Inflation is still biting the

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逢股必赢
2022-08-09

Inflation is still biting the economy.

No light at the end of tunnel. Long way to tame the Inflation

U.S. Productivity Drops in Second Quarter; Annual Decline Largest Ever

U.S. worker productivity fell sharply in the second quarter and on an annual basis posted a record d

U.S. Productivity Drops in Second Quarter; Annual Decline Largest Ever

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Long way to tame the Inflation","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9904286051","repostId":1180950515,"repostType":4,"repost":{"id":"1180950515","pubTimestamp":1660049475,"share":"https://www.laohu8.com/m/news/1180950515?lang=&edition=full","pubTime":"2022-08-09 20:51","market":"us","language":"en","title":"U.S. Productivity Drops in Second Quarter; Annual Decline Largest Ever","url":"https://stock-news.laohu8.com/highlight/detail?id=1180950515","media":"Reuters","summary":"U.S. worker productivity fell sharply in the second quarter and on an annual basis posted a record d","content":"<html><head></head><body><p>U.S. worker productivity fell sharply in the second quarter and on an annual basis posted a record decline, the Labor Department said on Tuesday.</p><p>Nonfarm productivity, which measures hourly output per worker, fell at 4.6% annualized rate last quarter, after having declined by 7.4% in the first three months of the year, the report showed.</p><p>Economists polled by Reuters had expected productivity would decline at a 4.7% rate in the April-June period.</p><p>Productivity fell at 2.5% pace from a year ago.</p><p>Large shifts in the composition of the workforce in the wake of the COVID-19 pandemic have made it harder to measure underlying productivity growth, which some economists put at about 1.0% or less, making the Federal Reserve&#39;s fight against inflation more difficult.</p><p>Hours worked increased at a 2.6% rate in the second quarter.</p><p>Unit labor costs - the price of labor per single unit of output - accelerated at a 10.8% rate. That followed a 9.3% expansion rate in the first quarter.</p><p>Unit labor costs increased at a 9.5% rate from a year ago. An acute shortage of workers is boosting wage growth. There were 10.7 million job openings at the end of June.</p><p>Hourly compensation rose at a 5.7% rate in the second quarter. Compensation increased at a 6.7% rate compared to the second quarter of 2021.</p></body></html>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Productivity Drops in Second Quarter; Annual Decline Largest Ever</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Productivity Drops in Second Quarter; Annual Decline Largest Ever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-09 20:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/u-productivity-drops-second-quarter-124335337.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. worker productivity fell sharply in the second quarter and on an annual basis posted a record decline, the Labor Department said on Tuesday.Nonfarm productivity, which measures hourly output per ...</p>\n\n<a href=\"https://finance.yahoo.com/news/u-productivity-drops-second-quarter-124335337.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/u-productivity-drops-second-quarter-124335337.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180950515","content_text":"U.S. worker productivity fell sharply in the second quarter and on an annual basis posted a record decline, the Labor Department said on Tuesday.Nonfarm productivity, which measures hourly output per worker, fell at 4.6% annualized rate last quarter, after having declined by 7.4% in the first three months of the year, the report showed.Economists polled by Reuters had expected productivity would decline at a 4.7% rate in the April-June period.Productivity fell at 2.5% pace from a year ago.Large shifts in the composition of the workforce in the wake of the COVID-19 pandemic have made it harder to measure underlying productivity growth, which some economists put at about 1.0% or less, making the Federal Reserve's fight against inflation more difficult.Hours worked increased at a 2.6% rate in the second quarter.Unit labor costs - the price of labor per single unit of output - accelerated at a 10.8% rate. 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