by sslifer | Jun 4, 2026 | NumberNomics Notes, Productivity
June 4, 2026 Non-farm productivity rose0.3% in the first quarter after climbing 1.6% in the fourth quarter and 5.2% in the third quarter First quarter growth rate consisted of a 1.0% increase in output combined with a 0.7% increase in hours worked. Hence, a 0.3%...
by sslifer | Jun 4, 2026 | NumberNomics Notes, Productivity
June 4, 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 | Jun 4, 2026 | NumberNomics Notes, Productivity
June 4 2026 The Bureau of Labor Statistics indicated that hourly compensation rose 2.1% in the first quarter after climbing 3.7% in the fourth quarter and 3.0% in the third quarter In the past year compensation has risen 3.3%. Growth in hourly compensation is a good...
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