Nonfarm business sector labor productivity increased 0.9 percent during the second quarter of 2017, as output increased 3.4 percent and hours worked increased 2.5 percent. From the second quarter of 2016 to the second quarter of 2017, productivity increased 1.2 percent, reflecting a 2.7-percent increase in output and a 1.5-percent increase in hours worked.
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Wednesday, August 9, 2017
Labor productivity up 0.9 percent during 2Q 2017 and 1.2 percent year-on-year
at 11:31 AM
Labels: hours worked, labor output, labor productivity
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