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MONTHLY LABOR REVIEW } U.S. Department of Labor Bureau of Labor Statistics July 1982 In this issue: Prices decelerate in the First Quarter https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis U.S. DEPARTMENT OF LABOR Raymond J. Donovan, Secretary BUREAU OF LABOR STATISTICS Janet L. Norwood, Commissioner The Monthly Labor Review is published by the Bureau of Labor Statistics of the U.S. Department of Labor. Communications on editorial matters should be addressed to the Editor-in-Chief, Monthly Labor Review, Bureau of Labor Statistics, Washington, D.C. 20212. Phone: (202) 523-1327. Subscription price per year $23 domestic; $28.75 foreign. Single copy $3.50 Subscription prices and distribution policies for the Monthly Labor Review (ISSN 0098-0818) and other Government publications are set by the Government Printing Office, an agency of the U.S. Congress. Send correspondence on circulation and subscription matters (including address changes) to: Superintendent of Documents, Government Printing Office, Washington, D C. 20402 Make checks payable to Superintendent of Documents. The Secretary of Labor has determined that the publication of this periodical is necessary in the transaction of the public business required by law of this Department. Use of funds for printing this periodical has been approved by the Director of the Office of Management and Budget through October 31, 1982. Second-class postage paid Laurel, Md. Library of Congress Catalog Card Number 15-26485 Regional Commissioners for Bureau of Labor Statistics Region I Boston: Anthony J. Ferrara 1603 JFK Federal Building, Government Center, Boston, Mass. 02203 Phone: (617) 223-6761 Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont Region II New York: Samuel M. 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Browar 911 Walnut Street, Kansas City, Mo. 64106 Phone: (816) 374-2481 VII Iowa Kansas Missouri Nebraska VIII Colorado Montana North Dakota South Dakota Utah Wyoming July cover: Detail from N e w York S tre e t S cene, 1920 on oil painting on paper mounted on pane by Joaquin Torres-Garcia, courtesy The Hirshhorn Museum and Sculpture Garden Smithsonian Institution, Washington, D.C. Cover design by Melvin B. Moxley, Division of Audio-Visual Communications Services, U.S. Department of Labor. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Regions IX and X San Francisco: D. Bruce Hanchett 450 Golden Gate Avenue, Box 36017, San Francisco, Calif. 94102 Phone: (415) 556-4678 IX American Samoa Arizona California Guam Hawaii Nevada Trust Territory of the Pacific Islands X Alaska Idaho Oregon Washington Tmr MONTHLY LABOR REVIEW JULY 1982 VOLUME 105, NUMBER 7 Henry Lowenstern, Editor-in-Chief Robert W. Fisher, Executive Editor Craig Howell and others 3 Inflation continues to abate during the first quarter The rate of price increases decelerated in both the retail and primary markets, with the Consumer Price Index registering its lowest quarterly rise since 1965 Mark S. Sieling 10 Clerical pay differences in metropolitan areas, 1961-80 Salaries of office workers generally are higher in large urban areas and in the West and North Central region; interarea differences narrowed in 1960’s, widened in 1970’s Howard N Fullerton 15 How accurate were projections of the 1980 labor force? All four of the Bureau’s projections were lower than the actual 1980 labor force; most of the discrepancy is linked to underestimation of participation rates of women Max L. Carey, Kevin Kasunic 22 Evaluating the 1980 projections of occupational employment Job projections prepared by BLS in 1970 proved slightly less accurate than estimates for 1965-75; classification changes limit analysis to fewer than half of 160 occupations Neal H. Rosenthal 31 Shortages of machinists: an evaluation of the information Machinists appear to be in short supply, but statistics are unreliable; employers facing shortages may raise wages, increase training, or use technological improvements REPORTS J. A. Bunn, J. E. Triplett Deborah Pisetzner Klein J. Kleinfeld, J. A. Kruse https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 37 Reconciling the CPI and the PCE Deflator: first quarter 1982 39 Labor force data: the impact of the 1980 census 47 Native Americans in labor force: hunting for an accurate measure DEPARTMENTS 2 37 39 44 47 52 53 57 63 Labor month in review Anatomy of price change Technical note Family budgets Research summaries Major agreements expiring next month Developments in industrial relations Book reviews Current labor statistics RESEARCH LIBRARY Federal Reserve Bank of St. Loti is Labor M onth In Review WORK FORCE REDUCTIONS. Around the world, many firms have found it necessary to reduce the number of workers on their payrolls. The prob lem has caused governments, business, and workers to essay new solutions through legislation, administrative ac tion, and collective bargaining. To assess the significance of recent developments, the International Labor Office invited a number of experts to prepare studies of current law and practice in their coun tries. This year, the il o issued a volume of selected studies. The following ex cerpts are taken from the comparative survey of national practices by Edward Yemin, editor of the volume and head of the Labor Legislation Section of the il o : sharply drawn in Europe and Japan, where a more formal legal view of the employment relationship has grown up, than in Canada and the United States, where the relationship still tends to be rather informal. Comparisons. Work force reductions af fect the contracts of employment of the workers concerned, involving a termina tion or suspension of such contracts. In European countries and in Japan, con tracts of employment are either of an in definite duration (in which case they may be terminated by giving prior notice, usually subject to rules protec ting workers against unjustified dis missal), or they are for a fixed duration or specified task (in which case they ter minate upon expiration of the agreed Change. In the industrialized market period or completion of the given task). economies, a decade of growth and In these countries, indefinite-duration relative full employment in the 1960’s contracts of employment tend to prevail, was followed by a decade in which recur recourse to fixed-term contracts being rent recessions threw large numbers of limited in practice, sometimes as a result persons out of work in circumstances in of legal restrictions on their use. In which the fight against inflation muted Canada and the United States, contracts recourse to classical Keynesian solutions of employment are generally deemed to for growing unemployment. At the same be from day to day or even from hour to time, the introduction of technological hour and may be terminated by either innovations caused redundancies in cer party at will in the absence of a contrary tain industries. In addition, certain im stipulation in the contract or in an ap portant industries in some countries plicable collective agreement. went through periods of crisis and con In European countries, work force re traction due to structural problems and ductions tend to be carried out mainly international competition. through termination of the contracts of employment of the workers concerned Definition. By work force reduction or (by dismissal, induced resignation or redundancy, we mean dismissal or long mutual agreement) and to a much lesser term layoff of workers for economic, degree through nonrenewal of fixedstructural, or technological reasons in term contracts (few workers being tended either to reduce the number of employed under such contracts). workers employed or to alter the com Suspensions of the contract are position of the work force. Work force sometimes resorted to in situations reductions may be effectuated by dif which clearly require very short interrup ferent methods from the legal point of tions of work and, when used in times of view. The distinctions between these economic difficulties, are more closely methods, derived from the law govern associated with work-sharing ar ing contracts of employment in the rangements such as short-time work. countries concerned, have become more In Japan, in situations where the 2 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ life-time employment” system is im plemented, employers avoid as far as possible termination of their regular work force, preferring to effectuate any needed work force reduction by non renewal of a relatively small body of temporary workers employed under short fixed-term contracts. Where this is not sufficient, they still prefer to use other methods, including a form of tem porary layoff with part pay, detachment to related companies, or induced volun tary departure. Dismissals of regular workers tend to be used only as a last resort in situations of very severe diffi culty. In Canada and the United States, work force reductions are generally car ried out by layoff; however, this term is not used with conceptual precision and is employed to describe work force reductions intended to be of very brief duration and of a somewhat longer duration, and reductions that are intend ed to be permanent, as well as to reduc tions the length of which the employer is unable to foresee. Layoff may thus be intended at the outset to be either a suspension of the employment relation ship or a termination; but it may also be a suspension which at some point in time becomes, either according to the terms of the applicable agreement or at the election of one of the parties, a termina tion. This can also occur in other coun tries, such as Great Britain, where a suspension of the employment relation ship may be treated by the worker as a dismissal under certain circumstances. The 214-page study, Work force Reduc tions in Undertakings: Policies and measures for the protection of redun dant workers in seven industrialized market economy countries, is available from major booksellers or il o local of fices in various countries, or direct from il o Publications, International Labour Office, CH-1211 Geneva 22, Switzerland. □ \i. ) o S *3 % . ^ ûx 8 »- Inflation continues to abate during the first quarter The rate of price increases decelerated in both the retail and primary markets, with the Consumer Price Index posting its lowest quarterly rise since 1965 C raig H owell, D avid Callahan , an d Mary Burns After slowing substantially in 1981, inflation continued to decelerate in both the retail and primary markets during the first quarter of 1982. The Consumer Price Index for All Urban Consumers (CPI-U) advanced at a seasonally adjusted annual rate of increase of 1.0 per cent, the lowest quarterly rise since 1965.1(See table 1.) The recession and a continued abundance of oil were among the principal influences pushing inflation down. The housing and auto industries, particularly hard hit by slumping demand, showed significant price de creases. Retail gasoline prices fell at a record rate, as supplies remained high. One measure of the underlying rate of inflation— the CPI for all items less food, energy, and mortgage interest costs— increased at an annual rate of 5.7 percent in the first quarter. This was slightly more than in the preced ing 3 months but was somewhat slower than the 8.0percent rise in 1981. Replacing the present homeownership component with the future rental equivalence mea sure (cPl-U-Xl),2 the index would have advanced at a 'ra te of 2.7 percent, compared with 8.5 percent in 1981. At the primary market level, the Producer Price In dex (ppi) for Finished Goods edged up at a seasonally Craig Howell, David Callahan, and Mary Burns are economists in the Office of Prices and Living Conditions, Bureau of Labor Statistics. They were assisted by Jesse Thomas, Andrew Clem, John Wetmore, and Eddie Lamb, economists in the same office. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis adjusted annual rate of 0.6 percent, the slowest quarter ly advance for this index since it dipped during the first quarter of 1976. The finished energy goods index fell at a rate of 18.5 percent, a drop approached only by a 14.2-percent rate of decline in the first quarter of 1976. Price increases for capital equipment and for finished consumer goods other than foods and energy both slowed to rates below 4 percent, considerably less than in other recent quarters. The index for finished consumer foods moved up moderately. Prices for inter mediate goods declined slightly in the first 3 months of 1982, the first decrease since the second quarter of 1975. Because of higher raw foodstuff prices, the crude materials index rose at a rate of 1.0 percent, following sharp declines in the third and fourth quarters of 1981. The continuing deterioration of the economy and the persistence of the highest levels of real (that is, in flation-adjusted) interest rates since the Great Depression restrained inflation in many retail and pri mary markets. Consumer reluctance to expand pur chases of goods and services reflected such factors as fears of possible unemployment, the rising burden of in terest costs on debts incurred in more inflationary times, and the difficulty of obtaining home mortgages. Some business firms canceled or postponed capital ex penditures in the face of uncertain demand and their own strained profit and cash flow positions. Many com panies liquidated excessive inventories because of poor 3 jt <V MONTHLY LABOR REVIEW July 1982 • Price Changes in the First Quarter sales and high interest costs, or delayed rebuilding in ventories until an end to the recession was more appar ent. By boosting the value of the American dollar in international currency markets, high interest rates tended to price American exports out of foreign mar kets, while improving the competitive standing of im ports in this country. Table 1. New car prices decline Retail prices for commodities other than food and energy increased at a seasonally adjusted annual rate of 4.5 percent, a larger increase than in the fourth quarter of 1981, but somewhat below the 1981 yearly rate of 5.9 percent. (See table 2.) Prices of most commodities Changes in selected components of the Consumer and Producer Price Indexes, 1981-82 Grouping Relative importance Dec. 1981 Compound annual rates, seasonally adjusted except as noted, for 3 months ended — Percent change Mar. 1981 to Ivlui • 19oZ 1981 1982 June Sept. Dec. Mar. Consumer Price Index for Ail Urban Consumers (CPi-U)1 All items .................................................................................. Food and beverages .............................................................. Food at hom e....................................................................... Food away from home ....................................................... Alcoholic beverages ............................................................ housing.................................................................................... Shelter .................................................................................. Rent, residential2 ................................................................ Homeownership.............................................................. Home purchase2 ................................................................ Financing, taxes and insurance2 .......................................... Maintenance and repairs..................................................... Fuel and utilities..................................................................... Household furnishings and operation ...................................... Apparel and upkeep................................................................ Apparel commodities .............................................................. Apparel services ..................................................................... 100.0 17.5 11.3 5.2 1.0 46.0 31.9 5.1 26.1 9.6 12.9 3.6 6.9 7.2 4.6 4.0 .7 6.8 4.0 3.2 5.7 4.8 8.5 8.6 8.2 8.6 3.1 13.6 6.9 10.0 6.8 3.2 2.6 7.5 8.1 2.3 0.3 6.6 5.6 13.0 15.1 7.7 16.9 8.7 25.9 10.7 8.6 7.8 2.6 1.8 8.9 12.8 7.6 7.8 7.1 7.0 16.9 19.8 10.2 21.5 12.4 33.1 8.9 14.8 6.9 6.4 5.5 9.8 5.4 1.8 -0 .3 6.1 1.4 3.6 1.8 9.0 0.3 -5.7 3.6 5.6 9.3 6.8 0.8 -0 .2 7.7 1.0 4.2 4.9 2.8 5.6 1.3 -0.9 5.9 -2.4 -1.9 -4.2 2.4 7.5 5.7 3.2 3.2 3.6 Transportation......................................................................... Private transportation .............................................................. Public transportation2 .............................................................. Medical care ........................................................................... Medical care commodities............................................... Medical care services.............................................................. Entertainment .................................................................. Other goods and services..................................................... All items ............................................................ F o o d ......................................................................................... Commodities less food and energy ........................................ Energy2 ............................................................ Services less energy ............................................................ All items ................................................................ Services .............................................................................. Commodities .............................................................. All items less food, energy and mortgage interest costs ................................... All items (X-1 approach).......................................................... 19.3 18.0 1.3 4.9 .8 4.1 3.6 4.0 100.0 16.6 32.8 11.1 39.5 100.0 43.2 56.8 4.2 3.5 14.6 12.0 10.7 12.2 6.7 10.3 6.8 4.0 6.2 -.8 10.9 6.8 11.3 3.6 2.3 1.6 14.3 11.8 12.3 11.6 5.1 11.3 8.1 2.2 8.7 4.7 14.8 8.1 14.8 3.2 11.6 10.0 37.5 14.4 11.9 14.9 6.9 10.8 12.8 7.7 9.5 3.0 19.1 12.8 19.2 8.5 11.6 12.0 5.8 11.7 9.1 12.3 7.3 8.4 5.4 1.7 2.2 -2.4 7.6 5.4 7.8 3.6 -7 .2 8.3 3.5 10.2 9.5 10.4 7.4 10.1 1.0 3.9 4.5 -8 .0 2.4 1.0 3.5 -0 .8 61.5 — 7.7 6.4 8.6 5.9 11.4 10.1 5.2 7.5 57 2.7 Finished goods .............................................................. Finished energy goods ................................................... Finished consumer foods ............................................... Finished goods less foods............................................ Finished goods less foods and e n e rg y .................................... Finished consumer goods less fo o d s ............................. Finished consumer goods less foods and energy ............... Capital equipment ............................................................ 100.0 12.7 21.9 78.1 65.3 57.2 44.5 20.8 4.1 -2 .8 1.8 4.8 6.3 4.0 6.0 6.8 7.1 3.5 3.5 8.1 9.0 7.6 8.8 10.0 3.4 -3 .6 1.6 4.0 5.6 3.2 5.4 5.7 5.2 9.7 -3 .7 7.7 7.4 7.2 6.4 9.7 0.6 18.5 58 7 3.2 1.7 3.6 2.1 Intermediate materials, supplies and components...................... Intermediate energy goods ............................................ Intermediate foods and feeds ............................................... Intermediate materials less foods and fe e d s .................. Intermediate materials less foods and energy........................ 100.0 17.0 5.3 94.7 77.6 2.9 - .5 -7 .0 3.6 4.6 7.4 1.9 - .3 8.0 8.8 3.8 -2.1 -18.3 5.2 7.1 2.0 4.2 -12.9 2.8 2.4 12 56 56 15 .3 Crude materials for further processing...................... Crude energy materials2 ............................................ Crude foodstuffs and feedstuffs...................................... Crude nonfood materials........................................................ Crude nonfood materials less energy...................................... 100.0 33.6 50.6 49.4 15.8 -4 .3 .4 -5.4 -2.7 -9 .7 10.8 4.3 6.4 16.1 47.7 -9 .7 1.1 -18.2 1.1 1.2 -16.6 2.9 -25.5 -5 .6 -22.5 1.0 65 23 3 184 -40.3 Producer Price Index (PPI) by stage of processing1 1See “ Definition” and “ Notes" preceding tables 19-27 of Current Labor Statistics in this eview2 Not seasonally adjusted. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 Note: PPI data shown above and elsewhere in this article may differ from those previously reported because PPI data through November 1981 have been revised to reflect the availability of late reports and corrections by respondents. related to the depressed housing and automotive indus tries decelerated or declined. The home purchase com ponent of the index decreased for the second consecutive quarter. Furniture price advances slowed, as the low level of new housing construction contributed to sluggish demand. Prices for textile housefurnishings also rose less than in the previous 3 months. However, price increases accelerated for many household appli ances and equipment, reflecting the annual introduction of new models at higher prices. New car prices dropped at a rate of 3.0 percent pri marily because of rebates by domestic manufacturers. Despite the rebates and lower automobile finance charg es, demand remained low throughout the quarter. Used car price increases slowed considerably, following large increases in the second half of 1981. Advances in tire prices continued to decelerate, reflecting the year-long slump in the market. Retail prices of apparel other than footwear rose at an annual rate of 3.9 percent, after declining in the fourth quarter. The upturn reflected the end of dis counts and higher prices for spring merchandise. Price increases for tobacco products, toilet goods, housekeep ing supplies, and school books accelerated to double digit rates. The ppi for finished consumer goods other than foods and energy moved up at a seasonally adjusted annual rate of 3.6 percent. This represented a substantial slow down from the 6.4-percent rate of advance at the end of 1981 and the 6.9-percent increase from December 1980 to December 1981. Unusually large rebates for some passenger cars and light motor trucks accounted for much of this deceleration. Continued rapid declines in precious metal prices were reflected in sharply lower prices for gold jewelry, silver flatware, and photograph ic film (which requires much silver to manufacture). Pri mary market prices for leather footwear, floor coverings, and televisions and radios also dropped in the first quarter. Price increases slowed markedly for soaps and detergents, books, and household furniture, while prices for sanitary paper products, tires and tubes, and glassware continued to show little or no change. In contrast, inflation accelerated to double-digit rates in the ppi for a number of consumer products, including newspapers, periodicals, tobacco products, textile house furnishings, cosmetics, household appliances, and pre scription drugs. Each of these indexes climbed at a faster pace during the first 3 months of 1982 than in 1981 as a whole. Capital equipment. The Producer Price Index for capital equipment rose at a seasonally adjusted annual rate of 2.1 percent, considerably less than in any other recent quarter and the slowest rate of advance since the final 3 months of 1972. (See table 3.) Most of this deceleration https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 2. Changes in retail prices for selected commodities less food and energy, 1981-82 CPI grouping Percent change Relative importance Mar. 1981 to Dec. 1981 Mar. 1982 Compound annual rate, seasonally adjusted except as noted, for 3 months ended — 1982 1981 June Sept. Dec. 6.2 8.7 9.5 2.2 Mar. Commodities less food and e n e rg y............... 100.0 Alcoholic beverages............. 2.9 4.8 5.6 7.0 1.4 5.6 29.2 3.1 8.7 12.4 -5.7 -1.9 1.0 1.5 3.5 4.6 9.0 5.2 6.2 8.4 3.2 1.8 10.3 9.0 2.6 11.7 5.1 7.7 5.4 3.5 4.0 2.7 4.4 4.1 6.4 7.6 6.0 6.0 8.8 3.9 6.6 5.3 .5 2.7 6.1 6.1 10.2 10.2 Apparel commodities less footwear ........................... Footwear............................... 10.2 1.9 2.4 3.8 1.2 5.2 6.1 3.9 -1.4 5.0 3.9 1.0 New c a rs ............................... Used cars ............................. Auto parts and equipment' .. 9.5 9.1 1.8 6.3 19.3 4.4 20.9 8.5 4.0 3.6 44.2 8.0 5.0 22.7 3.6 -3 .0 5.5 2.1 Medical care commodities . . . 2.4 10.7 12.3 11.9 9.1 9.5 7.0 6.5 Home purchase' .................. Maintenance and repair commodities' .................... Textile housefurnishings . . . . Furniture and bedding........... Appliances, including radio and T V '............................. Other household equipment' . Housekeeping supplies’ . . . . 4.5 Entertainment commodities .. 6.5 6.5 6.3 6.2 Tobacco products’ ............... Toilet goods and personal care appliances'............... Schoolbooks and supplies . . . 3.2 10.2 13.0 4.8 9.5 13.5 4.6 35.8 6.2 2.1 10.4 12.7 2.2 .5 8.2 14.2 11.6 9.2 ' Not seasonally adjusted. was caused by the downturn in the motor vehicles in dex, reflecting manufacturers’ rebates on some new cars and light trucks; prices for heavy trucks continued to rise, although at a slower pace than in any other recent quarter. Prices for generators, textile machinery, and food products machinery turned down in the first quar ter, and increases slowed for railroad equipment, print ing trades machinery, agricultural machinery, metal cutting machine tools, and transformers. Construction machinery prices jumped sharply as the year began but had retreated somewhat by March, reflecting the dis tressed state of the construction sector. In contrast, accelerated advances were registered for commercial furniture, photographic equipment, wood working machinery, metal forming machine tools, and pumps and compressors. Even though demand for most kinds of capital equipment weakened markedly at the end of 1981 and into early 1982, producers of these goods felt that demand was strong enough to permit price boosts. Recent changes in tax depreciation rules were especially beneficial to commercial furniture manu facturers. Prices for oilfield and gasfield machinery climbed at a 12.3-percent rate, twice as much as in the previous quarter, but not as fast as the 17.7-percent increase reg istered in 1981. Demand for these goods, which had 5 M ONTHLY LABOR REVIEW July 1982 • Price Changes in the First Quarter Table 3. Changes in producer prices for selected capital equipment, 1981-82 PPI grouping Percent Relative change importance Mar. 1981 Dec. 1981 to Mar. 1982 Compound annual rate, seasonally adjusted except as noted, for 3 months ended — 1981 June Sept. Capital equipment........................... Agricultural machinery and equipment ................................. Construction machinery and equipment1 ................................. Metal cutting machine to o ls ........... Metal forming machine tools ......... Pumps, compressors, and equipment ................................. Industrial material handling equipment ................................. Food products machinery ............. Textile m achinery........................... Generators and generator sets . . . Transformers and power regulators1 Oilfield and gasfield machinery1 . . . Mining machinery and equipment .. Office and store machines and equipment1 ................................. Commercial furniture1 .................... 100.0 6.8 10.0 1982 Dec. Mar. 5.7 9.7 2.1 5.9 8.9 12.7 7.3 9.5 6.1 6.9 1.7 1.0 7.9 8.2 6.5 9.7 4.0 5.2 8.2 7.6 11.3 6.9 12.7 2.5 6.7 8.7 7.1 2.1 9.7 12.5 13.4 5.3 8.0 3.5 1.8 1.4 2.4 2.3 .9 .7 5.5 8.4 5.6 10.4 9.5 14.3 8.2 5.4 12.5 15.3 10.1 12.0 11.2 7.2 8.9 12.5 4.5 13.5 10.2 28.8 12.0 3.6 10.9 5.2 20.8 10.1 6.1 7.4 4.1 -1 .8 -1 .9 -1.8 5.8 12.3 6.1 5.8 2.7 .5 6.4 -.3 4.4 3.7 8.1 7.3 5.9 3.9 15.7 Passenger cars ............................. Light motor trucks1 ........................ Heavy motor trucks1 ...................... Fixed wing, utility a ircraft............... Railroad equipment........................ 10.9 6.8 5.3 4.4 2.1 6.9 3.3 8.8 7.9 5.7 15.6 -7 .7 15.9 -26.9 13.8 12.6 12.2 11.3 -1.4 9.6 26.7 76.4 5.8 2.8 11.5 -3.3 -23.9 3.3 5.3 3.5 Photographic equipment ............... 2.2 3.3 4.1 11.2 0 -1 .5 1Not seasonally adjusted. been largely impervious to sluggishness in the overall economy over the past several years, became much weaker as 1982 began. The worldwide glut of oil and its downward pressure on prices of many kinds of petro leum products led to a marked drop in domestic oil ex ploration and development. Gasoline cheaper, utilities higher Consumer energy prices. Energy items in the CPI dropped at an annual rate of 8.0 percent in the first 3 months of 1982, the largest quarterly decrease since 1962. (See table 4.) Prices for all petroleum-based prod ucts continued the downward trend experienced since the spring of 1981. Gasoline and home heating oil supplies remained at very high levels relative to de mand, leading to lower prices. Retail gasoline prices plunged at a record rate of 27.8 percent, a dramatic contrast to the 50.4-percent rate of increase recorded for the first quarter of 1981. On an unadjusted basis, gasoline prices dropped each month without interruption from March 1981 to March 1982. The major factors pushing prices down were abundant supplies and lower demand. In addition, large supplies of low-cost Chinese gasoline were shipped to the Pacific and Gulf Coast areas. These additional supplies also re duced prices, particularly on the West Coast. Competi tive pressures led to price wars in certain sections of the Digitized for6 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis country, with a resultant squeeze on retailer profit margins. Fuel oil prices decreased at an annual rate of 10.4 percent for the first quarter, the largest decline since 1965, in spite of extremely cold weather in much of the country. Factors.affecting gasoline prices had a similar impact on fuel oil prices. Fuel oil prices decreased con tinually from March 1981 through March 1982, except when increased seasonal demand pushed prices up slightly in December and January. In contrast to the declining trend in prices of petro leum products, consumer price increases for gas and electricity accelerated to an annual rate of 15.4 percent in the first quarter, from a 10.6-percent rate in the fourth quarter. Utility rate increases in the West and fuel adjustment increases in the North Central and South regions contributed greatly to the rise in the elec tricity index. Higher purchased-gas adjustments and rate increases in the South were the major factors push ing up the natural gas index. Industrial fuels. The PPI for intermediate energy goods turned down with a 5.6-percent seasonally adjusted an nual rate of decline, after advancing at a 4.2-percent rate in the fourth quarter. Continued weakening of in dustrial demand coupled with lower costs of crude oil resulted in price decreases for all fuels derived from pe troleum. The index for liquefied petroleum gas plummeted at a 47.3-percent annual rate; as a result, by the end of the quarter, this index was at the lowest level since the end of 1979. Prices for residual fuel, diesel fuel, and com mercial jet fuel continued to fall, but less rapidly than liquefied petroleum gas prices. In marked contrast, the electric power index rose even more sharply than in the fourth quarter. Regulatory authorities granted rate in creases to cover greater capital construction costs re sulting from high long-term interest rates; likewise, fuel adjustment charges had an upward effect on prices in areas where coal and natural gas are used for power generation. Crude energy. The crude energy materials index de clined at a 6.5-percent annual rate in the first quarter because of sharp decreases in the index for crude petro leum (which reflects only domestic prices). Demand for crude oil continued to slide, as evidenced by the re duced volume of imports (23 percent lower than in the first quarter of 1981 and the lowest level since 1974) and the record-low rate of refinery capacity utilization (65 percent). Domestic crude oil prices fell at a rate of about 20 percent, and import prices showed similar de clines. The pricing structure of the Organization of Pe troleum Exporting Countries ( o p e c ) continued to break down, as Libya, Iran, and some other members cut their prices by more than $4 per barrel in an effort to increase their share of a shrinking market. After an emergency meeting of OPEC in March, Saudi Arabia agreed to further reduce its production levels. Producer prices of natural gas continued to advance, but less than in other recent quarters. The slowdown was concentrated in the intrastate portion of the mar ket, where prices had jumped sharply at the end of 1981. In contrast, somewhat larger advances occurred for interstate gas prices, reflecting the growing share of more expensive “new” gas.3 Price increases accelerated for coal, as a weather-related surge in demand quickly affected prices because of relatively slim inventories on hand. Food prices spurt, then dip After showing small increases in each of the last three months of 1981, the food component of the Consumer Price Index increased rapidly in January and February, before turning down in March. The net annual rate of increase for the quarter was 3.9 percent after seasonal adjustment. The Producer Price Index for finished consumer foods showed a similar pattern during the first quarter, but rose at a net rate of 5.8 percent. The behavior of both indexes paralleled developments in the PPI category for crude foodstuffs and feedstuff's, which declined beginning in August 1981, surged in January, and then moderated in February and March. Table 4. Fresh vegetable prices showed the greatest volatility. Decreased winter acreage, the mid-January freeze in Florida, insect damage, shifts in production areas, and reduced imports from Mexico combined to lead to sharply reduced supplies as the year began. The PPI component for fresh vegetables jumped 14.7 percent in December, while the corresponding CPI measure rose 16.8 percent in January. Lettuce was particularly hard hit by whitefly damage in California and Arizona; in the CPI, prices doubled from November to January. By March, the downturn was just as sharp, with lettuce prices approaching the November level. Prices for toma toes and many other fresh vegetables had a similar pat tern. The PPI for fresh vegetables ended with a net decline for the quarter, while the corresponding CPI cat egory ended with a net increase. Citrus fruits were also hit hard by the freeze, and retail prices for both oranges and orange juice rose substantially in January and Feb ruary. Fresh orange prices had started to fall by March, though, after the extent of the damage turned out to be less than from the 1977 and 1981 freezes. Cattle prices rose 7.8 percent; hog prices, 17.6 per cent; and poultry prices, 9.7 percent over the first quar ter as harsh winter weather disrupted production and marketing activity, especially in the North Central States where hog production is concentrated. In addi tion, hog inventories were down from year-earlier levels as farmers cut back production for 1982. Producer Chanqes in retail and producer prices for energy items, 1981-82 Item Relative importance Dec. 1981 Percent change Mar. 1981 to Mar. 1982 CPI PPI CPI CPI PPI CPI CPI PPI CPI PPI CPI 100.0 100.0 54.5 52.7 55.2 45.5 12.5 14.8 13.4 20.3 19.7 PPI PPI PPI PPI PPI PPI PPI PPI PPI PPI Index Compound annual rate, seasonally adjusted except as noted, for 3 months ended1982 1981 June Sept Dec. Mar. -0.8 -2.8 -8.5 -8.7 -8.0 9.3 -4.2 -6.3 16.0 22.9 14.4 4.7 3.5 -15.7 -16.1 -8.9 9.1 -6.4 3.8 17.5 47.0 15.5 3.0 -3.6 1.9 1.8 -8.4 11.3 —4.9 -5.8 15.6 16.6 20.6 -2.4 9.7 12.1 -8 .0 -18.5 -27.3 14.7 9.1 5.5 -25.2 8.5 9.9 17.4 9.9 21.2 13.4 11.7 100.0 9.5 8.5 14.1 4.4 30.6 -.5 -3.8 -.4 -12.1 -15.7 15.1 1.9 4.9 19.0 -9.1 -2.1 -10.5 -10.9 -12.5 4.2 -2.1 -4.6 -17.2 11.5 19.6 12.2 -5 .6 -6 .9 -2 .8 -9.4 47 3 17.1 100.0 31.5 55.3 13.2 .4 22.9 -11.6 9.5 4.3 47.0 -12.2 9.1 1.1 16.6 -9.0 15.9 2.9 17.4 -4.6 4.3 -6.5 13.4 -19.9 9.1 Finished items (sold to consumers) Energy items’ ................................................................. Finished energy g o o d s................................................... Motor fuels2 ................................................................ Gasoline3 ................................................................. Household fu e ls .......................................................... Fueloil1 3 4 .............................................................. Gas (piped)3 5 ........................................................ Electricity................................................................. Intermediate goods (sold to business) Intermediate energy g o o d s ............................................ Diesel fuel3 5 .............................................................. Commercial jet fuel3 5 ................................................. Residual fuel3 ............................................................ Liquefied petroleum gas5 .......................................... Electric power ............................................................ Crude materials Crude energy materials5 ............................................... Natural gas3 5 ............................................................ Crude petroleum5 ........................................................ Coal5 ......................................................................... 1Not seasonally adjusted in the CPI. 2 Includes motor oil, coolant, and similar products. 3 Prices for these items are lagged one month in the PP . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 Includes coal and bottled gas in the CPI. Not seasonally adjusted in the PPI. 7 MONTHLY LABOR REVIEW July 1982 • Price Changes in the First Quarter prices for beef and veal, pork, and processed poultry also increased, although not as sharply. The 9.2-percent increase in producer pork prices translated into a 2.5-percent rise at the retail level. Corn prices rose 8.7 percent in the first quarter, with virtually all of the increase occurring in January. Cold weather increased demand for feed grains. In addition, large quantities of corn were placed into the Federal grain reserve program. Wheat prices advanced 2.6 per cent after seasonal adjustment. Export demand for wheat remained strong. Although cold weather did only minimal damage, the winter wheat crop was not in as good condition as last year’s. Nevertheless, larger plant ed acreage may result in another record harvest. In con trast, milled rice prices continued to fall because of record harvests in the United States and some other rice exporting countries and improved harvests in several rice importing nations. Soybean prices also fell, as the Brazilian crop entered export markets. Government price support programs played a key role for some farm commodities. Raw sugar prices ini tially rose in response to new duties and fees on imports designed to prop up domestic prices, but the target price was not achieved before prices started falling to nearly the December level.4 Prospects of a large Europe an sugar beet crop, large stockpiles of sugar imported before the duty was imposed, and the possibility of duty-free imports of Caribbean sugar all served to hold down prices. Because of a static support price, dairy products showed small retail price increases for four consecutive quarters despite chronic surpluses. Rent increases ease The services less energy component of the CPI moved up at a rate of 2.4 percent, compared with a 7.6-percent rate of increase in the previous quarter. The slowdown was largely due to a downturn in contracted mortgage interest costs, as well as slower rates of advance for a broad range of other items, including residential rent, housekeeping services, transportation services, and ap parel services. The categories for medical care services and for personal and educational services continued to move up at double-digit rates, although not as fast as in other recent quarters. Contracted mortgage interest costs declined at a rate of 6.5 percent, following a 2.8-percent rate of increase in the fourth quarter and rapid runups earlier in 1981, reflecting decreases both in house prices and in m ort gage interest rates. The component for mortgage inter est rates fell at a rate of 5.1 percent, in line with other long-term interest rates. The increase in the residential rent component slowed to a rate of 5.9 percent, follow ing a 9.0-percent rate in the fourth quarter. The transportation services category moved up at a 6.0-percent rate, considerably less than in the previous 8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis quarter. Auto finance charges moved down as some do mestic car manufacturers slashed finance rates to make monthly car payments more affordable. The public transportation index (which includes fares for airlines, intercity buses and trains, and intracity mass transit) advanced at a 3.5-percent rate, somewhat less than in the preceding quarter and far less than earlier in 1981. The recent declines in fuel prices were a major factor in this slowdown. The medical care services component of the CPI moved up at a rate of 10.4 percent, somewhat less than in other recent quarters. Charges for physicians’ services moved up at a 9.7-percent rate, also less than in the fourth quarter. The index for hospital rooms rose at a rate of 12.7 percent. Steel prices steady; gold, silver drop The Producer Price Index for intermediate materials except foods and energy edged up at a seasonally ad justed annual rate of just 0.3 percent in the first quar ter, compared with a rate of 2.4 percent in the fourth quarter. The index for durable manufacturing materials declined at a rate of 7.8 percent, an even larger decrease than at the end of 1981. Lower prices were recorded for most nonferrous metals and mill shapes, jewelers’ mate rials, and hardwood lumber. Steel prices continued to show virtually no change, as high interest rates both weakened domestic demand and encouraged a high level of imports as the dollar rose overseas. Prices for primary nonferrous metals continued to move down substantially, although not quite as sharply as in the fourth quarter. High interest rates and weak domestic and export markets contributed to the de creases for these metals. The end of massive support buying that had kept tin prices artificially high in late 1981 caused prices to drop severely; by March, the tin index had retreated to virtually the same level as last summer just before the runup began. Copper prices, which had declined in most months since late 1980, were further weakened by high production levels in sev eral South American and African countries. Gold and silver prices fell 20.3 and 18.4 percent be fore annualizing. Among the major reasons for these steep declines were large sales of gold by Eastern bloc countries to pay their debts, silver auctions by the Gen eral Services Administration, and the attraction of highyielding financial investments. Prices for jewelers’ mate rials plummeted because of falling gold prices. Hardwood lumber prices turned down partly because of poor demand from furniture manufacturers resulting from the weak residential construction market. But prices rose for foundry and forge shop products, chiefly because of increased labor and overhead costs. The nondurable manufacturing materials category dropped at an annual rate of 3.9 percent, following a small rise at the end of 1981. Prices for organic chemi cals continued to recede because of low demand and strong competition from imports. The depressed hous ing and automotive industries caused a sharp downturn in the plastic resins index; prices for these materials had advanced in almost every month of 1981. An oversup ply of cotton fabrics, coupled with a drop in domestic demand, meant lower prices for finished fabrics and processed yarns. Following several increases in late 1981, leather prices turned down, partly because tan ners and shoe manufacturers were reluctant to rebuild inventories. However, price increases for inorganic chemicals ac celerated, with prices for caustic soda leading the way. Demand for caustic soda, particularly from the printing and publishing industry, remained relatively strong in spite of the recession. A strengthening in domestic de mand for gray fabrics and synthetic fibers, especially nylon yarn, caused these prices to advance. Improved export demand led to higher prices for fats and oils. The p p i measure for construction materials and com ponents showed virtually no change from December to March, following generally small increases during the latter part of 1981. The poor state of construction activ ity permitted only marginal advances for most construc tion materials. Prices for a number of items, including plastic construction products, asphalt roofing, concrete products, and millwork, turned down after rising mod erately in the closing months of 1981. At the same time, the reverse was true for prices of gypsum products, building paper, and plywood. These prices advanced following declines at the end of the year, partly reflecting low supplies. Prices for refracto ries climbed at an unusually rapid pace; recent increases in charges for natural gas, a crucial element in the pro duction of refractories, were the principal cause. Among other intermediate goods, prices for machine tool parts moved up sharply during the first quarter, as orders for new machine tools sagged and producers took advantage of the consequent firming of demand for replacement parts. Glass container prices moved up substantially in February and March, after showing very little change over the preceding 8 months; the in creases passed through higher natural gas costs. The in dex for unsupported plastic film and sheeting also rose sharply, after edging down slightly over the last half of 1981. Prices for wooden pallets, a close indicator of the state of demand in the industrial sector, continued to fall, reaching their lowest level since May 1978. Sensitive crude material prices drop sharply Producer prices for crude nonfood materials except energy, which tend to be highly responsive to shifts in general economic conditions, plunged at a seasonally adjusted annual rate of 40.3 percent. Prices for alumi num and copper base scrap and for iron and steel scrap continued to move down sharply in the first quarter, largely because of a lack of industrial and construction demand, weak export markets, and high interest rates. Wastepaper prices continued to fall, although not as sharply as in the fourth quarter. By the end of the first quarter, paper manufacturers had used only a portion of their wastepaper stockpiles but were purchasing addi tional supplies because prices were attractively low. Crude rubber prices, which had fallen through most of 1981, continued to decline in the first quarter, largely because of persistent weakness in the automotive and tire industries. Prices for potash turned down because of an oversupply of fertilizers, excessive potash inventories, and a dwindling export market. However, temporary short supplies of high quality cotton fibers, coupled with improved Far East and do mestic demand, led to an upturn in prices for raw cot ton. Prices for cattle hides also turned up as tanners began to replenish their inventories, which had been allowed to decline to unusually low levels. □ FOOTNOTES ' For a report on the CPI in relation to the PCE Deflator, see Julie A. Bunn and Jack E. Triplett, “Reconciling the CPI and the PCE De flator: first quarter 1982,” pp. 37-38. For details on changing the homeownership component, see Rob ert Gillingham and Walter Lane, “Changing the treatment of shelter costs for homeowners in the CPI,” M o n th ly L a b o r R eview , June 1981, pp. 9-14. 3Under the Natural Gas Policy Act of 1978, higher prices are https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis allowed for gas produced from wells drilled since 1978. 4Effective December 23, 1981, the Government raised duties and fees to bring the price of imported sugar to 19.08 cents per pound, up from 15 cents. This would eliminate the need for the Government to stockpile domestic sugar at the support price of 16.75 cents per pound. However, after an initial sharp increase in price when the duty was raised, raw sugar prices fell in March to just over the support price. 9 Clerical pay differentials in metropolitan areas, 1961-80 Salaries o f office workers generally are higher in large urban areas and in the North Central and Western regions; interarea differences narrowed in the 1960's and widened in the 1970's M a r k S. S i e l i n g In 1980, salaries of office clerical workers varied widely among 52 areas included in the Bureau of Labor Statis tics’ area wage survey program. For example, in Daven port-Rock Island-Moline— the highest paying area— clerical pay rates averaged about 50 percent more than those in Norfolk-Virginia Beach-Portsmouth— the low est paying area. Generally, salaries were higher in larger areas. The highest salaries were in North Central and Western areas, followed by Northeastern areas, and were lowest in Southern areas. Industry mix was an im portant determinant of an area’s relative pay level. The pay structure in 1980 resembled the pattern in 1961, although significant developments took place within this period. During the 1960’s, area differentials gradually diminished. However, in the 1970’s, the pat tern reversed, and much of the growing uniformity dis appeared. These contrasting developments can be attributed, in part, to the differing economic environ ments in the two decades. The 1960’s was a period of almost uninterrupted prosperity, with only moderate rates of price increases during much of the decade; in contrast, the 1970’s were characterized by both econom ic instability and inflationary pressures. When the areas were ranked by the size of their pay Mark S. Sieling is an economist in the Office of Wages and Industrial Relations, Bureau of Labor Statistics. Digitized for 10 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis relatives, the order of ranking in 1980 was similar to that of 1961. However, pay relatives in some areas changed substantially over the 20 years, but the changes generally reflected a cumulation of small year-to-year adjustments. Pay levels among areas mirror the interplay of a vari ety of forces, ranging front nationwide economic devel opments to factors unique to specific locations. Moreover, the intensity of these forces may vary over time, leading to changes in interarea wage relationships. This article examines salary levels of office clerical workers in 52 metropolitan areas, highlighting current pay differences and changes in them over the past two decades.1 In this analysis, a pay relative is defined as each area’s average straight-time hourly earnings expressed as a percent of the average for all metropolis tan areas combined. For example, a pay relative of 110 indicates that clerical salaries in an area are 10 percent above the national average. Pay relatives were comput ed by averaging earnings of selected white-collar clerical occupations in an area, using national employments as weights for each job, then dividing the resulting area average by the corresponding national average. Use of national occupational employments for weighting pur poses isolates the pay relatives from the influence of area differences in occupational composition. In addi tion, adjustments are made to eliminate the effect of dif ferences in the timing of individual area surveys.2 Patterns in 1980 Area salary levels are determined by a combination of factors. Some, such as supply and demand conditions in the labor market and occupational employment com position, are unique to an area; others, such as the gen eral pay level of an industry or the effect of nationwide collective bargaining, are determined in a broader con text. Although salary levels are unique to an area, some grouping of areas according to common characteristics can be made. Seven of the eight areas with pay relatives of 106 or more in 1980 were located in the North Central and Western regions. (See table 1.) These areas typically had large concentrations of workers in relatively high-wage manufacturing industries, such as motor vehicles and equipment (Detroit and Toledo), aircraft and parts (Los Angeles, Seattle, and Wichita), and farm machinery (Davenport). This does not imply that the nonmanufac turing sector is unimportant in contributing to overall wage levels. Each of the five areas with overall pay lev els 11 percent or more above the national average also had nonmanufacturing pay levels at least 11 percent above the national nonmanufacturing average. Of the nine areas with pay relatives of 90 or less, sev en were in the South and two were in the Northeast. T a b le 1 The type of manufacturing industries in the area was a factor for several of these areas. For example, the textile industries are im portant in Chattanooga and Greenville, while leather footwear is im portant in Portland (Maine) and jewelry in Providence. A relationship is also apparent between salary levels and the number of employees within a labor market. In 1980, only 11 of the 52 areas had nonagricultural em ployment of a million or more. Yet, four of them were among the eight areas with salaries 6 percent or more above the national average. All of the areas with sala ries 10 percent or more below the national average had employment of less than a half million. A summary of this relationship was developed by calculating a Spear man rank correlation coefficient, comparing the ranking of areas by employment and salary levels.3 The coef ficient, .58, shows a positive relationship, but one that is far from a perfect correlation of 1. To illustrate that high employment does not necessarily mean higher sala ries, Davenport had less than a quarter million workers in 1980, but had the highest average pay level of all the areas studied, while Boston and Minneapolis, with more than a million workers each, had average salaries 4 per cent below the national average. Salaries in Boston were also low compared to area living costs. Living costs, as measured by the BLS au- O f f ic e c le r ic a l p a y r e la t iv e s , 5 2 S t a n d a r d M e t r o p o lit a n S t a t is t ic a l A r e a s , 1 9 6 1 -8 0 [All metropolitan areas = 100] Pay relative Pay relative Area Area 1961 1970 Northeast Albany-Schenectady-Troy, N.Y. . . . Boston, Mass................................... Buffalo, N.Y...................................... New York, N.Y................................. Paterson-Clifton-Passaic, N.J.......... Philadelphia, Pa.-N.J........................ Pittsburgh, Pa................................... Portland, Maine ............................. Providence-Warwick-Pawtucket, R.I.-Mass...................................... Trenton, N.J..................................... Worcester, Mass.............................. York, Pa........................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1970 1980 Chicago, III............................................ Cincinnati, Ohio-Ky.-Ind........................ Cleveland, Ohio ................................. Columbus, O h io ................................. 107 98 107 96 105 96 101 95 104 96 101 93 Moline, Iowa-Ill.................................. Dayton, Ohio ...................................... Detroit, Mich......................................... Indianapolis, Ind.................................... Kansas City, Mo.-Kans......................... Milwaukee, Wis.................................... Minneapolis-St. Paul, Minn.Wis.................................................... 103 106 115 100 98 100 105 103 116 98 96 99 127 93 122 97 99 99 94 96 99 99 106 102 93 91 98 92 106 101 96 94 98 96 108 106 97 97 100 109 100 110 98 111 104 North Central 99 93 101 102 101 100 95 107 84 99 97 100 105 101 99 97 101 86 101 96 97 100 103 93 98 104 90 83 99 91 92 88 97 93 91 86 96 95 91 South Atlanta, Ga....................................... Baltimore, Md................................... Chattanooga, Tenn.-Ga.................... Dailas-Fort Worth, Tex..................... Greenvllle-Spartanburg, S.C............ Houston, Tex.................................... Jackson, Miss................................... Jacksonville, Fla............................... Louisville, Ky.-lnd............................. Memphis, Tenn.-Ark.-Miss............... Miami, Fla......................................... New Orleans, La.............................. Norfolk-Virginia Beach-Portsmouth, Va.-N.C............................ Oklahoma City, Okla....................... Richmond, Va................................... San Antonio, Tex.............................. Washington, D.C.-Md.-Va................. 1961 1980 95 94 87 93 80 100 83 87 94 85 90 89 99 97 86 94 85 100 85 90 94 89 93 93 102 105 86 98 85 106 87 90 98 94 97 93 93 88 94 82 99 89 90 91 83 104 83 94 89 84 102 St. Louis, Mo.-lll.................................... South Bend, Ind.................................... Toledo, Ohio-Mich................................ Wichita, Kans........................................ West Denver-Boulder, Colo........................... Los Angeles-Long Beach, Calif.................................................. Portland, Oreg.-Wash........................... Salt Lake City-Ogden, Utah ............................................... San Francisco-Oakland, Calif.................................................. Seattle-Everett, Wash.......................... 91 91 95 109 104 109 105 114 111 11 M ONTHLY LABOR REVIEW July 1982 • Clerical Pay Differences tumn 1980 lower budget for a 4-person family,4 are available for 22 of the areas studied. In 13 of the areas, living cost relatives (expressed as a percent of the na tional average for all metropolitan areas) were within 3 percentage points of the area pay relatives. Seven of the nine areas with differences greater than 3 points— Pitts burgh, Atlanta, Baltimore, Dallas, Houston, Detroit, and Los Angeles— had pay relatives that exceeded their living cost relatives; only Boston and Washington showed substantial pay disadvantages. A Spearman rank correlation coefficient of .27 confirms the lack of significant relation in the ranking of relative salary lev els and local living costs in the 22 areas.5 Long-term trends, 1961-80 The 1980 pattern of office clerical pay relatives among areas resembled the 1961 pattern.6 For example, in both years, Southern areas tended to be lower paying while Western areas generally were higher paying. Nev ertheless, in each of the 52 areas, the pay relative changed over the 1961-80 period. Most often, the change was small, but some areas did have substantial changes. Among the larger differences, Dayton’s pay relative of 106 in 1961 tied with Toledo’s for seventh place; by 1980, however, Dayton’s relative had de creased to 93, among the bottom third of all pay rela tives. At the same time, Davenport’s office pay relative rose from 103 to 122, moving from ninth to first place. Changes in pay relatives varied by region. The pay position of all Western areas and 14 of 17 Southern areas improved by at least 1 percentage point from 1961 to 1980. By comparison, only 7 of 13 Northeast ern and 6 of 16 North Central areas experienced such gains. Similarly, gains of at least 3 percentage points were proportionately more frequent in the West and South. The following tabulation shows gains and losses in pay relatives during the 1961-80 period, by area: P erce n ta g e p o in t ch a n g e N o r th e a s t S o u th 2 4 1 — 1 5 4 2 2 — 1 G ain s: 1 o r 2 ............. 3 o r 4 ............. 5 or 6 ............. 7 or 8 ............. 9 or m o re . . L o sses: 9 or m o re . . 7 or 8 ............. 5 or 6 ............. 3 or 4 ............. 1 or 2 ............. — 1 — 3 2 — 1 — 1 N o rth C e n tra l 3 1 — W est 1 3 1 1 1 1 — 1 — — 1 4 4 — — — — M ajor changes in area pay relatives can generally be traced to local developments. For example, changes in an area’s industrial composition may have a marked im https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis pact on its salary levels. To illustrate, the decline of Dayton’s office clerical pay relative (from 105 in 1973 to 93 in 1980) paralleled a decline in its manufacturing employment, especially in the rubber goods, household appliance, and office machinery sectors. These declines were offset to some extent by an expansion of service employment; however, the expanding service industries tended to be lower paying. In contrast, Houston’s office clerical pay relative rose from 100 in 1970 to 106 in 1980. This gain can be attributed to general economic expansion, particularly in the energy field and as a site for corporate headquarters. Nonagricultural employ ment in Houston nearly doubled over the period. The increase in Davenport’s office clerical pay relative (from 103 in 1961 to 127 in 1980) can be traced, in part, to the combined effects of industrial composition, unionization, and inflation. A major component of Dav enport’s economy is farm equipment manufacturing, traditionally one of the higher paying industry groups. Most of Davenport’s nonsupervisory plant and office workers in this industry are unionized; since the early 1970’s, their contracts have included an uncapped costof-living adjustment provision. During the 1970’s, the in flation rate was relatively high and, hence, these work ers received relatively large wage gains through cost-ofliving adjustment provisions. Although not all of Dav enport’s clerical work force obtained cost-of-living in creases, the gains were sufficiently widespread to influ ence the area-wide data. Short-term trends Concentration on changes in area pay relatives over the 1961-80 period overlooks the contrasting patterns of change found in the 1960’s and 1970’s. In the 1960’s, wages in the relatively low-wage Southern areas slowly approached the national average, while movement in other areas was mixed. In the 1970’s, the Southern wage advances continued. In addition, pay levels in Davenport, Detroit, and most Western areas rose much faster than the average for all metropolitan areas com bined. The average percent difference in pay relatives among the 52 areas narrowed from 10.0 percent in 1961 to 8.1 percent by 1969; then the pattern reversed, and the difference expanded to 10.4 percent by 1980.7 The following tabulation shows the average percent dif ference among area pay relatives, from 1961 to 1980: 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 ........... ........... ........... ........... ........... ........... ........... ........... ........... ........... . . . . . . . . . . . . . . . . ____ . . . . . . . . . . . . . . . . . . . . 10.0 9.9 9.3 9.0 9.0 8.6 8.8 8.4 8.1 8.7 1 9 7 1 .............. 1972 .............. 1973 ............. 1974 ............. 1975 .............. 1976 ............. 1977 .............. 1978 .............. 1979 .............. 1980 .............. 9.0 9.6 9.3 9.3 9.4 9.4 9.6 9.7 9.8 10.4 Table 2. Distribution of year-to-year percentage point changes in office clerical pay relatives, 52 Standard Metropolitan Statistical Areas, by population size and region, 1961-80 By population Size of change All areas By region 250.000 to 500.000 500,000 to 1,000,000 1,000,000 or more Northeast South North Central West Total observations................................. 988 180 247 551 247 323 304 114 1961-80: No ch an ge..................................................... 1 p o in t............................................................ 2 points .......................................................... 3 points .......................................................... 4 points or m o re ............................................ 390 433 120 26 19 61 88 28 7 6 94 105 33 7 8 235 240 59 12 5 101 113 24 7 2 130 143 35 10 5 115 131 43 5 10 44 46 18 4 2 Average annual percentage point change................................. .9 1.0 .9 .8 .8 .8 .9 .9 1961-70: No change ..................................................... 1 p o in t............................................................ 2 points .......................................................... 3 points .......................................................... 4 points or m o re ............................................ 204 208 46 9 1 32 45 12 1 — 50 51 10 5 1 122 112 24 3 — 48 61 8 — — 70 62 14 6 1 60 67 14 3 — 26 18 10 — — Average annual percentage point change................................. .7 .8 .8 .7 .7 .7 .7 .7 1970-80: No chan ge..................................................... 1 p o in t............................................................ 2 points .......................................................... 3 points .......................................................... 4 points or m o re ............................................ 186 225 74 17 18 29 43 16 6 6 44 54 23 2 7 113 128 35 9 5 53 52 16 8 1 60 81 21 4 4 55 64 29 2 10 18 28 8 4 2 Average annual percentage point change................................. 1.0 1.2 1.1 .9 .9 .9 1.1 1.1 Note: Changes are computed from pay relatives rounded to the nearest percent. Signs of changes are ignored. The contrasting behavior of geographic wage differ entials in the 1960’s and 1970’s is related to the mark edly different economic conditions in those decades. The 1960’s were essentially a period of economic growth. The uninterrupted economic expansion from February 1961 to December 1969, was the longest in the Nation’s history. The unemployment rate— an indicator of slack in the labor m arket— turned downward, from 6.7 per cent in 1961 to 3.5 percent in 1969. However, infla tionary pressures did not surface until the latter half of the decade: annual increases in the Consumer Price In dex were below 2 percent through 1965, when they be gan to rise, reaching 4.7 percent in 1968 and 6.1 percent in 1969. Amendments to the Fair Labor Standards Act in 1961 and 1966 raised the Federal minimum wage from $1 to $1.60 an hour; these adjustments had their greatest impact in relatively low-paying industries, and they tended to reduce wage dispersion within and among labor markets. On the other hand, the decade of the 1970’s was characterized by growing economic instability and actu al or suppressed inflation. Economic recessions began in December 1969, November 1973, and January 1980. The unemployment rate rose to 8.5 percent in 1975, dropped to 5.8 percent in 1979, and then rose again to 7.1 percent in 1980. The inflation rate varied substan tially: annual increases in the CPI ranged from 3.4 per https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis cent in 1971 and 1972— a period of wage and price controls— to 12.2 percent in 1974, and 13.3 percent in 1979. As in the prior decade, amendments to the Fair Labor Standards Act raised the Federal minimum wage — to $3.10 an hour in January 1980. Year-to-year changes. For each area studied, the total change over the 1961-80 period typically reflects the cumulation of relatively small year-to-year changes. About 40 percent of the 988 annual comparisons possi ble over the 19 years studied showed no year-to-year change in area pay relatives. (See table 2.) A slightly larger proportion had changes of 1 percentage point. Less than 2 percent had changes of 4 percentage points or more. The average year-to-year change in pay rela tives for all 52 areas was .9 percentage point. Significantly, the tendency for small average annual changes in pay relatives appeared in each of the popula tion size groups examined separately and in each region. Not surprisingly, the greatest stability of pay relatives was in areas with 1 million inhabitants or more— the areas which tend to have the more varied labor mar kets. Annual changes in area pay relatives were small in each decade, but both the size of the average change and the frequency of relatively large change were dis tinctly greater in the 1970’s. This finding is consistent 13 M ONTHLY LABOR REVIEW July 1982 • Clerical Pay Differences with the tendency, already noted, for a widening of wage differences among areas in the 1970’s, after a peri od of contraction during the 1960’s. T h e w i d e l y d i f f e r i n g salary levels examined here and their behavior between 1961 and 1980 emphasize the difficulty of generalizing about the structure and trends in geographic wage differentials. Area pay rates respond to many forces that apply unequally across areas and over time. The findings of this study suggest areas of future investigation. For example, the year-toyear stability in pay relationships among areas raises the possibility of using a national survey— over short time periods— to update local pay data, thereby elimi nating the need for frequent pay studies in individual localities. In addition, it would be interesting to deter mine if the patterns for manual jobs parallel those for white-collar jobs. Also, a study could focus on average earnings of specific occupations, rather than on average pay levels for broad employment groups within areas. □ FOOTNOTES 1This study is based on salary data from the Bureau of Labor Sta tistics’ area wage survey program. All 52 areas surveyed annually from 1961 through 1980 are included in the analysis. (Currently, about 70 areas are surveyed.) The program provides pay estimates for office clerical; professional and technical; maintenance, toolroom, and powerplant; and material movement and custodial occupations. How ever, only office clerical workers are included in this analysis. The surveys of Standard Metropolitan Statistical Areas include estab lishments employing 50 workers or more in manufacturing; transpor tation, communication, and other public utilities; wholesale trade; retail trade; finance, insurance, and real estate; and selected services. In the 13 largest areas, the minimum is 100 workers in manufactur ing; transportation, communication, and other public utilities; and re tail trade. 2Pay relatives are computed annually for the metropolitan areas currently included in the area wage survey program. They are pro duced for four occupational groups— office clerical, electronic data processing, skilled maintenance, and unskilled plant workers. For a description of the method, as well as data for 1980, see W age D iffer ences A m o n g M etropolitan Areas, 1980, BLS Summary 81-15, Septem ber 1981. A companion report, W age D ifferences A m o n g S elected Areas, 1980, BLS Summary 81-16, October 1981, provides wage com parisons for three occupational groups among 102 areas surveyed un der contract to the Employment Standards Administration for use in administering the Service Contract Act. 3The Spearman coefficient measures the degree of association be tween two variables based on the ranks (or order) of the observations, rather than their actual values. A coefficient of + 1 indicates complete agreement in the order of the ranks while —1 indicates completely opposite order of the ranks. A coefficient of 0 indicates the absence of any association between the variables. 14 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4The lower budget was used in the comparison, because it most closely approximates expenditure levels consistent with the earnings of an office clerical worker. If the intermediate budget had been used, there would have been considerably more variation between relative wages and living costs, generally with areas in the West doing better and areas in the Northeast not doing as well. In some cases, the geo graphic definitions used in the budget studies did not completely cor respond to those used in the salary level studies. These differences did not appreciably affect the comparison and, therefore, were ignored in the analysis. These living cost measurements reflect different consump tion patterns among areas. For example, in the South a higher pro portion of the meat consumed is pork than in Northern areas. The Bureau has conducted research on measuring price variations among areas assuming standard consumption patterns in all areas. The standardized consumption patterns, however, had little effect on interarea differences. See Mark K. Sherwood, “Family budgets and geographic differences in price levels,” M on th ly L a b o r R eview , April 1975, pp. 8-15. 5An earlier BLS study found a relationship between area wage lev els and living costs only after pay data were adjusted for differences in industry mix. See John E. Buckley, “Do area wages reflect area liv ing costs?” M on th ly L a b o r R eview , November 1979, pp. 24—29. "The Spearman coefficient comparing 1961 and 1980 rankings of the 52 areas is .79. 