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A survey of 2,500 professionals found generative AI actually increased workload for 77% of workers. Some 47% said they didn’t ...
Q4 2025 Management View CEO Sean M. Connolly emphasized a continued commitment to volume-focused investments, particularly in ...
The UK government released its response to the Tech Adoption Review alongside the Industrial Strategy and Digital and Tech ...
He highlighted that nominal unit labour costs (non-farm) for the year to December were at 5.4 per cent, driven by falling productivity and an increase in average earnings.
Generative AI is set to boost productivity in India's financial services by up to 38% by 2030, and up to 46% for banking operations, according to an EY report. With numerous firms already investing in ...
Innovation improves productivity, yet Canada’s 2024 budget fails to embrace this principle. The 2024 budget prescribed five main strategies to address Canada’s productivity issues: ...
As Canada moves into 2025, its productivity still lags, despite efforts by the federal government to address the issue in the 2024 federal budget. Canada’s productivity has declined in nine of the ...
In a nutshell Researchers tested four types of audio during a cognitive task: “work flow” music, “deep focus” music, pop hits, and office noise. Only the work flow music, characterized by ...
For the year, U.S. productivity increased at a 2.3% rate, up from a 1.6% in 2023. Unit-labor costs, a key measure of wages, rose 3% in the fourth quarter up sharply from a 0.5% rise in the prior ...
Fourth quarter productivity increased 1.2% (Briefing.com consensus 0.8%) following an upwardly revised 2.3% (from 2.2%) in the third quarter. Unit labor costs increased 3.0% (Briefing.com consensus ...
For example, suppose the real GDP of an economy is $10 trillion and the aggregate hours of labor in the country is 300 billion. The labor productivity would be $10 trillion divided by 300 billion ...
Productivity increased 2.2% in the third quarter, which is pretty strong by historical standards. But another data point in the report, something called unit labor costs, was revised lower.