The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
MONTHLY LABOR REVIEW U.S. Department of Labor Bureau of Labor Statistics September 1988 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis In this issue: Employment profile of older women Labor force activity from a new perspective Eye care sponsored by employers U.S. DEPARTMENT OF LABOR Ann McLaughlin, Secretary BUREAU OF LABOR STATISTICS Janet L. Norwood, Commissioner The M onthly Labor Review is published by the Bureau of Labor S tatistics of the U.S. D epartm ent of Labor. C om m u n ica tio n s on e ditorial m atters should be addressed to the Editor-in-Chief, M o nth ly Labor R eview, Bureau of Labor Statistics, W a shington, DC 20212. Phone: (202) 523-1327. S ubscription price per ye ar— $16 d om estic: $20 foreign. S ingle copy, $4.75 d om estic; $5.94 foreign. S ubscription prices and distrib u tio n policies for the M onthly Labor Review (ISSN 0 09 8 -1 8 1 8 ) and other G overnm ent publicatio n s are set by the G overnm ent P rinting Office, an agency of the U.S. C ongress. Send co rrespondence on circula tion and subscription m atters (including address changes) to: S up erin te nd e n t of D ocum ents, G overnm ent P rinting Office, W ashington, DC 20402 M ake ch ecks payable to S up erin te nd e n t of D ocum ents. The Secretary of Labor has determ ined that the pub licatio n of th is periodical is n ecessary in the tra n sa ction of the public business required by law of this D epartm ent. S econd-class postage paid at W ashington, DC, and at a dditional m ailing addresses. Regional Commissioners for Bureau of Labor Statistics 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 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 Region III—Philadelphia: Alvin I. Margulis 3535 Market Street P.O. Box 13309, Philadelphia, PA 19101 Phone: (215) 596-1154 Delaware District of Columbia Maryland Pennsylvania Virginia West Virginia Region IV—Atlanta: Donald M. 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 September cover: Detail portion of the American Federation of Labor Monument to Samuel Gompers, Sculpted by R. Aitken and located on Massachusetts Avenue, Washington, DC Photograph courtesy Bill Burke Page One Photo and the afl-cio News. Cover design by Melvin B. Moxley. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Regions IX and X—San Francisco: Sam M. Hirabayashi 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 RESEARCH LIBRARY Federal R e s e rv e Bank of St. Louis MONTHLY LABOR REVIEW SEPTEMBER 1988 VOLUME 111, NUMBER 9 OCT 1 2 1988 Henry Lowenstern, Editor-in-Chief Robert W. Fisher, Executive Editor Diane E. Herz 3 Employment characteristics of older women, 1987 Early retirement by men and Increased labor force participation by women in their mld-50’s have rapidly enlarged the female share of the older paid work force E. F. Mellor, W. Parks II 13 A year's work: labor force activity from a different perspective The annual March work experience supplement to the Current Population Survey provides a unique view of labor force activity which complements monthly cps data Rita S. Jain 19 Employer-sponsored vision care brought into focus Employee participation in vision care plans doubled between 1980 and 1986 In medium and large firms; coverage rose 150 percent for white-collar workers John Tschetter 24 An evaluation of bls projections of the 1985 economy Evaluation of bls projections of 1985 employment shows their sensitivity to underlying estimates of population, labor force, and productivity REPORTS Mary Jablonski and others 34 Productivity, age, and labor composition changes in the U.S. Howard V. Hayghe 38 Employers and child care: what roles do they play? https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis DEPARTMENTS 34 45 46 49 53 Research summaries Major agreements expiring next month Developments in industrial relations Book reviews Current labor statistics https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Employment characteristics of older women, 1987 Early retirement by men and increased labor force participation by women in their mid-fifties have rapidly enlarged the fem ale share o f the older paid work force D ia n e E. H erz Since the late 1970’s, the number of youths in the labor force has fallen by 2.4 million and labor force growth of women in the central age groups (25-44) has slowed considerably. Some employers have found it increasingly difficult to recruit workers and have turned to older persons (age 55 and over) to fill their hiring needs. As the “graying of America” progresses, older workers may become a greatly sought-after resource. However, while the attractiveness of older persons as a source of labor may have increased, work force participa tion among those age 55 and over has, until the last few years, declined steadily. Understanding who older work ers are, why they leave the labor force or continue to work, and what types of jobs they hold is critical for developing strategies aimed at increasing, or at least maintaining, their employment.1 Most past studies on older workers and retirement have largely ignored women, partly because the female share of the older paid work force has traditionally been small. In 1950, for example, only 2 of 10 workers age 55 and over were women. Since then, early retirement by men and increased labor force participation by women in their mid-fifties have expanded that proportion rapidly. As a result, it is no longer possible to ignore the labor force Diane E. Herz is an economist in the Division of Labor Force Statistics, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis behavior of women age 55 and over, who now are 4 of every 10 older workers. This article focuses on women age 55 and over who work. It first presents an overview of the group’s work activity, occupational distribution, education, and earn ings, and then discusses these characteristics as they vary according to marital status and race. The data for this study come primarily from the Current Population Survey ( c p s ) . 2 Although it is limited in longitudinal capability, the c p s is probably the most comprehensive source of data on employment of older women. Where possible, other sources are used to supplement c p s findings. Work activity Recent trends. While labor force participation of men age 55 and over has declined dramatically, that of older women as a group has remained remarkably stable. In 1987, 6.2 million women, or 2 of 10 age 55 or older, were in the labor force—about the same proportion as 20 years earlier. However, between 1967 and 1987, the labor force patterns of subgroups of older women varied. Women between the ages of 55 and 59 participated in the general increase in female labor force activity, although to a lesser extent than younger groups of women. (See table 1.) In contrast, the rates for women ages 60 to 61 were largely unchanged. Women in their mid to late sixties, like their male counterparts, responded to changes in both Social 3 MONTHLY LABOR REVIEW September 1988 • Table 1. Labor force status of the population by sex and selected ages, 1967 and 1987 annual averages W om en Y e a r and age P o p u la tio n La b o r fo r c e M en L a b o r fo rc e p a r tic ip a tio n P o p u la tio n La b o r fo r c e r a te L a b o r fo rc e p a r tic ip a tio n r a te 19 6 7 25-54 ............... 55-64 ............... 5 5 -5 9 .............. 6 0 -6 4 .............. 60-61 ........... 62-64 ........... 65 and o v e r..... 6 5 -6 9 .............. 70 and over ... 35,265 9,092 4,898 4,195 1,777 2,418 10,222 3,485 6,737 16,675 3,855 2,370 1,490 728 762 984 593 391 47.3 42.4 48.4 35.5 41.0 31.5 9.6 17.0 5.8 32,361 8,218 4,495 3,724 1,589 2,135 7,811 2,896 4,915 31,255 6,937 4,050 2,887 1,334 1,553 2,125 1,260 865 96.6 84.4 90.1 77.5 84.0 72.7 27.2 43.5 17.6 50,763 11,567 5,787 5,781 2,352 3,429 16,476 5,325 11,151 36,485 4,937 3,019 1,918 965 953 1,221 761 459 71.9 42.7 52.2 33.2 41.0 28.0 7.4 14.3 4.1 48,471 10,267 5,249 5,018 2,068 2,950 11,632 4,411 7,221 45,419 6,940 4,185 2,755 1,397 1,358 1,899 1,138 761 93.7 67.6 79.7 54.9 67.6 46.0 16.3 25.8 10.5 19 8 7 25-54 ............... 55-64 ............... 5 5 -5 9 .............. 6 0 -6 4 .............. 60-61 ........... 62-64 ........... 65 and o v e r...... 6 5 -6 9 .............. 