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Productivity Growth

China, India to Lose Hundreds of Millions of Jobs to Robots Starting 2025

Jan 15, 2017 03:09 AM EST

The report said robots and computers perform a range of routine physical work activities better and more cheaply than humans.

US Productivity Falls in First Quarter of 2016, But Still Fares Better than Expected

Rina S. |

May 05, 2016 09:11 PM EDT

The U.S. witnessed a slide in its worker productivity in the first quarter of the year. In the non-farm business sector, the seasonally adjusted annual rate of productivity growth fell by one percent. However, in comparison to the same period in the previous year, the rate is marginally up by 0.6 percent. It also did better than expected as markets predicted the productivity rate to fall by 1.4 percent.