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JJJJ ■ Gr and ■ lnit ■ u. economy ■ Productivity under ■ Benefit replacement rates https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ~ U.S. Department of Labor Elaine L. Chao, Secretary Bureau of Labor Statistics Kathleen P. Utgoff, Commissioner The Monthly Labor Review (USPS 987-800) is published monthly by the Bureau of Labor Statistics of the U.S. Department of Labor. 'fhe Review welcomes articles on the labor force , labor-management re lations , busine ss conditions , industry productivity , com pe nsation. occupational safety and health, demographic trends. and other economic developments. Papers should be factual and anal ytical , nor polemical in tone. Potential articles, as well as communications on editorial mallers. should be submi11ed to: Editor-in-Chief Monthly Labor Re1•iew Bureau of Labor Statistics Washington, oc 202 I 2 Telephone: (202) 691 -5900 Fax: (202) 691-5899 E-mail: mlr@bls.gov Inquiries on subscriptions and circulation, including address changes, should be sent 10: Superintendent of Documents, Government Printing Office . Wa shington , DC 20402. Telephone: (202) 512- 1800. Subscription price per year-$49 domestic; $68.60 foreign. Single copy-$15 domestic; $21 foreign. Make checks payable to the Superintendent of Documents. Subscription prices and distribution policies for the Monthly Labor Re vie u· (ISSN 0098-18 I 8) and other government publications are set by the Government Printing Office , an agency of the U.S. Congress. The Secretary of Labor has determined that the publication of this periodical is nece£sary in the transaction of the public busi , .. · , . : :quired by law of this Department. Periodicals postage paid at Washington, oc, and at additional mailing addresses. Un less stated otherwise, articles appeari ng in this publication are in the public domain and may be reprinted without express permi ssion from the Editor-in-Chief. Please cite the specific issue of the Monthly Labor Review as the source. Information is avai lable 10 sensory impaired individuals upon request: Voice phone: (202) 691 - 5200 Federal Relay Service: 1-800-877-8339. Send address changes 10 Monthly Labor POSTMASTER: Review. U.S. Government Printing Office. Washington, oc 20402-0001. Cover designed by Bruce Boyd https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MONTHLY LABOR REVIEW _ _ _ _ __ _ __ Volume 127, Number 11 November 2004 Annual measures of gross job gains and gross job losses 3 These statistics reveal the churning that underlies net growth of employment among establishments Joshua C. Pinkston and James R. Spletzer Initial data from the Job Openings and Labor Turnover Survey 14 New data series show trends that are in line with other surveys, and allow a more complete picture of the labor market Kelly A. Clark The U.S. ocean and coastal economy 24 The BLS Quarterly Census of Employment and Wages data provide new industrial and geographic views of this economy Charles S. Colgan Industry productivity trends under NAICS 31 NA ICS-based productivity measures show strong overall productivity growth during the 1990s and again after 2001 Matthew Russell, Paul Takac , and Lisa Usher Federal statistics on healthcare benefits and cost trends 43 Federal Government statistical agencies provide a variety of information on diverse aspects of the Nation's healthcare picture John E. Buckley and Robert W. Van Giezen Measuring defined benefit replacement rates with PenSync 57 Synthetic pension data created with regression and statistical matching procedures evaluate the effectiveness of defined pensions in meeting the income needs of retirees Jam es H. Moore, Jr. Departments Labor month in review Precis Publications received Current labor statistics Editor-in-Chief: William Park s • Executive Editor: Richard M. Devens • Bake r, Kri sty S. Chri stianse n, Ric hard Hamilt on, Les li e Brown Joyner • Catherine D. Bow man, Edith W. Peters https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 69 70 73 Managing Editor: Anna Huffman Hill • Editors: Brian I. Boo k Rev iews: Ri chard Hamilton • Des ign a nd Layout: • t"tt~.;~ Labor In Month Review ; "i:/&t~· _ < The November Review Thomas Edison is credited with saying, "Genius is one percent inspiration and ninety-nine percent perspiration." However true that may be of genius, it is entirely accurate in the field of economic statistics. As Joshua C. Pinkston and James R. Spletzer point out, there is nothing easy about creating annual measures of gross gains and losses in employment from the quarterly statistics that the Bureau of Labor Statistics collects; the only secret is to sweat the details. In the end, however, there is a clear increase in economic understanding: "The annual statistics show job gains and losses over a year. The sum of quarterly numbers looks at gains and losses during a year." Each of these is the answer to a different analytical question. The Job Openings and Labor Turnover Survey (JOLTS) was introduced to readers of this Review in our December 2001 issue. Kelly A. Clark, a co-author of that piece, now shares some of the early findings of that program. The basic trends in the data are consistent with the results of other surveys, but provide new insight into the detailed working of the labor market. Charles S. Colgan uses data from the Quarterly Census of Employment and Wages to describe the "ocean economy"-as defined by sectors and industries that use ocean resources as inputs-and the "coastal economy"-as defined strictly by proximity to the oceans or Great Lakes. Matthew Russell, Paul Takac, and Lisa Usher provide the latest chapter in the adoption of the North American Industry Classification System (NAICS). The industry productivity data they work with provide a detailed look at trends in output per hour of labor. John E. Buckley and Robert W. Van Giezen survey the availability of Federal Government statistics on healthcare benefits and the cost of those benefits. Their notes provide a very large num2 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November ~ - ber of very valuable links to more detailed information. Social Security Administration economist James H. Moore, Jr., contributes a report based on a synthetic pension data set created by regression and data matching techniques. One of the calculations uses BLS data on pension plans to estimate the income replacement rate for retirees. Occupations and poverty The chance of being among the working poor varies widely by occupation. Workers in occupations requiring higher education and characterized by high earnings, such as managers and professionals, were least likely to be classified as working poor in 2002. Only 2 percent of workers in these occupations who had been in the labor force more than half the year were among the working poor. On the other hand, persons employed in jobs that usually do not require high levels of education and that are characterized by low earnings were more likely to be among the working poor. For example, 10.3 percent of service workers were classified as working poor in 2002. Service occupations, with 2.2 million working poor, accounted for 29 .3 percent of all those classified as the working poor. These data are from the 2003 Annual Social and Economic Supplement to the Current Population Survey. For more information, see A Profile of the Working Poor, 2002, BLS Report 976. Comparing factory productivity and costs Korea registered the largest gain in manufacturing productivity in 2003 (9 percent). The increase in U.S. manufacturing output per hour in 2003 was the second highest (6.8 percent). Manufacturing productivity also increased in all the compared economies, except for Italy. 2004 As in 2002, U.S. productivity growth in manufacturing in 2003 was substantially above its average growth rate since 1979. Seven of the other economies for which comparisons are available also had 2003 productivity growth that exceeded their annual average from 1979 through 2003. Among the economies for which 2003 unit cost data are available, manufacturing unit labor costs fell in U.S. dollar terms only in Taiwan. In the United States, unit labor costs in manufacturing rose 1.6 percent in 2003. Unit labor costs are defined as the cost of labor input required to produce one unit of output. They are computed as nominal labor compensation divided by real output. There were double-digit increases in unit labor costs (on a U.S. dollar basis) in 8 of the 13 economies studied. The widespread increases in unit labor costs in U.S. dollar terms are explained by the depreciation of the dollar, particularly with respect to the euro and other European currencies. The U.S. dollar depreciated against the currencies of all the economies, but the depreciation was slight versus the Taiwan dollar. For more information, see news release, "International Comparisons of Manufacturing Productivity and Unit Labor Cost Trends, 2003," USDL 04-1945. Women's earnings Between 1979 and 2003, the earnings gap between women and men narrowed for most age groups. Overall, the women-to-men earnings ratio was 80 percent in 2003, up from 63 percent in 1979. The ratio of women-to-men earnings among 16- to 24year-o lds was 93.3 percent in 2003, compared with 78 .5 percent in 1979; that for 25- to 34-year-olds was 87 percent in 2003, compared with 67.4percent in 1979. Among 35- to 44-year-olds, women earned 76.2 percent as much as men in 2003 and 58.3 percent in 1979, while among 45to 54-year-olds, women earned 73 percent as much as men in 2003 and 56.9 percent as much in 1979. For more information, see Highlights of Women 's Earnings in 2003, BLS Report 978. □ Job Gains and Losses ,·»w-·~<':"-· ,;,W,@"i Annual measures of gross job gains and gross job losses As a complement to the quarterly gross job flow statistics, annual gross job gains and losses statistics reveal the tremendous amount of churning that underlies the net growth of employment Joshua C. Pinkston and James R. Spletzer Joshua C. Pinkston is a research economist and James R. Spletzer is a senior research economist in the Office of Employment and Unemployment Statistics, Bureau of Labor Statistics. E-mail: Pinkston.Josh@bls.gov and Spletzer.Jim@bls.gov. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis T he new Business Employment Dynamics data series from the Bureau of Labor Statistics documents the quarterly gross job gains and losses from 1992 to the present. These data quantify the sizable number of jobs that appear and disappear in the U.S. economy each quarter, adding a new level of understanding that traditional employment statistics cannot provide. For example, these data show that the 2001 recession was characterized by a temporary spike in gross job losses accompanied by a decline in gross job gains that has yet to return to pre-recessionary levels.' This article builds on the quarterly Business Employment Dynamics statistics by presenting annual tabulations of gross job gains and losses. These annual statistics provide information about labor market dynamics in two ways. First, in comparison to the quarterly statistics, the annual statistics highlight the transitory nature of short-run establishment level employment changes. Many quarterly expansions and contractions are temporary, and reverse themse Ives in other quarters during the year. Furthermore, this article finds that a significant number of establishment openings in the quarterly statistics are continuous establishments that close and re-open during the year. Second, the annual statistics provide a framework for a longer run view of how establishments grow and decline, and thus set the stage for understanding business survival. Particularly, this article explains how establishment openings and closings contribute to employment growth in both the short run and in the longer run. This article also highlights the importance of understanding the difference between the annual statistics presented in this article versus "annualized" statistics created by summing four quarterly statistics. Although this latter methodology is standard for creating and analyzing net employment growth statistics over different frequencies, the sum of four quarterly gross job flow statistics is not the same as annual gross job flow statistics. These two approaches measure different concepts. The annual gross job flow statistics examine the number of jobs gained and the number of jobs lost over the year. The sum of four quarterly gross job flow statistics examine the number of jobs gained and the number of jobs lost during the year. Whereas the annual tabulations always have a clear interpretation, this analysis shows that the sum of four quarterly statistics (or the sum of 12 monthly statistics) can sometimes produce results that are difficult to interpret. The article begins by describing the construction of annual statistics from the Business Employment Dynamics quarterly microdata. The algorithm for creating the annual statistics is more complicated than a simple comparison of two points in time that are I year apart. The article then presents the annual gross job gains and gross job loss statistics. The Monthly Labor Review November 2004 3 Job Gains and Losses analysis focuses on a comparison of how the annual statistics relate to the quarterly statistics, and the value added of the annual statistics relative to the quarterly statistics. The article concludes with a discussion of how annual gross job gains and losses statistics provide a crosswalk between the new BLS qua terly statistics and the annual statistics in much of the existing gross job flows literature. Sources, definitions, and the algorithm The quarterly BLS Business Employment Dynamics data series is constructed from microdata originating from the Quarterly Census of Employment and Wages (QCEW), also known as the ES-202 program. All employers subject to State unemployment insurance laws are required to submit quarterly contribution reports detailing their monthly employment and quarterly wages to the State Employment Security Agencies. After the microdata are edited and, if necessary, corrected by the State Labor Market Information staff, the States submit these data and other business identification information to the Bureau of Labor Statistics as part of the Federal -State cooperative QCEW program. The data gathered in the QCEW program are a comprehensive and accurate source of employment and wages, and provide a virtual census (98 percent) of employees on nonfarm payrolls. The quarterly gross job gains and gross job loss statistics created in the BLS Business Employment Dynamics program are tabulated by linking establishments across quarters, and establishments are then classified as opening, expanding, contracting, closing, or not changing their employment level. The accuracy of the Business Employment Dynamics statistics depends on the quality of the establishment level microdata being reported to the States. Gross job gains are the sum of all en1ployment increases at either opening or expanding establishments; gross job losses are the sum of all employment losses at either closing or contracting establishments. The familiar net change in employment is the difference between the gross jobs gained and the gross jobs lost. 2 The quarterly Business Employment Dynamics microdata provide the foundation for tabulations of annual gross job gains and losses statistics. Creating the annual statistics is more complicated than comparing two quarters of microdata that are 1 year apart. The difficulties come from trying to follow a specific establishment across several quarters, esvcu~lly through periods of ownership changes, restructurings, or changes in how multi-establishment firms report their unemployment insurance data to the States. The annual statistics presented in this article are based on an extension of the existing longitudinal linkage algorithm developed by BLS for the quarterly gross job gains and losses data series. 4 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 As part of the existing process of linking establishments across consecutive quarters in the Business Employment Dynamics program, BLS and the States identify what are termed breakouts and consolidations. The term "breakout" refers to a single establishment splitting into multiple establishments, and the term "consolidation" refers to multiple establishments merging into a single establishment. Breakouts and consolidations may be actual economic events representing business expansions and contractions, or merely administrative reporting changes due to how an employer with multiple establishments within a State reports its data. Although BLS and the States continuously work with employers to obtain data at the establishment level, some employers with multiple establishments within a State report their total employment and wages in a consolidated manner. Occasionally, an employer reporting consolidated data will disaggregate its data to the worksite level (or, much less frequently, vice-versa). Establishments involved in breakouts and consolidations need to be treated with care when constructing gross job gains and losses statistics. For example, an employer with multiple establishments in the State that disaggregates its data from a statewide level to a worksite reporting level would initially appear in the microdata to be a closing of an existing large establishment and the opening of several new small establishments. The record linkage system used in the Business Employment Dynamics program strives to identify the relationships between the establishments that are involved in all one-to-many breakouts and many-to-one consolidations. These establishments can then be treated as continuous, rather than as openings and closings, when constructing the quarterly gross job gains and losses statistics. 3 Breakouts and consolidations· cause additional difficulties when users attempt to create annual gross job gains and losses statistics. For example, if one wanted to accurately track establishments from March of one year to March of the following year, information on breakouts and consolidations from all quarters within the year needs to be taken into account in order to understand business survival and thus avoid spuriously defining openings and closings. The annual gross job gains and losses statistics reported in this article are based upon an algorithm that takes into account information on breakouts and consolidations from all quarters within the year. Previous research shows that an algorithm that uses all information within the year is preferable to a more nai"ve approach which takes two quarters of microdata that are I year apart and links establishments without accounting for breakouts and consolidations that occur within the year. Such a nai"ve approach, relative to the algorithm used here, increases the annual gross job gains and losses statistics by roughly 7 percent to 9 percent. 4 Quarterly and annual private-sector gross job gains and job losses, first quarter 1998 through first quarter 2002 !Not seasonallv adiustedl Employment Gross job gains Period Previous quarter /year Current quarter /year Change Gross job losses Expanding establish- Opening establish- Contracting establish- ments ments ments Closing establishments Quarterly: 1998: I to 1998: 11 •• .•• .•.• •.••••• .••. •• .•.••.• 1998: II to 1998: Ill ..... ..... ... ....... ... .. .. 1998: Ill to 1998: IV ............... ........ ... 1998: IV to 1999: 1 •• ••... ••••••.••• •. .••.•••••• 102,201,556 105,745,572 105,895,205 106,669,216 105,745,572 105,895,205 106,669,216 104,637,156 3,544,016 149,633 774,011 -2,032 ,060 7,823,083 6,045,188 6,872,921 5,881,407 2,443,361 1,696,143 1,600,934 2,305,245 5,128,625 6,049,428 6,108,728 7,621 ,358 1,593 ,803 1,542,270 1,591 ,116 2,597,354 Annual : . 1998: I to 1999: I ................... ..... .. .. .... 102,201 ,556 104,637,156 2,435 ,600 10,311 ,106 5,946,992 8,515 ,309 5,307 ,189 Quarterly : 1999: I to 1999: II ..... ... .... .. .. ........ .. .... . 1999: II to 1999: Ill ..... ..... ....... .... .... ... 1999: Ill to 1999: IV ...... .. .. .... ..... ...... .. 1999: IV to 2000: 1 •• ••••• •••••• ••••••••• ••••••• 104,637,156 108,121 ,039 108,182,154 109,278,661 108,121 ,039 108,182,154 109,278,661 107,672,227 3,483,883 61 ,115 1,096,507 -1,606,434 8,075 ,511 6,316 ,593 7,207,652 6,097,257 2,285,719 1,705,902 1,823,796 2,111,495 5,311 ,276 6,277 ,917 6,298,406 7,531 ,814 1,566,071 1,683,463 1,636,535 2,283,372 Annual: 1999: I to 2000: I .......... .. .... ..... ... ...... .. 104,637,156 107,672,227 3,035,071 10,692,723 5,712,036 8,391,177 4,978 ,511 Quarterly : 2000: I to 2000 : II ... ... ..... .. .... ... ... ...... .. 2000: II to 2000: Ill ..... .......... ......... .... 2000: Ill to 2000: IV .......... .. ... ............ 2000: IV to 2001 : I .. .... ... ... .. .... .... .... ... 107,672,227 111 ,115,514 110,783,450 111 ,182,910 111 ,115,514 110,783,450 111,182,910 108,561,077 3,443,287 -332 ,064 399,460 -2,621,833 8,269 ,019 6,284 ,783 6,985,872 5,924,318 2,037,883 1,631 ,545 1,641,856 1,955,772 5,384 ,637 6,582,852 6,622,454 8,018,068 1,478,978 1,665,540 1,605,814 2,483,855 Annual : 2000: I to 2001: I ..... ........... ............ .... 107,672,227 108,561,077 888,850 10,240,477 5,191 ,521 9,363,412 5,179,736 Quarterly: 2001: I to 2001 : II ...... ....... .... ........... .. .. 2001 : II to 2001 : Ill .... .......... ... ...... ....... 2001 : Ill to 2001: IV .. .. ........ ................. 2001: IV to 2002 : I ...... ............... ....... ... 108,561,077 110,734,261 109,000,401 108,173,134 110,734,261 109,000,401 108,173,134 105,810,039 2,173,184 -1,733,860 -827,267 -2,363,095 7,671,463 5,519,373 6,147,166 5,512 ,394 2,063,725 1,521,404 1,648,088 1,993,961 5,936,261 7,023,453 7,025,677 7,560,400 1,625,743 1,751 ,184 1,596 ,844 2,309,050 Annual :. 2001 : I to 2002 : I .... ........ ....... .. .... ..... ... 108,561,077 105,810,039 -2,751 ,038 8,752 ,075 5,201 ,011 11 ,148,760 5,555 ,364 SouRcE: Authors' calculations using microdata from the BLS Business Employment Dynamics program. This article uses data from the first quarter of 1998 through the first quarter of 2002. The quarterly statistics that we present replicate the official (seasonally unadjusted) statistics from the BLS Bu s iness Employment Dynamics program. 5 Employment is defined as the number of workers covered by unemployment insurance and earning wages during the pay period that includes the 12th of the month. The gross job gains and gross job loss statistics use reported employment data in the third month of the quaner as the measure of the establishment 's quarterly employment. Thus, employment growth for the second quarter refers to employment growth from March to June. To be consistent with much of the gross job flows literature, many of the annual statistics that this article presents measure employment growth from March of one year to March of the following year. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Annual gross job gains and losses Based on quarterly and annual tabulations of Bu si ness Employment Dynamics statistics, tables I through 4 provide the following statistics: table I presents the employment levels in the current and previous time periods, the net employment change, and the gross job gains and the gross job losses. Table 2 shows these employment changes as rates rather than levels. 6 The number and flows of establishments underlying the employment statistics in table I are presented in table 3, with corresponding rates prese nted in table 4. None of the statistics in tables 1-4 are seasonally adjusted. In March 2001 , there were 108,561 ,077 private sector jobs, and I year later in March 2002, there wm· I05,8 I 0,039 private sector jobs. (See the bottom row of table 1.) This annual Monthly Labor Review November 2004 5 Job Gains and Losses decline in employment of 2,751,038 jobs is the sum of the four seasonally unadjusted quarterly changes during the year: an increase of 2,173,184 jobs between the first and second quarters of 2001, and declines of 1,733,860, 827,267, and 2,363,095 jobs, respectively, during the next three quarters. In percentage terms, this annual decline in employment was 2.57 percent. (See table 2.) This annual percentage decline is also the sum of the four seasonally unadjusted quarterly changes (1.98 percent, -1 .58 percent, --0.76 percent, and-2.21 percent). This annual decline in employment is equivalent to stating that fewer jobs were gained than were lost. The bottom row of table 1 shows that for the year ending in March 2002, employment in expanding establishments grew by 8,752,075 jobs, and employment in opening establishments grew by 5,201,011 jobs. The level of gross job gains was 13,953,086 11·••11=--- jobs during the year, a rate of 13.02 percent. Employment in contracting establishments declined by 11 ,148,760 jobs, and closing establishments accounted for the loss of 5,555,364 jobs. The level of gross job losses was 16,704,124 jobs during the year, a rate of 15.58 percent. The difference between the gross job gains and the gross job losses is the net employment decline of 2,751,038 jobs, a rate of-2.57 percent. An important component of the Business Employment Dynamics data series is the establishment counts underlying the gross job gains and losses. Looking at the annual statistics for March 2001 to March 2002 in tables 3 and 4, one can see that there were 1,633,498 expanding establishments (26.2 percent of all establishments), and 790,237 establishments ( 12.7 percent) opening during the year. There were 1,735,071 contracting establishments (27.8 percent), and 785,786 establishments ( 12.6 percent) closing during the year. Quarterly and annual private-sector gross job gains and job losses as a percentage of employment, first quarter 1998 through first quarter 2002 [In percent] Gross job gains Period Total Expanding establish- Opening establish- ments ments Total Contracting establish- Closing establish- ments ments Quarterly: 1998: I to 1998: II ..................... . 1998: II to 1998: 111 ••.••..• •. •..•••• •.•. 1998: Ill to 1998: IV .. .... ... ... .. ..... 1998: IV to 1999: 1... ...•.••••. .. •.••.•• 3.41 .14 .73 -1 .92 9.87 7.32 7.97 7.75 7.52 5.71 6.47 5.57 2.35 1.60 1.51 2.18 6.47 7.17 7.24 9.67 4.93 5.72 5.75 7.21 1.53 1.46 1.50 2.46 Annual: 1998: I to 1999 : I .. .. .... ...... ...... .... 2.36 15.72 9.97 5.75 13.37 8.23 5.13 Quarterly: 1999: I to 1999: 11 ..•..•..•.••.• .•..• •••. 1999: II to 1999: 111 •• ••••••• ••• •.• ••• .• • 1999: Ill to 1999 : IV .. .. .... ....... .. .. 1999: IV to 2000: 1.•.•••.•••• .•• .•. .•.• 3.27 .06 1.01 -1.48 9.74 7.42 8.31 7.57 7.59 5.84 6.63 5.62 2.15 1.58 1.68 1.95 6.46 7.36 7.30 9.05 4.99 5.80 5.79 6.94 1.47 1.56 1.51 2.10 Annual : 1999: I to 2000 : I .... ....... .. ........... 2.86 15.45 10.07 5.38 12.59 7.90 4.69 Quarterly: 2000: I to 2000: II ....... .... ... ..... .. .. 2000: II to 2000 : 111 ••.• •.•.••.•.....•••• 2000: Ill to 2000 : IV ................... 2000: IV to 2001 : 1•••••••••••••••••••.• 3.15 - .30 .36 -2 .39 9.42 7.14 7.77 7.17 7.56 5.66 6.29 5.39 1.86 1.47 1.48 1.78 6.27 7.43 7.41 9.56 4.92 5.93 5.97 7.30 1.35 1.50 1.45 2.26 Annual: 2000: I to 2001 : I .. ..... ...... .... ... ... . .82 14.27 9.47 4.80 13.45 8.66 4.79 Quarterly: 2001: I to 2001 : 11 .•• .•• .••.••••..••..••• 2001: II to 2001 : 111 •• •• •.••.••.•• .• ...• . 2001: Ill to 2001 : IV .......... ......... 2001 : IV to 2002 : I .. .................... 1.98 -1 .58 - .76 -2 .21 8.88 6.41 7.18 7.02 7.00 5.02 5.66 5.15 1.88 1.38 1.52 1.86 6.90 7.99 7.94 9.22 5.41 6.39 6.47 7.07 1.48 1.59 1.47 2.16 Annual : 2001: I to 2002 : I ..................... ... -2.57 13.02 8.17 4.85 15.58 10.40 5.18 SOURCE: 6 Net change Gross job losses Authors' calculations using microdata from the Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 BLS Business Employment Dynamics program . Quarterly and annual establishments, by direction of employment change, first quarter 1998 through first quarter 2002 [Not seasonally adjusted] Establishments Period Establishments gaining jobs Establishments losing jobs Expanding establish- Opening establish- Contracting establish- Closing establish- ments ments ments ments Previous quarter /year Current quarter /year Change 5,954 ,688 6,102,056 6,112,675 6,139,037 6,100,295 6,111 ,290 6,141 ,350 6,047 ,343 145,607 9,234 28,675 -91,694 1,677,630 1,416,065 1,514,463 1,372,314 399 ,192 297,214 328,150 322,952 1,217 ,620 1,520,449 1,396,232 1,563,034 253,585 287 ,980 299,475 414 ,646 Annual : . 1998: I to 1999: I ..... .... ........... ... ..... ... 5,949 ,688 6,043 ,308 93 ,620 1,747 ,912 778,826 1,519 ,889 685,206 Quarterly: 1999: I to 1999: II ...... .. ... .... .. .. ... .. .. ... . 1999: II to 1999: 111 .............. ..... .... ..... 1999: Ill to 1999 : IV ........ ...... .. .... .. .... 1999: IV to 2000: 1.. ...... ..... ............... 6,061,444 6,157,563 6,155,545 6,224 ,233 6,154,715 6,1 53,188 6,225 ,768 6,142 ,674 93,271 -4 ,375 70 ,223 -81 ,559 1,699,870 1,434,037 1,541 ,212 1,406,142 383,274 307,526 376,244 345,268 1,249,922 1,542 ,258 1,413,109 1,595,453 290,003 311 ,901 306 ,021 426 ,827 Annual : 1999: I to 2000 : I .............. ... .. ... ..... ... . 6,055,507 6,135,781 80 ,274 1,774,943 804,022 1,548,585 723,748 Quarterly: 2000: I to 2000 : II ...... ........... ............. 2000: II to 2000: 111 ..... ..... .... ......... ..... 2000 : Ill to 2000: IV ........ .......... .... .... 2000 : IV to 2001 : I ... .... .... .. ......... .. . . . . 6,159,683 6,275,908 6,273,940 6,325,421 6,273 ,531 6,271 ,181 6,326 ,260 6,220,660 113,848 -4 ,727 52 ,320 -104 ,761 1,721,043 1,442,389 1,511,533 1,386,268 391 ,847 314 ,945 365 ,672 333 ,506 1,292 ,080 1,580,817 1,477,681 1,611 ,652 277,999 319,672 313,352 438 ,267 Annual : 2000 : I to 2001 : ! .... ..... .... ..... ..... ... ..... 6,154,016 6,213,658 59,642 1,723,162 809 ,301 1,645 ,873 749 ,659 Quarterly : 2001: I to 2001 : 11 .. ......... ... .... ... .. ..... .. 2001 : II to 2001 : 111 ........ ...... .............. 2001 : Ill to 2001 : IV ..... .. .. ..... ..... ... .... 2001: IV to 2002 : I ..... ...... .. .... . . .. . .... . . 6,236 ,791 6,330,657 6,294 ,785 6,345 ,811 6,327 ,460 6,292 ,660 6,344,623 6,243,771 90,669 -37,997 49 ,838 -102 ,040 1,668,308 1,357,255 1,426,118 1,329 ,571 377 ,140 297,385 361 ,787 328,795 1,320,988 1,628,835 1,506,839 1,603,277 286,471 335 ,382 311 ,949 430 ,835 Annual : 2001: I to 2002: I .... ..... ....... ............ ... 6,232 ,571 6,237 ,022 4,451 1,633,498 790,237 1,735,071 785,786 Quarterly: 1998: I to 1998: II ..... .... .... ...... ........ ... 1998: II to 1998: 111 ... ............ ... ...... .. . 1998: Ill to 1998: IV ..... .... .... ... .... .... .. 1998: IV to 1999: 1........... ... .. ..... .. .... .. SouRCE: I Authors' calculations using microdata from the BLS Business Employment Dynamics program . The statistics from tables I and 3 indicate that the average expanding establishment added 5.4 jobs during the year spanning March 200 I to March 2002 , and the average contracting establishment lost 6.4 jobs during the year. A s imilar calculation shows that the average opening establishment starts with 6.6 employees in its first year of positive employment, and the average closing establishment is re sponsible for the loss of 7.1 employees in its final year with employees. Annual gross job gains and losses statistics add to the labor market information currently available from BLS. A trall ;lic nal measure of net employment change shows that employment fell by 2,751,038 jobs during the year measured from March 2001 to March 2002. The annual gross job gains and losses statistics indicate that this net employment loss is the result of 8,752,075 jobs added at 1,633,498 expanding https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis establishments, 5,201,011 jobs added at 790,237 opening establishments, 11,148 ,760 jobs lost at 1,735,071 contracting establishments, and 5,555,364 jobs lost at 785 ,786 closing establishments. These annual statistics from the Business Employment Dynamics data show the tremendous amount of churning of jobs and establishments underlying the annual net employment growth. Annual statistics: uses and interpretations To show how the annual statistics relate to the quarterly statistics and the value added of the annual statistics relative to the quarterly statistics, the following subsection directly compares the annual and the quarterly statistics without attempting to standardize the two to the same frequency of measurement. The second subsection " annualizes" the Monthly Labor Review November 2004 7 Job Gains and Losses -••lelr-..,,• Quarterly and annual establishments, by direction of employment change as a percentage of total establishments, first quarter 1998 through first quarter 2002 [Not seasonally adjusted] I Establishments gaining jobs Net change Period Total Expanding establish- Opening establish- ments ments Total Contracting establish- Closing establish- ments ments Quarterly : 1998 : I to 1998: II ... .... .. ...... ..... ...... 1998: II to 1998: Ill .............. ... ...... .. 1998: Ill to 1998: IV ... ..... .... ... ... ... ... 1998: IV to 1999: 1.......... ... ... ...... ... .. 2.42 .15 .47 -1 .50 34.46 28.06 30.07 '27.82 27.83 23.19 24.72 22.52 6.62 4.87 5.36 5.30 24.41 29.61 27.68 32.46 20.20 24.90 22.79 25.65 4.21 4.72 4.89 6.81 Annual: 1998: I to 1999 : I .. .............. ...... .. .... . 1.56 42.14 29.15 12.99 36.77 25.35 11.43 Quarterly : 1999: I to 1999: 11 .... ............ ....... ..... 1999: II to 1999: 111 .. .. ....... ....... ..... ... 1999: Ill to 1999 : IV ........... .. .. ......... 1999: IV to 2000: 1.. ..... ... .. .............. 1.53 - .07 1.13 -1 .32 34.10 28.29 30.97 28.32 27.83 23.30 24.90 22.74 6.27 5.00 6.08 5.58 25.21 30.12 27.77 32.70 20.46 25.06 22.83 25.80 4.75 5.07 4.94 6.90 Annual : 1999: I to 2000 : ! .... ........... .............. 1.32 42.31 29.12 13.19 37.28 25.40 11 .87 Quarterly : 2000: I to 2000: 11 .. .................... ... ... 2000: II to 2000: 111 ..... .. ...... ....... .. ... . 2000: Ill to 2000 : IV ..... ............. ... ... 2000: IV to 2001: I .. ... ............. .. ...... . 1.83 -.08 .83 -1 .67 33.99 28.01 29.80 27.42 27.68 22.99 23.99 22.10 6.30 5.02 5.80 5.32 25.26 30.29 28.43 32.68 20.78 25.20 23.45 25.69 4.47 5.10 4.97 6.99 Annual: 2000: I to 2001 : I ............................. .96 40.95 27.87 13.09 38.74 26.62 12.12 Quarterly : 2001 : I to 2001 : 11 .. .. ........................ 2001 : II to 2001 : 111 ... .. ....... ............ .. 2001: Ill to 2001 : IV .. .... ... ... .... ...... .. 2001 : IV to 2002 : I .......... .... .. ... ..... .. . 1.44 - .60 .79 -1 .62 32.56 26.22 28.29 26.35 26.56 21.50 22 .57 21 .12 6.00 4.71 5.72 5.22 25.59 31.12 28.78 32.31 21 .03 25.81 23.84 25.47 4.56 5.31 4.94 6.84 Annual : 2001 : I to 2002 : I .. ... .... .... .......... ... ... .07 38.87 26.20 12.67 40.43 27.83 12.60 SouRCE: Authors' calculations using microdata from the BLS Business Employment Dynamics program . quarterly statistics prior to comparison, and the third section carefully examines the relationship between quarterly and annual openings. A simple comparison of annual statistics and quarterly statistics. The annual gross job flow statistics are higher in magnitude than the gross job flow statistics from any quarter within the year. For example, in table 2, for the March 2001 to March 2002 period, the annual gross job gains rate is 13.02 percent, and the annual gross job loss rate is 15.58 percent. These annual statistics are higher than any of the quarterly statistics within the year: the average quarterly gross job gains rate for the four quarters between March 2001 and March 2002 is 7 .37 percent, anc.l the average quarterly gross job loss rate is 8.01 percent. Additional analysis of the data in tables 1 and 2 reveals that the larger annual statistic s correspond to a greater importance of establishment openings and closings. That is, 8 Establishments losing jobs Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 22.5 percent of quarterly gross job gains are due to establishment openings, whereas 37.3 percent of annual gross job gains are due to establishment openings. Similar computations show that 20.9 percent of quarterly gross job losses are due to establishment closings, whereas 33.2 percent of annual gross job losses are due to establishment closings. This greater importance of openings and closings in the annual statistics, relative to the quarterly statistics, is due in part to an increased number of establishment openings and closings. Using data from March 2001 to March 2002, the rate of establishment openings increases from 5.41 percent on an average quarterly basis to 12.67 percent on an annual basis, and the rate of establishment closings increases from 5.41 percent on an average quarterly basis to 12.60 percent on an annual basis. (See table 4.) This striking difference does not exist between the quarterly and annual rates of expansions and contractions: the average quarterly expansion rate is 22.94 percent, relative to an annual expansion rate of 26.20 percent, and the average quarterly and the annual contraction rates are 24.04 percent and 27 .83 percent, respectively. In addition to an increased number of openings and closings, one might expect the average size of establishment openings and closings to increase as the time horizon is lengthened over which employment growth is measured. First, the composition of establishment openings is different in the quarterly and the annual statistics, because many openings that do not survive several quarters will not be in the annual statistics. The existing literature finds that the smallest establishments are the most likely to die shortly after birth. 7 Second, if employment growth in surviving births is a gradual process as these new establishments learn about their business environment, then quarterly measures of employment growth will understate (relative to annual measures) the amount of gross job gains attributable to openings. Similarly, if closing establishments decrease their size gradually over time, then quarterly measures of gross job losses will understate the jobs lost from these establishments. Calculations using March 2001-March 2002 statistics from tables 1 and 3 show an increasing average size of openings and closings over a longer run horizon: The size of the average opening increases from 5.3 jobs measured quarterly to 6.6 jobs measured annually, and the average size of a closing increases from 5.3 jobs measured quarterly to 7 .1 jobs measured annually. Also, the average size of expansions and contractions is larger in the annual statistics compared with the quarterly statistics. The average expansion has 5.4 employees measured annually versus 4.3 employees measured quarterly, and the average contraction has 6.4 employees measured annually versus 4.5 employees measured quarterly. One explanation is that in the short run, some of the expansions and contractions in the data are transitory fluctuations caused by the hiring process taking some time. In the long run, sustained expansions and contractions will distinguish themselves from these short run transitory employment fluctuations. Comparing the annual statistics to the sum offour quarterly statistics. The new quarterly Business Employment Dynamics data series has been used by many analysts for many applications. There has been a demand by the user community for annual gross job gains and losses statistics, and some users have "annualized" the quarterly statistics themselves. 8 This section addresses whether it is appropriate to use the sum of the four quarterly gross job flows statistics as an annual gross job flows statistic. As noted earlier, the sum of the four quarterly net employment changes in table 1 is the annual net employment https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis change. However, the sum of the four quarterly gross job gains is much greater than the annual gross job gains, and the sum of the four quarterly gross job losses is much greater than the annual gross job losses. For example, the sum of jobs created by expanding establishments in each quarter from March 2001 to March 2002 is 24,850,396, whereas the annual tabulation shows that only 8,752,075 jobs were added by expanding establishments. Caution should be used with regard to distinguishing between annual statistics and the sum of four quarterly statistics. Neither is inherently right or wrong; the two different approaches are simply answers to different questions. The annual statistics show job gains and losses over a year. The sum of quarterly numbers look at the gains and losses during a year. The intuition for the difference between these two concepts is straightforward. Many quarterly changes reverse themselves over the course of a year. Many of these reversals are due to lags in hiring for vacant positions (a gross job loss in one quarter followed by a gross job gain in the subsequent quarter), and many are due to seasonality (for example, employment at amusement parks expands in the summer and contracts in the winter). The data indicate that 53 percent of the establishments that expanded in the quarter between March and June of 2001 also expanded over the year from March 2001 to March 2002. The data also indicate that 62 percent of the establishments that expanded over the year had at least one quarter during the year in which they contracted. Only 2 percent of the establishments that expanded over the year expanded in all four quarters during the year. Summing high frequency statistics, such as quarterly statistics, to examine job gains and losses during a longer period such as a year has two drawbacks. First, this method will result in different answers depending on whether one sums I 2 monthly statistics, 4 quarterly statistics, and so on. To illustrate this, assume a user wants to know the gross jobs gained during the 2-year period from March 2000 to March 2002. The sum of the two annual statistics from table 2 suggests that 29,385,084 jobs were gained during the 2-year period, whereas the sum of the eight quarterly statistics suggests that 66,808 ,622 jobs were gained during the 2-year period. If one wanted to truly count every single job that was gained or lost during a year, one would have to sum statistics from time periods that are small enough such that no single gain or loss has time to reverse itself. A second drawback is that summing quarterly statistics can produce strange results that are difficult to interpretthis is especially true for percentages, which may sum to more than 100 percent. This can easily be seen using statistics from table 4: between 26 percent and 32 percent of establishments gained jobs in any quarter between March 2001 and March 2002, but the sum of the four quarterly Monthly Labor Review November 2004 9 Job Gains and Losses I•••"---- Quarterly and annual opening establishments, second quarter 2001 through first quarter 2002 Number of establishments Period Conditional percent 2001: II openings (n = 377,140) : Remains open 2001: 111 •.•• .•• .• •.••.••. ••••• .••••• .••• ••• •..•.. •.••.•. .•.. Remains open 2001: IV .. .... .... ........................ ............ .... .. Remains open 2002 : I ..... .......... .. ....... ... ....... ........ ....... .. .. . Opening in annual table ............ ............... .... ...... ...... . Continuous in annual table ................ ... .. ... .. .. ....... .. .. 318,561 278,575 232,157 232 ,157 0 84.47 73.87 61 .56 61.56 0.00 100.00 0.00 2001: Ill openings (n = 297 ,385): Remains open 2001: IV ..... ..... .... ... ... .... .... ..... ... .. ..... .. ... ... . Remains open 2002: I ..... ... .... .... ... ....... .... .... ....... ........ .. ... Opening in annual table .. .. .. ......... ....... .. .... ......... ..... .. Continuous in annual table ...... .. .... .. ............ ... ..... .. ... 248,040 219 ,007 170,821 48,186 83.41 73.64 57.44 16.20 78.00 22.00 2001: IV openings (n = 361,787) : Remains open 2002 : I ... .... .................... .. .. ......... ............ .. Opening in annual table ........ .. .. ...... ... .. ... ... ...... ...... ... Continuous in annual table ........ .... ..... ..... ...... ... .. ... ... 247,679 175,646 72 ,033 68.46 48.55 19.91 70.92 29 .08 2002 : I openings (n = 328,795) : Remains open 2002: I .. ........ ..... ... .... ....... ... ... ... ... ... ..... .. .. Opening in annual table .. ............ .... ....... ........ .... ...... . Continuous in annual table ......................... ............ .. 328,795 240,519 88,276 100.00 73.15 26.85 73.15 26.85 statistics cannot be interpreted as saying that 113.4 percent of establishments gained jobs during the year. A closer examination of quarterly and annual openings. A comparison of quarterly openings with annual openings will help illustrate why the sum of quarterly statistics differs from the annual statistic. In table 3, there are 377,140 opening establishments in the second quarter of 2001, 297,385 opening establishments in the third quarter of 2001, 361 ,787 opening establishments in the fourth quarter of 2001 , and 328,795 opening establishments in the first quarter of 2002. The sum of these four quarterly statistics is 1,365,107, which is substantially higher than the 790,237 opening establishments reported in the annual tabulation. There are several reasons for this difference. The amount of time that opening establishments remain in business is a major factor in understanding the relationship between quarterly openings and annual openings. If an establishment opens in the second quarter of 2001, but closes before the first quarter of 2002, it would not be listed as an opening establishment in the annual table. Statistics in table 5 examine the status of opening establishments over a timeframe longer than one quarter. In the top panel of table 5, there are 377,140 establishments that open in the second quarter of 2001. One quarter later, 84.5 percent of these establishments remain open, 73.9 percent are still open two quarters later, and 61.6 percent are still open three quarters later (in the first quarter of 2002). 9 The second panel of table 5, which tracks the status of establishments that open in the third quarter of 2001 , indicates that 73.6 percent of these quarterly openings are still open two quarters later. l0 Percent of openings Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 Another factor that affects the relationship between quarterly openings and annual openings is the large number of establishments that close and re-open within the year. To understand this explanation, it is helpful to return to the definition of opening and continuous establishments. By definition, an annual opening in the March 2001-March 2002 tabulation either does not exist or has zero employment in the first quarter of 2001, but has positive employment in the first quarter of 2002. An annual continuous establishment, by definition, has positive employment in both the first quarter of 2001 and also in the first quarter of 2002. The continuous establishments in the annual tabulations do not need to have positive employment in all quarters between the first quarter of 2001 and the first quarter of 2002. An annual continuous establishment that has zero employment in some quarter within the year would be classified as a closing in the quarter it went from positive to zero employment, and then classified as an opening in the quarter it went from zero to positive employment. How often does this occur? Table 5 shows that between 22 percent and 29 percent of establishments classified as quarterly openings (in the third, fourth, and first quarters) that remain open in the first quarter of 2002 are classified as continuous establishments in the annual tables. This finding illustrates that a significant number of establishment openings in the quarterly statistics are continuous establishments that close and re-open during the year. There is one more interesting finding about opening establishments that warrants mention. Table 5 shows that 232,157 establishments that opened in the second quarter of 2001 and remain open in the first quarter of 2002 are classified as annual openings. The corresponding statistics for opening establishments are 170,821 in the third quarter of 2001, 175,646 in the fourth quarter of 2001, and 240,519 in the first quarter of 2002. The addition of these four statistics is 819,143, which exceeds the annual opening statistic of 790,237 by 28,906 establishments (or 3.7 percent). The explanation for this difference is that 3.7 percent of establishments that are classified as annual openings have two quarterly openings within the year. The time series of annual statistics One of the most interesting conclusions that has come from the new BLS Business Employment Dynamics data series is that the 2001 recession is characterized by a decline in gross job gains accompanied by an increase in gross job losses. The most recent business cycle is also evident in the annual job flow statistics. The annual net employment change in table 2 is more than 2 percent in March 1999 and March 2000, falls to 0.82 percent in March 2001, and is -2.57 percent in March 2002. The business cycle is also evident in the annual gross job gains and losses statistics. The annual rate of gross job gains is essentially similar in 1999 and 2000, and then falls from 15.45 percent in 2000 to 13.02 percent in 2002. The annual rate of gross job losses is roughly steady if not declining during 1999 through 2001, followed by a relatively large increase in 2002. It is difficult to say much more about the 2001 recession, dated by the National Bureau of Economic Research as occurring between March 2001 to November 200 I, because there are only four annual statistics in table 2. However, it is possible to gain further information about the business cycle by computing annual gross job gains and losses for all quarters of the year. Table 6 presents statistics that measure the annual rates of gross job gains and losses from March to March, June to June, September to September, and December to December. The 2001 recession is evident in these statistics: the annual net employment change is more than 2 percent for the first several quarters of 2000, and then falls rapidly throughout 2001. This declining annual net employment growth rate reflects two factors-a declining annual gross job gains rate and a rising annual gross job loss rate. (See chart 1.) This annual time series of gross job gains and losses, computed quarterly, is consistent with the time series pattern of the seasonally adjusted quarterly series from the Business Employment Dynamics program. The quarterly time series of annual tabulations in table 6 is not seasonally adjusted, and doe-s not appear to show any obvious seasonal effects. This is different than the quarterly statistics in table 1 or table 2, where it is obvious that any time series analysis of quarterly gross job gains and losses requires seasonal adjustment of the data. Thus, the annual statistics can serve as a crude alternative to seasonally adjusted quarterly numbers, and could be especially useful for https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis purposes where it may be infeasible to compute a long enough time series for seasonal adjustment. Comparisons with existing literature The first influential studies of gross job gains and losses in the U.S. economy were by Dunne, Roberts, and Samuelson, and Davis, Haltiwanger, and Schuh. 10 Both of these studies focused on data for the manufacturing sector from the Census Bureau; later work by Anderson and Meyer, Foote, and Spletzer used unemployment insurance data from various States to examine how gross job flows in manufacturing may not be representative of other industries. 11 From the heavily cited work of Davis, Haltiwanger, and Schuh, one of the main conclusions is that the annual rate of gross job gains in manufacturing during the 1973-88 period is 9 .1 percent, and the annual rate of gross job losses in manufacturing during the same period is 10.3 percent. These rates are substantially lower than the annual rates presented in table 2: for the entire U.S. economy during the 1999-2002 period, the average annual gross job gains rate is 15.1 percent, and the average annual gross job loss rate is 14.3 percent. Perhaps the most important explanation for this difference is due to the difference in industry sectors; indeed, the quarterly industry statistics recently released by the BLS Business Employment Dynamics program show that the gross job flow rates in manufacturing are lower than those in the economy as a whole. 12 Annual gross job gains and losses statistics for the manufacturing sector are computed from the Business Employment Dynamics data. For the manufacturing sector, the average annual rate of gross job gains over 4 years ( 19992002) is 9.4 percent and the average annual rate of gross job losses is 12.6 percent. These rates are broadly similar to those of Davis, Haltiwanger, and Schuh. The two crosswalks described in this article-the crosswalk between the manufacturing sector and the U.S. economy as a whole, and the crosswalk between the quarterly and the annual statistics-enables interested users to compare the quarterly statistics from the BLS Business Employment Dynamics program with the annual manufacturing statistics in the existing literature. presented annual gross job gains and gross job loss statistics that were created using the quarterly microdata from the Business Employment Dynamics program. The annual gross job gains and losses statistics show the tremendous amount of churning that underlies the net growth of employment. Indeed, every year in the U.S. economy, millions of establishments remaining in operation are adding or subtracting from their workforces, creating the turnover of millions of jobs. At the same time, hundreds of thousands of THIS ARTICLE Monthly Labor Review November 2004 ll Job Gains and Losses Annual private-sector gross job gains and job losses, March 1999 to March 2002 Employment Gross job gains Period Total Expanding establishments Opening establishments Total Contracting establishments 3,035,071 (2 .86) 2,994,475 (2 .73) 2,601,296 (2 .38) 1,904,249 (1 .73) 16,404,759 (15.45) 16,921,558 (15.44) 16,777,558 (15 .32) 16,226,533 (14 .72) 10,692,723 (10.07) 11 ,193,695 (10.21) 11 ,146,415 (10.18) 10,840,239 (9.83) 5,712,036 (5.38) 5,727,863 (5.23) 5,631 ,143 (5.14) 5,386,294 (4.89) 13,369 ,688 (12 .59) 13,927,083 (12 .71) 14,176,262 (12 .95) 14,322 ,284 (12 .99) 8,391 ,177 (7.90) 8,846,055 (8.07) 9,107,405 (8.32) 9,367,299 (8.50) 4 ,978,511 (4.69) 5,081 ,028 (4.64) 5,068 ,857 (4 .63) 4 ,954 ,985 (4 .50) 888,850 (.82) 110,734,261 -381 ,253 (-. 34) 109,000,401 -1,783 ,049 (-1 .62) 108,173,134 -3,009,776 (-2 .74) 15,431,998 (14.27) 15,441 ,137 (13.92) 14,708 ,760 (13.38) 14,286,714 (13.03) 10,240,477 (9.47) 10,135,482 (9 .14) 9,532 ,083 (8 .67) 9,146,066 (8.34) 5,191,521 (4 .80) 5,305 ,655 (4 .78) 5,176,677 (4.71) 5,140,648 (4 .69) 14,543,148 (13.45) 15,822 ,390 (14 .26) 16,491 ,809 (15.01) 17,296 ,490 (15.77) 9,363,412 (8.66) 10,276,408 (9 .26) 10,804,058 (9 .83) 11,594,516 (10.57) 5,179,736 (4.79) 5,545 ,982 (5 .00) 5,687 ,751 (5 .18) 5,701 ,974 (5.20) 105,810,039 13,953,086 (13.02) 8,752,075 (8 .17) 5,201 ,011 (4.85) 16,704,124 (15.58) 11 ,148,760 (10.40) 5,555,364 (5.18) Previous year Current year .... .. .. .. .... 104,637,156 107,672,227 .... ... ... .. 108,121 ,039 111 ,115,514 September to September ..... ... 108,182,154 110,783,450 December to December ......... . 109,278,661 111 ,182,910 2000-2001 : March to March ..... .. .... ......... . 107,672,227 108,561 ,077 June to June .... .... .... ·········· .. -· 111 ,115,514 September to September ...... .. 110,783,450 December to December ... ... ... 111 ,182,910 2001 - 2002: March to March .. .. .. ..... ...... .... 108,561 ,077 1999- 2000: March to March . June to June . . ... . . . .. . . . .... . Gross job losses Change -2,751 ,038 (-2 .57) Closing establishments NorE: Percentages are in parentheses. Quarterly time series of annual private-sector gross job gains and losses, March 2000-02 ~~rt ~~rt 16 ~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ~ 16 12 12 8 4 4 o._.._______.______.______._______.______.______._~_____.______._,o March June Sept. Dec. March June Sept. Dec. March 2000 2000 2000 2000 2001 2001 2001 2001 2002 NOTE: The 2001 recession, according to the National Bureau of Economic Research, occurred between March 2001 and November 2001 . 12 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 establishments open and close every year, causing the simultaneous gain and loss of millions of jobs. This analysis of the annual gross job flow statistics has highlighted their value as a complement to the quarterly gross job flow statistics released from the BLS Business Employment Dynamics program. D NOTES 1 For a complete de sc ription and analysis of the new data series, see James R. Spletzer, R. Jason Faberman, Akbar Sadeghi, David M. Talan , and Richard L. Clayton , " Busi ness employment dynamics: new data on gross job gains and losses," Monthly Labor Review, April 2004, pp . 29-42. The Business Employment Dynamics Web site is www.bls.gov/bdm . 2 Further details about definition s and the quarterly linkage algorithm can be found in Spletzer and others, " Business employment dynamics ," April 2004. :i Establishments involved in ownership changes also need to be treated with care when constructing gross job gains and gross job loss stati stics. When an establi shment changes ownership , it is allowed to change its State specific unemployment insurance number. But this change will likely be identified by a State supplied predecessor or s ucce sso r number or by the probabili sti c weighted match in the BLS record linkage system, and as such, the unique establishment identifier in the BLS longitudinal establishment database remains constant through this period of ownership change. 4 A detailed description of the algorithm can be found in Joshua C. Pinkston and James R. Spletzer, '·Annual Measures of Job Creation and Job De struction Create d from Quarterly Microdata," American Statistical As.r nciation 2002 Pro ceedings of the Se ction on Business and Economic Statistics, pp. 3311-3316. This ASA paper reports that the annual gross job gains rate for California increases from 18.7 perce nt to 20.0 percent, and the annual gross job loss rate for California increases from I 5.4 percent to I 6.8 pe rcent, when not using information on breakouts and consolidations within the year. 5 See Spletzer and others, " Business employment dynamics," April 2004, tabl e 5, page 40. 6 Percentages are calculated usi ng the average of the current and previou s level s as the denominator. This ensures that increases and decre ases are treated symmetrically. For example, conventional calc ulati ons would describe an increase from 4 e mployees to 8 as a I 00-percent increase, whereas a decrease from 8 to 4 would be a 50percen t decrease. Instead , when using average employment in the denominator, both the in crease from 4 to 8 and the decrease from 8 to 4 are changes of 66.67 percent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7 See James R . Spletzer, " The Contribution of Establishment Births and Deaths to Employment Growth ," Journal of Business and Economic Statistics, January 2000, pp . 113- 26. 8 For instance, "i n 1999 alone, 33 million jobs were destroyed and 36 million created." See "A ll Jobs Count," Th e Washington Post, Editorial , March 4, 2004, p. A22. These sta ti stics are the sum of the four quarterly statistics in tabl e I. 9 We do not interpret th ese stati s tic s as survival probabilities, primarily because the statistics in table 5 refer to th e opening and closing of establishments, whereas th e literature o n establishment survival refers to the birth and death of establishments. The statistics in table 5 (84.5 percent, 73.9 percent , a nd 61 .6 percent) , are lower than survival statistics in the litera ture. For examp le, th e quarterly survival statistics in Spletzer, ·'The Contribution of Establishment Birth s and Deaths to Employment Growth," January 2000, are 90.5 percent, 84.9 pe rcent, and 80 . 1 percent. 10 See Timothy Dunne, Mark J. Robert s, and Larry Samuelson, " Plant Turnover and Gros s Employment Flows in the U.S. Manufacturing Sector," Journal of Lahor Economics, vol. 7, no. I , 1989, pp 48-71; and Steven J . Davis, John C. Haltiwanger, and Scott Schuh, Job Creation and Destruction (Cambridge, MA, MIT Press, 1996). 11 See Patricia M. Anderson and Bruce D. Meyer, ""The Extent and Con sequences of Job Turnover," Brookings Papers on Economic Activity, 1994, pp. 177-236; Christopher L. Foote , ""Tre nd Employment Growth and th e Bunching of Job Creation and Destruction, " Quarterly Journal of Economics , vol. 11 3, No. 3, August 1998, pp . 809-34; and Spletze r, '·The Contribution of Establishment Births and Deaths to Employment Growth ," January 2000. 12 Another possible explanation for the difference between the statistics in this article and those of Davis and others, Job Crea tion and Destruction, 1996, is different time periods. It is possible that the late 1990s and early 2000s have higher gross job flow rates than the 1970s and 1980s. However, figure 8 of R. Jason Faberman , ""Gross Job Flows over the Past Two Business Cycles: Not all ·Recoveries ' are Created Equal, " BLS Working Paper no. 372, June 2004, show s that the gross job gains and gross job loss rate s for the manufactur in g sector are arguably lower in the 1990s than in previous decades. Monthly Labor Review November 2004 13 Early Results from JOLTS *·•~~\ "~"J~ The Job Openings and Labor Turnover Survey: what initial data show Early results from these new data series show trends that are in line with other surveys, both private industry and government, and allow for a more complete picture of the labor market Kelly A. Clark Kelly A. Clark is an economist in the Division of Administrative Statistics and Labor Turnover, Bureau of Labor Statistics. E-mail: JOLTSinfo@bls.gov 14 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis D ata on job openings and labor turnover are useful in understanding the U.S. labor market, the business cycle, and the economy in general. The Bureau of Labor Statistics (BLS) began publishing such estimates in July 2002. These data include a measure of unmet labor demand, which complements the broadest measure of excess labor supply, the unemployment rate, and yields a more complete picture of the labor market. Hires and separations, measures of labor turnover, track labor market movements over the course of the business cycle and allow individual businesses to compare their own turnover rates with the national rates . This article provides an overview of the estimates from the Job Openings and Labor Turnover Survey (JOLTS). 1 It briefly describes the JOLTS program, highlights what job openings and labor turnover data reveal about the labor market and the economy, and compares and contrasts the JOLTS series with other comparable data series to understand and, in part, validate movements in the JOLTS data. Ongoing and future uses for these valuable new data series are also discussed. The JOLTS program BLS has collected both job openings and turnover information in several different survey s during the past 50 years. However, these sur- November 2004 veys were short-lived due to budget cuts, and the scope was limited to certain industries or States. The current JOLTS program began in 1999 as a comprehensive survey of job openings, hires, and separations at a time when new data were needed to allow further analysis into the U.S. labor market and movements in the economy. 2 JOLTS collects monthly job openings, hires, and separations data from a nationally representative sample of 16,000 private and public business establishments. Job openings are collected as of the last business day of the month, serving as a snapshot of unmet labor demand for the month. Hires and separations are collected for the entire month and measure the flow of labor during the month. Total separations are the sum of three components: quits (or voluntary separations); layoffs and discharges (involuntary separations); and other separations resulting from retirements, deaths, and disability. The job openings rate is designed to complement the unemployment rate. There are three conditions for an opening to be reported in JOLTS, just as there are three conditions for a person to be considered unemployed. To be considered a job opening, a job must be currently available, work for the job could start within 30 days, and an employer must be actively recruiting to find someone to fill the job. To be considered unemployed, a person must be available for work, could start work immediately, and must be actively searching for work. JOLTS estimates were first released in July 2002, and monthly estimates are available beginning with December 2000. In addition to the national totals, seasonally unadjusted estimates are published for the private and public sectors, for 16 private industry divisions, and for 2 public industry divisions based on the North American Industry Classification System (NAics). Estimates for four geographic regions also are available. Seasonally adjusted estimates are available for job openings, hires, total separations, and quits at the total nonfarm level as well as for the regions and selected industry sectors. 3 Neither layoffs and discharges nor other separations showed a strong seasonal component, but these data series, as well as the remaining unadjusted industry series, will be re-evaluated periodically to determine if and when seasonal adjustment is possible. The JOLTS data series were first published as developmental because the estimates from the new program were subject to intense scrutiny and review, and BLS needed time to conduct a thorough methodological review before announcing the series as official BLS labor market statistics. In addition, the entire sample of establishments was not enrolled in the survey until January 2002, and collection methods were refined in March 2002 to help respondents more accurately report separations data. In April 2004, the developmental status was lifted, and seasonally adjusted data series were first released along with monthly press releases, which provided some analysis of the estimates. Also, the production process was altered to allow preliminary, or first closing, estimates to be released; previously, final, or second closing, estimates had been released. Even throughout the period when the series were classified as developmental, the individual series showed movements that were in line with other economic indicators and with the cyclical movement of the economy. Although BLS advises caution when using estimates prior to March 2002, those estimates are useful in evaluating the state of both the labor market and economy in general during the recessionary period and the beginning of the recovery. people who want a job already are employed. Unemployment tends to be low and openings tend to be high. However, when economic conditions worsen, employers are hesitant to post openings for "new" jobs, and the few openings for existing jobs tend to be filled quickly. Unemployment is usually higher due to reduced hiring and increased layoffs in response to weak demand. The Beveridge curve is the depiction of the relationship between job openings and unemployment over time, shown as an inverse relationship between the two rates, with movements along the curve distinguished from shifts of the curve itself. (See illustrations below.) Movement along the Beveridge curve Vacancy Rate Contraction UH,VL Unemployment Rate A shift in the Beveridge curve Vacancy Rate 1 \ -\ \ \ \ Labor demand and the Beveridge curve Statistics on job openings are a necessary complement to the BLS unemployment data for a complete picture of the labor market; job openings data represent unmet labor demand and unemployment data represent excess labor supply. The parallel concept of these two data sources allows direct comparisons. In theory, job openings should move in the opposite direction of unemployment over the course of the business cycle. In good economic times, the labor market tends to be tight, with employers searching for employees, but most https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ·, \+-improved matching efficiency \ reduced matching efficiency ·, ., ·, ·, ·, . \ ·,., ·, . ' ·, Unemployment Rate Movements along the curve are generally related to changes in the business cycle and the cyclical fluctuations of the demand for labor. Shifts of the curve are due to changes Monthly Labor Review November 2004 15 Early Results from JOLTS in the efficiency with which workers match with open jobs. These movements are based on changes in structural and frictional unemployment as the labor force changes and as industry and geographic trends influence the distribution of jobs. As matching efficiency changes, the curve moves closer to or further away from the origin. Even though the two movements are not independent, it is possible to distinguish them when graphing the Beveridge curve over long periods of time. 4 Although the JOLTS job openings series is rather short, a preliminary look at the Beveridge curve shows the expected inverse relationship between the job openings and unemployment rates. (See chart 1.) The correlation between the two series, at-0.80, is negative and significant, as expected. The chart shows that early 2001 was a period of low unemployment and high job openings. As the economy moved into recession, unemployment increased and job openings decreased. In the post-recessionary period, unemployment dropped slightly while job openings increased slightly. It appears as though there have been only movements along the curve (indicating changes in labor demand), rather than significant shifts in the curve (indicating changes in the efficiency with which open jobs match with workers), but a longer time series will be able to better distinguish the movements and yield more insight into the labor market changes during this period. The short time series also does not allow much analysis of the job openings rate prior to the start of the 2001 recession. Research has predicted job openings lead at business cycle peaks and lag at troughs. When sensing an economic downturn, employers generally first reduce job openings and hires before separating current employees, and as conditions improve, it is less costly to recall workers from layoffs than to begin recruiting and training new employees. The National Bureau of Economic Research ( NBER) dated the most recent recession as having started in March 2001 , and with the job openings series beginning in December 2000, it is impossible to determine the number of months that the job openings rate dropped before the official start of the recession. However, NBER declared the recession over in November 2001 , and it appears that job openings did not rebound strongly in 2002 or 2003 , indicating lagging at the business cycle trough. Chart 1 shows that the Beveridge curve may be looping back along itself in 2004, showing that job openings have begun to increase as unemployment has decreased. Job openings and unemployment levels When examining the unemployment and job openings esti- The Beveridge Curve, seasonally adjusted Job openings rate Job openings rate 3 .4 3 .4 3.2 3.2 3.0 3.0 2.8 2.8 2.6 2.6 2.4 2.4 2.2 2.2 2.0 2.0 1.8 3.6 1.8 4.0 4.4 4.8 5.2 Unemployment rate 16 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 5.6 6.0 6.4 mates, it is easy to see that the two series are at different levels, and another way to analyze the data series is to compare the two levels over time. Long before the United States had a representative survey such as JOLTS to collect job openings data, Katharine Abraham suggested that the number of persons unemployed is much larger than the number of job openings. 5 Her research showed the number of unemployed persons was indeed greater than the number of job openings at any given time, but the ratio did shift over time. In the mid-1960s, the ratio of unemployed persons to one job opening was approximately 2.5, which shifted to 4.0 in the early 1970s and then increased to 5.0 in the late 1970s. These ratios can be used in determining the "tightness" of the labor market. The ratio using the JOLTS job openings data ranges from below 2.0 unemployed persons for every job opening throughout the first half of 2001 , when the labor market was perceived as being relatively tight, to 3.3 in August 2003, when the labor market was seen as lagging the general economic recovery. Because of these types of direct comparisons, there already has been talk of a "jobs deficit," or the difference between the number of unemployed persons and the number of job openings. 6 It is important to remember that even with carefully constructed parallel definitions, the reference periods are both snapshots, but different: the week of the 12th for unemployment, compared with the last business day of the month for job openings. Job openings that first become open and are filled at any time before the end of the month are not included in the job openings estimates. In addition, the JOLTS definition of a job opening requires that a job be unfilled to be counted. Experience suggests that some companies post openings and fill jobs while the departing employee is still working, in order to train the new employee, and these openings would not be included in the JO LTS estimate. Another requirement for a job opening to be counted is that work could begin within 30 days. For industries such as education that tend to fill jobs well in advance of when work will actually begin (posting jobs and hiring in the spring for work to begin when school opens in the fall) , these openings will not be reflected in the JOLTS estimate. Furthermore, the survey that measures unemployment, the Current Population Survey ( CPS) , has a different scope than the JO LTS program. The CPS is a household survey that includes agricultural workers, unpaid family workers, domestic workers in private households, and the self-employed, all of whom are not covered by establishment surveys such as JOLTS. It is therefore better to compare the ratio of unemployed to job openings over time rather than focusing on how the levels compare at any one point in time. In addition, Abraham was careful to note that it is not necessarily optimal for there to be a one-for-one relationship between unemployment and job openings. 7 There are social https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis costs involved with unemployment (for instance, a 10-percent unemployment rate would not be considered optimal, even with a 10-percent job openings rate), and even if there were a one-for-one relationship at a point in time, the people looking for work may not meet the qualifications needed to fill the job openings, or the job openings may not be in the same location as the people looking for work. These frictions in the labor market (the source of frictional unemployment) keep job openings from being filled instantaneously. Job openings and the Help-Wanted Index From the beginning, the JOLTS program has tracked each data series against other available series to help analyze the validity ofboth long-term trends and month-to-month movements. The only other existing national measure of excess labor demand is the Conference Board's Help-Wanted Advertising Index (Help-Wanted Index). 8 With some manipulation, the Help-Wanted Index has been used in Beveridge curve analysis in the past. As a measure of the volume of help-wanted advertising in major newspapers from across the country, this index has been a good indicator when compared with unemployment. The job openings rate and the Help-Wanted Index, have trends that are roughly similar. (See chart 2.) However, the decrease from December 2000 to November 2001 was much sharper for the Help-Wanted Index, which experienced a drop of 42 percent, compared with a drop of 30 percent in the job openings rate. The differences in scope and definition between the Help-Wanted Index and the job openings rate may account for some of this difference. A change in the way employers advertise open positions also may help to explain; for example, if a large number of employers stopped posting advertisements in the newspaper in favor of advertising on one of the many Internet sites, the decline in the Help-Wanted Index would not represent an economic movement. In addition, JO LTS estimates from December 2000 through 2001 had larger measures of error than the 2002 and later estimates. Employers who place help-wanted advertisements in newspapers may not be representative of the national economy, as ads tend to vary by skill level, education level, and job type. Also, the growth of the Internet's popularity for job postings may have affected the number of newspaper advertisements in the long run. The Conference Board has investigated ways to take account of advertising on the Internet, but has not made any adjustments to the HelpWanted Index. The various job search sites on the Internet are new options for employers seeking workers, but no single site is comprehensive enough to be used as an indicator of labor demand. Issues of coverage, scope, the existence of multiple positions per ad, and fees for postings are obstacles in using Monthly Labor Review November 2004 17 Early Results from JOLTS 11i1111Ai1a The Help-Wanted Index, unemployme nt rate, and job openings rate, seasonally adjusted HelpWanted Index Unemployment and job openings rates 7 90 6 80 5 70 4 60 3 50 2 40 Dec. 2000 NOTE : Mar. Jun. Sept. 2001 Dec. Mar. Jun. Sept. 2002 Dec. Mar. Jun. Sept. 2003 Dec. Mar. Jun. 2004 30 Shaded area denotes recession . these sites as indicators. The Help-Wanted Index is not adjusted to account for multiple positions per ad, and there are no limitations on the types of ads placed in newspapers, some of which may be placed to gather resumes for future hiring. Neither JOLTS nor the Help-Wanted Index differentiates between full- or parttime openings, and neither includes occupational information or a measure of "good" jobs versus "bad" jobs or for low-wage versus high-wage positions. As the JOLTS program expands, questions related to these issues may be added to the survey. Labor turnover and the business cycle Thus far, the job openings data series has confirmed much of what previous research has suggested. However, some observers have been surprised by what the JOLTS hires and separations data series show, especially the amount of churning in the labor market each month. Net employment changes tend to be small from month to month, but there are millions of hires and millions of separations occurring each month at U.S. businesses. During the past decade, the annual employment change has averaged approximately plus or minus 2.2 million, but nearly 50 million hires and 50 million separa18 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 tions occur during any 12-month period in the past 3 years. These numbers dwarf the annual net employment change and help show the dynamism of the labor market. Information about labor market flows can therefore shed more light on how the economy works. Hires and separations estimates can be used along with other economic indicators in examining movements in the business cycle. Hires are procyclical, increasing when the economy strengthens and decreasing when the economy weakens. In examining employment and the hires rate, there is a significant correlation between the two series. This indicates that employers tend to control their employment level by altering their hiring patterns, as there are significant costs associated with separations. 9 When economic times are good, employers hire to replace employees who have separated and may hire for newly created jobs. During recessions, employers may hold back on hiring to replace separated workers until business conditions improve, rather than increase separations overall. There is a close trend movement between the unadjusted series of employment and the hires rate and the related movement of the quits rate, the largest part of total separations. (See chart 3.) In fact, the correlations between hires and employment and quits and employment are positive and significant. 10 As quits tend to behave Employment, hires, and quits, not seasonally adjusted Employment (in thousands) Hires and quits (in thousands) 134,000 8,000 133,000 7,000 / \ Employment I 6,000 /\ \ I I. / / • ,- • I 5,000 I .V.--· 4,000 ~ 3,000 . J : • ,_,' I I I •• r_. .,,.. ~-:. . • Hires / \ ✓ •• "'•• • • •• "' •• /, / I I/ / . .... /•··.·.• ••. . ......_ I I I I I .I'\ V •• ._ •• • 132,000 \ I I / / 131 ,000 l• • • • :,, -:. : ':._: I ••• : : . ,, . ..... ·••:: •• 130,000 / ~ 129,000 128,000 127,000 126,000 2,000 125,000 1,000 Dec. Mar. 2000 NOTE: Jun. Sept. Dec. 2001 Mar. Jun. Sept. Dec. 2002 Mar. Jun. Sept. Dec. 2003 Mar. Jun . 2004 124,000 Shaded area denotes recession . procyclically, increasing when the economy is strong (and thus as employment increases), the correlation with employment is positive. The movement of the separations rate is dominated by quits. In fact, quits have ranged from 51.3 percent of total separations in June 2003 to more than 60 percent in early 2001 and have averaged 54.7 percent over the course of the published data series. This is an important fact in examining how separations data move with the business cycle. Intuitively, separations would seem to be countercyclical; as economic conditions deteriorate, employers lay off workers. However, because of the dominance of quits among the three components of total separations, separations have behaved procyclically. Total separations have decreased during the current recessionary period, largely because of the decrease in quits over that period and despite the uptick in layoffs and discharges. (See chart 4.) Layoffs and discharges did increase during the recession, especially from June to October 2001, but perhaps not as much as media reports would indicate. Often, companies report a target number of"layoffs," but some companies may actually decrease their workforce through attrition and by decreased hiring during worsening economic conditions. Other companies may lay off workers in their factories over- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis seas before cutting jobs at U.S . plants. In other cases, planned layoffs never materialize. The other separations rate, which includes retirements, deaths, separations due to disability, and transfers to other locations of an establishment, has remained relatively stable over the course of the published series, fluctuating between 0.2 percent and 0.3 percent. A large proportion of other separations is thought to be retirements, and thus the demographic shift in the composition of the labor force may affect the other separations rate in coming years. As the baby-boom generation moves into retirement years, the result may be an increase in the other separations rate over time. Turnover estimates and other economic indicators As stated earlier, quits tend to decrease during recessions because workers' outlook toward finding another job worsens with deteriorating economic conditions. 11 As economic conditions worsened throughout 2001 and 2002, consumer confidence plunged, and fewer people quit their jobs than at the same time the prior year. (See chart 5.) The seasonally adjusted quits series shows a decrease throughout the published series, and the consumer confidence index exhibits the same downward trend as the quits rate over the course of the Monthly Labor Review November 2004 19 Early Results from JOLTS , Breakouts of total separations, seasonally adjusted Percent Dec. Mar. Jun. 2000 Sept. Dec. Mar. 2001 Jun. Sept. Dec. Mar. 2002 Jun. Sept. Dec. 2003 1.0 Mar. Jun. 2004 Shaded area denotes recession. The "all other separations" series is derived by subtracting quits from total separations . The layoffs and discharges and other separations series are not seasonally adjusted . NOTE : Consumer Confidence Index Quits rate 2.2 150 135 2.0 120 1.8 105 1.6 90 75 1.4 60 1.2 45 1.0 Dec. Mar. Jun . 2000 NOTE : Sept. Dec. Mar. 2001 Shaded area denotes recession . 20 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 Jun. Sept. Dec . 2002 Mar. Jun. Sept. Dec. 2003 Mar. Jun. 2004 30 series. The consumer confidence series shows something of a rebound in late 2003 and early 2004, perhaps signaling that quits may be expected to increase even further in late 2004. The correlation of quits and consumer confidence is 0.80, which is positive and significant. One of the only other data series providing a national turnover rate has been the Bureau ofNationalAffairs (BNA) quarterly Job Absence and Turnover report. 12 This long-running series provides results from approximately 300 U.S. member companies surveyed. The JOLTS total separations data trend with the BNA turnover series, but at a higher level partly because BNA does not include layoffs, job eliminations, or departures of temporary staff, whereas JOLTS includes all types of separation during the reference month. (See chart 6.) Although the BNA report provides a long time series for turnover estimates, the JOLTS program provides a timely and nationally representative indicator of turnover for both hires and separations. In addition, with a much larger sample size and a more inclusive definition of turnover, the JOLTS statistics are more reliable and useful. With the larger sample size, JOLTS is able to publish more industry detail. However, the BNA report publishes turnover rates by establishment size class, which JOLTS may pursue in the future because turnover rates appear to vary by establishment size. In mid-2003, BLS once again added to the national statisti- cal framework with data series showing what underlies net employment changes, the Business Employment Dynamics (srn). 13 Quarterly statistics on gross job gains and gross job losses also prove an interesting comparison to hires and separations flows. (See chart 7.) These series track net employment changes at the establishment level. A preliminary analysis has shown JOLTS total private hires and separations, summed for each quarter, have outpaced the gross job gains and gross job losses, which is as expected. The gross job gains and gross job losses are computed by comparing the employment level of the third month of each quarter. JOLTS measures each individual hire and separation that occurs during every month, and thus the data series are, by definition, higher than the gross job gains and losses series. For example, if an establishment's employment level was 10 in the third month of the first quarter and 10 in the third month of the second quarter, there would be no employment change and thus no effect on the gross job gains or losses. However, there may have been three hires and three separations in between those two points, which JOLTS data would reflect. Along with JOLTS, the Business Employment Dynamics statistics on gross job gains and gross job losses are additional tools to use in labor market analysis. The JOLTS data series will continue to be tracked against all of these data series over time. As with job openings, the JOLTS series of hires and ......... Bureau of National Affairs (BNA) turnover and total separations rates, seasonally adjusted Percent Percent 4.0 4.0 3.5 3.5 3.0 3.0 2.5 2.5 2.0 2.0 1.5 1.5 1.0 1.0 .5 .5 0 0 Dec. 2000 NOTE : Mar. Jun. Sept. Dec. 2001 Mar. Jun . Sept. Dec. 2002 Mar. Jun. Sept. Dec. Mar. 2003 Jun. 2004 Shaded area denotes recession. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 21 Early Results from JOLTS Quarterly Business Employment Dynamics gross job gains and losses and hires and total separations, seasonally adjusted In thousands In thousands 14,000 14,000 13,000 13,000 Total /Separ 12,000 12,000 11 ,000 11,000 Hire 10,000 10,000 9,000 9,000 8,000 8,000 7 ,000 7,000 6,000 II Ill IV 2001 NOTE : II Ill 2002 IV II Ill 2003 IV II 6,000 2004 Shaded area denotes recession . separations are more comprehensive and statistically reliable measures than other series currently available. However, because the data are collected from businesses, it is not possible to track employment flows of individuals. For example, if a person quits, there is no way of telling if they quit to move into another job, become unemployed, or leave the labor force. Surveys that track labor force flows over time, such as the BLS National Longitudinal Survey or the gross flows statistics from the BLS Current Population Survey, are more appropriate for those types of analysis. Combining these indicators with JO LTS statistics allows a more complete picture of the labor market for study and analysis. Future uses of JOLTS estimates Although the JO LTS program was designed to provide national economic indicators, there are several things the estimates do not provide. There is a demand for job openings by occupation and establishment size class, duration of vacancies, and openings at the State and metropolitan area level. Some industry or occupational associations have estimates of job openings, and several States are conducting a job vacancy survey, but there is no single comprehensive and statistically reliable source for this type of information. The JOLT S pro22 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 gram is currently investigating the feasibility of developing estimates by establishment size class and estimates for the total metropolitan and nonmetropolitan areas. Another future use for JOLTS estimates concerns analysis of wages. Using data serving as a proxy for job openings, researchers have found that job openings may be a better indicator of wage inflation than is unemployment. 14 This certainly should be an area for research once the JO LTS job openings series develops further. Econometric analysis involving wages (with data from the BLS Current Employment Statistics program), unemployment, and job openings, including other factors , will be required to investigate the strength and validity of the relationships. The job matching function has been of interest to researchers for several years, and wages also play a role in this analysis. The matching function relates the flow of new matches (hires) to the number of jobseekers (unemployed persons) and job openings. The results of job matching are easily observable from month-to-month changes in the job openings and unemployment data, but how jobseekers and employers with open jobs actually find each other is quite complicated. Factors such as wages, as well as external factors such as demographics, educational structu tT, and geographic concentration of industries all influence how open jobs and jobseekers are matched. 15 As proxies of job openings had been used in previous studies, analysis using the JOLTS job openings data will help further this area of research. It is apparent that there is a long list of research topics that job openings and turnover data can be used t? investigate. Alone or in combination with other national economic indi- cators, the new JOLTS data series already have yielded valuable information about the U.S. labor market and economy in general. The estimates have shown similar trends as other national economic series, and they will continue to be tracked over time as a validation exercise and as a research and analysis tool. D Notes 1 Job openings and labor turnover data, along with a brief analysis, are released monthly in a press release, on the Internet at: http://www.bls.gov/ jlt/. Selected data also appear in the Current Labor Statistics department of this publication each month. 2 For additional information about the development of the program, see Kelly Clark and Rosemary Hyson, "New tools for labor market analysis : the Job Openings and Labor Turnover Survey," Monthly Labor Review, December 2001, pp. 32- 37 . 3 Natural resources and mining, information, financial activities, and other services did not show strong seasonal patterns when seasonal adjustment diagnostics were first evaluated . 4 See Katharine G. Abraham, "Help-Wanted Advertising, Job Vacancies, and Unemployment," Brookings Papers on Economic Activity, no. l, June 1987, pp. 207-48; and Hoyt Bleakley and Jeffrey C. Fuhrer, "Shifts in the Beveridge Curve, Job Matching, and Labor Market Dynamics," New England Economic Review, September/October 1997, pp . 3- 19. 5 See Katharine G. Abraham, "Structural/Frictional vs . Deficient Demand Unemployment: Some New Evidence," American Economic Review, 1983 , vol. 73(4), pp. 708-24. 6 See Economic Snapshots, The Economic Policy Institute, Oct. 2, 2002 . 7 See Abraham, "Structural/Frictional," p. 708- 24. 8 For additional information about the Help-Wanted Advertising Index, see The Conference Board's website at www.conference-board.org 9 See Daniel S. Hamermesh, Wolter H.J. Hassink, and Jan C. van Ours, "Job Turnover and Labor Turnover: A Taxonomy of Employment Dynam- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ics," Anna/es D 'Economie et de Statistique, no. 41 /42, 1996, pp . 21 - 40, for their work concerning Dutch establishments; and John M. Abowd, Patrick Corbel, and Francis Kramarz, "The Entry and Exit of Workers and the Growth of Employment: An Analysis of French Establishments," Th e Review of Economics and Statistics, 81(2), May 1999, pp. 170- 87 , for their work concerning French establishments . 10 The correlation coefficient for hires and employment is 0.51 and for quits and employment is 0.44 ; both are significant at the 95 percent confidence level. 11 See Hoyt Bleakley, Ann E. Ferri s, and Jeffrey C. Fuhrer, "New Data on Worker Flows During Business Cycles," New England Economic Review, July/August 1999, pp. 49- 76 and Patricia M. Anderson and Bruce D. Meyer, "The Extent and Consequences of Job Turnover," Brookings Papers: Microeconomics, 1994, pp. 177- 248. 12 For additional information about the Job Absence and Turnover Report, please see the Bureau of National Affairs' website at www.bna.com 13 For additional information about the business employment dynamics, see James R. Spletzer, R. Jason Faberman, Akbar Sadeghi, David M. Ta Ian, and Richard L. Clayton, "Business employment dynamics : new data on gross job gains and losses," Monthly Labor Review, April 2004, pp. 29-42 . 14 See Katharine G. Abraham and James L. Medoff, "Unemployment, Unsatisfied Demand for Labor, and Compensation Growth in the United States, 1956-1980," National Bureau of Economic Research Working Paper Series, no. 781, October 1981 . 15 See Barbara Petrongolo and Christopher A. Pissarides, "Looking into the Black Box: A Survey of the Matching Function," Journal of Economic Literature, June 200 l , pp . 390-431 . Monthly Labor Review November 2004 23 Employment and wages for the U.S. ocean and coastal econom y Quarterly Census of Employment and Wages data provide new industrial and geographic views of the U.S. coastal and ocean economy over the 1990-2001 period Charles S. Colgan Charles S. Colgan is a chief economist with the National Ocean Economics Project and a professor of Public Policy and Management in the Edri 1und S. Muskie School of Public Service at the University of Southern Maine. E-mail : csc@usm.maine.edu 24 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A lthough national trends in employment have shown a marked shift away from manufacturing and natural re source extraction over the past 40 years, interest in the economic use of major natural re source s remains a matter of substantial concern. This has long been the case with agriculture, where the farm/ nonfarm di stinction is a staple of employment statistics. It is increasingly true of other resource s, including those of the oceans and Great Lakes. A substantial debate about how to manage those resources is about to be ~ngaged , driven in large part by two recent major reports, one from a private foundation and the other from a commission chartered by Congress . 1 The analysis of major natural-resource-oriented economic sectors is relatively straight-forward in most cases. Agriculture is well documented; it and minerals both have their own divisions within the Standard Industrial Classification ( S IC) system and the North American Industry Classification System (N A ICs ) . Forest products are well defined in SIC 24, 25 , and 26, and in several NAICS codes. Moreover, each of these resource industries is usually clearly defined geographically, with well-recognized agricultural , forest products, and mining regions. The analysis of the ocean economy, however, has none of these advantages. The ocean economy consists of activities measured in a number of industries, though none, with the exception of ship and boat No,1:..mber 2004 building , is a measured major industry or sector level. In the S IC codes, all are at the threeor four-digit level , and in the NAICS codes, most are at the six-digit level. The span of industries includes primary production, manufacturing, transportation, retail, and services. Moreover, while the ocean economy is concentrated in the 30 coas tal States (including the Great Lakes states), it is found throughout the United States. Seafood stores are found in Nebraska, and North Sails builds the sails for the America's Cup class boats at a sail loft in Nevada. Even within the coastal States, the ocean economy can be found in the largest cities and smallest towns , making it geographically specific, but across a wide range of regional economies. This article summarizes the results of a preliminary analy sis of the coastal and ocean economy of the United States over the 19902001 period. The analysis was conducted as part of the National Ocean Economics Project (No EP), which is funded by the National Oceanic and Atmospheric Administration (NOA A) to develop nationally consistent estimates of both the market-based and nonmarket-based economic values associated with the coasts and oceans. Employment and wage estimates are shown for the United States and the coastal States using the Quarterly Census of Employment and Wages (QcEw) employment series compiled from the BLS Longitudinal Database. A comparison of the ocean economy measured by SIC and NA IC S classifications is provided. Conclusions and suggestions for further research are presented regarding the use of QCEW data for the measurement of sectors involving complex multi-industry and geographic attributes. Defining the ocean and coastal economy In this article, the term "oceans" includes the Atlantic and Pacific Oceans, the Gulf of Mexico, the Great Lakes, and all States bordering these bodies of water. Federal ocean and coastal policies and programs are defined to include the Great Lakes region, so the creation of ocean-related economic data requires that the Great Lakes be included. There have been several earlier attempts to define an ocean economy, primarily by developing estimates for an ocean-related portion of the gros~ domestic product (GDP). 