Full text of The Employment Situation : October 1973
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NE WS U. $. DEPARTMENT OF LABOR IHUI IF UUt STATISTICS USDL - 73-535 FOR RELEASE: Transmission Embargo 10:00 A. M (EST) Friday, November 2, 1973 Washington, D. C. 20212 J. Bregger (202) 961-2633 961-2472 961-2531 K. Hoyle (202) 961-2913 home: 333-1384 THE EMPLOYMENT SITUATION: OCTOBER 1973 Employment posted another large increase in October and unemployment dropped after holding steady for several months, it was announced today by the Bureau of Labor Statistics, U. S. Department of Labor. At 4. 5 percent, the unem ployment rate was down from the 4. 8-percent plateau at which it had held since June and from the 5. 5-percent level of October 1972. Total employment (as measured by the household survey) expanded by 570, 000 in October to 85. 7 million, seasonally adjusted. larger amount in September. Employment had risen by an even Since October a year ago, total employment has grown by 3. 2 million persons, an unusually large increase for a 12-month period. The number of nonagricultural payroll jobs (as measured by the establishment survey) increased by 305, 000, seasonally adjusted, to 76. 3 million in October. was paced by a strong increase in manufacturing. This Compared with October of last ' year, payroll employment rose by 2. 7 million. Unemployment The number of unemployed persons declined 210, 000 (seasonally adjusted) in October to 4. 1 million. This decrease, combined with the strong advance in employ ment, brought the overall jobless rate to its lowest level since April 1970. Among the major demographic groups, the unemployment rate for adult women declined from 4. 8 to 4. 4 percent in October. (See table A - 3. ) In addition, there was a slight decrease in the rate for adult men, from 3. 1 to 2. 9 percent. in both groups were concentrated among 20-24 year-olds. Reductions Unemployment rates for teenagers (13. 9 percent) , household heads (2. 7 percent), and married men (2. 1 p er cent) approximated the levels they have maintained since July. However, all of these groups have improved their unemployment picture over the last year. The jobless rate for Negro workers receded from 9. 4 to 8. 3 percent in October, largely as a result of reduced unemployment among Negro teenagers. The - 2 - unemployment rate for whites, at 4.1 percent, was not significantly different from its level of the last 3 months . Compared with their year-ago levels, jobless rates for both white and Negro workers have declined substantially. With regard to the major occupational groups, the decline in unemployment in October was confined to white-collar workers (prim arily those in clerical and sales occupations) and service workers. Among the major industry categories, the most Table A. Highlights of the employment situation (seasonally adjusted data) Monthly data Quarterly averages Selected categories 1972 3rd 1973 4 th 1st 8 7 .2 8 2 .6 4 7 .3 28 .3 6 .9 4 .6 8 7 .6 8 3 .2 4 7 .5 2 8 .6 7.1 4 .4 | 2nd 3rd Aug. 1973 Sept. 1973 O ct. 1973 88 .7 84 .4 4 8 .0 29 .5 7 .0 4 .2 8 9 .4 8 5.1 48 .1 2 9 .5 7 .5 4.3 8 9 .8 8 5 .7 4 8 .4 2 9.7 7.6 4.1 4 .8 3 .1 4 .9 1 4 .3 4 .2 8.7 2 .8 2.1 4 .2 2.7 4 .8 3 .1 4 .8 1 4 .4 4.2 9 .4 2 .7 2.1 4 .2 2 .7 4 .5 2 .9 4 .4 1 3 .9 4.1 8 .3 2 .7 2 .1 4 .0 2.7 1 0 .0 9 .4 1 0 .4 7 5 .7 2 4 .2 51 .6 7 6 . Op 2 4 . 2p 5 1 . 8p 7 6 . 3p 2 4 . 3p 5 2 . Op 3 7 .0 4 0 .5 3 .7 3 7 . 2p 4 0 . 8p 3 • 8p 3 7 . Op 4 0 . 6p~ 3 . 7p 147 .6 1 0 9 .3 1 4 8 . 7p 1 0 9 . 8p (Millions of persons) Civilian labor force ......................... Total employment ..................... Adult m e n ............................. Adult wo m e n ......................... Teenagers............................... Unemployment........................... 8 6 ,9 8 2 .0 4 7 .1 2 8 .2 6.7 4 .8 8 8 .6 84.2 4 7 .7 2 9 .2 7 .3 4 .4 89 .0 8 4 .7 4 8 .1 2 9 .5 7.1 4 .2 (Percent of labor force) Unemployment rates: All workers................................. Adult men................................... Adult women............................... Teenagers................................... White ......................................... Negro and other races................. Household heads......................... Married m e n ............................... Full-time workers....................... State insured............................... 5 .6 3 .9 5 .5 1 6 .1 5 .0 9 .9 3.3 2.7 5 .0 3 .5 5 .3 3 .6 5.2 15 .6 4.7 9 .9 3 .1 2 .5 4 .8 3.1 5 .0 3 .4 5 .0 1 4 .8 4 .5 9 .0 2 .9 2 .4 4 .6 2 .9 4 .9 3 .4 4.7 1 4 .7 4 .4 9 .0 2 .9 2.3 4 .4 2.7 4 .8 3.1 4 .9 1 4 .4 4.2 9 .1 2 .7 2.1 4 .2 2 .7 (Weeks) Average duration of unemployment ............................. 12 .0 11 .6 1 0 .6 9 .9 9 .7 (Millions of persons) Nonfarm payroll employment.......... Goods-producing industries ........ Service-producing industries........ 7 3 .0 2 3 .1 4 9 .9 7 3 .8 2 3 .4 5 0 .4 7 4 .6 2 3 .7 5 0 .9 75.3 24 .0 51.3 7 5 . 7p 2 4 . 2p 5 1 . 6p (Hours of work) Average weekly hours: Total private nonfarm................. Manufacturing............................. Manufacturing overtim e............. 3 7 .2 4 0 .7 3 .5 3 7 .2 4 0 .7 3.7 37 .1 4 0 .7 3 .8 3 7 .2 4 0 .7 3 .9 37. Ip 4 0 . 7p 3 .8 p (1967=100) Hourly Earnings Index, private nonfarm: In current dollars ....................... In constant dollars....................... p= preliminary. N .A ." not available. 1 3 8 .6 110.2 1 4 1 .0 1 1 1.1 142.7 1 1 0 .8 1 45.0 1 10.3 1 4 7 . 7p 1 1 0 . Op S O U R C E : Tables A-1, A-3, A-4. B-1, B-2, and B-4. 1 4 9 . 5p NA - 3 - prominent change in unemployment was a further decline in the rate for manufactur ing workers, particularly those in durable goods. The jobless rate for all manu facturing workers reached its lowest point since the end of 1969. The unemployment rate for the most recently discharged Vietnam Era veterans (20-24 year-olds) was 8. 0 percent in October, little changed over the month and still higher than the rate for nonveterans of the same ages (5. 7 percent) . In contrast, jobless rates for veterans 25 to 29 (3. 2 percent) and 30 to 34 (2. 6 percent) were lower than in September and were not materially different from the rates of their nonveteran counterparts. Over the past year,' there has been a decline in the unemployment rates of 20-24 and 25-29 year-old veterans. (See table A - 7.) The unemployment rate for workers covered by State unemployment insurance programs, at 2. 