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T ■ . U.S. Department of Labor Bureau of Labor Statistics November 1984 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis in this issue: Inflation and the business cycle Unemployment of men and women A century of wage statistics U.S. DEPARTMENT OF LABOR Raymond J. Donovan, Secretary BUREAU OF LABOR STATISTICS Janet L. Norwood, C om m issioner 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— $24 domestic; $30 foreign. Single copy $4, domestic; $5 foreign. Subscription prices and distribution policies for the Monthly Labor Review (ISSN 0098-1818) and other Government publications are set by the Government Printing Office, an agency of the U.S. Congress. 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Dearborn Street, Chicago, III. 60604 Phone: (312) 353-1880 Illinois Indiana Michigan Minnesota Ohio Wisconsin Region VI— Dallas: B ryan R ich e y Second Floor, 555 Griffin Square Building, Dallas, Tex. 75202 Arkansas Louisiana New Mexico Oklahoma Texas N ovem b er cover: Details (front and back covers) from the oil on canvas study for the mural, "Autumn in Iowa,” by John Sharp, photograph courtesy of the National Museum of American Art. Cover design by Melvin B. Moxley. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Regions VII and VIII— Kansas City: E lliott A. B ro w a r 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 Regions IX and X— San Francisco: Sam M. H irab a ya sh i 450 Golden Gate Avenue, Box 36017, San Francisco, Calif. 94102 Phone: (415) 556-4678 IX American Samoa Arizona California Guam Hawaii Nevada Trust Territory of the Pacific Islands X Alaska Idaho Oregon Washington MONTHLY LABOR REVIEW N O VE M B ER 1984 V O LU M E 107, N UM BER 11 Henry Lowenstern, Editor-in-Chief Robert W. Fisher, Executive Editor John F. Early and others 3 Inflation and the business cycle during the postwar period At this stage of the economic expansion, the moderate rise in consumer prices is consistent with the record for similar cyclical periods since World War II L. DeBoer and M. Seeborg 8 The female-male unemployment differential In 1982, jobless rate of men exceeded that of women for the first time since 1947; trends suggest that the female unemployment rate may be lower in the future H. M. Douty 16 A century of wage statistics: the BLS contribution In its first century, the Bureau has developed a consistent body of information on wages, as well as progressively more sophisticated techniques to analyze it Edgar Weinberg 29 BLS and the economy: a centennial timetable REPORTS Thomas E. Weisskopf Paul 0. Flaim Denton Marks Floyd A. Rabil Steve Charnovitz https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 38 43 45 52 54 Use of hourly earnings proposed to revive spendable earnings series Proposed spendable earnings series retains basic faults of earlier one Incomplete experience rating in State unemployment insurance. Average retail food prices: a brief history of methods Caribbean Basin Initiative: setting labor standards DEPARTMENTS 2 38 45 52 54 57 59 61 65 Labor month in review Communications Research summaries Technical notes Foreign labor developments Major agreements expiring next month Developments in industrial relations Book reviews Current labor statistics f JOB SAFETY. The Bureau of Labor Statistics reported results of its annual survey of job-related injuries and ill nesses. The data, collected during 1984, indicate that occupational injuries and illnesses declined slightly from 1982 to 1983. The survey shows that 7.6 injuries and illnesses occurred per 100 full-time workers in 1983, compared with 7.7 in 1982. In addition, the latest survey shows that corresponding incidence rates for injuries and illnesses that resulted in lost workdays also were nearly the same in 1983 (3.4) as in 1982 (3.5). Lost workdays averaged 58.5 per 100 full time workers in 1983, essentially un changed from the previous year. Fatalities. In workplaces with 11 employees or more, 3,100 job-related deaths were recorded. Most of these fatalities occurred in construction, manufacturing, and transportation and public utilities. As in 1982, over-theroad motor vehicle accidents accounted for about 30 percent of occupational deaths. Over the past decade, the Bureau’s surveys of injuries and illnesses show that after a decline from 11.0 in 1973 to 9.1 in 1975, the incidence rate rose to 9.5 in 1979. Since then, the rate has declined from 9.5 to 7.6 in 1983. Occupational injuries. Job-related in juries occurred at a rate of 7.5 per 100 full-time workers in 1983. Incidence rates ranged from 14.7 in construction to 1.9 in finance, insurance, and real estate and varied considerably within these industry divisions. Goods-producing industries (in cluding agriculture, forestry, and fishing; mining; construction; and manufacturing), as a whole, with about 35 percent of the private sector work force, had a combined 1983 injury in cidence rate of 10.4 per 100 full-time 2 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis workers, compared with 7.5 for the total private sector. About three-fifths of the industries in this sector had rates which ranged between 5.0 and 9.9. The lowest rate in the goods sector was 3.9 in nonmetallic mineral mining and the highest, 18.1 in lumber and wood pro ducts manufacturing. Service-producing industries (in cluding transportation and public utilities; trade; finance, insurance, and real estate; and services), with about 65 percent of the private sector work force, had a combined incidence rate of 5.8 per 100 full-time workers, with about 40 per cent of the industries grouped between 5.0 and 9.9. The industry incidence rates varied from 0.4 for legal services to 13.3 in trucking and transportation. Injury rates tend to be lowest in the very largest establishments (2,500 workers or more) and in establishments with less than 20 workers. Injury in cidence rates were essentially unchanged from 1982 to 1983 in private sector establishments of all sizes except those with 250 to 499 or 2,500 or more, in both of which the rates dropped. There were 5.3 injuries per 100 full-time workers in the very largest establishments. The rate in establishments with fewer than 20 workers was 3.4. The incidence rate re mained highest in the 100-to-249 size class (10.6). In this category, mining had the largest decline, while agriculture, forestry, and fishing had the largest in crease. Occupational illnesses. An occupational illness is any abnormal condition or disorder, other than one resulting from an occupational injury, caused by ex posure to environmental factors associated with employment. The in cidence of occupational illnesses measured by the survey refers to the number of new illness cases occurring during the year and does not measure continuing conditions reported in previous surveys. Thus, illnesses are recorded only for the year in which they are recognized as work-related. About 106,000 occupational illnesses were recorded in 1983. The number of skin diseases and disorders associated with repeated trauma (noise-induced hearing loss and other conditions due to repeated motion, pressure, or vibration) together accounted for 3 of 5 illnesses. From both statistical and procedural points of view, occupational illness estimates produced by the survey pro vide a valid measure of recognized acute cases. However, the current statistics do not adequately reflect the portion of oc cupational illnesses, such as cancers, which are chronic and long-latent in nature, because of problems of detection and occupational relationship. Background of survey. The Annual Survey of Occupational Injuries and Ill nesses is a cooperative program in which State agencies participate with the Bureau of Labor Statistics. The data are based on the records which employers maintain under the Occupational Safety and Health Act of 1970. Response to the survey is mandatory. The sample for the Annual Survey of Occupational Injuries and Illnesses ex cludes the self-employed; farmers with fewer than 11 employees; private households; railroad, coal, metal and nonmetal mining employers; Federal, State, and local government agencies; and, for 1983, employers with fewer than 11 employees in low-risk industries. Approximately 280,000 private sector employers were surveyed. To augment private sector estimates of occupational injuries and illnesses, the Mine Safety and Health Administration, U.S. Department of Labor, and the Federal Railroad Administration, U.S. Depart ment of Transportation, provide BLS data for those industries covered by separate, legislation. □ Inflation and the business cycle during the postwar period At this stage o f the economic expansion, the moderate rise in consumer prices is consistent with the record fo r similar cyclical periods since the end o f World War II Jo h n F . E a r l y , M and T homas J. M ary L ynn Sc h m id t , o s im a n n Inflation in both retail and primary markets has remained relatively low despite the rapid growth in economic output since the trough of the last recession in November 1982. In the ensuing 22 months of the current expansion, consumer prices have advanced at a 3.6-percent seasonally adjusted annual rate, with the 3 months ended in September increas: ing at a seasonally adjusted annual rate of 4.5 percent. In this article, we describe the behavior of prices in the current and previous business expansions and examine some of the major factors associated with those changes. It is our objective to provide historical context and perspective within which the reader may evaluate current price behavior and forecasts. In the post-World War II period, the U.S. economy has undergone eight recessions in business activity.1While these periods have evolved from different initial conditions, ex tended over varying periods of duration, and been subject to different external shocks and economic policies, they have been characterized by similarities in the qualitative behavior of prices. Table 1 summarizes the behavior of several measures of consumer price change for the recession peaks and troughs, and at selected dates of the subsequent business expansion. Tables 2 and 3 present selected changes in producer prices and labor costs for the same times.2 The John F. Early is the Assistant Commissioner for the Division of Consumer Prices and Price Indexes, Bureau of Labor Statistics. Mary Lynn Schmidt and Thomas J. Mosimann are economists in the same Division. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis first seven columns of the tables provide the data for each of the first seven recessions and expansions in the postwar era. The eighth column of data is the average of all seven recessions and expansions prior to the most recent. The ninth column is the average of the first six periods, because the expansion after the 1980 recession was only 12 months long. Consequently, the “ expansion” measures for that period extend into the subsequent recession. The 1981-82 recession. At the trough of the 1981-82 recession, the Consumer Price Index for All Urban Con sumers ( c p i - u ) was increasing at a seasonally adjusted an nual rate of 1.7 percent. (See table 1.) The deceleration in prices had begun, in the fourth quarter of 1981, shortly after the business cycle peak in July. This price slowdown, of course, was not uniform, either among types of items or stages of processing. Analysis of the recovery period since November 1982 is complicated by the fact that the homeowner cost portion of the c p i - u was changed to a rental equivalence basis in January 1983. To facilitate compari sons, we include in table 1 parenthetical data for the 1981— 82 recession based on the rental equivalence prototype. That index ( c p i - u , x i ) essentially shows much less deceleration during the recession but a further drop in inflation since then. After 22 months of economic expansion, price changes are still moderate. This is consistent with postwar experi ence. 3 MONTHLY LABOR REVIEW November 1984 • Inflation and the Business Cycle T ab le 1. T he C onsum er Price Index ( c p i - u ) and key categories, by selected phases of th e postw ar business cycle [3-month seasonally adjusted annual rates] Dates of recession trough Index and cyclical stage Oct. 1949 May 1954 Apr. 1958 Feb. 1961 Nov. 1970 Mar. 1975 July 1980 Cyclical average, Nov. 1948 to July 1980 Cyclical Recession average, trough, Nov. 1948 Nov. 1982 to Mar. 1975 All Items: At prerecession business peak........................... At recession trough .......................................... 22 months after trough...................................... 24 months after trough...................................... 30 months after trough..................................... -4.3 -.6 -2.0 3.9 .2 1.5 -.8 .4 2.6 3.0 4.1 4.3 .8 2.3 2.7 2.3 .8 -.5 1.2 3.1 6.3 5.9 4.2 4.5 8.7 8.2 6.6 6.1 8.5 5.4 15.8 8.3 4.7 10.7 .0 4.8 3.5 2.0 4.8 3.3 3.0 2.7 1.5 3.8 3.9 -12.7 .0 -6.1 6.5 -2.3 1.0 -1.4 -1.0 5.6 3.9 10.4 11.4 -1.4 6.1 5.6 6.1 .4 -2.6 2.2 3.6 9.7 2.5 67 8.3 24.2 6.9 1.9 20 11.8 4.0 9.2 9.2 27 6.1 1.8 4.4 3.4 o 6.7 5.8 3.6 2.5 - .4 6.8 6.5 4.5 1.5 3.4 1.6 3.1 -.5 .0 1.0 1.5 3.4 2.3 1.8 3.2 1.8 .9 -.4 .4 .9 7.5 7.2 4.5 2.1 4.1 13.4 8.9 4.7 8.6 9.8 21.2 10.4 9.2 14.5 -5.0 7.8 5.7 3.3 4.6 2.3 5.2 4.7 2.1 2.6 3.8 20.8 -4.0 7.0 -3.9 -4.8 .9 1.3 .0 1.3 -.4 .8 .4 .4 1.5 10.1 9.9 8.6 9.1 31.4 10.8 18.5 7.6 8.2 33.8 6.3 -8.7 23.6 -6.6 12.8 4.4 4.3 8.3 2.2 7.6 3.9 7.5 4.5 4.4 -1.2 11.2 1.7 4.8 6.7 2.3 3.6 4.2 4.1 7.1 6.5 6.2 4.6 10.2 7.4 6.3 7.3 4.9 6.4 7.1 5.0 5.7 4.6 4.5 6.9 4.4 4.9 4.4 11.0 4.9 4.8 11.7 (7.8) 1.7 (6.2) 4.5 (4.5) Food: At prerecession business peak . , ....................... At recession trough.......................................... 22 months after trough..................................... 24 months after trough..................................... 30 months after trough . . . . . ' ........................... Shelter: At prerecession business peak........................... At recession trough .......................................... 22 months after trough..................................... 24 months after trough...................................... 30 months after trough..................................... Energy: At prerecession business peak........................... At recession trough .......................................... 22 months after trough..................................... 24 months after trough..................................... 30 months after trough..................................... All items less food, shelter and energy: At prerecession business peak........................... At recession trough .......................................... 22 months after trough..................................... 24 months after trough..................................... 30 months after trough..................................... Commodities: At prerecession business peak........................... At recession trough .......................................... 22 months after trough..................................... 24 months after trough..................................... 30 months after trough..................................... 3.3 3.3 4.6 4.1 -.9 1.8 2.2 1.8 .4 -1.3 .4 3.0 6.4 5.0 4.7 5.0 11.7 6.8 5.9 4.9 8.3 3.7 14.2 7.0 2.2 11.3 1.2 6.8 4.5 1.9 5.0 4.2 4.9 3.9 1.9 3.8 4.8 6.2 3.0 2.3 2.8 3.9 4.3 4.2 4.0 4.0 2.4 4.0 1.9 1.4 2.3 2.3 6.4 7.4 3.0 3.3 4.2 11.4 7.7 8.3 8.6 8.3 17.9 10.3 8.1 9.8 -1.6 8.8 6.3 5.0 5.1 3.3 6.5 5.3 4.2 4.2 4.2 18.1 .1 7.0 Services: At prerecession business peak........................... At recession trough.......................................... 22 months after trough..................................... 24 months after trough..................................... 30 months after trough..................................... ’ Numbers in parentheses are for the then experimental index with a rental equivalence measure for homeownership. Consumer prices. Examining four major categories of the CPI, we see that food prices moderated before prices of shelter, energy, and a residual factor— all items less food, shelter and energy. After “ double digit” increases in the last 2 quarters of 1980, food prices decelerated in the first quarter of 1981 and were increasing at only a 4.5-percent rate at the peak of the business cycle in July 1981. At the cyclical trough (November 1982), they were advancing at a 1.5-percent rate. Despite the impact of the Federal payment-in-kind ( p i k ) farm program, the 1983 summer drought and the early winter freeze in 1984, food prices have con tinued to register generally moderate increases. Energy prices began to slow down after March 1981. Prices for petroleum-based items had risen sharply in the first quarter of 1981 due to announced price increases by the Organization of Petroleum Exporting Countries ( o p e c ) and domestic price decontrol. These increases, combined 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis with a slowdown in economic activity, led to a reduction in the demand for oil and an oversupply of petroleum and generally lower prices for petroleum products. However, prices for both natural gas and electricity were advancing at “ double-digit” rates just prior to the recession. Charges for electricity began to slow in the second quarter of 1982, but natural gas prices continued to increase sharply through the first quarter of 1983. By the trough of the recession, however, the overall energy component had moderated.3 So far in 1984, energy prices have continued to exert a mod erating effect on the overall c p i . Shelter costs in the period prior to the recession trough were dominated by the behavior of house prices and mort gage interest rates. The increase in house prices had slowed early in 1981 and shelter costs were advancing only slightly at the business cycle peak. Interest rates, however, had continued to advance until 1982. A very sharp drop in mort- T ab le 2. K ey cate g o rie s of th e P roducer P rice Index by selected phases of th e postw ar business c y c le 1 Dates of recession trough Index and cyclical stage Oct. 1949 May 1954 Apr. 1958 Feb. 1961 Nov. 1970 Mar. 1975 July 1980 -1.1 -12.8 6.5 6.2 -10.4 -6.6 0.9 -2.8 2.0 5.5 3.3 3.3 -3.3 -3.3 -1.2 -3.3 0.3 0.4 -1.9 -1.5 8.5 -0.6 14.3 13.9 33.6 40.1 -9.1 1.7 8.6 0.0 13.2 9.4 -1.8 -4.1 -1.4 7.7 1.2 2.1 3.1 3.5 6.8 -3.0 2.8 4.3 4.3 10.8 -0.2 -0.5 -1.5 -4.2 -10.3 -7.1 -3.7 7.2 0.9 5.4 7.3 4.0 3.0 -1.3 .0 .0 -.8 .0 .0 -.8 -.4 .4 5.8 3.7 4.5 9.1 19.8 3.0 -2.4 7.0 7.2 4.8 18.3 9.8 -2.5 2.0 -0.6 5.1 0.9 0.5 2.6 3.4 2.9 - .6 1.0 2.7 4.1 4.3 1.2 -1.9 -5.3 -3.6 -4.1 .9 .5 2.9 2.8 2.3 6.2 8.0 3.6 1.3 1.7 3.9 2.1 3.9 -.4 -3.3 -2.1 .0 6.5 5.9 5.2 3.1 15.2 2.1 1.5 7.4 9.0 5.9 16.0 12.1 .0 5.4 .3 4.2 2.8 1.3 3.8 4.6 2.3 1.3 1.5 3.5 5.3 4.1 3.7 .0 Crude materials: At prerecession business peak ............................. At recession trough.............................................. 22 months after trough.......................................... 24 months after trough.......................................... 30 months after trough.......................................... Intermediate materials: At prerecession business peak ............................. At recession trough.............................................. 22 months after trough.......................................... 24 months after trough.......................................... 30 months after trough.......................................... Finished goods: At prerecession business peak ............................. At recession trough.............................................. 22 months after trough.......................................... 24 months after trough.......................................... 30 months after trough.......................................... Cyclical ~ Recession Cyclical averages, trough, averages, Nov. Nov. 1948 Nov. 1948 1982 to July 1980 to Mar. 1975 1Crude materials series shows the 12-month change; intermediate materials and finished goods series are 3-months seasonally adjusted annual rates. gage interest in the fourth quarter of 1982 produced declin ing shelter costs at the end of the recession. As indicated earlier, a major conceptual change in the treatment of homeowner costs, and consequently, shelter costs, was intro duced in January 1983.4 The new rental equivalence measure of homeowner costs shows less volatility than the former asset approach. Comparing the present official measure in September 1984 with the former official measure overstates the acceleration since the recession trough. A shelter com ponent with a rental equivalence measure was not available, but homeowner costs (the only component within shelter affected by the conceptual change) in the experimental c p i u, xi were increasing at a 7.6-percent rate in November 1982, compared with 7.3 percent in September 1984. The residual group— all items excluding food, shelter, and energy, referred to by some analysts as the underlying rate of inflation— exhibits more classical price behavior than the other groups. The maximum rate occurred at the peak of the business cycle and the rate of increase decelerated smoothly until turning slightly upward shortly after the trough of the recession. As of September 1984, however, the rate was still below that of the trough of the recession. Producer prices. The Producer Price Index ( p p i ) is struc tured by stages of processing: crude materials, intermediate materials, and finished goods. In July 1981, at the peak of the business cycle, prices for crude materials were still rising at double-digit levels, while those for intermediate materials and finished goods had just decelerated from these levels. Sixteen months later, at the trough of the cycle, prices for T ab le 3. The w age and salary com ponent of the E m ploym ent Cost Index and unit labor costs, by selected phases of the postw ar business cycle [Quarterly change at an annual rate] Dates of recession trough Index and cyclical stage Oct. 1949 May 1954 Apr. 1958 Feb. 1961 Nov. 1970 Mar. 1975 July 1980 7.8 7.8 7.5 9.7 8.8 7.5 4.6 4.9 10.0 11.1 7.7 7.7 5.0 9.6 14.9 8.1 9.4 1.6 Cyclical Cyclical averages, averages, Nov. 1948 Nov. 1948 to July 1980 to Mar. 1975 Recession trough, Nov. 1982 Employment Cost Index Wages and salaries: At prerecession business peak............................... At recession trough.............................................. 22 months after trough......................................... 24 months after trough......................................... 30 months after trough......................................... 8.2 7.3 3.5 Unit labor costs Private business sector, all persons: At prerecession business peak............................... At recession trough.............................................. 22 months after trough......................................... 24 months after trough......................................... 30 months after trough......................................... N ote: 16.2 -3.0 9.9 -3.7 3.8 .0 5.4 5.4 10.0 3.4 3.3 3.2 3.2 .0 .8 .0 3.9 -3.0 .8 -3.7 8.5 2.4 .6 2.8 4.5 6.8 5.4 4.6 3.9 2.2 6.3 3.8 4.0 2.9 2.3 7.1 5.0 -2.0 Data refer to quarter preceding that of the recession period. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5 MONTHLY LABOR REVIEW November 1984 • Inflation and the Business Cycle crude materials were declining while prices for in termediate materials and for finished goods were advanc ing at less than the prerecession rate. Twenty-two months into the expansion, crude material and intermediate m aterial prices are now declining slightly (down 0.5 per cent and 1.9 percent, respectively) and finished goods prices are stable. Preceding recessions 1948-49 recession. The first post-World War II recession followed a period of rapid expansion and inflation. In No vember 1947, the c p i was increasing at a 12.4-percent an nual rate, but 12 months later, in November 1948, the prerecession peak, the c p i was declining at a 4.3-percent annual rate. But the abatement of the boom did not bring with it an accelerating decline in prices. At the trough, prices were declining, but at a slower rate than 11 months earlier. The recovery from this mild recession was dominated by military developments. After the outbreak of the Korean conflict in June 1950 and a return to a defense economy, output rose sharply and inflationary pressures were evident. Consumer price increases lagged behind raw material prices, but by late 1950 they too were increasing at double-digit rates. In January 1951, price and wage controls were im posed. The c p i included many items for which controls were lacking, or were only partial, and while prices moderated, all major components continued to advance. The largest increases were in the service sector, reflecting increased charges for rents and medical and transportation services. 1953-54 recession. The contraction after July 1953 was largely in the nature of an inventory adjustment. Producer prices peaked with the sharp increase in crude material prices triggered by the Korean conflict and had either declined or remained unchanged until 1955. Consumer price advances had also been moderate, even after price and wage controls had been lifted. At the prerecession peak in July 1953, the c p i was advancing at an annual rate of only 1.5 percent. Ten months later, at the trough of the recession, consumer prices were declining slightly, largely because of a drop in food prices. Increases in prices for nonfood commodities, reflecting the adjustment to decontrol, advanced more than those for services at both peak and trough periods. Twentytwo months into the recovery, prices were rising slightly. However, by April 1956, after 23 months of recovery and almost a year after the first sharp increase in producer prices, the c p i accelerated. Advances in food prices, resulting from a decline in meat supplies, and in prices for services were primarily responsible. 1957^-58 recession. A 4-percent rate of increase in the c p i was recorded for both the prerecession peak and trough periods of the third postwar recession. Double-digit in creases in food prices, due to supply shortages resulting from lower marketings of livestock and unfavorable weather 6 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis conditions, were the principal reasons for the relatively large advances for these periods and the lack of a slowdown in the overall c p i during the recession. At a point 22 months past the trough, however, consumer prices were increasing only slightly, as food prices finally began to slow substan tially. Prices in the service sector were increasing at a sig nificantly faster rate than those for commodities which were, on average, unchanged. Despite an advance in food prices, this was still the situation in April 1960, 24 months after the trough of the 1957-58 recession as well as the 1960— 61 prerecession peak. Producer prices remained relatively stable from early 1958 through the business cycle peak of the following recession. Thirty-four months after the 1957— 58 recession trough, we were at the trough of the 1960-61 recession. 1960-61 recession. At the cyclical peak before the 196061 recession, the all-items c p i was increasing at an annual rate of 2.3 percent. Food prices were rising at an annual rate of 6.1 percent. Prices for commodities other than food were declining, while service prices were rising at a 4percent rate. By the trough of the recession (February 1961), consumer prices were increasing at an annual rate of less than 1 percent. All major components of the c p i had slowed substantially by the end of the recession. The ensuing re covery from this recession, the longest to date of the postwar period, was marked by generally stable prices through 1965, with only minor aberrations. Sharp increases in beef and gasoline prices in September 1962 were largely responsible for the seemingly high rate 22 months after the trough. These increases were temporary, as both beef and gasoline prices declined in the succeeding 12 months to a level lower than that before the advance. Other than food, prices for com modities rose less than 1 percent annually from 1960 through 1965, while the service index was registering increases in the 2-percent range. Prices at the producer level were uni formly well-behaved until early 1965. 1969-70 recession. Consumer prices rose 6.1 percent in 1969, the largest annual increase since 1947. The recession which began late in 1969 caused the rate of inflation to subside only partially. Nonfood commodities, which in the past typically responded to a weakening of demand, con tinued to advance without abatement. The services index also rose steadily until credit markets eased and mortgage interest rates declined in early 1971. Sharply reduced rates of increase in food prices were responsible for the modest deceleration between peak and trough. Nine months after the trough, on August 15, a wage and price freeze was announced. The Phase I freeze and subsequent Phase II controls were accompanied by lower inflation during the rest of 1971 and 1972. Twenty-two months after the reces sion trough, prices had slowed to a 4.2-percent annual rate of increase. Coincident with the subsequent easing of con trols and the Arab oil embargo, consumer prices started on an upward spiral in late 1973, less than 3 years from the bottom of the recession. 1973-75 recession. The business cycle peak of November 1973 followed on the heels of the relaxation of price controls and the oil embargo. Consumer prices had advanced sharply and were accelerating. From December 1973 through Jan uary 1975, double-digit increases were recorded by the c p i . By the recession’s end in March 1975, the overall c p i was rising at an annual rate of 6.6 percent. Although high by historical standards, this was still below the prerecession peak of 8.2 percent, not to mention the intervening double digit rates. During the recession, food, shelter, and energy price increases all slowed. Prices for all other items, on average, however, actually accelerated, reflecting in part the time lag associated with producers passing on their higher energy costs. Twenty-two months into the economic recov ery, prices were, on average, still moderating, but a few months later a rapid rise in food prices and higher shelter costs temporarily reversed the gains. The jump in food prices reflected adverse winter weather and its effect on fruit and vegetable supplies, as well as the delayed impact of the July 1975 freeze on the Brazilian coffee crop. 1980 recession. The 1980 recession coincided with un precedented peacetime inflation. At the prerecession peak (January 1980), consumer prices were surging at a 15.8percent annual rate. While sharp increases were recorded for energy, shelter, and food costs, the “ underlying rate of inflation” was also advancing at double-digit rates. Six months later, at the bottom of the recession, prices were increasing at an 8.3-percent rate. This slowdown was only temporary, as consumer prices continued to move up sharply until Oc tober 1981, shortly after the start of the next recession. The current outlook The first six expansionary periods since World War II have, on average, shown a slowing of consumer price in creases during the first 22 months of recovery. By the 24th month of recovery, prices have on average begun to rise faster, returning to the rate of price change of the previous cyclical peak. While the average experience is for price acceleration to set in after 2 years of recovery, there is no inevitability about the process. Note, for example, the ex pansions beginning in 1958 and 1961. One reason for this dispersion in the historical record, of course, is that the behavior of prices is not autonomous. Business conditions play a major role in determining the path prices take. Those factors which affect the costs of production— such as material and labor costs— and demand also shape the future pattern of price change. While crude materials prices are currently down (0.5 percent) and prices for intermediate materials are also down (1.9 percent), prices for finished goods are unchanged. Current measures of labor costs indicate a lack of im mediate pressure on prices. The wage and salary compo nent of the Employment Cost Index, peaking in 1980, dece lerated steadily through the second quarter of 1984. Al though the history of this series is short, its 3.5-percent rate of increase is well below the experience of the last two recoveries. Another variable, unit labor cost, which relates changes in labor costs to changes in output, declined in the second quarter of 1984. This variable had registered in creases of 7 and 5 percent at the 1981-82 recession peak and trough periods. The deceleration between the recession trough and 22 months into the recovery is typical, but the magnitude— an actual decline in unit labor costs— occurred only in the recovery from the 1960-61 recession. Recent major collective bargaining agreements and the pressure of foreign competition, derived in part from the rising value of the dollar on foreign exchange markets, would appear to preclude a sharp reversal in these trends. However, in several recessions the runup in prices has not been a continuous process, but rather a sharp jump in response to rapid contextual changes. In two instances, mil itary conflicts coincided with the acceleration and in two others, the vulnerability to a reduction in the supply of petroleum triggered an inflationary spiral. Such events are, of course, difficult to foresee. □ ■FOOTNOTES 'A s designated by the National Bureau of Economic Research, Inc., the turning points for the eight postwar recessions are: Recession 1948-49 1953-54 1957-58 1960-61 Peak (beginning o f recession) November 1948 July 1953 August 1957 April 1960 Trough (end of recession) October 1949 May 1954 April 1958 February 1961 1969-70 1973-75 1980 1981-82 December 1969 November 1973 January 1980 July 1981 November 1970 March 1975 July 1980 November 1982 2Unless otherwise specified, all annual rates are based on 3-month price https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis changes. The p p i for crude materials is highly volatile so annual rates for it are based on full 12-month changes. The unit labor cost and Employment Cost Index series are quarterly rates. Comparisons of turning points be tween series with different spans for calculating rates must be adjusted for the midpoints of the different spans. The analysis in this article, however, focuses on the comparison of each series to itself in different time periods and so, generally, avoids this problem. 3The 3-month seasonally adjusted annual rate for November 1982— up 11.2 percent— is misleading. The change for the 12 months ended in November was 2.1 percent and for the 12 months ended in November 1983, - 0 . 6 percent. 4 “ Changing the Homeownership Component of the Consumer Price Index to Rental Equivalence,” The CPI Detailed Report, January 1983, pp. 7 -1 1 . 7 The female-male unemployment differential: effects of changes in industry employment In 1982, the civilian jobless rate o f men exceeded that o f women fo r the first time since 1947, and industry employment trends suggest that the fem ale unemployment rate may be lower in the future L a r r y D e B oer and M ic h a e l Se e b o r g Over time, a significant change in the relationship between male and female unemployment rates has occurred. Between 1970 and 1981, the female unemployment rate averaged 1.5 percentage points higher than the male rate. However, in 1982, the male unemployment rate (9.9 percent) exceeded the female rate (9.4 percent) for the first time since such data were recorded beginning in 1947. This reversal in un employment rates is the apparent culmination of a narrowing of the differential that began in 1978.1 (See chart 1.) Although male unemployment rates generally increase more than female rates during recessions (see the shaded areas in chart 1), the relative worsening experienced by men during the 1981-82 recession was greater than in previous downturns.2 (And, as noted, the female-male unemploy ment rate differential began to narrow prior to the recession, which is inconsistent with historical patterns.) Are we wit nessing a long-term improvement in the unemployment sit uation of women relative to men? To what extent are the observed changes due to trends in interindustry growth rates in employment which may favor one sex over the other? This article addresses these questions using a modified ver sion of shift-share analysis (see appendix A) to estimate the effect that change in employment patterns among industries has had on the female-male unemployment rate differential since 1964, and to project likely future effects through 1995? Shift-share analysis is commonly used to disagregate re gional employment change in an industry in order to identify the components of that change. The application of shiftshare analysis in this article, however, is to disaggregate annual changes in the male-female unemployment differ ential into three components. Many researchers have observed the procyclical nature of the female-male unemployment rate differential. Because men tend to be concentrated in those industries which are most sensitive to the business cycle (particularly manufac turing, construction, and mining), it is not surprising that male unemployment rates rise relative to female rates during recessions and fall during recoveries.4 But industries also change their employment requirements in response to forces other than the business cycle. For example, in recent years, automobile and steel manufacturing employment has ex perienced a secular decline because of increased foreign competition and laborsaving technological changes. Such longer term trends have an impact on unemployment dif ferentials between men and women. The effect that the growth (or decline) of a given industry has on the female-male unemployment rate differential de pends on several factors, including: Larry DeBoer is currently an assistant professor of agriculture economics at Purdue University. When this article was being researched, he was an assistant professor in the Department of Economics at Ball State University, where Michael Seeborg is an associate professor. • The rate of growth (or decline) of the industry; • the percentage of total employment in the industry which is female (or male); 8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Chart 1. Unemployment rates for men and women, 1964-82 Percent Percent 10 9 8 7 6 5 4 3 2 1 • the interindustry mobility of men and women in response to changes in employment opportunities in the industry; and • the labor force mobility of men and women in response to changes in employment opportunities in the industry. Information on the first two factors is presented in table 1. It shows the average annual rate of growth of employment in nine broadly defined industries during 1964-82. Clearly, employment grew most rapidly in those industries which employ the highest proportions of women, particularly ser vices, and finance, insurance, and real estate. This trend in industry growth rates has contributed to the narrowing of the female-male unemployment rate differential. However, it is important to note that the mobility of men and women between industries and into and out of the labor force must be “ less than perfect” for changes in the industrial com position of employment to have an effect on the unemploy ment differential. Otherwise, an increase in unemployment https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis in an industry would quickly be offset by the movement of unemployed workers to other industries (interindustry mo bility) or by an exit of unemployed workers from the labor force (labor force mobility). Industry growth differentials would then have no direct effect on male and female un employment rates. With perfect mobility, men who lose their manufacturing jobs would quickly join the growing service industries or drop out of the labor force. Research has shown, however, that unemployed men and women do not exhibit perfect interindustry and labor force mobility.5 In sum, it appears that the four factors previously cited would tend to decrease the female-male unemployment rate differential. First, female-dominated service-producing em ployment is growing faster than male-dominated goodsproducing employment. Second, because interindustry and labor force mobility is less than perfect, variations in em ployment demand will influence unemployment rates. The trend towards slower goods-producing growth rates relative to services implies, then, that the recent reversal in the 9 MONTHLY LABOR REVIEW November 1984 • Female-Male Unemployment Differential T ab le 1. E m ploym ent and average annual grow th rates of em p lo ym en t, by selected industries Industry 1982 Total employment (in thousands) Average annual growth rate Percent 1964-82 1964-73 1973-82 female Total................. 89,596 42.1 2.42 3.11 1.73 Mining..................... Construction............ Manufacturing.......... Transportation and public utilities........ Wholesale and retail trade..................... Finance, Insurance, and real estate . . . . Services................... Government.............. 1,143 3,911 18,853 12.0 8.9 31.8 3.32 1.30 .49 .14 3.16 1.73 6.62 -.51 -.74 5,081 24.8 1.41 1.84 .97 20,401 44.3 2.92 3.52 2.31 5,340 19,064 15,803 57.1 62.9 43.7 3.43 4.48 2.81 3.73 4.49 4.06 3.13 4.47 1.57 female-male unemployment rate differential could be the result of secular growth differentials among industries as well as the severe recession. The following section presents a shift-share technique which is used to measure the effects of relative changes in industry employment on the female-male unemployment rate differential from 1964 to 1982. In a subsequent section, this technique is applied to b l s employment projections to predict how expected future trends in industry employment growth would affect female-male unemployment rate dif ferentials. The appendices develop the methodology in greater detail. Components of change in differentials Shift-share analysis has frequently been used to analyze the sources of regional employment growth, but seldom to disaggregate the components of change in unemployment differentials.6 (See table 2.) The purpose of the shift:share analysis is to dissect the year-to-year change in the femalemale differential into three components: national share ef fect, industry mix effect, and employment shift effect. The sum of these effects equals the total change in the unem ployment differential. The analysis starts with very restric tive assumptions regarding labor force and interindustry employment trends and proceeds to relax these assumptions one at a time. National share effect. This effect is computed by assuming that male and female employment in each industry changes at the same rate as total national employment. The male and female labor forces are each assumed to grow at the same rate as the total labor force. The national share effect shows how the female-male unemployment rate differential would have changed from year to year if: (1) the proportion o f men and wom en in each industry rem ained un changed, (2) the proportion of men and women in the labor force remained unchanged, (3) the share of each industry’s employment in total employment was constant, and (4) total employment and the labor force grew at their actual rates. 10 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Under these assumptions, male and female employment and labor forces change at the same rate. Because the un employment rate is defined as: ^ number employed number in labor force this results in proportionate changes in male and female unemployment rates. The national share effect on the female-male differential is thus procyclical but trivial in magnitude. Industry mix effect. To calculate the industry mix effect, the assumption that each industry grows at the national rate is dropped. Employment in each industry is postulated to grow at its actual rate, but it is assumed that the proportion of men and women employed in each industry remains the same as in the previous period. If employment in femaledominated industries is growing faster than employment in male-dominated industries, as appears indicated in table 1, the industry mix effect will reduce the unemployment rate of women relative to that of men. When employment increases in an industry, the additional workers will be drawn into employment from the ranks of the unemployed and from outside the labor force. Therefore, an assumption is needed about how this effect changes the labor force. It is assumed that men and women who “ enter” employment as a result of the industry mix effect come from the unemployment pool and from outside the labor force in the same proportions as they actually did during the previous year. Similarly, when the industry mix effect causes a de crease in employment, it is assumed that men and women who exit employment leave the labor force or become un employed in the same proportions as they actually did during the previous year. (This procedure is discussed in detail in Tab le 2. S hift-share analysis of fem ale-m ale unem ploy m ent d ifferentials, 1 9 6 4 -8 2 Shift-share effects Change in Male FemaleIndustry Employ National male differential ment rate differential share mix shift effect effect effect Year Female rate 1964........ 1965........ 1966........ 1967........ 1968........ 1969........ 6.22 5.54 4.85 5.17 4.78 4.68 4.62 3.97 3.20 3.08 2.87 2.79 1.60 1.57 1.64 2.09 1.92 1.89 -.03 .07 .45 -.17 -.03 .017 .012 -.009 .006 -.004 .046 .106 -.153 -.061 -.001 -.086 -.043 .603 -.123 -.022 1970........ 1971........ 1972........ 1973........ 1974........ 1975........ 1976........ 1977........ 1978........ 1979........ 5.88 6.91 6.64 6.00 6.74 9.30 8.64 8.18 7.18 6.82 4.37 5.34 4.96 4.17 4.87 7.89 7.06 6.28 5.27 5.14 1.51 1.56 1.67 1.84 1.88 1.41 1.58 1.90 1.91 1.68 -.38 .05 .11 .17 .04 -.47 .17 .32 .01 -.23 -.033 -.011 .001 .015 -.017 -.061 .012 .007 .018 .006 -.296 -.256 -.039 .075 -.242 -.849 -.092 .023 .035 .030 -.049 .322 .142 .074 .300 .444 .246 .297 -.042 -.265 1980........ 1981........ 1982........ 7.41 7.92 9.42 6.94 7.39 9.89 0.47 0.53 -0.47 -1.21 .06 -1.00 -.027 -.008 -.014 -.412 -.259 -.558 -.780 .332 -.521 appendix A.) It is also assumed, in the computation of the interindustry effect, that there is no net interindustry mo bility of labor. The industry mix effect shows how differing industry growth rates affect the female-male unemployment rate dif ferential when there are different percentages of men and women in each industry. (See table 2.) When the effect is negative, female-dominated industries are growing faster (or declining less) than male-dominated industries, reducing the female-male unemployment rate differential. When the effect is positive, male-dominated industries are growing faster (or declining less) than female-dominated industries, thereby increasing the differential. The industry mix effect appears to have both a cyclical component and a secular trend.7 The cyclical component is suggested by the industry mix effect always being negative during recessions (for example, 1970-71, 1974-75, and 1981-82) and positive only during expansions. This is be cause employment is more cyclically variable in male-dom inated industries than in those which are female-dominated. For example, the three industries that are most sensitive to the business cycle (mining, construction, and manufactur ing) are very much male-dominated. (See table 1.) The industry mix effect shows smaller positive changes in each successive expansion and generally larger negative changes in each successive recession, which suggests that there may be a long-term trend which lowers female un employment rates relative to male rates. (See table 2.) To determine whether there is a significant trend in the industry mix effect which is independent of the business cycle, a regression equation was estimated for the 1964-82 period which predicts the impact of the business cycle (as measured by the help-wanted advertising index) and trend variables on changes in the industry mix effect over time.8 The regres sion results presented in appendix B, show that the trend and the business cycle were both highly significant predic tors of change. After controlling for cyclical effects, the female-male differential declined on average by about 0.2 percentage points per year. These results indicate that the differential employment growth rates of industries have tended to favor female-dominated industries and that this has caused a narrowing in the female-male unemployment rate differ ential, even after accounting for the short-term effects of the business cycle. Employment shift effect. This effect is the change in the male-female unemployment differential that remains after accounting for the national share and industry mix effects. Two factors determine the sign and the magnitude of this effect. The first is the difference in the rates of growth in the male and female labor force. The fact that the female labor force has been expanding more rapidly than the male labor force tends to cause unemployment rates of women to be greater than those of men. The second factor which determines the employment shift effect is the change in the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis male-female employment composition within industries. If an industry increases the proportion of women it employs, the unemployment rate of women will decrease relative to that of men. The following tabulation presents the propor tion of women employed in each industry during 1964 and 1982 and the average annual percentage change in that pro portion. These data show significant differences among in dustries in the rates at which the proportions of female employment have increased. In du stry Total.................................. M ining...................................... Construction............................ Manufacturing........................ Transportation and public utilities.................................. Wholesale and retail trade---Finance, insurance, and real estate.................................... Services.................................... Government.............................. P e r c e n t fem a le 1982 1964 A v e ra g e an n u al p ercen t ch a n g e 33.7 9.3 4.9 26.3 42.1 12.0 8.9 31.8 1.24 1.43 3.37 1.06 18.3 38.0 24.8 44.3 1.70 .86 50.3 51.0 38.7 57.1 62.9 43.7 .71 1.17 .68 The employment shift effect can be thought of as representing the ability of industries to respond to changes in labor force participation rates of men and women by altering the distribution of their employment between sexes. Perfect accommodation to changes in labor force participation would result in an employment shift effect which equals zero. How ever, if the share of female employment within industries does not ri,;e by enough to accommodate the increase in female labo; force participation, the employment shift effect would be positive. This would tend to increase female un employment rates relative to the male rate. And finally, where the share of female employment in the industry ad vances by more than enough to accommodate the increase in female labor force participation, the employment shift effect would be negative. This would tend to decrease the female unemployment rate relative to the male rate. We note that the employment shift does not exhibit the same kind of cyclical behavior as the industry mix effect. For example, during the 1970-71 and 1974-75 reces sions, the employment shift effect favored men, but during the 1980 and 1981-82 recessionary period it favored women. (See table 2.) This is a potentially important de velopment because it may represent a change in the ability and willingness of individual industries to absorb women into employment. Regression results show, however, that on average, during the 1964-82 period, the employment shift effect shows no significant trend or cyclical response. (See appendix B.) In recent years (1979-82), all three effects—the na tional share effect, industry mix effect, and employment shift effect—contributed to reducing the female-male unemployment rate differential. The industry mix effect 11 MONTHLY LABOR REVIEW November 1984 • Female-Male Unemployment Differential T ab le 3. Projected average annual rates o f change in em p lo ym en t by selected industry, 1 9 8 2 -9 0 and 1 9 8 2 -9 5 Industry 1982 Percent female 1982-90 1982-95 Low Moderate High Low Moderate High Total................. 42.1 1.7 1.8 1.9 1.6 1.7 1.9 Farm....................... Mining..................... Construction............ Manufacturing.......... Transportation and public utilities........ Wholesale and retail trade................... Finance, insurance, and real estate . . . . Services................... Government............ 19.5 12.0 8.9 31.8 -.8 .6 3.1 1.5 -.7 .7 '3.0 1.8 -.6 .3 3.2 2.1 -.9 1.0 2.7 1.4 -.9 1.2 2.9 1.5 -.6 1.0 2.9 1.8 24.8 1.3 1.4 1.6 1.2 1.4 1.5 44.3 1.7 2.0 2.1 1.6 1.8 1.9 57.1 62.9 43.7 2.2 2.5 .8 2.4 2.6 .7 1.5 2.8 1.0 2.0 2.4 .6 2.1 2.5 .7 2.2 2.8 .9 indicates that, as in previous recessions, the 1980 and 1981-82 downturns affected male-dominated industries more severely than female-dominated ones. But there is also a trend in the industry mix effect independent of the business cycle. This means that long-term industry-specific employ ment trends have favored women’s employment because of their greater concentration in those industries with the high est long-term growth rates. Finally, an examination of the employment shift effect shows that since 1979 many in dustries more readily employed women entering the work force, but that there has been no such long-term trend. Employment projections Will employment trends continue to improve the unem ployment situation of women relative to men? The preceding analysis suggests that this will depend to a large extent on the future growth rates of female- versus male-dominated industries. The Bureau of Labor Statistics projections of employment by industry make it possible to analyze the probable impact of the industry mix effect on the future of the female-male unemployment differential.9 Table 3 pre sents the average annual rates of change in projected em ployment between 1982 and 1990 and between 1990 and 1995. The b l s made three sets of projections for each time frame: the first assumes low rates of economic growth; the second, moderate growth rates; and the third, high growth rates. Valerie A. Personick describes the moderate growth scenario as follows; This case is marked by a period of recovery from the 1982 recession, followed by stable economic growth through the mid1990’s. The civilian unemployment rate, which was 9.7 percent in 1982, is projected to fall to 6.3 percent by 1995. Total em ployment is expected to rise from 102.3 million in 1982 to 127.6 million by 1995, a gain of more than 25 million new jobs. Growth is projected to be faster in the earlier years, as industries rebound from the recent economic downturn. Employment, which expanded by 3.6 percent a year between 1975 and 1979, showed very few gains during the business slump of 1980 or the brief recovery period thereafter. The more severe recession of 198182 brought an additional 1.3-percent decline in total jobs. Em ployment is projected to rebound, averaging growth of 1.8 per cent a year from 1982 to 1990, then slow to 1.5 percent annually through 1995.10 12 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 3 shows significant differences in projected employ ment growth rates among industries under each of the three growth scenarios. It also indicates that, except for the con struction industry, women are currently overrepresented in the high-growth-rate industries (for example, services and finance, insurance, and real estate).Women represent only 25.5 percent of total employment in the five industries which are projected in the moderate scenario to grow by 13.2 percent between 1982 and 1990. However, women consti tute 51.6 percent of employment in the four service-oriented industries projected to increase by 18.9 percent. It appears that future trends in employment will continue to favor a reduction of the unemployment rates of women relative to men’s. What are the implications of these trends for the femalemale unemployment rate differential? The following tabu lation presents the results of a partial shift-share analysis of changes in female-male unemployment rate differentials which would occur between 1982 and 1990 and between 1982 and 1995 under each of the three economic growth scenarios: G ro w th sc e n a rio N a tio n a l g ro w th effect In du stry m ix effect 1982-90........... Low Moderate High -0 .0 1 7 -0 .0 1 8 -0 .0 2 2 -2 .0 7 7 -2 .1 0 3 - 1.986 1982-95........... Low Moderate High -0 .0 1 5 -0 .1 0 9 -0 .0 2 3 -2 .4 1 9 -2 .3 6 9 -2 .4 5 6 P e r io d Because b l s does not project male and female employment by industry, it is possible to calculate only the industry mix effect. Its computation assumes that employment in each industry grows at its projected rate and that the proportions of men and women in each industry remain at the 1982 levels.11 Also, male and female labor force entry and exit patterns are assumed identical to those of 1982. Under these assumptions, the female unemployment rate would decrease by about 2 percentage points relative to the male rate be tween 1982 and 1990 and would decrease by approximately 2.4 percentage points between 1982 and 1995. The industry mix effect would continue its 1964-82 trend, exerting down ward pressure on the female-male unemployment rate dif ferential by about 0.2 percentage points per year. It should be noted that the impact of the changing industry mix on the differential is likely to be modified by several factors which are not measured in the partial shift-share analysis. First, the b l s projections of employment growth between 1982 and 1995 do not allow for cyclical variation, apart from the current recovery. The results for 1964-82 imply that the industry mix effect is strongly affected by the business cycle, and thus the results reported in the tabulation represent only the trend component of this effect. There will undoubtedly be substantial year-to-year cyclical variation in the female-male unemployment differential during 1982— 95. Second, male interindustry mobility may increase over past rates as the relative secular decline in goods-producing industries continues. Men may increase their employment share in the rapidly growing industries, decreasing their projected unemployment rate. Third, female labor force par ticipation rates will continue to rise during the next decade, and women’s attachment to the labor force has also been increasing.12 These factors would tend to boost female un employment rates over their industry mix levels. Both of these trends— the possible rise in the male share of rapidly growing industries, and the continuing increase in the female participation rate— would be reflected in a positive em ployment shift effect over the 1982-95 period. Still, the projected relative secular decline in goods pro- ducing industries will tend to increase the male unemploy ment rate relative to the female rate at least in the near term. There is no recent evidence that the employment shift effect will offset this negative industry mix effect. On the contrary, in 4 of the 5 years since 1978, the employment shift has been negative. The most plausible scenario for the femalemale unemployment rate differential is for the male rate to drop below the female rate during the current cyclical re covery, and for the female rate to again be lower than the male rate in the next recession. Beyond that, it seems likely that the female rate will remain below the male rate well into the 1990’s. □ FOOTNOTES 1The female unemployment rate continued to be less than the male rate in 1983. The rate for men was 9.9 percent; for women, 9.2 percent. 2 See, for example, Nancy S. Barrett and Richard D. Morgenstem, “ Why Do Blacks and Women Have High Unemployment Rates?” Journal of Human Resources, Fall 1974, pp. 452-64; Janet L. Johnson, “ Sex Dif ferentials in Unemployment Rates; A Case for No Concern,” Journal of Political Economy, pp. 293-303; Deborah P. Klein, “ Trends in employ ment and unemployment in fam ilies,” Monthly Labor Review, December 1983, pp. 2 1 -2 5 ; Joyanna Moy, “ Recent labor market developments in the U .S. and nine other countries,” Monthly Labor Review, January 1984, pp. 4 4 -5 1 ; “ The Female-Male Differential in Unemployment Rates,” In dustrial and Labor Relations Review, April 1974, pp. 331-50; Beth Niemi, “ Geographic Immobility and Labor Force Mobility: A Study of Female Unemployment,” in Cynthia B. Lloyd, ed., Sex, Discrimination and the Division o f Labor (New York, Columbia University Press, 1975), pp. 6 1 89; Beth Niemi, “ Recent Changes in Differential Unemployment,” Growth and Change, July 1977, pp. 22-30; and Sigurd R. Nilsen, “ Recessionary impacts on the unemployment of men and wom en,” Monthly Labor Re view, May 1984, pp. 2 1 -2 5 . 3The year 1964 was chosen as the starting point because it was the first year that male and female unemployment rates were reported for several o f the industries included in the analysis. 4 Nilsen found that the increase in the male unemployment rate relative to the female rate was especially pronounced during the 1980-82 downturn largely because male-dominated industries were particularly hard hit. See Sigurd R. Nilsen, “ Recessionary impacts.” 5See, for example, Niemi, “ Geographic Immobility,” pp. 7 2 -7 9 . 6 A technique similar to shift-share analysis was recently employed in this journal by Sigurd R. Nilsen (see footnote 2) to explain changes in male and female unemployment differentials between 1975 and 1982. One difference between his methods and those applied in this article is that we focus on trends in the distribution of employment between industries to explain trends in male and female unemployment rates, while Nilsen fo cuses on the effects that changes in the labor force and in industry-specific unemployment rates have on male and female unemployment rates. For a detailed description of shift-share analysis and a discussion of its strengths and weaknesses, see Benjamin H. Stevens and Craig L. Moore, APPENDIX A: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis — u',n 7The Bureau of Labor Statistics’ establishment survey data is used to measure employment by industry. Total employment and labor force data come from the Current Population Survey (households), so there is a problem of data compatibility. The household employment total is larger than the establishment total, as the former includes self-employed persons and agricultural workers, among others. These additional employees were treated as an “ industry” in the shift-share analysis. For a detailed dis cussion of the household-establishment employment difference, see Alex ander Korns, “ Cyclical Fluctuations in the Difference Between the Payroll and Household Measures of Employment,” Survey o f Current Business, May 1979, pp. 14-44. 8The regression equation estimated is: A Effect = a + b , (A Help —Wanted) + b2 (Trend), where “ A Effect” is the change in the industry mix effect from one year to the next; “ Help —Wanted” is the change in the helpwanted advertising index; and “ Trend” is the linear trend. 9 For a discussion o f the Bureau of Labor Statistics’ industry employment projections for 1990 and 1995, see Valerie A. Personick, “ The job outlook through 1995: industry output and employment projections,” Monthly La bor Review, November 1983, pp. 2 4 -3 5 . For a methodological discussion of the projections, see Howard N Fullerton, Jr. and John Tschetter, “ The 1995 labor force: a second look,” Monthly Labor Review, November 1983, pp. 3 -1 0 . Male and female employment for 1982 was determined from the household and establishment surveys. 10 “ The job outlook,” p. 25. 11 Male and female employment was calculated using the Bureau of Labor Statistics’ Current Establishment Survey and Current Population Survey data by sex for wage and salary and nonwage and salary employees. The female-male proportions from the Current Population Survey were used for private household employment. 12For example, Ronald G. Ehrenberg has shown that increasing adult female unemployment rates over the 1967-77 period were due, in part, to the decreasing likelihood o f leaving unemployment by exiting the labor force. See Ronald G. Ehrenberg, “ The Demographic Structure of Un employment Rates and Labor Market Transition Probabilities,” in Ronald G. Ehrenberg, ed., Research in Labor Economics: Volume 3 (Greenwich, Conn., jai Press, Inc., 1980), p. 258. Shift-share equations This appendix develops the equations used to compute the national share, industry mix, and employment shift ef fects. The total female-male unemployment rate differential in time t is; dt = “ A Critical Review o f the Literature on Shift-Share as a Forecasting Tech nique,” Journal o f Regional Science, November 1980, pp. 4 1 9 -3 7 . where = the female (/) unemployment rate at time v, and u f — the male (m) unemployment rate at time t. The purpose of the shift-share analysis is to explain the change in this differential from one period to the next (that is, dt — dt_ ,). The shift-share analysis decomposes this 13 MONTHLY LABOR REVIEW November 1984 • Female-Male Unemployment Differential change into three parts: the national share effect, the industry mix effect, and the employment shift effect. National share effect. This effect assumes that employ ment for men and women in each industry changes at the national rate for total employment. Similarly, the male and female labor force is assumed to change at the national rate for the total labor force. Let: where ustN the national share (N) unemployment rate for females (s =f) or males (j = m) for time f, employment for females (s= f) or males EU, (s = m) for time t —1; female (s= f) or male (s = m) labor force E si- i for time t —1. The terms in parentheses represent the rate of change in total employment and the labor force from the preceding year. The national share female-male unemployment rate differential is: d tN ~ U?tN national share effect = d,N — d, _ y. Industry mix effect. This is the effect on the female-male unemployment rate differential of allowing employment in each industry to grow at its actual rate while assuming that the proportions of men and women in each industry remain constant. This can be stated in equation form as: Est, = ' ¿ E l , j= J E js t - i industry mix employment for females (s =f) or males (s —m) at time r; and female or male employment in industry j ( / = ! to n) at time t —1. When the industry mix assumption is introduced, the meas ure of employment by sex changes by: APPENDIX B: Table A - l presents the results of a regression analysis in which each of the three shift-share effects is regressed https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis where LstN = the national share labor force by sex, which is the denominator of equation 1; and 77 = the appropriate labor force proportion. When AES, is negative, the labor force proportion tt is the probability of moving from unemployment to out of the labor force. The industry mix unemployment rate is: where ust, is the industrial mix unemployment rate for women or men in time t. The industry mix differential is: d„ = uft, - u'P, and the industry mix effect is dtl - dtN. The industry mix effect is thus the change in the femalemale unemployment rate differential caused by the intro duction of the actual industry growth rate assumption. Employment shift effect. The employment shift effect is that part of the year-to-year change in the female-male un employment rate differential which is not explained by either the national share or industry mix effects. The actual dif ferential in year t is: d, = u{ — u'p so the employment shift effect is d, - d„. Note that the sum of the three effects equals the total annual change in the actual female-male unemployment rate differential, that is: dt AE'i = Est, - E\IN 14 E su = L sin + n A E * u 'tN The national share effect is the change in the female-male unemployment rate differential from the previous year that results from national labor force and employment changes: where Es„ where EstN is the national share employment by sex, which is the numerator of equation 1. The next step in developing the industry mix effect is to establish an assumption governing how this employment change will affect the labor force. When AEst is positive, it is assumed that some of these “ new” employees come from outside of the labor force and that the remainder come from the pool of the unemployed. The proportion of new em ployees that come from outside the labor force is assumed to be the proportion of the actual gross employment increase for each year, by sex, which came from outside the labor force. These proportions are calculated from the Annual Employment Status Gross Change tables available from the Bureau of Labor Statistics. The industrial mix labor force is: d ,^j (dt dt/) + (dti dtft) -I- (dt^ dt Regression results on a linear trend variable and a variable representing cyclical change. The variable chosen to represent cyclical change is Tab le A - 1 . Tim e series regressions for the three shiftshare effects1 Variable Intercept.............. Help-wanted........ Trend................... R2....................... F test2 ................ DW..................... National share effect Industry mix effect Employment shift effect -0.0055 (-2.14) 0.0839 (6.45) 0.0002 (0.36) .713 22.15 1.89 -0.1718 (-6.09) 0.9947 (7.00) -0.0061 (-1.08) .774 30.02 2.01 0.0498 (0.62) 0.1055 (0.26) -0.0160 (-0.99) 042 0.66 2.00 1The t ratios are in parentheses. Critical t value with 15 degrees of freedom at the 95-percent confidence level = 2.13. Critical F with 15 degrees of freedom at the 95-percent confidence level = 3.68. the index of the help-wanted advertising in newspapers in first difference form. Because the dependent variables are also first differences, the intercept may be interpreted as the coefficient on a linear trend and the coefficient of the trend variable can be interpreted in the same way as the coefficient of a trend-squared variable in a regular time series regres sion. If there is a long-term trend in the female-male un employment rate differential caused by any of the three shiftshare effects, its intercept coefficient will be statistically significant. Therefore, in table A -1 , the intercept represents https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the average annual change in the shift-share effect, while the trend coefficient measures the presence of acceleration or deceleration in this annual change. The national share effect shows both a significant negative annual change (that is, intercept) and a significant positive response to the business cycle, but the magnitude of this effect is trivial. The industry mix effect is of greater interest. The intercept indicates a significant negative trend in the female-male unemployment rate differential. Apart from any cyclical effect, this differential narrows by about 0.2 per centage points per year. Because this trend appears in the industry mix regression and because there are no quanti tatively important trends in either of the other effects, the cause of the narrowing unemployment differential is the relatively rapid growth of employment in female-dominated industries. This is the most important result of our study. As expected, the industry mix differential varies procyclically. This is indicated by the positive and significant coef ficient on the help-wanted variable. In all of the regressions, the trend coefficient indicates no significant acceleration or deceleration in the year-to-year change of the differential. Finally, the employment shift regression shows that there is no significant trend or cyclical response in the employment shift effect. 