In addition to the Federal Reserve’s preferred measure of inflation, Thursday brought another key indicator the Fed keeps a close watch on: the employment cost index. It showed that in the third ...

Worker productivity slowed in the summer while wage pressures increased, but both developments were better than expected and are unlikely to raise inflation alarms at the Federal Reserve.The Labor ...

AI is making workers more valuable, productive, and able to command higher wage premiums, with job numbers rising even in roles considered most automatable, according to PwC’s 2025 Global AI Jobs ...

Larry Fink, CEO of BlackRock, believes AI will increase productivity and wages. His firm has increased assets while keeping its head count the same. Fink credits this to AI. Although AI optimists hope ...

A new wage system based on employee’s productivity in the civil service is underway, the federal government said on Monday, May 13. The government said with the system, workers on the same level could ...

This article examines how shifting to hourly wage system could boost work output in developing nations, focusing on Ghana. It draws on recent policy ideas, studies from Sub-Saharan Africa, and ...