{"id":69830,"date":"2022-08-09T19:57:00","date_gmt":"2022-08-09T15:57:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=69830"},"modified":"2022-08-09T19:38:52","modified_gmt":"2022-08-09T15:38:52","slug":"us-nonfarm-productivity-falls-4-6-in-2q","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-nonfarm-productivity-falls-4-6-in-2q\/08\/09\/market-updates\/","title":{"rendered":"US Nonfarm Productivity Falls 4.6% in 2Q"},"content":{"rendered":"\n<p>US labour productivity declined for the second consecutive quarter as overall economic output contracted and employers spent more on labor as they added workers.<br><br>US nonfarm labor productivity is a measure of goods and services produced in the US per hour worked, fell at a seasonally adjusted annual rate of 4.6% annualized rate last quarter, after having declined by 7.4% in the first three months of the year, the report showed. Productivity fell at 2.5% pace from a year ago.<br><br>Large shifts in the composition of the workforce in the wake of the COVID-19 pandemic have made it harder to measure underlying productivity growth, which some economists put at about 1.0% or less, making the Fed&#8217;s fight against inflation more difficult.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US labour productivity declined for the second consecutive quarter as overall economic output contracted and employers spent more on labor as they added workers.US nonfarm labor productivity is a measure of goods and services produced in the US per hour worked, fell at a seasonally adjusted annual rate of 4.6% annualized rate last quarter, after &hellip;<\/p>\n","protected":false},"author":13,"featured_media":68416,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6885,6987,9597,6858,6871],"class_list":["post-69830","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-inflation","tag-nonfarm-productivity","tag-us-economy","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=69830"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69830\/revisions"}],"predecessor-version":[{"id":69837,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69830\/revisions\/69837"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/68416"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=69830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=69830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=69830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}