U.S. productivity weak in third quarter; labor costs revised lower
U.S. productivity weak in third quarter; labor costs revised lower 3WASHINGTON (Reuters) – U.S. worker productivity fell by the most in nearly four years in the third quarter, the government confirmed, while growth in unit labor costs was not as robust as initially thought. The Labor Department said on Tuesday nonfarm productivity, which measures hourly output per worker, decreased at a 0.2% annualized rate in …
News story posted on 2019-12-10T14:15:00.0000000Z