Labor productivity -- defined as output per hour -- rose in 54 percent of the detailed manufacturing
industries covered in 2012. This was down from 68
percent in 2011. Unit labor costs, which reflect the total labor costs required to produce a unit of output, declined in 39 percent of the industries in 2012 compared to 49 percent in 2011. More than half of industries with productivity increases posted declines in unit labor costs. See the complete report at this link: USDOL-BLS |
27 March 2014
• U.S. Productivity and Costs By Industry: Manufacturing Industries - 2012
Labels:
labor costs,
Productivity
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