15 A century of wage statistics: the BLS contribution Knowledge o f the structure o f and trends in wages is vital to appraisal o f the economic status o f the working population; over its first century o f life, the Bureau has developed a consistent body o f information on wages, and progressively more sophisticated techniques to analyze it H. M . D outy Wage and salary rates of pay remain at the heart of the labor bargain, although a new dimension has been created in recent decades by the rise of various forms of supplements to employee compensation. Information on the general movement of wage rates, and on the structure of rates by such characteristics as occupation, industry, region, union status, and sex, provides crucial insight on the status and well-being of the working population. In a complex indus trial society, the development with limited resources of use ful statistics in these areas, and more recently in the area of supplementary compensation, has been a formidable un dertaking. This article traces the work of the Bureau of Labor Sta tistics over the past century in the field of wage statistics, including the attention that has been given since World War II to the growth of wage supplements. An effort has been made to place this work in broad historical perspective. This account does not cover related Bureau programs, including the extensive work on consumer prices1 and the important series of average hourly and weekly earnings by industry developed from employment statistics.2 H. M. Douty is a former Assistant Commissioner for Wages and Industrial Relations, Bureau o f Labor Statistics. 16 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 19th century beginnings The years 1875 to 1900 were in many ways a period of extraordinary economic growth and change in the United States. It was marked by the closing of the geographic frontier. An impressive expansion of the transportation net work3 facilitated the settlement of the West, and contributed to a large increase in farm output. At the same time, man ufacturing expanded at a rapid pace, accompanied in many industries by larger scale operations, consolidations of firms, and the growth of monopoly practices. The last quarter of the century also saw substantial changes in the size and industrial composition of the labor force. Between 1880 and 1900, the number of “ gainful workers” increased by almost 12 million. In 1880, the gainfully em ployed work force was about equally divided between ag ricultural and nonagricultural employments, but by 1900 the agricultural share, while still rising in absolute terms, had declined to approximately 37 percent of the total. The pro portion of employment in manufacturing, transportation, and construction had increased significantly over the same period.4 These changes were accompanied by economic fluctua tions of considerable magnitude, including an unusually severe depression beginning in 1893. As a result, there arose new currents of thought with respect to wage determination, trade unionism, and the role of government in relation to labor,5 and various comprehensive movements for social reform emerged.6 In particular, the impulse toward collec tive action to defend or improve labor standards began to acquire momentum among the growing wage-earning pop ulation. Of major although short-lived significance was the meteoric rise of the Knights of Labor, the membership of which reached about 700,000 in 1886 but declined precip itously thereafter. Of much greater long-run importance was the formation of the American Federation of Labor ( a f l ) in 1881 as a permanent trade union center. The Federation survived the long depression of the 1890’s, and union mem bership began to climb sharply toward the end of the de cade— rising from 447,000 in 1897 to 868,500 in 1900, mainly in unions affiliated with the a f l . 7 (These figures include Canadian members of labor unions with headquar ters in the United States.) It was during this period that the Bureau of Labor Sta tistics was created, with a broad mandate to “ . . . collect information upon the subject of labor, its relation to capital, the hours of labor, and the earnings of laboring men and women. . . . ” The creation of the new agency in 18£4 reflected a growing demand for information on labor con ditions to provide a basis for improved labor standards. With respect to earnings or wages, there were few guides for the work of the new Bureau. Some experience with wage sur veys had been accumulated by a few State agencies, notably in Massachusetts.8 At the Federal level, the only important previous effort to develop statistics of wages by occupation was a special study conducted for the decennial census of 1880. This report, which was not published until 1886, gave annual average wage rates by occupation for “ typical” es tablishments in 53 industries back, where possible, to 1860 or even earlier. The data, which were collected by mailed questionnaires, were published in great detail.9 The new Federal Bureau was extraordinarily fortunate in its first commissioner, Carroll D. Wright, who had headed the Massachusetts Bureau of Statistics of Labor since 1873.10 Wright would prove an authentic pioneer in the development of labor statistics both here and abroad.11 With respect to the collection and presentation of wage survey data, a num ber of general principles reflected his experience in Mas sachusetts and at the Federal Bureau. These related basically to the compilation and presentation of data designed to throw light on the structure of wages, although, as we shall see, the new Bureau’s studies also would provide the basis for most of our knowledge of the trend of wages well into the present century. With regard to the collection of wage data by occupation, Wright felt strongly that the use of trained field agents rather than mailed questionnaires was required to ensure the ad equacy and quality of response. In the absence of modem sampling procedures and establishment universe informa tion, he favored the coverage of “ typical” or “ represen tative” establishments, which in practice meant those that https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis had been in business for some time. Concerning the pre sentation of wage statistics, Wright was insistent upon the use of well-defined occupational classifications. In view of the observed dispersion of wage rates within occupations, he tended to favor presenting survey results in the form of wage distributions, where feasible, rather than by occupa tional averages alone. “ Of late years,” he wrote in 1892, “ the demand has been that employees should be classified not only minutely as to occupations, but as to rates of pay as well.” 12 Appropriately, in view of the times, the first annual report of the Commissioner dealt with industrial depressions. It included the results of the first occupational wage survey conducted by the Bureau. The data related to 1885 and were taken directly by Bureau agents from the payroll records of 582 establishments in about 40 industries overwhelmingly in the manufacturing sector. The results were published in the form of daily average wage rates by occupation, indus try, and State; estimates were presented separately for men, women, and children and youths.13 The Commissioner’s fifth annual report ( 1889) on railroad labor developed occupational wage statistics in great detail for 60 carriers. The Bureau’s field agents found more than a thousand job titles in the payroll records of these railroads. Many of these involved similar duties. The most detailed wage statistics were shown in table 11 of the report, where distributions of daily rates or earnings by occupation were presented, together with distributions of annual earnings.14 The claim was made that “ . . . the chief value of this report, so far as time and wages are concerned, is to be found in a thoroughly scientific classification, not only of the time employed of each individual employee of the roads consid ered, but of rates by day and by year,” as shown by the payrolls.15 These studies, together with two other extensive wage surveys conducted during the early 1890’s ,16 provided the Bureau with invaluable experience in occupational classi fication, data collection, and the presentation of survey re sults. They prepared the way for a highly fruitful survey stemming from a Senate resolution of March 3, 1981, which instructed the Committee on Finance to study the effects of tariff legislation on wages and prices. In accordance with the resolution, Senator Nelson W. Aldrich asked Wright to undertake the task of developing wage and price statistics for the years 1840-91. The problem of locating establishments with payroll rec ords for all or most of this long period obviously was dif ficult. The study ultimately provided data for more than 500 occupational series in 22 industries, mainly in manufactur ing. Comparatively few of the establishments had usable payroll records prior to 1860. The publication of the data for two payroll periods in each year by industry, establish ment, and occupation, took up almost 1,300 pages of the Senate Committee’s report.17 The Committee observed that “ . . .n o other investigation has been made with so wide a 17 MONTHLY LABOR REVIEW November 1984 • A Century o f Wage Statistics: BLS’ Contribution scope, such a variety of detail, and covering so extensive a period.” 18 The significance of this study for the Bureau’s work in the field of wage statistics was twofold. It gave experience in the collection of data over an extended period in the past, and it provided the basis for measurement of changes in the level of wages through the construction of wage indexes. The latter represented an innovation of signal importance for which credit must go to Professor Roland P. Falkner of the University of Pennsylvania, who was employed by the Senate Committee to analyze the survey data. Using 1860 as the base year, Falkner prepared indexes for each occu pation by establishment, for each of the 22 industries in cluded in the survey, and for the 22 industries combined.19 Despite its many limitations, the Bureau’s work for the Aldrich Committee is the major source of information on the structure and course of wages in this country from 1860 to 1890, and yields some insight for the years back to 1840. The study’s wage trend estimates have been analyzed and reworked a number of times, most recently by E. H. Phelps Brown and Sheila V. Hopkins and by Clarence D. Long.20 The next major wage study undertaken by the Bureau undoubtedly was influenced by experience gained in surveys for the Aldrich Report, and foreshadowed the nature of work to be done into the 20th century. This study provided av erage daily wage rates by year for each of 25 selected oc cupations in 12 major cities for the period 1870-98.21 The occupations selected were those “ susceptible of accurate definition, ’’ and the data were taken directly from the payroll records of at least two establishments in each city for the occupations covered. The report’s text tables showed av erage daily wages by year for all occupations combined, and the percentage change since 1870 for each year from 1871 to 1898. The latter estimates were deemed to be “ quite indicative” of the movement of wages generally. Similar data were shown for three cities in Great Britain and for one city each in France and Belgium. The foreign data were compiled by the authorities in the countries concerned at the request of the Bureau. In short, during the last 15 years of the 19th century, the Bureau accumulated considerable experience in the planning and conduct of surveys of wages and standard hours of work. The merits of data collection from payroll records by per sonal visit were established. Much insight was gained into the difficult problem of job classification at a time when formal job descriptions were uncommon and titles for the same job could vary widely among establishments. Prob lems in the presentation of occupational wage data related to the observed dispersion of rates of pay were recognized. Finally, the introduction of index numbers in the Aldrich Report provided a convenient means for measuring the movement of wages over time. The development of so phisticated survey sampling techniques was, of course, far in the future. 18 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1900 to the Great Depression The Bureau’s work in wage statistics during the first three decades of the 20th century achieved a coherence that dis tinguishes it from its 19th century origins. This cohesion was attained despite the great economic and social changes that occurred during the period, including U.S. participation in World War I. Between 1900 and 1930, gross national product in constant dollars rose at an average annual rate of 3.1 percent.22 The sharpest downturn in economic activity was the comparatively short postwar recession beginning toward the end of 1920. The civilian labor force grew by about 20 million, with nonfarm workers accounting for ap proximately 77 percent of total employment by 1930. The automobile began to provide greater mobility for both people and industry. The growth in trade union membership that had begun in 1897 continued with only minor pauses to 1920, when membership reached 5 million. A sharp decline occurred during the postwar recession, but membership sta bilized at about 3.6 million by 1924.23 Finally, a substantial body of protective social legislation was enacted at the State level during this 30-year period, largely with reference to work performed by women and children. During the winter of 1900-01, the Bureau began a major study of occupational wages by industry, with the data car ried back to 1890. The study was undertaken with the view that “ . . . the constant demand for current data could be met only by a very painstaking and complete investigation which would result in thoroughly representative figures for a period of years and which would serve as the basis for the regular annual collection and presentation of data con cerning wages. . . .” 24 Due to staff limitations, the study required several years for completion. Data for 1902 and 1903 were included in the final results of the investigation, which appeared in 1905 as the Commissioner’s Nineteenth Annual Report, a volume of almost a thousand pages. The study was confined to “ the leading manufacturing and mechanical industries” and to the “ distinctive occu pations which are considered representative of each indus try,” and covered payroll periods most nearly representing “ normal conditions” of operations for each establishment during each year.25 In all, 67 industries, 519 occupations, and 3,475 establishments were surveyed. Industry coverage was largely confined to manufacturing and the building trades. Each year from 1890 to 1903, the Commissioner’s Annual Report presented average rates of pay by occupation, in dustry, and region, and for selected occupations, by city and State. Complete wage distributions also were given for the occupations included in the city and State tabulations. An outstanding achievement was the presentation in a text table of an overall index of hourly rates, computed from averages of industry relatives weighted by aggregate wages paid by each industry as shown by the census of 1900.26 As Paul H. Douglas pointed out in his great study of real wages in the United States from 1890 to 1926, the Bureau’s index computations were for some years the preferred sta tistical basis for generalizing on the trend of wages.27 (Ac tually, the correspondence between the Bureau’s wageweighted index and Douglas’ own wage rate index for man ufacturing, which was prepared from the same data but differently constructed, is strikingly close. For example, both indexes show wages in 1903 to be 16 percent higher than the average for 1890-99.28) The general format of the 1890-1903 study was followed in annual surveys during the next 4 years. The results of these studies were reported in the Bureau’s bimonthly bul letin.29 The surveys again were confined largely to manu facturing, but their scope was limited to industries in which wages paid amounted to $10 million or more as shown by the 1900 census. The 1904 survey, for example, covered 350 selected occupations, 3,732 establishments, and 42 industries. The 1904 wage index for all industries was linked to the general index for 1890-1903 on the basis of changes in those establishments studied in both 1903 and 1904, and this chaining procedure was followed for subsequent years to 1907. After 1907, there was a 4-year interruption in the Bureau’s wage survey program. This was due primarily to the pressure of other work, notably a large investigation into the con ditions of women and child wage earners and a study of wages, hours, and working conditions in the iron and steel industry, both of which were published as Senate docu ments. The program was resumed in 1912 with two series of surveys. The first consisted of studies based on payroll records of rates of pay (or of earned rates for incentive workers) in selected occupations in 12 industries: cotton, wool, and silk textiles; lumber, millwork, and furniture; boots and shoes; hosiery and knit goods; cigars; clothing; iron and steel; and building and repairing of steam railroad cars. Except in the case of cigars and clothing, data were carried back to 1907. Within the next few years, five of these industries (silk, millwork, furniture, cigars, and car building) were dropped while slaughtering and meatpacking was added. The industries that remained in the program were surveyed approximately every 2 years until 1933. The 1912 survey of cotton-goods manufacturing and fin ishing illustrates the essential nature of this group of stud ies.30 Bureau agents obtained data for the “ principal occupations” directly from mill payroll records. An inno vation was the publication of job descriptions in the survey report. The coverage of establishments was considerably broader than in earlier studies of cotton-goods manufactur ing, and the data, as previously noted, were carried back to 1907. Distributions of workers by hourly rates of pay at 1-cent intervals were shown by occupation for the industry as a whole and by State. The Bureau’s continued interest in the trend of wages was manifest by the linkage of annual wage changes during 1907-12 to the existing 1890-1907 index for cotton textiles. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The second group of studies begun in 1912 were con cerned with union wage scales and standard hours of work in the building industry, newspaper printing, book and job printing, marble and stone work, metal trades, baking, and millwork. In all, 49 crafts were surveyed in 39 cities. The initial report states that the data were “ . . . in every case furnished by officials of the local unions to special agents of the Bureau of Labor Statistics, and wage scales, written agreements, and trade union records were used wherever possible.” 31 As with the payroll studies, the union wage data were extended back to 1907. Wage scales were shown by trade and city for each year from 1907 to 1912, and indexes of the movement of scales back to 1890 were computed for many of the crafts in the industries covered. These studies, with some changes in industry coverage, were to continue on an annual basis for almost 80 years. These payroll and union wage studies had the great virtue of providing a large measure of consistency in the Bureau’s occupational wage survey program over a period of roughly two decades. They also provided a measure of continuity with the major survey that had produced the 1890-1903 report on occupational wages and with the annual surveys of 1904-07. They developed data on the structure of wages by skill and sex for manual jobs in a variety of relatively low-wage and high-wage industries. Data provided by lo cality and State yielded a measure of insight into interarea wage differences. As previously mentioned, these surveys were the source for the manufacturing and building components of the sem inal Douglas study of money and real wages from 1890 to 1926. Shortly after World War I, the Bureau itself ventured to put together an annual general index of wages in response to inquiries that ” . . . have generally related to recent years but . . . frequently ask for an index that shall compare Civil War changes with those during and following the late World W ar.” 32 The index was prepared (with some hesitation) from “ all sources available,” and was published initially for the period from 1840 to 1920. It was later extended in several stages to 1934.33 Two additional observations should be made concerning the Bureau’s work in wage statistics during this period. The first is that World War I had minimal impact on the gen eration of wage data. Although several Government agen cies were established to deal with wartime labor problems, there was no effort, as there would be during World War II, to impose comprehensive wage controls. Wage adjust ment efforts for particular industries (such as shipbuilding) tended to focus on those made necessary by rising living costs, which led to the establishment of the Bureau’s Con sumer Price Index. Toward the end of the war, the War Industries Board asked the Bureau to undertake wage sur veys in a number of industries for use in the solution of labor problems and to provide a record of industrial con- 19 MONTHLY LABOR REVIEW November 1984 • A Century o f Wage Statistics: BLS’ Contribution ditions at the height of the war effort. These surveys, with occupational wage data for 28 industries, were not com pleted until after the war, and the results were published in 1920.34 The second observation is that, while generally contin uing the group of payroll studies begun in 1912, the Bureau extended its wage survey activity to additional industries during the 1920’s. A number of these were manufacturing industries essentially new to the 20th century, including m otor vehicles, rubber tires, synthetic textiles, and airplane and aircraft engines. Several nonm anufactur ing industries also were added to the program , most notably bituminous coal mining and air transport. This major phase of the Bureau’s work in wage statistics came to an end about 1932. Although the surveys of the period were confined to manual jobs and largely to selected industries in the manufacturing sector, they provided a rea sonably consistent body of data on both the structure and trend of wages for industrial workers. They undoubtedly also played a role in private wage determination through collective bargaining and employer personnel administra tion. In their absence, we should know much less than we do about economic conditions during the first three decades of this century. Depression and war, 1930-45 The Great Depression began toward the end of 1929. Unemployment, which was estimated at 3.3 percent of the civilian labor force during the years 1923-29, rose to an estimated 25 percent in 1933. Recovery was only partial during the remainder of the decade; even in 1940, the un employment rate was estimated at 14.6 percent. However, the steady expansion of war production and of the Armed Forces after mid-1940 brought the rate to 1.2 percent by 1944.35 The singular decade of the 1930’s witnessed the beginning of an unprecedented and continuing involvement of the Fed eral Government with the economy.Aside from social in surance programs, this development expressed itself with respect directly to labor in two major forms. The first was machinery through the Davis-Bacon Act of 1931 and the Walsh-Healey Act of 1936 for the establishment of wage standards for workers employed by contractors or subcon tractors on public construction or in the provision of ma terials and supplies to the Federal government, and, by the Fair Labor Standards Act of 1938, for minimum wages for most workers engaged in or producing goods for interstate commerce. The second, embodied in the National Labor Relations Act, protected the right of workers to join unions and imposed upon employers the duty to bargain collectively over wages and other terms of employment. Partially as a result of this latter act, U.S. union membership, which had declined to 2.7 million by 1933, reached 14.3 million by 1945.36 and collective bargaining was extended to many strategic sectors of the economy. During the same year that 20 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the act was passed, however, a deep split occurred in the trade union movement, a breach that was not to be closed for 20 years. By the time the United States became involved in World War II as a combatant on December 7, 1941, the economic impact of the conflict had already begun to be felt and measures to deal with its consequences had emerged. One group of measures designed to contain the inflationary con sequences of resource diversion to war production was com prehensive control of changes in wage rates and prices.37 This had a decisive effect on the Bureau’s wartime wage statistics program, and postwar consequences as well. The early 1930’s had seen the end of the relatively small but systematic program of payroll-based industry wage sur veys that had been conducted during the previous two de cades. The annual survey of “ common labor entrance rates” was discontinued in the early 1940’s in large part because of the increasing ambiguity of the concept of “ unskilled” or “ common” labor.38 Dropped also, in 1934, was the occasional publication of the broad annual wage index that had first been published in 1920, having been pieced to gether from such data as were available.39 Its discontinuance appears to have been related to the institution in 1932 of the Bureau’s average employment and payroll reporting sys tem. Between 1932 and the beginning of the defense buildup in 1940, the Bureau’s wage survey activity was largely, although not entirely, geared to the informational needs of the new Federal agencies concerned with labor standards. Thus, a number of studies were undertaken for use in the adm inistration o f the short-lived National Industrial Recovery Act o f 1933 which provided by industry for “ codes o f fair com petition” containing minimum wage and maximum hour provisions. At the direct order of the President, an especially noteworthy study was made in the cotton textile industry covering pay periods in 1933 and 1934, following a general strike in that in dustry in 1934. Several surveys were undertaken in cooperation with the W orks Progress Adm inistration. W ork was done also in connection with prevailing minimum wage determinations under the Walsh-Healey (Public Contracts) Act o f 1936, which covered work perform ed by Federal government contractors.40 The pace of survey activity accelerated after the passage of the Fair Labor Standards Act (1938), which initially provided for Federal minimum wage determination (above a statutory level) on an industry basis. During 1938 and 1939, about 45 industry wage surveys were conducted for use in minimum wage proceedings. Most of these studies developed data on the distribution of workers by pay rates or straight-time hourly earnings, without occupational de tail. They typically related to relatively low-wage consumergoods industries. In a few cases, they provided the basis for appraisal of the wage and employment effects of mini mum wage orders before these effects were masked by the upsurge of economic activity associated with the war. Concern with minimum wage determinations faded as the defense program got underway in mid-1940. With expan sion of the defense effort, unemployment declined, short ages of skilled workers began to appear, and the incidence of strikes rose sharply during the first half of 1941. In March of that year, a tripartite National Defense Mediation Board was appointed to assist in the settlement of labor disputes; this agency was superseded in January 1942 by the National War Labor Board, which was given the additional function of stabilizing rates of pay as part of a comprehensive eco nomic stabilization effort. As a consequence of these developments, the Bureau’s wage survey activity shifted initially from consumer-goods industries to heavy industries essential to war production. Occupational wage studies were undertaken in such indus tries as shipbuilding, aircraft, rubber, nonelectrical ma chinery, and the mining, smelting, and refining of nonferrous metals. Beginning in 1941, special studies were also re quested for use in the settlement of specific labor disputes in industries vital to the war effort. With the beginning of comprehensive wage stabilization under the War Labor Board, the governmental need for wage statistics increased manyfold. This led to a substantial ex pansion of Bureau staff and the establishment of regional offices to parallel those set up by the Board. For the most part, two types of wage information were provided for Board use. The first involved data on wage rates or straight-time earnings by occupation, industry, and labor market for Board decisions in thousands of claims for increases on interplant wage inequity grounds,41 together with some studies in con nection with specific labor disputes. The second was a gen eral wage rate index to measure the effectiveness of the wage stabilization program. The surveys for use in Board decisions in inequity cases involved special procedures to expedite data collection and presentation. These included the development of patterns of “ key” jobs by industry, the preparation of uniform job descriptions, and the standardized presentation of survey results. Altogether, job patterns, each typically including from 10 to 20 occupations, were prepared for more than 120 manufacturing and nonmanufacturing industries. It was reported in 1945 that, under this crash program, data on pay rates in key occupations had been collected from more than 100,000 establishments, and that some 8,000 reports on an industry-locality basis had been transmitted to the Board.42 This was an extraordinary achievement over a pe riod of little more than 2 years, and represented a vital contribution to the wartime wage stabilization program. The second Bureau contribution to the wage stabilization effort was the construction of an occupationally based index of urban wage rates. Because the War Labor Board sought to stabilize basic rates of pay rather than earnings, such an index was needed to provide some measure of its effective ness. A properly constructed index can eliminate many of the factors that affect earnings rather than rates, including premium pay for overtime and late-shift work, interindustry https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis employment shifts, and changes in occupational skill ratios. The urban wage index was based on data for key occu pations in about 6,000 establishments, and covered selected manufacturing and nonmanufacturing industries in some 69 labor markets, It was issued semiannually beginning in April 1943, but was estimated back to January 1941 for the man ufacturing sector.43 Discontinued largely for budgetary rea sons in 1947, this index would have been a valuable tool for the analysis of postwar wage movements. Its final pub lication gave estimates of wage-rate change for manufac turing between January 1941 and September 1947, and for selected nonmanufacturing industries between April 1943 and April 1947.44 Postwar program adjustment, 1945-47 For more than 3 years, almost all of the Bureau’s ex panded resources for wage survey purposes had been de voted to data needs for wage stabilization and labor dispute settlement. By the beginning of 1945, the pressure of these needs had eased substantially. The war was coming to an end, and problems of industry reconversion to peacetime production were being discussed. It was now necessary to devise an interim program to meet anticipated requirements for wage statistics during the immediate postwar period. The most significant Bureau decision with regard to the wage program was to conduct a large number of nationwide occupational wage surveys on an industry basis, with re gional and locality breakdowns whenever possible. Between 1945 and mid-1947, such studies were made in no fewer than 70 manufacturing and 11 nonmanufacturing industries. Each presented data on rates of pay for selected occupations and rate distributions for all plant workers on a national and regional basis, and virtually all contained occupational data for specific localities. Information typically was shown on occupational earnings by size of establishment, size of com munity, method of wage payment, and unionization, and for such plant practices as scheduled hours of work, shift differentials, paid vacations and sick leave, and insurance and pension plans. Most of the studies also contained data on salaries for a few office occupations. This large group of nationwide studies were issued in a special series of wage structure reports in mimeographed form. Unfortunately, few were published in the Bureau’s series of numbered bulletins, but many summary articles based on the surveys appeared in the Monthly Labor Re view’.45 During this period, the Bureau continued its annual sur veys of union wage scales in building, printing, and several other industries. Of great importance in subsequent survey planning were studies of clerical salaries on a cross industry basis in a few local labor markets. A variety of special studies relating to such issues as guaranteed wage plans in the United States, the economic status of registered nurses, and the experience of workers in various industrial reconversion situations also were con ducted. 21 MONTHLY LABOR REVIEW November 1984 • A Century o f Wage Statistics: BLS’ Contribution Particular notice should be given to the rise of a broad analytical capability within the Bureau during this period. This, no doubt, was a function of staff size stimulated by the exceptional volume of statistical information generated during 1945-47. Several notable studies were produced, including an analysis of changes in wage differentials by skill for manual workers between 1907 and 1947 in man ufacturing and the building trades.46 This pioneer study pointed up striking changes that had occurred in supply-demand con ditions in the labor market over the four decades. A companion study, confined to manufacturing, dealt with the course of regional wage differentials during the same period.47 Other studies relating to the immediate postwar period dealt with such topics as shift differentials in manufacturing, vacation practices in major industry groups, and the prevalence of in surance and pension plans. Reshaping wage programs, 1947-70 In mid-1947, the Bureau experienced a sharp reduction in its budget— in effect a postwar readjustment— although its resources remained substantially above the prewar level. With respect to wage statistics, this budget reduction, to gether with other factors, led to a major reexamination of programs. A basic question was whether continued concentration on nationwide industry surveys represented the best use of the available resources. Experience during the war had indicated the great importance of data at the level of the local labor market, where most wage decisions occur. It was clear, moreover, that the white-collar segment of the labor force had shown impressive growth and would continue to ex pand. In pay determination for most types of white-collar workers, the importance of the local labor market was, if anything, greater than for manual workers. Most whitecollar jobs are found in a great variety of industries, sug gesting the need for some type of cross-industry survey for this type of employment. Other influences also were at work. The rapid spread of trade unionism in the 1930’s and during the war, and the “ rounds” of wage increases during the years immediately following the war, produced great interest in the dynamics of wage adjustment. Another influence was the spread of supplementary benefits, public and private, representing in come to workers and cost to employers. Aside from the existence of a broad demand for data for use in private wage decisions and for public policy purposes, great academic research interest also had developed.48 A general factor that contributed importantly to program development during this period was the emergence during the late 1940’s of efficient modes of probability sampling in government statistical surveys.49 With relation to the Bu reau’s studies of occupational wages, pathbreaking work was done in adapting probability sampling to universes of establishments.50 The use of probability sampling, rather 22 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis than purposive sampling, permitted a more efficient use of survey resources, the more reliable calculation of population values, and the estimation of sampling errors. The essential problem in 1947 was to devise, with limited resources, a program that would throw as much light as possible on the structure of occupational wages and salaries, on supplementary forms of compensation, and on the dy namics of wage development. Considerable thought and experimentation suggested that two occupational wage sur vey systems were needed, together with several other types of recurring reports.51 The principal ingredients of the re vised program are summarized below. Cross-industry labor market surveys. In 1948, pilot stud ies on the collection of salary data for office clerical oc cupations on a cross-industry basis were undertaken in a few large labor markets.52 These were successful techni cally, and the response from users of wage data in the markets covered was encouraging. In 1949, experimental surveys were made in a number of smaller cities. The oc cupational coverage was broadened in these studies to in clude selected skilled and relatively unskilled manual jobs that were not unique to particular industries. The skilled manual occupations were drawn primarily from those in volved in plant maintenance, and the unskilled from material movement, warehousing, and custodial work. Out of this experimental effort grew the concept of the community wage survey.53 As it happened, this exploratory work was coming to a close at the outbreak of the Korean War in June 1950, which called forth another wage stabilization effort. The National Wage Stabilization Board, formed in September 1950 to administer wage controls, concluded that community wage studies were well suited for use in its work. It provided resources for the conduct of such studies in a large number of labor markets, with occupational coverage extended to jobs peculiar to major industries in each area surveyed. The results of these and other Bureau wage studies and reports were extensively used in Board decisions,54 and provided the basis for a series of analyses of interarea differences in the level of wages, occupational differentials, fringe ben efits, extent of unionization, and the formalization of wage structures.55 Wage Stabilization Board budgetary support for the labor market survey program ended after the Korean emergency. The Bureau’s own resources could provide for only about 20 community surveys annually, with coverage limited to cross-industry occupations. It was decided as a matter of policy to conduct these surveys in the same metropolitan areas each year. This decision was based largely on the fact that the use of survey data in wage determinations by em ployers and unions depends on its currency. Extensive sup port developed for the surveys in the communities in which they were made. Numerous requests for community surveys in other areas had to be firmly rejected. In light of the widespread interest in the cross-industry type of survey, a rational basis was sought for a more elab orate program. The result was a proposal for annual surveys in a sample of metropolitan areas (approximately 80 of the 183 then existing), selected to represent all such areas. The sample was designed to include all metropolitan areas with employment of 250,000 or more. This would permit esti mates of the level and distribution of wages for a significant group of white-collar and manual jobs for all metropolitan areas— in effect, for the urban economy. It would provide a basis for national estimates, separately for office and plant workers, of scheduled hours of work, holiday and vacation provisions, the incidence of private insurance and pension plans, and collective bargaining coverage. Wage compari sons among areas and broad regions also could be made. The budgetary requirements for this program were met toward the end of the 1950’s when an urgent Federal need developed for national data on white-collar salaries in pri vate industry to implement a comparability pay policy for the 1.7 million Federal white-collar and postal employees. An interagency technical committee concluded that the an nual 80-area survey design was an appropriate survey ve hicle, with additional data collected from a subsample of establishments for selected professional, managerial, and technical jobs.56 The Congress approved funds for this pro gram, and for expansion of other aspects of wage survey activity, for fiscal 1960 (then beginning July 1959). When Congress passed the Federal Salary Reform Act of 1962, this cross-industry survey system had been tested in 2 years of operation.57 With some changes in the design and size of the sample, refinements in occupational definitions, the inclusion of a number of additional occupations, and modifications of data collection procedures, this survey system has continued on an annual basis for more than two decades. Industry wage surveys. Occupational wage studies on an industry basis were not abandoned with the development of the community wage survey program. Such studies re mained highly important for insight into the structure of wages and benefits for nonsupervisory workers in estab lishment groupings differentiated by product, technology, labor force composition, extent of unionization, and other factors. Partly for economy in the use of resources, there was a shift in emphasis during the late 1940’s from the industrywide surveys of the 1945-47 period to surveys in major areas of industry concentration. The intent behind this industry-locality program was the annual study of wages and related benefits in some 25 manufacturing and non manufacturing industries, together with less frequent in dustrywide studies in a few industries where wages were determined on a national basis. The long-term program of union scale studies in a few industries was continued. During the 1950’s, the Bureau also undertook under con tract many surveys, largely of the wage distribution type, for use in appraisal of the effects of minimum wage actions https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis under the Fair Labor Standards Act, and as a basis for decisions on minimum wage policy. These studies continued into the 1960’s as minimum wage coverage was extended to retail trade, service industries, and other areas of em ployment. The industry wage studies program was enlarged and systematized as part of the planning process that produced the 80-area community wage survey proposal. Provision was made for recurring studies in approximately 50 man ufacturing and 20 nonmanufacturing industries, either na tionally or in areas of major concentration.58 Most of these industries were scheduled for survey on a 5-year cycle, with others, predominately in textiles and apparel, on a 3-year cycle. The few studies based on union scales rather than employer payroll records would continue on an annual basis. Altogether, about 20 surveys would be planned for each year. At the time of their selection, the 70 industries included in the program accounted for about three-fifths of manu facturing and a third of nonmanufacturing employment. The 3- or 5-year periodicity for most of these studies was not ideal, but industry wage structures (that is, relative rates of pay) tend to change slowly. These surveys developed data for selected jobs, such as plant maintenance, that cut across industry lines, and also for selected processing jobs peculiar to each industry. Data for the distribution of rates of pay or straight-time hourly earnings for all production or non supervisory workers were collected, together with infor mation on establishment practices, such as shift work, and supplementary benefits provisions. Thus, .by the end of the 1950’s, two well-articulated oc cupational wage survey programs had been developed, one on a local labor market and the other on an industry basis. The latter program also provided for a considerable amount of information by labor market or region. Together, they shed much light on the level and structure of wages and salaries in the U.S. economy, and provided data for a variety of governmental uses, private wage and salary decisions, and research. Supplementary remuneration surveys. Beginning in the second half of the 1930’s, a variety of supplements to basic rates of pay began to assume significance in the U.S. wage structure. These supplements, some legally required and others established through collective bargaining or employer personnel policy, provided additional money income, paid leisure, or income security for workers, and represented a cost to employers. It was clear by 1950 that benefits supplementary to basic wages would continue to account for an increasing share of worker compensation. In 1951, with close industry coop eration, a study was made of supplementary expenditures in basic steel. In 1953, a methodological study of problems in the measurement of employer expenditures on major ben efits in manufacturing was undertaken.59 This was followed in 1956 by a study of benefit expenditures in the electric 23 MONTHLY LABOR REVIEW November 1984 • A Century o f Wage Statistics: BLS’ Contribution and gas utility industry, conducted as part of an industry wage survey, and by a 1958 survey of the composition of payroll hours for factory workers. Finally, in 1959, a continuous program was launched. The initial study measured employer expenditures on ben efits for production workers in manufacturing. Data were developed by major industry group, region, level of wages, size of establishment, collective bargaining coverage, met ropolitan or nonmetropolitan location, and the composition of payroll hours.60 This broad-based study was repeated in 1962, following benefit expenditure surveys in the mining and finance, insurance, and real estate industries. At the request of the Civil Service Commission, a special survey was made in 1963 of benefit expenditures for white-collar workers in metropolitan areas in a broad segment of U.S. industry. During the following 2 years, numerous studies were conducted in individual manufacturing and nonman ufacturing industries. In 1966, an initial survey was made of compensation expenditures in the entire private nonfarm economy.61 Data were shown separately for manufacturing and nonmanufac turing, by establishment size, and, for nonoffice workers, by union status. This study, in essence, rounded out more than a decade of experimental work and studies in limited industrial sectors. Future surveys were to be conducted bien nially for the entire private nonfarm economy, with studies in selected industries in the intervening years.62 Current wage changes. During the years immediately fol lowing World War II, enormous interest developed in changes in wage rates and employee benefits in major collective bargaining situations. This reflected the growth of collective bargaining as a mechanism for wage determination, and the influence that major settlements might have on the wage bargain— union and nonunion— in other firms and indus tries. To facilitate response to inquires, the Bureau began pub lication of a monthly report entitled Current Wage Devel opments in January 1948. This report, available on a subscription basis, sought to list general wage changes and changes in benefit provisions in all collective bargaining settlements covering 1,000 workers or more. Because the report was based largely on secondary sources, the names of the unions and employers concerned in the settlements were identified. This monthly periodical has become a major source of information on current wage behavior. The year 1954 saw the inclusion for the first time of quarterly and annual sta tistical summaries of newly negotiated wage rate changes.63 During the mid-1960’s, procedures were devised for esti mating the cost of supplementary benefits, and since 1966, data have been presented on the total change in compen sation in bargaining settlements affecting 5,000 workers or more. In 1968, statistics were developed on wage adjust ments p u t in to e f f e c t from (1) settlements during the year; 24 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (2) deferred changes under agreements negotiated in earlier years; and (3) provisions for adjustments geared to changes in the cost of living. The coverage of the report was extended in 1979 to State and local government collective bargaining settlements involving 5,000 workers or more. Somewhat related to the monthly report on current wage developments was the inauguration, also in 1948, of a series of reports on changes in wages and supplementary benefits in a limited number of key collective bargaining situations. Through periodic supplements, these wage chronologies summarized the history of wage and benefit changes re sulting from negotiations between unions and such major employers as United States Steel, General Motors, and Lockheed Aircraft. The bargains covered were important in themselves and were thought in many cases to have signif icant pattern-setting effects in wage determination. By the beginning of the 1970’s, about 35 chronologies were being maintained.64 Wage rate trends Several of the survey systems devised after 1947 pro vided, as a byproduct, data on the trend of wages for im portant groups in the working population. From the m onthly reports on current wage developments, annual median and mean adjustments and wage indexes were developed for workers in the universe o f m ajor collective bargaining agreements, thus providing the basis for index com putation. On the basis of the occupational surveys by labor m arket, an nual indexes of wage change were constructed for office workers, skilled maintenance workers, unskilled plant workers, and industrial nurses in all m etropolitan areas, nationwide and by region, over the period 1961-74.65 These indexes were discontinued in 1974 (with the last report published in 1975) when the m ethod o f com puting wage changes in the separate labor markets was revised and a more comprehensive wage rate index, described in the following section, was introduced. The annual report on salaries for selected professional, ad ministrative, technical, and clerical jobs has provided the basis since 1961 for developing measures o f salary trend for these occupational groups. In the early 1950’s, the Bureau also began to issue a series of reports on the trend of salaries for important groups of government employees. The initial report for white-collar Federal workers covered the period 1939-50; for city public school teachers, 1925-49; and for firemen and policemen, 1924-50. These reports were based on Congressional salary actions for classified employees in the Federal service; on reports on teacher salaries published by the National Edu cation Association; and on several data sources for firemen and policemen. The reappraisal of the Bureau’s work in wage statistics that began in 1947 produced over two decades a multidi mensional program that sought to meet, within the budget constraints under which it operated, a wide variety of gov ernmental and private needs for information. It provided significant insight into (1) the structure of wage and salary rates of pay for major groups of workers, manual and whitecollar; (2) the rise of and expenditures for supplementary benefits as part of compensation for work; and (3) the dy namics and trend of wage developments. The turbulent years, 1970-84 The 1970-84 period provided a turbulent backdrop for developments in wage statistics programs. Wide cyclical swings in the economy, coupled with Federal activities— wage and price controls and guidelines, minimum wage adjustments, and réévaluation of pay setting for Federal employees— affected Bureau wage programs. The number and scope of such programs grew substantially through 1978, but then contracted abruptly and leveled off in the face of Federal budget constraints. Employment Cost Index. During the early 1970’s, Federal wage and price controls highlighted a major shortcoming in the Nation’s economic intelligence system. Information was lacking on changes in employers’ compensation costs (or labor costs), free from influences unrelated to cost change, such as employment shifts among occupations and industries with different labor cost levels. Without such information, it was virtually impossible to gauge the effects of wage controls in the same way that price controls were assessed on the basis of the Bureau’s Consumer Price Index. (A similar need had been addressed when the Bureau developed the short-lived, occupationally based “ urban wage rate in dex” to measure the War Labor Board’s effectiveness in stabilizing wage rates during World War II.) During the 1971-74 controls period, policymakers trying to track wage rates or compensation costs were faced with a wide array of Bureau information, all useful for some purposes,including estimates of average hourly compensa tion and average hourly and weekly earnings, data on col lectively bargained wage adjustments, and surveys of occupational pay levels. The various wage measures, un fortunately, gave mixed and incomplete signals about de velopments in wage and compensation costs. It was in this climate that the Bureau began a long-range effort to develop the Employment Cost Index ( e c i ) , initially called the “ general wage index.” The e c i was designed to be a timely and comprehensive measure of labor cost change, covering all types of workers and industries in the economy and all elements of compensation costs (wages, salaries, and employer costs for employee benefits).86 A critical feature of the e c i design was the use of fixed employment weights by occupation and industry. This fea ture specifies measurement of labor cost changes in much the same way that the Bureau’s Consumer Price Index mea sures changes in the prices of a fixed market basket of goods https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis and services. Like the c p i , the e c i also yields subindexes (by broad occupational group, industry, union or nonunion status, and so forth) to provide insights into forces under lying overall wage and compensation cost trends. The e c i was developed in stages to meet its design ob jectives. Quarterly measures of wage and salary change for workers in the Nation’s nonfarm economy were first pub lished in 1976. The series was broadened to cover changes in total compensation costs (employee benefit costs in ad dition to wages and salaries) in 1980. The following year, the e c i was further expanded to cover State and local gov ernment workers. Over the 1976-84 period, the number of e c i subindexes increased from 21 to 85. The e c i — designated as a “ Principal Federal Economic Indicator” in October 1980— now provides measures of quarterly compensation cost changes for 78 million privatesector workers and 13 million State and local government employees. It currently excludes farm, household, and Fed eral workers, although coverage may be extended to these groups in the future. Prior to 1970, the Bureau conducted a wide range of surveys designed to shed light on the impact (or potential impact) of changes in the minimum wage and maximum hours provisions of the Fair Labor Standards Act ( f l s a ). The surveys, which developed data on employee wages and weekly hours of work, were narrowly focused on industries and areas judged to be most heavily affected by changes in the Federal minimum wage, such as men’s and boys’ shirt manufacturing, southern sawmills, retail trade, and nonmetropolitan areas of the South and North Central regions. The focus broadened in 1970 with the first Bureau study of distributions of hourly earnings and weekly hours of work for nonsupervisory employees in the private nonfarm econ omy. With this study— designed to estimate the number of workers whose wage rates would be raised in response to potential changes in the Federal minimum, and the conse quent increases in establishm ent wage bills— began a period of accelerated Bureau survey activity related to f l s a and funded by the Labor Department’s Employment Standards Administration ( e s a ). Subsequent years saw sev eral increases in the Federal minimum wage— from $1.60 to $2 an hour in May 1974 (the first adjustment since 1968), followed by a series of six adjustments that brought the minimum to $3.35 an hour on January 1, 1981. During the mid-1970’s, the Bureau conducted surveys of industries and occupations exempt from f l s a minimum wage and overtime coverage (including small newspapers; truckdrivers and helpers in local cartage; and executive, admin istrative, and professional employees).Survey results were used by e s a in judging whether an exemption should be continued, based on the effect it had on wages and hours of work for affected employees. In the case of executive, administrative, and professional employees, the survey was FLSA s u r v e y s . 25 MONTHLY LABOR REVIEW November 1984 • A Century o f Wage Statistics: BLS’ Contribution used to assist e s a in setting minimum salaries as one test for f l s a exemption. The 1977 f l s a Amendments created a Minimum Wage Study Commission to help “ resolve the many controversial issues that have surrounded the Federal minimum wage and overtime requirements since their origin in the Fair Labor Standards Act of 1938.” 67 The responsibility for research on f l s a amendments shifted to the Commission in 1978. The Commission’s request for Bureau surveys, which con tinued to be funded by e s a , resulted in broad-based studies similar to the 1970 survey of nonsupervisory employees in private industry. Also at the request of the Commission, the Bureau developed a panel study of establishments with which to gauge the effects of changes in the minimum wage on employee benefits within individual firms. The Bureau’s work on f l s a surveys and the panel study ended in 1981, as did the life of the Commission. Federal pay comparability. As shown earlier, the adoption by the Congress in 1962 of a comparability pay policy for Federal white-collar employees led to the conduct by the Bureau of an annual nationwide occupational survey of sal aries in private industry for use in policy implementation. The 1962 Act was amended by the Federal Pay Compara bility Act of 1970. Under the amended act, the Bureau’s annual study of Professional, Administrative, Technical, and Clerical Pay (the p a t c survey) continues to provide a statistical basis for policy considerations. Its results are used by the President’s Pay Agent (the Secretary of Labor and the Directors of the Office of Management and Budget and the Office of Personnel Management) in making annual recommendations to the President on pay adjustments needed to make salaries of Federal white-collar employees com parable to those of their private-sector counterparts. The Federal pay determination process, including the p a t c survey, is large, complex, and highly controversial.68 It now affects the pay of more than 3 million employees (including the military) and has substantial impact on the Federal bud get; every 1-percent increase in Federal pay scales costs about $1 billion. The magnitude of the costs involved and the controversy surrounding the determination process have triggered no fewer than six procedural reviews and evalu ations. Review of the process began with a General Accounting Office audit in 1972. Subsequent evaluations were con ducted by the President’s Panel on Federal Compensation (the Rockefeller Panel) in 1975, the Personnel Management Project (the Carter Administration’s task group on Federal Government reorganization) in 1977, the Grace Commission in 1982-83, the General Accounting Office again in 1983, and the Reagan Administration’s Cabinet Council on Man agement and Administration in 1984. The reviews generated a variety of recommendations for improving the pay deter mination process, including: 26 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • Expansion of the p a t c survey to cover smaller estab lishments and more private-sector industries; • Amendment of the 1970 Act to include State and local government workers in comparability surveys; • Determination of Federal white-collar pay compara bility on an area, rather than a national, basis for certain types of occupations, such as technical and clerical jobs; and • Consideration of employee benefits as well as pay in comparability determination. The recommendations from the 1972-77 reviews have already had direct impact on the Bureau’s p a t c survey. To date, improvements to the study include the establishment of national training programs for Bureau field representa tives, and expansion of coverage to the mining and con struction industries and to smaller establishments in a number of manufacturing industries. Pressure to consider employee benefits as well as pay in the comparability process grew as private-sector benefit costs approached 30 percent of total compensa tion costs in the late 1970’s. In 1978, the Bureau began construction o f a comprehensive data base on employee benefits in private industry.69 Developed from a survey o f detailed employee benefit plan characteristics, the data base has been used experimentally by the Office of Personnel Management in estimating the effect o f im plementing a Total Compensation Com parability con cept in the determ ination o f Federal employee renum eration.70 The annual survey of employee benefits was first con ducted in 1979, and has become one of the richest sources of employee benefit data ever developed. It is nationwide in scope and covers the same industries and establishment size groups as the p a t c survey. Data are collected on em ployee participation rates and detailed plan provisions for such benefits as paid leave, short- and long-term disability benefits, health and life insurance, and retirement plans. Shifting program priorities. Expansion and contraction of the Bureau’s wage statistics programs during 1970-84 fol lowed patterns of the past: Growth in periods during which the Federal Government had pressing need for more eco nomic intelligence or for data to administer Federal law, and cutbacks when dictated by budget constraints. Difficult priority decisions on cutbacks in wage programs included elimination of the biennial survey of employer expenditures for employee compensation; wage chronologies for about 30 major collective bargaining situations; union wage sur veys in construction, printing, local transit, local trucking, and grocery stores; municipal government wage surveys in the Nation’s 27 largest cities (initiated during the early 1970’s); and f l s a surveys. However, the period also brought de velopment and growth of the quarterly e c i series, construc tion of a rich data base on employee benefits, and expansion of the p a t c survey— all contributing to a better understand- ing of wages and compensation of the Nation’s working men and women. In retrospect There are many omissions in this review of 100 years of work by the Bureau in the compilation of wage statistics. But the main lines of development have been made clear, and it may not be inappropriate to recap briefly the signif icance of this effort. Without the Bureau’s surveys and studies, with all their limitations, we would know far less than we do about the money return for work during the past century in our highly complex and dynamic economy. The Bureau has provided a reasonably consistent body of information available from no other source. This reflects an underlying consistency and continuity of program, despite adaptations necessitated by fluctuating budgetary levels, special governmental require ments for survey data, changes in the industrial composition of the working population, and the increasing complexity of the wage bargain. In substantial measure, the wage statistics program has been shaped by Federal Government needs for information for administrative and policy purposes. But, in line with general Bureau policy, the results of surveys and studies consistently have been made available to the public. They have found extensive use over the years in wage determi nation through collective bargaining and employer personnel action, and in university and other private research. □ ■FOOTNOTES A c k n o w l e d g m e n t : The author thanks George L. Stelluto, currently Associate Commissioner for Wages and Industrial Relations, Bureau of Labor Statistics, for a careful review of the manuscript and for drafting the account o f the Bureau’s work in wage statistics between 1970 and 1984. 1See The Consumer Price Index: Concepts and Content Over the Years, Report 517 (Bureau o f Labor Statistics, May 1978). 2 For a description o f the early development of the average hourly and weekly earnings by industry series, see Hours and Earnings in the United States, 1 9 3 2 -4 0 , Bulletin 697 (Bureau of Labor Statistics, 1942), pp. 3 4 46. I Railroad mileage more than doubled between 1880 and 1900, reaching 198,694 miles in the latter year. See U.S. Bureau of the Census, Statistical Abstract, 1919, p. 797. 4U .S. Bureau of the Census, Historical Statistics o f the United States: Colonial Times to 1970, Series D 152-166 (Washington. U.S. Government Printing Office, 1975), p. 138. 5See particularly Francis A. Walker, The Wages Question (New York, Henry Holt & C o., 1876). 6Leo Wolman, Ebb and Flow in Trade Unionism (New York, National Bureau o f Economic Research, 1936), table 5, p. 16. 7Joseph Dorfman, The Economic Mind in American Civilization (New York, Viking Press, 1949), voi. 3, chap. vi. 8 Prior to 1884, about a dozen States had established labor bureaus, but few o f these had made any significant effort to compile wage statistics. 9 Joseph D. Weeks, “ Report on the Statistics of Wages in Manufacturing Industries,” Tenth Census, 1880, voi. XX (Washington, U .S. Government Printing O ffice, 1886). l0For a general account of Wright’s work, see James Leiby, Carroll D. Wright and Labor Reform: The Origin o f Labor Statistics (Cambridge, M ass., Harvard University Press, 1960). See also Wendell D. Macdonald, “ Carroll D. Wright and His Influence on the b l s , ” Monthly Labor Review, January 1955, pp. 3 -1 0 . II Lombardi goes so far as to say of Wright that “ largely as a result of his personal contacts with European statisticians at the sessions of the International Statistical Congress, of which he was a member, and through the influence of his reports, which were widely circulated, every European and Australian state created labor bureaus before the opening of the twen tieth century.” John Lombardi, Labor’s Voice in the Cabinet (New York, Columbia University Press, 1942), p. 48. See also E. H. Phelps Brown and M. H. Browne, “ Carroll D. Wright and the Development of British Labour Statistics,” Economica, August 1963, pp. 277-86. ^Commissioner of Labor, Fifth Annual Report, 1889, Railroad Labor, table 11, pp. 514-791. 15I b id , p. 75. l6These studies were published as the Sixth and Seventh Annual Reports of the Commissioner of Labor, 1890 and 1891, and dealt with the cost of production in a number of industries, including iron and steel, coal, textiles, and glass. 17For the 1840-91 wage series compiled by the Bureau for the Aldrich Committee, see Wholesale Prices, Wages, and Transportation, Report by Aldrich, 52d Cong., 2d sess., Report 1394, Mar. 3, 1893, parts 2, 3, and 4, table XII, pp. 293-1560. The Bureau also compiled wage rate data for 15 specified occupations in a large number of cities, and for important occupations in a few industries, for the 28-month period June 1889-September 1891. For these data, see Retail Prices and Wages, Report by Aldrich, 52d Cong., 1st sess., Report 986, July 19, 1892, part 3, table IV, pp. 1903-2009, and table V, pp. 2010-39. 18Aldrich Report, Mar. 3, 1893, part 1, p. 11. 19Ibid., pp. 110-77. 20E. H. Phelps Brown and Sheila V. Hopkins, “ The Course o f Wages in Five Countries, 1860-1939,” Oxford University Papers, June 1956, pp. 226-95; Clarence D. Long, Wages and Earnings in the United States, 1860-1890 (Princeton, N .J., Princeton University Press, 1960). 21 Wages in the United States and Europe, 1870-1898, Bulletin 18 (Bureau of Labor Statistics, September 1898). 22 Bureau of the Census, Long Term Economic Growth, 1860-1965 (Washington, U.S. Government Printing Office, 1966), appendix table A l, p. 166. 23Wolman, Ebb and Flow, table 5, p. 16. 24Commissioner of Labor, Nineteenth Annual Report, 1904, Wages and Hours o f Labor. 25Ibid., p. 9. 26Ibid., p. 20. 27 Paul H. Douglas, Real Wages in the United States, 1890-1926 (Boston and New York, Houghton Mifflin C o., 1930), p. 75. 28 For the Douglas index, see ibid, table 24, p. 108. The Douglas series on real, but not money, wages in manufacturing for the period 1890-1914 has been effectively revised by Albert Rees, Real Wages in Manufacturing, 1890-1914 (Princeton, N .J., Princeton University Press, 1961). 29 See Wages and Hours of Labor in Manufacturing Industries, 1890 to 1904, Bulletin 59 (Bureau of Labor Statistics, July 1905); similar articles for 1905, 1906, and 1907 appeared in Bulletin 65, July 1906; Bulletin 71, July 1907; and Bulletin 77, July 1908. 12Carroll D. Wright, “ The Evolution of Wage Statistics,” Quarterly Journal o f Economics, January 1892, pp. 158-59. 30 Wages and Hours o f Labor in the Cotton, Woolen, and Silk Industries, 1 890-1912, Bulletin 128 (Bureau of Labor Statistics, 1913). 13Commissioner o f Labor, First Annual Report, 1886, Industrial D epressions, text table, pp. 143-74; appendix A, pp. 295-410. 31 Union Scale o f Wages and Hours o f Labor, 1907 to 1912, Bulletin 131 (Bureau of Labor Statistics, 1913). