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March 24, 2026US PRODUCTIVITY, Q4 2025 [PRELIMINARY] 
US nonfarm business sector labour productivity slowed to a seasonally adjusted annualized rate of 1.8% in Q4 2025. Hours worked contracted by 0.2%, limiting growth in output to 1.5% after the gain in productivity.
US unit labour costs rose 4.4%, as the labour productivity improvement of 1.8% was more than offset by a 6.3% rise in hourly compensation.
Note: All figures are reported as growth from the previous quarter at seasonally adjusted annualized rates.
Source: US Bureau of Labor Statistics, retrieved from Federal Reserve Bank of St. Louis
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