2 The earliest of these efforts occurred in the 1970s, when the U.S. Department of Commerce's Bureau of Economic Analysis identified the key dimensions for defining the ocean economy: industry and geography. Existing data must be organized using these two criteria while staying within the rules of confidentiality. A major issue with the level of industrial aggregation in published statistics is that confidentiality protections limit the availability of data for many of the three- and four-digit industries required for analysis of the ocean economy. In order to deal with these issues, establishment-level data must be grouped into new industrial and sectoral definitions, which can also be more descriptive of the ocean. (See exhibit 1.) Data for the ocean economy need to be referenced to both SIC and NAICS. (See exhibit 2.) Employment and wage data for the ocean economy are measured on a SIC basis for 1990 and 2000. For 2001, data are measured on both a SIC and NAICS basis for comparison purposes. Regardless of their location, some industries, such as ship building and seafood processing, are clearly connected to the oceans: others, including all of those in the tourism and recreation sector, are ocean related rmly if they are located near the shores of the oceans or Great Lakes. Fixing the geographic location of establishments in these industries is thus particularly important. Previous studies have relied primarily on location in shore-bordering counties to define an establishment as ocean related, but counties present some obvious difficulties from the perspective of defining an ocean economy. Counties come in very different sizes, from the relatively compact counties of States like Alabama and Mississippi to the sprawling areas of Los Angeles County or the boroughs of Alaska. Many county boundaries were fixed two or more centuries ago for administrative and political purposes, which may bear little relationship to modern concepts of ecosystem-based regions. Thus, the problem is to find a level of geography that is https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis considerably closer to the shoreline than county boundaries, but is also available on establishment records for identification purposes. Ideally, this could be done by choosing an appropriate distance boundary (for example, 5 kilometers) from the shoreline, and then selecting all establishments with street addresses within that distance. The selection of appropriate addresses is a straightforward task using modern Geographic Information Systems (G1s) software; however, establishment data in the QCEW series are not yet coded properly to permit this type of analysis. An alternative is to use the zip code of the establishment as the defining geography. Again using GIS analysis, zip codes can also be identified by their intersection with appropriate shoreline locations, and they appear on almost all establishment records. 3 Additionally, they meet the requirement of being considerably more compact than counties, particularly in large urban settings. Zip codes are increasingly used in the presentation of a variety of socio-economic data. For example, the Census Bureau publishes both population and housing data and employment data in zip code geographies. With the use of zip codes, the ocean economy can be defined by reference to industries whose production processes and products directly involve the use of ocean resources, or to industries that indirectly use ocean inputs by virtue of their physical location in a shore-adjacent zip code. There are disadvantages to using zip codes. They are fixed by the U.S. Postal Service (USPS) for their administrative convenience, and thus can have some rather odd shapes depending on the particular needs of the usPs. Unlike county boundaries, which are highly stable over time, zip code boundaries change from time to time, with new zip codes added as popu- Monthly Labor Review November 2004 25 U.S. Ocean and Coastal Economy Ocean economy sectors and Industries by sic and NA1cs codes NAICS NAICS code Construction Marine related construction Livipg resources Fish hatcheries and aquaculture Fishing Seafood processing ~ i \ft Minerals Limestone, sand, and gravel f< Oil and gas exploration and production industry (1997 NAICS) 237120 Oil and gas pipeline and related structures 237990 Other heavy and civil engineering construction 1629 112511 112512 114111 114112 311711 311712 Finfish farming and fish hatcheries Shellfish farming Finfish fishing Shellfish fishing Seafood canning Fresh and frozen seafood processing 0273 0921 0912 0913 2077 2091 2092 Animal aquaculture Fish hatcheries and preserves Finfish fishing Shellfish fishing Animal and m~rine fats and oils~,, Cann~d and cured fish and se~f6ods 212321 212322 211111 213111 213112 541360 Construction sand and gravel mining Industrial sand mining Crude petroleum and natural gas extraction Drilling oil and gas wells Support activites for oil and gas operations Geophysical exploration and mapping services 1422 1442 1446 1311 1321 1381 1382 1389 Crushed and broken limestone, Construction sand and grave Industrial sand Crude petroleum and natural gas Natural gas liquids Drilling oil and gas wells .. , OJI and gas fieitrexploration s~ ices . Oil and gas.field services, not elsewhe~ cl 3732 3731 Boat building and repair S~ip building an,drepair Ship and boat building Boat building and repair 336612 Boat building and repair Ship builq{ng and repair , 33661 I Sh,ip building and repair :i<\fu )f' Touri~m and recreation Boat dealers Eating and drinking places Hotels and lodging places Marinas Recreational vehicles, parks, and campsites Scenic water tours Sporting goods Amuseme.nt and recreation services Zoos ancl) iquaria Transportation Deep sea freight Marine passenger transportation Marine transportation !>tl VJCc'S' Search and navigation equipmf~t Warehousing SIC code " 1~,;; 441222 722 l I O 722211 722212 722213 721110 721191 713930 721211 Boat dealers Full service restaurants Limited service eating places Cafeterias Snack and nonalcoholic beverage bars Hotels (except casino hotels) and motels Bed and breakfast inns Marinas RV parks and recreational camps 487210 Scenic and sightseeing transportation, water 339920 Sporting and athletic goods manufacturing 487990 611620 532292 713990 Scenic and sightseeing transportation, other Sports and recreation instruction Recreation goods rental Amusement and recreation services, not elsewhere classified · 712130 Zoos and botanical gardens 712190 Nature parks and other similar institutions 483111 Deep sea freight transportation 483113 Coastal and Great Lakes freight transportation 483112 Deep sea passenger transportation 483114 Coastal and Great Lakes passenger transportation 488310 Port and harbor operations • 488320 Marine cargo handling 488330 Navigational services to shipping 488390 Other support activities for water transportation 334511 Search, detection, navigation, guidance, aeronautical and nautical system, and instrument manufacturing 493110 General warehousing and storage 493120 Refrigerated warehousing and storage 493130 Farm product warehousing and storage 26 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 5551 5812 Boat dealers Eating places 7011 Hotels and motels 4493 7033 Marinas Recreational vehicles, parks, 3949 7999 Sporting and athleti.c goods classified Amusement and•tecreation s 8422 Zoos and aquaria; 4412 4424 4449 4481 4482 4489 4491 4492 4499 Deep sea foreign transportation.of frei Deep sea domes!ic. transport~ti<;,?g, of fre Water transportation of freightt not ds Deep sea transportation of passengers e Ferries Water transportation of passengers, not M~dne cargo hapdling Tdwing and tugboat serviceJ Water transportation services, not else 3812 Search, detection, navigation, guidance, aeronautical and nautical system, and iqs~rument man 4225 4222 4221 General warehousing and storage Refrigerated warehousing and storage Farm product warehousing and storage .t: kt :,~r,··:0~ lation and economic growth occurs. This implies the need for continual monitoring of the zip code administration process to assure use of appropriately dated codes. Employment and wages Private ocean economy (sic basis), 1990 and 2000 Ocean economy sector 1990 Total ..... .... ....... ... .... .. .... .................. Construction ............. ....... ..... .. .......... . Living resources ... ... ..... .. ... .. ...... ..... ... Minerals ... ......... .. ....... ..... .... .. ......... ... . Ship and boat building ...... ...... .. .... .... Tourism and recreation .... .. ... .......... .. Transportation .. .... ........ ...... ..... .... ..... . Establishments Employment Wages (millions of current dollar;;) 91 ,203 2,144 5,098 1,829 3,192 71 ,958 6,982 1,924,014 30,198 71,819 45 ,099 230,097 1,182,809 363,992 $38,064 937 1,540 1,860 6,564 13,447 13,716 In total in 1990, the ocean sector employed 1.9 million people in wage and salary employment and grew to 2.3 2000 Total ........ ........ ........ .... ..... .............. 116,736 2,279,006 $55,704 million in 2000. Two sectors are exConstruction ... ..... .. ... .. ...... .. ... ..... ....... 2,064 31 ,835 1,364 cluded from the analysis at this time Living resources .. ... ... ..... .......... ...... .. . 62 ,184 4,580 1,838 Minerals ....... ........ ........ ...... .. ... .... .. .. ... 1,984 40 ,097 2,432 - government and scientific research Ship and boat building ............... .. .. .. . 3,684 176,098 6,952 - because of data limitations.4 (See Tourism and recreation ....... ..... ..... .... 95 ,850 1,672 ,156 27 ,292 Transportation ...... .. .... ........ .... ... .... .. .. 8 ,572 296,634 15,826 tablt: 1.) This growth in employment of 355,000 over the period , or 18.5 Nominal wages Establishments Employment (millions) percent, was significant, and actually slightly exceeded the national growth Change 1990-2000 rate of 18.2 percent for wage and salTotal ... ...... .... .... .. ... .... ..... ... .... .. .. .. ... 25 ,533 354,993 $17,640 Construction .. ... ......... ... ... ... ..... .. ...... .. -80 1,638 427 ary jobs. Total wages and salaries meaLiving resources .. ....... ... .. ...... ......... ... -518 -9 ,636 298 sured in current dollars grew by 46.3 Minerals .. .... ............ ... ... ............. ....... . 155 -5,002 572 Ship and boat building ................ .. ... . 492 -53 ,999 388 percent, substantially lagging behind Tourism and recreation ...... ...... .. ....... 23,892 489 ,346 13,845 the national growth of 76.2 percent. Transportation .. ... ........ .................... .. 1,590 -67 ,357 2,110 The average wages in the ocean Percent change 1990-2000 sector rose from $19,784 to $24,442 Total .... ....... .... ... .... .......... ... ...... ..... . 28.00 18.50 46.30 Construction .......... ...... .... .... .. .... .... .... -3.70 5.40 45.60 per year in nominal dollars. (See table Living resources .. ....... ....... .... ........... . -10.20 -13.40 19.30 2.) This growth rate of 23.5 percent Minerals .... ..... .... ..... .... .... ..... ........ ... ... -11 .10 8.50 30.80 Ship and boat building ... ....... ..... .... ... -23.50 15.40 5.90 also lagged significantly behind the Tourism and recreation .... .... .. .... ... ... . 33.20 41.40 103.00 U.S. nominal growth rate in average Transportation ...... .. .. .. ............. .. ....... . -18.50 22.80 15.40 wages of 48.6 percent. While three of SouRcEs: Bureau of Labor Statistics, Bureau of Economi c An alysi s, and National Ocean Economi cs the five ocean economy sectors pay Project. average wages above the national average wage, the overall average wage in the ocean economy lagged the U.S. average wage by more • Productivity increases in the marine transportation and than $3,500 in 1990 and by more than $10,000 in 2000. oil and gas exploration and production industries, in One major trend explains 'the observed changes in the which capital investments resulted in a significantly ocean economy and its rel ationship to the U.S. economy : reduced demand for labor. the dominance in both size and growth of the tourism and • Declines in U.S. fi sheries from overfishing pressures.5 recreation sector. The touri sm and recreation sector was the only ocean economy sector to show any significant These large job losses were more than offset, however, by an increase of 43 8,000 jobs in tourism and recreation, an inemployment growth over th e 1990-2000 period. As ide crease of more than 40 percent during the decade. The leadfrom a small increase in jobs in the marine construction indu stry, which is heavil y influenced by cyclical factor s ing States in employment growth in touri sm and recreation were along the Gulf of Mexico, including Louisiana, Missisand the choice of endpoints, the ocean economy lost sippi , and Alabama, with more than 150 percent growth in 136,000 jobs in the nontouri sm and recreation sectors. each State. 6 It should be noted that this estimate of the growth There are a number of reasons for the se job losses, but three predominate: of ocean touri sm and recreation employment is an underestimate of actual growth because it excludes self-employment. • Post-cold-war shifts away from the military, which However, ocean touri sm and recreation employment greatly affected ship building and search and navigagrowth does not pay the same level of wages as the other sectors. Average annual wages are less than half of the U .S. tion equipment manufacturing. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 27 U.S. Ocean and Coastal Economy -••1•11=--- Average annual wages, 1990 and 2000 Percent change, 1990-2000 Ocean economy sector 1990 2000 Total ............................... Construction ...................... Living resources ................ Min8rals ... ... ... .... ...... ... .... ... Ship and boat building ...... Tourism and recmation .. ... Transportation ...... .. ........... $19,784 31,029 21,443 41,243 28,527 11 ,369 37 ,682 $24,442 42,846 29,557 60 ,653 39,478 16,321 53 ,352 23.5 38.1 37.8 47.1 38.4 43.6 41.6 Average U.S. wages ...... .. .. 23,322 34 ,647 48.6 average wage, and are only two-thirds of the average ocean economy annual wage. The dominance of tourism and recreation employment in the ocean economy employment picture accounts for the lower overall wages in the ocean economy compared with the United States as a whole. Of the other ocean economy sectors, only the living resources sector pays below the U.S. average wage. The average annual wage figures shown here do not represent an accurate measure of actual compensation because of the highly seasonal nature of work in the ocean tourism and recreation industry. All States except Florida show peak employment in tourism and recreation in July and August (Florida peaks in March), and on average in 2000, employment was 10 percent in the summer higher than the annual average. In some States, such as Maine, the differential was as high as 35 percent. This high level of seasonal employment naturally results in low annual average salaries. Even taking seasonality into account, the wages and salaries in the tourism and recreation sector are below average and account for the combination of rapid overall employment growth, but much slower overall wage growth. When measuring the ocean sectors and industries for 2001 under the sic and NAICS definitions, the ocean economy is smaller by about 400,000 jobs under NAICS. (See table 3.) The principal differences arise in ship and boat building and oil and gas exploration and production, primarily due to the separation of establishments between production-related and service-related functions. The ocean economy under NAICS is somewhat smaller for several reasons. First, there is increased precision in the indu strial definitions of the ocean economy, as illustrated in two areas: hotels and general warehousing. Under NAICS, hotels attached to casinos are now included in their own classification. Although there is significant employment in casinos located near the shore (the largest such area is Atlantic City, NJ), it was decided to exclude these hotels from the ocean sector. Under general warehousing, warehouses in the near shore area are included in the transportation sector as these are usually tied to the movement of freight by water. Thi ~ classification under sic also included mini-warehouses 28 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 and self-storage facilities that were largely unconnected with marine freight; under NAICS, these facilities can be excluded from the analysis. NAICS also class ifies establishments based on the principal functions of the establishments rather than the firm or parent organization. Thus, in the manufacturing sector, for example, establishments involved in production are classified in manufacturing , and establishments in administration are in services; this reduces the size of manufacturing sectors, and increases the size of service sectors. The manufacturing sectors, such as ship and boat building, are measured under the NAICs-based ocean economy, but administrative establishments in the NAICS professional and business services sector are not included in the ocean economy. The coastal economy There is a distinction to be drawn between the ocean and the coastal economy. The former is defined by its use of ocean resources as direct or indirect inputs; the latter is defined purely by geography as the sum of economic activity taking place within the coastal region. However, the term "coastal" is ambiguous. It certainly encompasses the shoreline itself, but how far inland the "coast" extends depends on the purposes for which a definition is being offered. The term "coast" is used variously to describe the actual land-water boundary, the area adjacent to the land-water boundary, the areas surrounding estuaries, the land to the head of tide on some rivers, the land " within a day's drive" of the shore, or all the land within the watersheds of rivers. By the latter definition, almost the entire land area of the United States, excluding only the Great Basin, could be considered coastal. Defining the coast necessitates a compromise among political, administrative, and natural boundaries. The approach taken defines the coast as having three tiers: • Near shore region -This is defined by zip codes adjacent to the shores of the oceans, Great Lakes, and major bays. The selection of these zip codes is discussed in greater detail in the section below on the ocean economy. • Coastal zone counties - Coastal zone counties are any county that includes in whole or part the area under the jurisdiction of the Coastal Zone Management Act (CZ MA) of 1972, as defined for that purpose by each State participating in the program. Four States include the entire State in the coastal zone (Rhode Island, Delaware, Florida, and Hawaii). Nine States (Washington, Alaska, Texas, Louisiana, Georgia, South Carolina, North Carolina, Virginia, and Maryland) define their coastal zones using county or county-equivalent boundaries. Other States use various combinations of political (such as town boundaries) and geographic features (adjacency to tidal waters) to define their coastal zones ■ r•1•ir=--- C omparison of ocean economy sectors and industries measured by sic and Se ctor and industry Establishments NAICS, 2000 Employment Wages (millions) SIC NAICS 118,451 102,305 2,208,861 1,866,355 $59,165.5 $43,165.9 Construction Total .......... ...... ..... .... ...... ............. .......... ..... .. .. .. ... ... .... . Marine related construction .. ..... .. ... . 1,919 1,919 1,702 1,702 30,992 30,992 24,304 24 ,304 1,421.9 1,421 .9 1,149.6 1,149.6 Living resources Total ..... .. .... ..... ................... ... ........ .. .. .. .... ... ........ ....... Fish hatcheries and aquaculture .... ..... .......... ......... ... .. .. Fishing ..... ..... .. ........ ..... ................ ..... .... ..... ........ ... ..... .... . Seafood processing ............. ..... ... ....... ................ .... ..... .. 4,177 601 2,304 1,272 4,009 658 2,290 1,061 60,492 4,756 6,175 49,562 53,573 5,044 5,779 42 ,751 1,754 .5 117.4 240.8 1,396.2 1,455.1 123.1 221.2 1,110.7 Minerals Total .. ........ ..................... ..... ... .................... ....... .. ..... .. . Limestone, sand, and gravel ..... .. ..... .. ..... .. ... .... ... ..... .. ... . Oil and gas exploration and production ... .. .... ... .. .. ....... .. 6,404 280 6,124 1,217 276 941 111 ,839 4,883 106,957 24,493 4,744 19,749 10,450.0 218.4 10,231 .6 1,612.4 212.4 1,399 .9 Ship an d boat building Total .. ... .... .... ...... ......... ................. ..... ......................... . Boat building and repair ....... ....... .... ........ ..... ..... ............ . Ship building and repair ...... ......... ... .................. ........ .... . 3,759 2,954 805 1,942 1,303 639 168,146 51 ,886 116,260 154,504 43 ,284 111 ,220 6,987.8 1,592 .0 5,395.8 6,522.3 1,329.5 5,192.7 93, 189 6,578 2,032 70,825 10,599 1,947 643 402 163 87 ,818 4,747 2,029 65 ,990 10,520 1,944 642 417 162 1,367 1,602,614 114,175 15,395 1,084,479 353,472 13,944 4,762 8,472 7,914 1,415,635 44 ,399 15,390 1,012 ,925 299,624 13,869 4,747 8,363 8,194 8,124 26 ,831 .1 2,648.4 498.9 14,824 .7 7,853.6 386.8 84.7 350.4 183.6 .0 22,284 .0 874.8 498.4 13,421 .9 6,240.7 385.4 83.9 342 .0 262 .1 174.8 9,003 935 997 3,638 174 3,259 5,617 625 212 3,205 165 1,410 234,778 33,756 25,715 95,005 34,564 45,738 193,847 20,313 13,155 91 ,217 34,453 34,709 11 ,720.3 2,055.0 886.5 4,470.4 2,869 .8 1,438.6 10,142.6 1,348.3 559 .5 4,235.8 2,861 .0 1,137.9 Total ocean economy ... ..... . Tourism and recreation Total ....... ...................... .... ... . AI11u::;ernent and recreation services .. ... ............ ..... ... .. .. Boat dealers .......... ......... .. ..... .... ........ ......... .............. .... .. .... .. ...... ... .... ... Eating and drinking places ..... Hotels and lodging places ...... .. .. ... .... .... ... ...... ..... .... ... ... . Marinas ....... ... ... ...... .... ... ... ...... ... .. ...... .... ............. ........ ... Recreational vehicles, parks, and campsites ........ ..... ... Sporting goods .... .. ............ .. ... ....... .... .. .......... ... ......... .... . Zoos and aquaria .. ............ .... ... .... .... ........ ..... .......... ..... .. Scenic tours . .... .... ... ..... ..... ...... ..... .. .... .... .... ..... ...... ... ... . Tra nsportation Total ........ ..... ... ... ... .... ..... .... ... ... ......... .... Deep sea freight ........ ..... ..... ........ .. .. .... ....... ... .. ... ...... ..... . Marine passenger transportation ... .... .. .... .... .... ..... ..... ... . Marine transportation services .. ....... ..... .. ..... ........ ....... . Search and navigation equipment ..... .... .. ..... .... .... .. ... .... Warehousing ..... ... ... ... .. ....... ...... ....... ..... ... .. ... ...... ...... ..... SIC NAICS SIC NAICS NoTE : Data exclude Massachusetts, which does not permit access to their establishment level data. Dash indicates data not available. for purposes of the CZ M A . All counties that, in such circumstances , include territory defined as the coastal zone are included in this category. Coastal zone counties were identified using G IS . Data showing the boundaries of each State's coastal zone were obtained from NOA A 's Office of Coastal Resource Management and overlaid on Census Bureau county boundary data to detrrmine the intersection. In the case of Illinois, which does not participate in the CZ M A program, Cook County was included to provide for nationally consistent totals. • Coastal watershed counties - These are defined by the U.S . Geological Survey (usGs) as the coastal zone counties plus counties that include the headwaters of coastal rivers. This definition excludes major continental river systems such as the Mississippi-MissouriOhio system. 7 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis When analyzing employment growth over the 1990-2000 period in these three tiers of the coastal economy plus the coastal States, population growth is included for comparison because it is traditionally the principle variable employed when discussing socio-economic change within the coastal region. 8 (See table 4.) Table 4 shows that employment growth was faster than population growth in the country as a whole , but the differential was larger in the coastal areas, however defined. The difference was largest in the near shore area, where employment growth was more than three times faster than population growth. In fact, while the near shore areas showed the slowest population growth, they showed the fastest employment growth. This is an important finding, because most of the discussion about socio-economic change in coastal areas focuses Monthly Labor Review November 2004 29 U.S. Ocean and Coastal Economy exclusively on population growth. The addition of employment growth to the picture of economic growth in the coast shifts attention away from the effects of population growth alone to the effects of economic growth as a whole. Another important characteristic of the coastal economy, as distinct from the ocean economy, is that it is a high value economy. (See table 5.) Not surprisingly, the near shore area is the densest in terms of employment and establishments. However, it also pays the highest wages per acre, in fact more than twice the U.S. average wage per acre, and 80 percent higher than the total wages per acre in the coastal States. This makes the near shore region one of the most valuable economic regions per acre in the United States. QCEW DATA provides two different views of the national economy that have not been available before. One is industrial, based on the ocean economy and its resources. While estimates of the ocean economy have been available previously, the use of the QCEW data provides both a more complete picture of the ocean economy by extending the measurement to employment and wages, and also allows State and even sub-State views of employment and wages in this sector. The data reveal a natural resource economy in the midst of substantial changes, which amplify larger trends in the economy. The measurement of the ocean economy under both sic and NAics also demonstrates the increased precision available under NAICS, as well as some of the drawbacks of all economic taxonomies. The other new view is geographic , showing both the rapid growth and the economic importance, which has not been visible heretofore , of the near shore area. This use of the THIS USE OF - • • • 11 ~ · • Population and employment change in coastal regions, 1990-2000 [Percent] Regions Population Wage and salary employment United States .... ......... .. ... ..... ... Coastal States ......................... Coastal watershed counties .... Coastal zone counties .. ..... ..... . Near shore .. ... .. ... .............. ..... . 13.2 12.3 11.2 11.5 10.9 20.8 31 .3 23.7 22.8 35.1 ■ l••• -~- Economic activity per acre in coastal regions, 2000 Regions Establishments Employment Wages (millions) Total United States .. . - 14.4 $0.53 Total coastal States .. Coastal watershed counties .... ............ Coastal zone counties .......... ...... Near shore .. ... .......... 1.25 19.4 .70 1.70 26.9 1.03 1.69 2.51 26.0 34.3 .99 1.26 NorE: Acreage data are from the Census Bureau and reflect acres of land , excluding water bodies and wetlands . Dash indicates data not available. QCEWdata demonstrates clearly what will undoubtedly be a growing trend in the use of labor statistics over the next decade: the integration of economic data into new geographic datasets required as Geographic Information Systems technologies become more widespread. This will present those involved with the collection and distribution of economic data with new challenges to provide meaningful data while still meeting the strict standards of confidentiality required of all federal statistics programs. D Notes 1 See America's Living Oceans: Charting a Course for Sea Change (Washington, Pew Oceans Commission, May 2003) and An Ocea n Blueprint for the 21 s' Century: Report of the U.S. Commission on Ocean Policy (U.S. Commission on Ocean Policy, September 2004), on the Internet at www.oceancommission.gov 2 See Gross Product Originating from Ocean-Related Activities (Bureau of Economic Analysis, 1974); G. Pontecorvo and others, " Contribu tion of the Ocean Sector to the U.S . Economy," Science 208, May 30, 1980, pp. 1000- 06; and Gross Product Originating from Ocea n Related Activities: 1972 (Bureau of Economic Analysis, 1972). 3 Three addresses appear on each QCEW record: a physical address, a mailing address (often a post office box), and an unemployment insurance address, which is used when another party (for example, a corporate headquarters or payroll service) files the required employment reports. While a physical addres s is required, it is not always present on the record filed by employers. In such cases, the mailing address is used, and if that is absent, the unemployment insurance address. 4 The problem with both sectors is that ocean-related activities are embedded within larger organizations and the specific ocean-related components cannot easily be separated from those organizations. At the federal level, it is relatively easy to identify the Navy, Coast Guard , or NOAA, but other agencies are much more difficult. Both the Environmental Protection Agency and Army Corps of Engineers have substantial programs 30 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 that are ocean and coastal related, and the standard budget reporting does not permit these to be easily identified . The problem is greatly magnified at the State and local government levels. Most scientific research on the ocean takes place within universities, which do not necessarily separate ocean from nonocean research in their reporting. Development of specific employment and related data for this sector will require a significant investment in research in individual programs. 5 The QCEW data series does not contain data for employment in the fisheries harvesting sector, because firms in this sector are excluded by law from the unemployment insurance system. Such firms operate on a " lay," or share of catch payment system, rather than traditional wages. 6 Mississippi's high rate of growth owed much to the establishment of a number of casinos in the coastal region over the 1990s. As noted in the discussion on the distinction between the sic and NA1cs codes, the sic definition of hotels included casinos, while the NAICS definition permits casino hotels to be separated from other hotels. The high rate of growth in Mississippi ocean tourism and recreation is thus somewhat ambiguous. 7 There are 412 coastal zone counties and 669 counties. Lists of these counties are on the Internet at www.oceaneconomics.org 8 Data exclude Massachusetts, which does not permit access to their establishment level data. · ,>~l~h~~ Industry Productivity under NAI■ ~> Industry productivity trends under the North American Industry Classification system The NAICS classification system presents a more consistent framework and a conceptual improvement for productivity measurement; while performance varied by industry, NA/CS-based productivity measures show strong overall productivity growth during the 1990s and again after 2001--especial ly in manufacturing, trade, and in the newly defined information sector Matthew Russell, PaulTakac, and Lisa Usher Matt Russell and Paul Takac are economists, and Lisa Usher is Chief of the Division of lndustryProductivity Studies, in the Office of Productivity and Technology, Bureau of Labor Statistics. E-mail : Russell. Matthew @bis.gov Takac.Paul@bls .gov Usher.Lisa@bls.gov https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis T he Bureau of Labor Statistics has recently completed converting its industry labor productivity measures to the North American Industry Classification System (NAICS). 1 The conversion mirrors efforts of the entire U.S. statistical system to more closely reflect the Nation's changing economy by better identifying service industries and new and emerging industries. This article describes the conversion effects on the industry productivity data, focusing on industry structure and data availability, and the resulting trends in industry labor productivity and related measures. NAICS replaces the existing Standard Industrial Classification (SIC) system that had been in use since the l 930s. 2 While the SIC system was revised periodically over the years to reflect changes in the economy 's industrial composition, its structure remained the same as first established in the 1930s. The focus remained on the goodsproducing industries, particularly those in the manufacturing sector, which was prominent when the SIC was first introduced. The most recent major revision to the SIC occurred in 1987, and rapid changes since then in both the U.S. and world economies necessitated additional changes by the mid 1990s. The adoption of the North American Free Trade Agreement in 1994 highlighted the need for cooperation between the United States, Canada, and Mexico. The NAICS classification system was developed as a cooperative effort by the statistical agencies of these countries during the mid 1990s. The goal was to provide an improved industry classification sys- tern that would offer common industry definitions based on a unified economic concept for the three countries-and which would give special attention to service industries and to new, emerging, and advanced-technology industries. Industry productivity measures The Bureau of Labor Statistics has been measuring productivity for more than 100 years. A study of 60 manufacturing industries was published in 1898, and various other studies were conducted over the following years. Today's industry productivity program began in 1941, after Congress authorized the Bureau to undertake continuing studies oflabor productivity. In 1959, BLS began producing labor productivity measures for the total private economy and major sectors on an annual basis; quarterly measures of these series were introduced in 1968. 3 Labor productivity indexes measure the changes in the amount of goods or services produced relative to the labor hours used in producing that output. The indexes are calculated by dividing an index of output for an industry by an index of hours for that industry. Labor productivity measures reflect the joint effects of many influences-including changes in technology; capital investment; the use of purchased energy, materials, and services; the organization of production; capacity utilization; managerial skill; and the characteristics and effort of the workforce. The conversion of the industry productivity measures to conform to the NAICS cla~sification Monthly Labor Review November 2004 31 Industry Productivity under NAICS system is one in a serie s of recent improvements to the Bureau's industry productivity measurement efforts that began in the 1990s. In 1998 , industry coverage was expanded to include labor productivity measures for all three- and fourdigit SIC manufacturing industries. Compensation and unit labor cost measures for three-digit SIC industries were devel oped and published in 1999. In 2000, multifactor productivity measures were published for all three:.digit SIC manufacturing industries. Industry labor productivity and cost measures were extended to cover all three- and four-digit SIC retail trade industries in 2001 , and in 2002 for all three-digit SIC wholesale trade industries. During thi s time, the adoption of superlative, chain-weighted indexes for calculating output was accompanied by other changes aimed at streamlining and standardizing the industry labor productivity series.4 The transition to NAICS caused a di scontinuation of the historical SIC-based data used for measuring industry productivity. In order to maintain consistent, continuous series for measuring industry productivity trends, the historical SICbased industry measures were converted to a NAICS bas is back to 1987. Converting industry productivity and cost measures to NAICS involved the separate conversion of output, employment, hours, and compensation for each industry. 5 Some NAICS industries are the same as their SIC counterparts, so that no special adjustments to data had to be made to convert the output measures. 6 For some other industries, the addition or removal of one or more products was all that was needed to convert the output measures to a NA ICS bas is. For other industries, however, constructing NAICS output series required greater data adjustments. In most cases where a NAICS industry was not a direct match to a corresponding SIC industry, the NAICS output series were derived by applying a constant conversion or " bridge" ratio to the entire historical series (see Appendix for details). These historical NAICS estimates thus are based on the assumption of fixed historical relationships between the SIC and NAICS series. Such an assumption may not be appropriate, particularly for new, emerging industries. 7 Revisions to current estimates based on ongoing research may be incorporated in future updates as more and better information becomes available. NAICS reclassification NAICS represents a completely new system for classifying industries.8 NAICS uses a six-digit code that is hierarchical like the SIC code, but is unrelated to the SIC code. In the six-digit NAICS code, the first two digits identify the sector; the third digit designates the subsector; the fourth designates the industry group; the fifth designates the international industry; and the sixth digit designates the national industry. (When the U.S. industry is the same as the five-digit NAICS industry, 32 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 the industry has a zero as the sixth digit.) The six-digit codes provide greater flexibility than the SIC, allowing for international comparability of industries at the five-digit level while still permitting individual countries to identify unique sixdigit national industries. There are fundamental differences between the NAICS and SIC systems, and some of the differences have important implications for the measurement of industry productivity. For example, NAICS represents a systematic restructuring of the industry economic classification system. NAICS creates a consistent system that classifies establishments based on similarities in their production processes. This approach considers the way an establishment uses its production technology to produce its final output. The SIC was less unified in its approach: SIC industry classifications were sometimes based on supply -s ide factors such as the nature of the production processes, while at other times were based on demand-side or market-based factors such as the nature or uses of the final products. Because productivity measures attempt to capture changes in the efficiency with which industries use their inputs to create final goods or services, the NAICS system of grouping together establishments with similar production processes represents an important improvement over the SIC classification system. NAICS also differs from the SIC in its treatment of auxiliaries. NAICS classifies auxiliary units involved in management or support activities such as transportation, warehousing, accounting, payroll , or general management services into specialized industries rather than including them in the manufacturing, trade, or service industries they support, as in the SIC. This change also has an impact on the industry productivity measures. Under NAICS, the hours of workers employed in a headquarters office or a warehouse facility of a manufacturing firm , for example, are no longer counted as hours of the manufacturing industry. This reduces the overall number of workers in the manufacturing industry and increases the concentration of workers directly involved in the manufacturing process. As a result, the trend in labor hours (and therefore the trend in labor productivity) may be different for the manufacturing industry under NAICS, even if the output of the industry is classified the same as the SIC industry. As employment and hours of auxiliary establishments are reclassified into management and support industries under NAICS, the levels of employment and hours will be lower in the industries where they used to be classified. However, the effect on the trends in industry hours depends on how the growth in employment and hours of these auxiliary workers compares to that of the workers in the industries where they were previously class ified. In addition to this different industry structure, the NAICS system differs from the SIC system in its increased industry detail, as well as its greater focus on service industries and emerging and high-tech industries. This shift in focus toward the service sector, which reflects the declining importance of manufacturing and the growing importance of services in the national economy, also has implications for productivity measurement. While NAICS adds industry detail, the increased detail does not translate into an immediate increase in industries for which productivity measures are available-for several reasons. Much of the industry detail that was added under NAICS is in service industries where productivity measurement is currently not feasible. For many of these industries, reliable data for measuring output or labor input have not been collected. For some industries, lack of data is further complicated by conceptual issues regarding the proper measurement of output. 9 For other industries, data have recently begun to be collected but are available for only a few years. Furthermore, in some sectors such as manufacturing, where data availability for detailed industries was excellent under the SIC, the conversion to NAICS has reduced the number of industries for which reliable source data are available. Data have been discontinued for some detailed industries under NAICS, or are available only for combinations of industries. This decline in the availability of historical industry data limits the number of NAICS industries for which labor productivity measures can be calculated. Within manufacturing, for example, data limitations reduced the number of detailed industries to 132 five-digit NAICS industries and 148 additional six-digit NAICS industries--down from 458 four-digit SIC industries. 10 Manufacturing also was affected by a reduction in detail at the four-digit NAICS "industry group" level. Although the Bureau continues to publish labor productivity measures for all manufacturing industry groups, the number of these groups dropped from 140 three-digit SIC groups to 86 four-digit groups (the comparable level of detail) under NAICS. finance and insurance, real estate and rental and leasing, professional and technical services, accommodation and food services, and other services. As shown in table 1, employment coverage of the industry productivity measures varies for these other sectors. The conversion to NAICS resulted in the emergence of several newly defined industries and sectors and the reorganization of some industries between sectors. For example, a new information sector was created under NAICS , bringing together industries involved in producing and distributing information and cultural products-industries that, under SIC , had been spread across the manufacturing, communications and utilities, and services sectors. The manufacturing sector lost several publishing industries that were reclassified into the information sector, and also lost the logging industry, which was transferred into the agriculture, forestry, fishing, and hunting sector under NAICS. The conversion to NAICS also resulted in the creation of a new accommodation and food services sector, as eating and drinking establishments were reclassified out of retail trade and grouped with hotels and other lodging places. In addition, under NAICS the criteria for defining wholesale and retail trade industries changed: whereas the SIC system focused on the class of customer, NAICS considers the method of selling. As a result, establishments were reclassified from wholesale to retail trade and vice-versa. These various changes are reflected in the NAICS industry productivity measures. Because of the structural changes in industry classification that accompanied the conversion to NAICS , measures of NAICS industry employment, hours, output, compensation and Employment coverage of BLS industry labor productivity measures by sector, 2001 NAICS sector Sector title Employment coverage (percent) Private nonfarm business sector .... . 56 The industry productivity database The industry productivity database includes productivity and related measures for more than 480 unique industries at the six-, five-, four-, three-, and in a few cases, two-digit NAICS level. Labor productivity and related measures are currently available from 1987 to 2001 , 2002, or 2003, depending on the industry. 11 These labor productivity measures account for nearly 58 percent of the four-digit NAICS industries in the nonfarm business sector of the economy and cover about 56 percent of employment. 12 Industry productivity measures cover I 00 percent of employment in the mining, manufacturing, wholesale trade and retail trade sectors, and nearly 100 percent in the accommodation and food services sector. 13 Productivity measures are also available for selected industries in utilities, transportation and warehousing, information, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 21 23 31 - 33 Goods-producing .... .. ... ........... ... ... .... Mining ............ ... ......... .... ... .. ....... .... . Construction ... ...... ................ ... ...... . Manufacturing .. ................. ....... .. .. .. . Service-producing ... .. ............ ... ........ Utilities ................ .... ..... .... ... ............ Wholesale Trade ....... ........ .... ....... ... Retail Trade ....... ... ... ............. ... ..... .. . 44-45 48-49 Transportation and warehousing .... Information .. ..................... .............. . 51 Finance, insurance, and 52-53 real estate ... ......... ............ ........ ... . Accommodation and food 72 services ........ ....... ...... .. ....... ...... ... . 54-56,61-62, 71,81 Other services . ........ .... ........ .. .... ... .. 22 42 71 100 0 100 51 92 100 100 46 71 21 100 10 NorE : Data for the nonfarm business sector exclude general government, owner-occupied housing , and nonprofit organizations . Monthly Labor Review November 2004 33 Industry Productivity under NAICS productivity are not always comparable to their SIC counterparts. Differences are apparent even at the major sector level (two-digit NAICS). Table 2 shows employment in selected major industry groups for which BLS has complete or near complete coverage of industry productivity measures. Both the manufacturing and the wholesale trade sectors as defined under NAICS are smaller than under the SIC. In both of those sectors, employment in establishments and industries that moved out of the sector exceeded that which moved in. Thi s reduction is partly due to the reclassification of auxiliary establishments. For example, a large number of manufacturing employees were reorganized into new auxiliary NAICS industries outside the manufacturing sector. In addition, employment levels changed as entire industries were reclassified into different sectors. The reclassification of several publishing industries into the new information sector under NAICS caused a noticeable reduction in manufacturing employment. Excluding the reclass ification of auxiliary establishments, about 80 percent of the workers that were moved out of manufacturing in 2000 were reclassified into the new information sector. A noticeable net redistribution of employment also occurred between the wholesale and retail trade sectors, as the employment in establishments reclassified from wholesale trade to retail trade under NAICS exceeded th at from retail trade to wholesale trade. With the conversion to NAICS , productivity measures were developed for several new industries and industry groups. In manufacturing, for example , output per hour and rel ated series are available for a new NAICS industry group, computer and electronic products manufacturing (N AICS 334). Thi s group brings together establishments that produce such high-tech products as computers, semiconductors, and communication equipment, as well as measuring, analyzing, and IJ•1•11=-- controlling instruments. Under the SIC, these firms had been primarily distributed among three different two-digit SIC groups. Labor productivity measures are also newly available for semiconductor machinery manufacturing (NAICS 333295) and printed circuit assembly manufacturing (334418). In wholesale trade, labor productivity measures have been developed for a new industry group, wholesale electronic markets and agents and brokers (NAICS 425), as well as for the two industries that compose that group: business to business electronic markets (NAICS 42511) and wholesale trade agents and brokers (NAICS 42512). In retail trade, labor productivity measures are available for a redefined industry group, health and personal care stores (NAICS 446), which includes a new NAICS industry: cosmetics, beauty supply, and perfume stores (NAICS 44612). Labor productivity measures are also newly available for electronic shopping and mail order houses (NAICS 4541 ). Within the information sector, productivity measures are available for a variety of publishing, broadcasting, and telecommunications industries. Under NAICS , the cable television industry has been divided into separate industries-cable programming (NAICS 5152) and cable distribution (NAICS 5175)-and labor productivity measures are available for both industries. Productivity measures are al so available for a redefined industry group, publishing industries (NAICS 511 ), that includes the software publishing industry as well as industries involved in the more traditional publishing of books, periodicals, and databases. Productivity trends in major sectors Productivity often exhibits predictable patterns over the course of the business cycle , rising during expansions and declining during rece ssions. This occurs as businesses Employment in selected major industries in 2000, NAICS and SIC 2000 NAICS sector employment (000s) Percent of private nonfarm business 2000 SIC sector employment (000s) Percent of private nonfarm business Private nonfarm business 59200.8 100.0 Private nonfarm business 60954.8 100.0 Manufacturing (NA1cs 31-33) 17262.9 29.2 Manufacturing (sic 20-39) 18394.4 30.2 5933.2 10.0 Wholesale trade (sic 50-51) 7024 .0 11 .5 15279.8 25.8 Retail trade (SIC 52-59) Retail trade excluding eating and drinking places (sic 52-57, 59) Wholesale trade {NA1cs 42) Retail trade (NAICS 44-45) Retail trade excluding eating and drinking places Accommodation and food services {NAICS 72) 16.9 10026.5 i 34 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 15193.1 24 .9 Eating and drinking places (sic 58) 8113 .7 13.3 Hotels (SIC 701) 1845.3 3.0 adjust their use of inputs to changes in the demand for their goods and services. At the beginning of an expansion, for example, employment increases often lag behind output increases, while at the beginning of a recession reductions in output cause employers to cut back on employment and hours, but also with a lag. To minimize the cyclical effects on productivity trends, it is appropriate to analyze productivity changes over the course of a full cycle. The decade of the 1990s represents such a period. Economic activity in the United States peaked in July 1990 and again in March 2001. This article reviews the NAICS industry productivity performance between 1990 and 2000. Analyzing productivity trends between these years, when the economy was at similar peak stages of the business cycle, reduce s the effect of cyclical factors such as differences in capacity utilization on productivity change. The effect on industry productivity of the recession that began in 2001 is discussed later in the article. Chart 1 shows labor productivity change in major industry sectors for which BLS has complete coverage or covers a high percentage of the industry. Led by the information sector, labor productivity growth was strong over the 1990-2000 period in most of these sectors, compared with the private non- farm business sector as a whole, where labor productivity grew at an annual average of 2.0 percent. Manufacturing, wholesale trade, and retail trade also showed strong growth, while productivity grew slowly in the accommodation and food services industries. Productivity growth typically slows in recession years, and in the recession year of 2001 output per hour growth slowed considerably in all of these sectors, and actually declined in mining and accommodation and food services. Productivity growth is typically unusually strong as an economic recovery begins. For most of the sectors considered here , productivity not only sped up after 2001, but exceeded the growth over the 1990-2000 period. The exception was the accommodation and food services sectoralthough output per hour in that sector rose 0.5 percent in 2002, the growth that year was less than the average 0.7 percent growth from I 990 to 2000. Chart 2 divides the 1990-2000 period in half and depicts the productivity growth rate for private nonfarm business and other major sectors in each of the subperiods. The chart shows that, of the sectors that have full or near-full employment coverage, almost all experienced a productivity speedup from 1995 to 2000. Retail trade in particular showed a large increase in the productivity growth rate in Output per hour, 1990-2002 Percent Average annual rates of change, select NAICS sectors Percent 8 8 • 1990-2000 0 0 2000-01 2001-02 6 6 4 4 2 2 0 0 -2 -2 Mining 1 2 Manufacturing Wholesale trade Retail trade lnformation 1 Indu stry o utput per hour measures for In fo rmation cover only 71 percent of empl oy ment in th at sector. Accomodation and food serv ices measures cover 99.5 pe rcent of sector employment. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review Accomodation and food services2 November 2004 35 Industry Productivity under NAICS Average annual rate of change in labor productivity, 1990-95 and 1995-2000 Percent Percent 6 6 5 5 4 4 3 3 2 2 0 0 Private nonfarm business 1 2 Mining Manufacturing Wholesale trade lnformation 1 Accomodation and food services 2 Industry output per hour measures for Information cover only 71 percent of employment in that sector. Accomodation and food services measures cover 99.5 percent of sector employment. the second half of the decade. Mining was the only sector that experienced a falloff of productivity growth in the latter half of the 1990s. The average annual rate of change in mining productivity fell from 3.4 percent in 1990---95 to 1.5 percent in 1995- 2000. The changes in industry composition under NAICS result in some differences in sector productivity trends when compared with the comparable SIC sectors. Table 3 shows labor productivity change over the 1990-2000 period for several sectors as defined under both classification systems. Productivity growth rates were the same or very close for private non-farm business and for manufacturing, but differed somewhat for wholesale and retail trade. In both the wholesale and retail trade sectors, output per hour grew more rapidly under the NAICS system than under the SIC system. The reclassification of some auxiliary establishments out of the sectors, including those involved in warehousing, may be one reason for the increase in productivity growth for both retail and wholesale trade under NAICS. The eating and drinking places sector, so classified under the SIC system, was moved out of retail trade and combined with the accommodation industries under NAICS to form the accommodation and food services sector-and thus productivity trends are not comparable between those NAICS and SIC categories. 36 Retail trade Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 Industry productivity and cost trends 1990-2000. Labor productivity increased from 1990 to 2000 in most of the detailed industries published by BLS. 14 Output per hour rose in 156 of the 169 industries analyzed in this article, representing 92 percent of the industries and employment covered . Output increased in 89 percent of the industries, while hours increased in 63 percent of the industries. The wide-ranging, but genera11y positive, industry productivity performance during the period is reflected in chart 3. The chart shows the distribution of average annual productivity growth rates for the 1990---2000 period for all the published industries (all four-digit NAICS industries together with additional published industries for which component four-digit series have not been computed). The chart reflects a strong central tendency despite a wide range of productivity performance. Roughly two-thirds of the industries experienced average annual rates of change in labor productivity that ranged from 0.0 percent per year to an increase of 3.9 percent per year. Although labor productivity trends for individual industries were largely positive during the 1990s, there was some variation by industry and by sector. Of the NAICS industries for which measures are available, productivity performance ranged from an average annual decline of I .8 percent per year in drinking places, alcoholic beverages (NAICS 7224) to an ■ 1•1• 1 B NAICS vs. SIC labor productivity trends in selected major sectors, 1990-2000 [Average annual rates of change] Output per hour 1990-2000 NAICS sector Output per hour 1990-2000 SIC sector Private nonfarm business ...... ...... ....... .... ... ..... ... .... . 2.0 Private nonfarm business ..... ..... .. ......... .. .......... .. 2.0 Manufacturing (N A1cs 31-33) ...... .. .. .......... .... .. ...... .. 3.7 Manufacturing (sic 20-39) .... .. ...................... .. .. .. 3.8 Wholesale Trade {NAICS 42) ........ .. .. .. .... .... ............ . .. 3.9 Wholesale trade (sic 50-51) .... .......... .. .... .. ...... .. . 3.4 2.4 3.2 Retail trade ....... ...................... ....... .. ............ ...... .. Retail trade excluding eating and .................. ... drinking places (sic 52-57 , 59) .......... .... .... .. ... . 2.9 Eating and drinking places (sic 58) .... .. ...... .... .. .. .3 1.7 Retail Trade ......................... .... .... .. ........................... Retail trade excluding eating and drinking places (NAICS 44-45) ...... .. ...... .. .. .. ...................... . Accommodation and food services (NA1cs 72) .... .... .7 Hotels (SIC 701) ... ...... .... ............................ .. ...... .. Information (NA1cs 51) .... ... ... .. .... ............. ........... ... .. 4.9 Information ..... .... .................... ..... .. ..... ... ............. . NorE: Dash indicates data not available. average annual increase of 31 .7 percent per year in computer and peripheral equipment manufacturing (NAICS 3341 ). As seen in chart 3, the majority of industries experienced labor productivity growth that averaged between 1 and 5 percent per year. Table 4 lists the eight industries with the highest productivity growth rates over the 1990--2000 period. Each of the industries in that table experienced growth in output per hour of more than 12 percent per year, on average. Only three of the eight industries are manufacturing industries, but two of those experienced the faste st labor productivity growth of all the measured industries. Output per hour grew 31.7 percent per year, on average, in computer and peripheral equipment manufacturing and 27 .0 percent per year in semiconductor and other electronic component manufacturing (NAICS 3344). The list of industries with the most rapid productivity growth re- fleets the importance of the high-tech sector on the U.S. economy during the 1990s, and includes industries that were major users or distributors of high-tech equipment as well as the industries producing those goods. After computer and semiconductor manufacturing, productivity grew most rapidly for professional and commercial equipment wholesalers (this industry includes establishments engaged in the distribution of such products as computers and other equipment); electronics and appliance stores; electronic shopping and mailorder houses; software publishers; communications equipment manufacturing; and electric goods wholesalers. After these eight industries, the next 14 fastest growing industries experienced average annual rates of change in labor productivity ranging from 5.0 percent per year for both audio and video equipment manufacturing (NAICS 3343) and line-haul ll·••1r~•- Industries with the highest productivity growth rates between 1990 and 2000 NAICS code Title 3341 3344 4234 443 4541 5112 3342 4236 I I Computer and peripheral equipment manufacturing ....... .... .... ....... .. Semiconductor and other electronic component manufacturing ..... ... .... .... ... ..... ..... ....... ..... .... ... .... ... ....... ... ... ............ Professional and commercial equipment and supplies merchant wholesalers ... .. ........... ...... .. .. .. .. ....... ....................... .... ... Electronics and appliance stores .. ............ ... ...... .. .. ..... ........ ..... ..... .. Electronic shopping and mail-order houses .......................... ...... .... Software publishers ..... .... .. .. .... .. .. ... .. .......................... .. .. .................. Communications equipment manufacturing ......................... .. .... .. .. .. Electrical and electronic goods merchant wholesalers .... ............... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2001 Employment (0OO's) Average annual percent change, 1990-2000 Output/Hour Output Hour ULC 286 31 .7 29 .0 -2 .1 -21 .5 645 27.0 29.3 1.9 -18.3 710 593 263 269 234 414 16.2 14.5 13.9 13.8 13.4 12.4 18.3 17.5 21.0 25.9 14.0 14.3 1.8 2.6 6.3 10.7 0.6 1.6 -9 .2 -8.0 -6.7 -3.6 -6.8 -6.1 Monthly Labor Review November 2004 37 Industry Productivity under NAICS Distribution of average annual rates of change for output per hour, 1990-2000 Number of industries Number of industries 40 40 35 35 30 30 25 25 20 20 15 15 10 10 5 5 0 -3 .0 or less -2 .0 to -2.9 -1.0 to - 1.9 -0 .1 to - 1.9 0 .0 to 0 .9 1.0 to 1.9 2.0 to 2.9 3 .0 to 3.9 4 .0 to 4 .9 0 5 .0 to 5.9 6.0 to 6.9 7.0 to 7 .9 8 or more Average annual rate of change Distribution of average annual rates of change for output per hour, 2000-01 Number of industries Number of industries 40 40 35 35 30 30 25 25 20 20 0 -3 .0 or less - 2.0 to -2 .9 - 1.0 to - 1.9 -0 .1 to - 1.9 0 .0 to 0 .9 1.0 to 1 .9 2 .0 to 2 .9 3 .0 to 3.9 4 .0 to 4.9 Average annual rate of change 38 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 5.0 to 5 .9 6 .0 to 6 .9 7.0 to 7 .9 8 or more 11•1• =--11 Largest industries by 2001 employment size Average annual percent change, 1990-2000 employment (0OO's) code 7221 7222 4451 7211 4521 4411 52211 8111 4529 56172 4441 446 4481 447 491 48412 2001 Title NAICS Full-service restaurants .... ... ....... .... ..... ......... ........ .. .. Limited-service eating places ············ ·· ··············· ······ Grocery stores ... ........... .. ... .. .... ... ...... ......... ..... .. .. ...... Traveler accommodation .. ... .. ..... ... .. .... .. ....... ...... .. ...... Department stores ... ........... ... ............ .......... .. ... ..... .... Automobile dealers .............................. ............ .. ...... .. Commercial banking ·· ·············· ······· ··········· ······ ···· ·· ···· Automotive repair and maintenance ·· ···· ················· ·· Other general merchandise stores .. ..... ........ ............ Janitorial services .. ............... .......... ............ .. ...... ... ... Building material and supplies dealers ...................... Health and personal care stores ... .... ........ ....... ........ Clothing stores .. ...... .. .... ................... .. ... .. ..... ... .. ... ... .. Gasoline stations .. ......... ...................................... ..... Postal service .... ........ ..... ... ...... ......... ....... ... ....... ... .. .. General freight trucking, long-distance .... ..... ...... .... railroads (NAICS 482111) to 9.0 percent per year for other general merchandise stores (NAICS 4529). The overall upward trend in productivity during the 1990s was reflected in the productivity performance of the largest industries. Table 5 presents the average annual rate of change in output per hour and related indexes for industries with more than 800,000 employees in 2001, in order of employment size. Together, these 16 industries account for nearly 42 percent of the employment covered by the industry labor productivity measures. Output increased in each of these large industries between 1990 and 2000, and productivity increased in all but one. Productivity declined in grocery stores (NAICS 4451) despite rising output, as labor hours increased more rapidly. Unit labor costs represent the cost of producing one unit of output. The measure is calculated by dividing an index of labor compensation by an index of real output, or by dividing an index of compensation per hour by an index of output per hour (labor productivity). The latter ratio reveals an inverse relationship between labor productivity and unit labor costs: when labor productivity increases, it offsets increases in hourly compensation so that unit labor costs rise less rapidly than compensation. If labor productivity declines or rises more slowly than hourly compensation, unit labor costs will increase, but if output per hour increases faster than hourly compensation, unit labor costs will fall. From 1990 to 2000, labor compensation increased in about 95 percent of the industries examined in this article. 15 However, unit labor costs increased in only about 70 percent of the industries, as labor productivity increased more rapidly than hourly compensation in a number of industries. Unit labor costs declined in each of the eight industries with the fastest growing produc- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4020 3616 2618 1832 1769 1273 1258 1134 1091 1072 1027 1014 1000 946 873 849 Output/hour 0.2 .2 -.2 2.6 2.4 1.5 2.6 1.6 9.0 3.4 3.4 1.8 5.8 2.3 .9 1.8 Output Hours 2.4 2.4 .2 4.2 4.3 3.2 1.8 3.2 9.8 4.5 5.8 3.6 5.4 1.7 1.9 4.8 2.2 2.2 .4 1.5 1.9 1.7 -.8 1.6 .7 1.0 2.3 1.8 -.4 -.6 1.0 3.0 ULC 3.4 3.4 3.0 1.4 .7 2.9 3.7 1.8 -5.6 -0.1 .2 2.3 -1 .5 .9 2.1 .3 t1v1ty rates. In contrast, all of the industries with declining productivity over the period recorded increases in unit labor costs. The recession of 2001 and beyond. The performance of industry output, hours, and labor productivity after 2000 contrasts with the positive performance of the previous decade. Output per hour grew in only about 57 percent of the industries in 2001, compared to more than 92 percent of industries with productivity growth from 1990 to 2000. Output declined in 2001 in nearly 70 percent of the industries examined here, while hours declined in 77 percent. In 2001, a greater proportion of the industries experiencing productivity growth did so by reducing hours rather than by increasing output. Whereas output grew in more than 90 percent of the industries that increased their productivity from 1990 to 2000, output increased in only 44 percent of the industries where productivity rose in 2001. Instead, declining hours were the major impetus for productivity growth in 2001, with more than 81 percent of industries reducing hours in that year, compared with only about 40 percent of industries where productivity grew from 1990 to 2000. The reaction of labor productivity to the downturn in the economy that began in 2001 is also apparent in comparing the distribution of industry productivity growth rates in 200 l (see chart 4) to the distribution of average annual productivity growth rates for 1990-2000 (see chart 3). During the 1990s, nearly 60 percent of the industries examined here experienced labor productivity growth of 2 percent per year or more, and none showed productivity declines of -2.0 percent or more. Chart 4, which reflects the cyclical effects of the beginning of Monthly Labor Review November 2004 39 Industry Productivity under NAICS the recession, shows a decidedly less positive productivity picture. Productivity grew 2.0 percent or better in only about 36 percent of industries in 2001, while productivity declined the conversion has reduced the number of industries and industry groups for which productivity measures are calculated in certain sectors, such as manufacturing. In addition, the by -2.0 percent or more in 24 percent of industries in that year. While industry productivity data are not yet available through 2002 for detailed manufacturing industries, labor pro- assumption of a fixed relationship between NAICS and SIC industries that underlies the conversion for many industries may not be appropriate, particularly for new and emerging industries. Nonetheless, a comparison of productivity trends for several major sectors where BLS maintains extensive coverage of productivity measures shows similar productivity trends throughout the 1990s as compared to comparable SIC sectors. ductivity for the manufacturing sector as a whole grew rapidly in 2002. Data for other industries suggest that productivity improvements were widespread. Output per hour increased for almost 79 percent of the mining , trade, and service-providing industries for which output per hour measures are available. The improvement in labor productivity was accompanied by increases in industry output as well as continuing reductions in hours. Although output rose in more than 55 percent of the industries measured in 2002, hours declined in nearly 70 percent of the industries. Conclusion THE CONVERSION TO NAICS HAS IMPACTED the industry produc- tivity measures in a number of ways. The NAICS classification system is a more consistent framework and a conceptual improvement for productivity measurement. At the same time, Like the SIC-based data, the NAICS productivity measures also continue to show a productivity speedup in the latter half of the 1990s, compared to the first half. Recognizing current data limitations, improvements to current estimates based on ongoing research will be incorporated in future updates as more and better information becomes available, and efforts to expand industry productivity coverage to new industries will continue. Meanwhile, NAICS provides an improved road map for classifying industries. By more accurately reflecting the current structure of the economy and underlying similarities in production processes, NAICS enhances our understanding of current productivity developments. □ Notes 1 Productivity and cost measures for 180 mainly four-digit NAICS industries were first released on September 18, 2003. Since that time the Bureau has revised and updated the measures for many industries and added measures for more than 300 additional industries at the six-, five-, three-, and two-digit NAICS level. 2 Executive Office of the President ( 1998), North American Industry Classification System. Uni ted States. 2002, Washington, DC, U.S. Office of Management and Budget. Copies of the manual can be obtained from the National Technical Information Service (NTIS) on the Internet at www.ntis.gov/products/bestsellers/naics.asp. For more information about the NAICS structure, see the Bureau of the Census on the Internet at http://www.census.gov/epcd/www/naics.html. -' Joseph P. Goldberg and William T. Moye, The First Hundred Years of the Bureau of Labor Statistics, Bulletin 2235 (Bureau of Labor Statistics, September 1985), pp. 169, 203, and 249. -1 For example, output measures based on the deflated value of output were adopted for most industries (made possible by the expansion in coverage of producer price indexes during the 1980s and 1990s). Previously, a large number of industries were based on physical quantity of output. The expansion of the Bureau 's industry productivity series was also accompanied by a decision to use BLS employment and hours data from the Current Employment Statistics survey for measuring labor input for all manufacturing industries, rather than using Census data for some industries as had been done in the past. 5 Industry employment and hours data from the BLS Current Employment Statistics (CES) survey were converted to a NAICS basis by the Bureau 's Office of Employment and Unemployment Statistics with the release of May 2003 data in June 2003. CES industry employment and hours data were converted to NAICS back to 1990 for most industries, and to earlier years for some industries. The Office of Productivity and Technology extrapolated these estimates back to 1987 for many industries. 40 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 6 Slightly less than half of the six-digit NAICS industries included in the industry productivity database are industries that are direct matches to comparable SIC industries. More than half of the mining and wholesale trade industries, and almost half of the manufacturing industries, were direct matches to the SIC industries. For other sectors, less than half the industries covered were direct matches. 7 Recent work by researchers at the Bureau of the Census and the Federal Reserve Board has attempted to assign historical records of individual manufacturing establishments from each of the quinquennial Censuses of Manufactures for 1963 through 1992 to NAICS industries. These recoded data are used to calculate new conversion ratios that reflect the changing relationship between SIC and NAICS shipments in those years. Kimberly Bayard and Shawn Klimek, "Creating a Historical Bridge for Manufacturing between the Standard Industrial Classification System and the North American Industry Classification System." Paper presented at the Annual Meeting of the American Statistical Association, San Francisco, August 2003. 8 Executive Office of the President ( 1998), North American Industry Classification System .. . 9 Mark Sherwood, "Problems in Measuring Service Industry Output," Monthly Labor Re view, March I 994, pp . 11 -19 10 Some industry detail has been collapsed or discontinued under NAICS in the BLS Current Employment Statistics data. In addition, some sixdigit manufacturing industry detail will be collapsed in the 2003 Annual Survey of Manufactures data from the Bureau of the Census. 11 Productivity measures are available through 2001 for detailed manufacturing industries, although measures for total manufacturing and for durable and non-durabl e manufacturing are available for later years. Productivity series are available through 2003 for wholesale trade, retail trade, and food service and drinking places industries. For all other industries covered, productivity measures are available through 2002. 12 Percentages represent the proportion of paid employees in the sector that are in the industries covered by the productivity indexes, as measured in the BLS Current Employment Statistics establishment survey. The percentage of proprietors and unpaid family workers covered by the productivity measures is not explicitly included in the ratios of employment coverage, but assumed to be the same as for paid employees. i J Industries with labor productivity measures in the accommodation and food services sector represent 99.5 percent of employment in the sector. 14 This article focuses on published industries at the mainly three- and fourdigit NAICS level. Indexes and rates of change in output per hour, output per worker, output, hours, all workers, labor compensation, and unit labor costs for APPEN01x: these industries are available from the BLS Productivity and Costs Web site on the Internet at http://www.bis.gov/lpc/home.htm. Comparable productivity and cost measures for NAICS five- and six-digit industries, as well as underlying data on the number of employees, total industry hours, and the value of net production for published and unpublished industries are available upon request by sending E-mail to dipsweb@bls.gov, or by calling the Division of Industry Productivity Studies (202-691-5618). SIC-based industry data also are available on the BLS Web site or by request. Historical productivity and related series for three- and four-digit SIC industries through 2000 will continue to be maintained, but will no longer be updated. 15 Five of the eight industries with declines in labor compensation were in textile manufacturing. Methods and data underlying the series Labor productivity is calculated as output per employee hour or output per hour of all persons working in the industry. The indexes of output per hour are computed by dividing an index of output by an index of aggregate hours. Industry output is measured as ..sectoral output," the total value of goods and services leaving the industry. Depending on the industry, hours can refer to hours of employees or hours of all workers. '"All workers" include selfemployed and unpaid family workers as well as employees. For industries where there are few self-employed and unpaid family workers, such as manufacturing industries, output per employee hour is measured. NAICSbased output and labor input series are created at the most detailed industry level possible; measures for more aggregate industries are aggregated from the detailed industry series. Tornqvist in.dexes. Wherever possible, a Tomqvist formula is used to aggregate the various products or services produced in an industry in order to derive an output measure for the industry. The Tomqvist formula aggregates the growth rates of the various products or services between two periods with weights based on the products· shares in industry value of production. The weight for each product equals its average value share in the two periods. The Tomqvist formula yields the ratio of output in a given year to that in the previous year. Ratios for successive years are chained together to form an output index. The quantities of products used in the output index are measured either with deflated values of production or with actual physical quantities. For most industries in manufacturing, communications, wholesale and retail trade, and services, output indexes are derived from detailed data on the value of industry output or sales, adjusted for price change (that is, the deflated value of production). Tomqvist aggregations of these deflated values are then calculated to derive output indexes. For industries in utilities, and for many mining and transportation industries, physical quantity output indexes are derived as Tornqvist aggregations of quantitie~ of component products. The Tornqvist aggregation method is used in calculating the output index for most industries; one notable exception is commercial banking, in which the annual changes in different outputs are combined using employment weights that are changed every 5 years. Annual output in.dexes based on deflated values of production. Annual deflated value measures of real output are estimated by dividing current dollar value of production or revenues by appropriate price indexes. For most manufacturing industries, current dollar industry production (calculated as shipments adjusted for inventory change, intra-industry transfers, and resales) is distributed to product classes based on shares of wherever-made product class shipments. These values are deflated by appropriate price deflators (mostly BLS pro- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ducer price indexes). The resulting estimates of constant dollar production by product class are Tornqvist aggregated to create industry output indexes for each six-digit NAICS industry. Similarly, current dollar retail trade industry sales are distributed to individual merchandise lines based on their relative value shares, and then deflated with appropriate price deflators (mainly BLS consumer price indexes). The resulting constant dollar values by merchandise line are aggregated into a single industry output measure according to the Tornqvist formula. For wholesale trade industries also, current dollar sales are deflated with appropriate price indexes. For each wholesale trade industry, total sales by merchant wholesalers and by manufacturers sales an.d branch offices (MSBOs) are deflated with aggregate price indexes constructed by weighting together different producer price indexes (and in the case of merchant wholesalers, also some import price indexes). Once deflated, the annual sales of the two types of wholesalers are aggregated according to the Tomqvist formula. A similar procedure is used to develop and separately deflate sales of business-to-business electronic markets and wholesale trade agents and btokers, and then to aggregate the constant dollar values into an index for the electronic markets and agents and brokers industry group. For some industries in information and services, detailed categories of revenues are available and are deflated with BLS producer price indexes and then aggregated to the industry level using the Tomqvist index formula. For other information and services industries, and for some mining and transportation industries, where less detail is available, data on the value of total industry revenues for each year are divided by industry-level producer price indexes or consumer price indexes to derive measures of changes in the industry's real output. Annual output in.dexes based on physical quantities ofproduction. For utilities and for many mining and transportation industries, industry output reflects estimates of the physical quantity of production. Physical quantity indexes are, in all possible cases, Tomqvist aggregations of the quantities of component products, using the finest level of detail available. Examples of such products include tons of coal, BTUs of electricity, or revenue passenger miles and freight ton miles. In.dexes of labor input. The indexes of industry labor input used as the denominator in the productivity formula are developed mainly from basic data compiled by BLS. Data on employment and average weekly hours are used to construct measures of total hours for different categories of workers. Data from the Current Employment Statistics Survey (a monthly establishment survey in which 390,000 representative establishments report employment, hours, and earnings data to BLS and Monthly Labor Review November 2004 41 Industry Productivity under NAICS supportive State agencies) are supplemented with data from the Current Population Survey (a monthly survey of approximately 60,000 households conducted by the Bureau of the Census for BLS). Industry hours represent all employee hours or all worker hours. For manufacturing and mining industries, estimated hours of production workers and nonproduction workers are combined. For the trade, transportation, and service industries where self-employed are important, estimates of the hours of partners, proprietors, and unpaid family workers are added to estimated hours of supervisory and nonsupervisory workers. Employee hours for different types of workers are treated as homogenous and are directly aggregated. The indexes of hours are developed by dividing the aggregate hours for each year by the base-period aggregate. Unit labor costs. Unit labor cost indexes reflect the cost of labor input required to produce one unit of output. Unit labor costs are calculated as the ratio of current dollar labor compensation to real or constant dollar output. The indexes of unit labor costs for each industry are computed by dividing an index of current dollar compensation by an index of constant dollar output. Compensation is a measure of the employer 's cost for securing the services of labor. It is defined as payroll plus supplemental payments. Payroll includes salaries, wages, commissions, dismissal pay, bonuses, vacation and sick leave pay, and compensation in kind. Supplemental payments are divided into legally required expenditures and payments for voluntary programs. The legally required expenditures include employers' contributions to Social Security, unemployment insurance taxes, and workers' compensation. Payments for voluntary programs include all programs not specifically required by legislation, such as the employer portion of private health insurance and pension plans. for n 1anufacturing industries, annual compensation data are derived from the Annual Survey of Manufactures and the Census of Manufactures produced by the U.S. Bureau of the Census. For industries outside of manufacturing, annual wage and salary data from the BLS Quarterly Census of Employment and Wages (QCEW) program are used. Because these data exclude supplemental payments, they are adjusted with ratios of compensation to payroll from the quinquennial census data, or (for utilities) from the Bureau of Economic Analysis (BEA), U.S. Department of Commerce. For a few industries, compensation data are obtained from other sources: for railroad transportation, for example, labor compensation comes from the Surface Transportation Board; for air transportation, labor compensation comes from the Office of Airline Information of the U.S. Department of Transportation, and for the Postal Service, labor compensation comes from the U.S. Postal Service. Conversion to NAICS The conversion of industry productivity measures to the NAICS system required the separate conversion of output and labor input measures. The timing of this conversion was guided by the availability of historical BLS NAICS-based employment and hours estimates, as well as the necessary data for converting historical output series to NAICS. Both output and labor input measures were converted to NAICS at the most detailed industry level possible. Output. Industry output indexes are prepared from basic data published by various public and private agencies, using the greatest level of detail available. Data from the Bureau of the Census, U.S. Department of Commerce, are used extensively in developing output series for manufacturing, trade, information, and service-providing industries, as well as in developing compensation and unit labor cost series for manufacturing industries. The 1997 Economic Census conducted by the Census Bureau was the first major U.S. 42 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 statistical program to implement NAICS, and data from the 1997 Census were used extensively in the NAICS conversion of the industry output measures. The 1997 Economic Census questionnaires were designed to permit the classification of establishments according to both NAICS and SIC. As a result, the Census Bureau tabulated and published 1997 industry data on both a NAICS and SIC basis for some variables. These dual-coded data were used to calculate conversion ratios relating NAICS industry values to SIC industry values. The conversion ratios were used primarily in converting output for manufacturing and trade industries, and for converting compensation for manufacturing industries. Conversion ratios were applied to SICbased historical industry sales--0r in the case of manufacturing industries, to values of shipments, inventories and labor compensation-to obtain estimates for NAICS-based industries for 1987 to 1996. For retail trade and merchant wholesalers, the Census Bureau provided data on a NAICS basis back to 1992, so additional estimates for NAICS-based industries were only necessary for 1987-91. Data were then aggregated according to NAICS industry definitions. The NAICS industry data estimated in this way were used in constructing the deflated value indexes for each industry. For manufacturing industries, product shipment categories are used to distribute industry production prior to aggregation with the Tomqvist formula. Where NAICS product classes were not direct matches with SIC product classes, historical sic-based product class shipments were converted to NAICS using conversion ratios developed by BLS. These conversion ratios were estimated using an SIC-to-NAICS product concordance developed by the Census Bureau, together with recent-year SIC and NAICS product shipments values. Price indexes. For the majority of industries, output indexes are developed from data on the value of industry output adjusted for price change. This is done by dividing the annual value of the detailed product or service by an appropriate price index, often a BLS producer price index. For many industries, the NAICS-based revenue or shipment values are equivalent on an SIC and NAICS basis. In these cases, the SIC-based producer price series was used. Where NAICS industry or product data prior to 1997 were estimated, NAICSbased price series had to be estimated. In these cases, NAICS-based deflators were constructed as Tomqvist-weighted indexes of the component SICbased PPis. For service or trade industries where consumer price indexes (CPis) are used to deflate revenues, the product CPis are not coded by industry and therefore did not need to be converted. Labor hours. The BLS Current Employment Statistics (CES) survey is the primary source of data used in estimating labor hours for each industry. The CES survey provides NAICS industry employment and average weekly hours data for production and nonsupervisory workers, and employment data for all employees, back to 1990 for all industries maintained by that program. NAICS data for years prior to 1990 were available for some industries. Where NAICS industry employment and hours data were not available prior to 1990, the series were estimated back to 1987 by the industry productivity staff using methods and conversion ratios similar to those used by the CES program. Industry labor productivity measures were calculated only for industries for which the CES program maintains employment and hours series. Compensation. Compensation data used in calculating unit labor costs for manufacturing industries come from the Annual Survey of Manufactures and the Census of Manufactures of the U.S. Bureau of the Census. NAICS estimates for manufacturing industries for years prior to 1997 were calculated using conversion ratios similar to those described in the Output section above. Compensation data for non-manufacturing industries are based on wage data from the Bureau of Labor Statistics, together with fringe ratios from the Bureau of the Census. Compensation data for nonmanufacturing industries were converted using methods similar to those used in converting BLS employment and hours data. ·'"¾ti, Healthcare Benefits ·:: i:• ,.,f.;;;:'i Federal statistics on healthcare benefits and cost trends: an overview Federal Government statistical agencies provide a variety of healthcare information on diverse aspects of the Nation's healthcare picture John E. Buckley and Robert W. VanGiezen John Buckley and Robert Van Giezen are economists in the Division of Compensation Data Analysis and Planning , Bureau of Labor Statistics. E-mail : Buckley .John@bls .gov VanGiezen. Robert@ bis.gov https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis here are various Federal statistical surveys that attempt to shed light on a major national topic-healthcare availability and costs. Federal agencies-such as the Bureau of Labor Statistics, the Bureau of the Census, the Bureau of Economic Analysis, the National Center for Health Statistics, and the Centers for Medicare and Medicaid Services--rnllect, analyze, and publish data that address different aspects of the healthcare picture. Some statistical programs such as those conducted by the Bureau of Labor Statistics have as their primary mission the dissemination of statistics. Other agencies, such as the Centers for Medicare and Medicaid Services, publish data in conjunction with their primary mission to provide services and enforce regulations. This article summarizes major Federal healthcare statistical surveys and identifies selected benefit provisions, including incidence of coverage and employer and employee costs. Two types of surveys are examined separately-surveys of establishments (employers) and household surveys. In addition, Federal accounting structures that provide a measurement of aggregate medical costs are reviewed. T Establishment surveys The two major establishment-type surveys are the Bureau of Labor Statistics' National Compensation Survey (NCS) and the Medical Expenditure Panel Survey Insurance Component (MEPS-IC) conducted by the Agency for Healthcare Research and Quality. Both establishment surveys are conducted annually. Data for the NCS are col- lected by personal visit initially and updated by mail and telephone; the MEPS's data are collected primarily by mail. Both survey types obtain some detailed provisions from benefit plan documents rather than directly from respondents. Tables 1 through 4 present examples of selected published data from the NCS 1 and the MEPS-IC. 2 While both establishment surveys collect health insurance data, the focus of each is considerably different. (Note that the NCS reference to "medical care" is comparable to the MEPS' "health care" term.) The NCS is designed to get broad estimates of several types of employee compensation , including wages and salaries, overtime pay, sick leave, vacation benefits, health and retirement benefits, and so forth. The following is a sample of the medical insurance details available from the NCS: • • • • • • • • • • • Incidence of coverage of selected medical services Amount of plan deductibles Coinsurance rates Out-of-pocket expense provisions Mental health and substance abuse treatment provisions Types of prescription drug coverage Brand name drug provisions Type of medical plan and financial intermediary Cost containment provisions Dollar plan maximums Employee share of total premiums and average monthly contributions (see table 2) Monthly Labor Review November 2004 43 Healthcare Benefits The MEPS is designed specifically for in-depth analysis of healthcare benefits. 3 It provides, for example, cost of premiums and employees' contributions by private-sector (nongovernment) data, by industry groupings, and by such characteristics as ownership type and age of firm. (See table 4.) The following is a sample of some other health insurance details available from the MEPS : • • • • Private-sector data by firm size and selected characteristics Private-sector data by firm size and State Public-sector data by government type, government size, and census division National totals for enrollees and cost of health insurance coverage for the private and public sectors • • Private-sector data by proportion of employees who are full time or low wage and State Private-sector data by average wage quartiles and State. Within each of these categories , tables are subsequently grouped by: • • • • • Establishment-level tables Employee-level tables Premiums, employee contributions, and enrollment tables for single coverage plans Premiums, employee contributions, and enrollment tables for family coverage plans Premiums, employee contributions, and enrollment tables for employee-plus-one coverage plans. Percent of workers participating in healthcare benefits, by selected characteristics, private industry, Notional Compensation Survey, Morch 2004 Characteristic Medical care All employees .......... .. ...... .. ....... ........ ..... ........... ...... Dental care Vision care 53 37 22 59 43 40 25 25 Worker characteristics White-collar occupations ... .. ......... .. ... ... ................ .. Blue-collar occupations .......................... ... ... .. ..... .. Service occupations .... ....... ..... .... ...... ... ... ............. . 60 24 66 Full-time employees ... .... .. .... .......... ..... ........ .... .... .. .. Part-time employees ....... ............ .. .. ..... ................. . 16 11 46 11 8 27 6 Union .. .. ... .... ................ .... .. .... .... ... ........ ... .... .... ...... . Nonunion ........... .. ........ ... ... ... .... .. ...... ... ..... .... .... ... ... . 81 50 68 33 50 19 Average wage : Less than $15 per hour .... .. ... ... ..... ..... .. ...... ... ...... . $15 per hour or higher ... .... .. .... ..... ....... .... ..... ... .. .. 40 26 71 53 15 33 Goods-producing .. ... .... ...... .............. ....... ..... .. ..... ... . Service-producing .. .. ..... ... .... ...... ... .. .... ....... ... ....... .. 69 48 49 33 30 20 1-99 workers ... .. ..................... ... .. ... .... ... ........... ...... . 100 workers or more ................ .. ... .... ... .. ..... .......... . 43 64 24 14 52 32 Metropolitan areas ..... ...... .. .... .. .... ........... ....... ... .... .. Nonmetropolitan areas ...... ....... .. .. .... ....... ... .. .... ... ... 54 48 38 31 23 New England ..... ... ... .. ..... .. ... ... .. ...... ............... ......... . Middle Atlantic ..... .. ........... ...... .. ........ .. ..... .. .......... .. East North Central .... ... ... .. ... .... .... .............. ... ... ..... .. West North Central .... .... ... ... ........... ... ... .... ... ...... .. ... South Atlantic ..... ............ ... .... .. .. ............ ..... ... .... ... . East South Central ................. .......... ... .................. . West South Central .. .. .. ........ ..... ..... ... .... .. ........ ....... Mountain ... .... ... ................. ........................ ....... ...... . Pacific .. .... .. .. ........ ... ............. .. ................. .. .... ...... .. 49 53 54 51 52 52 54 51 55 38 38 39 32 35 17 Establishment characteristics Geographic areas SouRcE: Bureau of Labor Statistics, National Compensation Survey. 44 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 36 33 38 41 18 24 22 17 19 25 20 23 30 Household surveys There are three major Federal household surveys that collect data on healthcare benefits: • • • The Current Population Survey (CPS) The Survey of Income and Program Participation (SIPP) The Medical Expenditure Panel Survey Household Component (MEPS-HC). The Current Population Survey is a monthly household survey jointly conducted by the Bureau of Labor Statistics and 11•1• 11 : : . - - the Bureau of the Census. Data are collected by personal and telephone interviews. The CPS 4 is the primary source of information on the labor force characteristics of the U.S. population. Supplemental questions are often added to the regular CPS questionnaire to produce estimates on a variety of topics, including health and employee benefits. Table 5 presents selected demographic inform'1,tion related to health insurance coverage. The Survey of Income and Program Participation 5 is conducted by the Bureau of the Census and provides information on the source and amount of income, labor force information, Percent of medical insurance participants required to contribute and percentage and amount of premiums paid by employees, by selected characteristics, private industry, National Compensation Survey, March 2004 Family coverage Single coverage Characteristic Employee contribution required (percent) Employee share of premium (percent) Average monthly contribution Employee contribution required (percent) Employee share of premium (percent Average monthly contribution 76 18 $67 .57 89 31 $264.59 White-collar occupations ... ......... ... ................... Blue-collar occupations .... .. ... ...... .. ... .... ..... ..... .. Service occupations ..... ......... .. ... ... .. .... .. .... ..... .. 