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Worker output fell 7.5% in the first quarter, the biggest decline since 1947
People work at the Rivian Automotive electric vehicle factory in Normal, Illinois, April 11, 2022.Kamil Krzaczynski | ReutersWorker productivity fell to start 2022 at its fastest pace in nearly 75 years while labor costs soared as the U.S. struggled with surging Covid cases, the Bureau of Labor Statistics reported Thursday.Nonfarm productivity, a measure of output against hours worked, declined 7.5% from...
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Goldman Sachs gives senior managers a new perk: ‘Flexible vacation’ policy
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020.Adam Galacia | CNBCGoldman...
‘Unretiring’? This is how to handle your Medicare coverage
Blackcat | E+ | Getty ImagesRetirees on Medicare who are heading back to the workforce may discover they have choices...
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Worker output fell 7.5% in the first quarter, the biggest decline since 1947
People work at the Rivian Automotive electric vehicle factory in Normal, Illinois, April 11, 2022.Kamil Krzaczynski | ReutersWorker productivity fell...
‘Unretirement’ is becoming a hot new trend in the sizzling U.S. labor market
A worker grinds a weld on a safe that is being manufactured at Liberty Safe Company on March 22, 2022...