US worker productivity up modestly in April-June

2013-08-17T00:00:00Z US worker productivity up modestly in April-JuneThe Associated Press The Associated Press
August 17, 2013 12:00 am  • 

U.S. worker productivity accelerated to a still-modest 0.9 percent annual pace between April and June after dropping the previous quarter.

The second-quarter gain beat economists' expectations and reversed a decline in the January-March quarter, when the Labor Department's revised numbers show productivity shrank at a 1.7 percent annual pace.

Labor costs rose at a 1.4 percent annual pace from April through June, reversing a revised 4.2 percent drop the previous quarter.

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