Highlights

Labour productivity: July to Sept 2016

What's in the bulletin?

  • UK labour productivity, as measured by output per hour, is estimated to have grown by 0.4% from Quarter 2 (Apr to June) 2016 to Quarter 3 (July to Sept) 2016; looking over a broader period the “productivity puzzle” remains, with growth on average lower than prior to the downturn.
  • Productivity grew in the services industries but not in the manufacturing industries; services productivity is estimated to have grown by 0.3% on the previous quarter, while manufacturing productivity is estimated to have fallen by 0.2% on the previous quarter.
  • Earnings and other labour costs growth outpaced productivity growth, resulting in unit labour cost (ULC) growth of 2.3% in the year to Quarter 3 2016.
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