Posts Tagged ‘Workforce Productivity’

Labor Productivity Was 0.0% in 4Q17

Here’s a good news, bad news announcement: the U.S. Bureau of Labor Statistics has revised its estimate of fourth quarter 2017 labor productivity upwards – from a previously-reported negative 0.1 percent to 0.0 percent.

That’s right, a big goose egg counts as good news. That…

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Productivity Gains Accelerate

Labor productivity increased 3.0 percent during the third quarter of 2017, the U.S. Bureau of Labor Statistics reports, as output increased 4.1 percent and hours worked increased 1.1 percent.

The productivity increase was the largest since the third quarter of 2014, when output per hour increased…

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