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MONTHLY LABOR REVIEW U.S. Department of Labor Bureau uf Labor Statistics https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis In this issue: Unions turn to managerial techniques The lag in southern earnings „ U.S. DEPARTMENT OF LABOR Raymond J. Donovan, S ecretary Regional Commissioners for Bureau of Labor Statistics BUREAU OF LABOR STATISTICS Region I Boston: Wendell D. Macdonald 1603 JFK Federal Building, Government Center, Boston, Mass. 02203 Phone: (617) 223 6761 Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont 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 $18 domestic; $22.50 foreign. Single copy $2.50. 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 at Riverdale, MD., and at additional mailing offices. Library of Congress Catalog Card Number 15-26485 Region II New York: Samuel M. Ehrenhalt 1515 Broadway, Suite 3400, New York, N Y. 10036 Phone: (212) 944-3121 New Jersey New York Puerto Rico Virgin Islands Region III Philadelphia: Alvin / Margulis 3535 Market Street P.O. Box 13309, Philadelphia, Pa. 19101 Phone: (215) 596-1154 Delaware District of Columbia Maryland Pennsylvania Virginia West Virginia Region IV Atlanta: Donald M. Cruse 1371 Peachtree Street, N.E., Atlanta, Ga. 30367 Phone: (404) 881-4418 Alabama Florida Georgia Kentucky Mississippi North Carolina South Carolina Tennessee Region V Chicago: William E Rice 9th Floor, Federal Office Building, 230 S. Dearborn Street, Chicago, III. 60604 Phone: (312) 353-1880 Illinois Indiana Michigan Minnesota Ohio Wisconsin Region VI Dallas: Bryan Richey Second Floor, 555 Griffin Square Building, Dallas, Tex 75202 Phone: (214) 767-6971 Arkansas Louisiana New Mexico Oklahoma Texas Regions VII and VIII Kansas City: Elliott A. 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 June cover: Richmond, Va. a cigarette factory, wood engraving by John Durkin in Harper's Weekly, Jan. 15, 1887, courtesy Library of Congress, Washington, D.C. Cover design by Richard L. Mathews, Division of Audio-Visual Communications, 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 MONTHLY LABOR REVIEW JUNE 1981 VOLUME 104, NUMBER 6 LIBRARY hue *w Henry Lowenstern, Editor-in-Chief Robert W. Fisher, Executive Editor Lois S. Gray 3 Unions implementing managerial techniques National unions are gradually adopting the sophisticated management practices of business and government, but personnel decisions remain essentially political Dave Callahan and others 14 Inflation cross-currents: energy, food, and homeownership During the first quarter, energy prices soared, but a sharp slowdown in food prices and mortgage rates held the increase in the CPI to an annual rate of 9.6 percent Patricia B. Smith 22 The Employment Cost Index in 1980 Total compensation increased 9.8 percent, as wages and salaries rose 9 percent; the introduction of benefits completes quarterly measure of compensation change George D. Stamas 27 The puzzling lag in southern earnings Business booms but earnings remain relatively low in the South; race, training, and union status, as well as population density, are among contributory factors REPORTS Philip Rones Barbara L. Wolfe Lawrence J. Fulco Geoffrey H. Moore Sylvia Lazos Terry https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Can the Current Population Survey be used to identify the disabled? The CPS, work, and disability: a reply Productivity drops, output and hours rise during the fourth quarter A new leading index of employment and unemployment Work experience of the population in 1979 DEPARTMENTS Labor month in review Communications Productivity reports Technical note Research summaries Major agreements expiring next month Developments in industrial relations Book reviews Current labor statistics Labor M onth In Review REFLECTIONS OF AMERICA. To mark the 100th anniversary of the Statistical Abstract o f the United States, the U.S. Census Bureau asked 26 prom inent users of statistics to reflect on their view of America. Some excerpts: John Kenneth Galbraith on the g n p : Government policy derived from the na tional accounts works with great political ease when the economy needs expansion; there are no politically easy solutions when the problem is inflation. And though once it could be supposed that inflation could be controlled by put ting the magnitudes given in the ac counts in reverse, this can no longer be imagined. Walter W. Heller on fighting inflation: What the Great Depression was to the 1930’s, the Great Inflation is a half cen tury later to the 1980’s. In the Great Depression, economic policymakers could see and feel the country’s economic agony, but they could not measure it except in the most rudimentary way, and then only with much delay. Surely one of the great differences between economic policy in the Great Depression and in the Great Inflation is that, statistically, we are no longer operating in the dark. We now have the data to measure the inflationary beast—though data alone, alas, do not enable us to bring it to bay. That takes will and wisdom as well. Andrew F. Brimmer on employment and income: The last two decades tell sharply contrasting stories: the 1960’s was a period of sustained economic expansion while the 1970’s was a period of infla tion, recession, and stagnation. The lesson is unmistakable: a sustained, high level of noninflationary real economic growth is a necessary underpinning for low levels of unemployment. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis In general, over the last decade, in come was redistributed in favor of the better off versus the poor, the newer regions of the country versus the old, and the suburbs versus both rural areas and central cities. The income gains achieved by blacks compared with whites were also slowed. Jeane J. Kirkpatrick on women: I see no grounds to expect a brave new unisex world just over the horizon but good reason for thinking that by the begin ning of the next century, young women will have more choices, more freedom, and problems quite different from the ones confronting those who came of age at the beginning of this century. Ben J. Wattenberg and David Gergen on attitudes: The sixties and seventies were a time of great sorting out on the social front: there were some ideas that sud denly seemed so obvious that they were welcomed, civil rights and civil liberties the most prominent among them; other ideas stirred deeply divided emotions and they remain controversial today (abortion, for example); while still others—drugs, violence, obscenity, pro m iscuity—clashed headlong with American traditionalism and were dis missed by the vast majority. William Marlin on cities: The American city is undergoing a revolution. So is the town. The disciplined use of energy, building materials, and capital—put to gether with a spirited interest in pre serving old buildings, conserving old neighborhoods, and bringing old streets back to life—is resulting in the redis covery and recycling of hundreds of communities. This is refreshing, given our endemic lust for newness, and smart given the comparatively high cost of brand new buildings, the labor-intensive benefits of conserving and converting older ones, and the fact that reusing old materials is a way to save energy. Marion Clawson on conservation: Knowledge firmly based on objective research and statistics will become in creasingly important in the use and con servation of natural resources in the future. We must know, as far as we can; we may still disagree on what to do or when to do it, but we can avoid much time and controversy on impossible, im practical, or nonexistent issues and solu tions if we have a good foundation of common knowledge. James A. Michener on American life: I have used the Abstract to clarify and fortify my thinking, and I find that I use it in three distinct ways: to explain my homeland, to make comparisons with other nations, and to amuse myself in idle exploration. The first is by far the most important, but the last is sometimes the more revealing. Norman Cousins on the value of data: To paraphrase the old story about the blind men and the elephant, one could measure the tail and think he had a rope, the second a leg and insist the dimen sions proved it was a tree, while the third would investigate the trunk and con clude the beast was a snake. Had they pooled their information, they would have been further along in realizing what they had. Any aspect of American life, is obviously far more complex than an elephant but none can be dealt with ade quately with incomplete information. This is particularly true today, when the phenomenon of unlimited resources no longer applies. Reflections o f America: Commem orating the Statistical Abstract Cen tennial is available for $6.50 from the Superintendent of Documents, U.S. Government Printing Office, Wash ington, D.C. 20402. □ Unions implementing managerial techniques National unions are gradually adopting the sophisticated management selection and training practices of business and government but employment and promotion decisions remain essentially political Lois S. G ray In sharp contrast to their counterparts at the bargaining tables, labor unions have traditionally given relatively little attention to the selection and training of their pro fessional staff.1 Results of a 1977-78 survey of national unions and employee organizations suggest an emerging trend bringing them more into line with established per sonnel practices of business and government. College graduates, long sought by other employers, find doors beginning to open in labor unions; the recent elections of college graduates as president and secretary-treasurer of the a f l -C IO symbolize this change.2 Formalized training, generally required for upward mobility in busi ness and government, is gaining acceptance among unions. Even more striking, some of the recently inau gurated union staff training programs resemble in con tent and format those offered for management in other organizations. The literature describing and analyzing personnel pol icies of business and government is voluminous. By con trast, little is known about the personnel practices of labor unions.2This study, designed as a first step in fill ing this gap, addressed several key questions: How do national unions recruit and select their representatives? What functions do these staff members perform? What qualifications are expected of them? And, how are they trained for their responsibilities? In analyzing the survey Lois S. Gray is associate dean and professor at the New York State School of Industrial and Labor Relations at Cornell University. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis results, comparisons are made, where possible, with the selection and training of managers in business and gov ernment. Divergent personnel practices Selection. In business and government, selection of man agement personnel is usually a carefully planned and somewhat elaborate process based on formal criteria and objective tests designed to screen applicants for de sired attributes. Education and job-related training are given heavy weight in the selection criteria. National unions, however, have traditionally used a political staff selection process, rewarding demonstrated leadership and loyalty at the local level.4 In 1956, Harold Wilensky’s path-breaking study of Intellectuals in Labor Unions found that the relatively few college graduates then employed by national unions functioned in narrowly defined roles. These “intellectuals” tended to be viewed with suspicion by union officials and tried to downplay their college educations by “proclaiming their faith in the superiority of the untrained man.”5 Training. Business organizations invest heavily in per sonnel training. A recent survey by the Conference Board reports that most companies require their manag ers to continue their professional education. In 1975, approximately 1.3 million managers and supervisors were trained at a direct cost to employers of almost half a billion dollars. As a result, in-house management 3 M ONTHLY LABOR REVIEW June 1981 • Unions Implementing Managerial Techniques training has become a major profession, accounting for the employment of 45,000 specialists.6 Several companies operate year-round campuses which rival institutions of higher education. For exam ple, American Telephone and Telegraph Co. sends 10,000 of its managers each year to its residential train ing center, which has an annual budget of $20 million.7 Corporations supplement in-house training with sup port for the American Management Association, whose educational programs annually attract more than 60,000 managers, and with numerous special courses offered by colleges and universities. Moreover, the business train ing boom has created a whole new industry of 1,000 or more management consultants specializing in the field.8 Mid-level managers, the counterparts to international representatives in labor unions, are the principal targets of these business-sponsored training programs.9 The training of managers generally deals with the functions of planning, organization, and control, with emphasis on interpersonal skills, problem-solving, and goal-setting. A heavy investment in methodology has produced a variety of approaches to teaching, including videotapes and computer simulations. Supervised onthe-job training, through a planned system of job rota tion, is widely used to supplement classroom instruc tion.10 In contrast, staff members of labor unions have traditionally acquired their skills and knowledge in the “School of Hard Knocks” — in the shop, at the bargaining table, and on the picket line. Until recently, few alternatives have been available. Moreover, efforts to fill the training void have been mainly short-lived and out of the mainstream of American labor union practice.11 Given the growing complexity of union-management relations, how are unions responding to the obvious dis parity in formal education and training between union and management representatives? This is the question which led to our study, the first analysis of union staff training since the Survey of Labor Education conducted under the auspices of the National Institute of Labor Education more than a decade ago.12 Survey results and some hypotheses The survey of national unions reveals increased re cruiting of both service staff and specialists from outside the unions, growing union emphasis on staff training, and emerging elements of similarity between union and management training in content and methodology. (See appendix for a description of the survey scope and method.) These are the major generalizations which emerge from survey data. There are, however, differences among unions, resulting, in part, from such factors as: (1) size of organization, (2) type of membership, (3) Digitized for4 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis union structure, (4) employer practices, (5) changes fac ing the organization, and (6) union traditions and cur rent outlook of leadership. It is logical to expect that union personnel practices will vary with size of membership, because this largely determines the resources which are available. Thus, larger unions are more likely to hire specialists to pro vide a wide range of services to their members, and to mount their own staff training programs. Also, one might predict that membership characteristics will be reflected in the selection and training of staff representa tives. In particular, the weight given to formal educa tion may be expected to vary with the level of education of the membership, with unions of professional employ ees more likely to hire college graduates and turn to universities for staff training than unions which repre sent manual workers. However, observation of the labor scene suggests that structure is the most im portant vari able in explaining differences among unions. Industrial unions which deal in national and international product markets are characterized by a centralized structure, while those which function in local labor markets tend to be decentralized. Thus, industrial unions might be expected to employ relatively larger numbers of national representatives to perform a wider variety of assign ments. With greater responsibility at the national level, industrial unions would also be likely to place more em phasis on training. Other potential influences on union personnel prac tices are less tangible and therefore more difficult to assess. For example, unions may emulate the practices of the employers with which they negotiate. According ly, unions dealing with major corporations, such as General Motors or American Telephone and Telegraph, are more likely to hire technical specialists from outside the organization, and to provide staff training than unions which represent employees in small firms. Inspi ration to adopt new programs may also come about as a result of challenges facing the union; rapid expansion, competition from rival unions, employer opposition, government regulation, and economic decline may give impetus to training and hiring trained personnel from outside. And finally, not to be discounted are union tra ditions and the viewpoints of current leadership. Unions with a history of social and political involvement have traditionally emphasized education, and those headed by college graduates or self-educated “intellectuals” might also be expected to look for and encourage these attributes among staff. Recruitment and selection International representatives. While union experience re mains the primary criterion for selection of international representatives and organizers, approximately 3 out of 10 of the surveyed unions currently hire some “outsid- ers” to perform these basic functions. Choosing interna tional staff is normally the prerogative of national officers who, under most union constitutions, have the exclusive power to hire and fire. Most unions tend to re cruit negotiators and organizers exclusively within their own ranks, from among local officers or activists. Sixty percent of our respondents reported that prior mem bership in the union and experience as a union officer are requirements for appointment to international repre sentative positions, with an additional 12 percent indi cating that there are few exceptions to the prior mem bership requirement. In total, approximately 3 out of 4 unions select their negotiators, administrators, and or ganizers on the basis of demonstrated qualities of lead ership within the organization. Unions tend to see experience as the best teacher and expect prospective staff members to serve an apprenticeship at the local level. This internal method of selection for union staff is longstanding and well-known.13What is surprising is the number of unions (28 percent of our respondents) which currently do look outside the organization to fill some of their openings for international representatives and organizers. The unions which recruit outside their ranks differ from others in type of membership repre sented, stage of organization, and record of growth. Unions recruiting staff from outside tend to fall into two extremes based on the characteristics of their mem bers: (1) well-paid professional and technical, and (2) relatively low-paid semi-skilled and unskilled. In the case of the former, outside recruitment is explained by the fact that members are dedicated to their occupation al goals and are therefore reluctant to assume full-time union leadership roles. For the achievers in these profes sions, assumption of union staff positions may be seen as a reduction in status. In contrast, unions which rep resent mainly low-skilled workers with limited formal education sometime report that it is difficult to recruit “qualified” representatives from the ranks. In both cases, officers supplement inside talent with “outsiders.” It has also been observed that some unions recruit “out siders” in the initial phases of organization when pay is low and the work demanding and onerous. As the union becomes better established, full-time representa tive positions are more attractive to “insiders.” Rapid growth is another factor motivating outside search for personnel. For example, the outside hiring practices of public employee organizations, which con stitute the principal growth sector of the American la bor movement, reflect pressures stemming from relative inexperience in bargaining and the demands of ex panding membership. Whether they recruit exclusively from within or look to the outside, labor organizations do not specify or en force a formal education requirement for employment of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis international representatives and organizers. However, a growing number recruit new staff from among the grad uates of college and university labor relations programs. Many send recruiters to the campus, following the cor porate practice. Some try out college students through on-the-job experience: Several recruit at colleges for in tern programs which provide experience for potential staff; some merely provide short-term work experience for college students; and a few use this avenue directly for staff recruitment. Specialists. While international representatives and orga nizers continue to come mainly from the ranks, an in creasing number and variety of specialists are recruited from outside sources. Almost all unions (81 percent of our respondents) search outside for specialized talent to fill technical positions. For example, legal counsel has traditionally been recruited in this way. Other positions for which outsiders are most commonly employed, in order of frequency, are: research, education, pension ad ministration, legislative and political affairs, and publi cations. This outside talent search for specialists is not new. Professor Wilensky attributed the trend to (1) the emer gence of multi-industry unions and (2) growing union involvement with the Federal government, which gives rise to a need for specialized and technical knowledge.14 What has changed is the number and variety of special ists hired. Unions which currently look outside the membership to fill technical positions are representative of the broad spectrum of organizations in the American labor movement— industrial and craft, white-collar and blue-collar, and public and private sector. The eight re porting unions which rely solely on internal recruitment to fill technical and professional specialties are relatively small organizations with limited resources. Today, almost all unions hire some of their staff from outside the membership ranks. The only variation oc curs with respect to the numbers hired and the roles performed.15 Training How do union staff representatives acquire the skills and knowledge required to fulfill their responsibilities? The survey confirms the impression that, in contrast to the selection of business managers, formal training is rarely a requirement for appointment to union staff and that the “School of Hard Knocks” has been, and still is, the major source of training. The traditional trade union attitude toward staff de velopment was described by Lawrence Rogin and Marjorie Rachlin in a 1968 study: “. . . many union leaders do not see any need for training or education. They point out that present union leaders at all levels learned in the school of experience and on the 5 MONTHLY LABOR REVIEW June 1981 • Unions Implementing Managerial Techniques Digitized for6 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Functions of national staff Responding unions report employing 5,006 full-time international representatives, or persons with an equivalent title such as district representative or, in smaller unions, vice president. The vast majority of professional staff members in national unions are designated “inter national” representatives, because the unions have membership in more than one country, normally the United States and Canada. Their duties are generally not set forth in written document, such as union constitutions, or in standardized job descriptions as is the prac tice in most other organizations. International representatives, as the title implies, represent the na tional union in relationships with local unions, with collective bargaining as their primary activity. They are also expected to be a source of information about and interpretation of union policy for the membership, and to provide national officers with continuing feedback on membership points of view. Less tangible but often more impor tant is their political responsibility for building support and loyalty at the local level. Unions responding to our survey report that the four most common functions of international representatives are: (1) negotiating contracts, (2) handling grievances, (3) organizing, and (4) advising local unions on administrative questions. These duties are performed by staff carrying the title of international representative (or the equivalent) in almost all unions. Other reported functions associated with the title include arbi tration (five unions), education and training (four), legislative and polit ical activity (three), auditing (three), and community service (two). Un ions which expect representatives to perform more diversified functions are usually industrial in structure. This is not surprising, given the greater centralization and broader scope of activities which generally characterize industrial, as compared with craft, unions. Approximately half of the surveyed unions employ full-time orga nizers— 728 in all— who do not also serve as international representa tives. With a few exceptions, these unions are industrial in structure with large memberships. Small craft unions include organizing with other staff assignments or handle this function at the local level. Our survey, in contrast to earlier reports by the U.S. Department of Labor, indicates an upward trend in employment of staff specialists by national unions. Gus Tyler, assistant president of the International Ladies’ Garment Workers Union, explains that unions have to: “develop the equivalent of the corporate ‘system’ man at many levels. They also need specialists to play labor’s newly enlarged role in the total society. In the me dia age they need their own image makers; in our politicized economy, they need their own politicians and economists; in this time of the minority movements, they need their own savants about women, youth, the elderly, blacks, and Hispanics.” (See Gus Tyler, “The University and the Labor Unions: Educating the Proletari at,” Change, February 1979, p. 35.) In smaller unions, the officers are expected to handle all functions with little or no specialized help, while larger organizations, like the Steelworkers and the Auto Workers, have specialized departments for legal advice, administration and negotiation of pension and welfare plans, arbitration, and a number of other services. In particular, the number of union staff employed in education, research, and public rela tions has grown since the first Bureau of Labor Statistics survey of labor unions in 1949. (See Directory o f National Unions and Employee Associa tions, 1979, Bulletin 2079, Bureau of Labor Statistics, 1980, p. 74.) whole learned well. These unionists feel that the new gener ation of leaders will learn as they did, by participating in union activity.” 16 This attitude or, in any case, the practice seems to be changing. More than 9 out of 10 of the surveyed unions reported they are involved in some form of staff train ing. The unions which do not mount their own in-house training programs have been sending staff to programs at the George Meany Center (A FL-Cio) or to university labor education programs. Only three of the surveyed unions are not involved in any type of staff develop ment. The 43 unions engaged in some form of training in 1977-78 represent a substantial increase from the 25 unions which reported such activity in the 1965-66 pe riod.17 During the same interval, the number of unions conducting their own internal training programs in creased from 17 to 37. What accounts for the recent upsurge in union-spon sored staff training? Reasons cited by the responding unions include: (1) recognized need for developing new leadership, (2) actual or anticipated changes in top lead ership, (3) increased responsibilities assigned to interna tional staff, and (4) the growing complexity of staff roles. One union cited its experience in apprenticeship training as an encouragement to train officers and staff at all levels of the organization. Respondents also point ed to the perceived rise in opposition to unions by em ployers, government officials, and the public as an incentive to strengthen the knowledge and skills of staff. The George Meany Center. The leading center for union staff training in the United States is the George Meany Center for Labor Studies, established by the AFL-CIO in 1968. Catering almost exclusively to full-time union staff, the center in 1979 attracted 3,200 participants to a wide range of course offerings.18 Even more significant, most (94 out of 106) of the a f l -C IO affiliates have sent staff to the center.19 Groundwork for establishment of the center was laid during the early 1960’s in a series of Brookings Institu tion seminars for national union presidents. These top officials, who had themselves participated in educational sessions, subsequently gave their backing to a yearround program of education for their staff members. Housed in an attractive residential campus setting in Silver Spring, Md., the center is supported by a more than $1 million annual appropriation from the AFL-CIO which allows courses to be offered tuition-free. Al though early plans projected long-term residential pro grams, most of the course offerings are only 1 week in duration. Subjects include both “bread and butter” (Collective Bargaining and Union Administration), and broader public interest topics (“Energy, Environment, and Transportation,” “Dimensions of Corporate Pow https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis er,” and “International Affairs”). The curriculum also features a number of specialized technical offerings, such as “Labor Journalism” and “Publications Design” for union editors, “Audio Visual Techniques” for union educators, and “Grantsmanship” for the growing num ber of union officials who seek public and private fund ing for demonstration and service programs. Job-related subjects, which dominate the curriculum, are offered on a more advanced level at the center than is generally the case in staff training programs conduct ed in-house by national unions. For example, study of collective bargaining at the George Meany Center in cludes a sequence of courses on “Negotiation Tech niques,” “Advanced Negotiating Techniques,” “ New Developments in Bargaining,” “Pension Bargaining,” “Arbitration,” and “Advanced Arbitration.” The op portunity for sequential study makes possible in-depth treatment even within the limitations of a one-week-ata-time schedule. For staff who are encouraged to continue their educa tion because of their experience at the center, a unique college degree program has been developed in coopera tion with Antioch College. Its curriculum combines 2 weeks per year of residential study at the center with mentored self-study leading to a bachelor’s degree with a major in labor studies. Specifically designed for full time staff whose work schedules conflict with their col lege attendance, the George Meany Center-Antioch cur riculum grants credit for experience and encourages credit transfers from local educational institutions, thereby facilitating progress toward a degree. Approxi mately 100 national union staff members are currently enrolled in this degree program. The first diploma was presented by George Meany at the 1975 AFL-CIO Con vention. To date, 21 degrees have been awarded. The center also cooperates in “tailor-made” programs in response to requests by national unions. A practice encouraged by the center is to incorporate educational sessions into staff meetings, making it possible to reach larger numbers of staff and a greater variety of unions. Surprisingly, building trade unions are currently the leading consumers of center educational services. This illustrates the fact that the center has also broken through to organizations with little or no tradition of educational activity.20 Despite its successful record, the center struggles with problems endemic to the history of labor education: (1) continuing resistance on the part of many union officials who do not see the value of staff training, (2) the difficulty of attracting participants to programs which deal with broad social issues or conceptual disciplines, (3) the limitations of a 1-week format prescribed by staff work schedules, and (4) need for research sup port.21 7 MONTHLY LABOR REVIEW June 1981 • Unions Implementing Managerial Techniques In-house training. The major constraints on internal training activity are (1) possibilities for offering released time to staff and (2) training expertise. Results of our survey indicate that the decisive factor in whether inter national unions sponsor their own staff training pro grams is size of membership, which is, of course, re flected in resources available. All but one of the unions which do not conduct some form of staff training are small organizations. Twenty-three of the 26 unions with 100,000 or more members run their own programs, while only 3 out of 9 unions with fewer than 50,000 members do so. Where resources are scarce, unions ei ther limit training to “briefings” at staff meetings or to programs conducted by the George Meany Center or a university. A few small unions have no staff training at all. The importance a union places on training may be judged by whether participation is required. Two out of 3 of the unions which conduct their own training pro grams report that staff are required to attend. However, many qualified this response by explaining that it is not always possible for employees to comply with the re quirement. The United Brotherhood of Carpenters man dates staff training in its constitution, while several other unions require training only for new staff. According to our respondents, staff reactions to training opportunities have been mixed. One union hint ed at a lack of incentive among staff members to attend the sessions, “especially as the staff are usually overloaded with negotiations, arbitrations, grievances, or organizing. Conveniently, one or all of these seem to occur whenever a school is scheduled.” Two unions, the Auto Workers and the Teamsters, at one time required all staff members to participate in a residential training program, but later abandoned the requirement, in part due to staff resistance. At the other extreme, the Ameri can Federation of Government Employees reported that training was initiated at the insistence of staff who “asked for, and were successful in obtaining a written agreement for one training program per year.” Predominant themes While training programs vary in form and emphasis, there are common themes. Almost all cover such core subjects as collective bargaining, labor law, and orga nizing. Fifteen of the reporting unions— almost half of those with staff training programs— concentrate exclu sively on core subjects relating directly to the principal functions performed by international staff. Most com monly offered, in order of frequency, are courses on or ganizing, labor law, collective bargaining, grievance handling, and arbitration. In other unions, training also normally orients staff to the organization’s structure (such as the roles of headquarters departments, and the duties of the of Digitized for8 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ficers), policies (political, economic, and administrative), and philosophy. Interspersed are briefings on current developments in labor and labor-management relations. Major variations from or add-ons to core subject m at ter usually involve training in legislation, intergroup re lations, and such personal skills as speaking, writing, and listening. Several national unions also educate some staff as instructors. New and emerging are programs designed to provide international representatives with skills in administrative management— planning, super vising, and evaluating the results of union activities. Collective bargaining. Almost all of the reported staff training programs include some aspect of collective bargaining. Even though this is the subject with which national staff members are most familiar through expe rience, training programs aim to sharpen skills in tech niques of negotiating contracts, handling grievances, and presenting cases for third-party dispute settlement. A variety of action training methods is employed in cluding role playing, case study analysis, and video feedback. Expertise in collective bargaining is of partic ular importance to unions which have been recently or ganized. For example, the Farm Workers union, which recently faced the challenge of reorienting its staff from organizing to bargaining, established a year-long train ing program which combines classroom education with field work. Legislation and political action. Many union training programs also include topics which focus on legislation and political action as related to the bargaining func tion. Among the most common are pension bargaining and its legal complement, the Employee Retirement In come Security Act; implications of Equal Employment Opportunity legislation for contract negotiations; and health and safety issues in bargaining, within the con text of the Occupational Safety and Health Act. Staff training conducted by the International Union of Electrical Workers affords an example of a program in which legislation, particularly affirmative action, re ceives major emphasis. The Teamsters’ recently inaugu rated training program for national and local staff includes exposure to legislation of special concern to the trucking industry, such as deregulation and its implica tions for collective bargaining.22 And, as a result of the U.S. Department of Labor’s New Directions grant pro gram, an increasing number of unions, in such indus tries as steel, textiles, oil and chemicals, auto manu facturing, and building trades, offer specialized training in occupational safety and health for national staff and local union leadership. While economics is rarely offered as a separate sub ject, eight reporting unions deal with economic issues in relation to bargaining and political action. For example, the Amalgamated Clothing and Textile Workers Union offers perspectives on the national economy as a back ground for political action questions.23 And, the Ladies’ Garment Workers Union also includes national eco nomic issues and the economic problems of the garment industry in its curriculum for new staff.24 Organizing the unorganized. Twenty-three unions pro vide their staff with instruction in ways to reach hereto fore unorganized or inactive workers. Recognizing that women and minorities have traditionally been underrep resented in unions, particularly in leadership and acti vist roles, several unions not only train their staff in EEOC regulations but also orient them to the problems and interests of minorities and women. In the public sector, where minorities have been gaining in employ ment and women constitute a large percentage of the membership, two unions offer courses on special tech niques for organizing these groups. Similarly, a few unions offer courses specially designed to prepare staff members for the challenges of organizing professional and white-collar workers. In the construction industry, where the percentage of unionized workers has been de clining, one organization developed a course dealing with outreach to young workers. Several unions train their full-time organizing staff members in such techniques as communications and public relations skills, and legal regulations relating to union organizing campaigns. The Organizing Depart ment of the Auto Workers, for example, conducts peri odic training sessions designed to evaluate past ex perience and devise more effective approaches to enlisting new membership.25 The American Federation of State, County, and Municipal Employees has used the services of a nonprofit consulting organization to train organizers in the dynamics of interpersonal rela tions as applied to organizing.26 The Industrial Union Department of the AFL-CIO, in addition to conducting briefings on legal regulations, provides training in com munity action techniques based on the Saul Alinsky model.27 Education o f new staff. Forty-four responding unions re port some form of training for new staff members; al most all list “on-the-job training” as the main component, while 27 organizations report that new em ployees are supervised by experienced staff for the pur pose of orientation and training. The Retail Clerks (recently merged into the Food and Commercial Work ers Union) is the only union which reported a planned system of job rotation, a practice common in business and government. Thirty unions conduct classroom training programs for orientation purposes. These programs usually focus on the union’s structure, history, and resources avail https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis able from the national headquarters. Several organiza tions send all new representatives to the George Meany Center. Notable in terms of training provided for new staff are the Ladies’ Garment Workers Union and the Communications Workers of America. The Ladies’ Garment Workers Union inaugurated the first and most comprehensive of these programs. Its staff training institute, established in 1950, was an inno vative break from tradition, offering a year-long, full time training experience for recent or potential recruits. Training included both classroom and field work. After a few years, the format was drastically altered and re duced in length and the union’s recruiting emphasis shifted from “outsiders” to “insiders.” Currently the Ladies’ Garment Workers Union conducts one institute of 6-weeks’ duration each year for potential or recently appointed staff members, to orient them to their respon sibilities, the problems of the garment industry, and rel evant political issues.28 Another longstanding and intensive training program for new staff is offered by the Communication Workers. Like the Ladies’ Garment Workers Union program, the Communication Workers staff training has undergone a number of revisions, reflecting continuing reappraisal of training needs. In its original form, the program in volved exposure to a “college type” liberal arts educa tion. Parallel to the much-publicized Executive Liberal Arts seminars offered by the American Telegraph and Telephone Co. (the Communication Workers’ counter part at the bargaining table), the union offered new staff a 6-month residential experience on a university campus with seminars focusing on the humanities and social sci ences. The liberal arts program was discontinued be cause the officers considered the time off the job to be excessive and, more importantly, observed no relation ship between training and job performance.29 As an alternative, the union president decided on a shift in training design which would better equip staff members for their assignments. When the training needs of new staff were assessed, the key finding was the need to ease the transition from closely supervised work as telephone employees to independent assignments as staff representatives. As a result, the union inaugurated a 6-week training program for new staff which empha sized problem solving and interpersonal relations. Bor rowing from “ Management by Objectives” concepts used in business and government, the training sessions stimulate participants to set specific measurable goals, and develop plans related to their functions as orga nizers, negotiators, and administrators. A mid-term, back-on-the-job recess is used as a testing period for new concepts, the results of which are subsequently re ported and analyzed. Staff members are also trained in techniques of evaluating results of planning and goal setting.30 9 M ONTHLY LABOR REVIEW June 1981 • Unions Implementing Managerial Techniques Personal skills. Almost half the unions with educational programs for staff include training in such basic skills as public speaking, writing, reading, and problem solv ing, in addition to core subjects. Several of the educa tion directors interviewed indicated that, when staff members were polled with respect to their training needs, personal skills led the list. An interesting experiment with new approaches to developing individual skills is the staff training program inaugurated by the International Union of Operating Engineers. In response to observed limitations of inter national staff members in written and oral communica tions skills, the union contracted with a consulting firm for a training design. The result was a training program in “The Communications and Influence Process.” Drawing on management education experience and methodology, the Operating Engineers’ program focuses on leadership style— “controlling,” “defensive,” “relin quishing,” and “developmental” — with the latter con sidered to be the ideal. Case studies are drawn from union political activities, jurisdictional disputes, and other conflict situations. Participants meet in small groups with observers, where they practice oral and written communication skills and problem solving. At the conclusion, each participant is given a take-home assignment designed to reinforce training.31 Managerial and behavioral effectiveness. The application of the behavioral sciences to related goals and prob lems, a central theme of training for managers in busi ness and government, is currently featured in several union staff training programs. Among the unions, di verse in structure and tradition, which have incorporat ed this type of subject matter in their staff training efforts are the Communications Workers, the American Federation of Government Employees, the Steelworkers, and the Operating Engineers (AFL-CIO), and the Na tional Education Association (unaffiliated). Key compo nents of the programs are borrowed from management theory and practice. While materials and illustrations have been adapted to the needs and practices of unions, the basic concepts are the same. In several cases, the in structors and materials suppliers have been consultants who specialized in the training of business managers. As noted above, training for new Communications Workers’ staff members includes intensive exposure to “ Management by Objectives,” a popular subject in managerial training programs. The training program of the Operating Engineers also introduced international staff to a concept of leadership styles common to a wide variety of management training programs. The American Federation of Government Employees adapted “Transactional Analysis,” based on the best selling book The Games People Playn and widely used in management training, as the centerpiece of its Digitized for 10FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3-week training program, on the theme: “Creating an Effective Communications Climate.” The purpose of the program was to encourage national representatives to examine their roles, and to assess ways to relate to oth ers in the organization. Classroom sessions were videotaped so that the par ticipants could see themselves in action. According to the union’s Education Director this nontraditional ap proach to leadership training was selected to stimulate fresh thinking about employee relations in Federal agen cies, to cope with the need for continuous organizing in the absence of an agency or union shop, to encourage an active outreach to women and minorities and to con front the rigidities of civil service regulations and the “paternalism of government administration.” 33 The National Education Association conducts a yearround program of staff training, with strong emphasis on interpersonal relations, communications, and deci sion-making. Among the workshops offered are “Psy chology of Groups,” and “ Models for Mangement,” which focus on interpersonal relations and ways to make decisions and motivate people, subjects which are also popular in the training of managers in business and government. The concept of union leadership as a form of management is further reflected in such workshop ti tles as “Strike Management” and “ Representation Elec tion Management.” 34 The Steelworkers recently opened a residential school at Linden Hall, near Pittsburgh, which is largely devot ed to staff training. The curriculum emphasizes “Human Sciences,” including behavior and communications.35 A characteristic common to three of the unions which have experimented with management training concepts and methodology (the National Education As sociation, Communication Workers, and the American Federation of Government Employees) is a bargaining relationship with large-scale organizations having cen tralized personnel policies. New approaches to staff training represent attempts to equip staff to make inde pendent and analytical decisions in an environment in which rules and regulations dominate the behavior of employees. Instructor training. In many unions, international staff members are expected to provide leadership training for local union officials. Several unions, therefore, conduct specialized training in methods of teaching. Among these are the Auto Workers, the American Federation of State, County, and Municipal Employees, the Steel workers, the Hospital and Health Care Workers, and the Farm Workers. Not surprisingly, given the nature of its membership, the American Federation of Teachers gives major emphasis to the membership training func tion of its staff. Because teaching is a basic function of all leadership positions, knowledge of psychology and techniques of adult education is seen as a valuable tool for international representatives both in and out of the classroom. The Farm Workers union, for example, relies heavily on staff as instructors. Its trainers studied both content and teaching methodology at Cornell Universi ty’s School of Industrial and Labor Relations, and are responsible for all staff training in their union. Outside training sources Colleges and universities. Institutions of higher learning play a relatively minor role in training union staff. The one continuing university-sponsored program for union staff is conducted by Harvard University. Harvard of fers an annual 13-week seminar with the announced ob jective of “training for executive responsibility in unions.” Initiated in 1942, this seminar, while highly rated by participants, reaches a relatively small number of international union executives and staff. Current contributions by other colleges and universi ties include: (1) resident degree offerings which prepare students for a career in labor-related fields, (2) part-time credit, certificate, and degree programs which enroll union activists, including some full-time union represen tatives, (3) occasional staff training seminars offered in cooperation with the George Meany Center or national unions, and (4) conferences and workshops on special ized topics designed to attract union leadership. While half of the responding unions reported sending national staff members to a college or university program, only 11 universities with labor education centers (a minority of the questionnaire respondents) reported conducting programs which were designed exclusively for union staff. Although this number is small in comparison with the large scale educational service which universities provide to business and industry, the number of such institutions directly involved in staff training has more than doubled since the Rogin-Rachlin survey in 1965. Resident degree programs in industrial relations, a major source of personnel specialists for business and government, place relatively few of their graduates in unions. For example, less than 2 percent of the gradu ates of Cornell’s School of Industrial and Labor Rela tions, the largest in the field, find jobs in unions. Reports from other university industrial and labor rela tions centers indicate a similar pattern. Again the trend is upward, but the numbers remain small. There are three resident degree programs specially designed for individuals aspiring to a union career; Pennsylvania State University, Rutgers University, and the University of Massachusetts place most of their la bor studies graduates in unions or union-related posi tions. Nevertheless, university labor and labor relations centers, in total, supply a relatively small number of staff members to international unions. As previously in dicated, the underutilization of resident degree pro https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis grams for staff training is related to unions’ tendency to select staff from the ranks; once on staff, union repre sentatives find it difficult, if not impossible, to take time out for full-time study. However, part-time study for union members, activ ists, and staff is growing in importance. Labor studies constitutes a major in more than 75 colleges36 which enroll actual and potential staff mem bers and provide them with a combination of work-re lated skills (such as collective bargaining, political action, organizing, union administration, and communi cations), along with a broader exposure to the social sciences and humanities. The contribution of labor stud ies credit and degree programs is difficult to assess be cause they are relatively new and their impact is likely to be long term in nature. Full-time union staff consti tute a relatively small portion of total enrollment;37 even the George Meany Center-Antioch College labor studies program, designed exclusively for full-time union staff, has an annual enrollment of fewer than 100, a tiny frac tion of the total eligible population. However, there is some evidence that graduates of these programs are subsequently promoted to union staff positions, sug gesting a potential role of colleges and universities in the professionalization of the occupation. In recent years, university labor centers have re sponded to an increasing number of staff training re quests from national unions and the George Meany Center. Preparation for arbitration, collective bargain ing, and labor legislation are dominant themes in these requested programs. Several universities have developed specializations in other subjects for which they are known among national unions; for example, industrial engineering and employment testing at the University of Wisconsin, international affairs at Georgetown Universi ty, psychology of organizing at the University of Mis souri, and instructor training at Cornell. From time to time, university labor education centers initiate conferences and workshops which are promoted on an inter-union basis and designed primarily for full time union representatives. Conferences generally deal with public policy issues of concern to unions; examples include “ Labor and International Trade,” “Duty of Fair Representation,” and “Urban Planning.” Work shops provide training in such skills as “Preparation for Arbitration,” “Organizing,” and “Legislative Lobby ing.” To summarize, the contribution of higher education to union staff training, while growing, is miniscule when compared with its massive role in training business management. Other resources. Consultants are leading providers of management education to business and government. In recent years, a few of these consultants have played a 11 MONTHLY LABOR REVIEW June 1981 • Unions Implementing Managerial Techniques role in union staff training. Several labor education pro fessionals are periodically called on for advice, but there is no true counterpart to management consulting in the labor field. Nor is there the equivalent of the American Management Association and the Conference Board, in dependently organized institutions which cater to the educational and research needs of business. The Midwest Academy, a nonprofit organization spe cializing in training community organizers, has been used by several unions for training of organizers. Union staff also participate in training sessions conducted by the American Arbitration Association and the Federal Mediation and Conciliation Service. To date, while there are actual or potential outside resources, unions have relied primarily on internally designed programs and the George Meany Center for staff training. A merican labor unions are increasingly adopting two personnel practices which have been characteristic A c k n o w l e d g m e n t : A s graduate students at the New York State School of Industrial and Labor Relations, Walter Malakoff and Paula Traffis assisted the author in conducting the survey upon which this article is based. Malakoff is currently staff assistant to the President of the United Brotherhood of Carpenters, and Traffis is a labor edu cation specialist at the University of Indiana. In 1964, Russell Allen, a long-time labor educator and union ac tivist, commented that “the cultural lag in the labor movement with respect to leadership programs is frightening. No other institution in American society is so careless of the technical and intellectual prepa ration of its staff and of the training and retraining of its leadership.” See “The Professional in Unions and His Educational Preparation,” Industrial and Labor Relations Review, October 1964, pp. 16-19. This point is also discussed by A1 Nash and May Nash in Labor Unions and Labor Education, Monograph Series No. 1 (New York, University Labor Education Association, 1970); and by Lois Gray in “Training of Union Officials,” Labor Law Journal, August 1975, pp. 472-76. A. H. Raskin, in “Unions Turning to the Law College for Top Officials,” The New York Times, June 22, 1977, pp. D1 and D7, notes that a number of recently elected international union officers were col lege graduates, including several with law degrees. An earlier survey found that only 17 percent of international union presidents, vicepresidents, and secretary-treasurers had completed college. See also Abraham Friedman, “Characteristics of National and International Union Leaders,” unpublished manuscript, October 1967, quoted in Derek C. Bok and John T. Dunlop, Labor and the American Commu nity, (New York, Simon and Schuster, 1970), p. 181. Bok and Dunlop, in Labor and the American Community, p. 138, note: “The administration of unions is a subject about which very lit tle is known. This information gap grows increasingly serious in an era when the techniques of management have become highly sophisti cated and the importance of administration so widely understood.” The authors raise a number of questions about the selection and train ing of union leadership, emphasizing the impact of the political pro cess (pp. 138-88). The only published empirical study dealing with the functions of international union staff is an article by Myron Jo seph, “The Role of the Field Staff Representative,” Industrial and La bor Relations Review, April 1955, pp. 353-69. British industrial relations literature includes several studies dealing with this topic, in cluding William Brown and Margaret Lawson, “The Training of Trade Union Officers,” British Journal o f Industrial Relations, Novem ber 1973, pp. 431-48 (Reprint Series No. 10 of the Social Sciences Digitized 12 for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis of business in the United States— the search for outside talent and support for personnel training. Nonetheless, important differences persist, reflecting the essentially political structure of labor unions. As membership orga nizations, the leadership imperative is not the market test but responsiveness to the expressed needs and pref erences of the rank and file. Thus, staff selection contin ues to rely on a record of achievement and loyalty at the local level. Political reality limits the role of “out siders” as well as the emphasis which unions place on formal training and education. Fred Hoehler, Jr., executive director of the George Meany Center, in a recent article on the “coming of age” of labor education, pointed to its growing accep tance and support by union leadership. Nonetheless, taking account of the contrast in volume and invest ment when compared with the training activities of business and government he concluded; “We are com ing of age, perhaps, but we still have a long trek ahead.”38 □ Research Council); and H. A. Clegg, A. J. Kitlick, and Rex Adams, Trade Union Officers (Oxford, England, Basil Blackwell, 1961). For Canadian experience, see Roy J. Adams, “The Work of the Trade Union Field Officers,” Reference Paper No. 77-01 (Hamilton, Ont., McMaster University, 1978). 4 A 1951 study found that “International representatives, orga nizers, directors of organizations, line negotiators, and administrators, made their way up the ranks by election, then appointment.” See C. Wright Mills, “Leaders of Unions,” in B. S. Hardman and Maurice F. Neufeld, eds., House of Labor (New York, Prentice-Hall, 1951), p. 37. Bok and Dunlop, in Labor and the American Community, reported that “Almost all unions are alike in choosing the bulk of their leaders from within the organization.” They note the recruitment of “outsid ers” only for specialist positions as attorneys, accountants, and statis ticians. Harold Welinsky, Intellectuals in Labor Unions (Glencoe, 111, The Free Press, 1956), p. 273. * Seymour Lusterman, Education in Industry (New York, The Con ference Board, Inc., 1977), pp. 6, and 11-22. Stan Luxenberg, “Business is Big in Education, Too,” The New York Times, Jan. 7, 1979, Education Supplement, p. 15. ' “The Big Business of Teaching Managers,” Business Week. July 25, 1977, p. 106. “The Big Business of Teaching Managers,” p. 106. Conclusions in the article are based on the records of Mantread, Inc., a company which acts as a clearing house for company selection of training pro grams. " Lusterman, Education in Industry, pp. 86-90. " Gray, “Training of Labor Union Officials,” recounts the rise and fall of various union staff training programs. The most recent survey of union education and training programs was in 1965. See Lawrence Rogin and Marjorie Rachlin, Labor Edu cation in the United States, (Washington, D.C., National Institute of Labor Education, 1968). 1 This traditional route to union staff appointment was described by C. Wright Mills in “Leaders of Unions,” p. 37. 14 Harold Welinsky, Intellectuals in Labor Unions, p. 197. 1 Implications for universities and colleges in the trend toward hir ing “outsiders” are developed in Lois Gray, “Trends in Selection and Training of Union Staff— Implications for Colleges and Universities,” Labor Studies Journal, Spring 1980, pp. 13-24. Rogin and Rachlin, Labor Education in the United States, p. 55. Ibid, pp. 84-88. AFL-CIO News, Nov. 17, 1979, p. 3. The George Meany Center accepts both local and international staff. Interviews with Fred Hoehler, Jr., Director of the George Meany Center, April 1977 and October 1979. Rogin and Rachlin, Labor Education in the United States, pp. 8395. Until recently, the major supporters of union education, whether for officials or rank and file, were the industrial unions. ' Fred K. Hoehler, Jr., “Staff Training Programs," speech before the AFL-CIO Education Directors Conference, Mar. 6, 1978. " Interview with Art Kane, Director of Education, IBT, October 1980. Interview with William Elkuss, Director of Education, ACTWU, April 1978. 4 Interviews with Gus Tyler, Assistant President, ILGWU, March 1977 and October 1979. Interview with Martin Gerber, Vice President and Director of Or ganization, UAW. June 1980. ' Interview with with Larry Rogin, Educational Consultant to AFSCME, March 1979. Interview with Howard Samuel, Director of Industrial Union De partment, AFL-CIO, May 1980. Tyler interview, October 1979. Interview with Steve Confer, former Director of Education for CWA, March 1977. From author's own review of course materials; Confer interview, March 1977; and discussion with John Kutstad, Director of Educa tion, CWA, October 1979. Interview with Reese Hammond, Director of Education and Training, IUOE, June 1977, and author’s review of course materials. '■Eric Berne, The Games People Play (New York, Ballantine Books, Inc., 1964). Interview with Art Kane, former Director of Eduction for AFGE (who was responsible for introducing the program described), June 1977, and review of course materials. 4 Interview with Carl Elvin, Organization Specialist, NEA, July 1978, and review of course materials. Interview with George Butsika, former Director of Education, USA, AFL-CIO, April 1978, and review of course outlines. Interview with Art Shy, Administrator of Education Programs, UAW, March 1979. Lois Gray, “Academic Degrees for Labor Studies,” Monthly La bor Review. June 1977, p. 17, lists 47 programs, based on a 1976 sur vey. For 1980, the American Association of Community and Junior Colleges reported an additional 28 programs. The 1980 Laborite (Silver Spring, Md., George Meany Center for Labor Studies, 1980). APPENDIX: Survey methodology In 1977, a questionnaire dealing with selection and training of professional staff was distributed to all na tional unions affiliated with the AFL-CIO and all major independent unions. (Local unions were not included.) Forty unions responded to the questionnaire. Addition al information was obtained through interviews during 1977-79 with 31 labor educators associated with the most active union staff training programs, most of whom had replied to the questionnaire. Based on BLS estimates for 1974, the 48 unions for which information was eventually collected had a com bined membership of 16.4 million, or 76 percent of the total membership of all national unions in the United States. Ranging in membership from 3,000 to over 1.5 million, the responding unions represent a cross-section of labor organizations, both AFL-CIO and independent; https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis craft and industrial; and public and private sector. While most have a long tradition of collective bargaining, a number have only recently undertaken this function. Some have been growing in membership; others have experienced a decline. To assess the use of outside resources for staff train ing, a second questionnaire was mailed to colleges and universities affiliated with the University and College Labor Education Association, with telephone follow-up of nonrespondents. Twenty-four of 42 institutions re sponded to the mail survey. Additional information was obtained through personal interviews with 10 directors of university labor education centers. Responding uni versities are the major centers for labor education at the college level, and represent the range of activity charac teristic of this field. 