The American worker is becoming more productive
6 days, 4 hours ago

The American worker is becoming more productive

Live Mint  

America is getting better at getting things done. Companies learned new ways of doing things and adopted new technologies, while an upheaval in the labor market moved workers into more productive jobs. But America’s scope for expanding its labor force is limited: The population is increasing slowly, the baby-boom generation is retiring, and Trump has promised to heavily restrict immigration and deport millions of immigrant workers who are already in the U.S. Stronger productivity would help bolster the economy and support an aging population. Hybrid work also appears to improve employee retention, said Stanford University economist Nick Bloom, meaning businesses don’t lose time training new workers. “If I can save an hour, two hours a day by speeding up these tasks, it makes me much more efficient," said Viktorov, whose gym is a Boston-area franchise of Tennessee-based D1 Training.

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The US economy is about to break a record. These 11 charts show why
5 years, 7 months ago

The US economy is about to break a record. These 11 charts show why

CNN  

The US economy has been on the upswing for a very long time. Employment is booming The share of Americans who want a job and can’t find one, known as the unemployment rate, is one of the clearest indications that the US economy has returned to health. Many employers have added non-wage benefits like better health care and help repaying …

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