7 percent in October, has been about the same since April. Nearly the entire decline in total unemployment took place among those who had been seeking work for a month or less. (See table A -4 .) Prim arily as a result, the average (mean) duration of unemployment rose from 9. 4 weeks in September to 10. 4 weeks in October, following a drop in the previous month. The proportion of jobless persons who had lost their last job showed a substan tial decline in October. (See table A - 5.) The number of such persons dropped below 1. 5 million, its lowest level since February 1970. Civilian Labor Forca and Total Employment The civilian labor force rose by 360, 000 in October (seasonally adjusted) following an even larger increase in September (750, 000) . While teenagers accounted for most of the increase in September, adult men made up the bulk of the October expansion. (See table A - l. ) Employment also rose considerably for the second straight month, advancing by 570, 000, seasonally adjusted, to 85.7 million. Adult men accounted for over 300, 000 of this increase, with the balance divided about equally between teenagers and adult women. Since October a year ago, total employment has risen by 3. 2 million persons; adult women made up 1. 4 million of this gain, with adult men (1. 2 million) and teenagers (660, 000) accounting for the remainder. Industry Payroll Employment Nonagricultural payroll employment continued its strong expansionary trend, rising by 305, 000 to a seasonally adjusted level of 76. 3 million in October. the year, payroll jobs have increased by 2. 7 million. (See table B - l.) Over - 4 - An October increase of 105, 000 in the number of goods-producing jobs occurred exclusively in manufacturing, with the durable goods industries continuing to account for most of the advance. in 4 months. This represented the first employment gain for the industry The 200, 000-job growth in the service-producing industries reflected sizeable gains in trade, services, and transportation and public utilities. Over the past year, the goods-producing sector has added 940, 000 jobs, while service-produc ing employment has grown by nearly 1. 8 million. Hours of Work The average workweek for production or nonsupervisory workers on nonagricultural payrolls declined by 0. 2 hour in October, after seasonal adjustment, to 37. 0 hours. (See table B-2.) While declines took place in nearly every industry division, the average workweek has been in the 37. 0-37. 2 hour range since early this year. In manufacturing, the workweek was also down 0. 2 hour in October to 40. 6 hours. With the exception of a few industries (notably primary metals and transporta tion equipment) , the decline in hours was pervasive throughout the manufacturing industries. Factory overtime hours were 3. 7 in October, little changed from the levels held in recent months after declining from the 4. 1-hour peak reached in the spring. Hourly and Weekly Earnings Average hourly earnings of production or nonsupervisory workers on nonagricultural payrolls rose 0. 8 percent from September to October, seasonally adjusted. October a year ago, hourly earnings have risen by 6. 7 percent. Since Weekly earnings rose 0. 2 percent from September to October (seasonally adjusted) and have advanced by 5. 8 percent from their year-earlier level. Before adjustment for seasonality, average hourly earnings increased by 1 cent in September to $3. 99. risen by 25 cents. (See table B-3. ) Since October 1972, hourly earnings have Weekly earnings averaged $147. 63 in October, down 82 cents from September but $8. 13 above a year earlier. Hourly Earnings Index The Hourly Earnings Index--earnings adjusted for overtime hours in manufac turing, seasonality, and the effects of changes in the proportion of workers in highwage and low-wage industries--was 149. 5 (1967=100) in October, 0. 5 percent higher than in September, according to preliminary figures. 6. 5 percent above October a year ago. (See table B -4 .) The index was A ll industries recorded gains over the year, - 5 - ranging from 5. 2 percent in finance, insurance, and real estate to 8. 4 percent in mining. During the 12-month period ended in September, the Hourly Earnings Index in dollars of constant purchasing power declined 0. 6 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 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 in the BLS publication Employment and Earnings. TabU A-1: Em ploym aitt status off tka n o n in stitu tio n a l p o p u la tio n b y sa x a n d a g o (In thousands) Seasonally adjusted Employment status, age, and sex O c t. 1973 O c t. 1972 J u ly 1973 A u g. 1973 S e p t. 1973 O c t. 1973 9 2 ,0 4 6 8 9 ,7 5 7 8 5 ,9 9 4 8 9 ,6 5 1 8 7 ,2 3 6 8 2 ,3 9 7 3 ,6 5 8 7 8 ,7 3 9 2 ,2 6 4 1 ,0 2 7 1 ,2 3 7 4 ,8 3 9 9 1 ,1 2 1 8 8 ,8 1 0 8 4 ,6 1 4 9 0 ,9 5 8 8 8 ,6 5 1 8 4 ,4 3 4 3 ,5 1 6 8 1 ,0 9 8 2 ,4 1 4 1 ,1 9 2 1 ,2 2 2 4 ,1 9 6 3 ,4 4 3 8 0 ,9 9 1 2 ,2 9 9 1 ,1 9 0 1 ,1 0 9 4 ,2 1 7 9 1 ,6 9 4 8 9 ,4 0 3 8 5 ,1 2 7 3 ,3 7 0 8 1 *757 2 ,3 1 8 1 ,0 9 0 1 ,2 2 8 4 ,2 7 6 8 5 ,6 9 5 3,4 7 1 8 2 ,2 2 4 2 ,361 1 ,0 9 8 1,263 4 ,0 6 9 4 9 ,1 6 2 4 7 ,2 2 7 4 9 ,6 4 6 4 8 ,1 4 0 2 ,4 7 6 4 5 ,6 6 4 1 ,5 0 6 4 9 ,5 2 8 4 7 ,9 7 9 2 ,4 9 1 4 5 ,4 8 8 1 ,5 4 9 4 9 ,6 6 7 4 8 ,1 3 2 2 ,4 6 2 4 5 ,6 7 0 1 ,5 3 5 4 9 ,9 1 8 4 8 ,4 4 6 2 *488 4 5 ,9 5 8 1 ,4 7 2 2 9 ,9 3 1 2 8 ,2 8 1 585 2 7 ,6 9 6 1 ,6 5 0 3 1 ,0 1 7 2 9 ,4 9 9 620 2 8 ,8 7 9 1 ,5 1 8 3 0 ,9 9 2 2 9 ,4 8 6 556 2 8 ,9 3 0 1 ,5 0 6 3 1 ,0 2 3 2 9 ,5 3 8 505 2 9 ,0 3 3 1 ,4 8 5 3 1 ,0 3 3 2 9 ,6 6 0 530 2 9 ,1 3 0 1,3 7 3 O c t. 1972 S e p t. 1973 8 9 ,5 9 1 8 7 ,1 7 6 8 2 ,7 0 7 3 ,7 2 1 7 8 ,9 8 6 2 ,0 6 6 980 1 ,0 8 6 4 ,4 7 0 8 9 ,0 0 6 8 4 ,8 4 1 3 ,4 3 6 8 1 ,4 0 6 2 ,2 1 8 1 ,1 2 6 1 ,0 9 2 4 ,1 6 5 4 9 ,0 7 5 4 7 ,4 3 1 2 ,7 0 3 4 4 ,7 2 9 1 ,6 4 3 4 9 ,7 3 8 4 8 ,4 2 6 2 ,5 2 8 4 5 ,8 9 8 1 ,3 1 2 3 0 ,4 3 3 2 8 ,7 5 2 645 2 8 ,1 0 8 1 ,6 8 0 3 1 ,0 9 9 3 1 ,5 4 7 2 9 ,4 5 5 539 2 8 ,9 1 7 1 ,6 4 4 3 0 ,1 5 1 584. 2 9 ,5 6 7 1 ,3 9 6 ‘ Total Total labor force . ............................................... Civilian labor force ............................................ E m ployed............................................................ A gricu ltu re.................. .................................... Nonagricultural in d u s trie s ............................. On part time for economic r e a s o n s ............. Usually work fu ll tim e ............................... Usually work part t i m e ............................. Unemployed. . ................................................. 9 1 ,2 9 8 3 ,5 2 5 8 2 ,4 6 9 2 ,1 5 4 1 ,0 4 6 1 ,1 0 8 3 ,7 6 3 92,0 5 3 8 9 ,7 6 4 Aten, 20 years and over C ivilian labor force............................................... Employed ............................................................ A gricu ltu re....................................... ............... Nonagricultural in d u s trie s ............................. Unemployed......................................................... 4 9 ,9 0 2 4 8 ,6 5 4 2 ,5 5 8 4 6 ,0 9 6 1 ,2 4 8 2 ,6 3 0 4 4 ,5 9 7 1 ,9 3 5 Women, 20 years and over C ivilian labor force ............................................. E m p loyed ............................................................ A g ricu ltu re....................................................... Nonagricultural in d u s trie s ............................. Unemployed.......................................................... Both sexes, 16-19 years Civilian labor fo rc e ............................................... E m p loyed ........................................................... A gricu ltu re .................................................... .. Nonagricultural industries ............................. Unemployed............................................... .. . . . T a b U A-2: 7 ,6 6 9 8 ,1 6 9 6 ,9 6 0 369 8 ,3 0 8 7 ,1 8 9 382 8 ,1 4 3 6 ,8 8 9 443 8 ,1 4 7 6 ,5 2 3 373 6 ,9 7 5 420 8 ,1 3 1 6 ,9 6 9 396 8 ,7 1 3 7 ,4 5 7 403 8,8 1 3 7 ,5 8 9 453 6 ,1 5 0 1 ,1 4 6 6 ,5 9 1 1 ,2 1 0 6 ,8 0 7 1 ,1 1 9 6 ,4 4 6 1 ,2 5 4 6 ,5 5 5 1 ,1 7 2 6 ,5 7 3 1 ,1 6 2 7 ,0 5 4 1 ,2 5 6 7 ,1 3 6 1 ,2 2 4 Full- and part-fin* a status off tka civilian labor fforca b y sax and aga (Numbers in thousands) Seasonally adjusted Full* and part-time employment status, sex, and age O c t. O c t. 1973 J u ly 1973 A u g. 1973 S e p t. 1973 O c t. 1972 June 1972 1973 O c t. 1973 E m p loyed .......................................................... Unemployed....................................................... Unemployment r a t e .......................................... 7 3 ,8 8 5 7 0 ,6 5 2 3 ,2 3 3 4 .4 7 5 ,7 9 2 7 3 ,1 4 7 2 *6 4 5 3 .5 7 4 ,6 8 8 7 0 ,9 4 7 3 ,7 4 1 5 .0 7 6 ,1 8 1 7 2 ,9 8 4 3 ,1 9 7 4 .2 7 5 ,9 6 3 7 2 ,8 4 7 3 ,1 1 6 4 .1 7 5 ,8 2 1 7 2 ,6 3 7 3 ,1 8 4 4 *2 7 6 ,0 5 6 7 2 ,8 3 7 3 *2 1 9 4 .2 7 6 ,6 4 9 7 3 ,5 7 6 3 ,0 7 3 4 .0 lien , 20 years and over: C ivilian labor fo rc e ............................................. E m p lo yed .......................................................... U n e m p lo y e d ............................................. Unemployment r a t e ....................................... 4 6 ,5 2 7 4 5 ,0 6 0 1 ,4 6 6 3 .2 4 7 ,2 4 9 4 6 ,1 6 2 1 ,0 8 7 2 .3 4 6 ,7 4 9 4 4 ,9 7 1 1 ,7 7 8 ‘ 3 .8 4 7 ,1 5 9 4 5 ,7 2 5 1 ,4 3 4 3 .0 4 7 ,2 3 5 4 5 ,8 9 8 1 ,3 3 7 2 .8 4 7 ,1 8 3 4 5 ,7 9 8 1 ,3 8 5 2 .9 4 7 ,2 3 3 4 5 ,8 8 9 1 ,3 4 4 2 .8 4 7 ,4 3 5 4 6 ,1 1 6 1 ,3 1 9 2 .8 2 3 ,4 4 3 2 2 ,1 6 6 1 ,2 7 7 5 .4 2 4 ,2 5 9 2 3 ,0 7 8 1,1 8 1 4 .9 2 4 ,2 5 6 2 3 ,0 9 4 2 4 ,2 5 1 2 3 ,0 8 2 2 4 ,1 0 7 5 .3 2 4 ,4 7 6 2 3 ,4 2 0 1 ,0 5 6 4 .3 1 ,1 6 2 4 *8 1 ,1 6 9 4 .8 2 3 ,2 3 2 2 3 ,1 6 5 1 ,067 4 .4 1 3 ,2 9 2 1 2 ,0 5 4 1 3 ,9 6 5 1 2 ,8 4 7 1 2 ,5 5 9 1 2 ,4 5 6 1 1 ,3 8 6 1 2 ,5 3 8 1 1 ,4 8 9 1 ,2 3 7 9 *3 1 ,1 1 8 1 1 ,4 9 5 1 ,0 6 4 8 .0 8 .5 1 ,0 7 0 8 .6 1 ,0 4 9 8 .4 Full time Total, 16 years and over: Civilian labor fo rc e ............................................. Women, 20 years and over: C ivilian labor fo rc e ............................................. E a p lo y e d .......................................................... U n e m p lo y e d .................................................... Unemployment cate .......................................... 2 3 ,6 9 5 2 2 ,4 3 0 1 ,2 6 6 2 2 ,9 5 8 1 ,1 4 9 4 .8 Fart flaw Total, 16 yearn and o ven Civilian labor fo r c e ............................................. Employed......................................... Unemployed............... ....................... NOTIt N o on 1 2 ,8 2 4 1 3 ,5 1 9 1 1 ,7 5 5 1 ,0 6 9 1 2 ,4 4 7 1 3 ,2 1 4 1 2 ,2 5 9 1 ,0 7 2 7 .9 7 .3 8 .3 960 part-time schedules far economic renooos me included in the fullrtime employed category; unemployed persoos me sllocmed by sOmber seeking full- or Table A-3: Major unemployment indicators (Seasonally adjuster!) Number of persons (In thousands) Unemployment rates Selected categories O c t. L972 O c t. 1973 Total (all civilian workers)........................................ Men, 20 years and o v e r ........................................ Women. 20 years and over.................................... Both sexes, 16-19 years........................................ 4 ,8 3 9 1 ,9 3 5 1 ,6 5 0 1 ,2 5 4 4 ,0 6 9 1 ,472 1 ,3 7 3 1 ,2 2 4 W h ite .................................................................. Negro and other races.......................................... 3 ,8 9 9 964 3 ,2 3 7 Household heads...................................................... Married m e n ............................................................ Full-time w ork ers.................................................... Part-time workers...................................................... Unemployed 16 weeks and over1.............................. State insured2 .......................................................... Labor force time lost3 .............................................. 1 ,7 2 2 1,101 3 ,7 4 1 1 ,0 6 4 1 j 1 17 1,392 838 3 ,0 7 3 960 776 1 ,6 4 2 1 ,7 2 0 846 — . O c t. 1972 June 1973 J u ly 1973 A u g. 1973 S e p t. 1973 O c t. 1973 5 .5 3 .9 4 .8 3 .2 4 .9 4 .7 3 .0 4 .9 1 4 .4 4 .8 3 .1 4 .9 1 4 .3 4 .8 3 .1 4 .8 1 4 .4 4 .5 2 .9 4 .4 1 3 .9 4 .2 8 .7 4 .2 9 .4 4.1 2 .8 2.1 4 .2 8 .3 .9 2 .7 5 .2 2 .7 2 .7 2 .1 4 .2 7 .9 .9 2 .7 5.1 2.1 4 .0 7 .3 .9 2 .7 5 .0 3 .0 2 .3 1.2 3 .9 4 .2 5 .2 3 .8 5 .5 8 .2 5 .5 2 .6 2 .9 2 .3 1 .2 3 .6 4 .2 5.1 3 .7 5 .2 8 .1 5 .8 2 .4 2 .7 2 .2 1 .5 3.1 3 .6 5.1 3 .6 5 .3 8 .0 5.1 2 .3 4 .7 8 .2 4 .1 4 .8 9 .9 4. 