Productivity Growth Slows and the Costs of Labor Rise
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Worker productivity, a crucial factor in rising living standards, slowed sharply in the last quarter of 2007 while wage pressure increased.
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It could be going up, but the quest for productivity will drive another cycle of technology investment.
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U.S. business productivity growth  proved surprisingly sluggish at the end of 2004 and claims for  jobless aid unexpectedly dipped last week, according to  government reports that showed a good sign for employment which  could fan inflation fears.
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Annual growth in workers&#39; pay slowed unexpectedly in the three months to September to its lowest this year, official data has shown, providing more
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The productivity of American workers slowed sharply in the first three months of this year but wage pressures eased as well, providing evidence that inflation is being restrained.
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The productivity of US workers rose by less than first estimated in the first three months of 2007, figures show.
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U.S. worker productivity grew at a  slower pace than initially estimated during the first three  months of this year as the economy just inched ahead, driving  up labor costs and backing Federal Reserve sentiments that  inflation is indeed a concern.
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US manufacturing expanded at a slower pace in August as fewer companies reported an increase in orders and production. Construction spending rose to a record in July, private and government reports showed.
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Increases in health insurance premiums for working families slowed for the third straight year in 2006, but still rose at a rate more than double that of inflation and growth in workers' pay, an annual nationwide survey by the Kaiser Family Foundation shows.
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Business & money: Wage growth in the public sector slows to lowest level in nine years.
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Americans mark Monday's Labor Day holiday with an economy growing, albeit more slowly than in the recent past. Yet some say the tepid pace of expansion means average workers are getting few of the benefits of economic growth.
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Productivity in the fourth quarter rose at a stronger-than-expected pace as the biggest cutback in working hours in nearly five years helped restrain growth in labor costs, a U.S. Labor Department report showed on Wednesday.
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The economy grew at a slower pace than previously thought during the second quarter, official data has shown.
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Expansion in the U.S. factory sector  slowed in August as higher costs for energy and raw materials  squeezed manufacturers, a report showed on Wednesday, but  analysts said growth remained relatively robust.
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The productivity of America&#39;s workers grew at a 1.9 per cent annual rate in the third quarter, the smallest gain since late 2002, the government reported Thursday.
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A gauge of future economic activity showed the U.S. economy will slow in coming months, reversing recent gains and suggesting higher gas prices and a sluggish construction industry are beginning to take their toll
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Productivity increased at an annual rate of 1.8 percent in the quarter, down from a 6 percent rate in the July-September period, while wage pressures increased, the government reported.