but wage growth has not followed. Why? Well, the answer to that is contained in our fourth chart - productivity, the ability of the economy to produce more for every hour worked. Here, we can see ...

A column chart titled "US unemployment claims" that ... Labor Department's Bureau of Labor Statistics showed worker productivity growth slowed more than expected in the fourth quarter, driving ...

The number of Americans filing new applications for unemployment benefits increased moderately last week, consistent with steadily easing labor market conditions, though opportunities for those out of ...

US labor productivity advanced at a firm pace in the fourth quarter, capping another year of faster efficiency gains that ...

A separate report from the Labor Department's Bureau of Labor Statistics showed worker productivity growth slowed more than expected in the fourth quarter, driving up labor costs. Nonfarm ...

Compared with 1995 to 2007, future US and European growth of real (after-inflation) GDP per person is expected to diminish by half, or worse. In each case, a serious weakening of growth in labor ...

We find the following: This suggests that TFP growth may play a key role in supporting labour productivity growth. While TFP growth has declined steadily since the 1960s, it rebounded in the 2010s ...