70 and over ... Security and private pension benefits by reducing their labor force participation.3 As table 1 illustrates, participation rates decline rapidly with age. This occurs for two reasons. First, as women get older, many leave their jobs and withdraw from the labor force. This is especially common at age 62, when eligibility begins for reduced Social Security benefits, and at age 65, for full benefits. Second, the women in the 55and-over group who were born earliest participated in the labor market to a lesser extent than those born 10 or 15 years later. Thus, some of the age differences observed in the 1987 “snapshot” are not totally a result of aging; they also represent a cohort effect. Cohort effects may include differences in work patterns, attitudes, and education levels between groups of women born at different times. Women who continue working beyond normal retire ment age often reduce their work activity in terms of hours, weeks, or both.4 Chart 1 illustrates a shift in work schedules with age. In 1986, women between ages 55 and 61 worked similar schedules to those of their central-age counterparts—more than half worked full time and year round. That proportion edged down for those between ages 62 and 64, and only a quarter of women age 65 or older had such schedules. Similarly, the proportion of women working the most abbreviated schedules (part time for less than 50 weeks) increased to 1 of 5 after age 62 and 2 of 5 after age 70. Changing worklife patterns. Women born at different times have had strikingly different worklife patterns. The fact that women at or near retirement ages have dramati cally lower participation rates than young women is only partly an aging effect. To a large extent, it reflects 4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Job Characteristics o f Older Women differences between cohorts of women. Many over the age of 50 in 1987, for example, first reached the age of labor force entry in the 1940’s or 1950’s, when women were not usually expected or encouraged to work and when employment opportunities for them were limited (an exception was during World War II, but most women returned to their prior work patterns after the war). Changes in social norms regarding women’s work force participation in subsequent decades affected young women dramatically, and the effect has been lasting. As a result, women in their late thirties today are far more likely to be in the labor force than were their mothers or grandmothers at any age. Chart 2 illustrates differences in the labor force participation patterns of 5-year cohorts of women who were between ages 30 and 69 in 1987. By linking together the participation rates of these groups as they passed through successive ages (for example, women ages 60 to 64 in 1987 were 45 to 49 in 1972, 50 to 54 in 1977, and so on) a longitudinal perspective is derived from crosssectional c p s data.5 As the chart illustrates, even between cohorts born as few as 5 years apart, differences in labor force participation are striking. At every age, each successive cohort was more likely to work than the preceding one. A comparison of the oldest and youngest groups of women illustrates the cumulative effect of that trend. For example, 7 of 10 women in their thirties worked in 1987, more than twice as many as in 1957. Not only have participation rates risen with each successive cohort of women, but, as chart 2 shows, fundamental changes in worklife patterns have occurred over time. The older cohorts followed a pattern in which slightly fewer than half of women were in the work force in their early twenties; their participation rates dropped sharply during their childbearing years, and then rose to a peak in their late forties or early fifties. The peak rose higher and higher for each successive cohort, but the pattern remained essentially the same. In the last decade or so, that pattern has apparently been replaced by one in which participation rates start much higher and continue to rise with no dropoff during childbearing years. The pattern for the two groups of women in their thirties makes it easy to envision future generations having sustained participation rates above 70 percent until they approach retirement age—a pattern reflected in the Bureau of Labor Statistics’ projections to the year 2000.6 In fact, although women’s participation rates are lower than men’s at each age, the current labor force patterns of young women resemble those of their fathers more closely than those of their mothers.7 Jobs older women hold Occupational segregation. Despite media attention fo cusing on women’s movement into nontraditional Chart 1. Distribution of w ork schedules of women, selected ages, 1986 Percent 100 M Part time, part year □ Part time, full year ■ Full time, part year H Full time, full year 70 and over occupations, a majority of women, both older and younger, work in stereotyped occupations. In 1987, for example, nearly two-thirds of working women age 55 and over and more than half of those between the ages of 25 and 34 were employed in three traditionally female job categories—sales, administrative support (including cleri cal), and services. (See table 2.) Some reduction in occupational sex segregation has occurred in recent years, although new opportunities have accrued almost exclusively to young women and new labor force entrants. The limited employment options available in their youth largely determined the type of jobs held by women currently age 55 or older. This explains why only 1 of 10 lawyers and judges between ages 55 and 64 is a woman, compared to 3 of 10 between ages 25 and 34. Young women have also increased their representation in medicine, accounting, engineering, and management. However, this movement into nontraditional occupations has been somewhat overshadowed by strong employment growth in several female-dominated occupations, such as nursing and clerical jobs.8 Occupational representation. After age 55, the propor tion of women employed in any occupation begins to reflect not only past opportunities, but also other factors. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Earnings, retirement income, and opportunities for parttime work all vary between occupations and greatly affect whether women work and what types of jobs they hold. Also, health status determines, to some degree, which jobs older women may be able to perform. The represen tation index in table 2 provides a measure of the degree to which, among all women, older women are overrepre sented or underrepresented in selected occupation and worker categories.9 An index value of more than 1 indicates that an age group of women makes up a larger proportion of one occupation than of all occupations combined. A value of 1.16 in sales, for example, indicates that relative to their representation in all occupations, women age 65 and over are overrepresented in sales jobs by 16 percent. It is important to note that the index does not capture the effects of occupational sex segregation; that is, overrepresentation refers only to the unusually large presence of older women among all women in a particular occupation. Within the 55-and-over group, sharp differences exist in occupational representation. Among other reasons, the jobs held by women in their late fifties are usually full time and year round, while those held by women age 65 or older often reflect a more marginal, near-retirement or postretirement pattern. In general, women in their late 5 MONTHLY LABOR REVIEW September 1988 • Job Characteristics o f Older Women Chart 2. Labor force participation rates for selected 5-year cohorts of women, by age in 1987 Percent Percent Age NOTE: Each line represents the w orkllfe pattern of a specific cohort (w hose age In 1987 Is Indicated on the graph). fifties are about evenly represented across job groups, while those age 65 and over are substantially overrepre sented in some occupations and underrepresented in others. As seen in table 2, women age 65 and older are overrepresented in both sales and services jobs. While the rigid hours required by many occupations force women to choose between full-time work and no work at all, those in sales and services jobs are often able to work part time for the same employer.10 Some women switch jobs late in life, moving to these occupations from those that are not as flexible. Apparently, however, job switching is uncom mon among older women as most are already working in these occupations.11 Also, changing jobs becomes less common with increasing age. Another reason for older women’s overrepresentation in sales and services jobs may be low rates of pension coverage in the industries that employ these workers.12 Receipt of a pension other than Social Security greatly affects whether women continue to work beyond normal retirement age. In the Social Security Newly Entitled Beneficiary Survey ( n b s ), a survey of recipients of retiredworker