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Labor productivity up 1.3 percent, real compensation up 0.5 percent, second quarter 2017 to 2018 


August 17, 2018
Labor productivity in the nonfarm business sector rose 1.3 percent from the second quarter of 2017 to the second quarter of 2018. Real output rose 3.5 percent over that period, and hours worked increased 2.2 percent. Real hourly compensation—that is, adjusted for inflation—rose 0.5 percent from the second quarter of 2017 to the second quarter of 2018. Full Text »

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