US labor productivity hits two-year high to 4.9% in Q3, inflationary pressures on wages eased
US labor productivity grew faster in the third quarter, reaching its highest rate in two years in the third quarter of 2025, which supports evidence that increases in efficiency are helping to reduce inflationary pressures on wages, Bloomberg reported. Productivity, or non-farm employee output per hour, increased at an annualized rate of 4.9% following a…