Full text of The Employment Situation : March 1974
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EWS V U. S. DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS USDL - 74-166 FOR RELEASE: Transmission Embargo 10:00 A. M. (EDT) Friday, April 5, 1974 Washington, D. C. 20212 J. Bregger (202) 961-2633 961-2531 961-2141 K. Hoyle (202) 961-2913 home: 333-1284 THE EMPLOYMENT SITUATION: MARCH 1974 Employment and unemployment were about unchanged in March, it was announced today by the Bureau of Labor Statistics of the U. S. Department of Labor. The Nation1 s unemployment rate, at 5.1 percent, was essentially the same as in the preceding 2 months, after rising during the October 1973-January 1974 period. Total employment (as measured by the monthly sample survey of households) was 85. 9 million in March, showing little change for the second eonsecutive month. Nonfarm payroll employment (as measured by the monthly survey of business establishments) moved down slightly, with most of the decline occurring in the durable goods industries. Both of these employment indicators have shewn relatively little movement since last fall, after rising rapidly over most of the 1972-73 period. Unemployment Both the level and rate of unemployment were about unchanged in March, marking the second straight month they have shown little or no ehange. At 4. 6 million, the number of unemployed persons was 530, 000 above the level of October 1973, when joblessness reached a 3-1/2 year low. The jobless rate was 5. 1 percent, compared to 5. 2 percent in January and February; the March figure was half a percentage point above the October level and about equal to the year ago rate (5. 0 percent) This month's release introduces additional detail ifl. the household data tables (the n A n tables) . Also introduced for the first time i s a quarterly presentation of the job situation for persons of Spanish origin, including comparisons with white and black workers. This information will appear regularly in the March, June, September, and December r e l e a s e s . The j o b l e s s situation for m o s t of the m a j o r labor f o r c e c a t e g o r i e s w a s a l s o l i t t l e c h a n g e d in M a r c h . (See table A - 2 . ) The u n e m p l o y m e n t r a t e s of h o u s e h o l d h e a d s ( 3 . 0 p e r c e n t ) - a n d m a r r i e d m e n ( 2 . 4 percent) , a s w e l l a s t h o s e of adult m a l e s ( 3 . 4 p e r c e n t ) , adult f e m a l e s (5. 0 p e r c e n t ) , and t e e n a g e r s (15. 0 p e r c e n t ) showed little or no change f o r the s e c o n d s t r a i g h t month. 4. 6 and 9. 4 p e r c e n t , R a t e s for white and N e g r o w o r k e r s , at r e s p e c t i v e l y , have b e e n e s s e n t i a l l y unchanged s i n c e January. Table A. Hifhlkfhts of the emoioyweiit situation (seaeonatly adjusted data) Qutmriy evaraaei Selected categories [ 1974 1973 Civilian 1 sbor force Total employment Adult women I II in 87.6 83.2 47.5 28.6 7.1 4.4 88.5 84.1 47.7 29.2 7.2 4.3 89.0 84.8 48.1 29.5 7.2 I 4.2 Jan. 1974 Feb. 1974 Mar. 1974 1 90.5 85.8 48.7 29.5 7.6 4.7 90.6 85.8 48.5 29.7 7.6 4.8 90.5 85.9 48.4 29.9 7.6 4.6 5.2 5.2 3.5 3.4 5.1 5.2 15.3 15.6 4.7 4.7 9.4 9.4 3.0 3.0 2.4 2.3 4.6 1 4.7 3.2 | 3.0 5.2 3.5 5.1 15.3 4.7 9.2 3.0 2.4 4.7 3.2 5.1 3.4 5.0 15.0 4 6 9.4 3.0 2.4 4.6 3.3 9.6 9 4 1 I IV (Millions of persons) 89.9 85.7 48.5 29.7 7.5 4.2 Monthly data 90.5 85.8 48.5 29.7 1 7*6 1 4.7 (Percent of labor force) Unemployment rates: All workers j Adult women White Negro and other races State insured • 5.0 3.4 5.0 14.7 4.5 9.0 3.0 2.4 4.6 2.8 4.9 3.3 4.8 14.7 4.4 9.0 2.9 2.3 4.3 2.7 4.7 3.1 4.8 14.3 4.2 * 9.0 2.7 2.1 4.2 . 2.7 4.7 3.0 4.7 14.3 4.2 8.6 2.8 2.1 4.3 2.7 (Weeks) Average duration of 10.6 9.9 9.7 9.9 : 9.5 (Millions of persons) 74.6 23.7 50.9 75.3 24.0 51.3 75.7 24.2 51.6 76.6 76.7p 76.5 24.2p ! 24.4 24.3 ; 52.1 1 52.4p 1 52.2 (Hours of work) 76.7p 24.2p 52.5p 76.6p 24. lp 52.5p 37.1 40.7 3.8 37.2 40.7 3.9 37.1 40.7 3.8 36.8p 37.0 36.7 40.6 40.2 40.3p 3.4 3.7 3.5p | (1967-100) 36.9p 40.5p ^3.5p 36.8p 40.3p 3.5p 142.7 110.8 145.0 110.3 151.7 1110.0 152.4p 107.5p 153.lp NA 9.4 Average weekly hours: Manufacturing Hourly Earnings Index, private nonfarm: In current dollars p- preliminary, N.A.- not availaWa. 147.8 150.4 109.3 152.4p NA J ;108.4 SOURCE: Tablas A-1. A-3. A-4, B-l, B-2, and B-4. -3- The unemployment rate for Vietnam-era veterans 20 to 34 years old (5. 1 percent) held about steady for the second consecutive month. However, this rate was up from levels prevailing in late 1973 and was about the same as a year earlier. The rate for the younger (20-24) , more recently discharged veterans, atT 9. 0 percent, was more than double the r a t e s for the older, growing majority of veterans--4. 3 percent for the 25-29 year-olds and 2. 8 percent for those 30-34. The unemployment rate for workers covered by £tate unemployment insurance programs inched up to 3. 3 percent in March. This marked the third consecutive monthly rise in this rate, which had remained at or very near the 2. 7-percent level throughout 1973. The composition of the unemployed in terms of the reasons for their joblessn e s s has remained stable since January. (See table A - 5 . ) All of the 530, 000 increase in unemployment that has occurred since October 1973, however, has been accounted for by job l o s s . Over this period, the number of workers receiving unemployment benefits under State programs has risen by 430, 000, indicating that most of the persons added to unemployment rolls were compensated for at least part of their lost wages. The average duration 6f unemployment, at 9. 4 weeks, was about the same in March as in the previous 3 months. dropped by 1. 2 weeks. Since March a year ago, average duration has (See table A - 4 . ) Civilian Labor Force and Total Employment The civilian labor force, at 90. 5 million in March, was about unchanged for the second month in a row. expanded by 2. 3 million. Since March 1973, however, the civilian labor force has (See table A - l . ) Total employment, at 85. 