U.S. Worker Productivity Accelerates in Thrid Quarter

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00027318-us-worker-productivity-accelerates-in-thr/

By Greg Robb, MarketWatch

Productivity in the American workplace accelerated in the third quarter, rising at a 4.1% annual rate, the Labor Department estimated Thursday.

Unit labor costs – a key measure of inflationary pressures from compensation – fell 0.5% annualized, the biggest decline since the second quarter of last year.

Economists were expecting a 2.6% gain in productivity in the July-September quarter, according to a survey conducted by MarketWatch.

For this complete story, please visit U.S. Worker Productivity Accelerates in Thrid Quarter.

U.S. Worker Productivity Accelerates in Thrid Quarter

Unknown Author

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