Tuesday, 19th August 2008 | by Ray Martin
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Productivity |
![]() Whole economy productivity and unit wage costs, Annual growth |
In the first quarter of 2008, whole economy productivity growth (measured by output per worker) was 0.6 per cent compared with the same quarter a year ago, down from a growth of 1.6 per cent in the previous quarter. The fall in annual productivity growth was due to a decrease in the growth rate of output and an increase in the growth rate of whole economy workers.
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