Forex News: US Non Farm Productivity lower than expected

The 2nd quarter productivity showed a gain of 2.2% versus 2.5% expectation

The Unit Labor costs were wwell contained at 1.3% for the quarter. 

Although lower, the US does benefit from its ability to increase productivity.  The workers also do not have any wage advantage.  This is in contrast to the Eurozone where unionized workers are demanding and getting wage concessions. This is a problem in the area and should ultimately hurt the economy more.