78 70 81 19 16 21 69.07 63.15 72.40 91 84 91 32 28 35 271 .60 242.81 294 .58 Full-time employees ............. ................. .. .. ....... .. Part-time employees .... ... .... ... .. .. ...................... . 76 71 18 21 67.05 78.61 89 83 31 33 263.65 284 .66 Union ..... .... ... ... .... ......... ... ..... ... ....... ....... .. .... .... ... Nonunion ..... .... ... ... ... .. .... .... .. ...... .... ....... ............ 57 79 11 20 56.53 68.98 67 93 17 33 195.12 273 .51 Average wage : Less than $15 per hour ... .. ... ....... .. ... ...... ...... . $15 per hour or higher ..... .... .. .... ...... .. .. ..... ... ... 79 73 20 17 70.27 65.22 92 86 34 28 275.81 255.05 74 16 19 59 .89 70.63 85 90 26 33 221 .25 281.44 83 18 18 74.02 63.33 87 90 36 27 307.78 231.23 Metropolitan areas .. .. .... ... . . . .. .... . ... .. ... ...... .... ... . Non metropolitan areas ............. .. .. .... ........... ..... . 76 76 18 18 67.56 67.62 89 90 30 32 262.99 274.02 New England .................. .. ... ............ ...... ... ........ .. Middl e Atlantic ..... ... ... ..... ....... ......... ..... ... .... .. ..... East North Central ····· ··········· ······ ···· ········· ·· ······ · West North Central .............................. .... ......... South Atlantic .... ......................... .... ...... .. ..... ..... East South Central .. .... ............. ... ..... ........ ..... .... West South Central .. .......... .. ... ... .... .... ..... ... ....... Mountain .. ... ................... ............ ....... .............. ... Pacific .... .. .. .... ...... ...... ..... ....... .... ..... ..... .. ....... ... . 84 73 76 20 17 18 18 21 19 19 18 16 69.37 67.43 67.73 66.60 72.02 64.16 66.49 64.04 65.19 91 84 84 86 95 94 97 89 26 27 27 30 35 33 36 32 31 224.98 246.61 252 .62 258.23 293.72 247 .83 288.84 269 .86 260.51 All employees .......... ...... .... ... ......... .... .... .. .......... Worker characteristics Establishment characteristics Goods-producing ...... .. .... ...... ....... ... .... ..... .... .... .. Service-producing .... .... ....... .... ... .... ... ....... .. ..... .. 1-99 workers ...... .... .... ... ...... ... ... ..... .. ....... ... ...... . 100 workers or more .. .... . .. . .. .. . .. .. . .. . . .. 77 67 Geographic areas 77 79 79 81 79 65 1 The average is presented for all covered workers in plans stating a flat monthly cost and excludes workers without the plan provision. NOTE: Average contributions in this table are limited to participants who are required to contribute to medical insurance costs . The employee share of premium category includes workers who do not have to make a contribution https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 85 as well as employees who do have to contribute. The employee contributions referred to in table 4 include employees who do not contribute to medical insurance premiums as well as those who do. Dashes indicate data did not meet publication criteria . SouRcE : Bureau of Labor Statistics, National Compensation Survey. Monthly Labor Review November 2004 45 Healthcare Benefits program participation and eligibility data, and general demographic characteristics to measure the effectiveness of existing Federal, State, and local programs. Data are collected by personal interviews with telephone follow-ups. Data are used to estimate future costs and coverage for government programs, such as food stamps, and to provide improved statistics on the distribution of income in the country. The survey design is a continuous series of national panels, with a sample of household interviews lasting about 2 l /2 to 4 years. Table 6 presents selected published data from the SIPP. The MEPS Household Component Survey (HC), 6 a nationally representative survey of the U.S. civilian noninstitution alized population, collects medical expenditure data at both the person and household levels. The MEPS- HC collects detailed data on demographic characteristics, health conditions, health status, use of medical care services, charges and payments, access to care, satisfaction with care, health insurance coverage, income, and employment. In addition to collecting data at the person and household levels, expenditure data for the sampled households are then collected from the doctors, hospitals, and phar- Percent of private-sector employees that are enrolled in health insurance plans at establishments that offer health insurance by selected firm size and selected characteristi cs, Medical Expenditure Panel Survey (Insurance Component), United States, 2001 Characteristic All firm sizes 1,000 or more employees Less than 50 employees SO or more employees United States ....................... .. .............. .. .. .. . 62.2 64.4 60.5 62.6 Industry group: Agriculture , fishing , forestry ........... ... ........ Mining and manufacturing ................ .......... . Construction .... ... .. .. ..... ... ..... ....................... Utilities and transportation ..... .... .. ............. . Wholesale trade ........... ... .............. ... ... .... ... . Financial services and real estate ....... ..... . Retail trade .. .. .. ......... ... .. ....... .... ..,. .. .. .......... . Professional services ................ ................ . Other services ... .................. ... .... .... ......... ... 59.5 80.4 64.9 72.7 75.4 72.8 47.6 65.8 41 .9 64.7 84.0 71.3 73.9 80.0 73.5 42.4 67.2 45.1 52.6 71.2 66.6 63.2 69.7 71 .3 58.8 66.0 41 .9 64.4 81 .8 63.2 73.6 77.3 73.0 44.7 65.8 42.0 Ownership: For profit, incorporated ..... ................ .. ...... .. For profit, unincorporated ............ .... .. ... ... ... Nonprofit .... ....... .. .. .............. .... ....... ... ...... .. ... Unknown .. ..... .. ....................... ...... ...... ....... .. . 63.3 57.1 58.5 62.7 64.8 61.0 63.1 62.9 62 .2 56.5 53.9 95.8 63.6 57.4 59.5 62.3 Age of firm : Less than 5 years ..... .... ...... ....... ... ............ . 5-9 years ............................. .... ... ... ............ . 10-19years ................ ................. ........ .. .... . 20 or more years .. .. .... ........ .. ....... ..... .......... Unknown ........... ... .. .. .... ..... ......... .. ...... ...... ... 53.9 52 .0 56.0 63.2 67.0 68.2 39.4 53.1 50.4 46.3 53.1 67 .1 57 .0 58.2 59 .8 62.2 56.3 67.1 Multi/single status: 2 or more locations ....... ..................... .. .... ... 1 location only .. ................... ..... ... .... ...... .. .. .. 63.6 59.2 64.5 58.9 58.2 60.7 63.8 57.2 Full-time employees: Less than 25 percent ................ ............... .. 25-49 percent .................. ..... ............ ......... . 50-74 percent ..... .... .. ... .... ......................... .. 75 percent or more .. .... .... .... ...... ................ . Unknown .. ..................... ... .... ...... .... .. ........ .. . 18.3 31.4 50.0 70.7 64.2 21.1 34.4 55.4 72.3 64.8 16.9 29.3 46.4 69 .2 71.9 18.8 31.8 50.9 71.1 64.0 Union presence: No union employees ...... ............... ..... ... .. ... . Has union employees ........... .. ................... . t_ lriknown .. .... ... ... ...... ....................... .... ....... . 60.7 67 .7 64.2 62.4 68.7 64.8 60.1 66.0 71 .9 60.9 67.8 64.0 Percent of low-wage 1 employees : 50% or more low wage ..... ..... .. ..... ........ ...... . Less than 50% low wage .... .. .. ................... . Unknown ................. ... .. ........... .. ................. . 36.4 68.6 66.1 35.7 69.3 66.5 37.4 67.8 54.2 36.1 68.9 66.4 1 Defined as earning $9.50 per hour or less. Agency for Healthcare Research and Quality. SouRcE: 46 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 64 .3 63.5 macies used by these households. The primary collection method uses Computer Aided Telephone Interviewing (CATI) techniques. Table 7 presents selected data on the health insurance status of the population under age 65. Establishment vs. household surveys Why are there separate establishment and household surveys covering what appears to be the same health topics? Each ■ 1•1en::.:.•• survey type provides information that is unavailable or not readily available from the other. Establishment surveys provide more accurate data on the costs and details of health plans than do household surveys; however, the latter are better vehicles for obtaining demographic data such as age, sex, race, and marital status. 7 A question also is raised on the rationale for conducting multiple establishment and multiple household surveys. The answer again is that each survey is Average annual single and family premiums, average employee contribution and percent of total per enrolled employee at private-sector establishments that offer health insurance, by selected characteristics, Medical Expenditure Panel Survey (Insurance Component), United States, 2001 Family coverage Single coverage Characteristic Total cost Employee contribution Employee percent 1 Total cost Employee contribution Employee percent 1 United States ..... .. ....... ....... ...... .... ..... .... .. ... .. .. $2 ,889 $498 17.3 $7 ,509 $1,741 23.2 Industry group: Agriculture , fishing, forestry ... .............. .......... Mining and manufacturing ······ ············ ··-·········· Construction ---- ---- ---- --- --·· ··· ····· ······· ······· ······· ··· · Utilities and transportation ..... ..... .. ... .......... ..... Wholesale trade .............................................. Financial services and real estate .. .. ............ .. Retail trade ...... ..................... ............... ....... .. ... Professional services ....... .. .... .. ... ... ... .. ..... ..... .. Other services ........ .. ... ......... ........ .. ................ 2,709 2,738 2,632 2,817 2,735 2,944 2,774 2,992 3,062 449 423 442 393 427 539 643 439 607 16.6 15.5 16.8 14.0 15.6 18.3 23.2 14.7 19.8 6,859 7,308 7,154 7,362 7,331 7,878 7,171 7,746 7,735 1,106 1,311 1,839 1,271 1,650 1,913 2,234 1,921 2,088 16.1 17.9 25.7 17.3 22.5 24.3 31 .1 24.8 27.0 Ownership: For profit, incorporated ...................... .. ......... For profit, unincorporated ...... .... .... .. ..... ....... . Nonprofit ... ....... .. .......... ........ ... ............... ...... .. Unknown .. ............................. ...... ... .... .... ........ 2,821 3,032 3,182 2,839 512 472 443 499 18.1 15.6 13.9 17.6 7,463 7,775 7,759 7,416 1,701 2,359 1,757 1,671 22.8 30.3 22 .6 22 .5 Age of firm: Less than 5 years .......... .. ...... ........ ..... .. ......... . 5-9 years .... ... ..... .. .... ...... .. .... .... .... ................... 10-19 years .... ... ...... .. ..... ........... ...... ....... .. ... .... 20 or more years ............. ..... .... .. ........ .... ... ...... Unknown .. .. ...... ........... ... .............. ... ..... .... .... ... . 3,013 2,819 2,838 2,956 2,747 509 499 495 493 16.9 19.3 17.6 16.7 17.9 7,684 7,408 7,570 7,544 7,415 2,126 2,340 1,996 1,714 1,586 27.7 31.6 26.4 22 .7 21.4 Multi/single status: 2 or more locations .... ... ........... ..... ...... .. ........ 1 loi::ation only .. .... .... .............................. ... .... 2,857 2,947 521 459 18.2 15.6 7,476 7,601 1,644 2,013 22 .0 26.5 Full-time employees: Less than 25 percent ... ............ ............. .... .... 25-49 percent .......... ....... .. ............... ............. 50-74 percent .... .... .. .. .... .... .... .. .. ... .. ... ... ..... ... 75 percent or more ............. .... .... .... ...... .. ....... 2,670 2,744 3,019 2,882 601 631 551 481 22.5 23.0 18.3 16.7 7,046 7,065 7,524 7,533 1,829 1,676 1,963 1,716 26.0 23.7 26.1 22 .8 Union presence ..... ... .... ... ... ... ... ........ .. .. .. .... ....... No union employees .... ...................... .. ........ .. Has union employees ........ .... ... ... ...... .. ... ....... Unknown ........ ..... ..... .. ... .. ..... .... .... ... ....... ........ 2,860 2,938 3,149 511 408 569 17.9 13.9 18.1 7,648 7,070 7,730 1,966 1,186 1,598 25.7 16.8 20.7 Percent of low-wage2 employees 50% or more low wage ........ .. .... .......... ...... .. .. Less than 50% low wage .................... ... .... ... Unknown .. ..... .. .... ......................... ... .... ..... ...... 2,813 2,923 2,860 610 465 512 21 .7 15.9 17.9 7,113 7,626 7,426 2,227 1,802 1,571 31 .3 23.6 21.2 544 ' Percents may vary slightly due to rounding. 2 Defined as earning $9.50 per hour or less. SOURCE : Agency for Healthcare Research and Quality. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 47 Healthcare Benefits designed and funded for specific purposes, even though broad subjects, such as healthcare, may be the concern of different agencies. For example, as noted, the MEPS household survey focu ses on such details as the health status of individuals, their access to and use of healthcare services, and their income and employment status. The SIPP household survey, while producing selected healthcare statistics, collects data used to estimate future costs for government programs such as the food stamps program . Trends in healthcare costs There are several Federal Government agencies that provide estim ates on trends in health care costs. BLS publishes information from the NCS and the Consumer Price Index (CPI). The Bureau of Economic Analysis from the Department of Commerce, and the Centers for Medicare and Medicaid Services from the Department of Health and Human Services, also provide information on healthcare trends. Bureau of Labor Statistics. The NCS provides trends in employer costs through the Employment Cost Index (ECI) and the Employer Costs for Employee Compensation (ECEC). The ECI measures the rate of change in employee compensation, which includes employer costs for benefits, including health insurance. 8 The ECEC measures the average cost per employee hour worked that employers pay for employee compensation, including health insurance benefits. The ECI and ECEC provide data for the civilian economy, which includes Percent of people with health insurance coverage for the entire year and type of coverage by selected characteristics, Current Population Survey, 2002 Covered by private or government health insurance Private health insurance Characteristic Total Total ........ ....... ................. Government health insurance Not covered Total Total Employment Direct purchase Total Medicaid Medicare Military care 100 84.8 69.6 61 .3 9.3 25.7 11.6 13.4 3.5 15.2 100 100 83.3 86.1 69.6 69.6 62.2 60.4 8.6 10.0 23.6 27.8 10.5 12.7 11 .9 14.9 3.8 3.2 16.7 13.9 100 100 85.8 85.8 72 .3 72.4 63.2 63.3 10.1 10.2 24.8 24.7 9.8 9.6 14.2 14.4 3.5 3.5 14.2 14.2 100 89.3 77.4 67.3 11.4 24.6 7.7 15.8 3.8 10.7 100 100 80.1 79.8 54.2 54.0 50.4 50.3 4.3 4.4 33.8 33.7 23.4 23.1 10.3 10.5 3.6 3.5 19.9 20.2 100 100 100 82.0 81 .6 67.6 69.1 68.7 46 .0 60.6 60.0 42.4 9.5 9.8 3.7 18.7 18.4 26.1 10.6 10.4 20.2 8.1 8.5 6.4 2.8 2.3 1.8 18.0 18.4 32.4 Under 18 years .... ...... . 18 to 24 years ...... ... ... 25 to 34 years ..... ....... 35 to 44 years ....... ..... 45 to 64 years ....... ..... 65 years and older ...... 100 100 100 100 100 100 88.4 70.4 75.1 82 .3 86.5 99.2 67.5 60.4 67 .5 75.4 77 .7 60.4 63.0 48.9 63.2 70.7 71 .2 33.8 5.3 5.7 5.3 6.4 9.1 29.6 26.8 13.6 10.1 9.6 13.6 95.8 23.9 10.6 7.1 6.2 5.9 9.6 .7 .7 1.2 2.0 5.6 95.3 2.9 2.8 2.3 2.5 4.2 6.6 11 .6 29.6 24.9 17.7 13.5 .8 Nativity Native ...... ... ................. Foreign born ..... ........... Naturalized citizen .... Not a citiz en .. ... ...... .. 100 100 100 100 87.2 66.6 82.5 56.7 71.9 52.2 64.8 44.4 63.3 46.0 56.3 39 .6 9.6 7.1 9.8 5.4 26.5 19.9 27.6 15.1 11 .8 10.5 9.8 10.9 13.7 11.3 20.7 5.5 3.8 1.5 2.5 .9 12.8 33.4 17.5 43.3 Region Northeast ......... .... .. ... .. Midwest .. .... ........ ...... ... South .......................... West ... ...... ... . 100 100 100 100 87 .0 88.3 82.5 82 .9 71.7 76.4 65.9 66.9 64.1 67.4 58.0 58.3 8.4 10.0 9.1 9.6 26.0 23.3 27.4 25.4 12.2 9.7 11.8 12.8 14.7 13.3 14.1 11.6 1.8 2.1 4.9 4.1 13.0 11 .7 17.5 17.1 Sex Male ................. ........ .. ..... Female .... ...................... .. Race and ethnicity White alone or in combination .... ..... ......... White alon e ................ White alone, not Hispanic .... .... ... ... ..... Black alone or in comb ination ................ .. Black alone .. ..... ...... .... Asian alone or in combination .. ..... .. .. .. .... . Asian alone ..... .... ........ Hispanic (of any race) ... . Age SOURCE: U.S. Census Bureau. 48 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 the total private nonfarm economy and State and local governments, excluding households and the Federal Government. In December 2003, data were obtained from about 8,300 establishments in the private sector and 800 sample establishments in State and local government. Although both use the same data source, the ECI uses fixed employment weights based on the Bureau's Occupational Employment Statistics survey to derive industry and occupation series indexes. Since March 1995, 1990 employment counts have been used. The ECEC, on the other hand , produces cost levels and is calculated by using current, rather than fixed , employment weights. The ECI is designed to measure how compensation paid by employers would have changed over time if the industry/occupation composition of employment had not changed from the base period, while the ECEC is designed to measure the current cost for employee compensation. While the EC EC provides information about average compensation in the economy at a point in time, the ECI should be used to examine changes in benefit costs over time. However, by comparing the ECEC at 11e1•ir~.. different points in time, a measure of the change in average compensation in the labor market can be observed. For health insurance costs, for example, the change could indicate a shift in firms providing health insurance benefits, a change in the composition of premium costs between employer and employee, or a change in employee participation. 9 The share of total compensation accounted for by health insurance in private industry rose from 6.0 percent in March 1991 to 6.6 percent in March 2004. Table 8 provides estimates on annual benefit and health insurance cost trends from the ECI and ECEC from March 1991 to March 2004. The Consumer Price Index (CPI) is a measure of the average change in the prices paid by urban consumers for a market basket of goods and services purchased for day to day living. 10 The current CPI uses a market basket developed from detailed expenditure information collected from the Consumer Expenditure Survey. The 1998 CPI revision used information provided by families and individuals on what they actually bought over the years 1993 through 1995. Altogether, more Health insurance coverage types by age, sex, and employment status, Survey of Income and Program Participation, 1997 [Numbers in thousands) 65 and older 45-64 15-44 15 years and older Characteristic Percent Number Percent 55 ,211 100.0 32,064 100.0 72.5 51 .7 1.5 15.2 6.1 39,485 23,619 1,479 7,323 126 71.5 59.8 3.7 18.5 .3 4,202 965 562 404 31 13.1 23.0 13.4 9.6 .7 4,602 2,387 15,411 5.3 2.7 17.6 2,601 468 3,868 6.6 1.2 9.8 1,524 649 67 36.3 15.4 1.6 2.7 12.9 12.7 7.7 4,445 485 485 425 3.7 10.9 10.9 9.6 970 199 209 ( ') 1.8 20.5 21.6 ( ') 112 24 7 ( ') .4 21.8 6.4 ( ') 339 790 2,564 6.1 14.3 46.4 233 672 2,145 5.2 15.1 48.3 54 89 419 5.5 9.2 43.2 52 28 46.4 25.4 71,241 11 ,246 14,164 6,799 34.2 15.8 19.9 9.5 28,736 1,902 6,137 6,567 23.8 6.6 21.4 22 .9 14,756 2,938 4,780 114 26.7 19.9 32.4 .8 27,749 6,405 3,248 118 86.5 23.1 11 .7 .4 14,482 15,672 8,878 20.3 22.0 12.5 2,228 5,4 19 6,483 7.8 18.9 22.6 1,654 3,078 2,193 11 .2 20.9 14.9 10,600 7,176 202 38.2 25.9 .7 Number Percent Number Percent Total ... ................. .......... .. ..... ..... 208 ,059 100.0 120,784 100.0 Employed ... .. ....... ..... .................. Current employer .... .... .... .... .. . Previous employer ............. .... Spouse's employer ..... ........... Other relative's employer ...... Privately purchased or military-related ...... ... .... ..... ... Public health insurance ..... .... No health insurance ...... ...... ... 131,290 69 ,845 3,336 21 ,033 5,500 63.1 53.2 2.5 16.0 4.2 87 ,603 45,261 1,295 13,306 5,342 8,727 3,503 19,345 6.6 2.7 14.7 Unemployed ..... ..... .... ... ...... .. ...... Previous employer ..... ..... .... ... Spouse's employer ......... .. ..... Other relative's employer ...... Privately purchased or military-related ... ......... Public health insurance .... ..... No health insurance .......... .. ... 5,527 708 702 425 Not in labor force .......... .. ... .... ... Previous employer .... ... ...... .... Spouse's employer ................ Other relative's employer .. .... Privately purchased or military-related .. ....... ....... .... . Public health insurance .. No health insurance .. ....... ... ... Number ' Represents zero or rounds to zero. SOURCE: U.S. Census Bureau. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 49 Healthcare Benefits than 30,000 individuals and families provided expenditure information for use in determining the importance, or weight, of more than 2,000 categories in the CPI index structure. Using Consumer Expenditure Survey data from 1999 through 2000, the CPI began an ongoing 2-year weight revision with the publication of the 2002 indexes. The CPI reflects spending patterns for two population groups: All urban consumers (CPI -U) and Urban Wage Earn- l!!!IJI ers and Clerical Workers (CPI-W). The CPI-U represents about 87 percent of the total U.S. population. It is based on the expenditures of almost all residents of metropolitan areas . It excludes the spending patterns of persons in non-metropo litan areas, farm families, persons in the Armed Forces, and those in institutions such as prison inmates. The CPI-W's population represents about 32 percent of the total U .S . population and is a subset of the CPI-U 's population. Health insurance coverage of the civilian noninstitutionalized population under age 65, Medical Expenditure Panel Survey (Household Component), United States, first half of 2002 Population characteristic Percent distribution Population in thousands Private Public only Uninsured 247 ,52 3 67.9 13.5 18.5 133,479 48 ,923 78.6 49.6 3.5 22.8 17.9 22 .7 Male .. ..... .. .... ............. ... .. .... ... .. .. ...... .. ., .. .. ... ... Female ........ .. ... .... ...... .... .. .. .... ..... .. .... ... ....... .. 122,942 124,581 68. 3 67.5 12.0 15.1 19.7 17.4 Race/ethnicity Hispanic ... ... .. ......... ..... .. .. .................. ... ...... .. Black· ···· ···· ··· ················· ··· ··· ······· ··· ···· ······ ·· ··· White .. .. .... .. ...... .......... ... ... .. .... ... ... .. .......... .... Other .. ......... ...... .... ...... ... .. ....... .. .. ..... ... .... ..... 35,454 31 ,777 166,748 13,544 43.4 52.7 76.0 68.0 20.5 27.0 9.3 15.6 36.1 20.4 14.6 16.3 Hispanic male ...... ... .... ... .. .. ... ... ... ........ ....... ... Black male ...... .. ...... ...... ......... ... ............... ... .. White male ....... .... ... .. ... ... ... ..... ...... .. .... ...... ... . Other male ............ .... .. .. ........ .. ... ... .. ...... ..... .. . 18,251 14,866 83,148 6,677 44.2 53.1 76.2 68.5 17.4 24.4 8.4 14.2 38.4 22.5 15.3 17.3 Hispanic female .......... .. ...... .... .... .... ...... .... .. . Black female ........ .. ................ .... ...... ...... .... .. White female ...... .. ....................................... . Other female ........................................ .... ... . 17,203 16,911 83 ,600 6,867 42.5 52 .2 75.7 67.6 23.7 29.2 10.3 17.0 33.8 18.5 14.0 15.4 Marital status 2 Married ... ... ................... .. ..... ... ... ..... .... .... .... ... Widowed ...... .. ... ... ......... .. .... .... ..... .... ... ...... .... Divorced ...................... .... .... .... ... ........ ........ .. Separated .... .. ...... .. ... .. .......... .. ....... ... .... .... .. .. Never married .... . ...................................... .. . 98,352 3,282 20 ,493 3,946 56 ,852 80.3 56.0 64. 2 45.7 59 .1 4.9 20.2 12.5 20.7 12.4 14.9 23.8 23.3 33.6 28.6 Perceived health status Excellent .. .. .. ... ....................................... .. .. .. Very good .... .. ................ ...... ... .... .... .. ........... . Good ...................... ..... ... .. ...... .. ..... ... ...... .... .. Fair .......... .. .... .... .... .... ...... .. .. .. .. ... ........... .. .. ... Poor ...... .... ... ... .... ... ... ..... ...... ........... ... ........ ... 84,060 81,487 59 ,080 17,076 5,594 71.6 72.3 63.3 54.1 40.4 12.3 10.2 14.9 23.3 37.4 16.1 17.5 21.8 22.7 22.3 Census region Northeast .. ... ... ...... .. ... .. ............ .. .... .... ......... . Midwest .......... ... ..... .. .............. ...... .. ............ .. South ...................... ....... ......... ........ ............ .. West ..... ... .. .. ....... ... .... ...... ... .. ...... .. ........ ....... . 46 ,026 56 ,152 87,689 57,656 73.3 75.0 63.2 64.1 13.1 10.2 14.8 15.3 13.6 14.8 22.1 20.7 Total 1 •••••• • •• ••••• •••••••• • • •• • Employment status Employed .. ....... .. .. ........ .. ..... ..... ....... .. ......... .. Not employed ...... ...... ............ .. .................... . Sex 1 Includes persons with unknown employment, unknown marital and unknown perceived health status . 2 For individuals ages 16 and older. NOTE: The estimates in this table cover the civilian noninstitutionalized 50 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 population under age 65. Percents may not add to 100 because of rounding . SouRcE : Center fo r Fin a ncing , Access and Cost Trends , Agency for Health-care Research and Quality : Medical Expenditure Panel Survey, Household Component, 2002. Trends in private industry employer health insurance costs, Notional Compensation Survey, Morch 1991 to Morch 2004 ■ 1•1•u-. .: • private industry costs (cents per hour worked) ECEC ECI private industry (annual percent change) private industry costs (annual percent change) ECEC Date All benefits Health insurance All Health insurance benefits All benefits Health insurance March 1991 ...... ...... .. ..... .... .. .. ...... .. .......... ... ........ .. ... . 1992 .... ... ...... .... ... ............. ... ... ..... .. ..... ... ....... . 1993 ... ......... ... ... ................ ....... ........... ......... . 1994 ·· ············· ··· ···· ···· ······· ·· ···· ···· ··· 1995 ······· ····· ·· ········ ····· ··· ·· ········ ······················ 1996 ....................................... ... ......... .. .... ... . 1997 .. ... ............ .. ....... .... .... .......... ................. . 1998 ······ ············· ··············· ·· ····· ····· ·· ·············· 1999 ....... ................ ... .... .............. ........ ... ... .... 2000 .............................................. ... .. .... .... .. . 2001 ·· ···· ··· ······ ··· ······ ··· ···· ·· ········ ··· ·········· ······ ·· 2002 ······ ···· ···· ··· ··· ·· ··· ···· ····· ·· ··· ·· ········· ·· ········· · 2003 ......... .. ... .... ....... ... .... ....... .... ... ....... ... ..... . 2004 ········ ··················· ····· ·· ····· ······· ····· ········ ·· · $4.27 4.55 4.80 4.94 4.85 4.91 4.94 5.02 5.13 5.36 5.63 5.90 6.22 6.65 $0.92 1.02 1.10 1.14 1.06 1.04 .99 1.00 1.03 1.09 1.16 1.31 1.45 1.53 SouRcE: Dash indicates percent change is not applicable. NOTE: n.1.1r~•• 11 .5 10.3 8.1 5.7 1.6 5.8 6.3 5.6 4.4 2.9 1.6 2.0 2.3 2.2 5-5 5.0 4.8 6.1 7.0 10.9 7.9 3.6 -6.3 -1 .7 -4.4 1.8 2.6 5.9 8.0 12.6 11.2 5.5 6.6 5.5 2.9 -1.8 1.2 .6 1.6 2.2 4.5 5.0 4.8 5.4 6.9 - .3 0.2 2.2 3.7 7.6 8.1 10.5 9.8 9.3 Bureau of Labor Statistics, National Compensation Survey. Trends in healthcare prices, Consumer Price Index, Morch 1991 to Morch 2004 CPI All items ( 1982-84= 100) Medical care ( 1982-84= 100) CPI Medical care services ( 1982-84= 100) CPI Medical care commodities ( 1982-84= 100) CPI Date Index Percent change Index Percent change Index Percent change Index Percent change March 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 ·· ···· ····· ···· ···· ········· ··· ·· ·· ······ ··· ··· ··· ···· ·· ·· ···· ······ ·············· ·········· ········· ··· ··· ···· ··· ·· ··· ···· .... .. .. .. ... ···· ··· ··· ···· ··········· ·· ...... .... .... ....... .. ................. . ·· ····· ····· ·············· ······· ······ ·· ........... ....... ........ ..... ......... . ··· ···· ············· ··· ····· ···· ···· ····· ........................ .... .. ...... .... . .. .... ..... ....... ...... ...... ...... .... . .. ....... ............................... . ...... ......... ... ... ..... .... ...... .... . ··········· ···· ··· ···· ············· ·· ···· .. ...... ... ..... .......... ......... ... ... NOTE: 135.0 139.3 143.6 147.2 151.4 155.7 160.0 162.2 165.0 171.2 176.2 178.8 184.2 187.4 3.2 3.1 2.5 2.9 2.9 2.8 1.4 1.7 3.8 2.9 1.5 3.0 1.7 173.7 187.3 198.6 208.3 218.4 226.6 233.4 239.8 248.3 258.1 270.0 282 .0 294.2 307.5 Dash indicates percent change is not applicable. Medical care is one of the major item groups within the Consumer Price Index. This major group consists of medical care commodities and medical care services. Medical care services, the major component of medical care, includes physician, dental, eye care, and other medical professional services, inpatient and outpatient hospital care, and nursing home services. Medical care commodities include prescription and non-prescription https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7.8 6.0 4.9 4.9 3.8 3.0 2.8 3.6 4.0 4.6 4.5 4.3 4.5 173.8 187.4 199.7 210.4 221.8 230.7 237.7 244.8 253.1 263.2 275.9 288.9 302.6 318.4 7. 8 6.6 5.4 5.4 4.0 3.0 3.0 3.4 4.0 4.8 4.7 4.8 5.2 173.2 186.7 193.9 199.1 203.7 208.9 214.7 218.5 227.7 236.3 244.9 254.1 261.4 267.3 7.8 3.9 2.7 2.3 2.6 2.8 1.8 4.2 3. 8 3.6 3.8 2.9 2.3 Sou RcE: Bureau of Labor Statistics , Consumer Price Index , All Urban Consumers, U.S. city average, not seasonally adjusted . drugs and medical equipment and supp lies. Weights for CPI medical care reflect household expenditures for health insurance premiums, as we ll as out-of-pocket medical expenses not covered by health insurance. The CPI does not include employerpaid insurance premiums or government-paid healthcare such as Medicare Part A. 11 Table 9 provides estimates on annual price trends from the CPI from March 1991 to March 2004. Month ly Labor Review November 2004 51 Healthcare Benefits Bureau of Economic Analysis. The Bureau of Economic Analysis (BEA) is an agency of the Department of Commerce, which along with the Bureau of the Census, are part of the Economics and Statistics Administration. The cornerstone of BEA 's estimates is the National Economic Accounts, which feature the estimates of gross domestic product and related measures. 12 The National Economic Accounts are aggregations of accounts belonging to four sectors of the economy: business, personal, government, and foreign. For each sector, three accounts are created-a production account that records the production attributable to that sector; an appropriation account that records the sources of that sector's income; and a savings-investment account that records the sector's net increase in assets or liabilities. Taken together, these sector accounts constitute a double-entry system in which an outlay recorded in one account is also recorded as a receipt in another account. The National Income and Product Accounts (NIPA) are a combination of the sector accounts designed to display the value and composition of national output and the di stribution of incomes generated by its production. The NIPA consists of seven accounts: (I) the domestic income and product account; (2) the private enterprise income account; (3) personal income and outlay account; (4) the government receipts and expenditures account; (5) the foreign transactions current account; (6) the domestic capital account; and (7) the foreign transactions capital account.'3 In producing NIPA estimates, BEA relies primarily on data based on information gathered by regulatory or tax agencies for other purposes as well as data from other statistical agencies, such as BLS and the Bureau of the Census. Comprehensive data on health insurance are difficult to obtain because employer-provided health insurance has no single administrative source of data. Final estimates are based on a combination of regulatory information, survey data, and trade sources. MEPS is the primary date source for the employer cost of the employee health insurance component and for the medical care and hospitalization insurance component of personal consumption expenditures. Estimates from the Employer Cost for Employee Compensation published by BLS are used to estimate the annual growth rate of employer expenditures. Wage data from the BLS annual tabulations of wages and salaries of employees covered by State unemployment insurance reports are also used. Within the personal income and outlays account is the Personal Consumption Expenditures for medical care. Included within this account are costs (in current dollars) for physicians, dentists, and other professional services; costs for hospital visits and nursing homes; and health insurance and workers' compensation costs. Changes in current dollar expenditures can be decomposed into quantity and price components. Quantities or "real" measures and prices are expressed as index numbers with the reference year 2000, currently equal to 100. Annual changes in quantities and prices are calculated using a Fisher formula that incorporates weights from two adjacent years. 14 The NIPA produces a "chained weighted" measure that updates the weights for every period. For example, the growth rate between 1992 and I 993 is computed using prices that prevailed in 1992 and 1993, while the growth rate Trends in healthcare costs, Bureau of Economic Analysis, National Economic Accounts, March 1991 to March 2003 Personal consumption expenditures for medical care (millions of dollars) Index for personal consumption expenditures for medical care (2000=100) Date Millions of dollars Percent change Index Percent change - - - - -- - -~ - - -- -- - - - t - - - - - -- -- March 1991 1992 1993 1994 1995 1996 1907 1998 1999 2000 2001 2002 2003 .. ..... .. ..... ... ..... . ................ .. ... .................... .. .. .... ....... ... .. ... ... ...... ............. . ...... .... ......... .. .. ... ....... .. ....... .. ···· ·· .... .. ........ .. ...... .............. .. ......... ... .... ..... ... ... ......... .... ... . ··· ··· ····.. ····· ···-- ····· ········· ····· ···· ········ ·· ······ ··· ····· ·· .. ... .... .............................. ... .. .... .. .. ... ... ............ ... .... .... ...... . ... .. .. ..... ......... ... .. ..... ..... ...... . ..... ... ........... .. .. .... .. .... .... .. .... . ..... .... .. ..... .... .. ..... .. .. ............. $590,667 656,587 703 ,754 741,349 789 ,806 821,476 859 ,878 911,398 944,276 1,003 ,564 1,084 ,582 1,175,209 1,272,391 11.2 7.2 5.4 6.5 4.0 4.7 6.0 3.6 6.3 8.1 8.4 8.3 NOTE: Dash indicates percent change is not applicable. SouRcE: Bureau of Economi c Analysis , National Economic Accounts, 52 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 72 .655 76 .633 80.483 83.911 87.485 89 .624 92.031 94.247 96.491 98 .934 102.819 105.410 108.369 5.5 5.0 4.3 4.3 2.5 2.7 2.4 2.4 2.5 3.9 2.9 2.8 National Income and Product Accounts tables, Table 2.4.4U Chain-Type Price Indexes for Personal Consumption Expenditures, Medical care; Table 2.4.5U Personal Consumption Expenditures by Type of Product, Medical Care. between 1997 and 1998 is computed using prices that prevailed in 1997 and 1998. Chain-type estimates provide the best available method for comparing the level of a given series at two points in time. Table IO provides estimates on trends in healthcare costs from the National Economic Accounts from March I 991 to March 2003. Centers for Medicare and Medicaid Services. The Centers for Medicare and Medicaid Services (CMS) is an agency of the Department of Health and Human Services. The CMS publishes the National Health Accounts (NHA), an annual series of statistics presenting total national health expenditures. 15 The NHA consists of categories defining the sources of healthcare dollars and the establishments from which services are purchased with these funds. Funding sources are broadly classified into private health insurance , out-of-pocket spending, and specific government programs such as Medicare and Medicaid. A small portion of expenditures is estimated for other private revenues, such as philanthropic giving and revenues received for nonhealth activities. Behind each NHA source of funding is a sponsor, designated as business, households, governments, and other private funds, who provides the financial support with which healthcare bills are paid. The difference between the source of funds and the sponsor can be illustrated using private health insurance. Although private health insurers pay claims on the behalf of individuals, the premiums are paid or sponsored by employers (business, government, and households). Although private health insurance is considered a private source of funding, in the NHA, the payments are categorized into business, household, and government sponsor categories. The NHA is compatible with the National Income and Product Accounts published by BEA. The NHA includes the National Health Expenditures, historical and projected, and the State Health Expenditures. The National Health Expenditure survey measures spending for healthcare in the United States by type of service delivered (hospital care, physician services, nursing homecare, and so forth) and the source of funding for those services (private health insurance, Medicare, Medicaid, out-of-pocket spending, and so forth). Total health expenditures are broadly classified into private health insurance, out-of-pocket spending, and specific government programs such as Medicare and Medicaid. A small portion of expenditures is estimated for other private revenues such as philanthropic giving and revenues received by some healthcare providers from nonhealth activities such as the operation of cafeterias and gift shops. Private health expenditures include out-of-pocket expenses, private insurance, and "other private revenues" described above. Private health insurance expenditures are the cost of premiums earned by private health providers. See the box below for the definitions used by the National Health Expenditure Survey. The primary source for estimating private and State and local government contributions to employer-sponsored health insurance plans is the MEPS-IC survey sponsored by the Agency for Healthcare Research and Quality. Employer-paid premiums were estimated forward using the annual growth in private health premiums derived from the Employer Costs for Employee Compensation component of the NCS. The U.S. Office of Personnel Management supplied estimates of the premium amounts paid by Federal employers on behalf of their employees and retirees. Tables 11 and 12 provide estimates on expenditures and trends in healthcare costs from the National Health Expenditures Survey from 1993 to 2002. Per capita health expenditures and growth in private health costs and private health insurance, National Health Expenditures Survey, 1993-2002 Average annual percent growth from previous year Per capita health expenditures Year 1993 .... ..... .... .... ........ .... .. .. ... .... .... .... ..... ..... .. ... ... ... ........ .. 1994 ·· ···· ···· ······ ···· ···· ···· · 1995 ·· ·· ······ ···· ······· ···· ··· ·· ·· ·· ··· ···· ···· ···· ····· ······· ··· 1996 ......... ... .. .. .............. .. ..................... ......... .. 1997 ·· ······ ·· ··· ···· ············ ········ ········ ····· ········ ······ 1998 ....... .. ............ .... .. ..... .... .. .. .... .. ........ .. .... .... 1999 ······· ·· ··· ·· ····· ·· ··· ··· ················ ··· ·· ·· ··· ··· ······ ·· 2000 ···· ··· ······ ···· ······ ······· ··· ···· ··· ······· ·· ······· ·· ··· ··· 2001 ... ... .. ................. .. .... .. .... ...... ..... ..... ... .... .... 2002 ................. .. ..... .. .... .. .... ... .. .. ......... ...... ..... . Per capita amount Private health expencitures Private health insurance expenditures Per capita growth $3,381 3,534 3.698 3,847 4,007 4,179 4,402 4,670 5,021 5,440 $1 ,895 1,922 1,993 2,061 2,161 2,285 2,411 2,550 2,716 2,941 $989 8.5 5.5 5.7 5.0 5.1 5.3 6.3 7.1 8.5 9.3 1,078 1,119 1,171 1,243 1,319 1,422 1,545 1,679 Private health expenditure growth 6.4 2.4 4.7 4.4 5.8 6.7 6.5 6.7 7.5 9.3 Private health insurance growth 3.8 4.7 6.2 6.1 7.8 8.7 8.6 NorE : Dash indicates data not available. SouRcE: Centers for Medicare and Medicaid Services, National Health Expenditures Survey. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 53 Healthcare Benefits Definitions used in the National Health Expenditure Survey Out of pocket expenditures Direct spending by consumers for all healthcare goods and services. Included is the amount paid for services not covered by insurance and the amount of coinsurance and deductibles required by private health insurance and by public programs such as Medicare and Medicaid. Enrollee premiums for private health insurance and Medicare are not included, as are coinsurance and deductible amounts paid by supplementary Medicare policies. Private health insurance Individually purchased and employer-sponsored insurance premiums paid for by a variety of plans, including traditional healthcare plan (Blue Cross and Blue Shield) premiums, managed care, and self-insured plans. Managed care plans include Health Maintenance Organiastions (HM0s), Preferred Provider Organizations (PP0s), and Point of Service Plans (Poss). Self-insured plans are offered by employers who directly assume the major cost of health insurance for their employees. Some self-insured plans bear the entire risk, while others insure against large claims by purchasing stop-loss insurance plans. Stop-loss coverage limits the amount an employer will have to pay for each person (individual limit) or for the total expense of the company (group limit). Other private funds Revenues received for which no direct patient care services are rendered. The most widely recognized source of other private funds is philanthropy. Philanthropic support may be direct from individuals, obtained through fund-raising organizations such as the United Way, or obtained from foundations or corporations. For some institutions, other private funds 54 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 include income from the operation of gift shops, cafeterias, parking lots, as well as investment income. Medicare Payments from the Federal health insurance program for people aged 65 and older and those with certain disabilities. Medicare coverage provides for acute hospital care, physician services, brief stays in skilled nursing facilities, and short-term skilled homecare related to a medical problem. Coverage is restricted to medical care, and does not include prescription drugs or custodial care at home or in nursing homes. Medicaid Payments from a Federal-State program that covers health services for low-income individuals and families. Coverage and eligibility requirements vary by State. Medicaid is the largest source of funding for medical and health-related services for people with limited income and the primary payer of nursing homecare. Other public funds All other healthcare expenditures channeled through any program established by public law. For example, expenditures under workers' compensation programs and direct healthcare costs for the Dt7partment of Defense, Department of Veteran Affairs, and Indian Health Service. Also included are State and local hospitals, home health agencies, and school health subsidies. Premiums paid by e9Iollees for Medicare Supplementary Medical Insurance are included as a public expenditure; however, Medicare coinsurance and deductibles are included under outof-pocket payments because they are paid directly by the beneficiary to the provider of the service. Amount and percent distribution of personal healthcare expenditures by source of funds, National Health Expenditures Survey, selected calendar years 1993-2002 Year Expenditure category 1993 1995 1997 $775.8 146.9 259.9 38.4 330.5 144.4 115.7 70.4 $865.7 146.5 288.8 44 .2 386.2 178.6 135.3 72.3 $959.2 162.1 319.2 51.4 426.6 203.6 151.7 71 .3 100.0 18.9 33.5 5.0 42.6 18.6 14.9 9.1 100.0 16.9 33.4 5.1 44.6 20.6 15.6 8.4 100.0 16.9 33.3 5.4 44.5 21.2 15.8 7.4 1999 2000 2001 2002 Amount (billions of dollars) Total ... .. ... .. ... ... ...... .. ... ... ...... .......... ... ..... ....... ...... Out-of-pocket payments .. ... .. ... ... ....... .... ... ....... Private health insurance ...... ........... ... .... ... ...... Other private funds ···· ·· ·············· ·· ··· ·· ·· ············ Public funds .. .............. ......... ....... ..... .. ... .......... . Medicare ... .. ... ..... .... ... ......... ... ... .... ...... ... ..... .. Medicaid ··· ·· ··· ·· ···· ······· ··· ····· ······ ··· ······ ·· ····· ···· Other public funds ..... .. ... ... ... ...... ........ .. .. ..... $1,065.0 184.5 366.4 56 .2 457.9 206.2 173.7 78.0 $1 ,135.3 192.6 398.7 54.2 489 .8 217.5 188.3 84.0 $1 ,231.4 200.5 437.2 53.7 540.0 239.2 207.5 93.3 $1 ,304 .2 212.5 479 .3 56.2 592.2 259 .1 232.4 100.7 100.0 17.0 35.1 4.8 43.1 19.2 16.6 7.4 100.0 16.3 35.5 4.4 43.8 19.4 16.9 7.6 100.0 15.9 35.8 4.2 44.2 19.3 17.3 7.5 Percentage distribution Total ...... ........... ....... .. ....... .. ....... ..... ....... ... ........ .. Out-of-pocket payments .. .......... .... .... .. ...... .. .... Private health insurance ..... .... .... ...... .. ... ...... ... Other private funds ........ .. .... ....... ...... ... ..... .... .. Public funds ............ ... ..... ... ... .... .. .. ... .... .. .. .... .... Medicare ............................. ... ... .... ... ..... ..... .. . Medicaid ······· ··· ··· ··· ··· ·· ···· ···· ········· ···· ··· ······ ···· Other public funds ........ ....... .. .. ..... ... .... ........ 100.0 17.3 34.4 5.3 43.0 19.4 16.3 7.3 SouRcE : Centers for Medicare & Medicaid Services, Offi ce of the Actuary, National Health Statistics Group ; U.S . Cen sus Bureau . Summary of the United States is highly decentralized, with a myriad of Federal agencies involved in the collection and analysis of health statistics. The missions of agencies differ, with some having a major focus of investigation, regulation, or enforcement, while others such as BLS being THE STATISTICAL SYSTEM exclusively a statistical agency. These different purposes result in outputs varyi ng in scope of coverage, methodology, and timing. The purpose of this article was to give an overview of the major Federal statistics on healthcare, not to provide an exhaustive list of all surveys and detailed differences in methodology. For more information, visit the Internet si tes listed in the Notes section. D Notes 1 More information on the National Compensati on Survey is avai lable on the Inte rnet at http://www.bls.gov/ncs/ (v isited Sept. 24, 2004). 2 More information on the Medical Expenditure Panel Survey (Ins u rance Compone nt) is available o n th e Inte rnet at http:// www.meps.ahcpr.gov/MEPSDATA/ic/2001/technote2001.pdf (visited Sept. 24, 2004). ' For more details on MEPS a nd NCS compar iso ns, see William Wiatrow ski , Holly Harv ey, and Kath ari ne R . Levit, ·' EmploymentRelate d Hea lth In surance: Federal Age nci es' Roles in Meeting Data Needs ," Hea lth Care Financing Re view , Spring 2002 , Volume 23, Number 3, pp. 115- 130. The article is available on the Internet at http:/ /www.c ms.hh s.gov/review/02s pring/02S pringpg 115. pd f (visited Sept. 24, 2004). 4 More information on the Current Popu lati on Survey is ava ilable on th e Internet at http://www.census.gov/prod/2003pub s/p60-223.pdf (visited Se pt. 24, 2004). 5 More information on the Survey of Income and Program Participation is available o n th e Int e rn e t at http://www.c ensus.gov/prod/ 2003pubs/p70-81.pdf (visited Se pt. 24, 2004). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6 More information on th e Medica l E x pe nd iture P ane l Survey ( Hou se hold Componen t) is ava il able o n th e Internet a t http:// www.meps.ahrq.gov/papers/rfl8_02-0006/rfl8.pdf (visited Sept. 24, 2004). 7 For a full di sc ussio n on co mparin g estab li shment and household surveys, see Diane E. Herz, Joseph R. Meisenheimer II , and Harri e t G. Wein ste in , ·' Hea lth and re ti rement benefits : data from tw o BLS surveys," Monthly Labor Review, March 2000, pp . 3- 20. Th e a rti c le is avai lab le o n the Int e rn e t at http ://www.bls.gov/opub/mlr/2000/03/ artlfull.pdf (vis ited Sep t. 24, 2004). 8 More information on the methodology of the National Compensation Survey and hi stori ca l data for the Employment Cost Index and Employer Costs for Emplo yee Com pe n sa ti o ns is availabl e o n th e Internet at http://www.bl s.gov.ncs/ec t.hom e.ht m (v isited Sept. 24, 2004). 9 More information on usi ng and comparing estimates from the EC I and ECEC is available from several articl es . See Michael K. Lettau, Mark A . Loewenste in , a nd Aaron T. Cushner, " Explaining the Diffe re ntial Monthly Labor Review November 2004 55 Healthcare Benefits Growth Rates of the EC! and the ECEC, --compensation and Working Conditions, Summer 1997, pp . 15- 23; Albert E. Schwenk, .. Measuring Trend s in the Structure and Levels of Employee Costs for Employee Compensation," Co mpensa tion and WorkinR Conditions, Summer 1997, pp . 3- 14; and Martha A.C. Walker and Bruce J. Bergman, .. Analyzing Year-to-Year Changes in Employer Costs for Employee Co mpen sation ," Compensation and Working Conditions, Spring I 998 , pp. 17- 27. 10 More information on the methodology and hi storical data for the Consumer Pric e Index is available on th e Internet at http:// www.bls.gov/cpi/home.htm (visited Sept. 24, 2004). 11 More information on measuring pri ce change for medical care in the CP I is available on the Internet at http://www.bls.gov/cpi/ cpifact4.htm (visited Sept. 24, 2004). 12 More information o n the met hodology and hi storica l data for the Nati o nai Economic Accounts is available o n the Inte rn et at http :// 56 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 www.bea.doc.gov/bea/mp.htm and http://www.bea.doc.gov/bea/ dnl.htm (visited Apr. I, 2004). 13 The number of accounts in NIPA increased to seven with the 2003 benchmark revision. For more information , see Nicole Mayerhauser, Shelly Smith, and David F. Sullivan, .. Preview of the 2003 Comprehensive Revi sion of the National Income and Product Accounts," Survey of Current Business, August 2003, pp. 7-31. 14 For more information on Fisher formulas and the use of "chained weighted" index in the NIPA, see the news release, "Initial Results of the 2003 Comprehensive Re vi s io n of the National Income and Product Accounts," Survey of Current Business, December 2003, Volume 83, Number 12. 15 More information on the methodology and historical data for the National Health Accounts is available on the Internet at http:// www.cms.hhs.gov/statistics/nhe/default.asp and http:// www.cms.hhs.gov/statistics/nhe/historicaV (visited Sept. 24, 2004). ''I?' Defined Benefit Plan Rates t Measuring defined benefit plan replacement rates with PenSync A synthetic pension data set created with regression and statistical matching procedures utilizes IRS data to evaluate the effectiveness of a defined benefit pension plan in meeting the income needs of retirees,· the findings suggest that variations in replacement rates stem from differences in benefit formulas, earnings, years in the plan, and employment characteristics James H. Moore, Jr. ill future generations of retirees have adequate retirement income to maintain their preretirement standard ofliving? In an effort to better understand retirement income security, the Social Security Administration (SSA) developed a microsimulation model, called Modeling Income in the Near Term (MINT), 1 to project the retirement income of persons born between 1926 and 1965. There are three main sources of retirement income: Social Security, employer pension benefits (from both defined benefit and defined contribution pension plans), and personal savings. This article focuses on a method for projecting income from defined benefit pension plans. Version 1 of MINT used replacement rates calculated by the Bureau of Labor Statistics (BLS, the W: Bureau) to estimate retirement benefits from the James H. Moore, Jr., is an economist in the Office of Research, Evaluation, and Statistics , Division of Policy Evaluation, Social Security Administration, Washington , oc. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis private sector, as well as from State and local government defined benefit plans. Because the Bureau no longer publishes replacement rates, 2 and because there are no other sources from which to obtain such rates, SSA has developed an experimental replacement rate calculation requiring BLS data on pension plans. A file containing both the statistically re-created BLS data and data from the Survey oflncome and Program Participation (SIPP) is linked to earnings histories. Work was done under a memorandum of understanding between the Bureau and the SSA such that BLS data would be analyzed at the Bureau and only results of statistical equations could be taken offsite. Under the MINT, two key components-pension plan characteristics and preretirement earnings-are used to calculate replacement rates. The statistical equations developed at the Bureau are used to estimate pension plan characteristics as a function of.job characteristics, which are statistically matched to SIPP individuals. SSA administrative data on earnings are used to develop two measures of earnings and to calculate defined benefit amounts. These amounts, together with preretirement earnings, are then used to calculate replacement rates. The resulting dataset is called PenSy nc. Estimating future pension income is especially problematic in light of the major changes that have occurred in the world of pensions. For example, over the last two decades, the demographics of individuals covered by a pension, as well as the type of pension plan providing the coverage, have changed drastically. As recently as the mid- l 990s, the majority of full-time employees in medium-sized and large private establishments who were covered by a pension plan were covered by a defined benefit plan.3 Currently, the majority of all employees (full time and part time) in private industry are covered by a defined contribution plan. 4 Not only has the type of pension plan changed, but so has the design of the plan. 5 A new type of pension plan has evolved as well: the cash balance plan, which has gained popularity over the past few years .6 According to data recently released by the Bureau, participation in cash balance plans increased Monthly Labor Review November 2004 57 Defined Benefit Plan Rates nearly fourfold between 1997 and 2000, from 6 percent to 23 percent. Currently, no data set collects enough information to analyze these changes in pension plan coverage and design. Through a statistical match, the methodology in this article brings together ( 1) detailed information on pension plans and plan providers, (2) survey data on plan participants, and (3) administrative data on earnings histories, in order to improve the estimation of pension income for future retirees. The article begins with a presentation of the methodology, including a brief description of the key components of a defined benefit plan and the models used to replicate the employerbased survey (EBS) data. Next, the data are described, after which the statistical matching procedure and the assumptions are discussed. Finally, results are given and a conclusion proffered. deferred wages from 1981 through 2001. These data are provided to the Internal Revenue Service on Form w-2 from employers; the form reports on all persons with wages, including nonfilers and other noncovered employees. The Summary Earnings Record contains Social Security-covered earnings derived from payroll tax records for the years 1951 through 1999 (up to the taxable wage ceiling). After a review of both data sets, it was determined that the Detailed Earnings Record had significant advantages over the Summary Earnings Record. One major advantage to using the Detailed Earnings Record is that it has earnings data for each job in each year, whereas the Summary Earnings Record's earnings data is a sum of all earnings from all jobs in each year. By using the Detailed Earnings Record, it is possible to separate earnings out by job, which in tum makes it possible to isolate one defined benefit plan with the earnings from one job, instead ofhaving a sum ofearnings from multiple jobs. Data One of the major sources of data used in this study was the 1995 EBS. Because the 1993 SIPP data and the 1995 EBS data were collected the same year, comparability of the two data sets is facilitated. The EBS provides representative data on the incidence and detailed provisions of the Nation's defined benefit pension plans in all nonagricultural private-sector establishments employing 100 or more full- and part-time workers in all 50 States and the District of Columbia. The sample used in the study contains 4,925 observations. Because defined benefit plan provisions are difficult for the average person to interpret, the appendix to this article briefly describes some of the major provisions found in such a plan, including the benefit forrrulas and some of their key components, as well as eligibility requirements. 7 Using representative samples of the Nation's households, the SIPP collects data on sources and amounts of income, various characteristics of the labor force, participation in government programs, eligibility data, and general demographic characteristics. The study presented in this article focused on the data collected in the Retirement Expectations Pension Plan Coverage Topical Module and the Work History Topical Module. To make the SIPP more comparable to the EBS, the SIPP sample was restricted to nonagricultural private-sector wage and salary workers who worked at an establishment with 100 or more employees and who were covered by a defined benefit plan. The self-employed are not included in the sample, and individuals must have had at least 5 years of employment in their current job. The sample consists of individuals who were born between 1930 and 1955 and who thus ranged in age from 40 to 65 in 1995. All told, the sample has 2,508 observations for analysis. Two sources of administrative earnings data were used for the construction of the earnings measures: the Detailed Earnings Record and the Summary Earnings Record, both maintained by the Social Security Administration. The Detailed Earnings Record contains information on wages, tips, other compensation, and 58 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 Methodology Chart 1 shows the flow of the systematic procedures applied to create PenSync and to calculate replacement rates. The first step is to determine the structure of the data and to select the proper econometric technique that best fits the data. Ordinary least-squares (OLS) regression is used to fit continuous explanatory and dependent variables. However, because the dependent variable that represents the type of formula is categorical, the traditional OLS multiple regression analysis is not appropriate. A discrete dependent-variable model fits the data substantially better than least-square methodology. 8 Therefore, the study used a multinomial logit (MNL) model to fit the categorical dependent variable. The next step involves estimating the MNL and the OLS models to obtain estimates of the coefficients. The resulting estimates are used to produce predicted values by a process of multiplying the estimated coefficients by the observed EBS data. The end product is a database called PenPred. The next step in the process is to statistically match the predicted pension plan characteristics (PenPred) to the SIPP by job characteristics. This procedure assigns a defined benefit pension plan with detailed characteristics to the analytical sample of workers in the SIPP who reported being covered by such a plan. The resulting dataset is called PenSync. The final two steps involve constructing an algorithm to calculate benefit amounts and then calculating the replacement rate for each individual in the sample. Model specification MNL model specification. The employer's choice of pension formula is modeled with McFadden's random utility framework. 9 Nine alternatives are identified: two flat-dollar formulas; four types of terminal-earnings formulas; two types based on a The aeatioo a PenSync aid replacement rates Estimate the rvt,.JL and a.s equations Create PenSync Statistically matd"l PenPred to Sipp Create PenPred Calculate replaa:3ment rate Calculate benefit amount percentage of the worker's career average earnings; and a cash balance plan.10 In choosing which type of formula to provide, employers may consider a variety ofjob characteristics, such as their employees' occupations and work schedules. The decision may also be affected by the characteristics of the employers themselves, such as the type of industry in which the establishment operates, the number of employees in the firm, and the presence or absence of a union. (See table 1 for the descriptive statistics of job characteristics variables used to model the employer's choice ofbenefit formula.) For any employer i, the utility of choice j to that employer is expressed as (1) Utility-maximizing behavior implies that employer i will choose a particular alternative j only if UiJ > Uik for all k not equal to j. The error term c: is assumed to be a random variable and includes idiosyncrasies and measurement errors. Employer i chooses the alternative that produces the greatest utility. The decision is random. The probability of any given alternative j being chosen by an employer can be expressed as * (2) P = P( UiJ > U), for all k j. By substitution of equation ( 1), P = P( Vii+ c:iJ >Vik+ c:ik' for all k *)). where Rearranging terms yields UiJ is the overall utility of choice j for employer i, V(E, 1-V) represents utility determined by the observed data, E is a vector of employer characteristics, Wis a vector of characteristics of employees within the firm, £ is a vector of unobserved components, and j denotes pension formula alternatives. If the distribution of the random c:'s is known, the distribution of each difference£ lj..- c:.kl , for all},}* k, can be derived. Then, from equation (3), the probability that the employer will choose alternative j can be calculated. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 59 Defined Benefit Plan Rates percentage of earnings, averaged over the last few years of employment; 6. percentage of terminal earnings, together with a fixed percentage of earnings, averaged over a specified period of consecutive y ears of employment; 7. percentage of terminal earnings, together with a fixed percentage of earnings, averaged over the employee's career; 8. percentage of terminal earnings, together with varying percentages of earnings, averaged over the employee's career; 9. cash balance plan. Descriptive statistics for job characteristics variables Category Number Percent 56 49 1,330 804 154 444 1,106 982 1.14 .99 27.01 16.32 3.13 9 .02 22.46 19.94 1,564 1,652 1,709 31 .76 33 .54 34.70 3,547 1,378 72.02 27.98 308 4,617 6.25 93.75 Less than 250 .............. . 25G-499 ......................... . 500-999 .. ...... ........ .... . 1,000 or more ..... ...... ...... ........... .. 922 754 886 2,363 18.72 15.31 17.99 47.98 Number of observations .. ...... .... . 4,925 100.00 Industry Mining ....... ..... ...................... . Construction ... .... .......... ... .... .. Manufacturing ... .. ..... .. .............. .. Transportation . .... ........... .. ... .... .. . Wholesale ... ..... ... .... ...... ... ... ..... .. . . Retail ........ .. .. ............ ... ......... ..... .. Finance .. .. . Service ...... .. Occupational groups Professional ........... .......... ... ..... .. Blue collar ... .. .. ... .............. .... .. .. Clerical . Union status Not a union member .... .. ... ........ .. Union member ...... ...... ............... . Work Schedule Part time .......... . Full time .. ........... .. .. Employment SouRcE: Author's calculation using EBS data. Letting X..lj = (E.,l W.)l and assuming that Vis a linear function of components of X operationalizes equation 2 as (4) where ~J is a vector of coefficients indicating the effect of the various X/s on employer i's utility derived from option j. Note that ~J is subscripted by the choice index}. This means that, in the analysis, a given X y.. is allowed to "interact" with each option. For example, union status may have one effect on the utility of choosing a flat-dollar formula and another on the utility of choosing a cash balance plan. As mentioned earlier, an MNL approach is used to determine the probability that an employer will choose one of nine mutually exclusive benefit formulas: 1. flat dollar amount times years of service, together with a fixed dollar amount times years of service; 2. flat dollar amount times years of service, together with a varying dollar amount times years of service; 3. percentage of terminal earnings, together with a fixed percentage of earnings, averaged over the last few years of employment; 4. percentage of terminal earnings, together with a varying percentage of earnings, averaged over a specified period of consecutive years of employment; 5. percentage of terminal earnings, together with a varying 60 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 (Yet a 10th formula is a pension equity plan, based on terminal earnings and to which interest rates do not apply. However, the incidence of such plans is too scarce to estimate with any precision.) The MNL model is frequently used to analyze situations in which there are a number of alternatives. However, it is widely known that a potentially important drawback of the model is the property called "independence from irrelevant alternatives" (IIA); that is, the model can be applied only to situations in which the alternatives from which one chooses are totally independent. To test for the existence of IIA, a model is constructed such that the alternatives include choosing one type of benefit formula over a different type ofbenefit formula. If the employer views the alternatives as differing only along irrelevant dimensions, then, when the model is reestimated, it will not show a significant difference in explanatory power from that of the original model. The model used in this article passed the IIA assumption. That the model passed the IIA assumption is not entirely surprising, given that there are many incentives embedded in the different types of pension formulas offered by employers. Some types of pension formula are geared toward retaining employees, while others encourage retirement. Therefore, depending upon the incentive sought by the employer, his or her decision to offer a particular type ofpension formula is IIA. Again, the purpose of the IIA test is to ensure that the alternatives presented to employers are indeed viewed as independent. I I Consequently, in this context, for a given employer i with characteristic xi, the probability of choosing a given benefit formula can be estimated with the MNL model eV 'I K L evijk k=I where BF iJ = the probability that employer i chose formula}, (5) v lJ.. = I~ mX IJm = the deterministic component of the utility of score a new data set of predicted observations. 12 Table 2 gives an overview of the accuracy of the MNL model. The model predicted the correct formula 71 percent of the time, on average, and many of the incorrect predictions were among similar types offormulas. For example, the model predicted a flat-dollar formula with a fixed dollar amount with a 95 .77-percent accuracy rate, while predicting a flat-dollar formula with a varying dollar amount 20.45 percent of the time. However, when the model incorrectly predicted a flat-dollar formula with a varying dollar amount, it predicted that that formula would be a flat-dollar formula with a fixed dollar amount 50 percent of the time. Both types of formula are similar in their design, and any attempts that were made to increase the accuracy of the prediction flawed the model with multicollinearity and overspecification. The results from the OLS models are found in table 3. To summarize the procedure, the first step involved estimating equations 5 and 6 to generate a set of coefficient estimates, which are used to replicate the EBS data. The resulting estimates of the coefficients are used to produce predicted values by multiplying each estimated coefficient by the corresponding observed EBS data. This multiplication process is repeated for each variable in the equations specified. The end product is a database containing the predicted values for each observation required to compute a pension benefit amount, along with the related explanatory variables. The database is called PenPred. To assess the quality of PenPred, the resulting means and standard deviations are compared with those of the EBS. (See table 4.) formula) to employer i, mth explanatory variable for formula) and employer i, in which m = 1.. .M , and ~ m = coefficient to be estimated. XiJm = the The MNL model includes information on characteristics of the employer, of his or her employees, and of the pension plan the employer is offering. (For a description of the values of the dependent variable, see exhibit 1.) In addition to predicting the type of formula, the model estimates the quantitative values common to each type, using OLS. OLS model specification. The quantitative variables for employer i and formula) can be written as (6) where QViJ is a set of quantitative pension provision variables used in the pension benefit calculation and i denotes the ith employer. In this model, the coefficients are estimated by a linear least-squares multiple regression, ~ oi is a constant, Xis a vector of job characteristics of the employer and his or her employees and pension plan characteristics, and f\ is an error term. (See exhibit 2 for a listing and definition of the quantitative pension variables.) Creating the synthetic pension file Statistical matching. Statistical matching is a process of linking data from multiple data sets on the basis of similar characteristics rather than unique identifying information. In a As shown in chart 1, the first two steps in creating PenSync involve fitting the MNL and OLS models to the EBS data set to tdolJaramowit fvi t withi, v~rying dollar amount timesye3ts o se . centage of te1111IDa eammgs, together with a fixed percentage o(earwn8s,, averaged over the last ew yeacy loyment ' · ' _· · · · ercentage of termi# earnings, together with a v:~g ~centage of earnings., averaged over a specified period f consecutive years of employment : . , . . ercentage of terminal eamin: s· etlier with a varying percentage of earnings, averaged over the last few years ~loyment • ,,y , · - ~ ' · g g ,erag _d ver a ~p~cifie~ peri~~ 0£ to cutiv ·¾.• centage . eer centage of terminal · ' · to ether · · arying percen • \ ' . veraged over the eJlll>loyee 's es · s, avera ed over ~ loyee 's er https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labo r Review November 2004 61 Defined Benefit Plan Rates Definitions of quantitative variables OOL OOL OOL OOL OOL OOLl OOL2 OOL3 YRSl YRS2 First dollar-amount breakpoint used to calculate a flat-dollar formula Second dollar-amount breakpoint used to calculate a flat-dollar formula Third dollar-amount breakpoint used to calculate a flat-dollar formula First years-of-service breakpoint used to calculate a flat-dollar formula Second years-of-service breakpoint used to calculate a flat-dollar formula NORM AAS Sum of normal retirement age and years of service NORM AGE Normal retirement age NORM SRV Normal retirement service requirement NRPAY Percentage of earnings contributed to a cash balance plan NR INT Interest rate EBASEYRl First breakpoint for number of years to be included in the calculation of benefits EBASEYR2 Second breakpoint for number of years to be included in the calculation of benefits POE OOLl First dollar-amount breakpoint used to calculate a percentage-of-earnings formula POE OOU Second dollar-amount breakpoint used to calculate a percentage-of-earnings formula First percentage-of-earnings breakpoint used to calculate a percentage-of-earnings formula POE PCTl Second percentage-of-earnings breakpoint used to calculate a percentage-of-earnings formula POE PCI2 Third percentage-of-earnings breakpoint used to calculate a percentage-of-earnings formula POE PCT3 Fourth percentage-of-earnings breakpoint used to calculate a percentage-of-earnings formula POE PCT4 POE PCT5 Fifth percentage-of-earnings breakpoint used to calculate a percentage-of-earnings formula POE YRSl First breakpoint for number of years of service to be included in the calculation of benefits POE YRS2 Second breakpoint for number of years of service to be included in the calculation of benef · statistical match, each observation in one microdata set (a base database) is assigned one or more observations from another microdata set (a secondary database). The assignment is made on the basis of similar characteristics because the files lacked the same unique identifier. A substantial amount of research has been carried out concerning the validity of using statistically matched data for analysis. A number of the early researchers in the field carefully documented some of the shortcomings of statistical matching. 13 In particular, Benjamin Okner pointed out some of the common problems with statistical matching, including comparability of the data, the handling of missing data, specific techniques for matching, and the definition and evaluation of the goodness of a match. The next subsection briefly discusses some steps taken to address Okner 's concerns. Data comparability. In an effort to make the PenPred data and the SIPP data compatible, the following harmonization criteria, well discussed in the literature, were used: 14 1. Harmonization of units. It is necessary that records from the different sources refer to the same unit. The unit of analysis for this study is workers. 2. Harmonization of target population. If the data sets refer to different target populations, it is important to select just those records which refer to the population of interest. 62 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 Both data sets comprise a sample of workers employed in private nonagricultural industries and occupations and who participate in a defined benefit plan. 3. Harmonization of variables. The common variables should be defined in the same way. Both data sets use Standard Industry Codes and Census Occupation Codes to categorize the industry and occupation, respectively. Missing data. There are three common approaches to handling missing data: impute the missing data, model the probability of "missingness," or ignore the missing data. After testing to make sure that there were no significant differences on the key variables between records with missing data and records without missing data, the more conservative approach to handling missing data was adopted. Hence, missing values are replaced with means for each variable. 15 Selection of th e matching variables . Consider first PenPred, henceforward called the universe U, consisting of a set of N records. For each record, there are values for R variables. U is represented by an N-by-R matrix, in which each of the N rows contains the values of the R variables for one record. The R variables represent the industry code, the occupation code, and the union status, all of which are considered key variables for matching based on analysis performed on the EBS data. The SIPP consists of a set of M 1111 Accuracy of multinomial logit model Predicted formula value Frequency and percent Observed formula value Predicted total .... Frequency . Percent ... Frequency . Percent .... . Frequency. Percent .. .. .. Frequency . Percent .. Frequency . Percent ....... Frequency .. Percent ....... Frequency . Percent .... Frequency . Percent .. SOURCE: 1 2 3 4 5 6 7 8 Flat dollar Career average terminal earnings 1 2 3 4 873 816 95.77 22 50.00 0 .00 1 .07 0 .00 0 .00 0 .00 0 .00 20 6 .70 9 20.45 0 .00 1 .07 1 .29 3 .19 0 .00 0 .00 147 0 .00 0 .00 112 72.26 2 .14 29 8.36 4 .25 0 .00 0 .00 1,683 14 1.64 13 29.55 0 .00 1,182 84.73 1 .29 473 29.66 0 .00 0 .00 5 358 0 .00 0 .00 43 27.74 0 .00 315 90.78 0 .00 0 .00 0 .00 7 6 21 2 .23 0 .00 0 .00 1 .07 0 .00 6 .38 11 64.71 0 .00 1,446 1 .12 0 .00 0 .00 207 14.84 1 .29 1,099 68.90 6 35.29 132 61 .40 8 95 1 .12 0 .00 0 .00 1 .07 0 .00 10 .63 0 .00 83 38.60 Cash balance Observed total 9 282 12 1.41 0 .00 0 .00 0 .00 0 .00 0 .00 0 .00 0 .00 4,925 852 ... 44 ... 155 1,395 347 1,595 17 ... 215 Author's calculation using EBS and PenSync data . records. For each record, there are values for the S variables that are represented by an M-by-S matrix, in which each of the M rows contains the values of the S variables for one record. The S variables represent the industry code, the occupational code, and the union status. As mentioned earlier, to enable two or more data sources to be statistically matched, a set of variables common to all data sets must be found. These common characteristics are referred to asXvariables, whereX= (xl' ... ,x)- In this equation, values of all pension provisions; and Z = (z 1••• z,), where zi is a vector of socioeconomic and work history variables. Specification of the distance function. The statistical matching procedure is carried out by minimizing a distance function, defined as the absolute difference of the numerical values of the occupations and the union statuses in two cases: the distance between the ith worker in the U and the }th worker in the SIPP is defined by k Du= x 1 = the worker's two-digit standard industry 16 classification; x 2 = the worker's three-digit standard occupation classification; 17 and x 3 = the worker's union status.The ith record in U is denoted (7) and, as indicated, contains j observed variables. Similarly, the ith record in the SIPP, (8) contains h observed variables. The remaining variables in each of the files are referred to as Yon the PenPred file and Z on the SIPP file. Y= 6\-·.Yq), where yi is a vector of predicted https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis L (1in-J jn)+(oin-Ojn)+(uin-Ujn), (9 ) n=I where n= l, ... ,k, D lJ.. = the distance between the ith U record and the 1th SIPP record, I m - IJn = the distance between the values of the nth pair of industry variables in the ith record, 0 m - 0 Jn = the distance between the values of the nth pair of occupation code variables in the ith record, and U.m - U.Jn = the distance between the values of the nth pair of union status variables in the ith record. Certain X variables may be treated as cohort variables. A cohort variable establishes subclasses of the records in each Monthly Labor Review November 2004 63 Defined Benefit Plan Rates ■ 1• 1 •1r=--- Regression results for selected quantitative variables ordinary least squares model Variable DOL_DOL1 ...... . .... ............ .. Constant 5.0851 (.80890) 4.5894 1 (.0735) 5.26057 1 (.076) -2.6099 1 (.480) .2800 2 (.0911) -3143 (.2185) -4.3253 (3.9373) 46.606 1 (2.01) 10.629 1 (1 .94) 1 CB PERCENT ... ... .. .... ... ... .. CB INTEREST ... ..... ...... ... .. .. POE 1 ... ............. .. ................ POE2 .. .. ...... ........................ YEARS 1 .................. ........ ... YEARS2 ............ .......... NORM_AGE ... .... ...... .......... . NORM_SRV ... .. ........ ... ....... . 1 2 Size -0 .0005 (.00001) .0001 1 (.00001) - .0001 (.00001) .0002 2 (.00005) .00002 (.000009) .0001 1 (.000002) - .0006 (.0004) .001564 1 (.0002) - .00152 1 (.0001) 1 Industry Work schedule -2.862 (.3666) .164 1 (.0322) .0044 (.0333) - .3918 (.2103) .1202 (.0399) .3194 2 (.0957) 4.3718 (1 .7254) 5.454 1 (.88) -6.373 1 (.523) -2.0372 1 (.4234) - .0600 (.0372) .043 (.0385) 1.8657 1 (.2429) - .054 2 (.0461) .0678 (.1106) 8.346 1 (1 .993) -3.20707 2 (1 .01) 3.71762 1 (.604) 1 1.2767 (.2336) - .0032 (.0205) .0502 (.0212) .6683 1 (.1340) - .0807 (.0254) - .062 (.0610) -1.8145 (1 .1) -2 2 (.56) 1.3416 1 (.333) 1 Union status Dollar formula Career average 0.3024 (.2616) - .0346 (.023) .016 (.0238) .8312 1 (.1501) - .2721 1 (.0285) .0314 (.0683) 3.6991 (1 .2312) -2.98348 1 (2.98) 2.67692 31 .8015 1 (.5091) -4.8377 1 (.0447) -5.2488 1 (.0462) - .3176 (.2921) - .1862 2 (.0554) - .3266 (.133) -6.4945 (2.3964) -2 .8452 (1 .22) 6.3605 1 (.723) 0.7117 (.4262) -4.8791 1 (.0375) -5.2148 1 (.0387) 12.9813 1 (.2445) 5662 1 (.0464) 3.3456 1 (.1113) 26.0477 1 (2.0059) 7.651 1 (1 .02) 1.856 (.61) 1(.7) Jll .74 1 .79 .79 .67 .18 .41 .12 .09 .10 Significant at 1-percent statistical level. Significant at 5-percent statistical level. of the two files, with matching permitted only between a pair of cases in the same subclass. In this study, xi' "industry," is the cohort variable. For example, a worker in the mining industry in the SIPP file can be matched only to another worker in the mining industry in the U file. Three assumptions are relevant to the statistical matching procedures: Assumptions. I. No unobserved heterogeneity exists between the predicted data and the observed data. Stated differently, the probabilities associated with being covered by a given pension formula and having a particular set of job characteristics are analogous across the three data sets. Mathematically, this identifying assumption is captured in the formula n(x,yl X, Dat¾Ls) - n(x,y,I X, DatasIPP) - n(x,y, I X, Dat~enSync ) = 0 (10) where = type of pension plan, y = type of formula, andX is a vector of individual job characteristics (for example, industry, occupation, and union status). Sensitivity analysis was conducted to check the validity of this assumption. Basic descriptive analysis revealed that the mean values of the observed data are similar to the mean values of the predicted data. Cross tabulations also revealed similarities between the three data sets. x 2. Workers will remain on their current job until they reach 64 Occupation Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 the normal retirement age. This assumption is rendered mathematically as where i = start year of current job, ... , retirement year. Many defined benefit plans allow workers to retire prior to the normal retirement date, but the worker's benefit is reduced by an actuarial reduction factor. The current version of PenSync does not have the capability to model early retirement; therefore, it is assumed that workers will remain on their current job until they satisfy the normal retirement provision specified in their defined benefit plan. Note that the assertion that workers will remain on their current job obviously presupposes that those workers will continue to work in the same industry and occupation. To test the feasibility of remaining on the current job, the SIPP and the data from the Detailed Earnings Record were used to measure tenure on the current job and the frequency of job change. The SIPP data reveal that the average tenure on the current defined benefit pension job was 18 years, and the Detailed Earnings Record data indicate that, between the starting year (reported in the work history topical module of the SIPP) of the current job and 2003, 63 percent of the workers in the sample remained with their same employer. To test these assumptions further, the SIPP data are used to check how often a worker reports changing industry or occupation. When the full panel of the SIPP is analyzed, it is found that 92 percent and 90 percent of the workers report remaining in the same industry and occupation, respectively. (Recent growth 11•1•u~•- Mean and standard deviation for predicted and observed quantitative variables Standard deviation Mean Variables DOL_DOL1 ...... ..... .... ....... DOL_DOL2 ......... ...... .... .. DOL_DOL3 .... ........... ... .... DOL_YRS1 .... ..... ..... ........ DOL_YRS2 .. ..... ... ......... .. NORM_MS ..... ................ NORM_AGE ···· ····· ··· ···· ···· NORM_SRV . ... . ... ... .. .. .. . .. NR_PAY . ... ..... .... ... ...... ... . NR INT ... ......... ... ............ EBASEYR1 EBASEYR2 ... POE- DOL1 .. .. .. . .. . .. . ... ... .. . POE- DOL2 . ... .. . . ..... .. . . .. . POE- PCT1 . ... ... .. .. ... ... .. POE- PCT2 POE- PCT3 POE PCT4 POE_PCT5 ... ...... ........... .. POE_YRS1 .. POE- YRS2 ~URGE : Predicted Observed 6.40 .04 .66 .15 .05 5.32 57.38 7.89 .31 .31 2.97 21 .24 243.58 .00 6.33 .09 .46 .11 .11 5.30 57.33 7.91 .30 .32 2.79 20.76 234.11 .00 10.24 .67 .18 .02 .04 5.22 .43 10.19 .76 .00 .00 .00 5.40 .50 Author's calculation using EBS Difference 0.06 - .05 .19 .04 -.06 .02 .04 - .02 .01 -.01 .18 .48 9.47 .00 - .04 .09 - .18 -.02 - .04 .18 .06 Observed Difference 11 .81 .20 1.10 .36 .22 2.03 5.29 3.23 1.21 1.21 1.70 11 .67 146.37 .00 5.64 .43 .00 .00 .00 2.91 .50 13.83 1.44 5.20 1.14 1.81 20.10 17.77 10.59 1.34 1.41 2.40 35.52 1,877.95 .00 7.03 .85 .43 .14 .21 11 .30 2.28 -2.02 -1 .25 -4.10 - .78 -1 .59 -18 .07 -12 .49 -7.36 - .13 - .20 - .71 -23 .85 -1 ,731 .58 .00 -1 .39 - .42 - .43 - .14 - .21 -8.39 -1 .78 and PenSync data. in cash balance plans may have affected the length of time people stay in their jobs, but the timeframe of the data is years before that growth.) 3. The SIPP-reported pension job for employer 1 is the job with the highest earnings in the w-2 file in each year. Again, mathematically, this assumption can be stated as n(x,yl ~' Dat~ER) - n(x,yl ~, DatasIPP) = 0, ( 12) where X = earnings in a given year and t = 1951 ... 2002. This assumption assumes that the pension module job 1 in the SIPP 18 is the same as the job reporting the highest wage on the Detailed Employment Record. SIPP respondents are asked the question about calendar-year wages and salaries twice per panel and are encouraged to refer to their respective w-2 forms or other documents to ensure their accuracy. To test the validity of the third assumption, the earnings total reported in the SIPP for the pension job is compared with the highest-wage job on the Detailed Employment Record for the same year. The SIPP earnings are similar to the highest earnings on the Detailed Employment Record, varying by plus or minus $2,000 annually. Respondents in the SIPP also can report earnings and pension coverage from two employers; therefore, to render it yet more likely that the probability that the pension job reported for employer 1 is indeed the highest-wage job on the Detailed Employment Record, the second job reported in the SIPP is analyzed. The analysis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Predicted reveals that less than 3 percent of the unweighted individuals who reported having a defined benefit type of pension reported having the same type of pension on their second job. The matching algorithm. The match procedure is unconstrained, which has the advantage of permitting the closest possible match for a U record, but at the cost of increasing the sample variance of estimators involving the Y and Z variables. To avoid violating the confidentially provision in the memorandum of understanding, particular attention is given to tabulations based on small cell sizes. To avoid the possibility of unauthorized disclosure, cells with three or fewer cases were dropped from the sample. The matching algorithm also employs a decision rule: if the pair agrees on all three characteristics (that is, industry, occupation, and union status), designate the pair as a level- I match; or else if the pair agrees on the two characteristics industry and occupation, designate the pair as a level-2 match; or else if the pair agrees on the two characteristics industry and major occupational group, designate the pair as a level-3 match; or else if the pair agrees on industry characteristics only, designate the pair as a level-4 match; or else designate the pair as a nonmatch. As shown in the following tabulation, the final data file for analysis consists of 2,508 observations containing detailed socioeconomic variables, along with indepth employer-provided pension data: Monthly Labor Review November 2004 65 Defined Benefit Plan Rates Level Number of matches Match rate (percent) Total .. ... ... ... . 1 .. ... ... ............. ..... 2 ...... .................... 3 ..... .......... ... .. ..... . 4 .......... ................ 2,508 1,876 192 430 10 100 75 8 17 .004 This database is called PenSync. Benefit algorithm. The final procedure used to create the synthetic pension file involves constructing an algorithm to calculate benefit amounts and replacement rates for each individual in PenSync. The algorithm starts by determining the type of formula assigned to an individual (for example, career average earnings, terminal earnings, cash balance, or a flat-dollar formula) . For individuals covered by a formula based on a percentage of their earnings times years of service, a subroutine is initiated to determine whether the earnings are career average earnings or terminal earnings. For individuals covered by a career average arrangement, the benefit amount is •n------ 11• 1 determined by multiplying a proportion of the average earnings from the Detailed Earnings Record by the worker's total number of credited years of service. 19 For individuals whose benefit amounts are based upon a terminal earnings arrangement, the algorithm multiplies a proportion of the average earnings from the Detailed Earnings Record during a specified period, typically near the individual's retirement age. For individuals who are covered by a cash balance plan, the benefit amounts are represented as an account balance equal to a percentage of the individual's earnings during each year of participation in the plan, credited with interest based on some index. At retirement, a participant in a cash balance plan typically receives his or her accumulated vested account as a lwnp sum. For purposes of the analysis carried out in this article, once the worker reaches the normal retirement age specified by the plan, the accumulated vested account is transformed into an annuity. Some benefits are associated, not with earnings, but rather, with a dollar amount per year of service. For those individuals, the benefit amount is determined by multiplying a fixed dollar amount by years of service in the plan. Pension income and replacement rote for workers who qualify for normal retirement prior to 2003 Category All workers ...... Average earnings (dollars) Replacement rate (percent) Percent of workers High 3 of last 5 100 $37,958 $32,649 $1 ,012 32 19 54 10 17 35,858 38,921 32,233 40,600 30,068 34,381 28,192 32,614 818 1,144 781 960 21 38 21 32 36 39 18 43 49,779 25,148 32,308 42,579 22,607 27,606 1,415 579 815 42 24 26 33 25 27 40 60 37,828 38,044 32,999 32,417 913 1,079 26 36 27 31 16 15 10 12 26 22 28,015 31 ,144 33,406 29,837 45,759 47,428 23,711 27,315 29,080 26,122 38,206 41 ,674 256 502 845 955 1,178 1,840 9 18 28 30 33 61 11 20 31 34 33 41 66 35 39,594 34,852 33,930 30,219 917 1,202 25 46 27 32 High 5 of last 1O Monthly benefit High 3 of last 5 High 5 of last 10 29 Type of formula Dollar formula ....... Terminal earnings Career average ...... Cash balance ..... ... ...... .. .... ... ... 24 30 20 Occupation Professional/technical ... .. ... .... Administrative/clerical Production/service ......... ...... ... Industry Goods producing . Non-goods producing Years in the plan 0-10 .... ................ ................... .. 11-15 ·· ····· ·· ·· ···· ······· ···· ···· ···· ···· · 16-20 ..... ....... ... .... .. ..... .... ........ 21-25 ..... .. .. ......... ...... ... ............ 26-30 ... ..... .......... ......... ............ More than 30 ........ ..... .............. Union status Non-union member Union member ........ NoTE: High 3 of last 5 is the average of the 3 highest years of earnings 5 years prior to the normal retirement date specified in the pension plan . High 5 of last 10 is the average of the 5 highest years of earnings 10 years prior to the normal retirement date specified in the pension plan . All earnings and benefit amounts are measured in 2003 dollars. Eligibility for retirement depends on a worker's age or number of years of credited service , or both. The mean normal retirement age in PenSync is 60, with 66 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 an average of 25 years of service . The normal reti rement date is the year in which the worker satisfies his or her pension plan provision which specifies that the worker is eligible to receive an unreduced retirement benefit. The year 2003 is used to verify whether an individual has satisfied the normal retirement requirement. The mean normal retirement year in PenSync is 1998. SouRcE: Author's calculation using PenSync. The final step in the algorithm produces a set of pension benefits and replacement rate ratios for the two measures of earnings: the last 10 years of earnings (Ll0YR) and the last 5 years of earnings (L5YR). Ll0YR is the average of the 5 highest years of earnings 10 years prior to the normal retirement date specified in the pension plan; L5YR is the average of the 3 highest years of earnings 5 years prior to the pension plan's normal retirement date. The latter is the year in which the worker satisfies provisions specified in the plan in order to receive an unreduced retirement benefit. The year 2003 is used to verify whether an individual has satisfied the pension plan's normal retirement requirement. All earnings and benefit amounts are measured in 2003 dollars. percentage-point differential. Replacement rates were considerably lower for those in administrative/clerical or production/service jobs, compared with those in professional/ technical jobs, and were lower for those in goods-producing industries than those in non-goods-producing industries. Union members are estimated to have higher replacement rates than non-union members, and more years ofparticipation in a pension plan is associated with much higher replacement rates. Workers who remain in the same pension plan for more than 30 years have more than 60 percent of their earnings in the 5 years prior to retirement replaced by their plans, compared with only a 9percent replacement rate for those with less than 10 years of participation. Results PREDICTING RETIRMENT INCOME FROM A PENSION PLAN is a For workers who are eligible for normal retirement benefits prior to 2003, the defined benefit plan is estimated to replace about 30 percent of the last year of positive earnings. The average earnings are estimated to be about $35,000, and the average monthly pension benefit is $1,012. (See table 5.) Pension replacement rates are estimated to vary by the type of benefit formula, employment characteristics, and years of participation in the pension plan. Replacement rates were lowest for those in flatdollar or career average formulas and highest for those in terminal earnings formulas or cash balance formulas, with a 16- to 17- difficult task. The absence of good data is a major contributor to the difficulty involved. Furthermore, the lack of comprehensive data sources on pensions places limitations on pension research and policy decisions. The methodologies applied in this article have been in existence for decades, yet they remain more of an art than a science. However, many challenges are inherent in the employment of the procedure itself: the specification of an appropriate model, data harmonization, and, probably most important, the quality of the data. Nevertheless, the methodology set forth herein is a reasonable approach, given conD straints from two different restricted data sets. Notes 1 M INT was developed to estimate the distributional effects of proposed Social Security policy alternatives on current and future benefic iaries ' retirement income . The model projects retirement income from Social Security, pensions , personal investments or savings, and partial retirement earnings . For a complete description of the MI NT project, see the final reports prepared by the RA N D Corporation (Constantijn Panis and Lee Lillard, "Near Term Model Development ," draft final report , SSA contract no . 600-96-27335 (Santa Monica, CA, RAND, 1999); Constantijn Panis , Michael Hurd, David Loughran , Julie Zissimopoulos, Steven Haider, and Patricia St . Clair, " The Effect of Changing Social Security Administration 's Early Entitlement Age and the Normal Retirement Age," draft report, SSA contract no . 600-96-27335 (Santa Monica, CA , RAN D, 2002)) ; The Urban Institute (Eric Toder and others, " Modeling Income in the Near Term- Projections of Retirement Income through 2020 for the 1931 - 1960 Birth Cohorts," final report, SSA contract no . 600- 9627332 (Washington, DC, The Urban Institute, 1999)); and the Social Security Administration (Barbara A. Butrica, Howard M. lams, James Moore, and Mikki Waid, Methods in Modeling Income in the Near Term (MINT), ORES working study no. 91 (Social Security Administration, May 2001 )). 2 The last years the Bureau published replacement rates for full-time employees were 1993 for those in medium and large private establi shments and 1994 for State and local government employees . See Employee Benefits in Medium and Large Private Establishments, 1993 , Bulletin 2456 (Bureau of Labor Statistics, November 1994), especially table I , p. 8. 3 4 See National Compensation Survey: Employee Benefits in Private Industry in th e United States, 2000, Bulletin 2555 (Bureau of Labor https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Statistics, January 2003), especially table I, p. 4. 5 See Olivia Mitchell, " Developments in Pensions," NBE R Reporter (Washington, DC, National Bureau of Economic Research, 1998); and Leslie E . Papke, "Are 401 (k) Plans Replacing Other EmployerProvided Pensions? Evidence from Panel Data," Journal of Human Resources, vol. 34, no . 2, spring 1999, pp . 346- 68 . 6 Kenneth R. Elliott and James H. Moore, "Cash Balance Pension Plans : The New Wave," Compensation and Working Conditions, vol. 5, no . 2, summer 2000, pp . 3- 12 . 7 To learn more about defined benefit plans and their features , see Gerald E. Cole, "An Explanation of Pension Plans," Employee Benefits Journal, June 1999, pp . 3- 13 . 8 A. Agresti , Categorical Data Analy sis (New York, J. Wiley & Sons, 1990). 9 D. McFadden, "Conditional Logit Analysis of Qualitative Choice Behavior," in P. Zarembka, ed ., Frontiers in Econometrics (New York, Academic Press, 1974), pp . 