TITLE

Non-Farm Productivity Revised to a 0.5% Drop

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/8/2006, Vol. 355 Issue 32334, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses 2005 fourth-quarter figures from the U.S. Labor Department that reveal that non-farm productivity dropped 0.5% between October and December 2005. The productivity drop was much steeper than the 0.1% drop forecasted by IFR Markets' poll of economists. Non-farm unit labor costs escalated 3.3% in the said period. In addition, number of hours worked increased 2.0%
ACCESSION #
20255815

 

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