U.S.: Productivity and Costs, First Quarter 2018
2018-06-06T16:18:19-05:00June 6, 2018 U.S. Bureau of Labor Statistics released its labor productivity report today. Labor productivity, or output per hour, is calculated by dividing an index of real output by an index of hours worked by all persons, including employees, proprietors, and unpaid family workers. According to the report, nonfarm business sector labor productivity increased