Nonfarm business sector labor productivity increased 0.7 percent during the first quarter of 2018, as output increased 2.8 percent and hours worked increased 2.1 percent. From the first quarter of 2017 to the first quarter of 2018, productivity increased 1.3 percent, reflecting a 3.6-percent increase in output and a 2.2-percent increase in hours worked.
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Showing posts with label economic output. Show all posts
Showing posts with label economic output. Show all posts
Thursday, May 3, 2018
1Q 2018 Labor productivity up 0.7 percent from previous quarter and 1.3 percent year-on-year
Thursday, September 7, 2017
Labor productivity rose 1.5 percent in 2Q 2017, up 1.3 percent year-on-year
Nonfarm business sector labor productivity increased 1.5 percent during the second quarter of 2017 as output increased 4.0 percent and hours worked increased 2.5 percent. From the second quarter of 2016 to the second quarter of 2017,
productivity increased 1.3 percent, reflecting a 2.8-percent increase in output and a 1.5-percent increase in hours worked.
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