Unit labor cost growth decreased 1.9% Q/Q in Q3, unrevised from the initial estimate released on Jan. 8, vs. +1.0% in the prior quarter. That reflects a 2.9% rise in hourly compensation and a 4.9% ...

Though we’re in the middle of a data drought right now, with the federal shutdown cutting off the flow of government economic data, there’s been plenty of evidence in recent months that the labor ...

Nonfarm productivity grew by 4.9% Q/Q in Q3, matching the consensus, and accelerating from the +4.1% increase in Q2 (revised from 3.3%), according to data released by the Bureau of Labor Statistics on ...

Employment and Social Trends report highlights shifting patterns of employment and social development worldwide, including distinctive trends emerging in the Caribbean and Latin America.

Findings also point to the limits of AI's impact, with skilling and human judgment playing a critical role in how organizations capture AI's full value Cognizant's analysis for New Work, New World ...

Accra, Aug. 22, GNA – Dr Abdul-Rashid Hassan Pelpuo, Minister of Labour, Jobs and Employment, says government remains committed to implementing policies to boost labour and multi-factor productivity.

"There is no clear evidence that generative AI tools have lifted productivity growth, with forecasts revised down consistently in recent years," the economist noted.