Productivity rises in most information-sector industries
September 27, 2004
Productivity, as measured by output per hour, increased in all but one of the information industries in 2002.
In the detailed 4- and 5-digit information industries, the majority of the gains were greater than 4.0 percent. Double-digit productivity growth (11.2 percent) occurred in wireless telecommunications carriers. The one information industry to register a productivity decline was motion picture and video exhibition.
All of the information industries except motion picture and video exhibition saw reductions in unit labor costs. Unit labor costs fell 16.9 percent in wireless telecommunications carriers and 9.7 percent in software publishers.
This information is from the BLS Productivity and Costs Program. Data are subject to revision. Additional information is available from "Productivity and Costs in Selected Service-Providing and Mining Industries, 2002" (PDF) (TXT), news release USDL 04-1061.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity rises in most information-sector industries on the Internet at http://www.bls.gov/opub/ted/2004/jun/wk3/art04.htm (visited September 27, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.