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 27 MONTHLY LABOR REVIEW November 1984 • A Century o f Wage Statistics: BLS’ Contribution 32 “ Index Numbers o f Wages per Hour, 1840 to 1920,” Monthly Labor R eview , February 1921, pp. 7 3 -7 4 . 33 “ Index Numbers of Wages per Hour, 1840-1934,” Monthly Labor Review, August 1935, pp. 4 2 9 -3 0 . 34Industrial Survey in Selected Industries in the United States, 1919, Bulletin 265 (Bureau o f Labor Statistics, 1920). 35 Bureau o f the Census, Historical Statistics o f the United States: Co lonial Times to 1970, series D-86 (Washington, U.S. Government Printing Office, 1975), p. 135. The data on the civilian labor force apply to persons 14 years o f age and over. 36Handbook o f Labor Statistics, 1975-Reference Edition, Bulletin 1865 (Bureau o f Labor Statistics, 1975), table 158, p. 389. 37See H. M. Douty, “ The Development of Wage-Price Policies,” in Problem s and Policies o f Dispute Settlement and Wages Stabilization Dur ing World War II, Bulletin 1009 (Bureau of Labor Statistics, 1950), pp. 104— 54. 38The final publication in this series appears to have been Hourly En trance Rates o f Common Laborers in Large Cities, Spring and Summer o f 1943, Bulletin 775 (Bureau of Labor Statistics, 1944). 39No description o f the precise composition o f this index has thus far been located. 40The 1936 edition o f the Handbook o f Labor Statistics, Bulletin 616 (Bureau o f Labor Statistics, 1936), pp. 8 73-1090, contains brief sum maries o f Bureau and other wage studies published between 1931 and 1935. Similar summaries will be found in the 1941 edition o f the Handbook, Bulletin 694, vol. II, pp. 2 1 -3 6 9 , for the years 1936-40. 41 For Board policy on interplant inequities, see The Termination Report o f the National War Labor Board, vol. I (Washington, U .S. Government Printing Office, 1947), pp. 2 2 6 -3 9 . See also Robert J. Myers and Harry Ober, “ Statistics for Wage Stabilization,” Journal o f the American Sta tistical Association, December 1943, pp. 4 25-37; and Activities o f the Bureau o f Labor Statistics in World War 11 (Washington, U .S. Government Printing Office, 1947), pp. 8 6 -9 4 . 42Fact Finding Activities o f the Bureau o f Labor Statistics, Bulletin 831 (Bureau o f Labor Statistics, 1945), p. 14. 43Robert J. Myers, Harry Ober, and Lily Mary David, “ Wartime Wage Movements and Urban Wage Rate Changes,” Monthly Labor Review, October 1944, pp. 6 8 4 -7 0 4 . For the use of the index in appraisal of the wage stabilization program, see The Termination Report o f the National War Labor Board, vol. I, pp. 537-59. ■^Frances Jones Clerc and Eleanor K. Buschman, “ Trends in Urban Wage Rates, September 1947,” Monthly Labor Review, January 1948, pp. 4 5 -5 0 . 45 Because o f their publication in mimeograph form, the full reports on industry wage studies during the immediate postwar period are almost fugitive materials. They are on file at the Bureau and may perhaps be found in some university and public libraries. They are listed in A Catalogue o f the Wage Studies oj the Bureau o f Labor Statistics, January 1945-June 1948, a Bureau publication in mimeographed form prepared by Edward K. Frazier. 46Harry Ober, “ Occupational Wage Differentials, 1907-1947,” Monthly Labor Review, August 1948, pp. 127-34. 47 Joseph W. Bloch, “ Regional Wage Differentials, 1 9 0 7 -4 6 ,” Monthly Labor Review, April 1948, pp. 371 -7 7 . 48 The heightened academic interest in wage research is reflected in a conference report by Lloyd G. Reynolds on Research in Wages (New York, Social Science Research Council, 1948). The conference was at tended by leading academic students of wages and by Bureau officials responsible for the wage statistics program. 49See Joseph W. Duncan and William C. Shelton, Revolution in United States Government Statistics, 1926-1976 (Washington, U .S. Government Printing Office, 1978), pp. 3 2 -7 0 . 50 Major credit for the adaptation of probability sampling to universes o f establishments for occupational wage survey purposes belongs to Samuel E. Cohen, then statistician in the Bureau’s Wage Analysis Branch. 51 Some o f the thinking that went into the new program is reflected in 28 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis H. M. Douty, “ Conceptual Problems in the Development of an Adequate Program of Occupational Wage Statistics,” Proceedings, Industrial Re lations Research Association, 1950, pp. 220-30. 52 The results of these studies were summarized in Salaries o f Office Workers in Selected Large Cities, Bulletin 943 (Bureau of Labor Statistics, 1949). 53See H. M. Douty and Toivo P. Kanninen, “ Community Approach to Wage Studies,” Monthly Labor R eview, October 1949, pp. 1-6. 54For an account of the Bureau’s work for the wage stabilization effort during the Korean war, see Wage Stabilization Board, Wage Stabilization Program, 1950-1953, vol. II (Washington, Economic Stabilization Agency, 1953), pp. 181-99. 55 See Wage Differentials and Rate Structures Among 40 Labor Markets, 1 9 51-52, Bulletin 1135 (Bureau of Labor Statistics, 1953). Summary statistics for the 40 areas surveyed will be found in Wages and Related Benefits, 40 Labor Markets, 1951-52, Bulletin 1113 (Bureau of Labor Statistics, 1952). 56The report of the interagency committee may be found in House Committee on Post Office and Civil Service, Hearings on Revision o f M ajor Federal Salary Systems, part I, 87th Cong., 2d sess., pp. 7 9 -1 2 5 . 57 The summary report on the first round of surveys in the expanded labor market program appeared as Wages and Related Benefits, 60 Labor Markets, 19 5 9 -6 0 , Bulletin 1265-62 (Bureau of Labor Statistics, 1961). Coverage was expanded to 80 areas in the following year. For the initial report designed for use in Federal salary determination, see National Survey o f Professional, Administrative, Technical, and Clerical Pay, Winter 195960, Bulletin 1286 (Bureau of Labor Statistics, 1960). 58See Toivo P. Kanninen, “ New Dimensions in b l s Wage Survey Work.” Monthly Labor Review, October 1959, table 2, p. 1083, for a tentative list of the industries included in the survey proposal. 59Problems in Measurement o f Expenditures on Selected Items o f Sup plementary Employee Remuneration, Manufacturing Establishments, 1953, Bulletin 1186 (Bureau of Labor Statistics, 1956). 60Employer Expenditures fo r Selected Supplementary Remuneration Practices fo r Production Workers in Manufacturing Industries, 1959, Bul letin 1308 (Bureau of Labor Statistics, 1962). 61 Employee Compensation in the Private Nonfarm Economy, 1966, Bul letin 1627 (Bureau of Labor Statistics, 1969). 62See Alvin Bauman, “ Measuring employee compensation in U.S. in dustry,” Monthly Labor Review, October 1970, pp. 17-23. 63 The annual statistical summary of wage changes in major agreements has become quite elaborate. See William M. Davis and Joan D. Borum, “ Wage Adjustments Under Major Bargaining Agreements At All-Time Low in 1983,” Current Wage Developments, April 1984, pp. 4 5 -6 9 . 64As an example of a wage chronology, see Wage Chronology: The Firestone Tire and Rubber Co. and the B. F. Goodrich Co. (Akron Plants) and the Rubber Workers, ¡9 3 9 -1 9 7 9 , Bulletin 2011 (Bureau o f Labor Statistics, 1979). 65 See Area Wage Surveys: Metropolitan Areas, United States and Re gional Summaries, 19 7 3 -7 4 , Bulletin 1795-29 (Bureau of Labor Statistics, 1976), table A-28, pp. 8 7 -8 8 . 66The Employment Cost Index is published quarterly in news releases that are typically issued in January, April, July, and October. It also appears in Current W age D evelopm en ts and the M o n th ly L a b o r R eview , monthly publications of the Bureau. 67Report o f the Minimum Wage Study Commission, vol. 1, May 1981, Preface, pp. XIII-XIV. 68See George Stelluto, “ Federal pay comparability: facts to temper the debate,” Monthly Labor R eview , June 1979, pp. 18-28. 69See Robert Frumkin and William Wiatrowski, “ b l s takes a new look at employee benefits,” Monthly Labor Review, August 1982, pp, 4 1 -4 5 . 70 Dollar costs were calculated by o p m using mathematical and actuarial models that took account of the demographic characteristics of the Federal work force. See “ Total Compensation Comparability: Background, Method, Preliminary Results” (U .S. Office of Personnel Management, July 1981). BLS and the economy: a centennial timetable Edgar W e in b e r g Celebration of the b l s Centennial affords an opportunity to review the growth and development of the Bureau’s work in relation to changes in the American economy and society. Shifts in Bureau leadership, changes in objectives, and the evolution of programs following the Bureau’s inception are narrated in a study to be published by the Bureau in 1985. In what follows, pertinent facts and dates are presented in a Timetable of History, a format of a long span of years. It is intended to present briefly the historical context in which the Bureau has developed. The table presents events over the past 100 years under three headings: first, the commissioners and their terms of office, including the presidents who nominated them; sec ond, major activities of the Bureau of Labor Statistics; and third, selected economic and historic milestones. Among the major themes that emerge from this overview: increasing use of b l s programs in the administration of private and public stabilization programs, such as adjust ment of incomes to consumer price changes, allocation of public funds for unemployment assistance, and the regu lation of working conditions; the pursuit of economic sta bility through government intervention; the shift away from government action on the side of employers to a more neutral position in labor-management relations; and the persistence Edgar Weinberg, a consulting economist, formerly was Deputy Assistant Commissioner, Office of Productivity and Technology. William T.M oye, o f the Office o f Publications, assisted in the preparation of this historical timetable. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis and creativity of collective bargaining in dealing with prob lems of change. In addition to the forthcoming historical study, the time table draws on several other b l s publications for the sections on the Commissioners and Major Activities of the b l s : b l s Handbook o f Methods, Vol. I (Bulletin 2134-1, 1982); In formation Processing at BLS (Report 583, 1980); The Monthly Labor Review, and selected Bulletins. The Annual Reports of the Secretary of Labor, 1915-83, were also consulted. Other useful sources included: Ewan Clague, The Bureau o f Labor Statistics (New York, Frederick A. Praeger, 1968) and Joseph W. Duncan and William C. Shelton, Revolution in United States Government Statistics, 1926-1976 (Wash ington, U.S. Government Printing Office, 1978). The main sources for economic and historic milestones were: Richard B. Morris, ed., Encyclopedia o f American History, Sixth Edition (New York, Harper and Row, 1982); Arthur M. Schlesinger, Jr., general editor, The Al manac o f American History (New York, G. P. Putnam’s Sons, 1983); Lawrence Urdang, ed., The Timetables of American History (New York, Simon and Schuster, Inc., 1981). The dates of business cycle turning points are from the article by Geoffrey H. Moore, “ Business Cycles’’ in Douglas Greenwald, editor-in-chief, Encyclopedia o f Eco nomics (New York, McGraw-Hill Book Co., 1982) and the U.S. Department of Commerce’s Business Cycle Digest. Also consulted were Brief History o f the American Labor Movement ( bls Bulletin 1000, 1976) and Harold S. Roberts, Robert’s Dictionary of Industrial Relations (Washington, The Bureau of National Affairs, 1971). 29 MONTHLY LABOR REVIEW November 1984 • BLS and the Economy: a Centennial Timetable T erm s of com m ission ers M ajor bls activities C a r r o l l D. W r ig h t , 1885-89. 1884. Bureau of Labor is established in the Nominated by Chester A. Arthur. Department of the Interior. Officers appointed in 1885. 1886. Bureau publishes its first annual report, In d u s tria l D e p re s s io n s , with data on the United States, Great Britain, France, Belgium, and Germany. E conom ic and historic m ilestones 1884-85. Recession and wave of wage reduc tions spark strikes, especially on railroads. 1886. American Federation of Labor is orga nized by 25 trade unions with Samuel Gompers as president. Violence in Chicago’s Haymarket Square hurts 8-hour-day move ment and sets back the Knights of Labor. 1887. Congress establishes Interstate Com merce Commission to regulate railroad freight rates. 1888. Bureau becomes Department of Labor, independent but without Cabinet status. C a r r o ll D. W r ig h t , 1889-93. Renominated by Grover Cleveland. 1889. Jane Addams and Ellen Gates Starr found Hull House in Chicago to experience, investigate, and improve conditions faced by immigrants. Cabinet-level Department of Agri culture is established. 1890. United Mine Workers of America is es tablished. Congress passes Sherman Anti trust Act. 1891. Bureau begins surveys for Senate Fi nance (Aldrich) Committee study of imports and tariffs. Report published as R e ta il P ric e s a n d W a g e s (1892) and W h o le s a le P ric e s , W a g e s , a n d T ra n s p o rta tio n (1893). 1892. Recession begins, lasting 17 months before a short recovery. Violent confrontation erupts at Carnegie steel mill at Homestead, PA. C a r r o ll D. W r ig h t , 1893-97. 1893. Wright is appointed Superintendent of Renominated by Benjamin Harri the Census. son. 1894. Bureau annual report, T he S lu m s o f B a l tim o re , C h ic a g o , N e w York, a n d P h ila d e lp h ia , includes data on crime, literacy, nativity, health, and crowding, as well as occupations and earnings. 1894. Federal troops break Pullman strike. President appoints investigating commission with Wright as chairman. “Coxey’s Army” of unemployed march on Washington to demand a national public works program. 1895. Bureau publishes first issue of the bi monthly Bulletin of the Department of Labor. 1896. Supreme Court declares “separate but equal” doctrine in P le s s y v. F e rg u s o n . C a r r o ll D. W r ig h t , 1897-1901. Renominated by Grover Cleve land. 1897. Annual report, W o rk a n d W a g e s o f M e n , W o m e n a n d C h ild re n , was authorized by Congress to answer the question, “Are women and children replacing men?” 1898. Annual report, H a n d a n d M a c h in e L a b o r, was authorized by Congress to deter mine if the introduction of machinery depressed wages or caused widespread un employment. 30 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1897. “ Klondike Stampede” begins for Alas kan gold. 1898. Erdman Act passed, providing mediation and conciliation in railroad disputes by the Commissioner of Labor and the chairman of the Interstate Commerce Commission. U.S. fights war with Spain. In peace treaty, Spain cedes the Philippines, Puerto Rico, and Guam. T erm s of com m ission ers M ajor bls activities 1900. Law annexing Hawaii directs the Bureau to conduct periodic surveys of economic con ditions. C a r r o ll D. W r ig h t , 1901 -05. Renominated by Theodore Roosevelt. Retired in 1905. E conom ic and historic m ilestones 1900. Business, labor, and civic leaders orga nize National Civic Federation to promote conciliation and arbitration between capital and labor. 1901. Elbert H. Gary, financed by J. P. Mor gan, buys out Carnegie interests and com bines other firms to form the U.S. Steel Corp. 1902. Bureau begins publication of the Whole sale Price Index with data covering 1890 to 1901. 1902. Strike by Pennsylvania anthracite coal miners sparks Presidential concern and es tablishment of Anthracite Coal Strike Commis sion, with Wright as recorder. Permanant Bureau of the Census is established, then transferred to the Department of Commerce and Labor in 1903. 1903. President signs bill establishing the De partment of Commerce and Labor, with the Bureau of Labor as a part. Bureau presents data from massive retail price and budget studies, beginning the series on retail price of food. 1904. Annual report, W a g e s a n d H o u rs o f L a b o r, presents data on 519 occupations ob tained from 3,475 establishments in 67 industries. 1904. Supreme Court declares unconstitutional maximum hours law for bakery workers (L o c h n e r v. N e w Y ork). C h a r le s P. N e il l , 1905-09. Nominated by Theodore Roosevelt. 1906. Upton Sinclair exposes conditions in Chicago meatpacking plants in The J u n g le . The President sends Neill to investigate. American Association for Labor Legislation is founded. 1907. Bureau begins investigation of working conditions experienced by women and chil dren, resulting in a 19-volume study. 1908. Secretary assigns Bureau its first admin 1908. Supreme Court holds boycott by Dan istrative duties, arising from the Federal bury Hatters Union a restraint of trade prohib Workmen’s Compensation Act, the first such ited under the Sherman Antitrust Act. system to operate in this country. Supreme Court also upholds Oregon 10-hour law for women in M u lle r v. O re g o n , as de fended in the “ Brandeis brief.” C h a r le s P. N e il l , 1909-13. Renominated by Theodore Roosevelt. 1910. Bureau publishes study of phosphorus poisoning, leading to the elimination of white phosphorus in the manufacture of matches. 1910. Strike at Bethlehem Steel is investigated by the Bureau, which then undertakes a study of conditions in the iron and steel industry. 1911. Triangle Shirtwaist Co. destroyed by fire, causing the death of 146 workers and leading to establishment of the New York State Factory Investigating Commission. C h a r le s P. N e il l , 1913. Nominated by William H. Taft. Nominated by Woodrow Wilson. Resigned in 1913. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1912. Bureau publishes A c c id e n ts a n d A c c i d e n t P re v e n tio n (Vol. IV of Report on Condi tions of Employment in the Iron and Steel Industry), marking the birth of continuing an nual series in the iron and steel industry. 1912. Congress creates Children's Bureau. In dustrial Workers of the World leads success ful strike at textile mills of Lawrence, m a . Bureau of Labor investigates. 31 MONTHLY LABOR REVIEW November 1984 • BLS and the Economy: a Centennial Timetable T erm s of com m issioners 1913-17. Nominated by Woodrow Wilson, following a 3-month in terim during which G. W. W. Hanger served as acting com missioner. R o yal M eeker, M ajor BLS activities 1913. Congress establishes the Cabinet-level Department of Labor, with the Bureau of La bor Statistics, Bureau of Immigration, Bureau of Naturalization, and the Children’s Bureau. E conom ic and historic m ilestones 1913. Ford establishes moving assembly line system to mass produce M o d e l T ’s. Sixteenth Amendment, income tax, is ratified. Federal Reserve System is established. 1914. Clayton Act, “ Magna Carta of Labor,” is enacted, exempting unions from Sherman An titrust Act. Violent strike of coal miners in Lud low, co. leads to Federal troops and the appointment of a Presidential Commission. World War I begins in Europe. Start of a 44month business expansion. 1915. Bureau publishes revised series on re 1915. La Follette Seaman’s Act is passed reg tail and wholesale prices, and a report, “The ulating conditions of employment of maritime Making and Using of Index Numbers,” by workers. National Safety Council is founded. Wesley C. Mitchell (reprinted in 1921 in Bulle tin 284). First survey of unemployment is con ducted in New York City. First issue of M o n th ly R e v ie w is published (renamed M o n th ly L a b o r R e v ie w in 1918). Agreement is signed with New York State to collect data on factory employment, hours, and payrolls from employers. Bureau publishes national series on monthly basis. 1916. R o y a l M e e k e r , 1917-20. Renominated by Woodrow Wilson. Resigned in 1920. 1916. Four-year study of the status of labormanagement relations and the causes of in dustrial unrest is released by the Commission on Industrial Relations. Adamson Act passed establishing 8-hour day on interstate rail roads. 1917. Two year study begins on income and 1917. United States enters war. Railroads are expenditures of urban wage earners and cleri nationalized. Production is subjected to con cal workers to construct cost-of-living indexes trols imposed by War Industries Board, Food (first published in 1919). Administration, and Fuel Administration. Su preme Court upholds “yellow-dog” contracts. 1918. Business and labor leaders at Presi dent's Labor-Management Conference agree to maintain industrial peace for duration. The National War Labor Board is created to deal with disputes. U.S. Employment Service opens field offices. Armistice is signed in No vember. 1919. President’s Industrial Conference ends without agreement on right-to-organize. Presi dent establishes coal commission to arbitrate miners’ strike. 1920. 19th Amendment (women’s suffrage) is ratified. Congress establishes Women’s Bu reau in the Department of Labor. 1920-25. Recess appointment by Woodrow Wilson. Nominated by Warren G. Harding. Ethelbert S tew art, 1921. Bureau takes over series on building permits in major cities from U.S. Geological Survey. 1922. Bureau expands cooperative program with States in collecting employment statis tics. 1921. President's.,Gonference on Unemploy ment recommends local responsibility for un employment relief. “Guesses” of unemployment range from 3.5 to 5 million. 1923. Steel industry agrees to eliminate the 12hour day, following pressure from the Harding Administration. 1924. William Green becomes president of the AF of L. Restrictive immigration legislation is adopted. 32 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Term s of com m ission ers M ajor bls activities E conom ic and historic m ilestones Ethelbert Stewart,1925-29. Renominated by Calvin Coolidge. 1926. First annual indexes of labor productivity 1926. Railway Labor Act is enacted requiring are issued for autos, steel, and other selected employers to bargain collectively. Ford an industries. First edition of H a n d b o o k o f A m e ri nounces 8-hour day, 5-day week. c a n T ra d e U n io n s is published. American Sta tistical Association Committee reports on Employment Statistics for the United States. 1928. Bureau publishes H is to ry o f W a g e s in th e U n ite d S ta te s from C o lo n ia l Tim es. Con gress appropriates $100,000 to support ex panded work in employment statistics. Ethelbert Stewart, 1929-32. Renominated by Herbert Hoover. Retired in 1932 be cause of age. Charles A. Bald win served as acting commissioner. 1929. Series on labor turnover in manufactur ing is taken over from Metropolitan Life Insur ance Co. 1929. Prices on New York Stock Exchange collapse. Great Depression begins. 1930. President Hoover establishes Advisory Committee on Employment Statistics. 1930. Tariffs are raised substantially, by Hawley-Smoot Act. Bureau of Census conducts census of unemployment, April 1930. 1931. Bureau publishes special reports on un 1931. Congress passes Davis-Bacon Act re employment benefit plans in the United States quiring prevailing wages on Federal construc and abroad. tion. 1932. Norris-LaGuardia Act is enacted, re stricting Federal antiunion injunctions and out lawing “yellow-dog” contracts. Wisconsin adopts first unemployment insurance law. Re construction Finance Corp. is set up for emer gency financing of banks, insurance, and other failing companies. Bonus march on Washington is dispersed. Isador L ubin, 1933-38. After recess appointment by Franklin D. Roosevelt, nomi nated in 1934. \ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1933. b ls is designated agent to collect wage 1933. Unemployment is estimated at 25 per and hour data for formulating n r a codes. Av cent. Congress enacts recovery and relief leg erage hourly earnings and average weekly islation, and establishes Tennessee Valley hours are published for the first time by indus Authority. U.S. Employment Service is reorga try and for total manufacturing. nized under Wagner-Peyser Act. National In dustrial Recovery Act sparks union organizing drive. 1934. Congress appropriates money for new survey of income and expenditures towards revision of the cost-of-living index, the first since its introduction. 1934. New Deal legislation is enacted includ ing Home Owners Loan Act, Securities Ex change Act, National Housing Act. Division (later Bureau) of Labor Standards is estab lished in Labor Department to assist States. U.S. membership in ilo is approved. 1935. Study of company unions is conducted by newly organized Industrial Relations Divi sion. Bureau establishes Machine Tabulation Division to centralize data processing. 1935. Social Security Act and National Labor Relations Act are enacted into law. Commit tee for (later Congress of) Industrial Organiza tions is formed, with John L. Lewis as chairman, to organize mass production indus tries. Work Projects Administration ( w p a ) is created. 1936. Public Contract Act (Walsh-Healey) is enacted. 33 MONTHLY LABOR REVIEW November 1984 • BLS and the Economy: a Centennial Timetable T erm s of com m ission ers M ajor bls activities E conom ic and historic m ileston es 1937. Sit-down strikes in auto, rubber, steel, textiles, and other industries. United Auto Workers is recognized by General Motors; Steelworkers by U.S. Steel. 1938-42. Renominated by Franklin D. Roosevelt. After Lubin’s assign ment to the White House in 1940, the Bureau was super vised by A. Ford Hinrichs who served as acting commissioner. I s a d o r L u b in , 1938. Commissioner plays leading role in or ganizing investigation of industrial concentra tion by the Temporary National Economic Committee of Congress, with the Bureau con ducting several special studies. 1938. Fair Labor Standards Act is passed. 1939. World War II begins in Europe. Regular transatlantic air service is inaugurated. Con gress extends Social Security Act to provide survivors benefits. 1940. b ls introduces revised cost-of-living in dex, now released monthly. Congressional resolution authorizes continuing studies of la bor productivity by new Division of Productiv ity and Technological Development. Occupational Outlook Service is established. 1940. First peacetime draft is introduced. 1941. Lend-lease is started. U.S. enters the war in December, a f l and cio give no-strike pledge for duration. President creates Com mittee on Fair Employment Practices by exec utive order. 1942-46. Renominated by Franklin D. Roosevelt. Resigned irr 1946. I s a d o r L u b in , 1942. Regional offices are set up to serve emergency agencies, w p a sample survey of labor force is transferred to the Census Bu reau. 1942. Little Steel formula allowing 15-percent cost-of-living raise is adopted. 1943. Withholding of income taxes started. Government temporarily takes over railroads and coal mines to end strikes. 1944. Servicemen’s Readjustment Act (gi Bill) providing education, homeownership, small business, and other benefits is passed. 1945. Bureau renames cost-of-living index, 1945. “Consumers’ Price Index for Moderate In come Families in Large Cities.” Foreign Labor Problems Branch is organized for assistance to other countries in improving labor statistics. Expansion of employment statistics to provide State estimates is begun in regional offices. 1946-50. Nominated by Harry S Truman. 1946. Wave of strikes breaks out as wartime wage and salary controls end. Employment Act is passed committing government to pro mote “maximum employment and purchasing power” and creating the Council of Economic Advisors. E wan C lague, 34 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis End of World War II. 1947. First meetings of the Labor Research Advisory Committee and the Business Re search Advisory Committee, appointed by the Commissioner, are held. Report, 1 9 5 0 F u ll E m p lo y m e n t P a tte rn s , based on input-output, is published. 1947. Congress passes National Labor Rela tions Act (Taft-Hartley) over President's veto. Independent Federal Mediation and Concilia tion Service is set up, with “preventive media tion” role. T erm s of com m ission ers M ajor bls activities 1948. Bureau publishes first City Worker’s Family Budget. E conom ic and historic m ilestones 1948. First major contract with cost-of-living adjustment based on c p i is signed by General Motors and u a w . European Recovery Plan (Marshall Plan) is launched. 1949. First edition of the O c c u p a tio n a l O u tlo o k H a n d b o o k is published. All States are now cooperating with Bureau’s cooperative em ployment statistics program. 1950-54. Renominated by Harry S Truman. E w an C la g u e , 1950. Korean conflict begins. 1953. Bureau introduces revised Consumer Price Index. 1953. Armistice negotiated in Korea. 1954. b l s , Census, and Bureau of Employ ment Security establish procedure to release a unified monthly statement on the employ ment-unemployment situation. Bureau launches Federal-State cooperative program to collect statistics of labor turnover. First In terstate Conference on Labor Statistics is held. 1954. Supreme Court declares school segre gation a violation of equal protection clause of Constitution. 1951. Bureau introduces interim adjustments to the Consumer Price Index to prepare for wartime pressures and stabilization uses. 1955-59. Renominated by Dwight D. Eisenhower, after almost a year interim, during which Aryness J. Wickens served as acting com missioner. E w a n C la g u e , 1955. a f l and cio are merged, with George Meany as President. UAW-Ford agreement provides supplementary unemployment bene fit plan financed by the employer. 1958. Bureau installs first generation electronic 1958. Welfare and Pension Plan Disclosure computer ( ibm 650). Act, requiring financial reports on health, pen sion, and supplementary unemployment ben efits, is passed. 1959-63. Renominated by Dwight D. Ei senhower. E w a n C la g u e , https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1959. Full program and financial responsibility for “Monthly Report on the Labor Force” is assigned to Bureau; data collection, to Cen sus. Bureau publishes its first estimates of real output per man-hour in the private econ omy using the constant dollar gross national product. 1959. Labor-Management Reporting and Dis closure Act is adopted. Joint plans for job se curity and improvements are negotiated at the Kaiser Steel and Armour Co. 1960. First Professional, Administrative, Tech nical and Clerical pay survey is conducted. 1961. Report of Price Statistics (Stigler) Re view Committee is issued. Bureau sets firm release dates a full year in advance following criticism in 1960 election. 1961. Beginning of record 106-month business expansion. President’s Advisory Committee on Labor-Management Policy is appointed to deal with trade, tax, and related issues. 1962. Committee to Appraise Employment and 1962. Guideposts for noninflationary wage and Unemployment Statistics (Gordon) reports its price decisions based on productivity are pro findings supporting Bureau’s integrity and rec claimed by Council of Economic Advisers. ommending improvements. Manpower Development and Training Act is passed. Federal Salary Reform Act is adopted, linking salaries to those paid in pri vate industry as surveyed by the Bureau. 35 MONTHLY LABOR REVIEW November 1984 • BLS and the Economy: a Centennial Timetable Term s of com m ission ers 1963-65. Renominated by John F. Kennedy. Retired in 1965. Ewan C lague, M ajor bls activities 1964. New series of studies of collective bar gaining agreements including prevalence of different provisions is begun (Bulletins 14251-20). Revised c p i is published, based on 1960-61 survey of consumer expenditures. A r th u r M. R o s s , 1965-68. Nominated by Lyndon B. Johnson. Resigned in 1968. E conom ic and historic m ilestones 1964. “War on Poverty” is declared in Eco nomic Opportunity Act, providing work, educa tion, and loan programs for the disadvantaged. Title VII of the Civil Rights Act bars discrimination in hiring, employment, and apprenticeship. 1965. United States sends troops to South Vietnam. 1966. Report of the National Commission on Technology, Automation, and Economic Prog ress is issued after 2-year study. Health In surance of the Aged and Disabled (Medicare) is enacted. 1967. Bureau is reorganized (1966-67) follow ing study by management consultants. Data collection and processing are centralized. 1968. Age Discrimination in Employment Act covering persons 40 to 65 is approved. G e o ffr e y H. M o o r e , 1969-73. Nominated by Richard M. Nixon after 8-month interim during which Ben Burdetsky served as acting commissioner. Resigned in 1973. 1969. Bureau publishes employment projec 1969. Two astronauts walk on the moon. Mine tions based on National Industry-Occupational Safety and Health and Blacklung Acts are ap matrix, for use in developing State and local proved. projections. Experimental job openings and labor turnover survey is started (ended in 1974). 1970. The Occupational Safety and Health Act of 1970 is enacted. Secretary of Labor as signs Bureau broad responsibility for safety and health statistics. 1970. Recession with sharp price rise ends long expansion. 1971. Joint Economic Committee starts monthly hearings on employment situation with Commissioner and staff. 1971. Ninety-day wage and price freeze is im posed. Pay Board and Price Commission are set up (ended in 1974). 1972. Technical responsibility for developing concepts and methods for States to use in estimating unemployment rates is assigned to the Bureau. Consumer Expenditure Survey now conducted by Census for the Bureau, is shifted from annual to quarterly basis. 1973-77. Nominated by Richard M. Nixon, following a 4-month interim dur ing which Ben Burdetsky served as acting commissioner. J uliu s S h is k in , 1973. Federal Government Productivity Mea 1973. Comprehensive Employment and Train surement Program is authorized on a continu ing Act ( c e t a ) is passed to consolidate train ing basis. ing programs, with funds allocated by formula using b l s unemployment figures. 1974. c p i rises a record 12 percent following the 1973 oil embargo and worldwide food cri sis. President Ford calls “summit conference” to plan fight against inflation. 1975. U1-U7 array of unemployment mea sures first appears. Bureau adopts third gen eration computer system. 36 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1975. U.S. withdraws from Indo-China. Unem ployment peaks in May (9.2 percent) during the steepest recession since World War II. First automatic adjustments pegged to the c p i are made in social security benefits. T erm s of com m ission ers M ajor bls 1976. Bureau publishes initial Employment Cost Index as measure of change in the price of purchased labor services. Bureau also be gins the first comprehensive revision of the Wholesale Price Index (renamed the Pro ducer Price Index). 1977-78. Renominated by Jimmy Carter but dies in office. J uliu s S h is k in , J a n e t L. N o r w o o d , 1979-83. Nominated by Jimmy Carter. E conom ic and historic m ilestones activities 1976. U.S. celebrates its 200th birthday. 1977. Department of Energy is established. 1978. Bureau issues the revised c p i series, the 1978. Full Employment and Balanced Growth Act establishes policy goals. Airline deregula new cpt-u for all urban consumers and the tion is approved. traditional c p i - w for wage-earners and clerical workers. 1979. Bureau launches Continuing Consumer Expenditure Survey. National Commission on Employment and Unemployment Statistics (Levitan) issues report, as does the National Academy of Sciences Panel to Review Pro ductivity Statistics (Rees). 1979. Congress establishes Department of Ed ucation separate from the Department of Health and Human Services. Administration and a f l - c io sign “ national accord” on eco nomic policies. Congress guarantees loans to Chrysler Corp. 1980. c p i reaches peak (13.5 percent) in se 1980. Bureau publishes five experimental ries of double-digit annual increases, led by measures of homeownership, including the oil price rise. so-called c p i - x 1 or “ rental equivalence” mea sure. Expert Committee on Family Budget Revisions makes its report. 1981. Economic Recovery Tax Act reduces in come and corporate taxes and provides for automatic adjustment of tax brackets based on the c p i in 1984 tax year. Strike by air traffic controllers ends with dismissals. J a n e t L. N o r w o o d , 1983— . Renominated by Ronald Reagan. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1982. In appropriations reductions, 19 pro grams are cut or reduced, including labor turnover, family budgets, and analysis of la bor-management agreements and the union directory. 1982. Job Training and Partnership Act passed to replace c e t a . Recession causes highest unemployment rates since 1941 (10.7 percent). Antitrust suit against a t &t settled, with breakup of “Ma Bell” ordered. U.S. drops 13-year antitrust suit against ib m . 1983. Bureau publishes first measures of mul tifactor productivity (Bulletin 2178), and intro duces rental equivalence measure for homeowners’ costs in the c p i - u . It also starts new revision program for the c p i and accepts managerial responsibility for Federal/State la bor market information programs. 1983. Annual inflation rate, as measured by the c p i , reaches lowest level (3.0 percent) in over 10 years. 37 Communications Use of hourly earnings proposed to revive spendable earnings series Thom as E. W e is s k o p f In 1982, the Bureau of Labor Statistics announced the dis continuation of its statistical series on ‘‘real spendable weekly earnings of workers with three dependents,” which had long been used as an indicator of trends in the purchasing power of U.S. workers. This monthly series covered all production and nonsupervisory workers in the private nonfarm econ omy, and was based on data from the Bureau’s establishment survey and information on Federal income tax and social security contribution rates. According to the series, workers’ real spendable earnings grew rapidly from 1948 through the mid-1960’s, oscillated around a very slightly increasing trend for the next decade, and finally dropped sharply in the late 1970’s. By 1981, the last year for which data were published, average real spend able earnings had fallen to levels recorded during the late 1950’s. The implication that the average worker was no better off in the early 1980’s than in the late 1950’s was profoundly troubling to many economists. Evidence based on other statistical indicators (such as real per capita dis posable personal income, or the gross weekly earnings of male full-time workers age 25 and older) suggested no stag nation, let alone decline, in workers’ purchasing power. Economic statisticians were moved to scrutinize more care fully the real spendable earnings series, which had already begun to meet criticism during the early 1970’s, and they identified a number of apparently serious shortcomings. Criticism of the old series The chief concerns of the critics were summarized by economist Paul Flaim in a January 1982 article in the Monthly Labor Review.1 • Since the mid-1960’s, there has been a significant shift in the composition of the U.S. labor force, with both women and young workers accounting for an increasing share of the total. Both of these groups hold part-time bls Thomas E. W eisskopf is a professor of economics at the University of Michigan, Ann Arbor. 38 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • • • • jobs with much greater frequency than older male work ers, and tend to have lower paying jobs as well. As a result, a series based on average weekly earnings for all workers understates the rate of growth of (a) average hourly earnings, because hours worked per week have tended to decline; and (b) earnings of any given subgroup of workers (in particular male family breadwinners), be cause these better paid workers constitute a declining fraction of the labor force. Many of the assumptions made by the b l s in calculating the Federal income taxes paid by the “ typical” worker were no longer appropriate. Most importantly, the typical worker is no longer the head of a household with three noneaming dependents. Moreover, a sizable minority of workers itemize deductions on their tax returns, rather than taking the standard deduction as assumed in the calculation of the b l s spendable earnings series. The b l s did not make any allowance for State and local income taxes paid by workers, deducting from gross earn ings only an estimate of Federal income taxes and social security contributions. The b l s Consumer Price Index for Urban Wage and Cler ical Workers ( c p i - w ) , used to deflate current-dollar earn ings, was a misleading indicator of the impact of inflation on workers’ purchasing power, especially (but not exclu sively) because of its treatment of housing costs. The whole concept of “ spendable” earnings was inad equate. In addition to take-home pay, one should include in a measure of a worker’s economic well-being an es timate of the (not immediately spendable) benefits accru ing from (a) em ployer-provided medical insurance coverage and private pension plans; (b) social security benefits; and even (c) public services provided by Fed eral, State, and local governments. Some of the criticisms levied at the old spendable earnings series are no doubt justified. But others are far from com pelling. Following a discussion of the possible relevance of each of the points noted above, this article presents a new spendable earnings series that avoids the genuine shortcom ings of the discontinued b l s series. It is an indisputable fact that adult male workers constitute a decreasing fraction of the U.S. labor force. But the im plication that one should ignore declines in the average worker’s purchasing power that result from such a com positional shift (as opposed to declines in the average pur chasing power of particular subgroups of workers) strikes me as mistaken. While for certain purposes one may wish to inquire into the changing economic status of particular subgroups of workers, it is certainly a matter of general interest to know what has been happening to the purchasing power of the average worker, however the characteristics of that worker may be changing in other respects. Nevertheless, there has been a gradual decline in average weekly hours of work for production and nonsupervisory workers in the U.S. economy, in part because of the chang ing composition of the labor force, and trends in weekly earnings therefore do not accurately reflect trends in hourly earnings. Because workers presumably derive greater ben efits from the same income if it is received for fewer hours of work, having thereby more time available for other pur suits, it would appear to make more sense to base a measure of workers’ purchasing power on hourly rather than weekly earnings. There are also problems in using tax formulas applicable to a household with one earner and three dependents, when the structure of the typical U.S. household has changed so much in recent decades. And it would be desirable to avoid the rather arbitrary assumptions about the Federal income tax return of the typical worker that b l s made in its cal culations. Thus, there is a clear need for an alternative approach to measuring the fraction of workers’ earnings that is paid in Federal income taxes. One would also want to take into account the State and local income taxes paid by workers, given the increasing importance of these taxes both in absolute terms and relative to Federal income taxes. There is continuing debate about the relative merits of the c p i - w and alternative deflators, such as the Personal Consumption Expenditure ( p c e ) deflator from the U.S. Na tional Income and Product Accounts, as a measure of trends in the purchasing power of a dollar of wages.2 The c p i - w has been criticized for its treatment of housing costs; but it does have an advantage over the p c e series as a deflator for production and nonsupervisory workers’ earnings in that its “ market basket” of goods and services is designed to rep resent the purchases of the typical worker of this kind rather than the typical consumer. This issue might best be ad dressed by presenting and comparing estimates of workers’ real purchasing power calculated with alternative deflators. Finally, criticism of the whole concept of spendable earn ings as an inadequate measure of a worker’s economic well being has undeniable merit. It should be noted, however, that once one opens up this welfare economist’s Pandora’s Box, there are a host of other considerations that begin to suggest themselves. Deferred income or benefits in kind do not exhaust the factors that contribute to the overall eco nomic well-being of a worker; it would be impossible to enumerate all the relevant factors, let alone measure their significance with any accuracy. Under the circumstances, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis it would appear most desirable to track certain measurable indicators— such as spendable earnings— while keeping quite clearly in mind their meaning and their limitations. This 1 propose to do here; estimating the average worker’s nonspendable earnings or benefits of any kind is beyond the scope of this article. A new spendable earnings series To chart trends in the purchasing power of U.S. workers, I have developed a new annual time series measuring the average real spendable hourly earnings of production and nonsupervisory workers in the nonagricultural private busi ness sector. The new series is not prone to the bias inherent in a weekly earnings series because it focuses on hourly earnings; it avoids the problems encountered by the b l s statisticians in working with Federal income tax formulas for typical families by making use of direct estimates of the actual effective rate of income taxation on earners of the relevant income size class; and it includes a (rough) allow ance for State and local income taxes. The basic series is deflated using the c p i - w but, for purposes of comparison, an alternative series obtained using the fixed-weight p c e deflator also is presented. The basic annual series is calculated by deflating the b l s series on average gross hourly earnings of production and nonsupervisory workers in all private nonagricultural estab lishments by the c p i - w to obtain the corresponding average gross real hourly earnings series.3 The real earnings series is then multiplied by (1 -TRSS-TRFI-TRSI), where TRSS is the estimated effective social security tax rate on the average worker’s annual earnings; TRFI is the estimated effective Federal income tax rate on the average worker’s annual earnings; and trsi is the estimated effective State and local income tax rate on the average worker’s annual earnings. The above tax rates are estimated as follows. First, the average worker’s annual earnings are estimated by multi plying the b l s series on workers’ average gross hourly earn ings by 52 times the corresponding b l s series on average weekly hours. Then: • TRSS is first set equal to the social security personal con tribution rate for each year (expressed as a fraction of unity). The average worker’s annual earnings are then compared with the maximum taxable wage for social se curity contributions; in years for which the former exceeds the latter, TRSS is set equal to the social security personal contribution rate multiplied by the ratio of the latter to the former.4 • trfi is set equal to the effective Federal income tax rate on a taxpayer with an adjusted gross income equal to the average worker’s annual earnings. This tax rate is deter mined using published Internal Revenue Service ( i r s ) data on sources of income, deductions, and tax items by size of adjusted gross income (for taxable returns only). “ To tal income tax” (after credits) is expressed as a fraction of “ adjusted gross income” (less deficit) for each income 39 MONTHLY LABOR REVIEW November 1984 • Communications size class, and the effective tax rate for the average work er’s annual earnings level is determined by interpolation between the tax rates for each income size class (attributed to the midpoints of the respective classes).5 TRSI is roughly approximated by multiplying TRFl by the ratio of total annual State and local government income tax receipts to total annual Federal government income tax receipts.6 • The resulting annual real spendable hourly earnings series from 1948 to 1981 is presented alongside the original b l s annual real spendable weekly earnings series in table 1. To facilitate comparison, an index (1948 = 100) is also shown for each series, and the two indexes are plotted against time in chart 1. According to the chart, the two series are not all that dissimilar. In both cases, spendable earnings rise rapidly from 1948 to 1965, oscillate around a much more modestly rising trend until 1977 (peaking in 1972), and then drop sharply from 1977 to 1981. By 1981 (the last year for which data are available in both series), the new series has fallen lower than at any time since 1963, and the old series is at its lowest level since 1958. The main difference is that the new series rises slightly more rapidly over the postwar period as a whole. About half of this difference is attributable to the fact that workers’ average weekly hours declined fairly Tab le 1. bls w eekly spendab le earnings series and new h ourly spendab le earnings series, 1 9 4 8 -8 1 bls weekly Year 1948 . . . 1949 . . . spendable earnings series Index 1977 dollars (1948 = 100) New hourly spendable earnings series Index 1977 dollars (1948 = 100) $122.19 126.56 100.00 103.58 $2.83 2.98 100.00 105.14 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 ... ... ... ... ... ... ... ... ... ... 131.08 130.05 132.12 136.76 137.05 143.46 146.92 145.93 144.88 149.40 107.28 106.43 108.13 111.92 112.16 117.41 120.24 119.43 118.57 122.27 3.07 3.03 3.07 3.23 3.30 3.43 3.55 3.58 3.60 3.67 108.28 107.05 -*■ 108.54 113.92 116.45 121.03 125.22 126.42 127.13 129.67 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 ... ... ... ... ... ... ... ... ... ... 149.20 150.77 154.29 155.56 161.27 166.28 165.41 164.90 165.99 165.27 122.10 123.39 126.27 127.31 131.98 136.08 135.37 134.95 135.85 135.26 3.72 3.76 3.85 3.87 4.01 4.14 4.13 4.18 4.22 4.22 131.34 132.89 135.90 136.76 141.46 146.03 145.90 147.60 149.00 148.84 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 ... ... ... ... ... ... ... ... ... ... 163.65 168.31 176.35 173.78 165.37 164.02 166.00 169.93 167.95 162.49 133.93 137.74 144.32 142.22 135.34 134.23 135.85 139.07 137.45 132.98 4.25 4.37 4.54 4.48 4.31 4.26 4.34 4.43 4.40 4.26 149.97 154.46 160.23 158.18 152.19 150.53 153.38 156.46 155.48 150.53 1980 . . . 1981 . . . 151.65 147.05 124.11 120.35 4.03 3.93 142.39 138.65 40 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis steadily from 40.0 in 1948 to 35.2 in 1981.7 The new spendable earnings series thus paints just as troubling a picture of recent trends in purchasing power as the discontinued b l s series. The fact that the average U.S. worker has suffered a significant decline in real spendable earnings cannot be dismissed as a statistical illusion attrib utable to deficiencies in the b l s methodology; rather, it reflects a genuine deterioration in an important element of the average worker’s economic well-being. Some additional data Developments over time in the statistical series under lying the new spendable earnings series also are of interest. First, chart 2 plots real gross hourly earnings against real spendable hourly earnings (gross earnings less estimated taxes). Note that the gross earnings series displays a pattern similar to that of the spendable earnings series, except that the slowdown after the mid-1960’s and the decline after 1973 are not as marked. This is clearly due to the fact that the ratio of spendable to gross earnings fell significantly from the mid-1960’s on. Chart 3 shows trends in the three effective tax rates t r s s , t r f i , and TRSI, as well as the total of the three, between 1948 and 1981. The steady rise of the effective social se curity contribution rate is clearly evident. The effective Fed eral income tax rate oscillates around a more-or-less constant rate after rising during the Korean War, but the correspond ing State and local income tax rate shows a distinct longrun upward trend (especially from the mid-1960’s on).8 Finally, chart 4 compares the time pattern of the basic new spendable earnings series with that of an alternative spendable earnings series deflated by the fixed-weight p c e deflator rather than the c p i - w . 9 The overall shape— and the turning points— of the two series plotted in the chart are very similar. However, the PCE-deflated series does not turn down quite as sharply after 1972 and after 1977. As a result, it peaks in 1977 rather than in 1972, and its 1981 value is the lowest since 1969, rather than since 1963. Because the fixed-weight p c e deflator did not rise nearly so rapidly over the past decade as the c p i - w , its use in calculating a real earnings series yields a smaller decline in purchasing power since 1972. But the alternative series still conveys a very discouraging impression of the trend in workers’ purchasing power in recent years. Conclusion The new annual time series for the average real spendable hourly earnings of production and nonsupervisory workers in the nonagricultural private business sector of the U.S. economy avoids some of the shortcomings for which the discontinued b l s series has been criticized. And, over the postwar period, it displays a slightly more rapid rate of growth in workers’ purchasing power. However, like the old b l s series, the new one indicates that purchasing power declined sharply through the late 1970’s to reach a 1981 Chart 1. Indexes of real spendable earnings, BLS series and new series, 1948-81 Chart 2. Gross and spendable real hourly earnings, 1948-81 1977 dollars (1948 = 100) Chart 3. Trends in effective rates of taxation on gross earnings, 1948-81 Percent https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Chart 4. Trends in the new spend able earnings series using alter native deflators, 1948-81 (1948=100) 41 MONTHLY LABOR REVIEW November 1984 • Communications level roughly comparable with that recorded some two dec ades earlier. There are a number of respects in which the new series could be improved. First, it would clearly be desirable to have the values available on a monthly as well as an annual basis, as in the case of the old b l s series. To calculate monthly values for the new series, one would only have to deflate b l s monthly estimates of workers’ average gross hourly earnings by the c p i - w . The resulting monthly ob servations could then be multiplied by the ratio of spendable to gross earnings (1 - t r s s - t r f i - t r s i ) applicable to the year in question.10 Second, the new procedure suffers from its dependence on published i r s Federal income tax data for the estimation of t r f i and t r s i . Because these data, even in preliminary form,11 are usually available only after a lag of 1 to 2 years, it is not possible to provide monthly observations on the same current basis as the old b l s series. To minimize this problem, it would be necessary to develop a more approx imative procedure for estimating the current effective Fed eral income tax rate on the average worker’s annual earnings. This could be done by extrapolating from the most recently available annual observation using data on legislated rates of Federal income taxation, thus borrowing from the old b l s methodology for the purpose of providing timely pre liminary figures. Third, there are some problems in using the effective Federal income tax rate on the average worker’s annual earnings to calculate t r f i . For example, if the typical worker has some non wage income in addition to his or her wages, the effective tax rate on that worker’s total income will be understated because of the progressivity of the tax structure. Also, if there are among the tax returns in the relevant income size bracket some that have been filed jointly by two-earner couples, the effective tax rate on that income class will understate the tax rate that would be applicable to workers who are sole wage-earners in their taxpaying unit. (The latter rate is the relevant one for the purpose at hand.12) Thus, the procedure I have used to estimate t r f i is subject to a slight downward bias, and spendable earnings are correspondingly overestimated. However, given the very modest progressivity of the Federal income tax structure and the relatively small fraction of workers for whom the above considerations are likely to apply, the bias is surely very minor. Fourth, the method I have used to estimate the impact of State and local income taxation is very rough. A detailed examination of State income tax data might yield improve ment upon my simplifying assumption of proportionality between Federal and State and local income taxation across all income classes. However, the evidence in chart 3 in dicates that t r s i is substantially less significant than either TRSS or TRFI\ thus, any bias due to the rough methodology is unlikely to have much of an impact on the spendable earnings series. 42 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Finally, as one can tell by comparing the two series shown in chart 4, the choice of an appropriate earnings deflator is an important one for a real purchasing power series— especially for assessing trends during periods of rapid in flation such as the 1970’s. Because both the c p i - w and the p c e deflator have their weaknesses, further efforts to develop a better deflator for evaluating workers’ real spendable earn ings are clearly warranted.13 Q ----------FOOTNOTES---------A ck n o w led gm en t: The author thanks Samuel Bowles and David M. Gordon, who contributed significantly to the development of this article in the context of joint research on the U.S. economy. 'Paul O. Flaim, “ The spendable earnings series: has it outlived its usefulness?” Monthly Labor Review, January 1982, pp. 3 -9 . 2 For recent contributions to this debate, see Daniel J.B. Mitchell, “ Does the C P I exaggerate or understate inflation?” Monthly Labor Review, May 1980, pp. 31-33; Jack E. Triplett, “ Does the c p i exaggerate or understate inflation? Some observations,” Monthly Labor Review, May 1980, pp. 3 3 35; and Janet L. Norwood, “ Two Consumer Price Index issues: weighting and homeownership,” Monthly Labor Review, March 1981, pp. 5 8 -5 9 . ’ Unless otherwise indicated, all subsequent references to “ workers” will be understood to apply to production and nonsupervisory workers in private nonagricultural establishments. The b l s series on workers’ average gross hourly earnings is published on a monthly basis in the Monthly Labor Review and in Employment and Earnings', an annual series starting in 1947 is reported in the 1983 Economic Report o f the President (Washington, U.S. Government Printing Office), table B -3 8 . The C P i - w is published in both its monthly and annual forms in the Monthly Labor Review and in the annual supplement to Employment and Earnings. 4 Both the social security contribution rate and the maximum taxable wage are available on an annual basis from the U.S. Bureau of the Census, Statistical Abstract o f the United States (Washington, U.S. Government Printing Office), and other sources. ’ The required data are published annually in Internal Revenue Service, Statistics o f Income: Individual Tax Returns (Washington, U.S. Govern ment Printing Office). In the 1980 volume, sources of income are given in table 1.3, tax payments in table 3.6, and the effective tax rate in table 1. 1. 6The required tax receipt data are reported in U.S. Office of Business Economics, U.S. National Income and Product Accounts (Washington, U.S. Government Printing Office), tables 3.2 and 3.3. ’ These data are from the 1983 Economic Report o f the President, table B -3 8 . The 12-percent drop in average weekly hours compares with a 1948-based index number in 1981 that is 25 percent higher for the new series than for the b l s series. 8It is interesting to note that, although production and nonsupervisory workers in the private nonagricultural sector are taxed at a lower average rate than taxpayers as a whole, the rate differential has not been very great. Data from the n i p a on personal income taxes paid to the Federal Govern ment (U.S. National Income and Product Accounts, table 3.2) and on total personal income (table 2.1) show that the average overall Federal income tax rate was generally from 1.1 to 1.15 times the estimated effective rate for the relevant workers. The existence of the differential is of course due to the progressivity of the Federal income tax system; its small size is an indicator of the modest nature o f this progressivity, for the workers’ average annual earnings have remained well below the average per capita personal income of all U .S. taxpayers. 9Because n i p a fixed-weight deflators are available only from 1959 on, I spliced the fixed-weight deflator (from U.S. National Income and Product Accounts, table 7.2) onto the implicit deflator (from table 7.1) at 1972 to obtain a complete series from 1948 to 1981. This seemed a reasonable choice, because 1972 is the base year for all the n i p a price indexes and there was relatively little inflation prior to 1972. 10If and when the social security contribution rate changes during the course of a year rather than at the end, it would be easy to make the corresponding changes for the relevant months according to the procedure outlined above for estimating t r s s . "Roughly a year before publishing the final annual volume. Statistics o f Income: Individual Tax Returns, the Internal Revenue Service issues preliminary estimates of adjusted gross income, income tax paid, and so forth, in its quarterly publication, the sot Bulletin. But these preliminary estimates are for all returns, not taxable returns only. The latter are clearly preferable for the purpose at hand; if tax rates are to be estimated from the former, they must therefore be adjusted to control for the slight dif ferential that is observable between estimates based on all returns and on taxable returns only. On the basis of such preliminary tax rate estimates, the 1982 figure for the basic new hourly spendable earnings series is approximately $3.96 (in 1977 dollars). 12Workers receiving the average wage who are in two-earner households filing jointly will have returns appearing in a higher income class bracket, but they will pay taxes at roughly the same rate as workers who are sole wage-earners in the lower income size class. 13The recent change of the homeownership component of the b l s index to a rental-equivalence measure surely represents a step in the right direc tion. Proposed spendable earnings series retains basic faults of earlier one P a u l O . F l a im On the surface, the new spendable earnings series proposed by Professor Weisskopf appears to be a considerable im provement over the series published by the Bureau of Labor Statistics until 1981. Upon close scrutiny, however, the proposed series is found to share some of the basic defi ciencies that led to the discontinuation of the old one. Because the proposed series uses gross hourly earnings as its principal ingredient, it is certainly free of much of the downward pressure on earnings levels that the secular de cline in the length of the workweek had applied to gross weekly earnings averages, the backbone of the old spendable earnings series. The fact that Professor Weisskopf attempts to account for average deductions for State and local income taxes— in addition to those for Federal income taxes and social security contributions— marks another departure from the old series. Because of these changes— and, 1 suspect, primarily be cause of the first one— Professor Weisskopf s series does show a somewhat steeper upward trend in spendable earn ings over the 1950’s and 1960’s than did the discontinued b l s series. To this extent, the new series would appear to yield a more accurate picture of the actual trend in earnings for the average full-time worker than was given by the old series, which was being held down by the expansion of the part-time work force. Of more interest, however, is what the two series tell us about the changes in spendable earnings after both turned downward from their 1972 peaks. Specifically, while the Paul O. Flaim is Chief of the Division of Data Development and Users’ Services, Office of Employment and Unemployment Statistics, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis old b l s series showed a decline of 16.6 percent in real spendable earnings during the 1972-81 period, Professor Weiss kopf’s new series shows a somewhat comparable decline of 13.5 percent over the same period. (See chart 1, p. 41 .)The fairly parallel movement of the two series over this period can lead to only one conclusion. If the old series was biased downward in portraying the trend in spendable earnings for the average worker during the 1970’s— and there was ample evidence indicating a large bias— then the new one, al though constructed differently, must also be seriously biased downward for the period in question. It must be remembered that the 1970’s were a period during which the age-sex composition of the work force was changing significantly, with the proportions accounted for by women and youth growing very rapidly. The fact that many of these newcomers to the job market took only part-time jobs had an obvious dampening effect on the weekly earnings average for all workers. But the hourly earnings average was also affected— in similar direction, if not in similar magnitude— by the changing mix of workers and by the growing proportion receiving lower, entry-level wages. The extent to which the changing mix of workers affected the overall earnings average is difficult to quantify. How ever, some notion of its impact can be obtained merely by comparing the earnings trends for all workers with the sep arate trends for men and women. The tabulation below shows the percent changes— in constant dollar terms— over the 1972-81 period both for the payroll-derived series on gross weekly and hourly earnings' (which do not provide any information by sex) and for the household survey-de rived series on weekly earnings,2 which are available with some age-sex detail: P e rc e n t ch a n g e, 1 9 7 2 -8 1 Payroll series: Mean gross weekly earnings ............................ Mean gross hourly earnings.............................. —14.3 -9.9 Household series: Median usual weekly earnings of full-time workers: Total ................................................................ —8.6 Men, age 25 Women, age Men, age 16 Women, age and o v er................................... -2.8 25 and o v er.............................. - 1.4 to 2 4 ............................................ —11.6 16 to 2 4 .................................... —12.6 While all of these earnings trends point downward for the period in question, the gross weekly earnings series, which was the cornerstone of the b l s spendable earnings series, shows a drop that far exceeded the decline in weekly earnings among most full-time workers as measured in the household survey. And the decline in gross hourly earnings, although somewhat smaller, also appears to overestimate by a considerable amount the true decrease in real earnings among most workers. While the household series on median weekly earnings for all full-time workers did show a decline almost as large 43 MONTHLY LABOR REVIEW November 1984 • Communications as that found in the payroll series on gross hourly earnings, such was not the case for the medians for workers age 25 and over. For these workers— who still make up the bulk of the U.S. work force, and who are still visualized as the “ typical” or “ average” workers— real median weekly earnings showed only minimal declines over the 1972-81 period. Only for persons 16 to 24 years of age, who are but a small portion of the full-time work force, was the drop in weekly earnings of the same magnitude as the changes shown by the two payroll series. The above comparisons raise serious questions as to whether an earnings average for all worker groups combined is a good indicator of the long-term trend in the earnings of most workers, particularly over periods when the composition of the labor force is changing rapidly. The problem is that the changes in the earnings averages for a given group o f work ers are not always representative of the changes in the earn ings o f the “average worker” in the group. To illustrate, take the following example of a group of workers, consisting initially of five persons and expanding subsequently to six, with their individual earnings behaving as follows: E a rn in g s in — In d iv id u a l w o rk e rs No. No. No. No. No. No. 1 2 3 4 5 6 In itia l p e r io d S u b seq u en t p e r io d $5.00 4.00 4.00 4.00 3.00 $5.50 4.40 4.40 4.40 3.30 — 2.00 P e rc e n t ch a n g e 10.0 10.0 10.0 10.0 10.0 — in the earnings of the average worker.) The use of aggregate numbers is the basic problem with Professor Weisskopf’s analysis, but it is not the only issue complicating the analysis of earnings trends and the com putation of a “ spendable earnings” series. The fact that more and more of a worker’s remuneration—or an em ployer’s labor cost4— is in the form of fringe benefits which are not captured in most earnings data renders the meaning of any “ spendable earnings” series ever more difficult to conceptualize and explain. And the anchoring of such series to the earnings information from the establishment survey— which is the case for the proposed series as it was for the old one— handicaps them with yet other limitations. For example, the computation of the tax burden is seriously hindered by the lack of any information on family com position and total family income. And coverage would be limited to production and nonsupervisory workers in the private sector— a still large but gradually declining pro portion of the work force. A better alternative to such series is now available in the form of the studies of “ after-tax money income” initiated recently by the Bureau of the Census. These studies, based on microdata from the Current Population Survey, provide very detailed estimates of the year-to-year changes in the purchasing power of U.S. workers and of the differences in purchasing power among the principal population groups.5 While these studies do not yet provide us the historical perspective on spendable earnings that Professor Weiss kopf’s series attempts to give us, they are built on much more solid foundations. □ ----------FOOTNOTES---------- Average $4.00 $4.00 In this case, the earnings average for this group of workers has not changed at all between the two periods. But could we say the same with regard to the earnings of the average worker in this group? Would we not have to conclude that the average worker enjoyed a 10-percent increase in earnings regardless of what is shown by the average for the group?3 (Incidentally, an analogous situation could well develop in those industries where, on the basis of recently concluded contracts, newly hired workers are brought on at wages much lower than those received by workers already on board. In other words, the institution of a two-tier wage system may bring down the earnings average for the industry with out a decline in the earnings of any of the individual workers.) S u m m i n g u p , in examining earnings trends it is important to go beyond the overall averages and to disaggregate the data as far as possible. While we cannot actually track the earnings of individual workers (except in isolated experi ments), disaggregation of the data by sex, age, or other characteristics becomes vital when we are dealing with long term trends spanning decades. (Where such disaggregations are not possible, we should be careful not to automatically equate the changes in earnings averages with the changes 44 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1The “ payroll” data on earnings are derived from a monthly b l s survey o f about 200,000 establishments. They relate to earnings on jobs held by “ production and nonsupervisory workers in the private nonfarm sector.” These jobs make up about two-thirds of all nonfarm payroll jobs in the United States. 