4Q Productivity Up 2.6%; Labor Costs Off 0.6%

WASHINGTON — U.S. nonfarm productivity increased 2.6% in the fourth quarter of 2010, unrevised from the initial estimate, while output and hours worked were revised lower, the Labor Department reported Thursday.

Unit labor costs declined 0.6% for the quarter ending Dec. 31, also unrevised from last month’s initial estimate.

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