Saturday, 2 July 2011
Services Productivity Falls While Economy Grows
Statistics released by the ONS show that whole economy labour productivity in terms of output per worker increased by 0.3% in the first quarter of 2011 compared with the same quarter a year ago while output per hour also increased by 0.3%. Unit wage costs increased by 0.6%. Output per job in the manufacturing sector increased by 4.4%. while in the service sector it fell by 0.5%.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment