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https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis U.S. DEPARTMENT OF LABOR Ray Marshall, Secretary BUREAU OF LABOR STATISTICS Janet L. Norwood, Commissioner The Monthly Labor Review is published by the Bureau of Labor Statistics of the U.S. Department of Labor. Communications on editorial matters should be addressed to the Editor-in-Chief, Monthly Labor Review, Bureau of Labor Statistics, Washington, D.C. 20212. Phone: (202) 523-1327. Subscription price per year — $18 domestic; $22.50 foreign. Single copy $2.50. Subscription prices and distribution policies for the Monthly Labor Review (ISSN 0098-0818) and other Government publications are set by the Government Printing Office, an agency of the U.S. Congress. Send correspondence on circulation and subscription matters (including address changes) to: Superintendent of Documents, Government Printing Office, Washington, D.C. 20402 Make checks payable to Superintendent of Documents. 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Box 13309, Philadelphia, Pa. 19101 Phone: (215) 596-1154 Delaware District of Columbia Maryland Pennsylvania Virginia W est Virginia Region IV— Atlanta: Donald M. Cruse 1371 Peachtree Street, N.E., Atlanta, Ga. 30309 Phone: (404) 881-4418 Alabama Florida Georgia Kentucky Mississippi North Carolina South Carolina Tennessee Region V — Chicago: William £ Rice 9th Floor, Federal Office Building, 230 S. Dearborn Street, Chicago, III. 60604 Phone: (312) 353-1880 Illinois Indiana Michigan Minnesota Ohio Wisconsin Region VI — Dallas: Bryan Richey Second Floor, 555 Griffin Square Building, Dallas, Tex. 75202 Phone: (214) 767-6971 Arkansas Louisiana New Mexico Oklahoma Texas Regions VII and VIII — Kansas City: E lliott A. Browar 911 Walnut Street, Kansas City, Mo. 64106 Phone: (816) 374-2481 VII Iowa Kansas Missouri Nebraska VIII Colorado Montana North Dakota South Dakota Utah Wyoming May cover: Riveters, 1937 plaster model by Chaim Gross, for relief panel over entrance of Federal Trade Commission Building, Washington, D.C. Courtesy National Collection of Fine Arts, Smithsonian Institution. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Regions IX and X — San Francisco: D. Bruce Hanchett 450 Golden Gate Avenue, Box 36017, San Francisco, Calif. 94102 Phone: (415) 556-4678 IX American Samoa Arizona California Guam Hawaii Nevada Trust Territory of the Pacific Islands X Alaska Idaho Oregon Washington reference department MONTHLY LABOR REVIEW JUN 10 1980 MAY 1980 VOLUME 103, NUMBER 5 KALAMAZOO PUBLIC UBRARV Henry Lowenstern, Editor-in-Chief Robert W. Fisher, Executive Editor John F. Early and others 3 Double-digit inflation today and in 1973-74: a comparison Energy, housing, and materials spurred the acceleration of prices in both periods; how inflation slowed dramatically in 1975 points to factors to watch currently Virginia L. Ward 21 Measuring wage relationships among selected occupations J Occupational wage spreads, as measured by survey averages, do not mirror relationships within individual companies; pay differentials are much smaller within establishments H. Brand, C. Huffstutler 26 The paper and plastic bag industry: two productivity phases In 1967-77, output per employee hour accelerated after a sluggish increase in 1954-66; the rise was linked to improved technology and rapid growth in output as demand surged reports Daniel J. B. Mitchell Jack E. Triplett Edward S. Sekscenski George Stamas Francis W. Horvath T. Roger Manley and others Tadd Linsenmayer https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 31 33 36 39 43 46 50 Does the CPI exaggerate or undersWe inflation? Does the CPI exaggerate or understate inflation? Some observations Women’s share of moonlighting nearly doubles during 1969-79 Percent working long hours shows first post-recession decline Tracking individual earnings mobility with the Current Population Survey The extent of alcoholism among Air Force employees U.S. rejoins ILO: agenda for 1980’s stresses human rights DEPARTMENTS 2 31 36 43 50 52 54 58 65 Labor month in review Communications Special labor force reports— summaries Research summaries Foreign labor developments Major agreements expiring next month Developments in industrial relations Book reviews Current labor statistics Labor M onth In Review KLEIN AWARD. The trustees of the Lawrence R. Klein Fund selected a single article to receive the 11th annual Klein Award. The article, “ The effect of dem ographic changes on the Nation’s unemploy ment rate,” appeared in the March 1979 Monthly Labor Review. Its author, Paul O. Flaim, is chief of the Division of Labor Force Studies in the BLS Office of Current Employment Analysis. Runners-up among articles by BLS authors were “ Young and marginal: an overview of youth employment,” by Norman Bowers, October 1979, and “ The influence of energy on industry output and em ploym ent,” by Ronald E. Kutscher, December 1979. The trustees presented no award this year to an author outside BLS. Nevertheless, the trustees expressed a d m ira tio n fo r T hom as A. Kochan’s “ How American workers view labor unions,” April 1979, Graham L. Staines’ and Robert P. Q u in n ’s “ A m erican w orkers evaluate the quality of their jobs,” January 1979, and Joseph H. Wex’s and William S. McGee’s “ Unioniza tion of court employees has raised legal, practical questions,” August 1979. The Kochan and StainesQuinn articles were based on the Quality of Employment Survey, conducted by the Survey Research Center of the U niversity of Michigan for the U.S. Department of Labor. The trustees also cited several “ excellent” articles based on papers commissioned by the Na tional Commission on Employment and Unemployment Statistics. Flaim’s article separates cyclical in fluences on the unemployment rate from noncyclical factors such as 2 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis changes in the composition of the labor force. Flaim finds that the large increase in the proportion of the labor force which resulted from the maturing of the post-World War II baby boom was one of the demographic factors which exerted upward pressure on the unemploy ment rate over the past two decades. Flaim estimates that from 0.6 to 1.0 percentage point of the increase in the overall unemployment rate over the 1957-77 period can be attributed to the changing composition of the labor force. The effect of the d e m o g ra p h ic fa c to rs sh o u ld dissipate gradually during the 1980’s, Flaim concludes. Origin of the award. For more than half a century, writing for the Monthly Labor Review was its own reward. Lawrence R. Klein changed that when he retired as Review editor in 1968. Instead of accepting a retirement gift, he matched the money collected for that purpose and established a fund to reward good writing and original research in the Review. Since 1969, fund trustees (in cluding Klein) have presented awards to authors of 19 Review ar ticles on the basis of these criteria: originality of ideas or method of analysis, adherence to principles of scientific inquiry, and good writing. Awards, which initially carried cash prizes of $100 each, are now $200. Contributions to the Lawrence R. Klein Award Fund are tax deducti ble and may be sent to Ben Burdetsky, Secretary-Treasurer, Lawrence R. Klein Award Fund, c/o School of Government and Business Ad ministration, The George Wash ington University, Washington, D.C. 20052. □ The winners Mollie Orshansky, a social insurance research analyst at the Social Security Administration, won the first Lawrence R. Klein Award in 1970 for her article explaining “How poverty is measured” in the February 1969 Monthly Labor Review. Eighteen other BLS and outside authors have been honored since. Here is the complete list of winners: 1970 1971 Mollie Orshansky Hyman Kaitz 1976 Curtis Gilroy Nicholas Ashford 1972 Janice N. Hedges Denis Johnston 1977 Constance Sorrentino Rita M. Maldonado 1973 Peter Henle T. Aldrich Finegan 1978 William Deuterman Harold Douty 1974 Robert W. Fisher Jonathan Grossman 1979 Morris Newman Fred Best 1975 John Early Joseph Mire 1980 Paul O. Flaim Double-digit inflation today and in 1973-74: a comparison Energy, housing, and materials spurred the acceleration o f prices in both periods; how inflation slowed dramatically in 1975 points to factors to watch currently B y Jo h n F . E a r l y , C r a i g H o w e l l and A ndrew C lem The decade just ended was marked by two distinct peri ods of double-digit inflation, a combination unprece dented in peacetime. The first price surge occurred in 1973-74, and the second began in 1978 and has contin ued into 1980. In this article, we describe the life cycle of the first period and examine the first two stages of the current inflation. We identify factors which generated and sustained inflation rates in the neighborhood of 13 per cent and reduced inflation to an average of about half that rate for more than 2 years in the intervening peri od. This comparison can provide a basis for a better un derstanding of the current situation. The two periods have a number of similarities, in cluding: • Rapid runups in prices for energy, especially petroleum-based fuels, which occurred just as prices for other items were approaching double-digit inflation; • Early, sharp increases in food prices; •Steep rises in home prices and mortgage interest rates for at least 2 years after the housing market began to soften; •M ajor indirect effects from the increases in energy prices within 3 to 6 months of the crude energy price boosts; • Rapid commodity inflation among crude and inter mediate materials other than food and energy; and •Significant declines in the value of the dollar in in- John F. Early is Assistant Commissioner for Industrial Prices and Price Indexes, Bureau of Labor Statistics. Craig Howell and Andrew Clem are economists in the Division of Industrial Prices and Price In dexes. The authors were assisted by William Thomas and James Webbenhurst, economists in the same office. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ternational markets, which further aggravated infla tion. Some of the differences between the two periods in clude: •The larger relative increases in the price of oil imported from members of the Organization of Petro leum Exporting Countries during the earlier period; •The more protracted OPEC increases in the current period; •The greater role of shortages and worldwide com modity inflation in the earlier period; •The effect of speculation in the current period; •The greater inflationary impact of energy costs on retail food prices in the current period; • The impact of an inflationary-expectations psycholo gy on saving, debt, and prices in the current period; and •The delay in rapid price rises for natural gas until relatively late in the earlier period. We also discuss factors contributing to the slowdown in price increases during 1974-75, including: •The precipitous drop in business activity in late 1974; •The substantial deceleration in prices of crude and intermediate materials; and •The cessation of major crude petroleum price in creases and the completion of most indirect pass through effects on prices of other goods and services. As an analytical aid, we have identified four stages in these two periods of inflation. The first is the low pla teau. From January 1971 until May 1972, the Con sumer Price Index increased at an annual rate of about 3 MONTHLY LABOR REVIEW May 1980 • Double-Digit Inflation 3.5 percent. During that time, the seasonally adjusted 3-month annual rate of change generally varied between 2 and 5 percent, partly as the result of the Government’s comprehensive wage and price controls, which started in August 1971.' A similar low plateau lasted from May 1975 until October 1977. During this time, prices were rising at an average rate of about 6 percent; however, there was somewhat greater volatility around this aver age, reflecting, in part, wide swings in food prices. But once again the variation was within a relatively narrow range. (See chart 1.) After both May 1972 and October 1977, prices began to rise at generally increasing rates. This signaled the beginning of the acceleration phase. In the earlier case, it lasted 22 months, with price increases accelerating from a 3-month annual rate of 2.6 percent to 14.3 per cent; in the later case, it lasted 17 months, as prices ac celerated from a 5.1-percent rate to 13 percent. What can be characterized as high plateaus followed the rapid accelerations. From March through October 1974, inflation averaged about 12.5 percent. For the 11 months ended in February 1980, inflation averaged about 14 percent. In both cases there were some changes in the inflation rate during this high plateau phase, but, by definition, a high plateau is not marked by a clear 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis acceleration or deceleration. Because the current period of double-digit inflation has not yet come to an end as of this writing, there is some ambiguity in dating its phases. It is not yet clear whether the 17.2-percent an nual rate of advance in the All Items CPI for the 3 months ended in February 1980 represents a short-term fluctuation within the high plateau stage or a resump tion of acceleration. Finally, the CPI began its deceleration phase in Octo ber 1974. Over the next 7 months, inflation plummeted from a rate of 14.2 percent to 4.4 percent. A profile of the two periods 1973-74. An upturn in food prices in the spring of 1972 was directly responsible for th’e acceleration in the All Items CPI, as prices for most other goods were sub ject to the strict provisions of the Administration’s Phase II price control program. (See table 1 and chart 2.) In May 1972, the CPI for food was rising at a 3-month annual rate of only 1.3 percent; but by the fol lowing April it was climbing at a 25.4-percent rate. Food price increases slowed considerably in mid-1973 when a 60-day price freeze was imposed, and surged again after the freeze was lifted. Food price increases Table 1. Timing and magnitude of specific inflationary cycles of the Consumer Price Index and selected components Timing of phase Index Acceleration Length of phase (months) Percent change over phase High plateau High plateau Deceleration Deceleration Acceleration Deceleration Acceleration Start End Start End May 1972 Oct. 1977 Mar. 1974 Mar. 1979 Oct. 1974 ( 1) May 1975 (’ ) 22 17 7 111 7 { 1) 14.8 13.7 6.7 ’ 11.5 4.2 (’ ) Food .......................................................... May 1972 Jan. 1977 Sept. 1978 Apr. 1973 June 1978 Feb. 1979 Oct. 1973 June 1978 Feb. 1979 July 1974 Sept. 1978 Aug. 1979 11 17 5 6 0 0 9 3 6 11.3 15.3 5.6 9.2 7.0 1.6 3.1 Energy.............................................. Sept. 1973 July 1978 Mar. 1974 June 1979 Mar. 1974 Aug. 1979 Dec. 1974 ( 2) 6 11 0 2 9 ( 2) 25.7 24.3 Gasoline .............................................. Sept. 1973 June 1978 Mar. 1974 June 1979 Mar. 1974 June 1979 Oct. 1974 ( 2) 6 12 0 0 7 ( 2) 36.8 36.3 1.1 ( 2) Fuel oil, coal, and bottled gas ................ Sept. 1973 July 1978 Jan. 1974 Aug. 1979 Jan. 1974 Aug. 1979 Mar. 1975 ( 2) 4 13 0 0 14 ( 2) 45.7 48.9 17.3 ( 2) Piped gas and electricity........................ July 1973 Nov. 1978 Mar. 1974 July 1979 ( 3) July 1979 ( 3) Jan. 1980 8 8 ( 3) 0 ( 3) 6 11.6 12.6 ( 3) ( 3) 10.5 All items less food and energy...................... July 1973 Oct. 1977 Aug. 1974 ( 4) Oct. 1974 ( 4) July 1975 ( 4) 13 428 2 ( 4) 9 ( 4) 10.2 423.7 2.0 ( 4) 5.6 ( 4) Commodities less food and energy ........ Sept. 1973 Sept. 1977 Aug. 1974 ( 4) Oct. 1974 ( 4) July 1975 ( 4> 11 429 2 ( 4) 9 ( 4) 8.9 420.1 2.3 ( 4) 5.4 ( 4) Home purchase ............................ Mar. 1973 Nov. 1976 Feb. 1975 ( 4) Apr. 1975 ( 4) Apr. 1976 ( 4) 23 439 2 ( 4) 12 ( 4) 17.8 441.5 2.9 ( 4) 4.1 ( 4) Services less energy...................... Nov. 1972 Oct. 1977 July 1974 ( 4) Sept. 1974 ( 4) May 1975 ( 4) 20 428 2 ( 4) 8 ( 4) 12.9 427.7 2.0 ( 4) 5.4 ( 4) Nov. 1972 Oct. 1977 Oct. 1973 ( 4) Dec. 1974 ( 4) Sept. 1975 ( 4) 11 428 14 ( 4) 9 ( 4) 10.1 454.7 16.3 ( 4) 4.3 ( 4) All items ................................................ Home financing, taxes, and insurance .................................. ' Computations are made as though the end of the All Items CPI high plateau phase were February 1980. However, there is yet no evidence of any deceleration. Energy price Increases at the beginning of 1980 may indicate the start of a new acceleration phase. fluctuated widely thereafter, rising a total of 12.2 per cent in 1974. Energy prices boomed at the end of 1973 and the be ginning of the next year. (See chart 3.) After rising at a rate of only 2.3 percent in the third quarter of 1973, en ergy prices soared at a 49.8-percent rate in the fourth quarter and a 66.8-percent rate in the first 3 months of 1974. The index did not remain on a high plateau but immediately began to slow down; by the summer of 1974, energy prices were no longer rising at a double digit rate. The CPI for all items other than food and energy started its acceleration phase in the late summer of 1973 after the freeze on prices. Through the rest of 1973 and into the spring of 1974, the Administration gradually dismantled its comprehensive program to control prices and wages. All remaining general price controls lapsed as of April 30, 1974, as Congress did not renew the President’s authority to impose such controls. By Octo ber 1974, the CPI for nonfood nonenergy items was ad vancing at an annual rate of 14.2 percent. Some increases reflected the pass-through of sharply higher costs for fuels and energy-intensive materials and thus would have been allowed even under the former con trols. Other advances reflected attempts by producers to https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7.3 7.1 ( 2) 3Phase was not well defined. 4No evidence that the acceleration phase has ended for these indexes. For purposes of computation, February 1980 was assumed to be the end of the acceleration phase restore traditional profit margins and to recover costs which could not be fully passed through under the rules of the controls program. The indexes for food, energy, and other items each contributed roughly one-third of the total acceleration in the All Items CPI from May 1972 through March 1974. (See table 2.) Food prices were the dominant fac tor until mid-1973, when the acceleration in increases for energy and other items became crucial. The high plateau in the overall inflation rate during much of 1974 reflected a balance between slower rates for energy and steeper rates for items other than food and energy, with food prices climbing briskly throughout the period. The deceleration of the CPI from October 1974 through May 1975 showed the combined impact of food prices, which moved from a 19.3-percent rate of increase to a 1.2-percent rate of decline, and other nonenergy prices, which slowed from a rate of increase of 14.2 percent to 5.9 percent. Energy price increases had already deceler ated to a rate of less than 5 percent by the time the CPI started to slow down, but then moved back up to a 3-month rate of 10 percent by May 1975. 1978- 79. The acceleration of the All Items CPI after Oc tober 1977 followed the trough of the previous recession 5 MONTHLY LABOR REVIEW May 1980 • Double-Digit Inflation by about two and one-half years. As of October 1977, the indexes for food, energy, and other items were all rising at rates between 5 and 6 percent. By the time the CPI had reached a high plateau in March 1979, energy prices were surging at a 25.7-percent rate, food prices were climbing at a 16-percent rate, and prices for other items were increasing at a rate of just over 10 percent. Food prices seemed to follow a pattern of their own during the 1977-79 period and are thus more difficult to integrate into the overall inflation picture. In each of these three years, food prices climbed sharply early in the year when unusually harsh winter weather damaged crops and disrupted normal transportation and distribu tion channels. Poor weather in the United States and in many other major producing countries early in the year also raised fears that summer and fall harvests would be inadequate. Food price inflation eased later each year as generally favorable growing conditions led to excellent harvests for many crops. During the acceleration phase of the current inflation, the food index accounted for about one-fourth of the acceleration in the All Items CPI, compared with onethird of the earlier acceleration. When the All Items in flation rate was on a high plateau from early 1979 into early 1980, food prices provided a major decelerating pressure. Food prices were rising at a rate of 5.6 per 6 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis cent in February 1980, considerably less than the 16.0-percent rate registered in March 1979. A more moderate winter in 1979-80 was an important factor in preventing the bulge in food price increases that had marked the previous three years. As in the earlier period, energy prices did not begin to accelerate until some time after the All Items CPI had started to speed up. In the latter half of 1978, ener gy prices rose at an annual rate of 10 percent; but by mid-1979, energy prices were soaring at a rate of about 60 percent. Energy prices, like food prices, played a somewhat smaller role during the acceleration phase of the current inflation. But, unlike the earlier period, ener gy prices did not slow down as dramatically as they had speeded up; the energy CPI was still rising at a rate of 19.2 percent in the final quarter of the year. Another round of sharply higher prices for gasoline and home heating oil resulted in a much higher rate of increase for the energy index in the opening months of 1980, a situ ation without parallel in 1973-74. In the remainder of this article, we examine some of the major factors that have helped to determine the course of double-digit inflation through both periods — the rapid rise in energy prices, the indirect effects of en ergy price increases, inflation in manufacturing materi als, the role of food prices, the behavior of prices of Chart 3. Inflation rates for retail and producer prices of energy, 1972-801 Three-month change seasonally adjusted at annual rates for Consumer Price Index for All Urban Consumers (energy) and Producer Price Index for finished energy goods. other goods and services, capital equipment prices, mortgage interest rates, and house prices. Based on that discussion, our final section presents a detailed analysis of the inflation picture as of early 1980, noting those factors which are continuing to produce double-digit in flation, as well as other influences which may eventually slow inflation. Energy prices explode There were marked similarities in the timing of ener gy price increases relative to the two inflationary cycles. Sharp increases in world crude petroleum prices oc https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis curred on both occasions after inflation had already ap proached double-digit rates for other reasons. Prices for domestic crude oil also climbed sharply both times as controls were relaxed to encourage greater energy inde pendence by spurring production and conservation. Prices for other forms of energy moved up sharply in the wake of higher crude oil costs. The added impetus of higher energy costs pushed the overall rate of infla tion to its highest point. The United States became increasingly dependent on imported crude petroleum during the 1970’s. The ratio of imports to total domestic consumption of crude oil 7 MONTHLY LABOR REVIEW May 1980 • Double-Digit Inflation rose from 26 percent in 1973 to 45 percent in 1977. The import ratio has since varied between 40 and 45 per cent. As a result, the cost impacts of OPEC price changes are now much greater than they were in 1973. Crude oil. A similar sequence of events led to the rapid advances for foreign and domestic crude petroleum prices in both periods. The world-wide level of econom ic activity was very high by 1973 as well as by 1978, and demand for petroleum products intensified as a re sult. Political upheaval in the Middle East led to partial cutoffs of oil shipments both times. The outbreak of the October 1973 Arab-Israeli war was followed by an em bargo on some oil shipments by the Arab members of OPEC, and the Iranian revolution during the winter of 1978-79 resulted in a stoppage of all oil shipments from Iran. In each period, the tight supply of oil in the world market made it easier for oil-exporting nations to raise their prices to record levels. Already rapidly rising prices for other goods may also have contributed to both the desire and ability of petroleum-exporting countries to raise their prices. There were, however, substantial differences between Table 2. the two periods. The price increase in 1973 was uniform for all OPEC members and was implemented at essen tially one time. In 1979, by contrast, a number of in creases were effected throughout the year, and the disciplined OPEC price structure was broken; several nations imposed varying surcharges in addition to the official price or sold substantial amounts of their pro duction in the higher-priced spot market. Another important difference was that the change in OPEC crude oil prices was greater in 1979 than in 1973 in terms of absolute differences of dollar prices, al though the relative increase was larger in the earlier pe riod. Between September 1973 and January 1974, the benchmark price for OPEC crude oil (Saudi Arabia light grade) rose by about $8 a barrel, an increase of more than 260 percent. In comparison, the price of Saudi light crude oil advanced $11.30 a barrel from De cember 1978 to December 1979, an increase of 89 per cent. But because of surcharges and frequent spot market sales, the cost of oil actually imported into this country rose more quickly than the benchmark prices in 1979.2 In the wake of the Arab oil export embargo in 1973 Contributions of selected Consumer Price Index components to overall inflation rate Index Reference cycle for All Items CPI . . . . 3-month seasonally adjusted annual rate Differenee Deceleration High plateau Acceleration Contributlon ’ 3-month seasonally adjusted annual rate Difference Contribution1 3-month seasonally adjusted annual rate Start End Start End Start End May 72 Oct. 77 Mar. 74 Mar. 79 Mar. 74 Mar. 79 Oct. 74 Feb. '802 Oct. 74 May 75 Differenee Contribu tion 1 All items .......................................... 2.6 5.1 14.3 13.0 11.7 7.9 11.7 7.9 14.3 13.0 14.2 17.2 -0.1 4.2 -0.1 4.2 14.2 4.4 -9.8 -9.8 Food ........................................ 1.3 5.9 17.9 16.0 16.6 10.1 3.9 1.9 17.9 16.0 19.3 5.6 1.4 -10.4 .3 -1.9 19.3 -1.2 -20 5 -5.0 Energy...................................... 2.5 5.9 66.8 25.7 64.3 198 4.1 1.8 668 25.7 3.5 60.0 -63.3 34.3 -4.4 2.9 3.5 10.0 6.5 .6 Gasoline ............................ .8 3.7 106.1 38.0 106.9 34.3 2.9 1.4 106.1 380 -9.6 95.4 -115.7 57.4 -3.4 2.4 -9.6 6.6 16.2 .5 Home heating oil ................ 4.6 5.5 79.6 44.3 75.0 38.8 .5 .3 79.6 44.3 11.8 63.1 -67.8 18.8 -.6 .1 11.8 Ò -11.8 -.1 Piped gas and electricity . . . . 4.1 6.3 30.4 13 9 26.3 7.6 .6 .3 30.4 13.9 15.3 18.4 -15.1 4.5 -.4 .2 15.3 11.8 -3.5 -.1 2.9 5.1 8.0 10.2 5.1 5.1 3.8 4.1 8.0 10.2 14.2 15.5 6.2 5.3 4.0 3.3 14.2 5.9 -8.3 -5.4 2.7 4.0 8.2 9.1 5.5 5.1 2.0 1.9 8.2 9.1 15.8 11.1 7.6 2.0 2.9 .7 15.8 6.0 -9.8 -3.4 Home purchase .......... 1.6 7.3 11.3 11.3 9.7 4.0 .6 .4 11.3 11.3 11.4 10.0 .1 -1.3 0 -.1 11.4 16.2 4.8 .3 Services less energy .. . 4.0 6.1 8.9 11.7 4.9 5.6 1.7 2.1 8.9 11.7 11.7 18.7 2.8 7.0 1.1 2.6 11.7 5.8 -5.9 -2.0 -2.1 8.9 8.7 28.8 10 8 19.9 .4 1.3 8.7 288 27.4 48.0 18.7 19.2 .8 1.4 27.4 3.0 -24.4 -1.1 All items less food and energy .. . Commodities less food and energy........................ Contracted mortgage Interest cost ........ ' Entries in this column show how much of the difference in the rate of change for the All Items CPI during each phase was accounted for by the difference in the rate of change for the CPI components shown. 8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2Computations are made as though the end of the All Items CPI high plateau phase were February 1980. However, there is yet no evidence of any deceleration. and the stiff boost in world oil prices, the Federal Gov ernment set higher prices for oil extracted from new wells and for any additional oil pumped from old wells in excess of the previous rate of production. Prices for oil from wells with very low yields (stripper wells) were completely decontrolled. As a result, the price of crude petroleum produced in this country rose 60.3 percent between August 1973 and February 1974. In the spring of 1979, the Administration accelerated the phased deregulation of domestic crude petroleum prices, partly as a response to the changing world crude oil market. Higher prices were allowed for oil from some marginal lower tier (pre-1974) wells by reclassifying them as upper tier wells to encourage increased produc tion. In addition, the price of “heavy” crude oil, which is difficult and expensive to extract, was decontrolled. Prices for that portion of domestic production which is not controlled tended to follow the continuing rise in the world market price for crude oil; by the fall of 1979, this share had climbed to more than 25 percent of all domes tic output. These policy changes, plus the gradual lifting of prices of conventional upper and lower tier oil, led to sharp increases in the Producer Price Index for domestic crude petroleum; this index rose 53.4 percent from May 1979 through February 1980. Refined petroleum products. The rapid rises in crude pe troleum prices during both periods of double-digit in flation were quickly passed on by refiners and retailers to consumers: _______ Percent increase_______ Sept. 1 9 7 3 - Sept. 19 7 3 - Dec. 1978- Commodity Index Refined petroleum products . . . . PPI Gasoline........... PPI CPI Home heating oil ............... PPI CPI March 1974 Sept. 1974 Feb. 1980 56.2 85.2 85.1 49.9 36.8 73.6 40.4 84.1 75.3 68.4 52.2 101.2 66.2 85.6 79.2 During the first surge of inflation, price increases for refined petroleum products were concentrated in the first 6 months following the steep boost in foreign crude oil prices in the autumn of 1973. In the current period, prices for refined petroleum products have been rising since December 1978, reflecting the series of increases in both domestic and foreign crude oil prices. In both periods, prices charged by petroleum refiners advanced proportionately more than retail prices; how ever, there was a smaller difference between the relative increases at the primary market and retail levels in the current period. Dealers’ margins have not climbed near https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ly as much as have the prices received by refiners. About three-fourths of the retail price of gasoline went to pe troleum refiners at the end of 1979, while refiners only accounted for about half of the retail price before the 1973 energy crunch. Similarly, distributor margins for fuel oil are now a much smaller proportion of the total retail price than they were earlier. As a result, a given percent increase in producer prices for petroleum prod ucts now has a larger impact on consumer prices than before.3 Other energy items. Both times, the rise in crude petro leum prices increased demand for competing fuels, in particular, natural gas. In 1973-74, natural gas sold in interstate commerce was subject to strict control by the Federal Government. Gas sold only in intrastate com merce was subject to State regulation, which typically permitted price increases to market levels, although with some lag. As a result, natural gas prices did not begin to rise sharply until the second half of 1974. The PPI for natural gas rose 40.9 percent in 1979, compared with a record increase of 49.6 percent over a 12-month span in 1974 and 1975. Unlike the earlier peri od, the 1979 increases in natural gas prices roughly coin cided with increases in crude petroleum prices. The passage of the Natural Gas Policy Act of 1978 mandated the gradual decontrol of domestic interstate natural gas prices. This act established a number of pric ing categories for natural gas, based on the age of the wells, well depth, and other factors. Consequently, pro ducer prices for interstate natural gas soared 57.3 per cent during 1979, while prices for natural gas sold within the State of origin moved up 10.6 percent. (In December 1979, intrastate gas prices still exceeded inter state gas prices by 35 percent.) Prices of gas import ed from Canada increased 58.8 percent in 1979, as the National Energy Board of Canada tied its natural gas export prices to the world market price of crude petro leum. Electricity rates for household, commercial, and in dustrial consumers rose rapidly during both periods: Electricity use Household Index CPI Percent increase Sept. 1973Feb. 1979Sept. 1974 Feb. 1980 21.8 13.7 Commercial PPI 26.5 18.4 Industrial PPI 38.2 20.0 The slower rise in the current period may be attributable in large part to three factors: smaller in creases in residual fuel oil prices; less reliance by electric utilities on residual fuel oil as a fuel; and all cost in creases may not have been passed through yet to the consumer. 9 MONTHLY LABOR REVIEW May 1980 • Double-Digit Inflation Indirect energy effects In addition to higher prices for processed energy products, a rise in crude energy prices can produce two indirect effects: Price increases in commodities for which petroleum and natural gas are raw materials, and price increases associated with energy consumption in the production and distribution process. Crude petroleum and natural gas are feedstocks for a wide variety of chemicals which, in turn, are employed in the manufacture of thousands of goods. Table 3 illus trates some of the more significant impacts. The chemi cals listed as petroleum-based are either primary ones which are largely produced as part of the petroleum re fining process (benzene and toluene), or are derived from such chemicals. The exception is ethylene, which also has a substantial amount derived from natural gas liquids. Natural gas liquids serve as the primary source for another series of chemicals which are not, however, en tirely independent of petroleum feedstocks. In addition, the ammonia base for nitrogenous fertilizers is derived from natural gas. As effects of the 1973 OPEC oil price boosts were ap Table 3. pearing in prices for refined petroleum products, prices for primary chemicals such as benzene and toluene were also increasing, but at much more rapid rates. Prices for the more highly processed chemicals such as styrene monomer and acetone reached their maximum rates of increase about 1 quarter after the peak for primary chemicals and began to slow between 1 and 2 quarters after the prices of primary chemicals. Reflecting its par tial dependence on natural gas, prices for ethylene rose more slowly than prices for other petroleum-based chemicals in early 1974 but continued to rise rapidly into 1975 as natural gas prices accelerated in the second half of 1974. Prices for other natural-gas-related chemi cals and nitrogenous fertilizers also rose more slowly and for a longer time as the result of the different timing in natural gas price changes. During 1978 and 1979, there was less difference in the timing of price changes for petroleum and natural gas. As a result, prices for the two series of chemicals demonstrated greater similarity in their timing. Never theless, those with a substantial natural gas component have registered smaller price rises. For both series of chemicals, price increases during the current period have not been as sharp; however, large increases are Price changes in petroleum- and natural-gas-based materials, 1973-75 and 1978-80 Annualized percent change for 3 months ended — Producer Price Indexes Dec. 1973 Mar. 1974 June 1974 Sept. 1974 Dec. 1974 Mar. 1975 June 1975 Sept. 1978 Dec. 1978 Mar. 1979 June 1979 Sept. 1979 Dec. 1979 Feb. 1980 Refined petroleum products .................. 88.8 215.4 57.9 24.4 -0.3 -2.5 16.3 4.0 23.3 35.2 80.0 106.1 44.5 74.9 Petroleum-based chemicals ................ Benzene .............. Toluene................ Ethylene .............. Ortho-xylene ........ Styrene monomer .. Acetone................ 0 152.0 N.A. N.A. 137.4 0 1066.3 992.4 439.4 1016.6 421.3 198.1 97.9 172.6 157.2 513.6 995.6 403.2 74.4 -5.4 84.4 281.2 105.9 128.6 -4.1 -10.5 35.4 -11.8 18.0 43.1 -22.0 -42.1 30.9 -53.6 -12.0 .6 -40.4 -41.5 37.7 -9.2 -19.9 -29.6 19.0 35.2 .4 2.0 -.6 2.6 55.5 90.1 0 0 20.4 5.0 130.9 160.9 7.9 57.5 83.5 11.4 180.8 124.2 24.7 274.4 272.7 23.4 98.0 28.2 97.6 116.4 123.0 65.6 1.2 18.4 53.0 .5 1.8 33.4 40.4 42.7 77.4 15.0 14.3 29.6 Natural g a s .................. 17.9 19.0 11.0 23.1 44.8 37.7 79.2 13.0 21.5 39.0 43.7 45.5 35.8 45.4 Natural-gas-liquidsbased chemicals . . . . Formaldehyde . . . . Vinyl chloride........ Methanol .............. Methychloroform .. 0 N.A. N.A. N.A. 30.6 67.1 15.2 17.4 146.9 277.6 158.0 101.3 42.5 112.6 243.9 130.0 44.5 2.3 142.4 57.3 40.7 132.9 128.8 10.7 2.1 8.5 21.0 19.3 0 6.2 -4.0 31.5 4.0 -.6 -2.1 .5 7.5 -.1 6.4 -4.9 18.5 30.2 16.9 5.2 30.4 63.9 22.5 38.6 30.8 42.8 95.8 -5.0 54.4 41.0 33.1 6.6 0 238.9 31.6 164.3 124.6 35.9 -3.2 -9.9 -8.9 6.4 11.1 13.6 37.4 44.8 Plastic resins................ Plastic construction products .................. Plastic film and sheeting . 6.2 145.8 107.7 128.6 28.8 -.9 -16.7 -4.1 6.4 22.0 37.7 40.4 24.5 20.8 3.4 9.5 26.8 33.6 104.5 102.3 40.6 53.3 4.0 20.3 -17.2 -4.9 -12.7 -11.4 9.1 1.2 -3.7 5.5 21.3 3.9 14.3 18.7 14.4 8.0 -14.2 17.0 3.8 3.8 Synthetic rubber .......... Tires and tubes............ 7.3 27.3 45.1 53.9 91.9 13.3 30.1 17.6 16.9 12.7 -2.4 6.9 -10.4 7.1 6.9 -7.7 15.5 21.4 10.9 19.9 28.0 11.7 38.7 24.6 11.1 16.5 32.4 29.3 Cellulosic fibers............ Noncellulosic fibers . . . . .4 0 10.5 2.4 10.6 2.0 34.8 12.0 6.2 3.9 -9.1 -3.0 24.9 -14.2 5.5 .4 0 10.9 9.3 19.4 3.7 19.2 10.6 19.4 15.5 -.6 27.2 .3 4.2 6.5 58.6 89.1 40.1 13.2 -8.4 0 5.3 4.4 6.1 5.3 6.3 4.1 1.2 3.6 11.5 9.1 8.9 7.6 10.5 4.6 11.9 7.8 4.4 5.5 7.2 14.7 1.7 3.5 14.0 12.8 17.8 9.9 7.7 11.5 10.4 13.2 9.6 6.8 16.1 7.8 Nitrogenous fertilizers . . . Pharmaceutical materials.................. Prescription phar maceuticals . . . . Over-the-counter pharmaceuticals . N.A. Not available. 10 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis generally continuing for a much longer time. Plastic resins are polymerizations of chemicals from both the petroleum series (such as styrene monomer) and the natural gas series (such as vinyl chloride). Dur ing both periods, prices for plastic resins generally re flected the increases in the corresponding raw materials within one quarter. As much as one more quarter was required before prices of plastic products made from the resins reflected the maximum effect of the raw materials price increases. As prices for petroleum-based chemicals began to decline in late 1974 and the first half of 1975, prices for plastic resins and plastic products also began to fall. At the start of 1980, however, prices for plastic products began to slow despite the fact that prices for plastic resins and their constituent chemicals were con tinuing to post rapid increases. Both synthetic and natural rubbers are used in the manufacture of tires. The doubling of natural rubber prices in 1973 was the primary cause of the 27.3-percent rate of advance in producer tire prices during the last quarter of 1973. Synthetic rubber prices soared during the first half of 1974 as the result of crude oil price in creases. These price jumps for both kinds of rubber led to a 53.9-percent annual rate of increase in producer prices for tires during the first quarter of 1974. Retail tire prices, in turn, rose at double-digit rates until late 1974, when the depressed auto market lowered new-car demand for tires, and tire price rises slowed. Price boosts for synthetic rubber were not as sharp in the more recent period. They were once again com pounded by large price increases for natural rubber, which, however, were also smaller than before. Conse quently, tire prices have risen more slowly. Although demand for new automobiles dropped in late 1979, overall consumer demand remained strong enough to enable manufacturers to pass along increases in raw ma terials prices. Textiles and apparel. Cellulosic fibers are only slightly dependent on petroleum feedstocks. Noncellulosic fibers, on the other hand, are almost exclusively petroleumbased. In 1973-74, however, noncellulosic fibers showed only modest increases, while cellulosic fiber prices climbed at a double-digit rate. During the current peri od, prices for noncellulosic fibers did exhibit some great er impact from rising oil prices, although these increases were well below those for other petroleum derivatives. During both periods, textile prices were under cost pressure not only from petroleum-based synthetic fibers but also from rapid price jumps in raw cotton. Never theless, during 1979 prices for finished fabrics rose only 3.1 percent, and prices for apparel (other than footwear) were up only 4.4 percent at the manufacturers’ level and 3.8 percent at retail. In 1974, textiles and apparel prices also experienced less-than-average increases. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Why prices for textiles and apparel should exhibit such apparent resistance to cost pressures from raw ma terials is a topic that deserves further research. A num ber of factors, however, may contribute to this phenomenon. The apparel industry is composed of a large number of highly competitive firms, although competition may often be reflected in product dif ferentiation as well as in price. In addition, there is sub stantial competition from imports. Demand may well be fairly price elastic, because a substantial proportion of clothing expenditures may be discretionary. During 1974, prices for pharmaceutical materials ap pear to have jumped sharply in response to price in creases for basic organic chemicals, with a lag of one or two quarters. Raw materials constitute only a small fraction of the cost of pharmaceuticals, with research and development costs being unusually important. As a result, the effect of changes in raw material costs on drug prices is somewhat muted. In 1974, price increases for drugs occurred at about the same time as price changes for pharmaceutical materials. As would be expected from their higher proportion of research and development costs, prescription drugs were affected less than over-the-counter preparations. The impact of manufacturing materials In both periods of double-digit inflation, a major fac tor was the sharp increases in prices of materials used in manufacturing. This was particularly the case in 1974. The Producer Price Index for intermediate materi als less food and energy advanced more than 25 percent that year, while the increase in 1979 was just under 13 percent. Some of this difference may be attributed to the larger indirect effects of energy prices in the earlier period. Another factor was a substantially more rapid climb in crude material prices during the earlier period which began before the jump in crude petroleum prices. Prices for crude nonfood materials less energy were climbing at a rate in excess of 80 percent for the 6 months ended in September 1973, compared with a peak rate of 32.5 percent for the 6 months ended in March 1979. (See chart 4.) Much of the inflation during 1973-74 had its origins in a worldwide commodity price boom that began in late 1972, which has had no counterpart in the more re cent period. In addition, price controls kept prices for many items artificially low, thereby contributing to shortages of several materials. As controls were re moved, industrial material prices rose unusually rapidly. Reflecting the vigorous state of the world economy, as well as the reduced value of the dollar in international money markets, price increases accelerated sharply for a broad range of basic materials, such as scrap metal, nat ural rubber, inedible fats and oils, woodpulp, and wastepaper. 11 MONTHLY LABOR REVIEW May 1980 • Double-Digit Inflation The steel and nonferrous metals industries are two of the heaviest consumers of energy in manufacturing, and in both periods prices of their products were affected by runups in energy prices. (See table 4.) Very strong de mand and rapid increases in scrap metal prices also contributed to price increases for metals. Scrap metal prices are very sensitive to demand and thus are a barometer of the demand for metals. Howev er, as a major raw material in metal production, scrap metal prices also represent a cost of manufacture. Dur ing 1973, strong demand and material shortages drove prices of primary and scrap metals up sharply. By the 12 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis first quarter of 1974, higher prices for fuels added to the cost pressure. By the second quarter of 1974, demand for nonferrous metals began to fall off, depressing prices for nonferrous scrap; rising fuel costs continued to push up primary nonferrous prices at annual rates in excess of 50 percent. By the end of the third quarter, most fuel costs had been passed through, and nonferrous metal prices began to fall in response to declining demand. In 1974, steel manufacturers also passed on higher fuel costs during the first half. But steel demand re mained strong most of the rest of the year, largely be cause of heavy demand from capital equipment Table 4. Indirect effects of energy costs, 1973-1975 and 1978-80 Annualized percent change for 3 months ended — Producer Price Indexes Crude fuels (natural gas and coal) ........................ Intermediate energy goods.................................... Ferrous scrap ...................................................... Steel mill products................................................ Passenger c a rs .................................................... Nonferrous scrap.................................................. Primary nonferrous refinery shapes........................ Nohferrous mill shapes.......................................... Nonferrous foundry shop products ........................ Railroad freight .................................................... Capital equipment ................................................ Consumer goods excluding food and energy.......... Services excluding energy (CPI) ............................ Home finance, taxes, and insurance (CPI) .............. Dec. 1973 Mar. 1974 June 1974 Sept. 1974 Dec. 1974 Mar. 1975 June 1975 Sept. 1978 Dec. 1978 Mar. 1979 June 1979 Sept. 1979 Dec. 1979 Feb. 1980 26.7 46.0 345.5 11.6 -2.7 124.5 86.0 71.0 N.A. 8.5 6.6 8.4 8.1 14.4 26.3 105.3 125.8 36.3 7.4 46.2 51.3 42.6 58.7 56.2 2.1 70.9 12.0 -11.2 56.1 45.9 51.1 27.7 75.6 55.1 14.6 -54.5 1.2 16.1 53.8 12.2 -62.2 10.8 17.6 -57.5 -14.9 -11.3 -10.3 9.1 -51.0 7.7 5.0 -47.1 -22.0 -12.8 30.2 6.9 -32.4 -4.2 3.1 -26.8 -17.3 -9.5 31.2 14.3 10.0 8.9 10.8 4.6 26.8 19.2 11.6 12.0 41.8 29.9 16.9 12.7 17.6 .8 19.6 14.2 10.1 19.1 0 13.0 5.6 8.0 8.5 20.6 5.4 2.3 6.3 7.2 11.3 -4.2 37.3 7.4 6.6 41.3 25.7 12.6 11.8 15.4 8.1 8.4 10.6 19.0 14.7 12.6 82.0 7.8 4.2 34.5 24.1 19.4 7.0 31.5 7.9 7.7 8.3 8.3 26.6 15.1 79.9 13.5 11.5 57.5 56.6 31.9 11.2 3.5 10.5 10.3 11.7 25.8 32.1 52.8 -6.4 8.9 10.2 30.4 29.0 8.4 45.7 6.0 9.4 7.9 11.7 22.0 32.4 71.1 -29.2 7.4 1.8 11.4 44.5 16.0 15.0 16.9 5.9 9.1 14.2 25.3 27.5 37.1 33.0 12.4 6.8 52.9 89.0 22.1 -1.0 33.9 9.4 10.5 17.1 38.1 33.9 55.8 -9.6 5.8 9.3 101.9 217.3 24.8 10.9 5.9 13.2 22.1 18.7 39.5 N.A. Not available. manufacturers. Prices continued to rise into 1975 as a result. In 1978 and early 1979, strong demand for both fer rous and nonferrous metals kept prices for metal scrap rising rapidly, although not as spectacularly as in 1973. Unlike the second half of 1974, however, the second half of 1979 saw considerable slackening in demand for steel. This reduction in demand, coupled with the im pact of the Administration’s price guidelines, helped to keep the rise in steel prices smaller than in the earlier episode. Increased fuel costs undoubtedly contributed to the continuing steel prices increases. Steel prices were also affected by the Government’s “reference pricing system” which placed a floor under imported steel prices through the use of anti-dumping duties triggered by a set of reference prices. In contrast to 1974, nonferrous metal prices also have continued to rise rapidly. The effects of increased energy costs have been matched or exceeded by a number of other factors that were not present in 1974. Speculative demand drove prices for gold and silver up more than 200 and 600 percent over the 12 months ending in Jan uary 1980. Speculation spilled over into other metals, especially copper, which rose nearly 50 percent in the same period. (Other commodities such as sugar, natural rubber, and raw cotton were also affected by specula tion.) Cobalt prices quadrupled during 1978 and 1979 because of political violence in Zaire, the world’s lead ing producer. The case of new cars. During both periods, new car prices were pushed upwards by the direct and indirect effects of the drop in the value of the dollar in interna tional money markets. Prices of imported cars were raised to offset the dollar’s decline; these increases in turn allowed domestic producers to boost prices of those models which were in high demand because they were most competitive with imports in terms of size and mileage. Both periods later witnessed a drop in demand https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis for larger new automobiles in response to the un certainties of gasoline supply and higher gasoline prices. In the early months of both 1975 and 1980, manufac turers established substantial rebate programs to stimu late demand. Price behavior of new cars each time, however, was quite different. During the 12 months ending in Febru ary 1975, new car prices rose 11.5 percent, compared with 8.0 percent for the 12 months ending in February 1980. The earlier increase was larger, partly because, as noted, steel prices rose more rapidly. Some of the slower rise in the current period might also be attribut ed to the Administration’s price guidelines. The slower recent advance came in spite of the fact that demand for new cars remained stronger than in 1975; auto pro duction has remained well ahead of its 1975 levels. The stronger demand currently may partly reflect the auto mobile industry’s restructuring of its product line since the mid-1970’s, improving gas mileage substantially on existing car lines and introducing more small-car models. Distribution costs rise Petroleum products, of course, are used heavily in the distribution of goods, including transportation and the operation of retail outlets. The intermediate energy goods and crude fuel indexes in table 4 show the rising costs from energy faced by the distribution process. The railroad freight rate index illustrates the impact of fuel cost changes on transportation charges. The reg ulatory process usually permits some immediate relief to carriers for fuel cost increases. However, the full impact usually seems to come 3 to 6 months later. The effects of fuel costs on the distribution process are illustrated by the prices for food at home. (See chart 2.) Through the first part of 1976, the over-the-year per cent change in that CPI component had mirrored changes in the PPI for consumer food in a very regular way: major changes in the two indexes occurred either 13 MONTHLY LABOR REVIEW May 1980 • Double-Digit Inflation simultaneously or within a month or two of each other, and prices received by food processors both accelerated and slowed more quickly because retailers and whole salers tended to absorb some of the increases and re coup them on the down side. Retailers infrequently evaluated and incorporated changes in overhead costs into pricing decisions. The energy price runup of 1974 changed all of that. It took a couple of years for retailers to adjust. But, since the beginning of 1976, food price increases over 12-month periods have usually been larger for the CPI than for the PPI, both when food prices were accelerat ing and when they were decelerating. While these data do not readily yield an estimate of the price impact of energy on the food distribution chain, they clearly sug gest an increasing influence of energy on food prices which dampens the effect of falling producer prices on retail prices. Increases other than food and energy Substantial indirect energy effects on prices of con sumer commodities other than food and energy began to be reflected in the PPI during the first quarter of 1974. (See table 4 and chart 5.) As we have noted, the end of price controls, strong demand, and worldwide inflation in a number of basic materials also caused manufacturers’ prices to accelerate through the second quarter. As both energy prices and demand began to slow in the second half of the year, increases in produc er prices for finished goods other than food and energy decelerated, reaching a 3-month annual rate of only 2.3 percent by the middle of 1975. Retail prices for commodities other than food and en ergy rose somewhat more slowly than at the producer level, hit their peak about one quarter later, and decel erated more slowly. Prices for consumer services other than energy followed the same pattern with still smaller increases and less pronounced deceleration. Currently, retail and manufacturers’ prices for non food commodities other than energy have moved even more closely together. The major exception was in early 1980 when sharp PPI rises for fine jewelry and silver flatware were not reflected as strongly in the CPI. Prices for goods other than food and energy have risen more slowly this time. On the other hand, their period of rapid increases has been more protracted, and the in direct impacts of the last two OPEC price increases have not yet filtered through. In addition, demand seems to have been fueled by a psychology of inflationary expectations in which consumers have made purchases out of fear that prices will be still higher in the future. As a result, by recent standards personal savings rates have reached new lows, and consumer debt has hit new highs. Speculation in basic materials has also served to extend the inflation 14 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ary period, and the final effects from that still have not reached the consumer. Unlike the earlier period, the index for nonenergy ser vice prices has risen faster than commodity prices and has continued to accelerate to rates higher than those reached in 1974. This difference can be traced to the ef fect of mortgage costs, which have accounted for about half of the increase in this index. The record-high mort gage interest rates in turn are the result of the overheated economy and the elevated demand for consumer credit to finance the inflation-induced de mand, as well as significant steps taken by the Federal Reserve Board to restrict credit. Because of the lag from the time a house buyer contracts for a mortgage until settlement, the maximum impact from the recent runups in mortgage interest costs has not yet been re flected in the CPI. Capital equipment. Producer prices for capital equip ment advanced at a much faster rate in the first round of double-digit inflation. (See table 4 and chart 6.) After rising 5.3 percent in 1973, this index jumped to a 14.3-percent rate in the first quarter of 1974 and rapidly accelerated after the April 30 expiration of the price controls program to a rate* of about 30 percent in the third quarter. This index was still climbing at a 13-per cent rate as late as the first quarter of 1975, at the bot tom of the recession. In contrast, the rate of increase in capital equipment prices peaked at a rate of no more than 11 percent in early 1979 and rose 8.7 percent for the year as a whole, only slightly more than the 8-percent increase registered in 1978. The 1974-75 spurt in the capital equipment index was in two ways a reflection of capacity shortages in many materials-producing industries. On the one hand, these shortages produced sharply increased demand for many types of industrial equipment; on the other, they drove up prices for the major materials used in the manufacture of capital equipment. The absence of a similar widespread capacity crunch more recently helped to moderate capital equipment in flation, as the rate of growth in the general economy did not prove excessive compared to the Nation’s capi tal stock. The relatively slow rate of recovery in capital expenditures after the last recession had raised concerns that the economy would soon be constrained by an in adequate supply of investment goods. Rather than com mit themselves to long-term capital projects which might lead to excess capacity, many producers attempted to prolong the useful life of existing plants and equipment; one consequence was increased demand for replacement parts and thus a rapid rate of inflation in their prices. Special factors contributed to changes in the rate of inflation during the 1970’s for some types of capital Chart 5. Inflation rates for consumer goods, less food and energy, 1972-801 Percent change 20 Commodities less food and energy -5 1972 1973 1974 1975 1976 1977 1978 1979 1980 1972 1973 1974 1975 1976 1977 1978 1979 1980 25 20 15 10 5 0 -5 ^Three-month changes seasonally adjusted at annual rates for the Consumer Price Index for All Urban Consumers for commodities less food and energy, and the Producer Price Index for finished consumer goods less food and energy. equipment. The drive to make America less dependent on foreign energy sources, for example, kept prices for most kinds of capital associated with the energy explo ration and production industries advancing rapidly from 1973 through the end of the decade, even during times when prices of most other investment goods were rising slowly. Prices for agricultural and construction machin ery were somewhat sensitive to shifts in the level of farmers’ income and construction activity. Prices for machine tools rose at unusually steep rates during much of the 1978-79 episode, in part because of intense de mand from the motor vehicles industry generated by https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the need to produce downsized models with improved fuel efficiency; heavy demand from the aerospace indus try was another important influence. In contrast, motor truck prices rose much less in the current period, partly because demand for light trucks and vans with relatively low gas mileage dropped great ly in the wake of the steep rise in gasoline prices in mid-1979. Demand for capital goods by electric utilities was restrained as some expansion projects were post poned or canceled; sharply higher electricity rates led to increased consumer conservation efforts, thereby lower ing the long-range projections of growth in electricity 15 MONTHLY LABOR REVIEW May 1980 • Double-Digit Inflation demand, while some planned nuclear and conventional power projects encountered environmental or political objections. The housing boom Both periods of double-digit inflation witnessed a boom in the market for residential real estate. Price in dexes for both mortgage interest rates and home pur chase started to accelerate around mid-1973, more than a year after rising food prices had initiated the accelera tion in the All Items CPI. From July 1973 through Oc tober 1974, the CPI for mortgage interest rates moved up 21.4 percent. Home purchase prices also started to advance more rapidly in mid-1973 and continued to rise at a steep rate for nearly 2 years; by May 1975, this in dex was 21.9 percent higher than in July 1973. During the current inflation, home purchase prices and mort gage interest rates have again soared. Between Decem ber 1977 and February 1980, the index for mortgage interest rates increased 35.3 percent; the home purchase index climbed 30.5 percent during the same span. Rising construction material costs were an important influence in the home price surge of 1973-74, but may have been less crucial in the current period. In the year ended September., 1974, the Producer Price Index for construction materials and components advanced 23.6 percent. This steep rate partly reflected sharply higher 16 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis prices for many kinds of energy-intensive construction materials, such as structural steel, cement, flat glass, structural clay products, and asphalt, as well as strong demand from competing uses. During the more recent period, the PPI for construction materials rose 11 per cent in 1978, before slowing somewhat during 1979 as the housing construction market weakened. Demand for homes was extremely strong during most of the 1970’s, partly because of a rapid growth in the number of people in the age and income categories most interested in buying a first home. The rate of residential construction starts peaked in October 1972 at more than 2.4 million units, as ample funds were available to accomodate the intense demand. (See table 5.) But as the general economic boom continued, tighter condi tions began to prevail in the money markets. The result ing record-high interest rates reduced the availability of home mortgage financing. This was a major factor in the virtual collapse of the homebuilding industry by late 1974 and early 1975, when construction of new private housing units sank to less than one million. As housing starts reached this depressed level after 2 years of de cline, interest rates dropped quickly, and home pur chase prices began to rise much more slowly. The residential construction market recovered gradu ally from its depressed level of early 1975, as mortgage funds became generally available again. By 1978, the annual rate of new private home construction exceeded the 2-million unit mark in spite of the renewed climb in interest rates. Although a marked drop in construction activity was widely anticipated for 1979, the housing market was able to maintain most of its vigor until late in the year. The strength of the residential construction market in the late 1970’s, in part, reflected several insti tutional changes, combined with the development of an inflationary psychology among many prospective home buyers. New regulations allowed savings institutions (tradi tionally the primary source of mortgage financing) to is sue money market certificates as of mid-1978, which paid an interest rate approximately equal to that of sixmonth Treasury bills. This action allowed savings insti tutions to compete more effectively for investment capi tal. This prevented “disintermediation,” which had often occurred late in a business expansion when rising interest rates induced investors to purchase high-yield certificates rather than deposit funds in savings and loans, where interest rates were kept down by law. In the past, disintermediation led to recessions in the homebuilding industry, which helped to bring about downturns in overall business activity. The new high-interest securities issued by savings in stitutions provided the financing which allowed the housing construction industry to operate at higher than expected levels during 1978 and much of 1979. By Feb ruary 1980, however, mortgage interest rates were climbing at a 3-month annual rate of 33.9 percent—re flecting a series of credit-tightening moves by the Feder al Reserve Board in early October. As a result, it was no longer profitable for many thrift institutions to make mortgage loans. The resulting cutoff or restrictions on home purchase financing in many parts of the country led to a drop in the rate of new home construction to an annual rate of approximately 1.5 million units at the beginning of 1980. As in 1973-74, home purchase prices and interest rates continued to climb many months after the rate of residential construction had be gun to decline. Another reason why the housing market maintained its strength longer than had been generally expected was that homes became more attractive as an invest ment. Inflationary expectations led many people to shift their assets from savings to home equity. From June 1978 through December 1979, the CPI for home pur chase rose about 23 percent, compared with an advance of about 18 percent for the All Items CPI. Because home values were generally rising faster than the overall inflation rate, home purchases were widely viewed as a hedge against inflation. The consequent high demand for houses served to push prices up further and rein force the initial perception. This was one reason the ag gregate personal savings rate fell to about 3.5 percent https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 5. Timing of selected business cycle indicators and the Consumer Price Index 1978 -79 1973 -74 Lead time1 Lead time1 Business cycle indicator Gross National Product, 1972 dollars............................ Personal income, 1972 dollars Employees on nonagricultural payrolls.......................... Industrial production index . . . Capacity utilization.............. New orders for nondefense capital goods, 1972 dollars New housing starts.............. Ratio of deflated inventories to sales, nonmanufacturing and trade........................ Corporate bond yields ........ Ratio of consumer installment credit to personal income Index of four roughly coincident Indicators........ Trough to Peak to Trough to acceleration deceleration acceleration start start start Date of high value preceding Feb. 1980 -18 -18 -11 -12 -32 -28 (2) Dec. 1979 -18 -18 -18 0 -4 -14 -30 -31 -32 (2) Mar. 1979 First quarter 1979 -19 -28 -3 -24 -28 -32 Mar. 1979 Apr. 1978 -18 -4 -20 -1 -31 -10 -11 -8 -24 Sept. 1979 -18 -11 -31 Mar. 1979 ( 2) ( 2) 1The number of months by which the trough or peak of the given business cycle indicator leads (negative value) the start of acceleration or deceleration in the All Items CPI. 2These indicators were still rising at the time of the most recent available data. by the end of 1979, compared with a personal savings rate of about 8 percent at the previous business cycle peak in late 1973. The jump in food prices Food prices played a greater role in the inflation of 1973-74. The CPI for food rose 20.1 percent in 1973 and 12.2 percent in 1974, compared with increases of 11.8 percent in 1978 and 10.2 percent in 1979. Retail food prices generally rose more moderately in the inter vening period. Sharp advances in food marketing costs — particularly those most vulnerable to changes in ener gy prices—were a major influence in both periods; food processing and marketing currently account for about two-thirds of retail food prices. Both periods were characterized by the declining val ue of the dollar on international exchange markets. The real value of agricultural exports expanded more than 60 percent from 1972 through 1979, partly because of the lower value of the dollar in international money markets. As a result, the relative proportion of agricul tural exports to total cash receipts for farm products in creased over the decade; more than 25 percent of all total cash receipts for farm products were accounted for by exports in 1979, compared with a 15-percent share in the early 1970’s. Beef prices were highly volatile in both periods as cattle owners initially attempted to liquidate herds that were no longer profitable. Smaller cattle herds led to higher beef prices, which encouraged consumers to shift demand to less expensive substitutes, such as pork, poultry, and cheese, resulting in higher prices for these 17 MONTHLY LABOR REVIEW May 1980 • Double-Digit Inflation items. Price trends for beef tend to last longer than trends for pork and processed poultry prices; because the production cycle for cattle is longer, adjustments in beef output to changing market conditions are slower. In both cases, high cattle prices eventually induced farmers to increase their cattle herds. In 1974, this pro duced declines in beef prices. In the current period, herd rebuilding has only recently begun. Unfavorable weather conditions reduced grain sup plies in several foreign producing countries in 1972 and early 1973. Curtailed harvests in these countries, partic ularly the Soviet Union, and scarce supplies of soybean and Peruvian fish meal caused an upsurge in export de mand for U.S. grains. From July 1972 to October 1973, grain prices soared 137.8 percent and manufactured ani mal feeds, 166.4 percent. To alleviate the situation of tight supplies and in creasing prices of grains and grain products in 1973 and 1974, changes were made in various Government farm commodity programs in an effort to expand domestic crop production and supplies. The Federal Government liquidated virtually all of its stockpiles of major grains. Direct export subsidies for all agricultural commodities were terminated. Export restrictions were placed on soybeans and cottonseeds in 1973. Grain prices declined from late 1974 through mid-1977, so that they were only half as high at the end of this period as they were at the beginning. On bal ance, there were favorable growing conditions in grainproducing countries. In 1976, domestic production of both wheat and corn was at record levels. Carryover in ventories of grains at the start of the 1976-77 growing season were at the highest level in 20 years, re flecting lower exports. Grain prices then rose for most months from mid-1977 through the end of 1979, al though at rates well below those of the first period. The PPI for grains was more than 60 percent higher in De cember 1979 than in August 1977. The Federal Govern ment’s program of farmer-owned grain reserves and increased construction of on-farm storage facilities per mitted farmers to withhold corn and wheat from the market and thus kept prices rising in spite of excellent domestic harvests. Strong export demand was another key influence. Among other foods, retail prices for sugar and sweets soared 130.9 percent from January 1973 to January 1975, as raw cane sugar prices quadrupled. The unusu ally sharp increases were caused by several factors, such as a poor harvest of European sugar beets, typhoon damage to Philippine sugar cane crops, strong demand in world markets, and the uncertainty of U.S. purchas ing policies due to the expiration of U.S. sugar price supports. Over the next 2 years, however, these prices declined as output expanded in the face of buyer resis tance. Prices for sugar and sweets turned up again in 18 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis January 1977 and continued to rise through the rest of the decade, although not nearly as rapidly as in the ear lier price boom. Retail roasted coffee prices more than tripled from mid-1975 through mid-1977, reflecting first the effects of the severe 1975 Brazilian freeze and, later, the effects of production problems in Guatemala and Angola. This index declined by one-third from mid-1977 through mid-1979, as output gradually expanded and consumers cut consumption in reaction against higher prices. Prices turned up for the rest of 1979, partly because of adverse weather in Brazil and political turmoil in Nica ragua. The current situation It would be risky to develop any generalizations about the way double-digit inflations end from a single recent example. Nevertheless, it is the only comparable case available. Noting the similarities and differences between then and now will at least help to define the situation as of early 1980 and point to the factors to be watched in the coming months. One of the major factors contributing to the rapid deceleration of prices in 1974-75 was the severe reces sion that accompanied it. The recession has been offi cially designated as beginning in the fall of 1973 at about the time that the Gross National Product, real personal income, and capacity utilization turned down. It remained mild, however, until late in 1974, after em ployment, industrial production, and new orders for nondefense capital goods all had begun to decline. Prices began to decelerate only after the recession en tered its most depressed months. (See table 5.) Although a number of forecasters have been predict ing a recession for some time, the evidence is still not conclusive that one has begun. Industrial production, new orders for nondefense capital goods, and capacity utilization are all below first-quarter 1979 levels, and real personal income declined during the first two months of 1980. But the Gross National Product and employment, the two most significant indicators of a re cession, have not begun to decline. A severe recession need not be the only way to bring double-digit inflation down. Nevertheless, the single ex ample of 1974-75 suggests that prices are slowed as the result of declining demand only when the reduction is substantial and prolonged. As of February 1980, little price relief from this source could be expected in the near future. The indicators in table 5 are those to watch for signs of slowing demand pressure on prices. Even if such relief were to come, it could well be partly or en tirely offset by other factors. One of the most important factors is the price of crude petroleum. There was a sudden rise in imported crude petroleum prices in late 1973-early 1974; by the second quarter of 1974, energy prices at all stages of processing were decelerating. Six months later, the sec ondary effects on other products were sufficiently atten uated to permit prices to begin slowing down as the general recession intensified. During 1979, the situation was quite different. Al though the increases in OPEC oil quotations were slower, OPEC raised its prices several times during the year. In addition, domestic energy prices are now less insulated from the world price of petroleum for a num ber of reasons: imports constitute 45 percent of all crude petroleum, compared with 26 percent in 1973; prices of domestically produced crude petroleum have been partially decontrolled and about one-fourth is now sold at approximately the world price; and price con trols on natural gas have been relaxed somewhat since 1974. Unlike 1974, crude and intermediate energy prices ac celerated for about one year and did not begin slowing until October 1979. Even then, the slowdown, especially for crude energy, has been only modest. Imported crude petroleum prices are not included in this index, and the two most recent OPEC price increases have not yet been totally reflected in intermediate or finished prod ucts. In addition, OPEC is now reviewing its prices quarterly, and future actions cannot be anticipated. As a result, if reduced demand should begin to exert a slowing effect on prices during the early spring of 1980, the offsetting pressure from the attempts to pass through rising energy prices will be greater than they were in 1974. Currently, cost pressures from crude and intermediate materials other than food and energy may be more protracted. In 1973 and 1974, prices for crude nonfood materials began to decelerate sharply 1 full year before the All Items CPI started to slow down; prices of inter mediate nonfood materials did so 2 months before the CPI, with a very sharp deceleration thereafter. In 1979, prices for crude nonfood materials except energy began a deceleration in April, which would have been consis tent with a slowdown for the CPI during the early spring of 1980. Unfortunately, these prices accelerated sharply beginning in October and had reached an annu al rate exceeding 30 percent by February 1980. The PPI for intermediate materials less food and en ergy stopped accelerating in early 1979. Unlike the rapid deceleration that occurred in 1974, prices in 1979 continued to rise at an annual rate of about 13 percent for the remainder of the year. Although the increases were only about half as fast as in 1974, they began to accelerate further during the first 2 months of 1980, even if the effects of gold and silver speculation are re moved. However, to the extent that the acceleration in both crude and intermediate materials may also be af fected by speculation in commodities such as cotton, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis rubber, and copper, it could collapse very quickly if de mand drops. Food prices are already a more moderating influence on the overall rate of inflation than was the case just prior to the deceleration phase in 1974. Retail food prices were 7.3 percent higher in February 1980 than 12 months earlier, while prices at the primary market level were up less than 3 percent. In addition, carryover supplies of most crops are extremely good, and cattle herds, though small, are beginning to expand. Of course, weather and foreign purchase plans can shift suddenly and change the price picture. The stringent credit-tightening measures announced by the Federal Reserve Board in October 1979, followed by even greater tightening in March, are much more restrictive than any monetary actions in 1973-74. Interest rates may have a number of different impacts on overall price levels. On the one hand, higher interest rates are a cost and push prices higher. On the other hand, by discouraging debt-financed purchases they dampen demand and exert a slowing effect on prices. In this connection, rising interest rates during 1979 finally stopped the growth of installment credit as a propor tion of personal income in September. In 1974, a similar drop in consumer credit preceded overall price decelera tion by 8 months. If a comparable mechanism is present now, reduced consumer borrowing should exert slowing pressure on prices during the first half of 1980. Interest rates on mortgages have a substantial impact on the CPI. Rapid rises in mortgage interest rates dur ing late 1979 and early 1980 are among the most signi ficant causes of continuing high inflation. However, high house prices and high interest rates have both had a de pressing effect on the demand for housing. New housing starts have been falling since April 1978. During the earlier round of double-digit inflation, there was a twoyear lag between the initial decline in housing starts and the deceleration of the CPI. A similar development this time would place the decelerating effect of house prices in the spring of 1980. In addition, a significant drop in aggregate demand would reduce the demand for bor rowed funds and bring down mortgage interest rates. Finally, there is the matter of the pressure which ris ing wages may have on prices, both from the demand side and from the cost of production. When prices be gan to decelerate after October 1974, hourly earnings (as measured by the average hourly earnings index for the total nonfarm sector) had increased 9.1 percent the previous year. As of December 1979, hourly earnings were 8.3 percent above their year-ago level. While these data suggest that wage pressures are not as severe now as they were during the earlier period, this proposition can be accepted only with two cautions. First, the higher 1974 rate (9.1 percent) was the result of a sud den runup from 5.8 percent at the end of 1972, while 19 MONTHLY LABOR REVIEW May 1980 • Double-Digit Inflation the current 8.3-percent rate is a continuation of the 7.58.5-percent range that has prevailed since 1975. Second, the lower rate may conceal a large pent-up demand for higher wages that may erupt later. The cost of labor in the production process can be af fected by two other factors as well: the cost of non wage compensation and changes in productivity. The com bined effects of wages, other compensation, and produc tivity are reflected in the unit labor cost data. These data show that because of more severe declines in productivi ty, unit labor costs were also placing greater immediate pressure on prices during 1974, increasing by 14.8 per cent that year, compared with 11.1 percent in 1979. In summary, we can make the following characteriza tions about double-digit inflation in 1973-74 and today: Energy prices were a major factor in both periods. Currently, price increases have been much more protracted, and both direct and indirect effects of crude petroleum prices have not yet been fully felt by the consumer. Future changes are heavily dependent on OPEC pricing decisions. Food prices led the acceleration both times but are currently a moderating influence. Manufacturing material prices rose much more sharply in 1973-74. Although there were some indi cations in 1979 that crude material prices had slowed, speculation and strong demand renewed their rapid increase. Nonfood finished commodities other than energy had substantial price increases in both periods as the re sult of higher raw material and energy costs, coupled with strong demand. Currently, cost pressures are still being felt, and slackening in demand has been too small to have had a major impact. Inflationary expectations have buoyed demand, increasing consumer debt and reducing the personal savings rate. Mortgage interest and house prices pushed inflation up sharply in both periods. A decline in the housing market beginning in late 1972 led to a slowing of house price rises in 1975. The housing market has been declining again since the spring of 1978. Mort gage interest rates are currently being pushed to re cord levels, partly as the result of Federal Reserve credit-tightening actions. □ FOOTNOTES The dates we have chosen for each phase are those appropriate for the Consumer Price Index for All Items for All Urban Consumers (CPI-U). To help reduce the effects of “statistical noise” in the data, annualized rates of change over 3-month spans are used throughout our analysis, unless otherwise specified. Seasonally adjusted data have been used for those time series exhibiting a pattern of stable seasonality. Through the first 9 months of 1979, the acquisition cost of imported oil climbed 67.7 percent, compared with a rise of 41.7 per cent in the benchmark price. As 1980 began, the benchmark price was raised by an additional one-third retroactive to October 1979, and by another 8.3 percent effective in January 1980. OPEC decided to re view crude oil prices every 3 months in the future. In both episodes, the Federal Government controlled gasoline prices at all levels, whereas fuel oil prices were decontrolled in 1976. \ 20 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Measuring wage relationships among selected occupations Occupational wage spreads, as measured by survey averages, do not mirror relationships within individual firms; pay differentials are much smaller within establishments V irginia L. Ward Reviewers of occupational wage relationships should not be misled by averages derived from wage surveys. An analysis of data from the Bureau of Labor Statistics’ area wage surveys1 confirmed that nationwide relation ships may have little or no similarity to those within in dividual establishments. Inter-establishment averages are the basic product of the Bureau’s occupational wage surveys. However, these averages tend to mask actual intra-establishment pay re lationships. For example, in South Bend, Ind.,2 during March 1976, average weekly earnings of class B secre taries were $165.50 and of class D secretaries (the low est level studied that year), $167.50. This inverse relationship indicates that, in South Bend, establish ments paying high wages employed proportionately more class D secretaries and low-wage establishments employed proportionately more class B secretaries. In other instances, the published wage relationships may seem more reasonable, although they do not reflect those within sirigle establishments. National wage data indicate that maintenance workers averaged almost twice as much in hourly pay as janitors and that men in office clerical occupations averaged more than their fe male counterparts. But, when intra-establishment aver ages are compared, these differences are smaller. The analysis in this article is based on measures of occupational wage relationships— pay relatives—which Virginia L. Ward is an economist formerly with the Office of Wages and Industrial Relations, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis reflect the pay practices and structures of employers. Pay relatives express earnings for an occupation as a percent of average earnings for a benchmark occupation in the same establishment. Janitor (“janitor, porter, cleaner”) is used as the benchmark here because the job is widespread among establishments and is usually at or near the bottom of the wage scale—a convenience when analyzing pay relatives. The pay relatives were computed by dividing an establishment’s average hourly earnings for the occupation being compared by the average for janitors.3The next step was to array the pay relatives for establishments contributing to an occupational compar ison (one pay relative per establishment, weighted by es tablishment and area weights) and determine the median of the array. The results are presented in table 1. Occupations were not compared one to another (for example, class A typists to class B typists). If they had been, the results discussed in this article might be quite different because the establishments included in the comparisons would have been different.4 For example, establishments employing janitors and class A typists are not likely to be identical to those employing class A and class B typists. Intra-establishment patterns Nationwide. Based on median establishment pay rela tives, blue-collar occupations averaged more than the janitorial occupation; a number of white-collar occupa tions averaged less. (See table 1.) Top-level secretaries were the highest paid clerical workers in 1976, averag21 MONTHLY LABOR REVIEW May 1980 • Measuring Wage Relationships Table 1. Intra-establishment wage relationships for selected occupations, by industry and region, 1976 [Janitorial pay =100] Industry division Occupation Region All Industries Manufacturing Nonmanu facturing 145 131 120 110 100 109 101 134 123 113 104 93 102 95 162 142 131 123 109 121 106 149 133 118 109 100 110 101 161 143 129 121 113 122 114 129 120 111 101 91 99 89 153 134 122 109 100 111 100 98 90 93 84 108 98 99 88 112 100 93 83 98 87 118 102 105 89 86 110 86 98 112 97 95 83 81 106 82 95 128 108 111 94 89 120 89 105 119 101 105 92 86 109 85 100 128 110 121 100 97 118 95 106 109 95 100 78 78 103 81 90 115 99 105 88 87 113 86 99 118 108 111 100 125 113 111 109 123 117 121 97 116 107 101 106 98 102 105 109 95 101 114 118 94 99 108 109 105 97 100 91 118 106 104 96 120 106 99 87 108 99 127 112 101 124 109 102 130 117 98 138 112 112 146 120 109 123 110 93 124 107 229 190 160 219 175 146 251 218 177 226 190 149 272 232 210 198 170 147 247 190 160 190 160 136 176 151 122 215 182 146 192 168 142 234 184 145 167 145 119 189 174 134 139 125 111 130 118 105 155 133 118 141 126 109 164 136 120 127 116 99 145 125 112 155 132 113 96 152 131 112 87 168 148 119 115 155 131 116 84 168 144 116 112 145 123 109 88 158 129 110 96 160 148 134 125 157 143 127 123 178 162 142 154 155 139 119 127 179 160 146 142 147 141 125 117 174 147 130 131 136 140 128 139 134 132 128 130 128 110 135 152 143 119 130 138 124 138 134 127 128 129 128 109 135 151 130 118 167 163 160 145 144 146 138 131 131 115 182 129 135 137 124 136 132 130 128 134 130 109 139 153 134 117 147 153 143 148 144 138 133 139 135 114 140 165 156 122 128 134 125 133 129 125 128 125 127 109 132 144 136 120 143 144 136 141 141 136 126 126 128 110 147 167 171 12? 112 119 112 117 110 127 113 123 109 117 112 118 106 127 Northeast South North Central West Office clerical Secretaries: Class A ............................................................................ Class B ............................................................................ Class C ............................................................................. Class D ............................................................................. Stenographers, general ............................................................ Stenographers, senior .............................................................. Transcribing-machine typists...................................................... Typists: Class A ............................................................................ Class B ............................................................................ Clerks: Accounting, class A .......................................................... Accounting, class B .......................................................... File, class A ...................................................................... File, class B ...................................................................... File, class C ...................................................................... Payroll............................................................................... Messengers .......................................................................... Switchboard operator-receptionists ............................................ Bookkeeping-machine operators: Class A ............................................................................ Class B ............................................................................ Billers, machine: Billing machine.................................................................. Bookkeeping machine........................................................ Keypunch operators: Class A ............................................................................ Class 8 ............................................................................ Tabulating machine operators: Class A ............................................................................ Class B ............................................................................ Class C ............................................................................ Professional and technical Computer systems analysts: Class A ............................................................................ Class B ............................................................................ Class C ............................................................................ Computer programmers: Class A ............................................................................ Class B ............................................................................ Class C ............................................................................ Computer operators: Class A ...................................................................... Class B .................................................................... Class C ............................................................ Drafters: Class A ...................................................... Class B .................................................. Class C .................................................................... Drafter-tracers.................................................... Electronics technicians: Class A ........................................................ Class B .................................................................. Cass C .......................................................... Registered industrial nurses .......................................... Maintenance, toolroom, and powerplant Maintenance carpenters............................................................ Maintenance electricians .......................................................... Maintenance painters.............................................. Maintenance machinists ............................................................ Maintenance mechanics (machinery)........................................ Maintenance mechanics (motor vehicles).................................... Maintenance pipefitters ............................................................ Maintenance sheet-metal workers.......................... Millwrights............................................................ Maintenance trades helpers .................................... Machine-tool operators (toolroom)............................................ Tool and die makers .......................................................... Stationary engineers ................................................................ Boiler tenders .................................................................... Material movement and custodial Truckdrivers: Light truck ........................................................................ Medium tru ck.................................................................... 22 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 1. Continued — Intra-establishment wage relationships for selected occupations [Janitorial pay=100] Region Industry division Occupation Heavy truck (trailer) .......................................................... Heavy truck (other than trailer) .......................................... Shipping clerks ........................................................................ Receiving clerks ...................................................................... Shipping and receiving clerks .................................................... Warehousemen........................................................................ Order fillers.............................................................................. Shipping packers...................................................................... Material handling laborers ........................................................ Forklift operators...................................................................... Power-truck operators (other than forklift) .................................. Guards.................................................................................... Watchmen................................................................................ All industries Manufacturing Nonmanu facturing 123 122 116 116 119 114 108 105 103 109 109 105 102 120 117 116 113 117 112 107 105 103 108 108 104 101 135 136 119 125 123 123 111 105 104 121 111 106 105 ing 45 percent more than janitors. Messengers and en try-level file clerks were the lowest paid, averaging 14 percent less than janitors. Seven of the 26 office clerical occupations had pay relatives below 100. Pay relatives for the 17 professional and technical oc cupations varied with the duties and responsibilities. Drafter-tracers who prepare simple drawings or copy drawings by tracing had the lowest pay relative of the group; systems analysts responsible for the most com plex problems had the highest in the entire study. Unlike the professional and technical group, pay rela tives for 11 of the 14 maintenance, toolroom, and powerplant occupations studied were clustered within a comparatively narrow band— 128 to 143. These 11 spe cialized occupations generally are found in large union ized establishments and require a formal apprenticeship or equivalent training and experience. Pay relatives for tool and die makers were the highest and those for maintenance trades helpers and boiler tenders were the lowest. Pay relatives for material movement and custo dial occupations (other than janitor) ranged from a low of 102 for watchmen to 123 for trailer truckdrivers. Industry. Pay relatives based on janitorial pay were gen erally larger in nonmanufacturing than in manufactur ing industries. For example, class A typists in non manufacturing earned 8 percent more than janitors, while their counterparts in manufacturing earned 7 per cent less. Among the nonmanufacturing industries, services held the most favorable pay position for office clerical work ers with pay relatives averaging 5 points above those in all nonmanufacturing industries; wholesale trade was lowest, averaging 9 points below nonmanufacturing. Computer occupations’ pay relatives were about 35 points higher in retail trade, finance, and services than in public utilities and wholesale trade. The lower relatives were due to comparatively high wages for janitors, rath er than low wages for computer personnel.5 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Northeast South North Central West 131 132 117 114 115 112 108 104 104 109 112 107 103 122 116 117 120 126 117 107 107 103 110 111 107 101 117 117 115 114 116 113 107 105 103 107 105 104 101 132 120 121 117 120 115 111 106 104 112 110 102 105 Pay relatives for the skilled trades were also higher in nonmanufacturing. At least two elements contributed to this relationship. First, many large department stores pay skilled trades workers the local union rates for con struction, even though the stores may not have a union contract covering any of their workers. (Union con struction rates are usually much higher than rates for skilled trades in manufacturing or other nonmanu facturing industries.) Second, average earnings of jani tors are much lower in nonmanufacturing than in man ufacturing, where their wage rates are more frequently set by collective bargaining agreements. Regional. Median establishment pay relatives in the Northeast and West closely approximated the national pattern for office, professional and technical, and skilled plant occupations. However, pay relatives in the South were as much as 43 percentage points higher than the nationwide figures and those in the North Central re gion were as much as 31 percentage points lower. The less-skilled plant occupations generally followed the na tional pattern in all regions. The South has historically recorded higher pay rela tives based on janitor pay than the other regions.6 This pattern reflects the comparatively low wages of janitors —not higher pay for other occupations in the South (wage levels for almost all of the occupations studied were lowest in the South). Conversely, the low pay rela tives in the North Central region reflect comparatively high wages for janitors. In fact, 16 of the 26 office cleri cal occupations had pay relatives below the janitorial base, compared with 8 below in the West, 7 in the Northeast, and 2 in the South. One explanation for the opposite pattern of wage re lationships between the South and North Central re gions may be the degree of labor-management agree ment coverage. Three-fourths of the plantworkers in the North Central region were covered by union agree ments, compared with about two-fifths of those in the 23 MONTHLY LABOR REVIEW May 1980 • Measuring Wage Relationships South; and about a tenth of the officeworkers were cov ered in both regions. It appears that when janitors are paid under labor-management agreements, they have a more favorable wage relationship with blue- and whitecollar workers within the same establishment. This anal ysis made no attempt to isolate the influence of union ization on regional pay levels from other factors that bear on wages. Differences in industrial composition of regions should be taken into account when examining reasons for differences in regional wage structures. Inter- and intra-establishment differences Inter-establishment and intra-establishment wage re lationships for selected occupations are shown in table 2. Roughly two-fifths of the janitors in the study were employed by janitorial services—a relatively low-paying industry with few of the surveyed occupations. Conse quently, data from these firms widened the inter-estab lishment wage differentials by decreasing the average for janitors (the benchmark job), while not affecting the other job averages. The intra-establishment wage differ entials were not strongly affected, because of the few occupational comparisons that can be made within jani torial firms and the method used in computing differen tials. The data for tool and die makers illustrate, to some extent, the effect of janitorial services on the two types of measures. The inter-establishment relative of 195 for tool and die makers indicates they earned nearly twice as much as janitors; in contrast, when comparisons are made within establishments, the pay relative of 152 in dicates only a 50-percent advantage. This situation is not unique. For 6 of the 21 occupations shown, the in ter-establishment differential is more than twice as large as the intra-establishment differential. Table 2. Inter- and intra-establishment wage relationships for selected occupations, 1976 [Janitorial pay =100] Occupation Systems analysts, class A .............. Systems analysts, class B .............. Programmers, class A .................. Tool and die makers...................... Electricians .................................. Mechanics (motor vehicles)............ Programmers, class B .................... Mechanics (machinery).................. Truckdrivers, (all sizes).................. Computer operators, class A .......... Secretaries .................................. Computer operators, class B .......... Shipping and receiving clerks ........ Material handling laborers.............. Stenographers, senior.................... Accounting clerks, class B .............. Bookkeeping —machine billers . . . . Bookkeeping — machine operators, class B ...................................... Messengers.................................. Typists, class B ............................ File clerks, class C ........................ 24 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Inter-establishment relationships Intra-establishment relationships 263 227 214 195 189 185 180 177 166 162 136 135 135 133 124 101 96 229 190 190 152 140 132 160 134 118 139 124 125 119 103 109 102 106 95 92 91 79 108 86 90 86 Two occupational groups averaged more, or less, than janitors, depending upon the type of comparisons being made. Using inter-establishment averages, book keeping machine billers and class B bookkeeping ma chine operators averaged 5 percent less than janitors; using the intra-establishment averages, they averaged 6 to 8 percent more. Changes in wage relationships Most of the occupations included in this study were also covered in 1962 and 1967. These earlier studies fo cused on occupational data identified by sex and pro vided separate estimates for manufacturing and non manufacturing, but not for all industries combined. The following tabulation shows wage relationships from the three studies:7 Average wage relationships Manufacturing: 23 office clerical occupations (w om en )..................................... 13 maintenance, toolroom, and powerplant occupations (men) 13 material movement and eustodial occupations (men) . . . . Nonmanufacturing: 23 office clerical occupations (w om en )..................................... 10 maintenance, toolroom, and powerplant occupations (men) 10 material movement and eustodial occupations (men) . . . . 1962 1967 1976 103 102 98 136 136 131 112 113 110 113 111 108 150 149 148 122 122 118 Wage differences between male janitors and other oc cupational groups remained relatively stable from 1962 to 1967; since then, some wage compression has oc curred. Several factors provide for some speculation as to the difference in patterns between the two periods. For example, wages, as measured by the Bureau’s Aver age Hourly Earnings Index,8 advanced less than 4 per cent a year from 1962 to 1967, but about 7 percent a year from 1967 to 1976. Therefore, equal-sized centsper-hour adjustments within establishments (either gen eral wage increases or cost-of-living escalators) had more opportunity to cause compression during the lat ter period. Additional factors include the increase in the Federal minimum wage from $1.25 ah hour prior to 1967 to $2.30 an hour in 1976, and the exemption of lower paid workers from the wage controls of the early 1970’s. □ -------- FOOTNOTES--------1 Data in the 1976 study relate to 262 Standard Metropolitan Sta tistical Areas of the United States (excluding Alaska and Hawaii), as * defined by the U.S. Office of Management and Budget through Febru ary 1974. BLS surveys are conducted annually in a sample of 70 areas selected to represent all of these areas. Establishments employing 50 workers or more are surveyed in six broad industry divisions: manu facturing; transportation, communication and other public utilities; wholesale trade; retail trade; finance, insurance and real estate; and se lected services. See A r e a W age S u rveys, M e tr o p o lita n A reas, U n ite d S ta te s a n d R e g io n a l S u m m a r ie s , 1976, Bulletin 1900-82 (Bureau of Labor Statistics, 1979). 2See A re a W age S u rv e y, S o u th B en d , I n d ia n a , M etr o p o lita n A rea , M a rc h 1976, Bulletin 1900-5 (Bureau of Labor Statistics, 1976), p. 3. 3The establishments used in these computations were limited to those with 100 workers or more, employing janitors, and reporting data for workers in at least one of the other occupations studied. Thus, the number of establishments involved varied somewhat by oc cupation. Because the survey data used in this analysis are limited to selected occupations, the more common approach of comparing occu pational pay to the average for a broader group, such as all produc tion workers or all office workers, was not possible. 4 An occupational pay matrix which directly compares occupations with each other in an establishment was introduced into the A re a W a g e S u r v e y bulletins in January 1979. For a discussion on pay ma trix techniques see Mark S. Sieling, “Interpreting pay structures through matrix application,” M o n th ly L a b o r R e v ie w , November 1979, pp. 41-45. 5A table presenting additional data for nonmanufacturing indus tries will be presented in the forthcoming A r e a W a g e S u rv e ys, M e tr o p o lita n A rea s, U n ite d S ta te s a n d R e g io n a l S u m m a r ie s , 1 9 7 7 , Bulletin 1950-77 (Bureau of Labor Statistics, 1980). 6 See “Occupational Wage Relationships in Metropolitan Areas, 1961-62,” M o n th ly L a b o r R ev ie w , December 1963, p. 1426 and “Oc cupational Wage Relationships in Metropolitan Areas,” M o n th ly L a b o r R ev ie w , December 1968, p. 29. A wage relationship was computed between male janitors and individual occupations within each establishment. The median of these wage relationships for each occupation was determined, and then av eraged by occupational group. The average wage for male janitors equals 100. Data were not combined for men and women in the two earlier studies. ^ 8See H a n d b o o k o f L a b o r S ta tistic s, Labor Statistics, 1979), pp. 315-16. 1978, Bulletin 2000 (Bureau of The sharp rise in wages of black women Twenty years ago the average black woman employed full time was earning approximately half the wage rate of a simi larly employed white woman. By 1975 almost complete ra cial parity in female wages had been achieved. Although this remarkable advance in the economic status of black women has accelerated in the last few years, it has received little serious analytical attention. In contrast, the significant but smaller income gains of black males during the 1960’s generated considerable research attempting to disentangle possible sources of this improvement. Real wage changes https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis of the magnitude observed for black females are so rare that it seens unlikely conventional explanations will suffice. —James P. Smith , “The Convergence to Racial Equality in Women’s Wages,” in Cynthis B. Lloyd, Emily S. Andrews, and Curtis L. Gilroy, eds., W o m en in th e L a b o r M a r k e t (New York, Columbia University Press, 1979), p. 173. 25 The paper and plastic bag industry: two distinct productivity phases During 1967-77, output per employee hour accelerated after a sluggish increase during 1954-66; the rise was associated with improved technology and rapid growth in output as consumer dem and surged H orst Brand an d Clyde H uffstutler Productivity in the paper and plastic bag manufacturing industry rose at an average annual rate of 2.9 percent between 1954 and 1977—slightly exceeding the 2.7-per cent rate for manufacturing as a whole for the same pe riod.1 (See table 1.) The long-term productivity rise resulted primarily from improved technologies, especial ly in plastic bag production. Comparatively high output rates were induced by expansion in consumer spending on soft goods, the chief market for bags, helping to maximize utilization of staff and equipment. The long-term trend in the industry’s labor produc tivity has been marked by two distinct phases. Between 1954 and 1967, gains in output per employee hour aver aged 2.6 percent per year. From 1967 forward, the rate of gain accelerated, rising to 3.4 percent a year. (For to tal manufacturing, the comparable figures read 2.8 per cent and 2.3 percent.) The acceleration was associated with intensified and widely diffused mechanization of work previously performed by hand. It was also indi rectly linked with locational shifts of bag manufacturing plants closer to important market areas than to South ern paper mills. These shifts made reductions in job classifications under union contracts possible, which in the older plants still reflected dated manufacturing tech nologies.2 Horst Brand and Clyde Huffstutler are economists in the Division of Industry Productivity Studies, Bureau of Labor Statistics. 26 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Year-to-year movements varied considerably. In 6 out of the 23 years examined, output per employee hour de clined, as increases in employee hours exceeded in creases in output. The years of decline were more than offset by the 10 years when productivity advances ran 50 percent or more above the long-term trend rate. Out put gains then were accompanied by relatively small gains—and at times by losses—in employee hours. Most of the years when output ran significantly above its own long-term trend rate were characterized by cyclical recoveries (for example, 1955, 1959, 1961, 1971, and 1976). The real value of consumer expendi tures for soft goods rose strongly in such years. More over, output showed no year-to-year declines during the review period except for 1960, 1975, and 1977—also the only years when real consumer spending on soft goods rose weakly. Output and demand: a long-term rise The bag manufacturing industry converts paper into grocery bags and sacks, multiwall sacks, and specialty and wardrobe bags. It also converts plastic film into specialty bags, such as those that enclose much com mercially sold presliced bread, or household bags used for sandwiches, refrigerator storage, or refuse. Further more, the industry manufactures the glassine (wax pa per) or plastic liners that form the moisture and flavor barriers for foods packed in cartons (for example, dry cereal); it also fabricates bags made of cellophane. The industry, which refers to the containers it makes as “flexible,” is part of the group of industries manufactur ing containers and packaging from various materials, accounting for approximately 11 percent by value of shipments. Output of the paper and plastic bag manufacturing industry in 1977 ran 2^2 times higher than in 1954— the first year for which adequate data for this study are available. The long-term output rise—4.7 percent per year between 1954 and 1977—considerably exceeded that for real consumer expenditures on soft goods for the period (2.8 percent). It also outpaced the expansion of such major user industries as commerical bread and bun bakeries (1.2 percent); for 1958-76, retail food stores (2.3 percent) and eating and drinking places (3.2 percent). Among reasons for the comparatively rapid growth of bag manufacturing output has been the growth of su permarkets and the associated spread in unitized pack aging of merchandise prior to display on retailers’ shelves. This has meant that, in effect, given items are packaged twice—in the sealed bag (or other container) in which they are first enclosed for protection, and in the bag (or wrap) in which they leave the store. The unitizing of packages and the use of their surface as an advertising medium has been a tendency since about Table 1. Productivity and related indexes for the paper and plastic bag industry, 1954-77 [1967=100] Output per employee-hour Year Employee-hours All em ployees Produc tion workers Nonpro duction workers Output All em ployees Produc tion workers Nonpro duction workers 1954 1955 1956 1957 1958 1959 1960 .... .... .... .... .... .... .... 73.0 76.5 73.5 74.8 76.4 80.0 80.9 70.5 74.0 72.1 73.5 75.8 79.9 80.2 86.2 90.0 80.1 81.3 79.2 80.8 84.1 52.4 57.3 58.1 60.9 63.4 69.0 67.4 71.8 74.9 79.1 81.4 83.0 86.2 83.3 74.3 77.4 80.6 82.9 83.6 86.4 84.0 60.8 63.7 72.5 74.9 80.1 85.4 80.1 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 .... .... .... .... .... .... .... .... .... .... 86.1 88.4 92.3 91.7 96.3 95.8 100.0 105.5 103.5 100.4 84.9 87.2 91.6 91.4 96.6 95.6 100.0 104.9 104.1 99.0 91.3 93.7 95.4 92.8 94.8 96.7 100.0 107.9 101.1 106.5 71.0 73.9 83.7 86.9 91.5 98.9 100.0 110.4 111.7 114.0 82.5 83.6 90.7 94.8 95.0 103.2 100.0 104.6 107.9 113.6 83.6 84.7 91.4 95.1 94.7 103.4 100.0 105.2 107.3 115.1 77.8 78.9 87.7 93.6 96.5 102.3 100.0 102.3 110.5 107.0 1971 1972 1973 1974 1975 1976 1977 .... .... .... .... .... .... .... 114.2 117.8 125.1 131.8 133.6 135.0 130.2 113.2 118.1 126.0 129.7 135.4 135.6 132.1 118.3 115.9 120.7 141.8 126.7 131.9 122.3 122.4 123.3 132.7 145.1 131.1 142.7 133.8 107.2 104.7 106.1 110.1 98.1 105.7 102.8 108.1 104.4 105.3 111.9 96.8 105.2 101.3 103.5 106.4 109.9 102.3 103.5 108.2 109.4 Average annual rates of change (in percent) 1954 - 77 . 1973-77 . 2.9 1.0 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3.0 1.4 2.3 -.5 4.7 -.0 1.7 -1.0 1.6 -1.4 2.3 .5 1900. The advantages of pre-unitizing of packages by the manufacturer of the item packaged have been en hanced by steady improvements in packaging machinery since World War II, and their integration in the manu facturing process.3 During the period reviewed here, unitizing prior to shelf display was spurred by the spread of self-service in supermarkets, convenience stores, hardware stores, and department and variety stores. Self-service usually requires that the prepackaged item be easily accessible, and that the package feature descriptive information and graphics. The industry’s output of specialty bags and liners— which now consist preponderantly of plastic film4— more than quadrupled between 1954 and 1977; they accounted for more than half of total bag production in 1977, compared with one-third of a much smaller total in 1954. Advances in the sealing speed, seal integrity, and imprintability of plastic film greatly contributed to the rapid growth in their use—exemplified by the bread baking industry’s switch from wax paper wraps to plas tic bags or wraps in the mid-1960’s. Output of grocery bags and sacks, the mainstay of the paper bag production segment of the industry, near ly doubled over the period reviewed, with its share of total industry output, close to one-quarter in 1977, changing little. The demand for commercial-type bags and glassine, as well as for plastic bags, has been spurred by expanding carryout sales at restaurants ac counting for 15 percent of their total sales in 1972. Output of multiwall bags and shipping sacks rose by 40 percent over the period but dropped in relative im portance, from two-fifths of the industry’s total produc tion in 1954 to about one-quarter in 1977. Gains in demand have been slowed by a shift in shipping meth ods—from bags to bulk. For example, according to Census and Bureau of Mines data, establishments man ufacturing phosphate fertilizers reduced their consump tion of multiwall bags by close to one-fifth between 1963 and 1972. Portland cement plants shipped 21 per cent of their product in bags in 1958, but only 8 per cent in 1975. Employment pattern by phases. Employment in the bag manufacturing industry, currently at 53,000 persons, rose at an average annual rate of 1.8 percent between 1954 and 1977; hours at the plant rose by nearly the same long-term rate (1.7 percent). The trend, however, is distinguished by two phases. Until 1967, employment increased an average of 2.4 percent a year, but from then on, less than 1 percent. Hours at the plant rose in tandem with employment during the former period, but, like employment, they remained virtually unchanged during the latter. This reflected an exceptionally sharp cutback in hours (nearly 11 percent) in 1975. In 1977, employment stood 43 percent above 1954 levels, but 27 MONTHLY LABOR REVIEW May 1980 • Productivity in the Bag Industry ran significantly below the high it had reached for the period as a whole in 1970— when it had moved to 60 percent above 1954 totals. Nonproduction workers grew in relative importance over the 23-year period. The average annual rate of in crease in their number, 2.4 percent, was significantly higher than that for production workers, 1.6 percent. Currently, production workers account for 78 percent of total industry employment (compared with 71 per cent for manufacturing as a whole). In 1954, their share was 83 percent. This rise in the proportion of non production workers has in part been due to expanded professional staff, because with the shift to plastic film, research and testing personnel were increased by the larger firms. Also, computer-run extruders have re quired technical personnel over and above the normal complement of engineers and quality control teams needed in the plants. Technological developments The making of paper bags and of plastic bags differs in important respects. The basic material for plastic bags, that is, plastic film (usually polyethylene) is ex truded from pelleted resins on the premises of the larger bag manufacturing plants. In contrast, the stock for pa per bags is delivered from paper mills (classified in the paper and pulp industry). Improvements in extrusion technology have been a significant factor of productivity change in bag manufacturing. Improvements in the making of the paper stock for bags, however, are not re flected in the productivity measure discussed here. The paper or plastic film roll is first imprinted ac cording to customer specifications. The paper roll is fed into the bag-making machine, where generally, it is pre perforated, tubed, cut, bottomed, and glued. For multiwall bags, the tubing and bottoming processes are usually separate. Plastic bags are cut from rolls; they are sealed by heating as they are cut. Paper bags are stacked and bundled for shipment at the end of the manufacturing process; plastic bags may be “wicketed,” that is hung upon pins, ready for machine-filling by the customer. They are then crated or cartoned for ship ment. Technological advances in all parts of the bag-mak ing process have contributed to rising output speeds, and hence declines in unit labor requirements. Over the past 10 to 15 years, the number of standard grocery bags produced by up-to-date equipment has roughly doubled per shift. One factor here has been the installa tion of so-called single-size bag-making machines in place of multisize machines.5 Furthermore, the complet ed bags are mechanically indexed (that is, counted), stacked, and bundled— operations previously performed manually. Production of multiwall paper bags and sacks re 28 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis mains somewhat more labor-intensive. Runs are more limited than for standard bags, because they are deter mined by customer specifications regarding size, thick ness, type of bottoms, and type of closure. For some uses, the sewing of the bag’s filling end is specified. Multiwall bags, then, are produced for inventory to only a limited extent, and machines must be reset after each run. Nevertheless, machinery operates at speeds es timated to be about one-fifth higher than a decade ago.6 Innovations have been modest but steady; for example, gears are now bathed in oil; tubers and bottomers are mechanically connected, so labor for the transfer has been eliminated. Sewing apparatus is fed automatically rather than manually as in the past. Product changes Certain changes in the product have helped boost production speeds. For example, self-closing valves have replaced a variety of closure systems, including sewing. Such product changes have partly resulted from ad vances in filling equipment, requiring high-speed closing of bags.7 Some striking technological advances characterized the manufacture of plastic bags during the period stud ied. Machinery used today can produce up to 250 poly ethylene bags per minute, roughly 4 times more than 2 decades ago.8One reason for the higher speeds has been more rapid rates of sealing (or “welding”) of the bag’s bottom. Also, the wicketing of bags has been automat ed (although in some installations, manual labor is still used), and this automation has raised hourly output by as much as 60 percent.9 To attain high production speeds for plastic bags, dif ficult problems other than the forming of the bag from film have had to be tackled. These problems tend to re tard the output capacity of advanced equipment. Some larger companies maintain substantial research facilities to deal with such matters, as the printability of plastic films; less labor-intensive printing machinery; drying speeds of ink; adhesion of liners; and seal integrity. As mentioned, the larger plastic bag plants often ex trude their own film from resin pellets. Extrusion in its most advanced form is a completely automated process. The pellets are melted electrically and, in the case of the so-called cast extrusion process, which produces single layer sheets, by the friction of the extruder screw. The efficiency of the screw has come to be maximized by means of screw designs derived from experience and embodied in computer programs for screw geometry.10 The melted plastic is forced out through a slot die onto a chill drum, where it forms into a sheet. The sheet’s thickness is computer-scanned and -controlled. The speed at which the rolls of plastic sheet become avail able to the manufacturing processes depends in good part on the chill drum’s heat absorption characteristics, which remain a subject of concern to production engi neers.11 Blown film extrusion, applied in the manufacture of double-sheeted film for refuse bags and related consumer uses, has also progressed technologically, par ticularly in efficiently cooling the extruded film without interfering with its speedy transfer to flattening rollers and perforating and cutting processes. Futhermore, the combining of different polymers offering various proper ties in the final plastic film— for example, toughness, moisture barrier, oxygen barrier—has spelled material economies, and has also accelerated manufacturing pro cesses.12 The plastic sheet, prior to being imprinted, is treated by corona discharge so as to disturb its surface electronically and render it imprintable. Paper used for bags and sacks does not require pre-print treatment. The absorbability of paper permits the use of waterbased inks, while plastic film requires more volatile, sol vent inks. Heat to speed drying is nonetheless applied, but to cut associated energy costs, research to dispense with heating is underway.13 Innovations in printing ma chinery, particularly in press speeds, and inking and drying systems, have helped accelerate both paper and plastic bag manufacturing processes. Printing units have been produced in recent years that permit removal of components (for example, the printing trolley) without tools. Component removal facilitates preparation for the next job, as well as cleanup and maintenance. Loading and unloading at the wind and rewind end of the press have been automated.14 The use of cellophane for bags and wraps has been declining, and it is being replaced by plastic film (chief ly polypropylene). Cellophane’s machinability (deter mined by a material’s relative stiffness) and imprintability compare well with plastic film, but plastic film features comparable characteristics in preserving flavor and barring moisture. Plastic film has the advantage of being cheaper than cellophane, and more energy-effi cient in production.15The impact of the shift on unit la bor requirements has probably been favorable, as the older cellophane-producing equipment has been phased out and advanced plastic film- and bag-producing equipment has replaced it. During 1954-76 capital expenditures in the bag man ufacturing industry quadrupled, doubling during 1967— 76. The increase ran closely in line with that for manu facturing as a whole. Capital expenditures per employ ee, however, generally tended to lag the manufacturing average. In 1976, for example, the industry averaged $1,900 per employee on plant and equipment, or 81 percent of the $2,300-per-employee average for manu facturing as a whole. Moreover, the ratio declined somewhat from the early 1960’s. The decline reflected the lessening importance of new (or expanded) plant https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis construction by bag manufacturers, compared with fac tory building in general. The industry rents a compara tively high proportion of its plant space—the equivalent of 75 percent of its spending on structures in 1975, as against 43 percent for all manufacturers. More over, investment in new machinery and equipment has accounted for a higher proportion of bag manufactur ers’ total capital outlays than of all manufacturers’. And machinery and equipment outlays per employee in the industry were not less than 90 percent of the manu facturing average between 1958 and 1975, and Came close to, or exceeded it in 1972 and 1963. Of the 583 establishments classified in the industry by the Census of Manufactures for 1972, less than a quar ter accounted for more than 70 percent of capital ex penditures, employment, and value of shipments. More than three-quarters of all establishments had fewer than 100 employees; 43 percent had fewer than 20, account ing for but 4 percent of total industry employment and value of shipments.16 Industry outlook Continued gains in the labor productivity of the bag manufacturing industry are likely, although perhaps at somewhat lower rates than in the past 10 to 12 years. To a degree, the gains will be linked to continued high rates of output. While opportunities for packaging new or existing products have for some time been fully exploited, partial shifts away from such materials for containers and packaging as metal (for metal cans); glass (for glass containers); and paper (for paper car tons), and to plastic film or plastic film constructions, are likely to spur plastic bag manufacturing. Thus, for example, retort pouches, constructed usually of film and foil, are expected to make gradual inroads into the use of metal cans used to market canned foods. Frozen foods, currently packed mostly in paper cartons, may also, in part, be replaced by foods sold in pouches. For the present, the spread of pouches for food packaging is impeded by consumer reluctance to accept them, and by slow filling speeds.17 Machinery design improvements to attain higher out put speeds will continue to be at a premium. It is expected, for example, that high productivity chill rolls on extruders will accelerate heat transfer, thus making for stepped-up production of cast-extruded film. Analo gous developments are anticipated for blown film extru sion.18Printing is likely to become less labor intensive as innovations in gravure and letterpress printing, as well as in inking systems, already well diffused in the print ing and publishing industry, are more widely applied in bag manufacturing.19 In regard to paper bag manufac turing, it seems likely that improved tear strength in the materials used, and elimination of flaws, will continue to reduce downtime. □ 29 MONTHLY LABOR REVIEW May 1980 • Productivity in the Bag Industry FOOTNOTES 1The industry consists of establishments primarily engaged in man ufacturing bags (other than textile bags) from purchased paper, cello phane, acetate, polyethylene, polypropylene, pliofilm, foil, and similar sheet and foil materials. It is designated as No. 2643 in the Office of Management and Budget’s S ta n d a r d I n d u s tr ia l C la ssifica tio n M a n u a l, 1972. The average annual rates shown in the article and table are based on the linear least square trend of the logarithms of the index num bers. Extension of the indexes for future years will appear in the an nual BLS publication, P r o d u c tiv ity I n d e x e s f o r S e le c te d In d u stries. 2 Interview with industry representatives. In one relocated plant, the number of job classifications was fixed at seven, compared with 53 in the older plant with closely similar operations. 3 T h e R o le o f P a c k a g in g in th e U .S. E co n o m y . Report to the Ameri can Foundation for Management Research. Boston, Arthur D. Little, 1966. See also “Efficiency Marks Future of Bagmaking,” by M. B. Novotny. P a p er, F ilm , a n d F o il C o n verter, November 1977, p. 68. 4 About 70 percent of specialty bag output consists of plastic film. 5Information from industry representatives. 6 Ibid. 7Ibid. 8 Ibid. 9 Ibid. - 10 “Cast film extruder,” P aper, F ilm , a n d F o il C o n verter, July 1977. 11 Harold F. Wrede, “Extrusion coating into the 21st century,” P a p e r, F ilm , a n d F o il C o n verter, November 1977, p. 87 if. Also C. S. Blethen, “Swedish chill roll improves efficiency,” P a p er, F ilm , a n d F o il C o n verter, December 1977, p. 64 ff. 12 “Better output, control on blown film extrusion,” P aper, F ilm , a n d F o il C o n verter, June 1978, p. 66 ff; and A. M. Soutar, “Blown film coextrusion equipment— investment considerations,” P a p er, F ilm , a n d F o il C o n verter, March 1979, p. 72 ff. 13 Information from industry representatives. 14 “Newest gravure press in town for extensible, flexible materials plans to be the master,” P a p er, F ilm , a n d F o il C o n verter, June 1976, p. 32 ff. 15 “Cellophane— down but not out,” M o d e r n P a c k a g in g , May 1978, p. 51 ff. 16Figures in this section based on Census data. 17 D. A. Heintz, “Marketing opportunities for RP’s,” P a p er, F ilm , a n d F o il C o n verter, March 1978, p. 66. Also, “USA resorts to the re tort,” P a c k a g in g E n g in eer, January 1978, p. 40. 18Wrede, “Extrusion coating,” and “Better output.” 19Wrede, “Extrusion coating,” and “Better output.” Also, O u tlo o k f o r T e c h n o lo g y a n d M a n p o w e r in P r in tin g a n d P u b lish in g , Bulletin 1774, Washington, U.S. Bureau of Labor Statistics, 1973. A P P E N D IX : M easurement techniques and limitations The productivity indexes in this study measure the change over time in industry output per unit of labor input. They do not measure the specific contribution of labor, but reflect the influence of many factors such as technology, capital investment, and managerial skills, as well as the skill and effort of the work force. The output index is based on value of shipments data, published by the Bureau of the Census. Detailed data from the Census of Manufactures for 1954, 1958, 1963, 1967, and 1972 were used to derive benchmark indexes, to which the annual indexes for intervening 30 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis years, based on the Annual Survey of Manufactures, were adjusted. The value of shipments of the various product classes was adjusted for price changes by ap propriate Producer Price Indexes to derive a real output measure. In turn, the product classes were combined with employee-hour weights to derive the overall output measure. Employment and employee-hour indexes were derived from Bureau of the Census data. The number of employees and employee-hours is considered homoge neous and additive, and the pertinent measures thus do not reflect changes in the qualitative aspects of labor. Communications Does the CPI exaggerate or understate inflation? D a n ie l J. B. M itc h ell During periods of rapid inflation, the Consumer Price Index (CPI) is closely scrutinized by press and public. There is a natural tendency—when news is bad—to blame the messenger. In particular, it is often charged that the CPI is inherently upwardly biased1 and that, therefore, it overstates the impact of inflation in reduc ing real earnings. It is only a small step from that charge to the conclusion that the CPI itself is inflation ary because of its effect on indexed wages and incomes and on the perception of inflation by nonindexed groups.2 When the CPI is criticized for overstating the rate of inflation, two problems are most often mentioned. First, it is noted that the CPI has fixed weights and, thus, does not account for substitution effects induced by changes in relative prices. Second, it is said that the CPI cannot adequately reflect quality improvements, in novations, and new products. Such problems are inher ent in index numbers, but there is no reason to assume that other elements in the construction of the CPI do not offset these biases. A third complaint during the re cent period concerns the treatment of the housing sec tor. Basically, house purchases are treated in the same manner as other durable goods purchases in defining the CPI. Because house prices have increased substan tially relative to other prices, it might be assumed that the inclusion of house prices had a substantial impact in pushing up the overall index.3 Is it true that the CPI has only upward biases? Or are there measurement and conceptual elements of the index which push in the other direction? Critics of the CPI have concentrated on the upward biases and have ignored important counteracting effects. The house-price Daniel J. B. Mitchell is director of the Institute of Industrial Rela tions, University of California, Los Angeles, and professor at the Graduate School of Management. Some of the results reported in this note were developed when the author was a senior fellow of the Brookings Institution. However, the views expressed do not necessari ly reflect those of Brookings, its trustees, or staff. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis component of the CPI appears not to have reflected as much inflation during 1968-78 as other indexes of house prices. And the new car component— due to “quality” adjustments—has not reflected the full in crease in “expenditures per car” experienced by consumers. In December 1978, the home-purchase weight in the CPI for all urban consumers was slightly more than 10 percent (9 percent for urban wage earners and clerical workers) and the new car weight was just under 4 percent. Thus, difficulties in measuring these components can have a noticeable effect on reported in flation rates. H ouse prices Although the rapid increase in house prices was one of the most discussed economic phenomena of the 1970’s, the CPI home-purchase component reported an annual increase of only 6.7 percent a year during 1968— 78. During the same period, the All-Items CPI rose at a 6.5-percent rate.4 Thus, while the CPI did report some relative price increases in homes, the gain of 0.2 percent a year is hardly remarkable and its moderate size would surprise many home owners and buyers. Other indexes of house prices show a more rapid annual rate of infla tion, as shown in the following tabulation:5 Bureau of the Census new-house price index (quality a d ju sted ).......................................... National Association of Realtors existinghouse price index (not quality ad ju sted )............. FHA: New home acquisition costs ............................. Existing home acquisition c o s t s ........................ 8.5 9.5 7.6 7.5 The CPI home-purchase component is based on data collected from the Federal Housing Administration (FHA), which insures mortgages primarily of lower priced housing. Unfortunately, dollar ceilings on mort gages the FHA will insure tend to inhibit price in creases observed from FHA data. The number of new FHA-insured mortgages varies from year to year, but generally declined during 1968-78. The fact that unadjusted indexes of acquisition costs of FHA-insured houses6 rose faster than the CPI’s home-purchase com ponent may be due to quality adjustments included in the CPI figure. But, if so, the quality adjustment is greater than that made by the Census Bureau in its new-house index.7 31 MONTHLY LABOR REVIEW May 1980 • Communications In summary, the CPI home-purchase component rose more slowly than other indexes of house prices. Because the home-purchase component did not rise much faster than the all-items index, it did not have a strong in fluence in pulling up the measured rate of inflation dur ing 1968-78. In fact, other measures of house prices would have pushed up the CPI faster. Car prices The new-cars component of the CPI increased at a 4.5-percent annual rate during 1968-78, significantly slower than the all-items index (6.5 percent). Buyers of new cars, however, may find this reported relative de cline at variance with their personal experience. The National Automobile Dealers Association’s index of ex penditures per new car showed a 7.2-percent annual gain.8The used-cars component of the CPI rose 6.6 per cent a year, higher than the all-items average. Because used cars are presumably substitutes for new cars, the substantial divergence in inflation rates for new and used cars is initially surprising. The gap between the CPI index for new cars and the National Automobile Dealers Association’s index of ex penditures per new car is largely explained by various “quality” adjustments applied to new car prices before the CPI component is calculated. Much of the adjust ment is due to the addition of mandatory safety and pollution equipment. The fact that such devices had to be required by law suggests that consumers value the devices at less than their actual cost.9 There is also a question as to whether the “downsizing” of new cars to meet fuel economy standards should be considered a quality deterioration, although it was not so treated in computing the CPI new-cars component. Obviously, if mandatory equipment had not been treated as a quality improvement and downsizing had been treated as a quality deterioration, the new-cars component of the CPI would have risen faster than the 4.5-percent report ed during 1968-78. The following tabulation shows the possible effect on the measured rate of inflation during 1968-78 if the CPI had been computed differently: Annual increase CPI, all items, substituting: Expenditures per car index (for CPI’s new-cars com p onent)..................... New-and existing-house price indexes (for CPI’s home-purchase com ponent)........... Combination of the two alternative indexes . . . 6.5 6.6 6.8 6.9 If the National Automobile Dealers Association’s ex 32 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis It IS EVIDENT that not all the biases in the CPI push the index upward. Some elements of measurement and methodology have had the opposite effect. Although there is no guarantee that the errors and biases of CPI methodology will cancel out exactly, critics should avoid concentrating only on particular problems of measurement or concept in evaluating the overall CPI as a measure of inflation. □ --------- F O O T N O T E S ---------' For example, see “U.S. Inflation Index is Inflationary, Critics Con tend,” L o s A n g e le s T im es, Dec. 27, 1979, Part III, pp. 12, 21. 2It has been estimated that 50 percent of the U.S. population re ceives some indexed income, although only 15 percent of total income is indexed. See Julius Shiskin, “A new role for economic indicators,” M o n th ly L a b o r R ev ie w , November 1977, pp. 3 -5 . 3This note does not address the issue of whether housing consump tion should be treated as it is under current CPI methodology or whether— as some critics have suggested— as a flow. See Lawrence E. DeMilner, “Statement before the U.S. House Budget Committee Task Force on Inflation,” Dec. 14, 1979, for arguments in favor of a flow concept. 4This statement refers to the CPI for urban wage earners and cleri cal workers which was available throughout the period. 5The quality-adjusted index for new houses are from P r ic e I n d e x o f N e w O n e -F a m ily H o u s e s S o ld , F o u rth Q u a r te r 1 9 7 8 (Bureau of the Census, 1979), p. 3. This index is based on a standarized house sold in 1978 and is adjusted for 10 important characteristics. The existinghouse price index is from E x is tin g H o m e S a le s (National Association of Realtors, April 1979), p. 10. 6 Data on FHA-insured mortgages are from the 1 9 7 5 S ta tis tic a l (U.S. Department of Housing and Urban Development, 1978), tables 41-42; and from data supplied by H UD to the author. 7The quality adjustment applied to the Census Bureau’s new-house price index subtracts only about 0.3 percentage points a year from the unadjusted rate of new house inflation during 1968-78. 'Data on expenditures per new car are from N A D A D a ta f o r 1 9 7 9 (National Automobile Dealers Association, 1979), p. 5; or were sup plied to the author by the association. Y e a rb o o k Alternative procedures CPI, all items (a c tu a l)............................................... penditures per car index had been substituted for the new-cars component, the all-items index would have ris en about 0.1 percent faster per year. If the Bureau of the Census’ index of new house prices and the National Association of Realtors’ index of existing house prices were substituted for the home-purchase component, the all-items index would have risen about 0.3 percent faster per year.10The combination of the two alternative indexes for new cars and houses would have raised the all-items index by 0.4 percent a year. 9Some quality improvements stemmed from features which were not legally mandated. For example, options such as power brakes, power windows, and air conditioning have become more common in recent years. See S ta tis tic a l A b s tr a c t o f th e U n ite d S ta tes, 1 9 7 9 (Bureau of the Census, 1979), p. 649. Concerning mandated equipment, how ever, there is an inconsistency in current methodology. The costs of safety and anti-pollution equipment used in the factories producing new cars are presumably reflected in car prices. Yet, no quality ad justment is made for such devices. Thus, an anti-pollution device on the factory smokestack is not viewed as an improvement in the quali ty of cars produced in the factory. But a similar device on the car’s tailpipe is considered a quality improvement. 10The alternative house-price component was computed as a weighted average of the Census Bureau’s new-house price index and the National Association of Realtors’ existing-house price index. The weights on new and existing houses were 29 percent and 71 percent, respectively. These were the proportions of new and existing house sales- during 1972-73, the same period used in the most recent weighting of the CPI. Data on existing house sales are from E x is tin g H o m e S a le s (National Association of Realtors, April 1979), p. 4. Data on new home sales are from N e w O n e -F a m ily H o u s e s S o ld a n d F o r S a le (Bureau of the Census, November 1977 and February 1979), ta ble I. To compute the effect of substituting the alternative indexes in the CPI, an approximation was used. The CPI weights (all urban consumers) for December 1978 were projected to earlier years by tak ing account of price inflation in the various components of the index. These weights will not be identical to those actually used to calculate the CPI, but will give reasonable approximations. Does the CPI exaggerate or understate inflation? Some observations Ja c k E. T riplett Daniel Mitchell’s paper provides a timely reminder that measurement errors in price indexes do not always re sult in overstatement of inflation. This point seems to have been overlooked in much recent public discussion of the Consumer Price Index. Many critics of the CPI cite unmeasured quality change as a reason for assuming that the index over states inflation.1However, research findings on this sub ject are not entirely consistent with what many of the CPI’s critics seem to believe. Some studies of quality change in price indexes have pointed to possible down ward errors in certain components of the indexes (in cluding autos, rental housing, and some appliances); for other components, researchers obtained the opposite re sult.2 When a researcher produces a price index that differs from one published by the BLS, that does not necessari ly mean the BLS index is wrong. Examining alternative data sources, computational methods, ways of handling quality change, and so forth can be very useful in the continuing and ongoing process of evaluation that a sta tistical agency must pursue to assure that its output is of the highest quality possible. But when these alterna tive procedures give results different from those current ly in use in the CPI (or in some other price index), the evaluation has just begun. We must test the plausibility of the alternative indexes against other known facts, and against knowledge of the actual problems that arise in price index construction. Only when the alternative indexes “fit in” with other information can we have conJack E. Triplett is Assistant Commissioner, Office of Research and Evaluation, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis fidence that the messages they give are not misleading. House-price indexes Mitchell points out that other measures of home prices, particularly the Census Bureau’s index of the prices of new homes, have risen faster than the CPI home-purchase index. The discrepancy between the Census and CPI series has widened as the pace of in flation in home prices has accelerated over the past 3 years, so that the discrepancy is considerably larger for recent years. The following shows percent changes in the CPI’s home-purchase component and the Bureau of the Census new-house prices index: 197319741975197619771978- 74 75 76 77 78 79 ........... ........... ........... ........... ........... ........... CPI home purchase Census new home price Difference 7.5 12.3 5.1 6.6 9.6 13.4 9.4 10.0 8.4 12.3 14.1 13.8 -1.9 2.3 -3.3 -5.7 -4.5 - .4 The Census index is computed exclusively from prices of newly constructed homes; the BLS home-purchase in dex includes both new and existing homes. However, in most parts of the country there seems little reason to suppose that the upward trend of prices of previously occupied homes has not kept up with prices of new homes. What, then, can account for the difference be tween the two indexes? The two indexes differ in data bases, computational methods, and in the way they handle quality change. Data for the Census index come primarily from build ers. The CPI home-purchase index is compiled from data on home sales which involve mortgages insured by the Federal Housing Administration or the Veterans Administration. This is the only available data base which meets CPI needs for a national index, and also for 28 city indexes and 16 city size and regional indexes. The data base does, however, have known problems. The Census index is computed by hedonic methods3 which hold constant a set of 10 characteristics of hous es, such as floor space, number of bathrooms, locational factors, and so forth. The BLS index holds a somewhat smaller set of factors constant, including size, age, and geographic area. Both indexes are subject to potential quality error for changes in characteristics which are not held constant in the procedures used in their con struction. Little information about the statistical properties of the Census index and its data base is currently avail able. John Greenlees, in an as yet uncompleted BLS study, has shown that quality change in the FH A -V A sample creates a downward bias in some of the city home-purchase indexes that make up the CPI.4 It is not 33 MONTHLY LABOR REVIEW May 1980 • Communications yet certain whether this result will hold for all CPI city indexes, but Greenlees’ preliminary finding provides in sight for interpreting the CPI-Census house price com parisons. If we have reason to suspect a downward quality error in the CPI home-purchase index, it is in deed reasonable to look to an independent index of new-house prices for suggestions about the probable magnitude of the problem. The more rapid the inflation rate of homes, the more rapidly do those prices “bump” against the FH A -V A ceiling— thus, one might expect the problem with the CPI data base to be more severe in rapid inflation (and, conversely, to be rather more manageable at lower in flation rates). Mitchell’s comparison of home-price in dexes thus gives results that seem plausible. Though it is too early to tell why the two indexes give similar re sults for 1979 (both showing a nearly record rate of inflation for home prices), when the FH A -V A ceiling is raised, it tends to diminish the quality error in the BLS series. Rental-cost index At least two research studies of rental price indexes have suggested similar downward-bias problems. It has long been known that the CPI rent measure has an in herent “aging bias” because of unmeasured month-tomonth deterioration. In 1972, Rafael Rom Weston5compared the CPI rent index with an index based on decennial Census data, which he adjusted for depreciation. For the 1960-70 in terval, his quality-adjusted Census index (31.4 percent) rose about 50 percent more than the CPI rent index (20.0 percent). More recently, James Follain and Stephen Malpezzi of the Urban Institute computed a quality-adjusted index from the Annual Housing Survey for the years 1974-76. This, too, showed greater rates of increase than the CPI rent index:6 1974- 75 ............... 1975- 76 ............... 1974-76 ........... CPI rent index Urban Institute rent index 5.5 JU 11.1 5.9 _C9 13.2 Many economists have substituted the CPI rent index for the published CPI homeownership component, a recomputation that results in a lower overall index. Alternatively, others have preferred the Commerce De partment’s Implicit Price Deflator for Personal Con sumption Expenditures (PCE) on the same grounds: the PCE uses the CPI rent index as a proxy for the cost of homeownership. However, because of aging bias in the rent index, such indexes probably understate infla tion. This conclusion also applies to Experimental Index X - l now published monthly by the BLS.7 34 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Car-price index Mitchell’s discussion of automobile prices is less per suasive. The CPI new-cars index is adjusted for quality change using information from manufacturers, but com parable quality adjustments are not applied to the usedcars index, which suffers also from an inadequate data base. And an “expenditures per new car” series will clearly rise when quality improvements are incorporated into new cars, while a valid price index would not. Thus, both alternative series probably have more severe quality errors than does the CPI new-cars component. Yet, his statement that “if mandatory equipment had not been treated as a quality improvement . . . the newcar component of the CPI would have risen faster . . . ” is certainly correct. And a number of previous studies of the CPI new automobiles index suggest that measure ment error, when it exists under present procedures, might cause the index to rise somewhat too slowly— though differences between research indexes and the CPI are small, and the research indexes are also subject to certain biases.8 Mitchell’s general point is correct: “Critics of the CPI have concentrated on the upward biases . . . ” In the process, they have overlooked evidence of bias in the other direction. Price index measurement is, like all forms of measurement, subject to error. No one really knows the net effect of offsetting upward and down ward quality errors in index components on the overall CPI. Mitchell’s paper fits in with a wide body of re search which, taken together, tells us we should not as sume that improving the measurement will necessarily lower the measured rate of inflation. □ --------- F O O T N O T E S ---------' Mitchell also mentions another problem — that a fixed-weight price index formula suffers from a “substitution bias” because it makes no allowance for changes in consumption in response to rela tive price changes. An article covering recent research on the substitu tion bias question is in preparation and will appear in a future issue of the M o n th ly L a b o r R ev ie w . 2A survey of published studies on quality error in price indexes is contained in Jack E. Triplett, “The Measurement of Inflation: A Sur vey of Research on the Accuracy of Price Indexes,” in Paul H. Earl, ed., A n a ly s is o f I n fla tio n (Lexington, Mass., Lexington Books, 1975). 3This is a regression procedure for holding quality change constant in the sample from which the price index is computed or (alternative ly) for deriving adjustments for quality change that can be used with in the framework of traditional price index formulas. A standard reference is in Zvi Griliches, ed., P ric e I n d e x e s a n d Q u a lity C h a n g e: S tu d ie s in N e w M e th o d s o f M e a s u r e m e n t (Cambridge, Mass., Harvard University Press, 1971). See also Jack E. Triplett, T h e T h eo ry o f H e d o n ic Q u a lity M e a s u r e m e n t a n d I ts U se in P r ic e I n d e x es, Staff Paper 6, (Bureau of Labor Statistics, 1971). ‘ The demonstration of this is in Greenlees’ forthcoming paper. Briefly, the more expensive and higher quality houses qualifying for F H A -V A mortgages in one period will not qualify for them later be cause of housing inflation. This creates a slow monthly deterioration in average quality in the sample, which can cumulate over time to yield an index which rises more slowly than the true rate of inflation in home prices. 5 Rafael Rom Weston, “The Quality of Housing in the United States, 1929-1970” Harvard University, 1972, Ph. D. dissertation. 6James R. Follain and Stephen Malpezzi, D is se c tin g H o u s in g V alu e a n d R e n t: E s tim a te s o f H e d o n ic I n d e x e s f o r T h ir ty -N in e L a r g e S M S A ’s, Report 249-17 (Washington, D.C., The Urban Institute, 1979), tables 20 and 21. 7See T h e C o n s u m e r P r ic e I n d e x , monthly press release of the Bu reau of Labor Statistics. 8See Jack E. Triplett, “Automobiles and Hedonic Quality Measure ment,” J o u r n a l o f P o litic a l E c o n o m y , May/June 1969, pp. 408-17; Phoebus F. Dhrymes, “Price and Quality Changes in Consumer Capi tal Goods: An Empirical Study,” in Zvi Griliches, ed., P r ic e I n d e x e s a n d Q u a lity C h a n g e, pp. 88-149; Thomas F. Hogarty, “Price-Quality Relations for Automobiles: A New Approach,” A p p lie d E co n o m ics, Vol. 7, 1975, pp. 41-51; and Makota Ohta and Zvi Griliches, “Auto mobile Prices Revisited: Extensions of the Hedonic Hypothesis,” in Nester E. Terleckyj, ed., H o u s e h o ld P r o d u c tio n a n d C o n su m p tio n , Studies in Income and Wealth, Vol. 40, National Bureau of Economic Research (New York, Columbia University Press, 1975), pp. 325-90. Measures to cut costs and prices What effect can we expect on the ongoing inflation rate from one-time increases or reductions in prices or costs? We can rely on cost changes to be reflected in prices. Be yond that, the empirical evidence is unfailingly ambiguous. The price shocks of the mid-1970’s affected wages, but not proportionately. Consumer prices appear to have some per sistent effect on wages, but it is modest once the effects of lagged wages themselves are allowed for. On the basis of the evidence, it appears that only a minor fraction of any shock to prices would filter through into average wage changes and thus have some multiplied effect. That still makes measures to cut prices and costs worth pursuing https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis and their opposites worth avoiding. Even if only one-quar ter of any price change influences wages, 1 percent re moved from the CPI reduces wage inflation by about as much as 1 percentage point more unemployment for 1 year. — G e o r g e L. P e r r y “Slowing the Wage-Price Spiral: The Macroeconomic View,” in Arthur M. Okun and George L. Perry, eds., C u r in g C h ro n ic I n fla tio n (Washington, The Brookings Institution, 1978), p. 55. 35 Special Labor Force Reports—Summaries Women’s share of moonlighting nearly doubles during 1969-79 Edw ard S. S e k s c e n s k i Nearly 1 in 20 workers held more than one job during the survey week in May 1979. Since May 1969, despite some fluctuations, the number of “moonlighters” has grown at about the same rate as the total work force; by May 1979, about 4.7 million persons held more than one job.1The most striking change in the moonlighting work force during the decade is the proportion of wom en in its ranks. About 3 of every 10 multiple jobholders in May 1979 were women, nearly double the proportion of 10 years earlier. (See table 1.) Multiple jobholders are persons who were: wage or salary workers with more than one employer, selfemployed but also held a wage and salary job, or un paid family workers on their primary jobs but also held wage and salary jobs.2The primary job is the one where the greatest number of hours was worked. Patterns by sex and race In May 1969, about 658,000 women held more than one job, representing 16 percent of all moonlighters. By May 1979, moonlighting women numbered 1.4 million, accounting for 30 percent. However, the number of men with multiple jobs remained about 3.3 million. These changes are consistent with the increased proportion of women in the total work force, many of whom are the primary earners in their families.3Further, the growth in the number of multi-earner families may have dimin ished the economic incentive for some husbands to hold more than one job. While the reported incidence of multiple jobholding has long been lower for black than for white workers, the difference has grown considerably in recent years. The moonlighting rate for black men has dropped more rapidly than that for white men. The rate for black women has remained largely stationary, while that for white women has risen sharply. Between 1969 and 1979, the reported incidence of Edward S. Sekscenski is an economist in the Office of Current Em ployment Analysis, Bureau of Labor Statistics. 36 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis moonlighting among black men dropped from 6.1 to 3.8 percent, while the rate for white men declined from 7.0 to 6.1 percent. During the same period, the rate for black women edged down, from 2.2 to 2.0 percent, but the rate for white women increased from 2.3 to 3.7 per cent. However, although black women were less likely than white women to hold more than one job, they were more likely to work full-time on at least one job.4 Industry and occupation Groups of industries employing large proportions of workers who also moonlighted during May 1979 includ ed public administration, 7.6 percent, and agriculture and services, 6.1 percent each. Within these groups, the specific industries with the highest proportions of moonlighters were State and local administration, 9.3 percent; education, 8.2 percent; and entertainment and recreation, 7.3 percent. (See tables 2 and 3.) About 15 percent of second jobs were in agriculture, more than 4 times the percentage of primary jobs in the industry. One-third of multiple jobholders, including nearly two-fifths of the men, were self-employed in their second jobs. The proportion of moonlighters working their secondary jobs in services, 30 percent, was slightly higher than that for single jobholders. Among the major occupational groups, farmers and farm managers, and professional and technical workers reported the highest rates of moonlighting. Nearly 1 in 4 multiple jobholders in May 1979 was a professional or technical worker, up from less than 1 in 5 in 1969. Women in these occupations accounted for more than 60 percent of the increase. Particularly large increases in moonlighting occurred among women teaching in pri mary and secondary schools, and persons working in health professions. The moonlighting rates for men in these two professions, though more than twice that of women in comparable jobs, were down by about one percentage point each, from their 1969 levels. Another occupational group with a high proportion of moon lighting men was protective services, such as police who also work as private guards. This rate, however, also decreased during the decade, from slightly less than 17 percent to about 12 percent. Occupational groups with lower than average rates of multiple jobholding in May 1979, as well as 10 years earlier, included factory operatives and clerical workers. Table 1. Persons holding two jobs or more and multiple jobholding rates, May 1969 to May 1979 [Numbers in thousands] Total employed Year 1969 .................... 1970 .................... 1971.................... 1972 .................... 1973 .................... 1974 .................... 1975 .................... 1976 .................... 1977 .................... 1978 .................... 1979 .................... 77,264 78,358 78,708 81,224 83,758 85,786 84,146 87,278 90,482 93,904 96,327 Two jobs in nonagricultural industries Multiple jobholding rate1 All multiple jobholders At least one job in agriculture Total Two wage and salary jobs Wage and salary and self employed Both sexes Men Women White 4,008 4,048 4,035 3,770 4,262 3,889 3,918 3,948 4,558 4,493 4,724 939 943 851 831 987 848 890 819 922 905 871 3,069 3,105 3,184 2,939 3,275 3,041 3,028 3,129 3,637 3,587 3,852 2,326 2,356 2,288 2,066 2,410 2,169 2,131 2,191 2,515 2,513 2,650 743 749 896 873 865 872 897 938 1,122 1,074 1,203 5.2 5.2 5.1 4.6 5.1 4.5 4.7 4.5 5.0 4.8 4.9 6.9 7.0 6.7 6.0 6.6 5.8 5.8 5.8 6.2 5.8 5.9 2.3 2.2 2.6 2.4 2.7 2.6 2.9 2.6 3.4 3.3 3.5 5.3 5.3 5.3 4.8 5.1 4.6 4.8 4.7 5.3 5.0 5.1 Black2 4.5 4.4 3.8 3.7 .4.7 3.8 3.7 2.8 2.6 3.1 3.0 1Multiple jobholders as a percent of all employed persons. 2Starting with 1977, data are for black workers only. Data for prior years are for persons of black and other races except white, about 90 percent of whom are black. Although differences exist in the responses given by men and women, the distribution of reasons for work ing more than one job has shown few year-to-year changes since 1974, the first period for which compara ble data are available.5About 29 percent of men and 34 percent of women stated “meeting regular expenses” was the main reason for holding two or more jobs dur ing the survey week. (See table 4.) In 1974, 33 percent of men and 30 percent of women cited this as their main reason. However, among black women, about half of those with more than one job gave the need to meet regular expenses as their principal reason for moonlightTable 2. ing, both in 1974 and 1979. A larger proportion of men than women in May 1979 said “saving for the future” was their main reason for holding more than one job. More older workers than young ones offered “enjoying the work” on their second jobs as the main reason. More younger workers said it was “paying off debts.” The proportion of women working a second job “to get experience” increased in almost every age group during 1974-79. Marital status, historically, has been a factor in the decision to moonlight. The highest rates were exhibited by married men, especially those with two children or Multiple jobholders by type of industry and class of worker, May 1978 and May 1979 [Numbers In thousands] Multiple jobholders Primary job Total employed Number Percent of employed Second job in agriculture Second job in nonagricultural industries Total Wage or salary Selfemployed Total Wage or salary 634 3,741 2,878 863 26 26 154 36 94 25 143 25 94 25 11 11 ( 1) ( 2) 2,735 2,513 201 21 852 852 (2) 3,587 3,365 201 21 Selfemployed MAY 1978 Total ................................................ 93,904 4,493 4.8 752 118 Agriculture .................................................. Wage and salary .................................. Self-employed ...................................... Unpaid family........................................ 3,392 1,441 1,627 323 204 70 106 28 6.0 4.9 6.5 8.6 50 34 13 3 24 8 13 3 Nonagriculture.............................................. Wage and salary .................................. Self-employed ...................................... Unpaid family........................................ 90,512 83,526 6,442 543 4,289 4,066 202 21 4.7 4.9 3.1 38 701 700 1 94 93 1 Total ................................................ 96,327 4,724 4.9 725 145 580 3,999 2,993 1,006 Agriculture .................................................. Wage and salary .................................. Self-employed ...................................... Unpaid family........................................ 3,315 1,455 1,592 332 203 78 108 16 6.1 5.4 7.1 5.0 57 42 14 1 27 12 14 1 30 30 (2) 146 37 94 16 137 28 94 16 9 9 ( 1) (2) Nonagriculture.............................................. Wage and salary .................................. Self-employed ...................................... Unpaid family........................................ 93,012 85,662 6,841 509 4,521 4,307 206 8 4.9 5.0 3.0 1.5 668 660 8 0 118 110 8 0 550 550 0 (2) 3,852 3,647 198 8 2,855 2,650 198 8 997 997 0 (') (2) 607 607 (’ ) ( 1) Í 2) MAY 1979 1Self-employed persons with secondary businesses or farms, but no wage or salary jobs, were not counted as multiple jobholders. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis n (2) 2Persons whose primary jobs were as unpaid family workers were counted as multiple jobholders only if they also held a wage or salary job. 37 MONTHLY LABOR REVIEW May 1980 • Special Labor Force Reports— Summaries Table 3. Personal characteristics of persons with 2 jobs or more, May 1979 [Numbers in thousands] Characteristic Total Men Multiple jobholders Multiple jobholders Women Multiple jobholders Total employed Number Percent Total employed Number Percent Total employed Number Percent 96,327 3,118 4,593 13,715 25,589 18,747 16,229 11,364 2,974 4,724 120 180 656 1,405 1,066 805 401 91 4.9 3.8 3.9 4.8 5.5 5.7 5.0 3.5 3.1 56,410 1,755 2,429 7,481 15,158 10,969 9,795 6,968 1,855 3,317 59 107 382 976 790 613 319 71 5.9 3.4 4.4 5.1 6.4 7.2 6.3 4.6 3.8 39,917 1,363 2,164 6,234 10,431 7,777 6,434 4,396 1,118 1,407 60 73 274 430 277 192 82 20 3.5 4.4 3.4 4.4 4.1 3.6 3.0 1.9 1.7 22,822 61,598 11,908 1,001 3,199 524 4.4 5.2 4.4 12,974 39,098 4,339 572 2,550 195 4.4 6.5 4.5 9,848 22,500 7,569 429 649 329 4.4 2.9 4.3 85,541 9,076 4,684 4,390 269 150 5.1 3.0 3.2 50,656 4,840 2,907 3,087 182 111 6.1 3.8 3.8 34,885 4,237 1,741 1,304 86 39 3.7 2.0 2.2 AGE Total, 16 years and o v e r............................ 16 and 17 years .................................................. 18 and 19 years .................................................. 20 to 24 years...................................................... 25 to 34 years...................................................... 35 to 44 years...................................................... 45 to 54 years...................................................... 55 to 64 years...................................................... 65 years and o v e r................................................ MARITAL STATUS Single................................................................... Married, spouse present........................................ Other marital status.............................................. RACE AND ETHNICITY White .................................................................. Black ................................................................... Hispanic origin...................................................... more. The lowest rates have been shown by married women. However, in the 1969-79 period, rates for mar ried men declined and those for married women in creased by about one percentage point each. The rate for widowed, divorced, and separated women rose from 3.5 to 4.3 percent. Single (never-married) women showed an even larger increase in moonlighting during the period, from 2.5 to 4.4 percent. About two-thirds of multiple jobholders worked one full-time and one part-time job. More than threefourths of such persons were men. Nearly half of wom en moonlighters held two part-time jobs. The propor tion of men holding two full-time jobs in May 1979 was twice as high as for women: Table 4. Multiple jobholders Both sexes Men Women Total [in th ou san d s]..................... Percent distribution ..................... One full-time, one part-time job Two part-time j o b s .................. Two full-time j o b s ..................... 4,724 100 67 27 5 3,317 100 75 19 7 1,407 100 51 48 3 An average total of 52 hours was worked by moon lighters during the survey week. Hours worked on sec ondary jobs averaged 13; those worked by moon lighting women averaged about 70 percent of those by men. About 30 percent of moonlighters worked from 8 to 14 hours a week on their secondary jobs. About 52 percent worked either 1 to 7 hours or 15 to 21 hours. Main reason for working at more than one job, by selected characteristics, May 1979 Sex, marital status, and race Total ................................................ Total (thousands) Total percent Meet regular expenses Pay off debts Save for future Get exper ience Help friend or relative Buy some thing special Enjoy the work Changed job Other 4,724 100.0 30.4 6.7 9.5 8.5 5.9 8.3 18.2 1.3 11.3 3,317 2,550 1,407 636 100.0 100.0 100.0 100.0 28.8 32.4 34.3 25.9 6.3 5.3 7.7 4.9 11.0 10.8 5.9 6.2 8.8 8.3 7.1 7.3 5.6 5.1 6.4 7.4 7.8 6.4 9.6 11.4 19.1 20.3 16.0 20.9 1.1 .7 1.9 2.5 11.5 10.8 11.1 13.4 3,087 1,304 100.0 100.0 28.4 33.4 6.0 7.3 10.9 6.0 8.9 7.4 5.8 6.6 7.7 9.8 19.5 17.0 1.1 1.8 11.6 10.9 230 103 100.0 100.0 33.2 46.6 11.2 12.6 12.6 4.9 6.3 2.9 3.1 4.9 9.0 6.8 13.0 3.9 .1 3.9 10.8 13.6 ALL RACES Men, total .................................................... Married, wife present ............................ Women, total................................................ Married, husband present .......... ........ WHITE Men ............................................................ Women........................................................ BLACK AND OTHER1 Men ............................................................ Women........................................................ ' Data on reasons for working at more than one job by race are tabulated for "black and other," in contrast to black only. The black and other group includes those who identified them- 38 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis selves in the enumeration process to be other than white. At the time of the 1970 Census of Population, 89 percent of the black and other population group were black. Industries in which employees worked more than the average number of hours on secondary jobs, in May 1979, included construction, 16 hours, and manufactur ing, 15 hours. Moonlighters worked a weekly median of 40 hours on their primary jobs in May 1979, the same median as single jobholders, and for both white and black work ers. Moonlighters who were self-employed in agriculture as a first job worked a median of 56 hours, the longest of any occupation, while unpaid family workers aver aged 35 hours of work on their first jobs. □ --------- F O O T N O T E S ---------' This is an annual study based on data supplied by the May Cur rent Population Survey. 2Also included as multiple jobholders are persons who had two jobs during the survey week because they were changing jobs. This group is very small— about one percent of all multiple jobholders in May 1979. Persons employed only in private households (such as housekeepers, launderers, gardeners, and babysitters) who worked for two or more employers during the survey week were not counted as multiple jobholders, because working for several employers is consid ered an inherent characteristic of this type of work. Also excluded were self-employed persons with additional farms or businesses and persons with secondary jobs as unpaid family workers. 3See Beverly L. Johnson, “Marital and family characteristics of workers, 1970-78,” M o n th ly L a b o r R ev ie w , April 1979, pp. 49-52; and Janet L. Norwood and Elizabeth Waldman, “Women in the labor force: some new data series,” U.S. Bureau of Labor Statistics, Report 575, October 1979. 4 See Carol Leon and Robert W. Bednarzik, “A profile of women on part-time schedules,” M o n th ly L a b o r R ev ie w , October 1978, pp. 3-12. 5The question asked is “What is the main reason that . . . worked at more than one job?” That question was also asked in May 1969, but only five reasons were tabulated at that time. Since May 1974, eight reasons have been tabulated, thus, the earlier data are not strict ly comparable with the 1974-79 tables. Percent working long hours shows first post-recession decline G eorge D. St a m a s From 1978 to 1979, the incidence of long hours among full-time wage and salary workers dropped for the first time since the 1974-75 recession. The 18.8 million em ployees who put in workweeks of 41 hours or more in May 1979 were about 26 percent of all full-time wage and salary workers, down about 1 percentage point from 1978. Of those who worked long hours, about 43 percent received premium pay, the same proportion as in 1978 and well above the recessionary low of 1975. (See table 1.) These data were gathered through a supplement to the Current Population Survey and relate to wage and George D. Stamas is an economist in the Office of Current Employ ment Analysis, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 1. Full-time wage and salary workers who worked long weeks and those who received premium pay, May 1973-M a y 1979 [Numbers in thousands] Year 1973................... 1974 .................. 1975 .................. 1976 .................. 1977 .................. 1978 .................. 1979 .................. Worked 41 hours or more1 Received premium pay All full-time workers Number Percent of full-time workers Number Percent of those who worked 41 hours or more 62,202 63,714 61,765 64,546 66,441 69,428 71,677 18,105 17,564 15,450 16,679 18,174 18,977 18,765 29.1 27.6 25.0 25.8 27.4 27.3 26.2 7,697 7,302 5,597 6,621 7,697 8,138 7,999 42.5 41.6 36.2 39.7 42.4 42.9 42.6 1Data are limited to wage and salary workers who worked at only one job. salary workers with one job who worked 41 hours or more during the week ending May 12, 1979.1They do not include the 3.3 million multiple jobholders who worked more than 40 hours, even if they passed the 40-hour mark on their principal job. Nor do they in clude the 4 million self-employed who worked 41 hours or more. The Fair Labor Standards Act, passed by Congress in 1938, mandated that premium pay of time and onehalf the regular wage be paid to qualifying nonsupervisory workers for hours worked in excess of 40 per week. Over the years, the act has been amended and in 1979 its overtime provisions covered an estimated 53 million workers, 74 percent of all nonsupervisory work ers, 59 percent of all civilian wage and salary workers.2 While the act sets the standard for most workers, premium pay for overtime begins before 40 hours for some workers. Public laws covering government con tracts and Federal employment generally entitle workers to premium pay for hours worked in excess of 8 per day without regard to weekly hours. In addition, some col lective bargaining agreements specify overtime after 35 hours a week or even less, after 8 or fewer hours a day or on some other basis.3 Thus, the data on long hours presented here include some workers who are not on “overtime” despite exceeding 40 hours per week, while they exclude others who worked overtime, although their workweek was less than 40 hours. U se of overtime Even with the premiums for overtime specified in laws and union contracts, employers still use overtime hours to get out their product. Management uses over time to cope with “disequilibrium phenomena,” such as strikes, mechanical breakdowns, or bad weather. Also, because the cost per hour of hiring, training, and pro viding fringe benefits to addditional employees can ex ceed the cost per hour of premium pay, management sometimes orders overtime to meet increased demand, particularly of a temporary or short-term nature. Some 39 MONTHLY LABOR REVIEW May 1980 • Special Labor Force Reports— Summaries Table 2. Full-time wage and salary workers who worked long weeks and those who received premium pay by hours worked, May 1979 [Numbers in thousands] Hours worked Usual hours and premium pay Worked 41 Worked 41 Worked 49 Worked 60 to 48 to 59 hours or hours or hours more more hours Total worked 41 hours or more........ Received premium p a y ............ Percent receiving premium pay . 18,765 7,999 42.6 8,687 4,748 54.7 6,249 2,357 37.7 3,829 894 23.3 Usually worked 41 hours or more .. . Received premium p a y ............ Percent receiving premium pay . 12,895 4,152 32.2 4,630 1,979 42.7 4,859 1,485 30.6 3,404 687 20.2 Did not usually work 41 hours or more Received premium p a y ............ Percent receiving premium pay . 5,871 3,847 65.5 4,055 2,768 68.3 1,390 872 62.7 424 206 48.6 NOTE: Because of rounding, sums of individual items may not equal totals. economists think that rising fringe benefits have created a “fringe barrier” to new hirings by diminishing the rel ative cost of an overtime hour. They claim that the time-and-a-half premium is no longer a very strong de terrent to the use of overtime.4 However, a trend toward the increased use of over time is not obvious in the general data presented here. During May 1973-79, from 25 to 29 percent of full time wage and salary workers put in more than 40 hours a week, and at least 36 percent of those on long hours (and often about 42 percent) received premium pay. One in 10 full-time wage and salary workers put in more than 40 hours a week and received premium pay. Of the 18.8 million workers on extended schedules during the May 1979 reference week, 12.9 million were reported as regularly working 41 hours or more. Only one-third received premium pay, compared with twothirds of those who worked over 40 hours only occa sionally. (See table 2.) Whether or not a person routine ly worked long hours, the proportion earning premium pay for extra hours decreased as the number of hours worked increased. More than three-fifths of the workers who routinely worked long hours put in more than 48 hours and about half spread the work over more than 5 days. In contrast, only three-tenths of those who seldom worked long hours worked more than 48 hours during the reference week. Approximately 7.4 million workers in goods-producing industries and 11.4 million workers in service-pro ducing industries put in weeks of 41 hours or more in May 1979, nearly the same as the preceding year. Al though about the same proportion of workers were on long hours in goods production as in services (27.2 and 25.5 percent) workers in goods production were—as was the case in previous years—twice as likely to re ceive premium pay for long hours. (See table 3.) Within the service-producing sector, however, the proportion of workers who received premium pay for long hours ranged up to 50 percent or more in transportation and public utilities and Federal public administration. The latter group includes the postal service, in which 78 per cent of the employees on long hours received premiums. Agriculture is the anomaly among the goods-producing industries, with 53 percent of the workers putting in more than 40 hours but only 12 percent receiving a pre mium. Farmworkers are exempt from overtime provi sions of the Fair Labor Standards Act. Table. 3 Full-time wage and salary workers who worked long weeks and those who received premium pay, by industrial group, May 1973-M ay 1979 [In percent] Received premium pay Worked 41 hours or more Industrial group 1973 1974 1975 1976 1977 1978 1979 1973 1974 1975 1976 1977 1978 1979 All industries.................................................... 29.1 27.6 25.0 25.8 27.4 27.3 26.2 42.5 41.6 36.2 39.7 42.4 42.9 42.6 Goods producing........................................................ Agriculture.......................................................... Mining ................................................................ Construction........................................................ Manufacturing .................................................... Durable goods ............................................ Nondurable goods........................................ 30.0 54.6 38.4 23.0 30.1 31.3 28.3 27.7 54.7 41.7 21.8 27.3 28.7 25.1 23.4 55.9 36.6 20.9 21.5 20.6 22.8 26.6 56.8 34.1 21.4 25.7 25.3 26.4 28.6 53.1 34.5 23.9 28.0 28.7 27.1 28.0 47.4 40.9 22.3 27.7 28.6 26.2 27.2 52.6 34.8 21.2 26.9 27.8 25.4 63.9 7.9 65.8 56.6 69.9 73.7 63.4 60.5 10.4 64.8 53.1 66.7 70.3 60.4 53.7 11.6 57.5 52.2 59.9 62.6 56.1 60.4 13.4 57.4 52.6 67.3 69.5 64.1 62.0 10.9 64.5 55.9 68.4 70.4 65.2 61.1 14.0 65.6 55.1 66.7 70.0 60.9 61.5 12.2 65.0 54.9 68.0 71.0 62.5 Service producing ...................................................... Transportation ana public utilities.......................... Wholesale and retail trade.................................... Finance, insurance, and real estate ...................... Miscellaneous Services........................................ Professional1 .............................................. Other2 ........................................................ Public administration............................................ Federa ........................................................ Postal .................................................. Other Federal ...................................... State .......................................................... Local .......................................................... 28.5 27.1 39.3 21.7 26.2 23.4 34.4 17.1 15.0 20.4 12.1 15.8 21.4 27.4 26.2 37.1 20.4 25.9 23.5 33.1 17.0 13.5 12.9 13.8 14.7 23.9 26.0 23.3 35.9 21.6 24.0 22.0 30.6 15.5 11.4 9.0 12.4 14.3 21.7 25.4 24.1 35.7 20.5 22.7 20.6 29.2 15.5 13.4 16.7 11.9 11.4 20.3 26.6 26.2 36.6 22.2 23.7 21.6 30.6 16.6 14.8 18.1 13.4 11.1 21.6 26.9 28.7 35.8 21.8 24.3 22.5 29.9 16.7 15.2 21.3 12.6 12.1 21.1 25.5 28.7 34.2 20.8 22.6 20.7 28.5 15.6 14.4 18.2 12.9 9.4 20.0 27.3 53.6 27.5 16.2 18.8 15.3 25.8 36.9 58.1 68.2 49.1 24.0 18.1 28.9 53.2 30.0 21.2 19.9 16.4 27.7 34.8 57.3 59.1 56.6 16.5 19.5 26.9 48.4 28.3 19.8 18.8 16.5 24.4 35.9 53.1 ( 3) 46.6 11.2 30.3 26.6 44.1 28.5 18.4 19.0 16.4 24.6 37.5 58.8 76.4 48.0 17.9 23.2 29.6 51.1 31.0 19.3 22.0 18.5 29.8 36.2 53.0 78.3 38.4 18.9 25.5 31.3 49.8 32.0 21.3 24.0 20.4 32.0 43.4 58.7 80.8 43.3 31.0 32.7 30.3 49.9 31.8 20.5 21.6 18.2 29.0 40.9 52.4 78.4 37.4 42.5 30.1 11ncludes health, education, and welfare services. 2Includes forestry and fisheries, business and repair services, entertainment, personal ser- 40 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis vices, and private household workers. 3Percent not shown where base Is less than 75,000. Long hours in services down The incidence of long hours in the goods-producing industries was about the same as in the previous year, but lower than in May 1977. However, it remained well above the recessionary low of 1975. The proportion of long hours used by employers in the service sector has fallen to a level as low as anytime in the 7-year period. This may be due partly to the gradual removal of the Fair Labor Standards Act’s overtime exemptions for hotel, motel, and restaurant employees, which was com pleted in January 1979. This does not necessarily indi cate weakness of the economy. On the contrary, employers—expecting strong demand for their goods or services—may have been more likely than in recent years to hire additional employees, rather than work those on board overtime. State and local public administration bucked the trend of relatively little change in premium pay set by other industries. In State and local government, the proportion of workers on long hours receiving premium pay has shown a substantial increase during 1973-79. At the same time, the incidence of workers on long hours in State public administration has been decreas ing. Although white-collar and blue-collar employees are about equally apt to work long hours, the incidence of premium pay is much lower for white- than blue-collar workers. (See table 4.) Managers and administrators were among the most likely of all workers to put in long hours and the least likely to receive premium pay. Clerical workers were among the least likely to work long hours, but the proportion who received premium Table 4. Full-time wage and salary workers who worked 41 hours or more a week and those who received premium pay, by occupational group, May 1979 [Numbers in thousands] May 1979 Number Percent of full-time workers Percent received premium pay All occupations.............................. White collar.............................................. Professional and technical workers . . . Managers and administrators.............. Sales workers .................................. Clerical workers................................ 18,765 9,691 3,199 3,643 1,212 1,638 26.2 26.2 26.4 44.0 34.2 12.6 42.6 23.8 21.0 11.9 14.7 62.5 Blue collar................................................ Skilled trades.................................... Operatives, except transport.............. Transport equipment operatives.......... Laborers, except farm ........................ 7,325 3,286 2,140 1,195 704 27.2 30.1 22.2 40.4 20.7 70.9 67.0 84.7 56.2 71.6 Service workers........................................ Farm workers .......................................... 1,279 470 18.3 56.6 36.8 6.8 Production and nonsupervisory ’ ........ 11,393 22.7 60.1 Occupational group 1 All occupations except professional and technical, managerial and administrative, private household, and farmworkers. NOTE: Because of rounding, sums of individual items may not equal totals. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 5. Full-time wage and salary workers who worked long weeks and percent who received premium pay, by union status and occupation and industry group, May 1979 Occupational and industrial group Percent working 41 hours or more Percent working 41 hours or more who received premium pay Union1 Other Union1 Other Occupation.................... 20.0 28.9 69.1 34.6 White collar.............................. Blue collar................................ Service.................................... Farm........................................ 16.7 22.8 15.5 (2) 28.7 31.0 19.4 58.6 37.7 85.5 53.4 (2) 21.7 61.9 31.8 6.1 Industry ........................ 20.0 28.9 69.1 34.6 Goods producing ...................... Agriculture ........................ Mining .............................. Construction...................... Manufacturing.................... Service producing .................... Transportation, public utilities .......................... Trade................................ Miscellaneous services . . . . Public administration .......... 20.9 ( 2) 20.4 13.4 22.6 19.2 31.0 54.5 43.0 25.7 29.7 27.8 90.2 ( 2) (2) 80.7 91.4 49.3 50.0 11.8 57.4 47.0 56.4 25.6 25.5 22.3 16.6 14.4 32.5 36.0 24.0 16.5 70.7 76.7 16.2 58.4 30.6 27.7 22.4 28.8 1Member of a labor union or of an employee association similar to a union or working at a job covered by a union or employee association contract. 2Percent not shown where base is less than 75,000. pay was comparable to that among blue-collar workers. Transport equipment operatives were about as likely as managers and administrators to work long hours and were the least probable of all blue-collar employees to receive premium pay. A higher proportion of other op eratives received premium pay than any other occupa tion. The proportion of white-collar workers on long hours was lower in 1979 than in 1978, and had returned to a level as low as in any May in the preceding 6 years. Al though the work schedules of blue-collar workers tend to be more cyclically sensitive (probably because the in dustries where they concentrate are particularly sensi tive to business cycles) the number and percent of bluecollar workers on long weeks were about the same in May 1979 as 1 year earlier. About the same proportion of blue-collar workers received premium pay for long hours in 1979 as in 1973, while the proportion of whitecollar workers had risen slightly. The proportion of service workers on long hours dropped over the 1973-79 period, while the proportion receiving premium pay, though off from the May 1978 level, rose considerably over the May 1973 rate, from 25.7 to 36.8 percent. N egotiations by unions Workers covered by union contracts make up threetenths of the full-time wage and salary workers.5 In some cases, unions have negotiated shorter standard hours and higher overtime premiums than provided by law, as well as the right to a fair share of overtime and the right of individual workers to refuse overtime. Table 41 MONTHLY LABOR REVIEW May 1980 • Special Labor Force Reports— Summaries Table 6. Full-time wage and salary workers who worked long weeks and those who received premium pay, by selected characteristics, May 1979 [Numbers in thousands] Worked 41 hours or more Number Percent of full-time workers Number Percent of those who worked 41 hours or more 14,778 420 1,994 10,666 1,696 13,761 1,017 2,283 32.7 24.5 31.6 34.4 27.6 34.2 20.7 25.8 6,191 244 1,127 4,254 565 5,642 549 1,063 41.9 58.1 56.5 39.9 33.3 41.0 54.0 46.6 11,300 1,195 3,674 11,105 34.5 33.2 23.5 37.6 4,585 543 2,674 3,518 40.6 45.4 72.8 31.7 3,986 134 701 2,708 443 3,616 371 944 15.0 11.0 15.1 15.6 13.6 15.9 9.6 15.1 1,807 78 408 1,163 159 1,621 186 408 45.3 58.2 58.2 42.9 35.9 44.8 50.1 43.2 2,059 985 711 3,276 14.2 17.1 11.3 16.2 947 453 354 1,453 46.0 46.0 49.8 44.4 Characteristic M e n .............................. 16 to 19 years............ 20 to 24 years............ 25 to 54 years............ 55 years and over . . . . Race: White........................ Black and other ........ Marital status: Never married Married, spouse present. . . . Other............ Union status: Union1 .......... Other ............ Age: Women.......................... 16 to 19 years............ 20 to 24 years............ 25 to 54 years............ 55 years and over . . . . Race: White........................ Black and other ........ Marital status: Never married Married, spouse present. . . . Other............ Union status: Union' .......... Other ............ Age: Received premium pay 1Data include workers who either are members of a labor union or of an employee asso ciation similar to a union, or whose job is covered by a union or employee association con tract. NOTE: Because of rounding, sums of individual Items may not equal totals. 5 shows that the proportion of union workers on long hours was only two-thirds that for nonunion workers, while the proportion that received premium pay for long hours was twice as large. This relation pervades the major occupational and industrial groups, though the relative differences between the union and nonunion rates vary. The frequency of long hours among women is only half of that among men. (See table 6.) For those women who did work long hours, their workweeks were short relative to those of men; 58 percent of the men worked more than 48 hours compared to 39 percent of the wom en. A larger proportion of men than women regularly work long hours, as well. Women, however, were slightly more likely to receive premium pay than men. Married men worked long hours more frequently than men who were never married but with little difference from widowed, separated, or divorced men. Among women, long hours varied less with marital status. Black workers were much less likely than white workers to put in long workweeks. Among the full-time wage and salary workers, 28 percent of whites and 16 percent of blacks worked long hours in May 1979.6 However, 53 percent of the black workers earned premi um pay for their long hours, compared to 42 percent of the white workers. Disproportionately small numbers of 42 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis blacks work in professional, technical, or management occupations, where long hours are more common and premium pay less so. The differences in the incidence of premium pay between black and white workers was greater among men than women. Individuals 25 to 54 years old had the highest inci dence of long hours. However, the likelihood of receiv ing premium pay declines in successively older age categories, dropping from 58 percent for teenagers to 34 percent for persons 55 years and over. A factor in this is that many older workers have taken supervisory posi tions where premium pay provisions do not apply. Even when the worker may have the choice of accepting pre mium pay, the combination of higher income and pro gressive income tax schedules may make older workers more likely to take compensatory time off for long hours rather than premium pay. □ --------- F O O T N O T E S ---------1The Current Population Survey is a survey of households, number ing 56,000 in May 1979, which is conducted for the Bureau of Labor Statistics by the Bureau of the Census. A worker reported as receiving premium pay is one who answered “yes” to the question: Did . . . get a higher rate of pay, like time and a half or double time, for hours . . . worked over 40? Data on premium pay are not available for the 3.3 million wage and salary workers who held two or more jobs total ing 41 hours or more. For information on these workers, see Edward S. Sekscenski, “Women’s share of moonlighting nearly doubles during 1969-79,” M o n th ly L a b o r R ev ie w , this issue. Although the data presented here provide considerable information on the number and characteristics of workers on extended schedules and on their receipt of premium pay, they cannot measure with preci sion the number of overtime hours. For data from employer payroll records on overtime hours paid production workers in manufacturing, see E m p lo y m e n t a n d E a rn in g s (Bureau of Labor Statistics) monthly, table C -2 . 2M in im u m W a g e a n d M a x im u m H o u r s S ta n d a r d s U n d e r th e F a ir L a b o r S ta n d a r d s A c t (U.S. Department of Labor, Employment Stan dards Administration, 1978) p. 62. 3Workers in firms holding government contracts are covered by the Walsh-Healey Public Contracts Act (Public Law 74-846, June 30, 1936) or the Contract Work Hours and Safety Standards Act (Public Law 87-581, Aug. 13, 1962). The Federal Pay Act (U.S. Code, title 5, Ch. 61) applies to Federal workers. For more information on over time provisions in union contracts see C h a r a c te r istic s o f M a jo r C o lle c tiv e B a rg a in in g A g re e m e n ts , J u ly 1, 1976, Bulletin 1957 (Bureau of Labor Statistics, 1979), pp. 43-58. 4 For various views on this point, Ronald G. Ehrenberg, T h e S h o rtR u n E m p lo y m e n t D ecisio n a n d O v e r tim e B eh a vio r, Ph.D. dissertation, Northwestern University, 1970, or Joseph Garbarino, “Fringe Benefits and Overtime as Barriers to Expanding Employment,” I n d u s tr ia l a n d L a b o r R e la tio n s R ev ie w , April 1964, pp. 426-442, or Robert M. Mac Donald, “The Fringe Barrier Hypothesis and Overtime Behavior,” I n d u s tr ia l a n d L a b o r R e la tio n s R ev ie w , July 1966, pp. 562-569, and, most recently, Arthur R. Schwartz, T h e E ffe c ts o f B e n e fits a n d O v er tim e C o sts on th e S h o r t R u n C y c lic a l D e m a n d f o r L a b o r in th e A u to m o b ile I n d u s tr y in M ich ig a n , Ph.D. dissertation, the University of Michigan-Wayne State University, Ann Arbor, Michigan, January 1979. 5In this report, a union worker is defined as a member of a labor union or employee association similar to a union or a worker whose job is covered by a union or employee association contract. 6 “Black workers” refers to all workers who are not white. Accord ing to the 1970 Census of Population, black people make up about 89 percent of the “black and other” population. Research Summaries Tracking individual earnings mobility with the Current Population Survey F rancis W. H orvath The earnings of individual workers, matched in two consecutive May Current Population Surveys, increased more over the year ended in May 1978 than did earn ings averages for all wage and salary workers. While median hourly earnings rose 7.0 percent between May 1977 and May 1978, the corresponding median level of change across matched individuals was 9.1 percent. However, this and other findings in this report must be interpreted with caution due to several complications inherent in the formation of the sample and other re strictions outlined below. The data in this report are based on unweighted sam ple counts from a match of the Current Population Surveys (CPS) of May 1977 and May 1978. The CPS is a monthly cross-sectional sample which provides the basic national data on employment and unemployment. In May of each year, supplemental data have been col lected on usual weekly earnings, usual hours worked per week, as well as actual hourly earnings for those employed during the sample period.1 While the CPS earnings data refer to only one period covering the given reference week, it is possible to cre ate a year-to-year longitudinal subsample by virtue of the survey design. To minimize the reporting burden on the respondents in the survey, as well as to improve the reliability of estimates of change, households are rotated in and out of the sample in a predetermined pattern. Specifically, after a household address enters the sample in a given month, it remains in the sample during the next 3 months, is dropped for 8 months, and then re turned for a final 4 months. This rotation system, known as a “4 - 8 - 4 ”, provides for maximum overlaps of 75 percent in the month-to-month estimates, and 50 percent in the year-to-year sample2 That is, the quesFrancis W. Horvath is an economist in the Office of Current Employ ment Analysis, Bureau of Labor Statistics. Daniel Glazer of the same office created the matched file discussed in this study. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis a tions asked in May of one year will be asked (potential ly) a second time of one-half the households in the sam ple the following May. Using those households common to both May surveys, it is possible to obtain a subsample of persons containing information on all the questions asked in each survey. Thus, it becomes possible to track the flows of individual persons from one labor force and earnings status to another by comparing answers from the two surveys. Sample selectivity. The gap between the potential of the theoretical match and that actually achieved is very wide, however. Several biases are known to exist in the matched data which should temper any conclusions based on this source of data. Most significantly, it should be noted that the possibility of a year-to-year longitudinal match is a byproduct of the sample design. The CPS is a survey of households— persons living in those households are not the basic units of the sample design. Thus, if a person were to move out of a sur veyed household before the end of the sample period, and a new occupant were to move in, the new resident would be in the survey in all the subsequent survey months. The one who leaves is not followed and, thus, is “lost” to the sample. When the household address is “matched” with its previous information, its occupants will differ and, therefore, cannot be used in the longitu dinal sample. In the light of these considerations,* the matched sam ple is not a random sample of the population, and cannot be used appropriately by any statistical proce dure (such as ordinary least squares) which treats it as such.3 Every characteristic known to be positively asso ciated with mobility will be disproportionately “lost” in the matched sample. This includes characteristics such as age, race, and sex.4 The matched sampling process retains more of those persons who are older, white, and more likely to be women. This is shown in table 1, which displays the sample representation of the match used in this report by several demographic characteris tics. The most striking feature shown by the data in table 1 is the systematic loss of young persons by the match ing process. About 50 percent of the young persons 1643 MONTHLY LABOR REVIEW May 1980 • Research Summaries 24 years of age in May 1977 are not matched in the next year. In addition, there appears to be a slightly greater loss of blacks and others than whites, and a slightly higher retention of women than men in the matched sample. In addition to the loss of movers, the matched sam ple is incomplete for other reasons. Information is miss ing for persons who died and there is no way of separating them from those who moved. Response and coding errors may also present a problem. If the re spondent changes some answers on which the match is keyed (such as race or age), he or she may not be treat ed as a match. Any incorrectly recorded or coded infor mation in either year can cause identical persons to be rejected by the matching procedure. Another problem with the sample is that the data are not inflated to population estimates using the weights assigned to persons in the CPS. In any month, the weights used to inflate the raw sample counts are based on the answers received in that particular sample month. This implies that the two separate weights for 1977 and 1978 need not necessarily be equal. While some average of the two weights could be defined, this procedure would not have a reliable statistical founda tion. Wage change selectivity. Another layer of selectivity is imposed on wage change comparisons by the restriction that persons remain in the employed labor force for both periods. Questions on usual weekly earnings and actual hourly earnings are asked only of those persons who were employed in the reference week, excluding the self-employed and unpaid family workers. Obviously, to compute any measure of change in average hourly earn ings or usual weekly earnings, it is necessary to have Table 1. Sample representation by selected demographic characteristics Total In match Not in match1 Match as a percent of total potential match Total.................... 55,062 36,811 18,251 66.8 MEN 16 to 24 years ................ 25 to 64 years ................ 65 years and over .......... 5,966 16,491 3,266 2,886 11,590 2,500 3,080 4,901 766 48.4 69.7 76.5 WOMEN 16 to 24 ye ars................ 25 to 64 ye ars................ 65 years and over .......... 6,488 18,281 4,570 3,085 13,243 3,507 3,403 5,038 1,063 47.5 72.4 76.7 White m e n ...................... White women.................. 22,899 25,776 15,302 17,554 7,597 8,222 66.8 68.1 Black and other men . . . . Black and other women .. 2,824 3,523 1,674 2,241 1,150 1,282 59.3 63.2 Characteristic 1These persons were in rotation groups 1- 4 in May 1977, and therefore, in the potential match, but were not surveyed again in May 1978. 44 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis i observations for both years. Because the wage change sample is limited to employed persons who responded to the questions in both years with dollar amounts, it is even less representative of the population. At this level, groups with high probabilities of leaving employment are lost, as well as those who are unable or choose not to answer the earnings questions in both reference peri ods. For example, 59 percent of 2,824 black and other men were matched in 1978, but only 19 percent were employed in both years and provided sufficient informa tion to compute a change in average hourly earnings. Despite these caveats, the underlying earnings mobili ty data are interesting in their own right. This data base contains more observations than most special-purpose longitudinal surveys and, thus, permits a range of dy namic analysis. Annual flows. Table 2 shows the employment status and hourly earnings level for those reporting hourly pay in May 1977 and May 1978. In addition to those in the earnings match, the table includes the complete distri bution for all persons in rotation groups 1-4 in May 1977 and those in rotation groups 5-8 in May 1978. With the level of detail shown here, it is possible to trace the changes in actual hourly earnings and labor force categories within fairly small wage brackets over the course of the 2-year period. For example, reading across the row marked “$2.30,” which was the minimum wage in the first year, 505 matched persons were employed and paid by the hour again in May 1978; 107 worked at the new minimum wage of $2.65; 32 of the 505 became the unemployed in the second year and 101 dropped out of the labor force. Three hundred and forty of those employed at the mini mum wage in May 1977 could not be followed in May 1978. Examination of the “unemployed” and “not in the la bor force” categories crossed by previous year’s earn ings yields some interesting findings. Persons leaving employment and becoming unemployed tend to have higher wages than those employed persons who leave the labor force. Similarly, persons entering employment who were unemployed in the first year seem to have higher 1978 earnings levels than those who enter em ployment from outside the labor force. It seems that low-wage workers are more likely to move into and out of the labor force than higher wage persons, who typi cally are looking for work if not employed. Several comments can be made about those not responding to the earnings questions in both years. If nonresponse is concentrated in particular demographic or earnings groups, it could complicate wage change comparisons. For example, 17 percent of black and oth er men who respond to the actual hourly earnings ques tions in the first year and should respond in the Table 2. Labor force status and actual hourly earnings of individuals, May 1977 and May 1978 [Unweighted sample counts from CPS longitudinal match] Employed in May 1978 Characteristic All in match . . . . Employed in May 1977, total ........................ Paid by the hour, .. total1 .............. $0.01 -2.29 . . 2.30 .......... 2.31 -3.99 . . 4.00-5.99 . . 6.00-7.99 . . 8.00-9.99 . . 10.00 and over Not paid by hour2 . Unemployed in May 1977 ...................... Not in labor force in May 1977 ...................... Not surveyed in May 19774 .................... All in match Paid by the hour Total1 $.01 2.29 $2.30 $2.31 2.64 $2.65 $2.653.99 $4.005.99 $6.007.99 $8.009.99 $10.00 and over Total 36,811 21,155 9,289 256 53 228 703 2,300 1,982 1,365 630 304 11,866 945 14,711 21,184 18,963 8,028 184 30 159 462 1,837 1,823 1,312 609 291 10,935 462 1,759 10,778 9,475 506 505 3,136 2,046 1,375 438 251 11,709 8,322 369 372 2,656 1,892 1,306 413 230 10,641 6,584 298 298 2,131 1,502 1,088 326 174 1,444 149 103 14 25 26 14 7 3 132 24 22 66 2 1 1 372 65 107 171 2 1,544 48 99 1,215 60 9 1,105 527 2 238 35 4 27 90 2 293 1,495 9 10 388 896 49 7 3 328 37 332 616 21 5 207 6 31 243 194 8 82 1 2 1 22 56 137 53 1,738 71 74 525 390 218 87 56 9,197 312 25 32 111 50 28 12 12 150 841 112 101 369 104 41 13 9 918 5,361 354 340 2,112 1,102 580 141 94 5,417 1,159 578 379 11 1 13 49 133 76 24 12 6 199 205 376 1,094 6,379 14,468 1 1,614 882 61 22 56 192 330 83 29 9 7 732 278 12,576 10,374 5,133 210 23 158 585 1,491 1,118 591 244 132 5,241 857 5,400 11ncludes those paid by the hour but not reporting a dollar amount. includes all those not paid by the hour, those not answering, and those not asked the question. 3There were 18,251 persons in rotation groups 1 - 4 in May 1977 who were not matched second did not, compared with only 12 percent of the white men in similar circumstances. Nonresponse in the second year tends to rise slightly at higher 1977 earn ings levels. Earnings mobility. The most striking feature of the earn ings change data is that, for those matched, the percentage change in each measure of earnings is large. The median percentage increase in earnings per hour for individuals paid by the hour was 9.6 percent, usual weekly earnings were up by 9.1 percent, and average hourly earnings rose by 9.4 percent. By comparison, from May 1977 to May 1978, median hourly earnings for all wage and salary workers increased 7 percent. The differences in the results between the matched sample and the two individual May surveys may be re lated to work experience. If labor force experience does indeed produce higher earnings levels, those workers common to both periods are most likely to have in creased their level of experience by 1 year.5 This is not true of the two separate earnings distributions. These figures are based not only on those employed in both periods, but also on the relationships between levels of wages and flows of persons entering and leaving em ployment. The differences between the aggregates and the individual change measures might be more pro nounced the greater the volume of employment turn over in the group. Table 3 describes the percent change in actual hourly earnings, average hourly earnings, and usual weekly earnnings by selected demographic characteristics. In https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Not in Not sur Unem labor veyed in Not paid ployed in force, May by May 1978 May 1978 19783 hour2 with May 1978 information. 4There were 16,631 persons in rotation groups 5 -8 in May 1978 who could not be matched with May 1977 information. addition, the table lists the 1978 status of all persons employed during May 1977, so that the various layers of selectivity may be seen in perspective. The percentage change in earnings for all three mea sures tends to be highest for those groups with the greatest flows out of employment. For example, while young women age 16-24 employed and paid by the hour in both periods increased their actual hourly earn ings by 14.7 percent, the percentage of young women employed in both periods was among the smallest, 78.6 percent. Among employed white men, 92.9 percent were employed the following May, and those answering actu al earnings questions in both surveys showed an in crease of 9.2 percent. For white women, only 84.8 percent were employed again the following May, but those answering both actual hourly earnings questions had a slightly higher increase, 10.1 percent. It should be noted that the groups with the highest percentage changes in the earnings measures typically begin from a low base. For example, persons earning the minimum wage in both May 1977 and May 1978 moved from $2.30 an hour to $2.65. This small absolute increase of 35 cents becomes a large relative increase of 15.2 percent when related to the $2.30 base. Average hourly earnings (usual weekly earnings di vided by usual hours worked) rose at about the same rate as actual hourly earnings, Again, prime workingage men showed the smallest increases, and those groups not strongly attached to the labor force showed the largest changes. The representation of the sample runs at about one-third of those surveyed in May of 45 MONTHLY LABOR REVIEW May 1980 • Research Summaries Table 3. Tracking individuals employed in May 1977 and May 1978 Men Characteristic Women White Black and other Age 16-24 Age 25-64 Age 65 and over Total White Black and other Age 16-24 Age 25-64 Age 65 and over Employed in May 1977 .................................................... Not in match............................................................ In match.................................................................. 31,962 10,778 21,184 17,026 5,601 11,425 1,726 675 1,051 3,771 2,013 1,758 14,771 4,135 10,162 684 128 556 11,654 3,968 7,686 1,556 534 1,022 3,255 1,735 1,520 9,594 2,681 6,913 361 86 275 Not in labor force In 1978 .......................................... Unemployed in 1978 ................................................ Employed in 1978 .................................................... Number reporting actual hourly earmings in both years............................................................ Percent change in actual hourly earnings' .......... Number with average hourly earnings in both years............................................................ Percent change in average hourly earnings'........ Number reporting usual weekly earnings in both years............................................................ Percent change in usual weekly earnings' .......... 1,759 462 18,963 589 224 10,612 67 34 950 193 84 1,481 307 168 9,687 156 6 394 1,001 170 6,515 102 34 886 252 74 1,194 774 127 6,012 77 3 195 5,137 9.6 2,616 9.2 274 10.9 625 15.0 2,215 8.6 50 7.9 1,979 10.1 268 9.4 480 14.7 1,716 9.3 51 7.0 11,516 9.4 6,081 8.9 579 8.6 1,038 8.6 5,576 15.7 122 8.3 4,293 10.1 616 9.7 901 14.0 3,901 9.4 107 10.2 11,571 9.1 6,106 8.5 585 8.5 9,663 18.0 5,600 7.8 125 3.6 4,256 10.2 624 8.9 855 16.7 3,917 9.2 108 2.4 'Data are median percent changes based on individuals in the respective percent change universe. 1977 for most groups, although somewhat lower for very young and older workers. Usual weekly earnings followed the same general pat tern as actual and average hourly earnings. Percent changes were highest for young men and women, both groups which are likely to get “lost” in the matching process. Usual weekly earnings were higher for white women than white men, which may reflect, in part, a greater increase in hours worked for women. Sample followup was slightly more than one-third of those employed in May 1977 for most groups. □ --------- F O O T N O T E S ---------' See W e e k ly a n d h o u rly e a rn in g s d a ta f r o m th e C u r r e n t P o p u la tio n Special Labor Force Report 195 (Bureau of Labor Statistics, 1977), for a more complete discussion of this source of data. May 1978 was the last year in which these items were collected for the full sample. Beginning in Odtober 1978, earnings questions were asked of persons in the two outgoing rotation groups each month and will be published quarterly. These new data will not be strictly comparable to previous earnings information. 2See T h e C u r r e n t P o p u la tio n S u rv e y, D e sig n a n d M e th o d o lo g y , Tech nical Paper No. 40 (Bureau of the Census, 1978), for a complete de scription of the survey design. 3See G. S. Maddala, “Self Selectivity Problems in Econometric Models,” in P. Krishniah, ed., A p p lic a tio n s o f S ta tis tic s (Amsterdam, North Holland Publishing Co., 1977). 4The percentage of persons who change their household each year in the United States has been relatively constant at about 20 percent since the question of previous residence was first asked. However, mo bility varies sharply by several demographic characteristics most nota bly by age as shown below in the most recent 1-year mobility figures from the March 1976 Current Population Survey: 3 0 -3 4 3 5 -4 4 4 5 -5 4 5 5 -6 4 65 and . . . . . . .. . . . . over B la c k ................................................................................ W h ite ................................................................................ M e n .................................................................................. W om en............................................................................. 20.3 13.4 8.4 7.0 5.6 18.0 17.0 17.5 16.8 5 There are only two discrete observation points and the amount of work experience between these two points cannot be determined. The extent of alcoholism among Air Force employees S u rv e y, P e r c e n t c h a n g e d h o u se h o ld s in y e a r e n d e d M a r c h 1 9 7 6 T o t a l ...................................................................... Age groups: 15-19 ..................................................................... 2 0 -2 4 ..................................................................... 2 5 -2 9 ...................................................................... 46 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 17.1 16.1 38.0 32.6 T. Roger Manley , C harles W. Mc N ichols, and M ichael J. Stahl An extensive survey of Air Force civilian employees re veals that almost 7 percent are problem drinkers.1But a conservative classification scheme as well as voluntary participation in the 1978 survey, the first of its type among Federal employees, suggests that the number of problem drinkers may be substantially understated. We administered questionaires to 13,146 U.S. Air Force civilian employees during October-November 1978, of which 9,939 responded. The results showed that 6.9 percent of these respondents experienced some T. Roger Manley is a professor of management and organizational psychology and Director of the Center for Government Studies at the Florida Institute of Technology, Melbourne, Florida. Charles W. McNichols is an associate professor of management at the Air Force Institute of Technology, Wright-Patterson Air Force Base, Ohio. Mi chael J. Stahl is an associate professor of management at Clemson University, Clemson, South Carolina. impairment of their job performance because of drink ing. The overall toll on productivity due to missed days, working at lower levels of efficiency, and irregular hours was computed to be .359 day per person during 1978. Table 2. Workers reporting alcohol-related consequences during year [In percent] Consequence1 Never Received disciplinary action................................ Received lower performance rating .................... Illness kept me from work for a week or more . . . Hospitalized for 2 or more d ays.......................... Visited a physician two or more times.................. Had an accident causing self-injury .................... Had an accident causing injury/property damage . Spouse left because of drinking.......................... Spouse threatened to leave but did not................ Arrested for drunken driving................................ Arrested for non-driving offense.......................... Spent time in ja il................................................ Got into fight(s).................................................. 98.4 98.2 97.4 97.9 97.7 97.4 97.1 98.5 87.4 94.4 93.0 95.8 93.9 The results Table 1 presents a summary of responses to survey items used to establish physical dependence on alcohol. To ensure that respondents understood the wording of the symptom describing tremors (“shakes”)* two dif ferently worded items were used. A positive response to either or both was counted as one symptom of physical dependence. According to our criteria, 1.1 percent of the respondents were physically dependent upon alcohol. The 13 serious consequences related to drinking, as shown in table 2, cover an individual’s worklife, physi cal health, and social/family life. They suggest that family life might be the part of the individual’s life which is most severely or frequently affected, or both. In computing lost working time associated with alco hol consumption, one quarter of a day lost was counted for each reported instance of working at a lower level of performance, being “high” at work, or arriving late or leaving early. It is of interest to note that 11 percent of the employees worked at a lower level of performance because of drinking; 5.5 percent missed at least 1 entire day; 5 percent arrived late or left early; and 6 percent were “high” at work on at least one occasion. We con servatively estimated that an average of .359 days per employee was lost last year because of drinking. (See ta ble 3.) Our figures show that 20 percent of the respondents abstained from using alcohol during the preceding year, 52 percent consumed up to 1 ounce of ethanol (pure al cohol) per day, 8 percent consumed between 1 and 2 ounces per day, 6 percent consumed between 2 and 5 ounces per day, and 1 percent reported consuming over 5 ounces of pure alcohol per day.2 Psychological dependence In addition to symptoms of physical dependence, the survey contained six questions which were found to 0.8 0.8 1.3 1.7 1.9 1.8 2.2 0.7 7.8 4.4 5.6 3.4 4.1 0.8 1.0 1.3 0.4 0.4 0.8 0.7 0.8 4.8 1.1 1.4 0.8 2.0 1All incidents were specified as caused by or related to alcohol consumption and occur ring during the past year. provide an effective overall measure of psychological de pendence. By using factor analysis, we determined that the six questions measured a single underlying phenomenon (accounting for 62 percent of the variance in the re sponses) and could be summed with unit weights to provide a single overall measure of psychological depen dence. Scores ranged from the lowest possible, 6, to the highest possible, 30. The mean score for all respondents was 8.33, with a standard deviation of 3.32. The mean score for respondents classified as physically dependent was 14.38, and 12.05 for those classified as adversely af fected. We conducted a number of tests to compare the psy chological dependence scores of respondents according to various parameters. We found that respondents who scored high on psychological dependence were more likely to report more symptoms of physical dependence than other employees; more adversive effects related to drinking; higher scores on an intoxication index; more days lost from work because of drinking; and, higher consumption of alcohol. These and other findings sug gest that psychological dependence, as measured by the six survey items, can be an effective discriminator for al cohol-related problems. Work and alcohol-related problems Table 1. Workers reporting symptoms of alcohol dependence during year [In percent] Symptom Never Has happened, but not in past year 1-11 days per year One or more days per month Tremors (“ shakes") . Tremors (morning shakes) .............. Morning drinking . . . . Memory loss (blackouts).......... Loss of control........ 92.1 4.0 2.7 1.2 91.5 93.2 3.8 3.2 3.6 2.3 1.1 1.3 86.5 91.3 7.9 4.0 4.5 4.5 1.1 1.1 NOTE: Item wording for all symptoms was specified as being related to drinking. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Happened, Happened once or more in but not in past year past year Although some notice has been taken of alcohol problems vis-a-vis job satisfaction and work involve ment or leisure activities, the literature remains some what sparse and inconclusive. However, the little that can be found suggests that individuals with drinking problems tend to be somewhat compulsive about their work and uncomfortable with leisure time.3 Nevertheless, our study of alcohol-related variables and variables dealing with work suggests that individu als with drinking problems may not be so compulsive about their work, nor do they enjoy it. 47 MONTHLY LABOR REVIEW May 1980 • Research Summaries Executive stress as a cause of alcoholism and various other stress-related diseases have recently received a good bit of attention in the press.4 Examination of stress scores (the sum of responses to a six-item measure of overall stress) and alcohol-related variables, such as ad verse consequences, suggests individuals with low and high stress scores are more apt to report having experi enced adverse consequences than are respondents who report some moderate level of stress. Interestingly, these data seem to support theory in preventive medicine as well as the observations of stress management special ists.5 Alcoholism and alcohol-related problems were elevat ed to a status requiring official notice and concern by Federal agencies with the passage of the Comprehensive Alcohol Abuse and Alcoholism Prevention, Treatment, and Rehabilitation Act of 1970. This law directed that the Civil Service Commission and the Secretary of Health, Education, and Welfare make certain that all Federal agencies and departments develop and maintain appropriate prevention, treatment, and rehabilitation programs and services for Federal employees. Similar legislation has been passed by a number of State legisla tures. As highlighted by a 1977 GAO report6 and later by the HEW Secretary, alcoholism and problems associat ed with alcohol deserve national concern.7 Although some dimensions of the problem have been estimated and can be found in sources such as the HEW report to the Congress, until now virtually no scientifically designed epidemiological research has been conducted among public sector employees. Some indication of the belatedness of public sector employer interest in this area can be gained by noting that of the 2,400 U.S. em ployers with occupational alcoholism programs in 1977, only 400 were in the public sector, and most of these were of relatively recent vintage. Sample randomly selected Our survey sample was randomly selected and strati fied by grade. Questionnaires were administered in two Table 3. drinking Workers reporting lost working time due to [In percent] Item Missed an entire workday.................. Worked at lower level of performance than normal2 ................................ Arrived late or left early .................... Was “high” at work .......................... Days lo s t.......................................... Occurrences resulting in 3 lost days or more Estimated days lost per person1 5.5 1.9 .161 days 11.4 5.0 6.0 - 5.1 2.2 1.9 4.3 .118 .047 .066 .359 Any occurrence 10ne occurrence counted as the loss of 25 percent of a workday. 2Counted only to the extent that days “ high on duty” exceeds days of "lower perfor mance than normal” for that person (to avoid possible double counting). 48 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ways: respondents were requested to report to a central location to fill out the survey instrument, or they were mailed a questionnaire at their work locations. Comple tion of the questionnaire was voluntary and all respon dents were guaranteed anonymity. Instructions ac companying the survey emphasized that the researchers from the Air Force Institute of Technology would be the only individuals who would have access to decoded answer sheets. Of the 9,939 Air Force employees responding, 3,098 did so by mail and 6,841 in groups. The response rates were: overall, 75.6 percent; group-administered, 78.4 percent; and mail-administered, 70.2 percent. We do not know what proportion of nonrespondents to mailadministered surveys actually received questionnaires. Of the 21.6 percent nonrespondents to group adminis tration, 1.7 percent refused to participate. The remain ing 19.9 percent were notified, but did not show up at the scheduled time. We emphasize the 24.4-percent nonresponse rate be cause we consider it critical. As suggested by other re searchers, we recognize that a disproportionate number of individuals with drinking problems were probably among the 3,207 nonrespondents. As a result, we con sider the data to represent a “lower-bound” or overly optimistic assessment of the extent to which alcoholism and alcohol-related problems exist among Air Force employees.8 The typical respondent was a 43-year-old white male who was married, had two dependents, was a high school graduate, and whose supervisor was also a civil ian. Thirty-six percent of the respondents were women (average age 35 years) and 25 percent, minority group members. The distribution of respondents according to standard organizational and personal variables closely matched those of the overall Air Force civilian work force. Overseas employees, because of ground rules established to protect respondent anonymity, were un derrepresented. The questionnaire In constructing the questionnaire,9 we attempt to fo cus on two aspects of alcohol-related problems: addiction/physical dependence upon alcohol and serious consequences associated with the consumption of it. Re spondents who placed themselves in the first (and more serious) category we call alcohol dependent. Respon dents who report having experienced one or more seri ous consequences we call adversely affected. More formal definitions are: Alcohol dependent: An individual who exhibits observable, chronic behavioral problems which imply physical depen dence on alcohol or physical impairment akin to depen dence. Adversely ' affected: An individual who experiences one or more serious consequences, whose average daily intake of alcohol is at a “high risk” level (that is, a volume at which damage to the liver can be presumed to occur), or who loses 3 or more work days because of drinking. In performing the calculus to identify respondents to be placed in each category, we relied on self-reports of having experienced two or more of four physical depen dence symptoms at least once a month over the past 12 months to establish alcohol dependence. A respondent who was adversely affected experienced one of 13 seri ous consequences at least once during the past year; consumed 5 or more ounces of pure alcohol daily; or missed at least three working days. Survey items measuring alcohol consumption includ ed consideration of the type of beverages consumed during the past 30 days, the frequency of drinking dur ing the past 30 days and the past year, and the volume of alcohol consumed during the past 30 days and the past year. Items measuring productivity loss (days lost from work) included consideration of time lost because an individual was sick, “high” on the job, hung over, absent, or arrived late or left work early. Also included in the 109-item questionnaire were measures of psychological dependence, stress/tension, work involvement, and job satisfaction. In addition, we included standard demographic variables which had been identified as meaningful in other alcoholism stud ies. We believe that our data mark the first time that a large-scale research effort has been conducted on the subject of alcoholism and alcohol-related problems among Federal employees. The often used approximation of 6 percent of the Federal employee work force having drinking problems is clearly ultra-conservative. Although we made use of self-reports (which notoriously understate quantity and symptomatic reports) and a version of the very conser vative Rand classification scheme, almost 7 percent of the population was still identified as having significant drinking problems. The data also clearly show that mis use of alcohol costs the employer in terms of absentee ism, lowered efficiency, employee sick time, and on-thejob accidents which cause injuries and damage proper ty. Alcohol costs the individual in terms of illness, im paired functioning, decreased personal control, and strained interpersonal relations. The fact that marriages and families suffer is also clearly indicated by the data. Correlated with problem drinking are decreased job sat isfaction and work involvement, and increased stress and psychological dependence. In many respects, employee alcoholism and alcoholrelated problems have been like the weather: “Everyone talks about it but. . .” A law dealing with alcoholism https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis among Federal employees has been in effect for almost a decade, and recent research suggests that alcoholism among women and teenagers is gaining in intensity; yet little organizational energy and resources are devoted to efforts to solve the problem, which costs so dearly in human suffering and lost productivity. While there can be no doubt that the medical model of alcoholism as a disease holds for the alcoholic who is physically dependent on alcohol, it is also true that for many, alcoholism results from a progressive sequence of events (often easily observable by members of the fami ly, friends, supervisors, and by the potential alcoholics themselves). Identification and treatment programs, if they are programs in more than name, can identify indi viduals with problems and offer treatment to potential alcoholics on a voluntary basis. For relatively modest investments in occupational alcoholism programs, orga nizations can realize significant returns on previous in vestments in their human resources. These returns equate to higher productivity, a heightened quality of life, and responsible organizational citizenship. [—j ------- FOOTNOTES------' The research described in this report was initiated at the request of the U.S. Air Force Director of Civilian Personnel who, in attempting to comply with the Comprehensive Alcohol Abuse and Alcoholism Act of 1970, determined that a scientifically designed re search effort was needed to estimate the prevalence of alcohol-related problems and the consequences of those problems among USAF civil ian employees. 2Note that 5 ounces of alcohol would be the equivalent of 12.5 one-ounce shots of 80 proof whiskey or 8.3 twelve-ounce cans of 5 percent beer. 3C. Berg and J. Neulinger, “Alcoholic’s Perception of Leisure,” Journal of Studies on Alcohol, 36:1196-1207, September 1974. 4 “Executive Stress May Not Be All Bad,” Business Week, April 1979, pp. 96-103. 5“Executive Stress.” Also, see H. Selye, The Stress of Life (New York: McGraw-Hill, 1956, p. 87). Selye has studied the effects of physiological stress for several decades and has postulated a model of the individual’s response to stress which appears to be supported by these data. 6 “Most Agency Programs for Employees with Alcohol-Related Problems Still Ineffective,” U.S. General Accounting Office, Washing ton D.C., HRD-77-75, September 1977. 7Third Special Report to the U.S. Congress on Alcohol and Health from the Secretary of Health, Education, and Welfare, National Clear inghouse for Alcohol Information, Rockville, Maryland. 8J. M. Polich and B. R. Orvis, Prevalence of Alcoholism and Alcohol Abuse in the Air Force, Rand Corporation, Santa Monica, California, 1979, in press. 9 H. A. Mulford, “Iowa Alcoholic Intake Schedule, Model 4,” The University of Iowa College of Medicine, Alcohol Studies Division. Also see, D. Cahalan, Problem Drinkers (San Francisco: Jossey-Bass, Inc., 1979), and D. Cahalan and R. Room, Problem Drinking Among American Men (New Haven, College and University Press, 1974), and J. M. Polich and B. R. Orvis, Alcohol Problems: Patterns and Preva lence in the U.S. Air Force, Project Rand Report R-2308-AF, Rand Corporation, Santa Monica, June 1979. 49 Foreign Labor Developments U.S. rejoins ILO: the agenda for 1980’s stresses human rights T a d d L in s e n m a y e r The 66th session of the International Labor Conference will convene in Geneva, Switzerland early next month. An official tripartite U.S. delegation will participate in this annual International Labor Organization gathering for the first time since 1977,1 when the United States withdrew from that organization. The conference will take up a number of crucial labor issues involving working conditions and human rights, issues that are likely to represent a major part of the work of the ILO during the 1980’s. U .S. withdrawal The historical relationship of the United States with the ILO has been marked by periods of warm support followed by disillusionment. Although Samuel Gompers chaired the committee that drafted the original ILO charter in 1919 (as part of the Treaty of Versailles), the United States did not join the organization until 1934. During World War II, when the League of Nations withered, the United States strongly supported the ILO’s continued existence and hosted the historic 1944 conference that adopted the Declaration of Philadelphia, setting forth the organiza tion’s principles and purposes. The 1970’s, however, saw U.S. support for the ILO decay and eventually break over a number of serious is sues. Beginning in 1970, the U.S. Congress voted to with hold its contribution to the ILO budget (25 percent of the total), citing its concern with growing Soviet influ ence and the nonobservance of fundamental ILO princi ples and procedures. U.S. funds were restored in 1973, but the resumption of U.S. support was followed short ly by even sharper U.S. complaints about misdirected ILO activities. In 1975, following a decision by the ILO conference to grant observer status to the Palestine Liberation Or ganization, Secretary of State Henry Kissinger formally Tadd Linsenmayer is Assistant Director, Office of International Orga nizations and Technical Assistance, Bureau of International Labor Affairs, U.S. Department of Labor. 50 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis notified the ILO’s Director General that the United States would withdraw from the organization in 1977 unless progress was made on the following four issues of major U.S. concern: 1. Erosion of tripartism. U.S. concern was triggered by ef forts of some ILO members to impose restrictions on the independence of worker and employer delegates to ILO meetings. 2. Selective concern for human rights. Although ILO ma chinery for investigating violations of ILO human rights standards worked well in most cases, one group of countries—principally the Communist states of Eastern Eu rope—successfully used political influence to gain relative immunity from the application of that machinery. 3. Violation o f due process. The ILO’s human rights machin ery protects the rights of accused governments by requiring an objective investigation of the facts. But in some cases, this due process right was ignored by conference partici pants who adopted politically inspired condemnatory reso lutions. 4. Politicization of ILO meetings. In far too many cases, delegates to ILO meetings introduced political issues which were totally extraneous to the work of the ILO and which detracted from the organization’s legitimate responsibilities. Because the ILO failed, in the U.S. view, to make sat isfactory progress on these issues in the intervening 2 years, President Carter ordered U.S. withdrawal from the ILO in November 1977. Recent progress Following U.S. withdrawal, a majority of ILO dele gates— governments, workers, and employers— success fully joined together to promote a number of important reforms. The 1979 conference, for example, adopted a new procedure permitting voting by secret ballot to protect the independence of worker and employer dele gates.2 In November 1978, the ILO Governing Body censured Czechoslovakia for violating ILO standards concerning discrimination in employment. More recent ly, the Governing Body has initiated investigations into alleged violations of trade union rights in the Soviet Union and Poland. The principle of due process was strengthened by the decision of the 1978 Conference to reject a proposal to extend the life of a 1974 resolution criticizing Israel without benefit of any investigation. A special working party of the ILO is currently giving serious consider ation to a new procedure to screen out future resolu tions violating due process principles. Finally, the level of debate in ILO meetings on extraneous political issues has significantly diminished. A special U.S. Cabinet-level committee on the ILO— chaired by Secretary of Labor Ray Marshall and in cluding Secretary of State Cyrus Vance, the Secretary of Commerce (Juanita Kreps, Philip Klutznick), National Security Adviser Zbigniew Brzezinski, the A FL-CIO President (George Meany, Lane Kirkland), and Dr. Da vid Grove, President of the U.S. Council of the Interna tional Chamber of Commerce—carefully examined these and other developments during the summer of 1979. The committee concluded that although not all of the issues of concern to the United States had been ful ly resolved, the ILO had made significant progress. Moreover, the committee agreed that continued prog ress in reaching the fundamental goals of the ILO was now more likely if the United States resumed active membership. As a result of this review, the committee unanimously recommended to the President that the United States rejoin the ILO. Acting on this recommendation, Presi dent Carter announced the U.S. return, effective Febru ary 18, 1980. 1980 conference issues The significance of the U.S. return can be measured by, among other things, its potential contribution to ILO technical programs, starting with an active U.S. presence during the June 1980 conference. That confer ence will consider the issues that will underlie the major ILO programs during the 1980’s. The conference has four major technical issues on its agenda: older workers; equal opportunities and equal treatment for men and women workers; safety and health in the working environment; and promotion of collective bargaining. Significantly, all four issues involve aspects of human rights. For older workers and women, job discrimina tion continues to represent a serious concern. Some ob servers also feel that certain early ILO conventions, designed initially to protect women workers, resulted instead in promoting a system of discriminatory labor https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis standards, which actually limited the employment op portunities of women workers. The question of occupational safety and health also involves serious moral and human rights aspects. The ILO constitution and other international accords recog nize that workers must be protected on the job as a matter of right, not privilege. Moreover, an increasing number of governments and worker organizations are expressing concern that countries which refuse to ade quately protect workers’ health may be reaping—at workers’ expense— an unwarranted competitive advan tage over countries which provide adequate worker pro tection. Collective bargaining remains an important and recognized human right, one which is all too frequently compromised in the name of economic development. Other important issues will also be considered by the 1980 conference. The committee which supervises the application of ratified ILO labor standards, for example, will consider whether to modify or, as some govern ments have proposed, eliminate entirely the so-called “special list” and “special paragraphs.” These devices allow the conference to highlight flagrant violations of workers’ human rights. The majority of delegates will likely favor retention of these important tools. A committee on structure will consider proposals to modify the organization of the ILO, including the size and composition of the Governing Body. Another com mittee will examine any resolutions submitted by con ference delegates. The results of this conference will provide important indications of the ability of the ILO to tackle those seri ous technical issues for which it has a unique compe tence. A successful conference could well mark the start, after the troubled 1970’s, of a new decade of achievement for the ILO. □ ------ F O O T N O T E S ------' Delegations to ILO conferences include independent representa tion from governments, as well as worker and employer organizations. 2See “Highlights of the 1979 ILO conference,” M o n th ly L a b o r R e view, October 1979, pp. 65-67. 51 M ajor Agreements Expiring Next M onth This list of collective bargaining agreements expiring in June is based on contracts on file in the Bu reau’s Office of Wages and Industrial Relations. The list includes agreements covering 1,000 workers or more. E m p lo y e r a n d lo c a tio n I n d u s tr y A c m e M a r k e ts , In c . ( P e n n s y l v a n i a ) ................................................................ A llis -C h a lm e rs C o rp . ( P e n n s y l v a n i a ) ...................................................................... A lu m in u m C o . o f A m e ric a ( I n te r s t a te ) ................................................... A s s o c ia te d B u ild in g C o n tr a c to r s o f N o r th e r n O h io , In c . ( O h i o ) ...................... A s s o c ia te d G e n e ra l C o n tr a c to r s o f A m e ric a , I n c ............................................ A la s k a C h a p te r , 2 a g re e m e n ts ............................................................................. C a lifo rn ia C h a p t e r ...................................................................................... C a lif o r n ia C h a p t e r ............................................................................................. C a lif o r n ia -N o r th e r n C h a p te r s , 4 a g r e e m e n t s ...................................................... S an D ie g o C h a p te r , 2 a g re e m e n ts (C a lifo rn ia ) ................................................ S o u th e r n C a lifo rn ia C h a p te r s , 4 a g re e m e n ts ( C a lifo rn ia ) R e ta il tr a d e ...................................... M a c h in e r y .......................................... P r im a r y m e t a l s ................................ C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... N u m b er of U n io n 1 w o rk ers F o o d a n d C o m m e rc ia l W o r k e r s ............. M a c h in is ts ......................................................... C a r p e n te r s C a r p e n te r s ......................................................... ......................................................... O p e r a tin g E n g i n e e r s ...................................... P lu m b e r s ............................................................. C a r p e n te r s ; L a b o re rs ; P la s te r e r s a n d C e m e n t M a s o n s ; a n d T e a m s te r s ( I n d .) B u ild in g a n d C o n s tr u c tio n T ra d e s C o u n c il C a r p e n te r s ; O p e r a tin g E n g in e e rs : L a b o re rs ; a n d T e a m s te r s ( I n d .) 1,9 0 0 1,1 0 0 1,300 1,5 0 0 1,500 1,800 1 4 ,0 0 0 2 5 ,0 0 0 4 4 ,0 0 0 7 ,4 0 0 .......................... C o n s t r u c t i o n ...................................... A u to m o b ile D e a le rs I n d u s tr ia l R e la tio n s A s s o c ia tio n o f N e w Y o r k , In c . . A v c o C o r p ., A e r o s tr u c tu r e s D iv is io n (N a s h v ille , T e n n . ) ...................................... A v c o C o r p ., L y c o m in g D i v i s i o n ................................................................................... R e ta il T r a d e ...................................... T r a n s p o r t a tio n e q u ip m e n t . . . . T r a n s p o r t a tio n e q u ip m e n t . . . . M a c h in is ts ......................................................... A u to W o r k e r s ( I n d . ) ...................................... 1,0 0 0 1,6 5 0 1,6 0 0 B o ise C a s c a d e C o r p . ( R u m f o r d , M e .) ................................... ................................... 6 6 ,5 0 0 P a p e r ...................................................... P a p e rw o rk e rs ................................................... 1,3 0 0 C a r r ie r C o r p . E llio tt C o . D iv is io n , S h o p A g r e e m e n t (J e a n n e tte , P a .) . . . . C e la n e s e C o r p ., 2 a g re e m e n ts ( I n t e r s t a t e ) ...................................................................... C la r k E q u ip m e n t C o . (B u c h a n a n , M i c h . ) ...................................................................... C o m b u s tio n E n g in e e rin g , In c . ( C h a tta n o o g a , T e n n .) ............................................. C o n s o lid a te d E d is o n C o . o f N e w Y o rk , In c . (N e w Y o r k , N . Y . ) ...................... C o n tin e n ta l G r o u p , In c . (H o d g e , P e n n .) ................................................... C o n tr a c ti n g P la s te r s A s s o c ia tio n o f S o u th e r n C a lifo rn ia , In c . ( C a lifo rn ia ) . C P I I n te r n a tio n a l, I n c ., C o m P r o d u c ts ( I n te r s t a te ) ................................................ M a c h in e r y .......................................... C h e m i c a l s ............................................. T r a n s p o r t a tio n e q u ip m e n t F a b r ic a te d m e ta l p r o d u c t s . . . U tilitie s ................................................ S te e lw o rk e rs ...................................................... T e x tile W o r k e r s ................................................ A u to W o r k e r s ( I n d . ) ...................................... B o i l e r m a k e r s ...................................................... U tility W o r k e r s ................................................ C o n s t r u c t i o n ...................................... F o o d p r o d u c t s ................................ P la s te r e r s a n d C e m e n t M a s o n s ................ O il, C h e m ic a l a n d A to m ic W o r k e r s . . 1,1 0 0 3 ,5 0 0 1,400 2 ,9 0 0 1 7 ,7 0 0 1,0 5 0 1,400 2 ,3 0 0 E a s te r n N e w Y o rk C o n s tr u c tio n E m p lo y e rs , I n c ., 2 a g r e e m e n ts (N e w Y o rk ) C o n s t r u c t i o n ...................................... L a b o r e r s ; a n d C a r p e n te r s ...................... P a p e r ...................................................... P a p e rw o rk e rs H o te l E m p lo y e r s A s s o c ia tio n o f S an F r a n c is c o ( C a l i f o r n i a ) ................................ H o t e l s ................................................... H o te l a n d R e s ta u r a n t E m p lo y e e s; a n d S erv ic e E m p lo y e e s I r o n W o r k e r E m p lo y e rs o f C a lifo rn ia a n d N e v a d a (C a lifo rn ia a n d N e v a d a ) C o n s t r u c t i o n ...................................... I r o n W o rk e rs ................................................... 8 ,5 0 0 J. I. C a s e C o . ( I n t e r s t a t e ) ...................................................................................... M a c h in e ry A u to W o r k e r s ( I n d . ) ...................................... 6 ,5 0 0 K e n n e c o tt C o o p e r C o r p ., U ta h C o p p e r D iv is io n ( U t a h ) ................................... P r im a r y m e ta ls S te e lw o rk e rs ...................................................... 2 ,4 0 0 L e a g u e o f V o lu n ta r y H o s p ita ls a n d H o m e s o f N e w Y o r k (N e w Y o r k , N .Y .) H o s p i t a l s ............................................. C o n s t r u c t i o n ...................................... R e ta il, W h o le s a le , a n d D e p a r tm e n t S to re P a in te r s ................................................................ 3 7 ,0 0 0 L o s A n g e le s C o u n ty P a in tin g a n d D e c o r a tin g C o n tr a c to r s (C a lifo rn ia ) . . . M a g n a v o x C o . o f T e n n e s se e (G re e n e v ille , T e n n . ) ...................................................... M a s te r L o c k C o . (M ilw a u k e e , W is.) ............................................................. M a y ta g C o . ( I o w a ) ................................................................................... C o n s t r u c t i o n ...................................... F a b r ic a te d m e ta l p r o d u c t s . . . E le c tric a l p r o d u c t s .......................... C o n s t r u c t i o n ...................................... P r in tin g a n d p u b lis h in g ............. A u to W o r k e r s ( I n d . ) ...................................... P lu m b e r s ............................................................. G r a p h ic A r t s ...................................................... 1,6 0 0 1,1 5 0 2 ,2 5 0 2 ,0 0 0 8 ,1 0 0 N a tio n a l A irlin e s , C le ric a l ( I n t e r s t a t e ) 2 ................................................................ N o r th w e s t A irlin e s , I n c ., P ilo ts ( I n t e r s t a t e ) 2 .......................................................... N o r th e r n C a lifo rn ia H o m e B u ild e rs C o n fe re n c e , M a s te r A g re e m e n t ( C a lifo rn ia ) A ir t r a n s p o r t a t i o n .......................... A ir t r a n s p o r t a t i o n .......................... C o n s t r u c t i o n ...................................... A ir L in e P i l o t s ................................................... A ir L in e P i l o t s ................................................... C a r p e n te r s .......................................................... 4 ,3 0 0 1,5 0 0 4 0 ,0 0 0 N o r th w e s t C o n tr a c to r s ’ A s s o c ia tio n , In c . (T o le d o , O h i o ) ................................ C o n s t r u c t i o n ...................................... L a b o r e r s ................................................................ 1 ,2 0 0 O h io E d is o n C o . ( I n te r s t a te ) U tilitie s U tility W o r k e r s ................................................ 1,9 5 0 G e o rg ia -P a c ific C o rp . C r o s s e tt D iv is io n -P a p e r ( C r o s s e tt, A r k .) M e c h a n ic a l C o n tr a c to r s C o u n c il o f C e n tr a l C a lifo rn ia ( C a l i f o r n i a ) ................ M e tr o p o l ita n L ith o g r a p h e r s A s s o c ia tio n , In c . ( I n t e r s t a t e ) ................................... ...................................................................................... S ee f o o tn o te s a t e n d o f ta b le . 52 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ......................................... ................................ ................................................ .......................... 4 ,6 5 0 ................................................... 1,7 0 0 E le c tric a l W o r k e r s ( I U E ) .......................... 2 0 ,0 0 0 6 ,0 0 0 Continued— Major Agreements Expiring Next Month U n io n 1 Ind u stry E m p lo y er and lo c a tio n N u m b er o f w ork ers T r a n s p o r t a tio n e q u ip m e n t . . . . T r a n s p o r t a tio n e q u ip m e n t . . . . E le c tric a l W o rk e rs ( IB E W ) ...................... M e ta l T r a d e s C o u n c il ................................... 1,600 19,700 P a i n t e r s ................................................................... P a i n t e r s ................................................................... P a i n t e r s ................................................................... P a i n t e r s ................................................................... P a i n t e r s ................................................................... P l u m b e r s ................................................................ 2 ,0 0 0 (S a n F r a n c is c o , C a l i f . ) ...................................................................................................... (S o u th e r n C a l i f o r n i a ) ........................................................................................................ P lu m b in g - H e a tin g & P ip in g I n d u s tr y C o u n c il ( C a l i f o r n i a ) ................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... R e lia n c e E le c tric C o . ( O h i o ) ................................................................................................... R u s h - P r e s b y te r ia n -S t. L u k e s M e d ic a l C e n te r ( C h ic a g o , 1 1 1 .)................................ E le c tric a l p r o d u c t s .......................... H o s p i t a l ................................................ E le c tric a l W o rk e rs ( I U E ) ............................. P ro fe s s io n a l a n d T e c h n ic a l E m p lo y e e s; S erv ic e E m p lo y e e s; a n d T e a m s te r s ( I n d .) S h e e t M e ta l H e a tin g a n d A ir C o n d itio n in g C o n tr a c to r s ( C a l i f o r n i a ) ............. S o u th e r n C a lifo rn ia D ry w a ll F in is h e rs ( C a l if o r n ia ) 3 ................................................ S o u th e r n C a lifo rn ia G e n e r a l C o n tr a c to r s ( C a lif o r n ia ) 3 .......................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... C o n s t r u c t i o n ...................................... S h e e t M e ta l W o r k e r s ...................................... P a i n t e r s ................................................................... P la s te r e r s a n d C e m e n t M a s o n s ................ 1,250 1,800 3,500 T e c u m s e h P r o d u c ts C o ., L a u s o n E n g in e D iv is io n (N e w H o ls te in , W is.) . . . T e le d y n e C o n tin e n ta l M o to r s , G e n e ra l P r o d u c ts D iv is io n (M u s k e g o n , M a c h i n e r y ............................................. M a c h i n e r y ............................................. M a c h i n i s t s ............................................................. A u to W o rk e rs ( I n d . ) ...................................... 2 ,0 0 0 P r im a r y m e ta ls ................................ A ir t r a n s p o r t a ti o n ......................... A llie d I n d u s tr ia l W o r k e r s .......................... R a ilw a y C l e r k s ................................................... P a c ific C o a s t S h ip b u ild e rs A s s o c ia tio n ( I n t e r s t a t e ) ................................................... P a c ific C o a s t S h ip b u ild in g & R e p a ir, 2 a g re e m e n ts ( I n t e r s t a t e ) 3 ...................... P a in tin g a n d D e c o r a tin g C o n tr a c to r s A s s o c ia tio n : C e n tr a l C o a s t C o u n tie s , In c ., a n d 1 o th e r (C a lifo rn ia ) ................................ ( M a s s a c h u s e tts ) ................................................................................................................... O re g o n C o u n c il & 2 o th e r A s s o c ia tio n s (O re g o n a n d W a s h in g to n ) . . . 1,500 3,000 1,500 3,600 10,000 1,300 1,000 1,400 M ic h .) W a g n e r C a s tin g s C o . ( D e c a tu r , 1 1 1 .)................................................................................... W e s te rn A irlin e s , C le ric a l ( I n t e r s t a t e ) 2 ............................................................................. G o v ern m en t a c tiv ity O a k la n d -A la m e d a C o n tr a C o s ta T r a n s it D is tr ic t .......................... O a k la n d M u n ic ip a l E m p lo y e e s ................................................................ C o n n e c tic u t: N e w H a v e n B o a rd o f E d u c a t i o n .......................................................... M a r y la n d : B a ltim o re W h ite C o lla r C l a s s i f i e d ............................................................. T r a n s p o r t a t i o n ................................... M u lti d e p a r t m e n t ............................. E d u c a t i o n ............................................. M u lti d e p a r t m e n t ............................. M o n tg o m e r y C o u n ty B o a rd o f E d u c a t i o n .......................................... M o n tg o m e r y C o u n ty B o a rd o f E d u c a tio n , S u p p o r tin g S erv ice E d u c a t i o n ............................................. E d u c a t i o n ............................................. B o s to n M u n ic ip a l E m p lo y e e s ......................................................... D e p a r tm e n t o f M e n ta l H e a l t h ......................................................... M u ltid e p a r tm e n t ............................. S o c ia l S e r v i c e s ................................... C a lifo rn ia : M a s s a c h u s e tts : D e tr o i t D e p a r tm e n t o f T r a n s p o r t a tio n , E q u ip m e n t D iv is io n . . D e tr o it M u n ic ip a l E m p lo y e e s ................................................................... T r a n s p o r t a t i o n ................................... M u ltid e p a r tm e n t ............................. C o lle g e o f M e d ic in e a n d D e n t i s t r y ...................................................... H u d s o n C o u n ty M u n ic ip a l E m p lo y e e s ............................................. L a n e C o u n ty M u n ic ip a l E m p l o y e e s ............................................................ E d u c a t i o n ............................................. M u ltid e p a r tm e n t ............................. M u lti d e p a r t m e n t ............................. P o r tla n d M u n ic ip a l E m p l o y e e s ...................................................................... P e n n s y lv a n ia : T e m p le U n iv e rs ity , F a c u l t y ................................................................... M u ltid e p a r tm e n t ............................. E d u c a t i o n ............................................. W isc o n sin : E d u c a t i o n ............................................. M ic h ig a n : N e w J e rs e y : O re g o n : M ilw a u k e e B o a rd o f S c h o o l D ir e c to r s ................................................ 'Affiliated with A F L -C IO except where noted as independent (Ind.). 2Industry area (group of companies signing same contract). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1,000 3,800 E m p lo y e e o r g a n iz a tio n 1 A m a lg a m a te d T r a n s i t ................................... S erv ic e E m p lo y e e s .......................................... T e a c h e rs ................................................................ C la ss ifie d M u n ic ip a l E m p lo y e e s A s s o c ia tio n o f B a ltim o re C ity , In c . ( I n d .) N a tio n a l E d u c a tio n A s s o c ia tio n ( I n d .) M o n tg o m e r y C o u n ty C o u n c il o f S u p p o r tin g S e rv ic e s E m p lo y e e s , In c. ( I n d .) S erv ic e E m p lo y e e s ......................................... A m e ric a n F e d e r a tio n o f S ta te , C o u n ty a n d M u n ic ip a l E m p lo y e e s; a n d S erv ic e E m p lo y e e s A m a lg a m a te d T r a n s i t ................................... A m e ric a n F e d e r a tio n o f S ta te , C o u n ty a n d M u n ic ip a l E m p lo y e e s T e a m s te r s ( I n d . ) ................................................ T e a m s te r s ( I n d . ) ................................................ A m e ric a n F e d e r a tio n o f S ta te , C o u n ty a n d M u n ic ip a l E m p lo y e e s D is tr ic t C o u n c il o f T r a d e U n io n s . . . . A m e ric a n A s s o c ia tio n o f U n iv e rs ity P ro fe s s o rs ( I n d .) S e rv ic e E m p lo y e e s .......................................... 1,850 2 ,1 0 0 1,350 5,800 5,000 6 ,0 0 0 3,700 15,000 1,350 8 ,000 2,250 1,750 1,000 1,800 1,500 1,100 3Information is from newspaper reports. 53 Developments in Industrial Relations Administration announces new anti-inflation plan President Carter on March 14 announced a new anti inflation program that he said would restore “disci pline” to both Government and American consumers without imposing mandatory wage and price controls. He accepted the Pay Advisory Committee’s recommen dation that annual pay increases fall within a 7.5- to 9.5-percent range. (See Monthly Labor Review, March 1980, pp. 55-56.) The President also indicated that he will ask the Congress to increase the staff of the Coun cil on Wage and Price Stability to permit closer moni toring of wage increases and to require smaller firms with annual sales of $100 million or more to report quarterly price actions to the council. (Presently, only firms with annual sales of $250 million or more are re quired to report.) The new plan stressed budgetary restraints, calling for spending cuts of $18 billion during fiscal 1981 (which begins October 1, 1980) as well as cuts in the current fiscal year. The reduction will be achieved by deferring, reducing, or canceling most of the new or expanded programs included in the budget for fiscal 1981, submitted to the Congress on January 28; cutting expenditures for personnel operations and maintenance in Government; and reducing Federal civilian jobs by more than 20,000 by October 1980. Other aspects of the plan involved the use of credit, with the President and the Federal Reserve Board mov ing to restrict unsecured loans by consumers and bankto-bank loans, and energy, with the President imposing a conservation fee of about 10 cents a gallon on gaso line refined from imported petroleum. Productivity, a long-term factor in inflation, has slowed sharply in the past 10 years and actually de clined in 1979. To counter this development, the Presi dent said that he was asking his Commission on an Agenda for the 1980’s for “recommendations for revi talizing our economy.” The proposal to cut the Federal budget drew an im mediate objection from A FL-C IO President Lane Kirkland, who contended that the burden would fall “Developments in Industrial Relations” is prepared by George Ruben and other members of the staff of the Division of Trends in Employee Compensation, Bureau of Labor Statistics, and is largely based on in formation from secondary sources. 54 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis & a û most heavily on those already suffering most from infla tion. Kirkland maintained that the new policies will do nothing to attack the “direct causes of inflation— the escalating costs of energy, housing, food, and medical care and the incredibly high interest rates that have a critical impact on all sectors of the economy.” Coal Commission issues final report The final report of the President’s Commission on Coal calls on the United Mine Workers and the Bitumi nous Coal Operators’ Association to immediately begin negotiating on renewal of the coal contract which ex pires in March 1981. Both sides said they were pleased with the commission’s final report which offers mea sures for improving labor-management relations, reduc ing U.S. dependence on oil, and for dealing with the continuing problem of coal-mine safety and the living conditions of miners. Recalling that the last five contract settlements in the industry have been preceded by strikes, the commission attributed the strained labor-management relations in the industry to internal factors, such as dissension among leaders of the union and an influx of young, in experienced workers. On the management side, the com mission said that the BCOA’s unity had been broken by a growing diversity of interest between underground and surface mining firms and between the traditional operators and some of the newer producers. However, the commission concluded this portion of its report on an optimistic note, saying that the young supervisors and workers in the industry are maturing and gaining experience in mining— wildcat strikes have declined and that productivity appears to be improving — and citing the growing realization by labor and man agement of their mutual role in attaining a healthy, sta ble industry. In addition to calling for an early start on collective bargaining, the commission also recommended that the union’s leaders continue their efforts to stop wildcat strikes and “stranger picketing” and that the growing body of arbitration awards regarding these activities be respected; that labor and management continue their ef forts to improve productivity, and that they expand training in this area, as well as in job safety, grievance handling, and labor-management relations; and that the parties establish a joint committee, headed by a neutral person, for continuing action on issues of mutual con cern. The commission presented statistics showing that coal mining is the most hazardous major occupation and made four recommendations; (1) that labor and management accept the principle that there is no place in the industry for firms and employees who are not prepared to observe safe mining practices; (2) that the Mine Safety and Health Administration increase its in spection and enforcement activities in mines the com mission finds to have accident and fatality rates consistently and substantially above national averages; (3) that the National Academy of Science, in coopera tion with all interested parties, conduct an investigation of the factors that distinguish safe mines from unsafe mines; and (4) that the BCOA and the UMW continue the joint task force on safety that had been established in cooperation with the commission. The commission found that miners’ living conditions have improved in the last generation to the point of be ing “more closely in line with mainstream America.” However, the commission advocated three actions to counter problems resulting from expansion of the indus try: that coal companies and other large landholders in areas lacking adequate housing make available parcels of land for new housing; that coal companies retain part of their working capital in local lending institutions committed to improving local housing; and that region al government subdivisions, in cooperation with mine owners and employees, identify and obtain public sector funding to spur the building of homes, roads, and utili ties, and that the power of eminent domain be used to acquire land otherwise not available for housing. The increasing price of petroleum, military develop ments that threaten the security of world supplies of pe troleum, and doubts about public acceptance of nuclear power caused the commission to broaden its inquiry be yond the original mandate “to report on ways to improve labor-management relations.” Under this broadened mandate, the commission presented princi ples it said must govern the Nation’s efforts to meet the energy shortage. Specific recommendations that con formed with the principles included: use of coal to re place oil and natural gas in generating electricity and in industrial boilers; use of natural gas to replace oil in home and commercial heating and in industrial uses where coal is impractical; and reserving oil primarily for petrochemical products and transportations uses. The President’s Commission on Coal was established in 1978. It was chaired by John D. Rockefeller IV, Governor of West Virginia. Other members were Jesse F. Core, Adjunct Professor of Mining Engineering, Pennsylvania State University; Marvin Friedman, Vice President, Ruttenberg, Friedman, Kilgallon, Gutchess and Associates, Inc., Washington, D.C.; W. Dewey https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Presley, Director and Chairman of the Executive Com mittee, First International Bancshares, Inc., Dallas, Tex.; and W. Willard Wirtz, Wirtz and Lapointe, Wash ington, D.C. In a related development in the industry, members of the BCOA ratified structural changes that will put the largest operators in control of the coming negotiations with the UMW. The change in bargaining approach was expected to induce U.S. Steel Corp. to withdraw its threat to leave the BCOA. The change also resulted in the return of Consolidation Coal Co., the Nation’s sec ond largest producer, which had quit the BCOA in May 1979 because it believed there was excessive dis unity in the ranks of the operators— particularly the smaller ones—during the 1978 bargaining. Under the restructuring, the executives of the nine largest companies are in charge of the bargaining, with the three-member bargaining team to consist of repre sentatives of U.S. Steel and the largest producers, Pea body Coal Co. and Consolidation Coal Co. The smaller companies opposed the restructuring, but their proposal to temper the change drew only 22 percent of the votes. Firestone to close six plants The problems of the tire manufacturing industry were reflected in Firestone Tire and Rubber Co.’s announce ment that it plans to close six plants. Company chair man and chief executive officer Richard A. Riley said the closings were necessary “to meet changing market conditions” and would eliminate “unneeded capacity that has been used mainly for the production of bias-ply tires.” Another Firestone official said that the domestic in dustry has been running at only 65 to 75 percent of ca pacity and projected demand is slowing. Among the reasons for lower production are increased use of radial tires, which wear longer than bias-ply tires; decreased driving due to increasing fuel costs; elimination of spare tires on some cars; and increased imports. United Rubber Workers president Peter Bommarito said that he was shocked that the company would take “such drastic action” without first asking the union for help in keeping the plants open. Bommarito declared that the U.S. automobile manufacturers had aggravated the tire industry’s problems by failing to produce fuelefficient cars, thus losing sales to foreign companies. He indicated that the union would initiate immediate dis cussions with Firestone on ways to keep the plants open. Under the union’s 1979 contracts, tire manufac turers are required to give the union 6 months’ notice of plant closings. According to a Firestone official, the severance pay, pension, and other costs of the shutdowns will total 55 MONTHLY LABOR REVIEW May 1980 • Developments in Industrial Relations about $82 million, but will be partly offset by $33 mil lion from the sale of inventories. The company reported a loss of $13.8 million for the 3 months ended January 31, compared with a profit of $34.8 million for the same period a year earlier. The plants involved are in Salinas and Los Angeles, Calif., Dayton, Barbeton, and Akron, Ohio, and Pottstown, Pa. A total of 7,265 active employees will be af fected, in addition to the 1,575 already on layoff. According to the union, this will bring to 19,200 the number of jobs lost in the industry since 1975. In Janu ary, Uniroyal, Inc., announced plans to close two of its five plants, which is expected to result in a loss of 3,300 jobs. In 1979, Mansfield Tire and Rubber Co. declared bankruptcy. In a separate announcement, Firestone offered its 69,500 employees and retirees $100 if they buy a new domestic automobile in April. The company said such purchases will aid the automobile and rubber industries, as well as the general economy. Large oil refineries negotiate pattern contract The round of bargaining in petroleum refining moved rapidly towards a close, as the first of the major compa nies settled with the Oil, Chemical and Atomic Work ers, ending an 11-week strike and setting a pattern for bargaining in the industry. The two similar accords were with Gulf Oil Corp. and Cities Service Co. The union had settled earlier with some small refineries on the package it had been seeking, but the major compa nies had balked at some demands. (See Monthly Labor Review, April 1980, p. 63.) Gulf and Cities Service agreed to new 2-year con tracts, while the earlier settlements provided for wage and benefit improvements during the final year of the existing 2-year contracts. Bargaining at all companies was conducted under reopening provisions of the ex isting contracts, negotiated in 1979. The 1980 Gulf settlement provided for a wage in crease of 5 percent plus 52 cents an hour, effective im mediately, and a 10.5-percent increase in January 1981. The immediate increase included the 5-percent deferred raise already scheduled for that date under the 1979 set tlement. Under the Gulf settlement, the company’s monthly payment to the health-care plan will be increased by $18.50 for family coverage and by $6 for single employ ees, effective immediately, and by $18 and $6 in January 1981. This will bring Gulf’s obligation to $120.50 monthly for family coverage and $47 for single employ ees. However, employees will be required to pay any in crease in the premium in excess of Gulf’s obligation. A dental plan also was established, with Gulf paying $15.50 a month for family coverage and $4 for 56 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis single coverage. The agreement also provided for a sixth week of paid vacation after 30 years of service. Union president Robert Goss expressed “disappoint ment” that the oil workers had not won the companypaid health-care plan they had been seeking, but, “We just can’t compete with the raw power of the multina tional companies.” One factor that definitely strength ened the companies’ bargaining position is that the re fineries are highly automated and can be operated by management employees during a walkout. N ew contracts for glass container workers Owens-Illinois, Inc., and the Glass Bottle Blowers ne gotiated 3-year contracts that set a pattern for several other companies in the glass container industry. The bargaining round involved a total of 77,000 workers, in cluding 12,000 at Owens-Illinois, the largest firm. The three separate, but essentially identical, OwensIllinois accords covered production and related workers at 17 plants in the East, production and related em ployees at seven Western plants, and automatic machine operators at all plants. The agreements provide for a 68-cent general wage increase on the April 1 termina tion date of existing contracts and 55 cents on April 1 of 1981 and 1982. In addition, the increment between job grades was increased by an amount ranging from 10 cents an hour for employees in the lowest pay grade to no change for those in the highest grade. Production and maintenance workers in the Eastern plants received additional 2-, 1-, and 1-cent general increases on the re spective dates to reduce a wage differential with the oth er employees. Other wage terms at all plants include an escalator clause that provides for adjustments in April of 1981 and 1982 if the Consumer Price Index rises more than 9 percent during the preceding 12 months. Adjustments will be at the rate of 1 cent for each 0.5-point increase in the index. Shift differentials were increased by 3 cents an hour, to 20 cents for the afternoon shift and 24 cents for the night shift. Vacation pay was increased for employees with 22 to 25 years of service and all employees will re ceive an additional paid holiday. The monthly pension rate for each year of service was increased by $3 for em ployees in the lowest pay grades and by $2 for those in the highest, bringing the range to $14-$ 16. The benefit rate also was increased to a minimum $9 for current re tirees, which affected employees who had retired before 1971 at $6.25 or $7 rates. Life insurance coverage was increased by $3,000, bringing the new range to $13,000-$15,000, varying by job grade. The weekly sickness and accident benefit was increased by $30; and the maximum lifetime orthodon tic benefit was increased to $1,000 per individual (for merly $750). The companies that have settled on terms similar to Owens-Illinois include Brockway Glass Co., Thatcher Glass Manufacturing Co., Kerr Glass Manufacturing Co., Midland Glass Co., and Anchor Hocking Glass Corp. Sugar companies settle The International Longshoremen’s and Warehouse men’s Union and 12 Hawaiian sugar companies agreed to 2-year contracts that provided for February 1, 1980, and 1981 wage increases ranging from 55 cents an hour for employees in the lowest pay grade to 75 cents for those in the highest. After the 1981 increases, rates will range from $6.09 to $8,625 an hour. The same increase will apply at two “distressed” plantations that also set tled— Maunakea Sugar Co. and Holo Coast Processing Co.— but will be accomplished in four steps instead of two. Other provisions at all 14 plantations include a 10th annual paid holiday; increases in shift premiums; in dustrywide standardization of some job classifications; and an optional family-enrollment dental plan to re place the current plan that covers children only. Eastern’s flight attendants get new contract Eastern Airlines and the Transport Workers negotiat ed a 3-year contract for flight attendants that provides for a 6-percent pay increase retroactive to April 1979, 2.5 percent retroactive to October 1979, 4 percent in May and December 1980, 5 percent in July 1981, and 6 percent in January 1982. The 5,500 employees also will receive automatic wage escalator adjustments in Janu ary of 1981 and 1982 of $1 a month for each 0.3-point movement in the Consumer Price Index. “Over-waterpay” was increased to $1.50 an hour (formerly $1.05), the “away-from-base” allowance was increased to $1.25 an hour (formerly 90 cents), and a pay step was added for employees with 13 years of service. The minimum pension rate was increased to $24 a month for each year of service, and there is a provision for returning the contributions employees made before the plan became fully company-financed in 1977. Eastern’s variable earnings plan was continued. Un der this plan, which was established in 1977 for the flight attendants and certain other employees, 3.5 per cent of wages is withheld from paychecks but is returned to employees at yearend if the company’s an nual profit amounts to 2 percent of sales. If the profit is more than 2 percent, employees receive the full 3.5 per cent and an additional amount up to 3.5 percent. If the profit is less than 2 percent, employees receive part of the withheld amount. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis H oneyw ell em ployees reopen contract, get raises About 8,700 Honeywell, Inc. employees in Minneap olis, Minn., were covered by a 2-year settlement with Local 1145 of the Teamsters. The new contract, negoti ated under a reopening provision, was effective immedi ately, superseding the final year of the existing 3-year agreement. The settlement provided for wage increases of 13 per cent immediately and 11 percent in February 1981. There was no provision for a wage escalator clause. Company officials said they agreed to the relatively large set wage increases—rather than smaller increases and an escalator clause—because an escalator clause makes it more difficult to predict labor costs. Vice Pres ident Charles Brown said that a wage escalator clause that provides for cents-per-hour pay adjustments tends to be less beneficial to skilled employees because it re duces their percentage pay differential over less skilled workers. The vacation schedule was increased by one day in the year in which employees attain 2, 5, 7, 10, 13, 16, and 22 years of service, and the maximum was in creased to 30 days after 30 years, formerly 25 days after 24 years. There also were some improvements in insur ance benefits. The separate 4-year pension contract pro vided for raising the benefit rate for future retirees to $18 a month for each year of credited service (formerly $12). Benefit rates for current retirees were increased to $14 (formerly $12), or to $12 (formerly $7-$10), depending on the date of retirement. M inority attorneys at Justice charge bias Attorneys employed by the U.S. Department of Jus tice filed an administrative complaint charging that the agency discriminates against minorities in hiring, train ing, and promotion. The formal complaint was filed by leaders of the group, the Racial and Ethnic Minority Attorneys Caucus, on behalf of about 150 attorneys af ter unsuccessful negotiations on the issue. The attorneys make up about 8 percent of all attorneys within the six units of the agency covered by the complaint. Specifically, the complaint asserted that the units failed to hire or promote members of minority groups in adequate numbers; denied them equal access to train ing and the most interesting cases; and evaluated job performance in a manner that resulted in a dispropor tionate share of pay awards going to nonminority attor neys. The 2 years of negotiations prior to the filing reportedly were not successful because the leaders of the caucus had been seeking remedies beyond those in the agency’s affirmative action plan. □ 57 Book Reviews The unemployed tell their story Not Working: An Oral History o f the Unemployed. By Harry Maurer. New York, Holt, Rinehart and Winston, 1980. 297 pp. $12.95. Not Working is an important book about unemploy ment in American society. Unlike the typical book on the subject, it focuses on people rather than statistics. It is about unemployed executives and clerks, engineers and auto workers, college professors and high school dropouts. In his oral history of unemployment, Harry Maurer has done for the unemployed what Studs Terkel did for the employed. And he has done it well. In 1976, Maurer spent several months traveling around the United States interviewing the unemployed. This book is the fruit of that effort and many of his more than four dozen portraits of the unemployed are not easily forgotten. A gifted interviewer, Maurer man aged to get a wide spectrum of America’s jobless to talk freely and frankly about themselves and what it’s like to be jobless in a work-oriented society. The book vividly illustrates that unemployment does not just hit blacks or those without skills or education. Even for those who seem to have “made it,” employ ment security is often tenuous. Nor does education alone guarantee a place in today’s job market. Some of the most memorable interviews are with “high level” or ‘^professional” workers. There is, for example, Grace Keaton, fired without warning from a high-level job in a New York publish ing house after 12 years of service. No one will hire her for a high-level job—nor will they consider her for a lower level job. There is particularly good coverage of the plight of the middle-aged jobless professional, a problem that re ceives less than its share of public concern. Take Martin Penn, a 57-year-old scholar with a Ph. D. in anthropol ogy, the victim of a layoff from a prestigious think-tank beset with shrinking government contracts. Lowering his sights after years of futile search for an appropriate job, and almost prepared to deny he has a Ph. D., Penn wonders what’s wrong with the country when a person has to be ashamed of having an education. Well-educated young people often find no demand for their labor or are forced into unskilled jobs. Kristen Ja cobs, a recent and disillusioned liberal arts graduate of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the University of Michigan, competes with 300 other applicants for a $3.60-an-hour job. The author paints just as clear a picture of what it’s like for those who have always been on the bottom of the job ladder. Minority youths are not dismal statis tics. They appear as people who are being assaulted and destroyed by unemployment— or by the low wages and unsteady jobs that may be available from time to time. Some ghetto teenagers interviewed by Maurer are re ceiving training. But the problems are shown to persist beyond the teens. Maurer’s young adult minority job less scarcely fit the stereotype of the jobless and poor as lazy. Ken Dutton, a 21-year-old black veteran in Seat tle, Wash., camps out from 10 p.m. in the desperate hope that he will be one of the lucky few to be interviewed by Alcoa the next morning. Micky Eldridge, a 23-year-old black man in the South— out of work for a year—survives by collecting discarded coke bottles and selling them for 5 cents apiece. Eddie Varga, a 24-year-old Los Angeles Chicano—graduate of a 2-year technical college— lives on unemployment insurance and hopes for the miracle of a $3-an-hour job. While Willie Hawkins, a 23-year-old Birmingham black with hypertension, receives a call from an auto company for a same-day interview for a once-in-a-lifetime chance at a decent-paying job. In a frantic attempt to bring his blood pressure down quickly enough to pass the physical, he donates blood and takes large doses of Epsom salts just prior to the interview. Maurer’s people are real, with all the strengths and frailties of human beings. He has not canonized them, nor masked their shortcomings. Some are not eligible for unemployment benefits; others are too humiliated to take unemployment benefits; still others take them to survive, despite injured pride; some take them as a form of revenge; and a few abuse the system. For another few, all middle class, unemployment brings positive benefits. A teacher laid off during the New York fiscal crisis, for example, realizes that she had become a pris oner of a detested job. For her, being fired becomes a form of freedom. This book also points to other problems. For in talking about not working, the jobless are also talking about working. The extent to which alienation and pur poselessness exist in the workplace is hotly disputed. But among those in Not Working, it is commonplace. The book also provides very useful insights into sub tle aspects of the labor market, especially the secondary labor market. Like Elliot Liebow’s Tally, we hear about the secondary labor market from those forced to spend their lives in it. “ In Unemployment in History, John A. Garraty claims that, unlike the jobless of previous eras, today’s unem ployed are not plagued by psychological torment and feelings of self-blame. But Harry Maurer finds the op posite to be true. “What astonished me—more than any other discovery in the course of writing this book— was the degree to which unemployed people blame themselves.” Even those made jobless by mass layoffs and other events clearly beyond their control tended to blame themselves. Unemployment, it turns out, means for many people psychological devastation, feelings of worthlessness, leisure turned to emptiness. Maurer’s findings are consistent with the more structured re search of Robert McKersie of Cornell University, who studied job loss among laid-off New York State civil servants, and M. Harvey Brenner’s well-known study of the social costs of unemployment for the Joint Econom ic Committee. If self-torment and guilt are as prevalent among all of the unemployed as among Maurer’s group, the often observed lack of political protests by the jobless be comes more comprehensible. Self-blame effectively depoliticizes the victims of unemployment. The author feels that the jobless would do better to shift their attention to those who so willingly and unconcernedly want to _]flcrease unemployment. There is, of course, no way of knowing just how representative Maurer’s interviewees are of all the un employed. He met the jobless in a variety of ways: some through organizational contacts; others directly in unemployment offices. Only a minority of the latter agreed to be interviewed. Were those who declined to be interviewed full of more self-blame than the others? Or less? Were they better off? Or worse off? Social sci entists who want the answers to those questions will have to pick up where Maurer left off. Some of Maurer’s unemployed were hard hit by the last recession. In 1976, unemployment still averaged 7.7 percent. Though many ultimately may have found jobs, their scars are apt to remain. As Jim Hughes, a jobless Indiana Republican expressed it, “I’m always gonna look back on this and say, ‘Hey, I’ve been through it. I know what it’s like.’ It’s been rough. Human damage, you might say.” The unemployed deserve better. And there are still six million official jobless. So Harry Maurer’s humanis tic book should be of interest not only to economists, psychologists, sociologists, and others in the academic world but should be read by all who are concerned with current talk of increasing unemployment as a weapon https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis against inflation. The Humphrey-Hawkins Full Employ ment and Balanced Growth Act (Public Law 95-523) declares among other things that it is the continuing policy and responsibility of the Federal Government to “promote full employment.” The act also recognizes the problem of inflation but, based on considerable evi dence, it rejects the idea of an inevitable inverse rela tionship between unemployment and inflation. Thus, it aims to reduce inflation while pursuing full employ ment. By showing what unemployment does to those forced to bear its costs, Not Working may help to focus national attention on the need to implement that law with vigor. — H elen G insburg Associate Professor Department of Economics Brooklyn College—City University of New York Working less and enjoying it more Job Sharing: A New Pattern for Quality o f Work and Life. By Gretl S. Meier. Kalamazoo, Mich., W. E. Upjohn Institute for Employment Research, 1979. 187 pp. $4.50. Job sharing (commonly defined as two workers or more sharing one full-time job) is designed to increase both the number and quality of part-time jobs. This new type of schedule is part of a trend toward more flexible work arrangements. It responds specifically, however, to two recent phenomena. One is the increas ing reluctance of many workers to work below their skill level in exchange for shorter hours. The second is a slowdown in the long-term growth in the supply of tra ditional part-time jobs. Gretl S. Meier’s excellent book covers recent ex periences and trends in job sharing. It examines differ ent types of arrangements, the advantages, disadvan tages, and problems of job sharing for both employees and employers, and emerging issues. Her own survey of about 240 job sharers and more than 80 lengthy inter views with job sharers and their supervisors furnish the basic materials for the book. To fulfill the author’s criteria for job sharing, the sharing must be voluntary, involve the deliberate con version of a full-time position, and provide fringe bene fits (although not all the arrangements described meet the second and third requirements). Some sharers work in close partnership— pooling resources and sharing de cisions and responsibility for the whole job; others work more or less independently. In some instances, job shar ers are husband and wife; in others they never meet, communicating by phone or note only. The many varia59 MONTHLY LABOR REVIEW May 1980 • Book Reviews tions on the general theme have given rise to such spe cial terms as split, paired, twinned, and tandem jobs. (Work-sharing, which is undertaken to avoid layoffs, is an altogether different phenomenon.) Sharing a full-time job does provide some sharers with more highly skilled work than would most tradi tional part-time jobs. The survey group includes, for ex ample, managers, teachers, counselors, researchers, and physicians. (However, in the large majority of cases the combined earnings of both partners did not exceed the ceiling on which the salary of one worker would be taxed under social security.) Most job sharers surveyed received such fringe benefits as vacations, holidays, and sick leave, prorated in many cases on the basis of hours. Health benefits varied widely, with some sharers receiv ing full coverage and others excluded. The greatest reward perceived by job sharers is the opportunity to balance worklife with the rest of life. “Work is central in the lives of job sharers, but not the sole criterion for identity.” Meier acknowledges that at present job sharers repre sent an “infinitesimal proportion of all jobholders” and that “until a larger, more varied pool . . . exists, it will be difficult to assess the benefits as well as the costs of the new arrangements—either to the organization or the individuals.” She urges, however, that choices in implementing new work schedules not rest solely on narrow cost-benefit calculations, but take into account the relation of work to the totality of life. Whatever the outcome for this particular work schedule, recent in creases in the number of both working couples and sin gle-parent families and growing concerns for employment opportunities for handicapped workers make the upgrading of part-time work options an im portant objective. —Janice N eipert H edges Office of Current Employment Analysis Bureau of Labor Statistics Q uick introduction to our way of life Vietnamese Americans: Patterns of Resettlement and So cioeconomic Adaptation in the U.S. By Darrel Montero. Boulder, Colo., Westview Press, 1979. 218 pp., bibliography. $17.50. Refugee movements are by their very nature sudden, disruptive, often traumatic events. As such, receiving countries typically face a complex task in successfully resettling large numbers of homeless people without some strain on the domestic social fabric. Seldom is there adequate time or resources to gather detailed in 60 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis formation on the newcomers’ backgrounds, initial ad justment difficulties on arrival, and subsequent socio economic progress, despite the potential value of such information for better accommodating future refugees. In the last 5 years, more than 170,000 Indochinese have fled to the United States, the largest single refugee group to enter this country in such a brief period. Nev ertheless, the U.S. Department of Health, Education, and Welfare has managed to produce a rich longitudinal data source on them, and this volume, by Darrel Mon tero, gives a valuable first look at its main findings. In a book addressed primarily to immigration specialists, Montero sets himself two objectives: first, to provide a systematic description and analysis of the survey’s methodology and central results; then, to construct a model which integrates these results with existing knowledge on the resettlement and employment pat terns of earlier immigrants. The book opens with a chapter on Vietnam, briefly scanning its history from the 10th century B.C. to the U.S. defeat in April 1975. One cannot help thinking that the author’s desire to deepen our understanding of the refugees’ backgrounds, motivations, and expecta tions would have been better served had he focused on the evolution and operation of social, educational, and labor market structures, particularly in the urban areas whence most refugees came. Instead, he presents a largely political survey of premodern Vietnam, devoting a single page to the two decades since the mid-1950’s which most shaped the refugees’ lives. In the following chapter, however, Montero gives a lucid description of the resettlement process in the Unit ed States and initial adjustment problems. After an abrupt, ill-prepared departure, the refugee family was taken to a relocation center at Camp Pendleton, Calif., or 1 of 3 other military bases. To minimize the financial burden on war-weary taxpayers, the Federal Inter agency Task Force in charge of resettlement adopted a policy of moving its charges out of the camps quickly and scattering them across the country in the care of sponsoring groups and families. This practice isolated the new arrivals from their countrymen and impeded the formation of the sort of indigenous ethnic communi ties which new immigrant groups have traditionally re lied on for social, economic, and emotional support. But, Montero argues, the relocation centers and private sponsors helped acclimate the Vietnamese and prepared them for eventual self-sufficiency. Food, shel ter, medical care, English language courses, and voca tional training were freely supplied in the camps and the subsequent sponsorships provided not only economic se curity, but closer contact with American society and culture and assistance in locating employment. The refu gees’ demographic characteristics count as additional advantages. Drawing on Immigration and Naturaliza- tion Service data, the author notes that most refugees are young (nine-tenths under age 45), well educated, from relatively affluent urban families, and among their homeland’s social and occupational elite. How have they fared in the American labor market? To trace the refugees’ socioeconomic adaptation, Montero presents the salient findings of five waves of nation al survey interviews conducted under the auspices of the Department of Health, Education, and Welfare between July 1975 and August 1977. The profile which emerges is one of “substantial progress” in which “the Vietnam ese are moving steadily toward economic self-suf ficiency.” Employment rates are high for both men and women, more than 80 percent are working full time by Survey V, and income has steadily risen to a median an nual level of $9,600 in 1977. At the same time, however, the refugees have suffered marked downward occupational mobility. One-third of household heads were professional workers in Vietnam, but fewer than 1 in 5 could find similar employment in the United States. Former managers and administrators encountered even greater difficulties. This pattern is in striking accord with that found for other immigrant groups in recent studies by Chiswick, North, and the reviewer. To place the Vietnamese experience in a wider sociohistorical context, the author concludes by advanc ing what he dubs a model of “Spontaneous Internation al Migration.” Comparisons are drawn between the route taken by earlier Japanese and Chinese immigrants —from their homelands, to ethnic enclaves, thence to ward assimilation—and the ongoing movement of the Vietnamese. Aided by their “anticipatory socialization” among American troops and employers in Vietnam as well as further preparation in the camps and sponsor ships, the refugees will, it is predicted, have less need for ethnic concentrations and assimilate more rapidly than other immigrants. This is less a genuine theoretical model than a rough descriptive outline. Furthermore, comparisons with other refugee groups, like the Cubans who also had considerable premigration contact with Americans but remain concentrated in ethnic enclaves, would seem more relevant. Nonetheless, Vietnamese Americans serves a clear need for more precise panel data on recent immigrant cohorts; in fact, more than half of its pages consist of statistical tables. Until the Department of Health, Edu cation, and Welfare gives researchers access to the sur vey’s original data tapes, this book will be a unique source of detailed information for immigration scholars. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis — G regory D e F reitas Assistant Professor School of Labor and Industrial Relations Michigan State University Publications received Agriculture and natural resources Burk, Monroe, “Economists and Ecologists: Dialogue of the Deaf,” Business, College of Business Administration, Georgia State University, January-February 1980, pp. 47-52. Duncan, Marvin and Ann Laing, “Western Water Resources: Coming Problems and the Policy Alternatives,” Economic Review, Federal Reserve Bank of Kansas City, February 1980, pp. 14-22. Lowinger, Thomas C, “U.S. Energy Policy: A Critical As sessment,” M SU Business Topics, Winter 1980, pp. 1522 . McKinnon, James E., “The Federal Water Pollution Control Act—Industrial Challenges to Effluent Limitations,” Bos ton College Environmental Affairs Law Review, Vol. 7, No. 4, 1979, pp. 545-66. The President’s Commission on Coal, The Acceptable Replace ment o f Imported Oil with Coal. Washington, 1980, 66 pp. Economic and social statistics National Commission on Employment and Unemployment Statistics, Concepts and Data Needs: Counting the Labor Force, Appendix Vol. 1. Washington, 1979, 667 pp. Stock No. 052-003-00700-2. $7.50, Superintendent of Docu ments, Washington 20402. Tanzi, Vito, “Inflationary Expectations, Economic Activity, Taxes, and Interest Rates,” The American Economic Re view, March 1980, pp. 12-21. The President’s Commission on Coal, Coal Data Book. Wash ington, 1980, 235 pp. Economic growth and development Berkman, Neil G., “A Rational View of Rational Ex pectations,” New England Economic Review, Federal Reserve Bank of Boston, January-February 1980, pp. 18-29. Cluster, Dick and Nancy Rutter, Shrinking Dollars, Vanishing Jobs: Why the Economy Isn't Working for You. Boston, Mass., Beacon Press, 1980, 180 pp. $11.95, cloth; $5.95, paper. Collins, Lora S., “Straightening Out the Phillips Curve,” Across the Board, March 1980, pp. 11-16. Economic Report o f the President, Transmitted to the Congress January 1980, Together with the Annual Report of the Council o f Economic Advisers. Washington, 1980, 329 pp. Stock No. 040-000-00407-6. $4.75, Superintendent of Documents, Washington 20402. Hein, John, “Revisited—Germany’s ‘Economic Miracle,’” Across the Board, March 1980, pp. 47-56. Hymans, Saul H., Harold T. Shapiro, Joan P. Crary, “The U.S. Economic Outlook for 1980,” Economic Outlook USA, Winter 1980, pp. 3-9. Juster, F. Thomas, “The Recession of 1980: Real or Imagi nary?” Economic Outlook USA, Winter 1980, pp. 15-16. Lipset, Seymour Martin, “Futurology, Pt. I,” Across the Board, March 1980, pp. 17-26. 61 MONTHLY LABOR REVIEW May 1980 • Book Reviews McCracken, Paul W., “The Uncertain 1980s,” Economic Out look USA, Winter 1980, pp. 10-11. Zarnowitz, Victor, “Forecasts for 1979 and 1980: An Assess ment and a Survey,” Economic Outlook USA, Winter 1980, pp. 12-14. Health and safety Goldberg, Lawrence G. and Warren Greenberg, “The Com petitive Response of Blue Cross to the Health Mainte nance Organization,” Economic Inquiry, January 1980, pp. 55-68. Taylor, Henry M., “Occupational Health Management—by Objectives,” Personnel, January-February 1980, pp. 5864. U.S. Bureau of Labor Statistics, State Data on Occupational Injuries and Illnesses in 1976. Washington, 1979, 55 pp. (Report 576.) Industrial relations American Enterprise Institute for Public Policy Research, Pro posals for Ranking the Effectiveness of Government Pro grams. Washington, American Enterprise Institute for Public Policy Research, 1980, 18 pp. (Legislative Analy sis 14, 96th Cong., 2d sess.) Bloch, Howard R. and Robert L. Pennington, “Use of Appli cant Flow Data in a Discrimination Suit,” Public Personnel Management, January-February 1980, pp. 1-6. Bode, Edward L., “Auditing Affirmative Action Through Multiple Regression Analysis,” Labor Law Journal, Feb ruary 1980, pp. 115-20. Bohlander, George W., “Fair Representation: Not Just a Union Problem,” The Personnel Administrator, March 1980, beginning on p. 36. Doherty, Robert E., Industrial and Labor Relations Terms: A Glossary. 4th ed., rev. Ithaca, N.Y., Cornell University, New York State School of Industrial and Labor Rela tions, 1979, 34 pp. (Bulletin 44.) $2.50. Great Britain, Department of Employment, “The extent of closed shop arrangements in British industry,” by John Gennard, Stephen Dunn, and Michael Wright, Employ ment Gazette, January 1980, pp. 16-22. Kovach, “The F.L.R.A. and Federal Employee Unionism,” Public Personnel Management, January-February 1980, pp. 7-10. La Berge, Roy, “The Shell Chemical Plant at Sarnia,” The Canadian Personnel and Industrial Relations Journal, Jan uary 1980, beginning on p. 12. Lester, Richard A., Reasoning About Discrimination: The Analysis of Professional and Executive Work in Federal Antibias Programs. Princeton, N.J., Princeton University Press, 1980, 384 pp., bibliography. $17.50. McGarry, Stephen J., “Public Sector Collective Bargaining and the Contract Clause,” Labor Law Journal, February 1980, pp. 67-75. Mulcahy, Robert W. and Dennis W. Rader, “Trends in Hos pital Labor Relations,” Labor Law Journal, February 1980, pp. 100-14. Peck, Cornelius J., “The Administrative Procedure Act and the NLRB General Counsel’s Memorandum on Fair 62 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Representation Cases: Invalid Rulemaking?” Labor Law Journal, February 1980, pp. 76-86. Pisapia, John Ralph, “Trilateral Bargaining Practices in Public School Contract Negotiations,” Journal of Collective Ne gotiations in the Public Sector, Vol. 8, No. 4, 1979, pp. 339-46. Princeton University, The Right to Privacy in the Employment Setting. (Prepared by Kevin Barry.) Princeton, N.J., Princeton University, Industrial Relations Section, No vember 1979, 4 pp. (Selected References, 198.) 50 cents. Quinlan, Michael, “Australian Trade Unions and Postwar Im migration: Attitudes and Responses,” The Journal of Industrial Relations, September 1979, pp. 265-80. Rand, James F., “Creative Problem-Solving Applied to Griev ance/Arbitration Procedures,” The Personnel Administra tor, March 1980, pp. 50-52. Segal, David R. and Robert C. Kramer, “Orientations Toward Military Unions Among Combat Troops,” Jour nal of Collective Negotiations in the Public Sector, Vol. 8, No. 4, 1979, pp. 309-18. Staudohar, Paul D. and A. L. Pakkala, “Canadian Profit Con trols: More Harm Than Good?” Labor Law Journal, Feb ruary 1980, pp. 121-26. Truesdale, John C., The NLRB and Arbitration: Recent Developments. Amherst, University of Massachusetts, La bor Relations and Research Center, 1979, 18 pp. U.S. Bureau of Labor Statistics, Directory of National Unions and Employee Associations, 1977. Washington, 1979, 141 pp. (Bulletin 2044.) Stock No. 027-001-02425-8. $4.50, Superintendent of Documents, Washington 20402. Westin, Alan F., “What Should Be Done About Employee Privacy?” The Personnel Administrator, March 1980, pp. 27-30. White, Harold C. and William Gibney, “The Arizona Farm Labor Law: A Supreme Court Test,” Labor Law Journal, February 1980, pp. 87-99. Industry and government organization Morris, Seymour, Jr., “Managing Corporate External Af fairs,” Management Review, March 1980, pp. 48-53. Oster, Sharon M., “An Analysis of Some Causes of Interstate Differences in Consumer Regulations,” Economic Inquiry, January 1980, pp. 39-54. Steiner, George A., “Can Business Survive Its New Environ ment?” Business, College of Business Administration, Georgia State University, January-February 1980, pp. 13-19. International economics Blanpain, Roger, The OECD Guidelines for Multinational En terprises and Labour Relations 1976-1979: Experience and Review, Deventer, The Netherlands, Kluwer, 1979, 309 pp. Distributed in the United States by Kluwer Law and Taxation Publishers, Hingham, Mass. “Latin American, 1980,” Current History, February 1980, pp. 49-88. Marvel, Howard P., “Foreign Trade and Domestic Competi tion,” Economic Inquiry, January 1980, pp. 103-22. U.S. Bureau of International Labor Affairs, The Shape of Transnational Unionism: International Trade Secretariats. Washington, U.S. Department of Labor, Bureau of Inter national Affairs, 1979, 52 pp. (Monograph, 3.) Stock No. 029-000-003885-8. $2.50, Superintendent of Documents, Washington 20402. U.S. Bureau of the Census, A Compilation o f Age-Specific Fer tility Rates for Developing Countries. Washington, U.S. Department of Commerce, Bureau of the Census, 1979, 154 pp. (International Research Document 7.) Stock No. 003-024-02131-5. $4.75, Superintendent of Documents, Washington 20402. Labor force Freeman, Richard B., The Evolution of the American Labor Market, 1948-1980. Cambridge, Mass., National Bureau of Economic Research, 1980, 76 pp. (NBER Working Paper Series, 446.) $1. Fuller, Don, “To Work or Not to Work—the Case of Wom en,” The Journal of Industrial Relations, September 1979, pp. 316-30. Great Britain, Department of Employment, “The long-term unemployed: some new evidence,” by Maureen Colledge and Richard Bartholomew, Employment Gazette, January 1980, pp. 9-12. Hansen, W. L. and others, “Forecasting the Market for New Ph. D. Economists,” The American Economic Review, March 1980, pp. 49-63. Harmon, Frederick G., “Needed: 1,000,000,000 Jobs,” Man agement Review, March 1980, pp. 19-24. Moir, Hazel and Joy Selby Smith, “Industrial Segregation in the Australian Labour Market,” The Journal of Industrial Relations, September 1979, pp. 281-91. International Labor Organization, Employment and Basic Needs in Portugal. Geneva, International Labor Organiza tion, 1979, 228 pp. $14.95. Distributed in the United States by Washington Branch of ILO. Princeton University, Dual-Career Couples. (Prepared by Kevin Barry.) Princeton, N.J., Princeton University, In dustrial Relations Section, December 1979, 4 pp. (Select ed References, 199.) 50 cents. Solow, Robert M., “On Theories of Unemployment,” The American Economic Review, March 1980, pp. 1-11. Stern, Robert N., K. Haydn Wood, Tove Helland Hammer, Employee Ownership in Plant Shutdowns: Prospects for Employment Stability. Kalamazoo, Mich., W. E. Upjohn Institute for Employment Research, 1979, 219 pp. $6, cloth; $4, paper. Management and organization theory Allen, Robert F. and Frank J. Dyer, “A Tool for Tapping the Organizational Unconscious,” Personnel Journal, March 1980, beginning on p. 192. Alpander, Guvenc G., “Training First-Line Supervisors to Criticize Constructively,” Personnel Journal, March 1980, pp. 216-21. Bartolomé, Fernando and Paul A. Lee Evans, “Must Success Cost So Much?” Harvard Business Review, March-April 1980, pp. 137-48. Bobbitt, H. Randolph, Jr. and Jeffrey D. Ford, “DecisionMaker Choice as a Determinant of Organizational Struc https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ture,” Academy of Management Review, January 1980, pp. 13-23. Cawsey, T. F., “Why Line Managers Don’t Listen to Their Personnel Departments,” Personnel, January-February 1980, pp. 11-20. Cooper, Michael R., Peter A. Gelfond, Patricia M. Foley, “Early Warning Signals—Growing Discontent Among Managers,” Business, College of Business Administration, Georgia State University, January-February 1980, pp. 2 - 12. Dagher, Samir P. and Peter H. Spader, “Improving Business Ethics . . . Poll of Top Managers Stresses Education and Leadership-by-Example as Strong Forces for Higher Standards,” Management Review, March 1980, pp. 5457. Dalton, Dan R. and others, “Organization Structure and Per formance: A Critical Review,” Academy of Management Review, January 1980, pp. 49-64. Delamontagne, Robert P. and James B. Weitzul, “Perfor mance Alignment: The Fine Art of the Perfect Fit,” Per sonnel Journal, February 1980, beginning on p. 115. Gakenbach, Jayne I. and Stephen M. Auerbach, “On-the-Job Sex Discrimination,” Business, College of Business Ad ministration, Georgia State University, January-February 1980, pp. 24-30. Hill, Alfred W., “How Organizational Philosophy Influences Management Development,” Personnel Journal, February 1980, beginning on p. 118. Hutchins, David, “QC Circles: An Introduction,” Industrial and Commercial Training, January 1980, pp. 8-15. Kets de Vries, Manfred F. R., “Organizational Stress: A Call for Management Action,” Sloan Management Review, Fall 1979, pp. 3-14. Kikoski, John F., “Communication: Understanding It, Im proving It,” Personnel Journal, February 1980, pp. 126— 31. Lynch, JoAn, “Reaching Troubled Workers Earlier,” The Ca nadian Personnel and Industrial Relations Journal, Janu ary 1980, pp. 22-27. Michaels, D. Trevor, “Seven Questions That Will Improve Your Managerial Hiring Decisions,” Personnel Journal, March 1980, beginning on p. 199. Nigro, Lloyd G. and Carl J. Bellone, “Participative Manage ment: Making It Work,” The Bureaucrat, Winter 197980, pp. 34-39. Norgaard, Corine T., “Problems and Perspectives of Female Managers,” MSU Business Topics, Winter 1980, pp. 2328. Pati, Gopal C. and Edward F. Hilton, Jr., “A Comprehensive Model for a Handicapped Affirmative Action Program ” Personnel Journal, February 1980, pp. 99-108. Sasser, W. Earl, Jr. and Frank S. Leonard, “Let First-Level Supervisors Do Their Job,” Harvard Business Review, March-April 1980, pp. 113-21. Sauser, William L, Jr., “Evaluating Employee Performance: Needs, Problems and Possible Solutions,” Public Person nel Management, January-February 1980, pp. 11-18. “SMR Forum: The Corporation in the Public Policy Process —A View Toward the 1980s,” by James E. Post; “Pri63 MONTHLY LABOR REVIEW May 1980 • B ook R enew s vate Managers and Public Myths—Public Managers and Private Myths,” by James W. Driscoll, Gary L. Cowger and Robert J. Egan,” S lo a n M a n a g e m e n t R eview , Fall 1979, pp. 45-57. Stead, Bette A., “The National Secretarial Shortage: A Man agement Concern,” M S U B u sin ess Topics, Winter 1980, pp. 43-47. Tanaka, Hiroshi, “The Japanese Method of Preparing Today's Graduate to Become Tomorrow’s Manager,” P erso n n el J o u rn al, February 1980, pp. 109-12. Terborg, James R., George S. Howard, Scott E. Maxwell, “Evaluating Planned Organizational Change: A Method for Assessing Alpha, Beta, and Gamma Change,” A c a d e m y o f M a n a g e m e n t R eview , January 1980, pp. 109-21. Wren, Daniel A., “Scientific Management in the U.S.S.R., with Particular Reference to the Contribution of Walter N. Polakov,” A c a d e m y o f M a n a g e m e n t R eview , January 1980, pp. 1-11. Monetary and fiscal policy Greenwald, Carol S., “Tight Money Won’t Work,” H a r v a r d B u sin ess R eview , March-April 1980, pp. 122-29. Murphy, J. Carter, T he I n te rn a tio n a l M o n e ta r y S y ste m : B e y o n d th e F irst S ta g e o f R efo rm . Washington, American Enterprise Institute for Public Policy Research, 1979, 276 pp. (AEI Studies, 259.) $6.75, paper. Rhoades, Stephen A., “The Competitive Effects of Interstate Banking,” F e d e r a l R eserve B u lletin , January 1980, pp. 1- Washington, 1980, 233 pp. U.S. Bureau of Labor Statistics, A C e n tu r y o f C h an ge in B o s ton F a m ily C o n su m p tio n P attern s. By Denis M. McSweeney. Boston, U.S. Department of Labor, Bureau of Labor Statistics, New England Regional Office, 1979, 44 pp. (Regional Report 79-5.) th e C oalfields. Productivity and technological change Glaser, Edward M., “Productivity Gains Through Worklife Improvement,” P ersonn el, January-February 1980, pp. 71-77. Hekman, John S., “The Future of High Technology Industry in New England: A Case Study of Computers,” N e w E n g la n d E c o n o m ic R eview , Federal Reserve Bank of Boston, January-February 1980, pp. 5-17. “Modern Technology: Problem or Opportunity?” D a ed a lu s, Journal of the American Academy of Arts and Sciences, Winter 1980, pp. 1-190. Moore, Michael L., “Productivity Improvement in Govern ment: The Effects of Departmental vs. Occupational Bargaining Unit Structures,” J o u r n a l o f C o llective N e g o ti a tio n s in th e P u b lic S ector, Vol. 8, No. 4, 1979, pp. 319— 32. U.S. Bureau of Labor Statistics, P ro d u c tiv ity I n d e x e s f o r S e le c te d In d u stries, 1 9 7 9 E d itio n . Washington, 1979, 190 pp. (Bulletin 2054.) Stock No. 029-001-02429-1. $5.50, Superintendent of Documents, Washington 20402. 8. Wilkins, Maurice G., Jr., “Financial Flexibility in the 1980s,” H a r v a r d B u sin ess R eview , March-April 1980, pp. 10305. Prices and living conditions Able, Stephen L., “Inflation Uncertainty, Investment Spend ing, and Fiscal Policy,” E c o n o m ic R eview , Federal Re serve Bank of Kansas City, February 1980, pp. 3-13. Bodie, Zvi, “Hedging Against Inflation,” S lo a n M a n a g e m e n t R eview , Fall 1979, pp. 15-24. Braithwait, Steven D., “The Substitution Bias of the Laspeyeres Price Index,” An Analysis Using Estimated Costof-Living Indexes,” T he A m e r ic a n E c o n o m ic R eview , March 1980, pp. 64-77. Curtin, Richard T., “Buying Attitudes Decline,” E c o n o m ic O u tlo o k USA, Winter 1980, pp. 17-19. International Labor Organization, H o u se h o ld I n c o m e a n d E x p e n d itu r e S ta tistics, 1 9 6 8 - 1 9 7 6 , N o. 3. Geneva, Interna tional Labor Organization, 1979, 489 pp. Distributed in the United States by the Washington Branch of ILO. Mullineaux, Donald J., “Inflation Expectations and Money Growth in the United States,” T he A m e ric a n E c o n o m ic R eview , March 1980, pp. 149-61. Myers, Peter, “Keeping Up With Inflation the Canadian Way,” A cro ss th e B oard, March 1980, pp. 33-39. Sachs, Jeffrey, “The Changing Cyclical Behavior of Wages and Prices: 1890-1976,” T h e A m e r ic a n E c o n o m ic R eview , March 1980, pp. 78-90. The President’s Commission on Coal, T h e A m e ric a n C o a l M in er: A R e p o r t on C o m m u n ity a n d L iv in g C o n d itio n s in 64 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Social institutions and social change Berk, Sarah Fenstermaker, ed., W om en a n d H o u se h o ld L a b o r. Beverly Hills, Calif., Sage Publications, 1980, 295 pp. (Sage Yearbooks in Women’s Policy Studies, Vol. 5.) $20, cloth; $9.95, paper. Schroeder, Richard C., T he P o litics o f D ru gs: A n A m e r ic a n D i lem m a . 2d ed. Washington, Congressional Quarterly, Inc., 1980, 190 pp. $6.95, paper. Wages and compensation Bartel, Ann P., “Earnings Growth on the Job and Between Jobs,” E c o n o m ic In q u iry, January 1980, pp. 123-37. Brennan, E. James, “The Problem with Salary Ranges (and a Realistic Solution),” P erso n n el Jou rn al, March 1980, pp. 187-91. FitzGibbon, Geoff, “Flexible Working Hours: The Canadian Experience,” T he C a n a d ia n P erso n n el a n d I n d u s tr ia l R e la tio n s Jou rn al, January 1980, pp. 29-33. National Commission on Unemployment Compensation, B a sic S tru c tu re o f a F e d e r a l-S ta te U n e m p lo y m e n t In su ra n c e P ro g r a m a n d R e la te d S u p p o rtin g P rovision s: R esp o n ses to th e N a tio n a l C o m m issio n on U n e m p lo y m e n t C om pen sa tio n . Arlington, Va., National Commission on Unemployment Compensation, 1979, 497 pp. Petersen, Donald J., “Flexitime in the United States: The Les sons of Experience,” P ersonn el, January-February 1980, pp. 21-31. Sachs, Jeffrey D., “Wages, Profits, and Macroeconomic Ad justment: A Comparative Study,” B ro o k in g s P a p ers on E c o n o m ic A c tiv ity, 2, 1979, pp. 269-332. Current Labor Statistics N otes on Current Labor S tatistics ..................................................................................................................................... Schedule of release dates for major B LS statistical series ........................................................................... Employment data from household survey. Definitions and notes 1. 2. 3. 4. 5. 6. 7. ............................................................. Employment status of noninstitutional population, selected years, 1950-79 ................................................................ Employment status by sex, age, and race, seasonally adjusted ........................................................................................ Selected employment indicators, seasonally adjusted ........................................................................................................ Selected unemployment indicators, seasonally adjusted ..................................................................................................... Unemployment rates, by sex and age, seasonally a d ju ste d ................................................................................................ Unemployed persons, by reason for unemployment, seasonally adjusted ..................................................................... Duration of unemployment, seasonally adjusted .................................................................................. Employment, hours, and earnings data from establishment surveys. Definitions and notes 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. Employment by industry, 1950-79 ........................................................................................................................................ Employment by State ................................................................................................................................................................ Employment by industry division and major manufacturing group ................................................................................ Employment by industry division and major manufacturing group, seasonally adjusted ........................................ Labor turnover rates in manufacturing, 1977 to date ........................................................................................................ Labor turnover rates in manufacturing, by major industry group ................................................................................... Hours and earnings, by industry division, 1948-79 ........................................................................................................... Weekly hours, by industry division and major manufacturing g r o u p ............................................................................. Weekly hours, by industry division and major manufacturing group, seasonally adjusted ..................................... Hourly earnings, by industry division and major manufacturing group ........................................................................ Hourly Earnings Index, by industry division ........................................................................................................................ Weekly earnings, by industry division and major manufacturing group ........................................................................ Gross and spendable weekly earnings in current and 1967 dollars, 1960 to date ........................................................ Unemployment insurance data. Definitions and notes 21. Unemployment insurance and employment service operations ........................................................................................ ........................................................................................ Price data. Definitions and notes 22. 23. 24. 25. 26. 27. 28. 29. 30. .......................................................................................................................................... Consumer Price Indexes, 1967-79 Consumer Price Index, U.S. city average, general summary and selected items ........................................................... Consumer Price Index, cross classification of region and population size class ........................................................... Consumer Price Index, selected areas ..................................................................................................................................... Producer Price Indexes, by stage of processing ................................................................................................................... Producer Price Indexes, by commodity grouping ................................................................................................................ Producer Price Indexes, for special commodity groupings ................................................................................................ Producer Price Indexes, by durability of product ................................................................................................................ Price indexes for the output of selected SIC industries ..................................................................................................... Productivity data. D efinitions and notes 31. 32. 33. 34. ........................................................................................................................ Indexes of productivity and related data, 1950-79 Annual percent change in productivity and related data, 1969-79 ................................................................................ Indexes of productivity, hourly compensation, and unit costs ........................................................................................ Percent change in productivity, hourly compensation, and unit costs ........................................................................... Labor-management data. D efinitions and notes ........................................................................................................ 35. Wage and benefit settlements in major collective bargaining units ................................................................................ 36. Effective wage rate adjustments going into effect in major collective bargaining units ............................................. 37. Work stoppages, 1947 to date ................................................................................................................................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 66 66 67 67 68 69 70 71 71 71 72 73 73 74 75 76 76 77 78 79 80 80 81 82 83 83 84 85 85 91 92 93 94 96 96 96 99 99 100 100 101 102 102 102 103 65 NOTES ON CURRENT LABOR STATISTICS This section of the R e view presents the principal statistical se ries collected and calculated by the Bureau of Labor Statistics. A brief introduction to each group of tables provides defi nitions, notes on the data, sources, and other material usually found in footnotes. Readers who need additional information are invited to consult the BLS regional offices listed on the inside front cov er of this issue of the R eview . Some general notes applicable to several series are given below. Seasonal adjustment. Certain monthly and quarterly data are adjusted to eliminate the effect of such factors as climatic conditions, industry production schedules, opening and closing of schools, holiday buying periods, and vacation practices, which might otherwise mask short term movements of the statistical series. Tables containing these data are identified as “seasonally adjusted.” Seasonal effects are estimated on the basis of past experience. When new seasonal factors are com puted each year, revisions may affect seasonally adjusted data for sev eral preceding years. For a technical discussion of the method used to make seasonal adjustments, see “Appendix A. The BLS Seasonal Fac tor Method,” BLS Handbook of Methods for Surveys and Studies, Bul letin 1910 (Bureau of Labor Statistics, 1976), pp. 272-78, and X -ll Variant of the Census Method II Seasonal Adjustment Program, Techni cal Paper No. 15 (Bureau of the Census, 1967). Seasonally adjusted la bor force data in tables 2 - 7 were last revised in the February 1980 is sue of the Review to reflect the preceding year’s experience. Beginning in January 1980, the BLS introduced two major modifications in the seasonal adjustment methodology for labor force data. First, the data are being seasonally adjusted with a new procedure called X - l l / ARIMA, which was developed at Statistics Canada as an extension of the standard X -ll method. A detailed description of the procedure appears in The X -ll ARIMA Seasonal Adjustment Method by Estela Bee Dagum (Statistics Canada Catalogue No. 12-564E, September 1979). The second change is that seasonal factors are now being calculated for use during the first 6 months of the year, rather than for the entire year, and then are calculated at mid-year for the July-December peri od. Revisions of historical data continue to be made only at the end of each calendar year. Annual revision of the seasonally adjusted payroll data in tables 11, 13, 16, and 18 was last introduced in the November 1979 issue of the Review. New seasonal factors for productivity data in tables 33 and 34 are usually introduced in the September issue. Sea sonally adjusted indexes and percent changes from month to month and from quarter to quarter are published for numerous Consumer and Producer Price Index series. However, seasonally adjusted indexes are not published for the U.S. average All Items CPI. Only seasonally adjusted percent changes are available for this series. Adjustments for price changes. Some data are adjusted to eliminate the effect of changes in price. These adjustments are made by dividing current dollar values by the Consumer Price Index or the appropriate component of the index, then multiplying by 100. For example, given a current hourly wage rate of $3 and a current price index number of 150, where 1967 = 100, the hourly rate expressed in 1967 dollars is $2 ($3/150 X 100 = $2). The resulting values are described as “real,” “constant,” or “ 1967” dollars. Availability of information. Data that supplement the tables in this section are published by the Bureau of Labor Statistics in a variety of sources. Press releases provide the latest statistical information published by the Bureau; the major recurring releases are published according to the schedule given below. The Handbook of Labor Statis tics 1978, Bulletin 2000, provides more detailed data and greater his torical coverage for most of the statistical series presented in the Monthly Labor Review. More information from the household and es tablishment surveys is provided in Employment and Earnings, a monthly publication of the Bureau, and in two comprehensive data books issued annually— Employment and Earnings, United States and Employment and Earnings, States and Areas. More detailed informa tion on wages and other aspects of collective bargaining appears in the monthly periodical, Current Wage Developments. More detailed price information is published each month in the periodicals, the CPI Detailed Report and Producer Prices and Price Indexes. Symbols p = preliminary. To improve the timeliness of some series, preliminary figures are issued based on representative but incomplete returns. r = revised. Generally this revision reflects the availability of later data but may also reflect other adjustments, n.e.c. = not elsewhere classified. Schedule of release dates for major BLS statistical series Title and frequency Release Period Release Period MLR table (monthly except where indicated) date covered date covered number May 2 May 9 May 23 May 23 April April April April June 6 June 6 June 24 June 24 May May May May 1-11 26-30 22-25 14-20 May 28 May 28 May 30 1st quarter April April June 30 June 30 May May 31 -34 37 12-13 Employment situation............................................................ Producer Price Indexes.......................................................... Consumer Price Index .......................................................... Rea: earnings ..................................................................... Productivity and costs (quarterly): Nonfinandal corporations ................................................... Work stoppages................................................................... Labor turnover in manufacturing ............................................. 66 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis EMPLOYMENT DATA FROM THE HOUSEHOLD SURVEY E m p l o y m e n t d a t a in this section are obtained from the Current Population Survey, a program of personal interviews conducted monthly by the Bureau of the Census for the Bureau of Labor Statistics. The sample consists of about 65,000 households beginning in January 1980, selected to represent the U.S. population 16 years of age and older. Households are interviewed on a rotating basis, so that three-fourths of the sample is the same for any 2 consecutive months. Definitions Employed persons are (1) those who worked for pay any time during the week which includes the 12th day of the month or who worked unpaid for 15 hours or more in a family-operated enterprise and (2) those who were temporarily absent from their regular jobs because of illness, vacation, industrial dispute, or similar reasons. A person working at more than one job is counted only in the job at which he or she worked the greatest number of hours. Unemployed persons are those who did not work during the survey week, but were available for work except for temporary illness and had looked for jobs within the preceding 4 weeks. Persons who did not look for work because they were on layoff or waiting to start new jobs within the next 30 days are also counted among the unemployed. The unemployment rate represents the number unemployed as a percent of the civilian labor force. The civilian labor force consists of all employed or unemployed persons in the civilian noninstitutional population; the total labor force includes military personnel. Persons not in the labor force are 1. those not classified as employed or unemployed; this group includes persons retired, those engaged in their own housework, those not working while attending school, those unable to work because of longterm illness, those discouraged from seeking work because of personal or job market factors, and those who are voluntarily idle. The noninstitutional population comprises all persons 16 years of age and older who are not inmates of penal or mental institutions, sanitariums, or homes for the aged, infirm, or needy. Full-time workers are those employed at least 35 hours a week; part-time workers are those who work fewer hours. Workers on parttime schedules for economic reasons (such as slack work, terminating or starting a job during the week, material shortages, or inability to find full-time work) are amQng those counted as being on full-time status, under the assumption that they would be working full time if conditions permitted. The survey classifies unemployed persons in full-time or part-time status by their reported preferences for full-time or part-time work. Notes on the data From time to time, and especially after a decennial census, adjustments are made in the Current Population Survey figures to correct for estimating errors during the preceding years. These adjustments affect the comparability of historical data presented in table 1. A description of these adjustments and their effect on the various data series appear in the Explanatory Notes of E m p lo y m e n t a n d E a rn in g s. Data in tables 2 - 7 are seasonally adjusted, based on the seasonal experience through December 1979. Employment status of the noninstitutional population, 16 years and over, selected years, 1950-79 [Numbers in thousands] Total labor force Civilian labor force Total non Year Employed institutional population Number Percent of population Total Unemployed Nonagri- Total Agriculture cultural Not in Percent of Number Industries labor force labor force 1950 1955 1960 1964 1965 ............................................. ............................................... ...................................................... ............................. ...................................................... 106,645 112,732 119,759 127,224 129,236 63,858 68,072 72,142 75,830 77,178 59.9 60.4 60.2 59.6 59.7 62,208 65,023 69,628 73,091 74,455 58,918 62,170 65,778 69,305 71,088 7,160 6,450 5,458 4,523 4,361 51,758 55,722 60,318 64,782 66,726 3,288 2,852 3,852 3,786 3,366 5.3 4.4 5.5 5.2 4.5 42,787 44,660 47,617 51,394 52,058 1966 1967 1968 1969 1970 ............................................. ...................................................... ..................................................... ...................................................... ....................................................... 131,180 133,319 135,562 137,841 140,182 78,893 80,793 82,272 84,240 85,903 60.1 60.6 60.7 61.1 61.3 75,770 77,347 78,737 80,734 82,715 72,895 74,372 75,920 77,902 78,627 3,979 3,844 3,817 3,606 3,462 68,915 70,527 72,103 74,296 75,165 2,875 2,975 2,817 2,832 4,088 3.8 3.8 3.6 3.5 4.9 52,288 52,527 53,291 53,602 54,280 1971 1972 1973 1974 1975 ................................................. ...................................................... ................................................... ................................. ...................................................... 142,596 145,775 148,263 150,827 153,449 86,929 88,991 91,040 93,240 94,793 61.0 61.0 61.4 61.8 61.8 84,113 86,542 88,714 91,011 92,613 79,120 81,702 84,409 83,935 84,783 3,387 3,472 3,452 3,492 3,380 75,732 78,230 80,957 82,443 81,403 4,993 4,840 4,304 5,076 7,830 5.9 5.6 4.9 5.6 8.5 55,666 56,785 57,222 57,587 58,655 1976 1977 1978 1979 ..................................................... ...................................................... ...................................................... ...................................................... 156,048 158,559 161,058 163,620 96,917 99,534 102,537 104,996 62.1 62.8 63.7 64.2 94,773 97,401 100,420 102,908 87,485 90,546 94,373 96,945 3,297 3,244 3,342 3,297 84,188 87,302 91,031 93,648 7,288 6,855 6,047 5,963 7.7 7.0 6.0 5.8 59,130 59,025 58,521 58,623 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 67 MONTHLY LABOR REVIEW May 1980 • 2. C u r r e n t L a b o r S t a t is ti c s : H o u s e h o l d D a t a Employment status by sex, age, and race, seasonally adjusted [Numbers in thousands] 1979 Annual average 1980 Employment status 1978 1979 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. 161,058 102,537 158,941 100,420 94,373 3,342 91,031 6,047 6.0 58,521 163,620 104,996 161,532 102,908 96,945 3,297 93,648 5,963 5.8 58,623 162,909 104,595 160,819 102,505 96,623 3,320 93,303 5,882 5.7 58,314 163,008 104,280 160,926 102,198 96,254 3,215 93,039 5,944 5.8 58,728 163,260 104,476 161,182 102,398 96,495 3,246 93,249 5,903 5.8 58,784 163,469 104,552 161,393 102,476 96,652 3,243 93,409 5,824 5.7 58,917 163,685 105,475 161,604 103,093 97,184 3,267 93,917 5,909 5.7 58,511 163,891 105,218 161,801 103,128 97,004 3,315 93,689 6,124 5.9 58,673 164,106 105,586 162,013 103,494 97,504 3,364 94,140 5,990 5.8 58,519 164,468 105,688 162,375 103,595 97,474 3,294 94,180 6,121 5.9 58,780 164,682 105,744 162,589 103,652 97,608 3,385 94,223 6,044 5.8 58,937 164,898 106,088 162,809 103,999 97,912 3,359 94,553 6,087 5.9 58,810 67,006 53,464 51,212 2,361 48,852 2,252 4.2 13,541 68,293 54,486 52,264 2,350 49,913 2,223 4.1 13,807 67,939 54,315 52,151 2,350 49,801 2,164 4.0 13,624 67,997 54,239 52,049 2,295 49,754 2,190 4.0 13,758 68,123 54,288 52,158 2,301 49,857 2,130 3.9 13,835 68,227 54,370 52,201 2,305 49,896 2,169 4.0 13,857 68,319 54,579 52,325 2,327 49,998 2,254 4,1 13,740 68,417 54,597 52,311 2,375 49,936 2,286 4.2 13,820 68,522 54,735 52,453 2,377 50,076 2,282 4.2 13,787 68,697 54,760 52,443 2,371 50,072 2,317 4.2 13,937 68,804 54,709 52,374 2,438 49,936 2,335 4.3 14,095 75,489 37,416 35,180 586 34,593 2,236 6.0 38,073 76,860 38,910 36,698 591 36,107 2,213 5.7 37,949 76,476 38,574 36,362 595 35,767 2,212 5.7 37,902 76,532 38,415 36,216 572 35,644 2,199 5.7 38,117 76,670 38,619 36,411 577 35,834 2,208 5.7 38,051 76,784 38,653 36,457 583 35,874 2,196 5.7 38,131 76,897 39,033 36,873 585 36,288 2,160 5.5 37,864 77,006 39,304 37,000 600 36,400 2,304 5.9 37,702 77,124 39,239 37,075 628 36,447 2,164 5.5 37,885 77,308 39,362 37,112 572 36,540 2,250 5.7 37,946 16,447 9,540 7,981 395 7,586 1,559 16.3 6,907 16,379 9,512 7,984 356 7,628 1,528 16.1 6,867 16,404 9,616 8,110 375 7,735 1,506 15.7 6,788 16,397 9,544 7,989 348 7,641 1,555 16.3 6,853 16,389 9,491 7,926 368 7,558 1,565 16.5 6,898 16,381 9,453 7,994 355 7,639 1,459 15.4 6,928 16,387 9,481 7,986 355 7,631 1,495 15.8 6,906 16,377 9,227 7,693 340 7,353 1,534 16.6 7,150 16,367 9,520 7,976 359 7,617 1,544 16.2 6,847 139,580 88,456 83,836 4,620 5.2 51,124 141,614 90,602 86,025 4,577 5.1 51,011 141,063 90,260 85,754 4,506 5.0 50,648 141,123 89,996 85,497 4,499 5.0 51,200 141,331 90,120 85,632 4,488 5.0 51,313 141,492 90,215 85,775 4,440 4.9 51,213 141,661 90,659 86,120 4,539 5.0 51,107 141,822 90,759 85,976 4,783 5.3 51,161 19,361 11,964 10,537 1,427 11.9 7,397 19,918 12,306 10,920 1,386 11.3 7,612 19,755 12,238 10,860 1,378 11.3 7,504 19,802 12,191 10,767 1,424 11.7 7,627 19,850 12,219 10,816 1,403 11.5 7,674 19,901 12,260 10,887 1,373 11.2 7,629 19,943 12,386 11,023 1,363 11.0 7,579 19,979 12,343 10,982 1,361 11.0 7,639 Jan. Feb. Mar. 165,101 106,310 163,020 104,229 97,804 3,270 94,534 6,425 6.2 58,791 165,298 106,346 163,211 104,260 97,953 3,326 94,626 6,307 6.0 58,951 165,506 106,184 163,416 104,094 97,656 3,358 94,298 6,438 6.2 59,322 68,940 54,781 52,478 2,427 50,051 2,303 4.2 14,159 69,047 54,855 52,279 2,387 49,892 2,577 4.7 14,192 69,140 55,038 52,531 2,435 50,096 2,507 4.6 14,102 69,238 54,996 52,300 2,394 49,906 2,696 4.9 14,242 77,426 39,445 37,248 612 36,636 2,197 5.6 37,981 77,542 39,659 37,402 582 36,820 2,257 5.7 37,883 77,656 39,878 37,574 540 37,034 2,304 5.8 37,778 77,766 39,857 37,604 567 37,037 2,254 5.7 37,909 77,876 39,751 37,496 582 36,914 2,255 5.7 38,125 16,370 9,473 7,919 351 7,568 1,554 16.4 6,897 16,360 9,498 7,986 335 7,651 1,512 15.9 6,862 16,326 9,559 8,032 350 7,682 1,527 16.0 6,767 16,317 9,497 7,952 344 7,608 1,545 16.3 6,820 16,305 9,365 7,818 325 7,493 1,547 16.5 6,940 16,302 9,346 7,859 381 7,478 1,487 15.9 6,956 141,981 91,082 86,425 4,657 5.1 50,900 142,296 91,147 86,454 4,693 5.1 51,149 142,461 91,242 86,571 4,671 5.1 51,219 142,645 91,579 86,894 4,685 5.1 51,066 142,806 142,951 91,852 91,977 86,895 87,081 4,957 4,896 5.4 5.3 50,954 50,975 143,115 91,821 86,822 4,999 5.4 51,294 20,032 12,404 11,063 1,341 10.8 7,264 20,079 12,512 11,076 1,436 11.5 7,567 20,128 12,391 11,044 1,347 10.9 7,737 20,163 12,432 11,024 1,408 11.3 7,731 TOTAL Total nonlnstitutional population1 ........................ Total labor force ................................... Civilian noninstitutional population1 .................... Civilian labor force ............................. Employed ................................... Agriculture ........................... Nonagricultural industries ....... Unemployed ............................... Unemployment rate ...................... Not in labor force ............................... Men, 20 years and over Civilian noninstitutional population1 .................... Civilian labor force .................................. Employed ........................................ Agriculture ................................. Nonagricultural industries .............. Unemployed .................................... Unemployment rate ........................... Not in labor force .................................... Women, 20 years and over Civilian noninstitutional population1 .................... Civilian labor force .................................. Employed ........................................ Agriculture ................................. Nonagricultural industries .............. Unemployed .................................... Unemployment rate ...................... Not in labor force .................................... Both sexes, 16 -1 9 years Civilian noninstitutional population1 .................... Civilian labor force .................................. Employed ........................................ Agriculture ................................. Nonagricultural industries .............. Unemployed .................................... Unemployment rate ........................... Not in labor force .................................... White Civilian noninstitutional population1 .................... Civilian labor force .................................. Employed ........................................ Unemployed .................................... Unemployment rate ........................... Not in labor force .................................... Black and other Civilian noninstitutional population1 .................... Civilian labor force ................................... Employed ........................................ Unemployed .................................... Unemployment rate ........................... Not in labor force .................................... 1As in table 1, population figures are not seasonally adjusted. NOTE: The monthly data in this table have been revised to reflect seasonal experience through 1979. 68 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 20,214 12,453 10,979 1,474 11.8 7,761 20,261 12,362 10,937 1,424 11.5 7,899 20,301 12,266 10,823 1,443 11.8 8,035 3. Selected employment indicators, seasonally adjusted [In thousands] Annual average 1979 1980 Selected categories 1978 1979 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. 94,373 55,491 38,882 38,688 21,881 96,945 56,499 40,446 39,090 22,724 96,623 56,449 40,174 39,193 22,605 96,254 56,294 39,960 38,910 22,376 96,495 56,372 40,123 39,045 22,547 96,652 56,477 40,175 39,079 22,664 97,184 56,570 40,614 39,176 22,908 97,004 56,408 40,596 39,180 22,869 97,504 56,714 40,790 39,198 22,937 97,474 56,629 40,845 39,124 22,919 97,608 56,580 41,028 38,845 22,940 97,912 56,734 41,178 38,924 23,027 97,804 56,486 41,318 38,749 23,111 97,953 56,732 41,221 38,955 23,178 97,656 56,601 41,051 38,745 23,202 47,205 14,245 49,342 15,050 48,996 15,012 49,061 15,091 49,136 15,100 49,192 15,010 49,536 15,057 49,663 15,068 49,816 15,141 49,738 15,057 49,912 15,131 49,911 15,272 50,313 15,337 50,448 15,444 50,302 15,397 10,105 5,951 16,904 31,531 12,386 10,875 3,541 4,729 12,839 2,798 10,516 6,163 17,613 32,066 12,880 10,909 3,612 4,665 12,834 2,703 10,392 6,055 17,537 32,041 12,792 10,991 3,569 4,689 12,847 2,774 10,398 6,084 17,488 31,705 12,703 10,770 3,564 4,668 12,907 2,659 10,427 6,101 17,508 31,904 12,820 10,755 3,644 4,685 12,772 2,628 10,534 6,103 17,545 31,992 12,944 10,804 3,605 4,639 12,805 2,679 10,612 6,163 17,704 32,051 12,876 10,884 3,627 4,664 12,766 2,678 10,698 6,145 17,752 31,849 12,761 10,909 3,604 4,575 12,621 2,707 10,659 6,181 17,835 32,209 12,993 10,964 3,617 4,635 12,859 2,722 10,639 6,261 17,781 32,205 13,001 10,967 3,593 4,644 12,937 2,695 10,617 6,362 17,802 32,110 12,925 10,963 3,628 4,594 12,899 2,718 10,535 6,346 17,758 32,302 13,041 11,042 3,635 4,584 12,970 2,694 10,608 6,452 17,915 31,882 12,814 10,678 3,616 4,774 12,979 2,660 10,971 6,185 17,848 31,754 12,728 10,661 3,571 4,795 13,080 2,764 10,755 6,113 18,037 31,670 12,767 10,579 3,558 4,767 12,981 2,733 1,419 1,607 316 1,413 1,580 304 1,415 1,583 314 1,379 1,553 291 1,424 1,519 283 1,423 1,539 291 1,419 1,558 291 1,384 1,614 310 1,399 1,642 325 1,381 1,602 313 1,475 1,622 310 1,451 1,596 310 1,428 1,554 293 1,417 1,648 283 1,449 1,600 300 84,253 15,289 68,966 1,363 67,603 6,305 472 86,540 15,369 71,171 1,240 69,931 6,652 455 86,439 15,281 71,158 1,262 69,896 6,542 446 86,105 15,359 70,746 1,172 69,574 6,463 465 86,232 15,616 70,616 1,195 69,421 6,608 460 86,309 15,318 70,991 1,235 69,756 6,629 474 86,454 15,393 71,061 1,219 69,842 6,752 519 86,421 15,279 71,142 1,211 69,931 6,689 450 86,912 15,407 71,505 1,313 70,192 6,731 449 86,982 15,423 71,559 1,261 70,298 6,812 430 87,020 15,358 71,662 1,211 70,451 6,781 417 87,384 15,397 71,987 1,228 70,759 6,737 409 87,578 15,414 72,163 1,132 71,031 6,752 379 87,419 15,540 71,879 1,178 70,702 6,899 397 87,221 15,622 71,599 1,115 70,484 6,825 376 85,693 70,543 3,216 1,249 1,967 11,934 88,133 72,647 3,281 1,325 1,956 12,205 87,847 72,529 3,211 1,254 1,957 12,107 86,608 71,659 3,279 1,287 1,992 11,670 87,785 72,496 3,283 1,273 2,010 12,006 87,749 72,243 3,284 1,322 1,962 12,222 88,769 72,915 3,274 1,334 1,940 12,580 88,855 73,053 3,298 1,401 1,897 12,504 88,723 73,159 3,167 1,273 1,894 12,397 88,638 73,204 3,315 1,354 1,961 12,119 88,617 72,997 3,392 1,413 1,979 12,228 89,180 73,137 3,519 1,491 2,028 12,524 89,454 73,223 3,513 1,549 1,964 12,718 88,985 73,110 3,406 1,380 2,026 12,469 88,585 72,749 3,418 1,463 1,955 12,418 CHARACTERISTIC Total employed, 16 years and over .................... Men ...................................................... Women................................................... Married men, spouse present ...................... Married women, spouse present.................. OCCUPATION White-collar workers........................................ Professional and technical ......................... Managers and administrators, except farm ................................................... Salesworkers............................................ Clerical workers........................................ Blue-collar workers.......................................... Craft and kindred workers ......................... Operatives, except transport........................ Transport equipment operatives .................. Nonfarm laborers...................................... Service workers............................................. Farmworkers ................................................. MAJOR INDUSTRY AND CLASS OF WORKER Agriculture: Wage and salary workers........................... Self-employed workers............................... Unpaid family workers ............................... Nonagricultural Industries: Wage and salary workers........................... Government ...................................... Private industries................................. Private households ........................ Other industries ........................... Self-employed workers............................... Unpaid family workers ............................... PERSONS AT W O R K 1 Nonagricultural industries ................................. Full-time schedules .................................. Part time for economic reasons.................... Usually work full time....... .................... Usually work part time......................... Part time for noneconomic reasons.............. 'Excludes persons "with a job but not at work" during the survey period for such reasons as vacation, illness, or industrial disputes. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NOTE: The monthly data In this table have been revised to reflect seasonal experience through 1979. 69 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Household Data 4. Selected unemployment indicators, seasonally adjusted [Unemployment rates] 1979 Annual average 1980 Selected categories 1978 1979 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Total, 16 years and over.................................. Men, 20 years and over............................. Women, 20 years and over ........................ Both sexes, 16-19 years ......................... 6.0 4.2 6.0 16.3 5.8 4.1 5.7 16.1 5.7 4.0 5.7 15.7 5.8 4.0 5.7 16.3 5.8 3.9 5.7 16.5 5.7 4.0 5.7 15.4 5.7 4.1 5.5 15.8 5.9 4.2 5.9 16.6 5.8 4.2 5.5 16.2 5.9 4.2 5.7 16.4 5.8 4.3 5.6 15.9 5.9 4.2 5.7 16.0 6.2 4.7 5.8 16.3 6.0 4.6 5.7 16.5 6.2 4.9 5.7 15.9 White, total............................................. Men, 20 years and over ...................... Women, 20 years and over.................. Both sexes, 16-19 years .................... 5.2 3.7 5.2 13.9 5.1 3.6 5.0 13.9 5.0 3.4 5.0 13.6 5.0 3.5 5.0 13.9 5.0 3.4 5.0 14.2 4.9 3.5 4.9 13.2 5.0 3.6 4.8 13.8 5.3 3.7 5.2 14.8 5.1 3.7 4.8 14.3 5.1 3.7 5.0 14.1 5.1 . 3.7 4.9 13.9 5.1 3.7 5.0 13.9 5.4 4.1 5.1 14.0 5.3 4.0 5.2 13.8 5.4 4.4 4.9 13.8 Black and other, total................................. Men, 20 years and over ...................... Women, 20 years and over .................. Both sexes, 16-19 years .................... 11.9 8.6 10.6 36.3 11.3 8.4 10.1 33.5 11.3 8.7 10.0 31.5 11.7 8.6 10.5 34.3 11.5 8.4 10.0 36.1 11.2 8.1 10.4 33.5 11.0 8.4 10.0 31.5 11.0 8.1 10.3 32.6 10.8 8.0 9.8 32.3 11.5 8.6 10.2 35.1 10.9 8.4 9.5 32.8 11.3 8.6 10.0 34.3 11.8 9.6 10.0 34.6 11.5 9.2 9.0 37.9 11.8 9.3 10.5 33.0 Married men, spouse present...................... Married women, spouse present.................. Women who head families......................... Full-time workers...................................... Part-time workers .................................... Unemployed 15 weeks and over.................. Labor force time lost1 ............................... 2.8 5.5 8.5 5.5 9.0 1.4 6.5 2.7 5.1 8.3 5.3 8.7 1.2 6.3 2.6 5.2 8.2 5.2 9.0 1.3 6.2 2.7 5.2 8.3 5.3 8.7 1.2 6.4 2.5 5.2 8.6 5.2 9.3 1.2 6.3 2.7 5.1 9.0 5.2 8.6 1.1 6.3 2.8 4.9 8.1 5.3 8.3 1.0 6.4 2.9 5.3 7.9 5.4 8.8 1.1 6.4 2.9 4.8 7.7 5.3 8.4 1.1 6.2 2.9 5.2 8.4 5.4 8.9 1.2 6.4 2.9 4.8 8.4 5.4 8.3 1.1 6.4 2.8 5.0 8.4 5.4 8.5 1.2 6.4 3.4 5.2 9.2 5.7 8.7 1.3 6.7 3.1 5.4 8.5 5.6 8.9 1.2 6.6 3.4 5.3 8.7 5.8 8.3 1.3 6.8 3.5 2.6 3.3 2.4 3.3 2.2 3.3 2.3 3.2 2.1 3.4 2.5 3.3 2.5 3.5 2.5 3.3 2.4 3.4 2.7 3.2 2.4 3.3 2.3 3.4 2.2 3.4 2.3 3.3 2.3 2.1 4.1 4.9 6.9 4.6 8.1 5.2 10.7 7.4 3.8 2.1 3.9 4.6 6.9 4.5 8.4 5.4 10.8 7.1 3.8 2.1 4.1 4.8 6.6 4.5 7.8 5.2 10.2 7.3 3.3 2.3 4.0 4.5 6.9 4.4 8.5 5.9 10.6 7.3 3.4 2.2 4.0 4.5 6.8 4.2 8.2 5.4 11.1 7.2 3.6 2.1 4.4 4.6 6.6 4.3 7.7 5.7 10.6 7.2 3.2 2.0 3.5 4.5 6.8 4.4 8.3 5.1 11.0 7.1 4.2 2.3 4.0 4.9 7.3 4.7 8.9 6.2 11.3 7.1 3.9 2.2 3.8 4.5 7.1 4.3 9.0 6.1 11.0 6.7 4.1 2.2 3.8 4.7 7.2 4.6 9.1 5.6 10.7 6.8 4.3 1.9 3.7 4.4 7.5 4.9 9.0 5.2 12.2 6.6 4.5 2.0 3.8 4.6 7.2 4.4 9.0 5.0 12.2 6.6 4.3 1.9 4.4 4.8 8.0 4.9 9.9 6.9 123 6.9 4.4 2.2 4.5 4.7 7.7 4.8 9.2 6.7 12.0 6.9 3.9 2.4 4.0 4.5 8.0 5.4 9.3 6.6 130 7.1 4.0 5.9 10.6 5.5 4.9 6.3 3.7 6.9 5.1 3.9 8.8 5.7 10.2 5.5 5.0 6.4 3.7 6.5 4.9 3.7 9.1 5.6 10.1 5.2 4.4 6.4 3.9 6.3 4.8 4.1 8.0 5.7 10.5 5.3 4.7 6.3 3.0 6.6 4.8 3.7 8.7 5.7 10.0 5.4 4.4 6.9 3.6 6.4 4.9 3.6 9.3 5.6 10.0 5.4 4.9 6.3 3.1 6.7 4.7 3.6 7.8 5.7 10.0 5.7 5.4 6.2 3.8 6.3 4.9 3.6 9.7 6.0 10.1 5.9 5.4 6.8 3.7 6.5 5.2 3.7 9.9 5.8 9.6 6.0 5.3 7.1 4.0 6.4 4.7 3.3 10.0 5.9 9.9 6.0 5.5 6.8 3.8 6.4 4.9 4.0 9.9 5.8 10.2 5.9 5.6 6.3 4.2 6.5 4.6 3.6 10.1 5.8 10.3 5.9 5.5 6.4 4.1 6.4 4.7 3.6 9.4 6.2 10.8 6.7 6.7 6.8 4.4 6.6 4.6 3.8 10.3 6.0 10.5 6.4 6.3 6.7 4.4 6.4 4.6 4.0 9.2 6.2 13.0 6.5 6.4 6.7 3.8 6.3 4.9 4.2 10.2 CHARACTERISTIC OCCUPATION White-collar workers ...................................... Professional and technical ...................... Managers and administrators, except farm ................................................... Salesworkers .......................................... Clerical workers ...................................... Blue-collar workers ........................................ Craft and kindred workers ......................... Operatives, except transport ...................... Transport equipment operatives .................. Nonfarm laborers .................................... Service workers............................................. Farmworkers................................................. INDUSTRY Nonagricultural private wage and salary workers2 Construction ............................................ Manufacturing.......................................... Durable goods .................................. Nondurable goods............................... Transportation and public utilities ................ Wholesale and retail trade......................... Finance and service industries .................... Government workers ...................................... Agricultural wage and salary workers ................ ' Aggregate hours lost by the unemployed and persons on part time for economic reasons as a percent of potentially available labor force hours. 2Includes mining, not shown separately. 70 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NOTE: The monthly data in this table have been revised to reflect seasonal experience through 1979. 5. Unemployment rates, by sex and age, seasonally adjusted Annual average 1979 Sex and age 1980 1978 1979 Mar. Apr. May June July Aug. Sept O ct Nov. Dec. Jan. Feb. Mar. Total, 16 years and over................................... 16 to 19 years ........................................ 16 to 17 years ................................... 18 to 19 years ................................... 20 to 24 years ........................................ 25 years and over.................................... 25 to 54 years ................................... 55 years and over............................... 6.0 16.3 19.3 14.2 9.5 4.0 4.2 3.2 5.8 16.1 18.1 14.6 9.0 3.9 4.1 3.0 5.7 15.7 18.5 13.5 8.8 3.9 4.1 3.1 5.8 16.3 18.7 14.3 8.6 4.0 4.2 3.1 5.8 16.5 18.9 15.0 8.9 3.9 4.0 3.1 5.7 15.4 17.5 14.4 8.9 3.9 4.1 2.9 5.7 15.8 17.3 14.5 9.1 3.9 4.0 3.2 5.9 16.6 18.5 15.4 9.3 4.0 4.2 3.1 5.8 16.2 16.9 15.6 9.2 3.9 4.1 2.9 5.9 16.4 18.4 15.0 9.6 4.0 4.2 3.0 5.8 15.9 17.3 14.7 8.8 4.0 4.3 2.7 5.9 16.0 18.0 14.5 9.8 3.8 4.1 2.7 6.2 16.3 19.0 14.0 10.1 4.2 4.4 3.5 6.0 16.5 18.7 15.1 9.5 4.1 4.5 2.8 6.2 15.9 17.4 14.7 9.7 4.4 4.7 2.8 Men, 16 years and over............................. 16 to 19 years ................................... 16 to 17 years............................. 18 to 19 years............................. 20 to 24 years ................................... 25 years and over............................... 25 to 54 years............................. 55 years and over ........................ 5.2 15.7 19.2 13.2 9.1 3.3 3.4 3.1 5.1 15.8 17.9 14.2 8.6 3.3 3.4 2.9 5.0 15.8 18.9 13.6 8.3 3.2 3.3 2.8 5.1 16.0 17.9 14.1 8.0 3.3 3.3 3.0 5.0 16.1 18.9 14.0 8.2 3.1 3.2 2.8 4.9 14.5 16.8 14.0 8.3 3.2 3.2 3.1 5.1 15.4 16.1 14.8 8.8 3.3 3.4 3.3 5.2 16.3 18.0 15.1 8.8 3.4 3.5 3.1 5.2 16.1 16.7 15.3 8.8 3.3 3.6 2.8 5.2 15.7 17.1 14.4 9.5 3.4 3.5 2.8 5.2 15.8 17.8 14.0 8.4 3.5 3.8 2.6 5.2 15.6 17.9 13.6 9.4 3.2 3.4 2.6 5.7 16.2 19.0 13.9 10.4 3.7 3.8 3.5 5.5 15.6 18.0 14.1 9.9 3.6 3.8 2.6 5.7 14.8 15.9 14.0 10.4 3.9 4.2 2.7 Women, 16 years and over ........................ 16 to 19 years ................................... 16 to 17 years............................. 18 to 19 years............................. 20 to 24 years ................................... 25 years and over............................... 25 to 54 years............................. 55 years and over ........................ 7.2 17.0 19.5 15.3 10.1 5.1 5.4 3.3 6.8 16.4 18.3 15.0 9.6 4.8 5.2 3.2 6.8 15.5 18.0 13.3 9.5 4.9 5.3 3.6 6.9 16.6 19.6 14.5 9.4 4.9 5.3 3.2 6.9 16.9 18.8 16.0 9.7 4.9 5.2 3.6 6.8 16.5 18.3 14.9 9.7 4.8 5.2 2.8 6.6 16.2 18.6 14.2 9.4 4.7 5.0 3.1 7.0 17.0 19.0 15.7 9.8 4.9 5.3 3.2 6.6 16.4 17.2 15.9 9.6 4.6 5.0 2.9 6.9 17.2 19.8 15.6 9.7 4.9 5.2 3.4 6.6 16.1 16.7 15.5 9.3 4.7 5.0 2.9 6.8 16.4 18.0 15.5 10.2 4.7 5.1 2.9 6.8 16.3 19.1 14.2 9.8 4.9 5.2 3.4 6.8 17.6 19.5 16.2 9.1 4.9 5.4 3.0 6.8 17.3 19.2 15.6 9.0 5.0 5.5 2.9 6. Unemployed persons, by reason for unemployment, seasonally adjusted [Numbers in thousands] 1979 Reason for unemployment 1980 Mar. Apr. May June July Aug. S ep t O ct Nov. Dec. Jan. Feb. Mar. 2,457 791 1,666 864 1,766 808 2,520 839 1,681 847 1,778 800 2,356 725 1,631 940 1,767 824 2,449 816 1,633 857 1,753 781 2,526 797 1,729 846 1,762 726 2,680 915 1,765 875 1,788 745 2,632 855 1,777 825 1,760 801 2,731 929 1,802 835 , 1,762 804 2,729 987 1,742 845 1,698 736 2,728 944 1,784 800 1,771 858 2,988 1,019 1,969 779 1,797 811 2,907 1,031 1,876 813 1,784 827 3,047 1,129 1,918 788 1,803 805 100.0 41.7 13.4 28.3 14.7 30.0 13.7 100 0 42.4 14.1 28.3 14.2 29.9 13.5 100.0 40.0 12.3 27.7 16.0 30.0 14.0 100.0 41.9 14.0 28.0 14.7 30.0 13.4 100.0 43.1 13.6 29.5 14.4 30.1 12.4 100.0 44.0 15.0 29.0 14.4 29.4 12.2 100.0 43.7 14.2 29.5 13.7 29.2 13.3 100.0 44.5 15.2 29.4 13.6 28.7 13.1 100.0 45.4 16.4 29.0 14.1 28.3 12.3 100.0 44.3 15.3 29.0 13.0 28.8 13.9 100.0 46.9 16.0 30.9 12.2 28.2 12.7 100.0 45.9 16.3 29.6 12.8 28.2 13.1 100.0 47.3 17.5 29.8 12.2 28.0 12.5 2.4 .8 1.7 .8 2.5 .8 1.7 .8 2.3 .9 1.7 .8 2.4 .8 1.7 .8 2.5 .8 1.7 .7 2.6 .8 1.7 .7 2.5 .8 1.7 .8 2.6 .8 1.7 .8 2.6 .8 1.6 .7 2.6 .8 1.7 .8 2.9 .7 1.7 .8 2.8 .8 1.7 .8 2.9 .8 1.7 .8 NUMBER OF UNEMPLOYED Lost last job .......................................................... On layoff .......................................... Other job losers ................................................... Left ast jo b ....................................................... Reentered labor force ............................... Seeking first job .................................... PERCENT DISTRIBUTION Total unemployed ......................... Job losers................................... On layoff ................................................... Other job losers .................................... Job leavers.......................................... Reentrants ............................... New entrants.................................. UNEMPLOYED AS A PERCENT OF THE CIVILIAN LABOR FORCE Job losers............................................ Job leavers....................................................... Reentrants ..................................................... New entrants..................................................... 7. Duration of unemployment, seasonally adjusted [Numbers in thousands] Annual average 1979 W eeks of unemployment Less than 5 weeks.......................................... 5 to 14 weeks............................................ 15 weeks and over ........................................ 15 to 26 weeks........................................ 27 weeks and over .................................. Average (mean) duration, in weeks .................... 1978 1979 2,793 1,875 1,379 746 633 11.9 2,869 1,892 1,202 684 518 10.8 1980 Mar. Apr. May June July Aug. S ep t O ct Nov. Dec. Jan. Feb. Mar. 2,769 1,860 1,291 729 562 11.8 2,876 1,884 1,223 687 536 11.0 2,823 1,919 1,212 705 507 10.9 2,880 1,808 1,152 656 496 10.5 2,820 1,934 1,067 615 452 10.1 3,168 1,738 1,185 658 527 10.7 2,778 2,035 1,152 644 508 10.7 2,955 1,963 1,195 678 517 10.5 2,919 1,869 1,191 660 531 10.6 2,916 1,966 1,230 711 519 10.5 3,184 1,907 1,334 795 539 10.5 2,995 2,081 1,286 790 496 10.7 2,995 2,169 1,363 776 587 11.0 NOTE: The monthly data in these tables have been revised to reflect seasonal experience through 1979. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 71 EMPLOYMENT, HOURS, AND EARNINGS DATA FROM ESTABLISHMENT SURVEYS E m p l o y m e n t , h o u r s , a n d e a r n i n g s d a t a in this section are compiled from payroll records reported monthly on a volun tary basis to the Bureau of Labor Statistics and its cooperat ing State agencies by 162,000 establishments representing all industries except agriculture. In most industries, the sampling probabilities are based on the size of the establishment; most large establishments are therefore in the sample. (An estab lishment is not necessarily a firm; it may be a branch plant, for example, or warehouse.) Self-employed persons and others not on a regular civilian payroll are outside the scope of the survey because they are excluded from establishment records. This largely accounts for the difference in employment figures between the household and establishment surveys. L a b o r t u r n o v e r d a t a in this section are compiled from per sonnel records reported monthly on a voluntary basis to the Bureau of Labor Statistics and its cooperating State agencies. A sample of 40,000 establishments represents all industries in the manufacturing and mining sectors of the economy. Bureau of Labor Statistics computes spendable earnings from gross weekly earnings for only two illustrative cases: (1) a worker with no dependents and (2) a married worker with three dependents. Hours represent the average weekly hours of production or nonsupervisory workers for which pay was received and are different from standard or scheduled hours. Overtime hours represent the por tion of gross average weekly hours which were in excess of regular hours and for which overtime premiums were paid. Labor turnover is the movement of all wage and salary workers from one employment status to another. Accession rates indicate the average number of persons added to a payroll in a given period per 100 employees; separation rates indicate the average number dropped from a payroll per 100 employees. Although month-to-month changes in employment can be calculated from the labor turnover data, the re sults are not comparable with employment data from the employment and payroll survey. The labor turnover survey measures changes dur ing the calendar month while the employment and payroll survey measures changes from midmonth to midmonth. Notes on the data Definitions Employed persons are all persons who received pay (including holi day and sick pay) for any part of the payroll period including the 12th of the month. Persons holding more than one job (about 5 per cent of all persons in the labor force) are counted in each establish ment which reports them. Production workers in manufacturing include blue-collar worker supervisors and all nonsupervisory workers closely associated with production operations. Those workers mentioned in tables 14-20 in clude production workers in manufacturing and mining; construction workers in construction; and nonsupervisory workers in transporta tion and public utilities, in wholesale and retail trade, in finance, in surance, and real estate, and in service industries. These groups account for about four-fifths of the total employment on private nonagricultural payrolls. Earnings are the payments production or nonsupervisory workers receive during the survey period, including premium pay for overtime or late-shift work but excluding irregular bonuses and other special payments. Real earnings are earnings adjusted to eliminate the effects of price change. The Hourly Earnings Index is calculated from aver age hourly earnings data adjusted to exclude the effects of two types of changes that are unrelated to underlying wage-rate developments: fluctuations in overtime premiums in manufacturing (the only sector for which overtime data are available) and the effects of changes and seasonal factors in the proportion of workers in high-wage and lowwage industries. Spendable earnings are earnings from which estimat ed social security and Federal income taxes have been deducted. The 72 « https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Establishment data collected by the Bureau of Labor Statistics are periodically adjusted to comprehensive counts of employment (called “benchmarks”). The latest complete adjustment was made with the re lease of September 1979 data, published in the November 1979 issue of the Review. Consequently, data published in the Review prior to that issue are not necessarily comparable to current data. Complete compa rable historical unadjusted and seasonally adjusted data are published in a Supplement to Employment and Earnings (unadjusted data from April 1977 through June 1979 and seasonally adjusted data from Jan uary 1974 through June 1979) and in Employment and Earnings, Unit ed States, 1909-78, BLS Bulletin 1312-11 (for prior periods). Data on recalls were shown for the first time in tables 12 and 13 in the January 1978 issue of the Review. For a detailed discussion of the recalls series, along with historical data, see “New Series on Recalls from the Labor Turnover Survey,” Employment and Earnings, Decem ber 1977, pp. 10-19. A comprehensive discussion of the differences between household and establishment data on employment appears in Gloria P. Green, “Comparing employment estimates from household and payroll sur veys,” Monthly Labor Review, December 1969, pp. 9-2 0 . See also BLS Handbook of Methods for Surveys and Studies, Bulletin 1910 (Bu reau of Labor Statistics, 1976). The formulas used to construct the spendable average weekly earn ings series reflect the latest provisions of the Federal income tax and social security tax laws. For the spendable average weekly earnings formulas for the years 1978-80, see Employment and Earnings, March 1980, pp. 10-11. Real earnings data are adjusted using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). 8. Employment by industry, 1950-79 [Nonagricultural payroll data, in thousands] Total Mining Construc tion Manufac turing Trans Whole portation sale and and public retail utilities trade Retail trade trade 45,197 901 2,364 15,241 4,034 9,386 2,635 6,751 1951 1952 1953 1954 1955 47,819 48,793 50,202 48,990 50,641 929 898 866 791 792 2,637 2,659 2,646 2,839 16,393 16,632 17,549 16,314 16,882 4,226 4,248 4,290 4,084 4,141 9,742 10,004 10,247 10,235 10,535 2,727 2,812 2,854 2,867 2,926 7,015 7,192 7,393 7.368 7,610 1956 1957 1958 1959' 1960 52,369 52,853 51,324 53,268 54,189 822 828 751 732 712 3,039 2,962 2,817 3,004 2,926 17,243 17,174 15,945 16,675 16,796 4,244 4,241 3,976 4,011 4,004 10,858 10,750 11,127 11,391 3,018 3,028 2,980 3,082 3,143 7,840 7,858 7,770 8,045 8,248 1961 1962 1963 1964 1965 . 