2The “ household” data on weekly earnings are obtained through ques tions currently asked monthly in one-fourth o f the 60,000 households which make up the sample for the Current Population Survey ( c p s ) . These data— which relate to wage and salary workers in all sectors of the economy— are then accumulated into quarterly averages for publication and analysis. Prior to 1979, these data were obtained only once a year, each May, but from the entire c p s sample. With regard to this series, the numbers in the text tabulation relate to the changes between the medians for May 1972 and those for the second quarter of 1981. 3This illustration could be made even more dramatic by assuming, in addition, that one of the original workers— say, number 4— was replaced through normal attrition by a new worker who was also brought on board at $2 an hour. In this case, the group’s average hourly earnings would actually decline by 10 percent, to $3.60, although all the survivors o f the original group of five would have obtained a 10-percent increase. 4 The Bureau of Labor Statistics is now publishing a quarterly report on the trends in the total costs per hour worked for employing labor. This report on the “ Employment Cost Index” ( e c i ) traces percent changes not only in wages and salaries but also in total compensation, which includes the employer costs for employee benefits in addition to the wage and salary expenses. And, to the extent that the e c i is a fixed-weight index, it is not affected as much as other earnings series by changes in the industrial or occupational mix of the work force. 5 See, for example, After-Tax Money Income Estimates o f Households: 1981, Series P -2 3 , No. 132 (Bureau of the Census, February 1984). Research Summaries Incomplete experience rating in State unemployment insurance D enton M arks By now it is well established that the existence of unem ployment insurance (ui) affects decisions on both the supply and demand sides of the labor market. Theoretical work on such effects has appeared within the past decade, and em pirical tests of the basic theoretical propositions have ap peared more recently.1 On the supply side, the tendency of the availability of ui benefits to extend the duration of nom inally involuntary unemployment and perhaps to increase labor force participation and improve the success of job search as evidenced by wage gains of job changers has been examined and supported by recent research.2 A link between the existence of ui and labor demand has been demonstrated by examination of the system of expe rience rating— or incomplete experience rating— used to finance benefits in most States. In the United States, States finance ui benefits through a payroll tax on covered em ployers. In the context of such a financing system, expe rience rating is the use of payroll tax rates that change inversely with the stability of an employer’s labor demand, where that stability is indicated by a measure such as a “ reserve ratio” — the employer’s accumulated contributions to the system less his accumulated liability in the form of paid-out benefits, with the difference expressed as percent age of his average taxable payroll over some period. In complete experience rating limits the allowable tax rates to a relatively narrow range; for example, no State tax rate currently exceeds 10 percent of taxable payroll, and most States have a nonzero minimum rate. The intuitive argument about the effect of incomplete experience rating on labor demand, or more particularly layoff rates, begins with the realization that many employers assigned either the minimum or the maximum ui payroll tax rate have a zero marginal tax cost of an extra layoff. Those assigned the minimum rate will be contributing to Denton Marks is a professor with the Faculty of Commerce, Policy Analysis Division, at the University of British Columbia, Vancouver. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis pa d i a a a o the system regardless of their benefit liability. To the extent that they accumulate reserves beyond those required to maintain their minimum rate assignment, they may have an incentive to draw down the excess through extra layoffs, or “ ui holidays.” Employers already at the maximum rate cannot be further penalized for additional layoffs; thus, they may also have an incentive to provide ui holidays as part of their contract (implicit or explicit) with their workers. Any resulting benefit liability that exceeds their own con tributions is paid from the net contributions of other em ployers (cross-subsidization). While this connection has been well established theoret ically, empirical support has been scarce because of a lack of data. However, the three studies that have been published support the existence of such a relationship.3 Indeed, the most recent of these finds that the increase in temporary layoff unemployment resulting from the implicit cross-sub sidization that incomplete experience rating allows is not only larger but also statistically more significant than the “ supply side” unemployment effect of the level of the ben efits. The author of that study concludes that, “ without changing benefit levels available to unemployed workers, a significant reduction in layoff unemployment could be achieved by changing the incentives offered by current ui [financing] laws.” 4 Moreover, he finds that “ the impact of the unemployment insurance subsidy on layoff unemploy ment is powerful— the imputed subsidy accounts for more than a quarter of all layoffs in the data. . . .’’ Unfortunately, none of the recent studies considers the incentive that em ployers assigned the minimum rate have to increase their layoffs, although there is some unpublished evidence sug gesting that this effect is small or nonexistent.5 The growing body of evidence that incomplete experience rating does increase the amount of layoff unemployment leads one to ask what proportion of employers are subject to the layoff incentives of such cross-subsidization, and, perhaps more importantly, how long particular employers remain at tax rates that allow them to be implicitly subsi dized? These issues are important, for persistent subsidi zation of some employers indicates that the employment stabilization incentives built into the ui system are not work ing, and it may lead to distortions in the industrial and occupational structure of a State’s economy. MONTHLY LABOR REVIEW November 1984 • Research Summaries To address these questions, I analyzed fiscal 1975-78 ui data for a random sample of more than 17,000 New Jersey employers.6 The results, presented below, show that, at any time, large proportions of employers are assigned the min imum and maximum tax rates. More importantly, most of these employers have a low probability of moving to any other rate category over time'. Indeed, most of them can be assumed to be assigned a limiting rate permanently, thus precluding their effective experience rating.7 Distribution of employers by rates Table 1 shows the distribution of employers in the sample by tax rate category for each of the study years. “ Graded” employers are firms for which the State had sufficient payroll and turnover information to assign a ui tax rate. The group consists of employers at the minimum rate (1.2 percent of taxable payroll); those at the maximum rate (6.2 percent); and those taxed at one of a range of rates in between the two limits. “ Other” employers are those to which a rate could not be assigned in the usual manner, either because of inadequate data or their lack of experience in the system. “ Inactive accounts” are employers that were not in business during a given year. Mid-rate employers, the third category of graded units, are the only ones that might be considered truly experience rated, in that their tax rate assignments can respond in either direction to changes in their turnover behavior; all other employers are at least temporarily immune to changes in their payroll tax rate.8 Given this characterization of the system, the imposition of employment stabilization incen tives through experience rating is remarkably incomplete. Tab le 1. D istribution of em ployees by tax rate category, fiscal 1 9 7 5 -7 8 Tax rate category Fiscal 1975 Fiscal 1976 Fiscal 1977 Fiscal 1978 Total employers . . . . Percent .......... 17,252 100.0 17,252 100.0 17,252 100.0 17,252 100.0 Graded employers.............. 10,163 11,317 12,483 12,858 Minimum-rate employers . . Percent of total .......... Percent of graded employers.............. 3,863 22.4 4,212 24.4 4,284 24.8 4,168 24.2 38.0 37.2 34.3 32.4 Mid-rate employers1 ........ Percent of total .......... Percent of graded employers.............. 5,432 31.5 5,838 33.8 6,336 36.7 6,564 38.0 53.4 51.6 50,8 51.0 Maximum-rate employers. . Percent of total .......... Percent of graded employers.............. 868 5.0 1 267 7.3 1,863 10.8 2,126 12.3 8.5 11.2 14.9 16.5 “ Other” employers......... Percent of total ........ “ Inactive accounts" . Percent ot toiai........ 5,057 29.3 2,032 11.8 5,935 34.4 20 0.0 4,490 26.0 279 1.6 3,159 18.3 1,235 7.2 1These employers were assigned one of the following rates between the maximum (6.2 percent) and the minimum (1.2 percent): 1.6, 1.9, 2.3, 2.7, 3.0, 3.4, 3.7, 4.1, 5.5, and 5.9 percent. 2Value is zero because the random sample of employers was drawn from the fiscal 1976 universe of active accounts. 46 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis In each study year, fewer than 41 percent of the active accounts fell into the mid-rate category; moreover, table 1 indicates that only about half of the graded employers could be considered effectively experience-rated. Because the tax rate reflects an employer’s recent history of labor turnover, patterns of experience ratings should lag the business cycle by 1 to 2 years. Between 1973 and 1976, business conditions were increasingly recessionary, and thus experience ratings should be rising over the years covered in this study. This is, in fact, the story told by table 1. The proportion of graded employers at the maximum tax rate increased steadily from 8.5 percent in fiscal 1975 to 16.5 percent in fiscal 1978, while the proportion at the minimum rate decreased steadily from 38.0 percent to 32.4 percent. However, there is a surprising regularity in these data for consecutive years, for, while there was a clear shift of pro portions from the minimum to the maximum rate as the unemployment rate rose, the proportion of graded employers assigned the middle rates remained at about half throughout the period, regardless of business conditions. In addition to this consideration of the likelihood of find ing an employer on the responsive portion of the tax sched ule at a point in time, it is necessary to examine the amount of time employers remain in experience rating categories. An effective experience rating system should induce em ployers to minimize their labor turnover, and employers paying the maximum tax rate should have a special incentive to avoid such a tax. However, the recent theoretical work on the effects of incomplete experience rating suggests that this is a naive prediction. In particular, theory suggests that employers have very little incentive to avoid the maximum tax rate. An approach to determining the effectiveness of an ex perience rating system is to observe the movement of em ployers among the assignable tax rates. One method of determining this involves the use of Markov analysis. We know that the movements of employers among tax rates can be described by a transition matrix— in the current context, a 5-by-5 matrix composed of the three graded cat egories plus “ other” and “ inactive accounts.” Any cell of the matrix indicates the proportion of employers assigned the particular tax category given along the vertical axis who move into a tax category given along the horizontal axis in a particular year. The proportion in each cell is thus a tran sition probability. Moreover, the transition probabilities found along the diagonal of the matrix represent the proportion of employers who remain in a particular category from one year to the next. A “ simple” Markov model would assume that the move ment of employers among the tax rates can be fully described by a single matrix of transition probabilities which applies to all employers— in this case, that all employers in a rate assignment category have the same probability of making a given transition to another category between periods. A mover-stayer model, on the other hand, is appropriate when employers in a given category can be either movers, whose rate assignments follow a regular transition matrix, or stay ers, who remain in their category permanently, that is, with a probability of l .9 In that case, there are two applicable transition matrixes: a conventional one for movers; and an other for stayers, having 1 in the cells along its diagonal and zeros elsewhere. The importance of determining which of these two pro cesses better describes the movement of employers should be clear. That is, is it reasonable to assume that some em ployers are permanently either immune to or subject to the employment stabilization incentives of the experience rating system by staying in particular categories of ratings, or is it more accurate to assume that all employers are movers? Evidence that there are stayers in the nonresponsive mini mum- and maximum-rate categories and that they represent a large proportion of employers would affect an assessment of the system’s degree of experience rating: larger propor tions of stayers in nonresponsive categories are evidence of less effective experience rating. To decide which of the two models is more appropriate for the New Jersey data, I tested the statistical significance of the difference between the proportion of employers who actually remained in a category for the 4-year period and the proportion who would remain in that category if only a simple Markov process of average transition probabilities were operating. Let d, represent the difference between the fraction of employers in category i in the initial period who remain in that category through the terminal year of the data ( / ) and the expected value of the fraction under the null hypothe sis.10 Thus, di = fi ~ Pn If the null hypothesis is rejected, the mover-stayer model is more appropriate. Following are the ratios of d j to its variance for each assignment category, as well as the summary test statistic for the null hypothesis: C a te g o r y Minimum-rate ........................................................ Mid-rate .................................................................. Maximum-rate........................................................ “ Other” .................................................................. “ Inactive accounts” ............................................. Total ................................................................ R a tio va lu e 100.478 40.968 75.524 613.389 3.824 834.183 The value for “ total” leads one to reject the null hypothesis of a simple Markov process at the .005 level of significance. Moreover, the relative values of the category ratios are interesting. Given that a higher ratio implies a more sig nificant deviation of a category’s actual stayers from the expected proportion, one should note that the ratios for minimum- and maximum-rated units are much higher than that for mid-rated employers. This suggests that there is a much stronger tendency for the former employers to stay in their categories relative to the Markov process than is found among mid-rated employers. This tendency in these cate gories which do not impose employment stabilization in centives on employers weakens the effects of experience rating, as does the stronger tendency for mid-rated em ployers to move out of the responsive part of the tax sched ule, as evidenced by their relatively low ratio.12 Because the mover-stayer model is more appropriate, I estimated (1) the proportions of stayers (s,) in each category and (2) the transition probabilities (my) of a Markov matrix for movers only. Leo Goodman suggests using the following approximations to maximum likelihood estimators of these parameters when the sample size is large and there are a number of periods of data:13 where n = the number of transitions in the data (in this case, n = 3); and E w»d) 1=i____ ,3 E t=l WM wu(t) wXt) the average probability of staying in a category for one period under the as sumption of a Markov process; with = the number of employers in category / in period t who are also in category i in period t + 1; and = the number of employers in category i in period t. = The square of dt divided by its variance (sj) 11 is distributed X2 with one degree of freedom. The sum of the ratios for the five categories is distributed x 2 with five degrees of freedom. It is used to test the null hypothesis that there is no significant difference between the number of employers remaining in a category over the 4 years and the number that would remain according to the simple Markov process. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the proportion of employers in experience rating class i in the initial period who remain in that class for the next n periods (n = 3 here); and m y = the average number of employers in experience rating category i in one period who are in category j in the following period divided by the average number of employers in category i over all periods but the last, for all i and j (both averages calculated after deleting the estimated number of stayer employers from cate gory i). Sj = Estimates of s, shown below indicate that large propor tions of employers stay in their category over time: P e rc e n t A ssig n m e n t c a te g o r y Graded employers at: Minimum rate................................................................ Mid rates ....................................................................... Maximum rate .............................................................. “ Other” employers .......................................................... “ Inactive accounts” ........................................................ sta y e rs 55.9 57.1 66.1 30.0 0.0 47 MONTHLY LABOR REVIEW November 1984 • Research Summaries Among the graded employers, the proportion of stayers is always more than one-half. The important result here is that the proportions of stayers in the minimum- and maxi mum-rate categories are so high: in particular, almost twothirds of the maximum-rated employers remain in their cat egory throughout the period. While the virtually permanent assignment of the maximum rate to such a large proportion of employers could be at least partly attributable to factors such as the naturally higher turnover rates of some industries (for example, construction) relative to others (such as bank ing), it is also consistent with the conclusion that incomplete experience rating actually induces higher layoff rates.14 Estimation of the transition matrix for movers (my) in dicates that, with the exception of the “ inactive accounts’’ category, movers are more likely to stay in their current category than to move between periods. (See table 2.) More over, among the graded employers, the highest such “ re tention” rate is for the maximum-rate category, where almost two-thirds of the movers remained in the category from period to period. Thus, even for employers designated as movers, transition between categories seems slow, espe cially among the nonresponsive maximum-rate group. Interpreting the results The significance of these results is probably best under stood in light of some related findings regarding the extent of cross-subsidization in the New Jersey ui system. Avail able data allow one to estimate the average surplus or deficit per employee-year experienced by each covered employer since its ui account was opened.15 A surplus position in dicates that, on average over the life of the business, an employer has contributed more to the system than his laidoff employees have drawn in benefits; a deficit position indicates that the employer, through laid-off employees, has been receiving a net subsidy from the system. The calcu lations for the sample of employers studied here show that, as of the end of 1975 and 1976, those assigned the maximum tax rate had net deficit positions per employee-year of $844 and $728, respectively, or about 9 percent of the State’s 1975 annual gross wage for a production worker in man ufacturing.16 Taken with the finding that about two-thirds of the employers at this tax rate can be assumed to be “ stayers,” this suggests that the majority of employers at the maximum rate have been receiving an annual payroll T ab le 2. P eriod-to-period transitio n probabilities am ong rate assig nm ent categories fo r “ m overs” subsidy of about 9 percent of their gross wages. While these calculations are admittedly crude, they do hint at the mag nitude of the cross-subsidization that incomplete experience rating can allow. These results also help one understand the explanatory power of the minimum and maximum tax rates in layoff equations. Studies by Joseph Becker and Frank Brechling indicate that narrower bounds on assignable tax rates result in a larger proportion of employers being assigned the lim iting tax rates.17 The preceding discussion indicates that, for a given rate schedule, most employers assigned to a limiting tax rate tend to stay there even as business con ditions change, and those that move away from such cat egories do so only very slowly. Thus, a State’s maximum and minimum rates represent not only the potential range of responsiveness of its experience rating system but also the potential for actual avoidance of the employment sta bilization incentives by a large proportion of employers. Evidence such as Robert Topel’s suggests that employers at these limiting rates— especially at the maximum rate— do indeed generate extraordinary turnover rates through their layoffs.18 However, the New Jersey results must also be considered in light of the number of employees affected. Because em ployers at the maximum or minimum rates account for about 20 percent of employment in the sample, the proportion of workers affected by incomplete experience rating is smaller than the proportion of employers— a situation that some what mitigates the unemployment effects of the lack of experience rating at the limiting rates.19 Also, one must keep in mind that different macroeconomic conditions (such as falling unemployment rates) could yield different param eter estimates. For example, conditions of full employment could result in a smaller estimate of the proportion of stayers in the maximum-rate category, although the number of min imum-rate stayers would probably rise. s o , t h e i m p r e s s i o n left by this discussion of tax rate assignments is that the system analyzed here, which is not atypical, seems to lack strong incentives for employment stabilization, particularly for employers at the maximum rate. Employers tend to sort themselves into tax categories and stay there or to move among categories very slowly. Thus, most employers are either always or never facing the employment stabilization incentives of the ui experience rating system. For employers at the maximum rate, this results in large negative reserves that require subsidization by other employers in the given State’s system. □ Even Status next period Initial status Minimum- Mid-rate Maximum- “Other” “Inactive rate rate accounts” ----------FOOTNOTES---------- Minimum-rate ................ Mid-rate......................... Maximum-rate................. “ Other” ......................... "Inactive accounts” ........ 48 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .586 .192 .001 .098 .058 .336 .606 .141 .154 .090 .016 .120 664 .048 .026 .019 .049 .136 .642 .708 .042 .032 .059 .058 .119 ‘Two sources that together give an adequate introduction to and survey of current research on the effects of ui on labor market decisions are Daniel Hamermesh, Jobless Pay and the Economy (Baltimore, m d ., The Johns Hopkins University Press, 1977); and Robert Topel and Finis Welch, 3 “ Unemployment Insurance: Survey and Extensions,” Economica, August 1980, pp. 3 5 1 -7 9 . 2See, for example, Ronald G. Ehrenberg and Ronald Oaxaca, “ Un employment Insurance, the Duration of Unemployment, and Subsequent Wage G ain,” American Economic Review, December 1976, pp. 754-66. 3Frank Brechling, “ Layoffs and Unemployment Insurance,” in LowIncome Labor Markets (New York, National Bureau of Economic Re search, 1979); Terrence C. Halpin, “ The Effect of Unemployment Insur ance on Seasonal Fluctuations in Employment,” Industrial and Labor Relations Review, April 1979, pp. 353—62; and Robert H. Topel, “ On Layoffs and Unemployment Insurance, ’ ’ American Economic Review, Sep tember 1983, pp. 5 41 -5 9 . 4Topel, “ On Layoffs,” p. 555 (his emphasis). 5 See Denton Marks, “ Evidence on the Effect of Incomplete Experience Rating in Unemployment Insurance on Layoff Rates in the Manufacturing Sector,” Working Paper 732 (Vancouver, University of British Columbia, 1981). 6 While one might question the broad applicability of research based on data from one State, New Jersey is a particularly good State to study for this type of project because: (1) it uses the reserve ratio system of ex perience rating, which is used by more States (32) than any other sys tem; (2) it is among the top 10 States in number of workers covered and has a large representation of all industries; and (3) it has one of the lowest levels o f “ no-fault” benefits in the country— a feature which allows a clearer analysis o f the degree of completeness of the experience rating tax schedule itself. Also it forgives very few negative balance accounts. Over all, the New Jersey ui financing system has little leakage. Finally, microdata required for these calculations are sufficiently scarce that it would be virtually impossible to perform any sort of national analysis. 7 Joseph Becker has provided information on this question for the State o f Massachusetts for the period 1960-68. He shows the number and pro portion of employers who were assigned the maximum or minimum tax rate for anywhere from 5 to 9 years during this period. While his findings suggest that a large number of employers do spend large proportions of time at a limiting tax rate, his evidence is considerably less complete than that presented in this research. First, Becker does not test the statistical significance o f his results. There is no hypothesis formulation or testing. Moreover, his data are from Massachusetts, where maximum and minimum rates span a short range relative to other States. This fact alone increases the likelihood o f employers being assigned limiting rates in the particular State. (See footnote 17 and related text.) Finally, Becker does not consider the movement o f employers among tax rates or the probabilities of various tax rate assignments. See Joseph M. Becker, Experience Rating in Un employment Insurance (Baltimore, m d ., The Johns Hopkins University Press, 1972). 8 Minimum- and maximum-rated employers can be considered not ex perience rated because their marginal ui tax cost of a layoff is negligible. Similarly, “ inactive accounts” employers are not experience rated. “ Other” accounts are (1) those too new to be eligible for a reserve ratio (less than 3 years’ experience), which are assigned a flat rate of 3.4 percent; and (2) those for which a reserve ratio cannot be calculated— accounts in “ formula breakdown” status— which could receive only one of two possible tax rates (4.1 or 6.2 percent). 9For discussions of the Markov model, see T.W . Anderson and Leo A. Goodman, “ Statistical Inferences About Markov Chains,” Annals of Math ematical Statistics, March 1957, pp. 89-110; and Leo A. Goodman, “ Sta tistical Methods for the Mover-Stayer M odel,” Journal of the American Statistical Association, December 1961, pp. 841 -6 8 . For an application o f this method in a policy context (specifically probabilities of movement into and out o f poverty), see John J. McCall, Income Mobility, Racial Discrimination and Economic Growth (Lexington, m a , D.C. Heath and C o., 1973). l0The discussion follows Goodman, “ Statistical Methods,” and McCall, Income M obility. 11Goodman shows that the variance of d, can be estimated by: 2 _ piiU ~ pit) _ np2jn~ 1 (1 - pi,) Sd' https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis w ,( l) vf, _ 2 w .(t) where w , = — ---------n See Goodman, “ Statistical Methods,” p. 864. l2For technical reasons, the ratio for “ other” is more difficult to inter pret. Fortunately, the rejection of the null hypothesis does not depend on this component of the sum of ratios. In the case of “ inactive accounts,” the sample selection process guarantees that the employer stays in this category throughout the 4-year period. Because the file from which the random sample was drawn contains only active accounts, there can be no employers coming into or going out of the inactive category in the period from which the sample is drawn. Because the random sample was taken from the second period, the inactive category column is all zeroes in the 1975-76 transition matrix, and the inactive accounts row is all zeroes in the 1976-77 matrix. Thus, it is not surprising that the ratio for this category is small, although the estimate is probably biased downward. It is reasonable to expect that there are covered employers who exit from their industry and stay out of the industry permanently. Thus, the ratio for this category should support the mover-stayer model. Matrices indicating the annual transitions made by employers during the 4-year period fiscal 1975-78 are available from the author. 13Goodman, “ Statistical Methods,” pp. 851-55. l4Results for the “ other” and “ inactive accounts” categories are not discussed at length here because technical problems render their interpre tation very complex. It should be noted, however, that the inability to identify certain employers in the “ other” category may lend a considerable downward bias to the parameters shown above for mid- and maximumrate employers. Also, sample selection problems bias the “ inactive ac counts” estimate toward zero, when it probably should, in fact, be positive. These problems are discussed, and alternative parameter estimates based on adjusted data are presented in my paper, “ The Degree of Experience Rating in Unemployment Insurance: Evidence on the Permanence o f Pay roll Tax Rate Assignments,” Working Paper 734 (Vancouver, University of British Columbia, January 1984). 15See Denton Marks, “ Incomplete Experience Rating and Cross-subsi dization of Payrolls,” Working Paper 733 (Vancouver, University of Brit ish Columbia, October 1981). l6The comparable figures for minimum-rate employers are surpluses per employee-year of $112 and $108. Comparable figures for mid-rated em ployers as a group are unavailable, but there are figures by the various tax rates covered by the category. The deficits are preceded by “ —” : End o f ¡976 End o f 1975 Tax rate $81.4 ......... $86.7 ........... 16 72.6 69.4 ........... 19 67.5 64.2 ........... 2 3 46.2 53.1 ........... 2 6 41.8 51.2 ........... 3 0 36.6 39.9 ........... 3 4 30.4 40.2 ........... 3.7 15.5 17.9 ........... 4.1 - 4 4 .3 - 4 6 .5 ........... 5.5 ......... - 1 4 1 .2 - 1 5 5 .4 ........... 5.9 ......... ......... The employers with the net surplus position represent about 80 percent of the employment in the mid-rate category. It should be noted that these calculations disregard differences in the timing of contributions and payment of benefits because the data do not allow any matching of the flows. Thus, it is impossible to determine the role that changing price levels and forgone interest play in the cross subsidization process. 17See, for example, Frank Brechling, “ The Incentive Effects of the U .c . Unemployment Insurance T ax,” in Research in Labor Economics I (Greenwich, CT, j a i Press, 1977), p. 83. 18See Topel, “ On Layoffs.” 19 Denton Marks, “ The Mitigating Effect of Employer Size in Incomplete Experience Rating,” Working Paper 824 (Vancouver, University of British Columbia, September 1982). 49 MONTHLY LABOR REVIEW November 1984 • Research Summaries Wet corn mills yield top pay among grain industries industries with 8,115 production workers, was found in nearly all regions of the country. In contrast, slightly more than four-fifths of the 3,236 rice milling employees were in the southwest. Except for rice milling, the Great Lakes region was the major center of production; it accounted for nearly three-tenths of the production work force in flour milling, and for three-fifths of the workers in both the blended flour and wet com milling industries. Wet com milling had the highest pay levels of four grain mill industries, according to a Bureau of Labor Statistics survey of occupational pay. At $10.72 per hour, average earnings in wet com mills in September 1982 were 25 per cent higher than in flour mills ($8.59), 34 percent higher than in blended flour plants ($8.01), and 72 percent higher than in rice mills ($6.25).' Nearly all workers in wet com mills were located in metropolitan areas— chiefly within the Great Lakes States— in plants with 100 workers or more, and in establishments where collective bargaining agree ments covered a majority of the workers. These character istics, historically associated with higher pay levels, were found to a lesser extent in each of the other milling industries studied. Rice mill workers, for example, were concentrated in the Southwest, one of the lowest paying regions, and just under half of the workers were unionized. The grain mill products industries covered by the survey employed just over 23,000 production workers in September 1982. Slightly more than one-third of the workers were employed in flour mills, approximately one-fourth each in wet com mills and blended flour plants, and about one-sixth in rice mills. Regional employment patterns varied considerably by in dustry. Flour milling, for example, the largest of the four Pay. Table 1 presents nationwide average pay rates for representative occupations in the grain milling industries. As with the industry averages, occupational pay levels were consistently highest in wet com mills. This was true even where comparisons could be made within the same geo graphic region. In each industry, maintenance journeymen usually were the highest paid and custodial or general labor personnel, the lowest. Nearly all workers in each industry were paid according to formal time-rated pay plans. Except in rice mills, where rate-range plans prevailed, most workers were paid single rates for specified occupations. Although single rate pay systems generally result in narrow earnings distributions, wide differences in pay scales among establishments pro duced a contrary effect in flour mills and blended flour plants. Blended flour plants had one of the highest wage dispersion indexes (57) among the industries in which the Bureau studies occupational pay.2 Wage dispersion indexes Tab le 1. N um b er and average straight-tim e hourly earnings of production w orkers in selected o c cupations in th e grain m ill in dustries in the U nited States, S ep tem ber 1982 Flour and other grain mills Occupation Number of workers Rice mills Blended and prepared flour mills Average hourly earnings1 Number of workers Average hourly earnings1 Number of workers Average hourly earnings1 _ — — _ _ — Elevator operations ....................................... Bulk cleaners.............................................. Receivers .................................................. Weighers .................................................. 463 95 264 104 $8.60 8.98 8.56 8.36 113 22 66 25 $6.09 7.67 5.50 6.28 Processors: Flour........................................................ Rice ........................................................ Blended flour.............................................. Wet corn ............................................ 1,273 — — — 8.88 — — — _ 528 — — 6.03 Packers: Flour ........................................................ Rice ........................................................ Blended flour.............................................. Wet corn .................................................. 1,068 — — — 7.72 — — — _ 277 — — _ 5.87 _ _ 6.73 — 426 — Material movement: Laborers, material handling ......................... Power-truck operators................................. 925 312 7.95 9.22 317 113 4.91 6.17 172 260 6.17 8.01 Maintenance: Electricians................................................ General mechanics ..................................... Millwrights ......................................... Oilers........................................................ Sheet-metal workers................................... 101 360 148 183 54 10.68 9.42 10.88 8.52 10.80 21 184 14 11.01 7.73 8.64 Service and custodial: Guards...................................................... Janitors .......................................... 22 515 5.55 8.52 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis _ 93 15 47 31 $10.17 9.25 10.62 9.92 1,491 10.69 271 10.33 196 162 10.19 10.51 215 300 159 48 101 11.75 11.00 11.81 10 73 11.66 51 176 9.43 9.78 _ _ _ — — — 27 192 5.78 4.78 _ _ 185 6.75 — Average hourly earnings1 _ — 332 Numbers of workers 6.64 — Dashes indicate that no data were reported or that data did not meet publication criteria. 50 — _ _ 1,013 — _ _ _ 'Excludes premium pay for overtime and for work on weekends, holidays, and late shifts. N ote: _ Wet corn mills 10.27 for the other grain milling industries were 13 for wet com, 33 for flour, and 37 for rice. Benefits. Virtually all production workers were in grain mills providing paid holidays and vacations after qualifying periods of service. The most common holiday provision in rice mills was 8 days; in wet com mills, 10 days; and in flour mills and blended and prepared flour establishments, 12 days. Typical vacation provisions in each industry granted at least 1 week of paid time off after 1 year of service, at least 2 weeks after 3 years, and 3 weeks or more after 10 years. Vacation benefits were less generous in rice mills than in the other industries, particularly after longer periods of service. All or virtually all production workers were in mills that provided at least part of the cost of hospitalization, surgical, basic medical, and major medical insurance coverage. Life insurance plans were available to at least nine-tenths of the workers in each industry. Accidental death and dismem berment insurance coverage was available to about half of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the workers in blended flour plants, and to three-fourths or more of the workers in each of the remaining industries. Retirement pension plans— other than Federal social se curity— applied to at least nine-tenths of the production workers in the flour, blended flour, and wet corn mill in dustries; the proportion was four-fifths in rice mills. A comprehensive report on the survey findings, Industry Wage Survey: Grain Mill Products, September 1982, Bul letin 2207 (Bureau of Labor Statistics, 1984) is for sale ($3) by the Government Printing Office, or by any of the Bu reau’s regional offices. □ ----------FOOTNOTES---------‘ Earnings data exclude premium pay for overtime and for work on weekends, holidays, and late shifts. 2To provide a common reference for comparing wage dispersion, an index is calculated for an industry by dividing the middle range of the earnings distribution by the median. For a discussion of occupational pay relationships by industry, see Carl B. Barsky and Martin E. Personick, “ Measuring wage dispersion: pay ranges reflect industry traits,” Monthly Labor Review, April 1981, pp. 3 5 -4 1 . 51 Technical Note Average retail food prices: a brief history of methods F l o y d A . R a b il The Bureau of Labor Statistics publishes average retail food prices on a monthly basis in a news release, Consumer Prices: Energy and Food. Data are published for the United States and for four major geographic regions— Northeast, North Central, South, and W est.1 The report presents av erage prices for 94 food items that are calculated from data used in compiling the Consumer Price Index ( c p i ). All of the major c p i “ food at home’’ categories— cereals and bak ery products; meats, poultry, fish, and eggs; dairy products; fruits and vegetables; and other foods at home— are rep resented in the list of average food prices. Each report also contains data for the two preceding months. Average retail food prices are among the oldest data series published by b l s . The first report, issued in 1904, contained average monthly retail prices for about 30 foods for the years 1890-1903.2 Input data for the report were obtained retroactively from account books and records of about 800 firms in 171 cities. Prior to 1964, retail food prices were weighted averages of prices collected for use in compiling the c p i . From De cember 1963 through June 1978, average food prices were estimated from the movement of the c p i . 3 Each year, usually in January, special benchmark prices were calculated for narrowly defined classes of food products. These benchmark prices were adjusted in succeeding months by price changes reflected in. the appropriate c p i series. Because the c p i series pertained to more broadly defined product categories than did the benchmark average food prices, a new set of bench mark prices was computed annually to prevent estimated prices from deviating widely from a true average of collected prices. The Bureau adopted this estimation technique for average prices as a result of changes made in the specification pricing procedures during a revision of the c p i , completed in De cember 1963. As a part of that revision, the specifications used in collecting c p i prices were broadened to encompass Floyd A. Rabil is an economist in the Office o f Prices and Living Con ditions, Bureau o f Labor Statistics. 52 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis a wider sample of goods and services. While this procedure improved the item sample for the c p i , it made calculation of the average food prices difficult because of the greater heterogeneity of foods being priced within a specification. The “ benchmark and estimation” technique for calculating average food prices was then developed to meet the con tinuing needs of users of such information. Because of the major methodological changes introduced in the 1978 revision of the c p i , a completely different ap proach had to be developed for calculating average food prices. The demanding schedule for the completion of the 1978 c p i revision made it impossible to revise the average food price program in time to coincide with the release of the revised c p i . Therefore, average retail food prices are not available from July 1978 through December 1979. Data based on the revised c p i sample are available beginning in January 1980, but average prices in the current series are not comparable to estimates published through June 1978. Development of the new average food price program for 1980 presented the b l s staff with a number of difficulties. Because of the substantial change in price collection meth odology employed in the revised c p i , a greater variety of food items (as well as nonfood goods and services) have been selected for pricing. For the pre-1978 c p i , b l s field representatives had priced items that conformed to detailed specifications which were basically the same for every store across the country. Thus, a large number of prices were obtained for each of the almost 100 food items. For an item such as cookies, for example, about 1,100 prices were col lected nationally each month. The prices were for almost identical types of cookies varying only by brand and package size. Therefore, an adequate number of observations were available to calculate an average price for a specific type of cookie in individual cities as well as nationally. In the revised c p i , collection methodology was changed to allow for almost the full range of goods and services to be sampled.4 Under this procedure, the selection of each item is keyed to the sales experience of the store in which it is priced. The field representative works from a list of general categories in selecting the item to be priced. This procedure gives each variety, brand, size, and so forth, a chance of selection proportional to its importance in total sales for the general category in the particular store. Once selected, the same item continues to be priced over time. This procedure results in a considerably larger range of A note on energy prices b l s also publishes average retail prices for four kinds of energy: gasoline, electricity, natural gas, and fuel oil. Gasoline average prices per gallon are published for leaded regular, unleaded regular, unleaded premium, and all types combined. Electricity average prices are published for 500 kilowatt hours ( k w h ) and per kw h as calculated from a broad representative sample of residential consumption amounts. Natural gas average prices are available for 40 therms, 100 therms, and per therm, calculated from a representative sample of monthly residential consumption amounts. Fuel oil # 2 average prices are released on a per-gallon basis, calculated from a sample of residential deliveries. goods and services being selected for the food item sample. For calculating the c p i , the revised procedure produces an index which is much more representative of the goods and services purchased by consumers. Fewer prices are ob tained, however, for any specific item because data collec tion is spread over a much broader range of food products. For example, about 570 prices are presently being collected nationally for cookies. These prices are representative of virtually all kinds of cookies available in the marketplace, including packaged cookies, cookies sold loose in bakeries, dietetic cookies, and all of the various combinations of ingredients. Therefore, there are relatively few observations for any one type of cookie, compared to the 1,100 prices that were obtained for a specific type of cookie prior to 1978. Because of the smaller number of quotations obtained for nearly comparable food items, published average prices currently are available only at the national and regional level. The number of prices available to calculate average prices for any food category in the c p i is dependent upon two factors: 1) the number of price quotations assigned to the product stratum (which assignment is designed for maxi mum accuracy of the c p i ); and 2) the homogeneity of a specific item with respect to ingredient composition, pack age size, and packaging. Thus, for an item such as white pan bread, which has a large number of price quotations assigned to its stratum and which is a relatively homoge neous product, about 930 prices are obtained nationally, of which about 60 percent are used to calculate the U.S. av erage price. Generally, for the purpose of average price calculation, very few items have usable sample sizes which approach that for white pan bread. In developing post-1980 calculation procedures for av erage food prices, several procedures were considered, in cluding the use of the benchmark and estimation procedure used in the earlier series. It was decided, however, to adopt a methodology in which actual weighted average prices would be calculated each month. In determining the items for which to develop average prices, b l s identifies the nar rowest possible specification for which a usable sample can be obtained and an average price calculated. If the speci fication is judged narrow enough to be useful, an average https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis price is published. For example, average prices are calcu lated for freeze-dried instant coffee in jars ranging in size from 6.1 to 14 ounces. The specification was narrowed to this range because the per-ounce price of freeze-dried instant coffee varies widely from small jars (6 ounces or less) to large jars (more than 14 ounces). Therefore, prices for jars outside the 6.1- to 14-ounce size range are excluded to eliminate price extremes which would not yield realistic average prices. The first step in calculating an average food price is the computation of an “ effective price.” This procedure in volves converting a reported price to a price per standard unit of measure (weight, volume, or count). The published average prices are weighted averages of the individual ef fective prices. The weight of each observation reflects the relative share of expenditures which the individual obser vations were selected to represent in the c p i . (See “ Con sumer Price Index,” BLS Handbook o f Methods, Volume II, Bulletin 2134-2, for a detailed methodological description.) Users of average retail food prices should be aware that these data are best suited to measure price levels in a par ticular month. The estimates are not designed to track price changes over time, nor are they intended for use in making interarea comparisons. Ongoing updates of the item and outlet samples will cause movement of average prices over time to differ from the movement of an index for the same item, because the index reflects only price change for the same product in the same retail outlet. In calculating average prices, individual quotes that meet the item and geographic definitions are included, regardless of whether they are used for index calculation. Differences in prices among geo graphic areas may not represent true differentials because of variations in brand, quality, and size of the sample. Of course, such differences will vary considerably depending on the item being observed. For an item such as boneless round steak, for which U.S. Department of Agriculture grades are used to define the quality of the cut of meat, comparison of prices among regions is likely to be more informative than for items such as fresh pork sausage, ice cream, canned tomatoes, and smoked ham, for which differences in brand and quality can be quite substantial. ----------FOOTNOTES---------'The four census region, are: Northeast: Connecticut, Maine, Mas sachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont; North Central: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin; South: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Missis sippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Vir ginia, and West Virginia; and West: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New M exico, Oregon, Utah, Wash ington, and Wyoming. 2C ost o f Living and Retail Prices in the United States (1890-1903), Bulletin 54 (U .S. Bureau of Labor, 1904), p. 1129; and Cost o f Living and Retail Prices of Food (18th Annual Report of the Commissioner of Labor, 1903), pp. 15-17. 3See Doris P. Rothwell, “ Calculation of Average Retail Food Prices,” Monthly Labor Review, January 1965, pp. 6 1 -6 6 . *The Consumer Price Index: Concepts and Content Over the Years, Report 517 (Bureau of Labor Statistics, 1978), p. 7. 53 Foreign Labor Developments Caribbean Basin Initiative: setting labor standards Steve Charnovitz On January 1, 1984, the Caribbean Basin Initiative went into effect, eliminating tariffs for most products exported by that region to the United States. This preferential access to American markets is expected to increase the flow of investment into Caribbean countries with high unemploy ment, and thus create additional jobs. The Caribbean Basin Economic Recovery Act lists 27 countries1 as potentially eligible for the trade benefits, but directs the President of the United States to undertake a rigorous process of designation. This process includes a review of 18 criteria for designation. The criteria are quite varied; they range from whether a country is Communist to whether commercial stations in that country pirate U.S. television broadcasts. Although only 7 of the 18 criteria are mandatory, the Administration has persuaded each designated country— 20 as of mid-1984— to meet all of the criteria.2 At the end of the bilateral discussions, each country interested in being designated was asked to submit a letter to the United States explaining how each of the 18 criteria were met. These letters contain both declarations and commitments regarding present and future policies.3 In some cases, governments are required to take specific actions before the designation letters are accepted. The labor criterion One of the most controversial criteria is that regarding labor.4 This provision requires the President to consider the degree to which workers in the country are afforded “ rea sonable workplace conditions” and enjoy the “ right to or ganize and bargain collectively.” In practice, this has meant that in countries with restrictive labor policies, the U.S. negotiating teams have encouraged the governments to agree to changes in their policies. Steve Charnovitz is a program analyst in the Bureau of International Af fairs, U .S. Department o f Labor. He is currently on leave as a Foreign Affairs Fellow in the Congressional fellowship program. 54 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The primary reason for the labor criterion is a concern that the labor laws and conditions in some countries would prevent the benefits of the Caribbean Basin Initiative from reaching the workers. By promoting free trade unions, the United States intended not only to contribute to democratic pluralism, but also to provide foreign workers the institu tional base needed to earn their rightful share of the income generated by the Initiative. A second reason for the labor criterion is to safeguard American workers from unfair for eign competition. By using the statutory labor criterion, the United States would have leverage against a participating country that exported to the American market products made under “ sweatshop style” working conditions. Aside from the narrow provision in U.S. trade law that prohibits the importation of products made by convict or forced labor, the Caribbean Basin Initiative is the only U.S. law that makes foreign labor conditions a specific consid eration in providing trade benefits to other countries.5 While international fair labor standards have been a longtime goal of organized labor in the United States, the Initiative is the first time this concept has been incorporated into U.S. tariff legislation. Defining the standard In implementing the labor criterion, the Administration faced 27 countries with a wide range of labor conditions— from very good to very poor. Realizing that it could not apply the same standards to countries with different cultures and legal systems, the United States adopted a two-step procedure. One, all countries are reviewed with respect to a few very basic labor standards. Two, countries with in adequate labor rights are asked to make some improvements. The approach the United States takes in each country, of course, also depends on the number of negotiation issues involving the other Caribbean Basin Initiative criteria. The first area of concern is freedom of association, or the right to organize unions, form labor federations, and affiliate with international trade union organizations. In defining this standard, the United States relied heavily on the Freedom of Association Convention (Convention 87) of the Inter national Labor Organization (ilo). The second area of concern is workplace conditions. At a minimum, this means freedom from forced labor and child labor abuses— a universal standard applicable to all coun tries. The United States also looks at laws on minimum wage and occupational health and safety, but each country’s laws are judged on an individual basis. This approach was suggested by the legislative history, because the House had considered but failed to enact a bill to make U.S. occupa tional safety and health laws the standard for the labor cri terion. The third area of concern is government protection of unions from harassment and nonrecognition by employers. In each country, the United States looks for laws to promote collective bargaining, to protect union organizers from being fired, and to permit peaceful strikes. Where these laws do not exist, the countries are urged to consider reforms. The fourth area of concern is the Export Processing Zones in many of the Caribbean Basin Initiative countries. Such zones, also called “ free trade zones,” are exempt from many of the commercial laws that apply in the rest of the country. Because these zones serve as platforms for export to the American market, the United States seeks assurances that the labor standards in these zones are not less than the standards in the rest of the country. This issue came up because, in the past, some of these zones had abusive labor conditions, compared with the rest of the country, that gave the zone’s production an unfair competitive advantage in international markets. For example, in some of these zones, the governments prohibited trade unions. Before the U.S. team visits a country, the U.S. Depart ment of Labor consults closely with the afl- cio and the American Institute for Free Labor Development to obtain information and insight into the labor problems of that coun try. These consultations, together with embassy analyses and ilo reports, enable the U.S. team to focus on the most serious labor problems within the time constraints of short visits. Major labor provisions Several of the agreements call for significant improve ments in labor conditions. Although Haiti had a handful of weak trade unions, the Haitian government’s' history of repressing unions under former President Francois Duvalier had made it anathema in the international free trade union community. The Ini tiative program coincided with plans of the present Haitian government to improve its labor laws, and so the Haitian government agreed with the United States that a well-pub licized labor law reform would give a boost to Haiti’s labor unions and lead to needed assistance by the ilo . Specifically, Haiti’s designation letter includes the fol lowing: • Several changes in labor code provisions which impeded the free operation of unions, • an official announcement that the stringent registration provisions of the penal code did not apply to trade unions, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • a clarification of the government law prohibiting strikes and an agreement to ask the ilo for assistance in studying improvements in that law, • a letter to all Haitian unions notifying them of their right to form federations and affiliate with international trade union organizations, • a letter to international trade union organizations advising them that affiliation is allowed and welcoming them to visit Haiti, • an agreement to use a weekly radio show to clarify the labor code to workers, • a statement that workers who report minimum wage vi olations will be protected from punishment by employers, • a statement that Haitian sugar workers going to the Do minican Republic are allowed to keep their travel docu ments and contracts, • instructions to the Haitian Embassy in the Dominican Republic regarding improved inspections of sugar plan tation conditions, and • a request to the ilo to provide technical assistance with regard to the problems of the sugar workers. In the Dominican Republic, the Administration sought commitments to improve the working conditions of the Hai tian migrant sugar workers. In 1983, a special ilo Com mission of Inquiry had found very poor working conditions including, in some cases, “ forced labor.” Specifically, the Dominican designation letter includes the following: (1) an agreement to allow workers to choose the plantation they work on, (2) an agreement that the national police will make sure that plantation security forces do not prevent workers from quitting their jobs and leaving the plantation, (3) a statement that further improvements in working conditions will be made in 1984, (4) a statement that sugar workers are given a break during the day and 1 day off per week in accordance with the contract, (5) a statement that workers do receive at least the minimum wage ($3.50 per day), and (6) a commitment to provide government inspectors to over see the weighing of cane. With regard to the export pro cessing zone, the government stated that the right to form unions and bargain does apply there. The Dominican gov ernment also agreed to ask its Congress to speed up con sideration of pending labor law reforms, which include protection of employees from dismissal because of union organizing activities. In El Salvador, the Administration sought commitments regarding the past violent attacks on trade union leaders. The letter from El Salvador specifically states: (1) the gov ernment will take special measures to assure that its security forces provide more effective protection against illegal at tacks or detention of trade unionists or employer organi zations and (2) the government will take suitable measures to assure that the necessary organization exists within the security forces to investigate illegal acts of violence against labor leaders and seek evidence to present to a court of 55 MONTHLY LABOR REVIEW November 1984 • Foreign Labor Developments justice. With regard to labor laws, El Salvador’s letter in cludes: (3) a statement that workers can join free trade unions, that unions can form federations, and that federa tions can affiliate internationally, (4) an agreement that in the new Constitution, the right of farm workers to associate in labor unions will be established, (5) an agreement that the government will propose to the tripartite labor code commission sanctions adequate to act as a deterrent to em ployers who refuse to bargain or who intimidate trade unions, and (6) a statement that the labor code applies to the free trade zone and that union organizers would henceforth be permitted to enter the zone. In Honduras, the United States sought to investigate al legations that some of the firms in the free zone prohibited unions. In the Honduran letter, the government stated that the labor code applies in the free zone and that the govern ment would investigate charges that workers in one company were obliged to sign an agreement not to establish a trade union. The government also pledged to send additional in spectors to the zone to assure that workers know their rights and protections under the labor code. In Guatemala, the United States sought the government’s legal recognition of the new Guatemalan labor confedera tion, the Confederation of Labor Unity. The Guatemalan letter stated that the Confederation has been recognized and that unions have a right to form federations and affiliate with international organizations. The designation letters of the other 15 countries also discuss labor rights and conditions, but the United States did not press for significant reforms in these countries (for example, Barbados) because their labor conditions already met the Administration’s standard. Future of labor standards in trade In summary, the designation process of the Caribbean Basin Initiative provides an important boost to organized labor in several countries where there were serious labor problems. In the months ahead, the U.S. Government will work closely with American and international unions to 56 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis monitor these designation letters to assure that the Caribbean Basin governments adhere to them. Such monitoring is par ticularly important because many of the statements on labor involved prospective changes. During the next few years, many parties will be analyzing the impact of the labor criterion under the Caribbean Basin Initiative. This analysis will involve a weighing of the ben efits and costs of promoting labor rights in these countries. Both economic and political factors will need to be consid ered. If the labor criterion is judged to be successful, the next step would be to consider extending it to other countries receiving trade preferences from the United States.6 □ FOOTNOTES 1The following countries or territories are eligible for designation under the Caribbean Basin Economic Recovery Act (P.L. 98-67): Anguilla Grenada Saint Vincent and the Grenadines Antigua and Barbuda Guatemala Suriname Bahamas, The Guyana Trinidad and Tobago Barbados Haiti Cayman Islands Belize Honduras Montserrat Costa Rica Jamaica Netherlands Antilles Dominica Nicaragua Saint Christopher-Nevis Dominican Republic Panama Turks and Caicos Islands El Salvador Saint Lucia Virgin Islands, British 2 Seven o f the countries have not asked to be designated. They are Anguilla, Guyana, Nicaragua, Suriname, the Cayman Islands, the Turks and Caicos Islands, and the Bahamas. 3 Eleven of the country designation letters have been published in Com munication From the President o f the United States (U .S. House of Rep resentatives, Committee on Ways and Means, House Document 9 8 -1 5 1 , Jan. 23, 1984). All of the letters are on file at the Committee. 4There are two types of criteria— mandatory and discretionary. For the mandatory criteria, the President cannot designate a country unless it meets these criteria. For the discretionary criteria, the President is directed to take these criteria into account in making designation decisions. The labor criterion is discretionary. 5This provision is in the Tariff Act of 1930, Section 307. The prohibition exempts goods, wares, articles, and merchandise not produced domesti cally in sufficient quantities to meet the “ consumptive demands” of the United States. 6On Oct. 30, 1984, the President signed the Trade and Tariff Act of 1984 which, in renewing the Generalized System of Preferences, includes a new designation criterion relating to “ internationally recognized worker rights.” Major Agreements Expiring Next Month This list of selected collective bargaining agreements expiring in December is based on information from the Bureau’s Office of Wages and Industrial Relations. The list includes agreements covering 1,000 workers or more. Private industry is arranged in order of Standard Industrial Classification. Number of workers Employer and location Private industry Labor organization1 Constructors Labor Council (West Virginia) ................................................. Construction ............................. Pennsylvania Heavy and Highway Contractors Bargaining Association (Harrisburg, pa) West Virginia Contractors Bargaining Association, Inc. (West Virginia) . . . Association of Steel Erectors and Heavy Equipment Operators, Inc. (Atlanta, ga) National Electrical Contractors-Association, Inc., Western Pennsylvania Chapter (Pennsylvania) Construction ............................. Carpenters; Laborers; Operating Engineers; and Teamsters (Ind.) Steelworkers .................................... 2,000 Construction ............................. Construction ............................. Steelworkers .................................... Iron Workers.................................... 2,000 1,000 Construction ............................. Electrical Workers (ibew) ................ 1,900 GTE Lenkurt, Inc. (Albuquerque, nm) .......................................................... Amana Refrigeration, Inc. (Fayetteville, tn) ................................................. Tacoma Boatbuilding Co. (Tacoma, wa) ...................................................... Electrical products .................... Machinery.................................. Transportation equipment ......... 1,200 1,000 1,500 Eastern Airlines, ground service (Interstate)2 ................................................. Northwest Airlines, ground service (Interstate)2 ............................................. Republic Airlines, pilots (Interstate)2 ............................................................ Western Airlines, flight attendants (Interstate)2 ............................................. Air transportation...................... Air transportation...................... Air transportation...................... Air transportation...................... Electrical Workers (ibew) ................ Machinists......................................... Boilermakers; Carpenters; Electrical Workers (ibew); Laborers; Machinists; Operating Engineers; Painters; Plumbers; Sheet Metal Workers; and Teamsters (Ind.) Machinists......................................... Machinists......................................... Air Line Pilots.................................. Flight Attendants ............................. Northern States Power Co. (Minneapolis, mn) ............................................... Public Service Co. of Colorado (Denver, co) ............................................... New York Oil Heating Association (New York, ny) .................................... Cemeteries (New Jersey and New York)3 ...................................................... Metropolitan Detroit Hotel and Motor Hotel Association (Michigan)........... Utilities...................................... Utilities...................................... Wholesale trade......................... Real estate.................................. H otels........................................ Electrical Workers (ibew) ................ Electrical Workers (ibew) ................ Teamsters (Ind.) .............................. Service Employees........................... Hotel Employees and Restaurant Employees 3,200 3,000 2,000 1,800 2,300 Chicago Residential Hotel Association (Illinois)............................................. Illinois Association of Health Care Facilities (Chicago, il) ........................... Kaiser Permanente (California)........................................................................ H otels........................................ Hospitals.................................... Hospitals.................................... Service Employees........................... Service Employees........................... Nurses’ Association (Ind.) ............. 1,000 4,300 4,000 Government activity Labor organization1 Education .................................. Education .................................. Education Association (In d .)......... Colorado Classified School Employees (Ind.) Fire Fighters .................................... Nurses’ Association (Ind.) .............. Police (Ind.) .................................... Transport Workers........................... Service Employees........................... Technical Employees Association (Ind.) State, County and Municipal Employees Colorado: Boulder Board of Education, teachers........................................ Jefferson County Board of Education, classified employees . . . . Florida: Dade County Fire Department........................................................ Fire protection........................... Dade County Nurses........................................................................ Health services ......................... Dade County Police Department .................................................... Police protection ...................... Dade County Transit Agency.......................................................... Transportation ........................... Michigan: Correctional facility...................................................................... General services......................... Technical employees................................................................... General services......................... Minnesota: Hennepin County multi-unit ...................................................... General services......................... 7,600 12,600 3,600 1,200 2,300 Number of workers 1,250 2,750 1,050 1,000 1,600 1,150 2,600 1,650 3,000 See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 57 MONTHLY LABOR REVIEW November 1984 • Major Agreements Expiring Next Month Continued— Major Agreements Expiring Next Month Employer and location New Jersey: Hudson County ............................................................... Trenton municipal employees ........................................ New York: Nassau County ................................................................. Onondaga County multidepartments ............................... Saratoga County ...................... ........................................ Schenectady County.......................................................... Suffolk County Police Department .................................. Westchester County.......................................................... New York City Housing Authority .................................. Syracuse Board of Education, teachers ........................... Ohio: Medical College, professional and technical unit .................... Cincinnati Board of Education, teachers .................................. Cincinnati Police Department .................................................... Dayton Board of Education, teachers ...................................... Montgomery County ................................................................. Toledo Board of Education, teachers........................................ Toledo Board of Education, classified employees.................... Pennsylvania: Pittsburgh Fire Department........................................... Wisconsin: Milwaukee County............................................................. Milwaukee Police Department........................................... 'Affiliated with AFL-CIO except where noted as independent (Ind.). information from newspaper reports. industry area (group of companies signing the same contract). 58 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Government activity Labor organization1 General services......................... Teamsters (Ind.) ............................. General services......................... State, County and Municipal Employees General services......................... State, County and Municipal Employees General services......................... State, County and Municipal Employees General services......................... State, County and Municipal Employees General services......................... State, County and Municipal Employees Police protection ...................... Patrolmen’s Benevolent Association (Ind.) General services......................... State, County and Municipal Employees General services......................... Teamsters (Ind.) ............................. Education .................................. Education Association (In d .)........... State, County and Municipal Employees Education .................................. Teachers ........................................... Police protection ...................... Police ............................................... Education .................................. Education Association (Ind.)........... General services......................... State, County and Municipal Employees Education .................................. Teachers ........................................... Education .................................. State, County and Municipal Employees Fire protection........................... Fire Fighters .................................... General services......................... State, County and Municipal Employees Police protection ...................... Milwaukee Police Association......... Education .................................. Number of workers 1,700 1,100 13,000 3,500 2,600 1,300 2,100 5,300 5,000 1,500 1,000 3,100 1,100 1,700 1,200 2,500 1,700 1,050 6,000 1,800 Developments in Industrial Relations Auto, coal agreements reached The United Auto Workers has reached an agreement with General Motors, and bargaining has shifted to the Ford Motor Co. A feature of the u a w - g m contract is a job se curity provision which guarantees that workers with at least 1 year of service will not be laid off because of the intro duction of new technology, “ outsourcing,” negotiated pro ductivity improvements, shifting of work from one g m plant to another, or the consolidation of component production. The United Mine Workers and the Bituminous Coal Op erators Association settled peacefully on a 40-month con tract. Union president Rich Trumka said the contract contained “ no concessions, absolutely none.” An industry official described the contract as “ fair and modest.” Detailecf provisions o f the UAW/Bituminous Coal Oper ators Association and UAW/GM-Ford agreements will appear in the December M o n th ly L a b o r R e v i e w . Board limits bargaining units in health facilities Union efforts to organize hospital and nursing home em ployees were adversely affected by a National Labor Re lations Board ruling that the number of bargaining units in such institutions must be held to a minimum. The Board contended that the ruling conformed with a requirement imposed by the Congress in 1974 when it extended to em ployees of nonprofit health care facilities the right to bargain on wages and benefits. In granting this right, the Congress specified that bargaining units in such institutions should be as broad as possible to reduce the possibility that a small number of workers could paralyze a hospital. The Board did not specify the precise number of bargaining units that would be appropriate in a hospital, but one Board member said that four units might be appropriate in a large institution and two in a small one. The case arose when the International Brotherhood of Electrical Workers organized a small number of trades work ers at St. Francis Hospital in Memphis, t n . In 1982, the Board ruled that the hospital must bargain with the union. “ Developments in Industrial Relations” is prepared by George Ruben of the Division of Developments in Labor-Management Relations, Bureau of Labor Statistics, and is largely based on information from secondary sources. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis At that time, the Board maintained that the basic test for a bargaining unit was whether the workers shared “ a com munity of interests” in their wages, hours, training, and working conditions, the same requirement that applies in other industries. In overturning the 1982 decision, the reconstituted Board held that unions seeking to designate bargaining units in health care facilities must prove a “ disparity of interests,” in wages and in the other working conditions that are sharper than in other industries. The reaction from organized labor was immediate. Jerry Shea, health care coordinator for the Service Employees, complained that the ruling did not include “ guidance as to what it means.” He said some employers may withdraw from current bargaining on initial contracts and ask the courts to rule on the legality of the bargaining unit. Management attorney John Irving disagreed, saying that the decision will preclude much litigation over bargaining units because the courts will now have a more definite un derstanding of the intent of the Congress regarding bar gaining units. Merck, three unions settle, end 15-week strike The longest strike in the history of Merck & Co. ended when the firm settled with a council of unions including the Oil, Chemical and Atomic Workers, the Chemical Workers, and the Clothing and Textile Workers. The major issue in the 15-week walkout was a company demand for employee pay cuts to enhance Merck’s ability to compete with other pharmaceutical companies. Merck claimed its wage rates were 18 to 46 percent above its competitors and that its employees earned an average annual salary of $34,500 in 1983. Union officials disputed this, claiming that the average was about $23,000. Merck’s demand for compensation cuts included a call for adoption of a two-tier wage system under which new employees would be permanently paid less than those al ready on the payroll. The final provision did not amount to a true two-tier system because the additional pay sacrifices applicable to new workers would be recouped. The 4-year contract does not provide for specified wage increases or automatic cost-of-living adjustments in the first year. Cur rent employees will receive lump-sum payments of $700 on 59 MONTHLY LABOR REVIEW November 1984 • Developments in Industrial Relations April 30, 1985; $800 on April 30, 1986; and $500 on April 30, 1987. In addition, they will receive possible cost-ofliving adjustments of up to 15 cents an hour in the fourth year. New employees will not receive the lump-sum pay ments or the current $3.15 to $3.18 cost-of-living allow ance, but will receive a 30-cent-an-hour wage increase after each 12 months of service. They would attain pay rate parity with current employees in about 10 years, assuming the provision for 30-cent increases is retained in subsequent contracts. The contract, which expires on April 30, 1988, increases lifetime major medical coverage to $750,000, from $250,000; medical deductibles to $150 for single coverage and $300 for family, from $50 and $150, respectively; covered hos pital stays to 365 days, from 120 days; and requires a second medical opinion for surgery. Other benefit changes included a $1,000 increase in life insurance coverage, to $5,000, and unspecified improvements in pensions. The accord covered 4,000 employees at operations in Rahway and North Branch, nj; West Point, Hawthorne, and Danville, pa ; South San Francisco, ca ; Albany, ga ; and Elkton, v a . Electrical Workers win first contract at Litton After a 4-year confrontation, Litton Systems, Inc., and the United Electrical Workers negotiated an initial contract for 2,000 employees of the company’s microwave oven plant in Sioux Falls, sd . The Electrical Workers had won a representation election at the plant in November 1980. A year later, the National Labor Relations Board certified the union as the bargaining agent for the workers, but the re lationship became increasingly antagonistic as the parties traded charges and engaged in legal actions. The union, which won the assistance of other unions in a national pub licity and boycott drive against Litton, claimed that the company was engaged in a corporatewide campaign to thwart employee efforts to organize. Litton denied this, saying its labor relations strategies were set at the local rather than national level and that its number of labor law violations was not excessive considering its large number of plants. A major factor in attaining the contract settlement was the intervention of a joint committee the parties established in 1983 to discuss and investigate labor disputes. The new contract, which extends to January 31, 1987, 60 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis provides for wage increases of 35 cents an hour effective immediately, 40 cents in August 1985, and 25 cents in August 1986. Prior to the settlement, the employees re portedly averaged $5.20 an hour. Benefit provisions include coverage under a contributory companywide pension plan; a grievance procedure; seniority rights; job-bidding procedures; health and safety monitoring; 11 holidays; and a health plan calling for a nominal em ployee contribution for single coverage and $25 a month for family coverage. New York City’s longest health-care strike ends The largest and longest health care strike in New York City history ended when members of District 1199 of the Retail, Wholesale and Department Store Union approved 2-year agreements with the League of Voluntary Hospitals and Homes and the Association of Voluntary Nursing Homes. The 44-day stoppage involved 52,000 employees, 18,000 patients, and 45 private, nonprofit hospitals and nursing homes. Part of the delay in settling resulted from the Lea gue’s contention that the projected rise in State payments to the institutions was not enough to cover the cost of a settlement that would include 5-percent annual pay in creases. New York Governor Mario Cuomo assured the parties that he would “ do the right thing” and “ make ad justments” later if the institutions were unable to cover the cost of the settlement. This induced labor and management to settle, but negotiators cautioned that the accord could be abrogated by either party if they did not receive “ assurances from the State consistent with Governor Cuomo’s state ment.” The two 5-percent pay increases will be applied to annual salaries ranging from $15,247 for orderlies to $33,962 for social workers. Other types of workers involved include clerks, technicians, and aides. The accord also provides that the workers will have alternate weekends off. Management had offered 26 weekends off per year, although not nec essarily every other weekend, and a $20 premium for every weekend worked beyond the 26. Another provision freezes starting pay for new employees, beginning with the second year. The terms were expected to set a pattern for settlements between the union and about 24 other institutions when current agreements expire on October 1. Book Reviews The rise of the United Farm Workers By Linda C. and Theo J. Majka. Philadelphia, pa , Temple Univer sity Press, 1983. 346 pp. $24.95. F a r m w o r k e r s , A g r i b u s i n e s s , a n d th e S t a t e . Cesar Chavez began to organize California farmworkers in the 1960’s, and within a decade, the strikes, boycotts, and marches organized by what became the United Farm Workers union made Americans aware that Mexican-Amer ican workers harvested most of the Nation’s grapes and lettuce. Unions, churches, and students enthusiastically sup ported the fledgling farmworker union, first, in its struggle to be represented as the bargaining agent for farmworkers on corporate grape and vegetable farms, and later, to retain its contracts when the Teamsters union began organizing farmworkers in the early 1970’s. The tumultuous events of the early 1970’s led growers and unions to demand a State law to end the strife. The California Agricultural Labor Relations Act was enacted in 1975 to . . ensure peace in the agricultural fields by guaranteeing justice for all ag ricultural workers and stability in labor relations. ’’ It granted farmworkers organizing and collective bargaining rights. F a r m w o r k e r s , A g r i b u s i n e s s , a n d th e S t a t e is a chronicle of the farmworker events in the 1960’s and 1970’s by ob servers who worked for the United Farm Workers union. The authors do more than simply record events; they also theorize as to why the United Farm Workers succeeded in its efforts to achieve lasting bargaining agreements after other farmworker unions had failed. The authors’ theory has to do with how government both opposed and aided farmworker organizations that have been present in Cali fornia agriculture for more than 100 years. California’s labor-intensive fruit and vegetable industry was developed in the late 1880’s when refrigerated rail transportation opened up east coast markets and the 12,000 Chinese laborers who had built the transcontinental railroad became migratory farmworkers because they were denied mining and urban jobs. The large California farms that emerged when wheat fields were converted to orchards were preserved with the arrival of immigrant workers without options. Although the availability of farmworkers kept wages low, land prices rose to the extent that most of the midwestern farmers who migrated to California could not re https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis main farmers. By 1900, the conventional wisdom asserted that California agriculture needed large numbers of migrant workers for seasonal jobs, and that such a lifestyle was most acceptable to non white immigrants. Waves of immigrant farmworkers followed— the Japa nese, Hindus, Filipinos, Depression-era “ Okies” and “ Arkies” in the late 1920’s and early 1930’s; and Mexicans since World War II. In most instances, these immigrants without options were not a majority of the farm work force, but their desperate need for work meant that wages fell' as additional laborers arrived in search of work. White farm workers protested bitterly when farmers reduced wages after “ too many” workers had appeared. The Industrial Workers of the World converted these protests into strikes before World War I, and the Communist-dominated Cannery and Agricultural Workers Industrial Union similarly assumed the leadership of spontaneous strikes in the 1930’s. This book summarizes the rise of the United Farm Work ers union. The authors give considerable weight to the per suasive talents of Cesar Chavez, as well as the importance of religious groups and students in promoting boycott ac tivities by the union. The book emphasizes the often tenuous ties between the United Farm Workers and most afl- cio unions, although it highlights the United Auto Workers’ enthusiastic support of the United Farm Workers. The book’s major shortcoming is its failure to explain how the changing structure of California agriculture expedited organizing. Just as the textile workers union asserted that it had to organize the industry before it could organize the work force, the United Farm Worker’s success rested heavily on the emer gence of large growers who could afford to pay higher wages. The United Farm Workers union has been most successful in organizing workers on corporate vegetable farms but has had the least success in commodities where production is diffused among thousands of family farmers who often struggle to stay in business. Although other books have chronicled the rise of the United Farm Workers and analyzed the reasons for its suc cess, Linda and Theo Majka theorize on how government has intervened in omnipresent farmworker protests. I find this theory to be the weak part of the book, because it assumes that farmworkers have always wanted to organize and gain control over their employment, that farmers have 61 MONTHLY LABOR REVIEW November 1984 • Book Reviews implacably opposed these organizing efforts, and that the State acted as an umpire, shifting from the side of the farm ers to the workers’ cause in the 1970’s. This power theory becomes tautological by arguing that the United Farm Work ers union gained enough without a law to cause the State legislators to switch sides, downplaying structural shifts in agriculture and the possibility that unionism can bring mu tual benefits to workers and employers. This book is a useful summary of events derived from personal experience and newspaper accounts. — P h il ip L. M a r t in Associate Professor Agricultural Economics University of California, Davis Book notes The Federal Data Base Finder. Monica Homer. Potomac, m d By Sharon Zarozny and , Information USA, Inc., 1984, 368 pp., $95. Mathew Lesko, founder and president of Information u s a , has made a career of telling people how and where to get information from the Federal Government. In this directory, billed as the first of its kind, Information u s a lists and describes more than 3,000 Federal data bases and files, from Acid Rain (Oak Ridge National Laboratory) to World Pop ulation (Census Bureau) and includes many Bureau of Labor Statistics series. The authors acknowledge that direct access to many of the Federal data bases is limited to Government agencies, but suggest that information from them sometimes is available from the producing agencies at low or no cost. The book also lists machine-readable data tapes offered for sale directly by Government agencies and reports on com mercial vendors who re-sell Government information at a profit. The Federal Data Base Finder says that the Federal Government spends billions of dollars creating data but very little to inform the public that the data exist. Lesko and his associates have assembled much of that information and offer to share it with the public for $95. Included in the volume are comprehensive discussions of “ Unemployment and Associated Measures,” by Commis sioner of Labor Statistics Janet L. Norwood; “ Measures of Recession and Expansion,” by Geoffrey H. Moore, a for mer Commissioner of Labor Statistics, now at Columbia University; and of “ Measures of Inflation,” by Joel Popkin of Joel Popkin and C o., a former assistant b l s commissioner in charge of price programs. The book includes both subject and author indexes. Publications received Economic and social statistics Ahrne, Goran and Erik Olin Wright, C la s se s in the U n ited S ta tes a n d S w ed e n : A C o m p a riso n . Reprinted from A c ta S o cio lo g ic a , Vol. 26, Nos. 3 -4 , 1983, pp. 211-35. Madison, wi, University of Wisconsin, Institute for Research on Poverty, 1984. ( ir p Reprint Series, 483.) Lazear, Edward P., R a id s a n d O ffer-M atch in g. Cambridge, m a , National Bureau of Economic Research, Inc., 1984, 37 pp. ( n b e r W ork in g Paper S eries, 1 4 1 9 .) $ 1 .5 0 , paper. Menchik, Paul L. and Martin David, In com e D istrib u tio n , L ife tim e S a vin g s, a n d B e q u e sts. Reprinted from the A m erica n E c o n o m ic R e v ie w , September 1983, pp. 672-90. Madison, wi, University of Wisconsin, Institute for Research on Pov erty, 1984. ( ir p Series, 480.) Moifitt, Robert, A n E c o n o m ic M o d e l o f W elfare S tig m a . Re printed from the A m erican E conom ic R e view , December 1983, pp. 1023-35. Madison, wi, University of Wisconsin, Institute for Research on Poverty, 1984. ( ir p Reprint Series, 482.) Sorensen, Aage B ., P r o c e s s e s o f A llo ca tio n to O pen a n d C lo s e d P o sitio n s in S o c ia l S tru ctu re. Reprinted from Z eitsch rift f u r S o zio lo g ie , July 1983, pp. 203-24. Madison, wi, University of Wisconsin, Institute for Research on Poverty, 1984. Series, 485.) ( ir p Vetter, Betty M. and Eleanor L. Babco, P ro fe ssio n a l W om en a n d M in o ritie s: A M a n p o w e r D a ta R e so u rc e S e rv ic e . 5th ed. Washington, Scientific Manpower Commission, 1984, 280 pp. $70, paper. Zarozny, Sharon and Monica Homer, The F e d e ra l D a ta B a se F in d er. Potomac, m d , Information USA, Inc., 1984, 368 pp. $95. Economic growth and development Austen, A. D. and R. H. Neale, eds., The Handbook o f Economic and Financial Measures. Edited by Frank J. Fabozzi and Harry I. Greenfield. Homewood, i l , D o w Jones Irwin, 1984. 517 pp. $47.50. The editors of this handbook seek to close an information gap they perceive between increasing sophistication of eco nomic and financial reporting on the one hand and the lack of commonly understood definitions of economic and fi nancial concepts on the other. They asked professionals from Government agencies, academia, and the private sector to define and explain 21 measures of economic and financial activity, from gross national product to consumer confi dence and from monetary aggregates to interest rates. 62 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M a n a g in g C on stru ctio n P r o je c ts : A G u id e to P ro c e s se s a n d P ro c e d u r e s. Geneva, International Labour Organization, 1984, 158 pp., bibliog raphy. Available in the United States from the Washington Branch of i l o . Frisch, Helmut, T h e o ries o f In flation . New York, Cambridge University Press, 1983, 262 pp., bibliography. $39.50, cloth; $12.50, paper. Meier, Gerald M ., E m erg in g F rom P o v e rty : The E c o n o m ics T hat R e a lly M a tte r s. New York, Oxford University Press, 1984, 258 pp. $29.95. Education National Academy of Sciences, H ig h S ch o o ls a n d .th e C h an gin g W o rk p la ce: The E m p lo y e r s ’ V iew . Washington, National Academy of Sciences, 1984, 50 pp. $5.25, single copy, pa per, National Academy Press, Washington 20418. National Education Association, T o d a y ’s E d u ca tio n , 1 9 8 4 - 8 5 A n n u a l E d itio n , The Journal of the National Education As sociation. Washington, 1984, 184 pp. Weiss, Andrew, T estin g the S ortin g M o d e l o f E d u ca tio n . Cam bridge, m a , National Bureau of Economic Research, Inc., 1984, 51 pp. (nber Working Paper Series, 1420.) $1.50, paper. Health and safety Christoffel, Tom, “ Using Roadblocks to Reduce Drunk Driving: Public Health or Law and Order?” A m erica n J o u rn a l o f P u b lic H e a lth , September 1984, pp. 1028-30. Torrens, Ian M., “ What Goes Up Must Come Down: The Acid Rain Problem,” The OECD O b s e rv e r , July 1984, pp. 9-15. U.S. Bureau of Labor Statistics, E va lu a tin g Y our F ir m ’s In ju ry a n d Illn e ss R e c o rd : 19 8 2 , M an u factu rin g In d u stries. Prepared by lima Rosskopf. Washington, 1984, 29 pp. (Report 706.) Industrial relations Aboud, Antone, ed., P la n t C lo sin g L eg isla tio n . Ithaca, n y , Cor nell University, New York State School of Industrial and Labor Relations, 1984, 60 pp. (Key Issues, 27.) $6, ilr Press, Ithaca, ny . Briggs, Steven, T he M u n icip a l G rie va n ce P ro c e s s. Los Angeles, c a , University of California, Institute of Industrial Relations, 1984, 185 pp., bibliography. (Monograph and Research Se ries, 36.) Bussey, Ellen M., ed., F e d e ra l C iv il S e rv ic e L a w a n d P r o c e d u res: A B a sic G u id e. Washington, The Bureau of National Affairs, Inc., 198^, 348 pp. $25, bna Books, Distribution Center, 9435 Key West Avenue, Rockville, md , 20850-3397. Clarke, Oliver, “ Collective Bargaining and the Economic Re covery,” The OECD O b s e rv e r , July 1984, pp. 19-22. Ferman, Luis A ., ed ., The Future of American U nion ism: “ Trade Unionism from Roosevelt to Reagan,” by Jack Barbash; “ The Future Demographics of American Union ism,” by Markley Roberts; “ Collective Bargaining: The Next Twenty Years,” by Doris B. McLaughlin in consultation with Douglas A. Fraser; “ Labor and Politics in the 1980s,” by Charles M. Rehmus; “ The Future of American Unionism: A Comparative Perspective,” by Everett M. Kassalow; “ The Changing of the Guard: The New American Labor Leader,” by Arthur R. Schwartz and Michele M. Hoyman; “ LaborManagement Cooperation in American Communities: What’s In It for the Unions?” by Joel Cutcher-Gershenfeld; “ Work Place Democracy and Quality of Work Life: Problems and Prospects,” by Hy Kornbluh; “ Union Organizing: New Chal lenges and Prospects,” by Alan Kistler; “ Changing Concepts of Worker Rights in the Work Place,” by Theodore J. St. Antoine; “ The Changing Work Place,” by Sar A. Levitan and Clifford M. Johnson; “ Employee Ownership and the Fu ture of Unions,” by William Foote Whyte and Joseph R. Blasi; “ New Directions for American Unionism,” by Rudy Oswald; “ Trade Unions and Productivity: Some New Evi dence on an Old Issue,” by Richard B. Freeman and James L. Medoflf; “ A Look Ahead at Public Employee Unionism,” by James L. Stem; “ Will the New Industrial Relations Last? Implications for the American Labor Movement,” by Thomas A. Kochan and Michael J. Piore, The A n n als of the American Academy of Political and Social Science, May 1984, p. 11189. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Hanami, Tadashi and Roger Blanpain, eds, In du stria l C o n flict R eso lu tio n in M a rk et E co n o m ies: A S tu dy o f A u stra lia , the F e d e ra l R e p u b lic o f G erm a n y, Ita ly, J a p a n , a n d the USA. Deventer, The Netherlands, Kluwer Law and Taxation Pub lishers, 1984, 321 pp. $50, paper. Kluwer Law and Taxation Publishers, Higham, m a . Hanson, Charles and Paul Rathkey, “ Industrial Democracy: A Post-Bullock Shopfloor View,” B ritish J o u rn a l o f In d u stria l R e la tio n s , July 1984, pp. 154-68. Industrial Relations Research Association, P ro c e e d in g s o f the 1984 S prin g M e etin g o f the In d u stria l R e la tio n s R esea rch A sso c ia tio n , h e ld M a y 2 - 4 , 1984 in C lev ela n d , O h io . Edited by Barbara D. Dennis. Madison, wi, University of Wisconsin, Industrial Relations Research Association, 1984, 70 pp. Katz, Harry C., “ The U.S. Automobile Collective Bargaining System in Transition,” B ritish J o u rn a l o f In d u stria l R e la tio n s, July 1984, pp. 205-17. Kelly, James, “ Management Strategy and the Reform of Col lective Bargaining: Cases from the British Steel Corpora tion,” B ritish J o u rn a l o f In d u stria l R e la tio n s, July 1984, pp. 135-53. Narad, Susan, “ Labor Woos Women,” D u n ’s B u sin ess M o n th , September 1984, beginning on p. 83. Papademetriou, Demetrois G. and Mark J. Miller, eds., The U n a v o id a b le Issu e: U .S . Im m ig ra tio n P o lic y in the 1 9 8 0 s. Philadelphia, p a , Institute for the Study of Human Issues, 1983, 305 pp. Perry, Charles R., C o lle c tiv e B a rg a in in g a n d th e D e c lin e o f the U n ited M in e W o rk ers. Philadelphia, p a , University of Penn sylvania, The Wharton School, Industrial Research Unit, 1984, 273 pp. (Major Industrial Research Unit Studies, 60.) $30. Swabe, A. I. R. and Patricia Price, “ Building a Permanent As sociation? The Development of Staff Associations in the Building Societies,” B ritish J o u rn a l o f In d u stria l R e la tio n s, July 1984, pp. 195-204. “ The Status of Statutes Containing Legislative Veto Provisions After C h a d h a — Does the e e o c Have the Authority to Enforce the Equal Pay Act and the Age Discrimination in Employment Act?” W ash in gton L a w R e v ie w , July 1984, pp. 549-64. U.S. Department of Labor, A C o n fere n c e on Q u a lity o f W ork L ife: Issu es A ffectin g the S ta te-o f-th e -A rt. Washington, U.S. Department of Labor, Office of Labor-Management Relations Services, 1984, 32 pp. ------ A W orkin g W o m a n 's G u id e to H e r J o b R ig h ts. Washington, U.S. Department of Labor, Women’s Bureau, 1984, 56 pp. (Leaflet 55.) Stock No. 029-002-0069-0. $2.25, Superin tendent of Documents, Washington 20402. Industry and government organization Altshuler, Alan and others, The F u tu re o f th e A u to m o b ile: The I n te r n a tio n a l A u to m o b ile P r o g r a m . R e p o rt o f MIT’s Cambridge, m a , The m it Press, 1984, 321 pp. $16.95. Allman, Dale N., “ The 1978-83 Increase in U.S. Business Fail ures,” E c o n o m ic R e v ie w , Federal Reserve Bank of Kansas City, July-August 2984, pp. 32-38. International economics Haley, John O., “ Antitrust Sanctions and Remedies: A Com parative Study of German and Japanese Law,” W ash in gton L a w R e v ie w , July 1984, pp. 471-508. “ Ministers Discuss Trade, Finance and Economic Recovery,” The OECD O b s e rv e r , July 1984, pp. 3-8. 63 MONTHLY LABOR REVIEW November 1984 • B o o k R e v ie w s Tokyo Metropolitan Government, L on g-T erm P la n f o r T okyo M e tr o p o lis : “ M y T ow n T o k yo ” — H ea d in g in to the 2 1 s t C e n tu ry. Tokyo, Japan, 1984, 279 pp. (tmg Municipal Library, Welfare programs and social insurance Berlin, Sharon B. and Linda E. Jones, L ife A fte r W elfare: a f d c T erm in ation A m o n g L on g-T erm R e c ip ie n ts. Reprinted from S o c ia l S e rv ic e R e v ie w , September 1983, pp. 378-402. Mad 18.) Labor and economic history ison, w i , University of Wisconsin, Institute for Research on Poverty, 1984. ( ir p Reprint Series, 478.) Barkan, Joanne, V ision s o f E m a n cip a tio n : The Ita lia n W o rk e rs’ M o v e m e n t S in ce 1 9 4 5 . New York, Praeger Publishers, 1984, Danziger, Sheldon and Peter Gottschalk, The M e a su rem en t o f P o v e r ty : Im p lica tio n s f o r A n tip o v e rty P o lic y . Reprinted from A m erica n B e h a v io r a l S c ie n tist, July-August 1983, pp. 739- 265 pp. $24.95. “ Canada,” C u rren t H is to r y , May 1984, pp. 193-233. 56. Madison, wi, University of Wisconsin, Institute for Re search on Poverty, 1984. ( ir p Reprint Series, 476.) Rockoff, Hugh, D r a s tic M e a su re s: A H isto ry o f W age a n d P ric e C o n tr o ls in the U n ited S ta tes. New York, Cambridge Uni versity Press, 1984, 289 pp., bibliography. Labor force Employee Benefit Research Institute, “ The World of Pensions Ten Years after e r i s a , ” e b r i I s s u e B r i e f , Employee Ben efit Research Research Institute, September 1984, pp. 1- 22. Dooley, Martin D. and Peter Gottschalk, E a rn in g s In eq u a lity a m o n g M a le s in the U n ited S ta tes: T ren ds a n d the Effect o f L a b o r F o rc e G ro w th . Reprinted from the J o u rn a l o f P o litic a l E c o n o m y, Vol. 92, No. 1, pp. 59-89. Madison, wi, Uni Haveman, Robert A. and Barbara L. Wolfe, D isa b ility a n d W ork Effort: A P ro b a b ilis tic C h o ice A n a lysis o f the L a b o r S u p p ly D e c is io n s o f O ld e r M en . Reprinted from S o c ia l In su ra n ce, versity of Wisconsin, Institute for Research on Poverty, 1984. ( ir p Reprint Series, 481.) Holzer, Harry J., On the R a tio n a lity o f B la ck Youth U n em p lo y m en t. Cambridge, ma , National Bureau of Economic Re search, Inc., 1984, 18 pp. ( n b e r Working Paper Series, 1411.) $1.50, paper. Mare, Robert D. and Christopher Winship, The P a ra d o x o f L e s s en in g R a c ia l In eq u a lity a n d J o b le s sn e ss a m on g B la ck Youth: E n ro llm en t, E n listm en t, a n d E m p lo ym en t, 1 9 6 4 - 1 9 8 1 . Re printed from the A m erica n S o c io lo g ic a l R e v ie w , February Lars Söderström, ed., pp. 187-205. Madison, wi, University of Wisconsin, Institute for Research on Poverty, 1984. ( ir p Reprint Series, 479.) Warlick, Jennifer, A g e d W om en: A P ro b le m W ith ou t a S olu tio n ? Reprinted from A g in g a n d P u b lic P o lic y : The P o litic s o f G ro w in g O ld in A m e r ic a , William P. Brown and Laura Katz Olsen, eds. Madison, wi, University of Wisconsin, Institute for Research on Poverty, 1984. ( ir p Reprint Series, 477.) 1984, pp. 39-55. Madison, wi, University of Wisconsin, Institute for Research on Poverty, 1984. ( ir p Reprint Series, 484.) National Council on Employment Policy, F u tu re. Washington, 1984, 42 pp. U.S. Postal Service STATEMENT OF OWNERSHIP, MANAGEMENT AND CIRCULATION (Required by 39 U.S.C. 3685) In vestin g in A m e r ic a ’s Sorensen, Aage, S o c io lo g ic a l R e sea rch on the L a b o r M arket: C o n c e p tu a l a n d M e th o d o lo g ic a l Issu es. Reprinted from W ork a n d O c c u p a tio n s, Vol. 10, No. 3, 1983, pp. 261-87. Mad ison, wi, University of Wisconsin, Institute for Research on Poverty, 1984. ( ir p Reprint Series, 486.) U.S. Bureau of Labor Statistics, E m p lo ym en t in P e rs p e c tiv e : M in o rity W o rk ers. Washington, 1984, 4 pp. (Report 712.) Work in American Institute, Inc., A W ork in A m erica In stitu te R e p o rt, 1 9 8 4 - 8 5 . Scarsdale, n y , 1984, 23 pp. Management and organization theory 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Title of Publication: Monthly Labor Review Date of Filing: 10-9-84 Frequency of issue: Monthly Annual Subscription Price: $24 Location of Known Office of Publication: 441 G Street, N.W., Washington, D.C. 20212 Location of the Headquarters of General Business Offices of the Publishers: 441 G Street, N.W., Washington, D.C. 20212 Names and Complete Addresses of Publisher, Editor, and Executive Editor: Publisher: U.S: Department of Labor, Bureau of Labor Statistics, Office of Publications, 441 G Street, N.W., Washington, D.C 20212; Editor: Henry Lowenstern, Editorin-Chief, same address; Executive Editor: Robert Fisher, same address Owner: U.S. Department of Labor, Bureau of Labor Statistics, 441 G Street, N.W., Washington, D.C. 20212 Known Bondholders, Mortgagees, and Other Security Holders Owning or Holding 1 Percent or More of Total Amount of Bonds, Mortgages or Other Securities: None Extent and Nature of Circulation: Bromage, Mary C., W ritin g A u d it R e p o rts. 2d ed. New York, McGraw-Hill Book Co., 1984, 213 pp. $29.95. Gunn, Christopher Eaton, W orkers’ Self-M anagem ent in the U n ited S ta te s. Ithaca, n y , Cornell University Press, 1984, 251 pp., bibliography. $25. Winkler, John, B a rg a in in g f o r R e su lts. New York, Facts on File Publications, 1984, 196 pp. $16.95. Monetary and fiscal policy Black, Robert P., “ The Fed’s Mandate: Help or Hindrance?” Federal Reserve Bank of Richmond, JulyAugust 1984, pp. 3-7. E c o n o m ic R e v ie w , McCarthy, F. Ward, Jr., “ A Review of Bank Performance in the Fifth District, 1983,” E co n o m ic R e v ie w , Federal Reserve Bank of Richmond, July-August 1984, pp. 21-29. Mehra, Yash, 44The Tax Effect, and Recent Behavior of the After Tax Rate: Is it too High?” E co n o m ic R e v ie w , Federal Reserve Bank of Richmond, July-August 1984, pp. 8-20. 64 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A. Total number copies printed (net press r u n ) .............. B. Paid circulation: 1. Sales through dealers and carriers, street vendors, and counter sales................................. 2. Mail subscriptions................................................ C. Total paid circulation .................................................. D. Free distribution by mail, carrier, or other means (samples, complimentary, and otherfree copies) . . E. Total distribution (sum of C and D ) ............................. F. Copies not distributed: 1. Office use, leftover, unaccounted, spoiled after prin ting ................................................................ 2. Returns from news a g e n ts ................................. G. Total (sum of E, F1 and 2— should equal net press run shown in A ) ............................................. A verage No. C opies E ach Issue D uring P re ce d ing 12 M onths A ctu a l No. o f C opies o f S ingle Issue P ub lish ed N earest To Filing Date 14,667 14,423 2,037 10,719 12,756 1,914 10,648 12,562 1,711 14,467 1,711 14,273 200 N/A 150 N/A 14,667 14,423 I certify that the statements made by me above are correct and complete. (Signed) Henry Lowenstern, Editor-in-Chief Current Labor Statistics Notes on Current Labor Statistics..................................................................................................................................................... 66 Schedule of release dates for major BLS statistical series ........................................................................................... 66 Employment data from household survey. Definitions and notes ......................................................................... 67 67 68 69 70 70 71 71 71 1. 2. 3. 4. 5. 6. 7. 8. Employment status of the noninstitutional population, 16 years and over, selected years, 1950-83 ................................ Employment status of the population, including Armed Forces in the United States, by sex, seasonally adjusted . . . . Employment status of the civilian population, by sex, age, race, and Hispanic origin, seasonally adjusted .................. Selected employment indicators, seasonally ad ju sted ...................................................................................................................... Selected unemployment indicators, seasonally ad ju sted ................................................................................................................. Unemployment rates, by sex and age, seasonally adjusted ........................................................................................................... Unemployed persons, by reason for unemployment, seasonally ad ju sted .................................................................................. Duration of unemployment, seasonally adjusted............................................................................................................................... Employment, hours, and earnings data from establishment surveys. Definitions and notes 9. 10. 11. 12. 13. 14. 15. 16. 17. Employment, by industry, selected years, 1950-83 ............................................................... ........................................................ Employment, by State ............................................................................................................................................................................ Employment, by industry, seasonally adjusted ................................................................................................................................. Average hours and earnings, by industry, 1968-83 ........................................................................................................................ Average weekly hours, by industry, seasonally adjusted ............................................................................................................... Average hourly earnings, by industry ................................................................................................................................................. Hourly Earnings Index, by industry..................................................................................................................................................... Average weekly earnings, by industry................................................................................................................................................. Indexes of diffusion: industries in which employment increased, seasonally a d ju sted ........................................................... Unemployment insurance data. Definitions............................................................................................................................... .................................................................................................... 79 79 ....................................................................................................................................................... Consumer Price Index, 1967-83 .......................................................................................................................................................... Consumer Price Index, U .S. city average, general summary and selected it e m s .................................................................... Consumer Price Index, cross-classification of region and population size c l a s s ...................................................................... Consumer Price Index, selected areas ................................................................................................................................................. Producer Price Indexes, by stage of processing ............................................................................................................................... Producer Price Indexes, by commodity groupings .......................................................................................................................... Producer Price Indexes, by special commodity groupings ............................................................................................................. Producer Price Indexes, by durability of product ............................................................................................................................ Producer Price Indexes for the output of selected SIC industries ................................................................................................ 80 81 81 87 88 89 90 92 92 93 18. Unemployment insurance and employment service operations Price data. Definitions and notes 19. 20. 21. 22. 23. 24. 25. 26. 27. Productivity data. Definitions and notes 28. 29. 30. 31. 32. ..................................................................................................................................... Annual indexes of multifactor productivity and related measures, selected years, 1950-83 ................................................ Annual indexes of productivity, hourly compensation, unit costs, and prices,selected years, 1950-83 ............................ Annual changes in productivity, hourly compensation, unit costs, and prices, 1973-83 .................................................... Quarterly indexes of productivity, hourly compensation, unit costs, and prices, seasonally adjusted .............................. Percent change from preceding quarter and year in productivity, hourly compensation, unit costs,and p r ic e s.............. Wage and compensation data. Definitions and notes 33. 34. 35. 36. 37. 72 73 73 74 75 76 77 77 78 78 Employment Cost Index, by occupation and industry group ........................................................................................................ Employment Cost Index, wages and salaries, by occupation and industry group .................................................................. Employment Cost Index, private nonfarm workers, by bargaining status, region, and area size ....................................... Wage and compensation change, major collective bargaining settlements, 1978 to d a te ....................................................... Effective wage adjustments in collective bargaining units covering 1,000 workers or more,1978 to date ....................... Work stoppage data. Definition .................................... 38. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Work stoppages involving 1,000 workers or more, 1947 to date 94 95 95 96 96 97 98 99 100 101 102 102 103 103 65 NOTES ON CURRENT LABOR STATISTICS This section of the R e v ie w presents the principal statistical series collected and calculated by the Bureau of Labor Statistics. A brief introduction to each group of tables provides definitions, 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 cover of this issue of the R e v ie w . Some general notes applicable to several series are given below. 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. Seasonal adjustment. Certain monthly and quarterly data are adjusted to eliminate the effect o f such factors as climatic conditions, industry pro duction 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 “ sea sonally adjusted.” Seasonal effects are estimated on the basis of past experience. When new seasonal factors are computed each year, revisions may affect seasonally adjusted data for several preceding years. Seasonally adjusted labor force data in tables 3 - 8 were revised in the February 1984 issue o f the Review, to reflect experience through 1983. 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 -11/ AR1MA, which was developed at Statistics Canada as an extension of the standard X -l 1 method. A detailed description of the procedure appears in The X - l l ARIMA Seasonal Adjustment M ethod by Estela Bee Dagum (Statistics Canada Catalogue No. 12-564E, February 1980). The second change is that seasonal factors are now being calculated for use during the first 6 months of the year, rather than for the entire year, and then are calculated at mid-year for the July-December period. Revisions of historical data continue to be made only at the end of each calendar year. Annual revision o f the seasonally adjusted payroll data shown in tables 11, 13, and 15 were made in July 1984 using the X -l 1 ARIMA seasonal adjustment methodology. New seasonal factors for productivity data in tables 29 and 30 are usually introduced in the September issue. Seasonally adjusted indexes and percent changes from month to month and from 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. More information from household and establishment surveys is provided in Employment and Earnings, a monthly publication o f the Bureau. Comparable household information is published in a two-volume data book-L a b o r Force Statistics Derived From the Current Population Survey, Bulletin 2096. Comparable establishment information appears in two data books-Em ploym ent and Earnings, United States, and Employ ment and Earnings, States and Areas, and their annual supplements. More detailed information 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 D etailed Report and Producer Prices and Price Indexes. Symbols p = preliminary. To improve the timeliness of some series, pre liminary figures are issued based on representative but in complete 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 BLS statistical series R e le a s e P e r io d R e le a s e P e r io d R e le a s e P e r io d M L R t a b le d a te co v e re d d a te c o v e re d d a te c o v e re d num ber Employment situation ............................. November 2 October December 7 November January 9 December 1-11 Producer Price Index ............................. November 9 October December 14 November January 11 December 23-27 Occupational injuries and illnesses............ November 14 1983 Consumer Price Index............................ November 21 October December 20 November January 23 December 19-22 Real earnings......................................... November 21 October December 20 November January (1) December 12-16 S e r ie s Productivity and costs: Nonfinancial Corporations..................... Nonfarm business and manufacturing . . . 3rd quarter ?9 3? January (1) 4th quarter 29-32 Employment Cost Index.......................... January (') 4th quarter 33-35 1984 36-37 U.S. Import and Export Price Indexes . . . . January 31 4th quarter 1Date not available. 66 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis EMPLOYMENT DATA FROM THE HOUSEHOLD SURVEY 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 60,000 households selected to represent the U.S population 16 years of age and older. House holds are interviewed on a rotating basis, so that three-fourths of the sample is the same for any 2 consecutive months. Em Definitions Employed persons include (1) all civilians 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. Members of the Armed Forces stationed in the United States are also included in the em ployed total. 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 overall unemployment rate represents the number unemployed as a percent of the labor force, including the resident Armed Forces. The unemployment rate for all civilian workers represents the number unemployed as a percent of the civilian labor force. The labor force consists of all employed or unemployed civilians plus members of the Armed Forces stationed in the United States. Persons not in the labor force are those not classified as employed or unemployed; this group includes persons who are retired, those engaged in their own housework, those not working while attending school, those unable to work because of long-term illness, those discouraged from seeking work because of personal or job market factors, and those who are voluntarily idle. The noninstitutional population comprises all persons 16 years of age and older who are not inmates of penal or mental institutions, sani tariums, or homes for the aged, infirm, or needy, and members of the Armed Forces stationed in the United States. The labor force participation rate is the proportion of the noninstitutional population that is in the labor force. The employment-population ratio is total employment (including the resident Armed Forces) as a percent of the noninstitutional population. 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 compara bility of historical data presented in table 1. A description o f these ad justments and their effect on the various data series appear in the Explanatory Notes of Employment and Earnings. Data in tables 2 - 8 are seasonally adjusted, based on the seasonal ex perience through December 1983. 1. Employment status of the noninstitutional population, 16 years and over, selected years, 1950-83 [Numbers in thousands] L a b o r fo rc e U n e m p lo y e d E m p lo y e d N o n in s t i Year t u tio n a l p o p u la tio n N o t in C i v ilia n N um ber P e rc e n t of p o p u la tio n P e rc e n t of P e rc e n t of T o ta l p o p u la tio n N o n a g r i- A rm e d Fo rc e s T o ta l A g r ic u lt u r e N um ber c u ltu r a l la b o r fo rc e la b o r fo rc e i n d u s tr ie s 1950 ............ 1955 ............ 1960 ............ 106,164 111,747 119,106 63,377 67,087 71,489 59.7 60.0 60.0 60,087 64,234 67,639 56.6 57.5 56 8 1,169 2,064 1,861 58,918 62,170 65,778 7,160 6,450 5,458 51,758 55,722 60,318 3,288 2,852 3,852 5.2 4.3 5.4 42,787 44,660 46,617 1965 1966 1967 1968 1969 ............ ............ ............ ............ ............ 128,459 130,180 132,092 134,281 136,573 76,401 77,892 79,565 80,990 82,972 59.5 59 8 60.2 60.3 60.8 73,034 75,017 76,590 78,173 80,140 56.9 57.6 58.0 58.2 58.7 1,946 2,122 2,218 2,253 2,238 71,088 72,895 74,372 75,920 77,902 4,361 3,979 3,844 3,817 3,606 66,726 68,915 70,527 72,103 74,296 3,366 2,875 2,975 2,817 2,832 4.4 3.7 3.7 3.5 3.4 52,058 52,288 52,527 53,291 53,602 1970 1971 1972 1973 1974 ............ ............ ............ ............ ............ 139,203 142,189 145,939 148,870 151,841 84,889 86,355 88,847 91,203 93,670 61.0 60.7 60 9 61.3 61.7 80,796 81,340 83,966 86,838 88,515 58 0 57.2 57.5 58.3 58.3 2,118 1,973 1,813 1,774 1,721 78,678 79,367 82,153 85,064 86,794 3,463 3,394 3.484 3,470 3,515 75,215 75,972 78,669 81,594 83,279 4,093 5,016 4,882 4,355 5,156 4.8 5.8 5.5 4.8 5.5 54,315 55,834 57,091 57,667 58,171 1975 1976 1977 1978 1979 ............ ............ ............ ............ ............ 154,831 157,818 160,689 c163,541 166,460 95,453 97,826 100,665 103,882 106,559 61.6 62.0 62.6 63.5 64.0 87,524 90,420 93,673 97,679 100,421 56.5 57.3 58.3 59.7 60.3 1,678 1,668 1,656 1,631 1,597 85,845 88,752 92,017 96,048 98,824 3,408 3,331 3,283 3,387 3,347 82,438 85,421 88,734 92,661 95,477 7,929 7,406 6,991 6,202 6,137 8.3 7.6 6.9 6.0 5.8 59,377 59,991 60,025 59,659 59,900 1980 ............ 1981 ............ 1982 ............ 1983 169,349 171,775 173,939 175,891 108,544 110,315 111,872 113,226 64.1 65 2 64.3 64.4 100,907 102,042 101,194 102,510 59.6 59 4 58.2 58.3 1,604 1,645 1,668 1,676 99,303 100,397 99,526 100,834 3,364 3,368 3,401 3,383 95,938 97,030 96,125 97,450 7,637 8,273 10,578 10,717 7.0 7.5 9.5 9.5 60,806 61,460 62,067 62,665 c = corrected. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 67 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Household Data 2. Employment status of the population, including Armed Forces in the United States, by sex, seasonally adjusted [Numbers in thousands] A nnu al av e ra g e 1983 1984 E m p lo y m e n t s t a tu s a n d s e x 1982 1983 S e p t. O c t. Nov. D ec. Jan. Feb. M a r. A p r. May June J u ly A ug. S e p t. TO TAL Noninstitutional population1'2 . . . ............ Labor force2 ...................................... Participation rate3 ..................... Total employed2 Employment-population rate4 . . . . Resident Armed Forces1 ................. Civilian employed.......................... Agriculture ............................... Nonagricultural industries............ Unemployed................. Unemployment rate5 ................... Not in labor force ............................... 173,939 111,872 64.3 101,194 58.2 1,668 99,526 3,401 96,125 10,678 9.5 62,067 175,465 112,646 64.2 101,277 57.7 1,671 99,606 3,392 96,214 11,369 10.1 62,819 176,297 113,924 64.6 103,571 58.7 1,695 101,876 3,308 98,568 10,353 9.1 62,373 176,474 113,561 64.3 103,665 58.7 1,695 101,970 3,240 98,730 9,896 8.7 62,913 176,636 113,720 64.4 104,291 59.0 1,685 102,606 3,257 99,349 9,429 8.3 62,916 176,809 113,824 64.4 104,629 59.2 1,688 102,941 3,356 99,585 9,195 8.1 62,985 177,219 113,901 64.3 104,876 59.2 1,686 103,190 3,271 99,918 9,026 7.9 63,318 177,363 114,377 64.5 105,576 59.5 1,684 103,892 3,395 100,496 8,801 7.7 62,986 177,510 114,598 64.6 105,826 59.6 1,686 104,140 3,281 100,859 8,772 7.7 62,912 177,662 114,938 64.7 106,095 59.7 1.693 104,402 3,393 101,009 8,843 7.7 62,724 177,813 115,493 65.0 106,978 60.2 1,690 105,288 3,389 101,899 8,514 7.4 62,320 177,974 115,567 64.9 107,438 60.4 1,690 105,748 3,403 102,344 8,130 7.0 62,407 178,138 115,636 64.9 107,093 60.1 1,698 105,395 3,345 102,050 8,543 7.4 62,503 178,295 115,206 64.6 106,681 59 8 1,712 104,969 3,224 101,744 8,526 74 63,089 178,483 115 419 64 7 106 959 59 9 1,720 105,239 3,315 101,923 8 460 73 63,064 83,052 63,979 77.0 57,800 69.6 1,527 56,271 6,179 9.7 84,064 64,580 76.8 58,320 69.4 1,533 56,787 6,260 9.7 84,261 64,877 77.0 58,828 69.8 1,549 57,279 6,049 9.3 84,344 64,709 76.7 58,950 69.9 1,543 57,407 5,759 8.9 84,423 64,846 76.8 59,389 70.3 1,534 57,855 5,457 8.4 84,506 64,838 76.7 59,580 70.5 1,537 58,043 5,258 8.1 84,745 64,930 76.6 59,781 70.5 1,542 58,239 5,149 7.9 84,811 65,093 76.8 60,147 70 9 1,540 58,607 4,946 7.6 84,880 65,156 76.8 60,290 71.0 1,542 58,748 4,867 7.5 84,953 65,212 76.8 60,293 71.0 1,548 58,745 4,919 7.5 85,024 65,307 76.8 60,629 71.3 1,545 59,084 4,678 7.2 85,101 65,452 76.9 60,923 71.6 1,545 59,378 4,529 6.9 85,179 65,362 76.7 60,607 71 2 1,551 59,056 4,756 7.3 85,257 65,244 76.5 60,661 71 2 1,563 59,098 4,583 7.0 85,352 65,614 76 9 60 912 71 4 1,571 57,341 4 702 7.2 90,887 47,894 52.7 43,395 47.7 139 43,256 4,499 9.4 91,827 48,646 53.0 44,190 48.1 143 44,047 4,457 9.2 92,036 49,047 53.3 44,743 48.6 146 44,597 4,304 8.8 92,129 48,852 53.0 44,715 48.5 152 44,563 4,137 8.5 92,214 48,874 53 0 44,902 48.7 151 44,751 3,972 8.1 92,302 48,986 53.1 45,049 48.8 151 44,898 3,937 8.0 92,474 48,971 53.0 45,094 48.8 144 44,950 3,876 7.9 92,552 49,283 53.2 45,429 49.1 144 45,285 3,855 7.8 92,630 49,442 53.4 45,536 49.2 144 45,392 3.905 7.9 92,709 49,725 53.6 45,802 49.4 145 45,657 3,924 7.9 92,789 50,186 54.1 46,350 50.0 145 46,205 3,836 7.6 92,873 50,115 54 0 46,515 50.1 145 46,370 3,600 7.2 92,958 50,273 54.1 46,486 50.0 147 46,339 3,787 7.5 93,039 49,963 53.7 46,020 49 5 149 45,871 3,943 7.9 93,132 49,804 53 5 46,047 49 4 149 45,898 3 758 7.5 M e n , 16 y e a rs an d o ver Noninstitutional population1'2 ................... Labor force2 .................................... Participation rate3 ..................... Total employed2 ............................... Employment-population rate4 . . . . Resident Armed Forces1 ................. Civilian employed.......................... Unemployed.................................... Unemployment rate5 ................... W o m e n , 16 yea rs and o ver Noninstitutional population1'2 ................... Labor force2 ...................................... Participation rate3 ...................... Total employed2 ............................... Employment-population rate4 . . . . Resident Armed Forces1 ................. Civilian employed.......................... Unemployed.......................... Unemployment rate5 ................... 1The population and Armed Forces figures are not adjusted for seasonal variation. 2Includes members of the Armed Forces stationed in the United States. Labor force as a percent of the noninstitutional population. 68 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4Total employed as a percent of the noninstitutional population. Unemployment as a percent of the labor force (including the resident Armed Forces). 3. E m ploym ent status of the civilian population by sex, age, race, and H ispanic origin, seasonally adjusted [Numbers in thousands] A n n u al a verag e 1983 1984 E m p lo y m e n t s ta tu s 1982 1983 S e p t. O c t. Nov. D ec. Jan. Feb. M a r. A p r. M ay June J u ly A ug. S e p t. TO TAL Civilian noninstitutional population1 ............ Civilian labor force............................... Participation rate........................ Employed ...................................... Employment-population ratio2 . . . . Unemployed.................................... Unemployment rate ................... Not in labor force ............................... 172,271 110,204 64.0 99,526 57.8 10,678 9.7 62,067 174.215 111,550 64.0 100,834 57.9 10,717 9.6 62,665 174,602 112,229 64 3 101,876 58 3 10,353 9.2 62,373 174,779 111,866 64.0 101,970 58.3 9,896 8.8 62,913 174,951 112,035 64 0 102,606 58 6 9,429 8.4 62,916 175,121 112,136 64.0 102,941 58.8 9,195 8.2 62,985 175,533 112,215 63.9 103,190 58.8 9,026 8.0 63,318 175,679 112,693 64.1 103,892 59.1 8,801 7.8 62,986 175,824 112,912 64.2 104,140 59.2 8,772 7.8 62,912 175,969 113,245 64.4 104,402 59.3 8,843 7.8 62,724 176,123 113,803 64.6 105,288 59.8 8,514 7.5 62,320 176,284 113,877 64.6 105,748 60.0 8,130 7.1 62,407 176,440 113,938 64.6 105,395 59.7 8,543 7.5 62,502 176,583 113,494 64.3 104,969 59.4 8,526 7.5 63,089 176,763 113,699 64.3 105,239 59.5 8,460 7.4 63,064 73,644 57,980 78.7 52,891 71.8 2,422 50,469 5,089 8.8 74,872 58,744 78.5 53,4897 71.4 2,429 51,058 5,257 8.9 75,115 59,012 78.6 53,947 71.8 2,431 51,516 5,065 8.6 75,216 58,949 78.4 54,140 72.0 2,376 51,764 4,809 8.2 75,327 59,053 78.4 54,457 72.3 2,336 52,121 4,596 7.8 75,433 59,050 78.3 54,658 72.5 2,374 52,284 4,392 7.4 75,692 59,299 78.3 54,999 72.7 2,356 52,643 4,300 7.3 75,786 59,394 78.4 55,266 72.9 2,409 52,857 4,128 7.0 75,880 59,388 78.3 55,368 73.0 2,364 53,004 4,020 6.8 75,973 59,480 78.3 55,385 72.9 2,453 52,932 4,095 6.9 76,073 59,546 78.3 55,685 73.2 2,451 53,234 3,861 6.5 76,176 59,726 78.4 55,970 73.5 2,469 53,501 3,755 6.3 76,269 59,694 78.3 55,789 73.1 2,455 53,334 3,906 6.5 76,350 59,752 78.3 55,899 .73.2 2,392 53,507 3,853 6.4 76,451 59,898 78.3 56,022 73.3 2,403 53,620 3,875 6.5 82,864 43,699 52.7 40,086 48.4 601 39,485 3,613 8.3 84,069 44,636 53.1 41,004 48.8 620 40,384 3,632 8.1 84,333 45,062 53.4 41,550 49.3 581 40,969 3,512 7.8 84,443 44,936 53.2 41,570 49.2 597 40,973 3,366 7.5 84,553 44,953 53.2 41,738 49.4 638 41,100 3,215 7.2 84,666 45,024 53.2 41,843 49.4 653 41,190 3,181 7.1 84,860 44,981 53.0 41,798 49.3 625 41,174 3,182 7.1 84,962 45,258 53.3 42,138 49.6 640 41,498 3,120 6.9 85,064 45,459 53.4 42,315 49.7 574 41,741 3,144 6.9 85,168 45,703 53.7 42,517 49.9 619 41,898 3,186 7.0 85,272 46,222 54.2 43,098 50.5 610 42,487 3,124 6.8 85,380 46,101 54.0 43,146 50.5 623 42,523 2,955 6.4 85,488 46,261 54.1 43,088 50.4 573 42,515 3,173 6.9 85,581 46,082 53.8 42,819 50.0 563 42,255 3,264 7.1 85,688 45,859 53.5 42,807 50.5 595 42,212 3,053 6.7 15,763 8,526 54.1 6,549 41.5 378 6,171 1,977 23.2 15,274 8,171 53.5 6,342 41.5 334 6,008 1,829 22.4 15,154 8,155 53.8 6,379 42.1 296 6,083 1,776 21.8 15,120 7,981 52.8 6,260 41.4 267 5,993 1,721 21.6 15,072 8,029 53.3 6,411 42.5 283 6,128 1,618 20.2 15,022 8,062 53.7 6,440 42.9 329 6,111 1,622 20.1 14,981 7,935 53.0 6,392 42.7 290 6,102 1,543 19.4 14,931 8,041 53.9 6,488 43.5 346 6,142 1,553 19.3 14,880 8,065 54.2 6,457 43.4 343 6,114 1,608 19.9 14,828 8,062 54.4 6,500 43.8 321 6,179 1,562 19.4 14,778 8,034 54.4 6,505 44.0 327 6,178 1,529 19.0 14,728 8,050 54.7 6,631 45.0 311 6,320 1,419 17.6 14,683 7,982 54.4 6,518 44.4 317 6,201 1,464 18.3 14,653 7,660 52.3 6,251 42.7 269 5,982 1,409 18.4 14,624 7,942 54.3 6,410 43.8 318 6,092 1,532 19.3 149,441 96,143 64.3 87,903 58.8 8,241 8.6 150,805 97,021 64.3 88,893 58.9 8,128 8.4 151,021 97,507 64.6 89,693 59.4 7,814 8.0 151,175 97,339 64.4 89,851 59.4 7,488 7.7 151,324 97,559 64.5 90.430 59.8 7,129 7.3 151,484 97,724 64.5 90,779 59.9 6,945 7.1 151,939 97,813 64.4 91,044 59.9 6,768 6.9 152,079 98,167 64.6 91,544 60.2 6,623 6.7 152,285 98,424 64.6 91,845 60.3 6,580 6.7 152,178 98,495 64.7 91,933 60.4 6,562 6.7 152,229 98,853 64.9 92,505 60.8 6,348 6.4 152,295 98,770 64.9 92,697 60.9 6,072 6.1 152,286 98,710 64.8 92,430 60.7 6,280 6.4 152,402 98,156 64.4 91,850 60.3 6,306 6.4 152,471 98,388 64.5 92,074 60.4 6,314 6.4 18,584 11,331 61.0 9,189 49.4 2,142 18.9 18,925 11,647 61.5 9,375 49.5 2,272 19.5 18,994 11,720 61.7 9,504 50.0 2,216 18.9 19,026 11,565 60.8 9,449 49.7 2,116 18.3 19,057 11,623 61.0 9,563 50.2 2,060 17.7 19,086 11,650 61.0 9,582 50.2 2,068 17.8 19,196 11,660 60.7 9,707 50.6 1,953 16.7 19,222 11,881 61.8 9,958 51.8 1,923 16.2 19,248 11,867 61.7 9,896 51.4 1,972 16.6 19,274 11,934 61.9 9,923 51.5 2,011 16.8 19,302 12,008 62.5 10,105 52.4 1,903 15.8 19,330 11,962 61.9 10,168 52.6 1,795 15.0 19,360 12,076 62.4 10,041 51.9 2,035 16.9 19,386 12,176 62.8 10,226 52.8 1,950 16.0 19,416 12,079 62.2 10,259 52 8 1,820 15.1 9,400 5,983 63.6 5,158 54.9 825 13.8 12,771 8,119 63.6 6,995 54.8 1,124 13.8 9,700 6,202 63.9 5,392 55.6 810 13.1 9,745 6,165 63.3 5,398 55.4 767 12.4 9,677 6,232 64.4 5,463 56.5 769 12.3 9,735 6,267 64.4 5,540 56.9 727 11.6 9,778 6,336 64.8 5,627 57.6 708 11.2 9,906 6,292 63.5 5,652 57.1 639 10.2 10,080 6,484 64.3 5,751 57.1 733 11.3 10,072 6,378 63.3 5,643 56.0 735 11.5 10,026 6,332 63 2 5,666 56.5 666 10.5 9,824 6,298 64.1 5,669 57.7 629 10.0 9,738 6,293 64.6 5,626 57.8 667 10.6 9,785 6,271 64.1 5,600 57.2 672 10.7 9,713 6,328 65.2 5,650 58.2 678 10.7 M e n , 2 0 y e a rs an d o ver Civilian noninstitutional population' ............ Civilian labor force............................... Participation rate........................ Employed ...................................... Employment-population ratio2 . . . . Agriculture.................................... Nonagricultural industries .............. Unemployed.................................... Unemployment rate ................... W o m e n , 2 0 yea rs and o ver Civilian noninstitutional population' ............ Civilian labor force............................... Participation rate........................ Employed ...................................... Employment-population ratio2 . . . . Agriculture.................................... Nonagricultural industries .............. Unemployed.................................... Unemployment rate ................... B o th s e x e s , 1 6 t o 1 9 y e a r s Civilian noninstitutional population' ............ Civilian labor force............................... Participation rate........................ Employed ...................................... Employment-population ratio2 . . . . Agriculture.................................... Nonagricultural industries .............. Unemployed.................................... Unemployment rate ................... W h it e Civilian noninstitutional population' ............ Civilian labor force ................................ Participation rate........................ Employed ...................................... Employment-population ratio2 . . . . Unemployed.................................... Unemployment rate ................... B la c k Civilian noninstitutional population' ............ Civilian labor force............................... Participation rate........................ Employed ...................................... Employment-population ratio2 . . . . Unemployed.................................... Unemployment rate ................... H is p a n ic o r ig in Civilian noninstitutional population'............ Civilian labor force............................... Participation rate........................ Employed ...................................... Employment-population ratio2 . . . . Unemployed.................................... Unemployment rate ................... 'The population figures are not seasonally adjusted. 2Civilian employment as a percent of the civilian noninstitutional population. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NOTE: Detail for the above race and Hispanic-origin groups will not sum to totals because data for the “ other races” groups are not presented and Híspanles are included In both the white and black population groups. 69 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Household Data 4. S elected em ploym ent indicators, seasonally adjusted [In thousands] A n n u al a verag e 1983 1984 S e le c t e d c a t e g o r ie s 1982 1983 S e p t. O c t. Nov. Dec. Jan. Feb. M a r. A p r. M ay June J u ly A ug. S e p t. C H A R A C T E R IS T IC Civilian employed, 16 years and over ................. Men....................................................... Women.................................................. Married men, spouse present...................... Married women, spouse present................. Women who maintain families ................... 99,526 56,271 43,256 38,074 24,053 5,099 100,834 56,787 44,047 37,967 24,603 5,091 101,876 101,970 102,606 102,941 103,190 103,892 104,140 104,402 105,288 105,748 105,395 104,969 105,239 57,279 57,407 57,855 58,043 58,239 58,607 58,748 58,745 59,084 59,378 59,056 59,098 59,341 44,597 44,563 44,751 44,898 44,950 45,285 45,392 45,657 46,205 46,370 46,339 45,871 45,898 38,232 38,240 38,388 38,494 38,682 38,911 38,927 39,062 39,159 39,072 39,121 39,029 39,034 24,921 24,953 25,057 25,140 24,947 25,212 25,239 25,457 25,722 25,786 25,716 25,764 25,641 5,124 5,254 5,172 5,236 5,293 5,346 5,444 5,491 5,668 5,688 5,662 5,507 5,412 Agriculture: Wage and salary workers .......................... Self-employed workers ............................. Unpaid family workers............................... 1,505 1,636 261 1,579 1,565 240 1,572 1,515 236 1,505 1,527 227 1,481 1,556 224 1,512 1,572 265 1,443 1,613 233 1,560 1,609 232 1,515 1,580 198 1,661 1,534 207 1,610 1,537 246 1,604 1,570 212 1,513 1,559 230 1,425 1,568 208 1,569 1,569 187 Nonagricultural industries: Wage and salary workers .......................... Government...................................... Private industries............................... Private households ..................... Other ......................................... Self-employed workers ............................. Unpaid family workers............................... 