US productivity up sharply in Q2


  • Business
  • Saturday, 09 Aug 2003

WASHINGTON: American worker productivity surged in the second quarter at more than twice the first-quarter clip, the government said, boosting hopes for stronger economic growth to generate more jobs. 

The Labour Department said productivity, a gauge of how much a worker produces an hour, accelerated to a 5.7% annual rate, more than twice the first quarter’s 2.1% gain. 

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