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U.S. companies got slightly more out of their workers this spring after scaling back on hiring. The modest 1.6 percent annualized gain in productivity from April through June signals employers may need to hire more if demand picks up.
New claims for US unemployment benefits fell last week, but were still too high to signal a change in fortune for the troubled labor market. Also underscoring the sputtering economic recovery was a separate government ...
U.S. business productivity in the third quarter grew at the fastest pace in six years and new claims for jobless aid fell to a 10-month low last week, indicating the decline in labor market may be hitting bottom.