13 Inflation cross-currents: energy, food, and homeownership During the first quarter, energy prices soared, especially those of gasoline and fuel oil, but a sharp slowdown in food prices and mortgage rates held the CPI rise to a 9.6-percent rate, considerably less than the previous quarter D avid Callahan , A ndrew Clem, John Wetmore and Inflation slowed during the first quarter of 1981 despite a sharp advance in energy prices. The Consumer Price Index for All Urban Consumers (CPI-U) increased at a seasonally adjusted annual rate of 9.6 percent, following a 13.2-percent rate in the fourth quarter of 1980. The deceleration was largely attributable to much smaller increases in the housing and food and beverage compo nents. However, the transportation element registered its largest increase since the first quarter of 1980. This acceleration was primarily caused by rising gasoline prices. (See table 1.) Following very moderate increases in the last two quarters of 1980, prices paid by consumers for energy items were up at an annual rate of 49.1 percent in firstquarter 1981. This happened largely as a result of the Organization of Petroleum Exporting Countries (opec) price increase announced in December, the phased de control already in effect, and the total decontrol of prices for domestic crude oil and gasoline announced in January 1981. However, consumer prices for goods and services other than energy slowed to an annual rate of 5.2 percent during the period, the smallest increase since the fourth quarter of 1976. Prices of grocery store foods and houses registered declines. David Callahan, Andrew Clem, and John Wetmore are economists in the Office of Prices and Living Conditions, Bureau of Labor Statistics. They were assisted by Craig Howell, Jesse Thomas, William Thomas, and Eddie Lamb, economists in the same office. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 14 At the primary market level, the Producer Price In dex ( p p i ) for Finished Goods advanced at a seasonally adjusted annual rate of 12.5 percent, a faster rate than in the fourth quarter of 1980. Prices of finished energy goods accelerated sharply from moderate increases in the third and fourth quarters. Finished consumer food price increases slowed to an annual rate of 1.0 percent, continuing the deceleration started in the fourth quarter of 1980. Prices for finished goods other than food and energy rose slightly more than in the preceding 3 months. Prices of intermediate goods advanced at about the same rate as in the last half of 1980, and crude ma terial prices rose at a rate of less than 5 percent for the second consecutive quarter. A focus on energy Consumer energy prices. Once again, energy items be came a major factor in the inflation situation for the first quarter of 1981. After 6 months of relatively mod erate changes, energy prices in the CPI increased 10.5 percent for the 3 months ending in March, which is an annual rate of 49.1 percent, the largest since March 1980. Energy items alone accounted for approximately 50 percent of the overall CPI increase in the first quar ter. The greatest acceleration occurred in gasoline and fuel oil (home heating oil) prices, while natural gas and electricity experienced much more moderate increases compared with the previous quarter. (See table 2.) The higher gasoline prices were rather pervasive across the country, while increased fuel oil costs had a more severe impact on the high-consumption areas in the Northeast. Crude oil imports. At the December conference of the Organization of Petroleum Exporting Countries in Bali, the ceiling price for top-quality African crude oil was Table 1. raised from $37 to $41 per barrel. Most OPEC members raised their prices, including Saudi Arabia, which lifted its standard crude price by $2 to $32 per barrel. The in creases announced by OPEC represented a compromise between Saudi Arabia and those OPEC members calling for an even larger boost. These advances were prompted Changes in selected components of the Consumer and the Producer Price Indexes, 1980-81, seasonally adjusted Index Relative importance Dec. 1980 Percent change Dec. 80 Mar. 81 Effect on overall index1 Compound annual rates, seasonally adjusted except as noted, for 3 months ended — 1980 1981 Mar. 81 June Sept. Dec. Mar. 11.4 5.9 4.7 8.1 9.8 19.7 23.1 10.0 26.4 14.9 43.9 8.3 17.0 8.4 7.8 19.1 24.8 9.0 8.2 1.7 -1.4 8.6 -3.5 14.9 -20.0 8.2 9.8 7.8 13.2 12.5 13.2 12.3 5.2 15.8 20.2 9.6 23.1 9.0 41.8 10.1 8.5 5.1 9.6 2.9 -.1 9.5 10.8 8.0 4.4 7.0 3.1 -8.8 11.4 12.5 25.5 9.8 Consumer Price Index for All Urban Consumers (CPI-U)2 All items ....................................................................................................... Food and beverages ................................................................................. Food at home......................................................................................... Food away from home ........................................................................... Alcoholic beverages ............................................................................... Housing..................................................................................................... Shelter ................................................................................................. Rent, residential3 ............................................................................... Homeownership ................................................................................. Home purchase3 ............................................................................. Financing, taxes, and insurance3 .................................................... Maintenance and repairs ................................................................. Fuel and other utilities............................................................................. Household furnishings and operation ...................................................... 100.0 18.3 12.0 5.3 1.0 45.5 31.7 5.1 25.8 10.3 12.0 3.6 6.6 7.3 2.3 2.6 1.9 1.1 1.7 0.8 -2.3 2.7 3.0 5.8 2.4 2.3 .143 -.004 .121 .025 .872 .313 .087 .196 -.232 .323 .105 .389 .171 Apparel and upkeep................................................................................... Transportation ........................................................................................... Private transportation ............................................................................. Gasoline............................................................................................. Public transportation3 ............................................................................. 4.9 19.0 17.8 5.9 1.2 1.6 5.1 5.1 13.2 4.9 .076 .963 .904 .788 .058 1.1 2.6 1.8 -5.8 18.6 8.9 11.3 8.9 -3.3 56.7 4.3 13.9 13.8 10.5 14.1 6.7 22.2 22.0 64.2 21.2 Medical care ............................................................................................. Medical care commodities....................................................................... Medical care services............................................................................. Entertainment ........................................................................................... Other goods and services........................................................................... 4.7 0.8 3.9 3.6 4.0 2.9 3.0 2.9 2.4 1.9 .134 .024 .110 .092 .082 8.9 10.7 8.4 9.1 9.3 9.2 10.2 8.9 10.5 11.1 7.9 8.9 7.7 5.0 9.0 11.9 12.4 12.0 10.1 7.9 All items ....................................................................................................... Food......................................................................................................... Energy3 ................................................................................................... Commodities less food and energy ............................................................ Services less energy ................................................................................. 100.0 17.3 10.8 33.7 38.1 2.3 0.5 10.5 0.4 2.4 2.3 .117 1.135 .139 .961 11.4 5.8 15.2 7.7 20.0 7.8 19.7 2.5 12.9 -.4 13.2 13.1 0.3 9.6 17.9 9.6 2.1 49.1 1.7 10.1 All items ....................................................................................................... Services ................................................................................................... Commodities ............................................................................................. 100.0 41.6 58.4 2.3 2.5 2.2 2.3 1.075 1.286 11.4 20.5 5.4 7.8 .7 13.2 13.2 16.8 11.0 9.6 10.3 8.9 All items less food, energy, and mortgage interest cost3 .................................. 62.0 1.4 .805 8.6 11.0 9.3 5.8 Finisned goods ............................................................................................. Finished energy goods ............................................................................... Finished consumer foods.............................................................................. Finished goods less foods........................................................................... Finished goods less foods and energy........................................................ Finished consumer goods less foods.......................................................... Finished consumer goods less foods and energy ........................................ Capital equipment ..................................................................................... 100.0 12.0 23.0 77.0 65.0 56.6 44.7 20.3 3.0 12.9 .2 3.8 2.2 4.2 1.9 2.8 3.0 1.541 .055 2.951 1.418 2.388 .846 .576 8.4 18.8 -1.4 11.8 10.5 12.2 10.2 10.9 13.5 3.6 31.0 8.3 9.2 7.5 8.7 9.9 7.8 14.4 3.6 9.3 8.2 8.4 6.7 11.4 12.5 62.3 1.0 16.2 9.0 18.0 7.8 11.8 Intermediate materials, supplies, and components .......................................... Intermediate energy goods ......................................................................... Intermediate foods and feeds ..................................................................... Intermediate materials less foods and feeds................................................ Intermediate materials less foods and energy.............................................. 100.0 16.2 6.4 93.6 77.4 2.7 10.2 -5.4 3.2 1.8 2.7 1.658 -.349 2.981 1.366 6.6 9.9 14.1 6.2 5.7 10.1 13.0 52.7 7.8 6.9 11.9 19.5 .7 12.7 10.8 11.1 47.7 -20.0 13.4 7.2 Crude materials for further processing............................................................ Crude energy materials3 ........................................................................... Crude foodstuffs and feedstuffs................................................................... Crude nonfood materials............................................................................. Crude nonfood materials less energy.......................................................... 100.0 26.2 58.2 41.8 15.6 0.5 23.1 -6.3 10.1 -11.0 0.5 6.041 -3.674 4.234 -1.709 -.1 19.3 -.3 .2 -24.4 55.2 20.4 73.9 32.3 55.0 4.4 19.2 -4.1 17.6 15.1 2.1 129.5 -22.9 47.1 -37.1 2.3 0.7 0.0 Producer Price Index (PPI) by stage of processing2 1Amount of overall percentage points increase attributable to each specific item. 2See "Definitions" and “ Notes” preceding tables 22-30 of Current Labor Statistics in this Re- view. N ote : Monthly data for Producer Price Indexes have been revised through November 1980 to reflect the availability of late reports and corrections by respondents. For this reason, some of the figures shown above and elsewhere in this report differ from those previously published. 3Not seasonally adjusted. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 15 MONTHLY LABOR REVIEW June 1981 • Inflation Cross-currents T a b le 2. Changes in retail and producer prices for energy items, 1980-81 Item Index Relative importance Dec. 1980 Compound annual rate, seasonally adjusted except as noted, for 3 months ended — Percent change Mar. 1980 to Mar. 1981 June Sept. Dec. 1980 1981 Mar. Finished items (Sold to consumers) Energy items ' ............................................................................................... Finished energy goods................................................................................... Gasoline, motor oil, coolants, etc. ' ............................................................. Gasoline2 ............................................................................................. CPI PPI CPI CPI PPI 100.0 100.0 55.7 54.9 56.8 15.3 22.9 13.4 13.4 21.7 15.2 18.8 6.0 -5.8 16.9 2.5 3.6 -3.2 -3.3 -3.9 0.3 14.4 0.4 10.5 10.7 49.1 62.3 60.4 64.2 76.4 Household fuels......................................................................................... Fuel oil12............................................................................................... CPI CPI PPI 44.3 10.5 14.2 17.9 26.5 31.1 20.6 3.7 14.1 11.5 1.5 2.5 8.5 17.9 11.7 33.1 106.1 126.4 Gas (piped)123 ..................................................................................... CPI PPI 13.0 18.2 14.9 25.9 29.3 25.9 15.6 37.9 1.4 30.3 15.2 11.0 Electricity............................................................................................... CPI 19.3 15.1 28.1 14.0 7.3 12.5 PPI PPI PPI PPI PPI PPI 100.0 9.0 8.4 15.5 4.8 30.0 21.5 26.0 22.9 33.3 11.3 14.7 9.9 9.7 24.6 -42.5 7.4 22.6 13.0 9.6 13.1 65.8 -9.1 16.9 19.5 2.9 1.0 99.6 34.3 10.9 47.7 103.7 60.1 65.7 17.2 8.9 PPI PPI PPI PPI 100.0 31.6 53.3 15.1 40.8 25.9 61.2 4.2 19.3 25.9 21.6 -2.2 20.4 37.9 17.3 5.4 19.2 30.3 18.4 6.3 129.5 11.0 300.2 7.9 Intermediate materials (Sold to businesses) Intermediate energy goods............................................................................. Diesel fuel2 3 ............................................................................................. Commercial jet fuel23 ............................................................................... Residual fuel2 ........................................................................................... Liquified petroleum gas3 ............................................................................. Electric power4 ......................................................................................... Crude materials Crude energy materials3 ............................................................................... Natural gas23 ........................................................................................... Crude petroleum3 ..................................................................................... Coal ......................................................................................................... 1Not seasonally adjusted In the CPI. 2Prices for these items are lagged 1 month in the PPI. by fears of tightened oil supplies after the outbreak of war between Iraq and Iran in late September. However, the war did not spread to other Persian Gulf nations, and the crude oil supply situation improved as the two countries repaired their export facilities and resumed oil shipments by 1980’s end. Saudi Arabia again increased its crude oil shipments, to a level almost 2 million bar rels per day above its pre-1979 levels. The resulting sur plus on world markets led to price discounting by some oil-exporting countries at the end of first-quarter 1981. Most of the industrialized nations reduced their im ports of petroleum considerably during 1980 and early 1981. The declining level of demand for petroleum stemmed in part from recessions in several of these countries, substitution of nonpetroleum fuels, and steps taken to improve energy efficiency. From m id-1980 through the first quarter of 1981, the United States imported an average of about 4.6 million barrels of crude oil per day, compared with an average daily im port rate of 6.4 million barrels for 1979. Crude oil— domestic. On January 28, the Administra tion announced the total decontrol of prices for crude oil, gasoline, and propane. The controls had been scheduled to be phased out by September 1981. The im Digitized for 16FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3Not seasonally adjusted in the PPI. 4Includes commercial and industrial electric power, but not residential. mediate effect of decontrol was to raise the average wellhead price of domestically produced crude oil from $28.85 in January to $34.14 per barrel in February; re fined product prices also rose as a result of increased crude oil costs. There were also indications of steppedup oil exploration activity in the wake of higher crude oil prices, while consumers continued to buy less gaso line and other refined products in reaction to higher prices. Household fuels. Gasoline prices probably would have risen more were it not for a slackening in demand. While the monthly production levels of gasoline have remained relatively unchanged over the last 2 years, in ventories reached a record high of 288.1 million barrels in late March. This overproduction vis-a-vis demand is reflected in the short-run adjustment of reduced refinery capacity utilization, which dipped to 68.7 percent in early April. Some refiners have already announced plans for further cutbacks in production. As a result of the abundant supplies and increased costs, retailers have not been able to maintain their margins, which has helped to restrain prices. Gasoline prices showed a signi ficant deceleration in March after some wholesalers be gan charging less in the early part of the month. If in- ventory levels remain high and there are no further OPEC increases, then prices should continue to moderate into the second quarter. After huge increases in the first 2 months of 1981, fuel oil prices also experienced a sharp slowdown in March. The restraining influences were the relatively mild February weather in the Northeast and the season al decline in demand near the end of the heating season. Because the refinery output of fuel oil is directly tied to the production of gasoline, any decisions to reduce pro duction levels of the latter will also affect the future supplies (and therefore the prices) of the former. Electricity prices increased at an annual rate of 12.5 percent for the 3 months ending in March. While these figures show an acceleration compared with fourthquarter 1980, it is a significant improvement over the first 9 months of 1980. Most higher prices resulted from fuel adjustment charges caused by the increased cost of fuels to the utilities, particularly the electricity generat ed from oil. Natural gas prices have followed a similar pattern to electricity. The slowdown in the fourth quarter has been followed by an acceleration through March. But the an nual rate of 15.2 percent in the first quarter is still be low the level of price increases experienced in the first three quarters of 1981. Purchase gas adjustments, which reflect the increased cost of natural gas to the utility, and higher rates caused the first-quarter acceleration in prices. The proposed deregulation of natural gas would have a significant impact on price levels if it is imple mented. Industrial fuels. Intermediate energy goods in the PPI accelerated to a 47.7-percent annual rate of increase in the first quarter of 1981, much more than during any of the three preceding quarters. Diesel fuel prices climbed at an annual rate in excess of 100 percent, as steady de mand allowed the pass-through of the full impact of higher crude oil prices. Strong demand for home heat ing oil put further upward pressure on diesel fuel prices; these two fuels are virtually identical. Residual fuel prices also moved up substantially, although not as rap idly as diesel fuel. The rate of increase slowed largely because many electric utilities and industrial plants con tinued the process of conversion to cheaper fuels, such as coal and natural gas. This process has depressed de mand for residual fuel over the last year. There was also a greater volume of residual fuels produced relative to other refined petroleum products, because of the higher proportion of domestic crude petroleum being refined. Air pollution laws have resulted in particularly weak demand for residual fuels with a sulfur content greater than 1 percent; prices for these grades rose much less than higher-grade residual fuel in the first quarter.1 Commercial jet fuel prices also advanced, but less https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis than either diesel or residual fuel. This was partly at tributable to a decrease in airline traffic; in addition, be cause most jet fuel sales are contractual, these prices are slower to adjust than those of other types of petroleum fuels. (Refined petroleum product prices are lagged 1 month in the PPI; therefore, first-quarter data reflect price developments from November to February.) The PPI for electric power rose at an 8.9-percent an nual rate, the slowest pace in 2 years. The deceleration over the past two quarters was reflective of stable coal prices and the weakness in residual fuel prices during m id-1980. The liquefied petroleum gas index moved up substantially for the second consecutive quarter, follow ing several months of relatively little movement. The first-quarter advance was caused by higher crude petro leum costs, as well as increased demand for propane as a home heating fuel. The phased decontrol of natural gas prices (which were up 30 percent at the wellhead in 1980) has encouraged many homeowners to switch to propane. Increases in food prices relax From December to March, retail food prices showed their smallest rise since first-quarter 1980. Much of the slowdown was caused by declining prices for meats and sugar, as a result of abundant supplies. The effect of last summer’s drought, along with unfavorable winter weather, continued to be reflected in large price in creases for fresh vegetables and peanut butter. Most other categories of foods continued to experience mod erate advances in price. At the farm level, the PPI for crude foodstuff's and feedstuff's decreased for the second consecutive quarter, after an unusually steep advance in the third quarter of 1980. (See table 3.) Meats and fish. Burdensome supplies of hogs in early 1981 resulted in lower prices for pork, as well as a slackening in prices for competing beef and veal. How ever, as fewer hogs were slaughtered near the end of first-quarter 1981, producer pork prices began to turn up. Pork supplies were expected to be significantly re duced later in the year, as many producers were dump ing stock after operating at a loss for 2 years. Record production had kept pork prices low, despite higher feed and fuel prices, interest rates, and other costs. Cattle supplies were also more than ample from the fall through the first quarter, as ranchers kept fewer cows for breeding. As a result, offerings will decrease in the future, and upward pressure will be exerted on prices. The poultry industry was also marked by heavy supplies, falling prices, and high costs for feed and ener gy. If prices for red meats rise later in the year, poultry demand is expected to increase substantially. Fish prices were up from December to March, as fish ing activity was limited by bad weather in many areas 17 MONTHLY LABOR REVIEW June 1981 • Inflation Cross-currents of the country. Escalating fuel costs also forced many in the fishing business, particularly small operators, to cur tail their operations. Grains. Corn and soybean prices rose dramatically last summer because of the drought. However, soybean prices later weakened somewhat as a result of a large buildup of world soybean oil stocks and expectations of another extremely large harvest of soybeans in Brazil. In addition, high interest rates discouraged speculation. Sugar. Retail sugar prices fell sharply during the first quarter, following a plunge in world raw cane sugar prices in December. Earlier in 1980, sugar prices had reached the highest level in 7 years. As in 1974, the 1980 increase was the result of reduced world invento ries in the face of growing world demand. Several major sugar-producing countries had poor harvests in 1980. Prices for beet sugar, corn syrup, and other competing sweeteners had followed those of cane sugar— up last year, down in the first quarter. The downturn was triggered by a cessation of large purchases of sugar on the world market by the Soviet Table 3. Union. This coincided with the buildup of large inven tories of beet sugar. Fears of future price drops, coupled with high interest rates and inventory costs, caused beet sugar producers to become more aggressive in East Coast markets, formerly dominated by cane sugar. Also, high prices led to an expansion of sugar beet planting in Europe; thus, a large crop is expected there this year. Fruits and vegetables. In contrast to meats and sugar, fresh vegetable prices resumed the sharp upward climb that had been registered in the third quarter, before much smaller increases late last year. Supplies of many vegetables were still tight as a result of reduced acreage and poor yields from last summer’s drought. Low in ventories of potatoes and onions led to substantial rises in price. Severe weather took its toll on winter crops. Florida tomatoes were hit hard by freezing temperatures in January, followed by rain in late February. Tomatoes in Mexico had been damaged by rains last autumn, and again in January and March, keeping imports low. As a result, tomato prices soared. Sweet corn, snap beans, green peppers, and several other vegetables also suffered Changes in retail and producer prices for consumer foods, 1980 81 Commodity Index Relative importance Dec. 1980 Percent change Mar. 1980 to Mar. 1981 Compound annual rate, seasonally adjusted except as noted, for 3 months ended 1981 1980 June Sept. Dec. Mar. Consumer foods1 ................................................................................... CPI PPI 100.0 100.0 10.1 7.8 5.8 -1.4 19.7 31.0 13.1 3.6 2.1 1.0 Beef and veal ............................................................................................... CPI PPI 9.8 12.1 0.4 6.5 16.3 80 48.8 35.0 1.4 -11.6 -19.4 -30.4 Pork2 ........................................................................................................... CPI PPI 4.7 6.5 9.4 12.2 -22.0 23.5 87.2 171.7 12.0 -2.7 -12.5 -21.6 Poultry ......................................................................................................... CPI PPI 2.3 3.3 11.6 17.5 8.9 19.4 89.0 262.0 10.3 -15.3 -18.6 -22.7 Cereal and bakery products2 ......................................................................... CPI PPI 8.7 13.1 11.8 8.7 12.8 8.8 7.4 7.0 13.8 14.4 13.3 4.8 Dairy products............................................................................................... CPI PPI 9.3 13.6 10.1 101 12.3 13.9 6.9 4.6 11.2 13.7 10.3 8.4 Fresh fruits and vegetables .......................................................................... CPI PPI 5.2 5.2 278 33.5 27.4 41.3 53.7 100.5 0.3 -27.9 36.1 55.4 Processed fruits and vegetables2 .................................................................. CPI PPI 4.5 6.4 11.0 12.6 7.3 7.1 8.4 5.7 7.7 7.8 21.3 31.5 Eggs............................................................................................................. CPI PPI 1.3 2.0 9.7 2.1 11.3 19.9 31.3 47.9 31.8 16.4 24.8 33.3 Sugar and sweets3 ....................................................................................... CPI PPI 2.9 4.8 22.2 14.6 34.8 130.5 33.8 21.2 39.5 7.7 11.1 33.1 Roasted coffee2 ........................................................................................... CPI PPI 0.8 3.6 17.9 14.0 4.7 11.7 5.7 20.2 30.0 21.0 27.7 1.8 Fats and oil products4 ................................................................................... CPI PPI 1.9 1.6 13.6 3.7 2.0 7.2 6.5 11.1 19.5 8.6 33.4 3.2 ’ Includes items not listed. The CPI includes prices of food away from home, which accounts for about 31 percent of the food index. The PPI for finished consumer foods does not reflect restaurant prices. 2Not seasonally adjusted in the CPI. 18 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3"Sugar and confectionary” in the PPL Not seasonally adjusted in the PPL “ 'Vegetable oil end products” in the PPL Peanut butter prices are included in this CPI but not in this PPL frost damage. However, increased production led to lower prices for lettuce, celery, carrots, and cabbage. Florida oranges also were harmed by the January freezes. Although much of the damaged fruit was sal vaged for juicing, both juice and fresh fruit production were well below the high levels predicted prior to the frost. As a result of the reduced supply, Florida orange prices rose substantially by February. However, the in crease was moderated by lower prices for abundant Cal ifornia oranges. Peanut butter. The sharp price increases in peanut butter, which started in late 1980 following the smallest peanut harvest since 1964, continued into early 1981. Peanut inventories were well below year-ago levels de spite relaxation of import quotas. Little improvement is likely until harvest of the 1981 crop this fall. Homeownership developments Mortgage interest rates, which rose 15 percent in 1980, increased at an annual rate of 23 percent in the first quarter. In late 1980, conventional mortgage inter est rates started to advance as the inflow of funds into saving and loans was generally low. Consumer demand for mortgage loans dropped in January and the cost of funds increased, which lowered the difference between the interest return on mortgages held and the cost of funds. As a result of the increase in conventional rates, points on f h a and v a guaranteed loans increased. (Points are the percentage of the loan amount charged to the seller in order to “correct” any differences be tween FH A /V A rates and conventional rates.) During this temporary disequilibrium, homeowners were dis couraged from offering their houses through either FHA or v a . To remain competitive, both types of guaranteed loans increased mortgage rates in early March. Al though short-term interest rates declined over the first 3 months of 1981, rates for long-term obligations, with which mortgage loans must compete, remained fairly constant. Despite the large rise in mortgage interest rates, in creases for contracted mortgage interest costs moderat ed in the first quarter because home purchase prices declined at an annual rate of 8.8 percent. This was the largest 3-month decline in the history of the index. The housing market weakened considerably at the start of 1981 as the number of single-family homes sold and housing starts dropped sharply in February, and the in ventory of completed but unsold homes rose. In March 1981, the National Association of Realtors reported that the February sales volume of existing homes was 22 percent below that of September 1980, and that the median price of $64,100 for an existing single-family home in February was at the same level as in July 1980. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Other consumer services The index for transportation services moved up at an annual rate of 9.9 percent, slightly less than the previ ous quarter. This reflected increases in auto mainte nance and repairs, insurance, and finance charges, as interest rates in the general money markets remained at high levels. The public transportation index moved up at a 21.2-percent rate, more than the preceding quarter and about the same as a year ago, reflecting rises in air line and intracity mass transit fares. Airline ticket prices showed some moderation compared with the rate of increase experienced in recent months. However, a 5.7-percent industry-wide increase was granted by the Civil Aeronautics Board effective March 1, 1981. This advance was justified on the basis of higher fuel plus nonfuel costs. Intracity mass transit rose moderately, re flecting higher wage rates and other operating costs. (See table 4.) The index for medical care services moved up at a rate of 12.0 percent, slightly more than during the pre vious 3 months, but less than that of a year ago, reflect ing moderate increases in professional and hospital ser vices. Wages and overhead expenses play significant roles in price advances in these service areas. The ap parel services index rose at a 12.3-percent rate, about the same as the preceding quarter, because of increased overhead and materials costs — particularly cleaning flu id and labor. The index for entertainment services went up at a rate of 10.4 percent, accelerating from the previ ous quarter, but near the levels of a year ago. The prin cipal causes of these increases were the higher prices for first-run movies and big-name concert artists because of rising labor and operating expenses and seasonal chang es. Prices for other types of services, including personal care and personal and educational services, experienced moderate changes similar to the prior quarter. These in creases reflected higher costs for labor, materials, utili ties, and other operating expenses. Other producer prices The PFI for finished goods other than food and energy moved up at a seasonally adjusted annual rate of 9.0 percent from December to March, slightly faster than the 8.2-percent rate in the previous quarter but slower than in any other one of 1980. Prices for consumer nondurables climbed at an 11.6-percent rate, much more than in either of the preceding two quarters; however, the consumer durables index rose at a 2.5-percent pace, the slowest in nearly 5 years. Capital equip ment prices advanced at an 11.8-percent rate, virtually the same as in 1980. Much of the acceleration in the consumer non durables index was caused by a sharp rise in the newly introduced indexes for the publishing industry, particu19 MONTHLY LABOR REVIEW June 1981 • Inflation Cross-currents larly newspapers. Prices for tires, prescription drugs, textile housefurnishings, soaps and detergents, and lug gage moved up considerably more than in the last quar ter of 1980. Among consumer durable goods, prices of jewelry fell even more sharply than in the previous quarter, and a steep drop in flatware prices erased a 21.3-percent advance registered in 1980; both develop ments reflected continued weakness in precious metal prices. Passenger car prices rose at a rate of 6.0 percent, much slower than the 9.2-percent increase recorded for all of 1980, as some domestic manufacturers reinstituted rebate programs to promote sales of slower-selling mod els. Although motortruck price increases slowed some what from the unusually high rate in the last quarter of 1980, the 12.7-percent first-quarter rate was faster than the 11.2-percent rise recorded from December 1979 to December 1980. Prices weakened dramatically during the first quarter for a broad range of basic industrial materials. Among precious metals, silver prices declined even more precip itously than in the previous 3 months; gold prices also Table 4. kept falling, although not as much as silver. Lower pre cious metal prices were reflected in continued rapid decreases in prices for jewelers’ materials. Prices for several other primary nonferrous metals— including copper, cobalt, tin, and lead— were also sharply lower. As a result, the costs of copper-base scrap decreased markedly after showing virtually no net change from September to December, and those of lead scrap fell even more rapidly than did copper-base scrap. Steep first-quarter declines were also registered for crude nat ural rubber, raw cotton, wastepaper, and cattle hides. After recording a substantial advance in the final quar ter of 1980, iron and steel scrap costs edged down slightly in the opening quarter of 1981; ferrous scrap prices normally rise considerably from December to March as firms rebuild their inventories. The return of record-high interest rates at the end of 1980 had a major depressing effect on material prices in several ways. Industrial users generally tried to mini mize their material inventories, and thus their current purchases, because of the extremely high costs of fi- Price changes in consumer services less energy and in consumer goods other than foods and energy, 1980-81 CPI grouping Services less energy Relative importance Dec. 1980 Percent change Mar. 1980 to Mar. 1981 Compound annual rate, seasonally adjusted except as noted, for 3 months ended 1980 June Sept. 1981 Dec. Mar. 100 0 11.7 20.0 .4 17.9 10.1 Rent, residential1 ............................................................................. 13.4 8.8 10.0 8.6 9.6 7.0 Household services less rent and energy1 ...................................................... Home financing, taxes, and insurance1 .................................... Mortgage interest costs' ..................................................................................... Home maintenance and repairs services .............................. Housekeeping services' ............................................ 50.1 31.4 25.8 7.2 5.0 13.2 16.1 18.2 9.7 8.0 29.5 43.9 55.0 7.0 8.6 10.8 20.0 25.4 7.0 6.4 26.9 41.8 51.3 11.0 5.7 12.1 11.4 11.6 13.8 11.6 Transportation services ................................ Auto maintenance and repairs........................................ Other private transportation services............................................................ Public transportation1 .......................................... 15.1 38 8.2 3.1 12.5 10.3 8.7 26.6 16.6 11.0 18.6 18.6 13.5 10.9 2.1 56.7 10.3 10.8 8.8 14.1 9.9 8.4 6.3 21.2 Medical care services .............................................................. Entertainment services1 ...................................................................... Personal care services1 .................................................................... Apparel services ........................................................ Personal and educational services ........................................ 10.3 3.9 2.3 1.7 3.1 9.2 8.1 7.4 11.7 11.8 8.4 9.2 7.4 13.8 9.2 8.9 9.7 6.5 9.2 21.7 7.7 3.3 6.8 11.7 86 12.0 10.4 8.9 12.3 8.4 100.0 8.0 7.7 12.9 9.6 1.7 Alcoholic beverages................................ Home purchase' .................................................................... Maintenance and repair commodities' ...................................................... Textile housefurnishings ...................................... Furniture and bedding ...................................................................... Appliances, including radio and TV.' ...................... 2.9 30.5 2.4 1.5 3.5 4.1 85 7.0 10.2 6.7 66 3.9 9.8 14.9 12.5 7.6 5.8 4.1 8.2 14.9 12.7 10.4 7.3 5.2 5.2 9.0 7.3 0.6 2.7 1.1 10.8 8.8 8.3 8.5 10.5 5.2 Other household equipment1 ........................................................ Housekeeping supplies' ................................................................................................. Apparel commodities less footwear................................................................ Footwear ........................................................................................... New cars ...................................................................... Used c a rs .......................................................................................... 2.6 4.3 10.5 1.9 9.4 8.0 10.1 11.0 3.9 5.6 4.5 20.6 10.3 13.0 1.4 3.7 8.7 12 1 9.6 11.2 8.7 9.2 15.4 39.0 6.0 9.4 2.9 6.1 3.4 62.3 14.5 10.5 6.2 3.5 1.7 6.5 18 2.3 6.4 3.1 2.1 0.5 6.3 10.5 9.2 7.1 111 114 3.3 10.7 9.2 10.5 10.2 7.6 11.7 10.2 110 2.2 10.5 27.4 5.7 8.9 6.1 12.9 9.7 34 4.7 12.4 10.4 3.3 14.1 16.3 Commodities less food and energy Auto parts and equipment' .............................................. Medical care commodities ................................................ Entertainment commodities........................................................ Tobacco products' .............................................................................. Toilet goods and personal care appliances ’ .............................................................. Schoolbooks and supplies .................................................................. ! Not seasonally adjusted. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis nancing their holdings. Speculators increasingly turned away from precious metals and other commodities be cause of the favorable returns they could reap from high-yielding investments in financial markets. By their adverse impact on residential construction activity, high interest rates curtailed demand for copper, tin, and oth er materials which depend on a healthy housing market. High interest rates also encouraged foreign investments in this country, thereby strengthening the dollar; how ever, this served to discourage foreign demand for American commodities such as scrap metals, cotton, and hides. A number of specific factors also served to reduce ba sic metal prices during late 1980 and early 1981. For example, lead prices dropped sharply in the wake of new Federal regulations effective last fall which cut the allowable level of lead in gasoline. The world’s leading cobalt producing nation, Zaire, reduced cobalt prices 20 percent early in 1981. This followed many months of unusually high and stable prices which resulted in de creased world industrial consumption, while Zaire’s production and inventories mounted. Unusually high silver prices in early 1980 led to lower demand for sil verware, silver jewelry, and other products which are heavy users of this metal. The result was a large silver surplus in 1980 following 3 years of deficit, and hence silver prices fell rapidly from late 1980 through early 1981. Settlement of a long copper strike in late 1980 was followed by a substantial rise in production, but at a time when industrial and residential construction de mand for copper was quite weak. Among other basic industrial materials, prices of cat tle hides were driven down by the heavy cattle slaughter in early 1981. Raw cotton prices retreated somewhat af ter climbing rapidly late last year in the face of severe drought-related damage. Both domestic and foreign cot ton mills were generally well-stocked through the spring of 1981. □ --------- FOOTNOTE---------' Residual fuel prices graded according to sulfur content were first published in the PPI with the release of January 1981 data. Before that, the PPI for residual fuel was subject to occasional variations re- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis suiting from changes in the relative proportion of different grades of residual fuel sold from month to month, Poverty income level raised The level of annual family income used to determine whether a per son is poor has been raised an average of $920 by the U.S. Depart ment of Labor to reflect increases in consumer prices. Under the new criteria, an urban family of four can earn up to $8,450 and still be considered poor, an increase of $1,000 over last year. The change became effective March 11, 1981. The revised poverty level guidelines are based on recommendations by the Office of Management and Budget. OMB defines the Federal Government’s official poverty line. These guidelines are used by a number of agencies to determine the eligibility of applicants for programs that assist the poor. Thé new income levels for nonfarm families living in the continental United States average $920 higher than last year; for a farm family, $780, reflecting the increases in living costs since the last criteria were set in April 1980. 21 The Employment Cost Index in 1980: a first look at total compensation With the introduction of fringe benefits, the index increased 9.8 percent last year, as wages and salaries rose a record 9 percent; the addition of benefit cost data completes quarterly measure o f compensation change Patricia B. Smith Rates of total compensation for employees in the pri vate nonfarm sector of the economy increased by 9.8 percent in 1980, and wages and salaries rose by 9.0 per cent. This is the first full year in which the Employment Cost Index ( eci) measured total compensation change,1 that is, wages and salaries and employer costs for em ployee benefits such as paid holidays and vacations and retirement plans. Data on benefits were included last year; the index began publication with the wages and salaries component in 1975. The 1980 change in compensation, compared with the wage and salary change, reflects a continuing increase in the importance of employee benefit costs. Wages and salaries, however, still account for about three-quarters of total compensation. The movements of compensation and of wages in the ECI occurred during varying economic conditions: a 12.5-percent advance in the Consumer Price Index; an additional 2.2 million workers on nonagricultural pay rolls; unemployment that increased from 6.2 percent in January to 7.6 percent in May and remained at approxi mately that level for the balance of the year; and a rela tively heavy schedule of collective bargaining — settlements were reached for 3.7 of the 9.2 million workers in major bargaining units (1,000 workers or more) in the private sector. Other influences on the movement of compensation Patricia B. Smith is a social science research analyst in the Office of Wages and Industrial Relations, Bureau of Labor Statistics. https://fraser.stlouisfed.org 22 Federal Reserve Bank of St. Louis and its wages and salaries component stemmed from changes initiated by the Federal Government. The Council on Wage and Price Stability eased its pay in crease guideline to a 7.5-9.5 percent range in 1980, from the 7.0-percent guideline in effect for most of 1979. On January 1, 1980, the maximum taxable earn ings base under social security was increased from $22,900 to $25,900, and the Federal minimum wage rose by almost 7.0 percent, from $2.90 to $3.10 an hour. Total compensation Among occupational groups, blue-collar workers had the greatest compensation gain during 1980 (10.1 per cent), and service workers, the lowest (9.4 percent). (See table 1.) The compensation advance of white-collar em ployees averaged 9.5 percent. Manufacturing and nonmanufacturing industries matched the 9.8-percent total compensation gain of the private nonfarm sector. In each quarter of 1980, the rate of change in total compensation exceeded that of wages and salaries. The greatest difference between the two measures occurred in the first quarter (2.7 versus 2.4 percent), in part, be cause of adjustments in social security and other legally required payments which were effective on January 1. An estimated four-fifths of the compensation rise during 1980 is accounted for by wage change, which also af fects costs for wage-related benefits, such as paid holi days and vacations and employer contributions for social security. Wages and salaries As noted, the average wage and salary change of pri vate nonfarm workers was 9.0 percent in 1980. (See ta ble 2.) The gain for blue-collar workers (9.6 percent) was greater than that for white-collar employees (8.7 percent) and service workers (8.1 percent). Professional and technical employees had the largest earnings rise in the white-collar group, 10.5 percent; and operatives, ex cept transport, led the wage advance of blue-collar workers, 10.2 percent. The lowest earnings gain of all occupations was that for salesworkers, 6.7 percent. Wages and salaries in manufacturing industries in creased by 9.4 percent, compared with 8.8 percent in nonmanufacturing. Among individual nonmanufactur ing industries, workers in transportation and public util ities had the highest wage advance, 11.1 percent; and those in retail trade the lowest, 7.0 percent. Union workers’ pay rose 10.9 percent, while nonunion earnings rose 8.0 percent. The 2.4-percent wage and salary change in the first quarter of 1980 matched the record increase in the fourth quarter of 1979. In the remaining quarters of 1980, changes were lower, ranging between 2.0 and 2.2 percent. The ECI is not seasonally adjusted; thus, it is not possible to determine to what extent quarterly movements reflect underlying economic conditions or seasonal patterns. Nevertheless, some quarterly move ments can be traced, in part, to Federal government ac tions and the collective bargaining cycle. For example, service workers, who tend to be clustered at or near the minimum wage, received their greatest pay advance in the first quarter of 1980 when the Federal minimum wage was increased from $2.90 to $3.10 an hour. On the other hand, in subsequent quarters, pay gains for these workers were among the lowest of any occupa tional group. One possible impact of minimum wage change, therefore, is to cluster pay changes for lowwage employees in the first quarter of the year. This pattern is similar to that in past years when the Table 1. Rate of total compensation change in the Employment Cost Index, 1980 [In percent] 12 months ended 3 months ended Characteristic March June September December All private nonfarm workers................ 2.7 2.3 2.3 2.1 9.8 White-collar workers............ Blue-collar workers.............. Service workers.................. 2.8 2.4 4.3 2.3 2.5 1.1 2.0 2.7 2.1 2.1 2.1 1.7 9.5 10.1 9.4 Manufacturing industries . . . . Nonmanufacturing industries . 2.8 2.7 2.0 2.5 2.3 2.3 2.2 2.0 9.8 9.8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis December minimum wage was raised in January. Blue-collar workers, in a well-established pattern, had larger wage gains in the second quarter than in the first. This results from the concentration of collective bargaining (notably for construction, trucking, and ba sic steel) in the spring months. Under collective bargaining, pay change may result from newly negotiat ed contracts, deferred wage increases, or cost-of-living adjustments. Similar patterns of high second-quarter pay gains are evident in the ECI for the construction in dustry and transport equipment operatives. Trends, 1976-80 For most groups of workers, the advance in wages and salaries was higher in 1980 than in any year since 1975, when the ECI began. A number of economic fac tors are important in interpreting the trend of the wages and salaries component of the ECI for the overall private nonfarm sector and the individual series. Prior to the third quarter of 1978, the 12-month increases in the CPI were below those of the ECI. Beginning in the third quarter of 1978, however, the advance of the CPI out paces the rate of wage and salary change in the ECI. The difference increases until the 12-month period end ing in the first quarter of 1980, when the 14.6-percent advance of the CPI compares with a 9.1-percent rise in wages and salaries. By the end of 1980, the gap was narrowed somewhat, with the CPI increasing by 12.5 percent and the ECI by 9.0 percent. Unemployment in the private nonfarm sector fell from 7.7 percent in 1976 to 5.8 percent in 1979, then rose again in 1980 to 7.1 percent. Collective bargaining has become characterized by cycles of activity over, generally, a 3-year period in which two years of heavy negotiations (as in 1976 and 1977) are followed by a year of comparatively light activity (1978). Collective bargaining was heavy again in 1979 and 1980. The President’s Council on Wage and Price Stability, in October 1978, announced a pay increase standard of 7.0 percent which was raised to a range of 7.5 to 9.5 percent in 1980. The increases in the Federal minimum wage, effective on January 1 of each year, were of dif fering magnitudes; the largest adjustment being a 15.2-percent increase in 1978, with smaller changes in 1979, 9.4 percent, and in 1980, 6.9 percent. Chart 1 compares the change in wages and salaries for all workers in the private nonfarm sector with those in manufacturing and nonmanufacturing industries. Three periods of wage and salary movement emerge be tween 1976 and 1980 for private nonfarm workers. The first, from the third quarter of 1976 to the third quarter of 1978, is one of moderately increasing wage advance until a high of 8.0 percent is reached. During this peri od, wages increased more rapidly than consumer prices 23 MONTHLY LABOR REVIEW June 1981 • Employment Cost Index in 1980 Table 2. Rate of wage and salary change in the Employment Cost Index, 1980 [In percent] 12 months ended 3 months ended Characteristics December December 1979 March June September 2.2 2.0 8.7 9.1 9.3 9.4 9.0 1.9 1.8 1.6 2.5 1.8 2.1 2.7 1.6 1.7 2.0 2.0 2.2 1.3 2.8 2.1 8.6 8.8 7.4 8.8 9.4 9.2 10.3 7.7 8.6 9.6 9.3 11.1 7.8 6.8 10.1 9.1 11.1 7.3 7.8 9.2 8.7 10.5 7.2 6.7 9.1 2.3 1.7 3.2 1.2 2.5 2.5 2.4 2.4 3.5 2.4 2.4 2.8 2.3 1.4 2.3 2.1 2.2 2.0 1.9 2.0 9.0 8.6 9.2 10.2 9.1 9.4 8.2 10.5 9.8 10.1 9.6 8.5 10.7 9.9 9.9 10.0 9.1 11.3 8.8 10.5 9.6 9.4 10.2 8.2 9.5 1.8 3.5 1.1 1.7 1.5 7.2 7.6 7.8 8.4 8.1 Manufacturing .................................... Durables ........................................ Nondurables .................................. 3.1 3.3 2.7 2.8 2.5 3.2 2.0 2.1 1.9 2.0 2.5 1.2 2.3 2.3 2.1 8.6 9.0 7.8 9.7 9.7 9.7 10.0 10.4 9.2 10.2 10,8 9.2 9.4 9.8 8.6 Nonmanufacturing .............................. Construction .................................. Transportation and public utilities . . . . Wholesale and retail trade .............. Wholesale trade.......................... Retail trade ................................ Finance, insurance, and real estate .. Services ........................................ 2.0 1.1 2.0 1.3 2.1 1.0 4.3 2.5 2.2 1.2 2.5 2.6 2.9 2.4 .4 2.7 2.1 2.9 2.3 1.9 2.7 1.5 2.7 1.6 2.3 2.9 3.2 1.5 .9 1.8 2.0 2.5 1.9 1.5 2.7 1.7 3.2 1.1 2.1 1.6 8.8 7.2 9.4 7.9 7.9 7.9 13.2 8.5 8.8 7.1 9.3 8.4 9.4 8.0 10.2 9.2 8.9 7.5 10.1 7.8 9.2 7.3 9.6 9.8 8.9 8.4 10.4 7.4 8.9 6.9 9.7 9.6 8.8 8.8 nú 7.8 10.0 7.0 7.4 8.7 2.1 2.4 2.6 1.8 2.5 2.8 2.4 2.6 2.1 1.9 2.0 2.4 1.9 1.9 1.9 3.4 1.9 1.9 2.2 2.0 7.3 8.5 9.4 8.5 8.3 8.8 9.9 9.2 8.7 9.0 9.3 9.6 8.9 9.3 9.2 10.6 8.6 8.8 8.8 10.8 Union ............................................ Manufacturing ............................ Nonmanufacturing........................ 2.6 3.4 1.7 2.3 2.6 2.0 2.8 2.8 2.8 2.9 2.8 3.0 2.5 2.4 2.6 9.0 9.4 8.5 9.5 10.3 8.8 10.2 11.1 9.5 10.9 12.0 9.9 10.9 11.0 10.8 Nonunion........................................ Manufacturing ............................ Nonmanufacturing........................ 2.3 2.7 2.1 2.5 3.0 2.3 1.7 1.4 1.9 1.8 1.2 2.0 1.8 2.1 1.7 8.5 7.9 8.8 8.9 9.3 8.8 8.7 9.0 8.6 8.6 8.6 8.6 8.0 7.9 8.1 2.5 1.9 2.1 3.6 2.2 1.6 2.3 1.5 2.0 2.4 8.9 7.9 9.1 9.5 9.3 8.9 9.5 8.9 9.0 9.4 December 1979 March June September 2.4 2.4 2.1 White-collar workers .......................... Professional and technical workers . . Managers and administrators .......... Salesworkers.................................. Clerical workers.............................. 2.4 2.8 1.4 3.9 2.1 2.4 3.3 2.6 -.5 3.0 Blue-collar workers ............................ Craft and kindred workers .............. Operatives, except transport............ Transport equipment operatives . . . . Nonfarm laborers............................ 2.5 1.9 3.1 2.4 2.9 Service workers.................................. All private nonfarm workers . . . . December By occupation: By industry: By region: Nortneas: ...................................... South ............................................ North Central.................................. W es:.............................................. By bargaining status: By area: Metropolitan areas.......................... Other areas............................ and, in 1978, collective bargaining activity was light. The following four quarters (fourth quarter 1978 to third quarter 1979) experienced fairly stable wage change, with the rise ranging between 7.6 and 7.8 per cent. This stability occurred in a period of heavy collec tive bargaining (1979), a falling rate of unemployment, and greater increases in consumer prices than in wages. It was, however, the first year in which the national pay increase standard was in effect. Beginning in the third quarter of 1979, wage and salary rates climbed rapidly and peaked at 9.4 percent for the 12-months ending in the third quarter of 1980. Although the rate of change declined to 9.0 percent for the 12 months ending in the fourth quarter, that change was higher than any previ ous four-quarter period. Digitized for 24 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Wage change for both manufacturing and nonmanu facturing moved in the same direction as that in the pri vate nonfarm sector, with changes in manufacturing generally higher than those in nonmanufacturing. Wage change for nonmanufacturing was fairly stable through out 1980, after reaching a level of 8.8 percent in the 12 months ending in the fourth quarter of 1979, while wage change for manufacturing continued to increase, peaking at 10.2 percent in the 12 months ending in the third quarter of 1980, then declining to 9.4 percent by the end of the year. Wage and salary trends for the three major groups of occupations, are shown in chart 2. In the pattern of the overall private nonfarm sector, the rates of pay change for blue-collar and white-collar workers increased rapid- Chart 1. Rates of wage and salary change in the Employment Cost Index, by industry, 1976-80 Percent change 6.0 1975 1976 1977 1978 1979 1980 NOTE: Rates of change are for the 12 months ending in the quarter indicated. ly, beginning in 1979, until new records were reached in 1980. Only service workers had higher rates of wage change prior to 1980. For all three groups of workers, the 12-month changes declined from their highest levels by the end of 1980. Before 1979, the pattern of wage and salary change for the three major employment groups differed mark edly. Most notable are the peaks in the rate of change for white-collar and service workers that occurred in 1978, the year in which the Federal minimum wage was increased by its greatest amount, 15.2 percent. It was also the year in which the wage change in nonmanu https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis facturing industries, with a greater proportion of service workers, exceeded the change in manufacturing. For both union and nonunion workers, rapid earn ings increases began in 1979. A continuing advance in pay for union workers began in the 12-month period ending in the third quarter of 1978 and reached a re cord plateau, 10.9 percent, by the end of 1980. Non union workers, on the other hand, reached their peak gain (8.9 percent) in the 12-month period ending in the first quarter of 1980, after which the 12-month rate of wage increase fell in each succeeding quarter, reaching 8.0 percent by the end of the year. 25 MONTHLY LABOR REVIEW June 1981 • Employment Cost Index in 1980 ' Employment cost is defined as employer expenditures per employ ee-hour worked for a standardized or fixed mix of labor services. The fixed labor weights are derived from occupational employment in the industries covered by the index, as reported in the 1970 Census of Population. In addition to the series on wages and salaries and total compensation, series or benefit costs may be published separately at a later date. Benefits include: Hours-related benefits— premium pay for overtime and work on weekends and holidays, paid holidays, paid va cations, paid sick leave, and other paid leave; supplemental pay— shift differentials, nonproduction bonuses, severance pay, and supplemental unemployment plans; insurance benefits— life, health, and sickness and accident insurance; retirement and savings benefits— pension and other retirement plans and savings and thrift plans; legally required benefits— social security, railroad retirement and supplemental retire ment, railroad unemployment insurance, Federal and State unemploy Digitized for 26 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ment insurance, workers’ compensation, and other legally required benefits such as State temporary disability insurance; and other bene fits— merchandise discounts in department stores. For a further dis cussion of ECI concepts and methodology, see Victor J. Sheifer, “Em ployment Cost Index: a measure of change in the ‘price of labor’,” Monthly Labor Review July 1975, pp. 3-12; Handbook o f Methods for Surveys and Studies, Bulletin 1910 (Bureau of Labor Statistics, 1976), pp. 184-91; and Victor J. Sheifer, “How benefits will be incorporated into the Employment Cost Index,” Monthly Labor Review, January 1978, pp. 18-26. ECI data are published quarterly in a press release issued by the Bureau of I^abor Statistics and subsequently in the Current Labor Statistics department of the Monthly Labor Review. The data also ap pear in Current Wage Developments, a monthly publication of the Bureau of Labor Statistics. The puzzling lag in southern earnings Business booms but average earnings remain relatively low in the South; contributory factors include interregional differences in urbanization, and in the racial composition, training, and union status o f the work force G e o r g e D. S t a m a s During the 1970’s, the South experienced rapid econom ic growth and a sharp increase in population.1While the region attracted workers from other parts of the coun try, the reversal of the longstanding pattern of migra tion to the North accelerated.2 More Southerners found employment at home, as the boom created thousands of jobs. Nevertheless, average wages remained considera bly lower than in the rest of the country. This study takes another look at this phenomenon, finding that a wage differential of about 17 percent existed between May 1973 and May 1978. In order to examine the differential, a number of variables (indus try, occupation, education, age, race, sex, city size, and union status) were chosen for their potential contribu tion to the observed gross differential in regional earn ings. These labor market variables were used in regression analysis to estimate, sequentially, alternative specifications of a wage equation. This procedure per mits estimates of the interregional wage differential net of the influence of various combinations of the explana tory variables. Accordingly, we were able to explain ap proximately 60 percent of the gross differential between wages in the South and those in the rest of the Nation George D. Stamas is an economist in the Office of Current Employ ment Analysis, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis by controlling for worker characteristics. The study is based on data from the Current Popula tion Survey ( c p s ) from May 1973 to May 1978 with emphasis on 1978. The CPS not only provides household-derived information on weekly earnings and hours used to compute an average hourly wage, but also a wealth of information on the personal characteristics of workers.3 An overview Assuming perfect competition and free flow of re sources, regional differences in the costs of doing busi ness should vanish in the long run. These costs include outlays for equipment and raw materials (capital) and workers (labor). A change in output resulting from a 1-unit change in either the capital or the labor input is a function of the relative amounts of each input used in the production process. In the region with the most la bor relative to capital, an additional unit of capital is more productive, and so would receive a higher return. Similarly, an additional unit of labor is more productive — and receives a higher wage— in the region where la bor is least plentiful relative to capital. Thus, capital should migrate to low-wage areas while labor migrates from low-wage areas, until each factor cost is the same in all regions.4 In reality, however, the gross differential 27 MONTHLY LABOR REVIEW June 1981 • Puzzling Lag in Southern Earnings in earnings between the low-wage South and the rest of the Nation has demonstrated a stubborn persistence.5 According to data from the May 1978 CPS, median earnings of all workers were about 17 percent lower in the South than in the rest of the country. (See table 1.) Averaged across all industries, workers in the South had median hourly earnings of $4.26, compared to $5.13 in other regions and $4.86 for the Nation as a whole. Between 1973 and 1978, earnings increased 41 percent in the South and 39 percent elsewhere, resulting in a small reduction in the interregional wage differ ential. In manufacturing industries, however, southern earnings remained about 25 percent below those outside the South over the 1973-78 period. Economists have tried to identify barriers to the free movement of capital or labor which might explain the observed wage differences. Theoretically, a regional dif ferential could develop and be perpetuated if production functions or outputs differ, or if there are unusual trans portation costs. Under some circumstances capital is attracted to high-wage areas.6 And some economists have cited institutional factors such as low union pene tration or domination of the labor market by large em ployers as evidence that employers in the South may have an advantage over other employers in their rela tionships to employees, thus creating a regional wage differential. Alternately, wage differentials across regions may be compensating for differences in worker skill levels, liv ing costs, and other factors. For instance, because skilled labor is more productive, and often incurs costs in acquiring its skill, it receives a higher wage than un skilled labor. And, differences in area living costs could persuade workers in the South to accept a smaller nom inal wage than other workers. Thus, a regional wage differential need not be inconsistent with profit maximi zation by the firm or utility maximization by workers. Table 1. Industry forces Wages differ by industry for a variety of reasons in cluding differences in capital intensity, unionization, skill requirements, working conditions, and sensitivity of industry employment to the business cycle. Accord ingly, wage differentials could result in part from re gional differences in industry composition. Using Census of Manufactures data for 1952 to standardize wages for industry composition, Victor Fuchs and Rich ard Perlman explained about half of the regional differ ential in earnings of manufacturing workers.7 An examination of the distribution of wage and salary employment by industry in the South and other regions in 1978 shows that the service-producing sector accounted for about two-thirds, and the goods-producing sector, one-third of the total in both. Within the service sector, the distribution by major industry group was very similar. But within the goods-producing sec tor, the proportions of employees in the relatively highwage construction and mining industries and in the lower-paying nondurable goods industries were a little higher in the South. The estimating procedure for the present study in cluded controls to standardize wages for industry com position. Regression results indicate that standardiza tion at the level of aggregation used does not change the net differential. At the'industry level as well, earnings were lower in the South. In both durable and nondurable manufactur ing, the earnings ratios of the South to other regions were about 79 percent. The ratio for all manufacturing was even lower— about 75 percent— because of the higher concentration of southern employment in lowwage nondurable industries, especially in labor-intensive textile and apparel firms. The regional earnings ratio for workers in construc- Median hourly earnings of wage and salary workers in and out of the South, by industry, May 1973 and May 1978 Number employed (in thousands) May 1973 Median hourly earnings May 1978 May 1973 Industry Tota ................................ Agriculture, forestry, and fisheries . Mining ........................................ Construction................................ Manufacturing ............................ Durable .............................. Nondurable.......................... Transportation and utilities............ Wholesale and retail trade............ Wholesale............................ Retail .................................. Finance, insurance, and real estate Other services ............................ Public administration.................... N ote : South Rest of U.S. South Rest of U.S. South Rest of U.S. South as a percent of rest of U.S. South Rest of U.S. South as a percent of rest of U.S. 23,285 563 319 1,791 5,627 2,646 2,981 1,616 4,520 896 3,625 1,201 6,115 1,533 52,281 774 308 2,873 14,631 9,433 5,198 3,525 10,276 2,031 8,245 2,906 14,064 2,923 26,772 575 418 1,960 6,016 2,921 3,095 1,873 5,360 1,047 4,313 1,321 7,493 1,757 58,196 986 333 3,025 14,772 9,566 5,207 3,936 11,870 2,418 9,453 3,436 16,676 3,162 $3.03 1.76 4.76 3.81 3.07 3.39 2.74 3.97 2.28 3.28 2.13 3.15 2.69 4.43 $3.69 2.11 4.78 5.32 4.04 4.20 3.66 4.99 2.70 4.13 2.44 3.55 3.20 4.72 82 83 100 72 76 81 75 80 84 79 87 89 84 94 $4.26 2.66 7.24 5.24 4.48 4.94 4.15 6.09 3.28 4.87 3.10 4.34 3.86 5.98 $5.13 3.14 7.79 6.78 5.94 6.23 5.31 6.92 3.60 5.56 3.24 4.93 4.46 6.58 83 85 93 77 75 79 78 88 91 88 96 88 87 91 Due to rounding, sums of individual items may not equal totals. Digitized28 for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis May 1978 tion was about the same as in manufacturing, 77 per cent. This lower wage of construction workers in the South may have been partly the result of a compensat ing differential awarded northern construction workers for the seasonality in their employment. However, dif ferences in union penetration and other factors may have played a role. For example, 20 percent of the con struction workers in the South were unionized com pared to 44 percent of those in the rest of the Nation. The earnings differential was not as large in most of the other major industry groups. In transportation and utilities, trade, finance, insurance and real estate, and public administration, southern workers earned about 10 percent less than workers elsewhere. In mining, where many of the southern workers were employed in highly paid oil extraction jobs, the differential appeared to be even less. Nationwide union agreements in the mining industry would also tend to make wages more uniform throughout the country. Market and institutional factors could interact to produce the variation in the regional earnings differ ential across industries. An excess of unskilled laborers in the South would bid wages of these workers down, increasing the regional differential in industries using unskilled labor. Similarly, differences in industry union ization across regions could contribute to variation in the differential. Industries characterized by national markets, small numbers of large firms, or multiplant and geographically dispersed firms would tend to have more nationally uniform wages, especially if they are unionized.8 Regions producing a large share of industry output could be expected to have industry wages as high or higher than in other regions. Finally, because capital in the South is more modern and possibly more efficient, southern workers in capital intensive industries may be more productive and so receive relatively higher wages than their counterparts elsewhere.9 Table 2 provides some examples. The petroleum, chemical, and significant portions of the paper products industries are relatively capital intensive. In addition, more than half of the workers in paper products in each region are unionized, and chemicals workers are more unionized in the South (34 percent) than elsewhere (26 percent). In these industries, southern workers earn as much or only slightly less than other workers. While CPS estimates of the earnings differential for workers in automobile manufacturing are volatile, the ratio for other transportation equipment was consistent ly well over 90 percent during the May 1973-1978 peri od. Transportation equipment industries are highly concentrated and unionized. Other industries demonstrate earnings ratios well be low average. In food processing, an industry with re gional markets and low union penetration in the South (22 versus 49 percent elsewhere), southern workers earn less than 80 percent of the wage in other regions. The https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 2. Median hourly earnings in the South as a percent of those outside the South, selected manufacturing industries, May 1973-78 Industry Durables: Lumber ............ Furniture .......... Automobiles . . . . Aircraft.............. Other transport equipment . . . . Nondurables: Food ................ Textiles ............ Apparel ............ Paper and paper products........ Chemicals ........ Petroleum ........ Number employed, May 1978 (In thousands) Percent South Rest of U.S. 1973 1974 1975 1976 1977 1978 257 279 155 81 379 282 1,079 437 65 79 77 101 65 78 77 95 64 77 73 94 60 72 94 93 62 79 85 106 60 84 82 100 165 254 97 93 94 94 101 94 504 610 582 1,304 198 672 71 92 80 71 84 84 69 75 80 74 86 83 71 82 81 78 91 82 206 464 106 472 762 131 90 94 101 88 88 95 94 101 99 92 99 95 101 99 111 95 102 108 lumber products industries provide an extreme example of a low earnings ratio; southern workers earn 65 per cent or less of the levels elsewhere. Their earnings are about as much as those in the northern region, but only about half the level in the W est.10 Small, often familyrun, establishments still produce much of the lumber milled in the South, and employment is less unionized than in the West. In general, the interregional wage differential is smaller between workers covered by union contracts than it is for workers not covered. Persons with jobs covered by union contracts earned $6.12 in the South compared with a median of $6.42 elsewhere, an earn ings ratio of 95 percent. Southern workers not covered by union agreements earned $3.90 compared to $4.35 in other regions, for an earnings ratio of 90 percent. In manufacturing, southern workers with no union ties earned about 75 percent as much as others in this group. The wage ratio for manufacturing workers cov ered by union contracts was much higher— 90 percent. As already shown, regional differences in union cover age vary widely across manufacturing industries. How ever, the rate of coverage is about 60 percent as extensive in the South as elsewhere, both in manufactur ing and overall. Labor market characteristics Given the lower wages in the South, labor theory pre dicts that workers would migrate from the South to a higher-wage region. This is just what occurred until the early 1960’s. Subsequently, the South experienced net inmigration, even if one excludes retirees moving to the re gion. A net out-migration of the poor continued until 1968, yet the South remained with a high proportion of unskilled labor.11 This relative surplus of unskilled labor could have served to depress the wages of these workers below the 29 MONTHLY LABOR REVIEW June 1981 • Puzzling Lag in Southern Earnings Table 3. Median hourly earnings of wage and salary workers in and out of the South, by occupation, May 1973 and May 1978 Median hourly earnings Number employed, May 1978 (in thousands) South Tota, ................................................ White-collar.................................................. Professional and technical...................... Managerial and administrative ................ Sales.................................................... Clerica ................................................ Blue-collar..................................................... Craft .................................................... Operatives, except transport .................. Transport operatives.............................. Nonfarm laborers.................................. Service........................................................ Private household.................................. Service, except private household .......... Farmworkers................................................ N ote : Rest of U.S. 26,772 12,839 3,929 2,558 1,502 4,805 9,877 3,744 3,418 1,110 1,604 3,629 446 3,183 427 58,196 29,739 9.341 5,586 3,542 11,270 19,428 7,247 6,912 2,168 3,101 8,391 665 7,727 638 1978 1973 Occupation South $3.03 3.46 4.43 4.49 2.55 2.80 3.07 3.90 . 2.59 3.10 2.56 1.85 1.16 2.03 1.53 Rest of U.S. South as a percent of rest of U.S. South Rest of U.S. South as a percent of rest of U.S. $3.69 3.95 5.06 5.36 2.79 3.17 3.94 4.90 3.34 4.04 3.31 2.31 1.27 2.48 2.02 82 88 88 84 91 88 78 80 78 77 77 80 91 82 76 $4.26 5.01 6.12 6.31 3.62 3.84 4.42 5.64 3.81 4.53 3.44 2.84 2.16 2.93 2.53 $5.13 5.44 6.86 7.03 4.00 4.28 5.57 6.81 4.91 5.68 4.56 3.19 1.80 3.25 2.84 83 92 89 90 91 90 79 83 78 80 75 89 120 90 89 Due to rounding, sums of individual items may not equal totals. level outside the South. In contrast, the relative short age of skilled labor in the South would have exerted up ward pressure on the wage levels of such workers. And, persons with more education are more likely than oth ers to migrate, thus tending to equalize wages national ly among the better-educated. Occupation. For the white-collar occupations, the regional ratio of wages exceeded the 83-percent level for all wage and salary workers. (See table 3.) The higher earnings ratios for white-collar workers may relate to the aforementioned propensity of these workers to mi grate and their relatively limited numbers in the South. Many white-collar skills are traded in a national labor market. These higher earnings ratios may also be partly due to the concentration of the highest-paid Federal workers and of Federally dependent white-collar work ers in the Washington, D.C., area, which is part of the southern region. Federal white-collar workers of similar grade are paid the same regardless of where they are lo cated in the country. The differential for each major blue-collar group is near or below the overall regional differential in median earnings. This includes workers in crafts usually consid ered skilled, indicating that these workers are less in clined to migrate and so equalize wages, or that they are usually in lower-paying trades than craftworkers elsewhere. Bureau of Labor Statistics Industry Wage Surveys do show that wage differentials for higher-pay ing jobs are smaller than those for lower-paying jobs, and that there is greater uniformity of wages among skilled workers than among unskilled workers.12 The gap for nonfarm laborers is by far the greatest; CPS data show that southern laborers earn 75 percent of the me dian outside the South. In general, blue-collar and ser vice labor is exchanged in local markets. 30 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis According to table 3, the earnings ratios were about the same in 1978 as in May 1973 except among manag ers and administrators, service workers, and farmwork ers. The increase in the ratios for service and farm occu pations could be due to the extended coverage of the minimum wage provisions of the Fair Labor Standards A ct.1' Education, age, race, and sex. Two basic determinants of one’s occupation and earnings are education and work experience. Although the total amount of work experience is not measured in the CPS, a reasonable proxy for experience can be obtained by subtracting years of schooling from an individual’s age minus six. Both “human capital” and “dual labor market” theo rists recognize the importance of these factors in deter mining levels of earnings though they do not agree on the exact roles they play. Whether they function as an investment in earnings capacity by the worker (supply side) or as an employment screening device for the firm (demand side), the empirical relation between these fac tors and earnings is well documented.14 It is clearly fea sible that the differences in the distribution of education and work experience across the work force in each re gion could explain, in part, the magnitude of the gross differential in earnings. And, in fact, education and age did explain about 60 percent of the regional wage differ ential in a 1974 study of men age 25 to 64.15 When education is measured as the highest grade completed, CPS data for May 1978 show that the rela tive differences in median earnings between the South and the rest of the Nation diminished as years of schooling increased. (See table 4.) While median years of education were about the same in each region, the South had a higher proportion of its population at low er education levels; 30 percent of the workers in the South had not graduated from high school, compared with 23 percent elsewhere. This supports the notion that a surplus of lower-skilled workers is depressing the general wage level in the South. A smaller proportion of workers in the South have 5 or more years of college (6 compared to 8 percent elsewhere), but because jobs re quiring these levels of education are likely to have a na tional labor market this is probably more a function of where the jobs are located, rather than any shortage of labor supply. The size of the regional differential increases with age. This pattern in the differential could be a life cycle phe nomenon and the differential might widen for the co horts as they age. Alternatively, within younger cohorts, a narrowing could result from “vintage” im provement. Differences in educational attainment, mea sured in both quantity and quality, are becoming smaller with time. James P. Smith and Finis Welch note this trend among black workers (more than half of whom reside in the South, making up 17 percent of the wage and salary workers in the region). They suggest that the narrowing of the earnings gap between blacks and whites is the result of a relative improvement in the human capital stock of blacks and should persist as co horts age.16 Nationwide, blacks earn, on average, 82 percent as much as whites. This gap may be the result of different levels and quality of education, on-the-job training, and work experience, but it may also reflect the effect of dis criminatory practices. Years of education are lower for blacks than whites, and both Owen and Welch, as well as many others, have documented that, on average, the quality of education received by blacks, though improv ing, has been inferior to that received by whites.17 In ad dition, on average, blacks tend to experience higher unemployment and may lack the opportunity for onthe-job training, either by nature of the jobs they hold or because of discrimination on the job. These factors Table 4. Median hourly earnings of wage and salary workers in and out of the South, by education and age, May 1978 Median hourly earnings South Rest of U.S. South as percent of rest of U.S. $2.78 3.24 3.27 4.23 4.68 6.00 7.39 $2.74 4,18 3.58 4.94 5.36 6.53 7.92 101 78 91 86 87 92 93 3.24 4.93 5.14 4.91 4.28 2.77 3.47 5.62 6.15 6.02 548 3.24 93 88 84 82 78 85 Education and age Education: No school.................................... 1 8 years.................................... 9-11 years .................................. 12 years...................................... 13-15 years ................................ 16 years...................................... 17 years or more ........................ Age: 16-24 years ................................ 25-34 years ................................ 35-44 years ................................ 45-54 years ................................ 55-64 years ................................ 65 years and o ver........................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis inhibit accumulation of work experience. Thus, the con centration of black workers in the South may partly ex plain the gross regional differential in hourly earnings. The following tabulation shows that the interregional differential in median earnings is also much larger for blacks than for whites: S o u th Race: Black ................ White ................ Ratio ................ Sex: Women ............. Men .................. Ratio . . . . . . . E ls e w h e r e . .. . .... .... $3.50 4.46 78 $5.11 5.14 99 .... . . . . .... $3.46 5.23 66 $3.93 6.25 63 R a tio 68 87 — 88 84 — Blacks in the South earned 68 percent as much as those elsewhere, while whites earned 87 percent as much as other whites. Differences in skill may partly explain these results. In contrast, the ratio of women’s earnings to those of men is about the same in each region. And because women account for about the same proportion of workers in each region (42 percent), the male-female gap in earnings, although very wide, does not appear to play much of a role in the overall wage gap between the South and the balance of the Nation. Differences in the average quality of education indi cate that there will be error in measuring education with years of schooling. This error will be associated with race to the extent the quality of schooling differs by race. Similarly, differences in labor force participa tion, unemployment, and actual on-the-job training will lead to errors in measurement of experience when expe rience is measured as the difference between an individ ual’s age and education. These errors will correlate with race and sex. Therefore, a standardization of wages us ing the measures of education and work experience employed in this analysis should control for race and sex composition of the population, as well.18 An urban-rural differential. Economists have observed that workers in larger cities, on average, receive higher wages than those in smaller cities. As David Segal has shown, firms in cities may benefit from agglomerative economies which increase the value of the marginal product of the labor they employ. In addition, the higher wage in a larger city could be the result of com pensating differentials for higher cost of living, conges tion, pollution, and so on.19 A larger proportion of the southern population resides outside of metropolitan areas. Of persons living in metropolitan areas, the proportion living in central cities is lower in the South than elsewhere. A smaller share live in metropolitan areas of 1 million or more in habitants as well.20 Thus, the regional wage differential may be partly the result of an urban-rural or metropoli tan-nonmetropolitan wage differential. Victor Fuchs 31 M ONTHLY LABOR REVIEW June 1981 • Puzzling Lag in Southern Earnings found that demographic characteristics explained onethird and city size, another one-third of the regional gap in earnings.21 In the following regression analysis, observations are controlled for residency in large Stan dard Metropolitan Statistical Areas ( s m s a ’s), including 12 SMSA’s in* the South. Regression results Regression analysis is often used to estimate the im pact of wage-determining variables on wages and to iso late net differentials existing between groups which cannot be explained by any of the variables. In this sec tion, May 1978 CPS data on earnings and personal char acteristics of 43,826 wage and salary workers are used to estimate alternative specifications of a standard wage equation. Usual hourly earnings are the wage measure. Regression results pertain to the differential in mean earnings, as opposed to the differentials in median earn ings examined above. The dependent variable in the wage equation, the nat ural log of wage, is a linear function of race, sex, education, experience, experience squared, city size, union status, occupation, and industry. In addition to these explanatory variables, the equation has a regional variable, with residence in the South embodied in the regression coefficient. In the log-linear formulation, esti mated coefficients approximate proportionate impacts of the associated variables on wages; thus, the coefficient of the regional variable is an estimate of the proportion ate difference between wages of workers in the South and those elsewhere.22 All data pertain only to the worker’s primary job. The appendix to this article pres ents definitions of the variables as well as their sample means and standard deviations. To investigate the gross differential between the South and the rest of the Nation and the differential net of the effects of the explanatory variables, the variables were entered sequentially in eight regression equations. The first equation, which determined the log of wage using only the regional variable, provided an estimate of the gross differential. Each subsequent equation incor porated all the variables of the equation preceding it and additional explanatory variables. The coefficient of the regional variable in each equation provided an esti mate of the regional differential net of the other explan atory variables included in that equation. Estimates underlying the following discussion are presented in ap pendix table A -l. The initial regression, the log of wage regressed on the regional variable, shows that when other factors in fluencing wages were not controlled, the wages of work ers in the South were an average 11 percent less than those elsewhere. In regression 2, race is added as an ex planatory variable in the model and the estimated dif ferential falls to 9 percent. The introduction of the sex variable in the third regression does not alter the esti- Digitized for 32FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis mated differential significantly. However, including the human capital variables education, experience, and ex perience squared reduces the regional differential to 7 percent. Thus, controlling for systematic regional dif ferences in race, sex, and human capital reduces the es timated wage differential by about one-third.23 Entering the city-size variable into the equation leaves unexplained an estimated differential of about 5 percent. Allowing union workers to earn a different average wage by including the union variable in the model re duces the estimate to 2 percent, about one-fifth of the gross regional differential estimated initially. Thus far, the results have been expected. Blacks, on average, earn less than whites and they make up a larg er proportion of the population in the South than else where. And because women earn about two-thirds as much as men regardless of regional location and are represented in equal proportions between regions, sex would not have a significant influence on the regional differential. Workers living in larger cities receive a higher wage, and given the relatively greater concentra tion of the population in larger cities outside the South, these higher earnings would produce higher average earnings in these regions unless calculations controlled for city size. Similarly, the concentration of union work ers, with their higher wages, outside the South has an impact on the size of the gross differential. However, when the series of occupational variables is introduced, the estimated regional differential does not decrease. In fact, when both occupational and industry variables are included in the regression, the estimated relative distance between wage levels actually increases to 4 percent. Replacing the occupational and industry variables with a more detailed list of 25 occupational and 31 industry-group variables in the wage equation does not change this estimate significantly. In both cases, the occupational and industry variables do not make a significant contribution to explaining the total variation in wages. Regressing log wage against the re gional variable and the occupational variables or the in dustry variables alone, or even the regional variable and the occupational and industry variables combined, will not yield an estimated net differential smaller than the 11-percent gross differential.24 Much of the information conveyed by the occupa tional and industry distribution of workers is related to human capital. Occupation and industry may actually provide the estimating process with information on hu man capital in addition to that provided by race, sex, and the human capital variables. Industry and occupa tional variables also provide additional information about unions as some unions influence wages more than others. Apparently at this level of aggregation, employ ment in the South is composed of occupational and in dustry groups with wages, on average, as high as or higher than these workers could command elsewhere. Controlling for all of the aforementioned variables, this wage equation estimates the net differential in re gional earnings at 4 percent, about two-fifths of the gross differential estimated initially. The coefficients of the variables in the same regression equation provide in formation in addition to estimates of the regional differ ential. The coefficient of the city-size variable, for example, indicates an 11-percent additional compensa tion to a worker living in a large SMSA, while the coeffi cient of the union variable estimates that wages of workers covered by union contracts are on average 22 percent above those of nonunion workers with similar characteristics. Regression coefficients also show the well-known wage disparities between blacks and whites and men and women. The results suggest that blacks, on average, receive a wage 5 percent less than whites, and that women receive 26 percent less than men, if other characteristics, including occupation and industry, are similar. As previously indicated, economic conditions of em ployment and the ability of some of these proxy vari ables, especially the human capital variables, to represent what they are intended to represent may differ between blacks and whites. Past and current discrimina tion probably results in differences in the stock and rate of formation of human capital between the two races. As already mentioned, these conditions produce errors in measurement of the education and experience vari ables, as well as potential structural differences in the wage equation. To allow for these different conditions, the same regression equation was estimated separately for the black and white populations. Bivariate regressions of the log of wage on the region al variable estimate the mean wage of blacks in the South at 71 percent of the level earned by other blacks, while mean earnings of whites in the South are 93 per cent of those of whites elsewhere. After introduction of the other explanatory variables to the regression equa tion, the estimated net regional differential between the two black groups is 10 percent while for the white pop ulations the estimate is 4 percent. Human capital, union status, and city size account for most of the regional differential in earnings within each racial group. Again, the industry and occupational variables add nominally to that differential.25 Both the South and the rest of the country can be di vided into smaller, more homogeneous regions. With a wage regression, a range of regional wage levels can be estimated. Using Census divisions, dummy variables designating each division, with the exception of the East North Central division, were added to the final regres sion equation. The coefficients of these regional vari ables are estimates of the net wage differences between these divisions and the East North Central. Regression estimates indicate the following range for gross and net differentials. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis D iv is io n Northeast: New E n glan d .................................. Mid-Atlantic .................................. North Central: East North C en tr a l........................ West North C entral........................ South: South Atlantic ................................ East South Central ........................ West South C en tral........................ West: M ountain.......................................... P a cific............................................... P e r c e n t d if f e r e n tia l G r o ss N et —10.9 2.5 —6.7 —2.5 0.0 —14.8 0.0 —7.1 —11.2 —14.9 —13.7 —4.7 —7.7 —5.6 —8.3 9.8 —1.4 7.0 After adjustment for the explanatory factors in this analysis, wage levels in the South do not differ as much from the geographic majority of the country as do those in the West. New England and the West North Central area rank along with the East South Central as the divi sions with the lowest adjusted wage levels. Workers in the South Atlantic States earned higher wages, but not as high as in the Mid-Atlantic, the East North Central division, or the West. Even after adjustment, mean earnings of workers in the Pacific States are 7 percent higher than in the East North Central area and well above those in all other divisions. The addition of these regional variables does little to the estimates of the oth er coefficients in the equation. Explaining the remaining differential Estimates of the net differentials presented here are subject to the limitations of the method employed to produce them. Some of the possible errors in measure ment of the variables have already been discussed. Some relevant variables may have been excluded from the equation. In addition, this method assumes that the structure of the wage equation is correct and the same in each region. An alternative approach would be to fit the wage equation to data for each region and compare the average wage a worker earns in his or her home region with the wage he or she could expect in another region. Taking the method as a good approximation, com pensating differentials, not considered in the regression standardization process, may partly explain the remain ing 4 percent differential between the South and other regions. A major factor may be regional differences in price levels and living costs that go beyond those asso ciated with the simple city-size variable. The worker makes most purchases locally and so his or her stan dard of living is directly affected by local price levels. There is no index for comparing price levels in the South overall with those elsewhere, nor is there any general index for comparison of living costs between these two regions. In any case, various pieces of evi dence indicate that living costs, including price levels, are lower in the South. 33 MONTHLY LABOR REVIEW June 1981 • Puzzling Lag in Southern Earnings To adjust earnings for differences in regional living costs and so to compare real wages, some economists have used the Bureau of Labor Statistics’ hypothetical family budget for a family of four at an intermediate level of living in specific SMSA’s. In an inter-industry re gression analysis of data for five northern cities and five southern cities, Philip Coelho and Moheb Ghali found that when wages were deflated by an index of the fami ly budgets, the regional wage differential vanished.26 Comparing weighted averages after deflating wages by the index of family budgets, Donald Bellante also found no differential in regional real wages.27 These economists believe that, although nominal earnings have not con verged in recent years, real earnings have. Between 1973 and 1977, the Consumer Price Index rose 38.6 percent in the South compared to 36.4 percent for the Nation.28 The increase was especially large in three components— housing, food, and apparel. Appar ently, over this brief period, the gap in price levels of the South and the United States narrowed. Still, results similar to those of Coelho and Ghali, and Bellante could be attained with the CPS usual hourly earnings data for 1978. The soundness of estimates of the region al differential in real earnings, however, rests in the reli ability of the family budgets as a measure of regional cost of living. Other variables, such as fringe benefits or environmental factors, could also affect the level of the gross differential. Even if regional differences in the cost of living play no role, and if all other compensating differentials have been considered, the remaining differential between standardized nominal wages in the South and those elsewhere could persist because neither individuals nor firms find the difference in wages sufficient to warrant a move— that the differential is perceived as being equivalent to adjustment costs. A firm must not only compare labor costs with the cost of relocating, but must also take into account the proximity of any new location to the resources it needs for production. Simi larly, individuals do not look only at the wage they could receive in another region, but also at the tangible costs of moving a household, job search (including trav el expenses and a spell of unemployment), and the psy chic cost of leaving family and friends. With returns of relocation to the average wage earner of only about $500 a year, the mover would have to work many years just to break even.29 But people and businesses still move between regions, possibly because the differential in earnings varies by type of labor. The size of the differential each business con fronts may depend upon the labor needs of that firm if, as we have estimated, the differential is larger for unskilled labor. Also, firms move to take advantage of things other than lower labor costs, such as State and local tax con cessions. And finally, the individual worker may not even be aware of the magnitude of the regional wage dif ferential. He or she probably migrates to take a different job, for career advancement, or to change from nonunion to union status. He or she is not moving to a higher pay ing region, but rather to a higher paying job. □ FOOTNOTES ' See Philip L. Rones, “Moving to the sun: regional job growth, 1968 to 1978,” Monthly Labor Review, March 1980, pp. 12-19. The regions discussed in this paper are census regions. The South includes the South Atlantic (Delaware, District of Columbia, Florida, Georgia, Maryland, North'Carolina, South Carolina, Virginia, and West Virginia), the East South Central (Alabama, Kentucky, Missis sippi, and Tennessee), and the West South Central (Arkansas, Louisi ana, Oklahoma, and Texas) divisions. The rest of the United States consists of the Northeast, the West, and the North Central regions. New England (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont) and the Mid-Atlantic division (New Jer sey, New York, and Pennsylvania) make up the Northeast region. The West is composed of the Mountain States (Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming) and the Pacific States (Alaska, California, Hawaii, Oregon, and Washington). And, the East North Central (Illinois, Indiana, Michigan, Ohio, and Wis consin) and the West North Central (Iowa, Kansas, Minnesota, Mis souri, Nebraska, North Dakota, and South Dakota) divisions make up the North Central region. The Current Population Survey is a household survey conducted by the Bureau of the Census for the Bureau of Labor Statistics. Week ly earnings information was collected in each May between 1967 and 1978, with the exception of 1968. In May 1978 the sample size was about 56,000 households. Usual hourly earnings are usual weekly earnings divided by usual hours worked. Data refer only to the prima ry jobs of wage and salary workers. As with all sample data, these have sampling errors associated with them. In addition, nonsampling errors due to erroneous response and non-response may be present. For discussions of these data and their reliability, see Weekly and Hourly Earnings Data from the Current Population Survey, Special La Digitized for 34FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis bor Force Report 195 (Bureau of Labor Statistics, 1977); and, Techni cal Description of the Quarterly Data on Weekly Earnings from the Current Population Survey, Report 601 (Bureau of Labor Statistics, 1980). 4 For an exposition of the neoclassical theory, see George H. Borts, “The Equalization of Returns and Regional Economic Growth,” The American Economic Review, June 1960, pp. 319-47. An explanation of why southern wages lag behind those in the rest of the country has long interested American economists. Joseph Bloch, in one of the earliest studies, showed that in manufacturing in dustries the wage differential was no narrower in 1945 and 1946 than in 1919, although it was substantially less than during the Depression years 1931 and 1932. Victor Fuchs and Richard Perlman, who detected a contraction of the earnings gap from 1929 to 1947, claim that from 1947 to 1954 the low position of the South relative to the rest of the Nation was stable or may even have deteriorated, after considering industry mix. Martin Segal presented conflicting evidence for the 1947-54 period, showing that after adjusting for institutional factors wage rates converged, at least for the majority of industries. See Joseph W. Bloch, “Regional Wage Differentials, 1907-1946,” Monthly Labor Review, April 1948, pp. 371-77; Victor Fuchs and Richard Perlman, “Recent Trends in Southern Wage Differentials,” Review of Economic Statistics, August 1960, pp. 292-300; and Martin Segal, “Regional Wage Differences in Manufacturing in the Postwar Period,” Review o f Economic Statistics, May 1961, pp. 248-55. "Borts, “The Equalization of Returns,” pp. 322-26. Fuchs and Perlman, “Recent Trends.” * Segal, “Regional Wage Differences.” ' Harry M. Douty, “Wage differentials: forces and counterforces,” Monthly Labor Review, March 1968, pp. 74-81. Although the standard errors associated with all these earnings ratios are rather large, they are generally in agreement with those that can be calculated from a sample of social security records. See Annual Earnings and Employment Patterns of Private Nonagricultural Employ ees, 1973-75, Bulletin 2031 (Bureau of Labor Statistics, 1979), table C-8 . " Larry H. Long, Interregional Migration o f the Poor, Current Popu lation Reports, Special Studies, Series P-23, No. 73 (Bureau of the Cen sus, 1978). i: For a listing of reports from the Industry Wage Survey program, see Directory of Occupational Wage Surveys, 1974—79, Report 606 (Bu reau of Labor Statistics, 1980). "Minimum Wage and Maximum Hours Standards Under the Fair Labor Standards Act (U.S. Department of Labor, Employment Stand ards Administration, 1978), p. 12. 14 For a survey of this literature, see Mark Blaug, “The Empirical Status of Human Capital Theory: A Slightly Jaundiced Survey,” Jour nal o f Economic Literature, September 1976, pp. 827-55. 15 Barry R. Chiswick, Income Inequality, Regional Analysis Within a Human Capital Framework (New York, National Bureau of Economic Research, 1974), p. 132. James P. Smith and Finis Welch, “Race differences in earnings: a survey and new evidence,” in Peter Mieszkowski and Mahlon Straszheim, eds., Current Issues in Urban Economics (Baltimore, Md., Johns Hopkins University Press, 1979), pp. 40-73. 17 See John D. Owens, School Inequality and the Welfare State (Baltimore, Md., Johns Hopkins University Press, 1974), pp. 135-48; Finis Welch, “Black-White Differences in Returns to Schooling,” The American Economic Review, December 1973, pp. 893-907; and Smith and Welch, “Race differences in earnings.” IKOther errors in these variables, not necessarily related to race or sex, include vintage effects in education (changes in quality of educa tion over time), and the greater incidence of on-the-job training dur ing the early years of work experience which thus distorts the measure of work experience. On the agglomeration effect, see David Segal, “Are There Returns to Scale in City Size?” Review of Economics and Statistics, August 1976, pp. 339-50. John E. Buckley found evidence that wages are re lated to area living costs as measured by the Bureau of Labor Statis tics Family Budgets. See “Do wages reflect area living costs?” Monthly Labor Review, November 1979, pp. 24-29. ' See Current Population Reports, Series P-60, No. 123 (Bureau of the Census, 1980), table 44. 1 Victor R. Fuchs, Differentials in Hourly Earnings by Region and City Size, 1959, Occasional Paper 101 (New York, National Bureau of Economic Research, 1967), pp. 32-35. ” This approximation is closer the smaller the impact. The estimat ed proportionate impact is actually 1 minus the exponentiated value of this coefficient. All variables in the analysis with the exception of education, experience, experience squared, and the log wage are dum my variables, with workers’ records assigned a 1 if the attribute is present and a zero otherwise. This estimated reduction agrees with the estimates of Victor Fuchs for a sample of the 1960 Census and estimates by Don Bellante for a sample of the 1970 Census. See Donald Bellante, “The NorthSouth Differential and the Migration of Heterogeneous Labor,” The American Economic Review, March 1979, pp. 166-75; and Fuchs, Dif ferentials in Hourly Earnings. 4 Regressing log wage on the region variable and the less detailed list of occupations or industries results in an estimate larger than 11 percent, though not significantly so. The equation estimated for the black population is: InW = _ .0958 SOUTH - .1776 FEMALE + .0466 ED + .0139 EXP - .0002 EXPSQ + .0970 SMSA + .2394 UNION + .3502 PROF + .3525 MANG + .1408 SALES + .1937 CRAFT + .1031 OPER + .0294 LABOR + .1142 CONSTR + .2853 MFGDUR + .2286 MFGNON + .3521 TRANS + .1042 TRADE + .1846 FIRE + .1366 SERV + .3422 PA. With the exception of LABOR and TRADE, the coefficients of all variables are significantly different from zero with 99-percent confidence. Confidence in the estimated coefhicient of TRADE is above the 95-percent level. The white population included some persons who were neither white nor black. The estimated equation for this white population is: InW = .4628 - .0396 SOUTH - .2680 FEMALE + .0518 ED + .0260 EXP - .0004 EXPSQ + .1140 SMSA + .2137 UNION + .3725 PROF + .3751 MANG + .1626 SALES + .2426 CRAFT + .0950 OPER - .0004 LABOR + .1160 CONSTR + .1347 MFGDUR + .0982 MFGNON + .1972 TRANS - .0433 TRADE + .1068 FIRE — .0588 SERV + .1398 PA. All coefficients are signifi cantly different from zero with 99-percent confidence, with the excep tion of that for LABOR. .3 9 9 4 ' Philip R. P. Coelho and Moheb A. Ghali, “The End of the North-South Wage Differential,” The American Economic Review, De cember 1971, pp. 932-37. ' Bellante, “The North-South Differential.” ” Handbook of Labor Statistics 1978, Bulletin 2000 (Bureau of La bor Statistics, 1979), tables 117 and 123. In the South, the average wage and salary worker who usually worked full time had mean usual hourly earnings of $5.34. Assuming this worker would work 40 hours per week, 52 weeks per year regard less of regional location, and given that wages are 4 percent lower in the South, a worker’s annual earnings would increase $463 if he or she moved to a similar job in the non-South. APPENDIX: Elements of the regression analysis The following tabulation presents the definitions, means, and standard deviations of the variables used in the regression analysis: U N IO N e r e d b y u n io n c o n t r a c t ; z e r o o th e rw is e . Variable Definition In W T h e n a t u r a l l o g a r i t h m o f u s u a l h o u r ly SOUTH 1 if re s id e n c e is in t h e S o u th ; z e r o o t h e r e a rn in g s . w ise . Mean 1 .547 .5 7 8 .4 4 2 P ro f e s s io n a l o r te c h n ic a l w o r k e r . .1 5 5 .3 6 2 MANG M a n a g e r ia l o r a d m i n i s tr a t i v e w o r k e r. .0 8 7 .2 8 2 SALES S a le s o r c le ric a l w o r k e r. .2 4 5 .4 3 0 CRA FT C r a f tw o r k e r . .1 2 7 .3 3 3 OPER O p e r a tiv e . .1 5 8 .3 6 5 LABOR L a b o r e r , e i t h e r f a rm o r n o n f a r m . PH SV P r iv a te h o u s e h o ld a n d o t h e r s e r v ic e w o r k e rs. .2 9 2 .2 6 6 O c c u p a tio n d u m m y v a r ia b le s (1 if tru e ; z e ro o th e rw is e ): PROF Standard deviation 1 if a m e m b e r o f a u n io n o r if j o b is c o v .071 .2 5 7 .1 5 5 .3 6 2 .4 5 5 BLACK 1 if r a c e is b la c k ; z e r o o th e rw is e . 083 .2 7 6 I n d u s t r y d u m m y v a r ia b le s (1 if tr u e ; z e ro o th e rw is e ): FEM ALE 1 if s e x is fe m a le ; z e ro if m a le . .4 4 3 .4 9 7 CONSTR C o n s tr u c t i o n . .0 7 0 .2 5 5 ED E d u c a t io n a s m e a s u r e d b y h ig h e s t g r a d e M FGDUR D u r a b l e g o o d s m a n u f a c tu r in g . .1 9 3 .3 9 4 M FGNON N o n d u r a b l e g o o d s m a n u f a c tu r in g . .0 9 5 .2 9 3 EXP P r o x y f o r w o r k e x p e rie n c e ; a g e le s s e d u c a ti o n le s s s i x . ’ TRANS T r a n s p o r t a t i o n a n d u tilitie s . .0 6 7 .2 5 0 TRADE W h o le s a le a n d r e ta il tr a d e . .2 0 4 c o m p le te d . EX PSQ E X P X E X P , e x p e rie n c e s q u a r e d . SM SA 1 if re s id e n c e in o n e o f t h e la r g e S M S A 's c o d e d o n C e n s u s p u b lic u s e ta p e s ; z e ro o t h e r w is e . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 3 .2 4 9 2 .8 8 5 1 6 .4 4 3 1 4 .4 6 9 4 7 9 .7 4 4 6 5 9 .3 8 3 .3 6 6 .4 8 2 .4 0 3 F IR E F in a n c e , in s u r a n c e , o r re a l e s ta te . .051 .2 1 9 SERV O t h e r se rv ic e s . .2 9 8 .4 5 7 PA P u b lic a d m i n i s tr a t i o n . .0 5 9 .2 3 6 AG A g r ic u ltu r e , f o r e s tr y , a n d fish e rie s. .0 2 2 .1 4 6 35 MONTHLY LABOR REVIEW June 1981 • Puzzling Lag in Southern Earnings Table A-l details the results of the stepwise regres sion of the wage equation as sets of variables were add ed. As previously indicated, an entry may be interpreted as the approximate percentage effect on earnings of the Table A-1. associated variable. For example, equation 8 predicts that workers in larger cities ( s m s a ’s ) might expect to average earnings 11.4 percent greater than workers with similar characteristics in less populous areas. Results of a stepwise regression of the natural log of usual hourly earnings on personal characteristics [Standard errors in parentheses] Equation number 1 2 3 Intercept...................................................... 1.5775 (.0033) 1.5836 (.0033) 1.7555 (.0039) .4659 (.0123) SOUTH ...................................................... -.1059 (. 0060) -.0920 (.0061) -.0976 (.0058) -.1216 (.0101) 4 6 7 8 .4431 (.0123) .3853 (.0120) .4639 (.0140) .4623 (.0182) -.0726 (.0050) -.0534 (. 0050) -.0207 (.0049) -.0369 (.0047) -.0415 (.0046) -.0899 (. 0095) -.0417 (. 0082) -.0687 (.0082) -.0989 (.0080) -.0526 (. 0078) -.0536 (.0076) -.3905 (. 0052) -.3798 (. 0045) -.3785 (.0044) -.3453 (. 0044) -.2967 (. 0048) -.2606 (.0048) ED .............................................................. .0742 (.0008) .0723 (.0008) .0722 (.0008) .0504 (.0010) .0515 (.0009) EXP ............................................................ .0355 (.0005) .0353 (. 0005) .0317 (.0005) .0271 (.0005) .0250 (.0004) -.0006 (.00001) -.0006 (.00001) -.0005 (.00001) -.0005 (.00001) -.0004 (.00001) .1280 (.0047) .1220 (.0045) .1163 (.0044) .1136 (. 0043) .2470 (.0050) .2479 (.0050) .2165 (.0050) PROF.......................................................... .3892 (.0086) .3696 (. 0085) MANG ........................................................ .4255 (. 0095) .3751 (.0095) SALES ........................................................ .2152 (. 0069) .1595 (.0071) CRAFT........................................................ .3567 (.0085) 2382 (.0090) OPER.......................................................... .1930 (.0077) .0923 .0085 LABOR ........................................................ .0592 (. 0097) -.0034 (.0102) BLACK........................................................ FEMALE....................................................... EXPSQ ........................................................ SMSA.......................................................... 5 UNION ........................................................ CONSTR .................................................... .1173 (.0095) MFGDUR .................................................... .1445 (.0127) MFGNON .................................................... .1061 (.0139) TRANS ........................................................ 2076 (.0146) TRADE ........................................................ -.0356 (.0131) FIRE............................................................ .1118 (.0156) SERV.......................................................... -.0456 (.0132) PA .............................................................. Coefficient of determination (R2) 1 .................. .007 .010 .123 ' An estimate of the proportion of the total variation in earnings which appears to be explained by the inclusion of the associated variables in the wage equation. For example, after all explanatory variables under consideration had been included, the R2 value for equation 8 in- Digitized for 36FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .353 .364 .397 .441 .1539 (.0151) .464 dicates that only 46 percent of the overall earnings variation had been accounted for, or conversely, that 54 percent of the variation must be attributable to factors outside the scope of this analysis. Communications C an th e C u rre n t P o p u la tio n S u rv e y be used to id e n tify th e disabled? P h il ip R o n e s In the September 1980 Monthly Labor Review, Barbara L. Wolfe compares the labor market experience of the disabled to that of the nondisabled, using data from the Current Population Survey ( c p s ) . 1 Because of method ological problems, I believe that CPS data are of limited usefulness in analyzing disability. The Wolfe study uses data from the March 1977 CPS to compare the labor force characteristics of the dis abled and nondisabled. Because the CPS does not con tain specific questions on health or disability status,2 Wolfe employs a three-step approach to identify the disabled population. First, persons receiving income from at least one of a number of transfer programs were automaticaly included if they met certain program requirements that would identify them as disabled. These programs included social security disability, Sup plemental Security Income, workers compensation, rail road disability benefits, and disabled veterans benefits. Second, persons whose work activity was limited during the year by reason of ill health or disability were includ ed. Their responses to the household survey led to the following classifications: • • • • Did not work last year— ill or disabled Did not work last week— not in labor force— un able to work Worked less than 50 weeks last year— ill other weeks Worked less than 35 hours last week— usually work part time (due to ill health or disability) Third, persons whose wage rates were less than $1 an hour and who were in certain occupations were as sumed to be participating in sheltered workshops and were thus counted as disabled. These techniques do not provide an adequate distinc tion between the disabled and nondisabled. Such a large portion of these populations becomes misclassified bePhilip Rones is an economist in the Office of Current Employment analysis, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis cause of data shortcomings that the analysis and results Wolfe presents must be questioned. The two basic questions that must be answered to as sess the effects of disability on job market performance are: how many people have physical handicaps (general ly limited to chronic conditions); and how do these handicaps limit the kind or amount of work or the pay of those so identified? Wolfe’s analysis seems to focus on the second question without adequately answering the first. Greatest problem. The greatest problem in using CPS data is the survey’s inability to identify persons who have handicaps. Hence, at best, only a portion of those with work-limiting handicaps can be identified. While this definition of disability is common and appropriate for many types of research, it seriously limits the useful ness of the intergroup comparisons that make up the core of Wolfe’s findings. For example, under her second method of identifying the disabled, two persons with the same health or physical condition will likely be placed into opposite categories: disabled and non disabled, depending on their work status. One person with a specific chronic health condition who has inter mittent labor market experience will be classified as dis abled. Another person with the identical condition, who, for reasons such as extent of education or training, appropriate job selection, or strong motivation, is able to have a “normal” (full-time, full-year) worklife, is classified as nondisabled. Thus, the comparisons be tween the disabled and nondisabled yield results that are, to some extent, predetermined. As a group, the dis abled are found to have inferior job market experiences: lower participation rates; less full-time employment; and lower wages, largely because they are, by definition, identified by these poor experiences. Another weakness. Another problem of data weakness arises from the need to separate acute illness from dis ability. Wolfe states that those who missed work be cause of short-term, acute illness would be excluded from the count of the disabled. But this cannot be done completely. For instance, someone who worked only 49 weeks, citing ill health or disability as the reason for not working full year, would automatically be classified as disabled, in accordance with Wolfe’s third category 37 M ONTHLY LABOR REVIEW June 1981 • Communications of CPS respondents. Yet it is likely that such limited work loss could be due to an acute condition. So, al though Wolfe is correct in saying that those with short term, acute illnesses should be excluded from the dis abled group, the data shortcomings and definitional problems make this difficult. Wolfe indicates partial support for her method of identifying the disabled because her estimate of the dis abled from the CPS— 12.3 percent of the population age 20 to 64, is only “slightly below” that from the 1972 Survey of the Disabled— 14.6 percent. (A similar esti mate from the 1977 National Health Survey is about 15 percent.) But the real difference between the surveys may be even greater than this. About 1 in 8 of the dis abled were included in the CPS count because they were thought to have participated in sheltered workshops. (These persons were identified by a combination of their very low earnings and occupation.) This translates to about 1.7 million persons; yet fewer than 250,000 per sons actually work in such settings. Virtually all shel tered workshops must be granted an exclusion from the minimum wage requirements by the Employment Stan dards Administration of the U.S. Department of Labor and, thus, data on paid workshop employment are available from that agency. If this overcount of those identified, ostensibly by their participation in sheltered workshops, is removed from the estimated CPS disabled count, as is a small number of those who may be con sidered to have been only acutely ill, it is reasonable to estimate that the proportion of the population that can be identified from the CPS as disabled may be closer to 10 percent. Hence, fully a third of the disabled (or more accurately, the handicapped), quite likely many of those with the best job experience, cannot be identified from the CPS and are counted in the nondisabled group. The effect that this undercount of the disabled would have on intergroup comparisons is obvious; it would cause excessive discrepancy between the labor force status of the two groups. a r e a o f g r e a t e s t c o n c e r n , clearly, is the in ability of the CPS to identify a (probably) large group of people who are able to work full time, full year despite their physical or mental handicaps. These persons can only be classified from the CPS as nondisabled unless they also receive the transfer payments cited. Also, per sons with physical limitations who work part time or part year for reasons other than ill health would be counted as nondisabled. Thus, when comparisons be tween the disabled and nondisabled are made in terms of their part-time and full-time work status, as was the case in Wolfe’s analysis, it is difficult to see how these results can be meaningful, because handicapped persons who are employed full time would generally end up classified as nondisabled. Moreover, income compari sons between the two groups are heavily influenced by the failure to include in the disabled group many of the most successful wage earners. While the labor market experience of disabled persons is undeniably inferior to that of the nondisabled, the method used to categorize workers into these groups may seriously overstate these differences. Unfortunately, the entire analysis is presented as a comparison between the employment characteristics of the disabled and the nondisabled. But this cannot be done effectively using CPS data. Without the limitations discussed above, Wolfe’s work would have been an in novative approach to analyzing the relationship between disability and employment. In fact, had the study been more narrowly focused— on the characteristics of those persons whose disability prevented them from working full time full year— the results might have been very in teresting. However, while the CPS does provide some useful data on the disabled, it is an inadequate data base for many of the intergroup comparisons presented in Wolfe’s analysis. The results could well lead to policy implications that are unwarranted. □ --------- FOOTNOTES---------- 1See Barbara L. Wolfe, “How the disabled fare in the labor mar ket,” Monthly Labor Review, September 1980, pp. 48-52. 2Direct collection of data on disabilities within the current frame work of the CPS would be quite difficult. First, the extensive battery of questions required to identify physical and mental conditions would compromise the quality of response to labor force questions and might increase nonresponse. Second, self-identification of disabili ty would probably have to be restricted to “work-limiting” disability, a concept whose limitations are discussed in the text of this comment. The 1971-74 Health and Nutrition Examination Survey (HANES), conducted by the U.S. National Center for Health Statistics, provides data on 21,000 individuals from a household questionnaire, a general medical history questionnaire, and a series of extensive medical exami nations. Because the household questionnaire includes a series of labor force status questions and because the actual determination of disabil ity would be more objective than in a self-response methodology, the HANES data may be more appropriate for use in researching the re lationship between labor force status and disability. The Digitized for38 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis T h e CPS, w o r k , and d is a b ility : a r e p ly B a r b a r a L. W o l f e There are several advantages in using the Current Popu lation Survey to study disability and work: it is available annually without need for additional, expen sive, special surveys; it is nationally weighted; and it is Barbara L. Wolfe is an assistant professor of economics and preven tive medicine at the University of Wisconsin, Madison. readily accessible, permitting updated analysis and com parison. Clearly then, CPS data can be effectively used in research of this kind, provided the definition of disabili ty is clear. Philip Rones questions my definition of disability. He draws attention to a difficult issue— how to appropri ately define disability. Many definitions are used, from self-reported health, to capacity to work, to medical re ports of conditions. All have problems. Thus, in a real sense, defining disability is an “open game.” Among the multitude of definitions, mine is yet another. For clar ification, it may have been preferable to use an alternate term, say “individuals with work-limiting health condi tions.” However, the group discussed is identifiable re gardless of the term, and one for whom a number of public programs are targeted. Given this definition, which is clearly laid out in the analysis, the intergroup comparisons are quite appropri ate. Furthermore, because definitions of disabled per sons differ, the counts among them will not be equal. Thus, not surprisingly, the number identified as dis abled in my research is not the same as in a self-report ed survey. And, as Rones suggests, the 1972 Survey of the Disabled and the 1977 National Health Survey dif fer. Indeed, as I pointed out, the number of persons identified by my approach was expected to be smaller than that estimated under other definitions (in part through lack of information on housewives), and it was. In addition to this overriding issue, there are some others raised by Rones. First he suggests the need to identify people who have specific handicaps. In my view, this is not necessary in order to analyze work-lim iting health conditions. Moreover, emotional and men tal problems may also limit work. Second, Rones argues that under my definition, two persons with the same health conditions may differ in terms of work effort. This is true. But, it is also true of other definitions of disability, such as self-reported dis ability or medical records. Third, Rones states that the 1.7 million persons (1.5 percent of adults age 20-64) identified by low wages in combination with occupation is too large. Further tabu lations reveal that 420,000 are also identified by one or https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis more of the other definitions of disability used in my analysis, leaving 1.3 million identified only by low wages and occupation. A more im portant point is that many of these individuals may work in jobs similar to those in sheltered workshops, such as informal work with unreported wage costs or employment by charit able groups. Thus, omission of individuals in such jobs would exclude a sizable group with work-limiting health conditions. Fourth, Rones suggests that eliminating individuals who may be acutely ill, and the “overcount” of those in official sheltered workshops, would reduce the percent age I have defined as disabled to 10 percent. This is in accurate. Excluding these two groups would leave 11.03 percent defined as disabled. Furthermore, according to Levitan and Taggart, there were 410,000 clients in shel tered workshops over the 1975 fiscal year, not 250,000 as Rones suggests.1This higher number would place the percentage at 11.2 percent. Fifth, Rones suggests throughout that the bias im plied by my definition is “a finding of excessive discrep ancy between the labor force status of the two groups.” However, if Rones is correct that some individuals with acute but not chronic illnesses are included, there is a bias that works in the opposite way— non disabled working persons would be included in the definition, making the labor force status of the groups more alike. As a result, the difference would be underestimated, not overestimated. In conclusion, let me reiterate that defining the dis abled is a difficult task. There are two difficulties: agree ing on the appropriate definition and finding accurate ways to measure disability as defined. For many policy purposes, the focus has been on the inability to perform any substantial gainful activity. The definition in my study is based on work-limiting health conditions. As long as the definition is clearly defined and understood, research and findings based on it are valid and of po tential policy relevance. □ --------- FOOTNOTE---------See Sar Levitan and Robert Taggart, Jobs for the Disabled (Baltimore, Md., The Johns Hopkins Press, 1977), p. 29. 39 Productivity Reports P r o d u c t iv ity d ro p s, o u tp u t and h o u rs ris e d u rin g th e fo u r th q u a rte r L a w r e n c e J. F u lc o Productivity decreased at a 1.2 percent annual rate in the private business sector during the fourth quarter of 1980, marking the year’s second quarter of decline. Among nonfarm businesses, the drop was less pro nounced, agriculture posting a sharper decline. In manufacturing, productivity advanced briskly in the fourth quarter, registering the largest gain since the third quarter of 1975. Large productivity movements are more common in the manufacturing sector than in the broader-based business measures. Maufacturing cur rently accounts for about 27 percent of the nonfarm business sector. A summary of annualized fourth-quarter productivi ty, output, and hours changes appears in the following tabulation. Further details may be found in tables 3134 of the Current Labor Statistics section of this Re view. S e c to r Private business . . . Nonfarm business . Manufacturing . . . . D u r a b le.......... Nondurable . . Nonfinancial corpo rations ................ P r o d u c tiv ity O u tp u t H ou rs - 1 .2 - 0 .4 11.4 13.6 8.6 6.9 7.1 24.0 29.6 16.2 8.3 7.5 11.2 14.1 7.0 0.1 7.9 8.1 - Private business sector Although productivity declined during both the second and fourth quarters of 1980, the underlying rea sons were quite different. During the second quarter, output fell rapidly— the 11.5-percent decline marking the largest drop of its kind since the first quarter of 1975. At the same time, hours fell: employment dropped 5.4 percent and average weekly hours went Lawrence J. Fulco is an economist in the Office of Productivity and Technology, Bureau of Labor Statistics. Digitized for 40FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis down 4.7 percent (to 36.6 hours per week). This was the largest decline in average weekly hours during the postwar period. Thus, hours of all persons engaged in the private business sector decreased 9.9 percent. On the other hand, fourth-quarter output grew at a 6.9-percent annual rate, and hours of all persons in creased 8.3 percent. The productivity drop in this quar ter stemmed from an imbalance in the growth rates of output and hours, while the larger decline 6 months earlier occurred during a contraction of both. Unit labor cost— compensation per unit of output— posted a double-digit increase during the second-quarter productivity decline. In the fourth quarter, the 9.7-per cent increase in unit labor cost reflected an 8.4-percent rise in hourly compensation and a 1.2-percent drop in productivity. During the second quarter, unit labor cost increased 14.4 percent, as hourly compensation rose 12.2 percent (the largest advance since 1974), while pro ductivity slipped 1.9 percent. Unit labor cost rose more moderately during the first and third quarters as pro ductivity increased. The interaction of changes in pro ductivity, hourly compensation, and unit labor cost is shown in chart 1. Real hourly compensation adjusts employer outlays for compensation expenses for increases in the Consumer Price Index for All Urban Consumers ( c pi -u ). During the fourth quarter, real hourly compensation de clined 4.0 percent in the private business sector— the third quarterly decrease this year. Since the first quarter of 1978, real hourly compensation has gone up only twice. Hourly compensation includes employer pay ments for wages and salaries, shift differentials, pay ments in kind, social security, health and other fringe benefits, and employer taxes. The implicit price deflator for the private business sector increased 9.9 percent in the fourth quarter. Just as the CPI-U is the deflator for the mix of goods and ser vices which make up consumer spending, the implicit price deflator for the private business sector is a meas ure of price change for the components of the sector’s output. Changes in this deflator reflect movements in unit labor cost and unit nonlabor payments— which in clude capital consumption allowances, depreciation, in direct business taxes, and profits. Chart 1. Productivity and related measures in four major sectors in the economy, 1967-80 Ratio scale (1967=100) 300 Nonfinancial corporations ' S / ‘ Hourly ,.**' com pensation..*' / u n it labor cost y Productivity 90 1967 68 70 72 74 76 78 80 Nonfarm business sector Productivity also declined during the second and fourth quarters in the nonfarm business sector, which varies from the larger private business sector only by the farm sector, which currently is about 4 percent as large as nonfarm employment. However, because of the volatility of quarterly productivity and cost measures in the farm sector, the rates of change can differ in the pri vate business and nonfarm business sectors. (See table 1.) In the second quarter, a rapid increase in farm pro ductivity was reflected in the slower rate of productivity decline in the private business sector than in the non farm sector. Conversely, in the fourth quarter, a decline in farm productivity was manifested in the bigger drop in the private business sector. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1967 68 70 72 74 76 78 80 Similar factors were at work during the second and fourth quarter declines in nonfarm productivity as were discussed regarding the private business sector— a sharp contraction during the second quarter and expan sion during the fourth quarter. In the last 13 quarters, productivity has increased only twice in the nonfarm business sector. Manufacturing sector Productivity in the manufacturing sector increased strongly in the fourth quarter, as output gains occurred with less than proportional increases in paid-for hours. Productivity declined during the second and third quar ters of 1980 in manufacturing, and output fell 7.9 per cent over the period. Hours dropped 6.3 percent at the same time, and employment fell 5.0 percent. In the 41 MONTHLY LABOR REVIEW June 1981 • Productivity Reports Quarterly changes in productivity by sector, 1977 o co Table 1. [Seasonally adjusted annual rate] Private business..................................................................... 