The Slowdown

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"Growth in worker productivity slowed sharply in the summer while wages and benefits rose at a rate that was far below a previous estimate.

Productivity, the key ingredient to rising living standards, edged up at an 0.2 percent annual rate in the July-September quarter. That was better than the zero change that was first reported, but it was below analysts’ expectation for a slightly stronger 0.5 percent increase."

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