7Average pay differences were computed by subtracting an area’s pay relative from each higher pay relative; dividing by the lower rela tive; totaling these differences (expressed in percent), and dividing by the number of comparisons made. For a further discussion of this technique, see Mark S. Sieling, “Interpreting pay structures through matrix application,” M on th ly L a b o r R eview , November 1979, pp. 4145. How accurate were projections of the 1980 labor force? All four Bureau o f Labor Statistics projections, the first in 1965 and the last in 1976, were lower than the actual 1980 labor force; most o f the discrepancy can be attributed to the underestimation of the participation rates of women H oward N F ullerton The final step in the projection process is evaluation. The Bureau of Labor Statistics has always assessed each of its labor force projections, but only the evaluation of the 1975 estimates has been published. The 1970 projec tions were evaluated by Marc Rosenblum of the City University of New Y ork.1 Both evaluations concluded that the BLS had underestimated the number of persons in the labor force, with too many men and too few women. Rosenblum also concluded that the BLS esti mate of the 1975 labor force would be too low, based on a comparison with projections by Alfred Telia and Thomas F. Dernberg and others.2 Bureau of Labor Sta tistics economist Paul Ryscavage confirmed the under estimation of the BLS projections for the 1975 labor force, finding that an earlier projection, made when the program was still in the Bureau of the Census, was more accurate. He also suggested that the projections for 1980 and 1985 would be too low, primarily because of underestimation of female labor force growth. All four of the BLS projections of the 1980 labor force dem onstrated the same pattern of lower than actual growth; generally the male labor force was too high and the fe male labor force was always too low.3 Howard N Fullerton is a demographic statistician in the Office of Economic Growth and Employment Projections, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Trend, projected, and actual rates The Bureau of Labor Statistics published four pro jections of the 1980 labor force.4 They were general purpose projections prepared using demographic tech niques. In 1965, BLS projected a 1980 labor force (including the armed forces) of 100 million; in 1970, of 101 million; in 1973, of 102 million; and, finally, in 1976, of 104 million. (See table 1.) The actual 1980 la bor force was 107 million (1970 census weights). Each estimate of the 1980 labor force overprojected the male labor force and grossly under projected the fe male labor force. For example, the 1970 projection had the men’s labor force at 64 million; it totaled 62 million in 1980. At the same time, the 1970 projection placed the women’s labor force at 37 million; it reached 45 million in 1980. The most difficult group to project has been women age 25 to 34. In 1965, the 1980 labor force participation rate for these women was projected to be 40.3 percent. In 1970, the rate was estimated to be 46.5 percent; in 1973, 50.2 percent; and in 1976, 57.3 percent. The rate turned out to be 65.3 percent in 1980, or 25 percentage points higher than the 1965 projection. The next most difficult group to project was women age 35 to 44. Projection errors ranged from 15.2 per cent for the 1965 estimate to 7.2 percent for the 1976 estimate. 15 M ONTHLY LABOR REVIEW July 1982 • 1980 Labor Force Projections Reviewed The most difficult male labor force group to project was men 55 to 64. The participation rate projected in 1965 was 12.3 percent too high; however, the 1976 pro jection missed by only 1.1 percent. For men 25 to 34, errors ranged from 2.0 percent in the 1965 projection to —0.1 percent in the 1976 projection. Generally, more accurate projections are made over a recent period. But, how would the projections have fared if they were adjusted for the length of the projec tion span? To find out, we compared historic, projected, and actual growth rates. Historic growth rates use the same number of years back as the projection is forward. For example, the 1965 projection covered 16 years (from 1964 to 1980), making 1948 the reference year for the historic growth rate. The following tabulation shows the historic and the projected and actual growth rates of the 1980 labor force: H isto ric referen ce year 1948 1960 1966 1970 Y ea r p ro jectio n w as p u b lis h e d H isto ric 1965 1970 1973 1976 1.25 1.43 2.00 1.97 ____ ____ ____ ____ G row th ra te P ro jec ted Y ea r p u b lis h e d P ro jec ted ch an ge A c tu a l ch an ge D ifferen ce (error) 1965 1970 1973 1976 + 0.48 + .41 -0 .3 2 -0 .1 6 + 0.89 .95 .28 .42 -0 .4 1 -.5 4 -.6 0 -.5 8 Participation rates of groups A c tu a l 2.14 2.38 2.28 2.39 1.73 1.84 1.68 1.81 Both the historic and the actual labor force growth rates increased between projections, but the projected growth changed only slightly. In effect, the improve ment in the projections of the 1980 labor force was due to the application of the same growth rate to a labor force that was actually growing faster than anticipated. A simple extrapolation made on the basis of the historic growth rate would have increased the accuracy of the 1973 and 1976 projections, but not the 1965 and 1970 projections.5 Table 1. There was a steady increase in the discrepancy be tween actual and projected labor force growth. The suc cessive projected growth rates were less accurate as 1980 approached. The following tabulation presents the change between the historical growth rate and the pro jected growth rate (projected change), the change be tween the historical and actual growth rate (actual change), and the difference between the two, which is also the error in the projected growth rate (a plus sign indicates growth was projected to increase from the his torical rate; minus indicates that growth was projected to decrease): How accurate were the projections for individual agesex groups? Among individual groups, some differences between projected and actual rates leap out; for exam ple those for women age 25 to 34 for all four projec tions. However, the median of all the differences between the actual and projected rates was zero— the median for men was 1.2 percentage points and for women, -6.0. This was expected because the rates for men have been dropping while those for women have been rising rapidly. The range of differences between actual and projected participation rates for women was very large. Usual methods for detecting unusually large values, or outli ers, detected none. Combining the differences for male The 1980 labor force and participation rates, actual and as projected in 1965, 1970, 1973, and 1976 Labor force (in thousands) as projected in — Age 1965 Participation rates as projected in — Actual 1980’ 1970 1973’ 19761 Difference Actual 1980' 1965 1970 19731 19761 1965 1970 1973’ 1976’ T o ta l............................................... 99,942 100,727 101,809 103,759 106,821 60.4 60.5 60.8 61.6 63.3 -2.9 -2.8 -2.5 -1.7 Men, total ................................................. 16 to 1 9 ................................................. 20 to 2 4 ................................................. 25 to 3 4 ................................................. 35 to 4 4 ................................................. 45 to 5 4 ................................................. 55 to 6 4 ................................................. 65 and over .......................................... 64,061 4,824 9,064 17,590 12,084 10,219 8,184 2,096 63,612 4,895 8,795 17,815 12,086 10,082 7,849 2,090 62,590 4,668 8,852 17,523 11,851 9,908 7,730 2,058 61,988 5,239 8,852 16,925 11,878 9,929 7,275 1,890 62,088 5,191 9,022 16,943 11,901 9,989 7,165 1,877 80.3 56.7 87.2 96.2 96.7 95.0 83.7 21.8 79.2 56.7 83.0 96.0 96.1 94.0 80.5 22.0 78.0 56.0 83.0 94.6 95.1 91.6 79.1 21.2 76.8 61.8 84.1 94.1 94.6 90.0 72.5 18.7 76.8 61.2 85.7 94.2 94.6 90.3 71.4 18.3 3.5 -4 .5 1.5 2.0 2.1 4.7 12.3 3.5 2.4 -4.5 -2 .7 1.8 1.5 3.7 9.1 3.7 1.2 -5.2 -2.7 0.4 0.5 1.3 7.7 2.9 0.6 -1 .6 -0.1 0.0 -0 .3 1.1 0.4 Women, total ............................................ 16 to 1 9 ................................................. 20 to 2 4 ................................................. 25 to 3 4 ................................................. 35 to 4 4 ................................................. 45 to 5 4 ................................................. 55 to 6 4 ................................................. 65 and over .......................................... 35,881 3,286 5,380 7,347 6,386 6,805 5,337 1,340 37,115 3,449 5,991 8,427 6,708 6,259 5,103 1,178 39,219 3,669 6,592 9,250 6,869 6,537 5,057 1,239 41,771 4,246 7,116 10,417 7,638 6,609 4,628 1,737 44,733 4,358 7,170 11,890 8,605 6,973 4,591 1,144 41.9 46.6 52.6 40.3 50.0 59.5 47.3 9.9 43.0 41.0 57.7 46.5 53.3 55.2 45.0 8.5 45.0 45.5 63.4 50.2 53.2 56.2 44.7 8.6 47.7 44.6 68.4 57.3 58.0 56.6 45.6 11.7 50.9 53.0 69.0 65.3 65.2 59.6 41.1 7.6 -9 .0 -6.4 -16.4 -25.0 -15.2 -0.1 6.2 2.3 -7 .9 -12.0 -11.3 -18.8 -11.9 -4.4 3.9 0.9 -5 .9 -7 .5 -5 .6 -15.1 -12.0 -3.4 3.6 1.0 -3 .2 -8.4 -0 .6 -8 .0 -7 .2 -3 .0 4.5 4.1 1Middle scenarios. 2The 1980 labor force data are based on 1970 census weights. Note: Differences with negative values were projected less than actual; those with a positive value were projected higher than actual. 16 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 0.0 and female rates does detect some outliers. The rates projected in 1965 and 1970 for women age 25 to 34 were underprojected by 25.0 and 18.8 percent. This group also had the greatest change in labor force partic ipation over the period. One questions if a projected rise in participation of more than 25 percentage points would have been credible in 1965. The changes affecting labor force participation of women— fewer births, fewer marriages, unprecedented inflation, more education— af fected women in the 25 to 44 age group the most. Labor force composition. The projected labor force com position (age-sex structure) is of concern to those using the projections for equal opportunity purposes or for some types of market research. Table 2 shows the pro jected and actual distribution of the labor force. The ac tual and projected labor force participation rates for all four projections are illustrated in chart 1. If the projec tions were perfect, they would be plotted on a straight line with a slope of one (an angle of 45 degrees) going through the origin, which is the line of perfect projec tion.6 When the four projections are combined, our hypothesis that the actual and projected fall on the line of perfect projection, or that the composition was cor rectly projected is rejected. The implication is that the composition of the labor force was poorly projected. The bars on chart 1 show the means of the actual and projected labor force rates; if the bars were on the line of perfect fit, there would be no bias in the projec tion. The fit of projected against actual always goes through the point where the two means cross. If the slope of this line is different from the line of perfect fit, the composition has not been accurately projected. If the line is parallel to the line of perfect fit, then it is bi ased. On the other hand, if the projection is unbiased but the trend has not been accurately projected, the projection line will cross the line of perfect fit where the means cross on the line of perfect forecast. Assumptions and realities The Bureau of Labor Statistics’ labor force projec tions have been based on past trends of labor force ac tivity extended forward to particular “target” years. The extrapolated rates (modified when necessary) are then applied to population levels projected by the Bu reau of the Census, producing projected labor force lev els. This general approach is essentially supply oriented. Because of this orientation, the characteristics which re ceived the most attention from the analysts were the impact of marital status and the presence of children on the labor force activity of women and the impact of school enrollment on the participation of younger work ers. For example, the analysts who prepared the 1965 and 1970 projections considered work and childrearing https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 2. Distribution of the 1980 labor force, actual and as projected in 1965, 1970, 1973, and 1976__________ _ _ Projected in Age Men, to ta l...................... 16 to 19 .................... 20 to 24 .................... 25 to 34 .................... 35 to 44 .................... 45 to 54 .................... 55 to 64 .................... 65 and over ............. Women, total ............... 16 to 19 .................... 20 to 24 .................... 25 to 34 .................... 35 to 44 .................... 45 to 54 .................... 55 to 64 .................... 65 and over ............. 1965 1970 1973 1976 1965 1970 19731 19761 64.1 4.8 9.1 17.6 12.1 10.2 8.2 2.1 35.9 3.3 5.4 7.4 6.4 6.8 5.3 1.3 63.2 4.9 8.7 17.7 12.0 10.0 7.8 2.1 36.8 3.4 5.9 8.4 6.7 6.2 5.1 1.2 61.5 4.6 8.7 17.2 11.6 9.7 7.6 2.0 38.5 3.6 6.5 9.1 6.7 6.4 5.0 1.2 Difference Actual 59.7 5.0 8.5 16.3 11.4 9.6 7.0 1.8 40.3 4.1 6.9 10.0 7.4 6.4 4.5 1.7 5.0 3.4 58.1 4.9 8.4 15.9 11.1 9.4 6.7 1.8 6.0 -0.1 0.6 1.7 0.9 0.9 1.5 0.3 0.3 1.8 0.9 0.7 1.1 0.3 0.2 1.4 0.5 0.4 0.9 0.2 41.9 4.1 6.7 11.1 8.1 6.5 4.3 1.1 -6 .0 -5 .0 -0.8 -0.7 -1.3 -0.8 -3.8 -2.8 -1 .7 -1.4 0.3 -0 .3 0.8 1.0 0.1 0.3 -3.4 -0 .5 -0.2 -2 .0 -1.3 -0.1 0.7 0.1 0.0 -0.3 1.6 0.2 0.1 0.5 0.3 0.2 0.3 0.0 -1 .6 0.0 0.1 -1.1 -0.7 -0.2 0.2 0.6 1Middle scenarios. 2The 1980 labor force data are based on 1970 census weights. uncompatible roles. The analysts who prepared the 1973 projections felt that the rapid changes in participa tion rates would not continue; the analyst who prepared the 1976 projection allowed the rapid changes in female participation rates to continue.7 It will be helpful to review the changes in marital sta tus, presence of children, and educational attainment that have occurred since 1965. While such a discussion will not explain the projection errors, it will indicate whether the underlying supply assumptions of the four BLS projections were met.8 Fertility. Births, which peaked in 1958 with a total fer tility rate of 3.8 children per woman, dropped during the 1960’s, turned up slightly at the end of the decade, and then dropped until 1976, when fertility rates were below those of the Great Depression. Since then, the njite has risen slowly. The decline in fertility was not an ticipated and is an im portant factor in the under projection of the labor force activity of women. The negative relationship between fertility and participation lessened, which also was not anticipated. These assump tions by the BLS projectionists were not different from those of other projectionists. Three points should be remembered when considering the effect of fertility on the labor force status of women. First, the total fertility rate— the sum of the birth rates in a year by specific age groups— overstates the actual changes. That is, no cohort of women averaged 3.8 chil dren, nor does it appear likely that the average will drop to 1.7 children. The changes in fertility were ac complished by shifting both the timing of marrying and of giving birth.9 It appears that 20 to 30 percent of re cent generations of women will not have children.10 Sec ond, the direction of causality between births and labor force activity is ambiguous. Both are affected by similar 17 MONTHLY LABOR REVIEW July 1982 • 1980 Labor Force Projections Reviewed factors, such as education, inflation, and the changing social expectation. Increased labor force participation may induce tastes that are incompatible with mother hood. Third, there is a direct effect on labor force par ticipation in that childbirth generally results in the mother withdrawing from the labor force, even if for a short time. M arital status. The changing marital status of the popu lation also affected the growth of the labor force. Not as many married women lived in traditional (spouse present) households. There was a small, 3-percent annual change in the proportion of married women over the 15-year-period, but if applied to the 87 million women in 1980 who Chart 1. Labor force participation rates for 1980, actual and projected in 1965, 1970, 1973, and 1976 Actual 18 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Actual were 16 or older, it amounts to almost 3 million fewer married women. This shift in the proportion of married women resulted in a greater number of women in the labor force, and was reinforced by the increase in the participation rates of married women. The drop in the proportion of married women reflects the “marriage squeeze,” the increased divorce rate, and the postpone ment of marriage. (Marriage squeeze refers to the joint effect of increasing births and the marriage of women to men about 2 years older. About 20 years after the peri od of increasing births, there would be fewer men than women of marriageable age.) These factors also lowered the birth rate and the proportion of women with young children. Parental status. As the proportion of women with young children dropped (as the lower fertility rates im plied), their share of the labor force rose. The 1965 pro jection did not assume growth in the labor force participation of mothers of young children and also did not expect births to drop to such a low level. The 1970 projection also did not explicitly include these assump tions. The 1973 and the 1976 projections attempted to project the number of women with young children by using the current population projections of births. How ever, both projections overestimated the proportion of mothers of young children and, thus, underprojected the growth of the labor force. The implicit assumption in each projection of the size of the negative relation ship between the presence of young children and the la bor force activity of their mothers was another factor in the underprojection of the labor force activity of women with young children. In addition, it is more difficult to project marital and parental status than labor force sta tus. Education. American workers steadily increased their years of formal schooling between 1965 and 1980. This behavior was explicitly modeled in the 1965 and 1970 projections and implicitly assumed in the 1973 and 1976 projections. As education increases, the labor force participation of women also increases." change. Thus, the rapid price changes of recent years probably contributed to the larger than anticipated la bor force growth. To summarize the assumed versus actual experiences affecting the 1980 labor force, fertility was lower than anticipated, resulting in higher female participation than projected; the lesser rate of withdrawal by women to tend young children also meant higher participation. The proportion of women living with their spouses dropped, which would tend to make female participa tion rise. We cannot evaluate how well this was antici pated in 1965 because of data limitations; since 1970, it has not been formally a part of the “model.” The num ber of years of schooling completed rose and, for wom en, so did participation.13Finally, the unprecedented rise in inflation was not anticipated and probably resulted in more wives actively seeking work. Comparison with other projections In 1977, Data Resources, Inc., projected that the ci vilian labor force would increase to 102,500,000 in 1980, or 1.95 percent per year.14 By comparison, in 1976, BLS projected a civilian labor force of 101,600,000 in 1980, a growth rate of 1.86 percent per year. The 1980 labor force was 104,700,000, a 2.46-percent growth rate. Data Resources projection had a somewhat smaller error ( —.51 percent) than the BLS projection ( —.60 per cent), and, of course, was made a year later. Table 3 compares the projected civilian labor force rates of Data Resources and BLS. Overall, BLS did slightly better at projecting 1980 participation rates than did Data Resources; the mean of the absolute values of the deviations is 2.0 for BLS and 2.5 for Data Resources. Both were good at project ing male rates, but Data Resources was superior at pro jecting female rates. Interestingly, Data Resources was Table 3. Comparison of Data Resources and BLS projections of 1980 civilian labor force participation rates [In percent] Inflation. Price changes affect many aspects of economic and social life and, thus, would be expected to have some effect upon labor force activity. Certainly, the pro jectionists made no explicit assumptions about the rate of price increase, but its effect on participation has been explored by many.12 Valerie K. Oppenheimer suggested that wives participate more actively in the labor force to maintain family spending because real earnings of the husband remain constant while the family life-cycle re quires increasing real income. James E. Duggan found that increased participation of wives is partly caused by the uncertainty engendered by rapid rates of price https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Errors Projection Age Actual Data Resources BLS 43.8 62.1 69.0 65.4 65.5 59.9 1.5 .4 -.7 -3 .0 -5.4 -4 .2 -0 .7 -2.1 - .6 -8 .0 -7 .2 -2 .8 50.1 71.5 86.0 95.3 95.5 91.2 .2 -5 .0 -4.4 -2.2 -1 .5 -1.3 .5 0 -1.8 -.1 0 0 Data Resources BLS Women: 16 to 1 7 ............... 18 to 1 9 ............... 20 to 2 4 ............... 25 to 3 4 ............... 35 to 44 ............... 45 to 5 4 ............... 45.3 62.5 69.7 62.4 60.1 55.7 43.1 60.0 68.4 57.4 58.3 57.1 Men: 16 to 18 to 20 to 25 to 35 to 45 to 1 7 ............... 1 9 ............... 2 4 ................ 3 4 ............... 44 ............... 54 ............... 50.3 66.5 81.6 93.1 94.0 89.9 50.6 71.5 84.2 95.2 95.5 91.2 Note: These rates do not reflect any adjustment for the 1980 census. 19 MONTHLY LABOR REVIEW July 1982 • 1980 Labor Force Projections Renewed much better at projecting rates for women age 25 to 34 (estimating rates for this age group has always been dif ficult for b l s ). Also, Data Resources’ worst projection, that for women age 35 to 44 years, was still better than any of the BLS projection rates for women. Among women, only for those age 16 and 17, and 45 to 54, did BLS have lower projection errors than Data Resources. Among men, the Data Resources projection was better than the BLS projection only for those 16 to 17 years. The feat of projecting some of the rates for men exactly should be discounted, indeed the Data Resources error of 0.2 percentage point should be considered equivalent to an exact projection. In general, the superior projec tion made by one projecting group for a sex was offset by the errors made in projecting rates for the other group. Guidelines for users The labor force projections are prepared for a variety of users. Within the Bureau of Labor Statistics, they are an input into the employment, output, and occupational projections; they are also used in employment and training policy development, in market research, in equal employment opportunity work, and by many States as inputs into State labor force and population projections.15 It is not clear what level of accuracy is satisfactory— we presented several measures of errors; the user of the projections should select the measure most relevant to the specific application. There are occasions when the levels or accuracy de scribed here are not sufficient (for example, when the range of uncertainty exceeds the usual levels of unem ployment). If the projections are to be used in simulations con cerning unemployment, they should be used with great caution. Nathan Keyfitz commented that the errors in population projections over a 20-year span are suffi ciently wide as to limit their usefulness; labor force pro jections are even more constrained.16 Most users tolerate a lower accuracy in long-run than in short-run projections because of their different pur poses, and because decisions based on long-run projec tions can be revised or shifted over time. For example, the decision to build or to not build a sewage treatment facility does not depend on the accuracy of the popula tion projected for a locality, but rather on the likeli hood of the population exceeding a specific number. If the facility is built and the population does exceed the threshold number, then the projection was useful even if it was not accurate.17 If the future labor force could be determined with no error, it would not be necessary to revise projections. Four comments should be helpful. First, at the time each of the four projections was made the assumptions about the future of the labor force were reasonable. Sec ond, none of the projections has any turning points; it is quite likely that some of the labor force series will in deed change direction. Third, as Henri Theil points out, projections must at some place in their structure hold change constant, whether it is the level of net migration or the rate of change; this has the effect of under estimating the amount of change.18 Further Jacob Minc er and Victor Zarnowitz say that it is harder to project a rising level of activity.19 These tendencies results in overestimate of the level of men’s labor force activity— and underestimate of the activity of women. The rela tive sizes of the two components of the labor force is more poorly projected. □ FOOTNOTES ' Marc Rosenblum, “On the accuracy of labor force projections,” M o n th ly L a b o r Review , October 1972, p. 22-29. 2Alfred Telia, “Labor Force Sensitivity to Employment by Age, Sex,” In d u stria l R elations, February 1965; and Thomas F. Dernberg, Kenneth Strand, and Judith Dukler, “A Parametric Ap proach to Labor Force Projection,” In d u stria l Relations, October 1966. 3Labor force projections are used in preparing employment, output, and occupational projections. The Bureau’s occupational projections for 1980 are evaluated by Max L. Carey and Kevin Kasunic, in “Evaluating the 1980 projection of occupational employment," M on th ly L a b o r Review, this issue, pp. 22-30, 4 See the following M o n th ly L a b o r R eview articles: Sophia Cooper and Denis F. Johnston, “Labor Force Projections for 1970-80,” Feb ruary 1965, p. 129-39 (reprinted as Special Labor Force Report 49); Sophia Cooper Travis, “The U.S. labor force; projections to 1985,” May 1970, pp. 3-12 (reprinted as Special Labor Force Report 119); Denis F. Johnston, “The U.S. labor force: projections to 1990,” July 1973, pp. 3-13 (reprinted as Special Labor Force Report 156); and Howard N Fullerton and P.O. Flaim, “New labor force projections to 1990,” December 1976, pp. 3-13 (reprinted as Special Labor Force Report 197). 20 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5Michael A. Stoto, “The Accuracy of Population Projections” (Laxenburg, Austria, International Institute for Applied Systems Analysis, 1979). Stoto also found that over the first 10 years of a pop ulation projection, the naive extrapolation method was more accurate than other methods. 6 For more information on this type of comparison, see Henri Theil, E conom ic Forecasts a n d P olicy (Amsterdam, North-Holland Publish ing Co., 1965), and A p p lied E conom etric F orecasting (Chicago, RandMcNally and Co., 1966). The 1965, 1973, and 1976 projections each looked at specific pop ulation groups (for example, mothers of young children), thus, it should be possible to partition the error in the labor force projection into that due to the size of a specific group and that due to the pro jection of labor force rate. However, the archives for the labor force projections are not available, and we can only look at the overall er ror for the major group. 8 Only 1965 projections considered the effects of a drop in the un employment rate (to 3 percent); it concluded that for every 3 jobs created 2 would be filled by the unemployed and one by new labor force entrants. Attempts to prove the effect symmetric were unsuc cessful, so it is not possible to conclude what effect the higher unem ployment rate would have had on the labor force. 9Arthur A. Campbell, “Beyond the Demographic Transition,” D e m ography, 1974, pp. 549-61; and “Baby Boom to Birth Dearth and Beyond,” Annals, American Academy of Political and Social Sciences, January 1978, pp. 40-60. 10David E. Bloom, “What’s Happening to the Age at First Birth in the United States? A Study of Recent White and Nonwhite Cohorts,” a paper presented at the 1981 meetings of the Population Association of America. " Although increases in educational attainment of the population were considered in making labor force projections, the Bureau’s two projections of the educational attainment of the labor force were made by forcing the overall labor force projections to the Census Bu reau’s educational attainment projection for the population. 12See, for example, Valerie K. Oppenheimer, “The Life-Cycle Squeeze: The Interaction of Men’s Occupational and Family Life Cy cles,” D em ography, 1974, pp. 227-45; James E. Duggan, “Inflation, uncertainty, and labor force participation,” Bureau of Labor Statis tics, 1979; and “The Labor Supply of Married Persons: Evidence From the Current Population Survey,” Bureau of Labor Statistics, 1981. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 13Reasons for the decrease in male participation rates are not ex plored in this article. For an analysis, see William V. Deutermann, Jr., “Another look at working-age men who are not in the labor force,” M o n th ly L a b o r R eview , June 1977, pp. 9-14. '“James Yrshus and Roger Brinner, “Labor force growth to 1990: The impact of changing social roles,” D R I L ong T erm R eview , Winter 1977, pp. 92-100. 15 See Ronald E. Kutscher, “New economic projections through 1990— an overview,” M o n th ly L a b o r R eview , April 1979, pp. 9-17. 16Nathan Keyfitz, “The Limits of Population Forecasting,” P opula tion a n d D evelopm ents R eview , December 1981, pp. 579-93. 17 Nathan Keyfitz, A pp lied M a th em a tica l D em ography (New York, John Wiley and Sons, 1977). 18 Henri Theil, A pp lied E conom etric Forecasting. 19Jacob Mincer, and Victor Zarnowitz, “The Evaluation of Eco nomic Forecasts,” in Jacob Mincer, ed, E conom ic Forecasts a n d E x pectations; A nalysis o f F orecasting B ehavior a n d Perform ance (New York, National Bureau of Economic Research, Columbia University Press, 1969), pp. 3-46. A note on communications The Monthly Labor Review welcomes communications that supple ment, challenge, or expand on research published in its pages. To be considered for publication, communications should be factual and an alytical, not polemical in tone. Communications should be addressed to the Editor-in-Chief, Monthly Labor Review, Bureau of Labor Statis tics, U.S. Department of Labor, Washington, D.C. 20212. 21 Evaluating the 1980 projections of occupational employment Job projections prepared by BLS in 1970 proved slightly less accurate than estimates for 1965-75; classification changes again restricted comparability, permitting analysis o f fewer than half o f 160 occupations Max L. Carey and K evin K asunic How reliable were the 1980 occupational employment projections? The Bureau of Labor Statistics’ estimates were on target for professional and service occupations, the two fastest growing occupational groups between 1970 and 1980.1The projections were fairly accurate for farm, craft, clerical, and sales occupations. For the re maining three major occupational groups, BLS projec tions missed the mark by significant margins. BLS underestimated employment growth for managerial and administrative occupations and for nonfarm laborers, while overestimating employment in operative occupa tions. Among individual occupations, the projections proved accurate for optometrists, physicians, veterinari ans, elementary schoolteachers, police, and welders. Op portunities for lawyers and psychologists grew faster than anticipated. In a seeming anomaly of the im pending “cashless society,” cashiers and bank tellers could count on many more jobs than BLS projected, while the number of credit managers was less than an ticipated. As expected, projections for specific occupations were less accurate than for the major occupational groups. Despite some refinements, the 1980 projections were not quite as accurate as the 1975 estimates, which also spanned 10 years.2 Max L. Carey and Kevin Kasunic are labor economists in the Divi sion of Occupational Outlook, Office of Economic Growth and Em ployment Projections, Bureau of Labor Statistics. Digitized 22 for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis In evaluating the 1980 projections, comparability again proved to be a major problem. Fewer than half of the detailed occupations studied in the base year could be evaluated, specifically, only 64 of 160 occupations. Results by occupational group Among the nine major occupational groups, projec tion errors were relatively large for nonfarm laborers, managers and administrators, and operatives. The num ber of nonfarm laborers employed in 1980 was under projected by 17 percent, and the number of managers and administrators, by 13 percent. (See table 1.) By contrast, operative employment was overprojected by 11.8 percent. The average of the absolute percentage er rors for all groups was 6.7 percent. The direction of employment change was not correct ly anticipated for nonfarm laborers and operatives. The number of nonfarm laborers was projected to be 3.7 million in 1980, or about 1 percent lower than the 1970 level. Instead of declining, employment in this group in creased to almost 4.5 million. This projection was prob ably influenced by the trend of the 1960’s, when employment remained at about the same level. Con versely, operative employment was projected to rise from 13.9 million in 1970 to 15.4 million in 1980, but declined to 13.8 million. The 1.6-million overestimate of operatives was the largest error in number for a major occupational group. Operative employment is concen trated in manufacturing industries, which are sensitive to economic fluctuations. After recovering from the re- cession of the mid-1970’s, operative employment had grown steadily and might have reached the projected level if the economy had continued to improve. Em ployment was at 14.5 million in 1979. The direction of employment change was correctly anticipated for man agers and administrators, but employment grew twice as rapidly as projected, resulting in a 1.4-million under estimate of the 10.9 million employed in 1980. The pro jection of managers was probably influenced by the employment trend in 1962-67, when employment only grew from 7.4 million to 7.5 million, with very little fluctuation during that period. Projection errors in the remaining groups were com paratively small. Differences between projected and ac tual employment levels ranged from less than 1 percent for professional and technical workers and service workers to 6.7 percent for salesworkers. Moreover, the projected and actual amounts of change were very close in some occupations. The estimated increase in profes sional and technical workers was only 2.5 percent lower than the approximately 4.5-million increase that oc curred, and the estimated growth in service workers was only 3.1 percent greater than the actual increase of 3.2 million. The projections correctly identified the profes sional and technical workers, service workers, and cleri cal workers as the three fastest growing groups. Results by specific occupation Differences between projected and actual employment in the 64 detailed occupations ranged from an underes timate of 47 percent for psychologists to an overesti mate of 89 percent for locomotive engineers’ helpers. (See table 2.) The absolute percentage errors for all 64 occupations averaged 22.4 percent. About one-half of the occupations had errors lower than the average. Ab solute errors ranged from a 444,000-underestimate of cashier employment in the target year to a 181,000overestimate of telephone operators. Employment was overprojected in slightly more than one-half of the occupations; on average, by 25.8 per Table 1. cent. Among the occupations in which employment was overstated by more than 50 percent were photoengrav ers and lithographers, patternmakers, airplane mechan ics, telephone operators, and credit managers. Employ ment was underprojected in almost one-half of the occupations. The average underestimate was 19.5 per cent. Employment in several occupations was underpro jected by more than 30 percent, including cooks, bar tenders, bank tellers, lawyers, and roofers. The occupational estimates are products of the pro jections of industry employment and of industry-occu pational staffing patterns. Many of the largest errors resulted primarily from misestimates of industry-occu pational staffing patterns. The decline in the ratio of telephone operators to total employment in the tele phone industry, for example, was greater than anticipat ed, and consequently the demand for workers in this occupation was overprojected. Staffing pattern estimates also led to large errors in the projections for locomotive engineers’ helpers, psychologists, credit managers, law yers, and roofers. Misestimates of industry employment totals, rather than industry staffing patterns, were the primary causes of large errors for some occupations. The banking industry, for example, grew much more rapidly than expected, resulting in an underprojection of the demand for bank tellers. Projection errors for cooks, bartenders, and aircraft mechanics also were largely a result of poor projections for the industries in which these workers were concentrated. Size makes a difference Projection accuracy was related to size of employ ment. When weighted by employment in each occupa tion, the average absolute error drops from 22.4 percent to 14.1 percent, indicating that the largest occupations generally had the more accurate projections. Relatively accurate projections for the following three categories, each with more than 1 million workers in 1980, contrib uted substantially to the improved results: blue-collar supervisors; elementary schoolteachers; and stenogra- Comparison of projected employment and actual employment in major occupational groups, 1970-80 [Workers in thousands} Percent change 1980 Professional and technical w o rk e rs............................... Managers and administrators ........................................ N ote: 78,627 11,140 8,289 4,854 13,715 10,158 13,909 3,724 9,712 3,126 Difference between projected and actual Projected Actual Projected Actual Level Percent 95,085 15,500 9,500 5,760 17,285 12,240 15,440 3,700 13,060 2,600 97,270 15,613 10,919 6,172 18,105 12,529 13,814 4,456 12,958 2,704 20.9 39.1 14.6 18.7 26.0 20.5 11.0 -0 .6 34.5 -16.8 23.7 40.2 31.7 27.2 32.0 23.3 -0 .7 19.7 33.4 -13.5 -2,185 -113 -1,419 -4 1 2 -820 -289 1,626 -756 102 -104 -2 .2 -0 .7 -13.0 -6 .7 -4 .5 -2 .3 11.8 -17.0 0.8 -3 .9 ----------;----- Individual items may not add to totals because of rounding. Percent differences are based on unrounded numbers. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 23 M ONTHLY LABOR REVIEW July 1982 • Evaluating Occupational Employment Projections phers, typists, and secretaries. Sampling errors for Cur rent Population Survey estimates diminish relatively as employment size increases, so the long-run data for large occupations would be expected to provide more reliable trends to use in the projections: N um ber o f occu p a tio n s A vera g e a b so lu te p e r c e n t e rro r ...................... 64 2 2 .4 L ess th a n 5 0 ,0 0 0 ............. 5 0 ,0 0 0 to 9 9 ,9 9 9 ............. 1 0 0 ,0 0 0 to 2 9 9 ,9 9 9 . . . . 3 0 0 ,0 0 0 to 5 9 9 ,9 9 9 . . . . 6 0 0 ,0 0 0 a n d m o re . . . . 18 9 14 11 12 29.5 2 4 .9 26.3 17.2 10.1 N u m b e r o f w ork ers T o ta l The direction of employment change between 1970 and 1980 was correctly anticipated for 50 of the 64 de tailed occupations. Again, results were better in the larger fields of employment. Less than one-sixth of the occupations with more than 50,000 workers in 1970 had projections that were in the wrong direction, compared with more than one-third of the smaller fields. Some of the differences, however, between projected increases and actual declines, or vice versa, were relatively small. For each occupation in which the direction of em ployment change was correctly anticipated, the percent age of the actual change accounted for by the projection was computed. In about two-thirds of the occupations the projections underestimated the employ ment change. In the remaining occupations, the projec tions overestimated the change. Employment grew in 46 of the occupations between 1970 and 1980 and declined in the remaining 18. In creases were estimated more accurately than decreases. Projections of growth averaged an absolute 16.1 percent off actual employment, while those of loss averaged 38.4 percent off. Employment in two-thirds of growing occu pations was underestimated. All employment declines either were underestimated or not foreseen at all. The direction of employment change was correctly anticipated for all but two of the growing occupations. The number of elementary schoolteachers increased by about 4 percent, instead of declining by 0.9 percent. Jewelers and watchmakers increased more than 37 per cent, against a projected 0.9-percent decline. Occupations with the most rapid growth had the largest projection errors. Projected 1980 levels for those with employment increases of more than 50 percent be tween 1970 and 1980 averaged 30.1 percent off actual 1980 levels. Projection errors averaged only 9.4 percent for occupations with slower growth. Target-year em ployment usually was underestimated in the fastestgrowing occupations and overestimated in those with the slowest growth. Projections were lower than actual levels in the 15 fastest-growing occupations and higher than actual in 12 of the 15 with the slowest increases. 24 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Decreases were not anticipated in 12 of the 18 occu pations that declined in employment. The projections correctly identified weaver, knitter, compositor and typesetter, locomotive engineer’s helper, railroad con ductor, and brake and switch operator as occupations which would decline in employment, although the rate of decrease was generally underestimated. Testing for accuracy One way to judge the accuracy of an occupational employment projection is to determine whether the pro jection or the base-year employment is closer to the tar get-year employment. In 45 of the 64 occupations, the projections were closer to the target than base-year em ployment. In the remaining 19 occupations, the projec tions either were in the wrong direction or overstated the employment growth by wide margins. Another way to judge projections is to compare them with the results obtained from simple alternative methods. Extrapola tions of employment data by simple linear regression would have been an inexpensive and easy way of pro jecting. Extrapolations based on this simple method were more accurate than the projections for 46 of the 64 occupations.3 Several of the extrapolations, however, missed targets by wide margins, which resulted in a slightly lower weighted error for the projections. The weighted absolute average error was 15.1 percent for the extrapolations, compared to 14.1 percent for the projections. Unweighted errors were about the same for both methods. The evaluation has focused on differences between projected and actual employment levels, rather than dif ferences between actual and projected employment changes. Generally, occupations with accurately project ed levels also were accurate in terms of the proportion of actual change that was estimated. Comparisons of levels, however, have a conservative bias in that projec tions for occupations which have relatively little em ployment change tend to get better marks than those which have the most change, as demonstrated in the following occupations. Employment of psychologists was projected to increase from 33,200 in 1970 to 56,000 in 1980, but actually rose to 106,000, which means that target-year employment was underestimated by 47.2 percent. In contrast, the number of cabinetmakers was projected to increase from 70,000 to 72,700, but rose to 85,000, resulting in an underestimate of 14.5 percent. In terms of the difference between projected and actual employment levels, the projection for cabinetmakers is by far the better of the two. The projection for psycholo gists, however, accounted for about 31 percent of the employment increase that occurred, while the one for cabinetmakers accounted for only 18 percent. Therefore, if the measure of accuracy is the proportion of actual change that was estimated, the projection for psycholo- gists is better. Both kinds of accuracy are important. The accuracy of level is particularly important, howev er, because projected levels are used in calculating re placement needs resulting from retirements and deaths. Rating the handbook ratings In addition to publication in Tomorrow's Manpower Needs, many of the 1980 projections were used as a ba sis for qualitative descriptions in another BLS publica tion, the 1972-73 edition of the Occupational Outlook Handbook, designed to help young people make career plans. In most cases, the handbook description of em ployment outlook for an occupation includes a sentence about the expected change in employment through the 1970’s. The adjectives used to describe expected chang es in employment requirements generally corresponded to these ranges of percent change (increase or decrease): very rapid, 40 or more; rapid, 30 to 39.9; moderate, 15 to 29.9; slow, 5 to 14.9; little or no change, 0 to 4.9. The handbook contained occupational statements for 45 of the 64 occupations for which projections were evalu ated, and the standard adjectives were used in describ ing the outlook in 34 of these statements. Statements on only two occupations, elementary schoolteachers and telephone operators, were incorrect about the direction of employment change. The handbook expected employ ment in this teaching field to decline slowly, but it showed little or no change. The number of telephone operators was expected to grow slowly instead of de clining moderately. The outlook description for tele phone operators was misleading, but the one for elementary teachers was not. The adjectives were on target or only one category off target for about two-thirds of the remaining state ments. Rapid growth in surveyor employment was pro jected, for example, instead of very rapid growth. Adjectives for about one-fourth of the statements were off by two categories, but in some cases it is difficult to determine whether this degree of inaccuracy was mis leading. The difference betwen moderate growth and very rapid growth, for example, does not seem as signif icant as the difference between moderate growth and lit tle or no change. Adjectives for the following occu pations were three categories off the mark: jewelers and watchmakers, boilermakers, and cement and concrete finishers. The outlook descriptions for these occupations likely were misleading. trix and projected 1980 matrix were obtained from a variety of sources. The primary sources of data on occu pational staffing patterns by industry were the 1950 and 1960 censuses. The primary source of total employment in each industry was the Bureau of Labor Statistics’ Current Employment Survey (a payroll survey) for 1947 through 1969. The Current Population Survey (a house hold survey) was the chief source of total employment of occupational groups and most occupations after 1960. Data for some occupations, however, were obtained from independent sources, such as professional societies and regulatory agencies. The primary data source for occupational employ ment by industry was the 1960 census, because informa tion from the 1970 census was not available. However, the 1980 data used in the analysis were largely derived from the 1980 Current Population Survey ( c p s ), which used the 1970 census occupational classification system. Because the Census Bureau revised its 1960 sys tem for classifying employment by occupation for use in the 1970 census, a large proportion of the 160 occupa tions examined in 1970 were not sufficiently comparable for evaluation.4 According to the Census Bureau, all nine occupation al groups had 96 percent or better comparability be tween the two classification systems. Specifically, if the 1960 labor force data were retabulated, 95 percent or more of the employment reported in a particular major occupational group under the 1960 classification system would remain in the same group under the 1970 system, and these workers would represent 95 percent or more of the total for that group. For detailed occupations, there was far less comparability. Of the 297 occupations in the 1960 census classification system, only 171 had 90 percent or better comparability in the 1970 system. About one-half of these occupations, however, were not included in the matrix. In addition, the accuracy of some of the projections that were based on historical data from sources other than the census could not be verified. After eliminating occupations which were less than 90 percent comparable and those which had verifi cation problems, the evaluation of projections was limit ed to 64 of the 160 detailed occupations covered in the matrix. In a d d itio n The 1980 projections of occupational requirements were developed within the framework of a 1970-80 ma trix that described the relationship of employment in 160 occupations and 116 industries. The long-term data used in developing the 1970 ma https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis th e c o m p a r a b i li t y and v e r if ic a t io n w e r e h a m p e r e d b y t h e s a m p li n g e r r o r s o f t h e CPS. F o r a CPS e s t i m a t e o f The framework to p r o b l e m s , t h e c o m p a r is o n o f a c t u a l a n d p r o j e c t e d d a t a w o u ld b e a b o u t 50,000, f o r e x a m p l e , 6,700 o r r o u g h l y 13 th e sta n d a r d error p ercen t o f th e e m p l o y m e n t l e v e l. T h i s m u c h v a r ia n c e w o u l d h a v e a g r e a t im p a c t o n e v a lu a t in g a c c u r a c y , f o r p r o j e c t i o n s a v e r a g e d o n ly 28 p e r c e n t o f f t h e C P S -d e r iv e d 1980 e s t i m a t e s fo r o c c u p a t i o n s w i t h e m p l o y m e n t o f l e s s t h a n 1 0 0 ,0 0 0 . 5 Data constraints precluded construction of a 1980 25 M ONTHLY LABOR REVIEW July 1982 E v a l u a t i n g O c c u p a t io n a l E m p l o y m e n t P r o je c tio n s matrix with actual data comparable to the projected 1980 matrix. Consequently, 1980 employment levels for most occupations were estimated from CPS data, the pri mary source of occupational data for matrices between Table 2. decennial censuses. Data on 1980 employment were also obtained from independent sources, such as professional associations, in cases where the 1960 and 1970 matrices used these sources rather than the census or CPS.6 Comparison of projected, simulated, and actual 1980 employment in selected occupations [Workers in thousands] 1980 Occupation 1970 Projected Simulated Actual Difference between projected and actual Difference between simulated and actual Level Level Percent Projected Simulated Actual Percent Percent change Compositors and typesetters.................... Optometrists ............................................ Delivery, route, and taxi drivers ............... Food counter and fountain workers ......... Blue-collar worker supervisors.................. Heat treaters, annealers, and temperers . Veterinarians ............................................ Welders and flame cutters ...................... Osteopaths ............................................... Physicians and surgeons........................... 175.0 17.5 655.0 291.0 1488.0 22.0 24.0 535.0 13.5 266.0 165.0 21.0 750.0 411.0 1700.0 24.4 33.0 675.0 19.4 395.0 199.5 24.9 696.7 368.4 1708.9 24.7 23.3 616.4 20.1 391.5 165.0 20.9 746.0 417.0 1729.0 24.0 33.8 693.0 18.8 381.3 0.0 0.0 0.1 4.0 -6 .0 -29.0 0.4 -0.8 -18.0 0.6 13.7 0.5 0.5 -1.4 -1.7 1.7 -2.4 -2 .6 3.2 3.6 34.5 4.0 -49.3 -48.6 -20.1 0.7 -10.5 -76.6 1.3 10.2 20.9 19.1 -6 .6 -11.7 -1 .2 2.9 -31.1 -11.1 6.9 2.7 -5.7 20.0 14.5 41.2 14.2 10.9 37.5 26.2 43.7 48.5 14.0 42.3 6.4 26.6 14.8 12.3 -2.9 15.2 48.9 47.2 -5.7 19.4 13.9 43.3 16.2 9.1 40.8 29.5 39.3 43.3 Police and detectives ............................... Radio and television repairers .................. Elementary schoolteachers...................... Furnance tenders, smelters, and pourers . Plumbers and pipefitters .......................... Railroad conductors ................................. Electricians .......................................... Machinists and related workers ............... Stenographers, typists, and secretaries .. Molders, metal, except corem akers......... 415.0 132.0 1260.0 60.0 350.0 40.0 440.0 585.0 3504.0 56.0 600.0 163.0 1249.0 64.0 470.0 39.0 585.0 660.0 4580.0 62.5 584.7 148.8 1856.7 63.3 439.4 31.3 534.7 671.8 4418.2 62.3 579.0 170.0 1313.0 61.0 444.0 36.7 625.0 616.0 4963.0 58.0 21.0 -7 .0 -64.0 3.0 26.0 2.3 -40.0 44.0 -383.0 4.5 3.6 -4.1 -4.9 4.9 5.9 6.3 -6.4 7.1 -7.7 7.8 5.7 -21.2 543.7 2.3 -4 .6 -5 .4 -90.3 55.8 -544.8 4.3 1.0 -12.5 41.4 3.8 -1 .0 -14.7 -14.5 9.1 -11.0 7.4 44.6 23.5 -0.9 6.7 34.3 -2 .5 33.0 12.8 30.7 11.6 40.9 12.7 47.4 5.5 25.5 -21.8 21.5 14.8 26.1 11.3 39.5 28.8 4.2 1.7 26.9 -8.3 42.0 5.3 41.6 3.6 D entists................................................. Meatcutters and butchers, except meatpackers ................................... Carpenters............................................... Railroad brake and switch operators . . . . Mail carriers, post office ........................... Registered nurses ................................... Waiters and waitresses........................ Millwrights ................................. Cabinetmakers................................... 96.7 127.6 144.1 118.3 9.3 7.9 25.8 21.8 32.0 49.0 22.3 190.0 830.0 88.0 254.0 688.7 1040.0 80.0 70.0 200.0 1075.0 85.0 320.0 983.0 1240.0 94.0 72.7 214.4 1079.9 70.2 315.8 984.6 1225.3 88.7 84.6 185.0 1172.0 78.2 357.2 1101.0 1413.0 108.0 85.0 15.0 -97.0 6.8 -37.2 -118.0 -173.0 -14.0 -12.3 8.1 -8 .3 8.7 -10.4 -10.7 -12.2 -13.0 -14.5 29.4 -92.1 -8 .0 -41.4 -116.4 -187.7 -19.3 -0 .4 15.9 -7 .9 -10.2 -11.6 -10.6 -13.3 -17.9 -0 .5 5.3 29.5 -3.4 26.0 42.7 19.2 17.5 3.9 12.8 30.1 -20.2 24.3 43.0 17.8 10.9 20.9 -2.6 41.2 -11.1 40.6 59.9 35.9 35.0 21.4 Shipping and receiving clerks .................. Postal clerks ................................... Mechanical engineers.................... Firefighters........................................ Aeronautical engineers ............................. Civil engineers ............................... Locomotive engineers............................... Surveyors ............................. Dietitians and nutritionists ........................ Jewelers and watchmakers.................. 379.0 300.0 206.7 180.0 63.9 179.9 43.0 51.2 30.0 35.0 430.0 385.0 276.8 275.0 77.6 235.6 43.0 68.2 37.4 34.7 437.9 372.9 253.2 251.2 72.9 245.7 34.7 74.8 42.0 37.6 505.0 456.3 232.0 227.0 64.0 192.0 34.2 93.0 51.0 48.0 -75.0 -71.3 44.8 48.0 13.6 43.6 8.8 -24.8 -13.6 -13.3 -164.0 -14.9 -15.6 19.3 21.2 21.3 22.7 25.7 -26.7 -26.7 -27.7 -67.1 -83.4 21.2 24.2 8.9 53.7 0.5 -18.2 -9 .0 -10.4 -13.3 -18.3 9.1 10.7 13.9 28.0 1.5 -19.6 -17.6 -21.7 13.5 28.3 33.9 52.8 21.4 31.0 33.2 24.7 -0 .9 15.5 24.3 22.5 39.6 14.1 36.6 -19.3 46.1 40.0 7.4 33.2 52.1 12.2 26.1 0.2 6.7 -20.5 81.6 70.0 37.1 Guards ........................................ Boilermakers .................... Cashiers ............................. Cement and concrete finishers ............... Chemical engineers ........................ Plasterers ............................... Postmasters and assistants.................... Cooks, except private household............. Asbestos and insulation workers ............. Crane, derrick, and hoist operators ......... 373.0 24.0 847.0 65.0 50.9 35.0 35.0 740.0 25.0 145.0 425.0 26.5 1110.0 90.0 59.3 40.0 35.0 930.0 34.0 179.0 507.9 26.5 984.4 86.1 58.4 46.4 43.5 922.5 30.8 162.1 589.0 37.0 1554.0 70.0 46.0 31.0 27.1 1335.0 49.0 137.0 -10.5 -444.0 20.0 13.3 9.0 7.9 -405.0 -15.0 42.0 -27.8 -28.4 -28.6 28.6 28.9 29.0 29.2 -30.3 -30.6 30.7 -81.1 -10.5 -569.6 16.1 12.4 15.4 16.4 -412.5 -18.2 25.1 -13.8 -28.4 -36.7 23.0 27.0 49.7 60.5 -30.9 -37.1 18.3 13.9 10.4 31.1 38.5 16.5 14.3 0.0 25.7 36.0 23.4 36.1 10.4 16.2 32.5 14.7 32.6 24.3 24.7 23.2 11.8 57.9 54.2 83.5 7.7 9.6 11.4 22.6 80 4 96 0 -5.5 Weavers, textile ................................... Bank tellers .................... Photographers............................. Bartenders........................... Lawyers and ju d g e s ............................. Roofers and slaters ................................. Knitters, loopers, toppers ............... Inspectors, log and lumber ...................... Psychologists........................ Photoengravers and lithographers ........... 60.0 225.0 65.0 160.0 286.9 60.0 47.5 20.0 33.2 34.0 50.0 337.0 72.0 200.0 342.0 76.0 46.0 23.0 56.0 50.0 57.1 269.7 87.6 185.5 381.5 78.8 44.9 21.2 47.6 38.3 38.0 506.0 111.0 311.0 539.0 124.0 33.0 16.0 106.0 32.0 12.0 -169.0 -39.0 -111.0 -197.0 -48.0 13.0 7.0 -50.0 18.0 31.6 -33.4 -35.1 -35.7 -36.6 -38.7 39.4 43.8 -47.2 56.3 19.1 -236.3 -23.4 -125.5 -157.5 -45.2 11.9 5.2 -58.4 6.3 50.3 -46.7 -21.1 -40.4 -29.2 -36.5 36.1 32.5 -55.1 19.7 -16.7 49.8 10.8 25.0 19.2 26.7 -3.2 15.0 68.7 47.1 -4.8 19.9 34.8 15.9 33.0 31.3 -5.5 6.0 43.4 12.6 -36.7 124.9 70.8 94.4 87.9 106.7 30.5 20.0 219.3 -5.9 Patternmakers, metal and wood ............. Airplane mechanics and repairers ........... Telephone operators........................ Credit managers........................... Locomotive engineers' helpers.................. 43.0 140.0 420.0 68.0 17.2 56.8 194.0 480.0 100.0 14.0 50.7 172.6 497.0 80.5 13.4 36.0 121.0 299.0 54.0 7.4 20.8 73.0 181.0 46.0 6.6 57.8 60.3 60.5 85.2 89.2 14.7 51.6 198.0 26.5 6.0 40.8 42.6 66.2 49.1 81.1 32.1 38.6 14.3 47.1 -18.6 17.9 23.3 18.3 18.4 -22.1 -16.3 13.6 -28.8 20.6 -57.0 26 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 0.0 Methods and assumptions. The basic approach used to estimate future occupational employment requirements was to project total employment by industry, project occupational staffing patterns (ratios) by industry, and then multiply the industry totals by the ratios to obtain occupational estimates. The results were then summed across industries to obtain occupational totals. Projections of the occupational structure of each in dustry were based on examination of historical statistics and the analysis of the factors that influence occupa tional structure changes, such as new technology and changes in the product mix of industry. Employment requirements for many occupations, however, were pro jected independent of their relationships to industry em ployment. The projection of schoolteachers, for exam ple, was based on an analysis of trends in pupil-teacher ratios and the projected school-age population. This technique was preferred in cases where such reliable predictive relationships could be established.7 The 1980 occupational projections embodied certain assumptions about the size of the labor force, Armed Forces strength, the rate of unemployment, and other selected assumptions. Full employment was assumed in the target year and defined as a civilian labor force with a 3-percent unemployment rate. A total labor force of 100.7 million was projected for 1980, and it was as sumed that 2.7 million persons would be in the Armed Forces, yielding a civilian labor force of 98 million. With the assumed unemployment rate, the result was projections of 95.1 million employed and 2.9 million unemployed workers. The employment number was used as a control total for the occupational projections. Total employment underestimated The projection of total employment for 1980 was 2.2 percent below the actual 97.3 million. Ironically, the er ror would have been greater if either the labor force or the unemployment rate had been accurately projected. The labor force projection was 5.7 percent lower than the actual 106.8 million, primarily because the number of women entering the labor force was greater than an ticipated.8 In addition, Armed Forces strength was overprojected by 600,000. The net result was a 6.7-mil lion, or 6.4-percent, understatement of the civilian labor force (workers in thousands); L a b o r f o r c e g ro u p P ro jec ted A c tu a l P erce n t d ifferen ce T o ta l '...................... A r m ed F o r c e s ................... C iv ilia n la b o r fo rce . . . . E m p l o y m e n t ............. U n e m p lo y m e n t . . . 1 0 0 ,7 0 0 2 ,7 0 0 9 8 ,0 0 0 9 5 ,0 8 5 2 ,9 1 5 106,821 2 ,1 0 2 1 0 4 ,7 1 9 9 7 ,2 7 0 7 ,4 4 8 - 5 .7 2 8 .4 - 6 .4 - 2 .2 - 6 0 .9 The unemployment rate in 1980 averaged 7.1 percent, instead of the assumed 3 percent. Consequently, the number of unemployed workers was underestimated by https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis about 4.5 million. In terms of employment, however, this error offset a large part of the error in the civilian labor force projection. If the civilian labor force had been projected correctly, the unemployment assumption would have resulted in a 4.4-percent overstatement of 1980 employment, rather than the 2.2-percent underesti mate that occurred. Conversely, if the unemployment rate had been accurately anticipated, the civilian labor force projection would have resulted in a 6.4-percent understatement of employment. The recovery and expansion that followed the 1974 — 75 downturn came to an end in 1980, as the economy felt the effects of the 1979 oil-price shock. After declin ing from 8.5 percent in 1975 to 5.8 percent in 1979, the unemployment rate rose to 7.1 percent in 1980. Even if the economy had continued to improve, however, it is not likely that unemployment would have declined to the 3-percent rate assumed in the projections. The eco nomic downturn of 1980 affected employment in some occupations more than others. Because unemployment rates for individual occupations were not specified in the assumptions, however, the effect of economic condi tions on the accuracy of a projection for any given oc cupation is difficult to measure. Simulated projections A simulated matrix based on projected 1980 industry employment totals and 1970 staffing patterns for each industry was developed to determine whether these base-year patterns would have resulted in better or worse occupational employment estimates than the pro jected patterns that were used. Neither was clearly su perior, but the 1980 estimates for many occupations changed substantially.9 The projections were more accurate than the simula tions for 6 of the 9 major occupational groups. (See ta ble 3.) However, the average absolute error for all groups declined from 6.7 percent to 5.7 percent as a re sult of the simulations. The improvement in this average was largely because of a much more accurate estimate for nonfarm laborers. Employment in this group was projected to increase less than 1 percent between 1970 and 1980, but actually rose 19.7 percent. The simulated estimate was very close to actual employment. Simula tions also were more accurate than projections for man agers and farmworkers. The simulation improved the projection accuracy for exactly one-half of the 64 detailed occupations in the study and reduced it for the remainder. (See table 2.) The average absolute percentage error increased slight ly, from 22.4 percent to 22.9 percent. Errors from the simulation ranged from a 55-percent understatement of psychologists to a 81-percent overstatement of locomo tive engineers’ helpers. The same occupations had the most extreme errors in the projections, and the values 27 M ONTHLY LABOR REVIEW July 1982 • Evaluating Occupational Employment Projections Table 3. Comparison of projections and simulations of 1980 employment by occupational group [Workers in thousands] Total ................................................. Professional and technical workers ........... Managers and administrators...................... Salesworkers............................................... Clerical w o rkers.......................................... Craft and kindred workers........................... Operatives................................................... Nonfarm la borers........................................ Service w o rkers.......................................... Farmworkers ............................................... Note: Difference between simulated and actual Projected Simulated Actual Level Percent Level Percent 95,085 15,500 9,500 5,760 17,285 12,240 15,440 3,700 13,060 2,600 95,085 15,117 9,910 5,541 16,763 12,143 15,830 4,377 12,695 2,709 97,270 15,613 10,919 6,172 18,105 12,529 13,814 4,456 12,958 2,704 -2,185 -113 -1,419 -412 -820 -289 1,626 -756 102 -104 -2.2 -0.7 -13.0 -6.7 -4.5 -2.3 11.8 -17.0 0.8 -3.9 -2,185 -496 -1,009 -631 -1,342 -386 2,016 -7 9 -263 5 -2.2 -3.2 -9.2 -10.2 -7.4 -3.1 14.6 -1 .8 -2 .0 0.2 Details may not add to totals because of rounding. Percent differences are based on unrounded numbers. were about the same. However, considerable differences appear when the occupations are ranked according to accuracy. Only two occupations were among the 10 with the most accurate projections in each version. Even among each top 20, there were only nine occupa tions in common. Similarly, only two occupations were among the 20 with the worst projections in each ver sion. The simulation increased projection errors substan tially for several occupations. One of the better projections, a 5-percent underestimate of elementary schoolteachers, was raised to a 41-percent overestimate. Because these teachers declined as a percentage of total employment in the educational services industry be tween 1970 and 1980, the use of 1970 staffing patterns in the matrix resulted in an overstatement of employ ment. 10 Some other occupations with much less accurate projections as a result of the simulation were veterinari ans, optometrists, compositors and typesetters, and postmasters. In contrast, projection errors were reduced significantly in several occupations, including credit managers, airplane mechanics, photoengravers and li thographers, and locomotive engineers. Many of the occupations most affected by the simulation were con centrated in relatively small numbers of industries, thus reducing chances of compensating errors in industry-oc cupation cells in the matrix. Similar patterns were observed in both the projec tions and the simulations. The largest occupations generally had the most accurate 1980 estimates. In each case, the direction of employment change was correctly anticipated in about 5 out of every 6 occupations. Em ployment in about two-thirds of the growing occupa tions was underestimated, and nearly all employment declines were underestimated. The simulation exercise indicated that the extrapola tion of staffing patterns did not, on average, produce more accurate projections for detailed occupations than the assumption that the patterns would not change over 28 Difference between projected and actual 1980 Occupational group https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the projection period. This suggests that future work should concentrate on analysis of factors that affect the patterns, rather than extrapolations based on limited observations. Projections for 1975 The 1980 occupational projections were slightly less accurate than those previously developed by the Bureau for 1975. The 1980 estimates have the disadvantage of being based on more dated statistics on occupational staffing patterns of detailed industries as the 1960 cen sus was the most recent source for both projections. However, a larger number of CPS annual estimates of total employment in each occupation was available for the 1980 projections. Although the 1975 projections were published with a 1960 matrix base, CPS estimates of annual employment were available annually through 1965 at the time the projections were being developed and were used in the analysis. Annual CPS estimates through 1970 were avail able for the 1980 projections. Therefore, both the 1975 and 1980 projections covered a 10-year span. The projection of total civilian employment in 1975 was 2.9 percent higher than the actual level of 84.8 mil lion. The 1980 projection, by contrast, was 2.2 percent lower than the actual level of 97.3 million. The differ ence is explained primarily by the underlying labor force projections. In both periods, labor force participa tion rates for women rose more rapidly than expected, resulting in underestimates. However, the labor force was underestimated by only 2.3 percent in 1975, com pared with 5.7 percent in 1980. For each year, it was assumed that Armed Forces strength would be 2.7 mil lion and the unemployment rate would be 3 percent. The number of military personnel was overestimated by about 24 percent in 1975 and by more than 28 percent in 1980. The economic recession of the mid-1970’s ne gated the assumption of a full-employment economy in 1975. The unemployment rate in 1975 averaged 8.5 per- cent, or almost triple the assumed rate. Although the downturn in 1980 was not as severe, the unemployment rate averaged 7.1 percent. Among the comparable detailed occupations, the 1975 projections averaged 21.1 percent off the mark, while the 1980 estimates averaged 22.4 percent off. Accuracy improved, however, for about one-half of the occupations. The largest error among the 1975 projec tions, a 136-percent overestimate of plasterers, was re duced to 29 percent. Large projection errors for civil engineers and knitters, loopers, and toppers also were reduced. Occupations with worse projections in 1980 in cluded airplane mechanics, lawyers, telephone opera tors, locomotive engineers’ helpers, and crane, derrick, and hoist operators. Only two occupations were among the 10 with the most accurate projections for each year. Among the leading 20, there were eight occupations in common. In addition, relatively few of the same occupations were among the least accurate projections for each year. Again, similar patterns were observed in both sets of projections. The largest occupations usually had the most accurate projections. The direction of employment change was correctly anticipated for about 5 out of ev ery 6 occupations in each set. In both the 1975 and the 1980 projections, errors for occupations that declined in employment averaged more than twice as high as those with employment growth. Nearly all employment de clines were underestimated. However, employment in about one-half of the growing occupations was underprojected in 1975, compared with two-thirds in 1980. The 1975 projections performed better against simple extrapolations than the 1980 projections, but the ex trapolations for these two target years were not based on the same number of employment observations. For the 1975 study, annual employment data were available only for 6 years, whereas most of the extrapolations to 1980 were based on 9 years of data. The earlier evaluation did not include a simulation of target-year employment using base year occupational staffing patterns and projected industry employment to tals. Instead, it focused on a simulation based on pro jected staffing patterns and actual 1975 employment totals for each industry, which disclosed that errors in the occupational employment projections were mostly a result of the staffing patterns. Unfortunately, data limi tations precluded a similar study of the 1980 projec tions. New projections Since the 1980 projections were published, the Bu reau has taken steps to improve its occupational outlook program. Recently, the first matrix to be developed from data from the Occupational Employ ment Statistics survey was completed and projected to 1990.11 Previous matrices were based largely on census information on trends in staffing patterns from decade to decade. Because census data are collected only once every 10 years, they do not capture the latest develop ments in occupational employment requirements in dif ferent industries. The occupational employment survey provides much more timely information, as it collects data on a 3-year cycle. The survey also is more specific in its definition of occupations and has a larger sample than the census-derived sample.12 Both this study and that of the 1975 projections indi cated weaknesses in industry-occupation staffing pat terns. The evaluation of the 1980 projections disclosed that mechanical extrapolation of staffing patterns in the matrix does not necessarily produce better results than static patterns. In preparing the 1990 survey-based pro jections, patterns were extrapolated only when detailed analysis showed that there were reasons to expect them to change. As a result, the matrix has more industry-oc cupation cells that remain static between the base and target years. The 1980 projections were based on a single set of as sumptions. Three alternative sets of occupational em ployment projections were developed for 1990 from different assumptions about growth of the labor force, production, productivity, and other factors. While many users of the data may prefer a single set of estimates, the Bureau’s evaluations have demonstrated a wide range of errors in previous occupational projections. In addition, a single estimate concerning the future inevita bly causes users to attribute a precision to it that should not be afforded. Alternatives also are of more value to planners who are concerned with how differ ences in the assumptions might affect the demand for some occupations more than others. □ FOOTNOTES 'The Bureau’s occupational projections for 1980 were published in Tomorrow's M a n p o w er N eeds, Volume IV, revised 1971, Bulletin 1737. 2See Max L. Carey, “Evaluating the 1975 projections of occupa tional employment,” M o n th ly L a b o r R eview, June 1980, pp. 10-20. 