5 9.1 3 .7 5 .5 1 5 .4 13 .3 5 .0 1 0 .0 4 .3 8 .5 4.1 3 .4 2 .9 2 .8 5 .0 8 .5 1.3 3 .2 5 .8 2 .3 4 .2 8 .6 .9 2 .8 2 .7 2.1 4. L 8 .4 5.L 5 .2 3 .5 2 .6 2 .0 4 .4 4 .8 2 .8 1 .9 L. 4 3 .4 4.1 2 .9 1 .9 6 *0 4 .1 6 .3 9 .3 6 .4 2 .9 5 .3 3 .5 5 .7 8 .7 5 .6 10.3 5. L 4 .5 5 .8 3 .3 6 .5 5 .0 3 .0 1 0 .0 4. 7 7 .9 4 .4 3 .7 9 .3 .8 2 .7 8 .3 Occupation4 White-collar w orkers................................................ Professional and technical.................................... Managers and administrators, except fa r m .......... Sales workers........................................................ Clerical w o rk ers.................................................. Blue-collar w orkers.................................................. Craftsmen and kindred workers............................ Operatives............................................................ Nonfarm laborers................................................ Service w orkers........................................................ Farm w ork eis.......................................................... 1 ,4 4 6 304 166 252 724 1,8 3 7 1 ,1 2 6 274 465 920 452 755 98 131 172 549 1 ,6 2 6 416 616 394 615 73 3 ,5 3 7 2 ,9 2 9 450 1 ,0 4 5 539 506 156 1,0 0 3 866 416 137 415 818 469 349 138 821 720 383 92 5 .0 2 .6 1 .5 3 .6 4.1 5 .3 4.1 5 .3 8 .2 5 .6 1 .9 Industry4 Nonagricultural private wage and salary workers3 . . . Construction.................................. ...................... Manufacturing...................................................... Ourable goods.................................................. Nondurable g o o d s .......................................... Transportation and public utilities...................... Wholesale and retail trade.................................... F mance and service industries ............................ Government workers................................................ Agricultural wage and salary workers ...................... 5.3 3 .6 5 .2 4 .0 2 .6 6 .8 4 .7 9 .r 3 .8 3 .3 4 .5 2 .7 6 .0 4 .0 3 .0 5 .0 3 .0 4 .8 3.1 6 .0 4. L 2 .7 7 .6 4 .2 4 .1 4 .4 2 .9 5 .6 3 .9 3 .0 5 .8 3 .6 3 .9 2 .9 5 .2 4.1 2 .7 6 .8 1 Unemployment rate calculated at a percent of civilian labor force. 2 Insured unemployment under State programs-unemployment rate calculated as a percent of average covered employment. As 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. s Includes mining, not shown separately. Table A-4: Unemployed persons 16 years and over by duration of unemployment (Numbers m thousands) Seasonally adiusted Duration of unemployment S e p t. 1973 O c t. 1973 O cc. 1972 O c t. 1973 O c t. 1972 June 1973 J u ly 1973 Au g. 1973 Less than 5 w eek s .................................................... 5 to 14 weeks ........................................................ 15 weeks and o v e r.................................................. 15 to 26 w eeks.................................................... 27 weeks and over................................................ 2 ,1 9 7 1,923 L , 17 0 2 ,2 3 9 2 ,2 4 0 2 ,1 6 7 1 ,9 6 0 1,208 670 375 295 2 ,2 3 3 1,202 775 45 J 322 2 ,2 1 3 l ,455 1,1 1 7 589 528 750 482 268 1,2 0 5 796 457 339 1,351 778 489 289 1 ,303 776 439 337 Average (mean) duration, m w e e k s .......................... 1 1 .3 9 .8 1 1 .9 9 .8 9 .6 1 0 .0 9 .4 1 0 .4 1 ,3 0 8 965 502 463 Table A-5: Unemployed persons by reason for unemployment (Numbers in thousands) S ea so n a lly adjusted Reason for unemployment O c t. 1972 O c t. 1973 O c t. 1972 June 1973 J u ly 1973 A u g. 1973 1,6 5 1 708 1 ,9 8 8 685 1 ,713 659 1 ,5 8 4 1 ,6 5 9 666 1,467 671 1 ,3 0 8 637 1 ,2 3 6 604 S e p t. 1973 O c tl 1973 L eft last j o b .......................................................... Reentered labor f o r c e .......................................... 1 ,5 0 8 1 ,2 1 8 692 1 ,2 8 4 Never worked b e fo r e ............................................. 603 570 1 ,4 5 0 638 1 ,2 0 3 620 1 ,3 0 1 629 1 ,6 0 9 631 1 ,381 597 Total unemployed.................................................. 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 Lost last j o b ..................................................... L e ft last j o b ..................................................... 3 2 .4 1 8 .4 3 4 .1 4 1 .8 1 4 .4 4 0 .8 15 .7 2 8 .7 3 7 .9 1 5 .9 3 8 .1 1 5 .0 3 2 .7 Never worked before.......................................... 1 3 .5 15 .1 3 8 .9 1 5 .6 3 0 .6 1 4 .9 3 6 .9 1 6 .9 Reentered labor fo rc e ........................................ 3 6 .9 1 5 .8 3 3 .7 1 .9 .8 1 .7 .7 1 .4 .8 1 .4 Lost last j o b .......................................................... 663 Percent distribution 3 0 .5 1 3 .4 3 1 .1 1 5 .1 1 4 .8 1 4 .2 31 .1 15 .2 Unemployed os a percent of the civilian labor force L o st last j o b .......................................................... L e ft lest j o b .......................................................... Reentered labor force............................................. Never worked b e fo r e ............................................. .6 Tabla A-6: Thousands o f persons A g e and sex 1 .9 .7 1 .4 .7 2 .3 .8 1 .7 .7 1 .8 .7 1 .5 .7 1 .8 .7 1 .6 .7 1 .9 .7 L .6 i7 1 .4 .7 1 .5 .7 Unemployed persons by age and sex P ercen t looking for full-tim e work S ea son a lly adjusted unemployment rates O c t. S o p t. 1973 O c t. L973 O c t. 1973 T o ta l, 16 y ears and o v e r ................................ 4 ,4 7 0 3 ,7 6 3 7 0 .3 5 .5 4 .8 4 .7 4 .8 4 .8 4 .5 16 to 19 y e a r s ................................................. 16 and 17 y e a r s ........................................ 1 ,1 4 6 551 595 1 ,0 7 6 2 ,2 4 7 1 ,7 9 0 . 458 1 ,1 1 9 4 4 .9 1 5 .4 1 4 .4 1 ,8 3 0 1 ,4 8 7 342 2 2 .0 6 8 .6 8 0 .7 8 1 .3 8 2 .4 7 6 .6 1 7 .6 1 3 .7 9 .2 3 .6 3 .6 3 .4 3 .2 3 .3 2 .6 1 6 .3 1 2 .7 8 .0 3 .0 3 .0 2 .8 1 4 .3 1 6 .5 1 2 .7 7 .9 3 .0 3.1 2 .8 1 4 .4 1 6 .9 1 2 .8 7 .9 2 .9 3 .0 2 .6 1 3 .9 572 547 814 1 3 .3 1 7 .2 1 0 .0 7 .7 1 6 .3 1 2 .0 6 .6 2 .9 2 .9 2 .7 M ales, 16 years and o v e r ................................ 