Wednesday, February 12, 2025

The Economics Daily

Bureau of Labor Statistics
The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2025/productivity-up-2-3-percent-in-2024.htm. Highlights are below.

Productivity up 2.3 percent in 2024

02/12/2025

Labor productivity in the nonfarm business sector increased 2.3 percent in 2024, following an increase of 1.6 percent in 2023 and a decrease of 1.5 percent in 2022. The rise in labor productivity in 2024 resulted from a 2.9-percent increase in output combined with a 0.6-percent increase in hours worked.

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