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 Originally Published May 08, 2008
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Productivity in first quarter 2008
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Productivity—as measured by output per hour of all persons—increased 2.2 percent in the nonfarm business sector in the first quarter of 2008 as output rose 0.4 percent and hours of all persons fell 1.8 percent (seasonally adjusted annual rates).

Growth in output per hour of all persons, nonfarm business, seasonally adjusted, 2006 I - 2008 I (percent change from previous quarter at annual rate)
[Chart data—TXT]

The decrease in hours was the largest since the first quarter of 2003, when hours fell 2.3 percent, and followed a 1.6-percent decline in the previous quarter.

These data are from the BLS Productivity and Costs program. Data are subject to revision. For more information, see “Productivity and Costs, First Quarter 2008, Preliminary,” news release USDL 08-0618.

 

40 Best of The Editor's Desk is now available in print! This publication features 40 of the best The Editor's Desk (TED) articles from 2006. To obtain a free copy, you can send email to ted@bls.gov with your mailing address included in your request; or mail a request to the Office of Publications and Special Studies, U.S. Department of Labor, Bureau of Labor Statistics, Washington, D.C., 20212; or call 202-691-5200.

 

 

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Last Updated: May 09, 2008