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>[http://republic-plaza.vn/ republic-plaza.vn]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 [http://www.reddit.com/r/howto/search?q=increase 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>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  [http://luxriverviewdatxanh.org/tien-ich-can-ho-thong-minh-saigon-intela-tai-nam-sai-gon/ intela saigon ldg] Square.  If you loved this article and you would want to receive more information relating to [http://giaodichnha.com/ldg-group-chinh-thuc-khoi-cong-du-can-ho-ven-song-saigon-intela/ chung cư saigon intela] please visit the webpage. On Thursday, Sept. 7, 2017, the Labor Department issues revised data on productivity in the second quarter. (AP Photo/Mary Altaffer)
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