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 ...

A column chart titled "US unemployment claims" that ... Labor Department's Bureau of Labor Statistics showed worker productivity growth slowed more than expected in the fourth quarter, driving ...

The number of Americans filing new applications for unemployment benefits increased moderately last week, consistent with ...

A separate report from the Labor Department's Bureau of Labor Statistics showed worker productivity growth slowed more than expected in the fourth quarter, driving up labor costs. Nonfarm ...

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 ...