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U.S. Labor Productivity Climbs More Than Previously Estimated In Q3

Por: RTTNews Business December 07, 2022

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Revised data released by the Labor Department on Wednesday showed U.S. labor productivity increased by much more than initially estimated in the third quarter.The Labor Department said labor productivity climbed by 0.8 percent in the third quarter compared to the previously reported 0.3 percent uptick. Economists had expected productivity growth to be upwardly revised to 0.5 percent.Meanwhile, the report showed the surge in unit labor costs in... + full article



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