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Published on Thursday, June 4, 2015 | Updated on Thursday, June 4, 2015

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U.S. | Productivity Plunged in 1Q15 While Labor Costs Rose

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Summary

Productivity declined for the second consecutive quarter, dropping 3.1% in 1Q15. Unit labor costs and compensation increased, signaling tightening labor market. We expect stronger productivity growth in upcoming quarters

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