Worker output fell 7.5% in the first quarter, the biggest decline since 1947

Worker output fell 7.5% in the first quarter, the biggest decline since 1947

Weekly jobless claims were expected to total 182,000 and first-quarter productivity was forecast to decline 5.2% while unit labor costs increased 10.5%, according to Dow Jones estimates.

This is breaking news. Please check back here for updates.

Post a Comment