Labor productivity and costs

August 15, 2018 - 8:34 am
WASHINGTON (AP) — U.S. productivity grew at an annual rate of 2.9 percent in the second quarter, the fastest pace in more than three years, while labor costs actually fell. The Labor Department said Wednesday that the April-June increase in productivity followed a much weaker 0.3 percent rate of...
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FILE- In this May 5, 2018, file photo, a Tropic Ocean Airways seaplane flies over the container ship Gerd Maersk as the ship heads to Port Miami in Miami Beach, Fla. On Wednesday, June 6, the Labor Department issues revised data on productivity in the first quarter. (AP Photo/Wilfredo Lee, File)
June 06, 2018 - 8:54 am
WASHINGTON (AP) — U.S. productivity grew at an annual rate of just 0.4 percent in the first quarter, even weaker than initially estimated, while labor costs rose at a bit faster pace. The Labor Department said Wednesday that the January-March productivity increase was revised down from the 0.7...
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FILE- In this Feb. 20, 2018, file photo, construction workers work in midtown Manhattan in New York. U.S. productivity grew at an annual rate of 0.7 percent in the first three months of 2018, a weak reading but a slight improvement from the previous quarter.(AP Photo/Seth Wenig, File)
May 03, 2018 - 9:01 am
WASHINGTON (AP) — U.S. productivity grew at an annual rate of 0.7 percent in the first three months of this year, a weak reading but a slight improvement from the previous quarter. The first quarter increase followed an even weaker 0.3 percent gain in the fourth quarter of last year, the Labor...
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In this March 3, 2017, photo, a woman works with fabric at 99Degrees Custom, in Lawrence, Mass. On Wednesday, March 8, 2017, the Labor Department issues revised data on productivity in the fourth quarter. (AP Photo/Elise Amendola)
March 08, 2017 - 8:51 am
WASHINGTON (AP) — The productivity of American workers grew at a slower pace in fourth quarter and last year recorded the smallest annual gain in five years. The Labor Department said Wednesday that productivity grew at a 1.3 percent annual pace from October through December, down from 3.3 percent...
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