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Productivity surged in the third quarter by the largest amount in six years while labor costs fell. While that indicates inflation is remaining under control, it also signals that workers' wages are getting squeezed, raising doubts about the durability of the economic recovery.
Productivity likely surged in the third quarter while labor costs fell, normally good signs that inflation remains under control. But in the current tough economy, it also signals that workers' wages are getting squeezed and they won't have as much to spend to bolster future economic growth.
The economy is still shedding jobs, but at a much slower pace than at the height of the financial crisis this year, according to government figures released Friday. That bolsters the view that the economy is making a slow but steady recovery from the worst downturn in decades.
Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon.
Productivity surged in the third quarter at the fastest pace in six years while labor costs continued to drop sharply, a combination that will bolster companies' profits but leave workers with stagnant incomes.
Economists expect productivity posted another sizzling advance in the July-September period while labor pressures plunged, a combination that will bolster companies' profits but continue to squeeze workers whose incomes stagnated during the recession.
It can take years to build a reputation. Now Toyota has to wonder and worry how quickly an image can be shattered.
Productivity, the key ingredient needed for rising living standards, made a huge jump in the spring. In the worst recession in generations, that gain was a decidedly mixed blessing.
Feel like you’re working a lot harder for the same pay – or even less? A new round of government data indicates that you probably are. By msnbc.com's John W. Schoen.
Productivity likely surged by a sizable amount in the spring as businesses worked to hold down costs in the face of the worst recession to hit the country in the post World War II period.
U.S. workers were more productive in the first quarter than previously estimated, the government said Thursday, as rapid layoffs meant companies were forced to make do with fewer employees.
Listen up, people; this is important. And by “this,” I mean that vacation you’ve been considering. After and , I’ve come to the conclusion that the future of the Great American Vacation is in your hands.
Productivity rebounded in the first three months of this year while wage pressures eased, both outcomes reflecting the country's deep recession.
With the value of the dollar jumping up and down against other countries' currencies, what if the world just agreed to use the same currency? It sounds like a simple idea But like many simple ideas, it would come with all kinds of unintended consequences.
The deepening recession caused worker productivity to slide by a worse-than-expected amount in the fourth quarter while wage pressures shot up at the fastest clip in two years.
A government study of about 2,000 Cuban state businesses found that 60 percent of employees came late, left early or otherwise shirked their duties, official media reported Wednesday.
Productivity was increasing at the end of last year at three times the expected pace while labor costs slowed significantly, underscoring that a deepening recession has taken away the threat of inflation.
If you're employed, you're one of your company's assets. The measure of how well your employer uses you is your productivity — the goods and services you produce for each hour you work.
Americans' productivity soared in the spring while labor costs declined, two welcome outcomes that should relieve concerns that inflation is getting out of hand.
Detroit automakers — and Chrysler in particular — nearly erased the North American productivity gap with their Asian rivals in 2007 thanks to worker buyouts, leaner plants and other improvements, but they still make less money per vehicle because of higher costs, according to the Harbour Report on manufacturing released Thursday.
Oliver Young was looking at the back of his credit card bill recently and saw some offers for gifts he could get at a discount.
American workers stay longer in the office, at the factory or on the farm than their counterparts in Europe and most other rich nations, and they produce more per person over the year.
The Holistic Creative Entrepreneur Practices Productivity and Creativity for Good Business SakeEntrepreneurship is a gift. However as with all gifts, you must build your skills and abilities. The holistic and creative entrepreneur practices productivity and creativity daily.
50 Web Applications for Teachers50 Web Applications for Teachers – 50 web tools to help teachers with lesson planning, research and productivity!
Recession Sends Older Americans To Food PantriesOlder Americans who were raised on stories of the Great Depression and acquired lifelong habits of thrift now find themselves crowding soup kitchens and food pantries in greater numbers for the first time after seeing retirement funds, second jobs and nest eggs wiped out by reces …
Why Google Wave Sucks, And Why You Will Use It AnywayFrom the article: Google Wave is a hot topic at the moment. The ambitious group collaboration and micro-messaging platform started rolling out in beta via an initial batch of 100,000 invitations two months ago. Many people still want invitations.
America's Health is America's BusinessImagine what the American Trucking Association would say if the interstate highway system was a jumble of unconnected, poorly paved roads, every mile of which was nonetheless tolled at exorbitant rates.
Green Buildings: Fewer Sick Days, Higher RentsA new study found that tenants in green buildings experience increased productivity and fewer sick days. The research also found that that green buildings have lower vacancy rates and higher rents than non-green counterparts.
Flaw in US Data Overstates Growth, Productivity - General * US * News * Story - CNBC.comA widening gap between data and reality is distorting the government's picture of the country's economic health, overstating growth and productivity in ways that could affect the political debate on issues like trade, wages and job creation.
Productivity gains may be bad news for job seekersCompanies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon.
5 Ways Writers Can Get Their Lives BackInteresting article with some great tips for writers.
Cool InfoPorn on How Diff Demographic Groups of Americans Spend their TimeThe American Time Use Survey asks thousands of American residents to recall every minute of a day. Here is how people over age 15 spent their time in 2008
Top 50 Personal Develpoment BloggersAs we all continue through life, resources to improve the efficiency in how we do so is always welcomed. The resources contained in this blog post provides 50 contacts to help us be successful in a variety of areas in our lives. A most enjoyable reading.
So Much Food. So Much HungerHow can so many people be hungry when farmers produce enough food, at least in theory, to feed every person on the planet?
French: The Most Productive People In The WorldFrench people are working less hours, but still making lots of money suggesting that they are the most productive nation of people on Earth.
Multitasking Muddles Brains, Even When the Computer Is OffSome people suspect that a multitasking lifestyle has changed how they think, leaving them easily distracted and unable to concentrate even when separated from computers and phones. Their uneasiness may be justified.
Editorial - To Nap, Perchance to DreamThe Pew Research Center has just published an interesting survey on naps and napping. It found that 34 percent of American adults had taken a nap in the past 24 hours. Men nap more than women, blacks more than whites and Hispanics, the unhappy more than the happy.
40 productivity-boosting search bookmarklets40 JavaScript applets you can add to your browser's bookmark toolbar to focus and enhance your Internet usage!
Jobs: Looking at Symptoms, Not RealityAmericans continue to root for jobs as they polish their resumes. Many are begging for anything to put a few dollars in their pockets.
13 Tips For Actually Getting Some Writing DoneOne of the challenges of writing is...writing. Here are some tips that I've found most useful for myself, for actually getting words onto the page:
How to Turn Good Ideas into Blockbusters - TIMEGiven that people have been thinking since the dawn of time, you may wonder why we suddenly need a book to teach us how to do so. Well, Sindell has an answer for that: "People have been running, too, for thousands of years.
It's time for Clippy and all his little MSOffice friends to pack up and leaveDon't put up with a bloated version of MSOffice. Give it the boot and run the more efficient and affordable (try free) option.
This post is to ask for ideas on the best way to setup electronic address books (I'm trying to simplify my life LOL).
Q. What do you do when someone criticize you, your work, your behavior and attitude so much that you feel as if that person is literally tearing you into pieces?
Should Creative Workers Use Cognitive-Enhancing Drugs?If I drink a cup of coffee, I perk up, stay awake a bit longer, and (seemingly) think a bit faster. We call this tradition. If I take a modafinil (Provigil), I perk up, stay awake longer, and (measurably) think a bit faster. We call this cheating.
A critical principle underlying Lean (Toyota Production System and derivatives) is respect for the individual employee. How does this manifest itself?
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