Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty

Labor Department Firms Labor Cost Estimate

WASHINGTON (UPI) — Labor productivity in non-farm businesses fell at a 0.9 percent annual rate during the first quarter, the U.S. Bureau of Labor Statistics said Wednesday.

The 0.9 percent drop in the first three months of 2012 is a revision from a month ago, when the decline was estimated at 0.5 percent.

With current data, productivity from the first quarter of 2011 to the first quarter of this year increased 0.4 percent, a revision from the previous estimate of 0.5 percent.

The decline reflects an increase of 3.3 percent in hours worked, up from 2.2 percent in the previous report, and a 2.4 percent increase in output, down from 2.8 percent in the previous estimate, the Labor Department’s statistical office said in a release.

Bureau data indicated unit labor costs in non-farm businesses rose 1.3 percent in the first quarter compared with the fourth quarter of last year, down from the 2 percent reported a month earlier. Hourly compensation in the quarter increased 0.4 percent, down from a previous estimate of 1.5 percent.

From the first quarter of 2011, unit labor costs rose 0.9 percent.

Manufacturing sector productivity rose by 5.2 percent in the first quarter with output up 10 percent and hours worked up 4.6 percent.


UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Labor Department Firms Labor Cost Estimate”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at


Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.