The U.S. Productivity Slowdown: Slow Growth, A Tightening Labor Market and Deviating From Okun’s Law

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According to this week’s revised GDP report, U.S. output declined by 0.7% for the first quarter of 2015 continuing the trend of a negative 1st quarter GDP figure for the second consecutive year. Concurrently, the labor market has by many accounts been improving at a fast pace as of late: the […]

Vía Forbes Real Time http://onforb.es/1d8gP6n