U.S. productivity increase outpaces world
Manufacturing labor productivity decreased in 2008 in 12 of the 17 economies compared by the Bureau of Labor Statistics.
The Republic of Korea and the United States had the largest productivity increases (1.2 percent each) among the five economies where productivity increased. Singapore had the steepest productivity decline (-6.6 percent).
For all economies, labor productivity in manufacturing increased less or declined more in 2008 than the average annual changes over the 2000-2008 period, when almost all of the economies studied experienced productivity increases.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- JOSH MABUS — Inbound marketing is fueled by wishful thinking
- (UPDATE) Prison won’t interrupt ex-prison chief’s retirement cash flow
- Kemper plant employee gag order continued
- 2014 a good year for filmmaking in Mississippi
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- MARTIN WILLOUGHBY — Doug Dale’s self-awareness helps lift him to top of his game
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- (UPDATED — BREAKING NEWS) American Specialty Alloys won’t locate $1.2B mill in Mississippi
- ASA postmortem: industrial recruiting is a constant cycle of death and life