3CPS annual averages of employment for 1962 through 1970 were extrapolated for the 51 occupations which use the Census and CPS as data sources for the matrix. Twelve other occupations had matrix esti mates based on independent sources. Rather than attempting to re construct annual data from independent sources, estimates from 1960 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis and 1970 matrixes were extrapolated for these occupations. An ex trapolation was not developed for osteopaths because an estimate for this occupation was not available from the 1960 matrix. The extrapo lation for locomotive engineers’ helpers resulted in negative employ ment in 1980; the negative number was arbitrarily adjusted to a positive level of 100 workers. 4 Technical P aper 2 6 1970 O ccupation a n d In d u stry Classification S ys tem in T erm s o f Their 1960 O ccupation a n d In d u stry E lem ents. (Wash ington, U.S. Bureau of the Census. 1972.) 29 M ONTHLY LABOR REVIEW July 1982 • Evaluating Occupational Employment Projections 5The formula and parameters established from the CPS were not developed specifically for use in identifying standard errors of employ ment in detailed occupations, but, nevertheless, should approximate the magnitude of error. 6For some occupations, the 1970 matrix employment levels and 1970 CPS employment levels were identical. In these cases, the 1980 CPS employment was accepted without adjustment. For many other occupations, however, differences existed between CPS and matrix em ployment levels for 1970, even though the matrix estimates were not developed from independent sources. If a difference was large, the oc cupation was not included in the evaluation. The 1980 CPS employ ment levels were adjusted to account for small differences in the 1970 numbers from the CPS and the matrix. If matrix employment for an occupation in 1970 was 2 percent higher than CPS employment, for example, the 1980 CPS employment was increased by 2 percent. A similar procedure was followed in preparing employment estimates from data obtained from independent sources. For a detailed discussion of the methodology used in developing employment projections, see Tom orrow 's M a n p o w er N eeds, pp. 3-6. “The total labor force participation rate for women was projected at 43.0 percent for 1980. See “The United States economy in 1980,” M on th ly L a b o r R eview , April 1970, pp. 3—34. The labor force partici pation rate for women in 1980 was actually 50.9 percent. For an eval uation of the 1980 labor force projections, see Howard N Fullerton, “How accurate were projections of the 1980 labor force?”, elsewhere in this issue. Other simulations based on different combinations of actual and projected data on staffing patterns and industry employment totals 30 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis would have been interesting. The occupational totals resulting from a matrix based on 1970 staffing patterns and actual 1980 industry em ployment levels could be compared with the actual 1980 occupational totals to determine the extent to which static patterns alone would have affected projection accuracy. Similarly, simulations could be de veloped by combining actual 1980 staffing patterns with projected 1980 industry employment, and projected 1980 staffing patterns with actual 1980 industry employment. These two simulations could be used to determine whether the projections of staffing patterns or the projections of industry employment contributed most to the projec tion error for each occupation. Unfortunately, some of the data need ed for these studies were unavailable. The Current Population Survey (CPS), which was the primary source of data on total employment by detailed occupation for 1980, gives staffing patterns only for industry groups. The Bureau’s establishment survey, which is the source of data on wage and salary employment in each industry, changed from the 1967 Standard Industrial Classification (SIC) to the 1972 SIC in 1978, and, consequently, projected and actual employment levels for 1980 are not comparable for many industries. Actually, the 1970 staffing patterns for elementary schoolteachers were not the sole source of the overprojection of employment in the simulated matrix. The error was compounded by an overprojection of total employment in the educational services industry for 1980. If the industry projection had been correct, the overprojection of elementary teachers would have been reduced by more than one-third. " See Max L. Carey, “Alternative occupational employment projec tions, 1980-90,” M o n th ly L a b o r Review , August 1981, pp. 42-55. 12For a description of the survey, see O ccupational E m p lo ym en t S ta tistics H an dbook, Bureau of Labor Statistics, April 1979. Shortages of machinists: an evaluation of the information Shortages o f machinists appear to exist but the statistics that quantify the shortages are unreliable; some employers can cope by offering higher wages, others may use technological improvements or increase training N eal H. R o senth al Is there a shortage of machinists? Will machinists be in short supply in the future? Various studies offer con flicting answers that cannot be resolved with available data. However, an examination of Current Population Survey, Area Wage Survey, and other data can shed light on why the conflict exists. This article undertakes such an examination. During the past few years many articles dealing with current and expected future shortages of machinists were published in national periodicals. Their basic con clusions are generally consistent: Employers currently are not able to hire as many skilled machinists as they would like; current training is not sufficient to alleviate shortages; and similar conditions have existed for some time. Concern about the future supply is also based on the expected decline in the number of 18- to 24-year-old workers in the 1980’s. However, different conclusions result from studies concerning technological change. They generally state that the need for manual labor in factories, especially highly skilled machinists, will be re duced significantly in the future. Because of the different viewpoints of these studies, future supply-demand conditions for machinists are unclear. Furthermore, very little of the statistical infor mation used to present both sides is based on “hard Neal H. Rosenthal is chief of the Division of Occupational Outlook, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis data.” Most data are obtained from employers in sur veys that have questionable reliability. Existing Federal programs do not collect data on shortages of workers in specific occupations; such data would be very expensive to collect and because of their complexity their reliabili ty would be questionable. Also, information about fu ture occupational shortages is very limited. Neverthe less, by summarizing and analyzing a wide variety of data, insights can be gained into the problems and is sues. Definition of terms Shortages. Data are often misused or misinterpreted be cause definitions of terms are not clearly specified. Shortage, as used here, means that sufficient workers are not available and willing to work at the existing wage level. Traditional economic theory, which states that if wages are raised, supply will increase because more workers will seek jobs, is consistent with this defi nition. However, it usually takes time to acquire the re quired skills, so demand may not be met in the short run. Under these conditions, wages can be expected to rise as employers hire trained workers from each other, overtime will be used to meet production schedules, and less skilled workers will be employed. These factors are apt to raise prices and reduce productivity. In addition, it is likely that employers would raise wages for trainees in an attempt to attract qualified 31 M ONTHLY LABOR REVIEW July 1982 • Shortages o f Machinists workers to machinist training programs and thereby re duce future shortages. However, wages alone do not af fect one’s career choice; working conditions, social status, and personal abilities and preferences are also considerations. Hence, the job market for an occupation is very com plex. Workers employed in a specific occupation may shift to another occupation; die; retire; change jobs by switching employers but remaining in the same occupa tion; or lose their jobs and become unemployed. Most occupations also have several skill levels, and employees can change jobs within the same occupation by moving up the skill ladder. At the same time that individuals leave an occupation or change jobs within it, others en ter the occupation. They come from outside the labor force, as do new young workers and persons who are returning to work after raising a family, pursuing some additional education, or a short period of retirement. Entrants also may come from another occupation or from the ranks of the unemployed. Unfortunately, avail able data do not quantify these various situations accu rately. Machining occupational classification. Many discussions about shortages of machinists are confusing because it is unclear which jobs are included in the job classifica tion. For example, the occupational titles of machinist, machining occupations, and metalworking occupations are often used to mean different groups of workers but sometimes they are used interchangeably. Furthermore, because consistency in occupational definitions does not exist among all Federal statistical programs, data on machinists from various sources may reflect different groupings of workers. For example, the occupational classification used by the Bureau to collect data on wages of machinists from the Area Wage Survey Pro gram is not identical to the classification in the Current Population Survey (C PS). Similarly, the definition of ma chinists for which data are compiled on job openings registered by employers with the U.S. Employment Ser vice does not match the CPS definition. Data on voca tional programs also are classified differently.1 The cov erage of machinists in the various surveys conducted by employer associations to identify shortages also differs from that used in most Federal statistical programs. In clusion of specific jobs within the broad term machin ists also changes from one employer survey to another and probably among employers responding to the same survey. Therefore, results from one survey should not be compared with data based on other surveys unless consistency of job content has been ensured. Unfortu nately, such comparisons have been made in the past even though the data were not comparable. This prac tice has contributed to much of the perplexity concern ing shortages of machinists. 32 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis To avoid confusion in this article, the CPS definition of machinists was used because that survey provides more data than any other single source about employ ment and unemployment trends for workers in machin ing occupations. Furthermore, many other statistical series are reasonably compatible with the CPS or can be related through crosswalks. Machining workers are classified in two skill-level groups in the CPS — skilled workers and operatives. Three skilled machining occupations identified separate ly in the CPS are discussed here— machinists, tool-and-die makers, and job and die setters. Data for five operative occupations— drill-press operatives; grinding-machine operatives; lathe and milling-machine operatives; punchpress-machine operatives; and other precision machine operatives— are also analyzed. Each of these occupations includes workers found in a variety of jobs as classified by employers. For exam ple, the occupation of tool-and-die maker in the CPS’s conducted during 1972-80, includes 35 separate job ti tles, including diemaker, diesinker, jig-bore-tool maker, tool adjuster, and jig-and-fixture builder. Similarly, skilled machinists comprise about 25 specific job titles such as fitter-machine, precision machinist, toolroom machinist, lathe machinist, and aircraft machinist. Lathe and milling-machine operatives include more than 60 different job titles, such as lathe operator, lathe turn er, tool-lathe operator, milling-machine operator, and gear cutter. It should be pointed out that CPS statistics are com piled as if there were a clear break in skills between oc cupations rather than a continuum within each category. For example, all workers in the machinist or the lathe operators category do not perform at the same skill level. Also, the skills of workers who are counted in the skilled machining occupations in the CPS overlap with those of some operatives. Machinists in the 1970’s Employment. Combined employment in the three skilled machining occupations covered separately in the CPS— job and die setters, metal; machinists; and tool-and-die makers— increased from 655,000 to 834,000, or 27 per cent, between 1972 and 1980.2 Job growth averaged 22,400 a year. (See table 1.) In comparison, employment in manufacturing industries, where most machinists are employed, grew by only 6 percent over the same period. Machinist employment grew from 377,000 to 567,000, or 50 percent, but the other skilled machining occupa tions—job and die setters and tool-and-die makers— declined slightly. During the 1975 recession, employ ment did not decrease significantly for any of the skilled machining occupations. Employment in each of the operative machining occu pations fell between 1972 and 1980 or remained at Table 1. Employment in machining occupations, annual averages, 1972-80 [Numbers in thousands] Occupation 1972 1973 1974 1975 1976 1977 1978 1979 1980 Skilled machining occupations, to ta l...................................... Job and die setters, metal Machinists........................ Tool-and-die makers . . . . 655 94 377 184 682 93 402 187 735 97 461 177 731 96 461 174 758 92 478 188 768 97 478 193 773 98 493 182 824 90 552 182 834 91 567 176 Operative machining occupations, total ............... Drill p re ss........................ Grinding machine............. Lathe milling machine . . . Punch stamping press . . . Other precision machines . 625 75 130 123 157 140 595 77 140 136 175 67 601 69 152 137 170 73 489 61 132 118 130 48 508 65 133 106 155 49 524 62 126 121 152 63 542 64 129 125 156 68 562 67 143 123 158 71 502 61 134 114 127 66 roughly the same level. For operative machining occu pations as a group, employment dropped by an average of 15,400 annually. However, during the 1975 recession, employment decreased significantly in each of these oc cupations. Unemployment. Unemployment rates for machinists and tool-and-die makers were lower than those for craftworkers as a whole in each year from 1972 to 1980. (See table 2.) The unemployment rates for tool-and-die makers were very low— less than 3 percent— for most of the period. However, even for this occupation the rate jumped significantly to 7.1 percent during the 1975 recession, although it declined to 3.3 percent in 1976. The unemployment rate for machinists was lower than that for tool-and-die makers prior to the 1975 recession, but was higher after 1975. The unemployment rate for job and die setters was also relatively low in the 1970’s. During the 1970’s, the unemployment rate for the skilled machining occupations was lower than that for durable goods manufacturing as a whole, in which more than 80 percent of all skilled machining workers are employed. Unemployment rates for operative machining occupations were generally higher than average. Earnings. Earnings data for machinists, tool-and-die makers, and machine-tool operators are collected through the Bureau’s Area Wage Surveys. The defini tions for both machinists and tool-and-die makers used in these surveys are not identical to those in the CPS, but they are very comparable. However, the skill level of the machine-tool operators for which wage data are collected is much higher than that which the average worker reported in operative machining occupations in the CPS. The hourly earnings of machinists, tool-and-die mak ers, and machine-tool operators from the Area Wage Surveys varied only slightly within the same city for each year in which data were available during 1972-80. In general, tool-and-die makers earned a little more than machinists who in turn earned slightly more than https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis machine-tool operators, although the pattern varied among cities. (See table 3.) For each occupation, there were some significant earnings differentials among cities. Workers in the machining occupations covered in the BLS Area Wage Surveys had higher average hourly earn ings than all production workers in manufacturing in dustries in the same city as reported in the Bureau’s Current Employment Statistics program. Between 1972 and 1980, the wages of workers in the machining occu pations relative to all production workers remained the same or declined slightly in five cities for which data are readily available. Training. Data on registered apprenticeships indicate that completions declined significantly between 1970 and 1980 for machinists and tool-and-die makers. The number of machinist apprenticeship completions fell from 3,822 to 1,905 between 1970 and 1975, increased to nearly 3,000 in 1977, and then decreased to 2,450 in 1979. Tool-and-die makers followed a similar pattern but their decline from 1970 was even greater. The fol lowing tabulation shows the number of completions and additions to registered apprenticeship programs in 1972— 79 for machinists and tool-and-die makers: 1972 1973 1974 1975 1976 1977 1978 1979 . . . . . . . . . . . . . . . . Machinists Completions Additions — 3,695 — 2,357 6,526 2,047 4,858 1,905 5,567 2,526 5,488 2,967 6,385 2,859 6,397 2,450 Tool-and-die makers Completions Additions 3,825 — — 2,716 4,934 2,051 2,900 1,849 3,888 1,901 5,150 2,387 5,501 2,311 5,379 1,807 However, workers who complete apprenticeship programs are not new entrants to an occupation in an accounting sense, because apprentices are counted in the employment totals for the occupation. Adding them as new workers, when they complete training, would result in double counting. Data on the additions to appren ticeship programs each year provide a better measure of new entrants to an occupation. These data show that the number of new additions to apprenticeship pro grams averaged between 5,000 and 6,500 for machinists and 3,000 to 5,500 for tool-and-die makers from the mid- to late 1970’s. They do not display the declining pattern shown by completions. Training programs for tool-and-die makers, machinetool operators, and machine-shop occupations also are offered in public vocational educational programs. Data on completions are very sparse and their meaning is vague because both secondary and post-secondary com pletions are added together in reports. Thus, the com pletions may reflect a 1- or 2-year program or just one course. Furthermore, the skills of the individuals com33 M ONTHLY LABOR REVIEW July 1982 • Shortages o f Machinists pleting these programs are minimal compared to those of persons finishing apprenticeship programs, and com pletion of vocational courses does not qualify individu als for journeyman positions. Generally, those complet ing these programs subsequently enter apprenticeship programs in order to pursue careers in machining occu pations. In 1978, 2,400 students completed tool-and-die making training in public vocational schools, 3,400 completed training in machine-tool operation, and 32,000 completed training in other machine-shop occu pations. Implications of the data The data presented above do not prove or disprove that shortages of machinists exist. Nevertheless, they are compatible with the existence of such shortages. The data indicate that skilled machinists are im portant in production activities: During the 1970’s, they increased as a proportion of total employment, and even during the 1975 recession, their employment did not decrease. The very low unemployment rates for skilled machining workers during the 1970’s also is very compatible with a shortage of workers. However, it is doubtful that gen eral shortages of machine operatives occurred during this period because of their relatively high unemploy ment rates. However, during some years, these rates were very low for certain operative occupations and in dicate possible shortages. Unlike the data on unemployment, those on earnings of machining workers do not show a pattern that would, in theory, be expected with the existence of shortages. When there are shortages in an occupation over time, its wages should increase relative to those of other workers who are not in limited supply. This was not the case for machinists, as the differential wage be tween machinists and all production workers did not change significantly. However, the constant wage differ ential is not definitive proof that a shortage did not ex ist. Wage structures are interconnected in complex Table 2. Unemployment rates for machining occupations, annual averages, 1972-80 [In percent] Occupation 1972 1973 1974 1975 1976 1977 1978 1979 1960 Total, all w orkers......... 5.6 4.9 5.6 8.5 7.7 7.0 6.0 5.8 7.1 Craftworkers ........................... Job and die setters, metal . . Machinists ........................... Tool-and-die m a ke rs........... 4.3 3.1 3.2 4.0 3.7 1.2 1.9 1.6 4.4 2.2 2.2 2.5 8.3 7.8 7.0 7.1 6.9 4.0 5.9 3.3 5.6 3.2 3.8 2.0 4.6 2.8 3.1 2.6 4.5 3.5 2.7 .9 6.6 4.8 4.8 2.8 Nontransport operatives ......... Drill press............................. Grinding machine ............... Lathe milling machine ......... Punch stamping p re s s ......... Other precision machines .. 7.6 9.5 5.6 5.1 8.2 5.8 6.1 6.3 2.2 1.8 4.7 3.4 13.2 14.7 9.9 20.0 4.5 11.8 3.4 13.1 9.5 23.2 4.9 14.5 10.8 15.8 7.1 8.6 12.1 10.3 9.5 9.5 4.7 5.3 9.4 5.6 8.1 4.9 4.9 4.6 8.0 7.0 8.4 5.8 3.1 2.9 12.9 6.7 12.2 13.4 8.8 9.1 24.1 12.8 Total, durable goods manufacturing ......... 5.4 7.9 7.7 6.2 4.9 5.0 8.9 34 FRASER Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5.4 11.3 Table 3. Earnings of workers in selected machining occu pations relative to those of all production workers, select ed cities, 1972 and 1980 1972 1980 Boston: Machinists............................................................................. Machine-tool operators ....................................................... 1.47 1.43 1.22 1.12 Chicago: Machinists............................................................................. Tool-and-die makers ............................................................ Machine-tool operators ....................................................... 1.31 1.41 1.28 1.32 1.39 1.30 Houston: Machinists.............................................................................. Tool-and-die makers ............................................................ 1.29 1.17 1.23 1.15 Baltimore: Tool-and-die makers ............................................................ Machine-tool operators ....................................................... 1.32 1.15 1.31 1.14 Cincinnati: Tool-and-die makers ............................................................ Machine-tool operators ....................................................... 1.30 1.24 1.26 1.17 City and occupation ways, and there could be conditions that would not al low the differential to change significantly despite a shortage. For example, the industries employing many machinists and tool-and-die makers have numerous small firms that compete for work through bids in re sponse to service requests. If one firm raises its wages, it must also raise its bids, and risk losing work. Thus, raising wages to attract workers may be counter-pro ductive, if the new workers are subsequently not needed because work is not available. Trends in training through apprenticeship programs shed some light on the job market situation for machin ing workers because apprenticeship training is provided by employers. During periods of shortages or expected shortages, employers should be willing to increase train ing. However, during the 1970’s, apprenticeships de creased, implying that shortages did not exist or that they were not severe enough to warrant increased train ing opportunities. However, the employer surveys con ducted by associations discussed earlier in this article not only indicate the existence of shortages, but expanded apprenticeship training programs. But many employers prefer not to have registered apprenticeship programs because these must strictly conform to De partment of Labor regulations, and last for 4 years. Many employers evidently feel they can train workers to acceptable standards in less time through nonregistered programs. Reducing the length of training is very consistent with the existence of shortages. Data on enrollment and completions of nonregistered pro grams do not show up in Federal statistics. As indicated previously, specific data designed to measure occupational shortages are not compiled by the Federal Government. Although data are available on job orders placed with U.S. Employment Service offices throughout the country, they are not comprehensive, covering only an estimated 10 to 15 percent of all job openings, and they are not statistically valid for ana lyzing year-to-year changes. However, a 1980 pilot survey of job vacancies in Massachusetts, conducted to test the collectibility of such data, point to the existence of a shortage of ma chinists— at least in that State. The job vacancy rate (vacant jobs divided by total employment) for machin ists was 13.3 percent in 1979 and 12.5 percent in 1980,3 significantly higher than for any other occupation in the State. High vacancy rates (over 4 percent in each year) also were found for mechanical engineers, computer sci entists, registered nurses, licensed practical nurses, and computer programmers. These occupations are tradi tionally placed in the “shortage” category, and it is significant that the vacancy rate for machinists was much higher. Journal articles analyzing employment and shortages of machinists often discuss the age distribution of these workers. Much is written that the average age of ma chinists is increasing. Such reports generally imply that the age distribution of machinists is becoming skewed toward the older age groups; but data on the age distri bution of machinists and job and die setters collected in the CPS dispute this conclusion. For example, between 1972 and 1980, the proportion of these workers who were 55 to 64 years old declined, and significant in creases were recorded in the 20 to 24 and 25 to 34 age groups. The rise in the younger group followed the trend of the total population and of craftworkers as a whole. Some of the employer surveys we have men tioned, which indicate shortages and the need for more training, also imply that the increasing average age of these workers is not a problem. A look at the 1980’s Because machining workers are key to many types of industrial production, economic and industrial planners are very concerned about the future job market for these workers. The issue is particularly significant to those concerned with the capability of U.S. industry to cope with a major defense buildup. Some insights about this topic can be gained from BLS projections of em ployment in machining occupations.4 Until 1980, the Bureau’s occupational projections were developed using historical employment data de rived from the CPS. However, in 1980, the Bureau shifted the base for current occupational employment from the CPS to employment data generated by the Oc cupational Employment Statistics ( o e s ) Survey. OES data are obtained by mail questionnaire from a sample of establishments that is designed to produce estimates of industry staffing patterns. Specific occupational defi nitions are listed on the questionnaire for each major occupation in an industry, and up to 16 different ma chining occupations can be found on an industry ques https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis t io n n a ir e . F o r t h e s e r e a s o n s , a s w e l l a s o t h e r s r e la t e d t o s u r v e y m e t h o d s a n d p r o c e d u r e s , OES s u r v e y - b a s e d e m p l o y m e n t d a t a a r e b e l ie v e d t o b e m o r e a c c u r a t e th a n t h o s e d e r iv e d f r o m d a ta by d e t a i le d t h e CPS f o r m e a s u r i n g e m p l o y m e n t in d u s t r y . H o w e v e r , b e c a u s e n a tio n a l OES s u r v e y d a t a w e r e n o t a v a i la b le p r io r t o 1978, a n a ly s i s o f h i s t o r i c a l d a t a i s C P S -b a se d . Employment data on machining occupations in the and the OES survey are not strictly comparable be cause of differences in definitions, as well as in survey procedures and methods. For example, the 1980 CPS to tal for skilled machining occupations— job and die set ters, machinists, and tool-and-die makers— was 834,000, about 266,000 higher than the 568,000 in 12 separate OES occupations that are in theory comparable to the three CPS groups combined. Actually, the num bers of job and die setters were reasonably close, 91,000 ( c p s ) and 93,300 ( o e s ), as were the totals for tool-anddie makers, 176,000 ( c p s ) and 170,000 ( o e s ). However, figures for machinists varied considerably, 304,000 ( o e s ) and 567,000 ( c p s ). Data in the CPS are collected directly from individuals who respond to questions about their work activities. It is very likely that operators of numerically controlled machine tools, and the highly skilled “machine tool op erators, combo” who operate several machines are in cluded in the CPS machinist category rather than in the operative category, “other precision machine opera tives.” These workers probably consider themselves to be machinists rather than machine operators, and they are apt to report to a CPS interviewer in a manner that would result in their being classified as the former. Their salaries also are very close to, if not higher than, machinists’ and tool-and-die makers’, and far exceed those of other workers in the machine operator class. If one assumes that these workers are counted in the CPS machinist category, and adds their OES employment (52,700 numerically controlled machine tool operators and 170,700 machine tool operators, combo) to the OES employment of skilled machining workers, the OES total would be 791,300, compared with 773,000 in the CPS. The above discussion was designed to establish rea sonable comparability of data on employment of skilled machining workers based on CPS and OES survey data. If the data are reasonably comparable, comparisons can be made between historical and projected data. As not ed earlier, employment in skilled machining occupations grew an average of 22,400 a year between 1972 and 1980. In the Bureau’s three alternative projections of employment to 1990, the average annual growth of em ployment for skilled machining workers (including nu merically controlled machine tool operators and machine tool operators, combo) ranged from 11,900 to 23,200 from 1980 to 1990. In each projection, the rate of growth of employment is expected to be slower than CPS 35 M ONTHLY LABOR REVIEW July 1982 • Shortages in Machinists in the 1970’s, and only in the high-trend model is the 1980-to-l 990 numerical average annual growth similar to that of the 1970’s. (See table 4.) Table 4. Employment in skilled machining occupations, 1980 and projected 1990 [Numbers in thousands] Conclusions Occupation Information about the job market for skilled machin ing workers during the 1970’s is consistent with the existence of shortages. However, statistics generated by ongoing government data collection programs do not provide the information necessary to quantify the short age. Quantitative data from surveys conducted by em ployer associations are statistically unreliable and probably overstate the numerical shortage. Some em ployers do not experience a shortage of skilled machin ing workers because they offer higher than average wages, benefits, or both. Also, the severity of the short ages varies among geographic areas. Employers can deal with shortages in many ways. Some can offer wages that are higher than other em ployers in their locality and therefore are able to hire the workers they need, while others implement techno logical gains or increase training. Those using technological development to cope with shortages may expand their use of numerically con trolled machine tools, machining centers, adaptive con trol, digital readout, manual data input control, improved cutting-tool materials, and group technology.5 However, because technological improvements often re quire substantial capital investment, smaller employers may have great difficulty in obtaining the required funds and therefore cannot make the desired innovations. Many employers have increased training in an effort to reduce shortages of skilled machining workers. Skilled machining workers must be trained on the job; therefore, unless employers cooperate, additional work ers will not become available. However, training is ex pensive and many employers are not able to significantly expand their training efforts. General shortages of skilled machinists should not worsen during the 1980’s, but they may be marked in some localities. For example, if defense purchases were to rise rapidly during a short time frame and affect industries in a specific area, the shortage could become so acute that the planned increases in production could not occur. In general, however, unless programs are designed to Total, all skilled machining occupations ............... 1980 employment Projected 1990 employment Low trend High trend I High trend II 791.4 910.4 1,023.2 958.2 Job and die setters, m e ta l......... Dlesetters............................... Machine toolsetters, metal . .. Setters, molding and coremaking machines......... Punch press setters, metal . . . Shear and slitter setters......... Setters, plastic molding machine ............................. 93.3 4.3 55.5 112.5 5.2 65.9 124.2 5.8 73.7 114.5 5.4 67.2 1.3 19.2 5.5 1.9 23.3 6.6 1.9 25.9 7.2 1.9 23.9 6.7 7.4 9.6 9.8 9.4 Machinists ................................. Layout markers, m e ta l........... Machinists............................... Moldmakers, pottery ............. 304.3 21.3 281.9 1.1 352.2 24.3 326.7 1.2 390.8 27.2 362.3 1.4 386.3 24.8 335.4 1.3 Tool and die m a kers.................. Tool-and-die makers ............. Diesinkers............................... Instrument m akers.................. 170.3 162.8 3.1 4.3 184.3 175.7 3.4 5.1 212.2 202.5 3.9 5.7 188.7 180.7 3.5 5.1 Machine-tool operators, combo . Machine-tool operators, numerical control ................................... 170.7 199.9 226.2 205.9 52.7 61.2 69.9 62.8 foster action on the part of employers, current shortages are not likely to be reduced significantly. Some specific program may be necessary to provide employers with an incentive to expand the rate at which new technolo gy is introduced or to increase the number of workers trained each year. Because skilled machining workers must be trained on the job in 3- to 4-year programs, increases in such pro grams providing machining skills offered in vocational education and Comprehensive Employment and Train ing Act ( c e t a ) programs will not reduce shortages. However, individuals who complete these programs do qualify for entry into employer training programs and many employers prefer to enroll individuals who have completed an appropriate vocational education or CETA program. Because machinists are expected to have excel lent job prospects through the 1980’s, earnings are above average, and unemployment rates are low, expansion of these programs is appropriate. However, the major im pact of this action will be to improve the quality of the individual entering employer training programs, rather than increasing their number. □ FOO TNOTES ' The value of consistency in data collection programs is recognized by the Federal Government. In 1980, the Office of Management and Budget issued the Standard Occupational Classification (SOC) which is to be used by all Federal agencies in collecting occupational data. Federal statistical data therefore will become more compatible throughout the 1980’s, as agencies convert to the SOC. 2Data from the Current Population Survey are not presented for the years prior to 1972 because the data are not comparable. 3See Massachusetts Division of Employment Security, Job Openings in M assachusetts, 1980, and A n A nalysis o f S elected H igh N e t D e m a n d Digitized36 for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Occupations: Findings From a S ta te -W id e S u rvey (Massachusetts, The Executive Office of Economic Affairs, 1981). “Projections are developed of the labor force, the gross national product, industry output, industry employment, and occupational em ployment. The latter are available by 3-digit Standard Industrial Classification industry detail in the form of an industry-occupational matrix. 5See Technology a n d L a b o r in F our Industries, Bulletin 2104 (Bu reau of Labor Statistics, January 1982), ch. 3. The A natom y of Price Change Reconciling the CPI and the PCE Deflator: first quarter 1982 Julie A. Bu n n and Jack E. T riplett This reconciliation of the Federal Government’s two ma jor inflation measures— the Consumer Price Index (cpi), published by the Bureau of Labor Statistics, and the Implicit Price Deflator for Personal Consumption Ex penditures (pce Deflator), produced by the Bureau of Economic Analysis— extends the data through the first quarter of 1982.1 Reconciling period-to-period changes. For only the sec ond time in the past 3 years, the Consumer Price Index for All Urban Consumers (CPI-U) rose more slowly than the comparable PCE price measure (the “ PCE: ChainWeight” index)2 in the first quarter of 1982 (table 1). The most recent quarter is the first time that all three elements— differences in the measurement of housing costs, differences in weighting, and the effect of “all oth er” factors— of the reconciliation operated to slow the CPI-U relative to the “ PCE: Chain-Weight” index. For the second quarter in a row, the CPl-Xl, the ver sion of the Consumer Price Index which approximates a “rental equivalence” measure of housing identical to that employed in calculating the PCE Deflator, increased at a faster rate than the CPI-U. Thus the “housing ef fect” in table 1 was negative (meaning that, in the most recent quarter, the treatment of housing has contributed to the PCE measure rising faster than the CPl-u). For the third quarter in a row (and contrary to what is usually expected) the “ PCE: Chain-Weight” index, which draws its weights from the immediately preceding period has risen more rapidly than an index based on the same price data, but using 1972 weights.3 This cre ates a negative “weighting effect” in table 1. Julie A. Bunn is an economist in and Jack E. Triplett is assistant commissioner of the Office of Research and Evaluation, Bureau of La bor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Finally, the “all other” effect, which measures the in fluence of compilation and computational differences other than the drawing of weights from different peri ods and the treatment of owner-occupied housing, con tinues the first quarter behavior of previous years, but stands out as the largest negative “all other” effect in more than 3 years. Differing seasonal adjustment meth ods account for part of the “all other” effect. The most striking result from table 1 is the emer gence of negative values for the weighting effect. It is usually expected that an index that uses 10-year-old weights will rise somewhat more rapidly than one that uses recent or current weights, and the weighting effect bore out this presumption for earlier periods (even though weights have never contributed very much to the difference in CPI and PCE movements). In the seven quarters since m id-1980, however, the weighting effect has taken on its expected positive sign in only one quar ter (1981-1); in three other quarters, different weighting periods made no difference in the index measurement, Table 1 "Reconciliation” of annual and quarterly percent changes in the CPI-U and the Personal Consumption Expenditure price measures, 1980 to 1982-1________ 1982 1981' 1980 1981 CPI-U2 ................................. PCE: Chain-Weight3 ........... 13.5 10.6 Total difference4 (CPI-U minus PCE: Chain-Weight). Housing treatment5 . . . Weighting effect6 ......... “ All other” effect7 . . . . 2.9 2.3 0.4 0.2 Difference 1 II III IV I 10.4 9.0 11.0 10.3 7.8 6.5 11.8 8.7 7.7 7.4 3.2 5.7 1.4 0.9 0.1 0.4 0.7 0.4 0.6 -0.3 1.3 0.5 3.1 2.7 -0.5 0.9 0.3 -0.5 -0.2 1.0 -2.5 -1 .3 -0.5 -0.7 0.0 0.8 10wing to changes in seasonal adjustment factors, the quarterly figures, seasonally ad justed annual rates, may differ slightly from those which appeared in table 1, p. 43, January 1982, Monthly Labor Review. 2 Annual and quarterly changes in the CPI-U are taken from tables provided by the Office of Prices and Living Conditions, Bureau of Labor Statistics. The changes are compiled from 1967 based indexes. 3 Data for the “ PCE: Chain-Weight” were obtained from the Bureau of Economic Analysis, U.S. Department of Commerce. 4 CPI-U minus “ PCE: Chain-Weight” equals the sum of "housing treatment” , "weighting” , and “ all other” effects. 5 Change in CPI-U minus change in CPI-X1. See September 1981 Monthly Labor Review, p. 21, for fuller explanation. Source of CPI-X1 data is same as footnote 2. 6Change in “ PCE: 1972-Weight” minus change in "PCE: Chain-Weight.” See September 1981 Monthly Labor Review, pp. 8-9, for fuller explanation. Data source for “ PCE: 1972-Weight” changes is same as for footnote 3. 7Change in CPI-X1 minus change in “ PCE: 1972-Weight.” See September 1981 Monthly Labor Review, p. 6, for fuller explanation. 37 MONTHLY LABOR REVIEW July 1982 • A natom y o f Price Change Table 2. "Reconciliation” of the CPI-U and the Personal Consumption Expenditure price measures: cumulative percent change from 1972 to the date shown 1981’ Difference CPI-U (1972 = 100)2 ............. PCE Deflator (1972 = 100) (Current-Weight)3 ............... Total difference (CPI-U minus PCE Deflator)4 Housing treatment5 ......... Weighting effect6 ............. "All other” effect7 ........... 1980 1981 197.0 1982 I II III IV I 217.4 210.3 214.3 220.4 224.6 225.9 178.9 193.8 188.5 191.5 195.7 199.4 201.8 18.1 11.7 5.4 1.0 23.6 14.5 7.2 1.9 21.8 13.3 7.3 1.2 22.8 13.7 7.4 1.7 24.7 15.4 7.2 2.1 25.2 15.5 7.0 2.7 24.1 14.9 7.4 1.9 1Owing to changes in seasonal adjustment factors, quarterly figures may differ slightly from those which appeared in table 2, p. 44, January 1982, M onthly Labor Review. 2Annual data for the CPI-U were computed by the Office of Research and Evaluation (BLS) from unadjusted monthly data provided by the Office of Prices and Living Conditions (BLS). The quarterly data for 1980 and 1981 were computed by the Office of Research and Evaluation employing seasonally adjusted monthly data provided by the Office of Prices and Living Conditions. 3 Data for the Implicit PCE Deflator, or “ PCE: Current-Weight" index, were provided by the Bureau of Economic Analysis. The data incorporate revisions released in April 1981. 4 CPI-U minus PCE Deflator equals the sum of “ housing treatment” , "weighting” , and “ all other” effects. 5 CPI-U minus CPI-X1. See September 1981 Monthly Labor Review, p. 5, for fuller expla nation. Data source for the CPI-X1 is the same as footnote 2. 6 "PCE: 1972-Weight” minus “ PCE: Current-Weight.” See September 1981 Monthly Labor Review, p. 6, for fuller explanation. Data source for the “ PCE: 1972-Weight” is same as footnote 3. 7CPI-X1 minus "PCE: 1972 Weight.” See September 1981 Monthly Labor Review, p. 6, for fuller explanation. Digitized38 for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis while in the three most recent quarters values for the weighting effect have negative signs, reflecting the fact that the index with the most recent weights has regis tered the larger increase. Reconciling cumulative changes. Table 2 presents a cu mulative reconciliation of the CPI-U and the PCE De flator (or PCE: Current-Weight), from 1972 to the first quarter of 1982. This table continues the cumulative comparisons of previous reconciliation articles. □ --------- F O O T N O T E S ---------1The initial reconciliation and technical basis for the analysis is contained in Jack E. Triplett, “Reconciling the CPI and PCE Defla tor,” M o n th ly L a b o r R eview , September 1981, pp. 3-15. 2As discussed in Triplett, pp. 7, 13-14, the “PCE: Chain-Weight” index is comparable to the CPI-U for the purpose of making periodto-period comparisons, while the PCE Deflator, a Paasche-formula index, is used for the cumulative reconciliation because Paascheformulas lend themselves to statistical interpretation only when refer ring back to the base year (in this case, 1972). 3See footnote 7 to table 1 and the Triplett, “Reconciling the CPI and PCE Deflator,” for information on the computation of the weighting effect. Technical Note Labor force data: the impact of the 1980 census D eborah P is e t z n e r K l e in The widely publicized national unemployment figures are derived from the Current Population Survey. This survey, conducted by the Bureau of the Census for the Bureau of Labor Statistics, obtains information from approximately 60,000 households each month, making it the largest survey of its type in the world. It provides data on employment and the labor force as well as un employment, including information on age, sex, race, occupation, and industry. A sample survey is a cost effective means of obtaining current labor force data. Every surveyed individual, 16 years or older, is classified as employed, unemployed, or not in the labor force, based on the responses to a structured questionnaire focusing on specific activities during the reference week. Because labor force classifi cations are obtained from the sample households rather than a complete universe, the responses must be transformed from raw survey data into estimates which reflect the target national population— the civilian noninstitutional population 16 years and older. This process has several steps which have been detailed in various technical publications.1 This article addresses only one aspect of the process— the use of independent population estimates derived and updated from the de cennial censuses, which are used to transform the sam ple data into meaningful statistics. Population estimates In a simple example, if information were obtained from a sample of 5 individuals who represent a universe of 100, each response would be multiplied by 20. How ever, in the CPS, independent population estimates have been established for each of 64 age-sex-race groups. The reason for using separate weights by demographic group is to adjust for the fact that the distribution of the individuals who fall into the sample in any month may differ somewhat from that of the entire Nation in Deborah Pisetzner Klein is a senior economist in the Division of Em ployment and Unemployment Analysis, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis terms of age, race, or sex. Because these characteristics are closely correlated with labor force status, sample es timates are more accurate when weighting is done sepa rately for each age-sex-race group rather than with a single population estimate for the sample as a whole. Population estimates are derived by taking population counts by age, sex, and race from the preceding decen nial census and adjusting them monthly throughout the ensuing decade, taking into account the aging of the population, mortality, and net migration. When the ac tual counts from the subsequent census are available, they become the new benchmark from which to esti mate future population levels. In past decades, there has generally been a small discrepancy between the new benchmark and the population estimate for that period as derived from the previous census. As the Census Bu reau changed from one set of population controls to the next, there would be a corresponding break in the vari ous labor force series because they were based on these population estimates. Historically, the effect of the change from one popula tion base to the next was relatively minor. For example, the net differences resulting from the introduction of the 1970 census-based population estimates to the CPS were about 800,000 for population and 300,000 for labor force and employment. However, the conversion to the 1980 census-based population estimates has an entirely differ ent order of magnitude. When the 1980 census was taken, the resident population estimate based on the ex trapolation of the 1970 census was 221.7 million. Howev er, the 1980 census actually enumerated 226.5 million persons. Consequently, the population estimates underly ing the CPS— the civilian noninstitutional population 16 years and over— were increased by 3.7 million (on an an nual average basis in 1981) expanding the labor force by 2.3 million and employment by 2.1 million. Data adjustment The Census Bureau and BLS have historically followed the procedure of introducing population weights based on the new decennial census into the CPS in a single month (at the beginning of a year to avoid distortions to annual average data), and indicating in footnotes and technical articles the presence of a series break.2 Because of the magnitude of the change, this ap proach was not suitable this time. Accordingly, the Census Bureau revised its intercensal population esti39 MONTHLY LABOR REVIEW July 1982 • Technical Notes mates and the Bureau of Labor Statistics adjusted many of the more important labor force series in order to avoid sizable discontinuities. Using an estimating meth odology developed jointly by BLS and the Census Bu reau, the BLS developed revised estimates for some 30,000 labor force series for the 1970’s that are consis tent with the 1980 census-based population controls as well as the 1970 census. The revision procedure takes the April 1970 labor force estimates as the last “true” estimate and adjusts each subsequent data cell. The estimated difference in 1981 between each labor force estimate generated by the 1980 census count and the corresponding 1970based population estimate— called the “difference of closure” — is wedged back in time from December 1980 to April 1970. The procedure takes into account both the distance in time from the 1970 census and the speci fic size of the difference of closure for each series.3 The following simplified diagram may serve to illus trate the procedure. For any labor force series, point A represents the estimate for 1970, point B represents the estimate for 1981 as originally published using the pop ulation weights derived from the 1970 census, and point C represents the estimate for 1981 based on the popula tion weights derived from the 1980 census. Thus, line AB represents the 1970-81 trend in the labor force se ries as originally published, line AC represents the trend after revision, and BC represents the difference of clo sure. (Had a real labor force series been graphed, AB and AC would not, of course, be straight lines, but rather would follow paths influenced by secular and cy clical developments.) Difference of closure Time One reason for revising the data is that many users need to examine trends over time. In fact, one of the strengths of the CPS is that it provides a consistent time series which permits the tracking of cyclical and secular movement among demographic groups. These labor force revisions are necessarily provisional Digitized for 40FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis because the underlying estimates of population for the 1970-80 period are considered preliminary by the Bu reau of the Census. Completion of the 1980 census cov erage studies and evaluation of the 1970-80 population estimates may cause the Census Bureau to readjust its revised population estimates for the 1970-80 period, which, in turn, may cause the BLS to further revise the CPS labor force estimates. The wedge procedure is based on the premise that within each group the unexpected population increase took place on a consistent basis throughout the 1970’s. Without specific evidence to the contrary, this was the most reasonable assumption to make. While the provi sional revision provides a smooth, continuous, and rea sonable time series, there are several key questions to consider in determining whether the existing wedge pro cedure will remain the most appropriate. Studies that could aid in this determination include comparisons of 1970 and 1980 census coverage; evaluation of any esti mates of undercount in the 1980 census and how they may differ by age, sex, and race from previous censuses; as well as estimates of the number of illegal aliens count ed in the 1980 census and judgments about how long such persons have been living in the United States.4 Revised labor force data are being issued by the Bu reau of Labor Statistics in several steps. More than 350 series of revised monthly seasonally adjusted data were published in the February 1982 issue of Employment and Earnings, which also contained revised annual aver ages for major estimates back to 1970. The March 1982 issue of Employment and Earnings contained 62 tables of 1981 annual averages, some including comparisons with 1980, on a revised basis. (Annual averages for 1981, prior to revision, were published in the January 1982 issue and, thus, are available for comparison.) In terms of the Monthly Labor Review, the March 1982 is sue was the first to contain revised data. In late 1982, BLS is scheduled to publish a data book with 176 tables containing nearly 15,000 data series on a revised basis. In the meantime, many series of both actual and sea sonally adjusted data may be obtained from the BLS upon request. Table 1 provides labor force, employ ment, and unemployment estimates both before and af ter revision for the 1970-81 period. While all data series were subject to revision, the underlying population adjustments caused significant changes to only those series that measured levels or counts. Labor force series which are expressed in terms of percentages— such as the unemployment rate, the participation rate, and the employment-population ratio — were largely unaffected by the revision process. This is because the population adjustments generally had the same proportionate effect on the numerator and the de nominator used to derive the percentage. Small changes occurred because of rounding differences and where Table 1. Employment status of the noninstitutional population using 1970 and 1980 census based population estimates, 1970-81 _________ Civilian labor force Year 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 ............. ............... ............... ............... ............... ................ ............... ............... ............... ............... ............... ................ 1970 based 1980 based 82,715 84,113 86,542 88,714 91,011 92,613 94,773 97,401 100,420 102,908 104,719 106,393 82,771 84,382 87,034 89,429 91,949 93,775 96,158 99,009 102,251 104,962 106,940 108,670 Unemployed Employed Unemployment rate 1980 based 1970 based 1980 based 1970 based 1980 based 78,627 78,678 79,120 79,367 81,702 82,153 84,409 85,064 85,935 86,794 84,783 85,846 87,485 88,752 90,546 92,017 94,373 96,048 96,945 98,824 97,270 99,303 98,313 100,397 4,088 4,993 4,840 4,304 5,076 7,830 7,288 6,855 6,047 5,963 7,448 8,080 4,093 5,016 4,882 4,365 5,156 7,929 7,406 6,991 6,202 6,137 7,637 8,273 4.9 5.9 5.6 4.9 5.6 8.5 7.7 7.0 6.0 5.8 7.1 7.6 4.9 5.9 5.6 4.9 5.6 8.5 7.7 7.1 6.1 5.8 7.1 7.6 1970 based changes in the demographic composition of a group af fected larger aggregates. Revised labor force growth Compared with the data as originally published, the revised data indicate, of course, a faster pace of labor force growth over the past decade. According to origi nally published data, the labor force grew by 24 mil lion, or 29 percent, during the 1970-81 period; as revised, the increase was 26 million, or 31 percent. (See table 2.) In terms of employment levels, the comparable rates of growth were 25 percent prior to revision and 28 percent afterwards. The adjustment was not evenly distributed among the various demographic groups. The 1970-81 labor force growth for men was revised upward by more than 10 percent for every age group through 44 years, but the revised labor force levels were actually lower for men 45 to 54 years of age. Women showed smaller increases until the older age categories, where there were very large changes for 55- to 64-year-olds (31 percent) and those 65 and over (18 percent). In general, the share of workers accounted for by persons under 35 years of age increased with the revised data. Because of the adjustment methodology, these revised growth patterns are a direct result of the patterns of la bor force revisions. Labor force estimates for 1981 are, on average, 2.1 percent higher using the 1980 censusbased population estimates. About 70 percent of the 2.3 million increase occurred among persons 20 to 34 years of age, whose “corrected” labor force size was 3.7 per cent higher than originally estimated. (See table 3.) Under the revised system, the number of black work ers was 2.6 percent higher in 1981 and the age distribution of the incremental increase was even more skewed toward those under age 35. Unlike the situation for whites, for whom the increments for men and wom en were about the same, the overall increase in the black labor force was higher for women. Furthermore, the age patterns by sex are quite different. The upward revisions in the black male labor force occurred entirely among persons under 45 years of age. For black wom en, the gains were spread more widely throughout the age spectrum. This is based upon the fact that, accord ing to the 1980 census findings, the population of black men under age 45, as brought forward from the 1970 census, had been underestimated; black women had also been underestimated but to a lesser degree than these black men. The large differences in the population esti mates of black men under age 45 are apparently the re sult of substantial improvements in the completeness of coverage for this group in the 1980 census. Among black women, the improvements in census coverage in 1980 were more evenly distributed across the various age groups.5 The effect of the revision in CPS data was particularly sharp for persons of Hispanic origin.6 The overall in crease in their population estimate was 3.8 percent, about twice the adjustment for whites. The labor force adjustment was not very different for men and women of Hispanic origin, and there was no particular pattern to the adjustments by age. The largest increase occurred among those 20 to 34 years of age, but increases for persons 55 years and older were also larger than aver age. Within the Hispanic population, adjustments were largest for persons of Cuban origin and smallest for persons of Puerto Rican origin. Table 2. Civilian labor force growth, by age and sex, between 1970 and 1981 using 1970 and 1980 census based population estimates [Numbers in thousands] Total, 16 years and over ............... 16 to 19 years ............................................ 20 to 24 years ............................................ 25 to 34 years ............................................ 35 to 44 years ............................................ 45 to 54 years ............................................ 55 to 64 years ............................................ 65 years and over ...................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Women Men Total Age Percent change 1970 base 1980 base Percent change 1970 base 1980 base Percent change 1970 base 1980 base 23,678 25,899 9.4 9,438 10,746 13.9 14,240 15,153 6.4 919 2,350 6,789 3,052 538 491 102 970 2,571 7,204 3,077 569 642 120 5.5 9.4 6.1 0.8 5.8 30.8 17.6 1,601 4,961 12,297 4,538 37 457 -212 1,739 5,502 13,356 4,774 21 686 -180 8.6 10.9 8.6 5.2 15.1 682 2,611 5,508 1,486 501 -3 4 -314 769 2,931 6,152 1,697 -549 44 -299 12.8 12.3 11.7 14.2 -9 .6 4.8 41 M ONTHLY LABOR REVIEW July 1982 • Technical Notes Table 3. Civilian noninstitutional population and civilian labor force by age, sex, race, and Hispanic origin, using 1970 and 1980 census based population estimates, 1981 annual averages [Numbers in thousands] Total Characteristic Women Men 1970 base 1980 base Net difference 1970 base 1980 base Net difference 1970 base 1980 base Net difference Population, 16 years and o v e r .................. 16 to 19 years ...................................... 20 to 24 years ...................................... 25 to 34 years ...................................... 35 to 44 years ...................................... 45 to 54 years ...................................... 55 to 64 years ...................................... 65 years and o v e r................................. 166,436 15,905 20,081 36,434 26,021 22,412 21,204 24,380 170,130 16,214 20,820 37,777 26,291 22,422 21,756 24,850 3,694 309 739 1,343 270 10 552 470 78,769 7,920 9,717 17,717 12,527 10,848 10,013 10,027 80,511 8,092 10,116 18,427 12,758 10,797 10,151 10,170 1,742 172 399 710 231 -51 138 143 87,667 7,984 10,365 18,717 13,493 11,563 11,191 14,353 89,618 8,121 10,705 19,350 13,533 11,625 11,605 14,680 1,951 137 340 633 40 62 414 327 Labor force, 16 years and o v e r ............... 16 to 19 years ...................................... 20 to 24 years ...................................... 25 to 34 years ...................................... 35 to 44 years ...................................... 45 to 54 years ...................................... 55 to 64 years ...................................... 65 years and o v e r................................. 106,393 8,848 15,543 29,306 20,969 16,985 11,734 3,008 108,670 8,988 16,099 30,392 21,211 16,970 11,969 3,042 2,277 140 556 1,086 242 -1 5 235 34 60,633 4,688 8,320 16,819 11,950 9,916 7,090 1,850 61,974 4,777 8,648 17,479 12,166 9,868 7,170 1,866 1,341 89 328 660 216 -4 8 80 16 45,760 4,160 7,224 12,487 9,019 7,069 4,644 1,158 46,696 4,211 7,451 12,912 9,045 7,101 4,799 1,176 936 51 227 425 26 32 155 18 Population, 16 years and o v e r .................. 16 to 19 years ...................................... 20 to 24 years ...................................... 25 to 34 years ...................................... 35 to 44 years ...................................... 45 to 54 years ...................................... 55 to 64 years ...................................... 65 years and o v e r................................. 145,379 13,347 17,137 31,473 22,732 19,661 19,032 21,998 147,908 13,516 17,609 32,367 22,778 19,666 19,485 22,487 2,529 169 472 894 46 5 453 489 69,311 6,676 8,399 15,524 11,089 9,587 9,021 9,015 70,480 6,764 8,644 16,005 11,171 9,560 9,139 9,195 1,169 88 245 481 82 -2 7 118 180 76,068 6,671 8,737 15,949 11,643 10,074 10,010 12,983 77,428 6,752 8,965 16,362 11,606 10,106 10,346 13,292 1,360 81 228 413 -3 7 32 336 309 Labor force, 16 years and o v e r ............... 16 to 19 years ...................................... 20 to 24 years ...................................... 25 to 34 years ...................................... 35 to 44 years ...................................... 45 to 54 years ...................................... 55 to 64 years ...................................... 65 years and o v e r................................. 93,586 7,881 13,549 25,470 18,390 15,008 10,577 2,711 95,052 7,962 13,926 26,208 18,445 14,993 10,764 2,753 1,466 81 377 738 55 -1 5 187 42 54,027 4,174 7,304 14,881 10,661 8,865 6,463 1,680 54,895 4,224 7,521 15,340 10,740 8,836 6,530 1,704 868 50 217 459 79 -2 9 67 24 39,559 3,707 6,245 10,589 7,730 6,143 4,114 1,031 40,157 3,739 6,406 10,868 7,704 6,157 4,235 1,049 598 32 161 279 -2 6 14 121 18 Population, 16 years and o v e r .................. 16 to 19 years ...................................... 20 to 24 years ...................................... 25 to 34 years ...................................... 35 to 44 years ...................................... 45 to 54 years ...................................... 55 to 64 years ...................................... 65 years and o v e r................................. 17,808 2,227 2,499 4,073 2,755 2,308 1,887 2,060 18,219 2,288 2,642 4,290 2,758 2,260 1,913 2,069 411 61 143 217 3 -4 8 26 9 7,977 1,078 1,108 1,800 1,213 1,068 860 851 8,117 1,110 1,189 1,914 1,223 1,003 844 834 140 32 81 114 10 -6 5 -1 6 -1 7 9,831 1,149 1,391 2,272 1,542 1,240 1,028 1,209 10,102 1,178 1,453 2,376 1,534 1,257 1,069 1,234 271 29 62 104 -8 17 41 25 Labor force, 16 years and o v e r ............... 16 to 19 years ...................................... 20 to 24 years ...................................... 25 to 34 years ...................................... 35 to 44 years ...................................... 45 to 54 years ...................................... 55 to 64 years ...................................... 65 years and o v e r................................. 10,810 834 1,724 3,189 2,158 1,651 1,000 254 11,086 862 1,828 3,365 2,164 1,608 1,009 249 276 28 104 176 6 -4 3 9 -5 5,559 444 876 1,601 1,083 882 535 138 5,684 462 941 1,702 1,093 829 524 134 125 18 65 101 10 -5 3 -11 -4 5,251 389 847 1,588 1,075 769 465 117 5,401 400 888 1,663 1,071 779 485 115 150 11 41 75 -4 10 20 -2 Population, 16 years and o v e r .................. 16 to 19 years ...................................... 20 to 24 years ...................................... 25 to 34 years ...................................... 35 to 44 years ...................................... 45 to 54 years ...................................... 55 to 64 years ...................................... 65 years and o v e r................................. 8,970 1,139 1,410 2,412 1,562 1,127 740 580 9,310 1,176 1,478 2,527 1,597 1,149 774 608 340 37 68 115 35 22 34 28 4,341 578 709 1,168 737 537 352 262 4,511 597 743 1,228 758 546 364 275 170 19 34 60 21 9 12 13 4,629 561 702 1,244 826 590 388 317 4,798 579 735 1,299 839 603 411 333 169 18 33 55 13 13 23 16 Labor force, 16 years and o v e r ............... 16 to 19 years ...................................... 20 to 24 years ...................................... 25 to 34 years ...................................... 35 to 44 years ...................................... 45 to 54 years ...................................... 55 to 64 years ...................................... 5,750 527 1,048 1,794 1,147 796 372 5,972 545 1,100 1,884 1,175 812 387 222 18 52 90 28 16 15 3,505 312 630 1,098 684 486 247 3,644 323 662 1,155 704 495 255 139 11 32 57 20 9 8 2,245 215 418 696 463 310 125 2,328 222 439 729 471 317 132 83 7 21 33 8 7 7 All persons White Black Hispanic origin https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 42 Data for all published race and ethnic groups are available only since 1973. During the 1973-81 period, the fastest labor force growth was registered for Hispanics, whose population grew dramatically over the period. Based on revised data, the labor force increase was 63 percent during the 8-year period; prior to revi sion, the growth was estimated to be 60 percent. De spite the sharp increase, the Hispanic share of the total labor force only moved from 4 to 5.5 percent over the period, using either revised or unrevised data. The black labor force grew faster than the white, but not nearly as fast as the Hispanic labor force. Revisions raised black labor force growth from 22 to 23 percent between 1973 and 1981. Over the same period, white la bor force growth had been 19 percent prior to revision and 20 percent subsequently. □ 1The most comprehensive discussion of the estimation procedure is included in The C u rren t P opulation Survey: D esign a n d M ethodology, Technical Paper 40 (Bureau of the Census, 1977), ch. 5. A summary description is included in the Explanatory Notes of each issue of E m p lo y m e n t a n d Earnings, published monthly by the Bureau of Labor Statistics. 2 For an explanation of the procedures used following the 1970 cen sus, see Gary M. Shapiro and Xlarvin M. Thompson, “Revisions in Current Population Survey,” E m p lo y m e n t a n d E arnings, February 1972, pp. 6-9. 3 For a more technical description of the procedures in this adjust ment process, see Kenneth D. Buckley, Jennifer Marks, and Ronald J. Statt, “Revisions in the Current Population Survey Beginning in Janu ary 1982,” E m p lo ym en t a n d Earnings, February 1982, pp. 7-15. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 For the first 1980 census coverage study, see Jeffrey S. Passel, Ja cob S. Siegel, and J. Gregory Robinson, “Coverage of the National Population in the 1980 Census by Age, Sex, and Race: Preliminary Estimates by Demographic Analysis,” C u rren t Population R eports, Se ries P-23, No. 115 (Bureau of the Census, March 1982). 5Ibid. 6It should be noted that the estimates of the Hispanic origin popu lation are not based on independently developed controls specifically for this group. Rather, they arise from the weighting process as a re sult of individual responses to a question on ethnic origin and the age-sex-race estimates. 43 Family Budgets Final report on family budgets: cost increases slowed, autumn 1981 Table 2. Percent change in four-person family budgets, autumn 1980 to autumn 1981 Lower Intermediate Higher Total budget ................................... 9.1 9.8 10.6 Component Rising personal income taxes, social security deduc tions, transportation, and homeowner costs contributed to the increases in the three hypothetical budgets for a four-person family. In autumn 1981, the United States urban average budget costs were $15,323 at the lower level, $25,407 at the intermediate level, and $38,060 at the higher level (table 1). From autumn 1980 to autumn 1981, the lower budget rose 9.1 percent, the intermedi ate, 9.8 percent, and the higher, 10.6 percent (table 2). The increases in 1981 were approximately 3 percentage points less than those in 1980, reflecting smaller in creases in food and personal income taxes. This report is the final release of the urban fourperson family budget data. The expenditure data on which the budgets are based are now 20 years old and continuation of the program would require a revision of concepts, more current expenditure data, and extensive collection of price data, for which funding was not available. Therefore, the program was eliminated in compliance with the recent overall budget reduction. Consumption costs. Consumption costs rose by 7.3 per cent at the lower level, and 7.5 percent at both the in termediate and higher levels between autumn 1980 and Table 1. Annual budgets for a four-person family at three levels of living, urban United States, autumn 1981 Component Lower Intermediate Higher Total budget .................................... $15,323 $25,407 $38,060 Total family consumption............................. Food ....................................................... Housing ................................................... Transportation ........................................ C lothing................................................... Personal c a r e .......................................... Medical c a re ............................................ Other family consumption ...................... 12,069 4,545 2,817 1,311 937 379 1,436 644 18,240 5,843 5,546 2,372 1,333 508 1,443 1,196 25,008 7,366 8,423 3,075 1,947 719 1,505 1,972 Other items ................................................. Social security and disability ...................... Personal income taxes ............................... 621 1,036 1,596 1,021 1,703 4,443 1,718 1,993 9,340 Note: Because of rounding, sums of individual items may not equal totals. 44 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total consumption less shelter.................... 7.2 7.1 7.1 Total consumption........................................ 7.3 7.5 7.5 Food ....................................................... Housing ................................................... Shelter' .............................................. Renter costs ................................... Homeowner costs2 .......................... Housefurnishings and operations......... Transportation.......................................... Clothing ................................................... Personal c a r e .......................................... Medical c a re ............................................ Other family consumption........................ 5.2 8.0 7.9 7.9 — 8.2 13.0 3.3 7.7 10.6 7.9 4.9 8.6 8.8 7.9 8.9 8.2 12.1 3.2 7.9 10.7 7.8 4.9 8.7 8.7 7.9 8.8 8.1 11.8 3.1 7.6 10.7 7.8 Other Items ................................................. Social security ............................................ Personal income taxes ............................... 6.5 17.6 19.4 6.7 19.3 17.5 6.7 23.9 17.9 11ncludes only rental housing in the lower budget. 