Full text of The Employment Situation : May 1972
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\zl U. S. DEPARTMENT OF LABOR OFFICE OF INFORMATION, WASHINGTON, D. C. 20210 Transmission Embargo 9:30 A .M . (EDT) Friday, June 2, 1972 USDL - 72-347 Bureau of Labor Statistics Telephones: (202) 961-2530, 961-2633, or 961-2531 THE EMPLOYMENT SITUATION: MAY 1972 Employment rose in May while unemployment remained unchanged, the U.S. Department of Labor's Bureau of Labor Statistics reported today. The overall unem ployment rate was 5. 9 percent, the same as in the two previous months but below the year-ago rate of 6. 1 percent. Total employment increased slightly from the April level, continuing the upward trend in evidence over the past year. Since May 1971, the number of jobholders has risen by 2. 3 million. Nonagricultural payroll jobs also rose in May, as manufacturing employment posted its fifth consecutive monthly gain. The manufacturing workweek, however, declined in May, after rising substantially in April. Unemployment The number of unemployed persons totaled 4. 3 million in May, down 350, 000 from the previous month. This was in Line with the expected seasonal change, and, after seasonal adjustment, the level of unemployment was the same as in April and March (5. 1 million). Although the overall jobless rate was unchanged over the month, there were some diverse movements among the major labor force groups. The rate of unemployment for adult women rose from 5. 4 to 5. 9 percent, a return to the levels prevailing late last fall; most of this increase occurred among those 20-24 years of age. The teen age unemployment rate, on the other hand, dropped from 17. 3 to 15. 7 percent between April and May and was at its lowest point in almost 2 years. The jobless rate for adult men, at 4. 3 percent, was unchanged over the month, as was the rate for married men (2. 9 percent). However, the rate for household heads inched up from 3. 4 to 3. 6 per cent. The unemployment rate for white workers, at 5. 3 percent, was about unchanged in May, while the rate for Negro workers moved up over the month from 9. 6 to 10. 7 percent. This followed a decline of nearly the same magnitude in April. - 2 - U n e m p l o y m e n t a m o n g f u l l - t i m e w o r k e r s e d g e d up in M a y to 5. 6 p e r c e n t , w h e r e a s the j o b l e s s r a t e f o r p a r t - t i m e w o r k e r s d r o p p e d f r o m 8. 8 to 8.1 p e r c e n t o v e r the m o n t h The j o b l e s s r a t e f o r w o r k e r s c o v e r e d b y State u n e m p l o y m e n t i n s u r a n c e p r o g r a m s ( 3 . 7 p e r c e n t ) w a s e s s e n t i a l l y u n c h a n g e d in M a y . T h e r e w e r e f ew c h a n g e s in j o b l e s s r a t e s f o r the m a j o r i n d u s t r y and o c c u p a t i o n a l groups. Table A. However, the r at e f o r c o n s t r u c t i o n w o r k e r s m o v e d up f r o m 10. 6 to 12. 5 Highlights of the employment situation (seasonally adjusted data) 1----------------- 1 — May 1972 S e le c te d c a te g o rie s Apr. 1972 Mar. 1972 3rd Q tr. 2nd Is t Q tr. Q tr. Q tr. ___ 1 9 7 1 ___ 1 9 7 1 1 9 71 1971 4 th 1st Q tr. ___ 1 9 7 2 ( M il lio n s o f p e rs o n s ) 8 6 .3 8 6 .3 8 5 .9 8 5 .0 81.2 8 1 .2 8 0 .0 4 6 .5 4 6 .6 8 0 .8 4 6 .4 2 8 .0 5 .1 A d u l t m e n ............................................. 8 6 .5 8 1 .4 4 6 .6 A d u l t w o m e n ....................................... 2 7 .9 T e e n a g e r s ................................................ 6 .9 2 7 .9 6 .8 U n e m p l o y m e n t .......................................... 5 .1 5 .1 C iv ilia n la b o r f o r c e 1 ....................................... T o t a l e m p l o y m e n t 1 ................................. 6 .7 4 6 .1 2 7 .5 6 .3 2 7 .9 6 .6 5 .0 5 .0 84.2 79.2 45.9 27.1 6.2 5.0 8 3 .7 8 3 .5 7 8 .7 7 8 .5 4 5 .4 2 7 .0 4 5 .7 2 6 .9 6 .1 5 .0 6 .2 5 .0 (P e r c e n t o f la b o r fo r c e ) le m p lo y m e n t ra te s : A l l w o r k e r s ................................................... 5 .9 5 .9 5 .9 5 .8 5 .9 6 .0 6 .0 6 .0 4 .1 5 .3 1 8 .2 5 .3 4 .3 4 .4 4 .4 4 .3 5 .7 1 6 .9 5 .4 5 .7 1 6 .8 5 .8 1 6 .9 5 .7 1 7 .3 5.5 5.5 5.5 1 0 .1 3 .6 3 .2 1 0 .1 9 .9 3 .7 3 .2 9 .5 3 .6 3 .2 5 .4 4 .1 5 .4 1 7 .9 5 .3 1 0 .7 3 .6 9 .6 3 .4 1 0 .5 3 .4 1 0 .6 3 .4 F u ll- t i m e w o r k e r s .................................... 2 .9 5 .6 2 .9 5 .4 2 .8 5 .4 2 .9 5 .4 S t a t e i n s u r e d ^ ............................................. 3 .7 3 .6 3 .5 3 .5 A d u l t m e n ...................................................... 4 .3 4 .3 A d u l t w o m e n ................................................ 5.9 T e e n a g e r s ...................................................... 1 5 .7 5 .3 5 .4 1 7 .3 W h it e ............................................................... N e g r o a n d o t h e r r a c e s ........................... H o u s e h o ld h e a d s ....................................... M a r r ie d m e n ................................................ 3 .7 3 .2 5 .6 4 .2 5.5 5.5 5.5 4 .2 4 .1 3 .8 1 1 .9 1 1 .7 1 1 .7 1 0 .5 7 0 .6 2 2 .4 4 8 .3 7 0 .7 2 2 .5 4 8 .1 2 2 .5 4 7 .9 L (W e e k s ) A v e r a g e d u r a t io n o f u n e m p lo y m e n t ............................................. 1 2 .5 1 2 .4 12.' 4 7 2 .0 2 2 .7 4 9 .4 1 2 .2 ( M il lio n s o f p e rs o n s ) N o n f a r m p a y r o ll e m p l o y m e n t ............... 7 2 . 5P ............ 22. 8* r 72- 3p 22-7p S e r v ic e -p r o d u c in g i n d u s t r i e s ............ 4 9 . 7P 4 9 . 5P G o o d s -p r o d u c in g in d u s tr ie s 7 1 .8 2 2 .6 4 9 .2 7 1 .0 2 2 .4 4 8 .6 7 0 .4 (H o u rs o f w o rk ) n A v e ra g e w e e k ly h o u rs : T o t a l p r iv a te n o n f a r m ........................... 37- ° p 4 0 . 8P 3 7 .1 4 0 .3 3 7 .1 4 0 .1 3 6 .8 3 9 .8 3 7 .0 4 0 . 5p 3 7 .1 4 0 .4 3 7 .0 M a n u f a c t u r i n g ............................................. 3 9 .9 3 9 .8 M a n u f a c t u r e d o v e r t i m e ..................... 3.3 P 3.6P 3. 3 3 .1 3 .0 2 .9 2 .9 2 .8 1 3 0 .7 1 0 7 .2 1 2 8 .8 1 2 6 .7 1 0 6 . 7r 1 0 5 .9 37 •2p (1967=100) H o u r ly E a rn in g s in d e x , p r iv a te n o n fa rm : In c u r r e n t d o lla r s .................................... In c o n s ta n t d o lla r s .................................... 1 3 6 .6 ^ 136.2P 1 3 5 .5 134.9 1 3 2 .2 NA 1 0 9 . 6* 1 0 9 .2 1 0 8 .9 1 0 7 . 7r 1 Civilian labor force and total employment figures for periods prior to January 1972 should be raised by about 3 00,000 to be comparable with subsequent data. See box above table A-1. 