productivity

Labor costs moved much higher in the first three months of the year than previously thought.

President Donald Trump’s low-migration policies have helped push U.S. farms to invest in a new generation of labor-saving, high-wage “revolutionary” farm robots, according to the New York Times.

The faith of the followers of Fed Chairman Jerome Powell is fickle. Thursday’s massive stock sell-off completely erased all of Wednesday’s Powell-inspired gains and then some.

Unit labor costs, a measure of what businesses pay to produce a unit of output, jumped 11.6 percent.

Productivity made strong gains in the fourth-quarter but inflationary forces are still pushing up costs.

Labor costs are soaring by more than expected.

President Donald Trump’s tight labor market from 2017 to 2019 pulled many left-behind Americans into work and jobs, setting the stage for higher economic growth, says a report by JPMorgan.

Supply chain disruptions and labor scarcity drove productivity down much more than expected in the third quarter.

Real hourly compensation fell at an annualized rate of 4.6 percent in the first quarter.

The better-than-expected growth in compensation and productivity cast doubt on the necessity of the $1.9 trillion stimulus bill passed in March.

Manufacturing sector labor productivity increased at a 19.9 percent as the economy rebounded from the lockdowns

Mass immigration drains Social Security funding, despite a short-term sugar high, says a report by the Federation for American Immigration Reform.

Output fell less than employment in the second-quarter, pushing up productivity.

Joe Biden wants to import at least 125,000 refugees next year, so offering a huge inflow of cheap disposable labor to meatpackers, farm companies, retailers, and other low-wage, low-tech employers. 

Low-wage migrant farm workers are spreading coronavirus through the southeast United States as they pick crops by hand, so the fix is more testing and medical care, not more labor-saving automation, according to the Washington Post.

The supply of extra workers doesn’t have much effect on wages, so the government should import the foreign workers demanded by investors, says a February 27 New York Times  article, titled “Why a Top Trump Aide Said ‘We Are Desperate’ for More Immigrants.”

Lower migration is driving up blue-collar wages, and those extra wages are stabilizing the U.S. economy, admits the Economist magazine, which serves as a community newspaper for globalist elites. 

The House judiciary committee will debate and vote Wednesday on a bill to award multiple amnesties to the agriculture industry’s large illegal-immigrant workforce.

President Donald Trump’s low-migration economy is forcing many companies to boost Americans’ productivity with better software, faster robots, and more machines,  says a Reuters survey of company reports. 

Wages are rising, pushing up the share of America’s output that goes to workers rather than investors.

Americans are getting higher wages and more labor-saving machines because companies cannot get enough immigrants, laments a pro-migration business reporter at the New York Times.

Rep. Ihlan Omar posted and deleted a tweet which said that any immigration system which favors highly skilled people would be motivated by racism towards Latinos. 

One of the New York Time’s white-collar reporters joined with business executives to lament President Donald Trump’s pressure on employers to hire blue-collar Americans and pay them decent wages.

The first quarter saw a dramatic and unexpected increase in the economic output of American workers.

The White House’s economic staffers strongly suggested Tuesday there is no need for extra immigrant workers to fill new jobs in President Donald Trump’s go-go economy.

President Donald Trump’s “Hire American” economic policy is forcing companies to pay higher wages to U.S. workers and also to buy the labor-saving machinery which will allow American workers to produce more value in less time. 

Increased productivity signals tariffs are not hurting American manufacturers.

The United States government should double annual immigration to two million per year because it would help the nation’s “workforce and economic health,” said an op-ed in the New York Times.

Farms are increasingly buying labor-saving machinery — and raising farmworkers’ wages — because they are facing a shortage of illegal migrant workers, says an article in the New York Times.

Another quarter of rising productivity shows the U.S. economy continues its healthy expansion.

The foreign-born immigrant percentage of the U.S. population is the highest in 108 years, according to the latest release by the Census Bureau. 

The nation is better off when it has an army of imported low-wage service workers aiding upper-income urban professionals, says Associated Press economics writer Paul Wiseman, who lives in the Washington D.C. area.

Tony Blair has claimed Friday that Brexit is already damaging Britain’s economy by hitting productivity – hours before new data revealed productivity growth has, in fact, hit a six-year high.

Majority Leader Sen. Mitch McConnell has endorsed the Raise Act, which would raise Americans’ wages by halving annual immigration into the United States.

The education industry wants the federal government to amnesty and fund millions of potential customers who were formerly eligible for the DACA amnesty program — but it also admits that only 10 percent of the young illegal immigrants sign up for college.

Tesla’s Stock crashed on Monday, a day after Elon Musk tweeted that Tesla’s Model 3 had passed all regulatory requirements and initial units would begin rolling off the assembly line on July 7.

Although Tesla claims to be the world’s leader in “lean manufacturing,” the company’s productivity per worker is only one-seventh as good as the rest of the industry.

Sen. David Perdue is shoving the nation’s immigration debate in a radical new direction — he is trying to boost the economy by raising Americans’ average productivity, not by crudely raising the number of immigrant workers and consumers.

U.S. labor productivity has been stagnating over the last few years and is expected to decline this year for the first time in three decades, according to the Dallas Federal Reserve, and some employers are blaming the stalled productivity on millennials playing on their smartphones.

In fact, one of the worst things about politicized economics is the false promise that politicians know what the ideal economy looks like, never mind having solid plans for getting there. Is the ideal economy one in which everyone’s basic needs are covered? Welcome to the endless grey fog of the collectivist welfare or communist state, which always proves unsustainable and fails to deliver on those promises anyway.