Worker Productivity Jumps Sharply

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Topspin

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Worker Productivity Jumps Sharply, Topping Estimates
Topics:Inflation * Consumers * Federal Reserve * Economy (Global) * Economy (U.S.)By Reuters * 07 Nov 2007 * 08:36 AM ET Font size: U.S. non-farm worker productivity increased at the strongest rate in four years during this year's third quarter, the government said on Wednesday in a report implying the economy could keep growing without generating inflation.

Productivity, or hourly output per worker, increased at a seasonally adjusted 4.9 percent annual rate in the third quarter, the Labor Department report showed. That was well ahead of Wall Street economists' forecasts for a 3 percent gain.

It was the strongest growth in productivity since a 10.4 percent surge in the third quarter of 2003 and was more than double the revised 2.2 percent gain in productivity posted during the second quarter.

Unit labor costs, a gauge of inflation and profit pressures that Federal Reserve policy makers monitor closely, contracted by 0.2 percent in the third quarter after growing a revised 2.2 percent rate in the second quarter. Wall Street economists had forecast that unit labor costs would grow by 1 percent.
 
You would never know it from posting here? The libs complain about being slaves to corporate Americana, butt, they seem to be treated pretty good for slaves, posting here bitching up a storm all day long? I personally think you are on welfare Topspin, a real welfare demorat, sucking up money from the taxpayers while you post about The Hillary all day long, almost as if, you were promised a raise in your welfare benefits if she wins, how am I doing?
 
Well? Look how Topspin ran away once exposed by the mensa man? Hugo Chavez probably told him to post this, if not him, it was The Hillary who promised him moore welfare payments, now he is running scared, and calling headquarters for further instructions? Skewering these libs is so easy, it is like taking candy from a baby, shooting fish in a barrel, winning a tenK race against Fatty Moore?
 
Topspin said:
superfreak mensa ? BAHAHAHHA
Mensa coldcaller
Click to expand...

Is this the best you and Hugo could come up with? Superfreak, who I personally have cyber-skewered to within one inch of his nearly worthless posting existence, could only hope to be the mensaman? At least he knows better, and has followed me around studying my posting style, and I have seen a marked improvement in him lately? RJS refuses to even work with you Topspin, you have no raw material, sorry, and being a Hillary fan, there is no hope for you, butt, do not lose all heart, I have a position open as my shoe shine boy, since the Dapper Don left, you will have to whistle while you work, I like old Mowtown tunes, how many can you learn?
 
Does the increase just mean that workers are dong more for less pay ?

And this is a good thing how ? In the overall long term scheme of things.
 
real incomes are up very good along with productivity, not they you'd look something up before your moronic reflex
 
Back to that old incomes vs wages spin huh sputter. We sort of burned your butt on it last time you started that crap.
 
LadyT I expect moronic shit from GED he doesn't get it.
You however have a finance degree and your arguing against productivity.
P.S. look up real income increases over the last year they are way up.
 
Topspin said:
LadyT I expect moronic shit from GED he doesn't get it.
You however have a finance degree and your arguing against productivity.
P.S. look up real income increases over the last year they are way up.
Click to expand...

Who said I was "arguing against it"? I'm merely pointing out that from the perspective of the laborer its not all that great.
 
a degreed person saying "great people are doing more for less"
is pathetic when addressing increasing productivity which means American competitiveness.
Especially since income are up very nicely
 
But considering inflation median wages are at best pretty flat.

Wages are the majority of peoples income.

spin that income crap all you want to sputter.
We know better on here.
 
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