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Tag Archives: productivity

Employees working longer hours

CHICAGO — If it seems like you’re working harder than you used to, it’s probably not your imagination. Many companies have increased employees’ workloads and put a higher priority on productivity since the recession began, according to a MetLife Inc. study released today. The study found that employers have mostly held the line on core benefits, such as life insurance, ...

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Productivity rises in fourth quarter

Nonfarm business sector labor productivity increased at a 6.2 percent annual rate during the fourth quarter of 2009, the U.S. Bureau of Labor Statistics. This gain in productivity reflects increases of 7.2 percent in output and 1.0 percent in hours worked. (All quarterly percent changes in this release are seasonally adjusted annual rates.) This was the first quarterly increase in ...

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U.S. productivity grows despite recession

NEW YORK — U.S. productivity weathered the recession well, growing 2.5 percent (in per hour terms) in 2009, The Conference Board reported. This blip in the prevailing downward trend in U.S. productivity was largely explained by dramatically reduced working hours that offset output decline (employment fell by 3.6 percent in 2009; hours worked per worker by 1.5 percent.) U.S. productivity ...

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Productivity soars during third quarter

WASHINGTON — Non-farm business sector labor productivity increased at a 9.5 percent annual rate during the third quarter of 2009, according to the U.S. Bureau of Labor Statistics. This was the largest gain in productivity since the third quarter of 2003, when it rose 9.7 percent. Output increased 4 percent and hours worked decreased 5 percent in the third quarter ...

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