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ID: 13263
Title: Yahoo! News: Economy News Yahoo! News Productivity up 0.2 percent in 3rd qtr. (AP)
Description: Economy News

A worker looks for defects in microprocessors at a manufacturing plant in East Fishkill, New York on March 24, 2004. The productivity of U.S. workers rose by a weaker-than-expected 0.2 percent in the third quarter, while unit labor costs grew by less than initially thought in encouraging news for the Federal Reserve on wage pressures, government data showed on Tuesday. (Chip East/Reuters)AP - Growth in worker productivity slowed sharply in the summer while wages and benefits rose at a rate that was far below a previous estimate, a development likely to ease inflation worries at the Federal Reserve.


Category: Business/US Economy/
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Date Added: December 05, 2006 10:07:54 PM
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