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Financial News: U.S. Labor Productivity Surges More Than Expected In

U.S. Labor Productivity Surges More Than Expected In Q3

11/05/2026 - 08:40:00 (RTTNews)

(RTTNews) - Labor productivity in the U.S. surged by more than expected in the third quarter of 2026, according to a report released by the Labor Department on Thursday.

The Labor Department said labor productivity spiked by 3.6 percent in the third quarter after jumping by an upwardly revised 2.1 percent in the second quarter.

Economists had expected labor productivity to grow by 3.0 percent compared to the 1.4 percent increase originally reported for the previous quarter.

Meanwhile, the report said unit labor costs fell by 0.7 percent in the third quarter after surging by an upwardly revised 1.9 percent in the second quarter.

Unit labor costs were expected to climb by 0.6 percent compared to the 1.2 percent jump originally reported for the previous quarter.

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INTERNATIONAL FINANCIAL NEWS

U.S. Labor Productivity Surges More Than Expected In Q3

11/05/2026 - 08:40 AM (RTTNews)
(RTTNews) - Labor productivity in the U.S. surged by more than expected in the third quarter of 20 ...Full Story>>

U.S. Weekly Jobless Claims Unexpectedly Fall To 189,000

11/05/2026 - 08:35 AM (RTTNews)
(RTTNews) - With release of the more closely watched monthly jobs report looming on Friday, the La ...Full Story>>

UK Construction Downturn Deepens In October

11/05/2026 - 08:25 AM (RTTNews)
(RTTNews) - The UK construction activity contracted at the fastest pace in four months in October, ...Full Story>>

Bank Of England Lifts Interest Rate To 4%, First Hike In Over 3 Years

11/05/2026 - 07:55 AM (RTTNews)
(RTTNews) - The U.K. central bank raised its key interest rate on Thursday, as expected, for the f ...Full Story>>

Malaysia Central Bank Holds Rate At 2.75%

11/05/2026 - 07:34 AM (RTTNews)
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