2 For calculation of this rate, see table A-3, footnote 2 . p1preliminary. r=revised . SOURCE: Tables A-1, A-3, A-4, B-1, B-2, and B-4. - 3 - percent, the first time that this rate had exceeded the 12-percent mark in a year and a half. The average (mean) duration of unemployment, at 12. 5 weeks (seasonally adjusted) in May, has remained at about that level since February. This was a week longer than average joblessness a year ago. Civilian Labor Force and. Total Employment The civilian labor force edged up between April and May to a level of 86. 5 million, seasonally adjusted. Total employment also rose slightly, to 81. 4 million, with most of the increase occurring among teenagers. Since May 1971, the civilian labor force has expanded by 2. 2 million, while total employment has increased by 2. 3 million (after eliminating the effects of the 1970 Census population control adjustment introduced in January 1972) . Adult men accounted for 800* 000 of the over-the-year increase in employment, adult women for 870,000, and teenagers for 590,000. .Vietnam Era Veteraas. The employment situation of Vietnam Era veterans 20 to 29 years old was essen tially unchanged in May. Of the 4. 2 million veterans in the labor force, about 3. 9 million were employed, 560, 000 more than a year earlier, and 310, 000 were unem ployed, the same level as in May 1971. The veterans' unemployment rate was 8.1 percent in May, seasonally adjusted, not materially different from the preceding months in 1972. below that of a year earlier (9. 3 percent). However, the rate was All of the over-the-year improvement in the unemployment rate occurred among young veterans 20 to 24 years old. Their rate in May, at 10. 3 percent, was down from 13. 2 percent in May 1971; it also declined over the month. On the other hand, the jobless rate for 25-29 year-old veterans (6. 4 per cent) was not significantly changed from either a month or a year earlier. For nonveterans in the 20 to 29 year age group, the seasonally adjusted unem ployment rate was 7. 1 percent in May 1972, roughly the same as the levels prevailing for more than a year. The gap between the unemployment rate of veterans and the lower rate of nonveterans has been narrowing since October 1971. For the first 5 months of 1972, the difference averaged 0. 9 percentage point, half that for the same period a year earlier. Industry JPayroll Employment Nonfarm payroll employment totaled 72. 5 million in May, seasonally adjusted, an increase of 200, 000 from the April level. The number of payroll jobs has been rising steadily since last August, posting a gain of more than 1. 9 million over the period. - 4 - The May gain was about equally divided between the goods-producing and serviceproducing sectors of the economy. Within the goods sector, manufacturing employment rose by 90, 000, seasonally adjusted; most of the increase occurred in the durable goods sector and was concentrated in the major metal-using industries. At 19.0 million, factory employment was up 500, 000 from its August 1971 low but still 1. 3 million be low its alltime high reached in the summer of 1969. The number of v/orkers on contract construction payrolls was little changed over the month, after allowance for seasonal variation, and has fluctuated in the nar row range of 3. 2 to 3. 3 million since May 1970. In the service-producing sector employment gains were posted in services, State and local government, transportation and public utilities, and finance, insurance, and real estate. Trade employment was little changed in May following a particularly large increase in April. The average workweek for all rank-and-file workers on private nonagricultural payrolls did not increase as it usually does in May and, after seasonal adjustment, declined 0. 2 hour to 37. 0 hours. In manufacturing, the average workweek decreased by 0. 3 hour to 40. 5 hours, seasonally adjusted, after posting a substantial rise in the previous month. The decline was pervasive throughout the durable and nondurable goods industries. Overtime hours in manufacturing declined 0. 3 hour to 3. 3 hours, seasonally adjusted. This returned factory overtime to the March level, after it had reached a 2 -1 /2 year high in April. Hourly and Weekly E arn in g Average hourly earnings of production or nonsupervisory workers on private nonagricultural payrolls rose 2 cents in May to $3. 61. hourly earnings were up by 1 cent. On a seasonally adjusted basis, Compared with a year ago, hourly earnings have risen 20 cents, or 5. 9 percent. Although weekly hours (not seasonally adjusted) were unchanged in May, the gain in hourly earnings raised average weekly earnings to $133.21, up 74 cents from the previous month. However, after seasonal adjustment, average weekly earnings declined by 35 cents. Compared with May a year ago, average weekly earnings have risen $ 7 .7 2 , or 6.2 percent. During the latest 12-month period for which the Consumer Price Index is available - - April 1971 to April 1972 - - consumer prices rose by 3 .4 percent. - 5 - Hourly Earnings Index In May, the Bureau's Hourly Earnings Index, seasonally adjusted, was 156. 6 (1967=100) , 0. 3 percent higher than in April, according to preliminary figures. index was 5. 8 percent higher than May a year ago. (wSee table B -4 .) The Between May 1971 and May 1972, all industries posted increases, ranging from 4. 0 percent in finance, insurance,and real estate to 9. 4 percent in transportation and public utilities. During the 12-month period ending in April, the Hourly Earnings Index in dollars of constant purchasing power rose 2. 