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https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis U.S. DEPARTMENT OF LABOR Ann McLaughlin, Secretary Regional Commissioners for Bureau of Labor Statistics Janet L. Norwood, Commissioner Region I—Boston: Anthony J. Ferrara Kennedy Federal Building, Suite 1603 Boston, MA 02203 Phone: (617) 565-2327 Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont The Monthly Labor Review is published by the Bureau of Labor Statistics of the U.S. Department of Labor. Communications on editorial matters should be addressed to the Editor-in-Chief, Monthly Labor Review, Bureau of Labor Statistics, Washington, DC 20212. Phone: (202) 523-1327. Region II—New York: Samuel M. Ehrenhalt 201 Varick Street, Room 808, New York, NY 10014 Phone (212) 337-2400 New Jersey New York Puerto Rico Virgin Islands BUREAU OF LABOR STATISTICS Subscription price per year— $16 domestic; $20 foreign. Single copy, $4.75 domestic; $5.94 foreign. 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Cruse 1371 Peachtree Street, N.E., Atlanta, GA 30367 Phone: (404) 347-4416 Alabama Florida Georgia Kentucky Mississippi North Carolina South Carolina Tennessee Region V—Chicago: Lois L. Orr 9th Floor, Federal Office Building, 230 S. Dearborn Street Chicago, IL 60604 Phone: (312) 353-1880 Illinois Indiana Michigan Minnesota Ohio Wisconsin Region VI—Dallas: Bryan Richey Federal Building, Room 221 525 Griffin Street, Dallas, TX 75202 Phone: (214) 767-6970 Arkansas Louisiana New Mexico Oklahoma Texas Regions VII and VIII—Kansas City: Gunnar Engen 911 Walnut Street, Kansas City, MO 64106 Phone: (816) 426-2481 VII Iowa Kansas Missouri Nebraska VIII Colorado Montana North Dakota South Dakota Utah Wyoming October cover: Detail from "Under the El,” a drawing by Gerson Leiber, from the Rosenwald Collection of the National Gallery of Art; Photograph courtesy of the National Gallery, Washington, D.C. Cover design by Melvin B. Moxley https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Regions IX and X—San Francisco: Sam M. Hlrabayashi 71 Stevenson Street, P.O. Box 3766 San Francisco, CA 94119 Phone: (415) 995-5605 IX American Samoa Arizona California Guam Hawaii Nevada Trust Territory of the Pacific Islands X Alaska Idaho Oregon Washington NTHLY LABOR REVIEW OCTOBER 1988 VOLUME 111, NUMBER 10 Henry Lowenstern, Editor-in-Chief Robert W. Fisher, Executive Editor NOV 1 8 1988 Max L. Carey 3 Occupational tenure in 1987: many workers remain in their fields Generally, men have been In their current occupations longer than have women, whites longer than blacks, and college graduates longer than other workers Robert A. Kuemmerljng, Patricia Hanson 13 Rita S. Jain 18 Inflation holds steady during the first half Increase in Consumer Price Index remains unchanged at 4.4 percent, as a downturn in energy component is offset by acceleration in prices for food and apparel Employer-sponsored dental insurance eases the pain Dental care plans grew in prominence from 1980 to 1986; plan cost control measures, as well as plan benefits, kept pace with the rising cost of dental care Penny L. Asbury, Carl Barsky 24 Evaluation of mean wage estimates in industry wage surveys Variances and wage distribution data provide the basis for evaluating the reliability of mean wage estimates: 7 surveys from the 1985 and 1986 program are reviewed James D. York 30 Variety stores experience shifting trend in productivity Output per hour of all persons decreased at an average annual rate of 0.5 percent during 1967-86; from 1977, however, productivity rose modestly, aided by technology REPORTS Walter F. Lane and others 34 Adjusting the John B. Farrell 37 Establishment survey incorporates March 1987 employment benchmarks C. Joseph Cooper, Jr. 39 White-collar pay in nonservice industries, March 1988 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis c pi shelter index to compensate for effect of depreciation DEPARTMENTS 2 Labor month in review 34 Technical notes 39 Research summaries 44 Major agreements expiring next month 45 Developments in industrial relations 48 Book reviews 51 Current labor statistics Labor Month In Review WHITE-COLLAR SALARIES. The Bureau of Labor Statistics released the results of its first nationwide whitecollar pay survey of the private service industries. Because past Professional, Admin istrative, Technical, and Clerical Pay surveys have included pay for jobs in other sectors of the economy, the re sults of this year’s study—limited to the service sector—cannot be directly compared with previous surveys. Av erage salaries for 26 occupations and 93 work levels covered a broad range of duties and responsibilities. Among the professional jobs studied, salaries averaged $19,588 a year for beginning accountants and $26,355 for beginning engineers, while senior levels of both jobs (level V) were approximately 50,000. The salary for engineer VIII—the top-level surveyed—averaged $78,049. Other types of jobs also had wide salary differences, such as $10,338 to $19,151 for general clerks and $15,285 to $29,014 for secretaries. Salaries of nursing assistants averaged $8,558, $10,872, and $14,369, depending upon the employees’ levels of responsibility. The March 1987 survey reflects changes to broaden coverage of the Professional, Administrative, Techni cal, and Clerical Pay to more industries, including health care services, and to smaller establishments. The findings will be combined with updated informa tion from nonservices establishments studied in 1986. The results will be used by the President’s Pay Agent to make annual pay comparisons between Fed eral white-collar workers and their counterparts in private industry. Rotat ing industry coverage in different years allows the Bureau to obtain a broader scope of pay data within current budge tary limits. March 1987 salaries. Annual salaries of accountants averaged from $19,588 at level I to $49,291 at level V. Sala 2 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ries of public accountants ranged from $21,006 for new graduates at level I to $33,989 for supervisors at level IV. The accountants, public accountants, and auditors included in the survey had at least bachelor’s degrees in account ing or the equivalent in education and experience. Programmer and programmer analyst trainees at level I averaged $20,980 a year; this was approximately half the average of level V incumbents who plan and direct large computer programming projects or solve unusually complex computer programming problems. Computer systems analysts at level I averaged $28,607 a year. This level in cludes workers who are familiar with systems analysis procedures and are working independently on routine problems. Systems analysts at level V, the highest of six job levels for which statistically reliable data could be ob tained, average $59,841 a year. At this level, analysts are senior technicians or managers responsible for the develop ment and maintenance of large and complex computer systems. Attorneys included in the study (all having at least LL. B. degrees and bar membership) were employed in the legal departments of establishments other than law firms. Those attorneys performing work involving applicable precedents and established facts were classified at level II and averaged $41,370 a year; those at level IV, with responsibility for resolving difficult legal problems, averaged $63,711. Personnel directors at level I, who administer conventional programs cov ering 250 to 1,000 workers, averaged $35,167, compared with $43,927 for level II, the highest publishable level out of five studied. Annual salaries for the eight levels of engineers studied ranged from $26,355 for recent graduates at level I to $78,049 for senior engineering mana gers and researchers at level VIII. Statistically reliable data on pay were obtained for three additional jobs in the nursing field. One of these, registered nurse, was the most numerous of the professional and administrative jobs studied. Over 80 percent of the nurses were at level II, which designates those who exercise considerable indepen dence in difficult nursing situations. They averaged $24,127 a year. The other two jobs, nursing assistant and licensed practical nurse, are included among the survey’s technical support occupations. Nursing assistants had average salaries from $8,558 for level I to $14,369 for level III, the highest level for which pay data met Bureau publication standards. Of the three levels of licensed practical nurses, level II incumbents accounted for most of the licensed practical nurses covered, and their salaries averaged $16,487 a year. Among the 27 clerical levels for which data could be obtained, average yearly salaries ranged from $10,338 for general clerks I to $29,014 for secre taries V, the highest of a 5-level series. Averages for 8 of the clerical levels exceeded $19,000; 7 ranged from $15,000 to $19,000; and 12 fell below $15,000. Scope of survey. The March 1987 survey covered those private industry establishments employing 20 workers or more which primarily provide perso nal, business, educational, health, legal, recreational, and technical services. A random sample of these establishments was selected for study to represent all metropolitan and nonmetropolitan areas of the United States except Alaska and Hawaii. For additional details on the methods of the survey, see b l s Bulletin 2271, “National Survey o f Professional, Administrative, Technical, and Clerical Pay, March 1986, ’’and the forthcom ing 1987 bulletin. □ Labor Month In Review JOBLESS INSURANCE. Why does only about one in three unemployed persons receive unemployment insurance benefits? At a September 15 hearing of a House Ways and Means subcommittee, Mary Ann Wyrsch, director of the U.S. Labor Depart ment’s Unemployment Insurance Service, reported on a recent study by Mathematica Policy Research, Inc. of this problem. Here are highlights from her testimony: After a series of discussions and a Con gressional hearing in 1986, the Department initiated, in the same year, a study designed to develop an explanatory model of the ra tio of insured to total unemployment. The study was based on statistical analyses of na tional data over the 1948-86 period, an indepth analysis of more detailed data from all States over the 1971-86 period, and inperson interviews with key unemployment insurance officials in the largest States. The analysis in the report focused on the marked decline in the ratio of insured unemployment to total unemployment under regular State unemployment insurance programs. (While some aspects of the Extended Benefit pro gram were examined in relation to its effects on the regular program, the basic analysis excluded extended benefits programs.) The ratio declined from a level of over 40 per cent in the 1970’s to a level of 35 percent in the 1980’s (and 31 percent in 1987). Findings. The researchers found that there was no single factor which explained the ob served decline in the ratio of unemployment insurance claimants to the total number of unemployed during the 1971-86 period. Rather, the decline was caused by changes in the general labor market and by a num ber of policy changes at both the Federal and the State levels. This primary finding of the Mathematica study reinforced the preliminary conclusions of a previous study by the Brookings Institution, of the hearing before the Government Operations Commit tee, and of in-house Department examina tions of the issue, that there were a dumber https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis of interacting factors affecting the insured unemployment rate-total civilian unemploy ment rate ratio. The study assigned weights to a range of potential causes of the gap which fall into the following categories: to adjust unemployment data for the 1970’s, accounted for between 1 and 12 percent of the decline. The Department is continuing its efforts on the “ gap” issue by undertaking the fol lowing actions: Economic factors. The decline in manufac turing unemployment relative to total unem ployment during the 1980’s accounted for between 4 and 18 percent of the observed decline in the proportion of the unemployed claiming unemployment insurance benefits, since it may be somewhat easier for manufacturing workers to apply for benefits than for other workers. Shifts in the geo graphic distribution of unemployment ac counted for about 16 percent of the decline in the unemployment insurance claims ra tio. During the 1980’s, relatively more un employment occurred in States with low claims ratios than in the 1970’s. (1) On June 27, the first of a series of three seminars on Unemployment Insurance was held at the U.S. Department of Labor un der the sponsorship of the Secretary. The subject of this first seminar was the widen ing gap between total and insured unem ployment. Federal policy. The partial taxation of un employment insurance benefits accounted for between 11 and 16 percent of the decline. State policy. Increased monetary eligibili ty requirements for unemployment insurance and reduced maximum potential durations of benefits available under State programs accounted for between 8 and 15 percent of the decline; increases in disqualifying in come denials (probably reflecting the pen sion offset provisions) accounted for about 10 percent of the decline; and changes in other nonmonetary eligibility requirements countered by some reductions in work test denials accounted for between 3 and 11 percent of the decline. Changes in total unemployment. The im proved coverage of Hispanics in the Cur rent Population Survey, including a correc tion for undocumented aliens along with the way in which 1980 Census data were used (2) The Unemployment Insurance Serv ice is currently working with the Bureau of Labor Statistics to add to the Current Popu lation Survey, on a special supplementary basis, specific questions for persons enumer ated as unemployed. The questions, which will be asked on four occasions, will relate to the Unemployment Insurance program, unemployment insurance benefit eligibility, and reasons for not filing for unemployment insurance benefits. (3) Because of a lack of up-to-date infor mation on the experiences, behavior, and labor market characteristics of those who have exhausted their unemployment insur ance benefits entitlement, the Department of Labor has recently signed a contract (also with Mathematica) to conduct a sample sur vey of unemployment insurance exhaustees to gather this information. (4) The Department will urge the States to examine the unemployment insurance gaps in their own jurisdictions. The Mathematica study will be shared with the States and individual State-level analysis will be encouraged. The study is available from the Employ ment and Training Administration, Unem ployment Insurance Services, (202) 535-0620. □ MONTHLY LABOR REVIEW OCTOBER 1988 VOLUME 111, NUMBER 10 ERRATUM: Page 2 Please insert the “ Labor Month in Review” appearing on the reverse to replace the August 1987 version erroneously republished on page 2. U.S. Department of Labor Bureau of Labor Statistics Washington, D.C. 20212 FIRST CLASS MAIL U.S. Postage Paid Permit No. G-59 Official Business Penalty for Private Use, $300 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MLR L I B R A 4 4 2 L ISSDUE005R 1 LIBRARY FED RE SE RVE BANK OF ST L O U I S PO BOX 442 SAINT LOUIS MO 6 3 16 6 Occupational tenure in 1987: many workers have remained in their fields Generally, men have been in their current occupations longer than have women, whites longer than blacks, and college graduates longer than those with less education; almost half o f the 55- to 59-year-olds have been in their current occupations at least 20 years M ax L. Carey Information on tenure— the length of time worked in an occupation— can be useful to individuals, employers, and labor market researchers. Individuals planning their careers can use tenure information to help identify occu pations having long- and short-term worker attachment. In career planning, knowledge of tenure can aid in evalu ating job satisfaction, job security, and career potential. Employers can use occupational tenure information in a variety of personnel planning activities. Together with in formation on separations, tenure data can be used by employers to anticipate the number of workers they may be required to hire to replace workers who leave their firm. The data also can be used to compare the occupa tional tenure of a firm’s employees with the work force as a whole. Researchers in Government agencies, universi ties, employer associations, professional associations, and unions can use tenure information to study labor market behavior of workers in specific occupations of interest as well as in the labor market in general. The information presented in this article is based on data obtained from a supplement to the January 1987 Current Population Survey. In that supplement, occupa tional tenure was defined as the cumulative number of years a person worked in his or her current occupation, regardless of number of employers, interruptions in em ploym ent, or tim e spent in other occupations. For Max L. Carey is an economist in the Division of Economic Growth and Employment Projections, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis example, a person who worked as a librarian for 2 years, as a teacher for the next 5 years, and then as a librarian for the last 2 years (their current job), would be classified as a librarian with 4 years of tenure. This measure should not be confused with employer tenure— the amount of time worked for the same employer— which was treated sepa rately in the survey and is briefly discussed later in this article. Median occupational tenure of the 109.1 million work ers 16 years of age and older in January 1987 was 6.6 years. (For ease of reading, medians henceforth will be called averages in the text of this article.) Average tenure in creased directly with age, rising from 1.9 years for workers ages 16-24 to 21.9 years for those 70 and over. (See table 1.) Most teenagers, of course, have not been in the labor force long enough to have much experience, and jobs held by students typically are temporary. Moreover, young high school and college graduates often try more than one occupation before deciding on a career, and entry into some fields is delayed until advanced degrees are com pleted. By the time they are in their late twenties or early thirti' s, however, many people have settled into a career path. Almost 47 percent of all workers 35 to 39 years of age had 10 years or more of tenure, while only 12 percent had less than 2 years.1 A person who has accumulated a lengthy amount of tenure in an occupation often will try to remain in it until retirement, because a change in careers could require a change of employers and result in a loss of 3 M ONTHLY LABOR REVIEW October 1988 • Occupational Tenure seniority and pension rights. About 46 percent of the workers ages 55 to 59 had 20 years of tenure or more. While the survey did not indicate when the current occupation was first entered, the data suggest that some older people had been doing the same kind of work virtu ally all their adult lives. Almost one-fifth of the workers ages 65 to 69, for example, reported 40 years of tenure or more, which means they could have started before age 25 but not after age 29. Because tenure was measured cumu latively, some of these people may have first entered their occupation well before age 25, with time away for military service, family responsibilities, or other reasons. In addition to being a function of age, occupational ten ure varies by sex, race, education, and other demographic characteristics. Generally, men had more tenure than women, whites more than blacks and Hispanics, and col- Table 1. Occupational tenure of employed persons by age, sex, race, Hispanic origin, and employment status, January 1987 Total employed Characteristic Number (in thou Percent sands) Tenure In current occupation (percent distribution) 10 years or more Less than 2 years 2-3 years 4-5 years 6-9 years Total 10-14 years 15-19 years 20-24 years 25-29 years 30-34 years 35-39 years Median tenure (in 40 years years) or more Total, 16 years and older............ 1 6 -2 4 ...................................... 2 5 -2 9 ...................................... 3 0 -3 4 ...................................... 3 5 -3 9 ...................................... 4 0 -4 4 ...................................... 109,090 19,090 16,326 15,833 14,674 11,871 100.0 100.0 100.0 100.0 100.0 100.0 19.3 51.4 21.7 14.8 12.3 10.2 17.2 31.7 24.8 16.5 13.3 12.2 10.8 11.1 19.0 13.2 10.1 8.6 15.2 5.4 25.4 24.3 17.7 14.3 37.5 .4 9.1 31.3 46.6 54.7 14.1 .4 8.7 25.4 23.3 17.9 8.8 _ .3 3.6 18.2 18.2 6.1 _ _ .3 4.8 15.2 3.2 2.7 1.3 1.3 _ _ .3 3.2 _ _ .3 — — 6.6 19 44 69 9.0 10.7 4 5 -4 9 ...................................... 5 0 -5 4 ...................................... 5 5 -5 9 ...................................... 6 0 -6 4 ...................................... 6 5 -6 9 ...................................... 70 and olde r........................... 9,360 7,684 6,914 4,500 1,692 1,146 100.0 100.0 100.0 100.0 100.0 100.0 8.6 7.9 6.5 5.9 7.6 4.7 9.9 8.9 7.6 6.9 9.1 6.2 7.3 7.6 5.1 5.0 6.2 5.8 12.1 10.5 9.9 9.6 7.8 8.6 62.2 65.2 70.8 72.6 69.4 74.7 15.4 14.0 12.7 12.8 9.9 10.9 14.7 12.7 11.9 10.4 9.1 7.8 16.5 12.3 12.4 10.9 7.5 7.7 11.0 12.1 8.7 7.5 7.5 4.4 4.3 11.0 13.8 10.8 9.4 6.7 .3 2.7 7.8 9.7 6.8 4.2 .3 3.5 10.5 19.3 32.9 13.3 15.2 17.7 19.4 20.1 21.9 Men, 16 years and old e r............. 1 6 -2 4 ...................................... 2 5 -2 9 ...................................... 3 0 -3 4 ...................................... 3 5 -3 9 ...................................... 4 0 -4 4 ...................................... 60,242 9,820 8,974 8,971 8,109 6,463 100.0 100.0 100.0 100.0 100.0 100.0 16.9 51.0 20.0 12.4 9.1 7.6 15.3 31.1 24.2 15.0 10.7 8.7 10.0 11.3 18.8 12.6 8.9 7.1 14.6 6.1 26.5 25.1 17.1 11.5 43.3 .5 10.5 34.9 54.2 65.1 14.6 .5 10.0 28.0 26.9 18.9 9.7 _ .4 6.4 21.2 22.3 7.2 _ _ .5 5.6 19.3 4.2 3.8 1.8 1.9 _ _ .5 4.2 _ .5 _ — — 7.9 2.0 46 76 10.4 13.8 4 5 -4 9 ...................................... 5 0 -5 4 ...................................... 5 5 -5 9 ................................... 6 0 -6 4 .................................... 6 5 -6 9 ...................................... 70 and olde r............................ 5,208 4,341 4,006 2,673 1,000 678 100.0 100.0 100.0 100.0 100.0 100.0 6.3 6.0 5.0 5.0 7.7 3.3 7.1 6.8 5.7 6.5 9.0 6.0 6.2 5.4 3.9 3.6 5.8 6.4 8.6 8.9 6.9 7.3 7.1 8.3 71.7 72.8 78.4 77.6 70.4 76.0 12.4 11.7 9.4 10.3 6.3 8.2 16.6 11.2 10.5 7.9 5.8 6.5 21.7 14.5 12.5 9.9 5.6 5.2 14.8 17.2 11.0 7.8 5.6 3.6 5.8 14.4 19.5 14.1 11.2 6.1 .4 3.3 10.6 13.9 9.1 4.4 .5 4.9 13.6 26.7 42.1 17.5 20.0 21.9 23.9 26.9 30.5 Women, 16 years and older....... 1 6 -2 4 ...................................... 2 5 -2 9 ...................................... 3 0 -3 4 ...................................... 3 5 -3 9 ...................................... 4 0 -4 4 ...................................... 48,848 9,270 7,353 6,863 6,565 5,408 100.0 100.0 100.0 100.0 100.0 100.0 22.2 51.7 23.7 18.1 16.3 13.3 19.6 32.3 25.6 18.4 16.4 16.3 11.9 11.0 19.3 13.8 11.6 10.5 16.0 4.7 24.1 23.2 18.4 17.6 30.3 .3 7.3 26.5 37.3 42.2 13.4 .3 7.1 22.0 18.9 16.6 7.8 _ .2 4.5 14.6 13.3 4.6 1.9 1.4 .6 6 _ .1 3.7 10.3 _ .1 1.9 _ .1 — 4 5 -4 9 ................................. 5 0 -5 4 .................................. 5 5 -5 9 ...................................... 6 0 -6 4 ...................................... 6 5 -6 9 ............................... 70 and olde r............................ 4,152 3,343 2,908 1,827 692 467 100.0 100.0 100.0 100.0 100.0 100.0 11.3 10.3 8.6 7.3 7.4 6.8 13.4 11.5 10.2 7.5 9.2 6.5 8.6 10.3 6.8 7.0 6.7 5.0 16.4 12.6 14.0 13.0 8.6 9.1 50.3 35.2 60.4 65.3 68.1 72.7 19.3 17.1 17.3 16.5 15.0 14.8 12.2 14.6 13.8 14.0 13.8 9.6 10.0 9.4 12.3 12.3 10.2 11.4 6.2 5.4 5.5 7.1 10.1 5.7 2.4 6.7 5.9 6.0 6.8 7.5 .1 1.9 3.9 3.4 3.6 4.0 1.6 6.0 8.7 19.6 10.0 10.8 12.4 14.5 15.6 18.8 White....................................... Men................................... Women ................................. 95,044 53,096 41,949 100.0 100.0 100.0 18.9 16.2 22.2 17.0 14.8 19,7 10.7 9.7 11.8 15.3 14.6 16.2 38.2 44.6 30.2 14.1 14.8 13.2 8.9 9.9 7.6 6.2 7.4 4.6 3.4 4.5 2.0 2.9 4.0 1.5 1.4 2.0 .6 1.5 2.1 .7 67 83 5.4 Black........................................... Men......................................... Women ................................... 10,851 5,447 5,404 100.0 100.0 100.0 21.3 22.1 20.6 18.0 17.6 18.4 12.0 11.8 12.2 14.7 14.1 15.2 34.0 34.5 33.6 14.3 13.1 15.4 9.1 8.9 9.3 5.7 6.1 5.2 2.3 2.8 1.8 1.7 2.2 1.1 .6 .6 .5 .5 .6 .3 5.8 5.8 5.8 Hispanic origin ............................ Men......................................... Women ............................... 7,198 4,408 2,790 100.0 100.0 100.0 24.3 22.2 27.6 23.0 21.6 25.2 11.8 11.2 12.7 15.9 16.0 15.8 25.1 29.1 18.7 12.2 13.9 9.7 6.1 6.7 5.2 3.2 3.7 2.4 1.7 2.3 .6 1.3 1.8 .5 .3 .4 .2 .3 .4 .1 45 51 3.7 Full-time workers........................ Men......................................... Women ................................... 93,665 55,464 38,201 100.0 100.0 100.0 16.4 14.4 19.2 16.8 14.9 19.5 11.1 10.2 12.3 16.1 15.4 17.0 39.7 45.1 32.0 15.0 15.5 14.2 9.5 10.3 8.4 6.5 7.6 4.9 3.4 4.5 2.0 2.9 3.9 1.4 1.3 1.8 .6 1.1 1.6 .5 72 84 5.9 Part-time workers........................ Men........................................ W omen................................... 15,425 4,778 10,647 100.0 100.0 100.0 36.9 45.5 33.1 19.9 19.9 19.9 9.5 7.1 10.6 10.0 5.3 12.2 23.6 22.3 24.2 8.6 4.3 10.5 4.8 3.4 5.4 3.1 2.6 3.3 1.8 1.9 1.7 1.8 2.7 1.4 1.0 2.0 .6 2.5 5.3 1.2 31 24 3.6 Note : Dashes indicate less than 0.1 percent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis — 54 19 41 60 7.0 8.0 lege graduates more than individuals with less education. In addition, self-employed individuals had more tenure than wage and salary workers, and full-time workers more than those on part-time schedules. The average tenure in any particular occupation not only reflects the ages and other demographic characteristics of workers, but also em ployment trends in the occupation. If employment has declined, the lack of jobs for young entrants combined with the aging of the experienced workers will tend to raise average tenure. Conversely, very rapid em ploym ent growth that provides jobs for many new workers will tend to lower average tenure in the occupation. Among the major occupational groups, average tenure ranged from 10.4 years for farming, forestry, and fishing workers to 4.1 years for service workers, reflecting differ ences in the dem ographic profiles and em ploym ent growth rates of the detailed occupations within the groups. Averages are similar when workers are young, but diverge with age. (See table 2.) Differences in average tenure among detailed occupations were much greater than among the major groups, ranging from 24.8 years for barbers to 1.5 years for food counter and fountain work ers. The relationship between tenure and age in detailed occupations can be seen in table 3, which ranks 277 occu pations having 50,000 or more workers by median tenure. Employment trends. The number of persons in occupa tions with the greatest average tenure generally has been growing very slowly or declining, but these occupations have sufficient appeal in terms of earnings, lifestyle, and other considerations to encourage continued worker at tachment. Farmers exemplify this type of occupation. Although a career in farming is attractive to some young people, opportunities for new owner/operators have been limited by the growing expense of land and equipment and the consequent merging of small farms into larger, more economically viable holdings. As a result, fewer young people have gone into this field and the farming work force has aged. Only 6 percent of all farmers had 3 years of tenure or less, while 57 percent had 20 years or more. Lack of employment growth also has contributed to high average tenure in many other occupations, including barbers, railroad conductors, clergy, and millwrights. In contrast, some occupations that would be expected to have high worker attachment have comparatively low average tenure because they have emerged in recent years and are growing very rapidly. Such occupations have a large proportion of young people with relatively little work experience. Computer programmers exemplify this type of occupation. About 45 percent of the programmers had 3 years of tenure or less, while only 7 percent had 20 years or more. Because of the impact of employment growth on average tenure, when analyzing a specific occu pation, it is important to know how the age distribution of its workers compares with that of other occupations. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 2. Median years of tenure in current occupation, by major occupational group and age, January 1987 Total, 16 and older Ages 16-2 4 Ages 2 5 -3 4 Ages 3 5 -4 4 Ages 4 5 -5 4 Ages 55 -6 4 Ages 65 and older Total, age 16 and older........... 6.6 1.9 5.4 10.0 14.3 18.2 20.6 Executive, administra tive, and managerial... 8.4 2.4 5.6 10.1 15.1 17.9 26.3 Professional speciality 9.6 2.0 5.7 12.0 18.2 25.6 36.2 Technicians and relat ed support............... 6.9 2.2 5.7 10.9 17.7 20.8 22.2 Sales occupations .... 5.1 1.7 4.7 7.7 10.5 15.5 21.6 Administrative support, including clerical..... 5.4 2.1 5.0 7.6 10.9 14.6 15.4 Service occupations... 4.1 1.7 4.4 6.9 9.0 10.6 10.4 Precision production, craft, and repair...... 9.3 2.6 7.1 13.5 19.9 25.7 30.1 5.5 1.7 4.6 9.1 13.7 18.1 14.7 10.4 2.9 7.9 13.5 20.7 30.5 39.8 Occupational group Operators, fabricators, and laborers........... Farming, forestry, and fishing..................... Sex, race, and ethnicity. Average occupational tenure was 7.9 years for men and 5.4 years for women. Although the difference in tenure by sex was not significant for young people, it increased steadily with age. Among workers ages 60 to 64, the average was 23.9 years for men, compared to only 14.5 years for women. Men had more tenure mainly because their labor force participation has been more continuous. Many women currently in the work force interrupted their careers for extended periods for home and family responsibilities and, moreover, some resumed work in a different career. At all but the youn gest ages, they were more likely than men to have recently entered their occupation. The lower tenure of women also may reflect their underrepresentation in the higher paying managerial, professional, and craft jobs. Men accounted for most of the employment in detailed occupations having the longest average tenure. They rep resented more than eight-tenths of the farm ers and barbers, for example, and more than nine-tenths of the clergy and railroad conductors. Women with the greatest tenure generally were those who had pursued traditional careers, such as elementary school teachers, registered nurses, licensed practical nurses, and hairdressers and cosmetologists. White men had greater tenure than other men, averag ing 8.3 years, compared to 5.8 years for blacks, and 5.1 years for Hispanics. White males were more likely to have lengthy tenure because they were older, and had higher labor force participation rates and lower unemployment rates. They also had better jobs than other men, who tended to be concentrated in lower paying jobs in the service group and the operator, fabricator, and laborer group. Black women, however, had more tenure than other women and about as much as black men. Histori cally, black women have been more likely than white 5 M ONTHLY LABOR REVIEW October 1988 • Occupational Tenure Table 3. Ranking of occupations by years of tenure in occupation and selected characteristics, January 1987 Occupation Total employed, Median January tenure 1987 (in years) (thou sands) Percent of employees, ages Percent of employees with 3 years or less tenure 4 -9 years tenure 10 -1 9 years tenure 20 or more years tenure Median age 1 6 -2 4 2 5 -3 4 3 5 -5 4 55 and older Total, age 16 and olde r................................. 109,090 6.6 36.5 26.0 22.9 14.6 35.8 18.5 29.4 39.1 13.1 Barbers.................................................................... Farmers, except horticultural................................... Railroad conductors and yardmasters..................... Clergy ...................................................................... Dentists.................................................................... Telephone line installers and repairers.................... Millwrights................................................................ Locomotive operating occupations.......................... Managers; farms, except horticultural..................... Telephone installers and repairers.......................... 88 1,019 53 347 149 52 101 72 132 235 24.8 21.1 18.4 15.8 15.7 15.0 14.8 14.8 14.4 14.3 14.5 6.3 7.5 14.4 9.3 8.9 17.3 7.4 9.3 13.2 9.4 16.9 3.1 16.5 16.2 27.9 14.2 14.1 22.1 25.7 10.9 20.0 48.8 29.3 32.8 46.7 40.9 46.8 29.6 42.2 65.2 56.8 40.6 39.8 41.7 16.4 27.6 31.7 39.0 19.0 49.5 50.1 44.3 44.8 43.2 36.6 43.2 39.3 39.4 38.0 6.0 4.4 .3 2.2 .5 5.8 5.3 .4 11.1 5.6 13.4 17.6 17.8 22.0 20.0 35.7 22.0 25.8 29.6 29.4 47.1 38.2 61.0 47.9 52.4 55.0 55.8 58.6 37.2 57.6 33.5 39.9 21.0 27.9 27.0 3.5 16.9 15.2 22.1 7.4 Airplane pilots and navigators.................................. Supervisors; police and detectives.......................... Grader, dozer, and scraper operators..................... Tailors...................................................................... Civil engineers.......................................................... Crane and tower operators...................................... Supervisors, n.e.c..................................................... Teachers, secondary school ................................... Teachers, elementary school .................................. Dental laboratory and medical appliance technicians........................................................... 86 76 75 51 237 97 500 1,182 1,412 14.0 13.8 13.3 13.3 13.0 12.9 12.9 12.5 12.4 3.0 9.2 13.6 24.6 17.8 10.8 12.2 14.9 14.3 29.6 20.7 17.2 12.4 19.7 26.2 24.0 22.3 24.3 28.1 43.8 39.0 24.1 28.9 31.9 33.8 39.4 41.3 39.3 26.4 30.2 38.9 33.5 31.2 29.9 23.4 20.1 41.6 42.1 41.4 44.2 38.8 41.6 39.1 39.8 39.0 1.3 .4 9.4 8.8 4.8 4.4 5.7 3.7 4.7 24.9 14.8 28.5 18.2 32.8 32.4 30.3 23.7 27.4 61.6 78.2 44.5 48.4 46.5 49.2 49.8 61.8 58.6 12.3 6.6 17.6 24.5 16.0 13.9 14.1 10.7 9.2 68 12.3 14.3 27.6 34.1 23.9 35.0 11.9 36.3 34.9 16.9 Separating, filtering, and clarifying machine operators.............................................................. Tool and die makers................................................ Lathe and turning machine operators....................... Machinists................................................................ Pharmacists.............................................................. Stationary engineers................................................ Mechanical engineers ............................................. Chemists, except biochemists................................. Inspectors, testers, and graders.............................. 59 151 77 453 141 93 288 134 103 12.1 12.0 11.9 11.9 11.8 11.7 11.4 11.1 11.0 15.1 17.8 32.8 17.2 17.9 17.0 21.9 14.5 24.5 27.3 16.0 11.3 23.9 25.8 24.7 23.7 29.1 23.4 41.0 30.6 25.7 32.2 31.2 31.2 24.2 25.8 29.5 16.5 35.6 30.2 26.6 25.1 27.0 30.2 30.7 22.6 37.1 39.8 34.1 36.9 38.1 41.5 39.2 37.7 36.5 9.0 8.2 13.4 12.4 5.7 4.4 6.8 6.8 13.0 33.7 28.4 40.2 32.6 36.4 29.0 33.1 34.1 32.1 48.6 41.1 34.8 41.0 42.6 46.2 45.0 46.0 43.8 8.8 22.3 11.7 14.1 15.3 20.4 15.1 13.2 11.1 Electricians............................................................... Operating engineers................................................ Radiologic technicians............................................. Electrical power installers and repairers .................. Supervisors; mechanics and repairers..................... Heavy equipment mechanics................................... Bus, truck, and stationary engine mechanics.......... Physicians................................................................ Construction inspectors........................................... Cabinet makers and bench carpenters.................... 656 173 127 100 241 158 310 516 66 56 11.0 11.0 10.9 10.8 10.7 10.7 10.7 10.7 10.7 10.6 17.4 10.6 17.3 17.7 19.6 16.4 21.5 20.5 17.7 17.6 24.5 28.6 28.8 26.4 25.7 30.2 25.0 26.7 23.3 22.8 36.8 31.9 30.9 24.9 30.7 31.6 29.7 25.4 41.2 38.1 21.3 28.8 22.9 30.9 24.1 21.8 23.9 27.4 17.7 21.5 36.1 38.7 32.1 37.5 42.1 36.9 35.3 40.3 43.3 34.6 12.8 7.9 13.6 7.3 2.9 9.7 15.1 .8 6.9 19.9 33.6 31.8 44.9 34.1 23.5 32.8 34.1 30.9 16.9 33.1 42.5 48.6 35.7 49.3 58.2 46.4 39.5 51.2 55.2 34.5 11.2 11.8 5.7 9.3 15.4 11.0 11.2 17.1 21.0 12.5 Industrial machinery repairers.................................. Automobile body and related repairers.................... Electrical and electronic engineers.......................... Plumbers, pipefitters, and steamfitters.................... Licensed practical nurses........................................ Brickmasons and stonemasons.............................. Truck drivers, heavy................................................. Tile setters, hard and soft........................................ Lawyers.................................................................... Supervisors; production occupations....................... 484 164 520 477 408 182 1,740 55 659 1,379 10.6 10.4 10.4 10.4 10.3 10.2 10.1 10.1 10.1 10.1 17.7 22.0 18.2 17.9 24.4 27.0 24.7 25.1 23.8 24.4 25.7 21.5 29.6 29.1 22.6 22.0 24.3 23.5 25.5 25.1 36.7 41.6 25.3 31.2 36.3 24.9 28.3 26.8 30.0 29.7 20.0 14.8 26.9 21.8 16.7 26.2 22.8 24.6 20.7 20.8 39.4 33.2 36.3 35.6 36.9 35.1 38.0 32.3 37.6 40.6 8.0 20.3 9.3 13.0 7.7 15.5 10.5 19.8 2.0 5.9 28.2 36.4 36.7 35.0 35.4 35.0 31.6 41.2 37.8 27.2 49.5 34.0 42.7 40.9 46.7 36.2 45.2 30.1 45.9 52.3 14.3 9.3 11.3 11.1 10.1 13.3 12.6 8.8 14.3 14.5 Administrators, education and related fields........... Engineers, n.e.c........................................................ Excavating and loading machine operators............. Firefighting occupations........................................... Aircraft engine mechanics....................................... Police and detectives, public service....................... Counselors, educational and vocational ................. Architects ................................................................ Structural metal workers......................................... Aerospace engineers.............................................. 544 269 113 167 125 474 196 99 51 109 10.1 10.0 10.0 10.0 10.0 9.7 9.7 9.6 9.6 9.6 22.9 19.8 22.8 17.2 19.1 21.8 24.1 12.8 20.5 22.8 26.7 30.0 27.2 32.9 31.0 29.0 27.7 39.4 33.9 28.3 35.3 25.5 34.2 38.0 17.6 34.6 33.2 18.5 25.5 10.3 15.1 24.6 15.8 11.9 32.3 14.6 14.9 29.3 20.1 38.7 43.5 39.4 36.3 33.7 42.0 35.6 40.5 36.1 35.2 43.1 3.6 6.0 11.1 8.8 7.6 7.0 6.4 7.6 11.2 6.2 16.6 30.3 35.9 46.7 25.2 41.0 21.1 38.2 40.0 28.7 63.6 46.8 40.7 39.5 55.2 48.5 59.8 39.0 41.7 45.2 16.2 16.9 12.2 5.0 12.0 3.5 12.6 15.1 7.2 19.9 Miscellaneous material moving equipment operators.............................................................. Dental hygienists...................................................... Automobile mechanics............................................ Registered nurses.................................................... Speech therapists.................................................... Binding and twisting machine operators .................. Managers and administrators, n.e.c.......................... Personnel and labor relations managers.................. Office machine repairers......................................... 62 58 933 1,538 60 64 6,562 125 74 9.4 9.4 9.3 9.3 9.3 9.3 9.1 9.0 9.0 23.1 11.1 26.6 20.7 22.3 30.0 25.0 16.4 18.2 31.6 45.6 24.6 31.5 36.3 23.3 27.3 35.1 40.1 34.2 37.4 26.7 28.0 34.8 33.4 27.4 32.1 21.4 11.1 5.9 22.1 19.8 6.6 13.4 20.4 16.3 20.3 35.5 30.2 32.1 36.5 33.2 38.1 40.0 40.3 33.6 14.7 20.7 22.3 6.8 5.9 12.9 7.4 4.7 14.2 34.5 48.5 36.8 38.4 54.8 28.5 26.9 23.5 43.0 41.9 29.7 31.7 44.7 37.0 43.2 49.9 59.1 38.1 8.9 1.2 9.2 10.0 2.3 15.4 15.8 12.7 4.8 See footnote at end of table. 6 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 3. Continued— Ranking of occupations by years of tenure in occupation and selected characteristics, January 1987 Occupation Electronic repairers, commercial and industrial equipment............................................................ Welders and cutters................................................. Punching and stamping press machine operators ... Sheet metal workers................................................ Administrators and officials, public administration......... Hairdressers and cosmetologists............................. Industrial engineers................................................. Librarians................................................................. Inspectors and compliance officers, except construction.......................................................... Upholsterers............................................................ Payroll and timekeeping clerks................................. Furnance, kiln, and oven operators, except food...... Surveying and mapping technicians........................ Chemical engineers................................................. Sheriffs, bailiffs, and other law enforcement officers................................................................. Total employed, Median January tenure 1987 (in years) (thou sands) Percent of employees, ages — Percent of employees with 3 years or less tenure 4 -9 years tenure 10-19 years tenure 20 or more years tenure Median age 16 -2 4 2 5 -3 4 3 5 -5 4 55 and older 189 566 139 119 498 723 213 217 9.0 9.0 9.0 8.9 8.9 8.9 8.9 8.8 24.4 28.2 33.9 26.3 24.8 30.3 24.5 28.9 27.4 23.3 19.5 26.0 28.0 21.6 29.0 27.9 26.1 30.0 28.1 30.2 31.3 24.3 24.6 29.1 22.1 18.6 18.4 17.6 15.9 23.8 21.9 14.2 35.1 34.9 36.2 35.0 43.0 35.5 39.2 42.2 16.3 13.8 13.7 16.1 2.6 21.7 6.0 8.1 33.8 36.7 31.6 34.8 19.2 26.6 32.0 17.6 39.3 40.9 45.1 38.4 58.9 41.5 46.7 53.8 10.7 8.6 9.6 10.6 19.3 10.3 15.2 20.5 159 95 137 97 57 74 8.8 8.6 8.6 8.6 8.6 8.6 31.0 38.7 24.3 28.8 23.7 25.6 27.0 12.1 28.0 31.8 31.7 28.6 30.7 17.8 25.4 24.4 25.1 22.2 11.3 31.4 22.3 14.9 19.4 23.6 40.9 38.1 38.1 37.6 34.0 33.9 4.0 15.9 12.2 12.6 20.0 9.3 24.9 27.1 28.5 30.3 31.5 45.8 52.9 36.9 40.7 40.7 41.8 30.2 18.2 20.0 18.5 16.3 6.8 14.7 119 8.6 31.0 25.4 32.7 10.9 36.8 4.7 36.1 42.1 17.1 67 8.6 35.7 26.4 18.4 19.4 32.6 19.6 37.2 36.5 6.8 1,354 465 446 57 75 438 169 8.6 8.6 8.5 8.5 8.5 8.4 8.4 26.9 23.9 31.4 30.5 24.2 19.2 23.2 29.4 33.5 24.7 24.3 37.7 37.9 36.6 27.2 24.0 27.2 31.7 22.5 28.7 28.1 16.6 18.6 16.7 13.5 15.6 14.2 12.1 37.6 39.3 36.7 38.2 34.7 37.6 40.3 9.5 6.7 15.8 9.8 19.1 4.8 3.1 32.8 28.4 29.2 30.9 32.1 35.4 24.1 43.8 51.7 40.5 36.3 39.2 48.7 59.4 13.9 13.2 14.5 23.0 9.7 11.1 13.3 Teachers; special education.................................... Statistical clerks....................................................... Designers................................................................ Water and sewage treatment plant operators.......... Printing machine operators...................................... Heating, air conditioning, and refrigeration mechanics............................................................ Supervisors; distribution, scheduling, and adjusting clerks..................................................... 225 93 549 52 306 8.4 8.3 8.3 8.3 8.2 26.2 29.2 31.9 28.3 33.3 31.6 34.4 24.4 41.7 25.3 33.8 24.7 25.9 23.8 16.0 8.3 11.7 17.8 6.2 25.5 36.4 37.5 35.4 35.5 33.0 6.2 15.5 12.1 9.4 22.0 38.2 27.8 36.2 42.1 33.3 46.5 40.3 40.8 35.2 34.3 9.1 16.4 10.9 13.3 10.5 269 8.1 29.5 29.4 22.5 18.6 34.8 17.6 34.0 39.0 9.3 164 8.1 28.0 25.5 26.9 19.7 38.4 6.4 31.5 48.0 14.1 Insurance sales occupations................................... Carpenters............................................................... Public transportation attendants.............................. Drafting occupations................................................ Butchers and meatcutters........................................ Miscellaneous electrical and electronic equipment repairers............................................. Dressmakers ........................................................... Musicians and composers....................................... Supervisors and proprietors; sales occupations...... 591 1,222 81 281 275 8.1 8.0 8.0 8.0 8.0 31.0 29.7 45.5 28.8 29.7 25.8 26.7 13.2 29.9 29.0 22.1 26.6 30.0 19.1 18.9 21.0 17.0 11.3 22.2 22.5 39.7 32.7 33.7 32.5 35.2 7.9 20.6 12.3 20.4 21.0 27.1 36.9 42.8 35.6 29.0 49.4 31.9 42.7 31.8 36.1 15.6 10.6 2.2 12.2 13.9 82 94 187 3,539 7.9 7.9 7.9 7.9 26.0 35.1 21.9 30.3 28.6 17.2 29.5 26.8 26.4 18.0 18.0 25.0 19.0 29.7 30.6 17.8 37.1 47.9 33.7 38.3 9.3 6.4 15.7 10.3 34.8 15.7 40.3 29.7 41.6 40.5 29.3 44.2 14.3 37.4 14.7 15.7 Painters, sculptors, craft-artists, and artist printmakers................................................. Mechanics and repairers, not specified................... Engineering technicians, n.e.c.................................. Clinical laboratory technologists and technicians .... Purchasing managers.............................................. Purchasing agents and buyers, n.e.c........................ Photographers ......................................................... Chemical technicians.............................................. Managers; properties and real estate....................... 195 187 205 272 130 225 127 86 413 7.9 7.7 7.7 7.7 7.7 7.7 7.6 7.6 7.6 32.3 25.0 28.2 29.9 20.4 30.3 26.7 33.8 28.5 24.6 37.0 30.5 32.6 33.7 31.2 26.4 24.3 30.2 30.7 25.0 29.5 29.2 27.2 27.3 26.2 18.3 25.3 12.4 13.1 11.7 8.3 18.7 11.3 20.7 23.6 16.0 36.4 37.3 34.7 32.4 39.8 38.6 35.2 36.1 42.8 9.7 11.6 15.0 12.8 4.2 8.3 19.3 14.9 7.3 36.5 31.7 36.5 47.0 26.4 31.0 30.1 31.7 24.8 39.9 40.5 37.7 34.9 56.2 47.5 37.4 44.0 42.5 13.9 16.2 10.8 5.3 13.2 13.3 13.1 9.5 25.4 Accountants and auditors........................................ Religious workers, n.e.c............................................ Secretaries............................................................... Social workers.......................................................... Operations and systems researchers and analysts................................................................ Postal clerks, except mail carriers............................ Managers; marketing, advertising, and public relations..................................................... 1,317 77 3,897 496 7.6 7.6 7.5 7.5 29.6 39.7 30.5 28.8 28.7 23.7 29.3 32.8 22.9 23.7 26.5 31.7 18.7 12.8 13.7 6.6 35.0 42.5 36.1 37.3 12.4 7.4 18.5 7.1 37.9 24.1 28.5 34.6 38.6 45.1 41.4 48.9 11.1 23.4 11.6 9.4 215 286 7.4 7.4 26.6 32.5 34.4 29.2 24.7 26.3 14.3 12.0 37.5 37.2 5.3 7.3 35.3 33.7 52.2 46.8 7.2 12.2 417 7.3 28.8 36.3 23.2 11.7 37.9 5.3 33.7 50.3 10.6 Farm workers........................................................... Managers; medicine and health .............................. Data processing equipment repairers...................... Bookkeepers, accounting and auditing clerks.......... Grinding, abrading, buffing, and polishing machine operators................................................ Management related occupations, n.e.c................... Supervisors; cleaning and building service workers..................................................... 703 130 122 2,110 7.3 7.2 7.2 7.1 33.5 23.5 18.7 33.7 27.5 35.3 49.9 26.5 23.8 26.3 10.0 22.9 15.2 14.8 21.4 16.9 30.0 39.4 33.0 38.9 35.5 2.6 16.5 13.4 25.0 30.4 42.0 26.8 26.1 54.7 38.5 41.5 13.4 12.4 3.0 18.3 138 277 7.0 7.0 34.0 28.4 30.0 31.8 22.5 27.8 13.5 12.1 36.5 36.1 14.7 11.2 31.6 35.6 39.5 41.8 14.2 11.5 152 7.0 29.0 27.1 29.5 14.3 44.2 5.5 20.0 52.3 22.2 Concrete and terrazzo finishers............................... Sales representatives, mining, manufacturing, and wholesale...................................................... Supervisors; general o ffic e ...................................... Specified mechanics and repairers, n.e.c................. Stenographers......................................................... Typesetters and compositors.................................. Financial managers................................................. Psychologists........................................................... See footnote at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7 M ONTHLY LABOR REVIEW October 1988 • Occupational Tenure Table 3. Continued— Ranking of occupations by years of tenure in occupation and selected characteristics, January 1987 Occupation Total employed, Median January tenure 1987 (in years) (thou sands) Percent of employees, ages Percent of employees with 3 years or less tenure 4 -9 years tenure 10 -1 9 years tenure 20 or more years tenure Median age 16 -2 4 25 -3 4 35 -5 4 55 and older Management analysts............................................. Science technicians, n.e.c........................................ Mall carriers, postal service...................................... Knitting, looping, taping, and weaving machine operators................................................ Electrical and electronic technicians........................ Painting and paint spraying machine operators........ Postsecondary teachers, subject not specified........ Crossing guards....................................................... 218 79 284 7.0 7.0 7.0 30.5 29.7 34.6 28.0 30.7 25.9 22.5 29.2 27.1 19.0 10.3 12.4 42.2 32.4 38.7 5.0 20.4 6.4 24.7 39.0 31.2 47.5 33.9 46.5 22.8 6.8 15.9 54 294 185 192 67 6.9 6.9 6.9 6.8 6.8 34.3 33.7 38.5 35.5 37.2 18.2 26.6 26.8 29.3 28.2 35.8 25.7 22.3 23.7 28.9 11.8 14.0 12.4 11.5 5.7 37.2 32.9 32.5 38.5 51.5 14.8 15.9 25.3 11.6 2.6 29.1 39.5 33.6 29.0 10.8 48.8 36.7 32.8 43.5 39.1 7.2 8.0 8.2 15.9 47.5 Inhalation therapists................................................. Carpet installers....................................................... Computer systems analysts and scientists.............. Other financial officers............................................. Industrial truck and tractor equipment operators..... Textile sewing machine operators............................ Correctional institution officers................................. Teachers, prekindergarten and kindergarten........... Supervisors; financial records processing............... 78 123 433 594 402 740 190 418 89 6.7 6.7 6.6 6.6 6.6 6.6 6.5 6.4 6.4 17.4 38.1 31.5 32.0 33.0 35.5 37.4 36.5 26.7 50.3 21.9 33.9 31.9 27.6 27.9 29.0 27.3 43.5 30.4 20.7 25.8 25.0 29.6 23.1 24.5 28.0 27.8 2.0 19.2 8.9 11.2 9.8 13.5 9.1 8.1 2.0 32.4 30.3 34.9 36.8 33.9 37.8 33.8 35.9 40.0 8.1 24.5 9.6 8.3 18.8 12.3 12.1 13.4 4.8 55.3 44.6 41.1 34,8 35.5 29.8 42.8 34.1 32.0 35.5 24.4 45.6 45.6 38.3 43.4 36.1 46.2 48.3 1.1 6.5 3.7 11.4 7.4 14.4 9.0 6.3 14.9 Miscellaneous textile machine operators................ Production inspectors, checkers, and examiners..... Actors and directors................................................. Health technologists and technicians, n.e.c............. Miscellaneous machine operators, n.e.c.................. Private household cleaners and servants................ Buyers, wholesale and retail trade, excluding farm products....................................................... Real estate sales occupations................................. 69 632 87 186 927 481 6.4 6.3 6.3 6.3 6.2 6.2 33.9 38.5 30.3 40.0 42.0 40.0 31.0 25.1 30.4 28.7 22.0 20.4 26.2 25.2 25.8 23.4 26.5 22.9 8.8 11.2 13.5 7.9 9.4 16.7 31.7 39.3 33.2 31.3 36.0 45.9 22.7 10.1 13.6 22.3 14.9 11.5 34.9 27.8 44.8 43.2 32.8 16.1 30.0 46.2 35.2 29.9 41.6 41.8 12.4 15.8 6.4 4.7 10.6 30.7 205 726 6.0 6.0 40.4 37.4 20.5 27.1 23.8 24.8 15.3 10.7 35.7 43.5 10.1 4.3 38.2 21.4 39.0 50.6 12.7 23.7 Electrical and electronic equipment assemblers ..... Bus drivers............................................................... Editors and reporters................................................ Laundering and dry cleaning machine operators.............................................................. Meter readers.......................................................... Painters, construction and maintenance.................. Driver-sales workers................................................ Teachers, n.e.c......................................................... 377 421 228 6.0 6.0 6.0 40.1 37.5 36.8 27.2 27.0 28.0 24.6 25.5 21.0 8.1 10.0 14.2 34.9 41.6 33.6 18.5 7.6 14.0 31.1 23.7 40.8 39.5 49.4 33.5 10.8 19.2 11.7 184 50 440 300 475 6.0 5.9 5.9 5.9 5.9 45.3 42.2 37.3 34.1 36.1 19.6 23.4 28.9 30.7 28.5 20.9 28.0 21.3 19.6 18.3 14.1 6.4 12.5 15.5 17.0 39.1 32.3 32.5 34.4 36.8 18.6 20.6 23.3 13.7 15.1 25.8 38.5 33.3 38.3 29.2 33.4 31.4 33.3 39.0 39.7 22.2 9.5 10.1 9.0 16.0 Order clerks.............................................................. Physicians' assistants............................................. Billing clerks............................................................ Drywall installers...................................................... Construction trades, n.e.c......................................... Telephone operators................................................ Authors.................................................................... Nursing aides, orderlies, and attendants.................. Dental assistants..................................................... Timber cutting and logging occupations................... 257 79 145 154 196 232 100 1,283 185 65 5.8 5.8 5.8 5.7 5.7 5.7 5.6 5.6 5.6 5.5 35.9 28.0 40.3 39.4 41.7 41.8 36.1 41.0 36.3 40.1 33.6 52.4 32.6 21.9 26.1 25.4 24.4 28.9 35.8 19.5 24.2 17.4 18.1 21.2 16.7 25.6 17.0 23.3 19.0 16.8 6.3 2.2 9.0 17.6 15.5 7.2 22.5 6.8 8.9 23.6 34.0 31.3 34.6 30.1 31.9 35.8 42.5 36.5 28.0 35.5 15.3 14.2 20.4 24.5 28.7 18.8 2.3 19.3 35.0 21.8 38.6 53.9 31.1 43.4 29.0 28.6 19.1 27.0 39.9 28.6 37.1 28.4 37.9 28.7 30.7 37.8 52.9 39.8 22.4 39.1 9.0 3.5 10.6 3.4 11.5 14.9 25.7 13.9 2.8 10.5 Molding and casting machine operators.................. Miscellaneous hand-working occupations............... Production coordinators........................................... Public relations specialists....................................... Personnel clerks, except payroll and timekeeping....... Assemblers.............................................................. Securities and financial services sales occupations.......................................................... Salesworkers, furniture and home furnishings......... 95 78 195 120 63 1,033 5.5 5.5 5.5 5.5 5.4 5.4 46.3 39.2 35.1 36.5 44.7 43.6 22.3 24.8 ■ 31.3 24.2 26.5 23.6 19.0 30.1 25.1 31.5 15.3 21.8 12.4 5.9 8.5 7.9 13.5 10.9 34.3 36.4 36.6 37.8 37.7 34.6 18.6 20.9 8.4 11.0 14.3 19.0 33.6 26.4 35.2 28.3 28.3 32.7 37.4 34.1 46.8 47.8 40.6 37.2 10.4 18.6 9.6 12.8 16.8 11.1 354 194 5.4 5.4 36.2 42.2 35.4 21.9 20.2 19.1 8.2 16.8 35.5 38.1 9.3 18.0 38.7 25.1 40.3 39.0 11.6 17.9 Insurance adjusters, examiners, and investigators......................................................... Pressing machine operators.................................... Roofers.................................................................... Graders and sorters, except agricultural.................. Supervisors; related agricultural occupations.......... Typists..................................................................... Supervisors; motor vehicle operators....................... Personnel, training, and labor relations specialists... 237 126 143 105 72 829 68 323 5.3 5.3 5.3 5.3 5.2 5.2 5.2 5.2 42.3 45.8 36.4 45.6 34.9 43.0 44.0 42.9 34.6 25.8 29.8 24.0 26.0 29.1 36.1 34.0 12.5 15.3 16.4 23.5 21.0 18.8 7.4 17.6 10.6 13.2 17.4 6.9 18.1 9.2 12.5 5.5 32.9 37.3 28.9 33.6 31.6 32.8 36.2 38.2 17.7 19.2 30.1 22.6 25.7 25.6 17.8 6.9 38.1 26.0 37.0 33.0 33.2 30.2 29.9 31.8 33.9 40.0 28.1 34.5 30.8 34.2 40.0 49.7 10.3 14.8 4.7 9.9 10.4 10.0 12.3 11.6 Legal assistants....................................................... Physical therapists.................................................... Advertising and related sales occupations .............. Records clerks......................................................... Economists.............................................................. Technicians, n.e.c..................................................... Expediters................................................................ Sales occupations, other business services............. Computer operators................................................. 191 76 153 149 104 252 118 505 859 5.2 5.2 5.1 5.1 5.1 5.0 5.0 4.9 4.8 44.0 46.4 38.4 42.6 42.2 42.5 36.5 43.7 44.3 28.6 33.4 30.9 32.0 32.9 33.4 29.5 31.3 31.7 17.3 15.1 20.5 20.4 18.1 10.2 23.6 16.4 18.4 10.1 5.2 10.1 5.0 6.7 13.9 10.4 8.5 5.5 31.5 33.2 33.2 35.7 36.0 33.8 34.9 34.8 31.3 21.3 11.4 15.5 19.9 9.6 16.7 21.2 18.8 26.8 38.9 45.2 40.3 28.4 38.8 37.6 28.1 32.0 33.9 34.5 39.3 32.5 35.8 42.8 36.6 35.6 38.8 33.2 5.4 4.2 11.6 16.0 8.8 9.1 15.1 10.4 6.1 See footnote at end of table. 8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 3. Continued— Ranking of occupations by years of tenure in occupation and selected characteristics, January 1987 Occupation Total employed, Median January tenure 1987 (in years) (thou sands) Percent of employees, ages — Percent of employees with 3 years or less tenure 4 -9 years tenure 10-19 years tenure 20 or more years tenure Median age 16-2 4 2 5 -3 4 3 5 -5 4 55 and older Computer programmers........................................... Investigators and adjusters, except insurance......... Underwriters............................................................ Salesworkers, parts................................................. Artists, performers, and related workers, n.e.c......... Teachers' aides....................................................... Maids and housemen.............................................. Sawing machine operators ...................................... Machine operators, not specified............................. 471 461 86 183 89 429 617 74 325 4.8 4.8 4.8 4.8 4.8 4.6 4.6 4.6 4.5 45.2 45.3 45.2 43.3 42.3 46.9 46.7 44.6 46.9 33.5 25.4 28.0 29.4 26.4 25.4 27.4 21.4 26.6 14.2 23.1 19.7 18.3 25.0 25.2 17.4 22.0 17.8 7.1 6.2 7.0 8.9 6.3 2.5 8.5 12.0 8.6 30.8 33.2 31.8 29.1 35.1 39.4 38.2 31.3 34.9 20.9 20.6 9.4 31.6 17.8 12.9 16.3 22.9 18.3 45.2 34.7 54.0 36.2 32.4 20.7 27.3 34.8 32.1 31.2 37.0 30.5 23.9 39.4 54.4 38.9 30.8 38.9 2.7 7.7 6.1 8.3 10.4 11.9 17.5 11.5 10.8 Weighers, measurers, and checkers........................ Traffic, shipping, and receiving clerks..................... Salesworkers, hardware and building supplies......... Biological technicians.............................................. Athletes.................................................................... Bill and account collectors....................................... Taxicab drivers and chauffeurs............................... Slicing and cutting machine operators..................... Administrative support occupations, n.e.c................ 53 466 204 64 68 103 186 161 939 4.5 4.5 4.5 4.4 4.4 4.4 4.4 4.3 4.3 47.6 46.9 46.8 45.6 48.4 45.8 48.1 48.6 48.2 17.5 28.7 23.2 35.0 14.8 32.8 26.2 26.2 28.3 17.4 18.5 21.0 4.6 27.4 12.4 18.7 16.9 16.2 17.5 5.9 8.9 14.9 9.4 9.0 7.1 8.3 7.3 37.0 32.3 32.7 33.8 29.3 33.8 38.2 34.0 35.5 21.6 23.6 27.6 19.5 36.9 16.3 13.8 23.3 18.3 23.4 33.6 30.3 35.7 33.3 37.2 29.8 29.4 30.2 39.6 32.5 23.5 34.8 22.7 34.3 35.4 33.5 38.8 15.4 10.3 18.6 10.0 7.1 12.2 21.0 13.9 12.6 Mixing and blending machine operators................... Waiters and waitresses............................................ Janitors and cleaners............................................... Production helpers.................................................. General office clerks................................................ Machine feeders and offbearers.............................. Interviewers.............................................................. Bartenders............................................................... Eligibility clerks, social welfare................................. Bank tellers.............................................................. 97 1,303 2,073 54 695 100 142 354 58 450 4.3 4.2 4.2 4.1 4.0 3.9 3.9 3.9 3.9 3.8 49.1 48.3 48.8 49.1 49.9 50.7 50.3 50.8 51.4 52.1 23.2 30.3 25.7 30.8 21.0 24.0 29.8 27.4 10.6 28.2 20.2 15.8 17.8 18.2 17.4 19.6 16.1 15.8 24.6 15.7 7.4 5.5 7.8 1.9 11.7 5.7 3.8 6.1 13.5 3.9 33.5 25.9 38.5 29.0 35.1 31.9 34.3 32.1 38.4 28.4 19.9 46.0 21.4 38.2 24.4 23.9 23.9 22.2 8.7 35.4 35.7 28.9 21.8 28.6 25.4 35.3 28.2 36.5 23.5 30.6 35.8 19.7 34.8 24.5 35.7 31.8 36.6 33.0 55.9 28.5 8.5 5.3 22.0 8.7 14.4 8.9 11.3 8.3 11.9 5.5 Cooks, except short-order....................................... Health aides, except nursing................................... Laborers, except construction.................................. Welfare service aides.............................................. Salesworkers, motor vehicles and boats................. Cost and rate clerks................................................. Construction laborers.............................................. Stock and inventory clerks....................................... Groundskeepers and gardeners, except farm.......... 1,596 388 1,161 116 346 94 616 628 425 3.8 3.7 3.7 3.7 3.7 3.6 3.6 3.6 3.6 51.7 53.2 52.2 55.7 52.7 52.8 52.7 54.0 54.4 24.3 24.9 22.2 33.5 22.3 30.2 22.5 20.5 22.8 17.0 14.4 17.8 9.5 11.6 10.6 15.5 16.1 14.8 6.9 7.4 7.8 1.3 13.4 6.4 9.2 9.5 8.0 29.3 32.3 31.3 44.6 36.5 35.8 29.3 34.1 29.6 39.7 25.5 28.3 12.1 15.8 22.0 34.6 22.8 36.6 21.5 31.8 31.5 15.5 29.4 26.5 30.5 29.7 25.0 26.2 34.2 29.4 44.6 39.8 40.2 26.6 36.2 22.8 12.7 8.6 10.7 27.8 15.0 11.3 8.3 11.3 15.6 Hand packers and packagers.................................. Transportation ticket and reservation agents.......... Animal caretakers, except farm............................... Photographic process machine operators............... Freight, stock, and material movers, hand, n.e.c...... Data-entry keyers..................................................... Bakers..................................................................... Dispatchers.............................................................. Guards and police, except public service................ 299 109 88 101 636 323 111 207 623 3.5 3.5 3.5 3.5 3.4 3.4 3.4 3.3 3.3 54.7 55.9 53.7 55.6 56.4 56.8 55.9 57.1 55.7 21.3 26.2 19.6 22.7 19.8 20.9 18.7 29.6 25.5 16.8 6.4 20.6 15.4 15.2 19.1 16.7 10.2 13.3 7.2 11.6 6.1 6.4 8.6 3.2 8.7 3.1 5.5 33.0 33.5 29.5 30.3 28.9 31.7 33.1 34.0 38.6 25.3 18.1 35.6 30.8 34.4 25.5 26.6 18.1 19.8 29.1 35.5 27.6 38.0 32.3 32.7 29.0 35.3 24.1 34.4 39.0 26.7 21.8 26.6 35.3 32.1 34.7 32.0 11.2 7.4 10.1 9.3 6.8 6.4 12.2 11.9 24.1 Packaging and filling machine operators.................. Receptionists........................................................... Library clerks........................................................... Truckdrivers, light..................................................... Salesworkers, radio, television, hi-fi, and appliances............................................................ Salesworkers, apparel............................................. Sales counter clerks................................................ Salesworkers, other commodities............................ 339 766 150 674 3.3 3.3 3.3 3.2 55.9 58.2 58.0 56.0 19.4 25.3 21.5 20.4 15.8 12.5 18.3 14.2 8.9 4.1 2.2 9.5 35.0 31.4 28.9 30.2 21.7 32.5 43.4 31.1 28.6 25.4 16.2 32.8 38.7 29.9 27.3 25.5 11.0 12.3 13.2 10.6 170 390 207 1,484 3.2 3.1 3.1 3.1 57.7 56.1 62.3 57.1 19.5 24.9 26.9 21.6 15.4 9.4 6.7 13.3 7.4 9.6 4.2 8.0 30.1 27.2 29.7 31.6 32.6 45.6 38.5 36.4 31.1 14.2 20.3 20.0 28.4 22.0 26.3 26.8 7.9 18.2 15.0 17.0 Small engine repairers............................................. Supervisors, food preparation and service occupations............................................. Health record technologists and technicians........... Helpers, construction trades.................................... Attendants, amusement and recreation facilities..... Street and door-to-door salesworkers..................... Child-care workers, private household .................... Child-care workers, except private household......... 53 3.1 58.3 11.3 22.0 8.4 32.4 24.1 33.4 30.7 11.8 315 53 141 114 270 422 779 3.0 2.9 2.9 2.8 2.7 2.7 2.7 56.8 51.3 58.5 63.9 59.9 67.3 62.1 23.8 20.3 27.6 17.5 20.6 24.8 25.6 12.1 11.0 7.9 15.1 12.7 3.9 10.2 7.3 17.4 6.0 3.6 6.8 4.0 2.0 28.8 35.3 24.9 26.9 35.8 21.9 34.2 39.6 18.5 51.1 46.4 18.5 59.2 19.4 24.0 28.3 27.1 22.0 29.6 15.2 33.8 27.8 38.6 17.5 22.6 35.7 15.1 34.2 8.6 14.6 4.2 9.0 16.2 10.5 12.6 Information clerks, n.e.c........................................... Hotel clerks.............................................................. Personal service occupations, n.e.c......................... Salesworkers, shoes................................................ Garage and service station related occupations ..... Short-order cooks.................................................... File clerks................................................................ Cashiers................................................................... Mail clerks, except postal service............................ 