Showing posts with label Productivity and labor costs. Show all posts
Showing posts with label Productivity and labor costs. Show all posts

04 February 2016

• U.S. Productivity and Labor Costs — Q4 2015

Productivity decreased 3.0 percent in the nonfarm business sector in the fourth quarter of 2015; unit labor costs increased 4.5 percent (seasonally adjusted annual rates).

In manufacturing, productivity decreased 0.4 percent and unit labor costs increased 3.6 percent.

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


02 December 2015

• U.S. Productivity Rises 2.2%...Unit Labor Costs Rise 1.8% — Q3 2015

Productivity increased 2.2 percent in the nonfarm business sector in the third quarter of 2015; unit labor costs increased 1.8 percent (seasonally adjusted annual rates).

In manufacturing, productivity increased 5.1 percent and unit labor costs increased 2.3 percent.

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/


05 November 2015

• U.S. Productivity, Unit Labor Costs Rise — Q3 2015

• Productivity increased 1.6 percent in the nonfarm business sector in the third quarter of 2015; unit labor costs increased 1.4 percent (seasonally adjusted annual rates).

• In manufacturing, productivity increased 4.9 percent and unit labor costs increased 0.9 percent.

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/


02 September 2015

• U.S. Productivity and Unit Labor Costs — Q2 2015

Nonfarm business sector labor productivity increased at a 3.3-percent annual rate during the second quarter of 2015 as output increased 4.7 percent and hours worked increased 1.4 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the second quarter of 2014 to the second quarter of 2015, productivity increased 0.7 percent, reflecting increases in output and hours worked of 3.3 percent and 2.6 percent, respectively.

Unit labor costs in the nonfarm business sector decreased 1.4 percent in the second quarter of 2015, reflecting a 1.8-percent increase in hourly compensation and a 3.3-percent increase in productivity. Unit labor costs increased 1.7 percent over the last four quarters.

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/


11 August 2015

• U.S. Labor Productivity & Costs — Q2 2015


Nonfarm business sector labor productivity increased at a 1.3 percent annual rate during the second quarter of 2015 as output increased 2.8 percent and hours worked increased 1.5 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the second quarter of 2014 to the second quarter of 2015, productivity increased 0.3 percent, reflecting increases in output and hours worked of 2.8 percent and 2.6 percent, respectively.

Unit labor costs in the nonfarm business sector increased 0.5 percent in the second quarter of 2015, reflecting a 1.8 percent increase in hourly compensation and a 1.3 percent increase in productivity. Unit labor costs increased 2.1 percent over the last four quarters….”

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/


04 June 2015

• U.S. Productivity and Costs — Q1 2015


Nonfarm business sector labor productivity decreased at a 3.1 percent annual rate during the first quarter of 2015, as output declined 1.6 percent and hours worked increased 1.6 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

The decline in productivity follows a decline of 2.1 percent in the fourth quarter of 2014.

From the first quarter of 2014 to the first quarter of 2015, productivity increased 0.3 percent, reflecting increases in output and hours worked of 3.2 percent and 2.8 percent, respectively.

Unit labor costs in the nonfarm business sector increased 6.7 percent in the first quarter of 2015, reflecting a 3.3 percent increase in hourly compensation and a 3.1 percent decline in productivity. Unit labor costs increased 1.8 percent over the last four quarters.

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/


06 May 2015

• U.S. Productivity Falls 1.9% (Annual Rate); Unit Labor Costs Rise 5.0% — Q1 2015


Nonfarm business sector labor productivity decreased at a 1.9 percent annual rate during the first quarter of 2015 as output declined 0.2 percent and hours worked increased 1.7 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

The decline in productivity follows a decline of 2.1 percent in the fourth quarter of 2014. From the first quarter of 2014 to the first quarter of 2015, productivity increased 0.6 percent, reflecting increases in output and hours worked of 3.5 percent and 2.9 percent, respectively.

Unit labor costs in the nonfarm business sector increased 5.0 percent in the first quarter of 2015, reflecting a 3.1 percent increase in hourly compensation and a 1.9 percent decline in productivity. Unit labor costs increased 1.1 percent over the last four quarters.

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/


28 April 2015

• U.S. Productivity and Costs By Industry: Manufacturing and Mining Industries — 2014


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/


05 March 2015

• U.S. Labor Productivity and Costs— Q4 2014


Nonfarm business sector labor productivity decreased at a 2.2 percent annual rate during the fourth quarter of 2014 as output increased 2.6 percent and hours worked increased 4.9 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the fourth quarter of 2013 to the fourth quarter of 2014, productivity decreased 0.1 percent reflecting increases in output and hours worked of 2.9 percent and 3.0 percent, respectively.

Annual average productivity increased 0.7 percent from 2013 to 2014.

Unit labor costs in the nonfarm business sector increased 4.1 percent in the fourth quarter of 2014, reflecting a 1.9 percent increase in hourly compensation and a 2.2 percent decline in productivity. Unit labor costs increased 2.6 percent over the last four quarters.