105- 42 . 10 See the appendix for a brief description of these alternatives . Interested readers should refer to W. H. Green, Econometric Analysis (New York, Macmillan , 1990); K. Train, Qualitative Choice Analysis: 11 Theory, Econometrics, and an Application to Automobile Demand (Cambridge, MA , MIT Press, 1986); and Moshe Ben-Akiva and Steven Lerman, Discrete Choice Analysis: Th eory and Application to Travel Demand (Cambridge, MA , MI T Press, 1985 ; 4th printing, 1991). Monthly Labor Review November 2004 67 Defined Benefit Plan Rates 12 For a description of the SAS Proc Score procedure, visit the website http://ftp.sa s.co m/techs up/down load/sta t/scoren ew. html. See also SAS Technical Support Documents 650e, Multinomial Logit, Discrete Choice Modeling : An Introduction to Designing Choice Experiments, and Collecting, Processing, and Analyzing Choice Data with SAS (Cary, NC, SAS Institute, Inc., 2001 ). 13 See Benjamin A. Okner, "Constructing a New Data Base from Existing Microdata Sets: The 1966 Merge File," Annals of Economic and Social Measurement, July 1972, pp . 325- 52, and "Data Matching and Merging: An Overview," Annals of Economic and Social Measurement, April 1974, pp . 347- 52; Horst E. Alter, "Creation of a Synthetic Data Set by Linking Records of the Canadian Survey of Consumer Finances with the Family Expenditure Survey 1970," Annals of Economic and Social Measurement , vol. 3, no . 2, 1974, pp. 373- 94; D. B. Radner, R. Allen, M. E. Gonzalez, T. B. Jabine, and H. J. Muller, Report on Exact and Statistical Matching Techniques, statistical policy working paper (U.S. Dept. of Commerce, 1980); and J . T. Barry, "An Investigation of Statistical Matching," Journal of Applied Statistics, vol. 15, 1988, pp . 275-83 . 14 The statistical matching criteria for integrating data were taken from Marcello D'Orazio, Marco Di Zio, and Mauro Scanu, "Statistical Matching: a tool for integrating data in National Statistical Institutes" (Rome, Italian National Statistical Institute, 2001 ); on the Internet APPENDIX: athttp://webfarm.jrc.cec.eu.int/ETK-NTTS/Papers/final_papers/ 43.pdf. 15 See R. J . A. Little and D. B. Rubin, Statistical Analysis with Missing Data (New York, J. Wiley and Sons, 1978); J. 0 . Kim and J. Curry, "The treatment of missing data in multivariate analysis," Sociological Methods and Research, vol. 6, 1977, pp . 215- 40; and P. L. Roth, "Missing data: A conceptual view for applied psychologists," Personnel Psychology, vol. 47, 1994, pp. 537- 60. 16 All workers are classified into one of more than 82 industries according to their Standard Industrial Classification. 17 All workers are classified into one of more than 820 occupations according to their Standard Occupational Classification . 18 The 19 For all individuals, regardless of type of formula, the number of credited years of service is determined by subtracting the normal retirement year specified in the pension plan from the year the worker reported starting his or her current job. For years of earnings that are outs.ide the scope of the Detailed Earnings Record, the Summary Earnings Record is used to supplement the missing data. of the employee's income during each year of participation in the plan, and it is also credited with interest. The interest rate is often based on an index, such as the rate ofreturn on 30-year Treasury bonds. Some benefits are associated, not with income, but rather, with a dollar amount per year of service. In 2000, 14 percent of all workers in the private sector who were covered by a defined benefit plan had this type of plan. A formula incorporating a flat dollar amount per year of service provides a benefit amount based on a fixed dollar amount multiplied by years of service in the plan. To illustrate, if a plan specifies a benefit of $40 a month for each year of service, an employee with 30 years of participation in the plan would receive a monthly benefit of $1,200. Before an employee is entitled to benefits from the plan, he or she must become vested, which means having a designated number of years of service with an employer. A 5-year cliff-vesting requirement is the most prevalent provision. Therefore, the study presented in this article assumes that, upon satisfying the 5-year vesting requirement, an individual is entitled to receive a nonforfeitable accrued benefit upon separation or retirement. Benefits under a defined benefit plan are usually paid when the employee retires. All defined benefit plans are required to specify an age, years of service, or some combination of the two whence an employee can receive unreduced benefits. The normal retirement age in most plans is 65 years. However, many defined benefit plans allow retirement after a stated age that is earlier than the declared normal retirement age, but the employee's benefit is reduced by an actuarial reduction factor. This provision is called early retirement. Note to the appendix 68 These data can be found at http://www.bls.gov/ncs/ebs/sp/ebrp0001.pdf. Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis asks respondents about two jobs. Brief description of defined benefit provisions A defined benefit plan provides employees with guaranteed retirement benefits based on a predetermined formula. There are three basic types of defined benefit formulas found in the employerbased survey (EBS) data: ( 1) a percentage of earnings per year of service, (2) a cash balance arrangement, and (3) a flat amount per year of service. According to the EBS data, the majority of workers who participate in a defined benefit plan are covered by a formula based on a percentage of their earnings per year of service. 1 In this type of arrangement, the employee benefit is based on a proportion of earnings per year of service{or each year that an employee participates in the plan. The years of service credited may be based upon either a career average or final earnings. Under a career average arrangement, the plan benefits accrue in accordance with the average of the earnings paid over the entire period of the employee's participation in the plan. Under a final-pay arrangement, by contrast, the plan benefits are based on an average of the employee's earnings during a short period, typically near the employee's retirement age. For example, the earnings may be averaged over the last 3 or 5 years of employment or over the 3 or 5 consecutive years in the 10-year period immediately prior to retirement, during which the employee's earnings are typically the highest. A cash balance plan is another type of defined benefit plan-one whereby the benefit formula takes into account the employee's income and the number of years of service credited. Although a cash balance plan is structured to bear a resemblance to a defined contribution plan, the benefits are represented as an account balance instead of as an annuity. The account balance is equal to a percentage 1 SIPP November 2004 Concrete productivity statistics Persistent and substantial variations in productivity among individual factories have been observed, even in industries that are narrowly defined. Attempts to explain this variation have tended to focus on technological or "supplyside" reasons such as management approaches. In "Market Structure and Productivity: A Concrete Example" (NBER Working Paper 10501 ), Chad Syverson of the University of Chicago focuses on the other side of the exchange process-the demand side. Syverson states that, "The more difficult it is for consumers to switch between competing suppliers, the greater the productivity dispersion that can be sustained." To investigate this notion, Syverson considers a concrete example-literally. He analyzes data from the Census of Manufactures for a single four-digit Standard Industrial Classification (SIC) industry: ready-mixed concrete, SIC 3273. An advantage of these data is that a physical measure of the product is available (cubic yards), in addition to the dollar value of shipments. Syverson focuses on one aspect of substitutability in this study, pertaining to transport costs. The ready-mixed concrete industry has substantial transport costs, which implies that there are separate geographic markets for the product. He uses the concrete data to test the premise that, " in markets where it is easy for industry consumers to switch suppliers, productivity distributions should exhibit higher minima, less dispersion, and higher central tendency than those in lowsubstitutability markets." His findings support this premise: they show that markets that have high demand densities for this product have higher minimum and mean productivity levels, and such mar- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis kets have less dispersion in productivity levels among producers. Up the ladder Top business people have always enjoyed at least some celebrity. Even the robber barons, such as Rockefeller and Carnegie, had popular biographies written about them attributing their success to hard work, according to the introduction to Peter Capelli and Monika Hamori 's recent NBER Working Paper, "The Path to the Top: Changes in the Attributes and Careers of Corporate Executives, 1980 to 2001." In addition to the celebrity accorded some of today's top business leaders, they hold important positions in the world. Understanding the nature of success in the business world, say Capelli and Hamori, "says a great deal about access to positions of influence, about social mobility generally, and specifically about career development practices." The brief survey of literature that introduces the concepts of executive career studies is good reading. According to the works cited by Capelli and Hamori, there have been three broad eras of executive recruitment since the beginning of the 20th century. The first was an era marked by a mix of entrepreneurial merit in some cases and inherited wealth or position in the early years of the century. A second, broadly occupying the middle years of the century, was marked by the rise of what William A. Whyte labeled the "organization man." The final era started in the I 980s and is characterized by what Michael B. Arthur and Denise M. Rousseau call "the boundary less career." The nature of successful, high-performance careers that may not reflect secure, long-term commitments between an organization and its members is the subject of Capelli and Hamori 's new research. They found significant difference between the attributes and career paths of the top IO executives in the Fortune I 00 companies in I 980 and those in evidence among a similar panel in 200 I. In terms of basic attributes, today's executives are younger, more likely to have a college degree, and somewhat more likely to be women. The latter, as the authors say, was "not a difficult achievement given that the number was zero in 1980." In terms of career path, today 's top executives are less likely to have been lifetime employees of their companies, took less time to get to the top rungs of the corporate ladder, and had seen bigger promotions, as evidenced both by a direct measure of promotion size and the fact they had held fewer positions during their successful careers. These findings were robust to several factors including restriction to those executives for which Capelli and Hamori could fill in a complete career history and restriction of the sample to firms that were in the Fortune 100 in both 1980 and 200 I. One partition of the data that did yield some interesting differences was between firms in manufacturing and service industries. In I 980, there were very few differences between executives in manufacturing and top managers in service firms. In 2001, according to the data, "Executives in the service sector are younger, more likely to be women and to be Ivy League graduates. Most important, they are much less likely to have started their career in the same company ... and they spent four and a half fewer years in their current organization. They also got to the top about two and a half years sooner than their peers in manufacturing. The manufacturing/ service distinction apparently was irrelevant in understanding differences in executive experience in 1980 but has become highly relevant in 2001." □ Monthly Labor Review November 2004 69 ~.:~!:~·~ Publications Received Economic and social statistics Barlevy, Gadi, Estimating Models of On-the] ob Search Using Record Statistics. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 48 pp. (Working Paper 10146) $10 per copy, plus$ I 0 for postage and handling outside the United States. Dessein, Wouter and Tano Santos, The Demandfor Coordination. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 52 pp. (Working Paper I 0056) $10 per copy, plus $10 for postage and handling outside the United States. Fryer Jr., Roland G. and Glenn C. Loury, Categorical Redistribution in WinnerTake-All Markets. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 26 pp. (Working Paper IO I 04) $ I 0 per copy, plus $IO for postage and handling outside the United States. Hall, Robert E., Corporate Earnings Track the Competitive Benchmark. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 31 pp. (Working Paper 10150) $10 per copy, plus $10 for postage and handling outside the United States. Hsu, Jason C. and Eduardo S. Schwartz, A Model ofR&D Valuation and the Design of Research Incentives. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 64 pp. (Working Paper I 0041) $10 per copy, plus $10 for postage and handling outside the United States. Syverson, Chad, Product Substitutability and Productivity Dispersion. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 41 pp. (Working Paper I 0049) $IO per copy, plus $IO for postage and handling outside the United States. Economic growth and development 0 ,,,f,> Inc., 2003, 36 pp. (Working Paper I 0088) $10 per copy, plus $IO for postage and handling outside the United States. Bernal, Raquel and Mauricio Cardenas, Determinants of Labor Demand in Colombia: 1976-1996. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 51 pp. (Working Paper I 0077) $ I 0 per copy, plus $10 for postage and handling outside the United States. Carey, Dennis C. and Dayton, The Human Side of M&A: How CEOs Leverage the Most Important Asset in Deal Making. New York, Oxford University Press, 2004, 224 pp., $26. Hamermesh, Daniel S. and Jungmin Lee, Stressed Out on Four Continents: Time Crunch or Yuppie Kvetch?Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 40 pp. (Working Paper IO 186) $10 per copy, plus $IO for postage and handling outside the United States. Heckman, James and Carmen Pages, Law and Employment: Lessons from Latin America and the Caribbean. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 133 pp. (Working Paper 10129) $10 per copy, plus $10 for postage and handling outside the United States. Houseman, Susan and Machiko Osawa, eds., Nonstandard Work in Developed Economies: Causes and Consequences. Kalamazoo, Ml , W.E. Upjohn Institute for Employment Research, 2003, 520 pp., $70/cloth; $26/paperback. Meyer, Donald J., ed., The Economics of Risk. Kalamazoo, Ml, W.E. Upjohn Institute for Employment Research, 2003, 192 pp., $40/cloth; $15/paperback. Education bridge, MA, National Bureau of Economic Research, Inc., 2003, 47 pp. (Working Paper 10066), $10 per copy, plus $10 for postage and handling outside the United States. Chay, Kenneth Y., Patrick J. McEwan, and Miguel Urquiola, The Central Role of Noise in Evaluating Interventions That Use Test Scores to Rank Schools. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 30 pp. (Working Paper 10118) $10 per copy, plus $10 for postage and handling outside the United States. Creedy, John, The Economics ofHigher Education: An Analysis of Taxes versus Fees. Cheltenham, UK, Edward Elgar Publishing, Inc., 1995, 152 pp., $95/hardcover. Fryer Jr., Roland G, Glenn C. Loury, and Tolga Yuret, Color-Blind Affirmative Action. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 38 pp. (Working Paper 10103) $10 per copy, plus $10 for postage and handling outside the United States. Gaquin, Deirdre A. and Katherine A. DeBrandt, eds., The Almanac of American Education 2004. Lanham, MD, Beman Press, 2004, 353 pp., $49/ softcover. Goldin, Claudia and Lawrence Katz, Mass Secondary Schooling and the State: The Role of State Compulsion in the High School Movement. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 46 pp. (Working Paper I 0075) $ I 0 per copy, plus $IO for postage and handling outside the United States. Gronau, Reuben, Zvi Griliches' Contribution to the Theory of Human Capital. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 45 pp. (Working Paper I 0081) $ l O per copy, plus $10 for postage and handling outside the United States. Azoulay, Pierre, Acquiring Knowledge Within and Across Firm Boundaries: Evidence from Clinical Development. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 41 pp. (Working Paper I 0083) $ 10 per copy, plus $IO for postage and handling outside the United States. Abraham, Katharine G and Melissa A. Clark, Financial Aid and Students' College Decisions: Evidence from the District of Columbia's Tuition Assistance Grant Program. Cambridge, MA , National Bureau of Economic Research, Inc., 2003, 34pp. (Working Paper 10112) $10 per copy, plus $IO for postage and handling outside the United States. Oreopoulos, Philip, Do Dropouts Drop Out Too Soon? International Evidence from Changes in School-Leaving Laws. Cambridge, MA , National Bureau of Economic Research, Inc., 2003, 41 pp. (Working Paper 10155) $IO per copy, plus $10 for postage and handling outside the United States. Beegle, Kathleen, Rajeev Dehejia, and Roberta Gatti, Child Labor, Crop Shocks, and Credit Constraints. Cambridge, MA, National Bureau of Economic Research, Black, Sandra E., Paul J. Devereux, Kjell G Sal vanes, Why the Apple Doesn't Fall Far: Understanding the Intergenerational Transmission of Human Capital. Cam- Oreopoulos, Philip, Marianne E. Page, and Ann Huff Stevens, Does Human Capital Transfer from Parent to Child ? The Intergenerational Effects of Compulsory 70 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 Schooling. Cambridge, MA, National Bureau of Economic Research, Inc. , 2003 , 46 pp. (Working Paper IO 164) $10 per copy, plus $IO for postage and handling outside the United States. Whitebook , Marcy and Laura Sakai, By a Thread: How Child Care Centers Hold On to Teachers, How Teachers Build Lasting Careers. Kalamazoo, MI, W.E. Upjohn Institute for Employment Research, 2004, 145 pp., $40/cloth; $16/ paperback. Industrial relations Aitchison , Will , The FMLA: Understanding the Family and Medical Leave Act. Portland, OR, Labor Relations Information System Publications, 2003, 320 pp. , $39. 95/paperback. Hogler, Raymond, Employment Relations in the United States: Law, Policy, and Practice. Thousand Oaks, CA, Sage Publications, Inc., 2004, 301 pp., $42.95 / softcover. International economics Davidson, Carl and Steven J. Matusz, International Trade and Labor Markets: Theory, Evidence, and Policy Implications. Kalamazoo, MI, W.E. Upjohn Institute for Employment Research, 2004, 145 pp., $40/cloth; $ I 6/paperback. Klein, Michael W., Scott Schuh, and Robert K. Tri est, Job Creation, Job Destruction . and International Competition . Kalamazoo, MI , W.E. Upjohn Institute for Employment Research, 2003, 216 pp., $40/cloth. Labor force Dooley, David and Joann Prause, The Social Costs of Underemployment: Inadequate Employment as Disguised Unemployment. New York, Cambridge University Press, 2003 , 274 pp. , $65/hardback. Dunne, Timothy, Entrant Experience and Plant Exit. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 40 pp. (Working Paper 10133) $10 per copy, plus $IO for postage and handling outside the United States. Holmes , Thomas J. and Matthew F. Mitchell, A Theory of Factor Allocation and Plant Size. Cambridge, MA, National Bureau of Economic Research, Inc. , 2003 , https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 48 pp. (Working Paper 10079) $IO per copy, plus $IO for postage and handling outside the United States. Management and organization theory Almazan, Andreas, Adolfo de Motta, and Sheridan Titman, Firm Location and the Creation and Utilization ofHuman Capital. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 46 pp. (Working Paper IO I 06) $IO per copy, plus $IO for postage and handling outside the United States. Azoulay, Pierre, Agents of Embeddedness. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 47 pp. (Working Paper 10142) $ 10 per copy, plus$ IO for postage and handling outside the United States. Huber, George P., The Necessary Nature of Future Firms: Attributes of Survivors in a Changing World. Thousand Oaks, CA, Sage Publications, Inc. , 2004, 307 pp., $34.95/paperback. Kruse, Douglas, Richard Freeman, Joseph Blasi, Robert Buchele, Adria Scharf, Loren Rodgers, and Chris Mackin, Motivating Employee-Owners in £SOP Firms: Human Resource Policies and Company Performance. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 33 pp. (Working Paper IO 177) $10 per copy, plus $IO for postage and handling outside the United States. Nalbantian, Haig R., Richard A. Guzzo, Dave Kieffer, and Jay Doherty, Play to Your Strengths: Managing Your Internal Labor Markets for Lasting Competitive Advantage. New York, McGraw-Hill, 2004, 274 pp. , $24.95/cloth. Potts, Rebecca and Jeanenne LaMarsh, Master Change, Maximize Success: Effective Strategies for Realizing Your Goals. San Francisco, Chronicle Books LLC, 2004, 160 pp., $16.95/paperback. Monetary and fiscal policy Anderson, Patricia M. and Bruce D. Meyer, Unemployment Insurance Tax Burdens and Benefits: Funding Family Leave and Reforming the Payroll Tax. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 30 pp. (Working Paper I 0043) $10 per copy, plus $IO for postage and handling outside the United States. Productivity and technological change Acemoglu, Daron and Joshua Linn, Market Size in Innovation: Theory and Evidence from the Pharmaceutical Industry. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 57 pp. (Working Paper 10038) $10 per copy, plus $ I0 for postage and handling outside the United States. Bryson, John R., Peter W. Daniels, and Barney Warf, Service Worlds: People, Organisations, Technologies. London and New York, Routledge, 2004, 286 pp., $31.95/softcover. Head, Simon, The New Ruthless Economy: Work and Power in the Digital Age. New York, Oxford University Press, 2003, 222 pp., $28/cloth. Schwartz, Eduardo S., Patents and R&D as Real Options. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 50 pp. (Working Paper IO 114) $10 per copy, plus$ IO for postage and handling outside the United States. Van Biesebroeck, Johannes, Revisiting Some Productivity Debates. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 46 pp. (Working Paper I0065) $IO per copy, plus $IO for postage and handling outside the United States. Social institutions and social change Becker, Patricia C., ed. , Social Change in America: The Historical Handbook 2004. Lanham, MD, Beman Press, 2004, 146 pp., $49/softcover. Stevenson, Betsey and Justin Wolfers, Bargaining in the Shadow or the Law: Divorce Laws and Family Distress. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 32 pp. (Working Paper 10175) $10 per copy, plus $IO for postage and handling outside the United States. Urban affairs Flatau , Paul, Matt Forbes , Patric H. Hendershott, and Gav in Wood , Homeownership and Unemployment: The Roles of Leverage and Public Housing. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 50 pp. (Working Paper I 0021) $IO per copy, Monthly Labor Review November 2004 71 Publications Received plus $IO for postage and handling outside the United States. Wages and compensation Blau, David M. and Donna B. Gilleskie, The Role of Retiree Health Insurance in the Employment Behavior of Older Men. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 55 pp. (Working Paper IO I 00) $IO per copy, plus $ I0 for postage and handling outside the United States. Carneiro, Pedro, James J. Heckman , and Dimitriy V. Masterov, Labor Market Discrimination and Racial Differences in Premarket Factors. Cambridge, MA, National Bureau of Economic Research, Inc. , 2003 , 60 pp. (Working Paper I0068) 72 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $IO per copy, plus $10 for postage and handling outside the United States. Mortensen, Dale T. , Wage Dispersion: Why Are Similar Workers Paid Differently? Cambridge, MA, The MIT Press, 2004, 160 pp., $30/cloth. Welfare programs and social insurance Bitler, Marianne P., Jonah B. Gelbach, and Hilary W. Hoynes, What Means Impacts Miss: Distribution Effects of Welfare Reform Experiments. Cambridge, MA, National Bureau of Economic Research, Inc. , 2003, 57 pp. (Working Paper 10121) $ 10 per copy, plus $10 for postage and handling outside the United States. November 2004 Chan, Sewin and Ann Huff Stevens, What You Don't Know Can't Help You: Pension Knowledge and Retirement Decision Making. Cambridge, MA, National Bureau of Economic Research, Inc., 2003, 41 pp. (Working Paper l 0 185) $10 per copy, plus $10 for postage and handling outside the United States. Worker training and development Giloth, Robert P. , ed., Workforce Intermediaries for the Twenty-first Century. Philadelphia, PA, Temple University Press, 2003, 432 pp., $39.50/cloth. Landis, Dan , Janet M. Bennett, and Milton J. Bennett, eds., Handbook of lntercultural Training Third Edition. Thousand Oaks, CA, Sage Publications, Inc., 2004, 528 pp., $69.95/softcover. ~'JW" Current Labor Statistics Notes on labor statistics .............................. Comparative indicators :} "'::-:t-W~iw.1#J'*~ 74 1. Labor market indicators .................................................... 87 2. Annual and quarterly percent changes in compensation, prices, and productivity ....................... 88 3. Alternative measures of wages and compensation changes................................................... 88 Labor force data 4. Employment status of the population, seasonally adjusted ........................................................ 89 5. Selected employment indicators, seasonally adjusted ....................................................... 90 6. Selected unemployment indicators, seasonally adjusted ....................................................... 91 7. Duration of unemployment, seasonally adjusted ....................................................... 91 8. Unemployed persons by reason for unemployment, seasonally adjusted ....................................................... 92 9. Unemployment rates by sex and age, seasonally adjusted ....................................................... 92 10. Unemployment rates by States, seasonally adjusted ....................................................... 93 11. Employment of workers by States, seasonally adjusted ....................................................... 93 12. Employment of workers by industry, seasonally adjusted ....................................................... 94 13. Average weekly hours by industry, seasonally adjusted ....................................................... 97 14. Average hourly earnings by industry, seasonally adjusted........................................................ 98 15. Average hourly earnings by industry ................................ 99 16. Average weekly earnings by industry ............................... 100 17. Diffusion indexes of employment change, seasonally adjusted ...................................................... . 101 18. Job openings levels and rates, by industry and regions, seasonally adjusted......................................................... I 02 19. Hires levels and rates by industry and region, seasonally adjusted.......................................................... 102 20. Separations levels and rates by industry and region, seasonally adjusted.... ...................................................... 103 21. Quits levels and rates by industry and region, seasonally adjusted.......................................................... I 03 22. Quarterly Census of Employment and Wages, IO largest counties ...... ...... .. .. ..... .... ..... ....... ... ..... .... .... .... 104 23. Quarterly Census of Employment and Wages, by State 106 24. Annual data: Quarterly Census of Employment and Wages, by ownership ............................................. 107 25. Annual data: Quarterly Census of Employment and Wages, establishment size and employment, by supersector ... I 08 26. Annual data: Quarterly Census of Employment and Wages, by metropolitan area ......................................... 109 27. Annual data: Employment status of the population ........ 114 28. Annual data: Employment levels by industry .................. 114 29. Annual data: Average hours and earnings level, by industry ..................................................................... 115 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Labor compensation and collective bargaining data 30. Employment Cost Index, compensation ............................. 116 31. Employment Cost Index, wages and salaries.................... 32. Employment Cost Index, benefits, private industry ........ 33. Employment Cost Index, private nonfarm workers, by bargaining status, region, and area size .................... 34. Participants in benefit plans, medium and large firms ...... 35. Participants in benefits plans, small firms and government................. .... ........................................ 36. Work stoppages involving 1,000 workers or more ........... 118 119 120 121 122 123 Price data 37. Consumer Price Index: U.S. city average, by expenditure category and commodity and service groups ......... ..... .. 38. Consumer Price Index: U.S. city average and local data, all items ...... .. .... ..... ..... .. ...... .... .. ...... .... .. ...... .. 39. Annual data: Consumer Price Index, all items and major groups ........................................................... 40. Producer Price Indexes by stage of processing .. .. ...... .. .. ... 41. Producer Price Indexes for the net output of major industry groups .. .. .. .... .. ..... ..... .... .. ...... .. .. .. ...... .. ...... .. ..... 42. Annual data: Producer Price Indexes by stage of processing ... ..... ... ...... ....... ....... ...... .. .. .. ........ 43. U.S. export price indexes by Standard International Trade Classification .... ..... .... .... .. ..... ...... ...... ........ ....... ... 44. U.S. import price indexes by Standard International Trade Classification ...................................................... 45. U.S. export price indexes by end-use category................. 46. U.S. import price indexes by end-use category .............. .. 47. U.S. international price indexes for selected categories of services .... ...... .... .... .. ...... .... .... .. ...... ... ... ..... 124 127 128 129 130 131 132 133 134 135 135 Productivity data 48. Indexes of productivity, hourly compensation, and unit costs, data seasonally adjusted ....................... 49. Annual indexes of multi factor productivity ...................... 50. Annual indexes of productivity, hourly compensation, unit costs, and prices .................................................... 51. Annual indexes of output per hour for select industries....................................................................... 136 137 138 139 International comparisons data 52. Unemployment rates in nine countries, ............................ 142 53. Annual data: Employment status of the civilian working-age population, IO countries............... ...... ....... 143 54. Annual indexes of productivity and related measures, 12 countries................................................................... 144 Injury and Illness data 55. Annual data: Occupational injury and illness incidence rates ................................................................. 145 56. Fatal occupational injuries by event or exposure............. 147 Monthly Labor Review November 2004 73 Notes on Current Labor Statistics This section of the Review presents the principal statistical series collected and calculated by the Bureau of Labor Statistics: series on labor force; employment; unemployment; labor compensation; consumer, producer, and international prices; productivity; international comparisons; and injury and illness statistics. In the notes that follow, the data in each group of tables are briefly described; key definitions are given; notes on the data are set forth; and sources of additional information are cited. General notes The following notes apply to several tables in this section: Seasonal adjustment. Certain monthly and quarterly data are adjusted to eliminate the effect on the data of such factors as climatic conditions, industry production schedules, opening and closing of schools, holiday buying periods, and vacation practices, which might prevent short-term evaluation of the statistical series. Tables containing data that have been adjusted are identified as "seasonally adjusted." (All other data are not seasonally adjusted.) Seasonal effects are estimated on the basis of current and past experiences. When new seasonal factors are computed each year, revisions may affect seasonally adjusted data for several preceding years. Seasonally adjusted data appear in tables 1-14, 17-21, 48, and 52. Seasonally adjusted labor force data in tables I and 4-9 were revised in the February 2004 issue of the RtJview. Seasonally adjusted establishment survey data shown in tables I, 12- 14, and 17 were revised in the March 2004 Review. A brief explanation of the seasonal adjustment methodology appears in " Notes on the data." Revisions in the productivity data in table 54 are usually introduced in the September issue. Seasonally adjusted indexes and percent changes from month-to-month and 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-such as the "real" earnings shown in table 14--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 74 :\.1onthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis index number of 150, where 1982 = 100, the hourly rate expressed in 1982 dollars is $2 ($3/150 x 100 = $2). The $2 (or any other resulting values) are described as " real ," ·'constant," or " 1982" dollars. Sources of information Data that supplement the tables in this section are published by the Bureau in a variety of sources. Definitions of each series and notes on the data are contained in later sections of these Notes describing each set of data. For detailed descriptions of each data series, see BLS Handbook of Methods, Bulletin 2490. Users also may wish to consult Major Programs of the Bureau of Labor Statistics, Report 919. News releases provide the latest statistical information published by the Bureau; the major recurring releases are published according to the schedule appearing on the back cover of this issue. More information about labor force, employment, and unemployment data and the household and establishment surveys underlying the data are available in the Bureau 's monthly publication, Employment and Earnings. Historical unadjusted and seasonally adjusted data from the household survey are available on the Internet: http://www.bls.gov/cps/ Historically comparable unadjusted and seasonally adjusted data from the establishment survey also are available on the Internet: http ://www.bls.gov/ces/ Additional information on labor force data for areas below the national level are provided in the BLS annual report, Geographic Profile of Employment and Unemployment. For a comprehensive discussion of the Employment Cost Index, see Employment Cost Indexes and Levels, 1975-95, BLS Bulletin 2466. The most recent data from the Employee Benefits Survey appear in the following Bureau of Labor Statistics bulletins: Employee Benefits in Medium and Large Firms; Employee Benefits in Small Private Establishments; and Employee Benefits in State and Local Governments. More detailed data on consumer and producer prices are published in the monthly periodicals, The CPI Detailed Report and Producer Price Indexes. For an overview of the 1998 revision of the CPI, see the December 1996 issue of the Monthly Labor Review. Additional data on international prices appear in monthly news releases. Listings of industries for which productivity indexes are available may be found on the Internet: http://www.bls.gov/lpc/ For additional information on interna- November 2004 tional comparisons data, see International Comparisons of Unemployment, Bulletin 1979. Detailed data on the occupational injury and illness series are published in Occupational Injuries and Illnesses in the United States , by Industry, a BLS annual bulletin. Finally, the Monthly Labor Review carries analytical articles on annual and longer term developments in labor force, employment, and unemployment; employee compensation and collective bargaining; prices; productivity; international comparisons; and injury and illness data. Symbols n.e.c. = not elsewhere classified. n.e.s. not elsewhere specified. p = preliminary. To increase the timeliness of some series, preliminary figures are issued based on representative but incomplete returns. r = revised. Generally, this revision reflects the availability of later data, but also may reflect other adjustments. Comparative Indicators (Tables 1-3) Comparative indicators tables provide an overview and comparison of major BLS statistical series. Consequently, although many of the included series are available monthly, all measures in these comparative tables are presented quarterly and annually. Labor market indicators include employment measures from two major surveys and information on rates of change in compensation provided by the Employment Cost Index (EC)) program. The labor force participation rate, the employment-population ratio, and unemployment rates for major demographic groups based on the Current Population ("household") Survey are presented, while measures of employment and average weekly hours by major industry sector are given using nonfarm payroll data. The Employment Cost Index (compensation), by major sector and by bargaining status, is chosen from a variety of BLS compensation and wage measures because it provides a comprehensive measure of employer costs for hiring labor, not just outlays for wages, and it is not affected by employment shifts among occupations and industries. Data on changes in compensation, prices, and productivity are presented in table 2. Measures of rates of change of compensation and wages from the Employment Cost Index program are provided for all civilian nonfarm workers (excluding Federal and household workers) and for all private nonfarm workers. Measures of changes in consumer prices for all urban consumers; producer prices by stage of processing; overall prices by stage of processing; and overall export and import price indexes are given. Measures of productivity (output per hour of all persons) are provided for major sectors. Alternative measures o{ wage and compensation rates of change, which reflect the overall trend in labor costs, are summarized in table 3. Differences in concepts and scope, related to the specific purposes of the series, contribute to the variation in changes among the individual measures. Notes on the data Definitions of each series and notes on the data are contained in later sections of these notes describing each set of data. Employment and Unemployment Data (Tables I ; 4-29) Household survey data 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 are also counted among the unemployed. The unemployment rate represents the number unemployed as a percent of the civilian labor force. The civilian labor force consists of all employed or unemployed persons in the civilian noninstitutional population. Persons not in the labor force are those not classified as employed or unemployed. This group includes discouraged workers, defined as persons who want and are available for a job and who have looked for work sometime in the past 12 months (or since the end of their last job if they held one within the past 12 months), but are not currently looking, because they believe there are no jobs available or there are none for which they would qualify. The civilian noninstitutional population comprises all persons 16 years of age and older who are not inmates of penal or mental institutions, sanitariums, or homes for the aged, infirm, or needy. The civilian labor force participation rate is the proportion of the civilian noninstitutional population that is in the labor force. The employment-population ratio is employment as a percent of the civilian noninstitutional population. Notes on the data Description of the series Employment data 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 I 6 years of age and older. Households are interviewed on a rotating basis, so that three-fourths of the sample is the same for any 2 consecutive months. Definitions 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 intercensal years. These adjustments affect the comparability of historical data. A description of these adjustments and their effect on the various data series appears in the Explanatory Notes of Employment and Earnings. For a discussion of changes introduced in January 2003, see "Revisions to the Current Population Survey Effective in January 2003" in the February 2003 issue of Employment and Earnings (available on the BLS Web site at: http://www.bls.gov/ ARIMA for seasonal adjustment of the labor force data and the effects that it had on the data. At the beginning of each calendar year, historical seasonally adjusted data usually are revised , and projected seasonal adjustment factors are calculated for use during the January-June period. The historical seasonally adjusted data usually are revised for only the most recent 5 years. In July, new seasonal adjustment factors, which incorporate the experience through June, are produced for the July-December period , but no revisions are made in the historical data. FOR ADDITIONAL INFORMATION on national household survey data , contact the Division of Labor Force Statistics: (202) 691-6378. X-12 Establishment survey data Description of the series Employment, hours, and earnings data in this section are compiled from payroll records reported monthly on a voluntary basis to the Bureau of Labor Statistics and its cooperating State agencies by about 160,000 bus inesses and government agencies, which represent approximately 400,000 individual worksites and represent all industries except agriculture. The active CES sample covers approximately one-third of all nonfarm payroll workers. Industries are classified in accordance with the 2002 North American Industry Classification System . 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.) Self-employed persons and others not on a regular civilian payroll are outside the scope of the survey because they are excluded from establishment records. This largely accounts for the difference in employment figures between the household and establishment surveys. Employed persons include (I) all those cps/rvcps03.pdt). Definitions who worked for pay any time during the week which includes the 12th day of the month or who worked unpaid for 15 hours or more in a family-operated enterprise and (2) those who were temporarily absent from their regular jobs because of illness , vacation, industrial dispute, or similar reasons. A person working at more than one job is counted only in the job at which he or she worked the greatest number of hours. Unemployed persons are those who did Effective in January 2003 , BLS began using the X-12 ARIMA seasonal adjustment program to seasonally adjust national labor force data. This program replaced the X-11 ARIMA program which had been used since January 1980. See "Revision of Seasonally Adjusted Labor Force Series in 2003," in the February 2003 issue of Employment and Earnings (available on the BLS Web site at http:www.bls.gov/cps/cpsrs.pdt) for a discussion of the introduction of the use of An establishment is an economic unit which produces goods or services (such as a factory or store) at a single location and is engaged in one type of economic activity. Employed persons are all persons who received pay (including holiday and sick pay) for any part of the payroll period including the 12th day of the month. Persons holding more than one job (about 5 percent of all persons in the labor force) are counted https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 75 Current Labor Statistics in each establishment which reports them. Production workers in the goods-produc i ng industries cover employees, up through the level of working supervisors, who engage directly in the manufacture or construction of the establishment's product. In private service-providing industries , data are collected for nonsupervisory workers, which include most employees except those in executive, managerial , and supervisory positions. Those workers mentioned in tables 11-16 include production workers in manufacturing and natural resources and mining; construction workers in construction; and nonsupervisory workers in all private service-providing industries. Production and nonsupervisory workers account for about four-fifths of the total employment on private nonagricultural payrolls. Earnings are the payments production or nonsupervisory workers receive during the ::.urvcy 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) . Hours represent the average weekly hours of production or nonsupervisory workers for which pay was received, and are different from standard or scheduled hours. Overtime hours represent the portion of average weekly hours which was in excess of regular hours and for which overtime premiums were paid. The Diffusion Index represents the percent of industries in which employment was rising over the indicated period , plus onehalf of the industries with unchanged employment; 50 percent indicates an equal balance between industries with increasing and decreasing employment. In line with Bureau practice, data for the 1-, 3-, and 6-month spans are seasonally adjusted, while those for the 11-month span are unadjusted. Table 17 provides an index on private nonfarm employment based on 278 industries, and a manufacturing index based on 84 industries. These indexes are useful for measuring the dispersion of economic gains or losses and are also economic indicators. Notes on the data Establishment survey data are annually adjusted to comprehensive counts of employment (called .. benchm arks" ). The March 2003 benchmark was introduced in February 2004 with the release of data for January 2004, published in the March 2004 is- 76 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis sue of the Review. With the release in June 2003, CES completed a conversion from the Standard Industrial Classification (SIC) system to the North American Industry Classification System (NAICS) and completed the transition from its original quota sample design to a probability-based sample design. The industry-coding update included reconstruction of historical estimates in order to preserve time series for data users. Normally 5 years of seasonally adjusted data are revised with each benchmark revision. However, with this release, the entire new time series history for all CES data series were re-seasonally adjusted due to the NAICS conversion , which resulted in the revision of all CES time series. Also in June 2003, the CES program introduced concurrent seasonal adjustment for the national establishment data. Under this methodology, the first preliminary estimates for the current reference month and the revised estimates for the 2 prior months will be updated with concurrent factors with each new release of data. Concurrent seasonal adjustment incorporates all available data, including first preliminary estimates for the most current month, in the adjustment process. For additional information on all of the changes introduced in June 2003, see the June 2003 issue of Employment and Earnings and '·Recent changes in the national Current Employment Statistics survey," Monthly Labor Review, June 2003, pp. 3-13. Revisions in State data (table 11) occurred with the publication of January 2003 data. For information on the revisions for the State data, see the March and May 2003 issues of Employment and Earnings, and " Recent changes in the State and Metropolitan Area CES survey," Monthly Labor Review, June 2003, pp. 14-19. Beginning in June 1996, the BLS uses the X-12-ARIMA methodology to seasonally adjust establishment survey data. This procedure, developed by the Bureau of the Census, controls for the effect of varying survey intervals (also known as the 4- versus 5-week effect), thereby providing improved measurement of over-the-month changes and underlying economic trends. Revisions of data, usually for the most recent 5-year period, are made once a year coincident with the benchmark revisions. In the establishment survey, estimates for the most recent 2 months are based on incomplete returns and are published as preliminary in the tables ( 12- 17 in the Review). When all returns have been received, the estimates are revised and published as "final" (prior to any benchmark revisions) in the November 2004 third month of their appearance. Thus, December data are published as preliminary in January and February and as final in March. For the same reasons , quarterly establishment data (table I) are preliminary for the first 2 months of publication and final in the third month. Fourth-quarter data are published as preliminary in January and February and as final in March. FOR ADDITIONAL INFORMATION on establishment survey data, contact the Division of Current Employment Statistics: (202) 691-6555. Unemployment data by State Description of the series Data presented in this section are obtained from the Local Area Unemployment Statistics (LAUS) program , which is conducted in cooperation with State employment security agencies. Monthly estimates of the labor force, employment, and unemployment for States and sub-State areas are a key indicator of local economic conditions, and form the basis for determining the eligibility of an area for benefits under Federal economic assistance programs such as the Job Training Partnership Act. Seasonally adjusted unemployment rates are presented in table I 0. Insofar as possible , the concepts and definitions underlying these data are those used in the national estimates obtained from the CPS. Notes on the data Data refer to State of residence. Monthly data for all States and the District of Columbia are derived using standardized procedures established by BLS. Once a year, estimates are revised to new population controls, usually with publication of January estimates, and benchmarked to annual average CPS levels. FOR ADDITIONAL INFORMATION on data in this series, call (202) 691-6392 (table I 0) or (202) 691-6559 (table 11 ). Quarterly Census of Employment and Wages Description of the series Employment, wage, and establishment data in thi s section are derived from the quarterly tax reports submitted to State employment security agencies by private and State and local government employers sub- ject to State unemployment insurance (u1) laws and from Federal, agencies subject to the Unemployment Compensation for Federal Employees (ucFE) program. Each quarter, State agencies edit and process the data and send the information to the Bureau of Labor Statistics. The Quarterly Census of Employment and Wages (QCEW) data, also referred as ES202 data, are the most complete enumeration of employment and wage information by indu~try at the national, State, metropolitan area, and county levels. They have broad economic significance in evaluating labor market trends and major industry developments. Definitions In general, the Quarterly Census ofFmployment and Wages monthly employment data represent the number of covered workers who worked during, or received pay for, the pay period that included the 12th day of the month. Covered private industry employment includes most corporate officials, executives, supervisory personnel, professionals, clerical workers, wage earners, piece workers, and part-time workers. It excludes proprietors, the unincorporated self-employed, unpaid family members, and certain farm and domestic workers. Certain types of nonprofit employers, such as religious organizations , are given a choice of coverage or exclusion in a number of States. Workers in these organizations are, therefore , reported to a limited degree. Persons on paid sick leave, paid holiday, pairl vr1.ration, and the like, are included. Persons on the payroll of more than one firm during the period are counted by each u,subject employer if they meet the employment definition noted earlier. The employment count excludes workers who earned no wages during the entire applicable pay period because of work stoppages, temporary layoffs, illness, or unpaid vacations. Federal employment data are based on reports of monthly employment and quarterly wages submitted each quarter to State agencies for all Federal installations with employees covered by the Unemployment Compensation for Federal Employees ( ucFE) program, except for certain national security agencies, which are omitted for security reasons. Employment for all Federal agencies for any given month is based on the number of persons who worked during or received pay for the pay period that included the 12th of the month. An establishment is an economic unit, such as a farm, mine, factory, or store, that produces goods or provides services. It is https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Data reported for the first quarter are typically at a single physical location and engaged in one, or predominantly one, type tabulated into size categories ranging from of economic activity for which a single in- worksites of very small size to those with dustrial classification may be applied. Oc- 1,000 employees or more. The size category casionally, a single physical location encom- is determined by the establishment's March passes two or more distinct and significant employment level. It is important to note that activities. Each activity should be reported each establishment of a multi-establishment as a separate establishment if separate firm is tabulated separately into the approrecords are kept and the various activi- priate size category. The total employment ties are classified under different NAICS level of the reporting multi-establishment industries. firm is not used in the size tabulation. Most employers have only one establishCovered employers in most States report ment; thus, the establishment is the predomi- total wages paid during the calendar quarnant reporting unit or statistical entity for ter, regardless of when the services were perreporting employment and wages data. Most formed. A few State laws, however, specify employers, including State and local govern- that wages be reported for, or based on the ments who operate more than one establish- period during which services are performed ment in a State, file a Multiple Worksite Re- rather than the period during which comport each quarter, in addition to their quar- pensation is paid. Under most State laws or terly u, report. The Multiple Worksite Re- regulations , wages include bonuses , stock port is used to collect separate employment options, the cash value of meals and lodgand wage data for each of the employer's ing, tips and other gratuities, and, in some establishments, which are not detailed on the States, employer contributions to certain deu, report. Some very small multi-establish- ferred compensation plans such as 40 I (k) ment employers do not file a Multiple plans. Worksite Report. When the total employCovered employer contributions for oldment in an employer's secondary establish- age, survivors, and disability insurance ments (all establishments other than the larg- (OASDI), health insurance, unemployment inest) is IO or fewer, the employer generally surance, workers' compensation, and private will file a consolidated report for all estab- pension and welfare funds are not reported lishments. Also, some employers either can- as wages. Employee contributions for the not or will not report at the establishment same purposes, however, as well as money level and thus aggregate establishments into withheld for income taxes, union dues , and one consolidated unit, or possibly several so forth, are reported even though they are units, though not at the establishment level. deducted from the worker's gross pay. For the Federal Government, the reportWages of covered Federal workers reping unit is the installation: a single loca- resent the gross amount of all payrolls for tion at which a department, agency, or other all pay periods ending within the quarter. government body has civilian employees. This includes cash allowances , the cash Federal agencies follow slightly different cri- equivalent of any type of remuneration, sevteria than do private employers when break- erance pay, withholding taxes, and retireing down their reports by installation. They ment deductions. Federal employee remuare permitted to combine as a single state- neration generally covers the same types of wide unit: I) all installations with IO or fewer services as for workers in private industry. workers, and 2) all installations that have a Average annual wage per employee for combined total in the State of fewer than 50 any given industry are computed by dividworkers. Also, when there are fewer than 25 ing total annual wages by annual average emworkers in all secondary installations in a ployment. A further divi sion by 52 yields State, the secondary installations may be average weekly wages per employee. Annual combined and reported with the major in- pay data only approximate annual earnings stallation. Last, if a Federal agency has fewer because an individual may not be employed than five employees in a State, the agency by the same employer all year or may work headquarters office (regional office, district for more than one employer at a time. Average weekly or annual wage is afoffice) serving each State may consolidate the employment and wages data for that State fected by the ratio of full-time to part-time with the data reported to the State in which workers as well as the number of individuthe headquarters is located. As a result of als in high-paying and low-paying occupathese reporting rules, the number of report- tions. When average pay levels between ing units is always larger than the number States and industries are compared, these of employers (or government agencies) but factors should be taken into con sideration. smaller than the number of actual establish- For example, industries characterized by high proportions of part-time workers will ments (or installations). Monthly Labor Review November 2004 77 Current Labor Statistics show average wage levels appreciably less than the weekly pay levels of regular fulltime employees in these industries. The opposite effect characterizes industries with low proportions of part-time workers , or industries that typically schedule heavy weekend and overtime work. Average wage data also may be influenced by work stoppages, labor turnover rates, retroactive payments, seasonal factors, bonus payments, and so on. Changes resulting from improved employer reporting also are introduced in the first quarter. For these reasons, some data, especially at more detailed geographic levels, may not be strictly comparable with earlier years. County definitions are assigned according to Federal Information Processing Standards Publications as issued by the National Institute of Standards and Technology. Areas shown as counties include those designated as independent cities in some jurisNotes on the data dictions and, in Alaska, those areas designated by the Census Bureau where counties Beginning with the release of data for 200 I, have not been created. County data also are publications presenting data from the Cov- presented for the New England States for ered Employment and Wages program have comparative purposes, even though townswitched to the 2002 version of the North ships are the more common designation used American Industry Classification System in New England (and New Jersey). (NAICS) as the basis for the assignment and The Office of Management and Budget tabulation of economic data by industry. (0MB) defines metropolitan areas for use in NAICS is the product of a cooperative effort Federal statistical activities and updates on the part of the statistical agencies of the these definitions as needed. Data in this table United States, Canada, and Mexico. Due to use metropolitan area criteria established by difference in NAICS and Standard Industrial 0MB in definitions issued June 30, 1999 Classification (SIC) structures, industry data (0MB Bulletin No. 99-04). These definitions for 200 1 is not comparable to the SIC-based reflect information obtained from the 1990 data for earlier years. Decennial Census and the 1998 U.S. CenEffective January 200 I, the program be- sus Bureau population estimate. A complete gan assigning Indian Tribal Councils and relist of metropolitan area definitions is availlated establishments to local government able from the National Technical Informaownership. This BLS action was in response tion Service (NTIS), Document Sales, 5205 to a change in Federal law dealing with the Port Royal Road , Springfield, Va. 22161, way Indian Tribes are treated under the Fed- telephone 1-800-553-6847. eral Unemployment Tax Act. This law re0MB defines metropolitan areas in terms quires federally recognized Indian Tribes to of entire counties , except in the six New be treated similarly to State and local gov- England States where they are defined in ernments. In the past, the Covered Employ- terms of cities and towns. New England data ment and Wage (CEW) program coded Indian in this table , however, are based on a county Tribal Councils and related establishments concept defined by 0MB as New England in the private sector. As a result of the new County Metropolitan Areas (NECMA) belaw, CEW data reflects significant shifts in cause county-level data are the most detailed employment and wages between the private available from the Quarterly Census of Emsector and local government from 2000 to ployment and Wages . The NECMA is a county200 I. Data also reflect industry changes. based alternative to the city- and town-based Those accounts previously assigned to civic metropolitan areas in New England. The and social organizations were assigned to NECMA for a Metropolitan Statistical Area tribal governments. There were no required (MSA) incl11de: (I) the county containing the industry changes for related establishments first-named city in that MSA title (this county owned by these Tribal Councils. These tribal may include the first-named cities of other business establishments continued to be MSA, and (2) each additional county having coded according to the economic activity of at least half its population in the MSA in that entity. which first-named cities are in the county To insure the highest poss ible quality identified in step I. The NECMA is officially of data, State employment security agen- defined areas that are meant to be used by cies verify with employers and update , if statistical programs that cannot use the regunecessary, the industry, location , and own- lar metropolitan area definition s in New ership classification of all establishments England. on a 3-year cycle. Changes in establishFOR ADDITIONAL INFORMATION on the ment classification codes resulting from the covered employment and wage data, contact verification process are introduced with the the Divi sion of Administrative Statistics and data reported for the first quarter of the year. Labor Turnover at (202) 691-6567. 78 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 Job Openings and Labor Turnover Survey Description of the series Data for the Job Openings and Labor Turnover Survey (JOLTS) are collected and compiled from a sample of 16,000 business establishments. Each month, data are collected for total employment, job openings, hires, quits , layoffs and discharges, and other separations. The JOLTS program covers all private nonfarm establishments such as factories, offices, and stores, as well as Federal, State, and local government entities in the 50 States and the District of Columbia. The JOLTS sample design is a random sample drawn from a universe of more than eight million establishments compiled as part of the operations of the Quarterly Census of Employment and Wages, or QCEW, program. This program includes all employers subject to State unemployment insurance (UI) laws and Federal agencies subject to Unemployment Compensation for Federal Employees (UCFE) . The sampling frame is stratified by ownership, region, industry sector, and size class. Large firms fall into the sample with virtual certainty. JOLTS total employment estimates are controlled to the employment estimates of the Current Employment Statistics (CES) survey. A ratio of CES to JOLTS employment is used to adjust the levels for all other JOLTS data elements. Rates then are computed from the adjusted levels. The monthly JOLTS data series begin with December 2000. Not seasonally adjusted data on job openings, hires, total separations, quits, layoffs and discharges, and other separations levels and rates are available for the total nonfarm sector, 16 private industry divisions and 2 government divisions based on the North American Industry Classification System (NAICS), and four geographic regions. Seasonally adjusted data on job openings, hires, total separations, and quits levels and rates are available for the total nonfarm sector, selected industry sectors, and four geographic regions. Definitions Establishments submit job openings information for the last business day of the reference month. A job opening requires that (I) a specific position exists and there is work available for that position ; and (2) work could start within 30 days regardless of whether a suitable candidate is found; and (3) the employer is actively recruiting from outside the establishment to fill the position. Included are full-time, part-time, permanent, short-term, and seasonal openings. Active recruiting means that the establishment is taking steps to fill a position by advertising in newspapers or on the Internet, posting help-wanted signs, accepting applications, or using other simi lar methods. Jobs to be filled only by internal transfers, promotions, demotions, or recall from layoffs are excluded. Also excluded are jobs with start dates more than 30 days in the future , jobs for which employees have been hired but have not yet reported for work, and jobs to be filled by employees of temporary help agencies, employee leasing companies, outside contractors, or consultants. The Job openings rate is computed by dividing the number of job openings by the sum of employment and job openings, and multiplying that quotient by 100. Hires are the total number of additions to the payroll occurring at any time during the refe1ence month, including both new and rehired employees and full-time and part-time, permanent, short-term and seasonal employees, employees recalled to the location after a layoff lasting more than 7 days, oncall or intermittent employees who returned to work after having been formally separated, and transfers from other locations. The hires count does not include transfers or promotions within the reporting site, employees returning from strike, employees of temporary help agencies or employee leasing companies, outside contractors, or consultants. The hires rate is computed by dividing the number of hires by employment, and multiplying that quotient by 100. Separations are the total number of terminations of employment occurring at any time during the reference month, and are reported by type of separation-quits, layoffs and discharges, and other separations. Quits are voluntary separations by employees (except for retirements, which are reported as other separations). Layoffs and discharges are involuntary separations initiated by the employer and include layoffs with no intent to rehire, formal layoffs lasting or expected to last more than 7 days, discharges resulting from mergers, downsizing, or closings, firings or other discharges for cause, terminations of permanent or short-term employees, and terminations of seasonal employees. Other separations include retirements, transfers to other locations, deaths, and separations due to disability. Separations do not include transfers within the same location or employees on strike. The separations rate is computed by dividing the number of separations by employment, and multiplying that quotient by 100. The quits, layoffs and discharges , and other separations rates are computed similarly, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis dividing the number by employment and multiplying by I 00. Notes on the data The JOLTS data series on job openings, hires, and separations are relatively new. The full sample is divided into panels, with one panel enrolled each month. A full complement of panels for the original data series based on the 1987 Standard Industrial Classification (SIC) system was not completely enrolled in the survey until January 2002. The supplemental panels of establishments needed to create NAICS estimates were not completely enrolled until May 2003. The data collected up until those points are from less than a full sample. Therefore, estimates from earlier months should be used with caution, as fewer sampled units were reporting data at that time. In March 2002, BLS procedures for collecting hires and separations data were revised to address possible underreporting. As a result, JOLTS hires and separations estimates for months prior to March 2002 may not be comparable with estimates for March 2002 and later. The Federal Government reorganization that involved transferring approximately 180,000 employees to the new Department of Homeland Security is not reflected in the JOLTS hires and separations estimates for the Federal Government. The Office of Personnel Management 's record shows these transfers were completed in March 2003. The inclusion of transfers in the JOLTS definitions of hires and separations is intended to cover ongoing movements of workers between establishments. The Department of Homeland Security reorganization was a massive onetime event, and the inclusion of these intergovernmental transfers would distort the Federal Government time series. Data users should note that seasonal adjustment of the JOLTS series is conducted with fewer data observations than is customary. The historical data, therefore , may be subject to larger than normal revisions. Because the seasonal patterns in economic data series typically emerge over time, the standard use of moving averages as seasonal filters to capture these effects requires longer series than are currently available. As a result, the stable seasonal filter option is used in the seasonal adjustment of the JOLTS data. When calculating seasonal factors , this filter takes an average for each calendar month after detrending the series. The stable seasonal filter assumes that the seasonal factors are fixed; a necessary assumption until sufficient data are avail- able. When the stable seasonal filter is no longer needed, other program features also may be introduced, such as outlier adjustment and extended diagnostic testing. Additionally, it is expected that more series, such as layoffs and discharges and additional industries, may be seasonally adjusted when more data are available. JOLTS hires and separations estimates cannot be used to exactly explain net changes in payroll employment. Some reasons why it is problematic to compare changes in payroll employment with JOLTS hires and separations, especially on a monthly basis, are: (I) the reference period for payroll employment is the pay period including the 12th of the month, while the reference period for hires and separations is the calendar month; and (2) payroll employment can vary from month to month simply because part-time and oncall workers may not always work during the pay period that includes the 12th of the month. Additionally, research has found that some reporters systematically underreport separations relative to hires due to a number of factors, including the nature of their payroll systems and practices. The shortfall appears to be about 2 percent or less over a 12-month period. FOR ADDITIONAL INFORMATION on the Job Openings and Labor Turnover Survey, contact the Division of Administrative Statistics and Labor Turnover at (202) 961-5870. Compensation and Wage Data (Tables 1-3; 30--36) Compensation and waged data are gathered by the Bureau from business establishments, State and local governments, labor unions, collective bargaining agreements on file with the Bureau, and secondary sources. Employment Cost Index Description of the series The Employment Cost Index (EC I) is a quarterly measure of the rate of change in compensation per hour worked and includes wages, salaries, and employer costs of employee benefits. It uses a fixed market basket of labor-similar in concept to the Consumer Price Index's fixed market basket of goods and services-to measure change over time in employer costs of employing labor. Statistical series on total compensation Monthly Labor Review November 2004 79 Current Labor Statistics costs, on wages and salaries, and on benefit costs are available for private nonfarm workers excluding proprietors, the self-employed, and household workers. The total compensation costs and wages and salaries series are also available for State and local government workers and for the civilian nonfarm economy, which consists of private industry and State and local government workers combined. Federal workers are excluded. The Employment Cost Index probability sample consists of about 4,400 private nonfarm establishments providing about 23,000 occupational observations and 1,000 State and local government establishments providing 6,000 occupational observations selected to represent total employment in each sector. On average, each reporting unit provides wage and compensation information on five well-specified occupations. Data are collected each quarter for the pay period including the 12th day of March, June, September, and December. Beginning with June 1986 data, fixed employment weights from the 1980 Census of Population are used each quarter to calculate the civilian and private indexes and the index for State and local governments. (Prior to June 1986, the employment weights are from the 1970 Census of Population.) These fixed weights, also used to derive all of the industry and occupation series indexes, ensure that changes in these indexes reflect only changes in compensation, not employment shifts among industries or occupations with different levels of wages and compensation. For the bargaining status, region, and metropolitan/non metropolitan area series, however, employment data by industry and occupation are not available from the census. Instead, the 1980 employment weights are reallocated within these series each quarter based on the current sample. Therefore, these indexes are not strictly comparable to those for the aggregate, industry, and occupation series. Definitions Total compensation costs include wages, salaries, and the employer's costs for employee benefits. Wages and salaries consist of earnings before payroll deductions, including production bonuses, incentive earnings, commissions, and cost-of-living adjustments. Benefits include the cost to employers for paid leave, supplemental pay (including nonproduction bonuses), insurance, retirement and savings plans, and legally required 80 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis benefits (such as Social Security, workers' compensation, and unemployment insurance). Excluded from wages and salaries and employee benefits are such items as payment-in-kind, free room and board , and tips. Notes on the data The Employment Cost Index for changes in wages and salaries in the private nonfarm economy was published beginning in 1975. Changes in total compensation cost-wages and salaries and benefits combined-were published beginning in 1980. The series of changes in wages and salaries and for total compensation in the State and local government sector and in the civilian nonfarm economy (excluding Federal employees) were published beginning in 1981. Historical indexes (June 1981 = I 00) are available on the Internet: http://www.bls.gov/ect/ FOR ADDITIONAL INFORMATION on the Employment Cost Index, contact the Office of Compensation Levels and Trends: (202) 691-6199. Employee Benefits Survey Description of the series Employee benefits data are obtained from the Employee Benefits Survey, an annual survey of the incidence and provisions of selected benefits provided by employers. The survey collects data from a sample of approximately 9,000 private sector and State and local government establishments. The data are presented as a percentage of employees who participate in a certain benefit, or as an average benefit provision (for example, the average number of paid holidays provided to employees per year). Selected data from the survey are presented in table 34 for medium and large private establishments and in table 35 for small private establishments and State and local government. The survey covers paid leave benefits such as holidays and vacations, and personal, funeral, jury duty, military, family, and sick leave; short-term disability, long-term disability, and life insurance; medical, dental, and vision care plans; defined benefit and defined coritribution plans; flexible benefits plans; reimbursement accounts; and unpaid family leave. Also, data are tabulated on the incidence of several other benefits, such as severance pay, child-care assistance, wellness programs, and employee assistance programs. November 2004 Definitions Employer-provided benefits are benefits that are financed either wholly or partly by the employer. They may be sponsored by a union or other third party, as long as there is some employer financing. However, some benefits that are fully paid for by the employee also are included. For example, longterm care insurance and postretirement life insurance paid entirely by the employee are included because the guarantee of insurability and availability at group premium rates are considered a benefit. Participants are workers who are covered by a benefit, whether or not they use that benefit. If the benefit plan is financed wholly by employers and requires employees to complete a minimum length of service for eligibility, the workers are considered participants whether or not they have met the requirement. If workers are required to contribute towards the cost of a plan , they are considered participants only if they elect the plan and agree to make the required contributions. Defined benefit pension plans use predetermined formulas to calculate a retirement benefit (1f any), and obligate the employer to provide those benefits. Benefits are generally based on salary, years of service, or both. Defined contribution plans generally specify the level of employer and employee contributions to a plan, but not the formula for determining eventual benefits. Instead, individual accounts are set up for participants, and benefits are based on amounts credited to these accounts. Tax-deferred savings plans are a type of defined contribution plan that allow participants to contribute a portion of their salary to an employer-sponsor ed plan and defer income taxes until withdrawal. Flexible benefit plans allow employees to choose among several benefits, such as life insurance, medical care, and vacation days, and among several levels of coverage within a given benefit. Notes on the data Surveys of employees in medium and large establishments conducted over the 197986 period included establishments that employed at least 50, I 00, or 250 workers, depending on the industry (most service industries were excluded). The survey conducted in 1987 covered only State and local governments with 50 or more employ- ees. The surveys conducted in 1988 and 1989 included medium and large establishments with I 00 workers or more in private industries. All surveys conducted over the 1979-89 period excluded establishments in Alaska and Hawaii, as well as part-time employees. Beginning in 1990, surveys of State and local governments and small private establishments were conducted in evl~P-numbered years, and surveys bf medium and large establishments were conducted in oddnumbered years. The small establishment survey includes all private nonfarm estab1ishments with fewer than I 00 workers, while the State and local government survey includes all governments, regardless of the number of workers. All three surveys include full- and part-time workers , and workers in all 50 States and the District of Columbia. FOR ADDITIONAL INFORMATION on the Employee Benefits Survey, contact the Office of Compensation Levels and Trends on the Internet: http://www.bls.gov/ebs/ Notes on the data This series is not comparable with the one terminated in 1981 that covered strikes involving six workers or more. FOR ADDITIONAL INFORMATION on work stoppages data, contact the Office of Compensation and Working Conditions: (202) 691-6282, or the Internet: http:/www.bls.gov/cba/ Price Data (Tables 2; 37-47) Price data 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 periodDecember 2003 = I 00 for many Producer Price Indexes (unless otherwise noted), 198284 = I00 for many Consumer Price Indexes ( unless otherwise noted), and 1990 = I00 for International Price Indexes. Consumer Price Indexes Work stoppages Description of the series Description of the series The Consumer Price Index (CPI) is a measure of the average change in the prices paid by urban consumers for a fixed market basket of goods and services. The CPI is calculated monthly for two population groups, one consisting only of urban households whose primary source of income is derived from the employment of wage earners and clerical workers, and the other consisting of all urban households. The wage earner index (CPI-W) is a continuation of the historic index that was introduced well over a halfcentury ago for use in wage negotiations. As new uses were developed for the CPI in recent years, the need for a broader and more representative index became apparent. The all-urban consumer index (CPI-U), introduced in 1978, is representative of the 1993-95 buying habits of about 87 percent of the noninstitutional population of the United States at that time, compared with 32 percent represented in the CPI-W. In addition to wage earners and clerical workers, the C PI -U covers 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 services that people buy for day-to-day living. The quantity and quality of these items are kept essentially unchanged be- Data on work stoppages measure the number and duration of major strikes or lockouts (involving 1,000 workers or more) occurring during the month (or year), the number of workers involved , and the amount of work time lost because of stoppage. These data are presented in table 36. Data are largely from a variety of published sources and cover only establishments directly involved in a stoppage. They do not measure the indirect or secondary effect of stoppages on other establishments whose employees are idle owing to material shortages or lack of service. Definitions Number of stoppages: The number of strikes and lockouts involving 1,000 workers or more and lasting a full shift or longer. Workers involved: The number of workers directly involved in the stoppage. Number of days idle: The aggregate number of workdays lost by workers involved in the stoppages. Days ofidleness as a percent of estimated working time: Aggregate workdays lost as a percent of the aggregate number of standard workdays in the period multiplied by total employment in the period. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis tween major revisions so that only price changes will be measured. All taxes directly associated with the purchase and use of items are included in the index. Data collected from more than 23,000 retail establishments and 5,800 housing units in 87 urban areas across the country are used to develop the " U.S. city average." Separate estimates for 14 major urban centers are presented in table 38. The areas listed are as indicated in footnote I to the table. The area indexes measure only the average change in prices for each area since the base period, and do not indicate differences in the level of prices among cities. Notes on the data In January 1983, the Bureau changed the way in which homeownership costs are meaured for the CPI-U. A rental equivalence method replaced the asset-price approach to homeownership costs for that series. In January 1985, the same change was made in the CPI -W. The central purpose of the change was to separate shelter costs from the investment component of homeownership so that the index would reflect only the cost of shelter services provided by owner-occupied homes. An updated CPI-U and CPI-W were introduced with release of the January 1987 and January 1998 data. FOR ADDITIONAL INFORMATION, contact the Division of Prices and Price Indexes: (202) 691-7000. Producer Price Indexes Description of the series Producer Price Indexes (PPI ) measure average changes in prices received by domestic producers of commodities in all stages of processing. The sample used for calculating these indexes currently contains about 3,200 commodities and about 80,000 quotations per month, selected to represent the movement of prices of all commodities produced in the manufacturing; agriculture, forestry, and fishing; mining; and gas and electricity and public utilities sectors. The stageof-processing structure of PP! organizes products by class of buyer and degree of fabrication (that is, finished goods, intermediate goods, and crude materials). The traditional commodity structure of PPI organizes products by similarity of end use or material composition. The industry and product structure of PP! organizes data in accordance with the 2002 North American Industry Classification System and product codes developed by the U.S. Census Bureau. Monthly Labor Review November 2004 81 Current Labor Statistics 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 ge nerally collected monthly, primarily by mail questionnaire. Most prices are obtained 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. Since January I 992, price changes for the various commodities have been averaged together with implicit quantity weights representing their importance in the total net selling value of all commodities as of 1987. The detailed data are aggregated to obtain indexes for stage-of-proce ss ing groupings, commodity groupings, durability-of-p roduct groupings, and a number of special composite groups. All Producer Price Index data are subject to revision 4 months after original publication. FOR ADDITIONAL INFORM ATION , contact the Division of Indu strial Prices and Price Indexes: (202) 691-7705. International Price Indexes Description of the series The International Price Program produces monthly and quarterly export and import price indexes for nonmilitary goods and services traded between the United States and the rest of the world. The export price index provides a measure of price change for all products sold by U.S. res idents to foreign buyers. (.. Re side nts" is defined as in the national income accounts; it in cludes corporations, busine sses, and individuals , but doe s not require the organi zations to be U.S. owned nor the individuals to have U.S. citizenship.) The import price index prov ides a measure of price change for goods purchased from other countries by U.S. residents. The product universe for both the import and export indexes includes raw material s, agricultural products , semifinished manufactures, and fini shed manufactures, including both capital and consumer goods. Price data for these items are collected primarily by mail questionnaire. In nearly al l cases, the data are collected directly from the exporter or importer, although in a few cases, prices are obtained from other sources. To the extent possible, the data gathered refer to prices at the U.S. border for exports and at either the foreign border or the U.S. border for imports. For nearly all products, the prices refer to transactions com- 82 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis pleted during the first week of the month. Survey re spondents are asked to indicate all discounts, allowances, and rebates applicable to the reported prices, so that the price used in the calculation of the indexes is the actual price for which the product was bought or so ld. In addition to general indexes of prices for U.S. expoi:ts and imports, indexes are also published for detailed product categories of exports and imports. These categories are defined according to the five-digit level of detail for the Bureau of Economic Analysis End-use Classification, the three-digit level for the Standard International Trade Classification (SITC), and the four-digit level of detail for the Harmonized System. Aggregate import indexes by country or region of origin are also available. BLS publi shes indexes for selected categories of internationally traded serv ices, calculated on an international basi s and on a balance-of-pay ments basis. Notes on the data The export and import price indexes are weighted indexes of the Laspeyres type. The trade weights currently used to compute both indexes relate to 2000. Because a price index depends on the same items being priced from period to period , it is neces sary to recognize when a product's specifications or terms of transaction have been modified. For this reason, the Bureau 's questionnaire requests detailed desc ription s of the physical and functional characteristics of the products being priced, as well as information on the number of units bought or sold, discounts, credit tem1s, packaging, class of buyer or seller, and so forth. When there are changes in either the specifications or terms of transaction of a product, the dollar value of each change is deleted from the total price change to obtain the ··pure" change. Once this value is determined, a linking procedure is employed which allows for the continued repricing of the item. FOR ADDITIONAL INFORMATION , contact the Division of International Prices: (202) 691-7155. Productivity Data (Tables 2; 48-51) Business and major sectors Description of the series The produ'-·tivity measures rel ate real out- November 2004 put to real input. As such, they encompass a family of meas ures which include singlefactor input measures, such as output per hour, output per unit of labor input, or output per unit of capital input, as well as measures of multi factor productivity (output per unit of combined labor and capital inputs). The Bureau indexes show the change in output relative to changes in the various inputs. The measures cover the business, nonfarm business, manufacturing , and nonfinancial corporate sectors. Correspondin g indexes of hourly compensation, unit labor costs , unit nonlabor payments, and prices are also provided. Definitions Output per hour of all persons (labor productivity) is the quantity of goods and services produced per hour of labor input. Output per unit of capital services (capital productivity) is the quantity of goods and services produced per unit of capital services input. Multifactor productivity is the quantity of goods and services produced per combined inputs. For private busi ness and private nonfarm business , inputs include labor and capital units. For manufacturing , inputs include labor, capital, energy, nonenergy materials, and purchased business services. Compensation per hour is total compensation divided by hours at work. Total compensation equals the wages and salaries of employees plus employers' contributions for soc ial insurance and private benefit pl ans, plus an estimate of these payments for the se lf-employed (except for nonfinancial corporations in which there are no self-employed). Real compensation per hour is compensation per hour deflated by the change in the Consumer Price Index for All Urban Consumers. Unit labor costs are the labor compensation costs expended in the production of a unit of output and are derived by dividing compensation by output. Unit nonlabor payments include profits , depreciation, interest, and indirect taxes per unit of output. They are computed by subtracting compensation of all persons from currentdollar value of output and dividing by output. Unit nonlabor costs contain all the components of unit nonlabor payments except unit profits. Unit profits include corporate profits with inventory valuation and capital consumption adjustments per unit of output. Hours of all persons are the total hours at work of pay roll workers, self-employed persons, and unpaid family workers. Labor inputs are hours of all persons adjusted for the effects of changes in the education and experience of the labor force. Capital services are the flow of services from the capital stock used in production. It is developed from measures of the net stock of physical assets-equipment, structures, land , and inventories-we ighted by rental prices for each type of asset. force; capital investment; level of output; changes in the utilization of capacity, energy, material , and research and development; the organization of production; managerial skill; and characteristics and efforts of the work force. FOR ADDITIONAL INFORMATION on this productivity series, contact the Division of Productivity Research: (202) 691-5606. ducing that output. Combined inputs include capital, labor, and intermediate purchases. The measure of capital input represents the flow of services from the capital stock used in production. It is developed from measures of the net stock of phy sical assets-equipment, structures, land, and inventories. The measure of intermediate purchases is a combination of purchased materials, services, fuels , and electricity. Industry productivity measures Notes on the data Combined units of labor and capital inputs are derived by combining changes in labor and capital input with weights which represent each component 's share of total cost. Combined units of labor, capital, energy, materials, and purchased business services are similarly derived by combining changes in each input with weights that represent each input's share of total costs. The indexes for each input and for combined units are based on changing weights which are averages of the shares in the current and preceding year (the Tornquist index-number formula). Notes on the data Business sector output is an annuallyweighted index constructed by excluding from real gross domestic product (GDP) the following outputs: general government, nonprofit institutions, paid employees of private households, and the rental value of owneroccupied dwellings. Nonfarm business also excludes farming. Private business and private nonfarm business further exclude government enterprises. The measures are supplied by the U.S. Department of Commerce's Burea11 of Economic Analysis. Annual estimates of manufacturing sectoral output are produced by the Bureau of Labor Statistic s. Quarterly manufacturing output indexes from the Federal Reserve Board are adjusted to these annual output meas ures by the BLS. Compensation data are developed from data of the Bureau of Economic Analysis and the Bureau of Labor Statistics. Hours J~ta are developed from data of the Bureau of Labor Statistics. The productivity and associated cost measures in tables 48-51 describe the relationship between output in real terms and the labor and capital inputs involved in its production. They show the changes from period to period in the amount of goods and services produced per unit of input. Although these measures relate output to hours and capital services, they do not measure the contributions of labor, capital, or any other specific factor of production. Rather, they reflect the joint effect of many influences, including changes in technology; shifts in the composition of the labor https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Description of the series The BLS industry productivity indexes measure the relationship between output and inputs for selected industries and industry groups, and thus reflect trends in industry efficiency over time. Industry measures include labor productivity, multifactor productivity, compensation, and unit labor costs. The industry measures differ in methodology and data sources from the productivity measures for the major sectors because the industry measures are developed independently of the National Income and Product Accounts framework used for the major sector measures. The industry measures are compiled from data produced by the Bureau of Labor Statistics and the Census Bureau, with additional data supplied by other government agencies, trade associations, a nd other sources. FOR ADDITIONAL INFORMATION on thi s series , contact the Division of Industry Productivity Studies: (202) 691-5618. International Comparisons (Tables 52-54) Labor force and unemployment Description of the series Definitions Output per hour is derived by dividing an index of industry output by an index of labor input. For most industries , output indexes are derived from data on the value of industry output adjusted for price change. For the remaining industries, output indexes are derived from data on the physical quantity of production. The labor input series is based on the hours of all workers or, in the case of some transportation industries, on the number of employees. For most industries, the series consists of the hours of all employees. For some trade and services industries, the series also includes the hours of partners, proprietors, and unpaid family workers. Unit labor costs repre se nt the labor compensation costs per unit of output produced, and are derived by dividing an index of labor compensation by an index of output. Labor compensation includes payroll as well as supplemental payments, including both legally required expenditures and payments for voluntary programs. Multifactor productivity is derived by dividing an index of industry output by an index of combined inputs consumed in pro- Tables 52 and 53 present comparative measures of the labor force, employment, and unemployment approximating U.S. concepts for the United States, Canada, Australia, Japan, and six European countries. The labor force statistics published by other industrial countries are not, in most cases, comparable to U.S. concepts. Therefore, the Bureau adjusts the figures for selected countries, for all known major definitional