Nonfarm labor productivity increased 1.8% Q/Q in Q4, revised down from the 2.8% growth estimated earlier, and slowing from the 4.9% increase in Q3, according to data released by the Bureau of Labor ...

This paper investigates the aggregate impact of Artificial Intelligence (AI) technology on labor productivity, exploiting patent data in OECD countries during 2000-2017. We first document that after ...

Q2 nonfarm productivity increased 1.4% Q/Q, double the +0.7% consensus and accelerating from the 0.8% increase in Q1, according to data released by the Bureau of Labor Statistics on Thursday. Output ...

WASHINGTON – U.S. worker productivity growth slowed more than initially thought in the fourth quarter, but the trend remained solid and could get a boost from the rapid adoption of artificial ...

Productivity grew at a 2.3 percent annual rate in the second quarter, the U.S. Bureau of Labor Statistics reported on Thursday, surpassing economists’ expectations. The pickup was a major improvement ...

"Let's try managing labor productivity."When you think that way, the next question arises.That is,"What should I set as the ...

This week is a big week for inflation data: The Labor Department is putting out its latest consumer price index on Wednesday, the producer price index comes out Thursday and the import price index ...

Construction is a labor-intensive business. Despite tremendous advances in design, coordination, and management technologies, the physical installation of work in the field remains reliant on people.

All kinds of industries have been taking hits on Wall Street lately, as investors begin to worry that new artificial intelligence tools have the potential to disrupt them. In the last week alone, it’s ...

Construction productivity and efficiency are essential for the success of any building project, as they are directly connected to labor efficiency. Data shows that the construction industry has faced ...

WASHINGTON, Jan 8 (Reuters) - U.S. worker productivity grew at its fastest pace in two years in the third quarter as businesses invested heavily in artificial ‌intelligence, depressing labor costs.

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Scott Olson / Staff / ...