5.8 0.3 1979 1978 1977 Sector 5.1 1980 1.7 -2.3 0.9 0.5 0.4 -0.8 0.2 1.5 -1.1 1.3 1.9 1.5 1.2 -18.3 1.2 18.9 0.0 3.0 0.6 0.3 0.9 59.3 1.9 4.7 1.4 15.4 0.3 40.5 0.0 33.8 3.0 48.0 3.8 19.1 0.4 Farm ..................................................................................... Nonfarm ............................................................................... 5.9 5.7 33 3 1.2 88.0 2.8 - 30.0 -0.6 3.4 -2.4 Nonmanufacturing.......................................................... Manufacturing................................................................ 7.5 2.0 -0.4 4.6 3.1 2.3 -0.6 0.5 1.6 -4.2 -0.4 4.8 2.1 4.4 - 1.5 1.2 0.3 -2.2 4.1 3.3 - 1.2 1.6 0.3 0.1 -0.2 0.6 1.4 5.2 6.5 -1.5 5.5 11.4 Durable.................................................................. Nondurable ............................................................ 0.3 4.5 6.7 1.8 1.8 3.1 0.6 -2.3 -5.5 -2.1 7.0 1.4 3.0 6.5 0.2 2.9 4.4 1.5 3.2 3.3 5.9 5.6 0.5 0.6 -1.4 3.6 3.9 7.6 4.1 2.3 13.6 8.6 fourth quarter, output rose at a 24.0-percent annual rate, its most rapid increase since the third quarter of 1975. Hours advanced 11.2 percent. Despite these rapid advances both output and hours remained below yearearlier levels in the fourth quarter, reflecting the severity of the declines which occurred during the first 3 quar ters. Although compensation grew 10.2 percent during the fourth quarter, unit labor cost declined in manufactur ing, reflecting the cost-offsetting effect of productivity gains. This was the first drop in unit labor cost in man ufacturing since the third quarter of 1975. The gain in manufacturing productivity when the nonfarm sector as a whole was experiencing a produc tivity decline implies that the nonfarm nonmanu facturing sector showed a steep drop in productivity. This “residual” sector includes mining, construction, communications, transportation, public utilities, whole sale and retail trade, services, finance, insurance, and real estate; and State and local government enterprise. This sector employs approximately 57 million persons, whereas manufacturing employment stands at about 20.6 million. Productivity in the nonmanufacturing sec tor, by this definition, decreased 7.7 percent in the fourth quarter, reversing a 6.3-percent gain during 1980’s third quarter. The output measures compiled by the Bureau of Eco nomic Analysis of the U.S. Department of Commerce as part of the quarterly estimation of the national in come and product accounts (which form the basis for the BLS productivity measurement program) do not in clude quarterly estimates of manufacturing output. To overcome this problem, BLS uses the monthly index of industrial production for durable and nondurable manu facturing industries prepared by the Federal Reserve Board to compute quarterly productivity measurements for this sector. Differences in fluctuations of the manu facturing output and the Gross National Product series tend to be reflected in the implied productivity change in the “ residual” sector. It is impossible to directly con struct a quarterly productivity series for the “residual” to estimate the impact of these discrepancies. 42FRASER Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Real compensation and productivity There has been a close relationship between real hourly compensation and productivity throughout the postwar period. Because both variables are expressed in terms of the same hours, their relationship hinges on the ratio of real compensation (deflated by the CPI-U) and real output (deflated by the implicit price deflator). Because the portion of current-dollar output remitted to labor in the form of compensation payments— known as labor share—-has varied in an exceedingly narrow range over the postwar period, and because there is lit tle difference between the CPI-U and the implicit price de flator for private business output, the close correlation between productivity and real hourly compensation is assured. Table 2. Trends in hours in the private business sector, fourth quarter-1980 Worker category Percent change in hours 1 Category share of hours Contribution to trend Tota-............................ 8 .2 0 Manufacturing...................... Durable........................ Nondurable.................. 1 0 .7 7 0.271 2.91 1 3 .5 8 0 .1 6 3 2 .2 2 6 .5 9 0 .1 0 7 0.71 2 .2 3 0 .0 7 0 0 .1 6 2 .3 0 0 .0 3 9 0 .0 9 3 .8 8 0 .0 1 9 0 .0 7 - 0.51 0 .0 1 2 - 0.01 5 .6 9 0 .0 6 4 0 .3 7 Transportation, communication, and public utilities ............ Transportation.............. Communications .......... Public utilities................ Finance, insurance, and real estate .............................. Services.............................. Mining ................................ Construction........................ Wholesale trade .................. 1 .0 0 0 8 .2 0 4 .2 6 0 .1 2 9 35.11 0 .0 1 5 0 .5 2 1 3 .3 4 0 .0 5 5 0 .7 4 0 .5 5 6 .9 8 0 .0 6 9 0 .4 8 3 .7 9 0 .6 0 Retail trade ........................ Farm employees.................. Farm unpaid family workers . . Farm proprietors.................. Nonfarm proprietors ............ 23.51 0 .1 5 8 0 .0 1 4 1 3 1 .4 9 0 .0 0 4 0 .5 3 1 4 .0 5 0 .0 2 5 0 .3 5 1 0 .6 4 0 .1 0 0 1 .06 Nonfarm unpaid family workers Government enterprises . . . . Sum of interaction terms2 . . . - 7 .2 7 0 .0 0 5 - 0 .0 4 - 4 .7 8 0 .0 2 2 - 0.11 0 .3 2 0 .2 5 1Percent changes in hours refer to preliminary fourth-quarter measures. 2A measure of how much of the total private business change results from the joint effect of individual worker category movements. Compensation outlays account for about two-thirds of output; since 1947 the ratio in the nonfarm business sector has never been lower than 63.7 percent nor higher than 69.6 percent. Within this narrow range, some cyclical deviations in labor share have been ob served. The downward rigidity of compensation pay ments is reflected during contractions by a rise in the portion of output devoted to compensation, and a recip rocal drop in the fraction available for all other pay m ents— nonlabor payments— which include depreci ation, capital consumption allowance, indirect business taxes, and profits. In each postwar business cycle, labor share has been higher at the trough than the corre sponding peak. There has also been a fairly steady rise in the ratio over the period. Labor share peaked in the second quarter of 1980— at 69.6 percent of output— and in the fourth quarter https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis stood at 69.1 percent. The ratio has increased each year since 1977. Employment and hours Employment grew 5.0 percent in the private business sector, as gains occurred in nearly every subsector. The largest contribution to the rise in employment was in the manufacturing sector, where a 6.9-percent increase occurred. Manufacturing constitutes 27.1 percent of em ployment, so the effect of the increase in employment was to add 1.8 percentage points to the employment gain. The rise in employment and hours for the sectors which make up the private business sector are shown in table 2, together with their associated weights and con tributions to the advances in employment and hours in the fourth quarter. □ The naked table No one can use a statistical report honestly who does not take pains to read the text accompanying the tables. It is in many cases a mathematical and physical impossibility to put into a table just all that the table means, and the statistician who does not accompany his table with a sufficient explanation in the text of its defects and of the whole method of its construction and the manner in which it is to be used, has failed in performing his duty. C a r r o l l D. W r ig h t “The Limitations and Difficulties of Statistics,” T h e Y a le R e v ie w , August 1894, p. 142. 43 Technical Note A new le a d in g in d e x o f e m p lo y m e n t and u n e m p lo y m e n t G e o f f r e y H. M o o r e One of the composite leading economic indicators published by the Commerce Department is the “mar ginal employment adjustments” index. Its title derives from the fact that its components reflect employment adjustments typically made by employers and employ ees during the early stage of the business cycle. Three of the four components pertain to manufacturing: the aver age workweek, the accession rate, and the layoff rate. The fourth, initial claims for unemployment insurance, is broader in scope. The workweek reflects changes in the amount of overtime or in the number of workers employed part time; such adjustments can usually be made more promptly, and are easier to reverse when necessary, than decisions to hire and fire. The accession rate includes persons newly hired as well as those rehired after layoff, and the layoff rate includes both temporary and permanent layoffs. Initial claims repre sent the number of persons currently applying for un employment compensation, rather than those who are already receiving it. Each of the four series typically leads at business cy cle peaks and leads or is roughly coincident at troughs. Thus, the composite of the four series has led at every one of the seven business cycle peaks and six troughs between 1948 and 1980. The leads at troughs, however, have been short; for 4 of the 6 troughs, the lead was only 1 month. At peaks, the leads averaged 12 months, and none was shorter than 8 months. One reason the leads are long at peaks and short at troughs is that the index, as well as each of its compo nents, displays virtually no long-term growth. At its earliest peak, in January 1948, the index was 102.5 (1967=100). At its latest peak, in December 1978, the index stood at 99.1. Because the marginal employment adjustments index does not reflect the substantial Geoffrey H. Moore, a former Commissioner of Labor Statistics, is di rector of the Center for International Business Cycle Research at Rutgers University. Digitized for 44 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis growth of the economy during the intervening 30 years, its flat trend tends to produce early peaks and late troughs when compared with aggregate economic activi ty. This characteristic is a disadvantage for some pur poses and an advantage for others. Warnings of a recession a year or more ahead are apt to be discount ed, in view of the inevitable uncertainties, while signs of recovery a month ahead of the event are of limited val ue. On the other hand, the marginal employment ad justments index can be expected to be symmetrical in its behavior with respect to the peaks and troughs of some important economic indicators, such as the unem ployment rate, the employment ratio, or the capacity utilization rate, which are also largely trendless. There is a need, therefore, for a leading index in two forms, one with a trend corresponding to the growth in the economy, the other without. The trend requirement can be met by the same procedure used in the Com merce Department’s comprehensive leading index, namely, reverse trend adjustment. Here the long-term trend in the index is set equal to a “target trend” ob served over a certain period, and the current figures are adjusted by the same monthly increment required to achieve the target trend in the given period. In addition, it would be desirable to take advantage of component series that are available promptly, and at the same time reduce the considerable weight given to manufacturing in the existing index (3 out of 4 series). Less emphasis on a single sector may reduce the size of subsequent re visions of the index and smooth out erratic fluctuations, especially if the expanded sector coverage is provided by series from different sources. With these objectives in mind, the Rutgers Center for International Business Cycle Research has constructed a new index based upon four components. Two are in cluded in the existing index: average workweek and ini tial claims. The third series is average weekly overtime hours in manufacturing. This is a component of the av erage workweek, but is included as well because it is smoother and less frequently affected by holidays. The fourth series is the ratio of voluntary to involuntary part-time employment. The cyclical movements in this ratio are attributable primarily to the denominator, which reflects employers’ decisions to shorten work hours in response to current or anticipated adverse busi ness conditions. It behaves as a leading indicator at peaks and is roughly coincident at troughs.1It is based on data from the Current Population Survey of house holds and hence is statistically independent of the other series in the index, which are based on the Bureau of Labor Statistics establishment survey (average work week and overtime hours) or unemployment insurance records (initial claims). Also, it covers all sectors of the economy, not just manufacturing. Hence the new index includes two series that are re stricted to manufacturing (average workweek and over time hours) and two that are broader in scope (initial claims and part-time employment ratio). Only two of the series are from the same data source. Moreover, all https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the components are usually available by the end of the first or second week of the month following the month to which they refer. As a result, the new leading index is compiled by the Rutgers Center concurrently with other employment data, and about 3 weeks earlier than the existing index. In its original form the index has vir tually no long-run trend, but it is also compiled with a growth trend equal to that used in the Commerce De partm ent’s leading, coincident, and lagging indexes, namely 3.3 percent annually, or 0.272 percent per m onth.2 The new index without the target trend factor yields results very similar to those from the present index. 45 MONTHLY LABOR REVIEW June 1981 • Technical Note Five of the turning points are in the same month in both indexes, one is 6 months earlier in the new index, six are a month later, and one is 2 months later. Thus, the new index is often not quite as prompt as the existing one in reaching its high and lows. However, the new index is somewhat smoother. Its relation to the un employment rate is shown in table 1. It reaches its highs and lows prior to the corresponding turns in un employment in every instance except the January 1948 peak, and the average lead is about 6 months. Hence the new index should prove to be a useful leading indi cator of unemployment, especially if, as we expect, it is less subject to revision than the present index. 46 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Not only does the new index lead, but the magnitude of its changes are rather closely correlated with subse quent changes in the unemployment rate. (See chart 1.) For example, a regression of the year-to-year change in unemployment on the change in the new index during the last 6 months of the preceding year yields a correla tion coefficient of —.90 during the period 1949-80 (31 observations). Thus, by this simple method, the unem ployment rate was forecast for the year ahead with an average error of about half a percentage point. The new index with the target trend bears a fairly close relationship to nonfarm employment. (See chart 2.) However, the trend is steeper because the trend rate of growth in nonfarm employment is 2.2 percent annu ally, compared with the 3.3-percent target trend in the new index; the latter figure was selected to permit com parison with series other than nonfarm employment. The new index leads employment at 12 of the 13 peaks and troughs between 1948 and 1980, and is coincident once. The average lead is 3 months and the leads are about as long at troughs as at peaks (table 2). C o m p a r e d w i t h t h e existing index of this type, the new leading index of employment and unemployment has a broader economic coverage and is available more promptly. In its trendless form the new index is compa rable with other series that are essentially trendless, such as the unemployment rate, employment ratio, or capacity utilization rate. It consistently leads the unem ployment rate at both peaks and troughs by about 6 months on average. The index is also constructed with a trend, in which form it is comparable with series that grow with the economy, such as the employment level, Table 1. Relationship of the unemployment rate and the new leading index of employment (without target trend) to the business cycle, 1948-80 [In months] Business cycle Lead ( - ) or lag ( + ) at business cycle turns Lead ( - ) or lag ( + ) of new New leading in index at turns in Inverted dex of employ unemployment unemployment ment without rate rate target trend Peak: November 1948 ............... Trough: October 1949 ............... '-1 0 0 Peak: July 1953 ........................ Trough: May 1954 .................... +4 Peak: August 1957 .................. Trough: April 1958 .................... +3 Peak: April 1960 ...................... Trough: February 1961............... +3 Peak: December 1969 ............... Trough: November 1970 ............. +9 Peak: November 1973 ............... Trough: March 1975 .................. Peak: January 1980 .................. Mean lead or lag: At peaks ............................ At troughs .......................... At both turns ...................... -1 ’ -10 -5 '0 -7 -21 0 -17 -11 -2 -9 -5 -14 0 -7 -9 +2 -7 0 -6 -2 -6 -13 -7 -4 -12 -1 -7 -8 -5 -6 -2 -7 -1 +4 -1 -5 -3 11nitial month of series. Hence, peak might have been earlier and index might have led the unemployment rate. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [In months] Business cycle Lead ( - ) or lag ( + ) at business cycle turns Lead ( - ) or lag ( + ) of new New leading index at turns in index of em Nonfarm employment ployment, with employment rate target trend1 Peak: November 1948 ................ Trough: October 1949 ................ -2 0 -4 -6 -2 -6 Peak: July 1953 .......................... Trough: May 1954 ...................... -1 +3 -3 -2 -2 -5 Peak: August 1957 ...................... Trough: April 1958 ...................... -5 +1 -8 0 -3 -1 Peak: April 1960 ........................ Trough: February 1961 ................ 0 0 -3 -2 -3 -2 Peak: December 1969 ................ Trough: November 1970 .............. +3 0 0 0 -3 0 Peak: November 1973 ................ Trough: March 1975 .................... + 11 +2 0 0 -11 -1 Peak: January 1980 .................... +1 0 -1 Mean lead or lag: At peaks ............................ At troughs .......................... At both turns ...................... +1 +1 +1 -2 -2 -2 -4 -2 -3 1Target trend is that used in Business Conditions Digest composite indexes, 0.272 percent per month. which it leads by 2 or 3 months at both peaks and troughs. The new index, therefore, offers an early warn ing of cyclical shifts in employment and unemploy ment. □ -5 -8 -1 -4 Table 2. Relationship of nonfarm employment and the new leading index of employment (with target trend) to the business cycle, 1948-80 -----=— FOOTNOTES--------A c k n o w l e d g m e n t : The author wishes to thank Richard Conger, who did the statistical work underlying this article. Research for the project was supported by a grant from the Economic Development Administration of the U.S. Department of Commerce; however, that agency bears no responsibility for the content of the article. For fur ther details on the new index, including historical and current data, please contact the Center for International Business Cycle Research, Rutgers University, Newark, N.J. 07102 (201-648-5217). See Geoffrey H. Moore, Business Cycles, Inflation and Forecasting (Cambridge, Mass., Ballinger Publishing Company, 1980), Ch. 18. The trend rates are compound monthly rates between average lev els during the peak-to-peak specific cycles 1948-53 and 1974-79. The target trend is the average for the four components of the coincident index: nonfarm employment, real personal income less transfer pay ments, industrial production, and real manufacturing and trade sales. It is almost the same as the rate for real gross national product. See Business Conditions Digest, March 1979, p. 107, for more details. 47 Research Summaries W o r k e x p e rie n c e o f th e p o p u la tio n in 1979 Sy l v ia L a zo s T e r r y In any year, millions of Americans leave the labor force to enroll in school, take care of a home, raise a family, enjoy the fruits of retirement, or recover from an illness. Meanwhile, millions more enter the labor force to re place outgoing workers and to take the additional jobs the economy provides each year. Among the entrants are high school and college graduates seeking their first jobs, homemakers reentering the labor market, and vet erans of the Armed Forces seeking civilian jobs. In ad dition, there are millions of workers who are in the labor market for the entire year but who change jobs or experience one period or more of unemployment. The work experience data from the March Current Population Survey show many of these transitions1and provide a picture of labor market activities of the entire population during the course of a year. The total num ber of Americans who worked for at least 1 week in 1979 was 113 million, 16 percent larger than the aver age employment level for that year. That is, more per sons work at some time during the year than at any given time of the year. Similarly, many more persons experience unemployment during the year than in any given month. Many workers become unemployed but quickly find other jobs while others remain unemployed for many weeks. Turnover of unemployed workers dur ing 1979 amounted to 18 million persons. This figure is three times larger than the average number of persons who were unemployed during the year. This report examines the extent to which Americans participated in the labor force, worked, or looked for work during 1979. It also takes a look at changes in work activity over the past decade as reflected in the work experience data. Employment highlights The 113 million persons 16 years of age and over who were employed during all or part of 1979 repre https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis f 0 a 0i / flT , a sented an increase of 2.4 million over the 1978 total. (See table 1.) This gain was not as large as increases posted during the 1976-78 period, when, with the econ omy recovering from the 1975 recession, the number of persons with some employment during the year was growing by an average of 3 million annually. Women continued to enter the labor market in record numbers during 1979. About 1.5 million more women worked at some time during the year than during 1978, and almost 700,000 more were working all year at full time jobs. Women, ages 25 to 34, the “baby boom co horts,” continued to account for the bulk of the em ployment gains, which made up 1.0 of the 1.5-million increase in women with jobs. Higher levels of educa tion, smaller families, changing social attitudes, and the rising cost of raising a family, help to account for the large increases in the employment of women in this age group. Although men accounted for more than one-third of the employment gains in 1979, most of their employ ment increase was in full-time year-round jobs. This type of work accounted for about 80 percent of the in crease in jobs among men. As in the case of women, the group of men with the largest employment gains were those 25 to 34 years old, a rapidly expanding popula tion group. As in 1978, white women were more likely to have worked during the year than either black or Hispanic women (58 vs. 56 and 54 percent). However, black and Hispanic women who do work have relatively more full time employment than white women (75 and 76 vs. 67 percent). Hispanic women traditionally have been less likely to work outside the home but since 1976, the first year data were available on Hispanics, there has been a significant increase in the number of Hispanic women who worked during the year. In this 4-year period, the number of Hispanic women with jobs has increased by 24 percent compared with an 11-percent increase among white women, and a 13-percent increase among black women. Hispanic men have always had high labor force parSylvia Lazos Terry is an economist in the Office of Current Employ ment Analysis, Bureau of Labor Statistics. ticipation rates even though their educational attain ment levels are low, usually a strong indicator of a group’s labor force activities. Hispanic and white men were more likely to have worked in 1979 than black men (84 and 82 vs. 72 percent). From 1978 to 1979, however, the proportion of black men who worked full time all year increased by 2 percentage points over the pervious year. Nevertheless, both black and Hispanic men were still less likely to have worked all year at full time jobs than white men (59 and 61 vs. 67 percent). The number of persons experiencing unemployment at some time during the year rose slightly in 1979. (See table 2.) The number of persons with unemployment Table 1. Work experience during the year of persons 16 years and over, by extent of employment, race, and sex, 1978 and 1979 Extent of employment Both sexes 1978 1979’ Men 1978 Women 19791 1978 I 19791 Numbers in thousands ALL PERSONS Population ........................ Worked during the year2: Number .................... Percent of population .. 160,756 163,410 76,070 77,362 84,686 86,048 110,290 112,721 68.6 69.0 61,917 81.4 62,843 81.2 48,373 57.1 49,879 58.0 100.0 67.8 43.7 24.1 32.2 10.9 21.3 100.0 68.1 43.7 24.3 31.9 10.8 21.1 Percent distribution Persons who worked during the ye a r........................ Full time3 ...................... 50 to 52 weeks.......... 1 to 49 weeks............ Part-time4 .................... 50 to 52 weeks.......... 1 to 49 weeks............ 100.0 79.1 56.4 22.7 20.9 7.0 13.9 100.0 79.0 56.4 22.5 21.0 7.1 13.9 100.0 87.9 66.3 21.6 12.1 4.0 8.1 100.0 87.6 66.5 21.1 12.4 4.2 8.2 Numbers in thousands WHITE Population ........................ Worked during the year2: Number .................... Percent of population .. 140,999 143,114 97,603 69.2 99,773 69.7 67,187 68,241 73,812 74,873 55,378 82.4 56,183 82.3 42,226 57.2 43,591 58.2 100.0 66.8 43.0 23.7 33.2 11.2 22.0 100.0 67.1 43.3 23.8 32.9 11.2 21.7 Percent distribution Persons who worked during the y e a r........................ Full time3 ...................... 50 to 52 weeks.......... 1 to 49 weeks............ Part-time4 .................... 50 to 52 weeks.......... 1 to 49 weeks............ 100.0 78.9 56.8 22.1 21.1 7.2 13.9 100.0 78.8 56.8 22.0 21.2 7.3 13.9 100.0 88.1 67.2 20.9 11.9 4.1 7.8 100.0 87.8 67.3 20.5 12.2 4.3 7.9 Numbers in thousands BLACK5 Population ........................ Worked during the year2: Number .................... Percent of population .. 16,794 17,201 7,475 7,664 9,319 9,537 10,655 63.4 10,844 63.0 5,426 72.6 5,525 72.1 5,229 56.1 5,320 55.8 100.0 74.9 47.8 27.1 25.1 9.0 16.1 100.0 75.0 47.2 27.8 25.0 8.3 16.7 Percent distribution Persons who worked during the ye a r........................ Full time3 ...................... 50 to 52 weeks.......... 1 to 49 weeks............ Part-time4 .................... 50 to 52 weeks.......... 1 to 49 weeks............ 100.0 80.7 52.5 28.1 19.4 6.2 13.2 100.0 80.3 53.4 26.9 19.7 6.0 13.8 100.0 86.2 57.1 29.1 13.8 3.4 10.4 100.0 85.4 59.3 26.1 14.6 3.7 10.9 The 1970’s in perspective 1Data for 1979 have been updated from what was previously issued in Press Release 80-575. 2Time worked includes paid vacation and sick leave. 3Usually worked 35 hours or more. 4Usually worked 1 to 34 hours per week. 5Blacks only. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis dropped, reaching 17.7 million in 1978, compared with the 1975 recession high of 21.1 million. Between 1978 and 1979, unemployment increased by 230,000, and to taled 18.0 million. This was attributable to an increase of 380,000 in the number of persons who encountered some unemployment but also worked during the year and a decline of 150,000 in the number who looked for work but never held a job during the year. The number of unemployed persons in 1979 represented 15.7 percent of all those who worked or looked for work, not much different than the percentage in 1978, but well below the 20.2 percent in 1975. Although the probability of women becoming unem ployed during the course of a year is slightly higher than for men (16 vs. 15 percent), the average spell of unemployment is shorter for women than for men. About 66 percent of all women who encountered unem ployment in 1979 searched for jobs for less than 15 weeks, compared with 59 percent of all men. Women are also less likely than men to experience two periods or more of joblessness during the year. In 1979, 28 per cent of all women who worked during the year and were unemployed at some time had two periods or more of unemployment compared with 36 percent of all men. Close to 1 million women who were unemployed in 1979 might be classified as “casual jobseekers,” that is, they looked for employment for shorter periods, were unable to find the jobs they wanted, and then dropped out of the labor force. Women who did not work dur ing the year and looked for employment for less than 15 weeks totaled 923,000 and made up 11 percent of all women who were unemployed at some time in 1979. By comparison, the number of men in this same category numbered 339,000 and made up only 3 percent of all men with unemployment in 1979. Whites continued to experience less unemployment during 1979 than either blacks or Hispanics (15 vs. 24 and 22 percent). Blacks and Hispanics also were unem ployed for longer periods. (See tables 2 and 3.) Close to half of all blacks with unemployment during 1979 looked for work unsuccessfully for 15 weeks or more, while less than one-third of all whites were unemployed for that long a period. One of the most significant developments of the 1970’s was the continuing rapid entry of women into the labor force. Since 1969, the number of women who worked during the year has increased by 11.8 million, while the gain among men has only been 8.5 million. Since 1973, the year-to-year increase in employment has always been larger for women than for men. Since 1969, the proportion of working-age women with jobs during the year has increased by 5 percentage 49 M ONTHLY LABOR REVIEW June 1981 • Research Summaries points while the proportion of men with work declined by 4. By far, the age group that h a s' contributed the most to these gains are women 25 to 34 years. In 1969, 56 percent of all women in this age group held jobs; in 1979, that figure had jumped to 74 percent, an increase of 18 percentage points. By contrast, the proportion of employed men in this same age group slipped slightly, from 98 to 96 percent over the same period. The expanded participation of women 25 to 34 years of age and the large increase in their numbers caused by the inflow of the baby boom cohorts have made this demo graphic group one of the major growth components of the employment picture in the 1970’s. (See table 4.)2 As in past years, decreasing participation among older workers continued to be observed in 1979. Both men and women 55 years and older are less likely to work today than their counterparts of a decade ago. From 1969 to 1979, the proportion of men over age 55 with some employment during the year has declined from 64 to 52 percent and the proportion of women with jobs has dropped from 32 to 27 percent. In spite of legislation minimizing mandatory retirement, many Table 2. Persons 16 years and over who experienced some unemployment during the year, by race and sex, 1975, 1978, and 1979 Both sexes 1975 1978 Men 1979’ 1978 Women 19791 1979 1978 63,490 15.4 9,764 647 339 308 9,117 49,683 16.4 8,166 1,310 867 442 6,856 51,158 16.0 8,207 1,280 923 356 6,927 100.0 6.4 93.6 21.2 37.3 35.0 35.7 100.0 3.4 96.6 32.4 33.1 31.1 29.3 100.0 3.6 96.4 32.0 33.5 30.9 27.6 56,632 14.5 8,236 450 7,786 43,087 15.3 6,624 861 5,763 44,465 14.9 6,614 874 5,740 100.0 6.9 93.1 21.8 38.3 32.9 35.3 100.0 3.5 96.5 33.9 33.2 29.4 28.7 100.0 3.9 96.1 33.7 33.9 28.6 26.9 5,710 23.8 1,357 185 1,172 5,646 24.1 1,360 417 943 5,695 24.7 1,407 375 1,032 100.0 4.2 95.8 16.3 30.6 48.9 38.7 100.0 2.2 97.8 23.2 32.7 41.6 32.3 100.0 2.4 97.6 22.4 30.9 44.4 31.8 Numbers in thousands ALL PERSONS Persons who worked or looked for work during the year.................................. Percent with unemployment..................................................................... Persons with unemployment........................................................................... Did not work but looked for w ork............................................................ 1 to 14 weeks................................................................................. 15 weeks or more........................................................................... With work experience ............................................................................. 104,442 20.2 21,104 3,202 1,692 1,510 17,903 112,362 15.8 17,738 2,072 1,235 837 15,666 114,648 15.7 17,971 1,927 1,262 664 16,045 62,680 15.3 9,572 763 368 394 8,809 Percent distribution Unemployed persons with work experience.................................................... Year-round workers2 unemployed 1 or 2 weeks ...................................... Part-year workers3 unemployed ............................................................ 1 to 4 weeks................................................................................... 5 to 14 weeks................................................................................. 15 weeks or m ore........................................................................... With 2 spells or more of unemployment.......................................................... 100.0 4.7 95.3 21.1 31.2 42.9 31.3 100.0 4.3 95.7 25.9 35.7 34.1 32.5 100.0 5.2 94.8 25.8 35.7 33.2 32.2 100.0 5.0 95.0 20.8 37.7 36.5 35.0 Numbers in thousands WHITE Persons who worked or looked for work during the year.................................. Percent with unemployment..................................................................... Persons with unemployment........................................................................... Did not work but looked for w ork............................................................ With work experience ............................................................................. 92,229 19.1 17,660 2,285 15,375 98,985 14.7 14,548 1,382 13,166 101,097 14.7 14,850 1,324 13,526 55,899 14.2 7,924 521 7,403 Percent distribution Unemployed persons with work experience.................................................... Year-round workers2 unemployed 1 or 2 weeks ...................................... Part-year workers3 unemployed ............................................................. 1 to 4 weeks................................................................................... 5 to 14 weeks................................................................................. 15 weeks or m ore........................................................................... With 2 spells or more of unemployment........................................................... 100.0 4.9 95.1 21.7 31.7 41.7 30.9 100.0 4.5 95.5 27.5 35.8 32.2 31.7 100.0 5.6 94.4 26.9 36.5 31.1 31.7 100.0 5.2 94.8 22.5 37.9 34.4 34.1 Numbers in thousands BLACK" Persons who worked or looked for work during the year.................................. Percent with unemployment..................................................................... Persons with unemployment........................................................................... Did not work but looked for w ork............................................................. With work experience............................................................................. 10,496 29.5 3,100 866 2,234 11,304 25.0 2,831 649 2,182 11,405 24.2 2,764 560 2,204 5,658 26.0 1,471 232 1,239 Percent distribution Unemployed persons with work experience.................................................... Year-round workers2 unemployed 1 or 2 weeks ...................................... Part-year workers3 unemployed ............................................................ 1 to 4 weeks................................................................................... 5 to 14 weeks................................................................................. 15 weeks or m ore........................................................................... With 2 spells or more of unemployment........................................................... 100.0 3.8 96.2 16.6 28.8 50.9 33.9 1Data for 1979 have been updated from what was previously issued In Press Release 80575. 2Worked 50 weeks or more. 50 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 100.0 3.2 96.8 16.2 35.3 45.3 37.3 100.0 3.3 96.7 19.1 30.8 46.7 35.5 3Worked less than 50 weeks. 4Black only. 100.0 3.9 96.1 10.9 37.2 48.2 40.9 Table 3. Persons of Hispanic origin: work experience and unemployment during 1979 Item Both sexes Men Women Population ............................................ Persons who worked during 1979 Number (thousands)...................................... Percent......................................................... 8,268 4,074 4,194 5,683 68,7 3,410 83.7 2,272 54.2 Worked during the year .................................... Full time ...................................................... 50 to 52 weeks ........................................ 1 to 49 weeks .......................................... Part tim e ...................................................... 50 to 52 weeks ........................................ 1 to 49 weeks .......................................... 100.0 83.2 54.1 29.1 16.8 4.9 11.9 100.0 88.0 61.2 26.8 12.0 3.5 8.5 100.0 76.1 43.5 32.5 23.9 7.0 17.0 Persons who worked or looked for work during 1979 ............................................................ Percent with unemployment .......................... 5,822 22.0 3,459 21.5 2,363 22.7 Persons with unemployment.............................. Did not work but looked for work.................... With work experience.................................... 1,280 139 1,140 744 49 695 535 91 445 Unemployed persons with work experience........ Year-round workers unemployed 1 or 2 weeks ............................................ Part-year workers unemployed ...................... 1 to 4 weeks ............................................ 5 to 14 weeks .......................................... 15 weeks or more .................................... With 2 spells or more of unemployment.......... 100.0 100.0 100.0 3.9 96.1 22.5 37.2 36.5 33.6 4.5 95.5 20.2 38.4 36.8 36.3 2.8 97.2 26.0 35.3 35.7 29.5 workers have chosen to retire at an earlier age because of liberal pension plans, improved disability provisions, and increased social security benefits. In addition, em ployers have increasingly instituted monetary incentives to encourage older workers to retire early, not only as cost saving measures but also to open up slots for younger workers.3 Another significant development of the 1970’s is the widening of the gap in the proportion of black and white populations engaged in work. Previous to 1971, blacks4 were more likely to work during the year than were whites. In 1979, not only were blacks less likely to work during the year, but that difference— 63 versus 70 percent— was the largest since data were first collected in 1951.5(See table 5.) Several factors have been responsible for this develop ment. Black women have traditionally been very active in the labor force and their participation has remained high. However, over the last two decades, the attitudes of white women towards work outside the home have markedly changed and their labor market activities have increased considerably. The result is that whereas in 1969, black women were more likely to be working than white women (59 vs. 52 percent), in 1979, white women were more likely to work during the year than black women (58 vs. 56 percent). While the difference in the proportion of black and white women working during the year was gradually converging throughout much of the decade, the gap be tween the employment experience of black and white men has greatly increased since 1969. The proportion of employed black men during the year declined by 11 percentage points from 1969 (from 83 to 72 percent) https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis which is more than three times greater than the decline experienced by white men (from 86 to 82 percent). Black men were particularly affected by the 1973-75 recession. During this period, the proportion of black men with work during the year declined from 78 to 72 percent, and this ratio has not yet returned to prerecession levels. Two age groups show particularly sharp declines, especially when compared to the em ployment experience of white workers: teenagers (16 to 19 years old) and young adults (20 to 24 years old). While the proportion of white teenagers holding jobs during the year has not changed substantially in the past decade (70 percent in 1969 and 71 percent in 1979), the proportion of black teenagers with jobs, de clined from 56 percent in 1969 to 42 percent in 1979. Most of this decline is attributable to the sharp drop in the employment of black men (from 67 to 45 percent) as compared with young black women (from 40 to 39 percent). Many reasons have been cited for the low em ployment of black teenagers, among them the lack of jobs in the inner city areas where most black youths re side, the minimum wage which makes it too costly for businesses to hire inexperienced black youths, and high dropout rates.6 Much of the controversy that surrounds policy dis cussions dealing with the status of black teenagers has been fueled by the sharp rise in their unemployment rates. In 1979, the average monthly unemployment rate of black teens was about 2.3 times greater than that of white teens (32 vs. 14 percent).7 When viewed from a “work experience” standpoint, this difference persists, but not to the same extent. Table 6 shows that close to 38 percent of the black teens with labor force experi ence during 1979 encountered some unemployment compared to 25 percent of the white teenagers. Thus, over a year, a black teenage worker is 1.5 times as like ly as a white teenage worker to experience unemploy ment. The reason the monthly unemployment ratio between the two groups is much higher is that black teenage unemployment lasts longer. In 1979, 44 percent of all unemployed black youths looked for work for 15 weeks or more, while the proportion of white teens in this category was only 29 percent. The proportion of black teenagers encountering unTable 4. Proportion of all persons 16 years and older who worked during the year, by age and sex, 1969 and 1979 Men Age All persons 16 to 19 years . . . 20 to 24 years . .. 25 to 34 years . . . 35 to 54 years . . . 55 and older . . . . Women 1969 1979 Change 1969 1979 Change 85.2 74.4 89.8 97.8 97.0 63.7 81.2 70.6 91.7 96.0 94.5 52.2 -4.0 -3.8 + 1.9 -1.8 -2.5 -11.5 52.6 58.3 73.5 55.5 59.6 32.3 58.0 62.3 78.5 73.6 67.7 27.3 + 5.4 + 4.0 + 5.0 + 18.1 + 8.1 -5.0 51 MONTHLY LABOR REVIEW June 1981 • Research Summaries Table 5. Proportion of all persons 16 years and older who worked during the year, by race, age, and sex, 1969 and 1979 Men Both sexes Women Race and age 1969 1979 Change 1969 1979 Change 1969 1979 Change 68.4 67.7 70.2 81.2 75.077.3 46.1 70.6 69.7 70.8 87.5 85.1 81.2 38.4 + 2.2 + 2.0 + 0.6 + 6.3 + 10.1 + 3.9 -7.7 86.0 85.5 75.5 90.2 98.0 97.3 63.9 83.0 82.3 75.1 93.5 96.9 95.3 52.8 -3.0 -3.2 -0.4 + 3.3 -1.1 -2.0 -11.1 52.7 51.9 61.3 74.1 53.4 58.5 31.7 59.4 58.2 66.5 81.6 73.7 67.8 27.0 + 6.7 + 6.3 + 5.2 + 7.5 + 20.3 + 9.3 -4.7 72.1 70.0 56.3 77.5 82.3 79.3 49.0 66.3 63.0 41.9 69.0 80.7 76.6 36.7 -5.8 -7.0 -14.4 -8.5 -1.6 -2.7 -12.3 84.0 82.7 67.3 87.2 96.3 93.5 61.7 74.5 72.1 45.0 80.3 89.8 88.1 45.6 -9.5 -10.6 -22.3 -6.9 -6.5 -5.4 -16.3 62.2 58.7 40.0 69.7 70.8 67.6 38.3 59.7 55.8 39.0 60.1 73.8 67.3 29.9 -2.5 -2.9 -1.0 -9.6 + 3.0 -0.3 -8.4 WHITES Percent who worked or looked for work during year .......................................................... Percent who worked during year...................... 16 to 19 ........................................................ 20 to 24 ........................................................ 25 to 34 ........................................................ 35 to 54 ........................................................ 55 and older .................................................. BLACKS Percent who worked or looked for work during year .......................................................... Percent who worked during year...................... 16 to 19 ........................................................ 20 to 24 ........................................................ 25 to 34 ........................................................ 35 to 54 ........................................................ 55 and o ld e r.................................................. employment during the course of a year has not varied significantly from 1969 levels (from 36 to 38 percent). However, the composition of black teenage unemploy ment has undergone a major change over the last 10 years. Specifically, black teenagers who never worked in the year but nevertheless searched for jobs made up 40 percent of all black teens with unemployment in 1979— a sharp increase from the 26 percent in 1969. By com parison, the proportion of white teenagers who never worked but searched for jobs showed little change over the decade. (See table 6.) The employment situation of young black adults, 20 to 24, to some extent parallels the experience of black teenagers. The proportion of blacks in this age group who worked during the year has declined (from 78 per cent in 1969 to 69 percent in 1979). During the same period, the proportion of whites in this age group who worked during the year has increased (from 81 percent Table 6. Incidence of unemployment and nonworkers as percent of unemployed, by race and age, 1969 and 1979 Whites Item Blacks 1969 1979 Change 1969 1979 Change 11.6 21.4 18.9 9.7 7.2 14.7 25.1 23.9 12.6 7.1 + 3.1 + 3.7 + 5.0 + 2.9 -0.1 19.7 36.3 30.6 15.9 10.8 24.2 37.6 38.4 21.1 11.4 + 4.5 + 1.3 + 7.8 + 5.2 + 0.6 8.9 16.2 6.4 6.8 9.8 8.9 13.5 6.7 7.9 12.4 0 -2.7 + 0.3 + 1.1 + 2.6 14.7 25.7 18.3 8.2 13.5 20.3 40.2 19.2 16.5 9.2 + 5.6 + 14.5 + 0.9 + 8.3 -4.3 Percent of the labor force with un employment during the year All persons.................... 16 to 19 years.......................... 20 to 24 years.......................... 25 to 54 years.......................... 55 and o ld e r............................ Nonworkers who looked for work as percent of the unemployed All persons.................... 16 to 19 years.......................... 20 to 24 years.......................... 25 to 54 years.......................... 55 and older ............................ 52 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis in 1969 to 88 percent in 1979). Part of the decline in the annual employment experi ence of young black adults is reflected in rising unem ployment levels. In 1969, 31 percent of blacks 20 to 24 with labor force experience during the year encountered some unemployment; in 1979, this proportion had in creased to 38 percent. Whites in this age group have also experienced a rise in the incidence of unemploy ment, although not to the same extent as blacks. In 1969, 19 percent of all young white adults experienced some unemployment; in 1979, it was 24 percent. □ --------- FOOTNOTES---------1 The data for this report are based on responses to special “work experience” questions included in the March 1980 Current Population Survey (CPS), conducted for the Bureau of Labor Statistics by the Bureau of the Census. The work experience questions refer retroac tively to the civilian work experience of persons during the entire pre ceding year. Because many persons enter and leave the labor force during the course of the year, the number of persons with employ ment and with unemployment as determined through the work experi ence questions is much greater than the annual average for the same year based on the monthly survey conducted during the year. Persons who reached age 16 during January, February, or March 1980 are in cluded. However, the work experience of persons who were in the ci vilian labor force during 1979 but were not in the civilian noninstitutional population in March 1980 is not included. Similarly, data on persons who died in 1979 or 1980, before the survey date, are not re flected. This is the latest in a series of reports on this subject. Data from the March 1979 survey were published in the Monthly Labor Review, March 1980, pp. 43-47, and issued with additional tabular data and explanatory notes as Special Labor Force Report 236. This report will be reprinted with additional data from the March 1980 survey as a Special Labor Force Report later this year. 2 Increased participation of women in the labor force has been thor oughly documented in other BLS publications. See, for example, Janet L. Norwood and Elizabeth Waldman, “Women in the Labor Force: Some New Data Series,” Report 575 (Bureau of Labor Statistics, 1979). ' The Wall Street Journal reported early retirement inducements were recently being promoted by such companies as General Motors, Sears, Eaton Corp., Caterpillar, United Airlines, American Airlines, and B. F. Goodrich. For further details see, Joann S. Lublin and Mi chael L. King, “More Employers Offer an Early Retirement,” The Wall Street Journal, Nov. 12, 1980. Also, for a discussion of the labor force impact of legislation dealing with mandatory retirement, see Philip L. Rones, “The retirement decision: a question of opportuni ty?” Monthly Labor Review, November 1980, pp. 14-17. 4 Previous to 1976, data for all persons other than white were used to represent data for blacks. In 1969, blacks represented 92 percent of all persons who were not white. The monthly CPS employment-population ratios show similar trends. "For an in-depth analysis of the discouragement of black youth, see Norman Bowers, “Young and marginal: an overview of youth em ployment” and Morris J. Newman, “The labor market experience of black youth, 1954-78,” Monthly Labor Review, October 1979, pp. 4 16 and 17-27. 7Employment and Earnings, January 1980, pp. 158-59. W ages in m e a tp a c k in g and p re p a re d m e a t p ro d u c ts p la n ts , M a y 1979 Straight-time hourly earnings of production workers in meatpacking plants averaged $6.97 an hour in May 1979, and $6.52 an hour for workers in prepared meat products plants, where slaughtering is not performed. Earnings averaged about 50 percent higher than in March 1974, when the Bureau of Labor Statistics con ducted a similar survey of wages and related benefits.1 During the same period, earnings rose 54 percent in all manufacturing industries, according to the Bureau’s Hourly Earnings Index. Earnings in meat products manufacturing ranged widely from the May 1979 Federal minimum of $2.90 an hour to more than $10. Contributing to this relative ly high degree of dispersion were broad differences in skill levels for various manufacturing processes. The middle 50 percent of workers in meatpacking earned be tween $5.64 and $8.06 an hour. In prepared meat prod ucts, the corresponding range was $4.84 to $8.01 an hour. Regionally, average earnings were highest in the Pa cific States ($8.10 an hour in meatpacking and $8.37 in prepared meat products) and lowest in the Southeast ($4.69 in meatpacking and $4.73 in prepared meat Meatpacking workers in the Middle West, slightly more than one-third of the 104,000 production workers stud ied, averaged $7.84 an hour. In prepared meat products, the Great Lakes region had the largest employment, with three-tenths of the industry’s nearly 49,000 pro duction workers. These workers averaged $7.03 an hour. The occupations studied separately represent various pay levels and skills in meatpacking and prepared meat products plants. Hourly averages in meatpacking plants https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ranged from $4.52 for beef stunners who use devices other than pneumatic hammers or captive-bolt pistols2 to $9.63 for millwrights. Hourly earnings for the most numerous jobs (1,500 or more incumbents) averaged $6.71 for night cleaners; $6.41 for shipping packers; $6.12 for truckdnvers other than semi-or trailer; $7.38 for general utility maintenance workers; and $7.09 for boxers of entire beef carcasses. In prepared meat products plants, averages ranged from $5.26 for baggers of boxed beef to $8.77 an hour for stationary engineers. Shipping packers, the most nu merous job studied, averaged $6.29 an hour. Other nu merically important jobs included: night cleaners, $6.42, and general utility maintenance workers, $7.77. Workers in the meatpacking industry were about equally divided between plants employing fewer than 500 workers and those with 500 or more; however, less than one-tenth of the prepared meat products employees worked in plants with 500 workers or more. In both in dustries, establishments within the scope of the survey employed a minimum of 20 workers, and were, for the most part, located in metropolitan areas. Four-fifths of the meatpacking workers and seven-tenths of the pre pared meat products employees were covered by labormanagement agreements. The Amalgamated Meat Cut ters and Butcher Workmen of North America ( a f l -C I o ) was the major union. In June 1979, this union merged with the Retail' Clerks International Union to form the United Food and Commercial Workers International Union. Wages tended to be higher in metropolitan areas or union establishments than in smaller communities or nonunion plants. Similarly, employees in large establish ments (those with at least 500 workers in meatpacking, and at least 100 workers in prepared meats) and in multiplant establishments averaged higher earnings than employees performing comparable tasks in smaller or single-plant establishments. Pay advantages recorded for such comparisons were typically 20 percent or more above the lower averages. Nearly every plant surveyed provided paid holidays, paid vacations, and at least part of the cost of life and various health insurance plans. Eight to 10 holidays an nually were typical, as were 1 to 5 weeks of vacation pay, depending on years of service. A comprehensive report (Industry Wage Survey: Meat Products, May 1979, Bulletin 2082) is available from the Bureau of Labor Statistics, Washington, D.C. 20212, or its regional offices. □ --------- FOOTNOTES------------1 For an account of the earlier study, see Harry B. Williams, “Meat industry wages in March 1974,” Monthly Labor Review, pp. 53-55, December 1975. ' These workers stun beef preparatory for slaughtering. 53 M ONTHLY LABOR REVIEW June 1981 • Research Summaries C o s t o f liv in g in d e xe s fo r A m e ric a n s liv in g a b ro a d The U.S. Department of State has prepared new indexes of living costs abroad for 19 major foreign cities. The changes in the indexes range from a 15-percent decline for Tokyo and Buenos Aires to a 25-percent increase for Mexico City and Johannesburg. The periods be tween price survey dates were 2Vi to 3 years for Mexico City and Johannesburg, and 5 to 18 months for the other cities. The indexes of living costs abroad are used to com pute post allowances for Americans assigned to foreign posts where living costs, based on an American pattern of living, are significantly higher than in Washington, D.C. The indexes compare the cost in dollars of repre sentative goods and services, excluding housing and ed ucation, purchased at foreign posts and in Washington, D.C. Table 1 shows indexes of living costs abroad for 30 major foreign cities. For Americans in Tokyo, living costs in dollars de Table 1. Indexes of living costs abroad, excluding housing and education, January 1981 [Washington, D.C. = 100 ] Country and city Survey date Monetary unit Rate of exchange per U.S. dollar Local index 1836 0.8547 13.3 0.3800 28.0 155 127 154 142 157 Argentina: Buenos Aires .............. Australia: Canberra...................... Austria: Vienna............................ Bahrain: Manama........................ Belgium: Brussels........................ June May Feb. Nov. Mar. 1980 1980 1980 1979 1980 Peso Dollar Shilling Dinar Franc Brazil: Sao Paulo ........................ Canada: Ottawa.......................... China: Beijing.............................. France: Paris.............................. Germany: Frankfurt .................... Oct. Nov. July Mar. May 1980 1979 1980 1980 1980 Cruzeiro Dollar Yuan Franc Mark 58.3 1.18 1.46 4.00 1.76 96 100 96 168 155 Hong Kong: Hong Kong .............. India: New Delhi.......................... Israel: Tel A viv ............................ Italy: Rome ................................ Japan: Tokyo.............................. June July Dec. Feb. Feb. 1980 1979 1979 1980 1980 Dollar Rupee Shekel Lira Yen 4.95 8.11 3.30 832 226 117 93 123 125 156 Korea: Seoul .............................. Mexico: Mexico, D .F .................... Netherlands: The Hague.............. Nigeria: Lagos ............................ Philippines: Manila ...................... June Apr. Feb. Mar. Jan. 1980 1980 1980 1980 1979 Won Peso Guilder Naira Peso 587 22.7 1.98 0.5774 7.38 135 Saudi Arabia: Al Kohbar (Dhahran) Singapore: Singapore.................. South Africa: Johannesburg.......... Spain: Madrid.............................. Sweden: Stockholm .................... May May June Dec. June 1980 1979 1980 1979 1980 Riyal Dollar Rand Peseta Krona 2.15 0.7634 66.0 4.18 139 115 112 124 168 Switzerland: Geneva.................... United Arab Emirates: Abu Dhabi .. United Kingdom: London.............. U.S.S.R.: Moscow........................ Venezuela: Caracas.................... May Aug. Apr. Jan. Oct. 1980 1980 1980 1980 1980 Franc Dirham Pound Ruble Bolivar 1.58 3.66 0.4169 0.6575 4.28 176 135 154 135 137 S ource: U.S. Department of State, Allowances Staff. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3.33 99 151 173 89 clined 15 percent, as average prices rose less than in Washington, D.C., and the foreign exchange cost of the yen declined 6 percent. In eight other foreign cities, av erage prices paid by Americans also rose less than in the United States. In Frankfurt, The Hague, Geneva, and Abu Dhabi, these relative price trends were offset in part by increases in foreign exchange costs. Living costs in dollars, as measured by the local index, de clined 8 percent in Abu Dhabi, 6 percent in Frankfurt, 4 percent in Geneva, and 2 percent in The Hague. For Americans in A1 Khobar and Stockholm, the relative price trends were fully reflected in lower living costs in dollars (down 6 percent for A1 Khobar and 3 percent for Stockholm), because the exchange rates were un changed. In Brussels and Paris, on the other hand, the relative price trends were almost exactly offset by in creased exchange rate costs, and living costs in dollars were unchanged. For Americans in Caracas, living costs in dollars were unchanged, as prices rose at the same rate as in Washington, D.C., and the exchange rate for the Boli var was also unchanged relative to the dollar. In the remaining foreign cities, average prices paid by Americans rose more than in the United States. In Buenos Aires, Canberra, and Mexico City, lower ex change rates offset part of the steeper price trends, while in Hong Kong, Johannesburg, and London, higher exchange rate costs added to living costs in dol lars. For Americans in Rome, the exchange rate was unchanged. New local indexes were up 5 percent for Hong Kong, 8-10 percent for Buenos Aires, Canberra, and Rome, 18 percent for London, and about 25 per cent for Mexico City and Johannesburg. For Mexico City, as well as Sao Paulo, living costs in dollars were nevertheless still lower than in Washing ton, D.C. On the other hand, for Tokyo and the Euro pean cities (except Rome), living costs for Americans were 50 to 75 percent higher. It is advisable to check the prevailing exchange rates whenever using the index es of living costs abroad because the rates are subject to sudden shifts, and different rates would substantially af fect living costs in dollars. The indexes for 165 foreign cities are published in quarterly reports entitled U.S. Department o f State In dexes o f Living Costs Abroad and Quarters Allowances. Data for all cities are published in April, and subse quent revisions are published in July, October, and Jan uary. The methods of compiling and using the indexes are explained in U.S. Department o f State Indexes o f Living Costs Abroad and Quarters Allowances: A Techni cal Description, Report 568 (Bureau of Labor Statistics, 1980). The reports are available on request from the Office of Publications, Bureau of Labor Statistics, Washington, D.C.' 20212. □ M ajor Agreements Expiring Next M onth This list of collective bargaining agreements expiring in July 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. A m a lg a m a te d S u g a r C o . (Id a h o & O r e g o n ) ..................................................................... A s s o c ia t e d G e n e r a l C o n t r a c t o r s o f A m e r ic a , I n c ., G e o r g i a B r a n c h a n d 2 F o o d p ro d u cts .................................. N u m b er of U n io n 1 In d u stry E m p lo y e r an d lo c a tio n ....................................................... 1 ,8 0 0 .............................................................. 3 ,0 0 0 G r a in M ille r s C o n s t r u c t i o n ......................................... C a rp en ters w orkers o t h e r s ( G e o r g ia ) B a y A r e a S o ft D r i n k B o t t le r s A s s o c i a t i o n ( C a l i f o r n i a ) ............................................. F o o d p ro d u cts ................................... T e a m s t e r s ( I n d .) ................................................ 1 ,2 0 0 B r a n iff A i r w a y s , C le r ic a l ( I n t e r s t a t e ) 2 ................................................................................... A ir t r a n s p o r t a t i o n ............................ T e a m s te r s ( I n d .) ................................................ 3 ,6 0 0 C a r b o r u n d u m C o ., 7 D i v i s i o n s ( N i a g a r a F a l ls , N . Y . ) ................................................ S t o n e , c la y , a n d g l a s s p r o d u c t s O il, C h e m ic a l, a n d A t o m i c W o r k e r s . . 2 ,3 0 0 C e n t u r y B r a s s P r o d u c t s , I n c ., W a t e r b u r y D i v i s i o n ( C o n n e c t i c u t ) ..................... P r im a r y m e t a l s ................................... A u t o W o r k e r s ( I n d . ) .......................................... 1 ,6 5 0 D e l t a A i r li n e s , I n c . ( I n t e r s t a t e ) 2 ................................................................................................ A ir t r a n s p o r t a t i o n ........................... A i r L in e P i l o t s ....................................................... 3 ,0 0 0 F o o d E m p l o y e r s C o u n c il , I n c ., R e t a il F o o d , B a k e r y , C a n d y , a n d G e n e r a l R e t a il tr a d e ......................................... F o o d a n d C o m m e r c ia l W o r k e r s .............. 6 0 ,1 5 0 C o m m u n i c a t i o n ................................... C o m m u n i c a t i o n s W o r k e r s ............................ 2 ,7 0 0 R e t a il tr a d e ......................................... M a c h in is t s .............................................................. 1 ,9 5 0 T r a n s p o r t a tio n e q u ip m e n t . . . . M a c h in is t s .............................................................. 1 ,4 0 0 ........................ I n str u m e n ts ......................................... A u t o W o r k e r s ( I n d . ) ......................................... 1 ,4 0 0 ............................................................................ R e t a il t r a d e ......................................... F o o d a n d C o m m e r c ia l W o r k e r s .............. 8 ,5 0 0 L o n g sh o rem en an d W a reh o u sem en 8 ,4 0 0 M e r c h a n d is e A g r e e m e n t (C a lif o r n ia ) G e n e r a l T e l e p h o n e C o . o f O h io ................................................................................................ G r e a t e r S t. L o u is A u t o m o t i v e A s s o c ia t i o n a n d 1 o t h e r ( M is s o u r i a n d I ll in o is ) I n t e r n a t io n a l H a r v e s t e r C o ., S o la r G r o u p (S a n D i e g o , C a lif.) L e a r S ie g le r , I n c ., I n s tr u m e n t D i v i s i o n ( G r a n d R a p id s , M ic h .) M e ij e r , I n c . a n d S u b s id ia r ie s ( M i c h i g a n ) ............................ P a c ific M a r it im e A s s o c i a t i o n ( C a lif o r n ia , O r e g o n , a n d W a s h i n g t o n ) .............. W a t e r T r a n s p o r t a t i o n ..................... ( I n d .) S o u t h e r n I ll in o is C o n t r a c t o r s A s s o c i a t i o n ............................................................................ C o n s t r u c t i o n ......................................... L a b o r e r s ..................................................................... 2 ,0 0 0 T r a n s W o r ld A i r li n e s , F l ig h t A t t e n d a n t s ( I n t e r s t a t e ) 2 A ir t r a n s p o r t a t i o n ............................ I n d e p e n d e n t A i r li n e U n io n 3 ,2 0 0 ............................................. ........................ U n io n C a r b id e C o r p ., N u c l e a r D i v i s i o n ( P a d u c a h , K y . ) ......................................... C h e m i c a l s ................................................ O il, C h e m ic a l, a n d A t o m i c W o r k e r s . . 1 ,4 0 0 U n i o n E le c tr ic C o . ( I n t e r s t a t e ) .................................................................................................... U t i li t i e s O p e r a t in g E n g i n e e r s ......................................... 1 ,4 5 0 .................................................... G o v er n m e n t a c tiv ity Io w a : D e s M o in e s I n d e p e n d e n t C o m m u n i t y S c h o o l D i s t r i c t , P r o f e s s io n a l E m p lo y e e o r g a n iz a t io n 1 E d u c a t i o n ................................................ N a t i o n a l E d u c a tio n A s s o c ia t i o n ( I n d .) 2 ,3 0 0 E d u c a t i o n ................................................ N a t i o n a l E d u c a t i o n A s s o c ia t i o n ( I n d .) 1 ,5 5 0 E m p lo y e e s M ic h ig a n : L a n s in g S c h o o l D i s t r i c t , B o a r d o f E d u c a t i o n , T e a c h e r s .............. 1Affiliated with A F L -C IO except where noted as independent (Ind.) in form ation is from newspaper reports. