U.S. second-quarter nonfarm productivity growth unrevised at 1.4%
U.S. nonfarm productivity rose at an unrevised 1.4% annualized rate in the second quarter, supporting steadier labor costs, the Labor Department confirmed.
U.S. worker productivity growth picked up in the second quarter, the government confirmed on Thursday, helping to keep labor costs in check.Nonfarm productivity, which measures hourly output per worker, increased at an unrevised 1.4% annualized rate last quarter the Labor Department's Bureau of Lab…