53,999 55,549 56,653 58,283 60,765 672 650 635 634 632 2,859 2,948 3,010 3.097 3,232 16,326 16,853 16,995 17,274 18,062 3.903 3,906 3.903 3,951 4,036 11,337 11,566 11,778 12,160 12,716 3,133 3,198 3,248 3,337 3,466 8,204 8.368 8,530 8,823 9,250 1966 1967 1968 1969 1970 . . 63,901 65,803 67,897 70,384 70,880 627 613 606 619 623 3,317 3,248 3,350 3.575 3,588 19,214 19,447 19,781 20,167 19,367 4,158 4,268 4,318 4,442 4,515 13,245 13.606 14,099 14,705 15,040 3,597 3,689 3,779 3,907 3,993 1971 1972 1973 1974 1975 . . . . . 71,214 73,675 76,790 78,265 76,945 609 628 642 697 752 3,704 3,889 4.097 4,020 3,525 18,623 19,151 20,154 20,077 18,323 4,476 4.541 4,656 4,725 4.542 15,352 15,949 16.607 16,987 17,060 1976 1977 1978 1979 . . . . 79,382 82,423 86,446 89,482 779 813 851 957 3.576 3,851 4,271 4,644 18,997 19,682 20,476 20,972 4,582 4,713 4,927 5,154 17,755 18,516 19,499 20,137 . . 10,886 insur ance, Services Federal and real estate 1950 2,668 Government Finance, Wholesale State and local 1,888 5,357 6,026 1,928 4,098 1,956 2,035 2,298 5,547 5,699 5,835 5,969 6,240 6,389 6,609 6,645 6,751 6,914 2,302 2,420 2,305 2,188 2,187 4,087 4,188 4,340 4,563 4,727 2,389 2,438 2,481 2,549 2,629 6.497 6,708 6,765 7,087 7,378 7,278 7,616 7,839 8,083 8,353 2,209 2,217 2,191 2,233 2,270 5,069 5,399 5,648 5,850 6,083 2,688 2,754 2,830 2,911 2,977 7,620 7,982 8,277 8,660 9,036 8,594 8,890 9,225 9,596 10,074 2,279 2,340 2,358 2,348 2,378 6,868 9,648 9,917 10,320 10,798 11,047 3,058 3,185 3,337 3,512 3,645 9.498 10,045 10,567 11,169 11,548 10,784 11,391 11,839 12,195 12,554 2,564 2,719 2,737 2,758 2,731 8,220 4,001 4,113 4,277 4,433 4,415 11,351 11,836 12,329 12,554 12,645 3,772 3,908 4,046 4,148 4,165 11,797 12,276 12,857 13,441 13,892 12,881 13,334 13,732 14,170 14,686 2,696 2,684 2,663 2,724 2,748 10,185 10,649 11,068 11,446 11,937 4,546 4,708 4,957 5,170 13,209 13,808 14,542 14,966 4,271 4,467 4,727 4,963 14,551 15,303 16,220 17,043 14,871 15,079 15,476 15,612 2,733 2,727 2,753 2,773 12,138 12,352 12,723 12,839 2,111 2,200 6,315 6,550 7,248 7,696 8,672 9,102 9,437 9,823 'Data include Alaska and Hawaii beginning in 1959. 9. Employment by State [Nonagricultural payroll data, in thousands] Feb. 1979 Jan. 1980 Feb. 1980 p Alabama ........... Alaska .............. Arizona ............ Arkansas ........... California........... 1.339.9 155.1 957.8 727.0 9.412.2 1.362.2 158 0 995.2 744.9 9.726.2 1,366.3 159.5 1,001.7 746.2 9,728.2 Montana............................. Nebraska................................ Nevada ............................. New Hampshire' .................... New Jersey' .................... Colorado ........... Connecticut' ....... Delaware............ District of Columbia Florida................ 1.178.9 1.363.2 247.0 602.5 3.339.2 1.232.7 1.401.2 252.4 611.5 3,4989 1,237.1 1,397.7 255.3 611.9 3,525.7 New Mexico........................ New York....................... North Carolina ...................... North Dakota ....................... Ohio ............................... Georgia.............. Hawaii................ Idaho.................. Illinois ................ Indiana................ 2.080.2 392.2 324.4 4,859.3 2.206.9 2,123.4 403.5 331.4 4.674.8 2.207.8 2,132.4 407.6 329.1 4,684.7 2,195.4 Iowa .................. Kansas .............. Kentucky............. Louisiana............. Maine ................ 1.101.5 920.1 1.207.8 1,476.2 397.5 1,118.6 947.7 1.229.8 1.511.8 406.7 Maryland............ Massachusetts1 ... Michigan ............. Minnesota1 ......... Mississippi ........... Missouri.............. 1.572.8 2,525.7 3.620.6 1,702.1 820.3 1,942.0 1.599.2 2.609.3 3,506.1 1,762.0 835.9 1.961.4 State Feb. 1979 268.5 606.6 365.1 Jan. 1980 Feb. 1980 2,940.6 277.8 616.9 388.6 375.0 3,002.0 2,995,4 445.9 7,010.5 2,326.4 230.4 4,391.6 462.9 7,086.8 2,395.2 240.2 4,413.1 466.2 7,104.3 2,391.1 239,4 4,402.6 Oklahoma ........................... Oregon ...................................... Pennsylvania ............................. Rhode Island .................................. South Carolina ......................... 1,049.8 1,011.7 4,694.5 391.0 1,149.1 1,104.3 1,042.7 4,779.1 391.7 1,184.1 1,107.6 1,047.9 4,752.2 390.5 1,186.8 1,117.7 943.2 1,216.8 1,508.3 407.7 South Dakota............................. Tennessee.............. .............. Texas ...................................... Utah ................................. Vermont............................... 230.1 1,734.7 5,447.5 532.8 192.7 234.0 1,777.6 5,711.1 560.7 199.2 234.1 1,775.9 5,711.2 563.0 200.9 1,600.4 2,614.3 3,495.5 1,766.2 835.2 1,959.7 Virginia.................................... Washington' .................................. West Virginia ............................. Wisconsin........................... Wyoming .................................... 2,028.7 2,097.2 1,589.0 633.6 1,950.3 206.9 2,086.4 621.3 1,892.1 187.2 276.8 617.7 391.1 629.3 1,956.6 208.1 ' Revised series; not strictly comparable with previously published data. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 73 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Establishment Data 10. Employment by industry division and major manufacturing group [Nonagricultural payroll data, in thousands] 1980 1979 Annual average Industry division and group 1978 1979 Mar. Apr. May June July Aug. S ep t O ct Nov. Dec. Jan. Feb." M ar.p ................................................................... 86,446 89,482 88,207 88,820 89,671 90,541 89,618 89,673 90,211 90,678 90,902 91,009 89,285 89,346 89,774 ........................................................................ 851 957 926 932 944 968 976 986 980 982 984 984 982 977 991 4,976 4,879 4,711 4,350 4,260 4,301 TOTAL MINING ....................................................... 4,271 4,644 4,226 4,413 4,662 4,881 4,993 5,048 4,984 MANUFACTURING ..................................................... 20,476 14,714 20,972 15,010 20,887 14,993 20,907 15,002 20,988 15,061 21,234 15,240 20,965 14,946 20,996 14,960 21,192 15,172 21,094 15,082 20,966 14,954 20,902 14,891 20,699 14,674 20,645 14,608 20,667 14,641 Production workers .................................. 12,246 8,786 12,690 9,053 12,664 9,081 12,697 9,105 12,739 9,129 12,877 9,223 12,712 9,031 12,598 8,907 12,805 9,116 12,737 9,058 12,661 8,983 12,649 8,971 12,525 8,825 12,515 8,808 12,532 8,827 Lumber and wood products ........................ Furniture and fixtures................................. Stone, clay, and glass products .................. Primary metal industries............................. Fabricated metal products ......................... Machinery, except electrical....................... Electric and electronic equipment ................ Transportation equipment........................... Instruments and related products ................ Miscellaneous manufacturing ...................... 752.4 491.1 698.0 1,212.7 1,673.4 2,319.2 1,999.5 1,991.7 653.5 454.0 758.4 487.3 710.8 1,243.9 1,727.2 2,462.5 2,108.7 2,048.3 690.4 452.4 745.5 491.8 697.2 1,251.1 1,719.8 2,459.5 2,082.6 2,083.9 683.2 449.0 748.8 487.8 706.6 1,259.0 1,723.7 2,468.0 2,086.1 2,082.2 686.5 448.0 763.8 483.9 718.6 1,258.6 1,727.8 2,463.6 2,095.2 2,091.8 686.5 448.9 783.2 484.2 733.1 1,274.3 1,749.0 2,491.2 2,128.2 2,077.9 698.8 457.4 776.8 475.5 727.1 1,260.7 1,715.7 2,485.1 2,111.7 2,027.7 692.9 438.6 780.0 483.5 728.2 1,244.5 1,716.1 2,467.1 2,089.5 1,933.2 695.3 460.6 776.3 485.3 723.6 1,244.3 1,735.3 2,496.4 2,136.1 2,051.0 692.7 463.8 771.3 487.6 721.0 1,225.1 1,738.3 2,447.2 2,143.7 2,040.9 695.4 466.9 748.9 488.7 712.9 1,216.7 1,738.2 2,440.9 2,146.3 2,009.7 695.9 462.8 729.2 4869 699.6 1,204.4 1,730.4 2,455.8 2,153.1 2,043.4 699.8 446.4 709.2 484.4 680.8 1,201.6 1,703.8 2,522.5 2,144,5 1,943.6 698.9 435.9 706.8 480,1 677.7 1,199.1 1,705.9 2,522.8 2,139.2 1,946.0 700.6 437.2 702.7 480.7 681.9 1,196.9 1,708.9 2,526.9 2,139.5 1,947.8 704.6 442.2 Production workers .................................. 8,230 5,928 8,283 5,957 8,223 5,912 8,210 5,897 8,249 5,932 8,357 6,017 8,253 5,915 8,398 6,053 8,387 6,056 8,357 6,024 8,305 5,971 8,253 5,920 8,174 5,849 8,130 5,800 8,135 5,814 Food and kindred products......................... Tobacco manufactures ............................. Textile mill products.................................. Apparel and other textile products .............. Paper and allied products ......................... Printing and publishing............................... Chemicals and allied products .................... Petroleum and coal products ...................... Rubber and miscellaneous plastics products Leather and leather products ...................... 1,721.2 69.6 900.2 1,332.5 700.9 1,193.1 1,096.3 208.7 751.9 255.6 1,716.3 66.2 891.9 1,313.1 714.1 1,242.9 1,112.7 213.8 767.5 243.8 1,666.9 64.4 894.4 1,326.6 708.8 1,229.5 1,103.9 208.3 774.4 245.7 1,657.3 62.5 890.4 1,323.7 710.8 1,231.0 1,106.7 210.8 772.0 245.1 1,669.6 61.9 892.5 1,327.5 712.7 1,234.7 1,110.9 212.9 777.0 249.2 1,716.6 62.1 900.4 1,333.1 724.6 1,243.4 1,126.6 216.8 779.4 253.7 1,737.8 62.1 875.5 1,278.7 719.6 1,245.8 1,123.0 218 0 767.4 224.7 1,810.0 69.0 890.4 1,308.9 723.3 1,245.4 1,121.2 218.3 765.8 245.8 1,814.1 72.2 888.9 1,309.1 718.5 1,246.1 1,114.9 218.1 762.0 243.1 1,766.8 71.9 889.8 1,317.0 717.7 1,254.5 1,115.0 218.1 762.6 243.1 1,725.0 64.8 893.9 1,306.2 715.9 1,265.6 1,115.2 217.2 757.6 243.2 1,695.9 66.7 893.5 1,292.0 714.0 1,272.0 1,115.6 214.9 747.5 240.7 1,650.5 65.1 8874 1,284.4 711.8 1,269.5 1,113.9 213.1 742.2 236.1 1,636.4 63.3 887.7 1,306.8 710.1 1,274.0 1,114.3 162.3 737.4 237.8 1,623.9 60.6 889.9 1,317.3 7101 1,277.4 1,117.1 161.7 738.4 238.1 4,927 5,154 5,060 4,989 5,125 5,231 5,200 5,210 5,242 5,244 5,255 5,254 5,149 5,124 5,140 20,222 20,118 20,137 20,260 20,314 20,580 20,932 20,224 20,050 20,112 CONSTRUCTION Production workers .................................. Durable goods ....................................................... Nondurable goods ................................................ TRANSPORTATION AND PUBLIC UTILITIES . WHOLESALE AND RETAIL T R A D E ........................ 19,499 20,137 19,690 19,957 20,119 WHOLESALE TRADE ................................................ 4,957 5,170 5,098 5,112 5,146 5,211 5,208 5,211 5,206 5,235 5,251 5,234 5,211 5,212 5,226 14,845 14,973 15,011 14,910 14,926 15,054 15,079 15,329 15,698 15,013 14,838 14,886 14,542 14,966 14,592 4,727 4,963 4,870 4,900 4,936 5,003 5,032 5,053 5,002 5,013 5,029 5,041 5,040 5,044 5,060 ................................................................... 16,220 17,043 16,749 16,897 17,039 17,239 17,314 17,312 17,225 17,292 17,281 17,270 17,111 17,277 17,456 GOVERNMENT ............................................................ 15,476 2,753 12,723 15,612 2,773 12,839 15,799 2,740 13,059 15,825 2,750 13,075 15,858 2,773 13,085 15,763 2,824 12,939 15,020 2,838 12,182 14,931 2,844 12,087 15,326 2,751 12,575 15,763 2,756 13,007 15,928 2,760 13,168 15,915 2,770 13,145 15,730 2,763 12,967 15,969 2,803 13,166 16,047 2,805 13,242 RETAIL T R A D E ............................................................ FINANCE, INSURANCE, AND REAL ESTATE SERVICES Federal................................................... State and local ........................................ 74 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11. Employment by industry division and major manufacturing group, seasonally adjusted [Nonagricultural payroll data, in thousands] 1979 1980 Industry division and group Mar. Apr. May 89,039 89,036 940 940 ......................................... 4,614 M A N U F A C T U R IN G ...................................... TOTAL ......................................... MINING CONSTRUCTION Production workers............................. Durable goods Production workers.................... Lumber and wood products .............. Furniture and fixtures............................. Stone, clay, and glass products ...................... Primary metal industries................................. Fabricated metal products ................ Machinery, except electrical......................... Electric and electronic equipment.................... Transportation equipment....................... Instruments and related products ................ Miscellaneous manufacturing ......................... Nondurable goods Production workers........................... Food and kindred products.................... Tobacco manufactures ........................... Textile mill products.................... Apparel and other textile products .................... Paper and allied products ...................... Printing and publishing............................... Chemicals and allied products ...................... Petroleum and coal products............. Rubber and miscellaneous plastics products ............. Leather and leather products ...................... TRANSPORTATION AND PUBLIC UTILITIES WHOLESALE AND RETAIL TRADE WHOLESALE TRADE RETAIL TRADE FINANCE, INSURANCE, AND REAL ESTATE ............ J June July Aug. Sept. O ct Nov. Dec. Jan. F eb.p M ar.p 89,398 89,626 89,713 89,762 89,803 89,982 90,100 90,241 90,652 90,774 90,634 944 949 956 968 973 979 983 991 1,000 1,000 1,006 4,559 4,648 4,662 4,688 4,674 4,671 4,694 4,714 4,783 4,893 4,830 4,695 21,073 15,153 21,066 15,134 21,059 15,112 21,063 15,096 21,079 15,090 20,957 14,956 20,949 14,957 20,899 14,894 20,836 14,829 20,881 14,865 20,890 14,848 20,889 14,821 20,848 14,792 12,751 9,158 12,752 9,146 12,739 9,119 12,760 9,123 12,786 9,124 12,714 9,044 12,737 9,066 12,650 8,972 12,587 8,908 12,615 8,931 12,601 8,894 12,648 8,923 12,616 8,900 769 493 718 1,259 1,732 2,450 2,093 2,094 685 458 761 490 714 1,260 1,732 2,466 2,101 2,084 689 455 762 487 715 1,254 1,730 2,471 2,106 2,077 688 449 757 485 715 1,257 1,737 2,484 2,124 2,057 693 451 753 488 711 1,256 1,730 2,500 2,131 2,073 694 450 752 484 710 1,245 1,714 2,492 2,092 2,079 695 451 758 480 708 1,236 1,716 2,496 2,117 2,086 692 448 760 482 709 1,226 1,723 2,455 2,125 2,025 696 449 751 483 704 1,223 1,726 2,438 2,125 1,994 694 449 740 483 706 1,208 1,725 2,444 2,140 2,019 698 452 737 484 708 1,208 1,712 2,512 2,149 1,938 700 453 736 481 709 1,210 1,723 2,513 2,148 1 976 702 450 724 482 702 1204 1,721 2,517 2,150 1 958 707 451 8,322 5,995 8,314 5,988 8,320 5,993 8,303 5,973 8,293 5,966 8,243 5,912 8,212 5,891 8,249 5,922 8,249 5,921 8,266 5,934 8,289 5,954 8,241 5,898 8,232 5,892 1,736 69 897 1,324 716 1,232 1,108 213 780 247 1,728 69 892 1,325 717 1,234 1,111 213 781 244 1,725 70 893 1,324 714 1,236 1,114 213 784 247 1,720 69 892 1,312 715 1,242 1,119 212 775 247 1,707 68 892 1,324 718 1,250 1,116 212 777 229 1,696 64 886 1,302 717 1,247 1,111 213 764 243 1,691 65 884 1,294 714 1,245 1,110 215 751 243 1,707 65 887 1,299 715 1,252 1,113 217 751 243 1,710 60 889 1,292 714 1,262 1,114 217 749 242 1,715 62 893 1,297 713 1,263 1,119 217 745 242 1,707 64 891 1,309 718 1,273 1,123 219 745 240 1,706 65 890 1,313 717 1278 1,122 167 743 240 1 692 65 893 1 315 717 1 280 1 122 165 744 239 5,116 5,024 5,130 5,190 5,169 5,194 5,180 5,218 5,229 5,223 5,212 5,191 5,197 20,054 20,088 20,129 20,116 20,122 20,126 20,169 20,243 20,308 20,254 20,428 20,530 20,499 5,134 5,138 5,156 5,180 5,182 5,185 5,190 5,209 5,235 5,218 5,248 5,265 5,263 14,920 14,950 14,973 14,936 14,940 14,941 14,979 15,034 15,073 15,036 15,180 15,265 15,236 4,899 4,915 4,936 4,958 4,972 5,003 4,997 5,018 5,039 5,056 5,081 5,085 5,091 SERVICES 16,833 16,880 16,954 17,051 17,092 17,141 17,191 17,257 17,298 17,357 17,442 17,505 17,544 GOVERNMENT 15,510 2,757 12,753 15,564 2,758 12,806 15,598 2,770 12,828 15,637 2,788 12,849 15,635 2,785 12,850 15,699 2,813 12,886 15,673 2,762 12,911 15,674 2,770 12,904 15,693 2,771 12,922 15,696 2,771 12,925 15,706 2,791 12,915 15,744 2,823 12,921 15,754 2,822 12,932 Federal............................... State and local ................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 75 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Establishment Data 12. Labor turnover rates in manufacturing, 1977 to date [Per 100 employees) Year Annual average Jan. Feb. Mar. Apr. May 3.7 3.8 4.0 3.8 3.7 3.2 3.4 ” 3.2 4.0 3.8 3.8 3.8 4.0 3.9 4.6 4.7 4.7 2.7 2.9 2.9 3.5 3.6 3.6 June July Aug. Sept. Oct. Nov. Dec. 4.3 4.4 4.3 5.3 5.4 4.9 4.6 4.9 4.4 3.9 4.3 4.1 3.1 3.3 2.9 2.4 2.4 2.2 3.0 3.3 3.1 4.0 4.2 3.7 3.5 3.9 3.4 3.0 3.5 3.1 2.2 2.6 2.2 1.6 1.7 1.5 .9 .8 .9 1.0 .9 .9 .8 .7 .8 .6 .6 .7 .6 .5 .5 .6 .5 .5 4.3 4.1 4.3 5.1 5.3 5.7 4.9 4.8 4.7 3.8 4.1 4.2 3.4 3.5 3.8 3.4 3.4 3.5 1.9 2.1 2.0 3.1 3.5 3.3 2.8 3.1 2.7 1.9 2.3 2.1 1.5 1.7 1.6 1.2 1.3 1.1 1.5 1.0 1.4 1.0 .8 1.3 1.1 .8 1.1 1.1 .9 1.2 1.1 1.0 1.5 1.5 1.4 1.7 Total accessions 1977 1978 1979 1980 .......................................... .......................................... ......................................... .......................................... 4.0 4.1 3.9 4.9 4.9 4.8 New hires 1977 1978 1979 1980 .......................................... .......................................... .......................................... .......................................... 2.2 2.5 2.8 2.4 2.8 3.1 2.9 2.1 2.2 2.5 ” 2.1 2.6 2.7 2.8 3.7 3.9 3.8 Recalls 1977 1978 1979 1980 1.2 1.0 .9 1.1 .9 .7 .7 .......................................... .......................................... .......................................... .......................................... 1.1 .8 .7 1.3 .7 .7 ” .9 .8 .7 .7 .8 .8 .8 .9 .8 .7 Total separations 1977 1978 1979 1980 .......................................... .......................................... .......................................... .......................................... 3.8 3.9 4.0 3.9 3.6 3.8 4.1 3.4 3.1 3.2 ” 3.5 3.4 3.5 3.6 3.4 3.6 3.6 3.5 3.7 3.8 3.5 3.8 3.9 1977 1978 1979 1980 .......................................... .......................................... .......................................... .......................................... 1.8 2.1 2.0 1.4 1.5 1.8 1.6 1.3 1.4 1.6 ” 1.4 1.6 1.8 1.9 1.7 2.0 2.0 1.9 2.1 2.1 .......................................... .......................................... .......................................... .......................................... 1.1 .9 1.1 1.7 1.2 1.1 1.6 1.4 .9 .8 ” .12 1.0 .9 .8 .9 .8 .9 .8 .7 .7 Quits 1.9 2.2 2.1 Layoffs 1977 1978 1979 1980 13. .8 .7 .8 Labor turnover rates in manufacturing, by major industry group [Per 100 employees] Separation rates Accession rates MANUFACTURING ......................................... Seasonally adjusted............. Durable goods Lumber and wood products......... Furniture and fixtures ................ Stone, clay, and glass products ... Primary metal industries ............. Fabricated metal products........... Machinery, except electrical......... Electric and electronic equipment . . Transportation equipment ........... Instruments and related products .. Miscellaneous manufacturing....... Nondurable g o o d s .................................. Food and kindred products ......... Tobacco manufacturers.............. Textile mill products .................. Apparel and other products......... Paper and allied products ........... Printing and publishing................ Chemicals and allied products . . . . Petroleum and coal products....... Rubber and miscellaneous plastics products.................... Leather and leather products....... 76 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Layoffs Quits Total Recalls New hires Total Major industry group Feb. Jan. Feb. Feb. Jan. Feb. Feb. Jan. Feb. Feb. Jan. Feb. Feb. Jan. Feb. Feb. Jan. Feb. 1979 1980 1980” 1979 1980 1980” 1979 1980 1980” 1979 1980 1980” 1979 1980 1980” 1979 1980 1980” 3.4 4.2 3.8 4.1 3.2 3.9 2.5 3.3 2.4 2.9 2.1 2.8 0.7 1.1 0.9 3.2 4.0 4.1 4.2 3.5 4.2 1.6 2.2 1.6 2.0 1.4 1.9 0.8 .9 1.6 1.3 1.2 1.3 3.2 4.6 4.2 3.6 2.5 3.5 2.7 3.1 3.2 2.7 5.1 3.5 4.7 4.6 3.6 3.1 4.0 2.9 3.1 3.3 2.9 5.8 3.0 4.7 3.9 3.3 2.1 3.4 2.4 2.9 2.9 2.9 4.3 2.4 3.6 3.7 2.3 1.7 2.8 2.3 2.3 2.0 2.2 3.4 2.1 2.9 3.6 1.9 1.2 2.5 2.1 2.1 1.5 2.3 3.1 1.9 2.8 3.1 1.8 .9 2.2 1.8 2.0 1.4 2.5 2.5 .6 .8 .4 1.1 .5 .5 .2 .4 .8 .2 1.6 1.0 1.6 .7 1.6 1.6 1.2 .5 .5 1.4 .3 2.4 .8 1.7 .7 1.4 .9 1.0 .4 .5 1.0 .3 1.7 2.9 5.3 4.6 3.5 2.2 3.4 2.2 2.8 2.5 2.3 4.1 3.9 5.9 5.0 4.8 3.2 4.3 2.8 3.4 4.8 2.5 6.1 3.2 5.7 4.0 3.9 2.5 3.7 2.4 2.8 3.3 2.6 4.6 1.4 2.7 2.7 1.4 .7 1.7 1.1 1.4 1.0 1.3 2.0 1.4 2.4 2.5 1.4 .7 1.6 1.2 1.4 .9 1.4 2.0 1.2 2.2 2.2 1.2 .6 1.41.0 1.2 .8 1.4 1.6 .7 1.5 .8 1.2 .5 .9 .3 .5 .7 .3 1.2 1.7 2.6 1.4 2.6 1.6 1.8 .8 1.0 3.0 .4 3.1 1.2 2.6 .8 1.9 1.1 1.4 .6 .7 1.6 .4 2.0 3.6 4.4 1.8 3.9 4.9 2.2 3.1 1.6 1.9 4.2 4.8 3.5 4.5 6.8 2.7 3.4 1.6 1.9 3.6 4.3 1.7 3.9 5.6 2.1 3.0 1.6 1.7 2.6 2.9 .9 2.9 3.2 1.5 2.5 1.2 1.5 2.8 2.9 1.4 3.5 4.0 1.5 2.8 1.2 1.5 2.5 2.5 .7 3.0 3.7 1.4 2.5 1.2 1.3 .8 1.4 .4 .5 1.4 .5 .4 .3 .2 1.2 1.6 1.7 .7 2.6 1.0 .5 .3 .2 .9 1.5 .9 .6 1.7 .6 .4 .3 .3 3.6 4.9 4.2 3.8 4.9 2.4 2.7 1.5 1.8 4.3 5.9 4.0 4.4 5.8 2.7 3.3 1.6 2.2 3.9 5.2 4.7 4.0 5.1 2.5 3.0 1.5 1.9 1.9 2.4 .5 2.4 2.5 1.0 1.7 .6 .5 2.0 2.4 .9 2.5 2.9 1.0 1.9 .7 .7 1.8 2.0 .7 2.3 2.7 .8 1.8 .6 .7 1.0 1.7 2.6 .5 1.6 .7 5 .3 .4 1.5 2.6 2.3 .8 2.0 .9 .8 .3 .6 1.3 2.4 3.3 .7 1.5 1.0 .6 .4 .3 4.2 5.2 4.8 6.9 3.7 6.0 3.3 3.6 3.1 4.4 2.4 4.0 .5 1.3 1.5 2.3 1.0 1.6 4.0 6.0 5.4 7.1 4.5 6.1 2.2 3.2 2.1 3.3 1.8 3.0 .7 1.7 2.1 2.7 1.6 2.1 14. Hours and earnings, by industry division, 1948-79 [Gross averages, production or nonsupervisory workers on nonagricultural payrolls] Year Average Average Average Average Average Average Average Average Average Average Average weekly weekly hourly weekly weekly hourly weekly weekly hourly weekly weekly hourly earnings hours earnings earnings hours earnings earnings hours earnings earnings hours earnings Total private 1948 ................ 1949 ................ 1950 ................ Mining Construction Average Manufacturing $49.00 50.24 53.13 40.0 39.4 39.8 $1,225 1.275 1.335 $65.56 62.33 67.16 39.4 36.3 37.9 $1,664 1.717 1.772 $65.27 67.56 69.68 381 37.7 37.4 $1,713 1.792 1.863 $53.12 53.88 58.32 40.0 39.1 40.5 $1,328 1.378 1.440 ................ ................ ................ ................ ................ 57.86 60.65 63.76 64.52 67.72 39.9 39.9 39.6 39.1 39.6 1.45 1.52 1.61 1.65 1.71 74.11 77.59 83.03 82.60 89.54 38.4 38.6 38.8 38.6 40.7 1.93 2.01 2.14 2.14 2.20 76.96 82.86 86.41 88.91 90.90 38.1 38.9 37.9 37.2 37.1 2.02 2.13 2.28 2.39 2.45 63.34 66.75 70.47 70.49 75.30 40.6 40.7 40.5 39.6 40.7 1.56 1.64 1.74 1.78 1.85 1956 ................ 1957 ................ 1958 ................ 1959’ .............. 1960 ................ 70.74 73.33 75.08 78.78 80.67 39.3 38.8 385 39.0 38.6 1.80 1.89 1.95 2.02 2.09 95.06 98.25 96.08 103.68 105.04 40.8 40.1 38.9 40.5 40.4 2.33 2.45 2.47 2.56 2.60 96.38 100.27 103.78 108.41 112.67 37.5 37.0 36.8 37.0 36.7 2.57 2.71 282 2.93 3.07 78.78 81.19 82.32 88.26 89.72 40.4 39.8 39.2 40.3 39.7 1.95 2.04 2.10 2.19 2.26 1961 1962 1963 1964 1965 ................ ................ ................ ................ ................ 82.60 85.91 88.46 91.33 95.45 38.6 38.7 38.8 38.7 38.8 2.14 2.22 2.28 2.36 2.46 106.92 110.70 114.40 117.74 123.52 40.5 41.0 41.6 41.9 42.3 2.64 2.70 2.75 2.81 2.92 118.08 122.47 127.19 132.06 138.38 36.9 37.0 37.3 37.2 37.4 3.20 3.31 3.41 3.55 3.70 92.34 96.56 99.23 102.97 107.53 39.8 40.4 40.5 40.7 41.2 2.32 2.39 2.45 2.53 2.61 1966 1967 1968 1969 1970 ................ ................ ................ ................ ................ 9882 101.84 107.73 114.61 119.83 38.6 38.0 37.8 37.7 37.1 2.56 2.68 2.85 3.04 3.23 130.24 135.89 142.71 154.80 164.40 42.7 42.6 42.6 43.0 42.7 3.05 3.19 3.35 3.60 3.85 146.26 154.95 164.49 181.54 195.45 37.6 37.7 37.3 37.9 37.3 3.89 4.11 4.41 4.79 5.24 112.19 114.49 122.51 129.51 133.33 41.4 40.6 40.7 40.6 398 2.71 2.82 3.01 3.19 3.35 1971 1972 1973 1974 1975 ................ ................ ................ ................ ................ 127.31 136.90 145.39 154.76 163.53 36.9 37.0 36.9 36.5 36.1 3.45 3.70 3.94 4.24 4.53 172.14 189.14 201.40 219.14 24931 42,4 42.6 42.4 41.9 41.9 4.06 4.44 4.75 5.23 5.95 211.67 221.19 235.89 249.25 266.08 37.2 36.5 36.8 36.6 36.4 5.69 6.06 6.41 6.81 7.31 142.44 154.71 166.46 176.80 190.79 399 40.5 40.7 40.0 39.5 3.57 3.82 4.09 4.42 4.83 1976 1977 1978 1979 ................ ................ ................ ................ 175.45 189.00 203.70 219.91 36.1 36.0 35.8 35.7 4.86 5.25 5.69 6.16 273.90 301.20 332.11 364.64 42.4 43.4 43.3 43.0 6.46 6.94 7.67 8.48 283.73 295.65 318.32 341.69 36.8 36.5 36.8 36.9 7.71 8.10 8.65 9.26 209.32 228.90 249.27 268.94 40.1 40.3 40.4 40.2 5.22 5.68 6.17 6.69 1951 1952 1953 1954 1955 Transportation and public Finance, insurance, and wnoiesaie ana retail trade utilities 1948 ................ 1949 ................ 1950 ................ Services real estate $40.80 42.93 44.55 40.4 40.5 405 $1 010 1.060 1 100 $45 48 47 63 50 52 37 9 37 8 37 7 $1 200 1 260 1 340 ................ ................ ................ ................ ................ 47.79 49 20 51.35 53.33 55.16 40 5 40 0 39 5 39 5 39 4 1 18 1 23 1 30 1.35 1 40 54 67 57 08 59 57 62 04 63 92 37 7 37 8 37 7 37 6 37 6 1 45 1 51 1 58 165 1 70 1956 ................ 1957 ................ 1958 ................ 19591 .............. 1960 ................ 57 48 59.60 61.76 64.41 66.01 39 1 38 7 38 6 38.8 38 6 147 1.54 1 60 1.66 1.71 65 68 67 53 70.12 72.74 75 14 36 9 36 7 37 1 37 3 37 2 1 78 1 84 1 89 1 95 2 02 1961 1962 1963 1964 1965 ................ .............. : ................ ................ ................ $118.78 125.14 41.1 41.3 $2.89 3.03 67.41 69.91 72.01 74.66 76.91 38 3 38.2 38 1 37.9 37.7 1 76 183 1 89 1.97 2.04 77 12 80 94 84 38 85.79 88.91 36 9 37 3 37 5 37.3 37.2 2 09 2 17 2 25 2.30 2.39 $70.03 73.60 36.1 35.9 $1.94 2.05 1966 1967 1968 1969 1970 ................ ................ ................ ................ ................ 128.13 130.82 138.85 147.74 155.93 41.2 40.5 40.6 40.7 40.5 3.11 3.23 3.42 3.63 3.85 79.39 82.35 87.00 91.39 96.02 37.1 36.6 36.1 35.7 35.3 2.14 2.25 2.41 2.56 2.72 92.13 95.72 101.75 108.70 112.67 37.3 37.1 37.0 37.1 36.7 2.47 2.58 2.75 2.93 3.07 77.04 80.38 83.97 90.57 96.66 35.5 35.1 34.7 34.7 34.4 2.17 2.29 2.42 2.61 2.81 1971 1972 1973 1974 1975 ................ ................ ................ ................ ................ 168.82 187.86 203.31 217.48 233 44 40.1 40.4 40.5 40.2 39.7 4.21 4.65 5.02 5.41 5.88 101.09 106.45 111.76 119.02 126.45 35.1 34.9 34.6 34.2 33.9 2.88 3.05 3.23 3.48 3.73 117.85 122.98 129.20 137.61 148.19 36.6 36.6 36.6 36.5 36.5 3.22 3.36 3.53 3.77 4.06 103.06 110.85 117.29 126.00 134.67 33.9 33.9 33.8 33.6 33.5 3.04 3.27 3.47 3.75 4.02 1976 1977 1978 1979 ................ ................ ................ ................ 256.71 278.90 302.80 326.38 39.8 39.9 40.0 39.9 6.45 6.99 7.57 8.18 133.79 142.52 153.64 164.96 33.7 33.3 32.9 32.6 3.97 4.28 4.67 5.06 155.43 165.26 178.36 191.66 36.4 36.4 36.4 36.3 4.27 4.54 4.90 5.28 143.52 153.45 163.67 175.27 33.3 33.0 32.8 32.7 4.31 4.65 4.99 5.36 1951 1952 1953 1954 1955 1Data include Alaska and Hawaii beginning in 1959. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 77 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Establishment Data 15. Weekly hours, by industry division and major manufacturing group [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] Annual Average 1979 1980 Industry division and group 1978 1979 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. F eb.p M ar.p 35.8 35.7 35.7 35.1 35.5 35.9 36.0 36.0 358 357 35.6 359 35.1 35.1 35.2 43.3 43.0 42.9 42.6 428 43.3 41.7 43.1 43.5 43.7 43.7 43.9 43.4 43.0 43.4 C O N S TR U C TIO N .......................................................... 36.8 36.9 37.0 35.5 37.2 37.9 37.7 38.0 37.9 37.6 36.5 37.1 35.1 356 35.5 MANUFACTURING 40.4 3.6 40.2 3.3 40.6 3.6 389 2.5 40.1 3.3 40.4 3.4 39.9 3.2 40.0 3.3 40.3 3.6 40.3 3.4 40.4 3.4 40.9 3.4 39.8 3.0 39.7 2.9 39.8 3.0 Overtime hours.................................. 41.1 3.8 40.8 3.5 41.4 3.9 39.3 2.6 40.8 3.6 41.0 3.6 40.4 3.4 40.4 3.4 40.8 3.6 40.8 3.5 408 3.5 41.6 3.5 40.3 3.1 40.2 3.0 40.3 3.1 Lumber and wood products ........................ Furniture and fixtures ................................. Stone, clay, and glass products.................... Primary metal industries............................. Fabricated metal products ......................... 39.8 39.3 41.6 41.8 41.0 39.5 38.6 41.5 41.4 40.8 39.7 39.0 41.8 41.9 41.3 39.1 37.5 41.1 41.7 38.8 39.6 38.2 41.9 41.4 40.7 40.2 38.8 42.1 41.6 41.0 39.4 38.0 41.5 41.3 40.3 39.9 38.6 41.7 40.8 40.5 40.1 39.0 41.7 41.3 40.8 39.8 39.3 41.7 40.9 41.0 38.8 39.2 41.7 40.7 41.0 39.2 39.9 41.8 40,9 41.9 381 384 40,1 40.7 40.6 38.3 38.2 40.0 40.5 40.4 381 38.2 40.4 40.6 40.6 Machinery except electrical......................... Electric and electronic equipment ................ Transportation equipment........................... Instruments and related products ................ Miscellaneous manufacturing ...................... 42.0 40.3 42.2 40.9 38.8 41.8 40.3 41.2 40.8 38.9 42.6 40.7 42.3 41.3 39.2 40.3 38.8 37.9 40.0 37.6 41.7 40.2 41.6 40.8 38.5 42.0 40.5 41.3 40.7 39.0 41.2 39.6 40.9 40.3 38.7 41.3 39.7 40.5 40.3 38.9 41.9 40.5 40.7 40.7 39.3 41.6 40.3 41.3 40.8 39.3 41.9 40.9 40.8 41.4 39.6 42.8 41.3 42.6 41.6 39.7 41.5 40.2 40.1 41.0 39.1 41,5 40.1 399 40.8 38.7 41.5 40.2 40.0 40.8 38.8 Overtime hours.................................. 39.4 3.2 39.3 3.1 39.3 3.1 38.2 2.5 39.1 2.9 39.4 3.0 39.2 3.0 39.4 3.2 39.6 3.5 39.4 3.2 396 3.3 39.9 3.2 39.0 2.9 389 2.8 389 2.8 Food and kindred products......................... Tobacco manufactures............................... Textile mill products.................................. Apparel and other textile products................ Paper and allied products........................... 39.7 38.1 40.4 35.6 42.9 39.9 38.0 40.3 35.2 42.6 39.6 38.1 40,4 35.4 42.6 39.0 37.6 38.6 33.9 41.6 39.6 38.9 40.1 35.1 42.4 39.8 39.0 40.6 35.6 42.8 40.1 36.1 39.9 35.4 42.5 40.3 37.6 40.3 35.6 42.6 40.6 39.1 408 35.4 42.7 40.0 38.8 408 35.5 42.6 40.2 39.0 41.3 35.6 429 40.3 39.5 41.5 35.9 43.5 395 37.4 40.9 35.2 42.6 39.1 37.0 40.8 35.4 42.3 39.0 37.7 40.7 35.4 42.4 Printing and publishing ............................... Chemicals and allied products...................... Petroleum and coal products .............. Rubber and miscellaneous plastics products Leather and leather products ...................... 37.6 41.9 43.6 40.9 37.1 37.5 41.8 43.8 40.5 36.5 37.7 41.9 43.8 41.4 359 36.8 41.9 43.9 39.4 35.3 37.3 41.8 43.7 40.5 36.4 37.4 41.8 43.4 40.7 37.1 37.4 41.7 44.1 40.2 36.9 37.9 41.8 43.6 40.0 36.6 37.9 41.8 44.7 40.5 36.8 37.5 41.7 44.1 40.5 36.5 37.9 42.1 44.8 40.3 36.8 38.1 42.2 43.4 40.7 37.3 37.2 41.7 36.1 40.3 36.7 37.0 41.6 39.6 39.9 36.9 37.3 41.8 38.8 40.1 36.3 TRANSPORTATION AND PUBLIC UTILITIES . . . . 40.0 39.9 39.8 39.0 39.6 40.0 40.0 40.3 39.9 39.9 40.2 40.0 39.5 39.7 39.8 WHOLESALE AND RETAIL TRADE 32.9 32.6 32.4 32.5 32.4 32.9 33.3 33.2 32.7 32.5 32.4 32.9 31.9 31.9 32.0 TOTAL PRIVATE M IN IN G .......................................................................... Overtime hours.................................. Durable goods Nondurable goods WHOLESALE TRADE 38.8 388 38.9 38.6 38.9 39.0 39.0 38.9 38.8 38.9 389 39.1 38.5 38.4 38.5 RETAIL TRADE 31.0 30.7 30.3 30.6 30.4 31.0 31.5 31.4 30.7 30.4 30.4 31.0 29.8 298 300 ESTATE ...................................................................... 364 36.3 36.3 36.4 36.1 36.2 36.4 36.2 363 36.3 36.4 36.4 36.3 36.3 36.4 S E R V IC E S ...................................................................... 32.8 32.7 32.6 32.5 32.5 32.9 33.3 33.2 32.7 32.6 32.6 32.8 32.5 325 326 FINANCE, INSURANCE, AND REAL 78 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 16. Weekly hours, by industry division and major manufacturing group, seasonally adjusted [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] 1979 1980 Industry division and group Mar. May June July Aug. Sept. Oct. Nov. Dec. Jan. F eb.” M ar.'1 ....................................................... 35.9 35.3 35.7 35.6 35.6 35.6 35.7 35.6 35.7 35.7 35.7 35.5 35.4 ............................................................................... 43.1 42.9 42.8 43.0 41.6 43.2 43.1 43.1 43.2 43.9 44.4 43.5 43.6 TOTAL PRIVATE MINING Apr. .............................................................. 37.1 35.5 37.1 37.2 36.8 37.2 37.5 36.6 36.8 37.1 37.6 36.8 35.6 Overtime hours........................................ 40.6 3.7 39.1 2.7 40.2 3.5 40.1 3.4 40.2 3.3 40.1 3.2 40.2 3.2 40.2 3.2 40.1 3.3 40.2 3.2 40.3 3.2 40.0 3.1 39.8 3-1 Overtime hours........................................ 41.4 4.0 39.5 2.7 40.9 3.8 40.7 3.6 40.7 3.5 40.7 3.3 40.7 3.3 40.8 3.3 40.6 3.4 40.7 c3.2 40.8 c3.2 40.5 3.1 40.3 3.1 Lumber and wood products ............................. Furniture and fixtures...................................... Stone, clay, and glass products ....................... Primary metal industries.................................. Fabricated metal products ............................... 40.0 39.1 42.0 42.0 41.3 39.1 38.1 41.2 41.8 39.1 39.4 38.5 41.7 41.4 40.7 394 38.5 41.6 41.2 40.7 39.3 38.4 41.4 41.3 40.8 39.5 38.3 41.3 41.0 40.6 39.7 38.6 41.5 41.0 40.7 39.4 38.8 41.3 41.1 40.9 38.9 38.9 41.5 40.7 40.7 39.0 39.0 41.6 40.6 41.0 39.5 39.0 41.3 40.8 40.9 38.9 38.9 40.9 40.6 40.8 38.4 38.3 40.6 40.7 40.6 Machinery, except electrical............................. Electric and electronic equipment...................... Transportation equipment................................ Instruments and related products ...................... Miscellaneous manufacturing ........................... 42.4 40.7 42.3 41.2 39.0 40.5 39.0 379 40.3 37.6 42.0 40.4 41.5 40.8 38.6 42.0 40.3 40.8 40.6 38.9 41.9 40.2 40.9 40.7 39.3 41.6 39.8 41.7 40.5 39.1 41.9 40.3 40.6 40.6 39.1 41.6 40.3 41.3 40.7 39.1 41.6 40.6 40.6 41.0 39.1 41.6 40.5 41.0 40.8 39.2 41.7 40.4 41.0 41.5 39.5 41.5 40.3 40.4 41.0 39.1 41.3 40.2 40.0 40.7 38.6 Overtime hours........................................ 39.4 3.3 38.6 2.7 39.2 3.0 39.2 3.0 39.2 3.0 39.2 3.0 39.3 3.1 39.3 3.0 39.4 3.2 39.4 3.1 39.5 3.1 39.3 3.0 39.0 3.0 Food and kindred products............................... Tobacco manufactures .................................. Textile mill products........................................ Apparel and other textile products .................... Paper and allied products .............................. 40.0 38.0 40.3 35.4 42.8 39.6 376 38.8 34.2 41.8 39.8 38.9 40.0 35.2 42.6 39.8 37.6 40.1 35.2 42.5 39.8 38.5 40.1 35.5 42.5 39.7 38.0 40.1 35.3 42.6 40.0 38.6 40.6 35.3 42.4 39.9 38.3 40.8 35.3 42.6 40.0 37.8 41.1 35.3 42.7 39.9 38.8 41.0 35.6 42.9 40.0 38.5 41.7 35.9 42.8 39.7 37.8 41.1 35.9 42.8 39.4 37.6 40.6 35.4 42.6 Printing and publishing.................................... Chemicals and allied products ......................... Petroleum and coal products ........................... Rubber and miscellaneous plastics products....... Leather and leather products ........................... 37.7 41.9 44.0 41.3 36.3 37.1 41.7 43.9 39.7 35.6 37.4 41.9 43.7 40.9 36.1 37.4 41.7 43.3 40.7 36.4 37.5 41.9 436 40.6 36.6 37.7 42.0 43.7 40.2 36.5 37.5 41.7 44.1 40.3 37.0 37.4 41.7 43.7 40.3 36.5 37.6 41.9 44.4 40.0 36.7 37.4 41.7 43.5 39.9 36.9 37.8 42.0 36.6 40.6 37.2 37.4 41.9 40.4 39.9 37.4 37.3 41.8 39.0 40.0 36.7 CONSTRUCTION MANUFACTURING Durable goods Nondurable goods TRANSPORTATION AND PUBLIC UTILITIES 40.0 39.2 39.8 39.8 39.7 39.9 39.9 39.9 40.2 39.8 39.9 39.8 40.0 WHOLESALE AND RETAIL TRADE 32.7 328 32.6 32.6 32.6 32.5 32.6 32.6 32.7 32.6 32.5 32.3 32.4 WHOLESALE TRADE 39.0 38.7 39.0 38.8 38.8 38.7 38.7 38.8 38.9 38.9 38.8 38.7 38.6 RETAIL TRADE 307 30.9 306 30.6 306 30.5 30.7 30.6 307 30.6 30.5 30.3 30.4 36.4 36.5 36.1 36.2 363 36.1 36.4 36.2 36.5 36.4 36.2 36.3 36.5 32.8 32.7 32.7 32.7 32.8 32.7 32.7 32.6 32.7 32.9 32.7 32.7 32.8 FINANCE, INSURANCE, AND REAL ESTATE SERVICES .............................................................. c=corrected. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 79 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Establishment Data 17. Hourly earnings, by industry division and major manufacturing group [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] Annual average 1979 1980 Industry division and group TOTAL PRIVATE 1978 1979 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. $5.69 $6.16 $6.02 $6.03 $6.09 $6.12 $6.16 $6.19 $6.31 $6.32 $6.35 $6.39 $6.42 F eb .p M ar.p $6.46 $6.50 M IN IN G ................................................................................... 7.67 8.48 8.27 8.54 8.45 8.49 8.52 8.48 8.57 8.57 8.70 8.73 8.85 8.92 9.01 CONSTRUCTION 8.65 9.26 8.97 9.02 9.14 9.13 9.24 9.32 9.51 9.49 9.50 9.57 9.47 9.62 9.64 MANUFACTURING 6.17 6.69 6.56 6.54 6.63 6.66 6.71 6.69 6.80 6.82 6.86 6.97 6.96 6.99 7.05 Durable goods Lumber and wood products ......................... Furniture and fixtures.................................. Stone, clay, and glass products .................... Primary metal industries............................... Fabricated metal products ........................... 6.58 5.60 4.68 6.32 8.20 6.34 7.12 6.08 5.06 6.84 8.97 6.82 6.99 5.84 4.95 6.64 8.75 6.72 6.95 5.90 4.94 6.73 8.92 6.62 7.07 5.97 4.97 6.78 8.83 6.77 7.11 6.16 5.05 685 8.91 6.81 7.15 6.23 5.04 6.89 9.04 6.80 7.12 6.23 5.10 6.90 9.10 6.83 7.24 6.32 5.18 6.98 9.16 6.93 7.25 6.24 5.20 7.00 9.10 6.96 7.29 6.23 5.23 7.07 9.26 6.99 7.41 6.25 5.27 7.10 9.28 7.12 7.39 6.22 5.27 7.05 930 7.06 7.45 6.33 5.33 7.13 943 7.12 7.53 6.36 5.37 7.26 9.51 7.19 Machinery, except electrical......................... Electric and electronic equipment .................. Transportation equipment............................. Instruments and related products .................. Miscellaneous manufacturing ....................... 6.77 5.82 7.91 5.71 4,69 7.33 6.31 8.53 6.17 5.04 7.19 6.16 8.42 6.04 4.95 7.10 6.11 8.26 6.03 4.96 7.25 6.21 8.56 6.11 5.00 7.34 6.25 8.53 6.11 4.99 7.35 6.27 8.55 6.16 5.03 7.35 6.36 8.44 6.14 5.04 7.48 6.46 8.59 6.21 5.07 7.45 6.48 8.67 6.32 5.12 7.51 6.51 868 6.39 5.15 7.65 6.64 8.90 6.49 5.22 7.67 6.67 8.78 6.57 5.31 7.71 6.71 8.85 6.58 5.33 7.77 6.75 9.02 6.64 5.37 Food and kindred products........................... Tobacco manufactures................................ Textile mill products.................................... Apparel and other textile products ................ Paper and allied products............................. 5.53 5.80 6.13 4.30 3.94 6.52 6.00 6.27 6.69 4.66 4.24 7.12 5.85 6.12 6.64 4.52 4.19 6.88 5.90 6.19 6.80 4.48 4.19 6.92 5.91 6.22 6.83 4.52 4.20 6.96 5.94 6.22 6.82 4.54 4.21 7.05 6.03 6.28 6.83 4.65 4.23 7.17 6.04 6.28 6.59 4.77 4.21 7.22 6.11 6.33 6.54 4.82 4.28 7.32 6.14 6.36 6.43 4.83 4.32 7.34 6.21 6.51 7.01 4.86 4.32 7.42 6.26 6.56 7.04 4.87 439 7.48 6.28 6.62 7.13 4.90 4.45 7.48 6.27 6.64 7.32 4.90 4.46 7.50 6.30 6.66 7.56 4.91 4.51 7.53 Printing and publishing................................ Chemicals and allied products ...................... Petroleum and coal products ....................... Rubber and miscellaneous plastics products .. . Leather and leather products ....................... 6.50 7.01 8.63 5.52 389 6.91 7.59 9.37 5.96 4.23 6.77 7.36 9.31 5.86 4.17 6.72 7.50 9.44 5.82 4.18 6.83 7.47 9.39 5.90 4.18 6.88 7.53 9.32 5.91 4.19 6.90 7.60 9.39 5.95 4.19 6.94 7.65 9.35 5.94 4.22 7.04 7.73 9.51 6.03 4.29 7.06 7.82 9.49 6.12 4.31 7.09 7.87 9.57 6.14 4.34 7.17 7.91 9.49 6.21 4.36 7.20 7.96 9.48 6.25 4.46 7.26 799 9.21 6.26 4.48 7.30 8.05 9.11 6.31 4.51 Nondurable goods TRANSPORTATION AND PUBLIC UTILITIES 7.57 8.18 7.90 7.88 7.94 8.03 8.23 8.32 8.45 8.45 8.52 8.55 8.56 8.60 8.62 WHOLESALE AND RETAIL TRADE 4.67 5.06 4.98 5.00 5.00 5.02 5.05 5.06 5.13 5.15 5.18 5.18 5.34 5.36 5.38 WHOLESALE TRADE 5.88 6.39 6.23 6.30 6.29 6.34 6.39 6.41 6.51 6.51 6.57 668 6.72 6.74 6.80 RETAIL TRADE 4.20 4.53 4.47 4.49 4,49 4.50 4.51 4.52 4.58 4.59 4.62 4.61 4.78 4.78 4.80 ESTATE 4.90 5.28 5.16 5.23 5.22 5.22 5.29 5.29 5.38 5.37 5.42 5.49 5.55 560 5.68 SERVICES 4.99 5.36 5.26 5.29 5.27 5.27 5.29 5.30 5.45 5.48 5.54 5.60 5.65 5.69 5.72 FINANCE, INSURANCE, AND REAL 18. Hourly Earnings Index for production or nonsupervisory workers on private nonagricultural payrolls, by industry division [Seasonally adjusted data: 1967 = 100] 1979 1980 Feb. 1980 Industry Mar. TOTAL PRIVATE (in current dollars) Mining...................................... Construction ............................. Manufacturing ........................... Transportation and public utilities ... Wholesale and retail trade ........... Finance, insurance, and real estate Services .................................. TOTAL PRIVATE (in constant dollars) 1Not available. 80 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. F eb.p M ar.p Mar. 1979 to to Mar. 1980 Mar. 1980 225.2 226,8 227.5 229.0 230.9 232.2 234.3 234.9 237.3 239.5 240.5 242.5 245.0 1.0 8.8 256.1 216.5 2287 243.1 219.4 204.8 223.3 264.1 218.1 231.0 241.7 220.9 207.5 2250 262.7 220.4 232.3 243.7 221.0 207.0 224.3 264.9 266.9 220.4 222.1 2354 233.9 246.4 ■ 251.3 222.6 223.8 208.0 210.8 225.7 227.0 265.6 223.1 236.9 252.6 225.4 211.5 2284 266.1 224.4 238.7 255.6 227.0 214.4 231.5 268.0 224.0 240.0 255.8 227.4 213.1 232.3 271.6 225.8 242 1 258.9 229.5 216.2 234.7 273.2 227.6 244.3 260.7 231.3 2185 237.7 274.0 225.1 245.3 261.2 234.7 218.6 238.0 276.2 230.0 248.0 263.0 235.4 220.7 239.7 279.9 231.2 2502 265.7 237.62258 242.1 1.3 .5 .9 1.0 .9 2.3 1.0 9.3 6.8 9.4 9.3 ' 8.3 10.3 107.3 107.0 106.3 105.8 105.1 104.9 104.1 104.1 103 8 102.8 102.2 (’ ) (’ ) (’ ) 105.6 8.4 19. Weekly earnings, by industry division and major manufacturing group [Gross averages, production or nonsupervisory workers on private nonagricultural payrolls] Annual average 1979 1980 Industry division and group 1978 1979 Mar. $203.70 $219.91 $214.91 332.11 364.64 354.78 .......................................................... 318.32 341.69 M A N U F A C T U R IN G ....................................................... 249.27 268 94 Lumber and wood products ....................... Furniture and fixtures ................................. Stone, clay, and glass products.................... Primary metal industries............................. Fabricated metal products ......................... 270.44 222.88 183.92 262.91 342.76 259.94 290.50 240.16 195.32 283.86 371.36 278.26 Machinery except electrical......................... Electric and electronic equipment ................ Transportation equipment ........................... Instruments and related products ................ Miscellaneous manufacturing ...................... 284.34 234.55 333.80 233.54 181.97 TOTAL P R IV A T E ............................................. Apr. May June $211.65 $216.20 $219.71 346.03 348.35 354.16 360 43 269.06 267.73 267.60 274.04 28846 236.41 189.85 284.08 365.56 275.54 291.51 247.63 195.94 288.39 370.66 279.21 288.86 245.46 191.52 285.94 373.35 274.04 287.65 248.58 196.86 287.73 371.28 276.62 295.39 253.43 202.02 291.07 378.31 282.74 286.13 237.07 313.05 241.20 186.50 302.33 249.64 356.10 249.29 192.50 308.28 253.13 352.29 248.68 194.61 302.82 248.29 349.70 248.25 194.66 303.56 252.49 341.82 247.44 196.06 229.91 242.35 252.98 182.61 148.33 293.09 225.38 241.41 255.68 172.93 142.04 287.87 231.08 246.31 265.69 181.25 147.42 295.10 234.04 247.56 265.98 184.32 149.88 302.74 236.38 251.83 246.56 185.54 149.74 304.73 259.13 317.26 410.41 255.23 308.38 407.78 247.30 314.25 414.42 254.76 312.25 410.34 257.31 314.75 404.49 225.77 144.32 241.38 154.40 242.60 149.70 229.31 147.55 238.95 152.15 TRANSPORTATION AND PUBLIC UTILITIES 302.80 326.38 314.42 307.32 WHOLESALE AND RETAIL TRADE 153.64 164.96 161.35 162.50 WHOLESALE TRADE .................................................. 228.14 24793 242.35 RETAIL T R A D E .............................................................. 130.20 139.07 FINANCE, INSURANCE, AND REAL ESTATE 178.36 163.67 Durable goods Nondurable goods Food and kindred products......................... Tobacco manufactures............................... Textile mill products.................................. Apparel and other textile products................ Paper and allied products........................... Printing and publishing ............................... Chemicals and allied products...................... Petroleum and coal products ...................... Rubber and miscellaneous plastics products.................................... Leather and leather products ...................... SERVICES .. .. ..................................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 331.89 320.21 340.01 266.34 254.41 265.86 289.39 231.85 193.05 277.55 366.63 277.54 273.14 230.69 185.25 276.60 371.96 256.86 306.39 254.29 351.44 251.74 196.06 306.29 250.71 356.17 249.45 194.04 217.88 230.26 233.55 173.72 140.26 279.71 235.80 250.17 254.22 187.80 149.25 303.31 244.40 293.72 376.27 Oct. Nov. $221.76 $222.84 $225.90 $225.62 $22606 372.80 CONSTRUCTION 367.62 Sept. 365.49 .......................................................................... 361.66 Aug. 355.28 MINING 363.80 July 374.51 Dec. Jan. Feb.» M ar.p $229.40 $225.34 $226.75 $228.80 380.19 383.25 384.09 383.56 391.03 356.82 346.75 355.05 274.85 277.14 285.07 332.40 342.47 342.22 277.01 277.50 280.59 295 80 248.35 204.36 291.90 372.19 285.36 297.43 241.72 205.02 294.82 376.88 286.59 308.26 245.00 210.27 296.78 379.55 298.33 297.82 236.98 202.37 282.71 378.51 286.64 299.49 242.44 203.61 285.20 381.92 287.65 303.46 242.32 205.13 293.30 386.11 291.91 313.41 261.63 349.61 252.75 199.25 309.92 261.14 358.07 257.86 201.22 314.67 266.26 354.14 264.55 203.94 327.42 274.23 379.14 269.98 207.23 318.31 268.13 352.08 269.37 207.62 319.97 269.07 353.12 268.46 206.27 322.46 271.35 360.80 270.91 208.36 237.98 253.08 247.78 192.23 149.88 307.57 241.96 257.00 255.71 196.66 151.51 312.56 241.92 254.40 249.48 197.06 153.36 312.68 245.92 261.70 273.39 200.72 153.79 318.32 249.77 264.37 278.08 202.11 157.60 325.38 244.92 261.49 266.66 200.41 156.64 318.65 243.90 259.62 270.84 199.92 157.88 317.25 245.07 259.74 285.01 199.84 159.65 319.27 258.06 316.92 414.10 263.03 319.77 407.66 266.82 32311 425.10 264.75 326.09 418.51 268.71 331.33 428.74 273.18 333.80 411.87 267.84 331.93 342.23 268.62 332.38 364.72 272.29 336.49 353.47 240.54 155.45 239.19 154.61 237.60 154.45 244.22 157.87 247.86 157.32 247.44 159.71 252.75 162.63 251.88 163.68 249.77 165.31 253.03 163.71 314.42 321.20 329.20 335.30 162.00 165.16 168.17 167.99 337.16 337.16 342.50 342.00 338.12 341.42 343.08 167.75 167.38 167.83 170.42 170.35 170.98 172.16 243.18 244.68 247.26 249.21 249.35 252.59 253.24 255.57 261.19 258.72 258.82 261.80 135.44 137.39 136.50 139.50 142.07 141.93 140.61 139.54 140.45 142.91 142.44 142.44 144.00 191.66 187.31 190.37 188.44 188.96 192.56 191.50 195.29 194.93 197.29 199.84 201.47 203.28 206.75 175.27 171.48 171.93 171.28 173.38 176.16 175.96 178.22 178.65 180.60 183.68 183.63 184.93 186.47 81 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Establishment Data 20. Gross and spendable weekly earnings, in current and 1967 dollars, 1960 to date [Averages for production or nonsupervisory workers on private nonagricultural payrolls] Manufacturing workers Private nonagricultural workers Gross average Year and month weekly earnings Spendable average weekly earnings Gross average Worker with no Married worker with dependents 3 dependents weekly earnings Spendable average weekly earnings Worker with no dependents Married worker with 3 dependents Current 1967 Current 1967 Current 1967 Current 1967 Current 1967 Current 1967 dollars dollars dollars dollars dollars dollars dollars dollars dollars dollars dollars dollars $80.67 $90.95 $65.59 $73.95 $72.96 $82.25 $89.72 $101.15 $72.57 $81.82 $80.11 $90.32 1961 1962 1963 1964 1965 ...................................... ...................................... ...................................... ...................................... ...................................... 82.60 85.91 88.46 91.33 95.45 92.19 94.82 96.47 98.31 101.01 67.08 69.56 71.05 75.04 79.32 74.87 76.78 77.48 80.78 83.94 74.48 76.99 78.56 82.57 86.63 83.13 84.98 85.67 88.88 91.67 92.34 96.56 99.23 102.97 107.53 103.06 106.58 108.21 110.84 113.79 74.60 77.86 79.51 84.40 89 08 83.26 85 94 86.71 90.85 94.26 82.18 85.53 87.25 92.18 96.78 91.72 94.40 95.15 99.22 102.41 1966 1967 1968 1969 1970 ...................................... ...................................... ...................................... ...................................... ...................................... 98.82 101.84 107.73 114.61 119.83 101.67 101.84 103.39 104.38 103.04 81.29 83.38 86.71 90.96 96.21 83.63 83.38 83.21 82.84 82.73 88.66 90.86 95.28 99.99 104.90 91.21 90.86 91.44 91.07 90.20 112.19 114.49 122.51 129.51 133.33 115.42 114.49 117.57 117.95 114.64 91.45 92.97 97.70 101.90 106.32 94.08 92.97 93.76 92.81 91.42 99.33 100.93 106.75 111.44 115.58 102.19 100.93 102.45 101.49 99.38 1971 1972 1973 1974 1975 ...................................... ...................................... ...................................... ...................................... ...................................... 127.31 136.90 145.39 154.76 163.53 104.95 109.26 109.23 104.78 101.45 103.80 112.19 117.51 124.37 132.49 85.57 89.54 88.29 84.20 82.19 112.43 121.68 127.38 134.61 145.65 92.69 97.11 95.70 91.14 90.35 142.44 154.71 166.46 176.80 190.79 117.43 123.47 125.06 119.70 118.36 114.97 125.34 132.57 140.19 151.61 94.78 100.03 99.60 94.92 94.05 124.24 135.57 143.50 151.56 166.29 102.42 108.20 107.81 102.61 103.16 1976 1977 1978 1979 ...................................... ...................................... ...................................... ...................................... 175.45 189.00 203.70 219.91 102.90 104.13 104.30 101.02 143.30 155.19 165.39 178.00 84.05 85.50 84.69 81.76 155.87 169.93 180.71 194.82 91.42 93.63 92.53 89.49 209.32 228.90 249.27 268.94 122.77 126.12 127.63 123.54 167.83 183.80 197.40 212.43 98.43 101.27 101.08 97.58 181.32 200.06 214.87 232.07 106.35 110.23 110.02 106.60 1979: March........................... 214.91 102.68 174.35 83.30 190.93 91.22 266.34 127.25 210.65 10065 230.10 109.94 April ............................. May ............................. June ............................. 211.65 216.20 219.71 99.93 100.89 101.30 171.98 175.29 177.85 81.20 81.80 82.00 188.39 191.93 194.67 88.95 89.56 89.75 254.41 265.86 269.06 120.12 124.06 124.05 202.32 210.04 212.51 95.52 98.14 97.98 221.05 229.74 232.17 104.37 107.20 107.04 July............................... August ......................... September .................... 221.76 222.84 225.90 101.08 100.60 100.98 179.35 180.13 182.36 81.75 81.32 81.52 196.26 197.11 199.42 89.45 88.99 89.15 267.73 267.60 274.04 122.03 120.81 122.50 211.61 211.52 215.89 96.45 95.49 96.51 231.16 231.06 235.94 105.36 104.32 105.47 October......................... November...................... December...................... 225.62 226.06 229.40 100.01 99.32 99.74 182.16 182.48 184.84 80.74 80.18 80.37 199.21 199.54 202.08 88.30 87.67 87 86 274.85 277.14 285.07 121.83 121.77 123.94 216 44 217.99 223.38 95.94 95.78 97.12 236.56 238.30 244.31 104.86 104.70 106.22 1980: January......................... February11..................... March p ......................... 225.34 226.75 228.80 96.59 95.88 (’ ) 181.96 182.98 184.42 77.99 77.37 (’ ) 199.00 200.07 201.62 85.30 84.60 (’ ) 277.01 277.50 280.59 118.74 117.34 217.91 218.24 220.34 9340 92.28 ( ') 238.20 238.57 240.91 102.10 100 88 <’ ) 1960 ...................................... 'Not available. NOTE: The earnings expressed in 1967 dollars have been adjusted for changes in price level as measured by the Bureau's Consumer Price Index for Urban Wage Earners and Clerical Workers. 82 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis V) These series are described in “The Spendable Earnings Series: A Technical Note on its Cal culation, " Employment and Earnings and Monthly Report on the Labor Force, February 1969, pp. 6-13. See also "Spendable Earnings Formulas, 1978-80, "Employment and Earnings, March 1980, pp. 10-11. UNEMPLOYMENT INSURANCE DATA U n e m p l o y m e n t i n s u r a n c e d a t a are compiled monthly by the Employment and Training Administration of the U.S. De partment of Labor from records of State and Federal unem ployment insurance claims filed and benefits paid. Railroad unemployment insurance data are prepared by the U.S. Rail road Retirement Board. ployed. Persons not covered by unemployment insurance (about onethird of the labor force) and those who have exhausted or not yet earned benefit rights are excluded from the scope of the survey. Ini tial claims are notices filed by persons in unemployment insurance programs to indicate they are out of work and wish to begin receiv ing compensation. A claimant who continued to be unemployed a full week is then counted in the insured unemployment figure. The rate of insured unemployment expresses the number of insured unem ployed as a percent of the average insured employment in a 12-month period. Definitions An application for benefits is filed by a railroad worker at the be ginning of his first period of unemployment in a benefit year; no ap plication is required for subsequent periods in the same year. Num ber of payments are payments made in 14-day registration periods. The average amount of benefit payment is an average for all com pensable periods, not adjusted for recovery of overpayments or set tlement of underpayments. However, total benefits paid have been adjusted. Data for all programs represent an unduplicated count of insured unemployment under the State, Ex-Servicemen, and UCFE programs, and the Railroad Insurance Act. Under both State and Federal unemployment insurance programs for civilian employees, insured workers must report the completion of at least 1 week of unemployment before they are defined as unem 21. Unemployment Insurance and employment service operations [All items except average benefits amounts are in thousands] 1979 1980 Item Feb. All programs: Insured unemployment.................... Mar. 3,209 Apr. 2,921 May 2,610 June July 2,230 2,119 2,429 Aug. Sept. 2,377 2,164 Oct. 2,236 Nov. Dec. Jan. Feb. 2,559 3,047 3,740 3,730 State unemployment insurance program:' Insured unemployment (average weekly volume) ......................... Rate of insured unemployment......... Weeks of unemployment compensated ............................. Average weekly benefit amount for total unemployment................ Total benefits paid ......................... Unemployment compensation for exservicemen:3 Initial claims' ................................. Insured unemployment (average weekly volume) ......................... Weeks of unemployment compensated ............................. Total benefits paid ......................... Unemployment compensation for Federal civilian employees:4 Initial claims.................................. Insured unemployment (average weekly volume) ......................... Weeks of unemployment compensated ............................. Total benefits paid ......................... Railroad unemployment insurance: Applications.................................. Insured unemployment (average weekly volume) ......................... Number of payments ...................... Average amount of benefit payment.................................... Total benefits paid ......................... Employment service:5 New applications and renewals......... Nonfarm placements ...................... 1,576 1,396 1,589 1,309 1,400 1,978 1,545 1,219 1,641 1,827 2,263 2,835 3,053 4.0 2,750 3.6 2,440 3.1 2,078 2.6 1,991 2.5 2,300 2.8 2,245 2.7 2,024 2.4 2,057 2.4 2,384 2.8 2,864 3.4 3,537 4.1 10,762 11,105 8,956 8,442 7,197 7,889 8,830 6,993 7,638 8,107 9,171 13,766 $90.31 $915,146 $90.28 $975,641 $89.25 $777,699 $88.37 $725,229 $87.25 $610,269 $86.40 $665,687 $88.56 $767,025 $89.07 $606,095 $90.59 $673,965 $92.39 $728,370 $94.54 $843,869 $95.42 $1,281,495 21 21 20 20 24 28 28 23 26 24 24 25 53 52 48 45 45 51 52 52 52 54 56 60 219 $20,489 241 $22,794 207 $19,617 214 $20,440 193 $18,623 216 $20,965 234 $23,861 211 $19,634 236 $23,325 232 $23,093 233 $23,093 299 $29,615 13 18 15 15 19 58 t 13 12 12 12 13 16 13 35 33 27 24 23 2.5 25 25 28 29 31 34 133 $12,256 143 $13,168 112 $10,345 106 $9,330 91 $8,341 96 $8,802 107 $9,829 91 $8,453 109 $10,093 118 $11,063 118 $11,047 150 $14,099 32 6 5 3 3 9 15 8 13 11 10 11 22 7 24 50 23 23 18 40 10 29 8 19 11 20 12 26 21 32 18 51 20 36 19 41 40 80 39 71 $200.54 $9,871 $204.72 $10,538 $195.55 $7,276 $177.39 $5,681 $183.13 $3,314 $190.10 $3,699 $195.61 $3,767 $189.08 $5,747 $189.61 $8,003 $183.38 $6,462 $197.22 $8,085 $199.01 $14,967 $208.73 $14,573 8,059 1,991 9,180 2,291 10,452 2,616 11,907 3,051 13,186 3,482 14,479 3,935 15,525 4,349 'Initial claims and State insured unemployment include data under the program for Puerto Rican sugarcane workers. 2Includes interstate claims for the Virgin Islands. Excludes transition claims under State programs. 3Excludes data on claims and payments made jointly with other programs. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3,518 4.1 4Includes the Virgin Islands. Excludes data on claims and payments made jointly with State programs. 5Cumulative total for fiscal year (October 1- September 30). NOTE: Data for Puerto Rico included. Dashes indicate data not available. 83 PRICE DATA P r i c e d a t a are gathered by the Bureau of Labor Statistics from retail and primary markets in the United States. Price indexes are given in relation to a base period (1967 = 100, unless otherwise noted). Definitions The Consumer Price Index is a monthly statistical measure of the average change in prices in a fixed market basket of goods and ser vices. Effective with the January 1978 index, the Bureau of Labor Sta tistics began publishing CPI’s for two groups of the population. One index, a new CPI for All Urban Consumers, covers 80 percent of the total noninstitutional population; and the other index, a revised CPI for Urban Wage Earners and Clerical Workers, covers about half the new index population. The All Urban Consumers index includes, in addition to wage earners and clerical workers, professional, manageri al, and technical workers, the self-employed, short-term workers, the unemployed, retirees, and others not in the labor force. The CPI is based on prices of food, clothing, shelter, fuel, drugs, transportation fares, doctor’s and dentist’s fees, and other goods and services that people buy for day-to-day living. The quantity and quali ty of these items is kept essentially unchanged between major revi sions so that only price changes will be measured. Prices are collected from over 18,000 tenants, 24,000 retail establishments, and 18,000 housing units for property taxes in 85 urban areas across the country. All taxes directly associated with the purchase and use of items are included in the index. Because the CPI’s are based on the expendi tures of two population groups in 1972-73, they may not accurately reflect the experience of individual families and single persons with different buying habits. Though the CPI is often called the “Cost-of-Living Index,” it mea sures only price change, which is just one of several important factors affecting living costs. Area indexes do not measure differences in the level of prices among cities. They only measure the average change in prices for each area since the base period. Producer Price Indexes measure average changes in prices received in primary markets of the United States by producers of commodities in all stages of processing. The sample used for calculating these in dexes contains about 2,800 commodities and about 10,000 quotations per month selected to represent the movement of prices of all com modities produced in the manufacturing, agriculture, forestry, fishing, mining, gas and electricity, and public utilities sectors. The universe includes all commodities produced or imported for sale in commercial transactions in primary markets in the United States. Producer Price Indexes can be organized by stage of processing or by commodity. The stage of processing structure organizes products by degree of fabrication (that is, finished goods, intermediate or semifinished goods, and crude materials). The commodity structure organizes products by similarity of end-use or material composition. To the extent possible, prices used in calculating Producer Price In dexes apply to the first significant commercial transaction in the Unit ed States, from the production or central marketing point. Price data are generally collected monthly, primarily by mail questionnaire. 84 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Most prices are obtained directly from producing companies on a vol untary and confidential basis. Prices generally are reported for the Tuesday of the week containing the 13th day of the month. In calculating Producer Price Indexes, price changes for the vari ous commodities are averaged together with implicit quantity weights representing their importance in the total net selling value of all com modities as of 1972. The detailed data are aggregated to obtain in dexes for stage of processing groupings, commodity groupings, dura bility of product groupings, and a number of special composite groupings. Price indexes for the output of selected SIC industries measure av erage price changes in commodities produced by particular industries, as defined in the Standard Industrial Classification Manual 1972 (Washington, U.S. Office of Management and Budget, 1972). These indexes are derived from several price series, combined to match the economic activity of the specified industry and weighted by the value of shipments in the industry. They use data from comprehensive in dustrial censuses conducted by the U.S. Bureau of the Census and the U.S. Department of Agriculture. Notes on the data Beginning with the May 1978 issue of the Review, regional CPI’s cross classified by population size, were introduced. These indexes will enable users in local areas for which an index is not published to get a better approximation of the CPI for their area by using the appropri ate population size class measure for their region. The cross-classified indexes will be published bimonthly. (See table 24.) For further details about the new and the revised indexes and a comparison of various aspects of these indexes with the old unrevised CPI, see Facts About the Revised Consumer Price Index, a pamphlet in the Consumer Price Index Revision 1978 series. See also The Consumer Price Index: Concepts and Content Over the Years. Report 517, revised edition (Bureau of Labor Statistics, May 1978). For interarea comparisons of living costs at three hypothetical stan dards of living, see the family budget data published in the Handbook of Labor Statistics, 1977, Bulletin 1966 (Bureau of Labor Statistics, 1977), tables 122-133. Additional data and analysis on price changes are provided in the CPI Detailed Report and Producer Prices and Price Indexes, both monthly publications of the Bureau. As of January 1976, the Wholesale Price Index (as it was then called) incorporated a revised weighting structure reflecting 1972 val ues of shipments. From January 1967 through December 1975, 1963 values of shipments were used as weights. For a discussion of the general method of computing consumer, producer, and industry price indexes, see BLS Handbook of Methods for Surveys and Studies, Bulletin 1910 (Bureau of Labor Statistics, 1976), chapters 13-15. See also John F. Early, “Improving the mea surement of producer price change,” Monthly Labor Review, April 1978, pp. 7 -1 5 . For industry prices, see also Bennett R. Moss, “In dustry and Sector Price Indexes,” Monthly Labor Review, August 1965, pp. 974-82. 22. Consumer Price Index for Urban Wage Earners and Clerical Workers, annual averages and changes, 1967-79 [1967 = 100] Food and All items Year Index Percent change Index Apparel and Housing beverages Percent change Index Transportation upkeep Percent change Index Percent change Percent Index change Percent Index Other goods Entertainment Medical care change Index and services Percent change Percent Index change 1967 1968 1969 1970 ................ ................ ................ ................ 100.0 104.2 109.8 116.3 4.2 5.4 5.9 100.0 103.6 108.8 114.7 3.6 5.0 5.4 100.0 104.0 110.4 118.2 4.0 6.2 7.1 100.0 105.4 111.5 116.1 5.4 5.8 4.1 100.0 103.2 107.2 112.7 3.2 3.9 5.1 100.0 106.1 113.4 120.6 6.1 6.9 6.3 100.0 105.7 111.0 116.7 5.7 5.0 5.1 100.0 105.2 110.4 116.8 5.2 4.9 5.8 1971 1972 1973 1974 1975 ................ ................ ................ ................ ................ 121.3 125.3 133.1 147.7 161.2 4.3 3.3 6.2 11.0 9.1 118.3 123.2 139.5 158.7 172.1 3.1 4.1 13.2 13.8 8.4 123.4 128.1 133.7 148.8 164.5 4.4 3.8 4.4 11.3 10.6 119.8 122.3 126.8 136.2 142.3 3.2 2.1 3.7 7.4 4.5 118.6 119.9 123.8 137.7 150.6 5.2 1.1 3.3 11.2 9.4 128.4 132.5 137.7 150.5 168.6 6.5 3.2 3.9 9.3 12.0 122.9 126.5 130.0 139.8 152.2 5.3 2.9 2.8 7.5 8.9 122.4 127.5 132.5 142.0 153.9 4.8 4.2 3.9 7.2 8.4 1976 1977 1978 1979 ................ ................ ................ ................ 170.5 181.5 195.3 217.7 5.8 6.5 7.6 11.5 177.4 188.0 206.2 228.7 3.1 6.0 9.7 10.9 174.6 186.5 202.6 227.5 6.1 6.8 8.6 12.3 147.6 154.2 159.5 166.4 3.7 4.5 3.4 4.3 165.5 177.2 185.8 212.8 9.9 7.1 4.9 14.5 184.7 202.4 219.4 240.1 9.5 9.6 8.4 9.4 159.8 167.7 176.2 187.6 5.0 4.9 5.1 6.5 162.7 172.2 183.2 196.3 5.7 5.8 6.4 7.2 23. Consumer Price Index for All Urban Consumers and revised CPI for Urban Wage Earners and Clerical Workers, U.S. city average— general summary and groups, subgroups, and selected items [1967 = 100 unless otherwise specified] Urban Wage Earners and Clerical Workers (revised) All Urban Consumers General summary 1979 Feb. Sept. Oct. 1979 1980 Nov. Dec. Jan. Feb. Feb. Sept. Oct. 1980 Nov. Dec. Jan. Feb. All it e m s ....................................................................................................... 207.1 223.4 225.4 227.5 229.9 233.2 236.4 207.1 223.7 225.6 227.6 230.0 233.3 236.5 Food and beverages .............................................................. Housing................................................................................ Apparel and upkeep............................................................... Transportation....................................................................... Medical care ......................................................................... Entertainment ....................................................................... Other goods and services........................................................ 222.4 215.6 161.4 195.6 232.6 183.2 191.9 231.0 234.6 169.8 221.4 243.7 191.1 201.7 232.1 237.7 171.0 222.7 245.9 192.0 202.3 233.1 240.8 171.7 224.9 248.0 192.8 202.9 235.5 243.6 172.2 227.7 250.7 193.4 204.0 237.5 247.3 171.0 233.5 253.9 195.3 206.3 238.6 250.5 171.9 239.6 257.9 197.8 208.1 222.6 215.4 161.6 196.1 232.1 182.4 191.9 231.2 234.5 169.3 222.4 244.7 190.2 200.6 232.3 237.7 170.8 223.4 247.2 191.4 201.4 233.1 240.7 171.3 225.7 249.1 192.0 202.0 235.7 243.6 171.4 228.3 251.7 192.3 203.0 237.8 247.3 169.8 234.1 254.9 193.9 206.0 239.0 250.5 171.5 240.2 258.7 196.2 207.7 Commodities......................................................................... Commodities less food and beverages ................................. Nondurables less food and beverages............................... Durables..................................................................... 198.3 184.8 184.2 183.6 214.1 203.3 213.2 194.5 215.6 204.9 214.9 196.0 217.4 206.9 216.6 198.4 219.4 208.8 219.0 199.8 222.4 212.0 224.6 201.3 225.2 215.5 231.8 202.1 198.5 184.7 184.7 183.2 214.4 203.5 214.8 193.5 215.8 205.0 216.6 194.8 217.4 206.9 218.1 196.9 219.4 208.7 220.5 198.2 222.3 212.0 226.3 199.6 225.3 215.7 234.1 200.3 Services .............................................................................. Rent, residential............................................................ Household services less rent .......................................... Transportation services................................................... Medical care services..................................................... Other se'vices.............................................................. 223.3 171.0 251.0 205.5 250.4 193.6 240.7 179.0 276.7 216.6 262.8 204.7 243.6 181.4 280.7 218.5 265.3 205.7 246.2 182.1 284.6 221.5 267.6 206.5 249.3 182.9 289.2 224.2 270.7 207.1 253.1 184.1 295.1 226.8 274.4 209.0 256.8 185.6 300.2 229.6 279.0 211.1 223.2 170.9 251.4 206.1 249.6 193.9 241.0 178.9 278.2 216.8 263.8 204.9 244.0 181.2 282.3 218.6 266.8 206.4 246.7 181.9 286.3 221.5 268.8 207.3 249.6 182.7 291.1 224.0 271.8 207.4 253.6 183.9 297.2 226.6 275.6 209.3 257.3 185.5 302.4 229.3 279.8 211.4 All items less food ................................................................. All items less mortgage interest costs ........................................ Commodities less food............................................................ Nondurables less food ............................................................ Nondurables less food and apparel........................................... Nondurables ......................................................................... Services less rent ................................................................. Services less medical care....................................................... Domestically produced farm foods ............................................ Selected beef cuts................................................................. Energy .............................................................................. All items less energy .............................................................. All items less food and energy ........................................ Commodities less food and energy................................ Energy commodities ................................................... Services less energy................................................... 201.8 202.3 183.7 182.2 196.2 204.0 232.9 219.0 218.5 244.8 235.0 205.2 198.8 178.7 231.1 222.0 219.6 216.7 201.8 209.6 232.7 223.1 252.1 236.7 223.7 255.3 304.3 217.3 211.5 188.2 325.3 238.4 221.8 218.3 203.4 211.3 234.8 224.5 255.1 239.6 224.1 257.3 307.5 219.2 213.6 189.6 329.0 241.3 224.1 219.8 205.4 212.9 236.8 225.8 258.2 242.3 224.5 256.5 307.8 221.4 216.1 191.4 332.5 244,6 226.4 221.7 207.2 215.2 240.1 228.2 261.6 245.3 227.5 263.2 313.7 223.6 218.1 192.6 340.0 247.6 229.9 224.3 210.4 220.5 248.6 232.0 266.1 249.2 229.2 265.7 327.9 225.9 220.6 193.7 361.5 251.6 233.5 227.1 213.8 227.3 258.2 236.3 270.2 252.7 229.1 267.2 344.6 228.0 222.8 194.9 385.0 255.2 201.6 202.5 183.6 182.7 196.5 204.5 2329 219.0 218.6 246.9 235.3 205.3 198.5 178.5 231.5 221.9 219.8 217.2 202.0 211.0 234.2 223.9 252.6 236.9 223.6 258.0 307.0 217.0 211.0 187.5 326.5 238.7 222.0 218.7 203.5 212.9 236.3 225.3 255.7 239.9 224.0 259.1 310.2 218.8 213.0 188.7 330.2 241.7 224.2 220.1 205.4 214.4 238.2 226.5 258.8 242.6 224.4 259.2 310.7 221.0 215.4 190.4 333.8 245.1 226.4 222.0 207.1 216.7 241.5 229.0 262.1 245.5 227.5 265.2 317.0 223.0 217.3 191.4 341.5 248.0 230.0 224.7 210.3 222.1 250.2 232.9 266.7 249.5 229.0 268.1 331.5 225.3 219.6 192.4 362.8 252.2 233.7 227.6 214.0 229.4 260.1 237.4 270.8 253.1 229.2 270.3 348.7 227.3 221.8 193.5 386.4 255.7 Purchasing power of the consumer dollar, 1967 = $1 .................. $0,483 $0,448 $0,444 $0,440 $0,435 $0,429 $0,423 $0,483 $0,447 $0,443 $0,439 $0,435 $0,429 $0,423 Special Indexes: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 85 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Consumer Prices 23. Continued— Consumer Price Index — U.S. city average [1967=100 unless otherwise specified] All Urban Consumers General summary FOOD AND BEVERAGES Urban Wage Earners and Clerical Workers (revised) 1979 1980 1979 1980 Feb. Sept. Oct. Nov. Dec. Jan. Feb. Feb. Sept. Oct. Nov. Dec. Jan. Feb. 2224 231.0 232.1 233.1 235.5 237.5 238.6 222.6 231.2 232.3 233.1 235.7 237.8 239.0 ...................................................................................................................... 228.2 237.1 238.2 239.1 241.7 243.8 244.9 228.5 237.3 238.3 239.1 241.8 244.0 2452 Food at home .............................................................................. Cereals and bakery products..................................................... Cereals and cereal products (12/77 = 100)........................... Flour and prepared flour mixes (12/77 = 100).................. Cereal (12/77 = 100) ................................................. Rice, pasta, and cornmeal (12/77 = 100) ....................... Bakery products (12/77 = 100) .......................................... White bread............................................................... Other breads (12/77 = 100) ........................................ Fresh biscuits, rolls, and muffins (12/77 = 100)................ Fresh cakes and cupcakes (12/77 = 100) ...................... Cookies (12/77 = 100) ............................................... Crackers and bread and cracker products (12/77 = 100) ,. Fresh sweetrolls, coffeecake, and donuts (12/77 = 100) ... Frozen and refrigerated bakery products and fresh pies, tarts, and turnovers (12/77 = 100) ......... 