Tag: labor costs

  • U.S. Workers More Productive, But Hiring Down

    U.S. Workers More Productive, But Hiring Down

    WASHINGTON -- U.S. companies got slightly more out of their workers this spring after scaling back on hiring. The modest 1.6 percent annualized gain in productivity from April through June signals employers may need to hire more if demand picks up. The Labor Department said Wednesday that the increase... Continue Reading

  • Productivity Up In Summer While Labor Costs Fell

    Productivity Up In Summer While Labor Costs Fell

    By Martin Crutsinger WASHINGTON (AP) -- U.S. workers increased their productivity over the summer by the most in a year and a half but the gain was smaller than initially thought. The Labor Department says productivity rose at an annual rate of 2.3 percent in the July-September quarter. That was slower... Continue Reading

  • Worker Productivity Rises, Labor Costs Fall

    Worker Productivity Rises, Labor Costs Fall

    By Martin Crutsinger WASHINGTON (AP) -- U.S. workers increased their productivity this summer by the largest amount in a year and half, and they cost their employers less. The trend is good for corporate profits but not necessarily for job growth. The Labor Department says productivity rose at an annual... Continue Reading

  • Jobless Claims Fall as Labor Costs Tepid

    Jobless Claims Fall as Labor Costs Tepid

    New claims for unemployment benefits fell last week, but not enough to assuage fears the labor market recovery has taken a step back. Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 422,000, the Labor Department said Thursday, less than economists' expectations for a... Continue Reading