Productivity Down, Hiring Up?
By Michael J. O'Brien
Tuesday, July 17, 2012
The consequences of an uneven recovery are continuing to make themselves evident. According to USA Today, recent government data that finds worker productivity fell by "the largest amount in a year" from January to March of this year.
"The steeper drop in production than first estimated suggests companies could need to hire in coming months," according to the article.
The productivity decline could signal that companies are struggling to squeeze more output from their workers and must hire to meet rising demand.
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