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/


05 February 2015

• U.S. Labor Productivity and Costs, Fourth Quarter and Annual Averages — 2014


Nonfarm business sector labor productivity decreased at a 1.8 percent annual rate during the fourth quarter of 2014 , as output increased 3.2 percent and hours worked increased 5.1 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) The increase in hours worked is the largest increase in this series since a gain of 5.7 percent in the fourth quarter of 1998.

From the fourth quarter of 2013 to the fourth quarter of 2014, productivity was unchanged as output and hours worked both increased 3.1 percent.

Annual average productivity increased 0.8 percent from 2013 to 2014.

Unit labor costs in the nonfarm business sector increased 2.7 percent in the fourth quarter of 2014, reflecting a 0.9 percent increase in hourly compensation and a 1.8 percent decline in productivity. Unit labor costs increased 1.9 percent over the last four quarters.

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/


03 December 2014

• U.S. Labor Productivity & Costs [Revised] — Q3 2014


Productivity: Nonfarm business sector labor productivity increased at a 2.3 percent annual rate during the third quarter of 2014, as output increased 4.9 percent and hours worked increased 2.5 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

From the third quarter of 2013 to the third quarter of 2014, productivity rose 1.0 percent as output and hours worked increased 3.1 percent and 2.1 percent, respectively.

Labor Costs: Unit labor costs in the nonfarm business sector fell 1.0 percent in the third quarter of 2014, as a 1.3 percent increase in hourly compensation was smaller than the 2.3 percent gain in productivity. Unit labor costs increased 1.2 percent over the last four quarters.

Slight differences in data are due to rounding

Please visit this link to read the full report: LinkToArticle

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.

© 2014 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


06 November 2014

• U.S. Productivity and Costs – Q3 2014


Nonfarm business sector labor productivity increased at a 2.0 percent annual rate during the third quarter of 2014 , as output increased 4.4 percent and hours worked increased 2.3 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

From the third quarter of 2013 to the third quarter of 2014, productivity rose 0.9 percent as output and hours worked increased 3.0 percent and 2.1 percent, respectively.

Unit labor costs in the nonfarm business sector rose 0.3 percent in the third quarter of 2014, as a 2.3 percent increase in hourly compensation was larger than the 2.0 percent increase in productivity. Unit labor costs increased 2.4 percent over the last four quarters.

Manufacturing sector productivity increased 3.2 percent in the third quarter of 2014, as output increased 4.1 percent and hours worked increased 0.8 percent.

Please visit this link to read the full report: LinkToArticle

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.


04 September 2014

• U.S. Productivity and Unit Labor Costs – Q2 2014


Productivity increased 2.3 percent in the nonfarm business sector in the second quarter of 2014; unit labor costs decreased 0.1 percent (seasonally adjusted annual rates).

In manufacturing, productivity increased 3.3 percent and unit labor costs decreased 1.6 percent.

See the complete report at this link: USDOL-BLS


08 August 2014

• U.S. Productivity and Costs - Q2 2014


Nonfarm business sector labor productivity increased at a 2.5 percent annual rate during the second quarter of 2014 as hours increased 2.7 percent and output increased 5.2 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

From the second quarter of 2013 to the second quarter of 2014, productivity increased 1.2 percent as output and hours worked rose 3.2 percent and 2.0 percent, respectively.

Unit labor costs in nonfarm businesses increased 0.6 percent in the second quarter of 2014, as the 3.1 percent increase in hourly compensation was larger than the increase in productivity. Unit labor costs increased 1.9 percent over the last four quarters.

See the complete report at this link: USDOL-BLS


04 June 2014

• U.S. Productivity and Labor Costs – Q1 2014


Nonfarm business sector labor productivity decreased at a 3.2 percent annual rate during the first quarter of 2014, as hours increased 2.2 percent and output decreased 1.1 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) The decrease in productivity was the largest since the first quarter of 2008 (-3.9 percent). From the first quarter of 2013 to the first quarter of 2014, productivity increased 1.0 percent as output and hours worked rose 2.8 percent and 1.7 percent, respectively.

Unit labor costs in nonfarm businesses increased 5.7 percent in the first quarter of 2014, due to both the decline in productivity and a 2.3 percent increase in hourly compensation. Unit labor costs increased 1.2 percent over the last four quarters.

See the complete report at this link: USDOL-BLS


08 May 2014

• U.S. Productivity and Labor Costs – Q1 2014


Nonfarm business sector labor productivity decreased at a 1.7 percent annual rate during the first quarter of 2014.

The decrease in productivity reflects increases of 0.3 percent in output and 2.0 percent in hours worked. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

From the first quarter of 2013 to the first quarter of 2014, productivity increased 1.4 percent as output and hours worked rose 3.2 percent and 1.7 percent, respectively.

See the complete report at this link: USDOL-BLS