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August 09, 2022

August 8, 2022

Productivity and Costs (2ndQ2022)

- Nonfarm Productivity - Annual Rate    -4.6%. Previous was -7.4%

- Unit Labor Costs - Annual Rate    +10.8%. Previous was 12.7%

Productivity is total Labor Cost/GDP.  

Source:  BLS   Details: https://www.bls.gov/news.release/prod2.nr0.htm

Posted at 07:37 AM |

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