benefits, it was found that women who did not receive a pension were about 3 times more likely to be working (18 to 30 months after first Social Security 6 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis receipt) than those who received pension benefits.13 In this context, it is not surprising that women age 65 and older hold a disproportionate share of both sales and services (especially private household) jobs, as women employed in these occupations may work to later ages than those employed in jobs with higher rates of pension coverage. Health also plays a role in whether older women continue to work, and is one reason the oldest groups of women are underrepresented in some physically demand ing occupations, such as operators, fabricators, and laborers. The relatively small proportion of women who have been employed in such jobs are likely to be in poorer health than are those who have performed less strenuous work. And, even when their health status is comparable to that of other older women, the greater physical demands of these jobs may make continued employment difficult. However, health status is less of a determinant of women’s continued work activity than is pension receipt; in 1982, New Beneficiary Survey respondents who re ported physical limitations and did not receive pension benefits were two times more likely to be working than persons with no health limitations who received pensions. 14 Older women are substantially overrepresented among both self-employed and unpaid family workers and are underrepresented among wage and salary workers. Women who are self-employed are often in services industry jobs and may continue working because of low earnings and lack of pension coverage.15 Also, these jobs often provide flexible work schedules and make possible continued employment. The predominance of all three age groups of older women (shown in table 2) among unpaid family workers primarily reflects their employ ment in farming and other family businesses.16 Cohort differences not only affect the amount of work older women perform, but also have an impact on the representation of older women in many occupations. The most dramatic example is among private household workers. Limited employment opportunities available to women in the past, especially black women, channeled many into domestic work. In 1987, 8 percent of employed women age 65 or older were in private household jobs (33 percent of black women); this compared to less than 1 percent of women ages 25 to 34. Cohort effects are also seen in the underrepresentation of older women in executive, administrative, and managerial jobs, and among professionals and technicians. Although many of these jobs remain extremely segregated by sex, employment growth in these fields has created more opportunities for young women. Consequently, there is an overrepresentation of younger women and an underrepresentation of older women in these fields. Education Education is one of the best predictors of older women’s labor force patterns. It dramatically affects not only whether they participate in the labor force, but also their likelihood of finding employment, of working full or part time, and of holding relatively high- or low-paying jobs. In general, women age 55 or older have completed fewer years of education than their younger counterparts. As the following tabulation illustrates, in 1987, 4 of 10 women age 55 or older had completed less than 4 years of high school, compared with about 1 of 10 women between the ages of 25 and 34. Similarly, those in the younger group were more than twice as likely as were older women to have completed 4 years or more of college. Percent distribution o f fem ale population Years o f school completed 2 5 -3 4 55 and over L ess th a n 4 y ears o f h ig h s c h o o l.......... 4 years o f h ig h s c h o o l............................... 13.0 41.8 41.2 38.0 1 - 3 y ears o f c o lle g e ............................... ... 4 o r m o re y ears o f c o ll e g e ...................... 22.2 22.9 11.8 9.1 Women who have completed the most years of educa tion are substantially more likely to work than are their less-educated counterparts. Education not only increases the likelihood that one will find work, but it also expands opportunities for jobs which require minimal physical demands and provide high levels of satisfaction, making Table 2. Percent distribution and representation index for selected age groups of women by occupation and class of worker, 1987 annual averages Occupational representation index Percent distribution of employed women Category 25-34 55-64 65 and over 55-59 60-64 65 and over O ccupation Total employed (in tho u san d s)......................................................................... 14,617 4,783 1,191 1.00 1.00 1.00 Executive, administrative, and managerial.......................... ....................................... Professional specialty..................................................................................................... Health assessment and tre a tin g .............................................................................. Teachers, college and university............................................................................... Teachers, except college and u niversity................................................................. Technicians and related support................................................................................... Sales occupations.................................................... ..................................................... 11.3 16.4 4.9 .4 5.0 4.5 10.9 9.8 11.7 3.0 .5 4.3 1.7 12.6 8.2 10.2 1.3 .5 3.4 1.1 14.9 1.02 .88 .86 1.05 .92 .53 .91 .90 .73 .74 1.32 .64 .50 1.10 .82 .71 .36 1.03 .64 .34 1.16 Administrative support (including clerical)................................................................... S e rvice s........................................................................................................................... Private household....................................................................................................... Protective.............................................................. ........................ .............................. Services, except private household and p rote ctive ............................................... Precision production, craft, and re pair......................................................................... Operators, fabricators, and lab o re rs............................................................................ Farming, forestry, and fishing................................. ...................................................... 29.2 15.5 1.0 .6 14.0 2.3 9.0 .9 29.6 19.6 2.7 .5 16.3 2.5 10.6 1.8 24.1 29.1 7.6 .5 20.9 2.7 6.8 2.9 1.00 1.06 1.42 1.02 1.02 1.18 1.22 1.56 1.05 1.10 1.68 .80 1.05 .99 1.14 1.66 .83 1.61 4.27 .94 1.32 1.17 .76 2.59 94.5 5.1 .4 90.1 82.5 16.1 1.5 .97 .72 1.63 .96 C la s s o f w o r k e r Wage and sa la ry............................................................................................................ Self-em ployed................................................................................................................. Unpaid family w o rk e rs ................................................................................................... Note: 8.8 1.1 .7 7 2.05 .88 1.35 2.41 Percents may not sum to 100 due to rounding. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7 MONTHLY LABOR REVIEW September 1988 • Job Characteristics o f Older Women Chart 3. Labor force participation rates of women age 55 and over by years of school completed, March 1987 Percent in labor force Percent in labor force 8 years of school or less 1-3 years of high school 4 years of high school continued work both possible and desirable for some women. Differences in labor force participation by years of school completed are illustrated in chart 3. As shown, high school completion dramatically increases the likeli hood that older women will be in the labor force. Among women ages 55 to 64, nearly one-half of those who had completed 4 years of high school were in the labor force in 1987, compared with fewer than a third of those with less education. Similarly, about 1 of 10 high school graduates age 65 or older worked, compared to fewer than 1 of 20 women with less education. Education is also a good predictor of the amount of work older women perform. Of women who were employed in 1986, those with the most education worked the fullest schedules. Sixty-one percent of college gradu ates ages 55 to 64 worked full time and year round, compared with only 46 percent of women with 8 years or less of education. Among women 65 and over, 28 percent of the most educated worked these full schedules, compared with a fifth of the least educated. Earnings As women get older, their earnings decline in impor tance relative to other income sources. For those who 8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1-3 years of college 4 or more years of college continue to work, however, earnings remain a critical source of income. In 1984, for example, 75 percent of nonmarried women ages 62 to 64 and 31 percent of those age 65 or older who worked relied on their earnings for at least half of their total income.17 Women in their late fifties and early sixties who worked in 1986 had median annual earnings of $11,141, while those age 65 and over earned $5,348. The lower earnings of the oldest group primarily reflected their more mar ginal work schedules. Earnings of women who worked full time and year round were substantially higher, with those 55 to 64 making $16,066, and those 65 or older, $13,217. Although earnings depend on a number of factors, the best predictor is probably years of school completed. Table 3 compares the earnings of full-time, year-round workers of different education levels. As shown, older women with the most education earned between two and three times as much as their least-educated counterparts. The cross-sectional data included in the table reveal different patterns for men and women. Within each educational group, men’s earnings are higher for each successive age group—until they peak in the 45- to 54year interval. For women, the pattern is much less clear. In fact, earnings peak at ages 35 to 44 for the group as a whole, and at different ages depending on educational attainment. While men in their late fifties and early sixties earn substantially higher pay than younger men, older women often earn about the same amount or even less than their younger counterparts. This pattern—or lack of one—reflects a combination of factors, including varia tions between cohorts of women in years of work experience and in occupational mix. Older women, for example, are far more likely than younger women to be employed in low-paying private household work. Marital status Marital status has a substantial impact on the work activity of older women. As discussed previously, for women 55 and beyond, participation in the labor force is partially a function of retirement resources. Married women, who benefit from their husband’s income as well as their own, generally have the easiest time retiring or remaining out of the labor force. Many of these women stop working prior to or upon receipt of reduced Social Security benefits at age 62.18 In contrast, a large propor tion of never-married or divorced women rely solely on their own earnings, other income, or both for support. Hence, they must continue working beyond normal retirement age. Labor force participation rates illustrate differences in the extent of work activity according to marital status. As shown in table 4, older unmarried women have a much stronger attachment to the work force than do married women. At the extremes, 70 percent of divorced women ages 55 to 59 were working in 1987, compared to only 45 percent of those with a husband present. After age 65, divorced women were about three times more likely to be in the labor force than were married women. Differences in work activity between specific groups of older unmarried women are also striking, and reflect variations in resources available for retirement. For example, divorced women have participation rates far exceeding those of never-married or widowed women. This is not surprising, because divorced women are more likely to rely primarily on their own income for support, while widows generally receive survivor benefits. Also, in contrast to never-married women, many of whom have worked for most of their lives and can retire on their own pensions, divorced women may have started their careers late, accumulating limited pension resources. Data on occupational tenure indicate that half of never-married women age 65 or older have 25 or more years of experience in their current occupation, compared to just 30 percent of their divorced and widowed counterparts.19 Occupational tenure affects pension eligibility, earnings, and level of Social Security benefits. Hence, divorced women are often worse off than their never-married counterparts and must continue to work to older ages. It is interesting to note that marital status affects the labor force patterns of men and women in different ways. While being married tends to reduce the work activity of older women, older married men have higher participa tion rates than their nonmarried counterparts. Also, except for those over 70, older divorced women are both more likely to be in the labor force and to work full schedules than are divorced men of the same age. (See table 4.) Differences in the work activity of older women according to marital status have lessened dramatically in recent years. As the following tabulation illustrates, never-married women have reduced their labor force participation dramatically, while married women have increased theirs. Changes in pensions and Social Security benefits increased the ability of older never-married women to stay out of the labor force. Also, changes in cultural norms that encouraged work activity by married women of all ages reduced the differences dramatically. Table 3. Median annual earnings of full-time, year-round wage and salary workers by sex, age, and years of school completed, 1986 S ex and age T o ta l 8 ye a rs 1 to 3 o r le s s y e a rs of 4 y e a rs of h ig h s c h o o l 1 to 3 4 o r m o re ye a rs of ye a rs o f c o lle g e c o lle g e $23,276 21,883 25,326 25,861 24,211 21,403 o f school h ig h s c h o o l $16,323 16,813 18,179 17,450 16,066 13,217 $10,088 10,269 10,358 10,314 10,616 8,239 $11,815 11,710 11,679 12,637 12,464 9,860 $14,698 14,424 15,761 16,206 16,085 13,601 $16,724 16,946 18,936 18,750 16,989 12,300 25,400 22,607 27,991 28,955 27,326 23,922 15,503 12,101 15,714 18,989 17,881 15,843 17,829 15,905 19,959 23,930 21,725 17,568 22,670 20,540 25,633 26,969 26,957 24,488 25,852 23,469 28,070 29,636 28,143 26,724 W o m e n 25 34 35_44 45 54 55_64 ................................................................................... ........................................................................................ .............................................................................................. ............................................................................................... M en 25 34 35_44 45 54 55_64 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ........................................................................................... ............................................................................ ........................................................................................ .................................................................................... 32,288 27,693 34,189 39,932 39,366 38,976 ' -- 9 MONTHLY LABOR REVIEW September 1988 • Labor force participation rates A ge 5 5 -6 4 : N e v e r-m a rrie d ................................. M a rrie d , spouse p r e s e n t ..................... ........ A ge 65 a n d over: N e v e r-m a rrie d ...................................... M a rrie d , spouse p r e s e n t ..................... .......... 1957 1987 24.0 48.4 37.4 6.6 9.1 6.9 Table 4. Labor force participation rates and percent of workers with full-time, year-round schedules by sex, age, and marital status, March 1987 M arried, spouse present Never m arried Divorced W idow ed L a b o r fo r c e p a r tic ip a tio n r a te Women: 25 to 3 4 .................................... 55 and o v e r................................. 55 to 5 9 ...................................... 60 to 6 4 ................................. 65 to 6 9 ............................................. 70 and o v e r........................................ 67.5 23.6 44.9 29.4 11.3 3.1 82.9 22.8 58.7 37.3 18.9 5.3 83.3 43.9 69.6 52.6 24.5 11.1 52.7 14.3 58.0 37.0 17.1 4.1 Men: 25 to 3 4 ................................................ 55 and o v e r............................................ 55 to 5 9 ................................................ 60 to 6 4 ................................................ 65 to 6 9 ............................................... 