228.0 212.2 113.2 114.0 113.3 112.4 112.0 185.8 111.9 112.9 109.8 112.4 111.3 110.4 234.7 225.6 120.0 123.4 118.8 118.6 119.2 200.7 119.6 119.0 116.7 115.9 114.8 118.8 235.4 227.0 120.8 124.0 119.2 120.4 119.9 202.5 120.5 119.4 117.6 116.6 115.0 118.9 236.0 228.7 121.1 122.8 119.7 121.6 121.0 204.5 121.3 121.2 119.4 117.1 114.5 119.9 238.7 231.6 122.9 123.8 122.8 122.2 122.4 207.4 123.3 123.1 120.3 117.8 116.2 121.5 240.6 234.2 125.0 125.7 123.7 126.4 123.5 208.6 123.8 124.8 121.7 119.7 117.5 122.2 241.3 236.8 125.8 125.7 124.9 127.4 125.1 210.7 124.6 126.2 122.8 122.8 119.9 123.8 2279 212.9 113.6 115.1 113.6 112.2 112.4 185.7 113.5 112.9 110.6 113.5 110.6 112.4 234.2 226.6 120.6 125.1 118.7 119.1 119.7 200.5 122.5 118.6 116.8 117.8 114.9 121.6 234.8 227.9 121.4 125.0 119.3 1208 120.3 2023 123.8 118.7 118.1 118.3 115.0 120.7 235.4 229.7 122.1 124.6 119.9 122.7 121.3 203.9 124.2 120.8 119.1 118.4 116.1 121.9 238.3 232.3 123.8 125.1 122.9 123.9 122.7 206.6 126.0 122.3 120.1 119.6 116.3 123.4 240.1 234.7 126.1 126.9 124.2 127.9 123.6 207.4 126.9 123.1 120.8 121.5 118.4 124.1 241.1 2374 127.2 127.3 125.5 129.2 125.1 209.7 127.5 124,3 122.2 124 0 121.0 125.4 112.6 121.7 122.5 123.7 124.8 125.7 127.2 111.0 118.6 118.8 120.8 121.4 122.5 123.8 Meats, poultry, fish, and eggs..................................................... Meats, poultry, and fish...................................................... Veats ....................................................................... Beef and veal.......................................................... Ground beef other than canned ............................... Chuck roast ........................................................ Round roast ........................................................ Rojnc steak ........................................................ S.rlom steak ........................................................ Other beef and veal (12/77 = 100) ......................... Pork....................................................................... Bacon ................................................................. Pork chops .......................................................... Ham other than canned (12/77 = 100)...................... Sausage .............................................................. Canned ham........................................................ Other pork (12/77 = 100)...................................... Other meats............................................................ Frankfurters ........................................................ Bologna, liverwurst, and salami (12/77 = 100) ........... Other lunchmeats (12/77 = 100)............................. Lamb and organ meats (12/77 = 100)...................... Poultry ..................................................................... Fresh whole chicken ............................................. Fresh and frozen chicken parts (12/77 = 100) ........... Other poultry (12/77 = 100) .................................. Fish and seafood ........................................................ Canned fish and seafood (12/77 = 100).................... Fresh and frozen fish and seafood (12/77 = 100)....... Eggs................................................................... 232.3 236.6 238.6 243.4 255.5 259.1 220.9 224.8 226.1 137.3 232.3 227.2 224.6 106.8 282.2 236.6 131.2 229.6 2268 126.3 119.4 124.3 185.8 185.3 118.6 122.5 293.0 107.9 113.8 182.1 231.0 236.0 238.1 254.2 261.4 261.0 229.2 239.2 251.0 145.6 206.5 194.0 198.1 95.2 258.4 216.6 117.4 240.2 235.9 133.2 121.6 135.6 174.8 169.9 111.8 119.2 309.7 113.9 120.4 170.7 230.3 235.9 238.6 256,2 263.4 263.3 230.3 242.2 250.4 147.1 204.3 190.5 195.1 94.8 257.6 218.2 115.2 240.7 236.8 134.2 120.3 137.7 170.3 159.7 110.1 120.3 311.5 115.2 120.7 161.3 230.2 235.2 237.4 255.5 264.2 263.1 229.1 241.9 247.0 146.3 201.0 186.3 188.8 95.9 254.5 214.8 112.9 242.0 2389 133.4 121.6 138.3 171.6 166.7 110.8 115.9 312.2 116.8 120.1 170.1 235.5 239.8 242.3 262.2 271.2 268.1 238.1 247.5 250.8 150.2 205.0 193.6 187.8 102.5 256.5 218.9 112.6 243.0 2393 134.4 121.5 140.0 176.2 175.2 112.3 116.9 312.6 117.1 120.2 185.9 238.0 243.0 244.1 264.6 271.4 274.7 241.9 249.8 250.9 151.8 2064 194.5 192.1 99.1 256.6 220.8 116.2 243.2 2390 134.1 121.2 141.6 187.8 191.1 120.7 119.3 316.7 118.5 121.9 178.2 2362 242.6 244.1 266.2 273.3 277.7 244.5 252.3 251.1 152.2 202.8 190.1 189.7 95.7 255.1 219.5 114.3 244.7 242.7 135.6 120.7 142.4 182.6 183.6 116.8 118.8 320.4 120.3 123.0 157.2 232.2 236.4 238.3 245.3 255.9 267.9 222.7 2243 226.0 138.0 231.9 229.1 226.7 105.6 278.9 235.7 130.4 226.4 224.7 123.8 117.0 124.8 184.3 181.9 119.0 121.9 290.8 107.3 112.9 182.4 230.5 235.4 237.7 256.4 263.5 267.9 231.0 2357 253.9 146.6 206.1 195.6 196.1 94.3 2584 215.3 117.5 236.6 236.1 129.5 119.0 136.9 172.8 1658 110.9 119.8 304.4 113.5 117.5 170.5 229.7 235.3 238.1 257.5 265.8 268,3 233.0 239.4 249.6 147.0 204.7 194.4 194.9 94.0 258.1 215.8 115.1 238.0 237.7 130.7 118.8 138.8 168.3 157.7 108.4 119.8 306.5 114.5 118.1 160.3 230.0 235.0 2373 257.7 266.0 273.1 232.7 239.7 247.4 146.6 201.5 188.7 188.1 95.4 255.8 214.6 112.7 2385 237.2 130.4 119.5 139.8 170.1 163.3 110.7 116.0 307.5 116.0 117.8 169.6 235.1 239.2 241.8 263,7 273.0 274.2 240.5 246.2 253.5 149.9 205.6 195.8 189.1 100.9 258.3 219.1 112.7 239.5 238.7 130.8 119.4 141.7 173.9 169.8 111.8 117.4 309.1 116.5 118.5 186.6 237 5 242.5 243.7 266.7 272.7 283.6 245.1 249.4 253.5 151.9 206.8 195.3 194.8 96.5 260.3 219.3 116.2 239 3 239.5 130.5 118.7 142.5 184.3 183.8 118.7 120.1 315.4 118.4 121.2 177.0 236.4 242.8 244.3 2689 276.2 288.7 245.8 250.5 253.0 152 8 204.1 193.8 191.0 95.2 257.0 218.9 114.6 240.9 242.1 132.3 118.6 143.4 118.1 178.9 117.0 119.4 317.9 119.7 122.0 156 7 Dairy Products ................................................................. Fresh milk and cream (12/77 = 100) ............................. Fresh whole milk...................................................... Other fresh milk and cream (12/77 = 100) .................. Processed dairy products (12/77 = 100)......................... Butter..................................................................... Cheese (12/77 = 100)............................................. Ice cream and related products (12/77 = 100).............. Other dairy products (12/77 = 100) ........................... 200.6 113.5 186.0 113.2 113.2 193.3 113.9 112.7 110.2 211.3 119.0 195.4 118.1 120.1 209.9 120.1 120.1 115.5 213.3 120.3 197.6 119.2 120.9 213.3 121.0 120.4 116.4 216.0 121.9 200.4 120.6 122.3 214.4 122.7 121,4 117.8 216.9 122.7 201.2 122.0 1225 214.0 122.6 122 6 117.9 218.4 1232 202.3 122.1 123 8 216.9 123.5 124.0 119.8 219.5 123.7 203.2 122.7 124.5 218.3 124.2 124.6 120.9 201.1 113.7 186.3 113.3 113.6 194.6 113.8 113.7 110.6 212.0 119.5 195.6 119.3 120.5 212.3 120.2 120.7 115.6 214.0 120.4 197.4 119.8 121.7 216.6 121.1 121.9 116.9 2163 121.8 199.7 121.1 123.0 217.1 122.5 123.4 118.2 217.4 122 6 200.9 122.2 123.3 2166 122.7 124.3 118.3 218.9 123.2 201 8 122.8 124.5 219.8 123.6 125.6 120.4 2198 123.6 202.7 123.0 125.1 2209 124.4 125.6 121.3 Fruits and vegetables ........................................................ Fresh fruits and vegetables........................................... Fresh fruits.............................................................. Apples ............................................................... Bananas .............................................................. Oranges .............................................................. Other fresh fruits (12/77 = 100) ............................. Fresh vegetables ..................................................... Potatoes ............................................................... Lettuce............................................................... Tomatoes ............................................................ Other fresh vegetables (12/77 = 100) ...................... 226.5 232.7 217.5 212.9 188.4 254.3 109.6 246.9 194.8 341.2 195.0 137.7 231.8 234.7 271.6 244.7 210.3 312.3 147.1 2003 199.3 219.6 178.5 109.5 232.0 235.5 260.4 212.7 2066 306.7 143.9 212.2 191.1 262.9 194.4 114.0 229.5 230.1 242.7 207.2 209.0 293.9 127.5 218.4 195.7 244.2 2253 119.1 230.2 230.1 234.9 221 8 225.2 2567 121.1 225.7 2070 227.5 227.9 128.0 229.8 227.2 2336 230.4 221.9 2362 122.5 221.2 2038 197.6 216.7 132.0 228.3 223.1 235.8 239.6 238.5 231.1 121.4 211.2 203.3 198.7 184.9 125.1 225.4 231.9 215.2 209.4 188.1 245.1 109.9 247.0 197.8 341.6 199.0 136.4 229.6 232.9 271.2 243.1 208.4 291,8 152.3 198.4 193.4 2229 179.2 108.0 230.2 2336 2606 2129 199.7 2903 149.7 209.4 183.8 2642 194.1 112.5 226.7 2267 238.3 207.7 206.5 283.3 125.7 216.4 191.7 239.0 225.4 118.9 228.3 228.5 233.3 220.2 2220 249.5 121.6 224.2 199.6 231.3 224.8 128.1 227.2 224.9 232.7 230.1 219.5 231.3 122.7 217.9 200.9 193.2 213.2 130.5 225.9 220.6 234.7 237.6 234.6 2284 121.3 207.9 199.8 191.7 184.3 123.9 Processed fruits and vegetables .................................... Processed fruits (12/77 = 100).................................. Frozen fruit and fruit juices (12/77 = 100) ................ Fruit juices and other than frozen (12/77 = 100)......... Canned and dried fruits (12/77 = 100)...................... Processed vegetables (12/77 = 100) ......................... Frozen vegetables (12/77 = 100) ........................... 221.6 115.5 114.0 112.8 119.7 107,2 107.3 2306 120.6 116.3 119.3 125.5 111.2 109 8 230.1 120.4 116.3 119.8 124,6 110.9 110.2 231.0 121.2 116.6 122.1 124.2 110.9 110.2 232.3 121.8 116.8 123.6 124.2 111.7 110.6 234.7 122.9 117.2 125.1 125.3 113.0 111.9 236.2 1234 117.6 126.0 125.5 114.0 113.0 220.0 115.3 113.8 113.0 118.9 106.4 106.7 2279 119.8 114.9 119.7 123.9 109.9 109.4 228.3 120.3 115.2 120.7 124.0 109.8 110.2 228.6 121.1 115.7 122.4 124.0 109.4 109 6 230.0 121.3 115.9 123.4 123.5 110.5 110.8 231.8 122.4 116.5 124.5 124.8 111.2 111.4 2339 123.6 117.8 126.3 125.3 112.2 111.7 Food 86 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 23. Continued— Consumer Price Index— U.S. city average [1967 = 100 unless otherwise specified] Urban Wage Earners and Clerical Workers (revised) All Urban Consumers General summary 1980 1979 1979 1980 Feb. Sept. Oct. Nov. Dec. Jan. Feb. Feb. Sept. Oct. Nov. Dec. Jan. Feb. Fruits and vegetables —Continued Cut corn and canned beans except lima (12/77=100) ... Other canned and dried vegetables (12/77=100)........... Other foods at home............................................................... Sugar and sweets................................................................... Candy and chewing gum (12/77=100) ................................ Sugar and artificial sweeteners (12/77=100).................... Other Sweets (12/77=100) .......................................... Fats and oils (12/77=100) ................................................. Margarine ................................................................. Nondairy substitutes and peanut butter (12/77 = 100) ......... Other fats, oils, and salad dressings (12/77-100) ............ Nonalcoholic beverages .................................................... Cola drinks, excluding diet cola...................................... Carbonated drinks, including diet cola (12/77=100)........... Roasted coffee .......................................................... Freeze dried and instant coffee...................................... Other noncarbonated drinks (12/77=100)....................... Other prepared foods ........................................................ Canned and packaged soup (12/77-100)....................... Frozen prepared foods (12/77=100)............................... Snacks (12/77=100).................................................. Seasonings, olives, pickles, and relish (12/77=100)........... Other condiments (12/77=100) .................................... Miscellaneous prepared foods (12/77=100) .................... Other canned and packaged prepared foods (12/77=100) .. 111.0 105.3 261.9 270.2 113.5 114.3 109.4 219.2 235.2 109.1 113.2 347.8 233.6 113.3 357.5 335.0 112.1 201.8 108.8 113.2 110.9 113.6 110.4 112.2 112.4 114.7 110.1 276.0 282.0 119.7 115.9 115.3 231.5 245.5 114.6 120.6 367.7 242.7 117.9 425.9 359.9 114.0 212.6 113.1 123.1 118.4 117.4 115.9 116.8 116.7 113.6 109.9 278.0 283.1 119.9 119.0 115.9 231.9 244.4 115.1 121.1 372.1 246.4 118.5 432.4 366.5 114.8 213.4 113.4 123.1 119.6 118.8 115.8 117.2 116.7 113.4 110.0 279.6 283.2 120.1 116.2 116.4 232.3 246.2 115.1 121.0 374.3 247.5 118.4 438.1 370.2 115.7 215.3 114.3 124.5 120.4 118.9 116.8 119.0 117.7 114.4 110.9 281.1 284.6 120.1 117.2 117.5 233.0 247.7 115.7 121.1 375.4 247.2 118.7 440.7 374.3 116.3 217.4 115.9 125.6 121.3 120.1 119.5 118.9 118.6 114.5 112.9 283.5 289.8 121.3 122.2 118.7 233.9 248.3 115.3 121.9 378.5 249.5 119.9 4432 378.2 116.8 218.8 116.5 126.0 121.8 121.4 120.8 119.6 119.4 115.2 113.9 288.0 297.5 122.4 131.5 119.5 235.9 247.9 116.4 123.6 384.5 255.9 122.3 439.6 382.2 118.3 221.8 118.1 126.6 123.4 123.6 123.7 120.7 121.2 110.2 104.3 261.5 270.2 113.8 114.5 108.2 219.8 235.2 109.1 113.8 347.0 230.7 111.9 357.4 335.3 111.5 201.9 108.9 112.9 111.9 113.0 110.8 112.0 111.7 112.6 108.7 274.7 281.2 119.3 116.4 114.0 230.7 242.8 114.5 120.4 365.0 240.1 115.7 418.2 358.9 112.7 212.4 113.3 121.1 119.0 116.3 117.5 116.3 116.7 111.9 108.5 276.5 282.2 119.6 116.9 114.8 231.9 244.9 114.6 121.0 368.2 242.0 116.1 424.4 365.3 113.5 213.4 113.3 122.0 120.6 117.6 117.0 116.7 116.9 111.8 108.1 278.3 281.9 119.8 116.2 114.6 232.8 246.7 115.0 121.3 370.7 243.6 115.6 430.8 369.3 114.8 215.7 114.8 122.9 121.7 118.2 118.5 118.6 118.0 113.0 109.1 279.9 284.1 119.9 117.6 116.6 233.7 247.8 115.8 121.5 372.3 243.4 116.4 435.3 372.9 115.5 217.2 116.3 123.9 122.2 119.0 120.2 118.7 118.6 112.7 110.4 282.6 289.6 121.2 122.7 117.5 234.9 248.8 116.1 122.3 375.6 246.5 116.4 440.1 376.8 116.2 219.1 116.8 125.1 122.8 121.1 121.4 119.7 119.5 11.3.4 111.9 287.3 297.1 122.2 131.6 118.5 236.5 247.9 117.2 123.8 383.0 253.6 120.2 436.8 380.4 117.5 221.7 117.9 125.5 124.7 123.1 124.6 120.5 120.3 Food away from home................................................................... Lunch (12/77=100) ............................................................... Dinner (12/77=100) ............................................................... Other meals and snacks (12/77=100)........................................ 233.4 113.9 113.1 112.3 247.6 120.7 120.3 118.6 249.6 121.3 121.6 119.5 251.3 122.3 122.4 120.2 253.4 123.3 123.4 121.4 256.1 124.6 124.8 122.5 258.3 125.9 125.8 123.2 234.3 114.2 113.2 113.3 249.3 121.7 120.9 119.9 251.3 122.2 122.4 120.5 252.7 123.2 123.0 120.9 255.1 124.0 124.2 122.5 258.0 125.7 125.6 123.7 260.1 126.7 126.8 124.4 Alcoholic beverages 167.7 174.2 176.0 177.4 178.0 179.3 180.4 167.7 174.9 176.9 178.0 178.7 179.7 181.1 Alcoholic beverages at home (12/77=100)........................................ Beer and a le.......................................................................... Whiskey ............................................................................... Wine..................................................................................... Other alcoholic beverages (12/77=100)...................................... Alcoholic beverages away from home (12/77=100)............................. 108.9 163.6 124.5 188.7 104.5 111.6 113.3 172.3 129.0 195.2 105.5 115.1 114.6 175.1 129.4 198.0 105.9 115.9 115.6 176.9 130.7 198.1 107.0 116.4 116.0 177.8 130.8 199.1 106.9 116.8 116.8 179.0 131.6 201.6 107.1 118.0 117.4 179.9 132.6 202.5 107.3 119.2 109.6 164.0 125.9 190.9 103.6 108.8 114.3 171.8 130.4 2Ò2.7 105.3 113.4 115.7 175.2 131.0 202.5 105.9 114.2 116.5 176.9 131.9 201.5 106.2 114.9 117.0 177.6 132.0 204.0 106.4 115.2 117.6 178.8 132.9 203.8 106,4 115.9 118.3 179.9 133.8 206.1 106.7 117.6 FOOD AND BEVERAGES Continued Food — Continued Food at home —Continued H O U S IN G ........................................................................................................... 2156 234.6 237.7 240.8 243.6 247.3 250.5 215.4 234.5 237.7 240.7 243.6 247.3 250.5 Shelter 225.9 247.4 251.5 255.9 259.4 264.0 267.2 226.2 248.2 252.4 256.9 260.4 265.1 268.3 Rent, 'es dental............................................................................ 171.0 179.0 181.4 182.1 1829 184.1 185.6 170.9 178.9 181.2 181.9 182.7 183.9 185.5 Other rental costs ........................................................................ Lodging while out of town.......................................................... Tenants’ insurance (12/77=100) ............................................... 224.8 235.1 106.3 239.3 251.8 113.7 241.6 254.2 114.1 243.1 256.2 114.6 2449 258.4 115.1 251.1 267.0 116.2 255.7 272.8 117.8 224.7 234.3 106.6 238.6 249.9 114.1 241.3 253.0 114.7 242.6 254.6 115.0 244.4 256.9 115.5 251.1 266.1 116.8 255.6 271.6 118.5 Homeownership............................................................................ Home purchase...................................................................... Financing, taxes, and insurance ................................................. Property insurance ............................................................ Property taxes ................................................................. Contracted mortgage interest cost........................................ Mortgage interest rates................................................. Maintenance and repairs .......................................................... Maintenance and repair services ......................................... Maintenance and repair commodities .................................... Paint and wallpaper, supplies, tools, and equipment (12/77=100) ........................................... Lumber, awnings, glass, and masonry (12/77=100)........... Plumbing, electrical, heating, and cooling supplies (12/77=100)............................................... Miscellaneous supplies and equipment (12/77=100) ......... 2456 2109 283.5 297.4 1808 338.1 157.6 245.9 265.7 199.9 271.9 229.8 323.0 316.7 184.7 396.7 169.7 262.5 284.4 211.5 276.7 233.4 330.5 319.9 185.1 408.1 172.0 264.7 287.0 212.5 282.4 237.3 340.1 320.8 185.1 423.1 175.4 266.4 288.8 214.0 286.9 239.9 348.3 323.1 186.0 435.3 178.3 268.3 2904 216.6 2925 242.1 359.8 327.7 186.7 452.8 183.7 270.6 293.2 217.6 2963 243.0 367.7 333.7 188.2 464.0 187.5 273.7 297.1 218.9 246.2 210.8 285.0 2976 182.3 338.1 157.7 245.7 265.8 200.4 273.3 230.0 325.6 3185 186.1 397.1 169.7 263.4 287.2 210.8 278.3 233.6 333.5 321.9 186.5 408.8 172.0 265.3 289.4 211.9 284.1 237.7 343.5 322.6 186.6 424.2 175.6 266.5 290.3 213.6 288.7 240.2 351.6 324.5 187 4 436.1 178.4 268.9 292.8 215.8 2946 242.3 363.4 328.8 188.2 453.7 1838 271.9 295.9 2184 298.4 243.0 371.6 335.2 189.9 465.0 187.8 274.4 299.3 219.5 110.3 108.9 117.0 115.2 117.4 116.0 118.8 115.5 121.6 115.4 122.5 115.9 123.5 115.8 111.3 109.5 116.1 115.7 116.6 116.2 118.1 117.2 120.3 118.1 122.2 118.6 122.3 119.3 105.7 107.9 111.9 112.9 112.8 113.3 113.4 113.8 114.7 114.3 114.7 115.4 115.3 116.4 106.0 106.1 112.6 111.2 113.8 111.9 114.0 112.2 114.5 112.3 117.0 113.2 117.9 114.5 Fuel and other utilities 223.3 251.2 252.9 252.0 255.1 258.6 263.8 223.5 251.7 253.4 252.4 255.7 259.2 264.4 Fuels ......................................................................................... Fuel oil, coal, and bottled gas.................................................... Fuel oil............................................................................ Other fuels (6/78 = 100) .................................................. Gas (piped) and electricity ........................................................ Electricity........................................................................ Jtility (piped) gas ............................................................. 259.3 326.1 330.4 99.5 241.2 205.7 284.1 306.6 461.6 482.5 114.4 270.1 230.6 317.5 310.3 470.8 491 2 1185 272.5 228.7 329.1 307.0 477.4 4972 121.7 267.3 221.5 328.9 311.8 488.0 507.3 126.0 270.8 224.7 332.6 318.0 514.0 534.4 132.7 273.0 226.6 335.1 327.1 539.1 561.9 136.6 278.8 2338 336.8 259.3 326.4 3307 99.6 241.0 205.9 2830 306.6 462.5 483 3 114.6 269.9 231.1 3158 310.1 471.7 491.9 118.8 272.2 228.8 327.4 306.9 478.2 497.7 122.2 267.1 221.5 327.8 311.8 489.0 508.1 126.6 270.7 224.9 331.1 318.1 515.1 534.9 133.7 273.0 226.8 333.8 327.0 540.3 562.5 137.9 278.5 2339 335.4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 87 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Consumer Prices 23. Continued— Consumer Price Index— U.S. city average [1967 = 100 unless otherwise specified] All Urban Consumers General summary Urban Wage Earners and Clerical Workers (revised) 1979 1980 1979 1980 Feb. Sept. Oct. Nov. Dec. Jan. Feb. Feb. Sept. Oct. Nov. Dec. Jan. Feb. Other utilities and public services ...................................................... Telephone services ................................................................... Local charges (12/77 = 100) ....................... ....................... Interstate toll calls (12/77 = 100) .......................................... Intrastate toll calls (12/77 = 100) .......................................... Water and sewerage maintenance ............................................... 159.0 132.2 100.5 98.4 100.7 240.6 159.8 132.4 100.4 98.4 101.4 245.3 158.8 131.2 98.7 98.4 101.7 245.6 161.0 133.3 101.8 98.4 101.5 247.1 161.9 134.3 103.2 984 101.5 247.2 161.5 133.4 102.6 97.7 100.8 250.0 161.3 132.8 102.7 97.4 98.8 252.3 159.1 132.3 100.6 98.5 100.6 241.1 159.8 132.4 100.5 98.4 101.3 245.5 158.9 131.3 98.8 98.4 101.5 245.8 160.9 133.3 101.8 98.4 101.3 247.2 161.8 134.2 103.2 98.4 101.3 247.3 161.5 133.4 102.6 97.7 100.6 250.5 161.4 132.8 102.7 97.5 98.7 253.0 HOUSING — Continued Fuel and other utilities — Continued Household furnishings and operations 186.0 192.2 193.3 195.1 195.8 196.9 199.0 184.8 190.6 191.7 193.2 193.9 194.9 196.8 Housefurnishings ............................................................................ Textile housefurnishings.............................................................. Household linens (12/77 = 100) ........................................... Curtains, drapes, slipcovers, and sewing materials (12/77 = 100) . Furniture and bedding ............................................................... Bedroom furniture (12/77 = 100) .......................................... Sofas (12/77 = 100) .......................................................... Living room chairs and tables (12/77 = 100) ........................... Other furniture (12/77 = 100)............................................... Appliances including TV and sound equipment................................ Television and sound equipment (12/77 - 100) ....................... Television .......................................................... Sound equipment (12/77 = 100) .................................... Household appliances.......................................................... Refrigerators and home freezer........................................ Laundry equipment (12/77 = 100) .................................. Other household appliances (12/77 = 100)....................... Stoves, dishwashers, vacuums, and sewing machines (12/77 = 100) .......................................... Office machines, small electric appliances, and air conditioners (12/77 = 100)............................. Other household equipment (12/77 = 100).................................... Floor and window coverings, infants’ laundry cleaning and outdoor equipment (12/77 = 100) .................... Clocks, lamps, and decor items (12/77 = 100) ....................... Tableware, serving pieces, and nonelectric kitchenware (12/77 = 100) ............................................... Lawn equipment, power tools, and other hardware (12/77 = 100) , 160.0 169.2 103.1 108.0 172.1 108.8 103.8 102.9 110.5 134.5 103.7 102.9 105.5 153.4 151.3 107.7 108.3 164.1 175.3 106.7 112.0 178.3 114.8 107.1 105.1 113.9 136.2 104.7 102.9 107.5 155.8 154.1 110.9 109.1 165.2 177.8 107.7 114.2 180.0 116.4 107.3 106.2 115.0 136.9 104.9 103.4 107.4 156.9 155.3 112.1 109.8 166.6 178.9 108.8 114.4 182.2 117.7 107.9 107.7 116.8 137.5 105.0 103.6 107.4 158.2 156.0 113.1 110.8 166.9 178.6 108.3 114.6 182.8 118.3 108.2 108.1 117.1 137.5 105.3 103.6 107.8 157.9 156.7 113.6 109.9 167.6 176.7 105.4 115.1 184.0 119.1 108.2 108.9 118.1 137.8 105.3 103.7 107.8 158.5 156.7 114.1 110.5 169.3 182.9 110.1 118.2 185.2 120.5 108.5 110.0 118.3 138.3 105.4 103.7 108.1 159.4 156.5 115.0 111.3 159.4 170.4 103.4 109.5 171.5 107 8 103.8 103.8 109.7 134.0 103.0 101.6 105.2 153.1 154.3 107.1 107.1 163.5 174.9 106.3 112.2 178.5 113.0 108.6 106.7 114.2 135.7 104.4 101.9 107.4 155.2 156.5 111.2 107.2 164.4 177.2 107.4 114.1 180.3 114.8 109.6 107.5 114.7 135.7 104.1 102.0 106.9 155.6 157.9 111.3 107.2 165.5 178.4 108.3 114.5 182.1 115.9 111.7 108.6 115.3 136.2 104.4 102.4 107.1 156.2 158.1 112.2 107.6 165.9 177.3 107.2 114.4 182.7 116.0 111.6 109.2 115.9 136.9 104.8 102.2 108.0 157.1 159.0 112.8 108.2 166.5 175.3 106.0 113.2 183.6 116.8 110.6 109.4 117.8 137.2 104.9 102.2 108.2 157.7 159.4 113.8 108.6 167.9 181.2 109.8 116.6 184.3 117.5 110.3 111.2 117.5 137.8 104.9 102.3 108.2 158.8 159.7 114.7 109.5 109,1 108.6 109.0 109.7 108.6 110.0 110.8 108.2 107.7 106.9 107.1 108.1 109.2 110.5 107.5 107.9 109.7 110.9 110.7 111.2 112.1 112.4 111.4 113.0 111.1 114.6 112.0 115.9 105.8 107.3 106.8 110.3 107.6 110.8 108.2 111.6 108.3 111.8 107.8 113.3 108.4 114.4 107.3 104.1 111.1 108.0 109.8 108.6 111.1 110.0 111.7 110.1 113.1 111.6 114.5 112.7 103.1 104.9 105.8 107.0 105.5 107.1 107.7 108.2 107.4 107.3 108.9 109.4 109.4 109.8 111.8 105.8 114.7 107.6 115.4 108.5 116.8 109.0 117.2 110.3 119.9 110.6 121.4 111.7 109.9 107.9 114.5 109.5 114.7 111.0 115.2 111.1 115.2 112.5 117.3 113.0 118.9 114.2 Housekeeping supplies........................................................ Soaps and detergents ............................................................. Other laundry and cleaning products (12/77 = 100) ........................ Cleansing and toilet tissue, paper towels and napkins (12/77 = 100) .. Stationery, stationery supplies, and gift wrap (12/77 = 100) ............. Miscellaneous household products (12/77 = 100).............. Lawn and garden supplies (12/77 = 100)......................... 216.9 210.0 108.1 114.1 106.1 109.7 107.3 224.1 215.1 112.3 116,4 109.9 113.3 112.7 224.8 217.9 113.7 117.2 109.5 114.3 110.0 228.3 220.6 114.1 119.2 111.3 115.6 113.8 229.2 221.2 114.7 120.5 111.9 116.9 112.5 231.1 224.1 116.1 120.6 111.6 117.7 114.4 2350 2289 117.2 121.2 112.7 119.4 119.4 216.3 208.4 108.1 114.1 105.4 108.2 108.2 2226 214.5 112.4 117.1 108.3 111.6 109.9 223.9 216.3 113.5 117.9 108.6 112.7 108.8 226.7 218.2 113.7 119.6 109.2 114.1 113.2 227.2 219.7 114.5 120.9 109.3 114.7 109.9 228.8 222.2 115.6 121.8 109.0 115.0 111.3 232.8 2265 117.1 123.4 112.3 116.6 113.3 Housekeeping services................................................... Postage ............................................................. Moving, storage, freight, household laundry, and drycleaning services (12/77 = 100) ......................... Appliance and furniture repair (12/77 = 100) ...................... 241.4 257.3 253.4 257.3 254.6 257.3 256.6 257.3 258.1 257.3 260.0 257.3 261.6 257.3 240.5 257.2 252.1 257.2 253.9 257.2 255.9 257.2 257.5 257.2 259.2 257.2 261.1 257.2 110.7 107.0 118.1 111.7 118.8 112.3 120.4 112.9 121.2 113.4 122.9 114.0 124.2 114.7 111.6 106.2 118.6 111.1 119.7 112.1 121.2 112.9 122.3 113.4 123.3 114.4 124.6 115.5 APPAREL AND UPKEEP 161.4 169.8 171.0 171.7 172.2 171.0 171.9 161.6 169.3 170.8 171.3 171.4 169.8 171.5 Apparel commodities 156.3 164.2 165.2 165.9 166.1 164.3 165.1 156.7 163.9 165.3 165.7 165.7 163.6 165.2 154.1 156.7 99.2 96.3 94.0 105.3 102.2 98.0 99.7 92.5 105.2 103.2 147.7 99.0 161.0 160.5 98.1 103 6 86.6 94.6 92.8 92.0 161.5 162.7 102.7 100.0 96.5 110.6 107.2 99.0 104.8 102.7 109.4 104.5 155.9 103.9 174.1 171.1 99.8 106.2 96.7 102.4 102.8 100.3 162.3 164.2 103.5 101.6 97.8 109.9 108.5 99.5 106.3 103.9 110.8 106.5 155.5 103.4 173.9 167.2 99.6 106.6 97.1 103.6 102.8 102.5 162.9 165.4 104.3 101.2 98.1 112.4 109.7 100.5 106.6 103.2 111.5 107.4 155.1 103.0 173.3 164.3 99.2 108.1 95.2 103.9 102.2 103.6 163.0 165.4 104.3 100.9 98.0 112.3 110.5 100.4 106.6 102.4 111.9 107.8 154.6 102.8 170.0 165.3 98.6 108.2 95.8 102 8 100.3 102.6 161.1 162.8 102.6 98.8 95.5 112.2 108.6 98.2 105.6 99.3 111.5 108.2 151.5 100.8 166.4 161.3 96.1 108.6 91.0 100.5 97.5 99.9 161.8 162.7 102.3 98.2 93.6 112.7 109.3 97.7 106.3 99.9 110.9 109.5 151.1 100.8 163.1 160.6 97.1 110.2 88.2 98.9 95.7 98.2 154.7 157.6 100.2 95.5 97.8 104.1 102.6 100.4 99.0 91.3 105.2 102.7 147.7 99.4 163.5 158.6 96.7 104.1 91.5 93.4 90.9 91.8 161.2 163.2 103.2 98.3 99.1 108.6 107.1 102.5 103.9 102.0 108.8 103.5 154.4 103.0 175.7 158.5 100.4 107.4 98.1 101.1 98.5 102.1 162.4 164.4 103.8 99.1 99.5 109.1 108.3 102.8 105.3 103.8 110,1 104.7 154.8 103.3 174.1 159.1 100.4 107.9 999 101.5 97.9 103.5 162.7 165.3 104.5 98.7 99.7 110.0 109.4 104.0 105.6 103.4 109.7 105.8 154.5 103.0 172.4 156.8 100.7 108.9 97.5 101.7 97.5 104.3 162.6 165.0 104.2 96.8 99.1 109.9 111.5 103.4 105.8 103.1 110.2 106.2 153.5 102.3 167.9 155.7 99.5 109.3 98.1 101.4 97.7 102.9 160.2 162.4 102.3 94.9 95.6 109.3 108.3 102.2 104.7 99.8 109.7 106.6 149.9 100.1 165.0 150.0 97.1 109.1 94.0 97.9 91.9 99.8 161.9 162.9 102.4 94.4 92.2 111.1 109.4 102.2 105.9 101.9 109.5 107.7 151.3 101.4 162.4 151.2 992 110.6 96.8 97.3 92.6 98.1 102.2 105.7 106.7 107.2 107.3 106.7 105.6 ' 100.5 103.5 103.9 104.2 104.4 104.4 103.5 Apparel commodities less footwear......................... Men’s and boys’ ............................................... Men’s (12/77 = 100) ............................................. Suits, sport coats, and jackets (12/77 = 100) .............. Coats and jackets (12/77 = 100).................... Furnishings and special clothing (12/77 = 100) .............. Shirts (12/77 = 100) ........................................... Dungarees, jeans, and trousers (12/77 = 100) ................ Boys’ (12/77 = 100) ................................................... Coats, jackets, sweaters, and shirts (12/77 = 100) ............ Furnishings (12/77 = 100)......................................... Suits, trousers, sport coats, and jackets (12/77 = 100) ....... Women’s and girls’ ............................................. Women’s (12/77 = 100)........................................... Coats and jackets ......................................... Dresses ........................................................ Separates and sportswear (12/77 = 100)....................... Underwear, nightwear, and hosiery (12/77 = 100).............. Suits (12/77 = 100)...................................... Girls (12/77 = 100) ...................................... Coats, jackets, dresses, and suits (12/77 = 100)................ Separates and sportswear (12/77 = 100) ......................... Underwear, nightwear, hosiery, and accessories (12/77 = 100).......................................... 88 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 23. Continued— Consumer Price Index— U.S. city average [1967 = 100 unless otherwise specified] Urban Wage Earners and Clerical Workers (revised) All Urban Consumers General summary 1979 1980 1979 1980 Feb. Sept. Oct. Nov. Dec. Jan. Feb. Feb. Sept. Oct. Nov. Dec. Jan. Feb. Apparel commodities less footwear—Continued Infants' and toddlers’ ............................................................... Othe' apparel commodities ...................................................... Sewing materials and notions (12/77 - 100) ......................... Jewelry and luggage (12/77 - 100) .................................... 213.7 164.8 100.6 109.2 223.4 172.6 102.3 115.6 224.8 175.5 102.2 118.3 226.3 177.8 100.8 121.0 227.1 180.9 102.4 123.1 224.9 184.4 103.2 126.1 226.6 191.4 106.3 131.2 214.6 167.5 100.2 112.0 226.0 174.9 100.4 118.9 228.7 178.7 100.8 122.3 228.7 179.8 99.7 123.8 230.5 182.9 100.8 126.2 229.1 185.5 101.2 128.4 232.7 191.8 105.7 132.3 Footwear..................................................................................... Men's (12/77 - 100) .............................................................. Boys' and girls' (12/77 = 100) ................................................. Womens’ (12/77 = 100).......................................................... 168.9 106.8 106.6 104.5 180.1 115.0 111.6 112.0 182.6 116.7 113.0 113.5 183.8 117.7 114.0 113.9 184.3 117.3 115.8 113.8 183.7 117.8 117.3 111.6 184.6 118.3 117.9 112.1 167.8 106.7 105.8 103.4 179.4 116.3 111.6 109.6 181.9 118.0 113.0 111.1 183.2 119.1 114.5 111.2 183.8 119.4 114.7 111.8 183.3 119.3 116.9 109.4 183.9 119.4 118.0 109.5 Apparel services ................................................................................................ 197.3 114.6 108.6 210.2 123.6 113.0 212.5 125.2 114,0 214.2 126.3 114.7 216.6 127.1 117.0 220.7 129.3 119.6 222.9 130.6 120.7 196.8 114.2 108.9 208.7 123.2 112.3 210.8 124.7 112.9 212.0 125.7 113.3 213.4 126.6 113.7 216.9 129.0 115.1 219.8 130.6 116.9 APPAREI. AND UPKEEP Apparel commodities Continued Continued Laundry and drycleaning other than coin operated (12/77 = 100)........... Other apparel services (12/77 - 100) ............................................. TRANSPORTATION 195.6 221.4 222.7 224.9 227.7 233.5 239.6 196.1 222.4 223.4 225.7 228.3 234.1 240.2 P r iv a t e ................................................................................................................... 195.5 222.0 223.1 225.0 227.5 233.5 239.8 195.9 222.7 223.7 225.7 228.2 234.1 240.4 New cars ................................................................................... Used cars ................................................................................... Gasol ne ..................................................................................... Automobl e maintenance and repair................................................... Body work (12/77 - 100)........................................................ Automobile drive train, brake, and miscellaneous mechanical repair (12/77 = 100) ........................................... Maintenance and servicing (12/77 = 100) .................................. Poweir plant repair (12/77 - 100) ............................................. Other private transportation ............................................................ Othe' private transportation commodities .................................... Motor oil, coolant, and other products (12/77 = 100) .............. Automobile parts and equipment (12/77 - 100)...................... Tires ........................................................................ Other parts and equipment (12/77 = 100) ...................... Othe- private transportation services........................................... Automobile insurance ........................................................ Automobile finance charges (12/77 = 100) ........................... Automobile rental, registration, and other fees (12/77 = 100) ... State registration ........................................................ Drivers’ license (12/77 = 100) ...................................... Vehicle inspection (12/77 = 100) .................................. Other vehicle related fees (12/77 - 100) ....................... 162.3 193.4 213.0 233.9 112.0 166.1 202.9 301.0 247.1 119.4 167.5 199.9 303.8 249.1 120.6 170.6 198.4 306.9 250.8 121.6 171.7 198.2 313.9 252.6 123.3 173.9 197.2 334.6 255.1 125.0 175.3 195.3 357.6 258.2 126.5 162.0 193.4 213.4 234.3 112.9 165.9 202.9 302.3 247.5 119.2 167.4 199.9 305.2 249.4 120.4 170.9 198.4 308.3 251.1 121.7 171.7 198.3 315.6 253.4 123.1 174.1 197.2 335.9 256.2 124.3 175.4 195.3 359.0 259.2 126.1 112.1 110.8 110.5 192.5 167.9 106.2 108.9 150.0 109.6 200.9 222.2 112.1 105.1 143.9 104.5 112.0 109.8 118.1 116.9 116.7 201.7 177.7 114.4 114.9 156.4 119.1 210.1 233.5 117.7 107.8 144.0 104.5 114.6 116.1 119.4 117.5 117.8 203.7 182.0 115.9 117.9 160.7 121.8 211.4 233.8 120.4 107.9 144.0 104.5 114.6 116.4 120.1 118.4 118.5 205.5 183.4 117.4 118.7 161.5 123.0 213.4 233.9 124.6 108.3 144.1 104.5 115.6 117.1 120.6 119.2 119.2 207.5 185.6 118.1 120.3 163.8 124.4 215.3 235.3 127.2 108.5 144.1 104.5 117.5 117.6 121.8 120.2 120.4 209.8 188.4 120.9 121.9 165.8 126.6 217.6 237.1 129.9 109.1 144.2 104.7 117.5 1188 123.2 121.3 122.5 212.6 191.2 123.9 123.5 168.5 127.3 220.4 240.2 132.1 109.8 145.2 104.8 119.0 119.6 112.9 110.1 111.0 193.1 170.2 106.8 110.5 152.1 111.4 201.1 222.2 111.3 105.5 143.7 104.3 112.8 112.3 119.0 116.8 117.0 202.3 178.7 114.5 115.7 158.1 118.6 210.6 233.5 117.0 108.4 143.9 104.3 115.5 120.3 120.2 117.3 118.0 204.0 181.6 115.9 117.6 161.1 120.0 211.9 2337 119.4 108.6 143.9 104.2 115.5 120.8 120.8 118.2 118.6 206.3 183.9 118.1 119.0 163.0 121.5 214.3 233.9 124.1 108.9 144.0 104.2 116.5 121.3 121.8 119.3 119.6 208.4 186.4 119.3 120.6 165.7 122.4 216.3 235.2 126.5 109.2 144.0 104.2 118.3 122.2 123.6 120.4 120.9 210.6 188.0 122.4 121.4 166.3 124.0 218.7 236.8 129.4 109.8 144.1 104.5 118.3 123 8 124.8 121.3 123.1 213.6 191.7 124.0 123.9 170.6 125.0 221.5 239.7 131.3 110.9 145.3 104.5 119.7 125.4 P u b lic ..................................................................................................................... 190.7 205.2 209.1 216.5 223.0 226.8 229.5 191.4 204.1 207.3 214.0 219.1 221.9 223.9 Arl ne fare................................................................................... Intercity bus fare .......................................................................... Intracity mass transit ..................................................................... Taxi fare ..................................................................................... Intercity train fare.......................................................................... 191.3 246.4 186.4 208.9 192.8 214.1 268.0 190.5 228.5 221.0 220.6 276.0 191.3 233.6 221.1 232.1 279.8 195.6 237.0 231.0 245.5 282.2 196.4 238.5 236.3 251.1 284.7 198.5 243.1 237.2 255.4 288.5 199.7 244.0 237.2 190.8 246.5 186.2 213.2 192.7 214.2 268.0 190.2 233.9 221.3 220.7 275.5 191.0 238.7 221.4 232.4 279.9 195.1 242.4 232.1 245.8 282.3 195.7 243.9 236.6 251.0 284.8 196.7 248.9 237.1 255.2 288.2 197.6 249.3 237.0 258.7 MEDICAL CARE .................................................................................................. 232.6 243.7 245.9 248.0 250.7 253.9 257.9 232.1 244.7 247.2 249.1 251.7 254.9 Medical care c o m m o d itie s............................................................................... 150.1 155.8 156.6 157.8 159.2 160.5 162.1 150.7 156.7 157.4 158.5 159.9 161.0 162.7 Prescription drugs ......................................................................... Anti-infective drugs (12/77 = 100)............................................. Tranquillizers and sedatives (12/77 = 100).................................. Circulatories and diuretics (12/77 = 100).................................... Hormones, diabetic drugs, biologicals, and prescription and supplies (12/77 = 100) .................................. Pain and symptom control drugs (12/77 = 100) ........................... Supplements, cough and cold preparations, and respiratory agents (12/77 = 100)........................................... 138.4 109.1 112.2 106.1 143.5 113.1 114.9 109.3 144.5 113.5 115.8 109.7 145.5 113.9 117.1 111.0 146.4 114.6 118.4 111.4 147.9 115.8 119.9 112.4 149.8 117.2 121.3 113.4 139.1 110.5 112.1 106.9 144.4 114.1 115.0 110.0 145.2 114.8 115.6 110.6 146.2 115.5 116.9 111.6 147.4 116.8 118.3 112.3 148.8 118.2 119.7 113.0 150.7 119.8 121.0 114.2 114.9 110.0 120.9 114.8 122.5 115.6 123.2 116.8 123.8 117.8 126.0 118.8 128.7 119.7 114.7 110.3 120.8 116.0 122.2 116.3 122.6 117.5 123.1 118.2 124.8 119.0 127.8 120.1 107.4 110.9 111.3 111.9 112.1 112.6 113.7 108.4 112.2 112.6 112.8 113.7 114.2 115.2 Nonprescription drugs and medical supplies (12/77 = 100) .................. Eyeglasses (12/77 = 100) ...................................................... Internal and respiratory over-the-counter drugs ............................. Nonprescription medical equipment and supplies (12/77 = 100)....... 107.8 105.1 166.2 107.2 112.0 109.2 173.0 110.8 112.5 110.2 173.7 111.0 113.4 110.9 175.4 111.8 114.6 110.9 177.9 113.1 115.3 111.5 179.1 113.8 116.3 112.9 180.4 114.6 108.3 105.5 167.3 107.4 112.8 109.3 174.7 111.2 113.2 110.0 175.2 111.8 114.0 110.4 176.6 112.7 115.1 110.5 178.5 114.2 115.6 111.4 179.0 115.0 116.6 112.6 180.8 115.6 ...................................................................................... 250.4 262.8 265.3 267.6 270.7 274.4 279.0 249.6 263.8 266.8 268.8 271.8 275.6 279.8 Professional services ..................................................................... Phys oans' services................................................................. Dental services....................................................................... Other professional services (12/77 - 100).................................. 220.7 236.3 209.4 108.8 230.3 248.4 217.2 112.4 231.6 249.7 218.5 112.7 233.0 250.8 220.7 112.8 235.9 252.5 224.5 115.1 238.9 256.0 227.4 116.6 242.9 260.2 231.5 118.1 220.9 236.2 210.9 107.6 233.1 251.5 220.7 111.7 234.9 254.4 221.2 112.1 235.9 255.5 222.7 112.2 238.3 256.5 226.1 114.8 241.7 260.3 229.5 115.9 245.5 264.1 233.4 117.4 Other medical care services............................................................ Hospital and other medical services (12/77 = 100)........................ Hospital room................................................................... Other hospital and medical care services ............................... 286.4 114.0 359.3 113.0 302.0 119.6 376.4 118.8 306.2 121.3 380.2 120.8 309.5 122.6 385.1 122.0 312.8 123.8 389.4 122.9 317.4 125.6 395.3 124.7 322.7 127.8 403.4 126.5 284.5 113.3 3568 112.3 301.3 118.9 374.1 118.0 305.9 120.5 379.4 119.5 309.3 121.8 383.6 120.8 313.0 123.2 388.7 122.1 317.3 124.9 393.9 123.8 322.1 126.8 398.8 125.9 Medical care services https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 89 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Consumer Prices 23. Continued— Consumer Price Index— U.S. city average [1967 = 100 unless otherwise specified] All Urban Consumers General summary Urban Wage Earners and Clerical Workers (revised) 1980 1979 1980 1979 Feb. Sept. Oct. Nov. Dec. Jan. Feb. Feb. Sept. Oct. E N TE R TA IN M E N T................................................................................................ 183.2 191.1 192.0 192.8 193.4 195.3 197.8 182.4 190.2 Entertainment commodities 184.0 192.0 193.1 194.0 195.2 197.6 200.4 182.6 Reading materials (12/77 = 100)..................................................... Newspapers ......................... ................................................. Magazines, periodicals, and books (12/77 = 100)......................... 107.1 208.3 108.5 111.9 214.5 115.0 113.8 217.7 117.2 114.5 222.4 116.0 115.1 223.5 116.8 1167 226.8 118.1 117.4 227.7 119.2 Sporting goods and equipment (12/77 = 100).................................... Sport vehicles (12/77 = 100) ................................................... Indoor and warm weather sport equipment (12/77 = 100).............. Bicycles ................................................................................ Other sporting goods and equipment (12/77 = 100) ...................... 105.8 106.2 104.0 155.6 104.4 111.3 111.7 107.8 167.1 110.3 112.2 112.9 107.5 167.1 111.0 113.8 106.1 165.6 109.3 111.2 111.5 107.5 167.1 110.0 Toys, hobbies and other entertainment (12/77 = 100) ......................... Toys, hobbies and music equipment (12/77 = 100)........................ Photographic supplies and equipment (12/77 = 100)...................... Pet supplies and expense (12/77 = 100) .................................... 106.4 107.2 105.7 105.4 110.4 110.4 108.9 111.6 110.8 110.7 109.4 112.1 111.2 110.5 109.9 113.5 112.1 111.2 1097 115.5 Entertainment services 182.4 190.2 190.8 191.5 Fees for participant sports (12/77 = 100).......................................... Admissions (12/77 = 100).............................................................. Other entertainment services (12/77 = 100)...................................... 107.3 111.4 105.8 113.0 115.2 109.4 113.2 115.7 110.0 113.8 116.1 110.0 Nov. Dec. 191.4 192.0 r 192.3 193.9 196.2 189.9 1907 191.3 192.4 194.2 196.9 106.8 208.0 108.3 111.4 214.2 114.8 113.3 217.4 117.2 114.2 222.2 115.8 114.8 223.3 116.6 116.2 2264 117.8 117.0 227.3 118.9 103.9 103.9 102.2 154.9 103.8 107.5 106.1 167.4 110.2 107.7 105.8 106.3 167.0 111.3 108.6 104.7 164.7 108.5 106.7 104.6 106.0 166.9 109.8 106.9 107.6 170.5 111.8 115.9 117.4 108.3 174,5 112.4 106.4 170.5 111.9 110.8 109,1 107.8 174.9 112.6 113.2 112.1 110.8 116.8 115.1 114.1 114.1 117.6 106.0 105.7 105.6 106.9 110.4 109.6 108.8 112.9 111.0 110.1 109.3 113.9 111.2 109.8 109.6 114.6 111.8 109.9 110.1 116.1 112.6 110.9 111.2 116.7 114.3 112.3 114.2 117.9 191.1 192.5 194.5 183.1 191.8 193.5 194.3 ' 193.0 194.4 196.0 113.8 116.6 108.6 114.6 117.9 109.1 116.0 118.3 111.4 107.3 111.5 106.3 113.4 116.3 110.9 114.9 116.8 111.4 115.2 117.3 112.0 ' 115.0 117.8 109.0 115.6 119.4 109.3 116.3 1197 111.8 203.0 2060 207.7 Jan. Feb. OTHER GOODS AND SERVICES 191.9 201.7 202.3 202.9 204.0 206.3 208 1 191.9 200.6 201.4 202.0 Tobacco products 185.2 190.9 191.3 191.5 192.1 1967 198.1 185.4 190.9 191.2 191.4 192.1 197.1 198.3 Cigarettes.................................................................................... Other tobacco products and smoking accessories (12/77 = 100)........... 187.9 107.9 193.6 112.2 193.8 113.0 194.0 112.8 194.7 113.2 199.7 113.9 200.9 115.6 188.2 107.4 193.7 111.0 193.9 112.3 194,1 112.4 194.8 1127 200.3 113.4 201 3 114,8 Personal care 190.4 199.0 199.8 200.9 203.0 204.2 206.5 190.4 198.4 199.4 200.5 202.3 204.4 2066 Toilet goods and personal care appliances.......................................... Products for the hair, hairpieces and wigs (12/77 = 100)................ Dental and shaving products (12/77 = 100)................................. Cosmetics, bath and nail preparations, manicure and eye makeup implements (12/77 = 100) ............................. Other toilet goods and small personal care appliances (12/77 = 100) 184.2 107.2 109.0 191.4 111.6 114.3 192.5 111.9 114.1 193.1 112.2 115.6 195.8 113.0 117.3 196.4 114.2 117.8 198.6 116.1 118.6 1847 1057 108.6 191.0 110.6 112.5 191.6 111.1 112.7 192.4 111.4 113.9 194.5 112.4 1147 196.2 114.0 115.3 198.3 114.9 116.8 105.7 106.7 110.4 108.6 110.7 110.9 111.4 109.9 113.0 112.1 112.9 112.1 114.2 112.9 106.5 108.9 110.6 110.3 110.1 111.7 110.2 112.3 112.1 113.1 112.9 114,0 114.0 115.6 Personal care services.............................................................. Beauty parlor services for women............................................. Haircuts and other barber shop services for men (12/77 = 100) ... 196.4 198.3 109.2 206.4 207.7 115.5 207.0 208.3 115.9 208.5 210.3 116.1 210.0 212.1 116.8 211.6 213.3 118.1 214.2 216.1 119.3 196.3 198.9 108.4 205.8 207.4 114.7 207.3 209.1 115.4 2086 210.2 116.3 210.2 212.0 117.1 212.7 214.2 118.8 215.0 216.6 120.0 Personal and educational expenses 207.8 223.3 224,0 224.2 224.6 226.3 228.0 208.2 223.5 224.2 224.4 224.8 226.2 227.8 School books and supplies........................................................ Personal and educational services................................................... Tuition and other school fees ........................................ College tuition (12/77 = 100) ............................................. Elementary and high school tuition (12/77 = 100) .................. Personal expenses (12/77 = 100)............................................. 191.2 212.1 108.5 108.7 107.5 109.9 201.5 228.6 117.7 116.9 120.9 115.1 202.3 229.4 118.1 117.3 120.9 115.8 202.3 229.6 118.1 117.3 120.9 116.3 202.5 229.9 118.1 117.3 120.9 117.3 206.0 231.4 118.3 117.6 120.9 120.1 206.5 2333 118.5 117,8 120.9 124.4 193.7 212.1 108.4 108.7 107.4 110.0 205.0 2284 117.9 116.8 120.7 114.4 205.8 229.0 118.2 117.3 1207 114.9 205.9 229.3 118.2 117.3 120.7 115.5 206.0 2297 118.2 117.3 120.7 116.3 2098 2306 118.4 117.6 1207 117.7 210.4 2325 118.6 117.8 120.7 121.4 211.3 254.0 203i8 260.6 297.1 2835 219.3 276.6 299.8 288.9 220.7 278.7 302.9 296.0 220.5 2806 309.7 302.1 223.5 282.2 329.9 310.5 225.0 284.7 352.5 316.7 227.9 287.6 211.7 253.9 204.1 2602 298.3 283.1 219.5 277.8 301.2 228.5 220.7 279.9 304.3 295.8 220.3 281.3 311.4 301.6 223.0 283.4 331 3 310.0 224.4 286.0 353.8 3162 2272 288.7 Special Indexes: Gasoline, motor oil, coolant and other products ................................. Insurance and finance ........................................... Utilities and public transportation...................................................... Housekeeping and home maintenance services ............................... 90 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 24. Consumer Price Index for All Urban Consumers: Cross classification of region and population size class by expenditure category and commodity and service group [December 1977 = 100] Size class A Size class B (1.25 million or more) (385,000-1.250 million) Size class D Size class C (75,000 385,000) (75,000 or less) Category and group 1979 Oct. 1980 Dec. Feb. 1979 Oct. 1979 1980 Dec. Feb. Oct. 1980 1980 1979 Dec. Feb. Oct. Dec. Feb. Northeast EXPENDITURE CATEGORY All items .................................................................................................. Food and beverages ............................................................................ Hous ng ............................................................................................ Appa-e and upkeep ............................................................................ Transportation..................................................................................... Medical care....................................................................................... Entertainment ..................................................................................... Other goods and services ..................................................................... 117.3 119.2 117.9 107.7 121.1 115.4 111.4 111.7 119.0 120.6 119.8 108.9 123.7 117.3 111.5 112.7 122.1 122.1 122.9 109.5 129.9 120.6 114.4 114.4 120.2 119.6 121.3 109.2 125.0 118.5 113.6 114.1 122.2 121.9 123.7 109.0 127.6 120.0 113.5 114.3 125.6 124.3 126.7 107.1 135.0 121.6 115.7 116.5 123.0 121.9 127.7 107.8 124.9 117.0 110.0 115.6 125.7 123.2 132.1 108.5 127.0 118.9 109.8 116.3 129.1 126.0 135.5 107.3 133.1 121.3 112.2 119.2 119.2 119.4 119.9 108.3 124.5 116.3 114.1 112.5 121.8 121.2 123.2 109.8 127.3 119.0 115.1 113.1 124.2 123.4 124.8 106.8 133.5 121.4 118.9 114.8 118.6 118.3 115.6 120.5 120.4 117.2 124.1 125.3 119.5 121.8 122.8 117.8 123.7 124.6 119.9 127.5 129.1 122.5 122.8 123.2 123.3 125.1 126.0 126.6 128.5 129.7 129.9 120.0 120.4 117.9 122.5 123.2 120.7 125.6 126.6 122.2 COMMODITY AND SERVICE GROUP Commodities............................................................................................ Commodities less food and beverages ..................................................... Services .................................................................................................. North Central EXPENDITURE CATEGORY All items .................................................................................................. Food and beverages ............................................................................ Housing ............................................................................................ Apparel and upkeep ............................................................................ Transportation..................................................................................... Medical care....................................................................................... Entertainment ..................................................................................... Other goods and services ..................................................................... 123.2 121.2 128.7 105.3 125.0 115.9 112.6 112.5 126.3 123.2 133.1 105.6 127.9 119.6 113.9 113.6 129.6 124.9 136.7 105.2 133.5 123.2 116.9 115.4 122.3 119.2 125.7 109.9 125.2 118.6 110.7 117.8 124.6 120.2 129.3 110.9 127.5 119.3 111.0 117.7 127.2 122.6 131.5 107.1 133.4 122.2 111.5 119.4 121.9 121.6 124.5 107.4 126.0 117.5 112.7 112.3 123.7 123.4 125.9 109.0 129.1 119.7 114.4 114.0 126.4 124.8 127.6 109.0 135.8 124.5 116.2 115.5 122.0 122.8 124.0 110.0 124.3 119.1 112.7 115.7 123.0 124.8 123.6 111.9 127.3 121.8 113.8 116.1 125.8 126.9 125.9 110.4 132.6 126.8 115.9 119.1 122.5 123.0 124.3 125.4 126.4 127.7 128.1 129.6 131.8 120.8 121.5 124.7 122.5 123.5 128.0 124.5 125.2 131.6 121.7 121.7 122.2 123.5 123.6 124.1 125.9 126.4 127.1 121.1 120.4 123.3 122.5 121.6 123.8 124.3 123.1 128.2 COMMODITY AND SERVICE GROUP Commodities............................................................................................ Commodities less food and beverages ..................................................... Services .................................................................................................. South EXPENDITURE CATEGORY All items .................................................................................................. Food and beverages ............................................................................ Housing ............................................................................................ Apparel and upkeep ............................................................................ Transportation..................................................................................... Medical care....................................................................................... Entertainment ..................................................................................... Othe' goods and services ..................................................................... 120.7 122.2 122.0 111.2 124.2 116.0 109.4 114.4 123.1 123.5 125.0 112.3 127.6 117.7 109.5 115.8 127.1 125.0 129.1 112.5 135.7 119.7 114.5 118.5 122.4 121.3 125.8 110.8 124.5 116.9 113.2 114.0 124.6 122.9 128.4 110.3 127.8 118.3 113.9 115.1 128.0 124.4 131.9 109.6 134.7 121.6 115.4 117.7 122.1 122.1 125.9 106,4 123.2 117.6 113.6 114.2 124.3 123.9 128.4 105.7 126.4 120.7 113.8 115.5 127.9 126.0 131.8 105.5 133.7 124.8 115.9 117.5 120.6 121.0 121.6 103.9 124.4 122.5 117.1 117.3 122.5 122.5 123.9 104.8 126.3 124.9 119.4 118.3 125.9 124.0 127.7 100.9 133.1 129.0 121.6 121.5 120.5 119.8 121.0 122.6 122.2 123.8 126.7 127.5 127.7 121.2 121.2 124.3 123.1 123.2 126.8 125.9 126.6 131.1 120.7 120.1 124,2 122.7 122.2 126.7 126.4 126.5 130.2 120.2 119.9 121.1 121.9 121.6 123.5 124.7 125.0 127.7 COMMODITY AND SERVICE GROUP Commodities............................................................................................ Commodities less food and beverages .................................................... Services .................................................................................................. West EXPENDITURE CATEGORY All items .................................................................................................. Food and beverages ............................................................................ Housing ............................................................................................ Apparel and upkeep ............................................................................ Transportation..................................................................................... Medical care....................................................................................... Entertainment ..................................................................................... Other goods and services ..................................................................... 120.8 121.2 121.2 107.9 127.2 119.8 109.3 115.2 124.8 123.4 127.0 110.0 129.9 121.9 111.1 115.5 129.6 124.2 132.9 113.6 137.4 125.6 113.5 119.2 123.6 123.1 126.2 111.0 126.7 117.8 115.6 115.3 126.6 125.8 130.2 111.5 128.8 121.3 115.9 116.5 130.6 126.9 134.6 112.4 135.8 124.8 118.6 120.3 122.2 121.1 124.8 104.4 126.3 118.4 113.8 113.0 124.5 122.9 127.8 104.4 129.0 119.9 114.9 113.6 128.1 123.8 131.0 104.2 137.1 124.6 117.8 116.3 122.8 121.5 124.8 114.0 124.6 120.7 117.8 116.0 124.3 123.7 125.4 114.9 128.2 122.7 119.2 116.4 127.1 125.7 127.1 114.7 134.8 126.2 123.6 119.7 120.5 120.2 121.3 123.1 123.0 126.9 127.0 128.1 133.2 123.1 123.1 124.4 125.3 125.1 128.4 128.8 129.6 133.0 121.7 121.9 122.8 123.6 123.8 125.9 126.7 127.8 130.0 120.7 120.4 125.9 123.0 122.7 126.3 126.7 127.2 127.6 COMMODITY AND SERVICE GROUP Commodities............................................................................................ Commodities less food and beverage...................................................... Services .................................................................................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 91 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Consumer Prices 25. Consumer Price Index — U.S. city average, and selected areas [1967 = 100 unless otherwise specified] All Urban Consumers A re a ’ U.S. city average2 ........................................................ Anchorage, Alaska (10/67 = 100).................................... Atlanta, Ga.................................................................... Baltimore, Md................................................................. Boston, Mass................................................................. Buffalo, N Y................................................................... 1980 Oct. Nov. Dec. Jan. Feb. Feb. Sept. Oct. Nov. Dec. Jan. Feb. 207.1 223.4 225.4 227.5 229,9 233.2 236.4 207.1 223.7 225.6 227.6 230.0 233.3 236.5 230.3 202.7 213.2 213.7 220.8 201.8 224.9 218.1 208.8 196.2 224.2 204.6 201.9 218.7 221.3 229.0 221.8 210.1 205.8 240.8 220.7 Philadelphia, Pa.-N.J........................................................ Pittsburgh, Pa................................................................. Portland, Oreg.-Wash...................................................... St. Louis, Mo.-lll.............................................................. San Diego, Calif............................................................. 204.1 209.2 San Francisco-Oakland, Calif............................................ Seattle-Everett, Wash...................................................... Washington, DC -Me -Va.................................................. 203.9 218.1 215.4 219.5 2284 231.3 224.2 220.1 226.0 232.2 222.2 240.4 221.3 220.0 2224 221.5 'The areas listed include not only the central city but the entire portion of the Standard Metropolitan Statistical Area, as defined for the 1970 Census of Population, except that the Standard Consolidated Area is used for New York and Chicago. 237.2 232.6 223.7 229.2 226.1 224.4 227.2 202.4 211.0 206.3 240.4 2209 255.9 238.7 237.6 208.8 196.0 223.1 204.2 202.3 237.9 228.0 212.5 204.7 231.1 235.5 205.8 208.6 218.6 220.6 230.8 221.7 223.0 118.7 228.7 217.8 217.1 220.3 240.7 2Average of 85 cities. 204.2 230.8 225.8 221.3 226.1 220.7 221.1 223.8 229.9 241.0 236.4 235.0 239.9 221.3 251.9 236.6 240.0 124.9 240.8 234.8 222.4 224.6 229.7 225.5 225.8 228.0 2396 227.7 231.6 235.9 243.5 233.5 251.0 229.0 225.5 226.7 232.5 244.1 240.9 250.9 232.2 215.5 246.0 232.4 229.9 236.7 226.3 2448 220.8 221.0 224.4 227.8 227.9 233.2 233.3 120.5 232.5 233.0 219.3 232.6 222.5 237.7 236.0 231.9 225.6 235.6 248.6 226.9 211.1 241.8 227.9 224.0 233.5 234.5 226.9 220.7 225.5 228.0 223.5 215.9 227.0 227.9 222.5 243.6 244.6 232.7 254.0 230.2 227.6 225.4 232.7 243.5 241.7 123.3 236,4 234.0 2229 236.6 225.7 247.8 222.6 222.9 203.1 247.3 233.2 214.8 248.7 233.7 228.0 119.4 229.8 231.2 219.9 230.3 239.5 211.8 223.5 224.9 217.9 227.9 232.5 234.1 245.9 227.2 210.5 244.2 229.9 221.8 117.4 226.0 211.8 205.2 225.9 233.4 210.9 234.4 227.3 221.2 224.7 228.2 223.7 218.2 223.3 227.2 222.7 203.0 Detroit, Mich.................................................................. Honolulu, Hawaii............................................................ Houston, Tex.................................................................. Kansas City, Mo -Kansas ............................................... Los Angeles-Long Beach, Anaheim, Calif............................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1979 Sept. 202.6 92 1980 Feb. Chicago, Ill -Northwestern Ind............................................ Cincinnati, Ohio-Ky -Ind.................................................... Cleveland, Ohio ............................................................ Dallas-Ft. Worth, Tex....................................................... Denver-Boulder, Colo...................................................... Miami, Fla. (11/77 = 100) ............................................. Milwaukee, Wis............................................................... Mmneapolis-St. Paul, Minn.-Wis.......................................... New York. N.Y.-Northeastern N.J....................................... Northeast, Pa. (Scranton) ............................................... Urban Wage Earners and Clerical Workers (revised) 1979 240.0 2338 233.0 26. Producer Price Indexes, by stage of processing [1967=100] Annual 1980 1979 Commodity grouping 1978 Mar. Apr. May June July Aug. Sept. O ct. N o v .’ Dec. Jan. Feb. Mar. Finished goods.............................................................. 194.6 209.1 211.4 212.7 213.7 216.2 217.3 220.7 224.2 226.3 227.8 232.1 235.4 238.2 Finished consumer goods.......................................... Finished consumer foods ...................................... Crude ............................................................ Processed ....................................................... Other nondurable goods........................................ Durable goods..................................................... 192.6 206.7 215.5 204.1 195.4 165.8 207.9 226.3 244.6 222.8 209.8 176.8 210.2 227.8 241.8 224.6 213.1 178.4 211.6 226.6 226.7 224.4 217.1 179.5 212.7 223.6 227.1 221.3 221.7 180.4 215.6 224.9 224.9 222.8 227.1 181.6 217.5 223.5 231.7 220.7 233.4 181.6 221.7 228.1 214.0 227.0 r239.0 182.9 224.7 226.7 215.5 225.5 243.3 189.0 227.1 230.5 228.1 228.6 245.5 190.0 228.8 232.0 227.8 230.1 247.8 191.2 233.2 231.4 225.9 229.7 254.4 198.2 237.3 231.6 220.0 230.4 263.0 200.7 240.6 233.0 230.8 231.0 270.8 199.7 Captal Equipment................................................... 199.1 211.7 214.0 215.1 215.8 217.2 216.5 217.8 222.8 223.9 225.1 229.1 230.3 231.8 215.5 231.5 235.8 238.2 240.3 244.6 247.5 251.0 255.0 256.3 258.4 265.6 271.1 273.2 208.3 202.3 195.8 237.2 189.1 224.5 219.6 208.7 260.0 200.3 229.0 222.2 213.7 266.0 203.1 230.9 222.5 216.7 267.2 204.5 232.1 222.3 218.1 268.9 205.3 236.0 226.7 222.5 273.3 207.7 238.0 225.1 225.3 275.2 209.3 240.7 228.9 227.6 278.8 211.3 244.3 225.5 231.4 284.7 213.2 245.5 227.8 233.4 284.6 214.8 247.5 230.5 235.1 287.5 215.9 255.2 225.8 240.6 303.5 218.9 259.2 245.1 243.3 305.9 222.7 259.0 239.8 246.6 301.1 225.2 FINISHED GOODS INTERMEDIATE MATERIALS Intermediate materials, supplies, and components................ Materials and components for manufacturing................ Materials for food manufacturing............................. Materials for nondurable manufacturing .................... Materials for durable manufacturing......................... Components for manufacturing ............................... Materials and components for construction .................. 224.4 241.3 244.5 245.2 245.6 247.4 249.2 252.5 254.7 254.0 253.6 257.5 261.6 265.1 Processed fuels and lubricants.................................. Manufacturing industries........................................ Nonmanufacturing industries.................................. 296.4 270.4 320.0 312.9 275.4 348.9 323.9 280.7 365.9 336.8 287.4 385.5 349.5 293.8 404.9 364.8 304.0 425.5 384.6 311.2 458.8 r399.4 317.2 483.0 410.6 322.5 500.6 416.5 325.2 510.0 424.6 332.3 518.8 443.9 340.6 549.8 464.3 352.2 579.7 481.1 357.4 6089 Containers ............................................................ 212.5 229.3 231.8 234.5 234.9 235.4 237.6 237.9 242.6 243.8 246.1 250.9 250.8 253.3 Supplies................................................................ Manufacturing industries........................................ Nonmanufacturing industries.................................. Manufactured animal feeds ................................. Other supplies ................................................. 196.9 183.6 204.0 200.2 201.9 211.1 197.4 218.4 219.3 215.0 212.8 199.4 219.9 219.5 216.8 213.7 201.5 220.3 214.6 218.3 216.1 202.7 223.2 226.2 219.2 219.6 204.2 227.8 241.3 221.5 219.6 208.6 225.4 220.8 223.1 221.2 209.4 227.5 224.0 224.9 224.9 212.2 231.7 228.9 228.9 226.4 213.7 233.3 226.9 231.2 228.4 215.3 235.3 230.8 232.9 232.2 220.9 238.2 224.2 237.8 238.3 222.0 247.0 223.3 248.6 239.9 223.3 248.7 219.1 251.6 240.1 276.6 279.9 282.3 283.0 287.1 281.7 288.3 289.5 290.8 296.7 296.9 308.3 303.3' 254.1 243.7 248.7 247.5 246.4 249.7 243.0 252.6 245.9 CRUDE MATERIALS Crude materials for further processing............................... Foods'tuffs and feedstuffs.......................................... 215.3 247.4 251.5 251.9 248.2 Nonfood materials................................................... 286.7 331.6 333.3 339.6 348.7 349.3 353.6 363.1 368.9 374.9 385.8 399.0 413.9 412.2 Nonfood materials except fuel................................. Manufacturing industries .................................... Construction..................................................... 235.4 240.8 185.7 275.5 283.8 201.9 276.5 2848 203.6 276.6 284.7 204.5 286.6 295.9 205.4 285.2 294.0 207.2 286.1 294.9 208.6 293.3 302.8 209.9 298.1 307.8 212.6 304.6 314.9 214.8 311.5 322.5 216.6 329.9 342.0 225.7 341.5 354.7 228.3 339.4 352.1 229.7 Crude fuel.......................................................... Manufacturing industries .................................... Nonmanufacturing industries ............................... 463.7 481.9 459.6 525.2 555.4 512.1 529.2 560.0 515.8 556.8 593.8 538.8 563.1 601.3 544.3 570.7 610.4 550.7 586.2 629.2 563.6 604.0 651.8 577.8 612.9 662.5 585.5 617.4 667.8 589.3 641.8 697.7 609.7 637.2 691.7 606.2 663.5 724.4 627.7 663.3 723.5 627.9 SPECIAL GROUPINGS Finished goods excluding foods........................................ Finished consumer goods excluding Fcods ................................................................ 188.9 201.7 204.2 206.3 208.5 211.4 213.2 216.2 221.3 222.8 224.3 230.1 234.3 237.4 183.7 196.7 199.3 202.1 205.2 208.4 212.3 216.3 220.6 223.1 225.0 231.8 237.8 242.0 Intermediate materials, supplies, and Components, excluding intermediate materials for food manufacturing and manufactured animal feeds ................................. 216.4 232.3 236.7 238.8 241.3 245.4 249.0 252.5 256.8 258.1 260.1 268.1 273.2 275.7 Intermediate foods and feeds .......................................... 201.0 218.9 220.7 219.3 223.0 231.0 223.1 226.6 226.0 226.9 230.0 224.7 237.1 232.3 Crude materials for further processing excluding crude foodstuffs and feedstuffs, plant and animal fibers, oilseeds, and leaf tobacco ........................................ 316.6 370.6 372.4 379.2 389.5 391.7 396.9 408.6 417.0 424.1 437.1 453.0 468.8 468.4 'Data for November 1979 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 93 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Producer Prices 27. Producer Price Indexes, by commodity groupings [1967 = 100 unless otherwise specified] Annual Code Commodity group and subgroup All commodities All commodities (1957 - 5 9 = 100) Farm products and processed foods and feeds Industrial commodities 1979 1980 average 1978 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. 209.3 222.1 226.7 240.5 230.0 243.7 232.0 245.7 233.5 247.7 236.9 251.4 238.3 252.8 242.0 256.7 245.6 260.6 247.2 262.3 249.4 264.6 254.7 '270.2 259.8 275.6 261.5 277.5 206.6 209.4 229.0 225.4 244.0 229.0 230.8 231.6 229.0 234.0 232.2 237.5 227.5 240.6 231.8 244.2 230.6 249.0 2323 250.6 234.5 252.8 231.9 260.3 236.9 265.4 234.9 268,2 FARM PRODUCTS AND PROCESSED FOODS AND FEEDS 01 01-1 01-2 01-3 01 -4 01-5 01-6 01-7 01-8 01-9 Farm products ..................................................................... Fresh and dried fruits and vegetables .................................... Grains.............................................................................. jvestocK ......................................................................... Live poultry....................................................................... Plant and animal fibers........................................................ Fluid milk ......................................................................... Eggs................................................................................ Hay, hayseeds, and oilseeds ............................................... Other farm products .......................................................... 212.5 216.5 182.5 220.1 199.8 193.4 219.7 158.6 215.8 274.9 242.8 235.7 192.0 275.8 217.6 197.8 243.7 199.9 249.5 254.6 223.3 234.7 198.3 284.0 209.4 197.8 242.4 185.5 2483 255.1 245.4 228.2 210.3 280.7 2163 207.6 242.0 163.8 240.7 264.1 2428 226.4 218.7 264.0 182.9 219.5 243.8 170.7 258.4 281.0 246.8 226.7 247.4 256.0 183.8 207.6 247.6 167.6 260.1 311.9 2385 241.7 229.1 240.2 171,9 207.9 250.0 166.8 251.9 310.8 241.0 208.3 224.4 256.4 173.5 211.3 258.5 175.4 240.9 315.9 2396 218.0 229.0 251.7 162.0 212.9 260.8 155.9 235.6 313.6 240.2 216.5 2266 248.3 195.5 215.4 262.5 178.7 229.8 318.3 242.5 210.5 227.9 252.5 194.7 222.0 264.0 198.4 230.3 319.4 236.4 218.9 214.6 2478 1952 239.0 2623 165.6 218.1 301.1 242.3 220.5 223.3 257.2 184.6 269.5 263.8 150.4 224.7 304.7 239.3 218.3 217.9 251.8 180.1 254.9 263.1 184.2 215.9 311.5 02 02-1 02-2 02-3 02-4 02-5 02-6 02-7 02-8 02-9 Processed foods and feeds..................................................... Cereal and bakery products................................................. Meats, poultry, and fish ...................................................... Dairy products................................................................... Processed fruits and vegetables........................................... Sugar and confectionery ..................................................... Beverages and beverage materials........................................ Fats and oils..................................................................... Miscellaneous processed foods ............................................ Manufactured animal feeds ................................................. 202.6 190.3 217.1 188,4 202.6 197.8 200.0 225.3 199.0 197.4 220.5 200.1 250.6 204.9 219.6 2084 201.2 238.6 217.5 215.7 222.3 2030 2530 207.1 220.5 208.7 201.5 246.2 219.3 215.6 222.0 204.9 250.4 207.9 221.4 2076 205.3 241.8 220.2 210.8 220.6 206.3 241.4 208.4 221.5 211.1 208.5 243.6 211.1 220.5 223.3 212.4 237.7 209.0 223.6 215.7 214.1 253.2 212.7 234.9 220.5 216.0 225.5 215.2 224.6 218.3 216.5 251.7 217.6 216.2 225.8 218.7 239.9 218.3 225.1 217.2 217.9 253.3 219.0 219.2 224.8 219.8 234.2 218.1 223.4 218.9 218.9 246.0 220.8 224.0 227.1 222.5 239.3 219.3 222.4 222.9 221.2 241.9 222.2 222.4 229.2 223.7 242.8 219.6 2223 234.4 221 9 235.8 222.0 225.3 228.5 225.4 2395 221.4 222.8 234.8 224.1 224.9 225.4 219.5 233.1 229.7 239.5 221.2 223 1 287.1 224.7 225.9 223.5 219.8 231.5 231 3 2392 223.3 223.6 263.6 2260 222.4 224,7 2168 INDUSTRIAL COMMODITIES 03 03-1 03-2 03-3 03-4 03-81 03-82 Textile products and apparel ................................................... Synthetic fibers (12/75 = 100)............................................. Processed yarns and threads (12/75 = 100) ......................... Gray fabrics (12/75 = 100)................................................. Finished fabrics (12/75 = 100) .......................................... Apparel............................................................................ Textile housefumishings...................................................... 159.8 109.6 102 4 118.6 103.8 152.4 178.6 165.2 113.6 107.0 123.1 105.4 158.3 187.4 166.4 115.1 106.8 124.5 105.9 159.8 188.0 167.2 117.4 107,8 124.7 107.0 159.8 188.0 168.4 118.5 108.6 125.4 107.6 160.2 189.3 169.3 119.5 109.5 128 3 108.2 160.3 189.9 170.5 120.6 110.6 128.7 109.0 161.4 190.5 171.3 123.6 111.7 128.7 109.1 161.6 193.9 172.0 124.7 112.1 129.7 108.9 162.2 196.3 172.8 124.2 112.5 130.7 109.7 163.1 196.5 172.8 124.5 113.1 132.5 109.3 162.3 197.0 174.9 126.9 114.4 132.2 109 8 165.3 199 2 176.5 127,1 117.3 131.7 110.8 167.3 2000 178.9 129.4 118.9 133.7 113,1 168.3 201,2 04 04-1 04-2 04-3 04-4 Hides, skins, leather, and related products ................................. Hides and skins.......................................................... Leather............................................................................ Footwear ....................................................................... Other leather and related products............................... 200.0 360.5 238.6 183.0 177.0 253.3 639.6 371.9 209.9 195.9 258.9 642.2 393.6 212.0 200.4 269.6 666.9 429.4 216.3 209.1 268.0 611.0 414.6 221.1 212.3 261.9 566,5 385.2 221.8 212.1 2579 511.9 365.9 225.4 210.9 251.1 465.3 330.0 226.9 210.1 253.9 478.8 343.6 227.5 209.7 248.9 447.6 319.8 227.9 208.4 248.9 443.9 3248 227.3 208.1 255.3 4688 347,6 228.5 213.2 251.0 404.8 340.3 228 1 2149 246.8 348.7 311.0 231.8 217.9 05 05-1 05-2 05-3 05-4 05-61 05-7 Fuels and related products and power ...................................... Coal..................................................................... Coke .......................................................................... Gas fuels'............................................................ Electric power................................................. Crude petroleum2 ..................................................... Petroleum products, refined3 ............................... 