Global Economic News

U.S. Q3 Labor Productivity Growth Unrevised, Labor Costs Rise Less Than Estimated

While the Labor Department released a report on Tuesday showing the jump by U.S. labor productivity in the third quarter was unrevised from the previous estimate, the report also showed a downward revision to the increase by U.S. unit labor costs.

The report said labor productivity shot up by 2.2 percent in the third quarter, unrevised from the initial estimate and in line with economist estimates.

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by RTTNews Staff Writer

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