News for hackers. Stuff that matters.

A comment on US economy returned to growth last quarter, expanding 2.6%. Parent comment

Re:US economy returned to growth last quarter, expanding 2.6% by importantbrian on Thursday October 27, 2022 @12:23PM (#33359941)
Isn't that just because of the steep rise in labor costs? It's just another sign of how strong the labor market is right now.
[ Parent | on HN ]
Re:US economy returned to growth last quarter, expanding 2.6% by colinmhayes on Thursday October 27, 2022 @12:45PM (#33360295)
labor productivity is measured in output/hour, not output/dollar spent of wages.
[ Parent | on HN ]