Wall Street Journal (02/05/15) Ben Leubsdorf
Employee productivity fell in the fourth quarter of 2014, the latest indication of weak gains that could constrain the economy’s long-term expansion. Nonfarm worker productivity dropped at a seasonally adjusted 1.8% annual rate during the fourth quarter of 2014, according to the U.S. Department of Labor. Productivity fell in the fourth quarter because output increased at a 3.2% pace but hours worked rose at a 5.1% rate, the biggest increase in hours since the fourth quarter of 1998. Economists polled by the Wall Street Journal had forecast productivity would be flat in the fourth quarter.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in one place. Stop by CareerBuilder’s booth next week at Staffing World to learn more—Booth 813 in the expo hall.