The Economy and You Archives - Page 2 of 2 - Harvester Financial Credit Union

U.S. Productivity Rises, Finally

A new report from the government shows that U.S. labor productivity rose sharply during the third quarter of 2016. This is welcome news, long overdue. According to the U.S. Bureau of Labor Statistics, Nonfarm business sector labor productivity increased at a 3.1-percent annual rate during 3Q16. To show what a big deal that is, consider…

In 2017, annual average unemployment rates decreased in 32 states and were little changed or unchanged in 18 states and the District of Columbia, the U.S. Bureau of Labor Statistics reports. Employment-population ratios increased in 12 states, decreased in 2 states, and were little changed or unchanged in 36 states and the District. The U.S.…