Productivity growth in information-sector industries
August 29, 2005
Productivity, as measured by output per hour, rose in 2003 in all of the information industries studied.
Wireless telecommunications carriers and software publishers boosted productivity by 13.1 percent and 13.0 percent, respectively. Gains in the other industries ranged from 1.9 to 5.3 percent.
Two of the eight information industries also reduced unit labor costs. Software publishers reduced unit labor costs 4.0 percent and cable and other program distribution reduced such costs by 1.4 percent.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity growth in information-sector industries on the Internet at http://www.bls.gov/opub/ted/2005/aug/wk5/art01.htm (visited December 01, 2015).
Recent editions of Spotlight on Statistics
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.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.