Productivity Tips

Middle-class wages aren’t growing. Here’s why [Video]
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Productitivity

Middle-class wages aren’t growing. Here’s why [Video]

Between 1979 and 2024, productivity in the U.S. soared by 80.9%, while hourly pay grew by just 29.4%, according to a research by the Economic Policy Institute. This trend has often been referred to as wage stagnation. But more recently, economists have suggested that deliberate policy decisions have actively suppressed workers’ wage growth. So what exactly is preventing the middle class from earning a higher paycheck?

Dutch airline KLM unveils firm cost-cutting measures [Video]
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Productitivity

Dutch airline KLM unveils firm cost-cutting measures [Video]

Dutch airline KLM on Thursday announced a sweeping package of “firm” cost-cutting measures it hopes will lead to a boost in operating profits of around 450 million euros ($496 million) “in the short term.” There was no specific mention of job cuts, but the company vowed to “explore options for outsourcing, divesting or discontinuing activities