Comment on Productivity up at 8.1 percent rate in 3Q

Productivity up at 8.1 percent rate in 3Q

Productivity surged in the third quarter by the largest amount in six years while labor costs fell. While that indicates inflation is remaining under control, it also signals that workers' wages are getting squeezed, raising doubts about the durability of the... Labour economics - Inflation - Productivity - Work - Wage

 

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