2 ,2 2 7 1 ,8 1 9 7 3 .9 4 .8 4 .1 3 .9 4 .0 3 .9 3 .9 16 to 19 y e a r s ................................................. 16 and 17 y e a r s ......................................... 18 and 19 y e a r s ......................................... 584 299 571 307 264 397 4 5 .2 2 7 .0 6 6 .3 8 0 .6 9 0 .1 9 4 .9 1 4 .5 17.1 1 2 .8 1 6 .7 9 .6 7 .4 1 4 .0 1 6 .5 1 1 .4 14 .1 1 6 .2 1 2 .4 7 .4 2 .4 2 .4 1 3.7 13 .2 1 5 .8 7 6 .5 3 .5 18 and 19 y e a r s ........................................ 20 to 24 y e a r s ................................................. 25 years and o v e r ......................................... 25 to 54 y e a r s ........................................... 55 y ears and o v e r ...................................... 20 to 24 y e a r s ................................................. 25 y ears and o v e r ......................................... 285 542 1 ,1 0 1 814 O c t. 1973 1972 1 2 .5 8 .8 3 .1 2 .9 June! 1973 A u g. 1973 O c t. 1972 2 .5 2 .5 2 .8 #u! y 1973 6 .9 2 .4 1 5 .2 1 2 .8 7 .0 2 .4 1 1 .0 6 .1 2 .4 2 .3 2 .8 2 .2 2 .8 287 851 630 221 F em a les, 16 years and o v e r .......................... 2 ,2 4 3 1 ,9 4 5 6 6 .8 6 .7 5 .9 5 .9 5 .9 6 .0 16 to 19 y e a r s ................................................. 16 and 17 y e a r s ......................................... 18 and 19 y e a r s .......................... ... . . . . 20 co 24 y e a r s ................................................. 25 y ea rs and o v e r ......................................... 25 to 54 y e a r s ............................................ 55 y e a rs and o v e r ...................................... 563 253 310 534 548 266 4 4 .5 1 6 .2 7 0 .7 1 6 .6 1 8 .4 1 3 .9 1 7 .7 1 0 .4 1 4 .9 1 5 .9 1 4 .5 1 6 .7 1 5 .3 1 4 .7 13.1 8 .6 4 .0 4 .3 3 .2 1 9 .0 1 2 .8 8 .9 3 .8 4 .1 2 .4 17.1 1 4 .2 9 .4 3 .9 25 to 54 y e a r s ........................................... 55 yea rs and o v e r ...................................... ■ 1 ,1 4 6 974 171 283 418 979 857 121 8 0 .6 7 3 .4 7 3 .0 7 6 .9 1 5 .2 9 .7 4 .5 4 .8 3 .2 8 .0 4 .2 4 .7 2 .4 2 .3 2 .9 4 .3 2 .6 2 .6 5. fc L3.1 7 .3 3 .7 4 .0 2 .4 Table A-7: Employment status of male Vietnam Era veterans and nonveterans 20 to 34 years of age INumben in thouandil Seasonally adjusted Employment status O c t. 1972 S e p t. O c t. 1973 1973 4 ,6 2 4 4 ,7 0 6 4 ,3 7 4 O c t. 1972 June J u ly Aug. S e p t. O c t. 1973 1973 1973 1973 1973 4 ,7 1 6 4 ,6 2 4 4 ,4 0 7 4 ,2 3 3 174 4 ,3 1 0 4 ,0 2 6 284 6 .6 4 ,6 8 7 4 ,3 4 3 4 ,1 0 0 243 5 .6 4 ,6 9 5 4 ,3 7 6 4 ,1 1 0 266 6 .1 4 ,7 0 6 4 ,3 4 1 3 .9 4 ,6 8 2 4 ,3 8 0 4 ,1 1 8 262 6 .0 1 ,5 7 7 1 ,8 8 5 1 ,7 0 9 1 ,5 4 3 166 9 .7 1 ,6 8 1 1 ,6 5 2 1 ,4 7 0 1 ,6 2 6 1 ,4 5 8 1 ,5 7 7 1 ,4 4 4 1 ,3 4 7 123 8 .4 1 ,3 1 1 147 1 0 .1 1 ,6 0 2 1 ,4 3 0 1 ,3 2 1 109 7 .6 3 ,0 3 5 2 ,8 7 3 2 ,7 5 3 120 4 .2 3 ,0 6 9 2 ,9 1 8 2 ,7 9 9 119 4 .1 3 ,1 0 4 2 ,8 2 9 2 ,7 3 0 99 3 .5 2 ,9 1 1 2 ,7 8 6 125 4 .3 3 ,1 3 9 2 ,9 7 6 2 ,8 8 2 94 1 ,0 6 0 1 ,0 1 8 999 19 1 .9 1 ,0 8 9 1 ,0 7 7 1 ,0 3 2 45 4 .2 1 ,1 1 7 1 ,0 9 5 1 ,0 6 6 29 2 .6 1 0 ,9 1 4 1 0 ,9 6 7 9 ,7 1 9 9 ,2 4 2 VETERANS' Total, 20 to 29 yean Civilian noninstitutional population 3 ................................ Civilian labor force ........................................ Em ployed................................................................ Unem ployed............................................................ Unemployment rate ................................................ 4 ,2 8 1 4 ,0 4 5 236 5 .5 4 ,1 6 9 205 4 .7 4 ,1 0 7 234 5 .4 4 ,7 1 6 4 ,4 2 0 4 ,2 1 1 209 4 .7 20 to 24 years Civilian noninstitutional population2 ................................ Civilian labor force ...................................................... Em ployed................................................................ Unem ployed............................................................ Unemployment rate ................................................ 1 ,8 8 5 1 ,6 7 8 1 ,5 4 1 137 8 .2 1 ,6 0 2 1 ,4 4 6 1 ,3 5 0 96 6 .6 1 ,4 2 3 1 ,3 2 8 95 6 .7 1 ,5 5 1 1 ,3 8 8 163 1 0 .5 1 ,3 2 9 115 8 .0 25 to 29 years 2 ,7 3 9 3 ,1 0 4 2 ,6 0 3 2 ,5 0 4 2 ,9 2 8 3 ,1 3 9 2 ,9 8 4 2 ,8 1 9 109 3 .7 2 ,9 0 5 79 2 .6 2 ,7 3 9 2 ,6 0 1 2 ,4 8 3 118 4 .5 1 ,0 8 9 1 ,0 6 9 1 ,0 4 1 28 2 .6 1 ,1 1 7 1 ,0 9 7 1 ,0 6 9 28 2 .6 777 752 731 21 2 .8 1 ,0 0 3 983 960 1 ,0 3 1 1 ,0 0 5 990 23 2 .3 15 1 .5 1 0 ,2 0 9 8 ,8 6 2 8 ,3 3 1 531 6 .0 1 0 ,9 1 4 1 0 ,9 6 7 9 ,6 1 9 1 0 ,2 0 9 8 ,9 6 2 5 .3 8 ,3 7 7 585 6 .5 5 .6 1 0 ,7 9 7 9 ,4 3 7 8 ,9 0 6 531 5 .6 1 0 ,8 5 3 9 ,4 4 4 9 ,1 8 7 432 4 .5 1 0 ,7 4 5 9 ,3 9 0 8 ,8 6 6 524 6 ,1 9 4 6 ,7 7 0 6 ,8 1 2 6 ,1 9 4 5 ,0 5 3 4 ,6 4 8 5 ,6 0 7 5 ,2 4 3 364 5 ,6 6 3 5 ,3 6 1 302 5 ,1 5 8 4 ,7 1 9 439 6 ,6 2 9 5 ,4 9 9 6 ,6 7 5 5 ,5 2 0 6 ,7 1 8 5 ,5 2 1 5 ,1 3 5 364 5 ,1 3 7 384 6 .5 5 .3 8 .5 6 .6 5 ,1 6 5 355 6 .4 6 ,7 7 0 5 ,5 9 9 5 ,2 3 3 366 7 .0 6 .5 5 ,4 4 3 327 5 .7 4 ,0 1 5 3 ,8 0 9 3 ,6 8 3 126 3 .3 4 ,1 4 4 3 ,9 3 9 3 ,7 9 3 146 3 .7 4 ,1 5 5 3 ,9 5 6 3 ,8 2 6 130 3 .3 4 ,0 1 5 3 ,8 0 4 3 ,6 5 8 146 3 .8 4 ,1 1 6 3 ,8 9 1 3 ,7 3 1 160 4 .1 4 ,1 2 2 3 ,9 1 7 3 ,7 4 1 176 4 .5 4 ,1 3 5 3 ,9 2 3 3 ,7 4 2 181 4 .6 4 ,1 4 4 3 ,9 3 8 3 ,7 7 4 164 4 .2 4 ,1 5 5 3 ,9 4 9 3 ,7 9 9 150 3 .8 3 ,4 4 7 3 ,3 1 3 3 ,2 3 0 3 ,6 4 5 3 ,5 1 0 3 ,4 4 8 3 ,4 4 7 3 ,3 1 1 3 ,2 1 8 3 ,6 2 1 3 ,5 1 6 3 ,4 4 6 70 2 .0 3 ,6 3 3 3 ,5 0 4 3 ,4 2 0 84 2 .4 3 ,6 5 9 3 ,5 2 7 3 ,4 5 6 62 1 .8 3 ,5 9 9 3 ,4 8 0 3 ,4 0 6 74 3 ,6 4 5 3 ,5 0 4 83 2 .5 3 ,6 5 9 3 ,5 3 4 3 ,4 7 0 64 Civilian noninstitutional population2 ................................ Civilian labor force ...................................................... E m ployed................................................................ Unem ployed............................................................ Unemployment rate ................................................ 99 3 .8 3 ,0 0 1 3 .2 Total, 30 to 34 years Civilian noninstitutional population3 .......................... Civilian labor force ...................................................... Employed .............................................................. Unem ployed............................................................ Unemployment rate ................................................ 777 753 733 20 2 .7 NONVETERANS Total. 