9 million, was also little changed for the second straight month. In fact, after rising rapidly for 2 years, total employment has shown relatively little growth since last October. Although white-collar employment has continued to expand at a strong pace, rising by more than 800, 000 over the OctoberMarch period, this growth has been largely offset by a decline in blue-collar jobs. The blue-collar decrease has taken place entirely among operatives and is in part a reflection of the layoffs in the auto industry. The number of persons working part time because of economic reasons (such as material shortages or slack work) fell by 210, 000 in March to 2. 5 million, reversing the upward trend evident since the fall of 1973. (See table A - 3 . ) -4- Industry Payroll Employment Nonagricultural payroll employment declined slightly (125, 000) in March from an upwardly revised February figure of 76. 8 million (seasonally adjusted). This reduction stemmed from a curtailment of 150, 000 jobs in the goods-producing industries, two-thirds of it in durable goods manufacturing. (See table B - l . ) Within manufacturing, the transportation equipment industry experienced heavy job l o s s e s for the third straight month, than 50, 000. The total decline in March was more Employment in the industry--which in addition to automobiles produces airplanes, water craft, recreational vehicles, and the like--has declined by 200, 000 since last November. March employment was also down in primary and fabricated metals industries and in electrical machinery (due partly to labor disputes in that industry) . Jobs in other goods-producing industries--contract construction and mining--declined by a total of 40, 000 over the month. Employment remained about unchanged in the service-producing industries in March, but this followed an unusually sharp gain of 240, 000 in the previous month. Since January, the strongest employment growth has taken place in retail trade, services, and State and local government. Hours of Work The average workweek of production or nonsupervisory workers on private nonagricultural payrolls edged down 0.1 hour from its February level to 36. 8 hours, seasonally adjusted. earlier. The workweek was three-tenths of an hour below March a year In manufacturing, the average workweek fell by 0, 2 hour in March to 40. 3 hours and was 0. 6 hour below its year-ago level. Average overtime in manufacturing was unchanged at 3* 5 hours but had declined by 0. 4 hour since March 1973. (See table B - 2 . ) Hourly and Weekly Earnings Average hourly earnings of production or nonsupervisory workers on nonagricultural payrolls rose at a seasonally adjusted rate of 0. 5 percent in March. March 1973, hourly earnings have risen by 6. 6 percent. r o s e by 0. 2 percent in March. Since Average weekly earnings Over the past year, weekly earnings have increased by 5. 7 percent. Before adjustment for seasonality, average hourly earnings rose by 1 cent in March to $4. 05. (See table B - 3 . ) increased by 25 cents. Weekly earnings averaged $148. 23 in March, up 77 cents from February and $8. 01 since March 1973. Since March a year ago, hourly earnings have -5- The Hourly Earnings Index The Hourly Earnings Index--earnings adjusted for overtime in manufacturing, seasonality, and the effects of changes in the proportion of workers in high-wage and low-wage industries--was 153.1 (1967 = 100) in March, 0. 5 percent higher than in February. (See table B-4. ) The Index was 6. 8 percent above March a year ago. All industries recorded gains over the past 12 months, ranging from 6. 6 percent in the services and transportation and public utilities industries to 9. 2 percent in mining. During the 12-month period ended in February, the Hourly Earnings Index in dollars of constant purchasing power declined 2. 8 percent. Quarterly Labor Force Developments The Nation* s labor force which has been expanding rapidly since mid-1971 rose by 640, 000 in the first quarter of 1974 to 90. 5 million. This followed a rise of 930, 000 in the previous quarter. The first quarter expansion in the labor force substantially exceeded the rise in employment, and the jobless rate therefore increased sharply--from 4. 7 percent in the fourth quarter of 1973 to 5. 2 percent in the first quarter. In contrast, over the 1972-73 period employment growth had equaled or exceeded labor force gains, bringing the jobless rate steadily downward from a first quarter 1972 high of 5. 9 percent. Details of these developments plus a new section on the status of persons of Spanish origin follow. Labor Force, Employment, and Unemployment The labor force gain in the first quarter reflected the normal growth of the working age population and a further increase in the participation rate, which edged up to 61. 3 percent, the highest in over 2 decades. Among the major a g e - s e x groups, participation rates rose slightly for adult women (from 44. 6 to 44. 8) and teenagers (from 55. 4 to 56. 1 percent) but remained unchanged for adult men (81. 4 percent) . Total employment rose by 170, 000 in the first quarter, a much slower pace than it had shown since mid-1971. At 85. 8 million, the employment level was equiva- lent to 58.1 percent of the civilian noninstitutional population 16 years and over, down slightly from the previous quarter. This ratio of employment to the population had been rising steadily since the second quarter of 1971. (See table A-7.) The number of unemployed persons rose by 470, 000 to 4. 7 million in the first quarter, and the overall jobless rate moved from 4. 7 to 5. 2 percent, the largest quarter-to-quarter rise since the third quarter of 1970. The increase in joblessness -6- was experienced by all three major a g e - s e x groups, whose rates returned to levels prevailing in late 1972. Negro-White Differences The Negro labor force rose by 140, 000 or 1. 4 percent in the first quarter, while the white labor force rose by a l e s s e r degree, 0. 6 percent. These labor force gains, however, exceeded the employment expansion for both groups, with a resultant increase in the Negro jobless rate from 8. 6 to 9. 3 percent, while the rate for whites moved up from 4. 2 to 4. 7 percent. rates at 2. 