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Productivity falls while labor costs increase

Daily Record,

Productivity in the spring fell by the largest amount in nearly four years while labor costs rose, signals that companies may have reached the limits of squeezing more work out of fewer workers.

Productivity dropped at an annual rate of 1.8 percent in the April-to-June quarter, double the 0.9 percent decline originally reported a month ago, the Labor Department said Thursday. Unit labor costs rose 1.1 percent, the biggest rise in labor costs since late 2008.


Posted by: Sammy on 09/02/10 at 12:04 PM
    Page 1 of 1 pages
  • 1. · Put these together:

    the fall in productivity

    Increase in labor costs

    Increase in personal income

    the Challenger report....

    ...and you have some very intriguing and possibly good news for the labor market.

    Comment by shadowdiver  on  09/02/10  at  06:37 PM | [Back to Top] | [Back to Main]
  • Page 1 of 1 pages

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