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M O N https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis T H L Y - L A B O R In this issue: International comparisons: Overview Labor market U.S. Department of Labor Elaine L. Chao, Secretary Bureau of Labor Statistics Lois L. Orr, Acting Commissioner The Monthly Labor Review ( usps 987-800) is published monthly by the Bureau o f Labor Statistics o f the U.S. Department o f Labor. The Review welcomes articles on the lab o r fo rce , la b o r-m an a g e m en t re la tio n s , b u sin ess c o n d itio n s , in d u stry p ro d u c tiv ity , c o m p e n sa tio n , occupational safety and health, demographic trends, and other economic developments. Papers should be factual and analytical, not polemical in tone Potential articles, as well as communications on editorial matters, should be submitted to: Editor-in-Chief Monthly Labor Review Bureau o f Labor Statistics Washington, dc 20212 Telephone: (202) 691-5900 E-mail: mlr@bls.gov Inquiries on subscriptions and circulation, including address changes, should be sent to: Superintendent o f Documents G overnm ent P rin ting O ffice W ashington, dc 20402 Telephone: (202) 512-1800 Subscription price per year— $45 domestic; $63 foreign. Single copy— $13 domestic; $18.20 foreign. Make checks payable to the Superintendent o f Documents. Subscription prices and distribution policies for the Monthly Labor Review ( issn 0098-1818) and other government publications are set by the Government Printing Office, an agency of the U.S. Congress. 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Moxley https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MONTHLY LABOR REVIEW Volume 125, Number 6 June 2002 International Comparisons Providing comparable international labor statistics 3 BLS adjusts foreign data to common concepts, thereby allowing meaningful comparisons to be made among countries Patricia Capdevielle and Mark K. Sherwood Labor market performance 15 Over the 1960-2000 period, Canada and the United States were leaders in job creation; Japan and Europe had much weaker employment gains Constance Sorrentino and Joyanna Moy Hourly compensation for production workers in manufacturing 36 Costs have grown more slowly in the United States than in foreign countries over the 1975-2000 period Chris Sparks, Theo Bikoi, and Lisa Moglia Labor productivity in manufacturing 51 Growth was relatively slow over the entire last half century in the United States, but accelerated after 1973, while slowing in other countries Aaron E. Cobet and Gregory A. Wilson Departments Labor month in review Précis Book reviews Current labor statistics 2 66 67 69 Editor-in-Chief: Deborah P. Klein • Executive Editor: Richard M. Devens • Managing Editor: Anna Huffman Hill • Editors: Brian I. Baker, Richard Hamilton, Leslie Brown Joyner, Lawrence H. Leith • Editorial Assistant: Nicale McFadden • Book Reviews: Roger A. Comer, Richard Hamilton • Design and Layout: Catherine D. Bowman, Edith W. Peters • Contributors: Bill Goodman, Solidelle Fortier Wasser https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Labor Month in Review The June Review On an increasingly interconnected and rapidly shrinking globe, the important issue for policymakers is not simply how well the economy is doing, but how well is the economy doing relative to its global partners and competitors. This issue, led by Patricia Capdevielle and Mark Sherwood’s summary of the need for international comparisons and the programmatic responses at the Bureau o f Labor Statistics, is devoted to ways to answer those questions. Constance Sorrentino and Joyanna Moy examine the similarities and dif ferences among the U.S. labor market and those in other countries. One important difference they note between European and North American labor markets is in the duration of unemployment. A higher proportion of the unemployed in Europe are long-term unemployed at any stage of the business cycle. “Thus,” say the authors, “the burden of unemployment tends to fall on a smaller portion of the population in Europe, while in the United States and Canada, a greater percentage of the population experiences a spell of unemployment over the course of a year.” Chris Sparks, Theo Bikoi, and Lisa Moglia examine the critical competitive variable o f com pensation costs in manufacturing across countries. They conclude, “Over the past 25 years, the U.S. competitive position with regard to hourly com pensation costs has im proved relative to competitors, especial ly Japan and Europe, despite some deterioration over the final 5 years of the 20th century.” Aaron Cobet and Gregory Wilson survey comparative productivity trends in the manufacturing sector. Looked at over the last half of the 20th century, labor p ro d u ctiv ity in the factory increased less in the United States and C anada than in other industrial countries. Most o f the difference can be attributed to the 1950-73 period. After 1973, growth in U.S. productivity 2 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 actually accelerated while there were much slow er rates o f productivity grow th in m ost other industrial economies. Katharine Abraham receives Shiskin Award Katharine G. Abraham, Professor o f Survey M ethodology and A ffiliate Professor of Economics with the Joint Program for Survey Methodology at the University of Maryland, and formerly Commissioner of the Bureau of Labor Statistics, is the recipient of the 2002 Julius Shiskin Award for Economic Statistics. Dr. Abraham has written extensively on labor-market subjects including the effects of job duration on wages, the effects of advertising on job vacancies, wages and the business cycle, and comparisons among the United States, European, and Japanese labor markets. As Commissioner from 1993 through 2001, Dr. Abraham instituted improve m ents in consum er, producer, and international price statistics, and em ployment and wage statistics. During the public debate on the Consumer Price Index, Dr. Abraham steered a careful course of studying shortcomings and making revisions based on objective research. She expanded coverage of the prices of services in the Producer Price Index and instituted improvements in the C urrent Em ployment Statistics program, including the substitution of a probability sample for the quota sample. The Julius Shiskin Award was established in 1979 by the Washington Statistical Society and is now co sponsored with the National Association of Business Economists and the Business and Economics Statistics Section of the American Statistical Association. It is given in recognition of unusually original and im portant contributions in the development of economic statistics or in the use o f economic statistics in interpreting the economy. Jobless rate 35.9 percent for dropouts While more than 60 percent o f high school graduates enrolled in college between October 2000 and October 2001, slightly more than half a million youths dropped out o f high school during the same period. The unemploy ment rate for these dropouts was 35.9 percent in October 2001— a full 15 percentage points higher than the rate for recent high school graduates who were not enrolled in college. Just more than two-thirds o f young white dropouts were in the labor force, either working or looking for work, as were about 70 percent o f Hispanic dropouts. The unem ploym ent rate among white dropouts was 32.4 percent, about the same as the rate of 32.6 percent for Hispanic dropouts. Not quite half of black dropouts were in the labor force in October 2001; just more than half of those labor force participants had jobs. Additional information is available from “College Enrollment and Work Activity of 2001 High School Graduates,” news release USDL 02-288. Eld erly b u d g e t g re a te s t share on housing Households headed by someone 75 or older spent a higher share o f their expenditures on housing than any other age group in 1999. The 75-and-older group spent 35.9 percent of expenditures on housing, compared with 32.6 percent for all households. Those under age 25 allocated the smallest share for housing, at 30.3 percent of annual expenditures. Households headed by a person aged 55 to 64 spent 30.7 percent of their budget on housing. Find out more in “Housing Expenditures,” Issues in Labor Statistics, BLS Summary 02-02. □ Providing Com parable Data International comparisons Providing com parable international labor statistics BLS adjusts foreign data to a common conceptual framework, thereby aiding users in making meaningful international comparisons Patricia Capdevielle and Mark K. Sherwood Patricia C a p d e v ie lle Is a senior econom ist in the Division of Foreign Labor Statistics, Bureau of Labor Statistics, and Mark K. Sherwood is C hief of the Division. E-mail: CapdeviellejD@bls.gov https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis he Bureau o f Labor Statistics (BLS) produces many statistical series for the United States which describe important aspects o f U.S. economic performance. For example, data show that over the last 40 years the num ber o f em ployed persons has doubled. Hourly com pensation costs for production workers in the manufacturing sector have grown from a little more than $6 per hour in 1975 to almost $20 per hour in 2000. Over the last 50 years, labor productivity in the manufacturing sector has increased about 3 percent per year, resulting in more than a quadrupling of the output produced per hour of labor input.1 But, how does this compare with the rest of the world? A comparison of U.S. performance with that of other countries is of interest to many data users from the academic, government, business, and labor sectors. Several difficulties arise in making these comparisons, however. Foreign labor statistics are not always easily accessible, and publications containing the data may not be in English. The foreign statistics may not be comparable to U.S. data because of differences in concepts and definitions, classification systems, and survey methodology, and may be of uneven quality among countries. The BLS Division of Foreign Labor Statistics provides a set of easily accessible labor statistics T adjusted for comparability to aid users in making meaningful international com parisons. BLS selects a conceptual framework for comparative purposes; obtains foreign data and docum entation from m any sources and translates the m aterial into English when necessary; analyzes sources and methods to assess quality and comparability; and adjusts statistical series where necessary and feasible for greater comparability. BLS publishes statistics adjusted for comparability on labor force, employment and unemployment; productivity and unit labor cost trends in the manufacturing sector; and hourly compensation costs for production workers in all manufacturing and in component manufacturing industries. In addition, statistics are published on gross domestic product (GDP) per capita and per employed person and on consumer price indexes (CPIs), although these latter two series are not adjusted for comparability. The measures produced relate primarily, but not entirely, to the major developed countries which are the most similar to the United States. The BLS program of international comparisons is unique. Other national statistical agencies publish some international comparisons, and intern atio n al statistica l agencies publish statistics collected within a common set o f guidelines from a large number of countries. With M onthly Labor Review Ju n e 2002 3 Providing C o m p a ra b le D ata few exceptions, how ever, data are not adjusted for comparability by these other agencies. A summary listing of the major international statistical agencies and their work is contained in an appendix to this article. The bls Web site provides links to these agencies to enable users to find data that are complementary to the bls series. Links are also provided to sources of international data for topics not covered by BLS.2 This article presents a historical perspective on BLS international comparisons and provides a brief overview of the current program. It also examines the the reasons why foreign data must be adjusted for comparability and the procedures used by BLS to adjust the data. Some examples of differences between adjusted and unadjusted data series are presented. Background and current measures As early as the turn of the last century, Carroll Wright, the first Commissioner of what would become the Bureau of Labor Statistics, sent staff to Europe and obtained the services of experts to co llect inform ation for studies o f labor developments abroad.3 Two reports, Sixth Annual Report o f the Commissioner o f Labor, 1890, Cost o f Production: Iron, Steel, Coal, etc. and Seventh Annual Report, 1891, Cost o f Production: The Textiles and Glass [sic] were concerned chiefly with aggregate and unit costs of production, employee earnings, “efficiency” of labor, and cost of living in the United States. The reports included sim ilar data from England and Continental Europe, many of which were compiled in detail directly from plant records.4 Several early b ulletins were published w ith an international comparison content, including a 1898 bulletin entitled Wages in the United States and Europe, 1870-1898, and a 1902 bulletin on labor conditions in Mexico, a subject of considerable current interest. The first volume of the M onthly Labor Review in 1915 contained articles on employment in various countries, the increase in wages in Great Britain during 1915, and strikes and lockouts in various countries. The current BLS international comparisons program came into being in the early 1960’s. Early work focused on statistics adjusted for comparability on labor force, productivity and unit labor costs, and hourly compensation costs, and also on consumer price trends. Over time, other statistics were published also, some o f which are no longer produced.5 Special studies have been produced as well on labor force and productivity research topics. All the foreign country data now used by BLS are obtained from secondary sources—national statistical agencies, supranational and international organizations, and private 4 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 agencies such as research institutes. BLS does not initiate surveys or data collection abroad. Labor fo rce. A m ajor project to evaluate foreign unemployment statistics and prepare data adjusted for comparability was undertaken in response to a 1961 request by the Com mittee to Appraise Em ployment and U n employment Statistics (sometimes referred to as the Gordon Committee). They were concerned that the reason for apparent differences in unemployment rates among countries was due to national differences in d efin itio n s and methodologies. The initial study covered the United States, Canada, Japan, France, Germany, Italy, Sweden, and Great Britain and was published in the Gordon Committee report in 1962.6 The results were also summarized in two Monthly Labor Review articles.7 Over time, the number of countries covered has increased to 10 and the number of variables produced has increased also.8 The labor force statistics adjusted for comparability now include w orking-age population, labor force, employment, unemployment, employment-population ratios, labor force participation rates, unemployment rates, and employment by economic sector. Some data are available by sex and age. These statistics are updated and published semi-annually. The series extends back to 1959 or 1960. Monthly unemployment rates adjusted for comparability are published each month for nine of the countries. These data are supplemented with a compilation of unemployment rates for additional European countries as published by Eurostat, the Statistical Office of the European Communities. Data from the program have been used to produce studies on youth unemployment; labor force participation rates; and employment by sector.9 Over the years, special studies were prepared on additional topics in the labor force field. These topics include unemployment compensation; the family; various measures of underutilization; and explanations for the reported relatively low unemployment in Mexico and Japan.10 Research continues on issues of comparability. In 2000, an indepth study of the comparability of various available series pertaining to unemployment rates was published and served as the foundation for recent refinements made to the BLS comparative series on unemployment rates.11 Productivity and unit labor costs. One of the first projects undertaken in the productivity and unit labor costs area was the development of international comparisons of levels of labor productivity (output per hour) and unit labor costs in the steel industry. The steel industry was selected because of its rank among basic industries in terms of size, public interest, and availability and comparability of data. Because of the record levels of imports of steel products and the volume of international trade in steel products, there was considerable interest in the findings of such a study. The first statistics produced were comparative trends only, while work proceeded on comparative level data. Statistics on comparative levels of labor productivity and unit labor costs in the steel industry were published in 1968.12The study covered the United States, France, Germany, and the United Kingdom. Japan was added shortly thereafter. The level estimates were updated with trend inducators through the early 1980’s, but discontinued thereafter. The comparison of productivity levels for the steel industry was possible because the output data were available in quantity terms, that is, tons of different steel products. In most cases, when the output of each country’s sector of interest is expressed in national currency units, estimating comparative levels of productivity is not feasible because of the problem of expressing the output of several countries in a common currency. Purchasing power parities (PPPs), which are the number o f foreign currency units required to buy goods and services in a foreign country equivalent to what can be bought with one dollar in the United States are available to convert aggregate GDPs of foreign countries into U.S dollars. (See also the section on measures of GDP per capita and per employed person.) PPPs are not available at an industry level. Because of the problems associated with developing comparative levels of productivity,13the b l s program for the manufacturing sector has focused on comparative trends in productivity and unit labor costs. Trends may be calculated without converting data for all countries to a common currency. The current series on com parative trends in labor productivity and unit labor costs in manufacturing has its roots in two 1963 Monthly Labor Review articles on the role o f labor costs in foreign trade and on concepts and methods for international comparisons of unit labor costs.14 A 1964 article presented measures of unit labor cost trends for the U nited States and seven foreign co u n trie s.15 Labor productivity measures were included for four countries. Indexes of manufacturing productivity and unit labor costs now cover 14 countries or areas and are updated and published annually.16 Indexes for component variables, in cluding output, em ploym ent, hours w orked, and compensation, as well as various supplementary measures, also are published. The series extends back to 1950 for most countries. Over time, special studies were prepared to provide other comparative productivity measures. Two studies were produced on multifactor productivity, which includes capital services as well as labor hours as inputs. A 1990 study evaluated alternative measures of capital in Japanese manufacturing.17 A study of multifactor productivity trends in France, Germany, and the United States was published in 1995.18 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Studies also were produced on labor productivity trends for industries within the manufacturing sector at approx imately the U.S. two-digit standard industrial classification (SIC) level. They were released as three conference papers.19 GDPper capita andper employed person. A series on levels of GDP per capita (a measure of standard of living) and GDP per employed person (a measure of productivity levels for the total economy) were initiated in the mid-1970s.20b l s was one of the first organizations to construct these series using Purchasing Power Parities (PPPs).21 This series covers 14 countries and provides annual measures back to 1960. It is updated and published periodically. The underlying d ata on GDP and p o p u la tio n are not ad ju ste d for comparability; labor force data used are adjusted. The b l s m ethod o f converting GDP to a common cu rren cy by m eans o f PPPs was in tro d u c e d as an alternative to a flawed method often used, converting foreign data into U.S. dollars with market exchange rates. C om parisons based upon exchange rates do not necessarily reflect the relative purchasing power of different currencies. At best, market exchange rates represent only the relative prices o f goods and services that are traded internationally, not the relative value of total domestic output which includes goods and services not traded internationally. Exchange rates are also affected by influences unrelated to the relative values of goods and services, such as currency traders’ views of the stability of foreign governments, relative interest rates in different countries, and incentives for holding assets in one currency versus another. Hourly compensation costs fo r production workers in manufacturing. The need for comparable measures of wages and employer labor costs was the impetus for the de velopment of the BLS hourly compensation costs series. The more readily available average earnings statistics published by many countries can be very m isleading. N ational definitions of earnings differ considerably, earnings do not include all items of labor compensation, and the omitted items of compensation frequently represent a large proportion of total compensation. The problems in making meaningful comparisons of wages among countries were noted in two studies published in the 1960s pertaining to U.S.-Japan wage comparisons. A joint report of the Japanese Ministries of Labor and of International Trade and Industry and the U.S. Department of Labor was prepared in 1966.22The report was intended to provide both countries with better information about labor standards, employment conditions, wages, and other aspects of labor policy in order to avoid misconceptions affecting trade relations. In 1967, two Monthly Labor Review articles used data from this report to discuss the similarities and contrasts M onthly Labor Review June 2002 5 Providing C o m p a ra b le D ata I Current program of international comparisons of labor statistics Variables included Series Labor force, employment, unemployment and various analytical measures Labor force Number of countries covered 10 9 Unemployment rates Time frame Annual since 1960 Monthly and quarterly for recent periods Manufacturing productivity and unit labor costs Output per hour, unit labor costs, output, hours worked, compensation, and several related variables 14 Annual since 1950 Hourly compensation costs for production workers in manufacturing and 40 component industries Hourly compensation, components of compensation 29 Annual since 1975 Consumer Price Indexes “All items” index 16 Annual since 1950 Changes from same period in prior year for “all items” index GDP per capita and per employed person Two primary series plus underlying series 9 14 Monthly and quarterly for recent periods Annual since 1960 between the two countries’ wage systems.23 The articles noted that both countries have well-developed statistical systems and publish data regularly, but the data are not comparable and careful attention must be given to the differences when making international comparisons. BLS computed measures of hourly compensation costs covering production workers in manufacturing by adjusting published earnings data for items o f compensation not included in earnings. Hourly compensation costs are defined by BLS to include pay for time worked, other direct pay (including such items as seasonal bonuses and pay for holidays and vacations) and employer social insurance expenditures and other labor taxes (including such items as retirement and disability, health insurance, pensions, and unemployment insurance). unpublished basis, for 32 countries or areas and 34 m anufacturing industries. Coverage now includes 29 countries or areas and 40 manufacturing industry groups.24 For total manufacturing, comparable data were developed for two major subcomponents of hourly compensation—pay for time worked and total direct pay—and for the structure of com pensation. Also, hourly com pensation costs were developed for selected groups o f countries or areas by aggregating costs with weights representing importance to the United States in world trade. Hourly compensation costs for total manufacturing, and supplem entary tables covering the com ponents o f compensation, are updated and published annually. Data for component manufacturing industry groups are updated and published periodically. The series extends back to 1975. BLS initially released data on an ad hoc basis in response to requests for comparative compensation costs. By 1980, the series had been formalized and made available, on an Consumer price indexes (CPIs). Data were first published in two 1960s articles which presented comparative consumer 6 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 price trends, including trends for m ajor com ponent expenditure groups; summaries of factors affecting price movements; and descriptions of countries’ index coverage and methodologies.25 In addition, the consumer price indexes were used to compute real wage trends as part of a program examining comparative standards of living.26 BLS now compiles and publishes annual consumer price indexes for 16 countries. In addition, monthly and quarterly percent changes from the same period of the previous year are published each month for nine countries. The CPI series are not adjusted for comparability. Rather, the data are national indexes as published by the foreign countries. National differences exist, for example, with respect to population coverage, frequency of market basket changes, and treatment of homeowner costs. The current program of international comparisons of labor statistics is summarized in exhibit 1. Details about the current program may be found on the BLS Web site. Adjusting data for comparability Following is a description of the types of adjustments BLS makes in producing comparable statistics with some examples of the impact of these adjustments. Chart I. Rate Official national unemployment rates and rates adjusted to U.S. concepts, 2000 12 Rate 12 I Official rate □ Adjusted to U.S. concepts rate 10 10 Germany https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Sweden United Kingdom Unemployment rates. The labor force is the sum of the employed plus the unemployed; and the unemployment rate is the ratio of the unemployed to the labor force. In the United States, the unemployed are those who were without work and available for work in the reference week, and actively seeking work in the past 4 weeks. Those persons waiting to be recalled from layoff need not be seeking work to be classified as unemployed. The employed are those persons who during the reference week did work for at least 1 hour as paid employees, worked in their own business, profession, or on their own farm, or worked 15 hours or more as unpaid workers in an enterprise operated by a family member. Those temporarily absent from work but who had jobs or businesses to return to are also counted as employed. In the United States, data to measure the employed and the unemployed are obtained from the Current Population Survey, a survey of households selected to be representative o f the civilian noninstitutional population. Some of the countries included in the BLS comparative unemployment rate series differ from the United States in terms of the definitions of the employed and unemployed, as well as in terms of the sources of data used to measure these variables. BLS employs data from several sources, including data obtained by special request from the central statistical offices of the foreign countries, to adjust the official unemployment rates for approximate comparability with U.S. concepts. Although the United States and the foreign countries covered follow the International Labour Organization’s (ILO) guidelines on measuring employment and unemployment, there is sufficient latitude in the guidelines to allow for differences in the measurement of unemployment rates among countries. The ILO guidelines define the unemployed as persons over a certain age who are without work, available for work, and actively seeking work. Although adhering to this broad standard, countries vary in interpretation of “available for work,” “actively seeking work,” and “over a certain age.” Further, the ILO offers some more specific guidelines regarding the treatment of students, persons on layoff, persons waiting to start a new job, unpaid family workers, and the armed forces. Some countries deviate from these specific guidelines. The European Union (EU) and the United States diverge while adhering to the ILO guidelines: • unlike the United States, the European labor force includes unpaid family workers working less than 15 hours per week, the career military, and 15-year-olds; • unlike the United States, European unemployed includes passive jobseekers, person waiting to start a new job who did not seek work in the previous 4 weeks, those unavailable for work in the reference week, and 15-yearolds; • unlike the United States, European unemployed excludes persons on layoff; and M onthly Labor Review Ju n e 2002 7 Providing C o m p a ra b le D ata • even within Europe, EU member countries can vary from the interpretation of the ILO standard adopted by the EU when producing their own official unemployment rates. An important example of the need for adjustment occurs for Sweden, which deviates from the ILO guideline that considers full-time students to be unemployed if they are seeking work and available for work. In Sweden, such students are excluded from the unemployed in the calculation of the official unemployment rate. Statistics Sweden regularly enumerates and publishes statistics on full-time students seeking work and available for work. These data are derived from its labor force survey. Using the published estimates for those students, b l s adds them to the Swedish unemployed and adds the adjusted unemployed to the employed to derive the labor force. An adjusted unemployment rate is then calculated as the adjusted unemployed divided by the adjusted labor force.27 It is also necessary to adjust data when statistical agencies derive official statistics from different types of data sources. While most countries that BLS covers derive their official unemployment rates from household surveys, the United Kingdom and Germany derive them from ad ministrative records of the registered unemployed obtained from their employment offices. For the United Kingdom, the official data are restricted to “claimant counts” that understate the country’s unemployment relative to household survey definitions. On the other hand, the German administrative data overstate unemployment rates relative to household surveys, because the administrative data include persons who are looking for a better job but who would be considered employed in a household survey. The British Office of National Statistics supplies BLS with unemployment and labor force data on ILO concepts derived from the national continuous labor force survey, and b l s uses these data instead of the official series based on registration data. BLS subtracts the career military from the labor force and then calculates the unemployment rate. For Germany, BLS uses labor force survey data instead o f the official registration-based data. BLS excludes the career military from the labor force; no adjustments are made to the unemployed. Unemployment rates based on U.S. concepts contrasted with the official unemployment rates illustrate the distorted picture one can get from comparing official statistics. (See chart 1.) Adjusted unemployment rates are about 1 percent to 2 percent higher than the official rates for Sweden and the United Kingdom, respectively, and about 2-1/2 percent lower for Germany. Early in the BLS program of labor force comparisons, more adjustments were required then than now. Over time, there has been a convergence of methods among countries leading to more comparability among the official measures. In several 8 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 cases, the differences that remain are small; particularly, those due to variations in the interpretations of the ILO guidelines by the United States and the European Union. D ifferences still exist, however, and require both adjustment by b l s and continuous research to assess the importance o f any remaining noncomparability due to differences in concepts and methods. A study summarized in a 2000 Monthly Labor Review article resulted in the recent introduction of a new adjustment into the Canadian data in the BLS comparative series.28 Hourly compensation costs fo r production workers in m a n u facturing. This series on com parative hourly compensation costs was developed by BLS as a substitute for the more readily available average earnings series published by many countries. National definitions of earnings differ considerably and average earnings do not include all items of labor compensation. National data may also differ in terms of worker coverage, industrial classification, survey coverage, and sample benchmarks. BLS computes hourly compensation costs by adjusting published earnings for the items o f compensation not included in earnings.29 The statistics are also adjusted, where necessary and feasible, for other differences in the national data sources. The adjustments made to derive hourly compensation costs can be illustrated with a summary of the method used for Austria. Average hourly earnings are obtained for the “total industry” sector; these earnings are adjusted by BLS to remove the earnings of the heat and gas, construction, and mining industries in order to yield an estimate for the manufacturing sector. Next, data from a survey of employers regarding ex penditures on wages, salaries, employee benefits, and other labor costs are used to derive ratios of components of additional compensation to earnings. The additional compensation includes pay for time not worked (for example, vacations), bonuses, legally required and contractual and private social insurance (for example, pensions and health insurance) and other labor taxes. These ratios are estimated for other years using a variety of indicators and are applied to average hourly earnings to compute hourly compensation costs. A comparison of the BLS hourly compensation costs with earnings statistics for selected countries illustrates the importance of adjusting the data for comparability. (See chart 2.) Here, the rankings within three pairs of countries or areas (Singapore and Taiwan; Denmark and Germany; Austria and the United Kingdom) are reversed depending upon whether the measure is o f average hourly earnings or o f hourly compensation costs. Output per hour and unit labor costs in manufacturing. For this comparative series, BLS does not adjust countries’ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis published productivity and unit labor costs. Rather, BLS constructs measures with data obtained from countries’ national accounts and other sources. BLS chooses output on as similar a conceptual basis as possible, adjusts countries’ output and labor input data to a sim ilar ind u strial classification, adjusts compensation to an employer-cost basis by adding other taxes, and develops a comparable hours-worked series. Hours-worked data are constructed rather than using more readily available labor input series based upon the concept of number of employees or employed persons. Hours worked is the concept of labor input employed for all domestic measures of productivity produced by BLS. BLS cannot adjust for all differences which may occur in national accounts data, for example the use o f different deflation procedures for the output of high-tech industries or the scheme used to aggregate outputs from various industries. The impact on comparability from these remaining differences likely has increased with the explosion of growth of the outputs of the high-tech sector, as well as the adoption by many countries of new weighting schemes for aggregating output. Because it is not feasible to adjust for all of these differences, BLS has undertaken an assessment o f the possible impact on its comparative productivity series from these differences in methodology. Recently, a detailed examination was carried out of the differences in the underlying series used by BLS to construct comparative measures of productivity growth in the United States and Canada.30 The productivity gap that existed between the two countries between 1988 and 1996 was examined to determine if the gap might be due in large part to different measurement procedures used by the two countries. Differences due to industrial classification, concepts and estimation of real value added output (including valuation of prices, index aggregation formula, treatment of software, and information technology deflation), and the estimation of hours worked were explored. The methods used by the two countries were found to be quite similar. Although differences exist, some are offsetting and overall they do not appear to substantially affect measured productivity growth. Among other countries in the BLS series, there are substantive variations in methods of measuring output and labor input, including the methods used to deflate the output of high-tech industries. BLS is currently conducting a review of sources and methods used in other countries. Other contributions BLS contributes to improving the comparability o f labor statistics in other important ways. Experts from various BLS programs participate in forums sponsored by various international agencies, the purpose of which is to enhance M onthly Labor Review Ju n e 2002 9 Providing C o m p a ra b le Data comparability of statistics among countries.31 b l s also provides technical assistance and training to foreign statisticians to aid in developing their statistical systems. These efforts help to achieve greater comparability of data and to reduce the need for adjusting data for the purpose of international comparisons. □ Sorrentino, “Employment and unemployment in M exico’s labor force,” November 1994, pp. 3-31; Gary Martin, “Employment and unemployment in Mexico in the 1990s,” November 2000, pp. 3-18; and Sara Elder and Constance Sorrentino, “Japan’s low unemployment: a b l s update and revision,” October 1993, pp. 56-63. N otes 12 International comparison o f unit labor cost in the iron and steel industry, 1964: United States, France, Germany, United Kingdom, Bulletin 1580 (Bureau of Labor Statistics, 1968). 1 See Comparative Civilian Labor Force Statistics, Ten Countries, 1959—2001, Mar. 25, 2002, table 2. Also, see Chris Sparks, Theo Bikoi, and Lisa M oglia, “A perspective on U.S. and foreign compensation costs in manufacturing,” this issue, pp. 36-50, table 1; and Aaron E. Cobet and Gregory A. Wilson, “Comparing 50 years of labor productivity in U.S. and foreign manufacturing,” this issue, pp. 51-65, table 1. Available on the Internet at: http://www.bls.gov/fls/ h om e.htm 13 An approach to calculating levels of productivity has been used by researchers at the International Comparisons of O utput and Productivity project at the University of Groningen in the Netherlands. They develop unit values for matched products by dividing producers’ sales denominated in a country’s currency with available data on quantities shipped. Ratios of the unit values from two different countries are then used to convert to a common currency. For an article based on this approach, see Bart van Ark, “Manufacturing prices, productivity, and labor costs in five economies,” Monthly Labor Review, July 1995, pp. 56-72. 2 The Web site is: http://stats.bls.gov/fls/home.htm 3 Joseph P. Goldberg and William T. Moye, The First Hundred Years o f the Bureau o f Labor Statistics, Bulletin 2235 (U.S. Department of Labor, September 1985), p. 39. 4 See William C. Shelton and John H. Chandler, “The role of labor costs in foreign trade,” Monthly Labor Review, May 1963, pp. 48590 (footnote 1). 5 Series which are no longer published include: union membership and industrial disputes; average hours worked and paid; average earnings and real earnings indexes (now incorporated into the program of labor productivity and unit labor costs); consumer price indexes for component expenditure groups; wholesale or producer price indexes; and U.S. Department of State indexes of living cost abroad and living quarters allowances. 6 M easuring Employment and Unemployment, Report o f the President’s Committee to Appraise Employment and Unemployment Statistics (U.S. Government Printing Office, W ashington, D C ), September 1962. 7 See the following Monthly Labor Review articles: Robert J. Meyers and John H. Chandler, “International comparisons of unemployment,” August 1962, pp. 857-64; and Robert J. Meyers and John H. Chandler, “Toward explaining international unemployment rates,” September 1962, pp. 969-74. 8 The expansion of this series has been directed by Constance Sorrentino of the BLS Division of Foreign Labor Statistics. 9 See these articles in the Monthly Labor Review. Constance Sorrentino, “Youth unemployment: an international perspective,” July 1981, pp. 3-15; Constance Sorrentino, “International comparisons of labor force participation, 1960-81,” February 1983, pp. 23-36; and Todd M. Godbout, “Employment change and sectoral distribution in 10 countries, 1970-90,” October 1993, pp. 3-20. 10 See the following Monthly Labor Review articles: Constance Sorrentino, “Unemployment compensation in eight industrial nations,” July 1976, pp. 18-24; Constance Sorrentino, “The changing fam ily in international perspective,” March 1990, pp. 41 -5 8 ; Constance Sorrentino, “ International unemployment indicators, 1983-93,” August 1995, pp. 3 1 -50; Susan Fleck and Constance 10 M o n th ly La b o r Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Jun e 2002 11 Constance Sorrentino, “International unemployment rates: how comparable are they?” Monthly Labor Review, June 2000, pp. 3-20. 14 See these articles in the May 1963 M onthly Labor Review: William C. Shelton and John H. Chandler, “The role of labor costs in foreign trade,” pp. 485-90; and ’’International comparisons of unit labor costs: concepts and methods,” pp. 538-47. 15 John H. Chandler and Patrick C. Jackman, “Unit labor costs in eight countries since 1950,” Monthly Labor Review, April 1964, pp. 377-84. 16 The expansion of this program was carried out under the direction of Arthur Neef, former Chief of the BLS Division of Foreign Labor Statistics. 17 Edwin Dean, Masako Darrough, and Arthur Neef, “Alternative Measures of Capital Inputs in Japanese Manufacturing,” in Charles R. Hulten, ed., Productivity Growth in Japan and the United States, N ational Bureau o f Economic Research (Chicago, U niversity of Chicago Press), 1990. 18 Wolodar Lysko, “Manufacturing multifactor productivity in three countriesf Monthly Labor Review, July 1995, pp. 39-55. 19 Arthur Neef and Edwin Dean, “Comparative Changes in Labor Productivity and Unit Labor Costs by Manufacturing Industry: United States and Western E urope,” paper presented at the American Enterprise Institute Conference on Interindustry Differences in Productivity Growth, Washington, DC., October 11-12, 1984; Arthur Neef, “An International Comparison of Manufacturing Productivity and Unit Labor Cost Trends,” paper presented at the Social Science Research Council Conference on International Productivity and Competitiveness, Palo Alto, California, October 28-30, 1988; and Arthur Neef, “Comparative Changes in Labor Productivity: United States and Western Europe,” paper presented at the Atlantic Economic Conference, session on Recent Productivity Developments in Major Nations, Williamsburg, Virginia, October 13, 1990. 20 This series was developed by Arthur Neef, former Chief of the Division of Foreign Labor Statistics. BLS 21 For a discussion of PPPs, see, for example, Michelle A. Vachris and James Thomas, “ International price comparisons based on purchasing power parity,” Monthly Labor Review, October 1999, pp. 3-12. 22 Wages in Japan and the United States: Report o f the Joint United States-Japan Study (U.S. Department of Labor and Japan Ministry of Labor and Ministry of International Trade and Industry), 1966. 23 Janet L. Norwood, “Wages in Japan and the United States,” Monthly Labor Review, April 1967, pp. 25-28; and Janet L. Norwood, “Composition of wages and supplements: U.S.-Japan comparisons,” Monthly Labor Review, May 1967, pp. 30-34. 24 The development of this series from the ad-hoc request stage through the major expansion to 30 countries was directed by Patricia Capdevielle of the b l s Division of Foreign Labor Statistics. 25 Patricia Capdevielle, “Consumer Price Trends in 14 Industrially Advanced Countries, 1958-67,” Labor Developments Abroad, August 1968, pp. 15-28; and Patricia Capdevielle “Consumer Price Trends in 14 industrialized Countries, 1958 to June 1969,” Labor Deveoppments Abroad, December 1969, pp. 12-27. 26 Articles were published on consumer expenditures and levels of living from household expenditure surveys in nine countries from 1960 to 1965. Data were adjusted as much as possible to identical household type and classification of consumer expenditures. See, for example, Patricia Capdevielle, “Consumer Expenditures and Levels of Consumption of Low Income and of High Income Wage and Salary Workers Households in Nine Industrially Advanced Countries,” Labor A ppendix: Labor statistics available from The primary focus at BLS is to publish important labor statistics, adjusted for comparability to U.S. concepts, for major developed and developing countries, particularly if adjusted statistics are not available elsewhere. BLS does not cover all labor statistics series, nor does it attempt to cover all the countries in the world. On the other hand, the primary focus of international statistical agencies is to publish statistics for as many countries as possible, collected from national statistical offices within a common set of guidelines. These agencies provide detailed documentation of national sources and methods. But with few exceptions, the statistics are not adjusted for comparability. The international statistical agencies promote the international comparability of labor statistics by means of international recommendations on concepts and methods and standard international classification systems. They also publish technical manuals on measurement issues and provide technical assistance and training. The international (and supranational) agencies with labor statistics programs are: • • • International Labour Office (ILO) Organisation for Economic Co-operation and Development (OECD) Statistical Office of the European Communities (Eurostat) https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Developments Abroad, September 1969, pp. 23-34. Two other articles relevant to standards of living were John H. Chandler, “Perspectives on poverty 5: an international comparison,” Monthly Labor Review, February 1969, pp. 55-62; and “Trends in Average Hourly and Real Earnings of Wage Workers in Manufacturing, 10 Countries, 1958— 66,” Labor Developments Abroad, February 1968, pp. 10-17. 27 b l s also makes small adjustments to the Swedish statistics to add persons age 65 and older into both the official measures o f the employed and the unemployed and to subtract career military from the employed. 28 Constance Sorrentino, “International unemployment rates: how comparable are they?” Monthly Labor Review, June 2000, pp. 3-20. 29 The concept used in the b l s comparative series on hourly compensation costs differs from the il o concept of labor costs. The cost of recruitment, employee training, and plant facilities and services, such as cafeterias and medical clinics, are included in the il o concept of labor costs, but not in the b l s comparisons of hourly compensation costs. These items are excluded by b l s because data are not available for many countries. 30 Lucy P. Eldridge and Mark K. Sherwood, “A perspective on the U.S.-Canada manufacturing productivity gap,” Monthly Labor Review, February 2001, pp. 31-48. 31 The appendix provides a listing of major international agencies. international organizations Other international agencies which publish major labor statistics series include: • • • United Nations ( u n ) World Bank International Monetary Fund (IMF) On the BLS foreign labor statistics Web site, links are provided to these agencies for data complementary to the labor statistics which BLS produce: http://www.bls.gov/fls/availability.htm Their publications include data for countries not covered by BLS and additional data which supplement the BLS series. Links are also provided to sources of international data for topics not covered by BLS in a section entitled “People are asking.. http://www.bls.gov/fls/peoplebox.htm This section will be expanded on an ongoing basis. International Labour Office (ILO) Bureau of Statistics and Key Indicators of the Labour Market (KlLM)Team http://www.ilo.org/public/english/bureau/stat/intro/ http://www.ilo.org/public/english/employment/strat/ kilm / M onthly Labor Review June 2002 11 Providing C o m p a ra b le Data The International Labor Office was founded in 1919 and became the first specialized agency of the United Nations in 1946. The iLo’s mission is the promotion of social justice and internationally recognized human and labor rights. Almost every country in the world is a member. Among other activities, the ilo supports a comprehensive labor statistics program. The ilo collects labor statistics and publishes them in seven major publications and databases: Yearbook o f Labour Statistics. The Yearbook includes 31 tables covering economically active population, employ ment, unemployment, hours of work, wages, labor cost, consumer prices, occupational injuries, and strikes and lockouts for more than 190 countries, areas, or territories. The statistics are collected from member countries by means of standardized questionnaires. Data published are carefully documented regarding source, coverage, definitions, and adherence to international standard classifications. Bulletin o f Labour Statistics. The Bulletin includes series av ailab le m onthly and quarterly on em ploym ent, unemployment, hours of work, wages, and consumer prices. Sources and Methods: Labour Statistics. This series of annual Yearbook supplem ents provide the detailed documentation of sources and methods for data published in the Yearbook and Bulletin. Statistics on occupational wages and hours o f work and on fo o d prices, October Inquiry results. This publication presents statistics for wages and hours of work for 159 occupations in 49 industry groups and prices for 93 food items common throughout the world. Data are collected from national statistical offices by means of a standardized questionnaire. K ey Indicators o f the Labour M arket. This annual publication presents 20 labor market indicators covering employment and unemployment, wages and labor costs, labor productivity and unit labor costs, educational attainment, and poverty and income distribution. The indicators are carefully documented regarding definitions, sources, and coverage. D ata for the indicators are obtained from existing compilations of other international or national statistical agencies. The statistics are published in a variety of traditional and electronic media, including the annual publication, kilm on cd-rom, and KiLMnet on the Internet. Economically Active Population 1950-2010. This is the latest publication of periodic projections of the world labor force. It is part of a United Nation interagency project to provide demographic data coordinated and comparable in terms of dates. 12 M o n th ly L a bo r Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Jun e 2002 data sources, and estimation and projection methods. Data are presented for all member countries by age and gender. H ousehold Income and E xpenditure Statistics. This publication is a periodic compendium of statistics from household income and expenditure surveys. D ata are published in standardized tables, along with documentation of coverage and data sources for each country. lLO-Comparable Annual Estimates o f Employment and Unemployment. While most labor statistics published by the ilo are presented in a common framework and carefully documented, they are not adjusted for comparability. The exception is a relatively new program of iLO-comparable annual employment and unemployment estimates, which presently covers 26 countries. The following series are adjusted for conformity with ilo statistical guidelines: working-age population, total and civilian labor force, labor force participation rates, total and civilian employment and employment by age and by economic sector, unemployment by age, and unemployment rates, with selected data also published by sex. Latest data were published in the second quarter 2001 Bulletin o f Labour Statistics. This online database contains the statistics published in the Yearbook, Bulletin, October Inquiry, and Economically Active Population publications. It is being expanded to include population census data and the ilo C om parable A nnual E stim ates of E m ploym ent and Unemployment. labo rsta. Organisation for Economic Co-operation and Development (OECD) Statistics and program directorates http://www.oecd.org/std/ The oecd was first established to administer the Marshall Plan for Europe after World War II. Later, the organization’s mission was changed to coordinate economic policy among industrial countries, and the United States and Canada became members, oecd now has 30 member countries, including North American countries, most European countries, Australia, New Zealand, Japan, and Korea. The following are the oecd publications which provide labor statistics: Labour Force Statistics. This publication provides comprehensive labor force statistics for the 30 member countries: population, components of change in population, by sex and age; total and civilian labor force, employment and part-time employment, unemployment, unemployment rate, and duration of unemployment by sex; and civilian em ploym ent, em ployees, and professional status by economic activity. Statistics are presented in a common framework, and national data sources and definitions summarized. Except for standardized unemployment rates, data are not adjusted for comparability. Quarterly Labour Force Statistics. Quarterly statistics covered are: total labor force, employment, unemployment, unemployment rate, and employment by economic activity for 22 member countries. The publication also includes data on standardized unem ploym ent rates for 25 member countries. (See below.) Main Econom ic Indicators. This monthly statistical publication provides a wide range of economic indicators for the 30 member countries and about 10 nonmember countries. Labor indicators included are employment, unemployment, labor compensation, hours of work, job vacancies, and time lost to labor disputes. Historical statistics and additional indicators are available on CRROM and online. Main Economic Indicators: Sources and Definitions. This series o f publications contains summary descriptions of sources, concepts and definitions, and methodologies for series published in Main Economic Indicators. OECD also publishes specialized methodological publications. Many of these publications are available on the Internet. OECD Employment Outlook. This annual report provides an assessment of the latest labor market trends and short-term forecasts, and examines in more depth selected labor market developments or issues. It includes labor statistics to support topics for analysis plus a regular statistical annex showing key labor market data. European Union (EU) Statistical Office of the European Communities (Eurostat) http://www.europa.eu.int/comm/eurostat/ The European Union evolved from the initial es tablishment of the Council of Europe and the European Coal and Steel Community with six member countries after World War II. Today, it has 15 member states and is preparing for the accession o f 13 eastern and southern European countries. The e u is a “supranational organization” to which member states delegate sovereignty to common institutions representing the interests of the EU as a whole on questions of joint interest. Eurostat is responsible for collecting and publishing statistics to meet the needs of the Commission o f the European Union and the European Central Bank. Data are collected by national statistical offices and transmitted to Eurostat. Concepts and data collection methods are sometimes dictated by the Commission; other times, determined by consensus in series of Expert Working Groups. Statistical series vary in their degree of comparability and countries’ adherence to Eurostat guidelines. Statistics are published in a series of general and detailed publications— in collections called News Releases, Statistics in Focus, Panorama o f the European Union, and Detailed Tables— and maintained on an extensive database (New Cronos). Many publications are available in electronic format. Labor statistics collected include: harmonized labor force survey, wage structure survey, labor cost survey, employee earnings statistics, labor productivity indexes, and harmonized consumer price indexes. Publications of labor statistics in the Detailed Tables collection include the following: Labor force survey results, Labour costs, Earnings in industry and services — hours o f work in industry, Minimum wages— a comparative study, and Net earnings o f employees in manufacturing industry in the European Union. Education in Focus: OECD Indicators. This report in cludes statistics on labor force participation, unemployment, and earnings by level of educational attainment. United Nations (UN) Taxing Wages. This annual report presents estimates of net earnings, after income taxes, social security contributions, and cash benefits for manufacturing production workers by income level and family composition. The United Nations was established in 1945 with the purpose of maintaining international peace and security, cooperating in solving international economic, social, cultural, and humanitarian problems and promoting human rights and fundamental freedoms. Almost every country in the world is a member. The United Nations and its specialized agencies have several programs for the collection and publication of statistics. The following publications include labor statistics: Standardized Unemployment Rates. Unemployment rates are computed for 25 countries according to standard ILOOECD guidelines and published in Labor Force Statistics. Underlying unemployment and civilian labor force data are not published, and no other labor force data are adjusted for comparability. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Statistics Division http://www.un.org/Depts/unsd Statistical Yearbook. The Yearbook includes 85 tables covering population and social statistics, economic activity, M onthly Labor Review June 2002 13 Providing C o m p a ra b le D ata and international economic relations for more than 235 countries, areas, or territories. Data are official statistics of member countries, presented in a common framework, with notes concerning differences from international norms. The labor statistics included are employment by industry, unemployment, wages in manufacturing, and consumer price indexes, provided by the ILO. M onthly Bulletin o f Statistics. The Bulletin includes international economic indicators which are available monthly or quarterly, including employment, unemployment, wages, hours of work, and consumer price indexes provided by the ILO. World Bank Development Data Group http://www.worldbank.org/data/ The World Bank is a lending institution whose aim is to help integrate developing and transition countries with the global economy, and to reduce poverty by promoting economic growth. It has 181 member countries. World Development Indicators. This annual report includes 85 sets of development indicators covering social progress and quality of life, along with economic development, physical infrastructure, government policy and performance, and the condition of the environment. Indicators are based on statistics provided by the ILO, the United Nations Educational, Scientific, and Cultural Organization (UNESCO), World Health Organization (WHO), and the World Bank’s Development Research Group. Time series are available on CD-ROM. Labor market indicators include labor force structure, employment by economic activity, unemployment, wages, hours 14 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 and productivity. Related social indicators cover population dynamics, poverty and income or consumption distribution, education, and health. The report includes summary analysis and information about the data, along with the statistics. International Monetary Fund (IM F) Statistics Department http://www.imf.org http://dsbb.imf.org The International Monetary Fund is an international organization of 183 member countries. It was established to promote international monetary cooperation, exchange stability, and orderly exchange agreem ents; to foster economic growth and high levels o f employment; and to provide temporary financial assistance to countries to help ease balance of payments adjustments. International Financial Statistics. Major financial and economic statistics are released in a monthly publication, a yearbook, and time series on CD-ROM. Labor statistics included are: labor force, employment, unemployment, and wages. Dissemination Standards Bulletin Board. The Bulletin Board includes the following: information about economic and financial data series, concepts and definitions, coverage, data collection methods, their quality and tim elines; information about data dissemination practices; information on data standards; and articles and other contributions related to data quality issues. It was established to guide countries in improving the quality of their economic, financial, and socio-demographic statistics. The Bulletin Board is posted on the IMF Web site. Labor Market Performance U.S. labor market performance in international perspective From 1960 to 2000, U.S. unemployment rates improved from relatively high to the lowest among the G7 countries; Canada and the United States were leaders in jo b creation, while Japan and Europe had much weaker employment gains Constance Sorrentino and Joyanna Moy C o n s ta n c e Sorrentino Is a supervisory econom ist in the Division of Foreign Labor Statistics, Bureau of Labor Statistics; Jo yan n a M oy is an econom ist in the sam e division. E-mail: sorrentino_c@ bls.gov or m oyJ@ bls.gov. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis or developed economies, monthly un employment and employment changes are considered the two most informative labor market indicators, providing knowledge about the current performance of the labor market and the economy as a whole. International analyses often focus on these two key indicators as well, to compare the functioning o f labor markets across countries. Researchers have attempted to explain the reasons for international differences and to glean lessons from the more “successful” countries that may be applied toward bringing down unemployment and stimulating job creation in the less successful ones. In fact, the first BLS inter national comparison of unemployment rates was initiated at the request of a 1961 Presidential Com mittee that was concerned about the apparently high U.S. unemployment rate compared with rates in Europe and Japan. The b l s program of comparative labor force statistics evolved from that initial study for the Committee,1and the data from that program permit a long-term international perspective on labor market outcomes. Unemployment trends over the past 40 years clearly show divergent paths taken by the United States and Europe. From 1960 to 2000, the United States moved from the position of being a country with relatively high unemployment to a nation that attained the lowest jobless rate among the G7 major industrial countries (the United States, Canada, Japan, France, Germany, Italy, and the United Kingdom).2 By contrast, European unemployment rates moved in the opposite direction, from low to high, with the crossover occurring in the mid- F 1980s. While Europe and the United States were switching positions, Canada and Japan generally maintained their places in the international array: Canada’s jobless rate was frequently the highest, and Japan’s was almost always the lowest, dur ing the 40-year period. In contrast to unemployment statistics, relative em ploym ent trends were m ore consistent throughout the period. The United States and Canada generated the strongest job creation, while Japan and Europe had much weaker em ployment increases. The two North American countries’ employment growth greatly surpassed their population growth, while Europe’s and Japan’s employment did not even keep pace with more slowly rising populations. Canada’s job creation success contravened its relatively high unemployment rate over the four decades.3 The United States had the best of both worlds: lower unemployment rates and high job creation. This article examines U.S. trends and levels o f unemployment, employment, and related statistics from 1960 to 2000, contrasting them with corresponding trends and levels from the other G7 countries. To facilitate comparisons, the European members of the G7 are often treated as a unit and referred to as “Europe (G4)” or simply “Europe.”4 When numerical growth rates and averages are given for Europe (G4), they are simple arithmetic averages o f the respective figures for France, Germany, Italy, and the United Kingdom. Most of the data presented are from the BLS program of international labor force comparisons, M onthly Labor Review June 2002 15 Labo r M arket P e rfo rm a n ce About the data Most of the data presented in this article are from the b l s program of international labor force comparisons, in which the foreign data are adjusted to U.S. concepts.1 In addition, comparative data published by the Organization for Economic Cooperation and Development ( o e c d ) are used to supplement the b l s data in order to capture other important differences in labor market performance. The o e c d data, however, do not cover the entire 40-year period covered in the article; generally, o e c d data are limited to 1983 or 1984 onward. One tabulation in the article draws upon harmonized unemployment rates produced by the Statistical Office o f the European Comm unities (Eurostat). These data are closely comparable to the unemployment rates in the b l s adjusted series. bls of Italian unemployment rates from 1960 to 1991 over those rates shown as “adjusted to U.S. concepts” in the published b l s database. The changes in the Italian questionnaires and definitions did not substantially affect the employment figures; therefore, the employment series has not been adjusted. Another adjustment made for this article has to do with data on Japanese men’s and women’s unemployment rates adjusted to U.S. concepts. The b l s comparative database for Japan’s unemployment rates by sex has not been updated for 1994 onward. Updates for 1994— 2000 are available from a study by a Japanese economist published in the April Review,4 The data from that article have been used to complete the series for Japanese unemployment rates by sex and will be added to the bls comparative database in the next update. data oecd Both national data and b l s adjustment methods have changed over the years since 1960. Consequently, there are breaks in the historical continuity of series for most countries. Some breaks are inconsequential, while others represent a more significant discontinuity in the series that would seriously affect estimates of growth rates or averages over periods of time. In order to portray a more consistent long-term comparative picture, the Bureau evaluated the various breaks and decided that adjustments should be made to employment data for Germany and unemployment rates for Italy. In the b l s comparative database, data for Germany refer to the former West Germany through 1990 and to Germany (unified) thereafter. Thus, there is a significant discontinuity between 1990 and 1991, when German employment increased by almost 10 million and unemployment jumped by about a percentage point with the inclusion of the people of the former East Germany. To estimate the employment trends and employment-to-population ratios in this article, the Bureau has calculated a hypothetical unified Germany employment series back to I960.2 No adjustment is made, however, for the 1991 discontinuity in German unemployment rates. There was no concept of un employment under the former East Germany’s economic system; therefore, there is no basis upon which to link an unemployment series. Consequently, the reader should keep in mind that the upward movement of German and, hence, Europe’s unemployment rates in the 1990s is partly due to the absorption of the unemployment that became measurable in the former East Germany after unification.3 For Italy, the statistics in the b l s comparative database contain three significant breaks in series for unemployment rates, due to revised questionnaires and definitions that materially affected the continuity of the series. All of these revisions resulted in higher unemployment estimates for Italy. For this article, the Bureau has estimated the effects of the breaks and eliminated them, on the basis of links available for 1986, 1991, and 1992. The result is a substantial increase in estimates data Data compiled by the o e c d are used in this article to present in formation on youth unemployment, the duration of unemployment, employment-to-population ratios by age, and part-time and full-time employment. The o e c d data are quite comparable to the corresponding b l s data, although some adjustments for comparability that are made by the Bureau are not made by the o e c d . There are some important caveats, however, about the data on full-time and part-time employ ment, mainly with respect to Japan: Data collected by the o e c d on a standardized basis permit comparisons of trends and levels of full-time and part-time work across countries. The o e c d definition of part-time employment covers persons usually working 30 or fewer hours per week in their main job. This criterion is different from the U.S. definition, which covers persons working fewer than 35 hours per week. The most important caveat regarding data on full-time and parttime work is that the o e c d was not able to obtain an adjusted series for Japan. Hence, Japan’s data in table 8 are not comparable to those of the other countries, for two reasons: (1) the Japanese data are based on “actual hours worked” rather than “usual hours worked,” and (2) part-time employment in Japan is defined as working fewer than 35 hours per week. Thus, the data for Japan are shown only for tracking the broad trend in that country and should not be used to compare levels with other countries. Another caveat is that the U.S. data are for wage and salary workers only, while the data for the other countries cover all employment. This difference should not materially affect the comparisons, because paid workers account for more than 90 percent of total U.S. employment. Finally, the time-series data could not be adjusted to take account of the unification of Germany; for that reason, the growth rates in table 8 were calculated for the 1983-90 period for the former West Germany and for the 1991-2000 period for unified Germany. Notes to this box 1 The Bureau issues a semiannual compendium titled “Comparative Civilian Labor Force Statistics, Ten Countries.” The latest edition, dated Mar. 25,2002, can be accessed at the Internet site http://www.bls.gov/fls/home.htm. The compendium is also available in printed form upon request from the authors. 2 The data for Germany were linked on the basis o f 1991 ratios of employment in the former West Germany to employment in Germany (unified). Data were available on both bases that year. In 1991, employment in the former West Germany accounted for 77 percent o f total employment in Germany (unified). 3 Even excluding the former East Germany, German unemployment rates would 16 M onthly Labor R eview https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ju n e 2002 still show increases in the 1990s, but they would be about a percentage point lower than the figures shown for Germany in this article. 4 See Toshihiko Yamagami, “Underutilization o f labor resources in Japan and the United States ,”Monthly Labor Review, April 2002, pp. 25-43; on the Internet at http://www.bls.gov/opub/mlr/2002/04/art3full.pdf. For Japan, the Bureau has long maintained series for men’s and women’s unemployment rates adjusted for differences with U.S. concepts such that the differences tend to cancel out in the overall unemployment rate. While these further adjustments are not made to the bls series for the overall Japanese unemployment rate, they do have a significant impact on the jobless rates for Japanese men and women, lowering the men’s rate and raising the women’s rate. but several series are from the Organization for Economic Cooperation and Development (OECD), and one is from the Statistical Office of the European Communities (Eurostat). The box on page 16 summarizes additional adjustments made in the BLS database expressly for this article and presents some caveats about comparability of the OECD data on full time and part-time work. The analysis begins with an investigation of overall com parative labor market performance, focusing on unemployment and employment trends over the past 40 years. This sets the stage for a deeper investigation of the comparative un employment experiences of men, women, and youths. Data on the duration of unemployment illustrate a major difference in the nature of joblessness in the United States, compared with other countries. The article then turns to an analysis of employment indicators, including the employment-topopulation ratio by age and sex, sectoral employment trends, and trends in full-time and part-time jobs. Some other European countries have diverged from the path set by the G4, and this divergence is captured in a look at selected trends in other European Union countries. Numerous studies over the years, by both the Bureau and other researchers, have attempted to explain the international labor market differences described herein. A final section summarizes the major findings of some of this literature. Historical overview Overall trends in unemployment and employment are described for 1960-2000, including averages for three subperiods: 196073, 1973-90, and 1990-2000. Except for 1960, the first year for which most of the BLS data are available, these periods are broken at or near a business cycle peak for most countries and correspond to those chosen for the analysis of manufacturing productivity in another article in this issue of the Review.5 A U.S. business cycle peak occurred in April 1960, with the cor responding trough in February 1961. In 1973, the first “oil crisis” plunged the industrial economies into recession in 1974-75, when unemployment rose sharply, and 1990 preceded substantial increases in unemployment in six of the seven countries during 1991-92. Japan’s unemployment rate increases came a little later, in 1993 and from then onward. With one exception, employment was increasing and unemployment rates were declining in all of the base years chosen for the analysis. The exception was Japan in 2000, when employment moved downward slightly and the unemployment rate remained stable. Unemployment. Despite the disrupting influence of worldwide cyclical movements and the particular economic ills that plagued individual countries, the relative positions of the seven industrial countries showed little change over the decades of the sixties and seventies. Then the comparative picture began to change. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The first panel of chart 1 depicts the trends in unemployment rates for the United States, Canada, Japan, and Europe (the G4 nations) for 1960 through 2000. At the beginning of the period and throughout the 1960s, unemployment was comparatively high in both the United States and Canada and very low in Japan and Europe.6 Although, over the 40-year period from 1960 to 2000, the U.S. unemployment rate reached a low of 3.5 percent in 1969, the figure was still significantly higher than that of Europe and, especially, that of Japan the same year. In 1969, Japan’s rate also had attained a 40-year low (1.1 percent), while Germany’s rate (0.6 percent) was indicative of a severe labor shortage. (Still, Germany’s rate had been lower by half earlier in the decade, when that nation had to import millions of Gastarbeiter—“guest workers”— to keep the wheels of industry turning.7) Italy’s unemployment rate was above the rate for the United States, while the French and British rates, although not as low as Germany’s, were under the record low U.S. rate. Prior to the first “oil shock” in 1973, unemployment in the United States had already risen in 1971-72 over the 1970 level, while rates remained fairly low in Japan and Europe. In 1975, joblessness surged in all the G7 countries, with the U.S. rate of 8.5 percent the highest in the group. The U.S. rate proceeded to move downward sharply during the rest of the 1970s, while jobless rates generally rose even further in the other G7 countries. The second “oil shock,” in 1979, and the recession that followed in the early 1980s again resulted in substantial increases in the unemployment rate in all of the countries examined. This time, however, Canada’s rate moved higher than the U.S. rate. As the U.S. rate subsequently moved downward in the 1980s and European rates continued to rise, the U.S. rate fell below the European (G4) average for the first time. Even when European rates moved slowly downward in the latter 1980s, the U.S. rate continued to be below the European rate, a situation that has remained through the latest year studied. In the early 1990s, recessions resulted in rising unem ployment in all of the countries examined, except for Japan. Rates subsequently moved downward in the United States, Canada, and Europe, but the European decline was slower. By 2000, the average unemployment rate for Europe was the highest among the G7 groups, and the U.S. rate was the lowest. Japan’s rate began to rise significantly in 1993, and by the end of the period, it had surpassed the U.S. rate for the first time in the 40-year period studied. Table 1 shows the average unemployment rate for the entire period for each of the seven countries studied and for the three subperiods. On average, for the entire 1960-2000 period, Japan maintained the lowest jobless rates, 2.2 percent. The U.S. average was nearly 3 times as high. Europe’s (G4) average was M onthly Labor Review June 2002 17 Labo r M arket P erfo rm a n ce Chart 1. Unemployment rates and employment trends in G7 countries, 1960-2000 Percent Percent 12 10 - 2 No t e : Trend line for Europe includes data for the former West Germany through 1990; thereafter, the data refer to Germany (unified). S o u r c e : Bureau of Labor Statistics. Rate Rate 260 240 220 200 180 160 140 120 100 80 S o u r c e : Bureau of Labor Statistics. 18 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ju n e 2002 Table 1. Average unemployment rates in G7 countries, selected periods, 1960-2000 [In percent] C o u n try United S ta te s .......................... Canada ................................... Japan ...................................... Europe (G 4 ):........................... F ra n c e ................................. Germ any1 ............................ Italy2 .................................... United K in g d o m .................. 1960-2000 1960-73 1973-90 1990-2000 6.0 7.3 2.2 6.1 6.6 4.2 7.3 6.4 4.9 5.1 1.3 2.6 2.0 .7 4.7 2.9 6.9 8.1 2.2 6.8 7.4 4.6 7.2 7.9 5.6 8.6 3.2 9.4 11.1 7.9 10.5 8.0 1 Former W est Germany through 1990; Germany (unified) thereafter. 2Adjusted for breaks in historical continuity of the series. slightly below the U.S. figure, while Canada had the highest average unemployment rate over the whole period, 7.3 percent. The period 1960-73 was the time frame of lowest average unemployment rates for all G7 countries during the 40 years examined. In 1973-90, unemployment rose, on average, in all of the countries, with the highest relative increases occurring in Europe, where the average almost tripled compared with the previous period’s figure. During the 1990-2000 period, the United States had the distinction of being the only G7 country in which the average unemployment rate was lower than it was in 1973-90. The increases in unemployment were greatest in the European countries (with the exception of the United Kingdom, where the rate was virtually unchanged) and moderate in Canada. Japan’s average, although still the lowest of all the countries, was much higher than it was in the 1973-90 period. Employment. The second panel of chart 1 portrays em ployment trends over the 40-year period studied. Overall, the U.S. job creation rate of 1.8 percent per year was surpassed only by Canada’s, which was half a percentage point greater. By contrast, Japan and Europe had rather flat employment performance. Unlike the trend lines for Japan and Europe, recessionary downturns in employment are clearly evident in the charted lines for the United States and Canada, with the downturns or pauses always followed by a resumption of strong employment growth. The United States maintained its relatively high employment growth rate during both 1960-73 and 1973-90, while the pace tapered off in Canada and Japan in the latter period. (See table 2.) Europe’s very low rate of employment growth inched upward in 1973-90. By the 1990s, annual rates of change in employment turned downward in all countries except France. Employment growth was virtually nil in Germany, and employment declined slightly in Italy. Employment increases in France and the United Kingdom outpaced the low European (G4) average. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Source: C o m p a ra tiv e Civilian L a b o r F o r c e Statistics, Ten C ou ntries, 1 9 5 9 - (Bureau of Labor Statistics, Mar. www.bls.gov/fls/home.htm. 2001 25, 2002); on the Internet at http:// Although lower than the 2-percent growth rate of the previous period, the U.S. annual employment growth rate of 1.3 percent in 1990-2000 was 6 times the growth rate of Europe (G4), 4 times that of Japan, and almost the same as that of the perennial employment growth leader, Canada. The huge comparative difference between the United States and Europe, a wider gap than in 1973-90, resulted in references to “the great American job machine” and the “U.S. Employment Miracle.”8The U.S. performance became the envy of most other industrial countries, far different from the sentiments of the early 1960s, when the United States looked to European countries as exemplars of effective labor markets. The foregoing broad picture of historical unemployment and employment trends sets the stage for a deeper investigation of (1) unemployment and employment for major demographic groups, (2) the duration of unemployment, and (3) the sectors and types of jobs for which changes were occurring. The investigation begins with unemployment indicators. Additional unem ploym ent indicators Chart 2 reveals differences across countries in the un employment experience of men compared with women and youths compared with adults. In addition, the chart highlights large contrasts in the duration of unemployment. The BLS database is supplemented by statistics from the OECD on youth and adult unemployment rates and on the duration of unemployment. Men and women. Both North American countries moved toward, and then achieved, equality in unemployment rates for men and women. Japan and Europe appear to be moving in that direction also, but have not yet achieved equality. (See first panel of chart 2.) In the United States, men had significantly lower un employment rates than women every year from 1960 to 1981. M onthly Labor Review June 2002 19 Labo r M arket P erfo rm a n ce But men’s rates began increasing relative to those of women in the 1970s and moved higher than women’s during the 1980s recession. Subsequently, the rates equalized for some years, and then men’s rates again rose higher than women’s when recession occurred in the early 1990s. Later in the 1990s, women’s and men’s jobless rates again equalized. Canada had back-and-forth shifts in the relationship of men’s to women’s unemployment, with men having higher rates in the early 1960s and again in the 1990s, after some periods of equalization in the intervening years. By contrast, Japanese and European men had substantially lower jobless rates than women had throughout the 40 years studied. In Europe, the male-female gap in unemployment rates remained remarkably stable over the 40 years, while Japan achieved some narrowing of the sex differential in 1973-90 and a further narrowing in the 1990s. (See table 3.) The United Kingdom had a different profile from the other European (G4) countries: in all periods, British women had notably lower unemployment rates than men, and the differential widened in the 1990s. Youths and adults. In most industrial countries, un employment rates for young people historically have been higher than those for their elders. Youth unemployment rates are, of course, affected by the overall job situation in each country. Therefore, ratios of youth (those under 25 years) to adult (25 to 54 years) unemployment rates are compared in table 4, with averages for two periods plotted in the second panel of chart 2, based on OECD data for 1984-2000.9 (OECD data for earlier years were not available for all the G7 countries.) Such ratios may be affected by the general level o f unemployment to some extent, but they highlight the relative problems of youths in the labor market. The ratios shown in the chart are average ratios for the 1984-90 and 1990-2000 periods. There was little change Table 2. over the two periods, with the differentials between youths and adults rising slightly in the United States and Canada, declining somewhat in Europe (G4), and holding about steady in Japan. Europe’s decline was due mainly to a sharp decrease in the youth-adult ratio in Italy. In the United States, young persons are 2 to almost 3 times as likely as adults to be unemployed. This differential was about the same as the overall averages for Europe and Japan for 1984-2000. Canada’s youths experienced a much lower gap in unemployment rates with adults. Within Europe, there were sharp contrasts: Italian youths were 4 to 5 times as like ly to be unemployed as their adult counterparts, while German youths had jobless rates about the same as adults throughout the period. (See table 4.) Duration o f unemployment. Almost h alf o f E urope’s unemployed remain jobless for a year or longer, while less than 10 percent fall into that category in the United States. (See bottom panel of chart 2, based on OECD data.) In 1983, the United States, Canada, and Japan had about the same proportion of long-duration unemployment, while Europe’s was far higher. During the 1980s, the proportion declined somewhat in the United States and Canada, rose in Japan, and remained very high in Europe. All countries except Japan showed a rising trend in the early 1990s. Japan’s longduration unemployment worsened in the last half o f the decade, while the other G7 countries showed some small improvement. The data on duration of unemployment reveal an important difference in the nature of unemployment in the United States compared with Europe. The proportion of long-term unem ployment in Europe remains persistently high even during and after recoveries. In the United States, it is relatively low even during downturns in the economy. Thus, the burden of unemployment tends to fall on a smaller proportion of the Employment growth rates in G7 countries, selected periods, 1960-2000 [Average annual rate of change] Country 1960-2000 United S ta te s ...................................... Canada ............................................... Japan .................................................. Europe (G 4 ):....................................... F ra n c e ............................................. Germ any1........................................ Ita ly ................................................. United K in g d o m .............................. 1.8 2.3 1.0 .3 .6 .2 .1 .4 1960-73 2.0 2.9 1.4 .3 1.0 .3 -.5 .3 1973-90 2.0 2.3 1.0 .5 .3 .3 .7 .5 1 Employment adjusted to Germany (unified) throughout the period. 2001 S ource: http://www.bls.gov/fls/home.htm. C o m p a ra tiv e C iv ilia n L a b o r F o r c e Statistics, Ten C o u n trie s, 1 9 5 9 - 20 M o nthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ju n e 2002 1990-2000 1.3 1.4 .3 .3 .6 .1 -.1 .4 (Bureau of Labor Statistics, Mar. 25, 2002); on the Internet at Chart 2. Unemployment indicators by sex, age, and duration in G7 countries Ratio Ratio 1960 1964 1968 1972 1976 1980 1984 1992 1988 1996 2000 No t e : Data for Japan are from 1970 to 2000; data for Europe (G4) are from 1962 to 2000. Percent Percent 4 Average ratios of youth to adult unemployment rates, 1984-2000 I 1984-90 3 3 1990-2000 2 h 2 1 1 0 United States Japan C anada Europe (G4) No t e : Youths are under 25 years; adults are 25 to 54 years. Percent of total unemployment 70 Persons unemployed 1 year or longer, as a percent of total unemployment, 1983-2000 60 Percent of total unemployment 70 60 Europe (G4) 50 - 50 - 40 40 - - 30 Japan 20 10 United States 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Note : Trend line for Europe (G4) includes data for the former West Germany through 1990; thereafter, the data refer to Germany (unified). S o urce : Top panel, Bureau of Labor Statistics; middle and bottom panels, Organization for Economic Cooperation and Development, Labor Force Statistics, 1980-2000. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review June 2002 21 Labo r M arket P e rfo rm a n ce Table 3. Annual average ratios of men’s to women’s unemployment rates in G7 countries, selected periods, 1960-2000 Country 1960-2000 United S t a te s .......... C a n a d a .................... Jap an1..................... Europe (G 4 ):........... F r a n c e ................. Germany2 ............ It a ly ..................... United Kin gd o m .... 0.9 1.0 .6 .8 .6 .8 .5 1.2 1960-73 0.8 1.1 .5 .8 .4 .8 .6 1.2 1973-90 1990-2000 0.9 .9 .6 .7 .6 .7 .4 1.1 1.0 1.1 .8 .9 .7 .8 .5 1.4 1Data begin with 1970. 2 Former W est Germany through 1990; Germany (unified) thereafter. S ource : C o m p a r a t iv e C iv ilia n L a b o r F o r c e S ta tistics, Ten C o u n tr ie s , (Bureau of Labor Statistics, Mar. 25, 2002); on the Internet at http://www.bls.gov/fls/hom e.htm . 1 9 5 9 -2 0 0 1 population in Europe, while in the United States and Canada, a greater percentage of the population experiences a spell of unemployment over the course of a year. A d d itio n al e m p loym en t indicators This section takes a more indepth look at employment by examining employment-to-population ratios overall and by sex and age. In addition, investigations of trends in employment in agriculture and in goods-producing and service-producing industries and analyses of trends in part-time and full-time jobs reveal further important contrasts between the United States and other countries. Employment ratios. The employment-to-population ratio (hereinafter, simply the employment ratio) indicates how a country’s employment growth compares with the growth in its working-age population. Employment growth surpassed working-age population growth in the United States and Canada, and employment ratios moved upward. (See chart 3.) Meanwhile, employment did not keep up with working-age population growth in Japan and Europe, and those countries’ ratios generally moved downward. Cyclical fluctuations were greater in employment ratio trends for the United States and Canada than for Japan and Europe. At the beginning of the period, employment ratios were lowest in Canada and the United States, but by the end of the period, the United States had the highest ratio, followed by Canada. Japan began the period with the highest employment ratio by far, but it fell below the ratios of the two North American countries by the mid-1980s. Employment ratios in Europe (G4) declined over the past 40 years and are now far below those of the other G7 countries. Within the G4 nations, the drop was steepest in Italy. (See table 22 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ju n e 2002 5.) The United Kingdom’s employment ratio was much closer to that of the two North American countries than to Europe’s average. Employment ratios were rising for women and falling for men over the long term. (See chart 4 and table 5.) Again, there were greater fluctuations in the U.S. and Canadian ratios and milder ones in the Japanese and European ratios. The employment ratios for men were highest in Europe and Japan in the 1960s and lowest in Canada and the United States. By 2000, employment ratios for Japanese and U.S. men were about equal, while the rate for European men dropped to the lowest among men in any of the G7 groups. In the United States and Canada, employment ratios for men rose slowly during most of the expansionary years of the 1980s and 1990s, counter to the historical downward trend, but the ratio for Japanese and European men continued downward. Employment ratios for women increased in every G7 group except Japan, but the European (G4) increase was due mainly to a large gain by British working women. Employment ratios showed little increase in the other G4 members, and in Italy they fell until around the mid-1980s, before rising again to reach their 1960 level by 2000. For Japanese women, the trend was one of decline until the late 1970s and a leveling off thereafter. In 1960, U.S. women had a much lower employment ratio than Japanese women and a slightly lower ratio than European women. By 2000, U.S. women had the highest employment ratio of women in any of the G7 countries, with Canadian women close behind. Canadian women recorded the strongest increases, experiencing a near doubling in their employment ratio from 1960 to 2000. Comparative employment ratios are greatly influenced by the varying ratios for certain age groups. In particular, there is little variation across countries in employment ratios for workers in their prime working ages (25 to 54 years), but large variations in employment ratios for youths (under 25 years) and older workers (55 to 64 years). (See chart 5.) The basic similarities and differences among the G7 countries appearing in chart 5 have held since at least the early 1980s. (See table 6.) The United States had the highest proportion of working youths, a much higher rate than in Japan and Europe and slightly higher than Canada’s rate. At the other end of the age spectrum, Japan had the highest employment ratio for older workers, and the United States was next in line. The U.S. ratio was 20 percentage points higher than the older worker ratio for Europe and about 10 percentage points higher than the rate for Canada. Employment ratios for the younger and older U.S. populations grew from 1983 to 2000, while they declined or held steady elsewhere, except for Canadian youths, whose employment rates also moved upward. In the United States and Canada, persons in the prime working ages had substantial increases in employment ratios from 1983 to 2000, compared with their counterparts in Japan and Europe. The small increases for prime-age workers, combined with the declines in employment rates for younger or older workers, explain the long-term downward trend in employment ratios depicted in chart 3 for Japan and Europe. By contrast, the United States and Canada saw increasing employment rates in all three of the age groupings, although Canada’s older workers had only a slight increase. In the goods-producing industries, employment increases occurred in the United States, Japan, and Canada. In Europe, employment in this sector either declined (in France, Germany, and the United Kingdom) or held steady (in Italy). The service-producing industries were the engine of job growth throughout the G7 countries. Employment growth in the service-producing sector was stronger than it was in the goods-producing sector in all seven countries, with the strongest showing in the United States and Canada. In 2000, the service-producing sector accounted for between three-fifths and three-quarters of total employment in the countries studied. Employment in goods-producing industries made up one-fifth to one-third of total employment. In contrast, employment in agriculture accounted for 5 percent or less of total employment in all of the countries studied.10 Sectoral employment. Over the past 40 years, employment trends in the three major economic sectors—agriculture, goodsproducing industries and service-producing industries—were quite different both within and across countries. (See chart 6 and table 7.) The superior employment performances of the United States and Canada stemmed mainly from their much larger gains in service-sector employment, lower losses in agriculture, and maintenance of some growth in the goodsproducing sector. Employment in agriculture fell in all o f the countries examined, but the losses were smaller in the two North American countries. Japan and Europe (particularly France, Germany, and Italy) experienced large percentage declines in agricultural em ployment. These countries began the period with substantially larger agricultural sectors than the others, which already had suffered big losses from the agriculture sector earlier in the 20th century. Table 4. Full-time and part-time employment. This section is based upon an OECD standardized series on full-time and part-time employment. (See box on page 16 for information about this series and some caveats about the comparability of the Japanese data in particular.) Most U.S. employment growth since 1983 has been in full time jobs. (See table 8.) The United States was the only G7 country with a declining proportion of part-time employment during 1983-2000. In Europe, employment growth has been weak Ratios of youth to adult unemployment rates in G7 countries, selected years, 1984-2000 — Year 1984 ................ 1985 ................ 1986 ................ 1987 ................ 1988 ................ 1989 ................ 1990 ................ 1991 ................ 1992 ................ 1993 ................ 1994 ................ 1995 ................ 1996 ................ 1997 ................ 1998 ................ 1999 ................ 2000 ................ Averages: 1984-2000 .... 1984-90 ........ 1990-2000 .... Europe (G4) United States Canada Japan 2.3 2.3 2.3 2.4 2.4 2.6 2.4 2.4 2.2 2.3 2.5 2.7 2.8 2.9 3.0 3.1 3.0 1.8 1.8 1.8 1.7 1.7 1.6 1.7 1.7 1.7 1.7 1.7 1.7 1.8 2.1 2.1 2.2 2.2 2.3 2.3 2.4 2.3 2.5 2.5 2.7 2.8 2.6 2.6 2.3 2.3 2.5 2.4 2.3 2.3 2.2 3.2 3.3 3.0 2.7 2.6 2.3 2.4 2.4 2.3 2.5 2.4 2.4 2.4 2.4 2.4 2.4 2.5 2.6 2.4 2.7 1.8 1.7 1.9 2.4 2.4 2.5 2.5 2.8 2.4 1 Former W est Germany through 1990; Germany (unified) thereafter. N ote : Youth are defined as persons under 25 years; adults are persons https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Germany' Italy United Kingdom 3.7 3.4 3.0 2.6 2.6 2.3 2.4 2.5 2.3 2.5 2.5 2.5 2.4 2.5 2.4 2.5 2.6 1.7 1.5 1.3 1.2 1.2 1.0 1.0 1.0 .9 1.0 1.0 1.1 1.2 1.2 1.1 1.0 1.1 5.4 6.4 5.6 5.2 4.7 4.4 4.3 4.3 4.3 4.3 3.9 3.8 3.7 3.7 3.5 3.5 3.6 2.1 1.9 1.9 1.7 1.7 1.6 1.7 1.9 1.8 2.0 2.0 2.1 2.1 2.3 2.5 2.5 2.7 2.6 2.9 2.5 1.1 1.3 1.1 4.4 5.1 3.9 2.0 1.8 2.1 France aged 25 to 54 years. S ource : L a b o r F o r c e S ta tis tic s, 1 9 8 0 - 2 0 0 0 , P a r t III (Paris, Organization for Econom ic Cooperation and Development, 2001). M onthly Labor Review June 2002 23 Labo r M arket P e rfo rm a n ce Chart 3. Employment-to-population ratios in G7 countries, 1960-2000 Percent Percent S o urce : Bureau of Labor Statistics. Chart 4. Employment-to-population ratios by sex in G7 countries, 1960-2000 Percent Percent S o u r c e : Bureau of Labor Statistics. 24 M o nthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ju n e 2002 Table 5. Employment-to-population ratios in G7 countries, 1960, 1973, 1990, 2000 [In percent] Year and sex United States Canada Japan Europe (G4) France Germany' Italy United Kingdom 62.0 58.5 55.1 52.8 54.0 45.8 43.9 42.9 60.6 60.3 59.6 59.8 85.1 78.3 68.2 61.7 79.5 69.3 60.0 56.5 85.0 79.1 70.3 67.5 42.6 41.2 43.1 44.6 31.0 24.5 29.2 30.5 38.9 43.4 49.8 52.6 Both sexes: 1960 ........................ 1973 ........................ 1990 ........................ 2000 ........................ 56.1 57.8 62.8 64.5 52.6 56.4 62.2 62.1 66.7 63.2 61.3 59.0 58.8 55.1 52.4 51.7 58.6 55.8 50.9 51.1 Men: 1960 1973 1990 2000 ........................ ........................ ........................ ........................ 78.9 75.5 72.0 71.8 76.9 74.3 70.6 68.3 82.8 80.8 75.4 72.5 83.2 75.2 65.0 61.2 74.2 61.3 59.0 Women: 1960 ........................ 1973 ........................ 1990 ........................ 2000 ........................ 35.5 42.0 54.3 57.7 28.6 39.1 54.1 56.1 51.8 46.8 48.0 46.4 37.5 37.1 40.9 42.9 39.2 41.5 43.9 1 Employment ratios are adjusted to Germany (unified) throughout the period. N ote : Dash indicates data not available. in general, but, in addition, the increases that did occur were mainly in part-time employment. This appears also to be the case in Japan. In 2000, part-time employment constituted 12 percent to 13 percent of total employment in the United States and Italy, but almost twice that proportion in the United Kingdom. Japan’s proportion of part-time work appears to have been very high, but the Japanese data are not closely comparable to those for the other countries, being overstated to an unknown degree. Chart 7 tracks the ratio of full-time to part-time employment from 1983 to 2000. (Note that the jump in the trend line for Europe (G4) in 1991 was due to the absorption of workers from the former East Germany, who were predominantly full-time workers in the Soviet system.) Europe began the period with the highest ratio of full-time to part-time workers, but the trend was sharply downward thereafter. The United States began the period with a ratio considerably below Europe’s, but ended with the highest ratio: full-time employment was 7 times as high as part-time employment, while in Europe it was 5 times as high. In Canada, the ratio was somewhat lower. Japan’s trend (not shown in the chart) also was sharply downward. Europe b e yo n d the G 4 countries Several European countries that are not members of the G4 have had labor market experiences somewhat different from those of France, Germany, Italy, and the United Kingdom. Table 9 shows unemployment rates for other countries in the European Union.11 The data for all countries except Sweden are from harmonized unemployment rates produced by Eurostat. The data for Sweden https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis S o urce: — — La b o r F o rce S t a t is t i c s , 1 9 8 0 -2 0 0 0 , P a r t III (P a ris, Organization for Econom ic Cooperation and Development, 2001). are from the b l s comparisons program. Unemployment rates for the entire period back to 1960 are available only for Sweden; therefore, the table focuses on the more recent trends. Sweden had an extraordinarily low unemployment rate in 1990, and in the years back to 1960 the rate never rose above 3.5 percent on an annual basis. However, the Swedish jobless rate surged to 9.3 percent in 1993 and then continued to climb to about 10 percent in 1997 before abating. Over the period 19902000, Sweden’s average unemployment rate of 7.3 percent was about 2 percentage points below the G4 average. Several of the other non-G4 European countries had lower unemployment rates than the G4 average for the 1990s, with Austria and the Netherlands well below even the U.S. average rate of 5.6 percent for the period. By contrast, Spain, with rates above 20 percent in some years of the 1990s, greatly surpassed the European (G4) average. The Netherlands also provides an exception to the slow employment growth of Europe (G4). Dutch employment grew at about the same pace as that in the United States from 1973 to 2000,12 but the nature of Dutch job growth was quite different from U.S. job growth: Dutch employment gains were virtually all in part-time positions. In 1983, part-time jobs made up only 7 percent of all employment in the Netherlands; by 2000, the proportion had rocketed to one-third of all Dutch employment, the highest share among the European Union countries. Perspectives on differences The divergent experiences of labor markets in the United States, Canada, Europe, and Japan have spawned a host of M onthly Labor Review June 2002 25 Labor Market Perform ance Chart 5. Employment-to-population ratios by age in G7 countries, 2000 Percent 100 Percent 100 — Yc 90 . Youths 90 80 - 80 70 60 70 - H 60 50 - 50 40 - 40 Il 30 - 30 20 - 20 10 - 10 0 0 — United States Canada Japan Europe (G4) Percent Percent 100 1uu Prime-age workers 90 90 80 80 M M iM H 70 70 WÈÊêmêmmsmii 60 60 50 50 wÊIKBÊÊÊÊmSÊÊK 40 40 : ■ 30 30 20 H 20 10 10 0 0 United States Canada Japan Europe (G4) Percent 100 90 Percent 100 Older Workers 90 80 - 80 70 - H 70 60 - 60 50 - 50 40 - 40 30 - : : 20 - 30 20 10 - 10 0 0 United States Canada Japan Europe (G4) NOTE: Youths are under 25 years, prime-age workers are 25 to 54 years, and older workers are 55 to 64 years. SOURCE: E m ploym en t Outlook (Paris, Organization for Economic Cooperation and Development, June 2001), Statistical Annex, Table C. 26 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 Table 6. Employment-to-population ratios by age and sex in G7 countries, 1983, 1990, and 2000 [In percent] Both sexes Men Women Country and age group 1983 1990 2000 1983 1990 2000 1983 United States: 1 6 -2 4 .............................. 2 5 - 5 4 .............................. 5 5 - 6 4 .............................. 55.6 73.7 51.4 59.8 79.7 54.0 59.8 81.5 57.7 59.2 86.1 65.2 63.5 89.1 65.2 62.0 89.0 65.6 Canada: 15-24 .............................. 25 -54 .............................. 55-64 .............................. 53.6 71.9 47.9 61.1 78.0 46.3 56.3 79.9 48.4 54.3 84.6 66.4 62.3 86.4 60.3 J a p a n :................................ 15-24 .............................. 25-54 .............................. 55-64 .............................. 42.2 76.6 61.3 42.2 79.6 62.9 42.7 78.6 62.7 41.9 95.2 95.2 Europe (G4): 1 5 - 2 4 .............................. 2 5 - 5 4 .............................. 55-64 .............................. 45.9 72.2 39.9 47.3 74.5 38.4 39.8 76.7 37.7 F ra n c e :............................. 15-24 .............................. 25-54 .............................. 55-64 .............................. 36.7 76.9 39.9 29.5 77.4 35.6 G erm any:1 15-24 ............................. 25 -54 .............................. 55-64 .............................. 51.6 71.4 38.1 Italy:................................. 15-24 ............................. 25-54 ............................. 55-64 ............................. United Kingdom: 1 6 -2 4 .............................. 2 5 -5 4 .............................. 5 5 -6 4 .............................. 1990 2000 52.2 62.0 39.4 56.1 70.6 44.0 57.6 74.3 50.5 56.7 85.9 57.7 52.9 59.1 30.9 59.9 69.7 33.0 55.8 74.0 39.3 41.4 96.2 80.4 42.5 93.5 78.4 42.5 58.1 45.1 43.0 62.9 46.5 43.0 63.6 47.8 50.8 90.0 56.4 51.3 89.1 52.1 43.3 87.1 46.7 40.9 54.4 25.6 43.2 59.9 25.7 36.3 66.1 29.0 23.3 78.3 34.2 42.8 91.9 50.4 33.6 89.8 43.0 26.7 87.0 38.4 30.5 61.9 30.4 25.2 65.1 28.8 20.0 69.6 30.2 56.4 73.6 36.8 48.4 80.2 38.6 54.6 88.4 57.4 58.7 86.9 52.0 52.5 89.4 48.2 48.4 53.7 24.0 54.0 59.6 22.4 44.2 70.8 29.0 34.4 67.0 34.1 33.3 68.0 32.0 26.1 67.7 27.3 40.9 93.2 55.3 38.8 90.2 50.9 30.2 84.6 40.3 28.1 41.8 14.6 27.8 46.2 14.7 22.0 50.7 15.2 60.7 73.3 47.5 70.1 79.0 49.2 61.5 80.4 50.5 64.8 86.4 62.6 74.2 89.5 62.4 63.9 87.5 59.8 56.5 60.2 33.4 65.9 68.6 36.7 58.9 73.1 41.4 1 Former W est Germany in 1983 and 1990; Germany (unified) in 2000. S ource: E m p lo y m e n t O u t lo o k (P a ris,O rg a n iza tio n for E c o n o m ic studies, many of which have tried to determine the underlying causes of these differences. Earlier studies sought to explain the relatively high U.S. unemployment rates, while studies after the mid-1980s attempted to explain the success of the U.S. labor market compared with that in Europe, in terms o f both unemployment rates and employment growth. Other research delved into reasons underlying differences in youth un employment rates, labor force participation rates, and sectoral employment trends. A few studies looked beyond un employment to international comparisons of broader measures of underutilization, and bilateral (that is, two-country) studies investigated the U.S.-Japan and the U.S.-Canadian un employment gaps. Research on “labor market flexibility” https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Cooperation and Development, June 2001 and July 1997), Statistical Annex, Table C. examined the impact of various institutions and legislation on comparative employment and unemployment. This section begins with summaries of some BLS studies, almost all of them published in the Review, and concludes with a brief discussion of selected research by other individuals and organizations. Myers and Chandler. In 1961, the President’s Committee to Appraise Employment and Unemployment Statistics asked the Bureau to prepare a study of definitional and other reasons for the high unemployment rate in the United States, compared with rates in other industrialized countries. In response, Robert J. Myers and John H. Chandler presented one of the first analyses of international unemployment differences to the Committee, M onthly Labor Review June 2002 27 Labor Market Perform ance Chart 6. Annual average employment growth rates by sector In G7 countries, 1960-2000 Percent change Percent change 4 3 2 1 0 -1 -2 -3 -4 -5 and summaries were published in the August and September 1962 Monthly Labor Review}* The September report was a followup to their study in the August issue showing that divergence in the statistical methods and definitions used in compiling unemployment statistics was a relatively minor influence in explaining differences in the 1960 unemployment rates in the eight countries studied. In their September article, Myers and Chandler investigated demographic, economic, legal, and social factors that might have affected the comparative levels of unemployment rates. Their study found no one factor to be the “most important” in explaining the high U.S. rate. Demographic factors and the composition of the workforce did not go very far in providing a satisfactory general explanation of the differences in unemployment rates among the countries covered. Myers and Chandler concluded that the countries with lower unemployment rates than the United States differed from it in two main respects: (1) they experienced a considerably faster rate of economic growth during the 1950s; and (2) as a result of their own individual customs and traditional employment relationships, their workers enjoyed somewhat more assurance of job stability than did U.S. workers. Bulletin on unemployment comparisons. In 1978, Sorrentino updated Myers and Chandler’s analysis in a chapter that was included in a comprehensive bulletin on unemployment BLS 28 M onthly Labor R eview https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ju n e 2002 comparisons.14 The study concluded that the following factors together helped to explain the comparatively high U.S. unemployment rates that prevailed during the 1960-78 period: (1) the relatively rapid increase in the U.S. labor force, compared with much slower growth or declining labor forces in Europe and Japan; (2) a higher and still growing proportion of U.S. youth in the workforce (a result o f the U.S. postwar baby boom), which was significant because young persons tended to have much higher unemployment rates than adults; (3) the relatively small proportion of the U.S. labor force engaged in agriculture and the large wage and salary component, together exposing more people to the possibility of unemployment (by contrast, some foreign countries still had relatively large agricultural sectors, and most had a large proportion of small, family-owned businesses, which shielded self-employed and unpaid family workers from the threat of unemployment); (4) cyclical flows of foreign workers, termed “guest workers,” to and from certain European countries, which helped to dampen unemployment increases during recessions; (5) widespread use of short-time work compensation systems abroad, which allowed employers to reduce hours instead of laying off workers; and (6) higher turnover rates and greater worker mobility in the United States, compared with strongerjob security in Europe and Japan, causing higher levels of “frictional” unemployment in the United States. Sectoral employment trends. In 1971, Sorrentino analyzed sectoral employment shifts in the major industrial countries over the 1950-70 period, and this work was updated by Godbout in 1993 to cover the 1970-90 period.15 The articles explain that, generally, with a nation’s economic development and progress in industrialization, the distribution of the employed population shifts from agriculture to industrial activities and, further, from these sectors to service activities. The United States emerged as the world’s first “service economy,” defined as an economy with more than 50 percent of employment in service-producing activities, shortly after World War II. With some lag, the other industrial nations were found to be following that pattern of sectoral development. Table 7. Country Agriculture United S ta te s .............. Canada ....................... Japan .......................... Europe (G4):............. F ra n c e ..................... Germany1................ Italy........................ United K in g d o m ...... -1.2 -1.2 -3.5 -3.7 -3.8 -4.2 -4.3 -2.4 Goodsproducing industries Serviceproducing industries 2.5 3.1 2.1 1.7 2.1 1.5 1.7 1.4 0.8 1.4 1.2 -.6 -.6 -.7 .0 -1.2 1 Employment adjusted to Germany (unified) throughout the period. N ote : Agriculture encompasses forestry, hunting, and fishing. Goodsproducing industries are mining, manufacturing, and construction. Serviceproducing industries are transportation, communication, public utilities, trade, finance, public administration, private household services, and miscellaneous services. Youth unemployment analysis. In 1981, Sorrentino prepared an analysis of youth unemployment that was international in scope and that covered the period 1960 to 1979.16 The study looked at factors that helped to explain the international disparities in youth unemployment. Among the characteristics Sorrentino found to be associated with low youth unem ployment in countries such as Germany and Japan were a declining trend in the youth labor force, little labor force activity by students, the widespread use of apprenticeship training, and relatively more emphasis on setting out on one’s career path at an early age. For those countries with relatively high youth unemployment during the period—particularly the United States and Canada—certain common factors also were singled out: rapid increases in the youth labor force, a sizable student labor force, and an emphasis on general education and extended schooling, rather than on the structuring of the early work years Table 8. Annual average rate of change in employment by sector in G7 countries, 1960-2000 S ource : C o m p a r a t iv e C iv ilia n L a b o r F o r c e S ta tistics, Ten C o u n tr ie s , (Bureau of Labor Statistics, Mar. 25, 2002); on the Internet at http://www.bls.gov/fls/home.htm. 1 9 5 9 -2 0 0 1 by such devices as apprenticeship. The study noted that the comparative picture for youths was changing by the end of the period analyzed. Analysis o f participation rates. Overall trends in labor force participation rates are sim ilar to trends shown by the employment-to-population ratios discussed in this article. After all, the two indicators are quite close in definition: the participation rate is the labor force (employed plus unemployed) as a percentage of the working-age population; the employment Indicators of part-time and full-time employment in G7 countries, selected periods, 1983-2000 [in percent] Annual rates of change Part time employment as a percent of total employment United S ta te s ........................... Canada .................................... Japan1 ...................................... Europe (G 4 ):............................ F r a n c e .................................. Germany2 .............................. I t a ly ...................................... United K in gd o m .................... Part time Full time Country 1983 1990 2000 1983-90 1991-2000 1983-90 1991-2000 15.4 16.8 16.1 12.3 9.7 13.4 7.8 18.4 13.8 17.0 19.2 13.6 12.2 13.4 8.8 20.1 12.8 18.1 23.1 16.8 14.2 17.6 12.2 23.0 2.8 2.4 .7 .7 -.9 1.6 .2 1.8 1.9 1.6 -.5 -.2 .5 -1.0 -.5 .1 0.9 2.6 3.9 2.5 2.8 1.7 2.0 3.4 0.4 1.6 1.6 3.0 2.6 4.3 3.6 1.6 1 Jap an’s data are not comparable to those for the other countries. (See text.) 2 Former W est Germany in 1983 and 1990 and Germany (unified) in 1991 and 2000. for persons declaring usual hours worked. Except for the United States, the data relate to total employment. For the United States, the data relate to wage and salary employment only. Part-time employment is defined as employment of persons usually working 30 or fewer hours per week in their main job. Data are only Econom ic Cooperation and Development, 2001). N ote : https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis S ource : L a b o r F o r c e S ta tis tic s, 1 9 8 0 - 2 0 0 0 M onthly Labor Review (Paris, Organization for June 2002 29 Labo r M arket P e rfo rm a n ce Chart 7. Ratio of full-time to part-time employment in United States, Canada, and Europe (G4), 1983-2000 Ratio Ratio N ote : Trend line for Europe (G4) includes data for the former West Germany through 1990; thereafter, the data refer to Germany (unified). S ource : Labor Force Statistics, 1980-2000 (Paris, Organization for Economic Cooperation and Development, 2001). ratio is employment as a percentage of the working-age population. A 1983 Review article by Sorrentino analyzed international trends in labor force participation over the period from 1960 to 1981.17During that period, many of the comparative trends and relationships discussed herein, such as the wide differences in levels and trends of youths’ and women’s employment-topopulation ratios, had already been established. The study found that the large international differences in youth activity rates reflected variations in the propensity of youths to continue in school or enter the labor market, or to combine school with work, as in the United States. The declining trend in men’s participation and employment ratios was already evident in Sorrentino’s 1983 study and was said to be largely attributable to the extension of years of schooling and earlier retirement. Changes in the age structure of the population also had some effect. These forces influenced women’s activity rates as well, but in some countries— particularly the United States—they were outweighed by changing social attitudes toward the role of women, causing many to look outside the home to find market-based work. A greater availability of part-time jobs and the rise of the service sector also were factors. Cross-country differences in women’s participation rates were explained partly by differences in the rate o f change in the industrial structure of the various economies. The relative size and rate of increase of the service30 M o nthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ju n e 2002 producing sector, a larger source of jobs for women than the goods-producing sector, played a role in the international differences. Mobility o f the workforce. In another 1983 Review article, former BLS Commissioner Janet L. Norwood discussed labor market contrasts between the United States and Europe.18 Norwood noted that there was one area in particular in which Europe and the United States diverged sharply: the nature of their labor market dynamics. In the United States, most people have relatively short spells o f unemployment, interspersed with periods o f employment and o f (often voluntary) separation from the labor force. By contrast, Europeans have much lower levels of labor market flows. These differences in labor market dynamics show up best in comparative data on the duration of unemployment and on job growth. Norwood observed that U.S. workers tended to move into and out of employment and unemployment frequently, whereas European joblessness tended to reflect a much larger group of long-term unemployed. She went on to explain the difference in this way: Certainly, differences in history and cultural attitudes play an important role in mobility patterns. European workers seem much more reluctant to Table 9. Unemployment rates in the European Union and selected member countries, civilian labor force basis,1 1990-2000 Year European Union2 1 9 9 0 .......... 1991 .......... 1 9 9 2 .......... 1993 .......... 1994 .......... 1 9 9 5 .......... 8.1 8.2 9.2 10.7 11.1 10.7 1 9 9 6 .......... 1 9 9 7 .......... 1998 .......... 1999 .......... 2 0 0 0 .......... Average, 1990-2000.. Nether lands Portugal Spain Sweden Belgium Denmark Finland Greece3 Ireland 3.9 3.8 3.9 6.7 6.6 7.2 8.8 10.0 9.9 7.7 8.4 9.2 10.2 8.2 7.2 3.2 6.6 11.7 16.4 16.6 15.4 6.4 7.0 7.9 8.6 8.9 9.2 13.4 14.7 15.4 15.6 14.3 12.3 6.2 5.8 5.6 6.6 7.1 6.9 4.8 4.2 4.3 5.7 6.9 7.3 16.2 16.4 18.4 22.7 24.1 22.9 1.8 3.1 5.6 9.3 9.6 9.1 10.8 10.6 9.8 9.0 8.1 4.4 4.4 4.5 4.0 3.7 9.7 9.4 9.3 8.6 6.9 6.8 5.6 4.9 4.8 4.4 14.6 12.6 11.4 10.2 9.7 9.6 9.8 10.9 11.6 11.1 11.7 9.9 7.5 5.6 4.2 6.3 5.2 3.8 3.2 2.8 7.3 6.8 5.2 4.5 4.1 22.2 20.8 18.6 15.8 14.0 9.9 10.1 8.4 7.1 5.8 9.7 4.1 8.5 7.0 11.7 9.2 11.3 5.4 5.6 19.3 7.3 Austria _ _ 1 Excludes conscripts, but includes career military in private households. 2 Average for 15 countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom. For 1990, the figure excludes Austria, Finland, and Sweden; for 1991 and 1992, the figures exclude Austria. These three countries joined the European Union in January 1995. Data for four countries covered in the bus international comparisons program— France, G erm any (former W est G erm any prior to 1991), Italy, and the United Kingdom— are not shown here. The b ls adjusted rates are about the same as the European Union estimates. The European Union unemployment rates change jobs voluntarily than their American counterparts. There is also less of a tendency to change residence in search of jobs. In the United States, mobility is considered desirable, even though the search for a better job may entail some short-term unemployment. Americans are still experiencing sharp shifts in regional economic development and opportunity. In addition, young Americans tend to do more job changing before settling into more permanent careers than European youth do.19 Broader measures o f underutilization. In 1993 and 1995, Sorrentino published studies broadening the international analysis o f unemployment to cover seven measures of underutilization known then as U -l through U-7.20Both studies found that Japan and Sweden, the countries almost always having the lowest unemployment rates as conventionally measured, experienced by far the largest increases when the definition was expanded to include persons working part time for economic reasons and discouraged workers. In times of recession and recovery alike, the Japanese unemployment rate https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis since 1991 include rates for Germany (unified); the 1990 figure includes the rate for the former W est Germany. 3 Data refer to the spring of each year. N ote : Dash indicates data not available. Statistical Office of the European Com m unities (Eurostat) and the Bureau of Labor Statistics (for Sweden only), May 3, 2002. This table (excluding data for Sweden) is updated on a monthly basis by the Bureau of Labor Statistics and is made available on the Internet at: http:// www.bts.gov/fls/home.htm. S ource : consistently tripled when these additional measures were incorporated.21 The 1995 study explained that understanding the effect of Sweden’s pioneering programs for retraining and employing the unemployed is important in gaining an appreciation of that country’s labor market situation. Sweden’s very low un employment rates during 1960-90 were partly explained by a large expansion of those programs during recessions, shielding many persons from unemployment. However, the programs were unable to keep Swedish unemployment from rising to unprecedented levels in the 1990s. If persons in labor market programs were added to the already high number of jobless individuals in 1993, Sweden’s conventional unemployment rate of 9.3 percent would have risen to 14 percent. In addition to the foregoing BLS studies, non-BLS aca demicians, research institutes, and international organizations have published numerous analyses of international differences in labor markets. The material that follows presents but a small sampling of this literature, beginning with some of the research conducted by two international organizations: the OECD and the International Labor Office (ilo). A few of the major studies in the area of “labor market flexibility” are then discussed, and the Monthly Labor Review June 2002 31 Labo r M arket P e rfo rm a n ce section ends with references to several bilateral studies. Many of the publications or studies described contain citations to the larger body of work in each subject area. O E C D Employment Outlook. Since 1983, the OECD has published annual assessments of comparative labor market developments and prospects in its Employment Outlook series.22 Each edition takes up special topics that enrich the reader’s understanding of comparative trends and draws on a larger published literature, citations to which can be found within. For instance, chapter 2 of the 1999 edition explored the relationship between employment protection legislation and labor market performance, and chapter 4 of the 1996 edition analyzed youth and the labor market over the 1980s and 1990s. Analysis o f the smaller European countries. In 2000, Peter Auer of the ILO presented a report entitled Employment Revival in Europe23that investigated the labor market success of Austria, Denmark, Ireland, and the Netherlands in the 1990s. The study argues that the relative labor market success o f these four countries during that time, compared with the G4 European countries, was attributable to three policy areas: social dialogue, macroeconomic policy, and labor market policy. According to Auer, social dialogue created a climate of confidence among employers, unions, and the Government that led to wage m oderation and to reform s in social p ro tectio n system s. Wage m oderation was part o f a stabilization-oriented macroeconomic policy that led to low inflation and low interest rates. Labor market policy, and social protection in general, created the necessary environm ent for labor m arket adjustm ent, providing income support, training, job creation, and, sometimes, early retirement for the unemployed. Global youth unemployment. Another ILO study, by Niall O’Higgins, published in 2001, investigated youth unemployment all over the world from a policy perspective.24 One aspect examined was why some countries (such as Germany) have been notably more successful than others in maintaining low levels of youth unemployment. The role of education and training systems, including apprenticeship, was found to be important in facilitating the transition from school to work. Labor marketflexibility studies. A key concept that emerged in the debate over U.S.-European labor market differences over at least the past 20 years is “labor market flexibility.” This concept means different things to different analysts. In general, it refers to (1) the greater responsiveness of wages and employment to shifts in demand and supply and (2) the lesser amount of regulation and institutional rigidity. The conventional wisdom was that Europe’s high unemployment and lack of job growth were attributable to its inflexible and regulated job markets; by 32 M onthly Labor R eview https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ju n e 2002 contrast, the success of the U.S. job market was seen as a product of its flexible nature.25 The evidence from research studies has not converged to support a general proposition that all inflexibilities matter, but some “rigidities” have been identified as having a negative impact on a country’s employment and unemployment performance. The literature on labor market flexibility has evolved into a rather large body of work. In his 1994 Review article, Brodsky traced the historical evolution of the “labor market flexibility” concept in the context of changing economic conditions.26Three other studies not only review and evaluate much of the existing literature, but also exemplify different perspectives on the flexibility issue: editor Rebecca M. Blank’s work uses the approach of comparing only two or three countries at a time (a bilateral and a trilateral study, respectively) in terms of specific types of social protection mechanisms, Stephen Nickell investigates a wider range of countries and variables, and Robert Bednarzik both covers a wide range of countries and adds variables relating to product and capital markets. Blank’s 1994 volume of mainly bi- and trilateral academic studies provided evaluations of the impact of a broad set of social protection m echanisms— not ju st labor market policies—on labor market flexibility.27 In most cases, the studies rejected the existence o f a substantial tradeoff between various social protection mechanisms (such as employment protection laws, health insurance, and child care policies) and labor market flexibility. In a 1997 article, Nickell analyzed the impact of various measures of labor market flexibility on unemployment in 20 OECD countries during two periods: 1983-88 and 1989-94.28 He found that some “so-called rigidities” were associated with high unemployment, and some were not. Rigidities that were associated with high unemployment included a generous and lengthy duration of unemployment benefits, combined with little or no offsetting pressure on the unemployed to obtain work, and high overall taxes on labor. In contrast, strict employment protection legislation and generous levels of unemployment benefits accompanied by pressure on the unemployed to take jobs (for example, a fixed duration of benefits) were not associated with high unemployment. In a 2001 study for a Joint U.S.-European Union Seminar, Bednarzik expanded upon N ickell’s model by adding variables for the flexibility of product and capital markets during the 1995-99 period in an examination of 24 OECD countries.29 In Bednarzik’s model, capital market flexibility (easier and greater access to capital) emerged as an important factor in explaining divergent unemployment and job growth patterns in different countries. Japan- U. S. comparison. In the April 2002 issue of the Review, Japanese economist Toshihiko Yamagami updated and expanded upon U.S.-Japan comparisons, one aspect of the BLS analysis of U -l through U-7 described earlier.30Using the new b l s indicator framework known as U -l through U-6, introduced in 1995, Yamagami focused on U-3 through U-6, the expanded indicators. He covered the period from 1994 to 2000 and showed that poor Japanese economic performance, coupled with the strongly positive U.S. performance, served to change the positions of the two countries relative to both unemployment and broader underutilization rates. In a concluding section, Yamagami presented his views on the deterioration of Japan’s labor market in the 1990s and the viability of Japan’s well-known long-term employment system. Canada-U.S. comparisons. Statistics Canada has noted that prior to 1981 the Canadian unemployment rate was, on average, roughly the same as the U.S. rate. A sustained gap began to open early in the 1980s, and the Canadian rate averaged 2 percentage points higher than the U.S. rate throughout the decade. In the 1990s, the gap widened further, rising to about 4 percentage points. Statistics Canada concluded, “While many explanations have been developed for the unemployment gap, a definitive explanation has yet to emerge.”31 A set of studies available from the Canadian Centre for the Study of Living Standards32 investigated Canada’s labor market developments in the 1990s, focusing on structural aspects of unemployment. Several of the studies looked for lessons for Canada from the international experience. The major conclusion of one of the international studies was as follows: [Tjhere is no magic institutional bullet for un employment reduction. Different countries have achieved low unemployment using different institutional arrangements. As Stanford points out, both countries with unregulated (the United States) and regulated labor markets (the Netherlands) can achieve low unemployment, although favorable demand conditions are needed. In the United States, job insecurity in a deregulated labor market has allowed the Federal Reserve Board to pursue expansionaiy monetary policy without inflation. In the Netherlands, unionemployer wage policies permitted expansionary macroeconomic policies without excessive wage increases.33 Marilyn E. Manser and Garnett Picot, in a 1999 study published in the Review, compared the growth of self-employment in the United States with that in Canada.34 The study found that selfemployment accounted for the majority of net employment growth that took place in Canada in the 1990s, whereas it accounted for effectively none of the net growth in the United States over the same period. (U.S. job growth was concentrated in wage and salary jobs.) During the 1980s, the role of selfemployment had been fairly similar in the two countries.35 THE s t u d ie s d is c u s s e d in t h is ARTICLE, written at varying times over the past 40 years, propose numerous explanations for cross-country differences in labor market outcomes. Clearly, the outcomes during any period are influenced by a complex variety of factors, including changing demographic trends, institutional arrangements, and government policies, not only those targeted directly at the labor market, but also fiscal and monetary policies that affect the demand for labor. Other forces outside the labor market, such as those associated with product and capital markets, also affect the labor market. Furthermore, unemployment by itself may not provide a complete picture of cross-country labor underutilization in situations where workers are more likely either to work shorter hours rather than be laid off or to escape the labor market altogether because they become discouraged. A comprehensive explanation that fits all countries and all periods has, so far, eluded researchers. Perhaps the most fruitful approach is one of bilateral comparisons, such as the studies cited comparing the United States and Japan or the United States and Canada. □ Notes A c k n o w l e d g m e n t : Bruce Kim and Gary Martin of the Division of Foreign Labor Statistics assisted the authors in preparing the data and the charts for this article. 1 For the full b l s report, see Measuring Employment and Un employment, Report o f the President 's Committee to Appraise Em ploym ent and Unemployment Statistics (Washington, d c , U.S. Government Printing Office, September 1962). For articles summarizing the b l s findings, see Robert J. Myers and John H. Chandler, “International Comparisons of Unemployment,” Monthly Labor Review, August 1962, pp. 857-64; and “Toward Explaining International Unemployment Rates,” Monthly Labor Review, September 1962, pp. 969-74. 1 The Group of Seven (G7) was launched in 1975 at a summit of the heads of State of six countries (the United States, France, Germany, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Italy, Japan, and the United Kingdom). Canada was included in 1976. Representatives of the G7 countries meet annually to discuss the principal political and economic issues of the day. Because Russia has taken part in the annual economic discussions since 1997, the group is now often referred to as the G8. 3 Canada’s mixed performance can be explained by the fact that its labor force (the sum of employment and unemployment) growth has been very rapid, outpacing the country’s employment growth and leading to proportionally more unemployment than employment. This has kept unemployment rates high, even in the face of relatively strong employment performance. 4 Then, for convenience, each G7 member— Europe, the United States, Canada, and Japan—is called a group in this article, even though the last three are actually single countries. M onthly Labor Review June 2002 33 Labo r M arket P erfo rm a n ce 5 Aaron E. Cobet and Gregory A. Wilson, “Comparing 50 years of labor productivity in U.S. and foreign manufacturing,” this issue, pp. 51-65. In 1973, cyclical peaks in real gross domestic product (gdp) occurred in the United States, Japan, and the United Kingdom. France, Germany, and Italy attained peaks the following year. Canada was the only G7 country that had rising real gdp throughout the 1970s. Six of the seven countries reached peaks in real output between 1990 and 1992. Japan was the only country covered to have uninterrupted real gdp growth in the 1990s through 1997. The year 2000 saw realoutput growth in all seven countries. 6 For a detailed analysis of comparative unemployment and employment trends in the 1960-77 period, see Constance Sorrentino, International Comparisons o f Unemployment, Bulletin 1979 (Bureau of Labor Statistics, August 1978), chapter 2. 7 For a discussion of cyclical flows of “guest workers,” see Sorrentino, International Comparisons o f Unemployment, pp. 51-52. 8 For example, see Alan B. Krueger and Jorn-Steffan Pishke, “Observations and Conjectures on the U.S. Employment Miracle,” Working Paper No. 390 (National Bureau of Economic Research, August 1997). 9 The b l s database contains a series on unemployment rates by age, but it has not been maintained on a lengthy historical basis. The o e c d series used in the table is judged to be comparable across countries and corresponds quite closely to the b l s figures for 1997-2000. 10 Proportional distributions of employment by economic sector can be found in table 7 of Comparative Civilian Labor Force Statistics, Ten Countries, 1959-2001 (Bureau of Labor Statistics, Mar. 25, 2002); on the Internet at http://www.bIs.gov/fls/home.htm, 11 A table similar to table 9, covering the non-G4 European Union countries, is updated each month by the Bureau. The table is on the Internet at http://www.bls.gov/fls/home.htm. 12 See Comparative Civilian Labor Force Statistics, table 2. 13 See note 1. 14 Sorrentino, International Comparisons o f Unemployment, chapter 5. 15 Constance Sorrentino, “Comparing employment shifts in 10 industrialized countries,” Monthly Labor Review, October 1971, pp. 3-11; and Todd Godbout, “Employment change and sectoral dis tribution in 10 countries, 1970-90,” Monthly Labor Review, October 1993, pp. 3-20. 16 Constance Sorrentino, Youth Unemployment: An International Perspective, Bulletin 2098 (Bureau of Labor Statistics, September 1981). See also Constance Sorrentino, “Youth unemployment: an in ternational perspective,” Monthly Labor Review, July 1981, pp. 3-15, for a summary of the material in the bulletin. 17 Constance Sorrentino, “International comparisons of labor force participation, 1960-81,” Monthly Labor Review, February 1983, pp. 25-36. 18 Janet L. Norwood, “Labor market contrasts: United States and Europe,” Monthly Labor Review, August 1983, pp. 3-7. 19 Ibid., p. 7. 20 Constance Sorrentino, “International comparisons o f unem ployment indicators, “Monthly Labor Review, March 1993, pp. 3 24; and “International unemployment indicators, 1983-93, Monthly Labor Review, August 1995, pp. 31-50. The two articles are on the 34 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ju n e 2002 Internet at http://www.bls.gov/opub/mlr/1993/03/artlfull.pdf and http://www.bls.gov/opub/mlr/1995/08/art4full.pdf, respectively. 21 For an earlier bls analysis, see Constance Sorrentino, “Japan’s low unemployment: an indepth analysis,” Monthly Labor Review, March 1984, pp. 18-27. 22 For further information and an index of each edition of Em ployment Outlook, visit the Internet site http://www.oecd.org/EN/ d o c u m e n ts/0 ,,E N -d o c u m e n ts-7 2 8 -n o d ir e c to r a te -n o -ll-n o 5 ,0 0 .html. 23 Peter Auer, Employment Revival in Europe (Geneva, International Labor Office, 2000). 24 Niall O’Higgins, Youth Unemployment and Employment Policy: A Global Perspective (Geneva, International Labor Office, 2001). 25 See, for instance, Melvin M. Brodsky, “Labor market flexibility: a changing international perspective,” M onthly Labor Review, November 1994, pp. 53-60, especially p. 54; and Stephen Nickell, “Unemployment and Labor Market Rigidities: Europe versus North America,” Journal o f Economic Perspectives, summer 1997, pp. 5574, especially p. 55. 26 Brodsky, “Labor market flexibility.” 27 Rececca M. Blank, ed., Social Protection versus Economic Flexibility: Is There a Tradeoff! National Bureau o f Economic Research Comparative Labor Market Series (Chicago, University of Chicago Press, 1994). 28 Nickell, “Unemployment and Labor Market Rigidities.” 29 Robert Bednarzik, “The Importance of ‘Flexible’ Markets in Explaining U.S. and European Job Growth and Unemployment Differentials,” in Labor Market Flexibility: Proceedings o f a Joint U.S. and European Union Seminar (U.S. Departm ent o f Labor, Bureau of International Labor Affairs, September 2001). Free copies are available from Robert Bednarzik by calling 202-693-4867 or emailing Bednarzik-Robert@dol.gov or by writing to the Bureau of International Labor Affairs, Room S—5317, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, DC, 20210. 30 Toshihiko Yamagami, “Underutilization of labor resources in Japan and the United States,” Monthly Labor Review, April 2002, pp. 25-43; on the Internet at http://www.bls.gov/opub/mlr/2002/04/art3full.pdf, 31 Statistics Canada, “Canada-US Labour Market Comparison,” in Labour Force Update, Autumn 1998, p. 3. 32 On the Internet at http://w w w .csls.ca. Click on “Special Issue on Structural Unemployment.” cpp 33 Andrew Sharpe and Timothy C. Sargent, “Structural Aspects of Unemployment in Canada: Introduction and Overview,” Canadian Public Policy, vol. xxvi, special supplement 1, 2000, p. S4. The study is based on Jim Stanford, “Canadian Labour Market Developments in International Context: Flexibility, Regulation and Demand,” Canadian Public Policy, vol. xxvi, special supplement 1, 2000, pp. S27-S58. (See preceding note for Internet site at which both studies can be found.) 34 Marilyn E. M anser and G arnett Picot, “The role o f selfemployment in U.S. and Canadian job growth,” Monthly Labor Review, April 1999, pp. 10-25. 35 The authors cited the following two additional U.S.-Canada comparative studies of net and gross job creation, job security, and job stability over the past two decades: Marilyn E. Manser and Garnett Picot, “Job Creation in Canada and the United States: What Do We Know and Where Are the Data Gaps?” and Garnett Picot and Marilyn E. Manser, “Job Stability in Canada and the United States: What We Know and the Data Gaps,” both papers presented at the Voorburg Meetings on Service Sector Statistics, Copenhagen, Denmark, September 1997. Where are you publishing your research? The Monthly Labor Review will consider for publication studies of the labor force, labor-management relations, business conditions, industry productivity, compensation, occupational safety and health, demographic trends, and other economic developments. Papers should be factual and analytical, not polemical in tone. We prefer (but do not require) submission in the form of an electronic file in Microsoft Word, either on a diskette or as an attachment to e-mail. Please use separate files for the text of the article; the tables; and charts. We also accept hard copies of manuscripts. Potential articles should be mailed to: Editor-in-Chief, Monthly Labor Review, Bureau of Labor Statistics, Washington, DC 20212, or by e-mail to mlr@bls.gov https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review June 2002 35 Manufacturing Labor Costs International comparisons A perspective on U.S. and foreign compensation costs in manufacturing Despite the appreciation o f the dollar, U.S. hourly compensation costs have grown more slowly than costs in foreign countries over the 1975-2000 period Chris Sparks, Theo Bikoi, and Lisa Moglia Chris Sparks is a supervisory economist, an d Theo Bikoi and Lisa M oglia are economists in the Division of Foreign Labor Statistics, Bureau of Labor Statistics. Email: Sparks_C@bls.gov Bikoi_T@bls.gov Moglia_L@bls.gov 36 n 2000, for the first time since 1989, average hourly compensation costs for manufactur ing production workers in the United States rose above hourly compensation costs in Eu rope in U.S. dollar terms. U.S. hourly compensa tion costs remained well above cost levels in Canada, Mexico, and a group of four newly in dustrializing economies (n ie s ) in Asia—Hong Kong, Korea (the Republic of Korea), Singapore, and Taiwan. Costs in Japan, however, were 11 percent higher than costs in the United States in 2000. (See chart 1.) With declining barriers to world trade and the increasing importance of trade in many countries, business and labor leaders, and other analysts are concerned with the competitiveness of their countries’ exports. Labor costs are a major factor influencing the costs of goods produced by a country relative to those of its trading partners, and consequently its international competitive ness.1 Reflecting the importance of these labor costs, the European Commission and European Council, for example, have called on member states for moderation in both wage and nonwage labor costs.2 Eurostat, the statistical office of the European Union, notes that “labour costs considerably influence the choices of political, economic and social decisionmakers, as they ac count for some two-thirds of the production costs of goods and services. Moreover, knowl edge of labour cost levels is an essential tool in the strategic planning of investment, production, I M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 employment policy or wage levels in collective bargaining.”3 Over the past quarter-century, hourly com pensation costs in the United States have tripled, and costs in competitor economies have risen nearly four-fold in U.S. dollar terms. These costs reflect both comparative changes in costs in terms of national currencies and exchange rate changes. Major changes in the relative position of countries’ hourly compensation costs over this 25-year span are evident in the examination of three periods, illustrated in chart 1. From 1975 to 1985, hourly compensation costs for a tradeweighted average of 28 foreign economies grew at a slower rate than in the United States. This was particularly true in the first half of the 1980s, a period that saw strengthening o f the U.S. dol lar and a widening gap between foreign and U.S. costs. Between 1985 and 1995, however, foreign costs grew at a much faster rate than U.S. costs, with competitor costs nearly reaching U.S. lev els in 1995, and costs in Europe and Japan sur passing those in the United States. From 1995 to 2000, costs in the foreign economies fell on a U.S. dollar basis, while U.S. costs continued to rise, with the result that competitor costs are now only three-quarters o f the U.S. level, and Euro pean costs have fallen below the United States once again. The latter two periods coincide with the weakening of the dollar beginning in 1985 as a result of the “Plaza Accord,” and the strength ening of the dollar beginning in 1995.4 These exchange rate changes have an important effect on the BLS hourly compensation costs series because they are used to convert foreign costs into U.S. dollars. This article examines hourly compensation costs and the component parts of compensation in 2000, as well as histori cal trends over the past 25 years for the United States and several foreign economies, with particular focus on the wid ening gap between the U.S. and foreign costs in 1975—85, the faster growth of foreign costs in 1985-95, and the slowdown in foreign growth in 1995-2000.5 The article also analyzes some of the underlying factors that drive changes in relative hourly compensation costs, including compensation costs on a national currency basis, the component parts of com pensation, and exchange rates. Exchange rates are used to convert national currency levels of compensation into com pensation on a U.S. dollar basis, and changes in these under lying factors are reflected in changes in hourly compensa tion on a U.S. dollar basis. Exchange rate movements are often volatile, and compensation costs on a U.S. dollar basis can be dramatically affected by them over short periods of time. Over the 25-year period studied, however, it was differ ences in the rates o f compensation growth on a national cur rency basis that had the larger effect on the U.S. competitive position in many countries. Hourly compensation costs are discussed for six countries or groups: the United States, Canada, Mexico, Japan, Europe, and the Asian n ie s . Canada, Mexico, and Japan are the coun tries with the largest shares in U.S. trade. For ease of presen https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis tation, Europe is discussed as a region.6 The Asian n ie s are comprised of Hong Kong, Korea, Singapore, and Taiwan. The BLS publishes comparative hourly compensation costs for production workers in manufacturing for the United States and 28 foreign economies.7 Hourly compensation costs differ significantly from the more readily available aver age hourly earnings statistics published in many countries. Hourly compensation costs consist of pay for time worked; pay for time not worked (such as vacation and holiday pay); seasonal and irregular bonuses; pay in kind; employer ex penditures for legally required social insurance programs and contractual and private benefit plans; and other taxes on pay rolls or employment.8 Average earnings do not include all items of labor compensation; they are typically limited to pay for time worked and the omitted items frequently represent a large proportion of total compensation. Moreover, the por tion of compensation not included in hourly earnings statis tics varies widely among countries. In some countries, the proportion of the omitted items of compensation may make up as little as 20 percent of total compensation costs, while in others nearly 50 percent of compensation may consist of the omitted items. The broader measure of compensation ana lyzed here therefore permits more meaningful cost compari sons across countries.9 Compensation costs in U.S. dollars, 2000 Hourly compensation costs in the United States reached nearly $20 in 2000, about $2 less than the hourly cost (when adjusted M onthly Labor R eview Ju n e 2002 37 M anufacturing Labor Costs to U.S. dollars) in Japan but a little more than a dollar higher than the trade-weighted average for Europe, and almost $4 higher than in Canada. Hourly compensation costs in the four newly industrializing Asian economies were below $7. Mexican hourly compensation costs in U.S. dollars were well below those of any economy studied. (See table 1.) These levels of compensation costs can be broken down into three basic components: pay for time worked, other direct pay, and social insurance expenditures—contributing to an understanding of the sources of differences in levels of hourly compensation costs. Pay fo r time worked includes basic time and piece rates, plus overtime premiums, shift differentials, other premiums and bonuses paid regularly each pay period, and cost-of-living adjustments. Other direct pay includes paid leave (vacations, holidays, and other paid leave, except sick leave), seasonal or irregular bonuses and other special payments, selected social allow ances, and the cost of payments in kind. Social insurance expenditures include employer expendi tures for legally required insurance programs and contrac tual and private benefit plans (retirement and disability pen sions, health insurance, income guarantee insurance and sick leave, life and accident insurance, occupational injury and illness compensation, unemployment insurance, and family allowances). In this article, we refer to the combination of other direct pay and social insurance as additional compensation. Analysis of compensation structure after all adjustments (that is, the per centage of compensation cost comprised of pay for time worked, other direct pay, and social insurance) provides insight into the composition of employer costs and yields information about which items are most responsible for differences in to tal compensation cost levels and trends among countries. In 2000, compensation costs in Japan were higher than in the United States, but pay for time worked in Japan was about 90 percent of what U.S. employers paid for time worked. (See chart 2.) In Europe, hourly compensation costs were 93 per cent of the U.S. level and well above the Canadian level (table 1), but pay for time worked in Europe was just 77 percent of the U.S. level and less than pay for time worked in Canada.10 These situations are possible because the share of addi tional compensation (other direct pay and social insurance) is higher in Japan and Europe than in the United States. In Japan, other direct pay was equal to 26 percent of total com pensation in 2000, a much higher percentage than in the United States, where other direct pay was only 7 percent of total compensation. (See chart 3.) As a result, when bonuses and leave time (vacation and holiday pay) are included, direct pay (pay for time worked plus other direct pay) in Japan is higher than in the United States. Within the b l s estimates of hourly compensation costs, bonuses are an especially large part of Japanese costs, equaling 15 percent of hourly compensation costs, while in the United States bonuses are less than 1 per cent of hourly compensation costs. Other direct pay was also substantially more important in Europe than in the United States, comprising 17 percent of total compensation in 2000.11 According to BLS estimates of components o f other direct pay, bonuses in most of Europe were not as large as in Japan, but they were still considerably higher than in the United States, typically about 5-10 percent of total compensation. Another important component of other direct pay, pay for time not worked, was higher in most Euro pean countries than in the United States, averaging between 9-12 percent of total compensation in most European coun tries, compared with about 6 percent in the United States. The other major category of compensation costs is social insurance. Social insurance made up a higher percentage of costs in Europe than in the United States, Japan, and Canada in 2000. (See chart 3.) The importance of social insurance among European countries varies considerably. Social in surance cost shares in some countries, such as Belgium, France, Italy, and Sweden were near or above 30 percent. In other European countries, however, including Denmark, Ire land, and the United Kingdom, social insurance cost shares were much lower than in the United States. In the Asian Hourly compensation cos Is in U.S. dollars for production workers in manufacturing, selected years 1975-2000 [United States = 100] Country or area 1975 United S ta te s ................................................ (cost in U.S. d ollars)................................... Canada................................................. M e x ic o ................................................. Japan ............................................................ E u ro p e ...................................................... Asian n ie s ........................................................... All 28 com petitors......................................... 100 ($6.36) 94 23 47 80 8 60 38 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 1980 100 ($9.87) 88 22 56 100 12 67 1985 1990 1995 2000 100 ($13.01) 84 12 49 61 13 52 100 ($14.91) 107 11 86 116 25 83 100 ($17.19) 94 9 139 128 37 95 100 ($19.86) 81 12 111 93 34 76 Chart 2. Hourly pay for time worked in U.S. dollars for production workers in manufacturing, 2000 U.S. dollars U.S. dollars $16 12 $16 - U.S. Canada Japan Europe N ote: Separate data for pay for time worked and other direct pay are not available for Mexico and the Asian NiEs. Chart 3. Importance of other direct pay and social insurance expenditures for production workers in manufacturing, 2000 Other direct pay Social insurance expenditures Percent of total hourly compensation costs Percent of total hourly compensation costs 30 30 United States Canada Mexico Japan Europe Asian NIEs Note: Separate data for pay for time worked and other direct pay are not available for Mexico and the Asian NIEs. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor R eview Ju n e 2002 39 M anufacturing Labor Costs NIES, social insurance cost shares were only 14.5 percent, but they have been rising as a percentage of total compensa tion costs over the last 25 years. Mexico’s share of social insurance costs in hourly compensation was the lowest of the countries compared. The analysis of compensation structure illustrates the im portance of looking at additional compensation costs. Using only pay for time worked data as a means for comparison would result in an inaccurate assessment of differences in employer costs among countries. As noted above, costs for pay for time worked are higher in the United States than in Japan or Europe, but once items of additional compensation are included, total compensation in Japan and several Euro pean countries is significantly higher than the United States. Compensation costs in U.S. dollars, 1975-2000 Growth over three periods. Between 1975 and 2000, hourly compensation costs in the United States rose at an average annual rate of 4.7 percent. This growth was considerably slower than Japan’s rate of 8.3 percent and the 11.1-percent growth rate of the Asian NlEs over the 25-year period. Europe’s growth rate was more moderate but still rose at a rate higher than the United States. Only in Canada and Mexico did rates grow at a slower pace than in the United States. (See table 2.) Compensation costs in the United States grew at about the same rate as in Japan between 1975 and 1985, before slowing considerably for the next 15 years. Only the Asian NIEs exhib ited significantly faster growth in compensation costs than did the United States over the 1975-85 period. During 1985— 95, costs in U.S. dollars in all the foreign economies except Mexico grew at a rate significantly higher than in the United States. Then, in 1995-2000, costs either declined or grew at much slower rates than in the United States, again with Mexico as the exception. The years between 1985 and 2000 contained dramatic ex amples of growth and decline in compensation costs. Growth rates in Europe, Japan, and the Asian NIEs were in the double digits for the 1985-95 period, much higher than the U.S. rate of 2.8 percent. In 1995, however, things changed drastically. |Q2^ e 9 Growth in hourly compensation costs for production workers in manufacturing, U.S. dollars 1975-2000 | [Average annual percent change] Country or area United S ta te s.......... Canada.................... M e x ic o .................... Japan ...................... E u ro p e .................... Asian n ie s .................. All 28 competitors .... 1975-2000 1975-1985 1985-1995 4.7 4.1 2.1 8.3 5.4 11.1 6.2 40 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7.4 6.3 .8 7.8 4.8 12.8 6.5 2.8 3.9 -.5 14.2 10.4 14.8 9.1 June 2002 1995-2000 2.9 .1 10.3 -1.6 -2.8 1.2 .0 Costs in Europe and Japan actually fell during the 1995-2000 period. The Asian n i e s maintained a positive growth rate during these last 5 years, but hourly compensation cost growth slowed to well below that of the United States. As in Europe, Japan, and the Asian n i e s , Canadian cost growth also decelerated sharply after 1995, but it is notewor thy that trends in Canada did not follow the same pattern as these other economies. Canadian costs accelerated quickly in the latter half of the 1980s, but did not grow at all from 1990 onward. The pattern in Mexico was reversed from that of the other foreign economies. Mexican compensation costs grew at the slowest rate during 1975-85, and Mexico was the only economy in which hourly compensation fell between 1985 and 1995. However, Mexican costs grew at the fastest rate by far over the final 5 years of the comparison period. Changes in relative position. The differences in growth rates of the United States and foreign economies result in changes in the relative position of a country’s hourly compensation costs in U.S. dollars over time. Chart 4 shows the position of each foreign economy over time relative to the United States. The U.S. level is set to 100 in all years, and each foreign economy’s level is expressed as a percentage of the U.S. level in any given year. Among the foreign economies, Canadian costs, at 94 per cent of the U.S. level, were closest to the United States in 1975. Japanese costs were slightly less than half of U.S. costs, while Mexican costs were about a quarter of the United States. Costs in the Asian n i e s were only 8 percent of the U.S. level, averaging a mere 52 cents per hour. By 1985, U.S. hourly compensation costs per hour had risen to $13.01, the highest compensation costs of all coun tries studied. Canada was still the country closest to the United States, but relative costs were now only 84 percent of the U.S. level. After rising to the same level as the United States in 1980, European costs declined 5 consecutive years relative to the United States, and Japanese costs remained at about one-half the U.S. level. Relative to the United States, Mexican costs were sharply lower, and costs in the Asian NlEs higher, with the result that costs in both these competi tors were about 12 percent ofthe U.S. level in 1985. The years between 1985 and 1995 illustrate dramatic changes in hourly compensation costs for the U.S. competi tors. After rising above U.S. costs for the first time in 1992, Japanese costs peaked in 1995, 39 percent higher than the United States. Similarly, costs in Europe increased to a level in 1995 a little below Japan but significantly higher than the United States. With costs rising even faster than in Japan or Europe, the Asian NlEs continued to close the gap with the United States between 1985 and 1995. After several years in the early 1990s Chart 4. Index of hourly compensation costs in U.S. dollars for production workers in manufacturing, Index 1975-2000 Index U.S. = 100 when costs were higher in Canada than in the United States, Canadian costs were once again lower than the United States by 1995. Mexican costs had been steadily increasing relative to the United States since 1986, but in 1995 Mexican costs were back down to 9 percent of the U.S. level. Costs in Europe relative to the United States declined ev ery year during the 1995-2000 period, and by 2000 were below the U.S. level. Japanese costs, which had been about $7 higher than the United States in 1995, fell 3 consecutive years to a level below the United States in 1998. Following rapid growth in costs in 1999 and 2000, however, Japan once again became the economy with the highest compensation costs. Costs in the Asian NlEs dropped 12.6 percent in 1998, and these countries still had a lower cost level relative to the United States in 2000 than in 1995. Although costs in Mexico rose from 1995 to 2000, Mexico continued to have very low costs in 2000, only about one-third the level of the Asian NlEs, the competitor with the next lowest costs. Canadian costs remained essentially flat after 1995, and, with U.S. costs continuing to rise, were only 81 percent of the U.S. level in 2000. Compensation in national currency and exchange rates Changes over time in compensation costs denominated in U.S. dollars reflect the underlying national wage and benefit https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis U.S. = 100 trends measured in national currencies, as well as frequent and sometimes sharp changes in currency exchange rates. Between 1975 and 2000, both of these factors played an im portant part in determining relative trends in compensation costs on a U.S. dollar basis. In this section, trends in both national currency compensation costs and exchange rates are analyzed. Exchange rate changes play a key role in the competitive position of the United States. After that position deteriorated somewhat between 1975 and 1985 due to the strength of the U.S. dollar, a weakening dollar in 1985-95 helped improve the U.S. competitive situation. The revival of a strong U.S. dollar in the last 5 years of the 1990s corresponded with a decline in U.S. competitiveness as reflected in hourly compensation costs denominated in U.S. dollars. While volatile fluctuations in exchange rates often over shadow trends in compensation costs in national currency over short time periods, differences in the compensation cost trends in the United States and foreign countries have a sig nificant impact on competitiveness over longer time periods. Throughout those 25 years between 1975 and 2000, hourly compensation costs denominated in national currencies grew faster in most of the competitors than in the United States, contributing to an improvement in the U.S. competitive stand ing. (See table 3.) Chart 5 illustrates the combination of the growth in hourly compensation costs in national currency and growth in ex- M onthly Labor R eview Ju n e 2002 41 M anufacturing Labor Costs Table 3. Hourly compensation costs in U.S. dollars for production workers in manufacturing, average annual percent changes, 1975-2000 [Average annual percent change] Country or area 1975-2000 1975-1985 1985-1995 1995-2000 U.S U.S. dollar b a s is ........ National c u rre n cy...... Exchange rate........... 4.7 4.7 - 7.4 7.4 - 2.8 2.8 - 2.9 2.9 - Canada U.S. dollar b a s is ........ National cu rre n cy...... Exchange rate1.......... 4.1 5.7 -1.5 6.3 9.5 -2.9 3.9 4.0 -.1 .1 1.7 -1.6 Mexico U.S. dollar b a s is ........ National cu rre n cy ...... Exchange rate1.......... 2.1 33.2 -23.3 .8 36.7 -26.1 -.5 35.2 -27.5 10.3 19.2 -7.5 Japan U.S. dollar b a s is ........ National cu rre n cy...... Exchange rate1.......... 8.3 4.0 4.1 7.8 5.5 2.2 14.2 4.0 9.8 -1.6 1.2 -2.7 Europe U.S. dollar b a s is ........ National c u rre n cy...... Exchange rate1.......... 5.4 6.8 -1 .3 4.8 10.5 -5.1 10.4 5.1 5.0 -2.8 3.1 -5.7 Asian nies U.S. dollar b a s is ........ National c u rre n cy...... Exchange rate1.......... 11.1 11.9 -.7 12.8 15.5 -2.3 14.8 11.8 2.7 1.2 5.5 -4.0 All 28 competitors U.S. dollar b a s is ........ National cu rre n cy...... Exchange rate1.......... 6.2 9.7 -2.6 6.5 13.6 -5.2 9.1 8.6 1.1 .0 4.3 -4.0 Value of foreign currency relative to the U.S. dollar. change rates (the value of the foreign currencies). When both bars have values greater than zero, both the increase in hourly compensation in national currency and the changes in exchange rates are contributing to increase hourly compensa tion costs on a U.S. dollar basis. When the exchange rate bar is negative (for example, Europe in 1975-85), the change in the exchange rate offsets the increase in national currency hourly compensation, indicating that the change in hourly compen sation on a U.S. dollar basis is somewhat less than the in crease on a national currency basis. Measured in national currency, hourly compensation costs grew fastest in the 1975-85 period for the United States and each ofthe foreign economies. Between 1985 and 1995, growth was still strong, but since 1995 growth has slowed consider ably in all the competitors while growing at about the same rate in the United States. As an indication of the slowing of growth on a national currency basis, the slowest rate of growth during the 1975-85 period—5.5 percent in Japan—matched the second fastest growth rate in 1995-2000. While hourly compensation costs in the United States also grew faster during the 1975-85 period than in later periods, they were never as high as the growth rates of costs in na 42 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 tional currency in several foreign economies. Cost growth decelerated faster and earlier in the United States than in the other economies; between 1985 and 1995 costs in all competi tors grew at rates faster than the United States. Between 1995 and 2000, however, U.S. growth rates remained the same while compensation costs on a national currency basis continued to moderate in the competitor countries. As a result, only Mexico and the Asian NlEs had significantly higher growth rates than the United States during this period. The growth rates in national currency, as well as changes in the exchange rates of foreign currencies relative to the U.S., had a major impact on the competitive positions of the United States and the competitors. The severity and timing of the impact followed a different pattern in each competitor. In Europe, the trade-weighted growth of hourly compen sation costs measured in national currency was about 2 per centage points higher than growth in the United States over the entire 25-year period. However, the slowdown in growth of European costs over that time was much steeper than the decline in the growth rate of U.S. costs. Between the 1975-85 and 1995-2000 periods, European cost growth rates fell about 7-1/2 percentage points, compared with a 4-1/2 percentage point drop in U.S. growth during the same period. The years 1999 and 2000 are particularly significant in that the growth rate of hourly compensation costs in national currency was lower in Europe than in the United States for the first time since this series began in 1975. Additional compensation (other direct pay and social in surance) increased at a faster rate than pay for time worked in Europe over the 25-year period, as reflected in the increasing share of total compensation costs accounted for by the addi tional compensation components. The shares o f both in creased as a percentage of total compensation costs through 1990, but since that time, the structure of compensation costs in Europe has remained relatively stable. The following shows other direct pay and social insurance as a percentage of total compensation in Europe: O th e r d ir e c t p a y 1975 ..... ......... 15.8 1980..... ......... 16.5 1985 ..... ......... 17.2 1990..... ......... 17.6 1995 ..... ......... 17.3 2000..... ......... 