Forex Dictionary

Labor Productivity

Labor Productivity

Source Statistics Canada (latest release) Next Release Sep 10, 2008 Measures Change in labor efficiency when producing goods and services; Usual Effect Actual < Forecast = Good for currency; Frequency Released quarterly, about 75 days after the quarter ends; Why Traders Care Productivity and wages are directly linked - a drop in a worker's productivity is equivalent to a rise in their wage. When businesses pay more for labor the higher costs are usually passed on to the consumer;