0 to 1. These developments held the ratio of their jobless This relationship has generally held at 2 to 1 or more since the Korean War period, except for a narrowing during the 1969-71 cyclical downturn and initial stages of recovery. Among persons not in the labor force, the proportion expressing some desire to be working "now" (although not currently seeking jobs) has also averaged at least twice as large for Negroes as for whites. for whites in the first quarter of 1974. It was 20 percent for Negroes and 8 percent Within this category, about 160, 000 Negroes and 530, 000 whites were not looking for jobs because of discouragement over job prospects. the M Thus, Negroes continue to be disproportionately represented among discouraged" as well as among the unemployed. Persons of Spanish Origin As announced on April 3 (USDL 74-124) , regular publication of statistics on the employment status of persons of Spanish origin begins with this issue of the Employment Situation and will continue quarterly here and in the monthly BL.S periodical, Employment and Earnings. These data, which are now being tabulated from the Current Population Survey and are not adjusted for seasonality, refer to persons who identified themselves as being of Spanish origin. out regard to color. These data are tabulated with- For a description of the self-identification method of determining the Spanish origin population and a few of the other major technical aspects of the data collection, see "Employment and Unemployment Among Americans of Spanish Origin" (based on 1973 annual average data) , which will appear in the April 1974 issue of the Monthly Labor Review. The Spanish origin civilian labor force averaged 3. 6 million during the first quarter of 1974. These workers accounted for 4 percent of the Nation' s labor force, in line with their proportion of the population. Their overall labor force participation rate, at 59. 2 percent, was about equal to the rate for black workers but somewhat lower than that for whites. (See table B. ) -7Tatfie fi. Employment status of the civilian population of Spanish origin and color, by sex and 3ge, first quarter 1974 averages not seasonally adjusted (Numbers in thousands) Employment status Total White 147,604 89,387 60.6 84,420 3,271 81,149 4,968 5.6 58,217 130,562 79,242 60.7 75,236 3,005 72,231 4,006 5.1 51,320 Negro Spanish origin TOTAL Civilian noninstitutional population... Civilian labor force.. Percent of population • Employment. ••• •• Agriculture. # Nonagricultural industries.•*•••• Unemployment.* • * • Unemployment rate • Not in labor force.«••• 15,017 8,880 59.1 8,006 214 7,792 874 9.8 6,137 6,148 3,640 59.2 3,333 229 3,104 307 8.4 2,508 Data relate to Negro workers only, who account for 89 percent of the Negro and other races population. 2 Data on persons of Spanish origin are tabulated separately, without regard to race/color, which means that they are also included in the data for white and Negro workers. According to the 1970 Census, approximately 98- percent of their population is white. An a v e r a g e of 3, 3 m i l l i o n p e r s o n s of Spanish o r i g i n w a s e m p l o y e d during the quarter, over. 54. 2 p e r c e n t of t h e i r c i v i l i a n noninstitutional population 16 y e a r s of age and T h i s r a t i o of e m p l o y m e n t to p o p u l a t i o n w a s w e l l b e l o w that for w h i t e s (58. 0 p e r c e n t ) but l i t t l e d i f f e r e n t f r o m that of N e g r o e s (55. 7 percent) . During the J a n u a r y - M a r c h p e r i o d , w e r e unemployed. s o m e 310, 000 w o r k e r s of S p a n i s h o r i g i n At 8. 4 p e r c e n t , t h e i r j o b l e s s r a t e w a s s u b s t a n t i a l l y above the 5. 1 - p e r c e n t r a t e for w h i t e w o r k e r s , but a bit b e l o w the 9* 8 - p e r c e n t r a t e for black workers. The r a t i o of S p a n i s h - t o - w h i t e u n e m p l o y m e n t r a t e s of 1. 6 to 1 i n d i c a t e s that, r e l a t i v e to the s i z e of t h e i r r e s p e c t i v e l a b o r f o r c e s , for e v e r y 10 white w o r k e r s u n e m p l o y e d t h e r e w e r e 16 j o b l e s s w o r k e r s of S p a n i s h o r i g i n . This release presents and analyzes statistics from two major surveys. Data on labor force, total employment, and unemployment are derived from the sample survey of households conducted and tabulated by the Bureau of the Census for the Bureau of Labor Statistics. Statistics on payroll employment, hours, and earnings are collected by State agencies from payroll records of employers and are tabulated by the Bureau of Labor Statistics. A description of the two surveys appears iri the BLS publication Employment and Earnings. Table A - 1 . Employment status of the noninstitutional population [Numbers in thousands] Not seasonally adjusted Employment status Mar. 1973 Feb. 1974 Seasonally adjusted Mar. 1974 Mar. 1973 Nov. 1973 Dec. 1973 Jan. 1974 Feb. 1974 TOTAL Total noninstitutional population 1 , Total labor force Civilian noninstitutional population 1 , Civilian labor force Employed Agriculture -Nonagricultural industries Unemployed Unemployment rate Not in labor force 147,541 89,686 145,181 87,326 82,814 3,131 79,683 4,512 5.2 57,855 149,857 91,692 147,599 89,434 84,294 3,283 81,011 5,140 5.7 58,165 150,066 91,884 147,816 89,633 84v878 3,334 81,544 4,755 5.3 58,183 147,541 90,523 145,181 88,162 83,782 3,469 80,313 4,380 5.0 57,019 149,208 92,186 146,924 89,903 85,649 3,561 82,088 4,254 4.7 57,021 149,436 92,315 147,155 90,033 85,669 3,643 82,026 4,364 4.8 57,121 149,656 92,801 147,398 90,543 85,811 3,794 82,017 4,732 5.2 56,855 149,857 92,814 147,599 90,556 85,803 3,852 81,951 4,753 5.2 57,043 ,551 ,131 ,617 ,198 ,267 ,388 ,879 ,931 3.9 ,420 63,536 51,772 61,709 49,945 47,754 2,483 45,271 2,191 4.4 11,764 63,622 51,752 61,801 49,931 47,962 2,503 45,459 1,969 3.9 11,870 62,551 51,307 60,617 49,373 47,694 2,524 45,170 1,679 3.4 11,244 63,225 51,791 61,359 49,926 48,425 2,544 45,881 1,501 3.0 11,434 63,355 51,931 61,510 50,085 48,559 2,569 45,990 1,526 3.0 11,424 63,455 52,197 61,628 50,371 48,660 2,687 45,973 1,711 3.4 11,258 63,536 52,139 61,709 50,312 48,529 2,708 45,821 1,783 3.5 11,397 68,908 30,482 29,004 457 28,547 1,477 4.8 38,427 69,937 31,512 29,823 479 29,343 1,689 5.4 38,426 70,035 31,650 30,089 493 29,596 1,561 4.9 38,385 68,908 30,330 28,834 568 28,266 1,496 4.9 38,578 69,701 31,183 29,704 550 29,154 1,479 4.7 38,518 69,781 31,169 29,596 595 29,001 1,573 5.0 38,612 69,840 31,133 29,519 628 28,891 1,614 5.2 38,707 69,937 31,329 29,722 641 29,081 1,607 5.1 38,608 15,655 7,647 6,543 286 6,257 1,104 14.4 8,008 15,952 7,977 6,717 320 6,397 1,260 15.8 7,976 15,981 8,052 6,826 338 6,488 1,226 15.2 7,928 15,655 8,459 7,254 377 6,877 1,205 14.2 7,196 15,864 8,794 7,520 467 7,053 1,274 14.5 7,070 15,864 8,779 7,514 479 7,035 1,265 14.4 7,085 15,930 9,039 7,632 