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WASHINGTON (Reuters) -The U.S. Labor Department on Friday corrected productivity data from 2019 through 2023 after a computation error in off-the-clock hours worked ratios biased downward the labor hours levels underlying the productivity and costs data published last month. Worker productivity increased at a 3.3% annualized rate in the fourth quarter, corrected from the previously reported 3.2% pace. Rising worker productivity is helping to contain labor costs for businesses, which ultimately could lead to lower inflation over time. ....
US job growth misses expectations in October as labor market slows oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.
U.S. consumer spending, inflation cool in November streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
U.S. weekly jobless claims increase, but labor market remains tight streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.