Source: Bureau of Labor Statistics Private-sector labor productivity opened the year with a 7.5% decline, marking the steepest dive in nearly 75 years. QQQ is down 4.34%, while SPY is down 3.12%. The latest drop is the biggest decline in quarterly productivity recorded since the third quarter of 1947 when the reading fell by 11.7%.The decline reflects the 2.4% drop seen … [Read more...] about US Labor Productivity Dives to Lowest in Nearly 75 Years
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