2 On the assumption that the home was purchased 6 years ago, these costs reflect changes in purchase prices and mortgage interest rates from 1974 to 1975 and changes in property taxes, insurance, fuels and utilities, and repairs and maintenance from 1980 to 1981. autumn 1981. Among consumption components, trans portation costs showed the largest increases at all three levels. Transportation costs also rose sharply in the two previous years from autumn 1978 to autumn 1979 and from autumn 1979 to autumn 1980. Medical care costs also showed large increases from 1980 to 1981. Personal income taxes. The budgets include estimated 1981 Federal, State, and local tax payments. The large increases in taxes, approximately 19 percent at the low er level and 18 percent at both the intermediate and higher levels, are a result of increasing consumption costs and “bracket creep” under the Federal progressive tax system and that of many States. Although tax in creases were quite large, they were approximately 10 percentage points less than in 1980 at the lower level and approximately 7 percentage points less at both the intermediate and higher levels. This was because of more moderate price increases for consumption items and the small, initial reduction in Federal income tax rates in 1981. While the percentage tax increase was highest for the lower budget, the effect of the increases was more pronounced at the intermediate and higher level because taxes constitute a proportionally larger share of these budgets. Social security deductions. While Federal income tax in creases were lower, social security deductions were higher in 1981. The employee payroll deduction rate was increased from 6.13 percent to 6.65 percent, and the earnings ceiling on contributions was raised from $25,900 to $29,700. As a result, deductions rose 18 per cent at the lower level, 19 percent at the intermediate level, and 24 percent at the higher level. Table 3. Housing. Housing increased by 8.0 percent from au tumn 1980 to autumn 1981 in the lower budget which includes only renter costs. Both renter and homeowner costs are included in the intermediate and higher bud gets and these costs rose by 8.6 and 8.7 percent, respec tively. For the homeowner component, large increases in fuel and utilities were offset somewhat by modest in creases in mortgage interest costs. Description o f the budgets. The family budgets represent the costs of three hypothetical lists of goods and ser- Indexes of comparative costs based on an intermediate budget for a four-person family,1 autumn 1981 [U.S. urban average costs = 100] Cost of family consumption Area Urban United S ta te s ............... Metropolitan areas8 ............. Nonmetropolitan areas9 . . . . Total budget Food Housing Transportation5 Clothing Personal care Medical care* Other family consump tion7 Personal Total consump tion Total Food at home Total2 Renter3 Homeowner* Total Auto mobile owners 100 102 91 100 102 93 100 101 94 100 100 98 100 102 91 100 104 82 100 103 87 100 100 98 100 102 94 100 100 98 100 102 93 100 103 88 100 103 85 100 104 84 115 104 116 105 97 102 112 101 109 102 97 101 101 101 113 112 103 99 103 103 110 107 103 102 127 99 121 101 89 109 119 93 110 86 83 90 137 100 131 106 87 116 117 106 91 98 105 105 132 101 103 111 104 100 109 120 89 71 95 105 100 96 102 90 96 88 91 80 100 106 91 87 in 102 109 102 101 86 131 120 148 115 97 105 100 100 101 99 97 106 102 96 91 102 100 102 99 98 102 97 98 93 99 102 100 101 98 97 96 104 93 100 103 98 101 99 95 95 105 97 101 97 100 101 89 106 96 90 92 105 81 84 93 88 99 103 86 96 103 101 107 106 86 111 95 88 88 105 97 99 96 104 102 99 103 96 118 93 98 95 99 97 94 103 91 90 121 110 90 107 114 102 95 107 98 92 120 106 119 106 108 106 98 109 96 100 101 99 97 87 91 83 117 98 106 97 102 103 104 96 88 92 101 97 99 92 122 121 91 83 92 99 89 93 108 86 93 97 95 98 103 89 96 95 95 100 102 93 95 92 92 96 103 97 82 99 86 87 105 83 82 112 99 86 117 68 76 89 82 84 103 75 97 97 103 99 99 97 93 96 98 94 98 93 112 97 93 113 102 87 99 97 99 117 111 90 90 93 113 117 102 89 101 102 96 95 110 83 85 108 65 70 127 71 98 99 94 93 97 90 93 102 97 129 99 92 101 92 94 100 101 102 112 86 104 101 107 103 102 95 103 96 107 98 97 91 94 96 110 112 107 115 100 98 118 120 116 104 130 122 116 113 110 95 89 102 102 109 115 87 89 87 105 83 162 100 122 124 119 116 137 160 100 124 taxes Northeast: Boston, Mass......................... Buffalo, N.Y........................... New York-Northeastern N.J. Philadelphia, Pa.-N.J............. Pittsburgh, Pa........................ Nonmetropolitan areas9 . . . . North Central: Chicago, III.-Northwestern Ind. Cincinnati, Ohio-Ky.-Ind......... Cleveland, Ohio .................. Kansas City, Mo.-Kans.......... Minneapolis-St. Paul, Minn. . Nonmetropolitan areas9 . . . . South: Washington, D.C.-Md.-Va. .. Nonmetropolitan areas9 . . . . West: Denver, Colo......................... Los Angeles-Long Beach, Calif ............... San Diego, Calif.................... San Francisco-Oakland, Calif. Nonmetropolitan areas9 . . . . 98 98 107 102 126 96 100 99 107 106 118 95 98 95 101 101 131 94 95 91 100 99 137 97 98 98 109 109 117 92 125 105 153 140 146 95 Anchorage, A la s k a .................. 126 127 113 116 142 189 1The family consists of an employed husband age 38, a wife not employed outside the home, an 8-year-old girl, and a 13-year-old boy. 2 Housing includes shelter, housefurnishings, and household operations. 3 Renter costs Include average contract rent plus the cost of required amounts of heating fuel, gas, electricity, water, specified equipment, and insurance on household contents. “ Homeowner costs include interest and principal payments plus taxes, insurance on house and contents, water, refuse disposal, heating fuel, gas, electricity, specified equipment, and home repairs and maintenance cost. 5The average costs of automobile owners and nonowners In the intermediate budget were weighted by the following proportions of families: Boston, New York, Chicago, and Philadelphia 80 percent for owners, 20 percent for nonowners; Baltimore, Cleveland, Detroit, Los Angeles, Pittsburgh, San Francisco, St. Louis, and Washington, D.C., with populations of 1.4 million or more in 1960, 95 percent for automobile owners and 5 percent for nonowners; all other areas, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 100 percent for automobile owners. 6 In total medical care, the average costs of medical insurance were weighted by the follow ing proportions: 30 percent for families paying full cost of insurance; 26 percent for families paying half costs; 44 percent for families covered by noncontributory insurance plans (paid by employer). 7 Other family consumption includes average costs for reading, recreation, tobacco products, alcoholic beverages, education, and miscellaneous expenditures. 8 As defined in 1960-61. For a detailed description of these and previous geographical bound aries, see the 1967 edition of Standard Metropolitan Statistical Areas, prepared by the Office of Management and Budget. 9 Places with population of 2,500 to 50,000; data for some previously shown are no longer available. 45 M ONTHLY LABOR REVIEW July 1982 • Family Budgets vices that were specified in the mid-1960’s to portray three relative standards of living— described as lower, intermediate, and higher. These budgets are for a pre cisely defined urban family of four: a 38-year-old hus band employed full time, a wife not employed outside the home, a boy age 13, and a girl age 8. Average in ventories of clothing, housefurnishings, major durables, and other equipment are included for each budget level. The budgets pertain only to an urban family with these specified characteristics; no budgets are available for 46FRASER Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis rural families. Also, the budgets are not intended to represent a minimum level of adequate income or a sub sistence level of living, nor do they indicate how fami lies do or should spend their money. The 1981 consumption budgets were estimated by applying price changes for individual areas from au tumn 1980 to autumn 1981, as reported in the Consumer Price Index for Urban Wage Earners and Clerical Workers, to the appropriate autumn 1980 bud get costs for each main class of goods and services. □ Is the compressed workweek too compressed? The compressed workweek, usually involving 4 working days with Friday or Monday off, is something of a misnomer in that it also means an elongated workday of 10 hours. There has been more expe rience with this concept in the United States; European workers, on the other hand, have shown little interest. The compressed workweek was developed in the United States in the late 1960’s, and has been tried mainly by smaller, nonunion em ployers. Acceptance has not been overwhelming, having leveled off at about 2 percent of the labor force, according to the Bureau of Labor Statistics. The failure rate of the compressed workweek is quite high, in sharp contrast to flexitime experiments. Many companies seem to have tried it; yet every survey shows a high percentage soon reverting to the 5-day week. — “Innovations in Working Patterns,” Transatlantic Perspectives, January 1981, p. 29. a Research Summaries Native Americans in the labor force: hunting for an accurate measure Ju d it h K l e in f e l d a n d Jo h n A . K r use The concepts used nationally to assess labor force par ticipation are considered to be inappropriate for Native American population groups. The fundamental issue concerns the measurement of unemployment. The Cur rent Population Survey ( c p s ) defines an unemployed person as someone who has no employment, is available for work, and has engaged in some specific jobseeking activity within the past 4 weeks. As the American Indian Policy Review Commission points out, in many Indian reservations and isolated Native villages, few jobs are available.1 In these small communities the in formal communications network provides excellent in formation on new employment opportunities. Many Indian and Eskimo adults do not actively seek work in the conventional sense because they are well aware that no work is available. To exclude these individuals from the labor force results in a serious underestimation of Native American unemployment and the available labor pool. Moreover, this problem is not merely a technical issue of measurement. Federal and State funds are allo cated to regions on the basis of such employment statis tics. While the knowledge that no jobs exist may cause significant members of Native Americans not to be counted as members of the labor force, there is also evi dence to suggest that many Native Americans in fact drop out of the labor force intermittently in order to meet community and family obligations, or to pursue other activities such as hunting and fishing. For exam ple, Harland Padfield and John van Willigen carefully studied the activity patterns of a sample of 300 Papago men.2 They found that 15 percent were “voluntarily idle” in midsummer. Attitude surveys also suggest substantial variability in Native Americans’ work schedule preferences. AccordJudith Kleinfeld is a professor of psychology and John A. Kruse is an associate professor of survey research at the University of Alaska, Fairbanks. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ing to some surveys, the majority of Indians and Eski mos prefer long-term jobs, suggesting that it is teachers and employers who incorrectly overestimate preferences for seasonal work.3 However, these studies, as well as other research, suggest considerable variability in prefer ences for year-round and part-year wage work, not only among different Native American population groups but also among individuals in the same group.4 There fore, the measurement problems associated with unem ployment among Native Americans are not limited to the discouraged worker effect; they also stem from real desires not to work for wages during part of the year. To overcome these problems, agencies and researchers concerned with Native American populations have used a variety of alternative concepts and measurement approaches to assess unemployment. The Bureau of Indian Affairs, for example, considers any Native adult who does not hold a wage job to be “unemployed.” Agency personnel roughly estimate unemployment in some rural Native communities and reservations to be as high as 50 to 80 percent. The American Indian Policy Review Commission, suspecting that census figures un derestimate and Bureau of Indian Affairs figures overes timate Native American unemployment, suggested that the 1980 census questions on unemployment should be adapted to the situation of American Indians.5 The Commission recommended that Indians be asked, “When job opportunities occur, do you seek them?” The 1980 Census Supplementary Questionnaire for Indians, however, did not follow this recommendation. The question on unemployment asks, “Of the weeks not worked in 1979, how many weeks was this person ac tively looking for work or on layoff from a job?” Previ ous questions ask how many weeks the person worked in 1979 and the main reason the person worked fewer than 50 weeks. However, respondents have no socially acceptable way of indicating that they prefer a lifestyle combining intermittent participation in the wage econo my with non-wage activities, such as subsistence hunt ing and fishing. Such a response would be placed in the category “did not want work,” which has negative con notations, particularly for men without obvious home responsibilities. Without information on the size of the intermittent worker effect, statistics on Indian and Eskimo employ47 MONTHLY LABOR REVIEW July 1982 • Research Summaries ment patterns are difficult to interpret. For example, Benjamin Taylor and Dennis O’Connor, in a study of five Indian reservations in the Southwest, point out that “seasonal or irregular work characterizes a significant part of reservation labor, ranging from 27 percent of the working-age Zaguna tribe to 55 percent of the Fort Apaches over 16 years of age.”6 However, it is not clear to what extent these patterns are the result of personal preference and to what extent they are caused by lack of jobs and requisite skills. Alaskan research This paper discusses three Alaskan studies concerned with measuring unemployment in Native American groups. These studies suggest the importance of both a “discouraged worker” and an “intermittent worker” ef fect in understanding Native American employment patterns. Standard national definitions of unemployment substantially underestimate the proportion of Natives who want work and are available for work. However, our research also suggests that average labor force par ticipation rates, at least among men, may remain sub stantially below national norms even when high-paying jobs at a variety of skill levels are available. The first study was conducted in January 1977.7 The Alaska Legislature, believing that official employment statistics seriously understate unemployment in rural Native communities, directed the State Department of Labor to survey “real” unemployment in the Lower Yukon-Kuskokwim Region. Income levels in the Eski mo communities in this isolated area are among the lowest in Alaska, and job opportunities are extremely limited. Of available jobs, 44 percent are in government. However, the region also has a strong noncash economy based on subsistence fishing and hunting. In addition, commercial fishing, trapping, and crafts are im portant sources of cash income, although no statistics are avail able on employment in these occupations. Bilingual Eskimos interviewed 86 percent of the working-age adult population (1,412 respondents) in nine villages. They used a one-page form patterned on the CPS. As in the CPS, one set of questions classified in dividuals as “unemployed” if they were not working and had “been looking for work during the past four weeks.” However, the villagers were also asked about desire for work. “Does the person want a regular job now, either full or part-time?” Under the conventional CPS definition, the unemployment rate in January 1977 was 24 percent. Under the broader definition, it was 48.8 percent. While national surveys also yield higher jobless rates when “discouraged workers” are included, these results support the view that unemployment among Natives is seriously underestimated. However, the specific survey question used has some limitations. 48 FRASER Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis First, there is the problem of respondents presenting themselves to an interviewer in a favorable light. Village Eskimos in remote communities are well aware of the majority culture’s work ethic, whether or not they per sonally subscribe to it. Without an obviously acceptable reason, such as child care responsibilities or poor health, they might have been reluctant to tell the inter viewer that they did not want to work at the time of the survey. Second, the question does not cover desired duration of employment. In another household survey, which in cluded some of the same communities, most of the 344 respondents indicated that they preferred to work only certain months of the year. Those who wanted part-year work generally did not want to be employed in the spring or fall, seasons of intense subsistence activity.8 Indeed, some Eskimos may view wage work as a sec ondary activity, a means to supplement hunting and fishing. Thus, asking whether the individual wants a “regular” job may miss a critical cultural difference in labor force behavior. North Slope boom In the second study, funded by the National Science Foundation, we examined the response of the Inupiat to the new high paying job opportunities on the North Slope in 1977.9 A previous study of Native employment directly associated with the trans-Alaska pipeline proj ect found that many Natives had worked for only 8 weeks or less despite the high pay.10During informal in terviews, Native respondents cited work camps located away from home, the heavy 10-hour, 7-day workweek, bigotry against Natives by white coworkers, and alleged poor use of Native workers by the companies, as disin centives to longer employment tenure." On the North Slope, however, oil and gas develop ment created a situation which eliminated or modified many of these perceived barriers to long-term employ ment. The jobs resulted not so much from direct oilfield activities at Prudhoe Bay as from the formation of an Inupiat government, the North Slope Borough, in 1972. The borough, encompassing eight Inupiat villages and a population of about 4,000, levied property taxes on the Prudhoe Bay oil complex. Revenues grew from less than $1 million in 1973 to about $57 million in 1977. The borough transformed these tax revenues into jobs adapted to contemporary Inupiat lifestyles. It launched a $511 million capital improvements program, which re sulted in large numbers of skilled and unskilled con struction jobs. Borough government and school district operations also employed large numbers of white-collar workers. By 1977, the borough alone employed about 800 workers in administration, education, and construc tion. The government established a strong local hire pro- gram and was willing to absorb substantial cost overruns to employ local Inupiat. To minimize conflicts between wage work and subsistence, the borough granted leaves of absence for subsistence activities and was tolerant of absenteeism. It paid high wages, with construction pay matching the wage scales established during the building of the trans-Alaska pipeline. The average wage of Inupiat adults in 1977 was almost $500 per week, and about 25 percent received paychecks of $800 or more. Yet, borough jobs did not require work ers to leave home, give up subsistence activities, cope with bigotry, or deal with an uncomfortable, non-Native environment. The borough did not succeed in making jobs avail able to all Inupiat adults in each of the eight villages during the entire year. However, in certain situations, such as in Barrow (the large regional center), jobs were readily available to anyone who wanted wage work dur ing the summer construction season. The North Slope study examined the question— un der these unusually favorable labor market conditions did the labor force participation rate of Inupiat men and women approach national norms? Or did special cultural factors result in lower labor force participation despite the availability of good jobs and the presence of loosely structured work rules? Inupiat interviewers conducted a household survey in Barrow and five smaller communities in late 1977. We had randomly selected one adult from each village household and one adult from a 50-percent sample of Barrow households. The final sample consisted of 290 persons, 75 percent of the adults contacted, and repre sented 21 percent of the adult population. In our labor force analysis, we excluded persons age 16 to 18 and 55 and older so that cultural differences in school atten dance and retirement ages would not affect comparisons with national labor force patterns. Those interviewed were asked for a work history from October 1976 to September 1977. Persons who did not hold any paying job during the year were asked whether there were special reasons that prevented them from working. To measure monthly unemployment the survey asked, “Were there months between October 1976 and September 1977 when you wanted a job and didn’t have one? (If yes) What months were they?” This measure of unemployment was, of course, a broad defi nition, which counted a person as “unemployed” if he or she stated a desire for wage work regardless of spe cific jobseeking activity. In analyzing the data, it quickly became apparent that many Inupiat did not say they wanted wage work during all the months they did not work. Some were nonwage earners, whose family responsibilities or health problems prevented them from taking employment. However, many were intermittent workers who worked https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis at wage jobs part of the year. In addition, when asked about work schedule preferences, slightly more than half of both men and women said they wanted some form of part-year work. This preference for part-year work was even stronger among North Slope Inupiat high school students, partic ularly male students.12In this small survey, our question on work preferences contained a socially acceptable al ternative to year-round wage work (“After you have fin ished your schooling, do you want a year-round job or to work only part of the year so you can hunt and fish a lot, or don’t you want a job?”). None of the students stated they didn’t want a wage job at all. However, of the 75 male students, 69 percent preferred a part-year job compared to 41 percent of the 99 female students. When we measured annual average labor force partic ipation,13 Inupiat adult women approached national norms, particularly the young women. However, Inupiat male labor force participation at all ages was far below national norms. The major reason for the lower male labor force par ticipation was that most men were blue-collar workers. When particular construction projects ended in their villages, they were laid off. Substantial layoffs occurred in the winter of 1976-77, when the borough cut back on its construction program because of financing diffi culties. However, intensive construction work resumed in the summer of 1977. This increase in job opportuni ties led to a dramatic increase in male labor force par ticipation, which rose from a low of 47 percent in November 1976 to a high of 74 percent in September 1977. Yet, even when good job opportunities were abun dant, Inupiat male labor force participation remained well below national norms. In Barrow, for example, la bor force participation of Inupiat men age 18-55 peaked at only 76 percent in the summer of 1977. Of the 24 percent who were not in the labor force, just 10 percent were nonwage earners and most of these had health problems. The remainder were intermittent work ers who chose not to work during the month. In short, the North Slope study suggests that the ma jor factor influencing Native American labor force participation is indeed the availability of good jobs. Yet, even under highly favorable circumstances, cultural preferences result in labor force participation rates be low national norms, at least among men. Although our North Slope research results suggested that the number of intermittent workers is significant, we could not precisely measure the number of such workers. We had asked retrospectively what months in dividuals were without work but wanted it. However, people may have forgotten specific months. We attempted to remedy this problem in a subsequent study by including a question which asked explicitly 49 M ONTHLY LABOR REVIEW July 1982 • Research Summaries whether individuals did not want work in particular months. Regional surveys In 1979, we cooperated with several Federal and State agencies to conduct a broad survey of recreation, employment, and other community issues in randomly sampled households in the Interior, Southcentral, and Southeast regions of Alaska. Each regional survey included the urban center, surrounding small Native and other communities, and rural Native villages. The Native sample consisted of 335 respondents represent ing Eskimo, Aleut, Athabascan, and Tlingit cultural groups.14 The survey questions concerning employment were essentially the same as in the North Slope study. How ever, in addition to asking each respondent which months during the previous year “did you want a job but did not have one,” respondents were also asked, “Which, if any, months between April 1978 and March 1979 did you decide not to work?” Thus, the decision to withdraw temporarily from the labor force was mea sured directly rather than being inferred as a residual category. The results show that rural Natives specifically did not want to work during an average of 1.4 months of the year. The particular months specified varied by re gion. In the Interior, peak withdrawal occurred in Au gust (17 percent); in Southcentral, the peak was in October (9 percent); and in Southeast, it was January through March (8 percent). However, even with these explicit answers, there remained a large residual of Na tives who were not working at wage jobs and who stat ed neither that they wanted work nor that they did not want work in a particular month. This residual ranged from 12 percent in the Interior to 8 percent in Southcentral Alaska. If we assume this group would take work if jobs were available, 29 percent in Interior, 18 percent in Southcentral, and 24 percent in Southeast were unemployed. If we assume this group was not in terested in wage work, although reluctant to say so, un employment rates would drop to 17 percent in the Interior, 10 percent in Southcentral, and 13 percent in Southeast. The use of these series of questions to esti mate annual average unemployment results in a bracket around the “true” proportion of Native American un employment. Whichever estimate is used, it is obvious that serious levels of unemployment exist in these re gions. Thus, even by providing a means for respondents to differentiate between unemployment and temporary withdrawal from the work force, our estimate of unem ployment remains imprecise. However, in these Native American population groups the nature of unemploy ment itself is imprecise. Some adults shift in and out of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis wage work depending on job availability, immediate need for cash, and what other options exist at the time. It is, of course, possible to develop a series of questions which unambiguously assigns adults to a labor force category each month. Indeed, in an exploratory study, we attempted to ask Native respondents about their ac tivities in the wage and nonwage sectors and whether they wanted employment on a month-by-month basis. This measurement approach, however, worked badly. Native adults resented and resisted having their activi ties categorized in these ways. Such a survey approach was perceived as too intrusive. It made too obvious the number of months adults were not engaged in some “productive” activity by majority culture definitions. Conclusions Taken together, these studies confirm that the stan dard definition of unemployment results in a serious un derestimation of the number of Native Americans who want wage work. The availability of local employment opportunities, or the lack of them, are well known and largely determine whether individuals actively look for work. At the same time, these studies suggest that sig nificant numbers of Native Americans chose to work intermittently in the wage economy, although the pro portion of such worker is likely to vary among cultural groups. Both the “discouraged worker” effect and the “intermittent worker” effect makes it quite difficult to measure Native American labor force participation. We can offer no simple solution to the problem of how to measure unemployment in Native American population groups heavily involved in a nonwage as well as a cash economy. Two general points emerge from our analyses: • Questions designed to measure unemployment among transitional Native groups should present a choice be tween wage work and socially prestigious alternatives in the local cultural situation. Native Americans are aware of the majority culture work ethic and can be reluctant to indicate that they are not employed and do not want wage work. • Studies of Native American labor force patterns should recognize the possibility of preferences for part-year versus year-round work (in addition to part-time versus full-time jobs) and should include questions to assess during how much of the year and at which times individuals want wage work. The specific measurement approach we have devel oped (asking adults which months they were employed, which months they wanted work, and which months they did not want work) results in a range, rather than a single estimate, of unemployment. About 10 percent of Native adults who are not working in particular months do not place themselves in the alternative work- do not want work categories. This ambiguity, however, may reflect the actual vagueness of unemployment among individuals who maintain a lifestyle combining economic activity in both the modern and traditional sectors in the context of extended families who provide mutual economic support. It is perhaps unrealistic to expect that precise answers to questions on unemploy ment can be found in this cultural context. □ FOOTNOTES 1Mary Ellen Ayres, “Federal Indian policy and labor statistics— a review essay,” M o n th ly L a b o r R eview , April 1978, pp. 22-27. 2Harland Padfield and John van Willigen, “Work and income pat terns in a transitional population: the Papago of Arizona,” H u m an O rganization, March 1969. 3 Derek G. Smith, O ccupational Preferences o f N orthern S tu den ts (Ottawa, Canada: Northern Economic Development Branch, 1974); and N a tive People's Perceptions o f Factors A ssociated with Job A ccep tance a n d R etention (Ottawa: Department of Indian Affairs and Northern Development, Northern Affairs Branch, 1974). 4 Note the differences in preferences for year-round work expressed in a survey of diverse Alaska Native population groups in Alaska De partment of Transportation and Public Facilities, W estern a n d A rctic A la sk a Transportation S tu d y, August 1980. 5“Federal Indian policy . . . ,” p. 25. 6 Benjamin J. Taylor and Dennis J. O’Connor, In dian M an pow er R esources in the Southw est: A P ilo t S tu d y (Arizona State University, 1969), p. 354. 7 Rod Brown, Jeff Hadland, Scott Hannigan, and Stanley D. Bur rows, L o w er Y uk o n -K u sk o k w im Region L a b o r M a rk e t A n alysis (Alaska https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Department of Labor, 1981). 8 Western a n d A rctic A laska Transportation Study. ’ Judith Kleinfeld, Jack Kruse, and Robert Travis, D ifferent Paths o f In u piat M en a n d W omen in the W age E conom y (University of Alas ka: Institute of Social and Economic Research, 1981). 10Larry L. Naylor and Lawrence A. Gooding, A laska N ative H ire on the T rans-A laska O il Pipeline Project (University of Alaska: Insti tute of Social and Economic Research, 1978). " Ibid. 12Judith Kleinfeld and Jack Kruse, H igh School: Views o f N orth Slope Borough S tu den ts (University of Alaska: Institute of Social and Economic Research, 1977). 13We treated a respondent as being in the labor force in a given month if he or she held a job for 2 weeks or more during the month or wanted wage work during the month. Those who did not work at all during the year or did not mention that they wanted work during a month they were not working were treated as out of the labor force for that month. 14Alaska Public Survey, unpublished results (University of Alaska, Institute of Social and Economic Research, 1981). 51 M ajor Agreements Expiring Next M onth This list of collective bargaining agreements expiring in August is based on contracts on file in the Bureau’s Office of Wages and Industrial Relations. The list includes agreements covering 1,000 workers or more. Employer and location Industry Number of workers Labor organization 1 Alabama Dry Dock and Shipbuilding Co. (Mobile, A l a . ) .............................. American Airlines, G round Service (Interstate)2 .............................................. American Standard, Inc., Wabco Construction Equipment (Peoria, 111.) . . Associated General C ontractors of America, Inc., Building Construction Agreement (Alabama) Transportation equipment . . . . Air tra n s p o rta tio n ..................... Machinery ................................... C o n stru ctio n ................................ Marine and Shipbuilding Workers . . . Transport W o rk e rs ................................... B oilerm akers.............................................. Bricklayers; Carpenters; Laborers; Iron Workers; Engineers; Teamsters (Ind.) Bowman Transportation, Inc. (In te rsta te )........................................................... Bucyrus-Erie Co. (Indiana, Pennsylvania, and W isco n sin ).............................. Trucking ...................................... Machinery ................................... Steelw orkers.............................................. Steelw orkers.............................................. 2,100 2,000 Cluett, Peabody and Co., Inc., Arrow Co. Division (In te rs ta te )................... A p p a r e l........................................ Clothing and Textile Workers ............. 4,600 Eagle Electric M anufacturing Co., Inc. and Eagle Plastics Corp. (New York) Electrical p ro d u c ts ...................... A uto Workers ( I n d .)................................ 1,500 Flexsteel Industries, Inc. (Iowa, Pennsylvania, and Texas) ........................... F u r n itu r e ...................................... U p h o ls te re rs .............................................. 1,000 Gates R ubber Co. (Denver, Colo.) ...................................................................... G oodyear Aerospace Corp. (Akron, O h i o ) ........................................................ Rubber ........................................ Transportation equipment . . . . Rubber Workers ...................................... Auto W orkers (I n d .) ................................ 2,650 1,300 Illinois Food Retailers Association, Independent Food S to r e s ...................... Retail trade Food and Commercial W o r k e r s ........... 4,350 Knitgoods Agreement (Ohio)3 .............................................................................. T e x tile ........................................... Ladies’s G arment Workers ................... 1,050 New York Telephone Company ........................................................................... C om m unication ........................... 8,300 Pittsburgh Forgings Co., Greenville Steel Car Co. (Pennsylvania) ............. Publix Shirt Corp. (Interstate) .............................................................................. Transportation equipment . . . . A p p a r e l........................................ Telephone Traffic Union (New York) (Ind.) A uto Workers (I n d .) ................................ Clothing and Textile Workers ............. Sun Harvest, Inc. (C alifo rn ia)................................................................................. Agricultural p ro d u c ts ................ Farm W o rk e rs ........................................... 1,350 Textron, Inc., Fafnir Bearing Division (New Britain, C o n n .) ........................ Machinery ................................... Auto Workers ( I n d .) ................................ 3,200 3M Company, M innesota Mining and M anufacturing Co. Division (St. Paul, Minn.) Stone, clay, and glass products Oil, Chemical and Atomic Workers . . 1,850 1,350 ................................ Government activity M u ltid e p artm e n t........................ Pennsylvania: Philadelphia Board of E d u c a tio n ................................................ E d u c a tio n ...................................... Los Angeles County Building and Construction Trades Council T e a c h e rs ...................................................... Washington: Seattle Police D e p a r tm e n t.............................................................. Public s a f e ty ................................ Seattle Police Officers Guild (Ind.) https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1,000 1,000 Labor organization1 California: Los Angeles County Building Trades and Skilled Craftsmen . . 1Affiliated with A FL -C IO except where noted as independent (Ind.). 2Information is from newspaper reports. 3Industry area (group of companies signing same contract). 1,200 12,450 1,000 8,000 18,000 1,050 Developments in Industrial Relations Goodrich pact sets pattern for industry B.F. Goodrich Co. and the Rubber Workers negotiat ed a 3-year contract that set a pattern for settlements at Goodyear Tire & Rubber Co. and Firestone Tire & Rubber Co. The terms also affected employees of Uniroyal, Inc., who had earlier agreed to accept the same provisions as in the pattern-setting settlement, modified to the extent necessary to reduce the cost by $18.3 million a year. (See Monthly Labor Review, March 1982, p. 47.) The Goodrich contract did not provide for any speci fied wage increases, but the employees will continue to receive quarterly automatic cost-of-living pay adjust ments calculated at 1 cent an hour for each 0.26-point movement in the Consumer Price Index. The union said the formula would yield about $2.44 in wage increases during the contract term, assuming a 7-percent annual rise in the CPI. Benefit improvements included a $ 1.50-increase in the pension rate, bringing it to $16.50 a month for each year of credited service; a $60-a-week increase in the sickness and accident benefit, bringing it to $185; and a 6-month increase in the 24-month period during which laid off employees retain their life and health insurance. The contract calls for establishment of a medical sur veillance program to attain early detection of job-relat ed health problems. The program will be financed by a company payment of 2 cents an hour. An Early Action Committee will be established to help avert plant closings. The parties also agreed that the Rubber Workers’ president will consult with the company president on plant closings and other prob lems. The agreement applied to 6,700 Goodrich employ ees at five plants. About 2,000 workers at the company’s industrial products plant in Akron, Ohio accepted a smaller pack age in return for company assurance that the operation will continue for at least 3 more years. Goodrich also “Developments in Industrial Relations” is prepared by George Ruben of the Division of Developments in Labor-Management Relations, Bureau of Labor Statistics, and is largely based on information from secondary sources. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis agreed to establish a profit-sharing plan for the workers. The Akron employees will receive the same benefit improvements as those at the other plants but their pay was cut 27 cents an hour immediately, and will be cut an additional 27 cents in the second and third years if the facility continues to operate at a loss. Also they will not receive any cost-of-living pay adjustments during the entire term, regardless of operating results. Good rich said that the plant, which once employed 11,000 people, has been losing $1 million a month for the last 2 years. The Goodyear accord did not provide for a medical surveillance program. The Goodyear settlement covered 16,000 workers at 13 locations and the Firestone settle ment covered 10,500 workers at 10 plants. Harvester accord features profit-sharing plan International Harvester Co.’s efforts to return to profitability were enhanced when the Auto Workers agreed to a new contract that a company official said, bears a “family resemblance” to the concessions negoti ated by General Motors Corp. and Ford M otor Co. (See Monthly Labor Review, May 1982, p. 59.) The Harvester accord, like the two automobile agree ments, did not provide for any specified wage increases over its 29-month term, called for 18-month deferrals of each of the first three quarterly cost-of-living adjust ments that would have been effective in 1982, and elimi nated some paid personal holidays. The profit-sharing plan adopted at Harvester differed from that in the auto agreements. Union vice president Stephen Yokich said that under Harvester’s plan, work ers will receive part of every dollar of profit earned by the company during the fiscal years beginning Novem ber 1 of 1982 and 1983. (At Ford and GM, workers par ticipate only if profits exceed specified levels.) However, there were no indications that there would be a profit to share. Company chairman and chief executive officer Archie McCardell, who resigned shortly after the settle ment, predicted a loss of more than $500 million for the current fiscal year. Harvester lost a total of $790 million during the 2 preceding years. If Harvester shows a prof it, and the earnings exceed $300 million in two succes53 M ONTHLY LABOR REVIEW July 1982 • Developments in Industrial Relations sive quarters, the agreement is subject to reopening on economic issues. Other terms of the settlement called for Harvester to infuse $6 million into the Supplemental Unemployment Benefit plan; for adoption of a plan to assure employ ment opportunities, job security, and greater worker in volvement in corporate decisions; and for stronger employee protections on potential plant closings and contracting out of work. According to Yokich, Harvester’s management prom ised union bargainers that the company would become a model of good labor relations and would strive to “absolutely set the standard (in the industry) for good will” with its workers. Some industry observers have at tributed Harvester’s financial problems to the bitter 1979 confrontation between the union and company, which culminated in a 6-month strike, and to adverse economic conditions that also hit other manufacturers of farm and construction equipment and trucks. The new pact supersedes the balance of the contract scheduled to expire September 30, 1982. About 20,000 active employees at plants in nine states are covered; 10,000 others from the bargaining unit were on layoff. Overall company employment was less than 65,000, compared with 93,000 in 1979, when the previous con tract was negotiated. American Motors, UAW concession accord Wage concession bargaining continued in the auto mobile industry, as American Motors Corp. and the Auto Workers negotiated a new contract that featured an Employee Investment Plan, under which the 14,000 workers will lend the company about $110 million by deferring normal wage and benefit provisions. Raymond Majerus, head of the union’s American Motors Depart ment, said the loan will provide the company with money needed to develop “a new line of high quality autos.” He expects American Motors workers to recoup their losses before the expiration date of the contract, unlike workers at General Motors Corp. and Ford Mo tor Co. (For an account of GM and Ford concessions, see Monthly Labor Review, May 1982, pp. 59-60 and April 1982, p. 62.) The money will be accumulated by “banking,” paid time off and by deferring pay increases: • The effective date of 3 percent pay increases that would normally have been effective in September of 1982 and 1983 were deferred until January 1985 (a 3-percent increase that would normally have been ef fective in September 1984 was eliminated); • The six quarterly automatic cost-of-living adjust ments that would have normally been effective in March, June, September, and December of 1982 and 54 FRASER Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis in March and June of 1983 will be deferred to De cember 3, 1984 (however, if the total calculated amounts of these adjustments exceed $1.20 an hour, the excess will be paid on the normal quarterly ad justment date). • Employees will “bank” 21 days of pay until 1985 by giving up 5 days of holiday or vacation pay in 1982, 8 days in 1983, and 8 days in 1984. • The effective dates of certain benefits will be delayed for new employees. The amount that the workers lose by deferring wage increases and “banking” will be repaid, with 10 percent compound interest, beginning in 1985 and concluding not later than 1989, even if the company is operating at a loss. For repayment purposes, American Motors will allo cate an amount equal to either 25 percent of its auto motive profits (during the preceding year) or all profit in excess of 4 percent of sales, whichever is greater. If there is no profit, or if the profit is too small for repay ment purposes, the union can opt for a formula calling for the company to repay $100 for each of the first 200.000 vehicles and $150 for each additional vehicle produced in the United States and Canada in a year, in addition to 10 percent of company profits. In return for the concessions, the company agreed to keep the plants open until the September 1985 termina tion date of the contract, except in the “gravest eco nomic circumstances.” The plants are in Toledo, Ohio, and Milwaukee and Kenosha, Wise. Also, it pledged to conduct all employment cutbacks— except those result ing from reduced sales— through attrition; notify the union 60 days before any major “outsourcing” (con tracting out) decisions; apply wage and benefit cost-sav ing measures to nonunion employees and reduce the number of supervisors; adopt a company-financed legal services plan; and reopen the agreement if more than 300.000 a m c and Renault vehicles are produced or imported in any 6 consecutive months. The new contract supersedes the balance of an agree ment scheduled to expired in September 1983. Current ly, Chrysler Corp. is the only “Big Four” automaker left to settle with the UAW in 1982. Amtrak agreements deviate from pattern In the rail passenger service industry, Amtrak reached agreements with six unions for 10,000 employ ees and bargaining was continuing with nine other unions for 7,000 other workers. Union officials said that the accords were similar to the pattern settlements ne gotiated by 10 rail unions in 1981 (see Monthly Labor Review, January 1982, p. 24) except for several provi sions that were included in the Amtrak agreements be- cause of congressional mandates for increased efficiency. According to an Amtrak official, the deviations from the pattern included somewhat smaller pay increases, changes in work rules, reductions in overhead, and changes intended to improve “on time performances.” The unions involved in the settlements were the Mainte nance of Way Employees; Railway and Airline Clerks; Electrical Workers ( i b e w ); Boilermakers and Black smiths; Machinists; and the Transport Workers and Railway Carmen, who bargain jointly. High court finds two schools guilty of job bias In a case involving two public school systems, the Supreme Court ruled that a 1972 law banning discrimi nation in federally financed educational programs also applies to school employment practices. The issue arose when the former Department of Health, Education and Welfare attempted to withhold funds from the schools, located in North Haven and Trumbull, Connecticut, to force them to comply with the 1972 law banning dis crimination in education. Initially, a Federal judge had held that the law did not apply, but an appeals court backed the Federal agency’s position, leading the schools to appeal to the Supreme Court. Writing for the 6-member majority, Justice Harry Blackmun said that while the law does apply to school employment discrimination, the fund cutoff must be limited to the particular program or part of a program actually receiving the aid. This means that the lower court must determine if the funds were so diffused throughout the two school systems that the cutoff should apply to the entire systems. Company ordered to pay value of concessions A Federal district judge ruled that the Singer Co. must pay damages to Local 461 of the International Union of Electrical Workers if it closes its Elizabeth, N.J., plant. The local had agreed to labor cost conces sions in 1981 in return for a pledge that the facility would be kept open. (See Monthly Labor Review, May 1982, p. 61, for the closing announcement.) Judge Her bert J. Stern found that the contract did not contain a promise that the sewing machine plant would be kept open, and that Singer, therefore, has the right to close the plant. However, he ruled that the company was lia ble for the approximately $2 million value of the con cessions to date. A&P wins concessions in local bargaining The Great Atlantic and Pacific Tea Co. was success ful in its new strategy of seeking labor-cost concessions in local bargaining, as workers in the Philadelphia area https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis agreed to contract changes that will result in the re opening of “a large number” of stores. A&P had closed about 75 stores in the area during the preceding 12 months. The company adopted the local bargaining strategy after the United Food and Commercial Work ers rejected its proposals for companywide concessions. (See Monthly Labor Review, June 1982, p. 64.) A&P in dicated that it would form a subsidiary, Super Fresh Food Centers, Inc., to operate the reopened stores. Company chairman James A. Wood said the subsidiary would operate under a “unique collective bargaining agreement” that would include “incentives and invest ment programs” for the union members. Apartment house workers settle In New York City, 30,000 employees of 3,500 apart ment buildings were covered by a settlement between the Service Employees and the Realty Advisory Board. Wage terms included an immediate raise of $24 a week, a $21-increase in the second year, and $20 in the final year. The cost-of-living adjustment formula was revised to provide for pay increases of 4 cents an hour (former ly 3) for each percentage point rise above 8.5 percent in the Consumer Price Index for New York, N.Y.— Northeastern, N.J. Benefit provisions included an 11th paid holiday— with individual employees given the choice of selecting Good Friday, Yom Kippur, or the birthday of Dr. Martin Luther King Jr.; and full pay (instead of 70 per cent) for unused sick leave. Insurance companies offer early retirement Three major insurance companies offered special early retirement inducements to 3,600 employees to help re duce operating costs in the face of a slowdown in sales resulting from increased competition and the economic recession. Two of the companies— Metropolitan Life Insurance Co. and Continental Corp.— indicated that the retirement inducements were an alternative to possi ble layoffs. At Metropolitan, the offer applied to 500 workers at its New York City and San Francisco regional head quarters. The workers, most of them in their fifties, were offered payments of up to 1.5 years of salary as an inducement to early retirement. The company also re ported that it eliminated 9,000 sales agent jobs through attrition during the last 10 years. At Continental, 900 of 1,400 eligible employees had already accepted the offer, which included lump-sum payments up to 6 months’ pay plus special pension sup plements continuing to age 62. Prudential Insurance Co.’s offer to 1,700 workers in cluded cash payments of up to a year of salary. About 55 M ONTHLY LABOR REVIEW July 1982 • Developments in Industrial Relations 300 to 400 workers are expected to accept the offer. The company said that early retirement would relieve “sur plus staffing” and also open promotions to more women and members of minority groups. Workweek reduced for State employees Idaho Governor John Evans ordered a 20-percent reduction in the workweek and pay of more than 3,000 State employees to help balance the budget for the fiscal year that ended June 30. The cut lasted 7 weeks and applied only to workers paid from the State’s general fund; about 10,000 other workers were not affected. The balance of the $12 million shortfall was to be made up by deferring purchases, restricting travel, and a hiring freeze. The deficit resulted from reduced tax collections. UFW, Teamsters again settle jurisdictional dispute Renewal of jurisdictional disputes between the United Farm Workers and the Teamsters over organizing agri cultural workers in California and other Western States was averted when a peace treaty, scheduled to expire in March, was extended for 1 year. The original 5-year treaty, signed in 1977, ended a struggle between the unions that began about 10 years earlier. (See Monthly Labor Review, May 1977, pp. 57-58). Under the agree ment, the Farm Workers organize workers engaged in growing agricultural products and the Teamsters orga nize workers engaged in processing, preserving, and transporting farm products. Prior to announcement of the agreement extension, Farm Workers’ President Cesar Chavez had blamed the Teamsters for his union’s financial and operating diffi culties. A Teamsters’ official said that if his union stayed out of farm labor, “it will give the lie to those who say we Teamsters are to blame for the weakening or the end of the UFW .” State employees get raise, minus 2 weeks of pay About 165,000 employees of New York State were covered by 3-year agreements that provided similar overall gains in wages and benefits. All of the contracts provided for adoption of delays in paydays that were expected to save the State $88 million this fiscal year. One of the settlements involved 107,000 administra tive, clerical, and blue-collar employees represented by the Civil Service Employees Association. It provided for 56 FRASER Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis a 9-percent pay increase on April 1, 1982, and for 5 percent increases on April 1 and September 1 of 1983 and 1984. These employees previously averaged $11,395 a year. To help minimize the immediate cost of this ac cord, which also called for benefit improvements, the union agreed to a 2-week lag in payrolls. Under this procedure, paychecks will be delayed 1 additional day in each biweekly pay period, resulting in a cumulative delay of 10 workdays. At retirement, workers will be paid for the 10 days at the pay rates they are then re ceiving. In a change sought by the union, the parties agreed to end a performance evaluation system which tied workers’ pay to managements’ assessment of their work. Instead, the parties agreed to return to the prior system, under which all workers in a particular grade will re ceive the same increase, if their individual performance is at least satisfactory. The second settlement, covering 47,000 professional, scientific, and technical workers, provided for a 9-per cent salary increase effective April 1, 1982, and for 8 percent increases on each of the next two anniversaries. This settlement, negotiated by the Public Employees Federation, also provided that workers hired after March 31, 1982, accrue 10 days of sick leave and 3 days of personal leave a year, while those already on the payroll will continue to accrue 13 days of sick leave and 5 days of personal leave. The final settlement, with Council 82 of the State, County and Municipal Employees, provided for essen tially the same provisions as those won by the Civil Ser vice Employees Association. One difference was that the witholding of 2 weeks of pay will be accomplished by paying employees for 9Yi days (instead of 10 days) for 20 consecutive pay periods. Ship pilots get pay increase The 39 pilots who maneuver ships on the lower Co lumbia River will earn about $90,000 a year (an 11-per cent increase) as a result of a decision by the Oregon Board of Maritime Pilots. The pilots earnings now are calculated at 6.2 cents per registered ton and $9.35 per draft foot, rising by 10 percent each in February 1983. In addition, they will receive a surcharge of $100 for each 50 feet of ship length above 699 feet. The pilots handled an average of 133 ships in 1980. Similar in creases were being considered for other ship pilots in the area. □ Book Reviews Social policies for the aging The Elderly and the Future Economy. By Lawrence Olsen, Christopher Caton, and Martin Duffy, with contributions by Michael Shannon and Robert Tannenwald. Lexington, Mass., D. C. Heath and Co., Lexington Books, 1981. 143 pp., bibliography. $19.95. This book was prepared by Lawrence Olsen, Christopher Caton, and Martin Duffy, all members of the staff of Data Resources, Inc. ( d r i ), to supplement the work of the Technical Committee on the Economy of the recent 1981 White House Conference on Aging. Using forecasting techniques based on two simulation models, the authors attempt to assess the general mac roeconomic outlook for the period 1980 through 2005, how various age groups in the population will fare dur ing this time period, and the effect on both the income position and status of both elderly and nonelderly indi viduals and families if four policy options, or a mix thereof, were to be enacted and put into operation over the next 25 years or so. The four policy options selected for analysis were (1) increased labor force participation of “elderly” workers (age 65 and over) and “nonelderly” workers (age 5564); (2) a national income guarantee program for the el derly; (3) an increase in personal saving rates by the nonelderly beginning in 1981, and (4) “investment-ori ented” corporate tax cuts, also beginning in 1981. No detailed rationale is provided for the selection of these options, only one of which is an income transfer pro posal. After introductory and review of the literature chap ters, chapter 3 outlines the DRI baseline simulation model of the economy through 2005. It forecasts slower rates of increase for both the GNP and consumption growth than experienced over the past two decades, only a slow moderation of inflation, and a slowing of the real-income growth of the elderly, at least when compared to the past decade or so. While the real in come of the elderly as a group is projected to show some gains, the baseline model forecasts that significant numbers of the elderly population will have low in comes well into the 21st century. A welcome highlight https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis of chapter 3 is the explanation and discussion of the two models, the DRI Macroeconomic Model and the DRI Demographic-Economic Model of the Elderly. The latter was used to project trends in elderly and nonelderly income by various age groups (under age 55, 55-61, 62-64, 65-71, and 72 and over), by family status and income level. The authors are to be commended for the complete income distribution tables for each of these age groups, discussed in both the text and the ap pendices material. The next four chapters cover the aforementioned poli cy options and their macroeconomic effects as well as their effects on income and its distribution between nonelderly and elderly individuals and families. Chapter 4 assesses the effect of increased labor force participa tion by older people, and both the macroeconomic and income status of the elderly show some general im provement under this option, although the very oldest and the poorest benefit little. Chapter 5 examines the ef fects of guaranteeing the elderly an adequate level of in come beginning in 1981. Interestingly, the minimum standard for income adequacy was the Bureau of Labor Statistics’ “Intermediate Budget Level for a Retired Couple in 1979 ($8,562),” and indexed annually thereaf ter. While the initial annual cost of such an income guarantee is high, some $18 billion the first year, it would have only minimal effects on the economy as a whole, and, of course, prove to be a highly effective mechanism for assuring income adequacy to elderly families and individuals in greatest economic need. Chapters 6 and 7 discuss options that, in some ways, have either already been implemented or are among the objectives of the Reagan Administration. Chapter 6 an alyzes the effects of a personal saving-rate increase by nonelderly workers of about 2-percent higher than the saving rate variable built into the DRI Macroeconomic Model. The personal savings option would lead, accord ing to D Rl’s analyses, to an appreciable growth of the real gross national product, especially from the period 1986 on. However, gains for the elderly are projected as being slow under this option; not until the year 2000 would the average real income of the elderly population rise above its baseline amount. In chapter 7, invest ment-oriented corporate tax cuts are analyzed. While 57 M ONTHLY LABOR REVIEW July 1982 • Book Reviews economic growth substantially increases under this op tion, DRI points out that in the absence of new transfer initiatives, the elderly benefit less from the economic im provements that would result from this option than younger age groups. And, DRI emphasizes that this would be especially true for the poorest and the oldest among the older population. The final chapter compares the various options with each other and with the baseline macroeconomic model. The authors argue for some mix of the various options discussed, although they point out that the greatest gains for the elderly would take place under either an increase in the labor force participation rates of the el derly and near elderly and, of course, the income guar antee option pegged to the BLS Intermediate Budget Level. It is a carefully written and analytical discussion that should aid policymakers at the national level, and those attempting to influence them, with a more sophis ticated understanding of these options, their specific policy implications, and their effect on the economy as a whole. Appendix A should also be mentioned. It includes the various assumptions used in the development of D R l’s Macroeconomic simulation, including assumptions in such areas as labor force growth, employment and un employment growth and rates, energy and energy poli cy, fiscal policy, consumption expenditures, housing, business investment, State and local spending, and pro ductivity. If one can assume that there is a fair degree of reli ability in the basic DRI Macroeconomic Models and their Demographic-Economic Model, then this book may break some new ground insofar as social policy in the broad field of aging is concerned. The book should be particularly attractive to those working in the field of public retirement income programs, as legislators or policy analysts, including those analysts now working in various organizations attempting to influence national retirement income policy. — W il l ia m D. B e c h il l D ir ec to r, A g in g A d m in istra tio n P rogram S c h o o l o f S o cial W ork a n d C o m m u n ity P la n n in g U n iv e r sity o f M a rly a n d Another look at labor market theory Labor Economics: The Emerging Synthesis. By Robert M. Fearn. Cambridge, Mass., Winthrop Publishers, 1981. 278 pp. $14.50. Robert Fearn, it appears, is determined to make eco nomic labor market theory come alive. This book is among the new order of “analytical” labor economics texts emphasizing the applicability of neoclassical eco 58 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis nomic theory and techniques in the analysis of contem porary labor market issues. Where other authors have failed, Fearn succeeds in (1) identifying the most press ing of today’s labor problems and (2) presenting a co gent review of the most important literature bearing on the issues. Indeed, it is in the literature review of each issue that Fearn’s book is generally at its best. Early in the work, however, it becomes clear that Fearn disre gards his arsenal of knowledge and technique and be comes distracted on mundane side issues. Fearn covers issues ranging from the economics of women’s liberation to the traditional chapter on the dis tribution of income. His introduction includes an excel lent discussion of the changing nature and emphasis of labor economic study. It is here that the topical ap proach is explained and justified. A telling omission, however, is any indication of the theoretical and quanti tative sophistication assumed of the book’s readers. This omission returns to haunt the work in many chap ters, for it becomes apparent that Fearn’s vacillation on the level of analysis stems from either uncertainty re garding the nature of his audience or a futile attempt to serve the purposes of all. There are several excellent chapters in the book, rep resenting Fearn’s ability to identify a meaningful prob lem and synthesize available literature on the subject. Chapter 8, “The Demand for Human Capital,” is a sub ject traditionally covered in most labor texts. Fearn’s contribution to the issue is most enlightening in his pre sentation of “ . . . practical lessons for career choosers, guidance counselors, and others.” “The Economics of Unions” chapter is superb as a review of the recent lit erature. Unfortunately, the treatment of unionism as a consumer good, a monopoly influence, and a cheap screening device, suffers from unnecessary attempts to blend mathematical rigor into the analysis. The discus sion of unionism is highlighted, nonetheless, by an em pirical investigation of the determinants of union membership and union wage effects. An exceptional chapter, “Economics of Women’s Liberation,” presents a lucid explanation of female labor force participation influences and skillfully separates the economic from noneconomic forces. Fearn’s book makes a substantial contribution to the labor economics literature, particularly in presenting concepts, theories, and literature reviews in an interest ing topical framework. This achievement is marred, however, by extended presentations of mathematical model specifications. If the author considers such elabo rations to be necessary, they would more appropriately be presented as chapter appendices. As many authors are prone to do, Fearn occasionally gets carried away with digressions that detract from the major components of this analysis. Such is the case in the first chapter, “Labor Markets and Labor Force At- tachment,” where the discussion of “communards” and communal living is stretched over 13 pages in the fol lowing sections: “Indifference Curve Analysis and Com munal Distribution; A Small Commune, or Tea for Two; Communes and ‘Copping’ or ‘Opting Out’; and Communes, Households and Labor Force Attachment.” A similar redundancy shows up in the presentation of President Nixon’s Family Assistance Plan (fap ) in the chapter on “Welfare Programs and Work Incentives.” While Fearn presents a straightforward treatment of many of the major issues surrounding income mainte nance programs, in place of his diversion to mathemati cal elucidation of the FAP model could have been a simple algebraic formulation demonstrating that the principal objectives of U.S. welfare policy are mutually inconsistent. Labor Economics: An Emerging Synthesis should be read by students of labor economics (and teachers) in terested in an up-to-date analysis of current labor prob lems. While I argue at some points with Fearn’s presentation, I find the book generally to be free of ma jor errors of analysis and interpretation. — William L. M cK ee A s sista n t P ro fesso r In stitu te o f A p p lie d E c o n o m ic s N o r th T e x a s S ta te U n iv e r sity Foreign policy: ways and means Solvency— The Price o f Survival: An Essay on American Foreign Policy. By James Chace. New York, Ran dom House, Inc., 1981. 115 pp. $9.95. In a clear, accessible, even personable style, James Chace, the managing editor of Foreign Affairs, addresses the conduct of foreign relations and economic policy with broad, vigorous strokes. At the same time, he illu minates the subtle and generally unexamined interstices between these two fields with a clarity not too short of brilliance. After reading this book, we can understand that a $1.5 trillion unfunded liability in the Social Secu rity system may keep a strategic window of vulnerabili ty open that much wider or that today’s high rate of unemployment could mean that a U.S. Army division will have to go 1 more year without updating its equip ment, These are some of the hard choices that must be made when competing commitments meet the reality of too scarce resources. Tension between wants and means is the foundation of Chace’s discussion of foreign policy. His analysis can be reduced, with admitted oversimplification, to a vari ety of accounting problems. On the debit side are the national security commitments, the international politi https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis cal debts, the promises made to others in conducting foreign policy, and the huge domestic commitments America has made to its own people. On the credit side, there are the promises and commitments returned to the United States, the Nation’s standing military power, and the fecundity of the economy. In such an account ing framework, Chace quotes Walter Lippmann: . . . th e level m a y vary at w h ich a so lv e n t b a la n ce is stru ck . If its ex p en d itu res are sa fely w ith in its assu red m ea n s, a fa m ily is so lv e n t if it is p o o r, is w e ll-to -d o , or is rich. T h e sa m e p rin cip le h o ld s tru e o f n a tio n s. T h e sta te s m an o f a str o n g co u n tr y m a y b a la n ce its c o m m itm e n ts at a h ig h level or at a lo w . B u t w h eth er h e is c o n d u c tin g th e af fairs o f G erm a n y , w h ich h a s h ad d y n a m ic a m b itio n s, or th e affairs o f S w itzerla n d , w h ich seek s to h o ld w h a t it a lread y h as, or th e U n ite d S ta tes, h e m u st b rin g h is m ea n s an d en d s in to b alan ce. If h e d o e s n o t, h e w ill fo llo w a co u rse th a t lea d s to d isaster. James Chace argues that we are well along such a course. We have spent too m uch— Chace is especially mindful of Vietnam— and we are building too little. The analysis of the economy and why it is not pro ducing enough is less assured than Chace’s commentary on foreign affairs. His economics rely heavily on the oldtime religion that holds its meetings in the middle of the road that runs past the Wall in lower Manhattan: The government has spent too much and taxed too lit tle; the authorities have printed too much money to make up the difference; and we have all gotten too lazy and complacent in our labor. The theory is arguable, but the implications are clear— the United States is no longer so overwhelmingly dominant an economy that it can more or less demand, and generally get, its own po litical and economic terms on all issues. The United States must now choose between its “vital interests” and “secondary goals” and, in many ways, must learn to define these concepts in terms of the limited means available. Solvency is a provocative and disturbing book. Words like “retrenchment” and “withdrawal” and even “isola tion” can whisper through one’s thoughts. Simple logi cal extension of Chace’s theme of bringing means and ends into balance leads to thoughts of digging into a new, nuclear Fortress America. But I think Chace would agree that policy can be made to cope with the solvency crisis without drawing back from our basic commitment as the principal country among the free nations of the world. I would like to add that the pa rameters of that exercise may not ultimately be set in Washington’s foreign policy councils, but on the boardroom tables and shop floors of America’s production machine. — R ichard M. D evens, Jr . Boston, Mass. 59 M ONTHLY LABOR REVIEW July 1982 • Book Reviews Publications received Economic and social statistics S a iy ed , H . a n d R . S. P resto n , O p tim a l C on trol: A n A p p lica tio n U sin g C a n d id e M o d e l 2.0. O tta w a , O n tario, E c o n o m ic C o u n c il o f C a n a d a, 1982, 79 p p ., b ib lio g ra p h y . (D is c u s sio n P aper, 2 1 5 .) U .S . B ureau o f L ab o r S ta tistics, T ech n ica l D escrip tio n o f th e Q u a rte r ly D a ta on W e e k ly E a rn in g s f r o m th e C u r re n t P o p u la tio n S u rvey. (P rep ared b y E arl F . M ello r.) W a sh in g to n , 1982, 13 pp. (B u lletin 2 1 1 3 .) $ 2 .2 5 , S u p erin ten d en t o f D o c u m e n ts , W a sh in g to n 2 0 4 0 2 . T rad e U n io n s in 1 9 8 0 ,” E m p lo y m e n t G azette, F eb ru ary 1982, pp. 5 4 -5 6 . ----------- “T h e N e w E m p lo y m e n t B ill — A C la u se-b y -C la u se S u m m a ry ,” E m p lo y m e n t G azette, F eb ru ary 1982, pp. 6 1 63. H offm an , R o b ert B „ “ C o n fid en tia l E m p loyees: Is th e D ile m m a R e so lv e d ? ” L a b o r L a w Jou rn al, M arch 1982, pp. 137— 45. H o lzer, H arry J., “ U n io n s an d th e L ab or M ark et S tatu s o f W h ite a n d M in o rity Y o u th ,” I n d u s tr ia l a n d L a b o r R e la tion s R eview , A p ril 1982, pp. 3 9 1 —4-05. Economic growth and development Irvin g, Joh n S„ Jr., “ C lo sin g an d S ales o f B u sin esses: A S et tled A rea?” L a b o r L a w Jou rn a l, A p ril 1982, pp. 2 1 8 -2 9 . A m e ric a n F ed er a tio n o f L ab or a n d C o n g ress o f In d u strial O r g a n iz a tio n s, T h e N a tio n a l E co n o m y, 1981: B a c k g ro u n d a n d P o lic y R e c o m m e n d a tio n s f o r 1982. W a sh in g to n , 1982, 31 pp. (R e p r in ted from th e N a tio n a l E c o n o m y se c tio n of th e R e p o r t o f th e E x e cu tiv e C o u n cil o f th e AFL-CIO to th e 1 4th C on ven tio n , N e w Y o rk , N o v e m b e r 1981.) Japan In stitu te o f L ab ou r, A g e n d a f o r I n d u s tr ia l R e la tio n s in A sian D evelo p m en t: P roceedin gs o f th e 1981 A sian R e g io n a l C o n feren ce on I n d u s tr ia l R ela tio n s, H e ld in T okyo, J a p a n , 1981. T o k y o , T h e Japan In stitu te o f L a b ou r an d T h e Japan In d u strial R e la tio n s R esea rch A s so c ia tio n , 1982, 3 7 0 pp. E h ren b erg , R o n a ld G ., R esea rch in L a b o r E co n o m ics: Vol. 4, A R esea rch A n n u a l. G reen w ich , C o n n ., j a i P ress, In c., 1981, 4 6 9 pp. $ 4 7 .5 0 . L aw ler, Joh n J., “ C o llec tiv e B argain in g a n d M ark et U n c e r ta in ty ,” I n d u s tr ia l R e la tio n s, W in ter 1982, pp. 3 3 -5 2 . “ G o v er n m e n t a n d E c o n o m ic P erfo rm a n ce,” T h e A n n a ls, T h e A m erica n A c a d e m y o f P o litica l a n d S o cial S cien ce, Jan u ary 1982, pp. 14—160. U .S . B ureau o f L a b o r S ta tistic s, E c o n o m ic P rojection s to 1990. W a sh in g to n , 1982, 151 pp. (B u lletin 2 1 2 1 .) S to ck N o . 