US productivity

4 Stories

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... More »

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... More »

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... More »

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,... More »

4 Stories