20 to 29 years Civilian noninstitutional population3 ................................ Civilian labor force ...................................................... E m ployed................................................................ Unem ployed............................................................ Unemployment rate ................................................ 9 ,5 4 6 9 ,0 3 6 510 8 ,8 7 9 565 6 .0 9 ,5 3 7 9 ,0 0 7 530 5 .6 477 4 .9 20 to 24 yean Civilian noninstitutional population3 ................................ Civilian labor force ...................................................... Em ployed................................................................ Unem ployed............................................................ Unemployment rate ................................................ 405 8 .0 6 ,8 1 2 5 ,7 7 0 25 to 29-yaan Civilian noninstitutional population 3 ................................ Civilian labor force ...................................................... E m ployed................................................................ Unem ployed............................................................ Unemployment rate ................................................ Total, 30 to 34 yean Civilian noninstitutional population2 ................................ Civilian labor force ...................................................... E m ployed................................................................ Unem ployed............................................................ Unemployment rate .............................................. .1 1 V ie tn a m E ra v e t e r a n s a r e t h o s e who s e r v e d a f t e r cent a r e 20 t o 29 y e a r s o f a g e and 17 p e r c e n t a r e ta b le . 2 S in c e season al v a r ia tio n s a d ju s t e d c o lu m n s . are not p re s e n t in 1 .8 93 2 .8 2 .1 3 ,4 2 7 77 2 .2 71 2 .0 A u g u st 4 , 19 6 4 . A t p r e s e n t , o f t h e V ie tn a m E ra v e t e r a n s o f a l l a g e s , 73 p e r 30 t o 34 y e a r s o f a g e . P o s t - K o r e a n - p e a c e t im e v e t e r a n s a r e n o t in c lu d e d i n t h i s th e p o p u la t io n f i g u r e s , id e n t ic a l num bers a p p e a r in t h e u n a d ju s t e d and s e a s o n a l l y Table B -l: Employees on nonagricultural payrolls, by industry, (In thousands) Seasonally adjusted Change from Oct. 1972 Aug. 1973 Sept,, 1973p Oct. 197 3P TOTAL..................... 74,118 75,686 76,251 76,830 2, 712 GOODS-PROBUCING 23,750 24,647 24, 706 24, 692 609 648 641 3,782 3,981 19.359 14, 225 Change fr Aug. 1973 Sept-D 1973p Oct. 1973p 579 75, 747 75,972 76,277 305 942 -14 24,171 2 4 ,2 0 3 24,308 105 639 30 -2 634 633 638 5 3,938 3,918 136 -20 3,676 3,694 3, 689 -5 20,018 14, 727 20,127 14,844 20,135 14,850 776 625 8 6 19,861 14,611 19.876 14,607 19,981 14,705 105 98 11,165 8, 173 11.676 8, 560 11,803 8,686 11,847 8, 727 68 2 554 44 41 11,692 8, 597 11,707 8,600 11,793 8, 678 86 78 190.5 623. 1 508.6 679.4 1,255.0 1,403.0 1,899.4 1,889.4 1,801.6 466.4 448.9 192. 3 650.6 530.3 711.5 1, 326. 1 1,457.2 2,048. 5 2, 005.8 1,803.8 502. 3 447. 1 190.5 643.9 527. 2 707.1 1,330.7 1, 468.8 2,070.0 2, 026.7 1,883.6 502.8 451.2 190. 1 642. 3 532.0 708. 3 1, 327.8 1,478.0 2,081. 3 2, 042.6 1,880. 1 505. 5 459. 0 -. 4 19.2 23.4 28.9 72.8 75.0 181.9 153.2 78. 5 39. 1 10. 1 -. 4 -1 .6 4.8 1.2 -2 .9 9 .2 11. 3 15.9 -3 .5 2. 7 7.8 192 631 527 694 1, 323 1, 459 2,065 2, 006 1,859 500 436 189 633 524 694 1,339 1,457 2, 076 2, 009 1,849 502 435 191 635 526 700 1, 348 1,468 2,092 2,030 1,860 505 438 2 2 2 6 9 11 16 21 11 3 3 NONDURABLE GOODS...................... 8, 194 6,052 8, 342 6, 167 8, 324 6, 158 8, 288 6, 123 94 71 -36 -35 8, 169 6, 014 8, 169 6, 007 8, 188 6, 027 19 20 Food and kindred products . . . . Tobacco manufactures................ T extile mill products................... Apparel and other textile products 1,834.2 79.6 1,029.5 1, 346.4 727. 1 1,097.8 1,040.6 193.3 691.6 302. 3 1,836.0 81.8 1,025.7 1,348.5 722. 4 1,096.6 1,037.3 192.0 689.0 294. 5 1,798.3 81. 1 1,029.3 1,349.6 721.2 1, 102.6 1,035. 4 191.9 685.0 293.2 -17.0 4. 5 26. 1 -7. 2 15.6 14. 2 27.6 2.2 37.6 -9.6 -37. 7 -. 7 3.6 1. 1 -1. 2 6.0 -1 .9 -. 1 -4 .0 -1. 3 1, 706 72 1,026 1, 337 721 1, 100 1.031 189 691 296 1,714 70 l, 025 1, 336 720 1,099 1,036 190 684 295 1, 729 71 1,029 1, 336 721 1,099 1,037 191 681 294 15 1 4 Rubber and plastics products, nec Leather and leather products. . . 1,815.3 76.6 1,003.2 1,356.8 705.6 1,088.4 1,007.8 189.7 647.4 302.8 SERVICE-PRODUCING................ 50, 368 51,039 51, 545 52,138 1, 770 593 51, 576 51,769 51,969 200 TRANSPORTATION ANO PUBLIC U T IL IT IE S ................................... 4, 549 4,659 4, 674 4,675 126 1 4, 617 4, 632 4, 666 34 WHOLESALE AND RETAIL TRADE . 15,887 16,279 16,373 16,518 631 145 16,352 16,393 16, 468 75 4, 151 12,317 26 49 Industry CONTRACT CONSTRUCTION MANUFACTURING....................... Production workers ................ DURABLE GOODS............................. ................ Production workers Ordnance and accessories........... Lumber and wood products........... Furniture and fix tu r e s ................ Stogie, clay, and glass products . Primary metal in d u s tr ie s ........... Fabricated metal products........... Machinery, except electrical . . . Electrical equipment................... Transportation equipment........... Instruments and related products Miscellaneous manufacturing . . . Production w orkers ................ Paper and allied products........... Printing and p u b lish in g ............. Chemicals and allied producrs. . Petroleum and coal products . . Oct. 1972 Sept. 1973 Sept. 1973 0 1 0 1 1 -3 -1 WHOLESALE T R A D E .......................... RETAIL T R A D E ................................. 3, 982 11,905 4, 136 12,143 4, 142 12, 231 4, 176 12,342 194 . 437 34 111 4, 099 12,253 4, 125 12,268 FINANCE. INSURANCE. AND REAL E S T A T E ............................ 3,957 4, 121 4, 081 4, 074 117 -. 7 4, 064 4, 077 4, 086 9 SERVICES..................................... 12,463 13,009 12,983 13,066 603 83 12,906 12,996 13,053 57 GOVERNMENT ............................... 