Preliminary Q3 Non-Farm Productivity Rises 1.9%; Labor Costs Dip 0.1%

Byline: Gary Siegel Non-farm productivity grew at a 1.9 percent annual rate during the third quarter of 2012, while unit labor costs slid 0.1%, the U.S. Bureau of Labor Statistics reported Thursday. The productivity gain reflects increases of 3.2% in output and 1.3% in hours worked, Labor said. ...
Read this article at Preliminary Q3 Non-Farm Productivity Rises 1.9%; Labor Costs Dip 0.1%