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
- HUNTER ARNOLD: Mississippi, Gulf Coast states focus on global business markets
- Ridgeland property rights tussle is expected to have wide impact
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- BILL CRAWFORD: Keep schools free from preventable diseases
- Report ranks state schools' performance 51st in the nation
- JOSH MABUS — Mississippi’s Healthcare: Not a quality problem, a marketing problem
- The leadership styles of President Obama
- PHIL HARDWICK: When will Mississippi change its culture?
- Host families prepare for Mississippi Braves’ season