The Ed Schultz Show: News - U.S. productivity rises in second quarter, 2011 revised upward

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U.S. productivity rises in second quarter, 2011 revised upward

Yahoo Political News - | Wednesday, August 08, 2012

WASHINGTON (Reuters) - Nonfarm productivity rose more than expected in the second quarter as companies expanded output but only modestly increased the hours worked by their employees, data from the Labor Department showed on Wednesday. Productivity climbed at a faster-than-expected 1.6 percent annual rate between April and June. In the same report, the government also said productivity rose 0.7 percent last year, more than the initially estimated advance of 0.4 percent. ...

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