Labor productivity and costs

FILE - In this Dc. 18, 2017 file photo, former Los Angeles Laker Kobe Bryant talks during a news conference in Los Angeles. Bryant and fellow NBA greats Tim Duncan and Kevin Garnett headlined a nine-person group announced Saturday, April 4, 2020, as this year’s class of enshrinees into the Naismith Memorial Basketball Hall of Fame. They all got into the Hall in their first year of eligibility, as did WNBA great Tamika Catchings. Two-time NBA champion coach Rudy Tomjanovich, longtime Baylor women’s coach Kim Mulkey, 1,000-game winner Barbara Stevens of Bentley and three-time Final Four coach Eddie Sutton were selected. So was former FIBA Secretary General Patrick Baumann. (AP Photo/Chris Carlson, File)
April 08, 2020 - 10:07 pm
The Latest on the effects of the coronavirus outbreak on sports around the world: ___ Los Angeles Lakers general manager Rob Pelinka is drawing inspiration from his friendship with Kobe Bryant as he navigates the coronavirus pandemic. Pelinka was Bryant’s longtime agent before he took over the...
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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 - 9:33 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 Labor Department’s Bureau of Labor Statistics said Thursday that productivity grew at an annual rate of 1.4% in the...
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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 - 11:28 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 - 7:51 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-...
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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)
September 05, 2019 - 7:53 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...
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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 - 11:14 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 - 11:03 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 - 7:59 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 - 7:38 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 - 4:29 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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