August 29, 2005 (The Editor’s Desk is updated each business day.)
Productivity growth in information-sector industries
Productivity, as measured by output per hour, rose in 2003 in all of the
information industries studied.
[Chart data—TXT]
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.
This information is from the BLS Productivity and Costs
Program. Additional information is available from "Productivity and Costs by Industry,
2003" (PDF) (TXT),
news release USDL 05-1599.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
.
Read more »
|