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Productivity 1st Quarter 2008
Tuesday 19th August | 2008 | Ray Martin

Productivity
Productivity growth falls
This is a graph showing whole economy productivity and unit wage costs, Annual growth
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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