Tag: Productivity
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Unit Labor Costs Fell. Stop Blaming Paychecks for Inflation.
Nonfarm unit labor costs fell 0.7% in Q3 2026 as labor productivity surged 3.6%. Hourly compensation rose 2.9%. Energy drove roughly 40% of the 3.7% CPI rise. Stop blaming paychecks for inflation the BLS tables do not support.
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