70 and o v e r......................................... 97.1 43.4 83.1 57.1 26.9 11.0 88.0 37.3 65.6 45.3 18.3 14.9 92.9 42.5 66.1 48.9 22.3 12.4 86.4 15.8 63.1 44.0 19.4 6.9 Women: 25 to 3 4 ............................................ 55 and o v e r........................................ 55 to 5 9 ............................................... 60 to 6 4 ........................................... 65 and o v e r......................................... 48.6 45.7 51.7 45.6 24.8 69.2 58.3 73.0 64.6 33.3 62.4 60.2 69.8 61.6 33.8 (1) 41.4 63.4 47.2 23.1 Men: 25 to 3 4 .................................................... 55 and o v e r............................................. 55 to 5 9 ............................................ 60 to 6 4 ............................................ 65 and o v e r......................................... 80.2 65.7 78.7 70.5 35.9 64.8 58.3 68.8 57.3 38.8 67.2 56.5 64.8 58.3 27.6 (1) 44.6 (1) 54.2 33.8 P e rc e n t o f w o rk e rs w h o w o r k e d fu ll t im e , y e a r r o u n d ’ Not calculated where base is less than 75,000. 10 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 5. Population, labor force, and labor force participation rates of women age 55 and over by years of school completed and race, March 1987 Years of school completed Population Black Total (in thousands). It is important to emphasize again that the work patterns of women age 55 and older not only reflect their current resources, but also depend on past experiences. Many of the differences in work activity between older married and unmarried women should narrow even further for future groups. Marital status often determined the lifetime work experiences of women born in the 1920’s and 1930’s. For the most part, married women had a more tenuous attachment to the labor force than did their never-married counterparts. Relying on her husband’s income, a married woman often remained out of the labor force, worked intermittently, or chose an abbreviated work schedule, while an unmarried woman typically worked full time for many years. Today, a majority of women work regardless of marital status. The participation rates of never-married and Sex and age Job Characteristics o f Older Women Less than 4 years of high sc h o o l............... ................ 4 years of high sc h o o l....... 1 - 3 years of college ........ 4 or more years of college. Labor force Labor force participation rate White Black White Black White 2,547 24,928 610 5,296 23.9 21.2 1,619 9,656 287 1,123 17.7 11.6 576 186 166 9,899 3,058 2,314 183 79 61 2,585 844 744 31.8 42.5 36.7 26.1 27.6 32.2 100.0 100.0 100.0 100.0 Percent distribution Total Less than 4 years of high sc h o o l................................ 4 years of high s c h o o l....... 1 - 3 years of c o lle g e ........ 4 or more years of college. Note : 63.6 38.7 47.0 21.2 22.6 7.3 6.5 39.7 12.3 9.3 30.0 13.0 10.0 48.8 15.9 14.0 — — _ _ _ _ _ _ — — Percents may not sum to 100 due to rounding. married women ages 25 to 34 in 1957 differed by more than 50 percentage points. By 1987, that gap had narrowed to only 15 points. Racial differences Older black women have higher levels of work activity than older white women. Although the labor force participation rate of black women age 55 and older (24 percent) is only slightly higher than that of white women (21 percent), after controlling for educational differences, the greater work attachment of black women is evident. (See table 5.) At every educational level, black women are more likely to be in the labor force than are their white counterparts. Yet, the employment of older black women is concentrated in a relatively narrow range of lower paying occupations. The more extensive work activity of older black women, in part, reflects differences in available retirement resources. New Beneficiary Survey data indicate that blacks (men and women together) are less likely than whites to receive pension income, to own their own homes, or to own other valuable assets.20 Also, older black women are much less likely than older whites to be married; hence, black women have fewer resources for retirement and are likely to continue working to support themselves. In 1987, more than half of white women age 55 and older were married with a husband present, compared to only a third of older blacks. Older black women have completed far fewer years of education than their white counterparts. In 1986, fully two-thirds of black women age 55 or older had completed fewer than 4 years of high school, compared to 39 percent of white women. Of those in the labor force, nearly half of older black women had not completed high school, compared with a fifth of white women. (See table 5.) Reflecting these differences in education as well as differences in employment opportunities, in 1987, black women age 55 and older were about three times as likely as white women to be employed in service occupations. In fact, about 1 of 3 black women in their late sixties or older was employed as a private household worker; this compared to only 5 percent of white women in the same age group. Also, administrative support (including cleri cal) occupations employed about a third of older white women, but only 13 percent of older blacks. (See table 6.) In general, workers in services jobs have completed fewer years of school than those in clerical jobs. In fact, service workers are four times more likely than clerical workers to have less than a high school education. The effect of education is especially clear when compar ing the occupational distributions of groups of older black women. More than two-thirds of black women between ages 45 and 64,21 and nearly all of those age 65 or older who had completed fewer than 4 years of high school worked in the services occupations in 1987, while the majority of those who were college graduates were employed in professional specialties, mostly as teachers or nurses. Vast differences in both educational and employment opportunities available to black women decades ago and today have resulted in very different occupational em ployment patterns for today’s older and younger black women. The most outstanding difference between the youngest and oldest cohorts is the proportion employed in private household work. Fully 33 percent of black working women age 65 or older worked as cooks, servants, or cleaners (or in related occupations) in 1987, compared with only 1 percent of black women between ages 25 and 34. Young black women, like their white counterparts, were employed primarily in administrative support (including clerical) jobs. Although differences exist even between the youngest groups of black and white women, their relative narrowness is an indication that the occupational distributions of future generations of older women will vary much less by race than in the past. Black women ages 55 to 64 working year round and full time in 1986 earned about 84 cents for each dollar earned by white women the same age.22 Median earnings were $13,801 for black women ages 55 to 64 and $16,370 for Table 6. Occupational distribution of women by selected ages and race, 1987 annual averages [In percent] 65 and over 5 5 - 64 2 5 - 34 O c c u p a tio n Total employed (in thousands).... Managerial and professional specialty........................................... Executive, administrative, and m anagerial.................................. Professional specialty.................. Technical, sales, and administrative su pp o rt................... Technicians and related s u p p o rt........................................ Sales occupations....................... Administrative support (including clerical)........................................ S e rvice s............................................ Private household......................... Protective service......................... Services, except private household and p ro te c tiv e ........ Precision production, craft, and repair................................................ Operators, fabricators, and laborers ........................................... Forestry, farming, and fishing.......... Note : B la c k W h ite B la c k W h ite 489 4,172 17.2 29.2 15.7 22.4 10.3 19.6 6.6 10.6 12.0 4.5 17.2 11.0 10.5 12.0 4.3 6.8 8.9 10.7 44.6 44.7 20.9 46.9 14.5 43.4 2.5 4.7 1.6 13.6 1.7 4.3 1.0 16.1 32.7 21.2 1.3 1.3 28.8 13.7 14.7 49.3 .9 11.5 .5 1.4 31.7 15.9 1.7 .4 8.5 68.4 32.5 .9 26.3 24.5 5.0 .6 18.6 13.3 36.4 13.8 35.9 19.1 1.6 2.6 1.7 2.7 8.2 12.1 .6 1.0 10.3 1.9 4.3 .9 6.7 3.2 B la c k W h ite 1,793 12,345 3.9 8.1 2.1 14.5 .4 4.6 11.3 2.3 117 1,047 Percents may not sum to 100 due to rounding. white women. Sex differences in earnings were greater than race differences, however, as both groups of older women earned less than older black men ($17,556) and older white men ($28,165). M a n y o f t h e l a b o r f o r c e e x p e r i e n c e s of women age 55 and over in 1987 may never be repeated for new groups of older women. In the future, women reaching their late fifties and early sixties will have had substan tially more work experience than their mothers or grandmothers. Differences in work history dependent on race and marital status will have lessened, and women’s retirement decisions will be more similar to those of men. However, the employment characteristics of older women in 1987 do provide some insight into what the experiences of later generations will be like. Though future groups of older women will have had many more years of work experience than women currently age 55 or older, their occupation and earnings profiles will un doubtedly continue to affect their work activity at age 55 and beyond. □ -FOOTNOTES 'Recognizing the importance of issues related to older workers, Secretary of Labor Ann McLaughlin recently convened a Task Force on Older Workers. 3See Donald Bell and William Marclay, “Trends in retirement eligibility and pension benefits, 1974—83,” Monthly Labor Review, April 1987, pp. 18-25; and Employee Benefits in Medium and Large Firms, 1986, Bulletin 2281 (Bureau of Labor Statistics, 1987). 2 The Current Population Survey ( c p s ) is the monthly household survey (including 59,500 households in 1987) conducted for the Bureau of Labor Statistics by the Bureau of the Census. The c p s provides detailed information on the U.S. labor force, with some data going back as many as four decades. 4Although from cross-sectional data it is impossible to determine the actual “normal retirement age,” it is clear that the range of ages 62 to 65 often represents a turning point in work activity, as Social Security and private pension eligibility lure many workers into retirement. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11 MONTHLY LABOR REVIEW September 1988 • For an explanation of this cohort approach, see Philip L. Rones, “Using the CPS to track retirement trends among older men,” Monthly Labor Review, February 1985, pp. 46-48. 6See Howard N Fullerton, Jr., “Labor force projections: 1986 to 2000,” Monthly Labor Review, September 1987, pp. 19-29. For a comparison of male and female participation patterns using cross-sectional labor force data for several years, see Susan E. Shank, “Women and the labor market: the link grows stronger,” Monthly Labor Review, March 1988, pp. 3 -8 . 8See Barbara F. Reskin and Heidi Hartmann, eds. Women’s Work, M en’s Work: Sex Segregation on the Job (Washington, National Academy Press, 1986), Chapter 2. Job Characteristics o f Older Women 13Howard M. lams, “Employment of Retired-Worker Women,” Social Security Bulletin, March 1986, pp. 5-13. 14Iams, “Employment,” p. 8. 15See Eugene H. Becker, “Self-employed workers: an update to 1983,” Monthly Labor Review, July 1984, pp. 14-18. See also Sheldon E. Haber, Enrique J. Lamas, and Jules H. Lichtenstein, “On their own: the self-employed and others in private business,” Monthly Labor Review May 1987, pp. 17-22. See Patricia A. Daly, “Unpaid family workers: long-term decline continues,” Monthly Labor Review, October 1982, pp. 3 -5 . 17See Susan Grad, Income o f the Population 55 and Over, 1984, 9 This technique was used in Philip L. Rones, “Older men— the Publication No. 13-11871 (Social Security Administration, 1985), p. 81. choice between work and retirement,” Monthly Labor Review, Novem 18Iams, “Employment,” p. 7. ber 1978, pp. 3-10. ^Occupational tenure data are for 1987 and are available for three '°For a detailed analysis of the demographic characteristics of older marital status groups: women who are 1) never-married, 2) married full-time and part-time workers, see William H. Crown, Phyllis H. (spouse present), or 3) of other marital status. The third category Mutschler, and Thomas D. Leavitt, Beyond Retirement: Characteristics includes both widowed and divorced women as well as married women o f Older Workers and the Implications for Employment Policy with a spouse absent. (Waltham, m a , Heller School, Brandeis University, The Policy Center on Aging, 1987). Working paper by Donald C. Snyder, U.S. General Accounting Office, Human Resources Division, “Income and Assets of Recently Working paper by Donald C. Snyder, U.S. General Accounting Retired Workers by Race and Hispanic Origin.” Office, Human Resources Division, “Work After Retirement,” p. 5 and table 3. 2'Occupational data by educational attainment is not tabulated for 55to 64-year-olds specifically, so data for women ages 45 to 64 were used in 12For a comparison of pension coverage rates by industry, see this case. Pensions: Worker Coverage and Retirement Income, 1984, Current Population Reports, Household Economic Studies, Series P -7 0 , No. 12 After controlling for educational attainment, earnings ratios for (Bureau of the Census, 1987), pp. 1-13. Also see Donald C. Snyder, older black women and white women range between 85 and 99 percent. “Pension Status of Recently Retired Workers on Their Longest Job: The overall 84 percent ratio reflects the overrepresentation of black Findings From the New Beneficiary Survey,” Social Security Bulletin, women at the lower end (and white women at the upper end) of the August, 1986, pp. 5-21. education and earnings scale. 12 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A year’s work: labor force activity from a different perspective The annual March work experience supplement to the Current Population Survey provides a unique view o f labor force activity which complements the monthly c p s data E a rl F. M ellor a n d W illiam P arks II “How many Americans work all year?” “How many persons experience unemployment sometime during a given year?” These are some of the questions that cannot be answered with the typical data from the Current Population Survey ( cps ), which refer to a single week each month. Even the annual average data are nothing more than an average of the situation in those 12 “typical” weeks. The annual work experience survey, conducted each March as a supplement to the cps , provide data which reveal how many persons worked or looked for work, or did both, during the previous year. The March supplement provides a comprehensive year long view of labor force activity, that is, the number of weeks each person spent working, looking for work, or not in the labor force. These data provide a different perspective on the work force than the monthly data. For example, while the monthly survey indicated that about 8.2 million people were unemployed in a typical week in 1986, the March supplement showed that almost 21 million persons had been unemployed for at least 1 week during that year. Thus, the work experience data enhance the monthly cps numbers. Some trends, for example, the overall economic strength from year to year or the long-term increases in labor force participation of women, are Earl F. Mellor and William Parks II are economists in the Division of Labor Force Statistics, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis evident from both perspectives. Often, however, one view provides information not obtained from the other, such as the inability of the monthly CPS to show the number and weeks women work during the year. This report examines the results of the March 1987 work experience questions. It addresses five specific issues or trends for which these data provide a unique view of the labor market. 1. Despite a widespread perception o f a recent prolifera tion o f part-time or temporary jobs in the economy, the proportion o f workers who were employed year round, usually fu ll time in 1986 was at its highest level in the past 20 years and was up sharply from 1982. In 1986, 59.2 percent of all persons with some employment during the year worked at least 50 weeks, usually in a full-time job. Such schedules are called “yearround, full-time,” or “ full-schedule” work. That proportion was slightly higher than in the mid-1960’s, and well above the recessionary low of 55.0 percent in 1982 and the 1976 low for the two decades for which a consistent series of data are available. (See table 1.) This lengthening of work schedules is even more impressive when one considers that women, who are generally less likely than men to work full schedules, have made up a steadily expanding share of the work force. Between 1982 and 1986, the total number of persons with some employment during the year rose by 9.5 13 MONTHLY LABOR REVIEW September 1988 Table 1. Work experience of the population during the year, by sex, 1966-86 Y e a r-ro u n d , P e r c e n t d is tr ib u tio n Num ber Year fu ll-tim e of F u ll tim e P a r t tim e a p e rc e n t w o rk e rs (th o u s a n d s To ta w o rk e rs as a p e rc e n t 50 to 5 1 to 4 9 5 0 t o 52 1 to 4 9 w eeks w eeks w eeks w eeks B o th p o p u la tio n of p o p u la tio n se xe s 1966... 