17.0 S o c ia l In su ra n ce 20.8 22.2 22.6 23.4 23.9 23.3 After appreciating moderately against the dollar between 1975 and 1980, the European currencies underwent two dis tinct periods of change in the 1980s. (See chart 6.) The cur rencies in Europe began to weaken against the dollar in 1981, declining at a rate of 11.7 percent per year through 1985. Chart 5. Hourly compensation costs for production workers in manufacturing and exchange rates ■ Com pensation in national currency Average annual percent change 1975-85 1975-85 1975-85 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1985-95 1985-95 1985-95 □ Value of foreign currency relative to U.S. dollar Average annual percent change 1995-2000 1975-85 1995-2000 1975-85 1995-2000 1975-85 1985-95 1985-95 1985-95 M onthly Labor Review 1995-2000 1995-2000 1995-2000 Ju n e 2002 43 M anufacturing Labor Costs Chart 6. Exchange rate growth, 1975-2000 (value of foreign currency relative to U.S. dollar) 1975 = 100 1975 = 100 1975 = 100 1975 = 100 44 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 Strong growth against the dollar between 1985 and 1990, how ever, nearly offset the weak performance in the first half of the decade. The net result was that, over the entire decade of the 1980s, exchange rates in Europe declined only slightly against the dollar. In addition, the higher growth rate in national cur rency costs relative to the United States over the decade, combined with only a moderate decline in the value of the European currencies, drove European costs 16 percent higher than U.S. costs in 1990—a significant increase from 1980, when U.S. and European costs were at the same level. European exchange rates in 1995 were essentially unchanged from their 1990 levels. European national currency costs, how ever, were growing at a rate of 1-1/2 percentage points faster than U.S. costs so that, by 1995, European hourly compensation costs in U.S. dollars were 28 percent higher than U.S. costs. European exchange rates reversed their course beginning in 1996, declining against the dollar in each year between 1996 and 2000.12 With national currency growth rates slowing in Europe to about the same rate of growth as in the United States, the exchange rate changes brought European costs relative to the United States down to a level lower than the United States in 2000. In Japan, growth in national currency compensation costs was more moderate than in the other countries and areas con sidered. Average growth during the 25-year period was 0.7 percentage points lower than U.S. growth. Costs grew at an average of only 5.5 percent over the 1975-85 time period, the lowest of any country, including the United States. This was a remarkably low rate of growth considering that growth rates for all economies were at their peaks during that period. Japanese cost growth slowed in subsequent periods, and only the United States had a lower growth rate over the 1985-95 period. Between 1995 and 2000, Japanese compensation costs grew at the lowest rate of any of the competitors. In 1999 and 2000, Japanese costs actually declined on a national currency basis while costs in the other competitors continued to grow. The composition o f Japanese compensation has under gone an important change in the past 25 years. Bonuses, which make up a large portion of total compensation in Japan, have been falling as a percentage of total compensation since 1975, when they comprised 19.6 percent of compensation costs. Since that time they have fallen 4.5 percentage points. The following tabulation shows bonuses and social insurance as a percentage of total compensation in Japan: B o n u ses 1975 ...... ........ 19.6 1980 ...... ........ 18.6 1985 ...... ........ 17.6 1990...... ........ 18.3 1995 ...... ........ 16.7 2000...... ........ 15.1 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis S o c ia l In su ran ce 9.9 11.4 12.6 13.5 14.7 16.0 In contrast to the relative decline in bonuses in Japan, the share of social insurance expenditures rose steadily over the last quarter-century. In 1975, social insurance expenditures accounted for just about 10 percent of total compensation costs, but since that time they have grown 6 percentage points. Social insurance in Japan now has an importance as high as Canada and several European countries. With national currency costs growing at a moderate rate, it was predominantly the increase in the value o f the yen relative to the dollar that was responsible for Japan having compensation costs higher than the United States in 2000. (See chart 6.) Japan was the only foreign economy with a currency that was stronger against the dollar in 2000 than in 1975, and the only currency that appreciated in both 1975-85 and 1985-95. During 1985-95, the strength of the yen pushed Japanese compensation costs well above costs in the Unites States. However, the latter part of the 1990s saw a reversal in the Japanese exchange rate trend, as the yen weakened for 3 con secutive years. This downward trend lowered Japanese com pensation costs to about the same level as U.S. costs in 1998. (See chart 4.) But the yen rebounded strongly in 1999 and 2000, causing the rise of Japanese compensation costs above U.S. costs once again. Unlike Japan, growth in national currency compensation costs was the major factor that determined the trend in com pensation costs for the Asian nies relative to the United States between 1975 and 1995. While costs in national currency were growing at double-digit rates, exchange rates were nearly the same in 1995 as in 1975. Thus, the sharp increase in com pensation costs on a U.S. dollar basis in the nies through 1995 can be attributed nearly entirely to fast growth in na tional currency compensation costs. Those national currency growth rates followed the same general slowing pattern in the Asian nies as in most of the other foreign economies, but the deceleration took place from a higher growth level. Despite compensation cost growth rates that fell nearly 4 percentage points from the 1975-85 time period to the 1985-95 time period, growth still remained in the double digits in the latter period. Costs then fell another 6 percentage points in the 1995-2000 period, but the rate of growth was still higher than any other competitor except Mexico. Two factors in particular contributed to the fast pace of hourly compensation cost growth in the nies. First, costs in Korea grew faster than the other nies throughout the 1975— 2000 time period, growing at a rate of 17.7 percent, compared to a trade-weighted average o f 9.7 percent for the other three NIEs. Second, social insurance costs as a percentage of com pensation costs have been increasing in the NIEs. After fall ing to a low of 7.8 percent of compensation costs in 1987, social insurance costs rose fairly consistently throughout M onthly Labor Review Ju n e 2002 45 M anufacturing Labor Costs the 1990s, and by 2000 made up 14.5 percent of compensa tion costs.13 The following shows social insurance as a per centage of total compensation for Asian nies: 1975 1980 1985 1987 1990 1995 2000 ............. ............. 9.1 ............. ............. 9.9 ............. ............. 11.3 ............. ............. 7.8 ............. ............. 9.5 ............. ............. 12.2 ............. ............. 14.5 While exchange rate changes played a secondary role during most o f the period studied, the Asian currency cri sis in 1997-98 was a turning point in exchange rate trends in the NlEs. With the exception o f Hong Kong, where the currency is pegged to the U.S. dollar, the value of NlEs currencies fell 25.7 percent during the crisis. Combined with slower cost growth on a national currency basis, costs in these countries dropped in 1997 and 1998, when measured in U.S. dollars. (See chart 1.) In 1999 and 2000, these costs recovered somewhat, but failed to reach their pre-crisis levels. Exchange rates played an important role in the competi tive position o f Canada. The Canadian dollar steadily de preciated from 1975 to 2000 and, compared with the other competitors, fluctuations in the Canadian currency were modest. On a national currency basis, social insurance in Canada assumed a rising importance over the 25-year pe riod, rising to 16.4 percent o f total compensation costs in 2000, up from 8.9 percent in 1975. Altogether, Canadian national currency costs grew at a rate 1 percentage point higher than the United States between 1975 and 2000, but the cumulative effect of the declining Canadian dollar more than offset the faster growth. As a result, Canadian com pensation costs went to only 81 percent o f the U.S. level in 2000, down from 94 percent of the U.S. level in 1975. (See table 1). In Mexico, national currency growth rates were sub stantially higher than for the other competitors through out the period studied, growing at more than 30 percent per year between 1975 and 2000. However, the Mexican peso was hard hit by adverse economic shocks that led to several devaluations over the past quarter-century. In 1982, the peso was devalued coinciding with a debt crisis that followed a severe recession and liquidity crisis. In 1986, the peso was further devalued in response to the steep fall in the price of oil, Mexico’s main source of export revenue. The latest major devaluation occurred in Decem ber 1994, when the peso was permitted to float vis-à-vis the dollar.14 These events severely impacted the Mexican currency to the point where it was the weakest of any of the competitors. 46 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 Chart 7 illustrates the effect of these devaluations on the value of the peso and Mexican hourly compensation costs. Each of the three major devaluations resulted in a drop of more than 40 percent in the value of the peso. As a result, Mexican compensation costs as a percent of the U.S. level (lower panel of chart 7) fell sharply in response to each of these events. The impact of these events on Mexican com pensation is overwhelming; since 1980 Mexican costs rela tive to the United States have fallen only during the immedi ate aftermath of the devaluations—2 years (1982 and 1986) in which devaluations occurred, and 2 years (1983 and 1995) that followed devaluation years. Otherwise, Mexican costs have held steady or increased in the other 16 years. Never theless, hourly compensation costs in Mexico have fallen to only 12 percent of the U.S. level in 2000 from a high of 26 percent. It is notable that hourly compensation cost growth on a national currency basis increased sharply with the first two major devaluations in 1982 and 1986, while the value of the peso continued to fall at a fairly high rate in the years directly following the devaluations. By contrast, during the last de valuation in 1995, the growth rate of national currency com pensation costs increased only moderately, but the weakness in the peso abated much more quickly than following previ ous devaluations—and compensation costs on a U.S. dollar basis had returned to positive growth by the following year. Conclusion Over the past 25 years, the U.S. competitive position with regard to hourly compensation costs has improved rela tive to competitors, particularly Japan and Europe, despite some deterioration over the final 5 years o f the 20th cen tury. Future trends in this area will undoubtedly be closely watched as governments, manufacturers, and worker bar gaining associations examine proposals regarding wages, additional compensation costs, worker pension plans, and work time. These trends in hourly compensation costs in U.S. dol lar terms are often heavily influenced in the short-term by exchange rate movements, but it is important to note that over the past 25 years it was the difference in national currency cost growth rates between the United States and competitors—particularly Europe and the Asian NlEs— that most affected the competitive position o f the United States. For many years, growth in hourly compensation costs in the United States was lower, on a national cur rency basis, than most o f the competitors, contributing to the improvement of the U.S. competitive position. This trend recently changed, and national currency hourly com pensation is now growing at slower rates in many o f the competitors than in the United States. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Ju n e 2002 47 M anufacturing Labor Costs Notes 1 See, for example, “Manufacturing costs, productivity, and competi tiveness, 1979-93,” by Edwin R. Dean and Mark K. Sherwood, Monthly Labor Review, October 1994, pp. 3-16, for a discussion of input costs, product prices and competitiveness. The offsetting impact on product prices due to productivity gains is discussed in “Labor Productivity in U.S. and Foreign Manufacturing—a Half Century of Comparisons” on p. xx. r income. Prices of goods and services vary greatly among countries, and total compensation costs include not only payments made directly to workers, but also employer payments to funds for the benefit of work ers. Many of these payments to funds may benefit the workers only indirectly (as is the case with employer payments for unemployment insurance) or at some point in the future (for example, payments to retirement funds). See the technical appendix on p. xx. 2 “Labor costs— annual update 2001,” European Industrial Relations Observatory On-Line. 9 The hourly compensation cost measures used in this article differ from the hourly compensation data in “Comparing 50 years of labor productivity in U.S. and foreign manufacturing” on p. 51 of this issue. Hourly compensation data in that article are calculated from national accounts aggregate employee compensation data and estimates of labor input. In addition, the hourly compensation data used in that article relate to all employees or all employed persons. Only indexes of hourly compensation are calculated; no level data are available. Data in the current article are computed using establishment survey data on average earnings and supplementary labor cost data from periodic labor cost surveys and other data sources. These data relate to production and related workers only. See the appendix on p. 63 of this issue. 10 Separate data for pay for time worked are not available for Mexico and the Asian NIEs. 11 Although the trade-weighted average of other direct pay as a percent age of total compensation in Europe is 17 percent, the percentage of other direct pay ranges from just under 10 percent in Ireland to 20 percent or more in Austria, Belgium, and Italy. More information about compensation cost structure in individual European countries can be found in the Supplementary Tables for BLS News Release “Interna tional Comparisons o f Hourly Compensation Costs for Production Workers in M anufacturing,” available on the Internet at h ttp :// www.bls.gov/fls 12 On January 1, 1999, 11 European countries joined the European Monetary Union (EMU): Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. At the same time, currencies of EMU members were established at fixed conversion rates to the euro, the official currency of the EMU. Ex change rates between the national currencies of EMU countries and the U.S. dollar are no longer reported; only the exchange rate between the euro and the U.S. dollar is available. 13 The large drop in social insurance in 1987 was primarily the result of a reduction of the rate of employer contributions to the Central Provi dent Fund (a social security fund) in Singapore. The rate of employer contribution was cut from 25 percent of monthly earnings to 10 per cent of monthly earnings effective April 1, 1986. 3 “EU labour costs 1999,” Statistics in focus, Population and social conditions, Theme 3, 3/2001. 4 The Ministers of Finance and Central Bank Governors of five coun tries (France, Germany, Japan, the United Kingdom, and the United States) met on September 22, 1985, at the Plaza Hotel in New York, in order to review economic developments and policies in their countries. The results of their meeting were summarized in an agreement, known as the “Plaza Accord.” In particular, they noted that the “appreciation of the U.S. dollar” was among the factors that have “contributed to large, potentially destabilizing external imbalances among major indus trial countries” and that an “appreciation of the main nondollar cur rencies against the dollar is desirable. They stand ready to cooperate more closely to encourage this when to do so would be helpful.” For further information, see the University of Toronto Library and the G8 Research Group at the University of Toronto on the Internet at http:/ /w w w .library.utoronto.ca/g7/finance/fm 850922.htm 5 The purpose of this article is to decompose the rather distinct speedups and slowdowns in hourly compensation growth rates for the 28 competitors as illustrated in chart 1. There was no attempt to select time periods to eliminate possible cyclical factors. 6 Europe includes the 15 countries of the European Union, Norway, and Switzerland. For the purposes of constructing a time series for hourly compensation for Europe, data for Germany included in the tradeweighted averages for Europe relate to the former West Germany only. Data for Germany are available only from 1993-2000; no data are available for 1975-92. Approximately 90 percent of manufacturing employment for Germany is in the former West Germany, and the level of hourly compensation in Germany is approximately 4 percent lower than in the former West Germany. Using data for Germany rather than data for the former West Germany would lower the level of European compensation costs by approximately 1 percent. 7 China is not included because the data needed to construct hourly compensation cost estimates for production workers are not available. Available earnings data are monthly earnings on an all-employee basis; earnings data and hours worked for production workers in manufactur ing are not available. In addition, comprehensive surveys on compo nents of compensation not included in earnings are not available. 8 The international comparisons of compensation costs do not indicate relative living standards of workers or the purchasing power of their 14 The exchange rates used in this article are annual averages of daily rates for the entire year. Because this devaluation occurred near the end of 1994, its impact on the annual average of that year was minimized. The lull impact of the devaluation is evident in the annual average for 1995, the first full year following the devaluation. A ppendix: About the data T h e data in th is article are hou rly c om p en sation co sts for production w orkers in m anufacturing. T he total com p en sation m easures are prepared b y the B ureau o f Labor S tatistics in order to a ssess interna tio n a l d ifferen ces in em p loyer labor costs. C om p arison s based on the m ore read ily a vailab le average earn in gs statistics p u b lish ed by m any countries can b e very m islead in g. N ation al d efin itio n s o f aver a ge earn in gs differ considerably; average earnings do n ot in clu d e all 48 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 item s o f labor com pensation; and the om itted item s o f com p en sa tio n freq uently represent a large proportion o f total com p en sa tio n . T he com p en sation m easures are com p u ted in n ational currency un its and are con verted into U .S . dollars at p revailin g com m ercial market currency exch ange rates. T he foreign currency exch an ge rates u sed in the calcu lation s are the average d a ily exch a n g e rates for the reference period. T h ey are appropriate m easu res for com p arin g le v e ls o f em p lo y er labor costs. T h ey do n ot ind icate relative liv in g standards o f w orkers or the purchasing p ow er o f their incom e. Prices o f g o o d s and serv ices vary greatly am on g countries, and com m ercial m arket ex ch a n g e rates are n ot reliable indicators o f relative differ e n c es in prices. Definitions H ourly co m p en sa tio n c o sts in clu d e (1 ) hou rly direct pay and (2 ) em ployer social insurance expenditures and other labor taxes. H ourly direct p ay in clu d es all paym en ts m ade directly to the worker, before payroll d ed u ctio n s o f any kind, c o n sistin g o f (a) pay for tim e w orked (b a sic tim e and p ie ce rates p lu s overtim e prem ium s, sh ift d ifferen tials, other prem iu m s and b o n u ses paid regularly each pay period, and c o st-o f-liv in g adjustm ents); and (b) other direct pay (pay for tim e n ot w orked— v acation s, h o lid ays, and other leave, ex cep t sick lea v e— sea so n a l or irregular b o n u ses and other sp ecial paym ents, selected so cia l a llo w a n ces, and the c o st o f paym ents in kind). S ocial insu ran ce exp en d itu res and other labor taxes in clu d e (c ) em ployer expenditures for leg a lly required insurance program s and contractual and private b en efit p lan s (retirem ent and disab ility p en sio n s, health insu ran ce, in co m e guarantee insurance and sick leave, life and a cci dent insurance, occu p ation al injury and illn ess com pensation, un em p lo y m en t insurance, and fam ily a llow an ces); and, for som e co u n tries, (d ) other labor ta x es (other taxes on p ayrolls or em p loym en t— or red u ction s to reflect su b sid ies— ev en i f they do n ot fin an ce pro gram s that d irectly b en efit w orkers, b ecau se su ch taxes are regarded as labor c o sts). For co n sisten cy, com p en sation is m easured on an h ou rs-w ork ed b a sis for every country. T h e b l s d efin itio n o f hou rly com p en sation c o sts is n ot the sam e as the International Labour O ffice (ILO) d efinition o f total labor costs. H ou rly co m p en sa tio n c o sts d o n ot in clu d e all item s o f labor costs. T he c o sts o f recruitm ent, em p lo y ee training, and plant facilities and serv ice— su ch as cafeterias and m ed ical clin ic s— are n ot inclu ded b eca u se data are n ot a vailab le for m ost countries. T he labor costs n ot in clu d ed acco u n t for n o m ore than 4 percent o f total labor costs in any country for w h ich the data are availab le. P rod u ction w orkers gen erally in clu d e th o se em p lo y ee s w h o are en gaged in fabricating, assem bly, and related activities; material han d lin g, w areh ou sin g, and shipping; m aintenance and repair; janitorial and guard services; auxiliary production (for exam ple, pow erplants); and other serv ices c lo s e ly related to the a b ove activities. W orking su p ervisors are gen era lly inclu ded; app rentices and other trainees are g enerally exclud ed . clu d es annual tabu lation s o f em p loyer so cia l secu rity contrib ution rates provided by the International S tu d ies S ta ff o f the U .S . S o cia l Security A dm in istration, inform ation on contractual and leg isla ted fringe b en efit ch an ges from i l o and national labor bu lletin s, and sta tistical series on indirect labor costs. For other countries, adjust m ent factors are ob tain ed from su rveys or cen su ses o f m anufactures or from reports on frin ge-b en efit system s and so cia l security. For the U n ited States, the adjustm ent factors are sp ecial ca lcu latio n s for international com p arison s based on data from several su rveys. T he statistics are also adjusted, w h ere n ecessary, to acco u n t for m ajor differences in w orker coverage; differences in industrial cla ssi fication system s; and ch an ges over tim e in su rvey co v erage, sam p le benchm arks, or freq u en cy o f su rveys. N ev er th e less, so m e differ e n ces in industrial coverage rem ain and— w ith the e x cep tio n o f the U n ited States, Canada, and several other countries— the data ex clu d e very sm all estab lish m en ts (le s s than 5 e m p lo y ee s in Japan and less than 10 e m p lo y ees in m o st E uropean and so m e other countries). For the U n ited States, the m eth od s used , as w e ll as the results, differ som ew h at from th o se for other b l s series on U .S . com p en sa tio n c o sts. H ourly com p en sation co sts are con verted to U .S . dollars u sin g the average daily exch a n g e rate for the reference period. T h e e x change rates u sed are p revailing com m ercial market exch an ge rates as p u b lish ed b y either the U .S . Federal R eserve B oard or the Interna tional M onetary Fund. For further d etails on su rvey sou rces and on sp ecial estim ation procedures for som e countries b ecau se o f in com p lete data, see Inter national C om p arison s o f H ourly C om p en sation C osts for P rod u c tion W orkers in M anufacturing, 1995 (R eport 9 0 9 , B ureau o f Labor Statistics, Septem ber 1996). Trade-weighted measures T he trade w eig h ts u sed to com p u te the average co m p en satio n co st m easures for selected e co n o m ic groups are relative im portances d e rived from the sum o f U .S . im ports o f m anufactured produ cts for con su m p tion (cu sto m s valu e) and U .S . exports o f d o m estic m anu factured products (free alon g sid e {f.a .s.} valu e) in 19 9 2 for each country or area and each eco n o m ic group. T he tabulation sh o w s the share o f total U .S . im ports and exports o f m anufactured produ cts in 1992: Country or area 1992 trade share C ountry or area Canada .................. M exico.................. 19.2 Australia.............. Hong Kong SAR1 .... Israel ..................... Japan..................... 1.4 2.0 .8 15.8 Greece .................... Ireland.................... Ita ly ........................ Luxembourg.......... Netherlands........... N orw ay.................. 2.3 .1 1.9 .3 K orea.................... New Zealand........ Singapore ............. Sri Lanka............... Taiw an.................. 3.4 .3 2.4 .1 4.4 Portugal.................. Spain...................... Sweden................... Switzerland........... United Kingdom ... .2 .8 .8 1.0 4.4 1992 trade sh are Methods Total co m p en sa tio n is com p u ted by adju sting each cou n try’s aver ag e earn in gs series for item s o f direct pay n ot in clu d ed in earnings and for em p lo y er exp en d itu res for leg a lly required insurance, c o n tractual and private b en efit plans, and other labor taxes. For the U n ited States and other countries that m easure earnings on an hourspaid b a sis, the fig u res are a lso adjusted in order to approxim ate co m p en sa tio n per hour w orked. E arnings statistics are obtained from su rveys o f em p loym en t, hours, and earn in gs or from su rveys or c en su ses o f m anufactures. A d ju stm en t factors are obtained from p eriod ic labor c o st sur v e y s and interp olated or projected to n on su rvey years on the b asis o f other inform ation for m ost countries. T he inform ation u sed in https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7.6 M onthly Labor R eview .1 .6 Ju n e 2002 49 M anufacturing Labor Costs ountry or area A u s t r ia ............... B e lg iu m .............. D e n m a r k ............ F in la n d ............... F r a n c e ................. . G erm a n y 2 ......... . 1992 trade sh are .3 1.5 .3 .2 3.2 5.4 Econom ic grou p 28 foreign e c o n o m ie s ...... OECD3 ........................ E u r o p e ................... E uropean U n io n .. A sian n i e s .............. 1992 trade share Labor costs versus labor income 80.8 71.1 2 3 .4 22.1 12.2 T he trade data u sed to com p u te the w eig h ts are U .S . B ureau o f the C en su s statistics o f U .S . im ports and exports con verted to an industrial c la ssifica tio n b asis from data in itially c o lle cte d under the H arm on ized T a riff S ch ed u le co m m o d ity cla ssific a tio n system . T he O rgan ization for E co n o m ic C oop eration and D ev elo p m en t (OECD) g rou p in g a b o ve in clu d es the cou n tries in th is data set that b e lo n g to the OECD: Canada, M ex ico , A ustralia, Japan, K orea, N e w Z ealan d, and all E uropean countries. E urope as d efin ed for th is data set co n sists o f A ustria, B elg iu m , D enm ark, Fin lan d, France, Ger m any, G reece, Ireland, Italy, L uxem bourg, the N etherlan ds, N orw ay, Portugal, Spain, Sw ed en , Sw itzerland, and the U n ited K in gdom . The group lab eled “A sia n n i e s ” c o n sists o f the four n e w ly ind ustrializ in g e c o n o m ie s o f H o n g K o n g s a r , K orea, S in gapore, and Taiwan. T he trade w eig h ted m easures relate to all the cou n tries or areas co v ered in the series. T rad e-w eigh ted data for G erm any relate to the form er W est G erm any. E stim ates are com p u ted for m issin g country data u sin g the average trend in other eco n o m ie s to estim ate the m iss ing data. T h e trad e-w eig h ted average rates o f ch an ge are com p u ted as the trad e-w eigh ted arithm etic average o f the rates o f change for the in d i vid u al cou n tries or areas; the trad e-w eigh ted average hou rly c o m p en sa tio n c o sts in U .S . dollars are com puted as the trade-w eighted arithm etic average o f co st lev e ls for the ind ividu al countries or areas. R ates o f change d erived from the trade-w eighted average hourly com p en sa tio n c o st le v e ls n eed n ot be the sam e as the trade-w eighted average rates o f change. Data limitations B e ca u se co m p en sa tio n is partly estim ated, the statistics sh ou ld not b e co n sid ered as p recise m easu res o f com p arative com p en sation co sts. In addition, the figu res are su b ject to rev ision as the results o f n e w labor c o st su rveys or other data u sed to estim ate com p en sation c o sts b eco m e availab le. T h e com parative lev e l figu res in th is article are averages for all m anufacturing industries and are n ot n ecessarily representative o f all co m p o n en t industries. In the U n ited States and so m e other cou n M onthly Labor Review 50 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 tries, su ch as Japan, d ifferentials in hou rly com p en sation c o st le v e ls by industry are quite w id e. In contrast, other cou n tries, su ch as S w ed en , h ave narrow differentials. T he hou rly com p en sation figu res in U .S . dollars p rovid e com para tive m easures o f em p loyer labor costs; th ey do n ot p rovid e inter country com p arison s o f the pu rchasin g p ow er o f w orker in co m es. P rices o f g o o d s and serv ices vary greatly am on g cou n tries, and the com m ercial m arket exch a n g e rates u sed to com pare em p lo y er labor c o sts do n ot reliab ly ind icate relative d ifferen ces in prices. P urch as in g p ow er parities— that is, the num ber o f foreign currency un its required to buy g o o d s and services eq u ivalen t to w h at can b e pur ch ased w ith on e unit o f U .S . or other b ase-cou n try currency— m ust b e u sed for m eaningful international com parisons o f the relative pur ch asin g p ow er o f w orker in com es. T otal c o m p e n sa tio n c o n v erted to U .S . d o lla rs at p u rch a sin g p ow er parities w o u ld p rovid e o n e m easure for com p arin g relative real le v e ls o f labor in com e. It sh ou ld be noted, h ow ever, that total com p en sation in clu d es em p loyer paym en ts to fu n d s for the b en efit o f w orkers in add ition to p aym ents m ade d irectly to w orkers. (F or a fe w countries, the com p en sation m easures a lso in clu d e ta x es or su b sid ies on payrolls or em p loym en t e v en i f th ey d o n o t fin a n ce program s w h ich d irectly b en efit w ork ers.) P aym en ts in to th ese fu n d s p rovid e either deferred in co m e (for exam p le, p ay m en ts to retirem ent fu n d s), a typ e o f insurance (for exam p le, p aym en ts to u n em p loym en t or health b en efit fun ds), or current so cia l b en efits (for exam p le, fam ily a llo w a n ces), and the relation sh ip b etw een em p loyer paym ents and current or future w orker b en efits is indirect. O n the other hand, ex clu d in g th ese p aym ents w o u ld understate the total valu e o f in co m e d erived from w ork b ecau se th ey su bstitu te for w orker sa v in g s or self-in su ran ce to cover item s su ch as retirem ent and m ed ical costs. Total com p en sation , b eca u se it takes accou n t o f em p lo y er p ay m ents into fu n d s for the b en efit o f w orkers, is a broader in co m e con cep t than either total direct earnings or direct sp en d ab le earnings. A n ev en broader co n cep t w o u ld take accou n t o f all so c ia l b en efits availab le to w orkers, in clu d in g th o se fin an ced ou t o f general rev en u es as w e ll as th o se fin an ced through em p lo y m en t or p ayroll taxes. □ Footnotes to the A ppendix 1 Hong Kong Special Administrative Region of China. 2 Former West Germany. 3 Organization for Economic Cooperation and Development. U.S. and Foreign Labor Productivity International comparisons Comparing 50 years of labor productivity in U.S. and foreign manufacturing Although manufacturing labor productivity increased less in the United States than in other G-7 countries over the last 50 years, the growth rate has accelerated in the United States after 1973, while slowing down in the other countries Aaron E. Cobet and Gregory A. Wilson Aaron E, C o b e t an d Gregory A. Wilson are econom ists in the Division of Foreign Labor Statistics, O ffice of Productivity a n d Technology, Bureau of Labor Statistics, e-mail: C o be t_A @ bls.go v and W ilson_G@ bls.gov. W olodar Lysko, a supervisory econom ist in the sam e division, also contributed to this article. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis abor productivity in manufacturing has been a topic of interest throughout recent decades. Research was directed at different issues at different times, depending on economic developments. For example, after 1973, discussion focused on whether there was a historical slow down in productivity growth in the industrialized countries.1 Currently, an issue has focused on whether and how the introduction of information technology is affecting manufacturing pro ductivity.2In addition, the progressive globalization of the world economy, increasing exposure of individual countries to international trade and capital movements, has heightened interest in productivity, particularly in comparisons among countries. For instance, analysts are examining the relations among labor costs, productivity, prices, and competition.3 The Bureau of Labor Statistics international comparisons program began estimating and com paring trends in m anufacturing labor productivity and unit labor costs in 1973, making comparisons back to 1950. These accumulated data make it possible to now look at these trends from the perspective of half a century. Labor productivity in the U.S. manufacturing sector grew continuously over the last half of the 20th century, and this growth accelerated during the 1990s. This is different from most of the other countries in this article, for which productivity L increases slowed over time. The growth in U.S. labor productivity was accompanied by relative stability in manufacturing employment and hours worked, in contrast to most other countries, where manufacturing employment and hours declined. Historically, increases in manufacturing hourly compensation and in unit labor costs have been m ore m oderate in the U nited States than elsewhere, although, during the 1990s, other countries have succeeded in reducing their hourly com pensation and unit labor cost increases to the U.S. rates or below. In this article, labor productivity is measured as the value of real manufacturing output produced per hour o f labor input. Increases in labor productivity reflect the joint effects o f many influences, including capital investment, advances in technology, and organizational efficiencies, as well as improved skill levels of the workforce. Unit labor costs are defined as the cost of labor input required for the production of one unit o f output. They are computed as labor compensation in nominal terms divided by real output. Changes in unit labor costs reflect the net effect o f changes in hourly w orker compensation and in labor productivity. Unit labor costs rise when compensation per hour rises faster than labor productivity. Conversely, if labor productivity rises faster than hourly compensation, unit labor costs decline. M onthly Labor Review Ju n e 2002 51 U.S. an d Foreign Labor Productivity This article discusses the trends in U.S. manufacturing labor productivity and unit labor costs that have occurred over the half-century 1950-2000, comparing and contrasting these trends with those of the other G-7 countries (Canada, Japan, France, Germany, Italy, and the United Kingdom).4 Developments in the manufacturing sectors of five other European countries, and of Korea and Taiwan, are also summarized. The data analyzed are from the b l s data on international comparisons, in which U.S. and foreign data are produced according to comparable concepts, definitions, and classifications.5 This article first presents an overview of the entire 1950-2000 period, showing the long-term similarities and differences between the manufacturing sectors in the United States and abroad, and contrasting developments during three subperiods: 1950-73; 1973-90; and 1990-2000. The discussion then focuses on each of these three subperiods in turn, examining how changes in labor productivity and labor inputs combined to meet changing demand for output, and explains how changes in manufacturing unit labor costs were in turn the outcome of changes in labor productivity and in hourly compensation rates. The analysis focuses on developments in the U.S. manufacturing sector, contrasting them with developments in other countries. In addition to the three main subperiods, the study also examines developments over certain shorter time periods, whenever this contributes to a better understanding of the underlying trends. Sometimes, to facilitate comparisons for this analysis, the European members of the G-7 are treated as a unit, and referred to as “Europe G-4.” When numerical growth rates are given for “Europe G-4,” these are simple arithmetic averages of the respective growth rates for France, Germany, Italy, and the United Kingdom. C om p a ra tiv e growth varied over time This study uses b l s com parative time series data for manufacturing labor productivity and related measures. These data are available beginning with 1950 for most of the countries included in this study, with the most recent data available for 2000. The comparative productivity measures used in this study employ a “value-added” concept of manufacturing output, defined as the value of gross output less the value of all intermediate purchases of goods and services. The valueadded data are produced by the statistical agencies of the countries compared, as part of their national accounts. In its system of official productivity measures for the United States, b l s employs a measure of “sectoral” output, which equals the value o f gross output less the value of intrasector sales and transfers. In general, measures of “sectoral” output are preferred for industry productivity measurement. Valueadded output is used in the present study because the data 52 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 are available and because the economies o f compared countries differ in size and in the extent of vertical integration of their industries. Because the comparative value-added series for U.S. manufacturing begin in 1977, for prior years we link the sectoral output series for U.S. manufacturing to the valueadded output series at 1977, to create an analytic data set for the 1950-2000 period. It is important to recognize that while these two output series tend to have similar trends over longer periods of time, their growth rates may diverge over shorter time periods. This issue and other aspects of the comparative productivity series and related measures are described more fully in the appendix. To compare and contrast the changes that have taken place in the competitive position of the United States vis-àvis the other countries, the 1950-2000 interval has been divided into three periods: the period before 1973; the period between 1973 and 1990; and the most recent decade, 19902000. Local cyclical peaks in manufacturing output were reached in 1973 in the United States, Germany, Japan, and the United Kingdom. In Canada, France, and Italy manufacturing output peaked the following year. In addition, 1973 was a cyclical peak for U.S. labor productivity in manufacturing, after many years of continuous productivity growth. The year 1973 is also a convenient benchmark because certain developments, which had important financial effects on all industrial economies, occurred during that year. One development was the end of the Bretton Woods system of controlled exchange rates and the introduction of floating exchange rates. Another development was the first of two major oil price shocks o f the 1970s. The U.S. dollar appreciated strongly against most currencies after the second oil price shock in 1979. Then in 1985, as a result of the “Plaza Accord,” the dollar began a decade of major weakness.6 One consequence of the events of 1973 and 1979 was instability in the foreign exchange markets, causing sudden shifts in comparative production costs among countries. Another consequence was that the industrial econom ies were subjected to inflationary pressures, and manufacturing productivity increases slowed in most countries. Five o f the G-7 countries reached local peaks in manufacturing output between 1989 and 1991. The U.S. manufacturing output peaked in 1988, however the total economy reached a cyclical peak in 1990. In 2000, the terminal year of the comparative series, labor productivity reached its highest level in all G-7 countries, and output reached its highest level in all countries except Germany. Hours worked were at the lowest levels in Germany, France, and the United Kingdom. On foreign exchange markets, several years of relative stability began after 1990, following the U.S. dollar weakness in the second half o f the 1980s. (A separate examination of the 1990s makes it possible to focus on the trends that determine the current comparative position of the U.S. manufacturing sector.) Overview, 1950-2000 During the last half of the 20th century, labor productivity in the manufacturing sector increased less in the United States than in the other G-7 countries—Canada, Japan, and Europe G-4 (France, Germany, Italy, and the United Kingdom). (See table 1; definitions o f the measures presented in table 1 and in subsequent tables can be found in the appendix.) This slower overall growth in U.S. productivity is largely attributable to the pre-1973 period, when manufacturing productivity rose considerably more in the other regions than in the United States. (See chart 1, panel 1.) After 1973, growth in U.S. productivity continued and even accelerated, whereas productivity growth slowed in most other countries. The pattern across time of U.S. productivity increases differed from that of the other countries. The U.S. productivity growth rate was relatively stable over the different time periods and subperiods covered by this study, and reached its maximum in the 1990s. The remaining G-7 countries, however, experienced their highest rates of productivity increases during the pre-1973 period, followed by considerably lower rates of growth in subsequent years. The one exception was the United Kingdom, where productivity growth remained relatively stable over the entire 50-year period. All of the G-7 countries except the United States had thenlargest increases in manufacturing output during the 1950-73 period. As was the case in other countries, U.S. output growth slowed after 1973, but then it grew faster after 1990, regaining and even surpassing its pre-1973 growth rate. In the other countries, the output growth rate continued to slow after 1990, or made only a partial recovery. (See chart 1, panel 2.) U.S. manufacturing employment, as well as average and total hours worked, remained relatively stable during the last half of the 20th century, compared with Japan and Europe G4. (See chart 1, panels 3 and 4.) Manufacturing employment in the United States increased before 1973, then declined slowly afterwards. This resulted in a small net gain in employment and total hours between 1950 and 2000. As in the United States, employment in Europe G-4 grew before 1973, but employment and hours fell much more steeply after 1973. A similar pattern developed in Japan, where manu facturing employment grew rapidly before 1973, but then stagnated and declined, falling rapidly after 1990. Canada was the only G-7 country to experience growth in manu facturing employment during each of the three periods. Over the entire 1950-2000 period, U.S. manufacturing unit labor costs increased less than those of most other countries, measured in national currencies. The greatest differences, however, occurred in the period after 1973 and before 1990. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (See chart 1, panel 6.) Before 1973, unit labor costs in U.S. manufacturing increased at an annual rate which was within 2 percentage points of the growth rates in the other G-7 countries. But during the following period, 1973-90, U.S. unit labor costs grew markedly more slowly than unit labor costs in most other G-7 countries. The U.S. unit labor cost increases during this period were particularly modest when compared with unit labor cost increases in the average of Europe G-4 countries, some of which were almost double the U.S. rate. After 1990, unit labor cost growth slowed in all G-7 countries, and the difference between the U.S. increases and those of the other G-7 countries was, again, comparatively small. Modest hourly compensation increases were the main reason for the moderate growth in U.S. manufacturing unit labor costs.7 Over the entire 1950-2000 interval, hourly compensation increased in all countries and all periods compared, however the U.S. increases were, on the whole, more moderate (table 1). The U.S. average hourly com pensation growth rate was markedly below the hourly compensation growth rates in Japan and the Europe G-4 countries. Among the major competitor countries, some had lower hourly compensation growth rates than the United States, but only during certain subperiods. Overall, labor productivity was less important, and hourly compensation more important in limiting unit labor cost increases in U.S. manufacturing than they were in the other countries. Currency fluctuations played an im portant role in determ ining com parative trends in unit labor costs denominated in U.S. dollars during some periods, especially after 1973, when the Bretton Woods system of controlled exchange rates was replaced by floating exchange rates. The effect on U.S. competitiveness was positive or negative, depending on the period. Looking at trends in unit labor costs denominated in U.S. dollars over the entire 50-year period, one can see that the average U.S. increases were smaller than, or the same as, unit labor cost increases in the other countries (table 1). Comparative trends of labor productivity and unit labor costs from 1950 to 2000 are summarized in charts 2 and 3. In these charts, indexes of manufacturing output per hour and of dollar-denominated unit labor costs (with 1973 = 100, for each of Europe G-4, Japan, and Canada) are divided by the corresponding index for the United States. (Japanese data begin with 1955.) The slope of each line at a given year indicates the relative growth rates of the underlying measure. When the slope is rising, it means that the measure in the given country or region is growing faster, or declining more slowly, than the corresponding measure in the United States. The converse is indicated by a falling slope. The magnitude of the difference in growth rates is shown by the steepness of the slope. M onthly Labor Review June 2002 53 U.S. and Foreign Labor Productivity Table 1. Average annual rates of change in manufacturing labor productivity and related measures, G-7 countries, 1950-2000 Unit labor costs Average hours Output per hour Output United S ta te s ............... C a n a d a ......................... Japan (1955-2000)...... Europe G -4 ................... F r a n c e ..................... G e rm a n y .................. I t a ly .......................... 2.9 3.0 6.3 4.3 4.8 4.7 4.5 3.3 3.9 7.1 3.6 3.8 4.0 5.0 0.4 .8 .8 -.7 -.9 -.7 .4 0.4 .9 1.2 -.2 -.5 .1 .6 -.1 -.4 -.5 -.5 -.8 -.2 United K in gd o m ........ 3.2 1.7 -1.5 -1.1 United S t a t e s ............... C a n ad a......................... Japan (1 955-73).......... Europe G -4 ................... F r a n c e ..................... G e rm a n y .................. Italy........................... 2.6 4.1 10.0 5.5 6.0 6.9 6.1 3.7 5.5 13.8 6.3 6.4 7.6 7.9 1.1 1.3 3.5 .7 .4 .7 1.7 United Kin g d o m ........ 3.3 3.1 2.8 2.1 4.1 3.4 3.6 2.9 3.8 3.3 4.0 2.1 3.6 3.1 4.2 3.0 2.3 2.8 Period and country Hourly compensation Exchange rate National currency U.S. dollars 5.6 6.3 8.3 9.2 9.1 7.7 10.5 2.6 3.2 1.9 4.7 4.1 2.9 5.7 2.6 2.6 4.7 3.7 2.6 4.3 3.2 -.6 2.7 -.9 -1.4 1.4 -2.4 -.3 9.3 6.0 4.7 -1.2 1.2 1.6 4.0 1.2 .7 1.7 2.0 -.1 -.3 -.4 -.5 -.3 -1.0 -.3 5.3 6.1 12.6 9.4 10.1 9.8 9.7 2.6 1.9 2.4 3.7 3.9 2.7 3.4 2.6 2.3 4.1 3.8 2.8 4.8 3.7 .4 1.6 .2 -1.0 2.0 .3 -.2 .2 -.4 8.0 4.6 4.0 -.6 2.5 2.0 3.9 1.6 1.5 1.4 3.2 .3 -.3 -.1 -.2 -1.7 -2.1 -1.5 -.6 -2.9 -.3 .0 .1 -1.2 -1.4 -.6 -.4 -2.4 .0 -.1 -.3 -.6 -.7 -.8 -.2 -.5 7.1 8.8 7.4 11.9 11.3 6.8 15.4 13.8 4.1 6.5 3.2 8.2 7.4 3.9 11.2 10.2 4.1 5.5 7.1 6.9 6.1 6.9 6.5 8.2 -.9 3.7 -1.1 -1.2 2.9 -4.2 -1.9 3.8 3.3 1.0 1.1 2.0 .3 1.4 .7 -.2 1.2 -2.5 -1.9 -2.1 -2.6 -.9 -2.0 -.4 .9 -1.7 -1.7 -1.5 -2.5 -.7 -2.1 .2 .3 -.7 -.2 -.6 -.1 -.2 .1 3.7 2.9 2.4 4.3 3.3 4.5 4.5 5.0 -.2 .8 -1.2 1.2 -.8 1.5 2.2 2.1 -.2 -1.6 1.8 -1.9 -3.4 -1.2 -3.4 .5 -2.4 3.0 -3.1 -2.6 -2.7 -5.4 -1.6 Total hours Employment Total, 1950-2000 0.0 1950-73 1973-90 United S t a te s ............... C a n a d a ......................... Japan ........................... Europe G -4 ................... F r a n c e ..................... G erm an y .................. I t a ly .......................... United K in gd o m ........ 1990-2000 United S ta te s ............... C a n a d a ......................... Japan ........................... Europe G -4 ................... F r a n c e ..................... G erm an y .................. I t a ly .......................... United Kin g d o m ........ The 1950-73 period Output, labor input, and labor productivity. All the G-7 countries recorded growth in manufacturing output, labor productivity, and employment during the 1950-73 period. (See table 1.) This was a period in which major productivity gains were accompanied by output gains rather than reductions in labor input. Indeed, all countries experienced employment growth, and only the United Kingdom recorded a decline in hours worked. Between 1950 and 1973, manufacturing labor productivity and output increased less in the United States than in Canada, Japan, and the average of Europe G-4. In fact, the United States was the only country that did not have its highest output growth rates during the pre-1973 years. Japan achieved growth in manufacturing productivity that averaged 10.0 percent per year and posted output gains of 13.8 percent 54 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 per year—by far its highest rates of productivity and output growth among the periods compared. Similarly, Canada and Europe G-4 experienced their highest rates of productivity and output growth during this period. During 1950-73, total manufacturing hours worked increased in all the G-7 countries except the United Kingdom, as a direct result of increased employment, because average hours declined everywhere. The increases in manufacturing employment ranged from a high of 4.0 percent per year in Japan to a low of 0.2 percent per year in the United Kingdom. Most countries also experienced their fastest declines in average hours worked during this period, but average hours worked in U.S. manufacturing declined less than elsewhere. Employment in the United States and in Europe G-4 grew at the same rate before 1973. However, this employment growth was offset by bigger declines in average hours worked in Europe G-4, so that total hours worked in Europe G-4 Chart 1. Productivity, unit labor costs, and related measures in manufacturing, G-7 countries, 1950-2000 Average annual growth rates (percent) United S tates' Panel 1. Productivity Canada Average annual growth rates (percent) France Germany Italy panel 3 Tota|houfS United Japan Kingdom Average annual growth rates (percent) United C anada S ta te s 1 Average annual growth rates (percent) United States Panel 2. Output France Germany Italy United Kingdom Japan Panel 4. Employment C anada France Germany Italy United Kingdom Japan 1 The U.S. growth rates shown in panels are based on sectoral output for years prior to 1977, and on value- added output for subsequent years. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review June 2002 55 U.S. an d Foreign Labor Productivity increased less than those in the United States. In Canada and Japan, however, total hours worked increased more, despite declines in average hours, because manufacturing em ployment grew more in these two countries than it did in the United States. In Japan, for example, total hours grew at a rate 3.5 percent per year, due to employment growth of 4 percent per year, which swamped a decline in average hours of 0.4 percent per year. Hourly compensation and unit labor costs. Before 1973, the average rate of unit labor cost growth in the United States was 2.6 percent per year, which was below the growth rates of most of the other G-7 countries, expressed in their national currencies. (See table 1.) Only Canada, Japan, and Germany had unit labor cost increases similar to or lower than the rate for the United States. However, the factors which resulted in these relatively moderate unit labor cost increases differed among these four countries. Modest hourly compensation increases were the main reason for the moderate growth in U.S. unit labor costs during this period. Before 1973, the hourly compensation increase in U.S. manufacturing was the lowest among the G-7 countries, at 5.3 percent per year. Only Canada experienced hourly compensation increases roughly close to the United States, whereas hourly compensation in the European countries and in Japan grew much more. In Japan and Germany, high hourly compensation growth rates were offset by high productivity growth rates. Both hourly compensation and productivity growth rates in these two countries were considerably higher than the rates in the United States. For example, Japan’s hourly compensation growth before 1973 was more than twice the U.S. rate, but its productivity gains were almost four times those o f the United States. Unit labor costs increased more in the other European countries, because those countries were unable to match rising hourly compensation with adequate productivity gains. Comparing unit labor cost trends during this period in U.S. dollars, the United States was able to improve its competitive position against all countries except Canada. Athough Japan’s and Germany’s unit labor cost increases (denominated in their national currencies) were similar to or lower than the U.S. increases, their strong currency appreciation raised their unit labor costs denominated in U.S. dollars considerably, weakening their competitive positions. Exchange rate movements had only a minor impact on the unit labor costs of the other countries during this period. The 1973-90 period Output, labor input, and labor productivity. The period following 1973 was characterized by inflationary pressures, including large increases in hourly com pensation in manufacturing, and by a slowdown in manufacturing output. 56 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 Chart 2. Manufacturing labor productivity in foreign countries relative to that in the United States, 1950-2000 Ratio: Competitors/United States (1973 = 1.00) 1.4 1.2 0.8 - 0.6 - 0.4 0.2 C h a rt 3. Manufacturing unit labor costs in foreign countries, relative to those in the United States, 1950-2000 (U.S. dollar basis) Ratio: Competitors/United States https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (1973 = 1.00) 3 2.5 1.5 0.5 M onthly Labor Review June 2002 57 U.S. and Foreign Labor Productivity Also during this period, manufacturing employment and hours worked stopped growing and then declined in all regions. After 1973, U.S. manufacturing productivity continued to increase at roughly the same rate as in the earlier period, as was the case in the United Kingdom. In comparison, the rate o f productivity growth fell noticeably in the other G-7 countries during this period.8 Labor productivity grew by 2.8 percent per year on average in the United States over the entire 1973-90 period, which was still below the cor responding growth rates in Japan and Europe G-4 (table 1). The German and Japanese productivity increases of the 1973-90 period were less than half of their pre-1973 average annual growth rates. M anufacturing output growth slowed in each o f the regions compared, during the 1973-90 period. (See chart 1, panel 2.) The U.S. output growth rate slowed by more than 1 percentage point, but Japan and Europe G-4 experienced pronounced slowdowns in output growth after 1973. In Japan, the manufacturing output growth rate declined by 10 percentage points and in Europe G-4 the output growth rate fell by almost 5 percentage points. Among the Europe G-4 countries, Germany experienced the sharpest slowdown in output growth— falling from 7.6 to 1.4 percent per year. Furthermore, the output growth rate in Canada slowed by 3 1/2 percentage points. The slowdown in manufacturing output among the G-7 countries was accompanied by declines in total hours worked (table 1). In the United States, total hours worked in manufacturing fell by 0.3 percent per year during the 1973-90 period, due to a slight fall in employment and no change in average hours worked. In contrast, the decline in total hours in Europe G-4 was due to decreases in employment and declines in average hours worked. The average annual rates o f decline o f employment among the Europe G-4 countries ranged from 0.4 percent in Italy to 2.4 percent in the United Kingdom. As a result, by 1990, manufacturing employment was 7 percent below its 1973 level in Italy, and 33 percent below the 1973 level in the United Kingdom. This fall in employment was accompanied by a steady decline in average hours worked, resulting in an average decline in total hours worked in Europe G-4 of 1.7 percent per year between 1973 and 1990. Total hours worked also fell in Japan, even though Japan was the only G-7 country to experience employment growth during this period, because average hours worked decreased more than employment increased. Total hours worked in Canada also declined due to a fall in average hours worked combined with stagnating employment. Within the 1973-90 interval, three subperiods deserve special attention: 1973-79,1979-85, and 1985-90. At the end of the first subperiod, 1979, the United States, Canada, France, and Germany, reached local cyclical peaks in manufacturing output. Also in that year, the Iranian revolution erupted, 58 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 followed by a sharp increase in the price of crude oil — 126 percent. After 1979, the U.S. dollar strengthened against most other currencies. The second subperiod, 1979-85, ended with the “Plaza Accord,” which included an international agreement to lower the value of the U.S. dollar. As a result, most currencies strengthened against the dollar during the third subperiod, 1985-90. Exchange rates are a major factor in determining unit labor costs denominated in U.S. dollars, and therefore directly affect the international competitiveness of a country’s manufactures. Output, hours, and productivity trends in manufacturing varied among the three subperiods of the 1973-90 interval. U.S. manufacturing output grew at approximately the same rate in each of three subperiods examined, ranging between 2 percent and 3 percent per year. (See table 2.) In contrast, two European countries experienced a drop in output during some of the subperiods, reducing their overall output growth. In the United Kingdom, output fell during the first two sub periods (1973-79, 1979-85) before rebounding during the third subperiod (1985-90). Output in France fell in the second subperiod (1979-85). The United States experienced moderate employment growth during the first subperiod (1973-79) followed by declines in employment during the second and third periods (1979-85, 1985-90). Japan had the opposite experience, its employment falling during the first subperiod followed by employment growth during the second and third subperiods (table 2). France and the United Kingdom experienced a drop in employment in all three subperiods. Hourly compensation and unit labor costs. During 197390, U.S. unit labor costs rose by 4.1 percent per year—faster by more than a third from the preceding period—due to larger hourly compensation increases that were not accompanied by faster productivity growth. (See chart 1, panel 6.) Still, the U.S. increase in unit labor costs was smaller than the increase for most G-7 countries, when measured in national currency units. The average annual increases in unit labor costs o f the other G-7 countries more than doubled during this period, so that the U.S. increases were noticeably smaller by comparison. Only the two countries that had been able to reduce the rate of their hourly compensation increases during this time period— Germany and Japan—had smaller increases in manufacturing unit labor costs (table 1). In the 1973-90 period, which was marked by high inflation following the first and second oil crises, hourly compensation increases accelerated considerably in most countries. N evertheless, the spurt in U.S. m anufacturing hourly compensation increases was among the most moderate. Most competitors experienced greater increases in hourly compensation, especially Italy and the United Kingdom (table 1). Only two countries, Germany and Japan, were able Table 2. Average annual rates of change in manufacturing labor productivity and related measures, G-7 countries, selected periods, 1973-90 Unit labor costs Period and country Output per hour Output Total hours Employment Average hours Hourly compensation National currency U.S. dollars Exchange rate 1973-79 United S ta te s ............ C a n a d a ..... Japan ....... Europe G-4 France ... Germany It a ly ...... United K in g d o m .... 2.6 2.1 4.6 3.8 4.5 4.2 5.3 1.1 2.9 2.3 2.5 2.3 2.6 1.7 5.5 -.7 0.3 .2 -2.0 -1.5 -1.8 -2.4 .2 -1.8 0.8 .5 -1.6 -.6 -.9 -1.6 1.4 -1.4 -0.4 -.3 -.4 -.9 -1.0 -.8 -1.1 -.5 9.7 12.4 12.8 16.6 15.8 9.2 22.0 19.4 6.9 10.0 7.8 12.4 10.9 4.8 15.9 18.1 6.9 7.2 11.8 11.9 11.6 11.4 9.2 15.3 -2.6 3.7 -.3 .7 6.3 -5.8 -2.4 3.5 3.4 3.5 3.3 3.0 2.1 3.5 4.4 2.2 1.9 4.7 -.1 -.4 .2 .9 -1.2 -1.2 -1.5 1.1 -3.2 -3.3 -1.9 -2.5 -5.3 -1.4 -1.3 1.2 -2.6 -2.3 -1.1 -2.3 -4.6 .2 -.2 .0 -.7 -1.0 -.8 -.1 -.8 7.2 9.1 4.7 11.7 12.8 6.0 15.9 12.2 3.6 5.5 1.1 8.2 9.5 3.8 12.0 7.5 3.6 2.8 -.3 -2.7 -3.3 -4.1 -2.5 -1.0 -2.5 -1.5 -10.0 -11.7 -7.6 -12.9 -7.9 2.4 .5 4.3 3.1 3.4 2.1 2.4 4.6 2.5 1.8 4.8 2.9 2.6 2.3 3.2 3.4 .0 1.3 .5 -.2 -.8 .2 .8 -1.2 -.1 1.2 .8 -.2 -.9 1.1 -.2 -.9 .1 .1 -.3 .0 .1 -.9 1.0 -.3 3.9 4.2 4.6 6.6 4.5 5.0 7.4 9.4 1.4 3.7 .3 3.3 1.0 2.8 4.8 4.5 1.4 7.0 10.8 13.5 11.6 15.9 15.1 11.4 3.2 10.5 9.9 10.5 12.7 9.8 6.6 1979-85 United S ta te s ............ C a n ad a..... Japan ....... Europe G-4 France ... Germany It a ly ...... United K in g d o m .... 1985-90 United S ta te s ............ C a n ad a..... Japan ....... Europe G-4 France ... Germany I t a ly ...... United K in g d o m .... to resist this trend, and to lower their hourly compensation growth rates. The hourly compensation growth rate in the Japanese manufacturing sector declined by more than a third from its pre-1973 growth rate. (See chart 1, panel 5.) These high hourly compensation growth rates decelerated markedly after 1979, however. Between 1973 and 1979, manufacturing hourly compensation in the G-7 countries increased by an average of 14.5 percent per year. This rate first slowed to 9.7 percent per year between 1979 and 1985, and then to 5.6 percent per year between 1985 and 1990 (table 2). In all three subperiods of the 1973-90 interval, U.S. manufacturing hourly compensation increased less than those of its major competitors, with the exception of Germany, in the 1973-85 period, and Japan, in the 1979-85 period. For all G-7 countries, the biggest increases in unit labor costs occurred between 1973 and 1979 (table 2). By the third period, 1985-90, unit labor cost increases for most countries had slowed down to rates lower than those in the 1950-73 period. Wide currency exchange rate fluctuations between 1973 and 1990 had a significant impact on unit labor costs denominated in U.S. dollars. The influence o f currency fluctuations was especially important in the 1979-85 period, when the U.S. dollar appreciated strongly against most https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis currencies, temporarily improving the competitive position of foreign manufacturers. Changes in currency values also had a major impact during the 1985-90 period, when the U.S. dollar depreciated sharply, thus reversing the competitive positions. Overall, after taking currency exchange rate movements into account, U.S. unit labor costs increased less than the unit labor costs in any other country during the 1973-90 period (table 1). The 1990-2000 period Output, labor input, and labor productivity. M anu facturing labor productivity grew at a higher rate in the United States than in Canada, Japan, and the average of Europe G-4, during the 1990s (table 1). In fact, U.S. manufacturing productivity attained its highest growth rates during the 1990s, increasing at an average annual rate o f 4.0 percent. This differs from the remaining G-7 countries, in which the highest productivity increases occurred before 1973. After slowing during the 1973-90 period, labor productivity growth made a partial recovery in Germany and France. However, productivity growth continued to slow in Japan, Italy, and the United Kingdom. (See chart 1, panel 1.) During the decade, M onthly Labor Review Ju n e 2002 59 U.S. an d Foreign Labor Productivity productivity growth was dominated by output increases in the United States and in Canada, and by reduced hours in Japan and in Europe G-4. Manufacturing output also grew at a faster rate in the United States than in other regions during the 1990s. The U.S. output growth rate during the 1990s exceeded its pre1973 growth rate. Output growth also partially recovered from the 1973-90 slowdown in Canada, France, and the United Kingdom. In contrast, output growth slowed even further during the 1990s in Japan, Germany, and Italy. (See chart 1, panel 2.) This slowdown was especially dramatic in Japan, where manufacturing output had achieved double-digit growth rates in the years before 1973, but grew at only 1 percent per year after 1990. The rate of output increase was larger in Canada during the 1990s than in Japan and Europe G-4, even though Canadian productivity growth was lower. This was largely due to an increase in total hours worked in Canada, whereas total hours worked declined in Japan and Europe G-4. Both m anufacturing employment and average hours worked declined in 4 of the 7 G-7 countries during the 1990s, with the United States, Canada, and the United Kingdom being the exceptions (table 1). The net result was that total hours worked fell in 6 o f the 7 G-7 countries. Only Canada experienced an increase in total hours. The negligible reduction in total hours worked in U.S. manufacturing was smaller than the corresponding decline in the remaining G-7 countries. This decline in manufacturing employment during the 1990s was a continuation of the decline which began after 1973. The United States, for example, experienced a drop in employment of 0.4 percent per year in the 1990s, slightly faster than the rate during the 1973—90 period. Japan recorded a decline in employment during the 1990s of a similar magnitude as the average for Europe G-4. Canada was the only G-7 country that did not experience a negative growth rate in employment during any of the periods (1950-73, 1973-90, and 1990-2000). (See chart 1, panel 4.) It has been widely noted that U.S. productivity growth in the manufacturing sector, and in the entire business sector as well, increased more in the latter half of the 1990s than in the earlier part of the decade. Therefore, for this analysis, the 1990s are divided into two 5-year segments. The acceleration in manufacturing productivity did not occur throughout the G-7 countries, however. (See table 3.) Only Japan and France experienced a speed-up of productivity growth in the latter half of the period, and those gains fell short of the 1.3 percentagepoint increase experienced by the United States. All of the countries except Italy experienced increases in output growth between the first and second half of the 1990s, but in all of these foreign countries total hours worked grew more, or fell more slowly, than they did in the earlier part of the period. 60 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 Hourly compensation and unit labor costs. Unit labor cost growth rates during the 1990s stand in marked contrast to the previous periods studied, because they were by far the lowest, and in some countries unit labor costs declined. This was due prim arily to a general slowdown in hourly compensation increases compared with previous periods, although productivity increases also played a part. The decline in U.S. unit labor costs during this period followed a decline in the hourly compensation growth rate by almost half, and a rise in the productivity growth rate by more than a third from the previous period. Japan and France were the only other countries to also achieve a decline in unit labor costs (table 1). All other competitors experienced only a deceleration in their unit labor cost increases. Although they were able to restrict hourly compensation growth to low levels, their productivity growth rates were lower still. (See chart 1, panel 6.) In the 1990s, hourly compensation growth in all G-7 countries was slower than that in any previous period in this analysis. Hourly compensation increases in U.S. manu facturing grew by 3.7 percent per year, and in Japan, Canada, and France hourly compensation increased even less (table 1). The other countries experienced slightly larger increases in hourly compensation. Overall, during the 1990s the U.S. dollar strengthened against the currencies of all the countries except Japan, especially after 1995. In the 1990-95 period, the U.S. dollar appreciated against the currencies of half the countries, but after 1995, the U.S. dollar appreciated against the currencies of all the countries. The result was that unit labor costs in most countries, measured in U.S. dollars, declined more than unit labor costs in the United States, particularly after 1995 (table 3). Other European countries Comparable data are available for five non-G-7 European countries: Belgium, the Netherlands, Sweden, Denmark, and Norway. The trends in manufacturing productivity and unit labor costs in these countries over the 1950-2000 period were, on the whole, similar to the corresponding trends in the Europe G-4 countries. (See table 4.) The greatest differences were in Norway. Denmark, Norway, Sweden, and the Netherlands all achieved their highest manufacturing productivity and output growth rates during the pre-1973 years. However, employment growth was offset by declines in average hours to the point that total hours worked either remained stable or declined in all four countries. Among the Europe G-4 countries, only the United Kingdom experienced a similar decline in total hours during the 1950-73 period. During the 1973-90 period, manufacturing productivity and output growth slowed in each of the non-G-7 European Table 3. Average annual rates of change in manufacturing labor productivity and related measures, G-7 countries, selected periods, 1990-2000 Unit labor costs Period and country Output per hour Output Total hours Employment Average hours 3.3 3.3 3.3 3.6 4.1 3.3 3.5 3.3 3.1 2.0 .4 .6 1.1 -.7 1.5 .5 -0.1 -1.3 -2.8 -2.8 -2.9 -3.9 -1.9 -2.8 -0.6 -1.5 -1.6 -2.9 -2.7 -4.2 -1.8 -3.1 0.4 .3 -1.3 .1 -.2 .3 -.1 .3 4.6 .9 3.9 2.6 4.2 2.6 1.1 2.3 4.4 4.7 1.7 1.6 2.9 1.3 1.2 1.0 -.2 3.8 -2.1 -.9 -1.3 -1.3 .1 -1.3 -.1 3.4 -1.9 -.5 -.4 -.8 .3 -1.1 -.1 .4 -.1 -.4 -.9 -.5 -.2 -.2 Hourly compensaton Exchange rate National currency U.S. dollars 3.5 3.7 3.7 5.4 3.7 6.5 6.0 5.4 0.2 .4 .4 1.8 -.4 3.0 2.4 2.0 0.2 -2.8 9.5 .7 1.3 5.6 -3.7 -.4 -3.2 9.1 -1.0 1.8 2.5 -6.0 -2.4 3.9 2.0 1.1 3.3 3.0 2.6 3.1 4.5 -.7 1.1 -2.6 .7 -1.2 -.1 1.9 2.2 -.7 -.5 -5.3 -4.3 -8.0 -7.6 -3.1 1.3 -1.6 -2.7 -5.0 -6.8 -7.5 -4.9 -.8 1990-1995 United S ta te s ............ C a n a d a ...................... Japan ........................ Europe G -4 ................ F r a n c e ................... G erm an y................ I ta ly ....................... United K in g d o m .... 1995-2000 United S t a te s ............ C a n ad a...................... Japan ........................ Europe G -4 ................ F ra n c e ................... G erm an y................ I ta ly ....................... United K in g d o m .... countries. Employment, average hours, and total hours worked declined in each country. Productivity gains in Belgium, Denmark, the Netherlands, and Sweden cor responded to increases in output and declines in hours worked. This was similar to what occurred in the Europe G-4 countries. Norway, in contrast, achieved a gain in manu facturing productivity even though output declined; hours worked declined at a faster rate than output. During the 1990s, the growth rate of manufacturing labor productivity in Sweden recovered to nearly its 1950-73 rate. However, productivity growth continued to slow in Belgium, the Netherlands, and Norway. Manufacturing employment continued to decline. Only Norway experienced an overall increase in employment and total hours worked during the 1990s. As was the case with Europe G-4, hourly compensation increases slowed during this period, and unit labor costs went up negligibly or declined in all the countries except Norway. Korea and Taiwan Trends of manufacturing productivity and unit labor costs for Korea and Taiwan are examined for the 1985-2000 period, because 1985 is the first year for which comparable data are available for both of these economies. To follow the underlying trends, this analysis divides the 1985-2000 interval into three equal 5-year subperiods (1985-90,1990-95, and 1995-2000). Manufacturing productivity. Over the final 15 years of the 20th century, manufacturing output and labor productivity in both Korea and Taiwan increased considerably more than https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis those in the United States, Japan, or Europe G-4. This was also true for each of the three subperiods. (Compare tables 5, 2, and 3.) Furthermore, during each subperiod, the respective increases in Korea were greater than those in Taiwan. Total hours worked in manufacturing declined in both economies between 1985 and 2000 by approximately the same proportion, but the timing o f these declines differed somewhat. In Korea, employment increased until 1990, and declined at an accelerating rate after that. After 1995, manufacturing employment in Korea was falling more than 3 percent per year, which was more than the rate in Japan. In Taiwan, employment declined slowly until 1995, then increased after that. In both economies, average hours worked dropped somewhat or remained unchanged. The growth in employment in Taiwan after 1995 was sufficient to produce a slight increase in total hours w orked. In comparison, the rate o f decline in total hours in Korea between 1995 and 2000 was greater than the declining rates in any other country compared. H ourly com pensation and unit labor costs. Hourly compensation in manufacturing rose more in Korea and in Taiwan than in either the United States, Japan, or Europe G-4 during 1985-2000. Again, this was true during each of the three subperiods. Hourly compensation in Korean manu facturing increased more than that in Taiwan during each subperiod; the differences in the respective growth rates being especially marked between 1990 and 1995, when hourly compensation increases moderated in Taiwan, but continued to accelerate in Korea. After 1995, the rate o f hourly M onthly Labor Review June 2002 61 U.S. and Foreign Labor Productivity Table 4. Average annual rates of change in manufacturing labor productivity and related measures, European non-G-7 countries, selected periods, 1950-2000 Period and country Unit labor costs Output per hour Output — 5.1 2.9 4.2 3.1 4.1 2.1 3.4 0.2 -.4 -.2 -.4 — — -.9 -.8 -.8 -.5 -.6 -.4 4.8 6.5 4.4 5.1 4.8 6.3 4.3 4.6 .0 -.3 -.1 -.5 1.2 .4 .6 .5 4.8 2.3 4.3 2.2 2.6 2.1 1.5 2.4 -.1 1.4 -2.6 -.8 -1.9 -2.2 -1.2 -2.2 -.4 -1.3 -1.6 -.9 3.3 — 3.1 .8 4.7 1.9 2.1 2.2 1.0 4.0 -1.3 — -.9 .3 -.7 -1.4 -.9 -.8 .3 -1.6 Total hours Employment Average hours Hourly compensation Exchange rate National currency U.S dollars 7.8 8.7 8.9 4.5 2.6 5.6 4.5 4.2 3.5 5.1 3.3 -0.3 .9 -.4 -1.1 -1.2 -.7 -.7 -.9 9.6 10.6 9.3 9.6 4.6 3.8 4.7 4.2 5.2 5.3 5.7 5.0 .6 1.4 .9 .8 -.4 -.4 -.6 -.7 -.3 8.6 9.3 6.4 10.4 10.9 3.6 6.8 2.0 8.1 8.1 4.5 6.6 4.6 7.5 6.1 .9 -.2 2.5 -.5 -1.8 .1 3.0 -.2 .7 .6 3.5 -.7 -2.9 -2.0 -2.1 .0 —4.9 -2.6 -2.6 -2.7 -3.4 -4.3 1950-2000 D e n m a rk ....................... N etherlands................... N orw ay.......................... S w e d e n ......................... — 1950-73 Denm ark........................ N etherlands................... N orw ay.......................... Sweden ......................... 1973-90 B elg iu m ......................... Denm ark........................ N etherlands................... N orw ay.......................... Sweden ......................... 1990-2000 B elg iu m ......................... Denm ark........................ N etherlands................... N orw ay.......................... Sweden ......................... — — -.1 .0 .9 3.7 4.3 4.1 N ote : Dash indicates data not available. Table 5. Average annual rates of change in manufacturing labor productivity and related measures, Korea and Taiwan, selected periods, 1985-2000 Unit labor costs Period and country Output per hour Output Total hours Employment Average hours Hourly compensation National currency U.S. dollars Exchan rate 1985-90 K o rea........................... Taiw an......................... 8.2 7.9 12.2 7.0 3.7 -.8 5.4 -.5 -1.6 -.4 15.6 11.5 6.9 3.4 11.1 11.8 3.9 8.2 9.7 5.3 8.4 5.0 -1.2 -.3 -.9 -.3 -.2 .0 18.2 7.1 7.8 1.7 6.0 2.0 -1.7 .3 11.6 5.5 8.0 5.7 -3.2 .2 -3.1 .5 -.1 -.3 7.3 4.0 -3.9 -1.5 -11.0 -7.3 -3.3 1990-95 K o rea........................... Taiw an......................... 1995-2000 K o rea........................... Taiw an......................... compensation increases declined in both economies, the average annual increases in Taiwan being similar to the increases in U.S. manufacturing. Before 1995, the relatively large hourly compensation increases in Korea and Taiwan caused their unit labor costs, expressed in national currencies, to increase more than the unit labor costs in the United States or Japan. This occurred despite the higher productivity growth rates in Korea and 62 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 -4 .7 Taiwan. From 1985 to 1990, the competitive position of both economies was further undermined by the appreciation of their currencies against the U.S. dollar. A fter 1995, the more m oderate growth in hourly compensation, and continued productivity increases, led to declines in unit labor costs in both economies, which were further reduced by the depreciation o f both currencies against the U.S. dollar. n Notes 1 Karin Wagner and Bart Van Ark, eds., International Productivity D ifferences; M easurement and Explanations (Amsterdam, The Netherlands, Elsevier Science B.V., 1996). 2 Paul Schreyer, “The C ontribution of Information and Communication Technology to Output Growth: a Study of the G7 Countries,” o e c d , s t i Working Paper 2000/2 (March 2000). 3 Edwin R. Dean and Mark K. Sherwood, “Manufacturing costs, productivity, and competitiveness, 1979-93,” Monthly Labor Review, October 1994, pp. 3-16. 4 The Group of Seven (G-7) consists of the seven major market economies. It was launched in 1975 at a summit of the heads of state of six countries (United States, France, Germany, Italy, Japan, and the United Kingdom). Canada was included in 1976. Representatives of the G-7 countries meet annually to discuss the principal political and economic issues of the day. Because Russia has taken part in the annual economic discussions since 1997, the group is now often referred to as the G-8. 5 Average annual growth rates of the various measures, for selected time periods, are shown on the accompanying tables and charts. The complete historical index series of the measures can be found in b l s Report 962, “International comparisons of labor productivity and unit labor costs in manufacturing, 2000,” April 2002. b l s Report 962 is also available at the b l s Division of Foreign Labor Statistics Web site at: http://www.bls.gov/fls/home.htm. The U.S. m anufacturing output index for years prior to 1977 is accessible through the b l s Web site at: http://w w w .bls.gov/data/sa.htm APPENDIX: 6 The Ministers of Finance and Central Bank Governors of five countries (France, Germany, Japan, the United Kingdom, and the United States) met on September 22, 1985, at the Plaza Hotel in New York, to review economic developm ents and policies in their countries. The results of their meeting were summarized in an agreement, known as the “Plaza Accord.” In particular, they noted that the “appreciation of the U.S. dollar” was among the factors that have “contributed to large, potentially destabilizing external imbalances among major industrial countries” and that an “ap preciation of the main nondollar currencies against the dollar is desirable. They stand ready to cooperate more closely to encourage this when to do so would be helpful.” For further information, access the University of Toronto Library and the G8 Research Group at the University of Toronto Web site at: http://www/.library.utoronto.ca/g7/finance/fm850922.htm. 7 The measure of hourly compensation used in this study refers to employer cost rather than to the net compensation of employees. In addition to payments to employees, it includes legally required contributions for social benefits. For this reason, and also because differences in national inflation rates are not taken into account, differences in hourly compensation growth do not necessarily reflect changes in relative workers’ well-being. 