Tuesday, March 29, 2011

[IWS] BLS: PRODUCTIVITY AND COSTS BY INDUSTRY: MANUFACTURING INDUSTRIES, 2009 [23 March 2011]

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
________________________________________________________________________

 

PRODUCTIVITY AND COSTS BY INDUSTRY: MANUFACTURING INDUSTRIES, 2009 [23 March 2011]

http://www.bls.gov/news.release/archives/prin_03232011.htm

or

http://www.bls.gov/news.release/archives/prin_03232011.pdf

[full-text, 8 pages]

 

Labor productivity - defined as output per hour - rose in 28 percent of the 86 detailed manufacturing

industries studied in 2009, the U.S. Bureau of Labor Statistics reported today. This was down from 38

percent of the detailed manufacturing industries in 2008 and 56 percent in 2007. Unit labor costs, which

reflect the total labor costs required to produce a unit of output, declined in 14 percent of the industries

in 2009.

 

Output and hours also rose in fewer industries in 2009 than in the previous two years. Output rose in 7

of the 86 industries in 2009, while hours increased in only 1. Output and hours declined at double-digit

rates in over 7 out of 10 industries studied.

 

Productivity increased the most in seafood product preparation and packaging and in agricultural

chemical manufacturing. In both industries, hours declined while output increased. Productivity fell the

most in audio and video equipment manufacturing, where output declined much more than hours.

 

Industry labor productivity measures are updated as data become available. Productivity measures for

industries in other sectors can be accessed on the BLS Labor Productivity and Costs web site at

www.bls.gov/lpc.

 

Labor productivity increased in only 5 of the 21 3-digit NAICS manufacturing industries in 2009.

Output fell in all but one of these industries, and hours declined in all of them. Unit labor costs fell in 3

of the industries.

 

The industry productivity performance in 2009 contrasts with industry productivity performance over

the longer term. Between 1987 and 2009, labor productivity increased in 93 percent of the detailed

manufacturing industries and unit labor costs declined in 14 percent of the industries. There is a

significantly more negative distribution of productivity growth rates in the most recent year compared to

those for the longer-term period from 1987 to 2009.

 

AND 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                  
****************************************

 

 






<< Home

This page is powered by Blogger. Isn't yours?