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Contractual status, worker well-being and economic developmentNon-standard employmentEmployment contractsTemporary workInsecurity,ProductivityThis article focuses on the growth of non-standard employment arrangements in those segments of the labour market in developing countries that were previously the locus ...
But much about the near future remains uncertain. Proposed federal policies under the new administration stand to impact the economy in a multitude of ways — some inflationary, some potentially weakening economic growth and some directly impacting the labor supply (through immigration) or demand (thr...
WASHINGTON (Reuters) - U.S. worker productivity grew a bit faster than initially thought in the fourth quarter, helping to curb labor costs and providing a boost in the fight against inflation. Nonfarm productivity, which measures hourly output per worker, increased at a 1.5% annualized rate la...
In the long run,textbook economicssays productivity is a crucial ingredient for economic growth. The innovation and investment that drive productivity higher lead to rising wages and living standards. Productivity is also key in determining thepotential growth rate— how fast the economy can expand wi...
In recent years, some politicians and activists have come to question the fundamental assumption that economic growth and worker welfare are joined at the hip. They point to evidence that even as the productivity of the economy has gone up, worker wages haven’t. They observe that the share ...
While companies are excited about "copilots," the big improvements will come as organizations build new business processes and multi-step AI agents, leading to exponential growth in productivity and quality. Josh Bersin Company's research also argues that most of the limitations to...
During the late 18th and early 19th centuries, industrialization in Britain dramatically increased productivity, particularly in the textile industry. Machines could produce goods thousands of times faster than skilled artisans, leaving workers with traditional skills economically displaced. However, the benef...
and worker productivity on the agro-economy in a global multi-sector economic model. Biophysical impacts are derived from a multi-model ensemble, which is based on a combination of climate and crop models, and the economic analysis is conducted for different socio-economic pathways. This framework...
Governments have an interest in encouraging automation adoption, since it will help boost the productivity of national economies and raise growth. Stay current on your favorite topics Subscribe These benefits are being overshadowed today by near-term advances in automation tech...