Q4 Nonfarm Productivity Up 0.7%, vs. Cons. 0.8%; Unit Labor Costs Up 1.2%
A preliminary reading of nonfarm productivity for Q4 rose 0.7%, which compares to the economist estimate of 0.8%. The last Q3 reading came in at 1.9%.
Unit labor costs for the quarter rose 1.2%, vs. the consensus of 0.8%.
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Unit labor costs for the quarter rose 1.2%, vs. the consensus of 0.8%.
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