257 78 83 102 246 104 289 2,123 181 2.7 2.7 2.7 2.6 2.6 2.5 2.5 2.4 2.3 62.3 57.1 63.1 72.8 68.2 60.2 66.7 65.9 67.0 20.0 29.0 22.0 9.9 15.6 24.1 17.3 19.8 13.1 7.6 8.2 11.8 13.7 11.9 11.5 13.4 11.3 15.5 10.1 5.7 3.0 3.6 4.4 4.2 2.6 3.0 4.4 33.6 27.7 33.8 22.3 23.8 20.9 28.5 24.4 29.8 29.9 36.6 35.2 62.4 54.1 63.9 40.4 52.2 32.7 23.2 28.8 17.8 13.6 17.6 17.6 23.4 20.5 28.5 33.1 23.8 26.1 12.4 17.9 14.6 24.1 20.1 25.8 13.8 10.8 20.9 11.7 10.3 3.9 12.1 7.2 13.0 See footnote at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9 M ONTHLY LABOR REVIEW October 1988 • Occupational Tenure Table 3. Continued— Ranking of occupations by years of tenure in occupation and selected characteristics, January 1987 Occupation Miscellaneous food preparation occupations.......... News vendors.......................................................... Vehicle washers and equipment cleaners............... Messengers.............................................................. Kitchen workers, food preparation.......................... Stock handlers and baggers.................................... Walters' and waitresses' assistants......................... Food counter, fountain, and related occupations..... n.e.c. = Total employed, Median January tenure 1987 (in years) (thou sands) 653 101 232 149 107 933 323 310 2.3 2.3 2.3 2.3 2.1 1.9 1.7 1.5 3 years or less tenure 4 -9 years tenure 10 -1 9 years tenure 65.3 67.9 69.2 69.1 72.3 71.4 79.1 88.1 20.8 30.0 18.0 18.6 13.7 16.7 13.6 7.7 10.6 2.1 7.0 10.4 11.1 7.2 5.0 3.4 20 or more years tenure 3.4 .0 5.8 1.8 2.9 4.7 2.4 .8 Median age 29.5 26.4 26.7 30.3 27.2 21.1 20.3 18.8 1 6 -2 4 2 5 -3 4 3 5 -5 4 55 and older 42.2 46.3 43.1 35.6 43.6 67.5 68.9 80.7 17.0 23.9 27.3 25.3 21.2 16.6 13.7 9.6 26.5 19.8 22.4 23.4 24.8 11.3 10.8 6.9 14.2 10.0 7.3 15.8 10.3 4.6 6.6 2.8 not elsewhere classified. women to head families without husbands and, thus, have had a greater need for employment. Moreover, black wives were more likely than white wives to continue working after having children, compelled, in part, by the relatively greater labor force difficulties of black hus bands, compared with white husbands.2 Full- and part-time workers. Average occupational ten ure was 7.2 years for the 93.7 million full-time workers in January 1987, compared to only 3.1 years for the 15.4 million part-time workers.3 Many part-time workers do not have a strong attachment to their occupation and are more likely than others to change jobs, become unem ployed, or leave the labor force, thereby slowing their accumulation of experience in any particular occupation. A lm ost seven-tenths of all p art-tim e w orkers were women, many of whom were employed in administrative support occupations. Some mothers prefer shorter hours or fewer workdays per week which allows them to sched ule their jobs around family responsibilities. Almost 23 percent of the part-time workers were teenagers, com pared with less than 3 percent of the full-time workers. Retail sales and food service occupations are m ajor sources of jobs for teenagers who are in school and want to work part time. Differences in the age distribution and gender of parttim e workers affected tenure. Interestingly, men in part-time jobs had higher tenure than women at most ages, but their overall average was lower because a dispro portionately large number were young; relatively few were of prime working age (25 to 54). More than one-half of the men in part-time jobs were under 25 years of age, compared with less than one-third of the women. Men in part-time jobs also were more likely to be older work ers— 15 percent were age 65 and older, compared with about 6 percent of the women. Many older part-tim e workers had lengthy tenure. About 35 percent of those ages 60 to 64 and 45 percent of those ages 65 to 69 had at least 20 years of tenure in their 10 Percent of employees, ages — Percent of employees with — https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis current occupation. Many of these workers probably accu mulated the bulk of the years while previously employed full time in that occupation, and then decided to reduce their hours or days of work, rather than retire altogether. Education and training. The strength of a person’s at tachment to a specific occupation usually is dependant on his or her investment in it in terms of education and training. The greater the investment, the more likely a person will remain in the occupation, because starting another career can result in loss of earnings and related benefits. An additional investment in training may also be required to change careers. Therefore, tenure tends to be lengthy for individuals in occupations th a t require lengthy education, such as physicians, lawyers, engineers, and teachers. Similarly, tenure tends to be long for work ers in skilled crafts that require several years of on-the-job or apprenticeship training, such as machinists, electri cians, and plum bers. Some occupations that can be entered without specialized education and training also have long tenure, including police and firefighters, whose job attachment is influenced by liberal retirement benefits. Among workers under age 35, individuals who had been in their current occupation the longest usually were not those with the most education. In fact, young college graduates frequently had less tenure than their high school classmates who entered the work force earlier. However, tenure for college educated workers was greater than for other workers at age 35 and over, and increased directly with the years of college completed. At ages 55 to 59, for example, average tenure was 22.3 years for work ers with 5 or more years of college, 20.6 years for those with 4 years of college, and 16.6 years for those with 1 to 3 years. (See table 4.) As a group, workers with no more than 8 years of (elementary) school had high average ten ure because a disproportionate number of them were older workers, but at most age levels, they had somewhat less tenure than individuals who attended or completed high school. Self-employment. Average occupational tenure was 10.6 years for self-employed individuals and 6.2 years for wage and salary workers. The self-employed generally have greater flexibility in adjusting their work schedules to suit their needs and, thus, are more likely than others to continue working beyond customary retirement age. More than 8 percent of them were age 65 and older, compared to only 2 percent of the wage and salary work ers. Self-employment was prevalent in many occupations having the greatest tenure, including dentist, farmer, and barber. Working beyond age 65, however, also contrib uted to the high average tenure in some jobs having relatively few self-employed people, such as clergy and farm managers. Earnings. c p s data on earnings for wage and salary workers who usually work full time indicate that occupa tions with high earnings have longer tenure than those with low earnings.4 Average (median) weekly earnings of workers in more than one-half of the occupations in table 3 were greater than the $358 total for all wage and salary employees who usually worked full time in 1986. In almost four-fifths (112) of these occupations, average ten ure also was greater than the 6.6-year total for all workers in January 1987. Similarly, about four-fifths of the occu pations with less than average earnings had less than average tenure. The wage and salary workers with the greatest earnings were concentrated in professional speciality and manage rial occupations. People usually enter professional specialty occupations soon after college and many remain in their chosen field until retirement, particularly if they have advanced degrees or highly specialized education. Almost seven-tenths of the workers in the professional specialty group who were ages 45 to 54 had been in their occupation 20 years or more, and the proportion was about nine-tenths among physicians and lawyers. How Table 4. Median years of tenure in current occupation by years of school completed and age, January 1987 Years of school completed Total Total Ages Ages Ages Ages Ages Ages Ages Ages Ages Age age 65 40 50 55 60 30 35 45 employed 16 25 16 to to and to to to to to to (in thou to and 64 older 44 49 54 59 24 29 34 39 sands) older 6.6 1.9 4.4 6.9 9.0 10.7 13.3 15.2 17.7 19.4 20.6 5,633 8.9 1.7 12,050 43,827 4.2 6.4 1.4 4.3 5.7 7.5 10.0 12.7 15.1 17.7 16.8 20.2 2.1 5.0 7.2 8.5 10.4 12.2 14.0 16.0 17.1 18.1 22,669 14,679 6.0 6.8 2.2 4.6 7.3 9.3 10.6 12.9 15.4 16.6 20.7 21.8 1.9 4.0 6.9 9.7 10.8 13.8 16.6 20.6 22.2 25.4 Total... 109,090 Elementary 8 years or less...... 3.6 5.2 7.2 8.5 11.0 14.5 17.2 15.5 18.4 High school 1 to 3 years.... 4 years ... College 1 to 3 years.... 4 years ... 5 years or more .... 10,231 10.1 2.1 3.4 6.4 10.2 13.1 16.5 18.6 22.3 25.2 33.8 ever, many managerial workers have been promoted into their occupations after years of working in other jobs and, thus, have not had time to accumulate much tenure. Nev ertheless, almost one-half of the managerial workers ages 55 to 64 had been in their jobs 20 years or more. A large proportion of the wage and salary workers with the lowest earnings were in food preparation and service occupations and in retail sales jobs such as cashier and counter clerk. Many others were child-care workers, stock handlers and baggers, and garage and service sta tion workers. The occupations with the lowest earnings usually can be entered by individuals who have little, if any, previous training or work experience, and who want a job as an immediate source of income rather than a long-term career commitment. Consequently, large num bers of people enter these jobs but few stay very long. For example, 88 percent of the food counter and fountain workers had 3 years of tenure or less, while only 1 percent had 20 years or more. Table 5. Percent distribution of workers by years of tenure in current occupation and years of tenure with current employer, January 1987 Tenure with current employer Total employed Tenure in current occupation Number (in thousands) Percent Less than 2 years 2 years 3 years 4 -5 years 6 -9 years 10-1 4 years 15-1 9 years 2 0 -2 4 years 25 years or more Total, age 16 and older............................................. 109,090 Less than 2 years............................................... 21,022 10,404 2 years............................................................... 3 years............................................................... 8,361 11,831 4 -5 years.......................................................... 16,598 6 -9 years.......................................................... 100.0 100.0 100.0 100.0 100.0 100.0 28.8 88.4 20.7 19.3 19.2 15.5 11.4 2.7 66.8 7.5 8.6 6.9 8.6 1.7 2.6 60.7 7.2 6.2 10.8 1.9 2.2 3.8 54.0 8.7 13.8 2.0 3.0 3.0 4.4 55.8 10.8 1.4 2.2 2.8 2.8 3.1 6.6 .8 1.1 1.4 1.8 2.0 4.1 .6 .8 .6 .8 .8 5.2 .4 .6 .8 1.2 .9 15,343 9,649 6,608 9,272 100.0 100.0 100.0 100.0 12.7 9.4 9.7 7.4 6.5 5.0 4.2 3.7 5.1 4.3 3.8 3.3 8.9 6.6 7.2 5.5 11.6 11.0 9.8 8.0 49.6 10.8 11.3 8.3 2.5 47.9 9.5 7.2 1.4 2.6 41.3 8.4 1.6 2.5 3.3 48.3 10-14 years...................................................... 15-19 years...................................................... 20 -24 years...................................................... 25 years or more................................................ No t e : Occupational tenure is in cumulative years, whereas employer tenure is in continuous (uninterrupted) years. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11 MONTHLY LABOR REVIEW October 1988 • Occupational Tenure Employer tenure Data on occupational tenure and employer tenure dif fer because the former is measured in cumulative years and the latter is measured in continuous (uninterrupted) years. Nevertheless, as can be seen in table 5, there is a link between the two. A change in occupations usually means a change in employers. Of the 21 million workers who had less than 2 years of cumulative tenure in their occupation, about 88 percent also had less than 2 years of continuous tenure with their employer and most of the remainder had less than 10 years. Movement of workers from occupation to occupation usually occurred between, rather than within, employing organizations, except in the case of advancement to managerial and supervisory posi tions. As expected, the probability of a change in employers tended to diminish as occupational tenure increased. Of the 9.3 million workers who had been in their occupation for 25 years or more, almost one-half also had 25 years or more continuous tenure with their employer and another one-fourth had 10 to 24 years. A disproportionate number of workers who had lengthy tenure in both categories were in occupations that (a) have high concentrations of self-employed workers, such as farmers and physicians, or (b) are restricted or limited as to type of employer, such as postal service mail carriers and firefighters. Only one-fifth of the individuals with 25 years or more tenure in their occupation had been with their employer 5 years or less. Many of them were accountants, engineers, registered nurses, automobile mechanics, carpenters, and heavytruck drivers. Trends Occupational tenure has increased in recent years and further increases seem likely. Average years of tenure rose from 5.7 in 1983 to 6.6 in 1987, as the work force aged.5 The increase, however, was more than just a reflection of an older population, as men and women at almost every age had been working in their occupation longer in 1987 than in 1983. Young people entering the labor force in recent years may eventually accumulate even more tenure than their parents. Unlike their mothers 20 or 30 years ago, young women today are more likely to remain in the labor force for a large part of their adult lives and to work even when they have infants and toddlers at home.6 Another factor that may eventually increase tenure among both sexes is the changing occupational structure of employ ment. Occupations that require the most education— and thus, have the strongest worker attachm ent— are pro jected to increase as a proportion of total employment.7 □ -F O O T N O T E S ’The amount of tenure reported by respondents was rounded to the nearest year, or to zero if less than 6 months. In the tabulations, the category, “less than 2 years,” actually consists of all workers who had up to 1| years of tenure, including those with less than 6 months. The category, “2 to 3 years,” consists of all workers with more than 1| years, but less than 3t years, and so forth. 2See Howard Hayghe, “Rise in mothers’ labor force activity includes those with infants,” M o n th ly L a b o r R e v ie w , February 1986, pp. 43-45. 3Part-time work is defined as less than 35 hours per week. Persons who usually work 35 hours or more per week, but for economic reasons worked fewer hours during the survey week, were classified as full-time workers. See Thomas H. Nardone, “Part-time workers: who are they?” M o n th ly L a b o r R e v ie w , February 1986, pp. 13-19. The data on earnings are limited to wage and salary workers who usually work full time, and consequently are not strictly comparable to 12 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the tenure data presented in this article, which also include self-em ployed workers as well as those on part-time schedules. 5Prior to January 1987, occupational tenure was measured in supple ments to the January 1983 and January 1981 Current Population Surveys. The economic recovery may have contributed to the increase in age-specific tenure between 1983 and 1987. The results of the two most recent surveys were difficult to compare with those from the January 1981 survey, because the latter used broader intervals to measure the amount of time the worker had accumulated in the current occupation and obtained the data only for workers who had not changed occupa tions between January 1980 and January 1981. 6See Susan E. Shank, “Women and the labor market: the link grows stronger,” M o n th ly L a b o r R e v ie w , March 1988, pp. 3 -8 . 7See George T. Silvestri and John M. Lukasiewicz, “A look at occupa tional employment trends to the year 2000,” M o n th ly L a b o r R e v ie w , September 1987, pp. 46-63. Inflation holds steady during the first half Increase in Consumer Price Index remains unchanged at 4.4 percent, as a downturn in energy component is offset by acceleration in prices for food and apparel Robert A. Kuemmerling and Patricia Hanson During the first 6 months of 1988, the Consumer Price Index for All Urban Consumers rose at a seasonally ad justed annual rate of 4.4 percent, the same as that for the 12 months ended in December 1987. While overall rates for the two periods were identical, the composition of price change was different. The energy component turned down slightly in the first half, after partially rebounding in 1987 from the effect of the 1986 oil glut. Shelter costs advanced at virtually the same rate as in 1986 and 1987. But food prices surged in the second quarter, pushing their year-to-date annual rate above 4 percent. The index for all items excluding food, shelter, and energy rose at an annual rate of 4.9 percent in the first half, the largest increase since the first half of 1984. Within this group, prices for both commodities and serv ices accelerated. The sharp increase in apparel prices accounted for more than 40 percent of the 1988 increase, but most other commodity components also rose faster than in 1987. All service groups other than apparel serv ices accelerated in the first half of 1988. (See table 1.) Robert A. Kuemmerling and Patricia Hanson are economists in the Office of Prices and Living Conditions, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Current developments Food. Effects of the drought of ’88 in the Nation’s Farm Belt have evoked comparisons to the Dust Bowl of the 1930’s, or to the 1970’s when double-digit inflation was preceded by commodity-price shocks. The comparisons are illustrative but not necessarily predictive. Through the first half of 1988, at least, the hot and dry weather has had a minimal effect on food prices. During the first 6 months of 1988, grocery store food prices increased at an annual rate of 3.9 percent. Although the increase was slightly higher than the 3.5-percent in crease in 1987, the com position of the change was different. For example, prices of fresh fruit and vegetables increased a strong 12.8 percent in 1987 because of a combi nation of strong demand, erratic weather, and a virus which seriously damaged the winter lettuce crop, causing prices to double. In contrast, over the first 6 months of 1988, fresh fruit and vegetable prices declined at a 13.6percent rate as there were no major disruptions of supplies of potatoes, tomatoes, and seasonal fruits such as peaches, melons, and cherries. Lettuce production rebounded sub stantially from levels of late 1987 and prices plummeted. However, prices for selected fruits in short supply, such as apples, bananas, and oranges, jumped in the first half of 13 M ONTHLY LABOR REVIEW October 1988 • Inflation During the First H a lf 1988. Prices for processed fruits rose mainly because of production shortfalls of orange concentrate in Brazil. The index for meats, poultry, fish, and eggs also dis played a wide year-to-year disparity— climbing at a brisk 10.7-percent rate in the first half of 1988 compared with a modest 1.1-percent increase in 1987. Beef and veal prices rose sharply because, early in the year, ranchers held cat tle from slaughter in an attempt to build up depleted herds. But, as a direct result of the drought, grazing pas tures became parched and feed grain supplies tightened and rose abruptly in price. Cattlemen without the finan cial wherewithal to survive these conditions were forced to cull their herds by sending beef cows and steers to slaughter. At the Producer Price Index (ppi) level, cattle prices declined sharply in June; lower prices at the meat market counter are likely to follow. But meat prices even tually are expected to turn higher, as supplies are reduced while ranchers rebuild their culled herds. Prices for pork rose during the first 6 months of 1988, partially in sympathy with beef prices. Higher feed grain prices, because of the drought, were depleting breedinghog inventories. Fewer hogs for slaughter in the future will result in higher retail prices. Poultry prices soared 24.1 percent in the first half because of increased exports, production cutbacks, and strong incremental demand. For fish and seafood, as with poultry, increased per-capita consumption by health-conscious consumers at a time of relatively static supply resulted in higher prices. The hot weather and rising feed costs led to decreased egg produc tion, causing prices to shoot up at a 29.6-percent annual rate. Several other food groups contributed to the accelera tion in the food index during the 6-month period ending June. Prices for cereals and bakery products rose at a 7.0Table 1. Percentage changes for major categories of the Consumer Price Index, 1982-June 1988 Percent changes, 12 months ended December Expenditure category 1982 1983 1984 1985 1986 1987 6 months ended June 19881 All Items............. 3.8 3.8 3.9 3.8 1.1 4.4 4.4 Energy..................... Energy commodities Energy services...... 1.3 -5.0 14.1 -.5 -3.2 4.1 .2 -1.8 3.5 1.8 3.4 -.6 -19.7 -30.5 -3.3 8.2 17.8 .2 -.4 -1.2 .2 All Items less energy.. F ood....................... Shelter.................... 4.2 3.1 2.4 4.5 2.7 4.7 4.4 3.8 5.2 4.0 2.6 6.0 3.8 3.8 4.6 4.1 3.5 4.8 4.7 4.2 4.7 All Items less food, shelter, and energy .. 6.1 5.0 4.3 3.7 3.3 3.8 4.9 Commodities less food, shelter, and energy................ 5.5 5.0 3.1 2.2 1.4 3.5 4.3 Services less food, shelter, and energy 7.3 4.9 6.0 5.4 5.6 4.3 5.6 Seasonally adjusted annual rates. 14 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis percent annual rate with anticipatory price increases for drought-impacted grains partly responsible. The index for alcoholic beverages rose at a 5.8-percent annual rate, while food away from home rose at a 4.4-percent rate. Finally, two groups that helped to moderate the food price increase were nonalcoholic beverages and dairy products— up 1.5 and 0.9 percent, respectively. Shelter. Shelter costs increased at an annual rate of 4.7 percent during the first half of 1988, about the same as in all of 1987. Renters’ costs rose at a 6.0-percent annual rate during the 6-month period after moving up 3.9 percent during 1987. The acceleration in renters’ costs resulted from large increases in the index for out-of-town lodging, which advanced at a 12.0-percent annual rate in the first 6 months of 1988, dramatically higher than the 3.9-percent rise in 1987. The 3.4-percent rate of increase for house or apartment rents during the first 6 months of 1988 fol lowed a 4.0-percent rise for 1987. Similarly, the index for homeowners’ equivalent rent, up at a 4.4-percent rate dur ing the first half of 1988, rose less than in 1987 when prices increased 4.8 percent. The index for household maintenance and repairs advanced at an annual rate of 2.5 percent in the first 6 months of 1988, compared with a 3.3- percent increase in 1987. Energy. During the first half, energy prices declined at an annual rate of 0.4 percent, in contrast to the 8.2-percent rise in the index during 1987. The drop in the index can be linked to the continuing disarray within the Organization of Petro leum Exporting Countries (opec). Despite short-lived price surges resulting from attempts by opec to curb overproduc tion, the Producer Price Index for crude petroleum fell at an annual rate of 12.2 percent in the first 6 months of 1988. The index had soared 28.8 percent in 1987. The drop in crude oil prices resulted in moderate 6month index changes for fuel oil and gasoline in the cpi. Fuel oil rose at a modest annual rate of 1.8 percent, after advancing 17.9 percent in 1987. Gasoline prices dropped at an annual rate of 2.2 percent, after an 18.7-percent increase in 1987. The current surge in fuel consumption has restrained any additional decrease in gasoline prices; there are more cars on the road, being driven longer dis tances, more often. Both indexes remained below the peak levels reached in early 1981. Energy services (gas and electricity) advanced at the same rate as in 1987, up 0.2 percent. Charges for natural gas dropped at a rate of 0.4 percent, partially offsetting a 0.7-percent increase in the index for electricity. Services less food, shelter, and energy. The index for serv ices excluding food, shelter, and energy rose at an annual rate of 5.6 percent in the first half of 1988, compared with a 4.3- percent increase in all of 1987. (See table 2.) Most ser- Table 2. Price changes for consumer services other than food, shelter, and energy, December 1982-June 1988 [In percent] December 1987 to June 1988' December 1982 to December 1983 December 1983 to December 1984 December 1984 to December 1985 December 1985 to December 1986 December 1986 to December 1987 Services less food, shelter, and energy....................... 4.9 6.0 5.4 5.6 4.3 5.6 Other utilities and public services............................. Telephone services............................................... Water and sewerage maintenance....................... Cable television..................................................... Refuse collection.................................................. Housekeeping services............................................ 4.8 3.6 8.5 (2) (2) 2.5 8.1 9.2 5.5 6.1 3.2 2.4 5.0 4.7 5.5 6.0 6.4 3.9 3.7 2.7 5.4 3.8 9.4 1.8 1.9 -1.3 5.2 9.5 10.2 1.8 2.3 Apparel services...................................................... 5.0 4.9 4.9 3.9 3.9 2.1 Transportation services............................................ Automobile maintenance and repair........................ Other private transportation services....................... Automobile insurance........................................... Automobile finance charges................................. Automobile registration, licensing, and inspection fees.................................................. Public transportation ................................................ Airline fares........................................................... Other Intercity public transportation..................... Intracity public transportation............................... 3.8 3.8 3.8 9.1 -7.9 6.2 3.2 7.6 7.9 6.8 4.9 3.3 5.3 12.0 -8.3 5.8 6.8 11.8 -7.3 4.3 3.8 5.4 5.8 5.9 4.9 4.8 6.1 9.2 -2.6 7.8 3.8 4.8 7.0 2.1 8.5 6.4 6.5 10.7 5.9 2.1 5.1 6.3 6.4 3.6 3.4 6.0 5.3 4.9 6.8 1.7 1.8 1.6 2.0 2.4 10.8 1.8 .2 10.9 2.0 Medical care services............................................... Professional medical services.............................. Hospital and related services............................... 6.2 7.6 10.4 5.8 6.3 7.6 6.8 6.5 5.0 7.9 6.3 7.2 5.6 6.3 7.0 Consumer service category 3.7 .2 7.2 3.2 8.1 6.2 7.5 7.7 10.9 Entertainment services............................................ 5.4 5.7 4.4 5.4 4.3 4.9 Personal and educational services.......................... Tuition and other school fees............................... Personal expenses (legal, financial, and funeral).. 9.9 9.4 12.2 9.2 10.1 6.5 8.1 8.4 6.1 8.0 7.9 9.0 6.5 7.6 4.4 8.5 9.1 6.3 'Seasonally adjusted annual rates. 2Data not available. vice categories experienced more rapid price increases in the first half of 1988. The medical care services component advanced at an annual rate of 7.5 percent in the first half, following a 5.6-percent increase during 1987. The accelera tion reflected larger increases for both professional medical services and hospital and related services. Transportation services increased at a 4.9-percent rate during the first 6 months of 1988, after advancing 4.3 percent in 1987. Automobile insurance costs rose at a 9.2percent annual rate during the first 6 months, up from the 5.8-percent rise in 1987, but still slightly below the dou ble-digit increases of both 1985 and 1986. The index for automobile registration, licensing, and inspection, which had increased only 1.7 percent in 1987, moved up at an annual rate of 10.8 percent in the first half. Partially off setting these larger increases was a decline at an annual rate of 2.6 percent in automobile finance charges. Public transportation costs rose at a 1.8-percent rate in 1988, the same as in 1987. Increases in fares for airlines and intra city mass transit slowed in 1988 but were offset by a sharp advance in other intercity transportation costs, up at a 10.9-percent annual rate. The index for personal and educational services ad vanced at an 8.6-percent rate in the first 6 months of 1988. Charges for tuition and other fees continued to advance sharply— up at a 9.1-percent rate. The index for personal https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis expenses accelerated, reflecting a jump in charges for personal financial services, which include banking and accounting expenses. Among the non-shelter housing services, the index for housekeeping services accelerated, largely as a result of the April increase in postage rates by the U.S. Postal Service— the first increase since February 1985. Charges for other utilities and public services continued to register moderate increases despite a 7.2-percent rise in the water and sewerage maintenance index. This advance reflected general sewer rate increases and special “drought rates” to promote water conservation. Within the entertainment services component, which rose at an annual rate of 4.9 percent, the index for club membership fees jumped 10.9 percent in the first half, after rising only 1.7 percent in 1987. The only major service group to decelerate, apparel services, increased at a 2.1-percent rate, after advancing 3.9 percent in 1987. Smaller increases in charges for laundry and drycleaning services were responsible for the slowdown. Commodities less food, shelter, and energy. Several groups of commodities have a high proportion of imports in market sales. (See table 3.) It follows that these groups are susceptible to price acceleration after a sustained pe riod of decline in the value of the dollar exchange rate 15 MONTHLY LABOR REVIEW October 1988 • Inflation During the First H a lf such as occurred between early 1985 and the end of 1987. For example, prices for apparel commodities rose at an accelerated clip during the first half, 7.6 percent, com pared with 7.4 percent for the same period last year and 4.9 percent for all of 1987. The introduction of substan tially higher-priced spring and summer merchandise was consistent throughout the apparel group. Especially sharp rates of increase were displayed by women’s and girls’ apparel (10.5 percent) and men’s and boys’ apparel (5.7 percent). It is probable that for all of 1988 the increase in apparel commodities will surpass the gain for 1987 (the largest on record). M ajor clothing manufacturers have already indicated that, due to sharp increases in their costs for imported wool and other fabrics, prices will be commensurately higher when the fall and winter mer chandise is unveiled. Another import-sensitive commodity, new cars, pro vides an example of market conditions overriding the effects of exchange rate movements. The index for new cars increased at a modest 1.6-percent annual rate during the first half of 1988, compared with a 1.8-percent in crease in 1987. While new cars sold at a slightly higher rate this year as opposed to 1987, the manufacturers and dealers had a difficult time weaning consumers from incentive packages. Although prices of imported cars in creased more than prices of domestic models, the rise was below expectations based on the lengthy appreciation of the currencies of the exporters. There are several explana tions. First, manufacturers of foreign cars displayed a willingness to sacrifice profit margins in the short run rather than experience an erosion of market share. Sec ond, dealers, who had previously added substantial surcharges to the sticker price of imports in short supply, were cutting or eliminating entirely these markups. In deed, some imports, especially the luxury European mod els, were marketed with incentive packages comparable to those of their domestic counterparts. Finally, the distinc tion between an import and a domestic automobile was becoming blurred as several “foreign” model nameplates are now wholly or partially manufactured in the United States. Among groups of commodities insulated from the gyrations of the dollar and imports, price movements were disparate. Tobacco and smoking products rose at a 9.9-percent annual rate in the first 6 months of 1988 com pared with a 7.9-percent increase in 1987. Late last year, the manufacturers of tobacco products raised wholesale prices which the retailers quickly passed on to the con sumer. And the prospect is for more increases in the price of tobacco products for the remainder of 1988 because the manufacturers again raised their wholesale prices in June. The index for medical care commodities, consisting of both prescription and nonprescription drugs, rose at a slightly slower pace during the first half of 1988 than during 1987— 5.7 percent versus 7.1 percent. Finally, the index for used cars displayed a complete turnaround from 1987, when prices rose 8.9 percent. In contrast, in the first half of 1988, used car prices declined at a 1.5-percent annual rate. The surprisingly good pattern of new car sales this year resulted in a surfeit of late-model used cars on dealer lots. Hence there was dealer reluctance to bid aggressively at the wholesale auto auctions for anything but clean, ready-to-sell cars. Current outlook During the past 6 years, particularly if the volatile en ergy component is excluded, the movement of consumer prices has been relatively stable. Recent concerns, how- Table 3. Seasonally adjusted annual rates of change for Consumer Price Indexes for certain commodities with higher-than-average import proportions, selected periods, December 1982-June 1988 [In percent] December 1982 to December 1983 December 1983 to March 1985 March 1985 to June 1986 Commodities less food, shelter, and energy.......... 5.0 3.5 0.7 Wine at home................................................. Whiskey at home............................................ Alcoholic spirits, excluding whiskey............... -1.5 1.5 .7 1.3 2.0 2.6 7.8 9.7 -1.3 -4.1 1.0 -5.1 Category TV and sound equipment............................... Clocks, lamps, and decor items..................... Tableware, serving pieces, and nonelectric kitchenware................................................. Lawn equipment, power tools, other hardware 1.0 - 2.2 2.4 1.6 2.3 .5 1.9 Men's and boys' apparel................................. Women's and girls' apparel............................. Infants' and toddlers' apparel ......................... Jewelry and luggage........................................ Footwear.......................................................... 2.3 3.3 3.5 3.4 New vehicles.................................................... 'Jewelry only. 16 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1.6 June 1986 to December 1986 December 1986 to December 1987 December 1987 to June 1988 3.5 -.3 3.8 1.3 .9 3.8 2.1 2.1 -3.0 -5.8 -3.7 1.7 -.5 6.1 .2 2.2 .9 -1.9 1.8 1.3 1.3 5.3 -2.9 2.3 2.5 5.5 .3 1.3 -2.3 4.6 1.0 2.0 -1.4 .9 5.0 -4.3 5.1 3.9 3.1 5.9 2.4 ’ 11.5 3.8 5.7 10.5 3.5 16.4 3.8 3.3 3.0 4.1 5.8 1.8 1.4 - 1.1 ever, are that the rate of inflation is accelerating. Most private and public sector estimates of consumer price change for the second half of 1988 and for 1989 show an upward drift. We will examine some of the factors on which these forecasts are based. The most direct, and highly publicized, influence on prices in the next 18 months will come from this summer’s heat and drought. While the economic consequences of the drought will be serious, particularly for farm incomes, the effect on the overall c p i is not generally anticipated to be that large. The consensus forecast, after consideration of the drought, has added 0.1 percentage point to the 1988 esti mate of the change in the c p i and 0.2 to 0.3 percentage point to the 1989 estimate. The shortages of crops have both a direct and an indirect effect on the food component of the c p i . The crop failure of durum wheat (for which there are no carryover reserves) used to make pasta is an example of a food component which will be directly affected. More im portant to food prices, however, are the indirect effects of the failure of the feed grain crops. As noted, higher priced feed is pressuring ranchers to send their livestock to slaugh ter sooner. The temporary oversupply will lead to lower meat prices. However, the need to rebuild the herds will likely result in higher prices next year. A second inflationary factor cited revolves around the delayed impact of the long decline in the exchange value of the dollar, that is, the prices of imports will inevitably rise further. The recent U.S. experience was discussed above in the section on commodities less food, shelter, and energy. The evidence suggested that recent exchange rate movements did not consistently portend the magnitude or duration of price movements. Other competitive forces such as the desire to retain market share or the availability of substitute products often mitigated the effects of cur rency gyrations. Barring a further substantial decline in the value of the dollar (the dollar appreciated slightly over the first half of 1988), there is no reason to believe that any future impact will be significant. Of greater concern are the inflationary implications of the current stage of the business cycle, typified by high industrial capacity utilization, low unemployment, and accelerating material costs. Through June, the current expansion had lasted 68 months, which exceeded in length 7 out of the 8 post-World War II expansions— the exception being the 106-month period from February 1961 to December 1969. It is usually during the advanced stage of an economic recovery that prices begin to acceler ate.1 Although fears of impending recession persist, the current expansion does not yet appear to have run its course. And the behavior of several statistical series do https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis seem to harbinger upward pressure on prices in the months ahead. The 14-year low in the civilian unemployment rate achieved during the first half of 1988 has stirred concern about rising wages and their impact on prices. Civilian worker compensation is measured by the Employment Cost Index. During the second quarter of 1988, the an nual rate of change in this index rose above 4 percent for the first time since early 1986. But, while rising wage costs usually correlate to rising prices in the long run, advances in productivity can offset this upward pressure. Another indicator influenced by rising wages is the index of unit labor costs, which are the labor compensation costs in curred in the production of a unit of output (and are derived by dividing compensation by output). The unit labor cost index has averaged an annual increase of 2.2 percent during the current expansion. The index rose 3.0 percent, however, between the second quarters of 1987 and 1988. Nevertheless, this should be contrasted to the last 2 years of the 1961-69 business cycle, when unit labor costs rose at a 7.1-percent rate. An additional characteristic of the latter stages of an expansion is an acceleration of material costs. In good part this can be tied to the fact that the U.S. factory utilization rate during the second quarter rose to its highest level in more than 8 years. The best measure of accelerating material costs is the finished goods compo nent of the P roducer Price Index, which rose at a 3.6-percent annual rate in the first half of 1988, following a 2.2-percent increase for all of 1987. While some of the acceleration in the p p i was because of rising food prices, this was partially offset by the downturn in energy prices. Finished goods less food and energy rose at a 3.9-percent annual rate over the first half, almost twice the 2.1-percent rate of last year. In summary, the drought and the delayed impact of the deterioration of the exchange value of the dollar are likely to have only a small effect on the c p i in the next 18 months. The recent acceleration in labor and material costs will probably put the most pressure on consumer prices. However, even these cost increases, when viewed with a historical perspective, are consistent only with a gradual drift upwards from the 4-percent inflation level of the past 6 years. □ --------- F O O T N O T E --------'See John F. Early, Mary Lynn Schmidt, and Thomas J. Mosimann, “Inflation and the business cycle during the postwar period,” M o n th ly L a b o r R e v ie w , November 1984, pp. 3 -7 . 17 Employer-sponsored dental insurance eases the pain Dental care plans grew in prominence from 1980 to 1986; plan cost control measures, as well as plan benefits, kept pace with the rising cost o f dental care R ita S. Jain In recent decades, dental insurance plans have been one of the fastest-growing items on the employee benefits scene. Between 1967 and 1985, the number of persons in the United States with dental coverage grew from 4.6 million to nearly 100 million,1 largely because of the adoption of worksitebased group plans. In 1986, 68 percent of all full-time employees in medium and large firms participated in dental plans financed wholly or partially by their employers. These plans provide a variety of services, ranging from routine examinations to more expensive treatments such as orthodontia and restorative procedures. But more often emphasis is on preventive care. This article examines several key features of dental plan design, including benefits piovided, methods of reimburse ment, funding arrangements, and employee contributions to plan premiums. It is based on data from the Bureau of Labor Statistics’ 1980-86 surveys of benefits for full-time Rita S. Jain is an economist in the Division of Occupational Pay and Employee Benefit Levels, Bureau of Labor Statistics. 18 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis employees in medium and large firms. The 1986 survey studied a sample of 1,500 establishments, which repre sented approxim ately 46,000 business establishm ents em ploying 24 m illion w orkers; the coverage of the 1980-85 surveys was virtually the same.2 Data were tabu lated for three broad occupational groups: professional and administrative workers, technical and clerical work ers, and production workers. The first two groups are considered white-collar workers, in contrast to blue-collar or production workers. The 1986 survey studied approximately 1,900 plans providing dental benefits. (Plans with dental benefits lim ited to oral surgery or other services necessitated by accidental injury were not classified as dental plans.) In cluded in the study were both com prehensive plans combining dental and other health benefits and dental plans that were independent of plans providing hospital, surgical, medical, and related health benefits. In 1986, five-eighths of the participants had dental coverage that was separate from their main health insurance plan. Dental plan participation: 1 9 8 0 -8 6 According to the 1986 Employee Benefits Survey, den tal coverage, wholly or partially financed by the employer, was available to 71 percent of full-time employees with health insurance in medium and large firms— a 27-percent increase in the proportion recorded for 1980. Coverage rose 28 percent for white-collar workers and 21 percent for blue-collar workers. However, the rise in dental plan participation was un even throughout the 1980-86 period. Participation grew gradually, reaching a peak in 1984; since then, there has been a small decline for all occupational groups. The slowdown in the growth of dental insurance participation may be traced to several factors. Employment declines in some industries, such as basic steel, which traditionally provided dental benefits, affected overall participation rates. Efforts to control health care costs have caused some companies to reconsider expanding their benefit programs to include dental care. Additionally, flexible benefits programs enabled employees to switch insurance plans in favor of other benefits. The following tabulation shows the percent of full-time health insurance partici pants with dental benefits in medium and large firms during the 1980-86 period: Years Professional Technical A ll and and participants administrative clerical Production ......... ......... ......... ......... 56 61 68 74 60 67 76 79 55 60 68 72 56 59 64 72 1984 ......... 1985 ......... 1986 ......... 77 76 71 79 79 75 75 76 72 76 73 68 1980 1981 1982 1983 Table 1. Percent of full-time participants in dental plans with scheduled cash allowances by maximum payable for selected dental procedures, medium and large firms, 1986 Procedure Professional Technical and All and clerical administrative participants participants participants Production participants Examinations: Total....................... $10 and under........... $ 1 1 -1 5 ..................... $ 1 6 -2 0 ..................... $ 2 1 -2 5 ..................... $ 2 6 -3 0 ..................... $ 3 1 -3 5 ..................... $ 3 6 -4 0 ..................... $ 4 1 -5 0 ..................... More than $50 .......... Not determinable...... 100 2 5 14 19 11 15 9 22 1 1 100 — 2 10 19 8 17 9 31 1 2 100 1 2 6 23 6 20 11 30 2 (1) 100 5 9 21 16 17 11 9 11 (1) Fillings: Total....................... $10 and under........... $ 1 1 -1 5 ..................... $ 1 6 -2 0 ..................... $ 2 1 -2 5 ..................... More than $25 .......... Not determinable...... 100 14 36 42 7 1 1 100 10 37 42 8 1 2 100 6 34 51 6 1 (1) 100 21 36 36 6 1 1 Dental surgery to repair fracture of the mandi ble: Total....................... $25 and under........... $ 2 6 -5 0 ..................... $ 5 1 -7 5 ..................... $76-100 ................... $101-125 ................ $126-150 ................ $151-175 ................ $176-200 ................ More than $200......... Not determinable...... 100 6 13 22 11 24 4 4 2 9 5 100 4 12 28 11 21 5 4 3 6 6 100 3 10 25 11 33 6 3 2 4 3 100 8 16 16 11 22 4 4 — 15 9 Crowns: Total....................... $100 and under......... $101-150 ................ $151-200 ................ $201-300 ................ $301-400 ................ Not determinable...... 100 6 22 31 40 1 1 100 4 18 32 44 1 2 100 6 13 31 48 1 (1) 100 8 29 30 32 (1) (1) (') 1Less than 0.5 percent. N o t e : Because of rounding, sums of individual items may not equal totals. Dashes indicate no employees in these categories. E xtent o f coverage In 1986, 98 percent of the participants were in dental plans with provisions that covered all family members. Employees were more likely to share in plan costs if coverage was ex tended to their dependents. One percent were in plans that covered the employee only; an additional 1 percent had coverage for only the employee and the spouse. Less than 0.5 percent of the participants were in plans providing dental benefits only for dependent children. Nearly all dental plans covered a wide range of services, including preventive care, such as examinations and x rays; restorative procedures, such as fillings, inlays, and crowns; dental surgery; and periodontal care (treatment of tissues and bones supporting the teeth). Plans paying all or part of the cost of orthodontic services, at least for dependent chil dren, covered 75 percent of dental participants in 1986, up from 62 percent in 1980. Aside from the growth in orth odontic benefits, there was little change in the incidence of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis services covered during the period studied. The following tabulation is illustrative: Percent o f plan participants Procedure 1980 1983 1986 E xam inations.............. Fillings ........................ C ro w n s........................ O rthodontia................. 100 100 97 62 99 100 99 73 100 100 98 75 M ethods o f reimbursement Dental plans pay for covered services in one of four ways: (1) full or partial payment of usual, customary, and reasonable charges (ucr)3; (2) payment according to a schedule (list) of cash allowances; (3) incentive payment schedules; and (4) copayment methods. The methods used varied somewhat in 1986 by the type of dental proce- 19 MONTHLY LABOR REVIEW October 1988 • dure, as the following tabulation shows: P e r c e n t o f p la n p a r tic ip a n ts c o v e r e d f o r p r o c e d u r e S c h e d u le o f c a sh P ro ced u re T o ta l E xam inations...... Fillings ................. C ro w n s................. O rthodontia......... 100 100 100 100 UCR I n c e n tiv e C o p a y m e n t a llo w a n c e s s c h e d u le m e th o d 17 27 27 20 3 3 1 — * 1 2 3 80 69 70 77 * Less than 0.5 percent. Dash indicates no participants in this category. Over the 1980-86 period, little change was noted in the prevalence of the reimbursement methods. For all procedures examined, the most common type of reimbursement was through the ucr method. However, the portion of ucr charges paid for by dental plans often varied by the type of procedure. To encourage preventive care, less costly diagnostic and preventive procedures were usually covered at 80 percent or 100 percent. (It is assumed that participants who seek preventive care are less likely to require more expensive restorative work in the future.) Fillings, surgery, and periodontal care were most likely to be covered at 80 percent; while the most costly procedures— inlays, crowns, and orthodontia— were often reimbursed at 50 percent of ucr charges. The following tabulation shows reimbursements for 1986: Employer-Sponsored Dental Insurance sors revise scheduled allowances, on average, to reflect increases in the price of dental care. The following tabulation shows that, for selected procedures, average allowances in creased 11 to 49 percent from 1983 to 1986. During this period, the dental services component of the Consumer Price Index for All Urban Consumers rose 19 percent. Average m aximum benefit payment Procedure 1983 1986 Percent increase Exam inations............................ .. Fillings...................................... Dental surgery to repair fracture of the m andible...... Crow ns.......................................... $27 13 $30 15 11 15 81 166 121 194 49 17 Three percent of dental plan participants had services covered by an incentive schedule in 1986. To encourage participants to seek preventive care, under this method of reimbursement the percentage of dental expenses paid by the plan increases each year if the participant is examined regularly by a dentist. For this reason, preventive proce dures were more likely to be subject to incentive schedules than complex restorative and orthodontic procedures. Table 2. Percent of full-time participants in dental plans by type of deductible and method of reimbursement, medium and large firms, 1986 Percent o f plan participants Procedure Total Exam inations...... Fillings ................. C ro w n s................. O rthodontia......... 100 100 100 100 With dental deductibles — Charges covered at 50% 80% 100% Other % 1 6 50 81 23 55 18 5 71 13 6 5 5 26 26 9 Method of reimbursement1 Examinations: Total.................. Scheduled cash allowance........... UCR........................... During the 1980-86 period, there was little change in the proportion of ucr charges paid for by the plans studied. In 1986, about one-fourth of the dental plan partici pants were reim bursed based on a schedule of cash allowances. In this arrangement, dental services are paid for up to a maximum dollar amount specified for each procedure. Restorative procedures, such as fillings, dental surgery, and crowns, were more likely to be subject to this type of schedule than preventive procedures (examina tions and x rays). Table 1 shows the range of cash allowances that plans had specified for selected dental procedures. In 1986, plans typically paid from $15 to $50 for most routine dental ex aminations, while simple fillings were seldom reimbursed for more than $25. However, coverage for dental surgery to repair a fracture of the mandible (jaw) usually allowed pay ments up to $125; and payments for more expensive crowns commonly ranged from $150 to $300. Unlike the ucr reimbursement method, scheduled allow ances do not automatically change in tandem with prices for dental services. However, survey data reveal that plan spon 20 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Incentive schedule Fillings: Total.................. Scheduled cash allowance........... UCR........................... Incentive schedule Dental surgery: Total.................. Scheduled cash allowance........... UCR........................... Incentive schedule Crowns: Total.................. Scheduled cash allowance........... UCR........................... Incentive schedule Orthodontia: Total.................. Scheduled cash allowance........... UCR........................... Incentive schedule Total Separate deductible Annual Lifetime Overall No deductible deductible 100 15 2 4 79 100 100 100 7 17 6 1 2 25 1 4 92 77 70 100 54 7 3 35 100 100 100 44 60 22 17 2 25 1 5 38 32 53 3 35 1 4 34 34 47 — - 100 55 7 100 100 100 47 59 25 19 2 28 100 58 5 4 33 100 100 100 46 65 38 16 1 30 1 5 37 29 32 100 24 13 100 100 — 22 25 — 19 11 — - — 3 4 — 61 58 60 'Services reimbursed through the copayment method were not subject to deductibles. N o t e : Because of rounding, sums of individual items may not equal totals. Dashes indicate no employees in these categories. Table 3. Percent of full-time participants in dental plans with deductibles by type of deductible, medium and large firms, 1986 Preventive, restorative, and orthodontic Preventive and restorative Restorative and orthodontia Preventive only Restorative only Orthodontia only Subject to basic dental deductible........... 10 26 24 (1) 43 10 Yearly deductible: T o ta l............................................. Under $ 2 5 ........................................ $25.................................................... $26-49 ............................................ $50.................................................... $51 -9 9 ............................................ $1 00................................................. More than $100................................. 9 (1) 4 (1) 5 (1) (1) — 23 1 7 1 12 (1) 1 (1) 18 — 6 (1) 11 1 1 — (1) — (1) — (1) — — 41 — 18 (1) 20 1 1 (1) 1 — — — 1 Lifetime deductible: T o ta l............................................. Under $ 2 5 ........................................ $25.................................................... $26-49 ............................................ $50.................................................... $51-99 ............................................ $100 ................................................. More than $100................................. (1) — — — (1) — — — 3 (1) (1) — (1) 2 (1) — 6 — — — 6 — — — — — — — — — — 2 — — — 2 — — 9 — — — — — (1) — Type of deductible Subject to both........................................ 8 1 (1) r) 1Less than 0.5 percent. N o t e : Because of rounding and the existence of multiple deductibles in a plan, sums of individual items may not equal totals. Dashes indicate no employees in these categories. One to three percent of dental plan participants in 1986 were required to make copayments, a reimbursement method that was not found in the 1980 survey. Under this arrangement, the employee pays a specified amount (such as $10) for a dental procedure, and the plan pays the balance. It is essentially the opposite of the scheduled cash allowance method. Restorative procedures and more ex pensive procedures, such as orthodontia, were more likely to be paid for under this method than were preventive procedures. Deductible requirements Participants were commonly required to pay a specified amount of dental expenses (deductible) before the plan paid any benefits. The most common requirement was a $25 or $50 deductible each year. However, some plans called for the participant to pay a “lifetime” deductible (usually $50) only once while a member of the plan, rather than every year. White-collar workers were more likely than blue-collar workers to have plans with deduct ible requirements, a pattern that has remained essentially the same since first studied in 1980. Deductibles were found in combined hospital-medicaldental plans and also in separate dental plans. In the combined plans, the deductible almost always applied specifically to dental charges and not to all health care expenses. Four percent of dental plan participants were subject to overall health insurance plan deductibles. In these plans, dental expenses were included along with other types of medical expenses in meeting an overall deductible. For ex https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ample, if the health insurance plan deductible was $200, the participant would have to pay $200 in dental or other medi cal care expenses before the plan would pay any benefits. The following tabulation shows that separate dental deductibles have become somewhat more common since 1980. However, the amounts of the deductibles have changed little: in all 3 years, annual deductibles were evenly divided between $25 and $50 amounts, while $50 was the most common lifetime deductible. This is in marked contrast to the rise in overall health insurance deductibles.4 The data exclude separate deductibles for orthodontic procedures. Percent o f plan participants Deductible requirement Deductible applies only to dental expenses ........................ .. Deductible applies to medical and dental expenses ................. Without deductible....................... .. 1980 1983 1986 53 61 63 5 42 8 32 4 32 When dental deductibles were specified, they did not necessarily apply to all procedures. As shown in table 2, only 17 percent of participants in 1986 had to satisfy a separate dental deductible before receiving reimburse ment for preventive care, compared with about 60 percent for more expensive treatm ents— fillings, dental surgery, and crowns. Deductibles are less commonly applied to preventive procedures to avoid discouraging participants from getting regular checkups.5 Orthodontic services, which are likely to be the most costly dental procedures, were subject to separate dental 21 M ONTHLY LABOR REVIEW October 1988 • E m ployer-Sponsored D ental Insurance deductibles for nearly two-fifths of the participants. Be cause orthodontic work often continues beyond 1 year and is not likely to recur, lifetime— rather than annual— deductibles were more common than for other proce dures. For the same reasons, deductibles— which are designed to eliminate multiple small claims— are often not applied to orthodontic expenses.6 Table 2 also shows the relationship between the method of reimbursement and deductibles. Except for examina tions, there was no appreciable difference in the incidence of deductibles among plans basing payments on the u c r and scheduled allowances methods; in ucR-based plans, lifetime deductibles were less likely to appear than in plans based on scheduled allowances. Deductible expenses, for the most part, apply to groups of dental expenses rather than to all procedures or to each separate procedure. Table 3 examines the relationship be tween the type and amount of deductibles and the dental procedures to which they applied. Deductibles were most commonly applied to restorative care alone, and were evenly split between $25 and $50 annual amounts. In plans in which either preventive or orthodontic expenses were included under the same deductible, an amount of at least $50 was specified more frequently. When a separate deductible applied to orthodontic expenses, it was usually a single lifetime deductible of $50 per individual. M aximum benefit limits Nearly all participants in 1986 were in plans with a ceiling on total payments for dental care. Maximum limits on nonorthodontic care were applied on a yearly basis, while orthodontia was subject to separate lifetime limits.7 In 1986, maximum annual limits for nonorthodontic services applied to 88 percent of dental plan participants. The most common limit was $1,000; few exceeded $1,500. The trend since 1980, however, has been to raise the an nual ceilings. Ceilings greater than $1,000 applied to 19 percent of plan participants in 1986, up from 11 percent in 1983, and 6 percent in 1980.8 Orthodontic care was usually subject to a separate lifetime cap on payments from the plan. In 1986, maximum lifetime limits applied to 94 percent of participants in plans that cov ered orthodontia. The most common lifetime ceiling was $1,000. Over the 1980-86 period, orthodontic maximums increased significantly. Limits of $1,000 or more applied to 17 percent of participants in 1980, 35 percent in 1983, and 50 percent in 1986. Funding arrangements Considerable change has taken place since 1980 in the financial arrangements for providing dental care. As the fol lowing tabulation shows, there has been a marked shift from providing benefits through commercial insurance carriers to self-funded arrangements. Commercial carriers provided benefits to half of the participants in 1986, down from threequarters in 1980; while the incidence of self-funded plans (those self-insured by employers) more than doubled, cover ing two-fifths of the participants in 1986, up from one-fifth in 1980. Coverage through Blue Cross-Blue Shield plans was relatively unchanged; but other arrangements for providing dental care, such as health maintenance organizations ( h m o ’s), preferred provider organizations ( p p o ’s), and den tal societies, increased their share of participants during the period studied.9 This parallels the shift to providing medical services through self-funded arrangements, h m o ’s , and p p o ’s . 10 Percent o f plan participants Funding medium 1980 1983 1986 T o ta l................................... 100 100 100 Blue Cross-Blue S h ield ........ Commercial c a rrie r.............. Self-funded............................. h m o and o th e r..................... 5 77 18 2 5 66 23 5 6 48 39 8 N ote : Because of rounding, sums of individual items may not equal totals. medium and'large firms *1986 participants in seParate dental plans by provisions for deductibles and employee contributions, Percent of participants, 1986 Employee contributions Total Yearly deductible Total with deductible $25 $50 $100 Lifetime deductible No deductible Other Noncontributory plans'............. 100 65 24 28 2 2 16 35 Contributory plans2....................... 100 88 28 45 4 7 11 12 Monthly employee contribution:3 Less than $1.99................... $ 2 -3 .9 9 ............................... $ 4 -5 .9 9 .......................... More than $5.99............... 100 100 100 100 90 87 97 64 33 23 33 7 54 29 59 57 11 2 23 3 3 24 10 13 - 36 'Premiums are fully financed by the employer. Employees are required to contribute toward plan premiums. 3„ . , , Monthly premiums are shown only where fixed monthly rates applied. 22 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Because annual and lifetime deductibles sometimes existed in the same Plan- sums of deductibles may exceed 100 percent. Dashes indicate no employees in these cateqories. No t e : The growth in participation in h m o ’s has not, however, had as large an effect on how dental services are financed as it has had on other types of medical services. The main reason for this is that only 7 percent of the h m o enrollees studied in 1986 were in plans that also provided dental care and, when dental care was covered under h m o ’s , it was almost always limited to preventive services (exami nations and x rays). The most common practice for h m o ’s (as well as for fee-for-service medical plans) is to be supplemented by separate employer-financed dental plans.11 Table 5. Percent of full-time participants in dental plans by provisions for employee contributions, medium and large firms, 1986 Regular health plan Item Without dental benefits With dental benefits Separate dental plans Individual coverage Percent of participants in — Contributory plan s'............ Noncontributory plans2 ...... Average employee monthly contribution3......................... 42 58 34 66 27 73 $13 $13 $3 63 37 46 54 45 55 $42 $37 $10 Family coverage Employee contributions to plan premiums A majority of the participants in dental insurance plans in 1986 received coverage paid for entirely by their employers. (See table 4.) The incidence of these fully paid plans was greater for three-eighths of participants in combined hospi tal-medical-dental plans than for the five-eighths in separate dental plans. (All told, 99 percent of the dental plan partici pants also had health insurance coverage.) For participants in comprehensive health insurance plans, employee premium payments were usually speci fied for the health care plan as a whole, and it was not possible to determine the portion intended to help finance dental benefits. Total employee contributions in these plans, on average, differed little when plans with dental care benefits were compared to those without such bene fits (table 5).12 Among the employees who were covered by separate dental care plans, about one-fourth contributed to the cost of their own coverage and nearly one-half helped finance Percent of participants in — Contributory plan s'............ Noncontributory plans2 ...... Average employee monthly contribution3......................... 'Employees are required to contribute toward plan premiums. Premiums are fully financed by the employer. 3Average monthly contributions were computed only for plans that specified a fixed monthly premium. family coverage. Monthly contributions for individual coverage averaged about $3, while contributions for fam ily coverage averaged about $10. The relationship of employee premium payments and den tal plan deductibles was also studied. Both ways encourage employees to share plan costs. As shown in table 4, noncon tributory plans were less likely to apply deductibles than contributory plans. Among contributory plans, deductibles of $50 or more tended to be more prevalent— compared to $25 deductibles— as the employee’s monthly premium in creased. Thus, both methods of cost-sharing exist in tandem, rather than to substitute for each other. □ ■FO O TN O TES- 'See 1 9 8 6 - 1 9 8 7 S o u r c e B o o k o f H e a lth I n s u r a n c e D a ta (Washington, Health Insurance Association of America, 1987), table 1.6. 2E m p lo y e e B e n e fits in M e d iu m a n d L a r g e F irm s, 1 9 8 6 , Bulletin 2281 (Bureau of Labor Statistics, 1987). The 1980-85 survey results are re ported in the following bulletins: 1980 survey (Bulletin 2107); 1981 survey (Bulletin 2140); 1982 survey (Bulletin 2176); 1983 survey (Bul letin 2213); 1984 survey (Bulletin 2237); 1985 survey (Bulletin 2262). 3The usual, customary, and reasonable rate ( u c r ) is a rate that is not more than the dentist’s usual charge; within the customary range of fees in the locality; and is reasonable, considering the circumstances. 4The proportion of major medical insurance plan participants subject to deductibles of $150 or more rose from 8 percent in 1980 to 36 percent in 1986. During the same years, the proportion of participants with major medical deductibles of $50 or less declined from 28 percent to 12 percent. See E m p lo y e e B en efits , 1 9 8 6 , p. 28. For details on dental deduct ibles, see E m p lo y e e B en efits , 1 9 8 0 , p. 20; E m p lo y e e B en efits , 1 9 8 3 , p. 36; and E m p lo y e e B en efits, 1 9 8 6 , p. 44. 5See, for example, Ronald L. Huling and John T. Lynch, “Dental Plan Design,” in Jerry S. Rosenbloom, ed., The H a n d b o o k o f E m p lo yee B en efits: D esign, F unding, a n d A d m in istra tio n (Homewood, i l ., Dow Jones-Irwin, 1984), p. 190. 6Huling and Lynch, pp. 189-90. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7Nonorthodontic services were rarely subject to lifetime limits; simi larly, yearly limits were infrequently observed for orthodontic charges, usually only when one maximum limit applied to all types of dental services. 8E m p lo y e e B en efits , 1 9 8 0 , p. E m p lo y e e B en efits, 1 9 8 6 , p. 44. 21; E m p lo y e e B en efits, 1 9 8 3 , p. 36; and 9Health Maintenance Organizations provide comprehensive health care on a prepayment rather than fee-for-service basis. Preferred Pro vider Organizations are groups of hospitals, physicians, and dentists who contract to provide comprehensive health care services. To encourage the use of these provider members, the p p o limits reimbursement rates when participants use nonmember services. 10For example, h m o ’ s provided hospital care to 13 percent of health care participants in 1986, up from 2 percent in 1980. For further details, see E m p lo y e e B en efits, 1 9 8 0 , p. 23; and E m p lo y e e B en efits, 1 9 8 6 , p. 48. "For additional information on h m o ’ s, see Allan Blostin and William Marclay, “ h m o ’ s and other health plans: coverage and employee premi ums,” M o n th ly L a b o r R e v ie w , June 1983, pp. 28-33. 12Of course, other variables, such as the plan sponsor’s policy towards cost control and differences in coverage of the underlying health insur ance plan could account for these relationships. These variables, however, were not examined in this study. 23 Evaluation of mean wage estimates in the Industry Wage Survey program Variances and wage distribution data provide the basis for evaluating the reliability o f mean wage estimates: sampling size, worker counts, and wage dispersion were found to affect relative standard errors Penny L. A sbury and Carl Barsky The first annual report of the Commissioner of Labor, published in 1886, included the results of an occupational wage survey conducted by what is now the Bureau of Labor Statistics (bls).1 The results, taken from payroll records of 582 establishments in about 40 mostly manu facturing industries, contained daily mean wage rates by occupation, industry, and State. Since that first report, the bls has continued the study of occupational wages by industry. This Industry Wage Survey program now includes approximately 25 manufac turing and 15 nonmanufacturing studies, which represent a total of about 65 industries. About eight surveys per year are conducted. Most surveys are done on either a 3or a 5-year cycle. For each survey, average (mean) wages and wage distributions for workers in selected occupa tions are published on a national, regional, or locality basis. For any statistical survey program such as the Industry Wage Survey, a measure of the sampling error should be available for each mean wage estimate derived from the survey sample to provide an indication of the quality of the survey data. Sampling errors occur because the esti mates are based on observations from a subset of the population rather than from the entire population. The particular sample selected for a survey is one of a large number of possible random samples of the same size that could have been selected. Penny L. Asbury is a mathematical statistician in the Office of Comp ensation and Working Conditions, Bureau of Labor Statistics. Carl Barsky, formerly an economist in that office, is currently in the Bureau’s Division of Systems Design. 