479 7,153 1,407 15.6 6,891 15,952 8,915 7,552 503 7,049 1,363 15.3 7,037 128,632 77,451 73,825 3,626 4.7 51,181 130,555 79,301 75,137 4,164 5.3 51,255 130,739 79,483 75,675 3,808 4.8 51,256 128,632 78,104 74,634 3,470 4.4 50,528 130,086 79,673 76,339 3,334 4.2 50,413 130,197 79,704 76,223 3,481 4.4 50,493 130,393 80,089 76,328 3,761 4.7 50,304 130,555 80,122 76,354 3,768 4.7 50,433 16,549 9,876 8,989 887 9.0 6,675 17,044 10,133 9,157 976 9.6 6,911 17,077 10,150 9,203 948 9.3 6,927 16,549 10,006 9,109 897 9.0 6,543 16,839 10,210 9,299 911 8.9 6,629 16,958 10,300 9,412 888 8.6 6,658 17,005 10,499 9,513 986 9.4 6,506 17,044 10,340 9,390 950 9.2 6,704 Males, 20 years and over Total noninstitutional population l Total labor force Civilian noninstitutional population 1 Civilian labor force Employed Agriculture Nonagricultural industries Unemployed Unemployment rate Not in labor force Females, 20 years and over Civilian noninstitutional population 1 Civilian labor force Employed Agriculture Nonagricultural industries Unemployed Unemployment rate Not in labor force Both sexes, 16-19 years Civilian noninstitutional population 1 Civilian labor force Employed Agriculture Nonagricultural industries Unemployed Unemployment rate Not in labor force WHITE Civilian noninstitutional population 1 Civilian labor force Employed Unemployed .» Unemployment rate Not in labor force NEGRO ANO OTHER RACES Civilian noninstitutional population 1 Civilian labor force Employed Unemployed '. Unemployment rate Not in labor force 1 Seasonal variations are not present in the population figures; therefore, identical numbers appear in the unadjusted and seasonally adjusted columns. N O T E : Data relate t o the noninstitutional population 16 years of age and over. Total noninstitutional population and total labor force include persons in the Armed Forces. Table A-2. Major unemployment indicators, seasonally adjusted Number of Unemployment rates unemployed persons (In thousands) Selected categories Total, 16 years and over Males, 20 years and over Females, 20 years and over . Both sexes, 16-19 years White, total Males, 2 0 years and over Females, 2 0 years and over Both sexes, 16-19 years Negro and other races, total Males, 2 0 years and over Females, 2 0 years and over Both sexes, 16*19 years Household heads Married men, spouse present Full-time workers Part-time workers Unemployed 15 weeks and over 1 State insured 2 Mar. 1973 Mar. 1974 Mar. 1973 Nov. 1973 Dec. 1973 Jan. 1974 Feb. 1974 4,380 1,679 1,496 1,205 4,633 1,712 1,582 1,339 5.0 3.4 4.9 14.2 4.7 3.0 4.7 14.5 4.8 3.0 5.0 14.4 5.2 3.4 5.2 15.6 5, 3, 5. 15. 3,470 1,376 1,153 941 3,665 1,366 1,284 1,015 4.4 3.1 4.4 12.5 4.2 2.7 4.1 12.7 4.4 2.9 4.4 12.8 4.7 3.1 4, 13, 4, 3. 4, 13, 897 304 335 258 966 351 291 324 9.0 6.0 8.2 29.3 8.9 5.5 8.7 29.1 8.6 4.9 8.7 28.7 9, 5. 9, 29, 9.2 6.6 7.9 29.2 1,522 980 3,388 976 869 1,604 1,558 943 3,560 1,056 815 2,099 2.8 2.1 4.3 7.3 .9 2.7 5.2 2.8 2.2 4.4 7.5 .8 2.7 5.4 1,209 269 103 201 636 1,712 444 874 394 718 76 1,224 239 134 216 635 1,937 438 1,060 439 721 92 3,153 386 967 536 431 140 849 791 371 93 3,368 382 1,122 637 485 136 932 780 405 121 283 147 106 30 290 115 141 34 675 382 196 97 738 459 161 118 Labor force time lost 3 3.0 2.3 4.7 8.2 .8 3.0 5.7 3.0 2.4 4.7 8.4 .9c 3.2 5.7 3.2 2.5 1.7 4.0 4.5 6.0 3.8 7.0 8.4 5.5 1.9 3.2 2.0 1.8 4.2 4, 5 6, 1 3, 9 6, 8 9, 3 6.1 2.1 OCCUPATION4 White-collar workers Professional and technical Managers and administrators, except farm . . . Sales workers Clerical workers Blue-collar workers Craft and kindred workers Operatives Nonfarm laborers Service workers Farm workers INDUSTRY 2.4 4 Nonagricultural private wage and salary workers 9 Construction Manufacturing Durable goods Nondurable goods Transportation and public utilities Wholesale and retail trade Finance and service industries Government workers Agricultural wage and salary workers 5.4 4.5 2.7 7.1 ,4 9 ,3 ,1 .7 ,1 ,0 ,9 8 ,7c V E T E R A N STATUS Males, Vietnam-era veterans 6 : 2 0 t o 3 4 years 2 0 t o 24 years , % 2 5 to 29 years 3 0 t o 3 4 years ,.,.. 5.0 10.0 3.8 2.7 Males, nonveterans: 2 0 to 3 4 years , 2 0 t o 24 years 2 5 t o 2 9 years , 3 0 to 3 4 years ,. 2.8 Unemployment rate calculated as a percent of civilian labor force. Insured unemployment under State programs.; unemployment rate calculated as a percent of average covered employment. Man-hours lost by the unemployed and persons on part time for economic reasons as a percent of potentially available tabor force man-hours. Unemptoyment by occupation includes all experienced unemployed persons, whereas that by industry covers only unemployed wage and salary workers. Includes mining, not shown separately. Vietnam-era veterans are those who served after August 4 , 1 9 6 4 . c • corrected. Table A-3. Selected employment indicators [In thousands] " Selected categories Males Seasonally adjusted Not seasonally adjusted Mar. Mar. 1974 1973 Mar. 1973 Nov. 1973 Dec. 1973 82,814 50,891 31,923 49,407 38,624 18,983 84,878 51,678 33,200 50,503 38,752 19,446 83,782 51,761 32,021 49,616 38,882 18,888 85,649 5,2584 33,065 50,385 39,237 19,462 85,669 52,732 32,937 50,565 39,252 19,334 40,122 11,833 8,446 5,361 14,482 28,859 10,933 14,027 3,899 11,064 2,768 41,704 12,444 8,893 5,391. 14,977 29,007 11,371 13,546 4,089 11,249 2,917 40,161 11,653 8,493 5,430 14,585 29,602 11,155 14,196 4,251 10,945 3,030 41,205 11,980 8,989 5,425 14,811 30,075 11,403 14,414 4,258 11,230 3,102 1,068 1,703 360 1,257 1,749 329 1,223 1,780 446 73,710 1,525 13,706 58,479 5,412 562 75,606 1,416 14,224 59,966 5,362 574 76,400 63,117 2,063 967 1,096 11,220 78,196 64,240 2,388 1,261 1,127 11,568 Jan. | 1974 Feb. 1974 Mar. 1974 85,811 52,910 32,901 50,807 39,394 19,147 85,803 52,716 33,087 50,825 39,268 19,224 85,863 52,556 33,307 50,706 39,025 19,349 41,138 12,030 9,099 5,254 14,755 30,101 11,357 14,303 4,441 11,260 3,123 41,399 12,068 9,186 5,386 14,759 30,212 11,444 14,187 4,581 11,098 3,326 41,375 12,350 9,031 5,408 14,586 29,760 11,337 13,990 4,433 11,177 3,380 41,743 12,260 8,938 5,462 15,083 29,773 11,603 13,711 4,459 11,136 3,204 1,340 1,790 420 1,353 1,821 405 1,493 1,887 392 1,469 1,919 429 1,440 1,828 408 74,334 1,512 13,516 59,306 5,414 j 509 76,123 1,508 13,690 60,925 5,409 528 76,100 1,542 13,668 1 60,890 5,455 473 75,984 1,438 13,590 60,956 5,399 466 | 76,031 1,505 13.844 60.682 5,458 461 76,231 1,403 14,028 