An assembly worker works on 2015 Ford Mustang vehicles on the production line at the Ford Motor Flat Rock Assembly Plant in Flat Rock, Michigan, August 20, 2015. (Photo: Reuters)
The Bureau of Labor Statistics (BLS) said nonfarm business sector labor productivity was unchanged during the first quarter of 2017, beating the -0.2% consensus. The BLS also said that labor costs 2.2%, rather than the 2.6% consensus.
Labor output and hours worked both increased by 1.7%. The results are in line with the gross domestic product (GDP) numbers for the quarter.
