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LATEST US DATA

Private payrolls growth moderates; productivity falls

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The Labor Department report showed that unit labour costs increased at a 5.0 per cent rate in the first quarter, which was the fastest since the first quarter of 2014.

Washington

US PRIVATE employers in April added the fewest number of workers in more than a year, which could heighten worries about the economy's potential to rebound strongly from a first-quarter slump.

Private payrolls increased 169,000 last month, the ADP National Employment

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