60,800 5,362 520 75,235 62,866 2,213 958 1,255 10,156 77,252 64,128 2,405 1,143 1,262 10,719 1 76,801 63,847 2,586 1,213 1,373 10,368 77.164 63,911 2,754 1,381 j 1,373 10,499 76,993 63,984 2,540 1,249 1,291 10,469 OCCUPATION MAJOR INDUSTRY AND CLASS OF WORKER Agriculture: Nonagricultural industries: 1 PERSONS AT WORK1 Usually work part time ,, t , , , , , 1 77,396 64,038 2,562 1,192 1,370 10,796 Excludes persons " w i t h a job but not at w o r k " during the survey period for such reasons as vacation, illness, or industrial disputes. Table A-4. Duration of unemployment Not seasonally adjusted Weeks of unemployment Seasonally adjusted Mar. 1973 Mar. 1974 Mar. 1973 Nov. 1973 Dec. 1973 Jan. 1974 Feb. 1974 Mar. 1974 1,862 1,529 1,121 680 441 2,117 1,588 1,051 682 369 2,168 1,337 869 496 373 2,243 1,235 820 469 351 2,308 1,270 740 409 331 2,466 1,437 768 440 328 2,427 1,426 830 505 325 2,464 1,388 815 503 312 12.0 10.8 10.5 10.0 9.3 9.4 9.6 9.4 100.0 41.3 33.9 24.8 15.1 9.8 100.0 44.5 33.4 22.1 14.3 7.8 100.0 49.6 30.6 19.9 11,3 8.5 100.0 52.2 28.7 19.1 10.9 8,2 100.0 53.5 29.4 17.1 9.5 7.7 100.0 52.8 30.8 16.4 9.4 7.0 100.0 51.8 30.5 17.7 10.8 6.9 PERCENT DISTRIBUTION 100.0 52.8 29.7 17.5 10.8 1 6.7 Table A-5. Reasons for unemployment [Numbers in thousands] Seasonally adjusted Not seasonally adjusted Reason Mar. 1973 Mar. 1974 Mar. 1973 Nov. 1973 Dec. 1973 Jan. 1974 1,975 675 1,299 563 2,335 712 1,193 516 1,710 701 1,291 689 1,664 783 1,227 590 1,761 765 1,266 593 100.0 43.8 15.0 28.8 12.5 100.0 49.1 15.0 25.1 10.8 100.0 38.9 16.0 . 29.4 15.7 100.0 39.0 18.4 28.8 13.8 2.3 .8 1.5 .6 2.6 .8 1.3 .6 1.9 .9 1.4 .7 i Feb. 1974 Mar. 1974 2,006 731 1,252 682 2,052 750 1,240 630 2,022 739 1,186 632 100.0 40.2 17.4 28.9 13.5 100.0 42.9 15.6 26.8 14.6 100.0 43.9 16.1 26.5 13.5 100.0 44.2 16.1 25.9 13.8 2.0 .8 1.4 .7 2.2 .8 1.4 .8 2.3 .8 1.4 .7 2.2 .8 1.3 .7 NUMBER OF UNEMPLOYED Reentered labor force PERCENT DISTRIBUTION UNEMPLOYED AS A PERCENT OF THE CIVILIAN LABOR FORCE 1.9 .8 1.5 .8 Table A-6. Unemployment by sex and age Not seasonally adjusted Thousands of persons Mar. 1973 Mar. 1974 4,512 1,104 558 546 1,010 2,397 1,976 423 4,755 1,226 618 607 1,065 2,465 2,037 428 77.3 50.2 29.0 71.8 87.9 86.1 88.4 75,0 5.0 14.2 17.3 12.1 7.9 3.2 3.4 2.7 4.7 14.5 17.2 12.5 7.2 3.0 3.1 2.7 4.8 14.4 16.7 12.9 7.7 3.1 3.3 2.6 5.2 15.6 19.4 13.3 8.5 3.2 3.4 2.8 5.2 15.3 17.9 12.9 8.6 3.3 3.5 2.9 5.1 15.0 18.4 12.7 8.1 3.3 3.4 2.7 2,531 600 336 264 561 1,369 1,128 242 2,634 665 353 312 601 1,368 1,121 247 81.7 48.7 32,3 67.3 92.0 93.3 96.5 78.9 4.3 13.4 17.1 10.7 7.5 2.7 2.8 2.3 4.0 14.3 17.2 12.1 6.6 2.4 2.3 2.6 4.0 13.6 16.3 11.9 6.7 2.4 2.5 2.4 4.4 14.1 18.8 11.2 7.9 2.7 2.7 2.6 4.5 14.6 18.0 11.6 8.3 2.8 2.7 2.9 4.4 14.4 17.6 12.1 7.9 2.7 2.7 2.4 1,981 504 222 282 449 1,028 848 181 2,121 561 265 296 464 1,097 916 181 71.7 51.9 24.5 76.4 82.5 77.1 78.5 69.6 6.1 15.2 17.7 13.6 8.4 4.1 4.3 3.4 5.9 14.8 17.2 13.1 7.9 4.1 4.4 2.7 6.2 15.4 17.2 14.0 8.9 4.2 4.6 2.8 6.6 6.4 17.3 16.2 20.1 17.8 15.6 14.4 ' 9.0 9.3 4.3 4.2 1 4.8 4.6 2.9 3.1 6.2 15.8 19.3 13.4 8.4 4.2 4.5 3.4 Sex and age 20 to 24 years 20 to 24 years Seasonally adjusted unemployment rates Percent looking for full-time work war. 1974 Mar. 1973 Nov. 1973 Dec. 1973 Jan. 1974 Feb. 1974 Mar. 1974 j Table A~7. Employment status of the civilian noninstitutional population, seasonally adjusted quarterly averages [Number in thousands] 1974 1973 1972 Characteristic . I IV I II II* 144,943 87,625 60.5 83,210 57.4 4,415 5.0 57,318 145,606 88,451 60.7 84,107 57.8 4,344 4.9 57,155 146,266 88,968 60.8 84,755 57.9 4,213 4.7 57,298 146,931 89,896 61.2 85,656 58.3 4,240 4.7 57,035 147,604 90,532 61.3 85,826 58.1 4,706 5.2 57,072 60,213 49,091. 81.5 47,315 78.6 1,776 3.6 11,122 60,518 49,210 81.3 47,535 78.5 1,675 3.4 11,308 60,797 49,371 81.2 47,727 78.5 1,644 3.3 11,426 61,078 49,594 81.2 48,072 78.7 1,522 3.1 11,484 61,380 49,977 81.4 48,472 79.0 1,505 3.0 11,403 61,713 50,258 81.4 48,523 78.6 1,735 3.5 11,455 68,232 29,882 43.8 28,237 41.4 1,645 5.5 38,350 68,529 29,882 43.6 28,329 41.3 1,553 5.2 38,647 68,815 30,133 43.8 28,614 41.6 1,519 5.0 38,682 69,095 30,629 44.3 29,173 42.2 1,456 4.8 38,466 69,392 30,984 44.7 29,494 42.5 1,490 4.8 38,408 69,738 31,132 44.6 29,654 42.5 1,478 4.7 38,606 69,937 31,320 44.8 29,719 42.5 1,601 5.1 38,617 15,489 8,017 51.8 6,727 43.4 1,290 16.1 7,472 15,539 8,176 52.6 6,911 44.5 1,265 15.5 7,363 15,609 8,282 53.1 7,061 45.2 1,221 14.7 7,327 15,715 8,451 53.8 7,207 45.9 1,244 14.7 7,264 15,796 8,390 53.1 7,189 45.5 1,201 14.3 7,406 15,857 8,787 55.4 7,530 47.5 1,257 14.3 7,070 15,954 8,954 56.1 7,584 47.5 1,370 15.3 7,000 126,534 76,316 ! 60.3 72,309 57.1 4,007 5.3 50,218 127,091 127,650 76,759 77,276 60.4 60.5 73,399 72,772 57.5 57.3 3,877 3,987 5.0 5.2 | 50,332" 50,374 128,159 77,459 60.4 73,810 57.6 3,649 4.7 50,700 128,621 77,792 60.5 74,270 57.7 3,522 4.5 50,829 128,986 78,510 60.9 75,062 58.2 3,448 4.4 50,476 129,538 78,856 60.9 75,559 58.3 3,297 4.2 50,682 130,064 79,648 61.2 76,287 58.7 3,361 4.2 50,416 130,562 80,125 61.4 76,393 58.5 3,731 4.7 50,437 15,810 9,50J 60.1 8,484 53.7 1,016 10.7 6,310 16,025 15,915 9,587 9,545 59.8 60.0 8,646 8,624 54.0 54.2 941 1 921 1 9.8 ! 9,6 6,438 6,370 16,122 9,690 60.1 8,733 54.2 957 9.9 6,432 16,321 9,820 60.2 8,940 54.8 880 9.0 6,501 16,620 9,946 59.8 9,047 54.4 899 9.0 6,674 16,728 10,105 60.4 9,191 54.9 914 9.0 6,623 16,866 10,232 60.7 9,348 55.4 884 8.6 6,634 17,042 10,376 60.9 9,409 55.2 967 9.3 6,666 I II III IV 142,344 85,841 60.3 80,807 56.8 5,034 5.9 56,503 143,006 86,295 60.3 81,393 56.9 4,902 5.7 56,711 143,674 86,858 60.5 82,040 57.1 4,818 5.5 56,816 144,281 87,149 60.4 82,555 57.2 4,594 5.3 57,132 59,331 48,437 81.6 46,409 78.2 2,028 4.2 10,894 59,662 48,700 81.6 46,704 78.3 1,996 4.1 10,962 59,953 48,959 81.7 47,076 78.5 1,883 3.8 10,994 67,676 29,444 43.5 27,855 41.2 1,589 5.4 38,232 67,932 29,637 43.6 27,987 41.2 1,650 5.6 38,295 15,337 7,960 51.9 6,543 42.7 1,417 17.8 7,377 15,412 7,958 51.6 6,702 43.5 1,256 15.8 7,454 TOTAL Males, 20 years and over Females, 20 years and over Both sexes, 16-19 years ! i WHITE NEGRO AND OTHER RACES Because seasonality, by definition, does not exist in population figures, these figures are not seasonally adjusted. Table A-8. Persons not in labor force, by whether they want jobs, current activity, and reasons for not seeking work, seasonally adjusted