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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (29691)	11/12/1999 8:54:00 AM
From: JD	Read Replies (1) of 50167

WASHINGTON, Nov 12 (Reuters) - The productivity of U.S. workers rose sharply in the third quarter of this year while the growth in unit labor costs slowed significantly, the Labor Department said on Friday in a report suggesting benign inflationary pressures. Productivity, measuring the output per hour of workers outside the farm sector, rose at an annual rate of 4.2 percent in the July-September quarter, the department said. That was the fastest productivity rate since a 4.4 percent gain in the first quarter of last year and followed weak growth of just 0.6 percent in the second quarter. Jerry

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