Korea had largest productivity gains in manufacturing in 2000
April 22, 2002
Revised data from BLS show that Korea’s gain in manufacturing labor productivity of 10.7 percent was the highest in 2000 of 13 industrialized countries.
Productivity growth in manufacturing in both Germany and France was 6.2 percent in 2000. Japan registered an increase of 5.7 percent in output per hour. In the United States, manufacturing output per hour grew by 5.5 percent in 2000, the fifth largest increase among the 13 countries.
These data are a product of the BLS Foreign Labor Statistics program. Data are subject to revision. This article updates an item that appeared in The Editor’s Desk last year: "U.S. led in factory productivity gains in 2000". Additional information is available in "International Comparisons of Labor Productivity and Unit Labor Costs in Manufacturing, 2000," BLS Report 962.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Korea had largest productivity gains in manufacturing in 2000 on the Internet at http://www.bls.gov/opub/ted/2002/apr/wk4/art01.htm (visited February 01, 2015).
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