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service sector productivity finally starting to rise 6 jan 17

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Jan 17: Service sector productivity up The “productivity puzzle” describes how productivity - output per hour - has remained stubbornly below trend as the economy recovers. In part this is due to the rise of low value service sector jobs. But in the last year even in this sector productivity has started to rise a little, although manufacturing has proved volatile. (Source ONS productivity data released 6 January 2017) www.kittyussher.net

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Page 1: Service sector productivity finally starting to rise 6 jan 17

UK economywatch 6 Jan 17: Service sector productivity up

The “productivity puzzle” describes how productivity - output per hour - has remained stubbornly below trend as the economy recovers. In part this is due to the rise of low value service sector jobs.

But in the last year even in this sector productivity has started to rise a little, although manufacturing has proved volatile.

(Source ONS productivity data released 6 January 2017)www.kittyussher.net

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