US productivity down in spring, while labor costs rise

U.S. productivity fell in the April-June quarter by a larger amount than first estimated, while labor costs accelerated sharply. Productivity declined at an annual rate of 0.6 percent, even worse than the 0.5 percent drop initially reported, the Labor Department reported Thursday. It marked the third straight quarter that productivity has fallen. Labor costs rose at an ...

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US productivity down in spring, while labor costs rise

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