0 2 9 - 0 0 1 - 0 2 6 9 5 - 1 . $6, S u p erin ten d en t o f D o c u m e n ts , W a sh in g to n 2 0 4 0 2 . Industrial relations A b o w d , Jo h n M . a n d H en ry S. F arb er, “Jo b Q u eu es a n d the U n io n S ta tu s o f W o r k e rs,” I n d u s tr ia l a n d L a b o r R e la tio n s R e view , A p ril 1982, pp. 354—67. A u ch ter , T h o r n e G ., “ o s h a : A Y ear L a ter,” L a b o r L a w J o u r n al, A p ril 1982, pp. 1 9 5 -2 0 1 . B a rn u m , D a r o ld T . a n d I. B. H elb u rn , “ In flu en cin g th e E le c torate: E x p erien ce w ith R eferen d a on P u b lic E m p lo y e e B a r g a in in g ,” I n d u s tr ia l a n d L a b o r R e la tio n s R eview , A p ril 1 982, pp. 3 3 0 —42. B a u g h , W illia m H . a n d Jo e A . 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M o rriso n , M a lc o lm H ., “ a d e a a n d th e F u tu re o f R etire m e n t,” A g in g a n d W ork, F a ll 1981, pp. 2 5 3 -5 7 . R e isc h l, D e n n is K ., “ A rb itral D ilem m a : T h e R e so lu tio n o f F ed eral S ector A s b e s to s D ifferen tial D is p u te s ,” L a b o r L a w J o u rn al, M arch 1982, pp. 1 6 9 -7 6 . S ch u ster, M ich a el H . an d C h risto p h er S. M iller, “ E v a lu a tin g th e O ld er W orker: U s e o f E m p lo y e r A p p ra isa l S y stem s in A g e D isc r im in a tio n L itig a tio n ,” A g in g a n d W ork, F all 1981, pp . 2 2 9 —43. S ch u tt, R u sse ll K „ “ M o d e ls o f M ilitan cy: S u p p ort for Strikes a n d W ork A c tio n s A m o n g P u b lic E m p lo y e e s ,” I n d u s tr ia l a n d L a b o r R e la tio n s R eview , A p ril 1982, pp. 4 0 6 - 2 2 . Sethi, A m a r jit S in gh a n d Stu art J. D im m o c k , e d s., I n d u s tr ia l R e la tio n s a n d H e a lth Services. N e w Y o rk , St. M a rtin ’s P ress, 1982, 3 7 0 pp. $35. S ilb ergeld , A rth u r F ., “ N e w A ffirm ative A c tio n R e g u la tio n s for G o v er n m e n t C o n tr a c to r s ,” L a b o r L a w Jou rn a l, A p ril 1982, pp. 2 3 0 -3 7 . S m ith , J. M artin , “ A r b itr a tin g S afety G rievan ces: C o n tra ct or C o n g ress? ” L a b o r L a w J o u rn a l, A p ril 1982, pp. 2 3 8 -4 6 . S w id in sk y , R o b er t, “ B a rgain in g P o w er U n d e r C o m p u lso r y U n io n is m ,” I n d u s tr ia l R e la tio n s, W in ter 1982, pp. 6 2 -7 2 . T h o r n to n , R o b er t J., “T each er U n io n ism an d C o llec tiv e B a rgain in g in E n g la n d a n d W a le s ,” I n d u s tr ia l a n d L a b o r R e la tio n s R eview , A p ril 1982, pp. 3 7 7 -9 1 . U .S . B ureau o f L ab or S ta tistic s, B a rg a in in g C a le n d a r 1982. (P rep ared b y M ary A n n A n d r ew s, D o u g la s L e R o y , an d D a v id S ch lein , a ssisted b y Jane G reen e.) W a sh in g to n , 1982, 63 pp. (B u lletin 2 1 2 7 .) S to ck N o . 0 2 9 - 0 0 1 - 0 2 6 9 8 6. $ 4 .5 0 , S u p erin ten d en t o f D o c u m e n ts , W a sh in g to n , 20402. ----------- M a jo r C o llective B a rg a in in g A g re e m e n ts: P la n t M o v e m en t, I n te r p la n t T ransfer, a n d R e lo c a tio n A llow an ces. (P rep ared b y M ary A n n A n d r ew s, H o m er R . K em p , Jr., D a v id S ch lein , a n d W in sto n L. T ille ry .) W a sh in g to n , 1981, 110 pp. (B u lletin 1 4 2 5 -2 0 .) S to ck N o . 0 2 9 - 0 0 1 0 2 6 0 2 - 1 . $ 4 .7 5 , S u p erin ten d en t o f D o c u m e n ts , W a sh in g to n 2 0 4 0 2 . Z ip p , G le n n A ., “ R ig h ts a n d R e sp o n sib ilitie s o f P arties to a U n io n -S e c u r ity A g r e e m e n t,” L a b o r L a w J o u rn al, A p ril 1982, pp. 2 0 2 -1 7 . 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N e w Y o r k , A M A C O M , A d iv isio n o f A m erica n M a n a g em en t A s so c ia tio n s , 1982, 213 pp. $ 1 5 .9 5 . 1 4 5 -7 5 . Labor force B o u let, J a c -A n d ré a n d L aval L a vallée, W om en a n d th e L a b o u r M a r k e t: A n A n a ly tic a l F ra m ew o rk . O tta w a , O n tario, E c o n o m ic C o u n c il o f C a n ad a, 1981, 2 0 4 pp. (D isc u s sio n P aper, 2 0 7 .) G u stm a n , A la n L. a n d T h o m a s L. S tein m eier, T he I m p a c t o f W ages a n d U n e m p lo y m e n t on Y ou th E n r o llm e n t a n d L a b o r S u p p ly. R ep rin ted from The R e v ie w o f E c o n o m ic s a n d S ta tistic s, N o v e m b e r 1981, pp. 5 5 3 -6 0 . C am b rid ge, M a ss., N a tio n a l B ureau o f E c o n o m ic R esea rch , In c., ( n b e r R ep rin t, 2 4 1 .) $1.5 0 . H a ll, R o b er t E. a n d E d w a rd P. L azear, T he E x c ess S e n sitiv ity o f L a y o ffs a n d Q u its to D e m a n d . C a m b rid ge, M a ss., N a tio n a l B ureau o f E c o n o m ic R esea rch , In c., 1982, 4 8 pp. (NBER W o rk in g P aper Series, 8 6 4 .) $1.50. H a u sm a n , Jerry A ., L a b o r S u p p ly. R ep rin ted from th e B r o o k in g s In stitu tio n ’s H o w T a x es A ffe c t E c o n o m ic B e havior, pp. 2 7 - 7 2 . C a m b rid ge, M a ss., N a tio n a l B ureau o f E c o n o m ic R esea rch , In c., 1982. K a h n , L a w ren ce M . a n d S tu art A . L o w , “T h e W a g e Im p a ct o f J o b S ea rch ,” I n d u s tr ia l R e la tio n s, W in ter 1982, pp. 5 3 61. S h ep p a rd , H a ro ld L ., “ncoa A g in g Su rvey Show s P ro u n o u n ce d P referen ce for P art-tim e W ork: a d e a A w a re n e ss V a ries A m o n g R e s p o n d e n ts ,” A g in g a n d W ork, F a ll 1981, p p . 2 2 1 -2 5 . U .S . B ureau o f L a b or S ta tistic s, L in k in g E m p lo y m e n t P ro b le m s to E c o n o m ic S ta tu s. (P rep ared b y F ra n cis W . H o rv a th , N a n c y F . R y tin a , a n d S y lv ia R . T erry.) W a sh in g to n , 1982, 58 pp. (B u lletin 2 1 2 3 .) S to c k N o . 0 2 9 - 0 0 1 - https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis nal, Sp rin g 1982, pp. 1 -1 8 . P erh am , Joh n , “ W h a t’s W ro n g w ith M a n a g e m e n t,” D u n 's B u sin ess M o n th , A p ril 1982, pp. 4 8 - 5 2 . S teele, Jam es W ., P a y in g f o r P erfo rm a n c e a n d P osition: D ile m m a s in S a la r y C om pression a n d M e r it P ay. N e w Y o rk , A m erica n M a n a g em en t A s so c ia tio n s , a m a M em b ersh ip P u b lica tio n s D iv isio n , 1982, 50 pp. $10, a m a m em b ers; $ 1 3 .5 0 , n o n m em b ers. W h ea t, R ich a rd A ., “T h e F ed eral F le x itim e S ystem : C o m p a ri so n a n d Im p le m e n ta tio n ,” P u b lic P erso n n el M a n a g e m e n t Jou rn a l, Sp rin g 1982, pp. 2 2 -3 0 . W rich , Jam es T ., G u id elin es f o r D evelo p in g an E m p lo y e e A ssist a n ce P ro g ra m . N e w Y o r k , A m erica n M a n a g e m en t A s s o c ia tio n s, 1982, 82 p p . $ 7 .5 0 , a m a m em b ers, $ 10, n on m em b ers. Monetary and fiscal policy F ried m a n , B en jam in M „ “ F in a n cia l M ark ets an d M o n eta ry E c o n o m ic s ,” NBER R ep o rter, W in ter 1 9 8 1 /2 , pp. 1 -6 . P ech m a n , Josep h A ., ed ., S e ttin g N a tio n a l P riorities: T he 19 8 3 B u d g et. W a sh in g to n , T h e B r o o k in g s In stitu tio n , 1982, 2 6 8 pp. $ 2 2 .9 5 , clo th ; $ 8 .9 5 , paper. Prices and living conditions B o sw o rth , B arry P. a n d R o b ert Z. L aw ren ce, C o m m o d ity P rices a n d th e N e w In fla tio n . W a sh in g to n , T h e B r o o k in g s In stitu tio n , 1982, 215 pp. $ 2 4 .9 5 , cloth ; $ 9 .9 5 , paper. G reat B ritain, D e p a r tm en t o f E m p lo y m e n t, “ P attern o f H o u se h o ld S p en d in g in 1 9 8 0 ,” E m p lo y m e n t G azette, F e b ruary 1982, pp. 5 0 -5 3 . 61 MONTHLY LABOR REVIEW July 1982 • Book Reviews Z erw itz, D o n n a , ed ., C on feren ces on In fla tio n : n ber S u m m a r y R e p o rt. C a m b rid g e, M a ss., N a tio n a l B ureau o f E c o n o m ic R esea rch , In c., 1982, 36 pp. Productivity and technological change G rilic h e s, Z v i a n d F ran k L ich ten b erg , R & D a n d P ro d u c tiv ity a t th e I n d u s tr y L ev el: I s T h ere S t i ll a R e la tio n s h ip ? C a m b rid ge, M a ss., N a tio n a l B ureau o f E c o n o m ic R esea rch , In c., 1982, 4 9 pp. ( n b e r W o rk in g P ap er Series, 8 5 0 .) $ 1 .5 0 . Ish ii, T a k e m o c h i, “T e c h n o lo g ic a l R e v o lu tio n in J a p a n ,” L o o k J a p a n , A p r. 10, 1982, pp . 1 -3 . L a u d an , R a c h e l, “ C o n feren ce R ep ort: M o d e ls o f S cien tific an d T e c h n o lo g ic a l C h a n g e — C en ter for P h ilo s o p h y o f S ci en ce, U n iv e r sity o f P ittsb u r g h , A p r. 9 - 1 2 , 1 9 8 1 ,” T ech n o lo g y a n d C u ltu re, Jan u ary 1982, pp. 7 8 -8 0 . M a ca ro v , D a v id , W o rk er P ro d u c tiv ity : M y th s a n d R e a lity . B ev erly H ills, C a lif., S age P u b lica tio n s, In c., 1982, 223 pp . (S a g e L ib rary o f S o cial R esea rch , V o l. 137.) S u lliv a n , D e n n is J., Jr., “ E lec tro n ic H o m e In fo rm a tio n Ser vices: W ill T h e y D e liv e r T h eir F u ll P rom ise?” N e w J ersey B e ll J o u r n a l, Spring 1982, pp. 1 0 -1 8 . Social institutions and social change C o m m u n ity C o u n c il o f G reater N e w Y o r k , H u m a n S ervices P ro g ra m s— E m p lo y e r a n d U nion S p o n sored: C u rre n t T ren d s in N e w Y o rk C ity. P rep ared b y N a n c y S in kin K o lb e n . N e w Y o r k , C o m m u n ity C o u n c il o f G reater N e w Y o r k , 1982, 3 4 pp. F o ste r, J. F a g g , “ T h e P ap ers o f J. F a g g F o s te r ,” J o u r n a l o f E c o n o m ic Issu es, D e ce m b e r 1981, pp. 8 5 3 -1 0 1 2 . $5, A s so c ia tio n for E v o lu tio n a r y E c o n o m ic s , U n iv e r sity o f N e b rask a, L in c o ln , N eb r. Wages and compensation A p p le g a th , J o h n , W o rk in g F ree: P ra c tic a l A lte rn a tiv e s to th e 9 to 5 Job. N e w Y o rk , a m a c o m , A d iv isio n o f A m erica n M a n a g e m en t A s so c ia tio n s , 1982, 2 0 7 pp . $ 1 3 .9 5 . B o rja s, G eo r g e J., “T h e E a rn in g s o f M a le H isp a n ic Im m i g ra n ts in th e U n ite d S ta te s,” I n d u s tr ia l a n d L a b o r R e la tio n s R e view , A p ril 1982, pp. 3 4 3 -5 3 . B o sc h e n , J o h n F. a n d H ersch el I. G ro ssm a n , T h e F e d e r a l M in im u m W age, E m p lo y m e n t, a n d In fla tio n . R ep rin ted from th e R e p o r t o f th e M in im u m W age S tu d y C o m m is sion, J u n e 1981, pp . 1 9 -4 3 . C a m b rid g e, M a ss., N a tio n a l B u reau o f E c o n o m ic R esea rch , In c., 1981. ( n b e r R ep rin t, 2 4 2 .) $ 1 .5 0 . M ic h ., T h e W .E . U p jo h n In stitu te for E m p lo y m e n t R e search , 1982, 117 p p . $ 5 .7 5 , paper. M eyer, R o b er t H . a n d D a v id A . W ise, T he E ffe cts o f th e M in i m u m W age on th e E m p lo y m e n t a n d E a rn in g s o f Y outh. C am b rid g e, M a ss., N a tio n a l B ureau o f E c o n o m ic R e search , In c., 1982, 64 p p . ( n b e r W ork in g P aper Series, 8 4 9 .) $1.5 0 . O rg a n iza tio n for E c o n o m ic C o -O p era tio n a n d D e v elo p m en t, L a b o u r S u p p ly, G row th C o n stra in ts a n d W o rk S h arin g. P aris, O rg a n iza tio n for E c o n o m ic C o -O p era tio n an d D e v e lo p m en t, 1982, 67 pp. $ 6 .5 0 , OECD P u b lica tio n s a n d In fo rm a tio n C en ter, W a sh in g to n . S eld en , C ath erin e a n d o th ers, E q u a l P a y f o r W o rk o f C o m p a ra b le W orth : A n A n n o ta te d B ib lio g ra p h y. C h ica g o , 111., A m erica n L ib rary A s s o c ia tio n , 1982, 31 pp. $4, pre paid. U .S . B ureau o f L ab or S ta tistics, A re a W age S u rveys: J a c k so n ville, F lorida, M e tro p o lita n A rea, D e c e m b e r 198 1 (B u lletin 3 0 1 0 - 6 3 , 28 p p ., S to c k N o . 0 2 9 - 0 0 1 - 9 0 1 1 0 - 1 , $ 2 .50); D a y to n , Ohio, M e tro p o lita n A rea, D e c e m b e r 198 1 (B u lletin 3 0 1 0 - 6 5 , 35 p p ., S to ck N o . 0 2 9 - 0 0 1 - 9 0 1 1 2 - 7 , $ 2 .7 5 ). A v a ila b le from th e S u p erin ten d en t o f D o c u m e n ts , W a sh in g to n 2 0 4 0 2 , GPO b o o k sto r es, or b l s reg ion al offices. ----------- I n d u s tr y W age S u rvey: L ife In su ran ce, F e b ru a ry 1980. (P rep ared b y J o se p h C. B u sh .) W a sh in g to n , 1981, 4 6 pp. (B u lletin 2 1 1 9 .) S to ck N o . 0 2 9 - 0 0 1 - 0 2 6 4 8 - 0 . $ 3 .2 5 , Su p erin ten d en t o f D o c u m e n ts , W a sh in g to n , 2 0 4 0 2 . Welfare programs and social insurance Jen k in s, M ich a el, “ S o cial S ecu rity T ren d s in th e E n g lish S p eak in g C a rib b ea n ,” In te rn a tio n a l L a b o u r R eview , Septe m b e r -O c to b e r 1981, pp. 6 3 1 -4 3 . L azear, E d w a rd P ., S everen ce P ay, P en sion s a n d E ffic ie n t M o bility. C a m b rid g e, M a ss., N a tio n a l B u reau o f E c o n o m ic R esea rch , In c., 1982, 36 pp. ( n b e r W o rk in g P ap er Series, 8 5 4 .) $1 .5 0 . ----------- W h y I s T h ere M a n d a to r y R e tir e m e n t? R ep rin ted from th e J o u r n a l o f P o litic a l E co n o m y, D e ce m b e r 1979, pp. 1 2 6 1 -8 4 . C a m b rid ge, M a ss., N a tio n a l B ureau o f E c o n o m ic R esea rch , In c., 1982. ( n b e r R ep rin t, 160.) $1 .5 0 . R o o t, L aw ren ce S., F rin ge B en efits: S o c ia l In su ra n c e in th e S te e l In d u s tr y . B ev erly H ills, C a lif., S age P u b lica tio n s, In c., 1982, 2 5 6 pp. $ 2 0 , clo th ; $ 9 .9 5 , paper. Worker training and development C o n lo n , T h o m a s R . & A s so c ia te s, T o ta l E x e c u tiv e C o m p en sa tion S tu d y , M a r c h 1982. D e a r P ark, L .I., N .Y ., T h o m a s R . C o n lo n & A s so c ia te s, 1982, 61 pp. $ 1 0 0 , p lu s p o sta g e. M iren goff, W illia m an d oth ers, CETA: A cco m p lish m en ts, P ro b lem s, S olu tion s. K a la m a z o o , M ic h ., T h e W .E . U p jo h n In stitu te for E m p lo y m e n t R esea rch , 1982, 321 pp. $ 1 0 .9 5 , clo th ; $ 7 .9 5 , paper. C o r so n , W a lter a n d W a lter N ic h o ls o n , T h e F e d e r a l S u p p le m e n ta l B e n e fits P ro g ra m : A n A p p ra isa l o f E m e r g e n c y E x te n d e d U n e m p lo y m e n t In su ra n c e B en efits. K a la m a z o o , V erh o ev en , C .J., T ech n iqu es in C o rp o ra te M a n p o w e r P lan n in g : M e th o d s a n d A p p lica tio n s. H in g h a m , M a ss., K lu w e r B o s to n , In c., M a rtin u s N ijhofF P u b lish in g C o ., 1982, 186 pp. 62FRASER Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Labor Statistics Notes on Current Labor Statistics ................................................................................................ 64 Schedule of release dates for major BLS statistical series ....................................................... 64 Employment data from household survey. Definitions and notes 65 65 66 67 68 69 69 69 1. 2. 3. 4. 5. 6. 7. ............................................................. Employment status of noninstitutional population, selected years, 1950-81 .................................................................. Employment status by sex, age, and race, seasonally adjusted ........................................................................................ Selected employment indicators, seasonally adjusted .......................................................................................................... Selected unemployment indicators, seasonally adjusted ..................................................................................................... Unemployment rates, by sex and age, seasonally adjusted ................................................................................................ Unemployed persons, by reason for unemployment, seasonally adjusted ........................................................................ Duration of unemployment, seasonally adjusted .................................................................................................................. Employment, hours, and earnings data from establishment surveys. Definitions and notes 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. Employment by industry, selected years, 1950-81 ................................................................................................................ Employment by State .................................................................................................................................................................. Employment by industry division and major manufacturing group ................................................................................ Employment by industry division and major manufacturing group, seasonally adjusted ........................................... Hours and earnings, by industry division, selected years, 1950-81 .................................................................. Weekly hours, by industry division and major manufacturing group ............................................................................. Weekly hours, by industry division and major manufacturing group, seasonally adjusted ........................................ Hourly earnings, by industry division and major manufacturing group ........................................................................ Hourly Earnings Index, by industry division, seasonally adjusted .................................................................................. Weekly earnings, by industry division and major manufacturing group ........................................................................ 70 71 71 72 73 74 75 76 77 77 78 Unemployment insurance data. Definitions 79 79 Price data. Definitions and notes .................................................................................................. 80 Consumer Price Index, 1967-81 Consumer Price Index, U.S. city average, general summary and selecteditems ............................................................ Consumer Price Index, cross-classification of region and population size class .............................................................. Consumer Price Index, selected areas ..................................................................................................................................... Producer Price Indexes, by stage of processing ..................................................................................................................... Producer Price Indexes, by commodity groupings ................................................................................................................ Producer Price Indexes, for special commodity groupings ................................................................................................ Producer Price Indexes, by durability of product ................................................................................................................ Producer Price Indexes for the output of selected SIC industries ..................................................................................... 81 81 87 88 89 90 92 92 92 .................................................................................................................. 18. Unemployment insurance and employment service operations .......................................................................................... 19. 20. 21. 22. 23. 24. 25. 26. 27. Productivity data. Definitions and notes 28. 29. 30. 31. .......................................................................................................................... Annual indexes of productivity, hourly compensation, unit costs, and prices, selected years, 1950-81 Annual changes in productivity, hourly compensation, unit costs, and prices, 1971-81 ............................................. Quarterly indexes of productivity, hourly compensation, unit costs, and prices,seasonally adjusted ....................... Percent change from preceding quarter and year in productivity, hourly compensation, unit costs, and prices . . Wage and compensation Data. Definitions 32. 33. 34. 35. 36. ..................................................................................................................... Employment Cost Index, total compensation ....................................................................................................................... Employment Cost Index, wages and salaries, bargaining status, by region, and area s i z e ........................................... Employment Cost Index, wages and salaries, by occupation and industry grou p .......................................................... Wage and compensation change, major collective bargaining settlements, 1977 to date ............................................... Effective wage adjustments in collective bargaining units covering 1,000 workers or more, 1977 to d a te ................ W ork stoppage data. Definition .......................................... 37. Work stoppages involving 1,000 workers or more, 1947 to date https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 95 95 96 96 97 98 99 100 101 102 102 103 103 NOTES ON CURRENT LABOR STATISTICS T h is se c tio n o f th e R e v ie w p resen ts th e p rin cip al sta tistic a l se ries c o lle c te d a n d c a lc u la ted b y th e B ureau o f L ab or S ta tistics. A brief in tr o d u c tio n to each g r o u p o f ta b les p ro v id es defi n itio n s, n o te s o n th e d ata, sou rces, a n d o th er m aterial u su a lly published for numerous Consumer and Producer Price Index series. However, seasonally adjusted indexes are not published for the U.S. average All Items CPI. Only seasonally adjusted percent changes are available for this series. fo u n d in fo o tn o te s. R ea d ers w h o n eed a d d itio n a l in fo rm a tio n are in v ited to c o n su lt th e B L S reg io n al offices listed on th e in sid e fron t c o v er o f th is issu e o f th e R eview . S o m e gen eral n o te s a p p lica b le to several series are g iv en b elo w . Seasonal adjustment. Certain monthly and quarterly data are adjusted to eliminate the effect of such factors as climatic conditions, industry production schedules, opening and closing of schools, holiday buying periods, and vacation practices, which might otherwise mask short term movements of the statistical series. Tables containing these data are identified as “seasonally adjusted.” Seasonal effects are estimated on the basis of past experience. When new seasonal factors are com puted each year, revisions may affect seasonally adjusted data for sev eral preceding years. Seasonally adjusted labor force data in tables 2-7 were revised in the March 1982 issue of the R eview to reflect experience through 1981. The original estimates also were revised to 1970 to reflect 1980 census population controls. Beginning in January 1980, the BLS introduced two major modifi cations in the seasonal adjustment methodology for labor force data. First, the data are being seasonally adjusted with a new procedure called X -ll/A R IM A , which was developed at Statistics Canada as an extension of the standard X -ll method. A detailed description of the procedure appears in The X - l l A R 1M A S eason al A d ju stm e n t M e th o d by Estela Bee Dagum (Statistics Canada Catalogue No. 12-564E, Feb ruary 1980). The second change is that seasonal factors are now being calculated for use during the first 6 months of the year, rather than for the entire year, and then are calculated at mid-year for the July-December period. Revisions of historical data continue to be made only at the end of each calendar year. Annual revision of the seasonally adjusted payroll data in tables 11, 14, and 16 begins with the August 1980 issue using the X -ll ARIM A seasonal adjustment methodology. New seasonal factors for productivity data in tables 30 and 31 are usually introduced in the September issue. Seasonally adjusted indexes and percent changes from month to month and from quarter to quarter are Adjustments for price changes. Some data are adjusted to eliminate the effect of changes in price. These adjustments are made by dividing current dollar values by the Consumer Price Index or the appropriate component of the index, then multiplying by 100. For example, given a current hourly wage rate of $3 and a current price index number of 150, where 1967 = 100, the hourly rate expressed in 1967 dollars is $2 ($3/150 X 100 = $2). The resulting values are described as “real,” “constant,” or “ 1967” dollars. A vailability of information. Data that supplement the tables in this section are published by the Bureau of Labor Statistics in a variety of sources. Press releases provide the latest statistical information published by the Bureau; the major recurring releases are published according to the schedule given below. The B L S H a n dbook o f L ab o r Statistics, Bulletin 2070, provides more detailed data and greater his torical coverage for most of the statistical series presented in the M o n th ly L a b o r Review. More information from the household and es tablishment surveys is provided in E m p lo y m e n t a n d Earnings, a monthly publication of the Bureau. Historically, comparable informa tion from the establishment survey is published in two comprehensive data books — E m p lo ym en t a n d Earnings, U n ited S tates and E m p lo y m en t a n d Earnings, S ta tes a n d Areas, and their annual supplements. More detailed information on wages and other aspects of collective bargaining appears in the monthly periodical, C urrent W age D evelop m e n ts More detailed price information is published each month in the periodicals, the C P I D eta iled R e port and P rodu cer Prices a n d Price In dexes. Symbols p = preliminary. To improve the timeliness of some series, preliminary figures are issued based on representative but incomplete returns. r = revised. Generally, this revision reflects the availability of later data but may also reflect other adjustments, n.e.c. = not elsewhere classified. Schedule of release dates for major BLS statistical series Series Employment situation............................................................ Producer Price index .......................................... Consumer Price Index .................................................. Real earnings .......................................... Productivity and costs: Nonfarm business and manufacturing ...................................... Nonfinancial corporations .................................................... Employment Cost Index .......................................... 64 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Release date Period covered Release date Period covered MLR table number July 2 July 16 July 23 July 23 June June June June August 6 August 13 August 24 August 24 July July July July 1-11 23-27 19-22 12-17 July 29 2nd quarter August 26 August 19 2nd quarter 2nd quarter 28-31 28-31 32-34 EMPLOYMENT DATA FROM THE HOUSEHOLD SURVEY E m ploym ent data in th is se c tio n are o b ta in e d from th e those not classified as employed or unemployed; this group includes persons retired, those engaged in their own housework, those not working while attending school, those unable to work because of long-term illness, those discouraged from seeking work because of personal or job market factors, and those who are voluntarily idle. The noninstitutional population comprises all persons 16 years of age and older who are not inmates of penal or mental institutions, sanitariums, or homes for the aged, infirm, or needy. C u rren t P o p u la tio n S u rvey, a p rogram o f p erson al in terview s c o n d u c te d m o n th ly b y th e B ureau o f th e C en su s for th e B ureau of L abor S ta tistics. The sa m p le c o n sists of about 6 0 ,0 0 0 h o u se h o ld s se lec ted to rep resen t th e U .S . p o p u la tio n 16 years o f a g e a n d old er. H o u se h o ld s are in terv iew ed on a ro ta tin g b a sis, so th a t th ree-fo u rth s o f th e sa m p le is th e sa m e for an y 2 c o n se c u tiv e m o n th s. Full-tim e workers are those employed at least 35 hours a week; part-time workers are those who work fewer hours. Workers on part- Definitions Employed persons are (1) those who worked for pay any time during the week which includes the 12th day of the month or who worked unpaid for 15 hours or more in a family-operated enterprise and (2) those who were temporarily absent from their regular jobs because of illness, vacation, industrial dispute, or similar reasons. A person working at more than one job is counted only in the job at which he or she worked the greatest number of hours. Unemployed persons are those who did not work during the survey week, but were available for work except for temporary illness and had looked for jobs within the preceding 4 weeks. Persons who did not look for work because they were on layoff or waiting to start new jobs within the next 30 days are also counted among the unemployed. The unemployment rate represents the number unemployed as a percent of the civilian labor force. The civilian labor force consists of all employed or unemployed persons in the civilian noninstitutional population; the total labor force includes military personnel. Persons not in the labor force are 1. time schedules for economic reasons (such as slack work, terminating or starting a job during the week, material shortages, or inability to find full-time work) are among those counted as being on full-time status, under the assumption that they would be working full time if conditions permitted. The survey classifies unemployed persons in full-time or part-time status by their reported preferences for full-time or part-time work. Notes on the data From time to time, and especially after a decennial census, adjustments are made in the Current Population Survey figures to correct for estimating errors during the preceding years. These adjustments affect the comparability of historical data presented in table 1. A description of these adjustments and their effect on the various data series appear in the Explanatory Notes of E m p lo ym en t a n d Earnings. Data in tables 2-7 are seasonally adjusted, based on the seasonal experience through December 1981. Employment status of the noninstitutional population, 16 years and over, selected years, 1950-61 [Numbers in thousands] Total labor force Year Total non institutional population Civilian labor force Employed Number Percent of population Total Unemployed Total Agriculture Nonagricultural industries Number Percent of labor force Not in labor force 1950 1955 1960 1964 1965 ............................................................ ............................................................ ............................................................ .................................................... ............................................................ 106,645 112,732 119,759 127,224 129,236 63,858 68,072 72,142 75,830 77,178 59.9 60.4 60.2 59.6 59.7 62,208 65,023 69,628 73,091 74,455 58,918 62,170 65,778 69,305 71,088 7,160 6,450 5,458 4,523 4,361 51,758 55,722 60,318 64,782 66,726 3,288 2,852 3,852 3,786 3,366 5.3 4.4 5.5 5.2 4.5 42,787 44,660 47,617 51,394 52,058 1966 1967 1968 1969 1970 ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ 131,180 133,319 135,562 137,841 140,272 78,893 80,793 82,272 84,240 85,959 60.1 60.6 60.7 61.1 61.3 75,770 77,347 78,737 80,734 82,771 72,895 74,372 75,920 77,902 78,678 3,979 3,844 3,817 3,606 3,463 68,915 70,527 72,103 74,296 75,215 2,875 2,975 2,817 2,832 4,093 3.8 3.8 3.6 3.5 4.9 52,288 52,527 53,291 53,602 54,315 1971 1972 1973 1974 1975 ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ 143,033 146,574 149,423 152,349 155,333 87,198 89,484 91,756 94,179 95,955 61.0 61.1 61.4 61.8 61.8 84,382 87,034 89,429 91,949 93,775 79,367 82,153 85,064 86,794 85,846 3,394 3,484 3,470 3,515 3,408 75,972 78,669 81,594 83,279 82,438 5,016 4,882 4,365 5,156 7,929 5.9 5.6 4.9 5.6 8.5 55,834 57,091 57,667 58,171 59,377 1976 1977 1978 1979 ............................................................ ............................................................ ............................................................ ............................................................ 158,294 161,166 164,027 166,951 98,302 101,142 104,368 107,050 62.1 62.8 63.6 64.1 96,158 99,009 102,251 104,962 88,752 92,017 96,048 98,824 3,331 3,283 3,387 3,347 85,421 88,734 92,661 95,477 7,406 6,991 6,202 6,137 7.7 7.1 6.1 5.8 59,991 60,025 59,659 59,900 1980 ............................................................ 1981 ............................................................ 169,848 172,272 109,042 110,812 64.2 64.3 106,940 108,670 99,303 100,397 3,364 3,368 95,938 97,030 7,637 8,273 7.1 7.6 60,806 61,460 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 65 MONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Household Data 2. Employment status by sex, age, and race, seasonally adjusted [Numbers in thousands] Annual average 1981 Employment status 1982 1980 1981 May June July Aug. Sept Oct Nov. Dec. Jan. Feb. Mar. Apr. May 169,848 109,042 167,745 106,940 99,303 3,364 95,938 7,637 7.1 60,806 172,272 110,812 170,130 108,670 100,397 3,368 97,030 8,273 7.6 61,460 171,956 111,420 169,829 109,293 101,045 3,405 97,640 8,248 7.5 60,536 172,172 110,565 170,042 108,434 100,430 3,348 97,082 8,004 7.4 61,608 172,385 110,827 170,246 108,688 100,864 3,342 97,522 7,824 7.2 61,558 172,559 110,978 170,399 108,818 100,840 3,404 97,436 7,978 7.3 61,581 172,758 110,659 170,593 108,494 100,258 3,358 96,900 8,236 7.6 62,099 172,966 111,170 170,809 109,012 100,343 3,378 96,965 8,669 8.0 61,797 173,155 111,430 170,996 109,272 100,172 3,372 96,800 9,100 8.3 61,724 173,330 111,348 171,166 109,184 99,613 3,209 96,404 9,571 8.8 61,982 173,495 111,038 171,335 108,879 99,581 3,411 96,170 9,298 8.5 62,456 173,657 111,333 171,489 109,165 99,590 3,373 96,217 9,575 8.8 62,324 173,843 111,521 171,667 109,346 99,492 3,349 96,144 9,854 9.0 62,321 174,020 111,824 171,844 109,648 99,340 3,309 96,032 10,307 9.4 62,197 174,201 112,841 172,026 110,666 100,117 3,488 96,629 10,549 9.5 61,360 71,138 56,455 53,101 2,396 50,706 3,353 5.9 14,683 72,419 57,197 53,582 2,384 51,199 3,615 6.3 15,222 72,251 57,479 53,884 2,390 51,494 3,595 6.3 14,772 72,359 57,094 53,597 2,379 51,218 3,497 6.1 15,265 72,472 57,172 53,874 2,383 51,491 3,298 5.8 15,300 72,559 57,250 53,791 2,422 51,369 3,459 6.0 15,309 72,670 57,262 53,693 2,383 51,310 3,569 6.2 15,408 72,795 57,355 53,504 2,413 51,091 3,851 6.7 15,440 72,921 57,459 53,354 2,382 50,972 4,105 7.1 15,462 73,020 57,665 53,122 2,311 50,811 4,543 7.9 15,355 73,120 57,368 53,047 2,390 50,657 4,322 7.5 15,752 73,209 57,448 53,097 2,386 50,711 4,351 7.6 15,761 73,287 57,554 53,006 2,377 50,629 4,548 7.9 15,733 73,392 57,730 52,988 2,382 50,606 4,742 8.2 15,662 73,499 58,164 53,260 2,464 50,796 4,904 8.4 15,335 80,065 41,106 38,492 584 37,907 2,615 6.4 38,959 81,497 42,485 39,590 604 38,986 2,895 6.8 39,012 81,308 42,608 39,737 605 39,132 2,871 6.7 38,700 81,434 42,581 39,757 585 39,172 2,824 6.6 38,853 81,561 42,682 39,810 590 39,220 2,872 6.7 38,879 81,671 42,666 39,841 609 39,232 2,825 6.6 39,005 81,792 42,344 39,426 608 38,818 2,918 6.9 39,448 81,920 42,831 39,814 596 39,218 3,017 7.0 39,089 82,038 42,987 39,878 635 39,243 3,109 7.2 39,051 82,151 42,888 39,713 572 39,141 3,175 7.4 39,263 82,260 42,868 39,764 649 39,115 3,104 7.2 39,392 82,367 43,031 39,744 628 39,116 3,286 7.6 39,336 82,478 43,243 39,807 636 39,172 3,435 7.9 39,235 82,591 43,301 39,715 601 39,114 c 3,586 8.3 39,290 82,707 43,683 40,075 634 39,441 3,608 8.3 39,024 16,543 9,378 7,710 385 7,325 1,669 17.8 7,165 16,214 8,988 7,225 380 6,845 1,763 19.6 7,226 16,270 9,206 7,424 410 7,014 1,782 19.4 7,064 16,249 8,759 7,076 384 6,692 1,683 19.2 7,490 16,213 8,834 7,180 369 6,811 1,654 18.7 7,379 16,169 8,902 7,208 373 6,835 1,694 19.0 7,267 16,131 8,888 7,139 367 6,772 1,749 19.7 7,243 16,093 8,826 7,025 369 6,656 1,801 20.4 7,267 16,037 8,826 6,940 355 6,585 1,886 21.4 7,211 15,995 8,631 6,778 326 6,452 1,853 21.5 7,364 15,955 8,643 6,771 373 6,398 1,872 21.7 7,312 15,913 8,686 6,748 359 6,389 1,938 22.3 7,227 15,902 8,549 6,679 336 6,343 1,870 21.9 7,353 15,861 8,616 6,637 326 6,311 1,979 23.0 7,245 15,820 8,819 6,782 390 6,392 2,037 23.1 7,001 146,122 93,600 87,715 5,884 6.3 52,522 147,908 95,052 88,709 6,343 6.7 52,856 147,670 95,666 89,237 6,429 6.7 52,004 147,804 94,887 88,799 6,088 6.4 52,917 147,976 95,126 89,170 5,956 6.3 52,850 148,144 95,163 89,221 5,942 6.2 52,981 148,370 94,884 88,628 6,256 6.6 53,486 148,562 95,365 88,734 6,631 7.0 53,197 148,631 95,535 88,498 7,037 7.4 53,096 148,755 95,329 88,010 7,319 7.7 53,426 148,842 95,120 87,955 7,165 7.5 53,722 148,855 95,333 87,990 7,344 7.7 53,522 149,132 95,508 87,956 7,552 7.9 53,624 149,249 96,015 87,988 8,026 8.4 53,234 149,250 96,641 88,450 8,191 8.5 52,609 17,824 10,865 9,313 1,553 14.3 6,959 18,219 11,086 9,355 1,731 15.6 7,133 18,170 11,126 9,460 1,666 15.0 7,044 18,206 11,033 9,310 1,723 15.6 7,173 18,239 10,971 9,338 1,633 14.9 7,268 18266 11,069 9,267 1,802 16.3 7,197 18,297 11,134 9,319 1,815 16.3 7,163 18,333 11,188 9,313 1,875 16.8 7,145 18,362 11,207 9,321 1,886 16.8 7,155 18,392 11,226 9,279 1,947 17.3 7,166 18,423 11,188 9,314 1,874 16.8 7,235 18,450 11,205 9,265 1,939 17.3 7,245 18,480 11,217 9,197 2,020 18.0 7,263 18,511 11,170 9,111 2,058 18.4 7,341 18,542 11,335 9,216 2,120 18.7 7,207 TOTAL Total noninstitutional population' .......................... Total labor force ...................................... Civilian noninstitutional population' ...................... Civilian labor force ................................ Employed ...................................... Agriculture .............................. Nonagricultural Industries ........ Unemployed .................................. Unemployment rate ........................ Not in labor force .................................. Men, 20 years and over Civilian noninstitutional population' ...................... Civilian labor force ...................................... Emoloyed ............................................ Agriculture .................................... Nonagricultural industries ................ Unemployed ........................................ Unemployment rate .............................. Not In labor force ........................................ Women, 20 years and over Civilian noninstitutional population’ ...................... Civilian labor force ...................................... Employed ............................................ Agriculture .................................... Nonagricultural industries ................ Unemployed ........................................ Unemployment rate .............................. Not in labor force ........................................ Both sexes, 16 to 19 years Civilian noninstitutional population’ ...................... Civilian labor force ...................................... Employed ............................................ Agriculture .................................... Nonagricultural industries ................ Unemployed ........................................ Unemployment rate .............................. Not in labor force ........................................ White Civilian noninstitutional population' ...................... Civilian labor force ...................................... Employee ............................................ Unemployed ........................................ Unemployment rate .............................. Not in labor force ........................................ Black Civilian noninstitutional population' ...................... Civilian labor force ...................................... Employed ............................................ Unemployed ........................ Unemployment rate ............................ Not In labor force .................................... ’ As in table 1, population figures are not seasonally adjusted. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 66 c =corrected. 3. Selected employment indicators, seasonally adjusted [ Numbers in thousands] Annual average 1982 1981 Selected categories Dec. Jan. Feb. Mar. Apr. May Oct. Nov. 100,343 57,266 43,077 38,746 23,874 100,172 57,051 43,121 38,553 23,820 99,613 56,725 42,888 38,342 23,691 99,581 56,629 42,952 38,234 23,744 99,590 56,658 42,932 38,255 23,727 99,492 56,472 43,020 38,181 23,900 99,340 56,401 42,940 38,142 23,831 52,908 16,598 11,533 6,441 18,336 31,266 12,514 10,524 3,506 4,722 13,391 2,743 53,199 16,681 11,616 6,400 18,502 30,953 12,446 10,410 3,580 4,517 13,525 2,770 53,086 16,657 11,461 6,418 18,550 30,683 12,411 10,220 3,438 4,614 13,670 2,802 53,084 16,774 11,424 6,450 18,436 30,344 12,446 10,169 3,368 4,361 13,639 2,660 52,836 16,803 11,091 6,520 18,423 30,203 12,370 9,966 3,415 4,451 13,709 2,817 52,841 16,612 11,253 6,544 18,432 30,309 12,454 9,955 3,503 4,397 13,612 2,787 52,763 16,659 11,311 6,637 18,155 30,416 12,511 9,860 3,397 4,648 13,526 2,710 53,177 16,844 11,501 6,603 18,229 29,924 12,492 9,688 3,400 4,343 13,555 2,623 . 1,501 1,638 256 1,461 1,643 256 1,502 1,631 261 1,436 1,641 321 1,352 1,602 228 1,377 1,674 380 1,426 1,596 359 1,416 1,644 277 1,423 1,664 270 1,541 1,698 236 89,971 15,637 74,334 1,216 73,118 7,071 389 89,995 15,526 74,469 1,259 73,210 7,103 387 89,376 15,475 73,901 1,102 72,799 7,217 399 89,460 15,491 73,969 1,162 72,807 7,152 451 89,238 15,397 73,841 1,204 72,637 7,141 425 88,991 15,585 73,406 1,291 72,115 7,057 410 88,759 15,578 73,181 1,248 71,932 6,971 410 88,586 15,527 73,059 1,161 71,898 7,055 408 88,526 15,492 73,034 1,225 71,809 7,126 434 88,322 15,453 72,869 1,192 71,677 7,264 413 89,051 15,422 73,629 1,202 72,427 7,269 382 92,532 75,620 4,374 1,680 2,694 12,538 91,569 74,467 4,350 1,729 2,621 12,752 90,878 73,794 4,656 1,759 2,897 12,428 91,384 73,886 5,009 2,006 3,003 12,489 91,323 73,915 5,026 1,945 3,081 12,382 90,922 73,360 5,288 2,121 3,167 12,274 90,125 72,803 5,071 1,783 3,287 12,251 90,892 73,028 5,563 2,193 3,370 12,300 90,548 72,649 5,717 2,237 3,480 12,183 90,596 72,335 5,834 2,223 3,611 12,427 91,282 73,036 5,763 2,211 3,552 12,483 Aug. 1980 1981 May June July 99,303 57,186 42,117 39,004 23,532 100,397 57,397 43,000 38,882 23,915 101,045 57,793 43,252 39,120 24,192 100,430 57,279 43,151 38,930 24,106 100,864 57,640 43,224 38,961 24,159 51,882 15,968 11,138 6,303 18,473 31,452 12,787 10,565 3,531 4,567 13,228 2,741 52,949 16,420 11,540 6,425 18,564 31,261 12,662 10,540 3,476 4,583 13,438 2,749 53,016 16,093 11,488 6,562 18,873 31,796 12,911 10,716 3,466 4,703 13,470 2,748 52,957 16,410 11,411 6,513 18,623 31,538 12,749 10,703 3,493 4,593 13,214 2,710 52,907 16,364 11,578 6,373 18,592 31,580 12,787 10,719 3,526 4,548 13,526 2,727 53,141 16,621 11,460 6,490 18,570 31,611 12,724 10,658 3,530 4,699 13,282 2,753 1,425 1,642 297 1,464 1,638 266 1,499 1,654 235 1,437 1,664 263 1,495 1,593 244 88,525 15,912 72,612 1,192 71,420 7,000 413 89,543 15,689 73,853 1,208 72,645 7,097 390 90,402 15,776 74,626 1,192 73,434 6,966 356 89,508 15,707 73,801 1,177 72,624 7,128 376 90,209 73,590 4,064 1,714 2,350 12,555 91,377 74,339 4,499 1,738 2,761 12,539 91,745 74,871 4,264 1,657 2,607 12,610 91,500 74,693 4,033 1,465 2,568 12,774 Sept. CHARACTERISTIC Total employed, 16 years and over ...................... Married men, spouse present ........................ Married women, spouse present.................... 100,840 100,258 57,551 57,471 43,289 42,787 38,961 38,855 24,043 23,626 100,117 56,820 43,297 38,312 24,213 OCCUPATION Professional and technical ............................ Managers and administrators, except farm . . . . Salesworkers................................................ Clerical workers............................................ Blue-collar workers.............................................. Craft and kindred workers ............................ Operatives, except transport.......................... Transport equipment operatives .................... Nonfarm laborers.......................................... Service workers.................................................. Farmworkers ...................................................... 53,705 16,818 11,541 6,587 18,759 29,926 12,316 9,585 3,419 4,607 13,738 2,731 MAJOR INDUSTRY AND CLASS OF WORKER Agriculture: Wage and salary workers.............................. Self-employed workers.................................. Unpaid family workers .................................. Nonagricultural industries: Wage and salary workers.............................. Private industries.................................... Private households .......................... Other industries .............................. Self-employed workers.................................. Unpaid family workers .................................. PERSONS AT WORK ’ Nonagricultural industries .................................... Full-time schedules ...................................... Part time for economic reasons...................... Usually work part tim e............................ Part time for noneconomic reasons................ 'Excludes persons “with a job but not at work” during the survey period for such reasons as vacation, illness, or industrial disputes. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 67 M ONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Household Data 4. Selected unemployment indicators, seasonally adjusted [Unemployment rates] Annual average 1981 1982 Selected categories 1980 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Total, 16 years and over...................................... Men, 20 years and over ................................ Women, 20 years and over............................ Both sexes, 16 to 19 years............................ 7.1 5.9 6.4 17.8 7.6 6.3 6.8 19.6 7.5 6.3 6.7 19.4 7.4 6.1 6.6 19.2 7.2 5.8 6.7 18.7 7.3 6.0 6.6 19.0 7.6 6.2 6.9 19.7 8.0 6.7 7.0 20.4 8.3 7.1 7.2 21.4 8.8 7.9 7.4 21.5 8.5 7.5 7.2 21.7 8.8 7.6 7.6 22.3 9.0 7.9 7.9 21.9 9.4 8.2 8.3 23.0 9.5 8.4 8.3 23.1 White, total .................................................. Men, 20 years and over.......................... Women, 20 years and over .................... Both sexes, 16 to 19 years .................... 6.3 5.3 5.6 15.5 6.7 5.6 5.9 17.3 6.7 5.6 5.9 17.5 6.4 5.3 5.7 16.8 6.3 5.0 5.8 16.4 6.2 5.2 5.5 16.1 6.6 5.5 5.9 17.2 7,0 5.9 6.1 17.7 7.4 6.4 6.3 19.0 7.7 6.9 6.4 19.0 7.5 6.6 6.3 19.6 7.7 6.7 6.6 20.0 7.9 7.0 6.9 19.0 8.4 7.3 7.2 20.8 8.5 7.5 7.3 20.3 Black, total .................................................. Men, 20 years and over.......................... Women, 20 years and over .................... Both sexes, 16 to 19 years .................... 14.3 12.4 11.9 38.5 15.6 13.5 13.4 41.4 15.0 13.0 13.1 36.9 15.6 13.7 13.3 40.9 14.9 12.7 13.1 40.0 16.3 13.6 13.8 49.0 16.3 14.5 14.0 40.8 16.8 14.7 13.9 45.6 16.8 15.5 13.6 44.1 17.3 16.5 14.1 42.2 16.8 16.3 13.3 41.2 17.3 16.0 14.5 42.3 18.0 16.0 15.4 46.0 18.4 16.9 15.6 48.1 18.7 17.0 15.3 49.8 Married men, spouse present ........................ Married women, spouse present.................... Women who maintain families........................ Full-time workers.......................................... Part-time workers.......................................... Unemployed 15 weeks and over.................... Labor force time lo s t'.................................... 4.2 5.8 9.2 6.9 8.8 1.7 7.9 4.3 6.0 10.4 7.3 9.4 2.1 8.5 4.0 5.8 10.4 7.1 9.6 2.0 8.6 4.2 5.7 10.7 7.1 9.2 2.2 7.9 3.9 5.7 11.2 6.8 9.3 2.0 7.9 4.0 5.5 10.1 6.9 9.6 2.0 7.9 4.4 6.0 10.7 7.3 9.6 2.1 8.5 4.8 6.1 10.6 7.7 9.5 2.1 9.1 5.2 6.5 10.8 8.1 10.2 2.2 9.5 5.7 6.6 10.5 8.7 9.2 2.2 10.1 5.3 6.2 10.4 8.4 9.6 2.2 10.0 5.3 7.0 10.2 8.5 10.8 2.5 9.8 5.5 7.1 10.6 8.9 10.0 2.7 10.4 6.0 7.8 11.5 9.2 10.9 2.7 10.4 6.1 7.4 11.8 9.2 10.5 3.0 11.1 3.7 2.5 2.4 4.4 5.3 10.0 6.6 12.2 8.8 14.6 7.9 4.6 4.0 2.8 2.7 4.6 5.7 10.3 7.5 12.2 8.7 14.7 8.9 5.3 4.0 2.8 2.6 4.6 5.6 9.9 7.2 11.8 8.2 13.5 9.4 5.2 3.9 2.8 2.7 4.3 5.4 9.8 7.1 11.1 8.1 14.7 8.9 6.2 4.0 2.8 2.6 4.9 5.7 9.5 6.9 11.1 7.3 14.4 8.0 4.8 3.9 2.5 2.7 4.7 5.7 9.5 7.0 11.1 8.0 13.2 8.9 5.4 4.1 2.8 2.7 5.0 5.8 10.2 7.7 11.6 8.7 14.6 9.0 4.0 4.1 2.6 2.8 4.9 6.0 10.9 8.3 12.8 8.0 15.6 9.3 6.2 4.2 2.7 3.0 5.0 6.0 11.8 8.5 14.1 10.4 16.0 9.7 6.2 4.5 3.4 3.1 4.9 6.2 12.7 9.3 15.5 10.5 16.9 9.6 6.4 4.2 2.9 2.7 4.5 6.3 12.5 9.0 15.4 10.2 16.9 9.2 6.9 4.6 3.1 3.1 4.8 6.7 12.5 8.4 15.4 10.3 17.9 9.8 4.9 4.8 3.2 3.0 5.8 6.9 12.9 9.1 15.9 10.4 17.9 10.2 5.4 4.9 3.2 3.3 5.6 7.2 13.7 9.6 16.9 10.7 19.2 11.1 5.8 4.8 3.3 3.5 5.2 6.8 13.5 9.4 16.5 11.8 18.3 11.3 8.3 7.4 14.1 8.5 8.9 7.9 4.9 7.4 5.3 4.1 11.0 7.7 15.6 8.3 8.2 8.4 5.2 8.1 5.9 4.7 12.1 7.7 15.7 7.8 7.4 8.6 5.7 8.3 5.8 4.7 11.0 7.4 16.1 7.4 7.1 7.9 4.9 7.7 5.8 4.6 13.3 7.2 15.2 7.3 7.1 7.6 4.1 7.9 5.7 4.6 10.7 7.3 16.2 7.0 6.5 7.9 4.8 7.9 5.7 4.5 12.0 7.7 16.3 7.9 7.7 8.3 4.2 8.5 6.0 4.7 11.0 8.1 17.6 8.6 8.6 8.6 4.8 8.4 6.2 4.7 13.4 8.4 178 9.4 9.5 9.3 5.5 8.6 6.1 5.2 14.1 9.1 18.1 11.0 11.8 9.6 6.0 8.9 6.4 5.0 14.8 8.8 18.7 10.4 11.0 9.5 6.4 8.7 5.9 4.8 16.2 9.0 18.1 10.6 11.3 9.5 5.9 9.0 6.5 5.2 12.8 9.5 17.9 10.8 10.8 10.8 5.6 10.3 6.9 4.9 14.0 9.9 19.4 11.3 11.9 10.5 7.0 10.1 7.0 5.3 14.6 9.9 18.8 11.6 12.2 10.7 6.5 10.6 6.9 5.0 18.2 CHARACTERISTIC OCCUPATION White-collar workers............................................ Professional and technical ............................ Managers and administrators, except farm . . . . Salesworkers................................................ Clerical workers............................................ Blue-collar workers.............................................. Craft and kindred workers ............................ Operatives, except transport.......................... Transport equipment operatives .................... Nonfarm laborers.......................................... Service workers.................................................. Farmworkers ...................................................... INDUSTRY Nonagricultural private wage and salary workers2 . Construction ................................................ Manufacturing .............................................. Durable goods ...................................... Nondurable goods.................................. Transportation and public utilities.................... Wholesale and retail trade ............................ Finance and service industries........................ Government workers .......................................... Agricultural wage and salary workers.................... 1Aggregate hours lost by the unemployed and persons on part time for economic reasons as a percent of potentially available labor force hours. 68FRASER Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2Includes mining, not shown separately, 5. Unemployment rates, by sex and age, seasonally adjusted Sex and age Annual average 1981 1980 1981 Total, 16 years and over........ 16 to 19 years................ 16 to 17 years.......... 18 to 19 years.......... 20 to 24 years................ 25 years and over .......... 25 to 54 years.......... 55 years and over . . . 7.1 17.8 20.0 16.2 11.5 5.1 5.5 3.3 7.6 19.6 21.4 18.4 12.3 5.4 5.8 3.6 7.5 19.4 21.3 17.7 12.6 5.2 5.6 3.4 7.4 19.2 22.6 17.5 12.1 5.3 5.6 3.5 7.2 18.7 19.8 17.8 11.5 5.2 5.5 3.5 Men, 16 years and over .. 16 to 19 years.......... 16 to 17 years .. 18 to 19 years .. 20 to 24 years.......... 25 years and over . . . 25 to 54 years . . 55 years and over 6.9 18.3 20.4 16.7 12.5 4.8 5.1 3.3 7.4 20.1 22.0 18.8 13.2 5.1 5.5 3.5 7.3 20.0 22.3 18.0 13.8 4.7 5.1 3.4 7.2 20.0 24.0 18.2 12.9 5.0 5.2 3.4 Women, 16 years and over 16 to 19 years.......... 16 to 17 years .. 18 to 19 years .. 20 to 24 years.......... 25 years and over . . . 25 to 54 years .. 55 years and over 7.4 17.2 19.6 15.6 10.4 5.5 6.0 3.2 7.9 19.0 20.7 17.9 11.2 5.9 6.3 3.8 7.8 18.7 20.2 17.4 11.2 5.8 6.4 3.4 7.7 18.4 21.1 16.8 11.2 5.7 6.1 3.5 6. May June July Aug. Sept. Oct. Nov. Dec. 7.3 19.0 20.8 17.6 12.1 5.2 5.5 3.5 7.6 19.7 21.4 18.5 12.3 5.4 5.8 3.8 8.0 20,4 21.5 20.0 12.7 5.7 6.2 3.8 8.3 21.4 22.6 20.5 13.0 6.0 6.5 3.8 8.8 21.5 21.9 21.2 13.5 6.5 6.9 4.1 6.7 18.8 19.9 17.9 11.6 4.7 5.0 3.4 7.1 19.8 21.5 18.3 12.9 4.9 5.2 3.4 7.3 19.9 21.5 18.7 13.1 5.0 5.5 3.5 7.7 20.1 21.1 19.3 13.8 5.5 5.9 3.7 8.3 21.8 22.7 21.0 14.4 5.8 6.3 3.7 9.0 22.3 22.6 22.2 14.8 6.5 6.9 4.4 7.8 18.6 19.7 17.7 11.3 5.8 6.1 3.7 7.7 18.2 20.0 16.9 11.1 5.6 6.0 3.7 8.0 19.5 21.2 18.3 11.4 6.0 6.3 4.3 8.2 20.7 21.9 20.6 11.5 6.1 6.5 4.0 8.4 20.9 22.5 19.9 11.3 6.4 6.8 3.8 8.5 20.5 21.1 20.0 12.0 6.4 6.9 3.7 Apr. May Unemployed persons, by reason for unemployment, seasonally adjusted [Numbers in thousands] 1981 Reason for unemployment 1982 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 4,032 1,357 2,675 1,004 2,106 956 4,173 1,302 2,871 896 2,039 973 3,867 1,225 2,642 926 2,078 940 4,106 1,276 2,830 879 2,034 971 4,426 1,452 2,974 921 2,058 977 4,573 1,631 2,942 976 2,178 1,002 4,905 1,826 3,079 916 2,339 996 5,343 2,042 3,301 923 2,244 1,021 5,205 1,860 3,345 835 2,079 1,055 5,153 1,740 3,413 964 2,277 1,100 5,622 1,828 3,794 885 2,249 1,044 5,906 1,946 3,959 937 2,365 1,081 5,901 1,969 3,932 874 2,438 1,154 100.0 498 16.8 33.0 12.4 26.0 11.8 100.0 51.6 16.1 35.5 11.1 25.2 12.0 100.0 49.5 15.7 33.8 11.9 26.6 12.0 100.0 51.4 16.0 35.4 11.0 25.5 12.2 100.0 52.8 17.3 35.5 11.0 24.6 11.7 100.0 52.4 18.7 33.7 11.2 25.0 11.5 100.0 53.6 19.9 33.6 10.0 25.5 10.9 100.0 56.1 21.4 34.6 9.7 23.5 10.7 100.0 56.7 20.3 36.5 9.1 22.7 11.5 100.0 54.3 18.3 35.9 10.2 24.0 11.6 100.0 57.4 18.7 38.7 9.0 22.9 10.7 100.0 57.4 18.9 38.5 9.1 23.0 10.5 100.0 56.9 190 37.9 8.4 23.5 11.1 3.7 .9 1.9 .9 3.8 .8 1.9 .9 3.6 .9 1.9 .9 3.8 .8 1.9 9 4.1 .8 1.9 .9 4.2 .9 2.0 .9 4.5 .8 2.1 .9 4.9 .8 2.1 .9 4.8 .8 1.9 1.0 4.7 ,9 2.1 1.0 5.1 8 2.1 1.0 5.4 9 22 1.0 53 8 22 1.0 NUMBER OF UNEMPLOYED Lost last jo b ........................................ On layoff............................ Other job losers.......................... Left last job .......................... Reentered labor force.................... PERCENT DISTRIBUTION Total unemployed...................... On layoff................................ Other job losers...................... Job leavers .............................. Reentrants............................ New entrants .......................... UNEMPLOYED AS A PERCENT OF THE CIVILIAN LABOR FORCE Job losers ...................... Job leavers ...................... Reentrants........................ New entrants ........................ 7. Duration of unemployment, seasonally adjusted [Numbers In thousands] Weeks of unemployment Less than 5 weeks................................ 5 to 14 weeks .................. 15 weeks and over.................................. 15 to 26 weeks ................................ 27 weeks and over.................................... Average (mean) duration, in weeks ................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Annual average 1981 1982 1980 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 3,295 2,470 1,871 1,052 820 11.9 3,449 2,539 2,285 1,122 1,162 13.7 3,378 2,606 2,231 1,061 1,170 13.3 3,303 2,423 2,363 1,227 1,136 14.3 3,323 2,312 2,170 1,096 1,074 14.1 3,326 2,469 2,217 1,078 1,139 14.3 3,529 2,585 2,248 1,146 1,102 13.7 3,707 2,686 2,292 1,166 1,126 13.6 3,852 2,882 2,364 1,229 1,135 13.1 4,037 3,016 2,372 1,189 1,183 12.8 3,852 3,068 2,399 1,210 1,190 13.5 3,789 3,052 2,724 1,445 1,278 14.1 3,825 3,078 2,954 1,605 1,349 13.9 3,958 3,304 3,015 1,508 1,507 14.2 3,874 3,320 3,286 1,634 1,652 14.6 69 EM PLOYM ENT, HOURS, AND EARNINGS DATA FRO M ESTABLISHM ENT SURVEYS E m p l o y m e n t , h o u r s , a n d e a r n i n g s d a t a in th is se c tio n are c o m p ile d fro m p a y ro ll record s rep orted m o n th ly on a v o lu n ta ry b a sis to th e B ureau o f L ab or S ta tistic s an d its c o o p e r a t in g S ta te a g en cies b y 1 7 7 ,0 0 0 e sta b lish m e n ts rep resen tin g all in d u stries e x ce p t agricu ltu re. In m o st in d u stries, th e sa m p lin g p ro b a b ilities are b a sed o n th e size o f th e e sta b lish m en t; m o st la rg e esta b lish m e n ts are th erefore in th e sa m p le. (A n e sta b lish m e n t is n o t n ecessa rily a firm; it m a y be a b ran ch p la n t, payments. Real earnings are earnings adjusted to eliminate the effects of price change, using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). The H ou rly Earnings Index is calculated from average hourly earnings data adjusted to exclude the effects of two types of changes that are unrelated to underlying wage-rate developments: fluctuations in overtime premiums in manu facturing (the only sector for which overtime data are available) and the effects of changes and seasonal factors in the proportion of work ers in high-wage and low-wage industries. for ex a m p le, or w a reh o u se.) S e lf-em p lo y e d p erso n s a n d o th ers n o t o n a regu lar civ ilia n p a y ro ll are o u ts id e th e sc o p e o f th e su rv ey b e ca u se th ey are e x clu d ed from e sta b lish m e n t record s. T h is la rg ely a c c o u n ts for th e d ifferen ce in e m p lo y m e n t figures b etw een th e h o u se h o ld a n d e sta b lish m e n t su rveys. Definitions Notes on the data Employed persons are all persons who received pay (including holi day and sick pay) 12th of the month. cent of all persons ment which reports for any part of the payroll period including the Persons holding more than one job (about 5 per in the labor force) are counted in each establish them. Production workers in manufacturing include blue-collar worker supervisors and all nonsupervisory workers closely associated with production operations. Those workers mentioned in tables 12-17 in clude production workers in manufacturing and mining; construction workers in construction; and nonsupervisory workers in transporta tion and public utilities; in wholesale and retail trade; in finance, in surance, and real estate; and in services industries. These groups account for about four-fifths of the total employment on private nonagricultural payrolls. Earnings are the payments production or nonsupervisory workers receive during the survey period, including premium pay for overtime or late-shift work but excluding irregular bonuses and other special 70 Hours represent the average weekly hours of production or nonsupervisory workers for which pay was received and are different from standard or scheduled hours. Overtime hours represent the por tion of gross average weekly hours which were in excess of regular hours and for which overtime premiums were paid. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Establishment data collected by the Bureau of Labor Statistics are periodically adjusted to comprehensive counts of employment (called “benchmarks”). The latest complete adjustment was made with the re lease of May 1982 data, published in the July 1982 issue of the Review. Consequently, data published in the R eview prior to that issue are not necessarily comparable to current data. Complete comparable histori cal unadjusted and seasonally adjusted data are published in a Supple ment to Employment and Earnings (unadjusted data from April 1977 through February 1982 and seasonally adjusted data from January 1974 through February 1982) and in E m p lo ym en t a n d Earnings, U nit e d States, 1 9 09-78, BLS Bulletin 1312-11 (for prior periods). A comprehensive discussion of the differences between household and establishment data on employment appears in Gloria P. Green, “Comparing employment estimates from household and payroll sur veys,” M o n th ly L a b o r Review, December 1969, pp. 9-20. See also B L S H a n dbook o f M eth ods f o r S u rveys a n d Studies, Bulletin 1910 (Bureau of Labor Statistics, 1976). 8. Employment by industry, selected years, 1950-81 [Nonagricultural payroll data, In thousands] Year Total Mining Government Construc tion Manufac turing Trans portation and public utilities Whole sale and retail trade Wholesale trade Retail trade Finance, insur ance, and real estate Services Total Federal State and local 1950 .......................................................... 1955 .......................................................... I960’ ........................................................ 1964 .......................................................... 1965 .......................................................... 45,197 50,641 54,189 58,283 60,765 901 792 712 634 632 2,364 2,839 2,926 3,097 3,232 15,241 16,882 16,796 17,274 18,062 4,034 4,141 4,004 3,951 4,036 9,386 10,535 11,391 12,160 12,716 2,635 2,926 3,143 3,337 3,466 6,751 7,610 8,248 8,823 9,250 1,888 2,298 2,629 2,911 2,977 5,357 6,240 7,378 8,660 9,036 6,026 6,914 8,353 9,596 10,074 1,928 2,187 2,270 2,348 2,378 4,098 4,727 6,083 7,248 7,696 1966 1967 1968 1969 1970 .......................................................... .......................................................... .......................................................... .......................................................... .......................................................... 63,901 65,803 67,897 70,384 70,880 627 613 606 619 623 3,317 3,248 3,350 3,575 3,588 19,214 19,447 19,781 20,167 19,367 4,158 4,268 4,318 4,442 4,515 13,245 13,606 14,099 14,705 15,040 3,597 3,689 3,779 3,907 3,993 9,648 9,917 10,320 10,798 11,047 3,058 3,185 3,337 3,512 3,645 9,498 10,045 10,567 11,169 11,548 10,784 11,391 11,839 12,195 12,554 2,564 2,719 2,737 2,758 2,731 8,220 8,672 9,102 9,437 9,823 1971 1972 1973 1974 1975 .......................................................... .......................................................... .......................................................... .......................................................... .......................................................... 71,214 73,675 76,790 78,265 76,945 609 628 642 697 752 3,704 3,889 4,097 4,020 3,525 18,623 19,151 20,154 20,077 18,323 4,476 4,541 4,656 4,725 4,542 15,352 15,949 16,607 16,987 17,060 4,001 4,113 4,277 4,433 4,415 11,351 11,836 12,329 12,554 12,645 3,772 3,908 4,046 4,148 4,165 11,797 12,276 12,857 13,441 13,892 12,881 13,334 13,732 14,170 14,686 2,696 2,684 2,663 2,724 2,748 10,185 10,649 11,068 11,446 11,937 1976 .......................................................... 1977 .......................................................... 1978 .......................................................... 1979 .......................................................... 1980' ....................................................... 79,382 82,471 86,697 89,823 90,406 779 813 851 958 1,027 3,576 3,851 4,229 4,463 4,346 18,997 19,682 20,505 21,040 20,285 4,582 4,713 4,923 5,136 5,146 17,755 18,516 19,542 20,192 20,310 4,546 4,708 4,969 5,204 5,275 13,209 13,808 14,573 14,989 15,035 4,271 4,467 4,724 4,975 5,160 14,551 15,303 16,252 17,112 17,890 14,871 15,127 15,672 15,947 16,241 2,733 2,727 2,753 2,773 2,866 12,138 12,399 12,919 13,147 13,375 1 9 8 1 '....................................................... 91,105 1,132 4,176 20,173 5,157 20,551 5,359 15,192 5,301 18,592 16,024 2,772 13,253 'Data Include Alaska and Hawaii beginning In 1959. 9. r=revised. Employment by State [Nonagricultural payroll data, in thousands] Apr. 1982" State Apr. 1981 Mar. 1982 Apr. 1982'’ State Apr. 1981 Mar. 1982 Alabama ...................................................................... Alaska.......................................................................... Arizona ........................................................................ Arkansas ...................................................................... California...................................................................... 1,346.3 171.0 1,045.6 746.0 9,991.8 1,332.6 176.8 1,050.1 722.0 10,034.7 1,337.5 180.5 1,048.7 726.0 10,020.2 Montana.................................................................. Nebraska ................................................................ Nevada .................................................................. New Hampshire ...................................................... New Jersey ............................................................ 281.0 623.8 408.2 387.3 3,072.4 288.5 609.7 412.9 386.8 3,037.6 290.7 611.4 414.4 389.0 3,046.6 Colorado ...................................................................... Connecticut .................................................................. Delaware...................................................................... District of Columbia........................................................ Florida.......................................................................... 1,273.0 1,439.4 259.1 612.2 3,735.4 1,284.5 1,413.9 253.7 600.9 3,828.9 1,288.1 1,417.7 256.0 602.0 3,809.9 New Mexico............................................................ New York................................................................ North Carolina ........................................................ North Dakota .......................................................... Ohio ...................................................................... 475.0 7,259.0 2,395.4 244.9 4,326.0 472.7 7,229.3 2,343.1 245.5 4,192.5 474.9 7,248.0 2,352.8 247.6 4,220.2 Georgia ........................................................................ Hawaii.......................................................................... Idaho............................................................................ Illinois .......................................................................... Indiana.......................................................................... 2,191.2 406.7 326.5 4,720.9 2,122.7 2,159.7 403.1 314.6 4,618.3 2,025.9 2,164.2 403.1 315.7 4,624.6 2,032.5 Oklahoma .............................................................. Oregon .................................................................. Pennsylvania .......................................................... Rhode Island .......................................................... South Carolina........................................................ 1,186.5 1,021.7 4,731.5 400.0 1,204.6 1,213.8 971.3 4,577.9 386.9 1,180.8 1,216.9 970.7 4,589.1 387.2 1,189.1 Iowa ............................................................................ Kansas ........................................................................ Kentucky ...................................................................... Louisiana...................................................................... Maine .......................................................................... 1,106.7 954.7 1,196.6 1,614.0 412.0 1,044.8 939.8 1,164.7 1,630.6 398.9 1,059.4 939.8 1,167.7 1,628.3 403.0 South Dakota.......................................................... Tennessee .............................................................. Texas .................................................................... Utah ...................................................................... Vermont.................................................................. 235.5 1,751.5 6,086.8 550.7 200.2 229.5 1,720.0 6,298.1 560.3 200.3 231.5 1,720.8 6,307.5 560.6 197.2 Maryland ...................................................................... Massachusetts.............................................................. Michigan ...................................................................... Minnesota .................................................................... Mississippi .................................................................... Missouri........................................................................ 1,723.1 2,669.2 3,389.4 1,760.3 824.5 1,978.4 1,663.7 2,606.3 3,223.8 1,711.0 809.4 1,940.6 1,683.5 2,625.1 3,205.3 1,724.8 808.6 1,958.9 Virginia.................................................................... Washington ............................................................ West Virginia .......................................................... Wisconsin................................................................ Wyoming ................................................................ 2,146.2 1,605.6 585.0 1,908.8 209.9 2,144.8 1,550.7 609.5 1,857.0 210.7 2,155.0 1,553.3 606.6 1,856.2 213.3 Virgin Islands .......................................................... 37.9 36.6 35.9 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 71 MONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Establishment Data 10. Employment by industry division and major manufacturing group [Nonagricultural payroll data, in thousands] Annual average 1981 1982 Industry division and group TOTAL ........................................................ MINING .......................................... CONSTRUCTION .................................... 1980 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr.p Mayp 90,406 91,105 91,432 92,056 91,107 91,087 91,620 91,884 91,765 91,437 89,269 89,413 89,679 89,897 90,259 1,027 1,132 986 1,159 1,184 1,200 1,201 1,196 1,203 1,200 1,183 1,180 1,178 1,171 1,159 4,009 3,576 3,559 3,631 3,750 3,907 19,059 12,961 19,049 12,966 4,346 4,176 4,235 4,350 4,415 4,431 4,366 4,340 4,221 MANUFACTURING...................................... Production workers.................................. 20,285 14,214 20,173 14,021 20,262 14,141 20,445 14,267 20,246 14,043 20,370 14,153 20,499 14,304 20,271 14,079 20,025 13,834 19,705 13,515 19,353 13,200 19,299 13,168 19,207 13,093 Durable goods Production workers.................................. 12,187 8,442 12,117 8,301 12,220 8,426 12,317 8,486 12,179 8,330 12,164 8,302 12,272 8,423 12,144 8,297 11,979 8,135 11,762 7,922 11,557 7,739 11,503 7,705 11,454 7,664 11,341 7,561 11,323 7,549 Lumber and wood products ............................ Furniture and fixtures...................................... Stone, clay, and glass products ...................... Primary metal industries.................................. Fabricated metal products .............................. Machinery, except electrical............................ Electric and electronic equipment.................... Transportation equipment................................ Instruments and related products .................... Miscellaneous manufacturing .......................... 690.5 465.8 662.1 1,142.2 1,613.1 2,494.0 2,090.6 1,899.7 711.3 418.0 668.7 467.3 638.2 1,121.1 1,592.4 2,507.0 2,092.2 1,892.6 726.8 410.7 692.6 469.5 647.9 1,140.0 1,605.6 2,501.3 2,093.1 1,936.8 723.8 409.3 699.4 470.9 658.2 1,148.1 1,616.6 2,524.9 2,109.5 1,942.6 732.3 414.9 696.9 462.3 654.2 1,128.4 1,593.6 2,512.2 2,096.0 1,897.0 731.2 407.5 691.2 470.6 656.3 1,132.6 1,599.9 2,507.1 2,102.5 1,850.8 735.8 417.0 680.9 474.9 652.0 1,131.7 1,615.8 2,536.2 2,120.0 1,904.5 732.6 423.8 654.5 473.9 639.8 1,102.2 1,591.8 2,525.1 2,113.3 1,888.9 729.6 425.0 629.1 467.4 628.5 1,081.0 1,570.4 2,510.0 2,086.8 1,857.0 727.6 421.5 606.4 461.9 606.9 1,051.5 1,539.3 2,494.7 2,061.4 1,806.3 726.5 406.8 587.1 454.2 576.0 1,034.9 1,508.7 2,464.8 2,056.6 1,766.0 719.0 389.8 5929 450.8 571.5 1,018.4 1,500.3 2,458.5 2,045.2 1,758.5 715.3 391.3 592.0 446.3 574.2 1,004.4 1,491.3 2,428.8 2,034.2 1,776.2 713.8 392.3 602.2 443.9 580.2 977.9 1,474.5 2,383.3 2,030.0 1,749.1 711.3 388.9 614.1 440.7 587.8 960.6 1,464.3 2,360.6 2,030.8 1,765.6 711.4 386.7 Nondurable goods .......................................... Production workers.................................. 8,098 5,772 8,056 5,721 8,042 5,715 8,128 5,781 8,067 5,713 8,206 5,851 8,227 5,881 8,127 5,782 8,046 5,699 7,943 5,593 7,796 5,461 7,796 5,463 7,753 5,429 7,718 5,400 7,726 5,417 Food and kindred products.............................. Tobacco manufactures .................................. Textile mill products........................................ Apparel and other textile products .................. Paper and allied products .............................. Printing and publishing.................................... Chemicals and allied products ........................ Petroleum and coal products .......................... Rubber and miscellaneous plastics products . . . Leather and leather products .......................... 