Thursday, September 30, 2004
[IWS] BLS: INTERNATIONAL COMPARISONS OF MANUFACTURING PRODUCTIVITY AND UNIT LABOR COST TRENDS, 2003 [30 September 2004]
IWS Documented News Service
_______________________________
Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
________________________________________________________________________
INTERNATIONAL COMPARISONS OF MANUFACTURING PRODUCTIVITY AND UNIT LABOR COST TRENDS, 2003 [30 September 2004]
http://www.bls.gov/news.release/prod4.nr0.htm
or
http://www.bls.gov/news.release/pdf/prod4.pdf
[full-text, 18 pages]
The increase in U.S. manufacturing productivity in 2003 was the
second highest (+6.8 percent) among the 14 economies compared,
according to the U.S. Department of Labor's Bureau of Labor
Statistics. Korea registered the largest gain (+9.0 percent).
Manufacturing productivity also increased in all the compared
economies, except for Italy. (See chart 1.) In this news release,
data for Australia are included for the first time.
As in 2002, U.S. productivity growth in manufacturing in 2003 was
substantially above its average annual growth rate since 1979. Seven
of the other 12 economies for which comparisons are available also
had productivity growth in 2003 that exceeded their annual average
over the 1979-2003 period. (Average annual growth rates for selected
measures over various time periods are found in tables A and B.)
AND MUCH MORE...including TABLES, CHARTS....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
INTERNATIONAL COMPARISONS OF MANUFACTURING PRODUCTIVITY AND UNIT LABOR COST TRENDS, 2003 [30 September 2004]
http://www.bls.gov/news.release/prod4.nr0.htm
or
http://www.bls.gov/news.release/pdf/prod4.pdf
[full-text, 18 pages]
The increase in U.S. manufacturing productivity in 2003 was the
second highest (+6.8 percent) among the 14 economies compared,
according to the U.S. Department of Labor's Bureau of Labor
Statistics. Korea registered the largest gain (+9.0 percent).
Manufacturing productivity also increased in all the compared
economies, except for Italy. (See chart 1.) In this news release,
data for Australia are included for the first time.
As in 2002, U.S. productivity growth in manufacturing in 2003 was
substantially above its average annual growth rate since 1979. Seven
of the other 12 economies for which comparisons are available also
had productivity growth in 2003 that exceeded their annual average
over the 1979-2003 period. (Average annual growth rates for selected
measures over various time periods are found in tables A and B.)
AND MUCH MORE...including TABLES, CHARTS....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 9:04 AM
