Q1 nonfarm productivity:-0.8%, annual rate, vs. -0.5% consensus and +1.7% prior (revised from +1.5%). Unit labor costs: +5.7% vs. +5.2% consensus and +2.0% prior (revised from +2.2%). Developing ...
Nonfarm productivity fell by 1.5% Q/Q in Q1, compared with the initial estimate of -0.8% and Q4 2024's -1.7%, according to data released by the U.S. Bureau of Labor Statistics on Thursday. Meanwhile, ...
WASHINGTON, June 5 (Reuters) - U.S. worker productivity dropped at a faster pace than initially thought in the first quarter, driving labor costs sharply higher at a time when businesses are already ...
Weekly jobless claims rise to highest level in a month Data suggests labor market largely stable Rebound in worker productivity eases surge in labor costs Aug 7 (Reuters) - The number of Americans ...