U.S. nonfarm unit productivity rose at a 1.3% annual rate in the third quarter, up from a 1.1% projection in the previous estimate but off from the 3.6% growth in the second quarter, the Bureau of Labor Statistics reported yesterday.

Unit-labor cost growth increased at a 2.8% rate in the third quarter, off from the 3.6% pace in the previous estimate, but up from a 2.6% decline in the second quarter.

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