322.5 430.0 411.8 428.7 250.6 300.1 321.0 3509 445.3 428.5 471.0 257.3 324.2 3603 361.5 447.1 430.1 477.4 260.6 326.2 378.6 377.6 450.8 430.6 507.2 265.9 335.7 400.0 393.7 452.0 430.6 522.3 269.9 356.4 423.6 411.8 452.5 430.6 548.4 274.8 370.6 449.8 432.8 454.2 430.6 572.4 278.8 385.7 482.8 454.8 452.5 430.6 603.4 280.5 422.1 513.7 468.5 454.6 431.2 619.9 283.5 436.7 533.7 476.9 455.1 431.2 637.0 281.9 450.4 545.4 488.7 457.8 431.2 670.5 287.2 470.8 554.8 507.8 458.1 430.6 679.6 290.7 5136 582.4 533.0 458.7 430.6 719.8 299.5 515.1 620.3 5535 460.7 430.6 720,3 305.7 522.8 657.9 06 06-1 06-21 06-22 06-3 06-4 06-5 06-6 06-7 Chemicals and allied products.................................... Industrial chemicals4 .................................... Prepared paint................................................. Paint materials .......................................................... Drugs and pharmaceuticals ............................... Fats and oils, inedible ............................... Agricultural chemicals and chemical products ......................... Plastic resins and materials ........................................ Other chemicals and allied products .................................... 198.8 225.6 192.3 212.7 148.1 3158 198.4 199.8 181.8 2099 239.7 202.3 2270 156.6 398.5 206.3 210.9 186.5 215.1 248.2 203.3 231.6 157.5 448.7 2098 220.6 186.9 218.0 255.6 201.3 236 1 157.7 418.3 210.0 228.5 188.9 219.2 259.3 201.3 239,5 159.0 374.1 209.2 230.1 190.5 225.0 270.4 205.3 246.7 159.2 381.6 211.2 244.5 191.8 228.5 277.1 205.3 247.9 159.6 376.4 215.3 250.1 194.4 230.8 280.0 206.0 252.0 161.0 3799 219.4 2520 195.8 2342 285.7 206.7 253.6 162.8 366.9 224.3 260.0 197.0 236.0 288.4 209.4 256.6 163 0 344.3 229.5 261.4 198.8 238 1 291.6 210.7 255.4 164.4 327.1 232.7 262,7 201 9 245.5 3026 223.1 258.9 166.5 325.6 238 1 270.0 209.6 247.6 306.7 223.3 262.7 167.7 3022 242.8 271.1 211.0 251.6 310.7 223.3 266.2 168.9 299.9 2560 273.9 214.5 07 07-1 07-11 07-12 07-13 07-2 Rubber and plastic products ................................. Rubber and rubber products........................................... Crude rubber ............................................... Tires and tubes.............................................................. Miscellaneous rubber products............................. Plastic products (6/78 = 100) .................................. 174.8 185.3 187.2 179.2 189.6 185.9 199.4 204.8 195.0 2003 105.7 188.8 201.2 211.6 196.1 201.3 108.0 190.8 202.6 214.2 197.3 2026 109.5 193.1 2048 2220 198.9 203.5 111.0 195.5 209.5 226.1 2062 2054 111.2 198.8 214.6 233.0 211.6 209.4 112.2 200.7 217.1 232.2 215.0 211.9 113.0 203.0 220.3 2365 218.3 214.7 114.0 204.9 223.7 237.2 223.1 217.1 114.3 205.7 2239 2394 222.7 217.4 115.2 208.2 227.1 251.9 224.7 219.1 116.2 210.9 2322 263.1 231.2 220.4 116.5 212.7 2323 254.9 231 2 2234 118.6 08 08-1 08-2 08-3 08-4 Lumber and wood products...................................... Lumber............................................... Millwork ............................................... Plywood .................................... Other wood products................................................. 276.0 322.4 235.4 2356 211.8 300.5 350.5 257.8 254.7 232.2 304.9 355.4 2660 252.4 235.5 302.8 354.8 261.6 249.3 2384 2998 3548 258.9 238.6 238.5 300.1 355.0 252.5 249.7 237.6 304.7 365.3 249,6 254.3 2374 309.7 373.9 250.9 257 9 238,0 308.8 370.3 255.6 254.0 237.7 298.9 355.6 252.3 242.2 239.9 2898 338.9 250.3 2377 240.5 290.0 336.3 254.1 238.2 242.2 294.8 341.5 258.0 243 7 243.4 295.7 340,6 264.7 240.0 243.1 See footnotes at end of table. 94 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 27. Continued— Producer Price Indexes, by commodity groupings [1967=100 unless otherwise specified] Annual Code Commodity groups and subgroups INDUSTRIAL COMMODITIES 1979 1980 average 1978 Mar. Apr. May June July Aug. S ep t O ct N o v.5 Dec. Jan. Feb. Mar. Continued 09 09-1 09-11 09-12 09-13 09-14 09-15 09-2 Pulp, paper, and allied products............................................... Pulp, paper, and products, excluding building paper and board ... Woodpulp........................................................................ Wastepaper ..................................................................... Paper .............................................................................. Paperboard ....................................................................... Converted paper and paperboard products............................. Building paper and board.................................................... 195.6 195.6 266.5 191.2 206.1 179.6 185.6 187.4 212.3 213.2 294.3 203.2 223.3 192.9 204.1 182.6 215.0 216.0 303.8 206.5 226.3 197.9 205.8 183.4 216.2 217.2 306.9 206.2 227.2 199.2 207.0 183.3 216.6 217.8 308.3 207.2 227.5 199.8 207.6 180.8 218.3 219.6 320.3 207.9 228.2 201.7 209.0 178.0 222.2 223.6 320.6 206.6 229.5 206.4 214.4 179.1 223.0 224.3 320.6 206.7 230.3 209.6 214.6 182.6 227.5 229.0 337.5 206.7 238.7 211.3 217.3 183.5 229.5 231.1 338.0 220.0 241.8 212.8 219.0 183.6 231.0 232.6 339.9 221.2 243.0 215.4 220.3 184.4 237.4 239.1 358.8 222.7 245.5 221.8 227.5 186.0 238.9 240.5 358.5 223.2 247.5 223.4 228.7 191.1 241.6 243.1 359.0 224.9 250.5 225.9 231.3 198.7 10 10-1 10-13 10-2 10-3 10-4 10-5 10-6 10-7 10-8 Metals and metal products .................................................... Iron and steel ................................................................... Steel mill products............................................................. Nonferrous metals.............................................................. Metal containers ............................................................... Hardware......................................................................... Plumbing fixtures and brass fittings........................................ Heating equipment............................................................. Fabricated structural metal products...................................... Miscellaneous metal products............................................... 227.1 253.6 254.5 207.8 243.4 200.4 199.1 174.4 226.4 212.0 251.7 279.9 272.5 246.6 264.5 214.2 209.7 183.4 241.3 225.2 256.0 280.2 275.0 259.6 270.1 215.8 212.0 183.8 243.8 227.0 256.2 279.5 276.7 258.2 268.5 216.9 213.8 185.7 247.0 228.5 258.2 283.2 277.3 259.7 267.3 217.1 217.0 185.2 248.2 230.1 260.8 286.8 284.6 262.3 267.2 218.5 219.6 186.0 250.5 231.8 261.8 286.1 284.7 263.1 268.4 220.1 222.4 188.1 252.2 235.6 263.7 285.5 284.8 269.3 268.7 221.5 223.0 191.3 253.7 236.7 269.6 289.2 288.3 283.1 279.9 224.0 223.5 192.2 256.3 238.5 271.1 292.0 288.8 284.1 280.9 225.5 225.4 193.1 256.7 238.6 273.5 292.7 289.3 291.2 280.7 226.5 226.4 195.2 257.7 239.9 284.5 297.3 293.7 326.1 283.3 228.4 229.7 197.3 258.8 241.5 288.6 300.2 294.2 336.5 283.3 229.4 236.6 199.9 259.5 242.5 286.3 301.6 295.6 320.9 287.8 230.5 242.4 202.0 262.9 245.1 11 11-1 11-2 11-3 11-4 11-6 11-7 11-9 Machinery and equipment ...................................................... Agricultural machinery and equipment.................................... Construction machinery and equipment.................................. Metalworking machinery and equipment ................................. General purpose machinery and equipment............................. Special industry machinery and equipment ............................. Electrical machinery and equipment ...................................... Miscellaneous machinery.................................................... 196.1 213.1 232.9 217.0 216.6 223.0 164.9 194.7 207.9 224.8 248.7 233.0 230.4 239.1 173.8 204.0 209.8 226.4 251.7 235.3 232.6 243.4 175.0 205.4 211.4 228.3 253.7 237.6 234.0 245.1 176.5 207.1 212.4 229.4 254.0 239.1 235.1 246.1 177.6 207.4 214.8 231.2 257.0 241.4 237.1 249.8 179.9 209.7 216.0 233.3 258.5 243.5 238.3 251.0 181.2 209.7 217.7 237.4 258.9 246.4 240.2 251.2 182.5 212.0 220.0 240.0 263.9 249.6 242.8 253.8 184.3 213.6 221.3 243.4 265.4 252.2 244.2 254.9 184.9 214.9 222.9 243.2 268.2 254.6 246.1 256.2 186.5 215.7 227.1 247.6 275.4 258.7 249.6 260.7 190.5 220.0 229.7 249.1 277.5 261.3 252.0 262.9 194.2 220.8 231.9 250.4 278.4 264.1 255.7 265.6 195.9 222.7 12 12-1 12-2 12-3 12-4 12-5 12-6 Furniture and household durables ........................................... Household furniture............................................................ Commercial furniture.......................................................... Floor coverings................................................................. Household appliances ........................................................ Home electronic equipment ................................................. Other household durable goods ........................................... 160.4 173.5 201.5 141.6 153.0 90.2 203.1 168.3 181.8 221.2 144.0 158.8 92.3 217.9 168.7 182.7 221.7 144.4 158.7 92.3 218.6 169.6 184.8 221.9 146.0 159.3 92.4 219.5 170.2 185.3 221.8 146.5 160.0 92.8 220.6 170.7 185.8 222.7 149.1 161.1 90.2 223.7 171.5 186.2 222.7 150.0 162.2 90.2 226.6 172.7 188.5 222.7 150.4 162.7 90.3 231.0 175.1 190.1 223.3 152.1 163.2 90.3 245.6 176.4 193.0 223.3 152.8 164.5 90.3 248.2 177.0 194.3 225.1 152.9 165.2 88.1 252.1 182.1 195.4 227.1 159.8 166.6 88.5 283.1 183.4 196.5 230.1 159.4 168.7 88.7 284.2 184.6 196.9 232.8 160.7 169.7 88.8 287.6 13 13-11 13-2 13-3 13-4 13-5 13-6 13-7 13-8 13-9 Nonmetallic mineral products................................................... Flat glass ........................................................................ Concrete ingredients .......................................................... Concrete products.............................................................. Structural clay products excluding refractories......................... Refractories ..................................................................... Asphalt roofing ................................................................. Gypsum products .............................................................. Glass containers ............................................................... Other nonmetallic minerals................................................... 222.8 172.8 217.7 214.0 197.2 216.5 292.0 229.1 244.4 275.6 240.8 183.1 239.8 237.8 212.8 228.3 303.1 251.0 250.7 294.5 243.4 183.1 242.0 240.5 214.8 228.4 316.4 252.2 250.7 300.0 245.6 183.1 242.5 241.6 215.7 228.5 317.9 248.8 265.2 303.0 246.9 184.0 243.3 243.7 216.5 232.6 323.0 251.3 265.2 302.0 249.5 184.1 245.1 245.2 220.3 240.8 328.4 251.8 265.2 310.5 249.9 184.1 245.9 246.3 222.3 241.7 3259 252.3 265.2 309.9 254.6 184.5 246.7 248.7 223.7 242.4 333.0 254.9 265.2 336.0 256.2 184.7 248.3 250.1 221.1 244.6 337.5 255.3 265.2 341.2 257.4 185.4 249.6 250.6 221.8 247.4 347.4 256.2 265.2 342.2 259.2 186.4 249.9 253.2 226.8 248.7 342.9 255.0 273.6 342.2 268.0 190.9 263.5 264.9 229.6 249.3 356.5 255.4 274.5 351.6 272.6 190.9 265.2 266.2 231.1 251.9 372.3 262.2 274.6 374.3 276.1 191.4 266.0 268.6 231.5 254.8 387.6 267.6 274.6 386.9 14 14-1 14-4 Transportation equipment (12/68 = 100).................................. Motor vehicles and equipment ............................................. Railroad equipment ............................................................ 173.5 176.0 252.8 183.8 186.1 268.9 186.8 189.4 271.7 187.2 189.8 271.6 187.5 190.1 274.7 188.4 190.8 280.6 185.9 187.8 280.9 186.6 188.6 281.6 194.2 197.1 286.3 194.8 197.4 288.2 195.1 197.6 289.0 198.3 200.3 295.0 198.1 199.9 299.3 198.8 200.8 301.3 15 15-1 15-2 15-3 15-4 15-51 15-9 Miscellaneous products.......................................................... Toys, sporting goods, small arms, ammunition......................... Tobacco products ............................................................. Notions............................................................................ Photographic equipment and supplies .................................... Mobile Homes (12/74 = 100) ............................................. Other miscellaneous products ............................................. 184.3 163.2 198.5 182.0 145.7 126.4 210.6 200.6 171.5 214.0 190.2 150.2 133.8 245.5 201.4 173.2 214.4 190.2 150.1 135.2 246.1 203.3 174.3 214.4 190.6 150.6 137.2 250.6 205.2 174.7 214.4 190.6 151.6 137.9 255.8 207.0 176.9 214.8 192.0 152.0 138.2 261.4 208.9 177.6 221.3 191.9 152.2 139.5 261.4 213.1 179.8 221.9 191.9 154.3 140.7 272.5 218.9 181.1 222.1 195.7 157.4 142.9 288.3 221.4 181.2 222.2 195.8 161.2 144.0 293.3 227.2 183.5 226.3 197.0 164.5 143.6 307.9 242.2 190.4 236.3 203.1 166.0 144.2 349.7 261.8 193.2 236.9 203.2 218.7 146.0 375.3 256.2 194.2 237.1 207.2 219.4 146.6 352.3 1Prices for natural gas are lagged 1 month. 2Include:! only domestic production. 3Most prices for refined petroleum products are lagged 1 month. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4Some prices for industrial chemicals are lagged 1 month. 5Data for November 1979 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. 95 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Producer Prices 28. Producer Price Indexes, for special commodity groupings [1967 = 100 unless otherwise specified] Annual Commodity grouping 1979 1980 average All commodities — less farm p ro d u c ts .................................... All f o o d s ........................................................................................... Processed foods .......................................................................... 1978 Mar. Apr. May June July Aug. Sept. Oct. Nov.1 Dec. Jan. Feb. Mar. 208.4 206.4 206.7 197.2 108.8 106.3 158.9 224.7 225.9 225.6 211.9 111.6 110.5 167.1 228.0 227.7 227.8 214.7 112.3 112.5 167.3 230.1 226.4 227.5 216.0 112.8 112.5 167.7 232.0 223.8 224.7 217.0 113.5 112.7 168.3 235.4 225.4 226.4 219.0 114.0 114.1 168.5 237.5 224.7 224.8 220.3 115.1 113.0 170.8 241.4 228.5 230.8 222.0 115.8 112.7 170.8 245.3 226.9 228.9 225.9 116.4 113.3 171.2 247.0 230.0 231.8 226.9 117.0 114.6 171.6 249.2 232.1 234.1 228.1 117.0 115.3 172.9 255.4 231.1 233.3 234.3 118.8 119.5 175.7 260.5 235.7 238.5 237.5 119.4 119.6 177.8 262.6 234.7 236.8 238.4 121.1 119.9 181.8 Industrial commodities less fuels ...................................... Selected textile mill products (Dec. 1975 = 100) ................ Hosiery ....................................................................... Underwear and nightwear............................................... Chemicals and allied products, including synthetic rubber and manmade fibers and yarns .................................... Pharmaceutical preparations............................................ Lumber and wood products, excluding millwork and other wood products ................................................... Special metals and metal products ................................... Fabricated metal products............................................... Copper and copper products............................................ Machinery and motive products........................................ 190.5 140.6 200.0 149.4 204.1 150.0 207,6 150.1 209.5 151.7 2150 151.7 218.6 152.0 220.9 153.6 224.3 155.6 226.3 155.4 228.6 156.9 235.8 159.2 238.2 160.4 242.1 161.7 298.3 209.6 216.2 155.6 190.4 323.7 228.2 230.6 197.9 201.7 326.4 232.7 232.9 212.1 204.1 325.1 232.4 234.6 199.0 205.3 321.7 233.7 235.7 193.0 206.0 325.3 235.5 237.4 191.9 207.7 333.9 234.9 239.8 197.1 207.2 341.0 236.4 241.1 200.5 208.5 337.3 243.4 244.0 212.2 213.4 323.3 244.5 244.6 213.8 214.3 310.3 245.9 245.6 216.1 215.4 308.6 253.5 247.3 227.2 219.3 314.0 255.7 248.3 258.2 220.6 312.2 254.8 251.3 240.9 222.2 Machinery and equipment, except electrical ........................ Agricultural machinery, including tractors ........................... Metalworking machinery ................................................. Numerically controlled machine tools (Dec. 1971 = 100) . . . . Total tractors................................................................ Agricultural machinery and equipment less parts.................. Farm and garden tractors less parts ................................. Agricultural machinery excluding tractors less parts.............. Industrial valves ............................................................ Industrial fittings ............................................................ Abrasive grinding wheels................................................. Construction materials ................................................... 214.3 216.3 228.8 179.1 228.7 212.7 216.1 216.7 232.3 232.7 208.1 228.3 227.7 229.6 248.9 192.6 243.1 225.5 226.7 232.1 249.5 252.0 220.3 246.9 230.0 230.8 251.2 192.7 245.4 226.7 228.5 233.0 252.4 255.5 220.3 250.0 231.8 232.1 254.3 195.7 247.7 228.1 230.5 233.6 255.0 259.3 221.6 250.3 232.6 233.8 256.8 195.8 248.2 229.5 231.8 235.7 255.8 260.4 222.8 250.3 235.1 235.8 260.1 202.2 251.2 231.4 233.9 237.6 257.0 260.8 222.8 252.3 236.2 238.4 261.7 204.2 253.8 233.7 237.6 2392 258.2 262.3 224.6 254.3 238.2 243.6 265.6 206.5 256.0 238.4 244.1 243.5 260.1 264.3 224.6 256.6 240.8 246.3 269.5 208.5 261.2 241.0 247.6 245.4 261.8 272.6 239.0 258.5 242.5 250.8 272,7 208.8 262.5 244.9 250.5 251.3 263.1 276.8 239.0 256.7 244.1 250.0 276.2 211.3 264.9 244.6 250.4 250.0 265.2 276.8 239.0 255.3 248.4 2552 282.1 213.2 271.6 249.3 255.3 255.4 270.1 276.8 239.0 259.1 250.4 256.0 284.8 215.6 273.5 250.4 256.7 255.6 272.2 280.4 244.0 262.2 252.9 257.7 288 1 216.8 274.3 252.1 258.8 257.0 276,1 282.8 244.0 264.6 1Data for November 1979 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. 29. Producer Price Indexes, by durability of product [1967 = 100] Annual Commodity grouping 1979 1980 average 1978 Mar. Apr. May June July Aug. Sept. Oct. Nov.1 Dec. Jan. Feb. Mar. Total durable goods ..................................................... Total nondurable goods................................................. 204.9 211.9 221.0 230.4 223.9 234.1 224.7 236.9 225.8 238.8 227.6 243.7 228.0 245.8 230.1 251.1 234.6 253.7 235.3 256.2 236.6 259.2 243.4 263.0 246.4 270.0 246.6 273.1 Total manufactures...................................................... Durable............................................................... Nondurable .......................................................... 204.2 204.7 203.0 219.7 219.8 219.0 223.1 222.7 222.8 225.0 223.8 225.6 226.5 224.6 227.8 229.8 226.6 232.5 231.7 227.2 235.9 235.2 229.4 241.0 239.0 234.0 244.0 240.6 234.6 246.6 242.3 235.8 248.8 248.2 242.2 253.8 252.7 245.0 260.7 254.8 245.2 264.7 Total raw or slightly processed goods ............................. Durable............................................................... Nondurable .......................................................... 234.6 209.6 235.6 263.3 273.6 261.6 266.1 272.5 264.7 268.2 262.9 267.6 269.7 272.8 268.5 274.3 265.4 274.0 272.1 259.8 272.0 276.9 255.7 277.5 278.7 259.2 279.2 281.0 265.8 281.2 286.4 267.8 2868 287.5 282.7 286.9 295.9 305.2 294.2 295.6 302.5 294.0 ’ Data for November 1979 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. 30. Producer Price Indexes for the output of selected SIC Industries [1967 = 100 unless otherwise specified] 1972 SIC Annual Industry Description code 1979 1980 average 1978 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. 121.9 126.6 430.2 358.2 194.6 111.8 127.3 178.3 445.7 403.8 210.9 125.4 131.9 202.1 447.5 407.6 214.1 125.4 131.9 237.5 451.3 427.2 216.0 125.4 136.0 277.0 452.5 444.1 217.0 125.5 136.0 270.8 453.1 457.5 219.3 125.5 138.8 245.8 454.8 476.0 220.1 125.5 138.1 252.1 452.9 508.4 221.0 125.5 140.2 275.0 455.1 522.1 224.0 126.7 140.2 252.1 455.5 533.9 224.7 124.2 142.0 300.0 458.1 553.3 225.7 119.7 142.0 308.3 458.0 583.2 238.0 128.5 147.3 335.4 458.7 597.4 242.1 128.5 147,3 330.0 460.7 600.6 243.6 123.4 216.7 215.2 192.5 205.2 256.6 235.6 206.1 216.1 265.0 224.4 199.7 224.7 259.2 227.7 203.5 225.3 249.1 217.1 177.8 225.3 243.8 214.7 178.4 227.5 229.3 203.4 169.6 237.9 247.2 211.7 171.2 240,6 238.9 211.9 163.1 2401 241.5 213.4 188.3 241.7 243.9 219.9 188.5 243.1 240.7 211.5 186.1 241.9 240.1 207.4 178.2 242.8 238.9 209.1 173 5 243.4 MINING 1011 1092 1211 1311 1442 1455 Iron ores (12/75 = 100)........................................... Mercury ores (12/75 = 100)...................................... Bituminous coal and lignite ........................................ Crude petroleum and natural gas................................. Construction sand and gravel .................................... Kaolin and ball clay (6/76 = 100) ............................... 2011 2013 2016 2021 Meat packing plants ................................................. Sausages and other prepared meats ........................... Poultry dressing plants ............................................. Creamery butter...................................................... MANUFACTURING See footnotes at end of table. 96 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 30. Continued— Producer Price Indexes for the output of selected SIC Industries [1967 = 100 unless otherwise specified] 1972 Annual Industry description SIC code 1979 1980 average 1978 Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. MANUFACTURING - Continued 2022 2024 2033 2034 2041 2044 2048 2061 2063 2067 Cheese natural and processed (12/72= 100).............. Ice cream and frozen desserts (12/72 = 100) ............ Canned fruits and vegetables.................................... Dehydrated food products (12/73 = 100).................... Flour mills (12/71 =100) ........................................ Ilice milling.......................................................... Prepared foods, n.e.c. (12/75 = 100)......................... Paw cane sugar .................................................... fleet sugar ............................................................ Chewing gum ........................................................ 169.6 154.8 193.2 131.3 147.0 207.6 107.3 190.7 188.5 218.0 182.5 166.7 205.2 180.9 157.5 171.0 118.3 195.7 198.6 242.5 186.8 167.3 206.2 181.7 158.1 206.8 117.5 197.5 199.3 242.6 185.2 171.0 207.2 182.1 166.7 206.8 115.2 195.6 199.7 242.2 185.6 171.5 207.5 181.0 174.6 206.8 118.9 207.0 199.7 242.2 186.3 171.5 209.9 182.0 190.9 206.8 128.1 209.0 202.0 242.9 195.4 175.0 210.5 180.7 176.9 218.7 119.4 216.8 199.4 242.9 200.8 176.1 212.0 170.0 183.5 223.5 120.9 216.7 200.0 242.9 196.8 177.5 212.9 158.2 184.2 227.3 123.6 224.3 204.7 242.9 193.6 179.9 212.2 156.2 184.4 231.8 124.3 223.3 210.6 262.3 192.6 180.2 212.0 157.3 184.9 218.1 125.3 248.4 223.4 262.2 197.1 180 9 213.5 157.6 181.7 217.5 122.3 260.5 223.5 262.3 194.6 181.5 213.5 159.0 183.6 233.0 122.9 374.9 290.6 262.3 197.4 185.0 214.8 156.4 182 6 258.0 121.8 276.0 303.1 281.9 2074 2075 2077 2083 2085 2091 2092 2095 2098 2111 Cottonseed oil mills................................................. ¡Soybean oil mills..................................................... Animal and marine fats and oils ................................. Malt ..................................................................... Distilled liquor, except brandy (12/75 = 100) .............. Canned and cured seafoods (12/73 = 100) ................ Fresh or frozen packaged fish .................................. Fioasted coffee (12/72* = 100).................................. Macaroni and spaghetti ........................................... Cigarettes.............................................................. 183.1 225.6 287.9 181.5 106.7 136.4 303.8 262.3 176.9 204.6 202.8 242.0 362.6 190.8 109.4 138.5 359.4 221.6 184.7 221.3 198.5 244.7 393 1 190.8 109.4 139.2 375.8 220.5 184.7 221.4 192.5 237.7 363.8 190.8 113.6 140.9 382.4 231.7 186.6 221.4 210.4 251.1 335.3 201.4 113.6 142.1 397.6 244.2 188 6 221.4 224.5 262.8 352.0 201.4 113.6 148.5 403.7 271.0 203.5 221.5 214.1 250.0 321.4 201.4 115.7 148.2 391.5 279.2 210.4 228.9 217.9 248.6 333.8 214.9 117.1 154.0 389.2 279.2 210.4 229.1 214.9 244.7 333.7 214.9 117.1 154.3 400.1 280.0 210.4 229.2 204.7 242.4 315.2 228.2 118.1 155.6 391.4 287.5 221.5 229.2 205.6 241.8 300.7 228.2 118.1 159.8 389.3 287.5 227.7 234.3 182.2 230.2 296.0 244.1 118.6 160.9 390.7 281.3 227.7 245.8 184.3 226.2 292.6 244.1 118.7 164.0 386.6 273.9 227.7 245.9 170.4 219.3 297.3 244.1 118.7 165.7 392.6 274.0 227.7 245.9 2121 2131 2211 2221 2251 2254 2257 2261 2262 2271 Cigars ................................................................. Chewing and smoking tobacco.................................. Weaving mills, cotton (12/72 = 100) ......................... Weaving mills, synthetic (12/77 = 100) ...................... Women’s hosiery, except socks (12/75 = 100)............. Knit underwear mills ............................................... Circular knit fabric mills (6/76 = 100)......................... Finishing plants, cotton (6/76 = 100) ......................... Finishing plants, synthetics, silk (6/76 = 100) .............. Woven carpets and rugs (12/75 = 100)...................... 141.4 222.0 181.1 109.0 91.5 164.1 98.5 111.0 101.4 114.7 145.0 240.9 190.4 112.4 94.4 172.6 93.9 118.2 105.2 116.0 145.4 245.9 191.8 113.3 97.3 172.8 93.2 119.0 105.9 116.0 145.4 245.9 192.7 113.6 97.3 173.1 94.1 120.8 106.3 116.7 145.3 245.9 194.3 114.1 97.6 173.3 95.8 120.9 107.0 117.1 149.8 246.4 196.1 116.2 99.6 172.9 96.1 122.5 107.5 (’ ) 150.1 246.4 196.5 116.3 98.1 174.0 96.4 123.2 108.2 ( ') 150.1 255.8 198.7 116.2 97.5 174.0 96.2 124.0 108.3 (’ ) 149.8 260.4 201.1 116.8 98.2 174.3 96.9 126.1 109.3 (’ ) 150.4 2608 201.6 117.3 100.3 174.6 98.4 126.3 109.7 147.2 260.8 200.8 117.3 100.2 178.2 98.4 123.4 109.2 147.9 260.9 203.1 117.6 103.6 182.9 98.8 124.9 109.8 151.6 265.1 206.5 117.8 103.6 184.5 100.0 129.5 109.3 151.8 267.3 209.1 119.6 103.7 186.2 103.1 131.7 110.3 2272 2281 2282 2284 2298 2311 2321 2322 2323 2327 Tufted carpets and rugs........................................... Yarn mills, except wool (12/71 =100) ....................... Throwing and winding mills (6/76 = 100) .................... Thread mills (6/76 = 100).................................... Cordage and twine (12/77 = 100)............................. Men’s and boys’ suits and coats................................. Men's and boys’ shirts and nightwear ......................... Men’s and boys' underwear...................................... Mien’s and boys’ neckwear (12/75 = 100) .................. Mien’s and boys’ separate trousers............................. 125.3 167.4 99.2 114.6 993 194.3 180.8 180.6 102.3 152.7 126.5 172.3 106.0 120.3 98.6 199.9 191.6 188.7 103.4 157.8 127.0 173.1 104.4 120.4 101.7 203.9 191.8 188.7 103.4 162.3 127.7 174.5 106.3 120.4 102.8 204.2 192.4 188.7 103.4 162.3 128.1 175.7 107.5 120.4 105.4 204.5 193.5 188.7 103.4 162.5 127.6 177.5 108.5 120.5 105.4 205.8 194.7 188.7 103.4 162.5 128.6 177.4 109.7 128.1 113.5 206.5 195.9 190.0 110.9 162.7 129.0 179.4 111.2 128.1 115.1 2065 196.0 190.0 110.9 162.7 129.8 181.2 110.4 128.4 114,9 206.6 196.1 190.0 110.9 162.9 130.1 183.0 109.6 128.4 114.9 206.8 196.6 190.0 110.9 163.4 130.1 184.6 109.2 128.5 115.0 206.6 194.5 194.0 110.9 163.4 135.6 188.3 109.3 128.7 115.0 207.5 198.8 200.0 112.4 164.2 135.2 197.4 108.8 129.2 117.2 2096 196.6 202.2 112.4 174.3 137.5 199.3 111.3 129.3 118.5 209.7 197.3 204.0 112.4 174.4 2328 2331 2335 2341 2342 2361 2381 2394 2396 2421 Mien’s and boys’ work clothing ................................. Women's and misses' blouses and waists (6/78 = 100) . Women’s and misses’ dresses (12/77 = 100).............. Women’s and children’s underwear (12/72 = 100) ....... Brassieres and allied garments (12/75 = 100) ............ Children’s dresses and blouses (12/77 = 100)........... Fabric dress and work gloves.................................. Canvas and related products (12/77 = 100)................ Automotive and apparel trimmings (12/77 = 100)......... Sawmills and planing mills (12/71 = 100).............. 195.2 100.7 132.1 111.7 C) 214.4 99.6 106.3 228.9 200.0 99.2 106.6 142.3 116.0 105.5 232.2 105.9 107.1 249.5 206.5 99.1 106.6 142.6 116.1 106.7 241.5 105.9 107.1 252.5 206.5 100.3 105.9 143.3 116.2 106.7 243.9 105.9 107.1 251.6 209.0 100.5 105.9 143.3 117.5 102.1 243.9 106.9 114.3 250.9 208.9 102.6 106.4 144.2 117.5 102.4 245.4 108.4 114.3 251.3 210.7 102.7 108.3 145.3 117.8 102.4 245.4 111.0 114.3 259.1 210.9 102.8 108.3 145.3 117.8 103.7 245.4 111.4 114.3 265.6 213.4 103.0 108.7 146.7 117.8 105.7 245.4 112.3 114.3 262.2 219.1 105.9 108.8 147.4 117.8 105.7 246.9 112.1 114.3 250.2 219.4 106.8 108.8 147.7 118.8 105.6 246.9 120.1 114.3 237.5 225.3 107.0 112.9 149.4 119.7 106.1 257.7 122.1 114.3 234.8 234.1 107.2 113.9 150.1 123.0 105.3 261.7 122.8 114.3 239.6 235.4 107.2 113.9 152.4 124.9 106.0 264.8 123.4 122.3 239.1 2436 2439 2448 2451 2492 2511 2512 2515 2521 2611 Softwood veneer and plywood (12/75 = 100)......... Structural wood members, n.e.c. (12/75 = 100) ........... Wood pallets and skids (12/75 = 100).................... Mobile homes (12/74 = 100)...................... Particleboard (12/75 = 100) ............................. Wood household furniture (12/71 = 100) .................... Upholstered household furniture (12/71 =100)............. Mattresses and bedsprings.................................. Wood office furniture ............................................... Pulp mills (12/73 = 100).................................. 150.1 136.2 149.4 126.5 159.7 152.4 143.1 156.3 194.4 178.5 160.1 148.3 163.8 133.8 142.7 160.9 147.6 162.9 213.1 189.9 157.3 150.1 166.8 135.3 143.8 162.7 147.4 163.1 214.2 192.5 151.1 150.1 166.7 137.3 141.6 164.6 149.2 163.2 214.3 195.2 140.7 150.0 167.0 138.0 137.4 164.0 149.4 164.1 214.2 196.6 148.1 150.0 166.9 138.2 134.3 164.5 150.0 164.5 216.8 205.4 153.4 149.9 166.8 139.6 134.7 164.6 150.2 165.8 216.8 205.7 156.0 150.8 167.9 140.7 138.5 168.0 151.6 165.8 216.8 205.8 153.1 158.2 167.9 143.0 139.5 169.3 151.8 168.9 217.6 213.5 142.9 158.2 171.0 144.0 136.8 172.3 153.8 172.3 217.6 213.9 138.7 158.2 170.5 143.6 134.1 173.6 155.8 172.1 221.9 215.6 138.5 158.2 169.8 144.2 136.5 175.7 155.9 169.7 226.2 227.2 143.9 158.2 167.0 146.1 149.0 177.4 156.6 169.7 233.7 227.0 139.8 158.3 166.3 146.7 158.9 177.6 156.6 169.7 233.8 227.4 2621 2631 2647 2654 2655 2812 2821 2822 2824 2873 Paper mills, except building (12/74 = 100).................. Paperboard mills (12/74 = 100) ............................... Sanitary paper products........................................... Sanitary food containers .......................................... Fiber cans, drums, and similar products (12/75 = 100) .. Alkalies and chlorine (12/73 = 100).................. Plastics materials and resins (6/76 = 100).................. Synthetic rubber ..................................................... Organic fiber, noncellulosic........................................ Nitrogenous fertilizers (12/75 = 100)......................... 115.7 106.4 251.4 170.8 123.0 198.8 103.8 180.5 107.6 96.6 126.0 114.4 269.2 179.5 130.8 201.8 109.2 192.7 111.5 98.0 128.5 117.1 270.8 184.1 130.9 203.7 113.8 196.5 113.1 101.5 129.3 118.1 271.7 189.1 132.2 204.9 117.7 200.9 115.9 101.9 129.5 118.5 271.9 189.1 134.0 206.3 118.6 206.6 117.4 101.4 130.2 119.7 276.4 189.6 136.6 209.5 124.9 214.2 118.6 102.8 131.0 121.9 285.9 189.6 136.6 212.2 127.8 223.4 119.8 104.1 131,4 123.4 285.4 191.8 136.6 213.1 128.9 223.8 123.5 106.1 135.1 125.4 286.3 195.8 138.5 214.1 132.9 225.7 123.6 108.0 136.5 126.3 288.4 198.2 138.5 216.7 133.8 228.0 123.2 111.7 137.0 127.7 289.1 199.9 140.9 217.1 134.3 229.4 123.5 113.6 139.2 131.4 294.0 202.6 143.2 220.3 138.2 240.0 124.3 114.5 140.0 132.3 303.8 202.6 143.2 224.9 139.3 243.2 124.8 119.4 142.7 134.1 311.6 207.3 143.3 227.1 140.6 243.8 127.1 122.2 2874 2875 2892 2911 2951 2952 3011 Phosphatic fertilizers ............................................... Fertilizers, mixing only ........................................... Explosives ............................................... Petroleum refining (6/76 = 100) ............................. Paving mixtures and blocks (12/75 = 100).................. Asphalt felts and coatings (12/75) = 100) .................. Tires and inner tubes (12/73 = 100) .................... 166.0 181.9 217.3 119.6 117.1 128.2 154.0 179.1 192.8 226.9 132.8 125.9 132.8 167.1 185.2 197.3 227.9 138.8 128.5 138.6 168.0 185.1 197.8 239.0 146.6 130.1 139.3 169.2 184.2 197.8 239.3 155.1 131.2 141.6 170.6 188.9 198.1 240.1 165.5 134.4 143.6 176.8 199.4 205.6 240.7 176.6 134.9 142.7 181.2 204.3 211.1 250.3 188.9 141.6 145.8 184.2 213.2 218.3 250.8 196,4 145.6 147.6 186.9 221.6 227.0 251.7 201.0 145.6 152.2 191.2 223.4 227.1 252.7 204.8 145.7 150.4 191.0 230.0 233.8 253.9 213.6 150.0 156.1 192.7 233.9 2408 255.5 228.7 157.3 162.4 198.2 235.7 243.1 260.5 242.2 167.8 169.5 198.3 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 97 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Producer Prices 30. Continued — Producer Price Indexes for the output of selected SIC Industries [1967=100 unless otherwise specified] Annual 1972 Industry description SIC code 1980 1979 average 1978 Mar. Apr. May June July Aug. Sept. Oct. N o v.2 Dec. Jan. Feb. Mar. 169.0 164.5 107.5 182.9 136.3 147.6 190.3 123.0 150.8 250.7 169.5 167.6 109.0 201.3 138.5 152.8 192.2 131.7 150.8 265.2 169.6 169.1 110.7 195.8 142.0 155.4 195.4 131.8 151.8 265.2 171.0 169.2 111.4 181.8 135.0 155.4 198.7 131,8 151.9 265.2 173.4 169.2 112.3 172.9 135.0 158.2 201.5 131.8 151.9 265.2 173.4 177.7 113.1 155.2 135.0 160.1 201.6 131.8 152.3 265.2 173.5 178.8 114.3 161.9 135.8 160.4 202.3 131.8 152.6 265.2 173.5 179.2 114.6 150.8 135.9 160.3 204.0 131.8 153.3 265.2 173.4 177.4 115.6 153.5 137.0 159.2 204.0 131.8 153.9 273.6 173.7 177.6 116.6 164.3 144.8 159.3 205.7 131.9 157.4 274.5 173.8 177,9 116.8 160.8 146.7 157.9 206.4 131.9 157.4 274.5 173.8 182.7 118.7 146.7 146.7 158.4 213.5 132.1 157.9 274.5 3021 3031 3079 3111 3142 3143 3144 3171 3211 3221 Rubber and plastic footwear (12/71 - 100) ................................. Reclaimed rubber (12/73 - 100) ............................................... Miscellaneous plastic products (6/78 - 100)................................. Leather tanning and finishing (12/77 - 100) ................................. House slippers (12/75 = 100) ................................................... Men’s footwear, except athletic (12/75 - 100) ............................. Women’s footwear, except athletic ............................................. Women’s handbags and purses (12/75 - 100) ............................. Flat glass (12/71 - 100).......................................................... Glass containers ..................................................................... 158.7 154.3 119.1 122.5 127.1 164.1 111.4 142.7 244.3 169.0 162.1 105.4 173.8 136.3 145.6 189.2 123.0 150.8 250.7 3241 3251 3253 3255 3259 3261 3262 3263 3269 3271 Cement, hydraulic ................................................................... Brick and structural clay tile ...................................................... Ceramic wall and floor tile (12/75 - 100) .................................... Clay refractories ..................................................................... Structural clay products, n.e.c...................................................... Vitreous plumbing fixtures.......................................................... Vitreous china food utensils........................................................ Fine earthenware food utensils ................................................... Pottery products, n.e.c. (12/75 - 100) ........................................ Concrete block and brick .......................................................... 251.2 230.8 107.7 221.4 176.3 189.7 268.8 228 1 122.2 202.0 280.3 252.8 113.0 234.1 186.7 198.9 290.6 237.1 129.2 227.0 283.1 256.7 113.0 234.4 186.8 201.6 290.6 237.1 129.2 230.8 283.2 258.3 113.0 234.6 186.8 204.6 290.6 237.1 129.2 232.6 283.7 259.7 113.0 236.9 187.8 206.4 290.6 236.4 129.0 232.7 285.4 261.0 120.2 246.5 188.2 210.1 297.5 238.8 131.0 232.7 285.4 263.3 120.2 246.7 192.1 212.4 297.5 238.8 131.0 235.7 285.4 265.9 120.2 247.1 192.1 213.1 298.0 246.0 133.3 237.8 285.4 261.3 120.2 251.0 192.8 214.5 298.0 246.0 133.3 240.0 285.5 261.3 120.2 252.9 192.3 215.7 305.4 248.4 135.5 240.0 283.6 262.7 130.3 255.4 196.9 217.3 307.9 290.3 148.8 240.1 3028 268.3 130.4 256.5 196.7 219.2 307.9 290.3 148.8 249.5 303.2 270.4 130.4 260.9 198.6 224.6 3079 2903 148.8 250.6 303.2 271.9 130.4 265.3 196.7 226.7 308.2 294.0 150.0 252.3 3273 3274 3275 3291 3297 3312 3313 3316 3317 3321 Ready-mixed concrete .............................................................. Lime (12/75 - 100)................................................................. Gypsjm products..................................................................... Abrasive products (12/71 - 100)............................................... Nonclay refractories (12/74 = 100) ........................................... Blast furnaces and steel mills ..................................................... Electrometallurgical products (12/75 - 100) ................................. Cold finishing of steel shapes ..................................................... Steel pipes and tubes............................................................... Gray iron foundries (12/68 = 100) ............................................. 217.6 129.5 229.5 172.3 133.6 262.3 94.8 241.0 255.2 233.5 241.7 137.5 251.5 182.4 140.4 281.1 104.0 258.4 265.8 249.4 244.5 139 9 252.7 184.0 140.5 283.5 106.8 259.1 265.0 253.9 245.2 139.8 249.4 185.1 140.5 285.3 111.7 259.8 264.5 253.3 247.5 140.1 251.9 185.8 143.9 285.8 112.3 261.3 264.5 254.5 249.6 141.8 252.3 187.7 148.1 292 8 116.5 270.6 271.9 253.9 250.5 142.9 252.8 188.6 149.1 293.0 116.5 270.8 271.3 253.8 252.4 144.2 255.4 190.4 149.7 293.2 116.0 270.9 271.3 254.8 254.0 144.6 255.9 195.1 150.1 296.4 116.2 271.7 272.7 267.1 254.6 144.3 256.8 195.3 152.3 297.1 117.5 273.4 273.1 269.6 257.0 144.7 255.6 197.1 152.4 297.6 117.6 273.9 273.0 268.3 270.1 149.6 255.9 199.2 152.6 302.3 117.8 274.2 280.9 272.3 271.9 153.7 262.8 2022 153.3 3029 117.8 277.2 281.2 275.4 274.9 155.5 268.1 203.9 154.2 304.1 118.0 277.2 2836 275.7 3333 3334 3351 3353 3354 3355 3411 3425 3431 3465 Primary zinc............................................................................ Primary aluminum ................................................................... Copper rolling and drawing........................................................ Aluminum sheet plate and foil (12/75 - 100) ............................... Aluminum extruded products (12/75 - 100) ................................. Aluminum rolling, drawing, n.e.c. (12/75 = 100)............................. Meta cans ............................................................................ Hand saws and saw blades (12/72 - 100)................................... Metal sanitary ware ................................................................. Automotive stampings (12/75 - 100) .......................................... 223.2 217.4 170.2 137.6 134.3 119.7 238.5 147.9 209.1 118.8 260.9 232.4 211.0 146.5 142.5 127.5 260.9 157.9 219.2 125.7 274.2 235.8 220.1 148.0 146.1 129.6 264.4 159.6 220.8 126.2 274.5 237.4 215.6 148.7 147.5 131.5 263.8 161.9 222.2 127.0 275.2 2385 211.7 148.8 147.6 131.6 262.2 162.5 224.1 127.1 281.4 244.9 211.2 149.6 150.3 132.7 262.2 162.8 226.4 127.8 265.5 247.4 213.6 149.8 151.9 133.1 262.9 166.3 228.9 130.9 264.2 248.2 216.7 150.0 151.9 133.5 263.5 166.4 229.2 131.6 265.2 256.0 226.3 150.7 155.2 136.9 2738 167.1 2301 132.4 257.8 263.2 222.6 151.3 157.4 139.9 274.6 169.5 231.7 132.4 265.7 266.6 225 1 151.9 157.8 140.3 273.9 169.6 232.9 132.7 266.1 267.0 231.1 153.4 158.8 140.5 276.6 173.0 237.3 132.8 272.4 267.0 253.2 153.5 158.9 140.8 276.6 173.6 242.1 132.8 279.6 267.8 238.7 155.5 160.8 141.2 279.5 175.4 243.1 133.0 3482 3493 3494 3498 3519 3531 3532 3533 3534 3542 Small arms ammunition (12/75 - 100)........................................ Steel springs, except wire.......................................................... Valves and pipe fittings (12/71 - 100) ........................................ Fabricated pipe and fittings........................................................ Internal combustion engines, n.e.c................................................. Construction machinery (12/76 - 100)........................................ Mining machinery (12/72 - 100) ............................................... Oilfield machinery and equipment ............................................... Elevators and moving stairways ................................................. Machine tools, metal forming types (12/71 - 100)......................... 119.5 204.6 185.5 265.5 220.1 114.0 209.5 246.2 204.2 213.6 125.9 216.7 199.0 276.8 234.0 121.6 224.2 281.8 213.4 234.1 128.3 218.1 201.4 284.9 237.1 123.0 228.0 283.5 213.8 237.9 130.4 218.7 203.6 288.2 239.0 123.9 228.4 288.4 213.6 238.8 131.4 220.5 204.2 290.7 2392 124.0 226.4 290.0 214.2 240.6 134.0 221.6 205.3 294.8 242.3 125.6 231.2 292.0 215.4 244.6 134.0 222.1 206.2 294.8 245.7 126.3 231.5 293.3 214.6 245.1 134.0 222.8 207.5 294.9 251.8 126.5 232.7 296.8 219.1 247.9 133.2 223.7 210.4 297.3 254.2 128.9 233.1 300.5 219.4 249.8 133.6 224.1 212.5 297.4 254,9 129.4 235.4 3028 220.6 253.7 149.2 225.4 213.9 297.4 253.7 130.7 235.8 308.0 220.9 256.7 147.9 226.0 216.5 301.7 259.2 134.2 243.1 314.0 223.9 266.0 147.9 226.5 218.8 301.8 260.5 135.3 244.2 315.9 225.4 259.2 147,3 228.4 221.3 303.5 264.2 135.8 244.8 319.0 228.8 271.2 3546 3552 3553 3576 3592 3612 3623 3631 3632 3633 Power driven hand tools (12/76 - 100) ...................................... Textile machinery (12/69 - 100) ............................................... Woodworking machinery (12/72 - 100) ...................................... Scales and balances, excluding laboratory.................................... Carburetors, pistons, rings, valves (6/76 - 100) ........................... Transformers.......................................................................... Welding apparatus, electric (12/72 - 100) .................................. Household cooking equipment (12/75 - 100) ............................... Household refrigerators, freezers (6/76 - 100)............................. Household laundry equipment (12/73 - 100) ............................... 111.1 179.9 168.1 179.7 128.2 158.3 178.1 114.8 109.6 141.0 116.9 190.4 179.2 191.1 136.9 167.0 186.6 120.2 1127 146.9 117.7 191.6 181.0 191.3 137.6 168.5 187.3 1203 111.8 146.9 117.8 191.7 183.2 192.8 138.6 168.0 191.5 120.7 111.9 147.0 118.7 192.6 184.5 193.7 138.7 168.5 191.9 120.9 112.6 147.2 119.2 195.0 185.9 194.8 139.2 167.9 193.5 122.0 113.6 148.8 120.2 197.5 187.7 195.4 139.6 167.6 194.1 123.4 114.3 149.9 120.4 198.2 190.0 195.4 140.7 168.4 195.1 124.3 115.1 150.6 122.0 199.3 192.6 195.7 142 8 171.2 196.9 124,4 115.1 150.9 122.8 200.6 192.7 199.5 145.1 170.4 198.6 125.9 115.7 152.3 124.2 200.6 193.3 197.7 144.6 171.7 199.6 126.1 115.9 154.7 126.2 202.7 201.7 200.9 147.3 173.0 200.6 128.6 116.6 155.2 126.5 205.2 202.0 201 9 147.6 176,1 202.6 129.1 118.0 156.5 127.3 207.0 205.5 204.1 148.5 177.4 205.3 129.3 118.2 158.2 3635 3636 3641 3644 3646 3648 3671 3674 3675 3676 Household vacuum cleaners...................................................... Sewing machines (12/75 - 100) ............................................... Electric lamps ........................................................................ Noncurrent-carrying wiring devices (12/72 - 100)......................... Commercial lighting fixtures (12/75 - 100) .................................. Lighting equipment, n.e.c. (12/75 - 100)...................................... Electron tubes receiving type ..................................................... Semiconductors and related devices ........................................... Electronic capacitors (12/75 - 100)........................................... Electronic resistors (12/75 - 100) ............................................. 135.5 140.4 111.2 •*119.8 214.7 227.1 185.8 198.0 112.7 121.2 114.6 122.3 2009 211.0 84.4 85.3 111.5 115.9 123.1 118.3 140.4 121.1 229.8 200.4 124 3 123.5 211.2 84.7 119.8 123.2 141.2 121.1 229.8 202.6 126.8 124.0 211.3 84.7 120.1 123.2 141.5 121.1 229.7 203.0 127.4 124.6 2264 84.7 122.1 123.2 141.6 121.8 240.8 203.3 127.9 127.6 226.5 84.2 126.7 124.0 141.7 122 2 244.3 207.7 127.9 128.2 226.6 84.3 129.3 124.6 141.9 122.2 242.7 209.1 130.5 128.5 227.2 84.7 134.1 125 2 144.5 122.6 244.8 210.5 131.4 129.6 227.2 85.1 133 9 126.6 144.7 122.6 238.7 211.9 131.6 129.8 227.4 85.6 135.8 126.7 145.8 122.0 240.5 217.3 132.3 130.5 227.6 86.0 137.9 127.3 146.2 122.0 248.3 215.2 133.9 133.0 229.1 866 147.7 127.4 149.6 128.6 252.2 217.5 134.8 133 2 229.4 88.0 149.1 128.8 149.9 128 6 251.8 217.5 136.6 134.5 229.5 88.9 149.0 131.8 3678 3692 3711 3942 3944 3955 3995 3996 Electronic connectors (12/75 - 100) .......................................... Primary batteries, dry and wet ................................................... Motor vehicles and car bodies (12/75 - 100) ............................... Dolls (12/75 - 100) ............................................................... Games, toys, and children’s vehicles........................................... Carbon paper and inked ribbons (12/75 - 100)............................. Burial caskets (6/76 = 100)...................................................... Hard surface floor coverings (12/75 - 100) ................................. 118.9 162.0 115.9 103.2 172.3 105.1 113.0 1163 125.6 164.8 122.3 108.6 179.2 115.5 120.9 120.7 125.8 167.9 124.5 109.3 179.6 119.6 121.0 120.7 126.6 172.1 124.6 109.3 182 3 120.2 121.7 123.7 126.9 172.7 124.8 109.3 183.1 116.7 121.7 124.5 133.4 1728 125.1 111.8 183 5 117.1 123.3 128.3 134.1 172.8 122.1 112.6 184,4 118.3 123.8 128.3 137.6 172 8 122.5 112.6 185.1 118.7 124.8 128.3 138.9 173.1 130.2 112.9 186 2 123.1 123.1 131.0 140.7 173.1 130.1 112.9 186,3 125,2 124.8 134.1 141.0 174.1 130.0 113,0 186 6 125.6 124.8 134.1 1436 174.2 132.5 121.2 195.5 126.5 128.3 138.6 144.9 176.5 131.4 123.7 202.0 128.1 128.3 138.7 145.1 176.6 131.6 123.9 202.0 128.3 128.3 138.7 i N0t available. 98 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 Data ,or November 1979 have been revised to reflect the availability of late reports and cor rections by respondents. All data are subject to revision 4 months after original publication. PRODUCTIVITY DATA r o d u c t iv it y d a t a are compiled by the Bureau of Labor Statistics from establishment data and from estimates of com pensation and output supplied by the U.S. Department of Commerce and the Federal Reserve Board. P Definitions Output is the constant dollar gross domestic product produced in a given period. Indexes of output per hour of labor input, or labor pro ductivity, measure the value of goods and services produced per hour of labor. Compensation per hour includes wages and salaries of em ployees plus employers’ contributions for social insurance and private benefit plans. The data also include an estimate of wages, salaries, and supplementary payments for the self-employed, except for nonfinancial corporations, in which there are no self-employed. Real com pensation per hour is compensation per hour adjusted by the Consumer Price Index for All Urban Consumers. Unit labor cost measures the labor compensation cost required to produce one unit of output and is derived by dividing compensation by output. Unit nonlabor payments include profits, depreciation, in terest, and indirect taxes per unit of output. They are computed by subtracting compensation of all persons from the current dollar gross domestic product and dividing by output. In these tables, Unit nonlabor costs contain all the components of unit nonlabor payments except unit profits. Unit profits include corporate profits and invento ry valuation adjustments per unit of output. The implicit price deflator is derived by dividing the current dollar estimate of gross product by the constant dollar estimate, making the deflator, in effect, a price index for gross product of the sector reported. 31. The use of the term “man-hours” to identify the labor component of productivity and costs, in tables 31 through 34, has been discontin ued. Hours of all persons is now used to describe the labor input of payroll workers, self-employed persons, and unpaid family workers. Output per all-employee hour is now used to describe labor productiv ity in nonfinancial corporations where there are no self-employed. Notes on the data In the private business sector and the nonfarm business sector, the basis for the output measure employed in the computation of output per hour is Gross Domestic Product rather than Gross National Product. Computation of hours includes estimates of nonfarm and farm proprietor hours. Output data are supplied by the Bureau of Economic Analysis, U.S. Department of Commerce, and the Federal Reserve Board. Quarterly manufacturing output indexes are adjusted by the Bureau of Labor Statistics to annual estimates of output (gross product originating) from the Bureau of Economic Analysis. Compensation and hours data are from the Bureau of Economic Analysis and the Bureau of Labor Statistics. Beginning with the September 1976 issue of the R ev ie w , tables 3 1 34 were revised to reflect changeover to the new series— private busi ness sector and nonfarm business sector— which differ from the previously published total private economy and nonfarm sector in that output imputed for owner-occupied dwellings and the household and institutions sectors, as well as the statistical discrepancy, are omitted. For a detailed explanation, see J. R. Norsworthy and L. J. Fulco, “New sector definitions for productivity series,” M o n th ly L a b o r R ev ie w , October 1976, pages 40-42. Indexes of productivity and related data, selected years, 1950-79 [1967 = 100] Item Private business sector: Output per hour of all persons ...................... Compensation per hour ............................... Real compensation per hour......................... Unit labor cost........................................... Unit nonlabor payments ............................... Implicit price deflator .................................. Nonfarm business sector: Output per hour of all persons ...................... Compensation per hour ............................... Real compensation per hour......................... Unit labor cost........................................... Unit nonlabor payments ............................... Implicit price deflator .................................. Nonfinancial corporations: Output per hour of all employees .................. Compensation per hour ............................... Real compensation per hour......................... Unit labor cost........................................... Unit nonlabor payments ............................... Implicit price deflator .................................. Manufacturing: Output per hour of all persons ...................... Compensation per hour ............................... Real compensation per hour......................... Unit labor cost........................................... Unit nonlabor payments ............................... Implicit price deflator .................................. 1950 1955 1960 1965 1970 1972 1973 1974 1975 1976 1977 1978 61.0 42.4 58.9 69.6 73.2 70.8 70.3 55.8 69.6 79.4 80.5 79.8 78.7 71.9 81.1 91.3 85.5 89.3 95.0 88.7 93.8 93.3 95.9 94.2 104.2 123.1 105.8 118.2 105.8 113.9 111.4 139.7 111.5 125.4 119.0 123.2 113.6 151.2 113.6 133.1 124.9 130.3 110.1 164,9 111.7 149.8 130.4 143,1 112.4 181.3 112.5 161.3 150.4 157.5 116.4 197.2 115.6 169.4 158.0 165.5 118.6 213.0 117.3 179.6 165.6 174.8 119.2 231.2 118.3 194.0 174.3 187 2 118.1 252.8 116.3 214.0 184.6 203.8 66.9 45.4 63.0 67.9 71.5 69.1 74.3 58.7 73.2 79.1 80.1 79.4 80.9 74.2 83.7 91.7 84.5 89.2 95.9 89.4 94.6 93.2 95.8 94.1 103.0 121.7 104.6 118.1 106.0 114.0 110.1 138.4 110.4 125.7 117.5 122.9 112.0 149.2 112.1 133.2 117.8 127.9 108.5 162.8 110.2 150.0 124.7 141.4 110.5 178.9 111.0 161.8 146.0 156.4 114.4 193.8 113.7 169.4 156.0 164.8 116.2 209.3 115.3 180.1 163.9 174.5 116.8 227.3 116.3 194.5 169.9 186.1 115.5 247.6 113.9 214.3 178.8 202.2 (’ ) ( ') (’ ) <’ ) <’ ) (’ ) (’ ) (’ ) (’ ) (’ ) ( 1) (’ ) 80.2 75.7 85.4 94.3 908 93.1 96.8 90.0 95.3 93.0 100.1 95.5 103.5 121.5 104.4 117.4 103.5 112.5 110.5 136.7 109.1 123.7 114.8 120.5 112.8 147.5 110.8 130.7 116.8 125.8 108.5 161.4 109.3 148.8 124.8 140.2 111.9 177.4 110.1 158.6 148.1 154.9 115.5 192.2 112.7 166.4 156.8 163.0 116.8 207.6 114.4 177.7 164.4 173.0 117.9 224.8 115.0 190.6 170.6 183.5 117.5 244.7 112.6 208.3 1798 198.2 65.0 45.1 62.5 69.4 82.4 73.3 74.1 60.5 75.4 81.6 886 838 78.9 77.1 87.0 97.7 92.4 96.1 98.3 91.0 96.3 92.6 103.3 95.9 104.5 121.8 104.7 116.5 96.2 110.3 115.7 136.6 109.0 118.1 107.4 114.8 118.8 146.4 110.0 123.2 106.4 118.0 112.6 161.1 109.1 143.1 105.6 131.6 118.2 180.2 111.8 152.4 128.4 145.1 123.4 195.1 114.5 158.2 139.6 152.5 127.2 212.0 116.8 166.6 147.4 160.7 128.0 229.5 117.5 179.4 152.4 171.1 130.2 250.5 115.2 192.4 (’ ) (’ ) 1979 ' Not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 99 MONTHLY LABOR REVIEW May 1980 • Current Labor Statistics: Productivity 32. Annual percent change in productivity and related data, 1969-79 Annual rate Year of change Item Private business sector: Output per hour of all persons ......................... Compensation per hour .................................. Real compensation per hour............................. Unit labor cost............................................... Unit nonlabor payments................................... Implicit price deflator ...................................... Nonfarm business sector: Output per hour of all persons ......................... Compensation per hour .................................. Real compensation per hour............................. Unit labor cost............................................... Unit nonlabor payments.................................. Implicit price deflator ...................................... Nonfinancial corporations: Output per hour of all employees ...................... Compensation per hour ................................... Real compensation per hour............................. Unit labor cost............................................... Unit nonlabor payments................................... Implicit price deflator ...................................... Manufacturing: Output per hour of all persons ......................... Compensation per hour .................................. Real compensation per hour............................. Unit labor cost............................................... Unit nonlabor payments.................................. Implicit price deflator ...................................... 1972 1973 1974 1975 1976 1977 1978 1979 3.3 6.7 2.4 3.3 6.8 4.4 3.5 6.3 2.9 2.8 5.2 3.6 1.9 8.2 1.9 6.2 5.0 5.8 -3.0 9.1 -1.7 12.5 4.4 9.8 2.1 9.9 .7 7.7 15.3 10.1 3.5 8.8 2.8 5.0 5.1 5.0 1.9 8.0 1.5 6.0 4.8 5.6 0.5 8.5 0.8 8.0 5.3 7.1 -0.9 9.3 -1.7 10.3 5.9 8.9 2.6 5.8 2.6 3.2 2.8 3.1 2.2 6.8 2.1 4.5 4.0 4.3 .1 6.7 .7 6.5 1.6 4.9 3.1 6.7 2.3 3.5 6.7 4.5 3.7 6.5 3.1 2.8 3.8 3.1 1.7 7.8 1.5 6.0 .3 4.1 -3.1 9.1 -1.7 12.7 5.9 10.5 1.9 9.9 .7 7.9 17.1 10.6 3.5 8.3 2.4 4.7 6.9 5.4 1.6 8.0 1.4 6.3 5.0 5.9 .5 8.6 .9 8.0 3.7 6.6 -1.1 8.9 -2.1 10.2 5.2 8.6 2.2 5.5 2.3 3.2 2.8 3.1 2.0 6.5 1.9 4.5 3.9 4.3 .3 6.7 1.2 6.3 0 4.1 -.1 6.7 .7 6.8 .5 4.6 3.4 6.2 1.9 2.7 7.3 4.2 3.3 5.9 2.5 2.5 3.3 2.8 2.1 7.9 1.6 5.7 1.8 4.4 -3.8 9.4 -1.4 13.8 6.8 11.5 3.1 10.0 .7 6.6 18.7 10.5 3.2 8.3 2.4 4.9 5.8 5.2 1.1 8.0 1.5 6.8 4.9 6.1 1.0 8.3 .6 7.3 3.8 6.1 -.4 8.9 -2.1 9.3 5.4 8.0 <’ ) ( ') (’ > ( 1) ( 1) 2.0 6.3 1.7 4.2 3.4 3.9 1.1 6.4 1.0 5.2 -4.4 2.3 -.3 6.9 .9 7.2 -3.2 4.2 5.3 6.3 2.0 .9 9.2 3.1 5.1 5.5 2.1 .4 2.3 1.0 2.7 7.2 .9 4.3 -1.0 2.8 -5.2 10.1 -.8 16.1 -.7 11.5 4.9 11.8 2.4 6.6 21.6 10.2 4.4 8.3 2.4 3.8 8.8 5.1 3.1 8.6 2.0 5.3 5.5 5.4 .6 8.3 .6 7.7 3.4 6.5 1.8 9.2 -1.9 r7.3 (’ ) (’ ) 2.6 5.4 2.2 2.7 1.8 2.5 2.6 6.3 1.6 3.6 2!3 3.3 IV 1969 1970 0.2 6.8 1.4 6.6 1.0 4.7 0.7 7.1 1.1 6.4 1.2 4.7 -.3 6.3 .9 6.7 .4 4.5 1971 1950-78 n 1960-78 ' Not available. 33. Indexes of productivity, hourly compensation, unit costs, and prices, seasonally adjusted [1967 = 100] Quarterly indexes Annual Item Private business sector: Output per hour of all persons ......................... Compensation per hour ................................... Real compensation per hour............................. Unit labor cost............................................... Unit nonlabor payments.................................. Implicit price deflator ...................................... Nonfarm business sector: Output per hour of all persons ......................... Compensation per hour ................................... Real compensation per hour............................. Unit abor cost............................................... Unit nonlabor payments................................... Implicit price deflator ...................................... Nonfinancial corporations: Output per hour of all employees...................... Compensation per hour .................................. Real compensation per hour............................. Total unit costs ............................................. Unit labor cost ........................................ Unit nonlabor costs.................................. Unit profits ................................................... Implicit price deflator ...................................... Manufacturing: Output per hour for all persons......................... Compensation per hour .................................. Real compensation per hour............................. Unit labor cost............................................... 1Not available. 100 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis average 1979 1978 1977 1978 1979 II III IV I II III IV I II III 119.2 231.2 118.3 194.0 174.3 187.2 1181 252.8 116.3 214.0 184.6 203.8 117.9 210.8 116.7 178.8 164.7 173.9 119.4 215.3 117.6 180.2 167.9 176.0 118.8 218.5 117.9 183.8 168.6 178.6 118.4 224.2 118.7 189.4 164.8 180.9 119.0 228.5 118.1 192.1 173.9 185.8 119.7 233.6 118.2 195.2 177.0 188.9 119.8 238.4 118.0 199.0 181.3 192.9 118.9 244.8 118.0 205.9 180.8 197.2 118.2 250.3 116.9 211.7 183.7 202.0 117.8 255.6 115.8 217.0 185.6 206.1 117.6 260.1 114.2 221.1 189.0 210.0 116.8 227.3 116.3 194.5 169.9 186.1 115.5 247.6 113.9 214.3 178.8 202.2 115.8 207.3 114,7 179.0 163.2 173.6 116.7 211.2 115.4 180.9 167.1 176.2 116.3 214.8 115.9 184.7 166.0 178.3 116.0 220.6 116.8 190.2 161.1 180.2 116.5 224.6 116.1 192.7 169.2 184.7 117.3 229.4 116.1 195.6 173.0 187.8 117.6 234.3 116.0 199.3 176.1 191.4 116.6 240.2 115.8 206.0 174.3 195.1 115.4 r 244.8 114.3 212.1 177.6 200.3 115.0 249.9 113.2 217.3 180.5 204.7 115.1 255.4 112.2 221.8 183.3 208.6 117.9 224.8 115.0 193.3 190.6 201.8 127.2 183.5 117.5 244.7 112.6 210.3 208.3 216.6 128.4 198.2 116.5 205.7 113.8 180.5 176.6 192.4 123.3 172.0 117.4 209.5 114.5 182.4 178.4 194.8 130.9 174.7 116.7 212.8 114.8 186.3 182.3 198.7 122.2 176.8 116.7 218.5 115.7 190.8 187.3 201.5 107.1 178.3 117.8 222.3 114.9 191.6 188.7 200.8 129.2 182.3 118.4 226.9 114.8 194.0 191.5 201.6 132.7 184.9 118.8 231.3 114.5 196.8 194.8 203.1 138.7 188.2 118.1 237.4 114.5 202.3 201.0 206.5 130.3 191.6 117.3 242.1 113.1 208.0 206.4 213.2 129.2 196.3 117.2 247.1 112.0 213.2 210.8 220.5 127.5 200.4 (’ ) (’ ) ( 1) ( 1) (’ ) (’ ) <’ ) ( 1) 128.0 229.5 117.5 179.4 130.2 250.5 115.2 192.4 127.3 209.7 116.1 164.7 128.4 214.1 117.0 1667 127.8 217.5 117.4 170.2 125.7 223.2 118.1 177.5 127.2 226.6 117.1 178.1 129.2 231.4 117.0 179.1 129.8 236.5 117.1 182.2 129.0 242.4 116.9 187.9 130.0 248.2 115.9 190.9 131.1 253.0 114.6 193.0 130.6 258.2 113.4 197.6 34. Percent change from preceding quarter and year in productivity, hourly compensation, unit costs, and prices, seasonally adjusted at annual rate [1967 = 100] Quarterly percent change at annual rate Item Private business sector: Output per hour of all persons .................. Compensation per hour ........................... Real compensation per hour...................... Unit labor cost........................................ Unit nonlabor payments ........................... Implicit price deflator ............................... Nonfarm business sector: Output per hour of all persons .................. Compensation per hour ........................... Real compensation per hour.................. Unit labor cost........................................ Unit nonlabor payments ........................... Implicit price deflator ............................... Nonfinancial corporations: Output per hour of all employees .............. Compensation per hour ........................... Real compensation per hour...................... Total unit costs ...................................... Unit labor costs .................................. Unit nonlabor costs............................... Unit profits............................................. Implicit price deflator ............................... Manufacturing: Output per hour of all persons .................. Compensation per hour ........................... Real compensation per hour...................... Unit labor cost........................................ Percent change from same quarter a year ago II 1978 III 1978 IV 1978 I 1979 II 1979 III 1979 III 1977 IV 1977 1 1978 II 1978 III 1978 to to to to to to to to to to to to III 1978 IV 1978 I 1979 II 1979 III 1979 IV 1979 III 1978 IV 1978 I 1979 II 1979 III 1979 IV 1979 IV 1978 2.4 9.2 .3 6.6 7.4 6.9 0.3 8.5 -.7 8.1 9.9 8.7 -3.0 11.1 .1 14.6 -1.0 9.3 -2.2 9.3 -3.8 11.8 6.5 10.1 -1.3 8.8 -3.6 10.3 4.1 8.3 -0.6 7.2 -5.4 7.8 7.7 7.8 0.2 8.5 0.4 8.3 5.4 7.4 0.8 9.1 .1 8.3 7.5 8.0 0.4 9.2 -.6 8.7 9.7 9.0 -0.6 9.5 -1.0 10.2 5.6 8.7 -1.6 9.4 -2.0 11.2 4.8 9.1 -1.8 9.1 -3.2 11.1 4.3 8.9 2.7 8.8 .0 6.0 9.4 7.0 .8 8.8 -.4 8.0 7.3 7.8 -3.2 10.4 -.6 14.0 -4.0 8.1 -4.1 7.9 -5.0 12.5 7.8 11.0 -1.4 8.5 -3.9 10.1 6.6 9.0 .5 9.2 3.6 8.6 6.4 7.9 5 8.7 .6 8.1 3.5 6.6 1.1 9.1 .1 7.9 6.1 7.3 r.5 8.9 -.8 8.3 8.2 8.3 -1.0 9.0 -1.5 10.1 5.0 8.5 -2.0 8.9 -2.5 11.1 4.3 9.0 -2.0 9.0 -3.3 r 11.3 4.1 9.0 2.0 8.4 -.4 5.1 6.2 1.7 11.4 5.7 1.1 8.1 -1.0 5.9 6.9 2.9 19.5 7.3 -2.1 11.0 .0 11.7 13.4 6.8 -22.1 7.6 -2.8 8.0 -4.9 11.8 11.2 13.5 -3.4 10.2 -0.2 8.6 -3.8 10.2 8.8 14.6 -5.3 8.6 <1) ( ') ( ') ( ') ( 1) (’ ) (’ ) 0.8 8.3 .2 6.4 7.4 3.5 1.4 5.8 1.8 8.7 -.3 5.6 6.8 2.2 13.6 6.4 1.3 8.7 -1.0 6.1 7.3 2.5 21.7 7.5 -.5 8.9 -1.6 8.6 9.4 6.2 0 7.7 -1.0 8.9 -2.5 9.9 10.1 9.4 -3.9 8.4 ( 1) (’ ) ( ') ( 1) ( ') (’ ) C) 6.3 8.7 -.1 2.2 2.0 9.3 0 7.1 -2.4 10.3 -.6 13.0 2.9 9.8 -3.4 6.7 3.5 8.1 -4.3 4.4 -1.3 8.4 4.3 9.9 .6 8.1 0 7.4 1.6 8.7 -.3 7.1 2.6 8.6 -1.1 5.9 2.2 9.5 -1.0 7.2 1.5 9.4 -2.1 7.8 0.6 9.2 -3.1 8.5 (') (') 1Not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 101 LABOR-MANAGEMENT DATA M ajor collective bargaining data are obtained from contracts on file at the Bureau of Labor Statistics, direct contact with the parties, and from secondary sources. Addi tional detail is published in C u rre n t W age D evelo p m en ts, a monthly periodical of the Bureau. Data on work stoppages are based on confidential responses to questionnaires mailed by the Bureau of Labor Statistics to parties involved in work stoppages. Stoppages initially come to the attention of the Bureau from reports of Federal and State mediation agencies, newspapers, and union and industry publications. Definitions Data on wage changes apply to private nonfarm industry agree ments covering 1,000 workers or more. Data on wage and benefit changes c o m b in e d apply only to those agreements covering 5,000 workers or more. First-year wage settlements refer to pay changes go ing into effect within the first 12 months after the effective date of 35. the agreement. Changes over the life of the agreement refer to total agreed upon settlements (exclusive of potential cost-of-living escalator adjustments) expressed at an average annual rate. Wage-rate changes are expressed as a percent of straight-time hourly earnings, while wage and benefit changes are expressed as a percent of total compensation. Effective wage-rate adjustments going into effect in major bargaining units measure changes actually placed into effect during the reference period, whether the result of a newly negotiated increase, a deferred increase negotiated in an earlier year, or as a result of a costof-living escalator adjustment. Average adjustments are affected by workers receiving no adjustment, as well as by those receiving in creases or decreases. Work stoppages include all known strikes or lockouts involving six workers or more and lasting a full shift or longer. Data cover all workers idle one shift or more in establishments directly involved in a stoppage. They do not measure the indirect or secondary effect on other establishments whose employees are idle owing to material or service shortages. Wage and benefit settlements in major collective bargaining units, 1975 to date [Inpercent] Quarterly average Annual average Sector and measure 1979 1978 1975 1976 1978 1977 1979 p II III IV I II IV III Wage and benefit settlements, all industries: First-year settlements ................................. Annual rate over life of contract.................... 11.4 8.1 8.5 6.6 9.6 6.2 8.3 6.3 8.9 6.6 6.8 6.0 7.2 5.9 6.1 5.2 2.8 5.3 10.5 7.8 9.0 6.1 8.5 6.0 Wage rate settlements, all industries: First-year settlements ................................. Annual rate over life of contract .................... 10.2 7.8 8.4 6.4 7.8 5.8 7.6 6.4 7.4 6.0 6.9 6.2 7.5 6.4 7.4 5.9 5.7 6.6 8.9 7.2 6.8 5.1 6.3 5.3 Manufacturing: First-year settlements............................. Annual rate over life of contract .............. 9.8 8.0 8.9 6.0 8.4 5.5 8.3 6.6 7.0 5.4 7.1 5.8 8.4 7.2 9.5 7.4 8.7 7.7 9.7 8.1 6.3 4.7 5.6 4.2 Nonmanufacturing (excluding construction): First-year settlements............................. Annual rate over life of contract .............. 11.9 8.0 8.6 7.2 8.0 5.9 8.0 6.5 7.5 5.9 7.7 6.9 7.4 5.9 6.4 5.1 3.2 5.6 8.5 5.8 9.4 6.5 7.8 7.4 Construction: First-year settlements............................. Annual rate over life of contract .............. 8.0 7.5 6.1 6.2 6.3 6.3 6.5 6.2 8.9 8.4 6.4 6.0 7.0 7.2 8.4 7.1 9.7 8.2 8.7 8.3 9.7 8.5 7.5 7.6 36. Effective wage adjustments going into effect in major collective bargaining units, 1975 to date [Inpercent] Average quarterly changes Average annual changes Sector and measure 1975 1976 1977 1978 1979 1978 1977 1979 IV I II III IV 1 II III IV Total effective wage rate adjustment, all industries............. Change resulting from — Current settlement .......................................... Prior settlement ............................................. Escalator provision .......................................... 8.7 8.1 8.0 8.2 8.8 1.1 1.3 2.6 2.7 1.4 1.4 2.6 3.3 1.6 2.8 3.7 2.2 3.2 3.2 1.6 3.0 3.2 1.7 2.0 3.7 2.4 2.8 3.0 3.0 .5 .3 .3 .5 .6 .3 .6 1.4 .6 .5 1.2 1.0 .4 .5 .5 .2 .6 .6 1.1 1.0 .5 1.0 1.0 1.2 .5 .4 .7 Manufacturing...................................................... Nonmanufacturing ................................................. 8.5 8.9 8.5 7.7 8.4 7.6 8.6 7.9 9.2 8.5 1.4 .8 1.4 1.3 2.2 2.9 2.9 2.5 1.9 1.1 1.5 1.4 2.3 2.8 3.2 3.4 2.4 1.0 NOTE: Because of rounding and compounding, the sums of individual items may not equal totals. 102 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ☆ U .S . G O VERNM ENT PRINTING OFFICE: 1980 0 — 311-406^33 37. Work stoppages, 1947 to date Number of stoppages Month and year Beginning in In effect month or year during month Workers involved Days idle Beginning in In effect month or year during month (thousands) (thousands) Number (thousands) Percent of estim ated working tim e 1947 1948 1949 1950 .................. .................. .................. .................. 3,693 3,419 3,606 4,843 2,170 1,960 3,030 2,410 34,600 34,100 50,500 38,800 .30 .28 .44 .33 1951 1952 1953 1954 1955 .................. .................. .................. .................. .................. 4,737 5,117 5,091 3,468 4,320 2,220 3,540 2,400 1,530 2,650 22,900 59,100 28,300 22,600 28,200 .18 .48 .22 .18 .22 1956 1957 1958 1959 1960 .................. .................. .................. .................. .................. 3,825 3,673 3,694 3,708 3,333 1,900 1,390 2,060 1,880 1,320 33,100 16,500 23,900 69,000 19,100 .24 .12 .18 .50 .14 1961 1962 1963 1964 1965 .................. .................. .................. .................. .................. 3,367 3,614 3,362 3,655 3,963 1,450 1,230 941 1,640 1,550 16,300 18,600 16,100 22,900 23,300 .11 1966 1967 1968 1969 1970 .................... .................... .................... .................... .................... 4,405 4,595 5,045 5,700 5,716 1,960 2,870 2,649 2,481 3,305 25,400 42,100 49,018 42,869 66,414 .15 .25 .28 .24 .37 1971 1972 1973 1974 1975 .................... .................... .................... .................... .................... 5,138 5,010 5,353 6,074 5,031 3,280 1,714 2,251 2,778 1,746 47,589 27,066 27,948 47,991 31,237 .26 .15 .14 .24 .16 1976 .................... 1977 .................... 5,648 5,506 2,420 2,040 37,859 35,822 .19 .17 1978: 1979: 1980: .11 .13 .15 .15 September . 453 854 448 551 4,446 .25 October ... November . December . 370 268 157 721 569 408 117 64 53 216 136 143 2,352 1,691 1,377 .13 .09 08 January ... February . . March 262 299 391 68 75 112 1,925 1,670 1,871 .10 .10 .10 April......... May......... June ....... 512 556 536 426 132 137 5,126 3,682 2,989 .27 .19 .16 July......... August September . 471 463 464 168 119 135 3,001 3,152 2,319 .16 .15 .13 October ... November . December . 443 257 134 230 91 42 2,968 2,720 1,976 .15 .15 .11 January13 .. February p . March p . . . 352 354 396 3,142 3,025 2,705 .16 .17 .14 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 441 590 631 207 114 123 292 332 310 103 How to order BLS publications PERIODICALS Order from (and make checks payable to) Su perintendent of Documents, Washington, D.C. 20402. For foreign subscriptions, add 25 percent. Monthly Labor Review. The oldest and most authoritative government research journal in economics and the social sciences. 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This edition contains measures for three industries previously not covered, as well as compo nents of previously published measures in 10 industries. $5.50. Profiles of Occupational Pay: A Chartbook. Bulletin 2037. A graphic il lustration of some of the factors that affect workers’ earnings. This threepart presentation looks at wage variations among and within occupations and portrays characteristics of high- and low-paying urban areas and manufacturing industries. $3.50. REPORTS AND PAMPHLETS Single copies available free from the BLS regional offices or from the Bureau of Labor Statistics, U.S. Department of Labor, Washington, D.C. 20212. How the Government Measures Unemployment. Report 505. A concise report providing a background for appraising developments in the area of unemployment. Directory of BLS Studies in Industrial Relations 1960-78. Report 550. A listing of studies prepared by the Division of Industrial Relations as part of the Bureau’s regular program of data collection and analysis in the field of industrial relations. The Bureau of Labor Statistics issues its 1979 edition of productivity indexes for selected industries. Data on output per employee-hour, output, employeehours, and employment are presented for the following industries: • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Iron mining Copper mining Coal mining Nonmetallic minerals Fluid milk Preserved fruits and vegetables Grain mill products Bakery products Sugar Candy and confectionery Malt beverages Bottled and canned soft drinks Tobacco products Hoisery Sawmills and planing mills Veneer and plywood Household furniture Paper, paperboard and pulp mills Folding paperboard boxes Corrugated and solid fiber boxes Synthetic fibers Pharmaceuticals Soaps and detergents Paints Petroleum refining Tires and inner tubes Footwear Glass containers Hydraulic cement Structural clay products • • • • • • Concrete products Ready-mixed concrete Steel Gray iron foundries Steel foundries Primary smelting and refining of copper, lead, and zinc • Primary aluminum • Copper rolling and drawing • Aluminum rolling and drawing • Metal cans • Motors and generators • Major household appliances • Electric lamps • Lighting fixtures • Radio and TV receiving sets • Motor vehicles and equipment • Railroad transportation • Intercity trucking • Air transportation • Petroleum pipelines • Telephone communications • Gas and electric utilities • Retail food stores • Franchised new car dealers • Gasoline service stations • Eating and drinking places • Hotels and motels • Laundry and cleaning services U.S. Department of Labor Fill out and mail this coupon to BLS Regional Office nearest you or Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402. Make checks payable to Superintendent of Documents. Publications may be charged to Master Charge or Visa if ordered from Superintendent of Documents. Include card number and expiration date. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Please s e n d -------------------copies of Productivity Indexes for Selected Industries, 1979 Edition, Bulletin 2054, Stock no. 029-001-02429-1, price $4.50. (A discount of 25 percent is given on orders of 100 copies or more that are sent to one address.) □ Remittance is enclosed □ Charge to GPO deposit account n o . _________ Name _______________________ __________________________________ _ Organization (if appropriate) ___________________________________________ Address ___________________________ ____________________ City, State, and Zip C o d e ______________________________________________ U.S. Department of Labor Bureau of Labor Statistics Washington D.C. 20212 Postage and Fees Paid U.S. Department of Labor Lab-441 Official Business SECOND CLASS MAIL Penalty for private use, $300 RETURN POSTAGE GUARANTEED https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis U.S.MAIL