US productivity

4 Stories

US Workers Stretched Thin
 US Workers Stretched Thin  
Hirings Ahead?

US Workers Stretched Thin

With productivity decreasing, companies may need to hire

(Newser) - The employed portion of the US workforce is feeling burnt out. According to new numbers from the Labor Department, productivity fell 0.9% this quarter, as the time workers spent on the job rose faster than the economic output they produced. That means companies could soon be forced to hire...

Our Economic Cure? Innovation
 Our Economic Cure? Innovation 
OPINION

Our Economic Cure? Innovation

Innovation, and making it more efficient, can turn gray skies blue

(Newser) - Democrats and Republicans do have something in common: Both parties are wrong on how to resuscitate the flat-lining US economy, Michael Mandel argues in BusinessWeek. Tax cuts or increased government spending aren’t the cure. “Innovation is the best—and maybe the only—way the US can get out...

US Laborers Work Hard for the Money

New UN report says Americans more productive than peers

(Newser) - Labor Day is a well-deserved rest for Americans, as a new UN report shows US laborers work longer, harder, and get more done than their counterparts worldwide. The average US worker produces the most wealth, raking in $63,885 yearly, followed by Irish laborers at $55,986. Only Norway beat...

Productivity Up, But Inflation Still Looms

Escalating cost of labor helps drag down growing economy

(Newser) - US productivity increased last quarter, but analysts are still worried about the economy’s ability to grow while keeping inflation at bay. Nonfarm business productivity rose by 1.8%, beating the first quarter’s rate of 0.7%, but the government was forced to lower productivity estimates for previous years,...

4 Stories