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Productivity gains will boost US
Justin Lahart
The Wall Street Journal
Worker productivity in the US was up 6.6% in the last quarter of 2021, according to the US Labour Department. This follows a 5.5% decline in the third quarter; nevertheless, it looks as though higher productivity “might be on the way”, says Justin Lahart. The US could do with a boost. When productivity is high, businesses can “sell more, pay workers more and increase profits while leaving prices unchanged”. With investors worrying that rising
