Labor productivity in the US increased by 2.9% in the second quarter

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Labor productivity in the US in the second quarter increased by 2.9%, which was the maximum increase since the first quarter of 2015, the final data of the country's Ministry of Labor showed. Experts had expected the growth rate of 3%. In the second quarter, labor costs fell by 1%, while analysts had predicted a decrease of 0.9%. In the processing industry, labor productivity increased by 0.9%, in the production of goods and services - by 5%. hourly wage for US citizens adjusted for inflation rose by 1.9% after rising 3.7% in the previous quarter.

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