For short takes read The Economics Daily. Spotlight on Statistics are analyses told through charts and maps. Beyond the Numbers offers research summaries. For more in-depth analysis read the Monthly Labor Review.
In addition, the Commissioner’s Corner provides information on the many other areas in which BLS is involved and highlights our testimony before Congressional committees, public speeches by BLS leadership, awards and recognition, and outstanding new products on the BLS website.
In 2022, labor productivity fell 1.2 percent in wholesale trade, the largest decrease since 2009. Hours worked increased 2.9 percent and output increased 1.6 percent in wholesale trade. In retail trade, productivity fell 0.4 percent in 2022, as output fell 1.3 percent and hours worked decreased 1.0 percent. The declines in productivity were the first since 2011 for wholesale trade and 2008 for retail trade. read more »
The use of faster depreciation rates based on recent evidence from U.S. and Canadian studies resulted in lower estimates of net capital stocks and higher depreciation estimates in BEA’s fixed assets accounts, with minimal effects on total factor productivity growth rates in the BLS accounts. read more »
This Spotlight looks at some short- and long-term state-level trends for labor productivity, output, and hours worked, and labor compensation. read more »
In this Beyond the Numbers article, we review the timeline for the development and implementation of new retail technologies in grocery stores. Then, check out the shifts in products and services offered by grocery stores over time. Using Bureau of Labor Statistics (BLS) data, the article looks at the trends in employment and hours to show how all of these factors influenced labor productivity in grocery stores. read more »