9 percent. This release presents and analyzes statistics from two major surveys. Data on labor force, total employment, and unemployment are derived from the sample sur vey of households conducted and tabulated by the Bureau o( 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 in the BLS publication Employment and Earnings. NOTE: Figures fo r periods p rio r Co January 1972 In Che Cables and charCs are noC s C r ic d y comparable wich current daca because o f Che InCroducClon o f 1970 Census daca lnco Che esclm aclon procedures. For example, Che c i v il i a n labor fo rce and employmer.C Cocals were raised by more Chan 300,000 as a re s u lc o f Che census ad ju scmenC. An explanacion o f Che changes and an in d ica tio n o f Che d iffe re n ce s appear In "R evisions in Che CurrenC Populacion Survey" In Che February 1972 issue o f Employment and Earnings. Table A -l: Employment status off tho noninstitutional population by sox and ago (In thousands) Seasonally adjusted Employment status, age, and sex Mar. 1972 Feb. 1972 Jan. 1972 88,747 86,284 81,205 3,324 77,881 2,558 1,1.31 1,427 5,079 88,817 86,313 81,241 3,482 77,759 2,416 1,155 1,261 5,072 88,075 85,535 80,623 3,357 77,266 2,303 1,127 1,176 4,912 88,301 85,707 80,636 .3,39.3 77,243 2,429 1,146 1,283 5,071 48,700 46,628 2,404 44,224 2,072 48,614 46,541 2,370 44,171 2,073 48,582 46,569 2,400 44,169 2,013 48,181 46,255 2,394 43,861 1,926 48,259 46,247 2,442 43,805 2,012 28,567 27,058 608 26,450 1,509 29,625 27,883 551 27,332 1,742 29,508 27,913 563 27,350 1,595 29,574 27,972 620 27,352 1,602 29,358 27,878 575 27,303 1,480 29,424 27,794 564 27,230 1,630 6,853 5,872 444 5,428 981 8,161 6,883 398 6,485 1,278 8,162 6,751 .391 6,360 1,411 8,157 6,700 462 6,238 1,457 7,996 6,490 388 6,102 1,506 8,024 6,595 387 6,208 1,429 May1972 Apr. 197? May 1971 May 1972 87,986 85,567 81,223 3,531 77,692 2,113 996 1,117 4,344 87,787 85,324 80,627 3,287 77,3.39 2,251 1,081 1,170 4,697 85,954 83,104 78,709 3,598 75,111 2,183 1,10? 1,081 4,394 88,905 86,486 81,394 3,353 78,041 2,421 1,102 1,319 5,092 48,519 46,680 2,500 44,180 1,840 48,465 46,412 2,417 43,994 2,054 47,684 45,780 2,546 43,2 34 1,904 29,649 28,097 629 27,469 1,552 29,539 28,029 515 27,514 1,509 7,399 6,447 403 6,044 952 7,320 6,186 355 5,831 1,1.34 Apr. 1972 Total Total labor f o r c e ....................................................... Civilian labor force ................................................. E m ployed.................................................................. A griculture............................................................. Nonagricultural in d u s t r ie s ................................ On part time for economic r e a s o n s ............... Usually work full tim e ................................... Usually work pan rime ................................ Unemployed............................................................... Man, 20 years and over Civilian labor fo r c e .................................................... E m ployed.................................................................. A griculture............................................................. Nonagricultural in d u s t r ie s ................................ Unemployed................................................................ Women, 20 years and over Civilian labor force ................................................. E m ployed.................................................................. Agriculture............................................................ Nonagricultural in d u s t r ie s ................................ Unemployed............................................................... Both taxes, 16-19 years Civilian labor fo r c e .................................................... E m p loyed.................................................................. Agriculture............................................................ Nonagricultural in d u s t r ie s ................................ Unemployed............................................................... Table A-2: Full- and part-time status off the civilian labor force by sex and ag e (Numbers in thousands) Seasonally adjusted Full- and part-time employment status, sex, and age May 1972 May 1971 May 1972 Apr. 1972 Mar. 1972 Feb. 1972 Jan. 1972 May 1971 Fell time Total, 16 years and over: Civilian labor force............................................ Employed......................................................... Unemployed...................................................... Unemployment r a t e .......................................... 72,379 68,746 3,633 5.0 70,601 66,968 3,633 5.1 74,032 69,918 4,114 5.6 73,691 69,725 3,966 5.4 73,714 69,734 3,980 5.4 72,997 69,123 3,874 5.3 73,261 69,279 3,982 5.4 72,163 68,052 4,111 5.7 Men, 20 years and over: Civilian labor force............................................ Employed......................................................... Unemployed .................................................... Unemployment r a t e .......................................... 46,067 44,352 1,715 3.7 45,299 43,521 1,778 3.9 46,330 44,441 1,889 4.1 46,199 44,330 1,869 4 .0 46,123 44,282 1,841 4 .0 45,847 44,074 1,773 3.9 45,892 44,061 1,831 4 .0 45,566 43,608 1,958 4 .3 Women, 20 years and oven Civilian labor force............................................ Employed......................................................... Unemployed .................................................... Unemployment r a t e .......................................... 23,038 21,741 1,297 5.6 22,264 21,018 1,246 5.6 23,292 21,828 1,464 6.3 23,145 21,896 1,249 5.4 23,208 21,904 1,304 5.6 22,921 21,691 1,230 5.4 23,009 21,704 1,305 5.7 22,508 21,102 1,406 6.2 13,188 12,477 711 5.4 12,503 11,742 761 6.1 12,406 11,403 1,003 8.1 12,466 11,369 1,097 8.8 12,596 11,497 1,099 8.7 12,540 11,482 1,058 8 .4 12,595 11,476 1,119 8.9 11,819 10,743 1,076 9.1 Pert How Total, 16 years and over: Civilian labor force............................................ Employed......................................................... Unemployed...................................................... Unemployment race.......................................... •coooaic reasons are included in ike foil-time cay toyed category; unemployed persons are allocated by whether aecking full- or Table A-3: Major unemployment indicators (Persons 16 years and over) Thousands of persons unemployed Selected categories Seasonally adjusted rates o f unemployment M ar. 1972 Feb. 1972 Jan. 1972 May May May May 1972 1971 1972 4 344 l ’, 8 4 0 1 ,5 5 2 952 4 ,3 9 4 1 ,9 0 4 1 ,5 0 9 981 5 .9 4 .3 5 .9 1 5 .7 5 .9 4 .3 5 .4 1 7 .3 5 .9 4 .1 5 .4 1 7 .9 5 .7 4 .0 5 .0 1 8 .8 5 .9 4 .2 5 .5 1 7 .8 6 .1 4 .5 5 .9 1 7 .4 White .................................................................................. Negro and other ra c e s .................................................... 3 ,5 0 4 840 3 ,5 8 9 806 5 .3 1 0 .7 5 .4 9 .6 5 .3 1 0 .5 5 .1 1 0 .5 5 .3 1 0 .6 5 .6 1 0 .5 Household h e a d s ................................................................... 1 ,6 2 4 1 ,0 2 3 3 ,6 3 3 711 1 ,3 0 6 1 ,7 6 8 1 ,6 7 3 1 ,1 4 9 3 ,6 3 3 761 1 ,3 1 0 2 ,0 3 0 3 .6 2 .9 5 .6 8 .1 1 .4 3 .7 6 .3 3 .4 2 .9 5 .4 8 .8 1 .3 3 .6 6 .3 3 .4 2 .8 5 .4 8 .7 1 .4 3 .5 6 .3 3 .3 2 .8 5 .3 8 .4 1 .5 3 .5 6 .1 3 .5 3 .0 5 .4 8 .9 1 .4 3 .4 6 .4 3 .8 3 .2 5 .7 9 .1 1 .4 4 .2 6 .6 Men. 20 years and o v e r .................................................. Women. 