US productivity up 2.6% in Q4 2010

posted by
March 3, 2011
Bloomberg    
Posted in News

"The productivity of U.S. workers increased in the fourth quarter at a faster pace as companies sought to pare costs to preserve profits. The measure of employee output per hour rose at an unrevised 2.6 percent annual rate after a third-quarter gain of 2.3 percent, figures from the Labor Department showed today in Washington. Labor expenses fell for a second straight year." (03/03/11)

http://tinyurl.com/6cqponw  

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