1967... 1968... 1969... 86,266 88,179 90,230 92,477 100.C 58.0 100.C 58.6 100.C 57.9 100.C 57.1 23.3 22.9 23.3 23.4 6.3 6.4 6.4 6.8 12.4 12.1 12.4 13.0 66.9 67.2 67.6 67.9 38.8 39.4 39.1 38.8 1970... 1971 ... 1972... 1973... 1974 ... 93,850 95,481 97,654 101,112 102,608 100.C 100.C 100.C 100.C 100.C 55.6 56.1 57.0 57.0 54.3 23.8 23.3 23.0 22.3 24.3 6.7 7.2 6.7 7.0 7.0 13.9 13.5 13.2 13.7 14.4 67.4 66.7 66.8 67.8 67.3 37.5 37.4 38.1 38.6 36.5 1975... 1976... 1977... 1978... 1979... 102,603 100.C 105,809 100.0 108,914 100.0 112,335 100.0 114,993 100.0 54.3 54.2 54.8 56.2 56.3 24.6 24.3 23.8 22.9 22.7 7.5 7.2 7.1 7.0 7.1 13.7 14.3 14.3 13.9 13.9 66.0 66.9 67.6 68.5 68.9 35.8 36.3 37.0 38.5 38.8 1980... 1981 ... 1982... 1983... 1984 ... 1985... 1986... 115,752 100.0 56.1 116,794 100.0 55.9 116,277 100.0 55.0 117,575 100.0 56.8 121,148 100.0 58.1 123,466 100.0 58.7 125,763 100.0 59.2 22.4 21.7 22.0 20.3 19.7 19.5 19.1 7.7 7.8 8.4 8.8 8.1 8.3 8.4 13.7 14.5 14.5 14.2 14.0 13.6 13.4 68.3 68.0 67.0 66.8 68.2 68.6 69.0 38.3 38.0 36.8 37.9 39.6 40.2 40.8 1966... 1967... 1968... 1969... 51,708 52,396 53,312 54,390 100.0 100.0 100.0 100.0 70.0 69.9 69.4 58.3 18.8 19.2 19.3 19.5 4.0 4.0 4.2 4.4 7.2 6.9 7.1 7.9 85.4 85.1 85.3 85.2 59.8 59.5 59.2 58.2 1970... 1971 ... 1972... 1973... 1974 ... 55,041 56,257 57,420 58,858 59,389 100.0 100.0 100.0 100.0 100.0 66.1 66.0 67.2 67.9 64.5 21.5 21.2 20.4 19.5 22.8 4.4 4.5 4.2 4.3 4.3 8.0 8.3 8.2 8.3 8.5 84.1 83.5 83.5 83.7 82.7 55.6 55.1 56.1 56.8 53.3 1975 ... 1976 ... 1977... 1978 ... 1979... 59,091 60,361 61,693 63,015 64,063 100.0 100.0 100.0 100.0 100.0 63.8 64.1 64.6 66.1 66.3 23.7 23.4 22.8 21.7 21.3 4.4 4.2 4.1 4.0 4.2 8.1 8.3 8.5 8.1 8.3 80.6 80.8 81.1 81.3 81.1 51.4 51.8 52.4 53.7 53.8 1980... 1981 ... 1982... 1983... 1984... 1985... 1986... 64,260 64,769 64,365 64,512 65,960 67,301 68,233 100.0 100.0 100.0 100.0 100.0 100.0 100.0 65.2 64.5 62.3 64.3 66.5 66.8 67.3 22.0 21.6 23.0 21.2 19.9 19.7 19.4 4.4 4.5 4.8 5.0 4.7 4.8 4.7 8.4 9.3 9.8 9.6 9.0 8.7 8.7 80.1 79.7 78.2 77.5 78.3 78.8 78.8 52.2 51.4 48.8 49.8 52.1 52.6 53.0 1966... 1967... 1968... 1969... 34,588 35,787 36,918 38,087 100.0 100.0 100.0 100.0 40.1 42.1 41.4 41.1 30.0 28.4 28.9 28.3 9.6 9.9 9.6 10.3 20.3 19.5 20.1 20.4 50.4 51.3 52.0 52.6 20.3 21.6 21.5 21.6 1970... 1971 ... 1972... 1973 ... 1974 ... 38,809 39,224 40,233 42,253 43,218 100.0 100.0 100.0 100.0 100.0 40.7 41.8 42.5 41.9 40.4 27.2 26.3 26.6 26.2 26.5 10.0 10.9 10.3 10.6 10.6 22.1 21.0 20.5 21.3 22.5 52.5 51.7 52.0 53.6 53.6 21.4 21.6 22.1 22.5 21.7 1975... 1976... 1977... 1978 ... 1979... 43,511 45,447 47,219 49,318 50,929 00.0 00.0 00.0 00.0 00.0 41.4 41.1 42.1 43.6 43.7 25.7 25.4 25.0 24.3 24.5 11.7 11.2 11.1 10.8 10.8 21.1 22.3 21.8 21.3 21.1 52.9 54.4 55.5 57.0 57.9 21.9 22.4 23.4 24.9 25.3 1980... 1981 ... 1982... 1983... 1984... 1985... 1986... 51,492 52,025 51,912 53,063 55,188 56,165 57,530 00.0 00.0 00.0 00.0 00.0 00.0 00.0 44.7 45.1 45.9 47.6 48.2 48.9 49.5 23.0 21.9 20.8 19.2 19.6 19.2 18.8 11.9 11.9 12.9 13.4 12.2 12.3 12.7 20.4 21.1 20.3 19.8 20.1 19.5 19.0 57.7 57.5 56.8 57.3 59.1 59.4 60.2 25.8 25.9 26.1 27.3 28.5 29.1 29.8 M en W o m e n 14 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Labor Force Activity from a Different Perspective million, but the number who reported full-schedule work rose by 10.5 million. The number of part-timers working all year also grew, although by only 700,000, while partyear employment, particularly among full-time workers, fell. Over the same 4-year period, a growing proportion of workers held full-schedule jobs, while the proportion of the total working population was also expanding. Com bining the two trends, the proportion of the working age population who worked year round, full time increased to 41 percent in 1986— significantly higher than earlier peaks of 39 percent in the late 1960’s, 1973, and 1979, and well above the recent low of 37 percent in 1982. Men’s work schedules have gradually declined, with proportionately fewer working and, of those, fewer working full schedules. However, between 1982 and 1986, their work schedules were expanded. The proportion working year round, full time rose from 49 percent in 1982 to 53 percent in 1986. Despite this rebound, the proportion of men with full-time, full-year employment was still well below the 60-percent high recorded in 1966. Women, however, have had an impressive growth in year-round, full-time work over the 20-year period. The proportion with at least some employment during the year rose from almost 50 percent in 1966 to 60 percent in 1986, while the percentage on full schedules among those working rose from 40 to 50 percent. Nearly 30 percent of the female population worked at year-round, full-time jobs in the mid-1980’s— almost half again more than the 20- to 22-percent proportions of the late 1960’s. Propor tionately fewer women now are working part time, and, most importantly, fewer are taking extended time off during the year. The upward trend has been so strong that the proportion of women on full schedules did not fall even during the last two recessions. 2. Women are becoming less and less likely to leave the work force for part o f the year (or on a seasonal basis). Of all women with jobs, more than three-fifths worked year round in 1986, up from about half in 1966. As the following tabulation shows, the long-term trend toward full-year work has been evident both among women who work full time (35 hours or more per week) as well as those who usually work part time. The growing tendency toward year-round work has also cut across all age groups, although it was greater for younger than for older workers. Percent of women working: Year round Part year Total Full time Part time Full time Part time 100.0 100.0 40.1 49.5 9.6 12.7 30.0 18.8 20.3 19.0 Table 2. Percent of population who worked and percent who did not work, by sex, age, and race, 1986 and 1966 P e r c e n t o f p o p u la tio n P e r c e n t o f p o p u la tio n w h o d id n o t w o r k w h o w o rk e d Age 19 6 6 19 8 6 19 6 6 19 8 6 W h ite B la c k W h ite B la c k 1 W h ite B la c k W h ite B la c k 1 67.1 92.4 94.5 84.5 22.0 37.5 76.8 86.5 77.1 16.4 75.9 93.8 98.4 93.2 35.3 67.3 90.1 97.1 88.4 34.1 32.9 7.6 5.5 15.5 78.0 62.5 23.2 13.5 22.9 83.6 24.1 6.2 1.6 6.8 64.7 32.7 9.9 2.9 11.6 65.9 64.6 83.1 77.4 59.2 10.0 36.6 64.5 75.3 60.0 10.0 59.8 69.8 52.4 53.8 13.4 48.9 67.2 66.3 65.2 20.8 35.4 16.9 22.6 40.8 90.0 63.4 35.5 24.7 40.0 90.0 40.2 30.2 47.6 46.2 86.6 51.1 32.8 33.7 34.8 79.2 M en 1 fi t n 1 Q 20 to 24 25 to 44 ..................................................................... ...................................................................... 65 and older W o m e n t n 1Q 20 to 24 25 to 44 ................................................................... ................................................................... A* t n fid 65 and older 1Data are for black and other racial minorities. Women have traditionally limited themselves to partyear work, often to care for their school-age children during the summer vacation months. But the proportion of women leaving the labor force to care for their children has been declining steadily. Since 1966, the proportion working full time, year round even though they had children of school age (6 to 17 years) has increased by 11 percentage points— to 49.6 percent. And there has been a growing tendency toward full-year work even among women with younger children, including those with toddlers under age 3. The increased stability of women’s labor force activity is also supported by the “gross-flow” data available from the monthly cps . Annual averages of these estimates, which compare the labor force status of people in 2 consecutive months, have been available since 1968. In that year, about 8 percent of women in the labor force in one month, and 3 percent of those who worked a full-time schedule, had withdrawn from the labor force as of the next month (departures). By 1986, these figures had fallen to 6 and 2 percent, respectively. Declines of almost the same magnitude are also evident in terms of “arrivals” — those not in the labor force in the previous month but who were in the labor force in the current month. The following tabulation shows the average monthly percent age of women both entering and leaving the labor force: Leaving labor force Entering labor force Worked full-time Total schedule Total Worked full-time schedule 7.0 5.4 2.3 1.5 7.9 5.7 2.8 1.7 The decline in the rate of mobility into and out of the labor force has been dominated by young women, particularly those ages 25 to 34, who are most likely to https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis have young children. The gross-flow data show that women are tending to stay in their jobs year round. 