24 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The most commonly used measure of sampling errors is the variance. Accordingly, this article discusses a variance estimation procedure used in five manufacturing and two nonmanufacturing surveys from the 1985 and 1986 In dustry Wage Survey program. In general, it was found that most of the variances were at the acceptable level of below 3 percent. The variances increased inversely with the sample size of the survey and with the number of workers in an occupation. However, they varied directly with the dispersion of wage rates in an occupation. U ses o f variance estim ates The purposes of calculating variances for the Industry Wage Survey program are 1) to evaluate the quality of survey data, 2) to publish information on the reliability of the survey estimates, and 3) to improve the efficiency of sample allocations. By evaluating the variances of mean wages among occupations, the bls can improve its sam pling procedures by determining the conditions under which the sample size for a given occupation or industry should be increased or decreased to provide the desired overall precision. For the surveys discussed in this article, relative stand ard error, a form of variance, is used as a measure of survey reliability. A calculation of variance is converted into a relative standard error by dividing the square root of the variance by the mean wage estimate. The relative standard error is used because it measures the precision of an estimate, while eliminating the level differences caused by the different mean wage estimates among occupations. Relative standard errors permit a comparison of the reli- ability of mean wage estimates between different occu pations or geographic areas. For example in the Industry Wage Survey of hospitals, the mean wage for the occupation head nurse can be com pared across all metropolitan areas studied. In Oakland, c a , the mean wage was $17.53 an hour and in Buf falo -N iag ara Falls, N Y , it was $11.89 an hour. The relative standard errors were 0.94 for Oakland, and 0.92 for Buffalo-Niagara Falls. The relative standard errors show that for both areas the mean wage estimates, al though different, are equally reliable. When comparing two estimates, a smaller relative standard error indicates greater precision. The estimated relative standard errors can also be used to calculate a 95-percent confidence interval around the mean wage estimate. A 95-percent confidence interval means that if similar samples were repeatedly drawn from the same population, and estimates of the mean wage and its relative standard error were computed for each sample, then the true population mean would be included in the confidence interval for approximately 95 percent of these samples. A 95-percent confidence interval has a lower limit equal to the estimated mean wage minus 2 times the rela tive standard error times the estimated mean wage, and an upper limit equal to the estimated mean wage plus 2 times the relative standard error times the estimated mean wage. For example, the nationwide estimated mean wage for production workers in the survey of the petroleum refining industry was $14.20 in 1986, with a relative standard error of 0.23 percent. Therefore, a 95-percent confidence interval for the estimate is from $14.13 to $14.27. (The lower confidence limit is $14.20 minus 2 times 0.0023 times $14.20, or $14.20 minus $0.07. The upper limit is $14.20 plus $0.07.) Characteristics of evaluated surveys The surveys covered by the variance estimation procedure discussed in this article were mostly in manufacturing: cot ton and manmade textiles, synthetic fibers, petroleum refining, industrial chemicals, and glassware. There were more than 100 establishments in the sample for all manufac turing surveys except that for synthetic fibers which, because of the industry’s size, included only 37 establish ments. The surveys provided mean wage estimates on a national or regional basis with industrial chemicals and cot ton and manmade textiles also providing some locality estimates. The two nonm anufacturing surveys, hospitals and nursing homes, had sample sizes of around 500 establish ments each, and provided estimates for approximately two dozen metropolitan areas.2 These seven surveys were chosen to evaluate the general Industry Wage Survey program because of their varying https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis degrees of statistical complexity. The hospitals and nursing homes surveys involved simple sample designs which pro vided mean wage estimates only by locality. More complex sample designs, such as those used in the surveys of the cotton and manmade textiles and industrial chemicals in dustries, provided estimates not only at the locality level, but also at regional and national levels. The industrial chemicals survey also produced separate estimates for the inorganic and organic chemicals subclassifications. Because sample designs vary by survey, the variance estimation procedure must be modified for each survey in the Industry Wage Survey program. For locality surveys, the procedure is straightforward. However, for surveys involving national, regional, and locality estimates, the procedure must be adapted for each level of estimation. Sampling design The variance estimation procedure used to compute relative standard errors for any survey depends on the sampling design of the survey and the estimator. For sam pling, the establishments in the Industry Wage Survey are separated by the characteristics associated with wage dif ferences, such as geography and number of employees. Then, a simple random sample is chosen from each group (or cell) of establishments with similar characteristics. The assumption is that occupational wages and benefits tend to be similar among establishments with similar characteristics. The number of sample establishments in each cell chosen for a survey is based on the proportion of employ ment in that cell to the employment of establishments within the scope of the industry. In practice, because the sampling design assumes that variance is proportional to the number of workers in an establishment, the usual consequence of this is that a cell which contains 10 per cent of the total industry em ploym ent is allocated approximately 10 percent of the total sample establish ments. There are two additional constraints that are imposed on the sample allocation procedure to reduce variance and to ensure minimum bias in sampling and nonresponse adjustment procedures:3 1) All establishments with 2,500 employees or more are included in a survey sample; and 2) Minimum sample sizes are required for each cell based on the total number of establishments in the cell.4 Industry Wage Survey samples would ideally be de signed so that estimates of average wages have relative standard errors no greater than 7.5 percent. However, the Unemploy- ment Insurance file, which serves as the source for the survey universe of establishments in an industry, does not include any information on wages. (A universe is a list of all eligible establishments from which a sample is chosen.) Employment size is the only measure 25 M ONTHLY LABOR REVIEW October 1988 • Mean Wage Estimates In Industry Wage Surveys of establishment characteristics available from the Unem ployment Insurance file. Therefore, sample size and sample allocation for the surveys have been determined under the requirement that estimates of total employment have relative standard errors no greater than 7.5 percent. The validity of this approach to Industry Wage Survey sample design rests on the assumptions that wages are less variable than establishment size in terms of number of employees and that the number of workers in the occupa tions studied is directly proportional to establishment size. As the relative standard errors are calculated for the different Industry Wage Surveys, they will be compared from occupation to occupation to determine whether the sampling design requirements are fulfilled. After evalua tion, it may be determined that some occupations will need more observations in future surveys to obtain the required precision, while the number of observations may be decreased for others. Variance estimation procedure For the surveys evaluated in this article two variance estimation procedures were considered. The first was a replication technique.5 In this procedure, the survey is divided into subsamples (replicates) in accordance with the sampling design, and estimates of mean wages are computed for each. Then, the sample variance among the several mean wage estimates is computed. This is a rela tively simple procedure, and with large sample sizes produces an accurate estimate of variance. The estimation procedure which was actually used in calculating the variances is an approximation of the for mulas used to produce the survey mean wage estimates.6 Although it is more involved than the replication tech nique, it provides more reliable estimates of variances for the wage surveys which have relatively small sample sizes. Implementing the variance estimation procedure is diffi cult because it must be modified for each survey. Any sample cell with only one establishment must be combined with another cell with similar characteristics, because the procedure does not allow for the computation of a relative standard error for a cell with one establishment. Each survey also must be evaluated for sampling areas that overlap. For example, in industrial chemicals, the data used to produce locality estimates for Philadelphia, Newark, and Buffalo must be combined with the data for the rest of the Middle Atlantic region to compute regional estimates. Relative standard errors are calculated on mean wage estimates for each occupation in each published tabula tion. In the industrial chemicals survey, for example, wage estimates are published not only for the overall in dustrial chemicals classification, but also for the organic and inorganic chemicals industries. These figures include 26 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis estimates for the Nation, and for nine economic regions. Estimates also are published for the overall industrial chemicals classification for eight localities of industry concentration. The 35 occupations for each industry sec tor and geographic tabulation in the survey result in 1,330 possible mean wage estimates for which relative standard errors can be computed. In the less complicated nursing homes industry survey, estimates are published for three categories (all workers, full-time, and part-time) in 15 professional and technical occupations in 22 localities for a possible total of 990 mean wage estimates. Because there are no overlapping areas, the relative standard errors are easier to compute. Analysis of relative standard errors For the surveys studied, 85 out of the possible 120 locality, regional, and national wage tabulations were ana lyzed.7 As the following tabulation shows, of those relative standard errors that were calculated, most are u n d e r 3 p erc en t:8 Percentage o f occupations Relative standard error Less than 1 percent.......................................... 1 and under 2 p erc en t............................................... 2 and under 3 p erc en t............................................... 3 percent or m o re....................................................... T o tal........................................................................ Number of occupations evaluated ............... 27 36 17 19 100* 2,934 *Due to rounding, sums of individual items do not total 100. In general, the relative standard errors for national esti mates are lower than those for regional estimates which, in turn, are lower than those for locality estimates. Note from the tabulation below how the quality of the estimates improves as geographic areas become larger: Relative standard error National Regional Locality Less than 1 p erc en t.................. .... 1 and under 2 p e rc e n t.............. .... 2 and under 3 p e rc e n t.............. 3 percent or m o re ..................... .... 45 30 11 14 35 28 16 20 T o ta l........................................ .... Number of occupations......... .... 100 248 100* 916 21 41 19 19 100 1,770 *Due to rounding, sums of individual items do not total 100. This pattern occurs because the relative standard error of an estimate generally varies inversely with the sample size of the survey. The national estimates have a larger number of establishments in their samples and smaller relative standard errors than the regional or locality esti mates from the same survey. Because the hospitals and nursing home surveys are designed to obtain only locality estimates, their estimates are not as reliable as the other surveys, which provide mostly regional and national estimates. The relative standard error can also vary inversely with the number of workers sampled in an occupation. This explains why the national mean wage estimates for occu pations with large worker counts have smaller relative standard errors than the regional or locality wage esti mates with their smaller worker counts. However, because of the sampling design it should be noted that relative standard errors are calculated on establishment wage means and not on wages for individual workers. An inverse relationship was also found between relative standard error and occupation with different employment level, as the tabulation below shows: Percent o f occupations with employment o f— Less than 100 Relative standard error 100 250 500 and and and 1,000 under under under and 250 500 1,000 over 24 34 23 18 27 46 17 10 32 53 8 7 44 46 7 2 T o ta l................................ . 100* 100 100 100 100* Number of occupations .. . 1,158 629 412 282 453 Less than 1 p e rc e n t........... 1 and under 2 percent ...... 2 and under 3 percent ...... 3 percent or m o re .............. . . . . 22 25 21 33 *Due to rounding, the sums of individual items do not total 100. Nine-tenths of the occupations with 1,000 workers or more had relative standard errors of less than 2 percent, whereas slightly more than half of the occupations with fewer than 100 workers had relative standard errors ex ceeding 2 percent. For example, in the container segment of the glassware survey for the United States, the occupa tion batch mixer has 153 workers and a relative standard error of 1.50 percent, while mold metal maker, with 1,280 workers, has a relative standard error of 0.25 percent. Thus, when an occupation has a large number of work ers, the relative standard error of the estimate is lower. The “all production worker” estimate in manufacturing surveys is another good example. Because this broad em ployment category includes all production workers from each region, State, or locality, it has the largest number of workers contributing to a mean wage estim ate, and should have a small relative standard error. Of the 51 relative standard error estimates for the all production worker level in the five manufacturing sur veys, half are less than 1 percent. Nine-tenths of these relative standard errors are under 2 percent. Similarly, the smallest relative standard errors in the hospitals and nurs ing homes surveys are in the occupations, such as licensed practical nurse and general duty nurse, which have the largest worker counts. Relative standard errors are also directly related to the dispersion of wage rates in an occupation. A mean wage estimate for an occupation with a large dispersion of wage rates is more likely to have a large relative standard error https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis than an estimate for an occupation with less wage disper sion, unless the sample is extremely large. To illustrate, in the industrial chemicals survey, relative standard errors are larger for the occupations in organic chemicals than for those in inorganic chemicals. A com parison is presented in the following tabulation: Percent o f occupations Relative standard error Inorganic Organic chemicals chemicals Less than 1 p erc en t............................................. 1 and under 2 p e rc e n t........................................ 2 and under 3 p e rc e n t........................................ 3 percent or m o re ................................................ 38 31 15 15 31 22 17 30 T o ta l................................................................. 100* 100 Number of occupations................................... 124 132 *Due to rounding, sums of individual items do not total 100. Organic chemicals has a wider variety of processes which creates a wider dispersion in occupational wage rates. Conversely, inorganic chemicals wages are less dispersed not only because the industry has few processes but also because it is highly unionized. Another highly unionized industry, petroleum refining, has a narrow dispersion of wages and consequently the smallest relative standard errors of all industry surveys studied. Almost three-fourths of the relative standard er rors for occupations in the petroleum refining survey are under 1 percent. Occupations or industries with wide wage dispersions require larger sample sizes to generate acceptable relative standard errors. Conversely, selected occupational sam pling (collecting wage data for particular selected occupa tions from only a subset of the sample) should be possible for those occupations with large worker counts and nar rowly dispersed wage rates. A variance estimation proce dure is necessary to identify the situations in which this is possible. To illustrate this point, the occupation general duty nurse in the hospitals survey has comparatively small rel ative standard errors for mean wages in all areas surveyed, ranging from 0.54 percent to 1.01 percent. By contrast, if half of the sampled establishments were used for this occu pation, then these relative standard errors would increase to only 0.57 percent and 1.85 percent. Thus, general duty nurses in the hospitals survey would be a valid candidate for selected occupational sampling. Wage distribution as assessment tool The published releases and bulletins of the Industry Wage Survey contain data on the distribution of workers by straight-time hourly wages in selected occupations. These distributions can also be used to assess the reliabil ity of survey data. Distributions around the mean wage rates show the dispersion of the data that relative stan27 M ONTHLY LABOR REVIEW October 1988 • Mean Wage Estimates In Industry Wage Surveys dard errors measure. A small relative standard error reflects a small spread in the distribution of wages, or a large number of workers in the occupation, or both. Relative standard errors provide convenient, reliable measures of variability. However, the published wage dis trib u tio n tables can be used to explain the relative standard errors and to present more information as well. The wage distribution tables include not only the lowest and highest wage rates surveyed, but also the concentra tion of observations in between the extremes. The tables also provide estimates of the number of establishments and employment within the survey coverage along with the actual number of establishments in the survey sample. Survey sample sizes give an additional indication of the quality of a mean wage estimate. Reliability of survey data is related to the sampling ratio. Thus, an estimate derived from 50 workers in a sample of 7 out of 8 establishments will probably be more accurate than an estimate calcu lated from 250 workers in a sample of 40 out of 80 establishments. The effect of the distribution of wage rates on the vari ance calculation is evident for janitors in the petroleum refining survey. Two regions, Midwest I and Midwest II,9 had similar sample sizes and sampling ratios. The wage spread in the Midwest II region, however, was larger than that in Midwest I. The larger relative standard error of 2.03 percent in the Midwest II region, compared to a relative standard error of 0.42 percent in Midwest I, is due to the larger wage spread. (See table 1.) Occupations that have workers clustered at two or more points in the distribution usually have large relative standard errors. The mean wage falls between and poorly represents the wage clusters. In this situation, the mean, by itself, does not provide a clear indication of where wage rates are concentrated. An example of this occurs for the occupation chemical operator II in the industrial chemicals survey in Newark, n j . (See table 2.) In this locality, the wage spread for the occupation of electrician was more concentrated, with a Table 1. Wage distributions for janitors in petroleum refining, selected regions, June 1985 Wage distribution Midwest I Midwest II Number of workers................................................. Mean hourly wages................................................ Relative standard error (percent)............................ 22 $13.20 .42 20 $12.00 2.3 Percent of workers receiving straight-time hourly wages of— $8.50 to $9.00...................................................... 9.00 to 9.50...................................................... 9.50 to 10.00...................................................... 10.50 to 11.00...................................................... 11.00 to 11.50...................................................... — — — — — — 11.50 to 12.00 to 12.50 to 13.00 to 13.50 to 28 12.00...................................................... 12.50...................................................... 13.00...................................................... 13.50...................................................... 14.00...................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10 — — _ — 18 55 27 40 5 40 5 — T a b le 2. W a g e d is tr ib u tio n s f o r s e le c te d o c c u p a tio n s in in d u s tr ia l c h e m ic a ls in N e w a rk , n j , J u n e 1986 Chemical wage distribution Number of workers................................................. Mean hourly wages................................................ Relative standard error (percent)............................ Percent of workers receiving straight-time hourly wages of — Less than $11.75................................................. $11.75 to $12.00 ................................................. 12.00 to 12.25................................................. 12.25 to 12.50................................................. 12.50 to 12.75................................................. 12.75 to 13.00 to 13.25 to 13.50 to 13.75 to 13.00................................................. 13.25................................................. 13.50................................................. 13.75................................................. 14.00................................................. 14.00 14.25 14.50 15.00 15.50 14.25................................................. 14.50................................................. 15.00................................................. 15.50................................................. 16.00................................................. to to to to to Chemical operator II Electrician 207 $13.46 .82 19 $12.65 .25 11 — 37 11 32 — _ _ — — — 37 — — — 12 — — — _ _ 2 5 3 30 — 21 — — large proportion of workers falling in a single wage inter val, from $11.75 to $12.50. As expected, chemical oper ators II, with a concentration of wages at two levels, $12 to $12.25 and $15.50 to $16, had a larger relative standard error (0.82 percent) than electricians (0.25 percent). In the cotton and manmade textile Industry Wage Survey, 7 out of 11 establishments were surveyed in Bur lington, N C . The mean wage for the 202 loom fixers employed by these firms was $8.65 an hour with a relative standard error of 0.73 percent. In Georgia, 40 out of 110 establishments were surveyed. The wages of 895 workers employed as loom fixers were $8.29 an hour with a rela tive standard error of 1.32 percent. The relative standard error for Burlington is smaller for two reasons: the high sampling ratio and the greater concentration of the wage data. (See table 3.) As discussed previously, worker counts also are related to the quality of the survey estimates. In the hospitals survey, the occupation of general duty nurse in Boston and Milwaukee has similar sample sizes and similar wage dispersions, but the relative standard error was 0.89 per cent in Boston and 1.01 percent in Milwaukee. The slightly smaller relative standard error in Boston is due partly to the larger number of workers surveyed— 8,260, compared to 2,680 in Milwaukee. One cautionary note is necessary on the use of wage distribution data. As indicated earlier, relative standard errors are calculated on establishment wage means, not on wages for individual workers depicted in the wage distri butions. Thus, a wide range of worker wages does not always yield a large relative standard error, even if the distribution is wide within each establishment. However, if the distribution of wages within each establishment is closely concentrated, but the establishment mean wage varies substantially among establishments, a large relative standard error will result. In the industrial chemicals survey, for example, the wages of the occupation instrument repairer range from $11 to over $20 with a mean of $15.64. However, the relative standard error is only 1.07 percent. This comparatively small relative standard error results from establishment means which are closely concentrated, not from the actual wages of the repairers. Future possibilities Although the variance estimation procedure has been successfully applied in a variety of Industry Wage Surveys, there are further projects that need to be undertaken. The relative standard errors and variance calculations could be programmed into the occupational wage survey com puter system so that they can be published concurrently with the survey results. Because of the number of different estimates produced in each Industry Wage Survey (and the sample design differences between surveys), computing and publishing the relative standard errors on a regular basis will require resource and publication trade-offs. The publication alter natives are to 1) provide the relative standard errors for all survey mean estimates; 2) provide a graph of com puted generalized variances (a technique useful for surveys which publish a large amount of data); 3) provide frequency table distributions of the relative standard er rors associated with the occupation means; or 4) publish only the mean wage estimates of those occupations which meet a specified precision. The relative standard errors can also be used to evalu ate and improve the efficiency of the Industry Wage T a b le 3. W a g e d is tr ib u tio n in c o tt o n a n d m a n m a d e te x t ile s f o r lo o m fix e r s , s e le c te d a re a s , J u n e 1985 Textile wage distribution Number of workers................................................. Mean hourly wages................................................ Relative standard error (percent)............................ Percent of workers receiving straight-time hourly wages of — Less than $6.75.................................................... $6.75 to $7.00.................................................... 7.00 to 7.2 5.................................................... 7.25 to 7.50.................................................... 7.50 to 7.75.................................................... 7.75 to 8.0 0.................................................... 8.00 8.25 8.50 8.75 9.00 to 8.2 5.................................................... to 8.5 0.................................................... to 8.7 5.................................................... to 9.00 .................................................... and o ve r.................................................. Burlington, nc Georgia 202 $8.65 .73 895 $8.29 1.32 3 5 5 1 — — — — — — 11 _ 12 72 12 4 14 11 40 1 8 Survey sample allocation procedure. By comparing the relative standard errors among the mean wage estimates for the different occupations in a survey, the Bureau of Labor Statistics will be able to evaluate the sample sizes for each survey and adjust them accordingly. It might be possible to sample selected occupations to reduce respon dent burden when relative standard errors indicate that this is possible or revise the occupation list if the relative standard errors indicate a problem. Finally, if possible, the relative standard errors will be computed using a replication technique. Computer simu lation of this approach might be compared to the results obtained by the current procedure to determine if the results are similar. If the replication method gives compa rable results, it m ight be chosen as a more efficient production method to obtain the relative standard error data. □ -F O O T N O T E S - 'For more detailed information on the early years of the Industry Wage Survey program, see H.M. Douty, “A century of wage statistics: the b l s contribution,” M o n th ly L a b o r R e v ie w , November 1984, pp. 16-28. 2For detailed accounts of these surveys, see I n d u s tr y W a g e S u r vey: P e tr o le u m R e f in in g , J u n e 1 9 8 5 , Bulletin 2255; I n d u s t r y W a g e S u rv e y : T e x tile M ills , J u n e 1 9 8 5 , Bulletin 2265; I n d u s tr y W a g e S u rv e y : H o s p ita ls , A u g u s t 1 9 8 5 , Bulletin 2273; I n d u s tr y W a g e S u rv e y : S y n th e tic F ib ers, S e p te m b e r 1 9 8 5 , Bulletin 2268; I n d u s tr y W a g e S u rv e y : N u r s in g a n d P e r s o n a l C a re, S e p te m b e r 1 9 8 5 , Bulletin 2275; I n d u s tr y W a g e S u r v e y : P r e s s e d o r B lo w n G la s s a n d G la s s w a r e , J u n e 1 9 8 6 , Bulletin 2286; I n d u s tr y W a g e S u r v e y : I n d u s tr i a l C h e m ic a ls, J u n e 1 9 8 6 , Bulletin 2287 (Bureau of Labor Statistics). 3Nonresponse adjustment involves reweighting for those establish ments for which no data were obtained. 4For a more complete description of the sampling design of the iws program, see b l s H a n d b o o k o f M e th o d s , Bulletin 2285 (Bureau of Labor Statistics, 1988), ch. 6, pp. 41-48. 5Kirk M. Wolter, I n tr o d u c tio n Springer-Verlag, 1985). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis to V a ria n ce E s tim a tio n (New York, 6William G. Cochran, & Sons, 1977). S a m p lin g T e c h n iq u e s (New York, John Wiley 7Relative standard errors were not computed for all published tables, because the approximation used to develop the relative standard errors is only valid for sample sizes of 30 or more. For universes with smaller sample sizes and large sampling fractions (ratio of sample establishments to universe establishments), the relative standard errors can be used to evaluate the relative quality between two estimates. Confidence inter vals, however, have little meaning because the normal theory assump tions on which they are based usually are not valid. Also, when the sample consists of almost all of the units in the universe, the relative standard errors are essentially meaningless because there is minimal variability associated with sampling. 8 These relative standard error limits were chosen to correspond with the frequency table of the Bureau’s National Survey of Professional, Administrative, Technical, and Clerical Pay ( p a t c ). Occupational levels in the p a t c are published only if their relative standard errors are smaller than 5 percent. 9 The region Midwest I includes Illinois, Indiana, Kentucky, Michigan, Ohio, and Tennessee. Midwest II includes Iowa, Kansas, Minnesota, Mis souri, Nebraska, North Dakota, Oklahoma, South Dakota, and Wisconsin. 29 Variety stores experience shifting trend in productivity Output per hour o f all persons decreased at an average annual rate o f 0.5 percent during 1967-86; however, from 1977, productivity improved modestly, aided by technological innovations Ja m e s D. Y ork Productivity, as measured by output per hour of all per sons, in the variety store industry1 decreased at an average annual rate of 0.5 percent from 1967 to 1986, compared with an average annual rate of 1.0 percent for the total nonfarm business sector of the economy during the same period.2 The overall decline in productivity reflects an average annual decrease in output of 2.6 percent and a slightly slower rate of decrease in hours of 2.1 percent. (See table 1.) The decline in industry productivity was not a steady, gradual decline, but reflected a sharp falloff from 1972 to 1977, with modest increases in both adjoining subperiods. In the 1967-72 period, productivity in the variety store industry advanced at a rate of 1.7 percent. Output rose at a rate of 2.7 percent and hours increased at a rate of 1.0 percent. Productivity and output both peaked in 1972. However, from 1972 to 1977, productivity declined at an annual rate of 4.3 percent, output declined at a rate of 7.1 percent, and hours declined at a 2.9-percent rate. It was the only sustained drop experienced by the industry and accounted for the overall decline in industry productivity. Within this period, the two largest declines were 13.0 and 6.5 percent, which occurred in 1976 and 1977. In those years, output fell by 14.7 and 6.7 percent, respectively, while hours dropped by only 2.0 and 0.3 percent. Productivity turned around in 1978, increasing by 0.5 percent. This increase continued in 5 of the next 8 years. In the third subperiod, 1977 to 1986, productivity rose at James D. York is an economist in the Division of Industry Productivity and Technology Studies, Bureau of Labor Statistics. 30 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis an average annual rate of 1.4 percent. Output fell at a rate of 1.4 percent, but this was more than offset by the rate of decrease in hours of 2.7 percent. In contrast to the first subperiod, productivity in the 1977-86 subperiod grew in the face of declining output. In the first subperiod, both output and hours were advancing. Productivity in this latter period was quite volatile, declining in 1982, 1985, and 1986, and increasing substan tially (10.3 percent) in 1981 as output declined by 0.5 percent and hours fell by 9.9 percent. Unlike most of the industries examined by the Bureau of Labor Statistics, there is little correlation between out put movements and changes in the business cycle for variety stores. Since the early 1970’s, demand for variety store products has been adversely affected by increasing competition from drug stores, supermarkets, discount stores, and specialty stores. This has been a crucial factor in the average annual output decline of 3.4 percent since 1972. A m ajor industry retailer declared bankruptcy in 1972. The vacuum left by this bankruptcy was not com pletely filled by other variety store operators and, as a result, industry output suffered. Industry structure and employment As their name suggests, variety stores offer the con sumer a broad selection of merchandise. Sales of apparel constitute the largest category as a proportion of total sales. Other m ajor categories include kitchenware and home furnishings; drugs, health, and beauty aids; sewing, knitting, and needlework goods; stationery and school supplies; toys; and curtains, draperies, and dry goods. The industry is characterized by moderate-size establishments. Almost half of the industry’s sales are transacted in estab lishments with 20 to 99 paid employees. By contrast, only about 7 percent of sales took place in stores with more than 100 employees in 1982. This is a very different situa tion from departm ent stores, which are also general merchandise stores. They transacted 84 percent of their sales in stores with more than 100 employees in 1982. As is the case with sales, about 54 percent of all paid employees worked in establishments with 20 to 99 em ployees in 1982. This proportion has remained relatively steady over time. From 1967 to 1972, the number of establishments in creased slightly— from 21,046 to 21,852. However, the total number of establishments in the industry has de clined since 1972. Most of the industry’s sales are trans acted by large chains. In 1982, about three-fourths of all sales took place in firms with 100 establishments or more. There were 12 such firms and they operated about 46 percent of the industry’s establishments. Between 1967 and 1986, the number of persons work ing in the variety store industry decreased by 18.0 percent, from 306,200 to 251,200. This represents an average an nual rate of decrease of 1.8 percent. The total hours of all persons declined at an average annual rate of 2.1 percent. This reflects a decline in the average weekly hours of nonsupervisory employees of 4.2 percent— from 30.7 to 29.4— and a rise in part-time workers. The work force of the variety stores industry consists of nonsupervisory employees, supervisory workers, partners and proprietors, and unpaid family workers. Nonsupervi sory employees make up the largest group, representing about nine-tenths of all variety store personnel in 1967. Their proportion of the total remained relatively constant throughout the period and stood at 87 percent in 1986. The number of self-employed workers fluctuated through out the period but declined overall, from 12,000 in 1967 to 9,000 in 1986. M arketing and sales occupations accounted for the bulk of the industry’s work force. In 1984, they repre sented about 67 percent of the total. The largest group is represented by salespersons, accounting for 40 percent of the industry total. Cashiers accounted for nearly 16 per cent and sales floor stock clerks for 6 percent. Managerial and management related occupations were the next larg est category and accounted for more than 14 percent of the total. Administrative support occupations, including clerical, were the third largest group and accounted for about 12 percent of the total. This group is largely domi nated by various types of clerical workers.3 Factors affecting productivity Productivity growth has been hindered by a number of factors. Declining industry output has contributed to the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 1. Variety stores indexes of output per hour of all persons and related data, 1967-86 (1977=100) Output per hour of all persons Output per person Output Hours of all persons All persons 1967......... 1968......... 1969......... 113.2 119.2 121.2 117.9 122.3 124.1 121.8 127.4 129.3 107.6 106.9 106.7 103.3 104.2 104.2 1970......... 1971......... 1972......... 1973......... 1974......... 126.1 118.1 126.7 121.2 119.7 131.5 124.9 134.0 126.8 122.5 136.4 133.1 141.1 139.4 132.5 108.2 112.7 111.4 115.0 110.7 103.7 106.6 105.3 109.9 108.2 1975......... 1976......... 1977......... 1978......... 1979......... 122.9 106.9 100.0 100.5 102.1 128.4 109.6 100.0 98.6 103.7 125.7 107.2 100.0 98.6 101.2 102.3 100.3 100.0 98.1 99.1 97.9 97.8 100.0 100.0 97.6 1980......... 1981......... 1982......... 1983......... 1984......... 107.3 118.4 112.5 119.7 123.7 107.9 116.3 113.0 121.9 124.8 94.5 94.0 90.6 91.2 94.6 88.1 79.4 80.5 76.2 76.5 87.6 80.8 80.2 74.8 75.8 1985......... 1986......... 114.3 101.2 114.8 102.0 91.7 86.5 80.2 85.5 79.9 84.8 Year Average annual rates of change (in percent) 1967-86 .. 1981-86 .. -0.5 -2.0 -0.7 -1.7 -2.6 -1.0 -2.1 1.0 -1.8 0.7 overall poor performance of productivity. Output peaked in 1972 and has been falling since. Although larger firms in the industry have been introducing and using sophisti cated electronic technology, many firms cannot afford such investments and therefore have been unable to utilize computer technology to improve the efficiency of store operations. Also, this technology has been entering the industry more in recent years, so it would have had a limited effect in the earlier years of this study. Because variety stores handle such a wide assortment of merchandise, they face tough competition from other retailers. Many competitors have expanded their mer chandise offerings, limiting the available market and pos sible scale economies for the variety store industry. Drug stores have provided competition in toiletries and non prescription drugs. Supermarkets have expanded their general merchandise items and traditional department stores, discount stores, and specialty stores all offer alter natives to the consumer. The low prices offered by many competitors have further held down variety store reve nues and reduced the capital available for investment in computer technology. Variety stores have also been adversely affected by the inability to locate in high sales volume areas. They have generally been unable to afford the rents associated with major shopping mall locations. Consequently, they have been unable to take advantage of the heavy shopper traffic which flows through these malls and shopping centers. This has had a negative effect on their merchandise turn31 M ONTHLY LABOR REVIEW October 1988 • Productivity In Variety Stores over. Lower merchandise turnover has resulted in a reduced ability to utilize the benefits of economies of scale. Mergers within the industry have led to increased con centration and the market share held by the largest chains has continued to increase. By 1982, the sales of the four largest firms were up to 61 percent from 51 percent in 1972. The economies of scale and greater financial strength of the largest chains has facilitated the introduc tion and utilization of computer technology. With all their retail outlets, they are better able to justify the in vestment in modern point-of-sale technology. However, the effect of this technology on the industry has been limited because many firms, especially smaller ones, are unable to afford the high cost of much of this equipment. Many firms in the industry have not utilized the advan tages of computer technology, but firms which could afford the investment in computers and point-of-sale tech nology have been able to derive a number of benefits. Inventory and the stocking of shelves can be controlled by computer technology.4 Coded information attached to merchandise can be picked up by optical character read ing devices at checkout registers or manually entered into the computer, thereby keeping track of sales volume.5 The computer can alert the appropriate personnel when the supply of certain items is getting low. In addition to elimi nating employee tim e required for m onitoring shelf stocks, a computer system can avert the loss of sales by monitoring inventory. The use of optical character recognition equipment in conjunction with computers or other memory-equipped devices removes the need to update price labels on indi vidual products. Price information for all items can be entered into the system ’s memory. The point-of-sale equipment reads the coded information on the product labels and the appropriate price to charge the customer can then be retrieved from the system’s memory. As prices change, information in the memory is updated, alleviating the need to reprice items on the shelves. Unfortunately, financial and other factors have limited the adoption of this equipment. Because of their capability to store information and make it readily accessible, computers have been used to perform recordkeeping and administrative functions and thus greatly reduce the amount of worktime required for these tasks. They can handle the payroll, accounts pay able, and accounts receivable. The word-processing ability of computers can reduce time spent on correspondence. Computers have also helped store operators increase sales by providing the necessary information to determine the best selling items so that ordering can focus on a more optimal product mix. 'The variety stores industry is designated as Standard Industrial Clas sification (sic) 5331. It consists of establishments primarily engaged in the retail sales of a variety of merchandise in the low and popular price ranges. Sales usually are made on a cash-and-carry basis, with the open selling method of display and customer selection of merchandise. These stores generally do not carry a complete line of merchandise, are not departmentalized, do not carry their own charge service, and do not deliver merchandise. 32 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Outlook for productivity Industry productivity growth should gain some benefit from continued diffusion of computers and wand reading or other such scanning equipment. The development of more affordable personal computers should lead to more widespread adoption of computer technology within the variety stores industry.6 Increasing industry concentra tion should also serve to make new technology more affordable to firms and thus hasten its adoption. Point-ofsale technology should become more widely used. This technology permits optical character recognition equip ment to be connected to computers so that information from coded merchandise can be automatically fed into a computer. In addition to the advantages of eliminating the need to update price stickers on merchandise, the marketing information gathered as a byproduct of mer chandise sales should be helpful in boosting sales volume. In addition to the expansion of current uses for com puters, new uses may also be developed. One possibility would be the use of computer-aided design to lay out stores more efficiently. Because store design and layout can influence merchandise turnover, the use of computers to help with this sort of planning is a definite possibility. Computers make it easier for planners to produce solu tions to “ what if’’ questions. Among other things, a planner can input whatever restrictions there will be in a given store and use the computer generated information to help in developing an optimum layout.7 Although these technologies are available to increase sales per employee in the industry, their diffusion will depend on im proved sales and capital expenditures. Declining demand has, to a large extent, limited produc tivity growth in the variety stores industry and this may be an im portant determinant of future trends in output per hour. Declining demand means smaller revenues to support investments in productivity enhancing equip ment. Even available technologies will probably continue to be adopted very slowly and often on a limited basis. Declining demand also means a reduced ability to utilize the advantages of economies of scale. These problems may well continue to limit any future improvements in productivity if the industry cannot halt the decline in its market. □ 2A11 average rates of change are based on the linear least squares trends of the logarithms of the index numbers. 5See Judith Morrison Lipton, “ O C R - A n Update,” pp. 46-48. 3Data for 1984-95 are from the Bureau of Labor Statistics, National Industry Occupational Matrix. 6See Jules Abend, “ p c ’ s,” S to r e s , October 1983, pp. 58, 61, 64, 68, and 72; and “ p c ’ s, Easier Software,” S to r e s , August 1985, pp. 25, 26, 27, 29, and 30. 4See “Variety Stores,” U .S. I n d u s tr i a l O u tlo o k (U.S. Department of Commerce, 1987), pp. 56-58. Also see C h a in S to r e A g e (General Mer chandise Ed.), April 1981, p. 17. 7See David P. Schulz, “Computer-Aided Design,” 1985, pp. 47, 48, 74.1. APPENDIX: July 1981, S to r e s , March Measurement techniques and limitations Indexes of output per hour of all persons measure changes in the relationship between the output of an in dustry and hours expended on that output. An index of output per hour is derived by dividing an index of output by an index of industry hours. The preferred output index for retail trade industries would be obtained from data on quantities of the various goods sold by the industry, each weighted (that is, multi plied) by the employee hours required to sell one unit of each good in some specified base period. This concept also embodies the services associated with moving the goods from the retail establishment to the consumer. Thus, those goods which require more retail labor are given more importance in the output index. Data on the quantities of goods sold usually are not available for trade industries, including variety stores. Therefore, real output was estimated by removing the effects of changing price levels from the current dollar value of sales. Because an adjustment for changing price levels usually lowers the dollar value, such a series is usually referred to as a deflated value measure. Output measures based on deflated value have two ma jor characteristics. First, they can reflect shifts in sales among products of different value which have the same unit labor requirements. (For example, if customers begin to purchase more unadvertised brands instead of “nation ally advertised” brands, dollar sales will decrease if the unadvertised brand is priced lower.) Thus, a change can occur in the output per hour index even if the labor re quired to sell the merchandise does not change. Second, the sales level, both in current and constant dollars, reflects differences in unit values for identical products sold in different types of establishments. For example, the unit value associated with a product sold in a self-service “discount” store may be lower than the unit value associated with the same product sold in a store that provides many sales clerks and delivery service. The out put measure, therefore, reflects changes in the level of service provided to customers insofar as differences in unit values reflect the differences in service among the various types of establishments. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis S to r e s , In addition to the deflated value technique, weights relating to labor importance were used to combine seg ments of the output index into a total output measure. The weights used were gross m argin weights. These weights, calculated for each merchandise line category, represent the percentage markup provided by the variety store industry. Gross margins are used in place of labor importance weights which are unavailable for this indus try. These procedures result in a final output index that is closer, conceptually, to the preferred output measure. The index of hours for the variety store industry is for all persons, that is, hours for paid employees, partners and proprietors, and unpaid family workers. As in all of the output per hour measures published by the Bureau of Labor Statistics, hours and employment in variety stores are each considered homogeneous and additive. Adequate information does not exist to weight the various types of labor separately. The indexes of output per hour relate total output to one input— labor time. The indexes do not measure the specific contribution of labor, capital, or any other single factor. Rather, they reflect the joint effect of many inter related influences such as changes in technology, capital investment, capacity utilization, store design and layout, skill and effort of the work force, managerial ability, and labor-management relations. No explicit adjustments were made to the measure for variety stores to take into account increases or decreases in some services provided to the consumer. Data are not available to measure the effect of any such changes. The basic sources for the output series for this measure consist of the total sales data and sales by merchandise line data reported by the U.S. Department of Commerce. The deflators were developed using various Consumer Price Indexes published by the Bureau of Labor Statistics. The gross margin weights were developed from data re ported by the U.S. Department of Commerce. The basic sources for the all person hour series consist of data on employment and hours published by the Bu reau of Labor Statistics and the Bureau of the Census, supplemented by data compiled for the Bureau of Labor Statistics by the Bureau of the Census. 33 Technical Notes Adjusting the c p i shelter index to compensate for effect of depreciation Walter F. Lane , William C. and Stephen A. Berenson Randolph , Beginning with the Consumer Price Index (cpi) for Janu ary 1988, the Bureau of Labor Statistics (bls) introduced an adjustment into the cpi shelter indexes for the phe nomenon known as “age bias.” The need to correct the shelter indexes (the rent index and the owners’ equivalent rent index) arises from the need to keep the quality of consumer items in the cpi market basket constant over the period for which price change is observed. The cpi measures price changes for urban consumers in the United States.1 It does this by following the prices of a sample of consumer goods and services called the cpi market basket. Using longitudinal surveys, the cpi tracks the prices of consumer goods and services in the market basket, comparing their current prices to those previously observed. The percent change in the cpi is an average of these price changes. For this to be an accurate measure of price change, it is critically important that the quality of the goods and services be identical in both periods for which prices are observed. The cpi measures price change for both renter-occu pied and owner-occupied housing with a longitudinal survey of housing units. The residential rent index, which is the measure of the change in the cost of renter-occupied shelter, is based on the movement of rents in the survey. Since 1983, the Bureau has also used the changes in the rents of rental units in the survey to estimate the change in the owners’ equivalent rent index, which measures the change in the cost of owner-occupied shelter.2 Currently, the Bureau does this by imputing an implicit rent for each owner-occupied unit in the survey from an initial estimate obtained at the first interview with the unit’s owner, and then periodically adjusting this estimate with the average rent change of similar renter-occupied housing units Walter F. Lane, William C. Randolph, and Stephen A. Berenson are economists in the Office of Prices and Living Conditions, Bureau of Labor Statistics. 34 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis nearby, bls agents ask for rent information from the rental units in the survey every 6 months. At each inter view they obtain the rent and services provided for the rent, bls computes the rent change for each sample unit and then averages the rent change. Following the same units— which provide services that rarely change— and computing the average rent change from the individual units’ rent changes avoids most apparent problems with quality changes between periods of rent comparison. Consequently, a large proportion of the sample appears to be of “constant quality.” In other words, the services offered in exchange for rent are the same at successive interviews. However, the Bureau has procedures to esti mate the value of and adjust for common changes in the services offered. For example, if an apartment's owner stops providing electricity as part of the rental services, the bls estimates its value and adds it to the rent for the current month. The estimated value depends on the elec trical appliances and size of the unit, and the climate and price of electricity in that area. Currently, bls does not estimate the value of changes such as the addition of a room or a bathroom. When a rental unit in the sample experiences such a change, the Bureau leaves it out of the cpi calculation for one period. Because quality changes of the types mentioned above occur quite rarely in the housing survey, there are rela tively few problems with them. However, following the same units over time introduces the possibility of a subtle but potentially significant quality change. Even though bls surveys the same set of housing units in successive periods, the quality of the units is not exactly the same because in the later period they are older and their quality is slightly lower. Of course, some housing units receive maintenance that slows and can even prevent them from wearing out. However, because most housing eventually wears out and is torn down or is closed down for complete rehabilitation, the housing stock as a whole— and there fore the average housing unit— clearly depreciates. Em pirical estimates of the physical depreciation show that it is small but significant. Measuring the age bias The question of how much housing depreciates during each period must be answered empirically. To do this, bls researchers3 used a hedonic regression model in which the logarithm of the rent of a housing unit is a function of (1) its structural characteristics— such as number of rooms, (2) its location, (3) services, such as utilities, included in the rent, (4) neighborhood characteristics, such as percent of the population with some college education, and (5) a set of six “depreciation” variables. The depreciation variables are the only variables in the model that depend directly on the age of the dwelling. The first two depreciation variables are (1) the age, (2) the age squared divided by 2. The others are variables interacting with age, namely: (3) age times a dummy for detached housing, (4) age times a rent control dummy, (5) age times the number of rooms, and (6) age times a dummy variable for very old units (built before 1900). (Table 1 lists all the variables, except the location variables, which are very numerous.) bls economists used data from the cpi housing survey and the 1980 Census of Housing to estimate the model. The data for the structural characteristics, location, ser vices included in the rent, age, and other data needed for the depreciation variables came from the cpi survey. Neighborhood characteristics data came from the small est published geographic levels of the 1980 census (usually the census block) containing the housing unit. The Census Bureau defined these areas to be relatively homogeneous with respect to population characteristics, economic sta tus, and living conditions.4 bls accounted for location by letting all regression parameters vary over the four census Table 1. National averages of parameter estimates in age bias adjustment model for selected variables (multipled by 100) Average -0.48 -.026 .06 -.37 .05 Structural characteristics Detached....................... Bedrooms..................... Other rooms.................. Complete kitchen.......... Dishwasher................... Washer/dryer............... 16.0 14.6 3.1 7.3 Oil heat......................... Electric heat................. Central air conditioning .... Window air conditioning.... Extra bathroom............ Rent control.................. -.21 .57 10.9 4.2 9.9 -7.5 11.0 6.6 Services included in rent Gas............................... Electric......................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Average Continued— Services included in rent Depreciation Age............................. Age‘ Rent control........ Age*Old..................... Age*Detached........... Age'Room s............... Item 4.2 7.3 Fuel oil.......................... Parking ......................... Furnishings................... Swimming pool.............. Other recreation........... 2.3 3.5 -2.6 4.3 1.7 Neighborhood characteristics (by percent) Renters......................... White............................. Large buildings.............. Two or more autos........ Without complete plumbing................... Air conditioned.............. Children age 6 to 1 8 ..... College students........... Families below poverty level.......................... Elderly over 6 5 .............. Mobile homes............... Unemployment.............. With college education.. -.05 .11 .08 -.036 -.63 -.065 -.13 -.04 -.15 .12 -.17 -.32 .46 regions and letting many of them vary across areas within regions. cpi pricing The model was estimated both with maximum likeli hood and with ordinary least squares regression methods. The maximum likelihood estimates are slightly more effi cient; however, the ordinary least squares estimates are much easier to obtain and they are unbiased. For this reason, the least squares method was chosen for comput ing the aging adjustments for the shelter indexes. To provide lower variance depreciation estimates for individual cpi areas, the Bureau uses a composite estima tion procedure5 that combines the regional depreciation estimate with that of the local area. Similar procedures are used elsewhere in the cpi— most notably in the calcu lation of base-period expenditure weights— to reduce variance. The hedonic regression model can be summarized with the following expression: (1) Log (rent) = /( 1 3 structural characteristics variables, various location and survey variables, 13 neighborhood characteristics variables, 7 dummy variables for services provided with rent, 6 depreciation variables, and a random error term) The function is linear in most of these variables. After bls estimated the coefficients using the data and the he donic regression techniques, this function became a formula that can project the log of rent for any unit for which the values of the explanatory variables are known. In addition, a coefficient estimated for a variable in such a semilog function (the log is taken of the dependent vari able only) can be interpreted as an approximation of the expected percentage change in the dependent variable (here, the rent) that will result from a unit change in the explanatory variable. For example, the national average of the coefficients for the structural characteristic variable “more than one bathroom” is about 0.099, which implies that a housing unit with an additional bathroom would have a rent about 10 percent higher than another housing unit in which all else was the same. Table 1 provides estimates in percentage terms of the effect of the regres sion variables on rent. Depreciation is the effect of aging on the quality of a housing unit. The partial derivative of the full equation with respect to age provides a formula for depreciation, which can be interpreted as the approximate percent change in rent (net of inflation) as the rental unit ages 1 year. Note that the only variables in the formula that contain age are the depreciation variables. When the par tial derivative is taken, the other terms drop out, leaving only the depreciation terms. Keep in mind that the inclu sion of other variables influences the estimates of the depreciation variables’ coefficents. 35 M ONTHLY LABOR REVIEW October 1988 • Technical Notes We can obtain depreciation as: (2) . . depreciation = 9log (rent) dage = g (depreciation variables) Depreciation, or the amount of quality change lost be cause the sample does not keep the age constant, can be found from this simpler formula. To derive the depreciation formula explicitly, we can rewrite equation (1), the hedonic regression for the loga rithm of rent, as: (3) log (rent) = a X + bj age + b2 (age2) + b3 age (number of rooms) + b4 age (very old unit) + b5 age (de tached housing) + b6 age (rent control), where X is a vector of the variables that do not measure depreciation and a is the vector of regression coefficients for the variables in vector X. The depreciation variables, which are all functions of the age of the housing unit, are listed individually. The derivative provides an explicit version of equation (2): (4) 9log (rent) r a®e = bj + 2b2 (age) + b3 (rooms) + b4 (very old unit) + b5 (detached) + b6 (rent control) Because none of the variables in vector X depends directly on the age of the unit, those variables do not appear in the derivative. Vintage effects The results from this approach to measuring the age bias are subject to possible error caused by vintage (or year built) effects. The regression coefficient estimates for the age variables (the depreciation variables) may reflect something other than the effect of aging. If the housing units built in a certain year are consistently better or worse than those built in years before or since, the regression would not be able to separate the effect of depreciation from the effect of vintage on the rent of a housing unit. For example, older homes that still survive may have been more soundly constructed, have more mature landscaping, or be in better locations than newer homes. On the other hand, newer homes may have better floor plans, insulation, appliances, equipment, wiring, and plumbing. To the degree that the market values newer houses more highly or less highly than older ones, the regression equation estimating the effect of age on the rent may be distorted. However, bls research6 on the subject indicates that the regression, by including structural and neighborhood variables, accounts for most vintage effects or that vintage effects that favor older housing are offset by other vintage effects favoring newer housing. The 36 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis model used to adjust the shelter indexes for depreciation ultim ately rests on the assum ption th at, when the regression contains such variables, vintage effects are negligible. In light of empirical evidence, such an assump tion is preferable to assuming—as the cpi implicitly did before aging adjustments began—that housing does not depreciate and that depreciation effects can be ignored. Results Equation (4) provides a way to estimate the deprecia tion of housing units for the cpi housing index and also provides adjustments for the cpi rent and owners’ equiva lent rent indexes. To minimize the variance that this new procedure introduces, bls uses the same adjustment for all housing units in a cpi area. To obtain the adjustment for each area, bls estimates the area’s average value for the depreciation variables with equation (4). The Bureau then uses the composite estimation procedure that com bines the adjustments estimated at the regional level with those from the local level to obtain the final local values. Table 2 gives the estimates of the corrections for the largest cpi areas. These are the annualized values, in percentage terms, of the corrections introduced in Janu ary 1988. They will be recomputed yearly using the same (or improved) methods with newer data, bls makes the adjustments by adding the estimated percent change from depreciation to the percent change in rent for each shelter index in each of the 85 cpi pricing areas. For example, if an area has an annual adjustment of, say, 0.3 percent, onetwelfth that amount (0.025) would be added to the per cent increase for the rent and owners’ equivalent rent indexes in each month of the year. In the future, bls may apply the corrections at smaller geographic levels, possi bly as low as the sample unit level. The adjustments in table 2 show relatively little variation in housing depreciation by region. This is a result of the composite estimation process described on the preceding Table 2. Age bias adjustments for selected metropolitan areas [In percent] Pricing area Annual adjustment Northeast New Y ork........................ Philadelphia.................... Boston ............................ Pittsburgh....................... Buffalo ....................... Annual adjustment South 0.36 .36 .36 .36 .35 Washington, d c ............... D allas.......................... Baltimore.................... Houston........................ Atlanta......................... Miami............................ .22 .24 .21 .24 .21 .22 .24 .23 Los Angeles.................. San Francisco.............. Seattle......................... San Diego.................. Portland, o r .................. Honolulu....................... Anchorage ................... Denver.................... Midwest Chicago.......................... Detroit........................... St. Louis......................... Cleveland........................ Minneapolis.................... Milwaukee....................... Cincinnati........................ Kansas C ity .................... Pricing area 0.17 .14 .17 .11 .17 .16 West .22 .23 .25 .21 .24 .22 .19 .24 page. Among the regions, the Northeast has the highest depreciation rates and therefore requires the largest adjust ment. This may reflect the effects of the severe climate, but it also results from the prevalence of rent control and multi unit housing in that region. The lower rates in the South result from the milder climate, more detached housing, and less rent control. CH --------- F O O T N O T E S --------'For a complete description of the Consumer Price Index, see chapter 19 of the b l s H a n d b o o k o f M e th o d s , Bulletin 2285 (Bureau of Labor Statistics, April 1988). 2Rental equivalence is described in the b l s H a n d b o o k o f M e th o d s , and in more detail in “Changing the Homeownership Component of the c p i to Rental Equivalence,” c p i D e ta ile d R e p o r t, January 1983, pp. 7-1 1 . 3The full development of the aging adjustment is described in William C. Randolph, “Housing Depreciation and Aging Bias in the Consumer Price Index,” J o u r n a l o f B u s in e ss a n d E c o n o m ic S ta tis tic s , July 1988, pp. 359-71. 4See C e n su s o f P o p u la tio n a n d H o u s in g reau of the Census, 1982), p. 221. T e c h n ic a l D o c u m e n ta tio n (Bu 5For a complete development of the composite estimation procedure, see William C. Randolph and Kimberly D. Zieschang, “Aggregation Consistent Restriction Based Improvement of Local Area Estimators,” P r o c e e d in g s o f th e B u s in e ss a n d E c o n o m ic s S e c tio n (American Statistical Association, January 1988). 