US worker productivity grew 1.9 pct. rate in Q3

Associated Press
US worker productivity grew 1.9 pct. rate in Q3

FILE-In this Tuesday, July 24, 2012, file photo, forklift driver Clyde Boyce takes inventory in the warehouse at a Michelin tire manufacturing plant in Greenville, S.C. U.S. worker productivity grew at the same modest rate this summer as in spring, a sign that companies may be nearing the limits on how much output they can get from their employees.The Labor Department said Thursday, Nov. 1, 2012, that worker productivity increased at a modest 1.9 percent annual rate from July through September, matching the April-June quarter rate. Labor costs fell at a 0.1 percent rate after having risen at a 1.7 percent rate in the second quarter. (AP Photo/Rainier Ehrhardt, File)

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