differences, to the extent that data to prepare adjustments are available. Although precise comparability may not be achieved, these adjusted figures provide a better bas is for international comparisons than the figures regularly published by each country. For further information on adjustments and comparability issues, see Constance Sorrentino, " International unemployment rates: how comparable are they?" Monthly La,bor Review, June 2000, pp. 3-20 (available on the BLS Web site at http:// www.bls.gov/opu b/ml r/2000/06/ artl full.pd[). Definitions For the principal U.S. definitions of the labor force , employment, and unemployment, see the Notes section on Employment and Monthly Labor Review November 2004 83 Current Labor Statistics Unemployme nt D ata: Hou sehold survey data. Notes on the data The foreign country data are adjusted as closely as possible to U.S. concepts, with the exception oflower age limits and the treatment of layoffs. These adjustments include, but are not limited to: including older person~ in the labor force by imposing no upper age limit, adding unemployed students to the unemployed, excluding the military and family workers working fewer than 15 hours from the employed, and excluding persons engaged in passive job search from the unemployed. Data for the United States relate to the population 16 years of age and older. The U.S. concept of the working age population has no upper age limit. The adjusted to U.S. concepts statistics have been adapted, insofar as possible, to the age at which compulsory schooling ends in each country, and the Swedish statistics have been adjusted to include persons older than the Swedish upper age limit of 64 years. The adjusted statistics presented here relate to the population 16 years of age and older in France, Sweden, and the United Kingdom; 15 years of age and older in Australia, Japan, Germany, Italy, and the Netherlands. An exception to this rule is that the Canadian statistics are adjusted to cover the population 16 years of age and older, whereas the age at which compulsory schooling ends remains at 15 years. In the labor force participation rates and employmentpopulation ratios, the denominator is the civilian noninstitution alized working age popul ation , except that the institutionalized working age population is included in Japan and Germany. In the United States, the unemployed include persons who are not employed and who were actively seeking work during the reference period, as well as persons on layoff. Persons waiting to start a new job who were actively seeking work during the reference period are counted as unemployed under U.S. concepts; if they were not actively seeking work, they are not counted in the labor force. In some countries, persons on layoff are class ified as employed due to their strong job attachment. No adj ustment is made for the countries that classify those on layoff as empln~.'ed. In the United States, as in Australia and Japan, passive job seekers are not in the labor force; job search must be active , such as pl ac ing or answering adve rti se ments, contacting employers directly,or registering with an employment agency (simply reading ads is not enough to qualify as ac tive search). Canada and the European countries classify 84 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis passive jobseekers as unemployed. An adjustment is made to exclude them in Canada, but not in the European countries where the phenomenon is less prevalent. Persons waiting to start a new job are counted among the unemployed for all other countries, whether or not they were actively seeking work. The figures for one or more recent years for France, Germany, and the Netherlands are calculated using adjustment factors based on labor force surveys for earlier years and are considered preliminary. The recent year measures for these countries are therefore subject to revision whenever more current labor force surveys become available. There are breaks in series for the United States ( 1994, I 997, 1998, 1999, 2000, 2003), Australia (200 I), and Germany (1999). For the United States, beginning in 1994, data are not strictly comparable for prior years because of the introduction of a major redesign of the labor force survey questionnaire and collection methodology. The redesign effect has been estimated to increase the overall unemployme nt ra te by 0.1 percentage point. Other breaks noted relate to changes in population controls that had virtually no effect on unemployment rates. For a description of all the changes in the U.S. labor force survey over time and their impact, see Historical Comparability in the ··Household Data" section of the BLS publication Employment and Earnings (available on the BLS Web site at http://www.bls.gov/ cps/eetech _ methods.pdf). For Australia, the 200 I break reflects the introduction in April 200 I of a redesigned labor force survey that allowed for a closer applicat ion of Intern atio nal Labor Office guidelines for the definitions of labor force statistics. The Australian Bureau of Statistics revised their data so there is no break in the employment series. However, the reclassification of persons who had not active ly looked for work because they were waiting to begin a new job from "not in the labor force" to " unemployed" could only be incorporated for April 200 I forward. This reclassification diverges from the U.S. definition where persons waiting to start a new job but not ac tively seeking work are not counted in the labor force. The impact of the reclassification was an increase in the unemployment rate by 0.1 percentage point in 200 I. For Germany, the 1999 break reflects the incorporation of an improved method of data calculation and a change in coverage to persons li ving in private househo lds only. For further qualifications and historical data, see Comparative Civilian Labor Force Statistics, Ten Countries, on the BLS Web site at http://www.bis.gov/fls/flsl fore.pd f November 2004 FOR ADDITIONAL INFORMATION on this se rie s, contact the Division of Foreign Labor Statistics: (202) 691-5654 or flshelp@bls.gov Manufacturing productivity and labor costs Description of the series Table 54 presents comparative indexes of manufacturing labor productivity (output per hour), output, total hours, compensation per hour, and unit labor costs for the United States, Canada, Japan, and nine European countries. These measures are trend comparisons- that is, series that measure changes over timerather than level comparisons. There are greater technical proble~ns in comparing the levels of manufacturing output among countries. BLS constructs the comparative indexes from three basic aggregate measures--ou tput , total labor hours , and total compensation. The hours and compensation measures refer to all employed persons (wage and salary earners plus self-employed persons and unpaid family workers) in the United States, Canada, Japan, France, Germany, Norway, and Sweden , and to all employees (wage and salary earners) in the other countries. Definitions Output, in general, refers to value added in manufacturing from the national accounts of each country. However, the output series for Japan prior to 1970 is an index of industrial production, and the national accounts measures for the United Kingdom are essentially identical to their indexes of industrial production. The 1977- 97 output data for the United States are the gross product originating (value added) measures prepared by the Bureau of Economic Analysis of the U.S. Department of Commerce. Comparable manufacturing output data currently are not available prior to 1977. U.S. gross product originating is a chaintype annual-weight ed series. (For more information on the U.S. measure, see Robert E. Yuskavage, ·'Improved Estimates of Gross Product by Industry, 1959-94," Survey of Current Business, August 1996, pp. 13355.) The Japanese value added series is based upon one set of fixed price weights for the years 1970 through 1997. Output series for the other foreign economies also employ fixed price weights, but the weights are updated periodically (for example, every 5 or I 0 years). To preserve the comparability of the U.S. measures with those for other economies, BLS uses gross product originating in manufacturing for the United States for these comparative measures. The gross product originating series differs from the manufacturing output series that BLS publishes in its news releases on quarterly measures of U.S. productivity and costs (and that underlies the measures that appear in tables 48 and 50 in this section). The quarterly measures are on a "sectoral output" basis, rather than a valueadded basis. Sectoral output is gross output less intrasector transactions. Total labor hours refers to hours worked in all countries. The measures are developed from statistics of manufacturing employment and average hours. The series used for France (from 1970 forward), Norway, and Sweden are official series published with the national accounts. Where official total hours series are not available, the measures are developed by BLS using employment figures published with the national accounts, or other comprehensive employment series, and estimates of annual hours worked. For Germany, BLS uses estimates of Jverage hours worked developed by a research institute connected to the Ministry of Labor for use with the national accounts employment figures. For the other countries, BLS constructs its own estimates of average hours. An hours series is not available for Denmark after 1993; therefore, the BLS measure of labor input for Denm ark ends in 1993. Total compensation (labor cost) includes all payments in cash or in-kind made directly to employees plus employer expenditures for legally required insurance programs and contractual and private benefit plans. The measures are from the national accounts of each country, except those for Belgium , which are developed by BLS using stati~tic--; on employment, average hours, and hourly compensation. For Canada, France, and Sweden, compensation is increased to account for other significant taxes on payroll or employment. For the United Kin gdom , compensation is reduced between 1967 and 1991 to account for employment-related subsid ies. Self-employed workers are included in the all-employed-persons m..,qsures by assuming that their hourly compensation is equal to the average for wage and salary employees. Notes on the data In general, the measures relate to total manufacturing as defined by the International https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Standard Industrial Classification. However, the measures for France (for all years) and Italy (beginning in 1970) refer to mining and manufacturing less energy-related products, and the measures for Denmark include mining and exclude manufacturing handicrafts from 1960 to 1966. The measures for recent years may be based on current indicators of manufacturing output (such as industrial production indexes), employment, average hours, and hourly compensation until national accounts and other statistics used for the long-term measures become available. FOR ADDITIONAL INFORMATION on this series, contact the Division of Foreign Labor Statistics : (202) 691-5654. Occupational Injury and Illness Data (Tables 55-56) Survey of Occupational Injuries and Illnesses Description of the series The Survey of Occupational Injuries and Illnesses collects data from employers about their workers' job-related nonfatal injuries and illnesses. The information that employers provide is based on records that they maintain under the Occupational Safety and Health Act of 1970. Self-employed individuals, farms with fewer than 11 employees, employers regulated by other Federal safety and health laws, and Federal, State, and local government agencies are excluded from the survey. The survey is a Federal-State cooperative program with an independent sample selected for each participating State. A stratified random sample with a Neyman allocation is selected to represent all private industries in the State. The survey is stratified by Standard Industrial Classi fication and size of employment. Definitions Under the Occupational Safety and Health Act, employers maintain records of nonfatal work-related injuries and illnesses that involve one or more of the following: loss of consciousness, restriction of work or motion, transfer to another job, or medical treatment other than first aid. Occupational injury is any injury such as a cut, fracture, sprain, or amputation that results from a work-related event or a single, instantaneous exposure in the work environment. Occupational illness is an abnormal condition or disorder, other than one resulting from an occupational injury, caused by exposure to factors associated with employment. It includes acute and chronic illnesses or disease which may be caused by inhalation , absorption, ingestion, or direct contact. Lost workday injuries and illnesses are cases that involve days away from work, or days of restricted work activity, or both. Lost workdays include the number of workdays (consecutive or not) on which the employee was either away from work or at work in some restricted capacity, or both, because of an occupational injury or illness. BLS measures of the number and incidence rate of lost workdays were discontinued beginning with the 1993 survey. The number of days away from work or days of restricted work activity does not include the day of injury or onset of illness or any days on which the employee would not have worked, such as a Federal holiday, even though able to work. Incidence rates are computed as the number of injuries and/or illnesses or lost work days per I 00 full-time workers. Notes on the data The definitions of occupational injuries and illnesses are from Recordkeeping Guidelines for Occupational Injuries and Illnesses (U.S. Department of Labor, Bureau of Labor Statistics, September 1986). Estimates are made for industries and employment size classes for total recordable cases, lost workday cases, days away from work cases, and nonfatal cases without lost workdays. These data also are shown separately for injuries. Illness data are available for seven categories: occupational skin diseases or disorders, dust diseases of the lungs, respiratory conditions due to toxic agents, poisoning (systemic effects of toxic agents), disorders due to physical agents (other than toxic materials), disorders associated with repeated trauma, and all other occupational illnesses. The survey continues to measure the number of new work-related illness cases which are recognized, diagnosed, and reported during the year. Some conditions, for example, long-term latent illnesses caused by exposure to carcinogens, often are difficult to relate to the workplace and are not adequately recognized and repo1ted. These long-term latent ill- Monthly Labor Review November 2004 85 Current Labor Statistics nesses are believed to be understated in the survey 's illness measure. In contrast, the overwhelming majority of the reported new illnesses are those which are easier to directly relate to workplace activity (for example, contact dermatitis and carpal tunnel syndrome). Most of the estimates are in the form of incidence rates, defined as the number of injuries and illnesses per I 00 equivalent fulltime workers. For this purpose, 200,000 employee hours represent I 00 employee years (2,000 hours per employee). Full detail on the avai lable measures is presented in the annual bulletin , Occupational Injuries and Illnesses: Counts, Rates, and Characteristics. Comparable data for more than 40 States and territories are available from the BLS Office of Safety, Health and Working Conditions. Many of these States publish data on State and local government employees in addition to private industry data. Mining and railroad data are furnished to BLS by the Mine Safety and Health Administration and the Federal Railroad Administration. Data from these organizations are included in both the national and State data published annually. With the 1992 survey, BLS began publishing details on serious, nonfatal incidents resulting in days away from work. Included are some major characteristics of the injured and ill workers, such as occupation, age, gender, race, and length of service, as well as the circumstances of their injuries and illnesses (nature of the disabling condition, part of body affected, event and exposure, and the source directly producing the condition). In general, these data are available nationwide for detailed 86 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis industries and for individual States at more aggregated industry levels. FOR ADDITIONAL INFORMATION on occupational injuries and illnesses, contact the Office of Occupational Safety, Health and Working Conditions at (202) 691-6180, or access the Internet at: http://www.bis.gov/iif/ Census of Fatal Occupational Injuries The Census of Fatal Occupational Injuries compiles a complete roster of fatal job-related injuries , including detailed data about the fatally injured workers and the fatal events. The program collects and cross checks fatality information from multiple sources , including death certificates, State and Federal workers ' compensation reports, Occupational Safety and Health Administration and Mine Safety and Health Administration records , medical examiner and autopsy reports , media accounts, State motor vehicle fatality records, and follow-up questionnaires to employers. In addition to private wage and salary workers , the self-employed , family members, and Federal , State , and local government workers are covered by the program. To be included in the fatality census, the decedent must have been employed (that is working for pay, compensation, or profit) at the time of the event, engaged in a legal work activity, or present at the site of the incident as a requirement of his or her job. November 2004 Definition A fatal work injury is any intentional or unintentional wound or damage to the body resulting in death from acute exposure to energy, such as heat or electricity, or kinetic energy from a crash, or from the absence of such essentials as heat or oxygen caused by a specific event or incident or series of events within a single workday or shift. Fatalities that occur during a person 's commute to or from work are excluded from the census, as well as workrelated illnesses , which can be difficult to identify due to long latency periods. Notes on the data Twenty-eight data elements are collected, coded , and tabulated in the fatality program, including information about the fatally injured worker, the fatal incident, and the machinery or equipment involved. Summary worker demographic data and event characteristic s are included in a national news release that is available about 8 months after the end of the reference year. The Census of Fatal Occupational Injuries was initiated in 1992 as a joint Federal-State effort. Most States issue summary information at the time of the national news release. FOR ADDITIONAL INFORMATION on the Census of Fatal Occupational Injuries contact the BLS Office of Safety, Health, and Working Conditions at (202) 691-6 I 75, or the Internet at: http://www.bls.gov/iif/ 1. Labor market indicators 2002 Selected indicators 2002 2003 Ill 2004 2003 Ill II IV Ill II IV EfT1>1oyment data Elll)loyment status of the civilian noninstitutional population (household survey): 1 Labor force participation rate ......... ............................................. . 66.6 66.2 66.6 66.5 66.3 66.4 66.2 66.1 66.0 65.9 66.0 Employment-population ratio .............................................. ........ . 62.7 62.3 62.8 62.5 62.4 62.3 62.1 62.3 62.2 62.2 62.4 Unemployment rate .... ....... ........ ... .. ....... ... ...... ............... .. .. 5.8 6.0 5.8 5.9 5.8 6.1 6.1 5.9 5.6 5.6 5.5 Men .... ... ... .......... .. ... ... ... ... .... ........ ....... .... ... ..... ... ....... .. . 5.9 6.3 5.9 6.1 6.1 6.5 6.4 6.1 5.7 5.7 5.6 16 to 24 years ..... ...................... ............................................. .. 12.8 13.4 13.1 12.5 12.6 14.0 13.8 13.1 12.5 12.9 12.5 4.4 25 years and older ....................................... ...... ..................... . 4.7 5.0 4.7 4.9 5.0 5.2 5.1 4.9 4.5 4.5 Women .. ... ... .. . .. . ..... . ... .. ... ..... .... .... .. ......... ............... .... .. 5.6 5.7 5.6 5.7 5.5 5.7 5.8 5.6 5.6 5.4 5.4 16 to 24 years ..... ................................... ... .... ......... ... ............ ... 11 .1 11 .4 10.9 11 .4 11.2 11.8 11 .5 10.9 11 .1 10.9 11.0 25 years and older..................... ................ ....... ...................... . 4.6 4.6 4.6 4.6 4.5 4.6 4.7 4.6 4.5 4.4 4.3 1 Elll)loyment, nonfarm (payroll data), in thousands: Total nonfarm . ...... ..... ..... ... ............................................ ..... ..... . 130,341 129,931 130,287 130,248 130,047 129,878 130,002 130,367 131 ,125 131 ,521 Total private .. ............. ... .... .. .... ...................................... ... . 108,828 108,356 108,736 108,654 108,428 108,309 108,260 108,453 108,827 109,577 109,897 Goods-producing .... ... ... .... .. ............ ............ ... ... ...... ... ..... .. .... .. . 22,557 21,817 22,466 22,252 22,025 21,848 21,718 21 ,676 21 ,719 21 ,869 21 ,927 Manufacturing ..... ..... .......... ......... ........ ...... ..... ........... . 22,557 21,817 15,197 14,979 14,775 14,570 14,410 14,340 14,326 14,385 14,403 107,789 108,114 107,821 107,995 108,022 108,030 108,102 108,326 108,648 109,256 109,595 Servi~oviding ..... .. ............ .. 129,820 Average hours: Totll private ................................................ .. .......................... . 33.9 33.7 33.9 33.8 33.8 33.7 33.6 33.7 33.8 33.7 33.8 Manufacturing . ............ . .. ... .......... .. . .. ............................ . 40.5 40.4 40.4 40.4 40.4 40.2 40.2 40.6 41 .0 40.9 40.8 Overtime .... ........................ ..... .. ......... .. ....... ..... ... .... .. . 4.2 4.2 4.3 4.2 4.2 4.1 4.1 4.4 4.6 4.6 4.6 1.0 EfT1>1oyment Cost lndex2 Percent change in the ECI, compensation : NI workers (exduding farm, household and Federal workers) ... ... 3.4 3.8 .9 .6 1.4 .8 1.1 .5 1.4 .9 Private industry workers ...... ......... .. .... .. ... ................ ............. ... . 3.2 4.0 .6 .4 1.7 .8 1.0 .4 1.5 .9 .8 Goods-producing ... .... ... .................. .................... . ......... ... ... . 3.7 4.0 .6 .9 1.8 .9 .7 .5 2.3 .9 .9 Servi~oviding3 .... ......... .. ............. .. 3.1 4.1 4.0 3.3 .6 2.2 .2 .9 1.5 .7 .8 .4 1.1 1.7 .5 .5 1.1 .7 1.0 .4 .8 1.7 Union .... ......... ....... .. ... ...... .... .. ... . .. . .. ... . ..... ... . ..... . ............ . 4.2 4.6 1.2 .9 1.6 1.2 1.0 .7 2.8 1.5 .8 Nonunion ........... ..... ... ... ... ... . .. .... .. . .. ...... ... ... ... ... ... ... ... .... .. 3.2 3.9 .5 .4 1.6 .8 1.0 .4 1.3 .8 .9 3 State and local government workers Workers by bargaining status (private industry): 1 Quarterly data seasonally adjusted. NOTE: Beginning in January 2003, household survey data reflect revised population Annual changes are December-to-December changes. Quarterly changes are calculated using the last month of each quarter. controls. Nonfarm data reflect the conversion to the 2002 version of the North American Industry Classification System (NAICS), replacing the Standard Industrial Classification (SIC) 3 system. NAICS-based data by industry are not comparable ...,,;th SIG-based data. 2 Goods-producing industries include mining, construction , and manufacturing. Service- providing industries include all other private sector industries. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 87 Current Labor Statistics: Comparative Indicators 2. Annual and quarterly percent changes in c ompensation, pric es, and productivity Selected measures 2002 2003 2002 Ill 2003 IV II 2004 Ill IV II Ill 12 Compensation data ' Employment Cost Index-compensation (wages, salaries , benefits) : Civilian nonfarm ... .................. .... ........ .. ...... ........ Private nonfarm .............................................. Employment Cost Index-wages and salaries: Civilian nonfarm .... .... ..... ........... .... .... ...... ..... ..... ...... Private nonfarm ... . . . . . . . . . .. . . . . . . . . . . .................................... Price data 3.4 3.2 3.8 4.0 0.9 .6 0.6 .4 1.4 1.7 0.8 .8 1.1 0.5 1.0 .4 2.9 2.7 2.9 3.0 .7 .4 .4 .3 1.0 1.1 .6 .7 .9 .8 2.3 2.3 .6 -.1 1.8 -.3 3.2 4.2 .4 4.6 25.2 3.2 4.2 .4 4.6 25.2 .2 .0 - .7 1.1 1.9 -.1 -.3 .6 .1 6.5 3.7 2.4 .6 6.5 28.0 4.3 4.4 4.4 4.5 4.4 5.4 4.8 4.5 4.1 1.2 1.6 3.4 3.9 3.7 3.2 1.4 1.5 0.9 .9 1.0 .8 .4 .6 .7 .6 .7 .9 .9 -.2 -.2 1.2 1.2 .2 -.8 1.8 - .6 -2 .1 - 10.6 .3 .3 - .1 - .1 3.4 .0 .0 .0 .0 14.4 1.2 1.5 .6 2.5 6.0 1.2 1.4 .5 3.0 7.6 .0 -1.7 .4 1.9 -5.1 7.6 6.7 9.1 8.5 9.0 9.4 2.4 3.1 5.0 3.9 3.7 .1 1.5 3.9 2.7 2.3 1.9 .3 1 Consumer Price Index (All Urban Consumers) : All Items ...... Producer Price Index: Finished goods ..... .......................................... ..................... Finished consumer goods .... .... ....... .................... ............. Capital equipment.. ........................ ...... ... .. ... Intermediate materials, su pplies , and components . Crude materials .... ....... .......... ................ ..... Productivity data 3 Output per hour of all persons: Business sector ......... .............................. ....................... ...... Nonfarm business sector ............ ··················· Nonfinancial cornorations 4 .. 1 Annual changes are December-to-December changes. Quarterly changes are calculated using the last month of each quarter. Compensation and price data are not seasonally adjusted, and the price data are not compou nded. 2 Excludes Federal and private household workers. 3 Annual rates of change are computed by comparing annual averages. Quarterly percent changes reflect annual rates of change in quarterly indexes . The data are seasonally adjusted. 4 Output per hour of all employees. NOTE: Dash indicates data not available. 3. Alternative measures of wage and compensation changes Quarterly change Components 2003 IV Ill Average hourly compensation :1 All persons, business sector All persons, nonfarm business sector. .... Four quarters ending- 2004 II 2003 Ill Ill 2004 IV II Ill 5.6 6.1 4.0 4.4 2.8 2.0 4.3 4.9 3.8 3.6 4.6 4.6 5.3 5.4 4.6 4.5 4.2 4.4 3.7 3.7 1.1 1.0 1.0 1.0 1.7 .5 .4 .7 .4 .5 1.4 1.5 2.8 1.3 .7 .9 .9 1.5 .8 .4 1.0 .8 .8 .9 1.7 3.9 4.0 4.8 3.8 3.6 3.8 4.0 4.6 3.9 3.3 3.8 3.9 5.7 3.6 3.3 3.9 4.0 6.0 3.5 3.4 3.8 3.7 5.8 3.4 3.4 .3 .4 .6 .2 .4 .6 .7 .6 .7 .4 .6 .7 1.0 .6 .2 .9 .9 .8 .8 1.0 2.9 3.0 2.6 3.1 2.3 2.9 3.0 2.4 3.1 2.1 2.5 2.6 2.5 2.6 2.1 2.5 2.6 2.9 2.5 1.9 2.4 2.6 3.0 2.5 2.0 Employment Cost Index-compensation: 2 Civilian nonfarm ... . . .. ....... .. . . . . .. ........ . ......... . .. .. . . Private nonfarm ................. .. ..... ... ... ..... .. ....................... .. ......... . Union ....... .................. ... ........... ................. . Nonunion .. .. .. .................... ... ..... ... .. ........... ... ........... .... .... ...... .. State and local governments .................. ................. ... ............... Employment Cost Index-wages and salaries : 2 Civilian nonfarm .. . ...... . ............... . . . .. . .. . . . .. . .. . ..... .. . . . . . Private nonfarm .................. ................ ................... ................. .. .. Union .... ..... .... ..... ... .. ... ..... ......... .... .. ... .. ....... ..... ... ... ... .. Nonunion ......... .... ................................................... .............. . State and local governments ................................................... .. ·I .8 .6 1 .9 1.0 1 Seasonally adjusted. "Quarterly average" is percent change from a quarter ago, at an annual rate. 2 Excludes Federal and household workers. 88 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 4. Employment status of the population, by sex, age, race, and Hispanic origin, monthly data seasonally adjusted [Numbers in thousands] 2004 2003 Annual average Employment status 2002 2003 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. 217.570 144,863 66.6 136,485 221 ,168 146,510 66 .2 137,736 221,779 146,610 66 .1 137,644 222,039 146,892 66.2 138,095 222,279 147,187 66 .2 138,533 222.509 146,878 66.0 138,479 222,161 146,863 66.1 138,566 222,357 146,471 65.9 138,301 222,550 146,650 65.9 138,298 222,757 146,741 65 .9 138,576 222,967 146,974 65.9 138,772 223,196 147,279 66 .0 139,031 223,422 147,856 66 .2 139,660 223,677 147,704 66.0 139,681 223,941 147,483 65.9 139,480 62 .7 8,378 5.8 72,707 62.3 8,774 6.0 74,658 62 .1 8,966 6.1 75,168 62 .2 8,797 6.0 75,147 62. 3 8,653 5.9 75,093 62.2 8,398 5.7 75,631 62.4 8,297 5.6 75,298 62 .2 8,170 5.6 75,886 62. 1 8,352 5.7 75,900 62 .2 8, 164 5.6 76,016 62.2 8,203 5.6 75 ,993 62.3 8,248 5.6 75,916 62 .5 8,196 5.5 75,565 62.4 8,022 5.4 75,973 62.3 8,003 5.4 76,458 TOTAL Civilian noninstitutional 1 population Civilian labor fo rce .. Participation rate .. Employed .. Employm ent-population ratio 2 . Unemployed .. Unemploym ent rate .. . Not in the labor fo rce ······· Men, 20 years and over Civil ian noninstitutional 1 population Civ ilian labor fo rce .. Part icipation rate .. . Employed .. Em ployment-pop2 ulation ratio ... Unemployed .. Unemployment rate .. Not in the labor force .. 96,439 98,272 98,568 98 ,696 98,814 98,927 98,866 98,966 99,065 99,170 99 ,2 79 99,396 99,512 99,642 99,776 73,630 76.3 69 ,734 74,623 75.9 70,4 15 74,905 76.0 70,596 74,942 75.9 70,726 75,188 76.1 70 ,964 75,044 75 .9 71 ,099 75,171 76.0 71 ,329 74,797 75.6 70,969 75,018 75.7 71,128 74,871 75 .5 71 ,118 75,048 75.6 71 ,162 75,372 75.8 71 ,570 75,577 75.9 71,847 75,639 75.9 71,870 75,443 75.6 71 ,677 72 .3 3,896 5.3 22,809 71.7 4,209 5.6 23,649 71.6 4,309 5.8 23,663 71 .7 4,216 5.6 23,754 71.8 4,224 5.6 23,620 71.9 3,945 5.3 23,882 72.1 3,842 5. 1 23,694 71.7 3,828 5.1 24,168 71.8 3,890 5.2 24,047 71 .7 3,753 5.0 24,299 71.7 3,886 5.2 24 ,23 1 72.0 3,802 5.0 24,023 72.2 3,730 4.9 23,935 72.1 3,768 5.0 24,003 72.0 3,766 5.0 24,332 105, 136 106,800 107,080 107,197 107,303 107 ,404 107, 131 107,216 107,299 107,389 107,483 107,586 107,687 107,801 107,920 63,648 60.5 60,420 64,7 16 60.6 61,402 64,608 60.3 6 1,191 64,899 60.5 61,524 64,917 60 .5 61,597 64,846 60.4 6 1,521 64,515 60.2 61,260 64,629 60.3 61,456 64,687 60.3 61,373 64,785 60.3 61,571 64,813 60.3 61,721 64,893 60.3 61,629 65,122 60.5 61,918 64,903 60.2 61,870 64,989 60.2 6 1,925 57.5 3,228 5. 1 41,488 57.5 3,314 5.1 42, 083 57 .1 3,417 5.3 42,472 57.4 3,375 5.2 42,299 57.4 3,320 5. 1 42,387 57.3 3,326 5.1 42,558 57.2 3,255 5.0 42,6 17 57 .3 3,172 4.9 42,587 57.2 3,314 5.1 42,6 13 57 .3 3,215 5.0 42,604 57.4 3,092 4.8 42 ,670 57.3 3,264 5. 0 42,693 57 .5 3,204 4.9 42,565 57.4 3,033 4.7 42,898 57 .4 3,064 4.7 42,93 1 15,994 16,096 16,13 1 16,145 16,162 16,178 16, 164 16, 175 16, 186 16,198 16,205 16,214 16,222 16,234 16,246 7,585 47.4 6,332 7,170 44 .5 5,919 7,097 44 .0 5,857 7,05 1 43.7 5,846 7,082 43.8 5,972 6,987 43.2 5,859 7,177 44.4 5,977 7,045 43.6 5,875 6,945 42 .9 5,797 7,085 43.7 5,888 7,113 43.9 5,888 7,014 43.3 5,832 7,157 44.1 5,896 7,162 44.1 5,941 7,051 43.4 5,877 39.6 1,253 16.5 8,409 36.8 1,251 17.5 8,926 36 .3 1,240 17.5 9,034 36.2 1,205 17.1 9,094 37.0 1,109 15.7 9,080 36.2 1,128 16.1 9,191 37.0 1,200 16.7 8,987 36.3 1, 170 16.6 9,130 35.8 1,148 16.5 9,240 36.3 1,197 16.9 9,113 36.3 1,225 17.2 9,092 36.0 1,181 16. 8 9,200 36.3 1,262 17.6 9,065 36.6 1,220 17.0 9,072 36 .2 1,173 16.6 9,195 Women, 20 years and over Civilian noninstitutional 1 population Civilian labo r fo rce . . . . . Part icipation rate .. Empl oyed .. Employment-pop- .. .... ulation ratio 2 ..... Unemployed .. Unemployment rate .. Not in the labor force .. Both sexes, 16 to 19 years Civilian noninstitutional 1 population Civilian labor force .. Part ici pation rate .... Empl oyed ... Employm ent-pop2 ulation ratio Unemployed ... Unemploym ent rate .. Not in the labor force .. 3 White Civilian noninstitutional 1 popul ation Civili an labo r force .. Participation rate .. Employed .. Employment-pop2 ulation ratio ... Unemployed .. Unemployment rate .. Not in the labor force .... Black or African American 179,783 181 ,292 181,696 18 1,87 1 182,032 182,185 181 ,879 182,001 182,001 182,252 182,384 182 ,531 182,676 182,846 183,022 120, 150 66. 8 114,013 120,546 66.5 114,235 120,411 66 .3 114,015 120,736 66.4 114,535 121,041 66 .5 114,783 120,751 66 .3 114,678 120,723 66.4 11 4,765 120,540 66. 2 114,602 120,542 66.2 114,433 120, 675 66 .2 114,712 120,984 66.3 114,976 121, 180 66.4 115,152 121,428 66.5 115,623 121,300 66.3 115,547 121 ,016 66 .1 115,323 63.4 6,137 5. 1 59,633 63.0 6,3 11 5.2 60,746 62 .8 6,397 5.3 61,285 63.0 6, 200 5.1 61,135 63.1 6, 258 5.2 60,991 62.9 6,073 5.0 61,434 63.1 5,958 4.9 61 ,156 63.0 5,938 4.9 61,460 62 .8 6,109 5.1 61,579 62 .9 5,963 4.9 6 1,577 63.0 6,008 5.0 61,400 63.1 6,028 5.0 61,351 63 .3 5,805 4.8 61,248 63 .2 5,753 4.7 61,546 63.0 5,693 4.7 62,006 25,578 25 ,686 25,784 25,825 25,860 25,894 25, 867 25,900 25,932 25,967 26,002 26,040 26,078 26,120 26 ,163 16,565 64 .8 14,872 16,526 64.3 14,739 166,677 64.7 14,826 16,589 64. 2 14 ,696 16, 524 63.9 14,812 16,365 63.2 14,679 16,602 64.2 14,886 16,404 63.3 14,804 16,595 64.0 14,909 16,485 63.5 14,878 16,442 63.2 14,818 16,506 63.4 14,833 16,755 64.3 14,926 16,724 64.0 14,983 16,703 63.8 14,981 58.1 1,693 10.2 9,013 57.4 1,787 10.8 9,161 57.5 1,851 11.1 9, 107 56.9 1,893 11.4 9,236 57.3 1,712 10.4 9,336 56.7 1,686 10.3 9,529 57.5 1,736 10.5 9,2 65 57.2 1,600 9.8 9,495 57 .2 1,686 10.2 9,337 57.3 1,607 9.7 9,482 57.0 1,624 9.9 9,560 57.0 1,673 10.1 9,534 57 .2 1,829 10.9 9,323 57.4 1,741 10.4 9,396 57 .3 1,722 10.3 9,460 3 Civi lian noninstitution al 1 population Civilian labor force .. Part icipation rat e .. Employed .. Em ployment-pop2 ulation rati o .... Unemployed .. Unem ployment rate .. Not in the labor force .. See footnotes at end of table https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 89 Current Labor Statistics: Labor Force Data 4. Continued-Emp loyment status of the population, by sex, age, race, and Hispanic origin, monthly data seasonally adjusted [Numbers in thousands] Annual average Employment status 2003 2004 2002 2003 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. 25,963 17,943 69.1 16,590 27,551 18,813 68.3 17,372 27,808 18,877 67.9 17,456 27,913 18,940 67.9 17,556 28,016 19,125 68.3 17,709 28,116 19,035 67.7 17,784 27,619 18,811 68.1 17,441 27,705 18,693 67.5 17,303 27,791 19,010 68.4 17,596 27,879 19,064 68.4 17,693 27,968 19,313 69.1 17,958 28,059 19,304 68.8 18,019 28,150 19,450 69.1 18,118 28,243 19,482 69.0 18,144 28,338 19,446 68.6 18,073 63.9 1,353 7.5 8,020 63. 1 1,441 7.7 8,738 62 .8 1,421 7.5 8,931 62 .9 1,383 7.3 8,974 63.2 1,416 7.4 8,891 63.3 1,250 6.6 9,082 63 .2 1,370 7.3 8,807 62.5 1,389 7.4 9,012 63.3 1,414 7.4 8,781 63.5 1,371 7.2 8,815 64.2 1,355 7.0 8,654 64.2 1,285 6.7 8,755 64.4 1,332 6.8 8,700 64.2 1,338 6.9 8.761 63.8 1,372 7.1 8,892 Hispanic or Latino ethnicity Civilian noninstitutional 1 oooulation . . Civilian labor force .............. Participation rate .. ... ... . Fniployed ........... ........ .... Employment-population ratio 2 . . Unemployed ................... Unemployment rate .... Not in the labor force .. 1 The population figures are not seasonally adjusted . Civilian employment as a percent of the civilian noninstitutional population . 3 Beginning in 2003, persons who selected this race group only; persons who selected more than one race group are not included. Prior to 2003, persons who reported more than one race were included in the group they identified as the main race. 2 NOTE: Estimates for the above race groups (white and black or African American) do not sum to totals because data are not pre sented for all races . In addition , persons whose ethnicity is identified as Hispanic or Latino may be of any race and , therefore, are classified by ethnicity as well as by race. Beginning in January 2003, data reflect revised population controls used in the household survey. 5. Selected employment indicators, monthly data seasonally adjusted [In thousands] Selected categories Characteristic Employed , 16 years and over .. Men .... ... ..... ... .. . Women ... Married men , spouse present. ................. Married women, spouse present .. .. ....... Annual average 2003 2004 2002 2003 Sept. Oct. Nov. 136,845 72,903 63.582 137 ,736 73,332 64,404 137,644 73,488 64 .155 138,095 73,643 64.452 138 ,533 73 ,915 64 ,6 18 Dec. 138,479 74,085 64 ,394 Jan. Feb. Mar. Apr. May June July Aug. Sept. 138,566 74 ,343 64 ,223 138,301 73 ,901 64 ,400 138,298 74,006 64 ,292 138,576 74,053 64 ,523 138,772 74 ,035 64 ,737 139,031 74,476 64 ,555 139,660 74 ,822 64,838 139,681 74 ,860 64 ,822 139,480 74,601 64 ,879 44,116 44,653 44,566 44 ,684 45 ,152 45,431 45,490 45,128 45,043 44 ,735 44 ,723 44,938 44,935 45 ,106 45,034 34 ,155 34 ,695 34,612 34,993 35,076 35 ,034 34 ,585 34.502 34 ,256 34 ,339 34 ,522 34,461 34,599 34.448 34 ,601 Persons at work part time' All industries : Part time for economic reasons .. ... ...... .... ..... .... Slack work or business conditions .. Could on ly find part-time work ... ... ... .. .... Part time for noneconomic reasons .. Nonagricultural industries: Part time for economic reasons .. Slack work or business conditions ... . Could only find part-time work .. Part tim e for non economic reasons ... 1 4 ,213 4 ,701 4,896 4,800 4 ,880 4 ,788 4 ,714 4,437 4,733 4,574 4,665 4,513 4,490 4,504 4,452 2,788 3 ,118 3 ,185 3 ,030 3 ,226 3,205 2,996 2,865 3,011 2,8 19 2. 853 2,803 2,660 2,812 2,808 1,124 1,279 1,334 1,356 1,350 1,295 1,380 1,347 1,427 1,439 1,467 1,404 1.500 1,461 1,312 18,843 19,014 19,021 18,935 19 ,110 18.561 18,905 18.900 19,006 19, 000 19,621 19,531 19,741 19.680 19,386 4 ,11 9 4 ,596 4 ,794 4.690 4 ,782 4 ,727 4.613 4.328 4,622 4,471 4,605 4,442 4.400 4,391 4 .379 2,726 3 ,052 3, 127 2 ,964 3 ,153 3 ,144 2 ,911 2,778 2,927 2,756 2,812 2,762 2,605 2,714 2,753 1,114 1,264 1,335 1,349 1,353 1,279 1.399 1,340 1.414 1,43 1 1,476 1,387 1,496 1,442 1.3 15 18,487 18,658 18,633 18,628 18,752 18,367 18,636 18,691 18,693 18,664 19,220 19,072 19,290 19,2 13 19,025 Excludes person s "with a job but not at work" during th e survey period for such reasons as vacation, illness, or industrial disputes. NOTE: Beginning in January 2003 , data reflect revised population controls used in th e household survey . 90 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 6. Selected unemployment indicators, monthly data seasonally adjusted [Unemployment rates] Annual average Selected categories 2002 2003 2003 Sept. Oct. 2004 Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Characteristic Total, 16 years and older .................. ... .. ... Both sexes. 16 to 19 years ... .. ...... ......... Men , 20 years and older .... .. ....... .... ..... Women, 20 years an d older ........... .. ..... 5.8 16.5 5.3 5. 1 6.0 17.5 5.6 5.1 6.1 17.5 5.8 5.3 6.0 17.1 5.6 5.2 5.9 15.7 5.6 5 .1 5.7 16. 1 5.3 5.1 5.6 16.7 5.3 5.0 5.6 16.6 5.1 4.9 5.7 16.5 5.2 5.1 5.6 16.9 5 .0 5.0 5.6 17.2 5.2 4.8 5.6 16.8 5.0 5.0 5.5 17.6 4.9 4.9 5.4 17.0 5.0 4.7 5.4 16.6 5 .0 4.7 White, total' .. .... Both sexes , 16 to 19 years. .. .. .... Men, 16 to 19 years ....................... Women , 16 to 19 years ......... .. .... .. Men, 20 years and older ............... ... Women, 20 years and older .. ... ... .. . 5.1 14.5 15.9 13.1 4.7 4.4 5.2 15.2 17.1 13.3 5.0 5.1 14.3 15.9 12.6 4.9 4.4 5.2 14.3 16.8 11 .5 5.0 4.4 5.0 14.8 16.3 13.1 4.7 4.3 4.9 14.1 14.0 14.2 4.5 4 .4 5.3 15.1 17.6 12.6 5.0 4.5 4.4 4.9 15.2 15.5 14.9 4.5 4.2 5.1 14.8 16 .2 13.3 4.7 4.4 4.9 15.7 17.9 13.3 4.5 4.2 5.0 15.7 18.6 12.7 4.7 4.1 5.0 14.8 16.4 13.2 4.5 4.4 4.8 14.9 15.5 14.3 4.3 4.2 4.7 15.3 15.8 14.8 4.4 4.0 4.7 14.7 15.8 13.6 4.3 4.0 Black or African American . total ' ······ ·· Both sexes. 16 to 19 years ............... Men . 16 to 19 years .. ... .. ... ............ . Women , 16 to 19 years .. ........ ····· · Men, 20 years and older ... ................ Women . 20 years and older ............. . 10.2 29.8 31.3 28.3 9.5 8.8 10.8 33.0 36.0 30.3 10.3 9.2 11 .1 32.7 34.2 31.4 11 .0 9.2 11.4 37.3 40.9 33.2 10.5 9.8 10.4 28.9 32.5 25.7 10.1 9 .1 10.3 27.3 28.4 26.5 9.3 9.7 10.5 32.5 42.1 25 .8 9.6 9 .1 9.8 25.1 29.6 21 .9 9.4 8.8 10.2 29.4 36.6 22 .8 9.2 9.3 9.7 28.3 30.9 26.1 9.3 8.7 9.9 32.5 30.3 34.1 9.3 8.4 10.1 32.6 33.9 31.4 9.3 8.9 10.9 37.0 37.8 36.3 10.3 9.1 10.4 28 .9 33.9 24.1 10.4 8.7 10.3 28 .9 36.0 2 1.6 10.4 8.9 Hispanic or Lati no ethnicity ....... .. ..... .. Married men. spouse present.. ......... .... Married wome n, spouse present.. Full-time workers .. .... .................... ... .... Part-time workers.. .. ....... .. ... .... .... ... .. .... 7.5 3.6 3.7 5.9 5.2 7.7 3.8 3.7 6.1 5.5 7.5 3.8 3.9 6.2 5.7 7.3 3.8 3.8 6.1 5.5 7.4 3.7 7.3 3.3 3. 7 5.7 5.4 7.4 3.4 3.6 5.6 5.2 7.4 3.2 3.7 5.8 5.4 7.2 3.1 3.7 5.6 5.3 7.0 3.1 3.3 5.7 5.2 6.7 3.2 3.7 5.6 5.5 6.8 3.2 3.5 5.6 5.2 6.9 3.1 3.5 5.5 5.2 7.1 3.0 3.2 5.6 5.0 Educational attainment2 Less than a high school diploma ....... ...... ... 8.4 8.8 8 .7 High school graduates. no college 3 .......... Some college or associate degree ........... 5.3 4.5 5.5 4.8 5.4 4.8 2.9 3.1 3.2 Bachelor's degree and higher 4 ........... . .. .. 6.1 5.1 6.6 3.3 · 3.9 I 5.8 5.3 8.8 8.5 8.1 8.8 8.5 8.8 8.7 8.8 8.8 8.3 8 .1 8 .8 5.5 4.8 5.4 4.8 5.5 4.5 4.9 4.5 5.0 4.4 5.3 4.7 5.2 4.1 5.0 4.0 5.1 4.2 5.1 4.2 4.9 4.0 4.8 4.0 3.1 3.1 3.0 2.9 2.9 2.9 2.9 2.9 2.7 2.7 2.7 2.5 ''I ' Beginning in 2003 , persons who selected this race group only ; persons who Includes high school diploma or equivalent. selected more than on e race group are not included . Prior to 2003, persons who reported more than one race we re included in the group they identified as the main race . 2 Includes persons with bachelor's, master's, professional, and doctoral degrees. NOTE: Beginning in January 2003 , data reflect revi sed population controls used in the Data refer to persons 25 years and older. household survey . 7. Duration of unemployment, monthly data seasonally adjusted [Numbers in thousands] Weeks of unemployment Annual average 2002 2003 2003 2004 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug . Sept. 2,61 2 2,394 3,365 1,467 1,898 2,468 2,4 12 3,274 1,403 1,87 1 2,589 2,4 14 3,320 1,332 1,988 2,792 2,369 2,969 1,170 1.800 2,707 2, 376 3,077 1,288 1,789 2,688 2,405 3,065 1,306 1,759 2,805 2,476 2,878 1,21 1 1,667 2,604 2,52 1 2,903 1,239 1,664 2 ,790 2,255 2,954 1,253 1,747 20.3 10.3 20.1 10.3 19.7 9.5 20.0 10.0 19.9 10.8 18.6 8.9 19.0 9.4 19.6 9.5 Less than 5 weeks ......... ... ..... ... 5 to 14 weeks . .. . . . . . .. . .. . . .. . . ···· ···· .. .. 15 weeks and over .. . .... ... ... .. .. ..... . 15 to 26 weeks .. 27 weeks and over .. ...... .. .. ... ... 2,893 2,580 2,904 1,369 1,535 2,785 2,61 2 3,378 1,442 1,936 2,749 2,736 3,51 1 1,438 2,073 2,733 2,585 3,478 1,460 2,018 2,622 2,556 3,484 1,448 2,036 2,627 2,450 3,403 1,513 1,890 Mean duration, in weeks . ... . . ... .. . . • . . Median duration. in weeks .. 16.6 9.1 19.2 10.1 19.6 10.1 19.4 10.3 20.0 10.4 19.6 10.4 , •• I 10.7 i-.J0 H :: Beginn ing in January 2003, data reflect revised popul ati on co ntrols used in th e household survey. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly La b or Revi ew November 2004 91 Current Labor Statistics: Labor Force Data 8. Unemployed persons by reason for unemployment, monthly data seasonally adjusted [Nu mbers in thousands] Annual average Reason for unemployment 2002 1 Job losers ... ... . ········· · ·· · ·· ··· On temporary layoff. . ... .. Not on temporary layoff .. Job leavers ... .. ... . .... .. ..... .. ... .......... Reentrants .. ··· •····•··•· ·•· ·• . ...... New entrants ......... ..................... . . 2003 2003 Sept. 2004 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. 4,877 1,097 3,780 789 2,518 653 4,719 1,055 3,664 931 2,440 619 4,618 1,060 3,558 783 2,366 694 4,382 1,028 3,353 804 2,509 68 1 4,323 1,064 3,258 827 2,424 676 4,607 1,040 3,567 836 2,424 627 4,399 994 3,405 822 2,3 14 645 4,211 926 3,286 846 2,438 713 4,099 1,01 1 3,088 902 2,435 636 4,1 81 1,065 3,116 895 2,330 680 3,936 982 2 ,955 884 2,447 694 3,984 917 3,068 827 2,424 692 4,607 1,124 3,483 866 2,368 536 4,838 1,121 3,717 818 2,477 641 4,947 1,110 3,837 836 2,436 684 55.0 55.1 55.6 55.2 54 .2 54.6 52.3 52.4 54.2 53.8 51. 3 50.8 51 .7 49.4 50 .3 13.4 41 .6 10.3 28.3 6.4 12.8 42.4 9.3 28.2 7.3 12.5 43 .1 9.4 27.4 7.7 12.4 42.8 8.9 28.5 7.4 12.1 42 .1 10.7 28.0 7.1 12.5 42.0 9.3 28.0 8 .2 12.3 40 .0 9.6 30.0 8.1 12.9 39.8 10.0 29.4 8.2 12.2 42.0 9 .8 28.5 7.4 12.1 41.6 10. 1 28.3 7.9 11 .3 40.0 10.3 29 .7 8.7 12.5 38.3 11 .2 30.2 7.9 13.2 38.5 11 .1 28.8 8.4 12.3 37. 1 11 .1 30 .7 8 .7 11 .6 38.7 10 .4 30 .6 8.7 3.2 3.3 3.4 3.3 3.2 3.1 3.0 3.0 3.1 3.0 2.9 2.8 2.8 .6 1.7 .4 .6 1.7 .5 .5 1.7 .4 .6 1.7 .4 .5 1.6 .5 .5 1.7 .5 .6 1.7 .5 .6 1.7 .4 .6 1.6 .4 .6 1.7 .5 .6 1.7 .4 .6 1.6 .5 2.7 . .6 1.7 .5 2.7 .6 1.6 .4 Percent of unemployed 1 Job losers . •• ......... ..... ....... .. .... On te mporary layoff. ...... .... ....... Not on temporary layoff. .. .. .... ... ... Job leavers ........ . ... . ..... .. . ... .... . .. .. .•. . Reentrants ....... ...... ... ........ . ..... . New entrants .... .... Percent of civilian labor force 1 Job losers ... . .. .. . . .... . . . . .. . . ... . . . . Job leavers ..... .. .. .... .. .... ········· . ...... Reen tr ants .. ... ....... . ... . . .. ........... .. . New entrants. ···· ········· ········· ········· · .6 1.6 .5 ' Includes persons who completed temporary jobs. NOTE: Beginning in January 2003 , data reflect revised population co ntrol s used in the household survey. 9. Unemployment rates by sex and age , monthly data seasonally adjusted [Civilian wo rkers] Annual average Sex and age 2002 2003 2003 Sept. Oct. 2004 Nov. Dec. Jan. Mar. Apr. May June July Aug. Sept. Total. 16 years and older.. .. ... 16 to 24 years ....... .... ... ... 16 to 19 years . . . . . . . . . . . . .. ... ... . 16 to 17 years. ........... .... 18 to 19 years .. . ..• . . •..• •• • .. ... 20 to 24 years .. . .......... ... . ····· 25 years and older .. .. .... ... .. .... 25 to 54 years . . . . . . . . . . . . . . . .. .. 55 years and older ·· ······ ... . 5.8 12.0 16.5 18.8 15.1 9.7 4.6 4. 8 3.8 6.0 12.4 17.5 19.1 16.4 10.0 4.8 5.0 4.1 6.1 12.8 17.5 19.3 16.2 10.6 4.9 5.1 4.0 6.0 12.3 17.1 20.2 15.2 10.1 4.9 5.1 3.8 5.9 12.1 15.7 17.5 14.7 10.4 4.8 5. 0 3.9 5.7 11 .7 16.1 18.3 14.7 9.6 4.7 4.9 3.9 5.6 12.0 16.7 18.2 15.7 9.8 4.5 4.7 3.7 5.6 11.8 16.6 17.6 15.7 9.5 4.5 4. 7 3.8 5.7 11 .8 16.5 19.4 14.5 9.6 4.6 4.9 3.8 5.6 11.6 16.9 20.2 14.7 9.2 4.5 4.6 3.8 5.6 12.1 17.2 21.6 14.7 9.7 4.4 4.5 3.9 5.6 12.0 16.8 20.6 14.3 9.8 4.5 4.5 3.9 5.5 12.0 17.6 20.2 16.1 9.3 4.4 4.6 3.7 5.4 11 .6 17.0 20.8 14.9 9.0 4.3 4.5 3.7 5.4 11.8 16 .6 19.6 14.9 9.5 4.3 4.4 3.7 Men, 16 year s and older ...... . ... . 16 to 24 years ... ........................ 16 to 19 years .. .. ...... .. ... . .. .. 16 to 17 years . ··············· 18 to 19 years ......... ....... .. 20 to 24 years .. ..... ....... ...... .. 25 years and older ........... ... ... 25 to 54 years ...... ............ 55 years and older ............... 5.9 12.8 18.1 21.1 16.4 10.2 4.7 4.8 4.1 6.3 13.4 19.3 20. 7 18.4 10.6 5.0 5.2 4.4 6.4 14.1 19.6 22.1 18.2 11 .7 5.0 5.2 4.2 6.2 13.2 18.7 20.4 17.9 10.8 5.0 5.2 4.0 6.2 13.4 18.3 18.3 18.1 11.2 5.0 5.2 4.1 5.8 12.6 17.4 18.4 16.9 10.4 4.7 4.9 4.0 5.7 12.7 17.5 19.3 16.2 10.5 4.5 4.7 3.6 5.7 12.2 17.2 19.4 15.7 10.0 4.5 4.7 3.7 5.8 12.6 18.3 22.3 15.8 10.1 4.6 4.8 3.8 5.7 12.8 19.1 23 .4 16.5 10.0 4.4 4.5 3. 9 5.8 13.0 19.1 23 .3 16.6 10.3 4.6 4.7 4.1 5.6 12.8 18.1 22.8 15.8 10.4 4.4 4.4 4.3 5.5 12.2 17.7 21.2 15.7 9.7 4.4 4.5 3.8 5.6 12.4 18.0 21 .9 16.0 9.9 4.4 4.5 4.0 5.6 12.9 18.1 20.6 16.8 10.6 4.3 4.4 3.9 Women, 16 years and older .. 16 to 24 years ... . ... .... ...... . ······· 16 to 19 years ..............••.. 16 to 17 years ······· .. . ·.. ... . 18 tO 19 years .... .... . . ... 20 to 24 years .. ·· ····· .... ..... 25 years and older . . .. . .. . . . . . . .. . . • . . 25 to 54 years ..... . .•. . . .......•.. 5.6 11.1 14.9 16.6 13.8 9.1 4.6 4.8 5.7 11.4 15.6 17.5 14.2 9.3 4.6 4.8 5.8 11.4 15.2 16.5 14.1 9 .5 4.7 4.9 5.7 11.3 15.4 20 .1 12.5 9.3 4.7 4.9 5.5 10.7 13.0 16.6 11 .1 9.6 4.6 4.8 5.6 10.7 14.7 18.2 12.2 8.8 4.6 5.0 5.6 11 .3 15.9 17.1 15.2 8.9 4.6 4.8 5.5 11.2 16.0 15.9 15.6 8.9 4.4 4.5 5.6 10.8 14.7 16.9 13.0 8.9 4.6 4.9 5.4 10.3 14.5 17.3 12.6 8.3 4.6 4.7 5.3 11.1 15.3 20.1 12.7 9. 0 4.2 4.4 5.6 11.2 15.6 18.7 12.6 9.0 4.5 4.7 5.6 11.7 17.5 19.4 16.5 8.8 4.5 4.7 5.3 10.7 16.1 19.7 13.6 8.0 4.3 4.4 5.2 10.6 15.2 18.6 12.9 8.3 4.3 4.4 3.6 3.7 3.8 3.4 3.5 3.5 4.1 3.9 3.5 3. 3 3.3 3.8 3.8 3.9 3.5 .. 55 years and older' . ... .. .. ' Data are not seasonally adjusted. NOTE: Beginning in January 2003, data reflect revised population co ntrols used in the household survey. 92 Feb. Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10. Unemolovment raes by Stae, seasondlv cxtiusted State Aug. July Aug. 2003 2004P 2004P State Aug. July Aug. 2003 2004P 2004P Alabama ............. ................... ...... ......... . Alaska ..... .................................................. Arizona ............................ ... .... .... ... ... .... . Arkansas .................................................. . California ............................... ..... .......... . 5.8 8.1 5.7 6.4 6.8 5.7 7.2 4.3 5.6 6.2 6.0 7.6 4.4 5.4 5.9 Missouri Montana ... .............................. ............. ...... Nebraska ................ ...... .. ....... ......... .... ... Nevada ............................. ....................... . New Hampshire .......................... ........... . 5.8 4.8 4.1 5.4 4.3 5.5 4.3 3.4 4.4 3.9 5.5 4.8 3.6 4.0 3.7 Colorado ........................... .... .. .................. Connecticut... ................... .. ............. ..... . . Delaware ........ .. .................. .................... .. . Distri ct of Columbia........ ..................... ... . . Florida .. .. ........ ............ ............ ... .... ............ 6.1 5.6 4.6 7.1 5.2 5.1 4.6 3.9 7.8 4.5 5.1 4.6 3.6 7.5 4.6 New Jersey .. ............................................. New Mexico .............. ................. .... ....... . New York .......... ... ........ ... ................ ........ .. North Carolina .............................. ......... . North Dakota ..... .. ...................... ................ 5.9 6.6 6.4 6.5 4.0 5.0 5.3 5.9 5.1 3.1 4.8 5.4 5.6 5.0 3.3 Georgia .............................. ..... ....... ... ... . Hawaii .................. ..... ................ .. ............. . Idaho ................................ ... ............... . Illinois .. .................................. ..... .. ..... .. .... . Indiana ................ ................ .... ... ... ....... . 4.6 4.5 5.5 6.8 5.3 4.1 3.0 4.9 6.1 5.1 4.2 2.9 5.0 6.1 5.1 Ohio .... .................. .. ....... .......... ... ........ . Oklahoma ................................................ . Oregon .................................. ........ . Pennsylvania ......... ... ............. ................. .. Rhode Island ............. .................. ........ .. . 6.1 5.8 8.4 5.5 5.2 6.0 4.5 6.8 5.3 5.8 6.3 4.1 7.4 5.6 5.5 Iowa .......... ...... .............. .... .. ... .... ........ .. Kansas ............ ..... .. .... ...................... ....... . Kentucky ........ ............. ..... .... ...... ..... .... .. Louisiana ............ ...... ................... ....... .. ... . Maine ....... .................... .. ... .. ... ............. . 4.6 5.4 6.2 6.8 5.2 4.4 4.7 5.3 6.1 4.2 4.5 4.8 5.1 5.0 4.5 South Carolina ...... ... .................... .... ..... . . South.Dakota ............. ................ .. .. .. ...... .. . Tennessee .. ......... ..................... ....... ... .. . Texas .......... ........................ .......... ... .. ...... . Utah ... .. .......................... .............. ...... . . 6.8 3.7 6.0 6.8 5.5 6.0 3.4 4.5 5.7 4.8 6.4 3.2 4.9 5.7 4.7 Maryland .... ................. ............. ...... ...... . Massachusetts ..... ....... ... ... .. .............. ....... . Michigan .............................. ...... ..... ... ... . Minnesota ....... ......................................... . Mississippi ............. .............. ................ . . 4.5 5.9 7.5 5.0 6.1 4.1 5.3 6.8 4.4 5.9 4.3 5.4 6.7 4.8 5.9 Vermont... .. ............................... ...... ..... . Virginia ... .................................... ..... ......... . Washington ........................... .... ... ... .. .. .. . West Virginia ............. .............. .................. Wisconsin .. ......... .. .................. .. . . Wyoming ....................... ..... .. ....... .. .. .......... 4.6 4.1 7.7 6.2 5.7 4.3 3.3 3.5 6.0 5.2 4.7 3.6 3.3 3.6 6.2 5.5 4.8 3.7 P = preliminary 11. Employment of workers on nonfarm payrolls by State, seasonally adjusted State Aug. July Aug. 2003 2004P 2004P State Aug. July Aug 2003 2004P 2004P Alabama......... ............. Alaska......... ................................... Arizona... ..... ... ... .. ............. ....... .... Arkansas........................................ California.................. ........ ... ......... 2.156.597 333.223 2.698.556 12.620.518 1.747.380 2.167,420 344.300 2.762 ,685 1.318,180 17.684.902 2.171 ,032 345.845 2,765,225 1.321 ,281 17.646 .871 Missouri Montana ... ....................... . Nebraska .............. ........ ... ..... .. ... . . Nevada ....................... .. ... .............. New Hampshire .... ... .. ......... ....... . .. 3.019.768 478.342 977,500 1.144.514 723.142 3.056.674 481 .813 989.063 1.187.711 731 .739 3.048.875 483,962 990.212 1.185.851 730 .469 Colorado........................... ............. Connecticut... ......................... .. ... . Delaware.................. ........... .......... District of Columbia............... ........ Florida.... ...... .. ..... ... ..... ........... ... .. .. 2.485.666 1.803.513 417.705 301 ,841 8.192,302 2,517,202 1.793.946 426.819 297.456 8.382.532 2.521 .641 1.788,315 424,091 301,032 8,400,607 New Jersey ......... ...................... .... . New Mexico ... ........... ..... ......... ..... . New York .. ........... .. .. ..................... . North Carolina ........... .. ............... .. . North Dakota ...... ... .. ................... .. .. 4.383.949 900.291 9.296.355 4.249.180 347.368 4,422,455 905.651 9.329.716 4,191 ,547 349.109 4.425.145 910.889 9.308.448 4,183.628 350,563 Georgia ....... ... ...... .. .......... .... ... ... . Hawaii ................ ...................... .. ... . Idaho.......... ... ......... ....... ..... ... . Illinois ............................................ . Indiana ... ....................... ... .... ... ... . 4,433.298 621.967 6 93488 6.336.573 3,195.342 4,423,456 630.939 706.094 6,385,051 3.170,913 4,439,453 630.197 710,466 6,388,300 3.147.244 Ohio .................... .... .. ...... .. .. .... ... . Oklahoma .... ..................... ... ........ .. Oregon ..................... ....... ..... ...... . Pennsylvania ....... ......................... . Rhode Island .. ... .... .. ........... .. .... ... . 5,923.188 1.695.930 1.861 .355 6.153.061 574.263 5.872.882 1.709.172 1,855 ,215 6,263.438 572.605 5.875,960 1.698,816 1.850 .802 6.275.025 568.893 Iowa ............................. ...... ..... ... . Kansas .................... ................... ... . Kentucky .................... ......... .... .... . Louisiana ............ ................ ... .. ...... Maine .. .......... ........ .......... ... ........ . 1.598.880 1,436.277 1.960.213 2.030.838 695,582 1,626,036 1,466.312 1.990,046 2.048,042 697.483 1,632,557 1,471.017 1,982.539 2,032 .997 701.541 South Carolina ..... ...................... .. . South Dakota ........ .. ...... ................ . Tennessee ............................ ... .. . . Texas .... ............. ................. ........... Utah ........ .... .... ............. .... ....... ... . 2.007,596 425.511 2.906,469 10.935,944 1.188,573 2.066,923 425.051 2.920.251 10.953,035 1.208.191 2.068.869 424.034 2.931 .130 10.963.157 1.211,405 Maryland .. .. ..... ..... .. ... ............ ... . . Massachusetts ..... ... ....... ............ ... . Michigan .......... ........................... . Minnesota ........ ........................ ... ... Mississippi. ............................ ...... . 2,906.522 3,407.669 5,037,317 2.926,194 1.316.565 2.951.793 3,415.216 5,046,983 2,953,076 1,328,078 2,948.541 3,412.958 5,052,968 2,969.386 1,325.882 Vermont... ...................... ... ... .... ... . Virginia ......................... ... .............. . Washington .......... ........... ........ .... . West Virginia ..................... ... ......... Wisconsin .......... .. ... ............. ... .. ... . Wyoming ............ .. .......... .. ............. . 350.899 3.778.538 3.142.922 787.602 3,091 .687 279.960 354.165 3,847.041 3.195.787 801,062 3.108.959 279.569 354.281 3,846,077 3.211 .058 803,717 3.115,623 279.926 P = preliminary. NOTE: some data in this table may differ from data published elsewhere because of the continual updating of the data base. Monthly Labor Review November 2004 93 Current Labor Statistics: Labor Force Data 12. Employment of workers on nonfarm payrolls by industry, monthly data seasonally adjusted [In thousands] Industry Annual average TOTAL NONFARM ............... TOTAL PRIVATE...................... GOODS-PRODUCING ................ Natural resources and mh,i,,g ... ... .. . .. ............ ......... ... Logging ······ · · · ··· ·· ..... . . ...... ••.. Mining .. ·························· Oil and gas extraction .. Jan. Feb. Mar. Apr. May Sept.P 131 ,343 131,541 131,680 109.771 21,906 109.912 21 ,939 110.007 21 ,935 587 64.5 522.7 132.0 592 64 .5 527.5 132.2 591 64 .6 526.6 132.7 592 65.0 527 .1 132.9 207.8 207.9 211 .2 209 .2 208 .8 72.9 183.1 73.5 182.8 75.0 184.1 74 .6 184.7 74.4 185.4 Dec. 129,944 130,027 130,035 130,194 130,277 130,630 130,954 131 ,162 131,258 108.384 21 ,674 108.483 21,686 108.491 21,668 108.667 21 ,696 108,738 21,684 109,077 21 ,778 109.382 21 ,822 109.618 21,894 109.730 21 ,891 568 67.4 500.8 123.6 569 67.9 501.5 124.1 571 67.6 503.4 123.9 570 65.9 504.3 124.6 570 65.1 505.1 126.9 572 64.2 508.1 128.9 581 65.9 514.9 130.0 585 66.7 518.5 131 .0 589 65.6 523.2 132 .3 202.7 201 .6 202.1 202.4 202 .0 202.8 69.2 175.6 69.6 175.3 69.5 177.1 69.8 177.7 200.0 69.6 178.2 200.6 70.4 176.8 70.2 178.6 70.6 182.1 205.2 71.8 182.3 Sept. 130,341 129,931 129,856 108,828 22 ,557 108.356 21 ,817 108,3 17 21,697 583 70.4 512.2 121 .9 571 68.5 502.3 122.9 210.6 74.4 179.8 Oct. July Aug.P June Nov. 2003 Minina. exceot oil and aas' .. Coal minina .................. .. .. Support activities for mining .. 2004 2003 2002 Construction ... ........................... 6,716 6,722 6,754 6.754 6,771 6,774 6,8 12 6,791 6,853 6,872 6,909 6,9 11 6,916 6,930 6.945 Construction of buildinas ... .... Heavy and civil enaineerina .... Soeciality trade cont ractors .. Manufacturing ............................ 1,574.8 930.6 4.210.4 15,259 1,575.9 910.7 4.235 .5 14,525 1,577.7 915.2 4,260 .9 14,375 1,579.4 910.8 4,263.7 14,351 1.583.9 918.8 4.268.6 14,344 1,585.1 920.7 4,268.4 14,324 1,593.3 928.0 4,290.2 14,314 1,590.9 924.0 4 ,276.5 14,32 1 1.607.6 926.8 4,318.9 14,344 1,609.8 924.7 4,337.3 14,365 1,622.9 924.3 4,362 .2 14,396 1,625.9 920.9 4,364.6 14,393 1,629.7 920.2 4,365.6 14,398 1,635.5 921 .9 4,378.9 14.4 12 1,645.3 921.0 4,378 .6 14,398 Production workers ... Durable goods......................... 10,766 9,483 10,200 8,970 10.077 8,867 10.058 8,854 10,048 8,874 10,044 8,868 10,035 8,869 10.038 8,882 10,058 8,889 10,085 8,924 10,123 8,946 10.128 8,955 10.141 8,955 10.162 8,986 10.142 8,978 Production workers ... Wood oroducts .. .... .... ... Nonmetallic mineral oroducts Primary metals .. . Fabricated metal oroducts ... Machinerv .. Comouter and electronic 6,529 554.9 516.0 509.4 1,548.5 1.229.5 6.157 536.1 492.6 476.7 1.478.4 1.153.5 6,077 531.8 488 466.3 1.461.1 1,139.4 6.066 533.4 486 .6 463.4 1.461 .3 1,137.0 6,089 536.3 489.7 464.1 1.468.1 1,142.5 6,079 536.6 487.5 464.6 1.471 .2 1.140.4 6,081 536.3 492.7 432.2 1.471.8 1,138.7 6.088 538.4 490.5 462 .2 1.476.6 1,141 .2 6.101 539.7 493.2 462.0 1.478.5 1,145.1 6,126 540.0 497.8 462.5 1.486.7 1.152.0 6,152 543.0 501.4 464.0 1.494.5 1,153.3 6.164 543.8 501.7 465.4 1.497.6 1,156.7 6.167 544.1 502.6 467.0 1,50 1.3 1,160.4 6.195 545.9 501 .6 465.4 1,504.7 1.163 .3 6.181 544.8 502 .0 464.2 1.505.6 1,160.8 oroducts' . . ·· ··· ········· ····· Comoute r and oerioheral equipment ..... ..... ...... .. ...... Communications equipment .. Semiconductors and electronic components ... .. ... Electronic instruments ......... Electrical equipment and appliances ............... Transportation equipment .. Furniture and related products ..... Miscellaneous manufacturing 1,507.2 1,360.9 1,339.2 1,332.8 1,334.4 1,332.2 1,333.2 1,333.9 1,338.0 1,339.7 1,345.8 1,346.2 1,351 .9 1,353.0 1,351 .2 219.1 154.4 217.8 153. 0 219.4 154.8 219.0 154.8 218.6 155.0 218.1 155.1 218.8 155.9 217.7 157.1 217.2 158.2 217 .9 158.5 217.2 157.8 250.0 185.8 225.7 157 .0 221.9 154.1 219.3 1 53.9 524.5 450.0 461.8 429.3 453.3 425.5 449.4 425.1 451 .2 425.2 45 1.3 425.3 450.2 423.7 451.4 423.3 452.1 426.8 453.4 427 .5 455.8 430.1 458.0 429.8 460.7 432.4 460 .2 433 .0 460.0 433.3 496.5 1,828.9 459.9 1,775.4 452 .1 1,765.6 450.8 1,765.5 450.9 1,766.5 451 .2 1,762 .7 449.8 1,760.6 448.6 1,766.5 446.8 1,769.1 446.5 1,768.8 447.3 1,764.4 448.6 1,765.1 449.2 1,745.9 449.6 1,774.4 449.3 1,773.1 604.1 688.3 573.5 662 .8 568.0 655.9 568.2 655.2 568.9 652.7 569.3 65 1.9 57 1.3 652.0 571.2 653.0 573.4 653.0 576.5 653.0 577.6 654.4 575.0 654.6 576.7 655.5 574.6 653.6 574. 1 653.0 Nondurable goods ................... P;oduction workers .. . 5,775 4,239 5,555 4,043 5,508 4,000 5.497 3,992 5.470 3,959 5,456 3,965 5,445 3,954 5, 439 3,950 5.445 3,957 5,441 3,959 5,450 3,971 5.438 3,964 5,443 3,974 5, 426 3,967 5.420 3,961 Food manufacturing ... Beve rages and tobacco products .. Textile mills . ...... .... Textile product mill s .. ...... ... Apparel. . Leather and allied products .... Paper and paper products ... Printing and related suppo rt . ....... activities .. Petroleum and coal products .. . Chemicals ... 1,525.7 1.518.7 1,526.0 1,528.2 1,508.3 1,506.3 1,500.7 1,502.4 1,504.5 1,502.7 1,507.0 1,502.8 1,508.0 1.499.6 1,497.5 207.4 290.9 194.6 359.7 50.2 546.6 200.6 260.3 179.8 312 .7 45.2 519.0 200.2 250.2 173.7 299.8 44 .2 513.8 201 .0 247.0 172.6 299.7 43.7 513.3 198.3 245.1 175.2 297.7 44.1 51 1.7 198.3 241 .0 174.3 297.7 44.3 510.3 197.7 239.2 176.9 296.1 44.6 509.8 195.9 237.3 176.6 297.1 44 .8 508.0 197.2 237.1 179.7 294.3 44.8 508.8 197.8 235.8 180.1 292.7 44.6 507.0 197.5 236.1 181 .4 290.8 45.1 508.1 197.6 235.0 179.7 286.8 44.7 506.7 198.4 235.6 179.3 284.8 45.3 509.0 197 .2 234.4 179.4 284.2 44 .8 509.8 198.7 233.8 180.0 282. 1 45.2 508.5 706.6 118.1 927 .5 680.0 114.6 7.9 676.2 112.9 902 .7 673.3 112.6 899.1 673.1 112.0 897.6 670.1 112.4 895.9 667.6 114.3 893.7 665.0 11 2.9 894.7 664.4 113.1 894.9 663.6 112.6 896.4 665.9 113.1 895.0 667.0 113.8 895.2 663.8 113.6 894.2 662 .2 11 4.1 891 .9 659.5 114.1 891 .5 848.0 815.9 808.4 806.3 806.5 805.8 804.8 803.9 806.3 807 .5 810.2 808.6 811.2 808.8 809.0 SERVICE-PROVIDING .................. 107,784 108,11 4 108,159 108,270 108,341 108,367 108.498 108,593 108,852 109,132 109,268 109,367 109,437 109,602 109.745 PAIVA TE SERVICEPROVIDING ...... ....... ...... ... ... 86,271 86,538 ' 86,620 86,710 86,797 86,823 86,971 87,054 87,299 87,560 87,724 87,839 87,865 87 ,973 88,072 25.497 5,652 .3 3,007 .9 2,015.0 25,275 5,605.0 2,949.2 2,002 .1 25,252 5,585.1 2,932 .1 1,995.9 25,272 5,581 .6 2,932.0 1,992.4 25,261 5,592.7 2,943.9 1,989.2 25,2 11 5,598.4 2,945.8 1,991 .8 25,312 5,6 11 .4 2,954.9 1,993.7 25,331 5,612.2 2,953.8 1,994.5 25,415 5,623.5 2,963 .4 1,995.3 25.448 5,632.5 2, 967.5 1,996.3 25,477 5,636.7 2,969.7 1,997.2 25,497 5,639.5 2,975.6 1,994.3 25,499 5,649.6 2,986.0 1,994.3 25,516 5,652 .8 2,989.6 1,992 .1 25,530 5,662.9 2,992 .9 1,992 .5 654.3 6657.1 660.8 662.8 663.9 664.8 668.7 669.8 669.6 671 .5 670.7 674.0 15,047.6 15.054 .9 15,038.1 15,048.8 15.043. 1 1,908.1 1,259.2 1,904.9 1,256.8 1,904.9 1,253.3 546.4 548.7 548.5 510.7 511 .6 5 12.7 Plastics and rubber products .. Trade , transportation, and utilities............. ........... ....... Wholesale trade .............. ......... Durable goods .. Nondu rable goods . . . . . . . . . . . . . . Electronic markets and agents and brokers .. 629.4 Retail trade ............................. .. 15,025. 1 Motor vehicles and parts dealers' ................... Automobile dealers ....... ... Furniture and home furnishings stores ......... Electronics and appliance stores ... ... ... .................. 657.2 659.6 14.911 .5 14,926.8 14,948.1 14,921.7 14,963.0 15.013.0 15,0371 1,879.4 1,252 .8 1,883.5 1,255.1 1,889.8 1,259.7 1,889.7 1,259.6 1,892.9 1,258.9 1,893.7 1,259.5 1,895.4 1,26 1.3 1,900.9 1,262.9 1,906.9 1,263.9 1,910.9 1,264.7 1,911.4 1,263.6 538.7 542.9 539.7 540.2 544.8 547.2 546.4 544.5 544.8 544.5 545.7 525.3 511 .9 506.7 506.5 512.8 511.9 509.3 508.2 511 .7 514.1 512 .6 See notes at end of table . Monthly Labor Review 94 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 14 ,876.0 14,944.8 November 2004 1,908.5 1,262.3 ''''.I 511 .5 12. Continued-Employment of workers on nonfarm payrolls by industry, monthly data seasonally adjusted [In thousands] Industry Building material and garden supply stores ... Food and beverage stores .. ... . Health and personal care stores .. .. .. ........ .... .. . .... . Gasoline stations ... .. .. Clothing and clothing accessories stores . Sporting goods, hobby, book, and music stores .. General merchandise stores1. Department stores .. ... Miscellaneous store retailers .. Nonstore retailers .. Transportati on and warehousing .......................... Air transportation ...... . .. . .. Rail transportation .. Water transportation .. Truck transportation .. Transit and ground passenger transportation .. Pipeline transportation .. Scenic and sightseeing transportation ... Support activities for transportation .. Couriers and messengers .. Warehousing and storage Utilities ............... ............... ...... Information .......... .. ... ...... .... ... Publishing industries, except Internet. . Motion picture and sound recording industries .. Broadcasting, except Internet.. Internet publishing and broadcasting . ... .... . ······ ·· ·· Telecommunications .... ........ ISPs, search portals, and data processing .. Other information services .. Financial activities .. Finance and insurance .. . Monetary authorities--ce ntral bank .. 2003 Annual average 2004 2002 2003 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July 1,176.5 2,88 1.6 1,191.1 2,840.9 1,203.4 2,829.4 1,204.0 2,838.7 1,210.0 2,821.4 1,209.5 2,813.9 1,221.4 2,826.3 1,231.4 2,831 .3 1,243.5 2,838.9 1,247 .3 2,839.9 1,248.7 2,845.3 1,245.8 2,839.7 1,246.9 2,834.5 1,251.7 2,832 .9 1,256 .2 2,834 .0 938.8 895.9 943.1 879.9 943.1 877.9 948.3 873.8 951.6 875.2 952.6 871.1 954.1 875 .. 1 954.9 871 .8 958.2 873.0 957 .9 872.4 957 .1 871.6 957.2 870.3 956.7 869.9 956.4 870.3 956.6 873.5 1,312.5 1,296.7 1,295.6 1,302.6 1,297.1 1,301.0 1,304.3 1,311.3 1,321.8 1,328.0 1,335.5 1,346.5 1,349.0 1,355.2 1,350.3 661 .3 2,812 .0 1,684.0 959.5 443.7 645.0 2,815.2 1,618.8 934.1 427.5 642 .8 2,839.9 1,623.7 931 .7 426 .8 642 .0 2,842.9 1,623.5 933.5 425.9 641.6 2,826.4 1,612.6 930.9 417 .3 633.2 2,793.4 1,601 .3 924.4 424.1 635.9 2,822.7 1,603.4 929.6 424.3 636.8 2,822.5 1,602.7 924.6 424 .8 636.5 2,824.4 1,604.9 926.9 427 .4 635.8 2,831 .0 16.7 927.9 429 .8 636.1 2,830.5 1,610.9 925.7 427 .4 635.7 2837.4 1,614.9 928.4 427.6 635.5 2825.3 1,609.9 926.2 428.9 638.4 2832.8 1,607.9 927.1 427 .8 638.1 2814.6 1,600.5 924.6 429 .1 4,223.6 563.5 217.8 52.6 1,339.3 4,176.7 527 .3 215.4 52.5 1,328.0 4.160.8 511 .8 215.6 51.5 1,328.7 4,162 .9 506.1 2 15.2 52.5 1,329.3 4,168.0 511 .5 215.5 50.9 1,335.7 4.157.0 512.9 2 15.5 50.0 1,338.7 4,175.9 510.2 215.4 50.6 1,343.6 4,175.8 511 .6 215.7 48.8 1,344.1 4,197.0 512 .9 216.0 49.2 1,346.4 4,196 .5 513.3 216.3 50.6 1,352.2 4,209.9 5 14.7 2 16.4 51.1 1,353.9 4220.9 513.8 217.3 51.7 1,353.9 4228.3 512.4 217.8 51 .7 1,361 .9 4232 .5 511 .8 217.4 50.3 1,363.7 4240.3 512 .3 217.9 50.3 1,368.7 380.8 41 .7 380.3 40.0 380.7 39.3 389.2 39.0 385.7 38.7 385.0 38.8 382.3 38.3 380.1 38.2 380.5 38.1 372 .3 38.1 381.5 38.3 374.6 38.4 374.2 38.5 374.5 38.5 374 .7 38.6 25.6 28.0 28.9 29.0 28.7 29.4 28.7 29 .7 31 .4 31.1 30.6 32.6 32.6 32.7 32 .9 524.7 560.9 516.7 596.2 3,395 516.3 566.6 522.3 580.8 3,198 515.4 566.5 522 .4 578 .9 3,175 514 .3 565.0 522 .6 579.2 511.6 559.0 516.1 579.3 3,175 514.1 566.9 525.8 580.2 3,163 515.5 567.7 524.4 580.0 3,169 518.5 572.1 531.9 58 1.2 3,169 519 .1 570.9 532 .6 582 .1 3,173 5 19.5 572.8 531. 1 582.3 3,177 520.8 578.2 534.0 581.7 3,182 523.7 579.2 536.3 582.6 3,173 525.1 580.4 538.1 3,166 512.4 564 .7 524.2 578 .9 3, 172 525 .3 581.1 538.5 583 .3 3,158 964.1 926.4 919.3 918.0 918.4 917.4 914.0 915.1 915.3 916.3 916.2 916.6 914.7 914.3 914.3 387.9 334 .1 376.1 327.0 375.4 327 .6 373.4 326.0 382.7 327 .0 385.2 329.5 379.7 329.7 382 .7 331 .8 381 .2 333.0 385.7 333.3 390.8 335.4 394.9 335.5 391.0 336.4 388.0 336.6 388.7 336.9 33.7 1,186.5 30.0 1,082.6 30 .1 1,069.4 29.9 1,065.2 30.4 1.062.2 30.4 1,061 .2 30.8 1,061 .3 31 .9 1,058.2 31 .9 1,055.0 32 .5 1,051 .9 32.5 1,047 .3 33.6 1,044.8 33.6 1,042.3 34.2 1,037.5 34.6 1,027.9 441 .0 47 .3 407.5 48.1 405.4 48 .0 404 .8 48.3 402.6 48.2 402.6 48.2 400.1 47.8 401.1 48.0 403.7 48.6 404 .0 49.6 405.1 49.6 406.5 50 .0 404.9 49.8 404.3 50.0 404 .7 49.7 7,847 5.817.3 7,974 5,920.5 8,004 5,945.6 7.990 5,930.2 7,985 5,922.7 7,981 5,916 .5 7,981 5,9 17.1 7,989 5,924.7 8,003 5,933.0 8,015 5.947 .7 8,029 5,946.0 8.049 5,960.4 8,044 5,951 .9 8,077 5,962.4 8,094 5,973 .6 23.4 22.7 22.6 22.5 22.5 22 .5 22.4 22.4 22.3 22 .3 2 1.8 21 .9 21.8 21 .8 21.8 2,686.0 2,785.6 2,808 .1 2,801 .0 2,790 .3 2,783.3 2,785.3 2,787.2 2,793.8 2,802.1 2,800.8 2,809.9 2,804.1 2,807.3 2,815.4 1,733.0 1.278.1 1,752. 1 1.281.1 1,757.9 1.283 .6 1,760.1 1,284.4 1,758.1 1,280.5 1,757.1 1,278.9 1,758.7 1.280.4 1,762.6 1.283.5 1,762.8 1.284.1 1,765 .0 1,285.0 1,765.2 1,284.2 1,768.8 1.285.9 1,766.9 1.284.0 1,768.3 1.283.0 1,772.4 1.287.3 789.4 764.4 761 .7 762.0 769.1 771 .9 773.8 778.2 780.8 781.0 782.8 787.2 787.8 791 .6 793.0 2,233.2 2,266.1 2,271 .9 2,264.7 2,261.2 2,258.1 2,255.8 2,257.4 2,257.1 2,259.5 2,262.7 2,263.8 2,260.2 2,263.9 2,265.8 85.4 81.7 81 .3 80.0 79.6 80.7 79.8 79.5 79 .0 78.8 77 .9 77.6 78.0 77.8 77.6 2,029.8 1,352.9 649.1 2,053.6 1,384.4 640.8 2, 057 .9 1,388.8 639 .8 2,060.2 1,390.6 639.9 2,062.7 1,394.5 639.0 2, 064.0 1,395.7 638.3 2,063.6 1,397.7 636.0 2,064.5 1,400.2 634.2 2,069.5 1,405.8 634.1 2,07 1.6 1,409.2 633.2 2,083.1 1,418.7 635 .4 2, 088.1 1,418.8 640.5 2,092.0 1,422.1 641.4 2,090.6 1.424.1 638.0 2,193.1 1,431 .1 643.7 27.6 28.4 29 .3 29.7 29.2 30.0 29.9 30.1 29.6 29.2 29.0 28.8 28.5 28.5 28 .3 15,976 15,999 16,051 16,070 16,114 16,159 16,172 16,196 16,237 16,363 16,432 16.457 16.490 16,518 16.562 6,675.6 1,115.3 6,623.5 1,136.8 6,606.3 1.136.6 6,624.1 1,140.4 6,647.9 1,142.9 6,669.3 1,140.5 6,657 .9 1,138.7 6,658.1 1,139.2 6,679.8 1, 138.4 6,701 .4 1, 141 .9 6,708.1 1,143.3 6,732.6 1.146.3 6,739.9 1,1 48.2 6,762.0 1,146.2 6,788.5 1,149.3 837 .3 815.6 802 .5 801 .5 810.6 826.6 815.2 813.3 812.8 818.5 806.3 811.6 811.9 815.3 817.7 1,246.1 1,228.0 1,230.1 1,230.9 1,233.9 1,235.2 1,230.9 1,240.0 1,246.4 1,254.1 1.258.3 1,261.9 1,264.4 1,269.3 1,274.4 Aug.P Sept.P 582 .0 3,166 Credit intermediation and related activrties' .. Deoositorv credit intermediation ' .. Commercial bankina ...... .... Secu rities, commodity contracts, investments .. Insurance carriers and related activities .... ...... Funds, trusts, and other financial vehicles .. Real estate and rental and leasing .. Real estate .. Rental and leasing services .. Lessors of nonfinancial intangible assets .. ... .. ......... Professional and busi ness services .. .... .... ........ ........ ..... Professional and technical services ' ····· ····" ···· ... Legal services .. Accounting and bookkeeping services .. Architectural and engineering services .. See notes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 95 Current Labor Statistics: Labor Forc e Data 12. Continued-Employment of workers on nonfarm payrolls by industry, monthly data seasonally adjusted [In thousands] Industry Annual average 2003 2004 2002 2003 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July 1.152.8 1,108.3 1,103.3 1,107.0 1,105.7 1.105.7 1.104.6 1,099.8 1,103.5 1,103.5 1,110.1 1,117.7 1,120.5 1,129.7 1,136.4 792 .2 794.3 795.9 Computer systems design and related services .. Management and technical consulting services .. Management of compani es and enterprises .. Administrative and waste Aug.P Sept.P 734 .4 747 .3 749.3 755.6 760.6 764.0 765.4 767.9 774.0 780.9 785.9 791.4 1,705.4 1,675.5 1,671 .7 1,669.1 1,671 .6 1,670.2 1,675.1 1,675.6 1,676.6 1,679.7 1,683.3 1,684.5 1,685.9 1,682.5 1,677.2 7,595.2 7,698.3 7,773. 1 7, 776.3 7,794.5 7,819.2 7,838.5 7,862.4 7,880.1 7,982.3 8,040.1 8,040.0 8,064.3 8,073.0 8,096. 1 Adm inistrative and suooort services' .. 7,276.8 73,764.0 7,451 .6 7,456.0 7,473.7 7,496.3 7,517.5 7,539.6 7,556.8 7,657.0 7,715.6 7,713.0 7,738.1 7,746.6 7,770.2 Employment se rvices 1 .• 3,246.5 3,336.2 3,389.1 3,402. 0 3,427 .6 3,461 .3 3,473.8 3,493.8 3,492 .3 3,553.7 3,591 .5 3,573.4 3,606.8 3,607.8 3,641 .1 2.193.7 756.6 2.243.2 747.4 2.287.2 753.2 2.291.7 753.2 2.319.4 746.7 2.355.3 745.1 2.344.3 739.0 2.370.4 739.8 2.380.3 746.0 2.423.8 748.6 2.451 .7 751 .2 2.449.4 754.0 2.460.2 749.9 2.474.7 751 .5 2.508.2 745.7 1.606.1 1.631 .7 1.645.2 1.639.6 1.639.4 1.635.9 1.637.1 1.639.5 1.646.2 1.674.5 1.686.0 1.694.1 1.691.5 1.691 .6 1.690.4 318.3 321 .9 321 .5 320.3 320.8 322.9 321 322 .8 323.3 325.3 324.5 327 326.2 326.4 325.9 16,199 2,642.8 16,577 2,688.5 16,672 2,689.1 16,678 2,707 .7 16,705 2,723.1 16,731 2,728.0 16,746 2,729.3 16,764 2,727.4 16,813 2,736.0 16,854 2,740.8 16,871 2,731 .1 16,897 2,727.4 16,901 2,73 1.2 16,965 2,746.4 16,984 1,756.4 13,555.7 13,888.0 13,933.3 13,970.0 13,981 .5 14,003.2 14,017.1 14,036.8 14,077.1 14,113.1 14,140.1 14,169.8 14,169.3 14,218.3 14,227.9 4,633.2 1,967.8 413.0 679.8 4,776.0 2,003.8 423.1 727 .1 4,792.8 2, 008.2 422.9 732.8 4,812 .8 2,018.5 423.3 737 .7 4,818.7 2,023.3 426.4 735.7 4,831 .0 2,030.0 425.0 739.9 4,840.3 2,032.3 427.8 740.2 4,855.3 2,034.4 431 .1 741 .5 4,868.0 2,043.5 430.3 743.8 4,920.8 2,057.5 437.6 756.8 4,935.1 2,062 .1 438.0 760.1 4,939.3 2,068.5 437. 0 760.7 4,1 59. 6 4,252 .5 4, 264.4 4,268.9 4,278.1 4,283.9 4,287.8 4,284.1 4,298.0 4,305.1 4,315.4 4,318.3 4,322.0 4,330.5 4,332 .0 2,743.3 2,784 .3 2,789.3 2,794.2 2,792.8 2,793.0 2,792.1 2,791.1 2,798.4 2,802.8 2,806.3 2,809.0 2,812.0 2,814.0 2,819.5 Nursina care facilities .. 1.573.2 2,0 19.7 Social assistance 1 •. ••• •• ······ ·· Child day care services .. ...... 744.1 Leisure and hospitality ....... .... 11 ,986 Arts, entertainment, and recreation . . . . . . . . . . . . . . . . 1,782.6 Performing arts and spectator sports .. . . .. .. 363.7 Museums, historical sites, zoos, and parks .. 114.0 Amu sements, gambling, and recreation . .......... .. ........ 1,305.0 Accommodations and food services .. 10,203.2 Accom modat ions .... .... .. · ·· ·· 1,778.6 Food services and drinking places .. 8,424.6 Other services .... ............... ..... 5,372 Repair and maintenance ....... . 1,246.9 Personal and laundry services 1,257.2 Membership associations and organizations .. 2,867 .8 Government. ............................... 21,513 Federal. ... 2,767 Federal, except U.S. Postal Service ... ... 1,923.8 U.S. Postal Service ........ 842.4 State ····· ····· ···· ·· ············ ···· 5,029 Education . ............ ......... 2,242.8 Other State government.. 2,786.3 Local. . 13,718 Education ... .... ... .. .. .. ... ... .... ... 7, 654.4 Other local government ...... ... 6,063.2 1.582. 8 2,075.2 760 .5 12, 128 1. 583.1 2,086.8 1.585.2 2,094 .1 1.584.1 2,091 .9 1.58 1.7 2,095.3 1.580.3 2,096.9 1.578.7 2, 106.3 1.582.1 2,112.7 1.584 .0 2,121 .6 1.585.3 2,12 1.6 1.586.5 2,132 .9 1.586.7 2,114.5 1.586.3 2,138. 7 1.586.2 2,137. 1 765.8 12, 126 771.6 12,147 766.3 12,1 78 770 12,192 766.3 12,2 18 772.2 12,229 773.7 12,271 777 .6 12,303 777.1 12,331 786 12,339 752.1 12,344 792.7 12,341 782.8 12,351 1,801.0 1,794.4 1,796.9 1,799.4 1,795.2 1,801 .4 1,796.7 1,798.7 1,791.1 1,793.1 1,792.0 1,791 .9 1,785.6 1,792.7 370.2 372.0 369.6 371 .7 368.8 369.4 366.5 364.6 361.4 358.8 359.3 357.1 356.0 363.2 114.1 113.4 114.2 113.3 113.1 113.4 113.7 114.2 114.6 115.6 116.1 116.6 116.7 11 6. 3 1,316.6 1,309.0 1,3 13.1 1,314.4 1,313.3 1,318.6 1,316.5 1,319.9 1,315 .1 1,3 18.7 1,316.6 1,318.2 1,312.9 1,313.2 10.33 1.7 10,350.4 1,739.1 1,733.7 10,378.9 10,396.3 10,416.5 10,432.3 10,742.0 10,551 .7 10,555.6 10,558.1 1,763.0 1,752.1 1,754.4 1,753.4 10,511.8 105,837.9 1,758.5 1,758.5 10,546.7 1,751 .7 1,764.7 1,764.4 1,767.9 1,765.3 services .. Temoorarv helo services .... Business suooort services .... Services to buildinas and dwellinas ........ ........ .. Waste man agement and remediation services .. Educational and health ........... services . .. ... . . Educational services . ... ... .... .. Health care and social assistance .. Ambulatorv health care services' ... .... .... ....... Offices of physician s .. Outpatient care centers .. .... Home health care services .. Hospitals .. 4,883.6 2,046.1 432 .2 748.4 4,896.8 2,049.6 435.1 751.7 4,909.6 2,053.9 436.0 754.2 Nursina and residential r.:1rA f;:1r.ilitiA!=:. 1 1 10,324.4 1,765.2 8.559.2 5,393 1,236.2 1,258.2 8,592.6 5,390 1,240.4 1,252.7 8,616.7 5,387 1,237.6 1,254.6 8,627 .2 5,382 1,234.4 1,254.1 8,633.3 5,37 4 1,228.5 1,250.2 8,664.4 5,379 1,233.5 1,251 .2 8,677.9 5,376 1,230.5 1,247.6 8,718.6 5,39 1 1,239.4 1,255.9 8,753 .3 5,404 1,238 .2 1,260.5 8.779.4 5,407 1,237.7 1,265.5 8,782 .0 5,418 1,235.1 1,268.4 8,787.7 5,414 1,236.3 1,262.1 8,787.7 5,414 1,235.2 1,259.9 8,792 .8 5,410 1,236.8 1,254.1 2,898.0 2,896.5 2,895.2 2,893.9 2,895.7 2,894.5 2,898.3 2,895.2 2,904.8 2,903.7 2,914.9 2,915.9 2,919.1 5,919.2 21,575 2,756 21,539 2,747 21, 560 2,736 21,544 2,723 21 ,544 2,720 21 ,527 2,715 21,539 2,716 21 ,553 2,710 21,572 2,727 21,544 2,712 21 ,528 2,716 21,572 2,710 21 ,629 2,712 21,673 2,710 1,947.0 809.1 5,017 2,266.4 2,750.7 13,802 7,699.1 6,104.0 1,942.1 804 .8 5, 019 2,278.8 2,740.4 13,773 7,673.9 6,099.3 1,932.9 803.3 5, 031 2,290.4 2,740.4 13,793 7,687.0 6,105.9 1,924.9 798.1 5,023 2,282.5 2,740.0 13, 798 7,684.5 6,113.1 1,928.9 791.4 5,027 2,285.7 2,740.9 13.797 7,687.1 6,109.7 1,921 .5 793.1 5, 007 2,268.0 2,738.9 13,805 7,692.2 6,112.7 1,923.8 791 .7 5,018 2,279.6 2,738.4 13,805 7,694 .3 6,110.8 1,921 .1 789. 1 5,023 2,283.2 2,739.7 13,820 7,704.7 6,114.8 1,939.5 787 .3 5,019 2,278.3 2,740.6 13,826 7,710.9 6,1 15.4 1,925.7 786.5 5,004 2,261 .4 2,742.8 13,828 7,710.2 6,117.9 1,930.5 785.4 5,004 2,257.8 2,746.1 13,808 7,695.1 6,113.3 1,922.5 787.2 5,019 2,271 .1 2,747.8 13,843 7,715.7 6,11 6. 8 1,926.3 785.3 5,035 2,285.2 2,749.4 13,882 7,758.4 6,123.2 1,926.3 784.0 5,052 2,302.3 1,749.2 13,9 11 7,778.2 6,132.7 Includes other industries not shown separately. p - preliminary. 96 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Classification System (NAICS). replacing the Standard Industrial Classification (SIC) system . NAICS-based data by industry are not comparable wit h sic-based data. See "Notes on the NOTE: Data reflect the conversion to th e 2002 version of th e Nort h American indu stry November 2004 dat a" for a description of th e most recent benchm ark revision. 13. Average weekly hours of production or nonsupervisory workers 1 on private nonfarm payrolls, by industry, monthly data seasonally adjusted Industry 2003 Annual average 2002 2003 Sept. 2004 Jan. Feb. Mar. 33.8 33.8 Nov. Dec. 33.7 33.8 33.6 39.9 40.2 40.3 40.2 40.0 40.3 40.0 40.1 40.1 40.1 44.5 44.1 44.2 44.3 44.2 43.9 44.1 44.4 44.6 Oct. Apr. May June July 33.8 33.6 33.8 Aug.P Sept.P TOTAL PRIVATE ... .... ... ........ ... ..... . .. 33.9 33.7 GOODS-PRODUCING ...... ...... ............ .. 39.9 39.8 39.8 39.9 40.1 Natural resources and mining ...... ...... 43.2 43.6 43.6 43.7 43.9 43.6 Construction .................................... 38.4 38.4 38.4 38.4 38.5 38.1 38.5 38.5 38.6 38.2 38.3 38.1 38.4 38.1 38.3 Manufacturing .................................... Overtime hours ..................... ........ .... 40.5 4.2 40.4 4.2 40.4 4.2 40.5 4.3 40.8 4.5 40 .6 4.5 41 .0 4.5 41.0 4.6 40.9 4.6 40.7 4.5 41 .1 4.6 40.8 4.6 40.9 4.6 40.9 4.6 40.8 4.6 Durable goods ........ ... .. .... ... ..... ......... Overtime hours .......... ... .................... Wood products ............ .... ..... ........... ... Nonmetallic mineral products ..... ...... .. Primary metals ......... .. ... ... ..... .. ........ .. .. Fabricated metal products .................. Machinery .. ......... ....................... .. Computer and electronic products ..... Electrical equipment and appliances .. Transportation equipment... ... ............. Furniture and related products .... .... .. Miscellaneous manufacturing ............. 40.8 4.2 39.9 42.0 42 .4 40.6 40 .5 39.7 40.1 42.5 39.2 38.6 40.8 4.3 40.4 42 .2 42 .3 40.7 40.8 40.4 40.6 41.9 38.9 38.4 40.8 4.3 40.4 41 .9 42.2 40.7 41 .0 40 .6 40.6 42.0 39.1 38.3 40.9 4.4 40.6 42.1 42.3 40.8 40.9 40.7 40.9 41.9 39.1 38.3 41 .3 4.7 41 .2 42.4 42.7 40.9 41 .1 40.7 40.8 42.7 39.9 38.9 41 .2 4.7 41.0 42.3 42.7 40.8 41 .1 40.4 40.7 42.7 39.7 38.5 41 .5 4.7 40.9 42.5 43.1 41.2 41.8 40.8 41 .1 42.8 39.7 39.0 41.5 4.8 41 .1 42.5 43.0 41 .2 41.8 41.2 40.7 42.9 39.4 38.7 41 .4 4.8 41 .0 42.9 43.2 41.1 41 .7 40.7 40 .8 42.8 39.6 38.7 41 .2 4.7 41 .0 42.3 43.1 41 .0 41 .6 40.5 40 .8 42.4 39.5 38.3 41.6 4.8 41 .4 42.0 43.4 41 .3 42.3 40.8 41 .6 42.8 40.0 38.9 41 .2 4.7 40.5 41 .8 43.5 41.0 42.0 40.5 40.8 42.3 39.7 38.4 41 .3 4.7 40.7 42.1 43.3 41 .2 42.0 40.9 40.8 42 .4 39.4 38.5 41.3 4.7 40.9 42.3 43.3 41.2 42.1 40.5 41 .0 42.5 39.5 38.5 41 .3 4.7 40.4 42.4 43.1 41.2 42.3 40.4 40.7 42.4 39.3 38.3 Nondurable goods ................................ Overtime hours ....... .......................... Food manufacturing ............................ Beverage and tobacco products ......... Textile mills ............................. ..... Textile product mills .. ........ ....... ... ... Apparel .. ......................... .................... Leather and allied products .. .............. Paper and paper products ....... ..... ... Printing and related support activities .............. .............................. Petroleum and coal products .... .. ... .. . Chemicals .... ....... ....... ..... ........ .... . Plastics and rubber products .. .. ... .. ... 40.1 4.2 39.6 39.4 40.6 39.2 36.7 37.5 41 .8 39.8 4.1 39.3 39.1 39.1 39.6 35.6 39.3 42.1 39.8 4.1 39.3 39.1 39.0 40.7 35. 1 38.4 41 .2 39.9 4.1 39.3 38.8 39.1 40.4 35.8 38.9 41 .5 40.1 4.3 39.2 39.9 40.0 40.0 36.2 39.3 41 .. 9 39.9 4.2 39.1 39.1 39.7 39.8 35.8 40.3 41.8 40.2 4.3 39.5 39.6 40.0 39.4 35.7 39.8 41 .9 40.3 4.3 39.4 40.3 40.0 39.9 36.2 39.5 42.0 40.1 4.3 39.3 39.4 40 .2 38.8 36.3 39.4 41.8 40 .0 4.3 39.1 39.6 39.5 38.3 35.9 39.1 41 .9 40.3 4.4 39.6 39.2 40.3 38.8 36.1 38.4 42.6 40.1 4.4 39.4 38.7 40.3 38.9 35.9 38.0 42.0 40.1 4.4 39.3 39.2 40.5 38.5 36.1 37.2 42.4 40.2 4.4 39.3 39.5 40.5 38.7 36.1 37.8 42.5 40 .1 4.4 39.5 39.1 40.2 38.9 36.1 37.8 42.2 38.4 43.0 42.3 40 .6 38.2 44.5 42.4 40 .4 38.2 44.2 42.2 40.5 38.5 44.9 42 .0 40 .6 38.4 45.6 42.7 40 .7 38.2 44.2 42.5 40 .4 38.6 43.8 42.9 40.8 38.6 44.1 43.2 40.9 38.4 43.7 43.0 40.9 38.4 43.9 43.0 40.7 38.6 45.0 42.9 40.9 38.5 45.0 42.6 40.8 38.6 45.0 42.8 40.5 38.5 46.3 42.7 40.5 38.2 45.9 42.7 40.2 32.5 32.4 32.3 32.3 32.4 32.2 32.4 32.4 32.4 32.3 32.4 32.3 32.4 32.4 32.5 33.6 38.0 30.9 36.8 40.9 36.5 33.5 37.8 30.9 36.9 41 .1 36.2 33.5 37.8 30.9 36.9 40.4 36.1 33.6 38.0 30.9 37.1 41 .0 36.1 33.6 38.0 30.9 37.0 41.4 33.5 37.8 30.8 36.7 40.8 36.2 33.7 38.0 30.9 37.2 41 .0 36.3 35.6 35.5 35.4 35.5 33.6 37.9 31.0 36.9 40.8 36.2 35.7 35.5 33.6 38.0 30.8 36.9 41 .2 36.3 35.5 33.5 38.0 30.7 36.9 41.2 36.3 35.6 33.5 37.8 30.7 37.3 41.3 36.4 35.8 33.3 37.6 30.5 36.9 41 .1 36.5 35.5 33.4 37.8 30.6 37.1 41.0 36.4 35.6 33.5 37.6 30.7 37.2 40.9 36.4 35.5 33.6 37.8 30.8 37.3 41 .4 36.3 35.5 34.2 32.4 25.8 34.1 32.3 25.6 33.9 34.0 32 .3 25.6 34.1 32.4 33.8 32 .4 25.6 34.2 32.4 25.8 34.1 32.4 25.7 34.1 32.4 25.7 34.2 32.5 25.7 32.5 25.7 34.2 32.6 25.6 34.2 25.7 34.1 32.4 25.7 33.9 32.3 25.5 32.5 25.5 34.5 32.5 25.5 32.0 31 .4 31 .2 31 .3 31.2 31 .0 31 .1 31.1 31.2 31 .1 31 .2 31.0 31.1 31.1 31 .1 PRIVATE SERVICEPROVIDING ......... ......... ........ ........ Trade, transportation, and utilities............. ... ... ... ... ..................... Vvnolesale trade .......... ..... .. ....... ........ Retail trade .................. .... .... .... .... .. Transportation and warehousing ...... .. Utilities .... ....... .... .. .. .... .... .... ....... .... Information ....................................... Financial activities ............ ... ......... .... Professional and business services... ........ ....... ... .... .. ............ .. Education and health services ...... ...... Leisure and hospitality ........... .. ..... ... . Other services............ .......................... 1 33.6 Data relate to production workers in natural resources and mining and manu- 36.3 35.5 35.3 33.8 33.7 33.7 33.8 NOTE: Data reflect the conversion to the 2002 version of the North American facturing , construction workers in construction. and nonsupervisory workers in the Industry Classification System (NAICS), replacing the Standard industrial Classification service-providing industries. (SIC) system. NAICS-based data by industry are not comparable with SIC-based data. See "Notes on the data" for a description of the most recent benchmark revision . p • preliminary. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 97 Current Labor Statistics: Labor Force Data 14. Average hourly earnings of production or nonsupervisory workers 1 on private nonfarm payrolls, by Industry, monthly data seasonally adjusted 2003 Annual average Industry 2004 2002 2003 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July TOTAL PRIVATE Current dollars . ....... ..... ............ Constant (1982) dollars . ..... ... . .... $14.95 8.24 $15.35 $15.41 $15.43 $15.46 $15.45 $15.49 $15.52 $15.71 $15.76 8.28 8.23 8.30 8.27 8.27 8.25 $15.63 8.21 $15.66 8.25 $15.55 8.24 $15.59 8.27 8.20 8.23 8.26 8.25 GOODS-PRODUCING ........... .................. 16.33 16.80 16.91 16.90 16.94 16.97 17.00 17.06 17.08 17.13 17.13 17.16 17.19 17.24 17.50 Natural resources and mining ............. Construction ................................. ....... .. 17.19 17.58 17.66 17.72 18.10 18.24 18.15 18.12 18.05 19.18 19.17 19.20 19.20 19.19 19.22 19.25 19.28 Manufacturing ..................... .................. 15.29 15.74 19.06 15.83 17.95 19.11 18.08 19.05 15.84 17.91 19.04 18.10 18.95 17.79 19.06 18.01 18.52 Excluding overtime ................ ... .. .... Durable goods .. .... ....... ... .. .. ... ... .. ... 14.54 14.96 16.02 16.46 15.06 16.57 15.03 16.54 Nondurable goods .... . .. . .. . ... .. .... ..... 14.15 14.63 14.70 14.56 14.96 15.01 Aug.P Sept.P $15.78 15.89 15.93 15.94 15.99 16.01 16.08 16.08 16.13 16.16 16.23 16.30 15.06 15.09 15.11 15.14 15.16 15.24 15.23 15.27 15.37 15.43 16.64 16.63 16.68 16.69 16.75 16.75 16.78 16.90 16.99 14.72 16.58 14.79 15.30 16.81 14.81 14.85 14.89 14.93 15.00 15.02 15.08 15.12 15.15 15.19 15.03 15.06 15.05 15.08 15.10 15.13 15.17 15.23 15.26 15.31 15.36 15.38 PRIVATE SERVICEPROVIDING ............................... ......... Trade,transportatlon, and utilities ........... . ..... . ...... ... .... ........ . 14.02 14.34 14.38 14.41 14.44 14.41 14.45 14.49 14.50 14.57 14.61 14.65 14.70 14.73 14.75 Wholesale trade ......... .. ........ ............... Retail trade .............. ........... ..... ............ 16.98 11 .67 17.36 11.90 17.44 17.47 17.47 17.54 11 .99 17.67 12.10 17.76 11 .98 17.63 12.06 17.70 11 .97 17.60 12.01 17.71 11 .95 17.53 11 .95 17.54 11 .94 17.46 11 .95 12.12 12.16 12.16 Transportation and warehousing .. .... Utilities .. ... .. ... ... . ..... ... ..... ..... ... .... . Information ................. ......... .................. 15.76 16.25 16.31 16.32 16.35 16.46 16.52 16.53 16.71 16.75 16.82 16.89 16.99 16.95 23.96 24.76 24.96 25.44 25.57 20.99 21 .15 25.38 21 .25 25.46 21 .21 25.35 21 .24 25.67 21.01 25.36 21 .10 25.32 20.20 25.17 21 .21 16.33 25.13 21.29 21.42 21 .30 21.45 25.54 21 .53 25.73 21.61 16.17 17.13 17.27 17.29 17.30 17.30 17.35 17.32 17.41 17.46 17.49 17.50 17.55 17.58 17.62 16.81 17.20 17.19 17.25 17.29 17.25 17.24 17.25 17.27 17.29 17.36 17.42 17.44 17.56 17.52 15.21 15.64 15.70 15.73 15.77 15.81 15.87 15.90 15.96 15.99 16.06 16.12 16.18 16.19 19.22 8.58 8.76 13.84 8.78 13.81 8.78 8.82 13.81 8.84 8.85 13.84 8.86 8.87 8.86 13.84 8.87 13.90 8.95 13.87 8.85 13.88 8.91 13.84 8.86 13.85 13.92 13.96 Financial activities ................................ Professional and business services............................................... Education and health services............. .......................... ........ Leisure and hospitality ........................ Other services....................................... 13.72 13.80 1 Data relate to production workers in natural resources and mining and manufacturing, construction workers in construction. and nonsupervisory workers in the service-providing industries. p - preliminary. 98 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 13.80 NOTE: Data reflect the conversion to the 2002 version of the North American industry Classification System (NAICS), replacing the Standard Industrial Classification (SIC) system. NAICS based data by industry are not comparable with SIC-based data. See "Notes on the data" for a description of the most recent benchmark revision . 15. Average hourly earnings of production or nonsupervisory workers' on private nonfarm payrolls, by industry 2002 TOTAL PRIVATE ...... .... ...... ...... ... .. . $14.95 Seasonally adjusted ..... ......... ... .. 15.18 2003 2004 2003 Annual average Industry Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug.P Sept.P 15.47 $15.44 15.41 $15.42 15.41 $15 .52 15.43 $15.48 15.45 $15.56 15.49 $15.60 15.52 $15.55 15.55 $15.59 15.59 $15.63 15.63 $15.57 15.66 $15.59 15.71 $15.67 15.76 $15.80 15.78 17.41 $15.35 GOODS-PRODUCING ............................. 16.33 16.8 17.01 16.95 16.98 17.03 16.94 16.95 17.00 17.09 17.10 17.14 17.18 17.28 Natural resources and mining ... ........ 17.19 17.58 17.69 17.69 17.15 17.97 18.00 18.05 18.17 18.14 18.06 18.18 18.07 18.01 18.03 Construction .. .... ................................. 18.52 18.95 19.19 19.13 19.08 19.19 19.01 19.07 19.07 19.15 19.15 19.12 19.25 19.33 19.42 Manufacturing .. ....... ... ......... .... ..... ... 15.29 15.74 15.87 15.81 15.92 16.05 15.98 15.99 16.01 16.07 16.05 16.09 16.04 16.17 16.37 Durable goods ...... ......... ..... ...... ...... Wood products .... ..... ... .............. ... .... Nonmetallic mineral products ... .. .. .. Primary metals ......... ........................ Fabricated metal products ... ............ Machinery .. ... ..... ...... ...... .. .......... Computer and electronic products ... Electrical equipment and appliances 16.46 12.71 15.77 18.13 15.01 16.30 16.68 14.35 21.25 12.98 13.30 16.62 12.83 15.84 18.30 15.09 16.40 16.77 14.49 21 .56 13.10 13.42 16.55 12.82 15.95 18.25 15.03 16.35 16.77 14.37 21.35 13.01 13.47 16.64 12.95 15.99 18.32 15.06 16.49 16.78 14.54 21 .48 13.08 13.53 16.78 12.93 15.98 18.39 15.23 16.62 16.85 14.68 21 .74 13.08 13.60 16.66 12.90 16.03 18.39 15.20 16.53 16.81 14.50 21 .38 12.95 13.68 16.68 12.91 16.00 18.36 15.18 16.50 16.92 14.58 21 .37 12.92 13.75 16.69 12.93 16.02 18.33 15.25 16.49 16.93 14.68 16.72 13.00 16.19 18.52 15.21 16.53 17.01 14.80 Transportation equipment ..... ..... ...... Furniture and related products ......... Miscellaneous manufacturing .......... 16.02 12.33 15.40 17.68 14.68 15.92 16.20 13.98 20 .64 12.61 12.91 21.34 12.96 13.78 21 .36 13.09 13.70 16.71 13.03 16.18 18.48 15.20 16.53 17.11 14.83 21.29 13.04 13.76 16.75 12.98 16.24 18.51 15.23 16.56 17.21 14.88 21 .36 13.10 13.81 16.61 13.03 16.38 18.66 15.26 16.68 17.29 14.88 20.77 13.11 13.89 16.85 13.01 16.29 18.58 15.27 16.72 17.37 14.98 21.54 13.27 13.87 17.08 13.13 16.51 18.91 15.43 16.83 17.45 15.03 21 .98 13.37 13.97 Nondurable goods .. .......... ....... .... .. . Food manufacturing ..... ......... ........ ... Beverages and tobacco products .... 14.15 12.55 17.73 14.63 12.80 17.96 14.73 12.90 17.73 14.67 12.77 18.05 14.80 12.91 18.64 14.88 12.95 18.58 14.89 12.91 18.88 14.88 12.87 18.76 14.90 12.89 19.13 15.01 12.96 19.60 14.98 12.94 19.55 15.03 13.00 19.39 15.14 13.05 19.29 15.09 12.99 19.10 15.24 13.08 19.16 Textile mills ......... .............. ............. .. Textile product mills .. ....................... Apparel ...... ..... .. .... ....... .... ... ... ....... .. Leather and allied products ....... ... . Paper and paper products ..... ... .. ... Printing and related support activitiei Petroleum and coal products ..... .... Chemicals ... ....... ...... ... .......... ..... Plastics and rubber products .. .......... 11 .73 10.96 9.10 11.00 16.85 14.93 23.04 17.97 13.55 12.00 11.24 9.56 11.67 17.32 15.37 23.64 18.52 14.18 12.07 11.47 9.77 11 .63 17.41 15.46 23.45 18.66 14.30 12.02 11 .37 9.69 11 .83 17.44 15.41 23.63 18.66 14.19 12.08 11 .35 9.71 11.87 17.58 15.48 24.00 18.77 14.27 12.21 11 .44 9.80 11.90 17.60 15.56 24.06 18.79 14.47 12.11 11 .45 9.74 11.94 17.63 15.53 24.13 18.83 14.43 12.13 11.40 9.58 11 .76 17.55 15.57 24.32 18.85 14.45 12.09 11 .37 9.60 11 .64 17.59 15.61 24.82 18.87 14.45 12.23 11.33 9.71 11 .65 17.84 15.54 24.48 19.02 14.58 12.08 11 .30 9.55 11.49 17.88 15.51 24.41 19.05 14.55 12.15 11.29 9.60 11.59 17.86 15.54 24.24 19.20 14.59 12.07 11 .48 9.74 11.68 17.91 15.71 24.35 19.36 14.69 12.08 11 .46 9.73 11 .68 17.84 15.86 24.07 19.29 14.66 12.24 11.53 9.78 11 .55 18.20 15.97 24.52 19.51 14.75 PRIVATE SERVICEPROVIDING .... .... .. ........... .... .. ......... 14.56 14.96 15.00 15.01 15.13 15.07 15.19 15.24 15.16 15.20 15.24 15.14 15.17 15.24 15.37 Trade, transportation, and utilities .. .... ... .. ............ ........................ Wholesale trade ..... .. ... .. ............... . Retail trade ...... ..... ...... ....... ... .. ..... Transportation and warehousing ... ... Utilities .. ...... .... ... .. ... ............. ... ..... 14.02 16.98 11 .67 15.76 23.96 14.34 17.36 11.90 16.25 24.76 14.42 17.41 11 .99 16.31 25.15 14.38 17.42 11.91 16.31 25.23 14.44 17.56 11.92 16.40 25.50 14.31 17.46 11 .87 16.33 25.26 14.50 17.56 11 .98 16.46 25.38 14.58 17.60 12.04 16.58 25.29 14.53 17.47 12.03 16.51 25.36 14.64 17.60 12.08 16.73 25.69 14.64 17.67 12.08 16.72 25.53 14.61 17.58 12.09 16.80 25.33 14.62 17.66 12.07 16.86 25.43 14.66 17.69 12.09 16.98 25.33 14.79 17.74 12.23 16.94 25.89 20.20 21.01 21.35 21 .25 21 .28 21.10 21 .21 21.28 21 .17 21 .24 21.41 21.18 21.30 21.44 21.73 16.17 17.13 17.27 17.25 17.42 17.26 17.35 17.47 17.37 17.45 17.62 17.38 17.44 17.58 17.60 16.81 17.20 17.11 17.13 17.41 17.29 17.38 17.47 17.28 17.26 17.45 17.28 17.31 17.46 17.43 16.24 Financial activities ............................. Professional and business services ........ .. ... .. ..... .............. ... ... Education and health services ......... .......... ... ....... ......... . 15.21 15.64 15.71 15.73 15.79 15.86 15.94 15.95 15.94 15.99 16.00 16.06 16.18 16.16 Leisure and hospitality ...... .... ........ .. 8.58 8.76 8.78 8.78 8.83 8.94 8.89 8.92 8.89 8.84 8.85 8.78 8.78 8.80 8.94 Other services ... .... ............................ 13.72 13.84 13.82 13.78 13.85 13.88 13.89 13.90 13.85 13.87 13.90 13.82 13.78 13.84 13.98 1 Data relate to production workers in natural resources and mining and NOTE: Data reflect the conversion to the 2002 version of the North American Industry manufacturing, construction workers in construction, and nonsupervisory workers in Classification System (NAICS) , replacing the Standard Industrial Classification (SIC) the service-providing industries. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis system . NAICS-based data by industry are not comparable with SIC-based data. See "Notes on the data" lor a description ol the most recent benchmark revision. Monthly Labor Review November 2004 99 Current Labor Statistics: Labor Force Data 16. Average weekly earnings of production or nonsupervisory workers 1 on private nonfarm payrolls, by industry Annual average Industry 2002 TOTAL PRIVATE .. ... ... ... ......... $506.07 Seasonally adjusted .. ... ..... 2004 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug.P Sept.P $517.36 $519.65 519.99 $527.68 522.55 $520.13 519.12 $518.15 523.56 $527.28 524 .58 $520.93 525.59 $522.27 525.38 $531 .42 528.29 $524 .71 526.18 $528.50 531 .00 $535.91 531.11 $530.88 533.36 682.90 674.21 674.61 681 .70 678.47 690.84 689.03 687.20 698.11 691.18 802.31 754 .60 806.85 755.80 796.93 730.19 - - $520.33 517.78 651.61 669.23 685.50 681 .39 684.29 741 .97 711.82 766.83 727.11 780.13 778.36 784.55 781.70 784 .80 786.98 797.66 Construction ............. .... ......... 752.25 744.16 730.76 714 .34 712.88 711 .31 732.29 794 .53 721.96 798.25 741.11 809.01 738.03 Manufacturing .................. ...... 618.75 636.07 647.50 643.47 655.90 662 .87 650.39 652.39 653.21 652 .44 659.66 659 .69 646 .41 661 .35 664 .62 652.97 671.53 684 .74 680.21 692.22 703.08 688.06 688.88 690.97 687.19 695.14 695.13 674 .37 695.91 698.91 492.00 646.91 749.32 596.38 645.55 513.92 665.11 767.63 610.33 664 .79 526.03 676.37 777.75 617.18 672.40 525.62 679.47 771 .98 616.23 667.08 537.43 681 .17 785.93 621 .98 682 .69 531 .42 669.56 799.97 635.09 696.38 517.29 663.64 796.29 626.24 689.30 521 .56 664.00 787.64 623.90 691 .35 524.96 680.85 790.02 625.25 690.93 530 .40 684 .84 800.06 620.27 987.65 544 .65 684 .41 803.88 627.76 700.87 533.48 690.20 808.89 627.48 698.83 531 .62 694.51 791.18 621 .08 692 .22 538.61 700.47 798.94 627.60 697 .22 521 .26 708.28 809.35 628.00 698.45 642. 87 674 .68 684 .22 684.22 693.01 695.91 680.81 695.41 690.74 683.80 694 .67 698.73 696.79 700.01 701 .49 560.24 877.87 582.68 890.32 588.29 918.46 592.04 905.24 601 .96 925.79 616.56 950.04 594.50 915.06 591 .95 916.77 596.01 917.62 599.40 905.66 613.96 915.47 611 .57 912.07 599.66 841.19 611 .21 911 .14 604.21 929.75 494.01 505.23 518.76 508.69 523.20 528.43 510.23 505.17 510.62 517.06 517.69 521 .38 515.22 529.47 518.76 GOODS-PRODUCING .... .... ........ Natural resources and mining ... ............... ....... Wood products ........... ...... .. ..... Durable goods ... ..... ....... Nonmetallic mineral products.... Primary metals .. Fabricated metal products..... ... Machinery ..... ... .................... (.;omputer and electronic products ..... ·· ············ .......... Electrical equipment and appliances ...... ... .. .. .. .. Transportation equipment ...... Furniture and related products ... .. . ..... ......... ... .... . Miscellaneous manufacturing ····· ···· ··· ....... 