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News & Document Library Document Library PAYdata Document Library - Pay, Benefits & Reward The Economy Labour Market
Labour Market
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Latest Labour Market Stats from the Office for National Statistics.
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Latest Labour Market Stats from the Office for National Statistics.
You can subscribe to our mailing list to receive PAYstats & key national statistics by email each month.
If you would like to receive instant updates when new stats are added to our website you can follow us on Twitter or add us to you network on Linkedin.
A quarterly bulletin from the Office of National Statistics, covering labour productivity for the fourth quarter of 2011. Labour productivity measures the amount of real (inflation adjusted) economic output that is produced by a unit of labour input (in terms of workers, jobs and hours worked) and is a key indicator of economic performance.
Key Points
- UK labour productivity fell by 0.7 per cent in the fourth quarter of 2011 on an output per hour basis. Market sector productivity fell by 1.0 per cent on this basis.
- Productivity of the service sector fell by 1.0 per cent in the fourth quarter.
- Manufacturing productivity rose by 0.7 per cent to a record level in the fourth quarter. Productivity in the broader production sector fell by 0.3 per cent.
- UK unit labour costs increased by 1.2 per cent in Q4. Manufacturing unit wage costs fell by 0.2 per cent over this period.
You can subscribe to our mailing list to receive PAYstats & key national statistics by email each month.
If you would like to receive instant updates when new stats are added to our website you can follow us on Twitter or add us to you network on Linkedin.
Latest Labour Market Stats from the Office for National Statistics.
You can subscribe to our mailing list to receive PAYstats & key national statistics by email each month.
If you would like to receive instant updates when new stats are added to our website you can follow us on Twitter or add us to you network on Linkedin.
Disclaimer:
Whilst we endeavour to ensure that the information on this website is correct, we do not guarantee its completeness or accuracy.