8 As discussed earlier, the U.S. output series was derived by linking at 1977 two output series based on two different concepts. The official manufacturing labor productivity series for the United States, based on sectoral output, shows an increase o f 2.6 percent per year for 1950-73 and 2.5 percent per year for 1973-90. Measuring productivity and unit labor cost trends in manufacturing T h e co m p a ra tiv e m ea su res o f labor p rod u ctiv ity and un it labor c o sts d isc u sse d in th is article are b ased on u n d erlyin g data o btained b y the B ureau o f L abor S ta tistics from the statistical a g e n c ie s o f the cou n tries that are com pared, b l s attem pts, to the exten t p o ssib le, to in su re that the data series u sed to ca lcu la te the m easu res h ave co m p arab le d e fin itio n s, co v era g e, and reliability. W hen n ecessary, d iffe re n t data se r ie s are c o m b in e d to arrive at a g g r eg a te s that corresp o n d to the required d e fin itio n s and co v erage. H ow ever, certain d ifferen ces rem ain, su ch as the w a y s cou n tries aggregate the c o m p o n e n ts o f output, or in the m eth od s u sed to ca lcu late price d efla to rs for in form ation te c h n o lo g y produ cts. L abor p ro d u ctiv ity is d efin ed as real outp ut per hour w orked. A lth o u g h the labor p ro d u ctiv ity m easure presented in this article r e la te s o u tp u t to th e h o u r s w o r k e d o f p e r s o n s e m p lo y e d in m anu factu rin g, it d o e s n ot m easure the s p e c ific con trib u tion s o f labor as a sin g le fa cto r o f p rod u ction . Rather, it reflects the jo in t e f fe c t s o f m a n y in flu e n c e s , in c lu d in g n e w te c h n o lo g y , cap ital in v estm en t, ca p a city u tiliza tio n , en ergy u se, and m anagerial sk ills, as w e ll as th e s k ills and efforts o f the w ork force. U n it labor c o sts are d efin ed as the c o st o f labor input required to p r o d u c e o n e u n it o f o u t p u t . T h e y are c o m p u t e d a s la b o r co m p en sa tio n in n o m in al term s, d iv id ed by real output. b l s con stru cts com parative trend in d ex es o f m anufacturing labor p rod u ctivity, h o u rly co m p en sa tio n c o sts, and un it labor c o sts from three b a sic aggregate m easures— output, total labor hours, and total c o m p e n sa tio n . T h e h ou rs and c o m p e n sa tio n m ea su res refer to https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis e m p lo y e e s o n ly (w a g e and salary earn ers) in B e lg iu m , D enm ark, Italy, and T aiw an. For all other cou n tries, the m easu res refer to all em p lo y ed p erson s, in c lu d in g e m p lo y ee s, s e lf-e m p lo y e d p erso n s, and u n p aid fa m ily w o rk ers. F or all o f th e c o u n tr ies, th e term “hou rs” refers to hou rs w orked. In general, the m easu res relate to total m anu factu ring as d efin ed by th e In ter n a tio n a l S tan d ard In d u stria l C la s s if ic a t io n ( isic). H ow ev er, the m easu res for D enm ark in clu d e m in in g and e x clu d e m anu factu ring han dicrafts from 1 9 6 0 to 19 6 6 . T he co m p arison s in th is article m ake u se o f data m ade av a ila b le to b l s as o f N o v e m b e r 2 0 0 1 by th e sta tistic a l a g e n c ie s o f th e in d ivid u al cou n tries. For so m e cou n tries, the data for th e m o st r ec en t y e a rs are b a sed on th e E u ro p ea n S y s te m o f In teg ra ted N a tio n a l A c co u n ts ( e s a 9 5 ) or on the U n ited N a tio n s S y stem o f N a tio n a l A c co u n ts 1993 ( s n a 9 3 ). For other cou n tries, data w ere c o m p ile d a cco rd in g to p r e v io u sly u sed sy stem s. To obtain h istorical tim e series, b l s m ay lin k togeth er data series w h ich w ere co m p ile d accord in g to d ifferen t a cco u n tin g sy stem s b y the c o u n tr ies’ statistical a g e n c ie s. Output. In th is article, m anu factu ring outp ut data for the U n ited States from 1 9 7 7 forw ard are the g r o ss p rodu ct orig in a tin g (v a lu e add ed ) m easu res prepared by the B ureau o f E c o n o m ic A n a ly s is ( b e a ) o f the U .S . D epartm en t o f C om m erce. U . S. g r o ss produ ct o r ig in a tin g is a ch a in -ty p e a n n u a l-w e ig h ted s e r ie s .1 F or y ea rs b e fo r e 1 9 7 7 , U .S . o u tp u t g r o w th is b a s e d o n g r o w th o f th e M onthly Labor Review June 2002 63 U.S. and Foreign Labor Productivity m a n u fa c tu r in g o u tp u t s e r ie s th a t b l s p u b lis h e s o n q u a rterly m ea su res o f U .S . p ro d u ctiv ity and c o sts. T h e quarterly m easu res are o n a secto ra l ou tp u t b a s is rather than a v a lu e -a d d e d b a sis. S ectoral o utp ut is g r o ss outp ut le s s intra-sector sa les and transfers.2 T h ese tw o series are lin k ed at 1 9 7 7 . B e fo re lin k in g the tw o tim e s e r ie s , th e ir m o v e m e n ts w e r e c o m p a r ed o v e r th e 1 9 7 7 - 2 0 0 0 interval. It w a s fo u n d that the tw o series h a v e sim ilar lon g-term tren ds, and that their ann ual flu ctu a tio n s u su a lly are in th e sam e d irectio n , but can differ su b stan tially in m agn itu d e. A v a lu e -a d d e d c o n c e p t h a s b e e n u s e d for th e in tern ation al c o m p a riso n s series b e c a u se the data are m ore read ily a v a ila b le in th e c o u n tr ies’ n ation al acco u n ts, w h ereas sectoral outp ut w o u ld req uire a c o m p le x estim a tio n proced ure. A lso , alth ou gh b l s has d eterm in ed that sectoral ou tp u t is th e correct c o n c e p t for U .S . m ea su res o f sin g le factor p ro d u ctiv ity (ou tp u t per hou r), there are oth er c o n sid e r a tio n s that m ay m ake v a lu e add ed a better co n c ep t for intern ation al co m p arison s, su ch as d ifferen ces a m on g cou n tries in th e ex ten t o f vertical integration. F or m o st co u n tries, th e ou tp u t m easu res are v a lu e ad d ed in m an u factu rin g from the n ation al acco u n ts. H o w ev er, outp ut for Japan prior to 1 9 7 0 and for th e N e th e rla n d s prior to 1 9 6 0 are in d e x e s o f industrial p rod u ction . T h e m anu factu ring v a lu e-ad d ed m ea su res for th e U n ited K in g d o m are e sse n tia lly id en tica l to their in d ex e s o f industrial prod u ction . E stim a tio n o f m an u factu rin g real outp ut u sin g m o v in g price w e ig h ts is b e c o m in g prevalent. F or ex a m p le, the outp ut m easure for m an u factu rin g in th e U n ited S tates is the ch a in -w eig h ted in d ex o f real g ro ss p rod u ct origin atin g, b ased on an n u ally ch a n g in g price w e ig h ts. H o w e v er , e v en w h en c h a in -w e ig h tin g is in trod u ced in a country, m any earlier tim e p erio d s w ith in a h isto rica l real output se r ie s m ay co n tin u e to b e estim ated u sin g fix e d price w e ig h ts, w ith the w e ig h ts u p dated p erio d ica lly (for e xam p le, every 5 or 10 years). M easu res o f real output m ay a lso differ am on g cou n tries b ecau se o f d ifferen t ap p ro a ch es to estim a tin g the p rices o f h ig h -te c h n o lo g y p rod u cts lik e com p u ters and, in gen eral, o f p rod u cts that un dergo r a p id q u a l it y c h a n g e . P o s s i b l e m e a s u r e m e n t p r o b le m s in co m p a ra tiv e e stim a tes o f m an u factu rin g p rod u ctivity, arisin g from th e e f fe c t o f q u a lity -a d ju ste d p r ic e in d e x e s , as w e ll as o th er m easurem ent issu e s w ere exam in ed for the case o f the U n ited States and C an ada in a paper b y E ld rid ge and S h erw o o d .3 T h ey fou n d that m easu rem en t d ifferen ces d o n ot ex p la in the d ifferen ces o b served in m an u factu rin g p ro d u ctiv ity for th e se tw o cou n tries b etw een 1 9 8 8 — 9 8 . It is th e ca se, h o w ev er, that the U n ited S tates and C anada u se sim ila r m e th o d o lo g ie s to estim a te p rice in d e x e s for com p u ters, a lth o u g h the m ea su rem en ts o f other h ig h -tech p rod u cts vary. T h e oth er co u n tries com p ared in th is article vary w id e ly in the m eth o d s u sed to quality-ad ju st the price in d ex es o f h ig h -tech n o lo g y produ cts, b l s is currently co n d u ctin g a r ev iew o f the m eth o d s u sed in th e fo reig n co u n tries. L abor input. T he a ggregate hou rs w ork ed series u sed for F rance (fro m 1 9 7 0 forw ard ), N o rw a y , S w e d e n , and C an ada are se r ie s p u b lish ed w ith the n ational accou n ts. For the form er W est G erm any after 1 9 5 9 and G erm an y from 1 9 9 1 , b l s u s e s a g g reg a te h ou rs w ork ed , w h ich w ere d ev elo p ed b y a research institute o f the Germ an M in istry o f L abor to u se w ith the n ation al a cco u n ts em p loym en t fig u res. F or th e U n ite d K in g d o m from 1 9 9 2 , an in d ex o f total m a n u fa ctu rin g h o u rs is u sed , d eriv ed from p u b lish e d quarterly in d ic es o f m an u factu rin g hours. For other cou n tries, the U n ited K in g d o m b efo re 1 9 9 2 , and th e form er W est G erm any b efo re 19 5 9 , b l s c o n s t r u c t s i t s o w n e s t i m a t e s o f a v e r a g e h o u r s , u s in g e m p lo y m en t fig u res p u b lish ed w ith the n ation al a ccou n ts, or other 64 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 co m p reh en sive em p loym en t series, and estim ates o f average annual hou rs w ork ed . For th is article, Italian e m p lo y m en t is b a sed o n a n e w series o f the num ber o f e m p lo y ee s in m anufacturing, instead o f on labor u n its, as in p rev io u s releases. T he n e w estim a tes o f total hou rs w ork ed in th e m anu factu ring secto r in K orea from 1 9 8 5 to 2 0 0 0 are b a sed o n an e m p lo y ed p e r so n s’ series and an average annual hou rs w ork ed series. T h e data are prepared b y th e K orean P rod u ctivity C enter ( k p c ) acco rd in g to th e S y stem o f N a tio n a l A c co u n ts 1993 ( s n a 9 3 ). T h e resu ltin g hours w ork ed series is the sam e that the K orean P rod u ctivity C enter u s e s to c a lc u la t e m a n u fa c tu r in g p r o d u c t iv it y . T h e K o r e a n P ro d u ctiv ity C enter p u b lish e s th e e m p lo y ed p erso n s series, th e average hours series, and the aggregate hours series as in d ex es in the K orean Q u arterly P rodu ctivity Review . T h e n e w e s t i m a t e s o f a g g r e g a t e h o u r s w o r k e d in t h e m anu factu ring secto r in T aiw an from 1973 to 2 0 0 0 are b ased o n the num ber o f e m p lo y e e s and average annual h ou rs w o rk ed data from th e m o n th ly “E m p lo y e e s ’ E a rn in gs S u r v e y ” c o n d u c te d b y th e T aiw an D irectorate G en eral o f B u d g et A c co u n tin g and S ta tistics ( d g b a s ) . T h e su rvey c o v ers all esta b lish m en ts w ith tw o or m ore e m p lo y e e s in th e e n tire territo ry o f T a iw a n . T h e r e s u lts are p u b lish ed in th e T aiw an Yearbook o f E arnings a n d P rodu ctivity Statistics. Com pensation (labor cost). T h e co m p en sa tio n m easu res are from n a t io n a l a c c o u n t s d a ta . C o m p e n s a t io n i n c lu d e s e m p lo y e r expenditures for legally required insurance program s and contractual and private b en efit p lan s, in ad d ition to all p aym en ts m ad e in cash or in k in d directly to e m p lo y ee s. F or C anada, France, and S w ed en , b l s in c re a se s c o m p e n sa tio n to a c co u n t for ta x e s on p a y ro ll or em p loym en t. F or the U n ited K in g d o m , c o m p en sa tio n is red u ced b etw een 196 7 and 1991 to accou n t for su b sid ies. W h en data for the se lf-em p lo y e d are n ot ava ila b le, total c o m p en sa tio n is estim a ted by a ssu m in g th e sam e h o u rly c o m p e n sa tio n for s e lf-e m p lo y e d and e m p lo y ees; in th is article, th is proced ure is u sed for the first tim e to adju st K orean m anu factu ring c o m p en sa tio n to an a ll-p erso n s basis. D ata f o r Germ any. T h e G erm an F ed eral S tatistical O ffic e b eg a n to p u blish eco n o m ic statistical series for u n ified G erm any b eg in n in g w ith 1 9 9 1 , after th e re-u n ifica tio n o f G erm any. F or prior y ears, o n ly data for the form er W est G erm any w ere a v a ila b le. In th is article, the data series for G erm any are for the form er W est G erm any for years b efore 1 9 9 1 , and for u n ifie d G erm any b e g in n in g w ith 1991. T h e se series are lin k ed at 1991. Current indicators. T h e m easu res for recen t years m ay b e b a sed o n current in d ic a to rs o f ou tp u t (su c h a s in d u stria l p r o d u ctio n in d ex e s), em p lo y m en t, average hou rs, and h ou rly co m p en sa tio n u n til n ation al acco u n ts and other statistics, n orm ally u sed for the long-term m easures, b e co m e availab le. L e v e l c o m p a riso n s. T h e b l s m e a su r e s are lim ite d to tren d c o m p a r is o n s , b l s d o e s n o t p r e p a r e l e v e l c o m p a r is o n s o f m anu factu ring p rod u ctivity and u n it labor c o sts b e c a u se o f data lim ita tio n s and te c h n ic a l p r o b le m s in co m p a r in g th e le v e ls o f m an u factu rin g ou tp u t a m o n g co u n tries. E ach cou n try m ea su res m a n u fa ctu rin g ou tp u t in its o w n cu rren cy u n its. To co m p a re ou tp u ts am o n g co u n tries, a co m m o n u n it o f m easu re w o u ld b e n eed ed . M arket e x ch a n g e rates are n ot su ita b le as a b a s is for com p arin g outp ut le v e ls. W hat is n eed ed are p u rch asin g p o w er parities, w h ich are the num ber o f fo reign currency u n its required to b u y g o o d s and se r v ic es eq u iv a len t to w h at can b e b o u g h t w ith on e un it o f U .S . currency. P u rch a sin g p o w er p arities are ava ila b le for total g ro ss d o m estic p rod u ct ( g d p ) from th e O rgan ization for E c o n o m ic C oop eration and D e v e lo p m e n t ( o e c d ) . H o w ev er, th ese parities are d erived for ex p en d itu res m ad e b y co n su m ers, b u sin e ss, and g overn m en t for g o o d s and se r v ic e s— n o t for v a lu e add ed b y industry. T herefore, th e p a r itie s fo r to ta l g d p are n o t su ita b le for e a ch c o m p o n e n t industry, su ch as m an u factu ring. E uropean exchange rates. O n Jan. 1 ,1 9 9 9 ,1 1 E uropean countries jo in e d th e E uropean M on etary U n io n ( e m u ). G reece jo in e d on Jan. 1, 2 0 0 1 . C u rren cies o f E uropean M on etary U n io n m em b ers are estab lish ed at fix ed co n v ersion rates to the euro, the o fficial currency o f th e E u ro p ea n M o n etary U n io n . E x c h a n g e rates b e tw e en the n ation al cu rren cies o f E uropean M on etary U n io n cou n tries and the U .S . d ollar are n o lo n ger reported; o n ly the e x ch a n g e rate b etw een the euro and the U .S . d ollar is availab le. In this article, exchange rates for the year 200 0 , in national currencies for B elgium , France, Germany, Italy, and the Netherlands are calculated by taking the number o f euros per U .S . dollar and then converting euros into national currencies at fixed conversion rates. leu ro equals: 4 0 .3 3 9 9 6 .5 5 9 5 7 1 .9 5 5 8 3 1 ,9 3 6 .2 7 2 .2 0 3 7 1 B elg ia n francs F rench francs G erm an m arks Italian lire N eth erlan d s g u ild ers in 2 0 0 0 , 1 euro w a s equal to 0 .9 2 3 2 U .S . d ollars. T h e currency e x ch a n g e rates cited in th is p u b lica tio n are annual a v erages o f daily b u y in g rates in N e w York City. N o tes to the a p p e n d ix 1 For more information on the U. S. measure, see Sherlene K.S. Lum, Brian C. Moyer, and Robert E. Yuskavage, “Improved Estimates of Gross Product by Industry for 1947-98,” Survey o f Current Business, June 2000, pp. 24-38. 2 For information on sectoral output, see William Gullickson,“Meas https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis urement of productivity growth in U.S. manufacturing,” Monthly Labor Review, July 1995, pp. 13-28. 3 Lucy P. Eldridge and Mark K. Sherwood, “A perspective on the U.S.-Canada manufacturing productivity gap,” Monthly Labor Review, February 2001, pp. 31-48. M onthly Labor Review Ju n e 2002 65 Pré c is Nations and inequality One especially important international com parison is o f trends in wage inequality. DaronAcemoglu, in National Bureau of Economic Research Working Paper 8832, Cross-Country Inequality Trends, suggests that in addition to relative supply explanations for the faster rise of inequality in the United States and United Kingdom than in the rest of Europe, there may have been a d ifferen tial change in the relative demand for skills. Wage inequality and the return to education have risen quite quickly in the United States and Great Britain. The traditional relative supply accounting for this concludes that the relative supply o f skill rose faster in continental E urope and th at the wage setting in stitu tio n s o f E uropean w orkers resisted rises in wage inequality. That wage compression is the starting point for Acemoglu. Wage compression forces firms to pay higher wages to unskilled workers than they would otherwise. This creates greater incentive to adopt technologies that increase the productivity o f those workers, thus ra isin g relativ e dem and for th eir serv ices. In contrast, technology adoption in the United States is often ch a rac te rized as “ sk ill-b ia sed ”— oriented toward increasing the pro ductivity o f the highly-paid, highlyskilled worker. Factory life-cycles There is considerable churn in em ployment among and within establish ments; this has been well documented. Aubhik Khan, a senior economist at the Federal Reserve Bank of Philadelphia 66 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 writing in the Bank’s Business Review, examines some o f that literature and touches on two possible explanations for some of the patterns he finds. One measure of job churning Khan reports on is the excess of job creation and destruction over the rates necessary to produce the net change produced in the period. Such “excess job reallocation” varied both by size of establishment and the establishment’s age. In general, smaller plants had higher rates of both job creation and job loss than did larger plants and higher measures of reallocation of employment after backing out net growth. Similarly, younger plants had higher rates of job creation, destruction, and “excess reallocation” than did older plants. There are two explanations for these patterns o f em ploym ent volatility, according to Khan’s article. The first is a credit and collateral story: Larger plants have more collateral and thus more access to credit to smooth out demand fluctuations, at least in the short term. The other is a learning story: M anagers in younger (and usually smaller) plants are more responsive to new data on the profitability of the plant. This may lead to sharp adjustments in the early years of the plants life. As more data are accumulated over time, the influence of new pieces of evidence is attenuated to some degree. Kahn believes the two stories may be com plementary explanations of employment changes at the plant level. Multiple jobholding in C anada In 2001, according to annual average data from the Canadian Labour Force Survey, about 5 percent of workers in that country held more than one job during the survey’s reference weeks. (This estimate is quite similar to the annual average multiple jobholding rate produced for the United States by the Current Population Survey in 2001.) K atherine M arshall, w riting in the Statistics Canada publication P er sp ectives on L abour and Incom e, reports that the share of Canadians that experienced at least one spell of multiple jobholding during the year was double that, about 10 percent. Using longitudinal data from the Survey o f L abour and Incom e Dynamics, Marshall also was able to estimate durations of completed spells of multiple jobholding and analyze the characteristics of short-, medium-, and long-term multiple jobholders in 1996. The average first spell of “moonlighting” was 8 months. Of the 1.1 million multiple jobholders who completed a spell that began in 1996, a little less than a third started a second before 1999. The median gap between such spells was 9 months. The most striking dem ographic dimension among multiple jobholders in late-1990s Canada was the difference in age between those who moonlit for relatively short spells versus those who had longer spells of multiple jobholding. Short-term moonlighters tended to be younger—median age 27 years—while long-termers had a median age of 40 years. Marshall attributes this to dif fering motivations for holding more than one job: “Younger workers (under age 35) were most likely to state [in the 1995 Survey of Work Arrangements] either household expenses or debts as the main reason for holding more than one job, whereas older workers (45 and older) were more likely to answer that they enjoyed the work on the second job.” □ Book Reviews German-U.S. labor eco n o m ics Labor, Business and Change in Ger many and the United States. By Kristen S. Wever, ed. Kalamazoo, Ml, W.E. Upjohn Institute for Employ m ent R esearch, 2001, 177 pp., softcover. This collection of articles explores the feasibility of mutual learning ‘on the ground’ between two nations compet ing in a global market. It is the result of a 2-year German-American project. T he lead a rtic le by B att and Darbishire on telecommunications fur nishes an excellent lesson. They ar gue, like new institutionalists, that fail ure to place economics within a socio political setting is a barrier to cross national learning, thus giving overdue consideration for values other than those of the market. For example, they demonstrate that, in order to protect jobs, German work councils’ participa tion in industry decisions slowed ad aptation to the point o f never fully im plementing new telecom m unica tions technology. They contrast this to the U.S. abandonment of the implicit labor contract for which AT&T had been the prototype. Consequently, in lieu o f cost-cutting technology, Ger man market strategy focused on rev enue-enhancing, high-end products. In both countries, technological evo lution was challenging regulated mo nopolies. In Germany, telecommunica tions was an official state monopoly. Prior to its breakup, AT&Thad functioned as a quasi-official monopoly that subsi dized local phone service through its higher charges to business and long-dis tance customers. No less a market deci sion, local rates depended on political goodwill. Innovations allowed MCI and others to sell profitably, in the spread between AT&T’s long-distance and lo cal service, technologically advancing long-distance service. The U.S. setting required legal challenges to AT&T’s mo nopoly, which were successful. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The new era of competition follow ing the AT&T breakup had implications for organized labor. The authors con trast labor weakness as a social insti tution in the United States with the strong position of the aforementioned German worker representatives by pointing out the willingness o f the Communications Workers of America (CWA) to bargain on the effects only of management decisions. Consistently noting the welfare costs of downsizing in their analysis, the au thors assess the cost to post-breakup at&t, in the loss of skilled workers to the new industry and the lowered coop eration o f those who remained. The losses, consequently, involved substan tial investment in hiring and retraining. In another article, Finegold and Keltner provide a full inventory of train ing and educational resources for man agement development in the United States and Germany. They do not ad dress the corporatist structure of Ger man institutional constraints. In attrib uting rigidity to the State, for example, they might have discovered a more nuanced story in the fate of the adaptive com prehensive university, the Gesamthochschulen. The university establishment opposed this State re sponse to changing educational needs. C asper’s substantive article de scribes in telling detail the competitively driven response of the U.S. and German automobile manufacturers to the chal lenge of Japanese just-in-time (JIT) in ventory models. The problem was one of apportioning the high-cost risks of defective deliveries. Summaries cannot do justice to the wealth of information provided by Casper. German assemblers faced a law intended to protect the weaker small-business suppliers. They needed creative legal solutions. Ameri can manufacturers faced a lack of quali fied plant employees whose counter parts in Japan and Germany could in spect deliveries. The solution forced them to cooperate in developing a cross industry quality control statistical stan dard, which they found in a Defense De partment model. In each case, the insti tutions that served as instruments of ad aptation were modified by their applica tion to an economic challenge. The chapter by the editor of the vol ume, Kirsten Wever, together with Fichter and Turner, sums up implications for industrial relations in the two coun tries. Competitive disadvantages o f a higher average living standard on the German “high road” are contrasted to competitive advantages resulting from a more widely dispersed income distri bution on the American “low road.” They foresee trouble along the high road from the liberalizing effects of the EU on the German economy, while they hope for a more equitable solution in the United States from a strengthening union movement. The Bureau of Labor Statistics 2001 report on union member ship, however, gainsays their optimism. The collection breaks new ground in its integration of indepth research with masterly theoretical argument. The reader has the impression o f being plunged into the midst of change while being guided by a firm hand. — Solidelle Fortier Wasser New York region. Bureau of Labor Statistics E c o n o m ic e ffic ie n c y Economic Efficiency in Law and Eco nomics. By Richard O. Zerbe, Jr. Northampton, MA, Edward Elgar Pub lishing, Inc., 2001,328pp. $95/hardcover, $35/paperback. Economic Efficiency in Law and Eco nomics explains and defends Zerbe’s im proved version of benefit-cost analysis, which is used to assess the anticipated economic effects of a change, such as new legislation, a precedent-breaking court ruling, or the breakup of a mo nopoly. In both previous models and in M onthly Labor Review Ju n e 2002 67 Book Reviews Zerbe’s new “KHZ analysis,” predicted gains and losses to parties are assessed to determine whether a proposed change will result in a net overall gain or loss to society. If a net gain results, the eco nomic system becomes more “efficient.” Zerbe is well qualified to write such a book. He is a professor of public affairs at the Daniel J. Evans School of Public Affairs and an adjunct professor at the University of Washington Law School. He has authored or co-authored related articles and papers, as well as a textbook. Zerbe improves on previous versions of benefit-cost analysis by including the costs of transactions (sales of assets) that predictably will occur because of a change. The recognition of transactions costs is justifiable, as such costs are in deed among the consequences of a change in economic factors. Zerbe also recognizes the fact that people tend to value rights or posses sions they already have more than rights or assets they contemplate acquiring. A purely commercial asset, defined as one desired only for the income it can gener ate, is an exception to the rule and is valued equally whether one owns it or not. Thus, in estimating the effects of a transfer of a noncommercial asset, the analyst should recognize that the asset’s value to the old owner may differ from its value to the new owner. The subjec tive cost to the old owner in giving up the asset may exceed the subjective gain experienced by the new owner. Further more, perceived ownership—whether one believes one owns an asset or not— as opposed to objective ownership is relevant to how one values the property or right. Zerbe makes a convincing ar gument that perceived ownership should be entailed in benefit-cost analysis. Zerbe also emphasizes the “regard for others” as part of his analysis. The pref erences of the general public, as well as 68 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 those immediately affected by transac tions, should serve as a basis of some of the costs and benefits to be counted. Through the “regard for others,” KHZ analysis can entail societal demands for justice and concern for future genera tions. Zerbe does emphasize, however, that k h z analysis is not an infallible guide to the right course of action; in stead, KHZ analysis is a tool to provide information to be considered before a decision is made. Values to be counted in KHZ analysis are in terms of the amounts that parties would be willing to pay to acquire a right or possession, and amounts that parties would be willing to accept in exchange for a right or possession. No other means of quantification is apparently available, yet a certain weakness of KHZ analysis arises from that means of mea suring benefits and losses. Specifically, the wealth or poverty of a party can af fect the party’s ability to buy, or willing ness to sell, a possession or right. There fore, the values used in k h z analysis reflect the parties’ economic status as well as their desire or need for the com modity or right at issue. KHZ analysis, then, tends to favor the more affluent. This tendency is not much empha sized by Zerbe. He does mention that utility, as opposed to willingness to pay or to accept payment, cannot be quanti fied. Therefore, the problem is appar ently impossible to solve, as monetary amounts to be paid or received must be the terms used in KHZ analysis. Just the same, Zerbe might give greater empha sis to an apparently serious shortcom ing of KHZ analysis—that it tends to fa vor those who have greater assets. The “regard for others” as a factor in KHZ analysis may prevent blatantly unjust de terminations, but regard for others does not completely nullify the more favor able position of those who can more eas ily pay a certain amount to acquire an asset, gain a right, or change the law to their advantage. An additional criticism of KHZ analy sis can be made. While transactions costs are to be counted, “the costs of enact ing a rule change are not to be included in determining whether or not a new rule is efficient.” Because such costs are, by definition, costs, they logically ought to be included. Zerbe defends his decision to exclude such costs in a way that is somewhat difficult to interpret and ap parently not empirically tested. After briefly reviewing the history of benefit-cost analysis and revealing his new form of it, Zerbe criticizes the theory of market failure, arguing that KHZ analy sis is a much superior concept. He then goes on to apply KHZ analysis to issues including abortion, theft, rape, and sla very. He argues that societal changes— such as changes in technology, institu tions, or public sentiment—can make previously efficient rules inefficient in the sense that a more efficient set of rules becomes possible. Finally, he shows that the common law naturally arises in a manner such that it fosters economic efficiency. He illustrates his claim by analyzing the historic issues of dueling, cannibalism, and the 19th cen tury Gold Rush. Zerbe’s new book is high-powered and potentially important. Its style, how ever, is mostly dry and may be difficult for the layman to follow, despite the juicy illustrative topics. Economic Efficiency in Law and Economics is recommended for those who are particularly interested in the topic of economic efficiency, ei ther professionally or personally. —Bill Goodman Current Employment Statistics Division, Bureau of Labor Statistics C urrent Labor Statistics Notes on labor statistics 70 Labor compensation and collective bargaining data—continued Comparative indicators 1. L abor m arket in d ic a to r s ................................................................. 2. A n n u al and quarterly percen t ch a n g es in com p en sa tio n , prices, and p r o d u c tiv ity ............................ 3. A ltern ative m easu res o f w a g e s and com p en sa tio n c h a n g e s ................................................................ 82 83 83 Labor force data 4. E m p lo y m en t status o f the pop ulation, sea so n a lly a d ju s te d ..................................................................... 5. S e lec ted em p lo y m en t indicators, sea so n a lly a d j u s t e d ..................................................................... 6. S e lec ted u n em p lo ym en t indicators, sea so n a lly a d j u s t e d ..................................................................... 7. D u ration o f u n em p loym en t, sea so n a lly a d ju s te d ..................................................................... 8. U n em p lo y e d p erson s b y reason for u n em p loym en t, sea so n a lly a d j u s t e d ..................................................................... 9. U n em p lo y m en t rates b y se x and age, sea so n a lly a d ju s te d ..................................................................... 10. U n em p lo y m en t rates by States, sea so n a lly a d j u s t e d ..................................................................... 11. E m p lo y m en t o f w orkers b y States, sea so n a lly a d ju s te d ..................................................................... 12. E m p lo y m en t o f w orkers b y industry, sea so n a lly a d j u s t e d ..................................................................... 13. A vera g e w e e k ly hou rs b y industry, sea so n a lly a d j u s t e d ..................................................................... 14. A vera g e hou rly earn in gs by industry, sea so n a lly a d ju s te d ..................................................................... 15. A vera g e h ou rly earn in gs b y in d u str y ........................................ 16. A v era g e w e e k ly earn in gs b y in d u str y ...................................... 17. D iffu sio n in d ex e s o f em p loym en t change, sea so n a lly a d ju s te d ..................................................................... 18. E stab lish m en t siz e and em p loym en t covered under ui, private o w n ersh ip , b y m ajor in d u str y ................................ 19. A n n u al data estab lish m en t, em p loym en t, and w ages, co v ered u n less u i and u c f e , b y o w n e r s h ip ....................... 2 0. A n n u al data: E stab lish m en ts, em p loym en t, and w a g e s co v ered under u i and u c f e , b y S t a t e ............. 2 1 . A nnual data: E m ploym ent and average annual pay o f Ui- and uCFE-covered w orkers, b y largest c o u n t ie s ........ 2 2 . A n nu al data: E m p loym en t status o f the p o p u la tio n ......... 2 3 . A n n u a l data: E m p loym en t le v e ls b y in d u str y ...................... 24. A n nu al data: A verage hou rs and earnings lev el, b y in d u s tr y ................................................................................... 110 I ll 112 113 Price data 84 32. C on su m er P rice Index: U .S . city average, b y expenditure 85 33. C on su m er P rice Index: U .S . city average and 86 lo ca l data, all i t e m s .........................................................................117 34. A n nu al data: C on su m er P rice Index, all item s category and co m m od ity and service g r o u p s ................... 114 87 87 and m ajor g r o u p s ............................................................................ 118 35. P roducer P rice In d exes b y stage o f p r o c e s s in g ........................119 36. P roducer P rice In d exes for the net outp ut o f m ajor industry g r o u p s ............................................................................... 120 37. A nnual data: P roducer P rice In d exes 88 b y stage o f p r o c e s s in g .................................................................. 121 38. U .S . export p rice in d ex es b y Standard International 89 Trade C la s s ific a tio n ...................................................................... 122 89 39. U .S . im port p rice in d ex es b y Standard International Trade C la s s ific a tio n ...................................................................... 123 90 4 0 . U .S . export price in d ex es b y en d -u se c a te g o r y ....................... 124 41 . U .S . im port p rice in d ex es b y en d -u se c a t e g o r y .......................124 92 42 . U .S .in tem a tio n a l price in d ex es for selected categories o f s e r v ic e s .....................................................................124 93 94 95 96 97 98 99 100 104 105 105 Labor compensation and collective bargaining data 2 5 . E m p lo y m en t C o st Index, com p en sation , b y occu p a tio n and industry g r o u p ........................................ 106 2 6 . E m p lo y m en t C o st In dex, w a g e s and salaries, b y o ccu p a tio n and industry g r o u p ........................................ 108 2 7 . E m p lo y m en t C o st Index, b en efits, private industry w orkers, b y occu p ation and industry g r o u p .................... 109 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 28 . E m p loym en t C ost In dex, private nonfarm w orkers, b y bargaining status, region , and area s i z e ........................ 29 . P articipants in b en efit plan s, m ed iu m and large f ir m s ...... 30 . P articipants in b en efits plan s, sm all firm s and g o v e r n m e n t.................................................................................. 31. W ork stop p ages in v o lv in g 1 ,0 0 0 w orkers or m o r e ............. Productivity data 43 . In d exes o f productivity, hou rly com p en sation , and unit co sts, data sea so n a lly a d j u s t e d .............................. 125 44 . A n nu al in d ex es o f m ultifactor p r o d u c tiv ity ............................. 126 45. A n nu al in d ex es o f productivity, h ou rly com p en sation , unit costs, and p r i c e s ................................................................... 127 46 . A n nu al in d ex es o f output per hour for selected in d u str ies............................................................................................128 International comparisons data 47 . U n em p loym en t rates in n in e countries, data sea so n a lly a d ju ste d .............................................................. 131 48. A n nu al data: E m p loym en t status o f the civ ilia n w ork in g-age pop u lation , 10 c o u n tr ie s................................... 132 4 9 . A n nu al in d ex es o f p rodu ctivity and related m easures, 12 c o u n tr ie s .......................................................................................133 Injury and illness data 50. A n nu al data: O ccu p ation al injury and illn ess in cid en ce r a t e s ................................................................................134 51. Fatal occu p ation al injuries b y even t or e x p o su r e ........................................................................................... 136 M onthly Labor Review Ju n e 2002 69 Notes on Current Labor Statistics This section o f the R eview presents the prin cipal statistical series collected and calcu lated by the B ureau o f L abor Statistics: series on labor force; employment; unem ployment; labor compensation; consumer, producer, and international prices; produc tivity; international comparisons; and injury and illness statistics. In the notes that follow, the data in each group o f tables are briefly described; key definitions are given; notes on the data are set forth; and sources o f addi tional information are cited. G eneral notes The following notes apply to several tables in this section: Seasonal adjustment. Certain monthly and quarterly data are adjusted to eliminate the effect on the data o f such factors as cli matic conditions, industry production sched ules, opening and closing o f schools, holi day buying periods, and vacation practices, which might prevent short-term evaluation o f the statistical series. Tables containing data that have been adjusted are identified as “ seasonally adjusted.” (All other data are not seasonally adjusted.) Seasonal effects are es tim ated on the basis o f past experience. W hen new seasonal factors are computed each year, revisions may affect seasonally adjusted data for several preceding years. Seasonally adjusted data appear in tables 1 -1 4 ,1 6 -1 7 ,4 3 , and 47. Seasonally adjusted labor force data in tables 1 and 4 -9 were re vised in the February 2002 issue o f the R e view . Seasonally adjusted establishment sur vey data shown in tables 1 ,1 2 -1 4 and 16-17 were revised in the July 2001 R eview and reflect the experience through March 2001. A brief explanation o f the seasonal adjustment methodology appears in “Notes on the data.” Revisions in the productivity data in table 49 are usually introduced in the September issue. Seasonally adjusted indexes and per cent changes from m o nth-to-m onth and quarter-to-quarter are published for num er ous Consum er and Producer Price Index se ries. However, seasonally adjusted indexes are not published for the U.S. average AllItems CPI. Only seasonally adjusted percent changes are available for this series. Adjustments for price changes. Some data— such as the “real” earnings shown in table 14— are adjusted to eliminate the ef fect o f changes in price. These adjustments are made by dividing current-dollar values by the C onsum er Price Index or the appro priate component o f the index, then multi plying by 100. For example, given a current hourly wage rate o f $3 and a current price index number o f 150, where 1982 = 100, the 70 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis hourly rate expressed in 1982 dollars is $2 ($3/150 x 100 = $2). The $2 (or any other resulting values) are described as “ real,” “constant,” or “ 1982” dollars. C om parisons o f Unemployment, BLS B ulle tin 1979. Detailed data on the occupational injury and illness series are published in O ccu pa Sources of information tion al Injuries a n d Illnesses in the U nited States, by Industry, a BLS annual bulletin. Finally, the M on th ly L a b o r R eview car Data that supplement the tables in this sec tion are published by the Bureau in a variety o f sources. Definitions o f each series and notes on the data are contained in later sec tions o f these Notes describing each set o f data. For detailed descriptions o f each data series, see BLS H andbook o f M ethods, Bul letin 2490. Users also may wish to consult M a jo r P rogram s o f the Bureau o f L a b o r S ta tistics, Report 919. News releases provide the latest statistical information published by the Bureau; the major recurring releases are published according to the schedule appear ing on the back cover o f this issue. More information about labor force, em ployment, and unemployment data and the household and establishment surveys under lying the data are available in the B ureau’s monthly publication, E m ploym ent an d E arn ings. Historical unadjusted and seasonally adjusted data from the household survey are available on the Internet: http://www. bis. gov/cps/ Historically comparable unadjusted and sea sonally adjusted data from the establishment survey also are available on the Internet: http://www. bis. gov/ces/ Additional information on labor force data for areas below the national level are pro vided in the BLS annual report, G eographic Profile o f Em ploym ent a n d Unemployment. For a com prehensive discussion o f the Employment Cost Index, see Em ploym ent C ost Indexes a n d Levels, 1975—95, BLS B ul letin 2466. The most recent data from the Employee Benefits Survey appear in the fol lowing Bureau o f Labor Statistics bulletins: E m ployee B en efits in M edium a n d L a rg e F irm s; E m ployee Benefits in Sm all P rivate E stablishm ents; and E m ployee B enefits in State a n d L o ca l Governments. More detailed data on consum er and pro ducer prices are published in the monthly periodicals, The CPI D e ta ile d R e p o rt and P rodu cer P rice Indexes. For an overview o f the 1998 revision o f the C P I , see the Decem ber 1996 issue o f th e M onthly L a b o r Review. Additional data on international prices ap pear in monthly news releases. Listings o f industries for which produc tivity indexes are available may be found on the Internet: http://www.bls.gov/lpc/ For additional inform ation on interna tional comparisons data, see International June 2002 ries analytical articles on annual and longer term developments in labor force, employ ment, and unemployment; employee com pensation and collective bargaining; prices; productivity; international comparisons; and injury and illness data. Symbols n.e.c. = not elsewhere classified, n.e.s. = not elsewhere specified. p = preliminary. To increase the tim e liness o f some series, prelim inary figures are issued based on repre sentative but incomplete returns, r = revised. Generally, this revision reflects the availability o f later data, but also may reflect other ad justments. C o m p a r a t iv e Indicators (Tables 1-3) C om parative indicators tables provide an overview and comparison o f major BLS sta tistical series. Consequently, although many o f the included series are available monthly, all measures in these comparative tables are presented quarterly and annually. Labor market indicators include em ployment measures from two major surveys and information on rates o f change in com pensation provided by the Employment Cost Index (ECl) program. The labor force partici pation rate, the employment-to-population ratio, and unemployment rates for major de m ographic groups based on the C urrent Population (“ household”) Survey are pre sented, while measures o f employment and average weekly hours by major industry sec tor are given using nonfarm payroll data. The Employment Cost Index (com pensation), by major sector and by bargaining status, is cho sen from a variety o f BLS compensation and wage measures because it provides a com prehensive measure o f employer costs for hiring labor, not just outlays for wages, and it is not affected by employment shifts among occupations and industries. Data on changes in compensation, prices, and productivity are presented in table 2. M easures o f rates o f change o f com pensa- tio n and w a g e s fro m th e E m p lo y m e n t C o st In d e x p ro g ra m are p r o v id e d for a ll c i v i l ia n n o n fa r m w o r k e r s ( e x c l u d in g F ed era l an d h o u s e h o ld w o r k e r s ) an d for all p rivate n o n fa rm w o rk ers. M e a s u r e s o f c h a n g e s in c o n s u m e r p r ice s fo r all urban c o n su m er s; p r o d u c e r p r ic e s b y s ta g e o f p r o c e s s in g ; o v e r a ll p r ice s b y sta g e o f p r o c e s s in g ; and o v e ra ll e x p o r t and im p ort p rice in d e x e s are g iv e n . M ea su r es o f p rod u ctiv ity (o u tp u t per h o u r o f all p e r s o n s ) are p ro v id ed for m ajor se c to r s. Alternative measures of wage and com pensation rates of change, w h ich reflect the overall trend in labor c o sts, are su m m arized in table 3. D ifferen ces in co n cep ts and scop e, related to the sp ecific p u rp oses o f the series, contribute to the variation in ch a n g es am on g the ind ividu al m easures. Notes on the data D e fin itio n s o f ea ch series and notes on the data are con tain ed in later sectio n s o f th ese n o tes describ in g ea ch set o f data. E m p lo y m e n t a n d U n e m p lo y m e n t D a ta (T ables 1; 4 - 2 4 ) Household survey data Description of the series E mployment data in th is se c tio n are o b tained from the C urrent P opulation Survey, a program o f personal in terview s con d u cted m o n th ly by the B ureau o f the C en su s for the B ureau o f Labor Statistics. T he sam p le c o n sists o f about 6 0 ,0 0 0 h o u seh o ld s selected to represent th e U .S . population 16 years o f age and older. H o u seh o ld s are in terview ed on a rotating b a sis, so that th ree-fou rth s o f the sa m p le is th e sa m e for an y 2 c o n se c u tiv e m onths. Definitions Employed persons inclu de (1 ) all th ose w h o w o rk ed for pay a n y tim e during the w e ek w h ich in clu d es the 12th day o f the m onth or w h o w orked unpaid for 15 hours or m ore in a fam ily-op erated enterp rise and (2 ) th ose w h o w ere tem porarily absent from their regu lar jo b s b e ca u se o f illn e ss, v acation , in d u s trial d isp u te, or sim ilar reason s. A p erson w ork in g at m ore than o n e jo b is counted on ly in the jo b at w h ic h h e or sh e w ork ed the greatest nu m ber o f hours. Unemployed persons are th o se w h o did n ot w ork during the su rvey w e e k , but w ere a v ailab le for w ork e x ce p t for tem porary ill n e ss and had look ed for jo b s w ith in the pre c ed in g 4 w e ek s. P erso n s w h o did n ot look https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis for w ork b eca u se th e y w ere on la y o ff are a lso cou n ted am on g the u n em p loyed . The unemployment rate rep resen ts th e n u m ber u n em p loyed as a percen t o f the civilian labor force. The civilian labor force c o n sists o f all e m p lo y e d or u n em p lo y e d p e r so n s in th e civilian non institutional population. P erson s not in the labor force are those not cla ssified as e m p lo y ed or u n em p lo y e d . T h is grou p in c lu d e s d isco u ra g ed w o rk ers, d efin ed as p erson s w h o w an t and are available for a job and w h o have looked for w ork som etim e in the past 12 m on th s (or since the end o f their last jo b i f th ey held o n e w ith in the past 12 m o n th s ), bu t are n o t c u r re n tly lo o k in g , b e c a u s e th e y b e lie v e th e r e are n o j o b s available or there are n o n e for w h ich they w o u ld q u a lify. T h e civilian noninstitu tional population com p rises all persons 16 years o f a ge and older w h o are n ot inm ates o f penal or m ental institution s, sanitarium s, or h o m es for the aged , infirm , or needy. The civilian labor force participation rate is the proportion o f th e civ ilia n n o n in stitu tion al p op u lation that is in the labor force. T he employment-population ratio is e m p lo y m en t as a p ercen t o f th e c iv ilia n n o n in stitutional population. Notes on the data From tim e to tim e, and e sp e c ia lly after a d ecen n ial c en su s, ad ju stm en ts are m ade in th e C u rren t P op u la tio n S u rv ey fig u res to c o rr ec t for e s tim a tin g errors d u rin g th e in tercen sal years. T h ese adju stm ents a ffect the com p arab ility o f h istorical data. A d e scription o f th ese ad ju stm en ts and their e f fe ct on the variou s data series appears in the E x p la n a to r y N o t e s o f E m p lo y m en t a n d Earnings. Labor force data in tables 1 and 4 - 9 are se a so n a lly adju sted. S in ce January 1 9 8 0 , n ational labor force data h ave b een se a so n a lly adjusted w ith a proced ure called X - l l arima w h ic h w a s d e v e lo p ed at S ta tistics C anada as an e x ten sio n o f the standard X 11 m eth od p rev io u sly u sed by bls . A d e tailed d escrip tion o f th e proced ure appears in th e X - l l a r im a S e a so n a l A d ju stm en t M ethod, by E stela B e e D a g u m (S ta tistics C anada, C a talogu e N o . 1 2 -5 6 4 E , January 19 8 3 ). A t th e b eg in n in g o f ea ch calend ar year, h istorical se a so n a lly adju sted data u su a lly are revised , and projected season al adju st m en t factors are calcu lated for u se during the Jan u ary-Ju n e period. T he historical sea so n a lly adju sted data u su a lly are revised for o n ly th e m o st recen t 5 years. In July, n e w season al adju stm ent factors, w h ic h in corp o rate the ex p erien ce through Ju n e, are pro d u ced for the J u ly -D e c e m b e r period, but no r ev isio n s are m ade in the h istorical data. For additional information o n n a tion al h o u se h o ld su rv e y data, c o n ta c t th e D iv is io n o f L abor F orce S tatistics: ( 2 0 2 ) 6 9 1 -6 3 7 8 . Establishment survey data Description of the series Employment, hours, and earnings data in th is se c tio n are c o m p ile d from payroll records reported m o n th ly o n a v olu n tary ba sis to th e B u reau o f L abor S tatistics and its cooperating State a g en cies by about 3 0 0 ,0 0 0 esta b lish m e n ts rep resen tin g all in d u stries e x ce p t agriculture. In d u stries are c la ssifie d in accord an ce w ith the 1 9 8 7 S ta n d a rd In du strial Classification (SIC) M anual. In m o st in d u str ies, th e sa m p lin g p ro b a b ilities are based on the size o f the estab lish m en t; m o st large e sta b lish m e n ts are th e r efo r e in th e sam p le. (A n esta b lish m en t is n ot n e c essa r ily a firm ; it m ay be a branch plant, fo r e x a m p le, or w a r e h o u s e .) S e lf-e m p lo y e d p er s o n s and o th e r s n o t on a reg u la r c iv ilia n p ayroll are o u ts id e th e s c o p e o f th e su r v e y b e c a u se th e y are e x c lu d e d from e sta b lish m e n t record s. T h is larg ely a c c o u n ts for th e d iffe r e n c e in e m p lo y m e n t fig u r e s b e tw e e n th e h o u s e h o ld and e s ta b lis h m e n t su r v e y s . Definitions A n establishment is an eco n o m ic unit w h ich produ ces g o o d s or serv ices (su ch as a fa c tory or store) at a sin g le location and is e n gaged in on e type o f e co n o m ic activity. Employed persons are all p e r so n s w h o r e c e iv e d p a y (in c lu d in g h o lid a y an d sic k p a y ) fo r a n y part o f th e p a y ro ll p erio d in c lu d in g th e 1 2 th d ay o f th e m o n th . P e r so n s h o ld in g m ore th an o n e jo b (a b o u t 5 p e r ce n t o f all p e r so n s in th e lab or fo r c e ) are c o u n te d in e a ch e sta b lish m e n t w h ic h rep orts th em . Production workers in m an u factu rin g in clu d e w ork in g su p ervisors and n on su p erv iso r y w ork ers c lo s e ly a sso cia te d w ith pro d u ctio n o p era tio n s. T h o s e w o rk ers m e n tion ed in tab les 1 1 - 1 6 in clu d e prod u ction w orkers in m an u factu rin g and m in in g; c o n s tr u c tio n w o r k e r s in c o n s t r u c t io n ; an d n on su p ervisory w ork ers in th e fo llo w in g in dustries: transportation and p u b lic u tilities; w h o le sa le and retail trade; fin a n c e , in su r a n c e , and real estate; and serv ices. T h ese grou p s acco u n t for abou t fou r-fifth s o f the total e m p lo y m e n t on p rivate n o n a g ric u ltural payrolls. Earnings are the p aym en ts p rodu ction or n on su p erv iso ry w ork ers receiv e during the su rvey period , in clu d in g p rem iu m p ay for o v ertim e or late-sh ift w ork but e x clu d - M o n th ly L a b o r R e view J u n e 2002 71 Current Labor Statistics in g irreg u la r b o n u s e s an d o th e r s p e c ia l p a y m e n ts . Real earnings are e a r n in g s adjusted to reflect the e ffe c ts o f c h a n g e s in co n su m er prices. T h e d eflator for th is series is d erived from the C o n su m er P rice In d ex fo r U r b a n W a g e E a r n e r s a n d C le r ic a l W orkers (CPi-W). Hours r e p r e se n t th e a v e r a g e w e e k ly hours o f production or n on su pervisory w ork ers for w h ic h pay w a s received , and are d if feren t fro m standard or sc h e d u le d hou rs. Overtime hours represent the portion o f av erage w e e k ly hou rs w h ic h w a s in e x c e ss o f regular hou rs and for w h ic h overtim e prem i u m s w ere paid. T h e D iffusion Index r e p r e s e n ts th e p ercen t o f in d u stries in w h ic h em p lo y m en t w a s risin g o v er the in d icated period , p lu s o n e -h a lf o f the in d u stries w ith u n ch an ged em p lo y m en t; 5 0 percen t in d icates an eq u al b a lan ce b e tw e en in d u stries w ith in creasin g and decreasing em ploym en t. In line w ith B u reau practice, data for the 1-, 3 -, and 6-m onth sp an s are se a so n a lly adju sted, w h ile th ose for the 1 2 -m o n th span are unadjusted. D ata are cen tered w ith in the span. Table 17 pro v id e s an in d ex o n private n on farm e m p lo y m en t based on 3 5 6 in d u stries, and a m an u fa ctu rin g in d e x b a sed on 1 3 9 in d u stries. T h e se in d ex e s are u sefu l for m easu rin g the d isp ersio n o f e c o n o m ic g ain s or lo s s e s and are a lso e c o n o m ic ind icators. B eg in n in g in June 1 9 9 6 , the bls u ses the X-12- arima m eth o d o lo g y to se a so n a lly ad ju st esta b lish m en t su rvey data. T h is p roce dure, d ev elo p ed b y th e B u reau o f th e C e n su s, con trols for the e ffe c t o f varyin g sur v e y in tervals (a lso k n o w n as the 4 - versu s 5 -w e e k e ffe c t), th ereb y p rovid in g im p roved m easurem ent o f over-the-m onth ch an ges and F or additional information on data in this series, call (2 0 2 ) 6 9 1 - 6 3 9 2 (table 10 ) or (2 0 2 ) 6 9 1 - 6 5 5 9 (table 11). C o v e r e d e m p lo y m e n t a n d w age d ata (ES-202) u n d erlyin g e c o n o m ic trends. R e v isio n s o f data, u su a lly for th e m o st recen t 5-year p e riod, are m ade o n c e a year co in cid e n t w ith the benchm ark revision s. In th e e sta b lish m e n t su rvey, e stim a te s for the m o st recen t 2 m on th s are based on in co m p lete returns and are p u blished as pre lim inary in th e tables ( 1 2 - 1 7 in the Review ). W h en all returns h ave b een receiv ed , the e s tim ates are revised and p u b lish ed as “ fin al” (prior to an y ben ch m ark rev isio n s) in the third m on th o f their appearance. T h u s, D e cem b er data are p u b lish ed as prelim inary in January and February and as final in M arch. For the sam e rea so n s, quarterly esta b lish m en t data (table 1) are prelim inary for the first 2 m on th s o f p u blication and final in the third m onth . T h u s, fourth-quarter data are p u b lish e d as p relim in a ry in Jan u ary and February and as final in M arch. F ORadditional information on estab lish m en t su rv ey data, co n tact th e D iv isio n o f C u rren t E m p lo y m e n t S ta tistics: ( 2 0 2 ) 6 9 1 -6 5 5 5 . Description of the series E m p l o y m e n t , w a g e , a n d e s t a b l is h m e n t d a ta in th is s e c tio n are d e r iv e d from th e q u ar te rly ta x rep orts su b m itted to S ta te e m p lo y m e n t s e c u r ity a g e n c ie s b y p riv a te and State and lo ca l g o v e rn m en t em p lo y er s su b j e c t to S ta te u n e m p lo y m e n t in su r a n c e (u i) la w s and from F ed era l, a g e n c ie s su b je ct to th e U n e m p lo y m e n t C o m p e n s a t i o n fo r F ed era l E m p lo y e e s ( u c f e ) program . E a ch quarter, S tate a g e n c ie s ed it and p r o c ess th e data an d se n d th e in fo r m a tio n to th e B u reau o f L ab or S ta tistic s. T h e C o v e r e d E m p lo y m e n t an d W a g e s d a ta , a ls o r e fe r r e d a s E S - 2 0 2 d a ta , are th e m o s t c o m p le t e e n u m e r a tio n o f e m p lo y m e n t a n d w a g e i n f o r m a t io n b y i n d u s tr y at th e n a t io n a l, S ta te , m e t r o p o li tan a r e a , a n d c o u n t y l e v e l s . T h e y h a v e b ro a d e c o n o m ic s i g n i f i c a n c e in e v a lu a t in g la b o r m a r k e t tr e n d s a n d m a jo r i n d u s tr y d e v e lo p m e n t s . Notes on the data E sta b lish m en t su rv ey data are an n u ally ad ju sted to c o m p r eh en siv e co u n ts o f e m p lo y m en t (ca lled “ b en ch m ark s”). T h e latest ad ju stm en t, w h ic h incorporated M arch 2 0 0 0 b en ch m a rk s, w a s m ade w ith th e release o f M a y 2 0 0 1 data, p u b lish ed in the July 2 0 0 1 is s u e o f th e R eview . C o in c id e n t w ith th e b enchm ark adju stm ent, historical season ally adjusted data w ere revised to reflect updated season al factors. U nadjusted data from A p ril 2 0 0 0 forw ard and sea so n a lly adjusted data from January 1 9 9 7 forw ard are su bject to rev isio n in future benchm arks. In add ition to th e routine ben ch m ark re v is io n s and updated sea so n a l factors intro d u ced w ith th e relea se o f th e M a y 2 0 0 1 data, th e first estim a tes for the m in in g , c o n struction, and m anufacturing industries w ere p u b lish e d fro m a n e w p ro b a b ility -b a sed sam p le d esig n . T he first estim a tes from the n e w d e sig n , for th e w h o le sa le trade in d u s try, w ere p u b lish ed w ith the M arch 1 9 9 9 b en ch m a rk r ev isio n s in Jun e 2 0 0 0 . E sti m a tes from th e red esign ed su rv ey for the rem a in in g in d u stry d iv isio n s w ill be ph ased in w ith su b seq u e n t y e a r s ’ b en ch m ark re lea ses in 2 0 0 2 and 2 0 0 3 . For additional in form ation , se e the the June 2 0 0 1 issu e o f E m ploym en t a n d Earnings. R ev isio n s in State data (table 11) occurred w ith the publication o f January 2 0 0 2 data. 72 M o n th ly L a b o r R e view https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Unem ploym ent d ata by State Definitions Description of the series In g e n e r a l, es -202 m o n th ly e m p lo y m e n t d a ta r e p r e s e n t th e n u m b e r o f covered D ata p resen ted in th is se c tio n are obtained from th e L ocal A rea U n em p lo y m e n t S tatis tics (laus ) program , w h ic h is co n d u cted in coo p era tio n w ith State e m p lo y m en t se c u rity a g e n c ie s. M o n th ly e stim a te s o f th e labor fo r ce , em p loym en t, and u n em p loym en t for States and su b-S tate areas are a key indicator o f lo cal eco n o m ic con d ition s, and form th e basis for d eterm ining the eligib ility o f an area for b en efits under Federal eco n o m ic assistan ce program s su ch as the Job Training Partner ship A ct. Season ally adjusted u n em p loym en t rates are presen ted in table 10. In sofar as p ossib le, the co n cep ts and defin ition s under lyin g th ese data are th o se used in the national estim ates obtained from the cps. Notes on the data D ata refer to State o f residence. M onthly data for all States and the D istrict o f C olum bia are d e r iv e d u s in g sta n d a r d iz e d p r o c e d u r e s established by bls . O n ce a year, estim ates are revised to n e w population controls, usually w ith publication o f January estim ates, and benchm arked to annual average cps levels. Ju n e 2002 workers w h o w o r k e d d u rin g , or r e c e iv e d p ay fo r, th e p a y p eriod th a t in c lu d e d th e 1 2 th d a y o f th e m o n th . Covered private industry employment in c lu d e s m o s t c o r p orate o f f ic ia ls , e x e c u t iv e s , su p e r v is o r y p e r so n n e l, p r o fe s s io n a ls , c le ric a l w o r k e rs, w a g e earn ers, p ie c e w o rk ers, and part-tim e w o r k e rs. It e x c lu d e s p ro p rieto rs, th e u n in c o rp o ra te d s e lf - e m p lo y e d , u n p a id fa m ily m e m b er s, and c erta in farm an d d o m e s tic w o r k e rs. C erta in ty p e s o f n o n p r o fit em p lo y er s, su ch as r elig io u s o r g a n iza tio n s, are g iv e n a c h o ic e o f c o v e r a g e or e x c lu s io n in a n u m b er o f S ta te s. W ork ers in th e s e o r g a n iz a tio n s are, th e r e fo r e , rep orted to a lim ited d eg ree. P e r s o n s o n p aid s ic k le a v e , p a id h o l i d a y , p a id v a c a t io n , an d th e lik e , a re i n c lu d e d . P e r s o n s o n th e p a y r o ll o f m o r e th a n o n e fir m d u r in g t h e p e r io d a re c o u n t e d b y e a c h u i- s u b j e c t e m p lo y e r i f t h e y m e e t th e e m p l o y m e n t d e f i n i t i o n n o te d earlier. T h e e m p lo y m e n t c o u n t e x c lu d e s w o r k e r s w h o e a r n e d n o w a g e s d u r in g th e e n tir e a p p lic a b le p a y p e r io d b e c a u s e o f w o r k s t o p p a g e s , te m p o r a r y State o f few er than 50 workers. A lso, w h en p loym en t. A further d iv isio n by 5 2 y ield s F ederal em ployment data are b a s e d there are few er than 2 5 workers in all second average w e ek ly w a g e s per e m p loyee. A nnual o n r e p o r ts o f m o n t h ly e m p lo y m e n t an d q u a r te r ly w a g e s s u b m itte d e a c h q u a rter to S ta te a g e n c ie s fo r all F e d e r a l i n s t a lla ary installations in a State, the secondary in stallations m ay be com bined and reported with pay data o n ly approxim ate annual earn in gs b eca u se an ind ividu al m ay n ot be em p lo y ed the major installation. Last, i f a Federal agency has few er than five em p lo y ees in a State, the a g en cy headquarters o ffice (region al o ffic e , by the sam e em p loyer all year or m ay w ork l a y o f f s , i l l n e s s , or u n p a id v a c a t io n s . t i o n s w it h e m p l o y e e s c o v e r e d b y th e for Fed eral Employees ( ucfe) program, except for certain national security agencies, which are omitted for security reasons. U n e m p lo y m e n t C o m p e n s a t i o n for m ore than on e em p loyer at a tim e. district o ffic e ) servin g each State m ay c o n Average weekly or annual pay is a f fected by the ratio o f full-tim e to part-tim e solidate the em p loym en t and w a g e s data for w orkers as w e ll as the n u m ber o f ind ividu als that State w ith the data reported to the State in h igh -p ayin g and lo w -p a y in g o ccu p a tio n s. E m p lo y m en t for all Federal a g e n c ie s for any g iv en m on th is based on the num ber o f per in w h ich the headquarters is located. A s a result o f th ese reporting rules, the num ber o f W h en average pay lev e ls b etw een States and industries are com pared , th ese factors should so n s w h o w o rk ed during or received pay for reporting units is alw ays larger than the nu m ber o f em p loyers (or govern m en t a g e n c ie s) be taken into consideration . For ex a m p le, in but sm aller than the num ber o f actual estab o f part-time w orkers w ill sh o w average w a g e le v e ls app reciab ly le s s than th e w e e k ly pay the pay period that inclu ded the 12th o f the m onth. A n establishment is an eco n o m ic unit, du stries ch aracterized by h igh proportions su ch as a farm , m in e, factory, or store, that p ro d u ces g o o d s or p rovid es serv ices. It is lish m en ts (or installation s). D ata reported for the first quarter are tabu la ted in to size c a te g o r ie s r a n g in g from ty p ica lly at a sin g le p h y sica l lo ca tio n and en g a g ed in o n e , or predom inantly o n e , type o f e c o n o m ic a ctivity for w h ic h a sin g le in w ork sites o f very sm all size to th o se w ith 1 ,0 0 0 em p lo y ees or m ore. T he size category is determ ined by the estab lish m en t’s M arch lev els o f regular full-tim e e m p lo y ees in th ese industries. T he op p osite e ffe c t ch aracterizes ind ustries w ith lo w proportions o f part-tim e w ork ers, or in d u stries that typ ically sch ed ule h eavy w eek en d and overtim e w ork. A ver dustrial c la ssifica tio n m ay be applied. O cca e m p lo y m en t lev el. It is im portant to n ote age w age data also m ay be influenced b y work sio n a lly , a sin g le ph ysical location e n c o m p a sses tw o or m ore distin ct and sign ifican t that each estab lish m en t o f a m u lti-estab lish m en t firm is tabulated separately in to the stop p ages, labor turnover rates, retroactive p aym ents, season al factors, b on u s p aym ents, activ ities. E a ch activ ity sh ould be reported as a separate establishm ent i f separate records appropriate size category. T he total em p lo y and so on. are kept and the variou s activities are c la ssi fied under d ifferen t four-digit sic cod es. m ent firm is not used in the size tabulation. C overed em p loyers in m ost States report Notes on the data To insure the h igh est p ossib le quality o f data, m en t lev e l o f th e reporting m u lti-estab lish M o st em p lo y ers h a ve o n ly o n e estab lish total wages paid during the calendar quarter, m ent; thu s, the estab lish m en t is the predom i regardless o f w h en the services w ere per State em p lo y m en t secu rity a g e n c ie s v erify n an t reporting u n it or statistical en tity for reporting em p lo y m en t and w a g e s data. M ost em p lo y ers, in clu d in g State and local g o v ern form ed. A fe w State la w s, h ow ever, sp ec ify that w a g e s be reported for, or based on the period during w h ich services are perform ed w ith em p loyers and update, i f n ecessary, the industry, lo cation , and ow n ersh ip c la ssific a tion o f all estab lish m en ts on a 3-year cy cle. m en ts w h o operate m ore than o n e estab lish rather than the period during w h ich com p en sation is paid. U n der m ost State law s or regu lations, w a g es include bon uses, stock options, C h an ges in establishm ent classification co d es resulting from the verification p rocess are in troduced w ith the data reported for the first quarter o f the year. C h a n g es resulting from im proved em p loyer reporting a lso are intro report. S o m e v ery sm all m ulti-estab lish m en t the cash valu e o f m eals and lod gin g, tips and other gratuities, and, in som e States, em ployer contrib utions to certain deferred co m p en sa tion plans su ch as 4 0 1 (k ) plans. C overed em p loyer contrib utions for old- em p lo y ers do n o t file a M u ltip le W orksite R eport. W h en the total em p lo y m en t in an e m p lo y e r ’s se c o n d a r y e sta b lish m e n ts (all estab lish m en ts other than the largest) is 10 or fe w er , the em p lo y er gen erally w ill file a consolidated report for all establishm ents. A lso , so m e em ployers either cannot or w ill not re a g e , su r v iv o r s , and d isa b ility in su r a n c e ( o a s d i ) , health insu ran ce, u n em p loym en t in surance, w orkers’ com p en sation , and private p en sion and w elfare fu n d s are not reported as w a g e s. E m p lo y ee con trib u tion s for the sam e pu rp oses, h o w ev er, as w ell as m on ey w ith h eld for in com e taxes, u n ion d u es, and rable w ith earlier years. T he 1 9 9 9 cou n ty data used to calculate the 1 9 9 9 - 2 0 0 0 c h a n g e s w ere adjusted for ch a n g es in industry and co u n ty classifica tio n to m ake them com parable to data for 2 0 0 0 . port at the establishm ent level and thus aggre gate establishm ents into on e consolidated unit, so forth, are reported e v en thou gh th ey are dedu cted from the w o rk er’s g ross pay. Wages of covered Federal workers rep resen t the gross am oun t o f all payrolls for all m en t in a State, file a M u ltip le W orksite R e port ea ch quarter, in addition to their quar terly ui report. T he M u ltip le W orksite R e port is u sed to c o lle ct separate em p loym en t and w a g e data for ea ch o f the em p lo y er’s e s ta b lish m en ts, w h ich are not detailed on the ui or p ossib ly several units, thou gh not at the establishm ent level. For the Federal G overnm ent, the reporting unit is the installation: a single location at w h ich a departm ent, agency, or other govern m ent body has civilian em ployees. Federal agen cies fo llo w slightly different criteria than do private em ployers w h en breaking d ow n their reports by installation. T hey are permitted to com bine as a single statewide unit: 1) all instal lations w ith 10 or few er w orkers, and 2 ) all installations that have a com bined total in the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis pay periods en d in g w ith in the quarter. T his in clu d es cash a llo w a n ces, the cash eq u iv a len t o f any type o f rem uneration, severan ce pay, w ith h old in g taxes, and retirem ent de d u ction s. Federal e m p lo y ee rem u neration gen erally cov ers the sam e types o f services as for w orkers in private industry. Average annual wages per em p loyee for du ced in the first quarter. For th ese reason s, so m e data, e sp ecia lly at m ore detailed g e o graphic le v e ls, m ay n ot be strictly co m p a A s a result, the adjusted 1 9 9 9 data differ to so m e exten t from the data available o n the Internet at: http://www. bis. gov/ cew/home. htm. C ou n ty d efin ition s are a ssign ed accord ing to Federal In form ation P ro c essin g S tan dards P u b lication s as issu ed by th e N a tio n a l Institute o f Standards and T ech n ology. A rea s sh o w n as co u n ties in clu d e th o se designated as in d ep en d en t cities in so m e ju risd ictio n s and, in A lask a, th o se areas d esign ated by the C en su s B ureau w h ere cou n ties h ave not been created. C ou n ty data also are p resented for the N e w E nglan d States for com parative pur any g iv en industry are com p u ted by divid p o ses, ev en th ou gh tow n sh ip s are the m ore ing total annual w a g es by annual average em co m m o n d esign ation used in N e w E nglan d M onthly Labo r Review Ju n e 2002 73 Current Labor Statistics (and N e w Jersey). For additional in form ation on the c o v ered em p lo y m en t and w a g e data, con tact the D iv isio n o f A d m in istrative Statistics and L a bor Turnover at (2 0 2 ) 6 9 1 - 6 5 6 7 . Compensation and Wage Data (T ables 1 -3 ; 2 5 - 3 1 ) Compensation and wage data are gathered by the B u reau from b u sin ess estab lish m en ts, State and local g o v ern m en ts, labor u n ion s, co lle ctiv e bargaining agreem en ts on file w ith the B u reau , and secondary sou rces. la tio n .) T h e se fix ed w e ig h ts, a lso u sed to d erive all o f th e in d u stry and o ccu p a tio n series in d ex e s, en su re that ch a n g es in th ese in d e x e s reflect o n ly ch a n g e s in c o m p e n sa tio n , n ot em p lo y m en t sh ifts a m on g in d u s tries or o ccu p a tio n s w ith d ifferen t le v e ls o f w a g e s and com p en sation . For the bargaining statu s, reg io n , and m etrop olitan /n on -m etrop olitan area series, h o w ev e r, em p lo y m en t data b y in d u str y and o c c u p a tio n are n ot availab le from the cen su s. In stead, the 1 9 8 0 em p lo y m en t w e ig h ts are reallocated w ith in th ese series each quarter based on the cur rent sam ple. T herefore, th ese in d exes are not strictly com p arab le to th o se for the a ggre g a te, industry, and o ccu p ation series. Definitions Em ploym ent C ost Index Total compensation c o sts in clu d e w a g e s, Description of the series T he Employment Cost Index (ECI) is a quar terly m easu re o f the rate o f ch a n g e in c o m p e n s a tio n p er h o u r w o rk ed and in c lu d e s w a g e s, salaries, and em p loyer c o sts o f e m p lo y e e b e n e f it s . It u s e s a f ix e d m a rk et b ask et o f labor— sim ilar in c o n c ep t to the C o n su m er P rice In d ex ’s fixed m arket basket o f g o o d s and serv ices— to m easure ch an ge o v er tim e in em p lo y er c o sts o f em p lo y in g labor. S tatistical series o n total co m p en sa tio n costs, o n w a g es and salaries, and on benefit co sts are available for private nonfarm w ork ers exclu d in g proprietors, the self-em ployed, and hou sehold workers. T he total com p en sa tion co sts and w a g es and salaries series are also available for State and local govern m en t w orkers and for the civilian nonfarm econom y, w h ich co n sists o f private industry and State and local govern m en t workers com bined. Fed eral w orkers are excluded. T he E m p loym en t C ost Index probability sam ple con sists o f about 4 ,4 0 0 private n on farm establishm ents providing about 2 3 ,0 0 0 occupational observations and 1,0 0 0 State and local g o v ern m en t estab lish m en ts providing 6 ,0 0 0 occu pational observations selected to represent total em ploym en t in each sector. O n average, each reporting unit provides w age and com p en sation inform ation on five w ell-sp eci fied occupations. Data are collected each quar ter for the pay period including the 12th day o f M arch, June, Septem ber, and Decem ber. B eg in n in g w ith June 1 9 8 6 data, fixed e m p lo y m en t w e ig h ts from the 1 9 8 0 C en su s o f P o p u l a t i o n a re u s e d e a c h q u a r te r to calcu late the civ ilia n and private in d ex es and the in d ex for State and lo ca l g o vern m en ts. (P r io r to J u n e 1 9 8 6 , th e e m p lo y m e n t w e ig h ts are from the 1 9 7 0 C e n su s o f P o p u 74 M o n th ly L a b o r R e view https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis salaries, and the em p lo y er ’s c o sts for e m p loyee b en efits. Wages and salaries co n sist o f earnings before payroll d ed u ction s, in clu d in g produ c tion b o n u ses, in cen tiv e earn in gs, c o m m is sio n s, and co st-o f-liv in g adjustm ents. Benefits in clu d e the c o st to em p loyers for paid le a v e , su p p lem en ta l p ay (in c lu d ing nonproduction b on u ses), insurance, retire m ent and savings plans, and legally required benefits (such as Social Security, workers’ com pensation, and unem ploym ent insurance). E xclu ded from w a g es and salaries and em ployee benefits are su ch item s as paym ent-inkind, free room and board, and tips. Notes on the data T he E m p loym en t C ost In dex for ch a n g es in w a g e s and salaries in the private nonfarm e co n o m y w a s pu blished begin n in g in 1 9 7 5 . C h a n g es in total com p en sation cost— w a g es and salaries and b en efits co m b in ed — w ere published b egin n in g in 1 9 8 0 . T he series o f ch a n g es in w a g e s and salaries and for total com p en sation in the State and local gov ern m e n t se c to r and in th e c iv ilia n n o n fa rm eco n o m y (exclud in g Federal em p loyees) w ere pu blished b egin n in g in 1 9 8 1 . H istorical in d ex es (June 1 9 8 1 = 1 0 0 ) are available on the Internet: http://www. bis. gov/ect/ F or additional information o n th e E m p lo y m en t C o st In d ex, con tact th e O ffic e o f C o m p en sa tio n L e v els and Trends: ( 2 0 2 ) 6 9 1 -6 1 9 9 . Em ployee Benefits Survey Description of the series Employee benefits data are obtained from the E m p lo y e e B e n e fits Su rvey, an annual Ju n e 2002 su rv ey o f th e in c id en ce and p r o v isio n s o f se le c te d b e n e fits p ro v id ed b y e m p lo y er s. T h e su rvey c o lle c ts data from a sam p le o f a p p r o x im a te ly 9 , 0 0 0 p r iv a te s e c to r and State and local g o v ern m en t estab lish m en ts. The data are presented as a percentage o f em ployees w h o participate in a certain benefit, or as an average benefit provision (for exam p le, the average num ber o f paid holidays provided to em p loyees per year). Selected data from the survey are presented in table 2 5 for m edium and large private establishm ents and in table 2 6 for sm all private establishm ents and State and local governm ent. T h e su rv e y c o v e r s paid le a v e b e n e fits su ch as h olid ays and v acation s, and p ersonal, fu n eral, ju ry duty, m ilitary, fa m ily , and sick lea v e; sh ort-term d isab ility, lon g -term d is ab ility, and life in su ran ce; m ed ica l, den tal, and v isio n care plans; d efin ed b e n e fit and d efin ed con trib u tion plans; flex ib le b e n e fits plans; reim b u rsem en t a ccou n ts; and unpaid fa m ily lea v e. A ls o , d ata are ta b u la te d o n th e i n c i d e n c e o f se v e r a l o th e r b e n e f it s , s u c h as sev era n ce pay, ch ild -care a ssista n c e, w e ll n e s s p r o g r a m s, an d e m p lo y e e a s s is ta n c e program s. Definitions Employer-provided benefits are b e n e fits that are fin an ced either w h o lly or partly by the em ployer. T h ey m ay be sp on sored by a u n ion or other third party, as lo n g as there is so m e em p loyer fin an cin g. H o w e v e r , so m e b en efits that are fu lly paid for by th e e m p lo y ee a lso are in clu d ed . For ex a m p le, lo n g term care insu ran ce and postretirem en t life insu ran ce paid en tirely b y the e m p lo y ee are inclu ded b ecau se the guarantee o f insurabil ity and availab ility at group prem iu m rates are con sid ered a benefit. Participants are workers w h o are covered by a benefit, whether or not they use that benefit. I f th e b e n e fit plan is fin a n c e d w h o lly by em ployers and requires em ployees to com plete a m inim um length o f service for eligibility, the workers are considered participants w hether or not they have m et the requirem ent. I f w orkers are required to contribute tow ards th e co st o f a plan, th ey are con sid ered participants o n ly i f th ey elect the plan and agree to m ake the required contributions. Defined benefit pension plans u se pre determ ined form ulas to calculate a retirem ent benefit ( i f any), and obligate the em ployer to provide th ose benefits. B en efits are generally based on salary, years o f service, or both. Defined contribution plans g e n e ra lly sp e c ify th e lev e l o f em p lo y er and e m p lo y e e con trib u tion s to a plan, but n ot th e form u la for d eterm in in g ev en tu a l b en efits. In stead, in d ivid u al a c co u n ts are set up for partici pan ts, and b e n e fits are based on am ou n ts credited to th e se a cco u n ts. Tax-deferred savings plans are a type o f d e fin e d co n trib u tio n plan that a llo w par ticipants to contribute a portion o f their sal ary to an em ployer-sp onsored plan and defer in com e taxes until withdrawal. Flexible benefit plans a llo w em p lo y ees to c h o o se a m o n g several b e n e fits, su ch as life in su ra n ce, m ed ica l care, and v a cation d a y s, and a m o n g sev eral le v e ls o f cov era g e w ith in a g iv e n b en efit. Notes on the data S u rv ey s o f e m p lo y e e s in m ed iu m and large esta b lish m en ts co n d u cted over the 1 9 7 9 - 8 6 p e r io d i n c lu d e d e s t a b l i s h m e n t s th a t em p lo y ed at least 5 0 , 1 0 0 , or 2 5 0 w ork ers, d e p e n d in g o n th e in d u str y (m o s t se r v ic e in d u s t r ie s w e r e e x c l u d e d ) . T h e s u r v e y c o n d u cted in 1 9 8 7 co v ered o n ly State and lo c a l g o v e r n m e n ts w ith 5 0 or m o re em p lo y ee s. T h e su rv ey s co n d u cted in 1 9 8 8 a n d 1 9 8 9 i n c lu d e d m e d iu m a n d la r g e esta b lish m en ts w ith 1 0 0 w ork ers or m ore in p rivate in d u stries. A ll su r v e y s c o n d u c te d o v e r t h e 1 9 7 9 - 8 9 p e r io d e x c l u d e d esta b lish m en ts in A la sk a and H aw aii, as w ell as part-tim e e m p lo y ee s. B eg in n in g in 1 9 9 0 , surveys o f State and lo c a l g o v e r n m e n t s an d s m a ll p r iv a te e s t a b lis h m e n ts w e r e c o n d u c te d in e v e n num bered years, and surveys o f m edium and large establishm ents w ere conducted in oddn u m b ered y ears. T h e sm all e sta b lish m en t s u r v e y i n c lu d e s a ll p r iv a te n o n fa r m establishm ents w ith few er than 100 workers, w h ile the State and local govern m en t survey in clu d es all g o v ern m en ts, regardless o f the num ber o f workers. A ll three surveys include full- and part-time w orkers, and workers in all 5 0 States and the District o f Colum bia. F or additional information on th e E m p lo y e e B e n e fits S u rvey, con tact the O f fic e o f C o m p en sa tio n L e v e ls and T rends on the Internet: http://www.bls.gov/ebs/ Work sto p p a g e s Description of the series D ata on w ork stop pages m easure the n u m ber and duration o f m ajor strikes or lock ou ts (in v o lv in g 1 ,0 0 0 w orkers or m ore) occurring during the m onth (or year), the num ber o f w orkers in v o lv ed , and the am ou n t o f w ork tim e lo st b eca u se o f stoppage. T h ese data are presented in table 2 7 . D a ta are larg ely from a variety o f p u b lish ed sou rces and co v er o n ly estab lish m en ts https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis d irectly in v o lv e d in a stop p age. T h e y do not m easu re the indirect or secon d ary e ffe c t o f stop p ages on other esta b lish m en ts w h o se e m p lo y e e s are idle o w in g to m aterial sh ort a g e s or lack o f service. Definitions Number of stoppages: T h e n u m b er o f strik es and lo c k o u ts in v o lv in g 1 ,0 0 0 w o r k ers or m ore and la stin g a fu ll sh ift or longer. Workers involved: T h e n u m b e r o f w orkers directly in volved in the stoppage. Number of days idle: T h e aggregate n u m b er o f w o rk d a y s lo st b y w o rk ers in v o lv ed in the stop pages. Days of idleness as a percent of estimated working time: A ggregate w orkdays lost as a percent o f the aggregate num ber o f standard w ork d ays in the period m u ltip lied b y total em ploym en t in the period. Notes on the data T his series is not com parable w ith the on e term inated in 1981 that covered strikes in v o lv in g six w orkers or m ore. F or additional information on w ork stop p ages data, con tact the O ffic e o f C o m p en sation and W orking C on dition s: ( 2 0 2 ) 6 9 1 - 6 2 8 2 , or the Internet: http:/www. bis. gov/cba/ Price Data (Tables 2; 3 2 ^ 1 2 ) n e w u s e s w ere d ev elo p ed for th e CPI in re cen t years, the n eed for a broader and m ore rep resen tative in d ex b eca m e apparent. T he all-urban con su m er in d ex (CPI-U), introduced in 1 9 7 8 , is rep resentative o f th e 1 9 9 3 - 9 5 b u y in g h ab its o f ab ou t 87 p ercen t o f th e n o n in stitu tio n a l p o p u la tio n o f th e U n ite d States at that tim e, com pared w ith 3 2 per cen t rep resented in the CPI-W. In ad d ition to w a g e earners and clerical w ork ers, the CPI-U cov ers p ro fessio n a l, m anagerial, and te ch n i cal w ork ers, th e se lf-em p lo y e d , sh ort-term w ork ers, th e u n em p lo y ed , retirees, and o th ers n ot in the labor force. T he CPI is based on prices o f fo o d , clo th in g, shelter, fu el, drugs, transportation fares, d octors’ and d en tists’ fe e s, and other g o o d s and services that p eop le b u y for d ay-to-d ay liv in g . T h e q u a n tity and q u a lity o f th e se item s are kept essen tially u n ch anged b etw een m ajor revision s so that o n ly price ch a n g es w ill be m easured. A ll ta x es d irectly a ss o c i ated w ith the purchase and u se o f item s are inclu ded in the index. D ata collected from m ore than 2 3 ,0 0 0 re tail estab lish m en ts and 5 ,8 0 0 h o u sin g units in 87 urban areas across the country are used to d evelop the “U .S . city average.” Separate estim ates for 14 m ajor urban cen ters are pre sen ted in table 3 3 . T h e areas listed are as indicated in fo otn ote 1 to the table. T h e area in d ex es m easu re o n ly the average c h a n g e in prices for each area sin ce the base period, and do n ot in d icate d iffe re n c es in th e le v e l o f prices a m on g cities. Notes on the data P rice data are g a th e r ed b y th e B u r e a u o f L a b o r S t a t is t ic s fro m r eta il an d p ri mary markets in the U n ited States. Price in d exes are given in relation to a base period— 1982 = 100 for m any Producer Price Indexes, 1 9 8 2 - 8 4 = 100 for m any C onsum er Price In dexes (un less otherw ise noted), and 1990 = 100 for International Price Indexes. Consum er Price Indexes Description of the series T he Consumer Price Index (CPI) is a m ea sure o f th e average c h a n g e in the prices paid by urban co n su m ers for a fix ed m arket b as ket o f g o o d s and services. T he CPI is c a lc u lated m o n th ly for tw o p op u lation g rou p s, o n e c o n s is tin g o n ly o f urban h o u se h o ld s w h o s e prim ary sou rce o f in c o m e is d erived from the em p lo y m en t o f w a g e earners and clerical w ork ers, and the other c o n sistin g o f all urban h ou seh old s. T he w a g e earner in d ex (CPi-W) is a co n tin u ation o f the historic in d e x that w a s introduced w e ll over a halfcen tu ry a go for u se in w a g e n egotiation s. A s In January 1 9 8 3 , th e B u reau ch an g ed the w a y in w h ic h h o m e o w n e r s h ip c o s t s are m eaured for the CPI-U. A rental e q u iv a len ce m eth o d rep laced th e a sset-p rice app roach to h o m eo w n ersh ip c o sts for that series. In January 1 9 8 5 , th e sam e c h a n g e w a s m ade in the cpi-w . T h e central p u rp ose o f the ch a n g e w a s to separate sh elter c o sts from th e in v e stm en t co m p o n e n t o f h o m e-o w n ersh ip so that th e in d ex w o u ld reflect o n ly the c o st o f sh elter se r v ic e s p rovid ed b y o w n e r -o c c u pied h o m e s. A n up dated cpi-U and cpi-w w ere introduced w ith release o f th e January 1 9 8 7 and January 1 9 9 8 data. F or additional information o n c o n su m er p r ice s, c o n ta c t th e D iv is io n o f C o n su m e r P r ic e s an d P r ic e I n d e x e s : ( 2 0 2 ) 6 9 1 -7 0 0 0 . Producer Price Indexes Description of the series Producer Price Indexes (PPI) measure av- M onthly Labo r Review Ju n e 2002 75 Current Labor Statistics erage ch a n g es in prices received by d om estic produ cers o f c o m m o d itie s in all sta g es o f p ro cessin g . T he sam p le u sed for calcu latin g th ese in d ex es currently con tain s about 3 ,2 0 0 co m m o d ities and about 8 0 ,0 0 0 qu otation s per m o n th , selected to rep resent th e m o v e m en t o f p rices o f all c o m m o d itie s p rodu ced in th e m a n u fa ctu rin g ; a g ricu ltu re, forestry, and fish in g ; m in in g ; and g as and electricity an d p u b lic u tilitie s se c to r s. T h e sta g e -o fp r o c e s s i n g s t r u c t u r e o f ppi o r g a n i z e s p r o d u cts b y c la s s o f b u y er an d d e g r e e o f fa b r ica tio n (th a t is , fin is h e d g o o d s , in te r m e d ia te g o o d s , an d cru d e m a ter ia ls). T h e tra d itio n a l c o m m o d ity stru ctu re o f ppi o r g a n iz e s p r o d u cts b y sim ila r ity o f en d u s e or m a teria l c o m p o s itio n . T h e in d u stry and p ro d u ct stru ctu re o f ppi o r g a n iz e s data in a c c o r d a n c e w ith th e Stan d ard In d u strial C la s s ific a tio n (SIC) an d th e p ro d u ct c o d e e x te n s io n o f the s ic d ev elo p ed by the U .S . B u rea u o f the C en su s. To th e e x te n t p o s s ib le , p r ice s u s e d in c a lc u la tin g P ro d u c er P r ic e I n d e x e s a p p ly to th e first sig n ific a n t c o m m e r cia l tra n sa c tio n in th e U n ite d S ta te s from th e p r o d u c tio n or cen tra l m a rk etin g p o in t. P rice data are g e n e r a lly c o lle c te d m o n th ly , p rim arily b y m a il q u e s tio n n a ir e . M o s t p r ice s are o b tained d irectly from p rod u cin g co m p a n ie s o n a volu n ta ry and co n fid en tial basis. P rices g e n e r a lly are rep o rted for th e T u e sd a y o f th e w e e k c o n ta in in g th e 13 th d ay o f th e m o n th . S in ce January 1 9 9 2 , price changes for the v a r io u s c o m m o d itie s h a v e b een a v eraged to g e th e r w ith im p lic it q u a n tity w e ig h t s representing their im portance in the total net selling value o f all com m od ities as o f 1987. T h e detailed data are aggregated to obtain in d ex e s for sta g e-o f-p ro cessin g g rou p in gs, co m m o d ity groupin gs, durability-of-product groupin gs, and a num ber o f special com posite groups. A ll P rod ucer P rice In d e x data are su b ject to rev isio n 4 m o n th s after original p u b lica tio n . F or additional information o n p ro d u ce r p r ic e s, c o n ta c t th e D iv is io n o f In d u stria l P r ic e s an d P r ic e In d e x es: ( 2 0 2 ) 6 9 1 -7 7 0 5 . International Price Indexes Description of the series T he International Price Program produces m o n th ly and q u arterly ex p o rt and im port price in d ex e s for non m ilitary g o o d s and ser v ic e s traded b etw een the U n ited States and the rest o f the w orld. T he export price in d ex provides a m easu re o f price ch a n g e for all produ cts sold by U .S . resid en ts to foreign 76 M onthly Labo r Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis buyers. ( “R esid en ts” is defined as in the na tional in co m e accou nts; it in clu d es corpora tion s, b u sin esses, and in d ividu als, but d oes n o t req u ire th e o r g a n iz a tio n s to be U .S . o w n ed nor the individuals to h ave U .S . citi z en sh ip .) T he im port price in d ex provides a m easure o f price ch an ge for g o o d s purchased from other cou n tries by U .S . residents. The product un iverse for both the im port and export in d ex es in clu d es raw m aterials, agricultural products, sem ifin ish ed m an u fac tures, and fin ish ed m anu factu res, inclu ding both capital and con su m er good s. P rice