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US worker productivity up 1.6 pct. in 2nd quarter

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.

 

US worker productivity fell 0.9 pct. annual rate

U.S. worker productivity fell by the largest amount in a year from January through March. The steeper drop in production than first estimated suggests companies could hire more in the coming months.

Senh: I'll take this as good news since it would mean more hires in the coming months.

 

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