88,462 15,562 72,945 1,207 71,738 7,262 401 89,500 15,537 73,963 1,247 72,716 7,575 376 90,743 15,560 75,183 1,279 73,904 7,656 380 90,617 15,578 75,039 1,278 73,761 7,695 405 91,094 15,585 75,509 1,216 74,293 7,800 474 91,422 15,481 75,941 1,241 74,700 7,734 450 91,641 15,535 76,106 1,197 74,909 7,936 364 92,379 15,822 76,557 1,219 75,339 7,849 330 92,819 15,813 77,006 1,155 75,851 7,755 326 92,931 15,784 77,147 1,296 75,851 7,834 338 93,928 15,761 78,167 1,347 76,820 7,707 311 94,040 15,685 78,355 1,329 77,026 7,828 348 93,841 15,604 78,236 1,239 76,997 7,717 306 93,554 15,782 77,772 1,181 76,591 7,829 324 94,122 15,959 78,163 1,185 76,979 7,721 314 90,552 72,245 5.852 2,169 3,683 12,455 92,038 73,624 5,997 1,826 4,171 12,417 93,322 74,666 6,027 1,771 4,256 12,629 93,273 75,047 5,724 1,617 4,107 12,502 93,834 75,398 5,848 1,719 4,129 12,588 94,173 75,802 5,712 1,672 4,040 12,659 94,707 76,237 5,943 1,771 4,172 12,527 95,067 76,715 5,808 1,611 4,197 12,545 94,982 77,004 5,463 1,472 3,991 12,515 96,918 78,276 5,593 1,530 4,063 13,049 96,523 78,280 5,353 1,549 3,804 12,889 96,500 78,496 5,491 1,654 3,837 12,514 96,848 78,659 5,300 1,589 3,711 12,889 96,921 78,799 5,324 1,749 3,576 12,797 96,448 78,291 5,496 1,675 3,821 12,662 M A J O R IN D U S T R Y A N D C L A S S O F W O R K E R PERSONS AT W O R K 1 Nonagricultural industries................................. Full-time schedules ................................. Part time for economic reasons................... Usually work full time ........................ Usually work part tim e........................ Part time for noneconomic reasons.............. 1Excludes persons “ with a job but not at work” during the survey period for such reasons as vacation, illness, or industrial disputes. 5. S elected unem ploym ent indicators, seasonally adjusted [Unemployment rates] A nnu al av e ra g e 1983 1984 S e le c t e d c a t e g o r ie s 1982 1983 S e p t. O c t. Nov. D ec. Jan. Feb. M a r. A p r. M ay June J u ly A ug. S e p t. Total, all civilian workers................................. Both sexes, 16 to 19 years........................ Men, 20 years and over............................. Women, 20 years and over........................ 9.7 23.2 8.8 8.3 9.6 22.4 8.9 8.1 9.2 21.8 8.6 7.8 8.8 21.6 8.2 7.5 8.4 20.2 7.8 7.2 8.2 20.1 7.4 7.1 8.0 19.4 7.3 7.1 7.8 19.3 7.0 6.9 7.8 19.9 6.8 6.9 7.8 19.4 6.9 7.0 7.5 19.0 6.5 6.8 7.1 17.6 6.3 6.4 7.5 18.3 6.5 6.9 7.5 18.4 6.4 7.1 7.4 19.3 6.5 6.7 White, total............................................. Both sexes, 16 to 19 years ................. Men, 16 to 19 years ................... Women, 16 to 19 years .............. Men, 20 years and o ver..................... Women, 20 years and over ................. 8.6 20.4 21.7 19.0 7.8 7.3 8.4 19.3 20.2 18.3 7.9 6.9 8.0 18.2 18.9 17.4 7.7 6.6 7.7 18.5 19.8 16.9 7.3 6.3 7.3 17.2 17.6 16.6 6.9 6.0 7.1 17.0 17.5 16.5 6.7 5.9 6.9 16.2 17.8 14.5 6.3 6.0 6.7 16.5 16.4 16.7 6.1 5.8 6.7 17.1 17.3 16.8 5.8 5.9 6.7 16.2 16.6 15.7 5.9 6.0 6.4 16.2 16.8 15.5 5.6 5.8 6.1 15.5 16.5 14.5 5.3 5.6 6.4 15.3 17.8 12.6 5.5 5.9 6.4 15.9 16.2 15.5 5.5 6.0 6.4 16.6 17.3 15.8 5.6 5.8 Black, to ta l............................................. Both sexes, 16 to 19 years ................. Men, 16 to 19 years ................... Women, 16 to 19 years .............. Men, 20 years and o ve r..................... Women, 20 years and over ................. 18.9 48.0 48.9 47.1 17.8 15.4 19.5 48.5 48.8 48.2 18.1 16.5 18.9 51.1 52.7 49.2 16.9 16.1 18.3 48.7 45.6 52.2 16.3 15.9 17.7 47.3 44.9 50.0 15.6 15.6 17.8 49.0 46.4 51.9 15.1 15.9 16.7 47.9 47.1 48.8 14.8 14.3 16.2 43.5 46.7 39.9 14.1 14.4 16.6 46.7 44.4 49.6 15.4 13.5 16.8 44.8 42.8 47.1 16.0 13.4 15.8 44.1 40.9 48.2 14.1 13.6 15.0 34.3 35.3 33.1 14.8 12.4 16.9 42.4 42.6 42.1 15.7 14.0 16.0 41.7 40.6 42.9 14.2 14.1 15.1 41.7 39.9 43.7 13.5 12.6 Hispanic origin, total................................. 13.8 13.8 13.1 12.4 12.3 11.6 11.2 10.2 11.3 11.5 10.5 10.0 10.6 10.7 10.7 Married men, spouse present..................... Married women, spouse present................. Women who maintain families ................... 6.5 7.4 11.7 6.5 7.0 12.2 6.1 6.8 12.0 5.7 6.3 11.4 5.5 6.0 10.5 5.2 6.1 10.9 5.0 6.0 10.7 4.9 5.9 11.0 4.7 5.8 11.0 4.7 5.8 10.5 4.5 5.8 9.8 4.5 5.6 9.6 4.6 5.9 9.6 4.4 6.0 10.5 4.6 5.8 10.0 Full-time workers...................................... Part-time workers .................................... Unemployed 15 weeks and over ................. Labor force time lost1 ............................... 9.6 10.5 3.2 11.0 9.5 10.4 3.8 10.9 9.1 10.1 3.5 10.5 8.7 10.0 3.3 10.0 8.2 9.8 3.1 9.7 8.0 9.8 3.0 9.4 7.8 9.2 2.9 9.2 7.5 9.3 2.6 8.9 7.5 9.2 2.5 8,8 7.6 9.1 2.5 8.9 7.2 9.3 2.5 8.5 6.7 10.3 2.3 8.3 7.2 9.6 2.4 8.7 7.2 9.6 2.3 8.5 7.1 9.4 2.3 8.5 10.1 13.4 20.0 12.3 13.3 10.8 6.8 10.0 6.9 4.9 14.7 9.9 17.0 18.4 11.2 12.1 10.0 7.4 10.0 7.2 5.3 16.0 9.4 16.9 18.1 10.2 10.9 9.3 7.4 9.5 7.0 5.0 16.5 9.0 12.1 15.8 9.6 10.2 8.7 7.2 9.8 6.9 5.1 16.2 8.6 12.8 15.6 8.9 9.0 8.7 6.7 9.1 6.7 4.9 15.7 8.3 12.4 16.3 8.3 8.3 8.2 6.5 8.8 6.6 5.0 15.6 7.9 10.9 15.0 8.4 8.0 8.9 5.1 8.4 6.3 5.0 15.5 7.8 12.2 15.1 7.5 7.3 7.8 5.9 8.3 6.3 4.5 14.0 7.6 11.2 13.3 7.5 7.8 7.2 5.0 8.3 6.4 4.4 14.6 7.7 10.3 14.3 7.7 7.5 8.0 5.4 8.7 6.1 4.4 12.2 7.2 8.9 14.8 7.1 7.0 7.1 5.5 7.9 5.5 4.7 13.9 7.0 7.1 14.8 7.2 7.2 7.3 5.2 7.2 5.4 4.1 11.8 7.4 7.5 14.7 7.5 6.7 8.6 6.1 7.8 5.9 4.5 14.6 7.5 10.3 14.0 7.5 6.9 8.3 6.2 7.8 6.1 4.3 12.8 7.4 8.6 13.8 7.6 7.0 8.4 6.1 8.2 5.6 4.5 15.0 C H A R A C T E R IS T IC IN D U S T R Y Nonagricultural private wage and salary workers . . Mining .................................................. Construction ........................................... Manufacturing ......................................... Durable goods ................................. Nondurable goods ............................. Transportation and public utilities................. Wholesale and retail trade.......................... Finance and service industries ......... '. . . . Government workers ...................................... Agricultural wage and salary workers ................. 1Aggregate hours lost by the unemployed and persons on part time for economic reasons as a percent of potentially available labor force hours. 70 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6. U nem p loym ent rates by sex and age, seasonally adjusted [Civilian workers] A nnu al a verag e 1983 1984 S ex and age 1982 1983 S e p t. O c t. Nov. Dec. Jan. Feb. M a r. A p r. M ay June J u ly A ug. S e p t. Total, 16 years and over ................................. 16 to 24 years ........................................... 16 to 19 years......................................... 16 to 17 years...................................... 18 to 19 years...................................... 20 to 24 years......................................... 25 years and over ...................................... 25 to 54 years...................................... 55 years and over .................................. 9.7 17.8 23.2 24.9 22.1 14.9 7.4 7.9 5.0 9.6 17.2 22 4 24.5 21.1 14.5 7.5 8.0 5.3 9.2 16.5 21.8 24.0 20.5 14.4 7.2 7.7 5.2 8.8 16.3 21.6 24.0 20.3 13.8 6.8 7.2 5.0 8.4 15.4 20.2 21.9 19.3 13.6 6.5 6.9 4.9 8.2 14.9 20.1 22.9 18.8 13.0 6.4 6.8 4.9 8.0 14.8 19.4 21.9 17.6 12.2 6.2 6.5 4.7 7.8 14.2 19.3 22.1 17.5 12.5 6.1 6.4 4.3 7.8 14.4 19.9 23.1 18.1 11.6 5.9 6.3 4.3 7.8 14.6 19.4 22.3 17.5 11.6 6.0 6.3 4.2 7.5 14.0 19.0 20.2 18.2 12.2 5.7 6.0 4.4 7.1 13.0 17.6 19.7 16.3 11.5 5.6 5.7 4.6 7.5 13.6 18.3 20.5 16.7 10.7 5.9 6.2 4.4 7.5 14.0 18.4 21.4 16.7 11.8 5.8 6.1 4.6 7.4 14.1 19.3 21.3 17.9 11.5 5.7 5.9 4.5 Men, 16 years and over............................. 16 to 24 years...................................... 16 to 19 years ................................. 16 to 17 years............................... 18 to 19 years............................... 20 to 24 years 25 years and over ................................. 25 to 54 years ............................... 55 years and over .......................... 9.9 19.1 24.4 26.4 23.1 16.4 7.5 8.0 5.1 9.9 18.4 23.3 25.2 22 2 15.9 7.8 8.2 5.6 9.6 17.6 22.8 23.9 22.2 15.0 7.5 8.0 5.6 9.1 17.3 22.5 24.3 21.6 14.7 7.0 7.4 5.4 8.6 15.9 20.2 22 0 19.6 13.8 6.8 7.1 5.4 8.3 15.6 20.4 23.3 18.9 13.3 6.5 6.7 5.4 8.1 15.6 20 8 21.6 19.6 13.1 6.2 6.6 4.8 7.8 14.6 19.7 21.6 18.1 12.1 6.1 6.4 4.5 7.7 14.6 20.0 23.0 18.2 11.9 5.9 6.1 4.6 7.7 15.0 19.7 23.7 17.3 12.7 5.9 6.2 4.4 7.3 14.0 19.4 21.3 18.3 11.5 5.7 5.9 4.5 7.1 13.7 18.5 22.7 16.1 11.4 5.4 5.6 4.3 7.5 14.6 20.6 23.0 18.8 11.7 5.7 5.9 4.6 7.2 14.3 18.6 22.1 16.5 12.3 5.5 5.7 4.6 7.3 14.8 19.9 21.1 19.1 12.3 5.5 5.6 5.0 Women, 16 years and over........................ 16 to 24 years...................................... 16 to 19 years ................................. 16 to 17 years............................... 18 to 19 years............................... 20 to 24 years ................................. 25 years and over ................................. 25 to 54 years ............................... 55 years and over .......................... 9.4 16.2 21.9 23.2 21.0 13.2 7.3 7.7 4.8 9.2 15.8 21.3 23.7 19.9 12.9 7.2 7.7 4.7 8.8 15.2 20.6 24 0 18.5 12.5 6.9 7.3 4.5 8.5 15.1 20 5 23 6 18.8 12.3 6.5 7.0 4.4 8.2 14.7 20.1 21.8 19.0 12.0 6.2 6.6 4.1 8.1 14.0 19.8 22.5 18.7 11.0 6.3 6.8 4.3 7.9 13.9 18.0 22.2 15.4 11.7 6.2 6.5 4.5 7.8 13.7 18.9 22.6 16.9 11.0 6.1 6.5 4.0 7.9 14.2 19.8 23.1 18.1 11.3 6.0 6.5 3.9 7.9 14.1 19.0 20.8 17.8 11.6 6.0 6.4 3.9 7.7 14.0 18.6 19.0 18.1 11.6 5.8 6.1 4.3 7.2 12.2 16.7 16.4 16.5 9.9 5.8 5.8 5.0 7.6 12.5 15.9 17.9 14.4 10.8 6.1 6.5 4.2 7.9 13.7 18.2 20.6 16.9 11.4 6.3 6.6 4.4 7.6 13.2 18.6 21.4 16.8 10.4 5.9 6.3 3.9 7. U nem ployed persons by reason fo r unem ploym ent, seasonally adjusted [Numbers in thousands] A n n u al av e ra g e 1983 1984 R e a s o n l o r u n e m p lo y m e n t Job losers ..................................................... On layoff ................................................ Other job losers ...................................... Job leavers..................................................... Reentrants..................................................... New entrants.................................................. 1982 1983 S e p t. O c t. Nov. D ec. Jan. Feb. M a r. A p r. M ay June J u ly Aug. S e p t. 6,258 2,127 4,141 840 2,384 1,185 6,258 1,780 4,478 830 2,412 1,216 5,938 1,562 4,376 858 2,362 1,234 5,601 1,392 4,209 866 2,322 1,127 5,226 1,321 3,905 868 2,250 1,154 5,017 1,283 3,734 855 2,246 1,150 4,825 1,238 3,588 809 2,192 1,175 4,737 1,272 3,465 772 2,153 1,092 4,614 1,254 3,360 756 2,208 1,213 4,527 1,108 3,419 781 2,308 1,216 4,327 1,192 3,134 804 2,178 1,186 4,220 1,166 3,055 800 1,968 1,136 4,511 1,164 3,346 865 2,091 1,092 4,218 1,152 3,066 835 2,322 1,093 4,211 1,109 3,102 845 2,298 1,052 100.0 58 7 19.9 38.8 7.9 22.3 11.1 100.0 58.4 16.6 41.8 7.7 22.5 11.3 100.0 57.1 15.0 42.1 8.3 22 7 11.9 100.0 56.5 14.0 42.4 8.7 23.4 11.4 100.0 55.0 13.9 41.1 9.1 23.7 12.1 100.0 54.1 13.8 40.3 9.2 24.2 12.4 100.0 53.6 13.7 39.9 9.0 24.4 13.1 100.0 54.1 14.5 39.6 8.8 24.6 12.5 100.0 52.5 14.3 38 2 8.6 25.1 13.8 100.0 51.3 12.5 38.7 8.8 26.1 13.8 100.0 50.9 14.0 36 9 9.5 25.6 14.0 100.0 51.9 14.4 37.6 9.8 24.2 14.0 100.0 52.7 13.6 39.1 10.1 24.4 12.8 100 0 49.8 13.6 36.2 9.9 27.4 12.9 100.0 50.1 13.2 36.9 10.1 27.3 12.5 5.7 .8 2.2 1.1 5.6 .7 2.2 1.1 5.3 8 2.1 1.1 5.0 .8 2.1 1.0 4.7 .8 2.0 1.0 4.5 .8 2.0 1.0 4.3 .7 2.0 1.0 4.2 .7 1.9 1.0 4.1 .7 2.0 1.1 4.0 .7 ¿.0 1.1 3.8 .7 1.9 1.0 3.7 .7 1.7 1.0 4.0 .8 1.8 1.0 3.7 .7 2.0 1.0 3.7 .7 2.0 .9 P E R C E N T D I S T R IB U T IO N Total unemployed........................................... Job losers ..................................................... On layoff ................................................ Other job losers ...................................... Job leavers..................................................... Reentrants..................................................... New entrants.................................................. PERCENT OF C IV IL IA N L A B O R F O R C E Job losers . . . ........................................... Job leavers..................................................... Reentrants..................................................... New entrants.................................................. 8. D uration of unem ploym ent, seasonally adjusted [Numbers in thousands] A n n u al a verag e 1983 1984 W e e k s o l u n e m p lo y m e n t Less than 5 weeks ........................................... 5 to 14 weeks................................................ 15 weeks and over ......................................... 15 to 26 weeks......................................... 27 weeks and over.................................... Mean duration in weeks.................................... Median duration in weeks................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1982 1983 S e p t. O c t. Nov. D ec. Jan. Feb. M a r. A p r. M ay June J u ly A ug. S e p t. 3,883 3,311 3,485 1,708 1,776 15.6 8.7 3,570 2,937 4,210 1,652 2,559 20.0 10.1 3,740 2,784 3,889 1,383 2,506 20.2 9.4 3,504 2,725 3,655 1,372 2,283 20.1 9.5 3,328 2,616 3,527 1,337 2,190 20.2 9.4 3,382 2,504 3,369 1,284 2,085 19.6 9.0 3,233 2,556 3,201 1,166 2,035 20.5 9.2 3,359 2,484 2,984 1,173 1,810 18.8 8.3 3,386 2,539 2,873 1,114 1,759 18.8 8.3 3,438 2,493 2,855 1,111 1,744 18.5 8.1 3,238 2,433 2,851 1,186 1,664 18.4 8.7 3,174 2,294 2,619 1,008 1,611 18.6 7.2 3,462 2,490 2,689 1,100 1,589 18.1 7.6 3,555 2,333 2,606 1,113 1,493 17.3 7.5 3,286 2,539 2,600 1,085 1,515 17.1 7.6 71 EMPLOYMENT, HOURS, AND EARNINGS DATA FROM ESTABLISHMENT SURVEYS E mployment, hours, and earnings data in this section are com piled from payroll records reported monthly on a voluntary basis to the Bureau of Labor Statistics and its cooperating State agencies by over 200,000 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 establishment is not necessarily a firm; it may be a branch plant, for example, or warehouse.) Selfemployed 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 sur veys. Definitions Employed persons are all persons who received pay (including holiday and sick pay) for any part of the payroll period including the 12th of the month. Persons holding more than one job (about 5 percent of all persons in the labor force) are counted in each establishment which reports them. Production workers in manufacturing include blue-collar worker su pervisors and all nonsupervisory workers closely associated with produc tion operations. Those workers mentioned in tables 12-16 include production workers in manufacturing and mining; construction workers in construc tion; and nonsupervisory workers in transportation and public utilities; in wholesale and retail trade; in finance, insurance, and real estate; and in services industries. These groups account for about four-fifths of the total employment on private nonagricultural payrolls. Earnings are the payments production or nonsupervisory workers re ceive 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 reflect the effects of changes in consumer prices. The deflator for this series is derived from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). The Hourly Earnings Index is calculated from average hourly earnings data adjusted to exclude the effects of two types of changes that are unrelated to underlying wage-rate developments: fluctuations in overtime premiums 72 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 low-wage industries. Hours represent the average weekly hours of production or nonsuper visory workers for which pay was received and are different from standard or scheduled hours. Overtime hours represent the portion of gross average weekly hours which were in excess of regular hours and for which overtime premiums were paid. The Diffusion Index, introduced in table 17 of the May 1983 issue, represents the percent of 185 nonagricultural industries in which employ ment was rising over the indicated period. One-half of the industries with unchanged employment are counted as rising. In line with Bureau practice, data for the 3-, 6-, and 9-month spans are seasonally adjusted, while that for the 12-month span is unadjusted. The diffusion index is useful for measuring the dispersion of economic gains or losses and is also an eco nomic indicator. Notes on the data Establishment data collected by the Bureau of Labor Statistics are pe riodically adjusted to com prehensive counts o f em ploym ent (called “ benchmarks” ). The latest complete adjustment was made with the release of May 1984 data, published in the July 1984 issue of the Review. Con sequently, data published in the Review prior to that issue are not necessarily comparable to current data. Unadjusted data have been revised back to April 1982; seasonally adjusted data have been revised back to January 1979. Unadjusted data from April 1983 forward, and seasonally adjusted data from January 1980 forward are subject to revision in future bench marks. Earlier comparable unadjusted and seasonally adjusted data are published in a Supplement to Employment and Earnings (unadjusted data from April 1977 through February 1984 and seasonally adjusted data from January 1974 through February 1984) and in Employment and Earnings, United States, 1909-78, BLS Bulletin 1312-11 (for prior periods). A comprehensive discussion of the differences between household and establishment data on employment appears in Gloria P. Green, “ Com paring employment estimates from household and payroll surveys,” Monthly Labor Review, December 1969, pp. 9 -2 0 . See also BLS Handbook of Methods, Bulletin 2134-1 (Bureau of Labor Statistics, 1982). 9. E m ploym ent, by industry, selected years, 1 9 5 0 -8 3 [Nonagricultural payroll data, in thousands] G o o d s -p r o d u c in g S e r v ic e - p r o d u c in g T ra n s p o r Year T o ta l P r iv a t e s e c to r T o ta l M in in g C o n s tru c M a n u fa c tio n tu rin g T o ta l t a tio n W h o le and s a le p u b lic tra d e G o v e rn m e n t F in a n c e , R e t a il in s u ra n c e , tra d e an d real S e r v ic e s T o ta l F e d e ra l S t a te Local e s t a te u t il it ie s 1950 .......................... 1955 .......................... I9602 ........................ 1964 .......................... 1965 .......................... 45,197 50,641 54,189 58,283 60,765 39,170 43,727 45,836 48,686 50,689 18,506 20,513 20,434 21,005 21,926 901 792 712 634 632 2,364 2,839 2,926 3,097 3,232 15,241 16,882 16,796 17,274 18,062 26,691 30,128 33,755 37,278 38,839 4,034 4,141 4,004 3,951 4,036 2,635 2,926 3,143 3,337 3,466 6,751 7,610 8,248 8,823 9,250 1,888 2,298 2,629 2,911 2,977 5,357 6,240 7,378 8,660 9,036 6,026 6,914 8,353 9,596 10,074 1,928 2,187 2,270 2,348 2,378 (1) 1,168 1,536 1,856 1,996 (1) 3,558 4,547 5,392 5,700 1966 1967 1968 1969 1970 .......................... ........................... .......................... .......................... ........................... 63,901 65,803 67,897 70,384 70,880 53,116 54,413 56,058 58,189 58,325 23,158 23,308 23,737 24,361 23,578 627 613 606 619 623 3,317 3,248 3,350 3,575 3,588 19,214 19,447 19,781 20,167 19,367 40,743 42,495 44,160 46,023 47,302 4,158 4,268 4,318 4,442 4,515 3,597 3,689 3,779 3,907 3,993 9,648 9,917 10,320 10,798 11,047 3,058 3,185 3,337 3,512 3,645 9,498 10,045 10,567 11,169 11,548 10,784 11,391 11,839 12,195 12,554 2,564 2,719 2,737 2,758 2,731 2,141 2,302 2,442 2,533 2,664 6,080 6,371 6,660 6,904 7,158 1971........................... 1972 ........................... 1973 .......................... 1974 .......................... 1975 .......................... 71,214 73,675 76,790 78,265 76,945 58,331 60,341 63,058 64,095 62,259 22,935 23,668 24,893 24,794 22,600 609 628 642 697 752 3,704 3,889 4,097 4,020 3,525 18,623 19,151 20,154 20,077 18,323 48,278 50,007 51,897 53,471 54,345 4,476 4,541 4,656 4,725 4,542 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 2,747 2,859 2,923 3,039 3,179 7,437 7,790 8,146 8,407 8,758 1976 1977 1978 1979 1980 .......................... .......................... .......................... .......................... .......................... 79,382 82,471 86,697 89,823 90,406 64,511 67,344 71,026 73,876 74,166 23,352 24,346 25,585 26,461 25,658 779 813 851 958 1,027 3,576 3,851 4,229 4,463 4,346 18,997 19,682 20,505 21,040 20,285 56,030 58,125 61,113 63,363 64,748 4,582 4,713 4,923 5,136 5,146 4,546 4,708 4,969 5,204 5,275 13,209 13,808 14,573 14,989 15,035 4,271 4,467 4,724 4,975 5,160 14,551 15,303 16,252 17,112 17,890 14,871 15,127 15,672 15,947 16,241 2,733 2,727 2,753 2,773 2,866 3,273 3,377 3,474 3,541 3,610 8,865 9,023 9,446 9,633 9,765 1981.......................... 1982 .......................... 1983 .......................... 91,156 89,566 90,138 75,126 73,729 74,288 25,497 23,813 23,394 1,139 1,128 957 4,188 3,905 3,940 20,170 18,781 18,497 65,659 65,753 66,744 5,165 5,082 4,958 5,358 5,278 5,259 15,189 15,179 15,545 5,298 5,341 5,467 18,619 19,036 19,665 16,031 15,837 15,851 2,772 2,739 2,752 3,640 3,640 3,660 9,619 9,458 9,439 1Not available. 2Data include Alaska and Hawaii beginning in 1959. NOTE: See “ Notes on the data" for a description of the most recent benchmark revision. 10. Employment, by State [Nonagricultural payroll data, in thousands] S t a te August 1 983 J u ly 1 9 8 4 August 1984F S t a te August 1 983 J u ly 1 9 8 4 Alabama.............................................. AlasKa ................................................ Arizona .............................................. California ........................................... 1,323.7 233.7 1,037.7 740.3 9,878.3 1,348.4 234.3 1,111.9 766.7 10,328.5 1,353.1 236.8 1,114.8 773.6 10,351.2 Montana.............................................. Nebraska ........................................... Nevada .............................................. New Hampshire.................................... New Jersey......................................... 267.4 607.4 411.0 420.4 3,191.5 271.9 624.9 420.1 433.7 3,316.9 273.5 626.0 420.6 439.0 3,314.7 Colorado ........................................... Connecticut......................................... Delaware ........................................... District of Columbia ............................. Florida................................................ 1,320.8 1,429.1 270.8 601.9 3,829.1 1,359.3 1,485.7 274.3 617.2 4,079.4 1,365.3 1,478.2 276.2 611.8 4,084.1 New Mexico......................................... New Y ork........................................... North Carolina .................................... North Dakota...................................... Ohio.................................................. 481.9 7,266.8 2,384.9 250.1 4,074.0 495.9 7,500.2 2,442.1 252.0 4,174.9 498.3 7,467.2 2,463.4 251.5 4,173.9 Georgia .............................................. Hawaii................................................ Idaho ................................................ Illinois................................................ Indiana .............................................. 2,275.4 404.8 315.9 4,509.2 2,008.0 2,407.5 408.1 324.6 4,591.6 2,064.7 2,427.2 406.2 325.2 4,592.7 2,069.2 Oklahoma........................................... Oregon .............................................. Pennsylvania ...................................... Rhode Island...................................... South Carolina .................................... 1,163.3 965.4 4,525.4 394.1 1,176.4 1,181.0 986.7 4,625.5 400.0 1,238.7 1,181.5 995.7 4,629 3 404.4 1,234.4 Iowa................................................... Kansas .............................................. Kentucky ........................................... Louisiana ........................................... Maine................................................ 1,005.8 906 5 1,141.7 1,555.3 440.1 1,022.9 930.6 1,180.5 1,573.1 445 0 1,023.9 929.6 1,184.5 1,568.9 452.2 South Dakota...................................... Tennessee ........................................... Texas ................................................ Utah.................................................. Vermont.............................................. 235.7 1,727.8 6,126.6 567.4 205.5 240.7 1,817.5 6,337.6 595.8 209.5 239.5 1,814.3 6,345.4 598.5 210.3 Maryland ........................................... Massachusetts .................................... Michigan ........................................... Minnesota........................................... Mississippi ......................................... Missouri.............................................. 1,698.6 2,650.9 3,162.4 1,722.7 782.0 1,915.6 1,758.5 2,726.1 3,282.9 1,820.9 794.8 1,942.7 1,746.7 2,737.9 3,266.6 1,837.9 792 8 1,955.0 Virginia .............................................. Washington......................................... West Virginia...................................... Wisconsin........................................... Wyoming ........................................... 2,199.6 1,578.4 589.3 1,849.7 204.1 2,285.8 1,636.9 593.2 1,916.7 210.8 2,291.7 1,643.7 595.9 1,928.1 211.1 Virgin Islands...................................... 35.8 35.5 35.1 A u g u s t1 9 8 4 P p = preliminary. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 73 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Establishment Data 11. E m ploym ent, by industry, seasonally adjusted [Nonagricultural payroll data, in thousands] A n n u al ave ra g e 1983 1984 In d u s tr y d iv is io n a n d g ro u p 1982 1983 S e p t. O c t. Nov. Oec. Jan. Feb. M a r. A p r. 89,566 90,138 91,018 91,345 91,688 92,026 92,391 92,846 93,058 73,729 74,288 75,083 75,481 75,814 76.157 76,533 76,971 77,185 23,813 23,394 23,669 23,895 24,058 24,198 24,383 24,577 1,128 708 957 600 952 594 965 600 967 603 969 607 975 608 3,905 991 3,940 1,015 4,019 1,043 4,044 1,053 4,073 1,064 4,086 1,077 18,781 12,742 18,497 12,581 18,698 12,759 18,886 12,928 19,018 13,048 Production workers ................................. 11,039 7,311 10,774 7,151 10,923 7,289 11,071 7,421 Lumber and wood products ........................ Furniture and fixtures................................. Stone, clay, and glass products ................... Primary metal industries ............................. Blast furnaces and basic steel products . . . . Fabricated metal products............................. 598 432 577 922 396 1,427 658 447 573 838 343 1,374 680 456 581 849 346 1,389 Machinery, except electrical ........................ Electrical and electronic equipment................. Transportation equipment............................. Motor vehicles and equipment ................... Instruments and related products ................. Miscellaneous manufacturing........................ 2,244 2,008 1,735 699 716 382 2,038 2,024 1,756 758 695 371 Production workers ................................. 7,741 5,431 Food and kindred products.......................... Tobacco manufactures ............................... Textile mill oroducts ..................................... 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........................ TO TAL P R IV A T E S E C T O R G O O D S P R O D U C IN G M in in g Oil and gas extraction............................... C o n s t r u c tio n General building contractors........................ M a n u f a c t u r in g Production workers ................................. D u r a b le g o o d s N o n d u r a b le g o o d s S E R V IC E -P R O D U C IN G T r a n s p o r t a t io n a n d p u b lic u t il it ie s Transportation........................................... Communication and public utilities................. W h o le s a l e t r a d e Durable goods........................................... Nondurable goods...................................... R e t a il t r a d e General merchandise stores ........................ Food stores .............................................. Automotive dealers and service stations......... Eating and drinking places .......................... F i n a n c e , in s u r a n c e , a n d r e a l e s t a te Finance..................................................... Insurance ................................................ Real estate................................................ S e r v ic e s Business services...................................... Health services ......................................... G o v e rn m e n t Federal..................................................... State ....................................................... Local....................................................... p = preliminary. 74 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M ay June J u ly A u g .P S e p t .F 93,449 93,768 94,135 94,350 94,532 94,671 77,546 77,864 78,241 78,422 78,566 78,638 24,595 24,760 24,851 24,974 25,059 25,086 24,996 978 607 978 607 984 612 995 619 1,002 623 1,007 629 1,017 637 1,024 646 4,154 1,100 4,226 1,111 4,151 1,099 4,246 1,110 4,286 1,126 4.343 1.135 4,356 1,133 4,344 1,130 4,371 1,143 19,143 13,145 19,254 13,234 19,373 13,326 19,466 13,388 19,530 13,443 19,570 13,465 19,629 13,492 19,696 13,541 19,725 13,561 19,601 13,455 11,170 7,511 11,266 7,585 11,343 7,643 11,440 7,718 11,513 7,769 11,551 7,799 11,598 7,826 11,652 7,860 11,702 7,899 11,754 7,943 11,680 7,872 690 462 587 863 351 1,408 695 467 589 869 351 1,420 698 470 592 877 352 1,431 702 475 595 871 347 1,440 706 480 604 877 348 1,447 712 483 606 877 347 1,456 714 482 604 879 345 1,459 711 482 605 887 347 1,469 712 485 605 884 345 1,479 708 485 606 880 342 1,490 706 484 604 880 335 1,489 702 481 604 870 334 1,483 2,058 2,062 1,780 783 698 370 2,077 2,086 1,820 810 702 376 2,106 2,109 1,832 823 705 378 2,122 2,132 1,855 843 707 382 2,137 2,152 1,876 858 711 384 2,151 2,175 1,898 865 715 387 2,166 2,202 1,905 863 718 388 2,189 2,212 1,905 857 719 388 2,203 2,228 1,906 848 722 385 2,226 2,237 1,917 855 723 384 2,242 2,252 1,926 858 727 386 2,254 2,268 1,953 891 727 389 2,240 2,260 1,929 855 724 387 7,724 5,430 7,775 5,470 7,815 5,507 7,848 5,537 7,877 5,560 7,911 5,591 7,933 5,608 7,953 5,619 7,979 5,644 7,972 5,639 7,977 5,632 7,994 5,642 7,971 5,618 7,921 5,583 1,636 69 749 1,161 662 1,622 69 744 1,164 662 1,624 68 753 1,174 666 1,624 68 758 1,186 669 1,629 66 760 1,195 671 1,631 67 762 1,202 675 1,638 66 758 1,207 676 1,637 65 767 1,213 680 1,638 66 769 1,218 680 1,648 67 766 1,226 680 1,643 67 762 1,217 681 1,644 67 759 1,209 685 1,655 66 755 1,206 687 1,643 65 751 1,200 685 1,628 68 744 1,183 681 1,272 1,075 201 697 219 1,296 1,047 195 718 208 1,305 1,047 194 735 209 1,311 1,049 192 748 210 1,317 1,050 192 758 210 1,321 1,052 191 766 210 1,328 1,053 191 774 210 1,333 1,054 190 784 210 1,339 1,054 190 790 209 1,348 1,057 189 790 208 1,356 1,057 188 795 206 1,362 1,062 188 797 204 1,368 1,064 187 801 205 1,371 1,068 187 800 201 1,373 1,062 185 799 198 65,753 66,744 67,349 67,450 67,630 67,828 68,008 68,269 68,463 68,689 68,917 69,161 69,291 69,446 69,675 5,082 2,789 2,293 4,958 2,739 2,219 5,046 2,768 2,278 5,053 2,776 2,277 5,043 2,763 2,280 5,055 2,776 2,279 5,095 2,816 2,279 5,105 2,828 2,276 5,112 2,839 2,273 5,129 2,862 2,267 5,144 2,871 2,273 5,163 2,883 2,280 5,175 2,896 2,279 5,196 2,918 2,278 5,175 2,912 2,263 5,278 11,039 7,741 5,259 10,774 7,724 5,301 10,923 7,775 5,322 11,071 7,815 5,344 11,170 7,848 5,371 11,266 7,877 5,406 11,343 7,911 5,438 11,440 7,933 5,457 11,513 7,953 5,473 11,551 7,979 5,492 11,598 7,972 5,502 11,652 7,977 5,528 11,702 7,994 5,554 11,754 7,971 5,590 11,680 7,921 15,179 2,184 2,478 1,632 4,831 15,545 2,161 2,560 1,667 5,007 15,671 2,171 2,568 1,685 5,058 15,737 2,179 2,587 1,695 5,071 15,805 2,195 2,594 1,703 5,082 15,857 2,189 2,600 1,710 5,095 15,914 2,210 2,618 1,725 5,111 15,980 2,211 2,626 1,740 5,121 16,030 2,230 2,626 1,748 5,136 16,095 2,251 2,635 1,743 5,154 16,166 2,273 2,630 1,751 5,183 16,245 2,295 2,641 1,751 5,199 16,283 2,301 2,648 1,762 5,211 16,302 2,291 2,650 1,758 5,236 16,366 2,326 2,657 1,761 5,249 5,341 2,646 1,714 981 5.467 2,740 1,721 1,005 5.503 2,763 1,725 1,015 5,512 2,769 1,725 1,018 5,530 2,777 1,728 1,025 5,546 2,789 1,730 1,027 5,573 2,797 1,737 1,039 5,593 2,812 1,741 1,040 5,613 2,831 1,742 1,041 5,640 2,851 1,742 1,047 5,662 2,863 1,746 1,053 5,676 2,854 1,752 1,066 5,676 2,854 1,759 1,063 5,682 2,851 1,764 1,067 5,682 2,857 1,767 1,058 19,036 3,286 5,812 19,665 3,539 5,973 19,893 3,636 6,003 19,962 3,672 6,007 20,034 3,703 6,016 20,130 3,758 6,026 20,162 3,798 6,030 20,278 3,845 6,040 20,378 3,875 6,052 20,449 3,912 6,062 20,549 3,979 6,073 20,681 4,014 6,064 20,701 4,035 6,079 20,746 4,067 6,032 20,829 4,093 6,092 15,837 2,739 3,640 9,458 15,851 2,752 3,660 9,439 15,935 2,774 3,672 9,489 15,864 2,760 3,667 9,437 15,874 2,759 3,669 9,446 15,869 2,762 3,668 9,439 15,858 2,760 3,670 9,428 15,875 2,763 3,682 9,430 15,873 2,770 3,686 9,417 15,903 2,771 3,693 9,439 15,904 2,767 3,699 9,438 15,894 2,777 3,699 9,418 15,928 2,779 3,697 9,452 15,966 2,780 3,718 9,468 16,033 2,785 3,708 9,540 NOTE: See "Notes on the data” for a description of the most recent benchmark revision. 12. A verage hours and earnings, by industry 1 9 6 8 -8 3 [Production or nonsupervisory workers on nonagricultural payrolls] A v e ra g e A v e ra g e A v e ra g e A v e ra g e w e e k ly h o u r ly w e e k ly w e e k ly h o u r ly w e e k ly w e e k ly h o u r ly w e e k ly h o u rs e a r n in g s e a r n in g s h o u rs e a r n in g s e a r n in g s h o u rs e a r n in g s e a r n in g s A v e ra g e Year A v e ra g e A v e ra g e M in in g P r iv a t e s e c t o r A v e ra g e A v e ra g e C o n s t r u c tio n 1968 ....................................................... 1969 ....................................................... 1970 ....................................................... 37 8 37.7 37.1 $2.85 3.04 3.23 $107.73 114.61 119.83 42.6 43.0 42.7 $3.35 3.60 3.85 $142.71 154.80 164.40 37.3 37.9 37.3 $4.41 4.79 5.24 $164.49 181.54 195.45 1971....................................................... 1972 ....................................................... 1973 ....................................................... 1974 ....................................................... 1975 ....................................................... 36.9 37.0 36.9 36.5 36.1 3.45 3.70 3.94 4.24 4.53 127.31 136.90 145.39 154.76 163.53 42.4 42.6 42.4 41.9 41.9 4.06 4.44 4.75 5.23 5.95 172.14 189.14 201.40 219.14 249.31 37.2 36.5 36.8 36.6 36.4 5.69 6.06 6.41 6.81 7.31 211.67 221.19 235.89 249.25 266.08 1976 1977 1978 1979 1980 ....................................................... ....................................................... ....................................................... ....................................................... ....................................................... 36.1 36.0 35.8 35.7 35.3 4.86 5.25 5.69 6.16 6.66 175.45 189.00 203.70 219.91 235.10 42.4 43.4 43.4 43.0 43.3 6.46 6.94 7.67 8.49 9.17 273.90 301.20 332.88 365.07 397.06 36.8 36.5 36.8 37.0 37.0 7.71 8.10 8.66 9.27 9.94 283.73 295.65 318.69 342.99 367.78 1981....................................................... 1982 ....................................................... 1983 ....................................................... 35.2 34.8 35.0 7.25 7.68 8.02 255.20 267.26 280.70 43.7 42.7 42.5 10.04 10.77 11.27 438.75 459.88 478.98 36.9 36.7 37.2 10.82 11.63 11.92 399.26 426.82 443.42 T r a n s p o r t a t io n a n d p u b lic u t il it ie s M a n u fa c t u r in g W h o le s a l e t r a d e 1968 ....................................................... ...................................... 1969 1970 ....................................................... 40.7 40.6 39.8 $3.01 3.19 3.35 $122.51 129.51 133.33 40.6 40.7 40.5 $3.42 3.63 3.85 $138.85 147.74 155.93 40.1 40.2 39.9 $3.05 3.23 3.44 $122.31 129.85 137.26 1971....................................................... 1972 ....................................................... 1973 ....................................................... 1974 ....................................................... 1975 ....................................................... 39.9 40.5 40.7 40.0 39.5 3.57 3.82 4.09 4.42 4.83 142.44 154.71 166.46 176.80 190.79 40.1 40.4 40.5 40.2 39.7 4.21 4.65 5.02 5.41 5.88 168.82 187.86 203.31 217.48 233.44 39.5 39.4 39.3 38.8 38.7 3.65 3.85 4.08 4.39 4.73 129.85 144.18 151.69 160.34 183.05 1976 ....................................................... 1977 ....................................................... 1978 ............................................. 1979 ....................................................... 1980 ................................................ 40.1 40.3 40.4 40.2 39.7 5.22 5.68 6.17 6.70 7.27 209.32 228.90 249.27 269.34 288.62 39.8 39.9 40.0 39.9 39.6 6.45 6.99 7.57 8.16 8.87 256.71 278.90 302.80 325.58 351.25 38.7 38.8 38.8 38.8 38.5 5.03 5.39 5.88 6.39 6.96 194 66 209.13 228.14 247.93 267.96 1981....................................................... 1982 ....................................................... 1983 ....................................................... 39.8 38.9 40.1 7.99 8.49 8.83 318.00 330.26 354.08 39.4 39.0 39.0 9.70 10.32 10.80 382.18 402.48 421.20 38.5 38.3 38.5 7.56 8.09 8.54 291.06 309.85 328.79 F in a n c e , in s u r a n c e , a n d r e a l e s t a t e R e t a il t r a d e S e r v ic e s 1968 ....................................................... 1969 ....................................................... 1970 ....................................................... 34.7 34.2 33.8 $2.16 2.30 2.44 $74.95 78.66 82.47 37.0 37.1 36.7 $2.75 2.93 3.07 $101.75 108.70 112.67 34.7 34.7 34.4 $2.42 2.61 2.81 $83.97 90.57 96.66 1971....................................................... 1972 ....................................................... 1973 ..................................................... 1974 ....................................................... 1975 ....................................................... 33.7 33.4 33.1 32.7 32.4 2.60 2.75 2.91 3.14 3.36 87.62 91.85 96.32 102.68 108.86 36.6 36.6 36.6 36.5 36.5 3.22 3.36 3.53 3.77 4.06 117.85 122.98 129.20 137.61 148.19 33.9 33.9 33.8 33.6 33.5 3.04 3.27 3.47 3.75 4.02 103.06 110.85 117.29 126.00 134.67 1976 1977 1978 1979 1980 ....................................................... ....................................................... ................................................ ....................................................... ....................................................... 32.1 31.6 31.0 30.6 30.2 3.57 3.85 4.20 4.53 4.88 114.60 121.66 130.20 138.62 147.38 36.4 36.4 36.4 36.2 36.2 4.27 4.54 4.89 5.27 5.79 155.43 165.26 178.00 190.77 209.60 33.3 33.0 32.8 32.7 32.6 4.31 4.65 4.99 5.36 5.85 143.52 153.45 163.67 175.27 190.71 1981....................................................... 1982 ....................................................... 1983 ....................................................... 30.1 29.9 29.8 5.25 5.48 5.74 158.03 163.85 171.05 36.3 36 2 36.2 6.31 6.78 7.29 229.05 245.44 263.90 32.6 32.6 32.7 6.41 6.92 7.30 208.97 225.59 238.71 NOTE: See "Notes on the data" for a description of the most recent benchmark revision. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 75 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Establishment Data 13. A verage w eekly hours, by industry, seasonally adjusted [Production or nonsupervisory workers on private nonagricultural payrolls] 1983 A n n u al ave ra g e In d u s tr y 1982 1983 S e p t. O c t. 1984 Nov. Dec Jan. Feb. M a r. A p r. M ay June J u ly A u g i1 S e p t .b 34 8 35.0 35.2 35 2 35.2 35.2 35.4 35 3 35.3 35.4 35.3 35 3 35.2 35 2 35 3 38.9 2.3 40.1 3.0 40.7 3.2 40.6 3.3 40.6 3.3 40.6 3.4 40.9 3.5 40.9 3.5 40.7 3.5 41.1 3.7 40.6 3.3 40 6 3.3 40 5 3.3 40 4 3.2 40.5 3.3 Overtime hours................................. 39.3 2.2 40.7 3.0 41.4 3.3 41.2 3.4 41.3 3.5 41.3 3.5 41.6 3.7 41.7 3.8 41.4 3.7 41.8 4.0 41.3 3.5 41.2 3.5 41.2 3.5 41.1 3.4 41.4 3.5 Lumber and wood products........................ Furniture and fixtures ................... .. Stone, clay, and glass products ................. Primary metal industries............................. Blast furnaces and basic steel products . . . . Fabricated metal products.......................... 38.0 37.2 40.1 38.6 37.9 39.2 40.1 39.4 41.5 40.5 39.5 40.6 40.4 40.0 42.0 41.2 40.5 41.4 40.5 39.8 41.8 41.6 40.8 41.2 40.0 39.8 41.8 41.7 40.8 41.4 40.0 40.1 41.9 41.8 41.2 41.4 40.6 40.0 42.1 41.9 41.0 41.6 40.4 39.9 42.5 42.0 41.3 41.8 40.1 39 6 41.9 41.8 41.2 41.3 40.4 39.7 42 3 42 2 41.0 41.8 39 6 39.7 42.1 42.1 41.6 41.4 39.4 39.1 41.8 41.7 41.1 41.3 39.3 39 8 41.9 41.5 399 41.3 39 4 39 2 41.6 41.0 39.6 41.2 40.0 40.2 41.8 41.5 40 0 41.5 Machinery, except electrical........................ Electrical and electronic equipment.............. Transportation equipment.......................... Motor vehicles and equipment................... Instruments and related products................. 39.7 39.3 40.5 40.5 39.8 40.5 40.5 42.1 43.3 40.4 41.1 41.2 43.3 45.1 40.8 41.2 41.1 42.5 44.1 40.7 41.3 41.1 42.6 44.1 40.7 41.5 41.0 42.4 43.9 40.8 41.8 41.2 43.2 44.8 41.3 41.9 41.2 43.1 44.3 41.2 41.9 41.0 42.9 44.4 41.1 42.3 41.3 43.5 44.8 41.4 41.9 41.0 42.4 42.9 40.7 42.0 40.8 42 3 43.1 41.3 41.8 40.8 42 2 42 4 41.3 41.8 40.9 42 5 43.3 41.1 41.7 41.2 42.6 43.7 41.3 Overtime hours................................. 38.4 2.5 39 4 3.0 39 9 3.1 39.7 3.1 39.8 3.1 39.7 3.2 39.9 3.3 39.9 3.3 39 8 3.3 40 2 3.4 39.6 3.1 39.6 3.2 39.4 3.1 39 4 3.0 39.3 3.0 Food and kindred products ........................ Textile mill products.................................. Apparel and other textile products .............. Paper and allied products.......................... 39.4 37.5 34.7 41.8 39.5 40.5 36.2 42.6 39.8 41.3 36.7 43.2 39 6 40.8 36.6 43.2 39.6 40.6 36.7 43,1 39 5 40.7 36.6 43.1 39 7 40.6 36.6 43.2 39.7 40.8 36.9 43 2 39.8 40.6 36.7 43.0 40.1 41.2 37.4 43.2 39.7 40.0 36.5 43.1 39 8 40.0 36.4 42.9 39.5 39 8 35 8 43.3 39.6 39.4 36.0 43.0 39.6 39 2 35.9 42.9 Printing and publishing ............................. Chemicals and allied products...................... Petroleum and coal products ...................... Leather and leather products ..................... 37.1 40.9 43.9 35.6 37.6 41.6 43.9 36.8 37 8 41,7 43.2 37.8 37.9 41.7 43.6 37.3 37.9 41.9 43.7 37.2 37.7 41.9 44.6 37.1 37.9 42.1 44.8 37.3 37.9 42.1 44.5 37.2 37.9 42.0 44.7 36.7 38.2 42.0 43.7 37.5 38.0 41.8 43.5 36.5 37.7 41.9 43.1 36.7 37.7 41.9 43 2 37.0 37 9 42.0 43 8 36.5 37 9 41.6 42 2 37.1 T R A N S P O R T A T IO N A N D P U B L IC U T IL IT IE S 39 0 39.0 39.3 39.4 39.2 39.4 39.5 39.3 39.2 39.5 39.4 39.6 39.8 39.3 39.6 W H O LE SA LE TR A D E 38.3 38.5 38 6 38.6 38.6 38.6 38.6 38.5 38.5 38.7 38 6 38.6 38.6 38.7 38.8 R E T A IL T R A D E 29.9 29.8 29.8 30 0 30 0 30.3 30.1 30.0 30.1 30.0 30.1 30.2 29.9 29.9 30 0 S E R V IC E S 32.6 32.7 32.7 32.8 32.7 32.6 32.8 32 7 32.8 32.8 32.7 32.7 32.7 32.6 32.8 P R IV A T E S E C T O R M A N U F A C T U R IN G Overtime hours................................. D u r a b le g o o d s N o n d u r a b le g o o d s p = preliminary. 76 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NOTE: See “ Notes on the data" for a description of the most recent benchmark revision. 14. A verage hourly earnings, by industry [Production or nonsupervisory workers on private nonagricultural payrolls] 1983 A n n u al av e ra g e In d u s tr y 1982 1983 S e p t. O c t. $7.68 (1) $8.02 (1) $8.12 8.09 M IN IN G 10.77 11.27 C O N S T R U C T IO N 11.63 11.92 P R IV A T E S E C T O R Seasonally adjusted............................. 1984 Nov. D ec. Jan. Feb. M a r. A p r. $8.16 8.13 $8.16 8.14 $8.16 8.17 $8.26 8.21 $8.24 8.23 $8.24 8.25 $8.29 8.31 $8.28 8.29 $8.29 8.33 11.33 11.33 11.40 11.41 11.54 11.49 11.60 11.62 11.56 11.57 12.04 12.06 11.91 12.02 12.08 11.99 11.97 11.95 11.99 11.94 M ay June J u ly S e p t .P A u g .P $8.32 8.35 $8.30 8.34 $8.43 8 40 11.57 11.57 11.65 11.97 12.00 12.12 8.49 8.83 8.89 8.90 8.97 9.04 9.08 9.06 9 09 9.11 9.11 9.14 9.18 9.14 9.22 Lumber and wood products................. Furniture and fixtures.......................... Stone, clay, and glass products............ Primary metal industries..................... Blast furnaces and basic steel products Fabricated metal products................... 9.04 7.43 6.31 8.87 11.33 13.35 8.77 9.38 7.79 6.62 9.27 11.34 12.89 9.11 9.46 7.87 6.74 9.42 11,34 12.79 9.18 9.47 7 86 6.71 9.38 11.28 12.68 9.18 9.53 7 79 6.73 9.41 11.32 12.71 9.24 9.60 7.80 6.78 9.41 11.35 12.71 9.35 9.64 7.88 6.76 9 42 11.38 12.76 9.31 9.63 7 88 6.75 9.38 11.49 13.10 9.31 9 66 7.87 6.76 9.40 11.44 12.97 9.31 9.67 7 89 6.76 9.51 11.51 13.12 9.34 9.66 7.92 6.80 9.54 11.49 13.09 9.33 9.69 8.04 6.84 9.58 11.46 13.02 9.33 9.70 8.01 6.88 9.64 11.45 13.02 9.33 9 68 8.04 6.90 9.61 11.43 13.13 9.30 9 77 8.11 6.98 9.64 11.49 13.21 9.37 Machinery, except electrical................. Electrical and electronic equipment . . . . Transportation equipment ................... Motor vehicles and equipment............ Instruments and related products......... Miscellaneous manufacturing .............. 9.26 8.21 11.11 11.62 8.06 6.42 9 55 8.65 11.66 12.12 8.46 6.80 9 63 8.73 11.80 12 31 8.54 6.83 9.66 8.71 11.87 12 38 8.54 6.84 9.74 8.77 12.01 12.49 8.56 6.84 9.85 8.84 12.04 12.47 8.65 6.95 9.85 8.88 12.06 12.53 8.68 7.00 9.87 8.86 12.00 12.41 8.66 6.97 9.90 8 88 12.12 12 62 8.71 6.97 9.91 8.89 12.06 12.56 8.73 6.97 9.90 8.89 12.04 12.51 8.71 6.99 9.93 8.91 12.14 12.67 8.78 6.98 9.96 8.95 12.13 12.61 8.83 7.02 9.93 9.00 12.11 12.58 8.85 6.97 10.02 9.08 12.22 12.71 8.89 7.00 7.74 7.92 9.79 5.83 5.20 9.32 8.08 8.20 10.35 6.18 5.37 9.94 8.11 8.17 9.90 6 23 5 39 10.11 8.12 8.16 9.65 6.24 5.40 10.11 8.18 8.26 10.77 6.26 5.43 10 20 8.24 8.36 10.19 6.31 5.44 10.24 8.27 8.41 10.77 6.39 5.50 10.23 8.24 8.37 11.13 6.40 5.46 10.22 8.27 8.39 11.29 6.41 5.48 10 25 8.29 8.43 11.43 6.43 5.49 10.29 8.30 8.43 11.55 6.42 5.48 10.34 8.33 8.44 11.92 6.43 5.50 10.42 8.41 8.41 11.67 6.43 5.51 10.56 8.37 8.35 10 69 6.46 5.53 10.52 8.43 8 39 10.18 6.48 5.60 10.56 8.74 9.96 12.46 9.11 10.59 13.29 9.23 10.70 13.38 9.23 10.79 13.38 9.26 10.86 13.45 9 29 10.90 13.54 9 26 10.91 13.47 9.30 10.90 13.43 9.29 10.95 13.44 9.29 10.97 13.44 9.31 11.02 13.32 9.30 11.03 13.33 9.36 11.12 13.27 9.43 11.12 13.30 9.52 11.19 13.49 7.64 5.33 7.99 5.54 8.05 5.57 8.08 5.56 8.07 5.57 8.16 5.61 8.17 5.68 8.16 5.67 8 20 5 68 8.25 5.68 8.20 5.68 8.23 5.67 8.30 5.70 8.28 5.65 8.32 5.70 10.32 10.80 10.88 10.94 11.01 11.00 11.08 11.01 11.02 11.07 11.03 11.07 11.18 11.17* 11.28 W HO LESALE TRADE 8.09 8.54 8.62 8.69 8.68 8.74 8 82 8.79 8.79 8 89 8.86 8.90 8.97 8 93 9.02 R E T A IL T R A D E 5.48 5.74 5.78 5.79 5.82 5.78 5.89 5.89 5 89 5.90 5.88 5.88 5.87 5.83 5.90 F IN A N C E , IN S U R A N C E , A N D R E A L E S T A T E 6.78 7.29 7.33 7.45 7.39 7.43 7.55 7.54 7.54 7.62 7.55 7.58 7.60 7.60 7.80 S E R V IC E S 6.92 7.30 7.37 7.43 7.44 7.47 7.57 7.55 7.54 7.60 7.55 7.53 7.56 7.53 7.70 M A N U F A C T U R IN G D u r a b le g o o d s N o n d u r a b le g o o d s 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 .............. T R A N S P O R T A T IO N A N D P U B L IC U T IL IT IE S 1Not available. p = preliminary. 15. NOTE: See “ Notes on the data” for a description of the most recent benchmark revision. T he H ourly E arn ings Index, by industry [Production or nonsupervisory workers on private nonagricultural payrolls; 1977 = 100] N o t s e a s o n a lly a d ju s te d S e a s o n a ll y a d ju s te d P e rc e n t P ercen t change In d u s tr y P R IV A T E S E C T O R ( in c u r r e n t d o lla r s ) Mining.............................................. Construction...................................... Manufacturing.................................... Transportation and public utilities ......... Wholesale trade.................................. Retail trade......................................... Finance, insurance, and real estate.......... Services ........................................... P R IV A T E S E C T O R ( in c o n s t a n t d o l la r s ) J u ly Aug. S e p t. f ro m : S e p t. M ay June J u ly A ug. S e p t. f ro m : 1983 1984 1984 1984P S e p t. 1 9 8 3 1983 1984 1984 1984 1984P 1984P A ug. 198 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis to to S e p t. 1 9 8 4 S e p t. 1 9 8 4 156.5 160 4 160.1 162.0 3.5 156.2 159 6 160.3 160.8 160.6 161.7 0.7 168.0 147.3 158.2 157.9 159.8 151.5 159.6 157.7 174.3 146.5 162.8 161.6 165.9 153.9 165.5 162.3 173.9 146 8 162.7 161.7 165.2 153.0 165.1 161.6 175.3 148.3 163.6 163.5 166 9 154.4 168.8 165.0 4.3 .7 3.4 3.6 4.5 2.0 5.8 4.6 (1) 145.5 158.1 157.4 (1) 151.3 (1) 157.7 (1) 147.0 162.0 160.9 (1) 153 4 (1) 161.4 (1) 147.1 162.3 162.1 (1) 153.8 (1) 162.5 (1) 146 6 162.9 162.6 (1) 154.0 (1) 163.4 (1) 146.5 163.4 161.8 <1) 153.4 <1) 162.7 (1) 146.5 163.5 163.1 (1) 154.3 (1) 165.0 <1) .0 .0 .8 (1) .6 <1) 1.4 94.4 94.7 93.6 (2> <2) 94.5 94.9 95.2 95.2 94.1 <2) (2) 1This series is not seasonally adjusted because the seasonal component is small relative to the trendcycle, irregular components, or both, and consequently cannot be separated with sufficient precision. 2Not available. change S e p t. p = preliminary, NOTE: See "Notes on the data" for a description of the most recent benchmark revision. 77 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Establishment Data 16. A verag e w eekly earnings, by industry [Production or nonsupervisory workers on private nonagricultural payrolls] 1983 A n n u al a verag e In d u s tr y 1984 1982 1983 $267.26 (1) 168.09 $280.70 <1) 171.37 M IN IN G 459.88 478.98 488.32 489.46 489 06 495.19 499.68 492.92 496.48 499.66 499.39 505.61 497.51 504.45 511.44 C O N S T R U C T IO N 426.82 443.42 456.32 449.84 432 33 442.34 438.50 443.63 439.30 448.13 458.02 460.88 462.04 462.00 469 04 330.26 207.71 354.08 216.17 362.71 218.90 362.23 218.08 365 98 220.34 372.45 224.23 368.65 221.01 368.74 220 67 369.96 221.40 372.60 222.45 369.87 219 77 372.91 221.05 369 95 218.39 369 26 215.94 375 25 <1) Lumber and wood products ........................ Furniture and fixtures................................. Stone, clay, and glass products ................... Primary metal industries ............................. Blast furnaces and basic steel products......... Fabricated metal products............................. 355.27 282.34 234.73 355.69 437.34 505.97 343.78 381.77 312.38 260.83 384.71 459.27 509.16 369.87 390.70 320.31 270.95 399.41 469.48 521.83 379.13 391.11 319.12 271.08 394.90 464.74 508.47 379.13 395.50 309.26 269 87 395.22 470.91 513.48 384.38 403.20 311.22 277.98 394.28 478.97 526.19 395.51 398.13 311.26 263.64 386.22 476.82 521.88 385.43 398.68 313.62 263.93 389.27 482.58 539.72 386.37 399.92 314.01 267.02 389.16 480.48 534.36 384.50 402.27 317.18 267.02 401.32 488.02 549.73 387.61 399 92 317.59 268.60 404.50 481.43 540.62 386.26 402.14 324.01 270.86 407.15 480.17 536.42 388.13 396.73 316.40 269.70 406.81 472.89 524.71 380.66 395.91 321.60 273 93 404.58 466.34 516.01 382.23 404.48 326 02 281.99 406.81 479.13 532 36 387.92 Machinery except electrical.......................... Electrical and electronic equipment................. Transportation equipment............................. Motor vehicles and equipment................... Instruments and related products ................. Miscellaneous manufacturing........................ 367.62 322.65 449.96 470.61 320.79 246.53 386.78 350.33 490.89 524.80 341.78 265.88 395.79 358.80 505.04 546.56 349.29 269.10 396.06 357.98 505.66 545 96 346.72 272.23 405.18 363.08 515.23 550.81 350 96 272.23 418 63 369.51 521.33 556.16 357.25 278.00 411.73 364.97 517.37 555.08 356.75 272 30 413.55 364.15 514.80 544.80 356.79 276.01 415 80 364.08 521.16 560 33 358.85 276.01 417.21 364.49 523.40 563 94 358.80 275.32 413.82 363 60 514.11 546.69 354.50 274.71 417.06 365.31 519.59 557.48 362.61 273 62 411.35 361.58 508.25 537.19 361.15 273.08 410.11 366 30 504.99 532.13 362.85 271.13 417.83 374.10 514.46 546.53 368.05 274.40 297.22 312.05 370.06 218.63 180.44 389.58 318.35 323.90 387.09 250.29 194.39 423.44 325.21 330.07 380.16 258.55 198.35 439.79 323 99 324.77 370.56 256.46 198.72 437.76 327.20 329.57 431.88 256.66 199.82 440.64 330.42 333.56 385.18 258.71 199.65 448.51 326 67 331.35 410.34 257.52 198.55 440.91 326.30 327.27 405.13 259.84 200.38 438.44 327.49 329,73 416.60 258.96 201.12 437.68 329.94 332.99 451.49 260.42 202.03 442.47 328.68 333.83 457.38 257.44 200.02 443.59 331.53 337.60 482.76 259.77 202 40 449.10 331.35 333.04 437.63 252.70 198.36 456.19 331.45 334.00 414.77 256.46 200.74 451.31 333.83 337.28 410.25 255.31 201.60 456.19 324.25 407.36 546 99 342.54 440.54 583.43 350.74 448.33 592.73 350.74 449.94 586.04 352.81 457.21 590.46 356.74 462.16 603.88 347.25 458.22 594.03 349.68 457.80 584.21 353.02 458.81 585.98 353 02 460.74 590.02 351.92 460 64 580.75 349.68 463.26 579.86 351.94 463.70 579.90 358.34 463.70 582.54 362.71 467.74 584.12 302.54 189.75 329.19 203.87 337.30 209 43 338.55 206.83 338.94 207.76 345.98 209.25 343.14 208.46 342.72 208.66 341.94 205.05 347 33 210.16 341.94 209.59 344.84 213.76 341.96 212.61 341.14 208.49 344.45 210.90 T R A N S P O R T A T IO N A N D P U B L IC U T IL IT IE S 402.48 421.20 428 67 432.13 432.69 436.70 434.34 429.39 429.78 435.05 432 38 440.59 447.20 442.33 447.82 W HO LESALE TRADE 309.85 328.79 333.59 336 30 335.92 339.99 338.69 335.78 336.66 342.27 342.00 344.43 348 04 346.48 349.98 R E T A IL T R A D E 163.85 171.05 172.82 173.12 173.44 178.02 173.17 173.17 174.34 175.82 176.40 178.75 180.21 178.40 177.59 F IN A N C E , IN S U R A N C E , A N D R E A L E S T A T E 245.44 263 90 264.61 271.18 266.78 268 97 275.58 274.46 273.70 278.13 274.07 275.15 278.92 276.64 285.48 S E R V IC E S 225.59 238.71 241.00 242.96 242.54 243.52 246.78 246.13 245.80 248.52 246.13 247.74 250.24 248.49 252.56 S e p t. O c t. Nov. Dec. Jan. Feb. M a r. A p r. M ay June J u ly A u g .P S e p t .P P R IV A T E S E C T O R Current dollars........................................ Seasonally adjusted............................... Constant (1977) dollars............................. $286.64 $288.05 $286.42 $289.68 $289.10 $288.40 $288.40 $292.64 $291.46 $294.30 $296.19 $294.65 $299.27 284.77 286.18 286.53 287.58 290.63 290.52 291.23 294.17 292.64 294.05 293 92 293.57 296.52 172.99 173.42 172.44 174.40 173.32 172.59 172.59 174.71 173.18 174.45 174.85 172.31 (1) M A N U F A C T U R IN G Current dollars......................................... Constant (1977) dollars............................. D u r a b le g o o d s N o n d u r a b le g o o d s 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 coat products........................ Rubber and miscellaneous plastics products.................................... Leather and leather products........................ 1Not available. p = preliminary. 17. NOTE: See “ Notes on the data" for a description of the most recent benchmark revision. In dexes o f diffusion: industries in w hich em ploym ent increased, seasonally adjusted [In percent] T im e Year Jan. Feb. M a r. A p r. M ay June J u ly A ug. S e p t. O c t. Nov. D ec. Over 1-month span 1982 . . . . 1983 . 1984 . . . . 27.6 54.3 71.1 47.6 46.5 73.2 35.7 60.8 67.0 31.1 68 9 63 8 41.1 69.5 64.1 33.5 64.6 63.0 34.6 74.3 62.4 32.4 68.6 P57.3 37.3 69.5 P38.9 28 9 75.4 - 32.4 69.7 - 45.7 73.8 - Over 3-month span 1982 . . . . 1983 . . . . 1984 . . . . 25.1 46.8 82.2 27.8 57.3 80.5 27.8 64.1 76.5 27.3 75.1 71.1 27.6 75.7 68 4 28.6 77 8 68.9 23.5 74.1 P64.9 24.1 81.6 P54.1 26.5 80.8 - 25.9 78.9 - 27.8 79.5 - 41.6 77.6 - Over 6-month span 1982 . . . . 1983 . . . . 1984 . . . . 19.2 50.8 81.9 22.2 63.0 82.7 21.9 69.2 79.7 24.6 75.1 75.4 20.3 80.0 P70.5 21.4 82 4 P62.2 21.4 84.1 — 18.6 82.4 - 23.2 84.6 - 27.3 85.9 - 29.5 86.8 - 35.4 83.8 - Over 12-month span 1982 . . 1983 . . . . 1984 . . . . 21.6 49.5 86.5 21.4 54.3 P82.4 17.6 61.9 P78.6 18.1 71.1 — 16.2 77.3 — 18.1 79.5 — 21.1 83.8 — 21.1 88.1 — 25.1 86.8 — 31.6 87.3 — 34.1 85.4 — 40.3 87.3 - span p = preliminary. NOTE: Figures are the percent of industries with employment rising. (Half of the unchanged components 78 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis are counted as rising.) Data are centered within the spans. See the “ Definitions'' in this section. See "Notes on the data” for a description of the most recent benchmark revision. UNEMPLOYMENT INSURANCE DATA N a t i o n a l 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 monthly reports of unemployment insur ance activity prepared by State agencies. Railroad unemployment insurance data are prepared by the U.S. Railroad Retirement Board. persons in unemployment insurance programs to indicate they are out of work and wish to begin receiving 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 in sured unemployed as a percent of the average insured employment in a 12-month period. Definitions Average weekly seasonally adjusted insured unemployment data are computed by BLS’ Weekly Seasonal Adjustment program. This procedure incorporated the X -l 1 Variant of the Census Method II Seasonal Adjust ment program. Data for all programs represent an unduplicated count of insured un employment under State programs, Unemployment Compensation for ExServicemen, and Unemployment Compensation for Federal Employees, and the Railroad Insurance Act. Under both State and Federal unemployment insurance programs for civilian employees, insured workers must report the completion of at least 1 week of unemployment before they are defined as unemployed. Persons not covered by unemployment insurance (about 10 percent of the labor force) and those who have exhausted or not yet earned benefit rights are excluded from the scope of the survey. Initial claims are notices filed by 18. An application for benefits is filed by a railroad worker at the beginning of his first period of unemployment in a benefit year; no application is required for subsequent periods in the same year. Number of payments are payments made in 14-day registration periods. The average amount of benefit payment is an average for all compensable periods, not adjusted for recovery of overpayments or settlement of underpayments. However, total benefits paid have been adjusted. U nem p loym ent insurance and em ploym ent service operations [All items except average benefits amounts are in thousands] 1984 1983 It e m Aug. All programs: Insured unemployment..................... State unemployment insurance program:1 Initial claims2 .................................. Insured unemployment (average weekly volume)............................. Rate of insured unemployment............ Weeks of unemployment compensated . . Average weekly benefit amount for total unemployment ................. Total benefits paid .......................... Nov. O c t. S e p t. Jan. D ec. M a r. Feb. A p r. M ay June J u ly A u g .F 2,290 2,166 2,327 2,184 1,429 r1,368 r1,387 1,727 1,467 2,515 2.9 9,695 2,215 2.6 9,304 2,111 2.5 r8,053 2,270 2.6 8,367 2,183 2.5 8,792 $124.30 $124.67 $125.26 $123.69 $123.60 $123.00 $122.19 $122.61 r$121.17 $121.32 $1,367,186 $1,104,404 $1,002,141 $1,099,862 $1,203,605 $1,457,983 $1,400,458 $1,369,536 $1,173,601 $1,109,268 r$121.96 r$948,381 2,917 2,580 2,478 2,620 2,915 3,374 3,174 2,958 r1,667 r1,380 1,522 1,757 r2,104 r2,355 r1,528 r1,424 2,766 3.2 r11,578 2,449 2.8 9,383 2,358 2.7 8,417 2,508 2.9 9,301 2,805 3.3 10,168 3,249 3.8 12,232 3,056 3.6 11,622 2,843 3.3 11,339 2,613 $120.84 $119.85 $972,687 $1,031,949 State unemployment insurance program:1 (Seasonally adjusted data)3 Initial claims2 .................................. Insured unemployment (average weekly volume)............................. Rate of insured unemployment............ 1,803 1,729 1,667 1,677 1,604 1,617 1,572 1,570 1,569 1,614 1,559 1,623 1,626 3,036 3.5 3,102 3.6 2,801 3.3 2,711 3.2 2,687 3.1 2,510 2.9 2,428 2.8 2,470 2.9 2,507 2.9 2,300 2.7 2,356 2.7 2,457 2.8 2,415 2.8 Unemployment compensation for exservicemen:4 Initial claims1 .................................. Insured unemployment (average weekly volume)............................. Weeks of unemployment compensated . . Total benefits paid .......................... 19 17 16 15 14 15 13 13 12 12 12 13 14 26 110 $14,082 27 106 $13,531 28 107 $14,074 28 116 $15,121 27 113 $14,815 27 112 $14,532 24 96 $12,540 22 89 $11,813 20 78 $10,349 18 79 $10,577 18 r71 '$9,467 18 71 $9,578 19 80 $10,839 11 11 15 13 13 16 10 9 13 9 11 12 10 22 96 $10,982 22 83 $9,535 25 88 $10,144 27 110 $12,415 29 119 $13,888 32 133 $15,588 31 129 $15,003 28 122 $14,778 23 98 $11,844 20 88 $10,529 19 76 '$8,994 20 80 $9,490 19 83 $9,826 14 9 7 8 8 10 4 3 2 2 11 25 7 46 107 $214.21 $21,789 41 103 $214.77 $20,239 48 92 $211.41 $19,531 40 92 $212.36 $19,536 43 95 $213.71 $19,870 51 121 $210.73 $23,866 49 104 $209.56 $23,228 41 99 $208.96 $20,112 27 70 $196.32 $13,356 19 54 $188.45 $10,233 16 38 $187.37 $7,039 16 35 $189.06 $6,691 17 37 $197.85 $6,695 Unemployment compensation for Federal civilian employees:5 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:6 New applications and renewals............ Nonfarm placements ........................ 15,595 3,012 11nitial claims and State insured unemployment include data under the program for Puerto Rican sugarcane workers. 2Excludes transition claims under State programs. 3Insured unemployment data were revised for the development and application of updated seasonal factors. The factors were developed from data through June 1984. 4Excludes data on claims and payments made jointly with other programs. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8,231 1,469 4,297 782 9,517 1,810 Excludes data or claims and payments made jointly with State programs. Cumulative total for fiscal year (October 1-September 30). Data computed quarterly. NOTE: Data for Puerto Rico and the Virgin Islands included. Dashes indicate data not available, p = preliminary. r= revised. 79 PRICE DATA P rice 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 services. Effective with the January 1978 index, the Bureau of Labor Statistics began pub lishing CPI’s for two groups of the population. It introduced a CPI for All Urban Consumers, covering 80 percent of the total noninstitutional pop ulation, and revised the CPI for Urban Wage Earners and Clerical Workers, covering about half the new index population. The All Urban Consumers index covers in addition to wage earners and clerical workers, professional, managerial, 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, doctors’ and dentists’ fees, and other goods and serv ices that people buy for day-to-day living. The quantity and quality of these items is kept essentially unchanged between major revisions so that only price changes will be measured. Data are collected from more than 24,000 retail establishments and 24,000 tenants 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 ex penditures o f two population groups in 1972- 73, they may not accurately reflect the experience of individual families and single persons with dif ferent buying habits. Though the CPI is often called the “ Cost-of-Living Index,” it measures 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 o f the United States by producers of commodities in all stages o f processing. The sample used for calculating these indexes contains about 2,800 commodities and about 10,000 quotations per month selected to represent the movement of prices of all commodities 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 o f processing structure organizes products by degree o f fabrication (that is, finished goods, intermediate or semifinished goods, and crude materials). The commodity structure organizes products by sim ilarity o f end-use or material composition. 80 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis To the extent possible, prices used in calculating Producer Price Indexes apply to the first significant commercial transaction in the United States, from the production or central marketing point. Price data are generally collected monthly, primarily by mail questionnaire. Most prices are ob tained directly from producing companies on a voluntary 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 various commodities are averaged together with implicit quantity weights repre senting their importance in the total net selling value of all commodities as of 1972. The detailed data are aggregated to obtain indexes for stage of processing groupings, commodity groupings, durability 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 (Washing ton, 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 industrial censuses conducted by the U .S. Bureau of the Census and the U.S. Department of Agriculture. Notes on the data Regional CPI’s cross classified by population size were introduced in the May 1978 Review. These indexes 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 appropriate population size class measure for their region. The cross-classified indexes are published bimonthly. (See table 20.) For details concerning the 1978 revision of the CPI, see The Consumer Price Index: Concepts and Content Over the Years. Report 517, revised edition (Bureau of Labor Statistics, May 1978). As of January 1976, the Producer Price Index incorporated a revised weighting structure reflecting 1972 values of shipments. Additional data and analyses of price changes are provided in the CP! Detailed Report and Producer Prices and Price Indexes, both monthly publications o f the Bureau. For a discussion of the general method of computing producer, and industry price indexes, see BLS Handbook of Methods. Bulletin 2134-1 (Bureau of Labor Statistics, 1982), chapter 7. For consumer prices, see BLS Handbook of Methods for Surveys and Studies (1976), chapter 13. See also John F. Early, “ Improving the measurement of producer price change,” Monthly Labor Review, April 1978. For industry prices, see also Bennett R. Moss, “ Industry and Sector Price Indexes,” Monthly Labor Review, August 1965. 19. C onsum er Price Index fo r U rban W age Earners and C lerical W orkers, annual averages and changes, 1 9 6 7 -8 3 [1967 = 100] Food and A ll it e m s A p p arel and H o u s in g Year In d e i P e rc e n t In d e x change P e rc e n t In d e x change T r a n s p o r ta t io n M e d ic a l c a r e O th e r g o o d s E n t e r t a in m e n t a n d s e r v ic e s upkeep b ev e ra g e s P e rc e n t In d e x change P e rc e n t In d e x change P e rc e n t change In d e x P e rc e n t change P e rc e n t In d e x change In d e x P e rc e n t change 1967 .............. 1968 .............. 1969 1970 .............. 100 0 104 2 109 8 116.3 42 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 40 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 5.1 100.0 105.2 110.4 115.8 5.2 4.9 5.8 1971 1972 1973 1974 1975 .............. .............. .............. .............. .............. 121.3 125.3 133.1 147.7 161.2 43 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 3.3 2.1 3.7 7.4 4.5 118.6 119.9 123 8 137.7 150.6 52 1.1 3.3 11.2 9.4 128.4 132.5 137.7 150 5 168.6 65 3.2 3.9 9.3 12.0 122.9 126.5 130.0 139.8 152.2 5.3 2.9 2.8 7.5 8.9 122.4 127.5 132.5 142.0 153.9 4.8 4.2 3.9 7.2 8.4 1976 1977 1978 1979 1980 .............. .............. .............. .............. .............. 170.5 181.5 195.3 217.7 247.0 5.8 6.5 7.6 11.5 13.5 177.4 188 0 206.2 228 7 248 7 3.1 8.0 9.7 10.9 8.7 174.6 186.5 202 6 227.5 263 2 6.1 6.8 8.6 12.3 15.7 147.6 154 2 159 5 166.4 177.4 3.7 4.5 3.4 4.3 6.6 165 5 177.2 185.8 212 8 250.5 9.9 7.1 4.9 14.5 17.7 184.7 202.4 219 4 240.1 287.2 9.5 9.6 8.4 9.4 11.3 159.8 167.7 176.2 187.6 203.7 5.0 4.9 5.1 6.5 8.5 162.7 172.2 183.2 196.3 213.6 5.7 5.8 6.4 7.2 88 1981 .............. 1982 .............. 1983 272.3 288.6 297.4 10.2 6.0 3.0 267 8 278.5 284.7 7.7 40 2.2 293 2 314.7 322.0 11.4 7.3 2.3 186 6 190 9 195.6 5.2 2.3 2.5 281 3 293 1 300.0 12.3 4.2 2.4 295 1 326.9 355.1 10.4 10.8 8.6 219.0 232.4 242.4 7.5 6.1 4.3 233.3 257.0 286.3 9.2 10.2 11.4 20. C o nsum er P rice Index fo r All U rban C onsum ers and revised CPI for Urban W age E arners and C lerical W orkers, U.S. city averag e — general sum m ary and groups, subgroups, and selected item s [1967 = 100 unless otherwise specified] U r b a n W a g e E a r n e r s a n d C l e r ic a l W o r k e r s A ll U r b a n C o n s u m e r s G e n e ra l s u m m a ry 1984 1983 1984 1983 A ug. M a r. A p r. M ay June J u ly A ug. A ug. M a r. A p r. M ay June J u ly Aug. A ll i t e m s 300 3 307.3 308.8 309 7 310.7 311.7 313.0 299.5 303.3 304 1 305.4 306.2 307.5 310.3 Food and beverages ........................................................................ Housing ....................................................................................... Apparel and upkeep........................................................................ Transportaton............................................................................... Medical care Entertainment ............................................................................... Otner goods and services................................................................. 284 9 324.8 197.3 302.4 360.0 246 6 289.0 294.3 331.5 198 8 306 9 374.5 251.7 302.1 294.5 333.2 199 2 309.6 375.7 253.8 302.8 293.6 334.6 198.9 312 2 376.8 253.5 303.2 294.3 336.2 197.4 313.1 378.0 254.5 304.4 295 3 338.1 196.6 312.9 380.3 255.3 306 5 296.9 339.5 200.1 312.9 381 9 256.4 307.2 285.1 324.3 196 3 304.1 357 9 243 1 288.0 294.5 322.9 198 0 308.9 372.6 248.0 299 7 294.7 322.7 198.2 311.9 373 9 249 8 300.4 293.7 325.2 197.7 314.6 375 0 249 6 300.8 294.3 326.2 196.1 315.5 376.3 250.7 302.1 295.3 328 7 195.3 315.2 378 5 251.4 304.5 296.9 334.2 199.0 315.2 380.1 252.5 305.3 Commodities.................................................................................. Commodities less food and beverages......................................... Nondurables less food and beverages...................................... Durables............................................................................. 273.4 263 6 274.7 254.3 278 7 266.6 274.2 262.2 280.1 268.7 275.7 265 2 280.4 269.7 276.1 267.0 280.6 269 6 275 4 267.8 280.6 269.0 274.3 267 8 281 4 269.3 274 8 267.8 275.1 266.1 276 9 256.0 278.1 266.4 276.1 257.1 279.2 267.8 277.5 258.5 279.5 268.7 277.9 259.8 279.7 268.7 277.2 260.3 280.1 268 8 276.2 261.3 281.4 270.0 276.6 263.0 Services ....................................................................................... Rent, residential...................................................................... Household services less rent of shelter (12/82 = 100)................... Transportation services ............................................................ Medical care services .............................................................. Other services ........................................................................ 346.8 238.2 104.8 304 0 389.8 276.9 356.5 244.8 105.8 315.4 405.3 290.4 358.1 246 4 106.2 315.8 406.3 291.3 359 9 247.2 107.4 317.7 407.1 292.3 361.9 248.4 108.5 319 6 408.4 293.6 364.5 249.7 109.7 321.4 410.9 294.2 366.5 251.1 110.5 323 8 412,7 295.5 344.8 237.6 349.9 244.1 350.1 245.7 353.4 246.5 355.2 247.7 358.2 249.0 363.9 250.3 300 2 387.0 274.8 311.6 402.7 287.6 312.1 403.9 288 3 313 9 404.7 289 4 315.7 406.1 290 9 317.4 408.6 291 5 319.6 410.4 292.8 All items less food.......................................................................... All items less homeowners' costs ..................................................... All items less mortgage interest costs................................................ Commodities less food ................................................................... Nondurables less food ................................................................... Nondurables less food and apparel..................................................... Nondurables.................................................................................. Services less rent of shelter (12/82 = 100)......................................... Services less medical care .............................................................. Domestically produced farm foods..................................................... Selected beef cuts.......................................................................... Energy ......................................................................................... Energy commodities ................................................................... All items less energy ...................................................................... All items less food and energy....................................................... Commodities less food and energy............................................. Services less energy........................................................................ 300.5 102.7 306.8 105.1 308.6 105.5 310.0 105.9 311.0 106.2 312.0 106.5 313.2 106.9 300.0 302.4 303.3 305 2 306 0 307.3 310.4 261.4 269.6 310.9 281.0 103.5 339.9 269.2 270.5 429.8 423.7 290.3 288.2 244 2 339.3 264.4 269.3 310.3 285.5 106.5 349 0 279.9 279.7 418.1 410.7 299 2 296.7 249.9 350.7 266 5 270.7 312.1 286.3 106.8 350 6 279.4 280.6 421.3 414.2 300.5 298.3 251.8 352.2 267.4 271.1 313.0 286.1 107.5 352.5 277.4 278.1 426.1 416 3 301.1 299.3 252.5 353.3 267.4 270.5 312.9 286.0 108.3 354.5 278.0 273.7 428 5 414.4 301.9 300.2 252.8 354.7 266.8 269.5 311.9 286.0 109.0 357.1 279.0 271.9 428.3 408.9 303.1 301.3 253 0 356 8 267.1 270.0 311.0 287.1 109.7 359 2 281.4 274.2 427.3 404.2 304 6 302.8 254.2 358 6 286.3 263.9 271.7 312.7 282.1 291.3 264.3 271 3 311.6 286 4 292.4 265.7 272 6 313.5 287.2 293.2 266.6 273.0 314.3 286.9 294.0 266.6 272.4 314.3 286.9 294 9 266.7 271.4 313.3 286 8 296.4 267.8 271.8 312.2 287.8 338 1 268.0 271.6 430.7 424.9 288 8 286.6 245.1 336.8 342 1 278.6 281.3 418.2 411.3 294.0 290.7 247.2 343.3 342.2 278.1 282.3 421.5 414.8 294.6 291.3 248.4 343.3 345.8 276.0 279.3 426.0 416 9 295.7 293.0 249.1 346.1 347.6 276 4 274.9 428.2 415.0 296.3 293 6 249.3 347.2 350.5 277.4 272.8 427 8 409.5 297.8 295.1 250.1 349.7 356.6 279.8 275.5 426.5 404.9 301.0 298.7 252.0 355.5 Purchasing power of the consumer dollar, 1967 = $1 .......................... $0.333 SO325 $0.324 $0.323 $0.322 $0.321 $0.319 $0.334 $0.330 $0.329 $0.327 $0.327 S p e c i a l in d e x e s : https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $0 325 $0.322 81 MONTHLY LABOR REVIEW November 1984 • C u r r e n t L a b o r S t a t i s t i c s : C o n s u m e r P r i c e s 20. C o n tin u ed — C onsum er Price In dex— U.S. city average [1967 = 100 unless otherwise specified] A ll U r b a n C o n s u m e r s G e n e ra l s u m m a ry 1983 U r b a n W a g e E a r n e r s a n d C le r ic a l W o r k e r s 1984 1983 Aug. M a r. A p r. M ay FO O D A N D BEVERAG ES 284.9 294.3 294.5 293.6 294.3 Food 292.2 302.2 302.3 301.4 302 0 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 oread.............................................................. Other breads (12/77 = 100).................................... Fresh biscuits, rolls, and muffins (12/77 = 100) ............ Fresh cakes and cupcakes (12/77 = 100) ..................... Cookies (12/77 = 100) ............................................. Crackers, bread, and cracker products (12/77 = 100) . . . Fresh sweetrolls, coffeecake, and donuts 912/77 = 100) Frozen and refrigerated bakery products and fresh pies, tarts, and turnovers (12/77 = 1 00 )............ 282.5 294.0 158.6 143.9 177.2 145.6 154.5 253.1 150.1 153.4 154.9 157.6 151.4 155 3 293.1 301.5 161.9 144.6 182.3 148.8 158.8 258.9 153.0 158.8 160.0 162.9 153.9 160.5 292.8 302.8 162.5 143.8 183 9 149.2 159.4 258.2 154.7 159.2 161.2 163.8 156.6 160.1 290.7 303.5 163.4 144.6 185.1 150.0 159.6 260.4 154.3 158.5 160.6 163.9 155.4 161.5 291.4 304.9 164.2 146.2 185.7 150.1 160.4 260.2 154.8 158.7 161.3 165.8 157.9 162.1 292 5 306.6 164.5 147.2 185.7 150.3 161.5 260.9 155.7 158.7 163.9 166.1 160.7 163.0 159.4 163.8 166.0 164.9 166.6 169.0 168.9 Meats, poultry, fish, and eggs .................................................. Meats, poultry, and fis h ..................................................... Meats ..................................................................... Beef and veal 1 Ground beef other than canned............................... ChucK roast ....................................................... Round roast....................................................... Round steak....................................................... Sirloin steak....................................................... Other beef and veal (12/77 = 100) ........................ Pork..................................................................... Bacon .............................................................. Chops .............................................................. Ham other than canned (12/77 = 100)................... Sausage ............................................................ Canned ham ....................................................... Other pork (12/77 = 100) .................................... Other meats ......................................................... Frankfurters ....................................................... Bologna, liverwurst, and salami (12/77 = 100) . . . . Other lunchmeats (12/77 = 100) .......................... Lamb and organ meats (12/77 = 100) ................... Poultry...................................................................... Fresh whole chicken............................................. Fresh and frozen chicken parts (12/77 = 100).......... Other poultry (12/77 = 100)................................. Fish and seafood ....................................................... Canned fish and seafood ...................................... Fresh and frozen fish and seafood (12/77 = 100) . . . Eggs............................................................................... 258 8 265.0 264.2 270.7 256.5 272.4 232.4 250.3 280.9 166.6 249.6 264.7 232 4 109 6 313.9 254.0 138.4 264.6 266.7 153.2 136.4 133.8 200.5 202.1 131.7 125.7 372.7 135.9 145.5 183.7 269.6 272.6 268.8 279.9 260.9 286.6 251.2 261.6 278.7 172.2 248.6 258.9 229.6 112.2 315.2 251.5 137.8 265.1 264.2 153.1 136.3 137.2 223 2 232.6 150.7 127.9 385.3 132.1 155.4 237.2 270.5 272.7 268.9 280.8 262.7 286 8 250 9 262.4 284.3 172,1 247.7 258.8 232.9 109.2 314.8 246 9 137.3 264.6 262.5 152.9 135.3 138.9 222.3 231.2 150.1 128.0 387.3 132.7 156.3 249.6 266.7 270.9 267 9 278.3 259.7 281.0 246 5 261.3 280.0 172.0 248.0 262.5 227.3 110.2 318.7 249.7 137.1 265.7 264.8 153.6 135.9 138.5 218.0 223.2 145 9 130.3 380.8 132.3 152.6 218.9 263.9 270.3 266.8 274.2 255.1 272.1 238.3 254.2 284.6 170.9 250.5 262.8 234 4 110.7 319.3 248 3 139.1 267.5 265.8 155.0 138.2 137.1 219.6 223.7 147.6 131.6 382.3 133.0 153.1 185.8 264.6 271.4 267.3 272.1 253 0 269.1 231.4 250.6 286.5 170.5 255.5 272.4 242.4 111.4 322.0 246.5 142.0 268.0 265.3 154.8 138.2 139.0 221.3 228.1 146 6 132.7 387.0 134.4 155.1 182.7 265.7 272.7 269.9 274.3 254.8 272.7 235.7 254.7 287.7 171.2 259.9 272 3 250.7 113.5 322 9 248.1 146.1 268.4 267.8 154.8 138.2 138.6 216.5 218.6 144.1 133.3 387.0 134.4 155.1 179.3 Dairy products................................................................. Fresh milk and cream (12/77 = 100).................................. Fresh whole milk .................................................. Other fresh milk and cream (12/77 = 100)..................... Processed dairy products .................................................. Butter ......................................................... Cheese (12/77 = 100)........................................... Ice cream and related products (12/77 = 100)................. Other dairy products (12/77 = 100) ............................. 250 2 136.5 223 2 136.8 148.4 254.2 146.4 152.5 145.9 250.8 136.5 222.9 137.3 149.2 254.4 146.3 155 3 146.9 251.5 136 8 223.7 137.3 149.6 252.4 146.6 156.4 148.2 251.0 136.5 223.0 137.3 149.4 254.2 146.2 156.6 146.8 251.7 136 6 223.2 137.3 150.2 254.1 147.4 156.6 148.5 252.2 136.7 223.3 137.5 150.8 261.2 147.9 155.8 148.3 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)..................... 299.4 310.7 328.9 310.0 291.0 359.8 173.2 293.8 342.2 293.9 200.5 163.6 323.2 344.3 300.5 298.6 264.1 309.6 159.1 385.4 363.5 290.5 318.5 249 4 315.3 326.5 304.2 299.3 275.2 309.5 161.5 347.4 367.3 244.4 280 4 218.9 310.2 316.0 315.2 298.8 251.1 344.8 169.9 316.8 372.1 234.1 252.8 187.4 318.1 329.7 343 3 315.5 277.9 452.5 169.6 317.1 391.4 262.6 262.3 174.6 Processed fruits and vegetables...................................... Processed fruits (12/77 = 100)............................... Frozen fruit and fruit juices (12/77 = 1 00 ).............. Fruit juices other than frozen (12/77 = 100) ............ Canned and dried fruits (12/77 = 100)................... 289.5 150.7 141.1 155.6 153.5 302.8 159.5 159.4 160.8 158.3 305.7 161.7 163.2 163.2 158.8 306.5 162.1 163.8 164.1 158.6 308.0 163.2 164.8 165.2 159 6 82 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June J u ly 1984 A ug. Aug. 295.3 296.9 285.1 303.2 304.8 292 2 302.1 302.3 301.2 294.4 307.8 165.0 148.3 185.9 150.5 162.2 262.6 154.9 159.3 164.9 167.9 162.0 163.4 281.5 292.5 159.5 144 6 179.5 146.8 153.3 248.7 152.2 149.6 153.3 158.5 152.8 158.0 291.9 300.0 162.6 145.1 184.4 150 0 157.5 254.6 155 2 154.9 158.1 163.7 155.2 163.3 291.6 301.3 163.1 144.1 186.1 150.4 158.2 254.0 156.8 155.1 159.2 164.8 158.1 163.1 152.5 157.0 258.4 264.4 263.7 271.1 258.0 280 6 235.0 248.5 281.8 165.1 249.3 268.8 230.5 106.8 315.3 259.8 137.8 264.4 265.9 153.3 134.5 136.6 198.5 129 9 125.1 370.8 135.4 144.8 184.6 269 0 272.0 268.3 280.8 262.1 295.8 254.5 261.3 280.9 171.0 248.0 262.7 227.8 109.1 315.6 256.3 137.1 264.6 263.0 152.9 134.3 140.5 221.2 229.8 148.7 127.6 383.9 131.7 155.2 238.7 252.7 136.7 223.2 137.7 151.5 264.4 148.2 157.4 148.1 249.4 135.9 222.3 136.2 148.6 256.8 146.7 151.5 146.5 249.8 135.8 221.9 136.7 149.4 256 9 146.6 154.3 147.4 250.5 136 2 320.0 332.4 346.9 329.9 271.8 486.5 163.6 318.8 455.6 246.0 237.3 167.1 327.7 345.7 353 3 341.8 257 0 530.8 160.4 338.7 478.1 316.6 310.4 157.1 295.1 304 3 317.5 311.9 290.7 329.9 166.3 292.5 338.2 294.2 204.0 162.5 309.2 163.6 163.9 165.7 161.2 310.7 164.3 166.2 165.3 161.5 287.4 150.4 140.3 154.7 153.8 200.0 A p r. M ay June J u ly 294.3 295.3 301.8 302 8 304.5 289.4 301.9 164.1 144.8 187.3 151.1 158.4 256.1 156.6 154.3 158.7 164.7 156.6 164.2 290.0 303.4 164.8 146.5 188.0 151.2 159.1 256.0 157.0 154.5 159.3 166.7 159.2 164.9 291.0 304.9 165.2 147.5 188.0 151.4 160.1 256.6 157.8 154.6 161.8 167.1 162.0 165.6 292 9 306.3 165.7 148.6 188.2 151.7 160.9 258.5 157.3 155.1 162.7 168 9 163 4 166.3 159.1 158.1 159.8 162.1 161.8 270.0 272.1 268.4 281.7 264.0 295.8 254.7 261.4 286.4 171.0 247.2 262.6 231.1 106 3 315.3 252.1 136.8 263.9 261.1 152.6 133.4 142.1 220.4 228.7 148.3 127.3 385.9 132.2 156.1 251.0 266.1 270.1 267.2 278.8 260.6 289.5 250.2 258.7 281.7 170.7 247.4 266.3 225.2 107.4 319.2 254.8 136.4 265.1 263.4 153.4 134.0 141.7 216.0 220.0 263.3 269.6 266.1 274.6 256 3 280 9 242.6 251.3 285.9 169.3 249.9 266.7 232.4 107.6 319.8 253.3 138 3 267.1 264.4 154.7 136.4 140.3 217.7 221.5 145.7 131.0 380.9 132.5 152.9 186.7 263.9 270.4 266 6 272.4 253.7 277 3 235.1 247 7 288.4 169.1 254.8 276.3 240.1 108.3 322.9 252.0 141.1 267.5 263.8 154.8 136.4 142.0 218.8 225.4 144.4 131.5 385.5 133.9 154.8 183.7 265.2 272.1 269.4 274.9 256 0 280.4 239.9 254.4 288.9 169.8 259.2 276 3 248.3 110.4 323.6 253.4 145.3 268.0 266.3 154.7 136.4 141.7 214.0 216.1 141.8 132.3 385.7 133 9 155.0 180.4 250.1 135.9 250.6 135.9 251.7 136.0 222 6 222.0 222.1 136 6 149.8 254.9 146 9 155.3 148.7 136 6 149.7 256.8 146.5 155.5 147.3 136.6 150.5 256.7 147.8 155.5 148.8 251.1 136 0 222.2 136.8 151.0 263.8 148.2 154.8 148.6 137.0 151.8 266.7 148.6 156.5 148.6 319.4 339.0 290.8 298.7 262.2 284.2 153.4 382.7 357.7 292.6 322.7 247.0 311.2 321.0 294.0 300.4 273.1 283.4 155.1 345.4 360.1 247.1 286.6 217.2 305.6 309.5 303.2 299.5 248.8 313.9 163.2 315.4 366.0 236.4 257 6 186.3 313.1 322.5 328.8 315.2 275.5 413.0 162 6 316.8 387.6 264.6 267.4 174.1 315.1 325.2 333.5 330.6 269.5 448.5 157.0 317.8 451.1 246.2 242.1 166.1 322.4 337.6 338.8 342.8 254.7 487.7 153.6 336.7 470.0 319.1 314.3 155.3 300.2 159.0 158.6 159.7 158.5 302.9 161.2 162.4 162.2 159.0 303.8 161.6 163.1 163.1 158.7 305.3 162.7 164.1 164.3 159.9 306.5 163.1 163.1 164.8 161.4 308.0 163.7 165.5 164.1 161.8 294.7 221.0 143.9 129.6 380.0 131.9 152.7 Aug. 222.0 20. C o n tin u ed — C onsum er Price In dex— U.S. city average [1967 = 100 unless otherwise specified] U r b a n W a g e E a r n e r s a n d C l e r ic a l W o r k e r s A ll U r b a n C o n s u m e r s G e n e ra l s u m m a ry 1984 1983 1984 1983 Aug. M a r. A p r. M ay June J u ly Aug. A ug. M a r. A p r. M ay June J u ly Aug. 140.2 152.8 142.0 132 9 339.1 375.8 151.6 169.7 152.8 258.1 257.2 149.8 130.3 430.7 312.4 146.3 356.0 352 3 140.5 276 9 141.8 155.1 159.3 158.3 156 0 151.5 146.5 144.9 153.5 148.2 138.8 349.7 384.8 156.0 172.5 156.5 280.7 280.1 153.7 145.2 443.5 319.1 153.2 367.6 359.8 144.9 282.1 143 6 156.0 163 3 162.9 156.6 155.0 151.6 145.6 156.0 148.5 138 9 351.0 387.7 158 6 171.8 156.9 282.4 280.5 154.3 146.7 443.6 320.8 151.3 368.6 362.2 144.7 283.8 144.6 159.3 163.0 163.5 157.5 155.8 151.7 146.0 155.4 149.3 139 6 350.8 390.0 159 4 172.4 158.5 282.9 282.7 153.3 146.9 441.7 316 2 150 9 368 9 362.8 146.0 283.9 144.6 158.3 164.7 162.7 157.8 156.0 151.3 146.5 155.6 150.7 139.8 352 1 391 2 160.5 172.4 158.3 285.4 285 6 152.3 149.1 442.3 317.1 150.1 372.8 363 5 146 2 285 3 144.6 160.4 165.1 163 8 158.4 156.0 152.1 147.2 155.1 152.3 140.6 353.1 391.8 161.3 171.0 159.4 291.4 293.2 153.2 152.7 442.7 315.1 150.5 374.8 366.9 147.4 285.4 145.6 159.1 166.0 163 8 160.0 154.9 151.6 148.1 157.0 153.1 147.2 354 0 392.6 161.6 171.0 160.1 295.4 296 0 154.9 155.2 441.5 313.3 149.2 375.9 369.6 147.6 286 9 146.4 162.0 166 5 164.4 159.9 155.5 152.1 139.1 154.5 139 5 131.5 339.9 375.7 151.6 171.0 150.6 257.8 255.1 148.1 130.9 432 5 309.9 144.1 350 8 351.5 140.8 278.5 143.7 154.2 161.4 157 4 157 9 151.8 147.7 143.6 155.2 145.5 137.1 350.2 384 5 155.9 173.7 154.2 280 2 278.1 151.8 145.6 444.9 316.1 150.7 362.0 359.1 145 2 283 7 145.5 155.1 165.4 161.9 158.4 155.1 152.8 144.3 157.7 145 8 137.2 351.6 387.3 158.4 173.0 154.7 281.9 278.5 152 2 147.1 445.2 318 0 149.0 363.0 361.6 144.9 285 4 246.5 258.4 165.2 162.4 159.4 156 0 153.0 144.8 157.1 146.6 138.0 351.3 389 4 159.2 173 6 156.2 282.4 280.3 151.5 147.3 443.1 313.5 148.5 363.4 362.1 146.4 285.4 146.5 157.3 166.9 161.7 159.6 156.0 152.4 145 3 157.2 148.0 138.1 352.5 390.5 160.3 173.6 155.8 284 9 283.2 150.5 149.4 443.7 314.5 147.6 367.1 362.9 146 4 286.9 146.4 159.6 167.4 163.0 160.2 156.2 153.2 146.0 156.7 149.7 138.9 353.5 391.1 161.0 172,2 157.0 291 0 291.1 151.3 153.2 444.0 312.4 148.1 369.0 366.3 147.7 287.0 147.6 158.3 168.3 162.9 161.9 154 9 152.8 146.9 158.6 150.5 139.5 354.3 391.9 161.3 172.3 157 6 295.0 293.6 153.1 lbb./ 442.8 310.7 147.0 369.9 368 9 147.9 288.5 148.4 161.2 168.8 163.5 161.7 155.6 153.2 321.0 155.4 153.9 159.5 329.8 159 0 158.9 163.4 330.9 159.6 159.6 163.7 332.6 160.5 160.2 164.8 333.1 160.7 160.3 165.3 334.4 161.5 161.0 165.5 335.5 161.9 161.7 166.0 324.3 157.1 155.6 160 0 333 0 160.6 160.8 163.9 334.1 161.2 161.3 164 2 335 9 162.0 162.0 165.3 336 3 162.3 162.0 165.8 337.7 163.0 162.8 166.0 338 8 163.5 163.5 166.5 217.1 220.7 221.3 221.5 222.4 222.5 222.9 219.7 223.8 224.6 224.8 225.6 225.8 226.2 Other alcoholic beverages (12/77 = 1 00).................................... Alcoholic beverages away from home (12/77 = 100) .......................... 140.3 224.4 151.6 234.8 122.4 147.3 142.0 228.7 153.6 233.6 122.8 152.6 142.3 229.9 153.1 233.4 122.8 153.6 142.3 230.6 153.3 231 4 122.3 154.2 142.8 231.2 153.8 234.0 122 5 154.8 142.8 231.5 153.5 232.5 122.7 155.5 142.9 231.1 154.0 234.2 122.6 156.4 142.1 223.2 152.1 242 4 122 4 148.5 144.1 227.8 153.8 241.5 122.8 153.9 144.5 228.9 153.7 241.7 122.7 154.8 144.6 229.7 153.7 239.3 122.3 155.3 145.0 230.2 154.1 241 8 122.4 155.9 145.0 230.6 153.9 240 1 122 4 156.6 145.1 230.3 154.3 241.6 122.4 lb /.8 H O U S IN G 324.8 331.5 333 2 334 6 336.2 338.1 339.5 324 3 322.9 322.7 325.2 326 2 328.7 334.2 S h e lte r ( C P I - U ) 346.6 355.5 357.8 358.9 360.2 362.7 364 6 Renters' costs............................................................................... Rent, residential ..................................................................... Other renters' costs ................................................................. Homeowners' costs........................................................................ Owners' equivalent re n t............................................................ Household insurance................................................................. Maintenance and repairs ................................................................. Maintenance and repair services ................................................ Maintenance and repair commodities........................................... 103.7 238.2 355 8 103.0 103.0 103.5 347.9 388 6 261.2 106.5 244.8 364.5 105.6 105.5 107.1 355.3 405.9 259.3 107 4 246 4 371.2 106.2 106.2 106.1 356.3 408.1 259 2 107 8 247.2 371.3 106.5 106.3 160.6 357.3 409.6 259.7 108.2 248 4 371.5 106.8 106.8 106.6 358.9 409.8 262.2 108.9 249.7 375.7 107.6 107.7 106.7 360.3 411.6 263.1 109.6 251.1 380.7 108.1 108.1 108.0 360.1 412.3 262 2 346.4 342.0 341.3 344.2 344.6 347 9 356.1 Rent, residential............................................................................. 237.6 244.1 245.7 246.5 247 7 249.0 250.3 Other renters’ costs........................................................................ Lodging while out of town......................................................... Tenants' insurance (12/77 = 100)............................................. Homeownership............................................................................. 354.0 375.7 155.4 385.2 304.1 496.6 430.8 237.1 629.8 205.5 344 3 385.1 257.5 363.0 381.3 161.1 376.6 292.5 484.8 439.9 244.1 607.9 205.4 353.8 400.3 256.3 370.7 393 8 159.8 374.9 291.7 480 8 440.3 244.8 601.6 203.9 354.2 401.0 255.9 370.5 393.5 159.8 378.5 291 9 490.1 441.0 245.6 615.5 208.4 355.0 402 6 255.6 370.8 393.9 160.1 378.8 291.7 490.6 441.5 245.9 616.0 209.3 356.0 403.1 257.2 375.1 400.6 160.4 382.7 294.9 496.5 441.6 246.4 624.9 210.1 357.3 405.2 257.1 380.2 407.6 162.6 393.4 299.8 519.0 441.8 248.9 658.4 217.4 357.4 405.4 256 9 147.6 126.8 147.3 124 3 147.3 124.5 146.2 124.2 148 0 124.1 147.2 123.1 147.4 123.3 139.5 143.3 138.6 144.0 140 2 141.7 141.9 142.4 142.5 143.0 142.1 146.3 142.8 144.2 Fruits and vegetables— Continued Processed vegetables (12/77 = 100)............................. Frozen vegetables (12/77 - 100) .......................... Cut corn and canned beans except lima (12/77 = 100) Other canned and dried vegetables (12/77 = 100) . . . . 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) ............................................. 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) . . . . 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 = 1 00)................................. Miscellaneous prepared foods (12/77 = 100) ................. Other canned and packaged prepared foods (12/77 = 100) . Lunch (12/77 - 100).............................................................. Dinner (12/77 - 100).............................................................. Other meals and snacks (12/77 = 100) A lc o h o lic b e v e r a g e s Alcoholic beverages at home (12/77 = 100) ...................................... S h e lte r (C P I W ) Financing, taxes, and insurance.................................................. Property insurance............................................................ Property taxes ................................................................. Contracted mortgage interest costs...................................... 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).......... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 83 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Consumer Prices 20. C o n tin u ed — C onsum er Price In dex— U.S. city average [1967 = 100 unless otherwise specified] A il U r b a n C o n s u m e r s G e n e ra l s u m m a ry 1983 Aug. U r b a n W a g e E a r n e r s a n d C l e r ic a l W o r k e r s 1984 M a r. A p r. M ay June 1983 J u ly 1984 Aug. A ug. M a r. A p r. M ay June J u ly Aug. F u e l a n d o t h e r u t il it ie s 375.1 380.1 380.9 385.5 390.0 393.9 395.5 376.8 381.3 382.0 386.6 391.4 395.4 396.9 Fuels.......................... Fuel oil, coal, and bottled gas.............. Fuel oil ............................. Other fuels (6/78 = 100) ................. Gas (piped) and electricity...................... Electricity............ ................. Utility (piped) gas ................................. 476.5 619.0 626.5 190.0 439.1 340.7 589.8 475.2 660.0 671.6 196.4 429.5 335.8 571.4 476.0 650.7 660.9 195.6 432.3 338 9 573.2 483.5 649.2 659.9 194.4 441.4 343.0 591.7 490.7 646.0 656.2 194.1 450.6 358.6 585.9 496.5 637.4 646.2 193.7 459.1 c368.7 589.7 498.6 625.5 632.4 193.3 463.9 374.3 592.2 476.6 621.5 628.9 190.8 438.7 341.2 585.8 474.7 662.4 673.9 197.1 428.4 335.1 567.9 475.4 652.9 663.1 196.3 431.1 338.0 569.8 482.6 651.5 662.1 195.1 439.9 342.2 587.2 490 4 648.4 658.6 194 8 449.7 358.7 581.6 496 1 640.0 648 8 194 4 458.2 369 0 585.1 498 2 628 1 635 1 193 9 463 0 374 8 587.1 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................. 214.8 173.9 142.1 121.9 118.3 355.9 227.4 185.9 157.7 122.4 122.0 369.5 228.2 186.4 157.8 122.3 123.7 371.4 228.8 186.7 158.3 122.6 123.1 373.9 229.4 187.1 160.1 118.5 124.8 374.6 230 6 188.1 162.3 116.2 125.9 376.6 231.3 188.4 163.3 116.1 124.9 378 9 215.9 174.5 142.6 122.4 118.3 360.2 228.5 186.6 158.4 122.8 122 0 373 9 229.2 187.0 158.4 122.7 123 6 375.7 229.9 187.4 159.0 123.0 122.9 378.2 230.4 187.6 160 8 118 9 124 6 378 9 231 7 188 7 163 1 116 6 125 7 381.0 232 4 189 1 164 0 116 5 124 8 383 2 H o u s e h o ld f u r n is h in g s a n d o p e r a t io n s 238.0 241.2 242.3 242.4 242.3 241.9 242.2 234.8 238.0 238.9 239.1 238.9 c238 3 238.6 Housefurnishings ............................... Textile housefurnishings............ Household linens (12/77 = 100) , . . Curtains, drapes, slipcovers, and sewing materials (12/77 = 100) ................. 196.7 226.1 133.4 198 3 236.1 140.1 199.9 235.2 139.0 199.8 236.6 140.8 199.1 234.7 138.2 197.9 232 9 136.6 198.1 238.6 143.1 194.7 229.6 134.5 196.7 240.0 141.2 197.7 238 6 139.9 197.7 239 9 141.6 196 9 238 4 139.4 195 6 236 4 137.7 195 9 242 0 144.1 149.0 154.6 154.7 154.6 154.9 154.2 154.7 153 3 159.5 159 2 158 9 159.5 158.6 158 8 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............ Television ............................. Sound equipment (12/77 = 100) . . . . Household appliances ..................... Refrigerators and home freezers............ Laundry equipment................... 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 = 1 0 0 ).......... 217 2 151.3 117.3 123.5 139.8 150.6 105.1 100.1 110.6 188.0 191.4 142.0 125.4 218.4 149.1 119.8 124.6 142.1 150.5 103.6 97.9 109.7 191.0 197.2 147.4 126.2 222.8 154.2 121.2 125.5 144.6 150.1 103.4 96.7 110.3 190.4 195.8 146.7 126,1 223.8 154.3 121.1 128.2 144.7 149.8 102.9 96.5 109.5 190.6 196.2 146.7 126.2 223.3 154.1 121.3 126.8 144.8 148.8 102.0 95.9 108.4 189.7 196.8 145.0 125.4 222.1 151.5 121.9 126 3 144.7 147.2 101.3 94.5 108.2 187.1 194.2 145.5 123.2 220.8 151.7 120.6 127.1 142,2 147.2 101.0 94.1 108.1 187.5 194.6 145.4 123.6 214.3 148.2 117.6 124.5 135.6 150.8 104.3 99.0 109.7 188.0 197.2 142.8 123 4 215.3 145.9 119.7 125.7 137 9 151.9 102.5 96 5 108.6 192.8 203.1 148.6 125.2 218.9 149.6 121.3 126.3 140.2 151.4 102.4 95.3 109.3 192.0 202.2 147.6 124.9 220.1 150.2 121.1 129.0 140.4 151.3 101.9 95.1 108.5 192.3 202.5 147.6 125 2 219 5 149.6 121 6 127 6 140 4 150 1 101.0 94 5 107.4 191 0 202.5 145 8 124.2 218 7 148 1 122 1 127 2 140 2 148 4 100 2 93 0 107 2 188 4 199 8 146 0 121.4 217 9 148 4 120 7 128 1 138 4 148.7 148.2 149.2 134.2 135.3 134.9 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) 295 8 294.4 151.0 148.1 139.5 154.1 144.6 300.6 296.1 153.7 149.3 141.7 159.5 146.6 301.8 297.1 153.8 151.6 142.0 159.2 147.5 Housekeeping services ................... Postage.................................... Moving, storage, freight, household laundry, and drycleaning services (12/77 = 100) . Appliance and furniture repair (12/77 = 100) 319.3 337.5 326.1 337.5 162.8 144.9 171.7 148.8 APPAREL AND UPKEEP 197.3 198.8 199.2 198.9 197.4 196.6 200.1 196.3 A p p a r e l c o m m o d it ie s 185.3 185 9 186.3 185.8 184.0 183.0 186.6 184.7 Apparel commodities less footwear......... 181.9 182.3 182.6 181.7 179.8 178.9 183.1 181.2 181.9 Men’s and boys’ .......................... Men’s (12/77 = 100) ................. Suits, sport coats, and jackets (12/77 = 100) Coats and jackets................... 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) . . 188.3 118.5 111.4 99.5 144.8 121.6 112.3 122 6 115.4 134.2 123.5 189.9 119.4 110.6 98.1 146.1 127.0 112.4 124.1 119.7 137.9 122.1 190.6 120.2 112.0 99.0 146.0 127.3 113.6 123.2 119.7 137.2 120.3 190.7 120.4 111.9 98.2 147.6 127.6 113.5 122.5 119.4 136.6 119.3 190.3 120.0 113.0 96.2 148.0 126.9 111.4 123.0 118.2 137.1 121.2 189.8 119.3 113.2 96.1 145.6 125.6 111.3 124.1 120.8 136.5 121.8 192.6 121.2 113.5 100.9 147.6 127.3 113.7 125.5 125.5 134.7 121.8 188.3 118.9 104.4 101.7 140.8 124.7 118.1 120.7 116.2 129.9 120.7 190.5 120.1 104.1 101.4 142.1 130.0 118.3 122.8 122.0 133.4 119.6 84 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 148 5 100 0 92 7 107 1 188 9 200 6 146 3 121.7 123.7 127.1 126.3 126.9 127.0 121.7 123.6 122.1 126.4 125.4 126.2 125.8 120.0 121.6 127.2 141.2 125.8 141.6 126.2 143.2 125.7 142.1 124.4 142.2 124.9 142.1 123 9 141.7 124.8 138.9 123.8 139 2 124.2 140.7 124.1 139.4 122.4 139.6 122 9 139.5 121 8 138.9 144.4 132.3 145.4 132.8 147.6 137.4 147.5 136.1 . 147.8 134.3 147.0 135.5 147.7 134.3 136.4 128.3 137.0 128.5 139.0 132.9 138.8 131.5 138 8 129.7 137 8 130.7 137 3 129.8 147.2 147.9 147.2 147.0 144.4 144.2 145.1 143.0 143.9 143.3 143.1 134.1 134.6 135.2 134.4 139.3 140.1 140.5 139.5 140.0 140.7 139.8 301.5 298.2 153.4 151.7 142.5 159.8 144.8 303.0 299.3 155.1 152.9 143.5 160.1 144.7 303.8 299.8 154.9 153.7 143.7 161.2 144.9 304.2 298.8 154.9 153.6 144.2 162.0 145.7 292.7 290.2 149.8 148.1 142.5 148.8 137.8 297.1 291.7 152.4 149.4 144.7 154.0 138.9 298.5 292 8 152.5 151.6 145.1 153.7 140.5 298.5 293 7 152.0 151 7 145 7 154.4 138.7 300 1 294 8 153 8 152 9 146 7 154 7 138.7 301 0 295 3 153 6 153 7 147 1 155 9 138.7 301 1 294 2 153 4 153 4 325.7 337.5 326.5 337.5 327.0 337.5 327.6 337.5 328.2 337.5 319.1 337.5 326.0 337.5 326.0 337.5 326.9 337.5 327.5 337.5 328 2 337.5 328.8 337.5 171.8 149.4 172,9 150.1 173.7 150.2 174.5 150.9 174.6 152.2 163.1 143.1 172.0 146.9 172.1 147.5 173.2 148.1 174 1 148.2 174 9 148.9 175 1 150.0 198.0 198.2 197.7 196.1 195.3 199.0 185.8 185.9 185.1 183.3 182.4 186.1 181.9 180.7 178.7 177.9 182.2 191.2 121.0 105.4 102.4 142.1 130.1 119 9 121.8 122.0 132.7 117.6 191.1 121.1 105.2 101.2 143.5 130.1 119.9 121.1 121 8 132.2 116.6 190.3 120.3 105.8 99.4 143.8 129 2 117.5 121 6 120.4 132.7 118.4 189.9 119 6 106.2 99 6 141 8 127 7 117.2 122 7 123 1 132 2 119.0 193 0 121 7 106 8 104 0 143 3 130 0 120 0 124 3 128 0 130 5 119.1 15fi fi 139.1 20. C o n tin u ed — C onsum er Price In dex— U.S. city average [1967 = 100 unless otherwise specified] U r b a n W a g e E a r n e r s a n d C l e r ic a l W o r k e r s A ll U r b a n C o n s u m e r s 1984 1983 1984 1983 G e n e ra l s u m m a ry Aug. M a r. A p r. M ay June J u ly Aug. A ug. M a r. A p r. M ay June J u ly A ug. 164 2 109.5 171.6 171 4 99 4 133.2 87.3 107.7 101.9 102.0 163.3 108.7 167.2 175.9 92 5 136.8 85.0 108.0 100.6 103 9 163.2 108.6 164.9 175.0 92 8 136.9 85 1 108.2 100.6 104.3 161.8 107.7 159.7 176.1 93 4 137.5 77.3 107.2 98 3 102.7 157.9 105.2 154.6 172.1 91 1 137.0 71.3 104.3 95.0 99.0 156.2 103.7 156.8 163.7 88 2 136.7 74 4 104.6 99 7 96 9 163.1 108.6 167.7 172.0 92.9 138.0 85.1 107 7 131.0 103.1 165.8 111.1 175.3 158.7 99.7 132.9 108.1 106.8 98.7 102.9 165.3 110.5 172.8 162.9 93.0 136.5 106.4 107.4 98 3 104 6 164.5 109 9 170.1 160 6 93 5 136.6 104.2 107.6 98.1 105.2 162.7 108.6 164.7 162.9 93 9 137.1 92.7 106.4 96.0 103.7 159 2 106.2 159.1 160.5 91 4 136.6 85.8 104,3 93.7 100.7 157.4 104.8 162.4 153.1 88 6 136.2 97.1 104.0 98 4 96.7 164.1 109.5 176.1 159.9 93.1 137.5 96 5 107.5 100 4 103.5 127.8 281.9 216.2 121.6 147.5 128 0 288.0 217.2 120 8 148 8 128 1 289 2 217.6 122.6 148 3 129.7 283.9 216.8 123.1 147.4 129 3 278.3 217.7 122.4 148.5 127.1 281.2 218 0 122.5 148.8 127.4 288.7 216.3 123 8 146.7 126.7 292.3 204.6 119.8 138.0 126.9 298.6 205 3 119.7 138.7 126 9 299.7 205.5 120.8 138.4 128.2 293.0 205 0 121.5 137.6 127.8 289 2 205.7 120 9 138.5 125.7 292 0 206.0 120.7 138 9 1260 298.9 204.9 122.3 137.1 205.7 132.3 130 3 125.3 207.7 135.2 131.2 125 5 208 9 135.8 131.4 126.7 210 2 137.1 132.4 127.1 209.6 136.7 132.1 126.7 208.0 137.5 131.0 124.2 207.7 137.4 131.9 123.4 205.5 134.2 132.6 121.1 208.3 137.1 133.8 122.3 209 4 137.9 133 9 123.4 210.7 139.2 134.7 123.7 210.0 138.7 134.5 123.2 208.7 139 6 133.7 120.8 208.5 139.4 134.8 119.9 292 3 300 8 301.5 303.7 304.4 305.1 307.5 290.4 298.8 299 4 301.6 302.4 303.0 305.5 174.3 152.7 180.7 155.3 181 0 155.7 182.6 156.5 182.9 157.0 183.4 157.2 184.1 159.9 172.9 153.9 179.1 156.5 179.4 156.9 180.9 157.7 181.2 158.3 181.7 158.5 182.3 161.3 T R A N S P O R T A T IO N 302 4 306 9 309.6 312.2 313.1 312 9 312.9 304.1 308.9 311.9 314.6 315.5 315.2 315 2 P r iv a te 298.0 301 9 304.8 307.4 308.1 307.5 307.5 300.8 305.2 308.3 311.0 311.7 311.2 311.1 202.1 336 8 389.5 331.0 167.1 207.2 362.2 368.6 338.3 170.7 207.4 370.0 374.0 338 9 171.4 207 6 378.0 376.7 340.2 172.3 207.7 382.0 374.9 340.7 172.6 208.1 383.2 369.8 341.6 172.6 208.1 383.8 365.9 342.7 173.5 201.7 336 8 391.0 331.7 166.0 206.7 362.2 370.5 339.0 169.3 206 9 370.0 375.7 339 6 170.1 207.1 378.0 378 2 340.8 170 9 207.1 382.0 376.4 341.5 171.3 207.6 383.2 376.4 342.3 171.6 207.6 383.8 367.4 343.4 172.1 158.9 152.8 157.5 260.0 208 9 153.5 132.4 183.4 131.6 276.0 302.9 155.4 146.0 194.6 153.0 139 0 158.8 165.1 153.9 162.1 268.3 201.3 152.5 126.9 171.8 133.2 288.7 322 3 159.2 149.1 195.5 158.0 139 2 163.5 165.1 154.2 162.4 269 0 202 4 152.7 127.7 172.9 134.0 289.3 321.8 160 9 149.5 195.7 158.0 139.8 164.3 165.8 154.8 162.6 270 4 201.7 152.7 127.2 172.2 133.5 291.2 323.7 162.4 150.3 197.1 158.0 139 9 165.2 166.2 154.6 163 4 271.5 202.0 154.1 127.3 172.0 134.1 292.5 324.2 164.1 151.1 199.4 157.8 139 9 165.1 166.5 155.3 163.5 272.4 200.6 154.3 126.2 169.6 134.7 294.1 324.8 166.2 152.0 199.8 161.0 139 9 166.5 167 2 155.9 163.9 274.9 200.8 153.6 126 4 170.4 133.9 297 2 325.2 168.7 156.8 209.7 161.3 139.9 170.0 162.8 152.2 156.9 261.1 211.2 152.6 134.1 186.9 131.3 276.8 302.5 155.0 147.2 194.5 153.4 139.8 166.3 169.1 153.1 161.6 269.1 203.5 152.3 128.5 175.1 132.7 289.0 321.5 158.7 150.1 195.4 158.3 139.9 170.7 169 2 153.4 161.9 269.9 204.8 151.9 129.4 176.5 133.6 289.7 321.0 160.4 150.4 195 6 158.3 140.3 171.5 169.8 154.0 162.2 271.3 204.2 152.5 128.9 175.7 133 3 291.6 322.7 161.9 151.3 197.1 158.3 140 4 172.7 170.2 153.8 163.1 272.4 204.5 153.5 129 0 175.5 133.9 293.0 323.1 163.5 152.4 199 6 158.1 140.4 172 6 170.6 154.5 163.2 273 4 202 9 153.8 127 8 173.0 134.1 294.6 323.9 165.7 153.1 200 0 161.2 140.4 173.8 171.3 155.0 163.5 275 8 203.2 153.2 128.1 174.0 133.3 297.5 324 2 168.2 157.4 208.8 161.5 140.5 176.4 P u b lic 365 0 377.4 377.1 379 8 385 2 389 3 390.8 355.7 370.2 370 0 372 2 377.4 380.7 381.6 Intracity mass transit...................................................................... Intercity train fa re .......................................................................... 420.7 412.8 323 7 302.4 364.5 429.0 427.6 342 0 308.5 373.4 427.7 428.7 342.3 308 8 373 4 433 8 429.9 342 3 309.2 373.5 442.0 426.2 346.5 309.7 381.5 450.1 438 9 346.6 310.4 381.9 454.1 441.1 345.7 310.4 381.9 417.1 412.7 321.6 311.8 365 2 424.9 426.8 341.8 317.7 373.7 423.5 427.6 342.1 317.9 373.7 430.0 429.3 347.1 318.3 373.8 438.2 425 8 346.5 319 0 381.9 446.6 438.7 346.6 319.7 382.1 450.5 441.3 345.8 319.7 382.2 M E D IC A L C A R E 360.0 374.5 375.7 376 8 378.0 380 3 381.9 357.9 372.6 373 9 375 0 376.3 378.5 380.1 225.4 235.0 236.9 238.7 239.4 240.7 241.6 225.8 235 3 237.1 238.7 239.5 240.7 241.5 Prescription drugs.......................................................................... Anti-infective drugs (12/77 100)............................................. Tranquilizers and sedatives (12/77 100) ................................. Circulatories and diuretics (12/77 100) Hormones, diabetic drugs, biologicals, and prescription medical supplies (12/77 100) Pain and symptom control drugs (12/77 100).......................... Supplements, cough and cold preparations, and respiratory agents (12/77 100)........................................... 215.7 157.9 179.1 155.4 228 2 163 9 195.5 164.7 230.7 164.8 198.4 166.1 233.1 165.8 202.8 167 4 233 5 164.9 204.0 169.0 234.9 166.1 205.1 170.4 236 6 167.7 207.6 171.3 216.9 160.1 178.7 154.4 229.7 166.3 195.4 164.3 232.2 167.3 198.3 165.5 234 5 168 3 202.7 167 3 234.9 167.3 204.0 168.3 236.3 168 3 205.1 169.5 237.9 170.0 207.5 170.4 199 2 175.7 209.7 185.5 212.5 187 7 214.1 188.7 214.7 188.3 216.2 189.7 218.1 191.0 201.1 177.5 211 9 187.7 214.7 190 0 216 3 191.0 217.0 190.3 218.4 191.7 220.4 192.8 162.6 171.4 173.2 174.6 174.5 175.9 175.5 162.9 172.0 173.9 175.3 176.1 176.5 176.2 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) 156.7 136 2 255.0 151 0 161.2 138.4 263.1 155.8 162 1 138.9 264.9 156.5 162.8 139 3 266 6 156.5 163.5 140.0 268.2 156.4 164.3 140.6 269 5 157.0 164.4 140.5 269.4 157 9 157.5 135.1 256 3 152.4 162.1 137.3 264.4 157.5 163 0 137.8 266.1 158 0 163.7 138.2 267.7 158.0 164.4 138.8 269.3 157.9 165.1 139.5 270 6 158.4 165 2 139.3 270.4 159.4 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 1 00)............ Separates and sportswear (12/77 100) ..................... Underwear, nightwear, hosiery, and accessories (12/77 1 00 )...................................... Infants' and toddlers' .............................................................. Other apparel commodities ......... Sewing materials and notions (12/77 100) ........................ Jewelry and luggage (12/77 100) ................................. Men's (12/77 100).............................................................. Boys'and girls'(12/77 100).................................................. Women's (12/77 100) ......................................................... A p p a r e l s e r v ic e s Laundry and drycleaning other than coin operated (12/77 Other apparel services (12/77 100) 100) Automobile maintenance and repair .................................................. Body work (12/77 100) ....................................................... Automobile drive train, brake, and miscellaneous mechanical repair (12/77 100) ........................................... Maintenance and servicing (12/77 100).................................... Power plant repair (12/77 100) Other private transportation.............................................................. Other private transportation commodities .................................... Motor oil, coolant, and other products (12/77 100) ............ Automobile parts and equipment (12/77 100) Other parts and equipment (12/77 100)..................... Other private transportation services........................................... Automobile insurance ....................................................... Automobile finance charges (12/77 100) Automobile rental, registration, and other fees (12/77 100) State registration ....................................................... Drivers' licenses (12/77 100).................................... Vehicle inspection (12/77 100)................................. Other vehicle-related fees (12/77 100)........................ M e d ic a l c a r e c o m m o d it ie s https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 85 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Consumer Prices 20. C o n tin u ed — C onsum er Price In dex— U.S. city average [1967 = 100 unless otherwise specified] A ll U r b a n C o n s u m e r s G e n e ra l s u m m a ry 1983 U r b a n W a g e E a r n e r s a n d C l e r ic a l W o r k e r s 1984 Aug. M a r. A p r. M e d ic a l c a r e s e r v ic e s 389.8 405.3 Professional services ................. Physicians services..................... Dental services................... Other professional services (12/77 100) 326,0 354 9 306.5 154.0 Other medical care services..................... Hospital and other medical services (12/77 100) . Hospital room ..................... Other hospital and medical care services (12/77 100) 1983 M ay June J u ly 406.3 407.1 408.4 341.1 372.2 321.1 158.8 342.5 373.5 322.5 159.5 343 8 375.2 323 6 159.7 345.8 377.1 326.2 159 9 466.9 196.7 627 6 193.0 482.8 207 0 659.4 203 3 483.4 207.5 660.3 204.2 483 6 207.9 660.7 204.8 484.1 208.4 662.0 205.2 E N T E R T A IN M E N T 246 6 251.7 253.8 253.5 254.5 255 3 256 4 243 1 E n t e r t a in m e n t c o m m o d it ie s 248.0 250 6 253.4 252.2 252.4 253.3 254.5 242.5 Reading materials (12/77 100) Newspapers ................. Magazines, periodicals, and books (12/77 160 9 303.5 168.4 162.4 311 8 166.6 164.5 312 6 170.7 163.1 313.0 167.5 163.7 313 3 168.7 164.5 315.0 169.4 166.0 315 2 172.5 160.2 303.4 168.5 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) 134,1 136.9 118.8 199.9 133.1 136.1 139 9 117.1 201.5 134.0 139.1 144.6 117.5 201 1 135.6 138.0 143 0 117.3 200 8 134.6 137.5 142.2 117.7 201.1 134.2 137.8 142.9 117.7 200.2 134.3 138.3 143.9 117.9 198.3 134.8 Toys, hobbies, and other entertainment (12/77 100) Toys, hobbies, and music equipment (12/77 100) Photographic supplies and equipment (12/77 100) Pet supplies and expenses (12/77 100).............. 139 3 137.7 131.6 147.5 140.5 138 • 132.6 149.7 141,0 139.3 132 9 149.9 141.0 139.2 133.2 149.8 141.1 138.8 133.7 150.5 141,7 139.3 134.2 151 4 E n t e r t a in m e n t s e r v ic e s 245.0 253.8 254.9 255.4 258 1 Fees for participant sports (12/77 100) . Admissions (12/77 100)......... Other entertainment services (12/77 100) 152.2 145.4 129.8 158.5 148.9 134.5 159.5 149.4 134.8 159.6 151.3 134.9 159.7 155.3 135.1 O T H E R G O O D S A N D S E R V IC E S 289.0 302.1 302.8 303.2 T o b a c c o p ro d u c ts 297.7 305 6 305 9 306.1 150.9 313 8 157.0 P e rs o n a l c a re 262.1 Toilet goods and personal care appliances................... Products for the hair, hairpieces, and wigs (12/77 100) Dental and shaving products (12/77 100) Cosmetics, bath and nail preparations, manicure and eye makeup implements (12/77 100)......... Other toilet goods and small personal care appliances (12/77 100) Personal care services ................. Beauty parlor services for women Haircuts and other barber shop services for men (12/77 1984 Aug. Aug M a r. A p r. M ay June J u ly Aug. 410.9 412.7 387.0 402.7 403 9 404.7 406.1 408 6 410.4 347.0 378.1 327.9 160.1 348.2 379.5 329 1 160.3 326.5 358 8 304.3 150.5 341.6 376.1 319.0 155.0 343.0 377.5 320 5 155.8 344.2 379 0 321.6 156.0 346.2 381.1 324.0 156.1 347.4 382 1 325 7 156 4 348.6 383.6 326 8 156.6 488.3 210 9 672.9 207.0 490.7 212.5 678.1 208.5 462.9 194 6 619.5 191.2 479.3 204.9 651.7 201.5 480 0 205.6 652.9 202.4 480 3 205.9 653 3 203.0 480.9 206.3 654.4 203.4 485.2 208 9 664.6 205.4 487 7 210.4 669 5 206.8 248.0 249 8 249.6 250.7 251.4 252.5 245.3 247.7 246.8 246.9 247.8 248 8 161.9 312.0 166.5 164.0 312.9 170 8 162.6 313.1 167.3 163.3 313.4 168.7 164.0 315 1 169.3 165.4 315 3 172.4 128.3 127.8 116.6 200.7 132.9 130.0 130.4 115.1 202.5 133.8 132.6 134.1 115 6 202.2 135.3 131.7 133 0 115.5 201.7 134.3 131.2 132.2 116 0 202.0 134.0 131 4 132 6 115.9 201.2 134.2 131 9 133 7 115.9 199 4 134.0 141.9 138.6 135.0 153.1 138.0 133.9 132.8 148.6 139 5 135.2 133.8 150.8 140.0 135.8 134.2 151.0 140.0 135.8 134.4 150 9 140.1 135.5 135.0 151.6 140 7 135 9 135 6 152.7 141 0 135 2 136 3 154.2 258.5 259.7 245.4 253.9 254.7 255.8 258.5 258.8 260.1 159.7 156.0 135.3 160.1 157.3 136.1 153.2 144.5 130.7 159.2 147.8 135.7 160.1 148.3 135.7 160 3 150 2 132.5 160.7 154.3 135.7 160.4 155 0 136 0 161 0 156 1 136.8 304.4 306.5 307 2 288.0 299.7 300 4 300 8 302.1 304.5 305.3 305 9 308.1 313 2 313 9 297.5 305.2 305 6 305 6 307.8 312 9 313.5 314.1 157.6 314.0 157.9 316.3 158.9 322.0 159.3 322.6 159.7 305.2 150 9 312.8 157.0 313.1 157.6 313.1 157.9 315.3 159 0 320.9 159 4 321 5 159 8 267.8 268.9 269.5 270 6 271.8 272.6 260.1 265.7 266 9 267.5 268.5 269.7 270.5 261.9 152.8 160 0 265 9 154.1 164.6 267 3 154.9 165.1 267.4 154.1 166 8 268.5 154.8 166 5 270 2 156.1 167.2 270.6 156.2 167 6 262.6 151.9 158.5 266 6 153.3 162.9 268.1 154.1 163.3 268.3 153.4 164.9 269 3 154 1 164.7 270 9 155 1 165.2 271 4 155 3 165 6 148.6 148.9 150 0 151.8 151.8 151.6 151.5 151.7 153 0 151.7 154.0 152.7 153 2 154.2 149 2 152.4 150.8 155.4 152.7 155.2 152.7 155.3 154.0 155.5 155 1 156.4 154 5 158.0 263.3 266.5 145.6 270.4 273 4 149.9 271.4 274 4 150.4 272.3 275 0 151.4 273 4 276.4 151.7 274 3 277.3 152.1 275.4 278 4 152.8 258.1 259.7 144.4 265.3 266 6 148 6 266.1 267.5 149 2 267.1 268.0 150.2 268 2 269.3 150.5 269.0 270 2 150 9 270 0 271 2 151.6 P e r s o n a l a n d e d u c a t io n a l e x p e n s e s 328.1 356.4 356 9 357.4 357.9 358 6 359.3 330 5 359.2 359.7 360.3 360.7 361.3 362.1 Schoolbooks and supplies ............ Personal and educational services . . . Tuition and other school fees . . College tuition (12/77 100)......... Elementary and high school tuition (12/77 Personal expenses (12/77 100) . . . 294.6 336 2 168.2 168.0 169.2 189 8 317.1 365.7 184.3 184.5 183.9 201.2 317.6 366.1 184.4 184.7 183 9 202.0 317.8 366.7 184.4 184.7 183.9 188.0 318.5 367.1 184.5 184.8 183.9 204.2 318.8 367.9 184.8 185.2 183.9 205.0 319.2 368.7 185.0 185.3 184.3 206.4 298.8 338.6 168.8 168.0 170 3 190.4 321.6 368.6 185.2 185.4 184.9 202 1 322.2 369 0 185.3 185.5 184.9 202.8 322.4 369.7 185.3 185.5 185.6 204.3 323.1 370.1 185 4 185 7 185.0 204.8 323 4 370 8 185 6 186 0 185 0 205.6 323 8 371 6 185 8 186 1 185 4 207 0 385.9 415.6 342 9 364.2 366.5 412.6 345.5 376.1 371.4 410 3 347 0 376 6 373.8 416.9 351.6 377.8 372.2 417.7 357.1 378 4 367.3 422 0 362 0 379 9 363 8 437 3 364 6 380 3 100). . Cigarettes ........................ Other tobacco products and smoking accessories (12/77 100) 100) . 100) S p e c i a l in d e x e s : Gasoline, motor oil, coolant, and other products Insurance and finance......... Utilities and public transportation......... Housekeeping and home maintenance services c corrected. 86 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 384 5 364.7 369,8 372.4 370.7 365 9 362.4 343 6 360.1 346.5 368.7 348.0 368 6 352.8 369.5 358.0 370.0 362.9 370 9 365.6 371.6 21. C onsum er Price Index for All Urban C onsum ers: C ross classification of region and population size clas s by expenditure category and com m o dity and service group [December 1977 = 100] S iz e c la s s A S iz e c la s s B S iz e c la s s C S iz e c la s s O ( 1 . 2 5 m il li o n o r m o r e ) ( 3 8 5 . 0 0 0 - 1 . 2 5 0 m il li o n ) (7 5 ,0 0 0 - 3 8 5 ,0 0 0 ) ( 7 5 , 0 0 0 o r le s s ) C a te g o ry a n d g ro u p June Aug. A p r. June 1984 1984 1984 1984 A p r. | A p r. Aug. June ] A ug. A p r. I June I Aug. N o rth e a s t E X P E N D IT U R E C A T E G O R Y Food and beverages .................................................................................... Medical care ............................................................................................. Other goods and services ............................................................................ 160.7 152.7 165.3 123 8 170.1 173.2 148.1 170 6 161.2 153.0 165.9 122 2 171.4 174.0 146.6 171.1 162.6 154.2 167.4 125.7 172.0 176.8 149.7 172 3 166.3 151.5 175.7 128.5 174.1 177.6 143.8 169.1 167.2 151.0 177.3 125.5 176.2 179.2 143.8 170.0 168.9 152 0 180.6 125 6 175 6 181.0 148.2 172 0 170 9 155.2 183 0 131.8 174.3 176.9 152.8 174.5 171.7 156.0 184.0 131.1 175.5 177.7 152.3 172.5 173.7 157.5 187.7 131.1 176.2 178.9 153.9 176.6 166.3 152.4 172.9 133.6 173.4 182.5 152.3 173.9 167.2 152.6 173.4 136.4 175.1 183.0 153.6 174.6 167.2 152.7 172.3 138.5 175.7 184.9 153 6 175 6 154 1 154.7 168.8 154.2 154.6 169.8 154.9 154.6 172.0 159.9 163.5 176 1 159.8 163.7 178.2 159 8 163.1 182.3 159.2 160.8 189.6 159.8 161.5 190.4 160.2 161.0 195.0 158 2 160.4 178.4 159.1 160.8 179.1 158.7 161 0 179.1 C O M M O D IT Y A N D S E R V IC E G R O U P Commodities..................................................................................................... Commodities less food and beverages ............................................................ Servces ............................................................................................................ N o r th C e n t r a l R e g io n E X P E N D IT U R E C A T E G O R Y Food and beverages .................................................................................... Apparel and upkeep .................................................................................... Other goods and services ............................................................................ 169.9 149.4 187.7 118.2 170.5 177.4 145.1 165 9 171.3 149.0 190.7 117.8 172.3 178.5 145.7 166.8 172.3 150.2 192.0 120.2 171 9 180.0 146.4 168.7 166.8 148.6 175.2 132.8 172.9 177.2 140.6 178.6 167.7 148.5 176.7 130 8 174.1 179.4 140.7 180.5 168.1 149.4 177.3 131.7 173.4 182.0 139.6 180.6 163.4 148.8 169.1 132.6 173.8 172.7 151.0 163.6 164.7 149.1 171.6 128.3 176 2 172.7 152.9 164.3 166.6 150.7 175.3 130.2 175.1 175.2 153 9 167.1 164.5 156.9 167.3 126.1 172.2 182.9 141.3 176.1 164.8 156.9 166.4 124.6 174.7 184.0 140.5 177.4 166.6 158.4 170.0 124.9 174.9 185.1 142.5 178 4 158.1 162.1 187.2 158 0 162.2 190.7 158 6 162.4 192.3 157.3 160 9 182.1 157.5 161.1 184.1 157.2 160.2 185.3 155.1 157.9 176.8 155.4 158.3 179 6 155.8 157.9 183.6 154.8 153.8 179.8 155.6 155 0 179.2 156.3 155.3 182.8 C O M M O D IT Y A N D S E R V IC E G R O U P Commodities..................................................................................................... Commodities less food and beverages ............................................................ S o u th E X P E N D IT U R E C A T E G O R Y Food and beverages .................................................................................... Apparel and upkeep .................................................................................... Other goods and services ............................................................................. 166.3 156.3 172.3 131.3 172.6 177.1 145.2 170.0 167.6 152 6 174.5 132.2 173.9 179.1 144.7 170.8 168.7 157.3 175 4 131.5 175.6 180.6 147.7 172.5 168.2 155.6 173.7 128.1 176.2 178.5 159.6 172.4 169.1 155.3 174.7 128 3 178.0 180.4 160 0 173.0 170,6 157.2 176.5 127 8 179 0 183.5 161.9 174.8 166 9 153.0 173.2 127.5 174.0 187.5 153.2 170.2 167.1 152.5 172.6 126.4 176 0 188.0 152.8 172.1 168.6 154.0 174.1 127.4 177.5 188.6 153.4 174.5 168.1 156.6 176.4 114.7 172.3 193.7 150.5 169.2 168.4 156.1 176.4 113.6 174.3 193.4 150.7 169.9 168.7 157.8 177.0 110.8 173.8 193.4 151.7 171.3 158 6 159.4 176.8 159.1 160.2 179.1 159.4 160.0 181.3 160.2 161.8 180.1 160.6 162.7 181.6 161.3 162.7 184.2 157.7 159.7 181.2 158.0 160.5 181.2 159.2 161.6 182.9 152.9 158.1 183.4 158.2 159.0 183.5 158.5 158.4 184.1 C O M M O D IT Y A N D S E R V IC E G R O U P Commodities less food and beverages ............................................................ W est E X P E N D IT U R E C A T E G O R Y Food and beverages .................................................................................... Apparel and upkeep .................................................................................... Other goods and services ............................................................................. 167 2 155.3 173.7 124.3 176.4 182.6 144.1 171.5 168.6 154.6 176 3 121.4 179.5 183 3 194.9 171.5 170.3 156.5 179.3 126.5 177.6 185.7 144.8 173.7 166 8 158.6 170.4 126.9 177.5 179 8 148.9 171.3 169.1 158.8 174.3 127.2 180.5 181.5 148 9 173.0 169.5 159.8 174.7 130.5 178 6 182.7 148.8 174.7 159.1 155.0 155.8 123 9 173.5 185.9 154.4 166.5 160 9 154.5 158.7 122.7 176.3 187.5 154.8 169.4 161.4 155.4 159 9 122.5 174.5 189.5 157.9 170.1 166.5 160.3 168 0 142.9 171.1 184.6 160.6 175.1 167.2 161.6 167.3 142.9 173.5 186 6 162.0 175.3 167.8 163.0 167.8 145.1 172.6 188.2 163.2 176 0 155.9 156.1 181.9 155.7 156 3 185.0 155.8 155.3 188.4 158.7 158.4 178.0 159.7 159 9 181.8 159.5 159.0 182.7 157.1 157.4 161.7 157.6 158.8 164.6 157.1 157.2 166.5 155.6 153.2 182.3 157.0 154.6 182.2 157.6 154.7 182.8 C O M M O D IT Y A N D S E R V IC E G R O U P Commodities less food and beverages ............................................................ Services............................................................................................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 87 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Consumer Prices 22. C o n su m er Price In d ex— U.S. city average, and selected areas [1967 = 100 unless otherwise specified] A ll U r b a n C o n s u m e r s A re a 1 1983 U r b a n W a g e E a r n e r s a n d C l e r ic a l W o r k e r s 1984 1983 1984 Aug. M a r. A p r. M ay June J u ly Aug. Aug. U.S. city average2 .................................... 300.3 307.3 308 8 309.7 310.7 311.7 313 0 299.5 303 3 Anchorage, Alaska (10/67 100) Atlanta, Ga........................ Baltimore, Md Boston, Mass................................... 303.9 274 4 309 3 315 9 304.3 265 9 309 6 Buffalo, N Y..................................... 285.9 Chicago, I I I . -Northwestern Ind................... Cincinnati, Ohio Ky Ind...................... Cleveland, Ohio............................. Dallas-Ft. Worth, Tex.............................. Denver-Boulder, Colo......................... 301.6 Detroit, Mich............................... Honolulu, Hawaii........................ Houston, Tex Kansas City, Mo.-Kansas.......................... Los Angeles-Long Beach, Anaheim, Calif............. Miami, Fla. (11/77 100) . . . , Milwaukee, WIs..................... Minneapolis-St. Paul, Minn.-Wis........... New York, N Y-Northeastern N.J.......... Northeast. Pa. (Scranton) ................... 275 3 326 2 315 9 306.7 304 1 300.7 Philadelphia, Pa.-N.J........................... Pittsburgh, Pa......................... Portland. Oreg.-Wash............................ St. Louis, Mo.-Ill......................... San Diego, Calif.............................. 289.9 310 2 San Francisco-Oakland, Calif................................ Seattle-Everett, Wash.............................. Washington. D.C.-Md.-Va. . . . 306 0 299.9 293.0 296 7 305 6 283.2 325.7 309.1 302.8 322.0 300 9 298 2 318.6 305.7 305 4 300 8 294.7 298.7 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 306.3 284.7 330.5 310.8 305.6 315.9 307.7 305 9 300 0 319.7 302.9 297 3 285.1 297.4 337.3 329.8 317.5 309 0 308 0 286.0 332 0 311.2 308.6 303.7 278.2 321.6 299.3 293.7 301.4 M ay June J u ly 304 1 305.4 306.2 307.5 265.7 324.8 305.0 308.5 288.4 302.9 319.1 293.3 304.2 296.0 313 8 296.3 302 9 297.9 289 9 294.0 298.8 301.6 used for New York and Chicago 2Average of 85 cities. 298.3 303.1 299 0 301 5 291.6 295.5 300 5 288.6 299 0 314 4 298.3 300.3 298 9 293 6 333 6 304 5 305.1 168 0 341 6 328 9 293.0 302.7 301.4 294.7 295.9 304.3 332 5 297 1 306 1 303 3 294.6 301 4 324.6 315.1 302.7 308 9 301 2 328 1 324 8 347.1 297.0 290 9 329.5 299.9 303.4 297.5 297.3 328 2 310 8 299.9 308.2 298.3 167.2 338.2 321.1 291.2 315 0 321.9 318 7 340 8 298 6 289 0 324 9 299 7 298.9 292.2 297.3 326.6 323.4 296.3 312.3 310 3 311 6 300.8 287.3 320.7 316.5 166.3 335.3 314.3 308 3 309.4 300 6 286.6 Aug 266 8 310 9 341.7 300 9 308.7 351.3 318.7 313.0 305.7 294.5 313 4 167.0 321.3 324 1 301.6 A p r. 307.2 298.2 349 9 301.9 305.4 353 5 1The 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 88 310.8 323 3 336.7 325.7 166.4 320.5 298.0 302.7 349 8 310 2 305.1 310 0 346 1 165.6 316 8 316.2 289.5 313.0 304.9 292.5 306.9 321.9 332.8 323 9 344,7 298.8 273 5 324.0 301.3 295.2 311.3 303.1 293 0 305.4 320 0 275 5 314 0 310.4 302.0 M ar 322 7 303 2 310.8 23. P roducer Price Indexes, by stage of processing [1967 = 100] 1984 1983 Annual C o m m o d it y g r o u p in g a verag e 1983 S e p t. O c t. Nov. D ec. Jan. Feb. M a r. A p r. M ay1 June J u ly Aug. S e p t. F IN IS H E D G O O D S Finished goods.............................................................. 285 2 285.1 287.6 286 8 287 2 289 5 290 6 291.4 291.2 r291 1 291.2 292.6 291.8 289.8 ' Finished consumer goods ......................................... 284.6 261.8 258.7 260.0 335.3 233.1 231.5 287.2 285.1 263.0 267.4 260.5 338.6 229 2 233.0 285.1 287.0 263.7 287.3 259.5 338.1 235.3 233.6 289.9 285.9 261.9 270.4 259.0 336.8 235 4 234.1 r290.0 286.3 264.3 266.0 262.0 335.2 235 9 234.0 290.4 288.9 272.2 306.9 266 9 335.0 235 9 236.0 291.6 290.1 274.7 313.6 269.0 336.1 236.1 236 5 292.3 291.1 276.6 323.7 270.2 336.7 236.6 237.1 292.3 290.3 274.3 299.0 269 9 336.4 236.7 237.9 294.5 r290.3 r271.7 r270.7 r269 6 r338 9 r236 6 r238 7 r293.9 290.3 270.8 282.6 269 3 339.6 236.5 238.5 294.2 292.0 275 6 275.1 273.4 339.8 236.6 240.2 294.8 290.8 274.2 278 9 271.6 337.6 237.1 240.2 295.1 288.9 273.4 274.7 271.0 336.9 232.5 240.9 292.9 312 3 315.5 315 6 315.5 315.7 316.3 317.6 319.7 320.3 r320 9 321.6 321.7 321.1 320 3 301.7 Processed ....................................................... Nondurable goods less foods................................. Consumer nondurable goods less food and energy Capital equipment..................................................... IN T E R M E D IA T E M A T E R IA L S Intermediate materials, supplies, and components................. Materials and components for manufacturing................. 293 4 296.7 296.4 296.5 297.6 298.9 299.8 301.8 302.9 r303 3 303.1 303.0 302.3 Materials for food manufacturing............................. Materials for nondurable manufacturing ................... Materials for durable manufacturing ........................ Components for manufacturing............................... 258.4 280 0 319.4 280.4 269 4 282.7 323.1 281.8 263.5 283.3 322.3 282.6 260.0 284.6 321.6 283.0 262 9 285.7 322.8 283.5 268.6 286.6 323 4 284.5 268.3 287.0 325.6 285.2 269.6 290.3 328.2 285.6 271.4 291.8 329.1 286.2 r276.0 r292.8 r327.2 r287.0 274.7 292.6 327.1 286.9 276.6 293.0 325.3 287.2 272.7 291.7 324.7 287.8 269.9 291.1 323 2 288.5 Materials and components for construction................... 301.8 303.1 303.6 303 9 304.9 305.5 307.8 309.6 310.5 r309.8 310.2 310.7 311.8 311.3 Manufacturing industries . ....................................... Nonmanufacturing industries ................................. 564.8 479.0 640.0 573.4 487.2 648.8 574.2 490.5 647.2 568.1 484.9 640.6 561.7 478.8 634.0 556.4 474.2 628.0 561.3 477.9 634.1 567.8 483 4 641.4 562.9 480.6 634.5 r567.2 r485.5 r638.2 577.2 493.5 650.1 578.9 494.5 652.3 572.5 489.3 645.0 567.6 485.0 639.6 Containers.............................................................. 286 6 287.1 288.1 289.3 289.9 292.3 294.8 297.3 299.4 r300.9 302.2 303.0 304.1 304.7 Manufacturing industries......................................... Nonmanufacturing industries ................................. 277.1 269.9 281.1 225.9 292.8 280.2 270.8 285 3 249.6 293.4 280 6 271.8 285.3 246.7 294.0 281.6 272 2 286.7 251.0 294.8 281.6 273.3 286.1 243.9 295.5 282.6 274.5 287.0 243.7 296.6 282.2 276 0 285.7 227.7 298.0 283.0 276.4 286.7 232.2 298.4 284.2 277.8 287.8 233 5 299.5 r284.3 r278.4 287.6 r229.2 300.0 283.8 278 9 286.7 221.5 300.4 283.0 279.1 285 4 211.3 300.8 283.3 279.7 285.4 208.3 301.4 283.3 280.3 285.1 202 9 302.1 323.6 328.5 324.8 324.0 327.5 333.5 332.6 338.8 339 4 r338.0 333.2 334.5 329.3 326.7 252.2 257.2 253.7 251.8 256.0 264.0 260.5 269.9 269.7 r266 4 260.7 264.0 256.9 253.1 477.4 482.5 478.2 479.4 481.6 483.4 488.1 487.5 490.1 r492.3 489.5 486.6 485.5 485.1 377.7 387.9 272.1 379.1 389.4 272.7 380.1 390.4 273.7 385.5 395.5 280.3 387.8 398 8 276.5 388.8 399.5 279.2 r389.9 400.2 r282.7 385.9 395.7 281.7 381.1 390.3 281.9 377.2 386.6 277.5 379.8 389.1 280.2 r928.4 920.8 1,079.6 r1,088.1 r816.1 809.1 933.2 1,095.5 818.6 940.6 1,104.4 825.0 954.4 1,121.7 836.3 938.8 1,101.4 824.3 Other supplies.................................................. C R U D E M A T E R IA L S Crude materials for further processing ............................... Nonfood materials..................................................... Nonfood materials except fuel................................. Manufacturing industries .................................... Construction..................................................... 372.2 381 9 270.6 378.1 388.3 272.5 377.1 387.4 270.5 Crude fuel............................................................ Manufacturing industries .................................... Nonmanufacturing industries............................... 931.5 1,094.5 816.3 931.0 1,093.9 816.1 910.9 1,067.1 801.1 915 3 1,071.8 805.3 921.1 1,079.0 810.1 926.1 1,086.5 813.2 926 6 1,086.3 814.2 910.6 1,064.8 802.6 Finished goods excluding foods......................................... Finished consumer goods excluding foods ................... Finished consumer goods less energy.......................... 290.8 291.4 249 9 290.3 291.4 249.7 293 4 293.9 252.1 293 0 293.2 251.7 292.6 292.5 252.6 292.9 292.5 256.1 293.6 293.1 257.2 294.0 293.6 258.2 294,6 293.5 257.8 r295.3 r294.9 r257.1 295.7 295.3 256.7 296.0 295.4 259.0 295.3 294.4 258.7 292.9 291.9 257.2 Intermediate materials less foods and feeds ........................ Intermediate materials less energy............................... 317.1 295.2 319.5 298.1 320.0 298.2 319 9 298.5 320.2 299.4 320.6 300.5 322 3 301.5 324.4 303.3 325.0 304.4 325.4 r304.6 326.5 304.6 326.7 304.5 326.3 304.3 325.7 304.0 247.9 263.2 258.2 257 4 256 9 260.7 255.1 257.5 259.1 r260.8 257.4 255.3 251.7 248.0 538.6 246.5 542.9 252.5 538.8 249.6 540.3 248.3 543.2 252.0 546.3 258.3 552.0 257.3 550.0 265.1 553.0 265.4 554.0 r263.3 552.3 257.7 550 0 258.7 549.4 252.2 547.3 250.1 S P E C IA L G R O U P IN G S 1Data for May 1984 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 I . I. r = revised. 89 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Producer Prices 24. P roducer Price Indexes, by com m o dity g roupings [1967 = 100 unless otherwise specified] 1983 Annual Code C o m m o d it y g r o u p a n d s u b g r o u p 1984 a verag e 1983 S e p t. O c t. Nov. Dec. Jan. Feb. M a r. A p r. M ay1 June J u ly Aug. 303.1 321.5 305.3 323.9 306.0 324.7 305.5 324.1 306.1 324.8 308.0 326.8 308.9 327.7 311.0 330 0 311.3 330.3 r311 5 r330 5 311.4 330.4 312 0 331.0 310 9 329.9 309 6 328.4 253 9 315.7 259.1 317.1 257.5 318.5 256.0 318.3 257 9 318.4 264.4 319.1 263.4 320.6 267 9 321.9 267.3 322 6 '265.8 '323 2 262.7 323.9 265 2 324.0 261 6 323.5 ?59 6 322.3 01-8 01-9 Farm products........................ Fresh and dried fruits and vegetables . . . . Grains............................. Livestock.................................... Live poultry.................................... Plant and animal fibers ................. Fluid m ilk........................ Eggs............................................................................. Hay, hayseeds, and oilseeds .............. Other farm products..................... 248.2 262.1 240.4 243.1 206.5 227.0 282.0 <2) 246.8 282.1 256.4 276.0 258.0 231.5 242.2 238.7 284.4 200.1 297.8 287.3 255.2 308.1 253.7 229.4 208.5 234.5 284.1 (2) 288.8 283.7 251.0 275.2 257.5 220 5 238.5 243.6 283.2 (2) 287.6 283.5 254.0 276.1 243.6 238 2 241.2 244.1 281.4 (2) 282.2 276 9 263.4 291.2 245.5 250.7 252.6 229 3 279.1 282.4 287.3 280 2 261.6 312.2 235.3 251.9 251.3 232.7 275.7 280.7 265.4 278.9 267.4 308.0 250.9 260.8 258.4 250.3 274.2 <2) 281.4 277.7 265.4 263.8 262.1 260.8 240.8 252.3 272.7 264.4 282.1 279.7 260.8 '251.9 256 2 254.8 240.6 259.1 271.7 201.0 297.0 288.2 257.1 272.9 257.8 250.0 227 7 252.7 271.8 177.9 272.4 279 0 258 6 281 2 248.9 260.1 259 2 235.8 273.9 184 9 245 8 277.4 253 2 293 3 236 9 253 7 218 6 211 3 276.8 181 2 242 6 284 1 ?49 7 289 7 231 4 244 9 239 7 210 3 282 1 177 6 228 4 296.1 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 fis h ..................... Dairy products.................................... Processed fruits and vegetables............ Sugar and confectionery..................... Beverages and beverage materials .............. Fats and oils ..................... Miscellaneous processed foods . . . Prepared animal feeds................... 255.9 261.0 249.0 250 6 277.4 292.8 263.6 238.8 254.8 228.8 259.6 263.6 242.9 250 6 278.6 300.2 264.3 303.5 258.4 249.3 257.8 264.6 237.0 251 3 281.1 298.0 265.2 281.7 262.1 248.6 257.6 265.2 234.7 251.4 280 9 297.7 266.3 274.5 264.8 252.1 259 0 265.1 242.3 248.9 282.9 297.5 266.5 271.7 266.2 245.6 263.8 266.6 255.8 248.4 287.7 299 9 268.7 278.3 266 8 245.2 263.4 267.1 254.6 248.4 292.8 300.5 270.2 273.3 275.4 231.1 267.1 267.4 264.4 248.8 295.4 301.1 269.9 286.2 275.2 235.3 267.2 268.3 261.7 248.9 295.1 301.9 271.4 293.4 276.3 236 3 '267.5 '268.7 '257.1 248.9 '297.7 '303.8 '273.5 '328.5 '276 2 '232.3 264.8 271.5 248.5 249.4 298.2 304.0 271.7 326 5 278.4 225.5 267 7 272 2 260.6 251 4 296 5 305 3 273.8 312 7 280 4 216.3 265 2 271 8 253 8 251 0 296 4 304 1 274 2 306 8 279 6 214.0 ?64 0 27? 0 251 0 ?55 ? ?9? O 30? 7 274 7 A ll c o m m o d it ie s A ll c o m m o d it ie s (1957-59 = 100) F a r m p r o d u c t s a n d p r o c e s s e d f o o d s a n d fe e d s I n d u s t r ia l c o m m o d it ie s S e p t. FA R M PR O D U C TS A N D PR O C ESSED FO ODS A N D FEE D S 01 01-1 01-2 01-3 01-4 01-5 01-6 280 8 209.0 I N D U S T R IA L C O M M O D IT IE S 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................. 205.1 156.7 138.5 147.0 123.1 197.4 235.1 206.2 158.0 140.3 147.3 123 4 198.7 235.3 207 0 160.5 141.3 149.4 123 8 198.8 234.5 207.7 159 3 141.7 151.4 124.4 199.4 234.4 207.8 158.1 142.9 152.0 124.8 199.0 235.3 208.2 159.2 142 3 151.1 124.8 200.1 236 0 209.6 161.4 144.0 152.8 126.3 200.5 236.6 209.9 160.7 144.0 153.2 127.0 200.7 237.6 209 9 160.7 143.6 153.0 126.9 200.7 238.1 210.5 '160.6 144.3 '153.7 '127.3 '201.3 '238.8 210.3 160.5 143.8 154.3 127.2 200.7 239.3 210 8 160 1 143 7 154 1 127.7 201 9 239.2 210 5 159 9 14? 1 154 4 127.3 201 8 239.7 154 5 127 0 ?0? 3 240.5 04 04-2 04-3 04-4 Hides, skins, leather, and related products Leather .................................... Footwear .............. Other leather and related products . . . 271.1 330.7 250.1 252 7 274.4 339.4 251.6 253.5 273.7 336.6 251.3 253.5 277.0 340.5 257.3 255.8 277.3 344.1 250.3 255.6 279.1 346.2 250.9 257.2 283.3 362.0 252.5 257.3 286.7 378.0 253.5 257.3 286.8 386.7 251.6 258.1 '288.5 '390.7 '251.5 '259.8 290 3 383.5 250.3 271.2 290.2 384.7 250 1 271.2 290.2 379.7 250 9 271.5 290 3 372 6 ?5? 1 271,7 05 05-1 05-3 05-4 05-61 05-7 Fuels and related products and power Coal......................................... Coke.......................... Gas fuels3 ..................... Electric power ........................ Crude petroleum4 .............. Petroleum products, refined5 ............ 06 06-1 06-21 06-22 06-3 06-4 06-5 06-6 06-7 Chemicals and allied products . . . Industrial chemicals6 ................... Prepared paint Paint materials................... Drugs and pharmaceuticals ......... Fats and oils, inedible . . . Agricultural chemicals and chemical products . . Plastic resins and materials . . Other chemicals and allied products . . 293.0 342.9 264.7 305.8 226.1 285.6 280.5 291.5 273.6 295 9 345.6 264.5 316.2 227 4 329.0 276.0 302.6 274.3 295.5 344.9 264.2 316.9 229.3 318.6 276.4 299.1 274.4 296 4 346.2 264.5 316.5 231.0 321.6 280 4 297.9 273.8 297.7 349.2 264.9 315.5 230.9 318.8 281.9 301.5 273.6 298.1 347.4 265.6 316.6 232.9 334.2 278.5 305.2 274.9 296.5 337.6 267.3 314.2 234.4 349.0 285.9 305.0 273.3 300.1 344.7 267.3 317.9 237.6 366.7 288.1 306.2 275.2 302.0 345.4 268.7 328.7 239.8 383.2 288.4 307 8 277 0 '302.7 '345.3 '270.0 '337.6 '240.1 '399.2 '286.8 '310.6 277.2 302.5 345.5 270.8 337.1 238.7 414 2 286 4 310 8 276.3 302 6 345.7 274 1 335 4 240 0 378 4 285 5 309 9 277.5 301 4 341 7 276 4 335 1 241 7 301 4 338 1 ?77 4 333 5 ?4? 8 ?8? 9 30Q 4 278.4 278.7 07 07-1 Rubber plastic products ............ Rubber and rubber products......... Crude rubber ..................... Tires and tubes.............. Miscellaneous rubber products Plastic products (6/78 = 100) ......... 243.2 266.0 280.8 245.3 284.8 135.3 243.2 263 9 284.4 242.5 281.6 136.6 244.4 264.8 284.3 242.6 283.8 137.4 243.6 264.3 282.7 242.4 283.5 136.7 243.8 264.6 282.2 242.3 284.6 136.8 244.8 266.6 282.9 244.1 287.1 136 9 246 2 266.8 282.8 243.7 288.4 138.4 246.4 265.5 283.0 241.7 287.4 139.4 247.3 267.2 282.3 243.5 289.8 139.4 '247.5 '266.3 '277.7 '243.2 '289.3 '140.2 247.3 266.3 277.1 243.5 289.1 140.1 247 5 266.9 275 9 244 1 290 3 139.9 247 6 267 7 273 2 244 1 293 4 139.5 ?47 9 268 1 273 5 244 7 ?93 5 139.7 Lumber and wood products . . Lumber.......................... 307.1 352.6 302.3 244.1 230.6 305.6 346 6 305.9 242.2 229.4 305.6 344.7 307.4 246 6 229 6 304.9 342.8 307.9 244.6 229.8 308.7 351.3 308.5 247.2 230.6 309.1 352.6 308.6 248.2 230.0 315.7 364 9 308.8 249.5 230.8 316.8 370.5 309 9 248 6 231.8 315.1 369.4 307.2 243.6 233.3 '308.5 '355.6 '304.2 '235.4 '234.7 307.1 351.5 305.2 236.3 234.9 304.3 343.3 305.7 237 1 235.2 304.5 342.3 306 1 246 9 236.5 303 4 338 4 307 0 243 4 235.9 07-12 07-13 07-2 08 08-3 08-4 Plywood........................ Other wood products................. See footnotes at end of table. 90 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ?10 6 159 ? 664,7 672.3 669.5 663.7 658.0 652.1 656.0 658.7 654.7 '660 6 667.9 667.2 660.7 654 8 537.4 537 9 538.2 542.3 543.9 541.4 544.7 546.2 542.0 '547.4 543.3 546.8 550.7 549.6 444.6 453.9 453.1 453.8 415.4 418.3 437.9 438.9 442.8 '441.6 441.9 441.9 437 3 435 4 1,146.9 1,147.0 1,128.4 1,122.0 1,120.4 1,123.0 1,107.8 1,091.0 1,102.1 '1,104.1 1,122.1 1,123.5 1,128 9 1 119 1 417.9 427.9 423.6 418.7 417.3 420.5 424,4 426.7 431.5 '433.1 446.5 453.9 457 1 456 8 681.4 675,7 675.7 675.8 674.4 675.6 675.6 675.6 673.9 '673.9 673.7 673 1 672 3 67? 0 684.3 695.3 695.3 688.2 678 3 663.2 669.8 680.2 667.0 '677.6 681.1 674.6 657.3 647.5 24. C o n tin u ed — P roducer Price Indexes, by com m o dity groupings [1967 = 100 unless otherwise specified]________________________________________________ _ _ _______ 1984 1983 Annual C o m m o d it y g r o u p a n d s u b g r o u p Code a verag e S e p t. O c t. Nov. D ec. Jan. Feb. M a r. A p r. M ay1 June J u ly A ug. S e p t. 298 1 271.4 346.9 <2) 282.0 250.9 265.3 250.0 299 9 273.1 34.4 194.4 286 0 254.0 265 0 252.8 302 2 275.2 347.4 216.2 287.2 257.3 266.5 254.7 303.6 277.4 356.7 215.0 288 5 259 4 267.9 254 7 304.0 277.4 355.5 211.5 289.3 260.9 268.0 250.4 309.1 280.8 366.2 211.5 294 2 262.2 270.6 251.9 312.0 285.0 374.2 229.3 296 6 271 8 273.7 255.1 314.0 288.3 378.6 242.9 299.8 275.6 276.5 258 6 316.3 291.5 401.1 258.8 300 4 277.1 279.1 263.8 r317.7 292.7 r407.9 259.3 301.3 '277 8 r280 1 265.2 317.6 293.3 407.6 257.3 301.4 279.1 280.8 265.1 319 2 295.6 410.6 254.7 307.9 279.1 281.9 262 9 320.0 296.3 410 0 254.5 306 9 285.4 282 4 258 4 321.2 297.2 409.5 249 6 306.7 288.2 283 8 258.1 310 7 348.1 358 1 282 0 338.5 292.5 292.4 246.6 304.3 284.3 310.9 348 5 358.7 279.3 338 3 292.7 292.7 245.3 304.2 289.0 310.9 349.5 359.5 276.6 338 2 293.1 294 1 245.5 305.3 289.5 311.9 350 9 360 0 278.2 340.3 293.5 294.0 245 7 306.0 289.6 312.9 353 8 362 5 276.8 344.1 293.3 293.9 247 3 306.5 290.3 314.8 356.2 363.6 280 2 344.8 294.0 296 4 248 1 307.0 291.1 316.8 356.5 363.6 286.1 345.4 294 4 299 9 248.5 308.3 292.1 317.9 356.5 364.2 289.1 345.3 294.6 301.5 250.3 309.3 293.1 r317.4 r357.3 r364.7 r284.1 '348.0 '295.3 r301 6 '252 4 310.6 '293.4 317.2 356.8 365 4 282.9 348.2 295.0 302 0 251 3 311.1 294 5 315.9 357.2 367.8 276.8 348.4 295.8 302.5 254./ 311.6 294.1 315.8 35/.1 368.0 274 6 352.4 296 7 303.3 255.5 312.3 295.0 315.3 35/6 367.9 271 3 352.6 297.3 299 0 1983 I N D U S T R IA L C O M M O D IT IE S — C o n t in u e d 09 09-1 09-11 09-12 no-13 09-14 09-15 09-2 Pulp, paper, and allied products........................................... Pulp, paper,and products,excluding building paper and board Woodpulp..................................................................... 10 10-1 10-17 10-2 10-3 10-4 10-5 10-6 10-7 10-8 Metals and metal products.................................................. Fabricated structural metal products ................................. Miscellaneous metal products........................................... 307.2 343.4 352.8 276.1 335.4 290.7 289 3 243.6 303.5 283.6 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 ................................................ 286.4 326.3 351.9 326.5 308.2 337.1 240.1 274.1 287 9 328.5 353.5 326.6 308.1 339.8 242.9 274.5 287.6 328.0 353 6 327.0 307.8 340 6 242.6 273.3 288.0 328.6 353.9 327.3 308.6 341.0 242.8 273.7 288.8 330.1 353.6 328.7 309 8 342.0 243.8 273 9 289.7 331.0 354.2 329.2 310.7 342.0 244 7 275.5 290.2 331 4 355 9 330.2 310.9 343.2 245.7 274.3 291 0 332.9 355.3 330.6 311.7 344.6 246.7 274.5 292.2 335.5 357 5 332.6 313.1 346.8 247.7 274.6 '292.6 '338.2 357.8 '333.5 '313.2 348.2 '248.1 '273.7 293.1 336.8 358.1 333.3 313.6 348 8 248.4 275.7 293.7 337.2 358.2 334.1 314.9 351.0 248 5 275.6 294.2 337.6 358.6 334.6 315.4 352.3 248.7 276.1 294.5 337.9 359.0 335.5 315.8 350.3 249 3 276.6 Floor coverings.............................................................. Household appliances ..................................................... Home electronic equipment ............................................. Other household durable goods......................................... 