The latest Productivity and Costs news release
(
http://www.bls.gov/news.release/pdf/prod2.pdf)
was issued today by the Bureau of Labor Statistics. Highlights are below.
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Productivity grew 4.3 percent in the nonfarm business sector in the second quarter of
2008, and unit labor costs declined 0.5 percent. In manufacturing, productivity fell 2.2
percent in the second quarter of 2008; unit labor costs rose 6.2 percent. All rates are
seasonally adjusted annual rates.
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