quarterly averages [Numbers in thousands] 1972 1973 Characteristic II III IV II III IV TOTAL 56,503 56,711 56,817 57,132 57,317 57,155 57,298 57,034 51,934 6,301 4,238 32,305 6,564 2,526 52,132 6,166 4,225 32,388 6,679 2,674 52,473 6,454 4,307 32,416 6,733 2,563 52,761 6,269 4,483 32,406 6,792 2,811 53,183 6,333 4,258 32,601 7,050 2,941 52,183 5,760 4,520 31,862 7,282 2,759 52,733 6,221 4,807 31,837 7,221 2,647 53,170 6,047 4,698 32,322 7,100 3,003 4,503 1,269 579 1,101 828 621 207 726 4,361 1,102 604 1,054 806 540 266 795 4,301 1,118 637 1,114 716 500 216 716 4,664 1,254 723 1,111 729 504 225 847 4,355 1,284 540 976 630 444 186 925 4,752 1,266 640 1,109 787 587 200 950 4,314 1,111 609 1,117 633 447 186 844 4,335 1,131 692 956 687 493 194 869 14,034 14,122 14,164 14,349 14,532 14,489 14,615 14,599 12,678 12,794 12,878 12,954 13,151 12,990 13,285 13,211 1,356 632 257 261 206 1,328 577 274 253 224 1,286 595 266 198 227 1,395 630 286 242 237 1,381 698 234 216 233 1,499 649 333 261 256 1,330 609 279 200 242 1,388 608 261 234 285 42,408 42,325 42,629 43,086 43,009 42,397 42,461 42,929 39,256 39,338 39,595 39,807 40,032 39,193 39,448 39,959 3,152 637 322 1,085 567 541 2,987 525 330 1,016 553 563 3,034 523 371 1,092 518 530 3,279 624 437 1,090 487 641 2,977 586 306 959 414 712 3,204 617 307 1,073 526 681 3,013 502 330 1,100 433 648 2,970 523 431 934 453 629 50,113 50,282 50,383 50,842 50,851 50,371 50,721 50,524 46,663 46,903 47,001 47,250 47,367 46,696 47,512 47,196 3,450 990 408 796 620 636 3,379 885 406 815 586 687 3,382 910 455 817 562 638 3,592 961 543 841 542 705 3,484 976 414 797 488 809 3,675 981 501 896 496 801 3,209 825 421 836 469 658 3,328 879 454 739 551 705 6,345 6,306 6,431 6,490 6,508 6,624 6,611 6,675 Do not want job now 5,290 5,337 5,475 5,356 5,656 5,568 5,515 5,642 Want a job now Reason not looking: School attendance . . Ill health, disability . Home responsibilities, Think cannot get job , Other reasons 1,055 246 169 287 236 117 969 228 189 257 170 125 956 211 183 289 167 106 1,134 294 193 281 199 167 852 272 122 175 152 131 1,056 317 129 237 234 139 1,096 267 190 272 174 193 1,033 257 246 228 144 158 Total not in labor force Do not want job now Current activity: Going to school Ill, disabled Keeping house Retired Other ' Want a job now Reason not looking: School attendance . . , III health, disability .. Home responsibilities Think cannot get job . Job-market factors Personal factors ., Other reasons MALES Total not in labor force Do not want job now Want a job now Reason not looking: School attendance . . , III health, disability ., Think cannot get job . Other reasons1 FEMALES Total not in labor force , Do not want job now Want a job now Reason not looking: School attendance . . , III health, disability ., Home responsibilities, Think cannot get job , Other reasons WHITE Total not in labor force , Do not want job now Want a job now , Reason not looking: School attendance . . , III health, disability ., Home responsibilities Think cannot get job Other reasons , NEGRO AND OTHER RACES Total not in labor force 1 Includes small number of men not looking for work because of home responsibilities, Digitized for NOTE: FRASER Detail may not add to totals due to independent seasonal adjustment. Table B-1. Employees on nonagricaltural payrolls* by industry [In thousands] Industry Mar. 1973 Jan. 1974 Feb. 1974 p Mar. 1974 1 Seasonally adjusted Change from Mar. 1973 Feb. 1974 Jan. 1974 Feb. 1974 P Mar. 1974 p 76,533 76,773 76,648 24,296 24,294 24, 143 74,255 75,620 75,754 75,963 1,708 23,413 23,740 23,686 23,688 275 598 642 643 640 42 -3 654 658 653 3,294 3,280 3,317 3,391 97 74 3,636 3,744 3,710 Production workers 19,521 14,345 19,818 14,513 19,726 14,415 19.657 14,361 136 16 -69 -54 20,006 14,682 19.892 14,557 19.780 14,469 DURABLE GOODS Production workers 11,431 8.397 11,699 8,557 11,614 8,469 11,547 8,419 116 22 -67 -50 11,774 8,624 11,676 8,520 11,580 8,448 195.7 616.9 513.7 672.1 1,287.4 1,430.2 2,002.1 1,947.0 1,855.7 482.3 427.8 192.6 626.5 526.8 682.6 1,333.9 1,458.3 2,129.1 2,047.3 1,763.3 514. 1 424.8 189.6 629.2 520.2 682.4 1,324.8 1,441.4 2, 134.2 2,036.9 1,709.6 517.9 427.9 187.7 633.5 520.3 690.3 1,319.7 1,433.4 2,143.5 2,005,0 1,665.4 517.3 431.2 -8 16 6, 18 32 3.2 141.4 58.0 -190.3 35.0 3.4 -1.9 4.3 .1 7. -5. -8. 9. -31. -44. 192 645 527 704 1,343 1,466 2,133 2051 1,753 516 444 190 646 522 704 1,327 1,450 2,121 2043 1,710 520 443 189 647 523 706 1,312 1,439 2,131 2015 1,657 519 442 8,090 5,948 8,119 5,956 8,112 5,946 8,110 5,942 20 -6 -2 -4 8,232 6,058 8,216 6,037 8,200 6,021 670.9 69.9 022.0 359.0 709.5 093.8 016.2 182.5 671.7 294.5 1,689.1 75.4 1,026, 1,295, 724 1,103 1,037, 187, 689.3 290.1 1,675.5 73.1 1,020.7 1,309.4 723.2 1,107, 1,037, 188, 685 290 1,677.6 70.9 1,016.6 1,301.9 723.7 1,105.0 1,044.2 189.8 687.7 292.2 6.7 1.0 -5.4 -57.1 14.2 11, 28, 7, 16, -2, 2.1 -2.2 -4.1 -7.5 .5 -2.5 6.9 1.7 1.8 1.3 1,754 76 1,029 1,315 729 1,106 1,046 193 693 291 1,753 76 1,024 1,308 729 1,109 1,044 193 689 291 1,755 77 1,018 1,293 729 1,105 1,046 193 690 294 50,842 51,880 52,068 52,275 1,433 207 52,237 52,479 52,505 4,539 4,618 4,613 4,628 89 15 4,684 4,688 4,670 15,880 16,290 16,112 16,167 287 55 16,417 16,456 16,467 3,989 11,891 4,155 12,135 4,139 11,973 4,142 12,025 153 134 3 52 4,184 12,233 4,189 12,267 4,184 12,283 4,000 4,072 4,089 4,098 98 9 4,109 4,126 4,123 SERVICES 12,627 12,913 13,060 13,136 509 76 13,136 13,219 13,229 GOVERNMENT 13,796 13,987 14,194 14,246 450 52 13,891 13,990 14,016 2,623 11,173 2,642 11,345 2,659 11,535 2,662 11,584 39 411 3 2,658 11,233 2,670. 11,320 2,670 11,346 TOTAL GOODS-PRODUCING MINING CONTRACT CONSTRUCTION MANUFACTURING Ordnance and accessories Lumber and wood produces Furniture and fixtures Stone, clay, and glass products . . Primary metal industries Fabricated metal products Machinery, except electrical . . . . Electrical equipment . * * . * * . . . Transportation equipment Instruments and related products . Miscellaneous manufacturing. . . . NONDURABLE GOODS * • • Production worker* Food and kindred products Tobacco manufactures . . . . . . . . Textile mill products Apparel and other textile products Paper and allied products Printing and publishing . . . . . . . Chemicals and allied products * . . Petroleum and coal products . . . . Rubber and plastics products, nee Leather and leather products . . . . SERVICE-PRODUCING TRANSPORTATION AND PUBLIC UTILITIES WHOLESALE AND RETAIL TRADE. WHOLESALE TRADE RETAIL TRADE FINANCE, INSURANCE, AND REAL ESTATE FEDERAL STATE AND LOCAL p = preliminary. 