20 years and over............................................. Married men .......................................................................... Full-time w o r k e r s ................................................................ Part-time workers................................................................... State insured3 ........................................................................ Labor force time lost3 ......................................................... — A p r. 1972 1971 Occupation4 White-collar w o r k e r s ............................................................ Professional and te ch n ica l............................................ Managers and administrators, except farm ............ Sales workers..................................................................... Clerical w o r k e r s .............................................................. Blue-collar w o r k e r s .............................................................. Craftsmen and kindred w orkers................................... Operatives.......................................................................... Nonfarm la b o re rs ........................................................... Service w o r k e rs ..................................................................... Farm w o r k e r s ........................................................................ 1 ,2 4 0 245 110 217 667 1 ,8 3 6 472 954 409 625 51 1 ,2 5 4 322 125 23 0 577 1 ,9 4 9 398 1 ,1 4 1 410 631 36 3 .6 2 .4 1 .5 4 .5 5 .3 6 .8 4 .7 7 .1 1 0 .9 6 .1 3 .0 3 .4 2 .3 1 .8 3 .7 4 .9 6 .8 4 .4 7 .4 1 0 .7 6 .3 2 .2 3 .5 2 .5 1 .9 4 .1 4 .9 6 .9 4 .0 7 .7 1 1 .7 6 .5 1 .9 3 .3 2 .5 1 .7 4 .0 4 .7 7 .0 4 .4 7 .5 1 1 .8 5 .9 2 .7 3 .6 3 .1 1 .9 4 .4 4 .7 7 .1 4 .3 7 .9 1 1 .6 6 .1 2 .8 3 .6 3 .2 1 .5 5 .1 4 .8 7 .5 4 .3 8 .7 1 1 .4 6 .4 2 .1 3 ,3 1 3 412 1 ,1 4 9 666 483 151 864 722 308 66 3 ,4 5 3 336 1 ,3 1 3 786 527 181 887 712 299 59 6 .0 1 2 .5 6 .0 6 .3 5 .7 3 .5 6 .3 5 .0 2 .9 8 .8 5 .9 1 0 .6 5 .8 5 .8 5 .9 3 .7 6 .2 5 .1 2 .9 6 .0 6 .1 9 .8 6 .2 6 .3 6 .1 4 .0 6 .7 5 .3 2 .8 6 .0 5 .9 1 0 .3 6 .0 6 .1 6 .0 3 .9 6 .2 4 .9 2 .8 8 .3 6 .1 9 .8 6 .4 6 .7 6 .0 4 .1 6 .3 5 .3 3 .0 8 .6 6 .4 1 1 .0 6 .9 7 .3 6 .4 4 .3 6 .8 5 .1 3 .0 7 .7 Industry4 Nonagricultural private wage and salary workers* . . . Constru ctio n..................................................................... Durable goods.............................................................. Nondurable goods .................................................... Transportation and public u t ilit ie s ........................... Wholesale and retail t r a d e ............................................. Finance and service industries ................................... Government w o rk e rs ........................................................... Agricultural wage and salary workers ........................... 1 Unemployment rate calculated as a percent of civilian labor force. 3 Insured unemployment under State programs-unemployment rate calculated as a percent of average covered employment. A s with the other statistics presented, insured unemployment data relate to the week containing the 12th. 3 Man-hours lost by the unemployed and persons on part time for economic reasons as a percent of potentially available labor force man-hours. 4 Unemployment by occupation includes all experienced unemployed persons, whereas that by industry covers only unemployed wage and salary workers. * Includes mining, not shown separately. Table A-4: Unemployed persons 16 years and over by duration of unemployment S N M M lIy id fu iiid Duration of unemployment Feb. 1972 May 1971 May M a r. 1972 1972 15 to 26 w e e k s ................................................................ 27 weeks and o v er........................................................... 1,832 1,205 1 ,3 0 6 683 623 1,8 5 0 1 ,235 1 ,3 1 0 768 542 2 ,2 2 3 1,514 1 ,1 8 0 587 593 2 ,1 6 9 1,5 2 1 1,137 482 655 2 ,3 1 1 1,412 1,2 2 4 591 633 2,1 4 2 1,4 5 4 1 ,294 634 660 2 ,3 5 8 1,502 1,198 636 562 2 ,2 4 5 1,552 1 ,1 8 3 667 516 Average (mean) duration, in w e e k s ................................ 13 .8 1 2 .5 12.5 1 2 .4 1 2 .4 1 2 .5 11 .8 11.4 Less than 5 w e e k s ................................................................ 5 to 14 w e e k s ........................................................................ 15 weeks and o v e r ................................................................ May 1972 i$ ? i fflfi T a b le A -5 : U n e m p lo y e d p e rso n s by re a so n for u n e m p lo y m e n t (Numbers In thousands) Sea son a lly adjusted Reason for unemployment May 1971 May 1972 A p r. 1972 Mar. 1972 Feb. 1972 2 ,0 2 1 541 1 ,1 9 1 590 2 ,1 3 3 509 1 ,2 3 4 519 2 ,1 9 9 649 1 ,4 6 0 802 2 ,0 4 0 611 1 ,5 5 7 917 2 ,1 1 8 674 1 ,5 4 2 737 2 ,0 7 7 603 1 ,5 0 3 713 1 0 0 .0 4 6 .5 1 2 .5 2 7 .4 1 0 0 .0 4 8 .6 1 1 .6 2 8 .1 1 0 0 .0 4 3 .0 1 2 .7 2 8 .6 1 0 0 .0 3 9 .8 1 1 .9 3 0 .4 1 0 0 .0 4 1 .8 1 3 .3 3 0 .4 1 0 0 .0 4 2 .4 1 2 .3 3 0 .7 1 3 .6 1 1 .8 1 5 .7 1 7 .9 1 4 .5 2 .4 .6 1 .4 .7 2 .5 .6 1 .5 .6 2 .5 .8 1 .7 .9 2 .4 .7 1 .8 1 .1 2 .5 .8 1 .8 .9 May 1972 Jan. 1972 May 1971 2 ,1 6 9 564 1 ,6 5 2 742 2 ,3 2 1 611 1 ,5 1 3 705 1 0 0 .0 4 2 .3 1 1 .0 3 2 .2 1 0 0 .0 4 5 .1 1 1 .9 2 9 .4 -1 4 .6 1 4 .5 1 3 .7 2 .4 .7 1 .8 .8 2 .5 .7 1 .9 .9 2 .8 .7 1 .8 .8 Number of unemployed Lost last j o b ................................................................ Reentered labor f o r c e .............................................. Never worked b e f o r e ....................... ......................... Percent distribution Total unem ployed................................................. Lost last j o b ............................................' ............ Left last j o b .......................................................... Reentered labor fo r c e ............................................ Never worked before............................................... - Unemployed as a percent of the civilian labor force L ost last j o b ................................................................ Left last j o b ................................................................ Reentered labor force....................... ......................... Never worked before .................................................. T a b le A -6 : Thousands of persons Age and sex May 1972 May •1971 U n e m p lo y e d p e rso n s by a g e an d se x Percent looking for full-time work May 1972 Seasonally adjusted unemployment rates May 1972 Apr. 1972 Mar. 1972 Feb. 1972 Jan. 1972 May 1971 Total, 16 years and o v e r ............................ 