Type:

E-book, Lesson Plan

Description:

The Bureau of Labor Statistics of the U.S. Department of Labor today reported preliminary productivity data -- as measured by output per hour of all persons -- for the third quarter of 2002. The seasonally-adjusted annual rate of productivity growth in the third quarter was 4.0 percent. This figure measures changes in what is described by the Bureau of Labor Statistics as the nonfarm business sector and is the most commonly used measure of changes in productivity.

Subjects:

  • Social Studies > General
  • Social Studies > Economics

Education Levels:

  • Grade 9
  • Grade 10
  • Grade 11
  • Grade 12

Keywords:

Economic Growth - Nominal Gross Domestic Product (GDP) - Per Capita Gross Domestic Product (GDP) - Production - Productivity - Real Gross Domestic Product (GDP)

Language:

English

Access Privileges:

Members

License Deed:

Creative Commons Attribution Non-Commercial

Collections:

None
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