While a spike in productivity—essentially the measure of how much output a worker creates per hour—is generally viewed as the ...

U.S. labor productivity initially surged in 2020 during the COVID-19 pandemic, despite the massive economic upheaval. As the economy recovered, the level of productivity retreated to its slow ...

“Productivity isn’t everything,” Paul Krugman wrote in his 1990 book, The Age of Diminished Expectations, “but in the long run it is almost everything.” Productivity is a foundation of prosperity. The ...

Labor productivity—output per hour worked—drives long-run economic growth. Business leaders looking beyond the next two years will find that their companies’ fortunes are tied to the economy’s growth ...

China's economy is facing a slowdown, with growth dropping from 6.5 per cent before the pandemic to just 4.6 per cent now, ...