December 28, 2010 (The Editor’s Desk is updated each business day.)
International manufacturing productivity, 2009
In 2009, manufacturing labor productivity decreased in 12 of the 19 economies compared by the Bureau of Labor Statistics.
[Chart data]
Over the 2008–09 period, the United States had the largest productivity increase, 7.7 percent, and Japan had the steepest productivity decline, −11.4 percent.
For the first time, both output and hours in manufacturing declined in all 19 economies compared. In most economies, output declined by more than 10 percent and hours by more than 8 percent.
These data are from the International Labor Comparisons program. To learn more, see "International Comparisons of Manufacturing Productivity and Unit Labor Cost Trends, 2009" (HTML) (PDF), news release USDL-10-1749.
Related TED articles
International Comparisons |
Manufacturing |
Productivity
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