1,708.0 68.9 847.7 1,263.5 692.8 1,252.1 1,107.4 197.9 726.8 232.9 1,674.3 69.8 822.5 1,244.0 687.8 1,265.8 1,107.3 215.6 736.1 233.0 1,638.4 64.2 827.6 1,256.6 689.0 1,259.9 1,110.1 217.5 741.1 237.2 1,663.9 65.5 834.1 1,271.8 696.5 1,264.0 1,121.6 220.0 750.9 240.1 1,703.0 65.3 819.6 1,218.2 691.8 1,264.0 1,116.7 221.1 738.8 228.4 1,759.6 73.8 829.7 1,260.3 695.5 1,265.9 1,112.0 220.7 749.2 239.1 1,763.2 75.7 831.9 1,270.5 697.1 1,270.0 1,110.1 218.0 752.9 237.4 1,719.4 75.0 816.4 1,257.9 686.4 1,274.5 1,104.4 216.8 740.0 235.8 1,680,8 73.1 809.1 1,243.5 681.1 1,279.4 1,100.1 215.9 730.5 232.4 1,649.1 71.7 798.2 1,210.5 676.0 1,286.3 1,096.9 212.5 718.3 223.5 1,605.0 70.5 777.6 1,175.8 669.3 1,273.8 1,089.0 204.7 710.8 219.0 1,604.7 67.5 776.6 1,194.4 665.8 1,276.9 1,087.5 203.2 706.5 212.5 1,597.9 64.2 760.0 1,184.5 665.1 1,279.1 1,087.1 203.7 699.8 211.6 1,578.6 61.9 771.8 1,168.4 663.1 1,274.9 1,081.2 203.3 701.5 213.4 1,603.0 60.9 754.4 1,169.1 660.7 1,270.8 1,079.1 208.5 702.3 217.0 TRANSPORTATION AND PUBLIC UTILITIES WHOLESALE AND RETAIL TRADE...................... 5,146 5,157 5,151 5,199 5,181 5,180 5,227 5,208 5,188 5,157 5,065 5,051 5,049 5,053 5,059 20,310 20,551 20,520 20,671 20,600 20,664 20,731 20,731 20,883 21,170 20,417 20,258 20,306 20,445 20,603 WHOLESALE TRADE .......................................... 5,275 5,359 5,351 5,397 5,391 5,402 5,388 5,400 5,398 5,372 5,314 5,303 5,309 5,304 5,314 RETAIL TRADE.................................................... 15,035 15,192 15,169 15,274 15,209 15,262 15,343 15,331 15,485 15,798 15,103 14,955 14,997 15,141 15,289 FINANCE, INSURANCE, AND REAL ESTATE . . . . 5,160 5,301 5,296 5,353 5,376 5,374 5,327 5,314 5,308 5,313 5,290 5,285 5,304 5,312 5,327 SERVICES .......................................................... 17,890 18,592 18,594 18,711 18,771 18,771 18,740 18,824 18,800 18,775 18,523 18,696 18,828 18,962 18,996 GOVERNMENT .................................................... Federal.......................................................... State and local .............................................. 16,241 2,866 13,375 16,024 2,772 13,253 16,388 2,782 13,606 16,168 2,825 13,343 15,334 2,833 12,501 15,097 2,803 12,294 15,529 2,735 12,794 16,000 2,737 13,263 16,137 2,729 13,408 16,108 2,729 13,379 15,862 2,717 13,145 16,085 2,723 13,362 16,176 2,725 13,451 16,145 2,730 13,415 16,159 2,733 13,426 Note: In accordance with usual practice, BLS has revised establishment survey data to reflect a new benchmark and updated seasonal adjustment factors. Because of these revisions, establishment data in 72 FRASER Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis this table may differ from data published earlier. See technical note, page 70. 11. Employment by industry division and major manufacturing group, seasonally adjusted [Nonagricultural payroll data, In thousands] 1981 1982 Industry division and group May June July Aug. Sept Oct. Nov. Dec. Jan. Feb. Mar. Apr.p May» TOTAL .......................................................................................... 91,131 91,286 91,396 91,322 91,363 91,224 90,996 90,642 90,460 90,459 90,304 89,993 89,969 MINING .............................................................................................. 985 1,137 1,164 1,180 1,192 1,195 1,202 1,206 1,201 1,203 1,197 1,182 1,158 3,934 3,890 3,899 CONSTRUCTION ................................................................................ 4,223 4,185 4,175 4,146 4,124 4,101 4,071 4,026 3,966 3,974 MANUFACTURING.............................................................................. Production workers.................................................................. 20,332 14,190 20,334 14,177 20,379 14,212 20,311 14,136 20,267 14,087 20,097 13,915 19,903 13,717 19,676 13,488 19,517 13,341 19,454 13,290 19,319 13,179 19,154 13,031 19,120 13,014 Durable goods Production workers.................................................................. 12,237 8,428 12,246 8,427 12,266 8,439 12,228 8,389 12,184 8,345 12,059 8,218 11,901 8,061 11,724 7,885 11,622 7,793 11,575 7,759 11,490 7j685 11,360 7,564 11,341 7,553 Lumber and wood products ............................................................ Furniture and fixtures...................................................................... Stone, clay, and glass products ...................................................... Primary metal industries.................................................................. Fabricated metal products .............................................................. Machinery, except electrical............................................................ Electric and electronic equipment.................................................... Transportation equipment................................................................ Instruments and related products .................................................... Miscellaneous manufacturing .......................................................... 694 473 646 1,137 1,613 2,506 2,101 1,930 726 411 685 474 644 1,137 1,611 2,516 2,104 1,938 726 411 683 476 644 1,132 1,617 2,527 2,112 1,925 731 419 671 475 643 1,134 1,610 2,532 2,116 1,901 734 412 661 473 638 1,125 1,604 2,539 2,113 1,884 734 413 643 469 629 1,104 1,577 2,532 2,101 1,861 731 412 628 462 620 1,082 1,553 2,511 2,077 1,830 727 411 615 457 610 1,053 1,529 2,486 2,049 1,791 725 409 607 452 596 1,038 1,515 2,459 2,055 1,777 720 403 611 449 596 1,024 1,505 2,446 2,048 1,778 718 400 607 446 590 1,007 1,496 2,419 2,038 1,774 716 397 614 443 584 977 1,479 2,376 2,036 1,747 713 391 615 444 586 958 1,472 2,365 2,039 1,760 714 388 Nondurable goods .......................................................................... Production workers.................................................................. 8,095 5,762 8,088 5,750 8,113 5,773 8,083 5,747 8,083 5,742 8,038 5,697 8,002 5,656 7,952 5,603 7,895 5,548 7,879 5,531 7,829 5,494 7,794 5,467 7,779 5,461 Food and kindred products.............................................................. Tobacco manufactures .................................................................. Textile mill products........................................................................ Apparel and other textile products .................................................. Paper and allied products .............................................................. Printing and publishing.................................................................... Chemicals and allied products ........................................................ Petroleum and coal products .......................................................... Rubber and miscellaneous plastics products .................................... Leather and leather products .......................................................... 1,689 70 828 1,250 690 1,262 1,109 217 745 235 1,673 71 830 1,251 690 1,263 1,111 217 747 235 1,678 70 835 1,255 691 1,268 1,110 217 750 239 1,659 70 829 1,253 691 1,271 1,107 216 752 235 1,658 69 827 1,253 695 1,274 1,110 216 746 235 1,662 69 814 1,243 685 1,276 1,107 215 734 233 1,664 69 804 1,235 681 1,276 1,103 215 725 230 1,661 68 794 1,222 677 1,276 1,100 214 716 224 1,657 69 780 1,201 674 1,275 1,095 210 712 222 1,663 68 777 1,201 670 1,276 1,093 208 708 215 1,658 68 760 1,186 668 1,278 1,088 207 703 213 1,643 67 774 1,166 664 1,275 1,082 205 704 214 1,653 67 755 1,162 662 1,273 1,078 208 706 215 TRANSPORTATION AND PUBLIC UTILITIES ...................................... 5,158 5,162 5,168 5,168 5,181 5,162 5,150 5,128 5,125 5,115 5,100 5,089 5,064 WHOLESALE AND RETAIL TRADE...................................................... 20,543 20,590 20,620 20,650 20,660 20,654 20,623 20,524 20,630 20,670 20,655 20,583 20,629 WHOLESALE TRADE .......................................................................... 5,361 5,366 5,375 5,387 5,383 5,380 5,375 5,357 5,346 5,343 5,336 5,320 5,325 15,182 15,224 15,245 15,263 15,277 15,274 15,248 15,167 15,284 15,327 15,319 15,263 15,304 5,295 5,302 5,311 5,319 5,328 5,325 5,324 5,331 5,326 5,326 5,336 5,328 5,327 RETAIL TRADE FINANCE, INSURANCE, AND REAL ESTATE ...................................... SERVICES .......................................................................................... 18,517 18,556 18,615 18,654 18,707 18,773 18,815 18,834 18,831 18,867 18,904 18,924 18,920 GOVERNMENT .................................................................................... Federal.......................................................................................... State and local .............................................................................. 16,078 2,776 13,302 16,020 2,777 13,243 15,964 2,775 13,189 15,894 2,769 13,125 15,904 2,764 13,140 15,917 2,757 13,160 15,908 2,749 13,159 15,917 2,756 13,161 15,864 2,741 13,123 15,850 2,737 13,113 15,859 2,736 13,123 15,843 2,730 13,113 15,852 2,728 13,124 N ote: In accordance with usual practice, BLS has revised establishment survey data to reflect a new benchmark and updated seasonal adjustment factors. Because of these revisions, establishment data in https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis this table may differ from data published earlier. See technical note, page 70. 73 M ONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Establishment Data 12. Hours and earnings, by industry division, selected years, 1950-81 [Gross averages, production or nonsupervisory workers on nonagricultural payrolls] Year Average weekly earnings Average weekly hours Average hourly earnings Average weekly earnings Total private Average hourly earnings Average weekly earnings Mining Average weekly hours Average hourly earnings Average weekly earnings Construction Average weekly hours Average hourly earnings Manufacturin9 1950 1955 I960’ 1964 1965 $53.13 67.72 80.67 91.33 95.45 39.8 39.6 38.6 38.7 38.8 $1,335 1.71 2.09 2.36 2.46 $67.16 89.54 105.04 117.74 123.52 37.9 40.7 40.4 41.9 42.3 $1,772 2.20 2.60 2.81 2.92 $69.68 90.90 112.67 132.06 138.38 37.4 37.1 36.7 37.2 37.4 $1,863 2.45 3.07 3.55 3.70 $58.32 75.30 89.72 102.97 107.53 40.5 40.7 39.7 40.7 41.2 $1,440 1.85 2.26 2.53 2.61 1966 1967 1968 1969 1970 . 98.82 101.84 107.73 114.61 119.83 38.6 38.0 37.8 37.7 37.1 2.56 2.68 2.85 3.04 3.23 130.24 135.89 142.71 154.80 164.40 42.7 42.6 42.6 43.0 42.7 3.05 3.19 3.35 3.60 3.85 146.26 154.95 164.49 181.54 195.45 37.6 37.7 37.3 37.9 37.3 3.89 4.11 4.41 4.79 5.24 112.19 114.49 122.51 129.51 133.33 41.4 40.6 40.7 40.6 39.8 2.71 2.82 3.01 3.19 3.35 1971 1972 1973 1974 1975 . . . . . 127.31 136.90 145.39 154.76 163.53 36.9 37.0 36.9 36.5 36.1 3.45 3.70 3.94 4.24 4.53 172.14 189.14 201.40 219.14 249.31 42.4 42.6 42.4 41.9 41.9 4.06 4.44 4.75 5.23 5.95 211.67 221.19 235.89 249.25 266.08 37.2 36.5 36.8 36.6 36.4 5.69 6.06 6.41 6.81 7.31 142.44 154.71 166.46 176.80 190.79 39.9 40.5 40.7 40.0 39.5 3.57 3.82 4.09 4.42 4.83 1976 . 1977 . 1978 . 1979 . 1980' 175.45 189.00 203.70 219.91 235.10 36.1 36.0 35.8 35.7 35.3 4.86 5.25 5.69 6.16 6.66 273.90 301.20 332.88 365.07 397.06 42.4 43.4 43.4 43.0 43.3 6.46 6.94 7.67 8.49 9.17 283.73 295.65 318.69 342.99 367.78 36.8 36.5 36.8 37.0 37.0 7.71 8.10 8.66 9.27 9.94 209.32 228.90 249.27 269.34 288.62 40.1 40.3 40.4 40.2 39.7 5.22 5.68 6.17 6.70 7.27 1981r 255.20 35.2 7.25 439.19 10.05 398.52 36.9 10.80 318.00 39.8 7.99 Transportation and public utilities 1950 1955 1960 1964 1965 $118.78 125.14 41.1 41.3 1966 1967 1968 1969 1970 128.13 130.82 138.85 147.74 155.93 1971 1972 1973 1974 1975 Finance, insurance, and real estate Wholesale and retail trade Services 40.5 39.4 38.6 37.9 37.7 $1,100 $2.89 3.03 $44.55 55.16 66.01 74.66 76.91 1.40 1.71 1.97 2.04 $50.52 63.92 75.14 85.79 88.91 37.7 37.6 37.2 37.3 37.2 $1,340 1.70 2.02 2.30 2.39 $70.03 73.60 36.1 35.9 $1.94 2.05 41.2 40.5 40.6 40.7 40.5 3.11 3.23 3.42 3.63 3.85 79.39 82.35 87.00 91.39 96.02 37.1 36.6 36.1 35.7 35.3 2.14 2.25 2.41 2.56 2.72 92.13 95.72 101.75 108.70 112.67 37.3 37.1 37.0 37.1 36.7 2.47 2.58 2.75 2.93 3.07 77.04 80.38 83.97 90.57 96.66 35.5 35.1 34.7 34.7 34.4 2.17 2.29 2.42 2.61 2.81 168.82 187.86 203.31 217.48 233.44 40.1 40.4 40.5 40.2 39.7 4.21 4.65 5.02 5.41 5.88 101.09 106.45 111.76 119.02 126.45 35.1 34.9 34.6 34.2 33.9 2.88 3.05 3.23 3.48 3.73 117.85 122.98 129.20 137.61 148.19 36.6 36.6 36.6 36.5 36.5 3.22 3.36 3.53 3.77 4.06 103.06 110.85 117.29 126.00 134.67 33.9 33.9 33.8 33.6 33.5 3.04 3.27 3.47 3.75 4.02 1976 . 1977 . 1978 . 1979 . 1980’ 256.71 278.90 302.80 325.58 351.25 39.8 39.9 40.0 39.9 39.6 6.45 6.99 7.57 8.16 8.87 133.79 142.52 153.64 164.96 176.46 33.7 33.3 32.9 32.6 32.2 3.97 4.28 4.67 5.06 5.48 155.43 165.26 178.00 190.77 209.60 36.4 36.4 36.4 36.2 36.2 4.27 4.54 4.89 5.27 5.79 143.52 153.45 163.67 175.27 190.71 33.3 33.0 32.8 32.7 32.6 4.31 4.65 4.99 5.36 5.85 1981' 382.18 39.4 9.70 190.95 32.2 5.93 229.05 36.3 6.31 208.97 32.6 6.41 ’ Data include Alaska and Hawaii beginning in 1959. 74 Average weekly hours https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 13. Weekly hours, by industry division and major manufacturing group [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] 1982 1981 Annual average Industry division and group 1980 1981 May June July Aug. SepL Oct Nov. Dec. Jan. Feb. Mar. Apr.p May” TOTAL PRIVATE.......................................... 35.3 35.2 35.2 35.4 35.6 35.6 35.1 35.2 35.1 35.2 33.9 34.8 34.7 34.6 34.9 MINING.............................................................. 43.3 43.7 43.9 42.3 43.6 44.2 43.9 44.5 44.4 44.8 42.9 43.6 43.8 42.7 42.5 37.5 CONSTRUCTION................................................ 37.0 36.9 37.0 37.2 37.8 37.4 35.8 37.6 37.1 37.1 33.3 35.9 37.0 36.5 MANUFACTURING ............................................ Overtime hours...................................... 39.7 2.8 39.8 2.8 40.1 2.9 40.2 3.0 39.6 2.8 39.9 3.0 39.5 2.9 39.7 2.8 39.7 2.6 39.9 2.6 37.1 2.2 39.2 2.3 39.1 2.3 38.7 2.1 39.0 2.3 Durable goods .............................................. Overtime hours...................................... 40.1 2.8 40.2 2.8 40.6 3.0 40.6 3.0 40.0 2.8 40.2 2.9 39.8 2.8 40.1 2.7 40.1 2.5 40.4 2.6 37.7 2.1 39.7 2.2 39.6 2.2 39.2 2.0 39.5 2.2 Lumber and wood products .......................... Furniture and fixtures .................................... Stone, clay, and glass products...................... Primary metal industries................................ Fabricated metal products ............................ 38.5 38.1 40.8 40.1 40.4 38.7 384 40.6 40.5 40.3 39.6 38.5 41.1 40.9 40.7 39.5 38.9 41.2 40.9 40.8 38.7 37.8 40.8 40.3 39.9 39.0 38.6 41.0 40.3 40.3 37.9 37.7 40.6 40.8 39.7 38.2 38.6 40.5 39.7 40.2 37.7 38.1 40.5 39.7 40.1 38.1 38.9 40.1 39.6 40.5 33.7 32.5 37.4 38.4 37.8 37.5 37.4 39.2 39.6 39.4 37.6 37.6 39.8 39.0 39.6 37.3 37.1 40.0 38.8 39.0 37.9 37.1 40.4 38.6 39.3 Machinery except electrical............................ Electric and electronic equipment .................. Transportation equipment.............................. Instruments and related products .................. Miscellaneous manufacturing ........................ 41.0 39.8 40.6 40.5 38.7 40.9 39.9 40.9 40.4 38.8 41.2 40.1 41.6 40.3 38.9 41.1 40.2 41.4 40.4 39.0 40.5 39.7 40.8 39.9 38.5 40.7 40.0 40.6 40.4 38.9 40.4 39.7 39.9 40.4 38.7 40.7 39.9 41.0 40.4 39.3 41.0 39.8 40.8 40.8 39.5 41.6 40.4 41.4 40.7 39.1 39.2 38.1 38.4 38.6 36.6 40.7 39.8 40.4 40.0 38.4 40.4 39.5 40.4 40.1 38.7 39.8 39.0 40.5 39.5 38.1 39.9 39.3 41.3 40.3 38.1 Nondurable goods Overtime hours...................................... 39.0 2.8 39.1 2.8 39.4 2.9 39.5 2.9 39.1 2.8 39.4 3.0 39.1 3.1 39.1 2.9 39.1 2.8 39.2 2.7 36.2 2.4 38.6 2.5 38.3 2.4 38.0 2.3 38.3 2.4 Food and kindred products............................ Tobacco manufactures.................................. Textile mill products...................................... Apparel and other textile products.................. Paper and allied products.............................. 39.7 38.1 40.1 35.4 42.2 39.7 38.8 39.6 35.7 42.5 39.7 38.7 40.2 36.0 42.5 39.7 38.5 40.4 36.3 42.7 39.6 38.6 39.6 36.0 42.4 39.9 40.7 39.9 36.3 42.4 39.8 40.2 38.9 35.2 43.2 39.5 39.4 39.4 35.8 42.4 39.8 38.8 39.2 35.8 42.3 40.4 38.1 38.6 35.5 42.7 38.7 36.1 31.2 30.0 41.3 39.7 38.3 38.1 35.2 42.0 39.0 37.3 37.7 35.1 41.7 38.8 36.5 37.3 34.4 41.8 39.3 36.8 37.8 34.9 41.5 Printing and publishing .................................. Ghemicals and allied products........................ Petroleum and coal products ........................ Rubber and miscellaneous plastics products .. Leather and leather products ........................ 37.1 41.5 41.8 40.0 36.7 37.3 41.6 43.2 40.3 36.8 37.3 41.5 43.6 40.8 37.4 37.2 41.6 43.5 40.9 38.1 37.2 41.5 43.7 39.9 36.5 37.5 41.4 43.0 40.4 36.9 37.4 42.2 44.4 39.7 36.0 37.2 41.5 43.1 40.2 36.7 37.3 41.6 43.1 39.9 36.6 37.9 41.8 42.6 40.1 36.4 36.4 40.8 43.2 37.8 33.3 37.1 41.1 42.2 39.9 35.3 37.1 40.7 42.4 39.7 35.6 36.8 40.7 42.6 39.5 35.1 36.7 41.0 42.5 39.9 3Ò.Ò 39.6 39.4 39.3 39.7 39.7 39.5 39.2 39.1 39.2 39.3 38.5 39.2 39.0 39.0 39.1 31.6 31.6 31.7 31.9 TRANSPORTATION AND PUBUC UTILITIES WHOLESALE AND RETAIL TRADE 32.2 32.2 32.0 32.4 32.8 32.8 32.2 32.0 31.9 32.3 31.1 WHOLESALE TRADE 38.5 38.6 38.5 38.6 38.8 38.7 38.5 38.6 38.6 38.7 37.8 38.2 38.3 38.2 38.5 29.8 29.8 30.3 29.0 29.4 29.4 29.6 29.9 RETAIL TRADE.................................................. 30.2 30.1 29.9 30.3 30.9 30.9 FINANCE, INSURANCE, AND REAL ESTATE 36.2 36.3 36.1 36.1 36.3 36.4 36.0 36.2 36.2 36.2 36.2 36.2 36.3 36.2 36.5 33.1 32.9 32.4 32.5 32.5 32.6 32.3 32.5 32.5 32.5 32.5 SERVICES.......................................................... 32.6 32.6 32.5 32.7 Note In accordance with usual practice, BLS has revised establishment survey data to reflect a new benchmark and updated seasonal adjustment factors. Because of these revisions, establishment data in https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 30.2 this table may differ from data published earlier. See-technical note, page 70. 75 M ONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Establishment Data 14. Weekly hours, by industry division and major manufacturing group, seasonally adjusted [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] 1981 Industry division and group May TOTAL PRIVATE June July Aug. Oct. Nov. Dec. Jan. Feb. Mar. Apr. P MayP 35.4 35.2 35.3 35.2 35.0 35.1 35.1 35.0 34.4 35.0 34.9 34.9 35.0 40.2 3.1 40.1 3.0 400 3.0 39.9 3.0 39.4 2.7 39.5 2.7 39.3 2.5 39.1 2.4 37.6 2.3 39.4 2.4 39.0 2.3 39.0 2.4 39.1 2.4 40.7 3.1 40.5 3.0 40.5 3.0 40.4 3.0 39.7 2.7 40.0 2.6 39.7 2.4 39.5 2.3 38.2 2.2 39.8 2.2 39.5 2.2 39.5 2.2 39.6 2.3 Lumber and wood products . . . . Furniture and fixtures ................ Stone, clay, and glass products .............. Primary metal industries................ Fabricated metal products .................... 39.6 38.8 40.9 41.1 40.8 38.9 38.8 40.7 40.9 40.6 38.7 38.6 40.8 40.7 40.5 38.4 38.4 40.7 40.8 40.4 37.6 37.4 40.3 40.6 39.6 37.8 38.0 40.1 40.0 40.0 37.7 37.6 40.1 396 39.7 37.7 37.9 39.7 39.2 39.5 35.0 33.6 386 38.3 38.1 37.9 37 7 40.1 394 39.7 37.6 37 3 40 0 38 8 39.5 37.6 37 4 40 1 38 6 39.4 37.9 39.4 Machinery, except electrical .................... Electric and electronic equipment .......... Transportation equipment........................ Instruments and related products .......... Miscellaneous manufacturing ............ 41.4 40.3 41.6 40.4 39.1 41.1 40.2 41.4 40.4 39.0 41.2 40.4 41.2 40.5 39.0 41.1 40.3 41.2 40.6 38.9 40.3 39.7 40.1 40.4 38.4 40.8 39.8 40.6 40.3 38.9 40.7 39.4 40.4 40.2 39.0 40.4 39.5 39.7 39.9 38.5 39.3 38.3 39.0 39.0 37.3 407 39.8 40 5 39 9 38.6 40 2 39 4 40 4 39 9 38.6 40 1 39 3 39 6 39 9 38.4 38.3 39.4 3.0 39.4 2.9 39.2 2.9 39.2 2.9 38.9 2.8 38.9 2.8 38.7 2.7 38.6 2.6 36.8 2.5 38.9 2.6 385 2.5 38 4 2.6 38 4 2.5 Food and kindred products . . . . Textile mill products . . . . Apparel and other textile products............ Paper and allied products . . 39.7 40.2 35.9 42.8 39.7 40.1 35.9 42.7 39.5 40.1 35.8 42.7 39.4 39.8 35.9 42.5 39.3 38.8 35.2 43.0 39.5 39.0 35.5 42.4 39.5 38.7 35.5 42.0 39.8 37.8 35.1 41.8 39.1 32.3 31.4 41.3 40.2 38.3 35.5 42.3 39 5 37 6 35 0 41.8 39 4 39 3 34 7 42.1 41.8 Printing and publishing ...................... Chemicals and allied products............ Petroleum and coal products .. Rubber and miscellaneous plastics products Leather and leather products .............. 37.4 41.6 43.8 41.1 37.0 37.4 41.7 43.4 40.9 37.1 37.3 41.7 43.1 40.5 36.4 37.3 41.7 42.9 40.5 36.7 37.1 42.2 43.1 39.7 36.2 37.1 41.5 42.2 39.9 36.7 37.1 41.2 42.5 39.6 36.5 37.1 41.3 42.7 39.4 36.1 36.9 41.0 44.3 37.9 34.1 37 4 41 2 43.5 40 0 35.6 37 1 40 7 43 5 39 6 35.8 32.2 32.1 35.2 32.2 32.1 32.0 32.1 32.0 31.7 32.0 31.9 31.8 32.1 38.6 38.5 38.6 38.6 38.5 38.4 38.5 38.4 38.1 38.5 38.4 38.3 38.6 MANUFACTURING Overtime hours............ Durable goods ........ Overtime hours................ Nondurable goods Overtime hours.................... WHOLESALE AND RETAIL TRADE WHOLESALE TRADE . 42,6 35.5 35.1 RETAIL TRADE.................... 30.2 30.0 30.1 30.1 30.1 29.9 30.0 29.9 29.7 29.9 29.8 29.8 30.1 SERVICES 32.7 32.5 32.6 32.5 32.5 32.6 32.6 32.6 32.5 32.6 32.6 32.7 32.7 Note: The industry divisions of mining: construction: tobacco manufactures (a major manufacturing group, nondurable goods): transportation and public utilities; and finance, insurance, and real estate are no longer shown. This is because the seasonal component in these is small relative to the trend-cycle, or irregular components, or both, and consequently cannot be precisely separated. 76 1982 Sept. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis N ote: In accordance with usual pract ce, BLS has revised es ablishment survey data to reflect a new benchmark and updated seasonal ad] ustment factors. Becaus e of these revisions, e tabllshment data in this table may differ from data publis ed earlier. See technica note, page 70. 15. Hourly earnings, by industry division and major manufacturing group [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] Annual average Industry division and group 1981 1982 1980 1981 May June July Aug. Sept. Oct Nov. Dec. Jan. Feb. Mar. Apr.p May » $7.55 $7.57 $7.61 TOTAL PRIVATE.......................................... $6.66 $7.25 $7.17 $7.20 $7.24 $7.30 $7.40 $7.42 $7.47 $7.45 $7.55 $7.54 MINING.............................................................. 9.17 10.05 9.68 9.93 10.09 10.12 10.27 10.25 10.39 10.41 10.65 10.62 10.62 10.65 10.71 CONSTRUCTION................................................ 9.94 10.80 10.57 10.64 10.79 10.92 11.07 11.65 11.18 11.26 11.59 11.32 11.33 11.28 11.38 MANUFACTURING ............................................ 7.27 7.99 7.92 7.97 8.02 8.03 8.16 8.16 8.20 8.27 8.42 8.34 8.37 8.41 8.45 Durable goods............................................ Lumber and wood products .................... Furniture and fixtures.............................. Stone, clay, and glass products .............. Primary metal industries.......................... Fabricated metal products ...................... 7.75 6.55 5.49 7.50 9.77 7.45 8.53 7.00 5.91 8.27 10.81 8.20 8.47 6.92 5.84 8.20 10.68 8.16 8.54 7.09 5.90 8.31 10.75 8.23 8.57 7.15 5.92 8.40 10.78 8.21 8.59 7.13 5.99 8.41 10.99 8.26 8.70 7.16 6.01 8.53 11.22 8.33 8.73 7.10 6.06 8.50 10.97 8.39 8.77 7.16 6.05 8.54 11.10 8.42 8.83 7.16 6.12 8.56 11.08 8.53 8.92 7.38 6.28 8.70 11.23 8.55 8.89 7.27 6.19 8.62 11.20 8.57 8.91 7.28 6.21 8.65 11.15 8.64 8.93 7.25 6.22 8.72 11.23 8.69 9.01 7.36 6.25 8.77 11.28 8.76 Machinery, except electrical.................... Electric and electronic equipment............ Transportation equipment........................ Instruments and related products ............ Miscellaneous manufacturing .................. 8.00 6.94 9.35 6.80 5.46 8.81 7.62 10.39 7.43 5.96 8.73 7.51 10.33 7.30 5.92 8.79 7.56 10.45 7.33 5.92 8.83 7.65 10.44 7.43 5.97 8.84 7.73 10.37 7.55 5.96 8.96 7.75 10.49 7.59 6.05 9.04 7.80 10.74 7.60 6.05 9.08 7.83 10.74 7.68 6.11 9.18 7.90 10.76 7.81 6.19 9.19 7.98 10.79 7.93 6.27 9.20 7.96 10.82 7.94 6.29 9.18 8.01 10.89 8.00 6.32 9.19 8.03 10.88 8.08 6.36 9.24 8.08 11.02 8.17 6.40 Nondurable goods Food and kindred products...................... Tobacco manufactures............................ Textile mill products................................ Apparel and other textile products .......... Paper and allied products........................ 6.55 6.85 7.74 5.07 4.56 7.84 7.18 7.43 8.88 5.52 4.96 8.60 7.10 7.41 9.06 5.40 4.96 8.42 7.13 7.41 9.35 5.41 4.97 8.54 7.22 7.45 9.46 5.50 4.92 8.73 7.23 7.48 8.70 5.65 4.96 8.67 7.36 7.56 8.76 5.69 5.04 8.95 7.33 7.51 8.67 5.72 5.05 8.82 7.38 7.61 9.04 5.73 5.04 8.89 7.44 7.67 8.96 5.72 5.04 8.96 7.67 7.82 9.21 5.76 5.18 9.06 7.54 7.74 9.56 5.76 5.13 8.99 7.57 7.79 9.72 5.76 5.15 9.03 7.65 7.90 10.00 5.79 5.18 9.12 7.64 7.88 9.87 5.77 5.15 9.17 7.53 8.30 10.10 6.52 4.58 8.18 9.12 11.38 7.16 4.99 8.08 8.90 11.30 7.13 4.96 8.11 9.07 11.31 7.14 4.98 8.20 9.16 11.43 7.18 4.97 8.25 9.19 11.32 7.23 4.97 8.37 9.38 11.55 7.29 5.09 8.40 9.37 11.47 7.30 5.09 8.42 9.42 11.58 7.31 5.11 8.48 9.53 11.59 7.38 5.15 8.58 9.68 11.91 7.51 5.19 8.56 9.68 12.29 7.49 5.22 8.59 9.71 12.32 7.45 5.24 8.60 9.79 12.50 7.53 5.31 8.64 9.77 12.44 7.53 5.29 Printing and publishing............................ Chemicals and allied products ................ Petroleum and coal products .................. Rubber and miscellaneous plastics products Leather and leather products.................. TRANSPORTATION AND PUBLIC UTILITIES 8.87 9.70 9.57 9.61 9.67 9.87 9.95 9.94 10.05 10.06 10.10 10.13 10.07 10.11 10.14 WHOLESALE AND RETAIL TRADE .................... 5.48 5.93 5.89 5.88 5.91 5.94 6.04 6.01 6.04 6.02 6.17 6.16 6.16 6.18 6.19 WHOLESALE TRADE 6.96 7.57 7.49 7.49 7.58 7.65 7.70 7.73 7.79 7.81 7.94 7.94 7.93 7.96 8.01 RETAIL TRADE.................................................. 4.88 5.25 5.22 5.22 5.24 5.25 5.37 5.29 5.32 5.31 5.43 5.42 5.43 5.44 5.46 FINANCE, INSURANCE, AND REAL ESTATE . 5.79 6.31 6.25 6.25 6.28 6.38 6.39 6.43 6.52 6.47 6.56 6.62 6.59 6.63 6.74 SERVICES.......................................................... 5.85 6.41 6.34 6.33 6.34 6.41 6.52 6.58 6.67 6.66 6.79 6.79 6.77 6.81 6.84 N ote: In accordance with usual practice, BLS has revised establishment survey data to reflect a new benchmark and updated seasonal adjustment factors. Because of these revisions, establishment data in 16. this table may differ from data published earlier. See technical note, page 70. Hourly Earnings Index for production or nonsupervisory workers on private nonagricultural payrolls, by industry division [Seasonally adjusted data: 1977=100] 1981 1982 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. » May» Apr. 1982 to May 1982 May 1981 to May 19821 137.6 138.4 139.1 140.5 141.4 142.0 143.0 143.5 144.9 145.0 145.4 146.2 147.4 .8 7.1 145.8 129.9 140.6 138.7 137.2 136.8 135.9 147.4 130.9 141.5 139.6 137.6 137.1 136.7 149.0 132.2 142.4 139.0 138.4 137.8 137.4 149.5 132.8 143.5 141.6 139.7 140.1 139.2 151.7 133.5 144.7 141.5 141.0 140.4 139.7 151.4 134.7 145.4 142.3 140.5 141.4 140.9 153.4 135.7 146.4 143.5 141.3 142.6 142.2 153.4 136.6 146.9 144.3 141.7 142.0 142.6 156.2 139.9 148.9 145.5 142.1 143.1 143.4 156.0 137.9 149.1 146.0 142.5 143.3 143.7 156.0 138.1 149.9 146.3 142.8 143.8 143.9 156.5 138.3 150.7 146.3 143.7 144.7 145.2 157.6 139.0 151.6 147.5 144.8 147.5 146.5 .7 .5 .6 .8 .8 2.0 .9 8.1 7.0 7.8 6.4 5.6 7.8 7.8 93.0 92.9 92.2 92.5 92.1 92.1 92.3 92.3 92.9 92.8 93.3 93.7 (3) (3) (3) Industry TOTAL PRIVATE (in current dollars) Mining2 ............................................ Construction ................................... Manufacturing ................................. Transportation and public utilities . . . . Wholesale and retail trade .............. Finance, insurance, and real estate .. Services .......................................... TOTAL PRIVATE (in constant dollars) ' Over-the-year percent change before seasonal adjustment. 2This series is not seasonally adjusted because the seasonal component is small relative to the trend-cycle, irregular components, or both, and consequently cannot be separated with sufficient precision. 3Not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis In accordance with usual practice, BLS has revised establishment survey data to reflect a new benchmark and updated seasonal adjustment factors. Because of these revisions, establishment data in this table may differ from data published earlier. See technical note, page 70. N ote: 77 M ONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Establishment Data 17. Weekly earnings, by industry division and major manufacturing group [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] 1982 1981 Annual average Industry division and group Aug. Sept Oct Nov. Dec. Jan. Feb. Mar. Apr.p Mayp 1980 1981 May June July TOTAL PRIVATE: Current dollars.......................................... Constant (1977) dollars.............................. $235.10 172.74 $255.20 170.13 $252.38 170.18 $254.88 170.49 $257.74 170.35 $259.88 170.64 $259.74 168.88 $261.18 169.49 $262.20 169.71 $262.24 169.30 $255.95 164.70 $262.39 168.31 $261 99 168.37 $261.92 167.58 $265.59 MINING ........................................................ 397.06 439.19 424.95 420.04 439.92 447.30 450.85 456.13 461.32 466.37 456.89 463.03 465.16 454.76 $455.18 CONSTRUCTION 367.78 398.52 391.09 395.81 407.86 408.41 396.31 419.62 414.78 417.75 385.95 406.39 419.21 411.72 426.75 MANUFACTURING Current dollars........................................ Constant (1977) dollars .......................... 288.62 212.06 318.00 212.00 317.59 214.15 320.39 214.31 317.59 209.91 320.40 210.37 322.32 209.57 323.95 210.22 325.54 210.71 329.97 213.02 312.38 201.02 326.93 209.70 327.27 210.33 325.47 208.23 329.55 (’ ) Durable goods.............................................. Lumber and wood products........................ Furniture and fixtures ................................ Stone, clay, and glass products.................. Primary metal industries ............................ Fabricated metal products.......................... 310.78 252.18 209.17 306.00 391.78 300.98 342.91 270.90 226.94 335.76 437.81 330.46 343.88 274.03 224.84 337.02 436.81 332.11 346.72 280.06 229.51 342.37 439.68 335.78 342.80 276.71 223.78 342.72 434.43 327.58 345.32 278.07 231.21 344.81 442.90 332.88 346.26 271.36 226.58 346.32 457.78 330.70 350.07 271.22 233.92 344.25 435.51 337.28 351.68 269.93 230.51 345.87 440.67 337.64 356.73 272.80 238.07 343.26 438.77 345.47 336.28 248.71 204.10 325.38 431.23 323.19 352.93 272.63 231.51 337.90 443.52 337.66 352.84 273.73 233.50 344.27 434.85 342.14 350.06 270.43 230.76 348.80 435.72 338.91 $355.90 278.94 231.88 354.31 435.41 344.27 Machinery except electrical........................ Electric and electronic equipment................ Transportation equipment .......................... Instruments and related products................ Miscellaneous manufacturing...................... 328.00 276.21 379.61 275.40 211.30 360.33 304.04 424.95 300.17 231.25 359.68 301.15 429.73 294.19 230.29 361.27 303.91 432.63 296.13 230.88 357.62 303.71 425.95 296.46 229.85 359.79 309.20 421.02 305.02 231.84 361.98 307.68 418.55 306.64 234.14 367.93 311.22 440.34 307.04 237.77 372.28 311.63 438.19 313.34 241.35 381.89 319.16 445.46 317.87 242.03 360.25 304.04 414.34 306.10 229.48 374.44 316.81 437.13 317.60 241.54 370.87 316.40 439.96 320.80 244.58 365.76 313.17 440.64 319.16 242.32 368.68 317.54 455.13 329.25 243.84 Nondurable goods Food and kindred products ........................ Tobacco manufactures .............................. Textile mill products .................................. Apparel and other textile products.............. Paper and allied products .......................... 255.45 271.95 294.89 203.31 161.42 330.85 280.74 294.97 344.54 218.59 177.07 365.50 279.74 294.18 350.62 217.08 178.56 357.85 281.64 294.18 359.98 218.56 180.41 364.66 282.30 295.02 365.16 217.80 177.12 370.15 284.86 298.45 354.09 225.44 180.05 367.61 287.78 300.89 352.15 221.34 177.41 386.64 286.60 296.65 341.60 225.37 180.79 373.97 288.56 302.88 350.75 224.62 180.43 376.05 291.65 309.87 341.38 220.79 178.92 382.59 277.65 302.63 332.48 179.71 155.40 374.18 291.04 307.28 366.15 219.46 180.58 377.58 289.93 303.81 362.56 217.15 180.77 376.55 290.70 306.52 365.00 215.97 178.19 381.22 292.61 309.68 363.22 218.11 179.74 380.56 Printing and publishing................................ Chemicals and allied products.................... Petroleum and coal products...................... Rubber and miscellaneous plastics products.................................... Leather and leather products...................... 279.36 344,45 422.18 305.11 379.39 491.62 301.38 373.09 492.68 301.69 377.31 491.99 305.04 380.14 499.49 309.38 380.47 486.76 313.04 395.84 512.82 312.48 388 86 494.36 314.07 391.87 499.10 321.39 398.35 493.73 312.31 394.94 514.51 317.58 397.85 518.64 318.69 395.20 522.37 316.48 398.45 532.50 317.09 400.57 528.70 260.80 168.09 288.55 183.63 290.90 185.50 292.03 189.74 286.48 181.41 292.09 183.39 289.41 183.24 293.46 186.80 291.67 187.03 295.94 187.46 283.88 172.83 298.85 184.27 295.77 186.54 297.44 186.38 300.45 187.80 351.25 382.18 376.10 381.52 383.90 389.87 390.04 388.65 393.96 395.36 388.85 397.10 392.73 394.29 396.47 TRANSPORTATION AND PUBLIC UTILITIES ( 1) WHOLESALE AND RETAIL TRADE 176.46 190.95 188.48 190.51 193.85 194.83 194.49 192.32 192.68 194.45 191.89 194.66 194.66 195.91 197.46 WHOLESALE TRADE ...................................... 267.96 292.20 288.37 289.11 294.10 296.06 296.45 298.38 300.69 302.25 300.13 303.31 303.72 304.07 308.39 RETAIL TRADE................................................ 147.38 158.03 156.08 158.17 161.92 162.23 162.17 157.64 158.54 160.89 157.47 159.35 159.64 161.02 163.25 FINANCE, INSURANCE, AND REAL ESTATE 209.60 229.05 225.63 225.63 227.96 232.23 230.04 232.77 236.02 234.21 237.47 239.64 239.22 240.01 246.01 190.71 208.97 206.05 206.99 209.85 210.89 211.25 213.85 216.78 217.12 219.32 220.68 220.03 221.33 222.30 SERVICES........................................................ . 1Not available. N ote: In accordance with usual practice, BLS has revised establishment survey data to reflect a new 78 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis benchmark and updated seasonal adjustment factors. Because of these revisions, establishment data In this table may differ from data published earlier. See technical note, page 70. UNEMPLOYMENT INSURANCE DATA N a t io n a l u n e m p l o y m e n t in s u r a n c e data ployed. Persons not covered by unemployment insurance (about 10 percent of the labor force) and those who have exhausted or not yet earned benefit rights are excluded from the scope of the survey. In i tial claims are notices filed by persons in unemployment insurance programs to indicate they are out of work and wish to begin receiv ing compensation. A claimant who continued to be unemployed a full week is then counted in the insured unemployment figure. The rate of insured unemployment expresses the number of insured unem ployed as a percent of the average insured employment in a 12-month period. are c o m p ile d m o n th ly b y th e E m p lo y m e n t an d T rain in g A d m in istra tio n o f th e U .S . D e p a r tm en t o f L ab or from m o n th ly rep orts o f u n em p lo y m e n t in su ra n ce a c tiv ity p repared b y S ta te agen cies. R a il ro a d u n em p lo y m e n t in su ra n ce d ata are p repared b y th e U .S . R a ilro a d R etirem en t B oard. Definitions An application for benefits is filed by a railroad worker at the be ginning of his first period of unemployment in a benefit year; no ap plication is required for subsequent periods in the same year. N um ber of payments are payments made in 14-day registration periods. The average amount of benefit payment is an average for all com pensable periods, not adjusted for recovery of overpayments or set tlement of underpayments. However, total benefits paid have been adjusted. Data for all programs represent an unduplicated count of insured unemployment under State programs, Unemployment Compensation for Ex-Servicemen, and Unemployment Compensation for Federal Employees, and the Railroad Insurance Act. Under both State and Federal unemployment insurance programs for civilian employees, insured workers must report the completion of at least 1 week of unemployment before they are defined as unem- 18. Unemployment insurance and employment service operations [All items except average benefits amounts are in thousands] 1981 Item All programs: Insured unemployment ...................... State unemployment insurance program:1 Initial claims2 .................................... Insured unemployment (average weekly volume).............................. Rate of insured unemployment .......... Weeks of unemployment compensated ................................ Average weekly benefit amount for total unemployment .................. Total benefits paid ............................ Unemployment compensation for exservicemen: 3 Initial claims1 .................................... Insured unemployment (average weekly volume).............................. Weeks of unemployment compensated ................................ Total benefits paid ............................ Unemployment compensation for Federal civilian employees:4 Initial claim s...................................... Insured unemployment (average weekly volume).............................. Weeks of unemployment compensated ................................ Total benefits paid ............................ Railroad unemployment insurance: Applications ...................................... Insured unemployment (average weekly volume).............................. Number of payments ........................ Average amount of benefit payment........................................ Total benefits paid ............................ Employment service:5 New applications and renewals .......... Nonfarm placements.......................... Apr. May 3,453 June 3,111 2,949 3,012 Sept. 2,874 2,680 Oct. Nov. 2,753 Dec. 3,228 Jan. 3,935 Feb. 4,681 Mar. 4,723 Apr.p 4,892 4,760 1,647 1,417 1,741 2,114 1,610 1,681 1,996 2,286 3,272 3,328 2,272 2,418 2,410 2,988 3.4 2,691 3.1 2,596 3.0 2,743 3.1 2,656 3.0 2,488 2.9 2,592 3.0 3,061 3.5 3,778 4.3 4,470 5.1 4,376 5.0 4,282 4.9 4,067 4.6 11,871 9,790 9,928 10,486 9,594 9,565 9,424 10,052 14,592 15,962 15,631 18,144 16,312 $105.96 $105.49 $99.02 $103.47 $105.94 $107.39 $1,226,815 $1,006,341 $1,012,764 $1,061,899 $1,004,864 $1,001,020 $108.92 $110.52 $997,757 $1,080,810 $117.10 $112.83 $114.83 $116.95 $117.77 $1,592,546 $1,764,206 $1,781,830 $2,072,642 $1,867,457 16 15 19 22 19 15 11 9 11 8 8 10 9 46 43 42 44 44 34 26 22 19 16 13 11 10 214 $23,048 183 $19,965 192 $21,145 203 $22,785 190 $21,425 153 $17,144 116 $12,952 91 $10,043 93 $10,155 65 $7,098 49 $5,311 48 $5,141 37 $4,085 12 11 13 15 17 18 20 16 17 17 12 13 14 31 27 25 25 25 29 32 36 39 40 40 38 33 135 $13,701 107 $11,023 105 $10,705 105 $10,805 102 $9,543 100 $10,495 112 $11,719 127 $13,491 174 $18,891 162 $18,040 154 $17,517 172 $19,677 148 $16,916 6 6 26 41 13 15 21 13 19 22 11 9 5 54 117 75 153 67 140 65 154 57 130 $212.33 $25,292 $213.39 $30,544 $214.07 $28,011 $215.71 $33,853 $209.48 $26,262 41 94 35 79 30 86 28 32 29 63 34 74 40 86 44 83 $201.12 $19,239 $199.43 $15,428 $201.06 $16,206 $199.63 $11,541 $202.53 $7,071 $207.98 15,046 $197.26 15,994 $207.08 $16,377 12,868 2,446 ' Initial claims and State insured unemployment Include data under the program for Puerto Rican sugarcane workers. 2 Includes interstate claims for the Virgin Islands. Excludes transition claims under State programs. 3 Excludes data on claims and payments made jointly with other programs. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1982 Aug. July 16,502 3,509 r 4,081 r 731 7,439 1,232 4Excludes data on claims and payments made jointly with State programs. 5 Cumulative total for fiscal year (October 1-September 30). Data computed quarterly. Note: Data for Puerto Rico and the Virgin Islands included. Dashes indicate data not available. r=revised. 79 PRICE DATA P r i c e d a t a are g a th ered b y th e B ureau o f L ab or S ta tistics fro m retail a n d p rim ary m ark ets in th e U n ite d S tates. P rice in d ex e s are g iv en in relation to a b a se p eriod (1 9 6 7 = 100, u n less o th e r w ise n o ted ). Definitions The Consumer Price Index is a monthly statistical measure of the average change in prices in a fixed market basket of goods and ser vices. Effective with the January 1978 index, the Bureau of Labor Sta tistics began publishing CPI’s for two groups of the population. One index, a new CPI for All Urban Consumers, covers 80 percent of the total noninstitutional population; and the other index, a revised CPI for Urban Wage Earners and Clerical Workers, covers about half the new index population. The All Urban Consumers index includes, in addition to wage earners and clerical workers, professional, manageri al, and technical workers, the self-employed, short-term workers, the unemployed, retirees, and others not in the labor force. The CPI is based on prices of food, clothing, shelter, fuel, drugs, transportation fares, doctor’s and dentist’s fees, and other goods and services that people buy for day-to-day living. The quantity and quali ty of these items is kept essentially unchanged between major revi sions so that only price changes will be measured. Prices are collected from over 18,000 tenants, 24,000 retail establishments, and 18,000 housing units for property taxes in 85 urban areas across the country. All taxes directly associated with the purchase and use of items are included in the index. Because the CPI’s are based on the expendi tures of two population groups in 1972-73, they may not accurately reflect the experience of individual families and single persons with different buying habits. Though the CPI is often called the “Cost-of-Living Index,” it meas ures only price change, which is just one of several important factors affecting living costs. Area indexes do not measure differences in the level of prices among cities. They only measure the average change in prices for each area since the base period. Producer Price Indexes measure average changes in prices received in primary markets of the United States by producers of commodities in all stages of processing. The sample used for calculating these in dexes contains about 2,800 commodities and about 10,000 quotations per month selected to represent the movement of prices of all com modities produced in the manufacturing, agriculture, forestry, fishing, mining, gas and electricity, and public utilities sectors. The universe includes all commodities produced or imported for sale in commercial transactions in primary markets in the United States. Producer Price Indexes can be organized by stage of processing or by commodity. The stage of processing structure organizes products by degree of fabrication (that is, finished goods, intermediate or semifinished goods, and crude materials). The commodity structure organizes products by similarity of end-use or material composition. To the extent possible, prices used in calculating Producer Price In dexes apply to the first significant commercial transaction in the Unit ed States, from the production or central marketing point. Price data are generally collected monthly, primarily by mail questionnaire. Digitized80 for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Most prices are obtained directly from producing companies on a vol untary and confidential basis. Prices generally are reported for the Tuesday of the week containing the 13th day of the month. In calculating Producer Price Indexes, price changes for the vari ous commodities are averaged together with implicit quantity weights representing their importance in the total net selling value of all com modities as of 1972. The detailed data are aggregated to obtain in dexes for stage of processing groupings, commodity groupings, dura bility of product groupings, and a number of special composite groupings. Price indexes for the output of selected SIC industries measure av erage price changes in commodities produced by particular industries, as defined in the S ta n d a rd In du strial Classification M a n u a l 1972 (Washington, U.S. Office of Management and Budget, 1972). These indexes are derived from several price series, combined to match the economic activity of the specified industry and weighted by the value of shipments in the industry. They use data from comprehensive in dustrial censuses conducted by the U.S. Bureau of the Census and the U.S. Department of Agriculture. Notes on the data Beginning with the May 1978 issue of the Review, regional CPI’s cross classified by population size, were introduced. These indexes will enable users in local areas for which an index is not published to get a better approximation of the CPI for their area by using the appropri ate population size class measure for their region. The cross-classified indexes will be published bimonthly. (See table 21.) For further details about the new and the revised indexes and a comparison of various aspects of these indexes with the old unrevised CPI, see F acts A b o u t the R evised C onsum er Price Index, a pamphlet in the Consumer Price Index Revision 1978 series. See also The C on su m er Price In dex: Concepts a n d C ontent O ver the Years, Report 517, revised edition (Bureau of Labor Statistics, May 1978). For interarea comparisons of living costs at three hypothetical stand ards of living, see the family budget data published in the H an dbook o f L a b o r Statistics, 1977, Bulletin 1966 (Bureau of Labor Statistics, 1977), tables 122-133. Additional data and analysis on price changes are provided in the C P I D e ta iled R eport and P roducer Prices a n d Price Indexes, both monthly publications of the Bureau. As of January 1976, the Wholesale Price Index (as it was then called) incorporated a revised weighting structure reflecting 1972 val ues of shipments. From January 1967 through December 1975, 1963 values of shipments were used as weights. For a discussion of the general method of computing consumer, producer, and industry price indexes, see B L S H an dbook o f M ethods f o r Surveys a n d Studies, Bulletin 1910 (Bureau of Labor Statistics, 1976), chapters 13-15. See also John F. Early, “Improving the meas urement of producer price change,” M o n th ly L a b o r R eview, April 1978, pp. 7-15. For industry prices, see also Bennett R. Moss, “In dustry and Sector Price Indexes,” M o n th ly L a b o r Review , August 1965, pp. 974-82. 19. Consumer Price Index for Urban Wage Earners and Clerical Workers, annual averages and changes, 1967-81 [1967 = 100] Food and beverages All Items 7.1 5.4 5.8 4.1 100.0 103.2 107.2 112.7 3.2 3.9 5.1 100.0 106.1 113.4 120.6 6.1 6.9 6.3 100.0 105.7 111.0 116.7 5.7 5.0 5.1 100.0 105.2 110.4 116.8 123.4 128.1 133.7 148.8 164.5 4.4 3.8 4.4 11.3 10.6 119.8 122.3 126.8 136.2 142.3 3.2 2.1 3.7 7.4 4.5 118.6 119.9 123.8 137.7 150.6 5.2 1.1 3.3 11.2 9.4 128.4 132.5 137.7 150.5 168.6 6.5 3.2 3.9 9.3 12.0 122.9 126.5 130.0 139.8 152.2 5.3 2.9 2.8 7.5 8.9 122.4 127.5 132.5 142.0 153.9 4.8 4.2 3.1 6.0 9.7 10.9 8.7 174.6 186.5 202.6 227.5 263.2 6.1 6.8 8.6 12.3 15.7 147.6 154.2 159.5 166.4 177.4 3.7 4.5 3.4 4.3 6.6 165.5 177.2 185.8 212.8 250.5 9.9 7.1 4.9 14.5 17.7 184.7 202.4 219.4 240.1 267.2 9.5 9.6 8.4 9.4 11.3 1.59.8 167.7 176.2 187.6 203.7 5.0 4.9 5.1 6.5 8.5 162.7 172.2 183.2 196.3 213.6 5.7 5.8 6.4 7.2 7.7 293.2 11.4 186.6 5.2 281.3 12.3 295.1 10.4 219.0 7.5 233.3 9.2 3.6 5.0 5.4 100.0 104.0 110.4 118.2 9.1 118.3 123.2 139.5 158.7 172.1 3.1 4.1 13.2 13.8 8.4 170.5 181.5 195.3 217.7 247.0 5.8 6.5 7.6 11.5 13.5 177.4 188.0 206.2 228.7 248.7 272.3 10.2 267.8 100.0 104.2 109.8 116.3 1971 1972 1973 1974 1975 121.3 125.3 133.1 147.7 161.2 1976 1977 1978 1979 1980 1981 4.2 5.4 5.9 4.3 3.3 6.2 11.0 Percent change Percent change Percent change Percent change 100.0 105.4 111.5 116.1 100.0 103.6 108.8 114.7 1967 1968 1969 1970 Other goods and services Transportation Percent change Percent change Percent change Percent change Apparel and upkeep Housing 4.0 6.2 5.2 4.9 5.8 3.9 7.2 8.4 8.8 20. Consumer Price Index for All Urban Consumers and revised CPI for Urban Wage Earners and Clerical Workers, U.S. city average— general summary and groups, subgroups, and selected items [1967= 100 unless otherwise specified] __________________________________ _ _ _______________ ___________ _ _ _ _ ______________________ Urban Wage Earners and Clerical Workers (revised) All Urban Consumers General summary 1981 1»B2 1981 1982 Apr. Nov. Dec. Jan. Feb. Mar. Apr. Apr. Nov. Dec. Jan. Feb. Mar. Apr. All items...................................................................................... 266.8 280.7 281.5 282.5 283.4 283.1 284.3 266.8 280.4 281.1 282.1 282.9 282.5 283.7 Other goods and services.............................................................. 265.7 284.8 186.4 275.3 287.0 219.2 229.9 269.9 304.2 191.3 289.1 308.2 226.8 245.9 270.5 305.2 190.5 289.8 310.2 227.3 246.7 273.6 306.1 187.3 289.9 313.4 229.2 248.4 275.8 307.3 188.0 288.0 316.2 231.2 250.3 275.6 306.7 191.1 285.1 318.8 232.8 252.2 276.5 309.4 191.9 282.9 321.7 233.9 253.8 266.1 284.3 186.0 276.3 289.1 217.0 227.9 270.3 303.8 1905 290.8 307.1 224.3 242.5 270.8 304.7 189.4 291.5 309.1 224.4 243.5 273.9 305.6 186.5 291.6 312.0 226.1 245.0 276.0 306.7 187.3 289.6 314.9 228.1 247.1 275.9 306.2 190.5 286.6 317.4 229.5 249.3 276.8 309.2 191.2 284.3 320.2 230.5 250.9 Commodities less food and beverages .................................... Nondurables less food and beverages.................................. Durables............................................................................ 250.8 240.0 263.8 221.1 258.0 248,3 266.7 233.2 258.4 248.7 266.7 233.7 258.8 248.0 265.6 233.4 259.5 248.1 265.3 233.7 258.8 247.1 263.4 233.5 258.9 247.0 259.7 235.8 251.2 240.5 266.5 219.3 258.5 249.1 269.0 232.3 258.8 249.3 268.9 232.7 259.3 248.7 267.8 232.4 259.9 248.6 267.5 232.5 259.1 247.5 265.3 232.4 259.2 247.2 261.3 234.8 295.4 204.2 353.3 264.4 309.8 234.4 320.6 215.0 389.2 283.2 333.7 248.7 321.8 216.5 390.4 284.2 335.7 249.5 323.9 217.8 392.4 286.6 339.4 251.7 325.3 218.6 393.7 287.6 342.4 253.0 325.5 219.6 392.5 288.8 345.1 254.0 328.4 220.1 397.3 290.3 348.0 255.3 295.9 203.9 356.2 263.1 312.2 233.8 321.1 214.5 393.6 282.3 332.0 247.2 322.4 216.0 394.8 283.6 334.0 248.0 324.3 217.4 396.5 285.9 337.5 250.0 325.5 218.1 397.7 286.7 340.6 251.3 325.8 219.1 396.6 287.9 343.0 252.4 329.1 219.6 402.3 289.2 345.8 253.8 Services less energy........................................................ 264.2 253.6 238.0 258.1 297.7 265.9 312.8 291.8 255.3 267.7 409.8 255.6 250.1 213.5 458.4 292.7 280.1 264.2 246.2 261.1 300.1 269.5 340.8 316.9 258.3 271.9 414.1 270.4 267.2 223.8 448.2 317.7 280.8 264.9 246.5 261.1 300.7 269.8 342.0 3181 259.1 270.7 414.6 271.1 267.9 224.2 448.0 318.9 281.4 266.1 245.9 260.2 301.0 270.8 344.2 320.0 262.4 269.6 416.4 272.1 268.5 223.7 446.4 320.5 282.1 267.1 246.0 260.1 300.5 271.7 345.7 321.1 265.1 271.7 413.0 273.4 269.5 224.5 440.1 321.9 281.7 267.2 245.2 258.4 296.6 2707 345.7 321.1 263.8 272.0 406.1 273.6 269.8 225.3 424.5 321.5 282.9 267.9 245.0 255.0 291.4 269.3 349.1 324.0 264.5 275.1 395.7 2757 272.2 227.2 406.6 324.5 264.4 254.2 238.6 260.7 299.9 267.3 313.5 292.0 255.0 270.7 414.0 254.7 248.9 212.2 459.3 293.2 280.1 264.6 247.0 263.4 302.0 270.7 341.6 317.5 257.8 273.2 417.3 269.2 2659 223.0 449.0 318.2 280.7 265.2 247.2 263.3 302.5 270.9 342.9 318.7 258.2 271.9 417.6 269.9 266.6 223.3 448.7 319.5 281.3 266.4 246.6 262.4 302.6 271.9 345.0 320.5 261.4 271.1 419.0 270.9 267.1 222.8 447.0 321.0 281.7 267.2 246.6 262.2 302.0 272.8 346.3 321.6 264.0 273.1 415.4 272.1 268.0 223.6 440.7 322.2 281.3 267.3 245.6 260.2 297.8 271.6 346.4 321.6 262.7 273.3 407.9 272.3 268.3 224.5 425.0 321.8 282.5 267.9 245.3 256.6 292.3 270.1 350.2 324.9 263.5 276.4 396.9 274.5 270.9 226.4 406.9 325.2 Purchasing power of the consumer dollar, 1967 - $1 .................... $0,375 $0,356 $0,355 $0,354 $0,353 $0,353 $0,352 $0,375 $0,357 $0,356 $0,354 $0,353 $0,354 $0,352 Household services less rent .............................................. Transportation services........................................................ Other services.................................................................... Special indexes: All items less mortgage interest costs ............................................ Nondurables less food and apparel................................................ Domestically produced farm foods ................................................ All items less food and energy ............................................ Commodities less food and energy.................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 81 M ONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Consumer Prices 20. Continued— Consumer Price Index— U.S. city average [1967=100 unless otherwise specified] All Urban Consumers General summary 1981 Apr. Nov. Urban Wage Earners and Clerical Workers (revised) 1982 Dec, Jan. Feb. 1981 Mar. Apr. Apr. Nov. 1982 Dec. Jan. Feb. Mar. Apr. FOOD AND BEVERAGES .................................................................... 265.7 269.9 270.5 273.6 275.8 275.6 276.5 266.1 270.3 270.8 273.9 276.0 275.9 276.8 Food.................................................................................................... 272.9 277.1 277.8 281.0 283.3 283.0 283.9 273.2 277.4 277.9 281.1 283.4 283.1 284.1 Food at home........................................................................................ Cereals and bakery products ........................................................ Cereals and cereal products (12/77 = 100) .............................. Flour and prepared flour mixes (12/77 = 100).................... Cereal (12/77 = 100)........................................................ Rice, pasta, and cornmeal (12/77 = 100) .......................... Bakery products (12/77 = 100)................................................ White bread ...................................................................... Other breads (12/77 = 100).............................................. Fresh biscuits, rolls, and muffins (12/77 = 100) .................. Fresh cakes and cupcakes (12/77 = 100).......................... Cookies (12/77 = 100)...................................................... Crackers, bread, and cracker products (12/77 = 100) ........ Fresh sweetrolls, coffeecake, and donuts (12/77 = 100) . . . Frozen and refrigerated bakery products and fresh pies, tarts, and turnovers (12/77 = 100) .......... 268.7 268.3 145.4 137.1 147.8 149.5 140.8 233.2 139.5 140.4 142.1 141.2 130.9 141.7 271.0 276.3 149.9 138.4 157.4 149.6 144.9 241.3 142.8 145.2 145.0 146.3 133.1 144.8 271.7 277.7 151.5 137.8 160.2 151.7 145.4 241.5 143.4 145.9 144.9 147.6 134.2 145.4 275.3 279.8 153.0 139.1 163.1 151.1 146.4 243.3 143.9 146.5 147.2 148.1 133.4 146.2 278.0 280.9 154.0 139.1 164.8 152.4 146.8 243.8 143.7 146.4 147.0 149.2 135.4 147.0 277.1 281.3 153.9 139.2 165.2 151.2 147.1 242.3 145.1 148.4 148.0 149.4 135.3 146.3 277.9 281.7 153.6 139.7 165.4 149.6 147.5 242.8 145.2 147.6 148.4 150.2 137.3 146.8 268.2 268.0 146.9 139.2 148.9 151.4 140.1 232.1 141.2 138.7 140.8 141.8 131.1 141.7 270.4 275.5 152.1 140.2 158.9 153.9 143.7 237.6 144.9 141.9 143.2 146.8 133.4 145.8 270.8 276.6 152.5 138.4 162.1 152.9 144.3 237.4 145.3 141.9 143.7 148.4 135.6 147.8 274.4 278.6 153.9 139.6 165.1 152.4 145.3 239.4 145.7 142.5 145.8 148.9 134.7 148.9 277.0 279.8 155.0 139.6 166.8 153.6 145.7 240.0 145.5 142.8 145.8 150.1 136.8 149.3 276.2 280.0 154.8 139.6 167.2 152.4 146.0 238.3 147.0 144.6 146.4 150.2 136.5 148.7 277.0 280.4 154.6 140.1 167.4 150.8 146.3 238.8 147.1 143.8 146.8 151.2 138.7 149.3 144.0 149.2 149.3 151.2 151.5 153.5 153.4 139.0 143.1 143.0 144.7 144.8 146.8 146.5 Meats, poultry, fish, and e gg s........................................................... Meats, poultry, and fish ............................................................ Meats .............................................................................. Beef and veal ................................................................ Ground beef other than canned.................................... Chuck roast................................................................ Round roast................................................................ Rouna steak .............................................................. Sirloin steak................................................................ Other beef and veal (12/77 = 100) ............................ P ork.............................................................................. Bacon ........................................................................ Chops ........................................................................ Ham other than canned (12/77 = 100)........................ Sausage .................................................................... Canned ham .............................................................. Other pork (12/77 = 100) .......................................... Other meats .................................................................. Frankfurters................................................................ Bologna, liverwurst, and salami (12/77 = 100) ............ Other lunchmeats (12/77 = 100) ................................ Lamb and organ meats (12/77 = 100) ........................ Poultry.............................................................................. Fresh whole chicken.................................................... Fresh and frozen chicken parts (12/77 = 100) ............ Other poultry (12/77 = 100) ...................................... Fish and seafood .............................................................. Canned fish and seafood (12/77 = 100)...................... Fresh and frozen fish and seafood (12/77 = 100) ........ Eggs ...................................................................................... 247.7 253.0 251.0 267.4 264.8 281.4 242.8 252.9 261.5 156.1 217.4 209.0 209.2 95.2 277.4 230.1 123.4 255.4 253.5 143.5 127.9 143.1 196.8 198.0 127.5 125.9 359.7 138.8 135.9 184.3 254.2 259.2 259.6 271.5 266.1 282.6 245.0 256.7 262.0 161.1 235.6 238.1 217.0 108.9 298.1 243.1 131.1 260.5 259.9 146.7 132.1 141.7 192.3 190.9 127.3 122.2 358.9 141.5 133.9 194.7 253.7 258.4 258.7 270.5 264.5 282.2 242.6 254.6 260.1 161.0 234.3 237.2 212.4 109.1 299.1 244.3 130.0 260.6 261.0 146.4 132.6 140.7 191.7 190.1 128.1 120.7 359.6 140.7 134.7 198.0 253.7 259.1 257.8 269.4 262.2 279.6 241.6 257.5 258.2 160.9 234.7 235.5 219.2 107.3 297.6 245.4 129.5 258.1 256.7 145.4 132.2 138.6 194.2 193.1 128.5 123.2 373.3 140.6 143.2 189.4 256.8 261.2 260.2 271.5 265.0 285.8 245.3 256.1 257.1 161.4 238.9 245.6 222.1 107.0 300.0 246.1 133.8 258.1 258.0 146.1 131.7 137.7 195.7 196.3 128.9 123.2 373.8 140.9 143.2 205.1 256.9 262.1 261.2 271.7 265.8 284.3 243.0 258.8 260.6 161.5 239.5 249.6 216.3 109.2 305.8 247.6 132.6 262.4 260.5 149.2 133.7 141.0 194.7 195.1 127.5 123.9 376.3 141.0 144.7 195.2 258.3 264.2 263.6 274.8 266.9 285.4 244.9 262.8 271.1 163.7 241 6 255.9 223.4 105.4 305.7 245.6 135.2 262.8 259.5 150.2 133.2 142.6 193.3 194.1 127.6 121.3 382.0 141.5 147.9 186.9 247.1 252.2 250.7 269.5 269.0 291.8 247.5 251.3 262.7 154.9 216.7 210.0 206.3 92.6 280.1 230.8 123.8 253.4 252.8 142.6 126.4 143.8 194.6 194.1 125.8 126.3 353.7 136.6 133.6 185.5 254.0 258.8 259.3 272.2 268.0 292.6 248.2 254.8 260.7 159.2 235.9 242.9 216.2 106.6 299.2 247.0 130.9 259.9 260.9 145.9 130.6 144.6 190.6 188.5 126.5 121.5 356.6 141.0 132.7 196.7 253.1 257.7 257.9 270.9 265.8 291.5 245.9 252.2 260.7 159.1 233.8 240.5 211.0 106.3 300.0 247.7 129.2 259.7 260.0 146.3 130.6 143.9 189.5 187.8 126.3 119.8 358.6 140.2 134.4 198.8 253.3 258.6 257.3 270.1 263.7 288.5 244.7 256.1 258.9 159.3 234.4 239.3 217.6 104.8 298.8 249.0 128.8 257.3 256.1 145.4 130.2 141.4 192.4 190.9 126.9 123.0 372.4 140.0 143.0 190.6 256.4 260.7 259.7 272.2 266.3 295.0 248.9 254.4 257.8 159.7 238.5 249.3 220.2 1047 301.0 249.9 133.1 2574 257.1 146.2 129.7 141.0 193.8 194.4 127.1 122.6 373.2 140.4 143.2 206.1 256.4 261.5 260.6 272.3 266.9 293.1 245.9 256.4 262.2 159.8 238.9 253.3 214.7 106.5 306.6 251.2 131.7 261.7 260.0 149.4 131.7 144.2 192.8 192.8 125.9 123.3 375.5 140.5 144.6 196.3 257.8 263.6 262.8 275.3 267.9 294.1 247.9 260.8 272.4 162.1 241.0 259.7 221.7 102.8 306.3 248.9 134.5 261.8 258.4 150.3 131.2 145.6 191.5 192.0 125.9 120.8 381.4 140.8 148.0 187.9 Dairy products.......................................................................... Fresh milk and cream (12/77 = 100) ................................ Fresh whole m ilk............................................................ Other fresh milk and cream (12/77 = 100)...................... Processed dairy products (12/77 = 100)............................ Butter............................................................................ Cheese (12/77 = 100) .................................................. Ice cream and related products (12/77 = 100)................ Other dairy products (12/77 = 100)................................ 243.5 134.6 220.4 134.5 142.0 244.3 140.6 146.7 135.7 245.0 134.9 220.8 134.9 143.5 248.0 141.1 149.3 138.7 245.5 135.2 221.2 135.3 143.9 248.7 141.0 150.3 139.7 245.8 135.1 221.2 135.1 144.4 249.3 142.0 150.8 138.4 246.5 135.5 221.5 135.8 144.8 248.9 142.8 150.0 140.0 246.5 135.3 221.7 135.1 144.9 250.1 143.3 149.5 139.5 247.5 135.9 222.2 136.2 145.6 250.1 143.7 150.9 139.9 243.8 134.7 220.2 135.2 142.6 247.7 140.5 147.8 136.1 244.7 134.6 220.1 134.9 144.0 250.2 141.1 149.4 140.2 244.9 134.6 220.2 134.9 144.2 251.3 141.3 149.4 140.5 245.2 134.6 220.2 134.7 144.7 252.0 142.3 149.9 139.1 245.8 134.9 220.5 135.5 145,1 251.4 143.1 149.1 140.8 245.9 134.8 220.8 134.6 145.3 252.7 143.6 148.9 140.3 246.8 135.3 221.3 135.7 145.9 252.7 144.0 150.2 140.8 Fruits and vegetables .............................................................. Fresh fruits and vegetables ................................................ Fresh fruits .................................................................... Apples........................................................................ Bananas .................................................................... Oranges .................................................................... Other fresh fruits (12/77 = 100).................................. Fresh vegetables............................................................ Potatoes .................................................................... Lettuce ...................................................................... Tomatoes .................................................................. Other fresh vegetables (12/77 = 100) ........................ 281.9 296.4 271.6 231.1 266.8 287.5 147.1 319.6 378.1 226.9 375.3 170.0 272.0 267.8 276.1 248.7 249.4 314.0 144.7 260.1 286.3 257.1 206.9 145.0 276.4 274.9 269.6 261.2 254.9 280.6 141.0 279.8 286.8 343.1 204.6 150.4 294.7 308.0 276.7 273.0 253.5 283.1 145.9 337.3 288.8 514.4 245.6 174.8 301.5 319.6 291.2 279.5 251.0 313.1 154.5 346.2 297.4 408.9 288.5 199.1 293.1 302.1 297.8 288.7 263.0 316.3 157.2 306.1 301.0 270.9 258.1 185.0 294.0 304.1 306.7 287.5 268.5 330.8 163.4 301.8 306.1 355.2 220.5 166.3 280.0 294.5 268.6 232.1 262.2 274.3 147.6 318.0 369.8 231.5 370.7 170.0 268.1 261.9 266.0 249.1 248.3 286.0 139.7 258.2 281.5 247.4 209.7 145.8 272.6 269.4 260.5 261.2 252.8 252.8 136.7 277.6 280.0 342.7 207.8 149.1 291.3 303.1 267.0 272.6 251.1 255.1 141.0 335.8 282.7 515.8 248.8 173.9 297.4 313.4 280.1 279.9 247.9 281.1 149.0343.5 291.5 408.0 293.2 197.2 289.1 296.1 287.3 288.5 261.1 285.9 151.8 304.2 294.8 271.3 261.8 184.0 290.3 298.9 295.5 287.8 266.1 300.2 157.6 302.0 300.8 358.6 224.9 166.7 Processed fruits and vegetables ........................................ Processed fruits (12/77 = 100) ...................................... Frozen fruit and fruit juices (12/77 = 100).................... Fruit juices other than frozen (12/77 = 100) ................ Canned and dried fruits (12/77 = 100) ........................ Processed vegetables (12/77 = 100).............................. Frozen vegetables (12/77 = 100)................................ 268.5 141.0 1428 144.5 135.6 128.9 128.3 279.2 145.1 144.9 148.6 141.6 135.4 137.4 280.6 145.0 142.3 149.5 142.6 136.9 139.1 282.7 146.4 143.5 151.4 143.6 137.6 140.7 284.2 147.9 147.8 151.5 144.3 137.7 141.7 285.8 149.0 149.2 152.4 145.3 138.2 142.0 285.5 148.2 147.1 151.5 145.6 138.6 144.0 266.1 140.1 140.2 143.2 136.6 128.1 129.1 277.3 144.6 144.1 147.4 141.8 134.7 139.2 278.4 144.5 141.2 148.3 143.0 135.7 140.2 280.6 146.0 142.8 150.1 144.0 136.5 141.8 282.0 147.4 146.6 150.3 144.8 136.6 143.1 283.7 148.6 148.2 151.4 145.9 137.2 143.4 283.3 147.7 146.1 150.4 146.2 137.5 145.3 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 20. Continued— Consumer Price Index— U.S. city average [1967= 100 unless otherwise specified] All Urban Consumers General summary 1981 Urban Wage Earners and Clerical Workers (revised) 1982 1981 1982 Apr. Nov. Dec. Jan. Feb. Mar. Apr. Apr. Nov. Dec. Jan. Feb. Mar. Apr. 130.2 128.7 324.7 375.8 144.1 195.5 139.8 270.1 256.1 182.4 129.8 414.4 298.0 141.8 356.7 339.5 133.5 251.2 129.3 142.3 145.6 139.9 139.2 136.7 135.1 138.3 133.1 326.0 359.1 149.3 155.2 144.9 262.2 255.2 163.0 129 8 413.4 298.8 141.4 341.0 330.8 136.4 262.7 133.4 146.5 152.5 148.9 145.0 144.8 141.8 138.9 134.8 325.6 359.3 149.9 153.4 146.1 261.1 255.7 160.1 129.7 412.5 2981 139.3 344.4 332.0 137.0 262.8 133.7 145.9 152.2 148.8 144.6 145.8 142.5 139.9 135.0 328.7 361.6 150.1 155.6 147.1 261.6 257.8 157.7 130.5 418.7 302.4 141.9 353.3 336.9 138.0 264.6 134.3 147.8 152.6 149.7 146.4 146.9 142.5 140.7 134.1 330.7 364.2 150.0 160.0 146.9 260.5 256.7 157.8 129.8 423.4 304.6 143.8 364.4 342.8 138.4 265.3 135.9 146.2 153.4 151.3 146.9 147.0 143.0 141.2 134.8 331.7 365.5 150.3 161.0 147.4 259.6 256.7 156.1 129.5 424.8 306.6 143.4 366.6 343.6 138.9 266.5 135.6 147.0 153.4 153.2 148.2 147.7 143.2 140.5 135 0 331.6 365.3 150.9 159.9 147.2 260.4 259.6 157.3 129.0 424.1 304.9 143.4 369.6 3434 138.7 266.6 135.7 147.2 152.9 153.6 148.7 147.6 143.3 129.0 127.1 325.4 377.8 145.1 196.0 138.7 270.4 256.1 182.3 129.7 415.8 294.9 139.8 352.5 340.9 133.5 252.4 129.8 139.8 148.1 138.7 141.7 137.7 135.9 136.0 131.8 327.0 359.0 148.9 157.0 143.1 263.1 254.9 163.0 130.4 415.2 296.1 139.3 337.3 333.2 136.4 264.5 136.1 145.1 155.6 147.4 146.5 145.2 143.0 136.5 133.2 326.4 359.3 149.9 154.6 144.2 261.0 254.9 158.5 130.1 414.2 295.7 137.2 340.1 331.6 137.1 264.4 135.7 145.3 154.2 147.7 146.2 145.8 143.9 137.5 133.5 329.6 361.6 150.0 157.0 145.2 261.5 257.2 156.0 131.0 420.5 300.0 139.7 348.8 336.5 138.2 266.3 136.4 147.4 154.6 148.6 148.0 147.0 143.9 138.3 132.6 331.5 364.1 149.8 161.3 145.1 260.6 256.1 156.3 130.2 425.0 302.0 141.7 359.9 342.5 138.6 266.9 137.9 145.6 155.2 150.3 148.4 147.1 144.5 138.8 133.3 332.6 365.4 150.1 162.4 145.5 259.7 256.1 154.4 130.0 426.6 303.8 141.4 362.2 343.4 139.1 268.1 137.8 146.5 155.4 152.2 149.9 147.9 144.5 137.9 133.5 332.6 365.2 150.8 161.1 145.3 260.4 259.1 155.6 129.5 426.0 302.4 141.5 365.0 343.0 138.9 268.3 137.8 146.7 155.0 152.7 150.4 147.7 144.6 Food away from home.............................................................. Lunch (12/77=100) .................................................. Dinner (12/77=100) .......................................................... Other meals and snacks (12/77=100)............................................ 288.2 140.7 139.4 138.8 297.2 144.4 143.6 144.6 297.7 144.6 144.0 144.7 299.8 146.1 144.8 145.4 301.2 146.6 145.2 146.9 302.4 147.0 145.7 147.9 303.6 147.5 146.3 148.6 290.7 141.4 141.1 140.1 299.6 145.6 145.1 145.1 300.7 146.3 145.6 145.4 302.8 147.7 146.4 146.2 304.2 148.2 146.8 147.6 305.4 148.6 147.3 148.7 306.7 149.1 147.9 149.3 Alcoholic beverages .................................................... 197.8 202.3 202.7 204.0 205.6 206.6 207.4 199.4 204.6 204.9 206.0 207.6 208.8 209.5 Alcoholic beverages at home (12/77=100) ....................................... Beer and a le .................................................................... Whiskey ........................................................ Wine.......................................... Other alcoholic beverages (12/77=100)............................................ Alcoholic beverages away from home (12/77=100)................................ 128.5 199.7 141.3 224.7 114.9 131.6 131.2 204.0 144.8 227.5 117.3 135.7 131.4 204.1 145.0 230.0 117.3 135.8 132.2 205.0 145.9 232.2 117.5 137.0 133.3 207.4 146.8 234.2 117.8 137.6 134.0 209.2 147.0 235.3 118.1 138.2 134.6 210.5 147.2 236.4 118.2 138.4 130.0 199.8 142.3 233.2 114.1 130.6 132.8 203.6 146.2 237.4 116.8 136.6 132.8 203.5 145.9 238.0 117.4 137.3 133.4 204.3 146.8 239.8 117.5 138.6 134.6 206.5 147.7 241.6 117.8 139.1 135.4 208.3 147.8 243.3 118.0 139.7 136.0 209.6 148.0 244.4 118.0 139.9 307.3 306.7 309.4 284.3 303.8 304.7 305.6 306.7 306.2 309.2 FOOD AND BEVERAGES - Continued Food — Continued Food at home— Continued Fruits and vegetables — Continued Cut com and canned beans except lima (12/77=100) . . . . Other canned and dried vegetables (12/77=100).............. Other foods at hom e............................................ Sugar and sweets...................................... Candy and chewing gum (12/77=100) ................................ Sugar and artificial sweeteners (12/77=100)........................ Other sweets (12/77=100) .................................... Fats and oils (12/77=100) .............................................. Margarine ................................................................ Nondairy substitutes and peanut butter (12/77=100) ............ Other fats, oils, and salad dressings (12/77=100) ................ Nonalcoholic beverages ............................................ Cola drinks, excluding diet c o la .......................................... Carbonated drinks, including diet cola (12/77=100).............. Roasted coffee .................................................. Freeze dried and instant coffee.......................................... Other noncarbonated drinks (12/77=100)............................ Other prepared foods .................................................. Canned and packaged soup (12/77=100)............................ Frozen prepared foods (12/77=100).................................... Snacks (12/77=100).............................................. Seasonings, olives, pickles, and relish (12/77=100).............. Other condiments (12/77=100) .......................................... Miscellaneous prepared foods (12/77 = 100) ........................ Other canned and packaged prepared foods (12/77=100) . . . HOUSING.................................................................. 284.8 304.2 305.2 306.1 Shelter.......................................................... 303.8 327.2 328.0 328.3 329.5 327.6 331.4 304.6 328.5 329.3 329.4 330.3 328.5 332.8 Rent, residential.......................................... 204.2 215.0 216.5 217.8 218.6 219.6 220.1 203.9 214.5 216.0 217.4 218.1 219.1 219.6 Other rental costs ........................................................ Lodging while out of town........................................ Tenants’ insurance (12/77=100) ........................................ 285.9 307.5 131.2 305.3 318.6 140.4 306.3 319.9 140.7 313.6 331.1 141.8 316.9 335.9 143.5 320.1 340.9 144.1 323.7 346.6 144.9 285.8 306.0 131.6 305.0 317.9 140.3 305.3 318.0 140.6 312.3 328.4 142.0 315.6 333.0 143.6 318.9 337.9 144.3 322.8 343.9 144.7 Homeownership............................................ Home purchase...................................................................... Financing, taxes, and insurance ........................................................ Property insurance .......................................................... Property taxes ...................................................................... Contracted mortgage interest co s t.............................................. Mortgage interest rates........................................................ Maintenance and repairs .......................................................... Maintenance and repair services ................................................ Maintenance and repair commodities .......................................... Paint and wallpaper, supplies, tools, and equipment (12/77=100) .................................................. Lumber, awnings, glass, and masonry (12/77=100).............. Plumbing, electrical, heating, and cooling supplies (12/77=100)...................................................... Miscellaneous supplies and equipment (12/77=100) ............ 