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.

The Department of Labor reported Thursday that first-time claims for unemployment bumped up slightly last week: 226,000 filed new claims, up from 219,000 the week before. And during that week before — ...

Labor productivity growth in the U.S. has been slow, contributing to modest increases in wages and real wages. Pay is ultimately tied to productivity. The government's focus on stimulating consumer ...

Forbes contributors publish independent expert analyses and insights. I cover logistics and supply chain management. Across the trucking industry, labor productivity increased 4.7%. Labor productivity ...

Discover essential labor market theories, macroeconomic and microeconomic indicators, and the role of supply and demand in ...

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 ...

U.S. labor productivity growth has been on the rise in recent years, gaining an average of 2.2% a quarter since 2023 due to public and private investments, new business formation, and surging ...

Most owners and operators of U.S. small businesses already benefit from the ongoing burst in labor productivity. But given the challenge of boosting performance from existing staff levels and current ...

Learn about labor-intensive industries like agriculture and hospitality. Understand their characteristics, examples, and how ...

Productivity is under pressure. A lack of skills and competencies is hampering production, innovation and economic growth while tight labor markets are causing companies around the world to struggle ...

As we discussed in a previous article, eurozone GDP growth has increasingly been held back by weak labour productivity growth ...