Thursday, June 7, 2007

US: Q1 non-farm productivity rose 1%

Q1 non-farm productivity rose 1.0 pct (Reuters)

A worker checks a shipment of outgoing boxes at the Amazon.com warehouse facility in New Castle, Delaware, November 24, 2006. Worker productivity grew at a slower than first estimated 1.0 percent annualized pace during the first quarter as the economy just inched ahead, driving up labor costs by 1.8 percent and backing fears inflation remains a concern, a government report on Wednesday showed. (Tim Shaffer/Reuters)Reuters - Worker productivity grew at a slower than first estimated 1.0 percent annualized pace during the first quarter as the economy just inched ahead, driving up labor costs by 1.8 percent and backing fears inflation remains a concern, a government report on Wednesday showed.


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