4^344 4,394 83.6 5.9 5.9 5.9 5.7 5.9 6.1 16 to 19 years . .......................................... 16 and 17 y e a r s .................................... 18 and 19 y e a r s .................................... 20 to 24 years............................................ 25 years and o v e r .................................... 25 to 54 y e a rs ....................................... 55 years and ov er.................................. 952 424 529 1,044 2,347 1,859 488 981 454 527 1,067 2,346 1,871 476 65.1 38.0 86.8 90.9 87.9 90.0 80.1 15.7 16.6 15.8 9 .9 3.9 4 .0 3.6 17.3 19.1 15.5 10.0 3.8 3.8 3.6 17.9 20.7 15.8 9.9 3.7 3.9 3.3 18.8 22.0 16.7 8.8 3 .6 3.7 3.1 17.8 19.1 16.8 10.1 3.7 3.9 3.1 17.4 19.0 17.1 10.8 4 .0 4 .1 3.5 Males, 16 years and o v e r ............................ 2,390 2,453 86.3 5.3 5.3 5.3 5.3 5.3 5.5 16 to 19 years............................................ 16 and 17 years .................................... 18 and 19 y e a rs .................................... 20 to 24 years............................................ 25 years and o v e r .................................... 25 to 54 y e a r s ....................................... 55 years and o v e r.................................. 550 262 288 552 1,287 991 296 550 248 302 592 1,312 1,006 305 62.9 37.4 86.5 92.8 93.6 97.0 82.1 16.6 18.0 16.2 9.4 3.4 3.4 3.5 16.7 19.3 14.8 10.7 3.3 3.2 3.5 17.8 21.4 15.1 10.4 3.2 3.1 3.4 19.6 21.8 17.6 9.2 3.2 3.2 3.2 17.3 18.7 16Tl 10.4 3.2 3.3 3.0 17.6 17.8 18.3 10.7 3.5 3.5 3 .5 Females, 16 years and o v e r ....................... 1,954 1,941 80.4 6.8 6.8 6.8 6.4 6.9 7.1 402 162 241 492 1,060 868 191 432 206 225 475 1,034 863 171 68.2 39.5 87.1 88.8 81.1 81.9 78.0 14.6 14.8 15.3 10.6 4 .8 5 .0 3.8 18.0 19.0 16.4 9.0 4 .6 4 .9 3.6 17.9 19.8 16.8 9.2 4.7 5.1 3.1 17.9 22.3 15.6 8.4 4 .3 4 .7 2.9 18.4 19.6 17.7 9 .6 4 .6 4 .9 3.3 17.1 20.5 15.7 10.8 4 .8 5.2 3.4 16 to 19 years..................... .................... . 16 and 17 y e a rs .................................... 18 and 19 y e a r s ....................... .. . . . . 20 to 24 years............................................ 25 years and o v e r .................................... 25 to 54 y e a r s ....................................... 55 years and o v er.................................. Tabid A-7: Employment status of male Vietnam Era veterans and nonveterans 20 to 29 years old (Numbers in thousands) Seasonally adjusted Employment status May 1972 A p r. 1972 May 197 1 May 1972 A p r. 1972 M ar. 1 97 2 F eb. 1972 Jan. 1 97 2 May 1971 4 ,5 1 9 4 ,1 6 6 3 ,8 5 4 312 7 .5 4 ,4 9 8 4 ,1 2 7 3 ,7 8 3 344 8 .3 3 ,9 8 3 3 ,6 0 8 3 ,2 9 7 311 8 .6 (2 ) 4 ,1 9 6 3 ,8 5 8 338 8 .1 (2 ) 4 ,1 6 1 3 ,8 0 4 357 8 .6 (2 ) 4 ,1 3 7 3 ,7 8 3 354 8 .6 (2 ) 4 ,1 0 0 3 ,7 9 8 3 02 7 .4 (2 ) 3 ,9 9 0 3 ,6 4 9 341 8 .5 3 ,6 3 7 3 ,3 0 0 337 9 .3 1 ,9 7 0 1 ,7 8 3 1 ,6 1 3 1 70 9 .5 1 ,9 8 7 1 ,7 8 8 1 ,5 7 3 215 1 2 .0 1 ,9 4 8 1 ,7 0 4 1 ,4 9 5 209 1 2 .3 (2 ) 1 ,7 9 2 1 ,6 0 8 184 1 0 .3 (2 ) 1 ,8 1 0 1 ,5 8 1 229 1 2 .7 (2 ) 1 ,8 1 7 1 ,5 9 4 223 1 2 .3 (2 ) 1 ,8 4 2 1 ,6 6 3 179 9 .7 1 ,7 4 5 1 ,5 3 0 2 15 1 2 .3 (2 ) 1 ,7 1 7 1 ,4 9 1 2 26 1 3 .2 2 ,5 4 9 2 ,3 8 3 2 ,2 4 1 1 42 6 .0 2 ,5 1 1 2 ,3 3 9 2 ,2 1 0 129 5 .5 2 ,0 3 5 1 ,9 0 4 1 ,8 0 2 102 5 .4 (2 ) 2 ,4 0 4 2 ,2 5 0 1 54 6 .4 (2 ) 2 ,3 5 1 2 ,2 2 3 1 28 5 .4 (2 ) 2 ,3 2 0 2 ,1 8 9 131 5 .6 (2 ) 2 ,2 5 8 2 ,1 3 5 123 5 .4 (2 ) 2 ,2 4 5 2 ,1 1 9 126 5 .6 (2 ) 1 ,9 2 0 1 ,8 0 9 111 5 .8 9 ,9 1 4 8 ,3 7 4 7 ,8 4 7 527 6 .3 9 ,8 4 0 8 ,3 6 1 7 ,7 5 8 603 7 .2 9 ,3 1 7 7 ,9 4 4 7 ,4 2 0 5 24 6 .6 (2 ) 8 ,5 5 5 7 ,9 4 9 606 7 .1 (2 ) 8 ,5 2 7 7 ,8 7 5 652 7 .6 (2 ) 8 ,5 1 3 7 ,8 7 3 640 7 .5 (2 ) 8 ,3 6 8 7 ,7 8 3 5 85 7 .0 (2 ) 8 ,4 2 5 7 ,7 9 3 632 7 .5 (2 ) 8 ,1 1 5 7 ,5 1 3 602 7 .4 5 ,9 5 8 4 ,6 4 2 4 ,2 6 0 382 8 .2 5 ,9 1 8 4 ,6 4 0 4 ,2 1 1 429 9 .2 5 ,4 5 0 4 ,2 9 4 3 ,9 1 2 382 8 .9 (2 ) 4 ,8 0 8 4 ,3 6 9 439 9 .1 (2 ) 4 ,8 1 3 4 ,3 3 2 481 1 0 .0 (2 ) 4 ,8 4 3 4 ,3 5 2 4 91 1 0 .1 (2 ) 4 ,6 6 5 4 ,2 4 4 (2 ) 4 ,7 5 1 4 ,2 8 4 4 67 9 . ,8 (2 ) 4 ,4 5 1 4 ,0 1 2 439 9 .9 3 ,9 5 6 3 ,7 3 2 3 ,5 8 7 145 3 .9 3 ,9 2 2 3 ,8 6 7 3 ,6 5 0 3 ,5 0 8 1 42 3 .9 (2 ) 3 ,7 4 7 3 ,5 8 0 167 4 .5 (2 ) 3 ,7 1 4 3 ,5 4 3 171 4 .6 (2 ) 3 ,6 7 0 3 ,5 2 1 149 4 .1 (2 ) 3 ,6 7 4 3 ,5 0 9 165 4 .5 (2 ) 3 ,6 6 4 3 ,5 0 1 163 4 .4 Veterans1 Total. 20 to 29 years old Civilian noninstitutional population................ Civilian labor force .................................... E m p loy ed.............................................. Unemployed ......................................... Unemployment rate............................... (2 ) 20 to 24 years Civilian noninstitutional pop u la tion ............. Civilian labor force .................................... E m p loy ed............. ............................ Unemployed ......................................... Unemployment rate............................... (2 ) 25 to 29 years Civilian noninstitutional pop u la tion ............. Civilian labor force ............................... E m p loy ed .............................................. Unemployed ......................................... Unemployment rate............................... Nonveterans Total. 20 to 29 years old Civilian noninstitutional population............. Civilian labor force .................................... E m p loy ed .............................................. Unemployed ......................................... Unemployment rate............................... 20 to 24 years Civilian noninstitutional pop u la tion ............. Civilian labor force .................................... E m p loy ed.............................................. Unemployed ............... ......................... Unemployment rate............................... 421 9 .0 25 to 29 years Civilian noninstitutional p op u la tion ............. Civilian labor force .................................... Employed .............................................. Unemployed ......................................... Unemployment rate............................... 3 ,7 2 1 3 ,5 4 7 174 4 .7 (2 ) 3 ,7 0 3 3 ,5 3 9 164 4 .4 1Vietnam Era veterans are those who served after August 4,1964; they are all classified as war veterans. 8 0 percent of the Vietnam Era veterans of all ages are 20 to 29 years old. Post-Koreanpeacetime veterans 20 to 29 years old are not included in this table. 