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Reply to "Productivity Slips for Third Straight Quarter"
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[quote=Anonymous]Wow, digging pretty deep for bad economic news, huh? I suppose you missed the job numbers and the fact that labor participation rate has stabilized despite the continued retiring boomers. We had massive gains in productivity during the recession and its aftermath because people looked for alternatives to hiring. Now companies are hiring more and investing less in labor saving. This will happen until wage growth pressures them to do otherwise. [/quote]
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