US productivity flat in first quarter, while labor costs up
Story Date: 6/6/2017

 

Source: Martin Crutsinger, WRAL, 6/5/17

The productivity of American workers was flat in the first three months of this year, while labor costs rose at the fastest pace since the second quarter of last year. Productivity growth was zero in the January-March quarter after rising at a 1.8 percent annual rate in the fourth quarter, the Labor Department reported Monday. It was the weakest performance since productivity had fallen at a 0.1 percent rate...

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