6For a full development of the vintage effect question, see William C. Randolph, “Estimation of Housing Depreciation: Short-Term Quality Change and Long Term Vintage Effects,” J o u r n a l o f U rb a n E c o n o m ic s, March 1988, pp. 162-78. Establishment survey incorporates March 1987 employment benchmarks John B. Farrell With the release of data for May 1988, the Bureau of Labor Statistics introduced its annual revision of national estimates of employment, hours, and earnings from the monthly survey of establishments. The revision uses em ployment counts for March 1987 as a benchmark. As part of the annual benchmarking process, the Bureau also re vised seasonally adjusted series for the past 5 years, and computed new seasonal adjustment factors. Adjustment procedure Monthly estimates from the Current Employment Sta tistics (ces) survey are based on information collected from a sample of approximately 300,000 establishments. To help improve their accuracy, the Bureau adjusts ces estimates each year to new benchmarks. Benchmarks are John B. Farrell is an economist in the Division of Monthly Industry Employment Statistics, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis comprehensive counts of employment based primarily on mandatory unemployment insurance reports filed by em ployers with the State employment security agencies. The current revisions are based on March 1987 bench marks and affect all unadjusted series from April 1986 forward. As is the usual practice with the introduction of new benchmarks, the Bureau has also revised the season ally adjusted series from January 1983 forward and has published new seasonal adjustment factors to be used for the coming year. Current revisions. The March 1987 benchmark level for total nonagricultural employment— 100.4 million— was only 35,000, or 0.04 percent, below the corresponding sample-based estimate, resulting in one of the survey’s smallest benchmark revisions. The pattern of revisions was mixed across industry divisions, with downward revi sions in the goods-producing industries (-0.7 percent) being about offset by upward revisions in the serviceproducing industries (0.2 percent). Table 1 provides the revisions for March 1987 by industry division. New estimates were computed for April 1987 forward, based on the new March 1987 benchmark levels and re com puted seasonal adjustm ent and bias factors. In addition, the sample was redistributed into estimating cells that reflect their March 1987 employment size, and sample reports were added that had been received since the original estimates were made. The combined effect of the new benchmark level, recomputed seasonal and bias factors, the resized sample, and added late reporters re sulted in the new estimates generally showing larger over-the-month employment gains than previously re ported. The cumulative effect on the survey estimate from April 1987 through February 1988 was the addition of Table 1. Differences between nonagricultural employment benchmarks and estimates, by industry division, March 1987 [Numbers in thousands]____________________________________________ Difference Estimate Industry Benchmark Total nonagricultural.. 100,427 100,462 -3 5 Total private.................. Mining......................... Construction............... Manufacturing............ Transportation and public utilities............ 83,173 696 4,531 18,810 83,152 718 4,599 18,897 21 -22 -68 -8 7 (1) -3.2 -1.5 -.5 5,274 5,275 -1 Wholesale trade ......... Retail trade ................ Finance, insurance, and real estate.......... Services..................... 5,763 17,902 5,725 17,737 38 165 (1) .7 .9 6,443 23,754 6,478 23,723 -3 5 31 -.5 .1 Government.................. Federal ....................... S ta te .......................... Local.......................... 17,254 2,916 4,050 10,288 17,310 2,916 4,036 10,358 -5 6 0 14 -70 -.3 0 .3 -.7 Number Percent 0 ’ Less than 0.05 percent. 37 M ONTHLY LABOR REVIEW October 1988 • Technical Notes 364,000 workers to the estimate of total nonagricultural employment. (See table 2.) Sources o f the differences. Differences between the benchmark totals and the sample-based estimates are caused by both sampling and nonsampling error. Sam pling error occurs whenever inferences are drawn from a sample about its universe. Nonsampling error in the c e s survey has three major sources: (1) new firm bias, (2) procedures for handling changes in industrial classification, and (3) other errors of coverage, response, processing, and collection. New firm bias is attributed to the fact that the sample does not readily capture new firms, nor the employment growth from these firms. The survey’s sample design also places a higher probability of selection on firms with greater em ployment. This too creates bias problems, because small, newer firms tend to be responsible for an important por tion of the overall employment growth. Revisions to other data. Benchmarks are not available for the series on women, production or nonsupervisory workers, and hours and earnings. Women and production workers series are revised by applying the sample-derived ratio to the revised employment estimate at the basic cell level. These revisions are then summarized to the broader industry groupings. P roduction and nonsupervisory worker employment estimates are used as weights in the estimation of hours and earnings at aggregate industry levels. Benchmark revisions to employment may cause shifts in these weights, affecting summary level estimates of hours and earnings. Seasonal adjustment. Each year, employment, hours, and earnings data from the new benchmark are incorpo rated into the calculation of new seasonal adjustment factors. These new seasonal factors are applied to the 38 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 2. Differences in seasonally adjusted levels and over-the-month changes, total nonagricultural employment, April 1987-February 1988 [Numbers in thousands] Over-the-month changes Levels Month As revised As previously published Difference As revised As previously published Difference A pril........... May............ June........... July............ August....... 101,615 101,829 102,078 102,430 102,672 101,598 101,708 101,818 102,126 102,275 17 121 260 304 397 355 214 249 352 242 269 110 110 308 149 86 104 139 44 93 September.. October...... November... December... 102,906 103,371 103,678 104,001 102,434 102,983 103,285 103,612 472 388 393 389 234 465 307 323 159 549 302 327 75 -84 5 -4 104,262 104,729 103,827 104,365 435 364 261 467 215 538 46 -71 1987 1988 January...... February..... unadjusted m onthly estimates to produce seasonally adjusted estimates for the period April 1988 through March 1989. The Bureau uses the X - l l ARIMA seasonal adjustment method, an adaptation of the standard ratioto-moving average method, which provides for “moving” adjustment factors to take changing seasonal patterns into account. Publication o f revised estimates. Revised estimates for all c e s series appear in the June issue of Employment and Earnings, along with a more complete explanation of the benchmarking procedure and the new seasonal adjust ment factors. Revisions to historical series appear in the Supplement to Employment and Earnings, published in August. Estimates reflecting the new benchmarks appear in the Current Labor Statistics section of the Monthly Labor Review beginning with the July issue. Research Summaries bls to obtain a broader scope of pay data within current budgetary limits. White-collar pay in nonservice industries, March 1988 While the type of business that a firm performs influ ences salaries to a large extent, skill and experience continue to be prim ary determ inants of white-collar pay levels, as can be seen in table 2. Engineers, the sur vey’s most populous occupational group, demonstrate the effect of rising skill levels on pay: recent engineering grad uates (level I) averaged $29,592 annually in March 1988, while engineers responsible for highly complex engineer ing programs (level VIII) averaged $87,914.4 Likewise, salaries for accountants ranged from $22,198 for begin ners (level I) to $68,270 for those responsible for dev eloping complex accounting systems (level VI). In clerical and technical jobs, differing skill levels also contributed to wide variations in pay. Salaries for four levels of general clerks ranged from $11,150 a year for clerks who follow detailed procedures in performing simple and repetitive tasks (level I) to $20,642 for those who use knowledge and judgment to complete various nonroutine assignments (level IV). Pay for five levels of secretaries ranged from $17,577 to $30,823. Computer operators are classified on the basis of re sponsibility for problem solving, variability of assign ments, and scope of authority for corrective actions. Level I operators, whose work assignments consist of on-the-job training, averaged $15,039 a year. The largest group sur veyed, level II, averaged $18,452; the highest publishable level (V) recorded $30,900. Drafters averaged between $16,676 at level II (those who prepare simple, easily visualized drawings from sketches or marked-up prints) and $32,567 at level V C. Joseph Cooper, Jr . White-collar workers employed in mining and utilities typically earn more, on average, than their counterparts in such industry sectors as construction, manufacturing, trade, and finance. This is one of many findings from the Bureau of Labor Statistics’ March 1988 survey of whitecollar pay in private nonservice industries,1 (See table 1 for examples of pay relationships in selected occupations and industry divisions covered.) The study, commonly referred to as the patc survey, yielded average salary information for workers in 28 occupations (112 work lev els) spanning a broad range of duties and responsibilities. The results, however, cannot be compared with those from last year’s survey, which was limited to private serv ice industries.2 The March 1988 survey also reflects changes introduced in 1986 to broaden coverage of the white-collar pay survey to more industries and to smaller establishments by con ducting the survey in two segments: The private service industries in 1987 and the private nonservice industries in 1988.3 The 1988 survey findings will be combined with up dated information from the services establishments studied in 1987 to permit annual pay comparisons between Federal white-collar workers and their counterparts in private in dustry. Rotating industry coverage in alternate years allows C. Joseph Cooper, Jr., is an economist in the Division of Occupational Pay and Employee Benefit Levels, Bureau of Labor Statistics. Table 1. Relative pay levels by type of nonservice industry and selected occupations, March 1988 [All industries“ 100] Mining Construction Manufacturing Public utilities Wholesale trade Retail trade Finance, insurance, and real estate Accountants III .............................. Buyers I I ........................................ Computer programmers III............. Systems analysts I I ........................ Drafters III...................................... 110 120 111 109 123 103 104 97 90 86 101 99 101 100 98 104 110 103 105 116 98 104 100 96 95 95 102 99 99 92 94 98 97 98 99 Computer operators II.................... Accounting clerks II........................ Key entry operators I ..................... Secretaries III................................. General clerks III............................ 103 114 113 106 112 95 97 125 93 93 102 101 103 102 101 115 120 124 109 115 96 100 98 100 96 90 93 93 90 88 96 95 95 92 91 Selected occupations https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 39 M ONTHLY LABOR REVIEW October 1988 • Research Summaries Table 2. Average salaries in selected occupations, national survey of professional, administrative, technical, and clerical pay in the private nonservice industries, March 1988 Occupation and class Number of employees1 Average annual salaries2 Professional and administrative Accountants Accountants Accountants Accountants Accountants Accountants $22,198 27,093 33,293 42,140 53,453 68,270 1,423 2,452 3,418 1,869 23,473 28,359 34,753 42,434 I .. II. III IV 940 1,028 500 110 40,691 53.316 69.316 88,608 Attorneys I .............. Attorneys II.............. Attorneys III............. Attorneys IV............. Attorneys V ............. Attorneys V I............. 1,310 3,432 4,625 4,407 2,116 676 34,073 42,539 55,362 70,231 87,595 110,162 8,421 23,555 17,656 5,125 22,170 27,999 36,088 43,620 I ..... II..... III.... IV.... V .... 8,770 29,726 37,369 17,593 6,986 22,531 26,422 31,440 37,396 45,536 Systems analysts I................ Systems analysts II............... Systems analysts III.............. Systems analysts IV .............. Systems analysts V .............. 20,895 42,898 26,377 827 31,380 37,848 44,214 52,054 65,388 6,131 4,931 1,882 228 49,164 55,735 65,056 75,579 Auditors Auditors Auditors Auditors I ................ I I ............... III............... IV .............. Chief accountants Chief accountants Chief accountants Chief accountants Buyers Buyers Buyers Buyers I ................... I I .................. III ................ IV ................ Computer programmers Computer programmers Computer programmers Computer programmers Computer programmers Systems analyst managers Systems analyst managers Systems analyst managers Systems analyst managers I .. II. III IV Job analysts I I ....................... Job analysts I II..................... Job analysts IV ..................... Directors of Directors of Directors of Directors of personnel personnel personnel personnel I.. II. III IV Chemists I ... Chemists I I .. Chemists III . Chemists IV . Chemists V .. Chemists V I. Chemists VII Engineers Engineers Engineers Engineers Engineers Engineers Engineers Engineers 1.. . 11.. III . IV . V. V I. VII VIII . 8,021 40 Average annual salaries2 1,601 4,220 184 $23,443 28,545 35,059 Licensed practical nurses II 352 19,640 Engineering technicians I .. Engineering technicians II.. Engineering technicians III. Engineering technicians IV. Engineering technicians V . 3,930 13,496 28,498 31,375 17,341 17,879 21,317 25,028 30,043 34,742 Drafters II.......................... Drafters III......................... Drafters IV......................... Drafters V ......................... 9,375 16,971 15,097 8,749 16,676 21,345 26,535 32,567 Computer operators I ........ Computer operators II ...... Computer operators III...... Computer operators I V ..... Computer operators V ...... 6,635 30,874 23,538 6,480 1,001 15.039 18,452 22,846 27.040 30,900 Photographers I I ............... Photographers III .............. Photographers IV .............. 671 664 358 24,620 29,164 33,844 I .. II . III. IV 34,867 136,952 77,406 25,149 13,505 15,544 18,865 22,906 File clerks I .............. File clerks II............. File clerks III........... 15,068 9,695 2,278 11,082 13,113 16,452 Key entry operators I .............. Key entry operators I I .............. 59,276 29,675 13,817 18,434 Messengers............................ 8,068 12,952 3,165 4,936 3,599 1,559 14,399 17,761 21,178 24,713 4,524 7,178 4,047 1,033 14,518 18,245 23,398 31,292 17,577 19,640 22,530 25,858 30,823 Registered nurses I.. Registered nurses II. Registered nurses III Technical support Clerical Accounting Accounting Accounting Accounting clerks clerks clerks clerks 418 755 495 25.957 32.958 41,904 Personnel Personnel Personnel Personnel 1,717 2,421 1,042 301 42,091 50,589 70,900 87,696 Purchasing Purchasing Purchasing Purchasing 2,304 5,526 7,775 8,033 4,292 1,469 370 26,616 31,013 38,113 45,812 54,971 Secretaries I ..... Secretaries II .... Secretaries III.... Secretaries IV ... Secretaries M .... 47.787 55,333 105,161 41,150 11.788 clerks/assistants clerks/assistants clerks/assistants clerks/assistants I. II. III IV Stenographers I . Stenographers II 4,354 2,901 21,345 22,691 29.607 65,445 121,166 134,682 89,649 36.607 9,360 1,542 29,592 33,278 38,353 45,777 55,194 65,710 75,594 87,914 Typists I .............. Typists II............. 15,880 7,520 13,538 17,702 General General General General 16,138 70,787 74,803 37,957 11,150 13,543 16,723 20,642 clerks/assistants clerks/assistants clerks/assistants clerks/assistants I .. II . III. IV 66,011 79,759 ’ Occupational employment estimates relate to the total in all establishments within scope of the survey and not to the number actually surveyed. Excludes premium pay for overtime and for work on weekends, holidays, and late shifts. Also excluded are performance bonuses and lump-sum payments of the type negotiated in the auto and aerospace industries, as well as profit-sharing payments, attendance bonuses, Christmas or yearend bonuses, and other nonproduction bonuses. Cost-of-living allowances and incentive payments, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Number of employees1 Continued— Professional and administrative 15,209 33,353 45,508 23,190 7,506 1,448 I .. II. III IV V. VI Occupation and class clerks clerks clerks clerks I .. II . III. IV however, are included. Note: The following occupational levels were surveyed but insufficient data were obtained to warrant publication: chief accountant V; job analyst I; director of personnel V; chemist VIII; registered nurse IV; licensed practical nurse I and III; nursing assistant I-IV ; civil engineering technician l-V ; drafter I; computer operator VI; photographer I and V; and personnel clerk/assistant V. (work closely with designers preparing unusual, complex, or original designs). In contrast to contributing to wide variations in pay within a single profession, skill levels can also act as a source of pay uniformity for the same level of work among different occupations. The following tabulation shows a relatively narrow (8-percent) spread separated the highest and lowest paid of six equivalent work levels in the survey: Work level Annual salary level Director of personnel I I I ........... Attorney IV .................................. Chief accountant I I I ................... $70,900 70,231 69,316 Accountant VI ............................ Chemist VI .................................. Engineer V I .................................. 68,270 66,011 65,710 Unequal market demands, however, can nullify equiva lent skill level pay consistency, especially in entry level professional positions. Average pay for beginning engi neers in the survey, for example, was well above that of entry level accountants. A d e t a i l e d a n a l y s i s of white-collar salaries and com plete results of this year’s survey are forthcoming in the bulletin, National Survey o f Professional, Administrative, Technical, and Clerical Pay, March 1988. It will include salary distributions by occupational work level, tabula tions by establishment size, and relative employment and salary levels by nonservice industry division, such as man ufacturing, utilities, and trade. EH --------- F O O T N O T E S --------'The white-collar survey (National Survey of Professional, Adminis trative, Technical, and Clerical Pay— patc) is conducted by the Bureau of Labor Statistics, but survey occupations and coverage such as estab lishment size and the private industries to be included are determined by the President’s Pay Agent— the Secretary of Labor and the Directors of the Office of Management and Budget and the Office of Personnel Man agement. This arrangement reflects the use of patc findings in the pay setting process for Federal employees. The role of the patc survey is described in George L. Stelluto’s, “Federal pay comparability: facts to temper the debate,” M o n th ly L a b o r R e v ie w , June 1979, pp. 18-28. The 1988 survey covered establishments employing 50 or more work ers and primarily engaged in the following activities: Mining; con struction; manufacturing; public utilities (transportation, communica tions, electric, gas, and sanitary services); wholesale trade; retail trade; and finance, insurance, and real estate . 2See C. Joseph Cooper, Jr., “White collar salaries vary widely in the service industries,” M o n th ly L a b o r R e v ie w , November 1987, pp. 21—23. 3See John D. Morton, “bls prepares to broaden scope of its whitecollar pay survey,” M o n th ly L a b o r R e v ie w , March 1987, pp. 3 -7 . 4In the survey coding structure, the level designations among various occupations are not synonymous: for example, the first level of attorneys is comparable to the third level of engineers, accountants, and most other professional and administrative occupations. Classification of em ployees in the occupations and work levels surveyed is based on factors detailed in definitions which are available upon request. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis BLS sizes up pay and benefits in men’s shirt factories Individual earnings of production and related workers in m en’s and boys’ shirt and nightw ear m anufacturing plants varied substantially in June 1987, ranging from $3.35 an hour to more than $8 an hour. The index of wage dispersion, a statistical measure of such variation, was 43— among the highest recorded in the Bureau of Labor Statistics’ industry wage program.1 Contributing to this factor were the low incidence of single-rate pay systems (about 5 percent of the workers) and the relatively high incidence of incentive systems (80 percent). Production workers averaged $4.91 an hour in June 1987, according to a study by the Bureau of Labor Statis tics.2 This represents a 5-percent increase in earnings since a similar survey was conducted in May 1984.3 By comparison, the wage and salary component of the Bu reau’s Employment Cost Index for nondurable goods manufacturing industries rose 12 percent between the sec ond quarters of 1984 and 1987. Wages for a substantial portion of the industry’s work force also reflect a continued attachment to the Federal minimum wage. One-fourth of the workers earned $3.75 per hour or less in June 1987, within 40 cents of the Federal minimum hourly wage of $3.35. Average hourly earnings for the seven regions studied separately were between $5.83 in New England and $4.58 in the Pacific States, a spread of 27 percent. In the South east, where nearly three-fourths of the production work ers were employed, hourly earnings averaged $4.79. Twenty-three jobs representing the production proc ess, from the cutting of the fabric to the pressing and boxing of the finished garment, were selected for separate study. Plant wide, hourly averages ranged from $8.02 for sewing-machine repairers to $4.04 for thread trimmers. (See table 1.) The shirtmaking process begins in the cutting room where workers mark, spread out, or cut fabric using a power-cutting machine. Assemblers, who gather bundles of garment parts for distribution to sewing units, were the most numerous of the five jobs studied in this department. They averaged $4.93 an hour. Machine cutters were the highest paid workers in the department, averaging $6.36 an hour. Sewing department operations involve joining various garment sections, attaching buttons, or sewing button holes (sewing-machine operator); loading machines that automatically sew garment parts (machine loader); and inspecting the quality of work during shirt assembly (in termediate inspector). Sewing-machine operators were the largest occupational group, constituting nearly threefifths of the industry’s production work force. They 41 M ONTHLY LABOR REVIEW October 1988 • Research Summaries averaged $4.83 an hour. Occupational averages for other jobs in this department were between $4.86 (underpressers) and $5.28 (collar-top trimmers). Finishing operations include inspection, repair, and preparation of completed garments for sale. Averages for the seven jobs studied in the finishing department ranged from $4.04 for thread trimmers to $5.01 for garment folders. Nationwide, four-fifths of the workers were employed under incentive pay systems, typically individual piece rates. Among the one-fifth usually paid time rates were janitors, sewing-machine repairers, work distributors, and workers in cutting room occupations. V irtually all workers were in establishm ents with weekly work schedules of 40 hours. One-third of the work Table 1. Number of workers and average straight-time hourly earnings, men's and boys' shirt and nightwear manufacturing plants, selected occupations, United States and Southeast region, June 1987 United States' Department and occupation All production workers4.............. Men........................................ W om en.................................. Southeast2 Number of workers Average hourly earnings3 Number of workers Average hourly earnings3 59,383 5,327 54,056 $4.91 5.50 4.86 43,312 3,474 39,838 $4.79 5.59 4.72 786 177 655 212 758 4.93 5.93 6.36 5.50 5.24 611 110 478 175 571 4.95 5.73 6.19 5.25 5.01 284 105 570 1,600 33,397 30,683 270 5.16 5.28 5.04 5.10 4.83 4.80 4.86 205 66 394 1,390 25,141 23,323 150 4.90 4.97 4.94 5.13 4.69 4.68 4.39 1,261 2,012 1,224 392 443 4.78 5.01 5.02 4.99 4.90 891 1,594 1,021 259 343 4.75 4.97 4.97 4.88 4.91 2,179 1,348 867 170 4.80 4.78 4.70 4.04 1,530 836 541 124 4.51 4.53 4.45 3.83 566 607 340 203 1,463 4.43 8.02 5.22 5.22 4.78 437 486 233 146 1,051 4.36 8.05 5.13 5.04 4.78 Cutting room Assemblers............................... Clicker-machine operators......... Cutters, machine........................ Markers...................................... Spreaders.................................. Sewing department Collar pointers............................ Collar top trimmers.................... Inspectors, intermediate............ Loaders, machine..................... Sewing-machine operators5 ...... Dress and sport shirts........... Underpressers.......................... Finishing department Baggers and boxers................... Folders, garment5 ..................... Hand ...................................... Garment repairers..................... Inspectors, final (inspect only) ... Inspectors, final (and thread trimmers).................................. Pressers, finish5......................... H and...................................... Thread trimmers........................ Miscellaneous Janitors...................................... Repairers, sewing machine........ Shipping clerks.......................... Stock clerks.............................. Work distributors........................ 'Includes data for regions in addition to the Southeast region shown sepa rately. 2The Southeast region, as defined for this study, includes Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. Excludes premium pay for overtime and for work on weekends, holidays, and late shifts. 4lncludes data for workers in occupations in addition to those shown sepa rately. 5Overall occupation includes data for subclassifications not shown separately. 42 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ers were in plants reporting provisions for late-shift work; however, less than 5 percent actually were employed on late shifts at the time of the survey. Almost all production workers were in establishments providing paid holidays and vacations. Two-thirds of the workers received 5 to 8 holidays annually, while nearly one-fifth— mostly workers covered by Amalgamated Cloth ing and Textile Workers Union ( a c t w u ) contracts— were entitled to 11 paid holidays. Typical vacation provisions included 1 week of pay after 1 year of service and 2 or more weeks’ pay after 3 years; a third week after 10 years covered about two-fifths of the workers. The most liberal vacation plans were reported for workers in plants cov ered by a c t w u agreements. They consist of a two-tier system that provides 3 to 4 weeks’ vacation pay to work ers hired prior to September 1, 1985, and 1 to 3 weeks for workers hired on or after that date. Under the latter ar rangement, employees received 1 week of vacation pay after 1 year of service, 2 weeks after 2 years, and 3 weeks after 3 years. About nine-tenths of the workers were in establish ments providing at least part of the cost of life insurance and a variety of basic health benefits. Shirt factories pro viding insurance protection against large annual medical expenses (major medical insurance) and accidental death or dismemberment employed about seven-tenths of the workers. Slightly over two-fifths were protected, in part, against temporary income loss attributable to illness or an accident. Dental plans, however, covered about one-fifth of the workers. Retirement plans, usually financed wholly by employers, applied to three-fifths of the workers. Other common employer-provided benefits included pay adjustments for incentive workers whose production is halted because of a machine breakdown or other factors beyond a worker’s control (nine-tenths of the workers); minimum daily reporting pay (for example, 4 hours’ pay) for employees who report to work as scheduled, but have no work available (two-thirds of the workers); and auto matic adjustment of all job pay rates when there is a change in the Federal minimum wage (just over threefifths of the workers). A comprehensive report on the survey, Industry Wage Survey: Men's and Boys' Shirts and Nightwear, June 1987 (Bulletin 2304), may be purchased from the Superintendent of Documents, Government Printing Office, Washington, d c 20402, or from the Bureau of Labor Statistics, Publica tions Sales Center, P.O. Box 2145, Chicago, IL 60690. The bulletin provides additional information on occupational pay, and on the incidence of employee benefits. --------- F O O T N O T E S --------'The index of dispersion is computed by dividing the interquartile range (the difference between the third and first quartiles) by the median (the second quartile) and multiplying by 100. For a detailed analysis by industry of wage dispersion, see Carl B. Barsky and Martin E. Personick, “ Meas- uring wage dispersion: pay ranges reflect industry traits,” April 1981, pp. 35-41. M o n th ly L a b o r R e v ie w , 2Wage data are straight-time hourly earnings, excluding premium pay for overtime and for work on weekends, holidays, and late shifts. Cost-ofliving increases (but not bonuses) were included as part of the workers’ regular pay. Excluded were performance bonuses and lump-sum payments, as well as profit-sharing payments, attendance bonuses, Christmas or yearend https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis bonuses, and other nonproduction bonuses. The survey included establishments engaged primarily in manufacturing men’s, youths’, and boys’ shirts (including polo and sport shirts) and night wear, cut and sewn from purchased woven or knit fabric. 3For a discussion of the earlier survey, see In d u stry W a g e S u rv e y: M e n 's Bulletin 2232 (Bureau of Labor Statistics, 1985). a n d B o y s ’ S h irts a n d N ig h tw e a r, M a y 1 9 8 4 , MLR staff positions The Monthly Labor Review would like to hear from persons interested in future staff positions. Applicants should describe editing and econom ics skills and submit U.S. Form 171 to the editor-in-chief. A note on communications The Monthly Labor Review welcomes communications that supple ment, challenge, or expand on research published in its pages. To be considered for publication, com m unications should be factual and analytical, not polemical in tone. Communications should be addressed to the E ditor-in-C hief, M onthly Labor Review, Bureau of L abor Statistics, U.S. Department of Labor, Washington, DC 20212. 43 Major Agreements Expiring Next Month This list of selected collective bargaining agreements expiring in November is based on information collected by the Bureau’s Office of Compensation and Working Conditions. The list includes agreements covering 1,000 workers or more. Private industry is arranged in order of Standard Industrial Classification. I n d u s tr y o r a c tiv ity E m p lo y e r a n d lo c a t io n L a b o r o r g a n iz a t io n 1 N um ber of w orkers P r iv a te Construction................................ Heavy-Highway Labor Relations Council of Iowa (Iowa).................... Operating Engineers.......................... 1,200 Food products.............................. John Morrell & Co. (Sioux Falls, sd ) ..................................................... Chicago Midwest Meat Association (Chicago, il) ................................ Greater New York Milk Dealers Association (New York, ny ) ............ Food and Commercial Workers........ Food and Commercial Workers........ Teamsters .......................................... 2,700 3,000 3,000 Apparel........................................ American Schiffli Embroiderers Association (New Jersey)................... Textile W orkers................................ 2,000 Furniture ...................................... Industrial Relations Council of Furniture Manufacturers of Southern California (California) Carpenters.......................................... 1,000 Primary metals ............................ McLouth Steel Corp. (Michigan)........................................................... Steelworkers...................................... 2,000 Machinery.................................... Carrier Corp. (Syracuse, ............................................................................. Sheet Metal Workers........................ 2,200 Electrical products....................... Hughes Aircraft Co. (Los Angeles, ca ) .................................................. Bendix Corp., Autolite Division (Fostoria, oh ) ..................................... Carpenters.......................................... Auto Workers ................................... 12,000 1,150 Transportation equipment........... United Technologies Corp., Pratt and Whitney Division (Connecticut).. Machinists ......................................... 16,000 Communication ........................... General Telephone Co. of Illinois (Illinois)........................................... Electrical Workers ( ibew ) ................ 1,400 Utilities........................................ Michigan Consolidated Gas Co. (Michigan).......................................... Service Employees............................ 1,000 Retail trade................................... Food Employers Council, Inc. (Southern California)............................ Food and Commercial Workers........ 10,000 Real estate.................................... Chicago walk-up apartments (Illinois)................................................... Chicago fireproof buildings (Illinois)...................................................... Service Employees............................ Service Employees............................ 4,900 2,600 Hotels........................................... Greater Boston Hotel Association (Massachusetts).............................. Hotel Employees and Restaurant Employees 3,400 Services........................................ Associated Press (Interstate).................................................................. Newspaper Guild .............................. 1,400 Hospitals ...................................... Johns Hopkins University Hospital (Baltimore, m d ) ................................. Youngstown Hospital Association (Youngstown, oh ) .............................. Hospital and Health Care Employees .. Service Employees............................ 1,400 1,100 Education.................................... California: San Diego Board of Education, teachers ...................... Education Association (Ind.)............ 6,000 Services........................................ Ohio: State lottery and liquor store clerks .............................. Food and Commercial Workers........ 1,250 General government.................... Pennsylvania: Allegheny County Port Authority................................ Transit Union.................................... 2,600 ny) P u b lic 'Affiliated with AFL-CIO except where noted as independent (Ind.). 44 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Developments In Industrial Relations McCarthy selected to head Teamsters Jackie Presser, who had led the Teamsters union since 1983, died July 9. Presser had been on leave from the presidency of the 1.6-million member union since early May, when declining health forced him to turn over his duties to secretary-treasurer Weldon Mathis. Presser’s death came in the midst of developments that promised to thoroughly test the leadership of William J. McCarthy, who was selected by the union’s general exec utive board to complete the 3 remaining years of Presser’s term of office. Prior to the closed meeting of the board, Mathis was generally expected to be selected for the job, but McCarthy prevailed by a reported 9-to-7 vote. One of the major issues that presumably influenced the selection was dissatisfaction of the union’s leaders and rank-andfile members over the recently negotiated trucking con tract which M athis— with Presser’s assent— had declared to be ratified, although almost two-thirds of the voting employees had opposed it. Mathis and Presser contended the action was permitted under the union’s constitution. (See M onthly Labor Review, July 1988, pp. 3 9 -4 0 .) McCarthy, 69, a vice president of the union and leader of its New England Conference for more than 20 years, was among the union officials opposing Mathis’ decision. Another difficulty facing the union was a civil lawsuit filed by the Federal Government in late June. In the suit, filed under provisions of the Racketeer Influenced and C orrupt Organizations Act, the Federal Government charged that “ for decades . . . the i b t ’s [Teamsters] leadership had permitted La Cosa Nostra figures to domi nate and co rru p t im portant Team sters locals, joint councils, and benefit funds.” Named as defendants were Presser and the union’s 17 top officials, along with 26 al leged organized crime figures. According to U.S. Attorney Rudolph W. Giuliani who filed the suit, the Government was using the anti-racketeering law to “take back the union from the Mafia,” rather than “to take over the union.” Teamsters leader McCarthy, who was among those named in the suit, said there were a lot of “insinuations” against the union, but that he was confident “we will “Developments in Industrial Relations” is prepared by George Ruben of the Division of Developments in Labor-Management Relations, Bureau of Labor Statistics, and is largely based on information from secondary sources. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis come out just as clear as we were [before the suit] and have been.” Other labor leaders joined McCarthy in denouncing the Government’s action, a f l - c i o President Lane Kirk land called the suit a “clear abuse of the government’s prosecutorial power.” He contended that if the Justice Department has sufficient evidence that union officers have violated laws, it “should proceed against those indi viduals directly under laws which forbid convicted criminals from holding union office.” An early development in the case came in July when Federal Judge David Edelstein denied a Government re quest for the appointment of a liaison officer to oversee operation of the union. Judge Edelstein said that it would be imprudent to grant the Government’s request until he hears further evidence at the trial, scheduled to begin February 27, 1989. New United Motors, uaw settlement New United Motors Manufacturing Inc. and the Auto Workers ( u a w ) extended their peaceful collective bar gaining relationship, but the contract settlement was clouded when General M otors Corp. ( g m ) later an nounced it would cease producing its Nova cars at the Fremont, c a , plant, which is jointly owned by g m and Toyota M otors Corp. g m said that the decision was forced by slow sales of the Nova car model. The company indicated it was satisfied with the improvements in prod uct quality and productivity resulting from the joint venture, which utilizes Toyota’s personnel and produc tion approaches, g m also indicated that it was planning to begin manufacturing its new Geo Prism model in the plant. Toyota indicated that it would continue manufac turing its own models in the plant. The new 3-year contract provides for only one specified wage increase— 3 percent— in July 1990, but the 2,200 employees will continue to be the highest paid in the in dustry, according to the union. After the increase, the nearly 2,000 assemblers will be paid $15.46 an hour, and the 200 skilled trades workers will be paid $18.39, includ ing an 85-cent-an-hour cost-of-living allowance and 88 cents resulting from a change in the lunch period. By comparison, u a w members at one g m plant in Detroit currently make $14.39 an hour, according to the union. 45 MONTHLY LABOR REVIEW October 1988 • Developments in Industrial Relations Other pay provisions include continuation of quarterly cost-of-living pay reviews, using the same formula as in g m ’s wholly owned plants; an immediate $750 payment for signing the contract, followed in July 1989 by a pay ment equal to 3 percent of the employee’s earnings during the preceding 12 months; and a 10-cent-an-hour increase in the 50-cent premium paid to production team leaders, effective in July 1989. Other terms included— • Continuation of the policy adopted in the initial con tract (negotiated in 1985) of guaranteeing jobs for the employees, except in severe economic downturns. • A shift to a pension plan providing defined benefits, from a plan providing for a defined company payment. • Improved health and dental benefits. • Establishment of a joint committee to determine if a child care plan is needed, and if so, to negotiate the types of services to be provided. Textile Workers negotiate benefit gains at Bibb Co. In the textile industry, 2,600 workers in Roanoke Rap ids, n c , were covered by a settlement between the Bibb Co. and the Amalgamated Clothing and Textile Workers. The seven plants had been owned by J.P. Stevens & Co., which sold them to Bibb earlier in the year. At that time, Stevens’ other plants— which are generally nonunion— were acquired by West Point-Pepperel Inc. and Odyssey Partners (a New York investment firm). Each company had been attempting to acquire all of Stevens’ operations. Clyde Bush, an official of the union, described the Bibb agreement as important “in this age of takeovers and mergers in the textile industry” because the accord pro vided for an overall gain in benefits. The gains included a new pension plan providing for a benefit rate ranging from $7 a month for each year in which an employee earns $10,000—$11,000 to $9 a month for each year in which earnings are $16,000 or more. Previously, rates ranged from $5 to $7 a month. The new contract expires on March 31, 1991, but Bush said he expected that bargaining on wages and benefits would start in a few months, triggered by changes ex pected to be announced by nonunion companies. The first action occurred in August, when Spring Mills (a non union company) announced a 4.1-percent pay increase for its employees. Program will upgrade skills at General Dynamics More than 6,000 workers engaged in building armored vehicles for the Armed Forces were covered by a settle ment between General Dynamics Corp.’s Land Systems Division and the Auto Workers. The workers are located at plants in Warren and Sterling Heights, Ml; Lima, o h ; and Scranton, p a . 46 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The 3-year agreement does not provide for specified wage changes, but does call for an immediate lump-sum payment consisting of a $1,500 ratification bonus and an amount equal to 3 percent of the employee’s earnings during the preceding 12 months. In July of 1989 and 1990, the workers will receive additional payments, using the 3-percent formula. In addition, the provision for auto matic quarterly cost-of-living reviews was continued. General Dynamics also agreed to fund a $2 million joint training program to upgrade the skills of current employees and those laid off since January 1, 1988, to prepare them for new jobs in the company. Lockheed Corp. to close Los Angeles plant Lockheed Corp. announced the closing of its defense products plant in the Watts-Willowbrook section of Los Angeles. The plant, which manufactures subassemblies for Air Force C-5B cargo planes, was opened in 1970 to pro vide jobs to the minority community. Lockheed said that the closing was part of a 9,500-worker cutback at various plants resulting from the winding down of its contract to produce the C-5B. The Watts venture aided thousands of black and His panic residents in the area by providing training that enabled them to obtain jobs with Lockheed and other defense contractors in the region. Under the closing plan announced by Lockheed, the lease on the plant was to be transferred to d v Industries Inc., a defense contractor that shares the industrial park with the Lockheed plant. In conjunction with the closing announcement, Lock heed established a placement service which placed 22 of the employees with McDonnell Douglas Corp. d v Indus tries said it expected to hire a “few” of the workers when it takes over the facility in October. New York, Pennsylvania employees settle New York State concluded a round of bargaining with various unions when it settled with the Public Employees Federation for 57,000 employees. The settlement ended a month-long impasse that was triggered by the State’s de mand that members of the union pay more of their health insurance costs than members of some other unions. Ac cording to the State, the change was warranted because members of the unit have higher salaries and higher plan utilization rates than the other workers. To some extent, the State was successful on this issue, as the employees will begin paying $8 toward the cost of visits to doctors’ offices and hospital outpatient units, and for some other services. Employees are now also required to pay a larger share of premiums for health maintenance organizations. In the salary area, the workers received a 5-percent increase in June, followed by a 5-percent increase in April 1989 and 5.5 percent in April 1990. Prior to the settle ment, the average salary reportedly was $35,000 a year for the professional, scientific, and technical employees in the unit. The contract also extends overtime and standby pay to 12,000 more employees, beginning in 1990, and pro vides for a study of job stress and for several types of child care benefits, financed by the State up to about $5 million. Another settlement, which occurred a month earlier, involved 18,000 faculty and other professional employees of the State University of New York. This 3-year contract also provided for 5-, 5-, and 5.5-percent salary increases in the respective contract years. Elsewhere, the State of Pennsylvania and the State, County, and Municipal Employees settled for 47,000 of the 80,000 employees in the State’s executive branch. Pay, which averaged $19,481 according to the State, was increased by 5 percent on July 1 in each of the three contract years and by 1 percent on January 1, 1991. Other major provisions called for a cut in the 32 pay ranges to 14; a plan to reduce the 3,200 job classifications by an expected 33 percent; reductions in entry level pay rates to bring them into line with similar jobs in private industry; an 8-cent-an-hour increase in the State’s financ ing of health and welfare benefits; and up to 6 months’ unpaid leave for mothers or fathers at the birth or adop tion of a child (previously, only mothers were eligible, and only for births). percent of new staff nurses were not even completing their first year of service. At the time of settlement, there were about 6,500 nurses in the bargaining unit, m inistering to about 100,000 patients, compared with 6,800 nurses in February 1988 and 7,400 in August 1986. The contract, running to December 31, 1990, also pro vides for larger length-of-service salary step increases, raises shift differentials, and allows nurses to be credited with up to 5 years’ service outside the public hospital system. Previously, new nurses started at the minimum salary, regardless of previous experience. New York City links nurses’ pay to private sector • Restoration of a 65-cent-an-hour wage cut that senior clerks had taken in 1985. They will also receive two $500 lump-sum payments. • Pay increases totaling 89 cents an hour for part-time employees and 25 to 50 cents for others. • Lump-sum payments of $750 for some employees. • A clause permitting drug and alcohol testing only in cases where the employer can produce evidence of “just cause.” The clause also requires that drug tests must be repeated at least once to assure accuracy. Efforts to overcome a growing shortage of nurses led New York City’s Health and Hospital Corp. to agree to a contract provision linking the public nurses’ salaries to those of nurses employed by 14 private hospitals in the city. Under the new 37-month contract with the New York State Nurses Association, the minimum starting sal ary was raised to $27,000 a year retroactive to February 1, 1988, and to $28,235 on July 1, 1988, from $25,036. Un der the new comparability provision, the city nurses’ pay could be raised at 6-month intervals, based on the out come of surveys of salaries paid in the private hospitals. The pay guarantees are 90 percent of private salaries for staff nurses and assistant head nurses, 95 percent for head nurses, and 100 percent for supervising nurses. Robert W. Linn, head of the city’s Office of Municipal Labor Relations, said the new approach was vital to “at tract and retain a nursing staff.” He also said that the city had been losing 100 nurses a month and that nearly 40 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Grocery accord reached in St. Louis More than 11,000 employees of grocery stores in the St. Louis, m o , area were covered by a settlement, preserving a 54-year history of never having engaged in a general work stoppage. The workers, who are represented by the United Food and Commercial Workers, are employed in about 100 stores owned by the Schnucks, National, and Dierbergs chains of stores. Jack Valenti, president of Local 655 of the union, de scribed the 3-year contract as “reasonable,” noting that the employees had gained back some of the wage cut they had accepted in 1985. The contract terms include— Gains for the employers include provisions: • Allowing stores to remain open until 8 p.m. (formerly 6 p.m.) on New Year’s Eve. • Requiring new employees to work 6 months (formerly 4) before they become eligible for paid holidays. • Raising the eligibility requirement for full-time status to 34 hours of work (formerly 30) per week. • Extending the period new employees must work before becoming eligible for health and pension benefits. 47 Book Reviews An authoritative perspective Innovating to Compete: Lessons fo r Diffusing and Manag ing Change in the Workplace. By Richard E. Walton. San Francisco, c a , Jossey-Bass, Inc., Publishers, 1987. 361 pp. In recent years, the need for nations, industries, and firms to be “competitive” in an expanding global econ omy has captured the imagination of writers, politicians, business leaders, economists, and others who study or are affected by domestic and international competition. For some, competitiveness means the ability to sell or produce effectively in world markets, as in the auto industry. For others, the term has become synonymous with the need to reduce labor costs which often is manifested in worker give-backs or concessions. Some think of competitiveness in the context of product quality. All agree, however, that failure to be and remain competitive can lead to economic distress. The author believes that one of the m ajor needs for strong competitors is to be innovative, and to implement change and innovation as effectively and as quickly as possible. His thesis, presented in a model, is that certain essential propositions, or components, strongly influence the development, diffusion, and management of change. The first component is a “guiding model,” which is an expression of the vision brought to bear regarding innova tion and change in general. For example, a model that does not take into account the interests and needs of all stakeholders that would be affected by the innovation or change will undoubtedly fail. The second component, “economic necessity,” and the third, “social context,” are the forces that motivate inter ested parties to innovate and adapt to change. Without strong economic pressures, change comes slowly, if at all. Innovation and change also require a commonality of so cial values before effective innovation can be attempted. Stakeholders must believe that the social effects of innova tion are worth the effort, and in their best interests. The fifth is “competence,” or the capacity to implement and manage the innovation process. Here, the notion is that the best innovations will fail to be implemented unless there is competent management of the process. These https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis propositions or components constitute the framework for the author’s model(s) but are not equal in all situations. They can or should be weighted to give more attention and analytical value to the ones that are most important in a given situation. The author tested his model using the shipping industry which is and has been an important international industry dominated by several countries, including the United States. The eight countries analyzed in the study varied with respect to their capacity to innovate, depending upon the degree to which they felt economic pressure, the influ ences of social systems and values they had developed over time, and the institutional arrangements they had lived under, such as labor unions, government agencies involved in shipping regulation, government financial support, shipboard staffing rules, and so forth. Application of the model, no matter which components were used or which weights were applied, saw Norway, Holland, and Japan as High Innovators, the United King dom, Sweden, and West Germ any as only Moderate Innovators, and Denmark and the United States as Low Innovators. The United States was lowest of all, mainly because of weaknesses in certain key areas. One, “eco nomic necessity” as a motivator, was very weak in the United States because of government subsidy of the indus try and the move to extensive “Re-Flagging,” or the use of foreign flagged vessels to ship products to and from the United States. Institutionally, the U.S. maritime industry deals with several unions with considerable power. Work rules have kept work crews larger than for most countries, and there are requirements that only U.S. seamen may be hired for certain types of commercial shipping. The fact is that, except for social context, the United States is more influ enced than all of the other countries by negative factors which work against innovation and change. While this analytical framework was tested retrospec tively, the model(s) are certainly applicable to current or future considerations. If one were interested in determin ing the degree to which a firm, an industry, a plant, a country, or any other entity could be expected to innovate and implement changes that are required, this model would be most helpful. Finally, while competence in managing the process is clearly essential to effective implementation of innovation and change, there is another competence that the author sees as essential. He calls it “metacompetence,” or the ability to manage the context for innovative change. This capacity operates outside the “tactical” aspects of man agement; it is the “strategic” focus of being able to modify the basic components set forth in the model “to influence future activity.” In other words, to see the need for and help shape policies and legislation, develop incentives, shape values and beliefs, and work towards establishing institutional changes to facilitate innovation and change. This is an interesting and useful book. It provides an analytical framework that is usable, understandable, and makes good sense. It adds a significant dimension to the body of knowledge concerning readiness for innovation and change, and the essentials of effective implementation. — B en Burdetsk y Professor of Personnel and Labor Relations George Washington University Lundberg, Shelly, “Labor Supply of Husbands and Wives: A Simultaneous Equations Approach,” The Review o f Eco nomics and Statistics, May 1988, pp. 224-35. Martinez-Giralt, X. and D. J. Neven, “Can Price Competition Dominate Market Segmentation?” The Journal o f Indus trial Economics, June 1988, pp. 431-42. Ruhm, Christopher J., “ When ‘Equal O pportunity’ Is Not Enough: Training Costs and Intergenerational Inequality,” The Journal o f Hum an Resources, Spring 1988, pp. 155-72. Verbrugge, Lois M., “A Life-and-Death Paradox,” American Demographics, July 1988, pp. 34-37. Econom ic growth and development Drazen, Allan and Zvi Eckstein, “On the Organization of Rural Markets and the Process of Economic Development,” The American Economic Review, June 1988, pp. 431-43. Faulhaber, Gerald and William J. Baumol, “Economists as In novators: Practical Products of Theoretical Research,” Journal o f Economic Literature, June 1988, pp. 577-600. “ Investment, Growth and Jobs,” The 1988, pp. 13-15. o e c d Observer, June-July “Papers and Proceedings of the One-Hundredth Annual Meet ing of the American Economic Association, Chicago, i l , Dec. 28-30, 1987,” The American Economic Review, May 1988, entire issue. Solow, Robert M., “Growth Theory and After,” The American Economic Review, June 1988, pp. 307-17. Publications received Education Agriculture and natural resources Kornbluh, Joyce L., A New Deal fo r Workers' Education: The Workers' Service Program, 1933-1942. Champaign, Uni versity of Illinois Press, 1987, 175 pp. $24.95. “Agricultural Reform: A Long Row to Hoe,” The server, Ju ne-July 1988, pp. 16-19. o e c d Ob “Conference on the Future of Prairie Agriculture,” Au Courant, Vol. 9, No. 1, 1988, pp. 2 -7 . Econom ic and social statistics Benninga, Simon and Eli Talmor, “The Interaction of Corporate and Government Financing in General Equilibrium,” The Journal o f Business, April 1988, pp. 233-58. Bhote, Keki R., World Class Quality: Design o f Experiments Made Easier, More Cost Effective Than s p c . New York, American Management Association, AMA Membership Publication Division, 1988, 159 pp. $10; $7.50 to members. Bliss, Christopher, “A Theory of Retail Pricing,” The Journal o f Industrial Economics, June 1988, pp. 375-91. Chan, K. C., “On the Contrarian Investment Strategy,” Journal o f Business, April 1988, pp. 147-63. Deaton, Angus, “Quality, Quantity, and Spatial Variation of Price,” The American Economic Review, June 1988, pp. 418-30. National Education Association, Estimates o f School Statistics, 1987-88, As Provided by the State Departments o f Educa tion. Washington, 1988, 44 pp. $12.95, paper. Available from NEA Professional Library, P.O. Box 509, West H a ven, c t . 06516. Industrial relations Anderson, Arvid and Loren A. Krause, “Interest Arbitration: The Alternative to the Strike,” Fordham Law Review, No vember 1987, pp. 153-79. British-North American Committee, New Departures in Indus trial Relations: Developments in the U.S., the U.K. and Canada. W ashington, N ational Planning A ssociation, 1988, 71 pp. (Occasional Paper, n p a 234.) $7, paper. Coleman, Charles J., “Grievance Arbitration in the Public Sec tor: Status, Issues, and Problems,” Journal o f Collective Negotiations in the Public Sector, Vol. 17, No. 2, 1988, pp. 89-103. Fulcher, James, “On the Explanation of Industrial Relations Diversity: Labour Movements, Employers and the State in Britain and Sweden,” British Journal o f Industrial Rela tions, July 1988, pp. 246-74. Gibbons, Robert S., Learning in Equilibrium Models o f Arbitra tion. Cam bridge, m a , N ational Bureau of Econom ic Research, Inc., 1988, 38 pp. (Working Paper Series, 2547.) $2, paper. Hundley, Greg, “Education and Union Membership,” British Journal o f Industrial Relations, July 1988, pp. 195-201. Kiefer, Nicholas M., “Economic Duration D ata and Hazard Functions,” Journal o f Economic Literature, June 1988, pp. 646-79. Hunter, Laurie, “Unemployment and Industrial Relations,” British Journal o f Industrial Relations, July 1988, pp. 202-28. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 49 M ONTHLY LABOR REVIEW October 1988 « Book Reviews Mills, Miriam K., “Technology for Conflict Resolution: A Pre liminary Pacing of the T errain,” Journal o f Collective Negotiations in the Public Sector, Vol. 17, No. 2, 1988, pp. 115-29. Ormsby, Joseph G. and Susan Y. Ormsby, “The Effect of Unionization on Faculty Job Satisfaction: A Longitudinal Study,” Journal o f Collective Negotiations in the Public Sec tor, Vol. 17, No. 2, 1988, pp. 153-60. Parker, Mike and Jane Slaughter, Choosing Sides: Unions and the Team Concept. Boston, South End Press, 1988, 229 pp. $16, paper. Available from Labor Notes, Detroit, m i . Rubin, Beth A., “ Inequality in the Working Class: The Unantic ipated Consequences of Union Organization and Strikes,” Industrial and Labor Relations Review, July 1988, pp. 553-66. Silver, Edward and Joan Mcavoy, “The National Labor Rela tions A ct at the C rossroads,” Fordham Law Review, November 1987, pp. 181-208. Tysse, G. John, The Immigration Reform and Control Act o f 1986: A Handbook on Employer Sanctions and Nondiscrim ination R equirem ents. 2d. ed. W ashington, N ational Foundation for the Study of Employment Policy, 1988, 287 pp. $25, paper. U.S. Department of Labor, Labor-Management Cooperation at Eastern Air Lines. Washington, U.S. Department of Labor, Bureau of Labor-Management Relations and Cooperative Programs, 1988, 89 pp., bibliography. (BLMR-Report, 118.) International economics Fujita, Natsuki and William E. James, “Exports and Technolog ical Changes in the Adjustm ent Process of the Japanese Economy in the 1970s,” Hitotsubashi Journal o f Economics, December 1987, pp. 107-22. Gemmell, Norman, “Debt and the Developing Countries: A Simple Model of Optimal Borrowing,” The Journal o f De velopment Studies, January 1988, pp. 197-213. Perkins, Dwight Heald, “Reforming China’s Economic Sys tem ,” Journal o f Economic Literature, June 1988, pp. 601-45. Stockman, Alan C. and Alejandro Hernández D., “Exchange Controls, Capital Controls, and International Financial Markets,” The American Economic Review, June 1988, pp. 362-74. Labor and economic history Blewett, Mary H., Men, Women, and Work: Class, Gender, and Protest in the New England Shoe Industry, 1780-1910. Champaign, University of Illinois Press, 1988, 444 pp. $29.95. Gordon, Andrew, The Evolution o f Labor Relations in Japan: Heavy Industry, 1853-1955 Cambridge, m a , H arvard University Press, 1988, 524 pp. (Harvard East Asian Mono graphs, 117.) $25, cloth; $14, paper. Kaufman, Stuart B., ed., The Sam uel Gompers Papers: Vol II, The Early Years o f the American Federation o f Labor, 1887-90. Champaign, University of Illinois Press, 1987, 495 pp. $39.95. 50 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Labor force Bednarzik, Robert W., “The ‘Quality’ of U.S. Jobs,” The Service Industries Journal, April 1988, pp. 127-35. Brockner, Joel and others, “Survivors’ Reactions to Layoffs: We Get by with a Little Help for Our Friends,” Administrative Science Quarterly, December 1987, pp. 526-41. Freeman, Richard B., Evaluating the European View that the U.S. has No Unemployment Problem. Cambridge, m a , N a tional Bureau of Economic Research, Inc., 1988, 12 pp. (Working Paper Series, 2562.) $2, paper. Great Britain, Department of Employment, “Labour Force Out look to 1995,” Em ploym ent Gazette, M arch 1988, pp. 117-29. Jencks, Christopher, Lauri Perman, Lee Rainwater, “What Is a Good Job? A New Measure of Labor-Market Success,” American Journal o f Sociology, May 1988, pp. 1322-57. Metz, Manuel, A Methodological Approach to the Study o f Changes in Labor Force Patterns. Washington, Organiza tion of American States, Inter-American Statistical Insti tute, 1988, 157 pp. $11, paper. Stipp, Horst H., “What Is a Working Woman?” American De mographics, June 1988, beginning on p. 24. “ The G reat American Job M achine,” The Ju n e-Ju ly 1988, pp. 9-12. o e c d Observer, M onetary and fiscal policy Benninga, Simon and Eli Talmor, “The Interaction of Corporate and Government Financing in General Equilibrium,” Jour nal o f Business, April 1988, pp. 233-58. Fosler, R. Scott, “Economic Development: A Regional Chal lenge for the H e a rtla n d ,” Econom ic Review, Federal Reserve Bank of Kansas City, May 1988, pp. 10-19. Smith, Tim R., “Economic Development in the Nation’s H eart land: Issues and Strategies,” Economic Review, Federal Reserve Bank of Kansas City, May 1988, pp. 3 -8 . Wages and compensation “Earnings of Women and M inorities— Two Studies: Trends in Earnings Differentials by Gender, 1971-81,” by Francine D. Blau and Andrea H. Beller; “The Earnings of Women and Ethnic Minorities, 1959-79,” by Leonard A. Carlson and Caroline Swartz, Industrial and Labor Relations R e view, July 1988, pp. 513-52. Holzer, Harry J., Lawrence F. Katz, Alan B. Krueger, Job Queues and Wages: New Evidence on the M inim um Wage and Inter-Industry Wage Structure. Cambridge, m a , N a tional Bureau of Economic Research, Inc., 1988, 33 pp. (Working Paper Series, 2561.) $2, paper. Meyer, Bruce D., Unemployment Insurance and Unemployment Spells. Cambridge, m a , National Bureau of Economic Re search, Inc., 1988. (Working Paper Series, 2546.) $2, paper. New York State Department of Labor, Annual Report o f the State Advisory Council on Employment and Unemployment Insurance, 1987. Brooklyn, n y , New York State D epart ment of Labor, State Advisory Council on Employment and Unemployment Insurance, 1988, 75 pp. Snipp, C. Matthew and Gary D. Sandefur, “Earnings of Ameri can Indians and Alaskan Natives: The Effects of Residence and M igration,” Social Forces, June 1988, pp. 994-1008. Current Labor Statistics Schedule of release dates for major statistical series .................................................................................................... 52 Notes on Current Labor Statistics ............................................................................................................................................................ 53 bls Comparative indicators 1. Labor market indicators........................ 2. Annual and quarterly percent changes in compensation, prices,and productivity.................................................................................. 3. Alternative measures of wage and compensation changes........................................................................................................................... 63 64 64 Labor force data 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. Employment status of the total population, data seasonally adjusted........................... Employment status of the civilian population, data seasonally adjusted ......... Selected employment indicators, data seasonally adjusted.......................................................................................................................... Selected unemployment indicators, data seasonally adjusted..................................................................................................................... Unemployment rates by sex and age, data seasonally adjusted.................................................................................................................. Unemployed persons by reason for unemployment, data seasonally adjusted ......................................................................................... Duration of unemployment, data seasonally adjusted.................................................................................................................................. Unemployment rates of civilian workers, by State........................................................................................................................................ Employment of workers by State ..................................................................................................................................................................... Employment of workers by industry, data seasonallyadjusted......... .......................................................................................................... Average weekly hours by industry, dataseasonally adjusted.......................................... Average hourly earnings by industry............................................................................................................................................................... Average weekly earnings by industry.................. ............................................................................................................................................. Hourly Earnings Index by industry.............................................................................. .................................................................................. Indexes of diffusion: proportion of industries in which employment increased, seasonally adjusted................................................ Annual data: Employment status of the noninstitutional population........................................................................................................ Annual data: Employment levels by industry ................................ Annual data: Average hours and earnings levels by industry.................... 65 66 67 68 69 69 69 70 70 71 72 73 74 75 75 76 76 77 Labor compensation and collective bargaining data 22. 23. 24. 25. Employment Cost Index, compensation, by occupation and industry group........................................................................................... Employment Cost Index, wages and salaries, by occupation and industry group .................................................................................. Employment Cost Index, private nonfarm workers, by bargaining status, region, and area size............... Specified compensation and wage adjustments from contract settlements, and effective wage adjustments, situations covering 1,000 workers or more........................................................................................................................................................................ 26. Average specified compensation and wage adjustments, bargaining situations covering 1,000 workers or m ore............................ 27. Average effective wage adjustments, bargaining situations covering 1,000 workers or more............................................................... 28. Specified compensation and wage adjustments, State and local government bargaining situations covering 1,000 workers or more ................................................................................................................................................................ ................................. 