Labour productivity in the UK, as measured by output
per hour, fell by 0.5% in the second quarter of 2019 ended June 2019 when
compared with the same quarter of the previous year, according to new data
released by the Office of National Statistics (ONS). This follows two previous
quarters of zero growth.
The data from ONS reports labour productivity estimates for the second quarter of 2019 for the whole economy and a range of industries, together with estimates of unit labour costs. Both services and manufacturing saw a fall in labour productivity growth of -0.8% and -1.9% respectively, compared with the same quarter in the previous year.
The data from ONS reports labour productivity estimates for the second quarter of 2019 for the whole economy and a range of industries, together with estimates of unit labour costs. Both services and manufacturing saw a fall in labour productivity growth of -0.8% and -1.9% respectively, compared with the same quarter in the previous year.
No comments:
Post a Comment