An economic concept known as the Baumol effect helps explain wage increases in industries immune to technological change.

Ireland has been ranked the world’s most productive country. In part, that was achieved by attracting foreign tech and pharma companies.

That’s a good thing for the economy and for business — and could be a good thing for workers themselves.

The Labor Department says worker output is up while average hours worked is down. That could help bring down inflation going forward.

70 U.K. companies have just completed a 6-month experiment with a shorter week with full pay – and early results are promising.