Today's report on nonfarm productivity and unit labor costs was a revision report but it was lifted higher. Third-quarter productivity was revised to 2.9% and unit labor costs to -1.9%. Dow ... Read Full Story »
The report on second-quarter productivity and unit labor costs is out from the Labor Department after last week's surprise nonfarm payrolls gains. Productivity (hourly output) rose by 1.6% versus -0.5% ... Read Full Story »