Productivity figure revised upward
September 07, 2000
Productivity in the nonfarm business sector, as measured by output per hour, was revised upward from 5.3 to 5.7 percent at a seasonally adjusted annual rate during the second quarter of 2000. Productivity rose at a 1.9 percent rate in the first quarter.
Output in nonfarm business rose 6.1 percent in the second quarter, after increasing 5.2 percent during the first quarter of 2000. Hours of all persons working in the sector gained 0.4 percent in the second quarter. The increase in hours was the smallest since the first quarter of 1996, when hours decreased by 0.1 percent.
These data are a product of the BLS Quarterly Labor Productivity program. Data are subject to revision. Additional information is available in Productivity and Costs, Second Quarter, 2000 (revised)news release USDL 00-253.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity figure revised upward on the Internet at http://www.bls.gov/opub/ted/2000/sept/wk1/art03.htm (visited May 01, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.