data for th ese item s are collected primarily by m ail questionnaire. In nearly all c a ses, the data are co llected directly from the exporter or im porter, alth ou gh in a fe w c a ses, prices are obtained from other sources. To the extent possible, the data gathered refer to prices at the U .S . border for exports and at either the foreign border or the U .S . border for im ports. For nearly all products, the prices refer to transactions com pleted dur ing the first w e ek o f the m onth. Survey re spondents are asked to indicate all discoun ts, allow an ces, and rebates applicable to the re ported prices, so that the price used in the calculation o f the ind exes is the actual price for w h ich the product w as bought or sold. In addition to general in d exes o f prices for U .S . exports and im ports, in d ex es are also p u blished for detailed product categories o f exp orts and im ports. T h e se ca teg o ries are d efin ed accord in g to the fiv e-d ig it lev e l o f detail for the B ureau o f E co n o m ic A n a ly s is E n d -u se C la ssification , the three-digit level for th e Standard In d u strial C la ssific a tio n (SITC), and the four-digit level o f detail for the H a r m o n iz e d S y s te m . A g g r e g a t e im p o r t in d ex es b y coun-try or region o f origin are also available. bls publishes indexes for selected catego ries o f internationally traded services, calcu lated on an international basis and on a balance-of-payments basis. Notes on the data T h e ex p o rt and im p ort p rice in d e x e s are w eig h ted in d ex es o f the L asp eyres type. T he trade w eig h ts currently used to com p u te both in d ex es relate to 2 0 0 0 . B ecau se a price index depends on the sam e item s being priced from period to period, it is n e c e s sa r y to r e c o g n iz e w h e n a p r o d u ct’s sp ecification s or term s o f transaction have been m odified. For this reason, the B u reau ’s questionnaire requests detailed descriptions o f the physical and functional characteristics o f the products being priced, as w ell as inform a tion on the num ber o f units bought or sold, d iscou n ts, credit term s, packagin g, class o f June 2002 buyer or seller, and so forth. W hen there are ch an ges in either the specifications or term s o f transaction o f a product, the dollar valu e o f each ch an ge is deleted from the total price change to obtain the “pure” change. O n ce this value is determ ined, a linking procedure is em ployed w h ich a llow s for the continued repric ing o f the item. F or additional information o n inter national prices, con tact the D iv isio n o f Inter national Prices: (2 0 2 ) 6 9 1 - 7 1 5 5 . Productivity Data (T ables 2; 4 3 ^ 1 6 ) Business sector a n d major sectors Description of the series T he produ ctivity m easu res relate real outp ut to real input. A s su ch , th ey e n co m p a ss a fa m ily o f m easu res w h ic h in clu d e sin g le-fa cto r input m easures, su ch as output per hour, ou t put per u n it o f labor in p u t, or ou tp u t per unit o f capital input, as w e ll as m ea su res o f m ultifactor produ ctivity (ou tp u t per unit o f com b in ed labor and capital inp uts). T h e B u reau in d exes sh o w the ch a n g e in outp ut rela tive to c h a n g e s in the variou s inputs. T he m easures cover the b u sin ess, non farm b u si n ess, m anufacturing, and n on fin ancial corpo rate sectors. Corresponding in d exes o f hourly co m p en sation, unit labor c o sts, un it n on labor pay m en ts, and prices are also provided. Definitions Output per hour of all persons (lab or pro d u ctivity) is the qu antity o f g o o d s and ser v ice s produced per hour o f labor input. Out put per unit of capital services (ca p ita l p rod u ctivity) is th e q u an tity o f g o o d s and se r v ic e s p rod u ced per u n it o f cap ital ser v ic e s input. Multifactor productivity is the quantity o f g ood s and services produced per com bined inputs. For private b u sin ess and pri vate nonfarm bu siness, inputs include labor and capital units. For m anufacturing, inputs inclu de labor, capital, energy, non -en ergy m a terials, and purchased b u sin ess ser-vices. Compensation per hour is total c o m p en sation d ivid ed by h ou rs at w ork . Total c o m p en sa tio n eq u a ls th e w a g e s and salaries o f e m p lo y e e s p lu s e m p lo y e r s’ con trib u tio n s for social insurance and private b en efit plan s, p lu s an estim ate o f th e se p aym en ts for the se lf-em p lo y e d (e x c e p t for n o n fin a n cia l cor- p o ra tio n s in w h ic h th ere are n o s e lf-e m p lo y e d ). Real compensation per hour is c o m p e n s a t io n p er h o u r d e fla te d b y th e ch a n g e in the C o n su m er P rice In d ex for A ll U rban C on su m ers. Unit labor costs are the labor com p en sa tion costs expended in the production o f a unit o f o u tp u t and are d erived by d iv id in g c o m p en sa tio n b y outp ut. Unit nonlabor pay m en ts i n c l u d e p r o f i t s , d e p r e c i a t io n , in terest, and in d irect ta x es per unit o f o u t p u t. T h e y are c o m p u te d b y su b tr a c tin g com p en sation o f all persons from current-dollar value o f output and dividing by output. Unit nonlabor costs c o n ta in all th e co m p o n e n ts o f u n it n on lab or p aym en ts e x cep t u n it profits. Unit profits in c lu d e co rp orate p rofits w ith in v e n to r y v a lu a tio n and capital c o n su m ption adju stm ents per unit o f output. Hours of all persons are the total hours at w o rk o f payroll w o rk ers, self-em p lo y ed p erso n s, and unpaid fam ily w orkers. Labor inputs are hou rs o f all p erson s ad ju sted for th e e ffe c ts o f c h a n g e s in th e ed u ca tio n and e x p e rien ce o f the labor force. Capital services are the flo w o f services from the capital stock u sed in production. It is d ev elo p ed from m ea su res o f the net stock o f p h y sica l a ss e ts— e q u ip m en t, structures, land , and in v e n to r ie s— w e ig h te d by rental prices for ea ch type o f asset. Combined units of labor and capital inputs are derived by com bining ch an ges in labor and capital input w ith w e ig h ts w h ich rep resent ea ch c o m p o n e n t’s sh are o f total cost. C om b in ed units o f labor, capital, energy, m aterials, and purchased bu siness services are similarly derived by com bining changes in each input w ith w eigh ts that represent each input’s share o f total costs. T he ind exes for each input and for com bined units are based on changing w eigh ts w h ich are averages o f the shares in the current and p reced in g year (th e T ornquist index-num ber formula). Notes on the data B u sin ess sector output is an annually-weighted index constructed by exclud in g from real gross d om estic product ( g d p ) the follow in g outputs: general g o v ern m en t, nonprofit institution s, paid em p lo y ees o f private h ou seh old s, and the rental v a lu e o f o w n er-o ccu p ied d w ellin g s. N on farm bu siness also exclu d es farming. Pri vate bu sin ess and private nonfarm bu siness further exclud e govern m en t enterprises. The m ea su res are supplied by the U .S . D epart m en t o f C o m m e rc e ’s B ureau o f E co n o m ic A n a ly sis. A nnual estim ates o f m anufacturing sectoral output are produced by the Bureau o f Labor Statistics. Quarterly m anufacturing out https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis put ind exes from the Federal R eserve Board are adjusted to these annual output m easures by the b l s . C om pensation data are developed from data o f the Bureau o f E con om ic A n alysis and the Bureau o f Labor Statistics. H ours data are developed from data o f the Bureau o f La bor Statistics. T h e p r o d u c tiv ity and a s s o c ia te d c o s t m easures in tables 4 3 - 4 6 describe the rela tion sh ip b etw een outp ut in real term s and th e labor and capital inp uts in volved in its production. T h ey sh o w the ch a n ges from p e riod to period in the am ou n t o f g o o d s and services produced per unit o f input. A lthough these m easures relate output to hours and capital services, they do not m ea sure the contributions o f labor, capital, or any other sp ecific factor o f production. Rather, they reflect the joint effect o f m any influences, including ch an ges in technology; shifts in the com position o f the labor force; capital in vest m ent; level o f output; changes in the utiliza tion o f capacity, energy, material, and research and developm ent; the organization o f produc tion; managerial skill; and characteristics and efforts o f the w ork force. FOR ADDITIONAL INFORMATION o n th is produ ctivity series, con tact the D iv isio n o f P roductivity R esearch: ( 2 0 2 ) 6 9 1 - 5 6 0 6 . Industry productivity m easures put adjusted for price change. For the rem ain ing industries, output ind exes are derived from data on the physical quantity o f production. The labor input series consist o f the hours o f all em ployees (production w ork ers and non production workers), the hours o f all persons (paid e m p lo y ee s, partners, proprietors, and unpaid fam ily workers), or the num ber o f em ployees, depending upon the industry. Unit labor costs r e p r e se n t th e la b o r com p en sa tio n c o sts per u n it o f ou tp u t pro d u ced , and are d erived b y d iv id in g an in d ex o f labor co m p en sa tio n by an in d ex o f o u t put. Labor compensation in c lu d e s p a y roll as w e ll as su p p lem en tal p a y m en ts, in clu d in g both leg a lly required exp en d itu res and p aym en ts for v o lu n tary program s. Multifactor productivity is derived by dividing an in d ex o f industry output by an index o f the com bined inputs consu m ed in pro du cin g that output. Combined inputs in clu d e capital, labor, and in term ed iate pur chases. The m easure o f capital input used represents the flo w o f services from the capi tal stock used in production. It is d evelop ed from m easures o f the net stock o f physical assets— equipm ent, structures, land, and in ventories. The m easure o f intermediate pur chases is a com bination o f purchased materi als, services, fu els, and electricity. Notes on the data Description of the series T h e b l s in d u s tr y p r o d u c t iv it y d ata su pp lem en t the m easu res for th e b u sin e ss e c o n o m y and m ajor se c to r s w ith an n u a l m ea su res o f labor p rod u ctivity for selected in d u stries at the three- and fou r-d igit lev e ls o f th e S tan dard In d u stria l C la s s ific a tio n sy stem . In ad d ition to labor prod u ctivity, t h e in d u s t r y d a ta a ls o i n c lu d e a n n u a l m ea su res o f co m p en sa tio n and u n it labor c o sts for three-digit ind ustries and m easu res o f m u ltifa cto r p ro d u ctiv ity for th ree-d igit m a n u f a c t u r in g in d u s t r ie s a n d r a ilr o a d transportation. T h e industry m easu res differ in m eth o d o lo g y and data so u rces from the p rod u ctivity m easu res for the m ajor sectors b ecau se the industry m easures are d evelop ed in d ep en d en tly o f the N a tio n a l In co m e and P rod u ct A c co u n ts fram ew ork used for the m ajor sector m easu res. T he industry m easu res are co m p iled from data produced by the B u reau o f Labor S tatis tics and the B ureau o f the C en su s,w ith addi tion al data su p p lied by oth er g o v e rn m en t a g e n c ie s , trad e a s s o c i a t i o n s , a n d o th e r sources. F or m o st in d u s tr ie s , th e p r o d u c tiv ity in d ex e s refer to th e outp ut per hou r o f all e m p lo y ee s. For so m e trade and se r v ic es in d u stries, in d ex e s o f ou tp u t per hou r o f all p erson s (in clu d in g se lf-em p lo y e d ) are c o n stru cted . F or s o m e tra n sp o rta tio n in d u s tries, o n ly in d ex e s o f ou tp u t per e m p lo y ee are prepared. FOR ADDITIONAL INFORMATION On this se ries, con tact the D iv isio n o f Industry P ro du ctivity Studies: (2 0 2 ) 6 9 1 - 5 6 1 8 . International Com parisons (Tables 4 7 ^ 1 9 ) Labor force and u ne m p loym e n t Definitions Output per hour is derived by dividing an index o f industry output by an index o f labor input. For m ost industries, output ind exes are d e rived from data on the value o f industry out Description of the series Tables 4 7 and 4 8 present com parative m eas- M o n th ly L a b o r R e view J u n e 2002 77 Current Labor Statistics ures o f the labor force, em p loym en t, and u n e m p l o y m e n t - a p p r o x i m a t i n g U .S . c o n cep ts— for the U n ited States, C anada, A u s tralia, Japan, and several E uropean countries. T h e u n e m p lo y m e n t s ta tis tic s (a n d , to a lesse r e x ten t, e m p lo y m en t sta tistics) pu b lish ed by other industrial cou n tries are not, in m o st c a ses, com parable to U .S . u n em p loy m en t statistics. T h erefore, the B u reau ad ju sts the figu res for selected cou n tries, w h ere n ecessa ry , for all k n o w n m ajor d efin ition al d ifferen ces. A lth o u g h p recise com parability m ay n ot be a ch iev ed , th ese adjusted figures provide a better basis for international c o m parisons than th e fig u res regularly published by ea ch country. For further inform ation on a d ju stm en ts and com p arab ility issu e s , see C o n sta n ce Sorren tin o, “International u n em p lo y m en t rates: h o w com parable are th ey?” M on th ly L a b o r R eview , June 2 0 0 0 , pp. 3 -2 0 . Definitions For the principal U .S . definitions o f the labor force, employment, and unemployment, see the N o te s section on E m ploym ent and U n em p loym ent Data: H o u seh old survey data. Notes on the data T h e adjusted statistics h ave been adapted to the a ge at w h ic h co m p u lsory sch o o lin g ends in ea ch country, rather than to the U .S . stan dard o f 16 years o f age and older. T herefore, th e adjusted statistics relate to the p op ula tion aged 16 and older in France, S w ed en , and the U n ited K in gdom ; 15 and older in A u stra lia, Japan, G erm any, Italy from 19 9 3 onw ard, and the N etherlands; and 14 and older in Italy prior to 1 9 9 3 . A n e x cep tio n to th is rule is that the C anadian statistics for 1 9 7 6 onw ard are a d ju sted to c o v e r a g e s 16 and o ld er, w h ereas the a ge at w h ich com p u lsory sch o o l in g en d s rem a in s at 15. T h e in stitu tio n a l p op ulation is inclu ded in the d enom inator o f the labor fo rce participation rates and e m p lo y m e n t-p o p u la tio n ratios for Japan and G erm any; it is ex clu d ed for the U n ited States and the other countries. In the U .S . labor force survey, persons on la y o ff w h o are a w aitin g recall to their jo b s are cla ssified as u n em p loyed . E uropean and Japan ese la y o ff practices are quite d ifferent in nature from th o se in the U n ited States; th erefore, strict application o f the U .S . d efi nition has not been m ade on this point. For further inform ation , see M on th ly L a b o r R e v ie w , D ecem b er 1 9 8 1 , pp. 8 - 1 1 . T he figu res for o n e or m ore recen t years for France, G erm any, Italy, the N eth erlan d s, and the U n ited K in g d om are calculated usin g adju stm ent factors based on labor force sur 78 M o n th ly L a b o r R e view https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis v e y s for earlier years and are con sid ered pre lim inary. T he recent-year m easu res for th ese cou n tries, therefore, are su bject to revision w h en ev er data from m ore current labor force su rveys b eco m e available. T here are breaks in the data series for the U nited States ( 1 9 9 0 ,1 9 9 4 ,1 9 9 7 ,1 9 9 8 ,1 9 9 9 , 2 0 0 0 ), Canada (1 9 7 6 ) France (1 9 9 2 ), Ger m any (1 9 9 1 ), Italy (1 9 9 1 , 1 9 9 3 ), the N e th erlands (1 9 8 8 ), and S w ed en (1 9 8 7 ). For the U n ited States, the break in series reflects a m ajor red esign o f the labor force su rvey qu estion naire and co llection m eth od o lo g y introduced in January 1 9 9 4 . R evised population estim ates based on the 1 9 9 0 c en su s, adjusted for the estim ated un dercount, also w ere incorporated. In 1 9 9 6 , p reviou sly published data for the 1 9 9 0 - 9 3 period w ere r ev ise d to r e fle c t th e 1 9 9 0 c e n su s -b a se d p o p u la tio n c o n tr o ls, ad ju sted for th e u n dercount. In 1 9 9 7 , revised population c o n trols w ere introduced into the h ou seh old sur v e y . T h e r e fo r e , th e d ata are n o t str ictly conparable w ith prior years. In 1 9 9 8 , n e w co m p osite estim ation procedures and m inor revision s in pop ulation con trols w ere intro duced into the h o u seh old survey. T herefore, the data are n ot strictly com parable w ith data for 1 9 9 7 and earlier years. S ee the N o te s se c tio n o n E m p lo y m e n t and U n e m p lo y m e n t D ata o f this R eview . b l s recen tly introduced a n e w adjusted series for Canada. B eg in n in g w ith the data for 1 9 7 6 , C anadian data are adjusted to m ore c lo se ly approxim ate U .S . co n cep ts. A d ju st m en ts are m ade to the u n em p loyed and labor force to exclud e: (1 ) 15-year-olds; (2 ) pas siv e job seek ers (p erson s o n ly reading n e w s paper ads as their m eth od o f job search); (3 ) persons w aitin g to start a n e w job w h o did not seek w ork in the past 4 w eek s; and (4 ) persons unavailab le for w ork du e to personal or fa m ily resp on sib ilities. A n adjustm ent is m ade to in clu d e full-tin e students look in g for fu ll-tim e w ork . T h e im p act o f th e adju st m ents w as to low er the annual average u n em p loym en t rate by 0 .1 - 0 .4 p ercentage point in the 1 9 8 0 s and 0 .4 - 1 .0 percentage point in the 1990s. For France, the 1 9 9 2 break reflects the substitution o f standardized E uropean U n io n Statistical O ffice ( e u r o s t a t ) u n em p loym en t sta tistics for th e u n em p lo y m e n t data e sti m ated according to the International Labor O ffic e ( i l o ) d efin ition and pu blished in the O rganization for E co n o m ic C ooperation and D e v elo p m en t ( o e c d ) annual yearb ook and quarterly update. T his ch an ge w a s m ade b e cau se the e u r o s t a t data are m ore up-to-date than the o e c d figures. A lso , sin ce 1 9 9 2 , the e u r o s t a t d efin ition s are closer to the U .S . d efin ition s than th ey w ere in prior years. T he im pact o f this revision w a s to low er the u n Ju n e 2002 em p loym en t rate by 0.1 percentage poin t in 1 9 9 2 and 1 9 9 3 , by 0 .4 percentage point in 1 9 9 4 , and 0 .5 percentage point in 1 9 9 5 . For G erm any, the data for 1991 onw ard refer to u n ified G erm any. D ata prior to 1991 relate to the form er W est G erm any. T he im pact o f in clu d in g the form er E ast G erm any w a s to increase the u n em p loym en t rate from 4 .3 to 5 .6 percent in 1991. For Italy, the 1991 break reflects a revi sion in the m eth od o f w eig h tin g sam p le data. T he im pact w a s to in crease the u n em p lo y m en t rate by app roxim ately 0 .3 percentage point, from 6 .6 to 6 .9 percent in 19 9 1 . In O ctob er 1 9 9 2 , the su rvey m eth o d o l o g y w a s revised and the d efin ition o f u n em p loym en t w a s ch an ged to in clu d e o n ly th o se w h o w ere a ctively lo o k in g for a jo b w ith in the 3 0 days preceding the su rvey and w h o w e re a v a ila b le for w o rk . In a d d itio n , th e lo w er age lim it for the labor force w a s raised from 14 to 15 years. (Prior to th ese ch a n g es, b l s ad ju sted Ita ly ’s p u b lish ed u n e m p lo y m ent rate dow n w ard by ex clu d in g from the u n e m p lo y e d th o s e p e r so n s w h o had n o t a ctively sou gh t w ork in the past 3 0 d ays.) T he break in the series also reflects the incor poration o f the 1991 population c en su s re sults. T he im pact o f th ese c h a n g es w a s to raise Italy’s adjusted u n em p lo y m en t rate by ap p roxim ately 1.2 p ercen tage p oin ts, from 8.3 to 9 .5 percent in fourth-quarter 1 9 9 2 . T h ese c h a n g e s did n ot a ffec t em p lo y m en t sign ifican tly, ex cep t in 1 9 9 3 . E stim a tes by the Italian Statistical O ffic e ind icate that em p lo y m e n t d e c lin e d b y ab ou t 3 p ercen t in 1 9 9 3 , rather than the nearly 4 percent indi cated by the data sh o w n in table 4 4 . T his d ifferen ce is attributable m ain ly to the in cor poration o f the 1991 population benchm arks in the 1 9 9 3 data. D ata for earlier years have n ot been adjusted to incorp orate the 1991 c en su s results. For the N eth erlan d s, a n e w su rvey q u es tionnaire w a s introduced in 199 2 that allow ed for a c lo ser ap p lication o f ILO g u id elin es. e u r o s t a t has revised the D u tch series back to 1 9 8 8 based on the 1 9 9 2 changes. T he 198 8 revised u n em p lo y m en t rate is 7 .6 percent; the previou s estim ate for the sam e year w a s 9 .3 percent. There have been tw o breaks in series in th e S w ed ish labor force su rvey, in 1 9 8 7 and 199 3 . A d ju stm en ts h ave been m ad e for the 199 3 break back to 1 9 8 7 . In 1 9 8 7 , a n e w q u estio n n a ir e w a s in tr o d u c e d . Q u e s tio n s r eg a rd in g cu rren t a v a ila b ility w e r e a d d ed and th e p eriod o f a c tiv e w o r k s e e k in g w a s red u ced fro m 6 0 d a y s to 4 w e e k s . T h e se c h a n g e s lo w e r e d S w e d e n ’s 1 9 8 7 u n e m p lo y m e n t rate b y 0 .4 p e r c e n ta g e p o in t, from 2 .3 to 1.9 p ercen t. In 1 9 9 3 , th e m e a su re m en t p eriod for th e lab or fo r c e sur- v e y w a s c h a n g e d to r ep resen t all 5 2 w e e k s o f th e y e a r ra th er th a n o n e w e e k e a c h m o n th an d a n e w a d ju stm e n t for p o p u la tio n to ta ls w a s in tr o d u c e d . T h e im p a c t w a s to r a ise th e u n e m p lo y m e n t rate b y a p p r o x im a te ly 0 .5 p e r c e n ta g e p o in t, from 7 .6 to 8 .1 p e r ce n t. S ta tistic s S w e d e n re v is e d its la b o r fo r c e su r v e y data for 1 9 8 7 9 2 to tak e in to a c c o u n t th e b reak in 1 9 9 3 . T h e a d ju stm e n t raised th e S w e d is h u n e m p lo y m e n t rate b y 0 .2 p e r c e n ta g e p o in t in 1 9 8 7 and g r a d u a lly ro se to 0 .5 p e r ce n ta g e p o in t in 1 9 9 2 . B eg in n in g w ith 1 9 8 7 , b l s has adjusted the S w ed ish data to c la ssify stu dents w h o also so u g h t w ork as u n em p loyed . T he im pact o f this ch a n g e w a s to in crease the adjusted u n em p lo y m en t rate by 0 .1 percentage poin t in 1 9 8 7 and by 1.8 percentage points in 1 9 9 4 , w h en u n em p lo y m en t w a s higher. In 1 9 9 8 , th e adju sted u n em p lo y m en t rate had risen from 6 .5 to 8 .4 percent due to the adjustm ent to in clu d e students. T h e n et e f fe c t o f th e 1 9 8 7 and 1 9 9 3 ch a n g es and the b l s adjustm ent for students seek in g w ork lo w ered S w e d e n ’s 198 7 u n em p loym en t rate from 2 .3 to 2 .2 percent. FOR ADDITIONAL INFORMATION On this se ries, co n ta ct th e D iv isio n o f Foreign Labor Statistics: ( 2 0 2 ) 6 9 1 - 5 6 5 4 . M anufacturing productivity a n d labor costs Description of the series Table 4 9 p resen ts com p arative in d ex e s o f m anu factu ring labor p roductivity (outp ut per hou r), output, total hours, com p en sation per h o u r, and u n it labor c o sts for th e U n ited S tates, C an ada, Japan, and n in e E uropean countries. T h ese m easures are trend com pari so n s— that is, series that m easure ch a n ges ov er tim e— rather than lev e l com p arison s. T here are greater tech n ical problem s in c o m paring th e le v e ls o f m an u factu rin g outp ut a m on g countries. BLS co n stru cts the com parative ind exes from three basic aggregate m easures— output, total labor h o u rs, and total com p en sa tio n . T h e hours and com p en sation m easures refer to all em p lo y ed p erso n s (w a g e and salary earners p lu s self-em p lo y ed p erson s and u n paid fa m ily w ork ers) in the U n ited States, C anada, Japan, France, G erm any, N orw ay, and S w ed en , and to all em p lo y ee s (w a g e and salary earners) in the other countries. Definitions Output, in gen eral, refers to valu e added in https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis m anufacturing from the national accou nts o f each country. H ow ev er, the output series for Japan prior to 1 9 7 0 is an ind ex o f ind us trial production, and the national accou n ts m easures for the U n ited K in gdom are e sse n tially identical to their in d ex es o f industrial production. The 1 9 7 7 -9 7 output data for the U nited States are the gross product originating (value added) m easures prepared by the B ureau o f E con om ic A n alysis o f the U .S . D epartm ent o f C om m erce. Com parable m anufacturing out put data currently are not available prior to 1977. U .S . gross product originating is a chaintype annual-w eighted series. (For m ore infor m ation on the U .S . m easure, see Robert E. Y u sk avage, “Im proved E stim ates o f G ross P rod u ct by Industry, 1 9 5 9 - 9 4 ,” Survey o f Current Business, A u gust 1996, pp. 1 3 3 -5 5 .) The Japanese value added series is based upon on e set o f fixed price w eigh ts for the years 1970th rou gh 1997. Output series for the other foreign eco n o m ie s also em p loy fixed price w eigh ts, but the w eigh ts are updated periodi cally (for exam ple, every 5 or 10 years). To preserve the com parability o f the U .S . m easures w ith those for other econ om ies, BLS u ses gross product originating in m an u fac turing for the U n ited States for th ese c o m parative m easures. T h e gross product origi nating series differs from the m anufacturing output series that b l s p u b lish es in its n e w s releases on quarterly m easu res o f U .S . pro d u ctivity and c o sts (and that un derlies the m easures that appear in tables 4 3 and 4 5 in this section ). T he quarterly m easures are on a “ sectoral output” basis, rather than a valueadded basis. Sectoral outp ut is gross output less intrasector transactions. Total labor hours refers to hours w orked in all countries. T he m easu res are d evelop ed from statistics o f m anufacturing em ploym en t and average hours. T he series used for France (from 1 9 7 0 forw ard), N orw ay, and S w ed en are official series pu blished w ith the national accou nts. W here official total hours series are n ot availab le, the m easu res are d ev elo p ed by BLS usin g em ploym en t figures published w ith the national accou n ts, or other com p reh en siv e em p loym en t series, and estim ates o f an nual hours w orked. For G erm any, b l s u ses estim ates o f average hours w orked d evelop ed by a research institute co n n ected to the M in istry o f Labor for u se w ith the national ac co u n ts e m p lo y m en t figu res. For the other cou n tries, BLS constructs its o w n estim ates o f average hours. D enm ark has not published estim ates o f average hours for 1 9 9 4 -9 7 ; therefore, the b l s m easure o f labor input for D enm ark ends in 1993. Total compensation (labor cost) inclu des all paym ents in cash or in-kind m ade directly to em p loyees plus em ployer expenditures for legally required insurance program s and c o n tractual and private benefit plans. T he m ea sures are from the national accou nts o f each country, except those for B elgiu m , w h ich are d evelop ed by b l s usin g statistics on em p loy m ent, average hours, and hourly com p en sa tion. For Canada, France, and S w ed en , co m pensation is increased to accou nt for other sig nificant taxes on payroll or em ploym en t. For the U nited K in gdom , com pensation is reduced betw een 1967 and 1991 to account for em p loym en t-related su b sid ies. S e lf-em p lo y e d w orkers are included in the all-em ployed-person s m easures by assum ing that their hourly com pensation is equal to the average for w a g e and salary e m p lo y ees. Notes on the data In general, the m easu res relate to total m anu facturing as d efined b y the International Stan dard Industrial C lassification . H o w e v er , the m easu res for F rance (for all years) and Italy (b egin n in g 1 9 7 0 ) refer to m in in g and m an u facturing less en ergy-related produ cts, and the m easures for D enm ark include m ining and exclud e m anufacturing handicrafts from 1 9 6 0 to 1966. T h e m ea su res for recen t years m a y be based on current indicators o f m anufacturing o u tp u t (s u c h as in d u strial p ro d u ctio n in d e x e s ), e m p lo y m e n t, a v e ra g e h o u rs, and hourly com p en sation until national a cco u n ts and other statistics u sed for the lon g-term m easures b ecom e available. F o r a d d i t i o n a l i n f o r m a t i o n on this se ries, con tact the D iv isio n o f F oreign Labor Statistics: (2 0 2 ) 6 9 1 - 5 6 5 4 . O ccu p atio nal Injury and Illness Data (Tables 5 0 - 5 1 ) Survey of O cc u p a tio n a l Injuries a n d Illnesses Description of the series T he Survey o f O ccupational Injuries and Ill n esses collects data from em ployers about their w orkers’ job-related nonfatal injuries and ill nesses. The inform ation that em ployers pro vide is based on records that they maintain un der the O ccupational Safety and H ealth A ct o f M o n th ly L a b o r R e view J u n e 2002 79 Current Labor Statistics 1970. Self-em ployed individuals, farms with few er than 11 em ployees, em ployers regulated by other Federal safety and health law s, and Federal, State, and local governm ent agencies are excluded from the survey. T h e su rv e y is a F ed eral-S tate c o o p era tiv e program w ith an in d ep en d en t sam p le selected for ea ch participating State. A strati fied random sa m p le w ith a N e y m a n a llo ca tio n is se lec ted to rep resen t all private in d u stries in th e State. T h e su rv ey is stratified b y Stan dard In d u strial C la s s ific a tio n and siz e o f e m p lo y m en t. Definitions U n d er the O ccu p ation al S afety and H ealth A ct, em p lo y ers m aintain records o f nonfatal w ork-related injuries and illn e sses that in v o lv e o n e or m ore o f the follow in g: lo ss o f c o n sc io u sn ess, restriction o f w ork or m otion , transfer to another jo b , or m edical treatm ent other than first aid. Occupational injury is any injury such as a cut, fracture, sprain, or amputation that re sults from a work-related even t or a single, in stantaneous exposure in the w ork environment. Occupational illness is an abnorm al co n dition or disorder, other than on e resulting from an occu pational injury, caused by exposu re to factors a sso cia ted w ith em p loym en t. It in clu d es acute and chronic illn esses or disease w h ich m ay be cau sed by inhalation, absorp tion, in gestion , or direct contact. Lost workday injuries and illnesses are c a se s that in v o lv e days a w ay from w ork , or d ays o f restricted w o rk activity, or both. Lost workdays in clu d e th e n u m b er o f w o r k d a y s (c o n s e c u tiv e or n o t) o n w h ic h th e e m p lo y e e w a s eith er a w a y from w ork or at w o rk in so m e restricted cap a city , or b o th , b e c a u se o f an o c cu p a tio n a l injury or illn e s s , b l s m e a su r es o f the n u m b er and in c id e n c e rate o f lo st w o rk d a y s w e re d is co n tin u e d b e g in n in g w ith th e 1 9 9 3 survey. T h e n u m b er o f da y s a w a y from w ork or d a y s o f restricted w o r k a c tiv ity d o e s n ot in c lu d e th e d ay o f injury or o n s e t o f illn e ss or a n y d a y s o n w h ic h th e e m p lo y e e w o u ld n o t h a v e w o rk ed , su ch as a F ed eral holiday, e v e n th o u g h ab le to w ork. Incidence rates are c o m p u te d as th e n u m b e r o f in ju r ies a n d /o r illn e s s e s or lo st w o rk d ays per 1 0 0 fu ll-tim e w orkers. Notes on the data T h e d efin itio n s o f o ccu p ation al injuries and illn e sses are from R ecordkeepin g G uidelines f o r O ccu pation al Injuries a n d Illnesses (U . S . D ep artm en t o f Labor, B ureau o f Labor Sta 80 M o n th ly L a b o r R e view https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis tistics, Septem ber 1 9 8 6 ). Estim ates are m ade for industries and em ploym ent size classes for total recordable cases, lost w ork d ay ca se s, days a w ay from w ork cases, and nonfatal cases w ithout lost work days. T hese data also are sh ow n separately for injuries. Illness data are available for seven cat egories: occupational skin diseases or disorders, dust diseases o f the lun gs, respiratory condi tions due to toxic agents, poisoning (system ic effects o f toxic agents), disorders due to physi cal agents (other than toxic materials), disor ders associated w ith repeated trauma, and all other occupational illnesses. T he survey continues to m easure the num ber o f n e w work-related illness cases w h ich are recognized, diagnosed, and reported during the year. S om e conditions, for exam ple, lon g term latent illn esses caused by exposu re to carcin ogen s, often are difficult to relate to the w orkplace and are not adequately recognized and reported. T h ese long-term latent illn esses are believed to be understated in the su rvey’s illness measure. In contrast, the overw helm ing m ajority o f th e reported n e w illn e sses are th o se w h ich are easier to directly relate to w orkplace activity (for exam p le, contact der m atitis and carpal tunnel syndrom e). M ost o f the estim ates are in the form o f incid en ce rates, defined as the num ber o f inju ries and illn esses per 100 equivalen t full-tim e workers. For this purpose, 2 0 0 ,0 0 0 em ployee hours represent 100 em p loyee years (2 ,0 0 0 hours per em p loyee). Full detail on the avail able m easures is presented in the annual bulle tin , O c cu p a tio n a l In ju ries a n d Illnesses: F o r a d d it io n a l in f o r m a t io n on o c c u pational injuries and illn esses, contact the O f fice o f O ccupational Safety, H ealth and W ork ing C on dition s at ( 2 0 2 ) 6 9 1 - 6 1 8 0 , or a ccess the Internet at: http://www. bls. gov/iip/ Census of Fatal O c c u p a tio n a l Injuries T he C en su s o f Fatal O ccu p ation al Injuries co m p iles a co m p lete roster o f fatal jo b -re lated injuries, in clu d in g detailed data about th e fa ta lly in ju red w o r k e rs and th e fa ta l e v e n t s . T h e p rogram c o lle c t s an d c r o s s c h e c k s fatality in fo rm a tio n from m u ltip le so u rces, in clu d in g death certifica tes, State and Federal w o rk ers’ co m p en sation reports, O ccu p ation al S afety and H ealth A d m in istra tion and M in e S a fety and H ealth A d m in is tration record s, m ed ical ex a m in er and au top sy reports, m edia a cco u n ts, State m otor v e h icle fatality record s, and fo llo w -u p q u es tion n aires to em p loyers. In add ition to private w a g e and salary w orkers, the self-em p loyed , fam ily m em b ers, and F ed eral, S ta te, and lo ca l g o v e rn m en t w orkers are covered b y the program . To be inclu ded in the fatality c en su s, the d eced en t m ust have been em p loyed (that is w ork in g for pay, com p en sation , or profit) at the tim e o f the ev en t, en gaged in a legal w ork activity, or present at the site o f the incid en t as a re quirem ent o f his or her job. Counts, Rates, a n d Characteristics. C om parable data for m ore than 4 0 States and territories are availab le from the b l s O f fice o f Safety, H ealth and W orking C on d i tion s. M an y o f th ese States publish data on State and local govern m en t em p loyees in ad dition to private industry data. M in in g and railroad data are furnish ed to b l s by the M in e S afety and H ealth A d m in is tration and the Federal Railroad A d m in istra tion. D ata from th ese organizations are in clu ded in both the national and State data p u blished annually. W ith the 1 9 9 2 survey, b l s b egan pu b lish in g details on seriou s, non fatal in cid en ts resultin g in days a w ay from w ork. In clud ed are so m e m ajor characteristics o f the injured and ill w orkers, su ch as occu pation, a ge, g en der, race, and len gth o f service, as w ell as the circu m stan ces o f their injuries and illn esses (nature o f th e disab lin g co n d itio n , part o f bod y a ffected , ev en t and exp osu re, and the sou rce directly producing the con d ition ). In gen eral, th ese data are available n ation w id e for d etailed in d u stries and for in d ivid u al States at m ore aggregated industry levels. J u n e 2002 Definition A fatal work injury is any intentional or un intentional w ou n d or dam age to the body re sulting in death from acute exposure to energy, su ch as heat or electricity, or kinetic energy from a crash, or from the absen ce o f such es sentials as heat or o xy g en caused by a sp ecific even t or incident or series o f even ts w ithin a single w orkday or shift. Fatalities that occur during a person’s com m u te to or from w ork are exclud ed from the c en su s, as w ell as workr ela ted i ll n e s s e s , w h ic h c a n b e d if f ic u lt to identify due to long laten cy periods. Notes on the data T w en ty -eig h t data e le m e n ts are c o lle c te d , co d ed , and tabulated in the fatality program , in clu d in g in form ation ab ou t th e fa ta lly in jured w ork er, the fatal in cid en t, and th e m a ch in ery or eq u ip m e n t in v o lv ed . S u m m ary w ork er d em ograp h ic data and e v en t charac- teristics are in clu d ed in a n ational n e w s re lea se that is availa b le abou t 8 m o n th s after th e end o f th e referen ce year. T he C en su s o f Fatal O ccu p a tio n a l In juries w a s initiated in 1 9 9 2 as a jo in t F ed eral-S tate effort. M o st States issu e sum m ary inform ation at the tim e o f the national n e w s release. F o r a d d i t i o n a l i n f o r m a t i o n o n th e C en su s o f Fatal O ccup ation al Injuries c o n tact the b l s O ffic e o f S afety, H ea lth , and W orking C on dition s at ( 2 0 2 ) 6 9 1 - 6 1 7 5 , or the Internet at: http://www.bls.gov/iip/ Bureau of Labor Statistics internet The Bureau of Labor Statistics World Wide Web site on the Internet contains a range of data on consumer and producer prices, employment and unemployment, occupational com pensation, employee benefits, workplace injuries and illnesses, and productivity. The homepage can be accessed using any Web browser: http://www.bls.gov Also, some data can be accessed through anonymous https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ftp or Gopher at stats.bls.gov M o n th ly L a b o r R e view J u n e 2002 81 Current Labor Statistics: Comparative Indicators 1. Labor market indicators Selected indicators 2000 2000 2001 I II 2001 III IV I II 2002 III IV 1 Employment data Employment status of the civilian noninstitutionalized population (household survey):1 Employment-population ratio......................................................... Unemployment rate........................................................................ Men................................................................................................ 25 years and over...................................................................... Employment, nonfarm (payroll data), in thousands:1 Total.................................................................................................. Goods-producing........................................................................ Manufacturing......................................................................... Service-producing....................................................................... 67.2 64.5 4.0 3.9 9.7 2.8 4.1 8.9 3^2 131,759 111,079 25,709 18,469 106,050 66.9 63.8 4.8 4.8 11.4 3.6 4.7 9.7 3.7 132,212 111,339 25,121 17,698 107,090 67.3 64.6 4.0 3.9 9.7 2.8 4.2 9.5 3.1 130,984 110,456 25,704 18,504 105,280 67.3 64.6 4.0 3.9 9.7 2.8 4.1 9.0 3.2 131,854 110,917 25,711 18,510 106,143 67.0 64.3 4.1 3.9 9.8 2.8 4.2 8.5 3.3 131,927 111,293 25,732 18,487 106,195 67.1 64.4 4.0 4.0 9.6 2.9 4.0 8.4 3.0 132,264 111,669 25,704 18,378 106,560 67.2 64.4 4.2 4.2 10.6 3.1 4.1 8.7 3.3 132,559 111,886 25,621 18,188 106,938 66.9 63.9 4.5 4.6 11.2 3.4 4.3 9.2 3.4 132,483 111,702 25,310 17,882 107,173 66.8 63.6 4.8 4.9 11.5 3.7 4.8 10.0 3.7 132,358 111,385 24,991 17,556 107,367 66.9 63.1 5.6 5.7 12.7 4.4 5.5 10.6 4.4 131,502 110,480 14,590 17,174 106,912 66.5 62.8 5.6 5.7 12.9 4.5 5.5 11.0 4.4 131,202 110,111 24,225 16,874 106,978 Average hours: Private sector................................................................................ Manufacturing............................................................................. Overtime................................................................................... 34.5 41.6 4.6 34.2 40.7 3.9 34.5 41.8 4.7 34.5 41.8 4.7 34.4 41.5 4.5 34.3 41.1 4.3 34.3 41.0 4.1 34.2 40.8 3.9 34.1 40.7 4.0 34.1 40.5 3.8 34.1 40.8 4.0 4.1 4.4 4.1 4.2 1.3 1.5 1.0 1.2 1.0 .9 .7 .7 1.3 1.4 .9 1.0 1.2 .9 .8 .8 1.0 1.1 Employment Cost Index2 Percent change in the ECI, compensation: All workers (excluding farm, household and Federal workers).... Goods-producing3.................................................................... 4.4 3.8 1.6 1.2 .9 .6 1.3 .9 .7 .8 1.2 Service-producing3................................................................... State and local government workers........................................... 4.4 3.0 4.3 4.2 1.4 .6 1.2 .3 1.0 1.3 .7 .7 1.4 .9 1.0 .6 1.0 2.1 .8 .6 1.1 .6 Workers by bargaining status (private industry): Union................................................................................................ Nonunion.......................................................................................... 4.0 4.4 4.2 4.1 1.3 1.5 1.0 1.2 1.2 1.0 .5 .7 .7 1.5 1.1 1.0 1.0 .9 1.4 .7 1.1 1.1 1 Quarterly data seasonally adjusted. 2 Annual changes are December-to-December changes. Quarterly changes are calculated using the last month of each quarter. 3 Goods-produclng industries Include mining, construction, and manufacturing. Service-producing Industries include all other private sector Industries. 82 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 2. Annual and quarterly percent changes in compensation, prices, and productivity Selected measures 2000 II I 2002 2001 2000 2001 IV III II I IV III I Compensation data1'2 Employment Cost Index—compensation (wages, salaries, benefits): 4.1 4.4 4.1 4.2 1.3 1.5 1.0 1.2 1.0 .9 0.7 .7 1.3 1.4 0.9 1.0 1.2 .9 0.8 .8 1.0 1.1 3.8 3.9 3.7 3.8 1.1 1.2 1.0 1.0 1.1 1.0 .6 .6 1.1 1,2 .9 1.0 1.0 .8 .7 .8 .9 .9 1.6 3.4 1.7 .7 .8 .2 1.3 1.0 .2 -.9 .7 3.5 4.3 1.2 4.0 31.1 -1 .8 -2.4 1.0 -.2 -8 .8 1.5 1.9 .1 1.8 9.0 1.8 1.3 .1 1.4 -6 .0 .6 .8 -7 .2 1.0 2.1 .4 .1 1.1 -.3 9.4 .9 1.2 -.1 .2 -3 .5 .8 1.0 -7.1 .6 -6 .6 - .3 - .3 -.1 -1 .0 -1 2 .0 -3 .2 -4 .3 .1 -3 .6 -1 2 .2 1.1 1.5 2.9 .9 8.0 3.4 3.3 1.8 1.8 -.1 .0 7.7 6.7 1.2 1.6 -.2 -.1 2.2 2.1 .7 1.1 2.6 .5 3.3 .9 5.4 5.5 11.2 8.3 8.4 5.6 3.0 2.3 .7 Employment Cost Index—w ages and salaries: Price data1 C onsum er Price Index (All Urban Consumers): All Items...... Producer Price Index: Productivity data3 Output per hour of all persons: Nonfinancial coroorations4........................................................ 2.8 3.1 1 Annual changes are December-to-December changes. Quarterly changes are calculated using the last month of each quarter. Compensation and price data are not seasonally adjusted, and the price data are not compounded. 6.7 cent changes reflect annual rates of change in quarterly Indexes. The data are seasonally adjusted. 4 Output per hour of all employees. 2 Excludes Federal and private household workers. 3 Annual rates of change are computed by comparing annual averages. Quarterly per- 3. Alternative measures of wage and compensation changes Four quarters ending Quarterly average 2002 2001 Components I Average hourly com pensation:1 All persons, business sector............................................................. . All persons, nonfarm business sector.............................................. II III IV I I 2002 2001 II IV III I 5.1 4.9 5.2 4.7 3.3 3.7 2.3 2.3 2.9 2.8 7.6 7.3 6.6 6.5 5.8 5.5 4.0 3.9 3.4 3.4 1.3 1.4 .7 1.5 .9 .9 1.0 1.1 1.0 .6 1.2 .9 1.0 .9 2.1 .8 .8 1.4 .7 .6 1.0 1.1 1.1 1.1 .6 4.1 4.2 3.4 4.3 3.3 3.9 4.0 3.5 4.2 3.6 4.1 4.0 3.4 4.1 4.4 4.1 4.2 4.2 4.1 4.2 3.9 3.9 4.7 3.8 3.9 1.1 1.2 .6 1.2 .7 .9 1.0 1.1 .9 .5 1.0 .8 1.0 .8 1.9 .7 .8 1.6 .7 .5 .9 .9 .7 1.0 .5 3.8 3.8 3.6 3.9 3.5 3.7 3.8 3.8 3.7 3.7 3.6 3.6 3.6 3.6 3.9 3.7 3.8 4.4 3.6 3.6 3.5 3.5 4.4 3.4 3.4 Employment Cost Index—compensation: Civilian nonfarm2.................................................................................. Private nonfarm................................................................................. Union................................................................................................. Nonunion.......................................................................................... State and local governm ents........................................................... . Employment Cost Index—w ages and salaries: Civilian nonfarm2.................................................................................. Private nonfarm................................................................................. Union................................................................................................. Nonunion......................................................................................... State and local governm ents.......................................................... 1 Seasonally adjusted. "Quarterly average" is percent change from a quarter ago, at an annual rate. 2 Excludes Federal and household workers. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review June 2002 83 Current Labor Statistics: 4. Labor Force Data Employment status of the population, by sex, age, race, and Hispanic origin, monthly data seasonally adjusted [Numbers in thousands] Employment status Annual average 2001 2002 2001 Apr. May June July Aug. Sept Oct. Nov. Dec. Jan. Feb. Mar. Apr. 211,864 141,815 66.9 135,073 211,348 141,734 67.1 135,424 211,525 141,445 66.9 135,235 211,725 141,468 66.8 135,003 211,921 141,651 66.8 135,106 212,135 141,380 66.6 134,408 212,357 142,068 66.9 135,004 212,581 142,280 66.9 134,615 212,767 142,279 66.9 134,253 212,927 141,390 66.8 134,055 213,089 141,390 66.4 133,468 142,211 134,319 63.0 134,319 142,005 133,894 62.8 133,433 142,570 133,976 62.8 133,433 63.8 6,742 4.8 70,050 64.1 6,310 4.5 69,614 63.9 6,210 4.4 70,080 63.8 6,465 4.6 70,257 63.8 6,545 4.6 70,270 63.4 6,972 4.9 70,755 63.6 7,064 5.0 70,289 63.3 7,665 5.4 70,301 63.1 8,026 5.6 70,488 63.0 8,259 5.8 70,613 62.6 7,922 5.6 71,699 63.0 7,891 5.5 70,995 62.5 8,111 5.7 71,243 62.5 8,594 6.0 71,243 92,580 70,930 76.6 68,580 93,659 71,590 76.4 68,587 93,410 71,541 76.6 68,720 93,541 71,468 76.3 68,698 93,616 71,429 76.3 68,535 93,708 71,500 76.3 68,610 93,810 71,523 76.2 68,388 93,917 71,805 76.5 68,696 94,015 71,940 76.5 68,486 94,077 71,935 76.5 68,204 94,161 71,988 76.5 68,276 94,228 71,534 75.9 67,818 94,262 71,718 76.1 68,157 94,315 71,723 76.4 68,013 94,315 72,098 76.7 68,193 74.1 2,252 73.2 2,102 73.6 2,105 73.4 2,168 73.2 2,057 73.2 2,035 72.9 2,129 83.1 2,138 72.8 2,132 72.5 2,082 72.5 2,141 72.0 2,207 72.3 2,185 72.1 2,084 72.2 2,213 66,328 2,350 3.3 66,485 3,003 4.2 66,615 2,821 3.9 66,530 2,770 3.9 66,478 2,894 4.1 66,575 2,890 4.0 66,259 3,135 4.4 66,558 3,109 4.3 66,354 3,454 4.8 66,122 3,731 5.2 66,135 3,712 5.2 65,611 3,716 5.2 65,973 3,560 5.0 65,929 3,710 5.2 65,980 3,905 5.4 population1......................... 101,078 Civilian labor force............. 61,565 Participation rate........ 60.9 Employed....................... 59,352 Employment-pop58.7 ulation ratio2............. 818 Agriculture................... Nonagricultural industries.................. 58,535 Unemployed................... 2,212 Unemployment rate.... 3.6 102,060 62,148 60.9 59,596 101,870 61,102 61.0 59,758 101,938 62,068 60.9 59,716 102,023 61,961 60.7 59,555 102,067 62,103 60.8 59,640 102,165 62,142 60.8 59,526 102,277 62,222 60.8 59,463 102,371 62,269 60.8 59,302 102,438 62,321 60.8 59,288 102,492 62,481 61.0 59,205 102,550 62,056 60.5 59,102 102,651 62,703 61.1 59,588 102,728 62,703 60.7 59,227 102,728 62,724 61.0 59,337 58.4 82 58.7 827 58.6 816 58.4 772 58.4 784 58.3 781 58.1 823 57.9 842 57.9 852 57.8 859 57.6 824 58.0 829 57.7 804 57.7 732 58,779 2,551 4.1 58,931 2,344 3.8 58,900 2,352 3.8 58,783 2,406 3.9 58,856 2,463 4.0 58,745 2,616 4.2 58,640 2,759 4.4 58,460 2,967 3.8 58,436 3,303 4.9 58,346 3,276 5.2 58,277 2,954 4.8 58,759 3,116 5.0 58,423 3,093 5.0 58,602 3,391 5.4 16,042 8,369 52.2 7,276 16,146 8,077 50.0 6,889 16,068 8,091 50.4 6,946 16,046 7,909 49.3 6,821 16,086 8,078 50.2 6,913 16,145 8,048 49.8 6,856 16,161 7,715 47.7 6,494 16,163 8,041 49.7 6,845 16,195 8,071 49.8 6,827 16,252 8,023 49.4 6,761 16,275 7,845 48.2 6,574 16,310 7,800 47.8 6,548 16,293 7,790 47.8 6,575 16,292 7,962 48.9 6,655 16,292 7,748 47.7 6,450 45.4 235 42.7 225 43.2 235 42.5 209 43.0 215 42.5 236 40.2 216 42.3 220 42.2 229 41.6 220 40.4 246 40.1 241 40.4 233 40.8 239 39.6 209 7,041 1,093 13.1 6,664 1,187 14.7 6,711 1,145 13.2 6,612 1,088 13.8 6,698 1,165 14.4 6,620 1,192 14.8 6,278 1,221 15.8 6,625 1,106 14.9 6,598 1,244 15.4 6,541 1,262 15.7 6,328 1,271 16.2 6,307 1,252 16.1 6,342 1,215 15.6 6,416 1,308 16.4 6,240 1,298 16.9 population1......................... 174,428 Civilian labor force............. 117,574 Participation rate......... 67.4 Employed....................... 113,475 Employment-pop65.1 ulation ratio2............. Unemployed................... 4,099 Unemployment rate.... 3.5 175,888 118,144 67.2 113,220 175,533 118,014 67.3 113,434 175,653 117,714 67.0 113,185 175,789 117,854 67.0 113,037 175,924 117,986 67.1 113,237 176,069 117,813 66.9 112,703 176,220 118,274 67.1 113,147 176,372 118,506 67.2 112,878 176,500 118,566 67.2 112,652 176,607 118,403 67.0 112,388 176,713 117,759 66.6 111,876 176,783 118,472 67.0 112,632 176,866 118,159 66.8 111,941 176,866 118,661 67.1 111,941 64.4 4,923 4.2 64.6 4,640 3.9 64.4 4,541 3.9 64.4 4,728 4.0 64.3 4,810 4.1 64.0 5,073 4.3 64.2 5,127 4.3 64.0 5,628 4.7 63.8 5,914 5.0 63.6 6,015 5.1 63.3 5,883 5.0 63.7 5,840 4.9 63.3 5,873 5.0 63.3 6,236 5.3 25,218 16,603 65.8 15,334 25,559 16,719 65.4 15,270 25,472 16,678 65.5 15,304 25,501 16,644 65.3 15,311 25,533 16,739 65.6 15,330 25,565 16,685 65.3 15,337 25,604 16,720 65.3 15,210 25,644 16,827 65.6 15,339 25,686 16,748 65.2 15,144 25,720 16,687 64.9 15,040 25,752 16,833 65.4 15,122 25,785 16,769 65.0 15,119 25,813 16,747 64.9 15,131 25,839 16,758 64.9 14,969 25,839 16,941 65.5 15,045 60.8 1,269 7.6 59.7 1,450 8.7 60.1 1,374 8.2 60.0 1,333 8.0 60.0 1,409 8.4 60.0 1,348 8.1 59.4 1,510 9.0 59.8 1,488 8.8 59.0 1,604 9.6 58.5 1,647 9.9 58.7 1,711 10.2 58.6 1,650 9.8 58.6 1,616 9.6 57.9 1,789 10.7 58.2 1,896 11.2 2000 TOTAL Civilian nonlnstitutlonal population1......................... 209,699 Civilian labor force.............. 140,863 Participation rate......... 67.2 Employed....................... 135,208 Employment-pop64.5 ulation ratio2............. Unemployed................... 5,665 Unemployment rate.... 4.0 Not in the labor force....... 68,836 Men, 20 years and over Civilian noninstitutional population1......................... Civilian labor force............. Participation rate........ Employed....................... Employment-population ratio2............. Agriculture................... Nonagricultural industries.................. Unemployed................... Unemployment rate.... Women, 20 years and over Civilian noninstitutional Both sexes, 16 to 19 years Civilian noninstitutional population1.......................... Civilian labor force.............. Participation rate......... Employed....................... Employment-population ratio2............. Agriculture................... Nonagricultural industries.................. Unemployed................... Unemployment rate.... White Civilian noninstitutional Black Civilian noninstitutional population1......................... Civilian labor force............. Participation rate......... Employed....................... Employment-population ratio2............. Unemployed................... Unemployment rate.... See footnotes at end of table. 84 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 4. Continued— Employment status of the population, by sex, age, race, and Hispanic origin, monthly data seasonally adjusted [Numbers in thousands]_________________ Annual iverage Employment status 2001 2002 2000 2001 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 22,393 15,368 68.6 14,492 23,122 15,751 68.1 14,714 22,957 15,730 68.5 14,738 23,021 15,656 68.0 14,684 23,090 15,602 67.6 14,574 23,157 15,753 68.0 14,776 23,222 15,788 68.0 14,771 23,288 15,811 67.9 14,785 23,351 15,956 68.3 14,824 23,417 15,932 68.0 14,751 23,478 16,013 68.2 14,753 23,542 15,988 67.9 14,700 23,604 16,011 67.8 14,867 23,664 15,908 67.2 14,877 23,664 16,156 68.1 14,963 64.7 876 5.7 63.6 1,037 6.6 64.2 992 6.3 63.8 972 6.2 63.1 1,028 6.6 63.8 977 6.2 63.6 1,017 6.4 63.5 1,026 6.5 63.5 1,132 7.1 63.0 1,181 7.4 62.8 1,260 7.9 62.4 1,288 8.1 63.0 1,143 7.1 62.3 1,165 7.3 62.3 1,279 7.9 Hispanic origin Civilian noninstitutional population1......................... Civilian labor force............. Participation rate......... Employed........................ Employment-pop ulation ratio2............. Unemployed................... Unemployment rate.... Ttle P°Pulation figures are not seasonally adjusted. 2 Civilian employment a s a percent of the civilian noninstltutional population. NOTE: Detail for the above race and Hlspanic-origln groups will not sum to totals becausedata for the "other races" groups are not presented and Híspanles are included In both the white and black population groups. 5. Selected employment indicators, monthly data seasonally adjusted [In thousands] Selected categories Annual iverage 2001 2002 2000 2001 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 135,208 72,293 62,915 135,073 72,080 62,992 135,424 72,272 63,152 135,235 72,131 63,104 135,003 72,012 62,991 145,106 72,093 63,013 134,408 71,705 62,703 135,004 72,177 62,827 134,615 71,871 62,744 134,253 71,570 62,683 134,055 71,577 62,478 133,468 71,114 62,354 134,319 71,457 62,862 133,894 71,299 62,595 133,976 71,397 62,579 Characteristic Employed, 16 years and over.. Men...................................... Women................................. Married men, spouse present............................... 43,368 43,243 43,459 43,633 43,357 43,264 43,143 43,099 42,983 42,861 42,772 42,823 43,275 43,317 43,167 33,708 33,613 33,699 33,692 33,466 33,571 33,685 33,604 33,227 33,330 33,209 33,174 33,703 33,552 33,446 8,387 8,364 2,179 8,335 2,513 1,558 8,328 8,274 8,256 8,331 8,458 8,396 8,417 8,320 8,266 2,034 1,233 38 1,884 1,233 27 1,899 1,220 44 1,957 1,208 34 1,803 1,193 32 1,798 ‘152 23 1,852 1,239 29 1,882 1,278 24 1,898 1,290 26 1,865 1,276 12 1,879 1,313 27 1,917 1,311 49 1,930 1,293 21 1,825 1,264 29 1,896 1,216 34 123,128 19,053 104,076 890 103,186 8,674 101 123,235 19,127 104,108 803 103,305 8,594 101 123,406 18,928 104,478 809 103,669 8,597 99 123,530 19,068 10,442 795 103,667 8,540 111 123,069 18,934 104,135 760 103,375 8,720 102 123,204 18,999 104,205 790 103,415 8,568 98 122,685 19,150 103,535 814 102,721 8,503 111 123,186 19,290 103,896 804 103,092 8,556 101 122,710 19,223 103,487 867 102,620 8,505 95 122,507 19,172 103,335 790 102,545 8,507 77 122,196 19,183 103,013 736 102,277 8,524 92 122,145 19,047 103,098 725 102,373 8,213 97 122,770 19,286 103,485 709 102,775 8,257 86 122,545 19,218 103,327 677 102,650 8,200 89 122,366 19,811 103,019 791 102,228 8,234 103 3,190 3,672 3,277 3,388 3,649 3,571 3,389 4,148 4,329 4,206 4,267 3,973 4,228 3,997 4,151 1,927 2,355 2,188 2,205 2,276 2,174 2,115 2,796 2,983 2,796 2,809 2,549 2,755 2,721 2,690 944 1,007 895 921 1,008 1,011 952 1,064 1,108 1,121 1,161 1,089 1,120 1,021 1,131 18,722 18,707 18,698 18,634 18,482 18,812 19,011 18,798 18,644 18,587 18,540 18,201 18,395 18,530 18,793 3,045 3,529 3,120 3,231 3,556 3,425 32,346 4,015 4,222 4,017 4,119 3,781 3,998 3,848 4,009 1,835 2,266 2,011 2,101 2,215 2,111 2,025 2,704 2,898 2,679 2,717 2,448 2,615 2,605 2,515 924 989 883 899 990 993 927 1,045 1,082 1,096 1,138 1,068 1,089 1,001 1,122 18.165 18.177 I 18.166 18,097 I 18.066 18.283 18,485 18,232 18,065 I 18.007 1 Excludes persons "with a job but not at work" during the survey period for such reasons as vacation, illness, or industrial disputes. 17,960 17.717 17.886 18.004 18,274 Married women, spouse present............................... Women who maintain families............................... Class of worker Agriculture: Wage and salary workers..... Self-employed workers........ Unpaid family workers........ Nonagrlcultural Industries: Wage and salary workers..... Government.......................... Private industries................. Private households........ Other............................... Self-employed workers...... Unpaid family workers........ Persons at work part time1 All Industries: Part time for economic reasons............................... Slack work or business conditions........................ Could only find part-time work................................. Part time for noneconomic reasons.............................. Nonagricultural industries: Part time for economic reasons............................... Slack work or business conditions........................ Could only find part-time work................................. Part time for noneconomic reasons.............................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Ju n e 2002 85 Current Labor Statistics: 6. Labor Force Data Selected unemployment indicators, monthly data seasonally adjusted [Unemployment rates] Selected categories 2001 Annual average 2000 2001 2002 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Characteristic Total, 16 years and over.............................. Both sexes, 16 to 19 years..................... Men, 20 years and over........................... Women, 20 years and over..................... 4.0 13.1 3.3 3.6 4.8 14.7 4.2 4.1 4.5 14.2 3.9 3.8 4.4 13.6 3.9 3.8 4.6 14.4 4.1 3.9 4.6 14.8 4.0 4.0 4.9 15.8 4.4 4.2 5.0 14.9 4.3 4.4 5.4 15.4 4.8 4.8 5.6 15.7 5.2 4.9 5.8 16.2 5.2 5.2 5.6 16.1 5.2 4.8 5.5 15.6 5.0 5.0 5.7 16.4 5.2 5.0 6.0 16.8 5.4 5.4 White, total................................................ Both sexes, 16 to 19 years................ Men, 16 to 19 years......................... Women, 16 to 19 years................... Men, 20 years and over..................... Women, 20 years and over................ 3.5 11.4 12.3 10.4 2.8 3.1 4.2 12.7 13.8 11.4 3.7 3.6 3.9 11.9 12.9 10.9 3.4 3.4 3.9 12.0 13.3 10.7 3.4 3.4 4.0 12.7 14.3 11.0 3.6 3.4 4.1 13.2 13.8 12.6 3.5 3.5 4.3 13.8 15.1 12.4 3.8 3.6 4.3 12.7 13.6 11.7 3.8 3.8 4.7 23.1 14.7 11.5 4.4 4.1 5.0 13.5 15.8 11.1 4.7 4.2 5.1 13.7 14.6 12.8 4.6 4.5 5.0 14.2 13.7 14.6 4.7 4.2 4.9 14.0 15.4 12.6 4.4 4.4 5.0 14.5 16.3 12.7 4.5 4.3 5.3 14.0 15.4 12.5 4.8 4.6 Black, total................................................ Both sexes, 16 to 19 years................ Men, 16 to 19 years......................... Women, 16 to 19 years................... Men, 20 years and over..................... Women, 20 years and over................ 7.6 24.7 26.4 23.0 7.0 6.3 8.7 29.0 30.5 27.5 8.0 7.0 8.2 30.5 33.5 27.7 8.1 5.9 8.0 25.7 20.6 21.5 7.6 6.4 8.4 28.0 29.1 25.7 7.8 6.7 8.1 26.6 28.1 25.2 7.9 6.2 9.0 30.1 31.4 28.7 8.8 7.0 8.8 28.5 30.8 26.1 7.8 7.7 9.6 30.2 31.2 29.1 8.2 8.5 9.9 32.1 31.6 32.6 8.7 8.4 10.2 33.4 32.0 34.8 9.1 8.7 9.8 30.7 32.1 29.0 8.9 8.4 9.6 27.9 30.0 25.6 8.7 8.5 10.7 31.0 36.9 44.7 10.1 9.0 11.2 35.4 37.3 33.5 9.3 10.2 Hispanic origin, total............................. 5.7 6.6 6.3 6.2 6.6 6.2 6.4 6.5 7.1 7.4 7.9 8.1 7.1 7.3 7.9 2.0 2.7 5.9 3.9 4.8 2.7 3.1 6.6 4.7 5.1 2.5 2.8 6.3 4.3 5.3 2.6 2.9 6.2 4.3 4.8 2.6 3.0 6.3 4.5 5.2 2.7 2.9 6.3 4.5 5.1 2.8 3.1 6.8 4.8 5.4 2.8 3.3 7.1 5.0 4.6 3.1 3.6 6.8 5.4 5.5 3.3 3.6 8.0 5.6 5.6 3.4 3.7 8.0 5.8 5.6 3.5 3.4 8.9 5.7 5.2 3.4 3.8 8.0 5.7 4.8 3.4 3.7 7.3 5.8 5.2 3.9 3.9 8.6 6.2 5.2 4.1 3.9 6.4 3.6 3.4 4.0 3.1 5.0 2.3 3.8 2.1 7.5 5.1 4.7 7.3 5.2 5.3 5.1 4.1 5.6 2.8 4.6 2.2 9.7 4.5 4.0 6.4 4.8 4.7 4.9 3.2 5.3 2.5 4.1 2.1 11.1 4.6 4.8 6.9 4.6 4.4 4.9 4.0 5.2 2.6 4.1 2.2 9.4 4.6 4.9 6.7 4.8 4.8 4.8 3.6 5.2 2.4 4.2 2.0 8.4 4.8 5.9 6.9 5.0 5.0 4.9 4.1 5.4 2.6 4.4 2.1 9.5 4.8 3.9 7.1 5.2 5.0 5.5 3.4 5.3 3.1 4.4 2.1 10.5 5.2 4.7 7.6 5.7 5.8 5.4 3.6 5.6 2.7 4.9 2.1 10.0 5.2 5.0 7.8 5.6 5.8 5.4 3.9 5.9 2.8 4.8 2.2 7.6 5.8 5.8 8.3 6.0 6.5 5.3 6.0 6.1 2.8 5.5 2.3 9.0 6.0 5.3 8.9 6.4 6.9 5.5 6.1 6.4 3.6 5.4 2.4 9.3 6.2 6.1 8.9 6.8 7.2 6.1 6.1 7.1 3.0 5.5 2.4 9.6 6.0 4.5 7.9 6.7 7.5 5.5 5.8 6.5 2.8 5.5 2.7 9.5 6.1 6.3 8.8 7.0 7.5 6.3 5.4 6.5 3.1 5.4 2.8 12.4 6.5 6.0 9.3 7.2 7.6 6.6 6.1 7.2 3.2 5.8 2.5 9.0 6.4 3.5 7.3 4.2 6.8 3.8 6.7 3.8 6.7 3.9 6.9 3.9 6.8 4.1 7.3 4.3 7.7 4.3 7.8 4.6 8.1 5.0 8.8 4.9 8.3 5.3 8.0 5.4 9.0 5.7 2.7 1.7 3.3 2.3 2.7 1.9 2.9 2.2 3.0 2.1 3.1 2.1 3.1 22.2 3.3 2.2 3.5 2.5 3.9 2.7 4.2 2.9 4.3 3.1 4.1 2.9 4.3 2.7 4.7 3.0 Married men, spouse present............. Married women, spouse present........ Women who maintain families............ Full-time workers................................... Part-time w orkers.................................. Industry Nonagricultural w age and salary workers......................................................... Mining........................................................ Construction.............................................. Manufacturing........................................... Durable goods...................................... Nondurable goods................................ Transportation and public utilities......... W holesale and retail trade..................... Finance, Insurance, and real esta te..... Services..................................................... Government workers................................... Agricultural w age and salary workers....... Educational attainment1 Less than a high school diploma................ High school graduates, no college............. Som e college, less than a bachelor’s degree........................................................... College graduates......................................... 1 Data refer to persons 25 years and over. 86 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 7. Duration of unemployment, monthly data seasonally adjusted [Numbers in thousands] Weeks of unemployment Annual average 2000 2001 2001 2002 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 3,084 3,024 2,724 2,410 2,828 2,561 1,383 1,178 3,078 2,411 2,688 1,355 1,333 2,793 2,818 2,854 1,360 1,494 8.1 15.4 8.1 16.6 8.9 2,833 2,163 1,746 949 787 2,822 1,976 1,507 781 726 2,714 2,021 1,503 862 641 2,809 2,098 1,571 843 728 2,647 2,170 1,630 948 682 2,955 2,152 1,798 980 818 2,807 2,366 1,907 1,084 823 2,042 3,090 2,573 2,317 15 to 26 w eeks................................ 27 w eeks and over......................... 2,543 1,803 1,309 665 644 906 1,110 1,115 2,978 2,586 2,546 1,418 1,127 Mean duration, in w eeks.................. Median duration, in w eeks............... 12.6 5.9 13.2 6.8 12.6 6.0 12.4 6.4 12.9 6.3 12.7 6.7 13.2 6.6 13.3 7.3 13.0 7.4 14.4 7.6 14.5 8.2 14.6 8.8 5 to 14 w eeks..................................... 8. Unemployed persons by reason for unemployment, monthly data seasonally adjusted [Numbers in thousands] Reason for unemployment Job losers1....................................... On temporary layoff..................... Not on temporary layoff............... Job leavers...................................... Reentrants....................................... New entrants.................................... Annual average 2000 2001 2001 2002 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2,492 842 1,650 775 1,957 431 3,428 1,044 2,379 832 2,029 453 3,020 1,023 1,997 776 1,991 456 3,132 1,055 2,077 818 1,827 467 3,249 990 2,259 807 1,921 470 3,294 1,020 2,274 791 1,948 442 3,438 1,071 2,367 877 2,162 488 3,595 1,114 2,481 819 2,102 466 4,297 1,288 3,009 880 2,113 466 4,501 1,157 3,344 848 2,197 497 4,492 1,107 3,385 908 2,361 495 4,354 1,124 3,231 879 2,191 479 4,326 1,106 3,220 877 2,268 485 4,370 1,066 3,204 862 2,471 557 4,525 1,095 3,430 1,017 2,450 519 44.1 14.9 29.2 13.7 34.6 7.6 50.8 15.6 35.3 12.3 30.1 6.7 48.4 16.4 32.0 12.4 31.9 7.3 50.2 16.9 33.3 13.1 29.3 7.5 50.4 15.4 35.0 12.5 29.8 7.3 50.9 15.8 35.1 12.2 30.1 6.8 49.4 15.4 34.0 12.6 31.0 7.0 51.5 16.0 35.5 11.7 30.1 6.7 55.4 16.6 38.8 11.3 27.2 6.0 56.0 14.4 41.6 10.5 27.3 6.2 54.4 13.4 41.0 11.0 28.6 6.0 55.1 14.2 40.9 11.1 27.7 6.1 54.4 13.9 40.5 11.0 28.5 6.1 52.3 13.1 39.3 10.6 30.3 6.8 53.2 12.9 40.3 12.0 28.8 6.1 1.8 .6 1.4 .3 2.4 .6 1.4 .3 2.1 .5 1.4 .3 2.2 .6 1.3 .3 2.3 .6 1.4 .3 2.3 .6 1.4 .3 2.4 .6 1.5 .3 2.5 .6 1.5 .3 3.0 .6 1.5 .3 3.2 .6 1.5 .3 3.2 .6 1.7 .3 3.1 .6 1.5 .3 3.0 .6 1.6 .3 3.0 .6 1.7 .4 3.2 .7 1.7 .4 Percent of unemployed Job losers1....................................... On temporary layoff..................... Not on temporary layoff................ Job leavers....................................... Reentrants....................................... New entrants.................................... Percent of civilian labor force Job losers1........................................ Job leavers....................................... Reentrants........................................ New entrants.................................... 1 Includes persons who completed temporary jobs. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review June 2002 87 Current Labor Statistics: 9. Labor Force Data Unemployment rates by sex and age, monthly data seasonally adjusted [Civilian workers] Sex and age Annual average 2000 88 2001 2001 Apr. May June July 2002 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. Total, 16 years and over................... 16 to 24 years................................. 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................... 4.0 9.3 13.1 15.4 11.5 7.1 3.0 3.1 2.6 4.8 10.6 14.7 17.1 13.2 8.3 3,7 3.8 3.0 4.5 10.3 14.2 16.7 12.6 8.2 3.4 3.4 2.7 4.4 10.0 13.8 15.8 12.5 7.9 3.4 3.5 2.6 4.6 10.4 14.4 16.5 13.0 8.2 3.5 3.6 2.8 4.6 10.2 14.8 19.0 12.4 7.7 3.5 3.7 2.9 4.9 11.3 15.8 18.6 14.4 8.9 3.8 3.9 3.1 5.0 10.8 14.9 16.6 13.9 8.6 3.8 3.9 3.2 5.4 11.5 15.4 17.4 14.2 9.3 4.2 4.4 3.4 5.6 11.7 15.7 17.5 14.8 9.5 4.4 4.6 3.5 5.8 11.9 16.2 18.8 14.8 9.6 4.5 4.7 4.0 5.6 11.9 16.1 17.0 15.2 9.7 4.4 4.7 3.5 5.5 11.6 15.6 16.5 14.7 9.5 4.5 4.6 3.8 5.7 12.5 16.4 16.5 15.1 10.3 4.5 4.7 3.5 6.0 12.3 16.8 19.4 15.1 10.0 4.9 5.0 4.0 Men, 16 years and over.................. 16 to 24 years.............................. 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................. 3.9 9.7 14.0 16.8 12.2 7.3 2.8 2.9 2.7 4.8 11.4 15.9 18.8 14.1 8.9 3.6 3.7 3.3 4.6 10.9 15.1 18.7 12.9 8.6 3.4 3.5 2.9 4.5 11.0 15.4 17.9 13.9 8.7 3.3 3.4 2.9 4.7 11.6 15.8 18.5 14.2 9.3 3.4 3.5 3.0 4.7 10.7 15.6 19.1 13.4 8.1 3.6 3.6 3.1 5.1 12.3 17.4 21.9 15.0 9.5 3.8 3.9 3.3 5.0 1.5 16.0 18.7 14.5 9.1 3.7 3.8 3.3 5.5 12.4 17.2 20.3 15.1 9.8 4.2 4.3 3.7 5.9 13.0 17.7 20.4 16.2 10.5 4.5 4.6 4.1 5.8 12.8 17.2 20.0 15.6 10.5 4.5 4.5 4.2 5.8 12.5 16.3 17.6 15.1 10.6 4.5 4.7 3.8 5.6 12.4 16.8 19.6 15.4 10.2 4.4 4.5 4.1 5.9 13.7 18.5 20.8 16.7 11.1 4.5 4.7 3.6 6.1 13.0 18.1 19.6 17.2 10.3 4.8 4.9 4.3 Women, 16 years and over............ 16 to 24 years.............................. 16 to 19 years........................... 16 to 17 years........................ 18 to 19 years........................ 20 to 24 years........................... 25 years and over........................ 25 to 54 years........................ 4.1 8.9 12.1 14.0 10.8 7.0 3.2 3.3 4.7 9.7 13.4 15.3 12.2 7.5 3.7 3.8 4.3 9.7 13.2 14.5 12.2 7.8 3.3 3.4 4.3 8.8 12.1 13.8 11.0 7.0 3.4 3.6 4.4 9.2 13.0 14.4 11.8 7.0 3.5 3.7 4.6 9.7 14.0 18.8 11.3 7.3 3.5 3.7 4.8 10.3 14.1 15.4 13.7 8.2 3.8 3.9 5.0 10.1 13.6 14.3 13.3 8.1 4.0 4.0 5.3 10.5 13.6 14.5 13.3 8.7 4.2 4.4 5.4 10.3 13.7 14.5 13.3 8.3 4.4 4.7 5.8 11.0 15.1 17.6 14.0 8.7 4.6 4.8 5.4 11.3 15.8 16.4 15.2 8.7 4.3 4.6 5.5 10.7 14.3 13.6 13.9 8.7 4.6 4.7 5.5 11.2 14.3 15.3 13.4 9.4 4.4 4.6 6.0 11.6 15.4 19.2 12.9 9.6 5.0 5.1 55 years and over................. 2.6 2.7 2.5 2.4 2.6 2.6 2.8 3.2 3.2 2.8 3.7 3.0 3.5 3.4 3.7 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10. Unemployment rates by State, seasonally adjusted State Mar. 2001 Feb. Mar. 2002p 2002p Alabama... Alaska...... Arizona..... Arkansas.. California.. 5.0 6.3 4.1 4.9 4.8 5.5 5.7 6.0 4.9 6.2 6.0 6.3 5.9 5.2 6.5 Colorado................... Connecticut............... Delaware................... District of ColumbiaFlorida........................ 3.0 2.8 3.7 6.4 4.1 5.7 3.5 3.5 7.0 5.5 5.6 3.5 3.8 6.7 5.4 G eorgiaHawaii.... Idaho..... Illinois.... Indiana... 3.7 4.2 4.7 5.2 3.9 4.5 4.7 5.5 5.8 5.1 Iowa.......... K ansas..... Kentucky... Louisiana.. Maine........ 3.1 4.2 5.0 5.8 3.5 Maryland........... M assachusetts.. Michigan........... Minnesota......... Mississippi......... 3.8 2.9 4.8 3.6 5.3 State Mar. Feb. Mar. 2001 2002p 2002p Missouri 4.5 4.6 3.0 4.7 3.1 4.8 4.4 3.4 6.1 4.0 5.2 46 3.6 5.8 4.1 North Carolina.............................................. North Dakota................................................. 3.8 4.6 4.3 4.9 2.7 5.2 6.2 59 6.3 2.9 5.6 6.1 59 6.6 3.1 4.6 4.6 5.5 6.1 4.9 Ohio............................................................... Oklahoma...................................................... Oregon........................................................... Pennsylvania................................................ Rhode Island................................................. 3.9 3.4 5.2 4.5 4.7 5.4 4.2 8.1 5.5 4.2 5.8 42 8.1 5.6 4.2 3.4 4.4 5.2 5.9 3.9 3.4 4.4 5.3 5.9 3.9 South Carolina.............................................. South Dakota................................................ T en n essee..................................................... Texas............................................................. Utah............................................................... 5.1 3.0 4.2 4.3 4.0 5.6 3.2 5.4 5.8 5.5 6.0 3.2 5.7 58 6.0 4.6 4.4 5.7 4.2 6.4 4.6 4.4 6.0 4.4 6.6 Vermont......................................................... Virginia........................................................... Washington................................................... West Virginia................................................. Wisconsin...................................................... Wyoming........................................................ 3.3 2.8 5.9 5.0 4.4 3.7 3.5 4.1 7.0 5.6 5.8 3.6 3.9 42 6.8 59 5.7 3.9 Nebraska....................................................... Nevada.......................................................... New Hampshire........................................... New Jersey................................................... New Mexico.................................................. p = preliminary Dash indicates data not available. 11. Employment of workers on nonfarm payrolls by State, seasonally adjusted [In thousands] State Mar. 2001 Feb. 2002p Mar. 2002 State Mar. 2001 Feb. 2002p Mar. 2002 Alabama................... Alaska....................... Arizona..................... Arkansas.................. California.................. 1,922.3 287.6 2,277.2 1,160.4 14,718.8 1,900.4 292.8 2,242.5 1,154.2 14,664.6 1,899.9 291.7 2,243.4 1,155.7 14,672.0 Missouri.......................................... Montana.......................................... Nebraska......................................... Nevada............................................ New Hampshire............................. 2,749.8 392.4 909.2 1,056.5 630.0 2,699.2 394.5 909.2 1,060.5 626.9 2,691.1 393.2 911.8 1,066.3 626.5 Colorado.................. Connecticut.............. Delaware.................. District of Columbia. Florida....................... 2,244.2 1,687.8 423.4 650.8 7,195.0 2,194.9 1,675.8 416.0 649.4 7,174.2 2,190.1 1,673.3 417.7 649.2 7,178.8 New Jersey ..................................... New Mexico.................................... New York........................................ 4,027.7 757.4 8,678.5 3,932.5 330.0 4,016.7 762.6 8,547.9 3 880.6 330.7 4,014.6 763.0 8,541.3 3 882 3 330.5 Georgia.................... Hawaii....................... Idaho......................... Illinois........................ Indiana..................... 3,986.5 557.6 570.3 6,039.4 2,955.3 3,880.7 547.3 569.3 5,939.3 2,907.6 3,876.8 549.0 568.3 5,922.3 2,910.5 Oregon............................................. Rhode Island.................................. 5 595.1 1,508.3 1,611.2 5 718.2 480.2 5 543 5 1 510 4 1,577.6 5 658 3 479.7 5 534 9 1 518 6 1,575.7 5 650 8 480.3 Iowa........................... Kansas..................... Kentucky.................. Louisiana.................. Maine........................ 1,472.4 1,355.2 1,818.9 1,924.7 609.2 1,464.4 1,358.7 1,828.0 1,929.0 609.0 1,461.3 1,362.1 1,823.0 1,932.6 609.0 South Carolina............................... South Dakota.................................. T en n essee...................................... Texas............................................... Utah.................................................. 1,836.2 379.9 2,723.5 9,555.4 1,085.9 1,830.0 376.1 2,719.1 9,455.5 1,079.9 1,827.1 375.4 2,717.2 9,455.7 1,072.4 Maryland.................. Massachusetts........ Michigan................... Minnesota................. Mississippi................ 2,468.8 3,355.7 4,616.1 2,696.9 1,137.2 2,456.3 3,305.7 4,557.2 2,659.3 1,131.2 2,456.5 3,305.6 4,562.6 2,659.9 1,133.1 Vermont........................................... Virginia............................................. Washington..................................... West Virginia................................... Wisconsin....................................... Wyoming......................................... 300.4 3,551.1 2,716.6 739.7 2,841.4 244.2 296.5 3,493.8 2,659.4 736.8 2,813.8 248.0 296.1 3,497.4 2,651.6 736.8 2,813.8 248.9 North Dakota.................................. p = preliminary. Dash indicates data not available. No te : Som e data in this table may differ from data published elsewhere because of the continual updating of the data base. M onthly Labor Review Ju n e 2002 89 Current Labor Statistics: 12. Labor Force Data Employment of workers on nonfarm payrolls by industry, monthly data seasonally adjusted [In thousands] Industry T O T A L ..................................... P R I V A T E S E C T O R .................... G O O D S - P R O D U C I N G .................... M in in g '........................................... Metal mining............................... Oil and gas extraction................ Nonmetallic minerals, except fuels.............................. C o n s tr u c tio n .................................. General building contractors..... Heavy construction, except building..................................... Special trades contractors......... M a n u fa c tu rin g ............................... Production workers.............. D u ra b le g o o d s ............................, Production workers.............. Lumber and wood products.... Furniture and fixtures............... Stone, clay, and glass products................................. Primary metal industries.......... Fabricated metal products....... Industrial machinery and equipment.............................. Computer and office equipment............................ Electronic and other electrical equipment.............................. Electronic components and accessories.......................... Transportation equipment....... Motor vehicles and equipment............................. Aircraft and parts................... Instruments and related products................................ Miscellaneous manufacturing N o n d u ra b le g o o d s ..................... Production workers.............. Food and kindred products...... Tobacco products..................... 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.. S E R V I C E - P R O D U C I N G ................. 2002 2001 Annual average 2000 2001 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.p Apr.p 131,739 111,079 132,212 111,339 132,489 111,742 132,530 111,760 132,431 111,603 132,449 111,517 132,395 111,390 132,230 111,249 131,782 110,784 131,427 110,421 131,321 110,260 131,212 110,142 130,706 109,544 130,701 109,505 130,680 109,502 25,709 543 41 311 25,121 563 36 337 25,421 560 37 335 25,324 564 37 339 25,186 565 35 340 25,122 567 34 341 24,963 569 35 342 24,888 569 35 342 24,746 569 35 340 24,577 567 34 339 24,453 564 33 336 24,273 563 31 339 24,041 564 32 339 23,975 560 32 336 23,905 564 32 339 114 113 113 112 112 113 112 112 113 113 113 111 111 111 112 6,698 1,528 5,861 1,554 6,852 1,548 6,881 1,556 6,864 1,551 6,867 1,554 6,861 1,557 6,871 1,562 6,852 1,560 6,851 1,561 6,850 1,559 6,787 1,552 6,597 1,459 6,593 1,462 6,541 1,452 901 4,269 629 4,378 17,698 11,922 915 4,389 923 4,402 925 4,388 935 4,378 932 4,372 932 4,377 933 4,359 942 4,348 944 4,348 928 4,307 914 4,225 908 4,223 901 4,188 18,009 12,166 17,879 12,066 17,757 11,956 17,688 11,900 17,533 11,782 17,448 11,706 17,325 11,626 17,159 11,500 17,039 11,405 16,923 11,328 16,880 11,305 16,822 11,264 16,800 11,250 11,138 7,591 832 558 10,638 7,122 10,870 7,308 10,778 7,235 10,692 7,157 10,624 7,102 10,523 7,022 10,460 6,970 10,363 6,897 10,240 6,805 10,158 6,744 10,048 6,675 10,023 6,653 9,976 6,625 9,976 6,620 795 527 800 543 797 540 798 532 797 531 793 519 794 513 789 505 784 499 780 499 781 497 771 491 769 491 767 497 579 698 1,537 571 651 1,479 577 667 1,503 574 660 1,488 572 654 1,478 569 648 1,478 568 643 1,468 567 638 1,464 566 633 1,454 562 619 1,435 559 613 1,428 554 600 1,416 551 601 1,425 550 596 1,422 551 598 1,425 2,120 2,014 2,072 2,054 2,031 2,007 1,980 1,965 1,943 1,917 1,892 1,870 1,855 1,846 1,842 353 348 344 342 339 335 327 315 315 313 18,469 12,628 361 355 367 366 357 1,719 1,612 1,684 1,656 1,624 1,589 1,565 1,551 1,529 1,499 1,474 1,456 1,459 1,445 1,443 682 1,849 647 1,747 686 1,768 670 1,757 650 1,749 634 1,752 618 1,750 613 1,735 601 1,714 591 1,706 583 1,696 571 1,661 571 1,680 566 1,674 566 1,671 1,013 465 933 463 950 464 939 465 931 465 936 466 931 465 919 465 903 463 903 456 901 452 878 440 913 427 915 419 912 416 852 859 866 865 865 865 858 851 849 843 839 835 816 813 811 379 382 381 376 378 378 372 370 371 6,988 4,736 1,682 33 459 6,962 4,729 6,919 4,695 6,881 4,661 6,846 4,636 6,824 4,630 1,689 33 454 1,691 33 446 1,682 32 442 6,875 4,653 1,684 33 440 6,857 4,652 1,680 33 471 7,010 4,760 1,674 35 465 1,686 33 441 1,685 34 440 1,689 33 436 567 635 1,495 1,033 128 571 632 1,489 1,039 128 554 628 1,483 1,035 127 551 629 1,473 1,031 128 542 628 1,465 1,027 128 533 627 1,452 1,024 127 531 624 1,444 1,021 127 534 624 1,434 1,020 128 531 621 1,428 1,011 126 527 620 1,419 1,010 126 523 615 1,413 1,008 125 959 65 953 64 957 64 947 62 941 61 935 60 927 59 920 58 919 59 924 56 929 56 927 55 107,068 107,206 107,245 107,327 107,432 107,342 107,036 106,850 106,868 106,939 106,665 106,726 106,775 7,070 4,531 227 7,119 4,576 230 7,130 4,584 230 7,118 4,571 227 7,108 4,561 226 7,082 4,539 226 7,070 4,528 226 7,016 4,472 225 6,952 4,414 224 6,915 4,387 227 6,898 4,381 228 6,837 4,341 234 6,814 4,330 233 6,799 4,330 230 476 1,856 196 1,281 14 471 481 1,854 203 1,288 14 464 477 1,864 202 1,313 14 476 483 1,867 203 1,315 14 472 483 1,867 201 1,310 14 469 485 1,863 203 1,304 14 466 486 1,844 203 1,303 14 463 482 1,838 205 1,300 14 463 479 1,832 206 1,264 14 452 480 1,830 204 1,221 14 441 485 1,832 206 1,189 14 434 482 1,830 204 1,192 14 431 479 1,826 187 1,171 15 429 478 1,819 186 1,172 15 427 476 1,830 190 1,162 15 247 2,490 1,639 2,540 1,692 2,543 1,696 2,546 1,699 2,547 1,700 2,547 1,700 2,543 1,695 2,542 1,695 2,544 1,695 2,538 1,689 2,528 1,683 2,517 1,670 2,496 1,652 2,484 1,643 2,469 1,628 851 7,024 847 847 847 847 847 848 847 849 849 845 847 844 841 841 7,014 7,053 7,038 7,022 7,017 7,010 6,988 6,971 6,938 23,488 23,530 23,546 23,561 23,606 23,583 23,536 23,422 23,365 6,933 23,408 6,689 23,307 6,941 23,424 23,331 6,681 23,332 6,678 23,345 1,016 2,837 2,491 1,010 2,792 2,447 999 2,804 2,459 1,006 2,821 2,473 1,014 2,818 2,471 1,008 2,810 2,458 1,014 2,800 2,449 1,013 2,793 2,450 1,012 2,784 2,422 1,010 2,778 2,420 1,013 2,755 2,410 1,022 2,710 2,369 1,048 2,892 2,550 1,053 2,901 2,560 1,061 2,915 2,575 394 385 390 387 389 7,331 5,038 1,684 34 528 7,059 4,800 7,139 7,065 4,799 388 7,064 4,798 1,685 33 473 1,687 32 489 7,101 4,831 1,684 33 480 1,685 33 472 633 657 565 1,547 579 639 1,502 1,033 127 1,011 71 1,492 1,033 127 954 64 64 581 641 1,512 1,036 128 967 66 106,050 107,091 7,019 4,529 236 1,038 127 4,858 635 T ra n s p o rta tio n a n d p u b lic u tilitie s....................................... Railroad transportation............ Local and interurban passenger transit................... Trucking and warehousing...... Water transportation................ Transportation by air............... Pipelines, except natural gas.. Transportation services.......... Communications and public Communications...................... Electric, gas, and sanitary W h o le s a le tra d e ............................ R etail tra d e .................................... Building materials and garden General merchandise stores.... Department stores.................. S ee footnotes at end of table. 90 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 12. Continued— Employment of workers on nonfarm payrolls by industry, monthly data seasonally adjusted [In thousands]____________________________________________________ Industry Annual average 2000 Food stores................................. Automotive dealers and service stations....................... New and used car dealers..... Apparel and accessory stores... Furniture and home furnishings stores....................................... Eating and drinking places........ Miscellaneous retail establishments........................ 2001 2001 Apr. May June July 2002 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.p Apr.p 3,521 3,542 3,562 3,553 3,544 3,536 3,531 3,538 3,542 3,539 3,525 3,519 3,402 3,392 3,392 2,412 1,114 1,193 2,429 1,130 1,219 2,421 1,122 1,226 2,428 1,126 1,231 2,431 1,128 1,227 2,435 1,131 1,219 2,441 1,133 1,224 2,435 1,133 1,224 2,429 1,134 1,208 2,430 1,137 1,203 2,428 1,141 1,192 2,436 1,145 1,221 2,430 1,134 1,172 2,426 1,131 1,175 2,429 1,129 1,170 1,134 8,114 1,140 8,215 1,140 8,213 1,136 8,216 1,136 8,241 1,137 8,310 1,137 8,280 1,138 8,242 1,136 8,187 1,136 8,198 1,143 8,209 1,138 8,213 1,143 8,154 1,143 8,154 1,141 8,152 3,080 3,142 3,165 3,155 3,150 3,151 3,156 3,153 3,144 3,130 3,100 3,149 3,083 3,088 3,085 7,560 3,710 2,029 1,430 253 681 7,623 3,759 2,036 1,423 256 701 7,626 3,761 2,032 1,421 255 691 7,644 3,770 2,037 1,426 255 697 7,631 3,767 2,041 1,428 256 699 7,618 3,755 2,039 1,426 255 703 7,623 3,758 2,037 1,423 255 709 7,633 3,758 2,039 1,423 256 706 7,634 3,761 2,041 1,427 257 712 7,638 3,772 2,045 1,428 259 717 7,632 3,774 2,044 1,427 260 728 7,638 3,778 2,046 1,429 262 742 7,745 3,812 2,072 1,446 263 754 7,740 3,809 2,074 1,447 264 753 7,743 3,813 2,075 1,446 264 756 F in a n c e , in s u ra n c e , a n d Finance....................................... Depository institutions............. Commercial banks................. Savings institutions................ Nondepository institutions....... Security and commodity brokers................................... Holding and other investment offices..................................... Insurance................................... Insurance carriers.................... Insurance agents, brokers, and service............................. Real estate.................................. S e r v ic e s 1....................................... Agricultural services.................. Hotels and other lodging places Personal services...................... Business services...................... Services to buildings................ Personnel supply services...... Help supply services.............. Computer and data processing services............... Auto repair services and parking.............................. Miscellaneous repair services.... Motion pictures........................... Amusement and recreation services................................... 748 763 780 776 766 755 755 755 750 751 744 742 726 722 723 251 2,346 1,589 259 2,355 1,596 258 2,356 1,596 260 2,358 1,598 261 2,356 1,598 258 2,357 1,599 257 2,357 1,598 258 2,362 1,601 258 2,361 1,602 259 2,356 1,597 258 2,352 1,594 259 2,351 1,594 260 2,376 1,593 260 2,375 1,591 259 2,374 1,591 757 1,504 759 1,510 760 1,509 760 1,516 758 1,508 758 1,506 759 1,508 761 1,513 759 1,512 759 1,510 758 1,506 757 1,509 783 1,557 784 1,556 785 1,556 40,460 832 1,914 1,251 9,858 994 3,887 3,487 41,023 801 1,912 1,275 9,627 1,001 3,531 3,142 40,993 824 1,944 1,267 9,729 1,009 3,600 3,202 41,078 834 1,935 1,277 9,702 1,013 3,590 3,198 41,085 833 1,920 1,279 9,666 1,008 3,556 3,161 41,046 834 1,922 1,281 9,592 998 3,517 3,127 41,129 837 1,912 1,284 9,588 997 3,521 3,113 41,134 838 1,913 1,284 9,581 997 3,488 3,106 40,995 841 1,862 1,281 9,467 995 3,378 3,005 40,889 840 1,852 1,271 9,356 996 3,282 2,913 40,957 846 1,845 1,294 9,346 992 3,252 2,894 40,992 843 1,854 1,295 9,317 982 3,237 2,881 40,901 868 1,811 1,282 9,207 1,018 3,070 2,758 40,963 872 1,811 1,289 9,237 1,021 3,107 2,795 41,025 857 1,796 1,286 9,312 1,027 3,175 2,857 2,095 2,193 2,199 2,200 2,205 2,202 2,194 2,200 2,201 2,189 2,189 2,186 2,208 2,198 2,190 1,248 366 594 1,302 362 592 1,300 364 601 1,309 363 587 1,303 361 602 1,312 360 595 1,307 362 589 1,306 363 586 1,298 362 582 1,305 360 584 1,304 359 580 1,308 358 589 1,262 379 574 1,260 377 572 1,261 377 574 1,728 1,771 1,764 1,787 1,768 1,772 1,777 1,766 1,781 1,762 1,777 1,772 1,649 1,635 1,611 Health services........................... Offices and clinics of medical doctors.................................... Nursing and personal care facilities................................... Hospitals................................... Home health care services..... Legal services............................. Educational services.................. Social services............................ Child day care services........... Residential care........................ Museums and botanical and zoological gardens.................. Membership organizations........ Engineering and management services.................................... Engineering and architectural services................................... Management and public relations................................. 