Why U.S. workers keep getting more productive

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  NPR. This is The Indicator from Planet Money.

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  I'm Adrienne Ma.

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  And I'm Waylon Wong.

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  It is jobs Friday.

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  We've got the latest numbers in the Bureau of Labor Statistics.

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  In May, the economy added 139,000 jobs and the unemployment rate was unchanged at 4.2%.

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  If you're a faithful indicator listener,

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  you know that we like to look at the BLS is what they call the Employment Situation Report every month,

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  because it's a snapshot of how everyday people are doing in the economy.

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  But there are other ways that the BLS measures how working people are doing,

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  and that is what we're looking at today.

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  A data series that gets one economist particularly excited.

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  It's the greatest unsung series that if you say, what should we be watching?

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  That's what you should be watching.

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  I would recognize that economist voice anywhere.

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  Oh, yes.

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  Welcome back to the chat, Austin Ghoulsby,

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  president of the Federal Reserve Bank of Chicago.

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  Yes, he is back.

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  And this unsung data series he's obsessed with is labor productivity growth.

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