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Productivity rises among US workers

Labor costs fall nationally as job growth remains weak

6:26 AM, Dec. 10, 2012
Employee Scott Parker at work at IntelliGrowth, a company that produces organic fertilizer through a process of harvesting worm casings in Grand Chute. The Labor Department reported that productivity grew at an annual rate of 2.9 percent from July through September, the fastest pace in two years.
Employee Scott Parker at work at IntelliGrowth, a company that produces organic fertilizer through a process of harvesting worm casings in Grand Chute. The Labor Department reported that productivity grew at an annual rate of 2.9 percent from July through September, the fastest pace in two years.
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American workers are producing more and costing their employers less money, which means businesses still are cautious about expanding payrolls.

The Labor Department reported that productivity grew at an annual rate of 2.9 percent from July through September. That's the fastest pace in two years and higher than the initial estimate of 1.9 percent.

Labor costs dropped at a rate of 1.9 percent, more than the 0.1 percent dip initially projected. ...

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