Tag: labour productivity
Labour productivity growth halts in latest quarterly report
The latest productivity bulletin from the Productivity Commission has revealed that labour productivity stagnated in the March quarter, with a 0.1 per cent increase in output matched by a similar rise in hours worked.
Productivity Commission report reveals signs of recovery after COVID-19
Labour productivity has shown signs of recovery for the second consecutive quarter in the December 2023 period, marking a potential return to 'productivity normalcy' post the COVID-19 pandemic's impact.
Australian labour productivity plummets, unveiled in latest report
The Productivity Commission has unveiled a report shedding light on Australia's productivity decline, with labour productivity experiencing a sharp downturn in the 2022-23 period.
Australia’s labour productivity rebounds in Q3, but challenges loom
The Productivity Commission's latest research indicates that Australia's labour productivity, which had been in a prolonged decline, has shown a modest increase of 0.9 per cent in the September 2023 quarter.
Australia’s 4.6% decline in labour productivity driven by pandemic, low unemployment rate
The Productivity Commission’s 2023 Bulletin has revealed that the 4.6 per cent fall in labour productivity for the 12 months to March 2023 is brought about by the unwinding of COVID-19-related effects and historically low unemployment rate.
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
