Difference between revisions of "US Productivity Improved At Ho-hum 1.5 Pct. Rate In Spring"

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WASHINGTON (AP) - U.S. workers' productivity rose a bit more this spring than initially reported, but the gains were relatively weak and a key reason why recent economic growth has been modest.<br><br>The Labor Department says productivity grew at a revised annual rate of 1.5 percent in the April-June quarter. That's up from an initial estimate of a 0.9 percent increase and comes after a slight 0.1 percent rate of increase in the first quarter. Labor costs increased at just a rate of just 0.2 percent in the second quarter, a major drop-off from a 4.8 percent growth rate in the first quarter.<br><br>If you have any kind of concerns concerning where and how to use [http://gemriversidedatxanh.site/huong-dan-duong-vao-tham-quan-du-saigon-intela/ Tham quan căn hộ mẫu saigon intela], you can contact us at our own page. Productivity, the amount of output per hour of work, has been weak throughout the nine-year recovery. Many economists say this has stifled pay raises and broader economic growth.<br><br>In this Thursday, July 20, 2017, photo, a worker on a suspended scaffold works on the electronic Coca Cola billboard in New York's Times Square. On Thursday, Sept. 7, 2017, the Labor Department issues revised data on productivity in the second [https://Insider.in/sunday-jazz-sundowner-at-the-quarter-jan7-2018/event quarter]. (AP Photo/Mary Altaffer)
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