499.13 510.69 515.33 515.90 530.38 533.12 532.15 533.50 534.66 524.71 535.26 530.30 527.82 534.00 529.46 .......... ·········· 566.84 582.65 593.62 588.27 600.88 602 .64 594 .11 595.20 596.00 595.90 602.20 604.21 602.57 606.62 611.12 Food manufacturing. ......... ... .. . Beverages and tobacco products ... ............ ... ................ Textile mills ...... ... ... .... ... ...... . Textile product mills ........ ...... Apparel. .. ........ ... ... ............. Leather and allied products ... .. . Paper and paper products .. Printing and related support activities ............. .... Petroleum and coal products. . . . . . . . . . . . . . . . . . .. . .. .... Chemicals .. ······ ··· ·· . .. ..... Plastics and rubber products .. . . ......... ... ..• ... .. . 496.91 502.61 517.29 505.69 515.11 514 .12 504 .78 499. 36 498.84 497.66 511 .13 512.20 512.87 514 .40 521 .89 698.39 476.52 429.01 333.66 412.99 705.62 702.75 469.47 445.08 340.22 458.26 719.21 707.43 475.56 467.98 341 .95 445 .43 726.00 707.56 469.98 458.21 348.84 462.55 727.25 751 .19 485.62 456.27 356.36 465.30 743.63 722.76 490 .84 464 .46 352.80 485.52 751 .52 728.77 485.61 447.70 343.82 471 .63 738.70 737.27 486.41 450.30 345.84 464 .52 731 .84 744 .16 490.85 441 .16 350.40 464 .44 731 .74 780.08 484 .31 435.07 347.76 460 .18 745.71 774 .18 486.82 436.18 346.67 441 .22 756.32 760.09 490.86 444 .83 348.48 442.74 748.33 760.03 481 .59 435.09 348.69 422.82 750.43 762.09 489.24 443.50 353.20 441 .50 754 .63 764 .48 487.15 445.06 346.21 429.66 773.50 573.05 587.42 599.85 597.91 603.72 602.17 593.25 597.89 600.99 593.63 594 .03 593.63 600.12 610.61 611 .65 990.88 759.53 1,052.97 784 .56 1,045.87 793.05 1,068.08 785.59 1,099.20 808.99 1,061 .05 806.09 1,068.96 804 .04 1,074.94 816.21 1,079.67 811 .41 1,062.43 814.06 1,091 .13 815.34 1,095.65 819.84 1,120.10 816.99 1,097.59 823.68 1,125.47 831 .13 549.85 572.23 583.44 578.95 586.50 596.16 585.86 588.12 589.56 594.86 595.10 599.65 583.19 589.33 590.00 472. 88 484 .00 483.00 484.82 493.24 485. 25 484 .56 496.82 486.64 487.92 496.82 489.02 493.03 501 .40 496.45 Nondurable goods PRIVATE SERVICEPROVIDING .... ..... ....................... Trade, transportation, and utilities .. ... .......... ............ 471 .27 Wholesale trade ..... ..... ........... 644.38 Retail trade · · ······ · · · · · · · · · ··· 360.81 Transportation and warehousing ... .. ... ...... . . . . . . . . . 579.75 Utilities .... ···· ······· · ·· ······ · 979.09 . 1 2003 2003 481 .10 485.95 483.17 486.63 480.82 477.05 488.43 482.40 486.05 493 .. 37 489.44 494 .46 498.44 496.94 657.12 367.28 658.10 371 .69 661 .96 366.83 676.06 365.94 659.99 367. 97 656.74 361.80 670.56 368.42 658.62 365.7 1 665.28 367.23 674.99 372.06 661 .01 372.37 665.78 376.58 672.22 378.42 667.02 377.91 597.79 1,016.94 606.73 1,026.12 603.47 1,039.48 615.00 1,068.45 602.58 1,028.08 597.50 1,032.97 613.46 1,039.42 604.27 1,039.76 610.65 1,053.29 627.00 1,054.39 621 .60 1,046.13 627.19 1,032.46 641 .84 1,030 .93 628.47 1,074.44 Information ... ... ... .... ... .... ...... ... 738.17 761 .13 770.74 769.25 783.10 761 .71 763.56 776.72 760.00 764.64 777.18 775.19 773.19 788.99 788.80 Financial activities ... ... ......... ... 575.51 608.87 607.90 608.93 628.86 607.55 612.10 630.67 611.42 615.99 637.84 613.51 617.38 634 .64 619.52 Professional and business services .. ......... ....... 597.16 582.67 583.97 602.72 587.52 588.57 603.77 587.52 590.27 604 .12 592.62 526.18 574 .66 586.68 578.32 580.71 Education and health services ... ................... 492. 74 505.76 505.86 506.51 516.33 512.28 514.86 519.97 513.27 516.48 521 .60 520.34 527.47 530.05 Leisure and hospitality ... .. .. .... . 221 .26 224. 35 222.13 223.89 226.05 225.29 221 .36 230.14 225.80 224.81 229.22 227.40 230.91 234.08 226.18 Other services ............ ...... ..... , 439.76 434.49 431 .18 431.31 434.89 430.28 429.20 433.68 428.73 428.58 435.07 428.42 429.94 434.58 431 .98 Data relate to production workers in natural resources and mining and manufacturing , Industry Classification System (NAICS), replacing the Standard Industrial Classifification (SIC) construction workers in construction, and nonsupervisory workers in the service- system. NAICS-based data by industry are not comparable with sic-based data. See "Notes on providing industries. the data" for a description of the most recent benchmark revision . NOTE: Dash indicates data not available. p = preliminary. Data reflect the conversion to the 2002 version of the North American 100 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 17. Diffusion indexes of employment change, seasonally adjusted [In percent] Timespan and year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Private nonfarm payrolls, 278 industries Over 1-month span: 2000 .............................. .. ... ........ .. . 2001 ......... ... ... .. ........................ .. ... 2002 ............................................. . 2003 ......... ... ............... .. ... .............. 2004 ....... .. ..... .. ........... .. ................ . Over 3-month span: 2000 ....... .. .............................. ...... . 2001 .................. ..... .. ...... .............. . 2002 ............................................. . 2003 ..................... ........... .. ............ 2004 ........ .......................... .. .......... 61.9 52.2 40.1 41 .2 52.3 62.9 47.8 35.1 35.1 56.1 63.3 50.4 41 .0 38.1 68.7 59.5 34.4 41 .5 41 .4 67.6 46.9 41 .4 41 .7 42.8 63.8 61 .7 39.2 47.8 40.1 60.6 63.1 37.1 44.1 40 .5 55.2 52.5 38.8 44.1 39.7 56.3 51 .5 38.3 42 .8 49.3 59.2 53.4 32.4 39.0 46.0 56.8 36.7 38.7 51.1 53.8 34.9 34.5 49.1 69.2 52.7 34.0 66.2 50.4 37.4 67.8 50.4 35.1 68.3 43.5 36.2 60.1 38.8 36.7 36.5 54.0 32.6 55.2 36.3 62.8 35.1 70.0 40.5 74.5 58.1 34.9 39.4 42.6 68.7 56.3 36.2 39.9 37.4 64.6 61.5 37.9 40.8 35.4 57.2 56.5 34.7 38.7 40.1 61.0 53.2 35.3 37.1 45.5 52.9 30.8 34.4 50.5 56.8 32.0 34.7 51 .1 66.7 38.1 37.2 36.2 68.3 60.8 35.4 39.0 36.5 71.6 59.0 32.2 34.7 40.5 67.3 55.0 33.1 36.5 39.4 59.7 31.5 35.3 42.6 54.0 31 .1 33.3 41 .7 70 .0 43.3 32.0 34. 7 64.0 70.3 43.9 31.3 33.1 63.8 70.3 39.9 30.0 37.6 65.3 65.6 37.8 29.5 37.4 63.8 37.1 32.9 33.1 62 .1 34.9 34.7 35.4 Over 6-month span: 2000 ........................................... .. . 2001 ........ ..... .. .... .. .............. .......... . 2002 .......... .. .... .. ......................... .. . 2003 ......................... .......... ... ........ 2004 .................. ........ .................... 67.3 51 .8 29.5 69.1 50.0 30.0 75.2 51 .8 31 .1 72.5 47.3 31 .1 67.4 43.5 31.7 33.6 48.9 31 .1 54.1 31 .7 59.6 31 .7 64.7 33.5 67.8 67.8 41 .5 37.1 37.8 71 .2 Over 12-month span: 2000 ......... .. ..... .. ......... .. ................ . 2001 ......... ...... ..... .. ....................... . 2002 ......... ....... .. ....... ..... .. ... ... ....... . 2003. ........ .... .. .............. .. .... ... ...... .. 2004. ........ .......................... ....... .. .. 70.9 69.2 59.5 59.5 33.6 31 .7 34.5 31 .5 37.8 1 43.21 73.2 53.4 30.2 32.9 47.3 71.0 49.3 30.4 33.5 50.7 69.8 48.6 30.2 36.2 54.9 71 .0 45.0 29.1 34.4 60.3 Manufacturing payrolls, 84 industries Over 1-month span: 2000...................................... ........ 2001.. ...... ...... .............. .. ... ... .... .. .... 2002.......................................... .... 2003........................................ .. ... . 2004..................... .... ... .. ....... ...... .. . 48.2 22 .6 21 .4 26.2 42.9 58.3 22.0 18.5 15.5 55.4 50.0 21.4 23.8 22.6 60.1 50 .0 16.1 35.1 13.7 66.1 41 .1 15.5 29.8 26.2 64.9 57.1 23.2 32.7 25.0 54.2 60.7 13.7 40.5 28.0 57.1 28.6 14.3 28.0 26.2 48.2 25.0 19.0 31.0 27.4 42.3 35.1 17.9 11 .9 28.6 39.9 14.9 15.5 51 .2 41 .1 10.1 17.9 45.8 Over 3-month span: 2000 ......................................... ..... 2001 ......... .. ...... ................. .......... .. 2002......... .. ... .................... ............ 2003...................................... .. ... ... 2004.... .. .... .. ...... .. ........ ....... ........... 53.6 35.7 9.5 13.7 48.8 53.6 21 .4 10.1 13.1 51 .8 56.0 16.1 11 .3 16.7 59.5 54.8 14.3 17.9 10.1 66.1 44.0 13.1 17.3 13.1 71.4 44.0 13.7 19.0 14.9 65.5 51 .2 11 .9 28.0 16.1 65.5 47.6 8.9 22 .0 16.1 51 .8 32.7 8.3 23.8 16.1 53.0 25.0 13.1 15.5 24.4 23.2 8.9 6.5 27.4 38.7 10.1 4.8 41 .7 Over 6-month span: 2000.......... ... ................. .. ............ .. 2001 ......... ..................................... 2002........... ................................... 2003. ...... ...... ... ... .... ... ... .. .. .. . ........ .. 2004............. ................................. 44.0 22.0 6.5 11.3 28.6 52 .4 23.8 8.9 9.5 36.9 55.4 22.0 7.7 6.0 46.4 57.7 20.8 8.3 7.1 56.5 47.6 14.3 7.7 8.9 61.3 51.8 13.7 14.3 13.1 64.9 56.0 14.3 14.9 8.9 66.7 45.2 10.1 10.7 13.1 66.1 39.3 10.7 12.5 13.1 58.9 34.5 5.4 10.1 16.7 32.1 7.1 8.9 19.0 27.4 4.8 8.9 19.6 Over 12-month span: 2000.......................... ...... ...... .... .. .. 2001 .............................................. 2002 ........................ .... .. .. .... .......... 2003........ .. ....... ... ........... .. ... ... .. ..... 2004.......................................... .. .. 41.7 29.8 7.1 10.7 9.5 39.3 32.1 6.0 6.0 19.0 47.0 20.8 6.0 6.5 16.7 50.0 19.0 6.5 5.4 26.2 46.4 13.1 7.1 8.3 29.8 52.4 12.5 3.6 51 .8 10.7 4.8 9.5 50.0 49.4 11 .9 6.0 9.5 50.6 46.4 11.9 4.8 10.7 53.6 40.5 10.1 7.1 11.9 35.1 8.3 4.8 9.5 33.3 6.0 8.3 11.3 NOTE: Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with increasing and decreasing employment. 9.5 40.5 See the "Definitions" in this section. See "Notes on the data" for a description of the most recent benchmark revision. Data for the two most recent months are preliminary. Monthly Labor Review November 2004 l Ol Current Labor Statistics: Labor Force Data 18. Job openings levels and rates by industry and region, seasonally adjusted 1 Levels (in thousands) Industry and region Rates 2004 2004 Mar. Totai2 ............... .. ......... ... ... .... ... ........ .. ... Apr. May July June Aug. Sept.P Mar. Apr. May June July Aug. Sept.P 3,079 3,135 3,105 3,022 3,237 32 3,235 2.3 2.3 2.3 2.3 2.4 2.4 2.4 Total private 2 ••...•••...•••••••• •• • ••• • ••••• . ..... 2,740 2,778 2,746 2,640 2,894 2,859 2,889 2.5 2.5 2.4 2.3 2.6 2.5 2.6 Construction ............. .. ......... ..... ... . 113 105 108 94 88 121 126 1.6 1.5 1.5 1.3 1.3 1.7 1.8 Manufacturing ... ..... ........ .. ....... ....... 232 251 244 247 240 234 246 1.6 1.7 1.7 1.7 1.6 1.6 1.7 Industry Trade, transportation, and utilities ... ... 524 531 521 503 567 551 561 2.0 2.0 2.0 1.9 2.2 2.1 2.2 Professional and business services .... 502 518 530 494 583 594 564 3.0 3.1 3.1 2.9 3.4 3.5 3.3 ...... 559 576 542 496 537 536 546 3.2 3.3 3.1 2.9 3.1 3.1 3.1 Leisure and hospitality .. ........ ........... 370 376 391 421 435 410 411 2.9 3.0 3.1 3.3 3.4 3.2 3.2 Government ................. . ....... .. ........ .... 353 354 360 380 343 337 339 1.6 1.6 1.6 1..7 1.6 1.5 1.5 Education and health services .. . Reglon 3 Northeast. ...... ...... ...... ..... ..... .... . South ........... .. .......... ... ..... .... .. . ..... 569 560 526 546 545 540 547 2.2 2.2 2.0 2.1 2.1 2.1 2.1 1,176 1,191 1,164 1,164 1,280 1,259 1,210 2.5 2.5 2.5 2.4 2.7 2.6 2.5 Midwest ..... ... ... .. ....... ... ........ .. .. .... 663 692 688 631 635 613 696 2.1 2.2 2.2 2.0 2.0 1.9 2.2 West. ........ ... .... .... ...... ................ ... 655 694 765 677 738 771 778 2.2 2.4 2.6 2.3 2.5 2.6 2.6 1 Detail will not necessarily add to totals because of the independent seasonal adjustment of the various series. 2 Includes natural resources and mining, information , financial activities, and other services, not shown separately. 3 Northeast: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont; South : Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia; Midwest: Illinois, Indiana, Iowa, Kansas, Michigan , Minnesota Missouri , Nebraska, North Dakota, Ohio, South Dakota, Wisconsin; West: Alaska, Arizona California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah Washington, Wyoming. NOTE: The job openings level is the number of job openings on the last business day 01 the month ; the job openings rate is the number of job openings on the last business day 01 the month as a percent of total employment plus job openings. = preliminary. P 19. · Hires levels and rates by industry and region, seasonally adjusted 1 Levels (in thousands) Industry and region Rates 2004 2004 Mar. Total 2 • ..•.•• .. •. •..•• . •..•.. . •. ..• . • . ....•... • .......... Apr. May June July Aug. Sept.P Mar. Apr. May June July Aug Sept.P 4,603 4,398 4,206 4,433 4,229 4,375 4,297 3.5 3.4 3.2 3.4 3.2 3.3 Total private 2 ... .. .... .. .. ........ .. .... ....... .. 4,256 4,090 3,938 4,110 3,930 4,058 3,948 3.9 3.7 3.6 3.7 3.6 3.7 3.6 Construction ....... ......... .... ... ...... ... . 437 421 406 436 368 401 388 6.4 6.1 5.9 6.3 5.3 5.8 5.6 2.6 3.3 Industry Manufacturing ... ... .................. ........ 361 354 336 370 352 356 379 2.5 2.5 2.3 2.6 2.4 2.5 Trade, transportation, and utilities ... .... 1,009 1,032 938 945 957 984 879 4.0 4.1 3.7 3.7 3.8 3.9 3.4 Professional and business services .... 713 609 631 692 621 690 674 4.4 3.7 3.8 4.2 3.8 4.2 4.1 Education and health services ... ..... ... 444 460 451 428 418 470 403 2.6 2.7 2.7 2.5 2.5 2.8 62.4 Leisure and hospitality .......... ...... .... 810 766 739 749 760 760 834 6.6 6.2 6.0 6.1 6.2 6.1 6.7 Government ................ .. ·· ····"·'· ·· ···· ··· 343 300 272 328 310 322 339 1.6 1.4 1.3 1.5 1.4 1.5 1.6 Region 1 3 Northeast. ................. ..... ..... ..... .... 744 810 708 703 720 763 758 3.0 3.2 2.8 2.8 2.9 3.0 3.0 South ....... .. ................ . ................ 1,781 1,582 1,606 1,709 1,640 1,643 1,659 3.9 3.4 3.5 3.7 3.5 3.5 3.6 Midwest. ................... ... . . . . . . . . . . . . . . . . 1,040 991 956 1,009 935 945 939 3.4 3.2 3.1 3.2 3.0 3.0 3.0 West ..... .. .... ........ ....... ... .. ...... ... .... . 1,029 1,093 951 1,023 685 1,018 960 3.6 3.8 3.3 3.6 3.0 3.5 3.3 Midwest: Illinois, Detail will not necessari ly add to totals because of the independent seasonal Indiana, Iowa, Kansas, Michigan, Minnesota; Missouri, adjustment of the various series. Nebraska, North Dakota, Ohio, South Dakota, Wisconsin ; West: Alaska, Arizona, 2 California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Includes natural resources and mining, information, financial activities, and other services, not shown separately. Washington, Wyoming. 3 Northeast: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont; South : Alabama, Arkansas, Delaware, NOTE: The hires level is the number of hires during the entire month ; the hires rate District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, is the number of hires during the entire month as a percent of total employment. North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia; 102 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 P= oreliminarv. 20. Total separations levels and rates by industry and region, seasonally adjusted 1 Rates Levels (in thousands) 2004 2004 Industry and region Mar. Totai2 ... .. .... ... .... ......... .. ... ... ... .. ... .. ........ Apr. May June July Aug. Sept.P 4,165 Mar. Apr June May 3.2 3.1 3.1 July 3.1 Aug. 3.1 Sept.P 3.1 3.2 4,134 4,088 4,040 4,069 4,074 4,134 Total private 2 •• • • • • • • • • • •• •• • • •••• , • • • • •••• • , • • •• • • 3,868 3,843 3,761 3,789 3,793 3,894 3,876 3.5 3.5 3.4 3.5 3.5 3.5 3.5 Construction .. ... .... ......... ... ... . ..... .. .. 392 391 367 382 364 391 367 5.7 5.7 5.3 5.5 5.3 5.6 5.3 Industry Manufacturing .. ...... ............... ... ...... 377 353 377 343 367 379 379 2.6 2.5 2.6 2.4 2.5 2.6 2.6 Trade, transportation, and utilities ....... 978 1,013 917 927 972 951 906 3.8 4.0 3.6 3.6 3.8 3.7 3.6 Professional and business services .. ... 597 606 556 607 613 575 588 3.7 3.7 3.4 3.7 3.7 3.5 3.6 Education and health services ... ........ 382 386 379 362 363 380 386 2.3 2.3 2.2 2.1 2.1 2.2 2.3 Leisure and hospitality .......... ... ....... .. 715 679 696 734 694 760 769 5.8 5.5 5.6 5.9 5.6 6.2 6.2 Government. .. ........ .... ........ ... ...... ....... 284 245 268 270 273 246 290 1.3 1.1 1.2 1.3 1.3 1.1 1.3 Reglon 3 Northeast. ... .. ...... .. .. ... ... , ... ........ .... 666 716 648 704 674 717 724 2.7 2.9 2.6 2.8 2.7 2.8 2.9 South .... ...... .. .... .. .. ... ... .. ... .. ..... .. ... 1,612 1,524 1,504 1,533 1,545 1,527 1,504 3.5 3.3 3.2 3.3 3.3 3.3 3.2 938 877 833 853 935 831 934 3.0 2.8 2.7 2.7 3.0 2.7 3.0 1,003 959 1,008 979 945 1,087 991 3.5 3.4 3.5 3.4 3.3 3.8 3.5 Midwest. ... .. .. ........ .................... .... . West. ....... .. ... ....... ........ ... ... .. ........ 1 Detail will not necessarily add to totals because of the independent seasonal adjustment of the various series. Midwest: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin; West: Alaska, Arizona, California, Includes natural resources and mining , information, financial activities, and other services, not shown separately. Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington. Wyoming. 3 Northeast: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont; South: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia; NOTE: The total separations level is the number of total separations during the entire month; the total separations rate is the number of total separations during the entire mon th as a percent of total employment. P = preliminary. 21. Quits levels and rates by industry and region, seasonally adjusted 1 Levels (in thousands) Industry and region Mar. Total 2 ..• . .. ....• . . . . ... . ...• . ... . ... .. . .. ... . • •. • •• ... . . . Rates 2004 2004 Apr. May June July Aug. Sept.P , Mar. Apr. May 2,271 2,278 2,173 2,284 2,265 2,252 2,258 1.7 1.7 Total private 2 .. . .. .. ... • ...•. • ..... • .. . . • • .. . • .. • .. 2,144 2,151 2,026 2,162 2,141 2,140 2,130 2.0 Construction ....... ... ........... ... ... ..... .. 154 149 144 156 101 147 132 2.3 Manufacturing ....... ... ..... ....... ... .... ... 176 189 171 171 174 165 186 Trade, transportation, and utilities ...... . 530 563 525 536 559 552 539 June July Aug. Sept.P 1.7 1.7 2.0 1.9 1.9 1.5 2.1 1.9 1.2 1.2 1.1 1.3 2.1 2.1 2.2 2.2 2.1 1.9 1.7 1.7 1.7 2.0 1.9 2.0 2.2 2.1 2.3 1.2 1.3 1.2 2.1 2.2 Industry Professional and business services .... 309 323 259 322 322 308 309 1.9 2.0 1.6 2.0 2.0 1.9 Education and health services .... ... ... . 252 245 223 225 271 239 244 244.0 1.5 1.3 1.3 1.6 1.4 1.4 Leisure and hospitality .. .. ..... .. ....... .... 465 429 455 480 442 476 457 3.8 3.5 3.7 3.9 3.6 3.9 3.7 Government. ········ ·· ·· ·· ........ ..... .. .. .... . 129 129 129 123 126 116 129 .6 .6 .6 .6 .6 .5 .6 Northeast ......... ..... .. .. ..... ... .... .... .... 314 390 318 334 338 339 323 1.3 1.6 1.3 1.3 1.3 1.3 1.3 South ... ........... ...... .. .. , ... . , .......... ... 957 888 857 910 901 897 916 2.1 1.9 1.8 2.0 1.9 1.9 2.0 Midwest. ............ ... .... .... .. ...... ... ...... 474 479 479 485 505 447 464 1.5 1.5 1.5 1.6 1.6 1.4 1.5 West. .. ....... .... .... .... .. .... ...... ........ .. 565 524 521 573 519 566 552 2.0 1.8 1.8 2.0 1.8 2.0 1.9 Reglon 1 3 Detail will not necessarily add to totals because of the independent seasonal adjustment Midwest: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin; West: Alaska, Arizona, of the various series. Includes natural resources and mining, information, financial activities, and other services , not shown separately. California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming . 3 Northeast: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont; South: Alabama, Arkansas, Delaware, NOTE: The quits level is the number of quits during the entire month; the quits rate District of Columbia, Florida, Georgia, Kentucky, is the number of quits during the entire month as a percent of total employment. Louisiana, Maryland , Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas. Virginia, West Virginia; https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis P = preliminary. Monthly Labor Review November 2004 103 Current Labor Statistics: Labor Force Data 22. Quarterly Census of Employment and Wages: 10 largest counties, fourth quarter 2003. County by NAICS supersector Establishments, fourth quarter 2003 (thousands) Average weekly wage 1 Employment December 2003 (thousands) Percent change, December 2002-032 Fourth quarter 2003 Percent change, fourth quarter 2002-03 2 United States 3 ..... ... ......... ........ ............ ... ................... ........ ..•.• ...... Private industry ............... .. .. .......... .. ... ..... ............................ ... .. Natural resources and mining ............................... .... ....... .... Construction ....................................... ............... ... ... ... ...... .. .. Manufacturing ...................................... ...... .. ...... ......... ... ..... . Trade, transportation, and utilities ... ........... .. .... .................... Information .. ... ............................ .... .... ... .............. .... ...... .... .. . Financial activities ....................... .................. ...................... . Professional and business services .... ..... .. ... .............. ........ . Education and health services ...... ...... ............. ................. .. . Leisure and hospitality ............ .... ....................... ............. .... . Other services .................................. .. .. ... ... ................ ......... . Government ............... .. .................................... .. ... ... ............... . 8,314.1 8,048.7 123.7 804.9 376.8 1,853.6 145.2 767.0 1,329.4 732.2 669.9 1,080.6 265.3 129,341 .5 108,215.1 1,557.8 6,689.5 14,307.8 25,957.3 3,165.9 7,874.7 16,113.2 15,974.0 12,042.8 4,274.1 21 ,126.3 0.0 .0 .1 1.2 -4.2 -.3 -4.0 1.2 .6 2.1 1.7 -.1 -.2 $767 769 703 837 943 665 1,139 1,138 945 731 335 494 757 3.6 3.9 4.9 2.3 6.7 3.4 3.9 5.9 3.8 3.8 3.4 3.1 2.4 Los Angeles, CA ............. .......... .... .. ... .................................... ..... . Private industry ... .. ....... .. ........................................ ....... ... ....... . Natural resources and mining ..... ......................... .. .... .. ...... .. Construction ... ....................... ....... ............ ...... .... ................. . Manufacturing ........................................... .............. .. .......... . l rade , transportation, and utilities ... .. ................... .. .. ........ .... Information ............ ............... ................... . .. .... ........ .. ......... .. Financial activities ...................... .. ... .................................... . Professional and business services ....... .. .................... ...... .. Education and health services .... ....................................... .. Leisure and hospitality ......... ... .. ............. ....... ........... .......... .. Other services .. .......................................... ......................... . Government .... .. ... ..................... ............... .... ........... ...... .......... . 356.0 352.2 .6 12.9 17.8 53.9 9.2 23.0 40.1 26.6 25.6 142.1 3.8 4,075.3 3,486.3 11 .0 133.9 485.2 794.6 194.9 237.9 575.0 456.5 375.9 220.7 589.0 -.5 -.2 .7 -1.1 -7.1 -1 .2 -2.0 .9 1.6 1.9 5.6 3.5 -2.3 903 898 955 883 900 735 1,627 1,258 1,043 820 766 422 930 4.2 4.2 16.9 1.7 6.5 2.7 5.2 7.0 3.7 3.9 6 .5 5.0 3 .3 Cook, IL .......................................... .... .... ......... ......... .... ... ... ... .. ..... Private industry .............. ................. ... ......... ... .. ....................... . Natural resources and mining ................ .......................... .... Construction .. .. .................................................... ... ... ... ...... . Manufacturing .............................................. .. ... ..... ....... ....... Trade, transportation, and utilities ....................................... . Information .... .... ... .. .. ............ ............................. ......... ....... ... Financial activities . ... .. .... ... .. ..... .. ... . ............ ..... .. .. . Professional and business services ...... ..... ... ..... ... .............. . Education and health services ...... ..... .. ... ...... .............. .. .... .. . Leisure and hospitality ................... ... ............ .. ..... ......... ..... . Other services ... ............. .. ........ ............ .. .. ................ .. ... ... ... . Government ......... ........ ........ .. .. ............. ................ ... .. ............. . 126.7 125.5 .1 10.5 7.9 26.7 2.5 13.8 26.1 12.3 10.5 12.6 1.2 2,539.8 2,221 .9 1.3 96.7 265.7 499.4 66.1 219.4 405.5 350.8 217.7 95.1 317.9 -1 .2 -.9 -3.6 .0 -5.1 -.8 -4.1 -.8 -1 .3 1.0 2.8 -2.0 -3.1 922 929 1,037 1,169 975 753 1,164 1,471 1,206 791 375 655 871 3.0 3.2 3.2 -.8 6.3 .4 .1 8 .1 4.1 3.7 -.3 3.0 .9 New York, NY ...... .... ..... ... ... ..... .... .. ... .... ............ ......................... . Private industry ............................................... . Natural resources and mining .......................................... ... . Construction ........................................................ .... ....... ..... . Manufacturing ... .... ...................... ............... ............. ............ . Trade, transportation, and utilities .. .. .. ......................... ......... Information .................................. ....... ..... .. .............. ............ . Financial activities .... ......................................... .......... ........ . Professional and business services ..... ...... .......... ......... ... ... . Education and health services ................... ......................... . Leisure and hospitality .. ........................... ... .. .................. .... . Other services ....... ........................... .. Government ............. ................... ....... ....... ......... .............. .... .. . 111 .9 111.7 .0 2.2 3.5 22.1 4.3 16.7 22.6 7.8 10.1 16.0 .2 2 ,253.6 1,800.4 .1 30.0 46.6 247.6 130.6 352.0 439.7 273.8 188.2 82.9 453.2 -1 .0 -.6 .0 -4.5 -4.9 -1.2 -5.1 -2.0 .5 2.4 .4 -1.1 -2.2 1,480 1,623 1,197 1,567 1,290 1,164 1,751 3,034 1,702 918 787 871 912 7.2 8.1 -6.5 6.4 5.5 7.9 16.1 2.6 7.6 6.1 6 .1 .1 Harris, TX .... ... ..... .. ......... .... ....... ... ......................................... .... ... Private industry . ... .. .. .. ... ............ .. .. ... ....... .. .. ......... ..... .... ... . Natural resources and mining .......... ......... ............ .... ......... .. Construction ....................... .............. .. .. ... ..... .. .................. ... . Manufacturing .......... ......... ............ .... .. ........... ............. ......... Trade, transportation, and utilities ..... .. ................ .............. ... Information ...... ....................... .................... ...... ... ... .. ........... . Financial activities ...... ......................................... ............... .. Professional and business services .................. ........... ...... . Education and health services .................... ......... ............... . Leisure and hospitality ......... ... ....... ........................ .......... ... . Other services ............... ..... .............................................. .. .. Government .......... ...................................... ...................... .. .. ... 89.4 89.0 1.2 6.3 4.7 21.1 1.4 9.7 17.0 8.8 6.5 10.3 .4 1,841.5 1,595.2 62.5 135.5 164.0 403.2 33.8 113.1 279.0 188.3 155.2 56.3 246.3 -.9 -1.2 8.7 -5.0 -4.9 -2.1 -3.9 1.7 -1 .7 1.5 .7 -3.1 1.1 906 929 2 ,185 919 1,106 821 1,098 1,181 1,073 812 335 539 759 2.1 2.1 -.9 2.6 2.3 1.0 .4 4.9 3.2 1.8 -.9 .4 3.1 Maricopa, AZ ............................. .. .. ............ ............. ...................... Private industry .... .................. ............................ ... .................. . Natural resources and mining .............. ................... .. ... ... .. .. . Construction ...... ........................................... .. .................. .. . . Manufacturing ........... ............ ... ................ .. .. .... .. .. .............. .. Trade, transportation, and utilities ......... .......................... Information ... ... .. ...... . ........... .............. ............ .... ....... .. Financial activities ............................. .. ................................ . Professional and business services ......... ....... ....... .. ..... ...... . Education and health services ........ ............... ...... .. ............ .. Leisure and hospitality .......................... .... .. ... .. ............ ...... .. Other services ........... .......................... .. ....... ................. ... ... . Government ........................................ .............. .. ........ ... .. 80.9 80.5 .5 8.4 3.3 18.6 1.6 9.5 18.1 7.6 5.6 5.7 .5 1,621 .2 1,401 .8 9.8 131.7 128.0 336.4 36.6 133.3 261.5 160.5 155.8 44.7 219.4 (4) 2.2 -2.6 5.9 -2.5 1.5 -4.1 1.5 4.2 5.6 .8 -2.6 1.6 757 755 545 779 1,050 712 872 933 776 842 364 500 766 4.0 3.9 4.4 2.1 See footnotes at end of table. 104 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 3.4 8.2 3.2 .5 3.7 3.5 5.0 2.8 2.2 3.7 22. Continued-Quarterly Census of Employment and Wages: 10 largest counties, fourth quarter 2003. County by NAICS supersector Establishments, fourth quarter 2003 (thousands) December 2003 (thousands) Dallas, TX ........... .................................. .. ............... ........ ............... Private industry ............ .............. .......... ... ............... ..... ...... ...... . Natural resources and mining ........................... .. ................. Construction ...................................................... ................... Manufacturing ....... ........ ........... ......... ..... ..... ........... .............. Trade, transportation, and utilities ....................... ....... .... .... .. Information ............ ..... ................. ... .. ..... .... .... ..... .. ..... ..... ...... Financial activities ......... ............................ .. ..... .......... ... ....... Professional and business services .................................... . Education and health services ..................... ......... ......... ..... . Leisure and hospitality ............................ ... .. ... ...... .......... .. . .. Other services ....... ...... .. ....................................... .. .. .. ...... .... Government ..... ................ ................................. .. .............. .. ..... 68.6 68.2 .5 4.5 3.5 15.8 1.9 8.6 14.0 6.3 5.2 6.7 .4 1,450.8 1,294.6 Orange, CA ...... ............ ............ ............................. .. ... ... .. ............. Private industry .. ................ .. ...... .. .. .......... .................. ... .. ...... .. . Natural resources and mining ....................... .. .................... . Construction ............ .. ..... .. ........ ............ ........ ........................ Manufacturing ............... ... ........... .. .. ........ ............................. Trade, transportation, and utilities .. .. .................... ............... . Information .. ......... ............................ .. ................... ............... Financial activities .. .................. .. ..... ...... .. ........... ... ........ ... .... Professional and business services ......... ........................... . Education and health services ......... ......... .. .............. .. ......... Leisure and hospitality ............................................... .......... Other services ..... .......... ...................... ............... ...... .. .......... Government .................................. ........................ ........ .. ......... 88.8 87.4 .3 6.4 6.1 17.3 1.5 9.7 17.4 9.1 6.6 12.9 1.4 1,436.6 1,305.5 6.1 85.5 179.9 278.8 6.8 73.0 144.9 326.1 64.0 140.0 237.7 131 .4 127.5 40.5 156.2 3.0 6.0 765 742 421 788 695 689 990 1,062 948 748 432 450 886 3.5 3.6 4.0 2.7 5.8 4.2 1.7 -1 .1 5.2 2.3 9.9 3.0 2.8 980.8 827.5 9.9 40.7 49.4 247.2 28.5 65.5 132.0 123.4 92.8 34.5 153.3 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 358 518 859 -.5 -.7 -1 .8 .3 -9.8 -1.7 -3.2 .7 -.2 1.4 2.1 80.2 79.9 .5 4.9 2.8 23.2 1.7 8.2 15.9 7.8 5.3 7.5 .3 Totais for the United States do not include data for Puerto Rico or the 849 5.3 5.2 .2 5.9 11 .4 2.7 5.3 6.2 2.8 3.7 .2 -.3 .8 1.4 -2.1 2.6 -15.7 3.5 8.4 4.8 3.7 .4 3.6 Miami-Dade, FL .................................. ..... ........... .. ..................... .. . Private industry ............. .. ... ........ .. ........ .. ... .................... .......... . Natural resources and mining ....... .. .. ..... .. .. ... ............... .. .. .. .. Construction ...................... .. .............................................. ... Manufacturing .. .. ........................................... .... .. ... ............. . Trade, transportation, and utilities .. ................................ ... .. . Information .................. ....... ........... ... .. ... ... ... .. ....................... Financial activities ....... .......... ........... ............. ....................... Professional and business services .... .. ... ............ .. ........ ... .. . Education and health services .. ...................................... .... . Leisure and hospitality ........................................... .. .......... .. Other services ............... ....................................................... Government .. .. ......................... ............... ...... .......................... . 3 874 875 579 969 1,036 802 1,152 1,354 942 935 944 1,109 921 1,176 804 1,829 1,114 1,160 746 390 463 882 6.2 2.7 14.8 1.5 6.1 11 .7 5.9 5.4 26.4 .6 Percent changes were computed from quarterly employment and pay data adjusted for noneconomic county reclassifications. See Notes on Current Labor Statistics. 1.3 2.1 .2 .1 -11 .3 1,100.6 945.5 2.8 53.4 101 .9 225.5 69.2 77.5 158.3 108.3 100.5 48.1 155.1 Average weekly wages were calculated using unrounded data. 1,272 1,215 1,152 887 432 587 800 22.7 5.5 6.8 5.2 8.7 2.9 4.2 2.7 4.3 2.8 -.1 815 809 491 869 1,129 655 1,582 1,058 989 778 346 449 843 81.6 81 .0 2 898 -5.1 1.2 .0 2.4 .0 -3.4 -1 .8 4.3 4.8 1.3 1.5 -5.4 4.7 -4.2 2.2 -4.5 4.8 1.5 1.6 3.5 1.8 .1 King, WA ..... .. .......... ........ ... ...... ...... ...... .......... ..... ...... ... ..... ...... ... .. Private industry ................. .. .................. .. ..... .. .. .. ....... ........... ... . Natural resources and mining ..... .. .. .......... ......................... .. Construction ............................. ....................... ..................... Manufacturing ... ................... ............. .. ................................. Trade, transportation, and utilities .................... ........... .. ... .. .. Information .... .. ... .. .......... ........... .. ....................................... .. Financial activities ......................................... .. .. ... .. ....... .... .. . Professional and business services ....... .. ........... .. .. ... ...... .. .. Education and health services ........ .. ..... ... .. .. ...................... . Leisure and hospitality .............................. .. ............. .......... .. Other services ................. .. .. ....................... .. ....................... . Government ..... ...... ... .................. .. ............. .. ... ............ .. ........ ... .4 $952 970 2,680 909 1,075 -3.3 8.3 Percent change, fourth quarter 2002-032 1,278.2 1,060.2 11 .0 81.1 105.4 220.4 36.7 81.6 208.1 122.6 141.5 51.6 218.0 85.3 83.9 .9 6.4 3.6 14.2 1.4 8.8 -1.4 -1.4 -20.5 -2.2 -3.1 Fourth quarter 2003 127.8 261.0 126.6 159.9 46.0 131. 1 33.8 14.9 7.6 6.5 19.5 1.3 Percent change, December 2002-03 2 4.4 -3.0 .6 -4.4 9.9 1.0 6.1 2.5 6.3 -5.7 San Diego, CA .. ... .. .......... ........ .. ... .. ..... ... .. ... ... .... .. .. .. .... .............. . Private industry ................ .. .......... ............... .. .......................... . Natural resources and mining ............................................ .. Construction .......... ... .................... .......... .............. .. .......... .... Manufacturing ........ ..... ....... .............. ... .............'................ ..... Trade, transportation, and utilities .............. .............. ... ... .. .. .. Information .. ............. ....... ....... ...... ............. .... ... .. .................. Financial activities .... ..... .. ... ............... ....... .............. ............. . Professional and business services .. .. ............ ... .. .. .. .. .. ...... .. Education and health services ................... .......................... Leisure and hospitality .... ........................ .. .............. .. ....... ... . Other services .................................... ............ ... ............. .. ... . Government ........ ........................ ............... ..... .. .............. .. .. ... .. 1 Average weekly wage 1 Employment -.4 -8.2 1.1 .8 2.4 .7 1.5 2.9 1.2 1.0 -1 .8 .5 3.8 2.6 2.5 1.0 .7 11 .5 .9 -2.0 .4 2.8 5.7 2.4 2.7 2.9 Virgin Islands. 4 Data do not meet BLS or State agency disclosure standards. NOTE: Includes workers covered by Unemployment Insurance (UI) and Unemployment Compensation for Federal Employees (UCFE) programs. Data are preliminary. Monthly Labor Review November 2004 105 Current Labor Statistics: Labor Force Data 23. Quarterly Census of Employment and Wages: by State, fourth quarter 2003. State Establishments, fourth quarter 2003 (thousands) December 2003 (thousands) Percent change, December 2002-03 Fourth quarter 2003 Percent change, fourth quarter 2002-03 United States 2 ....... .. ..... ...... ...... .. .. .... . 8,314.1 129,341 .5 0.0 $767 3.6 Alabama ............ .. ............ .. ............. .. . Alaska ........... .. .................. ............. .. . Arizona ...... .. .... .. ................ ............... . Arkansas ............. ... ... .. ......... .. ...... .... . California .. ......................................... Colorado ........ .. ........... .. .......... ........ .. Connecticut ........................ ... ........... . Delaware .................. .. ........ ... ... ... ... .. . District of Columbia .......................... . Florida ..................... ...... .... .. ..... ........ . 111.8 20.0 126.9 75.2 1,190.8 160.0 109.1 27.1 30.0 504.1 1,838.1 282.7 2,352.1 1,133.6 14,922.3 2,134.6 1,648.9 408.4 654.8 7,424.5 -.1 2.2 .5 .0 -1.1 -.7 .5 -.4 .8 657 746 710 587 869 784 992 825 1,238 685 4.0 1.1 3.8 4.1 3.8 2.0 3.8 5.0 3.9 3.8 Georgia ................ ...... .. .. ....... .. ......... . Hawaii ... ....... ... .. .......... ..................... . Idaho ........................... ..... ................ . Illinois ..................... ... ... ..................... Indiana .. .... .. .. .. ... .......... ............ ........ . Iowa ..... .. ...... .... .... ............... ..... .. ...... . Kansas ............ .... ... ..................... ... .. . Kentucky ..... .. ........................... ..... ... . Louisiana ............. ... ............. ..... ........ . Maine .................. .................... ......... . 245.6 37.4 48.5 325.7 152.1 90.6 82.2 105.7 114.0 47.4 3,845.6 583.0 577.5 5,738.7 2,852.2 1,418.5 1,298.3 1,740.6 1,870.9 595.8 .2 1.3 .6 -1.2 -.3 .0 -.9 .3 .5 .7 734 678 579 827 675 626 631 645 628 631 2.8 3.7 1.8 3.2 3.5 4.7 2.8 3.5 2.4 4.6 Maryland ..................... ..................... . Massachusetts .. ........ .......... ........ ..... . Michigan ............................. .......... ... . . Minnesota ... ..................................... . Mississippi .......... ...................... ........ . Missouri ............................. ..... .......... . Montana ........... ... .... ........... .............. . Nebraska ...... ........................... ......... . Nevada .............. ......................... ...... . New Hampshire ............................... . 150.4 206.6 251 .3 159.0 65.6 165.4 42.0 55.3 60.3 47.0 2,466.4 3,154.6 4,365.8 2,591 .9 1,108.1 2,633.6 396.6 884.4 1,111.2 614.9 .7 -1.9 -1 .1 -.5 .4 -.7 1.1 .6 4.4 .6 831 954 806 777 559 676 549 613 721 788 3.6 5.2 3.9 3.2 3.7 2.4 4.0 3.2 5.1 4.0 New Jersey ......................... ............ .. New Mexico .................................. ... . New York ................... ............ .... .. ... . . North Carolina .................................. . North Dakota ........... .... .. ............... ... . . Ohio ............................. .. .. ... .... .. ........ Oklahoma ............................. ............ . Oregon .............................................. Pennsylvania ......... ........... ................ . Rhode Island ... .. .... ... ..... ........ ............ 268.1 50.4 550.3 227.8 24.0 294.2 91 .6 118.8 326.9 34.7 3,912.8 757.1 8,379.2 3,759.6 317.6 5,322.4 1,423.4 1,579.8 5,524.5 480.5 .1 1.4 -.4 -.1 .9 -.7 -1.3 .2 -.2 1.2 945 612 959 679 563 713 597 694 750 738 3.4 4.1 5.2 4.5 4.3 3.8 4.2 3.3 4.7 5.1 South Carolina .. ......... .................. .... . South Dakota .. .............. ... ... ............. . Tennessee ............................. ....... ... . Texas .... ....... .. ...... .. ... .... ..... .............. . Utah ......... ........... ...... .. ...... .. .. .. ......... . Vermont .......... .. ...... .. .... ........... ........ . Virginia ............... ..... ...... .. ................. . Washington ................... ................... . 108.4 28.1 128.4 505.3 73.9 24.1 1,781.0 365.4 2,648.0 9,300.1 1,066.2 300.7 3,477.5 2,654.7 685.2 2,715.4 .3 .3 .4 -.3 1.2 .3 1.2 1.0 .1 .0 623 559 689 754 630 661 786 759 587 683 3.1 4.1 4.2 3.1 2.3 5.1 5.2 1.3 2.1 4.1 202.6 1.1 ~:~~~~~~'.~.::::::::::::::::: : ::::::::::::::::·: 222.7 47.2 157.6 Wyoming ........... .. .. ..... ...................... . 22.0 241.6 1.7 616 4.1 Puerto Rico ..... .. ....... ........ ................ . Virgin Islands ........... ............... ..... ... .. 50.2 3.2 1,074.1 42.5 3.5 -.2 450 629 4.7 2.4 1 Average weekly wages were calculated using unrounded data. 2 Totals for the United States do not include data for Puerto Rico or the Virgin Islands. 106 Average weekly wage 1 Employment Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 NOTE: Includes workers covered by Unemployment Insurance (UI) and Unemployment Compensation for Federal Employees (UCFE) programs. Data are preliminary. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 24. Annual data: Quarterly Census of Employment and Wages, by ownership Year Average establishments Average annual employment Total annual wages (In thousands) Average annual wage per employee Average weekly wage Total covered (UI and UCFE) 1993 ............ ..... ....... ................... ...... . 1994 ..... ... .. .... ... .... .......... .................. . 1995 ....................... ................. ........ .. 1996 . ·· ···· ········ ·......... ... ... ................. . 1997 .. .. .... .... ......... .... ... ... ..... ..... ... ... .. . 1998 ......... ... .. .. ....... .............. ............ . 1999 ....................... ............. .. ... .. .. .... . 2000 .. ...... .................................... ..... . 2001 ···· ···· ············· .. ·· ····"····· ... ... .. ... .. . 2002 ·············· ············ ·· · .. .. ... ... ........ .. . 6,679,934 6,826,677 7,040,677 7,189,168 7,369,473 7,634,018 7,820,860 7,879,116 7,984,529 8,101,872 109,422,571 112,611 ,287 115,487,841 117,963,132 121 ,044,432 124, 183,549 127,042,282 129,877,063 129,635,800 128,233,919 $2, 884,472,282 3,033,676,678 3,21 5,921,236 3,414 ,514,808 3,674,031,718 3,967,072,423 4,235,579,204 4,587,708,584 4,695,225,123 4,714,374,741 $26,361 26 ,939 27,846 28,946 30,353 31,945 33,340 35,323 36,219 36,764 $507 518 536 557 584 614 641 679 697 707 $26,055 26,633 27,567 28,658 30,058 31,676 33,094 35,077 35,943 36,428 $501 512 530 551 578 609 636 675 691 701 $25,934 26,496 27,441 28,582 30 ,064 31 ,762 33,244 35,337 36,157 36,539 $499 510 528 550 578 611 639 680 695 703 $28,643 29,518 30,497 31,397 32,521 33,605 34 ,681 36,296 37,814 39,212 $551 568 586 604 625 646 667 698 727 754 $26,095 26,717 27,552 28,320 29,134 30,251 31,234 32,387 33,521 34 ,605 $502 514 530 545 560 582 601 623 645 665 $36,940 38,038 38,523 40,414 42,732 43,688 44,287 46,228 48,940 52,050 $7 10 731 741 777 822 840 852 889 941 1,001 UI covered 1993 ... ..... ............................ .............. 1994 ... ........... .......... ... ... ................... . 1995 ....... .. ........................................ . 1996 ........................................... .. .... . 1997 ........... .... .. ...................... .. .. ...... . 1998 .... .. ... .. .................... .. .. .............. . 1999 .... .. ................................... ... .... .. 2000 ·············· ···· ·· .. ··· ····'"·'" ·'" ·'"·'" ·'" .. .. 2001 ....................... .. ... ... .. .... ............ . 2002 ····· ···· ··········· ·· ···· ························ 6,632,221 6,778,300 6,990,594 7,1 37,644 7,317,363 7,586,767 7,771 ,198 7,828,861 7,933,536 8,051,117 106,351 ,431 109,588,189 112,539,795 115,081,246 118,233,942 121 ,400,660 124,255,714 127,005,574 126,883,182 125,475,293 $2 ,771 ,023,411 2,918,684,128 3,102,353,355 3,298,045,286 3,553,933,885 3,845,494,089 4,112,169,533 4,454,966,824 4,560,511,280 4,570,787,218 Private industry covered 1993 ..................... ................... .. ... ... .. 1994 ........ ......................................... . 1995 ....................................... ......... .. 1996 .. ... .. .......................................... . 1997 ......... .. .. ............ ... .... ................. . 1998 ... ........ .. ..... ......... .... .. ................ . 1999 ........... .... ................. .. .. .............. 2000 ... ... .... ..................................... ... 2001 ··········· ····················· ·· ··········· '"· '" 2002 ............. ...... ... ..... .. .... .... .... ........ . 6,454,381 6,596,158 6,803,454 6,946,858 7,1 21,182 7,381,518 7,560,567 7,622,274 7,724,965 7,839,903 91 ,202 ,971 94,146,344 96,894 ,844 99,268,446 102,175,1 61 105,082,368 107,619,457 110,015,333 109,304,802 107,577,281 $2,365,301,493 2,494,458,555 2,658,927,216 2,837,334 ,217 3,071,807,287 3,337,621 ,699 3,577,738,557 3,887,626,769 3,952,152,155 3,930,767,025 State government covered 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ... .. .... ... ... ..... .. ... .......... .............. . ............ ..... ....... .... ................ .... .. ................................................ .. ........................ .... ..................... . ............ .............. ...................... .. .. ............................... ......... ...... .. .. ... ................. ... ... ..................... . ........... .... .......... ... ..... .. .. .. ... ....... . ............. ......... ... ........................ . ... .... ................... ........ ............. .. . 59,185 60,686 60,763 62 ,146 65,352 67,347 70,538 65,096 64,583 64,447 4,088,075 4,162,944 4,201,836 4,191 ,726 4,214,451 4,240,779 4,296,673 4,370,160 4,452,237 4,485,071 $117,095,062 122,879,977 128,143,491 131 ,605,800 137,057,432 142,512,445 149,011 ,194 158,618,365 168,358,331 175,866,492 Local government covered 1993 ......... ............... ............. ............ . 1994 ..... .. .. ... .. .. .. ..... ... ... ...... .. ............ . 1995 ............... ................................... 1996 ... ......... ... .. .... .. ..... ... .... ............ .. . 1997 ... ... ... ...... ... .. ..... ......... .. ............. . 1998 ................................... ... ........... . 1999 .... ..... ... ............................ .. ....... . 2000 ......... ......................... ............. .. . 2001 ..... .. ..... .. .... ........... .... ......... .. ... ... 2002 .... ............. ................ ... ............ .. 118,626 121,425 126,342 128,640 130,829 137,902 140,093 141 ,49 1 143,989 146,767 11 ,059,500 11,278,080 11 ,442,238 11,621,074 11,844,330 12,077,513 12,339,584 12,620,081 13,126,143 13,412,941 $288,594,697 301 ,315,857 315,252,346 329 ,105,269 345,069, 166 365,359,945 385,419 ,781 408,721,690 440,000,795 464,153,701 Federal Government covered (UCFE) 1993 ············ ··· ······•· ··················· ········ 1994 ...................................... .. ... .. ... .. 1995 ............. .. ................................. .. 1996 .... ... ......................................... .. 1997 ...................... .......................... .. 1998 ........ .... .......... ... ... .................. .. .. 1999 .... ..................... ........................ . 2000 ....... .. ... ... ........ ...... ..... .. ... .. ........ . 2001 .. .... ........... ...................... .. ..... .. .. 2002 .............. ..... ............. ....... ......... .. 47,714 48,377 50,083 51,524 52,110 47,252 49,661 50,256 50,993 50,755 3,071,140 3,023,098 2,948,046 2,881,887 2,810,489 2,782,888 2,786,567 2,871,489 2,752,619 2,758,627 $113,448, 871 114,992,550 113,567,881 116,469,523 120,097,833 121,578,334 123,409,672 132,741,760 134,713,843 143,587,523 NOTE: Detail may not add to total s due to rounding. Data reflect the movement of Indian Tribal Council establishments from private industry to the public sector. See Notes on Current Labor Statistics. Monthly Labor Review November 2004 107 Current Labor Statistics: Labor Force Data 25. Annual data: Quarterly Census of Employment and Wages, establishment size and employment, private ownership, by supersector, first quarter 2003 Size of establishments Industry, establishments, and employment 108 Total Fewer than 5 workers 1 5 to9 workers 10 to 19 workers 20 to 49 workers 50 to 99 workers 100 to 249 workers 250 to 499 workers 500to 999 workers 1,000 or more workers Total ali lndustries 2 Establishments, first quarter .................. Employment, March ............................... 7,933,974 105,583,548 4,768,812 7,095,128 1,331 ,834 8,810,097 872,241 11,763,253 597,662 18,025,655 203,030 13,970,194 115,598 17,299,058 28,856 9,864,934 10,454 7,090,739 5,487 11,664,490 Natural resources and mining Establishments, first quarter .................. Employment, March ······························· 124,527 1,526,176 72 ,088 110,155 23,248 153,629 14,773 198,895 9,226 275,811 2,893 198,122 1,593 241 ,559 501 171,063 161 108,563 44 68,379 Construction Establishments, first quarter .................. Employment, March ............................... 795,029 6,285,841 523,747 746 ,296 129,201 846 ,521 76,215 1,021 ,722 46,096 1,371 ,071 12,837 872,274 5,604 823,846 1,006 338,107 262 172,944 61 93,060 Manufacturing Establishments, first quarter ·················· Employment, March ............................... 381,159 14,606,928 148,469 252,443 65,027 436,028 57,354 788,581 54,261 1,685,563 25,927 1,815,385 19,813 3,043,444 6,506 2,245,183 2,565 1,732,368 1,237 2,607,933 Trade, transportation, and utilities Establishments, first quarter .................. Employment, March ······························· 1,851 ,662 24,683,356 992,180 1,646,304 378,157 2,514,548 239,637 3,204,840 149,960 4,527 ,709 51 ,507 3,564,316 31,351 4,661 ,898 6,681 2,277,121 1,619 1,070,141 570 1,216,479 Information Establishments, first quarter .................. Employment, March ............................... 147,062 3,208,667 84,906 112,409 20,744 138,076 16,130 220,618 13,539 416,670 5,920 410,513 3,773 576,674 1,223 418,113 575 399,366 252 516,228 Financial activities Establishments, first quarter .................. Employment, March ······························· 753,064 7,753,717 480,485 788,607 135,759 892,451 76,733 1,017,662 39,003 1,162,498 11,743 801,140 6,195 934,618 1,794 620,183 883 601 ,549 469 935,009 Professional and business services Establishments, first quarter .................. Employment, March ······························· 1,307,697 15,648,435 887,875 1,230,208 180,458 1,184,745 111,532 1,501,470 73,599 2,232,506 28,471 1,969,466 17,856 2,707,203 5,153 1,762,251 1,919 1,307,870 834 1,752,716 Education and health services Establishments, first quarter ··············· ··· Employment, March ............................... 720,207 15,680,834 338,139 629,968 164,622 1,092,329 103,683 1,392,099 65,173 1,955,861 24,086 1,679,708 17,122 2,558,300 3,929 1,337,188 1,761 1,220,921 1,692 3,814,460 Leisure and hospitality Establisnments, first quarter .................. Employment, March ............................... 657,359 11 ,731 ,379 260,149 411,192 110,499 744,144 118,140 1,653,470 122,168 3,683,448 34,166 2,285,550 9,718 1,372,780 1,609 545,304 599 404,831 311 630,660 Other services Establishments, first quarter .................. Employment, March ............................... 1,057,236 4,243,633 851 ,231 1,037,360 116,940 761,518 56,238 740,752 24,235 703,957 5,451 371 ,774 2,561 376,832 454 150,421 109 71,453 17 29,566 1 Includes establishments that reported no workers in March 2003. 2 Includes data for unclassified establishments, not shown separately. Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 NOTE : Details may not add to totals due to rounding . Data are only produced for first quarter. Data are preliminary. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 26. Annual data: Quarterly Census of Employment and Wages, by metropolitan area, 2001-02 Average annual wage2 Metropolitan area1 Percent change, 2001-02 2001 2002 Metropolitan areasJ .. ...... .. .. .. .... ............ .... .... ..... ........ ... ....... . $37,908 $38,423 1.4 Abilene, TX .... .. ............. ...... ... ........... ....... ............................... Akron, OH ........ .......... .... ... .. ..... ...... ......... .. ... ...... ......... .. .... ... .. . Albany, GA ..... ... ................... .... .. .. ......... ... .... ... ... .............. ..... . Albany-Schenectady-Troy, NY ... ..... .. ..... ... .. .... ............. ...... ... . Albuquerque, NM ................. .. ................................... ............. . Alexandria, LA ... ...... ..... ... .. .. .. ....... ..... .... .. ..... ........ ....... ... ........ Allentown-Bethlehem-Easton, PA .... ................. ............ .... ..... Altoona, PA .... ... ... ..... ........... .. ....... ........... ... ..... ..... ........ ..... ..... Amarillo, TX .............. ........ ..... ....... .... .......... ........ ... ..... ... ...... ... Anchorage , AK ... ....... ........ ....... .... ..... ..... ... ........ .... ........ ... ..... . 25,141 32,930 28,877 35,355 31,667 26,296 33,569 26,869 27,422 37,998 25,517 34,037 29,913 35,994 32,475 27,300 34,789 27,360 28,274 39,112 1.5 3.4 3.6 1.8 2.6 3.8 3.6 1.8 3.1 2.9 Ann Arbor, Ml ..... .... ...... ...... ....... ....... ...... .. ... .... .......... ........... .. Anniston, AL ...... .. .... ........ .... .... ................. .................... ... ....... Appleton-Oshkosh-Neenah, WI ........ ... .. ...... .. .. ... ..... ... .. ...... ... . Asheville, NC .... .... ................. ... .... .. .......... .. ........ ... .... ..... ....... . Athens, GA ... .......... ........ .... ... ....... .. .... .... .... .... ..... ...... ........... .. Atlanta, GA ... ... ........................... .. ... ....... ......... ..... ........ .... ..... . Atlantic-Cape May. NJ ............... .. .. ..... ..... .. ........................ .... . Auburn-Opelika, AL .. .. ..... ... ... .................................. .. ... ... ... .... Augusta-Aiken, GA-SC ... .... ......... .... .... ..... ...... .. .. ..... .. ... .. ........ Austin-San Marcos, TX ... ..... .. ... .. .. ........ .... .. ... ... .. .... ........ ..... ... 37,582 26,486 32,652 28,511 28,966 40,559 31 ,268 25,753 30,626 40,831 39,220 27,547 33,020 28,771 29,942 41 ,123 32 ,201 26,405 31,743 39,540 4.4 4.0 1.1 3.4 1.4 3.0 2.5 3.6 -3.2 Bakersfield, CA ..... ... .. ........... .. .... ..... ... ............... ... ..... ........... .. Baltimore, MD .. .. ...... .. ... .......... ..... .......... .. .... .... ...... .... ... ... ... ... . Bangor, ME ....... ... ....... ... .... ... ..... ..... ... .. ... .... .... ....................... . Barnstable-Yarmouth, MA .. .. .... ....... .... ... ........... .................... . Baton Rouge, LA ... ....... .... .. ... .. ........ ..... ... ........... ... .... ... .......... Beaumont-Port Arthur, TX ................ .... ... ... .. ...... ...... .... ....... ... Bellingham, WA ... ...................... ... .... ...... .. ... .. ......... ..... ... ...... .. Benton Harbor, Ml ... ..... ......... .. .. ............ ... ..... ... ............. ......... Bergen-Passaic, NJ ..... ... .... .... ..... ............... ... ..... ...... .... ..... ..... Billings, MT .................. ............ ........ ...... ...... .. ... .......... .... ... .... . 30,106 37,495 27,850 31,025 30,321 31,798 27,724 31 ,140 44,701 27,889 31 ,192 38,718 28,446 32,028 31 ,366 32,577 28,284 32,627 45,185 28,553 3.6 3.3 2.1 3.2 3.4 2.4 2.0 4.8 1.1 2.4 Biloxi-Gulfport-Pascagoula, MS .... .. ................. ......... ... .......... . Binghamton, NY ............... ... ... ...... ...... .... ..... ....... .. ......... ........ . Birmingham, AL ... ..... ... ..... .. .. ......... ...... .......... .. ... ... ... ... .......... . Bismarck, ND ... .. ........ ... ....... ... ..... .... ... ............. ... .... ..... ......... .. Bloomington, IN ......... .. ..... ... .......... ........ ..... .... ... .... ... ... .......... . Bloomington-Normal, IL .. ... ............. ..... ......... ...... ..... ... ...... .. .. .. Boise City, ID ........ ....... ....... ... .......... .. ........... .... .... .. ............... . Boston-Worcester-Lawrence-Lowell-Brockton, MA-NH ......... Boulder-Longmont, CO ... ........................ .......... ..... ... ... ... ..... ... Brazoria, TX .. ....... ... ... .. ........... .. ..... .................. ..... ..... ....... .. ... . 28,351 31 ,187 34,519 27,116 28,013 35.111 31,624 45,766 44,310 35.655 28,515 31 ,832 35,940 27,993 28,855 36.133 31 ,955 45,685 44,037 36,253 Bremerton, WA ............................ ......... ... .. ... .. ... .... ... .. .... ..... .. . Brownsville-Harlingen-San Benito, TX ........ ... ......... .. ............. Bryan-College Station , TX .............. ..... ..... .. ......................... .. . Buffal~Niagara Falls, NY .... ..... ... .............. ........ .. ....... ........... . Burlington, VT .. ... ..... ......... ...... ............. ...... ............ ... ............. . Canton-Massillon, OH .. ... ............ ........ .... .................... .... ...... . Casper, WY .. .... ... ...... .. ..... .. ........... .. ........ .... ......... ..... ..... .... ... . Cedar Rapids, IA .......... .... ... .. ..... .. .. .... .. .. ..... ... ............... ... ... .. . Champaign-Urbana, IL ... .... .. .... ............. ....... .......... .... ........ ... . Charleston-North Charleston. SC ...... .. .... ... ..... ... .... ... .. .. ..... .... 31,525 22,142 25,755 32,054 34,363 29,020 28,264 34,649 30,488 28,887 33,775 22,892 26,051 32,777 35.169 29,689 28,886 34,730 31 ,995 29,993 7.1 3.4 1.1 2.3 2.3 2.3 Charleston, WV ..................... ....... .............. ... .... ............... ..... . Charlotte-Gastonia-Rock Hill. NC-SC ......... ........... ...... .... ...... . Charlottesville, VA ........ ..... ...... .... ............................... ... ..... ... . Chattanooga. TN-GA .... .......... ... .. ... ..... ..... .... ... ..................... .. Cheyenne, WY ...... .. .. ... ... ...... ................ ... .. .. .............. ........... . Chicago, IL .......... ...... ... ............... ...... ..... ... ...... .. ... ....... .......... . Chic~Paradise. CA ...... .... .... ........... ... ............. ....................... Cincinnati, OH-KY-IN ... ........ ......... .. ................. ..... ... .. .... .. ..... .. Clarksville-Hopkinsville, TN-KY .... .. .... .. .... .... ......................... . Cleveland-Lorain-Elyria, OH ..... .......... ... ... ............... .. ... ..... .. ... 31 ,530 37,267 32,427 29 ,981 27,579 42,685 26,499 36,050 25.567 35,514 32,136 38,413 33,328 30,631 28,827 43,239 27,190 37,168 26,940 36,102 1.9 3.1 2.8 Colorado Springs, CO ............................ ... .... ..... ... ....... ... ... ... . Columbia, MO .... ...... ...... ..... ........ ... ...... .. .... .. ... .......... .... .. .... ... . Columbia, SC .... .... ... .. ........ ....... ....... .......... ..... ...... ..... ...... ..... . Columbus, GA-AL ......... .. ... ... ................... ........ .... ................ ... Columbus. OH ................. ... .. ..... .. ... .... ... ..... ... .............. .......... . Corpus Christi, TX .. ... ... .... ........ .... ............. .... ..... ...... .... ......... . Corvallis, OR .. ............. ................. .. ........... ...... ......... .. ........... . Cumberland, MD-WV .. ... .. ... ......... ... ...... .. ..... .. ... ............ ........ . Dallas, TX ....... ............ .. ... ... ... ... .. ... ....... .... ... .............. .. ....... .. . . Danville. VA .... .... ... ...... .................... ......... .. ........ .. .... ... ... ....... . 34,391 28,490 29,904 28,412 35,028 29,361 35,525 25,504 42 ,706 25,465 34,681 29,135 30,721 29,207 36,144 30,168 36,766 26,704 43,000 26,116 .9 .6 2.1 4.1 3.2 3.0 2.9 1.0 -.2 -.6 1.7 2.2 .2 4.9 3.8 2.2 4.5 1.3 2.6 3.1 5.4 1.7 .8 2.3 2.7 2.8 3.2 2.7 3.5 4.7 .7 2.6 See foo!notes at end of table. Monthly Labor Review November 2004 109 Current Labor Statistics: Labor Force Data 26. Continued-Annual data: Quarterly Census of Employment and Wages, by metropolitan area, 2001-02 Average annual wage2 Metropolitan area 1 2001 2002 Percent change, 2001-02 Davenport-Moline-Rock Island, IA-IL ............. ... .......... ..... ...... . Dayton-Springfield, OH ................ .. .... ... .... .... .. ................... .. ... Daytona Beach , FL ...... ........... ..... ........ ... ....... .. .... ........ ... ... ..... Decatur, AL .... ... .... .. .. ... ..... ... .. .. ........................... .. ......... ... ..... . Decatur, IL ... ................................. .......... .. ... ........................... Denver, CO .. ..... ..... ................. .. ................ .. ... ................. ... ... .. Des Moines, IA ... ............. ... ... .............................. ................. .. Detroit, Ml ..... .. ... ........... ... ... ... ....... .... ....... .. ....... .. .... ... ..... .. ..... . Dothan, AL ... .............. .. ... ... .... ..... ... .... ................... ........... .. .... . Dover, DE .. ... ............ ...... .... ......... .. ........... ... ... ...... ............ ... ... $31 ,275 33,619 25,953 30,891 33,354 42,351 34,303 42,704 28,026 27,754 $32,118 34,327 26,898 30,370 33,215 42 ,133 35,641 43,224 29,270 29,818 2.7 2.1 3.6 - 1.7 -.4 -. 5 3.9 1.2 4.4 7.4 Dubuque, IA ............................ ... ................. ........... .... ........ ..... Duluth-Superior, MN-WI ........... ... .. ........................... ..... ....... .. Dutchess County, NY ... ... ......... ...... .... ........... .... ... ..... ........ .... . Eau Claire, WI .................... ..... .... ............. ... ........... .... ... ... .... .. El Paso, TX ...... ............. ......... ......... ..... ..... ..... ..... .. ........ ......... . Elkhart-Goshen, IN ...... .... .... .... .. .. ...... .... ...... .. .. ....... .... ... ...... .. . Elmira, NY ............. ............ ... .. ................ ........... ... ... ..... .. .. ... .. . Enid, OK ................. ........................ ... ..... .... .............. ..... ... ...... Erie, PA ...... .... ............. .. ... .... .... ... ... ... ..... ............. ................ .. . Eugene-Springfield , OR ...................... ..... .. ....... .. .. .. ..... .... .. .... . 28,402 29,415 38,748 27 ,680 25,847 30,797 28 ,669 24,836 29,293 28,983 29,208 30,581 38,221 28,760 26,604 32,427 29,151 25,507 29,780 29,427 2.8 4.0 -1.4 3.9 2.9 5.3 1.7 2.7 1.7 1.5 Evansville-Henderson, IN-KY .... ... ..... ... .. .... .. .. ... ........ .. .. ........ . Fargo-Moorhead, ND-MN .... .. ...... ... .... ... ..... ...... ..... ... .. .. .... .. ... . Fayetteville, NC ... .......... ....... ... ... .. ......... .. ... ..... .... ... .. ...... ...... . . Fayetteville-Springdale-Rogers, AR ... ..... ......... ............ .... ... .. . Flagstaff, AZ-UT ....... ..... .......... ......... ........ ......... .. .. ..... ... ,..... .. . Flint, Ml .............. .. .. ... .......... ........... ... ........ ... ..... ...... .. ... ........... Florence, AL .. .. .......... ............................. ........... ..................... Florence, SC ... ... ..... ..... .... .. ............. ......... ................... ........... . Fort Collins-Loveland, CO ..... ..... .... .... .... .. ..... ................ ..... ... . Fort Lauderdale, FL .. .. ....... ... ...... ..... ......................... .. .... ........ 31 ,042 27 ,899 26,981 29,940 25,890 35,995 25,639 28,800 33,248 33,966 31 ,977 29,053 28,298 31 ,090 26,846 36,507 26,591 29,563 34,215 34,475 3.0 4.1 4.9 3.8 3.7 1.4 3.7 2.6 2.9 1.5 Fort Myers-Cape Coral, FL ... ..... ... ... .......... ....... .. ..... ... ........... . Fort Pierce-Port St. Lucie, FL ... ............ ... ................. ... ......... . Fort Smith, AR-OK ................................... ...... .. ...... .... ... .... .. .... Fort Walton Beach, FL ..... .. ... ... ........................ .. ... ....... ........ .. . Fort Wayne, IN ...................... ............... ..... ... .. .. ...... ..... .. ....... . . Fort Worth-Arlington, TX ..... .. ... ......... .............. ...... ..... ............ . Fresno, CA ............. ... ........................ ...... .... .... .... ..... ..... .. .... .. . Gadsden, AL ................. ..... ..... ....... ......... ... .... ..... .... ....... ........ . Gainesville, FL .............. ............. .. .. ..... ................ ................ ... . Galveston-Texas City, TX .. ... ... .... ... ...... ............ ... ................ ... 29,432 27,742 26,755 26,151 31,400 36,379 27,647 25,760 26,917 31 ,067 30,324 29,152 27,075 27,242 32,053 37,195 28,814 26,214 27,648 31 ,920 3.0 5.1 1.2 4.2 2.1 2.2 4.2 1.8 2.7 2.7 Gary, IN .... ... .... ... .............. .. ...... ................. ... ..... .. .. ..... ... ... ... ... Glens Falls, NY .. ............ .. ............... ... .... ................. ... .... ........ . Goldsboro, NC ..... ... .. ......... .... .. .... ................ ..... .. .... ... ..... ...... .. Grand Forks, ND-MN .... ... ...... .. ... .. ....... ... .. ... ... .. ... ..... .... ... ..... .. Grand Junction, CO ........................ ..... .. .. .. ......... ... .............. .. . Grand Rapids-Muskegon-Holland, Ml ..... ... ...... ................... ... Great Falls, MT .. .......... ...... ............. .... .... ...... ... ... ............. ...... . Greeley, CO ............. .... ...... ... ...... ..... .. ...... .. ...... .... .. .... .... ........ . Green Bay, WI .......... .. ....... ... .. ...... ... .. ....... ........................... .. . Greensboro-Winston-Salem-High Point, NC ...... ..... .... ..... .... 31 ,948 27,885 25,398 24,959 27,426 33,431 24,211 30,066 32,631 31,730 32,432 28,931 25,821 25,710 28,331 34,214 25,035 31,104 33,698 32 ,369 1.5 3.8 1.7 3.0 3.3 2.3 3.4 3.5 3.3 2.0 Greenville, NC .. ... ..... ......... .... ................. ... .. ... ... ............... .. .. .. Greenville-Spartanburg-Anderson, SC .... ........ ... .. ... ............... Hagerstown, MD ........... ...... ........... .. ...... .... ....... .. ... ..... ........... . Hamilton-Middletown, OH ... ...... ... ... ...... ......... ... ... ...... ..... ... .. ... Harrisburg-Lebanon-Carlisle, PA ... .... .. .... ....... .. ...................... Hartford, CT .. ... .... ........ .... .. .... ... .... .... ..... .... ........ .... .... ............ . Hattiesburg, MS ........ .. ........................... ............. ... .... .. .... .... .. . Hickory-Morganton-Lenoir, NC .. ..... .... ... ... .... .. ..... ... ............... . Honolulu , HI ................. .. .. .. .... .. .... .. ......... ... .... ............. ........ ... . Houma, LA .. ................... ................ ........... ... .... ..... ......... ... ..... . 28,289 30,940 29,020 32 ,325 33,408 43,880 25,145 27,305 32 ,531 30,343 29,055 31,726 30 ,034 32 ,985 34,497 44,387 26,051 27,996 33,978 30 ,758 2.7 2.5 3.5 2.0 3.3 1.2 3.6 2.5 4.4 1.4 Houston, TX .. ....... .... .......... ..... ......... .... .. ... ... ........... .............. .. Huntington-Ashland, WV-KY-OH .. ....... .... ..... ., .., .. ,..... ,.. ,... ..... . Huntsville, AL .... ...... ..... .... ..... ........ .... ............ ............ ........... .. . Indianapolis, IN .... ... .... ..... ......... .... ... ..... .. .... ....... ... .... ............. . Iowa City, IA ..... .... .......... ... ..... ... ... ...................... ... ... .. ......... .. Jackson, Ml ...... .................. ...... .. .......... .. .. .... ......................... . Jackson, MS ........ .. ..... ........... ... ..... ... ............ .... ..... .... ........ ..... Jackson, TN ........... ...... .. .. .. .. .... ........... .... ............. ...... .... .... .... . Jacksonville, FL .. ... .. .... .... .. ............... ... ....... .. ... .. ..... .... ....... .... . Jacksonville, NC ..... ...... ... .. ......... .................. ...... .. ...... .. ... ...... . 42,784 27,478 36,727 35,989 31 ,663 32,454 29,813 29,414 32,367 21 ,395 42 ,712 28,321 38,571 36,608 32,567 33,251 30 ,537 30,443 33,722 22,269 -.2 3.1 5.0 1.7 2.9 2.5 2.4 3.5 4.2 4.1 See footnotes at end of table. 110 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 26. Continued-Annual data: Quarterly Census of Employment and Wages, by metropolitan area, 2001-02 Average annual wage2 Metropolitan area 1 Percent change, 2001-02 2001 2002 Jamestown, NY ............. .... ........... .. ... ...... .. ... .................. .. ..... . Janesville-Beloit, WI .. ........ .......... .... .... ...... ... .. .... ........ ... ... ... .. . Jersey City, NJ ........ ........................................... .... .... ........... . Johnson City-Kingsport-Bristol, TN-VA .... .. ............... .. ... ....... . Johnstown , PA ........................... ................... ................. ..... ... . Jonesboro, AR ................ .................. .. ... ..... ....... .... .... ...... ...... . Joplin, MO ..... .... ... ................. ............................. ... .... ..... ....... . Kalamazoo-Battle Creek, Ml ........... ...... ..................... .... .... .... . Kankakee, IL ................................ .. ... .............. ... .. ..... ............. . Kansas City, MO-KS ....................... ............... ....... ...... .......... .. $25,913 31,482 47,638 28,543 25,569 25,337 26,011 32 ,905 29,104 35,794 $26,430 32,837 49,562 29,076 26,161 26,165 26,594 34,237 30,015 36,731 2.0 4.3 4.0 1.9 2.3 3.3 2.2 4.0 3.1 2.6 Kenosha, WI ... ................ .. ......... .. ... .... .... .... ............... .. .... ...... . Killeen-Temple, TX .. ....................... ........................... .. .... ... .... Knoxville, TN .............................. ... ..... ..... .......... .... ..... ..... ..... .. Kokomo, IN .......... ........... ............. ... ... ...... ... ..... .. .. .... .... .. .. ... ... . La Crosse, WI-MN ..... .. ........... .. .... .... .... ... ................. .... ..... .... . Lafayette, LA ...................... ... .... ........ ................... ... ... .. .... ..... . Lafayette, IN .. ............... ................ ... ... ............... .. ... ....... ........ . Lake Charles, LA ... ....................... .. ...................... ............ ..... . Lakeland-Winter Haven, FL ................ .... ..... .... .. .. .... ... ........... . Lancaster, PA ............................... .. ..... .... .......... .. .... ... ... .... .. ... 31 ,562 26,193 30,422 39,599 27,774 29,693 31,484 29,782 28,890 31,493 32,473 27,299 31 ,338 40,778 28,719 30 ,104 31,700 30,346 29,505 32 ,197 2.9 4.2 3.0 3.0 3.4 1.4 .7 1.9 2.1 2.2 Lansing-East Lansing, Ml ..................... ..... .... ........................ . Laredo, TX .. ... ....................... .... .... .... ...................................... Las Cruces, NM ............ ...... .. ... .... ............ .. .... ............. .. ......... . Las Vegas, NV-AZ ................. ...... .................... ..... ... .............. . Lawrence, KS .......... ..................... ..... ... .... .......... .... .... ... ....... .. Lawton, OK ..... ... ...... .... .. .......... .... .............. .... ... .. ........ ... ... .... . . Lewiston-Auburn, ME .. ..... .. .... ..... ... .......... ........ .. .. ..... ..... .... ... . Lexington, KY ... ... .... .. .. ......... ... ........ ..... .... .. .. ... ... .... .... .. ......... . Lima, OH ............. .. .............. ... .. ...... .... ... ... ... .... ...... .. .... .... ... .. . . Lincoln, NE ............................ ...... .... ..... .... ..... .. .. ................ ... . . 34,724 24,128 24,310 32,239 25,923 24,812 27 ,092 31 ,593 29,644 29,352 35,785 24,739 25,256 33,280 26,621 25,392 28,435 32,776 30,379 30,614 3.1 2.5 3.9 3.2 2.7 2.3 5.0 3.7 2.5 4.3 Little Rock-North Little Rock, AR .... .... .. .... ........ .. ........... ... .... . . Longview-Marshall, TX ................. .. .... .. ... ........ .... ............... ... . Los Angeles-Long Beach, CA .. .. .............. ... ...... .............. .... .. . Louisville, KY-IN .. ............ ... ... ..... .. ............... ........... ............... . Lubbock, TX ... ..... ............... ...... ................... .... .......... ..... ....... . Lynchburg, VA .. ... ............... ... ......... .... ..... .................... ......... .. Macon, GA .......................... .... ........... ................. ................... . Madison, WI .... ......................... ..... .. .... .... .... ...... ... ... ... ... ... .... .. . Mansfield, OH ... ..... .... ... .... ..... ......... .......... ............ .. ... ... .... ..... . McAllen-Edinburg-Mission, TX .............. .... ........ .................. ... 30,858 28,029 40,891 33,058 26,577 28,859 30 ,595 34,097 28,808 22,313 31 ,634 28,172 41,709 33,901 27,625 29,444 31 ,884 35,410 30 ,104 23,179 2.5 Medford-Ashland , OR .. ......... ...... .... ....... ... ...... .... .... ......... .. .... . Melbourne-Titusville-Palm Bay, FL .... ..... .......... .. ..... ... .. ..... ... .. Memphis, TN-AR-MS ................ ............ ........... .... ... ... ........... . Merced, CA ........... ............................. .. .. .. ... .......... .... ............. . Miami, FL ............................ ... .. ... .... ... ............... .. .. ... .. .......... .. . Middlesex-Somerset-Hunterdon, NJ ........ .... ..... ......... .......... . . Milwaukee-Waukesha, WI ... ..... .... .......... .............. ................ .. Minneapolis-St. Paul, MN-WI .. ........ ... .......... .. .... ...... ... ..... .... .. Missoula, MT ........................ ........ ... .. .. ...... ....... ...... ... .......... . Mobile, AL ...... ..................... ......... ... ... .... .... .............. .... .. ... .... .. 27,224 32,798 34,603 25,479 34,524 49,950 35,617 40 ,868 26,181 28,129 28,098 33,913 35,922 26,771 35,694 50,457 36,523 41 ,722 27 ,249 28,742 3.2 3.4 3.8 5.1 3.4 1.0 2.5 2.1 4.1 Modesto, CA ................ .. ..... ... ... ............. .... .. ......... ............... ... Monmouth-Ocean, NJ ................... ...... .... ..... .... .... ...... .. . Monroe, LA ....... ... ..... ... .... ... ........ .. .... ... ..... ........ .... ... ............... Montgomery, AL .... ...... ....... ... ......... .. .. ....... ...... ..... ...... .......... .. Muncie, IN ... ................... .. ... ..... .... ........... ............. ....... .... ..... .. Myrtle Beach, SC ........ ... ... ....... ............... .. ... .......... ............... .. Naples, FL .. ... .... ...... .... .... ... .. .. ... ..... ..... .. ... ... ... ......... ...... ........ . Nashville, TN ... .... ..... .................... .. .. ................... .................. . Nassau-Suffolk, NY ................................ .. ..... ...... ...... .... .... ... . New Haven-Bridgeport-Stamford-Waterbury-Danbury, CT ... . 29,591 37 ,056 26,578 29,150 28,374 24,029 30 ,839 33,989 39,662 52 ,198 30 ,769 37,7 10 27,614 30,525 29,017 24,672 31 ,507 35,036 40,396 51 ,170 4.0 1.8 3.9 4.7 2.3 2.7 New London-Norwich, CT .... .. ........................ .... ... ................ . New Orleans, LA ......... .................. .................... .......... ..... ..... . New York, NY ........................ .. ... ........... ... ... ... ...... .. .. ............. . Newark. NJ ..... ... .......... .. .... ..... .. ................. .. .. ............. ... .... ... .. Newburgh, NY-PA .... ................... .... .... .. ..................... ... ... .... . . Norfolk-Virginia Beach-Newport News, VA-NC ........ .. ... ... .. ... . Oakland, CA ... ... ........... .. ... .. ............ .... .................................. . Ocala, FL .. ............ ............ .. ....... ....... .......................... ... ... ..... . Odessa-Midland, TX ... ...... ... ... ..... ............ .. ...... ................... ... . Oklahoma City, OK ......... .. ............. .... .. ........... ... ... ........ ... ..... . 38,505 31,089 59,097 47,7 15 29,827 29,875 45,920 26,012 31 ,278 28,915 38,650 32,407 57,708 48,781 30,920 30,823 46,877 26,628 31 ,295 29,850 .5 2.0 2.6 3.9 2.0 4.2 3.9 4.5 3.9 2.2 2.2 3.1 1.9 -2.0 .4 4.2 -2.4 2.2 3.7 3.2 2.1 2.4 .1 3.2 See footnotes at end of table. Monthly Labor Review November 2004 111 Current Labor Statistics: Labor Force Data 26. Continued-Annual data: Quarterly Census of Employment and Wages, by metropolitan area, 2001-02 Average annual wage2 Metropolitan area, 2001 2002 Olympia, WA .......... ......... ...... ....... ..... .. .... .. ............... ... ........... . Omaha, NE-IA .... ........ ... ............. ............................. .... ... ..... ... Orange County, CA ............ .... .. .. ... ..... .... .... ... .... ... ..... ..... .... ... . Orlando, FL ........ ... ............... .... ...... ...................... ......... .. ........ Owensboro, KY .. ... ............... .......... ... ... ................................. . Panama City, FL .................................................................... . Parkersburg-Marietta, WV-OH .. .. .............. ... .. ... ....... .... ......... . Pensacola, FL ............. ............................... .. ................... .... ... . Peoria-Pekin, IL ........ ........ .................................................... .. Philadelphia, PA-NJ .. ........... ...... .. .. .................. ........... ........... . $32,772 31 ,856 40,252 31,276 27,306 26,433 27,920 28,059 33,293 40,231 $33,765 33,107 41 ,219 32,461 28,196 27,448 29,529 28,189 34,261 41,121 Phoenix-Mesa, AZ .... ... ............ ...... ................ ... ............. ........ . Pine Bluff, AR ................................................... ... ..... ... .. ......... Pittsburgh, PA ..... .... ... ................................ ................. ... ...... .. . Pittsfield, MA .... .. ... .... .... ................. .... ... .. ... .. ......... ..... .... .... ..... Pocatello, ID ............. .. ... .... ... ...... ............................................ Portland, ME .. .......................... .... .. .. ....................... ............... . Portland-Vancouver, OR-WA ........................... ....... .. .... ...... .. . Providence-Warwick-Pawtucket, RI ........... ..... .... ............. .. ... . Provo-Orem, UT ........ ............ ......... ............................ ... ........ . Pueblo, CO .... .... .................. ....... ...... ...... .. ........... .................. . 35,514 27,561 35,024 31,561 24,621 32,327 37,285 33,403 28,266 27,097 36,045 28,698 35,625 32,707 25,219 33,309 37,650 34,610 28,416 27,763 Punta Gorda, FL ...... .... .......................................................... . Racine, WI ............... ....... ....... ...... .... ... .... ... ...... ....... ............... . Raleigh-Durham-Chapel Hill, NC ............ ....... ...... .................. . Rapid City, SD ..... .. ............................ ... .. ................ .... ........... . Reading, PA ............. ............. ...... .......... ................................ . Redding, CA .......................................... ......... .. ..................... . Reno, NV .. .......... .. ....... ... .... .. ... .. ...... .................... .... ...... .. ..... .. Richland-Kennewick-Pasco, WA .. .. ... .. .... .............................. . Richmond-Petersburg, VA .... ............ ... ..... .. ....... .. .................. . Riverside-San Bernardino, CA ................ .... .. ... .... ................. . 25,404 33,319 38,691 25,508 32,807 28,129 34,231 33,370 35,879 30,510 26,119 34,368 39,056 26,434 33,912 28,961 34,744 35,174 36,751 31,591 Roanoke, VA .... ... ... .. ..... ......... .. .............. ....... .. ... ... ..... .... ........ Rochester, MN .. ................................. .... .. .............................. . Rochester, NY ... ........... ...................... .... ... ............................ . Rockford, IL ........ ........... .......................... ..... ... .... ......... ... ...... . Rocky Mount, NC ............... ...... .. ......................... ................ .. . Sacramento, CA .. ............. ................... ... .. ... .................... ... ... . Saginaw-Bay City-Midland, Ml .. ...... ... ............. .. ........ .... ........ . St. Cloud, MN .. ...................................................................... . St. Joseph, MO ........ .................... .. ... .... .... .. ............................ St. Louis, MO-IL .................... ..... .... ...... .. .......... ................ ....... 30,330 37,753 34,327 32,104 28,770 38,016 35,429 28,263 27,734 35,928 31 ,775 39,036 34,827 32,827 28,893 39,354 35,444 29,535 28,507 36,712 Salem, OR ........................ ..................... .. .... .......... .. .............. . Salinas, CA .... .. ............. ........ .......... .. ................ .......... ........... . Salt Lake City-Ogden, UT ................... ..... ............. ..... ............ . San Angelo, TX ..... .. ... ...... ... ............. ..... .... ...................... ...... . San Antonio, TX ...................... ............... ................... ... ... ... .. .. San Diego, CA .... ..... .................. ... .. .... ...... ............ ..... .. ... .... ... . San Francisco, CA ...................... .... ................. ............ .. ........ . San Jose, CA ............. .... ................ ......................................... San Luis Obispo-Atascadero-Paso Robles, CA .................... . Santa Barbara-Santa Maria-Lompoc, CA ... ..... .. .................... . 28,336 31,735 31,965 26,147 30,650 38,418 59,654 65,931 29,092 33,626 29,210 32,463 32,600 26,321 31,336 39,305 56,602 63,056 29,981 34,382 Santa Cruz-Watsonville, CA .. .. ....... ...... .... .......................... ... . Santa Fe, NM ............... ............................... ... ................ ....... . Santa Rosa, CA ..... ................ .... .. ..... ..... ........................ ... ..... . Sarasota-Bradenton, FL ...................... ......... .. ... ... ... ...... ..... ... . Savannah, GA .... ........... ........ ..... .............. ... .... .... ... ....... ... .. ... . Scranton-Wilkes-Barre-Hazleto n, PA .................................. . Seattle-Bellevue-Everett, WA ............... ......... ........... ... ...... .... . Sharon, PA ................................. ... .. .... ................... ...... ..... ... .. Sheboygan, WI ..... ... ... .......................................................... . . Sherman-Denison, TX ......... ........... ......... ......... .. ................ .... 35,022 30,671 36,145 27,958 30,176 28,642 45,299 26,707 30 ,840 30,397 35,721 32,269 36,494 28,950 30,796 29,336 46,093 27,872 32,148 30,085 Shreveport-Bossier City, LA ......... ... .... ..... ..... .. .... ................. .. Sioux City, IA-NE ........................... ... ............................. .. ...... . Sioux Falls, SD .. ................. ........... ............................. .. ......... . South Bend, IN .... .................................... ..... .... .... ................. . Spokane, WA ............. .... .......... ............................. ................. . Springfield, IL ... ... ......... .... ... ................... .................. ... .... .. ..... . Springfield, MO .... .... .... ... .............. ............................. ........... .. Springfield, MA .. .. ....................... ..... .. .............. .. .... ..... ..... ...... . State College, PA ............ ..................... ... ... ...................... .... .. Steubenville-Weirton, OH-WV ....... ....... .... ..... ... ... .... .. .. .......... . 27,856 26,755 28,962 30,769 29,310 36,061 27,338 32,801 29,939 28,483 28,769 27,543 29,975 31,821 30,037 37,336 27,987 33,972 30,910 29,129 See footnotes at end of table. 112 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 Percent change, 2001-02 3.0 3.9 2.4 3.8 3.3 3.8 5.8 .5 2.9 2.2 1.5 4.1 1.7 3.6 2.4 3.0 1.0 3.6 .5 2.5 2.8 3.1 .9 3.6 3.4 3.0 1.5 5.4 2.4 3.5 4.8 3.4 1.5 2.3 .4 3.5 .0 4.5 2.8 2.2 3.1 2.3 2.0 .7 2.2 2.3 -5.1 -4.4 3.1 2.2 2.0 5.2 1.0 3.5 2.1 2.4 1.8 4.4 4.2 -1.0 3.3 2.9 3.5 3.4 2.5 3.5 2.4 3.6 3.2 2.3 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 26. Continued-Annual data: Quarterly Census of Employment and Wages, by metropolitan area, 2001-02 Average annual wage2 Metropolitan area 1 Percent change, 2001-02 2001 2002 Stockton-Lodi, CA .................................. .. ........... ........ ... .. .. .. .. . Sumter, SC ... ...... .. ......... ... .... ... .............. ... .......... .... ............... . Syracuse, NY ....................................................... ... ............... . Tacoma, WA .... ... ..... .. .. .... .... .. ....... ... ... .... ... ....... ..... ................ . Tallahassee, FL .. .............. ... ... ............... .. .......... .................... . Tampa-St. Petersburg-Clearwater, FL .. .. ....................... ....... . Terre Haute, IN ... ........... ... .................................. .......... ... .. .... . Texarkana, TX-Texarkana, AR .. .. .. ..... .. .. .. .... .. .......... ............ .. Toledo, OH ..................... .... .. .......... ... .......... ..... ..................... . Topeka, KS .... .. ......... .. ... ................ .. ... .................................... $30,818 24,450 32,254 31 ,261 29,708 31 ,678 27,334 26,492 32,299 30,513 $31 ,958 24,982 33,752 32,507 30,895 32,458 28,415 27,717 33,513 31,707 3.7 2.2 4.6 4.0 4.0 2.5 4.0 4.6 3.8 3.9 Trenton, NJ .. .............. ... .............. .......................... ........... ...... . Tucson, AZ. ......................................... ....... ... ....... .................. . Tulsa, OK ................. .......... ... ... ... .............. .. ..... .................. .. .. . Tuscaloosa, AL ........... ... ......... .... .. ............ ...... .. ............... ...... . Tyler, TX ......... ............. ............. .. .......... .......................... ....... . Utica-Rome, NY ........ .. .. .......... ... .. ............... ........................... . Vallejo-Fairfield-Napa, CA .. ........... ... ..................................... . Ventura, CA ...... ..................................................................... . Victoria, TX ....... ........ .. ........ .. ... .... .. ..... ............................... ... .. Vineland-Millville-Bridgeton, NJ ... ......... ... ................. ............. . 46,831 30 ,690 31,904 29,972 30,551 27,777 33,903 37,783 29,068 32,571 47,969 31 ,673 32,241 30,745 31,050 28,500 34,543 38,195 29,168 33,625 2.4 3.2 1.1 2.6 1.6 2.6 1.9 1.1 Visalia-Tulare-Porterville, CA ....................... ................ .......... Waco, TX ................ .............. ............... .. ......................... ...... .. Washington, DC-MD-VA-WV ...................... ........ .................. .. Waterloo-Cedar Falls, IA ........................................... ........... .. Wausau, WI ............. .......... .................................. ......... ... ...... . West Palm Beach-Boca Raton, FL .............. ... ..................... ... Wheeling, WV-OH ... ......... ... ..................... ..................... ........ . Wichita, KS ................ .......... ............ .... ....... ........................... . Wichita Falls, TX .... .. ... ......... .. .... .... ......... ............. .......... ........ . Williamsport, PA .................. .. .... ..... .. ......... ............... ..... ........ . 24,732 28,245 47,589 29,119 29,402 35,957 26,282 32,983 25,557 27,801 25,650 28,885 48,430 29,916 30,292 36,550 26,693 33,429 26,387 27,988 3.7 2.3 1.8 2.7 3.0 1.6 1.6 1.4 3.2 Wilmington-Newark, DE-MD ......... ...... .. .... .......... ....... .. ... ... .. .. . Wilmington, NC ....... .. .... .. ......... .... .. .. ...... .. ..... ...... ... .... .. ... .... .. .. Yakima, WA .. .......................... ...................... .................... ... ... Yolo, CA .................... ... .............. .. ............ ... .......................... . York, PA ........ .. ......... ............................................................ .. Youngstown-Warren, OH ............. .. ... ................. .. ................. . 43,401 29,157 24,934 35,591 32,609 29,799 28,967 23,429 2.9 -.4 3.0 ~~~~~~· .~~.::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: 42,177 29,287 24,204 35,352 31 ,936 28,789 27,781 22,415 Aguadilla, PR .................. ... ...... ... ... ... .......... .... .. .......... .. ... .... ... Arecibo, PR ...... ...................................................................... Caguas, PR ......... .. .................. .......................... .................... . Mayaguez, PR .......... ............... ... ..... .. ................. ... ................. Ponce, PR .. .. .. .... .. ............ ............ ..................... .. .. .... ............ . San Juan-Bayamon, PR ....................... ................................. . 18,061 16,600 18,655 17,101 17,397 20,948 19,283 18,063 19,706 17,500 18,187 21 ,930 6.8 8.8 5.6 2.3 4.5 4.7 .3 3.2 .7 .7 2.1 3.5 4.3 4.5 1 Includes data for Metropolitan Statistical Areas (MSA) and Primary Metropolitan Statistical Areas (PMSA) as defined by 0MB Bulletin No. 99-04. In the New England areas, the New England County Metropolitan Area (NECMA) definitions were used. 2 Each year's total is based on the MSA definition for the specific year. differences resulting from changes in MSA definitions. 3 Annual changes include Totals do not include the six MSAs within Puerto Rico. NOTE : Includes workers covered by Unemployment Insurance (UI) and Unemployment Compensation for Federal Employees (UCFE) programs. Monthly Labor Review November 2004 113 Current Labor Statistics: Labor Force Data 27. Annual data: Employment status of the population [Numbers in thousands] Employment status Civilian noninstitutional population .......... . Civilian labor force ............................... . Labor force participation rate .. ............ Employed ....... ........ ..................... .. . Employment-population ratio ...... ... Unemployed ............. ....... ... ..... ... .... Unemployment rate .................. ..... Not in the labor force ............... ..... ......... 1 1993 19941 1995 1996 199i 1998 1 1999 1 2000 1 2001 2002 2003 194,838 129,200 196,814 131 ,056 66.6 123,060 62.5 7,996 198,584 132,304 66.6 124,900 62.9 7,404 200,591 133,943 203,133 136,297 207,753 139,368 212,577 142,583 67.1 129,558 63.8 6,739 67.1 133,488 64.3 5,880 67.1 136,891 64.4 5,692 221,168 146,510 66.2 137,736 6.1 65,758 5.6 66,280 5.4 66,647 66,836 4.5 67,547 4.2 68,385 4.0 69,994 215,092 143,734 66.8 136,933 63.7 6,801 4.7 217,570 144,863 66.8 126,708 63.2 7,236 205,220 137,673 67.1 131,463 64.1 6,210 66.3 120,259 61.7 8,940 6.9 65,638 4.9 71,359 66.6 136,485 62.7 8,378 5.8 72,707 62.3 8,774 6.0 74,658 Not strictly comparable with prior years. 28. Annual data: Employment levels by industry [In thousands] Industry 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 .. 91 ,855 95,016 97,866 100,169 103,113 106,021 108,686 110,996 110,707 108,828 108,356 Total nonfarm employment.. ......... ........ ... Goods-producing ......... .................... ....... . Natural resources and mining ................ Construction .. ... .................. ..... ..... .. ..... . Manufacturing ............. .................. ........ 110,844 22 ,219 666 4,779 16,744 114,291 22,774 659 5,095 17,021 117,298 23,156 641 5,274 17,241 119,708 23,410 637 5,536 17,237 122,770 23,886 654 5,813 17,419 125,930 24,354 645 6,149 17,560 128,993 24,465 598 6,545 17,322 131,785 24,649 599 6,787 17,263 131,826 23,873 606 6,826 16,441 130,341 22,557 583 6,716 15,259 129,931 21 ,817 571 6,722 14,525 Private service-providing ..... ..................... Trade, transportation, and utilities .......... Wholesale trade .................... ...... ... .... Retail trade .................................. ... .. Transportation and warehousing ........ Utilities ...... ..................... ......... .. ...... . Information .......................... .... ......... .. Financial activities ........... ..... ........ ...... .. Professional and business services ..... Education and health services ... ....... .. Leisure and hospitality .. .. ..... ......... .. .. Other services ..... ........ ... .... .. ... ...... .. 69,636 22,378 5,093.2 13,020.5 3,553.8 710.7 2,668 6,709 11,495 12,303 9,732 4,350 72 ,242 23,128 5,247.3 13,490.8 3,701.0 689.3 2,738 6,867 12,174 12,807 10,100 4,428 74,710 23,834 5,433.1 13,896.7 3,837.8 666.2 2,843 6,827 12,844 13,289 10,501 4,572 76,759 24,239 5,522 .0 14,142.5 3,935.3 639.6 2,940 6,969 13,462 13,683 10,777 4,690 79,227 24,700 5,663.9 14,388.9 4,026.5 620 .9 3,084 7,178 14,335 14,087 11,018 4,825 81,667 25,186 5,795.2 14,609.3 4,168.0 613.4 3,218 7,462 15,147 14,446 11,232 4,976 84,221 25,771 5,892 .5 14,970 .1 4,300.3 608.5 3,419 7,648 15,957 14,798 11,543 5,087 86,346 26,225 5,933.2 15,279.8 4,410.3 601 .3 3,631 7,687 16,666 15,109 11 ,862 5,168 86,834 25,983 5,772.7 15,238.6 4,372.0 599.4 3,629 7,807 16,476 15,645 12,036 5,258 86,271 25,497 5,652 .3 15,025.1 4,223.6 596.2 3,395 7,847 15,976 16,199 11 ,986 5,372 86,538 25,275 5,605.6 14,911 .5 4,176.7 580.8 3,198 7,974 15,997 16,577 12,125 5,393 Total private employment... .. ................ ..... Government. ........... .. .................... ....... 18,989 19,275 19,432 19,539 19,664 19,909 20,307 20,790 21 ,118 21 ,513 NOTE : Data reflect the conversion to the 2002 version of the North American Industry Classification System (NAICS), replacing the Standard lndustrrial Classification (SIC) system. NAICS-based data by industry are not comparable with SIC-based data. See "Notes on the data" for a description of the most recent benchmark revision. 114 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 21,575 29. Annual data: Average hours and earnings of production or nonsupervisory workers on nonfarm payrolls, by industry 1996 1997 1998 1999 2000 2001 Industry 1993 1994 1995 2002 2003 Private sector: Average weekly hours ........ .... .......... ... ..... ... .. .... ... .. . Average hourly earnings (in dollars) ... ... .......... ........ Average weekly earnings (in dollars) ........ .......... ... .. 34.3 11.03 378.40 34.5 11 .32 390.73 34.3 11.64 399.53 34.3 12.03 412.74 34.5 12.49 431.25 34.5 13.00 448.04 34.3 13.47 462.49 34.3 14.00 480 .41 34.0 14.53 493.20 33.9 14.95 506.07 33.7 15.35 517.36 Goods-produclnQ: Average weekly hours .................................... ........ Average hourly earnings (in dollars) ...................... Average weekly earnings (in dollars) ....... ........ ...... 40.6 12.28 498.82 41.1 12.63 519.58 40.8 12.96 528.62 40.8 13.38 546.48 41.1 13.82 568.43 40 .8 14.23 580.99 40.8 14.71 599.99 40.7 15.27 621 .86 39.9 15.78 630.04 39.9 16.33 651 .61 39.8 16.80 669.23 44.9 14.12 634.77 45.3 14.41 653.14 45.3 14.78 670.32 46.0 15.10 695.07 46.2 15.57 720.11 44.9 16.20 727.28 44.2 16.33 721 .74 44.4 16.55 734.92 44.6 17.00 757.92 43.2 17.19 741 .97 43.6 17.58 766.83 38.4 14.04 539.81 38.8 14.38 558.53 38.8 14.73 571 .57 38.9 15.11 588.48 38.9 15.67 609.48 38.8 16.23 629.75 39.0 16.80 655.11 39.2 17.48 685.78 38.7 18.00 695.89 38.4 18.52 711 .82 38.4 18.95 727.11 41 .1 11 .70 480.80 41 .7 12.04 502.12 41 .3 12.34 509.26 41 .3 12.75 526.55 41 .7 13.14 548.22 41 .4 13.45 557.12 41 .4 13.85 573.17 41.3 14.32 590.65 40.3 14.76 595.19 40.5 15.29 618.75 40.4 15.74 636.07 32.5 10.60 345.03 32.7 10.87 354.97 32.6 11.19 364.14 32.6 11.57 376.72 32.8 12.05 394.77 32.8 12.59 412 .78 32.7 13.07 427.30 32.7 13.60 445.00 32.5 14.16 460 .32 32.5 14.56 472.88 32.4 14.96 484.00 34.1 10.55 359.33 34.3 10.80 370.38 34.1 11.10 378.79 34.1 11.46 390.64 34.3 11.90 407.57 34.2 12.39 423.30 33.9 12.82 434.31 33.8 13.31 449.88 33.5 13.70 459.53 33.6 14.02 471.27 33.6 14.34 481.10 38.5 12.57 484.46 38.8 12.93 501.17 38.6 13.34 515.14 38.6 13.80 533.29 38.8 14.41 559.39 38.6 15.07 582.21 38.6 15.62 602.77 38.8 16.28 631 .40 38.4 16.77 643.45 38.0 16.98 644.38 37.8 17.36 657.12 30.7 8.36 484.46 30.9 8.61 501.17 30.8 8.85 515.14 30.7 9.21 533.29 30.9 9.59 559.39 30.9 10.05 582.21 30.8 10.45 602.77 30.7 10.86 631.40 30 .7 11 .29 643.45 30.9 11.67 644.38 30.9 11 .90 657.12 38.9 12.71 494.36 39.5 12.84 507.27 38.9 13.18 513.37 39.1 13.45 525.60 39.4 13.78 542.55 38.7 14.12 546.86 37.6 14.55 547.97 37.4 15.05 562.31 36.7 15.33 562.70 36.8 15.76 579.75 36.8 16.25 597.79 42.1 17.95 756.35 42.3 18.66 789.98 42.3 19.19 811 .52 42.0 19.78 830.74 42.0 20.59 865.26 42.0 21 .48 902.94 42.0 22.03 924.59 42.0 22.75 955.66 41 .4 23.58 977.18 40.9 23.96 979.09 41 .1 24 .76 1,016.94 36.0 14.86 535.25 36.0 15.32 551.28 36.0 15.68 564.98 36.4 16.30 592.68 36.3 17.14 622.40 36.6 17.67 646.52 36.7 18.40 675.32 36.8 19.07 700.89 36.9 19.80 731 .11 36.5 20.20 738.17 36.2 21 .01 761.13 35.5 11.36 403.02 35.5 11.82 419.20 35.5 12.28 436.12 35.5 12.71 451 .49 35.7 13.22 472.37 36.0 13.93 500 .95 35.8 14.47 517.57 35.9 14.98 537.37 35.8 15.59 558.02 35.6 16.17 575.51 35.5 17.13 608.87 34.0 11.96 406.20 34.1 12.15 414.16 34.0 12.53 426.44 34.1 13.00 442.81 34.3 13.57 465.51 34.3 14.27 490.00 34.4 14.85 510.99 34.5 15.52 535.07 34.2 16.33 557.84 34.2 16.81 574.66 34.1 17.20 586.68 32.0 11 .21 359.08 32.0 11 .50 368.14 32.0 11 .80 377.73 31 .9 12.17 388.27 32.2 12.56 404.65 32.2 13.00 418.82 32 .1 13.44 431.35 32.2 13.95 449.29 32.3 14.64 473.39 32.4 15.21 492.74 32.3 15.64 505.76 25.9 6.32 163.45 26.0 6.46 168.00 25.9 6.62 171 .43 25.9 6.82 176.48 26.0 7.13 185.81 26.2 7.48 195.82 26.1 7.76 202.87 26.1 8.11 211 .79 25.8 8.35 215.19 25.8 8.58 221 .26 25.6 8.76 224.25 32.6 9.90 322.69 32.7 10.18 332.44 32.6 10.51 342.36 32.5 10.85 352.62 32.7 11 .29 368.63 32.6 11.79 384.25 32.5 12.26 398.77 32.5 12.73 413.41 32.3 13.27 428.64 32.0 13.72 439.76 31 .4 13.84 434.49 Natural resources and mlnlnA Average weekly hours ..................... .. ........ ... ......... Average hourly earnings (in dollars) ..................... Average weekly earnings (in dollars) .................... Construction: Average weekly hours ........................................... Average hourly earnings (in dollars) .......... ... ... .... . Average weekly earnings (in dollars) .. .... ...... .. .. .... Manufacturing: Average weekly hours ....... .. ............................. ..... Average hourly earnings (in dollars) ..................... Average weekly earnings (in dollars) .................... Private service-providing: Average weekly hours ... ....... ................................ Average hourly earnings (in dollars) ............. ......... Average weekly earnings (in dollars) ..................... Trade, transportation, and utllltles: Average weekly hours .................................. .. ........ Average hourly earnings (in dollars) ........... ....... .... Average weekly earnings (in dollars) .. ................... Wholesale trade: Average weekly hours ........................................ Average hourly earnings (in dollars) ... .... ... ........ Average weekly earnings (in dollars) ... .. ... .... ..... Retall trade: Average weekly hours ... .... .. ............................... Average hourly earnings (in dollars) ... .... ......... .. Average weekly earnings (in dollars) ................. Transportation and warehousing: Average weekly hours ........................................ Average hourly earnings (in dollars) .................. Average weekly earnings (in dollars) .. ... ..... ... .... Utllltles: Average weekly hours ............................ .. .......... Average hourly earnings (in dollars) .... ... ... ........ Average weekly earnings (in dollars) ... .. ....... ..... Information: Average weekly hours .. ... ............... .................... Average hourly earnings (in dollars) .. ... ....... .. .... Average weekly earnings (in dollars) ......... .. .... .. Financial activities: Average weekly hours ... ... .................................. Average hourly earnings (in dollars) .. ................ Average weekly earnings (in dollars) .. ... ... ......... Professional and business services: Average weekly hours ............... ................... .. .. .. Average hourly earnings (in dollars) .................. Average weekly earnings (in dollars) ................. Education and health services: Average weekly hours ... .. ... .. .... ... ....................... Average hourly earnings (in dollars) .................. Average weekly earnings (in dollars) .. ... ............ Leisure and hospitality: Average weekly hours ................ .. ...... .. .............. Average hourly earnings (in dollars) ............. ..... Average weekly earnings (in dollars) ................ . Other services: Average weekly hours ................ ........... .......... ... Average hourly earnings (in dollars) ....... ........... Average weekly earnings (in dollars) ................. NOTE: Data reflect the conversion to the 2002 version of the North American Industry Classification System (NAICS), replacing the Standard Industrial Classification (SIC) system. NAICS-based data by industry are not comparable with SIC-based data. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 115 Current Labor Statistics: Compensation & Industrial Relations 30. Employment Cost Index, compensation, 1 by occupation and industry group [June 1989 = 100] 2002 Series Sept. 2003 Dec. Mar. June 2004 Sept. Dec. Mar. June Percent change Sept. 3 months 12 months ended ended Sept. 2004 Civilian workers 2 161 .3 162.2 164.5 165.8 167.6 168.4 170.7 172.2 173.9 1.0 3.8 163.5 161 .4 166.3 164.9 156.4 161.3 164.3 162.4 166.7 166.1 157.5 162.2 166.7 164.1 171 .1 168.3 159.8 164.1 167.9 165.0 172.0 170.0 161.4 165.0 169.9 167.0 174.0 171 .7 162.9 166.8 170.7 168.0 174.9 172.5 163.7 167.9 172.7 170.2 175.8 175.3 166.9 169.7 174.0 171.2 177.1 177.2 168.8 170.9 175.8 173.6 178.2 178.7 170.1 172.7 1.0 1.4 .6 .8 .8 1.1 3.5 4.0 2.4 4.1 4.4 3.5 158.7 159.1 162.2 163.2 163.1 165.7 161 .6 160.2 161 .7 169.2 160.5 162.8 163.9 164.5 167.6 162.8 161.7 162.4 163.1 164.0 165.0 165.3 166.4 169.9 163.6 163.4 164.5 164.6 165.4 166.2 166.3 167.6 170.8 164.2 164.3 165.8 165.8 166.5 168.2 168.5 169.3 173.1 166.9 167.3 167.8 166.8 167.1 169.1 169.5 170.7 174.8 167.6 168.1 168.6 170.4 171 .7 170.8 171.2 173.0 176.8 168.5 170.1 170.4 171 .9 173.2 172.3 172.3 174.4 178.2 168.9 171.4 171 .8 173.4 174.9 174.0 174.5 176.7 180.5 171.8 174.1 173.5 .9 1.0 1.0 1.3 1.3 1.3 1.7 1.6 1.0 4.6 5.0 3.4 3.6 4.4 4.3 2.9 4.1 3.4 Private industry workers ........... ... ..... .. ........ ................ . Excluding sales occupations ........................................ .. 161 .6 161 .6 162.3 162.4 165.0 165.1 166.4 166.6 168.1 168.1 168.8 169.0 171.4 171.6 173.0 173.2 174.4 174.6 .8 .9 3.7 3.9 Workers, by occupational group: White-collar workers ................. .......................... ............ .. Excluding sales occupations .. ..................................... . Professional specialty and technical occupations ........ .. Executive, adminitrative, and managerial occupations .. Sales occupations .... .... ........................... .................... . Administrative support occupations, including clerical. .. Blue-collar workers .. .................. ............................... ..... .. Precision production , craft, and repair occupations ...... . Machine operators, assemblers, and inspectors .......... .. Transportation and material moving occupations ......... .. Handlers, equipment cleaners, helpers, and laborers .. .. 164.6 165.3 163.6 167.0 161 .6 165.6 156.3 156.9 155.4 151.0 161 .4 165.2 165.9 164.4 167.2 161 .9 166.7 157.3 157.8 156.7 151 .8 162.9 168.1 169.1 166.5 172.1 163.5 169.0 159.7 160.0 159.9 153.2 164.9 169.4 170.4 167.7 173.1 165.1 170.9 161 .4 162.0 161 .1 155.1 166.8 171.2 172.1 169.4 175.0 167.2 172.3 162.8 163.1 162.6 156.7 168.6 172.0 173.0 170.5 175.9 167.1 173.2 163.6 164.2 163.2 156.9 169.5 174.2 175.3 173.4 176.8 169.2 176.1 166.9 167.1 168.7 158.5 171 .7 175.7 176.7 174.7 178.1 171 .2 178.1 168.8 169.1 170.5 160.6 173.2 177.3 178.3 176.8 179.2 173.1 179.4 170.1 170.2 172.2 161.8 174.3 .8 .9 .9 1.2 .6 1.1 .7 .8 .7 1.0 .7 3.6 3.6 4.4 2.4 3.5 4.1 4.5 4.4 5 .9 3.3 3.4 .. Workers, by occupational group: White-collar workers ............. ............................................. . Professional specialty and technical. .............................. . Executive, adminitrative, and managerial. ............ ........ . Administrative support, including clerical. ...... .... ..... ..... .. Blue-collar workers .................................................. ........ .. Service occupations ................... ........ ........ ....................... . Workers, by industry division: Goods-producing ... ... .................... ... ......... .... .. ............... .... . Manufacturing .......................... .. ........... .......................... . Service-producing ................... ..... ...... .... . Services ............... ....... ............................. ... ........ .. .......... . Health services ............................................. ................. . Hospitals .. ........ ..... ....... ............................................... . Educational services ........ ... ........... ..................... ........... 3 Public administration ...... ..... ..... .... ... ......•..•... Nonmanufacturing ........ ........... .......... ........... ... Service occupations .......... ............................................ . 159.0 159.8 161 .7 162.6 163.8 164.3 166.9 168.2 168.9 .6 3.1 159.7 160.5 162.6 164.1 165.7 166.6 169.3 171 .0 172.4 .4 4.0 Workers, by industry division: Goods-producing ........... ............ .................. .. ... ............... . Excluding sales occupations ..................... ... ... ... ...... .. White-collar occupations ................................ ... ....... ... . Excluding sales occupations ................................... .. Blue-collar occupations ......... ...................................... . Construction ............................ .. .................................... . Manufacturing ........ ... .. ....... .. ...... ....... .. .... ...................... . White-collar occupations ....................... ...................... . Excluding sales occupations .. .... .. ........................... .. Blue-collar occupations ................................... ....... ..... . Durables ............................. ....... ....... ............................ . Nondurables .................. .. .............. .. ...... ........................ . 158.6 157.9 162.9 161 .1 155.9 156.3 159.1 162.2 159.6 156.7 158.9 159.2 160.1 159.2 164.3 162.3 157.3 157.9 160.5 163.3 160.7 158.3 160.6 160.3 163.0 162.4 167.8 166.3 159.9 159.1 164.0 167.1 165.1 161.6 164.4 163.1 164.5 163.8 169.2 167.5 161 .5 161.1 165.4 168.7 166.4 162.8 165.5 164.9 165.7 165.0 170.1 168.5 162.9 162.3 166.5 169.5 167.4 164.1 166.6 166.0 166.5 165.9 170.5 169.2 163.9 163.3 167.1 169.6 167.8 165.1 167.3 166.6 170.3 169.8 173.5 172.2 168.1 164.6 171.7 173.2 171 .3 170.4 172.4 170.4 171.8 171.2 174.7 173.3 169.8 165.9 173.2 174.6 172.6 172.0 174.0 171 .7 173.3 172.5 176.4 174.5 171.3 167.0 174.9 176.4 174.1 173.7 175.8 173.1 .8 .9 .8 1.0 .7 .9 .7 1.0 .9 1.0 1.0 .8 4.6 4.5 3.3 3.6 5.2 2.9 5.0 4.1 4.0 5.9 5.5 4.3 Service-producing ...... ...... .. ......................... ... ... ... ... .. .. ... .. . Excluding sales occupations ............. .. ............ .......... . White-collar occupations .................... ........... ...... ........ . Excluding sales occupations .................................... . Blue-collar occupations .. ............................... .. .... ........ . Service occupations ........... ..... ............... .. .................. . Transportation and public utilities .................. .............. .. Transportation ....... .... ..................................... ... ...... .... . Public utilities ..................... .. ...... ............. ... ... ... Communications ............. .... ....... .. ............................. . Electric, gas, and sanitary services .......................... . Wholesale and retail trade ............................. ............... . Excluding sales occupations ................................... .. Wholesale trade ....................... ........... .. ... .............. ..... . Excluding sales occupations ............. ................ ... ... .. Retail trade ... ......................... ................... ...... .. .......... . General merchandise stores ............. ............... ........ .. Food stores ............................ .................................. .. 162.7 163.5 164.7 166.5 156.6 158.5 160.8 155.4 168.2 169.0 167.2 159.6 160.3 165.9 166.1 156.0 156.1 156.3 163.1 164.0 165.1 167.0 156.9 159.3 161.7 156.1 169.2 170.1 168.1 159.7 160.4 166.7 167.2 155.8 155.1 156.3 165.6 166.6 167.9 169.9 158.7 161 .1 163.2 157.8 170.5 171 .3 169.5 161 .3 161 .8 169.5 168.4 156.6 156.4 157.5 167.0 168.0 169.2 171.3 160.8 162.0 165.4 158.9 174.2 175.5 172.6 162.5 162.7 171 .3 169.9 157.4 159.2 158.6 168.8 169.7 171 .2 173.1 162.2 163.2 166.5 159.4 176.4 178.4 173.8 164.3 165.0 172.0 171.2 159.9 161 .2 159.3 169.7 170.6 172.0 174.2 162.6 164.3 167.0 159.6 177.0 179.0 174.6 165.0 165.9 172.0 171.3 161.0 165.6 160.3 171.6 172.5 174.1 176.2 164.1 166.1 169.8 162.0 180.4 182.2 178.2 166.3 167.4 173.8 173.7 ·162.1 165.8 162.1 173.3 174.2 175.7 177.8 166.4 167.4 172.5 164.7 183.1 183.6 182.4 168.1 168.6 175.9 174.0 163.7 166.2 163.5 174.7 175.6 177.3 179.4 167.4 168.1 173.6 166.2 183.6 183.6 183.3 169.1 169.6 177.8 175.3 164.2 168.8 163.5 .8 .8 .9 .9 .6 .4 .6 .9 .3 .1 .5 .6 .6 1.1 .7 .3 1.6 .0 3.5 3.5 3.6 3.6 3.2 3.0 4.3 4.3 4.1 3.0 5.5 2.9 2.8 3.4 2.4 2.7 4.7 2.6 Production and nonsupervisory occupations 4 .. ~ - - ~ - - ~ - - ~ - - - ~ - - ~ - - ~ - - - ~- - ~ - -~ ------+------- See footnotes at end of table. 116 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 30. Continued-Employment Cost Index, compensation, 1 by occupation and industry group [June 1989 = 100) 2002 Series Sept. 2003 Dec. Mar. June 2004 Dec. Sept. Mar. June Percent change Sept. 3 months 12 months ended ended Sept. 2004 Finance, insurance, and real estate .. ... .......................... 168.0 168.5 176.7 178.3 180.2 180.9 182.5 183.6 184.8 0.7 2.6 Excluding sales occupations .. ......... .......... ... ... ......... . BankinQ, savinQs and loan. and other credit aQencies. Insurance .................. .................. .................................. Services ... ....... .. ................. .... ..... .................... ... ...... .. ... .. Business services .................... .... ...... .......................... Health services .. .. ... ... .......... .. .. ... ...... .... ... ................ ..... Hospitals ........... ......................................... ................ Educational services ...... ······· ··········· ············· · Colleges and universities ............. .. ... .. ... .... .. ... ........... 172.1 184.6 167.1 164.9 167.2 163.2 166.2 173.5 172.0 173.1 185.3 167.9 165.4 167.5 164.4 168.1 175.2 173.7 182.0 204.3 172.1 167.1 168.5 166.5 170.8 176.3 174.5 184.0 206.3 173.9 168.4 169.2 167.9 171.9 177.1 175.4 1,853.0 207.6 175.1 170.4 171.9 169.4 173.9 180.2 178.4 186.1 209.0 176.2 171.4 172.6 170.8 175.9 181.3 179.4 186.6 207.2 177.8 173.5 174.8 173.3 178.1 183.1 181 .2 188.7 208.9 180.5 175.1 176.9 174.8 179.7 184.2 182.5 190.9 210.5 182.1 176.9 178.5 177.0 181 .8 187.0 185.2 .1 .8 .9 1.0 .9 1.3 1.2 1.5 1.5 2.5 1.4 4.0 3.8 3.8 4.5 4.5 3.8 3.8 Nonmanufacturing ....................................... .. .............. ... 162.0 162.5 164.9 166.4 168.1 169.0 170.9 172.5 173.9 .8 3.5 .. ........... ............. ....... White-collar workers ... ..... Excl uding sales occupations ........................... .. .. .... . Blue-collar occupations ....... .. ........................... .. ..... ..... Service occupations ..... ................. .. ......... ................. . 164.8 166.6 155.4 158.4 165.3 167.1 155.9 159.2 168.0 170.0 157.5 161 .1 169.3 171.4 159.7 162.0 171.2 173.2 161 .1 163.2 172.1 174.2 161.7 162.4 174.1 176.2 163.4 166.0 175.7 177.7 165.5 167.3 177.2 179.3 166.4 168.0 .9 .9 .5 .4 3.5 3.5 3.3 2.9 St;1te and local government workers ..... .............................. 160.1 161 .5 162.6 163.2 165.9 166.8 168.0 168.7 171.5 1.7 3.4 159.3 158.1 162.3 161.0 158.4 160.7 159.4 163.8 162.4 159.8 161.7 160.2 165.3 163.8 161 .3 162.2 160.8 165.7 164.4 161 .7 164.9 163.4 168.0 167.9 163.6 165.7 164.1 169.1 168.5 165.2 166.8 165.1 170.1 170.4 166.7 167.5 165.6 171.0 171.8 167.5 170.0 168.4 172.1 174.3 169.9 1.5 1.7 .6 1.5 1.4 3.1 3.1 2.4 3.8 3.9 Services .................. .. .. ... ... ........ ........ ... ........ ...... .... ... ...... .. 159.7 160.9 161 .8 162.3 162.8 165.5 166.2 160.3 160.7 158.8 165.8 161 .7 164.0 166.4 167.0 161 .1 161 .4 159.4 167.0 163.4 164.2 166.7 167.3 161.7 162.0 160.0 167.5 164.3 165.7 168.2 171.0 171.4 165.0 165.3 163.7 170.0 168.1 166.5 169.4 172.2 172.4 165.7 166.0 164.4 170.7 170.1 166.8 170.1 172.9 173.2 165.9 166.3 164.6 171.0 171.4 1.7 161.0 163.5 164.1 159.2 159.6 157.7 164.7 160.2 164.9 166.8 169.5 170.3 164.3 164.7 163.0 169.2 167.3 169.7 Services excludinQ schools5 . Health services ................. ···· ··· ····· ······· Hospitals .. ............................... ................. ... ... .... ........ Educational services ..... .. .......... ... .. ............................... Schools ........... .. ....... ..................................... ............ Elementary and secondary ................... .. ...... .. ... ..... Colleges and universities .. .... .. ... .. ............. ............ .. 173.0 175.7 176.3 168.8 169.2 168.0 172.4 174.1 1.7 1.6 1.8 1.7 1.7 2.1 .8 1.6 2.9 3.7 3.7 3.5 2.7 2.7 3.1 1.9 4.1 Workers, by occupational group: White-collar workers ......... ....... .. ........................................ . Professional specialty and technical. .......... .................. .. . Executive, administrative, and managerial .. ......... .......... Admini strative support, including clerical .. ... . Blue-collar workers ........... .................................. .......... ..... Workers , by industry division: Public administration 3 .. 1 Cost (cents per hour worked) measured in the Employment Cost Index consists of wages, salaries, and employer cost of employee benefits. 2 Consi sts of private industry workers (excluding farm and household workers) and State and local government (excluding Federal Government) workers. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 Consists of legislative, judicial, administrative, and regulatory activities. 4 This series has the same industry and occupational coverage as the Hourly Earni ngs index, whi ch was discontinued in January 1989. 5 Includes, for example, library, social, and health services. Monthly Labor Review November 2004 117 Current Labor Statistics: Compensation & Industrial Relations 31. Employment Cost Index, wages and salaries, by occupation and industry group [June 1989 = 100] 2002 2003 2004 Percent change Series Sept. Dec. Mar. June Sept. Dec. Mar. June Sept. 3 months 12 months ended ended Sept. 2004 1 Clvlllan workers ..... ······· ······························· ··············•·· ···· 157.2 157.8 159.3 160.3 161 .8 162.3 163.3 164.3 165.7 0.9 2.4 Workers, by occupational group: White-collar workers ....................................................... .... Professional specialty and technical. ............................... l:.xecutive, adminitrative, and managerial.. .. .... .............. Administrative support, including clerical... .............. ...... Blue-collar workers ... .. .. ...................... ................. ... ........... Service occupations ................................ ............... ... ......... 159.6 158.0 163.5 159.6 151 .9 ·55.2 160.1 158.6 163.8 160.6 152.6 156.9 161.9 159.3 167.9 161 .8 153.8 158.0 162.9 160.1 169.0 163.1 154.8 158.7 164.5 161 .8 170.5 164.3 155.8 159.8 165.1 162.5 171.2 164.9 156.3 160.6 166.1 163.8 171.4 166.3 157.3 161.2 167.1 164.4 172.4 167.5 158.4 161 .9 168.7 166.5 173.4 168.8 159.7 162.8 1.0 1.3 .6 .8 .8 .6 2.6 2.9 1.7 2.7 2.5 1.9 Workers, by industry division: Goods-producing ................... .................. ........ ................... Manufacturing ................................................. .... .. .... ....... Service-producing ............ ........... .............................. ......... Services ............... ........................ .... ... ...... .. .................... . Health services ................... ........ .... ... .... ...... ................... Hospitals .............................................................. ........ Educational services ........................................ .............. 153.9 155.4 156.4 160.7 159.6 160.3 159.3 155.1 156.5 158.8 161.1 160.9 162.2 160.1 156.3 158.0 160.5 161.9 162.0 163,5 160.4 157.5 159.0 161.4 162.8 163.2 164.4 160.7 158.3 159.7 163.0 164.7 164.7 166.3 162.7 160.6 160.1 163.6 165.4 165.9 167.7 163.2 159.9 161.3 164.6 166.5 167.7 169.0 163.6 161 .0 162.4 165.5 167.4 168.6 169.9 163.8 162.3 163.8 167.0 167.3 170.8 171 .8 166.0 .8 .9 .9 1.1 1.3 1.1 1.3 2.5 2.6 2.5 2.8 3.7 3.3 2.0 Public administration ........ ... .. •... ..• ..... Nonmanufacturing ................. ............................................. 154.8 157.5 155.8 158.0 157.2 159.6 158.0 160.5 159.4 162.1 160.0 162.7 161.1 163.7 161.4 164.6 162.6 166.0 .7 .9 2.0 2.4 Private Industry workers ... .. .. ... ... .. .... ......... ................. . Excluding sales occupations .. ............ ......... ................... 157.0 157.0 157.5 157.9 159.3 159.4 160.4 160.5 161 .7 161 .7 162.3 162.4 163.4 163.5 164.5 164.5 165.9 165.8 .9 .8 2.6 2.5 Workers, by occupational group: White-collar workers .......... .. ........ .. ....... ..... ........ ........ ... .... Excluding sales occupations ............ ................. .. .. ....... Professional specialty and technical occupations .......... Executive, adminitrative, and managerial occupations .. Sales occupations ..... ................................................... Administrative support occupations, including clerical. .. Blue-collar workers ......... ............................... .................. Precision production, craft, and repair occupations ....... Machine operators, assemblers, and inspectors ....... ..... Transportation and material moving occupations ........ ... Handlers, equipment cleaners, helpers, and laborers .... 160.0 169.8 158.2 164.3 156.9 160.3 151 .7 151 .8 152.0 146.3 156.0 160.4 160.8 158.5 164.5 156.8 161.3 152.4 152.3 153.2 146.9 157.2 162.6 163.6 159.5 169.1 158.1 162.6 153.6 153.4 154.7 147.8 158.4 163.8 164.8 160.5 170.3 159.3 164.0 154.6 154.7 155.3 149.0 159.0 165.3 166.2 162.1 171 .8 161 .6 165.1 155.6 155.5 156.8 149.8 159.9 165.9 167.0 163.0 172.5 161 .1 165.7 156.1 156.2 156.9 149.8 160.6 167.1 168.1 164.7 172.7 162.6 167.2 157.2 157.1 158.6 150.4 161 .8 168.2 169.2 165.5 173.9 163.9 168.6 158.3 158.3 159.8 151.8 162.7 169.7 170.6 167.6 174.9 165.9 169.7 159.5 159.3 161.6 152.9 163.6 .9 .8 1.3 .6 1.2 .7 .8 .6 1.1 .7 .6 2.7 2.6 3.4 1.8 2.7 2.8 2.5 2 Service occupations ... ........ ............................................ Production and nonsupervisory occupations 3 .. .............. Worll.,m;, by industry division: Goods-producing ................. .... ...... ............. .. ... ................. Excluding sales occupations ............. ........... ............. White-collar occupations .. ... .............. .. ......................... Excluding sales occupations ..................................... Blue-collar occupations ....................................... .. ....... Construction ............. ..................... ....................... .......... Manufacturing .... ........ .......... ........... ............................... White-collar occupations ............ .. ........ ...................... .. Excluding sales occupations ................................. .... Blue-collar occupations ......... .. ................ .. ...... ............. Durables ............... ................ ......................................... Nondurables ...................................................... ...... ...... Service-producing ...................... ............. ..... ..................... Excluding sales occupations ..... ........ ................ ........ White-collar occupations ........................... .... ....... .... .... Excluding sales occupations ... .................................. Blue-collar occupations ............................. ................... Service occupations ..................................................... Transportation and public utilities .................................. Transportation ......... ............................................ ... ..... Public utilities .............................................. .................. Communications ...................... ... ........ ....................... Electric, gas, and sanitary services .................... ....... Wholesale and retail trade ............................................. Wholesale trade .. .................................. .... .. ... ... .. .. ... ... . Excluding sales occupations ..................... .. .............. Retail trade ....... ..... ... .. ...... ........................................... General merchandise stores .. ..... ...................... ......... Food stores ................................................................ See footnotes at end of table. 118 153.9 154.4 155.5 156.1 157.1 157.8 158.4 159.3 159.8 .3 1.7 154.7 155.2 156.4 157.4 158.8 159.4 160.7 161.7 163.1 .9 2.7 153.9 153.0 157.9 155.4 151 .5 149.0 155.4 157.7 155.0 153.5 156.0 156.3 155.4 160.0 158.0 153.8 150.6 158.0 160.1 157.7 156.3 158.8 156.6 157.4 156.5 161.4 159.2 154.8 154.4 155.0 154.0 158.6 156.3 152.6 150.2 156.5 158.6 155.9 154.7 157.3 155.2 159.0 161 .6 158.9 156.9 159.7 157.8 158.3 157.4 161.9 159.9 155.9 153.6 159.7 162.0 159.5 157.9 160.6 158.3 158.7 158.0 162.1 160.4 156.4 154.0 160.1 162.1 160.0 158.5 160.9 158.7 159.9 159.2 163.2 161.5 157.7 155.1 161.3 163.3 161 .2 159.8 161.9 160.4 160.9 160.2 164.5 162.7 158.6 155.9 162.4 164.7 162.5 160.6 162.9 161.6 162.3 161 .2 166.0 163.6 159.8 157.1 163.8 166.1 163.5 162.1 164.5 162.8 .9 .6 .9 .6 .8 .8 .9 .9 .6 .9 1.0 .7 2.5 2.4 2.5 2.3 2.5 2.3 2.6 2.5 2.5 2.7 2.4 2.8 158.4 159.3 160.5 162.5 151 .8 153.5 153.4 149.6 158.2 159.6 156.5 155.5 160.4 162.6 152.9 150.1 150.1 158.6 159.6 160.7 162.8 152.0 154.1 154.1 150.1 159.3 160.7 157.4 155.5 161 .0 163.7 152.7 149.2 150.3 160.6 161 .7 163.0 165.3 153.2 155.1 154.8 150.5 160.4 161.9 158.6 156.7 163.4 163.9 153.1 149.8 151 .0 161 .7 162.8 164.1 166.5 154.3 155.6 155.6 150.6 162.1 163.4 160.4 157.5 164.7 165.2 153.8 152.0 151 .6 163.3 164.2 166.0 168.2 155.1 156.6 156.0 150.4 163.4 165.4 161.0 159.2 164.8 165.7 156.3 153.1 152.2 163.9 165.0 166.6 169.0 155.4 157.4 156.5 150.8 164.1 165.9 161 .8 159.5 165.3 166.3 156.5 153.6 152.8 165.0 166.0 167.8 170.2 156.2 158.0 157.6 151.7 165.3 167.0 163.3 160.3 166.2 167.8 157.3 154.1 153.8 166.1 167.1 168.9 171 .2 157.8 158.8 159.1 153.4 166.4 167.5 165.1 161.6 167.8 167.6 158.4 154.9 154.3 167.5 168.5 170.4 172.8 158.9 159.4 160.4 155.0 167.5 168.8 165.9 162.5 169.7 168.6 158.7 157.5 154.5 .8 .8 .9 .9 .7 .4 .8 1.0 .7 .8 .5 .6 1.1 .6 .2 1.7 .1 2.6 2.6 2.7 2.7 2.5 Monthly Labor Review · November 2004 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2.4 3.1 2.1 2.3 152.4 1.8 2.8 3.1 2.5 2.1 3.0 2.1 3.0 1.8 1.5 2.9 1.5 31. Continued-Employme nt Cost Index, wages and salaries, by occupation and industry group [June 1989 = 100] 2002 2003 2004 Percent change Series Sept. Dec. Mar. June Sept. Dec. Mar. June Sept. 3 months 12 months ended ended Sept. 2004 Finance, insurance, and real estate ............................... Excluding sales occupations .... .. ............. ..... ........ .. ... Banking, savings and loan, and other credit agencies. Insurance ...... ..... ......... .. ... .. .......... ........... .. ........... ..... .... Services ........ .... ... ......... ................................. ........... ...... Business services ... ... ......... ................ ...................... ... Health services ................ ...... .... ..... ................... ...... ..... Hospitals ...... ... ... ....... ......... ....... ... ......... ..... ..... ....... ... . Educational services .... .................... ............................ Colleges and universities .... ............. .......... ... ... ....... ... 162.4 166.1 182.7 159.6 161 .5 164.6 159.9 160.2 165.2 163.1 162.6 167.3 183.9 159.1 161 .7 164.8 160.7 162.1 166.5 164.3 171.1 176.7 206.4 161.6 162.8 165.6 161.9 163.6 167.1 164.4 172.4 178.5 208.7 163.0 164.0 166.4 163.2 164.6 167.5 165.1 174.1 179.2 209.1 163.9 165.9 169.1 164.6 166.5 170.3 167.6 174.5 210 .2 164.5 164.5 166.7 169.8 135.8 167.9 171 .0 168.4 175.2 179.2 206.7 165.1 168.1 171 .0 167.8 169.4 171 .9 169.5 175.3 180.5 207.6 167.2 169.3 172.7 168.8 170.5 172.6 170.0 176.5 181 .8 209.5 168.9 171 .1 174.3 170.9 172.4 175.5 172.9 Nonmanufacturing ... ... .... .. ... .... ........ ...... ..... ........ ...... .. .... White-collar workers ....... .......... .. ...... .. ... .. .. .... ............... Excluding sales occupations ....................... ... ... ....... Blue-collar occupations .... .. .. ...... ........... ............ .... .... ... Service occupations .. .... .. .... ......... ............... .. ..... ........ 157.2 160.2 162.1 149.8 153.4 157.5 160.5 162.5 150.2 154.0 159.4 162.8 164.9 151 .1 155.0 160.5 163.9 166.1 152.4 155.5 162.1 165.7 167.7 153.4 156.5 162.6 166.3 168.5 153.8 157.3 163.7 167.5 169.7 154.7 157.9 164.8 168.6 170.7 156.1 158.7 166.2 170.1 172.3 157.1 159.2 State and local government workers ................ .... ..... ..... . 160.1 161 .5 162.6 163.2 165.9 166.8 168.0 168.7 Workers, by occupational group: White-collar workers ... .... ... ...... ..... .............. .. .. ........ .. .. ....... . Professional specialty and technical. ..... .... ... .. .. ... .. . . .... Executive, administrative, and managerial. .. .... .... .... ...... Administrative support, including clerical. .... .... .. ............ Blue-collar workers ........ .. ................ .. ..... .... ..... .. 157.4 157.5 159.0 155.1 154.5 158.4 158.4 160.1 156.0 155.1 158.9 158.8 160.9 156.9 156.2 159.2 159.1 161.0 157,2 156.5 161 .0 161 .0 162.5 159.1 157.6 161 .5 161.4 163.3 159.5 158.3 162.1 162.1 163.5 160.4 158.9 162.4 162.3 163.8 160.8 159.2 Workers, by industry division: Services .... ... .. .. ....... ... ... ... ......... ....... ... ................. ......... .... 4 Services excluding schools ... .. ..... .. ........ ... .. ...... ......... .. . Health services ..... ........................ ...... ........ .................. Hospitals ... ... ... ............... .. .... ....... ... ....... ........ .. .... .... ... Educational services ...... .. ........ ...... .. .... .. .... .............. ... . Schools .. .... ............ ................ ... ......... ... ........ .. ... ........ Elementary and secondary ..... .. ...... ... ......... .. .......... Colleges and universities .......... .. ... .... .... ................. Public administration2 ... 1.4 1.5 .2 3.1 3.1 3.1 3.8 3.5 3.1 3.2 .8 .9 .6 .3 2.5 2.7 2.7 2.4 1.7 171 .5 1.0 2.0 164.1 164.4 164.3 162.6 160.7 1.0 1.3 .3 1.1 .9 1.9 2.1 1.1 2.2 2.0 .9 158.4 159.2 159.5 159.8 161.6 162.1 162.6 162.7 164.8 1.3 2.0 159.1 160.5 160.6 158.1 158.3 157.4 160.7 160.3 162.2 162.5 158.9 159.0 158.1 161 .6 161.4 162.9 163.1 159.1 159.2 158.2 162.1 161 .8 163.5 163.8 159.3 159.5 158.5 162.1 163.2 165.1 165.5 161.2 161.4 160.6 163.5 164.5 166.7 166.7 161 .6 161 .8 160.9 164.0 165.1 167.4 167.4 162.0 162.1 161 .3 164.3 165.6 167.8 167.9 162.1 162.3 161 .5 164.4 167.5 169.6 169.9 164.2 164.3 163.8 165.4 1.1 1.1 1.2 1.3 1.2 1.4 .6 2.6 2.7 2.7 1.9 1.8 2.0 1.2 154.8 155.8 157.2 158.0 159.4 160.0 161 .1 161 .4 162.6 .7 2.0 1 Consists of private industry workers (excluding farm and household workers) and State and local government (excluding Federal Government) workers. 2 0.7 .7 .9 1.0 1.1 .9 1.2 1.1 1.7 1.7 Consists of legislative, judicial, administrative, and regulatory activities. 3 This series has the same industry and occupational coverage as the Hourly Earnings index, which was discontinued in January 1989. 4 Includes, for example, library, social, and health services. 32. Employment Cost Index, benefits, private industry workers by occupation and Industry group [June 1989 = 100] 2002 2003 2004 Percent change Series Sept. Dec. Mar. June Sept. Dec. Mar. June Sept. 3 months 12 months ended ended Sept .2004 Private Industry workers ...................................................... 173.1 174.6 179.6 182.0 184.3 185.8 192.2 195.3 196.9 0.8 6.8 Workers, by occupational group: White-collar workers ... ....... ...... ... ....... .......... ............. ........ .. Blue-collar workers .. ............... ... ...... ... .................. .......... ... 177.2 166.2 178.5 167.8 183.6 172.7 185.5 176.1 187.7 178.4 189.2 179.9 194.4 188.3 197.4 191 .8 199.1 193.3 .9 .8 6.1 8.4 Workers, by industry division: Goods-producing .. .. .... .... ..... ........ .. .. ... .... ....................... .. ... Service-producing ...... .... ... ... ... ................ ... ... .. .. ... .. ... ........ . Manufacturing ............... ... ............ .. ................... ... ..... ..... .. ... Nonmanufacturing .... ... ... ....... .. ........... .... .. ... ............ ...... .. .. 168.8 174.9 166.8 175.2 171.0 175.9 168.9 176.3 178.0 179.9 176.9 180.3 180.2 182.3 179.0 182.8 182.3 184.7 181 .1 185.1 183.8 186.2 182.3 186.7 193.7 190.6 194.4 190.9 196.2 194.1 196.9 194.3 198.1 195.5 199.2 195.7 1.0 .7 1.2 .7 8.7 5.8 10.0 5.7 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 119 Current Labor Statistics: Compensation & Industrial Relations 33. Employment Cost Index, priv<Jte nonfarm workers by bargaining status, region, and area size [June 1989 = 100] 2002 2003 2004 Percent change Series Sept. Dec. Mar. June Sept. Dec. Mar. June Sept. 3 months 12 months ended ended Sept. 2004 COMPENSATION Workers, by bargaining status 1 Union ....................................................................................... Goods-producing ........................................................ ......... Service-producing ....... ......................... ............... ............... . Manufacturing .......... .. ..... ......................................... ... ........ . Nonmanufacturing .. .......................................... .................. 158.1 156.2 159.9 155.9 158.8 159.5 157.8 161 .1 157.9 159.9 162.1 161.4 162.6 162.3 161 .4 164.1 163.4 164.6 163.8 163.7 165.7 164.7 166.5 165.0 165.5 166.8 165.9 167.5 166.3 166.5 171 .4 172.3 170.2 175.0 168.8 173.9 174.6 172.9 177.0 171.6 175.3 176.0 174.4 178.4 173.0 0.8 .8 .9 .8 .8 5.8 6.9 4.7 8.1 4.5 Nonunion ............................... .. .................................. .. ........... . Goods-producing ......... .. ............................................. ......... Service-producing ... .......................... .............. ................... . Manufacturing ............ ...... ........................................ ........... . Nonmanufacturing .. ............................................ ............... . 162.5 159.5 162.9 160.1 162.4 162.8 160.8 163.3 161 .3 162.9 165.4 163.6 165.9 164.5 165.4 166.8 164.9 167.2 165.8 166.7 168.4 166.1 169.0 166.9 168.5 169.1 166.7 169.8 167.3 139.3 171.3 169.7 171 .6 170.6 171.1 172.7 170.9 173.2 172.0 172.6 174.2 172.4 174.6 173.8 174.0 .9 .9 .8 1.0 .8 3.4 3.8 3.3 4.1 3.3 160.5 158.9 163.5 163.8 161.3 159.0 164.6 165.0 163.8 160.6 169.0 167.3 165.2 161 .6 170.4 169.5 166.9 163.2 171 .7 171.4 167.9 163.9 172.5 172.2 170.2 166.4 174.7 175.3 172.3 167.9 176.2 176.8 173.7 169.5 177.6 178.1 .8 1.0 .8 .7 4.1 3.9 3.4 3.9 161 .8 160.0 162.5 169.8 165.2 163.5 166.6 165.0 168.3 166.1 169.1 166.9 171 .5 170.2 173.1 172.1 174.6 173.3 .9 .7 3.7 4.3 Union ......................................... .. ..... ...... .. .......... ... ................. . Goods-producing ............................................ .................... . Service-producing ... .................... ... .. ................ ... ........ ... ..... Manufacturing ..................................... .. .................. ............. Nonmanufacturing .............................................. .. .............. 151 .3 150.0 152.9 151.6 151 .1 152.5 151.2 154.1 153.1 152.1 153.3 152.4 154.6 154.6 152.5 154.3 153.9 155.1 155.9 153.5 155.3 154.8 156.3 156.7 154.6 156.2 155.4 157.3 157.1 155.6 157.2 156.3 158.5 158.1 156.6 158.7 157.5 160.3 159.2 158.4 160.0 158.7 161 .7 160.5 159.6 .8 .8 .9 .8 .8 3.0 2.5 3.5 2.4 3.2 Nonunion ............ .. .................................................................. . Goods-producing ..................... ..................... .. ........ ......... .... Service-producing .............................................................. . Manufacturing ................................ .............. ....................... . Nonmanufacturing .. ...................................................... .. ... . 158.1 155.5 158.9 156.8 158.1 158.5 156.6 159.0 157.8 158.3 160.4 157.8 161 .2 159.3 160.4 161.5 158.9 162.3 160.2 161 .5 163.0 159.7 164.0 160.9 163.1 163.4 160.1 164.5 161 .3 163.7 164.6 161 .4 165.6 162.6 164.7 165.6 162.4 166.6 163.7 165.7 167.0 163.8 168.0 165.2 167.1 .8 .9 .8 .9 .8 2.5 2.6 2.4 2.7 2.5 155.1 154.7 159.2 159.3 155.7 154.6 160.2 160.1 157.3 155.3 164.1 161 .3 158.4 156.1 165.0 163.1 160.0 157.4 166.1 164.7 160.9 157.9 166.5 165.2 162.0 159.1 166.9 166.8 163.6 160.1 167.7 167.9 164.9 161.6 169.2 169.1 .8 .9 .9 .7 3.1 2.7 1.9 2.7 157.4 153.8 157.9 154.8 159.6 156.8 160.7 158.0 162.2 158.9 162.7 159.5 163.8 160.8 164.9 162.1 163.3 162.1 .8 .7 2.5 2.8 Workers, by region 1 Northeast. ............... .. .............................................. .. ............. . South ............. ................................................... ..................... . Midwest (formerly North Central) ... .. ........... .. .. ...................... . West. ...................... .. ....................................... ............... ........ Workers, by area size 1 Metropolitan areas ............. ....... .. ........ ... .. ... ................ ... ......... Other areas .......... ..... ............ ................................................ . WAGES AND SALARIES Workers, by bargaining status 1 Workers, by region 1 Northeast.. .................................................. .. ........ .............. .... South .. ..... .. ....... ............. .......... .. ......... .................................... Midwest (formerly North Central) .... ...... ..... ..... ..... ..... .. .. .. ... ... . West. ..... ............ ........ ..... ... ... ..... ...................... .............. ........ . Workers, by area size1 Metropolitan areas .. ... ................................................. ... ........ . Other areas ............................ ............................................... . 1 l ne indexes are calculated differently from those for the occupation and industry groups. For a detailed description of the index calculation, see the Monthly Labor Review Technical Note, "Estimation procedures for the Employment Cost Index," May 1982. 120 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 34. Percent of full-time employees participating in employer-provided benefit plans, and in selected features within plans, medium and large private establishments, selected years, 1980-97 Item Scope of survey (in OOO's) ...... ...... ...... . Number of employees (in OOO's) : With medical care .. ... .... ....... ......... .. .. . With life insurance ..... . With defined benefit plan ... ...... ..... ..... ... ..... .. .. .. Time-off plans Participants with: Paid lunch time .. ..... . Average minutes per day ... ... .. ... .. ..... ..... .. . Paid ,est time .... ..... .. . . ... ........ .. .. . Average minutes per day Paid funeral leave ............ ....... .. .... .... ... . Average days per occurrence .. .. .... ...... ... .... ..... . Paid holidays... .... . . ... ....... .. . ... . Average days per year Paid personal leave ....... ......... . Average days per year Paid vacations .... ... ... ...... ... .... . Paid sick leave ' .... .... ...... ... .... . Unpaid maternity leave .. ... ... .... . . Unpaid paternity leave Unpaid family leave ...... ..... ..... .. ... .... . .. 1980 1982 1984 1986 1988 1989 1991 1993 1997 1995 21 ,352 21 ,043 21,013 21,303 31 ,059 32,428 31 ,163 28,728 33,374 38,409 20,711 20,498 17,936 20,412 20 ,201 17,676 20,383 20,172 17,231 20,238 20,451 16,190 27,953 28,574 19,567 29,834 30,482 20,430 25,865 29,293 18,386 23,519 26,175 16,015 25,546 29,078 17,417 29,340 33,495 19,202 10 9 ;fl 3.2 99 11 29 72 26 85 3.2 9.4 24 3.3 98 10 26 71 26 84 3.3 97 9.2 22 3.1 97 9 25 76 25 10 27 72 26 8 75 30 67 28 80 3.3 92 10.2 21 3.3 96 29 68 26 83 3.0 91 9.4 21 3.1 97 80 3.3 89 9.1 22 3.3 96 81 3.7 89 9.3 20 3.5 95 69 33 16 68 37 18 67 37 26 65 60 53 58 56 84 93 I 9i 26 99 99 10.1 20 10.0 24 3.8 9.8 23 3.6 ~I 10.0 100 99 99 25 3.7 100 62 67 67 70 88 96 Insurance plans Participants in medical care plans Percent of participants with coverage for: Home health care ..... ....... ....... Extended care facilities .. Physical exam ...... ... ... ....... ... ..... . Percent of participants with employee contribut ion required for : Self coverage .. ... .......... .... ..... .. ..... ... .. .. Average monthly contribution ..... ...... .. .. ....... ... . Family coverage .... .... .... .. .... .. .. ........ ... .. .. . Average monthly contnbut,on .... ..... .. .. ...... . Participants in life insurance plans ... ....... .... . Percent of participants with : Accidental death and dismemberment insurance ... .... ..... .. ... .......... Survivor income benefits ... .. ... .... ... ... . . Retiree protection available.. . .. ..... ...... ....... .. Participants in long-term disability insurance plans .. ... ... .. ....... ........ ... .. .. ...... .. . Participants in sickness and accident insurance plans .. ... .... .. .... ....... .. ........... ... .. . 97 58 26 46 97 97 62 46 62 27 51 95 90 92 83 82 77 76 8 66 70 18 76 79 28 75 80 28 81 80 30 86 82 42 78 73 56 85 78 63 36 $11.93 58 $35.93 43 $12.80 63 $41.40 44 $60.07 47 $25.31 66 $72 .10 51 $26.60 69 $96.97 61 $31 .55 76 $107.42 67 $33.92 78 $118.33 69 $39.14 80 $130.07 $19.29 64 96 96 96 96 92 94 94 91 87 87 69 72 74 78 71 71 76 77 8 7 6 5 7 64 72 10 59 49 42 44 41 37 74 6 33 40 43 48 42 45 40 41 42 43 54 51 49 46 43 45 44 53 55 51 Participants in short-term disability plans ' Retirement plans Participants in defined benefit pension plans Percent of parti cipants with : Normal retirement prior to age 65 Early retirement available ..... .... .... .. . Ad hoc pension increase in last 5 years .. Terminal earnings formula .. Benefit coordinated with Social Security . 84 84 82 76 63 63 59 56 52 50 55 58 97 52 45 64 98 35 57 62 59 98 26 53 45 63 97 47 54 56 62 62 97 22 64 63 55 98 56 54 52 95 6 61 48 52 96 4 58 51 52 95 10 56 49 60 45 48 48 49 55 57 33 36 41 44 43 54 55 2 5 12 9 23 10 36 12 52 12 38 5 13 32 Participants in defined contribution plans ...... . Participants in plans with tax-deferred savings arrangements ... ...... .............. ... .. . 55 98 7 Other benefits Employees eligible for: Flexible benefits plans ..... .. ... ...... .... . 2 Reimbursement accounts .. ... . Premium conversion olans .. .... .. ... .... .. ........ .. .... .. ' The definitions for paid sick leave and short-term disability (previously sickness and 5 7 lits at less than full pay. accident insurance) were changed for the 1995 survey. Paid sick leave now includes only 2 plans that specify either a maximum number of days per year or unlimited days. Short- specifically allow medical plan participants to pay required plan premiums with pretax Prior to 1995, reimbursement accounts included premium conversion plans, which terms disability now includes all insured, self-insured, and State-mandated plans available dollars. Also, reimbursement accounts that were part of flexible benefit plans were on a per-disability basis, as well as the unfunded per-disability plans previously reported as tabul ated separat ely. sick leave. Sickness and accident insurance, reported in years prior to this survey, included only insured, self-insured, and State-mandated plans providing per-disability bene- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NOTE: Dash indicates data not available. Monthly Labor Review November 2004 121 Current Labor Statistics: Compensation & Industrial Relations 35. Percent of full-time employees participating in employer-provided benefit plans, and in selected features within plans, small private establishments and State and local governments, 1987, 1990, 1992, 1994, and 1996 Small private establishments Item 1990 1992 1994 State and local governments 1996 1987 1990 1992 1994 Scope of survey (in 000's) ............... .. ...... .......... . 32,466 34,360 35,910 39,816 10,321 12,972 12,466 12,907 Number of employees (in 000's) : With medical care .... .... ..... ...... ...... . With life insurance ..... .. .... .... .... .. ...... ... ........ ... . With defined benefit plan ....... .. .. ... .... .... ... ... ... . . 22,402 20,778 6,493 24,396 21,990 7,559 23,536 21 ,955 5,480 25,599 24,635 5,883 9,599 8,773 9,599 12,064 11,415 11 ,675 11,219 11 ,095 10,845 11 ,192 11,194 11,708 Time-off plans Participants with: Paid lunch time ... ... ... .... .. .... .... . Average minutes per day .. Paid rest time ..... ... .. . Average minutes per day ........... .. .. ...... . ..... ..... . Paid funeral leave ..... ............. .... .... ..... ... ..... ... . Average days per occurrence ........ .. ... ... ..... ... . . Paid holidays .... 17 37 48 27 47 2.9 84 37 49 26 50 3.0 82 50 3.1 82 51 3.0 80 58 29 56 3.7 81 11 36 56 29 63 3.7 74 10 34 53 29 65 3.7 75 62 3.7 73 Averaoe days per year' ... ..... .... .... .... .. ... ... . Paid personal leave ... ............ ...... ............ ... .. .. . . Average days per year .. .... .... .... ...... .. .. .... .... .. . . Paid vacations .. 9.5 11 2.8 88 9.2 12 2.6 7.5 13 2.6 88 88 7.6 14 3.0 86 10.9 38 2.7 72 13.6 39 2.9 67 14.2 38 2.9 67 11 .5 38 3.0 66 47 53 50 50 97 95 95 94 17 18 8 7 57 30 51 33 59 44 Paid sick leave 2 • •• •• ••• • • • • • ••••• • •• • •• •.•• • ••••• . •• • •. . .•.. Unpaid leave ................... ......... ......... ..... .. ..... . Unpaid paternity leave . Unpaid family leave .. .... .. ........... .. ..... .............. . Insurance plans Participants in medical care plans ....... ..... .......... . . Percent of participants with coverage for : Home health care ......... ... ... .......... . . Extended care faci lities Physical exam ...... .. .. .... .... ........... .... .. .... .... ... . Percent of participants with employee cc,n tribution requi red for : Self coverage ..... .................................. .. .... .. . Average monthly contribution Family coverage ............... ... . Average monthly cont ribut ion Participants in life insurance plans .. ..... . Percent of participants with : Accidental death and dismemberment insurance ........ .... .. ............ ... ........ .. Survivor income benefits.... . ...... ..... . Retiree protection available ....... ...... . . Participants in long-term disability insurance plans ..... ... .. ................. ... .. ........... . Participants in sickness and accident insurance plans ............................ Participants in short-term disability plans 8 34 47 48 66 64 69 71 79 83 26 80 84 28 42 $25.13 67 47 $36.5 1 73 52 $40.97 76 $109.34 $150.54 64 64 78 76 1 1 19 19 93 93 93 90 87 76 78 36 82 79 36 87 84 47 84 81 55 52 $42.63 75 35 $15.74 71 38 $25.53 65 43 $28.97 72 47 $30.20 71 $159.63 $181 .53 $71 .89 $117 .59 $139.23 $149.70 61 62 85 88 89 87 77 67 67 74 1 1 25 79 2 20 13 55 45 46 64 2 46 23 20 22 31 27 28 30 26 26 14 21 22 21 15 93 90 87 91 47 92 89 53 44 92 90 33 100 18 92 89 10 100 10 92 87 13 99 49 9 9 45 24 2 1 29 Retirement plans Participants in defined benefit pension plans .. ....... . Percent of participants with: Normal retirement prior to age 65 Early retirem ent available ... .. ............ . .. ... .... . Ad hoc pension increase in last 5 years .. Terminal earnings formula .. .. ... ..... ........ ......... . Benefit coordinated with Social Security Participants in defined contribution plans ... . Participants in plans with tax-deferred savings arrangements .. .. ........ .............. ..... .. .. ........... ....... . 20 22 54 95 58 49 50 95 1 4· 54 46 31 33 34 38 9 17 24 23 28 28 7 15 88 16 100 8 45 Other benefits Employees eligible for : Flexible benefits plans .... ............ . Reimbursement accounts 3 •.•••. . •• Premium conversion plans 1 2 3 4 5 5 5 5 8 14 19 12 5 31 50 64 7 ' Methods used to calcu late the average number of paid holidays were revised in 1994 to count partial days more precisely. Average holidays for 1994 are Sickness and accident insurance, reported in years prior to this survey, included only insured, self-insured, and State-mandated plan s providing per- not comparable with those reported in 1990 and 1992. disability benefits at less than full pay. 2 3 The definitions for paid sick leave and short-term disability (previously Prior to 1996, reimbursement accounts included premium conversion plans, sickness and accident insurance) were changed for the 1996 survey. Paid sick which specifically allow medical plan participants to pay required plan leave now includes only plans that specify either a maximum number of days premium s with pretax dollars. Also, reimbursement accounts that were part of per year or unlimited days. Short-term disability now includes all insured, selfinsured, and State-mandated plans available on a per-disability basi s, as well flexible benefit plans were tabulated separately. as the unfunded per-disability plans previously reported as sick leave. NOTE: Dash indicates data not available. 122 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 36. Work stoppages involving 1,000 workers or more Annual totals Measure 2002 Number of stoppages: Beginning in period ................ .. ........... In effect during period ........................ 19 20 Workers involved: Beginning in period (in thousands) .... In effect during period (in thousands) . 2003 2003 Sept. 2004P Nov. Oct. Jan. Dec. Feb. Mar. Apr. May June 14 15 0 2 5 5 0 3 0 2 0 1 1 2 1 1 0 1 46 129.2 82.2 82.2 8.0 76.7 .0 70.5 2.2 2.2 103.0 61.3 6.5 66.5 .0 130.5 .0 3.2 .0 47 2.2 103.0 6,596 4,091 .2 51.3 1,168.5 1,219.0 1,473.4 1,203.9 1,146.5 44.0 26.4 204.0 (2) .01 .04 .04 .05 .05 .05 .05 .00 .00 .01 2 2 3 4 July Aug. Sept. 0 1 2 2 2 3 27.6 .0 28.6 1.6 3.7 3.7 6.0 8.0 94.0 3.2 52.5 60.0 .00 .00 .00 .00 Days idle: Number (in thousands) ............ .......... Percent of estimated workina time 1 .... 1 Agricultural and government employees are included in the total employed and total working time; private household, forestry, and fishery employees are excluded. An explanation of the measurement of idleness as a percentage of the total time worked is found in "Total economy measures of strike idleness," https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review , October 1968, pp.54-56. 2 Less than 0.005. NOTE: Dash indicates data not available. P = preliminary. Monthly Labor Review November 2004 123 Current Labor Statistics: Price Data 37. Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group (1982-84 = 100, unless otherwise indicated] Annual average 2003 Series 2002 2003 Sept. Oct. 2004 Nov. Dec. Jan Feb. Mar. Apr. May June July Aug. Sept. CONSUMER PRICE INDEX FOR ALL URBAN CONSUMERS All items .................... ............................... ... .... •.. All items (1967 = 100) ....... .. ... .. ....... ....... · ·· ···••··· ··· ·· Food and beverages ... ..... ... .. .. ........ .. ..... ····· ··•· ·· .. Food ... ..... ..................... ................. .. .. .. ..... ........... Food at home ........... ...... ...... .......... .. .... . .......... Cereals and bakery products . . . . . . . . . . . . . ··········· Meats, poultry, fish, and eggs ............. ............... . . 1 Dairy and related products . . . . . . . . . . . . . .. . ....... . .... ... Fruits and veqetables .. ..... ... .. . ... ... .... Nonalcoholic beverages and beverage materials ....... ················ ...... .......... Other foods at home .. · ························•······ Sugar and sweets .. ····················· ........ ....... Fats and oils ... .... ... ....... ........ ... .......... ··········· Other foods .. ........... ... ..... ... .. ... ... ...... ..... .. .... Other miscellaneous foods 12 · 1 Food away from home .. ····· ··• ··· 12 Other food away from home · ······· ··· ····· Alcoholic beverages .. .... ...... ............... .. ... ...... Housing ........ .... .... ................. ........ . .. ..... . Shelter .. ..... ... ..... ...... .................... .. .............. Rent of primary residence ...... ..................... Lodging away from home ........... .. ·······--·--····· Owners' equivalent rent of primary residence 3 . . 1 Tenants' and household insurance •2 Fuels and utilities . .... ............... ........... ...... ..... ...... . Fuels .... .... ..... .... ..................... ... ..... .... .•. .. ... .. Fuel oil and other fuels .... .. .. ...... .... . .......... Gas (piped) and electricity ..... ...... ............. .. .... Household furnishings and operations ............. .... Apparel .. .. .. . ........ ... . ........ Men's and boys' apparel. ... ..... ....... ............ ........ Women's and girls' apparel. . ..................... 1 Infants' and toddlers' apparel Footwear .. . .... . ..... ... ..... ... .•••• .• •. • ······"······ ..... Transportation ... ....... .. ..... .... .. .. .. .. ..... .. .... ... . Private transportation ... ......... New and used motor vehicles2 ····· • ...... .. .... . New vehicles .. ····························"··· ................ 1 i.Jsed cars and trucks Motor fuel. ... . ............... ................... ........ Gasoline (all types) .. ..................... .................... Motor vehicle parts and equipment.. Motor vehicle maintenance and repair ...... ......... Public transportation .. ........ ... . . . . .. . .. .. . .. ................ . Medical care ..... .. .. .... .... ...... .. ...... ... ... .... ... ...... . ...... . Medical care commodities ······· ·••··· ........ . ......... .. Medical care services ........... ..... . .. .... ..... ............ Professional services ... ......... ... .. ....... .......... ... Hospital and related services. ..... .. ...... ... Rer.rn::ition 2 .. Vir!AO ::inrt ::11,rtio 1·2 Education and commun ication2 2 Education ... .............................................. Educational books and supplies ... ..... ... .. ... ... ..... Tuition, other school fees , and child care ....... . 1 Communir.::itinn ·2 . Information and information processinq 1 •2 12 Telephone services · Information and information processing olhAr th::in IAIAohonA sArvir.As l .4 Personal computers and peripheral 12 equipment • . Other goods and services . . . . . . .. . . . . . .. . .. .. ... ... ..... Tobacco and smoking products ..... .... ··· ···· .. 1 Personal care .. . ............ ..... ...... 1 Personal care products . Personal care services · · •· · • ........ .... ... .. 1 ······· • · • · ........ ··•• · .. ... 179.9 538.8 176.8 176.2 175.6 198.0 162.1 184.0 551 .1 180.5 180.0 179.4 202.8 169.3 185.2 554.7 181 .3 180.7 180.1 203.5 171.1 185.0 554.3 182.2 181 .7 181 .5 203.1 174.0 184.5 552 .7 182.9 182.4 182.4 202 .5 179.3 184.3 552 .1 184.7 180.0 184.1 202 .9 181.1 185.2 554.9 184.3 183.8 184.0 203.9 179.9 186.2 557.9 184.5 184.1 184.0 204.4 179.7 187.4 561 .5 184.9 184.4 184.3 204 .8 179.5 188.0 563.2 185.0 184.5 184.1 205.5 179.2 189.1 566.4 186.5 186.1 186.6 206.1 181.1 189.7 568.2 186.8 186.3 186.8 206 .8 182.3 189.4 567.5 187.2 186.8 187.1 207.2 183.7 189.5 567.6 187.3 186.8 186.7 207.2 183.7 189.9 568.7 187.2 186.7 186.1 206.4 183.4 168.1 220.9 167.9 225.9 170.3 224.4 171.8 226.3 171 .2 227.5 173.0 232.4 172.4 232 .4 172.1 229.7 171 .9 230.1 174.0 228.3 185.9 231 .7 188.8 226.7 187.7 224.5 184.9 224.0 181 .6 226.0 139.2 160.8 159.0 155.4 177.1 139.8 162.6 162.0 157.4 178.8 139.2 163.1 162.3 157.6 179.4 140.5 163.0 162.5 159.7 178.7 137.9 162.0 161 .7 157.3 177.9 139.3 163.0 161 .0 157.7 179.6 140.7 162.8 163.0 160.7 178.0 140.8 165.1 163.3 166.2 180.4 140.5 166.0 163.8 171.9 180.3 140.3 166.2 164.4 169.7 180.9 140.3 165.2 163.5 170.4 179.4 110.3 182.1 121 .3 187.2 111 .0 182.8 121 .8 187. 9 110.7 183.3 122.3 188.1 109.0 183.8 122.7 188.6 109.8 184.3 122.9 188.7 109.1 184.9 123.9 189.4 169.9 165.4 163.5 169.4 180.1 110.8 186.7 124.8 191 .7 139.8 165.8 162.8 171 .3 180.5 109.2 178.3 117.7 183.6 180.3 208.1 199.7 118.3 214.7 141 .4 163.7 163.9 162.3 178.9 -109.5 110.9 187.0 124.8 192.4 111 .5 188.4 125.4 192.5 110.5 188.9 125.9 193.4 184.8 213.1 205.5 119.3 219.9 185.8 213.8 206.6 118.5 220.7 185.7 214.7 206.9 120.9 221 .4 185.1 214.2 207.5 115.0 221.9 185.1 213.1 205.5 119.3 219.9 191 .2 220.3 211 .9 130.6 225.7 191 .0 220.2 212.4 127.0 226.1 108.7 143.6 127.2 115.5 134.4 128.3 124.0 121.7 115.8 114.8 154.5 138.2 139.5 145.0 126.1 120.9 118.0 113.1 11 5.9 159.6 143.4 130.5 151.5 125.2 122.0 117.3 115.5 116.0 155.0 138.2 131.4 145.6 125.1 124.8 120.8 118.8 114.3 152.9 135.7 134.8 142.6 124.9 123.1 121.4 115.7 126.4 121.4 152.9 148.8 122.1 119.6 157.6 153.6 124.1 120.3 159.4 155.4 125.2 121.8 157.1 153.0 99.2 140.0 152.0 116.6 116.0 106.9 190.2 207.4 285.6 256.4 292.9 253.9 367.8 106.2 102.6 107.9 96.5 137.9 142.9 135.8 135.1 107.8 195.6 209.3 297.1 262 .8 306.0 261.2 394.8 107.5 103.6 95.1 136.4 139.0 147.1 146.5 107.7 196.2 211 .2 299.2 264 .9 308.2 262.2 399.6 107.7 103.5 94.6 136.5 135.1 136.6 136.0 107.9 196.9 211 .3 299.9 264.7 309.1 263.0 400.7 107.6 103.5 109.8 110.9 126.0 317.6 362 .1 92.3 134.4 335.4 362 .1 89.7 138.7 338.2 400.0 88.6 90.8 99.7 87.8 98.3 86.7 97.4 18.3 16.1 22.2 293.2 461.5 174.7 154.7 188.4 185.5 124.0 189.9 111.7 185.8 124.1 190.8 139.7 165.0 162.6 166.2 180.4 110.5 186.2 124.7 191.8 186.3 215.2 208.3 117.2 222.6 187.0 216.0 208.8 120.0 222.9 187.9 217 .8 209 .2 128.1 223 .3 188.4 218.4 209.7 129.1 223.9 188.9 218.7 210.2 128.2 224.3 190.3 219.2 210.7 129.1 224 .7 109.4 187.8 125.1 192.2 190.9 220.0 211.2 132.2 225.1 114.8 154.5 138.7 139.1 145.0 124.7 119.0 118.0 110.9 114.8 156.3 139.2 149.9 145.5 125.3 115.8 115.5 105.7 115.0 156.9 139.5 155.1 145.5 125.7 118.6 117.1 110.3 115.1 155.2 137.6 152.5 143.5 125.7 123.5 119.8 117.6 115.7 155.6 138.0 149.6 144.2 125.6 124.3 120.3 118.7 116.1 158.1 140.4 150.4 146.8 125.4 123.4 120.3 116.9 116.2 165.5 148.5 150.7 155.8 125.6 120.1 117.7 112.3 116.1 166.6 149.5 151 .1 156.9 125.2 115.9 115.2 106.1 116.3 167.7 150.5 157.4 157.6 124.8 116.5 113.8 107.5 116.6 166.7 149.3 161 .6 156.0 125.0 121.2 116.2 123.0 121 .0 155.7 151.7 119.2 118.5 154.7 150.8 11 7. 7 115.9 157.0 153.2 119.3 117.0 158.8 154.9 12 1.9 120.1 160.5 156.6 120.5 121 .0 161 .8 157.9 118.1 120.3 165.2 161.5 116.2 118.4 165.7 161.9 114.5 115.1 164.0 160.0 115.0 117.3 162.9 159.1 119.5 121 .7 162.9 159.4 94.4 138.0 131 .0 127.8 127.2 107.8 198.0 205.6 302.1 265.0 311 .9 261.2 407.0 107.7 103.3 110.9 94.3 138.0 130.8 136.7 136.1 108.0 198.2 206.3 303.6 265.5 313.8 262.5 409.7 107.9 103.6 111.1 94.4 138.3 131.0 143.1 142.5 108.0 198.2 208.1 306.0 266.7 316.6 268.0 412.5 108.4 104.1 111 .2 94.2 137.9 131 .2 150.5 149.8 107 .8 198.5 209.9 307 .5 267.3 318 .4 269.7 413.8 108.8 104 .3 111 .1 94.1 137.6 131 .3 155.9 155.3 107.9 198.6 211 .5 308.3 268.5 319.2 270.6 413.6 109.0 104.7 94.0 137.4 131 .8 170.5 169.8 107.9 199.0 210.7 309.0 269.1 319.8 270.9 414.6 108.8 104.6 110.9 94.6 137.5 132.0 131 .2 130.6 107.9 197.2 207.9 300.8 264.0 310.6 263.0 405.6 107.8 103.8 110.8 110.9 110.6 93.6 137.2 130.6 173.3 172.7 108.2 199.7 212 .3 310.0 269.6 321.0 271.6 416.9 108.9 104.4 110.8 93.5 135.9 132.1 165.2 164,5 108.8 200.3 214.4 311 .0 269.9 322.3 272.3 419.1 108.7 104.4 110.9 93.4 134.9 133.8 162.0 161 .2 109.0 200.8 209.7 311 .6 270.0 323.1 273.3 418.8 108.5 104.1 111.7 93.9 134.9 136.5 161.2 160.5 109.3 201 .7 205.3 312.3 270.9 323.7 273.3 420.3 108.6 104.0 112.9 139.1 339.7 401 .1 88.4 139.0 336.0 401.2 88.2 139.4 342 .8 401 .7 88.2 140.1 345.4 140.6 348.9 404 .7 87.7 140.7 349.5 404.9 87.4 140.9 349.6 405.6 86.9 141.6 350.6 407 .6 86.8 142.1 403.6 88.1 140.4 348.6 404 .2 88.1 349.5 409.4 86.5 145.1 353.3 418.3 86.1 147.9 352.8 427.4 86.2 86.4 97.1 86.2 97.2 86.2 97.2 86.1 97.0 86.1 97 .1 85.7 96.7 85.4 96.5 84.8 95.9 84.7 95.8 84.5 95.6 84 .0 95.0 84.1 95 .3 15.6 15.6 15.4 15.3 15.3 15.2 15.2 15.0 14.9 14.9 14.8 14.7 14.7 17.6 298.7 469 .0 16.3 299.9 468 .7 16.5 300.2 469.5 16.3 300.0 469.1 16.2 300.2 470.4 16.2 301.4 473.0 16.0 302 .3 472.6 15.8 303 .1 473.6 15.9 303.6 47 3.3 15.7 303.8 473.5 15.5 304 .1 476.0 15.3 305.1 480.5 15.1 305.5 481 .6 15.0 306.3 482.9 178.0 153.5 193.2 179.0 153.4 195.4 179.1 153.6 195.6 179.0 153.2 194.2 179.0 153.4 194.3 179.7 153.8 194.6 180.4 154.5 195.2 180.9 154.5 195.8 181.3 154.5 196.1 181.4 154.6 196.6 181.4 153.8 196.9 181.7 153.4 197.5 181.9 152.8 198.9 182.3 153.5 199.1 ! See footnotes at end of table . 124 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 114.4 November 2004 37. Continued-Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group [1982-84 = 100, unless otherwise indicated] Ann ual average Series 2002 2003 2003 Sept. Oct. 2004 Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Miscellaneous personal services ............. 274.4 Commodity and service group: Commodities .. .... .. . . . . .. . .. .. . .. . .. .. ... . .... .. . .. ... .. .. Food and beverages .. Commodities less food and beverages ... Non durables less food and beverages ... .. ... .. . Apparel . 149.7 151 .2 152.0 151.4 150.9 150.4 151 .1 152.3 153.7 154.3 156.0 155.8 154.5 154.2 154 .9 176.8 134.2 145.1 124.0 180.5 134.5 149.7 120.9 181 .3 135.4 153.1 122.0 182.2 134.1 151.2 124 .8 182.9 132.9 149.0 123.1 184.1 131 .7 146.7 119.0 184 .3 132.6 148.4 115.8 184 .5 134.2 151.4 118.6 184.9 136.0 155.3 123.5 185.0 136.9 157.2 124.3 186.5 138.6 160.9 123.4 186.8 138.2 160.5 120.1 187.2 136.1 156.7 11 5. 9 187.3 135.6 156.1 116.5 187.2 136.7 157.8 121 .2 Nondurables less food , beverages. and apparel ....... .. .................. Durables ... .... .... .. .. .... .... ......... . .. . . ••....••.•. 162.2 121.4 171 .5 117.5 176.4 115.7 171 .6 115.2 169.1 115.1 167.7 115.0 172.3 115.1 175.6 115.3 179.1 115.1 181 .7 115.0 188.2 114.8 189.5 114.5 185.8 114.1 184.4 113.7 184 .4 114 .1 . .. 283.5 285.3 285.8 287.0 287.1 288.8 290.4 291 .6 292.7 293.1 293.6 294.4 295.2 295.9 . ... .... ... .. .. ... ...... .... ... 209.8 216.5 2 18.1 218.4 217. 9 217.9 219. 1 219.9 221.0 22 1.5 22 1.9 223.3 224 .1 224.5 224.5 Rent of shelter3 . . · ··• · · · •· · · ··• · ·· "• ·· Transporatation services .... ... ... ...... ... .. ... 216.7 209.1 221 .9 216.3 222.6 223.5 223.0 222.9 224 .1 224 .9 226.8 227.4 227.7 228.3 229.2 229.4 229.3 . ... ......... .... ... 24 6.4 254.4 216.8 257.0 218.9 257.2 218.6 257.3 217.7 257.4 218.7 258.4 219.3 259. 2 219.7 259.5 220.0 259.7 220 .0 259.6 220.5 260 .2 221.6 260 .5 220.8 261 .9 220.1 263. 8 Services . . .. . . .. . .. .. . . .. . .. . Oth er services . . . . . . . . . .. . . . . . . . . . . Special indexes: All items less food . .... .. ... .. .. .. .... 180.5 184 .7 186.0 185.6 184.9 184 .4 185. 5 186.6 188.0 188.6 189.6 190.3 189.9 189.9 190.4 170.8 174 .6 176.0 175.5 174.9 174.7 175.6 176.7 177.6 178.2 179.6 180.2 179.6 179.5 180.1 174.3 136.0 178.1 136.5 183.5 140.3 183.2 138.2 183.2 137.7 183.6 138.8 162.4 189.0 174 .0 158.8 185.6 172.2 158.2 No!ldurables less food and apparel. . ··· ··· ··· Nondurables .. .... .......... ....... 147 .4 163.3 161 .1 182.9 140.6 162. 8 187.7 174 .1 184.3 159.9 184.4 172.8 Services less rent of shelter3 .. Services less medical care services .. Energy .. All items less energy . . . . . . . . . . . . . . . . . . . . . . .. .. ... All items less food and energy .. Commodities less food and energy .. Energy commodities ... Services less energy .. . . . . .. . .. .. . . ........ .. ..... .... . . ..... . All items less medical care .... ..... .... ........... Commodities less food ....... .... .... ...... . .... Nondurables less food . . . . . . . . . . . . . . . . . . .. . . . . . . . .. . All items less shelter ... . 179.2 179.1 178.5 178.2 136.1 153.3 172.2 166.8 135.0 15 1.3 170.0 166.1 133.8 149.2 168.8 165.4 179.1 134.7 180.1 136.3 181 .3 138.0 181 .8 138.9 15 1.9 172.1 165.3 137.3 155.2 176.6 167.4 150.8 173.0 166.4 153.7 176.1 168.1 157.5 179.4 170.3 159.3 181 .7 171.4 2 17.5 226.4 229.2 228.7 228.2 228.4 229.7 230.6 230.7 23 1. 1 231 .7 234 .2 235.0 235.6 235.9 202.5 121 .7 187.7 190.5 208.7 136.5 190.6 193.2 210 .3 144.6 191 .0 193.6 210.5 136.9 191 .7 194.3 209.9 133.1 191 .6 193.9 209.9 131 .8 191 .5 193.6 211 .0 137.4 191 .9 194.0 211 .7 140.6 192.7 194.9 212.7 143.1 193.7 213.6 154.1 194 .3 196.5 215.0 159.7 194. 4 196.6 215.8 156.3 194 .5 196.6 216.2 155.3 216 .1 154 .3 194.7 196.8 195.2 197.4 143.7 117.1 217.5 140.9 136.7 223.8 140.2 146.9 140.4 137.0 225.8 139.9 132.1 225.6 139.0 129.0 225.5 138.5 138.2 226.6 139.3 144 .6 227.5 196.1 140.3 151 .3 228.9 213.2 145.9 194.1 196.5 140.5 156.3 229.4 140.2 170.1 229.6 139.4 172.8 230 .2 138.2 165.1 231 .0 138.1 162.5 231 .4 139.4 162.0 231 .6 175.9 523.9 179.8 181 .0 180.7 535.6 539.2 538.2 180.2 536.7 179.9 536.0 180.9 538.7 181 .9 54 1.7 182.9 544 .8 183.5 546.5 184.7 550.2 185.3 551 .9 184.9 550 .8 185.0 551.0 185.4 552.4 183. 6 183.1 184.0 184.4 184.5 183.8 183.5 183.9 183.3 186.0 185.6 185.8 186.4 183.5 183.2 185.9 186.1 186.8 186.3 186.3 186.9 186.4 186.1 186.8 186.2 185.5 224 .9 171 .9 CONSUMER PRICE INDEX FOR URBAN WAGE EARNERS AND CLERICAL WORKERS All items ... .. .... ...... All items (1967 = 100) .... .... ... .... .. ....... .. .... . .. ..... . . 176.1 179.9 180.7 181 .7 182.4 Food ... ... ........ ... ...... ... .. ...... ... .. ... .. ... ... .. ... ... .. .. .. Food at home .. ...... .............. .• .... . .. .. .... Cereals and bakery products ... ... .. .... .... .. .. .. Meats, poultry, fish, and eggs ..... ..... .. .......... 176.5 175.1 179.4 178.5 180.2 179.4 181 .2 180.7 181 .9 181 .6 183.3 183. 8 183.3 183.2 198.0 162.0 202. 8 169.2 2035 170.9 203.2 173.8 202.4 179.2 202.4 181.0 203. 8 179.9 204.4 179.7 204.9 179.6 205.5 179.1 206.0 181.1 206.7 182.4 20 7.2 183.7 207.0 183.7 206.3 183.4 167.2 222.9 167.6 224 .3 170.2 223.4 171 .7 224 .9 171 .0 225.3 172.7 229. 7 172.2 229.7 171 .7 227 .5 171 .3 227.8 173.6 225. 5 186.1 228.9 189.0 224 .3 187.8 222 .3 184 .9 222.2 181.4 223.9 138.6 160.4 139.1 162.2 139.8 162.5 137.3 161 .6 138.6 162 .5 140.1 164.7 139.1 164.6 161.4 157.3 178.3 160.5 157.7 162.6 166.0 180.8 161 .9 166.1 180.8 180.8 162.9 172.0 180 .7 169.9 180.0 163.2 162 .2 179.4 139.3 165.5 162.2 171 .4 139.6 165.8 162.1 159.6 179 .0 139. 3 165.1 162.9 169.4 180.5 139.8 165.6 161 .6 157.4 179.2 140.0 162.3 162.4 160.7 178.4 140.8 163.3 158.8 155.3 177.6 138.5 162.8 162.1 157.6 180.0 139.7 164.8 163.1 170.3 179.7 109.7 110.8 111 .3 11 1.2 109.5 110.3 109.6 110.1 112.2 111 .0 111.2 111 .4 109.7 112.0 111 .0 178.2 118.1 183.3 182.0 121 .5 187.1 182.7 183.3 183.7 184.2 184 .8 185.3 185.6 186.1 186.6 186.8 187.6 188.2 188.8 122.0 187.7 122.5 188.1 122.9 188.8 123.1 188.9 123. 6 189.5 123.8 190.0 123.8 191.2 124.3 192.1 124 .6 192.0 124 .7 192.7 124.9 192.2 125.2 192.8 125.8 194.0 175.7 20 1.9 180.4 206.9 181 .6 207.6 181 .3 208. 3 180.9 208.2 181 .0 208.2 182.1 209.2 182. 6 209.8 183.2 2 11 .0 183. 6 2 11 .5 184 .1 211.8 185.6 212.2 186.2 2 13.0 186.6 2 13.4 186.5 213.4 211 .6 Food and beverages ... ... . ... ....... . .... ....... . Dairy and related products Fruits and vegetables .. 1 Nonalcoholic beverages and beverage . .. ..... ............. .. .. . materials .. Other foods at home .. ................ . ... .. ......... Sugar and sweets .. .... .. .. .. ..... ..... .. ... . ....... Fats and oils .. ........ ..... ... ............. Other foods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... ... . Other miscellaneous foods Food away from home 12 · .. .. .... .. 1 12 home · Other food away from Alcoholic beverages .... ... .... .... .... . Housing ............................. .. ....... ... .... ... • • • O•• •• OOO• •• •OO • • .. . . . . . . ... . Shelter ············ ................. ....... .... ..... . ... . Rent of primary residence .. .... . ... ... ·············· LodQinQ away from home 2 Own ers· equivalent rent of prim ary residence 12 3 Tenants' and household insurance · Fuels and utilities ..... .... ... ... .. .. .. .. ........ ... ... ... Fuels ... ....... ................... .... ....... Fuel oil and other fuels ........ ... ..... ..... .. ... ... Gas (piped) and electricity . . . . . . . . . . . . . . . . . . . . . Household furnishinQ s and operation s ........ ... Apparel .. ...... ..... ..... ... ... .... . ......... ..... Men's and boys' apparel ... . ... .. .. . . ... .. .... .. .... Wom en's and girls' apparel. . ............. .. .. . . 1 Infants' and toddlers' aooarel .. ...... . ........ Footwear .. ...... ...... ........... Transportation .. . ....... ... .... ... .. .... Private transportation . .. .. .. . . . .. . ....•..... . ..• •. . . New and used motor vehicles2 163.8 181 .4 199.0 204 .7 205.8 206.1 206.6 207.0 207.4 208.0 208.4 208.9 209 .4 209.9 210.3 211 .0 118.4 119.8 119.8 121.7 116.2 113.4 118.5 121 .1 128.8 129.8 128.2 128.8 133.0 131 .6 127.7 195. 1 199.7 200.4 20 1.0 20 1.4 201 .7 202.1 202.3 202.7 203.1 203.6 203.9 204 .2 204 .7 205.1 108.7 142.9 126.1 114.7 153.9 137.0 115.8 159.1 142.3 116.0 154.3 137.0 116.0 155.1 137.0 116.4 157.4 139.3 116.5 165.0 147.4 116.3 166.1 148.4 116.5 167.2 149.3 116.8 166.2 148.2 121.9 129.4 150.6 121 0 130.7 144.6 120.9 149.6 144.7 121.0 115.1 156.2 138.3 154.5 144 .7 121.4 115.2 154.7 136.6 138.7 144 .1 114.4 153.0 135.4 136.2 142.5 120.4 114.9 155.6 138.0 115.0 133. 4 124.4 114.4 152.3 134.7 134.4 141 .9 120.7 152.0 142.9 12 1.4 148.9 143.5 12 1.3 149.6 146.1 12 1.1 150.2 156.2 120.7 123. 1 121.7 114.6 120.0 117.5 11 2. 1 121.0 116.5 114 .5 123.9 120.0 118.2 122.6 121 .1 115.3 118.7 117.8 110.5 115.7 115.6 105.5 118.3 117.4 109.8 122.9 120.0 117.4 123.8 120.6 118.4 122.8 120.3 116.7 149.8 155.1 121.3 119.6 117.8 11 2. 2 156.8 156.8 120.4 115.9 113.3 106.9 161 .1 155.3 120.6 120.6 115.6 114.0 128.6 121 .2 151.8 149.0 124.1 126.5 119.6 158.1 155.3 127.7 121 .1 155.4 152.5 125.0 122.2 117.0 116.4 156.8 119.6 159.9 159. 3 11 7.6 116.3 161.4 158.6 120.4 161 .6 157.1 117.0 164 .0 161 .3 114.4 162.2 154 .0 120.9 119.0 163.6 160.9 118.8 115.6 154.9 152.2 125.2 118.6 158.5 155.7 123.4 120.4 153.6 150.8 121.4 117.8 152.5 149.7 120.1 119.1 156.3 153.5 99.4 96.0 94 .4 93.5 93.1 92.8 92.7 92 .8 92.6 92 .6 92.5 92.1 92.1 92. 2 92 .3 2004 125 115.6 115.2 106.0 122.3 159.1 See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November Current Labor Statistics: Price Data 37. Continued-Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group [1982-84 = 100, unless otherwise indicated] Annual average Serles 2002 ... . .. . . ... . .. ... .•... ...... ... New vehicles .... ··· ·· ····· 1 Used cars and trucks ..... .... .. .... . ... Motor fu el . ..... .... ... .... ..... .... .. .. .. ......... , .. ........ Gasoline (all types) .. .... . . •. ••... ... . Motor vehicle part s and equipment.. Motor vehicle maintenance and repair ... Public transportation .. ... .. ..... .. . .. ... . ·· ··· ...... Medical care . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . .. .. ··· ··········· ...... Medical care commodities ... .... ... . ... . . . . . . . . . . . . . Medical care services .... ..... ... ... .......... ... .... ... .. Professional services ..... ..... ·· ·· ··"·•· ............. Hospital and related services .... ..... , .... ......... . Rocrn;:itinn2 Vir1P.o ;:i nn 1 ;:i11nio ·2 Educ;:ition and communication 2 2003 2003 Sept. Oct. 2004 Nov. Dec. Jan . Feb. Mar. Apr. May June July Aug. Sept. 141 .1 139.0 137.6 137.8 138.7 139.2 139.2 139.5 139.0 138.7 138.5 138.2 137.0 136.0 136.0 152.8 143.7 139.8 135.9 132.8 131.7 131.6 131 .7 132.0 132.1 132.6 131.4 133.0 134 .6 137.3 117.0 116.4 106.1 191 .7 202.6 136.1 135.5 147.5 147.0 136.9 136.4 131 .5 130.9 137.1 150.9 150.3 173.8 173.2 161 .7 161 .0 107.5 198.9 205.8 107.6 200.1 206.2 107.4 200.3 208.0 107.5 200.8 208.8 107.8 201.5 210.0 165.6 165.0 108.2 202. 1 212.1 162.4 161.7 107.5 198.6 208.7 156.5 155.8 107.5 200.4 209.4 171 .1 170.4 107.2 197.9 208.4 136.6 107.6 199.9 204 .6 143.6 143.0 107.3 197.3 206.0 128.1 127.6 107.3 199.8 203.6 108.4 202.7 208.0 108.7 202.7 203. 1 284.6 251 .1 296.3 257.4 298.3 259.4 299.1 259.2 300.1 258.5 302.8 259.8 305.4 260 .9 306.9 26 1.5 307 .7 262 .5 308.4 263.3 311.7 263.8 310.4 263.7 311 .0 259.4 263.8 264 .8 292.5 256.0 363.2 305.9 263.4 39 1.2 307.9 264.4 309.1 265.2 313.8 267.8 405.9 408.7 318.6 272.3 409.9 319.4 273.2 409.8 320 .0 273.5 397.5 311.9 266.5 403.4 316.8 270.6 395.8 310 .6 265.2 402.4 410.7 321.2 274 .1 413.0 322.4 274.8 415.2 323.2 275.8 414.9 323.9 275.9 416.4 104 .6 105.5 105.5 105.4 105.6 105.5 105.6 106.2 106.5 106.7 106.6 106.7 106.3 106.1 106.2 102.0 102.9 102.7 102.8 103.0 102.5 102.7 103.2 103.5 103.9 103.9 103.7 103.7 103.4 103.3 30 1.4 309.4 107.6 109.0 109.7 109.7 109.6 109.7 109 .8 110.0 109.8 109.6 109.2 109.4 109.4 109.9 110.8 125.9 318.5 133.8 336.5 137.8 339.6 138.1 340.6 138.0 337.5 138.0 343.8 139.1 346.1 139.4 349.5 139.6 349.9 139.7 350.4 139.9 350 .4 140.6 351 .5 14 1.0 350.4 143.6 354.7 146.3 354.8 354 .8 93.7 377.3 91 .2 389.2 90.2 390 .1 89.9 390.2 89.8 390.7 89.7 392.8 89 .6 393.3 89.6 393.8 89.3 394 .1 89.0 394 .6 88 .. 4 396.7 88.4 398.1 88.1 405 .8 87.6 414 .0 92 .7 89.9 89.1 88.5 88.4 88.3 88.2 88.2 87.9 87.5 87.0 86.9 86.7 86.2 86.3 Teleph one Information an d information processinq 99.9 98.5 97 .6 97.3 97.4 97.4 97 .2 97 .3 96.9 96.7 96.1 96.1 95.8 95.2 95.5 olhf!r th;:in IAIAnhonA sArvir.As i ,4 Personal compu ters and periph eral 19.0 16.7 16.1 16.2 15.9 15.8 15.8 15.8 15.7 15.5 15.4 15.4 15.3 15.3 15.2 2 Education Education al books and supplies .... .......... Tuition, ot her schoo l fees, and child care .. ... C-:omm, inir.;:ition 1·2 Information and information processinq 1 ·2 . .. 12 services · 12 equi pment · Other goods and services ... ........... ................... . Tobacco and smoking products ... .... ······· ······· Personal care 1 ... . . . . . . . . .. . . .. . . . . .. .... ... 1 Personal care products ···· ·•• ··· ·" • · ··• • ·· 1 Personal care services Miscellaneous personal services .. ..... ...... ... .. Commodity and service group: Commodities .... . ... ...... . ······ •" · 87.8 21 .8 17.3 16.0 16.2 16.0 15.9 15.8 15.7 15.5 15.6 15.4 15.2 15.0 14.9 14.8 302.0 307.0 307 .9 308.2 307 .7 308.1 309.3 310 .0 310.8 311 .3 311 .5 311 .8 313.2 313.5 314 .4 463.2 470.5 469.9 470 .7 470.2 471.5 473.8 473.2 474 .2 474.1 474 .4 476.9 48 1.6 482. 6 483.9 174. 1 177.0 177.9 178.0 177.7 177.8 177.4 179.1 179.7 180.1 180.2 180.0 180.3 180.5 180.9 155.5 154.2 154.0 154. 1 153.8 154. 2 154.3 155.0 155.0 155.1 155.1 154.3 153.9 153.1 154.0 189.1 193.9 196.1 196.3 194 .8 194.9 195.1 195.7 196.3 196.6 197. 1 197.5 198.1 199.5 199.7 274 .0 283.3 285.2 285.6 286 .7 286.6 288.4 290.2 29 1.6 292 .9 293.1 293.5 294 .7 295.4 296.2 151 .9 181.7 135.2 153.6 151 .3 182.4 133.8 15 1.4 150.7 183.6 152.7 184 .0 135.2 154.3 154.1 184.4 137.0 158.4 154.8 184 .5 132.5 149.0 15 1.5 183.8 133.5 15 1.0 138.0 160.5 156.7 186.0 140 .0 164 .7 156.6 186.4 139.6 164.4 155.2 186.8 137.5 160.4 154.9 186.9 137.1 159 .5 155.7 186.8 138.2 161 .2 123.9 122.6 118.7 115.7 118.3 122. 9 123.8 122. 8 119.6 115.6 115.9 120.6 172.9 114 .2 171.6 114.0 176. 5 114 .0 180.2 184.1 194.5 113.9 191 .8 190 .2 190.1 114.0 187.0 113.9 196.0 1142 .0 113.5 113.2 113. 1 113.7 150.4 151.8 176.1 135.5 147 .0 179.9 135.8 152.1 152.7 180.7 136.7 155.9 123.1 120.0 121 .0 165.3 121 .8 175.6 117.4 181 .2 175.7 115.5 114.7 205.9 212.6 214.3 214.4 214 .1 214 .2 215.3 216.0 216.7 217.1 217.6 219.0 219.7 220 .2 220.3 194 .5 207.7 241 .6 199.2 216.2 248.5 199.9 216.8 250.6 200.6 219.0 250.7 200.5 218.8 250 .7 200.6 218.0 250.9 201.4 219.1 251 .8 202 .0 219.7 252 .6 203.2 220.0 252.9 203.7 220.2 253.0 203.9 220 .3 252 .7 204.4 220.7 253.3 205. 1 221.6 253.5 205 .5 221 .0 254.4 205.5 220.5 256.0 All items less food . . . . . . . . . . . . .... .. . ... . ... .... ........ All items less shelter . . . . . . . . . . . . .. .. . ... ... ... ..... ..... All items less medical care ... ... .. ..... . .. .. ••. . ... •.. Commodities less food .... ... . . . . .. . . . .. ... .. ..... .. . Nondurables less food .. .. ... .... .. ... ..... ...... ..... Nondurables less food and apparel .. .. . •• ..... •.... 175.8 168.3 171.1 137.3 149.2 166.1 179.7 171 .9 174.8 137.7 154.2 181 .0 173.3 176.0 138.6 157.9 181.1 180.4 172.6 175.6 137.0 155.7 176.1 179.7 171.9 175.0 135.8 153.7 173.6 179.2 171 .6 174 .7 134.5 151.4 172.1 180.2 172.5 175.6 135.5 153.3 176.9 18 1.4 173.7 182.6 174.7 177.6 138.9 160.4 184.0 184.4 176.8 179.4 141 .8 166.4 193.5 185.0 177.5 180.0 141 .5 166.2 194 .8 184 .5 176.7 179.6 139.4 162.3 191 .0 184 .5 176.6 176.6 137.1 156.4 180.2 183.2 175.3 178.2 139.9 162 .4 186.6 185.1 177.3 180.0 140.2 163.2 189.7 ................ ... 161.4 166.4 168.8 168.1 167.3 166.6 167.8 169.5 171.8 173.0 175.9 175.9 174.0 173.6 174.5 Services less rent of shelter3 Services less medical care services .. .... .. .... .. .. Energy. .. ........ . .. .... ... ...... .. ... .. . .. ... . ... 193.1 201.3 203.7 203.2 202 .7 202 .9 204 .1 204.9 204 .9 205.2 205.8 208.2 208.9 209.3 209.5 198.9 120 .9 205.2 135.9 206.8 144 .2 206.9 136.3 206.5 132.4 206.6 131 .1 207.6 136.9 208.2 140.2 208.8 143.0 209.2 146.0 209.7 154.5 211 .1 159.9 211.8 156.2 212 .2 155.1 2 12.3 154.2 183.6 186.4 188.1 140.2 187.0 188.6 140.3 187.0 188.4 186.9 188.0 141 .1 187.2 188.3 138.2 187.9 189.1 139.0 188.7 190.1 140.0 189.0 190.4 140.1 189.3 190.4 139.9 189.3 190.3 189.3 139.0 190 .3 138.0 189.5 190.5 138.0 190.2 191.4 139.5 147.2 22 1.3 137.2 222.1 136.8 222. 1 138.3 223.1 144.7 223.9 151.5 224.9 156.7 225.3 170.7 225.5 173.3 226.0 165.5 226.7 162.8 227. 1 162.3 22 7.4 . . . . . .. . . . .. . .. .. . Food and beverages ... ........ ..... .... ....... ... ..... . Commodities less food and beverages . . . . . . . . . . . Nondurables less food and beve rages ........ ... Apparel ...... . ................. Nondurables less food, beverages, . an d apparel ..... .. .. .. .. ...... . Durables .. .............. .. .. .• ..... .. . ... .. .... ... .... . .. .... ..... .. . . . . .. . . . . . . . . . . . . Services .. ..... ... .. ... ............ .... . ............ ··· ··· ··••O,• Rent of shelter3 Transporatation services ···· ····"··· .. ... ............. Other services .... .... .. ..... .. ......... ...... .. ........ .... .. Special indexes: . . . Nondurables .. ······ ····· ······· ···· ····· ·· 175.9 All items less energy .. .... .... ........ .... .. ... ...... . All items less food and energy ..... ....... .. .. ...... Commodities less food and energy ......... .. 185.6 144.4 186. 1 187.9 141.1 Energy commodities ··· ······· ...... ........... Services less energy ....... •.•.. •• .... •. . 17.3 213.9 136.8 220.2 1 Not season ally adjusted. 2 Indexes on a December 1997 ; 100 base. 3 Indexes on a December 1982 ; 100 base. 126 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 139.7 132.1 222. 1 4 179.6 139.0 161.5 189 .6 Indexes on a December 1988 ; 100 base. Dash indicates data not avai lable. NOTE: Index applied to a mon th as a whole , not to any specifi c date. November 2004 38. Consumer Price Index: U.S. city average and available local area data: all items [1982-84 = 100, unless otherwise indicated] Pricing All Urban Consumers sched- 2004 ule U.S. city average ............ .... ................ ...... .......... .. M 1 Apr. 188.0 May 189.1 June 189.7 Urban Wage Earners 2004 July 189.4 Aug. Sept. 189.5 189.9 Apr. 183.5 May June 184.7 185.3 July 184.9 Aug. Sept. 185.0 185.4 197.7 Region and area slze2 Northeast urban ... ...... .... .. ...... .. ...... . Size A-More than 1,500,000 ............ ...... .. .. .................... Size B/C-50,000 to 1,500,000 3 4 ......... .. ....... .. ..... .. ........................... .... .... Midwest urban .. .. . ......... .......... Size A-More than 1,500,000 .............. .. .............. .. .... .. .... 3 M 199.4 199.9 201.1 201 .0 201 .0 201 .2 195.7 196.4 197.5 197.3 197.2 M 201.4 202.0 203.3 203.0 203.1 203.2 196.3 197.1 198.3 198.0 198.1 198.4 M 118.1 118.3 118.7 119.2 118.9 119.2 118.1 118.4 118.8 119.1 118.7 119.2 M 181.5 182.9 183.3 183.2 183.3 183.6 176.3 177.8 178.2 178 178.2 178.6 M 183.7 185.0 185.3 185.4 185.6 189.5 177.9 179.4 179.4 179.5 179.8 180.2 115.9 Size B/C-50,000 to 1,500,000 .. ....... .. ...... .. ....... ..... Size D-Nonmetropolitan (less than 50,000) .. .. .. .. .... .. ... M 115.6 116.4 116.8 116.3 116.5 116.8 114.6 115.5 116.0 115.5 115.7 M 173.9 176.0 176.9 177.1 176.3 176.4 171 .2 173.2 174.1 173.7 173.4 173.7 South urban ... .. ... .. ............ ............................ .. .... .. ...... .. ..... M 180.9 182.0 182.9 182.6 182.6 185.8 180.9 178.9 179.7 179.3 179.4 179.7 Size A-More than 1,500,000 .......................................... M 182.5 183.4 184.3 183.7 183.7 184.0 179.7 180.8 181 .9 181 .2 181 .2 181.4 Size B/C-50,000 to 1,500,000 3 ...... ... ... ... .... . Size D-Nonmetropolitan (less than 50,000) ........ ......... West urban ................................. ....................................... M 115.6 116.4 117.0 116.9 116.9 116.9 114.0 114.8 115.3 115.2 115.3 115.4 M 178.7 179.4 180.5 180.1 180.0 181.2 177.8 179 180 179.4 179.5 180.7 M 192.3 193.4 193.3 192.9 193.0 193.8 187.3 188.6 188.6 188.0 188.0 188.8 Size A-More than 1,500,000 ................................ .......... M 194.6 195.9 195.9 195.4 195.5 196.4 188.2 189.6 189.7 188.9 188.9 189.9 Size B/C-50,000 to 1,500,000 3 . .... . ........ .... . ........ M 117.8 118.2 117.9 117.9 118.1 118.4 117.2 117.8 117.6 117.4 117.6 117.8 M M M 172.0 116.3 179.3 172.9 117.0 180.9 173.4 117.3 181.8 173.1 117.3 181 .3 173.2 117.3 181.0 173.6 117.4 181 .8 170.0 115.3 177.2 171.2 116.0 178.8 171 .7 116.4 179.7 171 .3 116.2 179.0 171.4 116.2 178.8 171 .8 11 6.5 179.7 M 190.0 194.5 180.6 185.2 182.2 186.8 182.5 187.4 182.4 186.8 183.2 186.5 183.1 187.8 Size classes: As ...... · ········· •··· ··-··· • ·· •· ·•··•··• . . . . . . . . .. . 3 B/C .... ... .. .......... . .... ... ............. ... ................. .............. ... ..... 0 ........ .. ....... .... ... .. ....................................................... Selected local areas• Chicago-Gary-Kenosha, IL-IN-WI. ...... .... ........... ... ... ... Los Angeles-Riverside-Orange County, CA ...... .. .. .... .. .... M 187.2 191.9 188.7 193.3 189.1 193.7 189.2 193.4 190.2 193.1 New York, NY-Northern NJ-Long Island, NY-NJ-CT-PA .. M 204.0 204.4 206.0 205.5 205.7 205.9 198.5 199.1 200.4 200 .1 200.3 200.6 Boston-Brockton-Nashua, MA-NH-ME-CT ..... ...... .... ... . Cleveland-Akron, OH ......... ...... .... .... ..... .... ... .. ... ... ... ... 1 181.3 - 209.8 - 207 .9 172.6 - 172.8 Dallas-Ft Worth, TX ..... .. ........................................... . 1 - 118.9 - 179.1 - 179.7 - 179.5 179.4 120.8 - 118.4 - 119.7 - 208.8 183.8 - 207 .9 179.1 - 208.9 1 - 184.1 - 180.0 - 184.0 - 182.5 186.8 179.3 - 180.4 - 181 .5 166.8 - 167.6 182.6 - - 181 .7 Washinqton-Baltimore, DC-MO-VA-WV .. ..... .. ............. Atlanta, GA ......... ..... ... .. ................. ... .... ..... ... .. ..... .... . 1 - 118.9 - 120.2 2 182.3 185.7 Detroit-Ann Arbor-Flint, Ml. .. ........ ........ ... .... .. ... ...... .... . 2 184.7 - - Houston-Galveston-Brazoria, TX .......... .. ... ... .... ...... ..... 2 169.7 - 169.3 - 169.1 - Miami-Ft. Lauderdale, FL .. ... .. ............................ .. ....... 2 185.2 185.6 - 2 194.8 198.0 - 185.1 Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD ..... San Francisco-Oakland-San Jose, CA ...................... .... Seattle-Tacoma-Bremerton, WA .... ... ............... . .. .. ..... ... - 199.1 - 194.0 2 198.3 - 199.0 198.7 194.3 - 195.3 - 194.7 2 - 7 1 Foods, fuels , and several other items priced every month in all areas; most other goods and services priced as indicated: 185.8 194.6 189.1 183.4 197.3 195.4 190.4 MO-IL; San Diego, CA; Tampa- St. Petersburg-Clearwater, FL. 1-January, March, May, July, September, and November. 2-February, April, June, August, October, and December. 7 2 Regions defined as the four Census regions. Indexes on a December 1996 = 100 base. 4 The "North Central" region has been renamed the "Midwest" region by the Census Bureau . It is composed of the same geographic entities. Indexes on a December 1986 = 100 base. s In addition, the following metropolitan areas are published semiannually and 120.4 167.4 182.9 198.0 195.0 189.6 Report: Anchorage, AK; Cincinnatti , OH-KY-IN; Kansas City, MO-KS; Milwaukee-Racine, WI; Minneapolis-St. Paul , MN- WI; Pittsburgh, PA; Port-land- Salem , OR- WA; St Louis, M-Every month. 3 174.8 180.0 Indexes on a November 1996 = 100 base. NOTE: Local area CPI indexes are byproducts of the national CPI program. Each local index has a smaller sample size and is, therefore, subject to substantially more sampling and other measurement error. As a result, local area indexes show greater volatility than the national index, although their long-term trends are similar. Therefore, the Bureau of Labor Statistics strongly urges users to consider adopting the national average CPI for use in their escalator clauses. Index applies to a month as a whole, not to any specific date. appear in tables 34 and 39 of the January and July issues of the CPI Detailed https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dash indicates data not available. Monthly Labor Review November 2004 127 Current Labor Statistics: Price Data 39. Annual dote: Consumer Price Index, U.S. city overage, oll items ond mojor groups [1982-84 = 100) 1993 Series Consumer Price Index for All Urban Consumers: All items: Index ............... .... ... ... ........... .. .... ............ ..... .. ...... ... . Percent change ... ..... .. ..... ..... .. ........ .. ......... ...... ... . Food and beverages: Index ... ................................ ... ................................ . Percent change .... .... ... ................... ..... ..... ........ .. . Housing : Index .......... .......... ..... ................ ....... ................... . Percent change ........... ... ... ..... ........ ..... ... .. .... ...... . Apparel: Index ............. .. ......... ..... ............ ............................. . Percent change ......... .. ........ .. ............. ........ ........ . Transportation: Index ......... .. ......... .... ......... .... ..... .... ... ................ ... .. Percent change ............ ................ .. .. ......... ... ...... . Medical care: Index ... .. .. ..................... .... .......... .... .................... .... . Percent change ........... ... .. ..... .. ...... .. ...... .. .. ....... .. . Other goods and services: Index .... .. ........... ... ... ............ ...... ........ ..................... . Percent change ............................. ............. ........ . Consumer Price Index for Urban Wage Earners and Clerical Workers: All items: Index ........ ... ... ... ... ... ... ..... ............ ... . .... ... ...... .. ...... Percent change .... ................ .. ...... .. .. .... ... .... .. .... . Monthly Labor Review 128 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 144.5 3.0 148.2 2.6 152.4 2.8 156.9 3.0 160.5 2.3 163.0 1.6 166.6 2.2 172.2 3.4 177.1 2.8 179.9 1.6 184.0 2.3 141 .6 2.1 144.9 2.3 148.9 2.8 153.7 3.2 157.7 2.6 161 .1 2.2 164.6 2.2 168.4 2.3 173.6 3.1 176.8 1.8 180.5 2.1 141 .2 2.7 144.8 2.5 148.5 2.6 152.8 2.9 156.8 2.6 160.4 2.3 163.9 2.2 169.6 3.5 176.4 4.0 180.3 2.2 184.8 2.5 133.7 1.4 133.4 -.2 132.0 -1.0 131 .7 -.2 132.9 .9 133.0 .1 131 .3 - 1.3 129.6 - 1.3 127.3 - 1.8 124.0 - 2.6 120.9 -2.5 130.4 3.1 134.3 3.0 139.1 3.6 143.0 2.8 144.3 0.9 141 .6 -1 .9 144.4 2.0 153.3 6.2 154.3 0.7 152.9 -.9 157.6 3.1 201.4 5.9 211 .0 4.8 220 .5 4.5 228.2 3.5 234.6 2.8 242.1 3.2 250.6 3.5 260.8 4.1 272.8 4.6 285.6 4.7 297.1 4.0 192.9 5.2 198.5 2.9 206.9 4.2 215.4 4.1 224.8 4.4 237.7 5.7 258.3 8.7 27 1.1 5.0 282.6 4.2 293.2 3.8 298.7 1.9 142. 1 2.8 145.6 2.5 149.8 2.9 154.1 2.9 157.6 2.3 159.7 1.3 163.2 2.2 168.9 3.5 173.5 2.7 175.9 1.4 179.8 2.2 November 2004 40. Producer Price Indexes, by stage of processing (1982 = 100] Annual average Grouping 2002 2003 2003 Sept. 2004 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June JulyP Aug.P Sept.P Finished goods...... ... ... ........................ Fini shed consumer goods. ....... .... · • ...... Finished consumer foods .. ....... .. ........ 138.9 139.4 140.1 143.3 145 .3 145.9 144.0 146.4 148.0 145.5 147.7 151 .0 144.5 146.5 150.1 144.5 146.7 150.3 145.4 147.8 148.1 145.3 147.8 148.4 146.3 149.0 150.7 147.3 150.4 152.7 148.9 152.5 155.5 148.7 152.0 155.0 148.7 152 .0 152.1 148.6 151 .9 152.2 148.7 152.0 152.2 Finshed consumer goods excluding foods .. . ·········· ···· ·· ········· ······· Nondurable goods less food .. ............. Durable goods ... ................................. Capital equ ipment... .. ······ ·· ........ ...... .. ... 138.8 139.8 133.0 139.1 144.7 148.4 133.1 139.5 145.5 150.4 131 .1 138.9 146.2 149.4 135.6 140.8 144.8 147.6 135.0 140.5 145.0 148.2 134.3 140.2 147.4 151 .7 134.3 140.5 147.3 151 .6 134.2 140.2 148.0 152.4 134.7 140.5 149.1 154.3 134.4 140.6 150.9 156.7 134.8 140.8 150.5 156.0 134.9 141 .1 151 .7 157.9 134.6 141 .2 151.4 158.0 133.7 14 1.1 151 .5 158.1 133.8 14 1.3 Intermediate materials, supplies, and components..... ... ........... 127.8 133.7 134.1 134.1 134.1 134.5 136.2 137.3 138.3 140.2 142.0 142.8 143.8 144.9 145.3 Materials and components for manufacturing ... ..... ..... .................. ..... Materials for food manufacturing .. Materials for nondurable manufacturing .. Materials for durable manufacturing .. Components for manufacturing. ... ......... 126.1 123.2 129.2 124.7 126.1 129.7 134.4 137.2 127.9 125.9 129.8 137.4 136.4 128.6 125.8 130.5 141 .8 137.5 129.5 125.8 130.7 141 .6 137.2 130.5 125.8 130.9 140.7 137.9 131 .2 125.8 131 .9 138.4 140.2 132.9 125.9 133.2 139.3 141 .0 137.3 126.2 134.3 141 .7 141 .4 140.7 126.5 136.2 146.6 143.5 144.3 127.1 137.4 152.2 144.5 146.9 127.3 137.7 152.0 145.9 145.8 127.6 138.6 147.9 147.2 149.4 127.8 139.6 145.4 149.5 151 .0 128.1 140.8 144.2 152.1 153.3 128.0 Materials an d components for constru ction ............ ... .. .... ........ Processed fuels and lubricants ..... ............ Containers ... ....... ... ........... ....... .... .. .... Supplies .. ..... .................... ......... . . . . . •.. •... • 151 .3 96.3 152.1 138.9 153.6 112.6 153.7 141.5 155.0 113.7 153.5 141 .7 155.2 111.5 153.2 141 .9 155.6 110.3 153.4 142.6 155.6 111 .7 153.5 142.8 156.2 116.8 153.9 143.2 159.0 116.8 153.7 143.8 161 .9 116.5 154.1 144.8 164.7 118.4 154.9 146.4 166.9 122.3 156.7 147.2 166.9 124.9 158.9 147.3 167.8 126.5 159.5 148.1 170.0 128.5 161.4 147.5 171.1 127.1 162.5 147.7 Crude materials for further processing .......................... ... .... ... ....... Foodstuff s and feedstuffs . . . . . . . . . . . . . ..... . ..... Crude nonfood materials ·············· ··· ········· 108.1 99.5 111 .4 135.3 113.5 148.2 134.7 119.0 142.8 138.3 128.1 141.1 137.0 125.7 141.4 141 .1 124.7 149.5 147.8 117.1 167.3 150.1 122.2 167.3 152.9 131 .7 164.8 155.7 135.4 166.6 161 .8 141 .1 172.9 163.0 137.4 178.0 162.0 131 .0 181.3 160.7 124.7 183.9 153.8 12 1.7 174.1 Special groupings: Finished goods, excluding foods .... .... ... ... Finished energy goods . .. . .. ......... ......... ... Finished goods less energy.. Finished consum er goods less energy ...... Finished goods less food and energy .... ... 138.3 88.8 14 7.3 150.8 150.2 142.4 102.0 149.0 153.1 150.5 142.7 105.2 149.0 153.3 149.7 143.8 103.2 151.4 156.1 152.0 142.8 100.4 151 .0 155.5 151 .7 142.8 101 .0 150.9 155.5 151 .4 144.5 106.0 150.6 154.9 151 .8 144.3 105.7 150.5 155.0 151 .7 144.9 107.0 151.3 156.1 152.0 145.7 109.5 151 .9 156.9 152.1 147.0 113.6 152.7 158.0 152.2 146.8 112.5 152.7 157.9 152.3 147.6 115.1 152. 1 156.8 152.4 147.4 115.1 151.9 156.6 152.2 147.5 114.9 152.1 156.8 152.5 Finished consumer goods less food and energy ..... ..... ..... ......... ..... 157.6 157.9 157.0 159.5 159.2 159.0 159.4 159.4 159.7 159.8 159.9 160.0 160.0 159. 7 160.0 Consumer nondurable goods less food and energy .. 177. 5 177.9 177.8 178.6 178.5 178.9 179.7 179.8 179.8 180.5 180.2 180.2 180.5 180.8 181.3 Intermediate materials less foods and feeds. .. ..... .. .... .... .................. ........... Intermediate foods and feeds .. ...... ... Intermediate energy goods ...... .................. Intermediate goods less energy. .............. 128.5 115.5 95.9 134.5 134.2 125.9 111 .9 137.7 134.5 128.4 112.8 138.0 134.4 131 .9 110.7 138.5 134.2 134.8 109.5 138.8 134.7 134.1 110.9 139.0 136.5 132.2 115.8 139.8 137.6 133.7 115.8 141 .1 138.4 137.0 115.6 142.4 140.2 143.2 117.3 144.4 141 .9 147.7 1~1.1 145.7 142.8 144.9 123.7 146.0 144.0 143.2 125.4 146.8 145.4 136.0 127.1 147.7 146.0 133.8 126.0 148.5 Intermediate materials less foods and energy . ........ . ··········· .... ............... 135.8 138.5 138.7 139.0 139.2 139.5 140.4 141 .7 142.9 144.6 145.7 146.2 147.1 148.5 149.5 Crude energy materials ... ........... .. .. . ........ Crude material s less energy .. Crude nonfood materials less energy .. 102.0 108.7 135.7 147.2 123.4 152.5 138.2 128.2 155.5 134.3 135.9 159.5 132. 5 135.5 164.8 141 .8 136.2 170.1 163.5 133.2 179.3 158.9 139.8 189.9 153.0 148.0 195.2 158.8 148.7 187.6 172.1 150.1 177.9 180.0 147.0 176.3 178.3 146.5 191 .6 178.1 144.5 200.9 166.3 140.9 195.4 November 2004 129 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review Current Labor Statistics: Price Data 41. Producer Price Indexes for the net output of major industry groups [December 2003 = 100, unless otherwise indicated] NAICS 2004 2003 Industry Dec. Jan. Feb. Apr. May June July" Aug.P Sept.P - Total mining Industries (December 1984:100) ................................. ..... 129.0 144.6 140.3 136.6 140.9 149.5 155.5 155.2 157.2 148.8 211 212 213 Oil and gas extraction(December 1985=100} ... ..... ... ..... ... .... ................ Mining, except oil and gas ... ······· ···· ···· ···· ··· ·· ·· ··· Mining support activities ...... ... ... .. 155.1 100.0 100.0 181.1 103.3 101 .2 172.5 105.2 100.8 165.4 105.9 100.8 171.7 108.5 101.0 188.1 107.3 101 .3 198.0 108.1 102.2 196.9 108.5 103.5 198.7 110.2 105.5 182.8 111.6 107.5 137.7 141 .1 100.0 100.0 100.0 138.9 139.3 101.4 100.4 99.9 139.3 140.4 101 .2 100.3 99.7 140.3 142.4 100.7 100.2 99.8 141.8 146.1 101.5 100.7 99.9 143.3 149.1 100.2 101.1 100.0 142.9 148.6 101.2 101 .3 99.8 143.4 146.7 100.9 101.6 99.6 143.7 144.4 101.4 101.6 99.6 144.1 143.3 101 .0 101.2 99.9 316 321 322 323 Total manufacturina industries /December 1984:1001........................ Food manufacturing (December 1984= 100) .. .. Beverage and tobacco manufacturing ········· · ···· ······················ ·· ·· ······· Textile mills ... ............................... ......... .......... ..... .............. .... ....... .. ... ..... Apparel manufacturing .. .... ·· ··· ·················· ··· ·· ···· ··· ····· ·· ···· ·· ·· ···· ··· Leather and allied product manufacturing (December 1984=100) ... Wood products manufacturing ... .. ..... .......... ....... .. ... .. .. ....... .. .. ..... Paper manufacturing .......... .... ..... .......... ........ ... ....... ........... ..... ... ............ ............ ................... Printing and related support activities. 143.4 100.0 100.0 100.0 143.3 99.3 99.3 100.2 143.6 102.7 99.4 100.2 143.8 105.9 99.5 100.4 143.5 108.1 100.1 100.8 143.4 110.2 101 .1 100.8 143.5 108.3 102.3 101.0 143.6 106.7 103.4 101.3 143.7 109.9 104.2 101 .5 143.5 110.8 104.9 102.0 324 325 326 331 332 333 334 335 336 337 339 Petroleum and coal products manufacturing (December 1984=100) .. .. Chemical manufacturing (December 1984= 100) Plastics and rubber products manufacturing (December 1984=100) .. Primary metal manufacturing (December 1984= 100) ...... Fabricated metal product manufacturing (December 1984=100) .... .... . Machinery manufacturing ... ... ... ... .... ··· ·· ···· ·· ······ ············ Com outer and electronic oroducts manufacturina ... .... Electrical equipment, appliance, and components manufacturing ..... Transportation equipment manufacturing ..... Furniture and related product manufacturing(December 1984=100) ... . ............... ... ......... . .... .. Miscel laneous manufacturing ... 117.5 165.3 128.8 12 1.4 133.7 100.0 100.0 100.0 100.0 147.6 100.0 131.5 167.0 128.9 124.0 134.6 100.3 99.8 100.2 100.2 147.4 100.5 130.7 167.9 129.4 128.5 135.7 100.6 99.5 100.7 100.1 148.7 100.9 134.3 168.8 129.6 132.3 137.5 100.9 99.3 101.8 100.4 149.0 100.8 141.9 169.7 130.0 138.4 139.4 101.3 99.5 102.7 100.2 149.7 101 .0 152.0 170.3 130.4 142.2 140.8 101.6 99.3 103.3 100.4 151.4 100.9 144.1 171 .6 130.8 142.3 141.9 101.8 99.1 103.5 100.6 151 .7 101 .2 152.0 172.0 131.4 147.6 142.6 102.1 99.0 103.7 100.4 152.1 101.3 155.6 173.2 131 .8 149.1 143.7 102.2 98.9 103.8 99 .9 152.7 101.0 158.9 175.6 132.5 150.9 144.2 102.5 98.9 104.1 99 .9 152.7 101.6 311 312 313 315 441 442 443 446 447 454 Retail trade Motor vehicle and parts dealers .. .. .......... .. ...... ........ ....... .. .. .. Furniture and home furnishings stores .. ........ ....... .... .. Electronics and appliance stores ...... . Health and personal care stores .... Gasoline stations (June 2001=100) ............... ... .... .... ... ... ..... .... ... ..... .. ..... ... ........ Nonstore retailers ... 100.0 100.0 100.0 100.0 47.9 100.0 101 .6 99.5 101.4 99.6 45.5 102.9 101.7 100.8 99.7 99.9 46.6 105.4 103.2 101.8 99.9 96.9 55.4 113.2 103.8 102.0 101 .2 97.4 56.6 108.6 103.7 101.4 101.2 97.5 53.2 107.0 103.7 102.8 98.8 98.7 59.3 108.7 104.0 102.5 99.9 99.5 46.0 106.1 103.4 103.0 98.8 101 .5 47.0 103.6 103.5 103.6 101 .6 107.3 45.8 107.5 481 483 491 Transoortatlon and warehousino Air transportation (December 1992= 100) .. .. ... ... .... ..... ..... .. .... ... Water transportation Postal service (June 1989= 100) 162.7 100.0 155.0 163.3 99.0 155.0 163.6 98.9 155.0 162.0 99.4 155.0 162.3 100.1 155.0 162.2 100.3 155.0 162.8 100.3 155.0 163.4 100.4 155.0 165.1 100.5 155.0 160.6 103.0 155.0 221 Utilities Utilities .. ...... . .. ..... . . .. 100.0 101.7 102.5 101 .2 101 .8 103.1 106.9 107.1 107.5 105.1 Health care and social assistance ..... . .. . .. .. . .. ... . Office of physicians (December 1996=100) . Medical and diagnostic laboratories . Home health care services (December 1996=100) ... ... .... ... ....... ....... Hospitals (December 1992=100} .. Nursing care facilities ... •••• •• •••••••••••••• • • •• • • • • • • oo •• • •• • • •• • oo••• • Residential mental retardation facilities ...... .. ..... ... ..... .... .... .... ....... .. 