ML-Implode News - Sputtering Worker Productivity Vexes Economy

After surging in the early days of the economic recovery, worker productivity has slowed to a pace last consistently recorded in the early 1980s. As a result, businesses need to add employees to meet demand rather than extract more from their existing workforce.
The weak productivity highlights a few key features of the economic expansion: Companies are consistently hiring, but keeping a lid on wage increases and limiting their overall investment.

The consequence: The economy can't break out of its slow-growth cycle.

... From a year earlier, productivity was up just 0.3%. The gain was well below the long-term average of 2.2% per year since the end of World War II. "The broader picture on productivity growth remains dim," said BNP Paribas economist Laura Rosner.

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Sputtering Worker Productivity Vexes Economy