Labor productivity and costs

FILE- In this Jan. 4, 2019, file work continues on a plan of new homes in Franklin Park, Pa. U.S. productivity rebounded in the final three months of 2019, helping to boost productivity growth for the year to the best showing in nearly a decade. The Commerce Department said Thursday, Feb. 6, 2020 that productivity grew at an annual rate of 1.4% in the October-December quarter, a significant improvement from a 0.2% drop in productivity in the third quarter. (AP Photo/Keith Srakocic, File)
February 06, 2020 - 6:06 am
WASHINGTON (AP) — U.S. productivity rebounded in the final three months of last year, helping to boost productivity growth for the year to the best showing in nearly a decade. The Commerce Department said Thursday that productivity grew at an annual rate of 1.4% in the October-December quarter,...
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FILE - In this July 18, 2019, file photo speaker of the House Nancy Pelosi, D-Calif., joins fellow Democrats and activists seeking better pay as the House approved legislation to raise the federal minimum wage for the first time in a decade _ to $15 an hour, at the Capitol in Washington. As of Jan. 1, 2020, there are higher minimum wages in a quarter of the states, and new federal overtime rules. (AP Photo/J. Scott Applewhite, File)
January 02, 2020 - 9:28 am
NEW YORK (AP) — Small business owners have plenty of changes to deal with as 2020 begins — higher labor costs for many companies, and some owners will discover that they have to comply with new laws that aren’t on the books in their own states. As of Jan. 1, there are higher minimum wages in a...
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In this Nov. 4, 2019, file photo cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, Wash. President Donald Trump says he “will make a decision very soon’’ about whether to impose tariffs on imported cars and auto parts. (AP Photo/Ted S. Warren, File)
December 10, 2019 - 5:35 am
WASHINGTON (AP) — U.S. productivity fell in the summer, the first decline in nearly four years, underscoring the struggles companies are facing in boosting worker efficiency. The Labor Department said Tuesday that productivity edged down at a seasonally adjusted annual rate of 0.2% in the July-...
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In this Monday, Nov. 4, 2019, photo with Mount Rainier in the background, cranes and a cargo container ship are shown at the Port of Tacoma in Tacoma, Wash. On Wednesday, Nov. 6, the Labor Department issues revised data on productivity in the second quarter. (AP Photo/Ted S. Warren)
November 06, 2019 - 5:55 am
WASHINGTON (AP) — American workers were less efficient in the July-September quarter, pushing down productivity for the first time since late 2015. The Labor Department said Wednesday that productivity, a measure of economic output for each hour worked, fell 0.3% in the third quarter. The drop...
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Jimmy Mangrym, a 63-year-old Flint native who has 43 years in at Flint Metal Fabrication in tool and dye, circle in front of an entrance to Flint Engine Operations as UAW members line the street with picket signs on the 32nd day of the nationwide UAW strike against General Motors after stalled contract negotiations on Thursday, Oct. 17, 2019 in Flint, Mich. (Jake May/The Flint Journal via AP)
October 18, 2019 - 10:55 am
DETROIT (AP) — The new four-year deal between General Motors and 49,000 United Auto Workers will drive up the company's expenses with pay raises, bonuses and other increases. But analysts say GM is far better able to handle the expenses now than it was a decade ago, when the high cost of labor...
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FILE - In this March 11, 2019 file photo, Gary Jones, president of the United Auto Workers union addresses delegates to the union's bargaining convention in Detroit. In recent years, Detroit automakers have been at relative peace with the UAW union because times have been good and profit-sharing checks have been fat. That all could change this week when talks open Monday, July 15 on new four-year contracts with the union representing 142,000 workers across the nation. Auto companies want to cut labor costs and end a gap with those at foreign-owned factories in the U.S. At bargaining convention in March, Jones told delegates that the union is raising strike pay and said the union would walk out if necessary. (AP Photo/Carlos Osorio, File)
July 15, 2019 - 9:14 am
DETROIT (AP) — Contract talks between the United Auto Workers union and Detroit's three automakers are kicking off with the union taking a far less conciliatory stance than past years. Union President Gary Jones said Monday that the companies have made record profits in recent years and members...
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FILE - In this May 1, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. Powell says the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility. (AP Photo/Patrick Semansky, File)
May 09, 2019 - 9:03 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Thursday the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility. In a speech at a Fed research conference, Powell said that incomes have grown more slowly for middle-class...
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FILE- In this Jan. 28, 2019, file photo a container ship is unloaded at the Port of Oakland in Oakland, Calif. On Thursday, May 2, the Labor Department issues revised data on productivity in the first quarter. (AP Photo/Ben Margot, File)
May 02, 2019 - 5:59 am
WASHINGTON (AP) — U.S. productivity grew at a solid 3.6% rate in the first three months of this year, the strongest quarterly gain in more than four years and a hopeful sign that a long stretch of weak productivity gains may be coming to an end. The first quarter increase in productivity was more...
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FILE- In this Jan. 4, 2019, file work continues on a plan of new homes in Franklin Park, Pa. On Thursday, March 7, the Labor Department issues revised data on productivity in the fourth quarter. (AP Photo/Keith Srakocic, File)
March 07, 2019 - 5:38 am
WASHINGTON (AP) — U.S. productivity grew at a rate of 1.9 percent in the fourth quarter, a slight improvement over the third quarter. Labor costs rose 2 percent, the strongest gain since the beginning of 2018. The Labor Department says the result from the October-December period was slightly better...
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December 24, 2018 - 2:29 pm
NEW YORK (AP) — Many small businesses will see their labor costs increase in 2019. Seventeen states are raising their minimum wages Jan. 1, and a number of others will follow suit later in the year. Some of the increases were scheduled by legislation passed in the last few years. Others are in...
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