productivity figures

A once-in-a-generation convergence of technology and pressure to operate more efficiently has corporations saying many lost jobs may never return. A once-in-a-generation convergence of technology and pressure to operate more efficiently has corporations saying many lost jobs may never return. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Daycare at work, long a white-collar benefit, is proving tough to pull off with other employees. Daycare at work, long a white-collar benefit, is proving tough to pull off with other employees. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

Worker pay and benefit gains firmed during the first quarter of the year according to a wage gauge closely watched by Federal Reserve policy makers. Employers spent 1.2% more on wages and benefits last quarter versus the prior three months, a slight uptick from an upwardly revised 1.1% increase in the fourth quarter of 2022, the Labor Department said Friday. From a year earlier the employment-cost index advanced 4.8%, an easing from the 5.1% gain at the end of last year. Worker pay and…

U.S. applications for unemployment benefits edged lower last week, reflecting a persistently tight labor market. Initial jobless claims, a proxy for layoffs, decreased by 2,000 to a seasonally adjusted 190,000 last week, the Labor Department said Thursday. Weekly claims have remained below the 2019 prepandemic average of about 220,000 since the start of the year. The four-week moving average of weekly claims, which smooths out volatility, rose slightly to 193,000.…

Tuesday The Labor Department releases its employment-cost index for the fourth quarter, which captures employers’ labor costs by measuring wages and benefits paid to workers. Wage gains have been historically strong, fueling but not keeping pace with inflation.  The European Union’s statistics agency releases fourth-quarter gross domestic product for the 19-nation eurozone. The combination of a mild winter, energy-conservation efforts and moves by governments to find new natural-gas…

Two-and-a-half years after Covid-19 emerged, reported infections are way down, pandemic restrictions are practically gone and life in many respects is approaching normal. The labor force, however, is not.Researchers say the virus is having a persistent effect, keeping millions out of work and reducing the productivity and hours of millions more, disrupting business operations and raising costs. In the average month this year, nearly 630,000 more workers missed at least a week of work because of illness than…

U.S. worker filings for unemployment benefits rose last week, reflecting a still tight labor market that has lost steam from earlier in the year. Initial jobless claims, a proxy for layoffs, increased to a seasonally adjusted 228,000 last week from the 219,000 the week before, the Labor Department said Thursday. The recent level is up from March, when claims touched a more than 50-year low, but remain consistent with prepandemic levels and a tight labor market. The average…

A United Airlines jet’s wingtip clipped another jet earlier this summer after inexperienced ramp workers misjudged the distance between the aircraft. Some nurses are starting hospital jobs after graduating from school having never touched a live patient. Chipotle said sales at its restaurants are lower than they would be with more experienced staff. On paper, many companies’ workforces are close to prepandemic strength or have even surpassed their early-2020 head count. In practice, companies are thrusting many workers…

Nonfarm labor productivity fell at a seasonally adjusted annual rate of 4.6% in the second quarter from the prior quarter. Photo: Houston Cofield/Bloomberg News…

The U.S. consumer-price index for last month is expected to show that price pressures eased on a monthly and annual basis. Photo: Richard B. Levine/Zuma Press…