3Not applicable. Table B - l : Em ployees on nonagricultural payrolls, by industry, (In thousands) Seasonally adjusted Change from M ay 1972 p Industry A pr. 1972 p M ar. 1972 M ay 19 7 1 Change from A pr. 1972 M ay 1972 P M ay 1971 APr . p 1972 P M ar. 1972 Apr. 1972 TOTAL.............................................. 72 ,4 5 1 7 1 ,9 3 4 71, 374 7 0 ,7 3 8 517 1 ,713 7 2,475 7 2 ,2 6 9 72,030 206 GOODS-PRODUCING..................... 22, 664 2 2 ,4 4 4 22, 226 22 ,4 4 1 220 223 22, 822 2 2 ,7 2 3 22, 662 9? 603 598 599 622 5 -1 9 603 604 613 -1 CONTRACT CONSTRUCTION......... 3, 2 5 0 3, 1 3 5 2, 9 7 4 3 ,2 6 5 115 -1 5 3, 2 6 0 3,252 3, 2 7 2 MANUFACTURING.......................... Production workers................ 1 8 , 811 1 8 , 71 1 18, 6 5 3 1 8,554 1 00 257 18, 9 59 18, 867 18, ITr } ' * 92 13, 711 13, 627 13 , 5 7 2 13,441 84 270 1 3 , 841 13,7 7 0 13, 677 71 DURABLE GOODS.................................. 10, 797 7, 8 3 8 1 0,729 7, 779 1 0 , 671 7, 7 2 3 10 ,6 0 7 7, 6 3 4 68 59 190 204 10 , 841 7, 8 7 3 10,766 7, 8 1 3 10, 6 9 6 7, 741 75 60 185. 7 5 9 6 .4 4 8 4 .4 6 5 5 .5 229. 6 3 6 7 .1 8 2 6 .4 819. 3 1 8 2 .9 590. 7 4 8 2 .0 6 4 1 .1 1,223. 8 1 ,3 5 4 .4 1, 8 1 4 . 4 1, 8 1 0 . 9 1 8 2 .9 591. 8 4 8 1 .2 631. 3 1 ,2 1 4 .0 1, 3 4 9 . 0 1, 8 0 8 . 2 1, 8 0 6 . 9 194. 2 566. 9 4 5 1 .3 630. 1 1, 2 7 8 . 8 1, 3 2 8 . 5 1, 7 8 4 . 3 1 ,7 7 5 .5 2. 8 5 .7 2 .4 1 4 .4 5 .8 12.7 12. 0 8.4 -8 .5 2 9 .5 33. 1 2 5 .4 -4 9 .2 3 8 .6 42. 1 43. 8 187 599 490 658 1 ,223 1, 3 7 8 1, 8 25 1, 8 3 8 1 83 602 486 646 1 ,2 2 0 1, 3 6 4 1, 8 0 2 1, 8 2 7 1, 1, 1, 1, 602 604 484 645 213 356 792 81 2 -3 4 12 3 14 23 11 1, 7 7 4 . 0 4 4 1 .2 417. 5 1, 7 7 2 . 0 440. 3 416. 8 1 ,7 5 4 .8 438. 1 4 1 2 .7 1, 7 6 4 . 0 427. 6 406. 2 2 .0 .9 . 7 10. 0 13.6 11. 3 1, 7 7 8 443 422 1 ,7 6 8 441 426 1, 7 4 3 439 425 10 2 -4 MINING.......................................... ' Production workers................ Ordnance and accessories.............. Lumber and wood products............... Furniture and fix tu r e s .................... Stone, clay, and glass products . . Primary metal in d u s tr ie s ............... Fabricated metal p rod u cts............. Machinery, except electrical . . . . Electrical equipment....................... Transportation equipment............... Instruments and related products . Miscellaneous manufacturing. . . . 1, 1, L, 1, 8 3 NONDURABLE GOODS.......................... 8, 0 1 4 7, 982 7, 9 8 2 7,9 4 7 32 67 8, 1 1 8 8, 1 0 1 8, 0 8 1 17 Production workers................ 5, 8 7 3 5, 8 4 8 5, 8 49 5, 8 0 7 25 66 5, 9 6 8 5 ,9 5 7 5, 9 3 6 11 Food and kindred p r o d u c ts............ T obacco m anufactures.................... Textile mill products....................... Apparel and other textile products Paper and allied products............... Printing and p u b lish in g ................. Chemicals and allied products. . . Petroleum and coal products . . . . Rubber and plastics products, nec Leather and leather products . . . . L, 6 9 0 . 1 64. 9 989. 3 1 ,3 6 2 .9 694. 2 L, 0 8 9 . 6 L, Q0 1. 1 1, 6 7 2 . 8 65. 9 9 8 6 .0 1, 3 6 5 . 2 690. 5 1, 0 9 1 . 3 1, 0 0 1 . 1 1, 6 7 6 . 1 67. 2 985. 0 1, 3 7 1 . 5 687. 1 1, 0 9 1 . 5 9 9 9 .6 1, 6 9 3 . 2 6 8 .4 958. 5 1, 3 6 9 . 8 675. 3 1, 0 8 5 . 1 1, 0 2 0 . 4 17. 3 -1 .0 3. 3 -2. 3 3 .7 -1 .7 0 -3 . 1 -3 .5 30. 8 -6 .9 1 8 .9 4 .5 -1 9 .3 1, 7 5 5 74 994 1, 3 6 6 701 1, 0 9 5 1, 0 0 4 1, 7 5 2 75 989 1, 3 7 6 697 1, 0 9 2 1,0 0 0 1, 7 5 7 73 988 1, 365 692 1, 0 9 2 1, 0 0 2 3 -1 5 -10 4 3 4 1 8 8 .5 6 2 1 .2 3 1 1 .7 187. 5 614. 1 186. 8 608. 8 189. 8 577. 7 1.0 7. 1 -1 .3 43. 5 189 626 190 618 191 612 -1 8 312 309 2 SERVICE-PRODUCING................... 4 9 , 7 8 7 3 0 7 .9 30 8. 2 308. 8 3. 8 2 .9 314 4 9 ,4 9 0 49, 148 48, 297 297 1 ,4 9 0 49, 653 49, 546 49, 368 107 TRANSPORTATION AND PUBLIC UTILITIES................................... 4, 518 4, 486 4, 4 8 2 4, 5 0 0 32 18 4, 536 4, 522 4, 5 3 6 14 WHOLESALE AND RETAIL TRADE. 1 5 ,5 3 8 15,4 4 9 15 , 2 7 4 15,071 89 467 15, 617 1 5 ,6 3 6 15, 5 1 8 -1 9 WHOLESALE TRADE............................. RETAIL TRADE.................................... 3, 9 1 3 11, 6 2 5 3, 9 0 4 1 1 ,5 4 5 3, 8 9 4 11 , 3 8 0 3, 8 2 3 11, 2 4 8 9 80 90 377 3, 9 5 7 11 , 6 6 0 3, 9 5 1 1 1 ,6 8 5 3, 941 11, 5 7 7 6 -25 FINANCE, INSURANCE, AND REAL ESTATE............................ 3, 9 1 0 3, 8 8 7 3, 86 7 3, 7 80 23 130 3, 9 1 8 3, 8 9 9 3, 8 9 0 19 SERVICES . ................................... 12, 384 12,2 7 6 12,131 11, 9 5 3 108 431 12, 2 8 6 12,251 12, 2 1 7 35 GOVERNMENT ............................... 1 3 ,4 3 7 13, 392 13, 3 9 4 1 2 ,9 9 3 45 444 13, 2 9 6 13, 2 3 8 13, 2 0 7 58 2, 6 6 0 2, 664 2, 6 5 6 2, 6 5 9 -4 1 2, 6 6 8 2, 6 6 9 2, 6 6 9 -1 10 , 7 7 7 10, 7 2 8 10, 7 3 8 10, 334 49 443 10, 6 2 8 10, 5 6 9 10, 5 3 8 59 FED ERAL........................................... STATE ANO LOCAL............................. p = preliminary. T a b le B-2: A v e ra g e w e e k ly hours of production or n o n su p erviso ry w o rk e rs on p riv a te n o n a g ricu ltu ra l p a y ro lls , by in du stry Seasonally adjusted Change from Industry M ay 1972 p A pr. 1972 p M ar. 1972 M ay 1971 A pr. 1972 M ay 19 7 1 M ay 1972 p A pr. 1972 p M ar. 1972 Change from A pr. 1972 .0 . 2 TOTAL PRIVATE................................... 36 .9 36. 9 3 6 .9 36. 8 0. 0 0. 1 37. 0 37.2 37. 1 MINING.......................................... 4 2 .2 4 2 .4 42. 2 42. 4 -. 2 -. 2 42. 2 42. 3 42. 9 -. 1 CONTRACT CONSTRUCTION......... 36. 7 36. 7 36. 8 37. 0 .0 -. 3 36. 5 36. 8 37. 5 -. 3 MANUFACTURING.......................... Overtime b o a rs................................ 40. 5 3 .2 40. 5 3. 3 40. 3 3. 1 40. 0 2 .9 0 -. 1 . 5 . 3 40. 5 3. 3 40. 8 3. 6 40. 4 3. 3 -. 3 -. 3 DURABLE GOODS................................. Overtime b o a r s ............................. 41. 2 3. 3 41. 2 3. 3 41. 0 3 .2 40. 5 2. 8 0 0 . 7 . 5 41. 2 3 .4 41. 5 3. 6 41. 0 3. 3 -. 3 -.2 Ordnance and a ccessories............... Lumber and wood products............ Furniture and fix tu r e s .................... Stone, clay, and glass products . . Primary metal in d u s t r ie s ............... Fabricated metal products............... Machinery, except electrical . . . . Electrical equipm ent....................... Transportation equipm ent............... Instruments and related products . M iscellaneous manufacturing. . . . 42. 2 4 1 .2 40. 0 41. 9 41. 5 41. 1 41. 5 42. 3 41. 1 40. 1 4 1 .9 4 1 .6 41. 0 41. 8 42. 2 4 0 .9 40. 2 4 1 .8 41. 3 4 0 .6 41. 7 4 1 .5 4 0 .2 3 9 .5 4 1 .6 41. 1 40. 7 40. 5 -. 1 . 1 -. 1 0 -. 1 .1 -. 3 .7 1. 0 . 5 . 3 .4 .4 1. 0 4 2 .2 40. 8 4 0 .4 41. 7 4 1 .4 41. 1 4 1 .5 42. 5 41. 1 40. 7 41. 9 41. 