by sslifer | Aug 6, 2026 | NumberNomics Notes, Productivity
August 6, 2026 Non-farm productivity rose 1.4% in the second quarter after climbing 0.8% in the first quarter, 1.6% in the fourth quarter of last year and 5.2% in the third quarter Second quarter growth rate consisted of a 1.7% increase in output combined with a...
by sslifer | Aug 6, 2026 | NumberNomics Notes, Productivity
August 6, 2026 Unit labor costs might be a term that is not familiar to you. Unit labor costs represent the increase in compensation adjusted for the gains in productivity. You might think that if labor costs are rising that would put upward pressure on...
by sslifer | Aug 6, 2026 | NumberNomics Notes, Productivity
August 6, 2026 The Bureau of Labor Statistics indicated that hourly compensation rose 2.7% in the second quarter after climbing by 2.1% in the first quarter, 3.7% in the fourth quarter and 6.2% in the third quarter In the past year compensation has risen 3.7%....
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