10,197 10,497 10,280 10,296 10,329 10,354 10,384 10,408 10,431 10,458 10,483 10,504 10,575 10,602 10,626 1,090 1,123 1,124 1,121 1,124 1,119 1,123 1,122 1,124 1,127 1,125 1,132 1,193 1,191 1,202 G o v e rn m e n t................................... 20,681 2,777 20,873 2,616 20,747 2,615 20,770 2,612 20,828 2,621 20,932 2,626 21,005 2,622 20,981 2,627 20,998 2,625 21,006 2,607 21,061 2,615 21,070 2,607 21,162 2,608 21,196 2,611 21,185 2,610 1,917 4,785 2,032 2,753 13,119 7,440 5,679 1,767 4,880 2,088 2,792 13,377 7,567 5,810 1,756 4,847 2,065 2,782 13,285 7,495 5,790 1,754 4,854 2,066 2,788 13,304 7,512 5,792 1,772 4,881 2,089 2,792 13,326 7,515 5,811 1,772 4,909 2,117 2,792 13,397 7,575 5,822 1,774 4,913 2,122 2,791 13,470 7,650 5,820 1,776 4,931 2,129 2,802 13,423 7,595 5,828 1,779 4,919 2,107 2,812 13,454 7,607 5,847 1,777 4,916 2,109 2,907 13,843 7,630 5,853 1,775 4,928 2,112 2,816 13,518 7,642 5,876 1,775 4,934 2,120 2,814 13,529 7,644 5,885 1,777 4,937 2,130 2,807 13,617 7,746 5,871 1,782 4,940 2,133 2,807 13,645 7,767 5,878 1,784 4,942 2,135 2,807 13,633 7,754 5,879 Federal........................................ Federal, except Postal Service................................... State............................................ Education.................................. Other State government.......... Local............................................ Education.................................. Other local government........... 1,924 1,979 1,967 1,973 1,981 1,983 1,990 1,992 1,993 2,000 2,002 2,007 2,041 2,046 2,044 1,795 3,990 643 1,010 2,325 2,903 712 806 1,822 4,095 650 1,026 2,420 305‘ 749 843 1,816 4,062 646 1,021 2,388 3,023 743 835 1,814 4,071 645 1,027 2,431 3,039 745 842 1,821 4,086 648 1,027 2,426 3,056 756 845 1,823 4,098 647 1,026 2,432 3,048 760 847 1,825 4,114 653 1,028 2,452 3,076 765 848 1,830 4,124 655 1,030 2,446 3,085 756 851 1,834 4,135 655 1,030 2,436 3,096 757 854 1,837 4,149 657 1,030 2,439 3,100 755 855 1,842 4,158 659 1,031 2,457 33,105 757 853 1,848 4,167 663 1,030 2,472 3,122 756 860 1,875 4,184 642 1,054 2,485 3,155 722 899 1,879 4,193 643 1,056 2,489 3,162 723 902 1,883 4,199 634 1,059 2,501 3,167 725 904 106 2,475 110 2,498 109 2,489 110 2,496 111 2,501 111 2,493 111 2,503 112 2,509 112 2,505 110 2,505 110 2,506 110 2,504 109 2,471 109 2,470 109 2,477 3,419 3,525 3,517 3,512 3,529 3,540 3,544 3,533 3,538 3,543 3,541 3,542 3,629 3,631 3,636 1,017 1,060 1,053 1,057 1,059 1,064 1,067 1,067 1,069 1,065 1,063 1,064 1,044 1,044 1,041 1 Includes other Industries not shown separately. p = preliminary. N o t e : See "Notes on the data" for a description of the most recent benchmark revision. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Ju n e 2002 91 Current Labor Statistics: 13. Labor Force Data Average weekly hours of production or nonsupervisory workers on private nonfarm payrolls, by industry, monthly data seasonally adjusted Industry 2000 2001 34.5 P R I V A T E S E C T O R ..................................... 34.2 2002 2001 Annual average June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.p Apr.p Apr. May 34.2 34.2 34.2 34.2 34.0 34.1 34.0 34.1 34.1 33.6 34.2 34.2 34.2 40.5 40.3 40.2 40.0 40.0 40.1 39.9 40.4 40.5 40.4 G O O D S - P R O D U C I N G ..................................... 41.0 40.3 40.6 40.5 40.4 M IN IN G .............................................................. 43.1 43.4 44.0 43.9 43.3 43.3 43.4 43.5 43.1 43.2 43.1 42.3 43.4 43.3 42.4 M A N U F A C T U R I N G ........................................ 41.6 4.6 40.7 3.9 41.0 3.9 40.7 3.9 40.7 3.9 40.8 4.0 40.7 4.1 40.6 3.9 40.5 3.8 40.3 3.7 40.6 3.8 40.4 3.7 40.7 3.7 41.0 4.1 40.9 4.2 42.1 4.7 41.0 40.0 43.1 44.9 41.0 3.9 40.3 36.9 43.6 43.6 41.3 3.9 40.1 39.3 43.2 44.3 41.0 3.9 40.6 38.6 43.9 43.5 40.9 3.9 40.4 38.4 44.0 43.9 41.2 4.0 41.1 39.7 44.0 44.1 41.1 4.1 40.9 39.7 43.9 43.7 40.9 3.8 41.1 38.8 44.0 43.7 40.7 3.7 40.6 38.3 43.9 43.2 40.4 3.6 40.5 38.4 43.8 42.6 40.9 3.8 40.7 38.9 43.6 43.9 40.8 3.7 39.7 39.8 43.2 43.6 41.1 3.9 40.9 40.3 4.1 43.8 41.3 4.1 41.1 40.6 43.6 44.4 41.4 4.1 40.8 40.8 43.8 44.3 46.0 42.6 44.5 41.3 45.4 42.0 44.6 41.4 45.1 41.2 44.7 41.6 44.6 41.5 45.5 41.2 44/0 41.0 43.3 40.7 43.8 41.3 43.9 41.2 44.8 41.6 45.5 41.7 45.1 41.6 Industrial machinery and equipment... Electronic and other electrical equipment............................................ Transportation equipment.................... Motor vehicles and equipment.......... Instruments and related products....... Miscellaneous manufacturing.............. 42.2 40.7 41.3 40.7 40.4 40.8 40.2 40.3 40.4 39.9 40.1 40.4 40.1 40.5 40.6 41.1 43.4 44.4 41.3 39.0 39.4 41.9 42.7 40.6 37.9 39.8 42.4 43.3 41.0 38.2 39.1 42.4 43.6 41.0 37.9 39.3 41.9 43.0 40.8 38.4 38.9 42.2 43.0 40.8 38.4 39.1 42.8 44.6 40.4 38.2 39.1 41.5 42.3 41.1 37.6 39.0 41.3 41.9 40.7 37.5 38.8 41.3 42.2 40.3 37.1 39.3 41.8 43.1 40.5 37.8 38.5 42.3 43.5 40.4 37.1 38.9 42.3 43.7 40.4 38.4 39.4 42.4 43.9 40.6 38.8 39.5 42.6 44.4 40.4 38.8 N o n d u r a b le g o o d s ...................................... 40.8 4.4 41.7 41.2 37.8 42.5 40.3 4.0 41.1 40.0 37.3 41.7 40.5 3.9 41.3 40.3 38.0 42.0 40.3 4.0 41.1 40.3 37.8 41.6 40.4 3.9 41.2 40.4 37.5 41.7 40.3 4.0 40.9 39.7 37.7 41.9 40.1 4.1 41.1 39.8 36.9 41.2 40.2 4.1 41.0 39.8 36.9 41.6 40.2 4.1 41.1 39.7 36.8 41.5 40.0 3.9 40.8 39.5 36.9 41.3 40.2 4.0 40.9 40.0 37.3 41.5 40.0 3.8 40.7 39.9 36.6 41.4 40.2 3.9 41.0 40.9 36.7 41.5 40.4 4.2 41.4 41.4 37.4 41.5 40.3 4.3 41.2 41.5 37.1 41.6 38.3 42.5 38.1 42.3 38.2 42.6 38.0 42.4 38.0 42.2 38.2 42.7 38.0 42.1 38.1 42.2 38.0 42.3 37.8 42.0 37.9 41.9 37.3 41.9 37.4 41.9 37.5 42.0 37.2 41.8 41.4 37.5 41.7 36.4 40.8 36.6 40.6 35.9 40.7 36.2 40.6 35.7 40.5 36.4 40.8 36.3 40.5 36.0 40.7 36.6 41.2 37.5 40.9 37.5 40.9 37.2 41.1 37.3 41.6 37.5 32.8 32.7 32.7 32.7 32.8 32.6 32.6 32.6 32.6 32.6 32.7 32.2 32.7 32.8 32.7 P U B L I C U T IL IT I E S .................................... 38.6 38.1 38.1 38.1 38.1 37.8 37.8 37.6 37.8 38.8 38.0 37.4 38.2 38.2 38.3 W H O L E S A L E T R A D E .................................. 38.5 38.2 38.2 38.2 38.3 38.2 38.3 38.3 38.1 38.2 38.3 37.9 38.3 38.4 38.3 R E T A I L T R A D E .............................................. 28.9 28.8 28.8 28.8 28.7 28.6 28.6 28.7 I 28.7 28.8 28.9 28.0 29.0 29.1 29.0 Overtime hours..................................... D u ra b le g o o d s .............................................. Overtime hours.................................... Lumber and wood products................. Furniture and fixtures............................ Stone, clay, and glass products.......... Primary metal industries....................... Blast furnaces and basic steel products.............................................. Fabricated metal products................... Overtime hours.................................... Food and kindred products.................. Textile mill products.............................. Apparel and other textile products...... Paper and allied products.................... Printing and publishing......................... Chemicals and allied products........... Rubber and miscellaneous plastics products.................................. S E R V I C E - P R O D U C I N G .................................. TR A N S P O R T A T IO N AN D p = preliminary. NOTE: S ee "Notes on the data" for a description of the most recent benchmark revision. M onthly Labor Review 92 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 14. Average hourly earnings of production or nonsupervisory workers on private nonfarm payrolls, by industry, seasonally adjusted Industry Annual average 2002 2001 2000 2001 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.p Apr.p $13.75 $14.33 $14.21 $14.24 $14.31 $14.34 $14.40 $14.45 $14.47 $14.54 $14.59 $14.67 $14.62 $14.65 $14.68 15.40 15.93 15.78 15.86 15.90 15.93 16.01 16.04 16.05 16.05 16.15 16.17 16.28 16.29 16.32 17.65 18.33 14.84 14.15 17.53 18.15 14.72 14.04 17.54 18.22 14.78 14.09 17.73 18.28 14.81 14.13 17.74 18.26 14.86 14.18 17.69 18.35 14.93 14.24 17.67 Construction........................................... Manufacturing........................................ Excluding overtime............................. 17.24 17.88 14.38 13.62 18.36 14.96 14.28 17.73 18.38 14.97 14.31 17.85 18.46 15.05 14.38 17.80 18.58 15.10 14.41 17.96 18.47 15.16 14.49 17.66 18.68 15.16 14.46 17.72 18.74 15.19 14.45 17.63 18.83 15.19 14.43 S e r v ic e - p r o d u c in g ...................................... 13.24 13.85 13.73 13.76 13.84 13.87 13.93 13.98 14.01 14.07 14.13 14.24 14.14 14.18 14.21 Transportation and public utilities....... Wholesale trade..................................... Retail trade............................................. Finance, insurance, and real estate.... Services................................................... 16.22 15.20 9.46 15.07 13.91 16.89 15.80 9.82 15.84 14.61 16.74 15.74 9.74 15.64 14.48 16.76 15.70 9.79 15.74 14.49 16.91 15.86 9.83 15.86 14.54 16.88 15.84 9.84 15.91 14.61 16.95 15.81 9.87 15.99 14.71 17.02 15.95 9.87 16.01 14.76 17.09 15.89 9.91 16.05 14.81 17.23 15.91 9.98 16.07 14.87 17.23 16.04 9.99 16.16 14.94 17.39 16.07 10.05 16.13 15.07 17.16 16.19 9.92 16.08 15.04 17.26 16.23 9.95 16.14 15.08 17.26 16.11 9.97 16.18 15.13 7.86 8.00 7.94 7.93 7.95 8.00 8.03 8.02 8.06 8.11 8.16 8.21 8.14 8.13 8.10 P R I V A T E S E C T O R (in c u rre n t d o lla rs ) .. P R I V A T E S E C T O R (in c o n s t a n t (1982) d o lla r s ) ............................................................ p = preliminary. Dash indicates data not available. NOTE: S ee "Notes on the data" for a description of the most recent benchmark revision. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Ju n e 2002 93 Current Labor Statistics: Labor Force Data 15. Average hourly earnings of production or nonsupervisory workers on private nonfarm payrolls, by industry Annual average Industry 2001 2001 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.p Apr.p PRIVATE SECTOR..................................... $13.75 $14.33 $14.27 $14.22 $14.22 $14.27 $14.28 $14.51 $14.50 $14.56 $14.64 $14.67 $14.68 $14.69 $14.72 MINING.......................................................... 17.24 17.65 17.60 17.49 17.59 17.67 17.53 17.67 17.70 17.79 17.90 17.96 17.83 17.82 17.85 CONSTRUCTION......................................... 17.88 18.33 18.07 18.17 18.21 18.32 18.43 18.50 18.55 18.51 18.65 18.47 18.50 18.60 ###### MANUFACTURING.................................... 14.38 14.84 14.74 14.75 14.79 14.84 14.89 15.01 14.97 15.07 15.19 15.16 15.16 15.17 15.22 D urable g o o d s .......................................... Lumber and wood products................. Furniture and fixtures............................ Stone, clay, and glass products.......... Primary metal industries...................... Blast furnaces and basic steel products.............................................. Fabricated metal products................... 14.82 11.93 11.73 14.53 16.42 15.28 12.25 12.21 15.03 16.96 15.14 12.13 12.07 14.96 16 90 15.19 12.16 12.09 15.03 16.82 15.24 12.19 12.15 15.13 16.96 15.25 12.32 12.24 15.12 17.11 15.37 12.37 12.29 15.17 17.06 15.49 12.45 12.35 15.22 17.27 15.45 12.34 12.39 15.20 17.12 15.55 12.41 12.40 15.16 17.31 15.68 12.37 12.56 15.23 17.26 15.64 12.39 12.59 15.29 17.26 15.64 12.32 12.58 15.26 17.30 15.64 12.32 12.52 15.24 17.30 15.67 12.33 12.52 15.43 17.37 19.82 13.87 20.43 14.26 20.37 14.11 20.26 14.23 20.39 14.25 20.48 14.27 20.63 14.34 20.91 14.42 20.55 14.33 20.75 14.44 20.61 14.63 20.62 14.56 20.75 14.53 20.58 14.62 20.80 14.64 Industrial machinery and equipment... Electronic and other electrical equipment............................................ Transportation equipment.................... Motor vehicles and equipment.......... Instruments and related products....... Miscellaneous manufacturing.............. 15.55 15.91 15.74 15.79 15.82 15.90 15.96 16.05 16.09 16.15 16.33 16.34 16.31 16.30 16.33 13.80 18.45 18.79 14.43 11.63 14.53 19.01 19.36 14.87 12.19 14.39 18.77 19.13 14.80 12.04 14.38 18.83 19.18 14.75 12.10 14.51 18.90 19.25 14.81 12.07 14.59 18.80 19.04 14.98 12.12 14.72 19.08 19.39 15.00 12.23 14.84 19.31 19.68 15.06 12.37 14.78 19.37 19.82 15.00 12.27 14.87 19.51 19.96 15.03 12.46 15.01 19.65 20.19 15.16 12.67 14.88 19.54 20.03 15.15 12.61 14.88 19.65 20.08 15.22 12.51 14.92 19.58 20.09 15.26 12.59 14.91 19.65 20.24 15.27 12.53 N ondurable g o o d s ................................... Food and kindred products.................. Tobacco products.................................. Textile mill products.............................. Apparel and other textile products...... Paper and allied products.................... 13.69 12.50 21.57 11.16 9.30 16.25 14.17 12.88 22.28 11.35 9.47 16.86 14.12 12.79 22.59 11.30 9.44 16.74 14.07 12.83 23.01 11.29 9.39 16.72 14.11 12.86 23.17 11.32 9.45 16.90 14.23 12.93 23.63 11.37 9.40 16.99 14.17 12.87 21.90 11.39 9.44 16.87 14.31 12.95 21.70 11.40 9.56 17.12 14.28 12.91 21.71 11.34 9.49 17.11 14.37 13.11 22.32 11.43 9.58 17.13 14.45 13.21 22.21 11.52 9.47 17.17 14.46 13.16 21.91 11.64 9.77 17.07 14.45 13.09 22.16 11.61 9.78 17.04 14.48 13.14 23.02 11.65 9.90 17.14 14.55 13.23 23.40 11.68 9.92 17.32 Printing and publishing......................... Chemicals and allied products............ Petroleum and coal products............... Rubber and miscellaneous plastics products.................................. Leather and leather products............... 14.40 18.15 22.00 14.82 18.59 22.09 14.75 18.64 22.09 14.75 18.52 21.83 14.74 18.55 21.78 14.83 18.69 22.02 14.87 18.54 22.20 15.01 18.86 22.27 14.96 18.70 22.36 14.93 18.74 22.38 15.04 18.81 21.95 15.04 18.84 22.05 15.12 18.96 22.46 15.19 18.89 22.46 15.23 18.94 22.28 12.85 10.18 13.39 10.31 13.33 10.37 13.30 10.26 13.30 10.30 13.38 10.25 13.44 10.35 13.51 10.25 13.48 10.21 13.53 10.09 13.67 10.25 13.66 10.27 13.61 10.33 13.61 10.30 13.69 10.34 TRANSPORTATION AND PUBLIC UTILITIES.................................. 16.22 16.89 16.78 16.70 16.83 16.89 16.97 17.07 17.09 17.23 17.26 17.39 17.44 17.40 17.48 WHOLESALE TRADE................................. 15.20 15.80 15.86 15.66 15.77 15.88 15.75 16.03 15.85 15.91 16.16 16.07 16.16 16.08 16.09 RETAIL TRADE........................................... 9.46 9.82 9.78 9.78 9.77 9.77 9.79 9.92 9.93 9.98 9.99 10.05 10.03 10.05 10.05 FINANCE, INSURANCE, AND REAL ESTATE................................ 15.07 15.84 15.81 15.74 15.75 15.85 15.84 16.05 15.96 16.04 16.21 16.13 16.20 16.24 16.29 SERVICES..................................................... 13.91 14.61 14.58 14.46 14.39 14.46 14.46 14.78 14.80 14.92 15.09 15.07 15.10 15.10 15.09 p = preliminary. NOTE: S ee "Notes on the data" for a description of the most recent benchmark revision. 94 2002 2000 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 16. Average weekly earnings of production or nonsupervisory workers on private nonfarm payrolls, by industry Industry Annual average 2002 2001 2000 2001 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.p $474.38 $490.09 $486.61 485.98 271.70 $484.90 487.01 269.39 $489.17 489.40 271.46 $493.74 490.43 275.22 $491.23 489.60 273.82 $497.69 492.75 275.88 $493.00 491.98 274.50 $495.04 495.81 276.10 $503.62 499.66 282.30 $492.91 492.91 275.83 $497.65 497.65 277.55 $497.99 497.99 276.20 A p r.p P R IV A TE S E C T O R v 9-> f n Seasonally adjusted................. Constant (1982) dollars............. 272.16 273.64 M IN IN G .................................................. 743.04 766.01 765.60 769.56 768.68 772.18 764.31 777.48 773.49 764.97 771.49 759.71 763.98 762 70 /'5 ö 8 4 C O N S T R U C T I O N ............................... 702.68 718.54 695.70 728.62 728.40 740.13 739.04 736.30 732.73 720.04 714.30 712.94 712.25 714.24 720 98 598.21 343.21 603.99 337.24 588.13 328.38 600.33 333.52 603.43 334.87 598.05 333.36 607.51 338.63 615.41 341.14 609.28 339.24 613.35 342.08 627.35 351.65 612.46 342.73 610.95 340.74 620.45 344.12 620 98 6 4 5 .6 0 4 9 9 .0 1 2 7 5 ,0 9 M A N U FA C TU R IN G C onstant (1982) dollars.............. 3 4 2 .3 3 D u ra b le g o o d s .................................... 623.92 626.48 607.11 624.31 626.36 617.63 633.24 639.74 631.91 636.00 652.29 638.11 636.14 644.37 Lumber and wood products...... Furniture and fixtures................. Stone, clay, and glass 489.13 469.20 496.13 474.90 483.99 457.45 497.34 462.22 498.57 468.99 502.66 481.03 509.64 491.60 517.92 489.06 504.71 478.25 503.85 479.88 502.33 501.14 491.88 501.48 491.97 500.68 501.42 5 0 0 .6 0 507.06 505 64/79 626.24 737.26 655.31 739.46 638.79 730.08 665.83 731.67 670.26 744.54 669.82 742.57 676.58 743.82 686.42 766.79 674.88 737.87 668.56 747.79 664.03 768.07 660.53 752.54 659.23 749.09 661.42 764.66 911.72 590.86 909.14 588.94 920.72 567.22 899.54 589.12 919.59 589.95 919.55 582.22 920.10 595.11 959.77 598.43 900.09 590.40 908.85 594.93 902.72 617 39 905.22 599 87 906.78 598.22 921.98 608.19 607 56 656.21 657.54 628.03 644.23 640.71 640.77 640.00 648.42 648.43 649.23 669.53 660.14 655.66 660.15 6 5 6 .4 7 567.18 800.73 572.48 796.52 554.02 765.82 559.38 804.04 570.24 799.47 558.80 765.16 577.02 814.72 584.70 809.09 584.39 807.73 580.85 818.52 603.40 841.02 572.88 826.54 573.27 822.50 584 86 832.15 581 4 9 834.28 826.67 791.98 840.08 839.30 780.64 858.98 844.27 840.37 852.29 890.38 871.31 867.46 881.95 906 75 595.96 453.57 606.70 462.00 594.96 450.30 602.48 458.59 602.77 463.49 605.19 458.14 606.00 468.41 618.97 467.59 609.00 462.58 610.22 464.76 624.59 483.99 612.06 467.83 612.96 471.63 621.08 484.72 6 1 3 .8 5 N o n d u r a b le g o o d s ......................... 558.55 571.05 559.15 564.21 568.63 582.42 576.91 589.99 576.56 583.54 5 8 3 .4 6 529.37 893.43 454.00 510.32 885.53 444.09 522.18 906.59 454.99 528.55 956.92 458.46 535.39 878.19 456.74 543.90 885.36 458.28 538.35 881.43 540.20 544.07 899.50 454.91 589.56 549.54 917.27 466 56 578.40 521.25 877.90 459.79 569.20 528.84 952.29 444.57 571.05 Food and kindred products....... 535.61 878.59 524.51 897.69 471 37 533.48 923.10 485.81 5 3 1 .8 5 351.54 690.63 353.23 703.06 346.45 688.01 355.88 690.54 357.21 701.35 349.68 708.48 350.22 695.04 350 85 722.46 348 28 715.20 354 46 717.75 365 31 726.29 357 58 706.70 363 58 701.17 378 18 711.31 3 7 2 99 551.52 771.38 932.80 564.64 786.36 943.24 554.60 790.34 965.33 556.08 783.40 910.31 557.17 782.81 934.36 563.54 790.59 953.47 568.03 778.68 954.60 577.89 797.78 955.38 571.47 791.01 936.88 573.31 794.58 935.48 577.54 799.43 906.54 560.99 789.40 917.28 565.49 787.90 927.82 574.18 791.49 911.88 5 6 9 .6 0 8 68.92 531.99 381.75 544.97 375.28 529.20 369.17 539.98 370.39 543.97 378.01 535.20 360.80 544.32 379.85 556.61 377.20 548.64 369.60 553.38 373.33 574.14 385.40 558.69 385.13 556.24 385.22 559.37 387.28 3 9 1 .8 9 P U B L I C U T IL IT I E S ......................... 626.09 643.51 641.00 632.93 642.91 650.27 646.56 648.66 646.00 649.57 661.06 650.39 651.88 655.98 4 5 9 .0 0 W H O L E S A L E T R A D E ....................... 585.20 603.56 607.44 598.59 603.99 611.38 603.23 620.36 603.89 607.76 623.78 609.05 616.08 612.65 6 1 6 .2 5 R E T A I L T R A D E ................................... 273.39 282.82 281.66 280.69 283.33 288.22 286.85 285.70 283.01 284.43 291.71 281.40 286.14 287.43 78 ,'.5 7 A N D R E A L E S T A T E ....................... 547.04 547.99 580.23 565.78 570.15 581.70 571.82 589.04 571.37 577.44 594.91 579.07 586.44 586.26 586.44 S E R V I C E S ............................................. 454.86 477.75 476.77 469.95 471.99 478.63 474.29 483.31 479.52 484.90 496.46 485.25 490.75 489.24 4 8 8 .9 2 Primary metal industries........... Blast furnaces and basic steel products......................... Industrial machinery and equipment............................... Electronic and other electrical Transportation equipment......... Motor vehicles and Instruments and related products.................................... Miscellaneous manufacturing.... 6 8 3 .5 5 7 6 7 .7 5 927.68 8 4 2 .9 9 4 7 8 .6 5 940 68 4 9 1 .7 3 Apparel and other textile Paper and allied products......... Printing and publishing.............. Chemicals and allied products.. Petroleum and coal products.... Rubber and miscellaneous plastics products....................... Leather and leather products.... '2 0 51 '2.5.48 362 6 6 TR A N S P O R T A T IO N AN D FIN A N C E, IN S U R A N CE , p = preliminary. NOTE: S ee "Notes on the data" for a description of the most recent benchmark revision. Dash indicates data not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Ju n e 2002 95 Current Labor Statistics: 17. Labor Force Data Diffusion indexes of employment change, seasonally adjusted [In percent] Timespan and year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov Dec. Private nonfarm payrolls, 356 industries Over 1-month span: 1998.................................................. 1999.................................................. 2000................................................... 2001................................................... 2002................................................... 63.2 55.1 55.7 53.7 48.9 56.2 59.6 59.3 50.4 45.9 59.3 52.8 61.0 55.8 45.0 60.2 57.2 54.2 45.0 - 58.9 58.2 47.7 46.6 - 57.1 54.2 60.5 44.3 - 55.4 57.1 57.8 45.5 - 58.4 54.4 55.1 43.9 Over 3-month span: 1998.................................................. 1999.................................................. 2000................................................... 2001................................................... 2002................................................... 65.3 60.8 61.6 51.7 41.1 66.1 57.8 63.3 54.1 42.8 64.6 58.5 61.9 48.6 44.9 65.7 55.8 56.2 49.2 - 62.2 58.1 55.1 42.5 - 57.9 57.9 57.9 42.4 - Over 6-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. 70.4 59.8 63.5 52.0 37.8 67.4 59.8 60.6 50.6 - 65.0 58.2 62.6 48.6 - 62.5 60.3 63.7 45.3 - 63.6 56.7 61.5 44.1 - Over 12-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001................................................... 2002................................................... 69.7 61.2 62.5 49.6 - 67.6 60.2 63.0 47.7 - 67.4 58.2 61.8 45.0 - 66.0 60.8 59.5 43.1 - 64.0 60.8 58.4 40.5 - - 58.2 59.9 55.1 38.7 - 56.4 56.8 54.2 41.8 - 59.1 59.8 54.1 38.8 - 59.2 59.1 53.3 35.8 - 59.3 61.0 55.7 35.6 - 59.2 60.6 53.3 37.7 - 58.6 60.8 58.6 35.6 - 57.9 62.2 54.2 35.1 - 59.6 61.2 54.8 35.7 - 60.6 62.3 51.8 35.3 - 59.9 64.9 54.2 35.6 - 62.0 61.3 56.5 36.8 - 60.9 63.9 54.2 34.7 - 59.3 63.0 53.4 - 60.8 61.3 53.0 - 58.8 60.9 51.8 - 55.0 57.9 54.8 38.7 - 54.8 55.2 52.0 44.1 - 57.5 57.2 61.5 40.5 - 58.4 59.2 56.4 39.9 - 60.5 59.2 55.5 38.5 - 59.2 61.8 56.1 37.1 - 62.7 61.6 56.8 39.8 - 61.9 62.2 55.7 38.4 - Manufacturing payrolls, 139 industries Over 1-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. 57.4 46.9 44.9 37.9 39.0 51.5 44.5 56.6 32.4 40.4 53.7 43.0 55.5 41.5 47.1 53.3 42.3 46.7 31.3 - 43.8 50.4 41.2 29.4 - 48.2 39.3 54.8 33.1 - 38.2 51.5 53.7 39.0 - 51.5 39.3 38.6 27.6 - 41.9 45.2 34.6 36.0 - 41.5 46.3 41.5 29.4 - 41.2 53.3 43.8 25.7 - 43.4 46.7 44.1 29.4 - Over 3-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. 59.6 41.2 50.0 28.3 25.7 59.6 39.0 54.0 29.4 34.2 55.9 38.2 52.9 24.6 37.1 50.4 41.8 42.3 26.5 - 46.7 40.8 43.0 22.4 - 37.9 45.2 48.5 24.6 - 41.5 39.0 48.2 21.0 - 41.5 45.2 33.6 19.9 - 41.9 40.8 28.7 19.9 - 38.2 44.9 30.5 21.0 - 36.8 46.3 39.0 17.6 - 40.8 46.0 35.7 20.2 - Over 6-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. 63.2 36.0 51.5 26.8 20.2 54.4 38.2 44.5 25.4 - 50.4 37.5 48.5 19.9 - 40.4 41.2 55.1 20.6 - 44.5 36.8 43.8 20.2 - 40.1 39.7 34.9 15.1 - 37.5 43.0 33.5 13.2 - 36.4 41.5 34.6 14.0 - 34.9 46.0 30.1 11.8 - 40.1 40.4 29.4 14.7 - 37.1 46.3 25.0 18.8 - 34.2 51.5 27.9 18.8 - Over 12-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. 54.8 38.6 46.3 19.1 - 52.2 34.6 45.2 16.5 - 51.8 32.4 41.2 14.7 - 46.7 36.0 37.9 16.2 - 40.4 37.9 33.8 15.1 - 40.1 39.0 31.3 12.1 - 38.2 40.1 31.3 12.9 - 37.5 40.4 31.3 12.5 - 36.4 44.5 27.6 12.5 - 34.6 46.0 25.4 - 35.7 44.9 24.3 - 34.2 44.5 21.3 - Dash indicates data not available. NOTE: Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with inceasing and decreasing employment. 96 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 Data for the 2 most recent months shown in each span are preliminary. S ee the "Definitions" in this section. S ee "Notes on the data" for a description of the most recent benchmark revision. 18. Establishment size and employment covered under Ul, private ownership, by major industry division, first quarter 2000 S iz e o f e s t a b lis h m e n t s In d u s try , e s ta b lis h m e n t s , a n d e m p lo y m e n t T o ta l Few e r than 5 to » 10 to 19 20 to 49 50 t o 99 100 to 249 2 50 to 4 99 5 00 t o 999 5 w o rk e rs ' w o rk e rs w o rk e rs w o rk e rs w o rk e rs w o rk e rs w o rk e rs w o rk e rs 1,000 o r m o re w o rk e rs T o ta l, a ll in d u s t r ie s 2 Establishments, first quarter .................. Employment, March ................................ 7,531,330 108,195,174 4,413,181 6,831,146 1,302,488 8,615,974 850,411 11,471,927 590,662 17,878,154 206,415 14,212,796 119,172 17,895,603 31,311 10,658,780 11,713 7,965,372 5,977 12,665,422 200,289 1,702,493 123,880 179,158 37,(546 248,989 22,736 302,599 11,179 326,510 2,875 196,681 1,473 216,628 370 126,181 106 69,476 24 36,271 27,284 524,514 14,102 22,082 4,323 28,959 3,728 51,183 3,202 97,241 1,023 69,762 591 89,714 214 74,836 76 52,916 25 37,821 747,563 6,310,456 477,549 703,310 126,844 831,405 76,253 1,024,819 46,543 1,389,870 13,242 898,785 5,748 846,893 1,053 347,400 272 182,357 59 85,617 405,838 18,433,795 147,029 251,154 67.3B5 453,337 61,150 842,691 61,487 1,922,360 30,568 2,144,676 24,264 3,739,308 8,646 2,977,743 3,598 2,446,323 1,711 3,656,143 315,413 6,678,516 174,645 272,380 49,173 325,334 36,475 498,572 30,720 945,800 12,952 895,012 7,913 1,190,459 2,127 726,615 892 618,630 516 1,205,714 664,094 6,947,770 400,335 621,924 110,0511 729,753 77,321 1,046,983 52,153 1,565,359 15,187 1,035,060 7,019 1,035,170 1,478 496,350 414 274,988 96 142,183 1,458,626 22,807,395 623,529 1,154,942 329,260 2,204,569 235,941 3,190,042 179,053 5,437,335 57,988 3,943,391 26,380 3,880,016 4,982 1,659,975 1,169 764,056 324 573,069 671,294 7,379,831 438,402 714,292 114,349 751,197 62,141 826,817 35,549 1,065,116 11,618 797,168 6,025 912,396 1,799 621,570 898 615,246 513 1,076,029 2,890,313 37,110,557 1,879,338 2,772,133 451,715 2,967,673 271,168 3,643,823 169,867 5,102,854 60,864 4,225,937 39,727 5,980,102 10,640 3,627,319 4,286 2,939,641 2,708 5,851,075 A g r ic u ltu r e , fo re s t ry , a n d f is h in g Establishments, first quarter .................. Employment, March ................................ M in in g Establishments, first quarter .................. Employment, March ................................ C o n s t r u c t io n Establishments, first quarter .................. Employment, March ................................ M a n u fa c t u rin g Establishments, first quarter .................. Employment, March ................................. T r a n s p o r t a t io n a n d p u b lic u tilitie s Establishments, first quarter .................. Employment, March ................................. W h o le s a le tra d e Establishments, first quarter .................. Employment, March ................................. R e ta il tra d e Establishments, first quarter .................. Employment, March ................................ F in a n c e , in s u r a n c e , a n d real e s ta te Establishments, first quarter .................. Employment, March ................................ S e r v ic e s Establishments, first quarter .................. Employment, March ................................ 1 Includes establishm ents that reported no workers in March 2000. NOTE: Detail may not add to totals due to rounding. 2 Includes data for nonclassifiable establishments, not shown separately. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Ju n e 2002 97 Current Labor Statistics: 19. Labor Force Data Annual data: establishments, employment, and wages covered under Ul and UCFE by ownership Year A v e ra g e e s ta b lis h m e n t s A v e ra g e T o ta l a n n u a l w a g e s annual (in t h o u s a n d s ) e m p lo y m e n t A v e ra g e annual A v e ra g e w ages w e e k ly p e r e m p lo y e e w age T o t a l c o v e r e d (Ul a n d U C F E ) 1991 ....................................................... 1 9 9 2 ....................................................... 1 9 9 3 ....................................................... 1 9 9 4 ....................................................... 1 9 9 5 ....................................................... 1 9 9 6 ....................................................... 1 9 9 7 ....................................................... 1 9 9 8 ....................................................... 1 9 9 9 ....................................................... 2 0 0 0 ....................................................... 6,382,523 6,532,608 6,679,934 6,826,677 7,040,677 7,189,168 7,369,473 7,634,018 7,820,860 7,879,116 106,884,831 107,413,728 109,422,571 112,611,287 115,487,841 117,963,132 121,044,432 124,183,549 127,042,282 129,877,063 $2,626,972,030 2,781,676,477 2,884,472,282 3,033,676,678 3,215,921,236 3,414,514,808 3,674,031,718 3,967,072,423 4,235,579,204 4,587,708,584 $24,578 25,897 26,361 26,939 27,846 28,946 30,353 31,945 33,340 35,323 $473 498 507 518 536 557 584 614 641 679 $24,335 25,622 26,055 26,633 27,567 28,658 30,058 31,676 33,094 35,077 $468 493 501 512 530 551 578 609 636 675 $24,178 25,547 25,934 26,496 27,441 28,582 30,064 31,762 33,244 35,337 $465 491 499 510 528 550 578 611 639 680 $27,132 27,789 28,643 29,518 30,497 31,397 32,521 33,605 34,681 36,296 $522 534 551 568 586 604 625 646 667 698 $24,595 25,434 26,095 26,717 27,552 28,320 29,134 30,251 31,234 32,387 $473 489 502 514 530 545 560 582 601 623 $32,609 35,066 36,940 38,038 38,523 40,414 42,732 43,688 44,287 46,228 $627 674 710 731 741 777 822 840 852 889 Ul co v e re d 1991 ....................................................... 1 9 9 2 ....................................................... 1 9 9 3 ....................................................... 1 9 9 4 ....................................................... 1 9 9 5 ....................................................... 1 9 9 6 ....................................................... 1 9 9 7 ....................................................... 1 9 9 8 ....................................................... 1999 ....................................................... 2 0 0 0 ....................................................... 6,336,151 6,485,473 6,632,221 6,778,300 6,990,594 7,137,644 7,317,363 7,586,767 7,771,198 7,828,861 103,755,832 104,288,324 106,351,431 109,588,189 112,539,795 115,081,246 118,233,942 121,400,660 124,255,714 127,005,574 $2,524,937,018 2,672,081,827 2,771,023,411 2,918,684,128 3,102,353,355 3,298,045,286 3,553,933,885 3,845,494,089 4,112,169,533 4,454,966,824 Private industry covered 1991 ....................................................... 1992 ....................................................... 1 9 9 3 ....................................................... 1 9 9 4 ....................................................... 1 9 9 5 ....................................................... 1996 ....................................................... 1997 ....................................................... 1 9 9 8 ....................................................... 1 9 9 9 ....................................................... 2 0 0 0 ....................................................... 6,162,684 6,308,719 6,454,381 6,596,158 6,803,454 6,946,858 7,121,182 7,381,518 7,560,567 7,622,274 89,007,096 89,349,803 91,202,971 94,146,344 96,894,844 99,268,446 102,175,161 105,082,368 107,619,457 110,015,333 $2,152,021,705 2,282,598,431 2,365,301,493 2,494,458,555 2,658,927,216 2,837,334,217 3,071,807,287 3,337,621,699 3,577,738,557 3,887,626,769 State government covered 1991 ....................................................... 1 9 9 2 ....................................................... 1 9 9 3 ....................................................... 1 9 9 4 ....................................................... 1 9 9 5 ....................................................... 1 9 9 6 ....................................................... 1 9 9 7 ....................................................... 1 9 9 8 ....................................................... 1999 ....................................................... 2 0 0 0 ....................................................... 58,499 58,801 59,185 60,686 60,763 62,146 65,352 67,347 70,538 65,096 4,005,321 4,044,914 4,088,075 4,162,944 4,201,836 4,191,726 4,214,451 4,240,779 4,296,673 4,370,160 $108,672,127 112,405,340 117,095,062 122,879,977 128,143,491 131,605,800 137,057,432 142,512,445 149,011,194 158,618,365 Local government covered 1991 ....................................................... 1 9 9 2 ....................................................... 1 9 9 3 ....................................................... 1 9 9 4 ....................................................... 1 9 9 5 ....................................................... 1996 ....................................................... 1 9 9 7 ....................................................... 1 9 9 8 ....................................................... 1999 ....................................................... 2 0 0 0 ....................................................... 114,936 117,923 118,626 121,425 126,342 128,640 130,829 137,902 140,093 141,491 10,742,558 10,892,697 11,059,500 11,278,080 11,442,238 11,621,074 11,844,330 12,077,513 12,339,584 12,620,081 $264,215,610 277,045,557 288,594,697 301,315,857 315,252,346 329,105,269 345,069,166 365,359,945 385,419,781 408,721,690 F e d e ra l G o v e r n m e n t c o v e r e d ( U C F E ) 1991 ....................................................... 1 9 9 2 ....................................................... 1 9 9 3 ....................................................... 1 9 9 4 ....................................................... 1 9 9 5 ....................................................... 1 9 9 6 ....................................................... 1 9 9 7 ....................................................... 1 9 9 8 ....................................................... 1 9 9 9 ....................................................... 2 0 0 0 ....................................................... 46,372 47,136 47,714 48,377 50,083 51,524 52,110 47,252 49,661 50,256 NOTE: Detail may not add to totals due to rounding. 98 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 3,128,999 3,125,404 3,071,140 3,023,098 2,948,046 2,881,887 2,810,489 2,782,888 2,786,567 2,871,489 $102,035,012 109,594,650 113,448,871 114,992,550 113,567,881 116,469,523 120,097,833 121,578,334 123,409,672 132,741,760 20. Annual data: establishments, employment, and wages covered under Ul and UCFE, by State A v e ra g e A v e ra g e an n u al T o ta l a n n u a l w a g e s e s ta b lis h m e n t s e m p lo y m e n t (in t h o u s a n d s ) S ta te 1999- 1999- 2000 2000 2000 2000 1999- 1999- 2000 2000 2000 ch an g e change change A v e r a g e w e e k ly w age 2000 change Total United S tates .......................................... 7.879,116 58,256 129,877,063 2,834,781 $4,587,708,584 $352,129,380 $679 $38 A labam a.............................................................. A la s k a .................................................................. A rizona................................................................ Arkansas ............................................................. California............................................................. 112,328 18,820 115,171 72,240 1,026,568 454 32 2,589 406 -33,271 1,877,963 275,607 2 220,712 1,130,891 14,867,006 6,911 6,674 70,174 17,750 472,932 54,538,027 9,685,341 72,417,033 29,761,939 612,318,313 1,970,401 532,709 6,772,271 1,520,062 71,430,084 558 676 627 506 792 18 22 40 18 69 Colorado ............................................................. C onnecticut......................................................... D elaw are............................................................. District of C olum bia........................................... F lorida.................................................................. 148,479 107,787 24,751 28,409 444,731 6,278 1,696 584 1,474 9,134 2,186,656 1,674,728 406,350 637,292 7,060,986 81,404 22,363 4,210 21,588 216,337 81,273,035 76,176,856 14,845,185 33,753,742 215,780.400 9.292,033 5,650,414 707,255 2,423,907 17,731,492 715 875 703 1,019 588 57 54 27 40 32 G e o rg ia ............................................................... H aw aii.................................................................. Id a h o .................................................................... Illinois................................................................... In d ia n a ................................................................ 225,040 34,027 45,399 322,324 152,846 6,628 1,564 1,128 2,721 -1,089 3,883,005 553,185 563,193 5,940,772 2,936,634 88,250 15,440 20,785 90,253 29,778 132,853,189 16,942,944 15,600,825 226,012,936 91,086.141 10,161,751 921,218 1,474,196 13,664,320 3,800,930 658 589 533 732 596 36 16 32 34 19 I o w a ..................................................................... K ansas ................................................................. K entucky............................................................. Louisiana............................................................. M a in e ................................................................... 97,091 80,477 107,740 118,216 44,865 2,479 1,036 2,403 1,549 956 1,443,394 11,313,742 1,762,949 1,869,219 590,818 12,412 14,945 31,482 21,317 17,005 40,312,331 38,571,763 50,774,667 52,131,235 16,344,365 1,743,623 2,164,568 2,669,580 1,838,194 916,386 537 565 554 536 532 19 26 20 13 15 M aryland............................................................. M assa ch u setts................................................... M ichigan.............................................................. Minnesota ........................................................... M ississippi........................................................... 146,559 187,391 260,885 155,711 63,970 1,117 344 2,244 4,932 229 2,405,510 3,275,135 4,585,211 2,608,543 1,137,304 58,631 83,493 82,445 57,751 -1,880 87,548,876 145,184,150 169,702,272 92,377,120 28,665,889 6,606,334 16,396,342 8,726,750 6,959,859 879,567 700 852 712 681 485 37 76 24 37 16 M issouri............................................................... M o n tan a.............................................................. N eb rask a............................................................. N ev ad a................................................................. New Hampshire ................................................. 163,080 38,349 51,838 48,126 45,924 2,303 1,585 4 194 494 2,677,110 379,094 882,918 1,017,902 606,543 31,687 7,855 16,308 41,975 15,318 84,020,093 9,202,211 24,449,709 32,853,744 21,069,920 4,745,993 567,364 1,370,028 2,392,271 2,067,493 604 467 533 621 668 28 20 21 21 50 New J e r s e y ......................................................... New Mexico ........................................................ New York ............................................................ North C arolina.................................................... North D ak o ta...................................................... 270,384 47,987 529,103 222,234 23,297 -15,337 693 4,797 7,270 240 3,877,572 717,243 8,471,416 3,862,782 309,223 85,195 16,339 178,874 58,413 3,263 169,355,641 19,722,105 384,241,451 120,007,446 7,632,602 13,725,235 1,311,285 34,472,229 7,922,007 365,713 840 529 872 597 475 51 24 61 30 18 Ohio ..................................................................... O klahom a............................................................ O re g o n ................................................................. P ennsylvania...................................................... Rhode Isla n d ...................................................... 280,988 89,298 109,050 315,284 33,327 1,073 1,368 -1,296 13,267 621 5,513,217 1,452,166 1,608,069 5,558,076 467,602 62,090 29,357 32,067 98,602 10,766 179,218,763 39,191,626 52,703,467 189,058,210 15,250,760 8,080,924 2,464,854 4,049,166 10,557,733 1,011,495 625 519 630 654 627 21 23 36 25 28 South C aro lin a................................................... South D a k o ta ..................................................... T ennessee .......................................................... Texas ................................................................... Utah ..................................................................... 109,370 27,145 125,247 489,795 66,144 -1,993 437 -51 8,425 2,282 1,820,138 364,119 2,667,230 9,289,286 1,044,143 27,993 8,334 40,186 272,645 26,519 51,289,516 9,030,727 81,495,110 324,579,638 30,518,822 2,664,765 574,920 4,055,765 27,952,132 2,131,853 542 477 588 672 562 20 20 21 39 26 Vermont .............................................................. Virginia ................................................................ W ashington......................................................... W est Virginia...................................................... W isconsin............................................................ W yom ing............................................................. 23,870 192,745 221,150 46,830 145,871 20,861 805 3,212 9,010 21 977 238 296,462 3,427,954 2,706,462 686,622 2,736,054 230,857 8,473 100,832 62,732 6,014 44,603 5,892 8,571,976 120,567,926 100,381,521 18,461,154 83,980,263 6,195,607 624,326 10,689,950 5,904,038 752,890 4,294,806 425,897 556 676 713 517 590 516 25 41 26 17 21 23 Puerto Rico ......................................................... Virgin Islands ..................................................... 52,371 3,255 202 32 1,026,175 42,349 23,785 1,411 19,306,364 1,173,955 709,126 104,996 362 533 5 31 NOTE: Detail may not add to totals due to rounding. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Ju n e 2002 99 Current Labor Statistics: Labor Force D ata 21. Annual data: Employment and average annual pay for all workers covered under Ul and UCFE in the 316 largest U.S. counties E m p lo y m e n t C o u n ty 1 2000 P e rc e n t change, 1999-20002 A v e ra g e an n u al pay R anked by p erce n t change, 1999-20003 2000 P e rc e n t change, 1999-20002 United States4 .................... 129,877,063 22. - 35,323 5.9 Jefferson, A L ..................... Madison, A L....................... Mobile, A L........................... Montgomery, A L ................ Tuscaloosa, A L .................. Anchorage, A K .................. Maricopa, A Z ..................... Pima, A Z ............................. Pulaski, A R ........................ Sebastian, A R .................... 384,662 154,356 169,469 131,988 76,499 129,700 1,544,971 328,426 243,157 75,197 .6 1.7 -.1 .2 .8 2.0 3.6 3.1 .4 1.1 256 186 291 285 244 164 48 77 272 228 34,026 35,837 28,623 28,894 29,064 36,659 35,110 29,194 30,799 27,011 3.9 5.0 2.4 3.2 2.5 2.7 7.8 3.5 3.8 4.8 Washington, A R ................. Alameda, CA ..................... Contra Costa, CA ............. Fresno, CA ........................ Kern, C A ............................. Los Angeles, C A ................ Marin, C A ............................ Monterey, C A ..................... Orange, C A ........................ Placer, CA .......................... 80,045 696,242 336,691 322,759 238,250 4,098,154 111,645 164,646 1,394,414 107,182 3.3 3.0 3.1 1.9 2.1 1.7 2.1 2.5 3.6 8.9 61 84 78 169 153 187 154 118 49 3 26,408 45,091 42,318 26,162 28,572 39,651 42,600 29,962 39,247 33,386 3.8 9.8 3.7 4.8 5.7 4.9 8.5 5.1 4.8 5.3 Riverside, C A ..................... Sacram ento, C A ................ San Bernardino, C A .......... San Diego, C A ................... San Francisco, C A ............ San Joaquin, C A ................ San Luis Obispo, C A ........ S an Mateo, C A .................. S anta Barbara, CA ........... S anta Clara, C A ................. 469,467 573,942 528,437 1,195,116 609,138 201,070 94,883 378,494 176,901 1,030,633 5.3 2.6 3.0 3.0 3.7 3.1 3.6 5.3 3.0 6.1 12 107 85 86 43 79 50 13 87 9 29,136 37,732 29,901 37,535 57,532 29,237 28,096 67,051 32,566 76.213 4.7 3.8 8.1 12.0 4.7 6.2 30.4 8.2 24.7 S anta Cruz, C A .................. Solano, CA ........................ Sonoma, C A ...................... Stanislaus, C A ................... Tulare, CA .......................... Ventura, C A ........................ Yolo, CA ............................. Adams, C O ......................... Arapahoe, C O .................... Boulder, C O ........................ 101,833 117,217 190,946 160,948 132,986 287,611 84,565 144,806 284,236 179,719 3.3 3.7 3.1 1.7 3.6 3.4 1.5 3.6 3.9 8.2 62 44 80 188 51 57 201 52 38 4 35,819 31,670 35,715 28,201 23,750 37,069 33,438 33,428 46,254 45,564 15.5 8.4 11.3 4.4 4.6 9.1 3.3 4.8 7.8 13.9 Denver, C O ......................... El Paso, C O ........................ Jefferson, CO .................... Larimer, C O ........................ Fairfield, C T ........................ Hartford, C T ........................ New Haven, C T ................. New London, C T ................ New Castle, DE ................. Washington, DC ................ 469,137 237,739 210,519 119,155 427,557 501,562 367,343 123,039 281,920 637,292 3.2 3.4 2.6 5.1 1.1 1.1 1.1 .6 -.7 3.5 69 58 108 16 229 230 231 257 301 54 44,343 33,039 36,195 32,394 61,156 43,656 38,355 36,757 40,491 52,964 11.6 7.7 5.2 7.9 8.5 6.2 5.4 3.8 4.5 4.1 Alachua FL ........................ Brevard, F L ......................... Broward, F L ....................... Collier, F L ........................... Duval, F L ............................ Escambia, F L ..................... Hillsborough, FL ................ Lee, FL ............................... Leon, FL ............................. Manatee, F L ...................... 117,658 181,314 644,192 103,264 434,219 125,666 588,792 162,304 141,978 ( 5) 2.5 3.3 3.3 6.9 4.1 1.0 2.5 4.4 ( 5) 119 63 64 6 32 235 120 25 142 <5 ) 26,155 32,101 33,234 29,962 32,777 26,709 31,707 28,148 29,249 <*) 3.9 7.2 6.5 6.9 4.6 4.5 4.8 6.4 4.1 ( 5) Marion, FL .......................... Miami-Dade, F L ................. Orange, F L ......................... Palm Beach, F L ................. Pinellas, F L ......................... Polk, FL .............................. Sarasota, F L ...................... Seminole, FL ..................... Volusia, F L .......................... Bibb, G A ............................. 83,319 980,394 611,469 481,395 436,390 183,222 ( 5) 139,610 141,652 88,790 1.7 2.3 3.2 4.1 4.2 2.6 ( 5) 4.6 1.4 -1.2 189 135 70 33 29 109 ( 5) 23 207 308 24,953 33,333 31,123 35,233 31,263 27,881 (è) 30,835 25,079 29,299 3.3 3.9 4.6 7.3 5.4 3.5 <5 ) 6.9 5.5 3.2 Chatham, G A ..................... Clayton, G A ........................ Cobb, G A ............................ 122,785 116,368 301,183 1.3 -.6 1.3 214 296 215 29,650 36,774 38,792 1.9 6.7 5.4 S ee footnotes at end of table. 100 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 22 72 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 21. Continued— Annual data: Employment and average annual pay for all workers covered under Ul and UCFE in the 316 largest U.S. counties A v e ra g e a n n u a l pay E m p lo y m e n t C o u n ty ' 2000 P e rc e n t change, 1999-20002 R anked by p erce n t change, 1999-20003 2000 P e rc e n t change, 1999-20002 Dekalb, GA ......................... Fulton, GA .......................... Gwinnett, G A ..................... Muscogee, G A ................... Richmond, GA ................... Honolulu, H I........................ Ada, ID ................................ 310,659 754,368 281,654 98,315 106,260 407,935 177,741 -.6 2.7 4.1 -.1 -.6 2.6 6.5 297 103 34 292 298 110 8 38,614 47,060 39,051 27,744 28,592 31,874 34,460 4.9 8.5 6.0 3.7 3.6 2.8 10.0 Champaign, I L ................... Cook, I L .............................. Du Page, IL........................ Kane, I L .............................. Lake,IL ............................... McHenry, IL ....................... McLean, IL .......................... Madison, IL ......................... Peoria, IL ............................ Rock Island, IL ................... 90,429 2,687,795 582,352 193,410 310,689 87,258 84,324 94,550 102,801 80,273 2.8 1.3 1.7 2.9 3.1 1.9 .6 .4 .1 .8 96 216 190 91 81 170 258 273 287 245 29,183 42,898 42,570 32,173 42,620 32,007 34,254 28,974 31,387 33,525 4.2 5.8 3.6 .1 6.7 2.0 4.1 2.9 1.6 4.5 St. Clair, IL .......................... Sangam on, I L .................... Will, IL ................................. Winnebago, IL ................... Allen, IN .............................. Elkhart, IN ........................... Hamilton, IN ....................... Lake, IN .............................. Marion, IN ........................... St. Joseph, IN .................... 89,963 144,286 142,355 143,760 189,425 122,468 77,452 199,421 605,903 129,558 2.2 4.4 3.5 .5 .3 .6 3.0 -.6 1.6 .5 143 26 55 265 281 259 88 299 194 266 26,878 34,764 32,313 31,499 32,279 30,339 37,931 31,564 36,473 29,657 2.6 1.7 2.1 2.0 3.0 2.3 7.9 4.0 3.2 3.5 Tippecanoe, I N .................. Vanderburgh, IN ............... Linn, IA ............................... Polk, IA ............................... Scott, IA .............................. Johnson, K S ...................... Sedgwick, KS .................... Shaw nee, K S ..................... Wyandotte, K S ................... Fayette, K Y ........................ 77,377 109,904 121,968 263,940 87,113 287,797 249,846 100,223 79,746 172,031 1.1 .7 2.1 1.3 -.4 2.8 .0 2.4 1.8 1.8 232 251 155 217 295 97 289 130 177 178 31,083 29,569 34,097 33,666 29,067 37,247 32,696 29,375 34,592 30,713 4.0 3.2 4.9 2.5 3.9 6.7 2.9 3.2 2.9 3.8 Jefferson, K Y ..................... Caddo, LA........................... Calcasieu, LA .................... East Baton Rouge, L A ...... Jefferson, LA ..................... Lafayette, LA ..................... Orleans, LA........................ Cumberland, M E ................ Anne Arundel, MD ............ Baltimore, M D .................... 439,103 119,449 83,976 246,434 214,680 114,059 263,551 166,757 194,018 358,117 1.4 .3 .1 2.7 -.7 2.3 1.9 3.7 5.3 1.2 208 282 288 104 302 136 171 45 14 222 33,334 28,767 28,226 29,257 28,051 29,911 31,694 30,752 35,461 34,119 3.9 3.2 .9 1.6 2.1 5.5 1.3 1.1 7.3 4.7 Frederick, M D .................... Howard, M D....................... Montgomery, M D ............... Prince Georges, M D ......... Baltimore City, M D............ Barnstable, M A .................. Bristol, MA ......................... Essex, MA .......................... Hampden, MA.................... Middlesex, M A ................... 77,323 128,678 447,314 303,262 386,411 88,589 221,539 305,382 204,303 846,931 4.9 3.2 5.0 3.3 .8 3.7 1.3 2.5 1.9 3.1 22 71 20 65 246 46 218 121 172 82 30,847 37,897 43,708 37,060 38,579 29,726 30,785 39,154 32,220 52,091 5.9 5.1 5.8 6.9 4.5 .0 4.6 8.8 4.8 11.8 Norfolk, M A ........................ Plymouth, M A .................... Suffolk, M A ........................ Worcester, M A ................... G enesee, M l...................... Ingham, M l.......................... Kalamazoo, M l................... Kent, Ml .............................. Macomb, M l....................... Oakland, Ml ....................... 325,018 166,482 608,285 321,131 165,297 174,315 118,342 347,707 337,504 768,629 2.4 1.3 3.3 2.5 -1.4 2.0 -.1 1.6 .3 1.0 131 219 66 122 313 165 293 195 283 236 43,368 33,931 56,699 37,657 36,324 34,963 32,675 33,996 40,904 44,500 10.4 6.3 11.6 10.8 1.4 5.6 2.3 2.6 3.5 4.2 Ottawa, M l.......................... Saginaw, M l....................... Washtenaw, M l.................. Wayne, Ml .......................... Anoka, M N ......................... Dakota, MN ........................ Hennepin, M N.................... Olmsted, M N ...................... 118,711 95,474 195,624 866,282 108,989 153,364 874,693 82,670 1.8 -.8 .5 1.2 3.8 2.6 2.1 3.9 179 304 267 223 40 111 156 39 31,947 34,672 40,182 42,440 33,928 34,362 43,816 36,104 3.5 2.5 5.3 3.5 4.5 4.7 7.1 3.1 S ee footnotes at end of table. M onthly Labor Review Ju n e 2002 101 Current Labor Statistics: Labor Force D ata 21. Continued— Annual data: Employment and average annual pay for all workers covered under Ul and UCFE in the 316 largest U.S. counties E m p lo y m e n t C o u n ty 1 2000 102 P e rc e n t change, 1999-20002 2000 P e rc e n t change, 1999-20002 Ramsey, M N ___________ S t Louis, M N ..................... 332,929 94,926 1.6 1.4 196 209 39,069 28,903 5.8 4.6 Steam s, M N........................ Harrison, M S ...................... Hinds, M S ........................... Boone, MO ........................ Clay, M O ............................. Greene, M O ....................... Jackson, M O ...................... S t Charles, M O ................. S t Louis, M O ..................... S t Louis City, M O ............. 76,292 89,745 136,949 75,785 84,159 142,508 393,761 95,799 646,858 250,878 3.1 .4 -1.2 2.8 .0 2.4 .4 3.2 .8 .4 83 274 309 98 290 132 275 72 247 276 27,584 25,442 30,578 27,361 32,207 26,971 36,056 29,515 38,145 38,612 4.2 4.8 4.6 3.1 6.4 Douglas, NE ...................... Lancaster, N E .................... Clark, N V ............................ W ashoe, NV ...................... Hillsborough, NH ............... Rockingham, NH .............. Atlantic, NJ ......................... Bergen, N J .......................... Burlington, N J .................... Camden, N J ....................... 330,128 146,433 697,575 189.102 193,796 129,494 140,141 448,513 180,165 199,768 2.1 1.8 5.3 3.2 2.7 4.1 -.2 .5 .8 -1.1 157 180 15 73 105 35 294 268 248 307 32,356 28,511 32,131 32,748 39,212 35,823 31,068 46,306 37,597 35,130 4.1 3.9 3.4 4.4 9.1 9.8 3.4 7.0 4.7 Essex, NJ ........................... Gloucester, N J ................... Hudson, N J ........................ Mercer, N J .......................... Middlesex, N J .................... Monmouth, N J ................... Morris, NJ ........................... O cean, N J ........................... Passaic, N J ........................ S o m erset N J ..................... 363,942 86,667 238,388 210,031 392,427 233,285 275,499 129,093 177,364 173,571 1.6 .7 3.4 3.3 .6 2.5 2.8 2.5 .6 4.1 197 252 59 67 260 123 99 124 261 36 44,653 32,055 47,427 44,658 46,487 39,695 60,487 30,447 37,759 54,781 3.5 2.8 10.2 Union, N J ............................ Bernalillo, NM .................... Albany, N Y ......................... Bronx, N Y ........................... Broome, N Y ........................ Dutchess, N Y ..................... Erie, N Y .............................. Kings, N Y ............................ Monroe, NY ....................... N assau, N Y ....................... 237,176 307,705 230,962 212,982 99,613 109,949 459,828 441,916 399,602 598,538 2.2 2.6 1.4 2.2 1.2 1.9 1.0 2.3 .9 1.6 144 112 210 145 224 173 237 137 242 198 45,282 30,184 35,795 32,850 29,658 36,065 31,489 30,760 35,423 40,023 New York, N Y .................... Niagara, N Y ....................... Oneida, N Y ........................ Onondaga, N Y ................... Orange, N Y ........................ Queens, N Y ........................ Richmond, NY ................... Rockland, N Y ..................... Suffolk, N Y ......................... W estchester, N Y ................ 2,382,175 78,186 110,684 252,476 119,571 480,676 88,245 106,361 578,401 405,440 3.2 .2 1.4 .7 1.6 1.3 1.9 1.4 2.3 2.3 74 286 211 253 199 220 174 212 138 139 72,572 31,112 27,300 32,499 29,357 34,986 32,149 37,264 37,862 47,066 10.3 3.7 3.4 3.4 4.6 4.4 Buncombe, N C .................. Catawba, N C ..................... Cumberland, N C ................ Durham, N C ........................ Forsyth, NC ....................... Gaston, N C ........................ Guilford, N C ....................... Mecklenburg, N C ............... New Hanover, N C .............. Wake, N C ........................... 106,036 101,321 109,858 167,191 181,619 77,176 279,889 514,223 87,019 383,705 .5 2.6 1.2 2.9 1.8 -3.6 .6 3.8 .4 3.3 269 113 225 92 181 314 262 41 277 68 27,652 28,210 26,112 49,359 34,011 28,335 32,216 40,538 28,560 35,377 3.8 4.0 3.9 12.6 6.3 4.0 2.5 5.4 4.3 7.4 C ass, N D ............................ Butler, O H ........................... Cuyahoga, O H ................... Franklin, OH ...................... Hamilton, O H ..................... Lake, OH ............................ Lorain, OH .......................... Lucas, O H ........................... Mahoning, OH ................... Montgomery, OH ............... 81,823 126,189 817,572 701,913 566,965 102,320 105,988 238,450 112,531 303,352 2.2 2.6 .9 2.2 .8 1.5 2.3 .6 -.6 .4 146 114 243 147 249 202 140 263 300 278 27,801 31,502 36,520 34,970 37,598 30,735 32,013 32,255 25,966 34,532 Stark, O H ............................ Sum m it O H ....................... 175,535 266,001 1.7 .4 191 279 28,505 32,735 See footnotes at end of table. M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A v e ra g e a n n u a l p a y R anked by p erce n t change, 1999-20003 June 2002 32 62 3.8 5.6 4.1 32 52 5.8 5.4 19.0 4.6 2.0 5.1 4.9 4.1 6.1 2.7 3.6 22 3.0 3.7 1.8 4.4 42 4.3 6.6 8.3 4.1 1.7 42 4.6 3.9 2.1 1.9 2.3 3.0 2.6 2.1 42 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 21. Continued— Annual data: Employment and average annual pay for all workers covered under Ul and UCFE in the 316 largest U.S. counties E m p lo y m e n t C o u n ty 1 2000 Trumbull, OH ..................... Oklahoma, O K ................... Tulsa, O K ............................ Clackamas, OR ................. Lane, OR ............................ Marion, OR ........................ Multnomah, OR ................. Washington, OR ................ 94,382 414,239 340,671 133,065 139,710 127,558 453,274 224,033 Allegheny, P A .................... Berks, P A ............................ Bucks, P A ........................... Chester, P A ....................... Cumberland, P A ................ Dauphin, PA ...................... Delaware, P A ..................... Erie, PA .............................. Lackawanna, P A ............... Lancaster, P A .................... 711,068 168,068 244,317 216,777 123,998 172,465 212,540 131,700 98,383 218,280 Lehigh, P A ......................... Luzerne, P A ....................... Montgomery, P A ................ Northampton, P A .............. Philadelphia, P A ................ Westmoreland, P A ............ York, PA ............................. Providence, R l ................... Charleston, S C .................. Greenville, SC ................... 171,175 143,066 481,011 87,846 668,793 134,436 167,757 290,809 182,793 233,062 Horry, S C ............................ Lexington, S C .................... Richland, S C ...................... Spartanburg, S C ................ Minnehaha, S D .................. Davidson, T N ..................... Hamilton, T N ...................... Knox, T N ............................. Rutherford, T N ................... Shelby, T N .......................... 99,124 81,341 207,508 119,791 105,837 434,901 188,161 76,993 500,255 Bell, T X ............................... Bexar, T X ............................ Brazoria, T X ....................... Cameron, T X ..................... Collin, T X ............................ Dallas, TX ........................... Denton, TX ........................ El Paso, T X ........................ Fort Bend, T X .................... Galveston, T X .................... 87,850 648,942 75,417 109,115 167,956 1,567,626 119,722 251,557 87,763 86,844 Harris, TX ........................... Hidalgo, T X ........................ Jefferson, T X ..................... Lubbock, TX ...................... Mc Lennan, T X .................. Montgomery, T X ................ Nueces, T X ........................ Potter, TX ........................... Smith, T X ............................ Tarrant, TX ........................ 1,840,442 163,443 120,815 115,422 98,076 76,865 142,309 75,572 83,353 703,025 Travis, TX ........................... Williamson, T X ................... Davis, U T ............................ Salt Lake, U T ..................... Utah, U T ............................. Weber, U T .......................... Chittenden, V T ................... Arlington, V A ...................... Chesterfield, V A ................. Fairfax, V A _____________ 538,193 76,588 84,640 531,240 142,369 86,404 95,343 157,906 107,932 537,647 Henrico, VA ....................... Loudoun, V A ...................... Prince William, V A ............ Alexandria, V A ................... C hesapeake, V A ............... Newport News, VA ........... Norfolk, VA ........................ 165,617 87,265 78,209 91,818 81,294 93,607 145,197 2 0 2 ,6 8 8 P e rc e n t change, 1999-20002 -1.3 2.9 2.5 2 .2 1.1 2 .0 2.1 4.3 1.2 1 .8 2.5 2.5 -1.3 2.1 1.0 2.5 -.7 1.8 A v e ra g e a n n u a l pay Ranked by p erce n t change, 1999-20003 2000 P e rc e n t change, 1999-20002 311 93 125 148 233 166 158 27 32,785 29,216 31,157 32,482 27,877 28,116 36,796 44,459 226 182 126 127 312 159 238 128 303 183 36,727 32,007 34,059 43,762 32,811 33,680 36,828 28,368 27,663 30,809 2.5 3.3 3.4 6.9 3.2 22. 5.5 167 149 141 89 203 239 150 192 2.5 2.7 6.5 3.1 4.5 1.3 3.3 4.0 4.8 4.0 1 .0 4.6 3.7 4.0 3.5 2.9 6 .2 13.4 1 .8 7.5 4.6 2 .6 115 35,274 27,855 43,810 30,767 39,700 27,992 30,926 33,410 27,680 31,281 1.7 193 168 264 270 75 204 184 60 129 240 22,883 27,505 29,627 30,596 28,212 34,863 30,574 30,090 31,132 34,357 5.4 3.5 4.1 3.4 3.7 5.4 4.0 4.1 3.6 2.5 160 151 25,193 29,923 34,367 21,553 40,509 44,381 29,298 25,069 35,801 29,518 4.1 52 3.3 2 .0 2 .2 2.3 3.0 1.5 1.0 2 .2 1.7 1.3 2 .0 .6 .5 3.2 1.5 1 .8 3.4 2.5 1 .0 2.1 2 .2 2 .8 5.4 5.9 4.2 3.7 1.5 2.4 - 1 .0 221 100 11 10 30 47 205 133 306 2 .8 101 7.1 5 234 175 241 1.1 1.9 1 .0 5.0 21 .8 .7 250 254 2 .8 102 3.5 56 5.1 9.5 3.2 2 .6 4.5 .4 5.1 4.1 2.1 6.7 2.4 11.9 4.3 5.1 2.1 1 .8 .3 17 2 76 116 24 280 18 37 161 7 134 1 28 19 162 185 284 41,869 21,671 31,277 26,297 27,034 32,119 28,187 26,552 29,509 35,438 2 .6 5.8 7.7 4.0 32 5.1 4.0 7.7 2.7 .8 6.3 2.1 9.7 4.7 2 .8 3.6 5.0 41,332 50,415 27,711 32,192 27,891 26,644 34,288 52,846 31,880 51,576 7.0 -4.5 72 5.0 5.0 2.5 42 7.1 3.5 10.3 36,138 54,141 28,986 42,101 26,069 30,261 32,179 5.8 3.6 5.5 6.1 42 5.4 4.9 S ee footnotes at end of table. M onthly Labor Review Ju n e 2002 103 Current Labor Statistics: Labor Force D ata 21. Continued— Annual data: Employment and average annual pay for all workers covered under Ul and UCFE in the 316 largest U.S. counties E m p lo y m e n t C o u n ty 1 2000 A v e ra g e a n n u a l p a y P e rc e n t change, 1999-20002 R anked by p ercen t change, 1999-20003 P e rc e n t change, 1999-20002 Richmond, V A .................... Roanoke City, V A ............. Virginia Beach, VA............ 166,923 75,894 165,610 1.4 3.0 3.6 213 90 53 38,635 29,487 25,414 5.1 4.6 4.4 Clark, WA ........................... King, W A ............................. Pierce, W A ......................... Snohomish, W A ................. Spokane, W A ..................... Thurston, W A ..................... Yakima, W A ....................... Kanawha, W V .................... Brown, W l ........................... Dane, W l............................. 113,910 1,162,290 241,654 209,557 188,843 84,277 94,233 112,920 142,359 274,353 1.5 2.7 4.2 206 106 31 310 94 3.0 4.2 3.6 7.9 6.9 3.7 3.1 2.9 5.5 Milwaukee, Wl ................... Outagamie, W l................... Racine, W l......................... W aukesha, W l ................... Winnebago, W l.................. 528,837 94,364 79,160 222,877 90.256 .5 2.9 -.9 San Juan, PR .................... 327,187 1 .6 200 1.9 .7 176 255 163 117 32,163 47,459 29,854 35,091 29,760 31,745 23,237 30,156 31,538 32,817 1 .2 2 .2 271 95 305 227 152 34,744 30,769 32,536 35,767 33,622 5.2 2.7 3.8 42 21,312 3.5 - 1.2 2.9 2.1 2 .6 1 Includes areas not officially designated as counties. S ee Notes on Current Labor Statistics. 3 Rankings for percent change in employment are based on the 314 counties that are comparable over the year. 6 .0 3.1 4.4 -.6 4 Totals for the United States do not include d ata for Puerto Rico. 5 2 Percent changes were computed from annual employment and pay data adjusted for noneconomic county reclassifications. S ee Notes on Current Labor Statistics. 22. 2000 Data are not available for release. Note: Data pertain to workers covered by Unemployment Insurance (Ul) and Unemployment Compensation for Federal Employees (UCFE) programs. The 315 U.S. counties comprise 70.8 percent of the total covered workers in the United States Annual data: Employment status of the population [Numbers in thousands] 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Civilian noninstitutional population........... Civilian labor force.................................... Labor force participation rate............... Employment status 192,805 128,105 66.4 194,838 129,200 66.3 196,814 131,056 198,584 132,304 200,591 133,943 6 6 .6 6 6 .6 6 6 .8 203,133 136,297 67.1 205,220 137,673 67.1 207,753 139,368 67.1 209,699 140,863 67.2 211,864 141,815 66.9 Employed............................................. Employment-population ratio.......... Agriculture...................................... Nonagricultural industries............ 118,492 61.5 3,247 115,245 120,259 61.7 3,115 117,144 123,060 62.5 3,409 119,651 124,900 62.9 3,440 121,460 126,708 63.2 3,443 123,264 129,558 63.8 3,399 126,159 131,463 64.1 3,378 128,085 133,488 64.3 3,281 130,207 135,208 64.5 3,305 131,903 135,073 63.8 3,144 131,929 8,940 6.9 65,638 7,996 7,404 5.6 66,280 7,236 5.4 66,647 6,739 49 66,837 6 ,2 1 0 Not in the labor force................................ 9,613 7.5 64,700 5,880 4.2 68,385 5,655 4.0 68,836 6,742 4.8 70,050 104 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 6.1 65,758 4.5 67,547 23. Annual data: Employment levels by industry [In thousands] 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Total employment............................................ Private sector................................................ Goods-producing...................................... Mining...................................................... Construction........................................... Manufacturing......................................... 108,601 89,956 23,231 635 4,492 18,104 110,713 91,872 23,352 610 4,668 18,075 114,163 95,036 23,908 601 4,986 18,321 117,191 97,885 24,265 581 5,160 18,524 119,608 100,189 24,493 580 5,418 18,495 122,690 103,133 24,962 596 5,691 18,675 125,865 106,042 25,414 590 18,805 128,916 108,709 25,507 539 6,415 18,552 131,759 111,079 25,709 543 6,698 18,469 132,213 111,341 25,122 563 6,861 17,698 Service-producing..................................... Transportation and public utilities........ Wholesale trade..................................... Retail trade............................................. Finance, insurance, and real estate.... 85,370 5,718 5,997 19,356 6,602 29,052 87,361 5,811 5,981 19,773 6,757 30,197 90,256 5,984 6,162 20,507 6,896 31,579 92,925 6,132 6,378 21,187 6,806 33,117 95,115 6,253 6,482 21,597 6,911 34,454 97,727 6,408 6,648 21,966 7,109 36,040 100,451 6,611 6,800 22,295 7,389 37,533 103,409 6,834 6,911 22,848 7,555 39,055 106,050 7,019 7,024 23,307 7,560 40,460 107,092 7,070 7,014 23,488 7,624 41,024 18,645 2,969 4,408 11,267 18,841 2,915 4,488 11,438 19,128 2,870 4,576 11,682 19,305 2,822 4,635 11,849 19,419 2,757 4,606 12,056 19,557 2,699 4,582 12,276 19,823 20,206 2,669 4,709 12,829 20,681 2,777 4,785 13,119 20,873 2,616 4,880 13,377 Industry Federal................................................. Local..................................................... 6 ,0 2 0 2 ,6 8 6 4,612 12,525 NOTE: S ee "Notes on the data" for a description of the most recent benchmark revision. 24. Annual data: Average hours and earnings of production or nonsupervisory workers on nonfarm payrolls, by industry________________________________ _____ _______________________ Industry 1992 1993 1994 1995 1996 1997 1998 2000 1999 2001 P riv a te s e c to r: Average weekly hours.................................................. Average hourly earnings (in dollars)........................... Average weekly earnings (in dollars)......................... 385.86 34.5 11.43 394.34 34.4 11.82 406.61 34.6 12.28 424.89 34.6 12.78 442.19 34.5 13.24 456.78 34.5 13.75 474.38 34.2 14.33 490.09 44.3 14.60 646.78 44.8 14.88 666.62 44.7 15.30 683.91 45.3 15.62 707.59 45.4 16.15 733.21 43.9 16.91 742.35 43.2 17.05 736.56 43.1 17.24 743.04 43.4 17.65 766.01 38.0 14.15 537.70 38.5 14.38 553.63 38.9 14.73 573.00 38.9 15.09 587.00 39.0 15.47 603.33 39.0 16.04 625.56 38.9 16.61 646.13 39.1 17.19 672.13 39.3 17.88 702.68 39.2 18.33 718.54 41.0 11.46 469.86 41.4 11.74 486.04 42.0 12.07 506.94 41.6 12.37 514.59 41.6 12.77 531.23 42.0 13.17 553.14 41.7 13.49 562.53 41.7 13.90 579.63 41.6 14.38 598.21 40.7 14.84 603.99 38.3 13.43 514.37 39.3 13.55 532.52 39.7 13.78 547.07 39.4 14.13 556.72 39.6 14.45 572.22 39.7 14.92 592.32 39.5 15.31 604.75 38.7 15.69 607.20 38.6 16.22 626.09 38.1 16.89 643.51 38.2 11.39 435.10 38.2 11.74 448.47 38.4 12.06 463.10 38.3 12.43 476.07 38.3 12.87 492.92 38.4 13.45 516.48 38.3 14.07 538.88 38.3 14.58 558.80 38.5 15.20 585.20 38.2 15.80 603.56 28.8 7.12 205.06 28.8 7.29 209.95 28.9 7.49 216.46 28.8 7.69 221.47 28.8 7.99 230.11 28.9 8.33 240.74 29.0 8.74 253.46 29.0 9.09 263.61 28.9 9.46 273.39 28.8 9.82 282.82 35.8 10.82 387.36 35.8 11.35 406.33 35.8 11.83 423.51 35.9 12.32 442.29 35.9 12.80 459.52 36.1 13.34 481.57 36.4 14.07 512.15 36.2 14.62 529.24 36.3 15.07 547.04 36.3 15.83 574.63 32.5 10.54 342.55 32.5 10.78 350.35 32.5 11.04 358.80 32.4 11.39 369.04 32.4 11.79 382.00 32.6 12.28 400.33 32.6 12.84 418.58 32.6 13.37 435.86 32.7 13.91 454.86 32.7 14.61 477.75 34.4 10.57 363.61 34.5 10.83 373.64 43.9 14.54 638.31 34.7 1 1 .1 2 M in in g : Average weekly hours................................................ Average hourly earnings (in dollars)........................ C o n s t r u c t io n : Average weekly hours................................................ Average hourly earnings (in dollars)........................ Average weekly earnings (in dollars)...................... M a n u fa c t u rin g : Average weekly hours................................................ Average weekly earnings (in dollars)...................... T r a n s p o r t a t io n a n d p u b lic u tilitie s : Average weekly hours................................................ Average hourly earnings (in dollars)....................... Average weekly earnings (in dollars)...................... W h o le s a le tra d e: Average hourly earnings (in dollars)....................... Average weekly earnings (in dollars)...................... R e ta il tra d e : Average weekly hours................................................ Average hourly earnings (in dollars)........................ Average weekly earnings (in dollars)...................... F in a n c e , in s u r a n c e , a n d real e s ta te : Average weekly hours................................................ Average hourly earnings (in dollars)....................... S e r v ic e s : Average weekly hours................................................ Average hourly earnings (in dollars)....................... Average weekly earnings (in dollars)...................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review June 2002 105 Current Labor Statistics: 25. Com pensation & Industrial Relations Employment Cost Index, compensation,1by occupation and industry group [June 1989 = 100] 2000 2001 2002 Series Mar. Civilian workers2................................................. June Sept. Dec. Mar. June Sept. Dec. Mar. Percent change 3 12 months months ended ended Mar. 2002 146.5 148.0 149.5 150.6 152.5 153.8 155.6 156.8 158.4 1.0 3.9 148.4 146.7 150.5 148.6 142.7 146 0 149.9 148.3 151.9 150.1 144.1 147 1 151.5 150.0 153.7 151 8 145 6 148.5 152.5 151.3 154.4 153.2 156.0 154.3 158.9 157.5 160.5 158.5 1.0 .6 4.0 3.5 158.4 1.0 4.2 144.9 146.0 147.1 148.0 145.9 146.3 146.5 145.7 146.6 146.6 147.5 148.4 149.3 147.5 147.7 146.8 146.1 148.0 148.0 148.7 150.1 151.2 149.0 149.5 149 7 146.9 149.6 1.2 3.7 3.5 4.0 3.8 5.2 5.9 Excluding sales occupations.............................................. 146.8 146.5 148.5 148.2 Workers, by occupational group: White-collar w orkers.............................................................. Excluding sales occupations............................................ Professional specialty and technical occupations........... Executive, adminitrative, and managerial occupations.. S ales occupations................................................................ Administrative support occupations, including clerical... Blue-collar workers................................................................ Precision production, craft, and repair occupations....... Machine operators, assem blers, and inspectors............ Transportation and material moving occupations........... Handlers, equipment cleaners, helpers, and laborers.... 149.3 149.4 148.4 151.1 148.9 149.0 142.6 142.3 144.0 137.5 146.4 151.1 151.3 150.7 152.7 150.3 150.6 144.1 144.1 145.0 138.6 148.1 Service occupations............................................................... 143.9 Production and nonsupervisory occupations 4 .................. 145.3 Workers, by industry division: Goods-producing.................................................................... Excluding sales occupations......................................... White-collar occupations.................................................. Excluding sales occupations......................................... Blue-collar occupations..................................................... Construction.......................................................................... Manufacturing....................................................................... White-collar occupations.................................................. Excluding sales occupations......................................... Blue-collar occupations..................................................... Durables................................................................................. N ondurables.......................................................................... Service-producing.................................................................... Excluding sales occupations......................................... White-collar occupations................................................... Excluding sales occupations......................................... Blue-collar occupations..................................................... Service occupations........................................................... Transportation and public utilities...................................... Transportation..................................................................... Public utilities...................................................................... Communications............................................................. Electric, gas, and sanitary services............................. W holesale and retail trade.................................................. Excluding sales occupations......................................... Wholesale trade................................................................. Excluding sales occupations......................................... Retail trade.......................................................................... General merchandise stores.......................................... Food stores....................................................................... Workers, by occupational group: White-collar workers................................................................ Professional specialty and technical................................... Executive, adminltrative, and managerial.......................... Administrative support, Including clerical........................... Blue-collar workers.................................................................. Service occupations................................................................. 154 6 156 6 168 6 157.7 156.7 169 6 152.8 155 3 166 8 168 8 146 5 148 ? 150.0 152.0 14Q 3 153.3 155.0 ifin n 162 0 156.9 148.8 149.3 151.1 152.4 150.7 151.3 152.2 152.6 155.4 155.4 154.6 155.6 153.3 153.3 156.4 158.1 156.7 158.2 154.4 154.6 157.6 159.0 158.3 160.0 156.3 156.6 159.1 160.2 160.5 162.3 150 6 150.7 151.3 153.0 154.3 152.5 153.2 151 7 148.3 150.7 150.6 152.6 151.9 154.0 153.8 156.0 155.2 157.2 156.5 158.7 1.0 3.9 4.0 149.9 149.8 150.9 150.9 153.0 153.0 154.5 154.4 155.9 156.0 157.2 160.9 158.9 159.0 1.1 1.1 3.9 3.9 152.6 152.9 152.2 154.4 151.2 152.3 145.5 145.8 146.0 139.9 149.4 153.6 154.1 153.7 155.3 151.4 153.4 146 4 146.7 146.8 141.1 150.4 155.7 156.5 156.3 157.3 152.3 156.1 157.4 158.1 157.5 159.4 154.5 157.7 149 3 149.7 149.1 143.9 153.4 158.7 159.6 159.2 160.2 155.0 159.5 161 n 151.8 150.4 145.6 154.9 160.1 160.9 160.3 161.8 156.7 160.8 161 9 152.5 151.5 146.3 156.5 161.9 162.8 161.5 164.4 157.7 162.8 16 6 fi 153.7 153.6 148.7 158.7 1.1 4.0 4.0 3.3 4.5 3.5 4.3 145.4 146.6 148.1 150.0 151.3 152.6 154.8 146.9 148.4 149.5 151.4 152.7 154.3 155.5 144.8 144.2 148.1 146.5 142.8 140.8 146.0 148.2 146.2 144.4 146.5 144.9 146.6 145.9 150.1 148.4 144.4 143.2 147.5 150.2 148.2 145.6 148.3 146.0 147.9 147.2 151.3 149.6 145.8 145.1 148.7 151.4 149.3 146.7 149.4 147.5 148.8 148.2 151.9 150.5 146.8 146.7 149.3 151.5 149.7 147.8 150.1 147.7 150.7 150.1 154.5 153.0 148.2 148.2 151.3 154.2 152.2 149.1 151.8 150.4 152.1 151.5 156.5 155.0 149.3 150.3 152.6 156.0 154.0 150.0 153.1 151.6 153.1 152.5 156.8 155.3 150.8 151.7 152.2 156.0 153.8 151.3 154.0 152.0 154.4 153.7 158.1 156.5 151.9 153.0 154.6 156.9 154.5 152.7 155.3 153.2 156.2 155.5 160.1 158.4 153.6 154.1 156.6 159.1 156.7 154.6 156.9 156.0 147.4 147.7 149.3 150.3 141.8 143.6 143.9 140.4 148.6 148.4 148.9 145.6 146.4 150.0 149.6 143.2 139.7 140.1 149.1 149.4 151.0 152.1 143.1 145.1 145.7 141.8 150.9 150.9 151.0 147.3 148.1 151.8 151.1 144.8 141.0 142.5 150.6 151.1 152.6 153.9 144.5 146.3 147.4 142.8 153.5 153.9 152.9 148.3 149.6 152.1 152.7 146.2 142.2 143.4 151.7 152.2 153.7 155.1 145.3 147.9 148.3 143.9 154.1 154.7 153.4 149.4 150.6 154.4 154.9 146.6 144.4 144.5 153.8 154.6 155.8 157.5 147.7 149.6 150.5 145.4 157.3 158.3 156.0 151.0 152.6 155.1 156.9 148.7 147.3 146.1 155.3 156.0 157.4 159.1 148.7 150.8 152.4 146.9 159.8 161.1 158.1 152.6 153.9 157.8 158.5 149.7 149.4 148.2 156.9 157.8 159.0 160.9 150.9 152.2 153.5 148.2 160.7 162.8 158.1 153.7 155.4 158.6 160.0 150.9 149.7 149.7 158.2 159.0 160.3 162.2 151.0 154.2 155.5 151.1 161.5 163.4 159.1 155.5 159.9 160.9 162.1 164.1 153.2 155.9 157.3 152.5 163.9 166.0 161.3 156.5 Workers, by industry division: Goods-produclng...................................................................... Manufacturing......................................................................... Service-producing.................................................................... Services................................................................................... Health services..................................................................... Hospitals.............................................................................. Public administration 3 ............................................................. Nonmanufacturing.................................................................... Private industry workers........................................... S ee footnotes at end of table. 106 M o n th ly La b o r R eview https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 148 2 148.7 148.3 142.6 152.2 1.3 1.0 .8 1.4 1.4 162 2 - 159.5 160.6 153.2 150.9 151.7 .8 1.2 .7 1.6 .6 1.2 1.4 3.4 3.6 4.3 4.3 156.4 1.0 4.3 157.1 1.0 3.8 1.2 3.6 3.6 3.6 3.5 3.6 4.0 3.5 3.2 3.0 3.7 3.4 3.7 - 161.9 162.3 153.5 152.4 152.9 .8 1.4 1 .6 1.2 1.3 1.2 1.1 .7 1.3 1.4 1.3 1.2 1.0 1.8 1.1 1.2 1.1 1.2 1.2 1.1 1.2 .9 1.5 1 .6 1.4 .6 - 1.5 1.1 .2 1.0 .8 4.0 4.1 4.0 4.2 3.7 4.2 4.5 4.9 4.2 4.9 3.4 3.6 - 4.4 3.4 3.2 3.5 4.7 25. Continued— Employment Cost Index, compensation,1by occupation and industry group [June 1989 = 100] 2002 2001 2000 Series Mar. June Sept. Dec. Mar. June Sept. Dec. Mar. Percent change 12 3 months months ended ended Mar. 2002 Finance, insurance, and real e sta te.................................. 152.0 153.1 155.2 155.7 157.9 159.5 160.9 161,3 165.2 2.4 4.6 Excluding sales occupations......................................... Banking, savings and loan, and other credit agencies. Insurance............................................................................. Services................................................................................. 154.2 162.7 149.9 149.4 154.2 145.8 145.8 154.0 154.6 155.5 164.2 151.3 151.2 156.3 147.5 147.5 154.9 155.5 157.4 165.8 154.8 152.9 157.5 149.0 149.2 158.8 158.6 158.4 166.5 155.2 154.1 158.4 150.6 151.1 159.9 159.2 161.2 170.8 157.6 156.5 160.5 152.7 153.5 162.3 162.2 163.1 172.7 159.3 157.8 163.0 154.7 155.9 162.6 162.6 164.7 175.4 159.9 160.0 165.2 156.8 158.4 166.4 166.2 165.0 174.5 161.3 161.0 166.2 158.4 160.3 167.6 167.5 169.8 182.1 164.0 162.6 166.3 160.6 162.8 168.5 168.1 2.9 4.5 1.7 5.3 Health services................................................................... Hospitals........................................................................... Educational services......................................................... Colleges and universities............................................... 6 .6 1.4 4.1 3.9 3.6 5.2 1.6 6.1 .5 .4 3.8 3.6 1.0 .1 Nonmanufacturing............................................................... 146.7 148.4 156.3 157.5 159.1 148.1 150.7 159.0 160.9 150.2 152.1 159.3 162.2 164.2 152.2 155.9 4.0 155.8 157.5 146.9 149.5 157.6 160.5 162.3 150.6 154.1 1.1 151.0 152.0 142.3 145.1 151.1 153.7 155.1 144.8 147.8 154.7 149.2 150.2 140.6 143.5 150.0 152.6 153.8 143.9 146.3 153.1 White-collar workers.......................................................... Excluding sales occupations....................................... Blue-collar occupations..................................................... Service occupations.......................................................... 1.1 1.2 4.1 4.3 3.6 4.3 S ta te a n d lo c a l g o v e rn m e n t w o r k e r s ......................................... 145.5 145.9 147.8 148.9 150.3 151.2 154.3 155.2 156.1 .6 3.9 144.9 144.1 147.0 145.9 143.7 145.3 144.5 147.2 146.5 144.2 147.3 146.6 149.2 148.3 145.9 148.3 147.4 150.7 149.4 147.2 149.5 148.4 152.4 150.7 148.6 150.4 149.2 153.7 151.6 149.0 153.7 152.8 156.4 154.2 151.5 154.4 153.2 157.6 155.6 153.2 155.2 153.6 159.5 156.9 154.0 .5 .3 3.8 3.5 4.7 4.1 3.6 145.2 145.2 147.3 147.9 145.0 145.3 144.5 147.4 145.7 145.5 145.8 147.9 148.4 145.2 145.5 144.7 147.6 146.1 148.0 147.6 150.0 150.7 147.9 148.2 147.3 150.5 146.9 148.9 148.8 151.6 152.0 148.7 149.0 148.1 151.7 148.3 149.9 150.1 152.1 152.2 149.6 149.9 148.5 153.7 150.6 150.6 151.9 154.4 154.7 150.1 150.5 149.0 154.3 151.9 154.4 154.5 157.1 157.4 154.1 154.4 152.8 153.8 151.9 154.9 156.1 158.5 159.1 154.5 154.8 153.1 159.6 155.2 155.5 157.9 160.4 160.7 154.8 155.1 153.4 160.0 156.5 1.2 1.1 Workers, by occupational group: White-collar workers................................................................. Professional specialty and technical................................... Executive, administrative, and managerial......................... 1.2 .8 .5 Workers, by industry division: Services.................................................................................... 5 Services excluding schools ................................................ Health services................................................................... Hospitals........................................................................... Schools............................................................................. Elementary and secondary......................................... Colleges and universities............................................ Public administration 3 ............................................................. 1 Cost (cents per hour worked) m easured in the Employment Cost Index consists of w ages, salaries, and employer cost of employee benefits. Consists of private industry workers (excluding farm and household workers) and State and local government (excluding Federal Government) workers. 2 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 .4 1.2 1.1 1.0 .2 .2 .2 .3 .8 3.7 5.2 5.5 5.6 3.5 3.5 3.3 4.1 3.9 Consists of legislative, judicial, administrative, and regulatory activities. 4 This series has the sam e industry and occupational coverage a s the Hourly Earnings index, which w as discontinued in January 1989. 5 Includes, for example, library, social, and health services. M onthly Labor Review June 2002 107 Current Labor Statistics: 26. Com pensation & Industrial Relations Employment Cost Index, wages and salaries, by occupation and industry group [June 1989 = 100] 2000 2001 2002 Series Mar. C iv ilia n w o r k e r s 1................................................... June Sept. Dec. Mar. June Sept. Dec. Mar. Percent change 3 12 months months ended ended Mar. 2002 144.0 145.4 147.0 147.9 149.5 150.8 152.3 153.4 154.8 0.9 3.5 Workers, by occupational group: White-collar workers............................................................. Professional specialty and technical.................................. Executive, adminitrative, and managerial.......................... Administrative support, including clerical........................... Blue-collar w orkers.................................................................. Service occupations......................................................... 146.2 144.9 148.6 145.5 139.2 143.0 147.6 146.4 149.9 146.9 140.6 144.0 149.2 148.3 151.6 148.5 142.0 145.7 150.2 149.6 152.4 149.6 142.9 147.1 151.7 151.1 154.0 151.6 144.7 148.6 153.1 152.155.8 152,7 146.0 149.7 154.5 154.2 156.7 154.6 147.6 151.2 155.6 155.1 158.1 155.7 148.5 153.0 157.0 155.6 160.7 157.3 149.7 154.2 .9 .3 3.5 3.0 4.4 3.8 3.5 3.8 Workers, by industry division: Goods-producing.......................................................... Manufacturing................................................................ Service-producing................................................................ Services.................................................................................. Health services.................................................................... Hospitals............................................................... Educational services........................................................... 141.3 142.9 145.0 146.6 143.8 142.6 145.3 143.0 144.4 146.3 147.9 145.3 143.8 145.6 144.3 145.7 148.0 149.9 146.7 145.6 148.9 145.3 146.5 148.9 151.0 148.3 147.3 149.6 147.0 148.5 150.5 152.6 149.8 148.8 150.5 147,6 150.0 151.7 153.6 151.8 151.2 151.0 149.5 150.7 153.4 156.2 153.7 15.5 154.6 150.5 151.7 154.5 157.1 155.5 155.5 155.1 151.8 153.1 155.9 158.1 157.3 157.2 155.3 Public administration 2 ........................................................ Nonmanufacturing................................................................. 