During the presidential election campaign and during his first weeks in office, President Donald Trump has stressed the importance of keeping jobs in America and bringing back jobs that have gone abroad. But people lose their jobs for a number of reasons — and not always to people in Mexico or China. When businesses move […]
The productivity report out today had some pretty dismal numbers. Nonfarm productivity was up in the fourth quarter by a 1.3 percent annual rate; average growth in 2016 fell to 0.2 percent. Productivity has now grown less than 1 percent for the past six consecutive years. What might help explain this? Are we measuring the […]
