Browsing: rises

Add preferred source The U.S. Bureau of Labor Statistics reported that preliminary nonfarm business labor productivity for the July-September quarter rose 3.6% from the prior quarter, beating the market forecast of 2.7% and marking the strongest gain since the July-September quarter of last year. Unit labor costs fell 0.7%, defying expectations for a 0.4% increase…

U.S. nonfarm business labor productivity rose at a 3.6% annualized rate in the third quarter of 2026, accelerating from an upwardly revised 2.1% in the previous quarter, according to preliminary Bureau of Labor Statistics data released November 5. Unit labor costs fell 0.7%, while workers’ share of output reached its lowest level in records dating…