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Productivity in U.S. Decreases for a Second Straight Quarter

By: micro1 in POPE IV | Recommend this post (1)
Thu, 05 May 16 11:58 AM | 79 view(s)
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U.S. worker productivity decreased for a second straight quarter and employer costs for labor climbed by the most in more than a year.

The measure of employee output per hour fell at a 1 percent annualized rate from January through March after a 1.7 percent decline in the fourth quarter. The median estimate of in a Bloomberg survey was for a 1.3 percent retreat. Labor costs jumped 4.1 percent, more than forecast.

http://www.bloomberg.com/news/articles/2016-05-04/productivity-in-u-s-decreases-for-a-second-straight-quarter

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