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Developments in industrial Relations Union members rebuff negotiators, accept accord Members of the Association of Western Pulp and Pa per Workers approved a contract with six companies in Oregon, Washington, and California, even though the union’s negotiators had rejected the proposed terms. Union president Farris Bryson said the 3-year accord fell short of inflationary trends and that the employers had capitalized on the lingering effects of long strikes in 1978 and 1979. The contract for the 6,700 pulp and paper workers provided for wage increases of 9 percent effective imme diately, 90 cents an hour on the first anniversary, and 85 cents on the second. The swing shift differential was increased to 44 cents (from 34 cents) and the graveyard shift differential was increased to 66 cents (from 56 cents) in stages over the contract term. Other provisions included a 14th paid holiday; 5 weeks of paid vacation after 15 years of service (former ly 16) and 6 weeks after 20 years (formerly 21); and em ployer payment of all premium cost increases needed to maintain hospital, medical, surgical, dental, and vision care benefits. Bryson would not speculate on the extent to which the agreement might influence coming settlements with individual companies for 11,000 employees. The unified bargaining by the six companies was a departure from their practice of negotiating individually with the union. The companies are Boise Cascade Corp., Crown Zellerbach Corp., G-P Corp., ITT-Rayonier Inc., Menasha Corp., and Weyerhaeuser Corp. Mesta workers give up part of escalator increase Employees of the Mesta Machine Co.’s West Home stead, Pa., plant approved a new 3-year contract, end ing a 45-day walkout. However, Mesta indicated that it was still considering closing the facility, which produces rolling mill equipment for the steel industry, citing a very low volume of orders. The company has a smaller operation in New Castle, Pa.; Mesta lost $12.1 million “Developments in Industrial Relations” is prepared by George Ruben and other members of the staff of the Division of Trends in Employee Compensation, Bureau of Labor Statistics, and is largely based on in formation from secondary sources. 56 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis in 1980 and $4.8 million in 1979. The settlement with United Steelworkers Local 7174 did not provide for an immediate wage increase. In the second contract year, the workers will receive a 10-cent general increase and a 1-cent increase in the increment between job grades. All employees will receive a flat 30-cent increase in the third year. The existing formula for cost-of-living adjustments was continued, but part of each resulting quarterly increase will be withheld— 9 cents in the first contract year, 6 cents in the second, and 3 cents in the third. There were a number of improvements in insurance benefits, all of which were effective in the second and third years, except for first-year improvements in sick ness and accident benefits. There were no changes in re tirement benefits, but the contract is subject to reopening on this issue if Mesta shows a profit for three consecutive quarters. Pattern-setting contract in cement industry Lone Star Industries, Inc., and the Cement, Lime and Gypsum Workers negotiated a 3-year contract that set a pattern for 16,000 employees of other cement compa nies. The Lone Star accord, which covered 1,300 work ers, provided for a 65-cent-an-hour wage increase on May 1, 1981, a 20-cent increase on November 1, 1981, 55 cents on May 1, 1982, and 50 cents on May 1, 1983. New employees assigned to the lowest pay grade will start at $1 an hour below the standard rate for the grade and receive a 25-cent-an-hour increase every 3 months until they attain the standard rate. Lone Star officials said the provision “recognizes the value of the worker’s on-the-job experience.” Previously, new grade 1 employees started at the standard rate, the approach that still applies to new employees in all other grades. The cost-of-living calculation rate remained at 1 cent an hour for each 0.3-point movement in the Bureau of Labor Statistics Consumer Price Index for Urban Wage Earners and Clerical Workers, but the clause specifies that the quarterly pay adjustments, which start in the second year, are payable only if the calculated total in crease exceeds 50 cents in the second year and 45 cents in the third year. In addition, a new “corridor” concept specified that only that portion of the CPI rise up to 12 percent and that portion in excess of 14 percent will be MONTHLY LABOR REVIEW June 1981 • Developments in Industrial Relations used in calculating adjustments. Pension improvements included a $1-increase in the normal rate in each contract year, bringing it to $20.50 a month for each year of credited service. There also was a $15.75-a-month increase in the pensions of work ers who retired prior to May 1, 1978. Other improve ments were in Supplemental Unemployment Benefits and hospital, medical, surgical, and dental benefits. The other companies that agreed to terms similar to Lone Star included General Portland Inc., Martin Mari etta Corp., and Lehigh Stone Co. Overall, the round of bargaining involved 142 facilities throughout the Na tion. Apparel workers get pay increase More than 200,000 members of the Ladies Garment Workers’ union were expected to receive wage increases, a result of cost-of-living wage reopening clauses of con tracts negotiated in 1979. The negotiations, which cen tered in the outerwear industry, began last November when dress workers in the New York City area asked for a wage increase to help offset a 20-percent rise in prices since the inception of their contract. After unsuc cessful bargaining, the issue was resolved through bind ing arbitration. Arbitrator Milton Ruben decided that a 7-percent wage increase already scheduled for June 1, 1981, should be advanced to March 15, 1981, and increased to 11 percent. This wage improvement was then extend ed to the other types of apparel production in the New York City area and at various other locations. In a few cases, where the 7-percent increase had been scheduled for July 1981, the 11-percent total increase was made effective in April 1981. Philadelphia-area transit workers end strike A 19-day strike affecting 400,000 Philadelphia-area commuters ended when the Southeastern Pennsylvania Transportation Authority and the Transport Workers union negotiated a 2-year contract. Two major issues in the dispute were resolved by retaining provisions bar ring layoffs and the use of part-time employees. The Transportation Authority wanted to fill about 5 percent of the 5,000 jobs in the bargaining unit with part-time employees who would work during either the morning or the evening rush hours at lower pay and benefit lev els than full-time employees. This would have resulted in the layoff of some full-time workers. Currently, about 60 percent of the 4,900 employees are on split shifts, working both rush hour periods. In exchange for retention of these provisions, the union agreed to somewhat smaller wage increases than it had been seeking. The contract calls for a 2-percent increase effective March 15, 1981, 4 percent on July 5, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1981, and 6.5 percent on March 14, 1982. The existing cost-of-living clause was retained: it provides for in creases of up to 12 cents an hour in December of 1981 and 1982, calculated at 1 cent an hour for each 0.4-per cent rise in the Bureau of Labor Statistics Consumer Price Index for Urban Wage Earners and Clerical Workers from July to November of the respective years. The pension for employees retiring under the “ 30 years and out” provision was increased to $300 a month plus $15 (formerly $12) for each year of service in excess of 30 accrued prior to age 62 and $20 (former ly $12) for each subsequent year. Future retirees and their dependents benefit from a new company-financed plan that covers all but $2 of each prescription drug purchase. The spouse of an employee who had been eli gible for retirement at the time of death will now re ceive a survivor benefit of half the monthly amount the employee would have received if retired, payable for 12 months. A change in insurance financing provided that the Transportation Authority pays 80 percent of premium costs for the first 24 months after an employee is hired and the full cost thereafter. Previously, this occurred af ter 30 months of service. Improvements in insurance benefits included a $ 1,000-increase in life insurance for employees and $500 for retirees, bringing the coverages to $7,000 and $3,000; a $ 10,000-increase in the $60,000 assault coverage; and coverage of additional hospital treatment procedures. The Transportation Authority’s financing of dental benefits was increased to 9 cents an hour, from 5 cents. Debarment procedures against Firestone revoked A Department of Labor order barring Firestone Tire & Rubber Co. from doing business with the Federal Government because of alleged employment discrimina tion has been revoked. A judge in the Federal district court in Beaumont, Tex., held that the Department had erroneously relied on an internal memorandum that “is unreasonable, inconsistent with the regulation it inter prets and past agency practice and, thus, entitled to no weight by the court.” The judge ruled that the Depart ment would have to repeat the entire contract debar ment procedure if it still wanted to prevent Firestone from obtaining government business. The controversy started in February 1980 when the Department contended that Firestone had failed to de velop an acceptable equal employment opportunity plan for its Orange, Tex., facility. After unsuccessful negotia tions, the Department issued the debarment order in July 1980. (See Montly Labor Review, September 1980, pp. 60-61.) However, implementation of the order was delayed pending a judicial decision, allowing Firestone to continue to conduct business with the Federal Gov ernment. 57 High court further defines job bias The Supreme Court unanimously held that an em ployer found guilty of job bias does not have the right to force a union to pay part of the damages, even though the discrimination results from provisions of a collective bargaining agreement. The proceedings that led to this decision began in 1970, when Northwest Air lines lost a suit in which it was charged with paying fe male stewards less than their male counterparts for more than 20 years. In its defense, Northwest said the pay difference resulted from provisions of its contracts with the Transport Workers union (which represented flight attendants for part of the period) and with the Air Line Pilots Association (which represented them during the balance of the period). In accord with this assertion, the airline then sued the unions, claiming that they, as parties to the contracts, should pay part of the damages. In rejecting Northwest’s position, the Supreme court held that neither the Equal Pay Act of 1963 nor the Civil Rights Act of 1964 specifically provides that a party guilty of job bias can seek to have the cost of claims shared with other responsible parties. The Equal Employment Opportunity Commission, which filed a friend-of-the-court brief, contended that forcing unions to share the burden of damages would reduce the incentive for employers to avoid pay discrim ination and that the present policy of separate liability for employers and unions encourages vigorous collective bargaining and efforts to end discrimination. In another case, the Supreme Court ruled that em ployers charged with discrimination do not have to prove that a person hired or promoted was better quali fied than the person passed over. Instead, the employer need only provide adequate evidence that race or sex was not a factor in the decision. The case originated when Joyce Burdine, an employee of the Public Service Commission, Texas Department of Community Service, in Austin, charged her employer with sex discrimination. Burdine had been a field ser vices coordinator and had assumed additional duties when the commission’s director resigned. Concerned about the commission’s alleged inefficiencies, the U.S. Department of Labor threatened to cut off funding un less certain conditions were met. Among these condi tions were the appointment of a permanent project director and a complete reorganization. Subsequently, a male employee from another division of the agency was selected to head the commission and, in the reorganiza 58 FRASER Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis tion process, Burdine and two other employees were fired, while another male employee was retained. The U.S. District Court for the Western District of Texas found no evidence of sex discrimination. Howev er, the Court of Appeals for the Fifth Circuit reversed the District Court’s decision, saying that, although Burdine was not discriminated against when she was not selected as project director, the decision to termi nate her employment was discriminatory. A crucial issue in the case was the degree of proof re quired of employers in responding to charges initiated under the Civil Rights Act of 1964. A Texas Depart ment of Community Affairs official testified that Burdine was fired because she did not work well with fellow employees. The unanimous opinion of the Supreme Court, writ ten by Justice Lewis F. Powell Jr., said that although Federal law prohibits discrimination, it does not de mand that an employer give preferential treatment to minorities or women; that an employer does not have to prove that its action is lawful, rather the employer need only produce evidence which would allow a judge to conclude that the decision had not been motivated by discriminatory animus. Bargaining rights of State employees reaffirmed The California Supreme Court has upheld a 1977 law that gave collective bargaining rights to 130,000 State employees whose unions previously had only the right to “meet and confer” with their agencies on salaries and other issues. Implementation of the State Employer-Em ployee Relations Act had been blocked by the Pacific Legal Foundation, which contended that the Act violat ed civil service provisions of the State constitution, a position that had been upheld by an appellate court. In reversing the lower court finding, the State Su preme Court said the Act extended logically from earli er acts that established collective bargaining procedures for teachers and other employees of State-supported schools. Prior to the 1977 law, the governor and the legisla ture decided on overall lump-sum amounts for salary increases, which were then allocated among the various job classifications by a personnel board, after discus sions with the unions involved. Although the 1977 law permits collective bargaining, any resulting salary increases are still contingent on ap propriation of the required funds by the legislature. The law forbids strikes by covered employees. □ Getting America recharged The Zero-Sum Society. By Lester Thurow. New York, Basic Books, 1980. 230 pp. $12.95. What ails America? Why can’t we recognize, analyze, and solve our urgent economic problems? Are the ob stacles inadequate knowledge or an insufficient will? Lester Thurow believes that the U.S. economy has gotten flabby. If we cannot quickly spur investment to get back on a fast growth track, the United States is condemned to fall further behind fast growing Europe an nations and the OPEC oil inheritors. The “heart of the problem [is] deciding whose income should fall to make room for more investment’’ (p. 10). Thurow advo cates a reindustrialization fund to channel investment into “sunrise” industries, deregulated energy prices, and the formation of conglomerates. Corporate taxes should be abolished and all taxes indexed for inflation. America’s problems have multiple roots but a single solution. We shifted focus “from international cold war problems to domestic problems” without first adapting our political system “to impose large economic losses explicitly” (p. 9). Domestic problems are contentious because solutions produce American gainers and Ameri can losers. Our political system has become more sensi tive to all kinds of minority interests. Minority interests have learned that “to be able to delay a program is of ten to be able to kill it” (p. 13). The fine art of delay continues the economic status quo, because “destruc tive” economic progress undermines the economic secu rity of some individuals and groups. The result is political and economic paralysis. How did we lose the ability to get things done? Con servatives argue that high taxes and excessive regulation stifle personal initiative. Simply “returning to the vir tues of hard work and free enterprise” will restore rapid economic growth. But government’s share of the gross national product (gnp ) and the extent of regulation do not universally produce economic stagnation; what hap pened in Britain did not happen in Germany. The con servative push for simple solutions to complex problems obscures the fact that there are few universal truths in political economy. Renewing economic growth will require changes. Ev ery change divides the population into gainers, losers, and those unaffected. Thurow believes that zero-sum changes are required to get America moving; in the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis short run, economic gains will be offset by economic losses, even though most people will benefit in the long run. Until we recognize that the “heart of the problem [is] a consensus on whose income ought to go down . . . we are paralyzed” (p. 24). Energy provides a classic illustration of “our funda mental dilemma. “The basic current problem . . . is not scarcity but a cartel that controls the marginal source [and price] of energy” (p. 36). To immediately adopt a free market solution by deregulating prices is to transfer $150 billion from oil consumers to producers, most of it ($120 billion) to the domestic producers who supply 80 percent of our oil. The gains accrue largely to the richest 10 percent of the population owning 90 percent of all corporate stock; the losses are felt most by the poorest 10 percent spending one-third of their pretax in come on energy. Free-market deregulation lost out to regulation which forced domestic oil producers to subsi dize imports. The result? Subsidized oil did not encour age Americans to save energy but subsidies made oil importing as profitable as production, discouraging the search for new oil and energy substitutes. The search for substitutes is complicated by the fact that the true cost of pumping a barrel of Saudi Arabian oil is 40 cents, making private investors wary of expensive in vestments in oil substitutes which can easily be under cut by OPEC. The free market will not automatically produce energy independence but will redistribute in come within America, ensuring political paralysis. Energy paralysis compounds to inflation conundrum. Thurow traces our current inflation back to the excess demand resulting from President Johnson’s failure to seek tax increases in 1965-67 to pay for the Vietnam war. Johnson’s error was exacerbated by President Nix on’s bad judgment (slapping on wage-price controls when restraint policies were slowly working) and bad luck (food price inflation and OPEC’s tripling of oil prices). From 1973 to 1978, prices rose 46.3 percent. Is this deeply rooted inflation the source of our eco nomic malaise? Thurow thinks not. Real per capita dis posable income rose 17 percent in the boom period, 1966-1972, and 16 percent between 1972 and 1978. Thurow traces the malaise in the latter period to money illusion— the rapid rise in money income but the much slower rise in real income. Thurow also observes that inflation can obscure the real source of ever-present in come redistributions, for example, did the relative in59 come of college professors slide because of inflation or because too many Ph.D .’s sought to teach too few stu dents? Thurow finds the distribution of money income virtually unchanged despite inflation. Endemic inflation is rooted in the price and wage ri gidities of modern economies. Prices fall only after mas sive excess capacity appears, that is, depression. Thurow traces wage rigidity to his view that the labor market allocates training slots. The “job queue” ranks appli cants by the cost of job training. This training can be accomplished only on the job, meaning that workers inplace must have seniority protection before they will train newly hired workers who could replace them. Wages are “set in a social process” (p. 58) sensitive to wage differentials and the team nature of work. The re sult is (money) wage rigidity in an inflexible wage struc ture, a rigidity reinforced by the spread of indexed wage and price agreements. Inflation cures are zero-sum games, producing gainers and losers. Tolerating inflation leaves the unprotected further behind. Attacking inflation with restrictive eco nomic policies produces recessions with their unequal impacts. Wage-price controls lock existing wage-price structures in place and require a complex administrative apparatus. Government can attempt to “balance up ward price shocks with downward price shocks” (p. 68), for example, deregulation to offset oil price boosts, but there is producer resistance to massive downward price movements. The Carter Administration’s policy of gradualism— moderately restrictive economics, volun tary wage-price guidelines, and some deregulation — was doomed to fail. Our “fundamental dilemma” is our de mand for an inflation cure with no costs. Rapid economic growth is often hailed as the remedy for a wide range of economic problems. Thurow argues that productivity-—output per man-hour— governs our ability to produce and consume. Reducing inflation slows productivity growth because it results in idle ca pacity. The roots of the productivity dilemma are famil iar— “to increase investment someone’s share of national income must decline” (p. 77). In addition, we must move capital and labor from dying to expanding industries, or practice “disinvestment.” Despite capital ism’s “doctrine of failure,” the efficient minority do not drive the inefficient majority out of business because the inefficient obtain government protection from efficient competitors. Salvation resides in government intervention. Govern ment should duplicate agricultural experiment stationtype research in other sectors, for the need for better “processes” to make existing products (rather than making new ones) is one route to higher productivity that private firms cannot follow for competitive market ing reasons. “Accelerating disinvestment” by using a “national investment committee” to direct funds into 60 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “sunrise industries” will produce a better mix of high productivity firms and industries. Finally, abolition of the corporate income tax and simply taxing all income at progressive rates will increase investment while pro moting equity. The problem with these three solutions is straightforward. “Someone’s income will have to go down and these losses are going to be substantial. For those that lose, the existence of even larger social gains are irrelevant” (p. 102). Environmental and regulatory problems are “special interest” distributional issues. Thurow argues that zero economic growth is demanded by the upper middle class in a Maslow-type preference ordering. The distri bution issue is central because collective action is neces sary to achieve largely unmeasurable benefits. Thurow believes that markets, however imperfect, are the best devices to collect effluent taxes from polluters and price nonrenewable natural resources. Zero economic growth is rejected because “it does not make much sense” (p. 120). Indeed, zero economic growth would change the structure of work and the economy in a way which would leave many poor persons worse off. “Whatever the overt objective, the implicit objective [of regulations] is always to alter the distribution of in come, [thus] no one can say that a regulation is good or bad without a vision of what distribution of income should exist” (p. 123). The United States, still has fewer regulations than most industrialized countries, but our legal-administrative system for enacting and interpreting regulations results in more regulatory conflict. More im portantly, we are still absorbing the late 1960’s-early 1970’s wave of regulations meant to cope with externali ties and income security. Thurow provides eight conven ient “rules of regulation” — for example, all economies are sets of rules, deregulation redistributes income, reg ulations arise from real problems— and concludes that our best policy is to abandon most antitrust efforts and concentrate on taxes and subsidies (p-regulations) which influence the production of goods and services. Government now redistributes 10 percent of the gross national product from one individual to another. Thurow believes that U.S. earnings inequalities tend to increase over time. Since 1960, this trend to inequality was curbed by massive new income transfers (social se curity, welfare, CETA) and the rise of working wives with low-wage husbands, many employed directly or in directly by government. In the 1980’s, an influx of highincome wives and threatened cutbacks in relatively high-wage government jobs may further increase income inequality. One way to reverse this drift toward inequality is to revise the tax system. But “taxation requires explicit eq uity decisions” (p. 167), the type the political system is least capable of making. Thurow believes that real tax reform is stifled by the middle class, fearful that it will M ONTHLY LABOR REVIEW June 1981 • Book Reviews lose more from closing loopholes than can be gained from a general tax cut. These middle-class fears arise from the fact that the rich have “so little taxable in come, as it is officially defined, that it is impossible to promise substantial income tax reductions for the rest of the population by raising the tax rates of the rich” (p. 169). A more equitable system would tax wealth, which Thurow holds to be generated in a “random walk” lottery process which can neither predict nor re peat winners. The redistributive mechanisms of the postwar era— income transfers for the poor, direct and indirect gov ernment jobs for the middle class, and little or no taxa tion for wealthy capitalists— are threatened by 1980’s inflation, antigovernment sentiments, and tax-cut fever to spur investment. Complicating our remedial efforts is the rise of group demands “not for more but parity” (p. 190). Our individualistic economic and political philoso phies are not accustomed to dealing with black, Hispan ic, or female group demands for the same income and employment results enjoyed by white men. Thurow is pessimistic about our ability to resolve these demands for group justice. Remedial efforts are closing economic gaps slowly while resistance to affirmative action mounts. Group competition for income shares is soci ety’s “paradigm zero-sum game” (p. 189). What is to be done? Thurow advocates deregulation to induce offsetting upward (energy) and downward (transportation) price shocks. He envisions a U.S.A., Inc. composed of conglomerates sensitive to the envi ronment and willing to shift resources internally to “sunrise” industries and products. Government would play a series of new roles. A budget surplus would gen erate funds for public investment, guaranteed jobs, and a system to compensate the losers from economic change. To minimize inequality, the tax system must be reformed, transfer payments increased, and taxes cut for the middle class. The Zero-Sum Society is a call for a changed govern ment role in the economy. Thurow wants government to provide individual safety nets and work for a more “equitable” income distribution but reduce its antitrust and regulatory efforts. The book concludes on a pessi mistic note when it argues that our political process cannot make decisions which result in economic losses. This book deserves much of the attention it receives. Our sociopolitical system does appear paralyzed when it confronts today’s economic problems. This paralysis is bad only if we assume that problems will get worse (in stead of solving themselves) and that solutions are at hand. Paralysis is easier to understand if one remembers that the few people trying to work on comprehensive reform are likely to slight at least some important areas while the mass of special interest groups willingly aban dons the forest for specific trees. Like other comprehen https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis sive reformers, Thurow is somewhat uneven, often rely ing on very casual empiricism to justify a proposal. His proposals may still be valid but the “losers” can be expected to demand more convincing arguments. Lester Thurow is one of today’s most provocative economists. The Zero-Sum Society is a well written at tempt to sketch our economic problems and solutions. It is well worth reading. — P hilip M artin Associate Professor University of California, Davis The baby boom generation: assessing its impact Great Expectations: America and the Baby Boom Genera tion. By Landon Y. Jones. New York, Coward, McCann and Geoghegan, 1980. 380 pp. $15.95. Demography has become a popular subject of late, along with articles forecasting (1) empty beds (and full ones) in maternity wards (2) job openings (and layoffs) for teachers, and (3) bankruptcy (and glut) in the Social Security Trust Fund. The American public has become acutely aware that a change in the number of births has substantial impact for many years after the fact. One indication of the recent interest in demographic information is reflected in the new periodical, “Ameri can Demographics.” “Born” in January 1979, the young magazine now has circulation of about 7,000, primarily corporate managers, market research special ists, and government planners. It takes its place along with the several academic journals in the field. Also, ar ticles on demographic subject now are published regu larly in general periodicals and newspapers. It is against this backdrop that this book by Landon Y. Jones appears. Written in a snappy style, with atten tion paid both to detail and to the larger picture, the book is at one level a popular history of the United States during 1950-80. In that context, the book can be seen as a nostalgia trip for those who want to recall the music, films, and other developments of the time. And, it is as a social history that the book is at its best; the author has woven together many fascinating strands as it “looks at history through the window of a single gen eration as it ages.” What is weaker is the central proposition of the book: “No single generation has had more impact on us than the baby boom, and no single person has been un touched. The baby boom is, and will continue to be, the decisive generation of our history.” The author seems to know the weakness of his case; the introduction contains four warnings which effective ly dilute his argument at least in its most extreme form. He is aware that: the baby boom is not monolithic; the 61 baby boom is not the sole cause of all recent change; demography is not necessarily destiny; and the baby boom is not the only generation to register social change today. Yet, after administering these “warn ings,” he largely ignores them in order to tell a dram at ic story. The story he tells is, indeed, dramatic. It is also comprehensive, covering the rise of the suburbs, trends in child rearing, the educational establishment, the im pact of the Vietnam war, the drug culture, and the de cline in SAT scores. Unquestionably these developments occurred— what is questionable is how much different they would have been without the baby boom. That question is not easily answered, but Jones has provided his view with conviction and a capacity to entertain. — D eborah P isetzer K lein Office of Current Employment Analysis Bureau of Labor Statistics Economic growth and development Abramovitz, Moses, “Welfare Quandaries and Productivity Concerns,” T h e A m e r ic a n E c o n o m ic R e v ie w , March 1981, pp. 1-17. Devarajan, Shantayanan and Anthony C. Fisher, “Hotelling’s ‘Economics of Resources,’: Fifty Years Later,” J o u r n a l o f E c o n o m ic L ite r a tu r e , March 1981, pp. 65-73. Gold, Bela, “Changing Perspectives on Size, Scale, and Re turns: An Interpretive Survey,” J o u r n a l o f E c o n o m ic L i t e r a tu r e , March 1981, pp. 5-33. Howrey, E. Philip and others, “The U.S. Economic Outlook for 1981,” E c o n o m ic O u tlo o k U S A , Winter 1981, pp. 3-9. Meltzer, Allan H., “Keynes’s General Theory: A Different Perspective,” J o u r n a l o f E c o n o m ic L ite r a tu r e , March 1981, pp. 34-64. Plaut, Thomas R. and Mildred C. Anderson, T h e G r o ss R e g io n a l P r o d u c t o f T e x a s a n d I t s R e g io n s . Austin, The Uni versity of Texas, Bureau of Business Research, 1981, 54 pp., bibliography. $6. Industrial relations Angell, George W., ed. F a c u lty a n d T e a c h e r B a r g a in in g : T h e Lexington, Mass., D.C. Heath and Co., Lexington Books, 1981, 114 pp. $15.95. I m p a c t o f U n io n s o n E d u c a tio n . P u b lic a tio n s re c e iv e d Agriculture and natural resources Adkins, Lynn, “Enough Food for All?” 1981, beginning on p. 94. D u n 's R e v ie w , April Congressional Quarterly, Inc., E n e r g y P o lic y . 2d ed. Washing ton, 1981, 274 pp., bibliography. $8.50. Gray, John A., T h e T r e e s B e h in d th e S h o r e : T h e F o r e s ts a n d Hull, Quebec, Economic Council of Canada, 1981, 114 pp., bibliography. $9.95, Canada; $11.95, other countries. Available from Canadian Government Publishing Center, Supply and Services Canada, Hull, Quebec. F o r e s t I n d u s tr ie s o f N e w f o u n d l a n d a n d L a b r a d o r . Roseblaum, Walter A., E n e r g y , P o litic s a n d P u b lic P o lic y . Washington, Congressional Quarterly Press, 1981, 229 pp. $7.50. Economic and social statistics Arthur, W. B., “The Economics of Risks to Life,” c a n E c o n o m ic R e v ie w , March 1981, pp. 54—64. Foot, David K., Labour M arket A n a ly s is w ith T h e A m e r i C a n a d ia n Toronto, Ontario, Canada, University of Toronto, Center for Industrial Re lations and Labor Market Information and Analysis Unit, Ontario Manpower Commission, 1980, 111 pp., bibliography. M a c r o e c o n o m e tr ic M o d e ls : A Freeman, Richard B., e f fic ie n t R e v ie w . A n E m p i r i c a l A n a ly s is o f th e F ix e d C o “M a n p o w e r R e q u i r e m e n t s ” M o d e l, 1 9 6 0 -1 9 7 0 . Cambridge, Mass., National Bureau of Economic Re search, Inc., 1980. Reprinted from T h e J o u r n a l o f H u m a n R e s o u r c e s , Spring 1980, pp. 176-99. (NBER Reprint 107.) $1.50. Hartog, Joop, P e r s o n a l I n c o m e D is tr ib u tio n : A M u lti c a p a b i l i t y T h e o ry . The Hague, The Netherlands, Martinus NijhofF Publishing, 1981, 221 pp. Available from Kluwer Boston, Inc., Hingham, Mass. 62 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Australia, Commonwealth Department of Science and Tech nology, “Employee Communication— Trade Union Atti tudes,” by Brian Gibson and Russel Craig, W o r k a n d P e o p le , Vol. 6, No. 2, 1980, pp. 9-12. Becker, Brian E. and Stephen M. Hills, “Youth Attitudes and Adult Labor Market Activity,” I n d u s tr ia l R e la tio n s , Win ter 1981, pp. 60-70. Bloom, Gordon F. and Herbert R. Northrup, E c o n o m ic s o f L a b o r R e la tio n s . 9th ed. Homewood, 111., Richard D. Ir win, Inc., 1981, 860 pp. $21.95. Chaison, Gary N., “Union Growth and Union Mergers,” d u s t r i a l R e la tio n s , Winter 1981, pp. 98-108. In Cohen, Kenneth P., “Information and Antitrust: Information Exchanges Relating to Wages and Other Conditions of Employment,” L a b o r L a w J o u r n a l, January 1981, pp. 5560. Dannin, Ellen Jean, “Union Mergers and Affiliations: Discontinuing the Continuity of Representation Test,” L a b o r L a w J o u r n a l, March 1981, pp. 170-79. Gruender, Daniel F. and Philip M. Prince,” Union Authoriza tion Cards: Why Not Laboratory Conditions?” L a b o r L a w J o u r n a l, January 1981, pp. 13-22. Kolb, Deborah M., “Roles Mediators Play: State and Federal Practice,” I n d u s t r i a l R e la tio n s , Winter 1981, pp. 1-17. Lawler, John, “Wage Spillover: The Impact of Landrum-Griffin,” I n d u s t r i a l R e la tio n s , Winter 1981, pp. 85-97. Lazar, Joseph, D u e P r o c e s s in D is c ip lin a r y H e a r in g s : D e c is io n s Los Angeles, University of California, Institute of Industrial Relations, 1980, 459 pp. (Industrial Relations Monograph Series, 25.) o f th e N a t i o n a l R a i l r o a d A d j u s t m e n t B o a r d . Lowe, Graham S., B ank U n io n iz a tio n in C a n a d a : A P r e lim i Toronto, Ontario, Canada, University of Toronto, Center for Industrial Relations, 1980, 124 pp. n a r y A n a ly s is . M ONTHLY LABOR REVIEW June 1981 • Book Reviews “Liability Through Agency— The Needless Lawsuit?” L a w J o u r n a l, March 1981, pp. 180-84. L abor International economics de Vries, Rimmer, “Urgent Tasks on the International Scene,” C h a lle n g e , March-April 1981, pp. 42-49. “Judicial Decisions in the Field of Labour Law,” I n te r n a tio n a l L a b o u r R e v ie w , January-February 1981, pp. 49-66. Nordhaus, William D., “Oil and Economic Performance in In dustrial Countries,” B r o o k in g s P a p e r s o n E c o n o m ic A c ti v i ty , 2, 1980, pp. 341-99. Perlman, Mark, “Population and Economic Change in Devel oping Countries: A Review Article,” J o u r n a l o f E c o n o m ic L ite r a tu r e , March 1981, pp. 74-82. Rostow, W. W., “Working Agenda for a Disheveled World Economy,” C h a lle n g e , March-April 1981, pp. 5-16. Brunner, Nancy R., “Blue-Collar Women,” April 1981, pp. 279-82. P e r s o n n e l J o u r n a l, Davis, Philip A., “Building a Workable Participative Manage ment System,” M a n a g e m e n t R e v ie w , March 1981, begin ning on p. 26. Ellis, Darryl J. and Peter P. Pekar, Jr., P la n n in g fo r New York, a m a c o m , A division of American Management Associa tions, 1980, 152 pp., bibliography. $12.95. N o n p la n n e r s : P la n n in g B a s ic s f o r M a n a g e r s . Leach, John J., “The Career Planning Process,” J o u r n a l, April 1981, pp. 283-87. P erso n n el Loveridge, Ray, “What is Participation? A Review of the Lit erature and Some Methodological Problems,” B r itis h J o u r n a l o f I n d u s t r i a l R e la tio n s , November 1980, pp. 297317. Schregle, Johannes, “Comparative Industrial Relations: Pitfalls and Potential,” I n t e r n a tio n a l L a b o u r R e v ie w , Janu ary-February 1981, pp. 15-30. Lyons, Morgan, “The Older Employee as a Resource: Issues for Personnel,” P e r s o n n e l J o u r n a l, March 1981, beginning on p. 178. Labor force McAfee, R. Bruce, “Performance Appraisal: Whose Func tion?” P e r s o n n e l J o u r n a l, April 1981, pp. 298-99. Acton, Norman, “Employment of Disabled Persons: Where Are We Going?” I n t e r n a tio n a l L a b o u r R e v ie w , JanuaryFebruary 1981, pp. 1-14. Malinowski, Frank A., “Job Selection Using Task Analysis,” P e r s o n n e l J o u r n a l, April 1981, pp. 288-91. Betcherman, Gordon, S k i l l s a n d S h o r ta g e s : A S u m m a r y G u id e Hull, Quebec, Economic Council of Canada, 1980, 19 pp. $2, Canada; $2.40, other countries. Available from Canadian Government Publishing Center, Supply and Services Can ada, Hull, Quebec. to th e F in d in g s o f th e H u m a n R e so u rce s S u rvey. Bjorklund, Anders and Bertil Holmlund, “The Duration of Unemployment and Unexpected Inflation: An Empirical Analysis,” T h e A m e r ic a n E c o n o m ic R e v ie w , March 1981, pp. 121-31. Brown, Charles, E q u a liz in g D if fe r e n c e s in th e L a b o r M a r k e t. Cambridge, Mass., National Bureau of Economic Re search, Inc., 1980. Reprinted from T h e Q u a r te r ly J o u r n a l o f E c o n o m ic s , February 1980, pp. 113-34. ( n b e r Reprint 103. ) $1.50. Freeman, Richard B., M a r k e t: U n io n ism , T he E x it-V o ic e Job T en u re, T r a d e o f f in th e L a b o r Q u its, a n d S e p a r a tio n s . Cambridge, Mass., National Bureau of Economic Re search, Inc., 1980. Reprinted from T h e Q u a r te r ly J o u r n a l o f E c o n o m ic s , June 1980, pp. 643-73. ( n b e r Reprint 104. ) $1.50. Levy, Frank, “Changes in Employment Prospects for Black Males,” B r o o k in g s P a p e r s o n E c o n o m ic A c tiv ity , 2, 1980, pp. 513-38. Meltz, Noah M., A n A n a ly s is o f L a b o u r M a r k e t P r o b le m s in C a n a d a a n d O n ta r io . Toronto, Ontario, Canada, Univer sity of Toronto, Center for Industrial Relations, 1979, 49 pp. Management and Organization theory Medoff, James L. and Katharine G. Abraham, T h e R o le o f S e n io r ity a t U .S . W o r k P la c e s : A R e p o r t on S o m e N e w E v id e n c e . Cambridge, Mass., National Bureau of Economic Research, Inc., 1981, 17 pp. ( n b e r Working Paper Series, 618.) $1.50. Myers, M. Scott, E v e r y E m p lo y e e a M a n a g e r . 2d ed. New York, McGraw-Hill Book Co., 1981, 285 pp. $16.50. Monetary and fiscal policy Brainard, William C., John B. Shoven, Laurence Weiss, “The Financial Valuation of the Return to Capital,” B r o o k in g s P a p e r s o n E c o n o m ic A c ti v i t y 2 , 1980, pp. 453-511. Hale, George E. and Marian Lief Palley, T h e P o litic s o f F e d e r a l G r a n ts . Washington Congressional Quarterly Press, 1981, 178 pp., bibliography. $7.50, paper. “How to Avoid an Economic Dunkirk,” by David A. Stockman; “Problems Yes, Crisis No,” by Charles L. Schultze, C h a lle n g e , March-April 1981, pp. 17-23. Penner, Rudolph G., “Cutting the Budget: The Painful Choices,” C h a lle n g e , March-April 1981, pp. 24-30. Rivlin, Alice M., “Congress and the Budget Process, le n g e , March-April 1981, pp. 31-37. Rose, Sanford, “Banks Should Look to the Futures,” Apr. 20, 1981, beginning on p. 185. C h a l F o r tu n e , Rosen, Gerald R., “Can the White House Curb ‘Off-Budget’ Financing?” D u n 's R e v ie w , April 1981, beginning on p. 46. B u s in e s s Santomero, Anthony M. and Jeremy J. Siegel, “Bank Regula tion and Macro-Economic Stability,” T h e A m e r ic a n E c o n o m ic R e v ie w , March 1981, pp. 39-53. Arnold, John D., “The Why, When, and How of Changing Organizational Structures,” M a n a g e m e n t R e v ie w , March 1981, pp. 17-20. Wojnilower, Albert M., “The Central Role of Credit Crunches in Recent Financial History,” B r o o k in g s P a p e r s on E c o n o m ic A c tiv ity , 2 , 1980, pp. 277-339. “An Aging Work Force Strains Japan’s Traditions,” W e e k , Apr. 20, 1981, beginning on p. 72. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 63 Prices and living conditions tendent of Documents, Washington 20402. Blinder, Alan S., “The Consumer Price Index and the Mea surement of Recent Inflation,” B r o o k in g s P a p e r s o n E c o n o m ic A c tiv ity , 2, 1980, pp. 539-73. Reid, Frank, “Control and Decontrol of Wages in the United States: An Empirical Analysis,” T h e A m e r ic a n E c o n o m ic R e v ie w , March 1981, pp. 108-20. Humphrey, Thomas M., E s s a y s o n I n f la tio n . 2d ed. Richmond, Va., Federal Reserve Bank of Richmond, 1980, 206 pp. U.S. Bureau of Labor Statistics, C o lle c tiv e B a r g a in in g in th e R a i l r o a d I n d u s tr y . Prepared by Marcy Jacobs. Washing ton, 1981, 15 pp. (Report 632.) Okun, Arthur M., P r ic e s a n d Q u a n titie s : A M a c r o e c o n o m ic A n a ly s is . Washington, The Brookings Institution, 1981, 367 pp. $19.95, cloth; $7.95, paper. --------- M u n ic ip a l Productivity and technological change U.S. Bureau of Labor Statistics, Kansas City, Mo., U.S. Bureau of Labor Statistics, Mountain-Plains Regions VII and VIII, 1981, 64 pp. (Report 26.) --------- W a g e Harvey, R. A. and Shirley E. Morris, P a th w a y s to P r o d u c tiv ity I m p r o v e m e n t. Reprinted from O m e g a , The International Journal of Management and Science, Vol. 9, No. 2, 1981, pp. 143-53. G o v e r n m e n t W a g e S u r v e y : S t. L o u is , M is s o u ri, S e p t e m b e r 1 9 7 9 . C h r o n o lo g y : P a c ific C o a s t S h ip b u ild e r s a n d V a r i 1 9 7 7 - 8 0 . Washington, 1981, 6 pp. (Supple ment to Bulletin 1982.) Stock No. 029-001-02565-3, $1.25, Superintendent of Documents, Washington 20402. o u s U n io n s, --------- W a g e C h r o n o lo g y : R o c k w e l l I n t e r n a tio n a l (E le c tr o n ic s , T e c h n o lo g y , P r o d u c tiv ity , a n d N o r th A m e r ic a n A e r o s p a c e O p e r a tio n s ) a n d th e ¡JA W , O c to L a b o r in th e B itu m in o u s C o a l I n d u s tr y , 1 9 5 0 - 7 9 . Wash ington, 1981, 69 pp. (Bulletin 2072.) Stock No. 029-00102556-4. $4, Superintendent of Documents, Washington 20402. b e r 1 9 7 7 - J u n e 1 9 8 1 . Washington, 1981, 9 pp. (Supple ment to Bulletin 1983.) $1.25, Superintendent of Documents, Washington 20402. Zimbalist, Andrew, ed., C a s e S tu d ie s on th e L a b o r P ro c e ss. New York, Monthly Review Press, 1979, 314 pp., bibli ography. $16.50. --------- W a g e D if fe r e n c e s A m o n g L a r g e C ity G o v e r n m e n ts a n d C o m p a r is o n s w ith In d u s tr y and F e d era l P ay, 1 9 7 8 -7 9 . Washington, 1981, 10 pp. (Report 633.) Welfare programs and social insurance Social institutions and social change “America Enters the Eighties: Some Social Indicators,” T h e A n n a ls of the American Academy of Political and Social Science, January 1981, pp. 1-253. Elsasser, Nan, Kyle MacKenzie, Yvonne Tixier y Vigil, Las Old Westbury, N.Y., The Feminist Press, 1980, 163 pp. $5.95, paper. M u je r e s : C o n v e r s a tio n s f r o m a H is p a n ic C o m m u n ity . Gunderson, Morley and James E. Pesando, M a n d a to r y R e tir e m e n t: E c o n o m ic s and E lim in a tin g H um an R ig h ts . Toronto, Ontario, University of Toronto, Center for In dustrial Relations, 1980, 21 pp. (Working Paper, 7904.) Kumar, Pradeep and Alister M. M. Smith, P e n sio n R e f o r m in Kingston, Ontario, Canada, Queen’s University at Kingston, Indus trial Relations Center, 1981, 49 pp. (Research and Cur rent Issues Series, 40.) $5, paper. C a n a d a : A R e v ie w o f th e I s s u e s a n d O p tio n s. Urban affairs Hendershott, Patric H„ “Real User Costs and the Demand for Single-Family Housing,” B r o o k in g s P a p e r s o n E c o n o m ic A c tiv ity , 2, 1980, pp. 401-52. Muller, Thomas, “Regional — Urban Policy: Should the Gov ernment Intervene?” C h a lle n g e , March-April 1981, pp. 38-41. Wages and compensation American Chemical Society, American Federation of Labor and Congress of Industrial Or ganizations, I n v e s tm e n t o f U n io n P e n sio n F u n d s . Wash ington, 1981, 133 pp. $2, paper. S t a r t i n g S a la r ie s a n d E m p l o y m e n t S t a t u s o f C h e m is tr y a n d C h e m ic a l E n g in e e r in g G r a d u a te s : 1 9 8 0 S u r v e y R e p o r t. Washington, American Chemical So ciety, 1981, 75 pp. $5, Special Issue Sales. Hughes, James J„ “The Reduction in the Working Week: A Critical Look at Target 35,” B r itis h J o u r n a l o f I n d u s t r i a l R e la tio n s , November 1980, pp. 287-96. McGaughey, William, Jr., A S h o r te r W o r k w e e k in th e 1 9 8 0 s. White Bear Lake, Minn., Thistlerose Publications (5161 East County Line Road), 1981, 308 pp. $6.95 plus $1 for postage and handling Rogers, Gayle Thompson, “Aged Widows and o a s d i : Age at and Economic Status Before and After Receipt of Bene fits,” S o c ia l S e c u r ity B u lle tin , March 1981, pp. 3-19. Schiller, Bradley R., “Welfare: Reforming Our Expectations,” T h e P u b lic I n te r e s t, Winter 1981, pp. 55-65. Schobel, Bruce D., “Administrative Expenses Under OASDI,” S o c ia l S e c u r ity B u lle tin , March 1981, pp. 21-28. Swoboda, Frank, “How Food Stamps Became a National Welfare Program,” D u n 's R e v ie w ,- April 1981, beginning on p. 117. Tokyo Metropolitan Government, “Tokyo’s Welfare Measures for the Elderly in an Aging Society and Their Future Di rection,” T o k y o M u n ic ip a l N e w s , December 1980, pp. 13. Worker training and development Nakao, Takeo, “Wages and Market Power in Japan,” B r itis h J o u r n a l o f I n d u s t r i a l R e la tio n s , November 1980, pp. 36568 . Doeringer, Peter B. ed., W o r k p la c e P e r s p e c tiv e s o n E d u c a tio n a n d T r a in in g . Hingham, Mass., Martinus Nijhoff Pub lishing, 1981, 172 pp. National Commission on Unemployment Compensation, U n e m p l o y m e n t C o m p e n s a tio n : F in a l R e p o r t. Arlington, Va., National Commission on Unemployment Compensation, 1980, 264 pp. Stock No. 052-003-00779-7. $7, Superin Ryan, Paul, “The Costs of Job Training for a Transferable skill,” B r itis h J o u r n a l o f I n d u s t r i a l R e la tio n s , November 1980, pp. 334-52. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 64 Current Labor Statistics Notes on Current Labor Statistics ..................................................................................................................................... Schedule of release dates for major BLS statistical series .......................................................................... Employment data from household survey. Definitions and notes 1. 2. 3. 4. 5. 6. 7. ............................................................. Employment status of noninstitutional population, selected years, 1950-80 ................................................................ 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. 18. 19. 20. Employment by industry, 1950-80 Employment by State ................................................................................................................................................................ Employment by industry division and major manufacturing group ................................................................................ Employment by industry division and major manufacturing group, seasonally adjusted ........................................ Labor turnover rates in manufacturing, 1977 to date ......................................................................................................... Labor turnover rates in manufacturing, by major industry group ................................................................................... Hours and earnings, by industry division, 1950-80 Weekly hours, by industry division and major manufacturing g r o u p .............................................................................. 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 ........................................................................ Gross and spendable weekly earnings, in current and 1967 dollars, 1960 to date ..................................................... Unemployment insurance data. Definitions and notes 67 67 68 69 70 71 71 71 72 73 73 74 75 76 76 77 78 79 80 80 81 82 83 83 .......................................................................................................................................... Consumer Price Index, 1967-80 Consumer Price Index, U.S. city average, general summary and selected items ........................................................... 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 ................................................................................... 84 85 85 91 92 93 94 96 96 96 Price data. Definitions and notes Productivity data. Definitions and notes 31. 32. 33. 34. 66 ........................................................................................ ........................................................................................ 21. Unemployment insurance and employment service operations 22. 23. 24. 25. 26. 27. 28. 29. 30. 66 ........................................................................................................................ Annual indexes of productivity, hourly compensation, unit costs, and prices, selectedyears, 1950-80 Annual changes in productivity, hourly compensation, unit costs, and prices, 1970-80 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 . . Labor-management data. Definitions and notes ........................................................................................................ 35. Wage and benefit settlements in major collective bargaining units, 1976 to date ........................................................ 36. Effective wage rate adjustments going into effect in major collective bargaining units, 1976 to date ..................... 37. Work stoppages, 1947 to date ................................................................................................................................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 99 99 100 100 101 102 102 103 103 NOTES ON CURRENT LABOR STATISTICS This section of the R e v ie w presents the principal statistical se ries collected and calculated by the Bureau of Labor Statistics. A brief introduction to each group of tables provides defi nitions, notes on the data, sources, and other material usually found in footnotes. Readers who need additional information are invited to consult the BLS regional offices listed on the inside front cov er of this issue of the R e v ie w . Some general notes applicable to several series are given below. 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 February 1981 issue of the Review to reflect the preceding year’s experience. Beginning in January 1980, the BLS introduced two major modifications in the seasonal adjustment methodology for labor force data. First, the data are being seasonally adjusted with a new proce dure 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 -ll ARIMA Seasonal Adjustment Method by Estela Bee Dagum (Statistics Canada Catalogue No. 12-564E, February 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, 13, 16, and 18 begins with the August 1980 issue using the X -ll ARIMA seasonal adjustment methodology. New seasonal fac tors for productivity data in tables 33 and 34 are usually intro duced in the September issue. Seasonally adjusted indexes and percent changes from month to month and from quarter to quarter are 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. 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. Availability 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 BLS Handbook o f Labor Statistics, Bulletin 2070, provides more detailed data and greater his torical coverage for most of the statistical series presented in the Monthly Labor Review.- More information from the household and es tablishment surveys is provided in Employment and Earnings, a monthly publication of the Bureau, and in two comprehensive data books issued annually — Employment and Earnings, United States and Employment and Earnings, States and Areas. More detailed informa tion on wages and other aspects of collective bargaining appears in the monthly periodical, Current Wage Developments. More detailed price information is published each month in the periodicals, the CPI Detailed Report and Producer Prices and Price Indexes. 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 Title and frequency (monthly except where indicated) Employment situation .................................................................. Producer Price Index .................................................................. Consumer Price Index ................................................................ Real earnings ............................................................................ Labor turnover in manufacturing .................................................. Work stoppages.......................................................................... Productivity and costs: Nonfarm business and manufacturing ...................................... Major collective bargaining settlements ........................................ 66 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Release date Period covered Release date Period covered June 5 June 5 June 23 June 23 June 30 June 30 May May May May May May July 2 July 7 July 23 July 23 July 29 July 29 June June June June June June 1-11 26-30 22-25 14-20 12-13 37 2d quarter 2d quarter 31-34 35-36 July? July? MLR table number EM PLOYM ENT DATA FRO M TH E H O U SEH O LD SURVEY E m p l o y m e n t d a t a in this section are obtained from the Current Population Survey, a program of personal interviews conducted monthly by the Bureau of the Census for the Bureau of Labor Statistics. The sample consists of about 65,000 households beginning in January 1980, selected to represent the U.S. population 16 years of age and older. Households are interviewed on a rotating basis, so that three-fourths of the sample is the same for any 2 consecutive months. 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. 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. Full-time workers are those employed at least 35 hours a week; part-time workers are those who work fewer hours. Workers on parttime 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 Employment and Earnings. Data in tables 2-7 are seasonally adjusted, based on the seasonal experience through December 1980. Employment status of the noninstitutional population, 16 years and over, selected years, 1950-80 [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 59.6 597 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 ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ 131,180 133,319 135,562 137,841 140,182 78,893 80,793 82,272 84,240 85,903 60.1 60.6 60.7 61.1 61.3 75,770 77,347 78,737 80,734 82,715 72,895 74,372 75,920 77,902 78,627 3,979 3,844 3,817 3,606 3,462 68,915 70,527 72,103 74,296 75,165 2,875 2,975 2,817 2,832 4,088 3.8 3.8 3.6 3.5 4.9 52,288 52,527 53,291 53,602 54,280 1971 .................................................... 1972 ............................................................ 1973 ............................................................ 1974 ............................................................ 1975 ............................................................ 142,596 145,775 148,263 150,827 153,449 86,929 88,991 91,040 93,240 94,793 61.0 61.0 61.4 61.8 61 8 84,113 86,542 88,714 91,011 92,613 79,120 81,702 84,409 83,935 84,783 3,387 3,472 3,452 3,492 3,380 75,732 78,230 80,957 82,443 81,403 4,993 4,840 4,304 5,076 7,830 5.9 5.6 4.9 5.6 8.5 55,666 56,785 57,222 57,587 58,655 1976 1977 1978 1979 1980 156,048 158,559 161,058 163,620 166,246 96,917 99,534 102,537 104,996 106,821 62.1 62.8 63.7 64.2 64.3 94,773 97,401 100,420 102,908 104,719 87,485 90,546 94,373 96,945 97,270 3,297 3,244 3.342 3,297 3,310 84,188 87,302 91,031 93,648 93,960 7,288 6,855 6,047 5,963 7,448 7.7 7.0 6.0 5.8 7.1 59,130 59,025 58,521 58,623 59,425 ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 67 MONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Household Data 2. Employment status by sex, age, and race, seasonally adjusted [Numbers in thousands] 1981 1980 Annual average Employment status Jan. Feb. Mar. Apr. 1979 1980 Apr. May June July Aug. Sept. Oct. Nov. Dec. 163,620 104,996 161,532 102,908 96,945 3,297 93,648 5,963 5.8 58,623 166,246 106,821 164,143 104,719 97,270 3,310 93,960 7,448 7.1 59,425 165,693 106,519 163,601 104,427 97,225 3,262 93,963 7,202 6.9 59,174 165,886 107,148 163,799 105,060 97,116 3,352 93,764 7,944 7.6 58,739 166,105 106,683 164,013 104,591 96,780 3,232 93,548 7,811 7.5 59,422 166,391 107,119 164,293 105,020 96,999 3,267 93,732 8,021 7.6 59,273 166,578 107,059 164,464 104,945 97,003 3,210 93,793 7,942 7.6 59,519 166,789 107,101 164,667 104,980 97,180 3,399 93,781 7,800 7.4 59,687 167,005 107,288 164,884 105,167 97,206 3,319 93,887 7,961 7.6 59,717 167,201 107,404 165,082 105,285 97,339 3,340 93,999 7,946 7.5 59,797 167,396 107,191 165,272 105,067 97,282 3,394 93,888 7,785 7.4 60,205 167,585 107,668 165,460 105,543 97,696 3,403 94,294 7,847 7.4 59,917 167,747 107,802 165,627 105,681 97,927 3,281 94,646 7,754 7.3 59,946 167,902 108,305 165,774 106,177 98,412 3,276 95,136 7,764 7.3 59,598 168,071 108,851 165,941 106,722 98,976 3,463 95,513 7,746 7.3 59,219 68,293 54,486 52,264 2,350 49,913 2,223 4.1 13,807 69,607 55,234 51,972 2,355 49,617 3,261 5.9 14,373 69,329 55,127 51,935 2,334 49,601 3,192 5.8 14,202 69,428 55,440 51,871 2,337 49,494 3,569 6.4 13,988 69,532 55,182 51,624 2,301 49,323 3,558 6.4 14,350 69,664 55,344 51,714 2,306 49,408 3,630 6.6 14,320 69,756 55,403 51,791 2,301 49,490 3,612 6.5 14,353 69,864 55,475 51,823 2,389 49,434 3,652 6.6 14,389 69,987 55,495 51,963 2,351 49,612 3,532 6.4 14,492 70,095 55.539 52,007 2,372 49,635 3,532 6.4 14,556 70,198 55,470 52,045 2,331 49,714 3,425 6.2 14,728 70,320 55,443 52,091 2,378 49,713 3,352 6.0 14,877 70,413 55,445 52,134 2,289 49,844 3,312 6.0 14,968 70,481 55,816 52,511 2,296 50,215 3,305 5.9 14,665 70,574 56,013 52,750 2,409 50,342 3,262 5.8 14,561 76,860 38,910 36,698 591 36,107 2,213 5.7 37,949 78,295 40,243 37,696 575 37,120 2,547 6.3 38,052 77,981 40,098 37,597 560 37,037 2,501 6.2 37,883 78,090 40,193 37,600 598 37,002 2,593 6.5 37,897 78,211 40,182 37,613 550 37,063 2,569 6.4 38,029 78,360 40,383 37,728 564 37,164 2,655 6.6 37,977 78,473 40,523 37,890 555 37,335 2,633 6.5 37,950 78,598 40,317 37,804 592 37,212 2,513 6.2 38,281 78,723 40,486 37,754 576 37,178 2,732 6.7 38,237 78,842 40,629 37,909 574 37,335 2,720 6.7 38,213 78,959 40,570 37,820 665 37,155 2,750 6.8 38,389 79,071 40,942 38,191 621 37,570 2,750 6.7 38,129 79,175 41,090 38,410 615 37,794 2,680 6.5 38,085 79,271 41,293 38,567 606 37,961 2,725 6.6 37,978 79,377 41,481 38,760 603 38,157 2,721 6.6 37,896 16,379 9,512 7,984 356 7,628 1,528 16.1 6,867 16,242 9,242 7,603 380 7,223 1,640 17.7 7,000 16,291 9,202 7,693 368 7,325 1,509 16.4 7,089 16,281 9,427 7,645 377 7,268 1,782 18.9 6,854 16,271 9,227 7,543 381 7,162 1,684 18.3 7,044 16,268 9,293 7,557 397 7,160 1,736 18.7 6,975 16,235 9,019 7,322 354 6,968 1,697 18.8 7,216 16,205 9,188 7,553 418 7,135 1,635 17.8 7,017 16,174 9,186 7,489 392 7,097 1,697 18.5 6,988 16,145 9,117 7,423 394 7,029 1,694 18.6 7,028 16,114 9,027 7,417 398 7,019 1,610 17.8 7,087 16,069 9,158 7,414 404 7,010 1,744 19.0 6,911 16,039 9,146 7,384 376 7,008 1,762 19.3 6,893 16,022 9,068 7,334 374 6,960 1,734 19.1 6,954 15,991 9,228 7,465 451 7,014 1,763 19.1 6,763 141,614 90,602 86,025 4,577 5.1 51,011 143,657 92,171 86,380 5,790 6.3 51,486 143,254 92,044 86,389 5,655 6.1 51,210 143,403 92,501 86,251 6,250 6.8 50,902 143,565 92,134 86,007 6,127 6.7 51,431 143,770 143,900 92,335 92,288 86,075 86,067 6,260 6,221 6.8 6.7 51,435 51,612 144,051 92,317 86,307 6,010 6.5 51,734 144,211 92,516 86,371 6,145 6.6 51,695 144,359 144,500 92,562 92,383 86,409 86,377 6,153 6,006 6.6 6.5 51,797 52,117 144,651 92,832 86,620 6,213 6.7 51,819 144,774 144,882 93,035 93,313 86,940 87,291 6,095 6,022 6.5 6.6 51,739 51,569 145,006 93,860 87,791 6,069 6.5 51,146 19,918 12,306 10,920 1,386 11.3 7,612 20,486 12,548 10,890 1,658 13.2 7,938 20,346 12,401 10,838 1,563 12.6 7,945 20,395 12,546 10,842 1,704 13.6 7,849 20,448 12,491 10,809 1,682 13.5 7,957 20,564 12,630 10,902 1,728 13.7 7,934 20,617 12,677 10,894 1,783 14.1 7,940 20,673 12,686 10,884 1,802 14.2 7,987 20,771 12,668 10,895 1,773 14.0 8,103 20,809 12,684 11,051 1,634 12.9 8,125 20,892 12,765 11,020 1,745 13.7 8,127 20,936 12,899 11,193 1,706 13.2 8,037 TOTAL Total noninstitutional population1 .......................... Total labor force ...................................... Civilian noninstitutional population1 ...................... Civilian labor force ................................ Employed ...................................... Agriculture .............................. Nonagricultural Industries ........ Unemployed .................................. Unemployment rate ........................ Not in labor force .................................. Men, 20 years and over Civilian noninstitutional population1 ...................... Civilian labor force ...................................... Employed ............................................ Agriculture .................................... Nonagricultural industries ................ Unemployed ........................................ Unemployment rate .............................. Not in labor force ........................................ Women, 20 years and over Civilian noninstitutional population1 ...................... Civilian labor force ...................................... Employed ............................................ Agriculture .................................... Nonagricultural industries ................ Unemployed ........................................ Unemployment rate .............................. Not In labor force ........................................ Both sexes, 16-19 years Civilian noninstitutional population1 ...................... Civilian labor force ...................................... Employed ............................................ Agriculture .................................... Nonagricultural industries ................ Unemployed ........................................ Unemployment rate .............................. Not in labor force ........................................ White Civilian noninstitutional population1 ...................... Civilian labor force ...................................... Employee ............................................ Unemployed ........................................ Unemployment rate .............................. Not In labor force ........................................ Black and other Civilian noninstitutional population1 ...................... Civilian labor force ...................................... Employed ............................................ Unemployed ........................................ Unemployment rate .............................. Not in labor force ........................................ 1As in table 1, population figures are not seasonally adjusted. Digitized for 68 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 20,523 12,661 10,902 1,759 13.9 7,862 20,723 12,706 10,922 1,784 14.0 8,017 20,853 12,598 10,942 1,655 13.1 8,255 NOTE: The monthly data in this table have been revised to reflect seasonal experience through 1980. 3. Selected employment indicators, seasonally adjusted [ Number in thousands] Annual average 1980 1981 Selected categories 1979 1980 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 96,945 56,499 40,446 39,090 22,724 97,270 55,988 41,283 38,302 23,097 97,225 56,054 41,171 38,373 23,094 97,116 55,914 41,202 38,197 23,145 96,780 55,597 41,183 38,220 23,131 96,999 55,678 41,321 38,049 23,118 97,003 55,589 41,414 37,987 23,126 97,180 55,754 41,426 38,027 23,027 97,206 55,881 41,325 38,142 22,993 97,339 55,897 41,442 38,167 23,065 97,282 55,920 41,362 38,231 23,063 97,696 56,012 41,684 38,182 23,352 97,927 56,045 41,882 38,113 23,356 98,412 56,383 42,029 38,365 23,513 98,976 56,688 42,288 38,510 23,529 49,342 15,050 50,809 15,613 50,465 15,528 50,627 15,540 50,836 15,682 51,023 15,717 51,307 15,751 51,074 15,540 51,101 15,780 51,148 15,863 51,065 15,810 51,594 15,965 51,698 15,813 51,746 15,827 51,801 15,754 10,516 6,163 17,613 32,066 12,880 10,909 3,612 4,665 12,834 2,703 10,919 6,172 18,105 30,800 12,529 10,346 3,468 4,456 12,958 2,704 10,773 6,048 18,116 31,120 12,713 10,450 3,495 4,462 13,009 2,682 10,877 6,072 18,138 30,800 12,551 10,379 3,458 4,412 12,947 2,730 10,901 6,046 18,207 30,443 12,357 10,233 3,429 4,424 12,941 2,625 10,999 6,130 18,177 30,276 12,403 10,189 3,354 4,330 13,017 2,694 11,109 6,140 18,307 30,232 12,346 10,147 3,478 4,261 12,928 2,620 11,007 6,316 18,211 30,436 12,490 10,202 3,434 4,310 12,943 2,757 10,979 6,277 18,065 30,521 12,485 10,210 3,443 4,383 12,891 2,735 11,016 6,155 18,114 30,550 12,424 10,247 3,429 4,450 12,888 2,729 11,009 6,175 18,071 30,373 12,337 10,194 3,402 4,440 12,982 2,804 11,363 6,265 18,001 30,338 12,306 10,331 3,322 4,380 12,946 2,737 11,488 6,271 18,125 30,446 12,386 10,390 3,361 4,309 13,070 2,662 11,565 6,220 18,135 30,594 12,605 10,189 3,363 4,437 13,279 2,679 11,444 6,145 18,457 31,156 12,624 10,524 3,411 4,596 13,255 2,834 1,413 1,580 304 1,384 1,628 297 1,377 1,602 287 1,396 1,642 292 1,369 1,606 278 1,360 1,631 295 1,282 1,640 280 1,417 1,688 309 1,363 1,640 325 1,417 1,612 324 1,411 1,655 305 1,465 1,615 284 1,336 1,610 325 1,338 1,615 312 1,524 1,648 290 86,540 15,369 71,171 1,240 69,931 6,652 455 86,706 15,624 71,081 1,166 69,915 6,850 404 86,789 15,635 71,154 1,151 70,003 6,804 363 86,722 15,720 71,002 1,197 69,805 6,698 406 86,370 15,817 70,553 1,204 69,349 6,728 445 86,432 15,718 70,714 1,230 69,484 6,801 426 86,490 15,531 70,959 1,196 69,763 6,881 403 86,395 15,575 70,820 1,125 69,695 6,977 416 86,587 15,597 70,990 1,144 69,846 7,005 417 86,643 15,651 70,992 1,148 69,844 6,943 405 86,513 15,653 70,860 1,110 69,750 6,973 396 87,125 15,738 71,387 1,197 70,190 6,839 422 87,236 15,589 71,647 1,176 70,471 6,923 371 87,870 15,685 72,185 1,235 70,949 6,896 354 88,195 15,628 72,567 1,241 71,327 7,021 306 88,133 72,647 3,281 1,325 1,956 12,205 88,325 72,022 3,965 1,669 2,296 12,338 88,041 71,986 3,803 1,680 2,123 12,252 87,974 71,501 4,276 1,998 2,278 12,197 87,994 71,454 3,969 1,734 2,235 12,571 87,431 70,825 4,086 1,794 2,292 12,520 88,195 71,526 4,143 1,709 2,434 12,526 88,246 71,929 4,183 1,701 2,482 12,134 88,488 72,071 4,220 1,685 2,535 12,197 88,694 72,265 4,176 1,620 2,556 12,253 88,468 72,131 4,218 1,647 2,571 12,119 89,499 72,807 4,474 1,698 2,776 12,218 89,441 72,945 4,145 1,622 2,523 12,351 89,583 72,875 4,227 1,638 2,589 12,481 89,202 72,761 4,044 1,517 2,527 12,397 CHARACTERISTIC Total employed, 16 years and over ...................... Men ............................................................ Women........................................................ Married men, spouse present ........................ Married women, spouse present.................... 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 ...................................................... MAJOR INDUSTRY AND CLASS OF WORKER Agriculture: Wage-and-salary workers.............................. Self-employed workers.................................. Unpaid family workers .................................. Nonagricultural industries: Wage-and-salary workers.............................. Government .......................................... Private industries.................................... Private households .......................... Other industries .............................. Self-employed workers.................................. Unpaid family workers .................................. PERSONS AT WORK 1 Nonagricultural industries .................................... Full-time schedules ...................................... Part time for economic reasons...................... Usually work full time.............................. 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 NOTE: The monthly data in this table have been revised to reflect seasonal experience through 1980. 69 MONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Household Data 4. Selected unemployment indicators, seasonally adjusted [Unemployment rates] 1981 1980 Annual average Selected categories May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 1979 1980 Apr. Total, 16 years and over...................................... Men, 20 years and over................................ Women, 20 years and over .......................... Both sexes, 16-19 years .............................. 5.8 4,1 5,7 16,1 7.1 5.9 6.3 17.7 6.9 5.8 6.2 16.4 7.6 6.4 6.5 18.9 7.5 6.4 6.4 18.3 7.6 6.6 6.6 18.7 7.6 6.5 6.5 18.8 7.4 6.6 6.2 17.8 7.6 6.4 6.7 185 7.5 6.4 6.7 18.6 7.4 6,2 6.8 17.8 7.4 6.0 6.7 19.0 7.3 6.0 6.5 19.3 7.3 5.9 6.6 19.1 7.3 5.8 6.6 19.1 White, total .................................................. Men, 20 years and over ........................ Women, 20 years and o v e r.................... Both sexes, 16-19 years........................ 5,1 3.6 5.0 13.9 6.3 5,2 5,6 14.8 6.1 5.2 5.5 14.8 6.8 5.8 5.7 17.1 6.7 5,7 5.7 16.1 6.8 5.8 5.8 16.5 6.7 5.8 5.8 16.6 6.5 5.8 5.5 15.1 6.6 5.7 5.8 16.0 6.6 5,7 5.8 16.4 6.5 5.5 5.9 15.4 6.7 5.5 6.0 16.8 6.6 5.4 5.7 17.4 6.5 5.4 5.6 169 6.5 5.2 5.7 17.2 Black and other, total.................................... Men, 20 years and over ........................ Women, 20 years and o v e r.................... Both sexes, 16-19 years........................ 11.3 8.4 10.1 33.5 13.2 11.4 11.1 35.8 12.6 10.8 11.1 31,8 13.6 11.7 11.6 35.3 13.5 12,2 10.9 34.8 13.9 12.5 11.3 35.9 13.7 12.5 109 376 14.1 13.2 10.6 37.8 14.2 12.1 12.3 37.4 14.0 12.0 12.2 36.6 14.0 11.6 12.3 37.5 12.9 10.5 11.0 36.5 13.1 10.8 11.9 35.4 13.7 10.8 12.6 37.3 13.2 10.6 11.8 36.1 Married men, spouse present........................ Married women, spouse present.................... Women who head families............................ Full-time workers.......................................... Part-time workers ........................................ Unemployed 15 weeks and over.................... Labor force time lost1 .................................. 2.7 5.1 8.3 5.3 8.7 1.2 6.3 4.2 5.8 9.1 6.8 8.7 1.7 7,9 4.0 5.7 9.0 6.5 8.8 1.5 7.6 4.6 6.1 8,3 7.3 9.0 1.6 8.6 4.6 6.0 8.5 7.2 8.8 1.7 8.1 4.9 6.1 8.8 7.4 8.8 1.8 8.4 4.8 6.0 9.0 7.3 8.7 2.0 8.3 4.7 5.7 9.0 7.3 8.7 2,2 8.2 4.6 6.0 10.2 7.3 9.1 2.2 8.4 4.4 5.9 9.9 7.4 8.6 2.2 8.3 4.3 5.8 10.4 7.3 8.2 2.3 8.2 4.2 6.2 10.5 7.1 9.2 2.2 8.2 4.1 5.8 9.6 7.1 9.1 2.1 8.1 4.1 6.0 9.4 7.1 9,0 2.1 8.1 3.8 5.9 9.8 6.9 9.0 2.0 8.2 3.3 2.4 3.7 2.5 3.7 2.4 3.8 2.6 3.7 2.5 3.7 2,4 3.7 2.4 3.8 2.5 3.9 2.6 3.9 2.5 4.0 2.6 3.9 2.8 3.7 2.6 3.9 2.7 4.0 3.2 1.9 3.9 4.6 6.9 4.5 8.4 5.4 10.8 7,1 3.8 2.4 4.4 5.3 10.0 6.6 12.2 8.8 14.6 7.9 4.4 2.6 4.5 5.1 9,6 6.5 11.6 8.4 14.1 7.8 4.8 2.6 4.4 5.3 10.9 7.5 13.7 8.7 14.9 8.2 4.7 2,5 4.4 5.2 11.1 7.5 13.4 100 15.7 8.1 4.5 2.6 4.2 5.4 11.3 7.2 14.4 10.0 15.8 8.3 4.6 2.5 4.2 5.4 11.1 7.6 13.3 9.8 16.1 8.5 5.5 2.4 4,3 5.4 10.8 7.4 13.0 10.4 15.2 8.1 4.3 2.5 4.6 5.6 10.8 7.1 13.2 10.6 15.3 8.3 4.4 2.4 4.8 5.6 10.7 7.1 13.0 10.6 15.0 8.3 4.0 2.5 4.7 5.8 10.5 7.1 12.9 8.8 14,8 7.8 4.0 2.4 4.4 5.7 10.2 6.8 12.1 9.1 15.0 8.0 5.0 2.4 4.0 5.3 10,1 7.2 11.9 8.3 14.9 8.7 4.7 2.6 3.8 5.9 9.8 7.1 11.3 9.3 14.1 8.1 5.1 2.4 4.0 5.6 9.6 6.8 11.5 8.1 13.8 8.5 3.7 5.7 10.2 5.5 5.0 6.4 3.7 6.5 4.9 3.7 9.1 7.4 14.2 8.5 8.9 7.9 4,9 7.4 5.3 4.1 10.8 7.0 14.5 7,9 8.3 7.3 4.7 7.0 5.1 4.3 11.7 8.0 16.6 9.7 10.4 8.6 5.0 7.5 5.6 4.2 11.4 8.0 15.6 9.7 10,9 7,9 5.1 7.7 5.6 3.5 104 8.0 15.8 9.8 10.7 8.5 5.6 7.6 5.6 4.1 10.8 8.0 17.3 9.3 10.1 8.0 5.6 7.7 5.5 4,0 13.2 7.8 15.9 9.2 10.0 7.9 5.3 7.7 5.4 4.1 10.7 7.8 14.6 9.2 9.5 8.9 5.3 7.8 5.6 4.4 11.1 7.8 14.8 8.9 9.0 8.6 4.9 8.2 5.5 4.2 10.1 7.7 13.8 8.8 9.0 8.5 4.9 8.3 5.5 4.1 10.6 7.5 13.3 8.4 8.3 8.5 5.8 7.6 5.8 4.4 11.5 7.5 13.2 8.4 8.5 8.2 5.5 7.6 6.0 4.3 12.1 7.3 14.7 8.0 7.9 8.3 6.4 7.3 5.6 4.6 11.9 7.2 14.4 7.4 7.3 7.6 5.7 7.3 5.9 4.9 9.1 CHARACTERISTIC OCCUPATION White-collar workers .......................................... Professional and technical ............................ Managers and administrators, except farm ........................................................ Salesworkers .............................................. Clerical workers .......................................... Blue-collar 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 trad e............................ Finance and service industries ...................... Government workers .......................................... Agricultural wage-and-salary workers .................. ’ Aggregate hours lost by the unemployed and persons on part time for economic reasons as a percent of potentially available labor force hours. 2 Includes mining, not shown separately. Digitized for70 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NOTE: The monthly data in this table have been revised to reflect seasonal experience through 1980. 5. Unemployment rates, by sex and age, seasonally adjusted 1981 1980 Annual average Sex and age Dec. Mar. Feb. Apr. 1980 Apr. May June July Aug. Sept. Oct. 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.................................. 5.8 16.1 18.1 14.6 9.0 3.9 4.1 3.0 7.1 17.7 20.0 16.1 11.5 5.0 5.4 3.3 6.9 16.4 19.0 14.5 11.3 5.0 5.3 3.3 7.6 18.9 21.2 17.4 12.5 5.3 5.6 3.4 7.5 18.3 20.0 17.6 12.1 5.4 5.8 3.3 7.6 18.7 20.5 17.4 12.1 5.5 5.9 3.4 7.6 18.8 22.1 16.5 12.0 5.4 5.9 3.4 7.4 17.8 20.1 16.0 12.0 5.4 5.9 3.4 7.6 18.5 20.9 16.7 12.3 5.4 5.9 3.4 7.5 18.6 21.4 16.5 12.1 5.4 5.9 3.3 7.4 17.8 19.9 16.4 11.7 5.3 5.8 3.5 7.4 19.0 21.0 17.5 11.9 5.3 5.7 3.5 7.3 19.3 21.4 17.9 11.8 5.1 5.5 3.6 7.3 19.1 21.3 17.7 11.7 5.2 5.5 3.7 7.3 19.1 22.0 17.2 12.1 5.0 5.4 3.3 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 .......................... 5.1 15.8 17.9 14.2 8.6 3.3 3.4 2.9 6.9 18.2 20.4 16.7 12.5 4.7 5.1 3.3 6.7 16.3 18.8 14.4 12.3 4.7 4.9 3.3 7.5 19.4 21.5 17.6 13.5 5.1 5.4 3.4 7.5 19.1 21.5 18.8 13.4 5.2 5.6 3.6 7.6 19.5 20.9 18.4 13.2 5.4 5.8 3.6 7.6 19.9 23.7 17.1 13.6 5.3 5.7 3.6 7.6 18.9 21.2 16.9 13.5 5.4 6.0 3.5 7.4 19.8 21.8 18.1 13.8 5.1 5.6 3.3 7.4 19.8 22.3 17.8 13.2 5.1 5.6 3.3 7.2 19.0 20.5 17.8 12.5 4.9 5.4 3.3 7.2 20.3 23.0 18.5 12.8 4.9 5.2 3.4 7.1 20.1 22.1 18.7 12.7 4.8 5.2 3.4 7.0 19.5 21.1 18.6 13.0 4.7 5.1 3.2 6.9 19.3 22.7 17.0 13.2 4.6 4.9 3.1 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 .......................... 6.8 16.4 18.3 15.0 9.6 4.8 5.2 3.2 7.4 17.2 19.5 15.6 10.3 5.5 5.9 3.2 7.2 16.5 19.3 14.8 10.1 5.4 5.8 3.3 7.6 18.3 20.9 17.2 11.3 5.5 6.0 3.3 7.4 17.3 18.3 16.3 10.6 5.5 6.0 2.9 7.7 17.7 20.1 16.2 10.9 5.7 6.1 3.1 7.6 17.6 20.2 15.9 10.2 5.7 6.2 3.1 7.2 16.6 18.8 15.1 10.2 5.4 5.9 3.3 7.7 17.0 19.8 15.1 10.6 5.9 6.4 3.4 7.7 17.2 20.3 15.1 10.8 5.8 6.2 3.4 7.7 16.5 19.3 14.8 10.8 5.9 6.3 3.9 7.7 17.5 18.7 16.4 10.8 5.8 6.3 3.6 7.6 18.4 20.5 17.0 10.8 5.6 5.9 3.9 7.7 18.7 21.6 16.5 10.1 5.9 6.2 4.5 7.7 18.9 21.1 17.4 10.9 5.6 6.0 3.7 6. Nov. Jan. 1979 Unemployed persons, by reason for unemployment, seasonally adjusted [Numbers in thousands] 1981 1980 Reason for unemployment Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 3,581 1,422 2,159 905 1,909 752 4,164 1,771 2,393 930 1,975 871 4,468 1,954 2,514 887 1,834 872 4,364 1,832 2,532 866 1,868 893 4,319 1,699 2,620 890 1,883 870 4,387 1,744 2,643 855 1,844 862 4,240 1,692 2,548 870 2,013 880 4,229 1,453 2,776 897 1,896 890 4,226 1,470 2,756 813 1,869 868 3,847 1,258 2,590 907 2,039 1,000 3,896 1,267 2,629 884 1,970 928 3,846 1,299 2,547 863 2,040 986 3,819 1,280 2,539 854 2,017 987 100.0 50.1 19.9 30.2 12.7 26.7 10.5 100.0 52.4 22.3 30.1 11.7 24.9 11.0 100.0 55.4 24.2 31.2 11.0 22.8 10.8 100.0 54.6 22.9 31.7 10.8 23.4 11.2 100.0 54.2 21.3 32.9 11.2 23.6 10.9 100.0 55.2 21.9 33.3 10.8 23.2 10.8 100.0 53.0 21.1 31.8 10.9 25.2 11.0 100.0 53.5 18.4 35.1 11.3 24.0 11.2 100.0 54.3 18.9 35.4 10.5 24.0 11.2 100.0 49.4 16.1 33.2 11.6 26.2 12.8 100.0 50.7 16.5 34.2 11.5 25.7 12.1 100.0 49.7 16.8 32.9 11.2 26.4 12.7 100.0 49.7 16.7 33.1 11.1 26.3 12.9 3.4 .9 1.8 .7 4.0 .9 1.9 .8 4.3 8 1.8 .8 4.2 .8 1.8 .9 4.1 .8 1.8 .8 4.2 .8 1.8 .8 4.0 .8 1.9 .8 4.0 .9 1.8 .8 4.0 .8 1.8 .8 3.6 .9 1.9 .9 3.7 .8 1.9 .9 3.6 .8 1.9 .9 3.6 .8 1,9 .9 NUMBER OF UNEMPLOYED Lost last job ...................................................................................... Or layoff .................................................................................... Other job losers .......................................................................... Left ast ,o b ........................................................................................ Reentered labor force ........................................................................ Seeking first jo b .................................................................................. PERCENT DISTRIBUTION Total unemployed .............................................................................. Job losers.......................................................................................... Or 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] 1981 1980 Annual average 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 ...................... 1979 1980 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2,869 1,892 1,202 684 518 10.9 3,208 2,411 1,829 1,028 802 11.9 3,258 2,373 1,599 931 668 11.2 3,714 2,589 1,686 980 706 10.6 3,281 2,812 1,777 1,024 753 11.7 3,317 2,649 1,935 1,093 842 11.8 3,255 2,533 2,150 1,239 911 12.5 3,042 2,586 2,295 1,366 929 13.0 3,186 2,500 2,292 1,256 1,036 13.3 3,108 2,524 2,329 1,213 1,116 13.6 3,115 2,217 2,378 1,231 1,147 13.5 3,259 2,264 2,358 1,079 1,279 14.4 3,203 2,324 2,250 992 1,257 14.4 3,209 2,356 2,192 1,013 1,179 14.0 3,074 2,462 2,105 1,001 1,104 13.7 NOTE: The monthly data in these tables have been revised to reflect seasonal experience through 1980. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 71 EMPLOYMENT, HOURS, AND EARNINGS DATA FROM ESTABLISHMENT 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 this section are compiled from payroll records reported monthly on a volun tary basis to the Bureau of Labor Statistics and its cooperat ing State agencies by 166,000 establishments representing all industries except agriculture. In most industries, the sampling probabilities are based on the size of the establishment; most large establishments are therefore in the sample. (An estab lishment is not necessarily a firm; it may be a branch plant, for example, or warehouse.) Self-employed persons and others not on a regular civilian payroll are outside the scope of the survey because they are excluded from establishment records. This largely accounts for the difference in employment figures between the household and establishment surveys. L a b o r t u r n o v e r d a t a in this section are compiled from per sonnel records reported monthly on a voluntary basis to the Bureau of Labor Statistics and its cooperating State agencies. A sample of 40,000 establishments represents all industries in the manufacturing and mining sectors of the economy. Bureau of Labor Statistics computes spendable earnings from gross weekly earnings for only two illustrative cases: (1) a worker with no dependents and (2) a married worker with three dependents. 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 porr tion of gross average weekly hours which were in excess of regular hours and for which overtime premiums were paid. Labor turnover is the movement of all wage and salary workers from one employment status to another. Accession rates indicate the average number of persons added to a payroll in a given period per 100 employees; separation rates indicate the average number dropped from a payroll per 100 employees. Although month-to-month changes in employment can be calculated from the labor turnover data, the re sults are not comparable with employment data from the employment and payroll survey. The labor turnover survey measures changes dur ing the calendar month while the employment and payroll survey measures changes from midmonth to midmonth. Notes on the data Definitions Employed persons are all persons who received pay (including holi day and sick pay) for any part of the payroll period including the 12th of the month. Persons holding more than one job (about 5 per cent of all persons in the labor force) are counted in each establish ment which reports them. Production workers in manufacturing include blue-collar worker supervisors and all nonsupervisory workers closely associated with production operations. Those workers mentioned in tables 14-20 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 payments. Real earnings are earnings adjusted to eliminate the effects of price change. The Hourly Earnings Index is calculated from aver; age 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 manufacturing (the only sector for which overtime data are available) and the effects of changes and seasonal factors in the proportion of workers in high-wage and lowwage industries. Spendable earnings are earnings from which estimat ed social security and Federal income taxes have been deducted. The 72 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 June 1980 data, published in the August 1980 issue of the Re view. Consequently, data published in the Review prior to that issue are not necessarily comparable to current data. Complete comparable historical unadjusted and seasonally adjusted data are published in a Supplement to Employment and Earnings (unadjusted data from April 1977 through March 1980 and seasonally adjusted data from January 1974 through March 1980) and in Employment and Earnings, United States, 1909-78, BLS Bulletin 1312-11 (for prior periods). Data on recalls were shown for the first time in tables 12 and 13 in the January 1978 issue of the Review. For a detailed discussion of the recalls series, along with historical data, see "New Series on Recalls from the Labor Turnover Survey,” Employment and Earnings. Decem ber 1977, pp. 10-19. 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,” Monthly Labor Review, December 1969, pp. 9-20. See also BLS Handbook o f Methods for Surveys and Studies, Bulletin 1910 (Bureau of Labor Statistics, 1976). The formulas used to construct the spendable average weekly earn ings series reflect the latest provisions of the Federal income tax and social security tax laws. For the spendable average weekly earnings formulas for the years 1978-80, see Employment and Earnings, March 1980, pp. 10-11. Real earnings data are adjusted using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). 8. Employment by industry, 1950-80 [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 1951 .......................................................... 1952 .......................................................... 1953 .......................................................... 1954 .......................................................... 1955,.......................................................... 47,819 48.793 50,202 48,990 50,641 929 898 866 791 792 2,637 2,668 2,659 2,646 2,839 16,393 16,632 17,549 16,314 16,882 4,226 4,248 4,290 4,084 4,141 9,742 10,004 10,247 10,235 10,535 2,727 2,812 2,854 2,867 2,926 7,015 7,192 7,393 7,368 7,610 1,956 2,035 2,111 2,200 2,298 5,547 5,699 5,835 5,969 6,240 6,389 6,609 6,645 6,751 6,914 2,302 2,420 2,305 2,188 2,187 4,087 4,188 4,340 4,563 4,727 1956 .......................................................... '1957 .......................................................... 1958 .......................................................... 1959’ ........................................................ 1960 .......................................................... 52,369 52,853 51,324 53,268 54,189 822 828 751 732 712 3,039 2,962 2,817 3,004 2,926 17,243 17,174 15,945 16,675 16,796 4,244 4,241 3,976 4,011 4,004 10,858 10,886 10,750 11,127 11,391 3,018 3,028 2,980 3,082 3,143 7,840 7,858 7,770 8,045 8,248 2,389 2,438 2,481 2,549 2,629 6,497 6,708 6,765 7,087 7,378 7,278 7,616 7,839 8,083 8,353 2,209 2,217 2,191 2,233 2,270 5,069 5,399 5,648 5,850 6,083 1961 1962 1963 1964 1965 .......................................................... .......................................................... .......................................................... .......................................................... .......................................................... 53,999 55,549 56,653 58,283 60,765 672 650 635 634 632 2,859 2,948 3,010 3,097 3,232 16,326 16,853 16,995 17,274 18,062 3,903 3,906 3,903 3,951 4,036 11,337 11,566 11,778 12,160 12,716 3,133 3,198 3,248 3,337 . 3,466 8,204 8,368 8,530 8,823 9,250 2,688 2,754 2,830 2,911 2,977 7,620 7,982 8,277 8,660 9,036 8,594 8,890 9,225 9,596 10,074 2,279 2,340 2,358 2,348 2,378 6,315 6,550 6,868 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 89,886 90,657 779 813 851 960 1,025 3,576 3,851 4,229 4,483 4,469 18,997 19,682 20,505 21,062 20,361 4,582 4,713 4,923 5,141 5,156 17,755 18,516 19,542 20,269 20,573 4,546 4,708 4,969 5,204 5,281 13,209 13,808 14,573 15,066 15,292 4,271 4,467 4,724 4,974 5,162 14,551 15,303 16,252 17,078 17,741 14,871 15,127 15,672 15,920 16,170 2,733 2,727 2,753 2,773 2,866 12,138 12,399 12,919 13,147 13,304 ’ Data include Alaska and Hawaii beginning in 1959. 9. Employment by State [Nonagricultural payroll data, In thousands] State Mar. 1980 Feb. 1981 Mar. 1981 p State Mar. 1980 Feb. 1981 Mar. 1981 p Alabama .................................................................. Alaska...................................................................... Arizona .................................................................... Arkansas .................................................................. California.................................................................. 1,361.9 159.3 1,017.4 746.7 9,853.3 1,353.3 162.8 1,018.4 740.6 9,825.2 1,349.9 164.9 1,020.8 745.5 9,870.6 Montana.............................................................. Nebraska............................................................ Nevada .............................................................. New Hampshire ................................................... New Jersey .................................................. 274.6 629.5 394.7 378.9 3,022.1 275.2 618.9 402.8 383.0 3,015.1 276.4 621.0 407.9 384.0 3,034.5 Colorado .................................................................. Connecticut .............................................................. Delaware.................................................................. District of Columbia..................................................... Florida...................................................................... 1,240.8 1,418.1 255.5 610.0 3,574.0 1,256.6 1,420.6 250.2 609.9 3,734.9 1,260.5 1,428.6 254.5 611.7 3,750.5 New Mexico........................................................ New York............................................................ North Carolina ..................................................... North Dakota ...................................................... Ohio .................................................................. 463.5 7,155.7 2,381.4 240.5 4,413.3 458.6 7,116.3 2,378.1 240.9 4,297.0 461.2 7,160.9 2,385.7 241.9 4,331.5 Georgia.................................................................... Hawaii...................................................................... Idaho........................................................................ Illinois ...................................................................... Indiana...................................................................... 2,146.4 407.9 329.0 4,884.9 2,143.4 2,150.7 404.6 325.8 4,762.4 2,110.9 2,162.9 406.4 325.5 4,786.4 2,110.9 Oklahoma .......................................................... Oregon .............................................................. Pennsylvania ....................................................... Rhode Island ....................................................... South Carolina ..................................................... 1,121.3 1,055.1 4,753.5 393.1 1,190.7 1,153.2 994.8 4,661.6 391.7 1,180.5 1,165.3 1,005.7 4,688.7 392.9 1,184.6 Iowa ........................................................................ Kansas .................................................................... Kentucky .................................................................. Louisiana.................................................................. Maine ...................................................................... 1,116.1 952.3 1,198.7 1,550.0 406.2 1,069.9 942.6 1,194.0 1,610.5 409.1 1,076.2 950.2 1,195.6 1,616.7 408.7 South Dakota...................................................... Tennessee .......................................................... Texas ................................................................ Utah .................................................................. Vermont.............................................................. 235.6 1,789.7 5,761.5 549.9 198.6 229.0 1,705.2 6,014.7 552.6 204.6 229.8 1,715.4 6,048.6 556.1 204.2 Maryland .................................................................. Massachusetts' ........................................................ Michigan .................................................................. Minnesota ................................................................ Mississippi ................................................................ Missouri.................................................................... 1,685.8 2,633.2 3,491.2 1,753.2 834.1 1,974.0 1,665.2 2,629.1 3,420.9 1,723.2 825.6 1,920.7 1,686.0 Virginia................................................................ Washington ........................................................ West Virginia ...................................................... Wisconsin............................................................ Wyoming ............................................................ 2,097.5 1,602.4 639.9 1,932.4 200.8 2,106.7 1,582.0 634.1 1,910.1 200.7 2,117.5 1,589.9 637.4 1,909.6 200.8 Virgin Islands ...................................................... 37.8 36.6 36.9 3440.7 1,733.5 826.0 1,943.9 1Revised series, not strictly comparable with previously published data. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 73 MONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Establishment Data 10. Employment by industry division and major manufacturing group [Nonagricultural payroll data, In thousands] 1981 1980 Annual average Industry division and group TOTAL MINING ........................................................ Dec. Jan. Feb. Mar.'1 Apr.p 91,693 91,846 90,082 90,245 90,828 91,365 1,055 1,064 1,069 1,073 1,088 944 Sept. Oct. Nov. 90,072 90,729 91,332 1,029 1,035 1,039 1979 1980 Apr. May June July Aug. 89,886 90,657 90,761 90,849 91,049 89,820 960 1.025 1,006 1,024 1,049 1,030 4,483 4,469 4,311 4,471 4,611 4,633 4,712 4,690 4,700 4,618 4,431 4,080 3,985 4,129 4,271 MANUFACTURING Production workers................................ 21,062 15,085 20,361 14,277 20,533 14,466 20,250 14,172 20,201 14,093 19,754 13,657 20,044 13,947 20,269 14,182 20,302 14,204 20,368 14,260 20,316 14,199 20,1,55 14,047 20,149 14,046 20,254 14,138 20,345 14,228 Durable goods Production workers................................ 12,772 9,120 12,215 8.468 12,414 8,672 12,150 8,409 12,065 8,307 11,774 8,025 11,827 8,075 12,028 8,281 12,100 8,343 12,195 8,430 12,186 8,413 12,110 8,340 12,082 8,317 12,165 8,389 12,234 8,461 Lumber and wood products .......................... Furniture and fixtures.................................... Stone, day, and glass products .................... Primary metal industries................................ Fabricated metal products ............................ Machinery, except electrical.......................... Electric and electronic equipment.................. Transportation equipment.............................. Instruments and related products .................. Miscellaneous manufacturing ........................ 766.1 499.3 709.7 1,250.2 1,723.7 2,481.6 2,124.3 2,082.8 688.9 445.6 686.9 473.7 667.9 1,133.3 1,627.1 2,488.8 2,126.3 1,889.8 699.7 422.0 678.4 488.7 675.5 1,193.8 1,671.4 2,523.5 2,156.2 1,891.1 702.2 433.0 654.8 469.1 668.1 1,149.8 1,619.8 2,509.3 2,120.2 1,835.1 699.4 424.6 668.0 460.8 666.2 1,112.9 1,598.6 2,486.1 2,102.2 1,847.0 702.9 420.1 666.8 438.1 656.0 1,055.5 1,538.4 2,440.2 2,066.5 1,810.2 698.3 404.0 683.0 454.6 663.2 1,059.6 1,567.6 2,417.8 2,080.7 1,785.4 697.8 417.6 689.2 466.6 667.4 1,081.8 1,594.5 2,449.6 2,103.5 1,857.9 695.5 422.2 686.9 470.3 665.5 1,093.1 1,604.6 2,456.7 2,119.3 1,885.7 695.9 422.1 682.8 679.8 473.8 475.8 654.3 667.2 1,111.9 1,124.6 1,615.6 1,614.6 2,475.2 2,492.5 2,134.9 2,143.9 1,912.2 1,888.4 700.6 702.2 410,1 421.2 668.1 475.0 637.4 1,125.5 1,598.6 2,491.3 2,140.1 1,872.0 700.6 401.5 667.8 476.9 632.9 1,125.7 1,596.8 2,498.2 2,138.5 1,840.8 697.9 406.3 670.2 477.4 642.2 1,129.5 1,605.2 2,505.1 2,148.1 1,878.5 699.6 409.1 676.2 481,2 654,6 1,133.7 1,614.1 2,506.1 2,160.3 1,897.4 698.3 412.5 Nondurable goods Production workers................................ 8,290 5,965 8,146 5,809 8,119 5,794 8,100 5,763 8,136 5,786 7,980 5,632 8,217 5,872 8,241 5,901 8,202 5,861 8,173 5,830 8,130 5,786 8,045 5,707 8,067 5,729 8,089 5,749 8,111 5,767 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 ........................ 1,728.1 69.9 888.5 1,312.5 706.7 1,239.5 1,110.7 210.0 775.6 248.0 1,690.4 69.0 863.8 1,296,5 693.9 1,271.7 1,112.6 197.3 7107 240.1 1,626.2 62.9 882.1 1,304.2 698.8 1,270.4 1,120.6 173.6 737.2 243.3 1,638.5 62.7 870.6 1,299.0 692.4 1,267.8 1,119.5 203.4 702.4 243.2 1,676.8 64.6 853.2 1,310.5 695.0 1,271.3 1,122.2 209.1 688.5 244.7 1,709.5 63.9 820.6 1,236.9 682.3 1,264.5 1,112.0 212.0 659.3 218.9 1,795.3 71.3 854.1 1,299.9 688.7 1,264.3 1,108.4 212.4 680.4 242,6 1,790.5 75.5 854.7 1,309.2 688.6 1,267.9 1,106.3 210.9 695.8 241.1 1,738.8 76.4 856.8 1,307.5 690.7 1,272.2 1,104.9 210.4 703.4 240.6 1,696.6 75.6 859.4 1,302.3 691.6 1,281.0 1,106.1 210,2 708.3 241.5 1,667.2 74.7 858.3 1,281.7 691.7 1,291.6 1,107.6 207.8 710.3 238.8 1,625.0 72.0 852.5 1,266.2 687.9 1,281.7 1,106.3 207.6 708.9 237.1 1,617.3 70.4 853.0 1,284.6 687.9 1,286.8 1,108.8 206.6 711.2 239.9 1,609.0 68.0 853.5 1,299.6 689.0 1,291.9 1,113.1 208.5 714.5 241.4 1,605.7 66.3 856.0 1,306.9 690.7 1,292.5 1,114.9 209.9 722.8 244.9 5,141 5,156 5,147 5,167 5,185 5,145 5,144 5,170 5,178 5,158 5,163 5,075 5,089 5,101 5,114 20,269 20,573 20,373 20,497 20,562 20,506 20,579 20,692 20,708 20,937 21,313 20,555 20,396 20,494 20,710 5,204 5,281 5,265 5,263 5,287 5,278 5,284 ' 5,291 5,313 5,313 5,318 5,278 5,275 5,295 5,321 15,066 15,292 15,108 15,234 15,275 15,228 15,295 15,401 15,395 15,624 15,995 15,277 15,121 15,199 15,389 4,974 5,162 5,104 5,137 5,201 5,229 5,232 5,194 5,204 5,215 5,229 5,226 5,235 5,253 5,284 SERVICES 17,078 17,741 17,636 17,747 17,846 17,973 17,966 17,915 17,949 17,951 17,978 17,788 17,945 18,107 18,296 GOVERNMENT .................................................. Federal........................................................ State and local ............................................ 15,920 2,773 13,147 16,170 2,866 13,304 16,651 3,103 13,548 16,556 2,963 13,593 16,394 2,995 13,399 15,550 2,949 12,601 15,366 2,862 12,504 15,764 2,754 13,010 16,252 2,774 13,478 16,391 2,776 13,615 16,352 2,782 13,570 16,134 2,773 13,361 16,373 2,774 13,599 16,402 2,772 13,630 16,401 2,776 13,625 CONSTRUCTION TRANSPORTATION AND PUBLIC UTILITIES WHOLESALE AND RETAIL TRADE WHOLESALE TRADE RETAIL TRADE FINANCE, INSURANCE, AND REAL ESTATE Digitized for 74FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11. Employment by industry division and major manufacturing group, seasonally adjusted [Nonagricultural payroll data, in thousands] 1980 1981 Industry division and group Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.p Apr.p 91,125 91,481 91,652 91,714 91,494 TOTAL ........................................................................................ 90,951 90,468 90,047 89,867 90,142 90,384 90,710 90,961 MINING .............................................................................................. 1,012 1,023 1,029 1,013 1,013 1,028 1,037 1,054 1,072 1,086 1,095 1,102 950 CONSTRUCTION 4,467 4,436 4,379 4,322 4,359 4,404 4,442 4,475 4,508 4,610 4,518 4,508 4,426 MANUFACTURING Production workers ................................................................ 20,642 14,550 20,286 14,186 20,014 13,931 19,828 13,759 19,940 13,872 20,044 13,972 20,157 14,065 20,282 14,179 20,312 14,195 20,345 14,219 20,374 14,240 20,400 14,266 20,455 14,311 Durable goods Production workers ................................................................ 12,442 8,686 12,140 8,386 11,947 8,205 11,819 8,084 11,860 8,123 11,955 8,212 12,043 8,288 12,146 8,381 12,160 8,386 12,188 8,408 12,196 8,411 12,226 8,441 12,264 8,476 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.......................................................... 689 491 680 1,193 1,678 2,518 2,167 1,885 703 438 654 472 663 1,144 1,620 2,517 2,127 1,819 700 424 648 461 647 1,096 1,584 2,476 2.094 1,831 696 414 650 449 641 1,049 1,551 2,448 2,079 1,839 698 415 662 456 648 1,059 1,569 2,437 2,083 1,840 697 409 674 464 655 1,074 1,587 2,452 2,091 1,851 697 410 677 466 656 1,096 1,595 2,469 2,107 1,873 697 407 683 469 661 1,119 1,606 2,475 2,120 1,901 701 411 688 472 660 1,133 1,608 2,480 2,135 1,868 701 415 693 475 663 1,133 1,608 2,484 2,147 1,866 702 417 692 477 661 1,134 1,610 2,491 2,149 1,865 700 417 690 477 663 1,135 1,612 2,495 2,157 1,880 702 415 687 483 659 1,133 1,621 2,501 2,171 1,892 699 418 Nondurable goods Production workers ................................................................ 8,200 5,864 8,146 5,800 8,067 5,726 8,009 5,675 8,080 5,749 8,089 5,760 8,114 5,777 8,136 5,798 8,152 5,809 8,157 5,811 8,178 5,829 8,174 5,825 8,191 5,835 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.......................................................... 1,690 69 884 1,302 702 1,272 1,123 175 740 243 1,691 70 869 1,291 692 1,268 1,120 203 703 239 1,677 71 843 1,287 685 1,269 1,112 205 681 237 1,683 69 833 1,276 680 1,266 1,103 207 663 229 1,690 67 851 1,296 682 1,266 1,100 208 680 240 1,672 68 851 1,299 686 1,269 1,104 208 692 240 1,682 69 856 1,292 690 1,272 1,105 209 699 240 1,686 71 856 1,291 692 1,278 1,108 209 705 240 1,684 70 z-857 1,291 693 1,284 1,112 210 711 240 1,680 70 858 1,289 694 1,284 1,115 213 713 241 1,685 71 856 1,292 696 1,289 1,118 213 716 242 1,671 72 855 1,297 695 1,294 1,118 213 717 242 1,669 73 858 1,304 694 1,294 1,117 212 726 244 TRANSPORTATION AND PUBLIC UTILITIES ...................................... 5,178 5,167 5,134 5,114 5,129 5,124 5,147 5,132 5,137 5,142 5,156 5,158 5,145 WHOLESALE AND RETAIL TRADE .................................................... 20,531 20,487 20,459 20,506 20,589 20,620 20,641 20,660 20,638 20,762 20,885 20,932 20,808 5,286 5,268 5,245 5,247 5,263 5,280 5,292 5,297 5,302 5,315 5,328 5,327 5,342 WHOLESALE TRADE RETAIL TRADE .................................................................................. 15,245 15,219 15,214 15,259 15,326 15,340 15,349 15,363 15,336 15,447 15,557 15,605 15,466 FINANCE, INSURANCE, AND REAL ESTATE ...................................... 5,119 5,137 5,150 5,167 5,180 5,194 5,214 5,225 5,245 5,268 5,277 5,285 5,300 ...................................................................................... 17,618 17,659 17,652 17,760 17,788 17,861 17,913 17,969 18,068 18,133 18,181 18,216 18,278 GOVERNMENT .................................................................................. Federal ........................................................................................ State and local.............................................................................. 16,384 3,115 13,269 16,273 2,960 13,313 16,230 2,951 13,279 16,157 2,893 13,264 16,144 2,828 13,316 16,109 2,765 13,344 16,159 2,788 13,371 16,164 2,790 13,374 16,145 2,789 13,356 16,135 2,801 13,334 16,166 2,794 13,372 16,113 2,789 13,324 16,132 2,787 13,345 SERVICES https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 75 M ONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Establishment Data Labor turnover rates in manufacturing, 1977 to date 12. [Per 100 employees] Year Annual average Jan. Feb. Mar. Apr. May June July Aug, Sept. Oct. Nov. Dec. 4.3 4.4 4.3 3.8 5.3 5.4 5.0 4.5 4.6 4.9 4.5 4.3 3.9 4.3 4.1 3.6 3.1 3.3 3.0 2.7 2.4 2.4 2.2 2.2 3.0 3.3 3.1 2.1 4.0 4.2 3.7 2.5 3.5 3.9 3.4 2.6 3.0 3.5 3.1 2.2 2.2 2.6 2.2 1.6 1.6 1.7 1.5 1.2 .9 .8 .9 1.4 1.0 .9 .9 1.7 .8 .7 8 1.4 .6 .6 .7 1.1 .6 .5 .5 .9 .6 .5 .5 .8 4.3 4.1 4.3 4.2 5.1 5.3 5.7 4.8 4.9 4.9 4.7 4.1 3.8 4.1 4.2 3.7 3.4 3.5 3.8 3.0 3.4 3.4 3.5 3.1 1.9 2.1 2.0 1.4 3.1 3.5 3.3 2.2 2.8 3.1 2.7 1.9 1.9 2.3 2.1 1.4 1.5 1.7 1.6 1.1 1.2 1.3 1.1 .9 1.5 1.1 1.4 2.0 1.0 .8 1.3 1.7 1.1 .8 1.1 1.4 1.1 .9 1.2 1.5 1.1 1.0 1.5 1.3 1.5 1.4 1.7 1.6 Total accessions 1977 1978 1979 1980 1981 .............................................. .............................................. .............................................. .............................................. .............................................. 4.0 4.1 4.0 3.5 3.7 3.8 4.0 3.8 3.4 3.7 3.2 3.4 3.3 3.0 4.0 3.8 3.8 3.5 p3.4 3.8 4.0 3.9 3.1 4.6 4.7 4.7 3.4 1977 1978 1979 1980 1981 .............................................. .............................................. .............................................. .............................................. .............................................. 2.8 3.1 2.9 2.1 2.2 2.5 2.8 2.4 1.8 2.1 2.2 2.5 2.2 1.8 2.6 2.7 2.8 2.3 p2.0 2.7 2.9 2.9 2.1 3.5 3.6 3.6 2.1 4.9 4.9 4.8 3.9 New hires 3.7 3.9 3.8 2.4 Recalls 1977 1978 1979 1980 1981 .............................................. .............................................. .............................................. .............................................. .............................................. .9 .7 .7 1.1 1.2 1.0 .9 1.1 1.3 1.3 .7 .7 .9 1.0 1.1 .8 .7 .9 »1.1 .9 .8 .7 .8 .8 .8 .8 1.0 1977 1978 1979 1980 1981 .............................................. .............................................. .............................................. .............................................. .............................................. 3.8 3.9 4.0 4.0 3.9 3.6 3.8 4.1 3.6 3.4 3.1 3.2 3.5 3.1 3.4 3.5 3.6 3.7 p3.2 3.4 3.6 3.7 4.7 3.5 3.7 3.8 4.8 1977 1978 1979 1980 1981 .............................................. .............................................. .............................................. .............................................. .............................................. 1.8 2.1 2.0 1.5 1.4 1.5 1.8 1.6 1.2 1.3 1.4 1.6 1.5 1.1 1.6 1.8 1.9 1.6 »1.2 1.7 2.0 2.0 1.5 1.9 2.1 2.1 1.5 1977 1978 1979 1980 1981 .............................................. .............................................. .............................................. .............................................. .............................................. 1.1 .9 1.1 1.7 1.7 1.2 1.1 1.6 1.6 1.4 .9 .8 1.2 1.2 1.0 .9 .8 1.3 »1.2 .9 .8 .9 2.3 .8 .7 .7 2.5 .8 .7 .7 1.2 Total separations 3.5 3.8 3.9 4.4 Quits 1.9 2.2 2.1 1.4 Layoffs 13. .8 .7 .9 2.2 Labor turnover rates in manufacturing, by major industry group [Per 100 employees] Accession rates Major industry group Total New hires Mar. 1980 Feb. 1981 Mar. 1981» Mar. 1980 Feb. 1981 MANUFACTURING Seasonally adjusted.............. 3.5 3.6 3.0 3.6 3.4 3.5 2.3 2.5 Durable goods 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........ 3.1 4.4 4.0 3.9 2.7 3.6 2.5 2.9 3.1 2.8 4,6 2.8 4.5 3.4 3.2 2.5 3.2 2.4 2.4 3.0 3.1 4.1 3.2 5.4 4.0 4.4 2.6 3.9 2.4 2.7 Nondurable goods Food and kindred products .......... Tobacco manufacturers................ Textile mill products .................... Apparel and other products.......... Paper and allied products ............ Printing and publishing.................. Chemicals and allied products . . . . Petroleum and coal products........ Rubber and miscellaneous plastics products ...................... FRASER Leather and leather products........ 4.0 5.2 1.9 4.3 5.4 2.4 3.1 1.7 2.2 3.2 3.9 2,3 3.0 4.8 2.1 2,9 1.5 1.7 3.6 4.5 4.1 7.1 3.6 4.9 Digitized for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Separation rates Recalls Total Quits Layoffs Mar. 1981» Mar. 1980 Feb. 1981 Mar. 1981» Mar. 1980 Feb. 1981 Mar. 1981» Mar. 1980 Feb. 1981 Mar. 1981» Mar. 1980 Feb. 1981 Mar. 1981» 1.8 2.3 ■2.0 2.2 0.9 1.0 1.1 3.7 4.3 3.1 3.8 3.2 3.6 1.6 1.9 1.1 1.5 1.2 1.4 1.3 1.5 1.2 1.4 1.2 1.4 2.0 2.9 3.2 2.0 1.1 2.3 1.8 2.1 1.4 2.4 3.0 1.6 2.7 2.5 1.5 .8 1.7 1.5 1.4 1.2 1.6 2.3 1.8 3.0 2.9 1.7 1.0 2.0 1.6 1.8 .8 1.3 .7 1.7 1.2 1.0 .4 .4 1.2 .2 1.4 1.0 1.7 .7 1.5 1.5 1.2 .7 .6 1.4 .3 1.6 1.1 2.1 .9 2.5 1.4 1.5 .6 .6 3.5 6.4 4.5 3.8 2.7 4.0 2.6 2.9 4.1 2.3 4.8 2.9 4.8 3.5 3.5 2.6 3.2 2.2 2.7 3.3 2.1 3.7 2.9 4.9 4.0 3.3 2.3 3.2 2.1 2.4 1.3 2.3 2.5 1.3 .7 1.5 1.1 1.3 .9 1.2 2.0 .9 1.8 1.6 .9 .5 1.0 .8 .9 .8 .9 1.2 1.0 2.0 2.0 1.0 .5 1.1 .8 1.0 1.4 3.2 .9 1.6 1.2 1.6 .8 .6 2.3 .4 1.8 1.2 2.3 1.0 1.9 1.3 1.4 .8 .9 1.6 .5 1.6 1.1 2.0 1.0 1.6 1.1 1.3 .7 ,6 2.1 2.1 1.0 2.1 2.9 1.3 2.3 1.1 1.4 2.3 2.4 3.3 4.6 4.7 3.0 4.4 2.4 2.6 1.4 1.7 1.4 1.6 .6 1.5 2.0 .7 1.4 .5 .5 1.8 2.2 .8 1.6 .6 .5 1.2 2.1 3.7 .5 1.4 1.0 .6 .3 .7 1.3 2.3 3.1 .7 1.7 1.0 .7 .4 .5 1.3 2.5 3.4 4.9 2.5 2.8 1.5 1.8 2.0 2.2 .4 2.5 3.0 1.0 1.8 .7 .8 1.5 1.6 .7 1.8 .7 .5 .3 .3 4.0 5.2 5.4 4.0 5.2 2.8 3.1 1.5 2.1 4.1 5.5 2.9 4.6 2.3 3.2 2.5 4.0 .9 2.1 1.0 1.6 .8 .6 1.8 .7 .5 .3 .3 ✓ 1.1 1.5 3.5 5,0 2.4 3.3 1.3 2.5 1.2 1.7 1.0 1.8 ,5 .6 1.3 .7 .4 .3 .5 1.1 1.8 3.4 5.3 2.1 3.1 1.7 2.1 2.8 3.1 .7 3,4 3.9 1.6 2.7 1.3 1.5 1.2 1.3 4.8 6.5 3.6 4.9 3.3 5.1 2.2 3.3 1.3 2.3 1.4 2.7 1.6 2.1 1.4 1.8 1.0 1.5 2.4 4.5 ' 1.9 2.5 .3 1.8 2.3 3.7 1.1 1.3 .5 1.4 .7 1.9 1.0 .6 .3 .7 14. Hours and earnings, by industry division, 1950-80 [Gross averages, production or nonsupervisory workers on nonagriculturai payrolls] Year Average weekly earnings Average weekly hours Average hourly earnings Average weekly earnings Average weekly hours Average hourly earnings Average weekly earnings Average hourly earnings Average weekly earnings Average weekly hours Average hourly earnings Manufacturing Construction Mining Total private Average weekly hours $53.13 398 $1.335 $67.16 37.9 $1.772 $69.68 37.4 $1.863 $58.32 40.5 $1.440 .................. .................. .................. .................. .................. 57.86 60.65 63.76 64.52 67.72 39.9 39.9 39.6 39.1 39.6 1.45 1.52 1.61 1.65 1.71 74.11 77,59 83.03 82.60 89.54 38.4 38.6 38.8 38.6 40.7 1.93 2.01 2.14 2.14 2.20 76.96 82.86 86.41 88.91 90.90 38.1 38.9 37.9 37.2 37.1 2.02 2.13 2.28 2.39 2.45 63.34 66.75 70.47 70.49 75.30 40.6 40.7 40.5 39.6 40.7 1.56 1,64 1.74 1.78 1.85 1956 .................. 1957 .................. 1958 .................. 1959' ................ 1960 .................. 70.74 73.33 75.08 78.78 80.67 39.3 38.8 38.5 39.0 38.6 1.80 1.89 1.95 2.02 2.09 95.06 98.25 96,08 103.68 105.04 40.8 40.1 389 40.5 40.4 2.33 2.45 2.47 2.56 2.60 96,38 100.27 103.78 108.41 112.67 37.5 37.0 36.8 37.0 36.7 2.57 2.71 2.82 2.93 3.07 78.78 81.19 82.32 88.26 89.72 40.4 39.8 39.2 40.3 39.7 1.95 2.04 2.10 2.19 2.26 1961 1962 1963 1964 1965 .................. .................. .................. .................. .................. 82.60 85.91 88.46 91.33 95.45 38.6 38.7 38.8 38.7 38.8 2.14 2.22 2.28 2.36 2.46 106.92 110.70 114.40 117.74 123.52 40.5 41.0 41.6 41.9 42.3 2.64 2.70 2.75 2.81 2.92 118,08 122.47 127.19 132.06 138.38 36.9 37.0 37.3 37.2 37.4 3.20 3.31 3.41 3.55 3.70 92.34 96.56 99.23 102.97 107.53 39.8 40.4 40.5 40,7 41.2 2.32 2.39 2.45 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 3.353.60 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 .................. .................. .................. .................. .................. 175.45 189.00 203.70 219.30 235 10 36.1 36.0 35.8 35.6 35.3 4.86 5.25 5.69 6.16 6.66 273.90 301.20 332.88 365.50 396.58 42.4 43.4 43.4 43.0 43.2 6.46 6.94 7.67 8.50 9.18 283.73 295.65 318.69 342.99 367.78 36.8 36.5 36.8 37.0 37.0 7.71 8.10 8.66 9.27 9.94 209.32 228.90 249.27 268.94 288.62 40.1 40.3 40.4 40.2 39.7 5.22 5.68 6.17 6.69 7.27 1950 .................. 1951 1952 1953 1954 1955 Transportation and public utilities 1951 1952 1964 .................. 1965 .................. Finance, insurance, and real estate Wholesale and retail trade Services $44.55 40.5 $1.100 $50.52 37.7 $1.340 47.79 49.20 51 35 53.33 55 16 40.5 40.0 39 5 39.5 39.4 1.18 1.23 1.30 1.35 1.40 54.67 57.08 59.57 62.04 63.92 37.7 37.8 37.7 37.6 37.6 1.45 1.51 1.58 1.65 1.70 57.48 ’ 59 60 61 76 64 41 66 01 39.1 38.7 38 6 38.8 38 6 1.47 1.54 1.60 1 66 1.71 65.68 67.53 70.12 72.74 75.14 36.9 36.7 37.1 37.3 37.2 1.78 1.84 1.89 1.95 2.02 38 3 38 2 38 1 37.9 37.7 1.76 1 83 1.89 1.97 2.04 77.12 80.94 84.38 85.79 88.91 36.9 37.3 37.5 37.3 37.2 2.09 2.17 2.25 2.30 2.39 $70.03 73.60 36.1 35.9 $1.94 2.05 $118.78 125.14 41.1 41.3 $2.89 3.03 67 41 69 91 72 01 74.66 76.91 1966 1967 1968 1969 1970 .................. .................. .................. .................. .................. 128.13 130.82 138.85 147.74 155.93 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 1971 1972 1973 1974 1975 .................. .................. .................. .................. .................. 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 .................. .................. .................. .................. .................. 256.71 278.90 302.80 325.98 352.04 39.8 39.9 40.0 39.9 39.6 6.45 6.99 7.57 8.17 8.89 133.79 142.52 153.64 164.96 175.91 33.7 33.3 32.9 32.6 32.1 3.97 4.28 4.67 5.06 5.48 155.43 165.26 178.00 190.77 209.24 36.4 36.4 36.4 36.2 362 4.27 4.54 4.89 5.27 5.78 143.52 153.45 163.67 175.27 190.71 33.3 33.0 32.8 32.7 32.6 4.31 4.65 4.99 5.36 5.85 1Data Include Alaska and Hawaii beginning in 1959, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 77 MONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Establishment Data 15. Weekly hours, by industry division and major manufacturing group [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] TOTAL PRIVATE 1981 1980 Annual average 35.3 35.0 43.2 42.8 35.3 35.3 35.6 43.5 43.5 43.5 44.1 43.1 43.2 35.6 35.3 35.5 41.9 35.3 42.7 May Dec. 35.3 35.0 Apr. Nov. Sept. July 1980 Oct. Aug. June 1979 Apr.p Feb. Mar.p 35.1 34.9 35.2 35.1 43.5 42.8 42.1 43.0 Jan. MINING 43.0 CONSTRUCTION 37.0 37.0 36.7 36.9 37.9 37.7 37.3 37.9 37.9 36.8 37.1 36.4 35.0 37.2 36.8 MANUFACTURING Overtime hours...................................... 40.2 3.3 39.7 2.8 39.4 2.7 39.3 2.5 39.4 2.5 38.8 2.4 39.3 2.7 39.7 3.0 39.8 2.9 40.2 3.1 40.8 à.3 39.9 2.9 39.5 2.8 39.9 2.8 39.7 2.6 Durable goods Overtime hours...................................... 40.8 3.5 40.2 2.8 39.9 2.7 39.7 2.5 39.8 2.4 39.1 2.3 39.7 2.6 40.2 2.9 40.3 2.9 40.7 3.1 41.5 3.4 40.4 2.9 39.9 2.8 40.5 2.8 40.2 2.7 Lumber and wood products .......................... Furniture and fixtures .................................... Stone, clay, and glass products...................... Primary metal industries................................ Fabricated metal products ............................ 39.4 38.7 41.5 41.4 40.7 38.6 38.1 40.8 40.1 40.4 37.1 37.9 40.4 40.6 40.2 37.6 37.3 40.6 39.3 39.9 38.4 37.3 41.0 39.1 40.1 382 36.2 40.3 38.6 39.2 39.2 37.6 40.7 39.0 40.0 39.3 38.3 41.1 39.9 40.5 39.2 38.5 41.3 39.9 40.5 39.2 38.4 41.4 40.8 40.9 39.6 39.6 41.6 41.6 41.6 38.8 38.1 40.4 41.1 40,4 38.4 38.2 39.6 40.7 40.0 39.1 38.8 40.7 41.1 40.5 39.1 38.1 40.7 40.9 40.2 Machinery except electrical............................ Electric and electronic equipment .................. Transportation equipment.............................. Instruments and related products .................. Miscellaneous manufacturing ........................ 41.8 40.3 41.1 40.8 38.8 41.1 39.8 40.6 40.5 38.7 41.1 39.6 39.8 40.4 38.4 40.8 39.3 39.9 40.3 38.2 40.8 39.4 39.9 40.5 38.3 40.0 38.5 39.5 39.6 37.8 40.4 39.2 40.0 39.9 38.5 41.0 39.7 40.7 40.1 39.1 40.7 39.9 41.1 40.3 38.9 41.3 40.4 41.7 40.9 39.1 42.2 41.0 43.1 41.2 39.5 41.2 40.1 40.9 40.6 38.6 40.8 39.6 40.1 40.5 38.4 41.2 40.2 41.1 40.6 38.9 40.8 39.9 41.1 39.9 38.3 Nondurable goods Overtime hours...................................... 39.3 3.1 39.0 2.8 38.7 2.7 38.7 2.5 38.8 2.5 38.5 2.6 38.9 2.9 39.1 3.0 39.1 2.9 39.3 3.0 39.8 3.1 39.1 2.9 38.8 2.8 39.0 2.7 388 2.6 Food and kindred products............................ Tobacco manufactures.................................. Textile mill products...................................... Apparel and other textile products.................. Paper and allied products.............................. 39.9 38.0 40.4 35.3 42.6 39.7 38.1 40.0 35.4 42.3 38.9 38.2 39.9 35.3 42.2 39.7 38.7 39.8 35.3 41.6 39.6 38.3 39.6 35.6 41.7 39.9 36.5 38.5 35.3 41.4 40.3 36.8 39.2 35.4 41.8 40.3 38.2 39.8 35.2 42.4 39.7 40.1 39.9 35.4 42.2 40.1 40.0 40.3 35.4 42.8 40.3 38.1 40.8 35.9 43.7 40.0 38.5 39.9 35.2 42.8 39.3 38.4 39.8 35.3 42.3 39.2 37.2 40.0 35.8 42.4 39.4 37.0 39.5 35.0 42.4 Printing and publishing .................................. Chemicals and allied products........................ Petroleum and coal products ........................ Rubber and miscellaneous plastics products .. Leather and leather products ........................ 37.5 41.9 43.8 40.5 36.5 37.1 41.5 41.8 40.1 36.7 36.8 41.6 41.1 39.7 36.7 36.9 41.3 42.3 39.0 37.0 36.7 41.2 42.3 39.3 37.4 36.8 40.7 42.7 38.6 36.4 37.2 40.9 42.2 40.0 36.6 37.3 41.3 43.4 40.3 36.2 37.2 41.4 43.7 40.7 36.5 37.2 42.0 43.6 41.1 36.3 38.1 42.1 43.3 41.6 36.9 37.1 41.5 42.6 40.9 36.6 36.8 41.5 42.5 40.1 36.6 37.0 41.5 42.5 40.7 37.0 36.8 41.4 43.1 40.4 36.5 39.9 39.6 39.5 39.3 39.6 39.9 39.7 39.7 39.8 39.7 40.0 39.4 39.5 39.4 39.3 32.1 31.8 31.9 32.3 32.5 32.7 32.1 32.1 32.0 32.4 31.7 31.7 31.8 32.0 TRANSPORTATION AND PUBLIC UTILITIES WHOLESALE AND RETAIL TRADE .................... 32.6 WHOLESALE TRADE.......................................... 38.8 38.5 38.4 38.5 38.2 38.2 38.4 38.5 38.7 38.6 38.9 38.5 38.3 38.5 38.5 RETAIL TRADE 30.6 30.1 29.7 29.9 30.4 30.7 30.9 30.1 30.0 30.0 30.5 29.5 29.6 29.7 29.9 FINANCE, INSURANCE, AND REAL ESTATE .......................................................... 36.2 36.2 36.2 36.1 36.4 36.2 36.3 36.1 36.3 36.3 36.3 36.3 36.4 36.3 36.1 SERVICES 32.7 32.6 32.4 32.3 32.8 33.1 33.1 32.5 32.6 32.6 32.6 32.5 32.6 32.6 32.6 78 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis I 16. Weekly hours, by industry division and major manufacturing group, seasonally adjusted [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] 1980 Industry division and group TOTAL PRIVATE .............................................. Apr. May June July Aug. 1981 Sept. Oct. Nov. Dec. Jan. Feb. Mar.p Apr.p 35.4 35.4 35.5 35.3 35.3 35.3 35.3 35.1 35.0 34.9 35.1 35.2 35.3 MINING ................................................ 42.8 42.7 43.2 41.9 43.1 43.5 43.5 43.5 44.1 43.5 42.8 42.1 43.0 CONSTRUCTION .................................................. 36.7 36.8 37.1 36.8 36.5 37.4 37.0 37.2 37.1 38.5 36.3 37.6 36.8 MANUFACTURING Overtime hours............................................ 39.8 3.0 39.3 2.6 39.1 2.4 39.0 2.5 39.4 2.7 39.6 2.7 39.7 2.8 39.9 2.9 40.1 3.1 40.4 3.1 39.8 2.9 40.0 2.8 40.1 2.9 Durable goods Overtime hours............................................ 40.3 3.0 39.7 2.5 39.5 2.4 39.4 2.4 39.9 2.6 40.1 2.7 40.1 2.8 40.5 3.0 40.6 3.2 40.9 3.1 40.2 2.9 40.5 2.9 40.7 3.0 Lumber and wood products ................................ Furniture and fixtures.......................................... Stone, clay, and glass products .......................... Primary metal industries...................................... Fabricated metal products .................................. 37.3 38.5 40.6 40.6 40.8 37.5 37.6 40.3 39.2 39.9 37.6 37.0 40.4 38.8 39.7 38.1 36.6 40.2 38.6 39.6 38.9 37.4 40.3 39.2 40.1 38.8 38.0 40.9 39.7 40.4 38.7 38.0 40.9 40.1 40.4 39.3 38.0 41.1 40.9 40.6 39.4 38.6 41.3 41.4 40.6 40.1 38.9 41.6 41.2 40.7 38.9 38.8 40.6 40.8 40.4 39.5 38.8 40.9 41.1 40.6 39.3 38.7 40.9 40.9 40.8 Machinery, except electrical................................ Electric and electronic equipment........................ Transportation equipment.................................... Instruments and related products ........................ Miscellaneous manufacturing .............................. 41.5 39.9 40.5 40.7 38.5 41.0 39.5 39.7 40.3 38.3 40.7 39.2 39.5 40.4 38.2 40.6 39.0 39.6 40.1 38.3 40.8 39.4 40.9 40.1 38.6 40.9 39.5 40.6 40.1 38.9 40.7 39.9 40.8 40.2 38.7 41.0 40.0 41.4 40.5 38.6 41.0 40.2 41.3 40.5 39.0 41.3 40.4 41.9 41.0 39.0 40.8 39.7 40.5 40.6 38.8 41.0 40.2 41.1 40.4 38.7 41.3 40.2 41.9 40.2 38.4 Nondurable goods Overtime hours............................................ 39.1 3.0 38.9 2.6 38.6 2.5 38.5 2.6 38.7 2.8 38.8 2.7 39.0 2.8 39.0 2.9 39.3 3.0 39.7 3.1 39.3 3.0 39.1 2.8 39.2 2.9 Food and kindred products.................................. Tobacco manufactures ...................................... Textile mill products............................................ Apparel and other textile products ...................... Paper and allied products .................................. 39.6 38.2 40.3 35.8 42.5 39.9 38.2 39.7 35.3 41.7 39.6 37.3 39.1 35.2 41.4 39.7 38.5 38.8 35.1 41.4 39.8 37.3 39.2 35.1 41.8 39.7 37.5 39.7 35.1 42.2 39.6 39.5 39.9 35.3 42.2 39.8 38.9 40.0 35.0 42.6 39.8 37.2 40.3 35.6 43.0 40.3 39.7 40.5 36.0 43.1 39.9 39.4 40.1 35.8 42.8 39.6 37.2 39.9 35.7 42.7 40.1 37.0 39.9 35.5 42.7 Printing and publishing........................................ Chemicals and allied products ............................ Petroleum and coal products .............................. Rubber and miscellaneous plastics products ........ Leather and leather products .............................. 37.2 41.5 41.1 40.1 37.3 37.1 41.3 42.5 39.3 36.7 36.8 41.1 42.3 39.2 36.7 36.9 40.8 42.2 39.0 36.1 37.1 41.0 42.2 40.2 36.5 36.9 41.3 42.7 40.1 36.2 37.1 41.4 43.1 40.4 36.5 36.8 41.7 43.2 40.8 36.2 37.4 41.7 43.2 40.9 36.6 37.7 41.8 43.4 41.3 37.1 37.2 41.8 43.5 40.1 37.0 37.0 41.5 42.8 40.6 37.5 37.2 41.3 43.1 40.8 37.1 TRANSPORTATION AND PUBLIC UTILITIES 39.5 39.3 39.6 39.9 39.7 39.7 39.8 39.7 40.0 39.4 39.5 39.4 39.3 WHOLESALE AND RETAIL TRADE 32.0 32.1 31.9 31.8 32.0 32.1 32.2 32.2 32.1 32.3 32.2 32.1 32.2 • WHOLESALE TRADE 38.5 38.6 38.0 38.0 38.2 38.5 38.5 38.6 38.7 38.8 38.7 38.6 38.6 RETAIL TRADE 30.0 30.1 30.0 29.8 30.1 30.1 30.2 30.2 30.0 30.2 30.2 30.1 30.2 FINANCE, INSURANCE, AND REAL ESTATE .............................................. 36.2 36.1 36.4 36.2 36.3 36.1 36.3 36.3 36.3 36.3 36.4 36.3 36.1 SERVICES .............................................. 32.6 32.5 32.6 32.6 32.6 32.5 32.6 32.7 32.6 32.7 32.8 32.8 32.8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 79 M ONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Establishment Data 17. Hourly earnings, by industry division and major manufacturing group [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] Annual average 1980 1981 Industry division and group 1979 1980 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.p Apr.p TOTAL PRIVATE.................................................. $6.16 $6.66 $6.53 $6.57 $6.61 $6.64 $6.68 $6.80 $6.86 $6.93 $6.94 $7.03 . $7.07 $7.10 $7.11 MINING...................................................................... 8.50 9.18 9.10 9.08 9.16 9.08 9.18 9.32 9.37 9.51 9.58 9.78 9.87 9.86 9.71 CONSTRUCTION........................................................ 9.27 9.94 9.69 9.77 9.81 9.91 10.05 10.19 10.25 10.25 10.35 10.43 10.42 10.43 10.44 MANUFACTURING .................................................... 6.69 7.27 7.09 7.13 7.20 7.29 7.30 7.42 7.49 7.59 7.69 7.73 7.74 7.79 7.86 Durable goods.................................................... Lumber and wood products ............................ Furniture and fixtures...................................... Stone, clay, and glass products ...................... Primary metal industries.................................. Fabricated metal products .............................. 7.13 6.08 5.06 6.85 8.97 6.84 7.76 6.56 5.48 7.51 9.76 7.44 7.56 6.28 5.39 7.34 9.53 7.27 7.60 6.40 5.42 7.45 9.61 7.32 7.69 6.56 5.49 7.53 9.65 7.42 7.77 6.72 5.52 7.60 9.82 7.42 7.78 6.76 5.54 7.64 9.84 7.48 7.93 6.80 5.58 7.69 9.95 7.62 8.02 6.76 5.59 7.74 10.09 7.68 8.13 6.79 5.62 7.82 10.28 7.75 8.24 6.77 5.69 7.83 10.35 7.86 8.25 6.82 5.70 7.87 10.36 7.87 8.27 6.84 5.73 7.89 10.56 7.90 8.33 6.81 5.76 7.92 10.55 7.98 8.39 6.86 5.81 8.03 10.68 8.03 Machinery, except electrical............................ Electric and electronic equipment.................... Transportation equipment................................ Instruments and related products .................... Miscellaneous manufacturing .......................... 7.32 6.32 8.54 6.17 5.03 8.04 6.96 9.34 6.81 5.45 7.81 6.79 9.04 6.63 5.37 7.91 6.78 9.06 6.72 5.40 7.97 6.87 9.24 6.80 5.42 8.05 6.96 9.34 6.86 5.46 8.07 7.02 9.35 6.86 5.46 8.28 7.14 9.56 6.92 5.51 8.36 7.20 9.77 6.95 5.55 8.44 7.29 9.89 7.02 5.60 8.57 7.39 10.11 7.14 5.72 8.59 7.42 9.98 7.19 5.81 8.63 7.45 9.94 7.20 5.81 8.66 7.49 10.09 7.24 5.84 8.71 7.53 10.14 7.28 5.89 Nondurable goods.............................................. Food and kindred products.............................. Tobacco manufactures.................................... Textile mill products........................................ Apparel and other textile products .................. Paper and allied products................................ 6.00 6.27 6.65 4.66 4.23 7.13 6.54 6.86 7.66 5.07 4.57 7.85 6.36 6.75 7.79 4.91 4.46 7.63 6.42 6.82 7.64 4.90 4.45 7.65 6.48 6.84 7.97 4.93 4.51 7.79 6.60 6.89 8.06 5.06 4.50 7.97 6.62 6.90 7.74 5.19 4.60 7.99 6.69 6.93 7.42 5.24 4.70 8.06 6.72 6.95 7.56 5.26 4.73 8.09 6.80 7.09 7.74 5.30 4.75 8.18 6.86 7.13 8.00 5.33 4.81 8.28 6.94 7.21 8.42 5.34 4.89 8.27 6.95 7.25 8.47 5.34 4.87 8.28 6.98 7.30 8.54 5.35 4.94 8.29 7.04 7.37 8.76 5.34 4.97 8.37 Printing and publishing.................................... Chemicals and allied products ........................ Petroleum and coal products .......................... Rubber and miscellaneous plastics products . . . Leather and leather products .......................... 6.95 7.60 9.36 5.96 4.22 7.54 8.29 10.09 6.49 4.57 7.34 8.12 9.83 6.30 4.52 7.44 8.17 10.07 6.34 4.53 7.46 8.24 10.22 6.39 4.54 7.53 8.35 10.25 6.48 4.54 7.63 8.39 10.22 6.57 4.59 7.73 8.46 10.33 6.63 4.61 7.75 8.52 10.39 6.70 4.64 7.79 8.59 10.52 6.79 4.68 7.88 8.68 10.37 6.89 4.73 7.92 8.73 11.06 6.96 4.85 7.96 8.79 11.32 6.95 4.87 8.02 8.81 11.20 6.98 4.89 8.02 8.90 11.28 7.07 4.90 TRANSPORTATION AND PUBLIC UTILITIES.............. 8.17 8.89 8.71 8.72 8.75 8.90 8.95 9.04 9.20 9.28 9.31 9.35 9.46 9.42 9.52 WHOLESALE AND RETAIL TRADE ............................ 5.06 5.48 5.40 5.42 5.43 5.48 5.48 5.56 5.59 5.64 5.61 5.80 5.84 5.85 5.86 WHOLESALE TRADE.................................................. 6.39 6.97 6.87 6.89 6.95 6.99 7.01 7.08 7.10 7.20 7.24 7.33 7.39 7.43 7.44 RETAIL TRADE.......................................................... 4.53 4.88 4.80 4.82 4.83 4.88 4.89 4.95 4.98 5.02 4.99 5.18 5.20 5.20 5.22 FINANCE, INSURANCE, AND REAL ESTATE .................................................................. 5.27 5.78 5.68 5.70 5.77 5.77 5.82 5.87 5.91 6.01 6.00 6.10 6.21 6.18 6.12 SERVICES.................................................................. 5.36 5.85 5.75 5.79 5.81 5.79 5.81 5.93 6.00 6.10 6.12 6.22 6.28 6.29 6.29 18. Hourly Earnings Index for production or nonsupervisory workers on private nonagricultural payrolls, by industry division [Seasonally adjusted data: 1967=100] 1980 1981 Industry TOTAL PRIVATE (in current dollars) Mining.......................................... Construction ................................ Manufacturing .............................. Transportation and public utilities . . . Wholesale and retail trade ............ Finance, insurance, and real estate . Services ...................................... TOTAL PRIVATE (in constant dollars) 80 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.p Apr.p 246.2 Mar. 1981 to Apr. 1981 Apr. 1980 to Apr. 1981 248.3 250.9 252.1 254.0 255.4 257.9 260.9 261.9 264.4 266.6 268.5 269.2 0.3 9.3 283.7 284.2 233.0 234.2 252.4 255.0 267.2 . 268.7 238.0 239.8 224.9 226.3 243.0 245.7 286.3 235.3 258.3 270.6 241.8 230.2 248.4 285.3 236.7 260.6 272.8 243.5 229.0 247.6 288.9 239.0 262.4 273.2 245.3 232.7 249.8 290.4 239.3 264.5 274.0 246.5 233.1 251.7 294.4 241.6 266.6 280.2 247.7 234.8 254.2 298.7 243.0 268.9 283.4 250.9 239.3 258.5 302.3 245.3 270.4 284.1 250.9 238.0 259.4 306.6 247.8 272.6 285.9 254.6 240.2 261.3 309.2 248.1 274.6 289.6 256.7 244.1 263.9 311.0 249.8 276.7 291.1 258.6 245.2 265.7 309.1 250.2 279.2 292.7 258.4 241.9 265.6 -.6 .2 .9 .5 -.1 -1.4 8.9 7.4 10.6 9.6 8.6 7.5 9.3 101.5 101.6 102.1 102.0 101.5 101.4 101.5 100.8 101.0 100.9 101.0 101.5 19. Weekly earnings, by industry division and major manufacturing group [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] Annual average 1980 Industry division and group 1979 TOTAL PRIVATE 1980 Apr. May 1981 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.p Apr.p $242.16 $244,63 $247.06 $246.75 $246.74 $249,92 $249,56 $219.30 $235.10 $233.33 $234.39 $237.14 $240.04 MINING 365.50 396.58 389.48 387.72 395.71 380 45 395.66 405.42 407.60 413.69 422.48 425.43 422.44 415.11 417.53 CONSTRUCTION 342.99 367.78 355.62 360.51 371.80 373.61 374.87 38620 388.48 377.20 383.99 379.65 364.70 388.00 384.19 MANUFACTURING 268.94 28862 279.35 280.21 283.68 28285 286.89 294.57 298.10 305.12 313.75 308.43 305.73 310.82 312.04 Durable goods Lumber and wood products........................ Furniture and fixtures ................................ Stone, clay, and glass products.................. Primary metal industries ............................ Fabricated metal products.......................... 290.90 239.55 195.82 284.28 371.36 278.39 311.95 253.22 208,79 306.41 391.38 300.58 301.64 232.99 204.28 296.54 386.92 292.25 301.72 240.64 202.17 302.47 377.67 292.07 306.06 251.90 204.78 308.73 377.32 297.54 303.81 256.70 199.82 306.28 379.05 290.86 308.87 264.99 208.30 310.95 383.76 299.20 318.79 267.24 213.71 316.06 397.01 308.61 323.21 264.99 215.22 319.66 402.59 311.04 330.89 266.17 215.81 323.75 419.42 316.98 341.96 268.09 225.32 325.73 430.56 326.98 333.30 264.62 217.17 317.95 425.80 317.95 329.97 262.66 218.89 312.44 429.79 316.00 337.37 266.27 223.49 322.34 433,61 323.19 337.28 268.23 221.36 326.82 436.81 322.81 Machinery except electrical........................ Electric and electronic equipment................ Transportation equipment .......................... Instruments and related products................ Miscellaneous manufacturing...................... 305.98 254.70 350.99 251.74 195.16 330.44 277.01 379.20 275.81 210.92 320.21 268 88 359.79 267.85 206.21 322.73 266.45 361.49 270.82 206.28 325.18 270.68 368.68 275.40 207.59 322.00 267.96 368.93 271.66 206.39 326.03 275.18 374.00 273.71 210.21 339.48 283.46 389.09 277.49 215.44 340.25 287.28 401.55 280.09 215.90 348.57 294.52 412.41 287.12 218.96 361.65 302.99 435.74 294.17 225.94 353.91 297.54 408.18 291.91 224.27 352.10 295.02 398.59 291.60 223.10 356.79 301.10 414.70 293.94 227.18 355.37 300.45 416.75 290.47 225.59 Nondurable goods Food and kindred products ........................ Tobacco manufactures .............................. Textile mill products .................................. Apparel and other textile products.............. Paper and allied products .......................... 235.80 250.17 252.70 188.26 149.32 303.74 255.06 272.34 291.85 202.80 161.78 332.06 246.13 26258 297.58 195.91 157.44 321.99 248.45 270.75 295.67 195.02 157.09 318.24 251.42 270.86 305.25 195.23 160.56 324.84 254.10 274.91 294.19 194,81 158.85 329.96 257.52 278.07 284.83 203.45 162.84 333.98 261.58 279.28 283.44 208.55 165.44 341.74 262.75 275.92 303.16 209.87 167.44 341.40 267.24 284.31 309.60 213.59 168.15 350.10 273.03 287.34 304.80 217.46 172.68 361.84 271.35 288.40 324.17 213.07 172.13 353.96 269.66 284.93 325.25 212.53 171.91 350.24 272.22 286.16 317.69 214.00 176.85 351.50 273.15 290.38 324.12 210.93 173.95 354.89 Printing and publishing................................ Chemicals and allied products.................... Petroleum and coal products...................... Rubber and miscellaneous plastics products.................................... Leather and leather products...................... 260.63 318.44 409.97 279.73 344.04 421.76 270.11 337.79 404.01 274.54 337.42 425.96 273.78 339.49 432.31 277.10 339.85 437.68 283.84 343.15 431.28 288.33 349.40 448.32 288.30 352.73 454.04 289.79 360.78 458.67 300.23 365.43 449.02 293.83 362.30 471.16 292.93 364.79 481.10 296.74 365.62 476.00 295.14 368.46 486.17 241.38 154.03 260.25 167.72 250.11 165.88 247.26 167.61 251.13 169.80 250.13 165.26 262.80 167.99 267.19 166.88 272.69 169.36 279.07 169.88 286.62 174.54 284.66 177.51 278.70 178.24 284.09 180.93 285.63 178.85 TRANSPORTATION AND PUBLIC UTILITIES 325.98 35204 344.05 342.70 346.50 355.11 355.32 358.89 366.16 368.42 372.40 368.39 373.67 371.15 374.14 WHOLESALE AND RETAIL TRADE 164.96 175.91 171.72 172.90 175.39 178.10 179.20 178,48 179.44 180.48 181.76 183.86 185.13 186.03 187.52 WHOLESALE TRADE 247.93 268.35 263.81 265.27 265.49 267.02 269.18 272.58 274.77 277.92 281.64 282.21 283.04 286.06 286.44 RETAIL TRADE 138.62 146.89 142.56 144.12 146.83 149.82 151.10 149.00 149.40 150.60 152.20 152.81 153.92 154.44 156.08 FINANCE, INSURANCE, AND REAL ESTATE 190.77 209.24 205.62 205.77 210.03 208.87 211.27 211.91 214.53 218.16 217.80 221.43 226.04 224.33 220.93 SERVICES........................................................ 175.27 190.71 186.30 187.02 190.57 191.65 192.31 192.73 195.60 198.86 199.51 202.15 204.73 205.05 205.05 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $228.55 $229.95 81 MONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Establishment Data 20. Gross and spendable weekly earnings, in current and 1967 dollars, 1960 to date [Averages for production or nonsupervisory workers on private nonagricultural payrolls] Private nonagricultural workers Year and month 1960 .......................................... Gross average weekly earnings Manufacturing workers Spendable average weekly earnings Worker with no dependents Spendable average weekly earnings Married worker with 3 dependents weekly earnings Worker with no dependents Married worker with 3 dependents Current dollars 1967 dollars Current dollars 1967 dollars Current dollars 1967 dollars Current dollars 1967 dollars Current dollars 1967 dollars Current dollars 1967 dollars $80.67 $90.95 $65.59 $73,95 $72.96 $82.25 $89.72 $101.15 $72.57 $81.82 $80.11 $90.32 1961 1962 1963 1964 1965 .......................................... .......................................... .......................................... .......................................... .......................................... 82.60 85.91 88,46 91.33 95.45 92.19 94.82 96.47 98.31 101.01 67.08 69.56 71.05 75.04 79.32 74.87 76.78 77.48 80.78 83.94 74.48 76.99 78.56 82.57 86.63 83.13 84.98 85.67 88.88 91.67 92.34 96.56 99.23 102.97 107.53 103.06 106.58 108.21 110.84 113.79 74.60 77.86 79.51 84.40 89.08 83.26 85.94 86.71 90.85 94.26 82.18 85.53 87.25 92.18 96.78 91.72 94.40 95.15 99.22 102.41 1966 1967 1968 1969 1970 .......................................... .......................................... .......................................... .......................................... .......................................... 98.82 101,84 107.73 114.61 119.83 101.67 101.84 103.39 104.38 103.04 81.29 83.38 86.71 90.96 96.21 83.63 83.38 83.21 82.84 82.73 88.66 90.86 95.28 99.99 104.90 91.21 90.86 91.44 91.07 90.20 112.19 114.49 122.51 129.51 133.33 115.42 114.49 117.57 117.95 114.64 91.45 92.97 97.70 101.90 106.32 94.08 92.97 93.76 92.81 91.42 99.33 100.93 106.75 111.44 115.58 102.19 100.93 102.45 101.49 99.38 1971 1972 1973 1974 1975 .......................................... .......................................... .......................................... .......................................... .......................................... 127.31 136.90 145.39 154.76 163.53 104.95 109.26 109.23 104.78 101.45 103.80 112.19 117.51 124.37 132.49 85.57 89.54 88.29 84.20 82.19 112.43 121.68 127.38 134.61 145.65 92.69 97.11 95.70 91.14 90.35 142.44 154.71 166.46 176.80 190.79 117.43 123.47 125.06 119.70 118.36 114.97 125.34 132.57 140.19 151.61 94.78 100.03 99.60 94.92 94.05 124.24 135.57 143.50 151.56 166.29 102.42 108.20 107.81 102.61 103.16 1976 1977 1978 1979 1980 .......................................... .......................................... .......................................... .......................................... .......................................... 175.45 189.00 203.70 219.30 235.10 102.90 104.13 104.30 100.73 95.18 143.30 155.19 165.39 177.55 188.82 84.05 85.50 84.69 81.56 76.45 155.87 169.93 180.71 194.35 206.40 91.42 93.63 92.53 89.27 83.56 209.32 228.90 249.27 268.94 288.62 122.77 126.12 127.63 123.54 116.85 167.83 183.80 197.40 212.43 225.79 98.43 101.27 101.08 97.58 91.41 181.32 200.06 214.87 232.07 247.01 106.35 110.23 110.02 106.60 100.00 1980: April ................................ May ................................ June................................ 228.55 229.95 233.33 94.21 93.82 94.16 184.25 185.23 187.59 75.95 75.57 75.70 201.43 202.49 205.06 83.03 82.62 82.75 279.35 280.21 283.68 115.15 114.32 114.48 219.49 220.08 222.43 90.47 89.79 89.76 239.97 240.63 243.26 98.92 98.18 98.17 July.................................. August ............................ September ...................... 234.39 237.14 240.04 94.51 95.01 95.29 188.33 190.25 192.28 75.94 76.22 76.33 205.86 207.95 210.15 83.01 83.31 83.43 282.85 286.89 294.57 114.05 114.94 116.94 221.87 224.61 229.82 89.46 89.99 91.23 242.63 245.69 251.52 97.83 98.43 99.85 October............................ November........................ December........................ 242.16 244.63 247.06 95.30 95.41 95.50 193.76 195.48 197.18 76.25 76.24 76.22 211.76 213.63 215.47 83.34 83.32 83.29 298.10 305.12 313.75 117.32 119.00 121.28 232.22 236.98 242.60 91.39 92.43 93.78 254.20 259.52 265.84 100.04 101.22 102.76 1981: January ............................ February.......................... March p ............................ Aprilp .............................. 246.75 246.74 249.92 249.56 94.65 93.64 94.24 (’ ) 195.68 195.67 197.88 197.63 75.06 74.26 74.62 (’ ) 213.96 213.95 216.34 216.07 82.07 81.20 81.58 308.43 305.73 310.82 312.04 118.31 116.03 117.20 (’ ) 237.60 235.81 239.11 239.89 91.14 89.49 90.16 260.36 258.40 262.09 262.97 99.87 98.06 98.83 (’ ) (’ > ( ') 'Not available. NOTE: The earnings expressed in 1967 dollars have been adjusted for changes in price level as measured by the Bureau’s Consumer Price Index for Urban Wage Earners and Clerical Workers. These series are described in "The Spendable Earnings Series: A Technical Note on its Cal- Digitized for82 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis culation, Employment and Earnings and Monthly Report on the Labor Force, February 1969, PP ®ee a*so Spendable Earnings Formulas, 1979-81, Employment and Earnings, March 1981, pp. 10-11. UNEM PLOYM ENT INSURANCE DATA U n e m p l o y m e n t i n s u r a n c e d a t a are compiled monthly by the Employment and Training Administration of the U.S. De partment of Labor from records of State and Federal unem ployment insurance claims filed and benefits paid. Railroad unemployment insurance data are prepared by the U.S. Rail road Retirement Board. ployed. Persons not covered by unemployment insurance (about onethird of the labor force) and those who have exhausted or not yet earned benefit rights are excluded from the scope of the survey. Ini 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. 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. Num 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 21. Unemployment insurance and employment service operations [All items except average benefits amounts are in thousands] 1981 1980 Item Apr. Mar. All programs: Insured unemployment ...................... State unemployment insurance program:' 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 claims' .................................... Insured unemployment (average weekly volume).............................. Weeks of unemployment compensated ................................ Total benefits paid ............................ Unemployment compensation for Federal civilian employees:4 Initial claims ...................................... Insured unemployment (average weekly volume).............................. Weeks of unemployment compensated ................................ Total benefits paid ............................ May June July Aug. Sept. Oct. Nov. Dec. Jan. Mar. Feb. 3,652 3,629 3,680 3,790 4,140 3,911 3,961 3,661 3,726 4,085 4,621 4,264 1,705 2,190 2,248 2,319 2,737 1,829 1,702 1,808 1,673 2,544 2,653 1,806 3,356 3.9 3,278 3.8 3,343 3.9 3,455 4.0 3,692 4.3 3,408 3.9 3,087 3.6 2,903 3.3 2,983 3.4 3,321 3.8 3,844 4.4 3,669 4.2 13,170 12,689 12,302 12,441 14,398 12,786 11,689 11,443 9,524 12,603 14,228 12,882 $99.15 $99.52 $99.55 $99.88 $98.75 $99.68 $99.86 $92.32 $1,218,231 $1,232,173 $1,196,836 $1,213,595 $1,397,508 $1,249,782 $1,144,885 $1,125,416 3,948 3,382 3.9 $102.34 $101.89 $101.96 $101.43 $1,055,065 $1,242,957 $1,416,513 $1,313,507 21 21 20 23 27 23 25 23 17 21 19 17 63 52 50 45 58 55 56 56 54 55 57 54 249 $24,928 246 $24,518 220 $22,025 122 $11,761 331 $33,342 244 $24,560 245 $24,804 255 $25,880 216 $21,024 261 $27,015 257 $26,646 221 $22,517 12 11 12 14 17 15 19 21 14 18 22 13 30 25 22 20 26 25 29 32 35 37 41 40 123 $11,901 108 $10,323 88 $8,280 50 $4,665 124 $11,296 93 $8,707 105 $9,699 130 $11,917 118 $11,365 150 $14,184 160 $15,432 148 $14,573 5 4 6 24 44 13 10 9 7 11 13 5 5 51 36 Railroad unemployment insurance: Applications ...................................... Insured unemployment (average weekly volume).............................. Number of payments ........................ Average amount of benefit payment........................................ Total benefits paid ............................ 30 68 27 62 23 54 27 55 44 66 39 86 40 89 38 84 38 70 39 83 53 118 50 104 44 115 $210.79 $13,884 $201.87 $13,002 $193.44 $9,953 $199.06 $10,140 $207.08 $13,320 $211.87 $17,336 $211.99 $18,809 $208.49 $17,789 $209.00 $14,269 $212.27 $18,046 $209.38 $20,303 $214.56 $22,049 $214.93 $23,233 Employment service:5 New applications and renewals .......... Nonfarm placements.......................... 8,708 1,853 10,021 2,143 11,446 2,413 12,864 2,730 14,249 3,105 15,431 3,445 16,632 3,827 11nitial 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 4,476 871 4 Includes the Virgin islands. Excludes data on claims and payments made jointly with State pro grams. 5Cumulative total for fiscal year (October 1-September 30). Data computed quarterly. NOTE: Data for Puerto Rico included. Dashes indicate data not available. 83 PRICE DATA P r i c e d a t a are gathered by the Bureau of Labor Statistics from retail and primary markets in the United States. Price indexes are given in relation to a base period (1967 = 100, unless otherwise noted). 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 mea sures 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. 84 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 Standard Industrial Classification Manual 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 24.) 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 Facts About the Revised Consumer Price Index, a pamphlet in the Consumer Price Index Revision 1978 series. See also The Consumer Price Index: Concepts and Content Over 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 Handbook o f Labor Statistic*. 1977, Bulletin 1966 (Bureau of Labor Statistics, 1977), tables 122-133. Additional data and analysis on price changes are provided in the CPI Detailed Report and Producer Prices and 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 BLS Handbook o f Methods for Surveys and Studies, Bulletin 1910 (Bureau of Labor Statistics, 1976), chapters 13-15. See also John F. Early, “Improving the mea surement of producer price change,” Monthly Labor Review, April 1978, pp. 7-15. For industry prices, see also Bennett R. Moss, “In dustry and Sector Price Indexes,” Monthly Labor Review, August 1965, pp. 974-82. 22. Consumer Price Index for Urban Wage Earners and Clerical Workers, annual averages and changes, 1967-80 [1967 = 100] Food and beverages All items Year Index Percent change Index Percent change Apparel and upkeep Housing Index Percent change Index Transportation Percent change Index Percent change Medical care Index Other goods and services Entertainment Percent change Percent change Index Index Percent change 1967 1968 1969 1970 .................. .................. .................. .................. 100.0 104.2 109.8 116.3 4.2 5.4 5.9 100.0 103.6 108.8 114.7 3.6 5.0 5.4 100.0 104.0 110.4 118.2 4.0 6.2 7.1 100.0 105.4 111.5 116.1 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 5.2 4.9 5.8 1971 1972 1973 1974 1975 .................. .................. .................. .................. .................. 121.3 125.3 133.1 147.7 161.2 4.3 3.3 6.2 11.0 9.1 118.3 123.2 139.5 158.7 172.1 3.1 4.1 13.2 13.8 8.4 123.4 128.1 133.7 148.8 164.5 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 1238 1377 150.6 52 1j 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 3.9 7.2 8.4 1976 1977 1978 1979 1980 .................. .................. .................. .................. .................. 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 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 11.3 159.8 167.7 176.2 187.6 203.7 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 8.8 23. 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] All Urban Consumers General summary 1980 Mar. Oct. Urban Wage Earners and Clerical Workers (revised) 1981 Nov. Dec. Jan. Feb. 1980 Mar. Mar. 1981 Oct. Nov. Dec. Jan. Feb. Mar. All items........................................................................ 239.8 253.9 256.2 258.4 260.5 263.2 265.1 239.9 254.1 256.4 258.7 260.7 263.5 265.2 Food and beverages .................................................................... Housing........................................................................................ Apparel and upkeep...................................................................... Transportation .............................................................................. Medical care ................................................................................ Entertainment .............................................................................. Other goods and services.............................................................. 241.0 254.5 176.0 243.7 260.2 200.6 2089 255.5 271.1 183.9 256.1 272.8 210.9 221.5 257.4 27^.8 184.8 259.0 274.5 211.2 222.8 259.3 279.9 183.9 261.1 275.8 212.0 224.6 261.4 279.1 181.1 264.7 279.5 214,4 226.2 263.7 280.9 182.0 270.9 282.6 216.7 227.4 265.0 282.6 185.1 273.5 284.7 218.2 228.7 241.2 254.4 175.1 244.3 260.9 199.5 208.3 256.6 271,0 182.8 256.6 274.3 209.2 219.9 258.7 273.7 183.3 259.7 276.3 209.9 221.0 260.5 277.1 182.9 261.9 277.6 210.1 223.0 262.1 279.1 180.8 265.7 281.4 212.2 224.4 264.3 280.7 181.8 272.1 284.4 215.0 225.6 265.5 282.2 184.3 274.4 287.0 216.1 226.8 Commodities............................................................................ Commodities less food and beverages .................................... Nondurables less food and beverages.................................. Durables............................................................................ 228.0 218.4 237.5 203.0 240.7 230.2 244.4 218.1 242.5 232.0 245.3 220.6 243.8 232.9 246.8 221.1 245.4 234.3 250.2 221.0 248.3 237.4 258.6 220.3 249.8 239.0 263.1 219.8 228.1 218.7 239.8 201.2 240.8 230.0 246.1 216.3 242.9 232.0 247.1 218.9 244.3 233.1 248.8 219.7 245.8 234.7 252.6 219.5 248.8 237.9 261.4 218.6 250.2 239.4 265.7 217.8 Services ...................................................................................... Rent, residential.................................................................. Household services less rent .............................................. Transportation services........................................................ Medical care services.......................................................... Other services.................................................................... 261.3 186.6 307.3 233.4 281.5 212.9 277.9 197.1 327.4 250.8 294.8 226.7 280.9 198.3 331.9 253.3 296.6 2272 284.7 199.6 338.4 255.8 297.9 228.1 287.7 200.9 342.3 258.7 302.1 230.4 290.1 201.9 345.4 260.5 305.2 232.3 292.5 203.0 348.8 262.5 307.5 233.2 261.7 186.4 309,6 232.7 282.2 213.5 278.6 196.8 330.3 249.6 296.6 227.4 281.5 198.0 334.8 252.2 298.7 227.9 285.5 199.4 341.9 254.7 300.0 228.4 288.4 200.6 345.5 257.7 304.3 230,2 290.8 201.6 348.5 259.7 307.4 232.1 293.1 202.7 351.8 261.3 310.2 233.0 All Items less food ................................................................ All items less mortgage interest costs ............................................ Commodities less food.................................................................. Nondurables less food .............................................................. Nondurables less food and apparel................................................ Nondurables ................................................................................ Services less rent ........................................................................ Services less medical ca re ............................................................ Domestically produced farm foods ................................................ Selected beef cuts........................................................................ Energy ........................................................................................ All items less energy .................................................................... All items less food and energy ............................................ Commodities less food and energy.................................... Energy commodities ........................................................ Services less energy........................................................ 237.1 229.8 216.7 232.6 264.1 240.3 275.4 257.4 231.2 270.2 355.0 230.8 225.7 196.5 398.5 259.6 250.9 243.0 228.3 239.6 271.1 251.0 293.2 274.2 247.3 276.8 368.0 245.1 239.7 209.4 399.1 274.9 253.2 244.5 230.0 240.5 272.1 252.4 296.4 277.2 249.2 278.9 366.1 247.7 242.4 211.2 400,2 278.6 255.5 245.9 231.0 242.0 274.7 254.1 300.7 281.2 251.1 276.2 370.4 249.7 244.5 211.7 404.9 282.4 257.6 247.8 232.4 245.3 281.1 256.9 304.2 284.2 252.4 276.2 381.7 251.2 245.7 211.5 c 420.4 285.4 260.4 250.6 235.4 253.2 292.4 262.3 306.9 286.5 254,0 273.0 401.1 252.5 246.8 211.7 449.0 287.6 262.3 252.3 237.0 257,5 297.3 265.2 309.5 288.9 255.4 270.9 409.3 253.8 248.1 212.2 460.0 289.9 237.3 230.2 216.9 234.8 266.3 241.4 275.9 257.7 231.0 272.3 359.6 230.0 224,6 195.1 400.3 260.0 251.0 243.5 228.2 241.3 272,8 252,3 294.2 274.7 247.0 279.0 371.1 244.5 238.7 207.8 400.3 275.6 253.4 245.1 230.1 242.2 273.9 253.8 297.4 277.7 249.1 280.7 369.5 247.2 241.5 209.9 401.3 279.3 255.7 246.7 231.2 243,9 276.6 255.6 302.0 281.9 251.1 278.4 373.7 249.3 243.6 210.6 405.9 283.4 257.9 248,5 232.7 247.5 283.0 258.3 305.2 284.7 252.1 277.9 385.2 250.6 244.8 210.4 421.3 286.2 260,8 251.4 236.0 255.9 294.7 263.8 307.9 287.0 253.9 275.1 405.4 251.8 245.8 210.5 450.1 288.4 262.6 252.9 2374 259.9 299.5 266.6 310.4 289.2 254.9 273.9 413.7 252.9 246.9 210,7 460.9 290.6 Purchasing power of the consumer dollar, 1967 = $1 .................... $0,417 $0,394 $0,390 $0,387 $0,384 $0,380 $0,377 $0,417 $0,394 $0,390 $0,387 $0,384 $0,380 $0,377 Special indexes: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 85 M ONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Consumer Prices 23. Continued— Consumer Price Index— U.S. city average [1967=100 unless otherwise specified] All Urban Consumers General summary 1980 Urban Wage Earners and Clerical Workers (revised) 1981 1980 1981 Mar. Oct. Nov. Dec. Jan. Feb. Mar. FOOD AND BEVERAGES 241.0 255.5 257.4 259.3 261.4 263.7 Food.................................................................................................. 247.3 262.4 264.5 266.4 268.6 270.8 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 and 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) .......... 243.6 238.6 126.6 126.6 126.0 127.6 126.1 212.0 125.6 127.0 124.4 124.4 120,2 125.0 260.0 253.7 137.5 133.2 139.3 138.9 133.1 222.7 132.5 133.4 132.5 131.0 126.4 133.4 262.1 255.8 138.7 132.9 141.1 140.5 134.3 224.9 133.1 134.6 133.4 133.1 125.6 135.3 263.9 258.5 140.8 133.5 143.8 143.1 135.4 226.3 134.1 135.4 135.3 134.9 126.9 135.9 265.6 262.9 143.2 135.9 145.8 146.0 137.7 229.5 137.1 137.6 138.5 138.0 127.0 138.0 267.3 265.3 144.5 137.5 146.5 147.9 139.0 231.4 137.3 138.9 139.5 139.0 128.6 140.4 127.9 135.3 136.2 137.5 139.7 141.4 141.9 124.0 130.9 132.4 134.0 Meats, poultry, fish, and eggs .......................................................... Meats, poultry, and fish ............................................................ Meats .............................................................................. Beef and veal ................................................................ Ground beef other than canned.................................... Chuck roast................................................................ Round roast................................................................ Round steak .............................................................. Sirloin steak................................................................ Other beef and veal (12/77 = 100) ............................ Pork.............................................................................. 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 ...................................................................................... 237.8 243.8 245.7 269.1 275.3 286.2 244.2 254.2 254.3 153.8 202.6 187.6 190.7 95.8 257.6 219.3 113.6 245.8 244.6 135.5 121.8 142.3 180.7 179.5 116.8 118.2 322.6 120.4 124.3 164.5 252.6 259.0 258.7 275.8 275.8 284.4 250.6 258.9 270.7 161.0 225.8 224.7 207.8 105.5 282.4 232.5 127.6 259.4 260.9 146.5 127.8 146.1 209.1 216.7 134.7 128.7 336.6 133.9 124.8 175.3 254.9 260.7 261.1 277.9 277.1 291.7 251.2 263.8 271.8 161.8 228.6 229.5 208.5 107.9 283.5 237.7 128.4 261.8 262.6 148.4 129.7 146.1 204.1 208.7 131.8 128.0 343.0 136.0 127.5 185.2 255.7 259.9 260.0 275.3 276.1 288.5 245.7 260.2 267.6 160.4 229.1 231.9 208.7 107.8 285.6 238.4 127.6 262.8 264.0 149.1 129.9 146.6 202.7 206.9 131.6 126.6 346.9 136.4 129.6 206.6 255.1 260.6 259.7 275.3 276.3 285.3 250.0 262.4 264.9 160.3 228.2 228.1 211.6 104.1 287.8 241.1 127.4 262.9 262.5 151.2 130.3 145.0 202.4 202.5 132.7 128.7 358.0 137.4 135.7 190.2 252.5 257.9 256.4 272.3 272.8 288.1 248,0 259.0 262.0 157.7 223.6 221.7 210.3 100.0 282.3 238.0 125.4 260.8 259.4 149.4 129.8 144.1 203.7 207.0 131.9 128.5 355.0 138.0 133.5 188.2 250.5 256.2 254.4 270.3 269.7 284.1 243.9 256.1 259.8 157.8 221.6 218.5 209.3 98.7 281.0 236.6 124.2 258.5 257.8 147.0 128.1 144.7 201.6 203.1 131.6 127.6 358.8 138.9 135.3 180.5 237.1 243.0 245.0 270.8 278.7 293.4 244.5 251.1 256.0 153.7 203.0 189.4 190.5 94.7 259.8 217.4 113.7 241.5 242.8 132.2 118.8 144.3 ■177.4 172.5 116.3 117.7 320.2 119.5 123.5 164.3 251.8 258.1 258.1 277.4 278.9 294.0 251.1 257.9 272.8 160.3 225.8 226.0 207.3 103.5 283.2 2352 127.9 255.8 260.3 143.6 125.5 146.5 205.4 210.5 133.5 127.1 333.8 131.2 124.6 174.4 254.2 259.9 260.3 279.1 280.4 301.9 249.9 261.8 274.9 160.3 228.5 232.3 204.8 106.0 285.9 242.2 128.8 259.0 262.6 145.7 127.5 147.7 201.4 203.5 131.6 126.5 340.0 133.5 127.0 185.7 255.0 259.2 259.3 276.8 281.0 296.0 246.6 257.6 269.7 159.2 228.8 234.1 206.8 105.7 287.2 242.6 127.4 259.4 263.4 145.2 127.7 148.5 201.1 202.2 132.3 126.2 343.1 133.7 128.8 206.6 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)................................ 220.3 124.1 204.0 122.7 125.1 218.3 124.9 125.1 121.6 232.7 129.1 211.3 129.1 134.9 238.9 133.4 138.0 129.0 235.4 130.4 213.3 130.5 136.9 241.5 135.9 139.1 130.6 238.0 131.9 216.2 131.4 138.2 241.0 137.0 141.4 132.4 240.1 133.0 218.2 132.1 139.6 242.7 138.2 143.6 133.3 242.1 134.0 219.3 134.2 140.8 242.2 139.2 145.9 134.5 242.6 134.3 219.9 134.4 141.1 243.0 139.8 145.3 135.1 221.1 124.2 203.8 123.1 126.2 220.9 125.5 127.2 121.9 233.1 129.1 211.0 129.5 135.8 242.5 133.8 139.1 129.4 235.9 130.4 213.0 131.0 137.9 244.4 136.2 140.9 131.9 238.8 132.2 216.5 131.9 139.2 244.1 137.4 143.2 133.1 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) ........................ 232.4 229.9 245.4 250.2 243.9 238.1 127.4 215.5 203.3 208.3 201.4 125.4 254.2 262.3 272.9 242.2 233.4 312.9 145,4 252,4 295.6 249.1 237.3 129.7 253.3 258.3 258.6 213.5 235.7 316.6 134.9 258.0 293.0 273.5 192.2 139.6 255.6 262.0 251.8 218.8 244.1 299.3 128.6 271.5 297.7 255.3 206.1 156.3 257.6 263.9 245.6 220,8 237.8 272.9 127.8 281.1 326.1 234.2 247.2 157.8 267.3 278.1 256.8 217.1 256.9 284.9 135.9 298.0 350.2 220.4 312.8 163.5 278.2 293.9 265.2 227.9 264.1 287,4 141.1 320.8 363.9 225.2 367.8 177.0 230.1 227.4 245.4 249.0 240.8 240.9 126.9 211.3 200,3 203.8 197.2 123.0 252.3 259.6 270.4 243.7 230.2 301.5 145.6 249.9 292.0 241.3 235.6 129.6 251.4 255.7 255.5 213.0 232.0 300.4 136.4 256.0 289.9 267.2 188.9 140.0 Processed fruits and vegetables ........................................ Processed fruits (12/77 = 100) ...................................... Frozen fruit and fruit juices (12/77 = 100).................... Fruit juices and other than frozen (12/77 = 100) .......... Canned and dried fruits (12/77 - 100) ........................ Processed vegetables (12/77 = 100).............................. Frozen vegetables (12/77 = 100)................................ 237.2 123.9 117.7 127.2 125.5 114.6 112.6 247.5 127.8 118.8 131.0 132.0 120.8 120.3 250.1 129.1 120.5 131.9 133.3 122.2 121.8 250.9 129.0 120.6 131.6 133.1 123.1 122.1 253,0 129.9 120.7 133.2 134.1 124.2 124.1 257.8 133.5 127.1 137.2 134.9 125.5 124.4 263.3 137.6 135.3 141.2 135.7 127.0 126.9 235.0 123.9 116.5 127.4 125.9 113.0 111.9 246.4 128.5 118.8 131.9 132.7 119.6 120.3 248.8 129.4 120.7 132.3 133.5 121.0 121.7 Digitized for 86FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Mar. Oct. Nov. 265.0 241.2 256.6 258.7 260.5 262.1 264.3 265.5 272.2 247.5 263.4 265.7 267.6 269.2 271.4 272.6 268.6 266.7 145.2 138.5 146,9 148,9 139.7 232.9 137.9 140.1 140.0 139.7 129.1 141.1 243.1 239.3 127.7 127.5 126.6 129.4 126.2 212.1 129.3 124.9 123.2 125.6 121.8 126.2 259.7 254.3 138.5 133.8 139.3 141.6 133.3 222.6 135.8 132.1 132.6 132.5 126.5 134.1 262.0 256.8 139.7 133.6 141.5 142.7 134.7 225.2 137.0 134.1 133.1 134.5 125.7 136.1 263.9 259.5 142.3 134.4 145.0 145.8 135.7 226.6 137.9 135.1 134.2 136.1 126.5 136.4 265.1 263.0 144.5 136.8 147.2 147.8 137.5 229.4 139.4 136,4 136.8 139.0 126.8 138.5 267.0 265.0 145.5 137.9 148.0 149.3 138.5 230.9 140.1 136.9 138.1 139.8 128.6 140.0 268.1 266.5 146.5 139.4 148.5 150.5 139.2 231.2 140.3 138.4 139.5 140.6 129,6 140.7 135.2 136.3 137.6 254.1 259.4 259.2 276.4 279.3 295.2 249.6 255.5 266.3 159.5 228.5 232.5 210.2 102.2 288.5 243.3 127.9 260.4 262.6 148.0 128.1 147.8 199.2 197.2 131.3 127.9 350.0 135.3 132.0 190.1 251.6 257.0 256.0 273.8 275.7 298.6 247.5 254.7 263.5 156.9 223.2 225.7 207.6 98.2 282.0 240.6 125.0 259.1 261.0 146.0 128.6 146.5 201.3 201.7 131.9 127.8 349.5 135.9 131.4 187.0 249.9 255.7 254.2 272.6 272.9 295.6 248.8 253.3 264.5 156.7 221.3 221.6 206.9 96.3 282.7 237.9 124.3 256.0 257.2 144.7 126.4 146.0 200.6 200.9 130.1 128.9 351.5 136.2 132.5 180.5 240.7 133.4 218.5 132.9 140.1 246.5 138.3 144,3 132.9 242.5 134.1 219.3 134.4 141.6 246.0 139.6 146.8 135.0 242.7 134.1 219.4 134.5 141.8 246.4 140.0 146.1 136.1 253.9 260.2 248.6 216.9 239.2 287.0 129.2 270.9 298.0 253.8 204.5 156.2 255.1 260,3 241.1 216.8 228.9 258.9 128.4 277.8 322.9 229.9 239.8 156.9 266.5 277.6 254.4 218.2 249.4 269,4 137.9 298.7 347.1 225.6 308.6 164.8 275.0 289.4 259.0 225.7 258.8 268.4 139.9 316.9 359.6 219.3 354.0 177.1 249.0 129.1 119.9 132.2 133.3 121.5 121.2 251.3 129.9 119.6 133.2 134.7 123,0 123.3 256.4 133.8 127.1 137.1 135.8 124.4 124.0 261.3 137.5 134.6 140.7 136.3 125.8 126.4 Dec. Jan. Feb, Mar. 23. Continued— Consumer Price Index— U.S. city average [1967 = 100 unless otherwise specified] All Urban Consumers General summary 1980 Urban Wage Earners and Clerical Workers (revised) 1981 1980 1981 Mar. Oct. Nov. Dec. Jan. Feb. Mar. Mar. Oct. Nov. Dec. Jan. Feb. Mar. Fruits and vegetables — Continued Cut corn 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) .. 116.0 114.8 292.0 313.5 123.8 153.0 120.4 236.8 248.8 117.9 123.7 387.1 259.3 123.5 437.6 381.7 118.6 224.1 118.0 128.2 124.1 124.9 126.0 122.2 122.2 122.5 120.3 311.5 369.0 134.7 209.4 131.5 246.0 254.2 125.6 128.5 404.9 280.4 133.9 411.8 368.1 125.8 236.6 124.1 133.9 130.6 131.9 133.4 132.0 127.9 124.1 121.5 314.8 381.3 135.7 225.9 132.5 247.4 254.9 127.4 129 0 405.5 284.0 133.8 399.2 364.9 126.7 239.9 125.1 136.6 135.2 133.5 133.3 133.5 128.6 124.5 122.9 317.1 386.3 136.9 230.3 133.7 251.9 253.6 139.6 129.1 405.2 285.2 134.8 389.7 356.5 127.5 242.4 127.2 137.6 138.6 134.2 133.5 133.8 130.3 126.0 123.4 320.5 385.4 138.6 222.8 137.1 260.4 256.9 156.0 130.3 409.7 290.8 137.5 380.7 354.6 1291 244.9 128.1 138.6 141.1 135.2 134.4 135.4 131.6 128.2 124.7 323.0 385.4 141.1 217.7 137.7 267.3 256.8 171.8 131.0 411.9 295.3 140.1 364.9 345.3 130.8 246.9 128.7 140.0 142.3 137.2 135.8 135.8 132.4 128.4 126.4 324.1 383.2 142.8 209.7 139.3 268.9 255.7 179.3 129.9 412.2 295.9 140.5 359.4 340.8 132.4 249.4 128.4 142.3 143.9 139.1 138.1 135.9 134.1 115.4 112.3 290.9 314.1 123.9 153.8 119.3 236.8 248.3 118.5 123.4 384.4 255.4 121.1 432.3 380.3 118.1 224.0 117.6 127.1 125.3 124.0 126.6 122.2 122.0 120.9 118.5 311.7 369.8 135.4 209.5 129.2 247.0 256.6 125.5 128.7 405.8 279.6 131.8 409.3 366.3 125.3 236.9 124.9 131.9 131.0 132.2 135.3 131.7 128.2 121.8 120.3 315.7 383.9 136.8 225.9 131.9 248.2 256.9 128.0 128.8 407.8 283.6 133.2 395.5 364.0 126.2 240.4 125.6 133.5 136.1 132.8 136.5 133.8 128.9 122.8 121.0 317.8 388.9 137.4 231.4 133.1 252.6 254.6 139.9 129.1 407.4 284.0 133.5 386.2 358.1 127.7 242.8 128.0 134.8 140.1 133.4 136.3 133.5 130.2 124.5 122.1 320.8 387.3 139.4 223.4 135.5 261.8 257.4 156.4 131.0 410.7 288.2 135.0 376.4 355.8 129.6 245.1 127.9 136.9 141.7 134.5 136.3 135.2 132.1 126.5 123.5 323.6 387.7 142.0 217.9 137.3 268.9 258.3 172.7 131.4 413.6 293.4 137.8 360.3 347.0 130.9 247.1 129.3 137.8 143.5 136.3 137.3 136.0 132.4 126.3 125.3 325.2 384.6 143.6 209.6 138.2 270.5 257.7 180.0 130.3 415.4 295.4 138.7 355.0 343.9 132.7 250.0 129.2 139.6 145.5 137.9 140.0 136.2 134.4 Food away from hom e.......................................................................... Lunch (12/77-100) ...................................................................... Dinner (12/77=100) ...................................................................... Other meals and snacks (12/77=100) ............................................ 260.9 127.0 127.0 124.9 273.1 132.9 132.4 131.8 275.3 134.3 133.4 132.5 277.7 135.7 134.4 133.7 280.9 137.2 136.2 134.7 284.7 138.6 138.2 137.0 286.1 139.2 138.8 137.9 2627 127.6 128.1 126.2 277.4 134.4 135.1 133.9 279.5 135.7 136.1 134.5 281.8 137.3 136.7 135.6 284.2 138.5 138.2 136.4 287.3 139.8 139.4 138.5 288.6 140.3 140.1 139.3 Alcoholic beverages .......................................................................... 181.7 190.4 190.9 191.6 193.7 195.9 197.1 182.8 192.5 192.8 193.7 195.5 197.6 198.7 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)................................ 118.2 182.0 132.8 204.1 107.4 120.0 124.0 191.7 137.7 215.4 •112.5 125.1 124.4 192.0 138.9 215.2 112.9 125.3 124.9 192.9 138.9 217.6 112.7 125.8 126.1 194.5 140.0 221.7 113.7 127.6 127.4 197.6 140.0 224.0 113.9 129.7 128.1 198.2 141.6 224.3 115.0 131.1 119.3 181.7 134.4 208.4 107.2 119.1 125.6 192.0 139.0 224.2 111.6 125.3 125.9 192.2 139.8 224.0 112.0 125.5 126.5 192.9 140.2 227.2 112.1 126.2 127.6 194.5 141.5 229.4 113.2 127.4 128.8 197.2 142.0 231.6 113.3 129.4 129.6 198.5 142.3 233.6 114.0 129.9 FOOD AND BEVERAGES Food Continued Continued Food at home— Continued HOUSING............................................................................................ 254.5 271.1 273.8 276.9 279.1 280.9 282.6 254.4 271.0 273.7 277.1 279.1 280.7 282.2 Shelter................................................................................................ 271.6 290.4 294.7 298.5 300.1 300.5 301.6 272.7 292.0 296.4 300.4 301.7 301.7 302.6 Rent, residential.................................................................................... 186.6 197.1 198.3 199.6 200.9 201.9 203.0 186.4 196.8 198.0 199.4 200.6 201.6 202.7 Other rental costs ................................................................................ Lodging while out of town................................................................ Tenants’ insurance (12/77-100) .................................................... 258.6 276.8 118.6 268.8 286.0 125.4 268.3 284.2 126.5 267.7 2826 126.9 273.9 291.5 127.6 278.5 297.4 129.3 283.6 304.8 130.1 258.6 275.7 119.3 268.8 284.9 126.0 268.4 283.3 126.8 267.3 281.0 127.2 273.6 289.9 128.0 278.3 296.0 129.9 283.5 303.2 130.8 Homeownership.................................................................................... Home purchase.............................................................................. Financing, taxes, and insurance ...................................................... Property insurance .................................................................. Property taxes ........................................................................ Contracted mortgage interest c o 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) .......... 302.0 244.0 379.9 335.7 188.2 483.0 194.4 278.8 303.2 221.4 323.8 265.5 404.7 362.0 192.0 518.1 192.6 292.8 317.0 236.3 329.4 267.3 416.9 364.5 192.8 536.7 198.0 294.2 318.6 237.1 334.2 267.2 429.4 365.8 194.5 555.5 205.1 296.8 321.5 239.1 335.8 266.2 435.2 369.8 196.0 563.5 209.0 296.8 321.3 239.7 335.8 263.0 437.1 373.1 198.5 565.0 211.9 302.8 328.7 242.4 336.8 261.1 441.1 375.6 199.0 570.9 216.0 306.1 332.6 243.9 304.0 243.8 384.1 337.4 189.9 484.1 194.8 278.2 303.5 222.3 326.7 266.4 410.8 365.3 193 8 521.2 193.0 290.4 315.1 235.0 332.3 268.2 423.1 367.8 194.7 539.7 198.4 291.1 315.9 235.6 337.5 268.0 436.0 369.0 196.4 558.7 205.5 294.2 320.3 236.2 3386 266.4 441.3 373.2 197.9 565.9 209.4 294.1 319.8 236.7 3382 262.7 442.6 376.6 200.6 566.5 212.3 299.9 327.7 238.6 338.3 260.2 446.4 379.9 201.0 572.0 216.7 302.7 331.3 239.9 125.0 117.6 136.9 122.4 137.4 122.3 139.2 123.2 139.5 123.4 141.6 124.0 143.7 123.3 123.6 119.9 133.1 122.5 134.7 122.0 134.9 122.9 135.1 122.7 136.9 122.3 138.5 122.4 116.4 117.0 123.8 123.3 124.2 123.7 124.8 124.2 125.2 124.7 127.3 125.2 127.6 125.9 119.3 118.2 126.6 125.9 124.6 126.4 124.9 126.3 124.5 127.9 127.0 127.8 127.8 128.8 Fuel and other utilities 268.0 287.6 285.7 289.9 296.7 304.5 308.4 268.7 288.0 286.3 290.7 297.5 305.6 309.4 Fuels .................................................................................................. Fuel oil, coal, and bottled gas.......................................................... Fuel o il.................................................................................... Other fuels (6/78 - 100) ........................................................ Gas (piped) and electricity .............................................................. Electricity................................................................................ Utility (piped! gas .................................................................... 333.9 553.4 577.9 138.3 284.0 237.9 343.9 362.8 558.7 581.5 143.1 317.1 265.3 384.6 358 7 567.0 589.8 145.7 310.5 258.7 379.0 364.7 585.3 610.0 148.4 313.9 262,3 381.5 375.4 625.9 656.0 152.3 318.5 266.9 385.3 387.4 675.6 712.0 157.5 322.9 271.3 389.0 393.7 693.4 730.9 161.5 326.7 273.9 395.2 333.9 554.1 577.9 139.5 283.9 238.1 342.6 362.1 559.9 581.8 144.8 316.0 265.3 380.9 358.2 568.3 590.3 147.3 309.8 258.4 376.7 364.5 587.0 610.9 150.1 313.4 262.1 379.7 375.0 627.9 657.1 154.1 317.7 266.5 383.3 387.3 678.5 714.2 159.4 322.1 271.1 386.8 393.4 696.3 733.2 162.9 325.9 273.5 392.8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 87 MONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Consumer Prices 23. 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 1981 1980 1981 1980 Mar. Oct. Nov. Dec. Jan. Feb. Mar. Mar. Oct. Nov. Dec. Jan. Feb. Mar. 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 .................................................... 161.9 133.2 103.3 97.4 98.7 253.9 167.8 137.5 106.6 102.1 100.1 266.2 169.0 138.7 108.3 101.7 100.6 267.0 170.6 140.3 110.5 101.8 100.9 267.8 171.9 141.1 111.6 101.8 101.0 271.4 173.6 142.4 113.5 101.8 101.2 274.7 174.2 142.5 113.6 101.8 101.2 277.1 161.9 133.1 103.2 97.5 98.6 254.7 167.8 137.4 106.5 102.1 99.9 267.3 169.1 138.7 108.3 101.8 100.5 268.0 170.7 140.3 110.6 101.8 100.7 268.7 172.0 141.1 111.7 101.9 100,8 272.5 173.9 142.5 113.6 101.9 101.0 276.3 174.4 142.6 113.7 101.9 101.0 279.0 Household furnishings and operations 201.3 210.1 211.0 211.6 212.6 214.9 216.9 199.2 206.8 208.1 209.0 209.7 211.7 213.7 170.4 185.3 113.2 118.2 187.9 119.2 112.7 111.9 121.3 139.0 105.5 102.9 108.7 160.7 161.4 116.6 110.7 175.6 195.1 119.5 124.1 192.5 124.6 113.0 114.4 123.6 141.2 105.6 103.2 108.7 165.3 169.4 120.2 112.5 176.4 195.7 122.6 121.2 193.9 125.5 113.6 115.6 124.6 141.4 106.1 103.8 109.1 165.2 169.2 120.2 112.4 176.9 196.6 122.7 122.4 194.4 125.7 114.7 115.2 124.7 142.0 106.1 103.7 109.2 166.3 170.9 121.4 112.8 176.9 193.4 117.0 124.6 193.6 125.1 113.2 114.3 125.6 142.7 106.5 104.2 109.4 167.6 171.7 121.9 114.0 178.5 196,9 121.4 124,4 195.6 127.7 113.2 115.2 126.6 142.9 106.6 104.2 109.6 167.8 172.3 122.8 113.7 180.2 201.4 124.1 127.2 198.0 129.4 114.1 116.7 128.3 143.4 106.4 104.3 109.3 169.0 172.7 124.3 114.5 HOUSING - Continued Fuel and other utilities — Continued 177.9 1959 119.5 124.9 195.2 127.4 113.8 113.0 127.0 142.3 107.1 104.7 110.3 166.0 165.8 121.5 114.2 178.1 192.4 117.3 122.7 196.5 128.6 114.2 113.3 127.9 142.6 107.4 105.1 110.6 166.2 166.1 122.0 114.2 178.3 193.2 117.2 123.8 197.0 129.2 115.3 113.1 127.8 142.4 107.2 105.2 110.1 165.9 166.5 123.4 113.1 178.7 191.9 114.6 124.9 196.6 128.3 114.2 113.1 128.7 143.1 107.4 105.6 110.2 167.2 168.0 123.6 114.2 110.9 112.4 113.0 112.0 114.8 115.1 115.1 111.1 112.1 112.6 113.9 115.7 114.2 115.2 111.6 117.3 116.2 124.1 115.5 124.6 114.3 124.8 113.6 125.6 115.7 127.9 116.9 129.1 110.2 116.0 113.0 122.2 112.1 123.2 111.5 123.1 112.0 123.8 113.1 125.6 113.7 126.9 116.4 114.9 123.3 121.6 124.3 121.4 124.6 121.7 125.7 122.3 128.7 124.1 130.7 125.7 110.8 112.3 118.2 119.4 119.0 119.2 118.4 118.8 118.9 119.2 120.8 121.7 123.2 121.7 122.6 112.2 130.0 117.9 130.6 118.4 130.8 118.7 131.9 118.7 134.8 119.9 135.6 120.8 120.8 115.0 126.3 120.9 127.4 122.3 127.6 122.3 128.0 123.8 131.0 123.8 132.1 125.1 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).......................................... 238.0 232.1 117.0 123.9 113.8 120.9 121.4 253.6 248.7 125.7 134.2 118.6 129.5 126.9 256.0 252.4 126.7 135.6 118.3 131.1 128.0 257.7 254.0 127.6 136.1 119.5 132.5 128.4 259.5 255.6 128.8 137.3 119.9 132.6 130.0 262.8 256.2 129.3 138.4 121.4 135.9 134.0 264.2 255.3 129.7 137.9 122.3 137.3 136.6 235.5 230.0 116.9 125.8 113.6 118.3 114.0 251.2 245.6 125.1 136.2 118.2 126.7 121.0 253.5 248.2 1262 136.6 118.8 128.4 122.5 256.0 252.3 127.6 137.6 120.0 129.5 122.5 257.5 253.4 129.0 139.2 120.7 129.3 122.7 260.1 254.3 129.6 139.2 122.4 132.2 126.1 261.2 253.8 130.3 138,1 123.7 133.2 128.5 Housekeeping services............................................................................ Postage .......................................................................................... Moving, storage, freight, household laundry, and drycleaning services (12/77 = 100) .............................................. Appliance and furniture repair (12/77 = 100) .................................... 2636 257.3 274.5 257.3 276.1 257.3 277.1 257.3 279.6 257.3 281.6 257.3 284.8 274.3 262.7 257.2 271.0 257.3 272.5 257.3 273.8 257.3 276.4 257.3 279.4 257.3 283.3 274.2 125.4 115.8 133.3 120.3 134.6 120.7 134.4 121.4 137.0 122.4 138.2 123 6 139.0 124.5 126.1 116.0 130.2 119.2 131.4 119.7 131.8 120.6 134.3 121.5 137.8 122.4 139.0 123.8 APPAREL AND UPKEEP 176.0 183.9 184.8 183.9 181.1 182.0 185.1 175.1 182.8 183.3 182.9 181.8 184.3 Apparel commodities 169.2 176.4 177.2 176.0 172.6 173.2 176.3 168.7 175.6 176.0 175.3 172.6 173.3 175.8 172.7 175.0 110.2 103.2 97.9 127.2 118.0 104.7 113.7 106.5 121.2 116.5 157.5 104.4 157.9 166.4 99.3 117.8 93.0 106.4 101.2 106.2 165.7 166.0 104.4 96.4 96.9 113.2 112.0 102.7 107.5 105.0 110.7 108.2 154.9 103.7 167.0 157.5 101.0 111.5 100.2 100,1 95.7 99.8 172.2 173.8 109.5 99.7 101.3 118.8 118.5 108.3 112.0 111.2 115.1 111.5 160.3 107.0 176.5 157.5 103.6 115.3 106.8 105.1 99.0 106.3 172.5 174.8 110.2 99.4 101.9 119.7 120.4 108.7 112.7 112.5 115.2 111.9 159.9 106.6 175.5 157.7 102.8 116.4 102.8 105.3 99.1 106.8 171.6 174.4 109.9 98.2 101.9 120.0 120.7 108.1 112.6 111.8 116.2 112.0 158.2 105.3 172.2 154.3 102.4 116.6 98,2 104.9 98.6 106.6 168.7 171.7 107.9 95.1 97.4 119.9 116.7 108.2 111.6 107.9 115.8 112.9 153.9 102.3 162.1 147.3 100.1 115.6 95.5 102.5 94.4 104.4 169.6 172.2 108.2 96.1 96.0 120.2 116.8 108.7 111.9 107.0 116.1 114,2 155.4 103.5 159.1 150.5 99.7 116.0 103.6 102.7 93.5 105.8 172.3 174.9 110.1 98.5 98.9 121.5 119.2 110.0 112.9 109.5 117.4 113.9 158.9 105.5 156.9 154.3 101.6 117.7 109.5 106.4 98.4 109.1 115.6 107.8 112.8 112.6 112.2 112.2 112.5 114.6 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) .......................... Television .......................................................................... 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) . 171.5 187.2 113.9 119.7 189.2 122.5 110.9 110.8 122.6 138.8 105,7 104,0 108.3 160.2 157,9 116.8 111.2 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 arc girls’ .......................................................................... Women’s (12/77 = 100)............................................................ Coats and jackets .............................................................. D'esses .............................................................................. 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).............................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 180.8 195.1 118.6 124.8 199.3 131.3 114.5 115.9 129,1 143.9 107.9 105.7 111.0 168.2 168.4 123.7 115.4 166.2 165.6 104.3 99.9 96.9 115.0 111.9 98.7 107.5 102.5 112.0 109.8 155.5 103.8 167.6 169.3 99,8 111.0 91.6 101.8 98.9 100.8 173.1 173.9 109.5 104.3 100.4 122.9 118.3 102.6 113.0 109.2 118.1 113.9 159.7 106.1 167.0 170.0 101.6 114.9 98.2 107.0 103.2 106.7 173.9 174.8 110.1 104.7 100.5 123.3 119.6 103.5 113.3 109.4 118.4 114.3 159.9 106.3 164.7 168.1 102.9 116.7 97.4 106.5 102.7 105.9 172.5 174.3 109.8 103.5 99.7 123.9 119.7 103.4 113.1 108.6 118.7 114.3 157.4 104.4 161.4 163.8 101.4 116.8 91.9 106.1 101.3 106.1 168.9 171.1 107.5 99.9 95.2 123.9 115.4 103.4 112.0 104.8 119.1 114.8 152.1 100.8 150.4 155.5 98.2 116.0 87.8 102.9 96.0 103.6 169.6 171.6 107.8 100.5 95.6 125,3 114.8 102.7 112.6 104.3 119.1 116.6 153.4 101.9 160.7 156.9 97.1 116.4 90.0 102.8 94.4 104.2 108.4 113.8 114.0 113.8 113.1 113.9 182.6 199 8 123.1 126.1 201.6 133.2 115.8 116.5 130.8 144.2 108.0 105.6 111.2 168.9 168.5 124.5 115.9 180.8 23. Continued — Consumer Price Index— U.S. city average [1967 = 100 unless otherwise specified] Ail Urban Consumers General summary 1980 Urban Wage Earners and Clerical Workers (revised) 1981 1980 1981 Mar. Oct. Nov. Dec. Jan. Feb. Mar. Mar. Oct. Nov. Dec. Jan. Feb. Mar. Apparel commodities less footwear—Continued Infants' and toddlers’ ...................................................................... Other apparel commodities ............................................................ Sewing materials and notions (12/77 = 100) ............................ Jewelry and luggage (12/77 = 100) ........................................ 231.4 199.9 107.1 138.6 244.1 211.8 111.9 147.5 248.9 213.7 110.3 149.9 250.1 213.3 110.6 149.5 249.7 214.2 111.9 149.7 254.3 212.3 112.2 147.9 255.3 212.2 113.3 147.3 237.3 197.8 107.2 137.3 249.2 204.1 112.0 141.1 254.0 204.0 110.2 141.8 255.4 204.4 110.0 142.3 2569 205.3 110.8 142.8 264.0 204.4 112.2 141.3 266.4 204.5 113.3 140.9 Footwear.............................................................................................. Men's (12/77 = 100) .................................................................... Boys' and girls' (12/77 = 100) ...................................................... Womens' (12/77 = 100)................................................................ 187.0 119.0 119.5 114.2 196.1 124.7 125.8 119.6 196.5 125.4 126.2 119.4 196.6 124.6 126.6 120.0 194.9 124.4 125.7 118.1 194.9 125.0 125.3 117.9 197.4 125.2 127.6 120.0 186.3 120.9 119.5 110.9 195.6 125.8 126.9 116.3 196.4 126.7 127.4 116.5 196.7 126.0 127.8 117.5 195.5 126.1 127.0 115.9 194.9 125.7 126.2 115.9 195.9 125.4 127.3 117.0 Apparel services Laundry and drycleaning other than coin operated (12/77 = 100)............ Other apparel services (12/77 = 100) .................................................. 225.9 132.5 122.1 240.0 141.1 129.2 241.9 142.4 130.0 243.4 143.5 130.5 246.3 145.3 131.7 249.9 147,6 133.3 252.4 149.6 133.7 223.5 132.3 119.6 238.1 140.9 127.4 239.9 141.6 129.1 242.2 143.2 129.9 245.5 145.5 131.1 248.7 147.3 132.9 251.5 149.3 133.9 APPAREL AND UPKEEP Apparel commodities Continued Continued TRANSPORTATION 243.7 256.1 259.0 261.1 264.7 270.9 273.5 244.3 256.6 259.7 261.9 265.7 272.1 274.4 Private................................................................................................ 244.0 254,5 257.4 259.4 262.9 269.4 271.7 244.6 255.5 258.6 260.8 264.4 271.0 273.2 New cars ............................................................................................ Used c a rs ............................................................................................ 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) .......................... 175.0 195.2 370.9 260.9 127.3 181.9 222.7 370.5 276.0 135.0 184.3 230.8 370.5 278.4 136.1 184,5 234.4 373.3 280.1 136.8 185.3 234.0 385.2 282.7 137.3 184.8 234,3 410.8 285.4 139 2 182.9 235.4 420.7 287.7 140.3 175.4 195.2 372.7 261.7 127.2 182.0 222.7 371.7 276.6 134.6 184.5 230.8 371.7 278.9 135.9 184.6 234.4 374.4 280.6 136.7 185.7 234.0 386.6 283.2 137.3 185.0 234.4 412.5 285.4 139.2 182.7 235.4 422.3 288.2 140.2 124.1 123.1 123.5 216.5 192.7 126.4 124.3 170.1 127.2 225.0 244.0 137.4 110.8 145.3 104.7 119.7 122.0 132.7 130.0 129.8 226.5 200.9 136.5 128.9 179.2 126.9 235.6 251.5 149.9 114.6 146.5 104.9 122.9 130.0 133.6 131.0 131.3 228.8 203.1 137.8 130.3 181.7 127.3 237.9 251.9 154.4 115.0 146.6 105.0 123.2 130.7 134.0 131.6 132.7 231.0 203.6 138.8 130.6 182.1 127.6 240.6 252.5 159.4 115.8 146.9 105.3 124.3 132.7 135.8 132.5 134.4 232.4 203.7 139.1 130.6 181.5 128.6 242.4 252.3 163.4 116.2 146.9 105.3 124.8 133.7 136.8 133.7 135.5 234.2 205.8 141.6 131.8 183.5 129.3 244.0 253.7 165.1 116.7 146.9 105.4 125.8 134.7 137.7 134.8 137.0 234.7 206.2 141.6 132.1 184.1 129.2 244.6 254.4 164.3 118.2 146.9 105.4 1261 138.4 126.1 122.8 124.0 217.1 193.2 126.1 124.7 172.5 124.4 225.7 243.8 135.2 111.6 145.5 104.4 120.2 127.0 133.9 130.2 129.6 228.0 201.4 135.4 129.4 180.8 125.7 237.3 251.2 148.3 116.3 146.5 104.7 123.6 139.1 135.0 131.1 130.8 230.6 203.4 137.3 130.6 182.5 126.9 240.1 251.5 153.2 116.7 146.6 104.7 123.9 140.0 135.6 131.7 132.2 233.2 205.7 139.0 132.0 184.7 127.8 242.9 252.0 157.9 117.5 147.0 105.1 125.1 142.0 137.5 132.7 133.5 235.0 206.2 139.2 132.4 184.8 128.9 244.9 251.8 161.7 118.2 146.9 105.1 125.6 144.1 138.3 133.5 134.7 236.9 207.5 139.0 133.4 186.6 129.3 247.0 253.2 163.9 119.3 147.0 105.1 126.6 147.2 140.2 134.7 135.9 237.3 208.0 139.8 133.7 186.9 129.5 247.4 253.9 163.4 119.9 147.0 105.1 126.7 148.9 Public...................................................................................... 232.1 273.6 277.0 280.1 286.4 288.1 293.9 226.1 266.5 269.2 271.8 279.0 280.6 285.1 Airline fare............................................................................................ Irterc ty bus fare .................................................................................. Intracity mass transit ............................................................................ Taxi fare .............................................................................................. Intercity train fare.................................................................................. 259.9 290.7 200.8 245.6 237.2 315.0 307.1 235.6 267.9 255.6 321.8 308.0 236.1 269.2 2556 327.4 310.1 237.1 269.7 270.1 331.9 310.7 247.1 271.0 276.4 334.1 312.8 248.4 271.4 276.5 343.7 323.2 250.8 273.8 276.7 259.3 290.2 198.6 251.2 237.1 313.0 306.9 235.2 274.7 255.7 319.8 308.0 235,6 275.6 255.7 325.7 309.8 236.5 275.9 270.3 330.2 310.6 246.5 277.5 276.8 332.7 312.2 247.8 277.7 276.9 342.3 323.9 249.1 280.5 277.1 287.0 MEDICAL CARE ................................................................................ 260.2 272.8 274.5 275.8 279.5 282.6 284.7 260.9 274.3 276.3 277.6 281.4 284.4 Medical care commodities 163.5 172.5 173.8 175.1 176.7 179.2 180.7 164.4 173.0 174.1 175.6 177.5 179.6 181.2 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 and supplies (12/77 = 100) ...................................... Pain and symptom control drugs (12/77 = 100) .............................. Supplements, cough and cold preparations, and respiratory agents (12/77 = 100)................................................ 150.9 117.9 122.2 113.3 158.5 124.1 127.1 117.3 159.6 124.6 128.9 118.3 160.7 124.7 130.2 119.1 162.7 127.7 130.7 120.6 165.0 129.2 131.9 121.9 166.5 130.5 132.8 122.2 152.0 120.1 122.2 114.7 159.5 125.1 126.2 119.3 160.2 125.6 127.7 119.9 161.5 126.4 128.6 120.2 163.4 128.6 129.4 121.3 165.3 129.5 130.7 122.9 166.8 131.0 131.5 123.7 130.0 120.5 139.6 126.3 140.4 126.7 142.3 126.9 143.9 128.7 147.4 130.9 148.2 132.7 129.6 121.3 138.8 128,7 139.6 128.3 141.7 129.6 143.8 131.4 146.5 133.3 147.8 134.1 115.5 120.4 121.2 122.4 123.2 124.5 126.3 116.5 122.1 122.3 123.1 123.8 125.2 126.5 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)........ 117.3 114.1 182.2 115.1 124.4 121.0 193.5 121.3 125.3 121.2 195.8 121.5 126.2 120.8 198.1 122.5 127.1 121.5 199.3 123.6 128.9 123.1 202.7 124.5 129.9 124.6 204.2 125.0 118.0 114.5 183.0 116.1 124.4 119.6 194.0 121.8 125.5 120.2 195.8 123.0 126.5 120.4 198.0 123.7 127.9 121.1 200.4 125.1 129.4 122.3 203.0 126.5 130.5 122.6 205.5 127.1 Medical care services .................................................................... 281.5 294.8 296.6 297.9 302.1 305.2 307.5 282.2 296.6 298.7 300.0 304.3 307.4 310.2 Professional services ............................................................................ Physicians’ services........................................................................ Dental services.............................................................................. Other professional services (12/77 = 100)...................................... 245.3 262.3 234.1 119.5 259.0 276.0 247.5 127.6 260.4 278.0 248.0 128.5 261.7 280.3 248.6 128.5 264.7 283.9 251.4 129.3 267.2 287.7 252.8 130.0 269.6 290.3 254.9 131.5 247.8 266.2 235.7 119.3 261.9 281.8 249.0 125.1 263.8 283.8 250.4 126.7 265.0 285.7 251.3 126.6 268.7 290.0 254.9 127.6 271.6 293.9 257.0 128.5 274.2 296.3 259.8 129.9 Other medical care services.................................................................. Hospital and other medical services (12/77 - 100).......................... Hospital room.......................................................................... Other hospital and medical care services (12/77 = 100)............ 325.3 128.8 405.8 127.8 338.0 139.3 435.8 139.0 340.5 141.1 441.0 140.9 341.6 141.7 443.7 141.4 347.3 144.5 453.8 143.7 351.1 146.1 458.2 145.5 353.4 147.1 460.9 146.7 324.4 127.7 401.2 126.9 339.2 138.9 435.3 138.4 341.6 140.5 439.8 140.2 342.9 141.3 443.1 140.6 347.8 143.7 451.9 142.7 351.3 145.2 455.9 144.4 354.4 146.7 459.2 146.3 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 89 M ONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Consumer Prices 23. Continued— Consumer Price Index — U.S. city average [1967=100 unless otherwise specified] All Urban Consumers General summary 1980 Urban Wage Earners and Clerical Workers (revised) 1981 1980 1981 Mar. Oct. Nov. Dec. Jan. Feb. Mar. Mar. ENTERTAINMENT................................................................................ 200.6 210.9 211.2 212.0 214.4 216.7 218.2 199.5 Entertainment commodities................................................................ 203.4 213.7 214.5 215.3 217.1 219.7 222.1 200.3 Reading materials (12/77 = 100).......................................................... Newspapers .................................................................................. Magazines, periodicals, and books (12/77 = 100)............................ 119.4 232.4 120.8 127.0 245.3 129.6 127.6 245.6 130.7 128.2 246.2 131.5 130.0 249.7 133.4 130.9 253.8 132.9 133.2 256.6 136.2 119.1 232.0 120.7 126.6 244.6 129.6 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) ........................ 117.2 118.7 109.5 177.2 112.9 121.8 122.8 ( 1) 114.7 185.7 119.9 122.9 124.7 126.5 115.9 187.2 120.6 126.1 128.5 116.2 188.4 121.2 112.4 110.8 109.3 177.8 113.4 (’ ) (') 116.2 184.7 120.4 123.5 ( 1) 115.7 185.9 120.9 (’ ) 114.5 185.3 118.2 112.5 185.4 117.8 112.2 185.8 119.1 113.4 184.9 119.3 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 expense (12/77 - 100) ........................................ 116.9 115.7 118.2 118.2 122.8 120.9 123.1 125.8 122.8 120.7 121.8 127.3 123.5 121.3 122.0 128.4 124.4 122.4 121.5 130.1 126.3 124.7 122.6 132.0 127.2 125.6 124.0 132.3 116.4 114.9 116.9 119.0 120.9 117.4 122.3 126.4 121.6 118.4 122.7 126.8 (') (’ ) Oct. Nov. Dec. 209.2 209.9 210.1 209.0 210.2 210.9 127.1 244.9 130.8 127.6 245.5 131.5 116.3 117.0 Feb. Mar. 212.2 215.0 216.1 213.0 216.2 218.0 129.6 249.4 133.5 130.7 254.0 132.9 133.0 256.7 136.3 118.5 114.5 186.7 119.2 119.3 118.1 115.3 188.3 119.2 120.3 119.5 115.2 189.4 119.3 121.8 118.5 122.4 127.6 122.9 119.4 122.3 129.7 125.8 123.0 124.4 131.9 126.3 123.1 125.5 132.8 117.8 Jan. f) Entertainment services ...................................................................... 197.0 207.2 206.9 207.8 210.9 213.0 213.0 199.1 210.6 210.5 209.7 212.0 213.9 213.8 Fees for participant sports (12/77 = 100).............................................. Admissions (12/77 = 100).................................................................... Other entertainment services (12/77 = 100).......................................... 117.5 119.1 113.2 125.5 122.7 119.0 125.2 122.6 118.7 125.7 123.1 119.4 128.1 124.7 120.1 129.4 125.3 122.0 129.8 125.3 121.0 118.8 120.0 113.9 127.0 124.2 121.6 126.7 124.3 121.6 125.9 124.0 121.8 127.8 125.2 122.0 129.0 126.2 123.0 129.6 125.9 121.7 OTHER GOODS AND SERVICES.......................................................... 208.9 221.5 222.8 224.6 226.2 227.4 228.7 208.3 219.9 221.0 223.0 224.4 225.6 226.8 Tobacco products .............................................................................. 198.4 204.5 207.3 210.8 211.9 212.3 212.5 198.6 204.3 206.8 210.4 211.7 211.9 212.4 Ciga-ettes ............................................................................................ Other tobacco products and smoking accessories (12/77 = 100)............ 201.2 116.3 206.8 123.2 209.6 124.3 213.5 124.9 214.6 125.4 214.8 126.5 214.8 128.0 201.6 115.7 206.7 123.1 209.3 123.9 213.2 124.5 214.5 125.4 214.5 126.4 214.9 128.1 Personal care .................................................................................... 208.1 217.8 219.0 220.9 222.5 224.6 226.9 207.7 218.0 218.5 220.0 221.1 223.2 225.1 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) 200.2 116.6 119.2 211.8 124.5 126.0 212.4 124.5 127.2 215.2 125.2 128.4 216.9 126.3 130.8 219.5 128.3 132.9 222.4 131.4 135.3 199.6 114.9 118.4 212.1 123.6 125.3 212.7 123.2 125.9 214.3 125.3 125.4 216.1 126.2 128.3 218.5 126.7 131.2 220.9 128.4 133.3 115.1 114.7 121.3 120.8 120.8 122.2 122.6 124.8 122.9 125.5 123.2 127.5 123.9 128.3 114.8 116.6 121.1 123.6 121.0 125.3 121.4 126.8 122.2 126.6 122.8 129.0 123.4 130.7 Personal care services.......................................................................... Beauty parlor services for women.................................................... Haircuts and other barber shop services for men (12/77 = 100) . . . . 215.7 217.9 119.7 223.8 225.2 125.3 225.5 227.5 125.6 226.8 228.7 126.4 228.3 230.1 127.3 230.0 231.7 128.5 231.7 233.6 129.2 215.8 217.8 120.1 224.0 225.6 125.0 224.4 226.1 125.2 225.8 227.5 126.0 226.3 227.6 126.7 228.1 229.4 127.6 229.4 230.8 128.4 Personal and educational expenses .................................................. 228.3 251.1 251.3 251.5 253.6 254.4 255.2 228.2 251.2 251.4 251.7 254.0 255.0 256.0 Schoolbooks 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).................................................. 206.9 233.6 118.6 117.9 120.9 125.0 221.9 257.8 132.2 131.5 134.4 132.4 221.9 258.1 132.2 131.5 134.4 133.0 222.1 258.2 132.2 131.5 134.4 133.4 228.6 259.7 132.6 132.0 134.4 135.7 229.8 260.4 132.7 132.1 134.4 137.1 230.5 261.2 132.8 132.3 134.4 138.7 210.7 232.9 118.7 117.9 120.7 122.1 225.6 257.5 132.4 131.5 134.3 131.0 225.6 257.8 132.4 131.5 134.3 131.6 225.8 258.1 132.4 131.5 134.3 132.2 232.4 259.6 132.8 132.0 134.3 134.4 233.6 260.6 132.9 132.1 134.3 136.3 234.4 261.6 133.0 132.3 134.4 138.1 365.5 326.3 230.9 292.0 365.5 346.4 254.9 304.7 365.5 355.3 253.1 306.4 368.3 364.5 255.8 308.4 379.9 368.9 259.4 309.5 404.8 370.7 262.3 314.6 414.5 373.6 265.2 318.3 367.2 325.6 230.2 292.0 366.6 346.7 253.5 302.4 366.7 355.6 251.6 303.5 369.4 364.7 254.4 306.6 381.2 368.8 258.0 307.4 406.3 370.4 261.0 313.4 415.9 373.0 263.6 317.2 Special indexes: Gasoline, motor oil, coolant, and other products...................................... Insurance and finance .......................................................................... Utilities and public transportation............................................................ Housekeeping and home maintenance services ...................................... 1 Not available. Digitized 90 for FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 24. Consumer Price Index for All Urban Consumers: Cross classification of region and population size class by expenditure category and commodity and service group [December 1977 = 100] Size class A (1.25 million or more) Size class B (385,000-1.250 million) Size class C (75,000-385,000) Size class D (75,000 or less) Category and group 1980 Oct. 1981 Dec. Feb. 1980 Oct. 1981 Dec. 1980 Feb. Oct. 1981 1980 1981 Dec. Feb. Oct. Dec. Feb. Northeast EXPENDITURE CATEGORY All items ...................................................................................................... Food and beverages .................................................................................... Housing .................................................................................................... Apparel and upkeep .................................................................................... Transportation.............................................................................................. Medical care................................................................................................ Entertainment .............................................................................................. Other goods and services ............................................................................ 130.5 131.0 131.8 116.2 139.4 126.3 120.0 121.2 132.8 132.8 135.2 114.8 141.9 128 0 120.7 122.7 135.7 135.2 138.0 114.9 147.3 130.5 124.6 123.7 137.2 133.7 141.9 116.2 145.3 127.2 122.7 124.0 139.8 135.8 144.6 116.8 149.4 129.3 123.2 127.5 143.2 137.6 149.0 114.0 155.0 131.2 127.5 128.5 141.2 134.7 151.0 124.6 142.8 129.1 120.1 127.8 143.8 137.7 153.7 124.8 146.5 130.1 120.4 130.3 146.6 139.8 156.3 119.5 153.0 132.1 124.2 131.1 135.6 131.5 139.9 118.6 143.1 126.9 125.2 122.0 137.8 132.8 142.0 120.3 146.5 130.7 126.7 124.4 141.6 134.8 147.5 119.1 151.0 134.4 126.7 126.5 COMMODITY AND SERVICE GROUP Commodities.................................................................................................... Commodities less food and beverages .......................................................... Services ............................................................................................................ 131.8 132.3 128.8 133.7 134.3 131.6 137.0 138.2 134.0 138.3 140.5 135.4 140.8 143.2 138.3 144.3 147.6 141.5 139.9 142.3 143.4 142.1 144.1 146.7 144.6 146.8 149.8 136.6 139.1 134.0 138.1 140.7 137.3 141.7 145.0 141.4 North Central EXPENDITURE CATEGORY All Items ................................................................................................ Food and beverages .................................................................................... Housing .............................................................................................. Apparel and upkeep .................................................................................... Transportation.............................................................................................. Medical care................................................................................................ Entertainment .............................................................................................. Other goods and services ............................................................................ 140.8 133.1 151.9 112.1 143.2 129.1 124.5 122.6 143.3 135.0 155.3 110.8 146.4 130.5 125.1 124.2 144.0 137.1 152.7 109.4 151.8 134.6 127.5 126.3 137.6 130.8 143.7 118.2 143.0 129.6 121.1 128.4 140.0 132.9 146.0 118.8 146.8 131.4 121.3 130.3 142.8 136.4 147.7 116.9 152.3 136.2 124.2 132.7 135.1 133.7 137.9 115.3 142.9 130.6 124.3 122.5 136.6 135.1 139.1 114.8 146.2 132.4 124.0 123.9 139.7 137.0 141.5 114.5 153.1 136.7 126.8 126.4 134.6 135.8 135.3 115.5 142.2 133.3 121.1 128.4 136.2 139.1 135.9 116.2 145.4 134.6 120.8 129.8 139.6 139.6 140.5 114.1 150.3 140.1 124.8 131.1 COMMODITY AND SERVICE GROUP Commod.t.es...................................................................................................... Commodities less food and beverages .......................................................... Services ............................................................................................................ 138.1 140.4 144.9 139.9 142.3 148.4 140.3 141.8 149.4 135.0 136.8 141.8 136.5 138.0 145.6 139.5 140.9 148.1 133.9 134.0 137.1 135.2 135.3 138.9 138.2 138.7 142.2 132.6 131.2 137.7 133.4 130.9 140.6 136.0 134.5 145.3 South EXPENDITURE CATEGORY All 'terns ............................................................................................................ Food and beverages .................................................................................... Housing .................................................................................................. Apparel ana upkeep .................................................................................... Transportation.............................................................................................. Medical care................................................................................................ Entertainment .............................................................................................. Other goods and services ............................................................................ 136.7 134.6 139.8 119.9 145.0 126.8 120.2 126.4 139.0 136.8 143.1 120.0 146.8 127.9 120.4 128.1 142.1 138.8 146.1 119.3 152.9 130.4 123.5 129.4 138.1 133.0 143.5 116.4 144.5 130.9 125.3 126.8 140.9 135.4 146.7 117.3 147.9 132.1 127.9 128.8 144.9 138.6 151.5 117.1 153.4 135.1 129.0 131.0 136.1 134.8 139.7 111.8 143.0 132.7 125.0 124.7 138.6 137.2 142.5 114.1 145.7 133.7 127.5 126.7 142.1 138.4 146.6 113.0 152.2 136.8 129.0 128 6 134.1 134.5 133.7 110.5 142.2 140.2 132.4 128.2 136.5 136.9 137.5 108.9 144.8 140.7 130.7 129 9 138.8 140.2 138.4 105.6 151.4 144.0 131.0 130.5 COMMODITY AND SERVICE GROUP Commodities ...................................................................................................... Commodities less food and beverages .......................................................... Services ............................................................................................................ 135.4 135.8 138.4 137.2 137.3 141.5 140.1 140.7 144.8 135.2 136.1 142.6 137.5 138.3 146.1 140.8 141.7 151.2 134.1 133.8 139.2 136.3 135.9 142.3 139.1 139.5 146.6 133.4 133.0 135.0 135.6 135.0 138.0 138.4 137.6 139.3 West EXPENDITURE CATEGORY All items ............................................................................................................ Food and oeverages .................................................................................... Housing ............................................................................ Apparel and upkeep .................................................................................... Transportation.............................................................................................. Medical care.................................................................................................. Entertainment .............................................................................................. Other goods and services ............................................................................ 137.7 132.7 141.6 117.9 144.9 133.0 122.3 126.2 140.7 134.3 146.0 117.9 146.7 134.3 123.8 127.7 142.6 136.8 147.2 116.4 150.8 137.5 127.0 129.1 139.5 135.0 144.7 121.5 144.3 130.7 125.7 128.1 141.4 136.5 146.7 123.8 146.6 133.1 125.0 129.0 144.0 139.4 1487 122.3 151.9 136.0 126.6 131.4 136.3 131.7 139.4 111.2 145.9 133.3 126.9 122.3 138.4 132.7 142.1 112.0 148.5 134.5 126.3 125.2 141.2 134.8 145.2 112.1 152.6 137.5 126.6 126.8 136.9 135.6 136.2 129.1 145.9 134.9 131.2 128.1 139.8 137.3 140.6 129.0 148.0 136.6 133.5 130.4 141.0 140.8 138.3 129.8 154.1 139.6 140.5 131.5 COMMODITY AND SERVICE GROUP Commodities...................................................................................................... Commodities less food and beverage ............................................................ Services ............................................................................................................ 134.2 134.8 142.5 135.3 135.7 147.8 137.3 137.6 149.6 136.3 136.8 144.0 137.5 138.0 146.7 140.0 140.3 149.4 134.1 135.1 139.5 135.2 136.2 142.9 137.1 138.0 146.9 135.7 135.7 138.7 137.2 137.1 143.8 139.7 139.3 142.9 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 91 M ONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Consumer Prices 25. 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 1980 1981 1980 1981 Mar. Oct. Nov. Dec. Jan. Feb. Mar. Mar. Oct. Nov. Dec. Jan. Feb. Mar. U.S. city average 2 .............................................................. 239.8 253.9 256.2 258.4 260.5 263.2 265.1 239.9 254.1 256.4 258.7 260.7 263.5 265.2 Anchorage, Alaska (10/67=100) ........................................ Atlanta, Ga........................................................................... Baltimore, Md....................................................................... Boston. Mass........................................................................ Buffalo, N.Y.......................................................................... 223.5 Chicago, lll.-Northwestern Ind................................................. Cincinnati, Ohio-Ky.-Ind.......................................................... Cleveland, O hio.................................................................. Dallas-Ft. Worth, Tex............................................................ Denver-Boulder, Colo............................................................ 235.5 247.8 Detroit, Mich......................................................................... Honolulu, Hawaii ................................................................ Houston, Tex........................................................................ Kansas City, Mo.-Kansas .................................................... Los Angeles-Long Beach, Anaheim, Calif................................ 242.9 Miami, Fla. (11/77-100) .................................................... Milwaukee, Wis..................................................................... Minneapolis-St. Paul, Minn.-Wis.............................................. New York, N.Y.-Northeastern N.J........................................... Northeast, Pa. (Scranton).................................................... 127.7 242.7 231.2 229.0 Philadelphia, Pa.-N.J.............................................................. Pittsburgh, Pa....................................................................... Portland, Oreg.-Wash............................................................ St. Louis, Mo.-lll.................................................................... San Diego, Calif.................................................................... 253.6 238.1 258.3 San Francisco-Oakland, Calif................................................ Seattle-Everett, Wash........................................................... Washington, D.C.-Md.-Va....................................................... 243.8 238.8 236.5 250.2 239.6 253.7 234.6 260.3 264.3 234.6 272.3 254.8 252.6 266.4 255.5 247.9 256.3 244.7 247.0 249.2 259.0 247.3 250.5 262.0 251.9 259.4 249.4 252.4 253.2 259.7 266.1 235.2 249.7 281.4 259.4 270.2 243.3 281.5 261.9 261.6 268.2 2424 263.3 243.9 140.0 269.9 128.8 247.8 260.6 252.7 253.9 257.6 230.8 231.3 255.9 265.5 264.9 257.2 232.0 252.4 252.8 258.3 235.1 251.7 238.5 255.6 271.1 262.3 241.3 239.2 263.6 258.4 249.5 257.6 244.2 249.5 251.1 265.5 237.0 272.1 257.2 262.2 260.6 247.2 252.3 262.9 258.9 267.7 273.9 272.9 285.8 264.4 262.7 265.5 243.5 277.7 260.1 265.0 138.8 271.9 260.7 254.2 275.1 249.1 255.1 255.5 263.6 266.5 141.7 274.6 262.4 252.7 258.1 266.4 265.0 255.9 282.9 255.7 259.4 255.7 258.8 282.2 135.6 267.5 256.6 242.6 269.3 261.8 249.7 258.1 266.3 266.7 268.2 252.6 Area is used for New York and Chicago. 2 Average of 85 cities. 258.9 276.7 261.4 233.5 269.4 253.0 254.9 236.2 266.4 262.6 255.7 245.2 258.9 236.5 264.2 262.9 268.1 259.3 293.1 235.0 260.3 257.4 249.2 238.2 260.5 254.9 262.6 253.6 '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 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 268.5 266.4 255.7 287.7 261.9 253.8 279.1 243.9 234.2 273.5 274.4 137.3 266.2 133.9 262.1 255.5 243.1 259.6 277.3 269.7 236.1 274.8 259.1 258.7 220.2 270.3 262.3 251.4 258.9 264.5 266.5 269.5 271.9 241.1 263.0 264.3 256.4 246.5 259.9 262.1 2646 264.9 255.2 241.3 240.1 258.3 258.4 248.8 245.0 234.2 253.7 260.6 259.5 267.0 259.4 288.0 261.6 262.3 259.4 267.9 264.2 26. Producer Price Indexes, by stage of processing [1967 = 100] Annual average 1980 Apr. May June July Finished goods.................................................................... 246.8 242.1 243.4 244.9 Finished consumer goods.............................................. Finished consumer foods .......................................... Crude .................................................................. P'ocessed ............................................................ Nondurable goods less foods .................................... Durable goods.......................................................... Consumer nondurable goods less food and energy . . . . Capital equipment ........................................................ 248.8 239.4 237.1 237.7 283.9 205.9 192.1 239.5 243.7 230.1 224.1 228.8 281.5 202.3 188.5 236.2 245.2 231.9 229.1 230.3 284.2 201.9 189.6 236.7 246.8 233.0 224.5 231.8 285.9 204.1 191.1 2378 Intermediate materials, supplies, and components.................. 280.1 275.7 277.0 Materials and components for manufacturing.................. Materials for food manufacturing................................ Materials for nondurable manufacturing ...................... Materials for durable manufacturing............................ Components for manufacturing .................................. 