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December, 1988, Vol. 111, No. 12

International comparisons of productivity
and unit labor cost trends in manufacturing

Arthur Neef
Chief, Division of Foreign Labor Statistics, Bureau of Labor Statistics

James Thomas
Economist, Division of Foreign Labor Statistics, Bureau of Labor Statistics

U.S. manufacturing competitiveness improved in 1987, as measured by relative changes in unit labor costs, because of good productivity growth, a decline in unit labor costs, and large appreciations in foreign currency values. 

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