129756542927031250_80United States Department of Labor publication 2011 4-quarter nonfarm productivity report showed that annual growth of salary costs by 2.8%, significantly ahead of expected earlier, instead of only modest increases in agricultural productivity, given the weak labor market, United States inflation will remain modest. Pointed out that the Ministry of labour, 2011 quarterly unit labour cost growth by the earlier publication 1.2% raised to three. According to Thomson Reuters survey, economists had expected 4-quarter growth rate of unit labour costs are not fixed, that is still 1.2%. Unit labor costs were fed one of the most closely watched inflation indicators. 3-quarter compensation costs last year raised its rate of change today is substantially, rising from the earlier released the fall of 2.1% to growth 3.9%。 Four quarterly revision of GDP report released last week had predicted growth rate of pay will be stronger. Quarter of 2011 United States economic growth rate has been reduced from the earlier released up to 2.8% of.
Today the Ministry of labour also said that 4 per cent from the quarter nonfarm productivity last year annualized per cent to 0.9%, over published earlier by 0.7%. Economists on thisAverage growth is expected to be only slightly elevated to 0.8%. Non-farm productivity is the average output per worker for an hour.
3 quarters of non-agricultural productivity growth last year 1.8%. United States economy out of recession after a period of time in 2007-09, non-farm productivity to maintain rapid growth, but growth slowed, suggesting that United States companies need to hire more staffIn order to increase output. Online statement Gold: gold online reprint of the above content
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