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Live Mint
Live Mint
1 day ago

US labour productivity hits two-year high to 4.9% in Q3, inflationary pressures on wages eased

US labour productivity hits two-year high to 4.9% in Q3, inflationary pressures on wages eased

US labor productivity rose 4.9% in Q3, the highest in two years, indicating efficiency gains are easing wage inflation. Economic growth also surged, while unit labor costs fell 1.9%.