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Productivity growth slumps to 'dismal' levels in third quarter

Jan 10, 2019 - The Daily Telegraph (London)

PRODUCTIVITY growth slumped again to "dismal" levels in the third quarter of last year, falling to a level just one tenth of that seen before the financial crisis.

Productivity - the average amount one worker produced in an hour - rose just 0.2pc between July and September compared with the same period in 2017.

That was the weakest growth since 2016 and roughly 10pc of the growth levels of about 2pc recorded before 2008. Compared with the previous three months, productivity actually ...