US Productivity Records Smallest Annual Gain Since 2011 1 234 567

US Productivity Records Smallest Annual Gain Since 2011

voanews.com

The productivity of American workers grew at a slower pace in fourth quarter and last year recorded the smallest annual gain in five years.

The Labor Department said Wednesday that productivity grew at a 1.3 percent annual pace from October through December, down from 3.3 percent in the third quarter. For 2016, productivity eked out a 0.2 percent increase, the smallest since a 0.1 percent gain in 2011.

Labor costs, which account for changes in productivity, rose at a 1.7 percent annual...

Full news

Share:

More:

1 234 567

1 234 567

1 234 567

1 234 567

1 234 567

1 234 567