India, Aug. 7 -- Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday.
The report said labor productivity shot up by 2.4 percent in the second quarter after tumbling by a downwardly revised 1.8 percent in the first quarter.
Economists had expected labor productivity to surge by 2.5 percent compared to the 1.5 percent slump that had been reported for the previous quarter.
The rebound by labor productivity, a measure of output per hour, came as output spiked by 3.7 percent compared to a 1.3 percent increase by hours worked.
"The productivity outlook is crucial for inflation," said Michael Pearce, Deputy Chief U.S. Economist at Oxf...