Subscribe Today!
Digital E-Star

Business > Breaking Business News

Breaking Business News  

Posted on Wed, May. 07, 2008 09:49 AM

Productivity up, hours worked down

Productivity in non-farm businesses rose 2.2 percent in the first quarter, largely because of a 1.8 percent decline in hours worked.

The U.S. Department of Labor said Wednesday that output in the non-farm business sector rose 0.4 percent in the January-March quarter, based on preliminary, seasonally adjusted data.

In the overall business sector, which includes agricultural production, output edged up 0.2 percent while work hours fell 1.6 percent, the department said.

The department measures productivity by output per hour of all workers.

The report indicates that employers are controlling costs by controlling payrolls and getting more production out of their workforces per hour worked.

In a separate measure of manufacturing productivity, the department said first-quarter productivity grew 4.1 percent while experiencing a 4.2 percent decline in hours worked and an output decline of 0.3 percent.

Manufacturing productivity was markedly different in the durable good and non-durable goods sectors. Durable goods manufacturing saw an estimated 2.3 percent productivity bump while productivity in non-durable goods manufacturing jumped 7 percent.

| Diane Stafford, stafford@kcstar.com

 

Join the discussion


Share your observations and experiences about news. Lively, open debate is the goal, but please refrain from personal attacks or comments that are racist, vulgar or otherwise inappropriate. If you see an inappropriate comment, please click the "Report as violation" link to notify a KansasCity.com editor. Thanks for your feedback.