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Selected Service-Providing Industries, 2024 — 2025-06-26

Labor productivity rose in 20 of 31 selected service-providing industries in 2024, the U.S. Bureau of Labor Statistics reported today. Output rose…

자료 보관함 · 2025-06-26

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Labor productivity rose in 20 of 31 selected service-providing industries in 2024, the U.S. Bureau of Labor Statistics reported today. Output rose in 21 industries in 2024 while hours worked increased in 13 industries. Productivity ranged from a 9.6-percent decline in amusement parks and arcades to a 9.1- percent growth in travel arrangement and reservation services. Unit labor costs increased in 25 of 31 selected industries in 2024. Radio and television broadcasting had the highest increase in unit labor costs (+16.5 percent). The ten largest industries by number of workers represent 79.9 percent of all workers in the selected service-providing industries covered by this news release. Among these ten industries, productivity growth was greatest in general freight trucking, long-distance (+6.9 percent) after rising slightly in 2023. Automotive repair and maintenance posted the steepest productivity decline (-6.1 percent). � Eleven industries had simultaneous growth in output and declines in hours worked.

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