Labor productivity rate falls at the fastest pace since 1960

Labor productivity rate falls at the fastest pace since 1960

• Labor productivity declined 5.2% from the previous three-month period, worse than the Dow Jones estimate for a drop of 5%.
• That was the biggest quarterly decline since the second quarter of 1960.

https://www.cnbc.com/2021/12/07/labor-productivity-rate-falls-at-the-fastest-pace-since-1960.html

 

 

PRODUCTIVITY AND COSTS

https://www.bls.gov/news.release/pdf/prod2.pdf