29. Work stoppages involving 1,000 workers or m ore........................................................................................................................................ 78 79 80 81 81 82 82 82 Price data 30. Consumer Price Index: U.S. city average, by expenditure category and commodity and service groups .......................................... 31. Consumer Price Index: U.S. city average and local data, all item s............................................................................................................ 32. Annual data: Consumer Price Index, all items and major groups.............................................................................................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 83 86 87 51 33. Producer Price Indexes by stage of processing .............................................................................................................................................. 88 34. 35. 36. 37. 38. 39. 40. 41. 89 89 90 91 92 92 92 93 Producer Price Indexes, by durability of product......................................................................................................................................... Annual data: Producer Price Indexes by stage of processing..................................................................................................................... U.S. export price indexes by Standard International Trade Classification................................................................................................ U.S. import price indexes by Standard International Trade Classification.............................................................................................. U.S. export price indexes by end-use category.......................................................... U.S. import price indexes by end-use category.............................................................................................................................................. U.S. export price indexes by Standard Industrial Classification................................................................................................................. U.S. import price indexes by Standard Industrial Classification................................................................................................................. Productivity data 42. Indexes of productivity, hourly compensation, and unit costs, data seasonally adjusted..................................................................... 43. Annual indexes of multifactor productivity.................................................................................................................................................... 44. Annual indexes of productivity, hourly compensation, unit costs, and prices ...................................................... ................................. 93 94 95 International comparisons 45. Unemployment rates in nine countries, data seasonally adjusted .............................................................................................................. 46. Annual data: Employment status of civilian working-age population, ten countries............................................................................. 47. Annual indexes of productivity and related measures, twelve countries........................................... ...................................................... 96 97 98 Injury and illness data 48. Annual data: Occupational injury and illness incidence rates .............................................................................................. ..................... 99 Schedule of release dates for BLS statistical series Series Release date Period covered Release date Period covered Release date Period covered MLR table num ber E m p lo y m e n t s itu a tio n ....................................... O c to b e r 7 S e p te m b e r N ovem ber 4 O c to b e r D ecem ber 2 N ovem ber 1; 4 - 2 1 P r o d u c e r P ric e I n d e x ......................................... O c to b e r 14 S e p te m b e r N o v e m b e r 10 O c to b e r D e c e m b e r 16 N ovem ber 2; 3 3 - 3 5 C o n s u m e r P ric e In d e x ..................................... O c to b e r 21 S e p te m b e r N o ve m b e r 22 O c to b e r D e ce m b e r 20 N ovem ber 2; 3 0 - 3 2 R e a l e a r n i n g s ......................................................... O c to b e r 21 S e p te m b e r N o ve m b e r 22 O c to b e r D e cem b er 20 N ovem ber 1 4 -1 7 E m p lo y m e n t C o s t I n d e x ................................... O c to b e r 2 5 3 rd q u a rte r M a jo r C o lle c tiv e B a r g a in in g S e ttle m e n ts O c to b e r 2 6 1 s t 9 m o n th s U .S . Im p o r t a n d E x p o r t P ric e In d e x e s . . . O c to b e r 2 7 3 rd q u a rte r 1 -3 ; 2 2 -2 4 3; 2 5 - 2 8 3 6 -4 1 P r o d u c tiv it y a n d c o s ts : N o n fin a n c la l c o r p o r a t i o n s .......................... N ovem ber 2 3 rd q u a rte r O c c u p a t io n a l Illn e s s e s a n d I n j u r i e s .......... 52 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2; 4 2 - 4 4 D ecem ber 5 N o n fa rm b u s in e s s a n d m a n u f a c tu r in g N o v e m b e r 15 1987 3 rd q u a rte r 2; 4 2 - 4 4 48 NOTES ON CURRENT LABOR STATISTICS This section of the R e v ie w presents the principal statistical series collected and calculated by the Bureau of Labor Statistics: series on labor force, employment, unemployment, collective bargaining settle ments, 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. changes in price. These adjustments are made by dividing current dollar values by the Consumer Price Index or the appropriate component of the index, then multiplying by 100. For example, given a current hourly wage rate of $3 and a current price index number of 150, where 1977 = 100, the hourly rate expressed in 1977 dollars is $2 ($3/ 150 X 100 = $2). The $2 (or any other resulting values) are described as “real,” “constant,” or “ 1977” dollars. Additional Information 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 pf past experience. 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 -3 , 4 -1 0 , 13, 14, 17, and 18.) Beginning in January 1980, the BLS introduced two major modifications in the seasonal adjustment meth odology for labor force data. First, the data are seasonally adjusted with a procedure called x -1 1 a r i m a , which was developed at Statistics Canada as an extension of the standard x - 1 1 method previously used by bls. A detailed description of the procedure appears in T h e x - 1 1 a r i m a S e a s o n a l A d ju s tm e n t M e th o d by Estela Bee Dagum (Statistics Canada, Catalogue No. 12-564E, February 1980). The second change is that seasonal factors are calculated for use during the first 6 months of the year, rather than for the entire year, and then are calculated at midyear for the July-December period. However, revisions of historical data continue to be made only at the end of each calendar year. Seasonally adjusted labor force data in tables 1 and 4 -1 0 were revised in the February 1988 issue of the R e v ie w , to reflect experience through 1987. Annual revisions of the seasonally adjusted payroll data shown in tables 13, 14, and 18 were made in the July 1988 R e v ie w using the x-11 arima seasonal adjustment methodology. New seasonal factors for productivity data in table 42 are usually introduced in the September issue. Seasonally adjusted indexes and percent changes from month to month and from quarter to quarter are published for numerous Consumer and Producer Price Index series. However, seasonally adjusted indexes are not published for the U.S. average All Items cpi. Only seasonally adjusted percent changes are available for this series. Adjustments for price changes. Some data—such as the Hourly Earnings Index in table 17—are adjusted to eliminate the effect of Data that supplement the tables in this section are published by the Bureau in a variety of sources. News releases provide the latest statistical information published by the Bureau; the major recurring releases are published according to the schedule preceding these general notes. More information about labor force, employment, and unem ployment data and the household and establishment surveys underlying the data are available in E m p lo y m e n t a n d E a rn in g s, a monthly publication of the Bureau. More data from the household survey are published in the data books— R e v is e d S e a s o n a lly A d ju s te d L a b o r F o rce S ta tis tic s , Bulletin 2306, and L a b o r F o rc e S ta tis tic s D e r iv e d F ro m th e C u r r e n t P o p u la tio n S u rv e y, Bulletin 2307. More data from the establish ment survey appear in two data books— E m p lo y m e n t, H o u rs, a n d E a rn in g s , U n ite d S ta te s , and E m p lo y m e n t, H o u rs, a n d E a rn in g s, S ta te s a n d A re a s, and the supplements to these data books. More detailed information on employee compensation and collective bargaining settlements is published in the monthly periodical, C u r r e n t W a g e D e v e lo p m e n ts . More detailed data on consumer and producer prices are published in the monthly periodicals, T h e C P I D e ta ile d R e p o r t, and P r o d u c e r P r ic e I n d e x e s . Detailed data on all of the series in this section are provided in the H a n d b o o k o f L a b o r S ta tis tic s , which is published biennally by the.Bureau, bls bulletins are issued covering productivity, injury and illness, and other data in this section. Finally, the M o n th ly L a b o r R e v ie w carries analytical articles on annual and longer term developments in labor force, employment, and unemployment; em ployee compensation and collective bargaining; prices; productivity; international comparisons; and injury and illness data. Symbols 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 may also reflect other adjustments. n.e.c. = not elsewhere classified, n.e.s. = not elsewhere specified. COM PARATIVE 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 (eci) program. The labor force participation rate, the employment-to-population ratio, and https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis unemployment rates for major demographic groups based on the Current Population (“household”) Survey are presented, while meas ures of employment and average weekly hours by major industry sector are given using nonagricultural 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. 53 MONTHLY LABOR REVIEW October 1988 • Current Labor Statistics 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; and the overall export and import price indexes are given. Measures of productivity (output per hour of all persons) are provided for major sectors. Alternative measures of 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. For detailed descriptions of each data series, see b l s H a n d b o o k o f M e th o d s , Bulletin 2285 (Bureau of Labor Statistics, 1988), as well as the additional bulletins, articles, and other publications noted in the separate sections of the R e v ie w 's “Current Labor Statistics Notes.” Users may also wish to consult M a jo r P r o g r a m s, B u r e a u o f L a b o r S ta tis tic s , Report 718 (Bureau of Labor Statistics, 1985). EM PLO Y M EN T AND U N EM PLO YM EN T DATA (Tables 1; 4 -21) Household survey data population ratio is total employment (including the resident Armed Forces) as a percent of the noninstitutional population. Description of the series Notes on the data 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 55,800 households selected to represent the U.S. population 16 years of age and older. Households are interviewed on a rotating basis, so that three-fourths of the sample is the same for any 2 consecutive months. From time to time, and especially after a decennial census, adjust ments are made in the Current Population Survey figures to correct for estimating errors during the preceding years. These adjustments affect the comparability of historical data. A description of these adjustments and their effect on the various data series appear in the Explanatory Notes of E m p lo y m e n t a n d E a rn in g s. Data in tables 4 -1 0 are seasonally adjusted, based on the seasonal experience through December 1987. Definitions Employed persons include (1) all civilians who worked for pay any time during the week which includes the 12th day of the month or who worked unpaid for 15 hours or more in a family-operated enterprise and (2) those who were temporarily absent from their regular jobs because of illness, vacation, industrial dispute, or similar reasons. Members of the Armed Forces stationed in the United States are also included in the employed total. A person working at more than one job is counted only in the job at which he or she worked the greatest number of hours. Unemployed persons are those who did not work during the survey week, but were available for work except for temporary illness and had looked for jobs within the preceding 4 weeks. Persons who did not look for work because they were on layoff or waiting to start new jobs within the next 30 days are also counted among the unemployed. The overall unemployment rate represents the number unemployed as a percent of the labor force, including the resident Armed Forces. The civilian employment rate represents the number unemployed as a percent of the civilian labor force. The labor force consists of all employed or unemployed civilians plus members of the Armed Forces stationed in the United States. Persons not in the labor force are those not classified as employed or unemployed; this group includes persons who are retired, those engaged in their own housework, those not working while attending school, those unable to work because of long-term illness, those discouraged from seeking work because of personal or job-market factors, and those who are voluntarily idle. The noninstitutional population comprises all persons 16 years of age and older who are not inmates of penal or mental institutions, sanitariums, or homes for the aged, infirm, or needy, and members of the Armed Forces stationed in the United States. The labor force participation rate is the proportion of the noninstitutional population that is in the labor force. The employment- 54 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Additional sources of information For detailed explanations of the data, see b l s H a n d b o o k o f M e th o d s , Bulletin 2285 (Bureau of Labor Statistics, 1988). Historical unadjusted data from 1948 to 1987 are available in L a b o r F o rce S ta tis tic s D e r iv e d f r o m th e C u r r e n t P o p u la tio n S u rv e y , Bulletin 2307 (Bureau of Labor Statistics, 1988). Historical seasonally adjusted data appear in L a b o r F o rc e S ta tis tic s D e r iv e d f r o m th e C u r r e n t P o p u la tio n S u rv e y : A D a ta Vol. II, Bulletin 2096 (Bureau of Labor Statistics, 1982), and R e v is e d S e a s o n a lly A d ju s te d L a b o r F o rc e S ta tis tic s , 1 9 7 8 - 8 7 , Bulletin 2306 (Bureau of Labor Statistics, 1988). A comprehensive discussion of the differences between household and establishment data on employment appears in Gloria P. Green, “Comparing employment estimates from household and payroll sur veys,” M o n th ly L a b o r R ev ie w , December 1969, pp. 9-2 0 . book, 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 more than 300,000 establishments representing all industries except agriculture. In most industries, the sampling probabilities are based on the size of the establishment; most large establishments are therefore in the sample. (An establishment is not necessarily a firm; it may be a branch plant, for example, or warehouse.) 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. Definitions 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 of the month. Persons holding more than one job (about 5 percent of all persons in the labor force) are counted in each establishment which reports them. Production workers in manufacturing include working supervisors and nonsupervisory workers closely associated with production opera tions. Those workers mentioned in tables 12-17 include production workers in manufacturing and mining; construction workers in con struction; and nonsupervisory workers in the following industries: transportation and public utilities; wholesale and retail trade; finance, insurance, and real estate; and services. These groups account for about four-fifths of the total employment on private nonagricultural payrolls. Earnings are the payments production or nonsupervisory workers receive during the survey period, including premium pay for overtime or late-shift work but excluding irregular bonuses and other special payments. Real earnings are earnings adjusted to reflect the effects of changes in consumer prices. The deflator for this series is derived from the Consumer Price Index for Urban Wage Earners and Clerical Workers (cpi-w). The Hourly Earnings Index is calculated from average hourly earnings data adjusted to exclude the effects of two types of changes that are unrelated to underlying wage-rate develop ments: fluctuations in overtime premiums in manufacturing (the only sector for which overtime data are available) and the effects of changes and seasonal factors in the proportion of workers in high-wage and lowwage industries. Publication of the Hourly Earnings Index series shown in table 17 will be discontinued with the initial publication of December 1988 data in the February 1989 issue of the R e v ie w . Hours represent the average weekly hours of production or nonsu pervisory workers for which pay was received, and are different from standard or scheduled hours. O v e r t i m e h o u r s represent the portion of average weekly hours which was in excess of regular hours and for which overtime premiums were paid. The Diffusion Index, introduced in the May 1983 R e v ie w , represents the percent of 185 nonagricultural industries in which employment was rising over the indicated period. One-half of the industries with unchanged employment are counted as rising. In line with Bureau practice, data for the 1-, 3-, and 6-month spans are seasonally adjusted, while those for the 12-month span are unadjusted. The diffusion index is useful for measuring the dispersion of economic gains or losses and is also an economic indicator. Notes on the data Establishment data collected by the Bureau of Labor Statistics are periodically adjusted to comprehensive counts of employment (called “benchmarks”). The latest complete adjustment was made with the release of May 1988 data, published in the July 1988 issue of the R ev ie w . Consequently, data published in the R e v ie w prior to that issue are not necessarily comparable to current data. Unadjusted data have been revised back to April 1986; seasonally adjusted data have been revised back to January 1983. These revisions were published in the S u p p le m e n t to E m p lo y m e n t a n d E a r n in g s (Bureau of Labor Statistics, 1988). Unadjusted data from April 1987 forward, and seasonally adjusted data from January 1984 forward are subject to revision in future benchmarks. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis In the establishment survey, estimates for the 2 most recent months are based on incomplete returns and are published as preliminary in the tables (13 to 18 in the R e v ie w ). When all returns have been received, the estimates are revised and published as final in the third month of their appearance. Thus, August data are published as preliminary in October and November and as final in December. For the same reason, quarterly establishment data (table 1) are preliminary for the first 2 months of publication and final in the third month. Thus, secondquarter data are published as preliminary in August and September and as final in October. Additional sources of information Detailed national data from the establishment survey are published monthly in the bls periodical, E m p lo y m e n t a n d E a rn in g s. Earlier comparable unadjusted and seasonally adjusted data are published in E m p lo y m e n t, H o u rs, a n d E a rn in g s, U n ite d S ta te s , 1 9 0 9 - 84, Bulletin 1312-12 (Bureau of Labor Statistics 1985) and its annual supplement. For a detailed discussion of the methodology of the survey, see bls H a n d b o o k o f M e th o d s , Bulletin 2285 (Bureau of Labor Statistics, 1988). A comprehensive discussion of the differences between household and establishment data on employment appears in Gloria P. Green, “Comparing employment estimates from household and payroll sur veys,” M o n th ly L a b o r R ev ie w , December 1969, pp. 9-2 0 . Unemployment data by State Description of the series Data presented in this section are obtained from two major sources— the Current Population Survey (cps) and the Local Area Unemploy ment Statistics (laus) program, which is conducted in cooperation with State employment security agencies. Monthly estimates of the labor force, employment, and unemploy ment 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 and the Public Works and Economic Development Act. 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 11 States— California, Florida, Illinois, Massachusetts, Michigan, New York, New Jersey, North Carolina, Ohio, Pennsylvania, and Texas—are obtained directly from the cps, because the size of the sample is large enough to meet bls standards of reliability. Data for the remaining 39 States and the District of Columbia are derived using standardized procedures established by bls. Once a year, estimates for the 11 States are revised to new population controls. For the remaining States and the District of Columbia, data are benchmarked to annual average cps levels. Additional sources of information Information on the concepts, definitions, and technical procedures used to develop labor force data for States and sub-State areas as well as additional data on sub-States are provided in the monthly Bureau of Labor Statistics periodical, E m p lo y m e n t a n d E a rn in g s, and the annual report, G e o g ra p h ic P r o fd e o f E m p lo y m e n t a n d U n e m p lo y m e n t (Bureau of Labor Statistics). See also bls H a n d b o o k o f M e th o d s , Bulletin 2285 (Bureau of Labor Statistics, 1988). 55 MONTHLY LABOR REVIEW October 1988 • Current Labor Statistics CO M PENSA TIO N AND WAGE DATA (Tables 1 -3 ; 22-29) Compensation and wage 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 ( eci) 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. The index is not seasonally adjusted. Statistical series on total compensation 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 3,400 private nonfarm establishments providing about 18,000 occupa tional observations and 700 State and local government establishments providing 3,500 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 indexes for civilian, private, and 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 compensa tion. For the bargaining status, region, and m etropolitan/ nonmetropolitan 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 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. 56 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 for 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 = 100) of the quarterly rates of change are presented in the March issue of the bls periodical, C u r r e n t W a g e D e v e lo p m e n ts . Additional sources of information For a more detailed discussion of the Employment Cost Index, see the H a n d b o o k o f M e th o d s, Bulletin 2285 (Bureau of Labor Statistics, 1988), and the following M o n th ly L a b o r R e v ie w articles: “Employment Cost Index: a measure of change in the ‘price of labor’,” July 1975; “How benefits will be incorporated into the Employment Cost Index,” January 1978; “Estimation procedures for the Employment Cost Index,” May 1982; and “Introducing new weights for the Employment Cost Index,” June 1985. Data on the eci are also available in bls quarterly press releases issued in the month following the reference months of March, June, September, and December; and from the H a n d b o o k o f L a b o r S ta tis tic s , Bulletin 2217 (Bureau of Labor Statistics, 1985). Collective bargaining settlements Description of the series Collective bargaining settlements data provide statistical measures of negotiated adjustments (increases, decreases, and freezes) in compensa tion (wage and benefit costs) and wages alone, quarterly for private industry and semiannually for State and local government. Compensa tion measures cover all collective bargaining situations involving 5,000 workers or more and wage measures cover all situations involving 1,000 workers or more. These data, covering private nonagricultural indus tries and State and local governments, are calculated using information obtained from bargaining agreements on file with the Bureau, parties to the agreements, and secondary sources, such as newspaper accounts. The data are not seasonally adjusted. Settlement data are measured in terms of future specified adjust ments: those that will occur within 12 months of the contract effective date— first-year—and all adjustments that will occur over the life of the contract expressed as an average annual rate. Adjustments are worker weighted. Both first-year and over-the-life measures exclude wage changes that may occur under cost-of-living clauses that are triggered by future movements in the Consumer Price Index. Effective wage adjustments measure all adjustments occurring in the reference period, regardless of the settlement date. Included are changes from settlements reached during the period, changes deferred from contracts negotiated in earlier periods, and changes under cost-of-living adjustment clauses. Each wage change is worker weighted. The changes are prorated over all workers under agreements during the reference period yielding the average adjustment. Definitions Wage rate changes are calculated by dividing newly negotiated wages by the average straight-time hourly wage rate plus shift premium at the time the agreement is reached. Compensation changes are calculated by dividing the change in the value of the newly negotiated wage and benefit package by existing average hourly compensation, which includes the cost of previously negotiated benefits, legally required social insurance programs, and average hourly earnings. Compensation changes are calculated by placing a value on the benefit portion of the settlements at the time they are reached. The cost estimates are based on the assumption that conditions existing at the time of settlement (for example, methods of financing pensions or composition of labor force) will remain constant. The data, therefore, are measures of negotiated changes and not of total changes of employer cost. Contract duration runs from the effective date of the agreement to the expiration date or first wage reopening date, if applicable. Average annual percent changes over the contract term take account of the compounding of successive changes. Notes on the data Comparisons of major collective bargaining settlements for State and local government with those for private industry should note differences in occupational mix, bargaining practices, and settlement characteris tics. Professional and white-collar employees, for example, make up a much larger proportion of the workers covered by government than by private industry settlements. Lump-sum payments and cost-of-living adjustment (cola) clauses, on the other hand, are rare in government but common in private industry settlements. Also, State and local government bargaining frequently excludes items such as pension benefits and holidays, that are prescribed by law, while these items are typical bargaining issues in private industry. Additional sources of information For a more detailed discussion on the series, see the b l s H a n d b o o k o f Bulletin 2285 (Bureau of Labor Statistics, 1988). Comprehen sive data are published in press releases issued quarterly (in January, April, July, and October) for private industry, and semiannually (in February and August) for State and local government. Historical data and additional detailed tabulations for the prior calendar year appear in the April issue of the bls periodical, C u r r e n t W a g e D e v e lo p m e n ts . M e th o d s , Work stoppages 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 of idleness 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. Notes on the data This series is not comparable with the one terminated in 1981 that covered strikes involving six workers or more. Additional sources of information Data for each calendar year are reported in a bls press release issued in the first quarter of the following year. Monthly and historical data appear in the bls periodical, C u r r e n t W a g e D e v e lo p m e n ts . Historical data appear in the H a n d b o o k o f L a b o r S ta tis tic s , Bulletin 2217 (Bureau of Labor Statistics, 1985). Other compensation data Other bls data on pay and benefits, not included in the Current Labor Statistics section of the M o n th ly L a b o r R e v ie w , appear in and consist of the following: I n d u s tr y W a g e S u r v e y s provide data for specific occupations selected to represent an industry’s wage structure and the types of activities performed by its workers. The Bureau collects information on weekly work schedules, shift operations and pay differentials, paid holiday and vacation practices, and information on incidence of health, insurance, and retirement plans. Reports are issued throughout the year as the surveys are completed. Summaries of the data and special analyses also appear in the M o n th ly L a b o r R eview . A r e a W a g e S u r v e y s annually provide data for selected office, clerical, professional, technical, maintenance, toolroom, powerplant, material movement, and custodial occupations common to a wide variety of industries in the areas (labor markets) surveyed. Reports are issued throughout the year as the surveys are completed. Summaries of the data and special analyses also appear in the R ev ie w . T h e N a tio n a l S u r v e y o f P ro fessio n a l, A d m in is tr a tiv e , T ech n ica l, a n d provides detailed information annually on salary levels and distributions for the types of jobs mentioned in the survey’s title in private employment. Although the definitions of the jobs surveyed reflect the duties and responsibilities in private industry, they are designed to match specific pay grades of Federal white-collar employees under the General Schedule pay system. Accordingly, this survey provides the legally required information for comparing the pay of salaried employees in the Federal civil service with pay in private industry. (See Federal Pay Comparability Act of 1970, 5 u.s.c. 5305.) Data are published in a bls news release issued in the summer and in a bulletin each fall; summaries and analytical articles also appear in the R ev ie w . E m p lo y e e B e n e f its S u r v e y provides nationwide information on the incidence and characteristics of employee benefit plans in medium and large establishments in the United States, excluding Alaska and Hawaii. Data are published in an annual BLS news release and bulletin, as well as in special articles appearing in the R ev ie w . C le r ic a l P a y Description of the series 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 time lost because of stoppage. Data are largely from newspaper accounts and cover only establish ments 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 workers or more and lasting a full shift or longer. 1,000 PR IC E DATA (Tables 2; 30-41) 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 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis base period (1982 = 100 for many Producer Price Indexes or 1982-84 = 100 for many Consumer Price Indexes, unless otherwise noted). 57 M ONTHLY LABOR REVIEW October 1988 • Current Labor Statistics Consumer Price Indexes Producer Price Indexes 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 half-century 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 1982-84 buying habits of about 80 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 CPl-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 between 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 21,000 retail establishments and 60,000 housing units in 91 urban areas across the country are used to develop the “U.S. city average.” Separate estimates for 27 major urban centers are presented in table 31. The areas listed are as indicated in footnote 1 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. 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 3,100 commodities and about 75,000 quotations per month selected to represent the movement of prices of all commodities produced in the manufacturing, agriculture, forestry, fishing, mining, gas and electricity, and public utilities sectors. The stage of processing structure of Producer Price Indexes 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. To the extent possible, prices used in calculating Producer Price Indexes apply to the first significant commercial transaction in the United States from the production or central marketing point. Price data are generally collected monthly, primarily by mail questionnaire. Most prices are 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 1987, 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 1982. The detailed data are aggregated to obtain indexes for stage-ofprocessing groupings, commodity groupings, durability-of-product groupings, and a number of special composite groups. All Producer Price Index data are subject to revision 4 months after original publication. Notes on the data In January 1983, the Bureau changed the way in which homeownership costs are measured 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 data. Additional sources of information For a discussion of the general method for computing the cpi, see b l s Bulletin 2285 (Bureau of Labor Statistics, 1988). The recent change in the measurement of homeownership costs is discussed in Robert Gillingham and Walter Lane, “Changing the treatment of shelter costs for homeowners in the cpi,” M o n th ly L a b o r R ev ie w , July 1982, pp. 9 -1 4 . An overview of the recently introduced revised cpi, reflecting 1982-84 expenditure patterns, is contained in T h e C o n s u m e r P r ic e I n d e x : 1 9 8 7 R e v is io n , Report 736 (Bureau of Labor Statistics, 1987). Additional detailed cpi data and regular analyses of consumer price changes are provided in the c p i D e ta ile d R e p o r t, a monthly publication of the Bureau. Historical data for the overall cpi and for selected groupings may be found in the H a n d b o o k o f L a b o r S ta tis tic s , Bulletin 2217 (Bureau of Labor Statistics, 1985). H a n d b o o k o f M e th o d s , 58 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Notes on the data Beginning with the January 1986 issue, the R e v ie w is no longer presenting tables of Producer Price Indexes for commodity groupings, special composite groups, or sic industries. However, these data will continue to be presented in the Bureau’s monthly publication P r o d u c e r P r ic e I n d e x e s . The Bureau has completed the first major stage of its comprehensive overhaul of the theory, methods, and procedures used to construct the Producer Price Indexes. Changes include the replacement of judgment sampling with probability sampling techniques; expansion to systematic coverage of the net output of virtually all industries in the mining and manufacturing sectors; a shift from a commodity to an industry orientation; the exclusion of imports from, and the inclusion of exports in, the survey universe; and the respecification of commodities priced to conform to Bureau of the Census definitions. These and other changes have been phased in gradually since 1978. The result is a system of indexes that is easier to use in conjunction with data on wages, productivity, and employment and other series that are organized in terms of the Standard Industrial Classification and the Census product class designations. Additional sources of information For a discussion of the methodology for computing Producer Price Indexes, see b l s H a n d b o o k o f M e th o d s , Bulletin 2285 (Bureau of Labor Statistics, 1988). Additional detailed data and analyses of price changes are provided monthly in P r o d u c e r P r ic e I n d e x e s . Selected historical data may be found in the H a n d b o o k o f L a b o r S ta tis tic s , Bulletin 2217 (Bureau of Labor Statistics, 1985). International Price Indexes Description of the series The bls International Price Program produces quarterly export and import price indexes for nonmilitary goods 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. residents to foreign buyers. (“Residents” is defined as in the national income accounts: it includes corporations, businesses, and individuals but does not require the organizations to be U.S. owned nor the individuals to have U.S. citizenship.) The import price index provides a measure of price change for goods purchased from other countries by U.S. residents. With publication of an all-import index in February 1983 and an all-export index in February 1984, all U.S. merchandise imports and exports now are represented in these indexes. The reference period for the indexes is 1985= 100, unless otherwise indicated. The product universe for both the import and export indexes includes raw materials, agricultural products, semifinished manufactures, and finished manufactures, including both capital and consumer goods. Price data for these items are collected quarterly by mail questionnaire. In nearly all 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 completed during the first 2 weeks of the third month of each calendar quarter—March, June, September, and December. Survey respondents 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 sold. In addition to general indexes of prices for U.S. exports and imports, indexes are also published for detailed product categories of exports and imports. These categories are defined by the 4- and 5-digit level of detail of the Standard Industrial Trade Classification System (su e). The calculation of indexes by sitc category facilitates the comparison of U.S. price trends and sector production with similar data for other countries. Detailed indexes are also computed and published on a Standard Industrial Classification (sic-based) basis, as well as by enduse class. Notes on the data The export and import price indexes are weighted indexes of the Laspeyres type. Price relatives are assigned equal importance within each weight category and are then aggregated to the sitc level. The values assigned to each weight category are based on trade value figures compiled by the Bureau of the Census. The trade weights currently used to compute both indexes relate to 1985. Because a price index depends on the same items being priced from period to period, it is necessary to recognize when a product’s specifications or terms of transaction have been modified. For this reason, the Bureau’s quarterly questionnaire requests detailed descrip tions 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 terms, 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 the export price indexes, the preferred pricing basis is f.a.s. (free alongside ship) U.S. port of exportation. When firms report export prices f.o.b. (free on board), production point information is collected which enables the Bureau to calculate a shipment cost to the port of exportation. An attempt is made to collect two prices for imports. The first is the import price f.o.b. at the foreign port of exportation, which is consistent with the basis for valuation of imports in the national accounts. The second is the import price c.i.f. (cost, insurance, and freight) at the U.S. port of importation, which also includes the other costs associated with bringing the product to the U.S. border. It does not, however, include duty charges. For a given product, only one price basis series is used in the construction of an index. Beginning in 1988, the Bureau has also been publishing a series of indexes which represent the price of U.S. exports and imports in foreign currency terms. Additional sources of information For a discussion of the general method of computing International Price Indexes, see BLS H a n d b o o k o f M e th o d s, Bulletin 2285 (Bureau of Labor Statistics, 1988). Additional detailed data and analyses of international price develop ments are presented in the Bureau’s quarterly publication U .S. I m p o r t a n d E x p o r t P r ic e I n d e x e s and in occasional M o n th ly L a b o r R e v ie w articles prepared by bls analysts. Selected historical data may be found in the H a n d b o o k o f L a b o r S ta tis tic s , Bulletin 2217 (Bureau of Labor Statistics, 1985). For further information on the foreign currency indexes, see “bls publishes average exchange rate and foreign currency price indexes,” M o n th ly L a b o r R e v ie w , December 1987, pp. 47-49. PRODUCTIVITY DATA (Tables 2; 42-44) U.S. productivity and related data Corresponding indexes of hourly compensation, unit labor costs, unit nonlabor payments, and prices are also provided. Description of the series Definitions The productivity measures relate real physical output to real input. As such, they encompass a family of measures which include single factor productivity measures, such as output per unit of labor input (output per hour) or output per unit of capital input, as well as measures of multifactor 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. Output per hour of all persons (labor productivity) is the value of goods and services in constant prices produced per hour of labor input. Output per unit of capital services (capital productivity) is the value of goods and services in constant dollars produced per unit of capital services input. Multifactor productivity is output per unit of combined labor and capital inputs. Changes in this measure reflect changes in a number of factors which affect the production process such as changes in technology, shifts in the composition of the labor force, changes in https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 59 M ONTHLY LABOR REVIEW October 1988 • Current Labor Statistics capacity utilization, research and development, skill and efforts of the work force, management, and so forth. Changes in the output per hour measures reflect the impact of these factors as well as the substitution of capital for labor. Compensation per hour is the wages and salaries of employees plus employers’ contributions for social insurance and private benefit plans, and the wages, salaries, and supplementary payments for the selfemployed (except for nonfmancial corporations in which there are no self-employed)—the sum divided by hours paid for. Real compensation per hour is compensation per hour deflated by 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 compensa tion 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 current dollar value of output and dividing by output. Unit nonlabor costs contain all the components of unit nonlabor payments e x c e p t 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 paid of payroll workers, selfemployed persons, and unpaid family workers. Capital services is 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— weighted by rental prices for each type of asset. Labor and capital inputs combined are derived by combining changes in labor and capital inputs with weights which represent each compo nent’s share of total output. The indexes for capital services and combined units of labor and capital 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 Constant-dollar output for the business sector is equal to constantdollar gross national product but excludes the rental value of owner-occupied dwellings, the rest-of-world sector, the output of nonprofit institutions, the output of paid employees of private house holds, general government, and the statistical discrepancy. Output of the nonfarm business sector is equal to business sector output less farming. The measures are derived from data supplied by the Bureau of Economic Analysis, U.S. Department of Commerce, and the Federal Reserve Board. Quarterly manufacturing output indexes are adjusted by the Bureau of Labor Statistics to annual measures of manufacturing output (gross product originating) from the Bureau of Economic Analysis. Compensation and hours data are developed from data of the Bureau of Labor Statistics and the Bureau of Economic Analysis. The productivity and associated cost measures in tables 4 2 -4 4 describe the relationship between output in real terms and the labor time and capital services 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; capital investment; level of output; utilization of capacity, energy, and materials; the organization of production; managerial skill; and the characteristics and efforts of the work force. Additional sources of information Descriptions of methodology underlying the measurement of output per hour and multifactor productivity are found in the b l s H a n d b o o k o f M e th o d s , Bulletin 2285 (Bureau of Labor Statistics, 1988). Historical data for selected industries are provided in the H a n d b o o k o f L a b o r S ta tis tic s , Bulletin 2217 (Bureau of Labor Statistics, 1985). INTERNATIONAL CO M PA RISO N S (Tables 45-47) Labor force and unemployment Description of the series Tables 45 and 46 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 unemployment statistics (and, to a lesser extent, employment statistics) published by other industrial countries are not, in most cases, comparable to U.S. unemployment statistics. Therefore, the Bureau adjusts the figures for selected countries, where necessary, for all known major definitional differences. Although precise compara bility may not be achieved, these adjusted figures provide a better basis for international comparisons than the figures regularly published by each country. Definitions For the principal U.S. definitions of the labor force, employment, and unemployment, see the Notes section on EMPLOYMENT DATA: Household Survey Data. Notes on the data The adjusted statistics have been adapted to the age at which compulsory schooling ends in each country, rather than to the U.S. 60 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis standard of 16 years of age and over. Therefore, the adjusted statistics relate to the population age 16 and over in France, Sweden, and from 1973 onward, the United Kingdom; 16 and over in Canada, Australia, Japan, Germany, the Netherlands, and prior to 1973, the United Kingdom; and 14 and over in Italy. The institutional population is included in the denominator of the labor force participation rates and employment-population ratios for Japan and Germany; it is excluded for the United States and the other countries. In the U.S. labor force survey, persons on layoff who are awaiting recall to their job are classified as unemployed. European and Japanese layoff practices are quite different in nature from those in the United States; therefore, strict application of the U.S. definition has not been made on this point. For further information, see M o n th ly L a b o r R ev ie w , December 1981, pp. 8-11. The figures for one or more recent years for France, Germany, Italy, the Netherlands, and the United Kingdom 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 data from more current labor force surveys become available. There are breaks in the date series for Germany (1983), Italy (1986), the Netherlands (1983), and Sweden (1986). For both Germany and the Netherlands, the breaks reflect the replacement of labor force survey results tabulated by the national statistical offices with those tabulated by the European Community Statistical Office ( eurostat). The Dutch figures for 1983 onward also reflect the replacement of man-year employment data with data from the Dutch Survey of Employed Persons. The impact of the changes was to lower the adjusted unemployment rate by 0.3 percentage point for Germany and by about 2 percentage points for the Netherlands. For Italy, the break in series reflects more accurate enumeration of time of last job search. This resulted in a significant increase in the number of people reported as seeking work in the past 30 days. The impact was to increase the Italian unemployment rates approximating U.S. concepts by about 1 percentage point. Sweden introduced a new questionnaire. Questions regarding current availability were added and the period of active workseeking was reduced from 60 days to 4 weeks. These changes resulted in lowering Sweden’s unemployment rate by 0.5 percentage point. Additional sources of information For further information, see I n te r n a tio n a l C o m p a r is o n s o f U n e m p lo y Bulletin 1979 (Bureau of Labor Statistics, 1978), Appendix B, and unpublished Supplements to Appendix B, available on request. The statistics are also analyzed periodically in the M o n th ly L a b o r R eview . The latest article appears in the April 1988 R e v ie w . Additional historical data, generally beginning with 1959, are published in the H a n d b o o k o f L a b o r S ta tis tic s and are available in unpublished statistical supplements to Bulletin 1979. m e n t, Manufacturing productivity and labor costs Description of the series Table 47 presents comparative measures of manufacturing labor productivity, hourly compensation costs, and unit labor costs for the United States, Canada, Japan, and nine European countries. These measures are limited to trend comparisons— that is, intercountry series of changes over time— rather than level comparisons because reliable international comparisons of the levels of manufacturing output are unavailable. Definitions Output is constant value output (value added), generally taken from the national accounts of each country. While the national accounting methods for measuring real output differ considerably among the 12 countries, the use of different procedures does not, in itself, connote lack of comparability—rather, it reflects differences among countries in the availability and reliability of underlying data series. Hours refer to all employed persons including the self-employed in the United States and Canada; to all wage and salary employees in the other countries. The U.S. hours measure is hours paid; the hours measures for the other countries are hours worked. Compensation (labor cost) includes all payments in cash or kind made directly to employees plus employer expenditures for legally required insurance programs and contractual and private benefit plans. In addition, for some countries, compensation is adjusted for other significant taxes on payrolls or employment (or reduced to reflect subsidies), even if they are not for the direct benefit of workers, because such taxes are regarded as labor costs. However, compensation does not include all items of labor cost. The costs of recruitment, employee training, and plant facilities and services—such as cafeterias and medical clinics—are not covered because data are not available for most countries. Self-employed workers are included in the U.S. and Canadian compensation figures by assuming that their hourly compensation is equal to the average for wage and salary employees. Notes on the data For most of the countries, the measures refer to total manufacturing as defined by the International Standard Industrial Classification. However, the measures for France (beginning 1959), Italy (beginning 1970), and the United Kingdom (beginning 1971), refer to manufactur ing and mining less energy-related products and the figures for the Netherlands exclude petroleum refining from 1969 to 1976. For all countries, manufacturing includes the activities of government enterprises. The figures for one or more recent years are generally based on current indicators of manufacturing output, employment, hours, and hourly compensation and are considered preliminary until the national accounts and other statistics used for the long-term measures become available. Additional sources of information For additional information, see the BLS H a n d b o o k o f M e th o d s, Bulletin 2285 (Bureau of Labor Statistics, 1988), and periodic M o n th ly L a b o r R e v ie w articles. Historical data are provided in the H a n d b o o k o f L a b o r S ta tis tic s , Bulletin 2217 (Bureau of Labor Statistics, 1985). The statistics are issued twice per year—in a news release (generally in May) and in a M o n th ly L a b o r R e v ie w article. OCCUPATIONAL IN JU R Y AND ILLNESS DATA (Table 48) Description of the series The Annual Survey of Occupational Injuries and Illnesses is designed to collect data on injuries and illnesses based on records which employers in the following industries maintain under the Occupational Safety and Health Act of 1970: agriculture, forestry, and fishing; oil and gas extraction; construction; manufacturing; transportation and public utilities; wholesale and retail trade; finance, insurance, and real estate; and services. Excluded from the survey are self-employed individuals, farmers with fewer than 11 employees, employers regulated by other Federal safety and health laws, and Federal, State, and local govern ment agencies. Because the survey is a Federal-State cooperative program and the data must meet the needs of participating State agencies, an indepen dent sample is selected for each State. The sample is selected to https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis represent all private industries in the States and territories. The sample size for the survey is dependent upon (1) the characteristics for which estimates are needed; (2) the industries for which estimates are desired; (3) the characteristics of the population being sampled; (4) the target reliability of the estimates; and (5) the survey design employed. While there are many characteristics upon which the sample design could be based, the total recorded case incidence rate is used because it is one of the most important characteristics and the least variable; therefore, it requires the smallest sample size. The survey is based on stratified random sampling with a Neyman allocation and a ratio estimator. The characteristics used to stratify the establishments are the Standard Industrial Classification (sic) code and size of employment. 61 MONTHLY LABOR REVIEW October 1988 • Current Labor Statistics Definitions Recordable occupational injuries and illnesses are: (1) occupational deaths, regardless of the time between injury and death, or the length of the illness; or (2) nonfatal occupational illnesses; or (3) nonfatal occupational injuries which 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, amputation, and so forth, which results from a work accident or from exposure involving a single incident in the work environment. Occupational illness is an abnormal condition or disorder, other than one resulting from an occupational injury, caused by exposure to environmental 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 cases are cases which involve days away from work, or days of restricted work activity, or both. Lost workday cases involving restricted work activity are those cases which result in restricted work activity only. Lost workdays away from work are the number of workdays (consecutive or not) on which the employee would have worked but could not because of occupational injury or illness. Lost workdays— restricted work activity are the number of workdays (consecutive or not) on which, because of injury or illness: (1) the employee was assigned to another job on a temporary basis; or (2) the employee worked at a permanent job less than full time; or (3) the employee worked at a permanently assigned job but could not perform all duties normally connected with it. 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 even though able to work. Incidence rates represent the number of injuries and/or illnesses or lost workdays per 100 full-time workers. those where the employee would have worked but could not and those in which work activity was restricted. Estimates of the number of cases and the number of days lost are made for both categories. Most of the estimates are in the form of incidence rates, defined as the number of injuries and illnesses, or lost workdays, per 100 full-time employees. For this purpose, 200,000 employee hours represent 100 employee years (2,000 hours per employee). Only a few of the available measures are included in the H a n d b o o k o f L a b o r S ta tis tic s . Full detail is presented in the annual bulletin, O c c u p a tio n a l I n ju r ie s a n d I lln e s s e s in th e U n ite d S ta te s , b y I n d u s tr y . Comparable data for individual States are available from the BLS Office of Safety, Health, and Working Conditions. Mining and railroad data are furnished to bls by the Mine Safety and Health Administration and the Federal Railroad Administration, respectively. Data from these organizations are included in bls and State publications. Federal employee experience is compiled and published by the Occupational Safety and Health Administration. Data on State and local government employees are collected by about half of the States and territories; these data are not compiled nationally. Additional sources of information The Supplementary Data System provides detailed information describing various factors associated with work-related injuries and illnesses. These data are obtained from information reported by e m p lo y e r s to State workers’ compensation agencies. The Work Injury Report program examines selected types of accidents through an employee survey which focuses on the circumstances surrounding the injury. These data are not included in the H a n d b o o k o f L a b o r S ta tis tic s but are available from the bls Office of Safety, Health, and Working Conditions. The definitions of occupational injuries and illnesses and lost workdays are from R e c o r d k e e p in g R e q u ir e m e n ts u n d e r th e O c c u p a tio n a l S a f e ty a n d H e a lth A c t o f 1 9 7 0 . For additional data, see O c c u p a tio n a l I n ju r ie s a n d I lln e s s e s in th e U n ite d S ta te s , b y I n d u s tr y , Notes on the data Estimates are made for industries and employment-size classes and for severity classification: fatalities, lost workday cases, and nonfatal cases without lost workdays. Lost workday cases are separated into 62 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis annual Bureau of Labor Statistics bulletin; bls H a n d b o o k o f M e th o d s , Bulletin 2285 (Bureau of Labor Statistics, 1988); H a n d b o o k o f L a b o r S ta tis tic s , Bulletin 2217 (Bureau of Labor Statistics, 1985), pp. 411-14; annual reports in the M o n th ly L a b o r R e v ie w ; and annual U.S. Department of Labor press releases. 1. Labor market indicators 1986 Selected indicators 1986 1987 1988 1987 III IV I II III IV I II Employment data Employment status of the civilian noninstitutionalized population (household survey)1 Labor force participation ra te ........................................................ Employment-population ratio......................................................... Unemployment rate ....................................................................... Men ............................................................................................. 16 to 24 years .......................................................................... 25 years and o v e r.................................................................... Women ........................................................................................ 16 to 24 years .......................................................................... 25 years and o v e r.................................................................... Unemployment rate, 15 weeks and o ver.................................... 65.3 60.7 7.0 6.9 13.7 5.4 7.1 12.8 5.5 1.9 65.6 61.5 6.2 6.2 12.6 4.8 6.2 11.7 4.8 1.7 65.4 60.8 7.0 7.0 13.9 5.4 7.0 12.7 5.4 1.9 65.4 60.9 6.8 6.9 13.4 5.4 6.8 12.5 5.3 1.9 65.5 61.1 6.6 6.6 13.3 5.1 6.6 12.5 5.0 1.8 65.5 61.4 6.3 6.3 12.9 4.9 6.2 11.8 4.7 1.7 65.6 61.7 6.0 5.9 12.2 4.6 6.1 11.4 4.7 1.6 65.7 61.9 5.9 5.8 11.9 4.4 6.0 11.1 4.7 1.5 65.8 62.1 5.7 5.7 11.9 4.4 5.8 11.0 4.4 1.4 65.8 62.2 5.5 5.4 11.1 4.1 5.6 10.8 4.3 1.3 Total ................................................................................................. Private sector ................................................................................ Goods-producing............................................................................ Manufacturing.............................................................................. Service-producing .......................................................................... 99,525 82,832 24,558 18,965 74,967 102,310 85,295 24,784 19,065 77,525 99,676 82,987 24,454 18,902 75,222 100,347 83,496 24,443 18,885 75,904 101,024 84,130 24,523 18,895 76,500 101,841 84,869 24,644 18,965 77,196 102,669 85,643 24,847 19,112 77,782 103,683 86,518 25,116 19,290 78,567 104,670 87,406 25,260 19,388 79,410 105,597 88,258 25,497 19,498 80,100 Average hours: Private sector ................................................................................ Manufacturing ........................................................................... Overtime.................................................................................. 34.8 40.7 3.4 34.8 41.0 3.7 34.7 40.7 3.5 34.7 40.8 3.5 34.8 41.0 3.6 34.7 40.9 3.7 34.7 40.9 3.8 34.8 41.1 3.9 34.7 41.0 3.8 34.8 41.1 3.9 Percent change in the ECI, compensation: All workers (excluding farm, household, and Federal workers) ...... Private Industry workers .............................................................. Goods-produclng? ..................................................................... Service-producing-9 ................................................................... State and local government workers........................................... 3.6 3.2 3.1 3.2 5.2 3.6 3.3 3.1 3.7 4.4 1.1 .7 .6 .8 2,8 .6 .6 .5 .6 .8 .9 1.0 .5 1.3 .8 .7 .7 .7 .7 .3 1.2 1.0 .8 1.0 2.3 .8 .7 1.0 .5 .9 1.4 1.5 1.8 1.3 1.3 1.1 1.2 1.1 1.4 .3 Workers by bargaining status (private industry): Union............................................................................................ Nonunion ...................................... :.............................................. 2.1 3.6 2.8 3.6 .5 .8 .3 .7 .5 1.1 .5 .7 .6 1.1 1.1 .6 1.6 1.5 1.0 1.3 Employment, nonagricultural (payroll data), in thousands:1 Employment Cost Index Quarterly data seasonally adjusted. ? Goods-produclng industries include mining, construction, and manufacturing. Service- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis producing Industries include all other private sector Industries. 63 M ONTHLY LABOR REVIEW 2. October 1988 • Current Labor Statistics: Comparative Indicators Annual and quarterly percent changes in compensation, prices, and productivity 1987 1986 Selected measures 1986 1988 1987 III I IV II III IV I II Compensation data 1, 2 Employment Cost Index-compensation (wages, salaries, benefits): Civilian nonfarm ................................................................... Private nonfarm .................................................................. Employment Cost Index-wages and salaries Civilian nonfarm ................................................................... Private nonfarm .................................................................. 3.6 3.2 3.6 3.3 1.1 .7 0.6 .6 0.9 1.0 0.7 .7 1.2 1.0 0.8 .7 1.4 1.5 1.1 1.2 3.5 3.1 3.5 3.3 1.1 .7 .6 .5 1.0 1.0 .5 .7 1.3 1.0 .7 .6 1.0 1.0 .9 1.1 Price data Consumer Price Index (All urban consumers): All item s...... 1.1 4.4 .6 .3 1.4 1.2 1.3 .3 1.0 1.3 Producer Price Index: Finished goods..................................................................... Finished consumer goods.................................................. Capital equipment ............................................................... Intermediate materials, supplies, components .................... Crude materials.................................................................... -2.3 -3.5 2.1 -4.4 -8.9 2.2 2.6 1.3 5.4 8.9 -.7 -.7 -.8 -.2 -.6 1.1 .8 2.1 -.3 .6 .8 .9 .1 1.3 4.2 1.2 1.6 .3 1.9 5.3 .2 .3 -.2 1.2 .6 .1 -.2 1.1 .9 -1.4 .5 .4 .7 1.1 -.3 1.5 1.6 .9 2.6 4.4 Productivity data3 Output per hour of all persons: Business sector.................................................................. Nonfarm business sector ................................................... Nonfinancial corporations 4 ................................................. 2.2 2.0 1.8 -1.4 -1.5 1.2 .8 .8 1.5 1 Annual changes are December-to-December change. Quarterly changes are calculated using the last month of each quarter. Compensation and price data are not seasonally adjusted and the price data are not compounded. 2 Excludes Federal and private household workers. 3 Annual rates of change are computed by comparing annual averages. 3. -.8 -.9 2.6 .3 .0 -1.0 2.7 3.2 3.1 3.9 3.7 4.7 3.5 3.4 4.3 -2.5 -1.4 .4 Quarterly percent changes reflect annual rates of change in quarterly indexes. The data are seasonally adjusted. 4 Output per hour of all employees. Alternative measures of wage and compensation changes Quarterly average I Average hourly compensation:' All persons, business sector................................................................. All employees, nonfarm business sector.............................................. Employment Cost Index-compensation: Civilian nonfarm 2 .................................................................................. Private nonfarm .................................................................................. Union ................................................................................................ Nonunion........................................................................................... State and local governments.............................................................. Employment Cost Index-wages and salaries: Civilian nonfarm1 ................................................................................... Private nonfarm .................................................................................. Union ................................................................................................ Nonunion........................................................................................... State and local governments ............................................................... Total effective wage adjustments ' ............................................................... From current settlements...................................................................... From prior settlements .......................................................................... From cost-of-living provision................................................................. Negotiated wage adjustments from settlements:3 First-year adjustments ........................................................................... Annual rate over life of contract........................................................... Negotiated wage and benefit adjustments from settlements:5 First-year adjustment ............................................................................. Annual rate over life of contract........................................................... II 1988 III IV I 1987 II I II 1988 III IV I II 2.5 2.1 3.6 3.4 4.6 4.5 6.2 6.4 3.7 3.5 4.7 4.1 3.8 3.7 3.8 3.7 3.9 3.7 4.2 4.1 4.5 4.4 4.8 4.6 .9 1.0 .5 1.1 .8 .7 .7 .5 .7 .3 1.2 1.0 .6 1.1 2.3 .8 .7 1.1 .6 .9 1.4 1.5 1.6 1.5 1.3 1.1 1.2 1.0 1.3 .3 3.4 3.1 1.6 3.6 5.0 3.3 3.0 1.9 3.4 4.7 3.4 3.3 2.0 3.7 4.2 3.6 3.3 2.8 3.6 4.4 4.1 3.9 3.9 4.0 4.9 4.6 4.5 4.3 4.5 5.0 1.0 1.0 .4 1.2 .8 .4 (4) .3 .1 .5 .7 .5 .8 .2 1.0 .2 .7 .2 1.3 1.0 .6 1.1 2.3 .9 .2 .6 .1 .7 .6 1.1 .5 .9 .8 .3 .3 .2 1.0 1.0 .4 1.0 .9 .4 .1 .3 .1 .9 1.1 .8 1.2 .3 .8 .3 .5 .1 3.5 3.2 1.7 3.5 5.2 2.0 .3 1.5 .1 3.2 3.0 1.7 3.3 5.0 2.2 .3 1.6 .3 3.4 3.3 1.7 3.8 4.1 2.6 .4 1.7 .4 3.5 3.3 2.6 3.6 4.2 3.1 .7 1.8 .5 3.5 3.3 2.6 3.5 4.4 3.2 .8 1.8 .5 3.9 3.7 2.9 4.0 4.4 3.0 .9 1.6 .5 .8 1.6 2.6 2.9 2.1 2.0 2.4 1.8 2.2 2.3 2.7 2.2 1.2 1.8 1.5 2.0 2.0 2.2 2.2 2.1 2.4 2.2 2.4 2.0 1.1 2.1 4.1 3.9 2.5 2.1 3.4 2.4 1.8 1.8 3.4 2.4 1.2 1.7 1.8 2.1 2.7 2.6 3.0 2.6 3.1 2.5 3.1 2.3 ' Seasonally adjusted. 