265.5 263.7 259.5 301.0 231.4 260.6 241.5 258.1 296.1 227.6 262.5 2553 260.4 294.1 229.0 Commodity grouping 1980 1981 Aug. Sept. Oct. Nov. Dec.1 Jan. Feb. Mar. Apr. 249.3 251.4 251.4 255.4 256.2 r 257.2 259.8 262.4 265.3 267.7 251.7 241.6 240.9 239.7 288.4 207.5 192.8 240.6 254.1 246.5 247.0 244.4 290.0 208.1 193.9 241.9 254.1 247,4 259.8 244.3 290.9 206.2 194.6 241.8 257.9 248.9 250.5 246.7 293.9 213.1 196.9 250.2 r 258.9 '249.3 '254.8 '246.7 '296.2 '213.5 '197.6 '250.9 261.4 250.6 257.3 247.9 301.1 213.8 200,5 253.9 264.0 250.9 265.0 247,6 307.1 213.9 203.0 256.3 267.3 251.8 279.1 247.3 314.7 213.7 204.5 257.8 269.6 251.5 278.8 247.0 318.8 216.2 206.5 260.5 278.8 281.6 284.3 285.3 287.7 289.1 '291.9 295.5 297.8 301.4 305.4 264.3 259.7 261.0 297.0 230.3 265.6 264.4 261.7 297.3 2324 268.9 277.9 263.4 299.2 235.6 269.5 275.8 263.2 300.5 237.0 273.3 295.1 265.0 304.7 238.4 273.9 299.0 266.7 303.8 238.3 '275.7 '279.6 '268.5 '304.3 '246.3 278.7 277.9 273.4 306.9 249.0 279.7 273.8 275.8 305.5 251.7 281.0 267.9 278.7 306.5 253.5 283.9 264.0 283.8 310.2 255.2 FINISHED GOODS 257.0 248.0 237.8 246.9 291.7 214.0 195.6 249.2 INTERMEDIATE MATERIALS Materials and components for construction .................... 268.2 265.5 265.2 266.9 2696 271.4 271.7 272.4 274.0 '276.6 279.2 280.2 282.6 287.7 Processed fuels and lubricants...................................... Manufacturing industries............................................ Nonmanufacturing industries...................................... 502.7 425.3 570.7 496.6 415.2 566.7 498.2 420.9 565.9 502.0 425.4 569.6 514.2 431.0 586.1 517.4 436.0 588.4 519.5 440.8 588.9 516.2 440.6 583.7 521.3 445.2 589.3 '539.4 '457.9 '611.4 551.4 468.8 624.2 568.3 481.5 644.8 595.8 501.6 678.7 607.0 506.9 695.2 Containers .................................................................. 254.5 253.2 254.4 256.2 257.0 257.4 257.9 260.1 259.5 '260.6 264.7 268.0 270.6 274.2 Supplies...................................................................... Manufacturing industries............................................ Nonmanufacturing industries ...................................... Feeds .................................................................. Other supplies ...................................................... 244.5 231.8 251.1 229.2 253.5 239.7 229.0 245.4 205.2 253.0 240.0 230.5 245.0 207.5 251.9 241.2 232.8 245.7 205.1 253.4 245.3 234.2 251.1 225.2 254.7 247.7 235.4 254.1 234.7 255.8 250.3 236.1 257.6 246.8 256.9 252.3 237.5 259.9 250.3 258.8 255.2 238.7 263.8 259.2 261.3 '255.0 '239.5 '263.0 '251.5 '262.4 257.3 242.2 265.1 252.2 264.9 257.5 244.6 264.3 238.1 267.6 258.6 246.7 265.0 232.2 270.1 262.1 250.3 268.4 239.5 272.4 CRUDE MATERIALS Crude materials for further processing.................................. 304.2 286.2 289.3 288.4 304.3 317.0 319.3 322.8 324.6 '323.5 321.3 335.5 333.0 335.2 Foodstuffs and feedstuffs.............................................. 259.1 235.8 243.0 243.0 263.4 276.8 276.6 279.1 277.3 271.6 270.6 267.1 262.0 263.4 Nonfood materials........................................................ 399.9 393.4 387.5 384.6 390.8 401.9 409.8 415.4 424.9 '433.8 428.7 481.7 484.8 488.8 Nonfood materials except fuel.................................... Manufacturing industries ........................................ Construction.......................................................... 344.5 355,8 237.2 342.0 353.5 232.4 333.3 343.8 232.8 328.9 338.9 234.1 333.9 343.9 239.1 344.8 355.4 243.7 351.4 362.6 244.8 355.6 367.1 245.3 363.9 376.1 246.5 '373.3 '386.5 '247.4 365.8 377.5 254.3 428.1 445.7 257.9 430.6 448.2 260.2 432.7 450.4 262.3 Crude fu e l................................................................ Manufacturing industries ........................................ Nonmanufacturing industries .................................. 614.9 690.2 566.9 591.4 659.0 549.3 600.0 670.3 555.9 604.0 675.7 558.8 615.1 690.5 567.1 626.3 705.4 575.5 639.1 722.0 585.4 650.9 738.1 593.8 664.9 755.8 605.2 '670.2 '762.9 '608.9 677.6 772.2 614.9 679.0 773.1 616.8 685.2 781.4 621.5 697.2 795.9 631.6 Finished goods excluding foods............................................ Finished consumer goods excluding foods...................... Finished consumer goods less energy............................ 247.7 248.5 216.9 244.5 247.7 212.5 245.6 249.0 213.4 247.3 250.9 214.9 250.2 253.9 219.7 251.4 255.0 221.9 251.1 254.6 221.9 256.2 258.7 225.0 257.0 259.5 225.5 '258.2 '260.9 '226.0 261.2 263.8 227.7 264.4 267.3 228.9 268.0 271.7 229.8 271.2 275.1 231.3 Intermediate materials less foods and feeds.......................... Intermediate materials less energy ................................ 281.3 265.8 279.1 260.7 2796 261.9 281.5 263.5 283.8 265.5 285.8 268.3 286.6 269.2 288.2 272.2 289.3 273.3 '293.5 '274.9 297.4 277.7 300.4 278.6 304.7 280.0 309.0 283.4 SPECIAL GROUPINGS Intermediate foods and feeds .............................................. 252.2 229.5 239.7 242.0 251.4 263.7 265.9 280.3 285.7 '270.0 269.0 261.9 256.0 255.6 Crude materials less agricultural products ............................ Crude materials less energy.......................................... 480.3 256.7 437.7 238.7 430.2 241.0 428.6 239.0 434.6 256.1 447.1 268.5 454.1 269.9 463.2 272.4 473.8 271.7 '482.8 '267.5 478.0 265.9 543.7 262.6 547.5 259.4 551.9 261.1 ' Data for December 1980 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 Not available. r=revised. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NOTE: Figures in this table may differ from those previously reported because stage-of-processing indexes from January 1976 through December 1980 have been revised to reflect 1972 input-output relationships. 93 MONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Producer Prices 27. Producer Price Indexes, by commodity groupings [1967=100 unless otherwise specified] Annual Code 1981 1980 Commodity group and subgroup 1980 Apr. May June July Aug. Sept. Oct. Nov. Dec.1 Jan. Feb. Mar. Apr. All commodities ........................................................................ All commodities (1957-59 - 100).............................................. 268.6 285.0 262.8 278.8 264.2 280.3 265.6 281.8 270.4 286.9 273.8 290.5 274.6 291.4 277.8 294.7 279.1 296.1 280.8 297.9 283.5 300.8 286.9 304.4 289.6 307.3 292.8 310.7 Farm products and processed foods and feeds Industrial commodities 244.6 274.5 229.3 271.3 233.8 271.9 234.3 273.5 246.6 276.2 255.1 278.2 256.5 278.8 259.4 282.0 260.5 283.4 257.0 286.6 257.3 289.9 254.9 294.8 253.1 298.9 253.6 302.8 01 01-1 01-2 01-3 01=1 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 ................................................................ 249.3 238.5 239.0 252.7 202.1 271.1 271.2 171.0 247.1 298.1 228.9 223.2 210.8 230.5 171.9 266.9 265.4 153.3 205.1 304.8 233.5 244.0 219.0 233.3 171.3 272.7 265.4 140.5 206.9 311.0 233.4 233.5 215.3 240.0 166.6 247.0 265.5 146.8 207.4 309.4 254.3 252.0 244.8 260.5 227.2 267.0 265.8 159.3 251.4 292.4 263.8 254.0 256.5 275.7 224.5 280.8 271.6 176.9 261.5 282.7 267.0 266.2 260.6 266.8 241.0 295.2 275.5 188.4 280.7 292.0 263.6 240.9 269.2 263.0 222.9 278.5 280.9 175.2 284.4 285.8 264.9 246.6 270.9 254.8 221.0 287.2 284.7 194.0 298.3 296.6 265.3 r 245.1 265.2 251.4 218.9 294.1 290.5 217.5 310.2 296.0 264.4 257.7 277.7 244.3 213.1 284.1 288.4 185.7 311.8 296.1 262,3 270.4 267.5 244.6 220.8 268.4 289,5 184.8 295.0 295.1 260.6 291.6 261.8 239.3 213.5 270.1 289.5 180.4 289.5 295.9 263.2 285.2 264.7 246.6 195.4 274.2 287.2 196.2 2963 295.9 02 02-1 02-2 02-3 02=1 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 ................................................ Manufactured animal feeds ...................................................... 241.0 235.9 243.0 230.7 228.9 321.2 232.4 226.8 227.2 226.9 228.6 232.4 226.0 227.5 224.6 275.0 227.9 214.5 225.1 205.0 233.1 234.7 224.5 228.5 225.4 327.8 231.2 212.0 223.7 207.2 233.9 233.2 226.6 229.5 227.2 325.4 234.3 212.8 223.4 205.0 241.5 234.7 248.5 230.1 229.8 313.5 234.6 226.9 223.5 223.9 249.4 235.8 259.9 232.6 230.7 347.1 237.1 240.2 224.0 232.4 249.8 238.3 257.8 233.7 231.3 341.4 236.1 238.3 226.8 243.4 256.1 241.5 256.0 238.0 233.8 404,7 239.5 231.0 230.6 246.9 257.2 245.3 250.9 240.2 234.7 409.0 240,6 238.0 235.0 254.5 '251.5 '248.7 '248.1 '242.3 '236.6 '339.8 '240.5 '234.1 240.5 '247.1 252.4 250.8 248.8 245.2 237.4 338.6 240.4 230.4 244.2 247.9 250.0 251.7 243.9 245.5 244.1 324.7 242.2 228.3 248.0 235.3 248.1 251.9 242.0 245.5 251.8 302.6 242.8 230.0 249.2 231.5 247.4 253.5 239.2 245.8 258.7 286.0 243.4 232.6 249.9 237.8 INDUSTRIAL COMMODITIES 03 03-1 03-2 03-3 03=4 03-81 03-82 Textile products and apparel ........................................................ Synthetic fibers (12/75 - 100).................................................. Processed yarns and threads (12/75 - 100) ............................ Gray fabrics (12/75 - 100)...................................................... Finished fabrics (12/75 - 100) ................................................ Apparel.................................................................................... Textile housefurnishings............................................................ 183.4 134.8 122.2 137.7 115.7 172.2 208.3 181.2 130.4 122.1 137.0 114.5 170.0 201.6 182.0 133.2 124.2 136.5 115.3 170.2 202.6 183.0 134.5 122.8 134.8 115.8 172.7 202.7 184.7 136.0 122.4 135.7 116.6 174.4 210.7 185.6 137.5 123.2 137.5 116.8 175.1 211.0 186.6 139.5 124.3 141.0 117.0 175.0 212.9 188.1 140.2 125.1 143.5 118.3 176.2 213.8 189.6 140.7 125.8 145.0 119.1 176.8 213.8 '190.4 '140.8 '128.2 '144.0 '120.1 '177.5 '214.3 192.4 147.3 129.2 142.8 121.5 178.6 223.9 193.1 147.8 129.6 143.1 122.2 179.3 225.4 194.5 149.6 133.9 144.0 122.5 180.1 225.4 196.5 151.6 134.6 145.7 124.1 182.1 226.3 04 04-1 04-2 04-3 04=4 Hides, skins, leather, and related products .................................... Hides and skins........................................................................ Leather.................................................................................... Footwear ................................................................................ Other leather and related products............................................ 248.6 370.9 311.6 233.2 218.1 243.5 328.6 297.6 231.9 216.2 240.7 289.7 290.4 231.9 217.4 240.9 315.7 284.4 231.9 215.9 245.1 356.6 292.2 232.7 217.5 251.3 398.4 314.2 233.7 218.7 247.8 356.1 298.1 235.5 218.8 251.2 381.5 301.9 236.6 221.8 255.4 409.1 317.3 237.5 222.6 '256.9 392.8 332.4 '236.9 '225.3 258.5 377.8 332.6 238.6 230.7 257.4 367.3 310.0 240.8 235.8 262.4 <2> 322.5 240.5 243.4 264.9 (2) 337.8 241.1 243.5 05 05-1 05-2 05-3 05=4 05-61 05-7 Fuels and related products and power .......................................... Coal........................................................................................ Coke ...................................................................................... Gas fuels3 .............................................................................. Electric power.......................................................................... Crude petroleum4 .................................................................... Petroleum products, refined5 .................................................... 573.4 467.5 430.6 160.4 321.6 551.7 674.4 566.6 465.2 430.6 730.1 310.1 533.9 678.0 572.1 466.5 430.6 745.1 316.5 540.1 680.9 576.5 466.6 430.6 749.2 326.0 549.0 681.7 585.5 467.5 430.6 762.1 331.1 551.4 693.9 590.6 468.7 430.6 772.6 333.6 566.8 697.6 593.5 471.3 430.6 786.2 338.3 571.3 696.4 592.9 470.7 430.6 802.2 337.4 579.6 690.4 600.2 475.4 430.6 825.5 333.8 600.6 697.6 '615.7 '475.3 '430.1 '844.3 '337.6 '632.8 '717.0 625.9 477.5 430.6 857.9 341.7 615.2 736.0 663.8 480.8 430.6 858.8 345.4 842.9 767.8 692.2 481.3 430.6 867.6 350.4 843.0 822.4 703.8 486.4 430.6 884.5 355.8 842.6 839.1 06 06-1 06-21 06-22 06-3 06-4 06-5 06-6 06-7 Chemicals and allied products...................................................... Industrial chemicals6 ................................................................ 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.......................................... 260.2 323.8 235.4 273.8 174.4 297.9 256.9 279.4 224.6 259.8 322.1 231.5 272.1 172.6 298.2 258.5 287.6 223.1 262.5 328.5 238.8 273.9 172.8 294.7 258.5 288.4 224.8 262.8 329.5 238.8 275.0 174.4 255.8 257.6 287.6 226.9 263.3 328.7 238.8 277.2 175.7 260.0 258.7 285.7 228.5 264.4 330.0 238.8 278.4 176.1 307.6 260.0 281.5 229.0 263.4 327.5 239.3 278.9 176.8 304.5 260.6 276.5 229.1 264.8 330,0 239.3 279.6 178.4 302.0 260.6 276.1 230.9 266.7 332.7 241.4 279.8 181.1 308.2 261.1 276.2 232.4 '268.1 334.6 '241.4 '281.0 '182.6 '317.1 '263.3 '274.1 '234.1 273.6 342.8 243.3 283.1 184.7 310.6 265.8 275.2 244.1 277.2 349.4 246.9 286.4 187.4 289.7 271.3 276.1 246.7 279.4 352.5 246.9 288.3 189.1 295.7 274.8 278.3 247.8 285.8 360.8 248.5 295.2 190.9 312.7 277.3 285.4 256.4 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) .................................................. 217.3 237.7 263.9 236.6 227.6 120.9 214.1 233.4 264.7 231.8 222.1 119.7 215.0 234.7 263.9 233.2 224.0 119.9 217.3 236.8 264.1 235.6 226.4 121.4 218.8 239.0 263.4 238.0 229.3 122.0 220.5 240.2 264.3 238.0 232.0 123.2 222.0 242.6 267.3 242.1 232.1 123.7 222.8 244.6 271.7 245.2 232.0 123.6 223.4 245.0 271.0 245.2 233.3 124.0 '223.3 '244.9 '268.5 '245.2 '234.0 '123.9 224.9 246.9 278.0 240.5 241.1 124.7 226.5 249.2 280.8 243.1 243.0 125.3 228.8 253.0 280.6 248.2 246.5 125.9 230.9 253.9 279.1 250.3 246.8 127.8 08 08-1 08-2 08-3 08=1 Lumber and wood products.......................................................... Lumber.................................................................................... Millwork .................................................................................. Plywood .................................................................................. Other wood products................................................................ 288.8 325.6 260.5 246.6 239.1 275.6 310.1 257.5 219.8 241.7 272.1 301.4 251.8 230.6 240.7 279.8 313.0 253.0 241.7 238.7 289.2 327.2 255.9 252.8 236.9 296.1 333.7 260.3 266.0 236.2 292.2 328.0 264.5 252.6 236.8 289.0 320.6 264.5 252.9 236.7 293.4 324.9 270.0 256.6 236.6 299.4 333.0 273.3 263.5 236.2 296.6 331.6 273.6 251.1 238.5 294.5 327.8 273.8 248.6 238.1 293.6 324.7 275.7 246.7 239.3 298.1 331.3 276.5 254.4 238.2 See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 27. Continued— Producer Price Indexes, by commodity groupings [1967=100 unless otherwise specified] Code Commodity group and subgroup INDUSTRIAL COMMODITIES Annual average 1980 Apr. May June July Aug. Sept. Oct. Nov. Dec.1 Jan. Feb. Mar. Apr. 1981 1980 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.......................................................... 249.3 250.7 381.1 208.5 256.9 235.0 238.6 206.0 247.8 249.4 385.6 242.5 253.5 232.1 236.7 201.3 249.2 250.6 385.6 226.1 256.1 235.5 237.6 206.8 251.1 252.4 387.7 206.6 257.9 238.9 239.8 208.9 251.7 252.9 388.3 194.0 258.2 237.1 241.2 211.8 252.4 253.8 388.3 193.8 258.6 238.4 242.3 210.3 252.8 254.1 388.2 192.5 258.7 239.5 242.7 210.2 254.3 255.6 389.6 193.5 262.1 239.9 243.7 212.7 255.0 256.2 390.2 192.3 264.1 241.7 243.5 216.5 r 256.7 '257.9 '390.2 '191.5 '269.4 '239.6 '244.7 '219.7 262.0 261.0 392.6 191.5 271.0 251.0 247.0 219.1 266.2 264.6 392.6 186.1 273.1 253.2 252.0 225.2 268.4 266.9 392.6 185.1 274.0 255.9 255.1 227.3 270.6 269.1 396.6 184.2 275.5 257.8 257.4 231.9 10 10-1 10-13 10-2 10-3 10-4 10-5 10-6 10-7 10-8 Metals and metal products .......................................................... Iron and steel .......................................................................... Steel mill products.................................................................... Nonferrous metals.................................................................... Metal containers ...................................................................... Hardware ................................................................................ Plumbing fixtures and brass fittings............................................ Heating equipment.................................................................... Fabricated structural metal products.......................................... Miscellaneous metal products.................................................... 286.2 305.1 302.7 304.2 298.6 240.1 246.6 206.2 270.4 250.2 284.4 307.2 304.1 298.3 304.1 237.3 243.8 204.2 269.1 246.1 281.8 304.8 305.5 289.7 302.7 238.4 247.5 204.0 269.9 246.7 281.9 303.4 305.8 288.8 302.7 240.5 248.6 205.0 270.1 250.4 282.5 300.6 301.0 292.6 303.0 242.6 249.7 296.2 272.2 251.1 285.1 302.6 301.0 298.4 303.2 243.3 250.4 208.0 273.0 253.2 287.3 304.5 301.0 302.2 303.2 245.9 250.6 208.8 274.1 255.0 291.9 310.5 307.5 309.4 304.4 246.6 250.6 210.6 276.9 256.3 291.1 312.7 309.4 302.1 303.3 249.6 252.3 212.0 278.0 256.9 '290.6 '316.4 '313.7 '293.4 303.3 '251.7 '254.9 '214.0 '279.3 '257.6 293.6 322.8 322.7 290.6 311.4 252.5 255.5 215.4 283.0 261.3 293.7 323.0 322.9 286.2 313.8 256.0 259.0 216.1 285.6 264.0 296.1 328.0 328.7 285.5 314.1 256.5 259.2 217.6 289.4 265.7 298.7 330.9 331.8 288.0 314.1 256.4 265.2 218.8 293.5 268.1 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.......................................................... 239.6 258.1 289.2 274.3 264.3 275.9 201.7 229.8 236.4 254.4 284.2 270.2 261.1 271.9 198.9 227.2 237.6 256.4 285.9 272.9 262.8 273.0 199.9 227.3 239.2 257.1 287.6 275.4 264.8 274.3 201.6 228.2 241.5 258.6 291.5 278.0 266.1 276.7 203.7 231.1 242.6 259.9 293.4 278.8 267.0 277.1 205.0 232.1 244.7 263.9 295.7 280.2 270.0 283.0 206.0 233.6 246.8 265.4 299.1 282.5 272.5 286.0 207.0 236.5 248.3 271.6 300.1 283.9 274.3 287.7 207.5 238.5 '249.8 '272.9 '301.4 '285.7 '275.6 '290.9 208.9 '239.6 252.7 273.5 304.9 289.3 278.2 295.3 211.9 241.8 254.8 277.2 308.4 291.2 279.9 299.3 213.6 243.7 256.9 278.7 311.3 294.7 281.3 300.9 215.9 245.4 259.2 281.2 314.7 298.1 283.1 303.8 217.8 248.1 12 12-1 12-2 12-3 12-4 12-5 12-6 Furniture and household durables ................................................ Household furniture.................................................................. Commercial furniture................................................................ Floor coverings........................................................................ Household appliances .............................................................. Home electronic equipment ...................................................... Other household durable goods ................................................ 187.3 204.2 235.9 163.0 173.8 91.0 277.7 184.4 200.3 233.6 162.2 171.1 91.4 267.3 185.4 203.0 233.9 161.9 173.2 92.0 265.6 186.5 204.0 235.5 162.1 175.5 91.8 266.5 188.0 206.5 237.2 163.2 175.8 91.7 271.5 188.9 208.0 237.3 163.8 176.3 91.3 275.9 189.5 208.5 237.8 163.9 177.2 91.6 276.2 190.9 209.8 241.4 164.4 177.5 91.5 281.8 191.5 210.9 242.2 165.5 178.5 91.2 281.2 '193.1 '212.1 242.4 '170.7 '179.5 91.0 '285.7 193.2 211.3 246.1 172.3 181.0 91.0 278.3 194.6 212.1 251.2 172.4 182.3 91.7 280.2 195.4 214.4 253.2 174.0 183.0 91.3 277.6 196.4 216.9 254.3 176.2 183.8 91.3 276.2 13 13-11 13-2 13-3 13-4 13-5 13-6 13-7 13-8 13-9 Nonmetallic mineral products........................................................ F at glass ................................................................................ Concrete ingredients ................................................................ Concrete products.................................................................... Structural clay products excluding refractories............................ Refractories ............................................................................ Asphalt roofing ........................................................................ Gypsum products .................................................................... Glass containers ...................................................................... Other nonmetallic minerals........................................................ 282.8 196.5 273.4 273.9 231.5 264.9 396.7 256.3 292.7 394.0 283.7 195.3 271.7 272.9 235.0 261.7 408.9 264.0 294.3 399.6 284.0 195.3 272.4 275.2 230.0 264.4 401.1 256.5 294.3 400.7 283.4 193.6 273.2 275.8 230.1 265.8 400.9 257.1 294.3 394.8 284.8 194.3 275.9 275.9 230.1 268.7 413.8 253.1 294.3 396.9 286.0 199.5 278.6 276.0 229.7 270.6 411.2 251.8 294.3 397.1 286.8 199.7 278.9 277.3 230.1 270.6 407.9 251.8 294.6 400.7 288.6 200.7 279.0 277.5 233.3 273.2 408.5 249.5 306.2 402.7 288.7 203.1 279.1 277.7 233.5 273.2 397.1 253.3 306.2 403.3 '291.2 203.0 '279.7 '277.6 '233.6 '273.2 394.6 252.7 '311.4 '418.9 296.3 203.9 287.5 285.6 240.0 283.5 404.1 259.6 311.5 417.9 297.7 204.3 289.6 286.6 240.4 294.4 389.3 257.3 311.5 424.7 301.2 204.8 291.9 286.9 245.2 297.1 400.7 257.6 311.5 441.7 310.2 208.1 296.4 289.5 245.6 297.3 416.3 256.8 326.0 479.9 14 14-1 14-4 Transportation equipment (12/68 - 100)...................................... Motor vehicles and equipment .................................................. Railroad equipment .................................................................. 206.6 208.7 313.0 203.2 205.4 309.9 202.5 204.5 310.5 203.1 205.2 312.2 206.2 208.6 316.4 208.8 211.7 318.0 204.4 205.6 320.0 217.4 218.2 323.3 217.8 '224.3 218.6 '226.2 323.6 '323.9 226.4 228.5 327.8 228.5 230.2 334.4 228.5 229.9 335.8 231.5 233.2 341.8 15 15-1 15-2 15-3 15-4 15-51 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 .................................................. 258.7 198.4 245.5 217.2 203.0 149.9 363.3 252.8 195.4 238.1 216.8 212.3 149.4 340.9 251.7 196.0 247.7 217.0 199.6 150.4 340.2 258.0 197.5 248.1 217.0 201.7 150.6 360.2 261.7 200.2 248.2 221.7 201.6 151.2 370.9 260.1 201.3 248.2 223.8 200.9 151.4 364.6 265.1 202.3 248.2 223.9 200.9 151.7 381.9 266.0 202.7 249.4 224.0 200.8 153.2 383.4 263.6 202,8 254.4 224.1 206.7 152.7 367.0 263.0 207.8 254.3 227.0 207.3 152.3 359.5 263.2 209.5 255.3 247.3 209.6 152.5 353.2 262,4 210.4 255.4 247.3 211.1 154.4 346.7 265.5 211.7 268.4 248.4 211.6 155.2 347.8 1Data for December 1980 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 Not available. 3 Prices for natural gas are lagged 1 month. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis '265.3 '205.7 '254.8 225.0 '206.6 '153.0 '370.5 4 Includes only domestic production. 5 Most prices for refined petroleum products are lagged 1 month. 6 Some prices for industrial chemicals are lagged 1 month. r=revised. 95 MONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Producer Prices 28. Producer Price Indexes, for special commodity groupings [1967=100 unless otherwise specified] Annual 1981 1980 Commodity grouping 1980 Apr. May June July Aug. Sept. Oct. Nov. Dec.1 Jan. Feb. Mar. Apr. All commodities less farm products All foods Processed foods Industrial commodities less fu e ls ...................................... Selected textile mill products (Dec. 1975 - 1 0 0 ) ........... H osiery.............................................................................. Underwear and nightwear................................................. Chemicals and allied products, including synthetic rubber and manmade fibers and yarns .................................... Pharmaceutical preparations............................................ Lumber and wood products, excluding millwork and other wood products..................................................... Special metals and metal products ................................. Fabricated metal products ............................................... Copper and copper products .......................................... Machinery and motive products........................................ 269.4 244.5 246.6 243.4 124.4 123.3 185.5 264.8 231.9 234.1 240.5 122.2 121.1 182.4 265.9 237.3 239.0 240.6 122.9 121.5 182.8 267.5 237.7 239.9 242.0 123.7 122.2 187.1 270.9 245.9 247.3 243.9 125.5 123.5 188.3 273.8 254.1 255.7 245.6 126.0 125.9 189.3 274.3 254.3 254.9 246.0 126.6 126,4 189.5 278.1 258.8 261.7 249.6 127.5 126.2 189.7 279.4 259.7 261.9 250.3 128.1 126.7 190.3 '281.2 r 254.3 r 255,5 r 252.3 '129.3 '126.4 '190.6 284.2 255,1 256.4 255.0 131.8 129.2 199.5 288.0 253.9 254.2 256.6 132.7 130.1 201.2 291.1 253.2 252.2 258.2 133.1 130.5 201.6 294.3 251.6 250.5 261.4 134.6 134.1 202.1 250.7 167.1 250.0 165.6 252.8 165.9 253.8 167.6 254.2 168.1 254.7 168.4 254.0 168.8 255.4 170.8 257.0 173.7 258.2 174.6 264.2 177.1 268.0 179.7 270.2 181.8 276.0 184.0 303.8 258.3 258.2 222.1 230.1 284.7 255.8 255.9 222.0 226.7 282.0 254.0 256.8 212.2 227.1 293.5 254.4 2586 208.5 228.3 306.9 256.2 259.9 214.5 231.0 315.5 259.0 261.2 220.4 232.9 307.4 257.8 262.6 214.1 232.1 302.3 265.7 264.3 216.5 239.2 306.5 265.7 265.2 215.7 240.2 314.2 '268.6 266.3 '210.8 '244.1 309.2 271.3 270.0 207.8 246.7 305.7 272.2 272.6 205.9 248.8 303.0 273.5 274.7 205.2 250.0 310.1 276.4 277.3 207.5 252.6 Machinery and equipment, except electrical.................... Agricultural machinery, including tra c to rs ........................ Metalworking machinery................................................... Numerically controlled machine tools (Dec. 1971 = 100) Total tractors..................................................................... Agricultural machinery and equipment less parts ........... Farm and garden tractors less parts ............................... Agricultural machinery excluding tractors less parts . . . . Industrial valves................................................................ Industrial fittings................................................................ Abrasive grinding wheels ................................................. Construction materials ..................................................... 261.8 266.2 299.5 225.6 286.5 260.2 268.0 265.0 287.1 291.8 ( 2) 266.3 258.2 261.9 293.6 223.8 280.8 256.2 263.7 260.7 287.8 289.9 261.4 262.3 259.6 263.9 296.8 226.9 282.9 258.0 264.7 263.6 288.4 291.5 261.3 261.8 261.2 264.7 299.7 228.5 284.0 258.7 264.8 265.0 290.1 295.9 261.3 264.2 263.7 266.3 303.3 228.7 288.3 260.8 267.2 265.9 291.1 296.1 261.5 267.0 264.6 268.1 304.5 229.3 291.1 262.2 270.3 266.6 291.3 296.1 261.5 269.6 270.2 272.9 306.5 230.0 295.8 266.5 277.3 269.7 292.4 296.1 261.3 269.3 273.0 274.8 309.6 231.7 298.3 268.3 278.0 272.5 294.6 298.6 263.4 269.9 275.1 280.9 311.2 232.1 299.9 273.7 282.4 279.9 296.0 298.6 273.0 271.9 '276,7 '281.4 '314.1 '230.6 '301.2 '274.3 '282.4 '280.9 '297.8 298.6 273.8 '274.1 276.6 283.3 318.9 235.0 304.8 276.3 283.6 283.3 297.9 298.6 <2) 276.7 278.9 285.8 320.0 235.4 310.2 279.0 286.4 285.5 302.7 296.0 ( 2) 277.1 280.9 286.7 323.3 236.1 310.9 280.2 286.8 286.9 306.8 298.8 (2) 279.0 283.5 287.8 325.7 236.1 315.6 281.7 288.5 287.5 310.4 302.7 ( 2) 283.4 ' Data for December 1980 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. 29. 2 Not available, Producer Price Indexes, by durability of product [1967 = 100] Annual average 1980 Apr. May June July Aug. Sept. Oct. Nov. Dec.1 Jan. Feb. Mar. Apr. Total durable g o o d s....................................................... Total nondurable goods ................................................. 251.2 2823 247.7 274.4 247.1 277.6 248.7 278.8 251.2 285.6 253.1 2903 253.7 291.2 258.4 293.0 258.6 295.2 '261.0 '296.3 261.9 300.7 263.1 306.0 264.5 310.0 267.4 313.3 Total manufactures ....................................................... Durable..................................................................... Nondurable .............................................................. 261.4 250.5 272.9 257.0 246.7 267.9 258.3 246.7 270.7 259.8 248.5 271.7 263.0 251.0 275.9 265.7 252.7 279.5 265.8 253.1 279.5 269.6 257.8 282.1 270.5 257.9 284.0 '272.0 '260.4 '284.3 276.4 261.5 292.5 278.7 262.7 295.9 281.8 264.0 301.0 284.8 266.9 304.3 Total raw or slightly processed goods ........................... Durable..................................................................... Nondurable .............................................................. 305.4 278.0 306.4 290.4 286.0 289.8 292.7 262.2 294.0 293.8 249.9 296.1 307.7 255.2 310.6 315.7 265.8 318.4 319.9 274.9 322.2 319.6 282.7 321.3 322.9 285.6 324.6 '326.2 '284.0 '328.2 318.6 275.7 320.7 328.9 275.7 331.7 329.7 280.8 332.2 333.3 286.2 335.6 Jan. Feb. Mar. Apr. Commodity grouping 1981 1980 1Data for December 1980 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. 30. Producer Price Indexes for the output of selected SIC industries [1967 = 100 unless otherwise specified] 1972 SIC code Industry description Annual average 1980 Apr. May June July Aug. Sept. Oct. Nov. 152.9 331.2 466.8 640.2 252.0 136.0 152.6 337.5 464.6 612.5 248.6 136.6 152.6 337.5 466.0 619.6 249.3 136.6 152 6 322.9 466.0 631.5 250.0 136,6 155.8 331.2 466.9 638.0 254.8 136.6 155.8 329.1 467.9 656,7 255.8 136.6 155.8 335.4 470.3 667.6 258.5 136.6 155.8 338.7 469.7 681,8 261.8 137.2 155.8 343.7 474.2 704.6 263.2 132.1 155.8 325.0 '473.9 '731.7 '264.3 133.7 155.8 297.9 475.8 722.9 269.0 137.1 168.1 324,5 478.3 885.6 271.7 137.1 168.1 335.4 478.8 889.6 274.9 137.1 168.1 354.1 483.9 895.9 277.3 137.1 244.3 219.9 191.9 258.5 225.6 197.9 164.5 252.7 227.2 193.3 164.7 253.7 230.0 190.9 164.2 255,7 249.1 213.7 214.2 256.3 265.3 233.0 212.1 268.5 257.1 240.0 226.0 265.8 258.0 247.0 211.3 273.2 251.4 249.5 205,9 273.3 '249.0 '247.4 201.8 274.8 245.8 235.3 201.9 273.7 237.3 232.7 208.3 273.5 236.1 229.9 203.9 273.6 237.7 227.1 186.7 273.4 1981 1980 Dec.1 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 footnote at end of table. 96 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 30. Continued — Producer Price Indexes for the output of selected SIC industries [1967 = 100 unless otherwise specified] 1972 SIC code Industry description Annual average 1980 Apr. May June July Aug. Sept. Oct. Nov. 1981 1980 Dec.1 Jan. Feb. Mar. Apr. 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 .............................................................. 205,0 193.3 221.7 160.2 189.1 243.4 124.3 414.1 349.6 290.7 201.9 191,3 216.3 157.5 175.0 260.4 116.5 320.2 296.6 282.0 201.9 192.1 217.3 156.4 182.3 254.5 116.9 456.1 339.9 282.0 202.5 195.2 219.9 156.3 180.8 236.0 116.2 402.4 348.0 282.0 203.4 195.2 222.9 157.7 188.6 225.3 122.2 381.8 342.3 282.4 206.8 195.5 223.4 159.6 193.1 219.9 126.6 484.0 365.5 282.4 208.0 196.1 224,3 159.9 196.1 225.9 129,6 458.9 384.5 302.4 213.7 199.5 227.6 162.6 201.5 237.2 129.2 588.2 460.1 322.4 214.9 199.8 231.1 168.6 205.1 265.8 133.3 563.8 512.2 322.9 '216.1 '207.5 '232.0 ' 170,4 199.5 287.2 '133.9 402.9 '423.3 322.9 217,8 210,1 233.7 172.9 203,4 289.6 132.9 418.0 375.6 323.0 217.4 210.6 238.3 170.1 198.0 289.6 129.7 367.1 403,1 323.0 217.5 210.6 241.7 172.9 195.1 298.0 127.0 318.8 375.0 323.1 218.1 211.4 245.0 174.5 201.5 300,9 128,8 275.7 360.7 323.1 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.................................................................... 192.9 244.2 290,1 249.9 123.0 174.0 367.1 269.3 233.8 254,6 154.7 211.9 274.0 244.1 118.7 170.2 370.5 273.9 230.5 246.3 150.4 212.9 262,9 244.1 118.9 173.1 360.0 273.9 230.5 257.3 155.1 208.6 238.9 244.1 120.5 175.3 361.2 283.1 230.5 257.4 191.3 37.4 274.5 244.1 121.0 175.9 363.7 274.5 230.5 257.4 215.1 256.9 297.4 244.1 127.7 177.5 365.2 274.7 230.5 257.4 232.9 275.2 307,0 244.1 127.7 178.6 355.0 263.9 239.3 257.4 218.7 279.2 311.0 267.4 127.9 180.0 353.8 257.0 243.6 257.8 231.8 290.5 317.2 267.4 128.5 183.1 353.3 252.5 243.6 263.5 228.0 '270.5 '311.8 267.4 129.2 183.4 '353.9 248.5 243.6 '263.6 221.2 272.0 310.8 286.1 129.2 187.0 375.4 238.2 243.6 263.5 193.7 253.0 287.2 286.1 133.9 186,8 367.2 238,3 243.6 263.9 204.4 253.0 284.2 286.1 133.9 187.6 385.7 238.3 243.6 263.9 218.3 257.7 301.7 286.1 133.9 187.8 394.9 238.5 243.6 278.3 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) ................ 157.7 278.2 215.6 124.5 106.4 190.0 104.5 135.1 113.6 155.3 279.2 211.3 123.0 105.0 186.8 104.0 132.4 110.7 155.3 278.6 212.9 122.4 105.4 187.1 104.4 134.5 111.8 159.8 278.6 212.9 121.2 105.4 190.4 105.0 134.6 112.1 159.9 279.5 217.7 123.0 105.4 192.6 105.4 137.2 113.8 159.9 279.7 219.0 124.9 108.8 192.9 105.7 137.3 114.1 159.9 279.7 221.9 127.7 108.8 194.1 105.8 136.9 115.3 163.7 295.0 223.4 130.7 108.7 194.2 106.7 139.1 117.3 164.0 295.0 224.2 133.0 109.0 194.7 107.1 139.3 117.9 '165.1 '298.8 '225.0 '132.5 '108.6 195.0 '107.5 ' 140.2 '120.5 163.6 294.2 227.2 131.5 109.1 205.5 107.9 142.4 121.6 162.6 310.4 230.2 131.8 109.2 208.6 108.2 144.5 123.0 164.2 310.4 232.3 132.9 109.0 209.4 107.8 144.6 124.2 165.6 320.4 235.2 134.2 114.2 209.7 109.3 146.8 124.8 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................................ 138.1 203.5 114.8 139.1 123.6 212.5 204.1 208.0 112.6 174.5 137.3 203.7 114.8 134.6 123.6 209.7 204.0 204.2 112.4 174.9 137.1 204.5 118.1 143.0 123.8 210.9 203.7 204.3 112.4 174.9 137.4 202.8 115.8 142.9 125.0 211.6 205.1 208.5 112.4 175.1 137.7 202.9 115.0 143.0 125.0 214.9 206.5 211.1 112.4 175.3 138.3 204.3 115.8 143.1 125.0 '214.9 206.7 211.2 112.4 175.3 138.3 206.2 117.2 143.1 125.0 214.9 207.7 212.8 112.4 175.3 138.8 207.9 118.2 143.8 127.1 216.2 208.0 212.8 112.4 180.2 140.0 209,9 118.4 143.9 129.2 216.3 208.6 212.8 112.4 180.2 '145.7 '215.1 ' 120.1 143.9 129.3 216.1 '209.5 '212.9 115.4 180.3 148.1 217.0 121.5 144.1 129.3 218.1 203.1 224.8 115.4 180.4 148.2 218.1 121.6 144.3 129.3 219.7 203.9 229.0 115.4 180.4 150.2 220.6 129.5 148.4 130.9 220.4 205.0 230.9 115.4 180.4 152.5 221.0 130.6 150.8 132.7 220.5 205.3 230.9 115.4 185.7 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 - 100).................. Automotive and apparel trimmings (12/77 = 100).......... Sawmills and planing mills (12/71 = 1 0 0 )...................... 240.4 110.0 114.7 154.5 126.6 109.8 268.6 124.0 122.4 227.5 241.2 107.6 113.9 153.1 125.4 106.3 267.5 123.4 122.3 215.8 241.8 107.6 113.9 153.2 125.4 105.6 271.1 123.4 122.3 209.4 242.6 107.8 114.0 155.0 126.6 108.0 271.1 123.4 122.3 218.1 244.8 111.4 114.0 155.4 127.8 112.7 271.1 123.4 122.3 228.9 244.1 112.6 115.4 156.9 129.0 112.7 271.1 123.4 122.3 234.2 243.9 112.6 115.4 155.4 129.0 112.2 271.1 123.9 122.3 229.0 244.3 114.0 116.3 156.0 129.0 112.7 271.1 125.1 122.3 223.2 244.3 114.0 116.3 157.1 129.1 115.1 272.1 125.1 131.0 226.8 '244.4 ' 115.4 116.3 '158.1 '129.1 ' 117.4 272.1 126.1 131.0 233.5 241.6 114.8 116.4 166.1 132.1 117.1 284.9 127.4 131.0 232.4 241.7 114.8 116.7 168.0 133.2 117.7 289.1 127.4 131.0 230.0 241.9 115.1 117.9 168,0 134.5 118,0 289.1 128.4 131.0 228.1 246.2 115.2 118.2 169.5 134.5 119.2 289.1 129.9 131.0 231.9 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 = 100).............. Mattresses and bedsprings............................................ Wood office furniture .................................................... Pulp mills (12/73 = 100).............................................. 144.6 155.8 160.1 150.0 161.1 183.6 162.6 179.0 235.3 240.8 121.9 158.2 164.6 149.5 161.9 180.0 160.9 172.8 233.9 243.8 130.3 152.1 162.8 150.5 167.3 182.2 161.1 176.0 233.9 243.9 140.5 152.1 159.7 150.7 171.7 183.5 162.5 176.0 234.0 243.9 150.4 152.1 157.1 151.3 168.7 185.1 166.1 180.8 235.5 244.5 160.7 152.2 156.0 151.4 169.4 186.4 166.2 186.4 235.5 244.5 149.6 155.5 154.9 151.8 163.7 187.7 166.2 186.4 235.5 244.4 149.1 156.2 154.6 153.2 159.8 188.1 167.7 186.5 239.7 246.1 152.3 157.0 154.7 152.7 163.6 189.1 168.6 186.5 239,7 246.8 158.2 157.1 154.1 '153.1 '165.9 ' 190.0 '170.5 '186.5 '240.9 '246.8 149.8 157.1 153.8 152.4 162.7 191.2 166.9 186.2 244.0 249.1 147.0 157.0 152.8 152.5 169.1 191.7 167.2 188.2 250.3 249.1 145.3 157.1 152.7 154.5 171.0 193.4 170.0 192.1 253.5 249.1 151.2 158.3 153.0 155.3 179.6 195.3 173.4 194.5 254.6 253.4 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) ............................ 145.6 139.1 322.3 216.4 151.0 249.3 143.1 255.5 132.6 124.1 145.0 137.9 316.7 212.9 146.6 241.2 146.4 256.8 128.5 123.6 145.8 139.5 319.3 215.5 148.7 246.5 147.3 259.3 131.7 124.5 146.2 141.2 321.2 217.2 150.6 250.0 146.9 259.6 132.8 123,4 146.4 140.3 327.4 218.2 155.2 251.9 146.1 259.8 133.4 122.6 146.7 141.1 331.1 220.3 155.2 257.3 144.4 260.5 134,9 123.7 146.7 141.7 331.1 222.3 155.2 257.2 141.5 260.1 137.1 127.2 148.2 142.3 332.6 222.3 155.5 257.9 141.5 260.9 138,0 130.3 149.2 143.2 334.7 222.3 155.5 265.1 141.5 260.4 138.7 130.0 '150.7 '142.4 '338.2 '225.3 '155.0 '262.3 '140.9 '262.5 '138.9 131,8 152.0 148.3 339.2 233.2 157.7 282.5 142.7 274.6 144.8 135.1 152.8 149.4 343.6 236.5 159.7 290.5 143.5 279.5 145.4 137.9 153.5 151.0 344.1 239.1 159.7 292.4 144.4 282.8 148.1 141.6 154.3 152.0 344.2 240.4 159.9 293.6 148.1 286.9 150.8 147.1 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) ............................ 237.1 246.6 269.7 248.5 171,5 173.3 202.9 237.2 245.2 271.4 250.5 172.7 178.2 199.1 236.3 248.5 272.8 253.0 172.7 174.8 200.1 235.7 249.0 273.7 253.3 172.6 175.0 202.2 234.8 249.8 273.8 255.9 174.7 180.9 204.1 240.6 249.3 273.4 256.9 175.1 179.8 204.1 240.8 250.2 273.3 256.4 176.0 178.3 207.4 239.3 250.6 273.5 254.6 176.2 178.6 209.9 239.6 252.9 272.9 256.3 176.2 173.5 209.9 '245.4 '252.2 '282.8 '261.4 181.5 172.5 '210.1 247.5 255,9 288.7 268.1 182.1 176.5 206.6 248.4 267.2 295.3 279.1 185.4 170.0 209.0 250.8 269.1 3038 298.2 189.1 174.3 213.5 249.0 271.8 324.8 305.7 199.0 180.6 215.2 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 97 MONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Producer Prices 30. Continued Producer Price Indexes for the output of selected SIC industries [1967=100 unless otherwise specified] 1972 SIC code Industry description Annual average 1980 Apr. May June July Aug. Sept. Oct. Nov. Dec.1 Jan. Feb. Mar. Apr. 184.4 195.1 126.2 151.4 1981 1980 3021 3031 3079 3111 3142 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).................................... House slippers (12/75 = 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) .............................................................. G.ass containers............................................................................ 178.0 184.0 121.5 147.1 149.6 159.9 213.5 137.9 161.3 292.6 173.7 185.9 120.3 140.8 145.4 158.5 213.8 132.1 160.8 294.2 173.7 186.5 120.5 137.9 145.4 158.5 213.8 140.8 160.8 294.2 173.8 186.5 122.2 134.6 145.4 158.5 213.8 140.9 158.9 294.2 181.8 186.5 122.7 137.7 151.1 158.5 214.2 140.9 159.5 294.2 181.9 185.9 123.9 147.9 151.1 159.5 214.3 140.0 162.6 294.2 182.0 185.9 124.4 140.0 151.1 161.5 215.2 140.9 162.8 294.2 182.0 184.0 124.2 <2) 153.5 161.6 217.1 140.9 163.8 306.1 182.4 184.1 124.6 149,3 158.2 162.4 217.1 140.9 166.4 306.1 r 182.3 r 186.7 r 124.5 156.6 154.9 162.4 r 217.1 140.9 166.3 311.4 183.2 188.3 125.1 157.0 (2) 164.7 217.9 149.5 167.1 311.4 183.7 192.1 125.6 145.5 ( 2) 166.4 220.0 149.5 167.5 311.4 ( 2) 167,4 218.8 149,7 168.1 311.4 183.7 195,2 128.4 158.6 ( 2> 168.4 218.7 149,7 171.7 325.9 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................................................................ 309.8 277.3 122.5 274.1 202.8 234.8 317.3 295,4 152.6 257.3 312.6 276.4 130.4 273.9 203.1 227.6 313.4 295.1 151.4 259.3 313.8 278.5 117.6 275.6 204.1 236.1 313.4 293.9 151.5 259.4 313.8 278.5 117.6 275.9 204.4 235.8 318.6 294.7 152.7 259.4 313.3 278.5 117.6 279.2 204.7 237.2 318.3 294.6 152.7 259.5 313.1 277.6 117.6 279.5 205.0 240.4 318.3 294,6 152.7 259.5 312.3 278.5 117.6 279.7 204.8 241.1 318.7 296.4 153.3 260.5 311.8 282.6 120.1 280.2 204,9 241.5 327.4 297.9 155.4 259.4 310.5 282.9 120.1 280.7 205.0 242.6 327.4 297.9 155.5 259.4 '310.5 r 282.9 120.1 '280.7 '205.1 245.0 327.4 '297.9 '155.5 259.4 319.2 287.5 127.1 293.1 209.9 244.7 327.4 298.3 155.4 264.1 319.1 287.0 127.1 306.9 213.3 248.9 327.4 298.3 155.4 264.9 321.3 296.2 127.2 309.9 213.5 249.4 328.0 307.6 158.4 263.2 329.0 297.0 127.2 310.3 213.1 252.0 328.2 307.6 158.5 267.3 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).................................................. 279.9 157.8 256.7 212.6 161.2 310.4 117.7 283.9 291.0 282.0 278.8 157.1 264.6 212.0 157.4 312.0 118.7 285.9 286.8 279.8 281.5 157.3 257.0 211.8 159.7 313.3 118.6 288.1 286.9 280.5 282.5 157.7 257.5 213.5 161.2 313.5 118.7 288.2 290.4 2825 282.6 159.6 253.5 215.2 162.8 308.6 117.1 282.2 292.4 283.0 282.6 160.2 252.3 215.7 164.9 308.5 117.1 282.3 292.6 283.2 283.6 158.8 252.2 217.1 164.8 308.6 117.2 282.3 292.6 283.3 282.7 160,8 250.0 218.8 167.8 314.8 117.3 288.1 294.2 289.7 282.8 160.8 253.6 220.2 167.5 316.6 117.3 288.8 302.4 290.1 '282.9 '161.8 253.1 220.6 167.6 '320.7 117.3 '293.3 '308.4 '290.7 294.0 165.8 259.9 222.7 172.4 328.7 119.9 302.8 315.0 291.9 295.4 171.9 257.6 226.9 177.5 328.9 119.9 303.1 315.7 293.0 296.1 172.8 257.9 229.7 179.0 334.0 120.0 306.1 326.2 293.0 298.6 172.4 257.1 232.0 178.9 336.6 120.8 308.3 333.1 296.9 3333 3334 3351 3353 3354 3355 3411 3425 3431 3465 Primary z in 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) .............................. Metal c a r s .................................................................................... Hand saws and saw blades (12/72 - 100) .................................... Metal sanitary ware........................................................................ Automotive stampings (12/75 - 100) ............................................ 269.9 298.3 227.6 158.2 167.7 146.2 291.6 182.0 248.3 137.0 274.3 276.0 227.4 157.8 167.7 143.8 295.1 178.0 245.5 133.5 268.2 287.0 222.8 157.6 167.7 145.2 295.2 181.5 249.7 133.8 268.6 290.1 220.2 157.8 167.7 146.7 294.9 181.9 249.9 137.8 255.9 312.1 222.8 158.2 168.3 147.4 295.6 183.5 250.9 137.8 255.9 312.2 226.2 157.6 168.4 147.6 295.9 185.4 251.4 139.8 264.0 313.0 220.2 157.6 168.2 147.5 296.1 185.8 251.4 140.1 269.9 325.6 222.0 161.5 173.2 150.7 297.9 186.8 251.5 140.2 282.0 328.5 222.9 163.3 176.3 151.2 297.2 187.2 252.2 140,9 '288.7 '328.0 '222.8 165.1 176.4 '151.1 '297.3 '190.5 '253.8 '141.2 289.4 333.9 221.9 169.3 176.8 155.5 302.1 195.0 255.9 143.3 296.3 334.9 215.4 170.7 177.1 157.5 303.0 195.1 256.3 144.1 296.0 334.8 212.0 172.1 177.3 157.5 304.7 197.6 256.6 144.5 308.0 334.6 212.1 173.9 180.6 157.5 304.7 197.8 262.9 145.2 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 = 100)............................................ 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 = 100).......................... 146.8 230.2 229.7 315.5 274.9 140.9 258.3 337.7 239.2 279.6 141.7 229.2 229.4 313.0 270.6 138.6 256.0 329.8 232.6 274.3 141.4 229.2 229.9 313.1 271.6 139.5 257.3 333.1 234.1 275.1 144.6 230.3 231.8 313.8 271.7 140.3 258.2 337.4 242.8 279.2 145.1 230.3 232.5 317.2 276.8 141.8 259.4 342.6 244.2 284.3 147.3 230.8 232.7 317.2 278.6 142.7 262.0 345.7 243.8 285.3 145.3 231.9 233.3 319.9 283.2 143.8 264.1 347.3 246.4 285.6 145.8 233.0 235.8 325.0 285.2 146.0 266.0 352.9 248.3 286.8 146.3 233.3 236.9 329.9 289.1 146.6 268.0 358.4 248.8 287.4 '160.9 '234.3 '238.3 329.9 '289.9 '147.5 '270.0 360.9 249.5 '292.0 158.2 238.2 239.0 335.7 293.0 148.9 271.9 366.5 250.3 298.1 163.2 239.0 240.8 335.7 294.2 150.4 273.5 373.7 250.3 298.5 163.2 239.4 243.4 338.5 298.5 151.5 275.7 375.8 250.3 301.8 163.2 240.6 245.9 358,8 304.2 154.3 279.1 380.7 251.1 302.9 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).................................. 132.0 216.6 212.6 212.7 156.5 185.0 209.7 133.0 120.9 162.0 129.0 213.4 212.3 207.5 152.6 180.5 207.0 129.7 119.3 160.3 131.2 213.6 212.1 208.2 153.0 181.5 209.2 133.1 119.4 161.7 131.1 217.0 213.7 208.6 153.5 182.9 211.0 134.7 122.0 162.3 133.5 221.7 215.9 215.4 158.6 186.0 212.1 134.9 122.2 161.2 134.5 222.1 216.0 226.2 159.3 190.6 212.1 134.4 122.2 163.6 135.3 222.3 216.0 226.2 160.1 190.7 211.7 134.7 123.3 165.5 136.6 223.8 217.0 226.3 164.9 193.9 214.4 134.8 124.1 166.1 136.7 224.5 217.7 226.9 165.2 193.0 214.9 135.8 125.1 166.6 '137.9 226.0 '221.5 '217.9 '167.6 '193.3 215.8 '137.5 '125.1 '167.4 141.7 231.1 222.9 219.8 168.7 195.2 218.3 140.1 126.2 169.7 143.9 233.7 223.1 221.1 170.6 197.0 220.0 140.8 126.1 170.1 144.8 236.6 225.0 224.2 170.8 204.4 221.1 140.9 126.2 170.9 146.4 241.0 225.8 225.9 171.9 206.2 223.8 140.3 128.1 171.1 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 type .......................................................... Semiconductors and related devices .............................................. Electronic capacitors (12/75 - 100) .............................................. Electronic resistors (12/75 - 100).................................................. 152.2 128.9 260.1 220.3 139.3 139.9 251.8 90.6 162.6 134.1 148.6 129.2 252.3 217.4 138.0 139.4 254.0 90.4 157.0 131.9 149.3 129.2 251.3 218.2 138.5 140.2 254.7 91.2 160.7 133.0 155.8 129.2 258.1 220.4 139.2 140.7 255.2 92.0 160.5 135.2 158.4 130.0 266.3 220.3 139.2 140.7 255.5 92.1 168.6 135.3 158.5 130.0 268.1 220.7 140.4 140.9 255.6 91.8 172.6 136.3 158.6 130.0 269.2 220.9 142.3 143.2 255.7 92.0 174.0 136.9 158.8 130.3 268.7 221.8 142.8 143.3 264.6 91.8 170.1 137.7 158.8 130.3 270.2 223.7 143.1 144.7 264.8 91.2 170.2 137.8 '159.1 '130.3 266.2 '229.2 '144.7 '145.0 272.7 '91.6 '170.3 137,8 152.6 129.7 265.9 235.3 145.6 146.3 284.3 90.6 170.3 138.1 149.9 129.7 271.2 238.5 148.5 146.8 284.5 90.8 170.6 138.8 151.8 131.3 272.6 242.9 151.9 152.7 285.1 91.7 172.5 139.5 131.2 275.5 244,9 156.6 153.2 285.1 91.7 171.4 139.7 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).................................... 148.2 176.5 136.6 126.8 204.5 132.9 131.2 143.7 146.5 176.8 135.5 127.7 205.0 131.5 128.4 143.2 146.8 176,4 134.5 128.4 205.3 133.3 130.3 143.3 148.7 176.4 134.6 128.4 205.9 136,4 132.2 143.3 148.9 176.4 137.3 128.4 206.0 135.0 132.2 146.1 149.1 176.7 137.9 128.4 206.0 135.0 132.2 146.6 149.6 176.8 131.4 128.4 206.6 135.0 132.9 146.6 149.7 176.9 144.5 128.3 207.0 135.0 132.9 146.6 149.7 177.0 144.6 128.3 207.0 135.0 132.9 146.6 '149.7 176,9 '144.0 '128.3 '207.1 135.0 135.0 146.6 152.6 179.0 145.0 129.0 210.4 133.1 135.0 148.6 153.7 183.3 145.1 129.1 214.7 136.4 135.0 148.6 154.1 184,2 144.7 129.1 217.2 136.5 138,1 148.7 153.8 184.2 147.7 130.6 219.2 136.9 138.1 151.5 1Data for December 1980 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 98 Federal Reserve Bank of St. Louis 2Not available, r= revised. 151.8 PRODUCTIVITY DATA P r o d u c t i v i t y d a t a are compiled by the Bureau of Labor Statistics from establishment data and from estimates of com pensation and output supplied by the U.S. Department of Commerce and the Federal Reserve Board. 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. Unit labor cost measures the labor compensation cost required to produce one unit of output and is derived by dividing compensation by output. Unit 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. Unit 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. 31. The use of the term “man-hours” to identify the labor component of productivity and costs, in tables 31 through 34, 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, tables 3134 were revised to reflect changeover to the new series— private busi ness 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,” Monthly Labor Review, October 1976, pages 40-42. Annual indexes of productivity, hourly compensation, unit costs, and prices, selected years, 1950-80 [1977 = 100] Item Private 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 ...................................... Nonfarm 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 ...................................... Nonfinancial corporations: Output per hour of all employees .................... Compensation per hour .................................. Real compensation per hour............................ Unit labor co 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 ...................................... ’ Not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1950 1955 1960 1965 1970 1973 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 94.8 71.3 97.3 75.2 75.6 75.3 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 99.4 119.2 99.5 119.9 110.9 116.9 r 99.1 131.1 96.4 r 132.3 r 118.4 127.6 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 42.8 822 53.2 58.2 54.9 86.7 58.6 91.5 67.6 64.0 66.4 95.3 71.7 97.7 75.2 71.9 74.1 93.1 78.4 96.4 84.3 76.1 81.6 95.0 86.0 96.8 90.5 88.9 89.9 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 99.0 118.8 99.2 120.0 108.5 116.2 '98.6 r 130.5 r96.0 132.4 ' 117.6 127.4 (’ ) n (’ ) (’ ) (’ ) (’ ) (’ ) (’ ) (') (') (’ ) (’ ) 66.3 36.3 74.2 54.7 54.6 54.7 79.9 43.0 82# 53.8 60.8 56.2 85.4 58.3 91.0 68.3 63.1 66.5 94.5 70.8 96.5 74.9 70.7 73.4 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 95.0 100.0 100.0 100.0 100.0 100.0 100.0 100.4 108.2 100.5 107.8 103.8 106.4 100.3 118.6 99.0 118.2 108.3 114.8 '100.8 130.4 95.9 '129.4 '117.3 125.2 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 74.6 42.9 82.3 57.4 70.3 61.2 79.2 57.6 89.9 72.7 66.0 70.7 93,1 69.1 94.2 74.2 71.6 73.4 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 94.7 100.0 100.0 100.0 100.0 100.0 100.0 100.9 108.2 100.5 107.3 104.7 106.5 101.9 118.7 99.1 116.5 105.7 113.4 101.4 131.2 96.5 '129.4 (’ ) (’ ) r = revised. 99 MONTHLY LABOR REVIEW June 1981 • Current Labor Statistics: Productivity 32. Annual changes in productivity, hourly compensation, unit costs, and prices, 1970-80 Annual rate of change Year Item Private business sector: Output per hour of all persons ............................ Compensation per ho 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 hour ...................................... ' Real compensation per hour................................ Unit labor cost.................................................... Unit nonlabor payments...................................... Implicit price deflator .......................................... 1960-80 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 0.9 7.4 1.4 6.4 0.7 4.5 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 -0.4 9.9 -1.2 10.4 5.5 8.8 ' -0.3 10.0 -3.1 r 10.3 r 6.8 9.2 2.5 6.0 2.4 3.5 3.2 3.4 2.2 7.1 1.9 4.8 4,4 4.7 0.3 7.0 1.0 6.6 1.1 4.8 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 -0.8 9.6 -1.5 10.4 4.8 8.6 r -0.4 '9.8 -3.3 r 10.3 '8.3 '9.7 2.1 5.7 2.1 3.5 3.1 3.4 1.9 6.8 1.6 4.8 4.2 4.6 0.4 6.8 0.8 6.3 0.5 4.4 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 -0.1 9.6 -1.5 9.7 4.4 7.9 '0.5 '10.0 '-3 .1 '9.5 '8.3 9.1 ( 1) (’ ) (’ ) ( ') ( 1) (’ ) 2.0 6.7 1.5 4.6 3.8 4.3 -0.2 6.8 0.8 7.0 -2.5 4.3 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 1.0 9.7 -1.4 8.6 0.9 6.4 0.5 10.5 -2.7 11.0 ( 1) <1) r2.4 5.6 2.0 3.1 4.6 4.5 2.4 6.7 1.5 4.2 8.3 7.6 ’ Not available. 33. 1950-80 1970 r = revised. Quarterly indexes of productivity, hourly compensation, unit costs, and prices, seasonally adjusted [1977 = 100] 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 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................................ Total unit costs .................................................. Unit labor cost ............................................ Unit nonlabor costs...................................... Unit profits ........................................................ Implicit price deflator.......................... ................ Manufacturing: Output per hour of all persons ............................ Compensation per hour ...................................... Real compensation per hour................................ Unit labor cost.................................................... 1Not available 100 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Quarterly indexes Annual average 1981 1980 1979 1978 1979 1980 III IV I II III IV I II III IV I 99.4 119.2 99.5 119.9 110.9 116.9 '99.1 131.1 96.4 '132.3 '118.4 127.6 100.0 109.4 100.5 109.4 106.7 108.5 99.9 111.9 ' 100.3 112.1 109.1 111.1 99.7 115.0 '100.6 115.4 109.6 113.4 99.6 118.0 '100.3 118.5 110.4 115.8 99.2 120.5 99.0 121.4 111.5 118.1 99.0 123.0 ' 97.8 124.2 112.3 120.2 99.3 126.0 96.5 127.0 115.3 123.0 98.8 129.7 '96.3 131.3 116.0 126.1 99.2 132.8 96.7 133.9 119.8 129.1 '98.9 135.5 '95.7 '137.0 '122.8 132.2 »99.8 »139.2 »95.7 »139.5 »125.2 »134.7 99.0 118.8 99.2 120.0 108.5 116.2 '98.6 ' 130.5 '96.0 132.4 '117.6 127.4 99.9 109.4 100.5 109.5 105.1 108.0 99.8 111.9 ' 100.3 112.2 107.0 110.5 99.5 114.9 100.4 115.4 107.1 112.6 99.1 117.6 '99.9 118.7 107.7 115.1 98.7 119.9 98.6 121.5 109.3 117,4 98.6 122.7 '97.6 124.4 110.2 119.7 98.6 125.6 96.2 127.4 114.0 122.9 97.9 129.0 95.7 131.8 115.2 126.3 98.8 131.9 96.1 133.5 119.2 128.8 '98.7 135.0 '95.4 ' 136.8 '122.1 131.9 »99.6 »138.6 »95.3 »139.2 »125.2 »134.5 100.3 118.6 99.0 116.8 118.2 112.7 99.0 114.8 '100.8 130.4 95.9 '129.7 ' 129.4 '130.2 '90.2 125.2 100.4 109.2 100.2 107.6 108.7 104.4 105.9 107.4 100.5 111.5 '99.9 109.6 111.0 106.0 108.9 109.6 100.6 114.5 100.1 112.2 113.8 107.8 105.6 111.5 100.6 117.5 '99.8 115.3 116.8 111.2 100.7 113.7 100.3 119.8 98.5 118.2 119.5 114.6 97.5 115.9 99.7 122.4 '97.3 121.3 122,8 117.2 92.2 118.1 100.0 125.3 95.9 124.2 125.4 120.9 95.5 121.0 99.8 128.9 '95.7 129.2 129.1 129.3 83.4 124.1 101.5 132.1 '96.2 131 130.2 133.8 89.1 126.4 »101.5 »135.1 »95.4 »134.1 »133.1 »136.9 »92.4 »129.5 ( 1) (’ ) (’ ) (’ ) (’ ) 101.9 118.7 99.1 116.5 101.4 131.2 96.5 '129.4 101.7 109.1 100.2 107.3 102.0 111.5 ' 100.0 109.3 101.4 *14.5 ' 100.2 112.9 102.3 118.5 ' 100.7 115.9 101.9 119.7 98.4 117.5 101,9 122,0 '97.0 119.8 '102.0 125.0 95.7 '122.5 '100.7 129.6 '96.2 ' 128.7 ' 100.3 133,5 '97.2 '133.1 103.0 136.8 ' 96.7 132.8 r = revised. V) (') (') »103.5 »140.3 »96.5 »135.6 34. Percent change from preceding quarter and year in productivity, hourly compensation, unit costs, and prices, seasonally adjusted at annual rate [1977 = 100] Quarterly percent change at annual rate 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 co s t............................................ 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 c o st............................................ III 1979 to IV 1979 IV 1979 to I 1980 -1.1 8.6 ' -4.9 9.8 2.6 7.4 1.3 10.4 ' -5.2 9.0 11.3 9.7 -0.3 9.6 -4.0 9.9 3.3 7.8 I 1980 to II 1980 -1.9 12.2 II 1980 to III 1980 III 1980 to IV 1980 Percent change from same quarter a year ago IV 1980 to I 1981 IV 1978 - to IV 1979 I 1979 to I 1980 II 1979 to II 1980 III 1979 to III 1980 IV 1979 to IV 1980 IV 1980 to I 1981 14.4 2.6 10.5 1.5 9.7 '1.8 8.1 13.6 9.8 ' -1.2 8.4 -4.0 '9.7 '10.3 9.9 '3.9 '11.5 '0.1 '7.4 '8.2 '7.6 -0.9 9.9 -2.5 10.9 2.9 8.2 -0.4 9.6 ' -4.1 10.0 5.2 8.4 -0.8 9.9 ' —4.0 10.8 5.1 9.0 0.0 10.2 -2.3 10,3 7.4 9.4 ' -0.1 10.2 '-2 .1 '10.3 '9.4 10.0 »0.5 »10.5 » -0.7 »9.9 »8.6 »9.5 0.0 9.9 '- 5 .7 9.9 14.6 11.3 -3.0 11.2 r -1.7 14.6 4.2 11.3 3.8 9.3 '1.4 5.3 14.9 8.2 ' -0.4 9.6 ' -2.9 '10.1 '10.0 10.0 '3.6 '11.3 '-0 .1 '7.5 ' 10.5 '8.4 -1.1 9.6 -2.7 10.9 3.0 8.3 -0.9 9.4 '- 4 .3 10.4 6,4 9.1 -1.2 9.7 '- 4 .2 11.0 6.9 9,7 0.1 10.0 '- 2 .5 9.9 9.1 9.6 '-0 .1 10.0 '- 2 .3 '9.9 '10.8 10.2 »1.0 »10.3 »-0.8 »9.3 »9.8 »9.5 -2.4 8.9 '- 4 .6 11.0 11.6 9.3 -20.2 7.8 1.2 9.8 ' -5.7 9.8 8.6 13.5 15.3 10.3 -0.5 12.0 '- 1 .0 17.0 12.6 30.6 -41.9 10.5 6.9 10.3 '2.3 6.2 3.2 14.7 30.3 7.9 p -0.1 p9.2 p -3.2 »9.4 »9.4 p9.5 p 15.7 »9.9 ( 1) ( 1) C) (’ ) (’ ) ( 1) V) n -0.8 9.8 -2.6 10.7 10.7 10.6 -15.4 7.8 -0.6 9.5 '- 4 .2 10.6 10.1 12.2 -9.5 8.5 -0.7 9.7 -4.1 12.0 10.5 16.3 -17.2 9.1 1.2 10.3 '- 2 .3 11.0 8.9 16.8 -8.6 9,1 »1.8 »10.3 » -2.0 »10.5 »8.4 p 16.8 »0.3 »9.6 (’ ) ( 1) <’ ) (’ ) ( 1) ( 1) ( 1) (’ ) 0.1 8.1 ' -5.4 8.0 '0.6 10.1 ' -5.6 '9.5 '- 5 .2 15.5 '2.1 '21.9 ' -1.5 12.7 '4.6 '-14.5 '11.4 '10.2 '- 2 .4 '-1 .1 »1.6 p10.6 »-0.8 »8.8 -0.1 9.4 -2.9 9.6 ' -0.6 9.1 '- 4 .5 '8.5 ' -1.6 9.3 -4.5 11.0 ' -1.5 11.6 ' -1.2 '13.3 1.1 12.1 ' -0.4 10.8 »1.4 »12.2 »0.8 »10.7 ' -0.8 1Not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 101 LABOR-MANAGEMENT DATA the agreement. Changes over the life of the agreement refer to total agreed upon settlements (exclusive of potential cost-of-living escalator adjustments) expressed at an average annual rate. Wage-rate changes are expressed as a percent of straight-time hourly earnings, while wage and benefit changes are expressed as a percent of total compensation. M a j o r c o l l e c t i v e b a r g a i n i n g d a t a are obtained from contracts on file at the Bureau of Labor Statistics, direct contact with the parties, and from secondary sources. Addi tional detail is published in C u r r e n t W a g e D e v e lo p m e n ts , a monthly periodical of the Bureau. Data on work stoppages are based on confidential responses to questionnaires mailed by the Bureau of Labor Statistics to parties involved in work stoppages. Stoppages initially come to the attention of the Bureau from reports of Federal and State mediation agencies, newspapers, and union and industry publications. Effective wage-rate adjustments going into effect in major bargaining units measure changes actually placed into effect during the reference period, whether the result of a newly negotiated increase, a deferred increase negotiated in an earlier year, or as a result of a costof-living escalator adjustment. Average adjustments are affected by workers receiving no adjustment, as well as by those receiving in creases or decreases. Definitions Work stoppages include all known strikes or lockouts involving six workers or more and lasting a full shift or longer. Data cover all workers idle one shift or more in establishments directly involved in a stoppage. They do not measure the indirect or secondary effect on other establishments whose employees are idle owing to material or service shortages. Data on wage changes apply to private nonfarm industry agree ments covering 1,000 workers or more. Data on wage and benefit changes combined apply only to those agreements covering 5,000 workers or more. First-year wage settlements refer to pay changes go ing into effect within the first 12 months after the effective date of 35. Wage and benefit settlements in major collective bargaining units, 1976 to date [In percent] Quarterly average Annual average Sector and measure 1977 1978 1979 1981 p 1980 1979 1976 1980 II III IV I II III IV I Wage and benefit settlements, all industries: First-year settlements .................................... Annual rate over life of contract...................... 8,5 6.6 9.6 6.2 8.3 6.3 9.0 6.6 10.4 7.1 10.5 7.8 9.0 6.1 8.5 6.0 8.8 6.7 10.2 7.4 11.4 7.2 8.5 6.1 10.4 7.3 Wage rate settlements, all industries: First-year settlements .................................... Annual rate over life of contract...................... 8.4 6.4 7.8 5.8 7.6 6.4 7.4 6.0 9.5 7.1 8.9 7.2 6.8 5.1 6.3 5.3 8.2 6.5 9.1 7.3 10.5 7.4 8.3 6.5 9.0 7.7 Manufacturing: First-year settlements................................ Annual rate over life of contract ................ 8.9 6.0 8.4 5.5 8.3 6.6 6.9 5.4 7.4 5.4 9.7 8.1 6.3 4,7 5.6 4.2 7.2 5.7 6.7 5.1 8.4 5.6 7.8 5.8 9.0 6.7 Nonmanufacturing (excluding construction): First-year settlements................................ Annual rate over life of contract ................ 8.6 7.2 8.0 5.9 8.0 6.5 7.6 6.2 9.5 6.6 8.5 5.8 9.4 6.5 7.8 7.4 9.4 7.6 10.3 8.5 9.5 5.9 8.2 6.8 8.3 7.6 Construction: First-year settlements................................ Annual rate over life of contract ................ 6.1 6.2 6.3 6.3 6.5 6.2 8.8 8.3 13.6 11.5 8.7 8.3 9.7 8.5 7.5 7.6 10.8 9.1 12.2 10.4 15.4 13.0 14,3 12.0 13.4 11.6 Digitized for102 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 36. Effective wage adjustments going into effect in major collective bargaining units, 1976 to date [In percent] Average quarterly changes Average annual changes Sector and measure 1977 1978 1979 1980 1981 p 1980 1979 1976 I II III IV I II III IV I Total effective wage rate adjustment, all industries .............. Change resulting from Current settlement................................................ Prior settlement.................................................. Escalator provision .............................................. 8.1 8.0 8.2 9.1 9.9 1.4 2.6 3.3 1.6 1.6 3.3 3,5 1.3 1.3 3.2 32 1.6 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 .6 .6 1.1 1.0 .5 1.0 1.0 1.2 .5 .4 ,7 .4 .5 .7 1.0 1.4 .8 1.7 1.2 .7 .5 .3 .6 .2 .5 .5 Manufacturing ............................................................ Nonmanufacturing ...................................................... 8.5 7.7 8.4 7.6 8.6 7.9 9.6 8.8 10.2 9.7 1.5 1.4 2.3 2.8 3.2 3.4 2.4 1.0 2.0 1.3 3.4 3.2 2.9 4,0 1.7 1.1 1.6 1.0 NOTE: Because of rounding and compounding, the sums of individual items may not equal totals. 37. Work stoppages, 1947 to date Number of stoppages Month and year Beginning in month or year In effect during month Days idle Workers involved Beginning in month or year (thousands) In effect during month (thousands) Number (thousands) Percent of estimated working time 1947 1948 . . 1949 1950 ........................................................................................ 3 693 3419 3,606 4,843 2,170 1,960 3 030 2,410 34,600 34,100 50,500 38,800 .30 .28 .44 .33 1951 1952 1953 1954 1955 4,737 5117 5,091 3,468 4,320 2,220 3,540 2,400 1,530 2,650 22,900 59,100 28,300 22,600 28,200 .18 .48 .22 .18 .22 1956 1957 . .. 1958 . 1959 1960 3 825 3,673 3,694 3 708 3 333 1,900 1,390 2,060 1,880 1,320 33,100 16,500 23,900 69,000 19,100 .24 .12 .18 .50 .14 1961 1962 .......................................... 1963 ........................................ 1964 . .. 1965 .......................................................... 3 367 3614 3,362 3,655 3,963 1,450 1,230 941 1,640 1,550 16,300 18,600 16,100 22,900 23,300 .11 .13 .11 .15 .15 1966 ........................................................................................ 1967 1968 1969 1970 .......................................... 4,405 4,595 5,045 5 700 5,716 1,960 2,870 2,649 2,481 3,305 25,400 42,100 49,018 42,869 66,414 .15 .25 .28 .24 .37 1971...................... .......................... 1972 ................ 1973 1974 ........................................................................................ 1975 ........ 5,138 5,010 5 353 6,074 5,031 3,280 1.714 2,251 2.778 1.746 47,589 27,066 27,948 47,991 31,237 .26 15 .14 .24 16 1976 1977 .................... 1978 .................. 1979 .. 5,648 5,506 4,230 4,827 2,420 2,040 1,623 1,727 37,859 35,822 36,922 34,754 .19 .17 .17 .15 3,230 2,579 2,099 2,441 3,954 3.079 3.407 2.195 1.110 017 614 647 1.419 16 .14 .10 .13 .21 15 .20 .11 06 .03 .03 .04 .07 ...................... .... .............................. ......................................................................................... ......................................................................................... 1980 p : March ........................................................................ April............................................................................ M ay............................................................................ June .......................................................................... July ............................................................................ August........................................................................ September.................................................................. October...................................................................... November .................................................................. December .................................................................. 1981 p January ...................................................................... February.................................................................... 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Presents both general and detailed information on the relationship between occu pational requirements and training needs. (Updates Bulletin 2020 published in 1979.) $4.75. Exploring Careers. Bulletin 2001. A new career guidance resource designed for junior high school students but useful for older students as well. Includes occupational narratives, evaluative questions, suggested ac tivities, career games, and photographs. $10. Profile of the Teenage Worker. Bulletin 2039. Focuses on the labor mar ket experience of 16- to 19-year-olds. Based on data from the Current Population Survey, the bulletin reviews past trends and explores the problems of youth unemployment and the transition from school to work. $3.25. Profiles of Occupational Pay: A Chartbook. Bulletin 2037. A graphic il lustration of some of the factors that affect workers’ earnings. This threepart presentation looks at wage variations among and within occupations and portrays characteristics of high- and low-paying urban areas and manufacturing industries. $3.50. REPORTS AND PAMPHLETS Single copies available free from the BLS regional offices or from the Bureau of Labor Statistics, U.S. Department o f Labor, Washington, D.C. 20212. Major Programs of the Bureau of Labor Statistics. Report 552. A sum mary of the Bureau’s principal programs, including data available, sources, uses, and publications. The Bureau’s statistical series are made avail able to news media through press releases is sued in Washington. Many of the releases also are available to the public upon request. Write: Bureau of Labor Statistics, Washing ton, D.C. 20212. Employment in Perspective: Minority Workers. A quarterly report series presenting highlights of current data on blacks and persons of Hispanic origin in the labor force. Regional. Each of the Bureau’s eight regional offices publishes reports and press releases dealing with regional data. Single copies available free from the issuing regional office. Geographic Profile of Employment and Unemployment, 1979. Report 619. Latest report in a series presenting geographic labor force data from the Current Population Survey. Provides 1979 annual average demo graphic and economic characteristics of the labor force for States and similar data for 30 large SMSA’s and 11 large cities. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Employment in Perspective: Working Women. A quarterly report series presenting highlights of current data on women in the labor force. The New Handbook of Labor Statistics Bulletin 2070 Makes available in one 490-page volume historical data (through 1979 in most cases) on the major statistical series produced by the Bureau of Labor Statistics Contains 190 tables with data on: Labor force characteristics Employment and unemployment Features regrouped tables placing together data collected from the same survey or source Hours and earnings Provides technical notes for each major group of tables Wage and benefit changes Includes related series from other government agencies and foreign countries Productivity and unit labor costs Prices and living conditions Unions and industrial relations Occupational injuries and illnesses Foreign labor statistics General economic data The BLS regional office nearest you will expedite your order. You may also send your order directly to: 1 6 0 3 J F K F e d e ra l B ld g . Superintendent of Documents U.S. Government Printing Office Washington, D.C. 20402 S u ite 5 4 0 R o o m 221 B o s to n , M a s s . 0 2 2 0 3 1 37 1 P e a c h tr e e St., N .E . 5 5 5 G r iff in S q . B ld g . S u ite 3 4 0 0 A t la n ta , G a . 3 0 3 6 7 D a lla s , T e x . 7 5 2 0 2 1515 B ro a d w a y 9 th F lo o r 911 W a ln u t N e w Y o rk , N ,Y . 1 0 0 3 6 2 3 0 S o u th D e a r b o r n S t. K a n s a s C ity , M o . 6 4 1 0 6 P.O. B o x 1 3 3 0 9 C h ic a g o , III. 6 0 6 0 4 P h ila d e lp h ia , P a . 1 9 1 01 St. Box 36017 G o ld e n G a te A v e S a n F r a n c is c o , C a lif. 9 4 1 0 2 i 50 Make checks payable to the Superintendent of Documents Please send conies of H a n r l h n n k n f 1 a h n r S t a t i s t i r . s Bulletin 2070, GPO Stock No. 029-001 -02194-1, at $9.50 per copy. Nam e O r g a n iz a t io n ( If a p p lic a b le ) S tre e t a d d re s s C ity , s ta te , Z IP https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis U.S,. Department of Labor Bureau of Labor Statistics Washington D.C. 20212 Official Business Penalty for private use, $300 RETURN POSTAGE GUARANTEED https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Postage and Fees Paid U.S. Department of Labor Lab-441 SECOND CLASS MAIL U.S.MAIL