News In Brief

Worker productivity slowed significantly in the US during the spring - and a key gauge of wage pressures jumped sharply, the Labor Department reported. Productivity increased at an annual rate of 1.3 percent in the April-June quarter, far below the 3.6 percent rate of growth during the prior three months. Meanwhile, unit labor costs surged at an annual rate of 3.8 percent in the second quarter, the highest rate since the end of 1997.

Mazda Motor Corp. said it would give pay raises to some 500 women and promote two or three of them to management in an effort to counter a sexual bias still common in Japanese companies. Mazda studied the performance and skills of 1,000 women employees and found that 500 deserved either promotions or an improvement in the job grade that determines their salaries, a spokesman said.

Internet use will save businesses up to $1.25 trillion - close to France's entire gross domestic product - by 2002, a study by Giga Information Group predicted. Savings will come from a wide range of new practices, including reducing the number of people processing sales requests and less-expensive ways to order supplies.

(c) Copyright 1999. The Christian Science Publishing Society

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK