Thursday, August 30, 2007
Tweet[IWS] BLS: PRODUCTIVITY & COSTS BY INDUSTRY [28 August 2007]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
PRODUCTIVITY AND COSTS BY INDUSTRY:
WHOLESALE TRADE, RETAIL TRADE, AND FOOD SERVICES AND DRINKING PLACES, 2006 [28 August 2007]
http://www.bls.gov/news.release/prin.nr0.htm
or
http://www.bls.gov/news.release/pdf/prin.pdf
[full-text, 10 pages]
Labor productivity--defined as output per hour--increased in wholesale
trade, retail trade, and food services and drinking places in 2006 as
follows:
4.3 percent in wholesale trade
4.9 percent in retail trade and
2.4 percent in food services and drinking places.
Output grew in each of these sectors in 2006. Hours rose in wholesale
trade and in food services and drinking places, but fell in retail trade.
Productivity advanced in 42 of the 50 industries studied, as output grew
in 40 industries while hours declined in 21 industries. Unit labor costs
fell in half of the detailed industries measured and in the retail trade
sector, but increased in the wholesale trade and food services and
drinking places sectors overall. (See table 1.)
From 1987 to 2006, labor productivity increased at the following average
annual rates:
3.5 percent in wholesale trade
3.4 percent in retail trade and
0.8 percent in food services and drinking places.
Output and hours rose in each of these sectors over the period.
Productivity and output increased in 47 of the 50 detailed industries,
while hours fell in 13 industries. Unit labor costs declined in 18
industries and in the retail trade sector, but rose in the wholesale
trade and food services and drinking places sectors during this period.
(See table 2.)
Measures for industries in other sectors have been published in
separate releases and can be accessed online at:
http://www.bls.gov/schedule/archives/prin_nr.htm.
AND MUCH MORE...including TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
PRODUCTIVITY AND COSTS BY INDUSTRY:
WHOLESALE TRADE, RETAIL TRADE, AND FOOD SERVICES AND DRINKING PLACES, 2006 [28 August 2007]
http://www.bls.gov/news.release/prin.nr0.htm
or
http://www.bls.gov/news.release/pdf/prin.pdf
[full-text, 10 pages]
trade, retail trade, and food services and drinking places in 2006 as
follows:
4.3 percent in wholesale trade
4.9 percent in retail trade and
2.4 percent in food services and drinking places.
Output grew in each of these sectors in 2006. Hours rose in wholesale
trade and in food services and drinking places, but fell in retail trade.
Productivity advanced in 42 of the 50 industries studied, as output grew
in 40 industries while hours declined in 21 industries. Unit labor costs
fell in half of the detailed industries measured and in the retail trade
sector, but increased in the wholesale trade and food services and
drinking places sectors overall. (See table 1.)
annual rates:
3.5 percent in wholesale trade
3.4 percent in retail trade and
0.8 percent in food services and drinking places.
Output and hours rose in each of these sectors over the period.
Productivity and output increased in 47 of the 50 detailed industries,
while hours fell in 13 industries. Unit labor costs declined in 18
industries and in the retail trade sector, but rose in the wholesale
trade and food services and drinking places sectors during this period.
(See table 2.)
Measures for industries in other sectors have been published in
separate releases and can be accessed online at:
http://www.bls.gov/schedule/archives/prin_nr.htm.
AND MUCH MORE...including TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 8:47 AM