13,512 2,627 10,885 12,971 2,617 10,354 13,434 2,604 10,830 13,805 2, 595 11, 210 293 -32 325 371 -9 380 13,637 2, 599 11,038 13,671 2,609 11,062 13,696 2,608 11,088 25 -1 26 FEDERAL ........................... .......... STATE AND L O C A L ........................... p = preliminary. Table B-2: Average weekly hours of production or rionftupervisory workers on private nonagricultural payrolls, by industry Seasonally adjusted Change from Oct. 1972 Aug. 1973 TOTAL PRIVATE ...... .................. 37.3 M INING.......................................... 1973p Oct. 1973p 37.5 37. 3 37.0 -0. 3 42.9 42.8 42.8 42.5 - .4 CONTRACT CONSTRUCTION.......... 38.2 38.3 38. 0 37.9 3 MANUFACTURING.......................... Overtime h ou rs ............................. 40.8 3.8 40. 5 3.8 41.0 4. 1 40.7 3.9 • 1 - .3 -.2 40. 5 3.7 40.8 3.8 40.6 3.7 -.2 -. 1 DURABLE GOODS.............................. Overtime hours .......................... 41.5 4.0 40.9 3.9 41.7 4.4 41. 5 4. 1 0 -.2 - .3 41. 1 3.9 41.4 4 .0 41.4 3.9 0 . Ordnance and a c c e s s o rie s . ....... Lumber and wood products . . . . . . Furniture and fix tu r e s ................... Stone, clay, and glass products . . 41. 5 40. 9 40.2 42. 5 41.7 41.4 42.0 40. 1 40. 0 40.2 38.9 42.6 41. 0 40.2 42.6 42.8 41. 9 43. 1 40.7 41.7 41. 1 39. 1 42.6 40. 5 40. 1 42. 6 42.7 41.4 42.8 40. 3 41.9 40.9 38.8 .2 - .9 -.7 .1 0 .5 -. 1 -. 5 -. 3 -. 1 .2 - .7 - .4 .2 -.2 .** 3 41. 5 40.7 39.7 42. 0 41.8 41*3 42.4 40. 1 41.0 40.4 38.7 42.6 40.8 39.7 42.2 42.7 41.6 43. 1 40. 5 41.2 40.9 39. 1 42.7 40. 1 39.6 42.2 43.2 41. 3 42. 9 40. 1 41.7 40.8 38.6 .1 -.7 -. 1 Instruments and related products . Miscellaneous manufacturing. . . . 42.4 41.4 40.8 42.5 41.7 41.5 42.3 40.8 42.0 40.7 39.5 NONDURABLE GOODS ................ Overtime h ou rs ............................. 39.8 3.6 39.8 3.5 40. 0 3.8 39.6 3. 5 -. 1 - .4 3 39.5 3.3 39.8 3.4 39.6 3.3 Food and kindred p rod u cts........... Tobacco manufactures.................. Textile mill products..................... 41. 0 39. 1 40. 9 36.0 42.6 37.9 41.8 42. 3 40. 6 38. 1 41. 3 39.0 41. 1 35.9 43. 0 38.3 42.0 43. 1 41.2 37.8 40.6 38.8 40. 5 35.7 42. 5 37.9 41.7 42. 9 40. 7 37.8 .2 - .6 - .9 - .5 - .6 -. 1 3 .2 -.7 .3 -.7 0 40.4 38.5 40.8 35.7 42.4 37.7 42. 1 42. 1 40.5 38.1 40.6 37.9 41.0 35.9 42.7 38.0 42. 0 42.6 40. 9 38.4 40. 6 37.4 40.4 35.7 42. 3 37.9 41.7 42.5 40. 6 38.2 0 Rubber and plastics products, nec Leather and leather products . . . . 40.4 39.4 41.4 36.2 43. 1 38.0 42.0 42.7 41*4 37.5 TRANSPORTATION ANO PUBLIC U T IL IT IE S ................................... 40. 6 41. 1 41. 1 40.8 .2 -. 3 40.9 40.9 40.7 -.2 WHOLESALE ANO RETAIL TRADE. 34.9 35.4 34.7 34. 3 - .6 - .4 34.5 34.6 34. 5 -. 1 WHOLESALE T R A O E .......................... RETAIL T R A D E ...................... 39.8 33. 3 39.6 34. 1 39.5 33.2 39.4 32.8 - .4 -. 1 - .4 39.4 33. 0 39.5 33.2 39.4 ‘33.0 -. 1 F i n a n c e , in s u r a n c e , a n d REAL E S T A T E ............................ 37. 3 37. 1 37. 1 36.9 -. 4 -.2 37.0 37.2 36.8 - .4 SERVICES..................................... 34. 1 34.7 34. 1 33.9 -.2 -.2 34.2 34. 1 34.0 -. 1 Industry Primary metal in d u s tr ie s ............. Fabricated metal products............. Machinery, except electrical . . . . Electrical equipment « . . . ........... Transportation equipment . . . . . . Apparel ahd other textile products Paper and allied products............. Printing and p u b lish in g ................ Chemicals and allied products . . . Petroleum and coal products . . . . s e pt. Oct. 1972 1 1 1.0 -. 1 -.2 -. 5 Change from Aug. 1973 Sept. 1973p Oct. _ 1973 P -0 .3 37.0 37.2 37.0 -0 .2 *. 3 42.6 42.7 42. 1 - .6 37. 1 36.8 37. 1 .3 Sept. 1973 5 -. 1 0 - .2 -.6 -.2 -. 5 - .4 - 3 -. 2 5 Sept. 1973 *Data relate to production workers in mining and manufacturing: to construction workers in contract construction: and to nonsupervisoiy 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. -. 1 0 .5 -. 3 -.2 - .4 .5 -. 1 -. 5 -.2 -. 1 -. 5 - .6 -.2 -.4 -. 1 - .3 -. 1 - .3 -.2 -.2 Table B-3: Average hourly and weekly earnings of production or nonsupervisory workers1 on private nonagricultural payrolls, by industry Average hourly earnings Industry Average weekly earnings Change from Change from Oct. 1972 Aug. 1973 Seasonally adjusted............................ $3. 74 3. 73 $3. 91 3. 92 $3. 98 3. 95 $3.99 3. 98 M ININ G........................................ 4. 41 4. 69 4. 77 4. 79 . 38 . 02 189.19 200. 73 204. 16 203.58 14. 39 -.5 8 CONTRACT CONSTRUCTION------ 6. 22 6. 46 6. 63 6.66 . 44 . 03 237.60 247. 42 251. 94 252.41 14. 81 .47 MANUFACTURING....................... 3. 86 4. 06 4. 13 4. 13 .27 0 157. 49 164. 43 169.33 168.09 10. 60 -1. 24 DURABLE GOOOS. ........................ 4. 11 4. 31 4. 39 4.38 .27 -.01 170.57 176.28 183.06 181.77 11.20 -1.29 Instruments and related products Miscellaneous manufacturing. . . 4. 13 3. 37 3. 12 4. 02 4. 74 4. 05 4.35 3. 71 4. 81 3. 73 3. 13 4. 29 3.62 3.28 4.21 5. 10 4. 24 4. 53 3. 88 5. 02 3. 87 3. 26 4. 37 3.67 3. 33 4.26 5. 15 4.30 4.61 3.91 5. 11 3. 93 3.31 4. 34 3.65 3. 32 4.25 5. 12 4. 30 4.61 3. 90 5. 15 3. 93 3. 31 .21 .28 . 20 .23 . 38 .25 .26 . 19 . 34 .20 . 18 -.03 -. 02 -.01 -.01 -.03 0 0 -.01 . 04 0 0 175.11 139.52 127.30 170.85 197.66 168. 08 184.01 151.37 202.02 151. 81 123. 64 178. 04 148. 06 131. 86 178.93 212.67 175.54 190.26 155.59 200. 80 155. 57 126. 81 186. 16 150.47 133. 87 181.48 220.42 180. 17 198. 69 159. 14 213. 09 161.52 129. 42 184.88 147. 83 133.13 181.05 218. 62 178. 02 197.31 157.17 215.79 160. 74 128. 43 9. 77 8. 31 5. 83 10. 20 20. 96 9. 94 13.30 5. 80 13. 77 8. 93 4. 79 -1.28 -2. 64 -. 74 -.43 -1. 80 -2. 15 -1. 38 -1. 97 2. 70 - . 78 99 NONDURABLE GOOOS...................... 3. 52 3. 70 3. 75 3. 76 . 24 01 140.10 147.26 150. 00 148. 90 8. 80 -1. 10 3. 63 3. 38 2. 76 2.67 4.02 4.55 4.28 5.01 3.69 2. 72 3. 83 3. 73 2. 92 2. 79 4. 24 4. 70 4. 50 5.24 3. 81 2. 80 3. 85 3.68 3. 02 2. 84 4.28 4. 75 4. 53 5. 30 3. 86 2. 85 3. 89 3. 72 3.03 2. 86 4. 28 4. 76 4.52 5.27 3. 83 2. 86 .26 . 34 .27 . 19 .26 .21 . 24 .26 . 14 . 14 04 04 .01 . 02 0 -.01 03 -.03 . 01 146.65 133. 17 114.26 96. 65 173.26 172. 90 179.76 213.93 152.77 102.00 157. 03 145. 84 119. 43 100.44 180. 62 178. 13 188. 10 221.65 154.69 106. 68 159.01 143.52 124.12 101. 96 184.04 181. 93 190.26 228.43 159. 03 107. 73 157.93 11.28 144.34 11. 17 122. 72 8. 46 102.10 5.45 181. 