but wage growth has not followed. Why? Well, the answer to that is contained in our fourth chart - productivity, the ability of the economy to produce more for every hour worked. Here, we can see ...
Compared with 1995 to 2007, future US and European growth of real (after-inflation) GDP per person is expected to diminish by half, or worse. In each case, a serious weakening of growth in labor ...
To help make sense of 2025, The Globe and Mail asked dozens of experts, including economists, investors, academics and business leaders, to each choose a chart they think will be important to ...
We find the following: This suggests that TFP growth may play a key role in supporting labour productivity growth. While TFP growth has declined steadily since the 1960s, it rebounded in the 2010s ...
In fact, the argument goes, the data shows that labor productivity ... Looking at a chart of Blue Chip Consensus estimates for GDP growth back to the early 1990s, a few trends become clear.
Global production of six major food and animal feed crops (corn, wheat, rice, soybeans, cassava, and millet) has dramatically increased and outpaced world population growth between 1961 and 2022 ...