Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Productivity gain in first quarter

May 05, 2000

Productivity, as measured by output per hour, increased at a seasonally adjusted annual rate of 2.4 percent in the nonfarm business sector in the first quarter. Output increased 6.0 percent and hours of all persons rose 3.6 percent.

Growth in output per hour of all persons, nonfarm business, seasonally adjusted, 1998 II-2000 I (percent change from previous quarter at annual rate)
[Chart data—TXT]

During the fourth quarter of 1999, productivity had increased 6.9 percent in this sector, reflecting gains of 8.5 percent in output and 1.5 percent in hours.

Unit labor costs rose 1.8 percent in the first quarter, after falling 2.9 percent in the fourth quarter of 1999. Unit labor costs—the cost of the labor input required to produce one unit of output—are computed by dividing labor costs in nominal terms by real output.

These data are a product of the BLS Quarterly Labor Productivityprogram. Data are subject to revision. Additional information is available in "Productivity and Costs, First Quarter 2000," news release USDL 00-125.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity gain in first quarter at https://www.bls.gov/opub/ted/2000/may/wk1/art05.htm (visited March 19, 2024).

OF INTEREST
spotlight
Recent editions of Spotlight on Statistics


triangle