April 20, 2007
Labor productivity—defined as output per hour—rose in 2005 in 88 percent of the detailed manufacturing industries studied by the Bureau of Labor Statistics.
Output (the production of manufactured goods) rose in 83 percent of the industries, while hours fell in 65 percent of the industries.
The share of industries with productivity increases over a longer period was even greater. From 1987 to 2005, labor productivity increased in all but one manufacturing industry. Output rose in 80 percent of the industries, while hours fell in 80 percent.
This information is from the BLS Productivity and Costs Program. Additional information is available from "Productivity and Costs by Industry: Manufacturing, 2005," (PDF) (TXT), news release USDL 07-0561.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity in manufacturing industries, 2005 on the Internet at http://www.bls.gov/opub/ted/2007/apr/wk3/art05.htm (visited May 05, 2016).
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.