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First Quarter Productivity Up 2.2% |
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Author: 123jump.com Staff
123jump.com
Last Update: 10:13 AM EDT May 07 2008
Department of Labor reported first quarter non-farm productivity rose at 2.2% annual rate after rising at a rate of 1.8% in the fourth quarter of 2007. Labor costs increased 0.2% in the quarter from a year ago. Hourly compensation increased 4.4% and manufacturing sector productivity increased at 4.1%. |
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