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- Labour productivity in the U.K. falls by 1.2% in the fourth quarter
Labour productivity in the U.K. falls by 1.2% in the fourth quarter
The U.K. Office for National Statistics (ONS) released its labour productivity data on Thursday. Labour productivity in the U.K. measured by output per hour declined by 1.2% in the fourth quarter of 2015, after a 0.6% rise in the third quarter.
Output per worker and output per job were broadly unchanged in the fourth quarter.
Output per hour in services decreased by 0.7% in the fourth quarter, while output per hour in manufacturing dropped by 2.0%.
On a yearly basis, labour productivity increased by 0.4% in the fourth quarter, after a 1.5% in the third quarter.
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