Canadian labor productivity unexpectedly rose 0.1 percent in the third quarter after falling in the previous three-month period, government figures showed.
Canadian labor productivity fell at the fastest pace in five years between April and June, with companies increasing hours worked as production declined, government figures showed.
The following is the text of Canada’s business sector labor productivity report for the third quarter released by Statistics Canada.
Canadian labor productivity rose 0.4 percent between January and March, less than half the pace forecast by economists, as much of the country’s output growth in the first quarter came from increases in hours worked.
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