http://www.msn.com/en-us/money/marke...X?ocid=U221DHP
Still, productivity has increased just 1.4% in the past year, about two-thirds of its long-run average. Weak productivity growth has been a hallmark of the current economic expansion, now in its 11th year. It is a key reason the overall economy has expanded more slowly than in previous expansions.
Greater productivity is a key ingredient in raising living standards. It enables companies to lift worker pay without raising prices on customers.