5 4 1 .3 41. 8 42. 3 40. 9 40. 5 42. 2 41. 3 4 0 .8 4 1 .4 -. 3 -. 3 -. 3 -.2 -. 1 -. 2 -. 3 4 0 .2 4 2 .4 4 0 .9 4 0 .4 42. 0 40. 5 40. 3 4 1 .7 40. 3 -. 2 .4 .4 .4 1.2 1. 1 40. 3 42. 3 41. 1 40. 8 42. 9 40. 7 40. 3 42. 1 40. 3 -.5 -.6 .4 3 9 .1 39. 5 39. 3 3 9 .8 4 1 .2 39. 8 3 8 .8 -.4 . 3 3 9 .2 3 9 .6 3 9 .3 -.4 3 9 .4 3 .0 3 9 .5 3 .2 39. 4 3 .1 3 9 .2 2 .9 -. 1 -. 2 .2 . 1 3 9 .6 3. 1 39.9 3 .4 3 9 .6 3. 3 -. 3 -. 3 40. 3 33. 5 4 0 .9 35. 7 4 2 .4 37 .6 4 1 .6 42. 1 41. 2 40. 1 33. 1 41. 3 40. 0 33. 3 41. 3 40. 3 37. 9 4 0 .6 .2 .4 -.4 0 -4. 4 . 3 40. 5 33.9 41. 1 40. 8 33. 8 41. 7 4 0 .6 3 4 .4 4 1 .4 -. 3 . 1 -.6 35.9 4 2 .6 37. 8 35. 42. 37. 41. 42. 5 0 6 5 5 -.2 4 1 .9 42. 8 41. 0 36. 0 4 2 .4 3 7 .6 41. 8 4 1 .6 -. 2 -. 2 -.3 -. 7 .2 .4 0 . 1 -.4 35. 7 42. 5 37. 7 4 1 .6 4 1 .4 36. 43. 38. 41. 42. 0 0 0 7 2 35. 8 4 2 .7 3 7 .6 41. 8 4 1 .7 40. 8 38. 0 3 7 .9 40. 3 37. 8 . 2 .6 .9 . 8 41. 3 3 8.6 4 1 .4 38.6 39. 1 41. 2 38. 2 -. 3 -. 5 -. 3 -. 1 -.8 -. 1 5 TRANSPORTATION AND PUBLIC UTILITIES.................................... 4 0 .3 40. 2 40. 2 39. 8 .1 . 5 4 0 .5 40. 6 4 0 .6 -. 1 WHOLESALE AND RETAIL TRADE. 3 4 .9 34. 8 34. 8 3 4 .8 . 1 . 1 3 5 .2 35. 2 35. 1 WHOLESALE TRADE............................. RETAIL TRAD E..................................... 39.9 3 3 .4 39. 8 33. 3 39. 8 3 3 .2 39 .6 33. 3 . 1 . 1 . 3 . 1 40. 1 33. 8 40. 0 3 3 .7 39 .9 3 3 .6 . 1 . 1 FINANCE. INSURANCE. AND REAL ESTATE............................ 3 7 .0 37. 0 37. 1 3 6 .9 0 . 1 37. 1 3 7 .0 37.1 . 1 SERVICES...................................... 3 3 .8 3 3 .9 34. 0 3 3 .9 -. 1 -. 1 34. 0 34. 0 34. 0 0 NONDURABLE GOOOS.......................... Food and kindred p r o d u c ts ............ T oba cco m anufactures.................... Apparel and other textile products Paper and allied products............... Printing and p u b lish in g ................. Chemicals and allied products. . . Petroleum and coal products . . . . Rubber and plastics products, nec Leather and leather products,. . . . *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 o f the total employment on private nonagricultural payrolls, p - preliminary. 0 T a b le B-3: A v era g e hourly an d w eek ly e a rn in g s of production or n o n su p e rv iso ry w o rk ers on p rivate n o n a g ricu ltu ral p a y ro lls, by industry Average weekly earnings Average hourly earnings Industry M ay 1972p A pr. 1972P M ar. 1972 M ay 19 7 1 Change from Change from A pr. 1972 M ay 197 1 M ay 1972P TOTAL PRIVATE........................ $ 3 .6 1 $ 3 . 59 $ 3 . 57 $ 3 . 41 $ 0 . 02 $ 0 . 20 SEASONALLY ADJUSTED . . 3 .6 1 3. 6 0 3. 58 3. 41 . 01 . 20 1 3 3 . 57 MINING........................................ 4 . 35 4 . 34 4. 30 4. 0 4 . 01 . 31 CONTRACT CONSTRUCTION------- 6. 03 6. 00 5.97 5. 65 . 03 MANUFACTURING....................... 3 . 78 3 . 77 3 .7 4 3. 55 DURABLE GOODS.............................. 4 . 03 4 . 01 3 .9 9 3. 78 Ordnance and a ccessories............ Lumber and wood products............ Furniture and fix tu r e s ................. Stone, clay, and glass products . Primary metal in d u s t r ie s ............ Fabricated metal products. . . . . Machinery, except electrical . . . Electrical equipm ent.................... Transportation equipm ent............ Instruments and related products Miscellaneous manufacturing. . . 4 . 08 3. 28 3. 02 3.8 7 4. 64 3 .9 6 4. 24 3 .6 6 4 . 73 4. 05 3. 2 4 3 .0 2 3 .8 4 4 . 60 3 .9 5 4 . 23 3 .6 4 4 . 71 4. 02 3 . 22 3 . 01 3 .8 2 4 . 57 3 .9 2 4 . 21 3. 6 3 4. 67 3.6 3 4 . 15 3. 74 3.97 3. 49 4 .4 3 3. 74 3 . 08 3. 71 3 . 08 3. 7 0 3. 0 6 3. 52 2 .9 4 NONDURABLE GOODS....................... 3. 4 3 3. 4 3 3.4 1 3. 2 4 3.5 9 3. 46 2 . 71 . 57 3 .8 6 3. 58 3 . 45 2. 72 2. 58 3.85 3. 56 3. 39 2 . 71 2 . 57 3 .8 4 3 .3 8 3 . 30 2. 56 2. 47 3. 6 2 . . -. -. 4. 4. 4. 3. 2. 46 13 93 57 71 4 . 43 4 . 12 4 .9 5 3. 56 2 . 70 4 . 39 4 . 11 4 .8 8 3. 54 2. 7 0 TRANSPORTATION ANO PUBLIC UTILITIES................................. 4 . 53 4 . 52 WHOLESALE ANO RETAIL TRADE 3. 00 Food and kindred products . . . . Tobacco manufactures................. Textile mill products. ................. Apparel and other textile products Paper and allied products............ Printing and pu b lish in g ............... Chemicals and allied producrs . . Petroleum and coal products . . . Rubber and plastics products, nec Leather and leather products. . . 2 A pr. 1972p M ar. 1972 M ay 19 7 1 $ 1 2 5 .4 9 $ 0 .7 4 1 3 2 .8 2 1 2 5 .8 3 - . 35 7. 7 4 1 8 3 . 57 1 8 4 . 02 1 8 1 . 46 1 7 1 .3 0 -.4 5 12 . 27 . 38 2 2 1 .3 0 220.20 2 1 9 .7 0 2 0 9 .0 5 1.10 12. 25 . 01 . 23 1 5 3 . 09 1 5 2 .6 9 1 5 0 .7 2 1 4 2 .0 0 .40 11. 09 . 02 . 25 1 6 6 .0 4 1 6 5 . 21 1 6 3 .5 9 1 5 3 .0 9 .8 3 12. 9 5 . 03 . 04 . . . . . . . . . 27 16 14 24 49 22 27 17 30 172 .1 8 1‘3 5 . 14 1 2 0 .8 0 1 6 2 . 15 1 9 2 . 56 1 6 2 .7 6 1 7 5 .9 6 1 4 7 .1 3 2 0 0 .5 5 1 7 1 .3 2 1 3 3 .1 6 1 6 9 .6 4 1 3 1 .7 0 1 6 0 .9 0 1 9 1 .3 6 1 6 1 .9 5 1 7 6 .8 1 1 4 7 .0 6 1 9 7 .8 2 1 5 9 .6 8 1 8 8 .7 4 1 5 9 . 15 1 7 5 . 56 1 4 6 .2 9 19 4 . 74 1 5 8 .1 2 1 2 5 .4 2 1 1 3 .7 6 1 5 1 .0 1 1 7 0 .5 7 1 5 2 .2 2 1 6 0 .7 9 1 3 8 .9 0 1 8 2 . 52 .81 -.8 5 . 07 2 . 73 14 . 06 9. 72 7-. 0 4 11. 1 4 2 1.99 10. 5 4 1 5 . 17 . 23 18. 0 3 0 . 22 . 14 1 5 2 . 97 120. 43 1 5 0 .2 6 121.66 149. H 1 2 0 .2 6 1 4 0 . 10 1 1 4 .0 7 2.71 -1 .2 3 12 .8 7 . 36 0 . 19 1 3 5 . 14 1 3 5 . 49 1 3 4 . 35 1 2 7 .0 1 - . 35 01 01 01 01 . . . . . 21 16 15 10 24 1 4 4 . 68 1 1 5 . 91 1 1 0 .8 4 91 .7 5 1 6 3 .6 6 1 4 3 .5 6 1 1 4 . 20 1 1 2 .3 4 9 2 . 62 1 6 4 . 01 111. 9 2 1 4 2 .4 0 1 1 2 .8 9 9 2 . 52 1 6 2 .8 2 1 3 6 .2 1 1 2 5 . 07 1 0 3 .9 4 8 7 . 69 1 5 2 .0 4 . 12 1.71 -1 .5 0 -.8 7 - . 35 . 47 - 9 . 16 . 90 4 .0 6 . 62 4 . 18 3.9 0 4 . 58 3. 38 2. 58 .0 3 . 01 - . 02 . 01 . 01 . . . . . 28 23 35 19 13 1 6 7 .7 0 171 .8 1 2 0 7 . 55 1 4 7 . 08 104 .6 1 211.86 1 4 5 .9 6 102. 6 0 1 6 5 . 06 1 7 1 .8 0 2 0 3 .0 1 1 4 4 .4 3 1 0 2 .3 3 1 5 7 .1 7 1 6 1 .8 5 1 94 . 65 136 .2 1 9 7 . 52 . 25 -.8 2 - 4 . 31 . 12 . 01 1 0 . 53 9 .9 6 12. 9 0 . 1 0 .8 7 7. 09 4 . 50 4. 13 . 01 . 40 1 8 2 . 56 1 8 1 .7 0 180.90 1 6 4 .3 7 .86 18 . 19 3. 00 2 .9 9 2.8 7 o . 13 1 0 4 . 70 104. 40 1 0 4 . 05 9 9 .8 8 . 30 4 .8 2 3 .8 5 .39 . 27 3.8 1 3. 12 2.88 0 .0 3 . 04 . 01 . 01 .02 . 02 . 03 .01 121.10 121.00 1 6 7 .4 5 1 7 2 .6 3 3 .8 3 2 .6 7 3. 6 7 2. 57 0 0 . 18 . 11 1 5 3 .6 2 8 9 . 51 1 5 3 .2 3 8 9 . 24 1 5 2 . 43 . 64 1 4 5 . 33 8 5 . 58 FINANCE, INSURANCE, AND REAL ESTATE.......................... 3. 4 3 3.43 3.41 3. 30 0 . 13 1 2 6 .9 1 1 2 6 .9 1 1 2 6 .5 1 1 2 1 .7 7 -SERVICES................................... 