2 Excludes Federal and household workers. 3 Limited to major collective bargaining units of 1,000 workers or more. The most recent data are preliminary. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Four quarters ended- 1987 Components 64 .6 .9 -.1 4 Data round to zero. 5 Limited to major collective bargaining units of 5,000 workers or more. The most recent data are preliminary, 4. Employment status of the total population, by sex, monthly data seasonally adjusted (Numbers in thousands) 1988 1987 Annual average Employment status 1986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. June May July TOTAL Noninstitutional population 2 ....... Labor force2 .................................. Participation rate 3 ................ Total employed 2 ....................... Employment-population ratio 4 ................................... Resident Armed Forces 1 ....... Civilian employed .................... Agriculture ............................ Nonagricultural industries..... Unemployed............................... Unemployment rate 5 ........... Not in labor force ........................ 182,293 119,540 65.6 111,303 184,490 121,602 65.9 114,177 184,605 121,610 65.9 114,359 184,738 122,042 66.1 114,786 184,904 121,706 65.8 114,615 185,052 122,128 66.0 114,951 185,225 122,349 66.1 115,259 185,370 122,472 66.1 115,494 185,571 122,924 66.2 115,878 185,705 123,084 66.3 116,145 185,847 122,639 66.0 115,839 185,964 123,055 66.2 116,445 186,088 122,692 65.9 115,909 186,247 123,157 66.1 116,703 186,402 123,357 66.2 116,732 61.1 1,706 109,597 3,163 106,434 8,237 6.9 62,752 61.9 1,737 112,440 3,208 109,232 7,425 6.1 62,888 61.9 1,720 112,639 3,212 109,427 7,251 6.0 62,995 62.1 1,736 113,050 3,143 109,907 7,256 5.9 62,696 62.0 1,743 112,872 3,184 109,688 7,091 5.8 63,198 62.1 1,741 113,210 3,249 109,961 7,177 5.9 62,924 62.2 1,755 113,504 3,172 110,332 7,090 5.8 62,876 62.3 1,750 113,744 3,215 110,529 6,978 5.7 62,898 62.4 1,749 114,129 3,293 110,836 7,046 5.7 62,647 62.5 1,736 114,409 3,228 111,182 6,938 5.6 62,621 62.3 1,736 114,103 3,204 110,899 6,801 5.5 63,208 62.6 1,732 114,713 3,228 111,485 6,610 5.4 62,909 62.3 1,714 114,195 3,035 111,160 6,783 5.5 63,396 62.7 1,685 115,018 3,085 111,933 6,455 5.2 63,090 62.6 1,673 115,059 3,046 112,014 6,625 5.4 63,045 87,349 66,973 76.7 62,443 88,476 67,784 76.6 63,684 88,534 67,671 76.4 63,711 88,598 67,937 76.7 63,916 88,683 67,776 76.4 63,949 88,756 67,947 76.6 64,048 88,849 68,019 76.6 64,174 88,924 68,030 76.5 64,245 89,033 68,243 76.6 64,396 89,099 68,343 76.7 64,636 89,168 68,148 76.4 64,332 89,225 68,445 76.7 64,892 89,287 68,318 76.5 64,583 89,367 68,429 76.6 64,934 89,445 68,521 76.6 65,002 71.5 1,551 60,892 4,530 6.8 72.0 1,577 62,107 4,101 6.1 72.0 1,561 62,150 3,960 5.9 72.1 1,575 62,341 4,021 5.9 72.1 1,581 62,368 3,827 5.6 72.2 1,580 62,f 68 3,899 5.7 72.2 1,593 62,581 3,845 5.7 72.2 1,589 62,656 3,785 5.6 72.3 1,588 62,808 3,847 5.6 72.5 1,577 63,059 3,707 5.4 72.1 1,573 62,759 3,816 5.6 72.7 1,569 63,323 3,553 5.2 72.3 1,553 63,030 3,736 5.5 72.7 1,523 63,411 3,495 5.1 72.7 1,512 63,490 3,519 5.1 94,944 52,568 55.4 48,861 96,013 53,818 56.1 50,494 96,071 53,939 56.1 50,648 96,140 54,105 56.3 50,870 96,221 53,930 56.0 50,666 96,295 54,181 56.3 50,903 96,376 54,330 56.4 51,085 96,446 54,442 56.4 51,249 96,538 54,681 56.6 51,482 96,606 54,740 56.7 51,509 96,679 54,491 56.4 51,507 96,739 54,610 56.5 51,553 96,801 54,374 56.2 51,327 96,880 54,728 56.5 51,769 96,957 54,836 56.6 51,730 51.5 155 48,706 3,707 7.1 52.6 160 50,334 3,324 6.2 52.7 159 50,489 3,291 6.1 52.9 161 50,709 3,235 6.0 52.7 162 50,504 3,264 6.1 52.9 161 50,742 3,278 6.1 53.0 162 50,923 3,245 6.0 53.1 161 51,088 3,193 5.9 53.3 161 51,321 3,200 5.9 53.3 159 51,350 3,231 5.9 53.3 163 51,344 2,985 5.5 53.3 163 51,390 3,057 5.6 53.0 161 51,166 3,047 5.6 53.4 162 51,607 2,960 5.4 53.4 161 51,569 3,106 5.7 Men, 16 years and over Noninstitutional population 2 ....... Labor force2 .................................. Participation rate 3 ................ Total employed 2 ........................ Employment-population ratio 4 ................................... Resident Armed Forces ' ....... Civilian employed .................... Unemployed............................... Unemployment rate 5 ........... Women, 16 years and over Noninstitutional population \ 2 ....... Labor force2 .................................. Participation rate 3 ................ Total employed2 ........................ Employment-population ratio 4 ................................... Resident Armed Forces ' ....... Civilian employed .................... Unemployed............................... Unemployment rate 5 ........... 1 The population and Armed Forces figures are not adjusted for seasonal variation. 2 Includes members of the Armed Forces stationed in the United States. 3 Labor force as a percent of the noninstitutional population. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 Total employed as a percent of the noninstitutional population. 5 Unemployment as a percent of the labor force (including Forces). the resident Armed 65 MONTHLY LABOR REVIEW October 1988 • Current Labor Statistics: Employment Data 5. Employment status of the civilian population, by sex, age, race and Hispanic origin, monthly data seasonally adjusted (Numbers in thousands) Annual average 1987 1988 Employment status 1986 1987 180,587 117,834 65.3 109,597 182,753 119,865 65.6 112,440 182,885 119,890 65.6 112,639 183,002 120,306 65.7 113,050 183,161 119,963 65.5 112,872 60.7 8,237 7.0 62,752 61.5 7,425 6.2 62,888 61.6 7,251 6.0 62,995 61.8 7,256 6.0 62,696 78,523 61,320 78.1 57,569 79,565 62,095 78.0 58,726 79,625 62,106 78.0 58,783 73.3 2,292 55,277 3,751 6.1 73.8 2,329 56,397 3,369 5.4 87,567 48,589 55.5 45,556 July Aug. Sept. Oct. Nov. Dec. 183,311 120,387 65.7 113,210 183,470 120,594 65.7 113,504 183,620 120,722 65.7 113,744 183,822 121,175 65.9 114,129 183,969 121,348 66.0 114,409 184,111 120,903 65.7 114,103 184,232 121,323 65.9 114,713 184,374 120,978 65.6 114,195 184,562 121,472 65.8 115,018 184,729 121,684 65.9 115,059 61.6 7,091 5.9 63,198 61.8 7,177 6.0 62,924 61.9 7,090 5.9 62,876 61.9 6,978 5.8 62,898 62.1 7,046 5.8 62,647 62.2 6,938 5.7 62,621 62.0 6,801 5.6 63,208 62.3 6,610 5.4 62,909 61.9 6,783 5.6 63,396 62.3 6,455 5.3 63,090 62.3 6,625 5.4 63,045 79,668 62,083 77.9 58,825 79,740 62,085 77.9 58,967 79,807 62,211 78.0 59,037 79,885 62,299 78.0 59,164 80,002 62,248 77.8 59,185 80,120 62,440 77.9 59,287 80,203 62,696 78.2 59,625 80,260 62,497 77.9 59,407 80,326 62,791 78.2 59,883 80,402 62,662 77.9 59,590 80,526 62,667 77.8 59,797 80,608 62,769 77.9 59,954 73.8 2,333 56,450 3,323 5.4 73.8 2,289 56,536 3,258 5.2 73.9 2,345 56,622 3,118 5.0 74.0 2,343 56,694 3,174 5.1 74.1 2,297 56,867 3,135 5.0 74.0 2,298 56,887 3,063 4.9 74.0 2,323 56,964 3,154 5.1 74.3 2,280 57,344 3,071 4.9 74.0 2,253 57,154 3,089 4.9 74.5 2,255 57,627 2,909 4.6 74.1 2,181 57,409 3,072 4.9 74.3 2,208 57,588 2,870 4.6 74.4 2,247 57,706 2,815 4.5 88,583 49,783 56.2 47,074 88,632 49,886 56.3 47,206 88,685 49,969 56.3 47,308 88,785 49,922 56.2 47,251 88,843 50,095 56.4 47,480 88,923 50,254 56.5 47,634 89,010 50,361 56.6 47,750 89,110 50,558 56.7 47,977 89,178 50,640 56.8 48,005 89,261 50,542 56.6 48,132 89,307 50,612 56.7 48,170 89,382 50,441 56.4 47,960 89,502 50,642 56.6 48,169 89,588 50,775 56.7 48,199 52.0 614 44,943 3,032 6.2 53.1 622 46,453 2,709 5.4 53.3 620 46,586 2,680 5.4 53.3 609 46,699 2,661 5.3 53.2 600 46,651 2,671 5.4 53.4 636 46,844 2,615 5.2 53.6 636 46,998 2,620 5.2 £3.6 643 47,107 2,611 5.2 53.8 646 47,331 2,581 5.1 53.8 654 47,351 2,635 5.2 53.9 656 47,476 2,411 4.8 53.9 692 47,478 2,442 4.8 53.7 587 47,373 2,481 4.9 53.8 616 47,553 2,473 4.9 53.8 542 47,657 2,576 5.1 14,496 7,926 54.7 6,472 14,606 7,988 54.7 6,640 14,628 7,898 54.0 6,650 14,649 8,254 56.3 6,917 14,637 7,956 54.4 6,654 14,661 8,081 55.1 6,693 14,663 8,041 54.8 6,706 14,609 8,113 55.5 6,809 14,592 8,177 56.0 6,865 14,588 8,011 54.9 6,779 14,591 7,865 53.9 6,564 14,598 7,919 54.2 6,660 14,590 7,875 54.0 6,645 14,534 8,163 56.2 7,051 14,533 8,141 56.0 6,907 44.6 258 6,215 1,454 18.3 45.5 258 6,382 1,347 16.9 45.5 259 6,391 1,248 15.8 47.2 245 6,672 1,337 16.2 45.5 239 6,415 1,302 16.4 45.7 270 6,423 1,388 17.2 45.7 239 6,467 1,335 16.6 46.6 274 6,535 1,304 16.1 47.0 323 6,542 1,312 16.0 46.5 293 6,486 1,232 15.4 45.0 295 6,269 1,301 16.5 45.6 280 6,380 1,259 15.9 45.5 267 6,378 1,230 15.6 48.5 260 6,791 1,112 13.6 47.5 257 6,650 1,234 15.2 155,432 101,801 65.5 95,660 156,958 103,290 65.8 97,789 157,058 103,248 65.7 97,917 157,134 103,516 65.9 98,181 157,242 103,357 65.7 98,069 157,342 103,669 65.9 98,317 157,449 103,731 65.9 98,492 157,552 103,907 66.0 98,779 157,676 104,252 66.1 99,044 157,773 104,530 66.3 99,474 157,868 104,171 66.0 99,274 157,943 104,574 66.2 99,751 158,034 104,209 65.9 99,297 158,166 104,691 66.2 99,932 158,279 104,603 66.1 99,725 61.5 6,140 6.0 62.3 5,501 5.3 62.3 5,331 5.2 62.5 5,335 5.2 62.4 5,288 5.1 62.5 5,352 5.2 62.6 5,239 5.1 62.7 5,128 4.9 62.8 5,208 5.0 63.0 5,056 4.8 62.9 4,897 4.7 63.2 4,824 4.6 62.8 4,913 4.7 63.2 4,759 4.5 63.0 4,878 4.7 19,989 12,654 63.3 10,814 20,352 12,993 63.8 11,309 20,373 13,039 64.0 11,381 20,396 13,150 64.5 11,513 20,426 13,028 63.8 11,421 20,453 13,152 64.3 11,556 20,482 13,193 64.4 11,589 20,508 13,215 64.4 11,605 20,539 13,222 64.4 11,608 20,569 13,168 64.0 11,504 20,596 13,098 63.6 11,420 20,622 13,078 63.4 11,482 20,650 13,069 63.3 11,452 20,683 12,989 62.8 11,489 20,715 13,293 64.2 11,774 54.1 1,840 14.5 55.6 1,684 13.0 55.9 1,658 12.7 56.4 1,637 12.4 55.9 1,607 12.3 56.5 1,596 12.1 56.6 1,604 12.2 56.6 1,610 12.2 56.5 1,614 12.2 55.9 1,663 12.6 55.4 1,678 12.8 55.7 1,597 12.2 55.5 1,617 12.4 55.5 1,500 11.5 56.8 1,519 11.4 Jan. Feb. Mar. Apr. May June July TOTAL Civilian noninstitutional population'.................................... Civilian labor fo rce ....................... Participation rate .................. Employed................................... Employment-population ratio2 .................................... Unemployed............................... Unemployment ra te .............. Not in labor force ........................ Men, 20 years and over Civilian noninstitutional population'.................................... Civilian labor fo rce ....................... Participation rate .................. Employed ................................... Employment-population ratio2 .................................... Agriculture............................... Nonagricultural industries....... Unemployed............................... Unemployment ra te .............. Women, 20 years ond over Civilian noninstitutional population1.................................... Civilian labor fo rce ....................... Participation rate .................. Employed ................................... Employment-population ratio2 .................................... Agriculture............................... Nonagricultural industries....... Unemployed............................... Unemployment rate.............. Both sexes, 16 to 19 years Civilian noninstitutional population'.................................... Civilian labor fo rce ....................... Participation rate .................. Employed ................................... Employment-population ratio2 .................................... Agriculture............................... Nonagricultural industries....... Unemployed............................... Unemployment ra te .............. White Civilian noninstitutional population'.................................... Civilian labor fo rce ....................... Participation rate .................. Employed ................................... Employment-population ratio2 .................................... Unemployed............................... Unemployment rate.............. Black Civilian noninstitutional population'.................................... Civilian labor fo rce ....................... Participation rate .................. Employed ................................... Employment-population ratio2 .................................... Unemployed............................... Unemployment ra te .............. See footnotes at end of table. 66 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5. Continued— Employment status of the civilian population, by sex, age, race and Hispanic origin, monthly data seasonally adjusted (Numbers in thousands) 1988 1987 Annual average Employment status Feb. Mar. Apr. May June July Oct. Nov. Dec. Jan. 12,925 . 12,965 8,581 8,549 66.2 66.1 7,877 7,856 13,003 8,654 66.6 7,935 13,043 8,763 67.2 7,978 13,082 8,772 67.1 8,058 13,115 8,879 67.7 8,238 13,153 9,017 68.6 8,268 13,192 8,803 66.7 8,079 13,230 8,828 66.7 8,010 13,268 8,859 66.8 8,058 13,306 9,027 67.8 8,219 13,344 8,984 67.3 8,264 60.8 704 8.2 61.0 719 8.3 61.2 785 9.0 61.6 714 8.1 62.8 642 7.2 62.9 749 8.3 61.2 724 8.2 60.5 818 9.3 60.7 801 9.0 61.8 809 9.0 61.9 720 8.0 1986 1987 July Aug. 12,344 8,076 65.4 7,219 12,867 8,541 66.4 7,790 12,887 8,447 65.5 7,762 58.5 857 10.6 60.5 751 8.8 60.2 685 8.1 Sept. Hispanic origin Civilian noninstitutional population'.................................... Civilian labor fo rce ....................... Participation rate .................. Employed ................................... Employment-population ratio? .................................... Unemployed............................... Unemployment ra te .............. 60.8 693 8.1 ' The population figures are not seasonally adjusted. 2 Civilian employment as a percent of the civilian noninstitutional population. NOTE: Detail for the above race and Hispanic-origin groups will not sum to totals because data for the “ other races" groups are not presented and Hispanics are included in both the white and black population groups. 6. Selected employment indicators, monthly data seasonally adjusted (In thousands) 1988 1987 Annual average Selected categories 1986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July CHARACTERISTIC Civilian employed, 16 years and o ver............................................. 109,597 60,892 M e n .......................................... 48,706 Women .................................... 39,658 Married men, spouse present .. Married women, spouse 27,144 present.................................... 5,837 Women who maintain families . 112,440 62,107 50,334 40,265 112,639 62,150 50,489 40,262 113,050 62,341 50,709 40,308 112,872 62,368 50,504 40,404 113,210 62,468 50,742 40,556 113,504 62,581 50,923 40,645 113,744 62,656 51,088 40,711 114,129 62,808 51,321 40,404 114,409 63,059 51,350 40,475 114,103 62,759 51,344 40,481 114,713 63,323 51,390 40,459 114,195 63,030 51,166 40,267 115,018 63,411 51,607 40,485 115,059 63,490 51,569 40,535 28,107 6,060 28,283 6,033 28,189 6,107 28,069 6,151 28,099 6,178 28,175 6,237 28,249 6,227 28,441 6,168 28,707 6,157 28,805 6,160 28,859 6,055 28,567 5,957 28,713 6,085 28,654 6,145 1,547 1,447 169 1,632 1,423 153 1,625 1,424 153 1,591 1,393 155 1,624 1,415 139 1,705 1,430 140 1,595 1,407 155 1,599 1,450 156 1,666 1,454 138 1,677 1,414 114 1,648 1,423 142 1,678 1,385 155 1,526 1,346 159 1,562 1,359 167 1,539 1,346 148 98,299 16,342 81,957 1,235 80,722 7,881 255 100,771 16,800 83,970 1,208 82,762 8,201 260 100,825 16,876 83,949 1,212 82,737 8,216 266 101,241 16,794 84,447 1,175 83,272 8,214 248 101,282 16,928 84,354 1,100 83,254 8,204 297 101,522 17,033 84,489 1,222 83,267 8,274 242 101,943 17,118 84,825 1,286 83,539 8,222 235 101,997 17,064 84,933 1,200 83,733 8,280 248 102,507 17,197 85,310 1,147 84,163 8,150 237 102,683 16,948 85,735 1,170 84,565 8,312 228 102,279 16,908 85,371 1,175 84,196 8,366 248 102,538 17,015 85,523 1,092 84,431 8,637 281 101,927 16,887 85,040 1,156 83,884 8,917 307 103,000 17,064 85,935 1,150 84,786 8,577 301 103,133 16,959 86,174 1,123 85,051 8,528 255 5,588 2,456 2,800 13,935 5,401 2,385 2,672 14,395 5,428 2,429 2,683 14,437 5,283 2,468 2,526 14,573 5,261 2,213 2,683 14,415 5,353 2,377 2,655 14,488 5,534 2,408 2,696 14,523 5,262 2,284 2,638 14,711 5,367 2,396 2,640 14,571 5,566 2,478 2,598 14,572 5,343 2,520 2,535 14,603 5,194 2,236 2,502 15,016 4,844 2,227 2,315 14,790 5,317 2,364 2,637 14,507 5,382 2,490 2,581 15,070 5,345 2,305 2,719 13,502 5,122 2,201 2,587 13,928 5,154 2,261 2,599 13,953 5,016 2,265 2,463 14,099 4,986 2,034 2,603 13,987 5,067 2,196 2,557 14,011 5,241 2,209 2,597 14,064 5,004 2,111 2,552 14,222 5,145 2,260 2,566 14,096 5,254 2,327 2,457 14,123 5,106 2,325 2,475 14,141 4,924 2,121 2,397 14,592 4,623 2,120 2,236 14,338 5,076 2,199 2,566 14,083 5,185 2,351 2,545 14,669 MAJOR INDUSTRY AND CLASS OF WORKER Agriculture: Wage and salary workers ....... Self-employed workers............ Unpaid family workers............. Nonagricultural industries: Wage and salary w orkers....... Government .......................... Private industries................... Private households............. Other ................................... Self-employed workers............ Unpaid family w orkers............. PERSONS AT WORK PART TIME' All industries: Part time for economic reasons . Slack work ............................... Could only find part-time work Voluntary part time ..................... Nonagricultural industries: Part time for economic reasons . Slack work ............................... Could only find part-time work Voluntary part time ..................... 1 Excludes persons “ with a job but not at work” during the survey period for such reasons as vacation, illness, or industrial disputes. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 67 M ONTHLY LABOR REVIEW 7. October 1988 • Current Labor Statistics: Employment Data Selected unemployment indicators, monthly data seasonally adjusted (Unemployment rates) Annual average 1987 1988 Selected categories 1986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Total, all civilian workers......................................... Both sexes, 16 to 19 years................................ Men, 20 years and o v e r.................................... Women, 20 years and over................................ 7.0 18.3 6.1 6.2 6.2 16.9 5.4 5.4 6.0 15.8 5.4 5.4 6.0 16.2 5.2 5.3 5.9 16.4 5.0 5.4 6.0 17.2 5.1 5.2 5.9 16.6 5.0 5.2 5.8 16.1 4.9 5.2 5.8 16.0 5.1 5.1 5.7 15.4 4.9 5.2 5.6 16.5 4.9 4.8 5.4 15.9 4.6 4.8 5.6 15.6 4.9 4.9 5.3 13.6 4.6 4.9 5.4 15.2 4.5 5.1 White, total ......................................................... Both sexes, 16 to 19 years............................. Men, 16 to 19 years ................................... Women, 16 to 19 years.............................. Men, 20 years and over .................................. Women, 20 years and over............................. 6.0 15.6 16.3 14.9 5.3 5.4 5.3 14.4 15.5 13.4 4.8 4.6 5.2 13.3 13.5 13.1 4.7 4.5 5.2 14.1 15.2 12.9 4.6 4.4 5.1 14.3 15.1 13.4 4.4 4.5 5.2 14.5 15.1 13.8 4.6 4.3 5.1 14.1 14.8 13.3 4.4 4.4 4.9 13.6 14.9 12.3 4.3 4.4 5.0 14.0 14.4 13.6 4.4 4.2 4.8 12.4 12.2 12.7 4.1 4.5 4.7 14.1 15.7 12.4 4.2 3.9 4.6 14.1 14.5 13.7 4.0 3.9 4.7 13.1 13.8 12.4 4.2 4.0 4.5 12.0 12.8 11.1 4.0 4.0 4.7 12.9 14.6 11.1 3.9 4.3 Black, total ......................................................... Both sexes, 16 to 19 years............................. Men, 16 to 19 years ................................... Women, 16 to 19 years.............................. Men, 20 years and over .................................. Women, 20 years and over............................. 14.5 39.3 39.3 39.2 12.9 12.4 13.0 34.7 34.4 34.9 11.1 11.6 12.7 32.7 32.4 33.1 11.2 11.4 12.4 30.6 33.7 27.1 10.7 11.3 12.3 30.8 31.5 30.0 10.1 11.7 12.1 33.8 32.5 35.2 9.8 11.0 12.2 33.9 32.2 35.8 10.2 10.8 12.2 33.4 33.5 33.4 10.1 10.9 12.2 35.0 35.1 34.9 10.1 11.1 12.6 38.3 42.0 34.7 11.3 10.4 12.8 36.9 39.0 35.0 11.4 10.9 12.2 31.4 27.6 35.5 10.6 11.3 12.4 34.8 33.3 36.6 10.8 10.6 11.5 28.4 30.4 25.9 10.0 10.7 11.4 31.1 30.4 31.8 9.5 10.4 Hispanic origin, to ta l........................................... 10.6 8.8 8.1 8.1 8.2 8.3 9.0 8.1 7.2 8.3 8.2 9.3 9.0 9.0 8.0 Married men, spouse present............................ Married women, spouse present....................... Women who maintain families........................... Full-time workers ................................................ Part-time workers ............................................... Unemployed 15 weeks and over....................... Labor force time lost1 ........................................ 4.4 5.2 9.8 6.6 9.1 1.9 7.9 3.9 4.3 9.2 5.8 8.4 1.7 7.1 3.8 4.2 9.3 5.7 8.1 1.6 6.9 3.7 4.3 9.0 5.6 8.2 1.6 6.9 3.7 4.2 8.8 5.5 8.4 1.6 6.8 3.7 4.2 8.9 5.6 8.3 1.5 6.8 3.5 4.2 8.5 5.5 8.2 1.5 6.8 3.4 4.3 8.4 5.4 8.0 1.5 6.6 3.6 4.2 8.9 5.4 8.3 1.4 6.6 3.4 4.1 8.3 5.3 7.9 1.4 6.6 3.4 4.0 7.5 5.3 7.7 1.4 6.5 3.0 3.8 8.7 5.1 7.4 1.3 6.2 3.3 3.9 8.4 5.2 7.7 1.3 6.4 3.1 3.7 7.8 4.9 7.8 1.2 6.3 3.0 4.1 8.6 5.0 8.1 1.3 6.4 7.0 13.5 13.1 7.1 6.9 7.4 5.1 7.6 5.5 3.6 12.5 6.2 10.0 11.6 6.0 5.8 6.3 4.5 6.9 4.9 3.5 10.5 6.1 7.9 10.8 6.0 6.0 5.9 4.4 6.8 5.1 3.4 10.9 6.0 8.6 11.3 5.6 5.5 5.8 4.4 7.0 4.7 3.7 10.6 5.9 7.4 11.9 5.6 5.4 5.9 4.1 6.4 4.8 3.4 8.6 5.9 8.3 11.2 5.7 5.2 6.5 4.4 6.5 4.7 3.3 10.6 5.8 7.0 10.6 5.3 4.8 5.9 4.5 6.8 4.8 3.4 11.1 5.7 8.0 10.6 5.1 4.8 5.6 4.6 6.2 4.8 3.2 10.9 5.8 7.7 12.2 5.6 5.5 5.8 3.6 6.1 4.9 3.0 11.5 5.7 7.8 11.0 5.6 5.9 5.3 3.6 6.4 4.5 2.8 10.2 5.6 7.9 10.7 5.2 5.2 5.3 4.2 6.8 4.2 2.8 11.0 5.3 8.4 10.6 5.3 4.8 6.0 3.8 5.9 4.1 3.0 10.6 5.7 10.4 10.5 5.4 4.9 6.0 4.4 6.3 4.6 2.9 13.9 5.4 6.7 10.2 4.8 4.4 5.4 4.1 5.9 4.6 2.8 9.7 5.4 5.3 10.2 5.2 5.0 5.6 3.5 6.2 4.5 3.1 10.8 CHARACTERISTIC INDUSTRY Nonagricultural private wage and salary workers .... Mining................................................................. Construction ....................................................... Manufacturing .................................................... Durable goods................................................. Nondurable goods ........................................... Transportation and public utilities ..................... Wholesale and retail tra d e ................................. Finance and service industries.......................... Government workers ............................................... Agricultural wage and salary workers .................... 1 Aggregate hours lost by the unemployed and persons on part time for economic reasons as a percent of potentially available labor force hours. 68 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Unemployment rates by sex and age, monthly data seasonally adjusted (Civilian workers) Annual average Sex and age 1987 1986 1988 1987 July Oct. Sept. Aug. Nov. Jan. Dec. Apr. Mar. Feb. June May July Total, 16 years and over ......... 16 to 24 years...................... 16 to 19 years ................... 16 to 17 years ................. 18 to 19 years ................. 20 to 24 years ................... 25 years and over................. 25 to 54 years ................. 55 years and over........... 7.0 13.3 18.3 20.2 17.0 10.7 5.4 5.7 3.9 6.2 12.2 16.9 19.1 15.2 9.7 4.8 5.0 3.3 6.0 11.8 15.8 17.5 13.9 9.7 4.7 5.0 3.1 6.0 11.8 16.2 18.3 14.7 9.4 4.7 4.9 3.2 5.9 11.8 16.4 18.3 15.2 9.4 4.6 4.8 3.3 6.0 11.8 17.2 20.4 14.7 8.8 4.6 4.8 3.1 5.9 11.6 16.6 19.2 14.8 8.9 4.5 4.7 3.4 5.8 11.2 16.1 17.8 14.7 8.5 4.5 4.8 3.2 5.8 11.6 16.0 18.7 14.5 9.1 4.5 4.7 3.5 5.7 11.1 15.4 17.4 13.9 8.7 4.5 4.7 3.3 5.6 11.7 16.5 17.6 15.8 9.1 4.2 4.5 2.9 5.4 11.2 15.9 17.8 14.2 8.7 4.1 4.3 2.9 5.6 11.3 15.6 16.1 15.3 8.9 4.3 4.5 3.5 5.3 10.3 13.6 15.4 12.9 8.4 4.1 4.4 2.9 5.4 10.9 15.2 17.5 13.0 8.5 4.2 4.4 3.1 Men, 16 years and over..... 16 to 24 years ................. 16 to 19 years............... 16 to 17 years............ 18 to 19 years............ 20 to 24 years............... 25 years and over........... 25 to 54 years............ 55 years and over....... 6.9 13.7 19.0 20.8 17.7 11.0 5.4 5.6 4.1 6.2 12.6 17.8 20.2 16.0 9.9 4.8 5.0 3.5 6.0 11.9 15.9 17.1 13.7 9.9 4.7 4.9 3.4 6.1 12.5 17.8 20.5 15.9 9.6 4.7 4.9 3.4 5.8 12.1 17.3 19.7 15.9 9.3 4.5 4.7 3.2 5.9 12.1 17.4 20.9 14.8 9.2 4.5 4.8 3.1 5.8 12.0 17.2 20.4 14.8 9.2 4.4 4.6 3.5 5.7 11.7 17.2 19.3 15.3 8.7 4.4 4.6 3.2 5.8 12.2 16.4 19.4 14.9 9.9 4.4 4.5 4.0 5.6 11.3 15.6 16.9 14.7 9.0 4.3 4.5 3.4 5.7 12.1 17.8 18.5 17.3 9.1 4.3 4.5 3.4 5.3 11.2 15.8 17.2 14.7 8.8 4.1 4.2 3.1 5.6 11.6 16.2 16.7 15.8 9.1 4.3 4.4 3.7 5.2 10.5 14.7 17.0 14.2 8.2 4.1 4.2 3.2 5.3 11.3 16.6 17.9 14.7 8.4 3.9 4.1 3.1 Women, 16 years and over 16 to 24 years................ 16 to 19 years ............. 16 to 17 years .......... 18 to 19 years .......... 20 to 24 years ............. 25 years and over.......... 25 to 54 years .......... 55 years and over.... 7.1 12.8 17.6 19.6 16.3 10.3 5.5 5.9 3.6 6.2 11.7 15.9 18.0 14.3 9.4 4.8 5.1 3.0 6.1 11.7 15.7 18.0 14.1 9.5 4.7 5.0 2.6 6.0 11.0 14.4 16.0 13.4 9.0 4.7 5.0 2.9 6.1 11.5 15.4 16.9 14.4 9.4 4.7 4.9 3.5 6.1 11.5 16.9 19.9 14.6 8.5 4.7 4.9 3.1 6.0 11.2 16.0 17.9 14.7 8.6 4.7 4.9 3.2 5.9 10.7 14.8 16.2 14.1 8.4 4.7 4.9 3.3 5.9 10.9 15.6 17.9 14.1 8.2 4.6 4.9 2.8 5.9 10.8 15.1 18.0 13.1 8.4 4.7 4.9 3.1 5.5 11.3 15.2 16.6 14.2 9.1 4.1 4.4 2.3 5.6 11.3 16.0 18.4 13.7 8.7 4.2 4.5 2.7 5.6 11.0 15.0 15.5 14.7 8.8 4.3 4.5 3.2 5.4 10.0 12.4 13.7 11.6 8.7 4.2 4.6 2.6 5.7 10.5 13.6 17.0 11.2 8.7 4.5 4.7 3.0 9. Unemployed persons by reason for unemployment, monthly data seasonally adjusted (Numbers in thousands) 1988 1987 Annual average Reason for unemployment 1986 Job losers ................................................................ On layoff................................................................ Other job losers.................................................... Job leavers .............................................................. Reentrants ............................................................... New entrants ........................................................... 1987 July Aug. Oct. Sept. Nov. Dec. Jan. Feb. Mar. Apr. May June July 4,033 1,090 2,943 1,015 2,160 1,029 3,566 943 2,623 965 1,974 920 3,529 916 2,613 989 1,930 844 3,389 874 2,515 992 1,969 855 3,313 820 2,493 981 1,908 882 3,388 944 2,444 960 1,845 914 3,307 878 2,429 926 1,974 855 3,200 856 2,344 946 1,945 909 3,209 888 2,320 1,082 1,917 885 3,207 884 2,323 961 1,951 864 3,139 899 2,240 1,075 1,756 887 2,916 821 2,095 993 1,784 915 3,236 793 2,443 926 1,789 807 3,059 863 2,196 944 1,723 777 3,087 852 2,235 904 1,901 776 48.9 13.2 35.7 12.3 26.2 12.5 48.0 12.7 35.3 13.0 26.6 12.4 48.4 12.6 35.8 13.6 26.5 11.6 47.0 12.1 34.9 13.8 27.3 11.9 46.8 11.6 35.2 13.8 26.9 12.5 47.7 13.3 34.4 13.5 26.0 12.9 46.8 12.4 34.4 13.1 28.0 12.1 45.7 12.2 33.5 13.5 27.8 13.0 45.2 12.5 32.7 15.3 27.0 12.5 45.9 12.7 33.3 13.8 27.9 12.4 45.8 13.1 32.7 15.7 25.6 12.9 44.1 12.4 31.7 15.0 27.0 13.8 47.9 11.7 36.2 13.7 26.5 11.9 47.0 13.3 33.8 14.5 26.5 11.9 46.3 12.8 33.5 13.6 28.5 11.6 3.4 .9 1.8 .9 3.0 .8 1.6 .8 2.9 .8 1.6 .7 2.8 .8 1.6 .7 2.8 .8 1.6 .7 2.8 .8 1.5 .8 2.7 .8 1.6 .7 2.7 .8 1.6 .8 2.6 .9 1.6 .7 2.6 .8 1.6 .7 2.6 .9 1.5 .7 2.4 .8 1.5 .8 2.7 .8 1.5 .7 2.5 .8 1.4 .6 2.5 .7 1.6 .6 PERCENT OF UNEMPLOYED Job losers.............................................................. On la yo ff............................................................. Other job losers................................................. Job leavers............................................................ Reentrants............................................................. New entrants ........................................................ PERCENT OF CIVILIAN LABOR FORCE Job losers ................................................................ Job leavers .............................................................. Reentrants ............................................................... New entrants ........................................................... 10. Duration of unemployment, monthly data seasonally adjusted (Numbers in thousands) 1988 1987 Annual average Weeks of unemployment Feb. Mar. Apr. May June July 1986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Less than 5 weeks ........................................... 5 to 14 weeks .................................................. 15 weeks and o ve r........................................... 15 to 26 weeks .............................................. 27 weeks and o v e r........................................ 3,448 2,557 2,232 1,045 1,187 3,246 2,196 1,983 943 1,040 3,186 2,144 1,920 945 975 3,203 2,142 1,896 834 1,062 3,220 1,949 1,904 917 987 3,223 2,093 1,801 844 957 3,218 2,029 1,834 899 935 3,229 1,968 1,791 892 899 3,089 2,263 1,733 839 894 3,084 2,145 1,740 841 899 3,009 2,101 1,722 887 835 3,125 1,956 1,540 725 816 3,075 2,110 1,609 784 825 3,066 1,890 1,512 727 785 2,965 2,078 1,629 838 791 Mean duration in weeks................................... Median duration in weeks................................. 15.0 6.9 14.5 6.5 14.2 6.6 14.3 6.4 14.2 5.8 14.1 6.2 14.0 6.1 14.2 6.0 14.4 6.4 14.4 6.4 13.7 6.6 13.4 5.6 13.8 5.9 12.9 6.0 13.6 6.3 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 69 M ONTHLY LABOR REVIEW October 1988 • Current Labor Statistics: Employment Data 11. Unemployment rates of civilian workers by State, data not seasonally adjusted State June 1987 June 1988 Alabama......................... Alaska .............................................. Ar.zona.............................................. Arkansas................................................. California................................................... 7.5 11.0 6.6 8.0 5.4 6.8 8.7 6.1 7.8 5.4 Colorado ............................... Connecticut ................................. Delaware.......................... District of Columbia.............................. Florida ......................................... 7.6 3.3 3.0 6.3 5.3 6.2 3.0 3.0 5.2 4.8 Georgia ............................................... Hawaii.................................................. loaho ................................................ Illinois ................................................... Indiana ....................................... 5.7 4.3 7.2 7.8 6.2 6.3 3.1 5.6 6.9 4.6 Iowa............................................ Kansas ........................................ Kentucky........................................ Louisiana................................. Maine........................................ 5.3 4.8 8.7 12 6 4.1 4.0 4.3 7.8 10.5 3.7 Maryland ....................................... Massachusetts..................................... Michigan................................. Minnesota............................................ Mississippi................................................. Missour ................................................... 4.2 3.1 8.9 5.2 10.6 6.1 4.4 3.4 7.1 3.4 7.8 5.1 NOTE: Some data in this table may differ from data published elsewhere because of the continual updating of the 12. June 1987 June 1988 7.0 4.9 6.2 2.6 6.4 3.3 5.4 2.0 North Carolina ......................... North Dakota ......................... 4.1 9.4 4.6 4.9 4.7 3.6 8.7 3.4 3.5 3.9 Ohio ........................... Oklahoma........................... Oregon........................... Pennsylvania.............................. Rhode Island................... 7.3 7.7 5.5 6.2 3.9 6.1 6.1 5.8 5.6 3.1 South Carolina.......................... South Dakota........................................... Tennessee ............................................... Utah ........................................... ..... 5.7 3.9 6.5 9.6 6.5 4.7 3.5 5.4 8.0 4.7 Vermont........................ 3.3 2.5 3.8 5.9 State Nebraska ................................ Nevada ................................. New Hampshire................................ New Jersey ................... New Mexico ................ Wisconsin.............................. 4.3 7.2 10.3 5.8 4.0 7.7 4.8 database, Employment of workers on nonagricultural payrolls by State, data not seasonally adjusted (In thousands) — State June 1987 May 1988 June 1988p Alabama.............. Alaska ................. Arizona................ Arkansas.............. California.............. 1,506.6 219.1 1,370.3 837.7 11,687.3 1,527.2 209.6 1,420.2 860.7 12,050.1 1,542.2 216.4 1,394.5 861.9 12,121.0 Colorado .............. Connecticut ......... Delaware.............. District of Columbia Florida ................. 1,405.4 1,663.3 326.0 658.5 4,841.3 1,394.3 1,670.9 332.0 668.2 5,093.8 1,399.2 1,686.9 338.3 673.4 5,082.3 Georgia ............... Hawaii.................. Idaho ................... Illinois .................. Indiana ................ 2,779.8 459.6 337.3 4,912.3 2,317.4 2,792.8 467.9 343.2 5,006.9 2,402.8 Iowa.................... Kansas ................ Kentucky.............. Louisiana.............. Maine................... 1,115.4 1,002.9 1,313.7 1,482.5 511.3 1,149.2 1,023.4 1,358.9 1,498.3 520.6 Maryland .............. Massachusetts...... Michigan............... Minnesota............. Mississippi............. Missouri................ Montana............... 2,050.7 3,091.2 3,732.3 1,982.0 860.5 2,196.9 279.6 2,039.2 3,124.4 3,766.0 2,026.5 888.0 2,229.9 275.5 70 June 1987 May 1988 June 1988p 661.7 504.5 519.1 676.7 527.7 530.3 675.3 532.1 538.6 New Jersey ............................. New Mexico .................................. New York............................. North Carolina ................................. North Dakota ................................. 3,638.5 530.8 8,124.9 2,872.4 255.4 3,672.1 540.0 8,215.2 2,941.5 257.4 3.720.0 542.5 8.272.0 2.962.1 258.5 Ohio .......................................... Oklahoma................................... 2,800.9 Oregon................................... 469.0 Pennsylvania......................... 346.6 Rhode Island............................ 5,036.0 2,404.3 South Carolina.................................. South Dakota................................ 1,148.0 Tennessee ................................ 1,025.1 Texas ..................................... 1,362.1 Utah ................................... 1,501.9 534.7 Vermont....................................... Virginia..................................... 2,043.8 Washington ......................... 3,154.4 West Virginia....................... 3,778.7 Wisconsin ..................... 2,043.0 884.3 Wyoming............................ 2,232.6 Puerto R ic o ........................ 278.4^ Virgin Islands ................................... 4,611.6 1,114.3 1,109.2 4,944.9 455.7 4,704.6 1,103.3 1,134.3 5,038.1 459.6 4.726.6 1.108.2 1.148.3 5.068.6 460.3 1,406.2 261.3 2,020.4 6,483.8 642.2 1,448.7 262.6 2,063.9 6,587.3 649.8 1.452.4 266.0 2.067.7 6,592.3 653.2 246.0 2,711.8 1,864.3 603.1 2,105.5 248.0 2,787.5 1,921.9 616.5 2,145.2 249.2 2.817.1 1.941.7 606.4 2.181.1 186.2 788.1 38.7 178.2 788.4 40.3 183.7 821.3 40.1 p = preliminary NOTE: Some data in this table may differ from data published elsewhere https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis State Nebraska........................................ Nevada ........................................ New Hampshire............................ because of the continual updating of the database. 13. Employment of workers on nonagricultural payrolls by industry, monthly data seasonally adjusted (In thousands) 1986 1987 1988 1987 Annual average Industry July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Junep Julyp TOTAL ..................... PRIVATE SECTOR ..................... 99,525 82,832 102,310 85,295 102,430 85,421 102,672 85,656 102,906 85,851 103,371 86,241 103,678 86,520 104,001 86,794 104,262 87,044 104,729 87,475 105,020 87,700 105,281 87,973 105,489 88,139 106,021 88,661 106,304 88,929 GOODS-PRODUCING Mining ........................... ............... Oil and gas extraction ................ 24,558 777 451 24,784 721 405 24,788 722 408 24,851 728 412 24,902 734 417 25,025 740 421 25,123 736 418 25,201 735 417 25,180 728 414 25,271 731 415 25,330 733 419 25,435 737 421 25,466 739 425 25,590 740 425 25,672 740 423 General building contractors...... 4,816 1,291 4,998 1,326 4,997 1,320 5,012 1,326 5,012 1,328 5,060 1,340 5,090 1,348 5,118 1,352 5,083 1,365 5,150 1,377 5,192 1,383 5,238 1,400 5,237 1,394 5,305 1,411 5,319 1,389 Production workers .................... 18,965 12,877 19,065 12,995 19,069 13,006 19,111 13,038 19,156 13,075 19,225 13,118 19,297 13,175 19,348 13,215 19,369 13,225 19,390 13,249 19,405 13,251 19,460 13,280 19,490 13,302 19,545 13,341 19,613 13,406 Durable goods............................ Production workers ..................... 11,230 7,426 11,218 7,453 11,190 7,432 11,246 7,483 11,269 7,499 11,315 7,532 11,355 7,564 11,390 7,590 11,393 7,582 11,404 7,599 11,411 7,598 11,459 7,632 11,477 7,649 11,514 7,677 11,573 7,740 Lumber and wood products........ Stone, clay, and glass products ... Primary metal industries .............. 710 498 585 752 740 518 582 749 740 524 579 751 739 524 580 755 744 526 580 761 744 529 583 766 750 531 585 768 754 533 588 769 754 536 583 768 756 535 584 770 755 534 585 772 758 535 587 773 757 53/ 585 776 758 53/ 587 781 755 543 588 790 products........................... ........... Fabricated metal products........... 274 1,423 269 1,407 272 1,404 274 1,405 276 1,412 278 1,421 279 1,429 279 1,433 279 1,435 280 1,438 281 1,439 281 1,444 281 1,448 282 1,456 283 1,463 Machinery, except electrical........ 2,053 2,023 2,020 2,031 2,039 2,049 2,062 2,074 2,085 2,091 2,099 2,111 2,121 2,135 2,159 2,110 2,046 851 704 2,112 2,036 839 704 2,112 2,031 837 705 2,115 2,025 835 705 2,117 2,045 848 706 2,115 2,048 851 709 2,120 2,046 849 712 2,126 2,050 856 379 380 382 382 383 381 382 386 8,013 5,653 8,031 5,664 8,040 5,666 equipment.................................... Transportation equipment............ Instruments and related products Miscellaneous manufacturing industries.................................... 2,116 2,025 872 706 2,084 2,048 865 696 2,075 2,032 842 695 2,081 2,063 874 696 2,085 2,052 860 696 2,094 2,052 859 700 2,100 2,047 854 704 361 370 370 372 374 377 379 Nondurable goods...................... Production workers...................... 7,734 5,450 7,847 5,543 7,879 5,574 7,865 5,555 7,887 5,576 7,910 5,586 7,942 5,611 7,958 5,625 7,976 5,643 7,986 5,650 7,994 5,653 8,001 5,648 Food and kindred products......... 1,609 59 703 1,624 54 725 1,629 55 730 1,625 54 728 1,627 53 730 1,630 52 731 1,636 54 733 1,638 54 733 1,647 55 732 1,649 54 732 1,647 54 729 1,648 54 727 1,643 52 728 1,648 53 727 1,645 53 728 1,101 674 1,100 679 1,116 678 1,098 680 1,104 682 1,106 682 1,110 683 1,106 684 1,105 685 1,104 686 1,106 687 1,100 687 1,100 689 1,096 691 1,089 691 1,459 1,022 169 1,507 1,026 165 1,510 1,025 165 1,514 1,029 165 1,518 1,032 166 1,522 1,036 167 1,528 1,041 167 1,532 1,047 167 1,538 1,047 166 1,544 1,049 165 1,548 1,052 164 1,554 1,056 165 1,559 1,060 166 1,564 1,066 1,568 1,071 790 149 823 144 824 147 827 145 830 145 839 145 845 145 851 146 854 147 856 147 860 147 864 146 870 146 874 146 884 144 74,967 77,525 77,642 77,821 78,004 78,346 78,555 78,800 79,082 79,458 79,690 79,846 80,023 80,431 80,632 5,543 3,298 5,556 3,308 5,578 3,328 5,593 3,342 Textile mill products.................... Apparel and other textile products...................................... Paper and allied products ........... Printing and publishing................. Petroleum and coal products...... Rubber and mise, plastics products...................................... Leather and leather products ...... SERVICE-PRODUCING ................. Transportation and public Transportation.............................. Communication and public utilities......................................... Durable goods.............................. Nondurable goods....................... Food stores................................. Automotive dealers and service Eating and drinking places......... Federal ...................................... State .......................................... Local.......................................... 5,481 3,244 2,234 2,235 2,237 5,984 3,536 2,448 5,385 3,166 5,373 3,151 5,394 3,171 5,427 3,201 5,448 3,214 2,197 2,218 2,222 2,223 2,226 5,513 3,272 5,530 3,285 2,238 2,241 2,245 2,245 2,248 2,250 2,251 6,010 3,555 2,455 6,035 3,573 2,462 6,061 3,591 2,470 6,089 3,610 2,479 6,115 3,635 2,480 6,145 3,658 2,487 6,169 3,682 2,487 5,499. 3,261 5,753 3,383 2,370 5,872 3,449 2,423 5,874 3,450 2,424 5,892 3,463 2,429 5,914 3,478 2,436 5,935 3,498 2,437 5,958 3,514 2,444 17,930 2,366 2,899 18,509 2,432 2,957 18,543 2,437 2,962 18,569 2,449 2,961 18,605 2,457 2,958 18,705 2,489 2,971 18,761 2,495 2,979 18,784 2,494 2,988 18,927 2,526 3,014 19,045 2,561 3,029 19,050 2,543 3,044 19,093 2,546 3,049 19,130 2,541 3,053 19,213 2,546 3,080 19,295 2,549 3,100 1,944 5,916 2,004 6,127 2,007 6,128 2,010 6,143 2,015 6,152 2,026 6,191 2,026 6,216 2,033 6,232 2,038 6,260 2,047 6,291 2,055 6,319 2,064 6,326 2,070 6,336 2,076 6,357 2,092 6,378 6,283 3,149 1,939 1,195 6,549 3,275 2,022 1,252 6,570 3,288 2,024 1,258 6,581 3,289 2,029 1,263 6,588 3,292 2,032 1,264 6,604 3,295 2,043 1,266 6,608 3,299 2,042 1,267 6,619 3,301 2,049 1,269 6,633 3,308 2,052 1,273 6,636 3,305 2,053 1,278 6,651 3,306 2,060 1,285 6,650 3,302 2,065 1,283 6,656 3,299 2,067 1,290 6,676 8,305 2,072 1,299 6,678 3,302 2,071 1,305 23,053 4,799 6,536 24,196 5,172 6,828 24,273 5,179 6,836 24,369 5,212 6,875 24,415 5,233 6,894 24,524 5,282 6,928 24,604 5,287 6,962 24,725 5,306 6,995 24,795 5,321 7,019 24,975 5,385 7,056 25,078 5,405 7,088 25,163 5,420 7,126 25,216 5,443 7,153 25,459 5,477 7,206 25,522 5,492 7,252 16,693 2,899 3 893 9,901 17,015 2,943 3,963 10,109 17,009 2,941 3,965 10,103 17,016 2,943 3,971 10,102 17,055 2,962 3,973 10,120 17,130 2,966 3,985 10,179 17,158 2,974 3,988 10,196 17,207 2,980 4,001 10,226 17,218 2,973 4,006 10,239 17,254 2,972 4,014 10,268 17,320 2,970 4,031 10,319 17,308 2,963 4,041 10,304 17,350 2,957 4,050 10,343 17,360 2,951 4,030 10,379 17,375 2,947 4,049 10,379 Finance, insurance, and real Real estate.................................. 5,466 3,231 5,255 3,058 ° = preliminary NOTE: See notes on the data for a description of the most recent benchmark revision. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 71 MONTHLY LABOR REVIEW October 1988 Current Labor Statistics: Employment Data 14. Average weekly hours of production or nonsupervisory workers on private nonagricultural payrolls by industry monthly data seasonally adjusted An lual ave rage 1987 1988 Industry f 986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Junep July0 PRIVATE SECTOR ................................... 34.8 34.8 34.8 34.8 34.6 34.9 34.8 34.6 34.7 34.8 34.6 34.9 34.7 34.7 34.9 MANUFACTURING........................................ Overtime hours........................................... 40.7 3.4 41.0 3.7 41.0 3.8 41.0 3.8 40.6 3.7 41.2 3.9 41.2 3.9 41.0 3.8 41.1 3.9 41.0 3.7 40.9 3.7 41.2 3.9 41.0 3.9 41.1 3.9 41.1 3.9 Durable goods................................. Overtime hours.................................... Lumber and wood products................................ Furniture and fixtures........................................ Stone, clay, and glass products......................... Primary metal industries ................................. Blast furnaces and basic steel products......... Fabricated metal products .................................. 41.3 3.5 40.3 39.8 42.2 41.9 41.7 41.3 41.5 3.8 40.6 40.0 42.3 43.1 43.4 41.5 41.6 3.8 40.6 40.0 42.3 43.2 43.7 41.5 41.5 3.9 40.5 40.0 42.2 43.3 43.7 41.5 41.0 3.7 39.6 39.5 42.0 43.2 44.6 40.9 41.8 4.0 40.4 40.1 42.5 43.6 43.9 41.9 41.8 4.0 40.7 40.2 42.4 43.5 43.8 42.1 41.5 3.9 40.4 39.8 42.5 43.4 44.0 41.7 41.6 4.0 40.2 39.6 42.0 43.4 44.0 41.8 41.5 3.8 40.3 39.5 42.3 43.1 43.8 41.6 41.5 3.8 40.1 39.3 42.3 43.3 43.7 41.6 42.0 4.2 40.6 39.5 42.5 43.5 43.8 42.0 41.8 4.2 40.1 39.5 42.3 43.6 43.9 41.9 41.8 4.1 40.2 39.3 42.4 43.6 44.3 42.0 41.7 4.0 40.4 39.4 42.2 43.4 43 7 41.6 Machinery except electrical ................................ Electrical and electronic equipment.................... Transportation equipment.................................... Motor vehicles and equipment......................... Instruments and related products ...................... Miscellaneous manufacturing.............................. 41.6 41.0 42.3 42.6 41.0 39.6 42.2 40.9 42.0 42.2 41.4 39.4 42.5 40.9 41.8 41.8 41.5 39.5 42.3 40.9 41.8 41.9 41.6 39.7 41.7 40.4 41.4 41.5 41.0 38.9 42.6 41.0 42.4 42.8 41.9 39.5 42.7 41.0 42.3 42.9 41.4 39.2 42.6 40.9 41.5 41.4 41.2 39.2 42.7 41.1 42.0 42.1 41.8 39.1 42.6 40.9 42.0 42.3 41.3 39.3 42.5 40.9 42.1 42.3 41.4 39.2 42.8 41.2 43.0 44.1 41.8 39.4 42.6 41.0 43.0 44.0 41.4 39.2 42.4 41.1 43.0 44.3 41.4 39.4 42.9 40.8 42.7 43.0 41.6 39.5 Nondurable goods.............................................. Overtime hours............................................... Food and kindred products................................. Textile mill products............................................ Apparel and other textile products..................... Paper and allied products ................................... 39.9 3.3 40.0 41.1 36.7 43.2 40.2 3.6 40.2 41.8 37.0 43.4 40.3 3.7 40.1 42.3 37.2 43.5 40.3 3.7 40.2 42.0 37.2 43.4 40.1 3.6 40.2 41.4 36.4 43.7 40.4 3.8 40.4 41.8 37.3 43.6 40.3 3.7 40.4 41.6 37.1 43.5 40.3 3.7 40.5 41.5 37.1 43.3 40.3 3.8 40.6 41.5 36.8 43.4 40.2 3.6 40.3 41.6 37.0 43.3 40.1 3.6 40.1 41.2 37.0 43.2 40.3 3.6 40.1 41.6 37.4 43.3 40.0 3.6 40.1 40.8 36.8 43.3 40.1 3.6 40.4 40.6 37.0 43.1 40.3 3.8 40.6 41.1 37.2 43.3 Printing and publishing........................................ Chemicals and allied products............................ Rubber and miscellaneous plastics products..... Leather and leather products ............................. 38.0 41.9 41.3 36.9 38.0 42.3 41.6 38.2 38.1 42.2 41.6 38.4 38.1 42.4 41.6 38.9 38.1 42.5 41.3 37.8 38.1 42.5 41.8 38.8 38.0 42.5 41.8 38.3 38.0 42.5 41.6 38.0 38.1 42.5 41.7 38.0 38.1 42.4 41.6 37.8 38.1 42.5 41.7 37.9 38.2 42.1 42.0 37.3 37.7 42.0 41.7 37.3 38.0 42.4 41.6 36.9 38.0 42.3 41.9 37.4 39.1 39.3 39.2 39.1 39.5 39.1 38.8 39.5 39.4 39.3 39.4 TRANSPORTATION AND PUBLIC UTILITIES 39.2 39.2 39.3 39.3 WHOLESALE TRADE........................................... 37.7 37.5 38.1 38.2 38.0 38.2 38.2 38.0 38.1 38.2 38.1 38.3 38.0 38.0 38.2 RETAIL TRADE ................................................... 29.2 29.2 29.3 29.4 29.5 29.2 29.2 28.8 29.0 29.1 29.0 29.2 29.0 29.1 29.3 SERVICES .......................................................... 32.5 32.7 32.5 32.5 32.7 ____ 32.5 32.5 32.5 p = preliminary NOTE: See “ Notes on the data” for a description of the most recent 72 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 32.5 32.6 l 32.6 32.5 benchmark adjustment. 32.6 32.7 32.4 15. Average hourly earnings of production or nonsupervisory workers on private nonagricultural payrolls by industry Annual average 1988 1987 Industry June» July13 1986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May PRIVATE SECTOR................................................ $8.76 Seasonally adjusted ......................................... - $8.98 - $8.90 8.96 $8.94 9.01 $9.05 9.02 $9.08 9.07 $9.13 9.10 $9.13 9.11 $9.18 9.14 $9.17 9.13 $9.18 9.16 $9.23 9.23 $9.26 9.27 $9.23 9.28 $9.25 9.32 MINING.................................................................. 12.46 12.52 12.41 12.40 12.50 12.42 12.54 12.60 12.77 12.71 12.59 12.60 12.54 12.55 12.61 CONSTRUCTION.................................................. 12.48 12.69 12.60 12.68 12.79 12.82 12.83 12.81 12.99 12.82 12.87 12.88 12.87 12.87 12.94 10.12 10.14 10.16 10.18 MANUFACTURING................................................ 9.73 9.91 9.87 9.86 9.99 9.95 10.01 10.07 10.07 10.05 10.07 Durable goods ..................................................... Lumber and wood products................................ Furniture and fixtures.......................................... Stone, clay, and glass products......................... Primary metal industries ..................................... Blast furnaces and basic steel products......... Fabricated metal products .................................. 10.29 8.34 7.46 10.04 11.86 13.73 9.88 10.43 8.40 7.67 10.25 11.94 13.78 10.00 10.38 8.45 7.66 10.30 11.93 13.63 9.93 10.39 8.48 7.74 10.28 11.93 13.74 9.94 10.49 8.46 7.74 10.37 12.19 14.12 10.00 10.48 8.42 7.71 10.27 12.00 13.88 10.06 10.54 8.47 7.71 10.30 12.04 13.89 10.10 10.60 8.43 7.78 10.29 12.11 13.93 10.19 10.60 8.51 7.80 10.35 12.06 13.82 10.12 10.58 8.53 7.74 10.33 12.03 13.89 10.13 10.59 8.45 7.76 10.36 12.07 13.89 10.14 10.65 8.50 7.81 10.41 12.11 13.94 10.22 10.67 8.54 7.87 10.45 12.13 13.96 10.23 10.70 8.59 7.89 10.47 12.16 13.97 10.27 10.70 8.64 7.94 10.55 12.19 14.00 10.19 Machinery, except electrical ............................... 10.57 Electrical and electronic equipment.................... 9.65 Transportation equipment.................................... 12.81 Motor vehicles and equipment......................... 13.45 9.47 Instruments and related products ...................... Miscellaneous manufacturing.............................. 7.55 10.70 9.88 12.95 13.55 9.71 7.75 10.67 9.86 12.82 13.35 9.71 7.72 10.70 9.88 12.88 13.40 9.74 7.72 10.74 9.94 13.04 13.64 9.76 7.78 10.79 9.92 13.07 13.69 9.78 7.79 10.83 9.98 13.18 13.79 9.83 7.80 10.89 10.03 13.25 13.87 9.84 7.91 10.85 10.02 13.22 13.94 9.93 7.97 10.82 10.02 13.17 13.85 9.92 7.90 10.84 10.04 13.20 13.93 9.88 7.91 10.88 10.09 13.28 14.09 9.89 7.92 10.90 10.12 13.31 14.10 9.87 7.94 10.93 10.15 13.38 14.17 9.90 7.93 10.94 10.20 13.30 13.94 10.04 8.00 Nondurable goods ............................................... 8.95 Food and kindred products................................. 8.75 Tobacco manufactures....................................... 12.88 Textile mill products............................................ 6.93 5.84 Apparel and other textile products..................... Paper and allied products................................... 11.18 9.18 8.94 14.03 7.17 5.93 11.43 9.18 8.88 15.17 7.13 5.87 11.49 9.14 8.82 14.55 7.16 5.88 11.41 9.30 8.95 13.34 7.23 5.99 11.66 9.20 8.88 13.18 7.24 5.97 11.46 9.26 8.98 13.75 7.29 5.98 11.49 9.32 9.07 13.69 7.31 6.00 11.53 9.32 9.06 13.79 7.34 6.02 11.54 9.31 9.06 14.01 7 30 6.02 11.50 9.33 9.07 14.42 7.31 6.03 11.52 9.37 9.14 14.98 7.35 6.04 11.60 9.38 9.15 15.24 7.31 6.05 11.64 9.39 9.12 15.78 7.33 6.08 11.63 9.46 9.14 16.14 7.30 6.02 11.74 9.99 Printing and publishing........................................ Chemicals and allied products............................ 11.98 Petroleum and coal products.............................. 14.19 8.73 Rubber and miscellaneous plastics products.... 5.92 Leather and leather products ............................. 10.28 12.37 14.59 8.91 6.08 10.24 12.37 14.51 8.96 5.99 10.32 12.33 14.54 8.93 6.04 10.48 12.56 14.74 9.01 6.13 10.41 12.50 14.66 8.93 6.12 10.39 12.55 14.77 8.98 6.15 10.43 12.61 14.73 9.04 6.16 10.38 12.55 14.89 9.00 6.16 10.40 12.55 14.96 9.00 6.19 10.45 12.53 14.98 9.00 6.23 10.40 12.57 15.00 9.04 6.29 10.43 12.59 14.93 9.04 6.27 10.44 12.60 15.04 9.06 6.27 10.47 12.71 15.24 9.10 6.26 TRANSPORTATION AND PUBLIC UTILITIES.... 11.70 12.03 12.00 12.06 12.11 12.12 12.21 12.24 12.16 12.23 12.19 12.27 12.28 12.29 12.31 9.78 9.78 9.78 9.88 9.87 9.85 9.94 WHOLESALE TRADE........................................... 9.35 9.59 9.56 9.60 9.64 9.65 9.72 9.73 RETAIL TRADE .................................................... 6.03 6.11 6.07 6.07 6.20 6.16 6.18 6.19 6.24 6.23 6.24 6.26 6.28 6.26 6.28 9.02 8.97 9.03 9.09 8.96 9.00 8.81 8.80 8.82 8.84 8.78 8.80 FINANCE, INSURANCE, AND REAL ESTATE... 8.36 8.73 8.63 8.74 8.73 8.76 8.89 8.81 8.96 SERVICES ............................................................. 8.18 8.48 8.34 8.40 8.54 8.61 8.71 8.73 8.81 - Data not available. p = preliminary https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis NOTE: See “ Notes on the data” for a description of the most recent benchmark revision. M ONTHLY LABOR REVIEW October 1988 • Current Labor Statistics: Employment Data 16. Average weekly earnings of production or nonsupervisory workers on private nonagricultural payrolls by industry Annual average 1987 Industry 1986 PRIVATE SECTOR Current dollars.................................... Seasonally adjusted........................ Constant (1977) dollars ......................... 1,987 July Aug. Sept. 1988 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Junep Julyp $304.85 $312.50 $311.50 $314.69 $314.04 $316.89 $317.72 $317.72 $315.79 $316.37 $315.79 $320.28 $320.40 $323.05 $324.68 311.81 313.55 312.09 316.54 316.68 315.21 317.16 317.72 316.94 322.13 321.67 322 02 325 27 171.07 169.28 168.47 169.28 168.12 169.19 169.45 169.54 167.97 168.01 167.08 168.57 167.92 168.61 MINING...................... 525.81 530.85 521.22 529.48 528.75 532.82 534.20 543.06 537.62 531.28 527.52 539.28 529.19 534.63 532.14 CONSTRUCTION..................... 466.75 479.68 486.36 489.45 466.84 497.42 475.99 481.66 466.34 462.80 481.34 488.15 491.63 498.07 498.19 MANUFACTURING Current dollars..................................... Constant (1977) dollars.......................... 396.01 222.23 406.31 220.10 400.72 216.72 403.27 216.93 407.59 218.20 410.94 219.40 414.41 221.02 420.93 224.62 412.87 219.61 409.04 217.23 411.86 217.92 414.92 218.38 414.73 217.36 418 59 218.47 414 33 Durable goods Lumber and wood products ................................ Furniture and fixtures............................ Stone, clay, and glass products......................... Primary metal industries .................... Blast furnaces and basic steel products ......... Fabricated metal products .............................. 424.98 336.10 296.91 423.69 496.93 572.54 408.04 432.85 341.04 306.80 433.58 514.61 598.05 415.00 425.58 341.38 301.04 438.78 510.60 595.63 405.14 429.11 345.98 311.92 437.93 511.80 594.94 410.52 431.14 337.55 309.60 440.73 526.61 631.16 410.00 438.06 341.85 314.57 441.61 520.80 603.78 422.52 442.68 342.19 313.03 436.72 526.15 608.38 428.24 449.44 341.42 319.76 435.27 534.05 618.49 435.11 440.96 336.15 303.42 423.32 524.61 606.70 423.02 436.95 339.49 301.09 426.63 519.70 609.77 418.37 440.54 337.16 302.64 435.12 523.84 606.99 421.82 444.11 345.10 305.37 442.43 526.79 613.36 426.17 444.94 345.87 307.72 447.26 527.66 612.84 426.59 448 33 351 33 310 08 448 12 531 39 621 67 432.37 440 84 347 33 307 28 Machinery, except electrical ............................... Electrical and electronic equipment.................... Transportation equipment.................................... Motor vehicles and equipment..................... Instruments and related products ...................... Miscellaneous manufacturing........................... 439.71 395.65 541.86 572.97 388.27 298.98 451.54 404.09 543.90 571.81 401.99 305.35 446.01 397.36 525.62 546.02 396.17 299.54 448.33 402.12 528.08 545.38 402.26 304.94 447.86 401.58 535.94 560.60 400.16 304.20 458.58 406.72 551.55 583.19 407.83 311.60 465.69 413.17 560.15 591.59 410.89 309.66 475.89 421.26 565.78 593.64 415.25 316.40 464.38 413.83 560.53 592.45 415.07 310.03 459.85 406.81 553.14 587.24 408.70 307.31 462.87 410.64 561.00 598.99 411.01 310.07 463.49 411.67 569.71 621.37 410.44 309.67 462.16 411.88 572.33 624.63 406 64 309.66 464 53 417 17 575 34 627 73 410 85 312.44 Nondurable goods .................................. Food and kindred products................................. Tobacco manufactures .................................. Textile mill products..................................... Apparel and other textile products..................... Paper and allied products ................................ 357.11 350.00 481.71 284.82 214.33 482.98 369.04 359.39 547.17 299.71 219.41 496.06 367.20 355.20 565.84 296.61 216.60 496.37 369.26 358.09 549.99 302.15 219.32 492.91 374.79 365.16 534.93 301.49 217.44 514.21 372.60 360.53 545.65 304.08 223.88 500.80 375.96 365.49 562.38 306.18 223.65 503.26 381.19 372.78 554.45 307.75 225.60 509.63 374.66 366.93 540.57 303.14 220.33 501.99 370.54 358.78 540.79 301.49 220.93 494.50 373.20 359.17 566.71 299.71 223.11 494.21 373.86 361.03 576.73 301.35 222.27 498.80 374.26 366.92 601.98 297.52 222.64 501.68 377.48 378 40 628.04 299 80 226.78 500.09 629 46 294 92 222 14 504.82 Printing and publishing........................................ Chemicals and allied products...................... Petroleum and coal products.............................. Rubber and miscellaneous plastics products............................................... Leather and leather products .......................... 379.62 501.96 621.52 390.64 523.25 641.96 388.10 518.30 651.50 394.22 519.09 633.94 403.48 536.31 648.56 397.66 528.75 645.04 397.94 535.89 651.36 403.64 542.23 655.49 392.36 533.38 658.14 393.12 530.87 647.77 399.19 532.53 654.63 395.20 529.20 666.00 391.13 528.78 658.41 392.54 534.24 676 80 395 77 533 82 688 85 360.55 218.45 370.66 232.26 367.36 231.81 369.70 235.56 372.11 231.71 374.17 237.46 377.16 236.16 383.30 237.78 376.20 231.62 372.60 227.79 375.30 233.00 377.87 232.73 376.06 235.75 377.80 237.63 375 83 236.00 TRANSPORTATION AND PUBLIC UTILITIES............................................ 458.64 471.58 475.20 478.78 474.71 477.53 479.85 479.81 474.24 475.75 470.53 480.98 481.38 485.46 488.71 WHOLESALE TRADE.................................. 358.11 365.38 365.19 367.68 366.32 369.60 371.30 371.69 370.66 370.66 370.66 377.42 375.06 376.27 380.70 RETAIL TRADE .............................. 176.08 178.41 182.10 183.31 182.90 179.26 179.22 181.37 176.59 177.56 178.46 180.91 181.49 184.04 188.40 FINANCE, INSURANCE, AND REAL ESTATE ....................................... 304.30 316.90 312.41 318.14 314.28 317.11 322.71 317.16 324.35 328.33 321.13 326.89 325.42 321.66 325.80 SERVICES .................................... 265.85 275.60 273.55 276.36 276.70 279.83 283.08 282.85 285.44 287.21 284.24 287.53 286.42 287.11 290.40 Data not available. p = preliminary 74 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 416.77 461 67 555 94 310.40 NOTE: See “ Notes on the data” for a description of the most recent benchmark revision. 17. The Hourly Earnings Index for production or nonsupervisory workers on private nonagricultural payrolls by industry _______________________ Seasonally adjusted Not seasonally adjusted Industry July 1988p June 1988p July 1987 May 1988 PRIVATE SECTOR (in current dollars) ......................... 172.6 178.6 178.2 178.9 Manufacturing ............................................................... Transportation and public utilities ................................ Wholesale trade' .......................................................... Retail trade .................................................................. Finance, insurance, and real estate' ........................... Services........................................................................ 181.8 154.0 174.7 174.9 176.5 160.5 185.5 179.1 184.2 157.5 178.5 180.5 182.2 165.8 195.9 189.5 184.5 157.5 178.7 180.4 181.6 165.6 193.7 188.4 185.5 158.2 179.1 180.6 183.1 166.2 194.5 189.2 PRIVATE SECTOR | in constant (1977) dollars | .......... 93.3 93.6 93.0 - June 1988p July 1987 Mar. 1988 Apr. 1988 May 1988 173.2 177.0 178.0 178.7 _ _ 154.9 174.5 176.2 161.1 180.9 157.5 177.3 179.4 ~ 163.8 186.9 _ 157.8 177.9 180.6 “ 164.8 188.3 93.7 93.5 93.6 178.6 July 1988p 179.5 - - - 157.5 178.4 181.6 ” 165.4 158.0 178.8 181.3 159.2 179.0 181.9 165.7 166.8 189.9 189.3 191.1 93.6 93.2 - p = preliminary. NOTE: See “ Notes on the data” for a description of the most recent benchmark revision. Publication of the Hourly Earnings Index series will be discontinued with the initial publication of December 1988 data. 1 This series is not seasonally adjusted because the seasonal component is small relative to the trend-cycle, irregular components, or both, and consequently cannot be separated with sufficient precision. - Data not available. 18. Indexes of diffusion: industries in which employment increased, data seasonally adjusted (In percent) Time span and year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Over 1-month span: 1986 ................................................................... 1987 ....................................................................... ................................................... 1988 57.0 50.8 61.6 47.3 59.2 61.6 49.5 61.1 62.2 50.8 62.4 63.8 51.9 62.4 58.1 46.8 61.6 69.7 51.9 70.8 63.8 54.1 62.2 51.4 68.1 53.0 67.3 58.9 67.8 - - - - Over 3-month span: 1986 ..................................................... 1987 ................................................................ .................................................... 1988 50.0 57.6 71.6 47.6 57.0 66.8 45.7 65.1 67.0 46.2 69.2 66.8 46.2 68.1 71.6 46.2 71.9 70.8 48.1 73.8 - 51.9 76.8 50.5 74.1 55.9 76.5 - - - Over 6-month span: 1986 ...................................................... 1987 ............................................................... 1988 ................................................. 48.1 64.6 73.5 47.3 64.3 70.3 43.8 63.0 70.5 42.7 70.3 73.8 43.2 72.4 47.0 77.3 46.5 78.4 50.0 79.7 55.9 82.7 - - - - - Over 1986 1987 1988 42.2 63.8 78.6 41.6 67.3 43.8 69.5 ” 44.9 73.5 45.7 76.8 48.6 76.8 46.8 78.9 48.6 78.9 51.6 79.7 12-month span: ....................................................................... ....................................................................... ....................................................................... _ - Data not available. NOTE: Figures are the percent of industries with employment rising. (Half of the unchanged components are counted as rising.) Data are centered within the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dec. 58.9 68.4 - 59.7 78.1 • - 59.2 73.0 - 53.2 77.8 55.9 77.0 58.4 76.5 - - - 53.8 78.4 56.5 77.8 57.8 81.9 spans. Data for the 2 most recent months shown In each span are preliminary. See the "Definitions” in this section. See “ Notes on the data" for a description of the most recent benchmark revision. M ONTHLY LABOR REVIEW 19. October 1988 • Current Labor Statistics: Employment Data Annual data: Employment status of the noninstitutlonal population (Numbers in thousands) Employment status 1979 1980 Noninstitutlonal population.............. 166,460 Labor force: Total (number)............. Percent of population................ Employed: Total (number)..................... Percent of population .............. Resident Armed Forces.... Civilian Total ................................ Agriculture.................... Nonagricultural Industries................. Unemployed: Total (number)..................... Percent of labor fo rc e .................. Not in labor force (number) .................... 20. 1981 1982 1983 1984 1985 1986 1987 169,349 173,939 175,891 178,080 179,912 182,293 184,490 106,559 64.0 108,544 64.1 111,872 113,226 64.4 115,241 64.7 117,167 65.1 119,540 65.6 121,602 65.9 100,421 60.3 1,597 100,907 59.6 1,604 101,194 106,702 59.9 1,697 108,856 60.5 1,706 111,303 61.1 1,706 114,177 61.9 1,737 98,824 3,347 95,477 59.4 1,645 1,668 102,510 58.3 1,676 99,303 3,364 95,938 97,030 99,526 3,401 96,125 100,834 3,383 97,450 105,005 3,321 101,685 107,150 3,179 103,971 109,597 3,163 106,434 112,440 3,208 109,232 6,137 5.8 7,637 7.0 7.5 10,678 9.5 10,717 9.5 8,539 7.4 8,312 7.1 8,237 6.9 7,425 6.1 59,900 60,806 61,460 62,067 62,665 62,839 62,744 62,752 62,888 Annual data: Employment levels by industry (Numbers in thousands) Industry 1979 1980 1981 1982 1983 1984 1985 1986 1987 Total employment................................... Private sector........................................ Goods-producmg ............................... Mining............................................ Construction ................................. Manufacturing................................ 89,823 73,876 26,461 958 4,463 21,040 90,406 74,166 25,658 1,027 4,346 20,285 91,156 75,126 25,497 1,139 4,188 20,170 89,566 73,729 23,813 1,128 3,905 18,781 90,200 74,330 23,334 952 3,948 18,434 94,496 78,472 24,727 966 4,383 19,378 97,519 81,125 24,859 927 4,673 19,260 99,525 82,832 24,558 777 4,816 18,965 102,310 85,295 24,784 721 4,998 19,065 Service-producing............................... Transportation and public utilities ... Wholesale trade ............................. Retail trade .................................... Finance, insurance, and real estate Services.......................................... 63,363 5,136 5,204 14,989 4,975 17,112 64,748 5,146 5,275 15,035 5,160 17,890 65,659 5,165 5,358 15,189 5,298 18,619 65,753 5,082 5,278 15,179 5,341 19,036 66,866 69,769 5,159 5,555 16,545 5,689 20,797 72,660 5,238 5,717 17,356 5,955 22,000 74,967 5,255 5,753 17,930 6,283 23,053 77,525 5,385 5,872 18,509 6,549 24,196 Government................................... Federal..................................... State ......................................... Local ........................................ 15,947 2,773 3,541 9,633 16,241 16,031 2,772 3,640 9,619 15,837 2,739 3,640 9,458 15,869 2,774 3,662 9,434 16,024 16,394 16,693 2,807 2,875 2,899 3,734 9,482 3,832 9,687 3,893 9,901 17,015 2,943 3,963 10,109 NOTE: 76 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis See “ Notes on the data" for a description of the most 2,866 3,610 9,765 4,954 5,268 15,613 5,468 19,694 recent benchmark revision. 21. Annual data: Average hours and earnings of production or nonsupervisory workers on nonagricultural payrolls, by industry Industry Private sector Average weekly hours..................... Average hourly earnings (In dollars) .. Average weekly earnings (in dollars) Mining 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) . Transportation and public utilities 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) . Retail trade Average weekly hours ..................... Average hourly earnings (in dollars) .. Average weekly earnings (in dollars) Finance, insurance, and real estate Average weekly hours ..................... Average hourly earnings (in dollars) .. Average weekly earnings (in dollars) Services Average weekly hours .................... Average hourly earnings (in dollars) . Average weekly earnings (in dollars) https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1979 1980 1981 1982 1983 1984 1985 1986 35.7 6.16 219.91 35.3 6.66 235.10 35.2 7.25 255.20 34.8 7.68 267.26 35.0 8.02 280.70 35.2 8.32 292.86 34.9 8.57 299.09 34.8 8.76 304.85 34.8 8.98 312.50 43.0 8.49 365.07 43.3 9.17 397.06 43.7 10.04 438.75 42.7 10.77 459.88 42.5 11.28 479.40 43.3 11.63 503.58 43.4 11.98 519.93 42.2 12.46 525.81 42.4 12.52 530.85 37.0 9.27 342.99 37.0 9.94 367.78 36.9 10.82 399.26 36.7 11.63 426.82 37.1 11.94 442.97 37.8 12.13 458.51 37.7 12.32 464.46 37.4 12.48 466.75 37.8 12.69 479.68 40.2 6.70 269.34 39.7 7.27 288.62 39.8 7.99 318.00 38.9 8.49 330.26 40.1 8.83 354.08 40.7 9.19 374.03 40.5 9.54 386.37 40.7 9.73 396.01 41.0 9.91 406.31 39.9 8.16 325.58 39.6 8.87 351.25 39.4 9.70 382.18 39.0 10.32 402.48 39.0 10.79 420.81 39.4 11.12 438.13 39.5 11.40 450.30 39.2 11.70 458.64 39.2 12.03 471.58 38.8 6.39 247.93 38.5 6.96 267.96 38.5 7.56 291.06 38.3 8.09 309.85 38.5 8.55 329.18 38.5 8.89 342.27 38.4 9.16 351.74 38.3 9.35 358.11 38.1 9.59 365.38 30.6 4.53 138.62 30.2 4.88 147.38 30.1 5.25 158.03 29.9 5.48 163.85 29.8 5.74 171.05 29.8 5.85 174.33 29.4 5.94 174.64 29.2 6.03 176.08 29.2 6.11 178.41 36.2 5.27 190.77 36.2 5.79 209.60 36.3 6.31 229.05 36.2 6.78 245.44 36.2 7.29 263.90 36.5 7.63 278.50 36.4 7.94 289.02 36.4 8.36 304.30 36.3 8.73 316.90 32.7 5.36 175.27 32.6 5.86 190.71 32.6 6.41 208.97 32.6 6.92 225.52 32.7 7.31 239.04 32.6 7.5S 247.4C 32.6 7.9C 256.76 32.5 8.18 265.85 32.5 8.48 275.60 MONTHLY LABOR REVIEW 22. Current Labor Statistics: Compensation & Industrial Relations October 1988 Employment Cost Index, compensation,' by occupation and industry group (June 1981 = 100) 1986 1987 1988 Percent change Series June Sept. Dec. Mar. June Sept. Dec. Mar. June 3 months ended 12 months ended June 1988 Civilian workers 2 ................................................................... Workers, by occupational group: White-collar workers ........................................................... Blue-collar workers.............................................................. Service occupations............................................................ Workers, by industry division: Goods-producing.................................................................. Manufacturing ..................................................................... Service-producing ................................................................ Services.............................................................................. Health services................................................................ Hospitals.......................................................................... Public administration 3 ....................................................... Nonmanufacturing................................................................ Private industry w o rke rs.................................................... Workers, by occupational group: White-collar workers......................................................... Professional specialty and technical occupations......... Executive, administrative, and managerial occupations Sales occupations........................................................... Administrative support occupations, including clerical ............................................................................ Blue-collar workers........................................................... Precision production, craft, and repair occupation........ Machine operators, assemblers, and inspectors........... Transportation and material moving occupations.......... Handlers, equipment cleaners, helpers, and laborers .... Service occupations......................................................... Workers, by industry division: Goods-producing............................................................... Construction ..................................................................... Manufacturing................................................................... Durables .......................................................................... Norduracles.................................................................... Service-producing .............................................................. Transportation and public utilities.................................... Transportation................................................................. Public utilities.................................................................. Wholesale and retail trade ............................................... Wholesale trade .............................................................. Retail trade ..................................................................... Finance, insurance, and real estate................................. Service.............................................................................. Health services............................................................... Hospitals........................................................................ 131.5 133.0 133.8 135.0 135.9 137.5 138.6 140.6 142.1 1.1 4.6 134.2 126.8 133.7 136.0 127.8 135.4 136.9 128.4 136.6 138.5 129.1 138.0 139.3 130.1 138.5 141.2 131.3 139.9 142.2 132.5 140.8 144.2 134.7 142.9 145.7 136.2 144.3 1.0 1.1 1.0 4.6 4.7 4.2 128.1 128.7 133.7 139.4 138.0 132.8 128.8 129.3 135.6 142.4 140.6 134.6 129.5 130.1 136.5 143.6 141.6 135.4 130.2 130.7 138.1 145.2 144.1 136.9 131.1 131.5 138.9 145.8 144.7 137.8 132.2 132.7 140.8 149.2 146.4 139.6 133.5 134.1 141.7 150.6 148.1 140.5 135.8 136.8 143.6 152.8 150.3 142.3 137.3 138.1 145.1 153.8 151.2 143.9 1.1 1.0 1.0 .7 1.4 1.4 .6 1.1 4.7 5.0 4.5 5.5 5.1 5.7 4.5 4.4 129.9 130.8 131.6 132.9 133.8 135.1 136.0 138.1 139.8 1.2 4.5 132.5 - 133.5 - 134.3 - 136.1 - 137.0 - 138.5 - 139.3 - 141.2 - 143.0 - 1.3 1.2 1.1 2.3 4.4 5.0 3.9 3.4 126.3 131.1 127.2 132.3 127.8 133.5 128.4 134.7 129.5 135.2 130.6 135.9 - - - 131.8 136.7 134.1 135.6 - - 138.6 140.1 1.0 1.1 1.0 1.2 1.7 .7 1.1 4.9 4.7 4.3 5.2 4.7 4.9 3.6 127.8 128.7 - 128.6 129.3 132.7 - 129.2 130.1 133.5 - 129.9 130.7 131.9 132.7 137.7 - 133.2 134.1 138.4 - 135.6 136.8 137.1 138.1 135.3 - 130.8 131.5 136.3 - 4.8 4.1 5.0 5.0 4.9 4.3 3.1 3.4 2.6 4.0 4.0 4.0 3.1 5.5 5.3 5.9 - - - - - - - - - - - - - - - - - - - 1.1 1.3 1.0 1.0 .9 1.4 1.0 1.7 .3 1.9 1.8 1.9 1.5 .9 1.7 1.5 Nonmanufacturing ............................................................ 130.6 131.7 132.4 134.1 135.1 136.4 137.1 138.9 140.8 1.4 4.2 State and local government workers ............................... Workers, by occupational group: White-collar workers......................................................... Blue-collar workers........................................................... Workers, by industry division: Services ............................................................................ Hospitals and other services4 ....................................... Health services............................................................. Schools .......................................................................... Elementary and secondary......................................... Public administration3 ....................................................... 139.7 143.6 144.7 145.9 146.3 149.7 151.1 153.1 153.6 .3 5.0 140.5 136.3 145.0 138.5 146.0 139.5 147.2 140.8 147.5 141.3 151.2 143.3 152.7 144.3 154.8 145.9 155.2 145.9 .3 .0 5.2 3.3 140.8 137.9 141.7 143.2 138.0 145.5 139.4 147.6 149.4 140.6 146.6 141.1 147.3 142.5 147.6 143.3 151.8 145.1 153.1 146.3 155.2 150.3 155.6 150.4 - - - - - - - 148.4 150.3 141.6 148.9 150.5 144.1 149.1 150.7 144.7 154.1 156.5 146.4 155.5 157.8 148.1 156.8 158.9 150.3 157.3 159.4 151.2 .3 .1 .4 .3 .3 .6 5.4 5.0 4.8 5.5 5.8 4.5 - 131.6 - 1 Cost (cents per hour worked) measured in the Employment Cost Index consists of wages, salaries, and employer cost of employee benefits. 2 Consist of private industry workers (excluding farm and household workers) and State and local government (excluding Federal Government) workers. 78 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - - - - 142.1 - 140.2 - Consist of legislative, judicial, administrative, and regulatory activities. Includes, for example, library, social, and health services. Data not available. 23. Employment Cost Index, wages and salaries, by occupation and industry group (June 1981=100) 1986 1987 1988 Percent change Series June Sept. Dec. Mar. June Sept. Dec. Mar. June 3 months ended 12 months ended June 1988 Civilian workers ' ................................................................... Workers, by occupational group: White-collar workers ........................................................... Blue-collar workers.............................................................. Service occupations............................................................ Workers, by industry division Goods-producing.................................................................. Manufacturing ..................................................................... Service-producing ................................................................. Services ............................................................................ Health services ......................................................................................................... Hospitals.......................................................................... Public administration 2 ........................................................................................ Nonmanufacturing ........................................................................................................ Private industry workers .................................................................................. Workers, by occupational group: White-collar workers...................................................... Professional specialty and technical occupations...... Executive, administrative, 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...................................................................... Service occupations ...................................................... Workers, by industry division: Goods-producing............................................................. Construction .................................................................. Manufacturing................................................................ Durables...................................................................... Nondurables................................................................ Service-producing............................................................ Transportation and public utilities ................................................... Transportation ............................................................ Public utilities ...................................................................................................... Wholesale and retail trade ...................................................................... Wholesale trade ....................................................... Retail trade ......................................................................................................... Finance, insurance, and real estate ............................................. Services ...................................................................................................................... Health services ................................................................................................ Hospitals ............................................................................................................... 129.3 130.7 131.5 132.8 133.5 135.2 136.1 137.4 138.7 0.9 3.9 132.4 124.1 130.0 134.1 125.0 131.7 135.0 125.6 132.8 136.6 126.2 134.2 137.3 127.1 134.7 139.4 128.3 136.0 140.2 129.4 136.6 141.5 130.4 138.0 143.0 131.6 139.3 1.1 .9 .9 4.2 3.5 3.4 125.6 126.5 131.5 137.0 126.3 127.2 133.4 139.9 127.0 127.9 134.2 141.1 127.8 128.7 135.8 142.7 128.5 129.5 136.5 143.4 129.8 130.8 138.5 146.8 131.0 132.2 139.2 148.2 132.2 133.3 140.5 149.5 133.4 134.4 141.9 150.4 3.8 3.8 4.0 4.9 4.9 5.6 3.8 3.9 134.6 130.4 137.5 132.2 138.1 133.0 140.5 134.5 141.0 135.2 142.6 137.1 143.8 137.8 145.5 139.0 146.4 140.5 .9 .8 1.0 .6 1.6 1.5 .6 1-1 127.9 128.8 129.5 130.8 131.7 133.0 133.8 135.1 136.6 1.1 3.7 131.1 134.0 132.0 135.4 132.7 136.4 134.6 138.4 135.4 139.1 137.0 141.2 137.6 142.6 139.0 144.0 140.8 145.8 1.3 1.3 4.0 4.8 132.1 124.3 132.4 125.2 133.5 124.9 135.6 126.7 136.4 '27.1 138.6 127.0 139.2 126.1 139.9 127.5 141.3 130.8 1.0 2.6 3.6 2.9 130.8 131.7 132.7 134.3 135.5 137.1 138.1 140.2 141.2 .7 4.2 - - - - - - - - 123.7 124.5 125.1 125.6 126.6 127.7 128.9 129.9 131.1 .9 3.6 125.7 123.6 118.9 126.7 124.1 119.8 127.4 124.9 120.1 127.9 125.5 120.5 128.8 126.7 121.5 130.2 127.5 122.3 131.1 129.2 122.9 132.1 129.9 123.7 133.4 131.2 125.4 1.0 1.0 1.4 3.6 3.6 3.2 120.3 128.0 120.9 128.9 121.4 130.1 121.9 131.4 122.6 131.9 123.7 132.6 125.0 133.2 126.7 134.5 127.5 135.8 .6 1.0 4.0 3.0 125.4 119.8 126.5 125.8 127.9 129.9 126.6 126.1 120.5 127.2 126.4 128.5 130.9 127.3 126.8 120.8 127.9 127.2 129.3 131.6 127.5 127.5 121.7 128.7 127.7 130.5 133.4 128.1 128.3 122.7 129.5 128.7 131.0 134.3 129.3 129.6 123.8 130.8 129.7 132.8 135.7 130.0 130.8 124.7 132.2 131.1 134.1 136.2 130.2 132.0 125.9 133.3 132.1 135.6 137.5 131.3 133.2 127.6 134.4 133.1 136.7 139.3 132.5 .9 1.4 .8 .8 .8 1.3 .9 1.1 .6 2.0 1.9 1.9 1.5 .8 1.9 1.6 3.8 4.0 3.8 3.4 4.4 3.7 2.5 2.1 2.7 3.6 3.3 3.6 2.6 4.9 5.2 5.8 1.3 3.8 - - - - - - - - - - - - - - - - - - 125.8 131.2 123.7 128.0 136.9 126.5 131.8 124.4 129.0 138.2 126.9 133.1 124.5 130.0 139.5 127.9 134.8 125.2 133.5 141.8 129.9 137.2 127.1 131.5 142.8 130.6 137.8 127.8 131.8 145.9 130.7 138.5 127.7 131.6 147.1 131.9 139.0 129.2 132.9 148.6 134.6 141.7 131.7 134.9 149.8 - - - - - - - - - - - - - - - - - - Nonmanufacturing................................................................................................ 128.7 129.7 130.4 State and local government workers ................................................ Workers, by occupational group White-collar workers .......................................................................................... Blue-collar workers ............................................................................................. Workers, by industry division Services ......................................................................... Hospitals and other services 3 .................................... Health services .......................................................... Schools........................................................................ Elementary and secondary ...................................... Public administration 2 ................................................... 136.0 140.4 137.0 131.9 141.8 134.5 137.1 133.3 138.2 139.4 134.6 142.1 135.8 - 144.1 145.7 137.5 ! Consists of private industry workers (excluding farm and household workers) and State and local government (excluding Federal Government) workers. 2 Consists of legislative, judicial, administrative, and regulatory activities. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - 131.9 132.8 134.2 134.8 136.0 137.8 141.4 142.5 142.8 146.1 147.4 148.7 149.1 142.8 135.1 143.9 136.3 144.1 136.9 147.7 139.0 149.3 139.6 150.5 141.1 150.8 141.1 143.3 137.3 143.9 138.6 145.5 146.5 140.5 144.2 139.4 145.6 146.6 141.0 148.2 141.2 150.3 152.0 142.6 149.5 142.2 151.8 153.4 143.8 150.7 144.5 151.1 144.7 153.0 154.3 146.4 - 145.1 146.4 138.1 152.6 154.0 145.5 3 Includes, for example, library, social and health services, - Data not available. .3 .2 .0 .3 .1 .7 .3 .2 .6 4.4 4.6 3.1 4.8 3.8 4.3 5.1 5.3 3.8 MONTHLY LABOR REVIEW 24. October 1988 • Current Labor Statistics: Compensation & Industrial Relations Employment Cost Index, private nonfarm workers, by bargaining status, region, and area size (June 1981=100) 1987 1986 1988 Percent change 3 months ended Series June Sept. Mar. Dec. June Sept. Mar. Dec. June 12 months ended June 1988 COMPENSATION Workers, by bargaining status 1 128.7 126.7 131.9 126.9 130.4 129.4 127.3 132.8 127.5 131.2 129.8 127.5 133.4 127.9 131.5 130.5 128.0 134.4 128.0 132.6 131.2 128.7 135.2 128.7 133.5 132.0 129.5 135.9 129.5 134.3 133.4 131.3 136.7 131.5 135.1 135.6 134.1 138.0 135.0 136.2 136.9 135.3 139.4 136.2 137.5 1.0 .9 1.0 .9 1.0 4.3 5.1 3.1 5.8 3.0 130.2 128.2 131.4 129.7 130.4 131.2 129.1 132.5 130.4 131.6 132.1 130.0 133.4 131.4 132.5 133.6 130.8 135.3 132.2 134.3 134.6 131.8 136.4 133.2 135.3 136.1 133.1 137.9 134.6 136.8 136.9 134.1 138.6 135.6 137.5 138.9 136.2 140.5 137.8 139.4 140.7 137.8 142.5 139.2 141.5 1.3 1.2 1.4 1.0 1.5 4.5 4.6 4.5 4.5 4.6 133.3 129.6 126.2 131.6 134.2 130.7 127.3 132.1 135.2 131.4 128.1 132.8 137.4 132.1 129.1 134.1 138.6 133.2 130.2 134.2 140.3 134.2 131.2 135.8 141.9 135.4 131.7 136.3 143.7 137.1 134.4 138.3 145.9 139.3 135.5 139.5 1.5 1.6 .8 .9 5.3 4.6 4.1 3.9 130.5 126.4 131.4 127.2 132.2 127.9 133.5 129.0 134.4 130.2 135.8 131.3 136.7 132.0 138.9 133.6 140.5 135.5 1.2 1.4 4.5 4.1 126.1 124.1 129.3 124.6 127.4 126.9 124.5 130.5 125.0 128.5 127.2 124.8 130.9 125.5 128.7 127.7 125.0 131.7 125.6 129.5 128.3 125.8 132.2 126.2 130.1 129.1 126.5 132.9 127.0 130.8 130.5 128.5 133.6 129.3 131.5 131.0 128.7 134.4 129.6 132.1 132.0 129.7 135.4 130.4 133.3 .8 .8 .7 .6 .9 2.9 3.1 2.4 3.3 2.5 128.5 126.1 129.9 127.7 128.9 129.4 127.0 130.8 128.5 129.8 130.3 127.8 131.7 129.5 130.6 131.8 128.8 133.6 130.6 132.4 132.8 129.6 134.6 131.5 133.4 134.3 131.1 136.2 133.0 134.9 135.0 132.1 136.7 133.9 135.4 136.4 133.6 138.0 135.5 136.8 138.1 135.0 140.0 136.7 138.8 1.2 1.0 1.4 .9 1.5 4.0 4.2 4.0 4.0 4.0 131.3 127.8 124.4 128.9 132.3 128.8 125.3 129.3 133.1 129.4 126.2 130.1 135.4 130.1 127.4 131.2 136.6 131.1 128.5 131.1 138.3 132.1 129.6 133.1 139.7 133.0 129.9 133.5 140.9 134.0 131.3 134.9 142.9 136.1 132.1 136.0 1.4 1.6 .6 .8 4.6 3.8 2.8 3.7 128.5 124.5 129.4 125.0 130.2 125.6 131.6 126.6 132.4 127.8 133.7 129.1 134.6 129.8 135.8 130.9 137.3 133.0 1.1 1.6 3.7 4.1 Workers, by region ' Workers, by area size 1 WAGES AND SALARIES Workers, by bargaining status1 Workers, by region 1 Workers, by area size1 ' The indexes are calculated differently from those for the occupation and industry groups. For a detailed description of the index calculation, see the 80 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review Technical Employment Cost Index,” May 1982. Note, “ Estimation procedures for the 25. Specified compensation and wage adjustments from contract settlements, and effective wage adjustments, private industry collective bargaining situations covering 1,000 workers or more (in percent) Quarterly average Annual average 1987 1986 Measure 1986 1988 1987 III IV I II III IV llp lp Specified adjustments: Total compensation 1 adjustments, 2 settlements covering 5,000 workers or more: First year of contract ....................................... Annual rate over life of contract....................... 1.1 1.6 3.0 2.6 0.7 1.2 2.7 2.4 1.1 2.1 4.1 3.9 2.5 2.1 3.4 2.4 1.8 1.8 3.4 2.4 Wage adjustments, settlements covering 1,000 workers or more: First year of contract ....................................... Annual rate over life of contract....................... 1.2 1.8 2.2 2.1 .8 1.5 2.0 2.1 .8 1.6 2.6 2.9 2.1 2.0 2.4 1.8 2.2 2.3 2.7 2.2 2.3 .5 3.1 .7 .5 .1 .5 .2 .4 (4) 1.0 .2 .9 .2 .8 .3 .4 .1 .8 .3 1.7 .2 1.8 .5 .5 (4) .2 .1 .3 .1 .7 .2 .6 .1 .3 .2 .3 .1 .5 .1 Effective adjustments: Total effective wage adjustment 3 ....................... From settlements reached in period ................. Deferred from settlements reached in earlier periods........................................................... From cost-of-living-adjustments clauses............ 3 Because of rounding, total may not equal sum of parts. 4 Between -0.05 and 0.05 percent. p = preliminary. ' Compensation includes wages, salaries, and employers’ cost of employee benefits when contract is negotiated. 2 Adjustments are the net result of increases, decreases, and no changes in compensation or wages. 26. Average specified compensation and wage adjustments, major collective bargaining settlements in private industry situations covering 1,000 workers or more during 4-quarter periods (in percent) Average for four quarters ending-Measure 1986 1987 IV III I II 1988 III IV lp llp Specified total compensation adjustments, settlements covering 5,000 workers or more, all industries: First year of contract..................................................................... Annual rate over life of contract..................................................... 0.9 1.4 1.1 1.6 1.2 1.7 1.8 2.1 2.7 2.6 3.0 2.6 3.1 2.5 3.1 2.3 1.2 2.2 .8 1.7 2.0 1.6 1.2 1.9 .9 1.8 1.7 1.8 1.2 2.0 .8 1.8 1.8 1.8 1.5 1.8 1.3 2.0 1.7 2.1 2.0 2.1 2.0 2.2 1.7 2.5 2.2 2.3 2.1 2.1 1.5 2.5 2.4 2.2 2.5 2.2 1.4 2.7 2.4 2.4 2.5 2.0 1.5 2.6 -1.0 1.1 -2.0 .3 1.1 -.1 -1.2 1.3 -2.8 .2 .9 -.2 -1.5 1.3 -3.5 (2) .8 -.6 -.8 1.3 -2.7 .3 .8 -.2 1.1 2.1 -.1 1.0 1.0 1.2 2.1 2.4 1.3 1.3 1.0 2.1 2.4 2.4 2.4 1.5 1.0 2.7 2.5 2.5 2.6 1.6 1.3 2.6 2.1 2.7 1.9 2.3 2.5 2.2 2.0 2.1 2.0 2.3 2.1 2.4 2.2 2.2 2.1 2.4 2.2 2.5 2.3 2.1 2.3 2.6 2.2 2.7 2.4 2.1 2.6 2.8 2.4 2.9 2.3 1.9 2.4 2.7 2.7 2.7 2.3 1.6 2.5 2.7 2.4 2.7 2.3 2.2 2.4 2.3 1.8 2.6 2.3 1.4 2.4 2.6 1.6 2.6 2.2 1.4 2.3 2.5 1.6 2.5 2.4 1.6 2.4 2.5 1.4 2.6 2.7 3.7 2.7 2.9 3.8 2.9 Specified wage adjustments, settlements covering 1,000 workers or more: All industries First year of contract ................................................................... Contracts with COLA clauses.................................................... Contracts without COLA clauses ............................................... Annual rate over life of contract ................................................... Contracts with COLA clauses.................................................... Contracts without COLA clauses ............................................... Manufacturing First year of contract ................................................................... Contracts with COLA clauses.................................................... Contracts without COLA clauses ............................................... Annual rate over life of contract................................................... Contracts with COLA clauses.................................................... Contracts without COLA clauses ............................................... Nonmanufacturing First year of contract ................................................................... Contracts with COLA clauses.................................................... Contracts without COLA clauses ............................................... Annual rate over life of contract................................................... Contracts with COLA clauses.................................................... Contracts without COLA clauses ............................................... Construction First year of contract ................................................................... Contracts with COLA clauses.................................................... Contracts without COLA clauses ............................................... Annual rate over life of contract................................................... Contracts with COLA clauses.................................................... Contracts without COLA clauses ............................................... ' Data do not meet publication standards. 2 Between -0.05 and 0.05 percent. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ______ p = preliminary. 3.0 (’) (1) (1) (’) 3.2 2.9 (1) O (1) <’) 3.1 2.9 (’) (1) 0 (1) 3.1 2.5 (1) (1) (’) (') 2.7 M ONTHLY LABOR REVIEW October 1988 Current Labor Statistics: Compensation & Industrial Relations 27. Average effective wage adjustments, private industry collective bargaining situations covering 1 000 workers or more during 4-quarter periods (in percent) Average for four quarters endingEffective wage adjustment 1986 1987 1988 IV I II III For all workers:1 Total...................................................................... From settlements reached in period ..................... Deferred from settlements reached in earlier period From cost-of-living-adjustments clauses................ 2.3 .5 1.7 .2 2.0 .3 1.5 .1 2.2 .3 1.6 .3 For workers receiving changes: Total............................................................................... From settlements reached in period .............................. Deferred from settlements reached in earlier period....... From cost-of-living-adjustments clauses............... ......... 2.8 1.6 3.9 1.0 2.4 1.1 3.7 .6 2.8 .9 3.5 1.8 1 Because of rounding, total may not equal sum of parts. IV lp llp 2.6 .4 1.7 .4 3.1 .7 1.8 .5 3.2 .8 1.8 .5 3.0 .9 1.6 .5 3.2 1.8 3.3 2.3 3.6 2.9 3.3 2.6 3.8 2.9 3.3 2.7 3.7 2.9 3.2 2.3 p = preliminary. 28. Specified compensation and wage adjustments from contract settlements, and effective wage adjustments State and local government collective bargaining situations covering 1,000 workers or more (in percent) Annual average Measure First 6 months 1986 1987 1988 6.2 6.0 4.9 4.8 6.3 5.5 5.7 5.7 4.9 5.1 5.4 5.1 5.5 2.4 3.0 (4) 4.9 2.7 2.2 (4) .9 .4 .5 (4) Specified adjustments: Total compensation 1 adjustments, 2 settlements covering 5,000 workers or more: First year of contract ............................... Annual rate over life of contract.......... Wage adjustments, settlements covering 1,000 workers or more: First year of contract ........................ Annual rate over life of contract............ Effective adjustments: Total effective wage adjustment3 .............................. From settlements reached in period...................... Deferred from settlements reached in earlier periods . From cost-of-living-adjustment clauses........................ 1 Compensation includes wages, salaries, and employers’ cost of employee benefits when contract is negotiated. 2 Adjustments are the net result of increases, decreases, and no changes in compensation or wages. 29. Because of rounding, total may not equal sum of parts. Less than 0.05 percent. Work stoppages involving 1,000 workers or more Annual totals 1987 Measure July Number of stoppages: Beginning in period.... In effect during period Workers involved: Beginning in period (in thousands)................... In effect during period (in thousands)................... Days idle: Number (in thousands)........ Percent of estimated working time2 .................................. Aug. Sept. 1988p Oct. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dec. Jan. Feb. Mar. Apr. May June JulyP 46 51 533.0 174.4 14.1 18.4 45.9 1.3 11.8 7.2 17.5 6.7 .0 10.3 7.8 24.6 899.5 377.7 31.1 36.0 71.9 53.7 22.2 10.8 21.1 24.2 14.9 18.2 20.0 36.4 11,861.0 4,455.6 457.8 361.4 1,143.1 353.3 222.9 159.4 36.6 337.0 203.6 207.9 271.4 264.5 605.0 .05 .02 .02 .02 .05 .02 .01 .01 .01 .01 .01 .01 .01 .01 .02 1 Agricultural and government employees are Included in the total employed and total working time: private household, forestry, and fishery employees are excluded. An expla nation of the measurement of idleness as a percentage of the total time worked is found 82 Nov. in ‘“ Total economy’ measure of strike idleness,” Monthly Labor Review, October 1968, pp. 54-56. p = preliminary 30. Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group (1982-84 = 100, unless otherwise indicated) Series 1988 1987 Annual average 1986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July All items.................................................................................... All items (1967-100) ................................................................ 109.6 328.4 113.6 340.4 113.8 340.8 114.4 342.7 115.0 344.4 115.3 345.3 115.4 345.8 115.4 345.7 115.7 346.7 116.0 347.4 116.5 349.0 117.1 350.8 117.5 352.0 118.0 353.5 118.5 354.9 Food and beverages ............................................................... Food..................................................................................... Food at home..................................................................... Cereals and bakery products............................................ Meats, poultry, fish, and eggs............................................ Dairy products.................................................................. Fruits and vegetables........................................................ Other foods at home........................................................ Sugar and sweets.......................................................... Fats and oils.................................................................. Nonalcoholic beverages.................................................. Other prepared foods..................................................... Food away from home ........................................................ Alcoholic beverages............................................................... 109.1 109.0 107.3 110.9 104.5 103.3 109.4 109.4 109.0 106.5 110.4 109.2 112.5 111.1 113.5 113.5 111.9 114.8 110.5 105.9 119.1 110.5 111.0 108.1 107.5 113.8 117.0 114.1 113.7 113.7 112.1 115.2 111.4 105.3 119.6 110.0 111.1 108.4 105.9 114.1 117.2 114.4 113.8 113.8 112.1 115.3 111.9 105.7 117.4 110.4 111.3 108.3 105.9 114.8 117.5 114.7 114.2 114.1 112.4 115.4 112.7 106.4 117.4 110.3 111.6 107.8 105.8 114.6 118.0 114.9 114.3 114.3 112.4 115.6 112.0 106.9 117.8 110.6 111.6 107.4 106.7 114.7 118.3 115.2 114.3 114.2 112.1 116.2 111.2 106.9 117.4 110.2 111.4 108.0 105.0 115.1 118.6 115.4 114.8 114.7 112.8 116.8 110.3 106.7 123.4 110.0 111.0 107.7 104.8 115.0 118.9 115.4 115.7 115.7 114.1 118.1 111.0 107.4 126.4 111.3 112.2 108.5 106.9 115.9 119.3 115.8 115.8 115.7 113.9 118.7 110.6 107.3 124.7 111.8 112.2 109.5 107.7 116.1 119.7 116.8 116.0 115.9 113.9 118.9 111.2 107.2 123.0 112.0 112.6 110.3 107.7 116.3 120.2 117.4 116.7 116.6 114.6 119.8 111.5 107.1 126.0 112.1 112.3 110.3 107.8 116.6 120.7 118.0 117.1 117.0 115.1 120.3 112.1 107.4 127.1 112.3 112.5 111.2 107.5 117.0 121.0 118.2 117.6 117.6 115.8 120.8 114.6 107.2 126.1 112.4 113.3 111.5 107.1 117.1 121.5 118.7 118.8 118.8 117.3 122.1 116.5 107.6 129.0 113.1 114.0 112.6 107.2 118.3 122.1 119.2 Housing.................................................................................. Shelter ................................................................................. Renters’ costs (12/82 = 100).............................................. Rent, residential............................................................... Other renters’ costs ......................................................... Homeowners’ costs (12/82 = 100)....................................... Owners’ equivalent rent (12/82 = 100)............................... Household insurance (12/82 = 100)................................... Maintenance and repairs..................................................... Maintenance and repair services ....................................... Maintenance and repair commodities................................. Fuel and other utilities........................................................... Fuels ................................................................................. Fuel oil, coal, and bottled gas........................................... Gas (piped) and electricity ................................................ Other utilities and public services........................................ Household furnishings and operations.................................... Housefurnishings................................................................ Housekeeping supplies........................................................ Housekeeping services........................................................ 110.9 115.8 121.9 118.3 118.6 119.4 119.4 119.2 107.9 111.2 103.7 104.1 99.2 77.6 105.7 117.9 105.2 102.2 108.2 108.5 114.2 121.3 128.1 123.1 127.4 124.8 124.8 124.0 111.8 114.8 107.8 103.0 97.3 77.9 103.8 120.1 107.1 103.6 111.5 110.6 114.7 121.3 129.3 123.0 132.8 124.4 124.4 124.5 113.2 116.8 108.4 105.0 100.4 77.1 107.6 120.5 107.2 103.6 111.7 110.8 115.4 122.2 130.1 123.8 133.3 125.4 125.4 125.1 112.9 116.5 108.2 105.9 101.4 77.8 108.7 121.1 107.3 103.8 111.5 110.9 115.6 122.5 129.8 124.4 130.5 126.0 126.0 125.5 112.7 116.3 107.8 105.5 101.0 77.6 108.2 120.8 107.5 103.9 111.8 111.0 115.5 123.2 129.4 124.8 127.7 127.1 127.2 125.8 112.8 116.4 108.1 103.2 96.9 78.5 103.3 121.2 107.4 103.6 112.3 111.2 115.5 123.4 129.2 124.8 126.7 127.4 127.5 125.9 113.5 116.9 108.9 102.4 95.5 80.3 101.4 121.3 107.4 103.6 112.4 111.2 115.6 123.7 129.1 125.6 124.1 128.0 128.0 126.2 113.3 116.6 109.1 102.0 95.1 80.5 100.9 120.9 107.3 103.3 112.5 111.4 116.2 124.6 130.8 126.0 129.4 128.5 128.6 126.9 113.7 117.4 108.7 102.4 95.6 80.8 101.5 121.3 107.5 103.5 113.1 111.5 116.6 125.0 131.3 126.3 130.4 129.0 129.0 127.1 114.3 117.9 109.5 102.8 96.0 80.9 101.9 121.8 107.7 103.7 113.2 111.6 117.0 125.6 132.9 126.4 136.6 129.2 129.2 127.8 113.3 116.4 109.2 102.7 95.8 80.5 101.7 121.7 108.3 104.7 112.9 111.7 117.3 125.8 132.9 126.6 136.0 129.4 129.5 128.2 115.3 119.4 109.7 102.8 95.7 80.2 101.6 122.3 109.1 104.9 113.8 114.7 117.7 126.2 133.1 126.9 135.7 129.9 130.0 128.2 114.3 117.8 109.8 103.5 96.5 80.0 102.6 122.6 109.3 104.9 114.1 114.8 118.6 126.6 133.7 127.3 137.0 130.4 130.4 128.9 114.7 118.1 110.1 105.9 100.8 79.1 107.8 122.3 109.6 105.3 114.7 114.8 119.1 127.4 134.7 127.8 139.2 131.0 131.1 129.7 114.5 117.9 110.1 106.0 100.8 76.9 108.1 122.4 109.8 105.5 115.2 115.0 Apparel and upkeep................................................................ Apparel commodities............................................................. Men’s and boys' apparel..................................................... Women’s and girls’ apparel ................................................. Infants’ and toddlers’ apparel.............................................. Footwear............................................................................ Other apparel commodities.................................................. Apparel services.................................................................... 105.9 104.2 106.2 104.0 111.8 101.9 101.7 115.1 110.6 108.9 109.1 110.4 112.1 105.1 108.0 119.6 107.3 105.3 107.8 104.2 107.7 103.4 108.2 120.0 109.4 107.6 108.3 108.4 109.0 104.2 109.3 119.8 113.3 111.8 110.6 115.3 112.1 105.7 110.3 119.9 115.4 114.0 112.0 118.3 116.2 107.3 110.7 120.8 115.4 114.0 112.5 117.7 116.7 108.0 110.7 121.1 112.7 111.0 110.7 112.6 114.5 107.2 111.3 121.4 110.4 108.6 109.0 108.2 113.6 106.1 112.9 121.6 110.2 108.3 109.1 107.8 111.4 105.8 113.1 122.0 114.3 112.7 111.6 115.3 114.0 107.3 113.6 122.2 117.0 115.5 112.9 119.6 117.1 109.4 114.6 122.6 116.3 114.8 113.6 117.3 117.7 109.7 114.9 122.8 114.6 112.9 112.5 114.1 116.5 109.2 114.6 123.1 112.7 110.8 111.9 109.8 116.2 108.2 116.5 123.4 Transportation ......................................................................... Private transportation............................................................. New vehicles...................................................................... New cars.......................................................................... Used cars........................................................................... Motor fuel ........................................................................... Gasoline........................................................................... Maintenance and repair....................................................... Other private transportation................................................. Other private transportation commodities.......................... Other private transportation services................................. Public transportation.............................................................. 102.3 101.2 110.6 110.6 108.8 77.1 77.0 110.3 115.1 96.3 118.8 117.0 105.4 104.2 114.4 114.6 113.1 80.2 80.1 114.8 120.8 96.9 125.6 121.1 106.0 104.9 114.4 114.7 115.4 82.2 82.1 114.5 120.8 96.3 125.7 120.2 106.5 105.4 114.0 114.4 115.5 84.3 84.3 115.1 120.7 96.8 125.5 121.5 106.6 105.4 113.8 114.1 116.0 84.0 84.0 115.7 121.1 97.6 125.8 122.1 107.1 106.0 115.0 115.2 116.2 83.2 83.1 116.1 122.8 98.0 127.8 121.2 107.8 106.8 116.3 116.6 116.5 83.2 83.1 116.5 123.8 97.6 129.2 122.0 107.6 106.5 116.4 116.6 116.3 82.0 81.8 116.9 123.8 97.5 129.2 122.1 107.1 106.0 116.1 116.2 116.0 79.7 79.5 117.2 124.7 98.2 130.1 121.8 106.8 105.7 116.0 116.2 116.0 78.3 78.1 117.7 125.0 98.1 130.6 120.8 106.5 105.4 115.7 116.0 116.1 77.5 77.3 118.5 124.9 98.3 130.3 121.4 107.2 106.0 115.6 115.9 116.6 79.4 79.2 118.8 125.0 98.2 130.5 122.4 108.1 107.0 115.9 116.3 117.0 81.4 81.3 119.3 126.3 98.9 132.0 122.4 108.5 107.4 116.1 116.5 117.6 81.4 81.3 119.7 127.2 98.8 133.1 123.2 108.9 107.8 116.1 116.5 117.9 82.3 82.3 120.0 127.5 98.2 133.7 123.7 Medical care........................................................................... Medical care commodities..................................................... Medical care services............................................................ Professional services.......................................................... Hospital and related services.............................................. 122.0 122.8 121.9 120.8 123.1 130.1 131.0 130.0 128.8 131.6 130.7 131.6 130.4 129.5 132.0 131.2 132.2 131.0 130.0 133.0 131.7 132.7 131.5 130.7 133.3 132.3 133.5 132.0 131.2 134.2 132.8 134.2 132.5 131.5 135.4 133.1 134.9 132.7 131.8 135.9 134.4 135.4 134.1 133.2 137.6 135.5 136.1 135.3 134.5 139.0 136.3 137.0 136.1 135.4 140.0 136.9 138.1 136.6 136.0 140.7 137.5 139.0 137.2 136.4 141.8 138.2 139.4 137.9 137.5 142.1 139.3 140.5 139.0 138.4 144.3 Entertainment .......................................................................... Entertainment commodities................................................... Entertainment services.......................................................... 111.6 107.9 116.8 115.3 110.5 122.0 115.4 110.7 122.0 115.6 110.6 122.5 116.1 110.7 123.5 116.9 111.2 124.5 117.3 112.2 124.3 117.4 112.6 124.3 118.1 112.9 125.4 118.3 112.9 125.7 119.0 113.4 126.5 119.6 114.2 127.0 119.7 114.5 126.9 120.1 114.8 127.3 120.5 115.3 127.7 Other goods and services ........................................................ Tobacco products ................................................................. Personal care........................................................................ Toilet goods and personal care appliances.......................... Personal care services ........................................................ Personal and educational expenses....................................... School books and supplies.................................................. Personal and educational services...................................... 121.4 124.7 111.9 111.3 112.5 128.6 128.1 128.7 128.5 133.6 115.1 113.9 116.2 138.5 138.1 138.7 128.0 135.0 115.3 114.3 116.2 136.9 136.5 137.2 128.5 135.3 115.6 114.3 116.8 137.7 136.7 137.9 131.1 135.9 116.0 114.7 117.2 142.1 141.3 142.3 131.6 136.3 116.2 114.9 117.4 142.8 142.3 143.1 131.8 136.5 116.3 115.0 117.5 143.1 142.3 143.4 132.1 137.0 116.5 115.0 117.9 143.4 1424 143.6 133.4 140.8 117.3 116.1 118.4 143.9 144.6 144.0 134.2 142.2 117.8 116.4 119.1 144.7 146.3 144.8 134.6 142.8 118.1 116.8 119.2 145.0 146.2 145.1 134.8 142.9 118.5 117.4 119.5 145.2 146.3 145.3 135.1 143.2 118.7 117.2 120.1 145.5 146.4 145.6 135.5 143.6 119.0 117.5 120.4 146.0 146.5 146.2 136.5 147.5 119.2 117.8 120.6 146.3 146.5 146.5 CONSUMER PRICE INDEX FOR ALL URBAN CONSUMERS: See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 83 MONTHLY LABOR REVIEW October 1988 • Current Labor Statistics: Price Data 30. Continued— Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group (1982-84 = 100, unless otherwise indicated) Series Annual average 1987 1988 1986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July 109T 104./ 109.1 101.4 97.£ 104.2 95.S 106.6 113.6 107.7 113.5 104.0 101.1 108.9 99.5 113.8 107.6 113.7 103.8 100.6 105.3 100.5 114.4 108.2 113.8 104.6 102.0 107.6 101.5 115.C 108.5 114.2 105.5 103.5 111.8 101.6 115.C 109.C 114.C 106.1 104.2 114.C 101.5 115./ 109.5 114.C 106.5 104.C 114.C 101.8 115.4 109.3 114.8 105.7 103.1 111.0 101.5 109.5 115.7 109.2 115.7 105.1 102.1 108.6 101.2 109.4 116.C 109.1 115.8 105.0 101.9 108.3 101.0 109.4 116.5 109.E 116.C 105.9 103./ 112.7 101.C 109.5 117.1 110.7 116.7 106.9 105.C 115.5 102.C 109.7 117.5 111.1 117.1 107.2 105.4 114.8 103.0 109.9 118.0 111.1 117.6 107.1 104.9 112.9 103.2 110.2 118.5 111.5 118.8 107.0 104.7 110.8 104.0 110.3 115.4 120.2 112.8 116.3 121.9 119.4 120.2 125.9 113.1 121.9 130.0 125.7 120.5 126.0 115.1 121.7 130.4 125.1 121.2 126.9 115.8 122.0 131.0 125.6 121.7 127.2 115.5 122.5 131.5 127.9 121.9 128.C 113.5 123.4 132.0 128.7 122.C 128.1 112.6 124.5 132.5 128.8 122.2 128.5 112.3 124.6 132.7 129.0 122.9 129.4 112.7 125.1 134.1 129.6 123.4 129.8 113.1 125.2 135.3 130.2 123.8 130 4 113 0 125.4 136.1 130.7 124.1 130 fi 113 7 125.8 136.6 131.0 124.6 126 7 137.2 131.1 125.5 131.5 116.6 127.6 137.9 131.6 126.1 132.3 116.9 128.1 139.0 131.9 109.8 108.0 111.2 108.8 101.7 98.5 96.9 103.5 118.7 114.6 88.2 112.6 113.5 108.6 77.2 116.5 113.6 111.6 115.1 112.6 104.3 101.8 100.3 107.5 123.1 119.1 88.6 117.2 118.2 111.8 80.2 122.0 113.8 111.8 115.3 112.7 104.1 101.3 101.1 107.3 123.7 119.4 91.1 117.1 118.0 111.2 81.8 122.0 114.5 115.1 115.5 115.7 115.5 115.7 116.0 112.3 113.0 113.2 113.3 113.2 113.3 113 5 115.9 116.5 116.6 116.8 116.6 116.9 117.1 113.3 113.9 114.2 114.4 114.3 114.6 114.8 104.9 105.7 106.3 106.7 106.0 105.5 105.4 102.6 104.0 104.6 104.8 103.7 102.8 102.7 102.0 102.2 102.1 102.4 102.1 101.9 101.9 108.1 109.0 109.4 109.5 109.1 109.1 109.0 124.2 124.9 124.6 124.6 124.6 125.3 125.8 120.1 120.6 120.8 120.8 121.0 121.7 122.1 92.7 92.3 89.8 89.0 88.3 87.4 87.0 117.6 118.3 118.9 119.2 119.2 119.7 120.0 118.6 119.4 120.1 120.5 120.4 120.8 121.1 111.8 112.9 113.7 114.1 113.5 113.2 113.3 83.8 83.5 82.9 83.1 82.0 80.0 78.8 122.7 123.2 123.9 124.2 124.4 125.2 125.7 116.6 114 0 117.7 115.3 106.3 104 1 101.9 109 8 126.0 122.4 86.5 120.6 121.9 114.6 78.0 126.1 117.2 117.6 118 4 115.9 107 3 105 fi 102.9 1110 126 5 122.8 87.3 121.2 122 4 115.5 79.7 126.5 123.2 88 7 121 5 122 7 115 5 81 4 126.9 118.1 115.7 119.3 116.8 107.4 105.5 104.0 111.4 128.4 124.1 91.0 121.8 123.0 115.4 81.4 127.4 118.4 116.1 119.8 117.2 107.4 105.4 104.8 111.9 128.9 124.7 91.4 122.3 123.3 115.2 81.9 128.0 91.3 30.5 88.0 29.4 87.8 29.3 87.3 29.2 86.9 29.0 86.7 29.0 86.5 28.9 86.6 28.9 86.2 28.8 85.8 28.7 85.4 28.5 85.1 28.4 84.7 28.3 84.4 28.2 108.6 323.4 112.5 335.0 112.7 335.6 113.3 337.4 113.8 339.1 114.1 340.0 114.3 340.4 114.2 340.2 114.5 114.7 341.0 341.6 115.1 343.0 115.7 116 2 116.7 344.7 346.1 347.6 117.2 349.1 Food and beverages .................... Food................................................ Food at home.................................. Cereals and bakery products............... Meats, poultry, fish, and eggs...................... Dairy products.................................... Fruits and vegetables................... Other foods at home.............................. Sugar and sweets................................. Fats and oils.............................. Nonalcoholic beverages............. Other prepared foods............................ Food away from home ............................ Alcoholic beverages................................... 108.9 113.3 108.8 113.3 107.1 111.7 110.9 114.8 104.4 110.4 103.2 105.7 109.4 118.8 109.1 110.4 109.0 110.9 106.4 107.9 110.0 107.5 109.0 113.6 112.5 116.9 111.1 113.9 113.5 113.5 111.9 115.2 111.3 105.1 119.6 109.9 111.0 108.2 105.9 113.9 117.0 114.2 113.6 113.6 111.9 115.3 111.8 105.5 117.3 110.3 111.3 108.1 106.0 114.6 117.4 114.4 114.0 114.0 112.2 115.4 112.7 106.2 117.1 110.2 111.5 107.6 106.0 114.4 117.9 114.6 114.1 114.1 114.5 114.1 114.0 114.5 112.2 111.9 112.5 115.7 116.2 116.9 112.0 111.2 110.1 106.7 106.7 106.4 117.5 117.4 123.0 110.5 110.1 109.8 111.6 111.2 110.9 107.3 107.9 107.6 106.9 105.2 104.9 114.5 114.9 114.8 118.2 118.5 118.8 114.9 115.2 115.1 115.4 115.4 113.7 118.1 110.8 107.1 125.7 111.3 112.1 108.4 107.2 115.7 119.1 115.6 115.5 115.4 113.5 118.8 110.5 107.0 124.0 111.7 112.1 109.5 107.9 115.8 119.6 116.6 115.7 115.6 113.5 118.9 111.1 106.9 122.2 111.9 112.4 110.3 108.0 116.0 120.0 117.3 116.3 116.2 114 2 1199 111.4 106.9 125.2 112.0 112.2 110.2 107.9 116.4 120.6 117.9 116.8 116.7 114 7 120 4 112.0 107 2 126 4 112 2 112.4 1110 107 7 116 8 120 9 118.0 117.4 117.3 115.5 120.8 114.5 107.0 125.5 112.3 113.1 111.4 107.3 116.9 121.4 118.4 118.5 118.5 116.9 122.1 116.3 107.3 128.4 113.0 113.9 112.5 107.4 118.1 122.0 118.9 Housing ................................... Shelter ........................................ Renters’ costs (12/84=100).............. Rent, residential......................................... Other renters’ costs ....................... Homeowners' costs (12/84=100)................. Owners’ equivalent rent (12/84 = 100) .................. Household insurance (12/84—100)...................... Maintenance and repairs.............................. Maintenance and repair services ................... Maintenance and repair commodities................... Fuel and other utilities.......................................... Fuels ................................................... Fuel oil, coal, and bottled g a s ............................... Gas (piped) and electricity ............................................... Other utilities and public services.............................. Household furnishings and operations.................. Housefurnishings................................................. Housekeeping supplies................................... Housekeeping services......................................... 109.7 113.5 109.5 118.2 119.1 108.8 108.8 109.4 107.7 110.5 103.1 103.9 99.2 77.8 105.7 117.7 105.0 101.9 108.5 109.1 112.8 118.8 114.6 122.9 128.2 113.8 113.7 114.1 111.3 114.7 106.0 102.7 97.1 77.6 103.6 120.1 106.7 103.1 111.8 110.9 113.2 118.8 115.3 122.8 133.6 113.4 113.4 114.6 112.6 116.9 106.3 104.7 100.2 76.9 107.4 120.4 106.8 103.1 112.1 111.1 114.0 119.6 116.0 123.6 134.2 114.3 114.3 115.1 112.4 116.6 106.2 105.6 101.3 77.5 108.6 121.0 106.9 103.3 111.9 111.2 114.1 120.0 116.2 124.2 132.2 114.8 114.8 115.5 112.1 116.4 105.8 105.2 100.8 77.3 108.1 120.7 107.1 103.4 112.2 111.3 114.0 120.7 116.0 124.5 129.3 115.9 115.9 115.8 112.2 116.0 106.3 102.8 96.5 78.2 103.0 121.1 107.0 103.1 112.7 111.4 113.9 120.9 115.9 124.6 128.1 116.2 116.2 115.9 112.7 116.5 106.9 102.0 95.1 80.1 101.1 121.2 107.0 103.1 112.8 111.4 114.1 121.2 115.9 125.3 124.5 116.6 116.6 116.1 112.5 115.9 107.1 101.7 94.8 80.2 100.7 120.9 106.9 102.9 112.9 111.6 114.6 121.9 116.9 125.7 129.2 117.1 117.1 116.7 113.0 117.1 106.9 102.0 95.2 80.4 101.2 121.2 107.1 103.0 113.5 111.7 115.0 122.4 117.3 126.1 130.0 117.6 117.6 116.7 113.6 117.6 107.5 102.5 95.6 80.6 101.6 121.8 107.2 103.1 113.6 111.8 115.4 122.9 118.4 126.2 136.9 117.8 117.8 117.2 112.8 116.6 107.1 102.3 95.4 80.2 101.4 121.7 107.8 104.1 113.4 111.9 115.6 123 0 118.4 126.3 136 1 118 0 1180 117.3 114.7 119.8 107.5 102.5 95.4 79.9 101.4 122.3 108.7 104.2 114.3 115.6 116.0 123 4 1186 126.6 136 2 118 4 118 5 117 3 113 7 117 6 107.9 103.0 96 1 79 7 102 2 122 5 108 8 104.2 114 5 115.7 116.9 123.9 119.3 126.9 138.8 118.8 118.8 118.0 113.9 117.9 107.9 105.5 100.5 78.9 107.5 122.2 109.1 104.6 115.1 115.7 117.4 124.5 120.0 127.5 140.8 119.4 119.5 118.6 113.8 117.6 108.0 105.6 100.5 76.7 107.8 122.4 109.4 104.9 115.5 115.9 Apparel and upkeep ..................................................... 105.8 110.4 107.1 109.1 112.9 115.2 115.2 112.6 110.3 110.0 113.9 116.3 115.7 114.1 112.4 All items........................ Commodities.................. Food and beverages................. Commodities less food and beverages.......... Nondurables less food and beverages ........ Apparel commodities................. Nondurables less food, beverages, and apparel Durables................................. Services.............................. Rent of shelter (12/82=100)........... Household services less rent of’ shelter (12/82 = 100) Transportation services...................... Medical care services.................................. Other services .............................. Special indexes: All items less food ................... All items less shelter....................... All items less homeowners’ costs (12/82=100).... All items less medical care............... Commodities less food............... Nondurables less food ............................... Nondurables less food and apparel ........................................ Nondurables.......................................... Services less rent of shelter (12/82 = 100) ... Services less medical care...................................................... All items less energy ......................... All items less food and energy ............................................... Commodities less food and energy................. Energy commodities ............................... Services less energy...................... Purchasing power of the consumer dollar: 1982-84 = $1.00................................. 1967=$1.00......................... 86.4 28.8 116.3 107 6 103 8 CONSUMER PRICE INDEX FOR URBAN WAGE EARNERS AND CLERICAL WORKERS: All items ........................................ All items (1967=100) .......................... See footnotes at end of table. 84 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 30. Continued— Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group (1982-84 = 100, unless otherwise indicated) Series Annual average 1987 1988 1986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Apparel commodities............................................................... Men’s and boys’ apparel....................................................... Women’s and girls’ apparel .................................................. Infants’ and toddlers' apparel................................................ Footwear.............................................................................. Other apparel commodities................................................... Apparel services...................................................................... 104.2 105.9 103.8 113.5 102.1 101.6 115.0 108.8 108.5 110.3 114.0 105.5 107.4 119.2 105.3 106.9 104.4 109.7 103.9 107.3 119.5 107.4 107.7 108.2 110.6 104.7 108.2 119.3 111.5 109.8 115.2 113.9 106.0 109.8 119.4 113.9 111.5 118.2 118.6 107.9 110.4 120.3 113.9 112.0 117.6 118.7 108.6 110.5 120.7 111.1 110.4 112.6 116.4 108.0 110.6 120.9 108.6 108.6 108.2 115.2 106.8 112.2 121.1 108.3 108.7 107.9 113.3 106.4 112.0 121.5 112.4 111.1 114.9 116.0 107.7 112.8 121.6 114.9 112.2 118.8 119.1 109.6 113.9 122.0 114.3 113.0 116.7 119.7 109.9 114.0 122.2 112.6 112.1 113.5 118.8 109.6 113.5 122.4 110.6 111.5 109.5 118.6 108.7 115.2 122.7 Transportation ........................................................................... Private transportation............................................................... New vehicles........................................................................ New cars............................................................................ Used c a rs............................................................................. Motor fuel............................................................................. Gasoline............................................................................. Maintenance and repair........................................................ Other private transportation.................................................. Other private transportation commodities........................... Other private transportation services.................................. Public transportation............................................................... 101.7 100.9 110.4 110.4 108.8 77.1 76.9 110.6 113.8 96.3 117.1 116.8 105.1 104.1 114.0 114.3 113.1 80.3 80.2 115.1 119.0 96.7 123.4 120.4 105.8 104.9 113.9 114.4 115.4 82.3 82.2 114.9 118.9 96.3 123.4 119.7 106.3 105.5 113.5 114.0 115.5 84.5 84.4 115.4 118.7 96.7 123.1 120.8 106.4 105.5 113.3 113.8 115.9 84.1 84.1 116.0 119.1 97.3 123.4 121.4 106.9 106.1 114.5 114.9 116.1 83.3 83.2 116.3 121.0 97.7 125.8 120.7 107.6 106.7 115.9 116.2 116.4 83.3 83.2 116.7 122.0 97.2 127.1 121.2 107.3 106.4 116.1 116.3 116.2 82.0 81.9 117.0 122.0 97.4 127.1 121.3 106.8 105.9 115.8 115.9 115.9 79.7 79.5 117.4 122.9 98.1 128.0 121.2 106.4 105.6 115.7 116.0 116.0 78.3 78.1 117.8 123.2 98.0 128.5 120.4 106.2 105.3 115.3 115.7 116.1 77.5 77.3 118.6 123.1 98.1 128.2 120.8 106.8 105.9 115.3 115.7 116.6 79.4 79.2 118.9 123.0 97.9 128.3 121.7 107.8 107.0 115.6 116.0 116.9 81.4 81.3 119.4 124.3 98.6 129.7 121.8 108.2 107.3 115.8 116.2 117.5 81.4 81.3 119.8 125.2 98.5 130.8 122.3 108.6 107.7 115.8 116.2 117.8 82.3 82.3 120.1 125.4 97.9 131.3 123.0 Medical care.............................................................................. Medical care commodities....................................................... Medical care services.............................................................. Professional services............................................................ Hospital and related services ................................................ 122.0 122.2 122.0 120.9 122.6 130.2 130.2 130.3 129.0 131.1 130.8 130.9 130.8 129.6 131.4 131.4 131.3 131.4 130.2 132.4 132.0 131.9 132.0 130.9 132.8 132.6 132.6 132.6 131.4 133.7 133.0 133.4 133.0 131.7 134.9 133.4 134.1 133.2 132.0 135.4 134.6 134.7 134.6 133.4 136.9 135.8 135.4 135.8 134.7 138.4 136.5 136.1 136.6 135.5 139.3 137.1 137.2 137.1 136.1 140.1 137.8 138.0 137.7 136.6 141.2 138.5 138.3 138.5 137.7 141.5 139.6 139.4 139.6 138.5 143.8 Entertainment............................................................................ Entertainment commodities ..................................................... Entertainment services............................................................ 111.0 107.8 116.5 114.8 110.6 121.8 115.0 110.9 121.8 115.1 110.8 122.2 115.6 110.9 123.2 116.3 111.3 124.3 116.7 112.2 124.1 116.9 112.6 124.0 117.4 112.8 124.9 117.6 112.9 125.2 118.2 113.5 126.0 118.9 114.2 126.5 119.0 114.6 126.3 119.4 114.9 126.8 119.8 115.4 127.2 Other goods and services......................................................... Tobacco products ................................................................... Personal care.......................................................................... Toilet goods and personal care appliances........................... Personal care services ......................................................... Personal and educational expenses........................................ School books and supplies................................................... Personal and educational services........................................ 120.9 124.8 111.9 111.2 112.6 128.5 127.8 128.6 127.8 133.7 115.0 113.9 116.1 138.2 137.9 138.4 127.5 135.1 115.1 114.1 116.2 136.7 136.4 137.0 128.0 135.4 115.4 114.3 116.7 137.4 136.6 137.7 130.3 136.0 115.8 114.6 117.1 141.8 140.7 142.1 130.8 136.5 116.1 115.0 117.3 142.4 141.8 142.7 131.0 136.7 116.2 115.0 117.4 142.8 141.8 143.1 131.3 137.2 116.4 115.1 117.8 143.0 141.9 143.3 132.7 141.0 117.1 116.0 118.3 143.4 143.9 143.6 133.6 142.3 117.5 116.2 118.9 144.3 145.3 144.5 134.0 143.0 117.7 116.5 119.0 144.6 145.2 144.8 134.2 143.1 118.1 117.0 119.3 144.7 145.4 144.9 134.5 143.4 118.5 117.1 119.9 145.2 145.4 145.4 135.0 143.8 118.8 117.4 120.2 145.8 145.6 146.0 136.3 147.9 119.1 117.8 120.4 146.0 145.6 146.3 All items...................................................................................... Commodities............................................................................. Food and beverages............................................................... Commodities less food and beverages.................................... Nondurables less food and beverages ................................. Apparel commodities.......................................................... Nondurables less food, beverages, and apparel ................. Durables............................................................................... 108.6 103.9 108.9 100.8 97.3 104.2 95.3 104.9 112.5 107.3 113.3 103.6 100.8 108.8 99.2 106.6 112.7 107.3 113.5 103.5 100.4 105.3 100.3 106.9 113.3 107.9 113.6 104.3 101.8 107.4 101.4 106.8 113.8 108.5 114.0 105.1 103.1 111.5 101.5 106.9 114.1 108.9 114.1 105.7 103.8 113.9 101.3 107.4 114.3 109.1 114.1 106.0 104.0 113.9 101.6 108.0 114.2 108.9 114.5 105.4 102.8 111.1 101.2 108.0 114.5 108.8 115.4 104.7 101.7 108.6 100.8 107.9 114.7 108.7 115.5 104.5 101.4 108.3 100.5 107.9 115.1 109.3 115.7 105.3 102.7 112.4 100.4 108.0 115.7 110.1 116.3 106.3 104.3 114.9 101.6 108.1 116.2 110.5 116.8 106.7 104.8 114.3 102.6 108.4 116.7 110.7 117.4 106.5 104.3 112.6 102.8 108.7 117.2 111.1 118.5 106.6 104.3 110.6 103.7 108.8 Services..................................................................................... Rent of shelter (12/84 —100).................................................. Household services less rent of shelter (12/84 —100)............. Transportation services........................................................... Medical care services.............................................................. Other services ........................................................................ 114.7 109.0 103.9 115.4 122.0 118.7 119.4 114.0 104.0 120.8 130.3 124.7 119.7 114.0 105.9 120.6 130.8 124.1 120.4 114.9 106.6 120.7 131.4 124.6 120.9 115.2 106.3 121.2 132.0 126.9 121.1 115.9 104.2 122.5 132.6 127.7 121.2 116.1 103.4 123.5 133.0 127.8 121.3 116.4 103.1 123.6 133.2 127.9 122.0 117.1 103.5 124.1 134.6 128.5 122.5 117.5 103.9 124.4 135.8 129.0 122.8 118.0 103.8 124.5 136.6 129.5 123.1 118.2 104.4 124.8 137.1 129.8 123.6 118.5 104.9 125.8 137.7 130.0 124.5 119.0 107.2 126.6 138.5 130.5 125.1 119.6 107.4 127.1 139.6 130.8 Special indexes: All items less food .................................................................. All items less shelter .............................................................. All items less homeowners’ costs (12/84=100)...................... All items less medical care...................................................... Commodities less food............................................................ Nondurables less food ............................................................ Nondurables less food and apparel ........................................ Nondurables............................................................................ Services less rent of shelter (12/84—100).............................. Services less medical care...................................................... Energy..................................................................................... All items less energy .............................................................. All items less food and energy ............................................... Commodities less food and energy......................................... Energy commodities ............................................................... Services less energy............................................................... 108.5 107.4 102.8 107.8 101.2 98.0 96.4 103.3 107.1 113.9 87.4 111.5 112.3 107.6 77.2 115.8 112.2 111.0 106.4 111.5 103.9 101.4 100.0 107.2 110.8 118.2 88.0 116.0 116.8 110.8 80.3 121.2 112.4 111.2 106.6 111.7 103.8 101.1 101.0 107.2 111.5 118.5 90.5 115.9 116.6 110.3 82.0 121.1 113.1 111.8 107.1 112.3 104.6 102.4 101.9 107.9 112.0 119.2 92.2 116.4 117.2 110.8 84.1 121.8 113.7 112.4 107.7 112.9 105.4 103.6 102.0 108.8 112.5 119.7 91.8 117.1 117.9 111.8 83.8 122.4 114.0 112.6 107.8 113.1 105.9 104.2 101.9 109.2 112.2 119.9 89.3 117.7 118.7 112.7 83.0 123.1 114.3 112.7 108.0 113.3 106.3 104.4 102.2 109.2 112.2 119.9 88.6 118.0 119.1 113.1 83.2 123.4 114.1 112.5 107.8 113.2 105.6 103.3 101.8 108.8 112.2 120.1 87.8 118.0 119.0 112.6 82.1 123.7 114.2 112.7 108.0 113.4 105.0 102.4 101.5 108.8 112.8 120.7 86.8 118.5 119.3 112.3 80.0 124.3 114.4 112.8 108.1 113.6 104.9 102.2 101.4 108.7 113.2 121.1 86.3 118.7 119.6 112.4 78.7 124.8 115.0 113.2 108.6 114.0 105.7 103.4 101.4 109.4 113.4 121.4 85.8 119.3 120.3 113.5 77.9 125.2 115.5 113.9 109.2 114.6 106.6 104.9 102.5 110.5 113.9 121.7 86.7 119.9 120.8 114.3 79.7 125.6 116.0 114.4 109.7 115.0 107.0 105.4 103.4 111.0 114.4 122.2 88.1 120.2 121.1 114.4 81.5 126.0 116.5 115.0 110.2 115.6 106.9 105.0 103.6 111.1 115.7 123.1 90.3 120.5 121.4 114.3 81.4 126.5 116.8 115.4 110.7 116.0 107.0 105.1 104.5 111.6 116.1 123.6 90.7 121.0 121.7 114.2 82.1 127.1 Purchasing power of the consumer dollar: 1982-84-$1.00....................................................................... 1967 —$1.00............................................................................ 92.0 30.9 89.0 29.9 88.7 29.8 88.2 29.6 87.8 29.5 87.6 29.4 87.4 29.4 87.5 29.4 87.3 29.3 87.2 29.3 86.8 29.2 86.4 29.0 86.1 28.9 85.7 28.8 85.3 28.6 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 85 MONTHLY LABOR REVIEW 31. October 1988 • Current Labor Statistics: Price Data Consumer Price Index: U.S. city average and available local area data: ail items (1982-84=100, unless otherwise indicated) Area’ U.S. city average . Region and area size3 Northeast urban................ Size A - More than 1,200,000 Size B - 500,000 to 1,200,000 Size C - 50,000 to 500.000 ........................... North Central urban .......... Size A - More than 1 200.000 Size B - 360,000 to 1,200,000 Size C - 50,000 to 360.000 ........................... Size D - Nonmetro politan (less than 50,0000 .................. South urban....................... Size A - More than 1.200.000 ........................ Size B - 450,000 to 1,200,000 Size C - 50,000 to 450.000 ........................... Size D - Nonmetro politan (less than 50,000).................... West urban........................ Size A - More than 1.250.000 ......................... Size B - 330,000 to 1.250.000 ......................... Size C - 50,000 to 330.000 ........................... . ............ Size classes: A ................ B ................ C ............... D ............... Selected local areas Chicago, ILNorthwestern IN .............. Los Angeles-Long Beach, Anaheim, C A ...... New York, NYNortheastern N J .............. Philadelphia, PA-NJ.......... San FranciscoOakland, C A ..................... Baltimore, MD ............... Boston, MA ................... Cleveland, O H ............... Miami, F L ...................... r St. Louis, MO-IL............ Washington, DC-MD-VA Dallas-Ft. Worth, TX . Detroit, M l................ Houston, T X ............ Pittsburgh, PA ......... All Urban Consumers cing Other he- index e2 base 1387 1988 Aug. Mar. Apr. May June July July Aug. Mar. Apr. May June July M 113.8 114.4 116.E 117.1 117.5 118.C 118.5 112.7 113.3 115.1 115.7 116.2 116.7 117.2 M 116.0 116.9 119.6 120.4 120.7 121.4 121.8 115.2 116.0 118.4 119.2 119.5 120.2 120.6 M 116.9 117.9 120.4 121.3 121.6 122.0 122.6 115.4 116.3 118.5 119.3 119.5 120.0 120.6 M 113.5 114.0 117.5 118.2 118.9 119.9 120.0 112.5 113.0 116.4 117.0 117.7 118.7 118.8 M M 115.0 112.3 115.9 113.1 117.2 114.3 118.2 114.9 118.7 115.5 119.8 116.0 120.0 116.6 117.3 110.4 118.2 111.2 119.8 112.3 120.7 113.0 121.2 113.6 122.2 114.1 122.4 114.7 M 113.2 114.0 115.1 115.7 116.0 117.0 117.7 110.7 111.5 112.5 113.1 113.5 114.4 115.1 M 111.5 112.6 114.2 115.0 115.7 115.6 115.8 109.0 110.1 111.8 112.6 113.4 113.3 113.5 M 111.9 112.8 114.6 115.2 116.1 116.1 116.6 110.8 111.6 113.4 114.0 114.9 114.9 115.5 M M 110.2 112.6 110.5 112.9 111.1 114.8 111.8 115.4 112.2 115.6 112.8 116.1 113.5 116.6 110.0 112.1 110.2 112.4 110.6 114.2 111.3 114.7 111.9 114.9 112.4 115.5 113.2 116.1 M 113.5 114.0 115.5 116.0 116.7 117.2 117.7 112.8 113.2 114.7 115.1 115.7 116.4 116.9 M 112.7 113.2 115.8 116.3 116.2 116.7 117.1 111.1 111.4 113.6 114.1 114.0 114.7 115.2 M 112.1 112.3 114.0 114.5 114.6 114.9 115.6 112.5 112.7 114.3 114.9 115.0 115.3 116.1 M M 110.8 114.3 110.9 114.8 112.7 117.5 113.6 117.9 113.7 118.5 114.5 118.7 115.0 119.2 111.6 113.2 111.7 113.7 113.4 116.2 114.2 116.6 114.4 117.2 115.3 117.4 115.8 117.8 119.2 120.1 120.2 120.5 113.0 113.6 116.2 116.6 117.4 117.5 117.8 M 115.4 116.0 118.9 M 113.1 113.3 115.9 - - - - 113.4 113.6 116.0 - - - - M 113.8 114.2 116.2 116.8 116.5 117.2 117.9 113.2 113.6 115.6 116.2 115.9 116.6 117.3 M 12/86 M 103.2 112.7 112.9 111.3 103.8 113.2 113.4 111.4 105.7 115.8 115.1 113.5 106.3 116.4 115.8 114.1 106.7 116.7 116.1 114.3 107.2 117.2 116.5 115.0 107.6 117.5 117.1 115.4 103.3 111.5 113.2 111.6 103.9 112.0 113.7 111.8 105.6 114.3 115.4 113.7 106.1 114.9 116.1 114.3 106.6 107.1 115.3 115.8 116.4 116.8 114.6 115.3 107.6 116.1 117.4 115.7 M M M - 115.9 116.7 116.9 117.1 117.0 118.9 119.8 112.4 113.2 113.2 113.3 113.3 115.2 116.2 M - 116.5 117.3 120.6 121.1 122.0 122.0 122.1 113.8 114.6 117.5 118.0 118.9 118.9 119.0 M M - “ 117.9 117.4 118.9 118.4 121.5 119.6 122.6 120.0 122.7 120.9 123.1 121.9 123.6 123.2 116.5 117.3 117.4 118.4 119.7 119.5 120.6 119.8 120.7 120.8 121.2 121.8 121.7 123.1 M - 115.8 116.1 119.1 118.7 119.7 120.1 120.9 114.7 114.9 117.9 117.8 118.7 119.0 119.7 1 1 “ - - 117.7 122.1 115.1 115.1 114.2 119.2 - 117.8 123.1 116.6 116.2 114.1 120.1 - 119.9 123.8 117.6 116.8 116.0 120.7 114.7 116.4 108.1 111.3 112.5 115.3 _ _ “ 115.0 116.3 112.8 112.0 112.7 116.2 - 119.7 123.7 112.6 116.0 115.7 119.9 - - _ _ - - 115.4 112.7 109.4 110.0 - 1 1 1 1 2 2 2 2 “ 113.5 112.2 107.3 112.0 - - - 115.4 114.4 108.2 114.5 sive of farms and militan,- Vea definitions are those established by the Of fice of Management ana 3udg t in 1983, except for Boston-Lawrence-Salem, MA-NH Area (excludes Monroe County); and Milwaukee, Wl Area (in cludes only the Milwaukee MSA' Definitions do not include revisions made since 1983. 2 Foods, fuels, and several other items priced every month in all areas; most other goods and services priced as indicated:. M - Every month. 1 - January, March, May, July, September, and November. 2 - February, April, June, August, October, and December. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1987 July ' 86 Urban Wage Earners 1988 - “ - - 115.6 115.4 109.4 114.3 - - - - ” - _ - - 113.3 109.6 107.1 107.7 117.3 121.8 110.2 114.3 113.8 118.5 _ _ _ _ _ _ - 114.8 111.9 108.1 110.1 117.4 123.1 111.7 115.1 113.7 119.3 _ _ - _ 3 Regions are defined as the four Census regions. - Data not available. NOTE: Local area CPI indexes are byproducts of the national CPI pro gram. Because each local index is a small subset of the national index, it has a smaller sample size and is, therefore, subject to substantially more sampling and other measurement error than the national index. As a result, local area indexes show greater volatility than the national index, although their long-term trends are quite similar. Therefore, the Bureau of Labor Sta tistics strongly urges users to consider adopting the national average CPI for use in escalator clauses. 32. Annual data: Consumer Price Index, U.S. city average, all items and major groups (1982-84 = 100) Series 1979 Consumer Price Index for All Urban Consumers: All items: Percent change............................................................. Food and beverages: Percent change.............................................................. Housing: Percent change..................................................... ........ Apparel and upkeep: Percent change ......i....................................................... Transportation: Percent change.............................................................. Medical care: Percent change.............................................................. Entertainment: Percent change......................................... ............... •■••• Other goods and services: Percent change......................................... .................... Consumer Price Index for Urban Wage Earners and Clerical Workers: All items: Percent change....................................... ...................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1980 1981 1982 1983 1984 1985 1986 1987 72.6 11.3 82.4 13.5 90.9 10.3 96.5 6.2 99.6 3.2 103.9 4.3 107.6 3.6 109.6 1.9 113.6 3.6 79.9 10.7 86.7 8.5 93.5 7.8 97.3 4.1 99.5 2.3 103.2 3.7 105.6 2.3 109.1 3.3 113.5 4.0 70.1 12.3 81.1 15.7 90.4 11.5 96.9 7.2 99.5 2.7 103.6 4.1 107.7 4.0 110.9 3.0 114.2 3.0 84.9 4.3 90.9 7.1 95.3 4.8 97.8 2.6 100.2 2.5 102.1 1.9 105.0 2.8 105.9 .9 110.6 4.4 70.5 14.3 83.1 17.9 93.2 12.2 97.0 4.1 99.3 2.4 103.7 4.4 106.4 2.6 102.3 -3.9 105.4 3.0 67.5 9.2 74.9 11.0 82.9 10.7 92.5 11.6 100.6 8.8 106.8 6.2 113.5 6.3 122.0 7.5 130.1 6.6 76.7 6.7 83.6 9.0 90.1 7.8 96.0 6.5 100.1 4.3 103.8 3.7 107.9 3.9 111.6 3.4 115.3 3.3 68.9 7.2 75.2 9.1 82.6 9.8 91.1 10.3 101.1 11.0 107.9 6.7 114.5 6.1 121.4 6.0 128.5 5.8 73.1 11.4 82.9 13.4 91.4 10.3 96.9 6.0 99.8 3.0 103.3 3.5 106.9 3.5 108.6 1.6 112.5 3.6 M ONTHLY LABOR REVIEW 33. October 1988 • Current Labor Statistics: Price Data Producer Price Indexes, by stage of processing (1982 = 100) 1987 Annual average 1988 Grouping Finished goods ....................................... Finished consumer goods ........................ Finished consumer foods....................... Finished consumer goods excluding foods ..................................................... Nondurable goods less food ............... Durable goods ..................................... Capital equipment..................................... Intermediate materials, supplies, and components........................................... Materials and components for manufacturing .......................................... Materials for food manufacturing........... Materials for nondurable manufacturing . Materials for durable manufacturing...... Components for manufacturing.............. Materials and components for construction.............................................. Processed fuels and lubricants................. Containers.................................................. Supplies..................................................... Crude materials for further processing ... Foodstuffs and feedstuffs ....................... Crude nonfood materials......................... 1986 1987 Aug. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July 103.2 101.4 107.3 105.4 103.6 109.5 105.9 104.3 109.5 105.7 104.2 110.5 106.2 104.4 109.7 106.3 104.5 109.8 105.8 104.0 108.9 106.3 104.5 110.5 106.1 104.1 109.4 106.3 104.4 110.1 106.9 105.1 110.2 107.5 105.7 111.3 107.9 106.1 112.5 108.5 107.0 113.7 98.5 93.3 108.9 109.7 100.7 94.9 111.5 111.7 101.8 96.6 110.9 111.7 101.1 96.1 110.0 111.2 101.9 95.8 113.4 112.5 101.9 95.9 113.0 112.5 101.6 95.9 112.2 112.4 101.5 95.5 112.6 112.9 101.5 95.5 112.8 113.2 101.5 95.6 112.6 113.2 102.5 96.9 112.8 113.6 102.9 97.4 112.9 113.9 103.0 97.3 113.3 114.2 103.7 98.1 113.7 114.2 Sept. 99.1 101.5 102.5 102.7 103.1 103.4 103.6 104.2 104.3 104.7 105.5 106.2 107.4 108.2 102.2 98.4 98.1 101.2 107.5 105.3 100.8 102.2 106.2 108.8 105.8 101.5 102.9 107.1 108.8 106.3 102.8 103.4 108.1 109.0 107.2 101.9 104.5 110.2 109.3 107.5 100.6 104.9 111.1 109.5 108.1 99.9 105.5 112.9 109.8 109.5 101.9 107.5 114.5 110.5 109.9 102.0 108.5 113.9 110.8 110.5 101.6 109.6 114.7 111.1 111.5 102.8 110.9 116.6 111.4 112.2 104.2 111.6 117.5 111.7 113.0 107.0 112.2 118.4 112.3 113.9 109.9 113.7 119.4 112.4 108.1 72.7 110.3 105.6 109.8 73.3 114.5 107.7 110.2 77.3 114.4 107.8 110.7 75.9 115.4 108.2 111.2 74.6 116.1 108.8 111.9 74.4 116.5 109.5 112.4 72.9 116.1 109.9 113.6 70.7 116.6 110.5 113.8 70.2 116.9 110.6 114.4 69.6 117.4 111.1 115.0 70.5 118.2 111.7 115.2 71.5 119.3 112.3 115.9 73.3 119.9 114.0 116.7 73.4 120.3 115.2 87.7 93.2 81.6 93.7 96.2 87.9 96.5 97.1 91.8 95.7 96.6 90.8 95.3 96.1 90.5 94.7 95.3 90.1 94.4 95.9 89.2 93.7 97.2 87.3 94.7 99.7 87.4 94.1 99.8 86.4 95.7 101.2 88.0 97.1 104.5 88.2 98.2 108.4 87.5 97.0 109.9 84.8 101.9 63.0 109.7 109.7 110.6 104.0 61.8 112.3 112.5 113.3 104.7 64.9 112.3 112.6 113.4 104.2 63.4 112.4 112.8 113.1 105.1 62.4 113.1 113.4 114.5 105.1 62.5 113.2 113.4 114.5 104.9 61.4 112.9 113.1 114.5 104.9 59.2 113.9 114.3 115.2 105.0 58.5 113.8 114.0 115.5 105.1 58.2 114.1 114.4 115.7 105.8 60.9 114.3 114.5 115.9 106.2 61.5 114.9 115.2 116.2 106.4 60.8 115.5 115.9 116.5 106.8 60.7 116.3 117.0 117.2 111.1 114.2 114.3 114.1 115.6 115.6 115.7 116.5 116.8 117.1 117.2 117.5 117.9 118.9 113.1 116.3 116.9 117.3 117.4 117.6 118.4 119.5 119.9 120.4 120.5 120.9 121.3 122.8 99.3 96.2 72.6 104.5 101.7 99.2 73.0 107.3 102.7 99.6 77.0 107.7 102.8 101.0 75.6 108.3 103.2 100.6 74.4 109.1 103.6 101.4 74.1 109.5 103.7 102.0 72.7 110.1 104.2 102.9 70.5 111.2 104.4 101.9 70.0 111.4 104.8 102.0 69.3 112.1 105.7 103.5 70.2 112.8 106.3 104.9 71.2 113.5 107.1 112.0 73.0 114.5 107.7 116.8 73.1 115.5 104.9 107.8 108.2 108.7 109.6 110.1 110.6 111.8 112.2 112.9 113.7 114.3 114.9 115.7 71.8 95.4 103.1 75.0 100.9 115.7 78.9 102.3 118.7 76.7 103.0 122.9 75.4 103.6 126.4 74.7 103.1 127.1 73.6 103.7 127.3 70.8 105.1 129.2 70.4 107.6 131.6 68.7 108.1 133.4 70.5 109.2 133.6 71.4 110.9 131.1 70.7 113.8 131.0 66.9 115.4 132.8 Special groupings Finished goods, excluding fo o d s................. Finished energy goods ................................ Finished goods less energy........................ Finished consumer goods less energy....... Finished goods less food and energy........ Finished consumer goods less food and energy......................................................... Consumer nondurable goods less food and energy......................................................... Intermediate materials less foods and fe e d s........................................................... Intermediate foods and feeds..................... Intermediate energy goods ......................... Intermediate goods less energy.................. Intermediate materials less foods and energy......................................................... Crude energy materials................................ Crude materials less energy....................... Crude nonfood materials less energy......... 88 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 34. Producer Price indexes, by durability of product (1982 = 100) May June July Nov. Dec. Jan. 110.2 98.8 111.4 98.5 111.7 98.6 112.0 98.3 112.8 98.5 113.0 98.6 113.3 98.8 113.8 99.8 114.0 100.8 114.5 101.9 114.8 102.5 105.1 109.7 100.5 105.1 109.7 100.4 105.8 110.9 100.7 106.0 111.1 100.9 106.0 111.4 100.6 106.6 112.2 101.1 106.8 112.4 101.3 107.1 112.6 101.7 107.8 113.1 102.6 108.5 113.4 103.7 109.1 113.9 104.4 109.8 114.1 105.4 96.2 125.7 94.7 95.9 130.9 94.3 94.9 137.3 92.9 94.7 138.0 92.6 94.5 138.3 92.4 94.0 139.9 91.9 94.1 144.6 91.8 93.8 146.2 91.4 94.9 146.6 92.5 95.6 142.9 93.4 97.7 144.0 95.5 97.4 149.2 94.9 Aug. Total nondurable goods............................... 107.5 94.8 109.9 97.5 110.0 99.0 Nondurable ................................................ 101.7 107.5 96.0 104.4 109.6 99.2 92.3 107.8 91.5 94.2 122.6 92.9 35. Apr. Oct. 1987 Nondurable ................................................ Mar. Feb. 1986 Total raw or slightly processed goods ....... 1988 1987 Annual average Grouping Sept. Annual data: Producer Price Indexes, by stage of processing (1982 = 100) Index Finished goods: Intermediate materials, supplies, and components: 1979 1982 1983 1984 1985 1986 1987 88.0 88.6 85.8 96.1 96.6 94.6 100.0 100.0 100.0 101.6 101.3 102.8 103.7 103.3 105.2 104.7 103.8 107.5 103.2 101.4 109.7 105.4 103.6 111.7 78.4 90.3 98.6 100.0 100.6 103.1 102.7 99.1 101.5 80.9 84.2 61.6 79.4 80.2 91.7 91.3 85.0 89.1 89.9 98.7 97.9 100.6 96.7 96.9 100.0 100.0 100.0 100.0 100.0 101.2 102.8 95.4 100.4 101.8 104.1 105.6 95.7 105.9 104.1 103.3 107.3 92.8 109.0 104.4 102.2 108.1 72.7 110.3 105.6 105.3 109.8 73.3 114.5 107.7 85.9 100.0 69.6 57.3 95.3 104.6 84.6 69.4 103.0 103.9 101.8 84.8 100.0 100.0 100.0 100.0 101.3 101.8 100.7 105.1 103.5 104.7 102.2 105.1 95.8 94.8 96.9 102.7 87.7 93.2 81.6 92.2 93.7 96.2 87.9 84.1 Crude materials for further processing: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1981 77.6 77.5 77.5 Materials and components for Materials and components for construction .... 1980 — — 89 M ONTHLY LABOR REVIEW 36. October 1988 • Current Labor Statistics: Price Data U.S. export price indexes by Standard International Trade Classification (June 1977=100, unless otherwise indicated) Category 1974 SITO ALL COMMODITIES (9/83 = 100).......................................................... 1985 Dec. 1986 Mar. 1987 June Sept. Dec. Mar. 1988 June Sept. Dec. Mar. June 99.7 99.4 99.1 97.9 99.0 99.9 102.2 102.8 104.9 106.5 109.4 97.2 102.5 100.2 91.7 98.6 120.0 98.0 97.1 105.2 108.6 89.0 108.6 114.8 97.0 86.0 111.3 111.9 66.3 114.6 123.9 98.7 90.1 114.5 115.9 72.5 117.5 119.7 99.9 87.3 115.0 117.1 68.3 115.3 117.0 100.1 89.9 121.2 125.8 71.0 112.4 123.8 100.6 86.7 118.8 131.1 67.8 101.1 123.1 100.3 94.6 116.8 138.5 77.4 100.5 145.2 100.3 95.2 122.8 140.9 79.8 97.5 134.6 102.3 103.4 131.8 144.7 87.2 104.4 158.1 102.7 96.6 97.4 97.3 102.6 Food (3/83 = 100)............................................................ Meat (3/83 = 100)...................................................................... Fish (3/83 = 100) ................................................................. Grain and grain preparations (3/80 = 100) ............................................... Vegetables and fruit (3/83-100) ............................................................ Feedstuffs for animals (3 /8 3 -1 0 0 )................................................... Misc. food products (3/83 = 100)............................................................ 0 01 03 04 05 08 09 100.7 103.6 100.6 98.8 98.2 114.0 99.5 Beverages and tobacco (6 /8 3 = 10 0 )....................................................... Beverages (9 /8 3 = 1 0 0 ).................................................................. Tobacco and tobacco products (6 /8 3 = 1 0 0 )........................................... 1 11 12 99.4 102.6 _ 105.0 _ 105.5 107.0 109.6 110.6 99.5 96.3 97.1 97.0 102.6 102.6 105.0 105.5 107.0 109.8 110.7 Crude materials (6/83 = 100)..................................................................... Raw hides and skins (6/80=100) ............................................................ Oilseeds and oleaginous fruit (9 /7 7 =10 0 )............................................... Crude rubber (including synthetic and reclaimed) (9 /8 3 = 1 0 0 )............... W ood....................................................................................................... Pulp and waste paper (6/83 = 100) .......................................................... Textile fibers............................................................................................... Crude fertilizers and minerals................................................................... Metalliferous ores and metal scrap .......................................................... 2 21 22 23 24 25 26 27 28 98.1 110.0 94.7 99.7 101.9 96.7 96.4 99.2 94.8 101.4 108.7 99.1 99.7 101.5 104.2 100.2 100.0 100.3 102.2 117.1 98.1 99.9 101.2 116.4 98.0 98.4 98.0 99.6 108.3 97.5 99.6 102.9 129.0 73.0 98.0 100.4 102.4 115.9 95.2 98.9 107.9 129.4 90.9 96.8 96.8 105.7 131.9 90.4 99.9 111.2 144.2 97.8 94.4 98.8 114.5 149.6 101.6 101.0 116.2 149.9 112.4 94.0 107.0 118.7 147.7 95.1 102.8 141.7 153.0 116.5 91.6 117.4 125.2 157.1 109.6 105.3 146.0 160.4 111.6 91.6 125.9 130.0 171.4 115.6 104.5 150.2 171.2 107.5 92.8 131.8 139.7 164.2 143.0 106.1 149.5 178.8 109.8 94.9 146.0 Mineral fu e ls ................................................................................................ 3 97.0 83.6 76.8 77.4 77.8 81.3 82.8 84.6 82.5 79.3 82.1 Animal and vegetables oils, fats, and w axe s......................................... Fixed vegetable oils and fats (6/83 = 1 00)............................................... 4 42 82.5 80.3 74.3 71.3 67.7 70.6 62.1 60.2 71.8 64.6 73.9 67.3 78.8 71.9 78.5 71.2 81.6 75.4 92.7 85.7 97.3 93.7 Chemicals (3/83 = 100)............................................................................... Organic chemicals (12/83=100) .............................................................. Fertilizers, manufactured (3/83 = 100)...................................................... 5 51 56 99.6 99.2 100.5 99.8 98.5 98.9 98.0 93.1 93.0 95.7 91.6 85.1 95.2 92.4 77.4 99.6 101.9 85.6 106.7 118.4 91.6 107.7 116.1 100.9 112.9 123.5 106.5 117.9 135.1 110.6 121.8 145.1 109.8 Intermediate manufactured products (9/81 = 1 0 0 )................................. Leather and furskins (9 /7 9 = 10 0 )............................................................. Rubber manufactures ................................................................................ Paper and paperboard products (6/78 = 100).......................................... Iron and steel (3/82=100) ....................................................................... Nonferrous metals (9/81=100) ................................................................ Metal manufactures, n.e.s. (3/82=100) ................................................... 6 61 62 64 67 68 69 99.8 98.0 99.7 97.9 100.9 98.9 100.2 101.3 97.3 100.7 100.5 100.3 104.2 100.4 102.5 103.8 100.1 104.7 100.2 103.1 100.8 103.8 104.2 100.5 109.1 102.3 105.3 100.8 104.2 107.8 100.9 110.8 101.9 102.6 100.8 106.4 123.6 102.0 114.7 102.9 106.6 101.5 107.9 126.9 102.5 117.0 102.9 113.0 101.3 110.3 128.7 103.9 120.1 100.7 123.0 102.3 111.2 118.0 104.1 122.4 102.9 124.4 103.4 114.4 125.7 105.2 126.2 106.1 134.0 104.5 117.8 125.1 108.8 129.0 110.8 143.7 108.0 Machinery and transport equipment, excluding military and commercial aircraft (12/78 = 1 00).................................................... Power generating machinery and equipment (12/78=100) .................... Machinery specialized for particular industries (9/78-100) .................... Metalworking machinery (6/78=100) .................................................... General industrial machines and parts n.e.s. 9/78 = 100)....................... Office machines and automatic data processing equipment................... Telecommunications, sound recording and reproducing equipment....... Electrical machinery and equipment......................................................... Road vehicles and parts (3/80 = 100).................................................... Other transport equipment, excl. military and commercial aviation ....... 7 71 72 73 74 75 76 77 78 79 100.2 101.3 100.4 101.3 100.4 99.1 100.1 98.9 100.9 101.1 100.7 102.3 100.6 101.9 100.9 99.9 99.2 99.5 101.0 102.1 100.8 102.4 100.3 102.0 101.6 99.0 98.9 99.2 101.7 103.1 101.0 102.5 100.4 103.0 102.5 98.8 99.7 99.7 101.9 102.8 101.6 103.7 100.6 104.2 103.3 98.2 101.3 100.3 103.3 103.5 101.7 104.6 100.0 105.8 104.2 96.0 101.9 101.7 103.1 104.5 101.8 103.7 100.1 106.7 104.5 96.1 101.4 102.1 103.5 105.5 102.1 104.8 100.5 107.8 104.6 95.7 101.4 102.5 103.8 105.8 102.4 105.2 100.9 108.2 105.4 95.5 101.9 101.8 104.6 106.6 103.2 107.0 102.1 109.3 106.7 95.8 102.8 103.1 104.5 107.4 103.9 108.5 103.6 111.3 108.0 95.5 104.6 102.8 104.7 109.6 100.3 102.3 103.5 105.2 105.4 - - - _ _ Other manufactured articles ........................................................ Apparel (9/83 = 1 00)................................................................................. Professional, scientific, and controlling instruments and apparatus........ Photographic apparatus and supplies, optical goods, watches and clocks (12/77=100).......................................................................... 8 84 87 105.6 _ 106.9 108.0 100.6 102.0 103.1 103.0 103.5 104.4 105.5 106.3 107.1 110.0 111.1 88 100.1 101.9 102.6 102.4 102.1 102.7 102.5 99.0 97.9 97.6 99.8 Miscellaneous manufactured articles, n.e.s............................................... 89 - - - - - - - - - - - Gold, non-monetary (6 /8 3 = 1 0 0 ).............................................................. 971 - - - - - - - - - - - - Data not available. 90 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - - - 103.4 _ 103.8 _ 104.6 _ _ _ 37. U.S. import price indexes by Standard International Trade Classification (June 1977=100, unless otherwise indicated) Category 1974 SITC A LL COMMODITIES (9 /8 2 -1 0 0 )............................................................... 1988 1987 1986 Sept. Dec. Mar. June Sept. Dec. Mar. June 98.7 101.1 102.3 106.5 110.0 110.9 112.5 113.8 116.9 June M e a t........................................................................................................... Dairy products and eggs (6/81— 100) .................................................... 0 01 02 03 107.3 96.0 108.7 110.5 112.0 104.3 111.3 114.1 109.1 109.2 113.8 119.1 105.2 105.0 119.3 121.8 108.3 108.0 122.3 126.0 109.1 114.4 121.7 130.4 112.5 113.4 125.1 131.0 114.1 111.5 125.6 132.5 113.9 107.1 125.0 129.1 Bakery goods, pasta products, grain and grain preparations (9/77-100) .............................................................................................. Fruits and vegetables ................................................................................ Sugar, sugar preparations, and honey (3 /8 2 -1 0 0 )................................. Coffee, tea, cocoa..................................................................................... 04 05 06 07 112.5 100.0 104.6 117.2 117.8 106.0 106.2 121.5 118.8 104.3 106.5 104.9 122.3 101.9 107.4 89.9 126.2 110.1 109.6 87.0 124.8 110.0 109.0 85.1 130.7 116.2 107.0 90.6 135.8 115.4 109.6 94.3 139.9 120.3 110.0 93.4 1 11 105.2 106.1 103.9 107.5 106.8 109.5 107.8 112.1 112.8 114.2 112.2 114.8 113.5 116.2 116.0 118.7 116.2 119.9 2 23 24 25 27 28 29 106.4 99.5 104.3 100.3 99.0 121.6 111.3 109.5 97.7 107.6 108.0 98.4 124.8 112.4 109.1 98.4 104.8 116.9 98.6 118.3 111.9 115.1 98.4 113.5 127.0 98.2 122.8 113.0 116.2 103.7 110.2 132.0 99.6 124.5 109.0 120.3 110.7 117.4 133.4 99.2 128.7 107.6 122.1 120.1 108.8 141.0 99.9 137.9 118.3 129.2 121.7 112.4 151.0 100.4 151.2 135.8 137.8 151.1 111.4 160.5 101.0 167.6 149.0 3 33 51.5 49.0 52.2 50.0 55.9 55.0 67.4 67.4 74.1 74.4 74.3 75.2 67.2 67.8 60.6 60.4 64.7 65.0 4 42 66.7 - 61.2 - 83.4 - 82.9 - 87.9 “ 96.4 100.0 102.1 105.7 106.4 111.1 111.2 116.1 5 54 56 59 99.7 111.2 93.0 110.1 99.8 115.9 89.8 111.3 99.0 113.6 89.9 112.7 102.6 120.1 92.9 115.1 104.8 123.4 94.6 117.7 105.6 124.3 109.3 120.6 110.1 126.3 133.6 124.8 114.2 135.3 133.7 138.7 116.3 140.3 136.3 148.6 6 61 62 63 64 65 66 67 68 69 103.6 106.3 101.2 111.0 100.8 105.4 110.5 98.9 98.9 107.9 105.8 108.8 102.0 112.7 101.0 107.4 116.6 100.0 103.3 107.7 106.7 107.2 101.8 117.4 104.9 107.9 117.9 100.9 101.5 108.3 108.6 110.9 104.3 118.0 104.8 110.4 120.5 102.7 102.5 112.1 112.5 116.6 104.6 124.3 104.9 111.8 126.7 106.6 112.4 112.7 116.3 117.8 103.2 128.3 110.3 114.6 130.4 109.4 120.9 114.6 119.8 124.4 104.6 128.2 112.3 118.6 133.4 114.0 125.8 117.8 124.4 131.8 106.0 133.8 117.2 120.0 137.4 120.0 132.7 121.1 131.6 137.0 107.7 137.8 118.3 120.6 142.5 127.2 154.6 127.9 7 72 73 74 110.4 116.9 113.0 116.2 113.0 122.7 117.7 119.9 114.4 123.0 120.9 120.9 117.5 130.4 126.4 127.9 119.9 136.1 128.1 130.8 119.9 134.3 130.2 130.1 123.1 142.1 135.5 137.0 125.4 146.8 139.9 140.4 127.3 149.5 142.5 143.5 75 109.1 109.9 108.9 110.0 114.0 114.8 118.3 118.1 119.6 76 77 78 106.4 106.4 110.8 109.2 108.8 112.9 108.9 109.8 116.1 110.5 112.4 118.6 110.3 115.8 120.5 110.2 115.1 120.6 112.1 118.2 122.6 112.8 122.2 125.5 114.0 123.8 127.7 8 81 82 84 85 106.8 108.6 108.0 100.7 108.0 109.7 111.1 110.7 101.7 110.7 110.3 110.8 112.3 102.6 112.3 114.5 111.6 114.8 106.4 114.8 117.8 117.0 119.8 109.2 119.8 118.5 116.2 119.0 111.9 119.0 121.8 121.0 124.3 112.3 124.3 124.2 123.4 125.4 115.6 125.4 125.8 127.0 130.2 114.8 130.2 87 117.9 122.6 122.5 131.3 135.9 132.7 138.7 140.0 142.2 88 89 113.8 " 118.0 “ 119.0 “ 123.7 “ 126.0 - 122.1 127.3 " 129.2 “ 129.3 - - - - - - - - - - Food (9 /7 7 -1 0 0 )........................................................................................ Beverages and to bacco ................................................................................... Beverages ................................................................................................. Crude m a te ria ls ................................................................................................... Crude rubber (inc. synthetic & reclaimed) (3/84 = 100)........................... Wood (9/81-100) .................................................................................... Pulp and waste paper (12/81 -1 00 ) ........................................................ Crude fertilizers and crude minerals (12/83=100) .................................. Metalliferous ores and metal scrap (3/84 = 100)..................................... Crude vegetable and animal materials, n.e.s............................................. Fuels and related pro d u cts (6 /8 2 -1 0 0 ).................................................. Petroleum and petroleum products (6/82-100) ...................................... Fats and oils (9/83-100) .......................................................................... Vegetable oils (9 /8 3 -1 0 0 )....................................................................... Chem icals (9 /8 2 -1 0 0 )............................................................................... Medicinal and pharmaceutical products (3/84-100) .............................. Manufactured fertilizers (3/84 — 100)........................................................ Chemical materials and products, n.e.s. (9/84— 100).............................. Interm ediate m anufactured pro d u c ts (12/77-100) .............................. Leather and furskins................................................................................. Rubber manufactures, n.e.s....................................................................... Cork and wood manufactures .................................................................. Paper and paperboard products ............................................................... Textiles....................................................................................................... Nonmetallic mineral manufactures, n.e.s................................................... Iron and steel (S/78-100) ....................................................................... Nonferrous metals (12/81— 100) .............................................................. Metal manufactures, n.e.s.......................................................................... M achinery and tra n sp o rt equipm ent (6/81 — 1 0 0 ).................................... Machinery specialized for particular industries (9/78— 100).................... Metalworking machinery (3/80 — 100) ...................................................... General industrial machinery and parts, n.e.s. (6/81-100) .................... Office machines and automatic data processing equipment (3 /8 0 -1 0 0 )............................................................................................. Telecommunications, sound recording and reproducing apparatus (3 /8 0 -1 0 0 )............................................................................................. Electrical machinery and equipment (12/81— 100) .................................. Road vehicles and parts (6/81 — 100)...................................................... Mlsc. m anufactured articles (3/80 — 100)................................................. Plumbing, heating, and lighting fixtures (6/80— 100) ............................... Furniture and parts (6/80 — 100) ............................................................... Clothing (9/77-100) ................................................................................ Footwear.................................................................................................... Professional, scientific, and controlling instruments and apparatus (12/79— 100)........................................................................... Photographic apparatus and supplies, optical goods, watches, and clocks (3/80 — 1 00).................................................................................. Mise, manufactured articles, n.e.s. (6 /8 2 = 1 0 0 )...................................... Gold, non -m onetary (6 /8 2 — 1 0 0 ).................................................................... Data not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 971 M ONTHLY LABOR REVIEW 38. October 1988 • Current Labor Statistics: Price Data U.S. export price indexes by end-use category (September 1983 = 100 unless otherwise indicated) Category Foods, feeds, and beverages ....................................................... Raw materials................................................................................ Capital goods (12/8 2=1 0 0 ).......................................................... Automotive vehicles, parts and engines (12/82=100) ................ Consumer goods............................................................................ Durables ...................................................................................... Nondurables................................................................................ 39. Percentage of 1980 trade value 16.294 30.696 30.186 7.483 7.467 3.965 3.501 1986 June 96.2 96.0 100.6 101.9 103.3 102.8 103.7 Sept. 87.2 95.1 100.7 102.3 103.6 102.9 103.8 1987 Dec. 90.2 96.3 101.1 103.5 105.2 104.9 104.3 Mar. June 87.4 100.8 101.4 103.4 105.9 105.5 105.4 1988 Sept. 91.5 106.1 101.6 103.6 106.3 106.6 104.3 88.0 109.1 101.8 104.0 106.9 107.3 104.6 Dec. Mar. 96.6 111.8 102.1 104.5 108.0 107.9 106.3 June 98.5 114.2 103.3 104.3 110.1 110.4 107.4 110.2 118.3 104.1 104.7 110.6 110.3 108.8 U.S. import price indexes by end-use category (December 1982=100) Category Foods, feeds, and beverages ....................................................... Petroleum and petroleum products, excl. natural g a s .................. Raw materials, excluding petroleum ............................................. Raw materials, nondurable ......................................................... Raw materials, durable................................................................ Capital goods................................................................................. Automotive vehicles, parts and engines....................................... Consumer goods............................................................................ Durable ........................................................................................ Nondurable.................................................................................. Percentage of 1980 trade value 7.477 31.108 19.205 9.391 9.814 13.164 11.750 14.250 5.507 8.743 1986 June Sept. 1987 Dec. Mar. June 1988 Sept. 106.1 49.1 109.8 50.0 108.4 54.7 105.2 67.2 107.8 74.1 109.0 74.7 - - - - _ _ - - _ _ _ Dec. Mar. 112.1 67.6 113.7 60.3 113.6 64.8 _ _ _ - - - - _ _ _ _ 110.7 110.4 107.1 113.5 112.7 110.1 114.2 114.6 110.5 118.7 116.5 114.2 122.2 118.4 116.9 121.9 118.4 118.2 126.6 120.6 121.4 130.8 125.9 126.4 - - _ - _ _ _ 128.6 123.7 124.2 “ - - - - - - - - _ _ - Data not available. 40. U.S. export price indexes by Standard Industrial Classification 1 1986 1987 1988 Industry group June Manufacturing: Food and kindred products (6/83 = 100) .......................... Lumber and wood products, except furniture (6/83 = 1 00)..................................................................... Furniture and fixtures (9/83=100) .................................... Paper and allied products (3/81 = 100)............................. Chemicals and allied products (1 2/8 4=1 0 0 ).................... Petroleum and coal products (1 2/8 3=1 0 0 )..................... Primary metal products (3/82=100) ................................. Machinery, except electrical (9/78 = 1 00)......................... Electrical machinery (12/80=100) .................................... Transportation equipment (12/78 = 100)........................... Scientific instruments; optical goods; clocks (6 /7 7 = 1 0 0 )..................................................................... 1 SIC - based classification. 92 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June Sept. Dec. Mar. June Sept. Dec. Mar. June 97.2 97.4 100.2 102.0 107.4 107.1 116.3 120.8 124.8 103.4 103.7 97.9 98.0 61.8 102.6 100.1 99.5 104.7 104.8 104.0 102.3 95.8 65.1 109.3 100.1 99.9 104.8 108.8 104.1 104.9 95.8 67.6 106.9 100.1 100.8 106.0 112.8 108.0 109.3 100.5 73.5 110.6 99.6 101.9 106.2 116.2 108.6 112.3 107.6 80.5 117.2 99.4 102.1 106.7 138.9 108.7 115.5 108.7 81.4 122.3 99.4 102.5 106.9 142.5 111.2 119.3 113.8 78.8 126.6 99.7 102.2 107.8 146.1 112.5 124.6 118.4 73.0 126.9 100.6 102.9 108.0 145.3 112.9 129.5 122.5 78.3 134.8 101.3 103.4 109.0 104.5 104.7 105.3 105.8 106.8 106.6 107.1 109.2 110.6 _ _ 41. U.S. import price indexes by Standard Industrial Classification 1 1986 1987 1988 Industry group June Manufacturing: Food and kindred products (6/77— 100) ................................. Textile mill products (9 /8 2 = 10 0 )............................................. Apparel and related products (6/77 — 100).............................. Lumber and wood products, except furniture (6/77-100) ............................................................................ Furniture and fixtures (6 /8 0 =10 0 )........................................... Paper and allied products (6 /7 7 = 1 0 0 )................................... Chemicals and allied products (9/82 = 100) ............................ Rubber and miscellaneous plastic products (1 2/8 0= 1 0 0 ).......................................................................... Leather and leather products ................................................... Primary metal products (6/81 = 100) ....................................... Fabricated metal products (12/84 — 100)................................. Machinery, except electrical (3/80 = 100)................................ Electrical machinery (9 /8 4 -1 0 0 )............................................. Transportation equipment (6/81=100) .................................... Scientific instruments; optical goods; clocks (1 2 /7 9 -1 0 0 ).......................................................................... Miscellaneous manufactured commodities (9/82-100) ............................................................................ Sept. Dec. Mar. June Sept. Mar. Dec. June 97.3 106.8 101.2 99.7 109.2 102.4 103.0 110.6 103.0 103.8 114.1 107.0 106.3 116.1 109.4 108.4 119.4 112.3 110.6 124.3 113.4 114.0 127.4 116.6 114.4 128.9 116.0 106.3 109.4 97.3 103.3 109.0 111.4 98.6 104.3 109.0 111.6 103.3 102.6 114.8 116.1 105.1 105.7 115.0 117.0 105.9 106.2 120.3 118.3 110.9 107.2 115.4 118.9 113.6 112.2 119.5 122.2 119.1 116.8 120.0 124.0 121.2 121.2 105.3 103.2 97.1 110.5 114.9 104.3 112.8 106.6 105.3 102.3 111.1 118.2 106.9 114.7 107.9 106.4 101.3 111.7 118.9 107.0 117.3 110.6 109.3 102.7 116.7 123.4 109.4 119.9 113.6 113.3 110.4 117.5 127.4 110.7 122.1 112.3 113.3 115.2 119.8 127.8 110.2 122.5 115.7 118.4 120.0 123.2 133.9 112.5 124.6 117.2 120.8 122.6 127.3 135.9 114.7 127.3 119.2 125.1 135.0 133.9 138.2 116.1 129.5 117.8 122.6 122.4 128.8 132.5 128.8 134.0 135.8 136.9 104.7 110.7 112.2 115.1 118.1 121.4 123.8 127.7 133.2 1 SIC - based classification. 42. Indexes of productivity, hourly compensation, and unit costs, quarterly data seasonally adjusted (1977 = 100) Quarterly Indexes Item 1985 IV 1986 I II 1987 III IV I II 1988 III IV I II Business: Output per hour of all persons............................. Compensation per hour........................................ Real compensation per h o u r................................ Unit labor costs .................................................... Unit nonlabor payments ....................................... Implicit price deflator............................................ 108.5 178.8 99.4 164.8 161.6 163.7 110.5 180.4 100.0 163.3 164.5 163.7 110.4 182.0 101.2 164.9 165.2 165.0 110.0 184.0 101.7 167.3 166.6 167.0 109.8 186.2 102.2 169.6 163.7 167.5 109.9 187.3 101.5 170.5 165.6 168.7 110.6 189.0 101.2 170.8 168.7 170.1 111.7 191.1 101.4 171.1 171.5 171.2 111.8 194.0 102.0 173.5 168.9 171.9 112.8 195.8 102.1 173.5 170.0 172.3 112.2 198.0 102.0 176.5 169.2 173.9 Nonfarm business: Output per hour of all persons............................. Compensation per hour........................................ Real compensation per h o u r................................ Unit labor costs .................................................... Unit nonlabor payments ....................................... Implicit price deflator ............................................ 106.5 177.9 99.0 167.1 162.7 165.5 108.6 179.8 99.6 165.5 166.1 165.7 108.4 181.2 100.7 167.1 166.6 167.0 108.0 183.1 101.2 169.5 168.1 169.0 107.8 185.4 101.8 172.1 164.9 169.5 107.8 186.4 101.0 172.9 167.2 170.9 108.6 187.9 100.6 173.0 169.8 171.9 109.6 190.0 100.8 173.3 173.0 173.2 109.9 192.9 101.4 175.6 170.9 174.0 110.8 194.6 101.5 175.7 171.6 174.2 110.3 196.6 101.3 178.2 171.4 175.8 Nonfinancial corporations: Output per hour of all employees........................ Compensation per hour........................................ Real compensation per h o u r................................ Total unit co sts..................................................... Unit labor costs .................................................. Unit nonlabor co sts............................................ Unit profits............................................................. Unit nonlabor payments ....................................... Implicit price deflator ............................................ 108.0 175.3 97.5 165.8 162.3 176.3 132.4 160.9 161.8 109.5 177.1 98.1 165.5 161.7 176.7 133.7 161.7 161.7 109.3 178.5 99.2 166.7 163.3 176.9 132.7 161.4 162.6 109.6 180.2 99.6 168.4 164.3 180.3 133.6 164.0 164.2 110.3 182.2 100.1 168.8 165.1 179.6 129.7 162.1 164.1 110.1 182.9 99.1 169.9 166.2 180.8 128.5 162.5 164.9 110.9 184.3 98.7 170.3 166.1 182.6 129.8 164.1 165.4 112.2 186.1 98.7 170.2 165.9 183.0 136.4 166.6 166.1 112.2 188.5 99.1 172.0 168.1 183.6 128.3 164.2 166.7 113.3 189.9 99.0 171.5 167.5 183.4 132.5 165.6 166.9 Manufacturing: Output per hour of all persons............................. Compensation per hour........................................ Real compensation per h o u r................................ Unit labor costs .................................................... 125.3 179.4 99.8 143.2 126.6 181.1 100.3 143.0 127.2 182.0 101.2 143.2 128.0 183.6 101.5 143.4 128.8 185.3 101.7 143.8 130.0 185.9 100.8 143.1 131.7 186.3 99.7 141.4 132.8 187.2 99.3 141.0 133.2 134.3 188.2 ' 190.7 99.0 99.4 141.3 142.1 _ _ _ _ _ _ _ _ - 135.4 192.1 99.0 141.9 - Data not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 93 M ONTHLY LABOR REVIEW October 1988 • Current Labor Statistics: Price and Productivity Data 43. Annual indexes of multifactor productivity and related measures, selected years (1977 = 100) Item 1960 1970 1973 1976 1978 1980 1981 1982 1983 1984 1985 1986 Private business Productivity: Output per hour of all persons .......................... Output per unit of capital services..................... Multifactor productivity....................................... O utput.................................................................... Inputs: Hours of all persons........................................... Capital services .................................................. Combined units of labor and capital inp u t........ Capital per hour of all persons............................. 67.3 102.1 78.1 55.3 88.4 101.9 92.9 80.2 95.9 105.3 99.1 93.0 98.4 97.2 98.0 94.5 100.8 102.0 101.2 105.8 99.2 94.2 97.4 106.6 100.6 92.4 97.7 108.9 100.3 86.7 95.3 105.4 103.1 88.4 97.7 109.9 105.7 92.8 101.0 119.2 107.6 92.8 102.2 124.0 109.7 92.8 103.4 128.1 82.2 54.2 70.8 65.9 90.8 78.7 86.3 86.7 96.9 88.3 93.8 91.1 96.1 97.2 96.5 101.2 105.0 103.8 104.5 98.8 107.5 113.1 109.4 105.3 108.2 117.8 111.5 108.8 105.2 121.7 110.7 115.7 106.7 124.4 112.6 116.6 112.8 128.5 118.1 113.9 115.2 133.6 121.3 116.0 116.8 138.0 123.8 118.2 70.7 103.6 80.9 54.4 89.2 102.8 93.7 79.9 96.4 106.0 99.6 92.9 98.5 97.3 98.1 94.4 100.8 101.9 101.2 106.0 98.7 93.4 96.9 106.6 99.6 91.1 96.7 108.4 99.1 85.1 94.1 104.8 102.5 87.3 97.0 110.1 104.7 91.3 99.9 119.3 105.9 90.8 100.5 123.7 107.6 90.5 101.4 127.6 77.0 52.5 67.3 68.2 89.6 77.8 85.3 86.8 96.3 87.6 93.3 91.0 95.8 97.0 96.2 101.3 105.1 104.0 104.7 98.9 108.0 114.1 110.0 105.6 108.8 119.0 112.2 109.4 105.7 123.2 111.4 116.5 107.4 126.1 113.5 117.4 114.0 130.6 119.4 114.6 116.8 136.3 123.1 116.7 118.5 141.0 125.8 119.0 62.2 102.5 71.9 52.5 80.8 98.6 85.2 78.6 93.4 111.4 97.9 96.3 97.1 96.2 96.8 93.1 101.5 102.1 101.7 106.0 101.4 91.2 98.7 103.2 103.6 89.2 99.8 104.8 105.9 81.8 99.2 98.4 112.0 86.9 105.1 104.7 118.1 95.7 112.2 117.5 124.2 97.8 117.0 122.5 128.8 99.3 120.6 125.9 84.4 51.2 73.0 60.7 97.3 79.7 92.2 82.0 103.1 86.4 98.4 83.8 95.9 96.7 96.1 100.9 104.4 103.7 104.2 99.4 101.7 113.1 104.5 111.2 101.1 117.5 105.0 116.2 92.9 120.3 99.2 129.4 93.5 120.6 99.7 129.0 99.5 122.8 104.7 123.5 98.7 125.3 104.8 127.0 97.8 126.8 104.4 129.7 Private nonfarm business Productivity: Output per hour of all persons.......................... Output per unit of capital services..................... Multifactor productivity....................................... O utput................................................................... Inputs: Hours of all persons........................................... Capital services .................................................. Combined units of labor and capital inp u t........ Capital per hour of all persons............................. Manufacturing Productivity: Output per hour of all persons .......................... Output per unit of capital services..................... Multifactor productivity....................................... O utput................................................................... Inputs: Hours of all persons........................................... Capital services .................................................. Combined units of labor and capital inputs...... Capital per hour of all persons............................. 94 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 44. Annual indexes of productivity, hourly compensation, unit costs, and prices, selected years (1977 = 100) Item 1960 1970 1973 1976 1978 1980 1981 1982 1983 1984 1985 1986 1987 67.6 33.6 68.9 49.7 46.4 48.5 88.4 57.8 90.3 65.4 59.4 63.2 95.9 70.9 96.8 73.9 72.5 73.4 98.3 92.8 98.8 94.3 93.3 94.0 100.8 108.5 100.9 107.6 106.7 107.3 99.3 131.5 96.7 132.5 118.7 127.6 100.7 143.7 95.8 142.7 134.6 139.8 100.3 154.9 97.3 154.5 136.6 148.1 103.0 161.4 98.2 156.7 146.4 153.0 105.5 167.9 97.9 159.1 156.5 158.2 107.7 175.5 98.8 162.9 160.9 162.2 110.1 183.1 101.2 166.3 165.0 165.8 111.0 190.4 101.5 171.5 168.7 170.5 71.0 35.3 72.3 49.7 46.3 48.5 89.3 58.2 90.9 65.2 60.0 63.4 96.4 71.2 97.2 73.9 69.3 72.3 98.5 92.8 98.9 94.3 93.0 93.8 100.8 108.6 100.9 107.7 105.6 107.0 98.8 131.3 96.6 132.9 118.5 127.8 99.8 143.6 95.8 144.0 133.5 140.3 99.2 154.8 97.2 156.0 136.5 149.2 102.5 161.5 98.3 157.6 148.3 154.3 104.6 167.8 97.9 160.4 156.3 159.0 106.1 174.9 98.5 164.9 161.9 163.8 108.2 182.3 100.8 168.6 166.4 167.8 109.0 189.4 101.0 173.8 170.2 172.5 73.4 36.9 75.5 49.4 50.2 47.0 59.8 51.5 50.7 91.1 59.2 92.5 64.8 65.0 64.2 52.3 60.1 63.3 97.5 71.6 97.7 72.7 73.4 70.7 65.6 68.9 71.9 98.4 92.9 98.9 94.8 94.3 96.2 89.4 93.8 94.2 100.6 108.4 100.8 107.3 107.8 105.7 102.0 104.4 106.6 99.1 131.1 96.4 133.4 132.3 136.7 85.2 118.6 127.6 99.6 143.3 95.5 147.7 143.8 159.1 98.1 137.8 141.7 100.4 154.3 96.9 159.5 153.8 176.4 78.5 142.1 149.8 103.5 159.9 97.3 159.5 154.5 174.3 110.9 152.1 153.7 106.0 165.8 96.7 160.8 156.5 173.6 136.5 160.6 157.9 107.7 172.5 97.1 164.1 160.2 175.8 133.0 160.8 160.4 109.7 179.5 99.2 167.3 163.6 178.4 132.4 162.3 163.2 111.3 185.5 98.9 170.6 166.6 182.5 130.8 164.4 165.8 62.2 36.5 74.8 58.7 60.0 59.1 80.8 57.4 89.6 71.0 64.1 69.0 93.4 68.8 93.9 73.7 70.7 72.8 97.1 92.1 98.1 94.9 93.5 94.5 101.5 108.2 100.6 106.6 101.9 105.2 101.4 132.4 97.4 130.6 97.8 121.0 103.6 145.2 96.8 140.1 111.8 131.8 105.9 157.5 98.9 148.7 114.0 138.6 112.0 162.4 98.8 145.0 128.5 140.2 118.1 168.0 98.0 142.2 138.6 141.2 123.6 176.4 99.3 142.7 130.4 139.1 127.7 183.0 101.2 143.3 136.3 141.3 132.0 186.3 99.7 141.7 139.2 141.0 Business: Output per hour of all persons............................. Compensation per h our........................................ Real compensation per h o u r................................ Unit labor costs .................................................... Unit nonlabor payments ....................................... Implicit price deflator ............................................ Nonfarm business: Output per hour of all persons............................. Compensation per hour........................................ Real compensation per h o u r................................ Unit labor costs .................................................... Unit nonlabor payments ....................................... Implicit price deflator ............................................ Nonfinancial corporations: Output per hour of all employees........................ Compensation per hour........................................ Real compensation per h o u r................................ Total unit costs..................................................... Unit labor costs .................................................. Unit nonlabor co sts ............................................ Unit profits............................................................. Unit nonlabor payments ....................................... Implicit price deflator ............................................ Manufacturing: Output per hour of all persons............................. Compensation per h our........................................ Real compensation per h o u r................................ Unit labor costs .................................................... Unit nonlabor payments ....................................... Implicit price deflator ............................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M ONTHLY LABOR REVIEW October 1988 • Current Labor Statistics: International Comparisons Data 45. Unemployment rates, approximating U.S. concepts, in nine countries, quarterly data seasonally adjusted Annual average 1986 1987 1988 Country 1986 1987 IV I II III IV I II Total labor force basis United States.................................... Canada .............................................. Australia ............................................ Japan ................................................. 6.9 9.5 8.0 2.8 6.1 8.8 8.1 2.9 6.8 9.4 8.3 2.8 6.5 9.6 8.2 3.0 6.2 9.0 8.1 3.1 5.9 8.8 8.0 2.8 5.8 8.2 7.9 2.7 5.6 7.8 7.5 2.7 _ France ............................................... Germany.............. .............................. Italy \ 2 .............................................. Sweden3 ............................................ United Kingdom................................. 10.4 6.8 7.4 2.6 11.5 10.6 6.8 7.7 1.9 10.2 10.5 6.7 7.7 2.6 11.1 10.7 6.7 7.4 2.0 10.9 10.7 6.8 7.6 1.9 10.5 10.6 6.8 7.9 1.9 10.0 10.4 6.8 7.9 1.7 9.4 10.4 6.8 7.9 1.7 9.0 _ United States.................................... Canada .............................................. Australia ............................................ Japan ................................................. 7.0 9.6 8.1 2.8 6.2 8.9 8.1 2.9 6.8 9.4 8.4 2.8 6.6 9.6 8.3 3.0 6.3 9.1 8.2 3.1 6.0 8.8 8.0 2.8 5.9 8.2 8.0 2.7 5.7 7.9 7.6 2.7 _ France ............................................... Germany............................................ Italy1, 2 ............................................... Sweden3 ............................................ United Kingdom................................. 10.6 7.0 7.5 2.6 11.2 10.9 6.9 7.9 1.9 10.3 10.8 6.8 7.8 2.6 11.2 10.9 6.8 7.6 2.0 11.0 10.9 6.9 7.8 1.9 10.6 10.8 7.0 8.1 1.9 10.0 10.6 7.0 8.0 1.7 9.5 10.6 6.9 8.0 1.7 9.0 5.4 7.6 6.9 1.6 8.6 Civilian labor force basis 1 Quarterly rates are for the first month of the quarter. 2 Many Italians reported as unemployed did not actively seek work in the past 30 days, and they have been ex cluded for comparability with U.S. concepts. Inclusion of such persons would about double the Italian unemployment rate In 1985 and earlier years and increase it to 11-12 per cent for 1986 onward. 3 Break in series beginning in 1987. The 1986 rate based 1 96 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5.5 7.7 7.0 _ 1.6 8.6 on the new series was 2.2 percent. - Data not available. NOTE: Quarterly figures for France, Germany, and the United Kingdom are calculated by applying annual adjust ment factors to current published data and therefore should be viewed as less precise indicators of unemployment under U.S. concepts than the annual figures. 46. Annual data: Employment status of the civilian working-age population, approximating U.S. concepts, 10 countries (Numbers in thousands) Employment status and country 1978 1979 1980 102,251 10,895 6,443 54,610 22,460 26,000 20,570 5,010 4,203 26,260 104,962 11,231 6,519 55,210 22,660 26,250 20,850 5,100 4,262 26,350 106,940 11,573 6,693 55,740 22,800 26,520 21,120 5,310 4,312 26,520 63.2 62.7 61.9 62.8 57.5 53.3 47.8 48.8 66.1 62.8 63.7 63.4 61.6 62.7 57.5 53.3 48.0 49.0 66.6 62.6 96,048 9,987 6,038 53,370 21,260 25,130 19,720 4,750 4,109 24,610 1981 1982 1983 1984 1985 1986 1987 108,670 11,904 6,810 56,320 22,950 26,650 21,320 5,520 4,327 26,590 110,204 11,958 6,910 56,980 23,160 26,700 21,410 5,570 4,350 26,740 111,550 12,183 6,997 58,110 23,140 26,650 21,590 5,600 4,369 26,790 113,544 12,399 7,133 58,480 23,300 26,760 21,670 5,620 4,385 27,180 115,461 12,639 7,272 58,820 23,360 26,960 21,800 5,710 4,418 27,370 117,834 12,870 7,562 59,410 23,450 27,100 22,280 5,760 4,443 27,540 119,865 13,121 7,736 60,050 23,520 27,260 22,340 5,780 4,480 27,760 63.8 64.1 62.1 62.6 57.2 53.2 48.2 50.2 66.9 62.5 63.9 64.8 61.9 62.6 57.1 52.9 48.3 51.4 66.8 62.2 64.0 64.1 61.7 62.7 57.1 52.6 47.7 51.2 66.8 62.3 64.0 64.4 61.4 63.1 56.6 52.3 47.5 50.9 66.7 62.1 64.4 64.8 61.5 62.7 56.6 52.4 47.3 50.5 66.6 62.6 64.8 65.2 61.8 62.3 56.3 52.6 47.2 50.7 66.9 62.7 65.3 65.7 63.0 62.1 56.1 52.8 48.2 50.8 67.1 62.7 65.6 66.2 63.0 61.9 55.8 53.1 48.2 50.5 67.4 63.0 98,824 10,395 6,111 54,040 21,300 25,470 19,930 4,830 4,174 24,940 99,303 10,708 6,284 54,600 21,330 25,750 20,200 4,980 4,226 24,670 100,397 11,006 6,416 55,060 21,200 25,560 20,280 5,010 4,219 23,800 99,526 10,644 6,415 55,620 21,240 25,140 20,250 4,980 4,213 23,710 100,834 10,734 6,300 56,550 21,170 24,750 20,320 4,890 4,218 23,600 105,005 11,000 6,490 56,870 20,980 24,790 20,390 4,930 4,249 24,000 107,150 11,311 6,670 57,260 20,890 24,950 20,490 5,110 4,293 24,310 109,597 11,634 6,952 57,750 20,960 25,210 20,610 5,200 4,326 24,450 112,440 11,955 7,107 58,320 20,970 25,370 20,590 5,240 4,396 24,910 59.3 57.5 58.0 61.3 54.4 51.5 45.9 46.3 64.6 58.8 59.9 58.7 57.8 61.4 54.0 51.7 45.9 46.4 65.3 59.2 59.2 59.3 58.3 61.3 53.5 51.7 46.1 47.0 65.6 58.1 59.0 59.9 58.4 61.2 52.8 50.8 45.9 46.6 65.1 55.7 57.8 57.0 57.3 61.2 52.3 49.6 45.2 45.8 64.7 55.3 57.9 56.7 55.3 61.4 51.8 48.6 44.7 44.5 64.4 54.7 59.5 57.4 56.0 61.0 51.0 48.5 44.5 44.3 64.5 55.3 60.1 58.4 56.6 60.6 50.4 48.7 44.4 45.4 65.0 55.7 60.7 59.4 57.9 60.4 50.2 49.1 44.6 45.8 65.4 55.7 61.5 60.3 57.9 60.1 49.7 49.4 44.4 45.8 66.2 56.6 6,202 908 405 1,240 1,200 870 850 260 94 1,650 6,137 836 408 1,170 1,360 780 920 270 88 1,420 7,637 865 409 1,140 1,470 770 920 330 86 1,850 8,273 898 394 1,260 1,750 1,090 1,040 510 108 2,790 10,678 1,314 495 1,360 1,920 1,560 1,160 590 137 3,030 10,717 1,448 697 1,560 1,970 1,990 1,270 710 151 3,190 8,539 1,399 642 1,610 2,320 1,970 1,280 690 136 3,180 8,312 1,328 602 1,560 2,440 2,010 1,310 600 125 3,060 8,237 1,236 610 1,670 2,490 1,890 1,680 560 117 3,090 7,425 1,167 629 1,730 2,550 1,890 1,760 540 84 2,850 6.1 8.3 6.3 2.3 5.3 3.3 4.1 5.2 2.2 6.3 5.8 7.4 6.3 2.1 6.0 3.0 4.4 5.3 2.1 5.4 7.1 7.5 6.1 2.0 6.4 2.9 4.4 6.2 2.0 7.0 7.6 7.5 5.8 2.2 7.6 4.1 4.9 9.2 2.5 10.5 9.7 11.0 7.2 2.4 8.3 5.8 5.4 10.6 3.1 11.3 9.6 11.9 10.0 2.7 8.5 7.1 5.9 12.7 3.5 11.9 7.5 11.3 9.0 2.8 10.0 7.4 5.9 12.3 3.1 11.7 7.2 10.5 8.3 2.6 10.4 7.5 6.0 10.5 2.8 11.2 7.0 9.6 8.1 2.8 10.6 7.0 7.5 9.7 2.6 11.2 6.2 8.9 8.1 2.9 10.9 6.9 7.9 9.3 1.9 10.3 Labor force United S tates........................................................ Canada .................................................................. Australia................................................................. Japan .................................................................... France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden.................................................................. United Kingdom.................................................... Participation rate' United S tates........................................................ Canada .................................................................. Australia................................................................. Japan .................................................................... France.................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden.................................................................. United Kingdom.................................................... Employed United States ........................................................ Canada ................................................................. Australia................................................................. Japan .................................................................... France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden................................................................. United Kingdom.................................................... Employment-population ratio2 United States ........................................................ Canada ................................................................. Australia................................................................ Japan .................................................................... France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden................................................................. United Kingdom.................................................... Unemployed United S tates........................................................ Canada .................................................................. Australia................................................................. Japan .................................................................... France................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden.................................................................. United Kingdom.................................................... Unemployment rate United S tates........................................................ Canada ................................................................. Australia................................................................. Japan .................................................................... France................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden................................................................. United Kingdom.................................................... 1 Labor force as a percent of the civilian working-age population. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 Employment as a percent of the civilian working-age population. M ONTHLY LABOR REVIEW 47. October 1988 • Current Labor Statistics: International Comparisons Data Annual indexes of manufacturing productivity and related measures, 12 countries (1977=100) Item and country 1960 1970 1973 1975 1976 1977 1979 1980 1981 1982 1983 1984 1985 1986 1987 62.2 50.7 23.2 33.0 37.2 36.6 40.3 35.4 32.4 54.6 42.3 55.9 80.8 75.6 64.8 60.4 65.6 70.0 71.2 72.7 64.3 81.7 80.7 80.4 93.4 90.3 83.1 78.8 83.3 82.7 84.0 90.9 81.5 94.6 94.8 95.5 92.9 88.6 87.7 86.5 94.6 89.0 90.1 91.1 86.2 96.8 100.2 94.9 97.1 94.8 94.3 95.3 98.2 95.6 96.4 98.9 95.8 99.7 101.7 99.1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 101.4 102.0 114.8 111.9 106.5 109.7 108.2 110.5 112.3 107.1 110.9 102.5 101.4 98.2 122.7 119.2 112.3 110.6 108.6 116.9 113.9 106.7 112.7 101.9 103.6 102.9 127.2 127.6 114.2 114.0 111.0 124.8 116.9 107.0 113.2 107.0 105.9 98.3 135.0 135.2 114.6 122.0 112.6 129.6 119.4 109.8 116.5 113.5 112.0 105.4 142.3 148.2 120.2 125.1 119.2 138.6 127.5 117.2 125.5 123.2 118.1 116.8 152.5 154.4 118.6 129.3 123.7 147.8 140.5 123.9 131.0 130.0 124.2 119.7 161.1 159.0 118.3 133.3 128.5 151.9 145.1 125.2 136.1 134.7 128.8 119.4 163.8 165.4 118.5 136.2 130.7 153.1 144.7 124.8 136.4 138.5 132.4 121.5 170.5 52.5 41.3 19.2 41.9 49.2 35.4 50.0 36.4 44.8 55.1 52.6 71.2 78.6 73.5 69.9 78.6 82.0 73.3 86.6 78.0 84.4 86.9 92.5 95.0 96.3 93.5 91.9 96.4 95.9 88.6 96.1 90.5 95.8 99.5 100.3 104.8 84.9 89.9 86.2 92.7 95.0 90.0 91.0 86.9 92.7 101.0 106.1 96.3 93.1 96.5 94.8 99.7 99.6 96.1 98.0 97.9 99.0 101.4 106.1 98.2 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 108.1 108.5 113.9 104.1 105.4 105.3 106.6 108.6 106.1 100.3 103.6 100.5 103.2 103.6 124.1 106.8 110.1 104.6 106.6 115.4 106.6 98.8 104.0 91.7 104.8 107.4 129.8 105.7 106.6 102.9 104.9 115.1 106.7 97.7 100.6 86.2 98.4 93.6 137.3 110.1 108.3 104.0 102.4 113.4 105.0 97.4 100.1 86.4 104.7 99.6 148.2 114.8 115.6 103.8 103.6 114.3 107.0 97.2 105.2 88.9 117.5 114.9 165.4 117.5 119.7 104.0 106.4 119.0 113.3 102.6 111.5 92.6 122.5 121.2 177.0 119.9 123.4 103.3 110.1 121.8 116.0 105.2 115.3 95.2 125.9 123.9 178.0 122.0 126.7 103.0 112.8 125.8 117.3 107.0 115.2 95.5 84.4 81.4 82.7 127.1 132.4 96.7 123.8 102.8 138.4 101.0 124.4 127.3 97.3 97.2 107.9 130.2 125.1 104.7 121.7 107.4 131.2 106.4 114.6 118.1 103.1 103.6 110.7 122.3 115.2 107.1 114.4 99.6 117.6 105.1 105.7 109.8 91.4 101.5 98.2 107.1 100.4 101.1 101.0 95.4 107.6 104.3 105.9 101.5 95.9 101.8 100.6 104.6 101.4 100.6 101.6 99.0 103.3 101.7 104.3 99.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 106.5 106.3 99.3 93.0 99.0 95.9 98.5 98.2 94.4 93.6 93.4 98.0 101.7 105.5 101.2 89.6 98.0 94.6 98.1 98.7 93.6 92.6 92.3 90.1 101.1 104.3 102.0 82.8 93.4 90.3 94.6 92.2 91.2 91.3 88.9 80.6 92.9 95.2 101.7 81.4 94.5 85.2 91.0 87.5 88.0 88.6 85.9 76.2 93.5 94.5 104.2 77.5 96.2 83.0 86.9 82.5 83.9 82.9 83.9 72.2 99.5 98.3 108.5 76.1 100.9 80.4 86.1 80.5 80.6 82.8 85.1 71.2 98.7 101.2 109.8 75.4 104.3 77.5 85.7 80.2 79.9 84.0 84.7 70.7 97.8 103.8 108.7 73.8 106.9 75.6 86.3 82.2 81.1 85.7 84.5 69.0 36.5 27.5 8.9 13.8 12.6 15.2 18.8 8.4 12.5 15.8 14.7 15.2 57.4 47.9 33.9 34.9 36.3 36.7 48.0 26.1 39.0 37.9 38.5 31.4 68.8 60.0 55.1 53.5 56.1 52.4 67.5 43.7 60.5 54.5 54.2 47.9 85.1 78.9 84.2 79.0 81.0 77.0 84.5 70.2 82.2 77.2 77.3 76.4 92.1 90.3 90.7 89.5 90.4 89.2 91.2 84.2 91.9 88.8 91.5 88.4 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 118.6 118.6 113.4 117.5 123.1 128.4 116.1 134.7 117.0 116.0 120.1 139.0 132.4 131.3 120.7 130.4 135.9 148.5 125.6 160.2 123.6 128.0 133.6 168.7 145.2 151.1 129.8 144.5 149.7 172.0 134.5 198.4 129.1 142.8 148.1 193.3 157.5 167.0 136.6 150.7 162.9 203.9 141.0 238.3 137.5 156.0 158.9 211.7 162.4 177.2 140.7 159.7 174.2 225.2 148.3 282.9 144.0 173.5 173.3 226.6 168.0 185.5 144.9 173.0 184.4 247.2 155.5 316.5 150.0 188.3 189.7 242.3 176.9 194.7 151.4 184.5 196.1 267.2 164.7 348.6 157.7 204.8 212.4 258.6 182.7 202.3 158.8 191.9 205.3 279.8 172.1 360.0 161.5 225.3 228.1 278.5 58.7 54.2 38.4 41.7 33.8 41.5 46.6 23.7 38.5 29.0 34.8 27.2 71.0 63.4 52.3 57.8 55.4 52.5 67.4 36.0 60.7 46.4 47.7 39.1 73.7 66.5 66.4 67.9 67.4 63.4 80.3 48.1 74.3 57.6 57.2 50.2 91.7 89.1 96.0 91.2 85.6 86.5 93.8 77.1 95.4 79.7 77.1 80.5 94.9 95.3 96.2 93.9 92.1 93.3 94.6 85.1 96.0 89.1 90.0 89.2 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 117.0 116.2 98.8 105.0 115.7 117.0 107.3 121.9 104.1 108.2 108.3 135.6 130.6 133.7 98.4 109.4 121.0 134.3 115.7 137.0 108.5 120.0 118.6 165.6 140.1 146.7 102.0 113.2 131.1 151.0 121.2 158.9 110.4 133.4 130.9 180.6 148.7 170.0 101.2 111.4 142.2 167.2 125.2 184.0 115.2 142.1 136.3 186.6 145.0 168.1 98.9 107.8 144.9 179.9 124.4 204.1 113.0 148.0 138.1 183.9 142.2 158.8 95.0 112.1 155.4 191.2 125.8 214.1 106.8 152.0 144.8 186.4 142.4 162.6 94.0 116.0 165.7 200.4 128.2 229.5 108.7 163.5 156.1 192.0 141.8 169.4 97.0 116.0 173.2 205.4 131.7 235.1 111.6 180.5 167.3 201.1 58.7 59.4 28.5 30.0 29.5 41.6 25.9 33.7 25.1 21.7 30.1 43.7 71.0 64.5 39.1 41.7 44.4 46.7 42.9 50.6 41.2 34.5 41.1 53.7 73.7 70.6 65.6 62.7 67.2 70.2 70.4 73.1 65.6 53.4 58.7 70.5 91.7 93.1 86.7 89.1 89.6 99.3 88.7 104.3 92.8 81.4 83.2 102.5 94.9 102.7 86.9 87.2 91.5 96.1 87.3 90.5 89.1 86.9 92.3 92.2 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 117.0 105.4 121.3 128.3 132.0 135.2 135.9 129.5 127.4 113.8 112.9 165.0 130.6 121.5 116.8 134.3 129.0 156.4 147.9 141.4 134.1 129.3 125.3 220.7 140.1 130.0 123.8 109.6 110.3 136.4 124.9 123.2 108.9 123.6 115.4 209.5 148.7 146.3 108.8 87.2 102.3 124.9 119.7 119.9 105.8 117.1 96.9 186.9 145.0 144.9 111.5 75.5 95.1 116.1 113.1 118.6 97.1 107.9 80.4 159.8 142.2 130.3 107.2 69.5 90.1 107.6 102.6 107.6 81.6 99.1 78.2 142.8 142.4 126.5 105.6 70.1 93.9 109.7 101.1 106.1 80.4 101.3 81.1 142.7 141.8 129.5 154.2 93.1 128.5 145.8 140.8 139.2 111.9 129.8 104.9 169.2 Output per hour United S tates........................................................ Canada .................................................................. Japan .................................................................... Belgium................................................................. Denmark................................................................ France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Norway.................................................................. Sweden ................................................................. United Kingdom.................................................... - 121.0 141.2 132.4 158.9 _ 134.4 139.9 148.1 Output United S tates........................................................ Canada .................................................................. Japan .................................................................... Belgium................................................................. Denmark................................................................ France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Norway.................................................................. Sweden................................................................. United Kingdom.................................................... 130.7 129.9 184.1 - 124.3 104.1 113.5 131.2 _ 108.9 118.8 100.7 Total hours United S tates........................................................ Canada ................................................................. Japan .................................................................... Belgium................................................................. Denmark............................................................... France ................................................................... Germany............................................................... Italy........................................................................ Netherlands........................................................... Norway.................................................................. Sweden................................................................. United Kingdom.................................................... 98.7 106.9 108.0 - 102.7 73.7 85.7 82.6 - 81.0 84.9 68.0 Compensation per hour United S tates........................................................ Canada ................................................................. Japan .................................................................... Belgium................................................................. Denmark............................................................... France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Norway.................................................................. Sweden................................................................. United Kingdom.................................................... 185.1 211.4 161.1 - 225.9 289.3 179.1 383.2 - 263.1 243.8 301.3 Unit labor costs: National currency basis United S tates........................................................ Canada ................................................................. Japan .................................................................... Belgium................................................................. Denmark ............................................................... France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Norway.................................................................. Sweden................................................................. Un>ted Kingdom.................................................... 139.7 174.0 94.5 - 186.6 204.9 135.2 241.2 - 195.7 174.3 203.4 Unit labor costs: U.S. dollar basis United States ........................................................ Canada ................................................................. Japan .................................................................... Belgium................................................................. Denmark................................................................ France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Norway.................................................................. Sweden................................................................. United Kingdom.................................................... - Data not available. 98 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 139.7 139.4 175.0 - 163.6 167.5 174.5 164.2 - 154.5 122.7 191.2 48. Occupational injury and illness incidence rates by industry, United States Incidence rates per 100 full-time workers2 1978 1979 1980 1981 1982 1983 1984 1985 1986 PRIVATE SECTOR3 Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ 9.4 4.1 63.5 9.5 4.3 67.7 8.7 4.0 65.2 8.3 3.8 61.7 7.7 3.5 58.7 7.6 3.4 58.5 8.0 3.7 63.4 7.9 3.6 64.9 7.9 3.6 65.8 11.6 5.4 80.7 11.7 5.7 83.7 11.9 5.8 82.7 12.3 5.9 82.8 11.8 5.9 86.0 11.9 6.1 90.8 12.0 6.1 90.7 11.4 5.7 91.3 11.2 5.6 93.6 11.5 6.4 143.2 11.4 6.8 150.5 11.2 6.5 163.6 11.6 6.2 146.4 10.5 5.4 137.3 8.4 4.5 125.1 9.7 5.3 160.2 8.4 4.8 145.3 7.4 4.1 125.9 16.0 6.4 109.4 16.2 6.8 120.4 15.7 6.5 117.0 15.1 6.3 113.1 14.6 6.0 115.7 14.8 6.3 118.2 15.5 6.9 128.1 15.2 6.8 128.9 15.2 6.9 134.5 15.9 6.3 105.3 16.3 6.8 111.2 15.5 6.5 113.0 15.1 6.1 107.1 14.1 5.9 112.0 14.4 6.2 113.0 15.4 6.9 121.3 15.2 6.8 120.4 14.9 6.6 122.7 16.6 6.2 110.9 16.6 6.7 123.1 16.3 6.3 117.6 14.9 6.0 106.0 15.1 5.8 113.1 15.4 6.2 122.4 14.9 6.4 131.7 14.5 6.3 127.3 14.7 6.3 132.9 15.8 6.6 111.0 16.0 6.9 124.3 15.5 6.7 118.9 15.2 6.6 119.3 14.7 6.2 118.6 14.8 6.4 119.0 15.8 7.1 130.1 15.4 7.0 133.3 15.6 7.2 140.4 13.2 5.6 84.9 13.3 5.9 90.2 12.2 5.4 86.7 11.5 5.1 82.0 10.2 4.4 75.0 10.0 4.3 73.5 10.6 4.7 77.9 10.4 4.6 80.2 10.6 4.7 85.2 22.6 11.1 178.8 20.7 10.8 175.9 18.6 9.5 171.8 17.6 9.0 158.4 16.9 8.3 153.3 18.3 9.2 163.5 19.6 9.9 172.0 18.5 9.3 171.4 18.9 9.7 177.2 17.5 6.9 95.9 17.6 7.1 99.6 16.0 6.6 97.6 15.1 6.2 91.9 13.9 5.5 85.6 14.1 5.7 83.0 15.3 6.4 101.5 15.0 6.3 100.4 15.2 6.3 103.0 16.8 7.8 126.3 16.8 8.0 133.7 15.0 7.1 128.1 14.1 6.9 122.2 13.0 6.1 112.2 13.1 6.0 112.0 13.6 6.6 120.8 13.9 6.7 127.8 13.6 6.5 126.0 17.0 7.5 123.6 17.3 8.1 134.7 15.2 7.1 128.3 14.4 6.7 121.3 12.4 5.4 101.6 12.4 5.4 103.4 13.3 6.1 115.3 12.6 5.7 113.8 13.6 6.1 125.5 19.3 8.0 112.4 19.9 8.7 124.2 18.5 8.0 118.4 17.5 7.5 109.9 15.3 6.4 102.5 15.1 6.1 96.5 16.1 6.7 104.9 16.3 6.9 110.1 16.0 6.8 115.5 14.4 5.4 75.1 14.7 5.9 83.6 13.7 5.5 81.3 12.9 5.1 74.9 10.7 4.2 66.0 9.8 3.6 58.1 10.7 4.1 65.8 10.8 4.2 69.3 10.7 4.2 72.0 8.7 3.3 50.3 8.6 3.4 51.9 8.0 3.3 51.8 7.4 3.1 48.4 6.5 2.7 42.2 6.3 2.6 41.4 6.8 2.8 45.0 6.4 2.7 45.7 6.4 2.7 49.8 11.5 5.1 78.0 11.6 5.5 85.9 10.6 4.9 82.4 9.8 4.6 78.1 9.2 4.0 72.2 8.4 3.6 64.5 9.3 4.2 68.8 9.0 3.9 71.6 9.6 4.1 79.1 6.9 2.6 37.0 7.2 2.8 40.0 6.8 2.7 41.8 6.5 2.7 39.2 5.6 2.3 37.0 5.2 2.1 35.6 5.4 2.2 37.5 5.2 2.2 37.9 5.3 2.3 42.2 11.8 4.5 66.4 11.7 4.7 67.7 10.9 4.4 67.9 10.7 4.4 68.3 9.9 4.1 69.9 9.9 4.0 66.3 10.5 4.3 70.2 9.7 4.2 73.2 10.2 4.3 70.9 Agriculture, forestry, and fishing3 Total cases................................................................................................ Lost workday cases .................................................................................. Lost workdays............................................................................................ Mining Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Construction Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ General building contractors: Total cases................................................................................................ Lost workday cases .................................................................................. Lost workdays............................................................................................ Heavy construction contractors: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Special trade contractors: Total cases................................................................................................ Lost workday cases .................................................................................. Lost workdays............................................................................................ Manufacturing Total cases................................................................................................ Lost workday cases .................................................................................. Lost workdays............................................................................................ Durable goods Lumber and wood products. Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Furniture and fixtures: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Stone, clay, and glass products: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Primary metal industries: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Fabricated metal products: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Machinery, except electrical: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Electric and electronic equipment: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Transportation equipment: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Instruments and related products: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays........................................................................................... Miscellaneous manufacturing industries: Total cases.............. .................................................................................. Lost workday cases.................................................................................. Lost workdays............................................................................................ See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis M ONTHLY LABOR REVIEW October 1988 • Current Labor Statistics: Injury and Illness Data 48. Continued— Occupational injury and illness incidence rates by industry, United States Incidence rates per 100 full-time workers2 Industry and type of case1 1981 Nondurable goods Food and kindred products: Total cases.............. ,...................................... Lost workday cases ....................................... Lost workdays................................................. Tobacco manufacturing: Total cases..................................................... Lost workday ca ses....................................... Lost workdays................................................. Textile mill products: Total cases..................................................... Lost workday ca ses....................................... Lost workdays................................................. Apparel and other textile products: Total cases..................................................... Lost workday cases....................................... Lost workdays................................................. Paper and allied products: Total cases..................................................... Lost workday cases ....................................... Lost workdays................................................. Printing and publishing: Total cases..................................................... Lost workday ca ses....................................... Lost workdays................................................. Chemicals and allied products: Total cases..................................................... Lost workday cases....................................... Lost workdays................................................. Petroleum and coal products: Total cases..................................................... Lost workday cases....................................... Lost workdays................................................. Rubber and miscellaneous plastics products: Total cases..................................................... Lost workday ca ses....................................... Lost workdays................................................. Leather and leather products: Total cases..................................................... Lost workday cases ....................................... Lost workdays................................................ 1982 19.4 8.9 132.2 19.9 9.5 141.8 18.7 9.0 136.8 17.8 8.6 130.7 16.7 8.0 129.3 16.5 7.9 131.2 16.7 8.1 131.6 16.7 8.1 138.0 16.5 8.0 137.8 8.7 4.0 58.6 9.3 4.2 64.8 8.1 3.8 45.8 8.2 3.9 56.8 7.2 3.2 44.6 6.5 3.0 42.8 7.7 3.2 51.7 7.3 3.0 51.7 6.7 2.5 45.6 10.2 3.4 61.5 9.7 3.4 61.3 9.1 3.3 62.8 8.8 3.2 59.2 7.6 2.8 53.8 7.4 2.8 51.4 8.0 3.0 54.0 7.5 3.0 57.4 7.8 3.1 59.3 6.5 32.4 6.5 2.2 34.1 6.4 2.2 34.9 6.3 2.2 35.0 6.0 2.1 36.4 6.4 2.4 40.6 6.7 2.5 40.9 6.7 2.6 44.1 6.7 2.7 49.4 13.5 5.7 103.3 13.5 6.0 108.4 12.7 5.8 112.3 11.6 5.4 103.6 10.6 4.9 99.1 10.0 4.5 90.3 10.4 4.7 93.8 10.2 4.7 94.6 10.5 4.7 99.5 7.0 2.9 43.8 7.1 3.1 45.1 6.9 3.1 46.5 6.7 3.0 47.4 6.6 2.8 45.7 6.6 2.9 44.6 6.5 2.9 46.0 6.3 2.9 49.2 6.5 2.9 50.8 7.8 3.3 50.9 7.7 3.5 54.9 6.8 3.1 50.3 6.6 3.0 48.1 5.7 2.5 39.4 5.5 2.5 42.3 5.3 2.4 40.8 5.1 2.3 38.8 6.3 2.7 49.4 7.9 3.4 58.3 7.7 3.6 62.0 7.2 3.5 59.1 6.7 2.9 51.2 5.3 2.5 46.4 5.5 2.4 46.8 5.1 2.4 53.5 5.1 2.4 49.9 7.1 3.2 67.5 17.1 125.5 17.1 8.2 127.1 15.5 7.4 118.6 14.6 7.2 117.4 12.7 6.0 100.9 13.0 6.2 101.4 13.6 6.4 104.3 13.4 6.3 107.4 14.0 6.6 118.2 11.7 4.7 72.5 11.5 4.9 76.2 11.7 5.0 82.7 11.5 5.1 82.6 9.9 4.5 86.5 10.0 4.4 87.3 10.5 4.7 94.4 10.3 4.6 88.3 10.5 4.8 83.4 10.1 10.0 5.9 107.0 9.4 5.5 104.5 9.0 5.3 100.6 8.5 4.9 96.7 8.2 8.8 8.6 8.2 4.7 94.9 5.2 105.1 5.0 107.1 4.8 102.1 8.0 7.4 3.2 48.7 7.3 3.1 45.3 7.2 3.1 45.5 7.2 3.1 47.8 7.4 3.3 50.5 7.4 3.2 50.7 7.7 3.3 54.0 8.8 8.2 4.1 59.1 3.9 58.2 7.7 3.6 54.7 7.1 3.4 52.1 7.0 3.2 50.6 7.2 3.5 55.5 7.2 3.5 59.8 7.2 3.6 62.5 7.7 3.1 44.7 7.1 2.9 44.5 7.1 2.9 41.1 7.2 2.9 42.6 7.3 3.0 46.7 7.5 3.2 48.4 7.5 3.1 47.0 7.8 3.2 50.5 2.0 .8 1.9 2.0 2.0 .9 12.2 11.6 .9 13.2 12.8 1.9 .9 13.6 2.0 .9 15.4 2.0 .8 12.5 2.1 .9 13.3 5.5 2.4 36.2 5.5 2.5 38.1 5.2 2.3 35.8 5.0 2.3 35.9 4.9 2.3 35.8 5.1 2.4 37.0 5.2 2.5 41.1 45.4 2.2 8.1 Transportation and public utilities Total cases.................................................................. Lost workday ca ses.................................................... Lost workdays ............................................................ 5.7 102.3 Wholesale and retail trade Total cases............................................................ Lost workday cases.............................................. Lost workdays....................................................... Wholesale trade: Total cases............................................................ Lost workday ca ses.............................................. Lost workdays....................................................... Retail trade: Total cases............................................................ Lost workday cases .............................................. Lost workdays....................................................... 7.9 3.2 44.9 8.9 3.9 57.5 7.5 2.8 39.7 3.4 49.0 Finance, insurance, and real estate Total cases................................................................... Lost workday ca ses..................................................... Lost workdays............................................................... 2.1 .8 Services Total cases............ Lost workday cases Lost workdays....... 1 Total cases include fatalities. 2 The incidence rates represent the number of injuries and illnesses or lost workdays per 100 full-time workers and were calculated as: (N/EH) X 200,000, where: N = number of injuries and illnesses or lost workdays. 100 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5.4 2.6 .9 17.1 5.3 2.5 43.0 EH = total hours worked by all employees during calendar year. 200,000 = base for 100 full-time equivalent workers (working 40 hours per week, 50 weeks per year.) 3 Excludes farms with fewer than 11 employees since 1976. BLS Handbook of Methods BLS Handbook of Methods U S. 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