214.0 234.7 286.3 185.4 206.9 86.1 313.1 215.4 236.6 287.3 189.5 208.0 85.8 314.5 215.3 236.9 287.4 189.5 207.6 85.8 314.0 215.7 237.4 289.9 189.3 208.0 85.1 315.1 215.7 237.2 289.5 189.4 208.5 84.5 315.2 216.8 237.9 293.4 188.2 209.8 84.4 318.0 217.2 239.1 294 7 188.4 210.7 84.1 316 8 217 4 240.0 294.7 188.3 210 9 84 0 316.7 218.2 240.8 296.1 188.2 210.9 84.9 319.1 '219.1 241.5 '297.4 '191.7 '210.8 '84.5 '321.6 219.2 242.3 297 0 191.6 211.1 83.7 322.1 218.7 241.8 297.9 191.4 211.4 82.4 320.4 218.9 242.2 298.4 191.3 211.7 84.2 316 3 218.9 243.0 298.5 191.4 211.8 83.5 315.9 327.2 229.5 317.2 303.5 282.4 340.2 387.2 297.8 351.1 482.5 328.0 229.6 316.7 303.3 283.5 344.7 387 9 312.8 350.2 483.2 328.9 230.1 314.8 304 1 284.1 353.3 387.8 315.1 350.4 487 4 328 9 229.9 314.6 304 2 284.2 353.3 384.2 322.6 350.4 486.8 330.1 229.5 315.6 304.9 284.3 353.9 385.0 328.6 350.6 486.4 332.2 229.9 319.9 305.9 283 7 356.0 392.3 339.4 350.6 488.1 333.4 229 1 324.2 306.3 284.3 361.1 385 6 339.6 351.6 490.8 335.8 230.2 324.3 308.8 285.0 361.8 396 2 353.0 358.0 491.3 '337.6 '226.1 '328.0 '309.4 '285 6 '361.8 '398.7 360.9 '361.9 '494.9 338.4 227.3 326.3 310.0 285.6 362.9 392.3 360.3 366.0 499.7 339.3 227.4 327.2 310.6 285.7 362.9 392.6 360.6 367.1 507.1 340.0 217.8 329.0 311.3 287.5 362.7 405 6 352.9 366 0 512.0 340.4 217.9 328.8 311.4 288.7 362.7 406.7 356.1 364.6 510.1 12 12-1 12-2 12 3 12-4 12-5 12-6 Paper .......................................................................... Paperboard ................................................................... Converted paper and paperboard products.......................... Building paper and board ................................................ Plumbing fixtures and brass fittings ¿57.5 312.1 295.6 13-8 13-9 Other nonmetallic minerals ............................................. 325.2 229.7 313.3 302.0 277.8 341.3 384.0 286.0 352.4 480.2 14 14-1 14-4 Transportation equipment (12/68 = 100)............................... Motor vehicles and equipment........................................... Railroad equipment......................................................... 256.7 256.8 350.2 250.4 249.1 350.7 260.6 260 6 348.6 260.5 260.5 348.6 260 7 260.6 350.5 261.5 261.1 351.5 262.2 261.2 351.5 262.4 261.5 352.0 263.4 261,9 380.8 '262.5 261 5 '354.4 262.6 261.4 361.2 262.8 261.5 363 4 263.1 261.8 364 6 257.4 254 6 364 6 15 15-1 15-2 Toys sporting goods, small arms, ammunition................... 289.6 225.2 365.4 280.1 215.7 163.4 351.8 291.4 224.8 376.9 279.7 216.6 164.3 349.6 291.7 225.9 376.8 279.7 216.8 164.8 349.2 291.7 225.2 377.0 279.6 216.8 165 0 349.3 292.8 225.3 377.1 280.1 216.8 165.1 353.2 294.5 227.4 389.4 281.4 <2) 162.2 350.8 294.9 227.8 390.3 282.2 217.9 162.4 350.5 294.9 227.6 390 4 282.2 212.7 162.5 354.2 294.6 226.5 390.4 283.0 213 6 163.8 351.9 294 3 '226.8 390.6 '283.9 '213.6 '163.7 '350.4 295.6 226.4 400.2 283.9 213.5 163.9 349.6 297.1 226.4 407.9 283.9 213.7 164.1 349 8 297.9 226.9 407.6 283.9 214.1 163.1 352.8 296.4 226 9 406.7 283 9 215.5 163.3 346.6 13 13-2 13-3 13-4 13 5 13-6 15-4 15-5 15-9 Nonmetallic mineral products ............................................. Flat glass...................................................................... Structural clay products, excluding refractories ................... Asphalt roofing.............................................................. Gypsum products ......................................................... Photographic equipment and supplies ............................... Other miscellaneous products........................................... 1Data for May 1984 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. 2Not available. 3Prices for natural gas are lagged 1 month. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4Includes only domestic production. 5Most prices for refined petroleum products are lagged 1 month. 6Some prices for industrial chemicals are lagged 1 month. r= revised. 91 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Producer Prices 25. P roducer Price indexes, for special com m o dity groupings [1967 = 100 unless otherwise specified] A nnual 19 8 3 1984 1983 S e p t. O c t. Nov. D ec. Jan. Feb. M a r. A p r. M ay1 306.6 257.5 258.7 308.3 260.7 260.9 309.2 260.5 258.6 309.1 258.0 258.0 309.4 260.2 260.4 310.7 268.3 266.2 311.9 270.2 267.0 313.6 272.9 271.2 314.2 270.6 270.9 r314.7 '268.9 r271.4 314.9 267.6 269.2 Industrial commodities less fuels . . . . Selected textile mill products (Dec. 1975 = 100) Hos ery ......................................... Underwear and nightwear ................... Chemicals and allied products, including synthetic rubber and fibers and yarns............................... 279.3 138.2 144.7 223.8 280.0 139.1 145.6 224.5 281.8 139.4 145.6 224.7 282 2 139.8 145.6 224.6 282 9 140.1 145.6 225.4 284.3 140.0 145.8 228.6 285.5 141.3 147.3 229.8 286.7 141.7 147.4 '230.9 287.8 141.7 147.4 229.8 287.8 142.7 147.4 '230 9 287.9 142.6 147.4 229.0 283.5 285.6 285 6 286 3 287.4 287.6 286.2 289.1 290 6 r291.1 290.7 291.2 290.4 290.2 Pharmaceutical preparations............................. Lumber and wood products, excluding millwork......... Steel mill products, including fabricated wire products . . . . Finished steel mill products, excluding fabricated wire products .................................... Finished steel mill products, including fabricated wire products ......................................... 224.8 321.2 351.2 227.1 316.5 355.9 229.4 316.7 356.4 231.3 314.7 357.4 231.8 321.4 357.8 233.9 322.6 360.1 235.9 331.4 361.1 238.8 334.9 361.2 241.5 332.5 361.8 r241.9 r320 4 r362.4 242.3 317.9 363.1 244.0 312 6 365.3 244 2 315 3 365.7 245 7 311 4 365.6 351.5 357.1 357.8 358.6 359.2 361.7 363.2 363.1 363.6 r364.1 364.8 367.0 367.4 367.2 349.9 354.8 355.4 356.4 356.9 359.2 360.5 360.5 361.0 361.6 362.3 364.4 364.9 364.8 Special metals and metal products ......... Fabricated metal products.......................... Copper and copper products............................. Machinery and motive products . . . . Machinery and equipment, except electrical . . . . 292.6 294.3 196.6 279.8 313.6 291.5 295.5 198.2 277.7 314.3 296.4 297.2 190.7 282.2 314.1 296 3 297.9 182.6 282.4 314.6 297.0 298.4 185.0 283.0 315.3 297.8 299.3 182.1 283.9 316.3 299.0 300.0 185.1 284.5 316.5 300.3 301.1 192.9 285.0 317.1 301.2 301.9 199.4 286.2 318.5 '300.8 '302.9 '191.8 '285.9 '318.8 300.6 303.5 189.3 286.3 319.4 300.0 303.8 183.5 286.7 320.3 300 0 304.9 181 8 287 1 321.0 296 7 305 0 182 1 284 7 321.1 Agricultural machinery, including tractors . Metalworking machinery.......................... Total tractors........................................... Agricultural machinery and equipment less parts.............. 341.5 357.1 r369.7 330.0 344.0 357.5 372.5 332.6 343.6 357.1 372.6 331.8 344.0 357.6 373.1 332.2 346.4 358.2 373.8 334.2 347.1 359.3 374.0 335.2 347.5 362.1 374.5 335.7 349.3 361.6 376.1 337.4 352.9 363.0 384.1 340.4 '357.0 '363.2 '386.8 '343.6 354.6 363.2 384.8 341.7 355.4 364.7 384.9 342.3 355 9 365 2 386 5 342.7 356 0 366 5 386 4 343.0 Farm and garden tractors less parts .............. Agricultural machinery, excluding tractors less parts . Construction materials...................... 347.2 337.1 297.7 350.6 338.9 299.9 350.7 338.2 300.4 350.9 338.7 300.4 352.0 342.2 301.3 352.2 343.3 302.3 352.9 343.4 305.0 355.1 344.9 306.6 362.1 345.7 307.1 '365.8 '350.1 '306.2 362.8 348.2 306.3 362.9 349.6 306.6 364 9 348 8 307.3 364 8 349 2 306.7 A p r. M ay1 June J u ly Aug. S e p t. A ll c o m m o d it ie s — le s s f a r m p r o d u c ts A ll f o o d s P ro c e s s e d fo o d s 1Data for May 1984 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. 26. June J u ly Aug. S e p t. 315.4 272.1 273.4 314.7 270.1 270.5 313.4 268 9 269.5 288.1 142.9 147.8 229.5 288 2 142.7 147 8 230.2 287 5 142 7 147 9 230.2 r = revised. P roducer Price indexes, by durability of product [1967 = 100] Annual C o m m o d it y g r o u p in g 19 83 a verag e 1983 S e p t. O c t. Nov. D ec. Total durable goods ................... Total nondurable goods .............. 286.7 315.7 286.8 319.7 289.2 319.1 289.3 318.1 290.1 318.4 291.0 321.2 292.2 321.9 293.2 324.8 294.2 324.7 '293.8 r325.3 293.8 325.1 293.7 326.3 293.9 324.0 292.5 322.6 Total manufactures...................... Durable ............................. Nondurable ........................ 295.7 287.3 304.4 297.2 287.2 307.8 298.5 289.6 307.7 298.4 289.8 307.4 298.8 290.5 307.5 300.0 291.3 309.1 301.2 292 4 310.4 302.8 293.3 312.7 303.2 294.3 312.5 '303.8 293.9 r314.1 303.8 294.1 314.1 304.2 294.1 314.9 303.4 294.5 312.7 302.1 293.0 311.7 Total raw or slightly processed goods Durable ............................. Nondurable ........................ 339.8 249.3 345.4 345.9 260.7 351.0 343.6 259.8 348.6 340.6 258.5 345.6 341.8 263.3 346.5 348.4 267.4 353.3 347.6 275.2 351.8 352.4 278.7 356.7 352.4 280.6 356.5 '350.1 '277.9 r354.3 349.0 273.0 353.5 350.8 264.8 356.0 348.1 259.6 353.5 345.8 260.6 351.0 1Data for May 1984 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. 92 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 27. P roducer Price indexes for the output of selected SIC industries (1967 = 100 unless otherwise specified] S IC In d u s tr y d e s c r ip t io n code 1984 1983 Annual 1972 av e ra g e 1983 S e p t. O c t. Nov. D ec. Jan. Feb. M a r. A p r. 177.1 269.7 921 4 177.1 243.3 920.0 177.1 283 3 907.2 177.1 287.5 909 4 177.1 277.0 909 4 177.1 275.8 914.3 177.1 245.4 913 0 177.1 250.0 902.7 177.1 267 9 909 2 June J u ly Aug. S e p t. 177.1 273.7 r914.1 177.1 271.6 919 2 177.1 264.6 922.2 177.1 249.1 929.4 177.1 257.1 919.4 M ay1 M IN IN G 1011 1092 1311 Iron ores (12/75 -■ 100).................................... Mercury ores (12/75 = 100) ............................. Crude petroleum and natural gas 2067 2074 2083 2091 2098 Chewing g u m .................................................. Cottonseed oil mills........................................... Malt .............................................................. Canned and cured seafoods (12/73 100) ......... Macaroni and spaghetti 326 8 204.1 234.1 174.1 256.8 327.3 262.9 232.6 169.8 255.5 327.3 253.5 232 6 170.2 258 6 327.5 233.1 241.6 169 2 261.9 327 5 223 3 241.6 169 7 261 9 328.0 229 2 241 6 1690 261 9 328 1 201.7 241.6 168 8 261 9 328 7 212.7 241 6 168 6 261.9 328.8 222.6 241.6 167 0 261.9 '328.9 r245 3 241 6 '169.3 261 9 329.0 242.9 241.6 168 9 261.9 329.1 223.2 241.6 167.8 261.9 329.2 210.3 241.6 167.9 261 9 329.2 205.0 241.6 167.1 261 9 2298 2361 2381 2394 2448 Cordage and twine (12/77 = 100) ..................... Children's dresses and blouses (12/77 = 100) . . . . Fabric dress and work gloves ............................. Canvas and related products (12/77 100)......... Wood pallets and skids (12/75 - 100)................ 139.3 116.6 293 3 147 0 149.2 139.0 117.0 296 3 146 2 151.0 139 0 117.0 296.3 147.8 151.5 138.9 117.0 296 3 147.8 151.9 139.0 117.0 297 6 147 8 153.6 139.0 118.2 295 2 150.6 154.0 139.2 117.8 299.1 150.6 156 0 139.2 117.8 302 3 150.6 157.9 139.3 118.6 304 8 150.6 161.6 139.4 '118.6 315.6 '150 6 '165.1 139.4 118.5 315 6 151.3 165.4 137,4 118.6 315.6 151.3 166 3 137.4 118.6 315.6 151.3 166.3 137.4 117.8 315.6 152.9 166.4 2521 2654 2655 2911 3251 Wood office furniture......................................... Sanitary food containers .................................... Fiber cans, drums, and similar products (12/75 = 100) Petroleum refining (6/76 = 100) ........................ Brick and structural clay t i le ............................... 281.3 266.1 186.5 253.8 332.3 283 6 267.8 187 7 256.8 336.4 283 6 269.0 187 8 257.1 338.4 283.6 269.0 189 5 253.5 339.7 283.6 269 0 189.6 249.7 339.9 285 1 269.1 189 6 244.4 340 2 289 1 273.4 189.7 246.7 339.9 289.1 278.4 191.4 249 8 341.1 289 2 280 6 193.1 244 9 342 6 '289.2 '280.6 193.1 '248.1 '343 8 290.3 282.3 193.1 249.6 346.1 290.3 282.3 194.7 247.2 346.5 290.3 282.3 194 7 241.0 346.5 292.2 282 9 194.7 238.3 348 7 3253 3255 3259 3261 3263 Ceramic wall and floor tile (12/75 100) ............ Clay refractories................................................ Structural clay products, n.e.c.............................. Vitreous plumbing fixtures................................. Fine earthenware food utensils............................. 146 0 355.6 230.2 278.1 366 5 149.6 355.9 234.9 281.3 366 5 149.6 364.3 235.1 283 7 366.5 149 6 366 6 235.0 284.5 368.5 149.6 366.5 235.0 285.4 368.5 149 6 367 2 235.0 285.6 383.6 149.6 367.7 232.1 287.0 384.0 149.6 369.3 232.4 290 1 375.9 149.6 371.5 232.4 290 4 382 6 '149.6 '371.5 '232.4 290.8 '376.5 146.8 373.7 232 9 292.5 375.5 146.8 373.7 233.0 293.1 372.1 150.5 373.4 232.9 293.9 373.0 150.5 373.4 232 9 295.5 372.8 3269 3274 3297 3482 3623 Pottery products, n.e.c. (12/75 * 100) Lime (12/75 = 1 00 )......................................... Nonclay refractories (12/74 = 100)..................... Small arms ammunition (12/75 = 100)................. Welding apparatus, electric (12/72 = 100)............ 187.1 185.7 205.2 180 5 243.6 186 6 186.3 203.8 181.6 243.6 186.6 185.9 203.9 181.6 243.9 189.9 182 4 212.8 181.6 243.9 189.9 182.5 212.8 181.6 244.7 191.9 182.8 213.1 190 3 246.0 192.2 184.4 215.4 190.3 246.7 191.9 183.9 220.6 190 3 247.2 192.2 184.1 220 1 190.3 248.7 '192 2 184.2 '220.1 '190 3 '248 8 192.2 183.4 220.1 196.6 245.2 192.1 180 4 220.0 196.6 245.3 192.1 179.8 219.9 196.6 245.4 189.0 187 3 220.3 196.6 245.9 3648 3671 3942 3944 3955 Lighting equipment, n e.c. (12/75 100)............ Electron tubes, receiving type ............................. Dolls (12/75 - 1 00)......................................... Games, toys, and children's vehicles ................... Carbon paper and inked ribbons (12/75 = 100) . . . 172.8 435.4 137 5 238.7 139.2 173.5 432.8 137.7 236.3 139.2 173.7 432 9 137.7 236.4 139.3 173.9 432.9 137 7 236 2 139 3 172.6 469.8 137.7 236 2 139 3 173.5 490 6 137.6 239.3 144 3 173.5 490.8 137.8 240.6 149.0 184.9 490 8 137.7 240 1 149 0 185 0 490.9 131.6 239 7 149.1 185 6 '490.9 '133.4 '239.1 149.1 185.7 490.9 133.3 234.7 149.1 186.4 491.1 133 3 234.7 146.7 188 2 491.3 133.3 234.7 146.7 188.3 491.6 133.3 234.8 146.7 3995 3996 Burial caskets (6/76 100)............................... Hard surface floor coverings (12/75 100)......... 153.5 161.5 155.4 163.5 156 0 165.5 156.0 163 5 156.0 163.5 156.0 165.2 157.2 165.2 157.3 165.2 158.8 166 3 158.8 166.4 158.8 166.4 158.8 168.7 158.8 168 7 158.5 168.8 M A N U F A C T U R IN G 'Data for May 1984 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. r = revised. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NOTE: Indexes which were deleted in the September issue may now be found in Table 4 of the BIS monthly report, Producer Prices and Price Indexes. 93 PRODUCTIVITY DATA P r o d u c t i v i t y d a t a are compiled by the Bureau of Labor Statistics from establishment data and from measures of compensation and output supplied by the U.S. Department of Commerce and the Federal Reserve Board. hour d e sc r ib e s lab or p ro d u ctiv ity in n o n fin a n c ia l co rp o ra tio n s w h ere there are n o s e lf-e m p lo y e d . T h e capital services input in d ex used in the m u l tifa c to r p ro d u ctiv ity co m p u ta tio n is d e v e lo p e d by b i .s to r ie s— w e ig h te d by rental p rices for ea ch ty p e o f a sse t. of labor and capital input Definitions from m ea su res o f the net sto ck o f p h y sica l a s s e ts — e q u ip m en t, stru ctu res, lan d , and in v e n Combined units are co m p u ted by co m b in in g c h a n g es in labor and ca p ita l in p u ts w ith w e ig h ts w h ich represent ea ch c o m p o n e n t’s share Output is the con stan t d o lla r g ro ss product secto r. Output per hour of all persons (lab or p rod uced by the particular p ro d u ctiv ity ) m ea su res the v a lu e o f g o o d s and s e r v ic e s in con stan t p rices p rod uced per h our o f labor. Output per unit of capital services (cap ital p rod u ctivity) m easu res the o f total o u tpu t. T h e in d e x e s fo r ca p ita l s e r v ic e s and co m b in ed units o f lab or and cap ital are b a sed on ch a n g in g w e ig h ts w h ich arc a v er a g es o f the sh a res in th e current and p rec ed in g y ea r (th e T o m q u ist in d ex -n u m b er fo rm u la ). v a lu e o f g o o d s and se r v ic e s in con stan t d ollars per unit o f cap ital se r v ic e s Notes on the data input. Multifactor productivity m easu res the output per unit o f c o m b in ed lab or and cap ital input. T h e traditional m easu re o f ou tpu t per h our reflects ch a n g e s in cap ital per h our and a co m b in a tio n o f o th er fa cto rs— su ch a s, c h a n g e s in te c h n o lo g y , sh ifts in the co m p o s itio n o f the lab or fo r c e , ch a n g es in ca p a city u tiliz a tio n , research and d e v e lo p m e n t, sk ill and effo rts o f the work force, m an agem en t, and s o forth. T he m ultifactor productivity m ea s ure d iffe r s from the fam iliar bls m easu re o f output per hour o f all p erso n s in that it e x c lu d e s the e ffe c ts o f the su b stitu tion o f cap ital for labor. Compensation per hour In the b u sin ess sector and the nonfarm b usiness sector, the output m ea s ure e m p lo y e d in the co m p u ta tio n o f output per hour is co n stru cted from G r o ss D o m e s tic P roduct rather than G ro ss N a tio n a l P rodu ct. M u ltifa cto r p ro d u c tiv ity m ea su res (ta b le 2 8 ) fo r the private b u sin e ss and private non farm b u sin e ss s ecto rs d iffer from the b u sin e ss and nonfarm b u sin e ss secto r m ea su res u sed in the traditional lab or p ro d u ctiv ity in d e x e s (ta b les 2 9 - 3 2 ) in that th ey e x c lu d e the a c tiv itie s o f g o v er n m en t en terp rises. T h ere is no d iffe r e n c e in the secto r d efin itio n for m an u fa ctu rin g . in clu d es w a g e s and sa la ries o f e m p lo y e e s p lu s e m p lo y e r s ’ co n trib u tio n s for so cia l in su ran ce and private b en efit p lan s. O utput m ea su res for the b u sin e ss secto rs are d eriv ed from data su p p lied T h e data a ls o in clu d e an estim a te o f w a g e s , sa la ries, and su p p lem en tary by the B ureau o f E c o n o m ic A n a ly sis, U .S . D ep artm en t o f C o m m e r c e , and p a y m en ts for the s e lf-e m p lo y e d , e x c e p t for n o n fin a n c ia l co r p o r a tio n s, in the F ederal R eserv e B oard . Q u arterly m an ufacturin g ou tpu t in d e x e s are is c o m a d justed by the B ureau o f L abor S ta tistics to annual e stim a te s o f output p en sa tio n per h our ad justed by the C o n su m er Price Index for A ll Urban (g r o ss p rod uct o rig in a tin g ) from the B ureau o f E c o n o m ic A n a ly sis. C o m C o n su m ers. p en sa tio n and h ours data are from the B ureau o f L ab or S ta tistics and the w h ich there are no s e lf-e m p lo y e d . Real compensation per hour B ureau o f E c o n o m ic A n a ly sis. Unit labor costs m easu re the lab or co m p en sa tio n c o s ts required to p ro d u ce a unit o f ou tpu t and is d eriv ed by d iv id in g co m p en sa tio n by ou tpu t. Unit nonlabor payments T h e p ro d u c tiv ity and a sso c ia ted c o st m ea su res in the ta b les d escrib e the in clu d e p rofits, d ep rec ia tio n , in terest, and in re la tio n sh ip b etw een ou tpu t in real term s and the labor tim e and cap ital d irect ta x es per unit o f ou tpu t. T h ey are co m p u ted by sub tractin g c o m s e r v ic e s in v o lv e d in its p ro d u ctio n . T h ey sh o w the c h a n g e s from p eriod p en sa tio n o f all p erson s from current d ollar g ro ss product and d iv id in g by to p erio d in the a m o u n t o f g o o d s and s e r v ic e s p rod uced per unit o f input. o u tp u t. Unit nonlabor costs con tain all the c o m p o n en ts o f unit n onlab or p a y m en ts e x c e p t unit p rofits. Unit profits in clu d e corporate p ro fits and th e v a lu e o f in ven tory ad ju stm en ts per unit o f ou tpu t. The implicit price deflator is the p rice in d ex for the g ro ss product o f the s e cto r reported. It is d eriv ed by d iv id in g the current d o lla r g ro ss product A lth o u g h th ese m ea su res relate output to hours and ca p ita l s e r v ic e s , th ey d o not m ea su re the co n trib u tio n s o f lab or, ca p ita l, or an y o th er s p e c ific fa cto r o f p ro d u ctio n . R ather, th ey reflect the jo in t e ffe c t o f m an y in flu e n c e s, in clu d in g ch a n g e s in te c h n o lo g y ; cap ital in v estm en t; le v e l o f output; u ti liza tio n o f c a p a c ity , e n e r g y , and m aterials; the o rg a n iz a tio n o f p rod uction ; m a n agerial sk ill; and the ch a ra cteristics and e ffo rts o f the w ork fo rce . For b y the co n sta n t d o lla r fig u re s. a m ore c o m p le te d escrip tio n o f th e m e th o d o lo g y u nd erly in g the m u ltifa cto r Hours of all persons m easu res the labor input o f payroll w ork ers, s e lf- e m p lo y e d p e r so n s, and unpaid fa m ily w ork ers. 94 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Output per all employee p ro d u c tiv ity m ea su res, s e e B u lle tin 2 1 7 8 , “ T rend s in M u ltifa cto r P ro d u c tiv ity , 1 9 4 8 - 8 1 ” (S ep tem b er 1 9 8 3 ). 28. A nnual indexes of m ultifactor produ ctivity and related m easures, selected years, 1 9 5 0 -8 3 [1977 = 100] Hem 1950 1960 1970 1973 1974 1975 1976 1978 1979' 1980' 1981' 1982' 19B 3P 49 7 98.6 63.6 39.5 64.8 98.5 75.4 53 3 86.1 98.5 90.2 78.3 '94.8 103.0 97.5 91.8 r92 5 96 5 93.8 89.9 94.5 92 0 93.6 88 0 97.6 96.1 97.1 93.7 '100.5 101.8 101.0 105.5 99 3 100.3 99.7 107 9 98.7 95.6 97.6 106.4 100.6 94.1 98.3 109.2 100.8 89 6 96.8 106 3 103.7 92.3 99 6 111.1 '79 4 40.1 62.1 50.4 82 2 54.1 70 7 65.8 r90 8 79.4 '86 7 87 4 r96.8 89.1 94.1 92.0 97 2 93.1 95 8 '95.9 93.1 95.7 94.0 102.8 95 9 97.5 96 5 101.6 '105 0 103.6 '104.5 '98 7 108.6 107.5 108.2 98 9 107.8 111.4 109.0 103 3 108.5 116.0 111.0 106.9 105.4 118.7 109.8 112.6 107.2 120.3 111.5 112 3 55.6 98 2 68 1 38.3 r68 0 98.4 77.6 52 3 86.8 98.6 '90 7 77.8 95 3 103.2 97 9 91.7 92 9 96.5 94.1 89.7 '94.8 91.7 93 6 87.6 97.8 96.1 97.2 93.6 100.6 101.9 '101.0 105.7 99 0 100.1 99.4 108.0 98.2 95 2 97.2 106.4 99 6 93.2 97.4 108.7 99 9 88 7 95.9 105.9 103.5 91.9 99.3 111.3 69.0 39.0 '56 2 56.6 77 0 53.2 67.4 r69.1 89 7 78.9 85.9 88 0 96.2 88 8 93.6 '92.4 '96.5 93.0 '95 3 96 3 '92.4 95.6 '93.5 103 4 95.7 97.4 96 3 101.8 105.1 103.7 104.6 98.7 109.1 107.9 108.7 98 9 108.4 111.7 109.5 103.1 109.1 116.6 111.6 106.8 106 0 119.4 110 4 112.6 107 6 121.2 112.0 112.6 49.4 94.5 59 9 38.6 60.0 88 0 67.0 50.7 r79.2 91.8 82.3 77.0 93.0 108 2 96.8 95.9 90.8 99.6 '93.1 91.9 93 4 89.4 92.2 85.4 '97.6 96.1 97.1 93.6 '100.9 101.5 '101.1 105 3 101.6 99.5 101.0 108.2 101,7 90.7 98.8 103.5 104.9 89.9 100.8 106.1 107.1 02.9 100.3 99.3 111.6 87.6 104.9 104.4 78.2 40.9 '64 5 52 3 84.4 57.5 75.6 68 2 97.3 83.9 '93 5 86.2 r103 1 88.6 '99 0 85 9 101.2 92.2 '98.7 91.1 91.4 95.5 92.6 '104.5 95.9 97.4 '96.3 '101.6 '104.4 103.8 '104.2 '99.4 106.5 108.8 107.1 102.1 101 7 114.1 104 8 112.2 101.1 118.0 105 2 116.7 92.7 119.8 99.0 129.2 93.5 119.2 99.5 127.5 P R IV A T E B U S IN E S S S E C T O R Productivity: Output per hour of all persons..................... Output per unit of capital services................. Multifactor productivity............................... Output.......................................................... Inputs: Hours of all persons.................................... Capital services ......................................... Combined units of labor and capital input . . . . Capital per hour of all persons ........................ P R IV A T E N O N F A R M B U S IN E S S S E C T O R Productivity: Output per hour of all persons..................... Output per unit of capital services................. Multifactor productivity............................... Output.......................................................... Inputs: Hours of all persons.................................... Capital services ......................................... Combined units of labor and capital input . . . . Capital per hour of all persons ........................ M A N U F A C T U R IN G Productivity: Output per hour of all persons..................... Output per unit of capital services................. Multifactor productivity............................... Output.......................................................... Inputs: Hours of all persons.................................... Capital services ......................................... Combined units of labor and capital input . . . . Capital per hour of all persons ........................ P = preliminary. r = revised. 29. A nnual in dexes of productivity, hourly com pensation, unit costs, and prices, selected years, 1 9 5 0 -8 3 [1977 = 100] Item Business sector: Output per hour of all persons..................... Compensation per hour............................... Real compensation per hour ........................ Unit labor costs......................................... Unit nonlabor payments............................... Implicit price deflator................................. Nonfarm business sector: Output per hour of all persons..................... Compensation per hour............................... Real compensation per hour ........................ Unit labor costs......................................... Unit nonlabor payments............................... Implicit price deflator.................................. Nonfinancial corporations: Output per hour of all persons..................... Compensation per hour............................... Real compensation per h o u r........................ Unit labor costs......................................... Unit nonlabor payments............................... Implicit price deflator................................. Manufacturing: Output per hour of all persons..................... Compensation per hour............................... Real compensation per hour ........................ Unit nonlabor payments................... Implicit price deflator.................................. 1950 1955 1960 1965 1970 1975 1976 1978 1979 1980 1981 1982 1983 50.4 20.0 50.5 39.8 43.4 41.0 58.3 26.4 59 7 45 2 47.6 46.0 65 2 33.9 69.5 52.1 50.6 51.6 78.3 41.7 80.1 53.3 57 6 54.7 86.2 58.2 90 8 67.5 63.2 66.0 94.6 85.6 96 4 90.5 90 4 90.4 97.6 92.9 98.9 95.1 94.0 94.7 100.5 108 5 100.8 108.0 106.7 107.5 99.3 118 7 99.1 119.5 112.8 117.2 98 8 131.1 96.4 132.6 119.3 128.1 100.7 143.4 95.5 142.4 136.7 140.4 100.9 155.0 97 3 153.6 136 8 147.9 103.7 161.7 98.4 156.0 145.5 152.4 56.3 21.9 55.1 38.8 42.7 40.1 62.8 28.3 64.0 45.1 47.8 46.0 68.3 35.7 73.1 52.3 50.4 51.6 80.5 42.8 82.3 53.2 58.0 54.8 86.8 58.7 91.5 67.6 63.8 66.3 94 8 86.1 96.9 90.8 88.5 90.0 97 8 93.0 99.0 95.1 93.5 94.6 100.6 108 6 100.8 108 0 105.3 107.1 99.0 118.4 98.8 119.5 110.4 116.5 98 3 130.6 96.0 132.8 118.6 128.1 99.8 143.1 95.3 143.5 135.0 140 6 100.0 154.5 97.0 154 5 136.9 148.6 103.4 162.0 98.6 156.6 147.0 153.4 (1) <1) (1) <1) <1> (1) (1) <1) (1) (1) (1) (1) 68.0 37.0 75.8 54.4 54.6 54.5 82.0 43.9 84 3 53.5 60.8 56.1 87.4 59.4 92 7 68 0 63.1 66.3 95.5 86.1 97.0 90.2 90.8 90 4 98.2 92 9 98.9 94 6 95.0 94.7 100.8 108.4 100.7 107.5 104.2 106 4 100.6 118 6 99.0 117.8 106.9 114.1 99 7 130.8 96.2 131.2 117.4 126 4 101.6 143.1 95.3 140.9 135.1 138.9 102.6 154.6 97.0 150.6 138.1 146.3 106.1 161.0 97.9 151.8 149.1 150 9 49.4 21.5 54 0 43.4 54.3 46.6 56.4 28.8 65.1 51.0 58.6 53.2 60.0 36.7 75.1 61.1 61.1 61.1 74.6 42.8 82.3 57.5 69.4 61.0 79.2 57.6 89.8 72.7 65.1 70.5 93.4 85.5 96.2 91.5 87.3 90.3 97.6 92.3 98.3 94.6 93.9 94.4 100.9 108.3 100 6 107.3 102.7 106.0 101.6 118.8 99.2 117.0 99.9 112.0 101.7 132.7 97.6 130.5 97.9 120.9 104.9 145.2 96.8 138.4 111.6 130.6 107.1 158.0 99 2 147.6 110.5 136.7 111.6 163.4 99 4 146.4 128.8 141.2 1Not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 95 MONTHLY LABOR REVIEW November 1984 • Current Labor Statistics: Productivity 30. A nnual changes in productivity, hourly com pensation, unit costs, and prices, 1 9 7 3 -8 3 of change 1973 Business sector: Output per hour of all persons ............ Compensation per h o u r..................... Real compensation per hour .............. Unit labor costs ............................... Unit nonlabor payments..................... Implicit price deflator .................: . . Nonfarm business sector: Output per hour of all persons ............ Compensation per h o u r..................... Real compensation per hour .............. Unit labor costs ............................... Unit nonlabor payments..................... Implicit price deflator ........................ Nonfinancial corporations: Output per hour of all employees......... Compensation per h o u r..................... Real compensation per hour .............. Unit labor costs ............................... Unit nonlabor payments..................... Implicit price deflator ........................ Manufacturing: Output per hour of all persons ............ Compensation per h o u r..................... Real compensation per hour .............. Unit labor costs ............................... Unit nonlabor payments..................... Implicit price deflator ........................ A n n u a l r a te Year It e m 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1 9 5 0 -8 3 1 9 7 3 -8 3 2.6 8.0 1.6 5.3 5.9 5.5 -2.4 9.4 -1.4 12.1 4.4 9.5 2.2 9.6 0.5 7.3 15.1 9.8 3.3 8.5 2.6 5.1 4.0 4.7 2.4 7.7 1.2 5.1 6.4 5.6 0.5 8.5 0.8 8.0 6.7 7.5 -1.2 9.4 -1.7 10.7 5.8 9.0 -0.5 10.4 -2.7 11.0 5.7 9.3 1.9 9.4 -0.9 7.3 14.6 9.6 0.2 8.1 1.9 7.9 0.1 5.3 2.7 4.3 1.1 1.6 6.3 3.0 2.2 65 2.0 4.2 3.7 41 09 85 01 76 71 71 2.4 7.6 1.3 5.0 1.3 3.8 -2.5 9.4 -1.4 12.2 5.9 10.2 2.0 9.6 0.4 7.5 16.7 10.3 3.2 8.1 2.2 4.7 5.7 5.1 2.2 7.5 1.0 5.2 6.9 5.7 0.6 8.6 0.8 8.0 5.3 7.1 -1.5 9.0 -2.0 10.7 4.8 8.8 -0.7 10.3 -2.8 11.1 7.4 10.0 1.5 9.6 -0.7 8.0 13.8 9.8 0.2 8.0 1.7 7.7 1.4 5.7 3.5 4.9 1.6 1.4 7.4 3.2 19 63 1.8 4.3 3.8 4.1 12 85 01 7.6 75 76 2.4 7.5 1.2 4.9 1.5 3.8 -3.7 9.4 -1.5 13.6 7.1 11.4 2.9 9.6 0.4 6.5 20.1 10.9 2.9 7.9 2.0 4.9 4.6 4.8 1.8 7.6 1.1 5.7 5.3 5.6 0.8 8.4 0.7 7.5 4.2 6.4 -0.2 9.4 -1.7 9.6 2.6 7.2 -0.9 10.3 -2.8 11.3 9.8 10.8 1.9 9.4 -0.9 7.4 15.1 9.8 1.0 8.0 1.8 6.9 2.3 5.3 3.3 4.2 0.9 0.8 7.9 3.1 (1) (1) (1) (1) (1) (1) 11 85 0.1 74 71 73 5.4 7.2 0.9 1.7 -3.3 0.3 -2.4 10.6 -0.3 13.3 -1.8 9.0 2.9 11.9 2.5 8.8 25.9 13.1 4.5 8.0 2.1 3.4 7.5 4.6 2.5 8.3 1.8 5.7 6.5 6.0 0.9 8.3 0.6 7.3 2.7 6.0 0.7 9.7 -1.4 9.0 -2.6 5.7 0.2 11.7 -1.6 11.5 -2.1 7.9 3.1 9.4 -0.9 6.1 14.1 8.0 2.1 8.8 2.5 6.6 -1.0 4.7 4,3 3.4 0.2 -0.8 16.5 3.3 25 63 1.9 38 2.6 3.4 18 90 05 70 6.2 6.8 1Not available. 31. Q uarterly indexes of productivity, hourly com pensation, unit costs, and prices, seasonally adjusted [1977 = 100] Business sector: Output per hour of all persons ................... Compensation per hour ............................. Real compensation per hour........................ Unit labor costs......................................... Unit nonlabor payments ............................. Implicit price deflator.................................. Nonfarm business sector: Output per hour of all persons ................... Compensation per hour ............................. Real compensation per hour........................ Unit labor costs......................................... Unit nonlabor payments ............................. Implicit price deflator.................................. Nonfinancial corporations: Output per hour of all employees................. Compensation per hour ............................. Real compensation per hour........................ Total unit costs......................................... Unit labor costs................................. Unit nonlabor costs............................. Unit profits .............................................. Implicit price deflator.................................. Manufacturing: Output per hour of all persons ................... Compensation per hour ............................. Real compensation per hour........................ Unit labor costs......................................... 96 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Q u a r t e r ly in d e x e s Annual av e ra g e It e m 1981 1982 1983 1984 1982 1983 100.9 155.0 97.3 153.6 136.8 147.9 103.7 161.7 98.4 156.0 145.5 152.4 100.3 147.6 95.4 147.1 139.6 144.6 100.9 151.4 96.9 150.0 138.0 145.9 100.3 153.9 97.2 153.4 137.0 147.9 100 9 156.7 97.3 155.3 135.8 148.7 101.6 158.4 98.0 155.9 136.5 149.3 102.2 160.2 99.0 156.8 139.8 151.0 103.6 161.0 98.5 155.4 144.6 151.7 104.3 161.8 98.0 155.1 147.9 152.7 104.7 164.2 98.4 156.8 149.1 154.2 105.7 166.7 98.6 157.7 151.6 155.6 106.8 167.5 98.2 156.9 156.3 156.7 100.0 154.5 97.0 154.5 136.9 148.6 103.4 162.0 98.6 156.6 147.0 153.4 99.2 147.3 95.2 148.5 138.5 145.1 99.8 151.0 96.7 151.4 136.9 146.5 99.4 153.2 96.8 154.2 137.5 148.6 100.3 156.0 96.9 155.6 136.8 149.3 100.5 157.9 97.7 157.1 136.4 150.2 101.6 160.1 99.0 157.6 140.6 151.9 103.6 161.5 98.8 155.9 146.4 152.7 104.1 162.4 98.3 155 9 149.4 153.8 104.4 164.0 98.2 157.1 151.4 155.2 105.2 166.5 98.5 158.3 152.2 156.3 106.4 168.0 98.5 158.0 155.8 157.2 102.6 154.6 97.0 154.3 150.6 164.8 84.6 146.3 106.1 161.0 97.9 155.2 151.8 164.9 117.2 150.9 101.3 147.1 95.1 148.7 145.2 158.5 100.2 143.1 102.2 151.1 96.7 151.5 147.9 161.6 89.4 144.3 102.1 153.5 97.0 154.0 150.3 164.3 86.8 146.3 103.3 156.2 97.0 154.7 151.3 164.4 86.6 146.9 103.2 157.7 97.5 157.0 152.9 168.8 75.6 147.7 104.0 159.2 98 4 156.7 153.1 167.0 92.5 149.4 105.8 160.6 98.2 155.2 151.7 165.1 111.8 150.2 107.2 161.8 98.0 154.4 150.9 164.4 126.6 151.2 107.2 162.6 97.4 154.7 151.7 163.3 135.9 152.6 108.1 164.8 97.5 155.0 152.5 162.0 143.2 153.6 108.6 165 8 97.2 155.3 152.7 162.8 147.9 154.5 107.1 158.0 99 2 147.6 111.6 163.4 99.4 146.4 104.0 149.8 96.8 144.0 105.5 154.3 98.8 146.2 106.3 157.2 99.4 148.0 108.8 159.8 99.2 146.9 107.8 161.0 99.6 149.3 109.1 162.7 100.6 149.1 110.8 163.0 99.7 147.0 113.4 163.5 99.0 144.1 113.1 164.6 98.6 145.5 114.2 167.1 98.9 146.4 115.2 168.3 98.7 146.1 IV 1 II III IV I II I II IV I II 32. P ercent ch an g e from preceding quarter and year in productivity, hourly com pensation, unit costs, and prices, seasonally adjusted at annual rate P e rc e n t c h a n g e fro m s a m e q u a r te r a y e a r a g o Q u a r t e r ly p e r c e n t c h a n g e a t a n n u a l r a te Business sector: Output per hour of all persons Compensation per hour Real compensation per hour............ Unit labor costs............................. Unit nonlabor payments Implicit price deflator..................... Nonfarm business sector: Output per hour of all persons......... Compensation per hour................... Real compensation per h our............ Unit labor costs............................. Unit nonlabor payments ................. Implicit price deflator...................... Nonfinancial corporations: Output per hour of all employees Compensation per hour................... Real compensation per h our............ Total units costs .......................... Unit labor costs ........................ Unit nonlabor costs ................... Unit profits .................................. Implicit price deflator..................... Manufacturing: Output per hour of all persons......... Compensation per hour................... Real compensation per hour............ Unit labor costs............................. 1Not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis IV 1 9 8 2 1 1983 II 1 9 8 3 III 1 9 8 2 IV 1 9 8 3 11984 11982 II 1 9 8 2 III 1 9 8 2 IV 1 9 8 2 11983 to to to to to to to to to to to to 1 1983 II 1 9 8 3 III 1 9 8 3 IV 1 9 8 3 1 1984 II 1 9 8 4 1 1983 II 1 9 8 3 III 1 9 8 3 IV 1 9 8 3 I 1984 II 1 9 8 4 2.1 4.4 41 22 10 2 46 59 22 -2.1 -3 5 14.5 1.9 2.8 2.0 -2.1 -0 8 9.5 2.5 1.4 6.1 16 4.6 3.1 4.1 4.0 6.2 1.2 2.1 7.0 3.7 4.0 1.9 -1.7 -2.0 12.9 2.7 1.2 5.8 2.1 4.5 1.3 3.5 3.3 4.6 1.3 1.3 5.5 2.6 3.4 3.3 0.7 -0.1 8.9 2.7 31 3.7 0.3 0.6 9.2 3.3 3.5 4.1 -0.4 0.6 8.4 3.0 3.1 4.0 -0.3 1.0 8.1 3.3 44 5.7 54 1.3 12.7 4.6 8.1 3.5 -0 8 -4.2 17.8 2.2 2.1 2.2 -1.9 0.1 8.4 2.7 1.0 4.1 -0.3 3.0 5.3 3.7 2.9 6.1 1.0 3.1 2.3 28 4.7 3.7 0.0 -0.9 9.7 2.5 1.8 6.0 2.4 4.1 2.7 3.7 4.3 5.4 2.0 1.1 6.5 2.8 3.9 4.1 1.5 0.2 9.2 3.0 3.9 3.9 0.6 0.0 10 9 3.3 3.5 4.0 -0.5 0.4 83 2.9 2.7 4.0 -0.3 1.3 6.4 2.9 32 39 3.5 -0.7 0.7 -4.1 124.6 4.7 7.5 35 -0 8 -3.9 -3.7 -4.5 112 8 23 53 31 -1.0 -2.0 -2.1 -1.7 64.8 2.8 -0.2 20 -2 4 0.8 2.1 -2.6 32 6 3.6 3.6 57 0.7 06 2.0 -3.2 23 4 2.7 1.7 2.3 -1.3 1.0 0.6 2.1 13.6 2.3 18 5.4 1.7 3.5 3.5 3.3 35 3.5 3.7 4.6 1.3 08 0.9 0.5 28 7 2.7 3.8 3.6 1.0 -0.2 -0.2 0.0 46 3 3.0 3.9 3.1 -0.2 -1.5 -0 8 -3.2 79.8 3.3 4.0 3.6 -0.9 -1.1 -0.4 -3.0 54 8 28 2.6 3.2 -1.0 0.1 0.7 -1 4 32.3 2.8 4.8 4.2 39 -0 5 6.4 0.6 -3.5 -5 5 9.7 1.3 -2.8 -7.7 -1.0 2.9 -1.5 3.9 3.7 6.2 1.1 2.3 3.6 2.9 -0.8 -0.7 3.4 5.5 1.8 2.0 4.3 3.6 0.3 -0.6 4.3 2.3 -0.3 -1.9 4.9 2.2 -1.0 -2.6 47 2.7 -1.7 '-1 .9 4.0 3.3 -1.0 r ~0 6 r II 1 9 8 3 revised. 97 WAGE AND COMPENSATION DATA D ata for the employment cost index are reported to the Bureau of Labor Statistics by a sample of 2,000 private nonfarm estab lishments and 750 State and local government units selected to represent total employment in those sectors. On average, each reporting unit provides wage and compensation information on five well-specified occupations. Data on negotiated wage and benefit changes are obtained from contracts on file at the Bureau, direct contact with the parties, and secondary sources. and im p le m en ted w ith in the first 12 m on ths after the e ffe c tiv e d ate o f the a g re em en t. Changes over the life o f the agreement refer to all ad ju stm en ts s p e c ifie d in the co n tra ct, ex p r e sse d as an a v era g e annual rate. T h e se m e a s ures e x c lu d e w a g e c h a n g e s that m ay o cc u r under c o s t-o f-liv in g ad justm en t c la u s e s , that are triggered by m o v e m e n ts in the C o n su m er Price Index. Wage-rate changes are ex p r e sse d as a p ercen t o f stra ig h t-tim e h ourly earn in gs; compensation changes are ex p re ssed as a percen t o f total w a g e s and b e n e fits. Effective wage adjustments re flect all n eg o tia ted c h a n g e s im p lem en ted in the refe ren ce p erio d , reg a rd less o f the settlem en t d a te. T h ey in clu d e c h a n g e s from s ettlem e n ts reach ed d urin g the p erio d , c h a n g e s d eferred from Definitions co n tra cts n eg o tia te d in an earlier p erio d , and c o s t-o f-liv in g a d ju stm en ts. T h e d ata a ls o reflect co n tra cts p ro v id in g for n o w a g e ad justm en t in the The Employment Cost Index (E C I) is a quarterly m easu re o f the a v era g e ch a n g e in the co s t o f e m p lo y in g labor. T h e rate o f total c o m p e n sa tio n , p erio d . E ffe c tiv e ad ju stm en ts and ea ch o f their co m p o n e n ts are prorated o v e r all w o rk ers in b argain in g u nits w ith at least 1,0 0 0 w ork ers. w h ich c o m p r ise s w a g e s , sa la ries, and e m p lo y e r c o s ts for e m p lo y e e b en e f it s , is c o lle c te d for w ork ers p erform in g s p e c ifie d task s. E m p lo y m en t in Notes on the data ea c h o cc u p a tio n is h eld con stan t o v e r tim e for all series p rod uced in the E C I, e x c e p t th o se by re g io n , b argain in g statu s, and area. A s a c o n s e q u e n c e , T h e E m p lo y m en t C o st Index data series b eg a n in the fourth quarter o f o n ly ch a n g e s in co m p e n sa tio n are m easu red . Industry and o ccu p a tio n a l 1 9 7 5 , w ith the quarterly percen t c h a n g e in w a g e s and sa la ries in the private e m p lo y m e n t data from the 1970 C en su s o f P op u lation are u sed in d eriv in g n onfarm secto r. D ata o n e m p lo y e r c o s ts for e m p lo y e e b en efits w ere in co n sta n t w e ig h ts for the E C I. W h ile h o ld in g total industry and o ccu p a tio n a l clu d e d in 1 9 8 0 , to p rod u ce a m easu re o f the percen t c h a n g e in e m p lo y e r s ’ e m p lo y m e n t fix e d , in the estim a tio n o f in d e x e s b y re g io n , b argain in g c o s t fo r e m p lo y e e s ’ total c o m p e n sa tio n . S tate and lo ca l g o v er n m en t units sta tu s, and area, the e m p lo y m e n t in th o se m easu res is a llo w e d to vary o v e r w ere ad ded to the ECI c o v e r a g e in 1 9 8 1 , p ro v id in g a m easu re o f total tim e in accord w ith c h a n g e s in the sa m p le. T h e rate o f c h a n g e (in p ercen t) co m p e n sa tio n c h a n g e in the c iv ilia n nonfarm e c o n o m y . is a v a ila b le for w a g e s and s a la ries, as w e ll as for total co m p e n sa tio n . D ata D ata fo r the broad w h ite -c o lla r , b lu e-co lla r, and s e r v ic e w ork er g ro u p s, are c o lle c te d for the pay p eriod in clu d in g the 12th d ay o f the su rv ey m on ths and the m a n u fa ctu rin g , n o n m a n u fa ctu rin g , and se r v ic e industry g ro u p s are o f M arch , Ju n e, S ep tem b er, and D e cem b er . T h e sta tistics are neith er a n p resen ted in the E C I. A d d itio n a l o cc u p a tio n and in d u stry d eta il are pro n u a lize d nor ad justed for s ea so n a l in flu en ce . v id ed fo r the w a g e s and sa la ries co m p o n en t o f total co m p e n sa tio n in the private n onfarm secto r. For S tate and lo c a l g o v er n m en t u n its, a d dition al Wages and salaries c o n s is t o f earn in gs b efo re p ayroll d ed u c tio n s, e x c lu d in g p rem iu m p ay for o v e r tim e , w ork on w e e k e n d s and h o lid a y s , and sh ift d iffer en tia ls. P rod u ction b o n u s e s , in ce n tiv e ea r n in g s, c o m m is s io n s , and c o s t-o f-liv in g ad ju stm en ts are in clu d ed ; n on p rod u ction b o n u se s are in d u stry d eta il is s h o w n fo r both total co m p en sa tio n and its w a g e s and sa la ries c o m p o n e n t. H isto rica l in d e x e s (June 1981 = 100) o f the quarterly rates o f c h a n g es p resen ted in the ECI are a ls o a v a ila b le. in clu d ed w ith oth er su p p lem en ta l pay item s in the b en efits ca teg o ry ; and p a y m e n ts-in -k in d , free room and board , and tip s are e x c lu d e d . Benefits in clu d e su p p le m e n ta l p a y , in su ran ce, retirem ent and s a v in g s p la n s, and h o u rs-related and le g a lly required b en efits. For a m ore d eta iled d is c u ss io n o f the E C I, se e ch ap ter 11, “ T h e E m p lo y m en t C o st I n d e x ,’’ o f the B L S Handbook of Methods (B u lle tin 2 1 3 4 — 1), and the Monthly Labor Review articles: “ E m p lo y m en t C o st Index: a m ea su re o f c h a n g e in the ‘p rice o f la b o r ,’ ” July 1 975; “ H o w b en efits w ill Data on negotiated wage changes ap p ly to private nonfarm industry c o lle c tiv e b argain in g a g reem en ts co v e r in g 1 ,0 0 0 w ork ers or m o re. D ata be in corporated in to the E m p lo y m en t C o st I n d e x ,” January 1978; and “ T h e E m p lo y m en t C o st Index: recen t trends and e x p a n s io n ,” M ay 1 9 8 2 . o n co m p e n s a tio n ch a n g e s ap p ly o n ly to th o se ag re em en ts co v e r in g 5 ,0 0 0 A d d itio n a l data fo r the ECI and oth er m ea su res o f w a g e and c o m p e n w o rk ers or m ore. First-year w a g e or co m p en sa tio n ch a n g e s refer to a v era g e sa tio n c h a n g e s ap pear in Current Wage Developments, a m o n th ly p u b li n eg o tia te d c h a n g e s for w ork ers c o v e red by s ettlem e n ts reach ed in the p eriod ca tio n o f the B u reau . 98 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 33. E m ploym ent C ost Index, by occupation and industry group [June 1981 = 100] P erc e n t change C i v il ia n w o r k e r s 1 Workers, by occupational group White-collar workers............................................................ Blue-collar workers ............................................................ Service workers ................................................................. Workers, by industry division Manufacturing ................................................................... Nonmanufacturing.............................................................. Services ........................................................................ Public administration2 ..................................................... P r iv a t e in d u s tr y w o r k e r s Workers, by occupational group White-collar workers ....................................................... Blue-collar workers ......................................................... Service workers.............................................................. Workers, by industry division Manufacturing................................................................. Nonmanufacturing............................................................ S t a t e a n d lo c a l g o v e r n m e n t w o r k e r s Workers, by occupational group White-collar workers ....................................................... Blue-collar workers ......................................................... Workers, by Industry division Services ........................................................................ Schools..................................................................... Elementary and secondary ......................................... Hospitals and other services3 ......................................... Public administration2 ..................................................... 1983 1982 S e r ie s June S e p t. D ec. M a rc h June 1984 S e p t. D ec. M a rc h June 3 m o n th s 1 2 m o n th s ended ended June 1984 107.5 110.1 111.4 113.2 114.5 116.5 117.8 119.8 120.8 0.8 5.5 107.7 107.1 108.3 110.7 109.2 110.8 111.9 110.5 112 4 113.7 112.3 114.3 114.9 113.6 115.1 117.6 114.8 116.7 118.9 115.8 119.1 120.9 117.7 122.0 122.1 118 6 122.1 1.0 8 .1 6.3 4.4 6.1 107.2 107.7 109.2 109 1 109 3 110.5 113.5 112.8 110.4 111.8 115.0 113.6 112.5 113.5 116.6 116.2 113.5 114.9 117.1 117 0 115.0 117.2 121.1 119.8 116 0 118 6 122.6 121.4 117.9 120.7 125.0 122 9 119.1 121.6 125.5 123.7 1.0 .7 .4 .7 4.9 5.8 7.2 5.7 107.2 109 3 110.7 112.6 113.9 115.6 117.0 119.0 120.1 .9 5.4 1.3 8 -.2 6.3 4.3 5.8 1.0 .9 4.9 5.7 107.2 107.0 107.9 109 5 109.0 109 6 110.8 110.3 111.8 112.8 112.1 113.8 114.2 113.5 114.6 116.5 114.6 115.1 117.9 115.7 117.9 119 9 117.5 121.5 121.4 118.4 121.2 107.2 107.1 109.3 109 3 110.4 110.8 112.5 112.6 113.5 114.2 115.0 116 0 116.0 117.5 117.9 119.6 119.1 120 7 109 3 114.3 115.1 116.5 117.1 120.8 122.0 123.9 124.4 .4 6.2 109.5 108.9 114.9 112.7 115.8 113.0 117.0 114,9 117.5 115.8 121.5 118.0 122.6 119.2 124.5 121.9 125 0 122 3 .4 3 6.4 5.6 109.4 109.1 109 5 110.3 109.1 114.9 114.8 115.6 115.3 112.8 115 9 115.8 116.6 116.0 113.6 116.8 116.6 117.2 117.5 116.2 117.4 116.9 117.4 118 8 117.0 121.7 121.9 123.3 121.1 119.8 122.6 122.6 123.9 122.6 121.4 124.5 124.5 125.4 124.4 122.9 125.0 124.7 125.7 125.7 123.7 .4 .2 .2 1.0 .7 6.5 6.7 7.1 5.8 5.7 'Excludes farm, household, and Federal workers. 2Consists of legislative, judicial, administrative, and regulatory activities. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3Includes, for example, library, social, and health services. 99 MONTHLY LABOR REVIEW November 1984 • Current Labor Statististics: Wage and Compensation Data 34. E m ploym ent C ost Index, w ages and salaries, by occupation and industry group [June 1981 = 100] P erc e n t ch an g e 1982 S e r ie s June S e p t. 1983 D ec. M a rc h June 1984 S e p t. D ec. M a rc h June 3 m o n th s 1 2 m o n th s ended ended June 1984 107.3 109.7 110.9 112.2 113.4 115.3 116.5 117.9 118.8 0.8 4.8 Workers, by occupational group White-collar workers............................................................ Blue-collar workers ............................................................ Service workers ................................................................. 107.6 106.7 107 9 110.4 108,6 110.1 111.4 109.8 111.8 113.0 110.8 113.2 114.2 112 0 113 9 116,7 113.1 115.1 117.9 114.0 .117.4 119.3 115.3 120 0 120 4 116.1 119.8 9 .7 -.2 5.4 3.7 5.2 Workers, by industry division Manufacturing ................................................................... Nonmanufacturing.............................................................. Services........................................................................ Public administration2 ..................................................... 107.0 107.5 109 5 108.4 108 8 110.1 113.2 111.9 109.8 111.3 114.4 112.6 111.0 112.7 115.8 114.6 112.0 114.0 116 3 115.4 113.3 116.1 120.1 118.2 114.5 117.4 121.3 119.4 115 7 118.9 123.3 120.4 116.8 119.7 123.8 121.3 1.0 .7 4 .7 4.3 5.0 6.4 5.1 C iv ilia n w o r k e r s 1 P r iv a t e in d u s tr y w o r k e r s Workers, by occupational group White-collar workers ....................................................... Professional and technical workers................................. Managers and administrators ......................................... Salesworkers.............................................................. Clerical workers............................................................ Blue-collar workers......................................................... Craft and kindred workers............................................. Operatives, except transport........................................... Transport equipment operatives...................................... Nonfarm laborers......................................................... Service workers.............................................................. Workers, by industry division Manufacturing................................................................. Durables...................................................................... Nondurables .............................................................. Nonmanufacturing............................................................ Construction .............................................................. Transportation and public utilities.................................... Wholesale and retail trade.............................................. Wholesale trade ....................................................... Retail trade.............................................................. Finance, insurance, and real estate................................. Services...................................................................... S ta te a n d lo c a l g o v e rn m e n t w o rk e rs Workers, by occupational group White-collar workers ....................................................... Blue-collar workers ......................................................... Workers, by industry division Services ........................................................................ SchoO'S..................................................................... Elementary and secondary ......................................... Hospitals and other services3 ......................................... Public administration2 ..................................................... 107.1 109.0 110 3 111.6 112.9 114.5 115.8 117.2 118.2 9 47 107.3 109 4 107.2 101.6 108.3 106.6 107 6 106 6 104.1 105.1 107.9 109.4 111.8 108.5 104.5 110.3 108.5 109 6 108.3 106.0 106.5 109.3 110.6 112.9 109.3 106.2 111.6 109.7 111.2 109.3 106.9 107.8 111.4 112.2 114.8 112.0 105.7 113.4 110.7 112 2 110,0 108.0 109.0 112.9 113.6 115 9 114.0 107.1 114.6 111.9 113.4 111.1 110.3 109.8 113.5 115.9 119.9 114.8 108.4 116.7 112.9 114.3 112.3 110.7 110.8 113.7 117.2 120.4 115.7 111.2 118.3 113.9 115.4 113.6 110.2 112.1 116 5 118.5 122.2 118.0 110 2 119.8 115.1 116.5 114.9 111.7 112.9 119.8 119.9 123.8 119 2 111.9 120.7 115.9 117.3 115.8 112.7 114,1 119.3 1.2 1.3 1.0 1.5 .8 .7 .7 .8 9 1.1 -.4 55 6.8 4.6 4.5 5.3 36 3.4 4.2 2.2 3.9 5.1 107.0 107.4 106.3 107.1 107.3 106 9 105.8 108 9 104.5 102 4 110 0 108.8 109.0 108.5 109.1 109.1 109.5 106.5 109.0 105.5 106.1 112.5 109.8 110.3 109.1 110.5 109.7 111.1 107.2 109 8 106.1 109 0 114.3 111.0 111.1 110 9 112.0 110.4 112 9 108.5 111.8 107.2 110.6 116.0 112.0 111.8 112.3 113.4 112.1 114.7 110.8 114.1 109.4 111.1 116.6 113.3 112.9 113.9 1152 112.2 115.7 111.5 115.7 109.9 113.5 120.4 114.5 114.4 114.6 116.5 112.9 116.8 112.3 116.5 110 6 116 9 121.9 115.7 115.7 115.8 118.0 113.3 118.5 114.3 118.2 112.8 116.1 124.2 116.8 ' 116.6 117.1 119.0 114.0 119.3 116.0 120.0 114.4 116.9 124.7 1.0 .8 11 8 .6 .7 1.5 1.5 1.4 .7 .4 4.3 4.3 4.3 4.9 1.7 4.0 4.7 5.2 4.6 52 6.9 108.7 113.5 114.0 115.1 115.7 119.2 120 0 121.6 122.0 3 5.4 108.9 107.9 114.2 111.5 114.6 112.0 115.6 113.3 116.1 114.3 119.8 116.4 120.6 116.9 122.2 119.1 122.5 119.6 .2 .4 5.5 4.6 108 8 108.5 108.8 109.5 108.4 114.2 114.2 114.9 114.3 111.9 114,6 114.5 115.1 114.9 112.6 115.5 115.2 115.6 116.5 114.6 115 9 115.4 115.8 117.7 115.4 119.8 119.9 121.1 119.7 118.2 120.6 120.6 121.7 120.6 119.4 122.2 122.2 122.9 121.9 120.4 122 5 122.3 123.0 123.1 121.3 .2 .1 .1 1.0 .7 5.7 6.0 6.2 4.6 5.1 'Excludes farm, household, and Federal workers. Consists of legislative, judicial, administrative, and regulatory activities. 100 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3lncludes. for example, library, social, and health services. 35. E m ploym ent C ost Index, private industry w orkers, by bargaining status, region, and area size [June 1981 = 100] P e rc e n t c h a n g e 1982 S e r ie s 1984 1983 3 m o n th s 1 2 m o n th s ended ended June S e p t. D ec. M a rc h June S e p t. D ec. M a rc h June Workers, by bargaining status1 Union .................................................................................. Manufacturing ................................................................... Nonmanufacturing.............................................................. 108.4 108.0 108.7 110.6 110.3 111.0 112.3 111.8 112.8 114.5 114.0 114.9 116.0 114.8 117.1 117.8 116.3 119.2 118.8 117.2 120.4 120.6 119.3 121.9 121.7 120.5 122.8 0.9 1.0 .7 4.9 5.0 4.9 Nonunion ............................................................................. Manufacturing ................................................................... Nonmanufacturing.............................................................. 106 5 106.6 106.4 108.5 108.4 108.6 109.7 109.2 109 9 111.5 111.2 111.6 112.8 112.3 113.0 114.4 113.8 114.7 115.9 114.9 116.4 118.0 116.6 118.6 119.2 117.9 119.8 1.0 1.1 1.0 5.7 5.0 6.0 111.7 110.6 108.6 112.9 112.6 112.5 110 9 115.4 114.3 113.5 112.5 116.6 116.0 115.6 113.9 118.0 117.5 117.1 114.7 120.0 118.9 119.7 117.2 121.0 120.7 120.7 117.9 122.2 1.5 8 6 1.0 5.6 6.3 4.8 4.8 June 1984 C O M P E N S A T IO N Workers, by region1 Workers, by area size1 Metropolitan areas ................................................................. Other areas .......................................................................... 107.2 107.0 109.4 108.6 110.9 109.1 112.9 110.8 114.2 112.3 116.0 113.4 117.4 114.5 119.4 116.7 120.6 117.4 1.0 .6 5.6 4.5 Workers, by bargaining status1 Union .................................................................................. Manufacturing ................................................................... Nonmanufacturing.............................................................. 108.1 107.3 108.8 110.3 109.5 111.1 111.8 110.8 112.7 112.9 111.4 114.3 114.2 112.3 116.0 116.0 113.7 118.3 116.9 114.8 118.9 118.1 116.1 120.1 119.0 117.1 120.7 .8 .9 .5 4.2 4.3 4.1 Nonunion ............................................................................. Manufacturing ................................................................... Nonmanufacturing.............................................................. 106.5 106.7 106.4 108.3 108.2 108.3 109.5 109.1 109.6 110.9 110.7 111.0 112.2 111.8 112.4 113.7 113.0 114.0 115.2 114.2 115.6 116.7 115.4 117.2 117.8 116.5 118.3 .9 1.0 .9 5.0 4.2 5.2 Workers, by region1 Northeast ............................................................................. South .................................................................................. North Centra: ........................................................................ West.................................................................................... 106.7 107.4 106.1 108.6 109 7 108.8 107.6 110.7 111.5 109.8 108.6 112.0 112.0 111.4 110.1 114.1 113.6 112.5 111.5 114.9 115.3 114.3 112.8 116.5 116.6 115.7 113.6 118.5 117.4 117.9 115.5 118.8 118.9 119.0 116.0 119.6 1.3 .9 .4 .7 4.7 5.8 4.0 4.1 Workers by area size1 Metropolitan areas ................................................................. Other areas .......................................................................... 107.1 106.8 109.1 108.3 110.5 108.8 111.9 110.1 113.2 111.4 114.9 112.3 116.2 113.4 117.6 115.1 118.6 116.0 .9 .8 '4.8 4.1 W A G E S A N D S A L A R IE S 1The indexes are calculated differently from those for the occupation and industry groups. For a detailed description of the index calculation, see BLS Handbook of Methods, Bulletin 1910 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 101 MONTHLY LABOR REVIEW November 1984 • Current Labor Statististics: Wage and Compensation Data 36. W age and com pensation change, m ajor co llective bargaining settlem ents, 1979 to date [In percent] Q u a r t e r ly a v e r a g e M e a s u re 1982 1979 1980 1982 1981 1983 1983 II I II IV 1 1984P II III IV I II Total compensation changes, covering 5,000 workers or more, all industries: 9.0 6.6 10 4 7.1 10.2 8.3 3.2 2.8 3.4 3.0 2.6 2.1 6.2 4.7 3.3 4.8 -1.6 1.4 4.4 3.6 5.0 4.3 4.9 3.1 5.1 4.7 3.5 3.2 First year of contract ................. Annual rate over life of contract. . . 7.4 6.0 9.5 7.1 9.8 7.9 3.8 3.6 2.6 2.8 3.4 3.2 5.4 4.5 3.8 4.8 -1.2 2.2 2.7 2.8 3.7 3.6 4.2 2.8 2.9 3.2 2.6 2.7 Manufacturing: First year of contract ................. Annual rate over life of contract. . . 6.9 5.4 7.4 5.4 7.2 6.1 2.8 2.6 0.4 2.1 1.8 1.7 5.1 39 4.1 4.5 -3.4 .9 1.3 1.7 3.4 3.5 2.9 3.1 2.5 2.5 2.2 2.2 Nonmanufacturing (excluding construction): First year of contract ................. Annual rate over life of contract. . . 7.6 6.2 9.5 6.6 9.8 7.3 4.3 4.1 5.0 3.7 6.6 6.1 5.5 4.8 3.6 5.2 3.3 5.3 5.9 5.2 5.8 4.3 4.8 2.7 4.4 4.8 4.3 4.2 Construction: First year of contract ................. Annual rate over life of contract. . . 8.8 8.3 13.6 11.5 13.5 11.3 6.5 6.3 1.5 2.4 6.2 6.3 6.3 5.9 3.4 2.9 .7 2.4 1.7 2.1 1.5 2.9 1.1 2.6 -3.5 -2.8 1.0 1.4 First year of contract ................. Annual rate over life of contract. . . Wage rate changes covering at least 1,000 workers, all Industries: p = preliminary. 37. Effective w age adjustm ents in collective bargaining units covering 1,000 w orkers or m ore, 1979 to date Y e a r a n d q u a rte r Year M e a s u re 1982 1979 1980 1981 1982 1983 II III 1983 IV 1 II 1984P I II IV I II Average percent adjustment (including no change): All Industries......................................................... Manufacturing .................................................. Nonmanufacturing ............................................. 9.1 9.6 8.8 9.9 10.2 9.7 9.5 9.4 9.5 6.8 5.2 7.9 4.0 2.7 4.8 2.0 1.0 2.7 2.4 1.7 2.9 1.3 1.5 1.2 0.3 -.5 .9 1.3 1.1 1.5 1.2 1.2 1.2 1.1 .9 1.2 0.9 1.2 .7 1.0 1.0 .9 From settlements reached in period .......................... Deferred from settlements reached in earlier period . . . . From cost-of-living clauses...................................... 3.0 3.0 3.1 3.6 3.5 2.8 2.5 3.8 3.2 1.7 3.6 1.4 .8 2.5 .6 .4 1.4 .2 .5 1.3 .6 .6 .4 .3 -.2 .4 .1 .3 1.0 .1 .2 .8 .2 .6 .3 .2 .1 .4 .4 .1 .7 .2 — — 8,648 7,852 6,530 3,423 3,760 3,441 2,875 3,061 3,025 2,887 2,855 2,656 — — 2,270 1,907 2,327 511 620 825 448 561 599 996 293 343 — — — — 6,267 4,593 4,846 3,830 3.260 2,327 1,594 1,568 2,400 2,251 860 1,970 812 1,938 1,405 1,299 1,317 1,218 669 1,290 990 1,616 1,175 1,301 — — 145 483 1,187 4,912 4,575 4,895 4,842 4,656 4,693 4,830 4,668 4,867 Total number of workers receiving wage change (in thousands)1 .................................................. From settlements reached in period ......................................................... Deferred from settlements reached in earlier period...................................... From cost-of-living clauses...................................... Number of workers receiving no adiustments (in thousands) .................................................. 1The total number of workers who received adiustments does not equal the sum of workers that received each type of adjustment, because some workers received more than one type of adjustment during the period. 102 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis p = preliminary. WORK STOPPAGE DATA o r k s t o p p a g e s include all known strikes or lockouts involving 1,000 workers or more and lasting a full shift or longer. Data are based largely on newspaper accounts and 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. W 38. Estimates of days idle as a percent of estimated working time measure only the impact of larger strikes (1,000 workers or more). Formerly, these estimates measured the impact of strikes involving 6 workers or more; that is, the impact of virtually all strikes. Due to budget stringencies, collection of data on strikes involving fewer than 1,000 workers was discontinued with the December 1981 data. W ork sto p p ag es involving 1,000 w orkers or m ore, 1947 to date N u m b e r o t s to p p a g e s M o n th a n d y e a r W o r k e r s in v o lv e d B e g in n in g in In e ffe c t m o n th o r y e a r d u r in g m o n th D a y s id le B e g in n in g in In e f fe c t m o n th o r y e a r d u r in g m o n th ( in t h o u s a n d s ) ( in th o u s a n d s ) N um ber ( in th o u s a n d s ) P e rc e n t of e s t im a t e d w o r k in g t im e 1947 ............................................................................... 1948 1949 ............................................................................... ..................... 1950 270 245 262 424 1,629 1,435 2,537 1,698 25,720 26,127 43,420 30,390 .22 .38 .26 1951 ............................................................................. 1952 ........................................................................ 1953 ............................................................................... 1954 ..................................................... 1955 415 470 437 265 363 1,462 2,746 1,623 1,075 2,055 15,070 48,820 18,130 16,630 21,180 .12 .38 .14 .13 16 ............................................. .............................................................. .............. ................................................................. ................................................................... 287 279 332 245 222 1,370 887 1,587 1,381 896 26,840 10,340 17,900 60,850 13,260 .20 .07 .13 .43 .09 1961 ............................................................................. 1962 ............................................................................... 1963 ...................................................................... 1964 ............................... 1965 .......................... 195 211 181 246 268 1,031 793 512 1,183 999 10,140 11,760 10,020 16,220 15,140 .07 .08 .07 .11 .10 1966 1967 1968 1969 1970 ....................................................... 321 381 392 412 381 1,300 2,192 1,855 1,576 2,468 16,000 31,320 35,567 29,397 52,761 .10 .18 .20 .16 .29 1971 1972 1973 ............................................................................... 1974 .......................................................... 1975 ............................................................ 298 250 317 424 235 2,516 975 1,400 1,796 965 35,538 16,764 16,260 31,809 17,563 .19 .09 .08 .16 .09 1976 1977 1978 1979 1980 ...................................................................... .................................................. ...................................................................... 231 298 219 235 187 1,519 1,212 1,006 1,021 795 23,962 21,258 23,774 20,409 20,844 .12 .10 .11 .09 .09 1981 1982 1983 ....................................................... .......................................................... 145 96 81 729 656 909 16,908 9,061 17,461 .07 .04 .08 1983 January .......................................................... February.......................................................... March............................................................ Apri .............................................................. May .............................................................. June.............................................................. July .............................................................. August............................................................ September....................................................... 1 5 5 2 12 16 10 7 7 3 7 10 9 17 25 23 19 19 1.6 14.0 10.5 2.8 24.9 63.3 64.5 615.8 20.8 38.0 50.4 54.9 52.4 34.2 81.2 99.8 669.7 49.5 794.8 844.4 1,131.5 789.5 488.5 689.1 1,270.1 8,673.2 567.1 .04 .05 .05 .04 .03 .03 .07 .41 .03 1984P January .......................................................... February .......................................................... March............................................................ A p ril.............................................................. May .............................................................. June.............................................................. July .............................................................. August............................................................ September....................................................... 6 2 2 7 5 5 r8 5 8 12 12 9 13 15 14 r 20 19 17 28.9 8.7 3.0 28.5 8.1 23.7 r68.4 24.0 102.9 43.0 37.2 14.6 38.1 39.2 45.7 r104.1 103.4 119.7 507.3 365.5 284.2 651.0 581.2 754.8 r1,221.7 1,633.3 736.4 .03 .02 .01 .03 .03 .04 .06 .07 .04 1956 1957 1958 1959 I960 ............................................................ .................................................. .................................................. ...................................................................... p = preliminary. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis r = revised. 103 Published by BLS in September S A LE S P U B L IC A T IO N S BLS Bulletins Business, Managerial, and Legal O ccupations. Bulletin 2205-2, 25 p p ., $1.50 (GPO Stock N o . 029-001-02769-9). Engineering and Related O ccupations. Bulletin 2205-3, 15 p ., $1 (GPO Stock N o . 029-001-02770-2). C om p uter and M ath em atics-R elated O ccu p ation s. 2205-4, 16 p p ., $1 (GPO Stock N o. 029-001-02771-1). B u lletin Physical and Life Scientists. Bulletin 2205-5, 11 p p ., $1 (gpo Stock N o. 029-001-02772-9). E ducation, Social Service, and Related O ccupations. Bulletin 2205-6, 28 p p ., $1.50 (gpo Stock N o. 029-001-02773-7). M edical and Dental Practitioners and Assistants. Bulletin 2205-7, 17 pp., $1.25 (gpo Stock N o. 029-001-02774-5). Dietetics, Nursing, Pharm acy, and Therapy O ccupations. Bulletin 2205-8, 15 p p ., $1 (gpo Stock N o. 029-001-02775-3). Health Technologists and Technicians. Bulletin 2205-9, 16 pp., $1.25 (GPO Stock N o . 029-001-02776-1). C om m unications, Design, Perform ing Arts, and Related O c cupations. Bulletin 2205-10, 23 p p ., $1.50 (gpo Stock N o. 029-001-02777-0). Sales O ccupations. Bulletin 2205-11, 15 pp., $1 (gpo Stock N o. 029-001-02778-8). > Clerical and Other Adm inistrative Support O ccupations. Bulletin 2205-12, 22 p p ., $1.50 (gpo Stock N o. 029-001-02779-6). Protective Service O ccupations and Inspectors. Bulletin 2205-13, 11 p p ., $1 (gpo Stock N o. 029-001-02780-0). Service O ccupations: F ood, Cleaning, H ealth, and Personal. Bulletin 2205-14, 14 pp. $1.25 (gpo Stock N o. 029-001-02781-8). M echanics, Equipment Installers, and Repairers. Bulletin 2205-15, 25 p p ., $1.50 (gpo Stock N o. 029-001-02782-6). Small Business O ccupations. Bulletin 2205-16, 11 p p ., $1 (gpo Stock N o . 029-001-02783-4). C onstruction O ccupations. Bulletin 2205-17, 27 p p ., $1.50 (gpo Stock N o . 029-001-02784-2). M etalworking O ccupations. Bulletin 2205-18, 12 pp., $1 (gpo Stock N o. 029-001-02785-1). Production O ccupations. Bulletin 2205-19, 21 pp. $1.25 (gpo Stock N o . 029-001-02786-9). Transportation and M aterial M oving O ccupations. Bulletin 2205-20, 13 p p ., $1 (gpo Stock N o. 029-001-02787-7). C om plete set o f 20 reprints $9 (gpo Stock N o. 029-001-02767-2). Supplem ent to Em ploym ent, H ours, and Earnings, States and Areas, Data for 1980-83. Bulletin 1370-18, 339 p p ., $9.50 (gpo Stock N o. 092-001-02822-9). The 19th reference volum e group ing together establishm ent data on em ploym ent, hours, and earnings for States and areas. The data supersede those publish ed for recent years in Em ploym ent, H ours, and Earnings, States and Areas, 1939-82 (Bulletin 1370-17). Em ploym ent data relate to the nonfarm sector o f the econom y and exclude the Armed Forces, proprietors, the self em ployed, dom estic workers in https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis private hom es, and unpaid family workers. H ours and earnings for m anufacturing and m ining relate to production workers; for construction, to construction workers; and for the remaining nonagricultural com ponents, to nonsupervisory workers. This is the first reference volume to contain employment data for Fitch burg— Leominster, and P ittsfield, Massachusetts; Glens Falls, and Newburgh— M iddletow n, New York; Johnson City— K ingsport— Bristol, Tennessee; Charlottesville, and Danville, Virginia; and Sheboygan, and W ausau, W isconsin. Industry W a g e Surveys These studies include results from the latest bls survey o f wages and supplem ental benefits, with detailed occupational data for the N ation, regions, and selected areas (where available). Data are useful for wage and salary adm inistration, union contract negotiation, a r b itr a tio n , and G overnment policy considerations. A uto Dealer Repair Shops, Novem ber 1982. Bulletin 2198, 43 p p ., $2.25 (gpo Stock N o. 029-001-02821-1). Grain Mill Products, September 1982. Bulletin 2207, 64 pp., $3 (gpo Stock N o. 029-001-02823-7). P eriodicals CPI Detailed Report. July issue provides a comprehensive report on price m ovem ents for the m onth, an analysis o f the d if ferences between two major measures o f price change for con sum ption goods and services: the Consumer Price Index (cpi -u ) and the Implicit Price Deflator for Personal Consum ption Ex penditures (pce ), plus statistical tables, charts, and technical notes. 77 p p ., $4 ($25 per year). Current W age Developm ents. July issue includes selected wage and benefit changes; work stoppages historically through June; m ajor agreements expiring in August; and statistics on com pensation changes. 61 pp. August issue includes selected wage and benefit changes; work stoppages historically through July; m ajor agreements expiring in September; m ajor collective bargaining settlements in private industry during the first 6 months o f 1984, plus statistics on com pensation changes. 61 pp. $2 each ($21 per year). Em ploym ent and Earnings. September issue covers em ploym ent and unem ploym ent developm ents in August, plus regular statistical tables on national, State, and area em ploym ent, unem ploym ent, hours, and earnings. 142 pp., $4.50 ($31 per year). Producer Prices and Price Indexes. July issues include a com prehensive report on price m ovem ents for the m onth, an ex planation o f additional data from the Producer Price Index revision, plus regular tables and technical notes. 163 p p ., $4.25 ($29 per year). To order: Sales pu b lica tio n s— Order from bls regional offices (see inside front cover), or the Superintendent o f D ocum ents, U .S . G overn ment Printing O ffice, W ashington, D .C . 20402. Order by title and gpo stock number. Subscriptions available only from the account number or checks can be made payable to the Superintendent o f D ocum ents. Visa and MasterCard are also accepted. Include card number and expiration date. 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