Download Labour productivity: employee vs self

Methodology
•
No direct information is collected on the output of employees or the selfemployed
•
Income approach is used to apportion output, utilising development work from
the sectional unit labour costs system. Income weights are defined as
(COE+GOS)/GDP(Y) for employees, and one minus this for the self-employed
•
These income weights are consistent with those implied in the national
accounts, and are applied to indices of GVA to derive synthetic GVA indices for
employees and the self-employed separately
•
System utilises new hours estimates developed to meet ESA requirements, with
split between employees and the self-employed
•
Estimates are non-seasonally adjusted, and presented as four-quarter moving
averages, based on 2010=100
1
Economic Forum 10 July 2014: self-employment
Index 2010=100
Productivity of Employees and Self-Employed
4 Quarter Moving Average
120
110
100
90
80
Self Employed Output per Hour
(Whole Economy)
70
Employee Output per Hour (Whole
Economy)
60
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2
2014
Economic Forum 10 July 2014: self-employment
Index 2010=100
Productivity of Employees and Self-Employed
4 Quarter Moving Average
110
105
100
95
90
85
80
Self Employed Output per Hour
(Manufacturing)
75
70
Employee Output per Hour
(Manufacturing)
65
60
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
3
Economic Forum 10 July 2014: self-employment
Index 2010=100
Productivity of Employees and Self-Employed
4 Quarter Moving Average
350
Self Employed Output per Hour
(Finance and Insurance)
300
Employee Output per Hour
(Finance and Insurance)
250
200
150
100
50
0
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
4
Economic Forum 10 July 2014: self-employment
Index 2010=100
Productivity of Employees and Self-Employed
4 Quarter Moving Average
120
115
110
105
100
95
90
85
Self Employed Output per Hour
(Construction)
80
Employee Output per Hour
(Construction)
75
70
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
5
Economic Forum 10 July 2014: self-employment
Productivity of Employees and Self-Employed
Index 2010=100
4 Quarter Moving Average
120
115
110
105
100
95
90
Self Employed Output per Hour
(Services)
85
80
Employee Output per Hour
(Services)
75
70
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
6
2014
Economic Forum 10 July 2014: self-employment
Productivity of Employees and Self-Employed
Index 2010=100
4 Quarter Moving Average
110
105
100
95
90
85
Self Employed Output per Hour (Wholesale and retail trade,
Accommodation and Food Services)
80
75
70
1997
Employee Output per Hour (Wholesale and retail trade,
Accommodation and Food Services)
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
7
2014
Economic Forum 10 July 2014: self-employment
Productivity of Employees and Self-Employed
Index 2010=100
4 Quarter Moving Average
140
Employee Output per Hour
(Transport and Storage)
Self Employed Output per
Hour (Transport and Storage)
130
120
110
100
90
80
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
8
2014
Economic Forum 10 July 2014: self-employment
Productivity of Employees and Self-Employed
Index 2010=100
4 Quarter Moving Average
110
100
90
80
70
60
Self Employed Output per Hour
(Information and Communication )
50
Employee Output per Hour (Information
and Communication )
40
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
9
Economic Forum 10 July 2014: self-employment
Index 2010=100
Productivity of Employees and Self-Employed
4 Quarter Moving Average
130
120
110
100
90
Self Employed Output per Hour (Professional, Scientific and
Technical Activites, Administrative and Support Service Activities)
80
Employee Output per Hour (Professional, Scientific and Technical
Activites, Administrative and Support Service Activities)
70
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
10
Economic Forum 10 July 2014: self-employment
Productivity of Employees and Self-Employed
Index 2010=100
4 Quarter Moving Average
120
115
110
105
100
95
90
Self Employed Output per Hour (Public Administration and
Defense, Education, Health and Social Work)
85
Employee Output per Hour (Public Administration and
Defense, Education, Health and Social Work)
80
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
11