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Economic News Release
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Table 1. Recent labor productivity, unit labor costs, and related data

Table 1. Recent labor productivity, unit labor costs, and related data
Industry 2017 NAICS code 2023
Employment
(thousands)
Percent change, 2022-2023
Labor productivity Unit labor costs Output Hours
worked
Labor compen-
sation
Hourly compen-
sation

Wholesale trade

42

6,222.4 -1.6 6.4 0.4 2.1 6.8 4.6

Merchant wholesalers, durable goods

423

3,450.3 -3.2 9.2 -1.2 2.0 7.8 5.7

Motor vehicles and parts

4231

387.3 7.1 0.1 8.4 1.2 8.4 7.2

Furniture and furnishings

4232

116.9 -1.7 7.5 -4.9 -3.3 2.3 5.8

Lumber and construction supplies

4233

265.6 -1.6 7.1 -2.0 -0.4 5.0 5.4

Commercial equipment

4234

754.7 -6.7 12.0 -4.3 2.5 7.2 4.5

Metals and minerals

4235

135.5 2.6 5.1 -1.3 -3.8 3.7 7.8

Appliances and electric goods

4236

375.3 -6.9 14.8 -5.6 1.4 8.4 6.8

Hardware and plumbing

4237

315.8 -4.9 14.2 -3.5 1.5 10.2 8.6

Machinery and supplies

4238

764.9 -2.7 9.6 1.0 3.9 10.7 6.6

Miscellaneous durable goods

4239

334.3 -18.0 22.0 -14.1 4.7 4.8 0.0

Merchant wholesalers, nondurable goods

424

2,253.4 -0.6 4.5 1.6 2.2 6.2 3.9

Paper and paper products

4241

116.7 3.6 9.0 -8.0 -11.2 0.3 13.0

Druggists' goods

4242

262.3 6.5 -1.3 8.8 2.2 7.5 5.2

Apparel and piece goods

4243

159.0 -15.8 16.8 -11.6 5.0 3.2 -1.7

Grocery and related products

4244

829.2 -5.2 10.3 -1.9 3.5 8.3 4.6

Farm product raw materials

4245

74.2 6.3 -0.1 4.9 -1.3 4.8 6.2

Chemicals

4246

154.2 -2.2 6.6 -0.3 2.0 6.3 4.3

Petroleum

4247

106.2 4.4 3.3 10.7 6.0 14.3 7.9

Alcoholic beverages

4248

216.7 -9.0 10.0 -5.8 3.4 3.5 0.1

Miscellaneous nondurable goods

4249

334.9 -7.2 8.3 -5.7 1.5 2.1 0.5

Electronic markets and agents and brokers

425

518.7 1.5 -0.9 3.5 1.9 2.6 0.6

Electronic markets and agents and brokers

4251

518.7 1.5 -0.9 3.5 1.9 2.6 0.6

Retail trade

44-45

16,391.5 1.6 0.5 1.6 -0.1 2.1 2.2

Motor vehicle and parts dealers

441

2,095.3 3.1 -4.9 4.0 0.9 -1.1 -2.0

Automobile dealers

4411

1,313.2 3.6 -6.7 4.5 0.9 -2.5 -3.4

Other motor vehicle dealers

4412

180.0 -4.0 -0.4 -2.1 2.0 -2.5 -4.4

Auto parts, accessories, and tire stores

4413

602.1 3.6 1.8 4.4 0.7 6.3 5.5

Furniture and home furnishings stores

442

448.9 0.3 3.4 -7.2 -7.4 -4.0 3.7

Furniture stores

4421

221.1 2.3 1.4 -4.4 -6.5 -3.1 3.7

Home furnishings stores

4422

227.8 -2.4 6.3 -10.6 -8.4 -5.0 3.8

Electronics and appliance stores

443

428.2 10.2 -5.4 5.1 -4.7 -0.6 4.3

Electronics and appliance stores

4431

428.2 10.2 -5.4 5.1 -4.7 -0.6 4.3

Building material and garden supply stores

444

1,441.7 -1.4 5.2 -3.9 -2.6 1.0 3.7

Building material and supplies dealers

4441

1,242.6 -3.1 6.6 -4.9 -1.9 1.3 3.3

Lawn and garden equipment and supplies stores

4442

199.1 9.5 -3.4 2.5 -6.4 -1.0 5.8

Food and beverage stores

445

3,259.7 -0.4 7.2 -1.3 -0.9 5.9 6.8

Grocery stores

4451

2,810.4 0.2 6.7 -1.3 -1.4 5.3 6.9

Specialty food stores

4452

248.1 -8.1 15.0 -3.4 5.1 11.1 5.8

Beer, wine and liquor stores

4453

201.2 -1.0 8.0 -0.6 0.3 7.3 6.9

Health and personal care stores

446

1,100.5 4.7 1.9 3.9 -0.8 5.9 6.8

Health and personal care stores

4461

1,100.5 4.7 1.9 3.9 -0.8 5.9 6.8

Gasoline stations

447

995.5 -7.5 11.9 -4.6 3.2 6.8 3.5

Gasoline stations

4471

995.5 -7.5 11.9 -4.6 3.2 6.8 3.5

Clothing and clothing accessories stores

448

1,173.8 2.1 3.7 0.2 -1.8 3.9 5.8

Clothing stores

4481

859.6 6.3 2.1 4.1 -2.1 6.2 8.5

Shoe stores

4482

175.2 -5.1 7.4 -3.5 1.7 3.6 1.9

Jewelry, luggage, and leather goods stores

4483

139.0 -8.4 9.6 -12.4 -4.3 -3.9 0.4

Sports, hobby, music instruments, book stores

451

611.1 1.4 5.3 -1.0 -2.4 4.3 6.9

Sporting goods and musical instrument stores

4511

540.1 1.6 7.1 -1.0 -2.5 6.0 8.8

Book stores and news dealers

4512

71.0 0.5 -7.1 -1.0 -1.5 -8.0 -6.6

General merchandise stores

452

3,164.5 -5.9 4.4 -2.0 4.1 2.4 -1.7

Department stores

4522

955.0 -7.5 6.7 -5.2 2.5 1.2 -1.2

Other general merchandise stores

4523

2,209.5 -6.0 4.2 -1.4 4.9 2.8 -2.0

Miscellaneous store retailers

453

956.4 3.0 -0.6 4.0 1.0 3.4 2.4

Florists

4531

85.1 -2.4 0.4 8.4 11.0 8.8 -2.0

Office supplies, stationery and gift stores

4532

220.3 -3.7 6.0 -4.8 -1.1 0.9 2.0

Used merchandise stores

4533

244.3 3.3 2.3 3.7 0.3 6.0 5.7

Other miscellaneous store retailers

4539

406.7 5.6 -3.2 6.2 0.6 2.9 2.3

Nonstore retailers

454

715.9 12.3 -8.6 9.3 -2.7 -0.1 2.7

Electronic shopping and mail-order houses

4541

495.5 14.2 -10.2 10.2 -3.5 -1.1 2.5

Vending machine operators

4542

45.0 -16.4 23.6 -10.3 7.3 10.9 3.4

Direct selling establishments

4543

175.4 5.0 0.9 2.2 -2.7 3.1 6.0
Last Modified Date: May 30, 2024