142.5 144.2 142.9 145.5 144.6 147.2 146.1 148.1 147.6 149.7 148.7 149.7 150.3 152.6 151.6 153.8 152.5 155.0 .8 P riv a te in d u s t r y w o r k e r s ............................................................ Excluding sales occupations.............................................. 143.9 143.5 145.4 145.1 146.8 146.5 147.7 147.6 149.4 149.5 150.9 150.8 152.1 152.2 153.3 153.3 154.7 154.9 1.0 Workers, by occupational group: White-collar workers............................................................... Excluding sales occupations............................................ Professional specialty and technical occupations........... Executive, adminitrative, and managerial occupations.. S ales occupations................................................................ Administrative support occupations, including clerical... Blue-collar workers................................................................ Precision production, craft, and repair occupations....... Machine operators, assem blers, and Inspectors............ Transportation and material moving occupations........... Handlers, equipment cleaners, helpers, and laborers.... 146.6 146.7 145.1 149.2 146.7 146.0 139.1 138.9 140.7 134.1 141.8 148.3 148.5 147.3 150.7 147.9 147.5 140.5 140.6 141.6 135.2 143.6 149.7 149.9 148.6 152.3 149.0 149.1 141.9 142.0 142.9 136.5 145.0 150.6 151.1 150.2 153.0 148.7 150.1 142.8 142.8 143.7 137.6 146.2 152.3 153.0 152.1 154.7 149.2 152.3 144.6 144.6 145.6 139.5 148.0 153.8 154.4 153.2 156.5 151.5 153.6 145.9 145.7 146.9 140.7 149.8 154.8 155.7 154.8 157.2 151.2 155.3 147.5 147.7 148.1 142.1 151.0 156.1 156.9 155.9 158.6 152.6 156.5 148.3 148,4 149.0 142.8 152.4 157.7 158.6 156.7 161.3 153.6 158.2 149.6 149.2 150.5 144.8 154.2 1.6 1.0 .8 .8 .9 .9 .9 .6 1.2 1.1 .1 .6 .9 1.0 1.1 .5 1.7 .7 1.1 .9 .5 1.0 1.4 1.2 3.3 3.1 3.6 3.6 5.0 5.6 3.2 3.3 3.5 3.5 3.6 3.5 3.7 3.0 4.3 2.9 3.9 3.5 3.2 3.4 3.8 4.2 Service occupations............................................................... 141.0 142.5 143.5 144.9 146.4 147.5 148.7 150.6 152.0 .9 3.8 Production and nonsupervisory occupations 3 .................. 142.1 143.7 145.0 146.0 147.7 149.0 150.3 151.5 152.7 .8 3.4 Workers, by industry division: Goods-producing.................................................................... Excluding sales occupations......................................... White-collar occupations................................................... Excluding sales occupations......................................... Blue-collar occupations.................................................... Construction......................................................................... Manufacturing....................................................................... White-collar occupations................................................... Excluding sales occupations......................................... Blue-collar occupations..................................................... D urables...................................................................... Nondurables...................................................................... 141.3 140.5 145.0 143.2 139.0 136.0 142.9 145.8 143.7 140.8 143.0 142.7 143.0 142.1 146.8 144.9 140.5 138.0 144.4 147.7 145.6 142.0 144.7 143.9 144.3 143.4 147.9 146.0 142.0 139.4 145.7 148.7 146.6 143.4 146.1 145.0 145.2 144.6 148.7 147.2 143.1 140.7 146.5 149.2 147.5 144.6 147.3 145.4 147.0 146.3 150.5 148.9 144.7 142.1 148.5 151.1 149.9 146.4 149.0 147.5 148.6 147.8 152.3 150.5 146.1 143.9 150.0 152.7 150.5 147.8 150.5 149.0 149.5 148.7 152.6 150.8 147.4 145.1 150.7 152.8 150.5 149.1 151.5 149.3 150.5 149.7 153.6 151.7 148.4 146.3 151.7 153.3 151.0 150.3 151.7 153.9 151.7 150.9 155.0 152.9 149.6 147.0 153.1 154.9 152.3 151.7 153.9 151.9 .8 3.2 3.1 3.0 2.7 3.4 3.4 3.1 2.5 Service-producing.......................................... Excluding sales occupations......................................... White-collar occupations................................................... Excluding sales occupations......................................... Blue-collar occupations..................................................... Service occupations........................................................... Transportation and public utilities...................................... Transportation................................................................. Public utilities............................................................... Communications................................................... Electric, gas, and sanitary services............................. W holesale and retail trade................................................. Excluding sales occupations......................................... Wholesale trade................................................................. Excluding sales occupations......................................... Retail trade....................................................................... G eneral merchandise stores.......................................... Food stores....................................................................... 145.0 145.3 146.9 147.8 139.1 141.1 138.5 134.9 143.2 143.4 143.0 143.8 145.2 147.4 147.9 142.1 137.8 136.7 146.5 146.9 148.5 149.6 140.3 142.5 140.0 136.2 144.9 145.0 144.7 145.5 146.8 149.4 149.7 143.5 138.5 139.5 147.9 148.3 150.0 151.2 141.6 143.5 141.3 137.4 146.4 146.7 145.9 146.4 148.2 149.6 151.3 144.8 139.7 140.2 148.9 149.4 150.9 152.3 142.2 144.8 142.3 138.6 147.1 147.4 146.6 147.4 149.0 151.6 153.2 145.2 142.2 141.6 150.5 151.3 152.5 154.3 144.3 146.1 143.7 139.8 148.7 149.2 148.1 148.4 150.7 151.6 154.9 146.9 143.8 143.3 151.9 152.6 154.0 155.6 145.3 147.2 145.7 141.6 151.0 151.8 149.9 150.1 151.9 154.5 156.5 147.8 145.5 144.5 153.2 154.2 155.2 157.2 147.5 148.4 146.7 142.6 152.0 153.3 150.4 150.6 153.1 154.1 157.4 148.8 145.7 145.7 151.9 156.1 157.2 158.2 148.1 149.4 149.2 145.7 153.6 155.2 151.7 152.1 156.1 157.2 158.2 160.4 149.4 151.6 150.5 147.4 154.3 155.3 153.0 153.0 154.8 157.9 150.7 146.5 146.7 157.2 159.4 150.9 147.9 148.0 S ee footnotes at end of table. 108 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 _ _ .8 .9 .8 .8 .5 .9 1.0 .9 .9 .9 1.1 1.0 1.1 1.1 1.1 .9 .9 .9 1.2 .5 .1 .9 .6 1.6 .9 .1 1.0 .9 2.1 3.6 3.3 3.0 3.7 3.9 3.7 4.0 3.5 3.8 4.7 5.4 3.8 4.1 3.3 3.1 3.7 2.9 2.7 2.9 3.3 26. Continued— Employment Cost Index, wages and salaries, by occupation and industry group Series Mar. June 2002 2001 2000 Sept. Dec. Mar. Sept. June Dec. Mar. Percent change 12 3 months months ended ended Mar. 2002 Finance, insurance, and real esta te .................................. Excluding sales occupations......................................... Banking, savings and loan, and other credit agencies. Insurance............................................................................. Services.................................................................................. Business services............................................................... Health services................................................................... Hospitals........................................................................... Educational services.......................................................... Colleges and universities................................................ 148.7 150.2 162.0 145.5 147.4 152.0 143.5 141.8 148.9 148.9 149.5 151.5 163.3 146.6 149.1 154.1 145.3 143.3 149.6 149.4 151.7 153.3 165.0 150.7 150.6 155.3 146.6 144.9 153.4 152.5 151.7 154.1 165.7 150.8 151.8 156.0 148.1 146.8 154.3 152.9 153.9 156.6 169.4 152.4 153.8 158.2 149.8 148.5 155.4 154.1 154.6 157.6 170.8 153.3 155.0 160.8 151.8 151.0 156.1 155.0 155.8 159.1 173.2 153.6 157.1 162.8 153.6 153.3 159.6 158.4 156.0 159.1 171.7 155.0 158.2 163.7 155.4 155.4 160.5 159.6 160.3 164.5 181.2 157.1 159.5 164.0 157.3 157.1 161.2 159.9 Nonmanufacturing................................................................ White-collar workers.......................................................... Excluding sales occupations........................................ Blue-collar occupations..................................................... Service occupations.......................................................... 143.9 146.5 147.4 137.4 140.9 145.5 148.2 149.1 138.9 142.4 146.9 149.6 150.7 140.3 143.4 147.9 150.6 151.9 140.9 144.7 149.5 152.3 153.9 142.8 146.0 150.9 153.8 155.3 143.9 147.1 152.2 155.0 156.9 145.8 148.2 153.5 156.4 158.3 146.4 150.1 155.0 158.0 160.1 147.5 151.4 S ta te a n d lo c a l g o v e rn m e n t w o r k e r s ........................................ 144.3 144.7 147.2 148.3 150.2 151.2 154.3 155.2 156.1 144.1 144.3 144.9 142.4 141.5 144.5 144.7 145.1 143.0 142.1 147.1 147.4 147.3 145.0 143.9 148.0 148.2 148.8 146.2 145.1 149.0 149.1 150.1 147.0 146.0 149.8 149.8 151.5 147.6 146.5 152.7 153.0 153.9 149.8 149.1 153.3 153.4 155.1 150.9 150.8 153.9 153.6 156.6 151.9 151.6 144.6 144.9 147.9 148.7 149.5 150.2 153.7 154.2 154.9 155.8 155.7 154.0 154.1 153.1 156.7 Workers, by occupational group. White-collar workers................................................................. Professional specialty and technical................................... Executive, administrative, and managerial........................ Workers, by industry division: 4 Services excluding schools ................................................ Health services.................................................................. Elementary and secondary......................................... Colleges and universities........................................... 144.3 145.3 145.3 144.5 144.7 144.5 144.9 146.7 147.7 147.7 148.0 148.1 147.9 148.3 144.8 145.7 145.6 144.8 144.9 144.6 145.6 147.9 149.3 149.2 148.7 148.9 148.5 149.5 149.1 149.9 149.5 149.5 149.7 149.0 151.4 153.2 154.2 154.2 153.6 153.8 152.8 156.5 150.7 151.9 151.8 150.0 150.2 149.5 151.8 2 .8 3.4 5.5 1.4 .8 .2 1 .2 1.1 .4 .2 4.2 5.0 7.0 3.1 3.7 3.7 5.0 5.8 3.7 3.8 .9 3.7 3.7 4.0 3.3 3.7 .5 3.4 .4 .7 .5 3.3 3.0 4.3 3.3 3.8 154.6 .3 3.4 156.7 157.8 157.7 154.2 154.3 153.4 156.8 1 .2 5.1 5.3 5.5 3.1 3.1 3.0 3.6 1.0 1.0 1.1 .8 .1 1 .0 1.3 1.3 .1 .1 .2 .1 2 3.3 .6 152.5 151.6 148.7 150.3 147.6 146.1 144.6 142.9 Public administration ............................................................ 142.5 1 Consists of private industry workers (excluding farm and household workers) and a This series has the sam e industry and occupational coverage a s the Hourly State and local government (excluding Federal Government) workers. Earnings index, which w as discontinued in January 1989. 4 Includes, for example, library, social, and health services. 2 Consists of legislative, judicial, administrative, and regulatory activities. 27. Employment Cost Index, benefits, private industry workers by occupation and industry group [June 1989 = 100] Series Mar. P riv a te in d u s t r y w o r k e r s ................................................................ Workers, by occupational group: White-collar workers................................................................. Workers, by industry division: Goods-producing...................................................................... Service-producing..................................................................... Nonmanufacturing.................................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 2001 2000 Sept. Dec. Mar. June Sept. Dec. Mar. Percent change 12 3 months months ended ended Mar. 2002 153.8 155.7 157.5 158.6 161.5 163.2 165.2 166.7 169.3 1.6 4.8 156.3 150.0 158.5 151.6 160.4 153.1 161.5 154.1 165.2 155.7 167.4 156.7 169.5 158.3 171.2 159.2 173.5 162.2 1.3 1.9 5.0 4.2 152.3 154.0 152.3 154.0 154.2 156.0 153.9 156.1 155.7 157.9 154.9 158.1 156.2 159.4 154.8 159.7 158.5 162.6 157.1 162.9 159.6 164.6 157.9 164.9 160.8 167.1 158.5 167.4 162.6 168.4 160.4 168.6 165.8 170.7 163.7 171.1 2 .0 4.6 5.0 4.2 5.0 M onthly Labor Review 1.4 2.1 1.4 June 2002 109 Current Labor Statistics: 28. Com pensation & Industrial Relations Employment Cost Index, private nonfarm workers by bargaining status, region, and area size [June 1989 = 100] 2000 2001 2002 Series Mar. June Sept. Dec. Mar. June Sept. Dec. Mar. Percent change 3 12 months months ended ended Mar. 2002 COMPENSATION W orkers, by bargaining s ta tu s 1 Union................................................................ Goods-producing............................................................... Service-producing........................................................ Manufacturing........................................................ Nonmanufacturing......................................................... 143.0 143.3 142.5 144.5 141.7 144.4 144.8 143.9 145.4 143.4 146.1 146.8 145.2 147.1 145.0 146.9 147.3 146.4 147.4 146.2 147.9 147.9 147.6 147.9 147.3 149.5 149.3 149.5 148.8 149.4 151.0 150.6 151.2 149.9 151.1 153.1 151.6 154.2 151.4 153.5 154.8 153.4 156.0 153.4 155.0 Nonunion................................................................... Goods-producing.............................................................. Service-producing............................................................. Manufacturing.......................................................... Nonmanufacturing......................................................... 147.4 145.4 148.0 146.5 147.4 149.1 147.2 149.6 148.2 149.1 150.6 148.4 151.2 149.2 150.7 151.6 149.3 152.3 149.9 151.8 153.8 151.6 154.4 152.4 153.9 155.3 153.1 155.9 153.7 155.4 156.7 154.0 157.5 154.4 157.0 157.8 155.3 158.6 155.5 158.2 159.6 157.2 160.3 157.6 159.9 146.3 145.0 148.9 147.0 147.6 146.7 150.7 148.8 149.3 147.6 152.2 150.8 150.3 148.6 153.3 151.8 151.6 151.1 154.8 154.3 153.7 152.3 156.0 156.0 155.2 153.5 157.4 157.6 156.3 154.6 158.6 159.4 158.3 156.2 161.1 160.4 146.9 146.0 148.6 147.7 150.1 148.8 151.0 150.3 153.1 152.1 154.6 153.7 156.0 154.8 157.4 155.6 159.1 157.5 Union................................................................................... Goods-producing............................................................... Service-producing..................................................................... Manufacturing..................................................................... Nonmanufacturing...................................................................... 137.2 137.2 137.6 138.8 136.4 138.5 138.4 138.9 139.7 137.8 140.0 140.2 140.1 141.4 139.2 141.2 141.3 141.5 142.6 140.4 142.1 142.4 142.2 143.9 141.1 143.7 144.2 143.7 145.5 142.7 145.1 145.3 145.4 146.7 144.3 147.4 146.3 148.9 148.0 147.1 148.4 147.2 150.0 149.0 148.1 Nonunion.................................................................................. Goods-producing........................................................................ Service-producing........................................................... Manufacturing.............................................................. Nonmanufacturing................................................................. 145.1 142.9 145.8 144.4 145.0 146.7 144.7 147.3 146.1 146.6 148.1 145.8 148.7 147.2 148.0 149.0 146.8 149.6 148.0 148.9 150.8 148.8 151.4 150.1 150.7 152.2 150.3 152.7 151.6 152.0 153.4 151.1 154.1 152.2 153.3 154.4 152.1 155.1 153.1 154.4 155.9 153.5 156.7 154.7 155.9 142.3 143.0 145.3 144.7 143.7 144.6 147.1 146.3 145.3 145.3 148.6 148.2 146.0 146.3 149.6 149.2 147.3 148.3 150.9 151.3 149.2 149.3 152.3 152.9 150.6 150.2 153.6 154.3 151.7 151.2 154.7 156.0 153.5 152.5 157.1 156.4 144.1 142.2 145.7 143.7 147.1 144.7 148.0 146.0 149.8 147.4 151.2 148.8 152.4 149.7 153.7 150.5 155.1 151.7 1.1 1.1 1.2 1.3 1.0 1.1 1.2 1.1 1.4 1.1 4.7 3.7 5.7 3.7 5.2 3.8 3.7 3.8 3.4 3.9 W orkers, by reg io n 1 Northeast........................................................................ South..................................................................... Midwest (formerly North Central)............................................... W est................................................................. 1.3 1.0 1 .6 .6 4.4 3.4 4.1 4.0 W orkers, by a rea siz e 1 Metropolitan are a s..................................................................... Other a re a s ................................................................. 1.1 1.2 3.9 3.6 WAGES AND SALARIES W orkers, by bargaining s ta tu s 1 .7 .6 .7 .7 .7 1.0 .9 1.0 1.0 1.0 4.4 3.4 5.5 3.5 5.0 3.4 3.2 3.5 3.1 3.5 W orkers, by reg io n 1 Northeast.............................................................................. South................................................................... Midwest (formerly North Central)................................................ W est........................................................................... 1.2 4.2 .9 2 .8 1 .6 4.1 3.4 .3 W orkers, by a rea siz e 1 Metropolitan are a s........................................................... Other are a s....................................................................... .9 .8 3.5 2.9 The indexes are calculated differently from those for the occupation and industry groups. For a detailed description of the index calculation, s e e the Monthly Labor Review Technical Note, "Estimation procedures for the Employment Cost Index," May 1982. no M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 29. Percent of full-time employees participating in employer-provided benefit plans, and in selected features within plans, medium and large private establishments, selected years, 1980-97 Item 1980 Scope of survey (in 000's)............ Number of employees (in 000’s): With medical care....................... With life insurance...................... With defined benefit plan........... 1982 1984 1986 1988 1989 1991 1993 1995 1997 21,352 21,043 21,013 21,303 31,059 32,428 31,163 28,728 33,374 38,409 20,711 20,496 17,936 20,412 2 0,201 17,676 20,383 20,172 17,231 20,238 20,451 16,190 27,953 28,574 19,567 29,834 30,482 20,430 25,865 29,293 18,386 23,519 26,175 16,015 25,546 29,078 17,417 29,340 33,495 19,202 9 25 76 25 9 26 73 26 10 11 10 8 27 72 26 99 9.8 23 3.6 99 26 71 26 84 3.3 97 9.2 30 67 28 80 3.3 92 9 29 - 80 3.3 89 9.1 81 3.7 89 9.3 22 21 21 22 20 100 29 72 26 85 3.2 96 9.4 24 3.3 98 3.1 97 3.3 96 3.1 97 3.3 96 3.5 95 69 33 16 68 67 37 26 65 60 53 58 56 37 18 Time-off plans Participants with: Paid lunch time............................... Average minutes per day............ Paid rest time.................................. Average minutes per day............ Paid funeral leave.......................... Average days per occurrence.... Paid holidays................................... Average days per year................. 10 . 75 . - Paid personal leave....................... Average days per year................. Paid vacations................................. Paid sick leave ' .............................. Unpaid maternity leave.................. Unpaid paternity leave................... Unpaid family le a v e ....................... 99 99 10.1 1 0.0 20 24 3.8 99 67 100 62 88 3.2 99 1 0.0 25 3.7 67 10.2 68 26 83 3.0 91 9.4 - - - - 70 - - - - - - - - 84 93 97 97 95 90 92 83 82 77 76 - - 8 70 18 76 79 28 75 80 28 81 80 30 86 62 46 62 66 58 82 42 78 73 56 85 78 63 43 $12.80 63 $41.40 44 $19.29 64 $60.07 47 $25.31 61 $31.55 76 $107.42 67 $33.92 78 $118.33 69 $39.14 80 $130.07 ■■ - Insurance plans Participants in medical care plans................ Percent of participants with coverage for: Home health care....................................... Extended care facilities............................. Physical exam............................................ Percent of participants with employee contribution required for: Self coverage......................................... Average monthly contribution............ Family coverage.................................... Average monthly contribution............ Participants in life insurance plans..................... Percent of participants with: Accidental death and dismemberment insurance......................................................... Survivor income benefits.................................. Retiree protection available............................ . Participants in long-term disability insurance plans................................................. Participants in sickness and accident insurance plans.................................................. Participants in short-term disability plans ’........ 97 26 27 - - 46 51 - - 36 $11.93 58 $35.93 $72.10 51 $26.60 69 $96.97 96 96 96 96 92 94 94 91 87 87 69 - 72 64 74 64 72 78 59 49 6 44 76 5 41 77 7 37 74 8 71 7 42 71 10 33 40 43 47 48 42 45 40 41 42 43 54 51 51 49 46 43 45 44 - - - - - - - - 53 55 84 84 82 76 63 63 59 56 52 50 55 98 63 97 47 54 56 64 98 35 57 62 59 98 26 55 62 62 97 64 63 61 48 52 96 4 58 51 52 95 22 55 98 7 56 54 52 95 53 45 58 97 52 45 - - - 60 45 48 48 49 55 57 - - - 33 36 41 44 43 54 55 _ _ _ 2 5 12 12 12 9 23 10 5 36 52 38 5 13 32 7 66 6 Retirement plans Participants in defined benefit pension plans... Percent of participants with: Normal retirement prior to age 65.................. Early retirement available............................... Ad hoc pension increase in last 5 years........ Terminal earnings formula.............................. Benefit coordinated with Social Security........ Participants in defined contribution plans.......... Participants in plans with tax-deferred savings arrangements..................................................... 6 10 56 49 Other benefits Employees eligible for: Flexible benefits plans................... Reimbursement accounts 2........... Premium conversion plans.. "T The definitions for paid sick leave and short-term disability (previously sickness and accident insurance) were changed for the 1995 survey. Paid sick leave now includes only plans that specify either a maximum number of days per year or unlimited days. Shortterms disability now includes all insured, self-insured, and State-mandated plans available on a per-disability basis, as well as the unfunded per-disability plans previously reported as sick leave. Sickness and accident insurance, reported in years prior to this survey, included only insured, self-insured, and State-mandated plans providing per-disability bene https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis fits at less than full pay. Prior to 1995, reimbursement accounts included premium conversion plans, which specifically allow medical plan participants to pay required plan premiums with pretax dollars. Also, reimbursement accounts that were part of flexible benefit plans were tabulated separately. 2 NOTE: Dash indicates data not available. M onthly Labor Review June 2002 111 Current Labor Statistics: Com pensation & Industrial Relations 30. Percent of full-time employees participating in employer-provided benefit plans, and in selected features within plans, small private establishments and State and local governments, 1987,1990,1992, 1994, and 1996 Small private establishments Item 1990 1992 1994 State and local governments 1996 1987 1990 1992 1994 Scope of survey (in 000's)............................... Number of employees (in 000’s): With medical care......................................... With life insurance......................................... With defined benefit plan.............................. 32,466 34,360 35,910 39,816 10,321 12,972 12,466 12,907 22,402 20,778 6,493 24,396 21,990 7,559 23,536 21,955 5,480 25,599 24,635 5,883 9,599 8,773 9,599 12,064 11,415 11,675 11,219 11,095 10,845 11,192 11,194 11,708 Time-off plans Participants with: Paid lunch time............................................... Average minutes per day............................. Paid rest time.................................................. Average minutes per day............................. Paid funeral leave........................................... Average days per occurrence..................... Paid holidays................................................... 37 48 27 47 2.9 84 17 34 58 29 56 3.7 81 36 56 29 63 3.7 74 34 53 29 65 3.7 75 Average days per year1................................ Paid personal leave........................................ Average days per year................................. Paid vacations................................................. 11 2.8 88 12 2.6 88 2.6 88 Paid sick leave2............................................. 47 53 50 Unpaid leave.................................................... Unpaid paternity leave................................... Unpaid family leave........................................ 17 _ “ 18 7 - 47 8 9.5 8 9 37 49 26 50 3.0 82 9.2 _ _ _ 11 10 _ 50 3.1 82 51 3.0 80 7.5 13 7.6 14 3.0 86 10.9 38 2.7 72 13.6 39 2.9 67 14.2 38 2.9 67 11.5 38 3.0 50 97 95 95 94 48 57 30 “ 51 33 - 59 44 - 93 66 64 93 93 90 87 _ _ 82 79 36 87 84 47 84 81 55 - _ _ 62 3.7 73 66 _ - Insurance plans Participants in medical care plans................... Percent of participants with coverage for: Home health care.......................................... Extended care facilities................................. Physical exam................................................ 69 71 79 83 26 80 84 28 - _ - - 76 78 36 Percent of participants with employee contribution required for: Self coverage................................................. Average monthly contribution.................... Family coverage............................................ Average monthly contribution.................... 42 $25.13 67 $109.34 47 $36.51 73 $150.54 52 $40.97 76 $159.63 52 $42.63 75 $181.53 35 $15.74 71 $71.89 38 $25.53 65 $117.59 43 $28.97 72 $139.23 47 $30.20 71 $149.70 64 64 61 62 85 88 89 87 79 77 67 67 74 64 13 55 45 46 46 22 31 27 28 30 14 21 22 21 15 93 90 87 91 47 92 92 90 33 88 89 92 89 92 87 13 99 49 Participants in life insurance plans................... Percent of participants with: Accidental death and dismemberment insurance...................................................... Survivor income benefits................................ Retiree protection available........................... Participants in long-term disability insurance plans............................................... Participants in sickness and accident insurance plans................................................ Participants in short-term disability plans 2...... Retirement plans Participants in defined benefit pension plans.. Percent of participants with: Normal retirement prior to age 65................. Early retirement available.............................. Ad hoc pension increase in last 5 years...... Terminal earnings formula......................... Benefit coordinated with Social Security...... Participants in defined contribution plans......... Participants in plans with tax-deferred savings arrangements................................................... 78 76 19 25 2 20 19 23 20 1 1 6 26 26 - - - 20 22 15 _ 1 1 1 1 2 29 54 95 7 58 49 50 95 4 54 46 31 33 34 38 9 9 9 9 17 24 23 28 28 45 45 24 1 8 2 3 19 4 14 12 5 5 5 31 5 50 5 64 - - _ 53 44 100 18 16 100 8 10 100 10 Other benefits Employees eligible for: Flexible benefits plans...................................... Reimbursement accounts3............................. Premium conversion plans ............................. -I 1 Methods used to calculate the average number of paid holidays were revised in 1994 to count partial days more precisely. Average holidays for 1994 are not comparable with those reported in 1990 and 1992. 2 The definitions for paid sick leave and short-term disability (previously sickness and accident insurance) were changed for the 1996 survey. Paid sick leave now includes only plans that specify either a maximum number of days per year or unlimited days. Short-term disability now includes all insured, selfinsured, and State-mandated plans available on a per-disability basis, as well as the unfunded per-disability plans previously reported as sick leave. 112 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 7 Sickness and accident insurance, reported in years prior to this survey, included only insured, self-insured, and State-mandated plans providing perdisability benefits at less than full pay. 3 Prior to 1996, reimbursement accounts included premium conversion plans, which specifically allow medical plan participants to pay required plan premiums with pretax dollars. Also, reimbursement accounts that were part of flexible benefit plans were tabulated separately. NOTE: D ash indicates data not available. 31. Work stoppages involving 1,000 workers or more Measure Annual totals 2000 2000 Dec. 2001 Number of stoppages: Beginning in period.............................. In effect during period.......................... 39 40 29 30 Workers involved: Beginning in period (in thousands)..... In effect during period (in thousands). 394 397 102 Days idle: Number (in thousands)........................ 20,419 99 1,151 .00 2001 Jan.p 0 3 8.7 10.3 58.9 Feb.p Mar.p Apr.p May13 Junep 1 2 1 1 3 4 4 5 2.0 1.2 1.2 7.8 9.0 19.4 20.7 23.4 4.7 9.0 33.4 230.5 201.6 73.2 4.7 37.1 3.6 7 8 22.1 Julyp 2 Aug.p Sept.p Oct.p Nov.p Dec.p 3 4 2 1 3 4 0 1 2 2 3.3 5.8 6.9 3.0 4.1 24.9 29.0 .0 1.6 6.0 6.0 62.1 71.5 55.7 316.4 11.2 3 5 3 2.2 55.0 .01 .01 .01 (2) (2) (2) (2) (2) (2> Cl Cl ' Agricultural and government employees are Included in the total employed and total working time; private household, forestry, and fishery employees are excluded. An explanation of the measurement of idleness a s a percentage of the total time worked is found in " Total economy’ measures of strike idleness," Monthly Labor Review, October 1968, pp. 54-56. 2 Less than 0.005. Percent of estimated workina time1.... .06 ___ a ___ fl ___ ___ p = preliminary. NOTE: Dash indicates data not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review June 2002 113 Current Labor Statistics: Price D ata 32. Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group [1982-84 = 100, unless otherwise indicated] Series 2000 2001 2002 2001 Annual average Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. C O N S U M E R P R IC E INDEX FO R A L L URBAN CO N SU M ERS 176.9 529.9 172.4 171.9 172.2 192.5 160.7 177.7 532.2 172.9 172.5 172.8 193.2 160.8 178.0 533.3 173.4 173.0 173.3 194.2 161.7 177.5 531.6 174.0 173.5 173.9 194.9 162.3 177.5 531.8 174.4 173.9 174.2 195.9 162.4 212.2 163.4 213.3 164.7 213.1 211.8 166.9 168.3 210.7 168.9 208.8 137.8 155.6 154.0 147.4 172.2 139.2 159.6 155.7 155.7 176.0 138.9 157.6 154.0 151.5 174.4 138.1 159.6 155.8 154.7 176.4 138.6 159.5 155.7 156.7 175.7 138.9 160.4 156.1 157.8 176.8 107.5 108.9 108.5 108.8 107.7 109.6 169.0 109.0 174.7 173.9 113.4 179.3 176.4 172.7 173.1 112.4 178.5 173.6 All items....................................................................... All Items (1967- 100)................................................ Food and beverages................................................. Food.......................................................................... Food at home......................................................... Cereals and bakery products............................... Meats, poultry, fish, and eggs.............................. 172.2 515.8 168.4 167.8 167.9 188.3 154.5 Dairy and related products1................................. Fruits and vegetables.......................................... Nonalcoholic beverages and beverage materials............................................................ Other foods at home............................................ Sugar and sweets.............................................. Fats and oils....................................................... Other foods......................................................... 160.7 204.6 Other miscellaneous foods1,2......................... Food away from home1.......................................... Other food away from home1,2........................... Alcoholic beverages................................................ Housing...................................................................... Rent of primary residence................................... Lodging away from home.................................... Owners’ equivalent rent of primary residence3.... Tenants’ and household insurance1,2................. Fuels and utilities................................................ Fuels................................................................... 169.6 193.4 183.9 117.5 198.7 212.1 169.4 170.8 213.5 140.0 161.0 156.1 158.5 177.6 139.2 160.2 156.6 158.5 176.2 139.9 160.9 156.4 159.5 177.0 179.1 174.1 113.8 179.7 109.5 174.7 114.3 180.0 108.9 175.1 115.3 180.4 177.6 201.4 192.3 124.0 206.3 178.0 202.4 193.1 125.2 207.3 108.9 175.6 115.4 180.8 176.7 202.4 194.7 114.5 209.0 106.6 152.7 138.0 112.6 204.9 105.5 149.7 135.1 134.4 141.6 129.1 131.9 128.2 127.0 106.8 151.3 136.8 131.9 143.8 128.9 129.8 129.1 122.3 107.0 155.7 141.6 129.6 149.4 129.2 126.3 125.8 117.5 106.6 154.8 140.5 123.8 148.6 129.2 111.6 112.1 131.4 124.9 156.1 152.1 130.6 124.4 159.2 155.3 127.3 158.3 154.0 124.5 121.3 154.4 149.9 126.3 121.9 153.3 148.8 129.3 122.9 155.5 151.2 101.8 101.4 142.3 159.1 146.8 146.0 104.4 182.5 209.3 271.4 246.6 277.3 245.8 335.1 105.0 101.1 100.8 141.2 158.3 125.6 124.9 105.1 183.4 216.1 100.5 140.3 158.0 121.9 130.6 123.8 153.3 149.1 129.2 123.0 154.3 150.0 100.8 101.3 142.1 158.7 124.7 124.0 104.8 183.5 121.8 120.0 122.1 210.6 142.7 159.7 133.6 132.8 104.2 181.9 208.3 102.5 272.8 247.6 278.8 246.5 338.3 104.9 101.5 105.2 270.8 245.7 276.8 245.6 333.6 105.0 101.7 104.1 104.0 141.7 158.9 142.0 141.3 104.4 182.7 216.3 272.5 248.1 278.3 246.5 336.6 104.8 101.3 104.4 112.5 279.9 324.0 93.6 118.5 295.9 341.1 93.3 116.1 290.8 334.1 93.3 116.4 290.7 335.0 92.9 92.8 98.5 92.3 99.3 92.3 99.0 25.9 21.3 Tobacco and smoking products............................ 41.1 271.1 394.9 Personal care1....................................................... Personal care products1..................................... Personal care services1..................................... 165.6 153.7 178.1 Used cars and trucks1....................................... Motor fuel.............................................................. Gasoline (all types)............................................ Motor vehicle parts and equipment.................... Motor vehicle maintenance and repair............... Public transportation.............................................. Medical care.............................................................. Medical care commodities..................................... Professional services........................................... Hospital and related services............................. 2 .12 Education and communication2............................... Education2............................................................. Communication1,2................................................. 12 Information and information processing ' ....... 12 Information and information processing .1 4 101.0 177.4 204.2 Infants’ and toddlers’ apparel1............................. Footwear............................................................... Transportation........................................................... Private transportation............................................ 142.8 155.8 129.3 128.6 101.5 177.3 209.6 260.8 238.1 266.0 237.7 317.3 103.3 174.6 174.1 174.3 195.1 162.4 193.9 116.8 208.1 106.7 150.6 135.7 125.3 143.1 129.4 126.8 123.7 120.3 129.7 128.0 128.2 129.6 129.7 121.5 175.9 199.6 191.0 177.4 531.3 175.2 174.6 174.7 194.9 162.7 192.1 118.6 206.3 Gas (piped) and electricity............................... Household furnishings and operations............... Apparel...................................................................... Men's and boys' apparel...................................... Women's and girls' apparel................................. 122.8 111.8 178.1 175.4 199.2 190.2 177.7 532.2 175.3 174.9 175.2 195.2 163.5 178.3 534.0 177.3 200.7 191.6 123.7 205.7 200.6 106.2 150.2 135.4 129.3 142.4 129.1 127.3 125.7 119.3 New and used motor vehicles2............................ New vehicles...................................................... 103.7 137.9 177.1 530.4 173.6 173.1 173.4 193.8 161.3 167.1 122.1 146.0 129.1 122.6 122.6 122.5 121.4 121.2 104.9 184.0 213.7 202.0 178.8 535.5 176.6 176.1 176.3 197.0 162.8 179.8 538.6 176.7 176.2 176.4 198.1 162.5 169.9 224.8 170.1 223.3 169.4 225.8 168.7 223.4 139.5 160.3 154.9 155.6 177.6 18.5 160.9 156.1 156.9 177.9 139.5 161.3 158.4 158.3 177.4 140.0 160.4 158.5 157.2 176.3 140.1 159.9 157.2 156.4 175.9 140.1 161.5 159.6 156.5 177.8 108.9 176.4 115.5 181.8 177.6 204.5 197.0 113.1 110.6 108.5 175.8 115.5 181.2 176.0 115.5 180.9 176.9 202.9 195.5 176.9 203.2 196.4 108.0 210.9 211.6 212.2 212.8 106.3 142.2 126.2 112.7 133.5 128.9 123.7 106.4 141.5 125.3 112.9 132.4 128.7 120.4 111.6 210.1 122.1 131.5 124.9 152.3 148.1 132.4 123.7 150.2 146.1 100.2 100.6 101.3 142.6 157.4 104.5 103.8 105.8 186.4 205.1 276.7 250.6 283.0 248.8 347.1 105.5 101.4 107.0 274.4 249.1 280.5 247.7 341.2 105.1 101.7 105.8 116.9 293.9 336.2 93.1 273.1 248.5 278.9 246.8 337.9 105.0 101.7 104.8 117.2 295.1 337.2 93.6 119.5 298.0 343.9 93.5 101.3 106.6 121.7 305.4 350.0 93.1 91.8 98.7 92.1 99.0 92.5 99.6 92.4 99.6 22.1 21.7 21.4 21.3 29.5 282.6 425.2 31.7 277.7 424.2 30.4 281.3 418.7 170.5 155.1 184.3 169.6 155.8 183.4 169.5 153.2 184.1 29.8 281.2 421.0 170.0 154.6 184.1 29.3 285.8 441.2 170.7 155.1 184.8 101.6 177.8 532.7 176.4 175.9 176.0 197.6 161.8 106.9 143.5 127.8 118.3 134.7 129.1 128.0 127.4 119.4 140.2 157.3 131.4 130.7 105.2 185.1 212.7 275.0 249.6 281.0 247.9 342.6 105.2 106.9 144.6 129.1 121.5 135.9 129.0 129.5 127.5 177.1 530.6 176.2 175.8 176.2 196.7 162.1 171.2 212.9 176.7 5292.0 175.2 174.7 174.7 195.3 162.0 170.8 214.4 141.0 157.8 116.3 115.6 105.5 186.0 209.1 275.9 250.2 282.0 248.4 344.8 105.3 101.3 107.1 122.2 108.0 107.8 108.0 177.0 115.8 182.6 177.1 116.3 182.5 179.1 207.0 198.2 121.9 177.2 116.9 182.9 178.5 206.1 197.7 119.3 106.8 140.0 123.7 112.3 130.6 128.6 123.5 106.8 140.2 123.8 112.8 179.5 207.5 198.5 122.1 213.3 107.2 140.3 123.8 115.1 130.6 128.9 128.8 125.6 114.8 109.7 115.3 130.7 128.7 128.2 125.2 121.3 128.5 125.0 117.1 148.6 144.4 127.2 119.5 148.4 144.1 129.9 123.5 150.5 146.3 198.9 124.5 153.7 149.6 101.6 101.0 100.1 99.6 140.7 152.1 107.7 107.1 106.5 188.5 207.9 282.0 254.1 288.9 251.9 359.4 99.3 140.4 152.8 121.4 106.8 189.0 209.7 283.2 254.8 290.2 252.5 362.4 106.1 102.9 106.6 106.5 102.9 106.2 122.8 120.8 122.0 120.6 148.5 144.3 143.5 157.2 96.1 95.4 105.8 186.4 204.8 277.3 251.6 283.5 248.9 348.3 105.3 142.7 155.6 97.9 97.2 106.2 187.1 205.8 279.6 252.6 286.2 250.6 353.1 105.7 101.2 102.1 106.9 107.2 122.0 122.6 141.2 153.9 98.2 97.6 106.1 188.0 207.3 281.0 253.7 287.7 251.4 356.4 105.9 102.9 107.3 122.2 120.8 307.2 351.5 93.6 122.3 304.7 352.0 93.3 294.7 352.2 93.4 303.0 353.2 93.4 123.2 314.4 353.9 93.1 123.3 314.2 354.1 92.0 123.3 314.4 354.1 91.2 92.0 99.2 92.5 99.9 92.2 99.6 92.3 99.6 92.2 100.3 92.0 100.3 90.8 99.1 90.0 98.2 20.7 20.3 20.2 20.0 19.8 19.4 19.0 18.8 18.6 27.8 283.3 424.6 171.2 154.7 185.2 26.7 287.8 444.0 26.4 285.6 429.9 25.8 289.2 446.7 25.3 286.4 431.7 172.3 155.4 185.9 172.6 155.4 186.8 172.6 155.4 186.4 23.8 290.2 449.3 173.7 155.5 186.4 23.1 288.5 433.4 174.1 155.1 187.3 22.9 292.9 461.4 171.9 155.5 185.5 24.6 287.2 432.8 173.2 155.2 186.3 Personal computers and peripheral equipment1,2........................................... See footnotes at end of table. 114 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 174.4 155.4 187.9 32. Continued—Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group [1982-84 = 100, unless otherwise indicated] Series _________ Annual average 2000 2001 2001 Apr. May June 252.3 263.1 260.2 261.0 261.8 149.2 168.4 137.7 147.4 129.6 150 7 173.6 137.2 147.1 127.3 151 9 172.4 139.7 151.0 131.9 15? 9 172.9 140.8 153.5 129.8 159 1 162.5 125.4 195.3 163.4 124.6 203.4 167.0 125.4 201.9 201.3 196.1 229.9 208.9 201.9 238.0 207.4 173.0 165.7 167.3 139.2 149.1 162.9 158.2 202.9 188.9 124.6 178.6 181.3 144.9 129.5 2002 July Aug. Sept. Oct. Jan. Feb. Mar. Apr. 263.2 265.5 266.4 267.3 270.4 271.8 272.9 273.2 173.4 139.4 151.3 126.3 174.0 136.5 146.3 174.4 135.4 144.8 122.6 122.6 174.6 138.0 149.6 126.8 175.3 136.1 146.0 129.5 176.2 131.6 137.9 120.4 176.4 132.1 139.6 123.5 176.6 133.7 143.6 128.2 176.7 136.0 148.4 128.8 172.0 124.9 202.5 170.4 124.5 204.0 164.5 124.2 204.5 162.1 123.6 205.2 167.5 123.4 204.9 160.4 123.6 204.7 152.6 123.6 206.3 153.6 122.7 207.3 157.3 122.1 208.0 164.7 121.9 208.4 209.0 209.7 210.8 210.3 210.8 236.2 207.8 200.4 236.4 236.7 237.7 202.7 239.4 240.6 203.4 241.4 213.0 205.2 242.9 214.7 206.5 243.5 215.6 207.3 243.6 216.1 207.9 243.8 177.8 169 7 171.9 138.9 149.1 164.1 160.6 177.8 170 1 171.8 141.2 152.8 167.4 162.0 178.6 170 9 172.6 142.4 155.1 172.0 163.6 179.0 178.2 178.2 179.0 178.2 177.4 178.2 179.2 180.4 172.9 141.0 153.1 170.6 162.7 172.3 138.2 148.3 165.2 160.3 172.3 137.2 146.9 163.0 159.7 173.0 139.7 151.5 168.0 162.3 172.4 137.8 148.1 161.5 160.8 171.7 133.5 140.5 154.5 157.0 210.6 213.3 197.2 140.5 183.3 185.9 144.9 141.1 209.4 213.7 197.8 132.4 183.6 186.2 144.4 125.6 214.0 198.4 129.4 184.1 186.6 143.8 213.9 198.1 132.5 184.5 187.1 145.2 131.0 213.0 197.8 200.2 200.8 111.0 115.6 201.2 122.2 122.0 210.1 211.2 211.2 185.1 187.6 145.6 116.9 211.7 213.9 199.2 111.7 185.7 188.2 143.7 99.3 213.8 174.3 137.8 150.4 165.5 162.7 216 1 195.2 133.1 182.9 185.6 146.6 133.8 208.0 211.4 195.7 140.1 182.9 185.5 145.7 145.6 208.4 173.3 135.6 145.9 158.7 160.2 214 8 186.5 189.2 144.2 99.5 215.1 187.1 189.8 144.6 108.6 215.9 187.5 190.3 145.1 202.1 212.3 196.6 129.3 183.5 186.1 145.3 125.2 209.6 172.4 133.9 142.2 155.4 158.0 214.3 216.3 163.2 486.2 163.8 163.4 163.0 184.7 147.6 173.5 516.8 173.0 172.5 172.4 193.6 161.2 173.5 516.7 171.9 171.4 171.3 192.2 160.7 174.4 519.4 172.3 171.9 171.8 192.9 160.6 174.6 520.0 172.8 172.4 172.4 193.9 161.4 173.8 517.8 173.4 173.0 173.0 194.5 162.1 173.8 517.6 173.8 173.4 173.3 195.6 162.0 174.8 520.6 174.0 173.5 173.4 194.8 162.3 174.0 518.3 174.8 174.3 174.3 195.1 163.2 173.2 515.0 175.7 175.2 175.3 196.7 162.0 173.7 517.5 175.8 175.3 175.1 197.5 161.6 174.7 520.2 176.1 175.6 175.5 197.0 162.7 175.8 523.7 176.1 175.5 175.3 197.9 162.1 167.1 163.5 211.7 164.7 211.5 166.9 210.5 168.3 209.5 168.9 208.0 211.0 212.2 169.4 170.8 169.7 223.2 222.2 170.0 169.2 224.9 222.0 138.2 157.1 153.7 151.4 174.6 137.2 159.1 155.8 154.3 176.5 108.7 137.8 159.1 155.5 156.4 176.0 138.0 160.0 156.0 157.4 177.2 108.0 173.5 109.9 174.0 114.0 179.2 173.3 195.0 191.7 123.7 187.5 106.7 154.4 139.5 123.1 147.8 125.8 121.9 122.9 139.3 160.5 156.1 158.0 177.9 109.7 174.7 114.4 179.7 173.5 195.9 192.4 124.4 188.5 106.8 152.2 137.0 121.5 145.2 125.7 139.5 160.1 158.5 157.0 176.8 108.5 176.9 116.0 182.1 139.7 159.6 157.1 156.3 176.5 108.3 177.0 116.8 182.2 174.4 108.5 177.1 117.4 182.8 174.8 200.6 201.0 197.5 197.8 Commodity and service group: Food and beverages......................................... Commodities less food and beverages............ Nondurables less food and beverages........... Apparel......................................................... Nondurables less food, beverages, and apparel................................................. Durables........................................................... Services................................................................ Rent of shelter3................................................ Transporatatlon services.................................. Other services.................................................. Special Indexes: All items less food............................................. All items less medical care............................... Commodities less food..................................... Nondurables less food...................................... Nondurables less food and apparel................. Nondurables...................................................... Services less medical care services................ Energy................................................................ All items less energy......................................... All items less food and energy....................... Commodities less food and energy.............. Energy commodities................................... Services less energy..................................... 200.1 202.0 202.6 202.8 122.1 121.6 C O N S U M E R P R IC E INDEX F O R U R B A N W A G E EA R N ER S AN D C LER IC A L W O RK ERS All items.................................................................. All items (1967- 100)............................................. Food and beverages.............................................. Food...................................................................... Food at home..................................................... Cereals and bakery products........................... Meats, poultry, fish, and eggs......................... Dairy and related products1............................. Fruits and vegetables....................................... Nonalcoholic beverages and beverage materials........................................................ Other foods at home......................................... Sugar and sweets........................................... Fats and oils................................................... Other foods..................................................... Other miscellaneous foods1,2...................... Food away from home1....................................... Other food away from home1,2........................ Alcoholic beverages............................................ Housing.................................................................. Shelter................................................................. Rent of primary residence................................ Lodqinq away from home2............................... Owners’ equivalent rent of primary residence3 159.4 201.8 210.8 133.2 152.8 152.2 147.9 168.8 104.6 165.0 105.1 168.8 160.0 181.6 177.1 138.4 159.1 155.6 155.4 176.3 109.1 173.8 113.6 178.8 172.1 194.5 191.5 118.4 187.6 106.4 149.5 134.2 129.2 141.5 125.8 126.1 125.8 117.3 130.9 123.1 153.6 150.8 101.9 122.2 175.7 101.6 Fuels and utilities............................................. Fuels................................................................ Fuel oil and other fuels................................. Gas (piped) and electricity........................... Household furnishings and operations............ Apparel.................................................................. Men's and boys' apparel................................... Women's and girls' apparel.............................. Infants’ and toddlers’ apparel1.......................... Footwear........................................................... Transportation........................................................ Private transportation......................................... New and used motor vehicles2........................ 128.7 113.0 91.7 120.4 124.7 130.1 131.2 121.3 130.3 126.2 143.4 140.7 100.4 108.4 172.7 112.0 177.6 171.0 192.9 189.6 121.2 185.7 105.8 148.8 133.6 133.9 140.4 126.0 130.5 128.3 124.7 133.2 125.2 155.8 153.2 102.4 173.1 112.5 178.0 171.7 193.5 190.4 119.9 186.3 106.9 150.8 135.7 131.5 142.9 125.7 128.5 129.2 120.2 132.0 124.5 159.2 156.6 102.0 112.8 178.4 173.0 194.4 191.0 123.2 187.0 107.2 155.2 140.5 129.2 148.5 125.9 125.2 126.3 115.6 128.6 122.1 157.9 155.1 101.7 121.6 121.6 110.2 110.1 126.2 121.4 153.4 150.4 101.4 128.3 122.0 152.5 149.5 101.0 138.4 159.8 156.2 158.1 176.5 109.2 175.0 115.6 180.1 173.2 196.0 193.3 116.8 189.2 106.8 150.1 134.7 125.3 142.2 126.0 125.6 123.7 118.3 131.1 123.0 155.1 152.3 100.7 139.2 160.4 156.2 159.1 177.3 138.8 161.0 158.5 158.0 177.9 109.5 175.6 115.7 180.5 172.5 196.6 194.0 114.8 190.0 107.0 144.0 127.9 121.4 135.0 125.5 128.3 127.3 109.3 176.4 115.8 181.4 173.4 198.7 196.3 113.2 192.3 106.4 140.8 124.2 113.0 131.4 125.0 119.6 120.2 133.5 124.9 151.4 148.6 101.1 173.9 199.8 197.0 119.4 192.9 106 8 139.4 122.7 112.4 129.7 124.9 122.4 121.0 122.2 108.5 126.7 117.7 147.5 144.6 101.3 113.8 128.4 119.3 147.1 144.2 100.3 168.7 139.4 161.0 153.4 156.2 178.2 122.2 122.0 193.3 106 9 139.6 193.9 122.8 112.7 129.8 124.9 126.9 125.2 119.7 131.7 122.8 149.2 146.4 99.7 139.6 122.7 114.7 129.6 125.1 127.9 125.8 120.9 131.7 124.4 152.7 149.8 99.5 See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review June 2002 115 Current Labor Statistics: Price D ata 32. Continued— Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group [1982-84 = 100, unless otherwise indicated] ________________ Annual average Series 2000 2001 2001 Apr. May June July 2002 Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. New vehicles..................................................... 143.9 143.2 143.8 143.4 142.7 142.3 141.4 141.3 142.1 143.8 144.7 143.8 142.3 141.8 141.5 Used cars and trucks1...................................... Motor fuel.............................................................. Gasoline (all types)........................................... Motor vehicle parts and equipment.................. Motor vehicle maintenance and repair............. Public transportation............................................. 157.1 159.8 160.9 160.2 160.0 159.3 159.0 158.2 158.7 158.3 158.1 156.5 154.8 153.0 152.6 129.5 128.8 100.9 178.8 203.4 124.9 124.2 104.0 185.1 204.9 134.0 133.3 103.5 183.4 202.7 147.4 146.7 103.6 184.1 203.5 142.1 141.1 103.6 184.4 209.5 124.9 124.2 104.3 185.0 209.5 122.0 121.3 104.1 185.6 207.7 132.4 131.7 104.4 186.7 207.0 116.2 115.5 104.7 187.5 203.7 104.4 103.8 105.0 187.8 200.4 96.3 95.7 104.9 187.9 200.1 98.2 97.6 105.3 188.6 201.0 98.5 97.9 105.3 189.5 202.5 108.0 107.5 105.7 189.9 203.0 121.7 121.2 106.0 190.5 204.5 Medical care............................................................... Medical care commodities................................... Medical care services........................................... Professional services.......................................... Hospital and related services............................ 259.9 233.6 265.9 239.6 313.2 271.8 242.7 278.5 248.7 333.8 269.9 241.0 276.5 247.8 329.1 270.4 241.7 277.0 248.0 330.6 271.5 243.2 278.0 248.7 332.0 272.0 243.6 278.5 249.0 333.5 273.4 244.1 280.2 249.9 337.0 273.9 244.6 280.7 250.1 338.3 274.9 245.2 281.7 250.5 340.5 275.6 245.6 282.6 250.9 342.7 276.2 246.7 283.0 251.0 343.6 278.5 247.6 285.7 252.8 348.2 280.9 249.0 288.4 254.0 354.3 281.9 249.6 289.6 254.6 357.1 10? 1 102.4 103.6 103.7 103.7 103.5 103.7 103.9 103.8 103.8 104.0 103.8 104 2 279.8 248.5 287.2 253.6 351.4 104 5 Video and audio1'2........................................... 100.7 100.9 101.2 101.1 100.7 101.1 101.0 100.6 100.6 100.7 100.5 101 4 10? ? Education and communication2............................. Education2......................................................... Educational books and supplies...................... 102.7 105.3 104.2 104.1 104.5 104.9 105.8 106.5 107.1 106.9 106.9 107.1 107.2 106.5 106.0 112.8 283.3 118.7 299.9 116.4 294.7 116.7 294.5 117.2 298.2 117.6 299.3 119.6 302.2 121.7 309.8 122.3 311.7 122.3 308.9 122.1 297.3 122.7 305.2 123.3 315.2 123.3 315.1 123.3 315.3 318.2 94.6 334.7 94.5 328.2 94.4 329.1 94.0 330.3 94.3 331.3 94.8 337.3 94.7 342.9 94.3 344.4 94.9 344.9 94.5 345.2 94.6 346.2 94.7 347.0 94 5 347.2 93 3 347.2 Q? fi 94.1 Recreation2...................................................... Tuition, other school fees, and child care...... Communication1,2................................................. Information and information processing1'2.... 93.8 99.2 93.6 93.6 94.2 93.8 93.9 94.0 93.7 92.6 91.7 98.8 99.2 94.0 99.7 94.0 98.7 93.8 99.4 93.4 Telephone services1,2.................................... Information and information processing 99.8 99.4 100.1 99.7 99.9 100.4 100.5 99.3 98.4 other than teleDhone services1,4............... Personal com puters and peripheral 26.8 22.1 22.8 22.4 22.2 22.0 21.5 21.2 21.0 20.8 20.6 20.1 19.7 19.5 19.3 equipment1,2........................................... Other goods and services........................................ Tobacco and smoking products.......................... 40.5 29.1 31.1 29.9 29.4 28.7 27.4 26.6 26.1 25.5 25.0 24.3 23.5 22.8 22.5 276.5 395.2 289.5 426.1 288.2 424.8 286.8 419.8 287.9 421.6 293.8 441.9 290.0 425.6 295.5 444.7 292.4 430.9 297.3 448.3 293.3 432.9 294.0 433.5 298.3 450.7 295.2 434.1 301.7 462.7 Personal care1........................................................ 165.5 170.3 169.4 169.3 169.9 170.6 170.9 171.4 171.9 172.3 172.3 172.7 173.2 173.7 173.9 Personal care products1.................................... 154.2 155.7 156.0 153.8 155.4 155.9 155.5 156.1 156.1 156.3 156.0 156.2 178.6 251.9 184.9 262.8 183.9 260.0 184.7 260.7 184.8 261.6 185.4 263.2 185.9 264.9 186.1 265.6 186.5 266.8 156.0 187.1 155.9 Personal care services1..................................... Miscellaneous personal services...................... Commodity and service group: 156.1 187.4 267.5 268.0 187.0 269.8 187.1 271.4 188.0 272.5 272.6 Commodities.............................................................. Food and beverages............................................. Commodities less food and beverages.............. Nondurables less food and beverages............. A pparel............................................................... Nondurables less food, beverages, 149.8 167.7 139.0 149.1 128.3 151.4 173.0 138.7 149.0 126.1 152.8 171.9 141.2 153.1 130.5 153.9 172.3 142.6 156.2 128.5 153.0 172.8 141.1 153.6 125.2 151.2 173.4 138.0 148.2 121.9 150.5 173.8 136.9 146.5 121.6 152.5 174.0 139.8 152.0 125.6 151.2 174.8 137.4 147.4 128.3 150.1 174.5 135.9 144.2 127.2 148.4 174.6 133.4 139.4 123.0 148.3 175.7 132.7 138.9 119.6 148.6 175.8 133.1 140.7 122.4 149.8 176.1 134.7 144.8 126.9 151.7 176.1 137.5 150.5 127.9 165.3 125.8 166.3 125.3 170.5 126.0 176.3 125.5 174.1 125.2 167.3 124.8 164.8 124.3 171.4 124.1 162.7 124.3 158.2 124.8 153.1 124.9 154.2 124.1 155.4 123.1 159.4 122.3 168.1 122.1 and apparel....................................................... Durables................................................................ 188.7 S ervices..................................................................... 191.6 199.6 198.0 198.7 200.1 200.6 201.2 201.1 201.0 201.4 201.7 202.5 203.3 203.9 204.2 Rent of shelter3................................................. Transporatation services..................................... Other services................................................... Special indexes: 180.5 192.9 225.9 187.3 199.1 233.7 185.8 197.2 231.9 186.3 197.6 232.2 187.2 198.9 232.6 187.8 199.5 233.6 188.7 199.8 235.1 188.7 200.1 235.9 189.3 200.9 236.8 189.9 202.3 237.2 190.4 202.6 237.3 191.4 203.4 238.3 192.5 204.7 239.0 193.2 205.6 238.8 193.7 206.2 283.9 All items less food.................................................. All items less shelter............................................ All items less medical care.................................. Commodities less food......................................... Nondurables less food.......................................... Nondurables less food and apparel.................... Nondurables........................................................... 169.1 163.8 164.7 140.4 150.7 165.4 158.9 173.6 167.6 169.1 140.2 150.8 166.7 161.4 173.8 168.0 169.1 142.7 154.7 170.5 163.0 174.7 169.1 174.9 169.0 170.2 142.6 155.3 173.9 163.8 173.9 167.8 169.4 139.6 150.1 167.7 161.2 173.7 167.5 169.3 138.5 148.5 165.4 160.5 174.9 168.8 170.3 141.3 153.8 171.5 163.5 173.8 167.6 169.5 139.0 149.4 163.5 161.5 173.4 166.9 169.1 137.6 146.4 159.5 159.7 172.5 165.7 173.3 166.1 174.3 167.1 168.3 135.1 141.8 154.7 157.3 172.7 165.8 168.5 134.5 141.8 154.7 157.5 169.0 134.8 143.1 157.0 158.5 170.0 136.5 147.0 160.7 160.8 175.7 168.5 171.0 139.1 152.5 168.7 163.7 Services less rent of shelter3............................... Services less medical care services.................. Energy.................................................................... All items less energy............................................. All items less food and energy.......................... Commodities less food and energy............... Energy commodities....................................... Services less energy........................................ 180.1 185.4 124.8 175.1 177.1 145.4 129.7 198.7 188.5 187.0 187.8 189.6 189.9 191.6 132.9 179.2 181.3 147.3 134.2 204.4 192.3 140.6 179.2 181.2 146.4 146.6 204.8 193.6 140.3 179.5 181.4 145.6 141.5 205.7 194.2 131.3 179.8 181.7 145.4 125.0 206.3 190.1 194.7 128.6 180.1 181.9 144.6 122.1 207.3 189.9 194.6 132.6 180.7 182.6 146.0 132.1 207.6 189.0 194.4 121.2 181.3 183.2 146.3 116.7 208.3 189.3 194.8 114.8 181.8 183.8 146.9 105.5 209.0 190.1 193.1 128.7 179.8 181.7 146.1 125.3 206.0 195.0 110.0 181.5 183.5 145.6 97.5 209.4 190.5 197.0 114.7 182.9 184.9 145.0 108.7 212.1 197.4 121.6 183.4 185.5 145.8 121.9 212.6 170.0 144.1 157.6 175.9 164.8 189.2 189.8 195.7 110.5 181.6 183.6 144.4 99.2 210.4 1 Not seasonally adjusted. 2 Indexes on a December 1997 = 100 base. 4 Indexes on a December 1988 = 100 base. Dash indicates data not available. 3 Indexes on a December 1982 = 100 base. N0TE: lndex a PPlied t0 a month as a whole, not to any specific date. 116 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 196.5 109.8 182.5 184.4 144.8 99.5 211.5 190.7 33. Consumer Price Index: U.S. city average and available local area data: all items [1982-84 = 100, unless otherwise indicated]________________________________________________________ Pricing sched ule1 U.S. city average................................................................. M All Urban Consumers 2001 Nov. 177 4 Urban Wage Earners Dec 176 7 Jan. Feb. 177 1 177.8 2002 2001 2002 Mar. 178.8 Apr 179.9 Nov. 173.7 Dec. 172.9 Jan. Feb. 173.2 173.7 Mar. 174.7 Apr. 175.8 Region and area size2 Northeast urban......................................................................... Size A—More than 1,500,000.............................................. M 185.0 184.2 184.9 186.1 187.0 187.8 181.8 181.0 181.4 182.3 183.1 184.2 M 186.1 185.4 186.2 187.8 188.6 189.3 181.9 181.1 181.6 182.8 183.6 184.5 Size B/C—50,000 to 1,500,0003......................................... M 110.9 10.3 110.5 110.5 111.2 111.9 110.5 109.9 110.1 110.1 110.8 111.7 Midwest urban4........................................................................... Size A—More than 1,500,000.............................................. M 172.5 171.9 172.1 173.6 174.7 168.2 167.6 167.7 168.1 169.1 170.3 M 174.2 173.8 174.1 172.5 174.7 176.0 177.3 169.1 168.7 168.8 169.4 170.6 172.2 Size B/C—50,000 to 1.500.0003......................................... Size D— Nonmetropolitan (less than 50,000)................... M 110.0 109.6 109.5 109.6 110.2 110.7 109.8 109.2 109.2 109.2 109.7 110.2 M 166.3 165.5 166.2 166.6 167.1 168.1 164.1 163.3 163.9 164.3 164.8 166.0 170.6 171.7 171.0 172.1 173.1 169.0 168.1 168.3 168.6 169.6 170.8 172.4 173.3 172.4 169.6 169.0 169.0 169.5 170.5 171.7 110.2 South urban................................................................................ M 171.0 170.3 Size A—More than 1,500,000.............................................. M 172.2 171.7 Size B/C—50,000 to 1.500.0003......................................... Size D— Nonmetropolitan (less than 50,000)................... M 109.4 108.9 109.2 109.3 110.0 110.8 109.0 108.5 108.6 108.7 109.3 M 168.9 167.7 168.6 168.6 169.9 170.5 169.9 168.3 169.2 168.9 170.2 171.2 West urban................................................................................. M 182.3 181.6 182.4 183.2 184.0 185.1 177.6 176.8 177.4 178.1 179.0 180.0 Size A—More than 1,500,000.............................................. M 112.0 111.6 111.9 185.4 186.2 187.2 177.7 176.9 177.7 178.6 179.5 180.5 Size B/C—50,000 to 1,500.0003......................................... M 112.0 111.6 111.9 112.4 112.8 113.7 111.8 111.2 111.4 111.8 112.2 112.9 M M M 161.7 110.2 170.8 161.1 109.7 169.8 161.6 109.9 170.5 162.5 110.1 170.7 163.4 110.7 171.5 164.2 111.4 172.4 160.0 109.9 169.7 159.4 109.3 168.5 159.7 109.9 169.7 160.5 109.5 169.3 161.3 110.1 170.2 162.4 110.9 171.3 Chicago-G ary-Kenosha, IL-IN-WI........................................ Los A ngeles-Riverside-O range County, CA......................... M M 177.4 178.1 177.9 177.1 177.9 178.9 178.7 180.1 179 8 181.1 180 9 182.2 171 9 171 7 171 170.7 169.7 171.5 172.8 173.8 174.8 New York, NY-Northern NJ-Long Island, NY-NJ-CT-PA.. M 187.8 187.3 188.5 189.9 191.1 191.8 183.3 182.8 183.5 185.6 Boston-Brockton-Nashua, MA-NH-ME-CT........................ 1 192.7 - 192.9 - 194.7 - 191.9 - 191.8 184.7 _ 193.2 186.6 _ Cleveland-Akron, OH................................................................ 1 172.3 - 171.4 - 173.7 - 162.8 _ 164.1 _ 1 171.5 - 170.6 - 172.1 - 164.0 171.1 - D allas-Ft Worth, TX.................................................................. - 170.0 - 171.4 - Washinqton-Baltimore, DC-MD-VA-WV7............................ Atlanta, GA.................................................................................. 1 110.9 - 110.9 - 111.9 - 110.7 - 110.5 - 111.4 - 2 - 174.8 - 176.1 - 178.6 - 172,0 173.2 175.5 156.8 Size classes; A5.............................................................................................. B/C3.......................................................................................... D............................................................................................... Selected local areas3 fi Detroit-Ann Arbor-Flint, Ml...................................................... 2 - - 176.2 - 179.0 - 167.9 170.5 _ _ Houston-Galveston-Brazoria, TX........................................... Miami-Ft. Lauderdale, FL......................................................... 2 - 173.5 157.1 - - 156.6 - 158.8 - 155.2 - 154.3 _ 2 - 173.1 175.0 - 170.5 - 172.3 - 172.5 2 - 179.9 - 175.0 Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-M D...... - 183.1 - 179.2 - 181.4 _ 182.3 San Francisco-O akland-San Jose, CA................................. 2 2 - 190.6 186.1 193.0 188.8 - 186.5 181.1 - 186.8 182.5 _ 188.8 - - 183.6 Seattle-Tacom a-Brem erton, WA............................................ - 182.0 191.3 187.6 - - - 173.4 1 Foods, fuels, and several other items priced every month in all areas; most other goods and services priced a s indicated; M—Every month. 1—January, March, May, July, September, and November. 2— February, April, June, August, October, and December. MO-KS; Milwaukee-Racine, Wl; Minneapolis-St. Paul, MN-WI; Pittsburgh, PA; Port-land-Salem, OR-WA; St Louis, MO-IL; San Diego, CA; Tam pa-St. Petersburg-Clearwater, FL. 2 Regions defined as the four Census regions. Dash indicates data not available. ' Indexes on a November 1996 = 100 base. 3 Indexes on a December 1996 = 100 base. 4 The "North Central” region has been renam ed the "Midwest" region by the C ensus Bureau. It is com posed of the sam e geographic entities. 6 Indexes on a December 1986 = 100 base. 6 In addition, the following metropolitan areas are published semiannually and appear in tables 34 and 39 of the January and July issues of the CPI Detailed Report: Anchorage, AK; Cincinnati-Hamilton, OH-KY-IN; Denver-Boulder-Greeley, CO; Honolulu, HI; https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NOTE: Local area CPI indexes are byproducts of the national CPI program. Each local index has a smaller sample size and is, therefore, subject to substantially more sampling and other m easurem ent error. As a result, local area Indexes show greater volatility than the national index, although their long-term trends are similar. Therefore, the Bureau of Labor Statistics strongly urges users to consider adopting the national average CPI for use In their escalator clauses. Index applies to a month as a whole, not to any specific date. M onthly Labor Review June 2002 117 Current Labor Statistics: 34. Price Data Annual data: Consumer Price Index, U.S. city average, all items and major groups [ 1982-84 = 100] 1992 Series Consumer Price Index for All Urban Consumers: All items: Index................................................................................ Percent change............................................................. Food and beverages: Index................................................................................ Percent change............................................................. Housing: 1993 1994 1995 1996 1997 1998 1999 2000 2001 140.3 3.0 144.5 3.0 148.2 2.6 152.4 2.8 156.9 3.0 160.5 2.3 163.0 1.6 166.6 2.2 172.2 3.4 177.1 2.8 138.7 1.4 141.6 2.1 144.9 2.3 148.9 2.8 153.7 3.2 157.7 2.6 161.1 2.2 164.6 2.2 168.4 2.3 173.6 3.1 137.5 2.9 141.2 2.7 144.8 2.5 148.5 2.6 152.8 2.9 156.8 2.6 160.4 2.3 163.9 2.2 169.6 3.5 176.4 4.0 131.9 2.5 133.7 1.4 133.4 -.2 132.0 -1 .0 131.7 -.2 132.9 .9 133.0 .1 131.3 -1 .3 129.6 -1 .3 127.3 -1 .8 126.5 2.2 130.4 3.1 134.3 3.0 139.1 3.6 143.0 2.8 144.3 0.9 141.6 -1 .9 144.4 2.0 153.3 6.2 154.3 0.7 Percent change............................................................. Apparel: Index................................................................................ Percent change............................................................. Transportation: Index............................................................................... Percent change............................................................. Medical care: Index................................................................................ Percent change............................................................. Other goods and services: Index................................................................................ Percent change............................................................. 190.1 7.4 201.4 5.9 211.0 4.8 220.5 4.5 228.2 3.5 234.6 2.8 242.1 3.2 250.6 3.5 260.8 4.1 272.8 4.6 183.3 6.8 192.9 5.2 198.5 2.9 206.9 4.2 215.4 4.1 224.8 4.4 237.7 5.7 258.3 8.7 271.1 5.0 282.6 4.2 C onsum er Price Index for Urban W age Earners and Clerical Workers: All items: Index............................................................................... Percent change............................................................. 138.2 2.9 142.1 2.8 145.6 2.5 149.8 2.9 154.1 2.9 157.6 2.3 159.7 1.3 163.2 2.2 168.9 3.5 173.5 2.7 118 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 35. Producer Price Indexes, by stage of processing [ 1982 = 100] Grouping Annual average 2000 Finished goods................................. Finished consumer goods....................... Finished consumer foods...................... Finshed consumer goods Nondurable goods less food................ Capital equipment................................... 2001 2001 2002 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 137.4 137.2 141.1 137.7 137.5 142.3 138.9 139.2 143.7 139.2 139.4 139.2 139.7 139.8 139.5 139.4 138.0 138.2 137.2 140.7 141.5 141.3 141.7 142.7 141.6 142.5 143.8 141.8 142.1 143.3 141.9 140.7 141.5 141.2 141.1 142.0 142.6 141.7 142.9 142.9 139.6 139.9 141.8 139.7 138.4 140.5 137.2 136.8 140.4 138.4 138.7 133.9 138.8 141.4 142.8 133 9 139.7 142 9 144.9 134.2 140.0 144.5 147.3 133 8 139.7 143 7 146 5 133 2 139.6 141 4 143 1 133 2 139.8 141 fi 143 5 133 n 139.5 14? 7 145 1 133 ? 139.4 139 n 139 ? 134 4 139.8 137 3 13fi fi 134 139.9 139.7 129.2 128 7 130 6 131.2 131.4 130.3 129.8 130.1 127.6 126.7 125.4 125.5 125.2 126.5 127.6 128.1 119.2 132.6 129.0 126.2 127.4 124.3 131.8 125.2 126.3 128.7 122.3 135.2 126.0 126.6 128.6 124.6 134.2 126.9 126.4 128.3 125.7 133.4 126.5 126.4 127.5 126.1 131.9 125.3 126.2 126.9 128.1 130.1 124.6 126.2 126.6 127.5 129.9 124.2 125.9 125.9 126.1 128.7 123.4 125.9 125.2 123.9 127.4 122.8 125.9 124.7 122.5 126.2 122.5 126.0 124.5 122.1 125.4 122.5 126.3 124.6 122.6 125.4 122.6 126.3 125.3 123.3 126.7 123.6 126.5 125.7 122.0 128.4 123.7 126.3 150.7 102.0 151.6 136.9 150 6 104.5 153.1 138.6 150 4 105.9 153.2 139.0 151 6 108.1 153.9 139.0 151 7 110.2 154.1 138.8 151 n 106.8 153.6 138.8 151 n 106.0 153.2 138.7 108.4 153.0 138.6 97.4 152.4 138.3 94.7 152.2 138.3 89.3 152.2 138.1 90.0 152.6 138.2 88.8 151.9 138.1 92.8 151.6 138.3 97.0 151.2 138.5 120.6 100.2 130.4 121.3 106.2 127.3 132.9 109.1 144.5 130.9 110.3 140.4 122.8 109.7 127.4 116.1 109.6 116.3 113.4 108.9 112.4 108.0 108.5 103.8 97.7 104.7 89.4 104.8 98.3 105.5 94.8 96.4 90.2 98.9 99.6 95.0 98.0 102.0 91.4 102.3 102.9 98.3 107.9 96.4 113.5 138.1 94.1 144.9 147.4 148.0 140.4 96.8 147.5 150.8 150.0 141.6 101.2 147.5 150.6 149.8 142.6 104.1 147.7 151.6 150.0 142.0 102.7 147.6 150.9 149.9 140.5 97.0 147.5 150.7 149.9 140.5 97.8 147.7 151.1 149.7 141.3 100.1 147.9 151.4 149.8 138.8 90.1 147.9 151.3 150.4 137.7 85.5 147.7 151.0 150.6 136.1 80.7 147.6 150.9 150.4 136.3 81.3 147.7 151.1 150.4 136.3 81.3 148.1 151.6 150.4 137.4 85.6 148.3 152.0 150.2 138.7 89.3 147.3 150.6 150.5 154.0 156.9 156.4 156.9 156.7 156.8 156.6 156.8 157.5 157.8 158.0 157.6 157.6 157.4 158.0 n Intermediate materials, Materials and components tor manufacturing...................................... Materials for food manufacturing............. Materials for nondurable manufacturing.. Materials for durable manufacturing........ Components for manufacturing............... Materials and components Processed fuels and lubricants.................. Containers.................................................... Supplies....................................................... Crude materials for further processing..................................... Foodstuffs and feedstuffs............................ Crude nonfood materials............................. Special groupings: Finished goods, excluding foods................ Finished energy goods................................ Finished goods less energy........................ Finished consumer goods less energy...... Finished goods less food and energy....... Finished consumer goods less food and energy................................................. Consumer nondurable goods less food and energy............................................... 169.8 175.1 174.0 175.4 175.5 175.5 175.3 175.6 175.8 176.4 176.4 176.4 176.2 176.2 176.2 Intermediate materials less foods and feeds.................................................... Intermediate foods and feeds..................... Intermediate energy goods......................... Intermediate goods less energy................. Intermediate materials less foods and energy................................................. 130.1 111.7 101.7 135.0 130.5 115.9 104.1 135.1 131.6 114.0 105.5 136.0 132.1 114.9 107.6 136.1 132.3 116.3 109.7 135.9 131.0 117.1 106.3 135.3 130.4 119.4 105.6 134.9 130.7 118.7 107.9 134.7 128.2 117.3 97.1 134.2 127.3 115.5 94.3 133.7 126.0 114.3 89.0 133.4 126.1 113.6 89.6 133.3 125.9 113.6 88.4 133.3 127.1 114.4 92.4 133.8 128.4 113.7 96.6 134.1 136.6 136.4 137.4 137.5 137.2 136.5 136.0 135.8 135.3 134.9 134.6 134.6 134.6 135.1 135.5 Crude energy materials............................... Crude materials less energy....................... Crude nonfood materials less energy........ 122.1 111.7 145.2 122.8 112.2 130.6 145.2 114.3 130.8 139.8 115.3 130.9 123.1 114.8 130.6 109.0 114.3 129.4 104.2 113.6 128.4 93.1 113.3 128.5 75.2 109.8 125.8 96.5 104.8 124.5 76.7 103.4 124.2 82.8 106.2 126.1 76.9 108.5 128.1 87.2 108.8 126.7 106.7 105.3 131.4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Ju n e 2002 119 Current Labor Statistics: 36. Price Data Producer Price Indexes for the net output of major industry groups [D ecem ber 1984 = 100, un le ss otherw ise indicated] Annual average Industry SIC 2000 - 10 12 13 14 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Total mining industries........................... Oil and gas extraction (12/85 - 100).............. Mining and quarrying of nonmetallic minerals, except fuels................................... Total manufacturing industries................. Food and kindred products............................. Tobacco manufactures................................... Textile mill products......................................... Apparel and other finished products made from fabrics and similar materials...... Lumber and wood products, except furniture.............................................. Furniture and fixtures....................................... Paper and allied products............................... Printing, publishing, and allied industries....... Chemicals and allied products........................ Petroleum refining and related products........ Rubber and miscellaneous plastics products.. Leather and leather products.......................... Stone, clay, glass, and concrete products..... Fabricated metal products, except machinery and transportation equipment............................. Electrical and electronic machinery, equipment, and supplies............................... Transportation................................................. Measuring and controlling instruments; photographic, medical, and optical goods; watches and clocks........................... Miscellaneous manufacturing industries industries (12/85 = 100)................................ 2001 2001 2002 Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 78.0 81.6 77.9 86.0 99.9 113.5 73.8 84.8 126.8 114.9 70.6 91.3 128.4 132.2 70.0 90.6 151.5 127.5 71.4 92.2 144.9 115.5 71.0 87 7 129.6 103.4 70 4 90 9 112.9 100.4 69 6 89 9 109.4 92.6 70 6 9? 5 98.3 78.8 70 4 9? 7 79.7 93.2 68 1 98.8 79.1 84.0 78.0 90.2 112.1 137.0 141.0 140.8 140.7 141.8 141.6 141.2 141.4 141.9 141.8 141.4 142.3 143.0 143.1 142.9 133.5 128.5 345.8 116.7 134.5 132.8 386.1 116.9 135.4 132.5 372.1 117.0 136.3 133.2 391.2 117.1 136.0 133.8 391.7 117.2 134.6 133.9 391.1 116.9 134.8 134.7 391.0 116.6 135.6 134.7 391.1 116.5 133.6 133.9 391.1 116.2 132.8 132.4 398.3 116.2 131.4 131.8 398.3 116.1 131.7 131.5 391.7 116.5 132.0 132.2 391.8 115.2 132.9 132.3 392.1 115.5 133.8 132.0 407.9 115.7 125.7 125.8 125.9 125.8 125.7 125.9 126.1 125.9 125.9 125.9 125.4 125.3 125.3 125.5 125.1 158.1 143.3 145.8 156.1 145.1 146.2 154.7 144.7 147.0 160.5 144.9 146.9 161.3 145.2 146.8 158.2 145.3 146.4 157.5 145.2 145.4 156.9 145.3 145.5 154.3 145.8 145.1 153.8 145.8 144.4 153.3 145.5 144.7 154.3 145.6 144.2 154.9 145.8 143.4 156.9 145.9 142.8 157.1 145.7 143.2 182.9 156.7 112.8 124.6 137.9 134.6 119.8 188.6 158.4 105.3 125.9 141.2 136.0 116.1 188.4 161.4 114.1 127.4 142.8 135.6 116.8 188.8 160.4 120.9 126.6 142.9 136.0 116.9 188.4 160.0 116.9 126.4 142.6 135.7 116.5 188.6 158.8 103.8 126.5 141.9 135.9 116.1 188.9 156.3 106.8 126.0 142.1 135.9 115 8 188.8 156.4 115.4 125.2 141.3 136.4 115.2 189.2 156.0 93.8 125.6 141.0 136.7 114 7 189.6 155.4 87.2 125.3 140.2 137.1 114.3 189.5 154.0 75.3 125.4 140.0 136.8 114.0 192.0 153.6 77.9 125.6 140.3 136.9 113.7 192.3 154.5 79.6 124.5 140.8 136.8 113.5 192.3 154.8 89.0 124.8 140.7 136.2 114.4 192.2 156.0 100.2 124.8 140.5 136.5 114.7 130.3 131.0 131.2 131.1 131.1 131.1 131.1 131.1 131.0 131.0 131.1 131.1 131.3 131.4 131.4 117.5 117.9 118.0 118.0 118.1 118.1 118 0 117 8 117 7 117 8 117.8 117.8 117.4 117.7 117.6 108.3 136.8 107.0 137.8 107.5 138.1 107.4 137.4 107.3 137.1 106.9 137.3 106.4 137.2 106.4 137.2 106.5 138.5 106.6 138.5 106.6 137.9 107.2 137.7 107.1 137.8 106.8 137.9 106.5 137.7 126.2 127.2 126.9 127.3 127.4 127.2 127.4 127.5 127.1 127.6 127.8 128.2 128.4 128.4 128.1 130.9 132.3 132.2 132.5 132.5 132.7 132.3 132.6 132.6 132.1 132.3 132.5 132.9 132.9 133.1 119.4 135.2 122.6 147.7 102.3 123.1 143.4 130.5 157.3 110.2 122.7 141.3 125.9 155.4 108.9 123.0 141.3 125.6 156.4 109.0 123.2 141.3 130.3 156.6 109.0 123.3 145.4 131.8 157.6 110.9 123.4 145.4 132.0 159.1 111.2 123.6 145.4 140.9 158.6 111.3 123.8 145.4 134.0 159.8 111.5 124.0 145.4 131.2 158.5 111.3 123.3 145.4 129.7 155.3 111.3 123.4 145.4 129.6 158.0 111.2 123.3 145.4 129.5 159.0 111.3 123.2 145.4 128.7 164.4 111.3 123.8 145.4 128.7 160.2 111.3 Service industries: 42 43 44 45 46 120 Motor freight transportation and warehousing (06/93 = 100)..................... U.S. Postal Service (06/89 = 100)................... Water transportation (12/92 = 100).................. Transportation by air (12/92 = 100)................. Pipelines, except natural oas (12/92 - 100).... M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 37. Annual data: Producer Price Indexes, by stage of processing Index 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Finished goods 123.2 123.3 77.8 134.2 124.7 125.7 78.0 135.8 125.5 126.8 77.0 137.1 127.9 129.0 78.1 140.0 131.3 133.6 83.2 142.0 131.8 134.5 83.4 142.4 130.7 134.3 75.1 143.7 133.0 135.1 78.8 146.1 138.0 137.2 94.1 148.0 140.7 141.3 96.8 150.0 114.7 113.9 84.3 122.0 116.2 115.6 84.6 123.8 118.5 118.5 83.0 127.1 124.9 119.5 84.1 135.2 125.7 125.3 89.8 134.0 125.6 123.2 89.0 134.2 123.0 123.2 80.8 133.5 123.2 120.8 84.3 133.1 129.2 119.2 101.7 136.6 129.7 124.3 104.1 136.4 100.4 105.1 78.8 94.2 102.4 108.4 76.7 94.1 101.8 106.5 72.1 97.0 102.7 105.8 69.4 105.8 113.8 121.5 85.0 105.7 111.1 112.2 87.3 103.5 96.8 103.9 68.6 84.5 98.2 98.7 78.5 91.1 120.6 100.2 122.1 118.0 121.3 106.2 122.8 101.8 Intermediate materials, supplies, and components Crude materials for further processing O ther.................................................................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Ju n e 2002 121 Current Labor Statistics: 38. Price D ata U.S. export price indexes by Standard International Trade Classification [2000 = 100] SITC 2002 2001 Industry Dec. Jan. Feb. Mar. 100.9 99.2 105.2 99.7 101.2 97.8 107.2 100.6 102.7 93.1 108.4 110.5 100.0 91.3 106.0 102.4 100.3 93.2 105.4 102.5 100.6 92.0 105.2 103.7 87.1 89.8 89.7 77.7 84.5 82.7 86.3 89.1 88.7 77.4 82.0 81.4 87.1 90.9 88.0 77.2 84.0 81.3 87.1 91.6 88.1 75.8 85.3 84.9 86.9 89.4 87.6 73.9 86.6 87.0 87.7 92.0 87.2 74.1 86.2 87.3 89.7 93.8 87.3 77.1 86.8 91.7 103.3 108.8 103.6 93.4 108.9 88.4 88.3 108.9 80.9 82.4 108.8 74.6 87.1 109.5 80.1 84.3 109.7 76.5 89.8 110.8 83.6 99.7 111.4 95.8 94.1 100.8 99.0 90.0 96.9 98.7 93.8 101.1 99.1 88.6 97.2 99.0 93.8 100.9 99.0 89.2 95.9 98.6 93.6 100.9 98.9 88.5 95.8 98.7 92.8 100.9 98.8 86.5 95.8 97.6 92.2 101.1 97.5 85.4 95.9 98.1 92.3 100.8 97.1 85.8 95.7 97.6 93.2 100.5 97.6 87.6 95.8 98.0 94.7 100.3 97.5 89.9 95.1 97.5 99.1 100.5 98.4 101.0 98.2 101.0 97.3 100.6 96.6 100.5 96.7 100.9 97.3 100.4 97.2 100.4 96.7 100.8 97.4 101.1 97.4 100.8 98.0 95.1 100.8 97.0 95.1 101.0 93.0 95.6 101.1 90.2 95.1 101.1 86.9 95.2 101.4 81.8 95.2 102.1 83.1 95.3 101.7 85.3 94.1 101.4 85.9 92.5 102.1 85.1 93.1 101.9 86.5 100.4 102.3 100.3 100.3 102.3 100.3 100.2 102.4 99.6 100.0 102.8 99.5 100.0 103.0 99.5 99.7 103.1 100.6 99.7 104.1 100.5 99.6 104.0 100.5 99.3 104.6 100.7 99.3 104.4 100.8 99.5 104.6 101.1 99.5 104.6 101.4 101.3 97.7 101.3 96.9 101.3 95.9 101.8 95.6 101.8 94.8 101.9 94.8 101.8 94.6 101.9 94.2 101.7 92.9 102.1 92.5 102.0 92.9 102.2 93.1 102.2 92.5 Road vehicles.................................................................... 99.8 98.7 100.2 99.7 98.7 100.2 99.8 98.3 100.2 99.8 97.8 100.3 98.7 97.7 100.2 98.5 97.6 100.2 98.0 95.9 100.3 98.0 95.9 100.2 97.7 95.9 100.3 97.9 94.8 100.1 97.5 94.6 100.2 97.5 94.7 100.3 97.8 94.8 100.3 87 Professional, scientific, and controlling instrum ents and apparatus............................................. 100.6 100.8 100.9 100.8 100.8 100.9 101.0 100.9 100.9 100.8 I 101.1 101.2 101.1 Rev. 3 Aug. Sept. Oct. Apr. May June July 0 Food and live anim als......................................................... Meat and meat preparations............................................. 01 Cereals and cereal preparations...................................... 04 Vegetables, fruit, and nuts, prepared fresh or dry........... 05 101.9 105.2 104.2 99.8 101.2 106.2 104.3 97.4 101.1 106.1 102.6 98.6 101.8 105.7 102.2 101.7 102.6 106.4 104.5 102.4 103.3 107.8 106.4 100.8 102.7 107.8 103.9 102.1 2 Crude materials, inedible, except fuels........................... Oilseeds and oleaginous fruits.......................................... 22 24 Cork and wood................................................................... Pulp and waste paper....................................................... 25 Textile fibers and their waste........................................... 26 Metalliferous ores and metal scrap.................................. 28 94.5 89.7 94.1 88.2 93.5 92.6 93.3 91.0 93.1 82.3 92.5 91.6 92.6 95.6 92.8 80.6 90.9 91.0 92.4 102.5 93.4 78.2 90.4 87.8 91.1 104.3 92.9 76.6 89.3 86.2 89.5 99.0 90.2 77.3 87.7 85.1 Petroleum, petroleum products, and related materials... 104.8 106.4 102.7 106.8 106.6 106.1 103.2 106.9 101.8 96.7 106.8 93.7 97.5 107.9 95.2 5 Chem icals and related products, n.e.s............................ Medicinal and pharmaceutical products.......................... 54 Essential oils; polishing and cleaning preparations......... 55 Plastics in primary form s.................................................. 57 Plastics in nonprimary forms............................................. 58 Chemical materials and products, n.e.s........................... 59 98.1 99.6 99.8 96.1 97.6 99.3 96.9 99.5 99.7 94.9 97.0 98.9 96.2 99.5 99.7 93.9 97.4 99.1 94.9 100.2 99.1 91.2 98.0 98.7 6 Manufactured goods classified chiefly by m aterials.... Rubber manufactures, n.e.s.............................................. 62 Paper, paperboard, and articles of paper, pulp, 64 and paperboard............................................................... Nonmetallic mineral manufactures, n.e.s........................ 66 Nonferrous metals............................................................ 68 99.9 99.7 99.7 99.8 99.5 99.8 98.1 100.3 101.6 98.0 100.4 100.0 100.5 102.3 100.3 32 33 7 Machinery and transport equipm ent................................ 72 74 75 76 77 78 Nov. General industrial machines and parts, n.e.s., Computer equipment and office machines..................... Telecommunications and sound recording and reproducing apparatus and equipment......................... 122 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 Apr. 39. U.S. import price indexes by Standard International Trade Classification [20 0 0 = 100] SITC Rev. 3 0 01 M e a t a n d m e a t p r e p a r a t io n s ............................................................. 03 F is h a n d c r u s t a c e a n s , m o llu s k s , a n d o th e r 05 07 V e g e t a b le s , fru it, a n d n u ts , p r e p a r e d fr e s h o r d r y ............. a q u a t ic i n v e r t e b r a t e s ........................................................................... 2002 2001 Industry Apr. May June 98 4 104.4 97 3 106.3 96 0 95 1 94 9 95 1 94 7 95 1 Q4 8 106.2 109.3 108.9 113.5 114.8 118.0 91.2 102.9 90.0 97.6 87.0 98.4 8 6 .8 1 0 1 .1 98.2 86.3 98.5 84.6 99.1 82.8 101.5 90.7 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. 109.8 105.5 107.4 109.8 1 1 0 .1 82.9 99.3 82.3 106.8 82.0 98.1 80.4 104.0 79.7 104.9 78.8 83.3 88.5 103.2 102.5 102.3 108.1 C o f f e e , t e a , c o c o a , s p ic e s , a n d m a n u f a c t u r e s 89.6 87.4 85.8 81.2 78.8 80.1 77.3 77.2 78.5 77.5 100.6 1 0 2 .0 1 -2 n 102 7 102 6 103 0 102 Q 102.7 101 7 102.4 102 1 1 0 1 .0 101 7 102.4 102.4 102.4 1 0 2 .6 1 0 2 .6 103.1 103.2 95 0 98 1 102 8 96 4 95 8 Q6 6 104.9 92.4 95.5 94.9 1 2 2 .1 109.6 79.3 93.1 81.0 97.5 87.1 93.9 92.9 108.2 83.5 94.4 80.8 1 1 2 .2 C r u d e a n im a l a n d v e g e t a b le m a t e r ia ls , n .e .s ......................... 94.7 98.3 96.5 86.5 89.8 93.1 91.7 77 7 91.2 96.0 3 Mineral fuels, lubricants, and related products............. 33 P e t r o le u m , p e tr o le u m p ro d u c ts , a n d r e la t e d m a t e r ia ls ... 34 G a s , n a t u r a l a n d m a n u f a c t u r e d ...................................................... 90.2 85.8 119.0 93.1 90.0 113.7 90.4 89.3 97.4 94.4 84.4 82.8 85.6 85.8 8 6 .1 8 6 .8 80.9 77.8 72.3 73.0 65.7 65.0 63.0 75.9 5 Chemicals and related products, n.e.s............................ 52 In o r g a n ic c h e m ic a ls ................................................................................. 53 D y in g , t a n n in g , a n d c o lo rin g m a t e r ia ls ....................................... 54 M e d ic in a l a n d p h a r m a c e u t ic a l p r o d u c ts .................................... 55 E s s e n tia l o ils; p o lis h in g a n d c le a n in g p r e p a r a t io n s ............ 57 P la s tic s in p r im a r y f o r m s ...................................................................... 58 P la s tic s in n o n p r im a r y f o r m s ............................................................. 59 C h e m ic a l m a t e r ia ls a n d p ro d u c ts , n .e .s .................................... 1 0 2 .2 1 0 1 .6 104.0 100.8 96.9 99.0 101.1 103.8 100.9 101.2 100.2 96.7 98.7 101.1 103.6 100.1 100.5 100.1 98.1 96.7 98.4 102.1 102.4 99.9 99.3 99.4 95.6 99.0 98.1 102.1 100.7 99.1 98.4 98.0 95.7 97.3 98.1 100.5 100.7 99.0 98.3 98.1 96.3 97.0 99.7 99.7 99.3 99.0 98.8 99.4 97.1 97.5 99.8 99.8 97.8 98.9 96.8 97.3 99.7 99.8 6 Manufactured goods classified chiefly by materials.... 62 R u b b e r m a n u f a c t u r e s , n . e . s .............................................................. 64 P a p e r , p a p e r b o a r d , a n d a r tic le s o f p a p e r , p u lp , 99.1 99.4 98.2 99.4 98.0 99.0 96.8 98.8 95.0 98.7 a n d p a p e r b o a r d ...................................................................................... 104.7 99.6 99.6 100.1 103.7 99.7 96.1 100.0 102.7 99.4 95.3 100.1 101.7 99.3 91.0 99.3 98.7 99.5 98.5 99.2 98.5 99.1 98.8 94.1 98.3 93.9 t h e r e o f .......................................................................................................... 1 11 B e v e r a g e s ..................................................................................................... 2 24 25 28 29 Apr. C o r k a n d w o o d ........................................................................................... M e t a llif e r o u s o r e s a n d m e t a l s c r a p .............................................. 66 68 69 M a n u f a c t u r e s o f m e t a ls , n .e .s .......................................................... 7 Machinery and transport equipm ent................................ 72 74 M a c h in e r y s p e c ia liz e d fo r p a r tic u la r in d u s tr ie s ..................... N o n m e t a llic m in e r a l m a n u f a c t u r e s , n .e .s .................................. N o n f e r r o u s m e t a ls .................................................................................... 77 3 92.8 83.8 105.1 76 8 91.6 93.4 78 0 92.6 98.6 106.6 78 1 77 2 74 Q 73 4 91.4 92.2 92.7 91.7 93.7 92.3 95.0 90.5 61.2 59.8 68.7 64.0 62.6 70.8 65.2 65.6 58.2 76.4 77.4 64.8 87.1 86.7 97.7 97.0 97.8 97.1 100.1 98.6 100.8 96.1 96.7 97.1 97.4 96.3 99.9 97.1 100.6 95.2 96.3 97.8 97.2 96.0 99.8 91.5 100.6 93.6 8 6 .0 99.2 98.6 97.5 97.6 97.1 97.0 100.1 99.8 100.9 97.8 94.8 98.7 93.8 98.5 92.4 97.8 92.0 97.9 92.4 97.3 92.3 97.6 92.2 97.6 92.6 97.9 99.9 99.1 83.4 99.3 99.3 99.3 82.2 99.3 98 6 97.5 78.7 99.7 97 6 96 1 97.5 73.8 99.0 95 0 97.2 76.4 99.0 03 7 03 4 02 5 97.2 73.7 99.5 97.0 77.2 98.5 96.9 76.9 98.5 96.9 79.2 98.5 98.2 98.5 98.1 98.6 98.0 99.1 98.0 99.2 97.9 99.0 97.7 98.7 97.4 98.5 97.2 98.5 97.1 98.5 97.2 98.6 98.2 93.6 98.0 92.1 97.8 91.7 98.0 90.0 98.7 89.1 98.1 89.0 97.8 88.8 98.1 88.6 97.5 88.2 97.5 88.1 97.6 88.2 96.4 98.6 95.7 96.9 1,001.0 95.1 97.0 100.2 94.8 96.8 100.1 94.8 97.0 100.2 1 0 1 .6 1 0 1 .1 97.3 98.5 95.6 96.4 98.9 91.4 1 0 1 .8 94.5 G e n e r a l in d u s tria l m a c h in e s a n d p a r ts , n .e .s ., a n d m a c h in e p a r t s ................................................................................. 