<H3>• U.S. Productivity and Costs By Industry: Manufacturing and Mining Industries — 2014</H3>

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Labor productivity - defined as output per hour - rose in about three-quarters of detailed manufacturing and mining industries covered in 2014. This was higher than 2013, when labor productivity rose in about 60 percent of the covered industries. Output and hours also increased in more industries in 2014 than in the previous year. Unit labor costs, which reflect the total labor costs required to produce a unit of output, declined in 53 percent of manufacturing industries and three out of four mining industries in 2014. Almost two-thirds of industries with productivity increases posted declines in unit labor costs. Please visit this link to read the full report: USDOL-BLS NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC URL: http://connecticuthumanresources.blogspot.com/

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