US productivity surges in second quarter; labor costs growth slows

Capt. John

U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and offering another boost to the improving inflation outlook. Nonfarm productivity, which measures hourly output per worker, increased at a 3.7% annualized rate last quarter, the Labor...

https://www.hellenicshippingnews.com/us-productivity-surges-in-second-quarter-labor-costs-growth-slows/

Leave a Comment