Loading ...
Analysts say firms will now need more staff |
US shares have risen strongly after official figures showed that US business productivity has risen at its highest rate for six years.
Productivity, as measured by output per hour of work, rose at an annual rate of 9.5% between July and September.
The data suggests that firms, which have cut jobs in the downturn, are now increasing their output, which may in turn lead to them needing more staff.
Wall Street’s main Dow Jones index ended up 2% following the news. Read more
Popularity: 4% [?]
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment