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  • 2Q10 Productivity was down -0.9% q/q annualized, posting its first q/q decline since 4Q08.  Some believe a slowdown in productivity is positive for the jobs market as companies reach the limits of how much they can produce with current employees.  As such, we examine forward payrolls growth as measured from post-recession productivity peaks going back to 1950.<...full article available after login

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