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%.

No comments:

Post a Comment