#worker #productivity #coronavirus #chaos US worker productivity rose at a 7.3% rate in Q-2, the largest Quarterly increase since 2009. Labor costs also rose 12.2%. The US Labor Department report Friday is its 1st estimate of Q-2 productivity and follows Q-1’s 0.3% decliner. Labor costs rose again in Q-2 after rising at a 9.8% rate in Q-1. […]
Investments in resiliency will be/are a Key part of survival for many businesses, providing the know how required if there are further setbacks ahead over the next year or 2. Many companies are conjuring the details and building the capabilities needed for a return to productivity (work). They are running spreadsheets to see how many people […]
It is not impossible to evaluate the political impact of the coronavirus on President Trump’s election campaign. We can see from the Chinese experience that the incidence and impact of the disease is abating, luckily for President Xi. The Trump Administration will not let China off the hook on its dishonesty and negligence in exporting […]
$DIA $SPY $QQQ $RUTX $VXX Tuesday, the Fed Chairman Powell told Congress that the US economy is in a good place. With risks like trade policy uncertainty receding and global growth stabilizing, “we find the US economy in a very good place, performing well,” Chairman Powell told the House of Representatives Financial Services Committee. The US economic expansion, now […]
US productivity increased at a healthy pace in Q-2, a trend that could lead to higher wages if it continues. The Labor Department said Thursday that productivity — or output per hour worked rose 2.3% in the April-June Quarter, down from 3.5% in Q-1 of the year. The Q-1 gainer was the best in 4 […]
Below, some mental health experts share their strategies for shifting our stress, anxieties, worries and concerns into something healthier and more productive. With the fervor of the midterm elections, the barrage of tragic news stories in addition to just, you know, normal life stuff, many of us are feeling more anxious than usual. Though some of us suffer […]
Blue-Collar Jobs Grow at 30-Year High Blue-collar jobs reportedly are growing at their fastest clip in more than 30 years, powering a hiring boom in many small towns and rural areas that are strong supporters of President Donald Trump ahead of November’s midterm elections. Jobs in industries such as mining, construction and manufacturing rose 3.3% in […]
Sleep Deprivation Costs $411-B in Lost Productivity Annually Lots of people skimp on sleep because they feel they have to “get things done.” Meaning, they see sleep deprivation as a means to increase productivity. The evidence clearly shows the folly of this approach, as what you end up with is the complete opposite. In fact, […]
Big Tech Changes Coming Fast Big technolgy has been dominating the news and is a major driver of US stock markets. The sector’s narrative has changed with amazement at the power of disruptive innovation to change not just what we do but how we do it now and the consequences. This, of course has raised […]
Employee Owned Companies Pass the “Recession Test” Employee stock ownership of companies has been promoted in the US since the country’s founding. After the Revolutionary War, Treasury Secretary Alexander Hamilton fostered the resurgence of the Codfish industry by providing financial subsidies, but only for ships that had written profit-sharing agreements with their crews. This program, […]
Humans Vs Robots: Humans are Better at Some Stuff Robots are coming for all our jobs, but we’ve still got the edge in a few key areas. McKinsey’s new report on the future of automation notes that humans are better than robots at: spotting new patterns, logical reasoning, creativity, coordination between multiple agents, natural language […]
The Great Recession Is Over, and America is Running on Empty A Gallup study of US growth and productivity finds there has been NO economic recovery. “The Great Recession may be over, but America is running on empty,” writes Jim Clifton, Chairman/CEO at Gallup. The US Council on Competitiveness asked Gallup to conduct, pro bono, […]
IMF Downgrades US Economic Forecast The International Monetary Fund (IMF) downgraded its forecast for the US economy this year and said America should raise the minimum wage to help the poor, offer paid maternity leave to encourage more women to work and overhaul the corporate tax system to boost productivity. In its annual checkup of […]