Labor productivity in the manufacturing sector increased at a seasonally adjusted rate of 5.1 percent during the third quarter of 2015—the largest gain recorded since a 6.1 percent increase during the third quarter of 2011, according to the U.S. Bureau of Labor Statistics. Output increased 3.2 percent while hours worked decreased 1.8 percent.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2016-01-14
CTE source: https://ctemag.com/news/feds-report-rise-productivity-predict-workforce-decline/
Legacy path: /feds-report-rise-productivity-predict-workforce-decline