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07.05.2008 - US productivity beats forecasts

US workers were more productive than many analysts had forecast during the first three months of the year, figures from the Labor Department have shown.

The Czech Republic news are represented by www.prague-pensions-hotels.com

Productivity, or the total output per hour of work, rose at an annual rate of 2.2% in the first quarter, the Labor Department said.

Analysts had expected an increase of closer to 1.5%, and said the increase came as firms cut German consumer confidence high ...
US new home sales at 16-year-low ...
Chad Pardons French Aid Workers ...
More US passport 'file breaches' ...
US probes passport file breaches ...
More job losses hit US economy ...
back on worker hours.

The cost of labour rose by 2.2%, slower than in the previous three months.



(BBC)

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