209 49 Table B-2. Average weekly hours of production or nohsupervisory workers 1 on private nonagricultural payrolls* by industry Seasonally adjusted Change from Jan. 1974 Feb. 1974 P 36.9 36.4 36.5 36.6 -0.3 MINING 41.4 42.3 42.6 40.7 -.7 CONTRACT CONSTRUCTION 36.6 34.9 36.3 MANUFACTURING %k/7rtime hours 40.8 3.7 40.0 3.3 DURABLE GOODS Overtime hours 41.6 4.0 42.6 Mar. 1973 Industry Jan. 1974 Feb. 1974 P Mar. 1974 p 0. 1 36.7 36.9 36.8 -1.9 42.6 43.2 41.2 36.8 36.2 37.6 37.2 40.1 3.3 40.2 3.3 40.3 3.4 40.5 3.5 40.3 3.5 40.5 3.4 40.7 3.4 40.9 3.5 -.7 -.5 .2 .1 40.8 3.5 41. 1 3.6 40.9 3.6 41.8 39.5 39, 39, 40, 38 42. 1 40. 1 38.8 41. 1 41.4 40.8 42.4 39.6 40. 1 40.6 38.7 43.3 40. 3 39.0 41.2 41.6 41.0 42. 6 39. 8 40.4 40.6 39.0 .7 -.6 -1 3 .9 ,7 ,5 3 8 ,6 1.2 .2 .2 .1 .2 .2 .2 .2 .3 41.9 40.4 39.8 41.6 41.8 41.0 42.3 39.6 40.0 40.6 38.3 42. 1 40.7 39.6 41.9 41.4 41.3 42.5 40.1 40.6 40.9 39.0 43.1 40.4 39.3 41.4 41.4 41.2 42.3 39.8 40.4 40.6 39.0 39.6 3.3 39.2 3.2 39.2 3.1 39.3 3.1 .1 39.6 3.4 39.6 3.3 39.5 3.3 39.7 37.4 41.2 36.3 42.8 38.0 42.0 41.4 41.3 37.6 40.5 38.9 40.2 34.7 42.6 37.2 41.7 41.8 40.2 37.6 40. 35. 42. 37. 41. 42. 40. 38. 40.8 39.5 40.6 35.2 42.8 37.7 41.8 42.5 40.6 37.2 40.8 38.9 40. 35. 42. 37. 40. 37. 40.1 37.8 40.3 35.5 42.2 37.2 41.7 41.9 40.6 37.7 40.9 37.8 40.7 39.0 40.3 35.5 42.4 37.3 41.9 42.6 40.7 38.3 TRANSPORTATION AND PUBLIC UTILITIES 40.2 40.4 40.2 40.3 .1 40.8 40.3 40.5 WHOLESALE AND RETAIL TRADE. 34.5 33.9 33.9 33.9 -.6 34.3 34.4 34.2 39.6 32.9 38.9 32.3 38.7 32.3 38.7 32.3 -.9 -.6 39.1 32.8 38.9 32.9 38.8 32.8 FINANCE, INSURANCE, AND REAL ESTATE 37.0 36.9 37.0 36.9 36.9 37.0 36.9 SERVICES 33.9 33.8 33.9 33.9 34,0 34.1 34.0 TOTAL PRIVATE Ordnance and accessories* . * . . Lumber and wood products . . . . Furniture and fixtures . . . . . . . Stone, clay, and glass products . Primary metal industries Fabricated metal products Machinery, except electrical . . . Electrical equipment Transportation equipment Instruments and related products Miscellaneous manufacturing . . . NONDURABLE GOODS Overtime hours *• Food and kindred products Tobacco manufactures .• Textile mill p r o d u c t s . . . . . ' . . . . Apparel and other textile products Paper and allied products Printing and publishing Chemicals and allied products. . . Petroleum and coal products Rubber and plastics products, nee Leather and leather products. . . . WHOLESALE TRADE RETAIL TRADE 40.9 40.3 42.1 42.3 41.5 42.9 40.6 42.0 40.7 39.3 39.2 40.6 41, 40, 42, 1974 P Mar. 1973 Feb. 1974 , 1 ,3 -1 .1 41. 42.6 Data relate to production workers In mining and manufacturing: to construction workers in contract construction: and to nonsupervisory workers in transportation and public utilities; wholesale and retail trade; finance, insurance, and real estate; and services. These groups account for approximately four-fifths of the total employment on private nonagricultural payrolls. p = preliminary. Table B-3. Average hourly and weekly earnings of production or nonsupervisory workers 1 on private nonagricultural payrolls, by industry Average hourly earnings - Industry TOTAL PRIVATE. Seasonally adjusted , Feb.F 1974 Mar.F 1974 $3.80 3.81 $4.02 4.02 $4.04 4.04 $4.05 4.06 $0.25 .25 $0.01 .02 4.99 4.98 4-94 .39 -.04 6.74 6.74 6.74[ .46 4.21 4.21 4.23 .25 .02 162.38 4.47 4.49 .26 .02 175.97 51 72 39 30 25 38 75 97 5,23 4.06 3.42 4.52 3.73 3.42 4.32 5.30 4.42 4.77 3.99 5.26 4.07 3.41 .35 .26 .23 .25 .42 .27 .31 .20 .30 .25 .18 .01 .01 .03 .02 .05 .04 .02 .02 .03 .01 .01 177.64 141.92 128.56 171.35 206.42 172.23 191.33 153.87 208.32 155.47 126.94 187.68 145.36 131.71 173.36 219.03 177.83 200.08 157.21 209.09 163.22 129.58 189.87 149.17 131.53 176.73 217.35 178.70 201.40 157.21 209.72 164.84 132.35 195.72 150.32 133.38 177.98 220.48 181.22 203.20 158.80 212.50 165.24 132.99 3.83 3.85 .24 .02 142.96 150.14 150.14 151.31 8.35 4.02 3.89 3.06 86 4.04| 4.01 3.07 2.88 4.34; .27 .31 .19 . 15 .26 .27 .29 .28 .20 .15 ,02 ,12 .01 .02 .03 .04 .01 149.67 162.00 138.38 152.49 118.66 123.01 99.10 98.90 174.62 184.46 174.80 178.19 183.12 193.49 213.21 225.72 154.05 158.76 105.28 107.88 161.20 162.41 147.04 150.78 123.32 123.41 101.53 102.53 181.88 182.71 179.68 181.65 193.49 194.84 227.52 228.06 159-56 159.17 110.46 112.10 12.74 12.40 4.75 3.43 8.09 6.85 11.72 14.85 5.12 6.82 13.38 4.55 CONTRACT CONSTRUCTION 6.28 MANUFACTURING.. 3.98| Ordnance and accessories. * . . . Lumber and wood produces. . . . Furniture and fixtures Stone, clay, and-glass products . Primary metal industries Fabricated metal products Machinery, except electrical . . . Electrical equipment Transportation equipment Instruments and related products Miscellaneous manufacturing. . . Change from Jan. 1974 MINING DURA1LE GOODS Average weekly earnings Change from Mar, 1973 4.23 4.47 4.17 3.47 3.19! 4.071 4.49 3.68 3.36 4.27 ' 4. 88 5.24 15 4.38 46 4.73 79 3.98 96 .5.28 82 4.04 23' 3.41 NONDURABLE GOODS • 3.61 Food and kindred products . . . Tobacco manufactures . . . . . . Textile mill products . • Apparel and other textile products! Paper and allied p r o d u c t s . . . Printing and publishing . . . . Chemicals and allied products Petroleum and coal products . Rubber and plastics products, neci Leather and leather products . 3.77 3.70 2. 88| 2.73 3.83 31 83 4.64 Mar. I Feb. 1973 | 1974 Mar. 1973 Feb. P 1974 Mar. 1974F $140.22 $146.33 $147.46 $148.23 141.35 147.53 149.08 149.41 188.37 229.85 0 0 .02 Jan. 1974 211.08 235.23 168.40 181.04 212.15 244. 66 168.82 181.93 Mar. 1973 $8.01 8.06 201.06 12.69 248.03 18.18 170.05 7.67 183.64 7.67 18. 8. 4, 6. 14. 8. 11, 4, 4, 9, 6, TRANSPORTATION AND PUBLIC UTILITIES - 4.89 5.21 5.22 5.21 .32 -.01 196.58 210.48 209.84 209.96 WHOLESALE AND RETAIL TRADE 3.14 3.35 3.36 3.38 .24 .02 108.33 113.57 113.90 114.58 6.25 4.03| 2.81 4.29 2.99 4.3Q 2.99 4.33 3.01 .30 .20 .03 .02 159.59 92.45 166.88 96.58 166.41 96.58 167.57 97.22 7.98 4.77 '3.55 3.74 3.76 3.76 .21 131.35 138.01 139.12 138.74 7.39 3.50 3.53 3.52 .22 111.87 118.30 119.67 119-33 7.46 WHOLESALE TRADE RETAIL TRADE FINANCE, INSURANCE, AND REAL ESTATE * SERVICES 1 See footnote 1, table B-2. p = preliminary. 