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Service-Providing Industries

About the Service-Providing Industries supersector group

The service-providing industries supersector group consists of these supersectors and sectors:

Trade, Transportation, and Utilities
- Wholesale Trade (NAICS 42)
- Retail Trade (NAICS 44-45)
- Transportation and Warehousing (NAICS 48-49)
- Utilities (NAICS 22)
Information
- Information (NAICS 51)
Financial Activities
- Finance and Insurance (NAICS 52)
- Real Estate and Rental and Leasing (NAICS 53)
Professional and Business Services
- Professional, Scientific, and Technical Services (NAICS 54)
- Management of Companies and Enterprises (NAICS 55)
- Administrative and Support and Waste Management and Remediation Services (NAICS 56)
Education and Health Services
- Educational Services (NAICS 61)
- Health Care and Social Assistance (NAICS 62)
Leisure and Hospitality
- Arts, Entertainment, and Recreation (NAICS 71)
- Accommodation and Food Services (NAICS 72)
Other Services (except Public Administration)
- Other Services (except Public Administration) (NAICS 81)
Government

(All other industries are part of the Goods-Producing Industries supersector group.)

Workforce Statistics

This section provides information relating to employment in service-providing industries. These data are obtained from employer or establishment surveys. The following tables present an overview of the industry including the number of jobs, gross job gains and losses, and projections of occupational employment change.

Employment


Data series	May 2024	Jun. 2024	Jul. 2024	Aug. 2024
Employment (in thousands)
Employment, all employees (seasonally adjusted)	136,620	136,736	(p)136,805	(p)136,937
Footnotes (p) Preliminary

(Source: Current Employment Statistics)

Dynamic Changes in Employment


Data series	4th quarter 2022	1st quarter 2023	2nd quarter 2023	3rd quarter 2023
Dynamic changes in employment (in thousands)
Gross job gains	(1)6,767	(1)6,698	(1)6,770	(1)6,345
Gross job losses	(1)6,342	(1)5,854	(1)6,470	(1)6,439
Footnotes (1) Total private includes unclassified sector, not shown separately

(Source: Business Employment Dynamics)

Projections

For projected (future) employment estimates in service-providing industries, see the Employment and projected employment by major industry sector table.

(Source: Office of Occupational Statistics and Employment Projections)

Earnings and Hours

This section contains information on the average cost of benefits paid by employers, as well as recent rates of change in wages and total compensation.

Employer Compensation Costs


Data series	4th quarter 2022	1st quarter 2023	2nd quarter 2023	3rd quarter 2023
12-month percent change
Total compensation	5.2%	5.0%	4.5%	4.4%
Wages and salaries	5.2%	5.0%	4.6%	4.5%

(Source: Compensation Cost Trends)


Data series	Back data	3rd quarter 2023
Data series	Back data	Compensation component ($ per hour worked)	Percent of total compensation
Compensation costs
Total compensation		40.95	100.0
Wages and salaries		29.19	71.3
Total benefits		11.76	28.7
Insurance		2.88	7.0
Retirement		1.30	3.2

(Source: Compensation Cost Trends)

Work-related Injuries and Illnesses

This section presents data for the industry on rates of workplace injuries and illnesses per 100 full-time workers in service-providing industries. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition. Information on fatal work-related injuries can be found at www.bls.gov/iif.


Data series	2020
Rate of injury and illness cases per 100 full-time workers
Total recordable cases	2.7
Cases involving days away from work, job restriction, or transfer	1.7
Cases involving days away from work	1.2
Cases involving days of job transfer or restriction	0.5
Blank cells indicate no data reported or data that do not meet publication criteria.

(Source: Injuries, Illnesses, and Fatalities)

Workplace Trends

This section presents data on the number of establishments and the number of establishments experiencing job gains or job losses in service-providing industries.

Establishments


Data series	2nd quarter 2023	3rd quarter 2023	4th quarter 2023	1st quarter 2024
Number of establishments
Private industry	10,021,997	10,126,882	10,226,047	(p)10,373,258
Local government	167,336	167,510	167,670	(p)167,792
State government	70,155	70,399	70,362	(p)70,304
Federal government	61,035	61,521	61,525	(p)61,581
Establishments with changes in employment (in thousands)
With job gains (seasonally adjusted)	(1)1,946	(1)1,845
With job losses (seasonally adjusted)	(1)1,892	(1)1,905
Footnotes (1) Total private includes unclassified sector, not shown separately (p) Preliminary

(Source: Business Employment Dynamics, Quarterly Census of Employment and Wages)

Data extracted on: December 06, 2024