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 | + | 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 [http://Edition.Cnn.com/search/?text=quarter 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 Square. If you beloved this information in addition to you would like to [http://pinterest.com/search/pins/?q=receive%20details receive details] relating to [https://www.linkedin.com/pulse/vị-trí-dự-án-căn-hộ-high-intela-quận-8-hank-nguyen dự án High Intela] kindly go to our own web-page. On Thursday, Sept. 7, 2017, the Labor Department issues revised data on productivity in du an can ho [https://giaodichnha.com/du-an-can-ho-high-intela-quan-8/ HighIntela đất xanh] ([http://luxgardenhome.com/gia-ban-can-ho-high-intela-quan-8/ luxgardenhome.com]) the second quarter. (AP Photo/Mary Altaffer) |
Revision as of 21:57, 31 December 2017
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.
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.
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.
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. If you beloved this information in addition to you would like to receive details relating to dự án High Intela kindly go to our own web-page. On Thursday, Sept. 7, 2017, the Labor Department issues revised data on productivity in du an can ho HighIntela đất xanh (luxgardenhome.com) the second quarter. (AP Photo/Mary Altaffer)
