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ABSTRACT

December 1984, Vol. 107, No. 12

Strong post-recession gain in productivity
contributes to slow growth in labor costs

Lawrence J. Fulco
Supervisory economist, Office of Productivity and Technology, Bureau of Labor Statistics


Hourly compensation growth was modest, with the advance in output per hour in line with other postwar recoveries; spanning 2 years, the productivity rise was the longest sustained increase since 1971-73.

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