90 8. 64 180.40 7. 50 188.48 8. 72 226.08 12. 15 155.88 3. 11 108. 11 6. 11 -1. 08 . 82 -1.40 . 14 -2. 14 -1. 53 -1. 78 -2. 35 -3. 15 . 38 TRANSPORTATION AND PUBLIC U T IL IT IE S ................................. 4. 80 5. 12 5. 17 5. 18 . 01 194. 88 210.43 212.49 211.34 16.46 -1. 15 WHOLESALE AND RETAIL TRADE 3.06 3. 21 3.25 3. 26 .20 . 01 106* 79 113. 63 112.78 111. 82 5. 03 -. 96 WHOLESALE T R A O E ........................ RETAIL T R A D E ............................... 3. 93 2. 74 4. 13 2. 87 4. 18 2. 91 4. 18 2. 92 .25 . 18 0 . 01 156.41 91.24 163.55 97. 87 165.11 96.61 164. 69 95.78 8.28 4. 54 -. FINANCE, INSURANCE, AND REAL E S T A T E .......................... 3. 48 3. 60 3. 64 3. 64 . 0 129. 80 133.56 135.04 134.32 4. 52 -. SERVICES................................... 3.24 3. 34 3.43 3. 45 .21 110.48 115. 90 116. 96 116.96 6.48 0 TOTAL PRIVATE..................... Ordnance and accessories........... Lumber and wood products........... Furniture and fixtures . . . . . . . Scone. clAy, and glass products . Primary metal in d u s tr ie s ........... Fabricated metal products........... Machinery, except electrical . . . Electrical equipment................... Transportation equipment........... Food and kindred products . . . . Tobacco manufactures ................ T extile 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 . . . 1See footnote 1, tabic B-2. p - preliminary. Sept. 1973 p Oct. . 1973 ^ Oct. 1972 Sept. 1973 $0. 25 .25 $0. 01 .03 . . . . 38 16 or -. . ' .02 Oct. 1972 Aug. 1973 Sept. 1973 ^ Oct. 1973 p Oct. 1972 $139. 50 $146. 63 $148. 45 $147. 63 $8. 13 145. 04 146. 94 147.26 8. 13 139.13 Sept. 1973 -$0. 82 . 32 -. 42 83 72 Table B-4. Hourly Earnings Index for production or nonsupervisory w orkers in private nonfarm industries. Seasonally adjusted (1967 - 100) Percent change from Sept.p 1972 May 1973 June 1973 July 1973 Aug. 1973 . . . 140.4 144.7 146.0 146.9 147.6 (1967) d o lla rs ...................... 110.9 110.1 110.4 110.9 109.3 109.8 M ining........................................................ 137.8 144.8 146.2 147.9 147.5 149.1 Contract construction.............................. 149.2 153.7 155.4 156.3 157.2 159.1 O c t. Industry 1973 Oct.p 1973 Sept. 1973JL97 3___ Oct. 1972Oct. 1973 Total private nonfarm Current dollars . 148.7 149.5 | 6.5 .5 1J 2/ 149.3 8.4 .2 159.0 6.6 ij Constant NA 3/ i i i Manufacturing.......................................... 137.5 141.8 142.7 143.7 144.5 145.4 L46.3 6.4 T ranspertation and public utilities 148.2 153.5 155.0 155.6 157.7 158.9 159.8 7.8 .6 Wholesale and retail trade 137.2 141.7 142.9 143.6 144.4 145.2 145.8 6.?' .4 Finance* insurance, and real estate. 135.4 138.5 139.5 140.9 140.9 142.7 142.4 5.2 -.2 Services.................. 140.7 144.7 146.3 147.3 146.9 148.6 149.6 6.3 .6 1/ 2/ 3/ p- ----- ................ i .6 Percent change was -0.6 from September 1972 to September 1973, the latest month available. Percent change was 0.5 from August 1973 to September 1973, the latest month available. Less than 0.05 percent. Preliminary. NA Indicates data are not available. NOTE: A ll 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 manufacturing (the only sector for which overtime data are available) and the effects of changes in the proportion of workers in high-u-agc and low-wage industries. The seasonal 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 1 . LABOR FORCE AND EMPLOYMENT _____ ........ ......... 2- TOTAL EMPLOYMENT AOULT MEN ADULT WOMEN TEENAGERS C I V I L I A N LABOR FORCE TOTAL EMPLOYMENT NONAGRICULTURAL EMPLOYMENT THOUSANOS THOUSANDS 60000 50000' 40000 30000 20000 10000 0 1964 196S 1966 196*7 1968 1969 1970 1971 1972 1973 1964 1965 1966 1967 1968 1969 1970 1971 3. UNEMPLOYMENT 4. UNEMPLOYMENT _____ ......... ......... _____ ........ ......... ALL C I V I L I A N WORKERS FU L L -T I M E WORKERS MARRIED MEN THOUSANOS 1964 1965 1966 1967 I960 1969 1970 1971 1972 1973 1972 1973 AOULT MEN AOULT WOMEN TEENAGERS THOUSANOS 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 UNEMPLOYMENT RATES HOUSEHOLD DATA - SEASONALLY ADJUSTED 5. UNEMPLOYMENT RATES _____ ......... ......... ALL C I V I L I A N WORKERS STATE INSURED flARRIED MEN _____ ........ ......... TEENAGERS ADULT WOMEN ADULT MEN PERCENT PERCENT tH 4 S. UNEMPLOYMENT RATES 1865 1966 196*7 1966 1969 19*70 19*71 19*72 1973 7. UNEMPLOYMENT RATES • _____ ......... NEGRO AND OTHER RACES WHITE 8. UNEMPLOYMENT RATES PART-TIM E WORKERS F U L L -T I M E WORKERS PERCENT 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 * Stats insur'd unemployment rate pertains to the week including the 12th of the month and represent* the insured unemployed under State programs as a percent of average covered employment. The figures are derived from administrative records of unemployment insurance UNEMPLOYMENT HOUSEHOLD DATA - SEASONALLY ADJUSTED 9. UNEMPLOYMENT RATE _____ ........ ......... 13. UNEMPLOYMENT RATES BLUE COLLAR WORKERS SERVICE WORKERS M U T E COLLAR WORKERS _____ CONSTRUCTION MANUFACTURING PERCENT 1 5 .0 \2 .5 10 . 0 7 .5 5 .0 2.5 0.0 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1 1 . AVERAGE DURATION OF UNEMPLOYMENT 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 12. UNEMPLOYMENT B.Y REASON _____ ........ ......... _____ JOB LOSERS REENTRANTS NEW ENTRANTS JOB LEAVERS MEEKS 3000 2500 2000 1500 1000 500 0 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1967 1968 1969 1970 1971 1972 1973 NONflGRICULTURRL EMPLOYMENT AND HOURS ESTABLISHMENT DATA - SEASONALLY ADJUSTED 13. EMPLOYMENT _____ ........ ......... _____ 14. MAN-HOURS TOTAL NONAGRI CULTURAL SERVICE-PRODUCING GOODS-PROOUCING MANUFACTURING _____ TOTAL PRIVATE NONAGRICULTURAL PRIVATE SERVICE-PROOUCING GOOOS-PROOUCING MANUFACTURING THOUSANDS 2000 1750 1500 1250 1000 750 500 25Q 1964 196S 1966 1967 1968 1969 1970 1971 1972 1973 15. AVERAGE WEEKLY HOURS _____ ........ MANUFACTURING TOTAL PRIVATE 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 16. AVERAGE WEEKLY OVERTIME HOURS IN MANUFACTURING HOURS 4.25 4.0 0 3 .7 5 3.50 3.2 5 3.0 0 2.7 5 2.5 0 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 NOTE: Charts 14 and 15 relate to production or nonsupervisory workers; chart 16 relates to production workers. Data for4he 2 most recent months are preliminary in charts 13-16.