Explore how the One-Third Rule estimates changes in labor productivity from shifts in capital investment, impacting economic growth and living standards.
As a university employee and since then, David Peetz has undertaken research over many years with occasional financial support from governments from both sides of politics, employers and unions. He ...
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.
My company Vistage’s most recent quarterly survey of small- and midsize-business CEOs revealed that while the majority of CEOs are investing in productivity strategies, only 37 percent report ...
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 ...
Although the level of Dutch labor productivity is high, its growth faces challenges. From an employment perspective, productivity can be boosted by improving education outcomes, strengthening ...
After three ‘lost decades’ of economic performance, wages in Japan showed signs of positive growth in 2024. To deliver sustained increases to real wages, Japan must improve labour productivity growth.
A new gospel is coming out of Silicon Valley, major business conferences, and seemingly every corporate call with investors: Artificial intelligence is about to make workers way more productive. Free ...