3.3<J .01 Feb. 1974 Table B-4. Hourly Earnings Index for production or honsupervisory workers in private nonfarm industries, seasonally adjusted 11967-100} Mar. 1973 Oct. 1973 Nov. 1973 Dec. 1973 Jan. 1974 Feb.P 1974 Percent change from Mar.P 1974 Mar. 1973 Feb. 1974Mar. 1974 Mar. 1974 Current dollars . 143.3 149.6 150.3 151.3 151.7 152.4 153.1 Constant (1967) dollars 110,4 109.5 109.1 109,3 108.4 107.5 NA 142.5 148.4 150.2 152.1 154,2 154.4 155.6 9.2 .8 152.6 159.2 160.3 161.2 160.5 162.3 163.0 6.8 .4 MANUFACTURING 140.4 146.5 147.0 147.9 148.5 149.3 150.2 6.9 .6 TRANSPORTATION AND PUBLIC UTILITIES , 152.1 159.8 160.0 160.2 161.1 161.3 162.1 6.6 .5 WHOLESALE AND RETAIL TRADE 140.2 146.2 146.9 147.9 148.8 149.0 150.4 7.3 .9 FINANCE, INSURANCE, AND REAL ESTATE 136,9 142.7 143,6 145.5 145.2 145.5 146.1 6.7 .4 SERVICES 143.6 149.1 149.9 151.3 152.1 152.8 153. Oj 6.6 Industry TOTAL PRIVATE NONFARM: MINING , CONTRACT CONSTRUCTION , r 6.8 .5 y i Percent change was -2,8 front February 1973 to February 1974, the latest month available. a Percent change was -0.8 from January 1974 to February 1974» the latest month available. N.A. - not available. p-prellminary. r=Revised NOTE: All series, are in current dollars except where indicated. The index excludes effects of two types of changes that are unrelated to underlying wage-rate developments: Fluctuations in overtime premiums in rnanufacturinq (the only sector for which overtime data are available) and the effects of changes In the proportion of workers in high*waot and low-wage industries. The saasonal adjustment eliminates the effect of changes that normally occur at the same time and in about the same magnitude each year. LABOR FORCE, EMPLOYMENT, UNEMPLOYMENT HOUSEHOLD DATA - SEASONALLY ADJUSTED LABOR FORCE AND EMPLOYMENT 2. TOTAL EMPLOYMENT CIVILIAN LABOR FORCE TOTAL EMPLOYMENT NONABRICULTURHL EMPLOYMENT THOUSANDS 95000 95000 [ r* | J t 9 [ " 185000 j «# L v-' i* 75000 r r f- y »rf 70000 65000 j 90000 4 t r 60000 j y[ UiilnlB 7 -v^- • ] 40000 40000 j 60000 30000 .z — 50000 ^ j J 50000 1 75000 / w*mm' S-r* ] 70000 I »—-T T 1 20000 20000 ] ' J 165000 10000 10000 J •NUIM mtaiutm MLA*. iiliililn Uafcd 0 1985 L98B 1907 1988 1869 1970 1971 187* 1973 1974 3. 30000 1 L'** i ^-•4**** i i i. L 80000 THOUSANDS 60000 OUUUUI - 90000 85000 ADULT HEN ADULT WOMEN TEENABERS ii 1. l \ ^[ L** 1, , L t t m LbiiiiiM 1968 1966 1967 1988 196* 1970 1871 1972 1873 1874 Lfcritfn UNEMPLOYMENT 4. ALL CIVILIAN WORKERS FULL-TIME WORKERS MARRIED MEN LyJ UNEMPLOYMENT ADULT HEN ADULT WOMEN TEENA8ERS THOUSANDS 6000 6000 5000 5000 4000 4000 THOUSANDS 2250 H\ 2000 1750 1500 2250 I /M4u 2000 1750 1500 3000 3000 1250 1250 k Vl'J 2000 2000 |7M M tooo 1000 1000 750 tooo [Wm\ 500 \i 1806 1*68 1967 1988 1969 1970 1971 1972 1973 1874 1 i 1 I 1 il 1 I 1 ii 11 1 i 1 1 1 tolulri I 1 I 1 1 1 i In 1 1 1 i Ii ml l l 1966 1966 1967 1968 1969 1970 1971 187* 1873 1974 750 500 UNEMPLOYMENT RATES HOUSEHOLD DATA - SEASONALLY ADJUSTED 5. UNEMPLOYMENT RATES 6. ALL CIVILIAN WORKERS STATE INSURED « MARRIED KEN UNEMPLOYMENT RATES TEENAGERS ADULT HOMEJ* ADULT MEN PERCENT 7,0 7.0 PERCENT 20.0 20.0 15-0 15.0 10.0 10.0 5.0 Q.Q UdmAmtoJUdidiiLiiiiliiii I i LmLuUuUntirtiiliiiitUJiiiiiliiiiiLiiiil n J 196S 1808 1987 I860 1969 1970 1971 1972.1973 1974 '.965 1966 1807 I960 1998 1870 1971 1972 1973 1974 7. UNEMPLOYMENT RATES 8..UNEMPLOYMENT NEBRO AND OTHER RRCES WHITE 12.5 I PERCENT 10.0 10.0 H I •] •" ijilA mV\ 10.0 L ip l i Wi A w wh ( 1966 1966 7.5 5.0 5.0 2.5 H i t k iniJiim 7.5 I / h r\ w 10.0 ^ 5-0 2.5 RATES PART-TIME WORKERS FULL-TIME WORKERS PERCENT 12.6 7.S g.O * H Y+*\* 1 V „ J § Lu ../ IIIIMUAI hl«UU - • ' • • • " ' " •OtaUJ 1967 1968 1969 1970 1971 1972 1973 1974 2.5 0.0 U A 1966 1966 1967 i960 1369 1970 1971 1972 1973 1974 * State injured unemployment rata pertains to the week including the 12tr. or the month and represents the insured unemployed under State programs at a percent of average covered employment. The figures are thrived from administrative records of unemployment insurance systems. 0.0 UNEMPLOYMENT HOUSEHOLD DATA - SEASONALLY 9. UNEMPLOYMENT RATES 10- ADJUSTED UNEMPLOYMENT RATES BLUE COLLAR WORKERS SERVICE WORKERS WHITE COLLAR WORKERS J ^ Q lullilllluLlltlHtHlllllJiaiJlllltLUllHtllllllilljllllllllnllllMlllUlllltllhlllllllhllniulnlulllUl CONSTRUCTION MANUFACTURING ^ #Q PERCENT 15.0 15.0 12-5 12.5 10.0 10.0 7-5 7.5 S.O 5.0 2.5 2.5 Q tQ 19BS 1986 1967 1968 1969 1970 1971 1972 1973 1974 11 . AVERAGE DURATION OF UNEMPLOYMENT l»>ylulhliiliilBliil»l>iliiliilyliilniiilnbiliiliiliilalmiiLjiiliJi>lhliilnliiliil>itMUtLlu)»tJ 1965 1966 1967 1988 1969 1970 1971 1972 1973 1974 12- Q # Q UNEMPLOYMENT BY REASON -• JOB LOSERS REENTRANTS NEW ENTRANTS JOB LEAVERS THOUSANDS WEEKS 13.0 13.0 12.0 12.0 2500 i- 1 1 1 r— 1 i 1 1 2500 2000 2000 1500 1500 1000 1000 11.0 11.0 10.0 10-0 9.0 A 4*™jl* 500 8*0 8.0 • j f t Q l.1i..l..iMLi^lMiJ..i..l..i.J..i^MtJ..t..L.t..l.j.ttMiHLlMlHliiLl»l«liiliil.iliiliiLlMliilyl 1965 1886 1987 1988 1989 1970 1971 1972 1973 1974 *} , Q 500 Wf Q l..l..l..l,.l..l..l..l.,L. t ..L.I,.l..l..l..t. | | 1967 1968 1969 1970 I 1971 I,,l,,l..i..l..l,.l 197C 1973 I,.l„t..l..l 197* Q NONflGRICULTURflL EMPLOYMENT AND HOURS ESTABLISHMENT DATA - SEASONALLY ADJUSTED 13. EMPLOYMENT 14 TOTAL NONflGRICULTURflL SERVICE-PRODUCING GOODS-PRODUCING MANUFACTURING THOUSANDS 80000 80000 70000 70000 60000 60000 50000 50000 MflN-HOURS TOTAL PRIVATE NONflGRICULTURflL PRIVATE SERVICE-PRODUCING GOODS-PRODUCING MANUFACTURING MILLIONS OF MflN-HOURS 2250 2250 1 2000 2000 1750 1750 1500 1600 1250 1250 1000 1000 750 750 SOO SOO g5Q liif^^iiiLuimiiUBlMiiiLiMUiiili.hiii.uiLiiiiiihiLiuLiJMnlMiiilirinkkiLiiiiiijJ 1968 1966 1987 19B8 1969 1970 1971 1972 1973 1974 250 —4-""n 40000 40000 30000 30000 20000 20000 1 0 0 0 0 '"'"''•"•''•'"'''•"l|i|i'J'"""''"1"'"'"t"|"'"'"l'l*""'»»"1 Lmliimlnhii Lui.nJ lOQOO 1965 1966 1967 1968 1969 1970 1971 1972 1S73 1974 15. AVERAGE WEEKLY HOURS 16. AVERAGE WEEKLY OVERTIME HOURS IN MANUFACTURING MANUFACTURING TOTRL PRIVATE HOURS 42.0 42.0 HOURS 5.0 41.0 40.0 39-0 39-0 v. 38.0 7*4 38.0 "A* V, 37.0 35 .0 InJy^L.L uLmWJ 1966 1966 1967 1868 1969 1970 1971 1972 1973 1974 lMliitiikilnliili>li>liili NOTE: 1-0 37.0 36.Q Q Q I f l.-l . I....1-.-I ..l...l....l^Ml„.„L.t-l.....l.*..i.....L...l.....l..t..l.....L.-l.....l Q 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 Charts 14 and 15 relate to production or nonsupervisory workers; chart 16 relates to production workers. Data for the 2 most recent months are preliminary in charts 13-16. Q