Thursday, October 27, 2005
[IWS] BLS: INTERNATIONAL COMPARISONS OF MANUFACTURING PRODUCTIVITY AND UNIT LABOR COST TRENDS, 2004 [27 October 2005]
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, 2004 [27 October 2005]
http://www.bls.gov/news.release/prod4.toc.htm
or
http://www.bls.gov/news.release/prod4.nr0.htm
or
http://www.bls.gov/news.release/pdf/prod4.pdf
[full-text, 18 pages]
Among fourteen countries under comparison, seven, including the
United States, had manufacturing productivity gains of over 4.5 percent
in 2004, according to the U.S. Department of Labor's Bureau of Labor
Statistics. Korea registered the largest gain (+12.1 percent), followed
by Sweden (+9.3 percent). Manufacturing productivity increased in all
of the compared economies except Italy and Australia. (See chart 1.)
U.S. productivity growth in manufacturing in 2004 was 4.7 percent,
about half the increase of 2003, and less than the average yearly
increases over the last decade. It was greater, however, than the
average annual growth rate since 1979. Six of the other 13 economies
for which comparisons are available also had productivity growth in 2004
that exceeded their annual average increases over the 1979-2004 period.
(Average annual growth rates for selected measures over various time
periods are found in tables A and B.)
AND MUCH MORE...including TABLES....
_____________________________
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, 2004 [27 October 2005]
http://www.bls.gov/news.release/prod4.toc.htm
or
http://www.bls.gov/news.release/prod4.nr0.htm
or
http://www.bls.gov/news.release/pdf/prod4.pdf
[full-text, 18 pages]
Among fourteen countries under comparison, seven, including the
United States, had manufacturing productivity gains of over 4.5 percent
in 2004, according to the U.S. Department of Labor's Bureau of Labor
Statistics. Korea registered the largest gain (+12.1 percent), followed
by Sweden (+9.3 percent). Manufacturing productivity increased in all
of the compared economies except Italy and Australia. (See chart 1.)
U.S. productivity growth in manufacturing in 2004 was 4.7 percent,
about half the increase of 2003, and less than the average yearly
increases over the last decade. It was greater, however, than the
average annual growth rate since 1979. Six of the other 13 economies
for which comparisons are available also had productivity growth in 2004
that exceeded their annual average increases over the 1979-2004 period.
(Average annual growth rates for selected measures over various time
periods are found in tables A and B.)
AND MUCH MORE...including TABLES....
_____________________________
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 : 8:30 AM
