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 [http://Search.Usa.gov/search?affiliate=usagov&query=Labor%20Department 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>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 [https://www.rewards-insiders.marriott.com/search.jspa?q=billboard billboard] in New York's Times Square.  Should you loved this informative article and you want to receive  [http://highinteladatxanh.com/chinh-sach-thanh-toan-can-ho-high-intela-quan-8/ nha mau HighIntela] much more information relating to [http://highinteladatxanh.com/tong-quan-can-ho-high-intela/ tien ich HighIntela] generously visit our internet site. 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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