Friday, September 26, 2008
[IWS] BLS: 2007 INTERNATIONAL COMPARISONS OF MANUFACTURING PRODUCTIVITY AND UNIT LABOR COST TRENDS [26 September 2008]
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, 2007 [26 September 2008]
http://www.bls.gov/news.release/prod4.nr0.htm
or
http://www.bls.gov/news.release/pdf/prod4.pdf
[full-text, 16 pages]
Manufacturing labor productivity increased in 2007 in 14 of the 16
economies compared by the U.S. Department of Labor's Bureau of Labor
Statistics. (See chart 1.) The Republic of Korea and Taiwan had the
largest productivity increases of 8.7 percent each, while Germany followed
with an increase of 5.0 percent. The United States productivity increase
of 4.1 percent was the fourth largest among the 16 economies compared.
Italy and Norway both had declines in productivity (-0.5 and -0.2 percent,
respectively).
Over the 2000-2007 period, of the 16 economies studied, only Korea,
Taiwan, and Sweden had greater productivity growth in manufacturing than
the United States. Average annual growth rates for selected measures
over various time periods are shown in tables A and B.
The data presented for the United States differ from those
appearing in BLS Productivity and Costs news releases. (See technical
notes.)
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----------------- 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, 2007 [26 September 2008]
http://www.bls.gov/news.release/prod4.nr0.htm
or
http://www.bls.gov/news.release/pdf/prod4.pdf
[full-text, 16 pages]
Manufacturing labor productivity increased in 2007 in 14 of the 16
economies compared by the U.S. Department of Labor's Bureau of Labor
Statistics. (See chart 1.) The Republic of Korea and Taiwan had the
largest productivity increases of 8.7 percent each, while Germany followed
with an increase of 5.0 percent. The United States productivity increase
of 4.1 percent was the fourth largest among the 16 economies compared.
Italy and Norway both had declines in productivity (-0.5 and -0.2 percent,
respectively).
Over the 2000-2007 period, of the 16 economies studied, only Korea,
Taiwan, and Sweden had greater productivity growth in manufacturing than
the United States. Average annual growth rates for selected measures
over various time periods are shown in tables A and B.
The data presented for the United States differ from those
appearing in BLS Productivity and Costs news releases. (See technical
notes.)
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 : 11:06 AM