75 76 T e le c o m m u n ic a t io n s a n d s o u n d re c o r d in g a n d 77 78 R o a d v e h ic le s .............................................................................................. 97.3 99.3 99.9 97.1 99.2 99.7 97.2 98.8 99.8 97.3 98.9 99.7 97.1 98.7 88.7 96.8 98.6 100.0 96.5 98.7 100.3 1 0 0 .2 96.3 97.0 100.3 85 F o o t w e a r ......................................................................................................... 100.4 100.2 100.1 100.1 100.5 100.4 99.9 99.9 100.3 99.3 99.6 99.5 99.0 88 P h o to g r a p h ic a p p a r a t u s , e q u ip m e n t , a n d s u p p lie s , 98.9 98.8 98.5 97.9 97.9 98.2 98.6 98.5 98.4 97.7 97.3 97.2 97.2 June 2002 123 C o m p u t e r e q u ip m e n t a n d o ffic e m a c h in e s .............................. r e p r o d u c in g a p p a r a t u s a n d e q u ip m e n t ................................... E le c tric a l m a c h in e r y a n d e q u ip m e n t ............................................ a n d o p tic a l o o o d s , n .e .s ..................................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Current Labor Statistics: 40. [2000 Price D ata U.S. export price indexes by end-use category = 100] 2001 Category Apr. May 2002 June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. ALL COMMODITIES.......................................................... 99.9 99.6 99.4 99.0 98.8 99.0 98.3 97.8 97.6 97.5 97.3 97.6 98.0 Foods, feeds, and beverages....................................... Agricultural foods, feeds, and beverages................. Nonagricultural (fish, beverages) food products..... 100.2 100.6 97.0 99.8 100.6 92.7 100.4 101.2 92.6 101.7 102.4 94.8 102.6 104.0 90.2 102.6 103.6 92.9 101.2 102.2 91.9 99.7 100.7 90.9 100.6 101.6 90.4 102.0 102.6 96.3 98.9 99.4 94.5 99.5 99.8 96.5 100.1 100.7 94.0 Industrial supplies and materials................................... 98.7 98.0 97.2 95.5 94.8 95.2 93.6 92.3 91.4 91.5 91.4 91.9 93.5 Agricultural industrial supplies and materials........... 101.7 102.1 99.3 98.5 97.2 96.8 93.8 92.1 93.3 92.3 92.9 93.8 94.4 Fuels and lubricants..................................................... Nonagricultural supplies and materials, excluding fuel and building materials...................... Selected building materials........................................ . 103.9 106.0 102.8 96.9 97.6 103.2 93.6 88.5 83.5 85.6 83.8 85.6 90.4 97.8 96.8 96.5 96.3 96.1 97.0 94.9 97.0 94.0 96.8 93.8 95.5 93.4 95.1 92.8 94.4 92.3 94.1 92.3 94.4 92.2 94.4 92.7 94.3 94.0 94.1 Capital goods................................................................... Electric and electrical generating equipment........... Nonelectrical machinery............................................. 100.5 101.3 99.5 100.4 101.7 99.4 100.3 101.7 99.1 100.2 101.8 98.9 100.0 101.5 98.6 100.0 101.6 98.6 99.7 101.6 98.2 99.7 101.6 98.1 99.4 101.5 97.7 99.1 102.1 97.2 99.2 102.0 97.3 99.4 102.1 97.5 99.4 101.9 97.5 Automotive vehicles, parts, and engines..................... 100.5 100.5 100.4 100.5 100.5 100.4 100.5 100.4 100.5 100.7 100.8 100.9 100.9 Consumer goods, excluding automotive...................... Nondurables, manufactured....................................... Durables, manufactured.............................................. 99.5 98.9 100.1 99.4 98.9 99.9 99.4 99.0 100.0 99.5 98.9 100.2 99.5 98.9 100.2 99.7 99.1 100.4 99.7 99.0 100.6 99.8 99.1 100.5 99.9 99.1 100.5 99.5 98.2 100.6 99.1 98.2 99.9 99.1 98.2 99.6 98.9 98.2 99.0 Agricultural commodities................................................. Nonagricultural commodities.......................................... 100.8 99.8 100.8 99.5 100.9 99.3 101.8 98.8 102.8 98.5 102.5 98.6 100.7 98.1 99.2 97.7 100.2 97.3 100.9 97.2 98.3 97.2 98.8 97.5 99.6 97.8 Dec. Jan. 41. U.S. import price indexes by end-use category 2000 = 100] [ 2001 Category Apr. 2002 May June July Aug. Sept. Oct. Nov. Feb. Mar. Apr. ALL COMMODITIES.......................................................... 97.8 98.0 97.6 96.1 96.0 95.9 93.7 92.3 91.4 91.6 91.6 92.8 94.3 Foods, feeds, and beverages....................................... Agricultural foods, feeds, and beverages................. Nonagricultural (fish, beverages) food products..... 97.0 98.9 3.1 96.6 98.4 92.9 95.4 97.0 92.2 94.4 96.7 89.7 94.5 96.9 89.5 95.0 97.8 89.2 94.5 97.8 87.8 95.2 99.5 86.4 94.6 98.3 86.8 95.7 99.8 87.0 93.8 97.2 86.8 95.0 99.5 85.5 95.9 100.9 85.1 Industrial supplies and materials................................... 95.4 96.5 95.5 91.4 91.0 91.0 84.3 79.9 77.6 79.1 79.8 84.9 90.3 Fuels and lubricants..................................................... Petroleum and petroleum products....................... 90.4 86.2 93.4 90.3 90.9 89.4 84.8 84.6 86.0 86.1 86.1 86.7 72.9 73.4 65.7 63.6 61.6 59.9 64.5 63.0 65.9 65.7 76.4 76.9 87.1 86.7 Paper and paper b ase stocks.................................... Materials associated with nondurable supplies and materials............................................... Selected building materials......................................... Unfinished metals associated with durable goods... Nonmetals associated with durable goods............... 104.6 102.2 100.0 98.0 95.1 93.9 93.1 92.3 90.7 90.0 88.8 88.0 87.0 102.2 93.9 96.9 101.2 101.4 100.1 94.2 100.9 100.3 111.1 93.6 100.6 98.6 103.0 91.4 100.1 98.0 102.9 87.4 100.2 97.9 103.7 87.1 100.4 98.0 99.9 85.1 99.9 96.7 96.1 82.1 98.9 96.2 92.9 82.1 99.0 96.3 93.1 83.2 98.4 96.0 96.1 83.8 97.7 95.9 100.7 83.8 97.2 97.4 101.0 86.2 97.6 Capital goods................................................................... Electric and electrical generating equipment........... Nonelectrical machinery............................................. 98.0 101.6 97.1 97.8 101.8 96.9 97.7 101.8 96.7 97.3 101.6 96.2 97.1 101.3 96.0 96.8 101.4 95.6 96.7 101.4 95.4 96.5 101.2 95.3 96.2 100.6 94.9 95.7 97.3 94.8 95.4 96.7 94.5 95.2 95.5 94.4 95.2 95.3 94.5 Automotive vehicles, parts, and engines..................... 100.0 99.8 99.8 99.7 99.6 99.9 100.1 100.0 100.1 99.8 100.1 99.9 100.1 Consumer goods, excluding automotive...................... Nondurables, manufactured....................................... Durables, manufactured.............................................. Nonmanufactured consumer goods.......................... 99.5 100.1 99.1 98.2 99.5 100.0 99.0 99.6 99.3 99.8 98.9 99.2 99.2 100.0 98.6 97.6 99.2 100.0 98.6 97.4 99.1 99.6 98.7 97.9 98.9 99.6 98.4 95.8 98.8 99.6 98.3 95.7 98.7 99.7 98.0 96.4 98.7 99.8 97.8 95.8 98.4 99.7 97.4 95.7 98.2 99.2 97.3 96.1 98.1 99.1 97.3 95.8 42. U.S. international price Indexes for selected categories of services [2000 = 100] 2000 Category Mar. June 2001 Sept. Dec. Mar. June 2002 Sept. Dec. Mar. Air freight (inbound)............................................................ Air freight (outbound).......................................................... 100.7 99.2 100.1 100.3 100.2 100.2 99.0 100.2 97.9 100.1 95.1 98.0 94.9 97.6 95.2 97.9 93.8 95.3 Air passenger fares (U.S. carriers)................................... Air passenger fares (foreign carriers).............................. Ocean liner freight (inbound)............................................ 95.8 97.1 96.6 101.2 102.1 101.3 103.1 103.2 101.1 99.9 97.6 101.0 101.9 100.7 102.8 106.4 103.8 100.8 107.6 110.2 98.1 103.5 100.8 93.6 103.3 99.4 91.7 124 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 43. Indexes of productivity, hourly compensation, and unit costs, quarterly data seasonally adjusted [1992 = 100] Item 1999 2000 2001 2002 I II III IV I II III IV I II III IV 1 112.7 123.1 106.6 109.2 114.5 111.2 112.4 124.4 106.9 110.7 112.6 111.4 113.3 126.1 107.5 111.3 112.3 111.7 115.3 127.3 107.7 110.4 114.8 112.0 115.3 129.3 108.4 112.2 114.2 112.9 117.5 132.1 110.0 113.5 115.1 113.5 117.8 134.3 110.8 114.0 113.8 113.9 118.7 137.4 112.5 115.8 112.0 114.4 118.6 139.1 112.8 117.3 111.7 115.2 119.3 140.9 113.4 118.1 111.5 115.7 119.5 142.1 114.1 118.9 111.7 116.2 121.1 142.9 114.9 119.1 112.0 115.8 123.6 143.8 115.6 116.4 114.8 115.8 112.2 122.2 105.8 109.0 116.0 111.5 111.8 123.5 106.1 110.4 114.2 111.8 112.7 125.1 106.8 111.1 114.0 112.1 113.8 126.6 107.1 110.2 116.5 112.5 113.8 128.7 107.9 112.1 115.9 113.5 116.7 131.2 109.2 112.5 116.7 114.0 117.2 133.6 110.2 114.0 115.3 114.5 117.8 136.5 111.8 115.8 113.4 114.9 117.8 138.1 112.0 117.2 113.1 115.7 118.4 139.7 112.4 118.0 112.9 116.1 118.7 141.0 113.2 118.7 112.9 116.1 120.2 141.8 114.0 117.9 113.9 116.4 115.8 122.8 142.7 114.7 116.2 116.4 114.5 119.1 103.1 103.7 104.1 102.8 141.6 112.7 106.9 114.7 120.4 103.5 104.5 104.9 103.4 135.4 111.6 107.1 115.4 121.9 104.0 105.4 105.6 105.0 128.0 110.8 107.4 116.4 123.2 104.2 105.6 105.8 105.1 131.3 111.8 107.8 117.2 125.0 104.8 106.5 106.6 106.2 135.1 113.6 108.9 118.8 127.6 106.1 107.1 107.4 106.5 139.3 114.8 109.8 119.6 129.7 107.0 108.1 108.5 107.1 135.8 114.4 110.5 119.8 132.7 108.7 110.0 110.8 107.8 120.5 111.0 110.9 119.9 134.5 109.1 111.4 112.2 109.3 111.1 109.8 111.4 120.9 136.5 109.9 112.5 112.9 111.2 107.4 110.2 112.0 121.2 138.1 110.9 114.0 114.0 114.2 99.6 110.4 112.8 124.4 139.4 112.5 111.9 112.0 111.6 111.6 111.6 111.9 127.6 119.8 103.7 93.9 128.3 121.2 104.2 94.4 129.6 123.0 104.9 94.9 132.7 124.5 105.4 93.8 135.2 126.3 105.9 93.4 137.2 128.6 107.0 93.8 138.3 2‘138.3 131.9 135.9 108.8 111.3 95.4 97.6 138.3 137.9 111.8 99.7 138.1 140.0 112.6 101.3 139.0 141.2 113.4 101.5 140.4 142.0 114.2 101.2 Business Output per hour of all persons......................................... Compensation per hour..................................................... Real compensation per hour............................................ Unit labor costs................................................................... Unit nonlabor paym ents..................................................... Implicit price deflator........................................................... Nonfarm business Output per hour of all persons.......................................... Compensation per hour..................................................... Real compensation per hour............................................. Unit labor costs........................................................ Unit nonlabor paym ents..................................................... Implicit price deflator........................................................ Nonfinancial corporations Output per hour of all em ployees..................................... Compensation per hour..................................................... Real com pensation per hour............................................. Total unit costs................................................................. Unit labor costs.......................................................... Unit nonlabor costs....................................................... Unit profits............................................................ Unit nonlabor paym ents..................................................... Implicit price deflator........................................................... _ _ _ _ - Manufacturing Output per hour of all persons.......................................... Compensation per hour..................................................... Real compensation per hour............................................. Unit labor costs............................................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review June 2002 143.9 142.9 114.9 99.3 125 Current Labor Statistics: 44. Productivity Data Annual indexes of multifactor productivity and related measures, selected years [1996 = 100, unless otherwise indicated] Item 1960 1970 1980 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 Private business Productivity: Output per hour of all persons................................. Output per unit of capital services................................. Multifactor productivity................................................ Output................................................................ Inputs: Labor input.................................................... Capital services................................................. Combined units of labor and capital input.................... Capital per hour of all persons................................. 45.6 110.4 65.2 27.5 63.0 111.1 80.0 42.0 75.8 101.5 88.3 59.4 90.2 99.3 95.3 83.6 91.3 96.1 94.4 82.6 94.8 97.7 96.6 85.7 95.4 98.5 97.1 88.5 96.6 100.3 98.1 92.8 97.3 99.7 98.4 95.8 100.0 100.0 100.0 100.0 102.0 100.5 101.1 105.2 104.8 100.1 102.6 110.6 104.8 100.1 102.6 110.6 54.0 24.9 42.3 41.3 61.0 37.8 52.4 56.7 71.9 58.6 67.3 74.7 89.4 84.2 87.7 90.8 88.3 86.0 87.5 95.0 89.3 87.7 97.0 91.8 89.8 91.1 96.8 95.6 92.6 94.6 96.3 98.0 96.0 97.3 97.6 100.0 100.0 100.0 100.0 103.7 104.7 104.0 101.5 106.4 110.4 107.7 104.7 106.4 110.4 107.7 104.7 48.7 120.1 69.1 27.2 64.9 118.3 82.6 41.9 77.3 105.7 90.5 59.6 90.3 100.0 95.6 83.5 91.4 96.6 94.7 82.5 94.8 97.9 96.6 85.5 95.3 98.8 97.1 88.4 96.5 100.3 98.1 92.6 97.5 99.9 98.6 95.8 100.0 100.0 100.0 100.0 101.7 100.2 100.9 105.1 104.5 99.8 102.4 110.6 104.5 99 8 102.4 110.6 50.1 22.6 39.3 40.5 59.3 35.5 50.7 54.8 70.7 56.4 65.9 73.1 89.2 83.5 87.3 90.3 88.0 85.4 87.1 94.7 89.0 87.3 88.4 96.8 91.8 89.5 91.0 96.5 95.4 92.3 94.4 96.3 97.8 95.9 97.2 97.6 100.0 100.0 100.0 100.0 103.8 104.9 104.2 101.5 106.6 110.8 108.0 104.7 106.6 110.8 108.0 104.7 41.8 124.3 72.7 38.5 54.2 116.5 84.4 56.5 70.1 100.9 86.6 75.3 92.8 101.6 99.3 97.3 95.0 97.5 98.3 95.4 100.0 100.0 100.0 100.0 101.9 101.1 100.4 103.3 105.0 104.0 102.6 108.7 109.0 105.0 105.0 113.4 112.8 104.5 106.1 116.9 117.1 105.6 109.8 123.5 124.3 106.5 113.2 130.7 124.3 106.5 113.2 130.7 92.0 30.9 51.3 38.2 28.2 52.9 104.2 48.5 85.4 44.8 48.8 67.0 107.5 74.7 92.5 75.0 73.7 87.0 104.8 95.8 99.9 92.5 92.5 98.0 100.4 97.9 100.1 93.6 92.1 97.0 100.0 100.0 100.0 100.0 100.0 100.0 101.4 102.2 103.7 105.7 103.0 102.9 103.6 104.5 107.3 111.3 105.1 106.0 104.0 108.0 109.5 112.8 110.0 107.9 103.7 111.9 107.0 120.4 108.9 110.2 105.5 116.9 103.9 120.4 114.2 112.5 105.2 122.8 109.2 127.2 116.8 115.5 105.2 122.8 109.2 127.2 116.8 115.5 88.8 Private nonfarm business Productivity: Output per hour of all persons.................................... Output per unit of capital services................................. Multifactor productivity............................................ Output........................................................ Inputs: Labor input..................................................... Capital services.................................................... Combined units of labor and capital input.................... Capital per hour of all persons....................................... Manufacturing (1992 =100) Productivity: Output per hour of all persons......................................... Output per unit of capital services................................. Multifactor productivity................................................... Output................................................................... Inputs: Hours of all persons..................................................... Capital services......................................................... Energy...................................................... Nonenergy materials................................................. Purchased business services...................................... Combined units of all factor inputs................................. 126 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 45. Annual indexes of productivity, hourly compensation, unit costs, and prices, selected years [1992= 100] Item 1960 1970 1980 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 Business Output per hour of all persons.......................................... Compensation per hour..................................................... Real compensation per hour............................................ Unit labor c osts.................................................................... Unit nonlabor paym ents..................................................... Implicit price deflator.......................................................... 48.8 13.7 60.0 28.0 25.2 27.0 67.0 23.5 78.9 35.1 31.6 33.9 80.4 54.2 89.4 67.4 61.5 65.2 95.2 90.7 96.5 95.3 93.9 94.8 100.5 102.5 99.9 101.9 102.5 102.2 101.9 104.5 99.7 102.6 106.4 104.0 102.6 106.7 99.3 104.1 109.4 106.0 105.4 110.1 99.7 104.5 113.3 107.7 107.8 113.5 100.6 105.3 117.1 109.7 110.8 119.6 104.6 108.0 115.1 110.6 113.8 125.1 107.1 109.9 115.1 111.8 116.9 132.8 110.1 113.6 113.9 113.7 119.6 141.2 114.2 118.1 111.8 115.8 51.9 14.3 62.8 27.5 24.6 26.5 68.9 23.7 79.5 34.4 31.3 33.3 82.0 54.6 90.0 66.5 60.5 64.3 95.3 90.5 96.3 95.0 93.6 94.5 100.5 102.2 99.6 101.7 103.0 102.2 101.8 104.3 99.5 102.5 106.9 104.1 102.8 106.6 99.2 103.7 110.4 106.1 105.4 109.8 99.4 104.2 113.5 107.6 107.5 113.1 100.2 105.2 118.0 109.8 110.4 119.0 104.0 107.7 116.3 110.8 113.2 124.2 106.4 109.7 116.8 112.3 116.2 132.0 109.4 113.6 115.4 114.2 118.8 140.1 113.3 117.9 113.3 116.2 55.4 15.6 68.3 26.8 28.1 23.3 50.2 30.2 28.8 70.4 25.3 84.7 34.8 35.9 31.9 44.4 35.1 35.6 81.1 56.4 93.1 68.4 69.6 65.1 68.8 66.0 68.4 95.4 90.8 96.7 95.9 95.2 98.0 94.3 97.1 95.8 100.7 102.0 99.5 101.0 101.3 100.2 113.2 103.5 102.1 103.1 104.2 99.4 101.1 101.0 101.3 131.7 109.0 103.7 104.2 106.2 98.8 102.0 101.9 102.2 139.0 111.6 105.1 107.5 109.0 98.7 101.2 101.4 100.6 152.2 113.8 105.5 108.4 110.3 97.8 101.5 101.8 100.9 156.9 115.2 106.2 112.3 115.9 101.3 102.6 103.2 101.2 148.9 113.4 106.6 116.2 121.1 103.7 103.7 104.2 102.5 147.6 114.0 107.4 119.9 128.3 106.4 106.7 107.0 105.6 131.0 112.1 108.7 121.6 137.1 110.9 112.4 112.8 111.6 107.4 110.5 112.0 41.8 14.9 65.2 35.6 26.8 30.2 54.2 23.7 79.5 43.8 29.3 34.9 70.1 55.6 91.7 79.3 80.2 79.8 92.8 90.8 96.6 97.8 99.7 99.0 101.9 102.7 100.2 100.8 100.9 100.9 105.0 105.6 100.8 100.7 102.8 102.0 109.0 107.9 100.4 99.0 106.9 103.9 112.8 109.3 99.0 96.9 109.9 104.9 117.1 111.4 98.8 95.1 109.6 104.0 124.3 117.3 102.6 94.4 104.4 100.5 129.6 122.0 104.5 94.1 105.5 101.1 137.5 130.7 108.8 95.1 139.0 140.2 113.4 100.9 - - June 2002 127 Nonfarm business Output per hour of all persons.......................................... Compensation per hour..................................................... Real com pensation per hour............................................. Unit labor costs.................................................................... Unit nonlabor paym ents..................................................... Implicit price deflator.......................................................... Nonfinancial corporations Output per hour of all em ployees..................................... Compensation per hour..................................................... Real compensation per hour............................................. Total unit costs.................................................................... Unit labor costs.................................................................. Unit nonlabor costs........................................................... Unit profits............................................................................. Unit nonlabor paym ents..................................................... Implicit price deflator........................................................... Manufacturing Output per hour of all persons.......................................... Compensation per hour..................................................... Real com pensation per hour............................................. Unit labor costs.................................................................... Unit nonlabor paym ents..................................................... Implicit price deflator........................................................... _ _ Dash indicates data not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M onthly Labor Review Current Labor Statistics: 46. Productivity Data Annual indexes of output per hour for selected 3-digit SIC industries [ 1987= 100] Industry SIC 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 102 104 122 131 142 102.7 122.3 118.7 97.0 102.2 100.5 127.4 122.4 97.9 99.8 115.2 141.6 133.0 102.1 105.0 118.1 159.8 141.2 105.9 103.6 126.0 160.8 148.1 112.4 108.7 117.2 144.2 155.9 119.4 105.4 116.5 138.3 168.0 123.9 107.2 118.9 158.5 176.6 125.2 112.6 118.3 187.6 188.0 127.5 110.2 110.0 197.5 194.9 134.5 105.0 122.6 239.9 207.0 142.5 101.9 Meat products.................................................... Dairy products........................................................... Preserved fruits and vegetables............................... Grain mill products..................................................... Bakery products........................................................... 201 202 203 204 205 97.1 107.3 95.6 105.4 92.7 99.6 108.3 99.2 104.9 90.6 104.6 111.4 100.5 107.8 93.8 104.3 109.6 106.8 109.2 94.4 101.2 111.8 107.6 108.4 96.4 102.3 116.4 109.1 115.4 97.3 97.4 116.0 109.2 108.0 95.6 102.5 119.3 110.7 118.2 99.1 102.3 119.3 117.8 126.2 100.9 101.8 112.7 120.4 129.3 106.4 102.9 113.5 123.5 127.5 107.6 Sugar and confectionery products........................... Fats and oils............................................................... B everages.................................................................... Miscellaneous food and kindred products............... C igarettes..................................................................... 206 207 208 209 211 103.2 118.1 117.0 99.2 113.2 102.0 120.1 120.0 101.7 107.6 99.8 114.1 127.1 101.5 111.6 104.5 112.6 126.4 105.2 106.5 106.2 111.8 130.1 100.9 126.6 108.3 120.3 133.5 102.9 142.9 113.7 110.1 135.0 109.1 147.2 116.7 120.2 135.5 104.0 147.2 123.0 137.3 136.4 112.4 152.2 127.0 154.4 129.7 113.9 137.7 130.5 151.4 128.6 116.3 139.1 Broadwoven fabric mills, cotton................................ Broadwoven fabric mills, m anm ade......................... Narrow fabric mills...................................................... Knitting mills................................................................ Textile finishing, except wool.................................... 221 222 224 225 226 103.1 111.3 96.5 107.5 83.4 111.2 116.2 99.6 114.0 79.9 110.3 126.2 112.9 119.3 78.6 117.8 131.7 111.4 127.9 79.3 122.1 142.5 120.1 134.1 81.2 134.0 145.3 118.9 138.3 78.5 137.3 147.6 126.3 150.3 79.2 131.2 162.2 110.8 138.0 94.3 136.2 168.6 117.7 135.9 93.7 139.3 175.3 124.9 146.6 94.4 140.2 167.4 117.1 155.6 97.2 Carpets and rugs..................................................... Yarn and thread mills................................................. M iscellaneous textile goods....................................... Men's and boys' furnishings....................................... W omen's and misses' outerwear.............................. 227 228 229 232 233 93.2 110.2 109.2 102.1 104.1 89.2 111.4 104.6 108.4 104.3 96.1 119.6 106.5 109.1 109.4 97.1 126.6 110.4 108.4 121.8 93.3 130.7 118.5 111.7 127.4 95.8 137.4 123.7 123.4 135.5 100.2 147.4 123.1 134.7 141.6 100.3 150.4 118.7 162.1 149.9 102.3 153.0 120.1 174.8 151.9 96.0 157.6 128.0 190.9 173.9 103.0 155.4 134.4 200.3 189.9 W omen's and children's undergarm ents................. Hats, caps, and millinery............................................ M iscellaneous apparel and accessories................. Miscellaneous fabricated textile products Sawmills and planing mills......................................... 234 235 238 239 242 102.1 89.2 90.6 99.9 99.8 113.7 91.1 91.8 100.7 102.6 117.4 93.6 91.3 107.5 108.1 124.5 87.2 94.0 108.5 101.9 138.0 77.7 105.5 107.8 103.3 161.3 84.3 116.8 109.2 110.2 174.5 82.2 120.1 105.6 115.6 208.9 87.1 101.5 119.2 116.9 216.4 98.7 108.0 117.3 118.7 294.7 99.3 105.8 128.8 125.4 352.3 106.1 111.3 132.5 124.4 Millwork, plywood, and structural members............ Wood containers......................................................... Wood buildings and mobile hom es........................... Miscellaneous wood products.................................... Household furniture..................................................... 243 244 245 249 251 98.0 111.2 103.1 107.7 104.5 98.0 113.1 103.0 110.5 107.1 99.9 109.4 103.1 114.2 110.5 97.0 100.1 103.8 115.3 110.6 94.5 100.9 98.3 111.8 112.5 92.7 106.1 97.0 115.4 116.9 92.4 106.7 96.7 114.4 121.6 89.1 106.2 100.3 123.4 121.3 91.3 106.5 99.2 131.2 125.7 89.2 103.9 100.3 140.7 128.9 91.4 104.6 94.6 146.5 128.4 Office furniture............................................................. Public building and related furniture........................ Partitions and fixtures................................................. Miscellaneous furniture and fixtures......................... Pulp mills....................................................................... 252 253 254 259 261 95.0 119.8 95.6 103.5 116.7 94.1 120.2 93.0 102.1 128.3 102.5 140.6 102.7 99.5 137.3 103.2 161.0 107.4 103.6 122.5 100.5 157.4 98.9 104.7 128.9 101.1 173.3 101.2 110.0 131.9 106.4 181.5 97.5 113.2 132.6 118.3 214.9 121.1 110.7 82.3 113.1 207.6 125.6 121.9 86.6 108.9 222.4 125.9 119.1 84.8 111.2 202.0 131.9 110.5 78.8 P aper mills.................................................................... Paperboard mills........................................................ Paperboard containers and boxes............................ Miscellaneous converted paper products................ N ew spapers......................................................... 262 263 265 267 271 102.3 100.6 101.3 101.4 90.6 99.2 101.4 103.4 105.3 85.8 103.3 104.4 105.2 105.5 81.5 102.4 108.4 107.9 107.9 79.4 110.2 114.9 108.4 110.6 79.9 118.6 119.5 105.1 113.3 79.0 111.6 118.0 106.3 113.6 77.4 112.0 126.7 109.7 119.5 79.0 114.8 127.8 113.5 123.0 83.6 126.2 134.9 111.9 126.0 86.0 133.5 135.3 112.9 128.3 88.3 Periodicals................................................................. Books......................................................... M iscellaneous publishing.......................................... Commercial printing.................................................... Manifold business forms............................................. 272 273 274 275 276 93.9 96.6 92.2 102.5 93.0 89.5 100.8 95.9 102.0 89.1 92.9 97.7 105.8 108.0 94.5 89.5 103.5 104.5 106.9 91.1 81.9 103.0 97.5 106.5 82.0 87.8 101.6 94.8 107.2 76.9 89.1 99.3 93.6 108.3 75.2 100.1 102.6 114.5 108.8 77.9 112.2 100.9 119.4 109.9 76.7 111.2 106.1 127.2 115.0 70.6 109.9 106.1 127.8 118.7 69.4 Greeting cards............................................................. Blankbooks and bookbinding.................................... Printing trade services................................................ Industrial inorganic chemicals................................... Plastics materials and synthetics............................. 277 278 279 281 282 100.6 99.4 99.3 106.8 100.9 92.7 96.1 100.6 109.7 100.0 96.7 103.6 112.0 109.7 107.5 91.4 98.7 115.3 105.6 112.0 89.0 105.4 111.0 102.3 125.3 92.5 108.7 116.7 109.3 128.3 90.8 114.5 126.2 110.1 125.3 92.2 114.2 123.3 116.8 135.4 104.1 116.5 126.7 145.8 142.2 109.3 123.8 121.5 148.5 148.6 105.1 126.2 119.6 141.3 151.0 Drugs.................................................................... S oaps, cleaners, and toilet goods............................ Paints and allied products......................................... Industrial organic chemicals....................................... Agricultural chemicals................................................. 283 284 285 286 287 103.8 103.8 106.3 101.4 104.7 104.5 105.3 104.3 95.8 99.5 99.5 104.4 102.9 94.6 99.5 99.7 108.7 108.8 92.2 103.8 104.6 111.2 116.7 99.9 105.0 108.7 118.6 118.0 98.6 108.5 112.5 120.9 125.6 99.0 110.0 112.4 126.4 126.4 111.3 119.8 104.3 122.7 126.8 105.7 118.0 105.6 114.8 122.7 120.6 104.6 106.2 124.8 124.6 127.8 112.0 Mining Copper ores............................................................... Gold and silver o res................................................... Bituminous coal and lignite mining........................... Crude petroleum and natural g a s ............................ Crushed and broken stone........................................ Manufacturing S ee footnotes at end of table. 128 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 46. Continued - Annual indexes of output per hour for selected 3-digit SIC industries [1987=100] 2000 1992 1993 1994 1995 1996 1997 1998 1999 96.1 106.6 94.1 90.6 102.4 101.8 111.3 100.4 101.5 107.8 107.1 120.1 108.0 104.2 116.5 105.7 123.8 104.9 96.3 124.1 107.8 132.3 111.2 87.4 131.1 110.1 142.0 113.1 87.1 138.8 120.3 149.2 123.1 96.5 149.1 120.8 155.8 124.7 98.5 144.1 123.3 170.2 123.4 86.5 142.1 125.6 180.2 126.1 82.9 145.9 96.1 109.0 105.7 101.1 84.5 92.4 109.9 108.3 94.4 83.6 97.8 115.2 114.4 104.2 92.7 99.7 123.1 116.7 105.2 97.7 102.7 119.1 120.8 113.0 97.6 104.6 121.5 121.0 117.1 99.6 107.4 121.0 124.7 126.1 101.5 113.5 125.3 ¡29.9 121.4 107.6 112.7 132.3 133.8 110.9 114.0 110.6 136.9 140.9 132.6 129.4 115.4 144.7 145.4 146.2 140.4 322 323 324 325 326 104.8 92.6 112.4 109.6 98.7 102.3 97.7 108.3 109.8 95.9 108.9 101.5 115.1 111.4 99.5 108.7 106.2 119.9 106.8 100.3 112.9 105.9 125.6 114.0 108.5 115.7 106.1 124.3 112.6 109.4 121.4 122.0 128.7 119.6 119.4 128.3 125.1 133.1 111.9 124.2 135.2 122.0 134.1 114.8 127.4 139.3 130.2 138.6 123.5 122.0 135.8 137.2 136.9 124.8 121.2 Concrete, gypsum, and plaster products................. M iscellaneous nonmetallic mineral products......... Blast furnace and basic steel products.................... Iron and steel foundries............................................. Primary nonferrous metals......................................... 327 329 331 332 333 102.3 95.4 109.7 106.1 102.3 101.2 94.0 107.8 104.5 110.7 102.5 104.3 117.0 107.2 101.9 104.6 104.5 133.6 112.1 107.9 101.5 106.3 142.4 113.0 105.3 104.5 107.8 142.6 112.7 111.0 107.3 110.4 147.5 116.2 110.8 107.6 114.7 155.0 120.8 112.0 112.8 114.9 151.0 121.1 118.9 111.1 113.3 155.6 128.9 117.7 105.1 116.1 160.1 132.1 111.9 Nonferrous rolling and drawing................................. Nonferrous foundries (castings)................................ Miscellaneous primary metal products.................... Metal cans and shipping containers......................... Cutlery, handtools, and hardw are............................ 335 336 339 341 342 92.7 104.0 113.7 117.6 97.3 91.0 103.6 109.1 122.9 96.8 96.0 103.6 114.5 127.8 100.1 98.3 108.5 111.3 132.3 104.0 101.2 112.1 134.5 140.9 109.2 99.2 117.8 152.2 144.2 111.3 104.0 122.3 149.6 155.2 118.2 111.3 127.0 136.2 160.3 114.6 115.7 131.5 140.0 163.8 115.7 121.4 129.8 149.0 157.9 121.9 118.0 129.7 154.3 159.5 125.4 Plumbing and heating, except electric..................... Fabricated structural metal products........................ Metal forgings and stam pings.................................... Metal services, n.e.c................................................... O rdnance and accessories, n.e.c............................. 343 344 346 347 348 102.6 98.8 95.6 104.7 82.1 102.0 100.0 92.9 99.4 81.5 98.4 103.9 103.7 111.6 88.6 102.0 104.8 108.7 120.6 84.6 109.1 107.7 108.5 123.0 83.6 109.2 105.8 109.3 127.7 87.6 118.6 106.5 113.6 128.4 87.5 127.3 111.9 120.2 124.4 93.7 130.5 112.7 125.9 127.3 96.6 125.7 112.8 128.3 126.1 91.0 132.2 112.8 129.8 135.7 92.8 Miscellaneous fabricated metal products................ Engines and turbines................................................. Farm and garden machinery..................................... Construction and related machinery........................ Metalworking machinery............................................ 349 351 352 353 354 97.5 106.5 116.5 107.0 101.1 97.4 105.8 112.9 99.1 96.4 101.1 103.3 113.9 102.0 104.3 102.0 109.2 118.6 108.2 107.4 103.2 122.3 125.0 117.7 109.9 106.6 122.7 134.7 122.1 114.8 108.3 136.6 137.2 123.3 114.9 107.7 136.9 141.2 132.5 119.2 111.6 146.1 148.5 137.6 119.8 109.3 151.5 128.6 133.6 123.0 109.2 164.5 139.6 139.8 129.8 Special industry machinery........................................ General industrial machinery..................................... Computer and office equipment................................ Refrigeration and service machinery....................... Industrial machinery, n.e.c......................................... 355 356 357 358 359 107.5 101.5 138.1 103.6 107.3 108.3 101.6 149.6 100.7 109.0 106.0 101.6 195.7 104.9 117.0 113.6 104.8 258.6 108.6 118.5 121.2 106.7 328.6 110.7 127.4 132.3 109.0 469.4 112.7 138.8 134.0 109.4 681.3 114.7 141.4 131.7 110.0 960.2 115.0 129.3 124.5 111.2 1356.6 121.4 127.5 138.6 113.1 1862.5 124.0 135.8 172.2 118.7 2172.0 122.3 141.8 Electric distribution equipment................................. Electrical industrial apparatus................................... Household appliances................................................ Electric lighting and wiring equipment..................... Communications equipment..................................... 361 362 363 364 366 106.3 107.7 105.8 99.9 123.8 106.5 107.1 106.5 97.5 129.1 119.6 117.1 115.0 105.7 154.9 122.2 132.9 123.4 107.8 163.1 131.8 134.9 131.4 113.4 186.4 143.0 150.8 127.3 113.7 200.7 143.9 154.3 127.4 116.9 229.5 142.8 164.2 142.9 121.8 275.4 147.5 162.3 150.2 129.2 284.5 148.9 158.3 149.5 132.4 371.9 155.4 157.0 162.4 134.8 448.8 Electronic components and accessories................ M iscellaneous electrical equipment & supplies... Motor vehicles and equipment................................. Aircraft and parts......................................................... Ship and boat building and repairing....................... 367 369 371 372 373 133.4 90.6 102.4 98.9 103.7 154.7 98.6 96.6 108.2 96.3 189.3 101.3 104.2 112.3 102.7 217.9 108.2 106.2 115.2 105.9 274.0 110.5 108.8 109.5 103.8 401.5 114.1 106.7 107.8 98.1 515.0 123.1 107.2 113.1 99.3 613.4 128.3 116.3 114.7 105.5 768.6 135.3 125.2 140.1 102.5 1062.6 147.2 136.7 138.1 113.1 1440.1 156.0 127.1 132.2 121.6 Motorcycles, bicycles, and parts............................... Guided missiles, space vehicles, parts................... S earch and navigation equipment............................ Measuring and controlling devices........................... 374 375 376 381 382 141.1 93.8 116.5 112.7 106.4 146.9 99.8 110.5 118.9 113.1 147.9 108.4 110.5 122.1 119.9 151.0 130.9 119.4 129.1 124.0 152.5 125.1 114.9 132.1 133.8 150.0 120.3 116.9 149.5 146.4 148.3 125.5 125.1 142.2 150.5 184.2 120.4 133.6 149.5 142.4 189.1 127.7 138.9 149.1 143.5 212.8 122.4 156.1 149.6 152.4 218.4 119.4 113.3 163.7 158.5 Medical instruments and supplies............................ Ophthalmic goods....................................................... Photographic equipment & supplies........................ Jewelry, silverware, and plated w are....................... Musical instruments.................................................... 384 385 386 391 393 116.9 121.2 107.8 99.3 97.1 118.7 125.1 110.2 95.8 96.9 123.5 144.5 116.4 96.7 96.0 127.3 157.8 126.9 96.7 95.6 126.7 160.6 132.7 99.5 88.7 131.5 167.2 129.5 100.2 86.9 139.8 188.2 128.7 102.6 78.8 147.4 196.3 121.5 114.2 82.9 158.6 199.0 128.0 113.1 81.4 160.4 235.2 160.6 134.3 97.1 167.0 250.2 169.4 144.9 105.3 Industry SIC 1990 Miscellaneous chemical products............................. Petroleum refining........................................................ Asphalt paving and roofing materials....................... M iscellaneous petroleum and coal products........... Tires and inner tubes.................................................. 289 291 295 299 301 97.3 109.2 98.0 94.8 103.0 Hose and belting and gaskets and packing............ Fabricated rubber products, n.e.c............................ Miscellaneous plastics products, n.e.c.................... Footwear, except rubber............................................ Flat g la ss....................................................................... 305 306 308 314 321 G lass and glassware, pressed or blown................. Products of purchased glass..................................... Cement, hydraulic........................................................ Structural clay products............................................. Pottery and related products..................................... 1991 S ee footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review June 2002 129 Current Labor Statistics: Productivity Data 46. Continued - Annual indexes of output per hour for selected 3-digit SIC industries [1987=100] Industry SIC 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 394 395 396 399 108.1 118.2 105.3 106.5 109.7 116.8 106.7 109.2 104.9 111.3 110.8 109.5 114.2 111.6 115.8 107.7 109.7 129.9 129.0 106.1 113.6 135.2 143.7 108.1 119.9 144.1 142.2 112.8 125.7 127.5 118.0 109.4 131.6 132.5 131.2 108.5 126.6 123.4 130.8 114.9 140.4 124.9 145.3 115.9 4011 118.5 127.8 139.6 145.4 150.3 156.2 167.0 169.8 173.3 182.5 195.8 111.1 104.0 92.9 116.9 103.7 92.5 123.4 104.5 96.9 126.6 107.1 100.2 129.5 106.6 105.7 125.4 106.5 108.6 130.9 104.7 111.1 132.4 108.3 111.6 129.9 109.8 108.4 131.6 110.9 109.1 131.2 113.6 110.7 481 483 484 491,3(pts.) 492,3(pts.) 113.3 104.9 92.6 110.1 105.8 119.8 106.1 87.6 113.4 109.6 127.7 108.3 88.5 115.2 111.1 135.5 106.7 85.3 24.1 121.8 142.2 110.1 83.4 50.5 125.6 148.1 109.6 84.5 80.8 137.1 159.5 105.8 81.9 116.8 145.9 160.9 101.7 84.7 150.0 158.6 170.1 104.5 86.1 159.6 144.4 186.3 108.4 85.0 162.0 147.2 201.3 109.9 87.6 169.6 160.6 Lumber and other building materials dealers......... Paint, glass, and wallpaper stores............................ Hardware stores........................................................... Retail nurseries, lawn and garden supply stores... Department stores....................................................... 521 523 525 526 531 104.3 106.8 115.3 84.7 96.8 102.3 100.4 108.7 89.3 102.0 106.4 107.6 115.2 101.2 105.4 111.4 114.2 113.9 107.1 110.4 118.9 127.8 121.2 117.0 113.5 117.8 130.9 115.6 117.4 116.1 121.6 133.5 119.5 136.4 123.8 121.8 134.8 119.0 127.5 129.1 134.2 163.5 137.9 133.7 135.8 143.0 165.1 147.6 150.4 146.0 144.2 170.1 145.7 154.5 160.4 Variety stores............................................................... Miscellaneous general merchandise stores............ Grocery stores............................................................. Meat and fish (seafood) markets............................... Retail bakeries............................................................. 533 539 541 542 546 154.6 118.6 96.6 98.9 91.2 159.0 124.8 96.3 90.8 96.7 173.9 140.4 96.5 99.2 96.5 191.9 164.3 96.0 97.7 86.5 197.9 164.8 95.4 95.7 85.3 212.4 167.4 93.9 94.4 83.0 240.4 167.7 92.1 86.4 75.9 260.1 170.4 91.7 90.8 67.6 271.2 185.9 92.2 95.7 68.1 315.0 199.6 95.3 97.4 83.1 330.9 224.3 96.1 110.0 88.4 New and used car dealers......................................... Auto and home supply stores.................................... Gasoline service stations........................................... Men's and boy's w ear stores..................................... Women's clothing stores............................................ 551 553 554 561 562 106.7 103.7 103.0 115.6 106.6 104.9 100.2 104.8 121.9 111.2 107.4 101.6 110.2 122.3 123.6 108.6 100.8 115.9 119.5 130.0 109.7 105.3 121.1 121.7 130.4 108.1 109.1 127.2 121.4 139.9 109.1 108.2 126.1 129.8 154.2 108.8 108.1 126.1 136.3 157.3 108.7 113.1 133.9 145.2 176.0 111.6 115.5 141.7 154.5 190.2 112.5 119.3 139.0 165.0 205.7 Family clothing stores................................................. Shoe stores................................................................... Furniture and homefurnishings stores..................... Household appliance stores....................................... Radio, television, computer, and music stores....... 565 566 571 572 573 107.8 107.9 104.6 104.6 120.8 111.5 107.8 105.4 107.2 129.3 118.6 115.5 113.9 116.1 139.3 121.5 117.3 113.3 118.7 153.8 127.7 130.7 114.7 122.4 178.2 141.8 139.2 117.4 139.6 198.1 146.9 151.9 123.6 142.2 206.6 150.2 148.4 124.2 155.2 216.8 153.1 145.0 127.3 184.2 258.3 155.9 152.9 134.5 186.4 309.1 160.4 160.2 141.1 209.3 359.4 Eating and drinking places......................................... Drug and proprietary stores....................................... Liquor stores................................................................. Used merchandise stores........................................... M iscellaneous shopping goods stores..................... 581 591 592 593 594 104.5 106.3 105.9 103.0 107.4 103.8 108.0 106.9 102.3 109.3 103.4 107.6 109.6 115.7 107.9 103.8 109.6 101.8 116.7 111.7 102.1 109.9 100.1 119.5 117.3 102.0 111.1 104.7 120.6 123.2 100.6 113.9 113.8 132.6 125.3 101.6 119.8 109.9 140.3 129.4 102.0 125.7 116.5 163.6 138.7 104.0 129.8 114.5 183.2 143.7 107.3 136.9 127.7 216.7 150.6 Nonstore retailers........................................................ Fuel d ealers................................................................. Retail stores, n.e.c...................................................... 596 598 599 111.1 84.6 114.5 112.5 85.3 104.0 126.5 84.3 112.5 132.2 91.9 118.1 149.0 99.0 125.8 152.5 111.4 127.0 173.5 112.5 140.2 186.8 109.1 147.8 208.3 105.8 157.4 220.6 115.2 162.5 263.2 117.3 168.1 Commercial banks...................................................... Hotels and motels........................................................ Laundry, cleaning, and garment services................ Photographic studios, portrait.................................... Beauty shops................................................................ 602 701 721 722 723 107.7 96.2 102.3 98.2 97.5 110.1 99.3 99.9 92.1 95.8 111.0 108.0 99.3 95.8 100.9 118.5 106.5 99.9 101.8 97.0 121.7 109.9 105.0 108.3 101.1 126.4 110.5 106.6 116.2 104.8 129.7 110.0 109.8 110.7 107.6 133.0 108.2 109.0 114.1 108.5 132.6 108.2 116.0 121.6 110.5 135.9 109.9 120.8 107.7 113.4 143.2 114.1 123.6 112.0 114.5 Barber shops................................................................ Funeral services and crem atories............................ Automotive repair shops............................................. Motion picture theaters............................................... 724 726 753 783 100.7 91.2 107.9 118.1 94.9 89.9 100.1 118.2 113.2 103.8 105.1 114.8 121.9 98.7 105.7 113.8 118.8 104.3 114.3 110.4 115.7 100.2 121.6 105.0 128.8 97.6 116.1 104.1 150.4 101.9 117.2 103.4 157.4 104.2 124.9 106.1 132.8 100.2 126.4 108.7 129.9 93.9 128.5 112.3 Toys and sporting goods........................................... Pens, pencils, office, and art supplies.................... Costume jewelry and notions.................................... Miscellaneous manufactures.................................... Transportation Railroad transportation............................................... Trucking, except lo c a l1............................................. 4213 um teo states postal service ~.................................... 431 Air transportation......................................................... 4512,13,22(pts.) Utilities Telephone communications....................................... Radio and television broadcasting........................... Cable and other pay TV services............................. Electric utilities........................................................... G as utilities................................................................... Trade Finance and services « eters to output per employee. Heters to output per tun-time equivalent employee year on tiscai Dasis. 130 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 n.e .c. = not elsewhere classified https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 47. Unemployment rates, approximating U.S. concepts, in nine countries, quarterly data seasonally adjusted Annual average Country 2000 2001 2000 I II 2001 III IV I II III IV United S tates......... 4.0 4.8 4.0 4.0 4.1 4.0 4.2 4.5 4.8 5.6 C anada.................. Australia................ 6.1 6.3 4.8 9.4 6.4 6.7 5.1 8.7 9.6 5.0 - 6.1 6.5 4.8 9.9 8.4 11.2 6.6 5.8 6.1 6.4 4.7 9.5 6.1 6.1 4.7 9.5 8.2 10.5 5.6 5.4 6.1 6.2 4.8 9.0 6.2 6.5 4.8 8.6 6.3 6.9 4.9 8.5 6.4 6.8 5.2 6.7 6.8 6.8 5.5 8.9 8.1 10.1 5.2 5.3 10.0 5.1 5.1 F rance1.................. G ermanv1............. Italv1,2.................... Sw eden1................ United Kinndnm1.. 8.3 10.7 5.8 5.5 8.3 10.9 6.0 5.5 - - 9.7 5.0 5.0 - 9.5 5.0 5.1 - 9.3 5.1 - 1 Preliminary for 2000 for Japan, France, Germany (unified), Italy, dicators of unemployment under U.S. concepts than the annual and Sweden and for 1999 onward for the United Kingdom. figures. S ee "Notes on the data" for information on breaks in 2 Quarterly rates are for the first month of the quarter. series. For further qualifications and historical data, see Comparative Civilian Labor Force Statistics, Ten CounNOTE: Quarterly figures for France and Germany are tries, 1959-2000 (Bureau of Labor Statistics, Mar. 16,2001). calculated by applying annual adjustment factors to current published data, and therefore should be viewed as less precise in- Dash indicates data not available. M onthly Labor Review June 2002 131 Current Labor Statistics: 48. International Comparison Annual data: Employment status of the working-age population, approximating U.S. concepts, 10 countries [N um bers in thousands] Employment status and country 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 128,105 144,177 8,557 65,040 24,570 39,040 129,200 14,308 8,613 65,470 24,640 39,140 131,056 14,400 8,771 65,780 24,780 39,210 132,304 14,517 8,995 65,990 24,830 39,100 133,943 14,669 9,115 66,450 25,090 39,180 136,297 14,958 9,204 67,200 25,210 39,480 137,673 15,237 9,339 67,240 25,520 39,520 139,368 15,536 9,466 67,090 25,830 39,630 140,863 15,789 9,687 66,990 25,980 141,815 16,027 9,817 66,870 _ 22,910 6,950 4,520 28,410 22,570 7,100 4,443 28,440 22,450 7,190 4,418 28,440 22,460 7,260 4,460 28,560 22,570 7,370 4,459 28,720 22,680 7,530 4,418 28,910 22,960 7,690 4,402 29,040 23,130 7,900 4,430 29,300 23,340 8,050 4,489 29,450 23,540 _ 66.4 65.9 63.9 63.4 55 9 58.3 47.5 57.8 65.7 63.1 66.3 65.5 63.5 63.3 66.6 65.2 63.9 63.1 66.6 64.9 64.6 62.9 66.8 64.7 64.6 63.0 67.1 65.0 64.3 63.2 67.1 65.4 64.3 62.8 67.1 65.8 64.2 62.4 67.2 65.9 64.7 62.0 66.9 66.0 64.7 61.6 58.0 47.9 58.6 64.5 62.8 57.6 47.3 59 63.7 62.7 57.3 47.1 59.2 64.1 62.7 57.4 47.1 59.8 64 62.8 57.7 47.2 60.8 63.3 62.9 57.7 47.6 61.7 62.8 62.9 57.9 47.8 62.8 62.8 63.2 48.1 63.5 63.8 63.3 Civilian labor force United States1................................................................. Canada......................................................................... Australia.......................................................................... Japan.......................................................................... France............................................................................. Germany2....................................................................... Italy.................................................................................. Netherlands............................................................. Sweden........................................................................... United Kingdom.............................................................. 4,537 - Participation rate3 United States 1......................................................... Canada............................................................................ Australia.......................................................................... Japan.............................................................................. fiorm an t/ ^ Italy.................................................................................. Netherlands..................................................................... Sweden........................................................................... United Kinqdom............................................................... _ _ _ 64.2 - Employed United States1................................................................. Canada............................................................................ Australia........................................................................... Japan............................................................................... France............................................................................. O o rm o n w 2 Italy.................................................................................. Netherlands..................................................................... Sweden............................................................................ United Kingdom............................................................... 118,492 12,672 7,660 63,620 22,020 36,420 21,230 6,560 4,265 25,530 120,259 12,770 7,699 63,810 21,740 36,030 20,270 6 630 4,028 25,450 123,060 13,027 7,942 63,860 21,720 35,890 19,940 6 670 3,992 25,720 124,900 13,271 8,256 63,890 21,910 35,900 19,820 fi 7fin 4,056 26,070 126,708 13,380 8,364 64,200 21,960 35,680 19,920 129,558 13,705 8,444 64,900 22,090 35,570 19,990 131,463 14,068 8,618 64,450 22,510 35,830 20,210 133,488 14,456 8,808 63,920 22,940 36,170 20,460 135,208 14,827 9,068 63,790 23,530 _ 20,840 135,073 14,997 9,157 63,470 _ _ 21,280 4,019 26,380 3,973 26,880 4,034 27,210 4,117 27,530 4,229 27,830 4,309 61.5 58.9 57.2 62.0 50 1 54.4 61.7 58.5 56.8 61.7 49 2 53.4 62.5 59.0 57.8 61.3 62.9 59.4 59.2 60.9 63.2 59.1 59.3 60.9 64.5 62.1 60.6 59.0 63.8 61.9 60.3 58.4 52.8 52.6 52.2 52.0 52.3 52.8 44.0 54.4 62.0 56.7 43.0 54.7 58.5 56.2 42.0 54.7 57.6 56.7 41.5 55.1 58.3 57.2 41.6 56.0 57.7 57.6 41.6 57.5 56.9 58.5 41.9 59.2 57.6 58.9 42.3 60.8 58.4 59.8 - Employment-population ratio4 United States1................................................................. Canada............................................................................ Australia........................................................................... Japan............................................................................... Germany2........................................................................ Italy.................................................................................. Netherlands..................................................................... Sweden............................................................................ United Kinqdom............................................................... 63.8 59.7 59.0 61.0 64.1 60.4 59.3 60.2 64.3 61.3 59.8 59.4 - 42.9 61.6 60.1 59.8 _ _ 61.0 _ Unemployed Germany2........................................................................ 9,613 1,505 897 1,420 2,550 2,620 8,940 1,539 314 1,660 2,900 3,110 7,996 1,373 829 1,920 3,060 3,320 Netherlands..................................................................... Sweden............................................................................ United Kingdom.............................................................. 1,680 390 255 2,880 2,300 470 415 2,980 United States1................................................................. Canada............................................................................ Australia........................................................................... Japan............................................................................... France............................................................................. 2,510 520 426 2,720 7,404 1,246 739 2,100 2,920 3,200 2,640 500 404 2,490 7,236 1,289 739 2,250 3,130 3,500 2,650 470 440 2,340 6,739 1,252 751 2,300 3,120 3,910 2,690 400 445 2,030 6,210 1,169 760 2,790 3,020 3,690 5,880 1,080 658 3,170 2,890 3,460 5,655 962 611 3,200 2,450 2,750 310 368 1,830 2,670 270 313 1,770 2,500 240 260 1,620 - 6,742 1,031 661 3,400 _ - 2,270 _ 228 - Unemployment rate Germany2........................................................................ 7.5 10.6 10.5 2.2 10.4 6.7 6.9 10.8 10.6 2.5 11.8 7.9 6.1 9.5 9.4 2.9 12.3 8.5 5.6 8.6 8.2 3.2 11.8 8.2 5.4 8.8 8.2 3.4 12.5 8.9 4.9 8.4 8.3 3.4 12.4 9.9 4.5 7.7 7.7 4.1 11.8 9.3 4.2 7.0 7.0 4.7 11.2 8.7 4.0 6.1 6.3 4.8 9.4 - 4.8 6.4 6.7 5.1 8.7 - Netherlands..................................................................... Sweden............................................................................ United Kinadom.............................................................. 7.3 5.6 5.6 10.1 10.2 6.6 9.3 10.5 11.2 7.2 9.6 9.6 11.8 6.2 9.1 8.7 11.7 6.4 9.9 8.1 11.9 5.3 10.1 7.0 12.0 4.0 8.4 6.3 11.5 3.4 7.1 6.0 10.7 3.0 5.8 5.5 9.6 United States1...................................................... Canada............................................................................ Australia........................................................................... Japan............................................................................... France............................................................................. 1 Data for 1994 are not directly comparable with data for 1993 and earlier years. For additional information, see the box note under "Employment and Unemployment Data" in the notes to this section. 2 Data from 1991 onward refer to unified Germany. See Comparative Civilian Labor Force Statistics, Ten Countries, 1959-2000, Mar. 16, 2001, on the Internet at http://stats.bls.gov/flsdata.htm. 132 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 3 Labor force as a percent of the working-age population. 4 Employment as a percent of the working-age population. NOTE: See Notes on the data for information on breaks in series for the United States, France, Germany, Italy, the Netherlands, and Sweden. Dash indicates data are not available, p = preliminary. _ 5.0 - 49. Annual indexes of manufacturing productivity and related measures, 12 countries [1992 = 100]___________________________________________________________________________________________ Item and country 1960 1970 1980 1989 1990 1991 1994 1993 1995 1996 1997 1998 1999 2000 Output per hour United States.......................................................... Canada................................................................... Japan....................................................................... Belgium................................................................... Denmark................................................................. France..................................................................... Germany................................................................. Italy.......................................................................... Netherlands............................................................ Sweden................................................................... United Kingdom...................................................... 38.5 13.8 18.0 29.9 21.9 29.2 22.5 18.5 37,0 27.3 30.0 56.0 37.5 32.9 52.7 43.0 52.0 42.2 37.9 58.3 52.2 43.2 70.5 74.4 63.2 65.4 90.3 66.6 77.2 70.8 68.8 76.7 73.1 54.3 95.7 93.2 88.5 96.9 99.6 91.9 94.6 91.3 96.9 94.6 93.2 86.2 96.9 94.7 94.4 96.8 99.1 93.6 99.0 93.9 98.5 96.6 94.6 89.1 97.8 95.5 99.0 99.1 99.6 96.9 99.0 95.9 99.6 97.5 95.5 93.8 102.1 104.9 101.7 102.5 104.5 100.6 101.6 101.8 101.6 100.6 107.3 103.9 107.3 109.7 103.3 108.4 108.6 110.1 106.1 113.2 101.4 119.4 107.1 113.8 111.3 111.0 113.2 114.7 113.2 111.2 118.2 102.0 121.9 104.9 117.0 110.1 116.1 117.0 115.3 116.8 110.8 120.2 102.0 124.5 103.8 121.2 113.2 121.0 127.0 123.8 122.4 113.7 122.3 103.0 132.3 105.2 126.5 113.1 121.2 129.2 129.5 126.7 113.1 125.0 103.6 139.5 106.9 135.3 114.9 126.9 129.5 132.9 128.5 113.5 128.5 103.1 143.5 111.6 142.8 116.3 134.1 133.4 141.1 117.8 133.8 104.2 150.4 117.6 34.0 10.7 30.7 40.8 31.0 41.5 23.0 31.5 57.0 45.9 67.3 60.0 39.2 57.6 68.0 64.1 70.9 48.1 59.1 89.9 80.7 90.2 75.8 85.2 60.4 78.2 91.3 88.7 85.3 84.4 76.8 103.6 90.7 87.2 102.4 112.1 90.9 99.1 104.3 97.2 94.0 98.3 96.6 101.3 110.9 105.5 101.6 107.5 97.1 101.0 102.7 99.1 99.1 99.4 99.9 100.2 110.1 105.3 98.3 99.2 102.0 100.7 101.7 99.8 102.3 99.3 100.4 98.3 104.1 100.0 103.5 105.0 96.3 97.0 99.0 95.7 92.5 96.5 98.4 102.7 101.9 101.4 111.1 113.0 94.9 101.4 109.3 100.3 95.2 102.4 104.6 106.7 117.1 106.1 118.4 118.5 98.9 104.2 114.7 104.9 95.3 107.2 108.1 109.0 128.4 107.8 121.3 120.0 103.0 106.6 109.7 104.6 93.5 105.4 108.7 110.1 131.1 108.5 127.9 127.3 106.5 113.8 118.5 109.7 96.3 108.8 111.5 115.7 138.0 109.9 133.1 132.5 100.2 116.4 120.8 115.0 100.9 110.5 114.8 117.7 147.6 110.8 141.2 140.8 101.9 118.0 119.8 117.3 102.2 110.2 118.1 114.0 153.6 111.1 147.0 148.8 107.6 122.2 125.8 121.2 113.9 123.7 110.9 163.4 113.3 92.1 88.3 77.8 170.7 136.5 141.2 142.3 102.3 170.5 154.1 168.3 224.6 104.4 107.1 104.4 174.7 129.0 148.9 136.3 113.8 156.1 154.3 154.7 208.8 107.5 114.6 95.6 119.7 101.1 133.2 110.5 119.3 111.7 135.0 124.0 160.5 107.1 120.2 102.7 102.3 104.7 105.8 99.3 107.6 99.7 107.1 119.0 122.4 104.8 113.5 102.9 104.3 103.7 105.9 100.1 105.9 101.4 103.7 116.4 118.1 100.4 103.9 103.1 101.5 102.1 103.1 103.3 103.6 100.9 100.8 109.0 106.6 101.4 100.1 94.7 94.7 94.8 95.1 91.0 94.9 96.8 102.1 94.9 97.6 103.6 103.0 91.9 93.6 92.4 86.5 96.5 92.4 105.2 98.1 99.1 104.0 106.4 89.1 92.0 91.5 84.2 96.4 91.5 106.8 105.3 102.7 103.6 109.0 88.7 91.1 90.7 80.1 95.1 90.4 107.9 105.3 104.5 105.5 112.4 88.0 89.6 88.6 78.7 95.7 91.1 112.3 104.3 104.5 105.2 117.1 82.7 90.1 88.8 79.6 97.7 91.8 113.6 105.8 103.6 104.3 122.6 80.3 91.1 88.3 79.5 97.1 92.0 110.6 107.1 99.5 102.9 128.0 80.2 91.7 85.9 96.7 92.5 106.4 108.6 96.3 14.9 10.0 4.3 5.4 4.6 4.3 8.1 1.7 6.4 4.7 4.1 3.0 23.7 17.1 16.4 13.7 13.3 10.3 20.7 5.0 20.2 11.8 10.7 6.1 55.6 47.6 58.5 52.5 49.6 40.8 53.6 29.0 64.4 39.0 37.3 32.1 86.6 82.6 84.0 85.9 87.7 86.0 83.2 77.4 88.6 87.2 79.4 73.8 90.8 88.3 90.5 90.1 92.7 90.6 89.4 85.8 90.9 92.3 87.8 82.9 95.6 95.0 96.4 97.3 95.9 96.2 92.1 94.2 95.3 97.5 95.5 93.8 102.7 102.0 102.8 104.8 104.6 103.1 106.1 106.1 103.8 101.5 97.4 104.7 105.6 103.7 104.9 106.1 105.6 112.3 108.1 108.2 104.4 100.0 106.8 107.9 106.0 108.3 109.2 108.5 118.5 114.6 110.7 109.2 106.5 107.9 109.4 107.0 109.2 110.9 110.3 125.2 122.0 113.0 113.6 114.4 109.5 111.4 109.3 112.9 114.9 113.1 128.0 127.2 115.8 118.7 119.4 113.8 117.4 111.6 115.8 116.6 115.7 128.9 125.6 120.6 126.1 124.4 120.5 122.1 113.1 115.2 118.3 118.7 130.8 129.4 124.0 133.4 127.5 129.6 130.7 117.0 114.5 121.1 125.7 25.9 31.3 30.1 15.4 19.4 27.8 7.5 34.6 12.8 15.0 9.8 30.5 43.8 41.7 25.2 24.0 39.8 11.9 53.3 20.3 20.6 14.1 78.8 63.9 92.5 80.3 55.0 61.3 69.4 41.0 93.7 50.8 51.0 59.0 90.5 88.6 94.9 88.7 88.1 93.5 87.9 84.8 91.4 92.2 85.1 85.6 93.7 93.3 95.9 93.0 93.6 96.8 90.3 91.5 92.3 95.6 92.8 93.0 97.6 99.5 97.4 98.1 96.3 99.3 93.1 98.2 95.6 100.0 100.0 100.1 100.6 97.2 101.1 102.3 100.1 102.4 104.5 104.3 102.1 100.9 90.8 100.8 98.5 94.5 101.5 97.9 93.0 97.3 102.0 101.9 95.6 102.9 83.8 99.7 94.8 95.2 97.6 96.4 93.8 94.6 104.7 103.0 93.7 107.0 87.4 102.9 93.5 97.2 94.0 94.7 100.9 95.7 107.2 110.0 94.0 111.4 91.9 105.5 91.9 96.5 93.3 90.5 96.9 91.4 104.6 111.9 94.7 115.2 90.2 108.2 92.8 98.6 95.5 90.2 98.7 89.4 101.8 111.1 96.5 121.7 89.2 112.7 90.2 98.4 90.8 91.4 101.9 89.3 101.8 1114.0 96.6 129.5 88.8 116.1 91.5 100.6 85.4 90.8 100.2 89.1 101.8 113.4 97.9 134.5 86.9 114.5 32.2 11.0 19.4 13.5 20.9 10.4 15.0 16.1 11.2 16.9 15.6 35.3 15.5 27.0 20.3 23.1 17.1 23.3 25.9 17.6 23.1 19.1 78.8 66.1 51.8 88.3 58.9 76.7 59.6 59.0 82.9 63.9 70.2 77.7 90.5 90.4 87.1 72.3 72.6 77.6 73.0 76.1 75.8 82.9 76.8 79.4 93.7 95.6 83.8 89.5 91.3 94.0 87.3 94.1 89.1 95.0 91.3 93.9 97.6 104.9 91.7 92.3 90.8 93.1 87.5 97.5 89.9 95.7 96.3 100.1 100.6 91.0 115.4 95.1 93.2 95.7 98.6 81.6 96.6 88.3 67.8 85.7 98.5 83.6 125.9 94.2 88.3 92.8 98.2 77.9 92.4 90.7 63.2 86.5 94.8 83.8 131.7 105.2 101.1 100.5 114.1 77.9 102.7 105.0 71.3 92.0 93.5 86.1 109.6 98.4 105.0 99.0 111.3 87.9 98.1 107.1 79.8 93.2 91.9 84.2 97.7 81.2 88.6 82.8 94.1 80.9 85.3 101.0 68.8 100.3 92.8 80.4 92.4 79.9 88.9 80.2 90.3 78.8 85.5 100.2 65.3 105.8 90.2 80.0 101.2 77.6 88.0 76.8 86.6 77.3 82.1 103.1 62.5 106.3 91.5 81.8 100.4 66.8 74.8 66.4 86.6 66.6 72.1 94.8 55.2 98.3 June 2002 133 - Output United States.......................................................... Canada................................................................... Japan....................................................................... Belgium................................................................... Denmark................................................................. France..................................................................... Germany................................................................. Italy.......................................................................... Netherlands............................................................ Norway.................................................................... Sweden................................................................... United Kingdom...................................................... Total hours United States.......................................................... Canada................................................................... Japan....................................................................... Belgium................................................................... Denmark................................................................. France..................................................................... Germany................................................................. Italy.......................................................................... Netherlands............................................................ Norway.................................................................... Sweden................................................................... United Kingdom...................................................... Compensation per hour United States.......................................................... Canada................................................................... Japan...................................................................... Belgium................................................................... Denmark................................................................. Germany................................................................. Italy.......................................................................... Netherlands............................................................ Sweden................................................................... United Kingdom...................................................... Unit labor costs: National currency basis United States.......................................................... Canada................................................................... Japan....................................................................... Belgium................................................................... Denmark................................................................. Germany................................................................. Italy.......................................................................... Netherlands............................................................ Sweden.................................................................... United Kingdom...................................................... Unit labor costs: U.S. dollar basis United States.......................................................... Canada................................................................... Japan....................................................................... Belgium.................................................................. Denmark................................................................. Germany................................................................. Italy.......................................................................... Netherlands............................................................ Norway.................................................................... Sweden.................................................................. United Kingdom...................................................... 133.6 131.0 140.1 130.7 134.7 NOTE: Data for Germany for years before 1992 are for the former West Germany. Data for 1992 onward are for unified Germany. Dash indicates data not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review Current Labor Statistics: Injury and Illness 50. Occupational injury and illness rates by industry,' United States Industry and type of case2 1989 1 1990 1991 1992 1993 4 1994 4 1995 4 1996 4 1997 4 1998 4 1999 4 2000 4 PRIVATE SECTOR5 T otal c a s e s ...................................................................................... 74 3.4 3.3 3.1 3.0 3.0 - 8.1 3.6 - - - - - - 11.2 5.0 10.0 4.7 9.7 4.3 8.7 3.9 8.4 4.1 7.9 3.9 7.3 3.4 7.1 3.6 7.3 4.1 204 7 6.8 3.9 6.3 3.9 6.2 3.9 5.4 3.2 5.9 3.7 4.9 2.9 4.4 2.7 4.7 3.0 13 0 6.1 148.1 13 1 5.8 161.9 12 2 5.5 - 11 ft 5.5 10 fi 4.9 99 4.5 4.4 4.0 4.2 4.1 - - - - - - 134 6.4 137.6 12 0 5.5 132.0 12 2 5.4 142.7 11 5 5.1 10 9 5.1 9*8 4.4 90 4.0 ft 5 3.7 3.9 3.7 3.9 - - - - - - - - 13 8 6.5 147.1 13 8 6.3 144.6 12 8 6.0 160.1 12 1 5.4 165.8 11 1 5.1 10 2 5.0 99 4.8 90 4.3 8*7 4.3 4.1 3.8 3.7 - - Lost workday cases.......................................................................... Lost workdays................................................................................... 14 6 6.9 144.9 14 7 6.9 153.1 13 5 6.3 151.3 13 8 6.1 168.3 12 8 5.8 Manufacturing Total c a s e s ...................................................................................... Lost workday cases .......................................................................... Lost workdays................................................................................... 13.1 5.8 113.0 13.2 12.7 5.6 121.5 12.5 5.4 124.6 12.1 5.3 12.2 5.5 11.6 5.3 120.7 - - - Durable goods: Total c a s e s ...................................................................................... Lost workday ca ses .......................................................................... Lost workdays................................................................................... 14.1 6.0 116.5 14.2 6.0 123.3 13.6 5.7 122.9 13.4 5.5 126.7 13.1 5.4 13.5 5.7 12.8 5.6 11.6 5.1 - - - 18.4 9.4 177.5 18.1 8.8 172.5 16.8 8.3 172.0 16.3 7.6 165.8 15.9 7.6 15.7 7.7 - 16.1 7.2 16.9 7.8 15.9 7.2 14.8 6.6 128.4 Lost workday c ases......................................................................... Lost workdays.................................................................................. 8.6 4.0 78.7 88 4.1 84.0 84 3.9 86.5 89 3.9 93.8 85 3.8 8*4 3.8 - 10.9 5.7 100.9 11.6 5.9 1122 10.8 5.4 108 3 11.6 5.4 126.9 8.5 4.8 137.2 8.3 5.0 119 5 7.4 4.5 129 6 14 3 6.8 143.3 14.2 6.7 147.9 13.9 6.5 137.3 Agriculture, forestry, and fishing5 Total c a s e s ...................................................................................... Lost workday cases ......................................................................... Lost workdays................................................................................... Mining Total c a s e s ...................................................................................... Lost workday cases......................................................................... Lost workdays................................................................................... Construction Lost workday ca ses.......................................................................... Lost workdays................................................................................... General building contractors: Total c a s e s ...................................................................................... Lost workday ca ses .......................................................................... Lost workdays................................................................................... Heavy construction, except bulldinq: Lost workday cases .......................................................................... Lost workdays................................................................................... Special trades contractors: Lumber and wood products: Total c a s e s .................................................................................... Lost workday cases....................................................................... Lost workdays................................................................................ Furniture and fixtures: Total c a s e s .................................................................................... Lost workday cases ....................................................................... Lost workdays................................................................................ Stone, clay, and qlass products: Total c a s e s .................................................................................... Lost workday cases ....................................................................... Lost workdays................................................................................ Primary metal industries: Total c a s e s .................................................................................... Lost workday c ases ....................................................................... Lost workdays................................................................................ Fabricated metal products: T otal c a s e s .................................................................................... Lost workday cases ....................................................................... Lost workdays................................................................................ Industrial machinery and equipment: Total c a s e s .................................................................................... Lost workday cases....................................................................... Lost workdays................................................................................ Electronic and other electrical equipment: Total c a s e s .................................................................................... Lost workday cases ....................................................................... Lost workdays................................................................................ Transportation equipment: Total c a s e s .................................................................................... Lost workday c a ses ....................................................................... Lost workdays................................................................................ Instruments and related products: Total c a s e s .................................................................................... Lost workday cases ....................................................................... Lost workdays ................................................................................ Miscellaneous manufacturlnq industries: Total c a s e s .................................................................................... Lost workday ca ses ....................................................................... Lost workdays................................................................................ See footnotes at end of table. 134 M onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 2002 5.8 - - - - 12 ft 5.8 5.0 4.8 4.7 4.1 4.4 4.3 - - - - - 10.6 4.9 10.3 4.8 9.7 4.7 9.2 4.6 9.0 4.5 - - - 11.3 5.1 10.7 5.0 10.1 4.8 _ - - - - - - 14.9 7.0 14.2 6.8 13.5 6.5 13.2 6.8 13.0 6.7 12.1 6.1 - - - - - - - 14.6 6.5 15.0 7.0 13.9 6.4 12.2 5.4 12.0 5.8 11.4 5.7 11.5 5.9 11.2 5.9 - - - - - - - 13.2 6.5 12.3 5.7 12.4 6.0 11.8 5.7 11.8 6.0 10.7 5.4 10.4 5.5 - - - 16.5 7.2 15.0 6.8 15.0 7.2 14.0 7.0 12.9 6.3 12.6 6.3 - - - - - - 15.5 7.4 149.8 15.4 7.3 160.5 14.8 6.8 156.0 13.6 6.1 152.2 13.8 6.3 - - 18.7 8.1 168.3 19.0 8.1 180.2 17.7 7.4 169.1 17.5 7.1 175.5 17.0 7.3 16.8 7.2 - - 18.5 7.9 147.6 18.7 7.9 155.7 17.4 7.1 146.6 16.8 6.6 144.0 16.2 6.7 16.4 6.7 15.8 6.9 14.4 6.2 14.2 6.4 13.9 6.5 12.6 6.0 11.9 5.5 - - - - - - - - 12.1 4.8 86.8 12.0 4.7 88.9 11.2 4.4 86.6 11.1 4.2 87.7 11.1 4.2 11.6 4.4 11.2 4.4 9.9 4.0 10.0 4.1 9.5 4.0 8.5 3.7 8.2 3.6 - - - - - 8.3 3.5 8.3 3.6 7.6 3.3 6.8 3.1 6.6 3.1 5.9 2.8 5.7 2.8 5.7 2.9 - - - - - - - - 18.6 7.9 16.3 7.0 15.4 6.6 14.6 6.6 13.7 6.4 13.7 6.3 - - - - 9.1 3.9 77.5 9.1 3.8 79.4 8.6 3.7 83.0 8.4 3.6 81.2 17.7 6.8 138.6 17.8 6.9 153.7 18.3 7.0 166.1 18.7 7.1 186.6 18.5 7.1 - 19.6 7.8 5.6 2.5 55.4 5.9 2.7 57.8 6.0 2.7 64.4 5.9 2.7 65.3 5.6 2.5 5.9 2.7 5.3 2.4 5.1 2.3 4.8 2.3 4.0 1.9 4.0 1.8 4.5 2.2 - - - - - - - - 11.1 5.1 97.6 11.3 5.1 113.1 11.3 5.1 104.0 10.7 5.0 108.2 10.0 4.6 9.9 4.5 9.1 4.3 9.5 4.4 8.9 4.2 8.1 3.9 8.4 4.0 7.2 3.6 - - - - - - - - - - - - - - - 50. Continued—Occupational injury and illness rates by industry,1United States Industry and type of case2 Nondurable goods: Total c a s e s .................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................. Food and kindred products: Total c a s e s .................................................................................. Lost workday cases..................................................................... Lost workdays.............................................................................. Tobacco products: Total c a s e s .................................................................................. Lost workday cases..................................................................... Lost workdays.............................................................................. Textile mill products: Total c a s e s .................................................................................. Lost workday cases..................................................................... Lost workdays.............................................................................. Apparel and other textile products: Total c a s e s .................................................................................. Lost workday cases..................................................................... Lost workdays.............................................................................. Paper and allied products: Total c a s e s .................................................................................. Lost workday cases..................................................................... Lost workdays.............................................................................. Printinq and publishinq: Total c a s e s .................................................................................. Lost workday cases..................................................................... Lost workdays.............................................................................. Chemicals and allied products: Total c a s e s ................................................................................. Lost workday cases..................................................................... Lost workdays.............................................................................. Petroleum and coal products: Total c a s e s ................................................................................. Lost workday cases..................................................................... Lost workdays............................................................................. Rubber and miscellaneous plastics products: Total c a s e s .................................................................................. Lost workday cases..................................................................... Lost workdays............................................................................. Leather and leather products: Total c a s e s .................................................................................. Lost workday cases..................................................................... Lost workdays.............................................................................. 1989 1 1990 1992 1991 1993 4 1994 4 1995 4 19964 1997 4 1998* 1999 4 2000 4 11.6 5.5 107.8 11.7 5.6 116.9 11.5 5.5 119.7 11.3 5.3 121.8 10.7 5.0 - 10.5 5.1 - 9.9 4.9 - 9.2 4.6 - 8.8 4.4 - 8.2 4.3 - 7.8 4.2 - - 18.5 9.3 174.7 20.0 9.9 202.6 19.5 9.9 207.2 18.8 9.5 211.9 17.6 8.9 - 17.1 9.2 - 16.3 8.7 - 15.0 8.0 - 14.5 8.0 - 13.6 7.5 - 12.7 7.3 - 12.4 7.3 - 8.7 3.4 64.2 7.7 3.2 62.3 6.4 2.8 52.0 6.0 2.4 42.9 5.8 2.3 - 5.3 2.4 - 5.6 2.6 - 6.7 2.8 - 5.9 2.7 - 6.4 3.4 - 5.5 2.2 - 6.2 3.1 - 10.3 4.2 81.4 9.6 4.0 85.1 10.1 4.4 88.3 9.9 4.2 87.1 9.7 4.1 - 8.7 4.0 - 8.2 4.1 - 7.8 3.6 - 6.7 3.1 - 7.4 3.4 - 6.4 3.2 - 6.0 3.2 - 8.6 3.8 80.5 8.8 3.9 92.1 9.2 4.2 99.9 9.5 4.0 104.6 9.0 3.8 - 8.9 3.9 - 8.2 3.6 - 7.4 3.3 - 7.0 3.1 - 6.2 2.6 - 5.8 2.8 - 6.1 3.0 - 12.7 5.8 132.9 12.1 5.5 124.8 11.2 5.0 122.7 11.0 5.0 125.9 9.9 4.6 - 9.6 4.5 - 8.5 4.2 - 7.9 3.8 - 7.3 3.7 - 7.1 3.7 - 7.0 3.7 - 6.5 3.4 - 6.9 3.3 63.8 6.9 3.3 69.8 6.7 3.2 74.5 7.3 3.2 74.8 6.9 3.1 - 6.7 3.0 - 6.4 3.0 - 6.0 2.8 - 5.7 2.7 - 5.4 2.8 - 5.0 2.6 - 5.1 2.6 - 7.0 3.2 63.4 6.5 3.1 61.6 6.4 3.1 62.4 6.0 2.8 64.2 5.9 2.7 - 5.7 2.8 - 5.5 2.7 - 4.8 2.4 - 4.8 2.3 - 4.2 2.1 - 4.4 2.3 - 4.2 2.2 - 6.6 3.3 68.1 6.6 3.1 77.3 6.2 2.9 68.2 5.9 2.8 71.2 5.2 2.5 - 4.7 2.3 - 4.8 2.4 - 4.6 2.5 - 4.3 2.2 - 3.9 1.8 - 4.1 1.8 - 3.7 1.9 - 16.2 8.0 147.2 16.2 7.8 151.3 15.1 7.2 150.9 14.5 6.8 153.3 13.9 6.5 - 14.0 6.7 - 12.9 6.5 - 12.3 6.3 - 11.9 5.8 - 11.2 5.8 - 10.1 5.5 - 10.7 5.8 - 13.6 6.5 130.4 12.1 5.9 152.3 12.5 5.9 140.8 12.1 5.4 128.5 12.1 5.5 - 12.0 5.3 - 11.4 4.8 - 10.7 4.5 - 10.6 4.3 - 9.8 4.5 - 10.3 5.0 - 9.0 4.3 - 9.2 5.3 121.5 9.6 5.5 134.1 9.3 5.4 140.0 9.1 5.1 144.0 9.5 5.4 - 9.3 5.5 - 9.1 5.2 - 8.7 5.1 - 8.2 4.8 - 7.3 4.3 - 7.3 4.4 - 4.3 - 8.0 3.6 63.5 7.9 3.5 65.6 7.6 3.4 72.0 8.4 3.5 80.1 8.1 3.4 - 7.9 3.4 - 7.5 3.2 - 6.8 2.9 - 6.7 3.0 - 6.5 2.8 - 6.1 2.7 - - 7.7 4.0 71.9 7.4 3.7 71.5 7.2 3.7 79.2 7.6 3.6 82.4 7.8 3.7 - 7.7 3.8 - 7.5 3.6 - 6.6 3.4 - 6.5 3.2 - 6.5 3.3 - 6.3 3.3 - 5.8 - 8.1 3.4 60.0 8.1 3.4 63.2 7.7 3.3 69.1 8.7 3.4 79.2 8.2 3.3 - 7.9 3.3 - 7.5 3.0 - 6.9 2.8 - 6.8 2.9 - 6.5 2.7 - 6.1 2.5 - - 2.0 .9 17.6 2.4 1.1 27.3 2.4 1.1 24.1 2.9 1.2 32.9 2.9 1.2 - 2.7 1.1 - 2.6 1.0 - 2.4 .9 - 2.2 .9 - .7 .5 - 1.8 .8 - 1.9 .8 - 5.5 2.7 51.2 6.0 2.8 56.4 6.2 2.8 60.0 7.1 3.0 68.6 6.7 2.8 - 6.5 2.8 - 6.4 2.8 - 6.0 2.6 - 5.6 2.5 - 5.2 2.4 - 4.9 2.2 - 4.9 2.2 - T ran sp o rtatio n a n d p u b lic utilities Total c a s e s .................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................ W h o le s a le an d retail trade Total c a s e s .................................................................................... Lost workday cases......................................................................... Lost workdays................................................................................. Wholesale trade: Total c a s e s .................................................................................... Lost workday cases......................................................................... Lost workdays................................................................................ Retail trade: Total c a s e s .................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................ F in a n c e , in su ra n ce , a nd real estate Total c a s e s .................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................. S e rv ic e s Total c a s e s .................................................................................... Lost workday cases......................................................................... Lost workdays................................................................................. ’ Data for 1989 and subsequent years are based on the Standard Industrial Class ification Manual, 1987 Edition. For this reason, they are not strictly comparable with data for the years 1985-88, which were based on the Standard Industrial Classification Manual, 1972 Edition, 1977 Supplement. 2 Beginning with the 1992 survey, the annual survey measures only nonfatal injuries and illnesses, while past surveys covered both fatal and nonfatal incidents. To better address fatalities, a basic element of workplace safety, BLS implemented the Census of Fatal Occupational Injuries. 3 The incidence rates represent the number of injuries and illnesses or lost workdays per 100 full-time workers and were calculated as (N/EH) X 200,000, wheite: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis N - number of injuries and illnesses or lost workdays; EH - total hours worked by all employees during the calendar year; and 200,000 - base for 100 full-time equivalent workers (working 40 hours per week, 50 weeks per year). 4 Beginning with the 1993 survey, lost workday estimates will not be generated. As of 1992, BLS began generating percent distributions and the median number of days away from work by industry and for groups of workers sustaining similar work disabilities. 6 Excludes farms with fewer than 11 employees since 1976. Dash indicates data not available. M o n th ly La b o r R e view J u n e 2002 135 Current Labor Statistics: Injury and Illness 51. Fatal occupational injuries by event or exposure, 1994-2000 Fatalities Event or exposure1 1994-98 19992 Average Number Noncollision incident......................................................................... Falls............................................................................................................ O ther e v e n ts or e x p o s u re s 3................................................................. 1 Based on the 1992 BLS Occupational Injury and Illness 3 2000 Number Percent 6,280 6,054 5,915 100 2,640 1,374 662 113 240 136 272 368 280 387 215 304 382 104 78 2,618 1,496 714 129 270 161 334 390 322 352 206 228 377 102 56 2,571 1,363 694 136 243 153 279 356 304 399 213 280 370 84 71 43 23 12 2 4 3 5 6 5 7 4 5 6 1 1 1,168 923 748 68 107 215 909 651 509 62 80 218 929 677 533 66 78 220 16 11 9 1 1 4 984 564 364 60 281 148 124 1,030 585 358 55 302 163 129 1,005 570 357 61 294 157 123 17 10 6 1 5 3 2 686 609 101 146 89 53 721 634 96 153 92 70 734 659 110 150 85 56 12 11 2 3 2 1 583 322 136 45 118 66 96 77 533 280 125 51 108 55 92 75 480 256 128 29 100 48 93 74 8 4 2 2 1 2 1 199 216 177 3 21 27 19 Includes the category "Bodily reaction and exertion." Classification Structures. 2 The BLS news release issued August 17, 2000, reported a total of 6,023 fatal work injuries for calendar year 1999. Since then, an additional 31 job-related fatalities were identified, NOTE: Totals for major categories may include sub categories not shown separately. P ercentages may not add to totals because of rounding. Dash indicates less than 0.5 bringing the total job-related fatality count for 1999 to 6,054. percent. 136 M o n th ly La b o r R eview https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Jun e 2002 Obtaining information from the Bureau of Labor Statistics O ffice o r T opic Bureau of Labor Statistics Information services I n te r n e t a d d r ess http://www.bls.gov http ://www. bis. go v/opub/ E -m ail blsdata_staff@bls.gov Employment and unemployment Employment, hours, and earnings: National State and local Labor force statistics: National Local Ul-covered employment, wages Occupational employment Mass layoffs Longitudinal data http://www.bls.gov/ces/ http://www.bls.gov/sae/ cesinfo@bls.gov data_sa@bls.gov http ://w w w. bl s. go v/cps/ http://www.bls.gov/lau/ http ://www. b 1s.go v/ce w/ http://www.bls.gov/oes/ http://www.bls.gov/lau/ http://www.bls.gov/nls/ cpsinfo@bls.gov lausinfo@bls.gov cewinfo@bls.gov oesinfo@bls.gov mlsinfo@bls.gov nls info@bls.gov http://www.bls.gov/cpi/ http ://www. bis.gov/ppi / http://www.bls.gov/mxp/ http://www.bls.gov/cex/ cpi info@bls.gov ppi-info@bls.gov mxpinfo@bls.gov cexinfo@bls.gov http ://www. bis .go v/ncs/ http ://w ww. bl s.go v/ebs/ http://www.bls.gov/ect/ http://www.bls.gov/ncs/ http://www.bls.gov/iif/ http ://stats .bls.gov/iif/ http ://www. b 1s.go v/cba/ ocltinfo@bls.gov ocltinfo@bls.gov ocltinfo@bls.gov ocltinfo@bls.gov oshstaff@bls.gov cfoistaff@bls.gov cbainfo@bls.gov http://www.bls.gov/lpc/ http://www.bls.gov/lpc/ http://www.bls.gov/mlp/ dprweb@bls.gov dipsweb@bls.gov dprweb@bls.gov http ://www.bls.gov/emp/ http://www.bls.gov/oco/ oohinfo@bls.gov oohinfo@bls.gov http://www.bls.gov/fls/ flshelp@bls.gov http ://www. bis. gov/ro4/ http://www.bls.gov/rol/ http://www.bls.gov/ro5/ http://www.bls.gov/ro6/ http://www.bls.gov/ro7/ http ://www. bis. go v/ro2/ http://www.bls.gov/ro3/ http ://w w w. b 1s.go v/ro9/ BLSinfoAtlanta@bls.gov BLSinfoBoston@bls.gov BLSinfoChicago@bls.gov BLSinfoDallas@bls.gov BLSinfoKansasCity@bls.gov BLSinfoNY@bls.gov BLSinfoPhiladelphia@bls.gov BLSinfoSF@bls.gov Prices and living conditions Consumer price indexes Producer price indexes) Import and export price indexes Consumer expenditures Compensation and working conditions National Compensation Survey: Employee benefits Employment cost trends Occupational compensation Occupational illnesses, injuries Fatal occupational injuries Collective bargaining Productivity Labor Industry Multifactor Projections Employment Occupation International Regional centers Atlanta Boston Chicago Dallas Kansas City New York Philadelphia San Francisco Other Federal statistical agencies https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis http://www.fedstats.gov/ U .S . D E P A R T M E N T O F L A B O R P eriodicals Bureau of La bo r Statistics P ostag e and F e e s Paid Postal S q u a re Building, Rm . 2850 U .S . D epartm ent of Labor 2 M a ssa ch u se tts A ve., N E U S P S 987-800 W ashington, D C 20212-0001 Official B u sin e ss Penalty for Private U se, $300 A d d re s s S e rv ice R eq u ested \ M LR FED FEDRE442F RESERVE CAROL PO BOX SAINT ISSDUE003R BANK THAXTON OF ST LIBRARY 1 LOUIS UNIT 442 LOUIS M0 63166 Schedule of release dates for BLS statistical series Series Release date Period covered Release date Period covered Release date Period covered Employment situation June 7 May July 5 June August 2 July 1; 4-24 U.S. Import and Export Price Indexes June 12 May July 10 June August 7 July 38-42 Producer Price Indexes June 13 May July 11 June August 8 July 2; 35-37 Consumer Price indexes June 18 May July 19 June August 16 July 2; 32-34 Real earnings June 18 May July 19 June August 16 July 14, 16 July 25 2nd quarter Employment Cost Indexes Productivity and costs https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MLR table number 1-3; 25-28 August 9 2nd quarter 2;43-46