339.3 260.7 447.1 378.5 199.9 579.8 219.5 309.3 337.0 244.4 367.2 270.2 505.6 393.3 208.0 666.8 244.1 322.8 353.8 249.7 367.8 270.5 506.3 394.1 210.7 666.6 243.9 324.1 355.4 250.3 367.5 269.3 506.0 393.0 212.9 665.2 244.4 326.7 358.2 252.5 368.7 270.4 507.2 393.7 215.1 666.1 243.9 328.2 359.4 254.6 365.7 269.2 500.9 394.1 216.6 655.5 240.7 327.2 357.8 255.0 370.6 272.3 508.4 393.6 217.2 667.1 242.1 331.6 363.6 256.2 341.1 259.7 452.6 382.5 201.7 580.9 220.3 304.5 334.1 239.7 369.8 268.6 511.9 395.5 210.0 667.7 245.3 319.8 354.9 244.5 370.4 268.7 512.9 396.5 212.5 668.1 245.3 321.0 356.5 244.9 369.9 267.4 512.2 395.6 214.5 666.3 245.7 323.3 359.2 246.4 370.8 268.3 513.2 396.0 217.2 666.6 245.4 324.6 360.1 248.2 367.9 267.1 507.0 396.5 218.5 656.4 242.3 323.7 358.6 248.6 373.6 270.5 516.0 396.0 219.1 670.2 244.4 328.3 365.0 249.7 143.4 124.3 146.5 124.1 147.3 124.3 149.4 124.6 150.9 124.6 151.8 123.9 153.1 124.5 136.8 123.1 140.0 121.8 140.5 121.6 142.3 121.9 143.7 121.7 144.7 121.2 145.8 121.9 127.9 126.4 133.1 131.6 131.5 132.5 131.9 133.6 133.8 134.8 133.4 135.1 133.4 135.6 127.9 129.9 132.4 134.2 131.6 134.7 131.8 135.7 133.4 136.9 133.1 137.1 133.1 137.4 Fuel and other utilities................................................................ 310.5 329.8 331.8 336.2 337.1 339.3 339.2 311.4 330.9 332.7 337.0 337.9 340.2 340.3 Fuels ............................................................................ Fuel oil, coal, and bottled gas............................................................ Fuel o il...................................................................................... Other fuels (6/78 = 100) .......................................................... Gas (piped) and electricity ................................................................ Electricity.................................................................................. Utility (piped) gas ...................................................................... 396.5 690.6 727.0 162.5 330.6 277.3 399.4 417.6 420.0 676.1 682.5 706.8 713.5 167.7 169.4 358.3 359.9 298.6 ' 300.3 437.0 438.2 426.9 686.0 716.8 170.9 367.4 306.6 447.2 427.6 683.1 713.8 170.0 368.7 306.8 450.8 430.5 664.0 692.3 168.0 375.9 313.3 458.6 428.2 641.3 666.2 166.4 377.8 312.8 465.3 396.2 693.7 729.4 164.2 329.6 276.8 397.2 417.4 679.3 709.6 169.1 357.5 297.7 436.0 419.6 685.5 716.0 170.8 358.8 299.3 436.4 426.2 688 9 719.3 172.1 366.0 305.3 445.2 426.8 686.0 716.3 171.4 367.3 305.5 448.7 429.9 666.7 694.4 169.5 374.8 312.3 456.6 427.8 644.0 668.4 167.9 376.8 311.8 463.6 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 83 M ONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Consumer Prices 20. Continued— Consumer Price Index— U.S. city average [1967 = 100 unless otherwise specified] Urban Wage Earners and Clerical Workers (revised) All Urban Consumers General summary 1982 1981 1982 1981 Apr. Nov. Dec. Jan. Feb. Mar. Apr. Apr. Nov. Dec. Jan. Feb. Mar. Apr. Other utilities and public services ............................................................ Telephone services .......................................................................... Local charges (12/77 - 100) .................................................... Interstate toll calls (12/77 = 100) .............................................. Intrastate toll calls (12/77 = 100) .............................................. Water and sewerage maintenance .................................................... 175.1 143.4 114.8 101.8 101.4 278.4 190.7 155.6 123.5 116.7 105.3 306.1 191.9 156.8 124.4 116.7 107.1 307.4 192.7 157.2 124.0 116.8 109.2 309.8 193.9 157.9 125.3 116.6 109.1 313.3 195.0 158.5 125.6 117.7 109.0 316.9 197.7 160.8 127.9 119.9 108.9 320.7 175.4 143.4 114.9 101.9 101.2 280.3 191.0 155.8 123.8 116.8 105.0 307.9 192.2 156.9 124.6 116.8 106.9 309.4 193.1 157.3 124.2 116.9 109.0 312.2 194.3 158.0 125.4 116.7 108.8 315.7 195.4 158 6 125.7 117.8 108.7 319.7 198.2 161.0 128.1 120.2 108.7 323.6 Household furnishings and operations ................................................ 219.2 227.2 227.7 228.4 230.2 231.6 232.6 215.9 223.6 224.2 224.9 226.7 228.0 229.1 Housefurnishings .................................................................................... Textile housefurnishings.................................................................... Household linens (12/77 = 100) ................................................ Curtains, drapes, slipcovers, and sewing materials (12/77 = 100) . Furniture and bedding ...................................................................... Bedroom furniture (12/77 = 100) .............................................. Sofas (12/77 = 100) ................................................................ Living room chairs and tables (12/77 - 100) .............................. Other furniture (12/77 = 100).................................................... Appliances including TV and sound equipment.................................... Television and sound equipment (12/77 - 100) .......................... Teievisior .......................................................................... Sound equipment (12/77 = 100) ........................................ Household appliances................................................................ Refrigerators and home freezers.......................................... Laundry equipment (12/77 = 100) ...................................... Other household appliances (12/77 - 100).......................... Stoves, dishwashers, vacuums, and sewing machines (12/77 = 100).............................................. Office machines, small electric appliances, and air conditioners (12/77 = 100)................................ Other household equipment (12/77 = 100)........................................ Floor and window coverings, infants’, laundry, cleaning, and outdoor equipment (12/77 = 100) ...................... Clocks, lamps, and decor items (12/77 = 100) .......................... Tableware, serving pieces, and nonelectric kitchenware (12/77 = 100) .................................................... Lawn equipment, power tools, and other hardware (12/77 = 100) . 183.9 200.5 123.0 127.1 203.7 134.5 116.5 116.6 133.4 145.3 108.6 106.0 112.1 170.4 170.6 126.1 116.6 189.4 211.7 130.8 133.1 209.2 139.6 118.7 118.8 137.1 148.2 109.0 104.8 113.9 176.1 178.7 130.7 119.4 189.2 211.2 128.8 134.7 209.7 138.6 119.4 119.0 138.4 147.9 108.9 104.7 113.7 175.9 179.9 130.5 118.7 189.8 210.1 127.3 134.8 209.5 139.7 117.3 118.9 138.5 148 8 108.8 104.4 113.8 178.0 180.8 132.2 120.6 191.4 216.0 131.0 138.5 209.4 140.5 116.4 118.6 138.1 149.9 109.2 104.5 114.5 179.7 182.6 133.5 121.6 192.7 217.7 134.7 136.7 212.1 140.8 118.0 121.6 140.5 150.1 109.1 104.7 114.0 180.3 183.7 133.3 122.2 193.8 218.7 135.8 136.9 214.7 142.3 119.3 123.2 142.3 150.6 108.7 104.2 113.7 182.1 184.8 136.4 122.9 181.6 202.9 125.0 128.2 200.0 130.7 114.9 117.6 130.1 144.2 107.1 104.7 110.2 169.9 174.7 125.7 114.4 187.3 214.7 131.9 136.1 205.3 135.2 118.8 118.9 133.1 147.7 108.3 103.6 113.4 175.9 182.7 130.8 117.4 187.1 213.9 129.9 137.4 206.0 135.2 119.5 119.1 134.0 147.5 108.0 103.3 112.9 176.0 185.3 130.3 116.8 187.7 212.5 128.6 137.0 205.9 136.5 117.6 119.0 133.9 148.5 107.9 103.1 113.0 178.1 186.1 132.4 118.5 189.3 218.5 132.1 141.0 205.5 137.1 116.5 118.8 133.4 149.6 108.4 103.3 113.8 179.9 187.9 133.8 119.7 190.4 219.9 135.6 138.7 208.2 137.2 118.2 121.8 135.8 149.7 108.2 103.5 113.2 180.4 189.3 133.5 120.0 191.7 221.4 137.0 139.1 211.0 138.9 119.6 123.3 137.9 150.3 107.7 103.0 112.8 182.3 190.6 136.6 120.7 115.8 118.7 117.9 119.4 121.0 121.9 122.3 113.9 116.8 116.2 117.4 118.9 119.3 119.7 122.5 137.3 123.5 137.8 115.0 127.9 118.1 132.4 117.3 131.9 119.7 132.9 120.5 134.7 120.7 135.3 121.8 135.6 HOUSING Continued Fuel and other utilities — Continued 117.4 130.0 120.1 134.4 119.6 134.0 121.9 134.9 122.4 136.7 131.4 125.6 136.1 129.5 135.9 128.4 136.3 128.6 139.1 129.8 140.9 129.0 140.3 130.2 124.4 1209 129.7 125.2 128.3 124,7 128.6 124.8 131.0 126.0 133.3 125.4 132.9 126.5 137.1 121.5 141.2 126.9 141.0 126.3 142.3 127.8 143.3 130.3 143.1 132.1 145.0 130.8 134.1 125.9 137.5 131.6 137.1 131.5 138.2 133.2 139.5 135.5 139.0 137.3 140.6 136.0 Housekeeping supplies............................................................................ Soaps and detergents ...................................................................... Other laundry and cleaning products (12/77 = 100) .......................... Cleansing and toilet tissue, paper towels and napkins (12/77 = 100) .. Stationery, stationery supplies, and gift wrap (12/77 = 100) .............. Miscellaneous household products (12/77 = 100).............................. Lawn and garden supplies (12/77 = 100).......................................... 266.9 259.4 131.0 138.4 123.1 138.1 139.1 275.4 269.7 137.3 143.6 128.5 143.0 136.8 277.4 271.6 138.8 144.5 128.8 145.4 136.7 279.1 275.5 139.6 145.1 128.8 146.2 137.1 282.4 278.0 141.0 145.7 130.4 146.9 141.8 284.2 279.5 142.1 145.7 130.7 147.5 144.7 284.9 2800 142.7 146.4 131.4 147.5 144.7 263.4 256.7 130.4 138.5 124.8 134.5 131.1 271.9 265.2 137.0 143.9 131.3 137.4 129.6 274.1 268.0 137.5 144.4 131.6 140.4 129.4 275.7 272.0 138.4 145.1 131.7 141.2 129.2 278.8 274,4 139.8 145.6 133.4 141.8 134.1 280.4 275.7 140.9 145.4 133.8 142.4 136.7 281.2 276.3 141.6 146.2 134.6 142.4 136.8 Housekeeping services............................................................................ Postage .......................................................................................... Moving, storage, freight, household laundry, and drycleaning services (12/77 = 100) .............................................. Appliance and furniture repair (12/77 = 100) .................................... 289.9 308.0 305.2 337.5 306.9 337.5 307.4 337.5 308.1 337.5 309.9 337.5 310.4 337.5 288.6 308.1 303.9 337.5 305.4 337.5 305.9 337.5 306.8 337.5 308.2 337.5 309.2 337.5 140.7 125.2 147.0 132.2 147.8 133.0 148.4 133.6 149.4 134.2 150.8 135.0 152.1 135.6 140.2 124.3 146.7 131.2 147.6 131.6 148.0 132.2 149.1 132.8 150.6 133.5 152.2 134.1 APPAREL AND UPKEEP........................................................................ 186.4 191.3 190.5 187.3 188.0 191.1 191.9 186.0 190.5 189.4 186.5 187.3 190.5 191.2 Apparel commodities............................................................................ 177.6 181.8 180.7 177.0 177.6 180.8 181.4 177.5 181.5 180.1 176.7 177.4 180.8 181.3 Apparel commodities less footwear.................................................... Men’s and boys’ .............................................................................. Men's (12/77 = 100) ................................................................ Suits, sport coats, and jackets (12/77 = 100) ...................... Coats and jackets (12/77 = 100)........................................ Furnishings and special clothing (12/77 = 100) .................... Shirts (12/77 = 100) .......................................................... Dungarees, jeans, and trousers (12/77 = 100) .................... Boys’ (12/77 = 100) ................................................................ Coats, jackets, sweaters, and shirts (12/77 = 100) .............. Furnishings (12/77 = 100).................................................. Suits, trousers, sport coats, and jackets (12/77 = 100) ........ Women’s and girls’ .......................................................................... Women’s (12/77 = 100)............................................................ Coats and jackets .............................................................. Dresses .............................................................................. Separates and sportswear (12/77 = 100)............................ Underwear, nightwear, and hosiery (12/77 = 100)................ Suits (12/77 = 100)............................................................ Girls’ (12/77 = 100).................................................................. Coats, jackets, dresses, and suits (12/77 = 100).................. Separates and sportswear (12/77 = 100)............................ Underwear, nightwear, hosiery, and accessories (12/77 = 100).............................................. 174.0 175.6 110.5 104.1 98.1 127.5 117.0 105.4 114.5 107.2 121.5 117.4 158.8 105.0 157.6 167.8 100.2 119.3 91.6 108.6 106.4 106.8 177.9 183.6 115.9 109.9 102.8 133.6 123.0 109.8 118.0 111.6 127.0 119.3 160.6 106.3 164.0 165.0 101.1 124.1 89.5 109.2 100.3 111.3 176.6 181.6 114.5 106.4 101.4 134.2 122.7 108.5 117.2 109.9 127.5 118.8 159.6 105.8 161.8 164.0 100.7 124.8 87.7 107.7 98.4 108.9 172.8 178.7 112.9 104.3 96.4 133.6 120.7 108.2 114.6 104.7 127.3 117.2 154.3 102.3 158.4 153.1 96.7 124.0 84.2 104.4 93.4 106.3 173.4 179.3 113.0 104.8 95.8 134.7 119.3 108.6 116.0 105.9 128.2 119.1 154.7 102.9 156.4 152.8 96.3 126.2 87.0 102.7 92.6 103.4 176.8 181.7 114.5 107.2 98.1 136 8 119.9 108.6 117.8 109.4 128.7 120.1 160.3 106.8 162.0 163.1 100.3 127.1 92.7 105.6 98.2 104.6 177.4 183.1 115.5 107.6 99.1 138.2 121.3 109.7 118.3 111.2 130.3 119.0 160.9 107.1 163.4 166.6 100.1 127.4 89.4 106.4 98.8 105.4 173.9 176.1 110.9 98.3 99.6 122.7 119.5 111.5 113.9 110.9 118.2 114.8 160.7 106.7 156.8 159.8 102.6 119.1 108.0 107.8 101.3 109.5 177.3 183.2 115.9 102.0 105.1 129.8 125.4 115.5 116.5 112.8 123.3 116.9 162.1 107.6 166.3 151.9 101.9 124.0 108.5 108.4 99.9 110.2 175.6 181.7 115.0 99.5 104.1 130.6 125.3 114.1 115.4 110.9 123.5 115.9 160.7 107.1 167.3 149.5 101.3 124.5 106.0 106.0 96.1 107.5 172.2 178.6 113.3 97.8 97.6 129.8 123.3 113.6 112.9 105.3 123.3 114.7 156.4 103.9 161.6 140.7 97.3 123.7 104.0 104.2 91.2 108.2 173.0 179.4 113.5 98.2 97.2 131.1 121.8 114.1 114.3 106.3 124.2 116.7 157.1 104.8 163.1 140.9 96.8 126.0 105.6 103.1 91.5 106.0 176.6 181.6 114.7 100.4 99.7 133.1 122.3 114.2 116.1 109.7 124.7 117.8 163.0 109.0 173.1 148.1 101.2 126.9 114.1 106.0 97.2 106.9 177.1 182.9 115.7 101.1 100.7 134.5 123.4 115.1 116.5 111.5 126.0 116.8 163.4 109.1 172.9 151.1 101.0 127.3 111.0 106.9 97.6 107.6 115.5 120.0 120.7 119.2 118.0 119.6 122.0 115.4 119.0 119.5 118.2 117.0 118.7 121.0 Digitized84 for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 20. Continued— Consumer Price Index— U.S. city average [1967 = 100 unless otherwise specified] All Urban Consumers General summary 1981 Urban Wage Earners and Clerical Workers (revised) 1982 1981 1982 Apr. Nov. Dec. Jan. Feb. Mar. Apr. Apr. Nov. Dec. Jan. Feb. Mar. Apr. Apparel commodities less footwear — Continued Infants’ and toddlers’ ...................................................................... Other apparel commodities ............................................................ Sewing materials and notions (12/77 = 100) ............................ Jewelry and luggage (12/77 = 100) ........................................ 259.2 214.1 114.8 148.4 264.9 214.8 118.6 147.5 259.4 214.5 118.3 147.4 259.6 212.9 116.2 146.7 262.2 214.3 117.6 147.4 264.7 212.7 118.1 145.7 267.0 210.8 118.5 143.8 269.3 205.6 114.3 141.4 274.1 206.1 116.4 141.0 270.6 203.2 116.2 138.4 270.1 201.4 114.3 137.5 271.4 202.8 115.9 138.1 275.4 201.6 116.5 136.7 278.2 199.5 116.9 134.5 Footwear .............................................................................................. Men’s (12/77 = 100) .................................................................... Boys’ and girls’ (12/77 = 100) ...................................................... Women’s (12/77 = 100)................................................................ 199.3 126.8 128.2 121.3 205.4 130.3 132.1 125.2 205.7 130.7 132.1 125.4 202.8 130.3 130.1 122.6 202.8 130.7 129.5 122.7 204.9 132.5 129.2 124.7 205.6 132.3 130.4 125.1 198.4 128.0 126.7 119.3 206.2 132.3 134.0 122.9 205.9 132.5 134.8 121.6 203.1 132.2 132.5 118.9 203.3 132.6 132.3 119.0 205.2 134.5 132.1 120.8 206.1 134.4 133.6 121.1 Apparel services .............................................................. Laundry and drycleaning other than coin operated (12/77 = 100)............ Other apparel services (12/77 = 100) .................................................. 254.3 150.9 134.5 264.6 158.2 137.9 266.4 159.2 139.1 267.6 160.0 139.4 269.4 161.4 139.8 271.3 162.4 141.1 273.4 163.5 142.5 252.7 150.4 134.0 262.3 156.3 138.6 264.4 157.8 139.6 265.5 158.5 139.9 267.2 159.9 140.3 269.0 160.9 141.5 271.0 162.0 142.7 TRANSPORTATION .......................................................................... 275.3 289.1 289.8 289.9 288.0 285.1 282.9 276.3 290.8 291.5 291.6 289.6 286.6 284.3 Private.................................................................................... 273.4 285.8 286.5 286.6 284.5 281.3 278.8 275.1 288.3 289.0 289.0 286.9 283.7 281.2 New cars ............................................................................................ Used cars ............................................................................................ Gasoline .............................................................................................. Automobile maintenance and repair........................................................ Body work (12/77 = 100).............................................................. Automobile drive train, brake, and miscellaneous mechanical repair (12/77 = 100) ................................................ Maintenance and servicing (12/77 = 100) ...................................... Power plant repair (12/77 = 100) .................................................. Other private transportation .................................................................. Other private transportation commodities ........................................ Motor oil, coolant, and other products (12/77 = 100) ................ Automobile parts and equipment (12/77 = 100)........................ Tires ................................................................................ Other parts and equipment (12/77 = 100) ........................ Other private transportation services................................................ Automobile insurance .............................................................. Automobile finance charges (12/77 = 100) .............................. Automobile rental, registration, and other fees (12/77 = 100) . . . State registration .............................................................. Drivers’ licenses (12/77 = 100) ........................................ Vehicle inspection (12/77 = 100) ...................................... Other vehicle-related fees (12/77 = 100) .......................... 186.1 239.1 419.3 289.0 1408 195.3 281.4 409.5 302.8 149.9 197.0 281.9 408.4 304.1 150.6 197.4 280.5 406.0 305.5 151.5 195.5 279.7 399.1 307.7 153.7 194.4 280.9 383.9 310.2 154.5 196.0 285.1 366.7 311.9 155.0 186.2 239.1 420.8 289.7 140.7 195.2 281.4 410.9 303.4 148.3 196.9 281.9 409.8 304.8 148.9 197.3 280.5 407.5 306.2 149.8 195.3 279.7 400.6 308.4 152.1 194.2 280.9 385.4 311.1 152.7 195.9 285.2 368.2 312.8 153.3 138.0 135.5 137.8 236.3 208.1 143.5 133.2 185.8 130.1 246.2 255.7 166.5 118.2 146.9 105.5 126.0 138.4 144.2 140.9 144.9 249.5 213.4 148.5 136.4 189.7 134.1 261.5 265.4 188.7 120.7 149.0 110.4 (’ ) 141.3 144.7 141.5 145.6 250.6 214.5 148.7 137.2 191.5 133.9 262.6 266.0 190.5 120.8 149.0 111.9 128.3 141.6 145.7 142.0 146.2 253.3 215.5 148.2 138.1 192.8 134.3 265.8 266.8 190.9 127.6 166.9 117.3 129,2 142.5 146.5 142.7 147.3 253.4 214.8 149.3 137.4 191.3 134.6 266.1 268.1 188.9 128.9 167.1 121.7 129.3 144.8 148.7 143.9 148.0 254.5 215.6 150.2 137.9 191.7 135.7 267.2 2698 188.9 129.7 168.5 122.9 129.3 145.3 149.5 144.5 149.1 255.1 214.9 150.7 137.2 190.1 136.2 268.2 270.4 187.2 133.3 174.2 123.0 129 0 149.5 140.5 135.7 136.7 239.2 210.4 140.5 135.4 189.6 130.8 249.2 255.2 166.3 119.3 147.0 105.2 126.6 147.1 147.3 140.5 144.7 253.0 216.8 146.7 139.2 195.1 134.1 265.1 265.0 187.6 121.1 149.0 110.3 (’ ) 148.6 148.5 141.0 145.1 254.2 216.9 147.2 139.2 195.2 133.9 266.6 265.6 189.9 121.4 149.0 111.9 129.0 149.2 149.5 141.5 145.7 256.9 218.0 146.9 140.0 196.5 134.5 269.7 266.6 190.3 128.4 166.2 117.1 130.5 150.4 150.2 142.3 146.8 256.8 217.3 147.8 139.4 195.1 134.9 269.8 268.0 188.3 129.5 166.5 121.7 130.6 152.4 152.8 143.4 147.5 257.8 218.2 148.7 139.9 195.5 135.9 270.8 269.6 188.2 130.1 167.8 123.0 130.6 152.5 153.7 144.0 148.6 258.2 217.2 149.2 139.2 193.7 136.6 271.6 270.2 186.7 133.7 173.8 123.0 130.4 156.4 APPAREL AND UPKEEP - Continued Apparel commodities — Continued Public.......................................................................... 297.2 333.2 333.8 334.9 336.8 336.7 339.3 287.7 328.2 328.6 329.4 331.0 331.0 333.3 Airline fare............................................................................................ Intercity bus fare .................................................................................. Intracity mass transit ............................................................................ Taxi fare .............................................................................................. Intercity train fare .................................................................................. 348.6 329.1 251.7 279.9 277.2 374.5 362.2 304.4 291.3 319.2 374.7 365.2 304.6 294.7 319.2 375.5 367.3 305.9 296.3 318.1 379.3 365.7 306.7 296.7 314.0 379.0 365.6 306.6 297.2 314.1 382.7 367.0 308.1 297.6 332.1 346.6 329.2 249.8 287.4 277.5 373.1 362.9 303.6 300.4 318.9 372.8 366.1 303.9 304.1 318.9 372.7 368.9 305.1 305.6 317.9 376.3 367.4 305.8 306.1 314.5 c 376.3 367.0 305.7 306.6 314.5 379.8 368.7 307.2 307.3 332.1 MEDICAL CARE .................................................................................. 287.0 308.2 310.2 313.4 316.2 318.8 321.7 289.1 307.1 309.1 312.0 314.9 317.4 320.2 Medical care commodities 182.4 193.1 194.9 195.9 197.7 200.0 202.4 183.4 193.8 195.4 196.4 198.3 200.6 203.0 Prescription drugs ................................................................................ Anti-infective drugs (12/77 = 100).................................................. Tranquilizers and sedatives (12/77 = 100) ...................................... Circulatories and diuretics (12/77 = 100)........................................ Hormones, diabetic drugs, biologicals, and prescription medical supplies (12/77 = 100) ................................ Pain and symptom control drugs (12/77 = 100) .............................. Supplements, cough and cold preparations, and respiratory agents (12/77 = 100)................................................ 168.5 130.2 134.4 123.9 179.6 136.3 143.6 130.4 181.0 137.8 144.8 131.9 181.9 138.2 145.4 132.2 183.7 138.4 146.8 134.0 186.1 139.3 c 148.6 135.7 188.8 140.9 152.0 136.7 169.2 132.4 133.3 125.3 180.3 138.9 143.3 131.0 181.9 139.7 144.4 131.8 182.8 140.1 144.9 132.1 184.7 140 4 146.5 134.0 187.0 141.1 148.3 135.6 189.7 142.5 151.8 136.6 151.2 134.5 163.3 144.9 164,6 145.9 165.6 147.3 168.4 148.8 170.8 150.8 173.3 153.1 150.9 135.8 164.1 145.4 165.9 147.3 166.9 148.7 169.7 150.3 172.0 152.3 174.6 154.6 128.6 137.5 138.1 138.8 139.9 142.7 144.7 128.8 136.8 138.0 138.8 139.9 142.7 144.8 Nonprescription drugs and medical supplies (12/77 = 100) .................... Eyeglasses (12/77 = 100) ............................................................ Internal and respiratory over-the-counter drugs ................................ Nonprescription medical equipment and supplies (12/77 = 100)........ 130.9 125.1 205.9 126.2 137.8 127.8 218.6 133.7 139.2 128.4 221.6 134.6 139.9 128.3 222.8 135.9 141.1 128.9 225.1 137.1 142.5 129.5 228.1 138.1 143.9 130.1 231.1 138.9 131.9 123.4 208.0 128.2 138.5 126.7 220.2 134.7 139.7 127.1 222.8 135.2 140.4 127.1 223.9 136.6 141.6 127.6 226.4 137.7 143.2 128.1 229.6 138.8 144.6 128.7 232.5 139.7 Medical care services ........................................................................ 309.8 333.7 335.7 339.4 342.4 345.1 348.0 312.2 332.0 334.0 337.5 340.6 343.0 345.8 Professional services ............................................................................ Physicians' services........................................................................ Dental services.............................................................................. Other professional services (12/77 = 100)...................................... 271.7 292.2 257.1 132.6 288.4 311.3 272.3 139.5 290.0 313.0 273.9 140.3 292.0 315.5 275.8 140.3 294.2 318.8 276.8 141.5 295.8 320.3 278.6 142.4 297.8 322.2 281.1 142.5 276.2 297.9 262.2 131.3 288.2 314.1 270.1 136.2 290.3 316.0 272.3 137.2 292.2 318.6 274.1 137.2 294.3 321.7 274.9 138.5 295,9 323.2 276.6 139.4 297.8 325.2 279.2 139.4 Other medical care services.................................................................. Hospital and other medical services (12/77 = 100).......................... Hospital room.......................................................................... Other hospital and medical care services (12/77 = 100)............ 355.9 148.1 465.0 147.3 388.4 161.9 515.4 159.2 390.9 162.7 519.3 159.6 396.8 165.6 529.4 162.2 400.8 167.1 533.8 163.8 404.7 168.5 538.5 165.2 408.7 169.8 542.2 166.4 356.2 147.3 461.4 146 8 386.2 160.6 509.6 158.3 388.1 161.1 512.6 158.4 393.8 164.0 522.0 161.2 398.0 165.7 527.0 163.0 401.6 166.9 531.0 164.2 405.4 168.3 535.2 165.5 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 85 MONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Consumer Prices 20. Continued— Consumer Price Index— U.S. city average [1967=100 unless otherwise specified] Urban Wage Earners and Clerical Workers (revised) All Urban Consumers General summary 1982 1981 1982 1981 Apr. Nov. Dec. Jan. Feb. Mar. Apr. Apr. Nov. Dec. Jan. Feb. Mar. Apr. ENTERTAINMENT................................................................................ 219.2 226.8 227.3 229.2 231.2 232.8 233.9 217.0 224.3 224.4 226.1 228.1 229.5 230.5 Entertainment commodities................................................................ 223.6 230.3 230.6 232.0 234.3 236.6 238.0 219.4 225.5 225.4 226.7 228.9 230.8 232.0 Reading materials (12/77 = 100).......................................................... Newspapers .................................................................................. Magazines, periodicals, and books (12/77 = 100)............................ 134.1 262.5 134.8 139.8 267.6 143.9 139.6 267.7 143.5 142.9 270.5 149.0 144.1 273.1 149.9 146.1 276.4 152.4 146.8 280.1 151.6 134.1 262.5 134.8 139.3 267.5 143.7 139.1 267.6 143.4 142.1 270.1 148.8 143.3 272.8 149.7 145.3 276.0 152.2 146.1 279.7 151.4 Sporting goods and equipment (12/77 = 100)........................................ Sport vehicles (12/77 = 100) ........................................................ Indoor and warm weather sport equipment (12/77 = 100)................ Bicycles ........................................................................................ Other sporting goods and equipment (12/77 = 100) ........................ 127.5 130.4 116.7 188.3 122.6 130.2 (’ ) 119.6 194.3 126.7 130.0 132.1 119.9 193.9 126.2 129.5 c(’ ) 120.1 194.8 125.3 131.5 133.9 119.6 197.3 127.0 132.3 135.4 119.9 197.6 125.6 132.9 136.1 120.4 198.9 126.3 120.9 120.0 115.4 189.7 121.1 122.8 122.4 120.2 117.9 195.2 126.3 122.4 (’ ) 118.2 196.3 126.9 ( ') 118.2 196.2 125.2 123.9 121.9 117.7 198.9 127.4 124.3 122.5 118.1 198.9 126.0 124.7 122.8 118.6 200.2 126.5 Toys, hobbies, and other entertainment (12/77 = 100)............................ Toys, hobbies, and music equipment (12/77 = 100) ........................ Photographic supplies and equipment (12/77 = 100)........................ Pet supplies and expenses (12/77 = 100) ...................................... 127.8 126.2 125.4 132.4 131.3 129.7 125.5 138.3 132.0 130.1 125.2 140.2 132.2 130.8 125.2 139.7 133.2 131.7 126.9 140.6 134.5 133.4 128.3 140.8 135.4 134.1 129.8 141.9 127.2 124.0 126.7 133.2 130.8 126.7 127.5 140.1 130.9 126.9 126.3 140.9 131.2 127.7 126.3 140.5 132.3 128.6 127.9 141.6 133.5 130.2 129.5 141.7 134.3 130.7 131.0 142.7 Entertainment services ...................................................................... 213.4 222.3 223.0 225.5 227.1 227.8 228.5 213.9 223.4 223.9 226.1 227.8 228.4 229.2 Fees for participant sports (12/77 = 100).............................................. Admissions (12/77 = 100).................................................................... Other entertainment services (12/77 = 100).......................................... 130.7 124.5 121.1 137.3 128.9 123.4 137.6 129.7 123.7 139.6 131.2 124.2 140.9 131.6 125.0 141.9 131.2 125.1 142.0 132.2 125.2 130.2 124.7 122.4 139.1 128.3 124.1 139.3 128.7 124.3 141.2 130.1 124.7 142.5 130.6 125.9 143.5 130.3 125.9 143.7 131.2 125.9 OTHER GOODS AND SERVICES.......................................................... 229.9 245.9 246.7 248.4 250.3 252.2 253.8 227.9 242.5 243.5 245.0 247.1 249.3 250.9 Tobacco products .............................................................................. 213.3 226.2 226.8 227.1 230.7 234.1 235.1 213.2 225.4 225.9 226.2 229.8 233.2 234.0 Cigarettes............................................................................................ Other tobacco products and smoking accessories (12/77 = 100)............ 215.5 129.6 228.9 134.7 229.7 134.4 230.0 134.7 233.6 136.8 237.3 138.1 238.0 139.9 215.5 130.0 228.1 135.0 228.7 134.7 229.1 135.0 232.7 136.9 236.3 138.2 236.9 140.1 Personal care .................................................................................... 228.7 237.7 239.1 240.9 242.3 243.7 245.9 226.4 235.5 237.1 238.8 240.4 241.8 244.1 Toilet goods and personal care appliances.............................................. Products for the hair, hairpieces, and wigs (12/77 = 100) ................ Dental and shaving products (12/77 = 100) ..................................... Cosmetics, bath and nail preparations, manicure and eye makeup implements (12/77 = 100) ................................ Other toilet goods and small personal care appliances (12/77 = 100) 223.9 131.9 136.6 232.5 135.4 140.5 234.7 136.5 141.2 2364 137.2 144.0 238.5 138.4 145.6 240.6 140.8 148.0 243.8 142.9 149.0 222.5 128.8 135.1 233.1 133.3 139.3 235.4 135.8 139.8 236.9 136.4 142.6 239.2 137.8 144.2 241.5 140.0 146.6 244.7 142.3 147.6 125.3 128.4 131.8 134.3 133.2 136.0 134.1 135.9 135.0 137.0 135.1 137.4 136.5 140.3 124.4 131.3 132.2 139.1 133.7 139.1 134.5 138.9 135.8 140.2 136.1 140.7 137.5 143.5 Personal care services.......................................................................... Beauty parlor services for women.................................................... Haircuts and other barber shop services for men (12/77 = 100) . . . . 233.7 236.0 129.9 243.1 244.8 135.9 243.9 245.2 136.8 245.7 246.9 138.0 246.5 247.7 138.4 247.3 248.9 138.4 248.7 250.7 138.8 230.5 231.7 129.1 238.1 237.8 134.9 239.2 238.8 135.7 241.0 240.5 136.8 241.8 241.3 137.2 242.6 242.5 137.2 244.0 244.3 137.6 Personal and educational expenses .................................................. 256.2 284.9 285.1 288.1 289.2 290.4 291.9 257.1 285.6 285.9 288.9 290.2 291.7 293.5 Scnoolbooks and supplies .................................................................... Personal and educational services.......................................................... Tuition and other school fees .......................................................... College tuition (12/77 = 100) .................................................. Elementary and high school tuition (12/77 = 100) .................... Personal expenses (12/77 = 100).................................................. 230.8 262.4 132.8 132.3 134.4 141.8 254.6 292.1 149.1 148.3 152.0 152.8 254.5 292.3 149.1 148.3 152.0 153.4 260.7 294.8 150.5 149.9 152.1 154.3 262.9 295.8 150.6 150.1 152.2 156.1 263.3 297.1 151.1 150.7 152.2 157.4 263.8 298.7 151.4 151.0 152.2 160.9 234.6 262.9 133.0 132.3 134.4 141.1 258.3 292.5 149.4 148.1 152.7 152.1 258.5 292.8 149.4 148.1 152.7 152.7 264.8 295.2 150.7 149.6 152.8 153.7 267.1 296.3 150.9 149.8 152.9 155.3 267.5 298.0 151.7 150.9 152.9 156.7 268.0 300.0 152.0 151.3 152.9 160.5 413.2 378.1 267.9 323.1 403.9 422.2 292.6 339.6 402.8 423.1 293.9 341.3 400.5 423.9 297.7 343.0 393.9 424.8 299.1 344,0 379.3 420.9 302.7 344.0 362.6 426.3 305.1 347.5 414.5 377.6 266.1 321.1 405.1 420.9 291.5 339.9 404.0 422.1 292.6 341.5 401.8 422.8 296.4 343.3 395.3 423.5 297.7 344.2 380.6 419.9 301.5 344.0 363.7 425.9 304.0 348.2 Special indexes: Gasoline, motor oil, coolant, and other products...................................... Insurance and finance .......................................................................... Utilities and public transportation............................................................ Housekeeping and home maintenance services ...................................... ' Not available. Digitized86 for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis c=corrected. 21. Consumer Price Index for All Urban Consumers: Cross classification of region and population size ckiss by expenditure category and commodity and service group [December 1977 = 100] Size class A (1.25 million or more) Category and group Feb. Apr. Dec. Feb. Dec. Apr. 1982 1981 1982 1981 1982 1981 1982 1981 Dec. Size class D (75,000 or less) Size class C (75,000-385,000) Size class B (385,000-1.250 million) Feb. Apr. Dec. Feb. Apr. Northeast EXPENDITURE CATEGORY All items ............................................................................................................ Food and beverages .................................................................................... Housing ...................................................................................................... Appare1and upkeep .................................................................................... Transportation.............................................................................................. Medical care................................................................................................ Entertainment .............................................................................................. Other goods and services ............................................................................ 144.2 139.6 148.0 117.5 157.9 142.0 131.9 135.4 144.2 143.3 146.0 117.0 156.5 145.1 133.3 136.9 143.6 143 7 144.5 119.1 153.7 146.4 135.5 139 0 152.9 139.6 161.9 123.1 165.4 146.6 131.0 138.7 150.7 142.7 155.7 120.5 164.2 147.0 132.4 140.6 150.0 142.2 155.3 122.5 160.0 148.9 136.2 141.1 159.2 142.8 176.3 125.9 162.7 146.3 133.7 142.0 158.1 145.7 172.5 123.1 161.6 148.7 136.1 142.9 158.6 147.4 173.3 127.4 158.6 150.4 135.8 145.3 150.7 137.0 159.3 125.4 161.8 143.0 134.3 138.5 151.4 140.4 159.5 119.9 161.7 144.8 137.6 140.6 151.9 140.4 160.5 125.1 158.1 151.5 139.0 142.9 COMMODITY AND SERVICE GROUP Commodities...................................................................................................... Commodities less food and beverages .......................................................... Services ............................................................................................................ 141.8 143.2 147.3 142.1 141.4 146.9 140.8 139 0 147.4 149.6 154.5 158.0 147.9 150.5 155.1 146.6 148.7 155.4 151.1 154.9 172.5 150.1 152.2 171.0 149.6 150.6 173.4 147.2 152.1 156.1 147.6 151.0 157.3 146.5 149.4 160.4 North Central region EXPENDITURE CATEGORY Entertainment .............................................................................................. Other goods and services ............................................................................ 152.6 139.8 163.3 113.7 162.7 144.6 134.1 137.0 153.6 141.6 164.9 112.7 161.1 148.4 137.1 138.8 155.2 141.9 168.8 114.8 158.7 150.9 137.0 140.3 149.2 139.3 153.8 128.0 160.8 146.8 124.4 142.9 151.9 140.8 159.9 121.1 159.7 150.8 126.4 145.1 155.1 141.7 167.2 122.7 156.9 152.8 130.3 146,5 147.4 140.7 150.0 122.4 162.3 147.7 132.6 135.6 149.1 143.1 152.7 121.8 161.0 150.3 136.1 137.3 151.2 143.1 157.2 125.8 158.4 153.8 138.1 139.0 147.6 143.4 149.1 123.6 160.1 151.2 129.2 141.7 151.0 144.7 155.5 119.5 160.3 154.5 132.5 144.6 153.3 146.2 160.7 123.5 157.2 157.0 130.9 146.4 COMMODITY AND SERVICE GROUP Commodities...................................................................................................... Commodities less food and beverages .......................................................... Services ............................................................................................................ 145.1 147.6 163.7 145.2 146.9 166.1 145.4 147.0 169.8 142.9 144.4 159.5 145.4 147.3 162.6 146.4 148.3 169.3 142.2 142.8 156.1 143.5 143.6 158.4 144.3 144.8 162.4 140.7 139.5 158.7 142.1 141.0 165.0 143.7 142.6 168.7 Food and beverages .................................................................................... Apparel and upkeep .................................................................................... South EXPENDITURE CATEGORY Other goods and services ............................................................................ 152.0 141.4 160.3 123.5 161.9 143.2 127.4 139.7 152.6 144.2 160.2 122.6 161.5 145.9 129.3 141.2 152.9 145.0 161,1 125.6 157.5 149.5 130.1 142.8 155.9 141.3 166.7 123.7 164.1 147.6 137.1 139.5 157.2 144.8 168.3 121.1 162.8 150.5 140.0 140.7 155.7 144.9 165.2 124.3 159.7 152.3 141.2 142.4 152.3 141.9 159.7 118.2 162.3 153.0 136.4 139.9 154.0 144.1 162.7 117.0 160.7 155.4 140.4 142.0 152.3 144.0 159.1 120.2 157.1 160.1 141.1 143.7 150.8 143.4 156.2 110.4 161.6 160.1 138.4 140.5 152.3 146.1 158.8 105.7 159.9 162.5 140.4 147.9 153.5 145.9 161.5 111.1 155.8 165.1 145.7 150.2 COMMODITY AND SERVICE GROUP Commodities...................................................................................................... Commodities less food and beverages .......................................................... Services ............................................................................................................ 145.9 147.9 160.5 146.8 148.0 160.7 146.3 146.9 162.1 147.5 150.1 168.6 148.4 149.9 170.4 147.6 148.8 167.8 145.3 146.7 163.1 146.0 146.8 166.3 144.3 144.5 164.5 145.1 145.8 159.5 145.0 144.6 163.3 146.0 146.0 164.8 Food and beverages .................................................................................... Apparel and upkeep .................................................................................... West EXPENDITURE CATEGORY Food and beverages .................................................................................... Apparel and upkeep .................................................................................... Entertainment .............................................................................................. Other goods and services ............................................................................ 156.1 140.8 165.5 121.9 162.9 155.7 133.6 141.0 157.9 143.9 167.2 121.7 164.2 157.8 135.1 144.5 158.5 144.5 168.1 120.6 162.9 160.7 137.7 147.5 155.1 145.4 161.6 127.1 165.0 151.3 133.9 142.8 157.1 147.9 164.9 126.4 163.6 153.7 135.5 145.3 157.0 147.6 164.8 126.6 161.7 156.0 136.8 148.9 149.4 140.1 153.8 117.1 162.8 151.1 129.4 136.8 150.2 143.4 154.4 118.8 160.9 154.8 130.4 137.1 151.1 143.5 156.3 119.7 158.3 157.3 133.9 139.5 149.1 145.8 146.1 135.6 164.6 152.8 145.6 148.0 153.3 148.1 153,9 131.9 164.5 157.9 147.8 147.6 157.9 148.5 163.5 140.4 160.5 162.4 148.9 149.8 144.9 146.6 170.9 146.0 146.9 173.7 145.5 145.9 175.9 147.2 148.0 166.0 148.4 148.6 169.1 148.1 148.3 169.3 143.7 145.1 157.5 145.2 145.9 157.3 146.4 147.5 157.9 145.5 145.4 154.6 147.5 147.3 161.8 148.9 149.1 171-2 COMMODITY AND SERVICE GROUP Commodities less food and beverages .......................................................... Services ............................................................................................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 87 MONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Consumer Prices 22. Consumer Price Index— U.S. city average, and selected areas [1967=100 unless otherwise specified] Urban Wage Earners and Clerical Workers (revised) All Urban Consumers Area1 U.S. city average2 .............................................................. Anchorage, Alaska (10/67=100) ........................................ Atlanta. Ga........................................................................... Baltimore, Md....................................................................... Boston, Mass........................................................................ Buffalo, N.Y.......................................................................... 1981 Nov. Dec. Jan. Feb. Mar. Apr. Apr. Nov. Dec. Jan. Feb. Mar. Apr. 266.8 280.7 281.5 282.5 283.4 283.1 284.3 266.8 280.4 281.1 282.1 282.9 282.5 283.7 280.2 268.8 253.7 265.9 253.0 282.2 280.7 274.2 254.6 263.7 Detroit, Mich......................................................................... Honolulu, Hawaii ................................................................ Houston, Tex........................................................................ Kansas City, Mo.-Kansas .................................................... Los Angeles-Long Beach, Anaheim, Calif................................ 272.4 250.0 286.4 265.4 265.5 273.9 281.8 153.6 287.5 266.5 255.4 261.0 265.7 San Frandsco-Oakland, Calif................................................. Seattle-Everett, Wash........................................................... Washington, D.C.-Md.-Va....................................................... 270.3 267.8 272.2 274.1 298.7 267.9 274.9 281.8 276.4 284.9 285.9 293.6 280.8 285.8 277.8 262.2 304.1 276.0 285.6 268.5 272.5 275.7 306.0 269.0 275.5 278.6 252.7 280.2 263.0 286.5 297.2 272.1 276.9 286.6 267.4 267.2 274.7 295.8 262.7 277.3 279.0 283.7 263.8 304.9 274.0 286.8 268.0 250.2 283.1 264.3 269.1 274.4 285.5 154.7 291.5 301.7 268.2 267.3 254.8 275.1 275.3 261.5 267.3 266.9 275.2 274.5 298.3 266.9 274.1 282.6 298.8 270.9 277.8 289.8 267.5 274.5 275.1 285.7 292.7 274.8 263.2 300.3 274.1 289.4 275.1 290.4 280.3 264.7 302.1 272.1 290.5 156.4 292.5 305.3 267.8 275.1 280.0 265.9 268.4 274.3 301.2 266.5 274.5 276.7 283.9 279.3 313.9 294.9 291.9 281.8 280.0 315.0 285.5 277.1 317.4 292.7 285.7 279.3 256.4 276.5 287.2 285.0 289.8 156.4 295.3 276.3 273.0 315.1 293.4 278.8 275.4 310.5 275.1 259.3 298.8 272.0 286.1 282.9 282.2 269.8 258.0 275.9 288.4 281.2 291.0 276.4 254.5 282.7 282.3 273.4 302.8 286.7 280.7 319.0 295.9 278.0 'The areas listed include not only the central city but the entire portion of the Standard Metropolitan Statistical Area, as defined for the 1970 Census of Population, except that the Standard Consolidated 258.3 155.1 289.3 288.4 278.4 323.1 294.0 278.2 248.6 284.1 280.9 274.3 309.2 155.2 291.3 278.7 273.8 321.3 289.2 275.5 274.9 305.4 278.3 258.3 302.7 273.5 282.3 249.3 281.9 269.8 259.9 275.4 285.7 281.6 295.1 297.8 279.6 260.0 279.8 282.1 274.0 264.3 277.0 276.6 272.0 279.6 Philadelphia, Pa.-N.J............................................................. Pittsburgh, Pa....................................................................... Portland, Oreg.-Wash............................................................ St. Louis, Mo.-lll.................................................................... San Diego, Calif.................................................................... 88 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1982 Apr. Chicago, lll.-Northwestern Ind................................................ Cincinnati, Ohio-Ky.-Ind......................................................... Cleveland, O hio.................................................................. Dallas-Ft. Worth, Tex............................................................ Denver-Boulder, Colo............................................................ Miami, Fla. (11/77-100) .................................................... Milwaukee, Wis..................................................................... Minneapolis-St. Paul, Minn.-Wis.............................................. New York, N.Y.-Northeastern N.J........................................... Northeast, Pa. (Scranton).................................................... 1981 1982 297.8 289.6 283.8 Area is used for New York and Chicago. 2Average of 85 cities. v RESEARCH LIB R A R Y Federal Reserve Bank of S t. Louis 23. Producer Price Indexes, by stage of processing [1967 = 100] Commodity grouping Annual average 1981 1981 May June July Aug. 1982 Sept. Oct. Nov. Dec. Jan.’ Feb. Mar. Apr. May FINISHED GOODS Finished goods.................................................................... 269.8 269.6 270.5 271.8 271.5 271.5 274.3 274.7 275.4 ' 277.9 277.4 276.9 276.9 277.7 Finished consumer goods.............................................. Finished consumer foods............................................ Crude.................................................................... Processed ............................................................ Nondurable goods less foods .................................... Durable gooes .......................................................... Consumer nondurable goods less food and energy . . . . Capital equipment ........................................................ 271.2 253.5 263.6 250.6 319.4 218.5 208.6 264.3 271.5 252.8 263.1 249.8 321.0 218.1 207.7 262.5 272.3 253.8 258.9 251.3 322.0 218.2 208.4 263.8 273.5 257.6 262.7 255.0 322.5 218.1 209.5 265.4 273.0 256.3 256.9 254.2 322.1 218.3 210.4 265.8 273.1 256.2 253.5 254.4 324.2 215.8 211.8 265.3 275.1 254.0 253.8 252.0 324.3 224.5 212.6 271.5 275.2 252.7 260.0 249.9 325.4 224.7 213.6 273.0 275.8 252.9 273.9 249.0 326.3 225.4 213.9 274.1 r 278.3 256.4 r 280.6 '252.1 '329.3 '226.2 '217.4 '276.2 278.1 258.2 282.0 253.9 329.3 223.5 218.8 274.8 277.2 257.1 262.9 254.4 328.0 223.5 219.6 275.7 276.9 259.8 266.1 257.1 324.9 223.8 221.4 277.1 277.6 262.3 259.4 260.4 324.1 224.7 222.9 278.3 INTERMEDIATE MATERIALS Intermediate materials, supplies, and components.................. 306.0 306.7 307.2 308.5 310.1 309.7 309.4 3090 309.4 '311.0 311.3 310.9 310.1 309.8 Materials and components for manufacturing.................. Materials for food manufacturing ................................ Materials for nondurable manufacturing ...................... Materials for durable manufacturing............................ Components for manufacturing .................................. 286.2 260.9 285.9 312.2 259.2 285.1 259.0 287.0 311.2 256.3 285.8 262.4 287.7 310.7 257.3 287.9 260.5 289.2 314.4 259.5 289.8 261.0 291.0 316.0 261.8 290.2 254.6 291.2 317.1 263.8 290.2 250.9 290.9 316.7 265.1 289.5 246.8 289.4 314.9 266.9 289.3 245.6 288.8 314.0 267.8 '290.4 '250.7 '289.0 '313.6 '269.8 291.3 254.3 289.5 313.5 271.1 290.8 252.0 289.5 311.2 272.0 290.9 254.3 288.1 311.2 272.9 291.5 260.0 288.1 310.6 273.8 Materials and components for construction .................... 287.5 288.5 289.6 290.4 290.7 290.0 290.1 290.2 291.1 '292.0 292.8 293.3 293.8 293.4 Processed fuels and lubricants ...................................... Manufacturing industries ............................................ Nonmanufacturing industries ...................................... 595.0 498.2 680.5 608.7 510.7 695.2 605.7 505.4 694.3 602.0 500.3 692.0 607.8 508.3 695.6 601.4 500.5 690.5 596.9 497.5 684.7 595.1 496.4 682.2 598.1 499.0 685.6 '604.4 '505.9 '691.3 597.1 498.7 683.9 593.5 497.1 678.4 579.8 487.6 660.9 569.9 482.3 646.7 Containers.................................................................... 276.2 276.4 277.2 278.8 280.3 280.6 280.9 280.6 280.2 '282.5 285.2 286.5 287.4 287.1 Supplies ...................................................................... Manufacturing industries ............................................ Nonmanufacturing industries ...................................... Feeds .................................................................... Other supplies........................................................ 263.9 253.2 269.6 230.4 276.4 264.0 252.3 270.2 242.9 273.8 264.6 253.4 270.5 235.4 276.3 266.0 255.0 272.0 232.8 278.7 266.1 256.0 271.6 229.1 279.3 266.1 256.8 271.1 221.3 280.7 266.6 258.2 271.2 215.9 282.3 267.2 259.2 271.6 212.0 283.7 268.3 261.0 272.4 214.6 284.1 269.8 '262.6 '273.8 '214.8 '285.7 270.7 263.5 274.8 212.7 287.6 270.9 264.8 274.4 208.8 288.1 272.3 265.6 276.0 212.9 289.1 273.6 267.2 277.2 214.2 290.2 CRUDE MATERIALS Crude materials for further processing.................................. 329.1 334.4 335.4 337.3 333.0 327.4 319.9 313.9 311.5 '318.4 321.5 319.9 322.8 328.1 Foodstuffs and feedstuffs.............................................. 257.4 260.6 264.3 267.2 261.8 253.4 245.7 238.3 233.7 '242.6 248.3 247.9 254.3 262.3 Nonfood materials ........................................................ 481.6 492.4 487.4 487.2 485.3 486.0 479.2 476.3 478.6 '481.5 479.3 475.0 470.4 470.4 Nonfood materials except fuel .................................... Manufacturing industries.......................................... Construction .......................................................... 413.9 429.6 262.4 428.3 445.5 261.7 418.1 434.2 262.6 413.1 428.7 262.6 413.9 429.6 263.1 410.2 425.4 263.6 404.1 418.6 264.7 397.8 411.7 264.8 396.2 409.8 265.2 '399.5 413.2 '267.6 395.1 407.6 272.1 387.4 398.5 275.1 379.0 389.0 275.3 376.6 386.4 274.0 Crude fuel ................................................................ Manufacturing industries.......................................... Nonmanufacturing industries.................................... 676.5 865.4 674.3 738.4 850.6 662.2 759.2 877.2 678.5 781.2 902.6 698.1 766.7 883.0 687.8 788.7 911.4 704.8 779.0 898.4 697.8 792.5 915.8 708.2 813.0 942.5 724.0 '812.9 '940.3 '725.6 823.5 953.4 734.4 837.7 972.8 744.5 853.7 992.4 757.6 866.1 1,008.2 767.4 Finished goods excluding foods ............................................ Finished consumer goods excluding foods ...................... Finished consumer goods less energy............................ 273.2 276.3 233.9 273.3 277.0 232.8 274.1 277.7 233.4 274.7 277.9 235.0 274.6 277.7 235.0 274.7 277.9 234.9 279.1 281.6 237.2 280.0 282.4 237.2 2809 283.2 237.6 '283.0 '285.2 '240.5 281.8 284.1 240.8 281.5 283.3 240.7 280.6 281.7 242.4 280.9 281.6 244.1 Intermediate materials less foods and feeds.......................... Intermediate materials less energy ................................ 310.1 285.2 310.7 284.7 311.2 285.5 312.7 287.2 314.5 288.5 314.6 288.7 314.6 288.8 314.5 288.5 314.9 288.7 '316.4 '289.9 316.6 290.9 316.3 290.7 315.3 291.2 314.6 291.7 Intermediate foods and feeds .............................................. 250.7 253.1 253.2 251.1 250.2 243.5 239.3 235.2 235.2 '238.8 240.6 237.8 240.7 245.0 Crude materials less agricultural products ............................ Crude materials less energy.......................................... 545.8 254.0 557.5 257.9 551.3 2597 550.6 261.8 549.1 258.0 551.4 250.4 543.4 243.2 540.7 235.8 543.5 231.6 '546.1 '239.1 543.9 243.4 538.2 242.8 532.2 247.3 531.7 252.5 SPECIAL GROUPINGS ' Data for January 1982 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis r=revised, 89 MONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Producer Prices 24. Producer Price Indexes, by commodity groupings [1967 =-100 unless otherwise specified] Code Annual 1981 Commodity group and subgroup 1982 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan.1 Feb. Mar. Apr. May All commodities ............................ All commodities (1957-59 = 100) . 293.4 311.3 294.1 312.0 294.8 312.8 296.2 314.3 296.4 314.5 295.7 313.7 296.1 314.2 295.5 313.5 295.8 313.8 r298.: r 316.5 298.5 316.7 297.9 316.1 297.9 316.1 298.6 316.8 Farm products and processed foods and feeds Industrial commodities.............. 251.5 304.1 252.9 304.7 254.3 305.1 256.8 306.2 254.2 307.2 250.3 307.4 246.0 309.0 242.5 309.3 241.0 310.0 ' 246.C '311.6 248.5 311.4 247.5 311.0 251.4 309.9 255.6 309.5 01 01-1 01-2 01-3 01-4 01-5 01-6 01-7 01-8 01-9 FARM PRODUCTS AND PROCESSED FOODS AND FEEDS Farm products .......................... Fresh and dried fruits and vegetables ........ Grains.................................. Livestock .......................... Live poultry...................................... Plant and animal fibers.................... Fluid milk ................................ Eggs........................................................................................ Hay, hayseeds, and oilseeds .................... Other farm products .................... 254.9 267.0 248.4 248.0 201.2 242.0 287,4 187.1 274.1 274.3 259.6 275.3 257.7 251.8 207.2 258.3 283.6 165.0 299.0 259.7 260.7 263.3 257.1 263.0 210.0 259.6 285.0 174.6 285.3 242.7 263.3 265.6 257.4 266.5 215.3 251.3 284.3 185.1 290.0 250.2 257.9 258.1 242.7 262.0 210.3 232.5 285.0 180.7 284.3 263.9 251.1 252.8 227.0 257.3 196.7 206.5 287.3 193.2 267.2 268.9 243.1 248.8 227.6 244.5 185.7 211.7 294.3 193.8 230.4 263.3 237.4 254.0 226.5 231.1 175.0 198.5 288.2 209.7 221.1 273.1 234.6 280.5 213.6 225.0 171.4 188.4 286.7 195.5 218.8 280.2 '242.2 '289.2 225.2 236.8 186.8 198.2 287.6 187.0 218.4 280.1 247.1 289.3 223.2 251.2 197.3 193.6 285.8 200.6 217.6 273.7 244.6 256.4 220.9 255.6 197.7 199.7 282.5 204.0 213.7 273.0 250.6 266.7 226.0 267.6 186.2 207.4 280.3 192.1 222.8 274.2 256.1 270.7 228.2 282.9 192.7 214.1 278.8 1643 224.3 273.9 02 02-1 02-2 02-3 02-4 02-5 02-6 02-7 02-8 02-9 Processed foods and feeds.............. Cereal and bakery products.............. Meats, poultry, and fish .................................. Dairy products...................................... Processed fruits and vegetables................ Sugar and confectionery ...................... Beverages and beverage materials........................ Fats and o ils ................................ Miscellaneous processed foods ........ Prepared animal feeds.......................... 248.7 255.5 246.2 245.7 261.1 276.8 247.5 227.5 250.1 230.3 248.2 256.3 245.2 244.6 259.4 262.8 247.6 228.2 251.1 241.0 249.9 256.4 248.6 245.2 262.5 274.8 248.1 227.3 251.5 234.3 252.2 258.3 257.1 245.1 265.9 266.0 249.0 234.8 252.2 232.2 251.2 257.7 254.4 245.3 267.3 267.3 249.4 229.5 252.1 228.9 248.9 258.5 253.3 245.5 270.0 246.8 249.1 224.3 253.0 222.9 246.6 256.9 246.6 246.8 271.7 246.7 250.0 223.4 249.9 218.1 244.3 256.5 240.0 246.9 270.5 244.1 251.4 221.5 250.1 214.7 243.6 255.1 236.1 247.2 271.8 247.6 251.9 219.1 250.1 217.2 '247.1 256.6 '243.7 247.7 '273.2 '256.8 '253.9 '216.6 '251.0 '217.4 248.3 255.3 247.4 248.0 274.7 260.3 254.2 218.1 250.9 215.4 248.1 254.2 249.7 248.0 275.7 255.0 255.7 214.1 249.6 212.0 250.8 253.8 257.1 248.4 274.5 256.4 256.6 218.6 249.5 216.1 254.4 253.9 267.1 248.5 2734 265 8 256.7 222.2 248.0 217.4 03 03-1 03-2 03-3 03-4 03-81 03-82 Textile products and apparel .................. Synthetic fibers (12/75 = 100).............. Processed yams and threads (12/75 = 100) . Gray fabrics (12/75 = 100)................................ Finished fabrics (12/75 = 100) . .......... Apparel.................................... Textile housefurnishings.......................... 199.6 156.7 137.8 146.7 125.2 185.5 228.2 199.2 156.4 138.6 145.8 125.7 185.2 224.0 200.1 157.9 139.3 147.4 125.6 186.2 223.9 201.3 159.7 140.3 148.2 126.0 187.2 227.1 202.4 161.2 142.0 149.0 126.8 187.8 228.8 202.9 161.0 142.3 149.1 126.8 188.0 232.2 204.0 162.7 144.4 148.0 126.7 189.9 233.0 203.6 161.6 140.3 147.4 126.5 190.8 233.4 203.4 161.5 139.6 147.2 125.6 191.0 233.6 '205.0 '162.9 '139.2 '148.2 '126.8 '192.7 '237.6 204.2 164.1 134.9 147.4 126.9 191.0 245.5 205.0 163.8 140.8 147.1 125.7 191.7 246.2 204.7 162.1 140.4 145.8 125.5 192.2 246.5 205.1 164.3 141 0 145.5 125.4 192 7 246.4 04 04-2 04-4 Hides, skins, leather, and related products . . . Leather .................................. Footwear ........................................ Other leather and related products.......... 261.5 319.5 241.2 243.5 263.7 330.0 241.4 244.2 261.6 321.0 241.5 244.3 261.1 319.0 242.4 242.9 261.3 313.7 242.5 245.1 261.7 313.2 242.9 245.0 260.0 313.7 239.6 245.0 259.8 311.3 239.8 245.4 260.7 312.3 240.1 245.4 '261.8 '319.0 '238.9 '247.5 263.3 317.8 239.2 253.3 262.7 315.5 240.6 253.3 264.4 313.2 243.7 253.2 263.4 309.5 242.5 253.2 05 05-1 05-2 05— 3 05-4 05-61 05-7 Fuels and related products and pow er.................. C oal............................................ Coke ...................................... Gas fuels2 .................................. Electric power.............................. Crude petroleum3 .............................. Petroleum products, refined4 ............ 694.4 497.3 456.5 939.8 366.8 803.6 805.8 709.0 487.3 467.9 933.9 360.4 839.9 835.3 707.6 491.7 469.7 954.6 366.6 815.9 828.1 704.9 505.5 469.7 969.4 374.6 798.9 816.3 704.3 507.0 469.7 949.3 3858 796.8 813.4 703.5 510.2 469.7 976.6 383.8 796.8 806.1 698.1 510.8 469.7 965.6 378.4 788.2 802.3 698.1 512.7 469.7 983.0 378.3 785.9 798.3 702.5 515.2 469.7 1,003.7 384.2 787.2 798.6 '705.1 '525.3 '469.7 '987.9 '392.8 '787.2 '801.9 697.6 529.1 470.3 987.9 392.6 770.4 789.4 690.1 527.0 468.1 993.8 404.1 745.0 770.5 671.2 532.5 468.1 996.6 406.7 718.0 733.4 661.9 534.4 468.2 1,003.4 405.5 7182 712.7 06 06-1 06-21 06-22 06-3 06-4 06-5 06-6 06-7 Chemicals and allied products.......... Industrial chemicals5 ...................... Prepared paint.................................. Paint materials .................... Drugs and pharmaceuticals .................... Fats and oils, inedible ................ Agricultural chemicals and chemical products .............. Plastic resins and materials ........................ Other chemicals and allied products .. 287.8 363.8 249.9 300.2 193.4 295.6 284.8 289.2 254.4 288.6 368.5 250.0 300.3 192.4 312.1 279.1 287.9 254.8 290.5 369.7 250.0 300.8 193.2 303.1 288.9 290.0 256.3 291.3 370.4 250.7 304.5 195.5 290.9 288.9 295.9 254.8 293.3 371.5 250.7 308.5 195.0 305.6 293.4 297.5 257.3 293.3 371.8 250.7 308.0 197.8 285.6 292.6 296.8 257.4 292.4 367.9 250.7 308.1 198.5 277.7 293.1 299.5 256.9 292.0 363.7 254.5 308.3 198.2 282.5 295.7 293.2 259.9 291.8 362.8 256.4 305.8 198.9 280.4 294.9 294.2 260.0 '292.9 '362.9 '258.9 '306.6 '202.2 272.8 '296.8 '286.1 '263.8 294.5 362.8 259.3 308.6 203.0 274.2 297.9 295.9 265.0 294.6 362.6 259.3 306.8 204.8 290.1 297.0 286.8 267.7 294.5 359.6 259.3 306.8 208.6 282.6 296.3 286 1 269.0 296.2 358.1 265.1 306 2 209 4 288 4 294 9 285 4 275.9 07 07-1 07-11 07-12 07-13 07-2 Rubber and plastic products .................. Rubber and rubber products........ Crude rubber ........................ Tires and tubes........................ Miscellaneous rubber products.................... Plastic products (6/78 = 100) .......................... 232.8 256.7 281.7 250.9 252.4 128.4 231.8 254.4 283.2 251.2 245.7 128.6 233.4 256.8 285.2 251.2 250.9 129.1 232.1 254.7 284.2 246.8 251.4 128.7 234.1 256.9 284.7 249.9 253.1 129.8 235.7 260.3 283.1 256.5 253.9 129.9 237.3 262.9 279.8 257.1 261.1 130.3 238.0 264.4 279.0 255.9 266.7 130.3 238.3 264.6 280.8 255.4 267.2 130.6 '237.3 '262.5 281.8 '253.6 '263.8 130.5 241.0 269.7 282.1 259.6 274.9 130.9 241.8 269.3 282.8 256.3 278.1 132.0 241.9 268.7 283.2 254.4 278.8 132.4 242 9 271.2 283.6 2550 284 6 132.3 08 08-1 08-2 08-3 08-4 -umber and wood products........................ Lumber................................ Millwork .................................. Plywood ................ Other wood products.......................... 292.8 325.2 273.4 245.7 239.2 298.4 336.3 274.8 248.3 238.2 298.1 335.8 272.2 251.5 239.8 296.5 332.4 273.6 247.8 240.7 294.5 329.9 272.3 245.6 239.8 289.3 320.2 271.4 240.8 240.5 284.3 311.7 271.3 234.3 239.9 282.1 306.6 271.8 233.5 239.3 285.4 309.9 273.7 239.7 239.4 '285.5 '310.0 '277.1 '237.4 '238.2 285.4 308.3 278.4 235.7 239.8 285.4 308.1 276.4 237.1 239.6 286.1 311.5 276.4 234.1 237.7 283.9 309.2 275.8 230.6 237.3 INDUSTRIAL COMMODITIES See footnotes at end of table. 90 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 24. Continued— Producer Price Indexes, by commodity groupings [1967=100 unless otherwise specified] Code Commodity group and subgroup INDUSTRIAL COMMODITIES Annual average 1980 May June July Aug. Sept. Oct. Nov. Dec. Jan.1 Feb. Mar. Apr. May 1981 1982 Continued 09 09-1 09-11 09-12 09-13 09-14 09-15 09-2 Pulp, paper, and allied products.................................................... Pulp, paper, and products, excluding building paper and board . . . Woodpulp................................................................................ Wastepaper ............................................................................ Paper ...................................................................................... Paperboard .............................................................................. Converted paper and paperboard products................................ Building paper and board.......................................................... 273.7 271.0 398.1 175.7 280.0 258.2 259.0 231.3 272.1 269.9 394.2 182.7 275.9 258.8 258.8 237.3 272.9 271.2 394.2 182.9 278.5 259.2 259.9 237.4 274.9 272.3 394.2 182.1 279.7 259.4 261.2 235.5 275.9 273.7 394.2 182.1 282.1 260.6 262.4 234.2 277.8 274.8 394.2 178.5 2859 261.6 262.8 234.2 279.2 275.7 402.3 165.1 287.8 261.7 263.2 233.3 280.4 275.8 413.7 144.5 287.4 261.6 263.1 232.1 281.0 275.6 413.7 143.4 287.2 260.0 263.2 230.3 '285.5 276.1 '410.3 135.2 '289.2 259.7 263.9 '233.8 285.4 277.0 412.8 128.8 289.5 261.4 264.9 231.1 286.3 277.3 414.1 129.2 289.5 261.1 265.5 237.5 287.9 276.4 392.3 128.1 291.7 261.2 265.0 235.5 289.1 275.4 398.2 121.5 288.8 258.8 264.7 239.5 10 10-1 10-13 10-2 10-3 10-4 10-5 10-6 10-7 10-8 Metals and metal products .......................................................... Iron anc steel .......................................................................... Steel mill products.................................................................... Nonferrous metals.................................................................... Metal containers ...................................................................... Hardware ................................................................................ Plumbing fixtures and brass fittings............................................ Heating equipment.................................................................... Fabricated structural metal products.......................................... Miscellaneous metal products.................................................... 300.4 333.8 337.6 286.0 315.9 262.4 267.4 223.9 295.4 270.8 299.1 330.4 331.8 287.7 314.1 259.4 266.2 222.3 294.0 269.7 298.4 330.1 332.2 284.5 314.1 259.7 268.9 223.5 295.0 269.4 302.0 338.8 344.9 282.8 315.2 263.8 270.9 226.4 297.9 272.0 304.1 339.9 344.9 287.3 318.7 265.3 271.2 227.9 299.3 272.9 304.9 339.8 345.3 289.4 318.8 267.8 271.6 228.5 300.0 273.7 305.3 341.3 348.7 285.4 318.2 269.5 272.9 229.0 302.6 276.1 304.2 340.0 348.6 281.1 318.1 271.5 273.1 228.8 303.2 278.0 303.3 339.9 348.9 277.1 316.8 272.0 274.0 2299 3030 278.3 '304.7 343.1 '350.6 '274.4 '324.3 '274.1 '274.6 '233.4 '303.4 '281.2 305.0 343.0 350.5 274.2 325.4 272.5 276.1 231.9 303.5 284.0 303.6 342.4 350.5 267.6 326.1 275.7 278.9 233.5 304,5 284.6 303.8 342.6 352.2 266.1 329.7 276.2 280.3 235.8 305.0 285.3 303.4 341.2 352.1 263.5 330.1 276.7 281.0 237.3 304.8 290.0 11 11-1 11-2 11-3 11-4 11-6 11-7 11-9 Machinery and equipment ............................................................ Agricultural machinery and equipment........................................ Construction machinery and equipment...................................... Metalworking machinery and equipment .................................... General purpose machinery and equipment................................ Special industry machinery and equipment ................................ Electrical machinery and equipment .......................................... Miscellaneous machinery.......................................................... 263.1 287.7 320.8 301.2 288.5 308.0 220.1 252.3 260.7 285.7 318.4 299.9 285.9 307.2 217.5 248.8 262.1 286.8 320.1 301.3 287.0 308.8 219.2 250.1 264.8 288.1 323.8 302.9 290.6 311.0 221.1 254.0 266.2 290.3 325.0 303.5 292.3 310.3 222.8 256.0 268.1 292.8 326.5 305.3 293.9 312.8 224.2 258.5 269.3 295.5 328.3 306.6 295.1 314.6 225.3 259.0 270.4 300.8 329.6 307.9 296.2 315.0 226.0 259.8 272.0 302.8 332.0 312.9 297.9 316.4 227.0 260.4 '274.1 '303.1 337.0 '315.9 '300.0 '320.4 '228.7 '261.4 2749 303.7 338.1 315.8 300.8 320.3 229.4 263.4 275.7 304.6 337.4 317.0 301.5 320.6 230.5 264.1 277.3 306.1 341.4 318.7 302.9 323.1 231.6 265.4 278.1 307.0 343.4 320.3 303.3 324.1 231.7 267.2 12 12-1 12-2 12-3 12-4 12-5 12-6 Furniture and household durables ................................................ Household furniture.................................................................. Commercial furniture................................................................ Floor covenngs........................................................................ Household appliances .............................................................. Home electronic equipment ...................................................... Other household durable goods ................................................ 1984 219.4 257.6 178.6 186.9 89.1 280.8 197.4 216.4 257.7 179.5 185.5 90.8 276.7 197.3 218.6 257.9 180.7 186.1 86.7 276.4 199.5 220.0 258.7 182.8 188.8 87.4 282.1 199.6 220.7 259.1 181.9 189.1 87.6 280.9 201.0 222.2 261.6 181.7 190.1 87.8 285.8 201.3 222.8 262.1 180.9 190.8 881 285.8 202.1 225.1 263.3 182.3 190.9 88.0 285.3 202.9 226.6 263.9 181.4 191.3 89.6 286.2 '203.5 '227.5 '266.7 '180.3 '193.4 '89.3 '283.4 203.9 228.3 271.6 179.8 193.8 87.5 283.0 204.7 228.5 273.9 179.8 195.9 86.8 284.3 205.6 230.6 274.5 180.3 196.3 88.2 283.5 206.1 230.9 275.5 180.5 197.8 88.1 283.1 13 13-11 13-2 13-3 13-4 13-5 13-6 13-7 13-8 13-9 Nonmetallic mineral products........................................................ Fiat glass ................................................................................ Concrete ingredients ................................................................ Concete p'ooucts.................................................................... Structural clay products, excluding refractories .......................... Refractories .......................................................................... Asphalt roofing ........................................................................ Gypsum products .................................................................... Glass containers ...................................................................... Other nonmetallic minerals........................................................ 309.5 212.9 296.3 291.2 249.7 302.5 407.0 256.2 328.5 463.9 312.0 210.2 297.5 291.2 250.1 304.0 407.4 261.1 335.3 477.6 313.6 210.3 297.5 293.5 250.7 307.1 428.5 260.7 335.3 476.8 314.3 218.3 297.7 293.4 250.9 307.1 421.9 259.7 335.5 476.2 314.1 218.3 298.0 293.4 250.9 307.1 420.9 255.3 335.5 475.3 313.2 218.3 298.5 292.9 255.3 307.1 401.6 252.9 335.5 474.3 313.3 218.5 298.4 293.3 256.2 307.8 402.9 252.4 335.5 473.3 313.7 218.5 298.5 293.4 256.5 308.9 410.2 251.3 335.5 473.5 313.5 216.1 298.7 293.6 257.5 311.3 405.6 249.7 335.5 474.7 '315.6 '216.2 '306.2 '295.5 '257.5 '316.8 '401.3 250.4 '335.4 '474.7 318.4 216.1 308.1 295.6 257.4 330.9 398.8 255.0 349.6 479.0 319.7 216.2 309.5 296.0 257.4 338.4 392.8 260.7 355.2 480.1 320.0 216.2 309.2 297.3 260.7 339.7 385.2 262.8 357.4 478.8 319.1 216.2 310.7 297.1 258.1 340.4 384.0 259.4 357.4 472.1 14 14-1 14-4 Transportation equipment (12/68 = 100)...................................... Motor vehicles and equipment .................................................. Railroad equipment .................................................................. 235.4 237.5 338.2 233.6 236.0 331.2 234.3 236.7 331.4 235.0 237.4 338.1 235.9 238.4 338.7 231.8 232.8 338.7 244.5 247.8 338.7 246.3 2489 341.3 246.8 249.5 340.1 '248.6 '250.8 '345.8 244.7 246.1 352.4 244.9 246.4 352.8 245.6 246.6 353.9 247.2 248.7 349.6 15 15-1 15-2 15-3 15-4 15-5 15-9 Miscellaneous products................................................................ Toys, sporting goods, small arms, ammunition............................ Tobacco products .................................................................... Notions.................................................................................... Photographic equipment and supplies ........................................ Mobile homes (12/74 = 100).................................................... Other miscellaneous products .................................................. 265.6 212.2 268.3 259.6 210.1 (6) 346.9 266.9 211.4 268.7 267.8 212.5 <6) 349.4 266.3 211.2 268.7 268.0 212.5 (6) 346.9 263.2 213.2 268.8 267.5 211.4 158.1 333.1 262j6 212,7 268.8 267.7 207.1 158.3 334.6 267.0 213.6 274.5 267.8 208.7 158.7 345.5 268.5 213.0 278.2 269.7 208.9 159.1 348.5 269.5 212.7 278.2 269.7 209.0 159.3 344.8 267.6 213.3 278.2 269.7 209.1 159.3 344.6 '268.3 '218.4 '278.2 '270.3 '2099 '159.5 '342.2 273.7 221.0 306.4 270.7 210.8 159.6 340.9 272.9 221.6 306.4 271.8 212.5 161.6 334.3 273.3 221.9 306.5 271.8 214.6 162.0 333.5 272.3 222.7 306.7 280.3 210.9 162.1 330.8 1Data for January 1982 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. 2 Prices for natural gas are lagged 1 month. 3 Includes only domestic production. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 Most prices for refined petroleum products are lagged 1 month, 5 Some prices for industrial chemicals are lagged 1 month. 6 Not available. r=revised. 91 M ONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Producer Prices 25. Producer Price Indexes, for special commodity groupings [1967=100 unless otherwise specified] Annual 1981 Commodity grouping All commodities — less farm products . All foods Processed foods Industrial commodities less fu e ls ............. Selected textile mill products (Dec. 1975 = 100) Hosiery .................................... Underwear and nightwear ............... Chemicals and allied products, including synthetic rubber and fibers and yarns........................... Pharmaceutical preparations ........................ Lumber and wood products, excluding m illw ork............. Special metals and metal products........................ Fabricated metal products ........................... Copper and copper products ........................................ Machinery and motive products ............... Machinery and equipment, except electrical............... Agricultural machinery, including tractors............... Metalworking machinery ...................... Numerically controlled machine tools (Dec. 1971 = 100) Total tractors ........................................ Agricultural machinery and equipment less parts . . . Farm and garden tractors less p a rts .................. Agricultural machinery, excluding tractors less parts . . . Industrial valves ........................ Industrial fittings .................................. Construction m aterials.......................... May June July Aug. Sept. Oct. Nov. Dec. Jan.1 Feb. Mar. Apr. May 295.7 251.9 252.2 135.9 134.3 203.5 296.1 250.3 250.5 262.9 135.7 134.6 202.3 296.7 252.2 253.1 263.5 135.9 135.7 203.5 298.0 255.2 256.0 265.0 136.8 135.8 204.7 298.7 253.7 255.0 266.1 137.2 135.3 204.7 298.5 251.7 252.8 266.4 138.1 135.5 204.7 299.5 249.1 250,0 268.7 138.2 136.5 204.7 299.4 247.4 247,6 269.0 138.4 136.5 205.7 300.0 247.6 246.5 269.4 137,9 136.7 206.3 '302,0 '251.6 '250.5 '271.1 139,3 '136.9 '213.9 301.8 253.5 252.2 271.4 140.0 137.0 216.0 301.4 251.5 252.1 271.6 139.0 137.5 216.4 300.9 254.4 254.9 272.2 138.9 138.1 216.4 301.1 257.9 259 0 272.8 138.9 138.5 216.3 278.6 186.8 303.1 279.4 280.0 204.0 256.7 279.0 185.7 311.5 277.9 278.5 206.6 254.4 281.2 186.6 312.2 277.9 279.0 203.7 255.6 282,3 189.0 308.7 280.2 281.7 202.5 257.4 284.0 188.4 306.2 281.9 283.1 206.2 258.6 284.4 191.6 298.0 280.1 283.9 205.1 257.7 283.8 192.8 290.1 286.7 286.0 201.9 264.3 283.2 192.5 286.4 286.8 287.0 198.9 265.8 283.1 193.3 290.7 286.6 287.1 195.4 266.9 '284.3 '196.8 '289.9 '287.9 '289.4 ' 194.5 '268,9 286.0 198.0 288.3 286.1 290.4 194.1 267.6 285.8 200.0 288.6 285.5 291.5 191.0 268.2 285.7 204.4 289.9 285.7 292.5 190.5 269.3 287.3 205.3 287.2 286 4 294.3 191.6 270.5 288.3 296.2 329.4 239.4 324.0 289.0 298.9 294.4 314.8 302.1 283.0 285.9 293.7 327.1 237.3 322.0 286.7 297.7 290.8 314.3 303.0 284.2 287.3 294.8 328.3 241.4 322.5 287.9 298.0 292.5 315.3 303.0 285.0 290.4 295.6 330.1 241.7 325.5 288.6 298.0 293.9 317.5 303.0 285.7 291.7 298.2 331.4 241.8 327.8 291.1 301.4 295.8 319.8 303.0 285.5 293.8 301.6 333.9 241.8 330.7 294.0 305.5 298.7 322.7 304.3 284.4 295.0 305.7 336.7 241.8 338.3 297.6 313.0 299.9 322.4 304.1 284.6 296.4 312.5 338.3 242.2 342.2 303.5 319.6 303.5 323.4 304.1 284.1 298.4 314.7 341.2 242.0 342.3 305.8 319.7 310.9 325.3 304.1 285.2 '300.7 '315,1 '343.8 '240.1 '346.9 '306.5 '319.7 '311.6 '328.6 304.1 '286.6 301.6 314.6 343.3 240.1 346.2 306.3 318.5 311.6 326,8 304.1 286.9 302.2 315.5 346.4 240.3 346.4 307.3 318.8 307.3 327.1 304.1 287.4 304.1 317.7 348.8 240.2 351.7 309.2 322.3 314,3 327.7 309.1 288.1 305 2 318.2 349.4 240.3 352.4 309.6 322.9 314.7 327.9 309 1 287.9 1Data for January 1982 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. 26. 1982 1981 r=revised, Producer Price Indexes, by durability of product [1967 = 100] Annual average 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan.1 Feb. Mar. Apr. May Total durable goods ................................... Total nondurable g o o d s ................................. 269.8 312.4 268.6 314.8 269.1 315.7 270.8 316.8 271.9 316.2 271.8 315.0 275.0 312.8 275.4 311.4 276.0 311.4 '277.6 314.7 277.3 315.3 277.3 314.2 278.1 313.5 278.4 314.5 Total manufactures................................... Durable .......................................... Nondurable............................... 