Tuesday , June 18 2024
Inland Empire Economy Improves While Housing Falls.002
Inland Empire Economy Improves While Housing Falls.002

U.S. worker output up dramatically

In another sign of a recovering economy, U.S workers increased their productivity between July and September at the fastest pace since the end of 2009.

Productivity was up three percent year-to-year during the third quarter, up from 1.8 percent during the second quarter, according to data released Monday by the U.S. Department of Labor.

The increase was attributed to a stronger-than-expected rate of economic growth, according to the labor department.

Productivity is defined as the amount of output per hour of work.

Check Also

National Retail Federation predicts solid sales growth

National retail sales bounce back

U.S. retail sales rose sharply in May, increasing both month-over-month and year-over-year, the National Retail …