Nonfarm labor productivity rose 1.5% in Q4 2024, compared with the +1.2% initial estimate and +2.2% in the prior quarter, according to data released by the Bureau of Labor Statistics on Thursday.

The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

Nonfarm productivity rose 2.2% Q/Q in Q3, reflecting no change from the preliminary estimate and matching the consensus estimate. That compares with the Q2's revised estimate of +2.5% in Q2 2024, the ...

Discover the essential construction calculators every contractor should use in 2026 to improve project accuracy, save time, ...

(RTTNews) - While the Labor Department released a report on Tuesday showing the jump by U.S. labor productivity in the third quarter was unrevised from the previous estimate, the report also showed a ...

June 6 (Reuters) - The number of Americans filing new claims for unemployment benefits increased last week and unit labor costs rose by less than previously thought in the first quarter, indicating ...

Creating an accurate cost estimate in the present is challenging enough but extending that estimate into the future presents an even steeper incline. Whether it's a week, a year, or even a five-year ...

Logistics leaders continue to grapple with managing warehouse labor costs as availability remains tight, demand for new types of skilled labor increases and automation workflows remain mostly ...