112.8 100.0 119.0 137.6 100.0 100.0 114.1 100.3 119.5 139.5 101 .2 100.1 114.3 99.8 119.6 140.1 101.4 99.9 114.3 99.8 119.6 140.3 101.6 99.9 114.4 99.8 119.7 140.7 101.9 99.9 114.4 100.0 119.7 140.8 102.0 100.5 114.3 100.0 119.7 140.9 102.0 100.5 114.5 100.0 119.9 142.3 102.1 99.9 114.5 100.0 119.8 142.1 102.9 100.6 114.5 100.1 119.7 142.4 103.1 100.6 100.0 100.0 100.0 100.0 100.0 100.9 97.8 100.4 99.9 101 .8 101 .3 99.1 100.0 98.9 102.0 101 .3 100.3 100.2 98.4 101 .7 101.4 101.6 100.1 98.5 102.3 101.3 103.1 99 .9 98.9 102.4 101.4 102.7 99.9 99.0 102.7 101.8 100.5 99.7 99.0 102.5 101.2 100.1 100.0 99.0 102.3 101 .0 101.9 99 .5 98.8 103.2 100.0 100.0 100.0 109.1 126.5 100.0 99.1 100.0 100.1 107.9 131.4 100.8 99.4 100.2 100.6 109.8 131 .7 100.7 99.6 100.7 101.1 107.4 131 .7 100.8 101 .0 100.8 101 .3 106.0 131.8 101 .1 102.6 100.8 101.9 104.5 131 .8 101 .2 102.1 101 .0 98.5 105.6 131.8 101.1 103.2 101.1 101 .5 109.7 132.0 101.3 105.2 101 .1 102.7 111 .0 131.9 101.6 104.7 101.1 100.7 108.2 132.3 101.8 125.3 100.0 112.1 100.0 100.0 100.0 120.5 125.7 99.6 112.1 99.0 100.3 100.8 122.2 125.9 99.6 112.5 98.7 100.3 101.3 123.6 126.5 99.8 113.2 98.7 100.4 100.8 124.9 126.6 99.9 113.1 98.7 100.5 101.3 124.8 126.5 99 .9 113.4 98.7 100.6 101 .5 124.4 126.6 99.9 113.8 97.4 101 .0 101 .5 125.6 126.9 100.3 114.0 96 .1 100.8 101 .3 128.6 126.9 100.7 114.8 95.4 101 .6 101 .3 128.6 127.2 100.4 114.8 94.8 100.9 101.3 125.4 6211 6215 6216 622 6231 62321 511 515 517 5182 523 53112 5312 5313 5321 5411 541211 5413 54181 5613 56151 56172 5621 721 Other services industries Publishing industries, except Internet ..... ..... .. ....... ... ... ... .. Broadcasting, except Internet.. .... .... .... Telecommunication, ...... .... . .. ... ... ..... . .. . .. .. .. .... ... Data processing and related services ... . .. . ......... . . .. . ... .. .. . . .... . Securitv. commoditv contracts. and like activitv ..... .. .. .. ... .... .. Lessors or nonresidental buildings (except miniwarehouse) ....... Offices of real estate agents and brokers .. .... .. . . . ...... Real estate support activities .... ... ...... .... ..... ... .. .. .... ........ .... ... . Automotive equipment rental and leasing (June 2001=100) ..... .... ... ... . . . . . . . . . . . . . . . ... Legal services (December 1996=100} Offices of certified public accountants ....... .... .. .... ... ... .... ...... ..... ...... Architectural, engineering, and related services (December 1996=100) ... .. . . ... .. ... .. . .. . .. . Advertising agencies .. ····················· ······ ···· ······ ··· ··· ···· ···· ······· Employment services (December 1996= 100) ... ... ..... .... ... ..... ... .... .... Travel agencies .. . ····· ···· ······· ·· ··············· ·· ········ ······· ·· · Janitorial services .... ... .... .......... ... ..... .. ...... ...... ......... .... Waste collection .. . .. . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . Accommodation (December 1996=100) .... .... ..... ... .. ..... .. .. . NOTE: Data reflect the conversion to the 2002 version of th e North American Industry Classification System (NAICS) , replacing the Standard Industrial Classification (SIC) system. 130 Mar. Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 42. Annual data: Producer Price Indexes, by stage of processing (1982 = 100] Index 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 Finished goods Total. ....... .... ..... .. ... .......... ... ........ .............. .... .. .. ... .......... . Foods ..... ......... .. .......... .. .... .... ... .. .. . ..... ... .. ... ....... . . Energy .... ..... .... ... . .. .... ... .. ........ ......... ...... . ... . ....... . Other ............ ............ .......... .. ... ... .. . .... . ....... ........... . 124.7 125.7 78.0 135.8 125.5 126.8 77.0 137.1 127.9 129.0 78.1 140.0 131.3 133.6 83.2 142.0 131.8 134.5 83.4 142.4 130.7 134.3 75.1 143.7 133.0 135.1 78.8 146.1 138.0 137.2 94.1 148.0 140.7 141.3 96.8 150.0 138.9 140.1 88.8 150.2 143.3 146.0 102.0 150.5 Intermediate materials, supplies, and components Total. ... ......... .............. ...... .. .......... ... ... ... ... .. Foods ............... .. ... .... .. .. .... ..... . .. .. .. .. .. .. ...... .... ... . . Energy .... ...... .. .. .......... ...... .......... .. .. . .. .... ....... . ...... . . Other. .. ..... ......... ..... .... . ............ ... .. .... ... ........ ... .. .. .. . 116.2 115.6 84.6 123.8 118.5 118.5 83.0 127.1 124.9 119.5 84.1 135.2 125.7 125.3 89.8 134.0 125.6 123.2 89.0 134.2 123.0 123.2 80.8 133.5 123.2 120.8 84.3 133.1 129.2 119.2 101 .7 136.6 129.7 124.3 104.1 136.4 127.8 123.3 95.9 135.8 133.7 134.4 111 .9 138.5 102.4 108.4 76.7 94.1 101 .8 106.5 72.1 97.0 102.7 105.8 69.4 105.8 113.8 121.5 85.0 105.7 111 .1 112.2 87.3 103.5 96.8 103.9 68.6 84.5 98.2 98.7 78.5 91 .1 120.6 100.2 122.1 118.0 121 .3 106.2 122.8 101 .8 108.1 99.5 102.0 101 .0 135.3 113.5 147.5 116.8 Crude materials for turther processing Total. ..... .............. ..... .. ...... ... .. ... ......... ........... ................. . Foods ......... ... ....... .. ....... . . Energy ... .... ....... .. .... ..... ....... .... ... ...... .. ...... .... ...... . Other ...... ... .... ... ... .......... .... ..... ... ... ........ ...... ........ .. . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 131 Current Labor Statistics: Price Data 43. U.S. export price indexes by Standard International Trade Classification (2000 = 100] SITC 2003 Industry Rev. 3 2004 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. 0 Food and live animals ... .. .. .. .. ... .. .. ..... ............ .. .. ...... . 01 Meat and meat preparations ..... ...... ..... ....... .. . . . . . . . . . . . . . . .. . Cereals and cereal preparations ..... ...... ............. ......... 04 Vegetables, fruit , and nuts, prepared fresh or dry .. 05 112.1 117.2 124.2 101 .4 112.2 123.5 119.4 103.2 115.2 125.6 125.6 102.8 116.5 123.0 130.8 103.2 117.0 122.8 131 .6 103.1 119.9 125.0 135.2 108.4 122.7 127.1 139.6 110.1 126.1 127.6 147.7 109.5 126.7 127.7 146.0 113.3 123.9 127.3 141 .2 111 .1 119.8 123.0 128.0 110.0 116.5 126.1 120.6 113.2 117.8 124.6 122.0 120.2 2 Crude materials, inedible, except fuels ............... ............ Oilseeds and oleaginous fruit s ............................... .. .. .... 22 Cork and wood .. ....... ...................... ,....... ,.... ....... ... ...... .. 24 Pulp and waste paper .. ... ...... ........ ····························· 25 ··· Textile fi bers and their waste ... .... .......... .... ......•.. . ....... 26 Metalliferous ores and metal scrap ..... ...... ... ... .... . 28 106.2 121.1 91.6 88.8 109.6 119.9 111.2 136.7 92.0 90 .8 121.4 121.1 116.3 150.9 92 .5 91 .9 128.5 129.6 116.9 152.5 93.7 91.7 121 .2 136.6 120.2 157.2 94 .5 91.7 123.7 148.9 122.3 160.9 95.6 92.5 122.2 156.8 129.0 181 .6 96.5 94.2 121 .9 171.4 132.8 197.1 97.6 98.8 115.9 176.2 132.5 199.0 98.2 100.4 114.9 170.6 125.7 168.5 98.3 100.8 108.7 167.5 132.1 184.5 98.9 100.1 102.9 190.2 117.9 117.4 98.8 99.5 101.1 183.0 119.1 125.1 99.1 98.7 102.1 177.2 3 Mineral fuels, lubricants, and related products ............. 1? Coal, coke , and briquettes ... .......................................... Petroleum, petroleum products , an d related materials .. 33 108.7 111 .6 104.2 108.2 111.6 104.1 106.3 111.6 101.2 11 0.7 112.9 106.2 120.5 119.3 - 137.5 141.2 - - - 139.3 - - - 116.8 114.7 - 120.1 - 119.8 135.0 129.7 134.5 136.2 138.0 5 Chemicals and related products, n.e.s. .......... .... ..... ... .... Medicinal and pharmaceutical products ...... .... .............. 54 Essential oils; polishing and cleaning preparations .... ..... 55 Plastics in primary forms ........ ......... ..... ...................... .. .. 57 Plastics in nonprimary forms . . . . . . . . . . . .. . . . . . . . . . . . . . . ..... 58 Chemical materials and products, n.e.s. ..... .... .... ... ··· ··· 59 100.3 105.4 98.2 95.4 98.2 101.9 100.7 105.9 98.9 95.5 98.3 102.4 100.9 106.5 99.4 95.8 97.1 102.5 101.4 105.8 100.1 96.5 97 .2 102.6 102.9 105.4 104.3 98.3 96.8 105.0 104.0 105.3 104.2 100.9 97.2 105.2 104.9 105.5 104.3 102.1 97.4 104.8 105.5 105.7 104.1 102.2 96.9 104.8 105.6 105.7 104.4 102.9 96.7 104.8 105.8 105.8 104.3 103.2 96.5 104.9 107.0 107.9 104.1 104.8 97.2 104.6 108.7 108.1 105.0 107.5 97.2 106.3 109.6 108.0 105.5 109.6 97.5 105.5 6 Manufactured goods classified chiefly by materials ..... 62 Rubber manufactures. n.e.s................................ ....... ... 64 Paoer , oaoerboard . and articles of oaoer. oulo. and oaoerboard ... .. . .. ........ ...... .. . ......... ..... ... . 66 Nonmetallic mineral manufactures. n.e .s.... .............. .... . 68 Nonferrous metals .. ... .. .... ........ .. ...... ..... . · ·· ·· ··· ···· ·· ····· · 7 Machinery and transport equipment... .. .. .................. .. ... . 71 Power generatin g machinery and equipment.... .. ... ....... Machi nery specialized for particular industries .. .. .... ····· 72 74 General industrial machines and parts , n.e.s., and machine parts ..... . .. ..................... ..... . ........ ........... Computer equipment and office machines .. . . . . . . . . . . . . . . . .. 75 76 Telecommunications and sound recording and 77 78 reproducing apparatus and equipment.. Electrical machinery and equipment... ...... .... .. .. ............ Road vehicles ............. ..... ..... ...... ... .. .... ... ... .................. 123.0 123.2 135.1 131.8 Sept. 100.2 100.3 100.7 100.8 101.7 103.0 104.1 105.6 106.6 107.0 108.5 109.6 110.5 109.2 109.2 109.5 109.9 11 0.4 110.9 11 0.4 110.9 110.8 111 .2 111 .8 112.0 111.2 98.3 99.5 81 .6 97.4 99.5 81 .9 97 .9 99.7 83.4 97.6 99.8 84.5 97.9 99 .7 85.9 97 .8 99 .6 90.9 97.9 99 .7 94 .1 98.7 99 .7 98.1 99.0 99.5 97.6 99.2 99 .9 95.4 101.2 99 .9 95.4 101 .9 100. 2 96 .7 102.7 100.5 98.5 97 .9 107.5 103.1 97.7 107.9 103.1 97 .7 108.5 103.3 97 .8 108.7 103.4 97.9 109.3 103.9 98.1 109.4 104.0 98.2 109.4 104.2 98.4 108.7 105.1 98.4 108.7 105.4 98.2 108.7 105.4 98.2 108.9 105.7 98.2 109.0 105.9 98.3 109.0 106.1 102.6 87.8 102.6 87.9 102.8 88.0 102.8 88.6 103.3 87.7 103.5 88.2 104.0 88.4 104.5 88.8 104.8 88.6 104.9 87.2 105.2 86 .6 105.3 86.4 105.3 86.2 93.3 89.4 101 .4 92.8 88.6 101 .5 92.2 88.2 101 .6 92 .0 88.1 101 .5 92.6 88.0 101 .7 92 .5 88.3 101 .9 92.4 88.6 101.9 92 .2 88.5 102.3 92.0 88.6 102 .3 91 .8 88.2 102.4 91.5 88.3 102.5 90 .7 88.2 102.5 90.7 88.2 102.8 102.2 102.1 102.3 102.3 102.2 102.3 102.3 102.2 102.1 102.0 101 .7 101 .9 101 .8 87 Professional, scientific, and controlling instruments and apparatus .................... .. .... ...... .... . 132 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 44. U.S. import price Indexes by Standard International Trade Classification = 100) [2000 SITC 2003 Industry Rev. 3 Sept. 2004 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. 0 Food and live an imals ..... .......... ............. ... .... .... ....... 01 Meat and meat preparations ..... ............ ... .........•.. ..... .. Fish and crustaceans, mollusks, and other 03 100.0 112.8 100.3 115.2 100.0 117.2 101.0 120.4 102.2 117.7 104.7 118.0 105.4 120.4 106.4 121 .7 106.1 124.4 106.9 128.9 107.4 133.7 107.4 134.2 109.2 135.1 aquatic invertebrates ··· ··· · ··· ·· ···· ········ ··· · ······ ············ Vegetables , fruit, and nuts, prepared fresh or dry .... ...... Coffee, tea, cocoa, spices, and manufactures thereof ... ............. ... ... ....... . ... ..... .. ... ... ... .... .... ... .... 82 .2 105.0 79.8 106.4 79.3 108.9 79.2 109.4 78.2 112.3 80.0 115.7 83.3 111 .3 85.1 109.5 84.1 106.1 84.1 105.9 86.1 102.1 86.9 100.6 86.1 109.2 98.6 95 .5 93.1 96 .0 100.1 101.9 101.7 103.6 102.4 107.0 102.7 103.3 105.6 1 Beverages and tobacco ........... .......... ... ........... .. ..... . 11 Beverages . .. . ... .. .... ... ...... ...... ...... ..... ....... ..... ... ..... 104.0 103.9 104.3 104.2 104.4 104.2 104.4 104.3 104.7 104.9 105.0 105.2 105.3 105.5 105.3 105.5 105.4 105.7 105.3 105.6 105.9 106.4 106.1 106.6 106.2 106.7 2 Crude materi als, inedible, except fuels .......................... 24 Cork and wood ... ..... . .. . . .. ... . ... . ...... . .. . . . . .. .. .. . ...... ... .. .• ... .. . Pulp and waste paper ... ....... .. ..... ..... .... ... .. .... .... ...... 25 Metalliferous ores and metal scrap .. ... ....... .. ...... .... .... 28 Crude animal and vegetable materials, n.e.s. ·· ···· ········· 29 106.1 113.0 90.4 103.7 95.7 104.2 106.2 90.8 104.3 95.1 104.5 103.2 91 .9 108.7 94.8 107.9 108.0 92.8 115.3 99 .6 109.5 108.9 93.3 124.2 98.9 114.1 115.7 91.9 134.6 99.5 120.0 123.3 95.4 148.0 99.7 122.9 127.8 100.8 148.2 99.3 127.3 139.0 103.4 143.5 102.1 125.8 136.1 106.5 140.4 98.0 125.7 132.1 108.0 145.3 101 .2 134.1 149.0 107.7 160.8 97.6 135.1 151 .1 105.5 162.4 98.7 3 Mineral fuels, lubricants, and related products ............. Petroleum, petrole um products, and related materials .. . 33 Gas, natural and manufactured ........ ..... .. ············· ......... 34 101 .5 99 .4 114.4 101 .3 100.1 106.2 103.3 102.3 106.6 108.2 106.9 113.9 117.3 114.0 138.0 117.7 114.5 137.1 120.8 120.0 122.9 121 .1 120.3 123.3 131 .6 131 .5 129.5 131 .5 130.0 140.0 133.9 133.0 134.8 144.1 144.6 136.3 146.1 148.7 122.0 5 Chemicals and related products, n.e.s. ................... ...... Inorganic chemicals .. . ····························· ...................... 52 Dying, tanning, and coloring materials .................. 53 54 Medicinal and pharmaceutical products .. .. .................... Essential oils; polishing and cleaning preparations ....... . 55 Plastics in primary forms ...... ... ............ ............ .... 57 Plastic s in nonprimary forms ........ ... . ·· ·· ····· ··· ·· ·· ·· ··· 58 Chemical materials and products, n.e.s. ........................ 59 99.2 105.4 97.7 101 .9 91 .6 102.7 101 .4 91 .8 100.2 108.8 98.1 102.3 91.2 105.6 101.7 92.3 100.8 11 1.9 99.0 103.4 91 .6 105.6 101 .7 93.1 101 .1 114.0 99.6 103.4 91.6 105.5 101 .8 93.3 103.0 119.3 99.9 107.2 92.7 104.4 102.1 94.3 103.4 120.6 99.7 107.7 93.3 105.2 102.4 94.9 103.8 120.5 99.5 108.1 93.7 106.9 102.9 95.8 103.5 115.9 100.6 107.7 93.5 105.5 102.9 95 .4 103.5 117.5 100 .8 107.3 93.4 105.8 102.9 95.1 103.8 119.8 100.3 107.1 93.5 104.6 102.3 95.2 104.6 122.2 98.3 107.3 93.5 107.8 103.0 94 .7 105.1 124.0 98.4 107.0 96 .4 108.4 103.3 94 .1 105.7 124.4 98.4 106.5 93.4 109.2 103.6 94.5 6 Manufactured goods classified chiefly by materi als ..... Rubber manufactures, n.e.s. ................. .. ........ ... ... ......• • 62 Paper, paperboard, and articles of paper, pulp, 64 95.7 98.5 96.5 98.5 97.4 98.6 97.8 98.8 98.9 99.0 101.4 99.2 103.6 99.7 105.6 99 .9 106.9 100.0 106.1 100.5 106.1 100.5 107.5 100.8 108.7 100.8 and paperboard ....... .... . . . . ... .. . .. . . ....... . .. . .. .... ....... Nonmetallic mineral manufactures, n.e.s. ............... ...... Nonferrous metals .... ....... .... .......... ....................... ,......... . Manufactures of metals, n.e .s. .. . .. . . . ... .. ... . .... ........ ... .. 94.5 97.8 80 .7 98.5 94.7 97.9 82.0 98.7 94.2 98. 1 85.1 99.1 93.7 98.1 87.7 99.5 94.1 98.5 92.3 99.7 94.5 98.9 97.0 100.3 95.0 99.0 102.6 101.1 94.8 99 .3 105.8 102.3 95.5 99.4 106.1 102.4 95.5 99.4 101 .6 102.4 96.4 99.3 102.3 102.7 96.8 100.2 105.2 103.3 97.9 100.3 105.7 103.9 7 Machinery and transport equ ipment ............. .................. Machinery specialized for particular industries ......... 72 General industrial machines and parts, n.e .s., 74 and machine parts .. · ··· ··· · ······· · ·· ······ ····· ............. . ..... ... Computer equipment and office machines ..... ...... .......... 75 Telecommunications and sound recording and 76 95.5 102.2 95.3 102.4 95.4 103.3 95.3 103.6 95.4 104.9 95.5 106.4 95.5 106.7 95.2 106.5 95.2 106.7 95.1 106.6 95.0 107.2 95.0 107.6 95.0 107.5 100.2 80.5 100.4 78.6 100.9 78.5 101 .2 78.2 101 .8 78.0 102.5 78.0 103.3 77.7 103.5 76 .5 103.6 76.4 103.5 75.5 104.0 74 .9 104.2 74.3 104.4 74.0 88.6 96.0 100.6 87.7 95.9 101.3 87.5 96.0 101.4 86.7 95.3 101 .6 86.4 95.4 101 .9 85.4 95.7 102.0 85.1 95.6 102.0 84 .9 94 .9 102.2 84.9 94.8 102.3 84.7 94.7 102.4 84 .3 94.6 102.6 84 .0 94 .7 102.8 83.8 94.6 103.0 05 07 66 68 69 78 reproducing apparatus and equipment.. Electrical mac hinery and equipment ..... ··········· ... ······· ....... .... .•... .... .. . . .... Road vehicles ...... .... ... 85 Footwear ······· ··· ······· ·· ··· ····· ··· ····· ····· ···· ................ ..... . 99.9 100.0 100.1 100.1 100.5 100.5 100.6 100.6 100.6 100.4 100.4 100.1 100.5 88 Photographic apparatus, equipment, and su pplies, and optical qoods n .e.s . ....... .... ..... ... ..... .. ... ... .... ... ..... . 99 .2 99.3 99.8 99 .9 99.9 100.3 100.0 99.4 99 .3 99.0 98.2 98.2 98.2 November 2004 133 77 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review Current Labor Statistics: Price Data 45. U.S. export price indexes by end-use category (2000 = 100] 2003 Category Sept. 2004 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. ALL COMMODITIES .................................................. 99.8 100.0 100.5 100.8 101.5 102.2 103.0 103.7 104.1 103.4 103.9 103.4 103.8 Foods, feeds, and beverages ... .. .... ... ... .. ..... ... .. ..... Agricultural foods , feeds, and beverages ......... .... .. . Nonagricultural (fish, beverages) food products ..... 115.3 116.3 106.5 117.2 118.4 105.6 121 .4 122.8 107.5 122.4 123.8 108.5 123.1 124.6 109.5 125.6 127.2 110.7 130.5 132.4 112.1 134.8 137.0 113.4 135.6 138.0 112.7 129.1 131 .1 110.7 128.0 129.9 110.1 116.5 117.0 111 .6 118.8 119.2 114.4 Industrial supplies and materials .... ................... .... . 100.2 101 .0 101 .7 102.5 105.1 106.4 108.1 109.1 110.2 109.9 112.0 113.1 113.8 Agricultural industrial supplies and materials .... .. .... 107.3 113.3 119.0 117.5 118.6 116.6 117.2 114.8 113.7 110.7 109.0 108.4 109.4 Fuels and lubricants ................................ .......... ... . Nonagricultural supplies and materials, excluding fuel and building materials ......... ......... Selected building materials ..... .. .... ..... .. ..... ............. . 97.6 97.5 96.4 99.0 106.1 106.5 108.9 109.6 117.5 114.9 118.6 120.4 120.8 100.5 98.4 101 .1 98.8 101 .7 99.1 102.5 99.5 104.7 98.7 106.4 100.9 108.1 102.3 109.4 103.4 109.9 103.9 110.0 103.4 112.4 102.8 113.5 103.3 114.3 104.0 Capital goods ... ................... ............................ .. . Electric and electrical generating equipment.. ........ Nonelectrical machinery ........... .............................. 97.5 101 .7 94.3 97.3 101 .7 93.9 97.3 101 .7 93.9 97.5 101 .7 94.1 97.5 102.0 93.9 97.8 101 .9 94.3 98.0 102.0 94.5 98.1 101 .7 94.6 98.1 101 .7 94.6 97.8 102.0 94.1 97.8 102.2 94.0 97.8 102.3 94.0 97.9 102.3 94.0 Automotive vehicles, parts, and engines ........ ... .... .. 101 .8 101 .9 101 .9 101 .8 101.9 102.0 101 .9 102.2 102.3 102.3 102.4 102 .6 102.6 Consumer goods, excluding automotive ... ..... .... ...... Nondurables, manufactured .......................... ......... Durables, manufactured ......... .. ....... .................... 99.4 98.5 100.1 99.8 99.0 100.3 100.0 99.4 100.3 99.9 99.2 100.3 100.2 99.9 100.1 100.1 99.9 100.0 100.2 99.9 100.1 100.4 100.1 100.5 100.5 100.1 100.6 100.4 100.0 100.7 100.9 100.8 100.8 101 .1 101.0 101 .0 101 .0 101.0 100.9 Agricultural commodities ..... ..... ....... ........ ............. Nonagricultural commodities ...................... ... .... ... . 114.7 98.6 117.5 98.7 122.2 98.8 122.7 99.1 123.5 99.8 125.3 100.4 129.7 100.9 133.0 101 .4 133.7 101 .7 127.4 101.5 126.1 102.2 115.5 102.6 117.5 102.8 134 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 Sept. 46. U.S. import price indexes by end-use category [2000 = 100] 2003 Category Sept. Oct. ALL COMMODITIES .................................................. 96.2 96.3 Foods, feeds, and beverages ....... ...... ..... ..... ..... ... . Agricultural foods, feeds , and beverages .... ... ...... .. . Nonagricultural (fish , beverages) food products .. ... 101 .8 108.3 87.6 Industrial supplies and materials .. .. . . .. 2004 Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. 96.8 97.5 99.0 99.4 100.2 100.4 101 .9 101.7 102.1 103.5 104.0 101.9 109.0 86.3 102.4 109.7 86 .0 103.2 110.9 86.0 103.7 112.0 85.1 105.3 113.4 87.2 105.9 113.0 90.1 107.2 114.2 91.7 106.8 114.0 90.6 106.9 114.3 90.3 107.5 114.5 91.8 107.3 114.0 92 .3 108.7 116.4 91 .5 1 ... .. .. 98.9 99.5 100.7 103.6 108.5 110.0 112.7 113.9 119.7 119.3 120.6 126.4 128.1 Fuels and lubricants ........... .......... ........ ... ... .. ..... .. .. Petroleum and petroleum products .... ............... 99.4 97.2 100.1 98 .8 102.0 100.9 107.2 106.0 116.5 113.7 117.0 114.3 120.2 120.1 120.6 119.9 131 .0 131 .2 130.9 129.7 133.2 132.7 143.2 144.2 145.4 148.3 Paper and paper base stocks ......... ... .......... .... .. .. ... Materials associated with nondurable supplies and materials .... ... ..... ........................... .. Selected building materials .................................. .. . Unfinished metals associated with durable goods .. Nonmetals associated with durable goods ............. . 94.0 94.0 93.9 93.9 94.1 94.2 95.6 96.8 98.2 99.0 100.0 100.4 101.2 102.5 110.3 93.4 97.5 103.4 109.5 94.4 97.7 104.2 108.1 96.4 98.1 104.4 108.0 99.2 98.2 104.7 106.8 104.5 98.5 104.8 113.7 109.5 99.2 105.4 118.4 114.9 99.3 105.1 120.2 121 .7 99 .3 105.4 123.6 126.2 99.1 106.0 120.5 124.4 98.7 106.5 117.6 126.1 98.5 107.7 124.0 129.2 98.5 107.9 125.6 132.3 98.8 Capital goods ... ............ ... .... .............. ... ............. Electric and electrical generating equipment.. ... .... . Nonelectrical machinery ..... .... ............... ............... .. 93.5 95.8 92.1 93.0 96.2 91.4 93.3 96.5 91.6 92.9 96.8 91.1 93.1 97.4 91.2 93.1 97 .9 91.2 93.1 97 .8 91 .2 92.6 97 .2 90 .6 92.6 97.1 90 .5 92.2 97 .0 90.1 92.2 97 .5 90 .0 92.1 97.5 89.9 92.0 97 .4 89.8 Automotive vehicles, parts, and engines ....... .......... 100.5 101 .2 101.2 101.4 101 .6 101.7 101.8 102.0 102.0 102.2 102.3 102.5 102.6 Consumer goods, excluding automotive .. ... .... ......... Nondurables, manufactured ..... ... ........ ...... ............. Durables . manufactured ... ... .. ........ .. .. . ..... .... ... .. Nonmanufactured consumer goods .... .... ... ..... .. 97.9 99.7 96.2 95.7 97.9 99.8 96.1 95.8 98.1 100.0 96.2 95.8 98.1 100.1 96.2 96.2 98 .6 101 .1 96.3 95.9 98.7 101 .2 96.3 96.2 98.7 101 .3 96.3 96.4 98.6 101 .1 96.3 96.4 98.5 101 .0 96.0 97.3 98 .5 100.9 96.1 96.8 98.5 101 .0 95.9 97.4 98.4 100.9 95.9 97.9 98.4 100.8 95.9 97 .9 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .. . .. ... .. . 47. U.S. international price Indexes for selected categories of services [2000 = 100, unless indicated otherwise] Dec. Sept. Mar. Sept. 116.2 96.1 116.6 99.0 118.7 100.7 - - 116.1 116.2 100.0 100.0 117.7 105.1 99.3 119.1 106.1 114.2 121.1 110.1 114.2 120.3 108.8 97. 2 109.4 95.4 Inbound air passenger fares (Dec. 2003 = 100) ....... ... Outbound air passenger fares (Dec. 2003 = 100)) .. Ocean liner freight (inbound) ......... ........ .... ............. ... - - 94 .0 June 112.9 94.9 105.9 95.4 93.3 Mar. 112.5 95.5 100.3 97.3 - Dec. Sept. June Air freight (inbound) ........... .... .......... ................. ......... . Air freight (outbound) ........... .. ... .... .. ... .... ..... ..... ... ... 93.5 2004 2003 2002 Category - NOTE: Dash indicates data not available. Monthly Labor Review November 2004 135 Current Labor Statistics: Productivity Data 48. Indexes of productivity, hourly compensation, and unit costs, quarterly data seasonally adjusted (1992 = 100] 2001 Item 2002 Ill IV I Business Output per hour of all persons ... ... .......... ............ ... .. ...... Compensation per hour ...... .... .. .... .. .. ..... ...... ..... ... .. Real compensation per hour. ... ...... ....... ... ...... .. .. .. .. . Unit labor costs ..................... .............. .... ..... .... ..... .... Unit nonlabor payments .... ...... ..... .................... .... .. .. Implicit price deflater .. .. ........... .... ..... ....... ...... .... ... . 118.8 140.4 113.2 118.2 110.2 115.2 120.9 141 .5 114.2 117.0 113.1 115.6 Nonfarm business Output per hour of all persons .... .. .... ......... .. ... .. ... .......... Compensation per hour .. .... .......... ........ ..... .... ....... . Real compensation per hour .... ........ ........ ... .. .... .... .. Unit labor costs .... .. .. .. ..... .... ................ ............ .. ... ..... Unit nonlabor payments .. ....... ...... .. .......... .. ...... ........ Implicit price deflater ....... .... ...... ..... .... .. ... ... .... .. ..... 118.5 139.6 112.5 117.8 111 .9 115.6 Nonflnanclal 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 .. ................. ........ ... ... .. ............. .. .... ..... ... ........ Unit nonlabor payments .. ... ...... ...... ....... .......... .. ... .... Implicit price deflater ..... ..... ... .. .... .... ... ... ...... .......... Manufacturing Output per hour of all persons ..... ....... ................ ........ ... Compensation per hour ...... ...... ... .... .. .. ...... .... .. .... .. Real compensation per hour ...... ... .... ..... .... .. .... ..... .. Unit labor costs .............. ......... ............ ... .. ........ ..... .... 136 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2003 2004 II Ill IV I II Ill IV I II Ill 122.7 143.2 115.2 116.7 113.4 115.5 123.2 144.4 115.2 117.2 113.6 115.9 124.7 145.0 115.0 116.3 115.7 116.1 125.0 145.5 114.8 116.3 116.8 116.5 126.2 147.4 115.3 116.8 117.7 117.1 128.6 149.6 116.8 116.4 119.0 117.3 131.2 151.7 117.7 115.6 120.8 117.5 132.0 153.2 118.7 116.0 120.7 117.8 133.3 154.2 118.4 115.7 122.9 118.4 134.2 155.9 118.3 116.1 124.8 119.4 135.0 157.3 118.9 116.6 124.8 119.6 120.4 140.7 113.5 116.8 114.7 116.0 122.4 142.6 114.7 116.4 115.1 116.0 122.8 143.8 114.7 117.1 115.4 116.5 124.1 144.3 114.4 116.2 117.7 116.8 124.6 144.7 114.3 116.1 118.9 117.2 125.8 146.6 114.7 116.6 119.6 117.7 127.8 148.7 116.1 116.3 120.4 117.8 130.6 150.9 117.1 115.5 122.3 118.0 131.7 152.5 118.2 115.9 121 .9 118.1 132.8 153.3 117.7 115.4 124.3 118.7 134.1 155.2 117.8 115.7 126.1 119.6 134.7 156.5 118.3 116.2 126.6 120.0 123.0 137.9 111.1 112.8 112.1 114.7 79.4 105.2 109.8 123.9 139.3 112.5 113.4 112.4 116.2 75.8 105.4 110.1 126.3 139.9 112.6 111 .6 1,110.8 114.0 89.1 107.4 109.6 127.9 141 .3 112.7 111 .2 110.5 112.9 94.7 108.1 109.7 129.2 142.1 112.7 110.7 110.0 112.7 95.7 108.2 109.4 130.2 142.9 112.8 110.4 109.7 112.3 101 .8 109.5 109.6 131 .3 144.1 112.7 110.7 109.8 113.2 99.2 109.4 109.7 134.1 146.3 114.2 109.7 109.1 111 .4 111 .0 111 .3 109.8 137.2 148.5 115.3 109.0 108.2 111 .1 118.7 113.1 109.9 138.9 150.0 116.2 108.7 108.0 110.5 123.2 113.9 110.0 138.9 150.9 115.9 108.8 108.6 109.5 128.1 114.5 110.6 139.9 152.6 115.8 109.4 109.1 110.0 134.5 116.6 111.6 - - 136.9 137.3 110.6 100.3 140.4 139.4 112.5 99.3 143.8 144.1 115.9 100.2 145.7 147.0 117.2 100.8 147.8 148.6 117.8 100.5 148.8 149.9 118.3 100.7 151 .0 155.7 121.8 103.1 152.1 158.5 123.8 104.2 155.9 161 .6 125.4 103.6 157.2 163.9 127.0 104.2 158.3 162.2 124.5 102.5 161 .5 163.7 124.3 101.4 163.2 165.5 125.0 101 .4 November 2004 - - 49. Annual indexes of multifactor productivity and related measures, selected years (1996 = 100) Item 1980 1990 1991 1992 1993 1994 1995 1997 1998 1999 2000 2001 Private business Productivity: Output per hour of ail persons ....... ... ...... ... ........ ....... Output per unit of capital services ...... ................ .. .. Muitifactor productivity ...... .. .. .......... .... .... ... .. .... .... Output. ... .. ... ..... ... ...... .... ...... ....... ... ... ... .... ............ .... Inputs: Labor input. .. .......... .. ........ ............ ....... .... ... ... ... .... ..... .. Capital services .......... ......... .... .. .. ... .. .... ...... ..... .. ... Combined units of labor and capital input.. ... ...... ..... Capital per hour of ail persons ........................ ........ .... 75.8 103.3 88.8 59.4 90.2 99.7 95.5 83.6 91 .3 96.5 94.5 82 .6 94.8 98.0 96.7 85.7 95.4 98.7 97.1 88.5 96.6 100.4 98.2 92 .8 97.3 99.8 98.4 95.8 102.2 100.3 101 .2 105.2 105.0 99.3 102.5 110.5 107.7 98.2 103.4 115.7 111 .0 96.6 105.0 120.4 11 2.4 92.8 103.9 120.2 71.9 57 .6 67.0 73.4 89.4 83.8 87 .5 90 .4 88.3 85.7 87.4 94.6 89.3 87.5 88.7 96.8 91 .8 89.7 91 .1 96.6 95.6 92 .5 94.6 96.2 98.0 96.0 97.3 97.5 103.5 104.9 104.0 101.9 106.1 111 .3 107.9 105.8 109.0 117.9 110.9 109.7 110.1 124.5 114.7 114.8 109.5 129.6 115.7 121 .1 77.3 107.6 91 .0 59.6 90 .3 100.4 95.8 83.5 91 .4 97.0 94.8 82.5 94.8 98.2 96.7 85.5 95.3 99.0 97.2 88.4 96.5 100.4 98.2 92.6 97.5 100.0 98.6 95.8 102.0 100.0 101 .0 105.1 104.7 99.0 102.2 110.5 107.1 97 .6 102.9 115.7 110.3 95.9 104.4 120.2 111 .6 92.0 103.3 120.1 70.7 55.4 65.5 71 .8 89.2 83.2 87.2 89.9 87.9 85.1 87.0 94.3 89.0 87.0 88.4 96.5 91.8 89.4 91 .0 96.3 95.4 92.2 94.3 96.1 97 .8 95.8 97 .2 97 .6 103.6 105.1 104.1 101 .9 106.4 111 .7 108.1 105.8 109.5 118.5 112.4 109.7 110.6 125.4 115.2 115.0 110.1 130.5 116.3 121.3 62.0 97.2 81 .2 64.3 82.2 97.5 93.3 83.2 84.1 93.6 92.4 81 .5 88.6 95.9 94.0 85.5 90.2 96.9 95.1 88.3 93.0 99.7 97.3 92.9 96.5 100.6 99.2 96.9 103.8 101.4 103.1 105.6 108.9 101 .7 105.7 110.5 114.0 101 .7 108.7 114.7 118.3 101.0 111 .3 11 7.4 119.7 95.1 110.3 112.1 103.7 66.1 86.1 63.9 65.8 79.2 101 .1 85.3 93.1 77.5 84.7 89.1 96.9 87.1 93.2 78.5 84.6 88.3 96.5 89.1 93.1 83.5 92 .0 90 .9 97.8 91 .1 96.6 86.5 92.9 92.8 99.9 93.2 99.9 90 .3 96.0 95.5 100.4 96.4 102.3 93.1 100.4 97.7 101.7 104.1 97.5 101 .9 103.9 102.4 101 .5 108.7 100.6 107.5 103.1 104.6 100.7 112.8 102.9 107.9 105.4 105.5 99.2 116.2 104.3 106.9 106.5 105.5 99.6 117.9 98.9 105.5 97.7 101 .6 November 2004 137 Private nontarm business Productivity: Output per hour of ail persons ....... .. ...... ..... .. .... ... ... Output per unit of capital services ...... .. .. ....... ......... Multifactor productivity .... ...... ..... ........... .... ... ........ Output. .. ....... ..... .. ........ ............. .... ............. ..... ....... .. Inputs: Labor input. .... ............. .... .............. .. ....... ... ................. . Capital services ....... ......... .................. .... ...... .. ...... Combined units of labor and capital input.. .......... .... Capital per hour of ail persons .......... ......... .......... .. .. Manufacturing Productivity: Output per hour of ail persons .. ... .. .. ... .... .... .. ....... .. Output per unit of capital services ... .. .. .. .. .. ... .... ...... Multifactor productivity .... ... .... ......... .. ... .... .. ... ..... Output. ..... .......... .. ..... ................ ... ...... ... .. .... ... ..... ... . Inputs: Hours of all persons ......... ... ..... ........... .... ... ... ............... Capital services .... .. .... ......... ..... .. .... ... .. .... .......... ... Energy .. .... .. .. ... .... ... ... ......... ..... ... ..... ....... .. .. .. ... .. ... .. Nonenergy materials ... .... ................... .. ......... ......... ..... Purchased business services ...... ... .......... ...... ............. Combined units of all factor inputs .... ... .. ... ...... .. ... ... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review Current Labor Statistics: Productivity Data 50. Annual indexes of productivity, hourly compensation , unit costs, and prices, selected years [1992 = 100] Item 1960 1970 1980 1990 1995 1996 1997 1998 1999 2000 2001 2002 2003 Business Output per hour of all persons ........ ........ ......... .. .... ........ Compensation per hour .... .. .. ... ........ ..... ................. Real compensation per hour ..... ...... ........... ......... .... Unit labor costs .. Unit non labor paym ents ...... .. ...... .. .. ................. ........ Implicit price deflater .............. ...... .. ...... ... .... .... .. .... 48.7 13.8 60.5 28.4 24.9 27 .1 66.0 23.5 78.4 35.6 31.5 34.1 79.0 54 .0 88.9 68.4 61 .3 65.8 94 .4 90 .5 96 .1 95.9 93.9 95.1 101.7 106.0 98.9 104.3 108.2 105.7 104.5 109.5 99 .5 104.8 111 .9 107.4 106.5 113.0 100.5 106.1 113.9 109.0 109.3 119.7 105.0 109.5 109.9 109.7 112.4 125.4 107.8 111 .6 109.2 110.7 115.7 134.2 111 .6 116.0 107.2 112.7 118.3 139.7 113.0 118.1 109.5 114.9 124.0 147.8 113.7 115.2 117.0 115.8 129.6 147.9 115.1 114.1 123.0 117.4 Nontarm business Output per hour of all persons ............... ... ..... ................ Compensation per hour ..... ... ...... .... ........ .... ... ........ Real compensation per hour ... ... ..... ....................... . Unit labor costs ................................ ......................... Unit non labor payments .. ..... ................ .... ......... .... .. . Implicit price deflater .... .. . 51 .6 14.4 63.0 27 .9 24.3 26.6 67.7 23.6 78.8 34.9 31.1 33.5 80.3 54 .2 89 .2 67.5 60.4 64.9 94.4 90 .3 95.9 95.6 93.6 94 .9 102.1 106.0 98.9 103.8 109.2 105.8 104.7 109.4 99.4 104.5 112.1 107.3 106.4 112.8 100.3 106.0 114.6 109.1 109.2 119.4 104.7 109.3 110.9 109.9 112.2 124.9 107.3 111 .3 110.8 111 .1 115.3 133.7 111 .2 116.0 108.8 113.3 117.8 138.9 112.4 118.0 111.1 115.4 123.6 142.1 113.2 115.0 119.0 116.4 129.1 147.0 114.4 113.9 124.8 117.9 Nontinancial corporations Output per hour of all employees ................ Compen sati on per hour .... Real co mpensation per hour .. ... ......... ............ ..... .. .. Total unit costs ....................... .. .......... ........ ... ...... .... .. Unit labor costs ... ............... .......... .... .... .. .................... .. Unit nonlabor costs ..... .............. .. ... ..................... .... ... .. Unit profits ... ........... .. ....... ... ..... ... .. ... .. ..... ... .. ... .. ... ........... Unit non labor payments .. ............. .... . Implicit price deflater ... ... .......... ......... ... .. ...... ..... .... 56.6 16.1 70.3 26.9 28.4 23.0 49 .5 30.1 28.9 70.4 25.6 85.3 35.1 36.3 31 .7 43.7 34.9 35.9 81 .0 57 .0 93.8 68.8 70.4 64.5 66.5 65.1 68.6 95.5 91.0 96.7 95.4 95.3 97.1 96.7 97.0 95.9 103.4 105.4 98 .3 101.8 102.0 101.3 136.9 110.8 104.9 107.1 108.4 98.5 100.9 101.2 99 .9 149.9 113.3 105.3 109.8 111 .7 99 .3 101 .2 101 .7 99 .8 154.4 114.4 105.9 112.8 117.9 103.4 103.2 104.5 99.9 137.5 109.9 106.3 116.4 123.3 105.9 104.6 106.0 101 .0 129.8 108.7 106.9 120.6 131.7 109.5 108.0 109.2 104.8 109.3 106.1 108.1 122.7 137.0 110.8 111 .2 111 .6 110.2 91.4 105.2 109.5 128.9 140.1 111 .5 109.4 108.6 111 .5 111.4 111 .5 109.6 136.3 145.9 113.5 107.4 107.0 108.4 134.2 115.3 109.8 Manufacturing Output per hour of all persons. ..... ... .... ....... . Compensation per hour .... ... .... .... .. ..... ................ ... Real compensation per hour .. .... ....... .. . ····· ······· ··· ··· Unit labor costs .... .... ........... ....... ...... .... ....... .... ...... .... Unit nonlabor payments ......... ........ ...... .. .... ... ..... ...... Implicit price deflater ...... .. .......... .. ... .. ...... ..... .. ....... 41.8 14.9 65.0 35.6 26 .8 30.2 54.2 23.7 79.2 43.8 29.3 35.0 70.1 55.6 91.4 79 .3 80.2 79.9 92 .9 90.1 95.7 97.0 101 .1 99.5 110.1 107.7 100.5 97 .8 107.6 103.9 113.9 109.9 99.8 96 .5 110.4 105.2 117.9 112.0 99.7 95.0 110.5 104.6 123.5 118.8 104.2 96.2 104.1 101 .1 128.2 123.8 106.3 96 .6 105.0 101.8 134.2 135.0 112.3 100.6 107.0 104.6 137.1 138.3 111 .8 100.8 105.8 103.9 147.1 143. 8 114.5 97 .8 154.6 151.9 118.2 98.2 Dash indicates data not availabl e. 138 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 51. Annual indexes of output per hour for selected NAICS industries, 1990-2002 (1997=100) 1990 NAICS Industry 21 211 212 2121 2122 2123 Mining .. ... . .... .... ...... ·· ····· ···· ·· ······· ····· ··· ·· Oil and gas extraction ........ . .. .. · · ·· · · ·· · ·· · · ·· · ·· · ··· Mining, except oil and gas .. ... ... ..... ... ·· ······ ··· ·· · ... .... ·· ··· •····· · · · •· Coal mining .. Metal ore mining ........ .... ... ... .. .. ..... . .. .. ... .. . .. .. Nonmetallic mineral mining and quarrying .. ····· ··· 2211 2212 Power generation and supply ..... .. ... .... ... .. ... ..... Natural gas distribution ................... .. ........ .... .. 3111 3112 3113 3114 3115 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 Mining 86.0 78.4 79.3 68.1 79.9 92.3 86 .8 78 .8 80 .0 69 .3 82 .7 89 .5 95.2 81 .9 86.8 75.3 91.7 96.1 96.2 85.1 89.9 79.9 102.2 93.6 99 .6 90.3 93.0 83.9 104 .1 96.9 101 .8 95.5 94 .0 88.2 98.5 97.3 101 .7 98.9 96.0 94 .9 95.3 97.1 100.0 100.0 100.0 100.0 100.0 100.0 103.4 101.6 104.6 106.5 109.5 101.3 111 .1 107.9 105.9 110.3 11 2.7 101.2 109.5 115.2 106.8 115.8 124.4 96 .2 107.7 117.4 109.0 114.4 131.8 99 .3 11 2. 3 119.3 111 .7 11 2 .2 143.9 103.8 71.2 71.4 73 .8 72.7 74.2 75.8 78.7 79.8 83.0 82.1 88.6 89.0 95.5 96.1 100.0 100.0 103.8 99.1 104.1 103.1 107.0 11 3.1 106.4 110.0 102.4 114.9 Animal food ... ... .... ....... . ..... . ....... ... ... .. ...... .... Grain and oilseed milling ... ..... . .... . .. .... . .. . . . Sugar and confecti onery products . .. ... .. ... ... ... .. Fruit and vegetable preserving and specialty ....... Dairy products .............. .. ....... . .. ... . ... ..... . .. ... ... 90.1 89.0 91.0 86.4 90.8 89 .3 91 .2 93 .8 89 .7 92 .1 90.2 91 .1 90.5 90.7 95.4 90.2 93.8 92.5 93.8 93.9 87.3 94 .7 94.0 94.9 95.4 94 .0 99.1 94.3 97.1 98.7 87 .5 91 .3 98.2 98.2 98 .0 100.0 100.0 100.0 100.0 100.0 109.4 107.5 104.0 106.8 99 .1 109.5 114.2 107. 1 108.4 94 .5 109.7 112.5 111 .9 109.8 96.0 127.2 117.3 109.9 11 7.0 96 .2 - 3116 3117 3118 3119 3121 Animal slaughtering and processing ... ... .. .. ........ Seafood product preparation and packaging .. . .... . Bakeries and tortilla manufacturing ............ ... .. .. . Other food products ... ..... .... .. . .. . ··· ····· ····· ·· ... . Beverages ... .. ... ....... ... .... ... ... .. ... ... . .. .. .. . . . . .. . 94.5 117.5 92.6 91 .9 86.5 96 .8 112.0 92 .3 93 .5 90.1 101 .5 115.3 95.6 95.9 93.8 100.9 113.9 96.0 102.8 93.2 97.4 114.1 96.7 100.3 97.7 98.5 108.4 99.7 101.3 99.6 94.3 11 6.2 97.7 103.0 101 .1 100.0 100.0 100.0 100.0 100.0 99.9 117.0 103.8 106.9 98 .5 100.3 130.2 105.4 108.8 92.4 101 .9 137.6 105.3 110.2 90 .6 102.7 147.3 106.3 103.2 9 1.7 - 3122 3131 3132 3133 3141 Tobacco and tobacco products .. ... .... ... .. .. . ... .. Fiber, yarn , and thread mills .. ... . .. .... .. .. ... ......... . Fabric mills ....... .... . .... ... ... ... .... .... ..... ... .... .. ... Textile and fabric finishing mills ...... . . , ..... .. .. .. .. Textile furnishings mills ... ..... ........... .. .. .. ... ..... 81.4 73.9 75.0 81.7 88.2 77.3 74.7 77.7 80.4 88.6 79.6 80.1 81 .5 83.7 93.0 73.7 84.6 85.0 86.0 93.7 89.8 87.2 91 .9 87.8 90.1 97.5 92.0 95.8 84.5 92.5 99.4 98.7 98.0 85.0 93.3 100.0 100 .0 100.0 100.0 100.0 98 .1 102.2 103.9 100.6 99.9 92. 1 104.6 109.8 101 .7 101.2 98.0 102.6 110.2 104.0 106.8 100.0 110.5 109.1 109.7 106.9 3149 315 1 3152 3159 3161 Oth er textile product millsv Apparel knitting mills .. .. .... ... . .. .. .... ....... .... ... .... . Cut and sew apparel. ... .... .. . ... .. .... . .. .. . . . .. . . . . .. . Accessories and other apparel. .... .... .. .... .... .... ... Leather and hide tanning and fini shing ........ . ...... 91 .1 85.6 70.1 100.9 60.8 90.0 88.7 72 .0 97 .3 56. 6 92 .0 93.2 73.1 98.7 76.7 90.3 102.5 76.6 99.0 83.1 94.5 104.3 80.5 104.6 75.9 95.9 109.5 85.5 112.4 78.6 96.3 121.9 90.5 11 2.6 91 .5 100.0 100.0 100.0 100.0 100.0 97 .0 96.6 104.0 110.8 98.0 110.4 102.0 118.8 103.3 10 1.6 110.4 110.2 127.7 104 .9 110.0 105.0 108.4 131 .7 114.8 109.7 - 3162 3169 3211 3212 3219 Footwear ...... ... ................ .... ......... .. .. .... ... ..... Other leather produ cts ...... .. .... .. .. ....... .. ....... ... Sawmills and wood preservation .... ... . . . . . . . . . . . . . . . Plywood and engineered wood products ... . .. ..... Other wood products. ..... .. .. ... . ... . ... . .. .. ........ . 77.1 102.5 79.2 102.3 105.4 74.7 100.2 81 .6 107.4 104 .7 83.1 97.0 86.1 114.7 104.0 81.7 94 .3 82.6 108.9 103.0 90.4 80.0 85.1 105.8 99.3 95.6 73.2 91.0 101 .8 100.4 103.4 79.7 96.2 101 .2 100.8 100.0 100.0 100.0 100.0 100. 0 100.9 109.2 100.8 105.6 101.5 116.8 100.4 105.4 99.9 105.4 124.1 107.6 106.5 100.5 104.0 142.7 114.1 109.0 105.0 104 .6 - 3221 3222 3231 3241 3251 Pulp, paper, and paperboard mills ... ....... ... ..... ... Converted paper produ cts ... . ... ... . . . .. .. .. . . .. . . .. . Printing and related support activities .. ... . . . . . .... . Petroleum and coal products .... .... . ......... .......... Basic chemicals ... ........ ... ... .... ... .... ..... ..... .... ... 88.5 90.5 96.6 76.7 91 .4 88 .1 93 .5 95 .4 75.8 90 .1 92.3 93.7 101 .3 78.9 89.4 92.9 96.3 100.1 84.5 89.9 97.6 97.6 98.3 85.6 95.1 102.0 97.2 98.8 90.1 92 .3 97.6 98 .3 99.6 94 .8 90.0 100.0 100.0 100.0 100.0 100.0 103 .1 102.7 100.5 102 .1 102.5 111 .4 101 .5 103.5 107.8 11 4.7 115.7 101 .9 104 .9 113.2 118.4 117.5 101 .0 105.6 112.2 111 .0 - 3252 3253 3254 3255 3256 Resin , rubber, and artificial fibers .... ............ ...... Agricultural chemicals ... .. .. ... .. ... .. ... ... ..... .. .. ..... Pharmaceuticals and medicines ......... ... ... ......... Paints, coatings, and adhesives ... . . .... .. ..... Soap, cleaning compounds, and toiletries. .... .. . . 75.8 84.6 91 .4 85.1 83.2 74 .7 81 .0 92.6 85.9 84 .2 80. 6 81 .3 88.2 87.6 83.4 83.8 85.6 88.1 90 .9 86.9 93.5 87.4 92.4 94.1 88.6 95.9 90.7 96.3 92.7 93.9 93.3 92 .1 99.9 98.3 95.6 100.0 100.0 100.0 100.0 100.0 105.5 98.8 92 .9 99.1 96 .6 108.8 87.6 94 .6 98.8 91.1 108.1 91.4 93.4 98.5 99 .2 103.8 91 .1 97.4 102.1 102.7 3259 3261 3262 3271 3272 Other chemical products and preparations .. .. . Plastics products .. . .. .... ..... .... .... .. .. . .. . . . ...... .. Rubber products .... .......... ....... .. .. .. ... ...... ....... . Clay products and refractories. · ····· · ··· ··"··· " · Glass and glass products ..... .. .... . .. .... ...... ... .. .. 76.6 84.7 83.0 89.2 80.0 78. 0 86 .3 83.8 87 .5 79. 1 84 .7 90 .3 84 .9 91 .5 84.3 90 .6 91 .9 90.4 91 .9 86.1 92.6 94.4 90.3 96.6 87.5 94.4 94.5 92.8 97.4 88.8 94. 2 97.0 94.4 102.6 96.5 100.0 100.0 100.0 100 .0 100.0 99 .4 103.5 100.5 101 .3 102.7 109.2 109.3 101.4 103.5 108.6 120.0 111.2 103.9 103.6 109.7 111 .3 113.3 104.2 97.6 105.2 - 3273 3274 3279 3311 331 2 Cement and concrete products ..... .... ....... ... ..... Lime and gypsum products ...... ..... .... .... ... .. ... ... Other nonmetallic mineral products .. . ......... . ..... Iron and steel mills and ferroalloy production .. Steel products from purchased steel. . .. .. . .. ... .. . 94.8 84.1 79.8 69.6 83.8 93 .7 82 .7 81 .4 67.2 86.4 94.8 88.5 90.2 74 .1 89.9 96.5 90.1 89.3 81.7 95 .9 95.0 87 .8 90.5 87 .2 100.0 98.2 88.8 91 .7 89.7 100.5 100 .6 92.4 96.5 94 .1 100.5 100.0 100.0 100.0 100.0 100.0 103.5 113.1 98.8 101 .7 100. 3 104.1 102.7 95.5 106.5 94 .2 100.4 97.0 95.6 108.5 96.4 97 .1 100.1 96.8 106.7 97 .1 - 3313 3314 3315 3321 3322 Alumina and aluminum production .... . ..... ... ··· ··· Other nonferrous metal produ ction ... ........ .... Foundries ....... ...... .... . ... ... ... .... .. ....... .. ........ . .. ... ... ..... 91 .9 95.6 85.3 88.6 85.1 93.3 95.8 84 .5 86.5 85 .4 96.8 98.8 85.8 91 .7 87.2 96.0 101 .8 89.8 94.6 91.7 100.3 105.1 91 .4 93 .7 94.4 96.8 102.9 93.1 94 .2 97 .8 95.9 105.7 96.2 97.6 104.4 100.0 100.0 100.0 100.0 100.0 101 .1 111 .2 101.6 103.7 100.0 104.3 108.9 104.9 110.9 107.8 97.8 103.1 104.0 121.3 105.8 96.9 100.5 109.3 121 .8 110.2 - 3323 3324 3325 3326 3327 Architectural and structural metals ... . ... ... .. ..... ... Boilers, tanks, and shipping containers ... ..... .. ... .. Hardware .. .... ... .... . ..... .. . ... . .. ..... . ... .. ... ... .. . . . Spring and wire products .. ... . .. ..... ...... ..... ......... Machine shops and threaded products ... ... ......... 87.8 90.4 84.4 85.2 78.8 89 .1 92.6 83.8 88.4 79.8 92.5 95.3 86.9 90 .9 87 .2 93.4 94.8 89 .6 95.3 86.9 95. 1 100.5 95.7 91.5 91 .6 93.9 97.8 97.3 99.5 98.7 94.2 100.7 102.6 102.8 100.0 100.0 100.0 100.0 100.0 100.0 101.1 101 .3 101 .0 111 .6 99 .3 101 .8 98.9 106.5 112.9 103.9 101 .0 97.7 115.8 114.6 107.2 100.7 98.2 11 4. 6 110.6 107.2 - Utilities Manufacturing Forging and stamping ........ ... ... ...... ... .. .. ...... ... . Cutlery and hand tools .. .. . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . ..... .... . .. Monthly Labor Review November 2004 - - - 139 Current Labor Statistics: Productivity Data 51. Continue<>-Annu al indexes of output per hour for selected NAICS industries, 1990-2002 [1997: 100] 140 NAICS Industry 1992 1993 1994 1995 1996 1997 1998 1999 2000 3328 3329 3331 3332 3333 Coating, engraving , and heat treating metals .... Other fabricated metal produ cts .. . .... ....... Agriculture. construction . and mining machinery Industrial machinery .. Commercial and service industry machinery ... ... .. 81 .6 86 .7 82.8 80.6 91.4 78.1 85 .9 77 .2 81 .1 88.6 86.9 90.6 79.6 79.5 96.5 91.9 92.1 84.1 84.9 101 .7 96.5 95.0 91.0 90.0 101.2 102.8 97 .1 95.6 97 .9 103.0 102.9 98.9 95.9 98.8 106.3 100.0 100.0 100.0 100.0 100.0 101 .7 102.3 104.2 94 .4 107.5 101 .5 100.2 95 .0 105.2 111 .2 105.9 100.8 101 .0 129.7 101.4 105.1 98.2 99.5 104.6 3334 3335 3336 3339 HVAC and co mmercia l refrigerati on equipment Metalworking machinery .. ... ... . . . . . . . . . . . . . . . .. . . . . Turbin e and power tran smission equipment.. .. .. . Other general purpo se machinery .... .. . ...... 88 .8 85 .3 85.1 85.9 88 .2 82 .3 84 .6 85 .2 90.8 89.3 81 .2 85.1 93.8 89.3 84.8 89.8 97 .3 94 .0 93.3 91 .5 96 .6 99.1 92 .1 94 .6 97.8 98.1 97.9 95.1 100.0 100.0 100.0 100.0 106.6 99.1 106.4 103.2 110.4 100.5 113.3 105.6 108.3 106.4 117.1 113.0 110.8 102.0 130.2 109.4 3341 Computer and peripheral equipment ... .. ....... . .. 14 .3 15.8 20.6 27.9 35.9 51 .3 72.6 100.0 138.6 190.3 225.4 237.0 3342 3343 3344 3345 3346 Communications equipm ent . . ... . .. . . . .. . . . .. . .. . . Audio and video equipm ent.. .. .. Semiconductors and electronic components ···· ··· Electroni c instruments .. . .. .. .. ....... .. . . . ....... ....... Magneti c media manufacturing and reproduction 47.3 75 .5 21 .4 76.0 86 .6 49 .3 82 .8 24.5 80.5 91 .2 59.3 92 .1 29.6 83.1 93.0 62.1 98.8 34.1 85.8 96.8 70.1 108.5 43.1 88.8 106.1 74.6 140.0 63 .4 96.8 106./ 84 .3 104.7 81 .8 97.7 103.8 100.0 100.0 100.0 100.0 100.0 102.7 103.1 125.2 101.3 10!:J.4 134.0 116.2 174.5 105.1 106.8 165.5 123.3 233.3 114.3 104.0 155.2 126.3 231.6 116.1 98.6 3351 3352 3353 3359 336 1 Electri c lighting equipment ..... . ... ... . ... .. . . . . .. . Household applian ces. •• · • ...... .. . .. .. .. .. Electrical equipment. ... ... ... .. . ..... Other electri cal equipment and co mponents . . .. . . . Motor vehicles .. 87.3 76 .4 73.6 75.3 86.0 88 .5 76.4 72 .7 74 .2 82.4 93.6 82.4 78.9 81 .6 91.2 90.8 88.9 85.8 86.8 89.8 94 .5 95.0 89.0 89.4 90.3 92 .2 92 .7 98 .1 92 .0 88.6 95.6 93.1 100.2 96.0 91 .0 100.0 100.0 100.0 100.0 100.0 103.8 105.1 99 .8 105.5 113.3 102.5 104.3 98 .9 114.8 123.3 101 .9 117 .5 100.6 120.5 110.4 105.4 122.6 101 .0 113.5 108.7 3362 3363 3364 3365 3366 Motor vehicle bodies and trailers ····· ·· ··· ···· ··· .... Motor vehicle parts .... . . . . . .. . .. .. . ..... . . ... ..... ... ... . Aerospace produ cts and parts . . . . . . . . . . . . . . .. .... Railroad rolling stock .. . . . . . . . . . . . . . . . . . . . ....... . ...... .. tih1p and boat bu1ld1ng .. .. . ... .. . . ... ........ .. 75 .8 75 .7 87.7 77.2 99 .6 71 .8 74.5 92.1 80 .0 92.6 88.3 82 .4 94 .1 81.1 98.5 96.3 88.5 98.2 82.3 101 .3 97 .7 91 .8 93.8 83.1 99.0 97 .3 92 .3 93.7 82.0 93.1 98.4 93.1 98.1 80.9 94.1 100.0 100.0 100.0 100.0 100.0 102.7 104.8 118.5 102.9 100.3 103.1 110.4 118.0 116.0 112.2 98 .4 99.4 112.7 101 .0 117.7 120.1 114.8 114.7 124.7 119.8 3369 3371 3372 3379 3391 3399 Oth er transportati on equipmen t .. .... . . ... .. . .. . . . . . . Hou sehold and institutional furniture .. ....... Office furn iture and fi xtures. . .. . .. . . .... .... .... .. .. . .. Oth er furniture-related products .. . . .. . .. Medical equipment and supplies. .. .... .. .... .. . . . . .. Oth er miscellaneous manufacturing . . . .. . . . . . . . . . . . . . 62 .6 87.6 80.8 88.1 81.2 90.1 62 .0 88.2 78.8 88 .6 83.1 90.6 88.4 92 .9 86.2 88.4 88.1 90.0 99.8 93.8 87.9 90.5 91 .1 92.3 93.4 94 .1 83.4 93 .6 90.8 93.0 93 .1 97.1 84.3 94 .5 95.0 96.0 99.8 99.5 85.6 96.7 100.0 99.6 100.0 100.0 100.0 100.0 100.0 100.0 110.8 102.7 100.1 107.2 108.9 101 .9 113.3 103.7 98 .5 102.5 109.6 105.2 130.9 102.5 100.2 100.1 114.2 112.9 146.9 106.1 97.1 105.3 119.0 110.9 42 423 4231 4232 4233 Wholesale trade Whol esale trade ·· · ··· · ···· · ·· · · · · · · ·· · · · · · · ·· · ··· · ·· · · · .. . Durable goods ....... . . .. .. . . .. .. ... .. . . . . . . . . . . . . . .. .. . .. Motor vehicles and parts ·•····· ····· ·· ···· ··· ···· ··· .... furniture and furnishings .... .. .. ... .... .... .... ... ..... Lumber and constru cti on supplies . .. ... .. .. .. .. .. . .. 77 .8 65 .7 76 .6 82.4 115.0 79 .1 66 .1 73.3 8/.2 113.2 86.2 75.0 82.2 92 .0 119.6 89.5 80.5 88.0 95.8 113.9 91 .3 84 .5 94 .1 93.3 111.9 93 .3 88 .9 93.6 96 .8 103.6 96.2 94 .0 94.9 9/.0 103.0 100.0 100.0 100.0 100.0 100.0 104.4 105.6 104.7 97.5 102.9 110.9 115.3 119.8 100.8 104 .8 114.1 119.6 114.0 105.5 101.7 117.1 120.3 114.1 105.4 108.6 123.6 127.7 121 .7 101.8 119.2 4234 4235 4236 4237 4238 Commercial equipment . . . . . . . . . . . .. .... .. ...... ...... . Metal s and minerals . . ... .. . ... . . . . . . . . . . . . . .. . El ectri c goods . . . . . . . . . . . . . . . . . . . . . . . ... .. .... ... .... . ... . Hardware and plumbing .. . ........ ..... ......... ... .... Machinery and supplies .. .... . . . . . . . .. . . . . . . . ... . .. .. 33.8 101.6 46 .8 88.8 78 .9 37.3 102 .6 47 .6 86.5 74.2 48.2 109.1 51 .4 95.6 79.7 56.2 111 .7 59.1 94 .3 84.3 60.5 110.1 68.2 101.3 85.4 74 .7 101 .2 79 .3 98.0 89 .7 88.4 102.7 87.8 99.1 93.9 100.0 100.0 100.0 100.0 100.0 118.2 102.4 105.9 103.5 104.2 141 .1 96 .0 126.2 107.8 101 .4 148.9 99.2 151 .7 111 .1 104 .1 164.9 102.2 148.1 102.6 102.7 189.4 102.2 161 .2 107.9 100.2 4239 424 4241 4242 <i24'.j Miscellaneous durable goods .. ··· ···· ····· ... ..... Nondurable goods .. . . . ... .... ... ...... ... .... ....... Paper and paper products . . . . . . . .. .. .. . .. . . .... .. . . Urugg1sts· goods . . . . . . . . . . . . . . . . . . . . ... .. . .. . ...... Apparel and piece goods. .. .. ·· ······· ··· ··· ··········· 89.5 98 .4 81 .0 81.8 103.9 96 .6 99 .8 85.5 86.6 103.3 112.1 103.2 96 .5 91 .8 100.1 113.2 103.0 97.2 89.3 97.7 106.1 101 .8 101.5 92 .8 103.8 99 .2 99.7 99 .0 9b.4 92 .2 101 .0 99.2 96.5 98.3 99.0 100.0 100.0 100.0 100.0 100.0 101 .8 102.8 100.4 99.6 104.1 112 .6 104.1 105.5 101./ 103.5 116.7 103.5 105.5 96.8 102 .7 116.1 106.9 109.0 101.2 102.4 125.5 112.6 120.2 116.0 111 .5 4244 4245 4246 4247 4248 Groce ry and related products .... . .. . . .. . . . . ... Farm product raw materials ... ..... .. ..... ........ .. . .. . Ch emicals .. . ......... ...... .. .. .... .... ........... Petrol eum ·· · ··· · ········· . . . .... . .... ...... ... ... Alcoholic beverages ... .. .. .. .. . ..... .... . . . .. .... .. .. 96.4 80 .6 107.3 97 .3 109.4 98.2 85.9 106.6 107.0 111 .2 103.6 85.9 112.5 118.3 107.4 105.1 84.0 110.0 119.1 105.6 103.3 80.4 110.5 115.8 105.9 103.0 87.7 102.1 108.7 102.5 99.8 90.6 100.0 105.9 104.5 100.0 100.0 100.0 100.0 100.0 101 .9 100.4 99.3 115.0 109.7 103.6 114.2 98 .0 112 .0 110.1 105.2 119.0 95.8 112.5 111 .0 109.4 120.0 93.6 116.5 111 .6 111.8 135.4 96.9 126.0 117.3 4249 425 42511 42b12 Miscellaneous nondurable goods .. Electronic markets and agents and brokers .. ... ... Business to business electronic markets ... ... ... .. Wholesale trade agents and brokers .... ..... ... .... 107.3 70.7 70.4 70.8 98.2 73.6 72 .6 74.0 93.9 81 .5 80.3 82.3 97.5 85.9 84 .8 86.8 94 .8 88.0 88.3 88.4 96.2 91 .1 90.5 91 .8 98.7 95.7 95.3 96.1 100.0 100.0 100.0 100.0 101 .7 104.6 103.5 104.8 99.6 114.4 121 .7 110.5 106.2 124.1 141 .3 11b.7 104.2 131.3 169.4 114.2 97.0 132.6 205.0 109.3 44-45 441 44 11 4412 4413 Retail trade Retail trad e .. ...... ....... .. . ............ . . .. . ... . . . . . . . . . . Motor vehicle and parts dealers. ·••· ··· ······ ···· .... Automobi le dealers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... . . Oth er motor vehicle dealers ...... ......... . .. ... . .. Auto parts. accessories. and tire stores .. .. . . .. 83.2 89.7 92 .1 69.0 8b.0 83.3 88.3 90 .8 71 .7 84 .0 86.8 92 .6 94.8 78.3 89.1 89.4 94.0 96.0 84.1 90.6 92 .8 96.9 98 .0 90.2 9b.4 94 .7 97.0 97 .2 91 .0 97.9 97.7 98.8 98.9 97.7 98.3 100.0 100.0 100.0 100.0 100.0 104.3 102.7 102.7 105.9 105.7 110.3 106.4 106.4 113.0 110.0 114.2 107.2 106.6 108.6 112.0 117.4 110.0 109.1 112.6 109.3 122.7 109.7 106.0 116.4 115.8 442 4421 4422 443 444 Furniture and home furnishings stores ... . . .. .. Furniture stores . .. . . .. ... ···· ············· .. .. ... .. Home furnishings stores ... . . . . . . . . . . . . . .. ..... . . . . Electronics and applian ce stores .... .. ........ ... .. .... Building material and garden supply stores .. .. . .. . 80 .7 82 .1 78.5 46.0 81.8 81 .1 83.5 77.6 49.2 80.2 88.1 89.0 86.8 56.9 84.0 88.3 89.0 87.2 65.5 88.0 90.4 88 .9 92 .1 77.6 93 .7 94 .1 92.5 95 .9 89.2 93 .7 99.4 97.8 101 .3 95.0 97.5 100.0 100.0 100.0 100.0 100.0 101.7 102.1 101.3 122.9 106.7 109.6 108.2 111.4 152.2 112.3 115.7 114.8 116.8 177.7 113.1 118.5 121 .1 115.6 199.1 115.8 125.1 128.6 121.4 240.0 119.9 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1990 November -2004 1991 2001 2002 94.4 51. Continued - Annual indexes of output per hour for selected NAICS industries, 1990-2002 [1997z100] 1990 1994 1997 1998 1999 97 .6 97 .1 100.3 100.8 95.5 100.0 100.0 100.0 100.0 100.0 107.6 101 .2 99.9 100.3 95 .0 11 3.7 103.5 103.7 104.3 99.6 11 3.8 108.2 105.1 104 .9 105.6 115.3 119.4 107.6 107.5 110.8 119.8 12 1.2 110.3 110.3 114.2 96.2 103.1 100.0 105.8 99.8 111.1 110.4 111 .8 93 .0 99 .7 91.2 95.7 99.4 97.9 100.0 100.0 100.0 104.1 105.6 105.4 106.9 110.6 112.8 111 .4 106.5 120.3 11 2.7 109.8 123.5 118.8 11 7.5 129.0 81 .9 90.1 97 .1 100.0 106.7 113.3 120.9 125.2 132.7 79 .2 77.1 84 .0 80.6 91 .6 88.3 85.0 87.2 83.9 94 .5 93.7 94 .1 93.0 92 .3 94 .5 102.4 97 .3 94 .7 92 .5 99.3 100.0 100.0 100.0 100.0 100.0 97 .8 107.0 108.7 112.9 101 .0 104.9 118.3 114.9 120.4 104.7 109.6 128.0 121.1 128.3 108.0 11 5.8 122.5 125.4 130.4 11 6.0 120.0 121.5 132.9 137.9 123.8 83.0 91 .6 69.7 74 .2 85.1 88.5 95 .0 77.8 79.1 91 .4 90.6 95.1 82 .6 87.0 85.4 92.2 94.7 87.6 89.5 83.5 96.9 98 .4 94.3 95 .0 96. 1 100.0 100.0 100.0 100.0 100.0 105.0 100.6 113.4 108.3 101 .2 113.1 104.5 129.8 109.8 117.3 119.9 106.3 145.9 111.3 11 6.0 124.2 104.0 162.1 108.4 108.6 130.5 104.7 177.5 115.6 120.7 66.3 83.1 69.2 55.0 46.7 95.4 67.6 71 .5 89.7 74 .7 63.4 50.6 95.1 82 .1 75.8 88.9 80.5 66.7 58.3 92 .8 79.7 87 .5 87 .3 89.7 73.8 62.9 94 .1 89.2 90 .9 90.2 90.5 80.9 71.9 89.3 94.7 91 .8 97.4 98.0 91 .6 84.4 96 .9 102.2 100.0 100.0 100.0 100.0 100.0 100.0 100.0 113.0 113.5 105.0 11 1.3 118.2 114.1 96.2 118.0 109.8 101.6 125.4 14 1.5 118.1 96.3 124.1 115.7 99.6 142.8 1!)9.8 127.1 104.3 125.1 115.0 93 .2 146.9 177 .5 110.4 98.7 140.3 121.4 92.8 169.6 209.8 113.3 110.2 77.5 69.8 88.5 96.1 78.2 75.3 92.4 95.8 81 .4 82 .3 97.5 96 .5 84 .7 85.7 95.6 99 .0 90.8 88 .6 98 .1 98 .5 95.3 92 .0 95.4 98 .3 98.8 98.4 95.7 96.7 100.0 100.0 100.0 100.0 97.6 102.1 99 .1 101.4 98.2 105.5 102.0 102.4 98.2 114.3 105.5 104.9 91 .9 121 .9 104.2 106.1 103.2 131 .9 109.4 107.0 Information Newspaper, book, and directory publish ers . ....... Software publishers ..... . .. . .. .. .. . · ·· · ··· · · · · . .. .. .. Motion picture and video exhibition ..... . ... ... .. .. ... . Radio and television broadcasting .... . . . . . . . . . . . . . .. . Cable and other subscription programming ... ... .. Wired telecommunications carriers .. ...... . .. ... . ... .. Wireless telecommunications carriers .. . ... ........ .. Cabl e and other program distribution .. 97.4 28.6 109.4 96.1 98.8 64.8 76.3 99.1 96 .1 30.6 108.9 97.8 94.3 68.4 73.8 94.3 95.8 42 .7 104.1 102 .8 96 .0 74 .5 85 .6 95 .9 95 .3 51 .7 104.6 101.4 93.6 79.7 94 .8 93.5 93.0 64 .6 103.4 106.0 92.0 85.1 97.1 91 .9 93.5 73.0 99.9 106.1 94 .4 90 .6 98.3 94 .2 92 .7 88.0 100.0 104.1 93.7 97.5 103.0 93.5 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 104 .5 115.9 99.9 99.1 129.3 105.5 114.2 95 .7 108.5 113.0 102.0 99.4 133.2 112.7 134.3 94 .5 110.1 103.9 106.5 98.4 135.7 119.9 139.0 90.4 106.4 10 1.9 104.7 94.3 125.3 121 .0 172.7 87.6 108.1 106.7 104.4 100.4 13 1.4 130.6 192.0 93.5 52211 Finance and Insurance Commercial banking .. ... .... ... ... . .. . ............ .. ... . 80.5 83.2 83 .3 90.3 92.9 96 .0 99 .3 100.0 98.0 101.5 104 .2 101.6 103.8 532111 53212 Real estate and rental and leasing Passenger car rental. .... . ..... ...... . . . .... . . ...... .. . . I ru ck, trailer and RV rental and leasing ....... ... .... 89.8 70.7 97.8 71 .7 104.4 69 .5 106.1 75 .8 107.9 82.0 101 .1 90.3 108.9 96.7 100.0 100.0 101 .2 93 .7 113.1 97.8 112.0 95.9 112.1 93.6 113.3 91 .4 541213 !)4181 Tax preparation services ... .. .... .... ... ...... ........ .. . Advertising agencies .. . .. . . . .. .. .. . .. . .... . ....... ..... 92.4 10!).0 84 .7 99./ 99.5 111 .9 119.1 111 .3 119.9 106.8 96.2 101.4 92 .1 102. 1 100.0 100.0 105.1 9!J.8 99.2 110.1 91 .8 116.6 78.2 116./ 92.1 123.9 7211 722 7221 7222 7223 7224 Accomodatlon and food services Traveler acco mmodations .. Food services and drinking places .... .. ..... .. .... .. .. Full-service restaurants ... ..... .... ..... .... .............. Limited-service eating places .. ... ... . . . . . .. . .. .. Special food services ............... .... ......... .. ··· ··· · Drinking places, alcoholic beverages .... ... ..... .... . 82.9 102.9 99.1 103.3 107.2 125.7 85.4 102.3 98 .3 103.3 106.9 121.2 92 .9 101.7 97.5 102.7 106.4 121 .5 93.0 102.3 97.7 105.6 103.8 112.7 97.0 100.8 97 .8 103.6 101 .1 102.6 99.2 100.6 96.6 104.7 99.3 104.4 100.1 99.2 96 .3 102.2 97.6 102.4 100.0 100.0 100.0 100 .0 100.0 100.0 100.0 101.2 100.0 102.4 102.1 100.0 103.6 101.1 99.2 102.5 106.0 99.4 107.7 103.5 100.8 105.1 111.7 100.4 102 .0 103.7 100.8 106.6 108.4 98.2 104.1 104.9 102.0 107.1 108.1 107.2 8111 81211 81221 8123 81292 Other services (except public administration) Automotive repair and maintenance ....... .. .... .. ... . Hair . nail and skin care servi ce s . ..... ... ...... . . . .... Funeral homes and funeral services .. ... .... .. ... .... Drycleaning and laundry services ..... . ... .... ... ... .. Photofinishing ... .. .... .. .. . . . . . ... .. .... ........ .. ... .. .. 92.8 81 .6 96.1 95.6 117.3 86.5 79.8 94 .3 93.2 115.6 90.0 85 .6 104.7 94 .9 116.2 91 .2 84.3 100.4 93.8 123.6 96.7 88 .7 103.6 95.9 124.9 102.9 92 .4 100.4 98.8 114 .7 98.9 97 .1 97.9 101 .6 103.2 100.0 100.0 100.0 100.0 100.0 105.0 102.7 103.8 105.0 99.4 106.9 103.6 100.4 109.5 106.9 108.6 103.0 94.5 113.7 107.6 109.3 109. 5 93.9 121.1 115.0 103.7 104.2 90.9 120.2 133.6 November 2004 141 1991 1992 1993 1995 NAICS Industry 4441 4442 445 4451 4452 Building material and supplies dealers ......... .... . Lawn and garden equipment and supplies stores Food and beverage stores ....... .... .. .. ................ Grocery stores .. ... .... .. .. ···· ···· ·· ···· ·· ········ ·· ······· Specialty food stores .. .. ......... ... .................. ... 83.2 74.5 107.1 106.5 122.9 80.7 77 .5 106.6 106.6 115.0 84 .7 80 .2 106.9 106.7 111.4 89 .1 81 .5 105.4 105.9 107.6 94 .8 86.9 104.3 104.9 104.5 94 .8 87.0 102.5 103.0 101 .1 4453 Beer, wine and liquor stores .... ........... .......... .. .. 100.1 100.2 101 .0 94.4 92 .9 446 447 448 Health and personal care stores .. . .......... .. ..... .... Gasoline stations ....... ......... .. . ... .. .... ... ..... .... . Clothing and clothing accessories stores .......... .. 92.0 84.8 69.5 91 .6 85 .7 70.5 90.7 88 .5 75.3 91.9 92 .8 78 .9 91 .8 96 .8 83.3 4481 Clothing stores ............... ... ... .............. . ... .. ..... 68.9 71.4 77.1 79 .2 4482 4483 451 4511 4512 Shoe stores ...... ........ .. ....... .... . .... . . .. ..... . . .. . .. Jewelry, luggage , and leather goods stores ......... Sporting goods, hobby, book, and music stores ... Sporting goods and musical instrument stores .... Book, periodical, and music stores ... ... .. . .... ... .... 73.7 68.6 80.8 77.1 89.0 73 .1 64.5 85 .6 82 .8 91 .8 78 .2 65.0 83.8 79.8 92 .5 452 4521 4529 453 4531 General merchandise stores .. . ... .... .. .. . ... ..... . ..... Department stores .. .. .... . . . . . . .. . . . . . . . . ....... ........ Other general merchandise stores .... .. ... .... ..... ... Miscellaneous store retailers ................... .. .... ... Florists ... . .. .............. .. ... ..... .. .. ...... .... .... .. 75.3 84.0 61 .4 70.6 75.1 79 .0 88.3 64.8 68 .0 75.9 4532 4533 4539 454 4541 4542 4543 Office supplies, stationery and gift stores ... .... .... Used merchandise stores ...... ..... .... ..... ........ ... . Other miscellaneous store retailers .. . . . . . . . . . .. . Non store retailers .. .... ...... ..... .. .. ... .. . ...... ... ...... Electronic shopping and mail-order houses . ... ... . Vending machine operators . .. . . . ... .. . ..... . . . ...... . .. Direct selling establishments .... ....... ............ .. ... 64.6 84.9 79.6 54.4 43.5 97.1 70.0 481 482111 48412 491 Transportation and warehousing Air transportation ...... ..... .................. ..... ... ..... Line-haul railroads .. . .... ... .. .... .... .. ... ............ .. General freight trucking , long-distance . ......... .... U.S. Postal service .. . .. ........ ... ... ..................... 5111 5112 51213 5151 5152 5171 5172 5175 1996 2000 2001 2002 Professional, scientific, and technical services NOTE: Dash indicates data are not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review Current Labor Statistics: International Comparison 52. Unemployment rates, approximating U.S. concepts, in nine countries, quarterly data seasonally adjusted Annual average Country 2002 2003 2002 I II 2003 Ill I IV II 2004 Ill I IV United States ...... .. Canada ....... ..... .. .. Australia .. .... .. ....... Japan ............. ..... 5.8 7.0 6.4 5.4 5.3 5.4 5.4 5.5 5.4 5.4 5.4 5.2 5.1 5.0 France ... ... . .. . .... 8.7 9.3 8.5 8.6 8.7 8.9 9.0 9.2 9.4 9.4 9.4 6.0 6.9 6.1 5.7 7. 1 6.7 5.8 6.9 6.4 5.7 7.0 6.3 5.9 6.9 6.2 5.8 6.7 6.2 6.1 6.9 6.2 6.1 7.2 6.1 5.9 6.8 5.8 5.6 6.7 5.7 Germany ...... ..... ... 8.6 9.3 8.3 8. 5 8.7 8.9 9.2 9.4 9.4 9.3 9.2 Italy ' .... ........... ... .. 9.1 8.8 9.2 9.2 9.1 9.0 9.0 8.8 8.7 8.6 8.6 5.1 5.2 5.8 5.0 5.2 5.1 5.0 5.2 5.1 5.2 5.2 5.1 5.2 5.1 5.6 5.0 5.8 5.0 6.2 4.9 6.6 4.8 2 Sweden ••• ••••• ••.• ••• United Kinadom .. ... Quarterly rates are for the first month of the quarter. "Notes on the data" for information on breaks in series. For further qualifications and historical data, see Comparative Civilian Labor Force Sta tistics, Ten Countries, 1959-2003 (Bureau of Labor Preliminary data for 2003. NOTE: Quarterly figures for France and Germany are calculated by applying annual adjustment factors to current published data, and therefore should be viewed as less precise indicators of Statistics, June 23, 2004) , on the Internet at unemployment under U.S. concepts than the annual figures . See also on this site. 142 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2004 http://www.bls.gov/fls/home.htm. Monthly and quarterly unemployment rates , updated monthly , are 53. Annual data: employment status of the working-age population, approximating U.S. concepts, 10 countries [Numbers in thousands] 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 129,200 131 ,056 132,304 133,943 136,297 137,673 139,368 142 ,583 143,734 144,863 146,510 14,308 14,400 14,517 14,669 14,958 15,237 15,536 15,78'.J 16,027 16,475 16,819 Australia .. .... ....... .... ........ . Japan .... ................... . ... ..... ... . .... ...... . ... ... ...... . France ... . . .. ... .. ..... ........ ... ...... .............. ...... ... . . Germany. .... .. . . .. .. .... ... ... .. ..... ... .. .. ...... .. .. . 8,613 65,470 8,770 8,995 9,115 9,204 9,414 9,907 10,092 65,990 66,450 67,200 67 ,090 9,59:J 66 ,99:) 9,752 65,780 9,339 67,240 66 ,870 66,240 66 ,010 24,480 39,102 24,670 39,074 24,760 38,980 25 ,010 39 ,142 25,130 39,415 25 ,460 39,754 25 ,790 39,375 26,071)1 39,302 26 ,350 39,459 26 ,590 39 ,413 26,730 39 ,276 . ... .... ... .. ... .. . .... ...... ... ....... .. .. .... .. .... . 22,570 22,450 22,460 22,570 22,680 22 ,960 23,130 23,340 23,540 23,750 23,880 Netherlands ............ ...... .. .. .. ....... .... ........ .. .. .. .... . Sweden ...... ..... . United Kingdom .. . . ..... . ............. .. .. . 7,010 4,444 7,210 4,460 28,157 7,300 4,459 7,540 4,418 7,620 4,402 7,850 4,430 8 ,150 4,489 8,340 4,530 8 ,300 4,544 8,330 4,567 28,260 28,417 28,479 28,769 28,930 29,053 29, 288 29,4 90 Emolovment status and countrv 1993 Civilian labor force United States .. Canada ... ..... ....... ... ... ..... . ... ..... ....... ........ . Italy . Participation rate 7,150 , 28,165 4,418 28,149 1 United States .. . .. .. ..... ... .... ..... ... ............. ... . 66.3 66.6 66.6 66.8 67.1 67.1 67 .1 67 .1 66 .8 66.6 66 .2 Canada .. .. ........... ..... ..... ...... ..... .... .. ... ... .. ... . Australia ........... ........ ......... . ........ . .. . . Japan .... . 65.5 65.2 64.9 64.7 65.4 65.8 65.9 66 .0 63.9 64.5 64 .6 64.3 64.4 64.4 63 .3 63.1 62 .9 63.0 63.2 62 .8 64.0 62.4 66 .8 64 .4 67.3 63.5 65.0 64 .3 62.0 61.6 60.8 60.3 France .. .... ... ....... ....... . .... .. ........ ..... .. .. . Germany .. .... ........ . ... ... .. ............ ... ........... .... . Italy ........ ......... .... ..... .. .. .... .. ..... .... .... ..... ... .. . Netherlands ... ... ... .. ........ ...... ........ ..... ...... ..... . . Sweden .... ...... ... ............ .... ... ... . ...... . 55.4 55.5 55.4 55.6 57.0 57.0 57.1 57.1 56.3 1 56.8 56.8 57.4 55.9 57.7 56.6 57.8 55.5 57.3 56 .6 56. 6 56 .3 56 .1 47.9 47.3 47. 1 47.1 47.2 47.6 47.8 48.1 48.3 48.6 48.8 57.9 58.6 58.8 59.2 60.8 61 .1 62.6 64.5 65 .8 65 .0 64.6 64.5 63.7 64.1 64.0 63.3 62 .8 62.8 63.8 63 .7 64.0 64.0 United Kingdom ............... .... .... . 62.7 62.6 62.4 62.4 62.6 62 .5 62.9 62.9 62.7 62.9 62 .9 United States ............ .. ...... . . Canada .. . Australia ..... .... ..... .. ............. . .... .. ..... . ........... . ... . 120,259 123,060 124,900 126,708 129,558 131,463 133,488 136,891 136,933 136,485 137 ,736 12,770 13,027 13,271 13,380 13,705 14,068 14,456 14 ,827 14 ,997 15,325 15,660 7,699 7,942 8,256 8,364 8,444 8,618 8,762 8,989 9,091 9,27 1 9,481 Japan ...... ..... .. ............... ..... ... .. ............. ..... ... . France ... ... ... ............. .. ... ... .... ... . .. .. ........ ... . Germany . .. ... ... ... ... .. ....... ... ..... ... .... ..... ... .. ... . 63,810 63,860 63,890 21,960 64 ,200 64 ,900 64,450 63,920 63 ,790 63,470 62,650 62,510 64 .6 Employed Italy .. ............ ............. .... .. ... . ... .. ..... . .... ... .... . Netherlands .. ...... .. . .. ... ........ .. .. .. ............ ......... . Sweden ........... ...... ... ............. .. .. ... . United Kingdom .... ........ ........ .. . Employment-population ratio 21,710 35,989 21,750 35,780 22,040 35,637 22 ,170 35,508 22,600 36,061 23,050 36,042 23,690 36,236 24 ,140 36 ,350 24 ,280 36 ,018 24,250 35,615 20,270 35,756 19,940 19,820 19,920 19,990 20 ,2 10 20,460 20,840 21 ,270 21,580 21 ,790 6,570 6,660 6,730 6,860 7,160 7,320 7,910 8,130 8,070 8,010 4,028 3,992 25,429 4,056 25,718 4,019 25,964 3,973 26,433 4,034 26,696 7,600 4,117 4,229 27,350 4,303 27,570 4,310 4,303 27,768 28,0 11 25,242 27,048 2 United States .. ...... .... ..... ... ... ... .. ...... . 61 .7 62 .5 62.9 63.2 63.8 64.1 64.3 64.4 63 .7 62.7 62.3 Canada .. .. ... ....... .... .. ..... . ... ... ... ......... ..... . .. .. . Australia .... .... .. . Japan ..... . France .. .... ..... . .. . .... .. .. .. ......... .... ........ .... ......... . 58.5 59.0 59.4 59.1 62.1 61 .9 57.8 59.2 59.3 60.4 59.3 61.3 56.8 61.7 59.7 59.0 60.3 60 .1 63.0 60 .7 61 .3 60.9 60.9 61.0 60.2 59 .6 59.4 62.4 60 .3 59.0 58 .4 57 .5 57 .1 49.1 49.0 49.1 49.0 49.0 49.7 50.3 51.4 52 .0 52. 0 51.7 Germany ...... ... ... ... ... ...... ... ...... ......... .. ... . ... ...... . 53.2 52.6 52.4 52.0 51.6 52 .3 52 .0 52.2 52.2 51.5 50.9 Italy ..... .. ..... ... .. ... . ... ..... ........... ... . . Netherlands. .. . ..... ...... .. ...... . . 43.0 54.2 42 .0 54.6 41.5 41 .6 42 .3 42.9 44.6 58.7 60 .6 62.6 43 .6 64.2 44.1 55.7 41.6 57.8 41.9 54.9 63.2 62.1 Sweden ................................. ...... .. ..... ... ..... .... . United Kingdom ....... .. ...... .... ........ ..... . ....... .. . 58.5 57.6 58.3 56 .9 57.6 56.5 57.0 58.2 58.6 58.4 59.1 60 .1 56.2 57.7 57.4 60.5 59.5 60 .7 59.6 59 .8 United States Canada .. .... .. . . Australia 8,940 7,996 7,404 7,236 6,739 6,2 10 5,880 5,692 1,539 1,373 1,246 1,289 1,252 1,080 962 6,801 1,031 8,378 1,150 8,774 1,159 914 829 739 751 759 1,169 721 652 602 661 636 611 Japan .... . France ........... ..... ...... .. .. ... ....... ... ... ... . Germ""Y ..... ... ....... .... ... ... .. .. ........ . . Italy ....... .... .... .. .. . ... .... .. ... .... ..... ...... ... ..... . Netherlands ............. . ... ... .... .. . ..... .... .... . .. .. . Sweden .... .. ... .. .... ...... .. ... ........ ...... . . United Kingdom. . . ...... .............. . 1,660 2,770 1,920 2,920 2,100 2,800 2,250 2 ,970 2,300 2,960 2,790 2,870 3,170 3 ,200 2,380 3,400 3,590 3 ,500 2,210 2 ,310 2,480 3,113 2,300 3,318 2,510 3,200 2,640 3,505 2,650 3,907 2,690 3,693 2,750 3,333 2,670 490 480 440 370 300 3,661 2 ,100 320 416 2,916 426 2,7 16 404 2,439 440 2,297 445 1,985 368 1,783 250 313 1,721 3,110 2,270 210 3,396 2 ,160 440 3,065 2,500 240 260 1,580 227 1,483 4.9 8.4 4.5 7.7 4.0 6.1 6.4 5.8 7. 0 6.0 6.9 59.4 60 .3 Unemployed 2,740 230 234 1,520 264 1,479 Unemployment rate United States .... . Canada .... ......... ... .. .... ... . Australia ................ ................................. .... .. . Japan .. . ..... . ....... ......... ... ... ... ......... .. ........... . France .. ... .... ...... ...... ...... .... ........ .... ... ..... .... .. ... . Germany . ........ ..... ... ..... . Italy ... .. ...... ....... ... ... .... .......... ... .... ... ........ ... .. ... . Netherlands .. ... .... .... .... .... .... .... .. .. . ... ... .. ... .. .. .. . Sweden .. . .. United Kingdom ... .. . 4.2 4 .7 6.9 6.1 5.6 5.4 10.8 9.5 8.6 8.8 10.6 9.4 8.2 8.2 8.3 7.7 6.9 6.3 6.8 6.4 6.1 2.5 2.9 3.4 4 .1 11 .3 4.7 10.6 4.8 9.1 5.1 8.4 5.3 11 .8 3.4 11 .8 5.4 11.3 3.2 11.3 8.7 9.3 8.0 8.5 8.2 9.9 8.5 7.8 7.9 8.6 9 .3 10.2 11.2 11.8 11.5 10.7 9.6 9.1 8 .8 6.3 6.9 2.9 2.5 2.8 3.8 9.4 9.6 9.6 6.7 9.1 5.8 5. 0 5.1 5.8 8.7 5.5 5.1 5.2 5.0 10.4 11 .9 7.0 9.0 11 .7 11 .9 9.3 12.0 6.0 4.9 3.9 9.9 10.1 8.4 3.2 7.1 8.1 7.0 6.3 6.0 ' Labor force as a percent of the working-age population . For furth er qualifications and historical data, see Comparative Civilian Labor Force Statistics. 2 Ten Countries, 1959-2003 (Bureau of Labor Statistics, June 23, 2004 ), on the Intern et at: http://www.bls.gov/fls/home.htm . Employment as a percent of the working-age population. NOTE: See "Notes on the data" for information on breaks in series. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 143 Current Labor Statistics: International Comparison 54. Annual indexes of manufacturing productivity and related measures, 12 countries [1992 = 100) 1960 Item and country 1970 1980 1990 1991 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 Output per hour . United States ................... .. . .. . . . .. . . . . . .. ....... .. . Canada .. . .. . .. . .... ..... .. ....... ... .. .. ........ ... .. . . ...... Japan ..... ......... . ........ ................ ····· ·••·······•··· Belgium .... ..... .. .. .... . .... .. . ........ ....... . ........ Denmark .. .............. ...... ....... ....... . ....... .. France .. . . . . . . . . . . . . . ...... .. ....... ....... ...... . ······ •·· Germany .............. ..... ....... ........ ... .... ... ..... . Italy ····· ···· ·· ·· · ········•·······• ..... ........... .... ...... Netherlands .. . ········· ...... ........ .. ..... .. ..... ... Norway ........ .. ............. .. ....... . ........ Sweden ... .... . .. . . . . . .. . . .. . . .. .... .. .. .... ... .. ...... . .. ....... . United Kingdom . ............................. .. ... .... . - - 37.8 13.8 18.0 28.1 19.9 29.2 24.6 18.8 37. 6 27.3 30.0 54 .9 37.5 32 .9 49.4 39.0 52. 0 46.2 38 .5 59. 1 52.2 43 .2 70.5 72. 9 63.2 65.4 86.2 61.6 77.2 78.6 69.1 77.9 73.1 54.4 96.9 93.4 94.4 96.8 99.1 93.9 99.0 96.6 98.7 98.1 94.6 89.2 97.9 95.3 99 .0 99.1 99.5 97.0 98.3 96.1 99.0 98 .2 95.5 93.8 102.1 105.8 10 1.7 102.5 99.3 101 .0 101.8 101.2 102.0 99.6 107.3 103.9 - - - - - - - - 108.9 109.6 104.8 113.1 99.6 117.8 108.5 114.4 112.3 107.9 117.3 100.7 124.5 106.5 114.7 114.7 108.3 119.3 102.5 129.5 105.8 12 1.7 120.4 110.3 121.4 102.0 141.0 107.7 127. 9 122.0 110.8 124.1 99.9 149.5 109.2 133.0 121.4 110.6 127.0 103.6 162.7 114.4 143.2 127.0 113.6 132.7 106.6 175.5 121 .9 148.0 127.8 115.9 132.3 108.9 170.3 126.4 152.1 131.0 114.3 133.1 110.9 184.3 127.6 101 .6 106.0 97 .1 101 .0 102.8 99.1 99.1 99.4 99.0 101.4 110.1 105.4 98.3 99.0 102. 0 100.7 101 .5 99 .8 102.3 99.3 99.8 99.0 104.1 100.1 103.5 105.9 96.3 97 .0 95.6 95.7 92 .4 96.5 97 .7 101 .7 101 .9 101 .5 111 .1 114.1 94 .9 101.4 105.6 100.3 95 .1 102.4 104.5 104.6 117.0 106.2 118.4 119.6 98.9 104.2 111 .6 104.9 95.2 107.2 108.2 107.3 131 .9 107.8 121.3 119.6 103.0 105.9 106.7 104.6 92.5 105.4 108.9 110.3 136.4 108.7 127.9 127.7 106.5 112.7 115.2 109.7 95.7 108.8 111 .6 114.2 146.5 110.7 133.1 133.9 100.2 114.4 115.7 115.0 97.7 110.7 114.9 113.7 158.3 111.4 139.5 144.9 101 .9 114.4 117.7 118.7 95.8 110.3 117.6 113.6 172.5 112.2 146.1 159.2 109.2 119.9 122.1 124.3 100.1 113.7 122.8 112.8 188.3 114.9 137.3 153.6 105.5 120.4 127.5 128.0 99.9 114.6 121 .7 113.4 183.1 1134.0 139.8 158.0 103.4 121.6 127.8 128.1 99.6 113.8 119.7 112.6 189.3 109.4 103.6 103.0 91 .9 93.6 104 .0 106.4 89.1 92 .0 103.6 109.0 88.7 91 .0 105.4 112.4 88.0 89.8 105.2 115.9 82.7 90.2 104.4 118.7 80.4 91.2 102.8 123.1 80.3 91.7 96.3 120.9 77.7 90.8 89.7 121 .1 74.2 85 .8 107.3 110.8 103.3 108.4 113.8 112.4 111 .0 113.2 117.0 109.7 116.1 116.3 121 .3 113.5 12 1.0 125.5 126.5 115.5 121 .2 126.9 - 133.7 122.1 126.7 125.5 142.1 129.3 135.9 130.8 142.7 127.0 135.9 132.6 155.9 130.5 139.5 141.7 Output United States ... ..... ...... ..... ...... Canada ...... ........ ... .. ... .. ....... ... .... ... ..... . .... .... Japan .. ... . . .. ···• ••·· ... , .................. ..... .. ...... . Belgium ... ....... ....... ....... .......... .. .... ... Denmark... •·• •···--· ........ ........ ... .... ........ . ....... France . . . . . . . . . . . . . . .......... ..... ......... ..... .. .. ....... Germany ........ . ........ ....... ..... .. .. .... .. . .... ... .. Italy ........ ........... .. .. ....... ... ... ...... .. . . ..... .. ...... .... Netherlands ........... .. ......... ...... ....... .. ........ Norway ... ..... .. ...... ....... ....... ... ..... .. ..... .. ... ..... Sweden ... ....................... ..... .. .. ... ... ..... ... . . . . . . . . . . . . United Kingdom .. .....•............................. •.. . ...... . - - 33.4 10.7 30.7 44 .4 30.0 41.5 23.0 31 .9 57.7 45.9 67.5 58. 9 39 .2 57.6 73."9 57 .7 70.9 48.1 59 .8 91 .0 80 .7 90.2 75.8 83.6 60.4 78.2 94.4 81 .6 85. 3 84.4 76.9 104.9 90.7 87 .2 92 .1 88.3 77.8 170.7 157.8 140.3 142.3 93 .5 169.8 153.6 168.3 224.6 104.4 107.1 104.4 174 .7 149.5 147.8 136.3 104 .0 155.5 153.9 154.7 208 .8 107.5 114.6 95.6 11 9.7 109.6 132.5 110.5 107. 4 111 .2 134.7 124.0 160.5 104.8 113.5 102.9 104.3 103.7 105.6 100.1 102.9 100.3 103.4 116.4 11 8.1 100.4 103.9 103.1 101 .5 102.1 102.9 104.1 103.3 100.8 100.8 109.0 106.6 101.4 100.1 94.7 94 .7 96.2 94.7 90.8 95.4 95.8 102.1 94 .9 92 .7 14.9 10.0 4.3 5.4 3.8 4.3 8.1 1.8 6.2 4.7 4.1 2.9 23.7 17.1 16.4 13.7 11 .1 10.5 20.7 5.3 19.4 11 .8 10 .7 6.1 55.6 47 .5 58.5 52 .5 45.0 41.2 53.6 30.4 60.5 39.0 37 .3 32. 1 90.8 88.3 90.6 90.1 92 .7 90.9 89.4 87.6 89.8 92.3 87 .8 82.9 95.6 95.0 96.5 97 .3 96.0 96.4 91.5 94.2 94 .8 97.5 95.5 93.8 102.7 102.0 102.7 104.8 103.0 103.1 106.4 105.7 104.5 101 .5 97.4 105.1 - - - - - - - - - 106.5 111 .8 106.8 109.0 104.4 99.8 108.0 110.4 117.6 111 .3 112.1 109.2 106.8 109.5 112.2 123.3 119.0 114.4 113.6 115.2 111 .3 111 .8 125. 7 123.0 117.2 118.7 12 1.0 116.1 112 .7 127.6 122 .2 122.0 125.7 125.6 123.1 116.6 130.6 124.2 126.0 133.0 130.3 130.4 123.4 137.4 127.8 132.0 140.5 136.8 137.7 128.2 142.0 132.4 138.9 148.2 143.8 144.2 132.4 145.5 135.6 146.0 157.2 149.2 149.2 - - 26.4 31 .3 30.1 13.6 21 .7 27.8 7.5 32 .9 12.6 15.0 9.8 31 .1 43 .8 41.7 22 .4 26.8 39 .8 11 .9 50.4 20.0 20 .6 14.1 78 .8 65.2 92.6 80.3 52.2 67.0 69.4 38. 7 87.6 50.0 51.0 59. 0 93.7 94.6 95.9 93 .0 93.5 96.8 90.3 90 .7 91.1 94.2 92.9 92.9 97.6 99.6 97.5 98.1 96.5 99.3 93.1 98.0 95.7 99.2 100.0 99.9 100.6 96.4 101 .0 102.3 103.7 102.0 104.5 104.5 102.4 101 .9 90.8 100.6 98.5 93 .6 101 .4 97 .9 96.2 97.8 102 .0 101 .9 96.4 104 .8 84.7 99.6 94.8 94.3 97.5 96.4 96.4 96.5 104.7 103.2 95.6 108.4 85.8 102.8 93.5 97.5 94.0 95 .5 103.2 97.8 107.5 109.8 95.9 110.8 89.0 105.2 91 .9 96.2 93.0 91 .8 99.4 91 .9 104.5 111.4 96.5 116.4 85.8 107.8 92.8 96.7 95.2 92. 2 102. 8 88.1 104.6 110.3 98.3 125.7 84.0 112.7 91.3 94.9 90.6 94.4 103.7 87.6 107.6 11 2.3 99.1 128.4 80.1 114.0 92 .3 92.5 83.6 92 .2 101 .8 86.2 108.1 112.5 99.5 131 .9 77.9 113.0 94.1 97.4 84.4 95 .9 101.3 86.6 111 .2 114.2 105.0 136.1 84.4 114.2 90.2 97.1 88.0 96.4 102.1 87.1 111 .1 118.7 109.7 141 .8 80.9 116.9 78.8 67.4 51 .8 88.3 55. 9 83.9 59 .6 55.7 77 .5 62. 9 70.2 77 .7 93.7 98.0 83.9 89.5 91.2 94.1 87.3 93.3 87 .9 93.6 91 .3 93.8 97.6 105. 1 91 .8 92.3 91 .0 93.1 87 .5 97.3 90.0 95.0 96.3 100.0 100.6 90.3 115.3 95.1 96.5 95.3 98.7 81 .8 96 .9 89.2 67.8 85.6 98 .5 82.8 125.8 94.2 91.4 93.4 98.2 77.9 93.2 92 .3 64 .0 86 .3 94 .8 83.0 131.6 105.2 104.0 102.5 114.2 78.0 104.8 106.4 70.0 91 .8 93.5 86.4 109.5 99.1 107.5 101 .2 111 .6 87.7 100.0 106.6 77.3 93.0 91 .9 84 .0 97.4 82.4 90.8 83.3 94.0 80.6 87 .0 102.1 65.4 99.9 92.8 78.8 92.2 81 .6 92.6 79.1 92 .9 78.2 87 .2 103.5 61 .5 105. 7 91.3 77.2 101 .0 80.2 89.5 75.3 91.5 76 .2 84.3 102 .2 56.4 104.4 92.3 75.3 98.4 67.8 76.0 64.2 79.7 66.1 73.3 93.0 49.5 96.9 94.1 76.0 88.0 68.4 73.4 62.6 79.5 65.1 75. 0 94.0 47.6 93.0 90.2 74.8 89.1 72 .6 78.2 66.4 83.9 71.4 82.8 110.3 48.5 99.4 Total hours . United States .... . . . . . . . . . . . . . . . . . . . . . . . . . . . ..... ..... Canada ... .. ..... ..... .... ..... ..... ... ... .... ... .. ... . ........ Japan .. .. ...... .. .. . ... ... ....... ... ..... .. .... ... ... ...... . ....... Belgium .. ....... ........ ....... ..... .. ..... .. ...... .... Denmark ... ............... ...... ..... . . . .. ......... .. ... .... France ..... ..... .... .. ..... .. ..... ...... .. ....... ... .. ... .. Germany ........ ........... ..... ... .......... .... .. .... .. .. It aly .................. ••.. ...... ....... ........ ........ . ... ..... Netherlands ........... ....... ..... .... ......... ........... Norway . . . . . . . . . . . . . . . . . . . . . . . . ..... .. ... ... .. . . ......... Sweden .. ............ ......... .... . ............ United Kingdom .... . - - - - - - - 92 .1 86.8 97.7 92.4 105.0 99.4 97 .9 91.7 84 .8 99.4 92.3 106.6 105. 9 101.2 91.2 80.6 97.3 91.2 107.6 105.3 102.8 90.2 79.5 98.6 91 .9 11 2.0 103.9 102.8 89.9 80.1 99.9 92 .6 113.7 105.9 101.9 89.2 78.9 99.8 92 .6 109.6 106.0 98 .1 86.8 78.8 100.1 92.5 105.9 107.3 94 .3 86.5 78.2 98.9 91 .9 104.1 107.5 89.8 84 .2 76.1 99.5 89.9 101 .6 102.7 85.7 105.6 103.7 104 .7 106.1 107.9 106.0 108.3 109.2 109.4 107.0 109.1 111 .1 111 .5 109.3 112.6 115.2 11 7.4 111 .7 115.4 117.0 122 .1 115.8 114.8 118.5 131 .1 119.6 113.7 120.6 134.3 123.8 114 .5 127.2 140.6 126.8 122.8 136.5 - - Compensation per hour . United Stat es . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Canada ......... ............ . ................. .... .. .. ..... .... Japan . . . . . . . . . . .. .. .. .. ... .. .... ... .. .. ... .. .. .. . .. .. ...... Belgium ... ............ .......... .... .. ...... . . ..... .... Denmark .......... ... ....... ........ ....... ........... .. .. .. .... . France ············· ....... ........ .... .... ... .... .... .... .. Ge rm any ...... .. ..... ..... ..... .... .. .. ...... .... It aly . .. .. .. . .. . .. . .. .. ....... ...... .. ..... .. ....... ... .. .. ..... Netherlands ... .............. ............ ............. ...... Norway ........... ... .. .. ....... .... .. ..... ..... .. .. . Sweden ... ............. ........ ........ ....... ...... .. .. . . . . . . . . United Kingdom ... .... .......... .... ............... .. Unit labor costs : National currency basis United States ...... .. ........ .... .......................... Canada .. .. . . . .. . . . . . . . . . . . . . .... .. .. .. ... .. . .... .. .. . .. ...... Japan ..... .... ... .. .. ...... .... .... ....... .. ....... ......... Belgium ......... .... .... ....... ........... ... ... .... .. . .......... . Denmark ............. ......... .. .. ... .. .......... .. France ..... .. ..... .. .... .. ... ..... .. .. ..... .. ....... .... .... .. .... Germany ......... ............ ...... . ... .. ....... ... ...... .. ..... .. Italy . . . . . . . . . . . . . . . . . . ....... .. ...... .......... . ..... Netherlands .... ..... ...... ....... ... .. ... ... ... ............ Norway. ............... ..... ... ...... . ... ... .. . . ...... . ... ..... Sweden .. ........... ............ .... .. ... ... ... ...... ... United Kingdom ... ........ . . Unit labor costs : U.S. dollar basis United States .. Canada . . . . . . . . . .. . ··• .. ...... ...... . ...... . ...... .. .. .. Japan ··········--·· ........... ..... ....... .. ... ... .. .. .... .. ....... Belgium .. .... ... ... ..... .... ... .. ... .. .. ....... .. ........ Denmark . . . . . . . . . . . . ........ ....... ........ ...... .... France ... ... ..... ... .... ... ........ ... .. ..... .. ...... Germany .... ..... . ... .. ... ..... .. ......... ..... ... ....... . ...... Italy ..... ........... ... .. ..... .. .. ...... . ... ... ... .... .. .. . Netherlands ... .... ......... ....... ....... .. ... ... Norway ...... ... ... .... ....... ................... .... .. ....... Sweden ........... .. ..... . ... ... . ........ ..... .... ......... United Kingdom .... - - 32. 9 11 .0 19.4 12. 0 23.4 10.4 14.3 15.3 11 .0 16.9 15.6 36.0 15.5 27.0 18.0 25.7 17. 1 22 .3 24.5 17.4 23.1 19. 1 NOTE: Data for Germany for years before 1991 are for the form er West Germany . Data for 1991 onward are for unified Germany. Dash indicates data not available. 144 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis November 2,004 1 55. Occupational injury and illness rates by industry, United States Industry and type of case 2 Incidence rates per 100 full-time workers 1989 1 1990 1991 1992 1993 4 1994 4 1995 4 1996 4 1997 3 4 1998 4 1999 4 2000 4 2001 4 PRIVATE SECTORS Total cases . Lost workday cases.... . ............... ... ... Lost workdays .......................... ........................................ . 8.6 4.0 78.7 8.8 4.1 84.0 8.4 3.9 86.5 8.9 3.9 93.8 8.5 3.8 8.4 3.8 8.1 3.6 7.4 3.4 7.1 3.3 6.7 3.1 6.3 3.0 6.1 3.0 5.7 2.8 10.9 5.7 100.9 11.6 5.9 11 2.2 10.8 5.4 108.3 11 .6 5.4 126.9 11.2 5.0 10.0 4.7 9.7 4.3 8.7 3.9 8.4 4.1 7.9 3.9 7. 3 3.4 7.1 3.6 7.3 3.6 Total cases . Lost workday cases Lost workdays .. 8.5 4.8 137.2 8.3 5.0 119.5 7.4 4.5 129.6 7.3 4.1 204.7 6.8 3.9 6.3 3.9 6.2 3.9 5.4 3.2 5.9 3.7 4.9 2.9 4.4 2.7 4.7 3.0 4.0 2.4 Construction Total cases ........ ............ ........ . Lost workday cases Lost workdays .......................... . 14.3 6.8 143.3 14.2 6.7 147.9 13.0 6.1 148.1 13.1 5.8 161 .9 12 2 5.5 11 .8 5.5 10.6 4.9 9.9 4 .5 9.5 4.4 8.8 4.0 8.6 4.2 8.3 4.1 7.9 4.0 General building contractors : Total cases. Lost workday cases Lost workdays .... ...... . ...... .. ... .............. .. ......... . 13.9 6.5 137.3 13.4 6.4 137.6 12.0 5.5 132.0 12.2 5.4 142.7 11 .5 51 10.9 5.1 9.8 4.4 9.0 4.0 8.5 3.7 8.4 3.9 8. 0 3.7 7.8 3.9 6.9 3.5 Heavv construction . exceot buildina: Total cases. Lost workday cases Lost workdays .. 13.8 6.5 147.1 13.8 6.3 144.6 12.8 6.0 160.1 12.1 5.4 165.8 11.1 5.1 10.2 5. 0 9.9 4.8 9.0 4.3 8.7 4.3 8.2 4.1 7. 8 3.8 7.6 3.7 7.8 4.0 Soecial trades contractors: Total cases .. Lost workday cases .. Lost workdays .. 14.6 6.9 144.9 14.7 6.9 153.1 13.5 6.3 151 .3 13.8 6.1 168.3 12.8 5.8 12.5 5.8 11.1 5.0 10.4 4.8 10.0 4.7 9.1 4 .1 8.9 4.4 8.6 4.3 8.2 4.1 13. 1 ~8 113.0 13.2 ~8 120.7 12.7 ~6 121 .5 12.5 ~4 124.6 12.1 5.3 12.2 5.5 11 .6 5.3 10.6 4.9 10.3 4.8 9.7 4.7 9.2 4.6 9.0 4.5 8.1 4.1 14.1 6.0 116.5 14.2 6.0 123.3 13.6 5.7 122.9 13. 4 Lost workday cases ... Lost workdays ... 5.5 126.7 13. 1 5.4 13.5 5.7 12.8 5.6 11.6 5.1 11. 3 1 5.1 10.7 5.0 10.1 4.8 Lumber and wood products: Total cases .. . .............. ..... ..... .. . Lost workday cases .. Lost workdays ... 18.4 9.4 177.5 18.1 8.8 172.5 16.8 8.3 172.0 16.3 7.6 165.8 15.9 7.6 15.7 7.7 14.9 7.0 14.2 6.8 13.5 6.5 13.2 6.8 13.0 6.7 12.1 6.1 10.6 5.5 16.1 7.2 16.9 ~8 15.9 7.2 14.8 ~6 128.4 14.6 6.5 15.0 7.0 13.9 6.4 12.2 5.4 12.0 5.8 11 .4 5.7 11.5 5.9 11 .2 5.9 11 .0 5.7 Stone. clav. and alass oroducts: Total cases .. .. .... ................. .......... . Lost workd ay cases Lost workdays ..... 15.5 7.4 149.8 15.4 ~3 160.5 14.8 6B 156.0 13.6 ~1 152.2 13.8 6.3 13.2 6.5 12.3 5.7 12.4 6.0 11 .8 5.7 11.8 6.0 10.7 5.4 10.4 5.5 10.1 5.1 Primarv metal industries: Total cases Lost workday cases Lost workdays ... .................... ...... . 18.7 8.1 168.3 19.0 8.1 180.2 17.7 7.4 169.1 17.5 7. 1 175.5 17.0 7.3 16.8 7.2 16.5 7.2 15.0 6.8 15.0 7.2 14.0 7.0 12.9 6.3 12.6 6.3 10.7 5.3 11 .1 Fabricated metal oroducts: Total cases . Lost workday cases. Lost workdays ...................... ...... ...... .... .... ..... . . 18.5 7.9 147.6 18.7 7.9 155.7 17.4 7.1 146.6 16.8 6.6 144.0 16.2 6.7 16.4 6.7 15.8 6.9 14.4 6.2 14.2 6.4 13.9 6.5 12. 6 6.0 11 .9 5.5 11 .1 12.1 4.8 86.8 12.0 4.7 88.9 11 .2 4.4 86.6 11 .1 4.2 87.7 11 .1 4.2 11 .6 4.4 11 .2 4.4 9.9 4.0 10.0 4.1 9.5 4.0 8.5 3.7 8.2 3.6 11 .0 6.0 9.1 3. 9 8.6 3.7 83.0 8.4 3.6 81 .2 8.3 3.5 8.3 3. 6 7.6 3.3 6.8 3.1 6.6 3.1 5.9 2.8 5.7 2.8 5.7 2.9 5.0 2.5 77.5 9.1 3.8 79.4 17.7 6.8 138.6 17.8 6.9 153.7 18.3 7.0 166.1 18.7 7. 1 186.6 18.5 7.1 19.6 7.8 18.6 7.9 16.3 7.0 15.4 6.6 14.6 6.6 13.7 6.4 13.7 6.3 12.6 6.0 Instruments and related oroducts: Total cases .. Lost workday cases Lost workdays 5.6 2. 5 55.4 5.9 2.7 57.8 6.0 2.7 64.4 5.9 2.7 653 5.6 2.5 5.9 2. 7 5.3 2.4 5. 1 2.3 4.8 2.3 4.0 1.9 4.0 1.8 4 .5 2.2 4.0 2.0 Miscellaneous manufacturina industries: Total cases Lost workday cases .. . Lost workdays ........................ . 11 .1 5.1 97.6 11 .3 5. 1 113.1 11 .3 5.1 104.0 10.7 5.0 108.2 10.0 4.6 9.9 4.5 9.1 4.3 9.5 4.4 8.9 4. 2 8.1 3.9 8.4 4.0 7.2 3.6 6.4 3.2 Agriculture, forestry, and fishings Total cases ................... ...... .................................. .. ...... . Lost workday cases .......... ............ Lost workdays .. Mining Manufacturing Total cases. Lost workday cases Lost workdays .. Durable goods: Total cases Furniture and fi xtu res: Total cases ..... ............... .. ... . Lost workday cases .. . Lost workdays .. . Industrial machinery and equ ipment: Total cases ............................. .. ......... . Lost workday cases .................. .. ........ .. Lost workdays Electronic and other electrical eauioment : Total cases Lost workday cases .... Lost workdays Transoortation eauioment: Total cases . Lost workday cases Lost workdays 8.8 4 .3 5.3 See footnot es at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review November 2004 145 Current Labor Statistics: Injury and Illness 55. Continued-Occupational injury and illness rates by industry, 1 United States Incidence rates per 100 workers3 Industry and type of case 2 1989 Nondurable goods: Total cases Lost workday cases Lost workdays ..... .. .................. .... .. .. .. . 1 1990 1991 1992 1993 4 1994 4 1995 4 1996 4 1997 4 1998. 1999. 2000. 2001. 11 .6 5.5 107.8 11 .7 5.6 116.9 11 .5 5.5 11 9.7 11 .3 5.3 121 .8 10.7 5.0 10.5 5.1 9.9 4.9 9.2 4.6 8.8 4.4 8.2 4 .3 7.8 4.2 7.8 4.2 6.8 3.8 18.5 9.3 174 .7 20.0 9.9 202.6 19.5 9.9 207.2 18.8 9.5 211.9 17.6 8.9 17.1 9.2 16.3 8.7 15.0 8.0 14.5 8.0 13.6 7.5 12.7 7.3 12.4 7.3 10.9 6.3 Tobacco oroducts: Total cases Lost workday cases Lost workdays .. .. .. ........ .. .. .. 8.7 3.4 64.2 7.7 3.2 62.3 6.4 2.8 52.0 6.0 2.4 42.9 5.8 2.3 5.3 2.4 5.6 2.6 6.7 2.8 5.9 2.7 6.4 3.4 5.5 2.2 6.2 3.1 6.7 4.2 Textile mill oroduct s: Total cases Lost workday cases Lost workdays 10.3 4.2 81.4 9.6 4.0 85.1 10 .1 4.4 88.3 9.9 4.2 87.1 9.7 4 .1 8.7 4.0 8.2 4 .1 7.8 3.6 6.7 3.1 7.4 3.4 6.4 3.2 6.0 3.2 5.2 2.7 Aooarel and oth er textile oroducts: Total cases . Lost workday cases Lost workdays .... .. ..................... . 8.6 3.8 80.5 8.8 3.9 92.1 9.2 4.2 99.9 9 .5 4.0 104.6 9.0 3.8 8.9 3.9 8.2 3.6 7.4 3.3 7.0 3.1 6.2 2.6 5.8 2.8 6.1 3.0 5.0 2 .4 12.7 5.8 132.9 12.1 5.5 124 .8 11 .2 5.0 122.7 11 .0 5.0 125.9 9.9 4 .6 9.6 4.5 8.5 4.2 7.9 3.8 7.3 3.7 7.1 3.7 7.0 3.7 6.5 3.4 6.0 3.2 Printina and oublishina : Total cases. . ...... .. .. ...... .. .. Lost workday cases Lost workdays . ....... ..... ... .. ................ .. ..... ..... .. 6.9 3.3 63. 8 6.9 3.3 69.8 6.7 3.2 74 .5 7.3 3.2 74 .8 6.9 3.1 6.7 3.0 6.4 3.0 6.0 2.8 5.7 2.7 5.4 2.8 5.0 2.6 5.1 2.6 4 .6 2 .4 Chemicals and al lied oroducts: Total cases ................................. .. ...... . ..... .. .... .. Lost workday cases .. ...... ....... ..... .... . Lost workdays .... .. .......... .. .... ..... .. .. 7.0 3.2 63.4 6.5 3.1 61.6 6.4 3.1 62.4 6.0 2.8 64 .2 5.9 2.7 5.7 2.8 5.5 2.7 4 .8 2.4 4.8 2.3 4 .2 2.1 4.4 2 .3 4.2 2.2 4.0 2.1 Petroleum and coal oroducts: Total cases ................................. .. . Lost workday cases .. Lost workdays .. .. .. .. .. .............. .......... ............... . 6.6 3.3 68. 1 6 .6 3. 1 77 .3 6.2 2.9 68.2 5.9 2.8 71.2 5.2 2.5 4.7 2.3 4.8 2.4 4.6 2.5 4.3 2.2 3.9 1.8 4.1 1.8 3.7 1.9 2.9 1.4 Rubber and misce llaneous olastics oroducts: Total cases .. .. .. .. .. .......... ........ . .. .. .......... .. ...... .. . Lost workday cases .. Lost workdays .......... .. ................. .. ... 16.2 8.0 147.2 16.2 7.8 15 1.3 15.1 7.2 150.9 14.5 6.8 153.3 13.9 6.5 14.0 6.7 12.9 6.5 12.3 6.3 11 .9 5.8 11.2 5.8 10.1 5.5 10.7 5.8 8.7 4.8 Leather and leath er oroducts: Total cases .... .. .. .. .. ................. .. . . .. Lost workday cases Lost workdays ... 13.6 6.5 130.4 12.1 5.9 152.3 12.5 5.9 140.8 12.1 5.4 128.5 12.1 5.5 12.0 5.3 11.4 4 .8 10.7 4.5 10.6 4.3 9.8 4 .5 10.3 5.0 9.0 4.3 8.7 4.4 Transportation and public utilities Total cases .. ................... .. .................. .. .. ...... ............ .. Lost workday cases.... .. .......... .. .. ....... .. Lost workdays ............................ . 9.2 5.3 121.5 9.6 5.5 134.1 9.3 1 5.4 140.0 9.1 5.1 144.0 9.5 5.4 9.3 5.5 9.1 5.2 8.7 5.1 8.2 4.8 7.3 4.3 7.3 4.4 6.9 4.3 6.9 4 .3 8.0 3.6 63.5 7.9 3.5 65.6 7.6 3.4 72.0 8.4 3.5 80.1 8.1 3.4 7.9 3.4 7.5 3.2 6.8 2.9 6.7 3.0 6.5 2.8 6 .1 2.7 5.9 2.7 6.6 2 .5 Wh olesale trad e: Total cases Losl workday cases .. Lost workdays 7.7 4.0 71 .9 7.4 3.7 7 1.5 7.2 3.7 79 .2 7.6 3.6 82.4 7.8 3.7 7.7 3.8 7.5 3.6 6.6 3.4 6.5 3.2 6.5 3.3 6.3 3.3 5.8 3.1 5.3 2.8 Retail trade: Total cases ............... .... .......... . Lost workday cases .. Lost workdays .. .... .. .. ...................... .......... .. .... .. ...... .. .. 8.1 3.4 60.0 8.1 3.4 63.2 7.7 3.3 69.1 8.7 3.4 79.2 8.2 3.3 7.9 3.3 7.5 3.0 6.9 2 .8 6.8 2.9 6.5 2.7 6.1 2.5 5.9 2.5 5.7 2.4 2. 0 .9 17.6 2.4 2.9 1.2 32.9 2.9 1.2 2.7 2.6 1.0 2.4 .9 2.2 .7 .9 .5 1.8 .8 1.9 1.1 .8 1.8 .7 27.3 2.4 1.1 24 .1 5.5 2. 7 51.2 6.0 2.8 56. 4 6.2 1 2.8 60.0 7.1 3.0 68.6 6.7 2 .8 6.5 2.8 6.4 2.8 6.0 2.6 5.6 2.5 5.2 2.4 4.9 2 .2 4.9 2.2 4.6 2.2 Food and kindred products: Total cases . .... .......................... ........ .. ...... . .. . Lost workday cases Lost workdays Paoer and allied orodu cts: Total cases Lost workday cases Lost workday s Wholesale and retail trade Total cases .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. ..... Lost workday cases. Lost workdays .. Finance, insurance, and real estate Total cases ....................................... .. .. .... ........ .......... .. Lost workday cases Lost workdays .. . 1.1 I Services Total cases .. Lost workday cases . Lost workdays ... 1 Data for 1989 and subsequent years are based on the Standard Industrial Classification Manual . 1987 Edition . For th is reason. th ey are not strictly comparable with data for the years 1985-88, which we re based on the Standard Industrial Classification Manual . 1972 Edition, 1977 Supplement. 2 Beg inning with the 1992 survey, the annual survey measures only nonfatal injuries and N = number of injuries and illnesses or lost workdays ; EH = total hours worked by all employees during the calendar year; and 200,000 = base for 100 full-tim e equivalent workers (working 40 hours per week. 50 weeks per year). 4 Beginning with the 1993 survey, lost workday estimates will not be generated. As of 1992, illn esses. while past surveys covered both fatal and non fat al inciden ts. To better address BLS began generating percent distributions and the median number of days away from work fatalities , a basic element of workplace safety, BLS implemented the Census of Fatal by industry and for groups of workers sustaining similar work disabilities. 5 Occupational Injuri es 3 Excludes farms with fewer than 11 employees since 1976. Th e incidence rates represent th e number of injuries and illn esses or lost workdays per 100 full-time workers and were calculated 146 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis as (N/EH) X November 2004 200,000, where: NOTE: Dash indicates data not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 56. Fatal occupational injuries by event or exposure, 1997-2002 Fatalities Event or exposure 1 2002 1997-2001 average Total. .......... . Transportation incidents ........................................ ...................... . Highway incident. . .. ...... ..... ... .... .. .. ........ ............... .... ......... Collision between vehicles, mobile equipment.. .. Moving in same direction .... .. ..... ... .... .... .............. .. .... ....... .. . Moving in opposite directions, oncoming .. .... . .... .... .... ...... .. Moving in intersection. ... ... ... ... .... .. Vehicle struck stationary object or equipment.. ..... .. .... .. .. ... ..... . Noncollision incident ........... ........ ........... ....... .. ........ ......... ... ..... . Jackknifed or overturned-no collision . . ...... ..... .. ... .... .. .. Nonhighway (farm, industrial premises) incident... ...... .. ..... ..... ..... . Overturned ... ............. ... .......... .. ....... .. .. .......... ............ ... ... .. ... ... Aircraft. .... .. ....... ..... ... .... ..... ...... ..... ... ... .. .. ... . ... ... ..... , . .. .. .. . Worker struck by a vehicle ............ ... ... ..... .... .... .. ... .... .... ...... . Water vehicle .. .. ....... ..... ..... .... .. ... ..... ... ... ... ..... .. ... ... .. ... ... .... ......... . Rail vehicle ... ........ . ... ... .. ... .. .. ....... . ....... .. ... .... ... ..... .. . Number Number 5,915 5,524 100 2,593 1.421 697 126 254 148 300 369 300 368 202 248 382 2,524 1,409 727 142 257 138 297 339 273 326 158 247 383 90 62 2,381 1,372 635 155 202 145 326 373 312 322 164 192 356 71 64 43 25 11 840 609 469 58 82 199 15 11 8 9::1 Assaults and violent acts ............................................................. . Homicides .................. . Shooting ..... .. .. .... . .... . ... ... ... ... . ........ . .. ... ...... . Stabbing .. . ..... .. ..... .......... . . . Other, including bombing .. ... ........... ... ... . .. .. .. ........... . . Self-inflicted injuries ...... ..... .. .... ..... ... ...... .. ..... . 5::1 78 221 908 643 509 58 76 230 Contact with objects and equipment. ........... ............................ . Struck by object. .... .... .............. ... .... .......... ................... ... ............ . Struck by falling object.. .... .......... .... .. .. Struck by flying object. .. ...... .. .. . ... .. .... ..... .. .... ........ . Caught in or compressed by equipment or objects .. Caught in running equipment or machinery .... ....... ... .. . Caught in or crushed in collapsing materials .. ..... . 995 562 352 58 290 156 126 962 553 343 60 266 144 122 873 506 303 38 231 110 116 Falls.... ................... .. .................................................................. . Fall to lower level. .. ... .................. ..... .. .. .. .......... .............. . Fall from ladder ........ ..... .. ... ... ... .. .... ............. .. ............ ... ........... . Fall from roof. ... ... .. ... ....... . Fall from scaffold , staging Fall on same level. .. 737 654 111 155 91 61 810 700 123 159 91 84 714 634 126 143 87 63 Exposure to harmful substances or environments ................. . Contact with electric current ...... ... .. ... ... .... Contact with overhead power lines ... ... . .... .. ... ... ... ........... ........ . Contact with temperature extremes .... .. .... .. ... . .... .... ...... .. .. .... ... .. Exposure to caustic, noxious, or allergenic substances .... ... .. ..... . Inhalation of substances ....... ....... ..... ... ....... ... .. ........... .. .. . Oxygen deficiency .. .... ............. ...... ........ ............. ... ................. ... . Drowning, submersion .... ........ ... ..... ... ... .... .. ..... .. ...... 529 291 134 41 106 52 89 71 499 285 124 35 96 49 83 59 538 239 1 122 60 98 49 90 60 Fires and explosions ............... ............................... .................. 197 188 165 Other events or exposures 24 , 21 ....... .. ........ . ...• . .. . ......... . ...... .. ... . ' Based on the 1992 BLS Occupational Injury and Illness Classification Structures. 2 709 3 3 Percent 6,036 3 4 3 6 7 6 6 3 3 6 10 5 2 1 2 1 2 3 13 Totals for 200 1 exclude fatalities from the September 11 terrorist attacks. The BLS news release issued Sept. 25, 2002 , reported a total of 5,900 fatal work injuries for calendar year 2001. Since 3 Includes the category "Bodily reaction and exertion. " NOTE: Totals for major categories may include sub- then , an additional 15 job-related fatalities were identified. categories not shown separately. Percentages may not add bringing the total job-related fatality count for 2001 to 5,9 15. to totals because of rounding . Dash indicates less than 0.5 percent. Monthly Labor Review November 2004 147 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Bureau of Labor Statistics U.S. Department of Labor The Editor 's Desk Do you know TED? "What's TED?" We 're glad you asked. TED is The Editor's Desk, part of the BLS Website. TED is a daily source of fascinating facts and interesting information from BLS. 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DEPARTM ENT OF LABOR Bureau of Labor Statistics Postal Sq uare Building, Rm. 2850 2 Massachusetts Ave. NE Washington, DC 202 12-000 1 Peri odicals Postage and Fees Paid U.S. Department of Labor USPS 987 -800 Official Busi ness P,,nalty for Pr·vate Use , $300 Acidre"', Serv•ce> Reque>stcd Schedu le of release dates for BLS statistical series Release date Period covered MLR table number Series Release date Period covered Productivity an d costs November 4 3rd quarter December 7 3rd quqrter Employment situation November 5 October December 3 November January 7 December 1, 4-29 U.S. Import and Export Price Indexes November 10 October December 9 November January 13 December 43-47 Producer Price Indexes November 16 October DecembP-r 10 November Ja nuc1ry 14 December 2 40--42 Con sumer Price indexes November 17 October December 17 November Ja nuary 19 December 2. 37 -39 Real earn ing s November 17 October December 17 November J,rnu ary 19 December 14-16. 29 January 28 4th quarter 1 3. 30-33 Employment Cost Indexes https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Rel ease date Period covered 2. 48 51