Beneath strong headline numbers, key labor market ratios show clear signs of late-cycle weakness and slowing demand for workers. Prime-age employment, participation, and full-time job ratios have all ...

Combined parts and labor expenses fell 1.4% during the fourth quarter of 2023, reversing a 2.1% increase in the third quarter. In the latest North American Service Event Benchmark Report, the American ...

Revenue per employee is an important ratio that looks at a company's revenue in relation to the number of employees it has.

The Congressional Budget Office recently raised its demographic projections for net U.S. immigration. Most of the increase in the projections came from undocumented immigrants. Updating the CBO ...

Discover how the labor theory of value explains the pricing of goods based on labor input and its historical importance in ...