Productivity

Though employment is projected to increase over the next two years by 1.1 percent and 0.7 percent, respectively, this growth is expected to reverse over the next several years. The aging populations of many OECD countries will lead to the overall employment rate in the OECD block declining by 8 percent by 2060.

Philadelphia’s recent trash crisis highlights the need for a smarter approach to city services—one that uses low-cost AI tools to improve sanitation, reduce costs, and free up resources to better support the city’s workers.

Robots are the future. It is time for Congress and the administration to take a number of straightforward and affordable steps to boost U.S. robotics innovation and adoption.

Instead, they will boost productivity, lower prices and spur the evolution of the labor market.

Call me heartless, but nothing would make me happier than seeing 50 percent of American jobs automated over the next decade or so. Automation and displacement equal progress.

If fully funded, the R&D investments in the CHIPS Act could raise U.S. productivity by 0.2 percent to 0.4 percent over seven years.

New BLS data shows wages for the bottom fifth percentile of earners grew 49 percent in the last 10 years, versus 31 percent for the top fifth. Policymakers should spur productivity growth to keep raising incomes across all socioeconomic levels.

ITIF respectfully urges the FRA to approve the requested relief and to initiate broader regulatory modernization that embraces autonomous safety technologies.

Canadian firms are underinvesting in productivity-enhancing capital such as machinery, software, and advanced technologies. Without targeted reforms to boost investment and improve data collection, Canada risks falling further behind in global competitiveness and economic growth.

A recent working paper finds that management quality plays a pivotal role in determining whether firms expand, contract, acquire, or shut down.