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.
Explore how the One-Third Rule estimates changes in labor productivity from shifts in capital investment, impacting economic ...
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 — ...
This story first appeared in TIME's new AI newsletter, In the Loop. You can subscribe here, for free, to get regular scoops like this directly into your email inbox. By how much, if at all, will AI ...
Over short time periods, such as a few quarters or a couple of years, productivity correlates very strongly with gross domestic product. Total output drives the market opportunity of companies. Total ...
Moving this discussion out of the Presidential Race thread per request. Reposting some of my thoughts to kick off discussion here (minor tweaks): The balance between Labor and Capital in the USA has ...