Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Sharp drop in mining productivity

July 14, 2006

Output per hour in the mining sector fell 7.7 percent between 2003 and 2004.

Annual percent change in output per hour for the mining sector and selected component industries, 2003-04
[Chart data—TXT]

Only one of four detailed mining industries registered productivity growth. Productivity rose 4.1 percent in nonmetallic mineral mining and quarrying.

In the oil and gas extraction industry, productivity declined 13.7 percent.

Unit labor costs, which reflect the total labor costs required to produce a unit of output, increased 12.4 percent in 2004 in the mining sector as a whole. Growth in unit labor costs was especially strong in the oil and gas extraction industry, rising 16.4 percent.

This information is from the BLS Productivity and Costs Program. Additional information is available from "Productivity and Costs by Industry: Selected Service-Providing and Mining Industries, 2004" (PDF) (TXT), news release USDL 06-1201.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Sharp drop in mining productivity at https://www.bls.gov/opub/ted/2006/jul/wk2/art05.htm (visited March 28, 2024).

OF INTEREST
spotlight
Recent editions of Spotlight on Statistics


triangle