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Economy

“American productivity fell by the largest amount since 1960”

“US labor market productivity tanked in the third quarter. Paychecks grew and the number of hours worked jumped, but workers’ output increased only at a moderate pace.Revisions to the data that were initially published a month ago show that the productivity drop was… Continue Reading…

Economy

“U.S. productivity rises a record 10.1% in the second quarter”

“U.S. productivity rose at a 10.1% rate in the second quarter as the number of hours worked declined by the largest amount since the government started compiling the data more than 70 years ago. The Labor Department said Thursday that… Continue Reading…