285.9 269.6 303.6 286.2 268.2 305.7 286.9 268.9 306.4 288.0 270.6 306.9 288.6 271.7 306.9 288.3 271.7 306.3 289.8 275.1 305.5 289.7 275.8 304.5 289.9 276.5 304.3 '291.9 '278.0 306.8 291.9 277.7 307.2 291.9 277.8 305.8 290.9 278.7 303.9 291.3 279.1 304.1 Total raw or slightly processed goods........... Durable ................................... Nondurable.............................................. 330.7 271.4 334.0 334.2 280.4 337.1 335.4 272.4 338.9 337.9 271.2 341.8 335.8 275.9 339.1 332.7 270.4 336.3 326.4 263.7 330.0 323.3 253.4 327.4 323.6 247.8 328.2 '328.9 '253.8 333.4 330.6 254.4 335 1 329.9 250.7 334.7 332.2 245.9 337.5 334.9 239.4 340.8 Commodity grouping 1981 ' Data for January 1982 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. 27. 1982 r=revised, Producer Price Indexes for the output of selected SIC industries [1967 = 100 unless otherwise specified] 1972 SIC code Industry description Annual average 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan.1 Feb. Mar. Apr. May 167.3 346.0 493.9 898.8 277.3 138.7 168.1 347.9 484.5 919.7 278.4 137.1 168.1 352.0 488.4 713.7 278.4 137.1 168.1 358.3 502.1 911.5 278.4 137.1 168.1 365.4 503.4 900.3 278.2 137.1 168.1 364.5 506.0 913.6 279.2 137.1 168.1 354.1 506.2 900.8 2797 143.4 171.3 354.1 507.8 907.5 279.8 143.4 171.3 343.7 510.3 921.7 2807 143.4 171.3 347.9 '520.9 -919.7 '287.4 '149.6 171.3 313.7 524.7 913.5 289.5 149.6 171.3 325.0 521.9 904.7 292.7 149.6 171.3 327.0 527.2 894.9 292.2 151.7 177.1 308.3 529.4 902.0 294.4 151.7 243.1 241.3 192.0 274.8 243.6 230.4 196.2 273.4 245.9 238.1 198.3 273.5 252.6 246.0 203.6 273.8 250.9 254.0 201.2 273.7 252.7 253.9 188.8 275.0 244.1 252.2 175.5 279.2 237.0 248.9 172.8 279.5 234.1 247.0 166.7 275.0 '237.6 '245.6 ( 2) 275.0 243.8 250.5 <2) 276.4 247.0 248.2 (2) 276.8 253.3 253.4 ( 2) 275.3 264.3 265.9 (2) 274.9 1981 1982 MINING 1011 1092 1211 1311 1442 1455 Iron ores (12/75 = 100)...................... Mercury ores (12/75 = 100) ................................ Bituminous coal and lignite ............................ Crude petroleum and natural gas ................ Construction sand and gravel ........................ Kaolin and ball clay (6/76 = 100)............ 2011 2013 2016 2021 Meatpacking plants ...................................... Sausages and other prepared meats...................... Poultry dressing plants.......................... Creamery butter...................................... MANUFACTURING See footnotes at end of table. https://fraser.stlouisfed.org 92 Federal Reserve Bank of St. Louis 27. Continued— Producer Price Indexes for the output of selected SIC industries [1967 = 100 unless otherwise specified] 1972 SIC code Industry description Annual average 1981 May June July Aug. Sept. Oct. Nov. Dec. Jan.1 Feb. Mar. Apr. May 1981 1982 2022 2024 2033 2034 2041 2044 2048 2061 2063 2067 MANUFACTURING - Continued Cheese, natural and processed (12/72 = 100).............. Ice cream and frozen desserts (12/72 = 100) .............. Canned fruits and vegetables........................................ Dehydrated food products (12/73 = 100)...................... Flour mills (12/71 = 100) ............................................ Rice milling.................................................................. Prepared foods, n.e.c. (12/75 = 100)............................ Raw cane sugar .......................................................... Beet sugar .................................................................. Chewing gum .............................................................. 215.8 211.9 248.5 177.6 195 9 277.2 124.6 273.5 320.6 309.8 216.2 212.4 245.9 175.3 199.4 300.3 129.8 224.8 334.4 303.1 216.1 212.4 248.9 175.0 199.3 300.3 127.5 263.3 339.7 303.1 213.8 212.7 251.6 180.5 196.5 297.4 125.9 272.2 274.1 303.1 214.5 212.7 252.9 178.7 191.0 284.3 124.8 254.6 287.5 303.2 215.0 212.7 254.3 183.4 195.3 268.2 119.6 212.3 270.7 303.2 215.4 212.5 257.0 182.1 191.1 247.3 117.3 219.9 250.3 303.2 215.9 212.5 256.4 181.4 191.5 235.4 116.4 224.3 230.4 303.2 218.4 212.7 258.9 182.1 189.2 215.1 116.0 230.8 250.5 303.2 218.6 212.8 r 260.8 184.0 r 191.5 205.9 r 116.0 247.6 r 266.4 303.3 217.9 212.8 262.2 181.8 187.4 192.2 116.5 245.1 292.6 303.3 216.8 210.9 262.7 181.5 187.3 183.5 114.8 233.0 272.4 3034 216.6 214.2 261.5 181.5 192.5 177.9 115.4 242.9 272.6 303.4 217.1 214.2 262.3 178.5 188.4 183.0 116.7 269.2 280.2 303.4 2074 2075 2077 2083 2085 2091 2092 2095 2098 2111 Cottonseed oil m ills...................................................... Soybean oil m ills.......................................................... Animal and marine fats and oils .................................... Malt ............................................................................ Distilled liquor, except brandy (12/75 = 100) ................ Canned and cured seafoods (12/73 = 100) .................. Fresh or frozen packaged fish ...................................... Roasted coffee (12/72 = 100)...................................... Macaroni and spaghetti ................................................ Cigarettes.................................................................... 199.0 245.8 288.1 282.5 134.7 187.8 369.6 238.0 252.0 277.7 216.6 258.1 304.3 286.1 134.3 187.3 378.2 238.6 246.6 278.3 212.3 248.4 291.3 286.1 134.6 187.5 375.5 238.6 246.6 278.3 212.0 253.7 288.8 286.1 134.6 187.4 367.6 236.4 259.5 278.3 206.0 245.8 294.1 286.1 135.5 188.4 347.1 235.7 259.5 278.3 182.3 234.2 281.2 275.4 135.5 188.8 353.5 237.3 259.5 284.2 172.0 229.7 274.0 275.4 135.5 188.2 356.9 238.2 259.5 288.4 167.2 221.2 272.3 275.4 137.9 188.3 360.8 239.2 259.5 288.4 182.4 221.9 266.6 275.4 137.9 188.5 369.5 240.4 259.5 288.4 184.9 r 223.1 r 260.4 267.1 140.1. 187.2 '396.8 '245.1 259.5 288.4 170.6 219.9 262.6 267.1 137.9 187.0 390.8 247.1 259.5 319.7 158.2 217.8 271.8 267.1 140.2 187.7 420.7 248.7 259.5 319.7 164.6 225.0 273.3 259.1 140.2 188.2 433.8 250.7 259.5 319.7 167.9 232.0 271.5 259.8 139.8 188.0 427.5 247.9 259.5 319.8 2121 2131 2211 2221 2251 2254 2257 2261 2262 Cigars ........................................................................ Chewing and smoking tobacco...................................... Weaving mills, cotton (12/72 = 100) ............................ Weaving mills, synthetic (12/77 = 100) ........................ Women's hosiery, except socks (12/75 = 100).............. Knit underwear mills .................................................... Circular knit fabric mills (6/76 = 100)............................ Finishing plants, cotton (6/76 = 100) ............................ Finishing plants, synthetics, silk (6/76 = 100) ................ 169.1 320.9 234.1 136.6 113.5 210.2 110.8 144,9 126.5 168.5 320.8 233.5 135.7 114.2 210.0 110.5 147.0 126.6 168.5 320.8 234.3 137.1 115.6 210.0 110.4 146.2 126.6 169.7 321.0 234.7 138.0 115.5 210.7 111.0 146.3 127.1 169.7 321.3 237.4 139.3 115.0 210.8 112.0 146.2 127.8 174.5 325.3 236.0 139.5 115.0 210.9 111.9 145.4 129.0 174.5 326.1 233.2 139.4 115.2 210.9 112.0 144.9 129.1 174.5 326.1 229.8 139.8 115.1 212.8 112.4 143.5 129.1 174.5 326.1 227.6 139.5 115.2 213.0 111.8 141,4 128.6 '174.5 '326.1 '227.3 139.8 115.6 '225.2 '112.4 140.5 '129.4 175.6 349.4 226.9 139.8 115.6 234.7 112.3 140.3 129.7 175.6 349.4 226.5 139.9 116.2 235.5 110.6 140.8 128.3 176.8 349.4 226.1 139.2 116.3 235.6 110.1 141.6 128.1 176.6 353.6 227.7 138.9 117.0 226.0 109.7 141.4 128.2 2272 2281 2282 2284 2298 2311 2321 2322 2323 2327 Tufted carpets and rugs................................................ Yarn mills, except wool (12/71 =100) .......................... Throwing and winding mills (6/76 = 100) ...................... Thread mills (6/76 = 100)............................................ Cordage and twine (12/77 = 100)................................ Men’s and boys' suits and coats.................................... Men's and boys’ shirts and nightwear ............................ Men’s and boys’ underwear.......................................... Men’s and boys’ neckwear (12/75 = 100) .................... Men’s and boys' separate trousers................................ 154.3 221.8 138.6 151.4 134.8 223.9 208.8 230.6 114.6 186.1 154.5 224.1 139.1 150.9 134.3 220.4 207.1 231.0 115.4 186.1 155.6 225.8 139.3 151.1 134.3 224.6 207.5 230.7 115.4 186.1 158.3 225.1 142.7 151.1 134.3 225.9 210.5 230.8 113.9 186.4 157.4 225.4 146.8 151.1 134.3 226.2 210.6 230.8 113.9 186.4 157.3 223.8 148.0 154.8 139.3 226.5 211.5 230.8 113.9 186.4 155.7 222.4 154.5 157.0 139.3 227.4 212.4 230.8 113.9 186.8 157.0 219.9 145.6 157.0 139.3 228.4 212.6 233.0 113.9 186.9 156.7 217.2 146.0 156.8 140.7 230.5 213.4 233.0 113.9 187.1 '155.5 '216.3 '145.7 156.8 141.0 '233.7 '173.4 '246.9 115.3 '188.4 155.3 215.3 135.2 156.8 141.0 232.1 191.7 246.9 117.3 187.0 155.7 215.6 150.8 156.8 141.0 233.9 192.7 247.4 117.3 188.2 156.1 214.6 150.9 156.7 141.0 234.3 193.1 247.4 117.3 193.0 156.4 214.9 152.6 156.6 141.0 234.6 173.6 247.4 117.3 194.9 2328 2331 2335 2341 2342 2361 2381 2394 2396 2421 Men’s and boys’ work clothing ...................................... Women's and misses' blouses and waists (6/78 = 100) . Women’s and misses’ dresses (12/77 = 100)................ Women’s and children’s underwear (12/72 = 100) ........ Brassieres and allied garments (12/75 = 100) .............. Children’s dresses and blouses (12/77 = 100).............. Fabric dress and work gloves........................................ Canvas and related products (12/77 = 1 0 0 ).................. Automotive and apparel trimmings (12/77 = 100).......... Sawmills and planing mills (12/71 = 100)...................... 248.4 119.8 121.1 169.9 136.8 120.3 289.3 132.1 131.0 228.2 248.2 118.4 122.3 169.2 135.0 120.5 292.1 130.0 131.0 234.8 248.3 118.5 122.5 170.5 136.9 120.5 292.1 130.1 131.0 234.8 250.8 121.0 123.0 170.6 138.8 121.6 289.2 130.1 131.0 233.5 251.1 121.2 124.3 170.6 138.8 121.7 289.2 133.1 131.0 231.2 251.2 121.3 123.5 170.6 138.8 121.7 289,2 134.6 131.0 225.2 253.1 126.4 123.4 170.6 138.8 122.0 2892 137.6 131.0 219.5 253.2 126.7 124.1 171.6 138.9 122.5 289.2 137.6 131.0 216.5 253.3 126.7 122.7 171.6 140.1 123.2 289.2 139.7 131.0 218.6 '252.5 '126.5 '123.0 '174.7 '145.1 '123.2 293.8 '144.9 131.0 '218.0 251.8 123.8 122.9 175.4 149.2 122.0 297.4 145.5 131.0 217.6 252.9 123.9 123.6 175.7 149.2 122.0 295.5 147.8 131.0 217.1 253.8 123.8 122.9 175.7 149.2 121.0 295.5 146.3 131.0 218.4 253.7 123.7 122.9 177.2 148.5 121.0 295.5 146.5 131.0 216.8 2436 2439 2448 2451 2492 2511 2512 2515 2521 2611 Softwood veneer and plywood (12/75 = 100)................ Structural wood members, n.e.c. (12/75 = 100) ............ Wood pallets and skids (12/75 = 100).......................... Mobile homes (12/74 = 100)........................................ Particleboard (12/75 = 100) ........................................ Wood household furniture (12/71 =100) ...................... Upholstered household furniture (12/71 = 1 0 0 ) .............. Mattresses and bedsprings............................................ Wood office furniture ................................................ Pulp mills (12/73 = 100).............................................. 142.0 156.6 152.5 156.8 172.8 197.4 174.9 193.7 254.6 253.2 145.7 158.2 153.1 155.9 184.5 196.2 169.7 190.4 255.4 251.3 148.1 158.2 153.0 156.1 182.3 197.5 173.9 190.5 254.6 251.3 143.8 157.6 153.1 158.1 179.6 198 6 175.1 191.3 254.7 251.3 139.6 156.9 152.9 158.3 173.6 199.2 175.1 194.6 254.7 251.3 135.4 156.6 152.8 158.7 170.5 200.1 175.3 195.2 257.1 251.3 129.3 154.8 152.0 159.2 168.0 201.0 175.6 195.2 257.1 255.0 129.0 154.2 150.4 159.3 166.9 202.0 179.5 197.5 257.0 262.5 134.5 153.2 149.9 160.3 170.3 202.8 182.1 198.0 257.6 262.5 '132.5 '153.9 149.8 '160.4 '172.6 '203.6 '184.4 '204.4 '261.9 '258.6 131.1 153.2 148.9 160.7 170.2 204.2 182.0 210.0 271.8 260.9 132.3 152.3 148.1 162.7 173.4 2048 182.0 210.0 271.9 262.9 129.2 152.9 145.8 162.9 176.8 207.0 184.6 210.1 271.9 255.8 126.0 151.5 144.6 163.1 176.7 207.3 185.1 210.3 271.9 254.8 2621 2631 2647 2654 2655 2812 2821 2822 2824 2873 Paper mills, except building (12/74 = 100).................... Paperboard mills (12/74 = 100) .................................. Sanitary paper products................................................ Sanitary food containers .............................................. Fiber cans, drums, and similar products (12/75 = 100) .. Alkalies and chlorine (12/73 = 100).............................. Plastics materials and resins (6/76 = 100).................... Synthetic rubber .......................................................... Organic fiber, noncellulosic............................................ Nitrogenous fertilizers (12/75 = 100) ............................ 156.3 151.8 343.8 245.3 163.0 305.3 150.8 292.9 155.7 142.7 154.3 152.1 344.3 239.2 160.9 302.2 149.7 293.3 156.2 148.5 155.7 152.3 344.4 242.2 160.9 309.3 150.7 296.3 156.8 143.4 157.0 151.7 344.2 246.0 163.2 306.2 155.0 297.3 159.2 143.5 157.4 152.4 344.3 252.9 163.2 310.4 155.6 299.4 160.3 143.9 158.8 153.7 344.3 253.2 163.2 316.0 156.0 299.3 160.6 142.1 159.8 153.6 344.0253.4 167.6 317.7 156.3 301.0 164.2 142.9 159.7 153.5 344.1 253.3 167.6 317.0 153.7 301.4 162.5 144.2 159.6 152.7 344,6 253.3 170.0 324.8 154.3302.7 161.9 142.9 '162.0 ' 152.5 r 344.6 '254.0 '176.4 '329.4 '150.7 '303.9 '161.8 142.4 162.0 153.6 345.6 258.3 176.5 333.7 156.4 306.2 161.1 142.5 161.9 153.2 345.6 261.4 176.5 335.0 151.7 305.6 162.4 142.2 161.8 153.0 345.5 261.4 176.5 322.1 151.2 306.6 161.7 142.7 160.5 151.5 344.7 261.4 176.7 338.2 151.9 307.1 161.7 141.1 2874 2875 2892 2911 2951 2952 3011 Phosphatic fertilizers .................................................... Fertilizers, mixing only .................................................. Explosives .......................................................... Petroleum refining (6/76 = 100) .................................. Paving mixtures and blocks (12/75 = 100) . . . . Asphalt felts and coatings (12/75 = 100)...................... Tires and inner tubes (12/73 = 100) ............................ 254.1 270.2 312.0 294.4 194.3 176.7 215.9 251.5 273.6 314.5 304.1 198.8 176.3 216.2 250.9 273.1 312.6 302.6 198.4 185.7 216.2 249.4 275.3 315.7 299.1 197.1 182 8 213.1 260.0 273.0 319.8 297.5 196.3 182.3 215.5 259.4 272.0 316.5 295.8 196.0 174.3 220.6 259.4 273.8 318.7 294.6 196.3 174.9 221.0 258.5 273.7 316.5 293.3 196.4 178.1 220.1 259.0 270.5 315.6 293.1 196.0 176.1 221.2 '261.0 '274.3 '314.9 '293.0 '197.0 '174.2 '222.0 265.5 275.5 312.9 288.8 198.4 173.2 224.4 261.7 278.1 316.3 281.9 198.8 170.5 222.3 258.5 278,4 322.2 267.5 197.1 167.4 220.9 256.2 278.5 321.4 259.2 196.6 167.7 221.2 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 93 M ONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Producer Prices 27 . Continued— Producer Price Indexes for the output of selected SIC industries [1967=100 unless otherwise specified] 1972 SIC code Industry description Annual average 1981 May June July Aug. Sept Oct Nov. Dec. Jan.1 Feb. Mar. Apr. May 1981 1982 3021 3031 3079 3111 3143 3144 3171 3211 3221 Rubber and plastic footwear (12/71 = 100).................................... Reclaimed rubber (12/73 =100) .................................................... Miscellaneous plastic products (6/78 = 100) .................................. Leather tanning and finishing (12/77 = 100).................................... Men’s footwear, except athletic (12/75 = 100)................................ Women’s footwear, except athletic.................................................. Women’s handbags and purses (12/75 = 100) .............................. Flat glass (12/71 = 100) .............................................................. Glass containers............................................................................ 184.4 193.4 128.8 150.6 169.1 217.8 155.5 175.6 328.4 184.0 187.7 129.1 154.7 168.9 219.3 158.4 174.5 335.2 184.1 187.7 129.6 150.7 169.6 218.5 158.4 174.6 335.2 185.0 192.9 129.2 151.3 170.7 218.9 158.4 180.0 335.4 185.4 200.3 130.2 148.5 171.4 217.8 158.4 180.0 335.4 185.3 200.3 130.3 148.3 170.9 218.2 158.4 180.0 335.4 185.0 200.3 130.8 148.2 170.5 212.5 158.4 180.1 335.4 185.0 200.3 1308 146.8 170.6 212.7 158.4 180.1 335.4 185.2 200.3 131.0 147.5 171.3 212.4 158.4 177.4 335.4 186.1 r 200.3 r 131.1 r 150.8 '173.1 '208.5 158.4 '177.5 '335.3 186.5 198.1 131.3 149.2 171.6 211.3 158.4 177.4 349.5 189.1 204.9 132.5 148.2 173.6 211.6 158.4 177.5 355.1 189.0 206.9 132.9 147.5 174.9 215.6 158.4 177.5 357.3 186.7 207.2 132.7 147.3 175.1 213.4 158.4 177.5 357.3 3241 3251 3253 3255 3259 3261 3262 3263 3269 3271 Cement, hydraulic.......................................................................... Brick and structural clay tile ............................................................ Ceramic wall and floor tile (12/75 =100) ...................................... Clay refractories............................................................................ Structural clay products, n.e.c........................................................... Vitreous plumbing fixtures .............................................................. Vitreous china food utensils............................................................ Fine earthenware food utensils........................................................ Pottery products, n.e.c. (12/75 = 100)............................................ Concrete block and brick................................................................ 328.5 296.9 132.5 310.4 222.7 254.9 335.0 308.9 160.1 270.4 332.3 297.4 132.1 311.0 223.9 252.5 336.6 309.6 160.6 271.2 331.0 298.5 132.1 312.2 223.9 255.8 336.6 309.6 160.7 271.2 331.6 298.9 132.1 312.3 223.9 258.7 336.6 309.6 160.7 271.2 331.6 298.9 132.1 312.3 223.9 259.6 336.6 309.6 160.7 274.0 332.0 299.9 140.4 312.5 227.5 259.0 336.8 313.8 161.8 274.2 330.3 299.9 140.4 313.9 231.7 259.0 336.8 313.8 161.8 274.3 330.3 300.5 140.4 315.2 231.7 259.3 344.7 315.0 163.7 274.2 330.3 300.5 140.4 319.9 236.6 260.1 344.7 315.0 163.7 275.1 '339.6 298.9 '140.4 '329.6 '225.6 261.1 347.7 '315.1 '164.3 '274.9 338.2 291.8 136.8 346.5 196.7 260.6 347.7 314.5 164.2 276.0 338.3 291.8 136.8 357.5 196.8 260.7 347.3 314.4 164.1 276.3 337.9 295.9 137.1 357.0 202.4 261.9 336.2 312.8 161.4 276.4 338.6 305.8 138.0 357.2 216.4 265.4 345.2 314.1 163.6 276.6 3273 3274 3275 3291 3297 3312 3313 3316 3317 3321 Ready-mixed concrete.................................................................... Lime (12/75 = 100) ...................................................................... Gypsum products .......................................................................... Abrasive products (12/71 = 100) .................................................. Nonclay refractories (12/74 = 100)................................................ Blast furnaces and steel mills ........................................................ Electrometallurgical products (12/75 = 100) .................................. Cold finishing of steel shapes.......................................................... Steel pipes and tubes .................................................................... Gray iron foundries (12/68 = 100).................................................. 298.7 172.5 257.3 232.5 185.3 342.8 121.8 316.2 341.5 299.5 299.4 172.6 261.4 233.2 186.6 337.3 120.6 308.2 334.1 298.4 301.7 173.0 260.9 234.1 189.7 3382 120.7 309.5 336.3 298.4 300.7 173.1 261.8 235.0 189.7 350.1 121.2 325.0 348.2 298.8 300.0 173.9 258.9 235.1 189.7 350.0 121.5 325.7 350.6 299.9 299.2 173.7 252.9 237.3 189.7 350.3 121.4 326.2 350.5 302.0 299.5 173.7 251.5 237.6 189.7 353.1 125.4 326.4 362.0 303.3 299.4 173.5 252.5 241.0 190.2 353.0 125.4 326.4 362.3 305.2 299.6 173.8 250.6 241.0 190.3 353.3 125.3 326.7 363.0 306.1 '301.9 '178.8 250.9 '241.3 '191.2 '354.7 125.3 327.0 '363.7 '307.9 301.4 184.0 253.9 245.0 198.1 354.6 123.4 327.0 364.2 310.4 302.0 186.0 260.5 247.8 200.5 354.5 120.3 327.0 366.0 310.6 303.3 186.6 262.2 248.9 202.4 356.1 120.3 327.6 365.8 310.4 303.9 188.1 258.8 251.2 203.2 355.9 120.3 327.8 365.8 311.4 3333 3334 3351 3353 3354 3355 3411 3425 3431 3465 Primary zin c.................................................................................. Primary aluminum.......................................................................... Copper rolling and drawing ............................................................ Aluminum sheet, plate, and foil (12/75 - 100) ................................ Aluminum extruded products (12/75 = 100).................................... Aluminum rolling, drawing, n.e.c. (12/75 = 100) .............................. Meta' cans.................................................................................... Hand saws and saw blades (12/72 = 100) .................................... Metal sanitary ware........................................................................ Automotive stampings (12/75 = 100) ............................................ 326.5 333.5 212.4 175.9 180.1 159.1 305.3 201.3 265.0 146.4 332.7 334.2 2126 174.4 180.7 157.4 304.7 200.2 264.8 145.0 335.1 332.5 210.6 176.1 180.8 157.3 304.7 200.2 265.2 145.2 335.4 334.2 209.4 177.3 181.2 157.2 305.5 204.1 269.2 146.2 353.8 334.4 212.9 177.4 181.3 157.2 306.7 204.2 269.7 146.4 355.9 333.6 214.1 178.0 181.2 157.7 306.8 204.6 270.2 146.9 337.0 333.5 212.3 179.9 181.3 163.0 307.0 204.8 270.3 147.4 337.5 332.5 209.2 180.2 181.4 166.2 306.0 205.0 271.6 149.7 315.7 332.8 207.1 180.8 181.1 166.1 304.9 206.0 271.8 149.1 '308.6 '324.1 '204.8 '181.8 '180.8 166.1 '310.8 '211.6 '271.3 '150.1 308.9 327.9 204.1 181.6 180.8 166.6 314.4 214.2 271.8 152.5 298.6 320.7 199.6 181.4 180.5 165.9 315.1 214.3 273.8 152.6 273.4 316.5 196.6 180.1 179.9 162.9 319.6 214.9 275.8 152.7 259.9 313.8 197.5 178.7 180.2 163.0 320.4 220.8 275.7 153.0 3482 3493 3494 3498 3519 3531 3532 3533 3534 3542 Small arms ammunition (12/75 = 100) .......................................... Steel springs, except wire .............................................................. Valves and pipe fittings (12/71 = 1 0 0 )............................................ Fabricated pipe and fittings ............................................................ Internal combustion engines, n.e.c..................................................... Construction machinery (12/76 = 100) .......................................... Mining machinery (12/72 = 100).................................................... Oilfield machinery and equipment.................................................... Elevators and moving stairways...................................................... Machine tools, metal forming types (12/71 = 1 0 0 ) .......................... 160.5 245.1 248.4 361.4 311.0 157.0 282.3 395.4 253.5 306.4 157.8 241.7 247.9 359.9 306.2 155.3 280.0 384.6 251.2 304.5 157.8 241.9 248.5 361.6 307.2 156.9 280.8 390.3 251.2 305.7 157.8 243.7 250.0 364.6 312.0 159.0 282.7 401.3 252.1 307.6 159.9 248.9 251.0 370.0 314.2 159.5 285.3 406.5 252.8 309.5 159.9 252.4 252.7 375.1 322.1 160.1 286.9 411.3 254.6 312.0 159.9 253.9 252.9 377.7 323.2 161.0 288.5 415.6 257.0 311.7 159.9 254.1 253.5 378.6 326.4 161.6 290.8 418.2 260.7 312.3 163.9 256.1 255.7 379.3 325.4 159.7 292.9 420.3 265.6 319.3 '167.5 '255.8 '257.7 378.6 '329.4 '162.5 '295.5 '427.2 '264.3 '319.7 173.2 257.2 257.1 377.7 330.0 163.1 297.5 429.1 268.9 316.9 173.2 256.6 257.4 376.5 330.7 163.2 299.6 433.7 269.9 324.5 171.9 256.0 258.6 385.5 332.6 164.1 301.4 436.2 270.8 325.5 171.9 255.3 259.2 385.4 337.0 165.2 302.7 435.8 271.6 325.6 3546 3552 3553 3576 3592 3612 3623 3631 3632 3633 Power driven hand tools (12/76 = 100).......................................... Textile machinery (12/69 = 100).................................................... Woodworking machinery (12/72 = 100).......................................... Scales and balances, excluding laboratory ...................................... Carburetors, pistons, rings, valves (6/76 = 100).............................. transformers ................................................................................ Welding apparatus, electric (12/72 = 100)...................................... Household cooking equipment (12/75 = 100).................................. Household refrigerators, freezers (6/76 = 100) .............................. Household laundry equipment (12/73 = 100).................................. 147.1 243.4 224.5 226.2 177.9 209.7 227.2 141.1 132.3 174.2 147.0 241.2 219.1 230.2 172.0 207.8 225.9 140.7 129.5 173.9 147.1 244.4 219.7 230.3 176.5 209.6 227.2 141.0 130.8 173.6 148.2 246.2 224.0 226.6 180.8 210.7 228.3 140.5 135.5 174.1 148.4 245.4 225.4 226.6 181.3 212.8 229.6 141.5 135.5 174.6 148.6 248.2 2289 226.1 182.1 214.5 231.6 141.6 136.4 177.2 149.5 248.0 228.9 226.2 185.4 217.3 232.5 141.6 137.8 177.0 149.5 247.9 229.1 226.3 187.2 222.0 233.2 141.9 137.9 178.4 150.0 249.9 229.1 226.5 187.3 222.0 235.8 142.6 137.9 178.8 153.3 '252.3 '233.7 '228.3 '185.3 '220.5 '236.8 '146.0 '140.1 '180.1 153.4 250.7 229.2 228.9 189.4 221.9 236.0 146.3 139.6 180.4 153.4 253.4 229.6 229.8 190.2 222.4 231.5 146.9 140.8 186.2 154.0 256.2 235.0 229.6 192.6 223.2 232.9 146.2 142.5 186.9 156.1 256.5 234.7 229.5 195.2 224.7 232.9 146.8 143.2 188.6 3635 3636 3641 3644 3646 3648 3671 3674 3675 3676 Household vacuum cleaners .......................................................... Sewing machines (12/75 = 100).................................................... Electric lamps................................................................................ Noncurrent-carrying wiring devices (12/72 = 100) .......................... Commercial lighting fixtures (12/75 = 100) .................................... Lighting equipment, n.e.c. (12/75 = 100) ........................................ Electron tubes receiving typ e .......................................................... Semiconductors and related devices .............................................. Electronic capacitors (12/75 = 100) .............................................. Electronic resistors (12/75 = 100).................................................. 156.8 146.6 277.5 250.4 154.4 155.7 309.7 90.4 170.3 141.3 158.5 153.8 275.1 242.8 156.2 153.3 285.1 90.6 168.5 140.8 158.6 153.8 276.5 251.5 156.2 153.7 312.5 90.3 171.2 141.2 158.6 153.8 275.2 253.3 154.4 153.8 327.4 89.2 171.4 142.1 158.8 153.8 280.0 253.8 155.5 161.3 327.5 89.2 178.8 142.5 158.8 153.8 283.1 258.5 157.6 161.7 327.5 91.4 172.4 142.7 161.3 156.0 285.9 258.7 158.9 162.0 327.5 91.6 171.5 142.7 161.0 156.0 284.8 262.1 159.3 162.4 327.8 92.0 168.1 143.0 160.8 156.0 281.3 262.1 159.2 163.1 342.2 91.7 166.6 142.8 '165.6 '156.0 '282.1 '257.9 '159.2 '162.8 '374.1 90.9 '167.4 '143.7 158.3 155.2 286.2 261.5 161.1 167.8 374.9 90.8 169.3 143.9 158.8 155.2 283.5 261.5 163.2 168 8 375.191.2 168.6 144.0 158.2 153.7 290.7 259.5 163.6 170.2 375.2 90.1 167.8 144.7 158.3 153.7 294.5 263.0 167.5 170.4 375.0 89.6 166.6 145.2 3678 3692 3711 3942 3944 3955 3995 3996 Electronic connectors (12/75 = 100).............................................. Primary batteries, dry and w e t........................................................ Motor vehicles and car bodies (12/75 = 100).................................. Dolls (12/75 = 100)...................................................................... Games, toys, and children's vehicles .............................................. Carbon paper and inked ribbons (12/75 = 100) .............................. Burial caskets (6/76 = 100) .......................................................... Hard surface floor coverings (12/75 = 100).................................... 154.8 182.2 150.2 131.1 220.5 138.6 139.5 151.8 153.7 181.0 149.6 130.9 221.8 136.9 138.3 151.5 154.3 181.0 150.3 130.9 221.9 140.4 138.3 151.5 155.0 181.6 150.3 130.9 222.0 140.4 138.3 153.3 155.8 182.7 150.1 130.9 222.0 140.6 140.6 153.6 156.5 182.7 143.4 130.9 222.2 140.6 143.4 153.7 156.8 182.7 158.6 130.9 222.2 140.2 143.4 153.7 155.8 182.7 158.7 130.9 222.6 140.2 143.4 153.7 155.8 182.7 159.1 130.9 223.9 140.3 142.7 153.7 '155.9 '182.0 '159.8 '135.5 '228.4 140.3 142.7 155.1 156.9 185.0 154.5 136.2 229.9 140.3 143.8 155.2 157.1 191.2 154.7 136.2 231.4 140.3 145.3 156.1 156.7 195.4 154.5 136.5 231.4 140.3 145.3 156.1 158.1 194.9 156.7 136.5 231.7 140.5 149.3 156.3 1Data for January 1982 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. Digitized for 94 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 Not available, r=revised. PRODUCTIVITY DATA P r o d u c t i v i t y d a t a are c o m p ile d b y th e B ureau o f L ab or S ta tistic s from esta b lish m e n t d a ta an d from e stim a tes o f c o m p e n sa tio n a n d o u tp u t su p p lied b y th e U .S . D ep a rtm en t o f C o m m erce a n d th e F ed eral R eserv e B oard. Definitions Output is the constant dollar gross domestic product produced in a given period. Indexes of output per hour of labor input, or labor pro ductivity, measure the value of goods and services produced per hour of labor. Compensation per hour includes wages and salaries of em ployees plus employers’ contributions for social insurance and private benefit plans. The data also include an estimate of wages, salaries, and supplementary payments for the self-employed, except for nonfinancial corporations, in which there are no self-employed. Real com pensation per hour is compensation per hour adjusted by the Consumer Price Index for All Urban Consumers. U n it labor cost measures the labor compensation cost required to produce one unit of output and is derived by dividing compensation by output. U n it nonlabor payments include profits, depreciation, in terest, and indirect taxes per unit of output. They are computed by subtracting compensation of all persons from the current dollar gross domestic product and dividing by output. In these tables, unit nonlabor costs contain all the components of unit nonlabor payments except unit profits. U n it profits include corporate profits and invento ry valuation adjustments per unit of output. The implicit price deflator is derived by dividing the current dollar estimate of gross product by the constant dollar estimate, making the deflator, in effect, a price index for gross product of the sector reported. 28. The use of the term “man hours” to identify the labor component of productivity and costs, in tables 28 through 31, has been discontin ued. Hours of all persons is now used to describe the labor input of payroll workers, self-employed persons, and unpaid family workers. Output per all-employee hour is now used to describe labor productiv ity in nonfinancial corporations where there are no self-employed. Notes on the data In the private business sector and the nonfarm business sector, the basis for the output measure employed in the computation of output per hour is Gross Domestic Product rather than Gross National Product. Computation of hours includes estimates of nonfarm and farm proprietor hours. Output data are supplied by the Bureau of Economic Analysis, U.S. Department of Commerce, and the Federal Reserve Board. Quarterly manufacturing output indexes are adjusted by the Bureau of Labor Statistics to annual estimates of output (gross product originating) from the Bureau of Economic Analysis. Compensation and hours data are from the Bureau of Economic Analysis and the Bureau of Labor Statistics. Beginning with the September 1976 issue of the Review, the produc tivity tables were revised to reflect changeover to the new series— pri vate business sector and nonfarm business sector— which differ from the previously published total private economy and nonfarm sector in that output imputed for owner-occupied dwellings and the household and institutions sectors, as well as the statistical discrepancy, are omitted. For a detailed explanation, see J. R. Norsworthy and L. J. Fulco, “New sector definitions for productivity series,” M o n th ly L abor Review, October 1976, pages 40-42. Annual indexes of productivity, hourly compensation, unit costs, and prices, selected years, 1950-81 [1977=100] Item Private business sector: Output per hour of all persons ........................ Compensation per hour .................................. Real compensation per hour............................ Unit labor c o s t................................................ Unit nonlabor payments .................................. Implicit price deflator ...................................... Nonfarm business sector: Output per hour of all persons ........................ Compensation per hour .................................. Real compensation per hour............................ Unit labor c o st................................................ Unit nonlabor payments .................................. Implicit price deflator ...................................... Nonfinancial corporations: Output per hour of all employees .................... Compensation per hour .................................. Real compensation per hour............................ Unit labor c o s t................................................ Unit nonlabor payments .................................. Implicit price deflator ...................................... Manufacturing: Output per hour of all persons ........................ Compensation per hour .................................. Real compensation per hour............................ Unit labor c o s t................................................ Unit nonlabor payments .................................. Implicit price deflator ...................................... 1950 1955 1960 1965 1970 1974 1975 1976 1977 1978 1979 1980 50.3 20.0 50.4 39.8 43.5 41.0 58.2 26.3 59.6 45.2 47.8 46.1 65.1 33.9 69.4 52.1 50.8 51.7 78.2 41.7 80.0 53.3 57.8 54.8 86.1 58.2 90.8 67.6 63.4 66.2 92.7 78.0 95.9 84.2 78.9 82.4 94.8 85.5 96.3 90.2 90.7 90.4 97.9 92.9 98.8 94.8 94.4 94.7 100.0 100.0 100.0 100.0 100.0 100.0 99.8 108.4 100.7 108.6 105.1 107.4 99.5 119.3 99.6 119.9 110.9 116.9 99.3 131.5 96.7 132.4 118.3 127.6 100.4 144.6 96.3 144.0 130.6 139.4 56.2 21.8 55.0 38.8 42.8 40.2 62.7 28.3 63.9 45.1 47.9 46.0 68.2 35.6 73.0 52.3 50.5 51.7 80.4 42.8 82.2 53.2 58.2 54.9 86.7 58.6 91.5 67.6 64.0 66.4 93.1 78.4 96.4 84.3 76.1 81.6 95.0 86.0 96.8 90.5 88.9 899 98.1 93.0 99.0 94.8 94.0 94.5 100.0 100.0 100.0 100.0 100.0 100.0 99.8 108.5 100.7 108.7 103.6 107.0 99.1 119.0 99.3 120.0 108.5 116.2 98.8 130.8 96.2 132.4 117.6 127.4 99.7 143.9 95.9 144.3 130.4 139.7 79.9 43.0 82.6 53.8 60.8 56.2 85.4 58.3 91.0 68.3 63.1 66.5 91.3 77.6 95.4 85.1 75.7 81.8 94.4 85.5 96.3 90.6 90.9 90.7 97.4 92.5 98.5 95.0 95.0 95.0 100.0 100.0 100.0 100.0 100.0 100.0 100.4 108.2 100.5 107.8 103.8 106.4 100.4 118.7 99.1 118.2 108.3 114.8 101.0 130.7 96.2 129.4 117.3 125.2 103.5 143.9 95.9 139.0 132.3 136.7 74.6 42.9 82.3 57.4 70.3 61.2 79.2 57.6 89.9 72.7 66.0 707 90.9 76.4 93.9 84.1 70.4 80.1 93.5 85.5 96.3 91.4 88.5 90.6 97.7 92.4 98.3 94.6 95.1 94.7 100.0 100.0 100.0 100.0 100.0 100.0 100.9 108.2 100.5 107.3 104.7 106.5 102.0 118.8 99.2 116.5 105.7 113.4 101.7 131.6 96.8 129.4 108.7 123.4 104.0 146.2 97.4 140.6 122.6 135.4 (’) (') ( 1) ( ') (’ ) (’ ) ( ') ( ’) ( ') (’ ) (’ ) 66.3 36.3 74.2 54.7 54.6 54.7 49.5 21.5 54.1 43.4 55.1 46.8 56.5 28.8 65.2 51.0 59.4 53.4 60.1 36.7 75.1 61.1 62.0 61.3 (’) 1981 1Not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 95 M ONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Productivity 29. Annual changes in productivity, hourly compensation, unit costs, and prices, 1971-81 Private business sector: Output per hour of all persons ............................ Compensation per h o u r...................................... Real compensation per hour................................ Unit labor cost.................................................... Unit nonlabor payments...................................... Implicit price deflator .......................................... Nonfarm business sector: Output per hour of all persons ............................ Compensation per hour ...................................... Real compensation per hour................................ Unit labor cost.................................................... Unit nonlabor payments...................................... Implicit price deflator .......................................... Nonfinancial corporations: Output per hour of all employees ........................ Compensation per hour ...................................... Real compensation per hour................................ Unit labor cost.................................................... Unit nonlabor payments...................................... Implicit price deflator .......................................... Manufacturing: Output per hour of all persons ............................ Compensation per hou r...................................... Real compensation per hour................................ Unit labor cost.................................................... Unit nonlabor payments...................................... Implicit price deflator .......................................... 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 3.6 6.6 2.2 2.9 7.6 4.4 3.5 6.5 3.1 2.9 4.5 3.4 2.7 8.0 1.7 5.2 5.9 5.4 -2.3 9.4 -1.4 11.9 4.4 9.4 2.3 9.6 0.4 7.2 15.0 9.7 3.3 8.6 2.7 5.1 4.1 4.7 2.1 7.7 1.2 5.5 5,9 5.6 -0.2 8.4 0.7 8.6 5.1 7.4 -0,3 10.1 -1.1 10.4 5.5 8.8 -0.2 10.2 -2.9 10.4 6,6 9.2 1.1 10.0 -0.3 8.8 10.4 9.3 2.4 6.2 2.3 3.6 3.3 3.5 2.1 7.2 1.7 5.0 4.5 4.9 3.3 6.6 2.2 3.1 7.4 4.5 3.7 6.7 3.3 2.8 3.2 3.0 2.5 7.6 1.3 4.9 1.3 3.7 -2.4 9.4 -1.4 12.1 5.9 10.1 2.1 9.6 0.4 7,4 16.7 10.3 3.2 8,1 2.2 4.7 5.7 5.1 2.0 7.6 1.0 5.5 6.4 5.8 -0.2 8.5 0,7 8.7 3.6 7.0 -0.7 9.7 -1.4 10.4 4.8 8.6 -0.3 9.9 -3.2 10.3 8.4 9.7 0.9 10.0 -0.3 9.0 10,9 9.6 2.1 5.9 2.0 3.7 3.3 3.6 1.8 7.0 1.5 5.0 4.4 4.8 4.8 6.5 2.1 1.6 7.4 3.5 3.0 5.8 2.5 2.8 2.7 2.8 2.6 7.7 1.4 4.9 1.5 3.8 -3.4 9.7 -1.1 13.6 7.1 11.4 3.4 10.1 0.9 6.5 20.1 10.9 3.2 8.2 2.3 4.9 4.6 4.8 2.7 8.1 1.5 5.3 5.2 5.2 0.4 8.2 0.5 7.8 3.8 6.4 0.0 9.7 -1.4 9.7 4.4 7.9 0.6 10.1 -3.0 9.5 8.3 9.1 2.4 10.0 -0.3 7,4 12.8 9.2 (’ ) (’ ) (’ > (’ ) ( ') (’ ) 2.0 6.9 1.4 4.8 4.0 4.5 6.1 6.1 1.8 0.0 11.2 3.1 5.0 5.4 2.0 0.3 0.8 0.5 '5.4 7.2 0.9 1.7 -3.3 0.3 -2.4 10.6 -0.3 13.3 -1.8 9.0 2.9 11.9 2.5 8.8 25.9 13.1 4.4 8.0 2.1 3.4 7.4 4.6 2.4 8.3 1.7 5.7 5.2 5.6 0.9 8.2 0.5 7.3 4.7 6.5 1.1 9.8 -1.3 8.6 0.9 6,4 -0.3 10.7 -2.5 11.0 2.9 8.8 '2.2 11.1 0.7 8.7 12.7 9.7 2.6 5.8 2.0 3.1 '2.3 '2.8 2.6 6.9 1.4 4.1 '3.0 '3.8 1Not available. 30. Annual rate of change Year Item 1950-81 1960-81 r=revised. Quarterly indexes of productivity, hourly compensation, unit costs, and prices, seasonally adjusted [1977 = 1 0 0 ] Item Private business sector: Output per hour of all persons ............................ Compensation per hour ...................................... Real compensation per hour................................ Unit labor cost.................................................... Unit nonlabor payments...................................... Implicit price deflator .......................................... Nonfarm business sector: Output per hour of all persons ............................ Compensation per h o u r...................................... Real compensation per hour................................ Unit labor cost.................................................... Unit nonlabor payments...................................... Implicit price deflator .......................................... Nonfinancial corporations: Output per hour of all employees........................ Compensation per hour ...................................... Real compensation per hour................................ Total unit costs .................................................. Unit labor cost ............................................ Unit nonlabor costs...................................... Uni: profits ........................................................ Implicit price deflator .......................................... Manufacturing: Output per hour of all persons ............................ Compensation per hour ...................................... Real compensation per hour................................ Unit labor cost.................................................... r=revised. 96 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Quarterly indexes Annual average 1979 1980 1981 1982 1980 1981 III IV I II III IV I II III IV I 99.3 131.5 96.7 132.4 118.3 127.6 100.4 144.6 96.3 144.0 130.6 139.4 99.4 120.7 99.2 121.4 111.5 118.1 99.1 123.2 98.0 124.3 112.2 120.2 99.5 126.4 96.7 127.0 115.2 123.0 99.1 130.1 96.6 131.3 116.0 126.1 99.4 133.1 96.9 133.9 119.7 129.1 99.1 135.9 96.0 137.1 122.7 132.2 100.3 139.8 96.1 139.4 127.6 135.4 101.2 143.3 96.9 141.6 129.3 137.5 100.9 146.5 96.3 145.2 132.4 140.9 99.2 148.5 95.8 149.7 132.6 143.9 98.9 '151.2 '96.8 '152.8 ' 129 2 144.9 98.8 130.8 96.2 132.4 117.6 127.4 99.7 143.9 95.9 144.3 130.4 139.7 98.9 120.2 98.8 121.5 109.2 117.4 98.8 123.0 97.8 124.4 110.1 119.7 98.9 126.0 96.4 127.4 113.9 122.9 98.2 129.4 96.0 131.8 115.1 126.3 99.0 132.3 96.3 133.6 119.2 128.8 99.0 135.4 95.7 136.8 122.0 131.9 100.0 139.2 95.7 139.1 127.8 135.3 100.4 142.4 96.3 141.9 128.7 137.5 99.9 145.7 95.8 145.8 132.2 141.2 98.2 147.9 95.4 150.7 132.8 144.7 '98.3 '150.8 '96.5 '153.3 '129.7 '145.4 101.0 130.7 96.2 129.7 129.4 130.2 90.2 125.2 103.5 143.9 95.9 140.9 139.0 146.1 103.6 136.7 100.5 120.1 98,7 118.2 119.5 114.6 97.5 115.9 99.9 122.7 97.5 121.3 122.8 117.2 92.2 118.1 100.2 125.7 96.2 124.2 125.4 120.9 95.5 121.0 100.1 129.3 95.9 129.2 129.1 129.3 83.4 124.1 101.8 132.5 96.5 131.1 130.2 133.8 89.1 126.4 101.8 135.5 95.7 134.1 133.1 136.9 92.4 129.5 103.4 139.3 '95.8 136.0 134.7 139.5 106.8 132.7 104.0 142.4 96.3 138.7 137.0 143.6 102.8 134.7 103.8 145.5 95.7 142.2 140.2 147.7 106.7 138.2 102.4 148.0 '95.5 147.0 144.6 153.8 96.6 141.4 »102.3 »151.1 »96.7 »150.0 »147.7 »156.3 »80.7 »142.2 101.7 131.6 96.8 129.4 104.0 146.2 97.4 140.6 102.0 119.8 98.5 117.5 102.1 122.3 97.2 119.8 102.1 125.4 96.0 122.8 100.8 130.0 96.5 129.0 100.7 133.9 97.5 133.0 103.1 137.3 97.0 133.2 '103.9 141.1 97.1 '135.8 '104.8 144.8 97.9 '138.2 105.0 148.0 97.3 141.0 102.0 150.8 97.3 147.8 '100.7 154.7 99.0 '153.5 31. Percent change from preceding quarter and year in productivity, hourly compensation, unit costs, and prices, seasonally adjusted at annual rate [1977 = 100] Percent change from same quarter a year ago Quarterly percent change at annual rate Private business sector: Output per hour of all persons .................... Compensation per hour .............................. Real compensation per hour........................ Unit labor costs .......................................... Unit nonlabor payments .............................. Implicit price deflator .................................. Nonfarm business sector: Output per hour of all persons .................... Compensation per hour .............................. Real compensation per hour........................ Unit labor costs .......................................... Unit nonlabor payments .............................. Implicit price deflator .................................. Nonfinancial corporations: Output per hour of all employees ................ Compensation per hour .............................. Real compensation per hour........................ Total unit costs .......................................... Unit labor costs ...................................... Unit nonlabor costs.................................. Unit profits.................................................. Implicit price deflator .................................. Manufacturing: Output per hour of all persons .................... Compensation per hour .............................. Real compensation per hour........................ Unit labor costs .......................................... 1 1981 to I 1982 IV 1979 to IV 1980 1 1980 to I 1981 II 1980 to II 1981 III 1980 to III 1981 IV 1980 to IV 1981 '- 0 .9 '7.6 '4.2 8.6 -9.7 2.6 0.0 10.3 -2.0 10.3 9.3 10.0 0.8 10.6 -0.6 9.7 10.8 10.1 2.1 10.1 0.3 7.8 11.5 9.0 1.5 10.1 -0.6 8.5 10.6 9.1 9.3 -0.2 '9.3 8.1 8.9 -1.4 '8.2 '0.7 '9.7 '1.3 7.0 '- 6 .9 '6.3 '- 1 .4 '14.1 '- 1 .8 '10.1 '0.5 '7.9 '4.5 '7.3 '- 9 .0 '2.1 0.2 10.1 -2.2 9.9 10.8 10.2 1.2 10.5 -0.7 9.2 12.2 10.1 2.3 10.0 0.3 7.6 11.8 8.9 0.9 10.2 -0.6 9.2 10.9 9.7 -0.8 9.3 -0.2 10.1 8.8 9.7 '- 1 .7 '8.3 '0.8 '10.2 '1.5 7.5 -0.5 9.1 -2.5 10.3 9.7 11.8 15.7 10.7 -5.5 6.9 0.8 14.4 13.2 17.6 -32.6 9.6 p -0.3 p8.6 p5.2 p8.3 p8.9 p6.7 p51.4 p2.4 1.9 10.4 -1.9 10.5 8.4 16.8 0.3 9.6 3.2 10.8 -0.4 9.5 7.4 15.4 11.8 9.7 3.8 10.1 0.4 7.4 6.1 11.1 23.3 8.6 2.0 9.9 -0.8 8.4 7.7 10.4 19.7 9.3 0.6 9.2 -0.3 9.6 8.6 12.3 4.5 9.2 p - t.1 p8.5 p0.9 »10.3 p9.7 »12.0 p -24.4 »7.2 '0.9 9.3 -2.4 r8.3 r -11.0 7.6 -0.2 '20.9 '- 4 .9 '10.7 '7.2 '16.5 1.0 12.3 -0.2 11.2 '1.8 12.5 1.1 '10.6 '4.0 11.4 1.5 '7.1 '4.3 10.5 -0.2 6.0 -1.1 9.8 0.3 '11.0 -3.0 9.6 2.0 13.0 III 1981 to IV 1981 IV 1981 to 1 1982 -1.1 9.3 -2.3 10.6 10.1 10.4 ' -6.6 5.5 -2.1 r 13.0 '0.4 '8.9 1.4 9.6 2.5 8.1 3.0 6.5 -1.7 9.5 -2.2 11.5 11.3 11.4 6.6 11.7 0.3 5.6 4.8 7.9 77.9 10.4 2.2 9.3 2.1 8.4 7.0 12.3 -13.9 6.2 r3.1 11.6 -0.2 '8.2 '3.5 10.8 3.5 r7.0 III 1980 to IV 1980 IV 1980 to I 1981 I 1981 to II 1981 II 1981 to III 1981 -1.1 8.6 -3.8 9.8 10.2 9.9 4.7 11.9 0.5 6.9 17.1 10.0 3.5 10.4 3.2 6.6 5.3 6.2 -0.2 9.8 -2.7 10.1 9.9 10.0 4,4 11.7 0.3 7.0 20.2 11.0 0.0 9.4 -3.1 9.4 9.4 9.5 15.7 9.9 r9.8 10.5 -2.2 0.6 0.0 r=revised. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 97 WAGE AND COMPENSATION DATA Data for the Employment Cost Index are reported to the Bureau of Labor Statistics by a sample of 2,000 private non farm establishments and 750 State and local government units selected to represent total employment in those sectors. On average, each reporting unit provides wage and compensation information on five well-specified occupations. Data on negotiated wage and benefit changes are obtained from contracts on file at the Bureau, direct contact with the parties, and secondary sources. Definitions The Employment Cost Index (ECI) is a quarterly measure of the average change in the cost of employing labor. The rate of total com pensation, which comprises wages, salaries, and employer costs for employee benefits, is collected for workers performing specified tasks. Employment in each occupation is held constant over time for all se ries produced in the ECI, except those by region, bargaining status, and area. As a consequence, only changes in compensation are meas ured. Industry and occupational employment data from the 1970 Cen sus of Population are used in deriving constant weights for the ECI. While holding total industry and occupational employment fixed, in the estimation of indexes by region, bargaining status, and area, the employment in those measures is allowed to vary over time in accord with changes in the sample. The rate of change (in percent) is avail able for wages and salaries, as well as for total compensation. Data are collected for the pay period including the 12th day of the survey months of March, June, September, and December. The statistics are neither annualized nor adjusted for seasonal influence. Wages and salaries consist of earnings before payroll deductions, ex cluding premium pay for overtime, work on weekends and holidays, and shift differentials. Production bonuses, incentive earnings, com missions, and cost-of-living adjustments are included; nonproduction bonuses are included with other supplemental pay items in the bene fits category; and payments-in-kind, free room and board, and tips are excluded. B enefits include supplemental pay, insurance, retirement and savings plans, and hours-related and legally required benefits. D ata on negotiated wage changes apply to private nonfarm industry collective bargaining agreements covering 1,000 workers or more. Data on compensation changes apply only to those agreements cover ing 5,000 workers or more. F irst-year wage or compensation changes refer to average negotiated changes for workers covered by settle ments reached in the period and implemented within the first 12 months after the effective date of the agreement. C hanges over the life Digitized for 98FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis o f the agreem en t refer to all adjustments specified in the contract, expressed as an average annual rate. These measures exclude wage changes that may occur under cost-of-living adjustment clauses, that are triggered by movements in the Consumer Price Index. W age-rate changes are expressed as a percent of straight-time hourly earnings; com pensation changes are expressed as a percent of total wages and benefits. Effective wage adjustments reflect all negotiated changes implemented in the reference period, regardless of the settlement date. They include changes from settlements reached during the period, changes deferred from contracts negotiated in an earlier period, and cost-of-living ad justments. The data also reflect contracts providing for no wage ad justment in the period. Effective adjustments and each of their components are prorated over all workers in bargaining units with at least 1,000 workers. Notes on the data The Employment Cost Index data series began in the fourth quar ter of 1975, with the quarterly percent change in wages and salaries in the private nonfarm sector. Data on employer costs for employee bene fits were included in 1980, to produce a measure of the percent change in employers’ cost for employees’ total compensation. State and local government units were added to the ECI coverage in 1981, providing a measure of total compensation change in the civilian non farm economy. Data for the broad white-collar, blue-collar, and service worker groups, and the manufacturing, nonmanufacturing, and service indus try groups are presented at the ECI. Additional occupation and in dustry detail are provided for the wages and salaries component of total compensation in the private nonfarm sector. For State and local government units, additional industry detail is shown for both total compensation and its wages and salaries component. Historical indexes (June 1981 = 100) of the quarterly rates of chang es presented in the ECI are also available. For a more detailed discussion of the ECI, see chapter 25, “The Employment Cost Index,” of the BLS H an d b o o k o f M ethods (Bulletin 1910), and the M o n th ly L a b o r R eview articles: “Employment Cost In dex: a measure of change in the ‘price of labor,’” July 1975; “How benefits will be incorporated into the Employment Cost Index,” Janu ary 1978; and “The Employment Cost Index: recent trends and ex pansion,” May 1982. Additional data for the ECI and other measures of wage and com pensation changes appear in C urrent W age D evelopm ents, a monthly periodical of the Bureau. 32. Employment Cost Index, total compensation [June 1981=100] Percent change ' 1981 1980 1982 Series Private nonfarm workers Workers, by occupational group White-collar workers ...................................................... Blue-collar workers........................................................ Serv.ce workers ............................................................ Workers, by industry division Manufacturing................................................................ Nonmanufacturing.......................................................... March 1982 Dec. 100.0 102.6 104.5 106.3 1.7 100.0 100.0 100.0 102.7 102.3 102.8 104.9 104.1 104.2 106.5 105.7 107.2 1.5 1.5 2.9 — — — 100.0 100.0 100.0 100.0 102.1 102.8 104.4 104.3 104.0 104.8 107.1 106.0 106.0 106.4 108.2 108.1 1.9 1.5 1.0 2.0 — — 98.1 100.0 102.0 104.0 105.8 1.7 7.8 100.0 100.0 100.0 101.8 102.2 101.9 104.0 104.0 103.1 105.8 105.6 106.7 1.7 1.5 3.5 7.6 8.0 7.5 100.0 100.0 102.1 102.0 104.0 103.9 106.0 105.7 1.9 1.7 8.2 7.6 June Sept. Dec. March June — — — — — — — — — — — — — — — — — — - — — — - — — — — — — — — — — — — 88.6 90.7 92.8 94.7 March — - 88.7 88.3 899 90.8 90.5 90.8 926 93.0 92.7 94.5 94.9 94.3 98.3 97.8 99.3 88.7 88.6 90.5 90.8 92.6 92.9 94.7 94.7 98.0 98.2 — — — - - 100.0 105.3 107.4 108.8 1.3 _ — — — — — — — — — — 100.0 100.0 105.7 104.2 107.8 105.9 109.1 108.2 1.2 2.2 — — 100.0 100.0 100.0 100.0 100.0 105.8 106.0 106.3 105.0 104.3 107.9 107.9 108.3 107.8 106.0 109.0 108.9 109.3 109.5 108.1 1.0 .9 .9 1.6 2.0 — — — — State and local government workers Workers, by occupational group White-collar workers ...................................................... Blue-collar workers ........................................................ Workers, by industry division Services........................................................................ Schoo'S .................................................................... Elementary and secondary...................................... Hospitals and other services3 ...................................... Public administration2 .................................................... 'Excludes private household and Federal workers. Consists of legislative, judicial, administrative, and regulatory activities. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12 months ended Sept. March Civilian nonfarm workers’ Workers, by occupational group White-collar workers ...................................................... Blue-collar workers ........................................................ Service workers ............................................................ Workers, by industry division Manufacturing................................................................ Nonmanufacturing.......................................................... Services.................................................................... Public administration2 .................................................. 3 months ended — — — — — — — — — — — — — — — — — — — — — includes, for example, library, social, and health services. Note: Dashes indicate data not available. 99 MONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Wage and Compensation Data 33. Employment Cost Index, wages and salaries, by bargaining status, region, and area size [June 1981 = 100] Percent change March 1981 December 1981 March 1982 Union................................................................ Manufacturing................................................ Nonmanufacturing.......................................... 97.6 — — 104.8 104.6 105,0 Nonunion .......................................................... Manufacturing................................................ Nonmanufacturing.......................................... 98.4 _ Series 3 months ended 12 months ended March 1981 December 1981 1.6 1.6 1.7 11,8 - 10.7 ~~ 9.1 — ~ 1.8 1.7 1.8 1.7 2.1 1.6 10.2 ~ 9.4 - 7.0 - 3.6 4.1 2.0 1.4 1.5 2.9 10.9 10.4 9.9 9.6 7.7 8.3 106.5 105.9 107.0 1.7 1.7 1.7 2.2 2.0 2.3 1.4 1.1 1.7 10.2 10.1 10.4 9.6 8,9 10.2 9.3 8.4 10.2 103.2 103.3 103.2 105.6 105.9 105,5 3.3 2.7 3.5 1.6 1.6 1.6 2.3 2.5 2.2 8.9 7.6 9.4 8.5 8.3 8.6 7.5 8.2 7.3 98.3 98.0 98.1 97.9 104.4 102.8 103.3 105.1 106.1 105.7 104.7 107.9 2.4 3.3 3.0 2.7 2.7 .9 1.7 1.8 1.6 2.8 1.4 2.7 8.5 9.3 9.4 10.9 8.8 8.3 8.4 10.3 7.9 7.9 6.7 10.2 97.9 98.3 104.0 103.1 105.9 106.0 2.6 3.3 1.9 1.3 1.8 2.8 9.5 9,1 9.0 8.4 8.2 7.8 March 1981 December 1981 106.5 106.3 106.8 3.1 — 2.2 2.2 2.2 103.5 103.5 103.5 105.3 105.7 105.2 4.0 _ 98.1 98.1 104.1 103.2 105.7 106.2 Workers, by bargaining status' Union .............................................................. Manufacturing................................................ Nonmanufacturing.......................................... 97.4 97.7 97.1 105.0 104.7 105.2 Nonunion .......................................................... Manufacturing................................................ Nonmanufacturing.......................................... 98.2 97.9 98.3 Workers, by region' Northeast .......................................................... South................................................................ North Centrai .................................................... West ................................................................ Workers, by area size' Metropolitan areas ............................................ Other areas ...................................................... March 1982 March 1982 COMPENSATION Workers, by bargaining status' Workers, by area size' Metropolitan areas ............................................ Other areas ...................................................... WAGES AND SALARIES 'The indexes are calculated differently from those for the occupation and industry groups. For a detailed description of the index calculation, see BLS Handbook of Methods, Bulletin 1910. https://fraser.stlouisfed.org 100 Bank of St. Louis Federal Reserve 34. Employment Cost Index, wages and salaries, by occupation and industry group [June 1981=100] Percent change 1982 1981 1980 Series 3 months ended 12 months ended March 1982 March June Sept. Dec. March June Sept. Dec. March - - - - - 100.0 102.5 104.4 106.3 1.8 - _ _ _ — — - - — — 102.6 102.4 102.5 104.7 104.0 103.6 106.7 105.5 106.8 1.9 1.4 3.1 — - 100.0 100.0 100.0 _ _ _ _ — _ — — — - - - - - 100.0 100.0 100.0 100.0 102.1 102.7 104.4 103.8 104.0 104.5 106.6 105.5 105.9 106.5 108.6 107.5 1.8 1.9 1.9 1.9 — — _ 89.6 91.5 93.5 95.4 98.0 100.0 102.0 103.8 105.9 2.0 8.1 Workers, by occupational group White-collar workers ...................... Professional and technical workers Managers and administrators Salesworkers ............................ Clerical workers ........................ Blue-collar workers........................ Craft and kindred workers .......... Operatives, except transport Transport equipment operatives .. Nonfarm laborers ...................... Service workers ............................ 89.7 89.2 90.6 88.5 90.3 89.3 89.3 89.4 89.1 89.6 90.8 91.4 90.8 92.0 90.7 91.9 91.6 91.4 91.5 92.2 91.8 91.9 93.3 93.2 93.5 92.2 93.8 93.8 94.0 93.6 93.5 93.9 93.4 95.2 95.3 94.7 94.8 95.7 95.7 96.1 95.5 95.3 95.7 94.8 98.1 98.2 98.6 96.2 98.6 97.7 97.8 97.8 96.8 97.5 99.2 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 101.8 103.3 101.6 98.0 102.7 102.3 102.9 102.1 101.0 101.5 101.8 103.9 105.5 102.8 101.9 104.2 103.9 104.3 104.1 102.7 103.3 102.7 106.2 108.0 105.8 102.2 107.0 105.4 106.2 105.4 103.2 104.1 106.7 2.2 2.4 2.9 .3 2.7 1.4 1.8 1.2 .5 .8 3.9 8.3 10.0 7.3 6.2 8.5 7.9 8.6 7.8 6.6 6.8 7.6 Workers, by industry division Manufacturing.................................... Durables........................................ Nondurables.................................. Nonmanufacturing.............................. Construction.................................. Transportation and public utilities . . . Wholesale and retail trade.............. Wholesale trade ........................ Retail trade................................ Finance, insurance, and real estate .. Services........................................ 89.9 89.3 91.0 89.5 89.3 88.2 90.5 89.7 90.8 87.1 90.5 91.8 91.2 92.7 91.3 91.9 90.2 92.2 92.1 92.2 89.4 91.9 93.6 93.5 93.8 93.4 94.5 93.1 93.6 93.0 93.8 91.2 94.2 95.7 95.7 95.7 95.2 95.9 95.6 95.1 95.9 94.8 93.1 95.7 97.9 97.9 97.8 98.1 97.6 97.7 98.2 98.5 98.1 95.7 99.6 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 102.1 102,1 102.0 102.0 103.0 102.0 101.3 102.0 101.0 98.3 103.6 104.0 104.5 103.1 103.8 104.3 103.6 102.3 103.4 101.9 102.3 105.8 105.9 106.3 105.3 105.9 105.9 105.7 103.9 106.3 103.0 103.7 108.8 1.8 1.7 2.1 2.0 1.5 2.0 1.6 2.8 1.1 1.4 2.8 8.2 8.6 7.7 8.0 8.5 8.2 5.8 7.9 5.0 8.4 9.2 - - - - - 100.0 105.0 107.0 108.2 1.1 - _ _ _ 100.0 100.0 105.4 103.9 107.5 105.5 108.5 107.5 .9 1.9 - 100.0 100.0 100.0 100.0 100.0 105.5 105.7 106.0 104.6 103.3 107.6 107.7 107.9 107.3 105.5 108.4 108.3 108.7 108.8 107.5 .7 .6 .7 1.4 1.9 — — — Civilian nonfarm workers' Workers, by occupational group White-collar workers ...................... Blue-collar workers........................ Service workers ............................ Workers, by Industry division Manufacturing................................ Nonmanufacturing.......................... Services.................................... Public administration2 .................. All private nonfarm workers3 State and local governments .............. Workers, by occupational group White-collar workers ...................... Blue-collar workers........................ Workers, by industry division Services........................................ Schools .................................... Elementary and secondary Hospitals and other services4 Public administration2 .................... - - - - - _ _ _ _ _ _ _ — — — — — — — — — — — — _ _ 'Excludes private household and Federal workers. Consists of legislative, judicial, administrative, and regulatory activities. 3 Excludes private household workers. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis — - - 11Includes, for example, library, social, and health services. N ote: Dashes indicate data not available. 101 M ONTHLY LABOR REVIEW July 1982 • Current Labor Statistics: Wage and Compensation Data 35. Wage and compensation change, major collective bargaining settlements, 1977 to date [In percent] Quarterly average Annual average Measure 1980 1981 1978 1979 1980 1981 1 II III IV I 8.3 6.3 9.0 6.6 10.4 7.1 10.2 8.3 8.8 6.7 10.2 7.4 11.4 7.2 8.5 6.1 First year of contract.................... Annual rate over life of contract . . . 7.6 6.4 7.4 6.0 9.5 7.1 9.8 7.9 8.2 6.5 9.1 7.3 10.5 7.4 Manufacturing: First year of contract.................... Annual rate over life of contract . . . 8.3 6.6 6.9 5.4 7.4 5.4 7.2 6.1 7.2 5.7 6.7 5.1 Nonmanufacturing (excluding construction): First year of contract.................... Annual rate over life of contract . . . 8.0 6.5 7.6 6.2 9.5 6.6 9.8 7.3 9.4 7.6 Construction: First year of contract.................... Annual rate over life of contract . . . 6.5 6.2 8.8 8.3 13.6 11.5 13.5 11.3 10.8 9:1 1982 II III IV 7.7 7.2 11.6 10.8 10.5 8.1 11.0 5.8 1.8 1.1 8.3 6.5 7.1 6.2 11.8 9.7 10.8 8.7 9.0 5.7 2.2 2.0 8.4 5.6 7.8 5.8 6.4 5.5 8.2 6.7 9.0 7.5 6.6 5.4 1.9 1.8 10.3 8.5 9.5 5.9 8.2 6.8 8.0 7.3 11.8 9.1 8.6 7.2 9.6 5.6 1.8 1.4 12.2 10.4 15.4 13.0 14.3 12.0 11.4 10.3 12.9 11.1 16.4 12.4 11.4 11.7 9.3 8.9 IP Total compensation changes covering 5,000 workers or more, all industries: First year of contract.................... Annual rate over life of contract . . . Wage rate changes covering at least 1,000 workers, all industries: 36. Effective wage adjustments in collective bargaining units covering 1,000 workers or more, 1977 to date Year Year and quarter 1980 Measure 1977 1978 1979 1980 1981 1982 p 1981 I II III IV 1 II III IV I Average percent adjustment (including no change): All industries.................................................... Manufacturing.............................................. Nonmanufacturing........................................ 8.0 8.4 7.6 8.2 8.6 7.9 9.1 9.6 8.8 9.9 10.2 9.7 9.5 9.4 9.5 1.6 2.0 1.3 3.3 3.4 3.2 3.5 2.9 4.0 1.3 1.7 1.1 1.7 2.3 1.2 3.2 2.4 3.8 3.3 3.1 3.4 1.5 1.9 1.1 .9 .8 1.0 From settlements reached in period ...................... Deferred from settlements reached in earlier period . From cost-of-living clauses.................................... 3.0 3.2 1.7 2.0 3.7 2.4 3.0 3.0 3.1 3.6 3.5 2.8 2.5 3.8 3.2 .4 .5 .7 1.0 1.4 .8 1.7 1.2 .7 .5 .3 .6 .4 .5 .7 1.1 1.4 .7 .5 1.5 1.2 .4 .4 .6 .1 .5 .2 Total number of workers receiving wage change (in thousands)1 .................................................... — — — — 8,648 — — — - 3,855 4,701 4,364 3,225 2,713 — — — — 2,270 — — — — 579 909 540 604 153 — — — — — — — — 6,267 4,593 — — — — — — — — 888 2,639 2,055 2,669 3,023 2,934 882 2,179 1,033 1,750 145 _ — 4,937 4,092 4,428 5,568 6,176 From settlements reached in period........................................................ Deferred from settlements reached in earlier period .................................. From cost-of-living clauses.................................... Number of workers receiving no adjustments (in thousands) .................................................... 1The total number of workers who received adjustments does not equal the sum of workers that received each type of adjustment, because some workers received more than one type of adjustment during the period. Digitized for102 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis WORK STOPPAG E DATA Estimates of days idle as a percent of estimated working time meas W ork stoppages include all known strikes or lockouts involving 1,000 workers or more and lasting a full shift or longer. Data are based ures only the impact of larger strikes (1,000 workers or more). For largely on newspaper accounts and cover all workers idle one shift or merly, these estimates measured the impact of strikes involving 6 more in establishments directly involved in a stoppage. They do not workers or more; that is, the impact of virtually a ll strikes. Due to measure the indirect or secondary effect on other establishments budget stringencies, collection of data on strikes involving 6 workers whose employees are idle owing to material or service shortages. or more was discontinued with the December 1981 data. 37. Work stoppages involving 1,000 workers or more, 1947 to date Month and year 1974 . 1981: January.............................................................. February ............................................................ May .................................................................. 1982 p January.............................................................. February ............................................................ May .................................................................. Beginning in month or year Days idle Workers involved Number of stoppages In effect during month or year Beginning in month or year (in thousands) In effect during month (in thousands) Number (in thousands) Percent of estimated working time 270 245 262 424 1,629 1,435 2,537 1,698 25,720 26,127 43,420 30,390 .22 .38 .26 415 470 437 265 363 1,462 2,746 1,623 1,075 2,055 15,070 48,820 18,130 16,630 21,180 .12 .38 .14 .13 .16 287 279 332 245 222 1,370 887 1,587 1,381 896 26,840 10,340 17,900 60,850 13,260 .20 .07 .13 .43 .09 195 211 181 246 268 1,031 793 512 1,183 999 10,140 11,760 10,020 16,220 15,140 .07 .08 .07 .11 .10 321 381 392 412 381 1,300 2,192 1,855 1,576 2,468 16,000 31,320 35,567 29,397 52,761 .10 .18 .20 .16 .29 298 250 317 424 235 2,516 975 1,400 1,796 965 35,538 16,764 16,260 31,809 17,563 .19 .09 .08 .16 .09 231 298 219 235 187 1,519 1,212 t',006 1,021 795 23,962 21,258 23,774 20,409 20,844 .12 .10 .11 .09 .09 145 729 16,908 .07 6 7 16 17 18 12 10 20 27 27 12.0 10.7 201.6 48.0 85.1 29.6 20.9 207.8 223.5 259.0 257.9 118.5 861.8 4,085.2 4,454.0 .01 .01 .04 .20 .24 2 2 r3 8 13 4 6 r8 r 15 19 6.1 2.5 r8.3 34.7 42.7 11.4 13.9 r 21.3 r54.3 58.3 199.9 236.9 r 352.2 r 478.3 599.1 .01 .01 .02 .02 .03 r=revised. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 103 Published By BLS in April 1982 SALES PUBLICATIONS BLS Bulletins Periodicals A Guide to Seasonal Adjustment o f Labor Force Data. Bulletin 2114, 10 pp., $2 (GPO Stock No. 029-001-02643-9). CPI Detailed Report, February. Comprehensive report on con sumer price movements, including statistical tables and technical notes, 109 pp., $3.50 ($20 per year). Analysis o f Work Stoppages, 1980. Bulletin 2120, 90pp ., $5 (GPO Stock No. 029-001-02696-0). Geographic Profile o f Employment and Unemployment, 1980. Bulletin 2111, 148 pp., $6 (GPO Stock No. 029-001-02697-8). Industry Wage Surveys: Communications, October-December 1980. Bulletin 2126, 17 pp., $2.25 (GPO Stock No. 029-001-02704-4). Machinery Manufacturing, January 1981. Bulletin 2124, 97 pp., $5 (GPO Stock No. 029-001-02703-6). Men’s and Women’s Footwear, April 1980. Bulletin 2118, 78 pp., $4.75 (GPO Stock No. 029-001-02690-1). Textile Mills and Textile Dyeing and Finishing Plants, August 1980. Bulletin 2122, 135 pp., $6 (GPO Stock No. 029-001-02701-0). Labor and Material Requirements for Commercial Office Building Construction. Bulletin 2102, 50 pp., $3.25 (GPO Stock No. 029-001-02699-4). Occupational Employment in Transportation, Communications, Utilities, and Trade. Bulletin 2116, 70 pp., $4.75 (GPO Stock No. 029-001-02700-1). Productivity Measures for Selected Industries, 1954-80. Bulletin 2128, 218 pp., $7 (GPO Stock No. 029-001-02702-8). Area Wage Survey Bulletins The annual series o f 70 publications is available by subscription for $90 per year. Individual area bulletins also are available separately. The following were published in April: Davenport-Rock Island-Moline, Iowa-Illinois, Metropolitan Area, February 1982. Bulletin 3015-7, 27 pp., $2.50. Huntsville, Alabama, Metropolitan Area, February 1982. Bulletin 3015-3, 25 pp., $2.50. Jackson, Mississippi, Metropolitan Area, January 1982. Bulletin 3015-1, 40 pp., $2.75. Minneapolis-St. Paul, Minnesota-Wisconsin, Metropolitan Area, January 1982. Bulletin 3015-2, 41 pp., $3.00. Newark, New Jersey, Metropolitan Area, January 1982. Bulletin 3015-4, 40 pp., $2.75. Pittsburgh, Pennsylvania, Metropolitan Area, January 1982. Bulletin 3015-6, 56 pp., $3.25. Sacramento, California, Metropolitan Area, December 1981. Bulletin 3010-71, 28 pp., $2.50. Current Wage Developments, April. Monthly report on employee wage benefit changes; collective bargaining settlements; and special wage trends, 66 pp., $2.50 ($14 per year). Article: Negotiated Changes in Wages and Benefits in Major Collective Bargaining Agreements in 1981. Employment and Earnings, April. Report on national, State, and area em ploym ent, unem ploym ent, hourly and weekly earnings, and hours o f work for March, 163 pp., $3.75 ($31 per year). Producer Prices and Price Indexes, Data for February 1982. Mon thly report on producer price movements. Text, tables, and technical notes, 112 pp., $3.25. Mailgram Service Consumer price index data summary by mailgram within 24 hours of the CPI release. Provides unadjusted and seasonally adjusted U.S. City Average data for All Urban Consumers (CPI-U) and for Urban Wage Earners and Clerical Workers (CPI-W). (NTISUB/158). $95 in contiguous United States. FREE PUBLICATIONS BLS Reports Employment In Prespective: Working Women, 1981 Annual Summary. Report 663. 3 pp. Working Women, First Quarter 1982. Report 665. 3 pp. Area Wage Survey Summaries Cedar Rapids, Iowa, January 1982. 6 pp. New Bern-Jacksonville, N .C ., March 1982. 6 pp. Portsmouth-Chillicothe-Gallipolis, Ohio, February 1982. 3 pp. Sandusky, Ohio, February 1982. 3 pp. To order: S a le s p u b lic a tio n s —Order from BLS regional offices (See inside front cover), or the Superintendent o f Documents, U.S. Govern ment Printing Office, Washington, D.C. 20212. Order by title and GPO Stock number. Subscriptions available o n ly from the Superintendent o f Documents. Orders can be charged to a deposit account number or checks can be made payable to the Superinten dent o f Documents. Visa and MasterCard are also accepted. In clude card number and expiration date. M a ilg r a m se rv ic e —Available from the National Technical Infor Seattle-Everett, Washington, Metropolitan Area, December 1981. Bulletin 3010-70, 27 pp., $2.50. mation Service, U.S. Department o f Commerce, 5285 Port Royal Road, Springfield, Virginia 22151. Selected Metropolitan Areas, 1980. Bulletin 3000-72, 128 pp., $5.50. F ree p u b lic a tio n s —Available from the Bureau o f Labor Statistics, York, Pennsylvania, Metropolitan Area, February 1982. Bulletin 3015-5, 28 pp., $2.50. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis U.S. Department of Labor, Washington, D.C. 20212 or from any BLS regional office. Request regional office publications from the issuing office. Free publications are available while supplies last. Now available from the Bureau of Labor S tatistics Wage Surveys for the Following Industries: Industry Wage Survey: Life Insurance, February 1980 • Life Insurance • Communications • Banking • Iron and Steel Foundries Surveys include: • Results from the latest BLS survey of. wages and supplemental benefits. • Detailed occupational data for the nation, regions, and selected areas (where available). • Data useful for wage and salary administration, union contract negotiation, arbitration, and Government policy considerations. Send your order to the BLS regional office nearest you. P.O. Box 13309 Philadelphia, Pa. 19101 911 Walnut St. Kansas City, Mo. 64106 You may also send your order directly to: 1371 Peachtree St., NE. Atlanta, Ga. 30367 2nd Floor 555 G riffin Square Building Dallas, Tex. 75202 1603 JFK Building Boston, Mass. 02203 9th Floor Federal O ffice Building 230 South Dearborn Street Chicago, III. 60604 Suite 3400 1515 Broadway New York, N.Y. 10036 450 Golden Gate Avenue Box 36017 San Francisco, Calif. 94102 Superintendent of Documents U.S. Government Printing O ffice W ashington, D.C. 20402 Note: GPO prices are subject to change w ithout notice. □ Industry Wage Survey: Life Insurance, February 1980, Bulletin 2119, GPO Stock No. 029-001-02648-0, price $3.25. □ Industry Wage Survey: Communications, October-December 1980, B ulletin 2126, GPO S tock No. 029-001-02704-4, price $2.25. □ Industry Wage Survey: Banking, February 1980, Bulletin 2099, GPO Stock No. 029-001-02625-1, price $4.50. □ Industry Wage Survey: Iron and Steel Foundries, September 1979, Bulletin 2085, GPO Stock No. 029-001-02568-8, price $4.50. □ Enclosed is a check or money order payable to Superintendent of Documents. □ Charge to GPO deposit account no. _____________________________ □ Charge to MasterCard* Account no. ______________________________________ □ Charge to VISA* Account no. __________ ________________ ____________ * Available only on orders sent directly to Superintendent of Documents. 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