3 . 12 3 . 12 3. 11 2 .9 8 0 . 14 1 0 5 . 46 1 0 5 . 77 1 0 5 .7 4 101.02 l See footnote 1, table B-2. p - preliminary. M ay 1071 1 3 3 .9 2 2.68 3 .8 5 197 2--. $ 1 3 3 . 21 $ 1 3 2 . 47 $ 1 3 1 . 7 3 2.68 WHOLESALE TRADE.......................... RETAIL T RAD E.................................. A pr. 88 .86 1.9 8 - . 30 1 .2 5 1.20 1 1 2 0 $ 7 . 72 8 6 8. 13 8 6 11 8. 29 3 .9 3 5. 1 4 31 4. 4 4 Table B-4. Hourly Earnings Index for production or nonsupervisory workers in private nonfarm industries, seasonally adjusted (1967=100)_________________________ ___________ ___________ _______________________ ___________ ___________ ___________ ____________________________________ Industry May P 1972 Apr.P 1972 1972 Feb 1972 Jan. 1972 Dec. 1971 May 1971 Percent change over month and year Apr. 1972Mav 1972 May 1971May 1972 Total private nonfarm: Current dollars.......................................... 136.6 136.2 135.5 134.7 134.5 133.5 129.1 .3 5.8 (1967) d olla rs.......................... NA 109.6 109.2 108.6 109.0 108.5 106.9 (1) (2) Mining............................................................. 135.5 135.4 134.6 134.0 134.1 132.8 126.4 (3) 7.2 Contract construction................................... 146.4 146.2 145.0 144.2 144.1 142.7 137.4 .2 6 .5 Manufacturing................................................ 134.8 133.8 133.4 132.8 132.3 131.6 126.9 .7 6 .3 Transportation and public utilities................ 140.7 140.4 140.0 138.1 137.6 136.2 128.6 .2 9.4 Wholesale and retail tra d e ............................. 133.7 133.8 133.0 132.3 132.6 131.8 127.9 -.1 4.5 Finance, insurance, and real estate................ 132.4 132.6 131.0 130.0 130.8 129.4 127.3 - .2 4 .0 Services........................................................... 136.4 136.3 135.4 134.8 134.8 133.1 131.0 .1 4.2 Constant U 2/ Jy NA p= Percent change was 0 .4 from Mar. 1972 to Apr. 1972, the la te s t month a v a ila b le . Percent change was 2 .9 from Apr. 1971 to Apr. 1972, the la te s t month a v a ila b le . Less than 0.05 p ercen t. In d ica tes data are not a v a ila b le . Prelim inary. NOTE: A ll s e r ie s are in current d o lla rs except where in d ica te d . The index excludes e f f e c t s o f two types o f changes that are unrelated to underlying wage-rate developments: Fluctuations in overtim e premiums in manufacturing (the only s e c to r fo r which overtim e data are a v a ila b le ) and the e ff e c t s o f changes in the prop ortion o f workers in high-wage and low-wage in d u s trie s. The seasonal adjustment elim inates the e f f e c t o f changes that normally occur at the same time and in about the same magnitude each year. LABOR F OR C E , EMPLOYMENT, UNEMPLOYMENT HOUSEHOLD DATA - SEASONALLY ADJUSTED 1. LABOR FORCE AND EMPLOYMENT ________ ........... _______ c iv il ia n labor 2. TOTAL EMPLOYMENT ________ ........... ........... force TOTAL EMPLOYMENT NONAG RICULT URAL EMPLOYMENT AOULT MEN AOULT WOMEN TEE N A G E R S TMOUSANOS TMOUSANOS 50000 40000 30000 20000 10000 1963 1964 1965 1966 1967 1966 1969 1970 1971 1972 1963 1964 1965 1968 1967 1968 1969 1970 1971 1972 3. UNEMPLOYMENT 4. UNEMPLOYMENT ________ ........... _______ ________ ........... ........... A L L C I V I L I A N WORKERS F U L L - T I M E WORKERS MARRIEO MEN AOULT MEN AOULT WOMEN TE E N A G E R S TMOUSANOS 2250 2000 1 7 50 1500 1250 1000 750 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1963 1964 1965 1966 1967 1966 1969 1970 1971 1972 500 UNEMPLOYMENT RflTES HOUSEHOLD DATA - SEASONALLY ADJUSTED 5. UNEMPLOYMENT RflTES ________ ........... ........... 6. UNEMPLOYMENT RflTES ________ ........... _______ A L L C I V I L I A N WORKERS S T A T E IN S U R EO ■ MARR1EO MEN TEENAGERS ADULT WOMEN AOULT MEN P ER CEN T PERCENT 1863 1964 1965 1966 1967 1968 1969 1870 1971 1979 7. UNEMPLOYMENT RflTES ________ ........... 1963 1964 1965 1966 1967 1966 1969 1970 1971 1979 8. UNEMPLOYMENT RflTES ________ ........... NEGRO ANO OTHER R A C E S WHITE PERCENT 1963 1964 1965 1996 1967 1969 1969 1970 1971 1979 PA RT-TIM E F U LL -T IM E WORKERS WORKERS P ER C EN T 1963 1964 1965 1966 1967 1966 1969 1970 1971 1979 • State insured unemployment rate pertains to the week including the 12th of the month and represents the insured unemployed under State programs as a percent of average covered employment. The figures are derived from administrative records of unemployment insurance systems. UNEMPLOYMENT HOUSEHOLD DATA - SEASONALLY ADJUSTED 10. UNEMPLOYMENT RATES 9. UNEMPLOYMENT RATES ________ ........... _______ B L U E C O LL A R WORKERS S E R V I C E WORKERS WHITE C O LL A R WORKERS ________ ........... CO NSTR UCT IO N MANUFACTURING PERCENT PERCENT 9 .0 8.0 7 .0 6.0 5 .0 4 .0 3 .0 2.0 1963 1964 196S 1966 1967 1966 1969 1970 1971 1972 11 . AVERAGE DURATION OF UNEMPLOYMENT 1 .0 1963 1964 1965 1966 1967 1966 1969 1970 1971 1972 12. UNEMPLOYMENT BY REASON ________ ........... _______ ________ JOB LO S ER S R EEN TR A N TS NEW EN TR AN TS JOB LE A V ER S THOUSANOS WEEKS 1963 1964 1963 1966 1967 1966 1969 1970 1971 1972 1967 1966 1969 1970 1971 1972 NONflGRI CULTURAL EMPLOYMENT AND HOURS ESTABLISHMENT DATA - SEASONALLY ADJUSTED 14. MAN-HOURS 13. EMPLOYMENT ________ ........... ........... ________ TOTAL NONflGRI C UL TUR AL SER V ICE-PRO D U CIN G GOOOS-PROOUC ING MANUFACTURING M ILLIO N S TMOUSANOS 1969 1964 1965 1966 1967 1968 1968 1970 1971 1972 15. AVERAGE WEEKLY HOURS ________ ........... MANUFACTURING TOTAL P R I V A T E ________ TOTAL P R I V A T E NONAGRI C U L T U R A L ........... P R IV A T E SER V IC E-P RO O U C IN G ........... GO O OS-PRO OUCIN G ________ MANUFACTURING OF MAN-HOURS 1969 1964 1968 1966 1967 i960 1969 1970 1971 1972 16. AVERAGE WEEKLY OVERTIME HOURS IN MANUFACTURING HOURS HOURS 1969 1964 196S 1886 1967 1968 1969 1970 1971 1972 1969 1964 1965 1966 1967 I960 1969 1973 i071 N O T E : Charts 14 and 15 relate to production or nonsupervisory workers; chart 16 relates to production workers. recent months are preliminary in charts 13-16. 1972 Data for the 2 most VETERANS AND NONVETERANS * 2 0 - 2 9 YEARS HOUSEHOLD DATA - SEASONALLY ADJUSTED 17. C I V I L I AN LABOR FORCE 18. V IE T N A f l ERA V ET ER A N S NONVETERRNS ________ ........... EMPLOYED VIE TN AM ER A V E T E R A N S NONVETERANS THOUSANDS 10000 7500 5000 2500 1069 1970 1971 19. 1972 1969 20. UNEMPLOYED VIETNAM ERA NONVETERRNS 1970 1971 UNEMPLOYMENT RRTE V IETN AM ER A NONVETERANS V ET ER A N S 1972 V ET ER A N S THOUSANDS 1 2 .5 800 700 10.0 600 500 400 7 .5 300 200 5 .0 100 1969 1970 1971 1972 0 2 .5 1969 1970 1971 1976
@FedFRASER