Labor productivity and costs

1010 WINS Newsroom
January 15, 2020 - 3:40 pm
DETROIT (AP) — New contracts between the United Auto Workers union and Detroit's three automakers substantially increased the cost gap between Detroit and foreign automakers with U.S. factories, an industry think tank says. The Center for Automotive Research calculated that General Motors and Ford...
Read More
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)
1010 WINS Newsroom
January 02, 2020 - 12:28 pm
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...
Read More
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)
1010 WINS Newsroom
December 10, 2019 - 8:51 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-...
Read More
In this July 24, 2019 photo, large cranes to unload container ships are shown at PortMiami in Miami. On Thursday, Sept. 5, the Labor Department issues revised data on productivity in the second quarter. (AP Photo/Wilfredo Lee)
1010 WINS Newsroom
September 05, 2019 - 8:53 am
WASHINGTON (AP) — U.S. productivity rose at a healthy pace in the second quarter but dropped at American factories, another sign of trouble for manufacturers. The Labor Department said Thursday that overall productivity — output per hour worked — rose at a seasonally adjusted annual pace of 2.3% in...
Read More
FILE - In this July 22, 2019, file photo a container ship is unloaded at the Port of Oakland in Oakland, Calif. On Thursday, Aug. 15, the Labor Department issues revised data on productivity in the second quarter. (AP Photo/Ben Margot, File)
August 15, 2019 - 9:04 am
WASHINGTON (AP) — U.S. productivity increased at a decent pace in the second quarter, 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 the first three...
Read More
United Auto Workers President Gary Jones, left, and Ford Motor Co., Chief Executive Officer Jim Hackett shake hands to open their contract talks Monday, July 15, 2019, in Dearborn, Mich. (AP Photo/Carlos Osorio)
July 15, 2019 - 1:24 pm
DEARBORN, Mich. (AP) — Contract talks between the United Auto Workers and Detroit's three automakers kicked off with the union president departing from the traditionally friendly tone by telling Ford executives that workers want a bigger share of the companies' record profits. While Ford executives...
Read More
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 - 12:28 pm
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...
Read More
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 - 8:54 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 reported Thursday that the result from the October-December period...
Read More
December 24, 2018 - 5:29 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...
Read More
FILE- In this Sept. 18, 2018, file photo, farmworkers pick melons in the early morning hours in Huron, Calif. On Thursday, Dec. 6, the Labor Department issues revised data on productivity in the third quarter. (AP Photo/Marcio Jose Sanchez, File)
December 06, 2018 - 9:11 am
WASHINGTON (AP) — U.S. productivity grew at an annual rate of 2.3% in the July-September quarter, slower than the previous quarter but still an improvement over the weak annual gains of the past decade. Labor costs rose at a modest pace in the third quarter. The third quarter gain in productivity...
Read More

Pages