Productivity in the U.S. in the second quarter of 2009 increased by 6,6 percent in annual terms, which is a record in the third quarter of 2003. This is stated in the officialpress release, U.S. Department of Labor.
Earlier in the Ministry of Labor reported that productivity in the second quarter rose only 6.3 per cent, but now the estimate has been revised. Analysts polled by Reuters, believed that the figure will increase by 6,4 percent.
The sharp increase in labor productivity has not led to increased production in the country, as many companies cut staffing in the crisis. Since December 2007, the U.S. has been reduced more than six million jobs. In the second quarter of 2009, production in the United States declined by 5,5 percent in annual terms.
Productivity - a measure that determines how much each worker produces the company, including those not directly engaged in production, over a certain period of time - usually an hour or day. In statistics, U.S. Department of Labor does not take into account the productivity of agricultural workers.
The U.S. economy since December 2007 is in a recession. Her attack is calculated for a number of indicators, including the fall of GDP, higher unemployment and lower wages. When the U.S. goes out of recession, is still unknown.
