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Release: Labour Productivity, Q2 2012

Released: 28 September 2012 Next edition: 03 January 2013

Correction

A production error was discovered in the Labour Productivity, Q2 2012 release, originally published at 9.30am on 28 September 2012. This affects the tables at the end of the PDF version of the Statistical Bulletin. Table 1 (Labour productivity key measures) contained incorrect data for Output per worker. And Table R1 (Revisions analysis) was missing. This error has now been corrected.

Other components of the release including Reference Tables and Time Series data are not affected.

ONS apologises for any inconvenience caused.

Key points

The key points from this release are:
  • UK labour productivity fell by 0.9 per cent in the second quarter of 2012 on an output per hour basis. Market sector productivity fell by 1.5 per cent on this basis, to its lowest level since 2005.

  • Output per hour in the services sector fell by 0.8 per cent in the second quarter.

  • Output per hour in manufacturing fell by 1.5 per cent in the second quarter. Output per hour in the broader production sector fell by 1.3 per cent over this period.

  • Whole economy unit labour costs increased by 0.3 per cent in the second quarter and were 3.2 per cent higher than a year earlier. Manufacturing unit wage costs increased by 4.0 per cent in the second quarter and were 5.7 per cent higher than a year earlier.

Labour productivity statistics in terms of output per worker, output per job and output per hour worked for the whole economy and a range of industries. The release also presents unit labour cost estimates, regional productivity estimates and experimental market sector productivity estimates.

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Content from the Office for National Statistics.
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