3. Adult black men, and young blacks o f both sexes, are far more likely than their white counterparts either to spend the entire year without a job, or when they worked, to work fewer weeks. Racial disparities in non work rates in 1986 were sharpest among the young. For example, almost onefourth of all black men ages 20 to 24 reported that they did not work at all in 1986, compared to fewer than onetenth of white men. (See table 2.) This gap has widened considerably since 1966, when the proportion not work ing in this age group was 10 percent for black and other minority races and 6 percent for whites.1 The widening gap was primarily the result of an increase in the nonwork rates for blacks, a pattern that was typical of almost all age groups of men. For women ages 20 to 24, the story was somewhat different. Although there was a wide racial discrepancy in the incidence of work for young women in 1986, it resulted more from a much-improved employment record for whites over the 20-year period than a worsening one for blacks. One might say, then, that young black women were not part of the surge in employment that affected most other groups of women. Teenage blacks experienced a dramatic decline in work activity over the two decades. In 1966, the nonwork rates of black teens of each sex exceeded those of white teens by 10 percentage points; by 1986, the gap had grown to 30 points. This large spread stems principally from an increased rate of employment for white teenage women and a drop in the black employment rate. The percentage of teenage men of both races with some employment fell over the two decades, but much more so for blacks. In 1986, a black male teenager was twice as 15 MONTHLY LABOR REVIEW September 1988 Table 3. Percent distribution of workers with employment, by work schedule, 1986 U s i ta lly fu ll tim e C h a r a c te r is tic U s u a lly T o ta l 5 0 -5 2 1-4 9 w eeks w eeks p a rt tim e M en White: 16 to 19 ye a rs .......... 20 to 24 ye a rs.......... 25 to 54 y e a rs .......... 55 years and older... 100.0 100.0 100.0 100.0 9.3 46.7 78.9 64.3 26.7 32.1 16.1 16.7 64.0 21.2 5.0 19.1 Black: 1 6 to 19 ye a rs.......... 20 to 24 ye a rs.......... 25 to 54 ye a rs.......... 55 years and older... 100.0 100.0 100.0 100.0 10.8 35.6 70.4 63.4 32.7 35.9 22.1 13.5 56.0 28.5 7.5 23.4 White: 1 6 to 19 ye a rs.......... 20 to 24 ye a rs.......... 25 to 54 ye a rs.......... 55 years and older... 100.0 100.0 100.0 100.0 7.1 39.6 56.0 47.2 18.3 27.4 17.1 14.1 74.6 33.0 26.9 38.8 Black: 16 to 19 ye a rs.......... 20 to 24 ye a rs.......... 25 to 54 ye a rs .......... 55 years and older... 100.0 100.0 100.0 100.0 5.5 29.2 62.9 47.3 22.9 32.7 20.7 16.6 72.3 38.2 16.4 35.9 W o m e n likely to have spent the entire year without a job as he would have in 1966. In the mid-1960’s, it was rare for a man to spend the entire year without working except for those in the youn gest and oldest age groups. By 1986, however, it had become more common even among men ages 25 to 44. Proportionately far more black men than white men spent all of 1986 without work. For example, among the 25- to 44-year-olds2— an age group in which most persons have completed their education and very few have a disability that would prevent them from working— 14 percent of black men were reported as not working at all during the year, compared with 6 percent of white men. (See table 2.) Among the men not working in 1986, a greater propor tion of blacks than whites cited the inability to find a job. This was particularly true for the 25- to 44-year-olds, where 1 of every 3 black nonworkers, as compared to 1 of every 4 whites, gave that as a reason. The overall effect of these job market problems on blacks is more than the differences these rates suggest, because, as stated earlier, a far larger proportion of blacks than whites reported not working at all. Differences in nonwork rates tend to disappear by age 55, although reasons for nonparticipation differ by race. Older black men were far more likely than white men to cite ill health or disability as their main reason for not working, while whites were more likely to cite retirement. While nonwork rates fall sharply as education increases, the racial difference in the proportions of nonworking men cannot be explained solely by the generally lower levels of 16 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Labor Force Activity from a Different Perspective education of blacks as compared to whites. In fact, at each level of education, from high school dropouts to college graduates, black men were more likely than whites to have been jobless the entire year. Only among adult women was there little racial differ ence in annual nonwork rates. White and black women ages 25 to 44 had virtually identical nonwork rates in 1986, at about 25 percent. The converse, of course, is that 75 percent of each group worked in 1986; in 1966, the work rates in this age group were 66 percent for black women and only 52 percent for whites. Racial discrepancies were also evident in the work schedules of persons who held jobs in 1986. In almost every age group, a much higher proportion of white than black men reported working full time year round. (See table 3.) The large majority of men ages 25 to 44 who worked part of the year (fewer than 50 weeks) listed job market difficulties or layoff as the reasons for not working a full year. Only among older men did whites record more part-year work than did blacks. As with the nonwork data, older white men were more likely than blacks to cite retirement as their reason for part-year work. Blacks were more likely than whites to cite health and job market factors. The patterns of work among women of both races were generally very similar in 1986. While the proportion of women in both races employed in year-round, full-time jobs was up sharply from 1966, the gain was greater for black women. 4. The numbers o f people employed and o f those unem ployed anytime during the year are much larger than those found in the monthly surveys. Unemployment was experi enced by 16 percent o f the labor force in 1986 versus an annual average unemployment rate o f 7.0percent. As mentioned earlier, estimates from the March work experience survey differ from the annual averages of the 12 monthly surveys. The reference periods are totally dif ferent and the manner in which persons are placed in the three labor force status categories also differs. The refer ence period for the work experience survey is the entire year, while that for each monthly survey is 1 week. More over, persons are not placed into mutually exclusive categories in the work experience survey as occurs in the monthly cps . For example, in the work experience data, an individual who was employed part of the year, unem ployed part of the year, and not in the labor force part of the year shows up in all three categories. In the monthly data, by contrast, all individuals are classified in a priority order, as either employed, unemployed, or not in the labor force each month; they can never be in more than one category. In 1986, almost 126 million persons worked all or part of the year, while the annual average employment level Table 4. Comparison of employment and unemployment data obtained from the March 1987 work experience supplement ________________ ______ __________ __________________ with those from the averages of the 12 monthly surveys P e rc e n t o f W o r k e d in C h a r a c te r is tic 19 8 6 as a E m p lo y e d a s p e rc e n t o f a p e rc e n t o f M a rc h 1 9 8 7 p o p u la tio n , p o p u la tio n 19 8 6 an n u al (W o r k E x p e rie n c e a ve ra g e s la b o r fo r c e R a tio o f M a rc h su rve y to a n n u a l a ve ra g e s R a tio o f w ith 1 w e e k U n e m p lo y m e n t o r m ore ra te , 19 8 6 u n e m p lo y m e n t an n u a l a v e ra g e s M a rc h su rve y to a n n u a l a ve ra g e s (W o r k E x p e rie n c e S u rve y) S u rve y) S e x a n d ag e 69.0 78.8 61.9 89.9 94.3 83.8 21.5 60.7 71.0 45.7 76.3 89.0 76.0 15.4 1.1 1.1 1.4 1.2 1.1 1.1 1.4 16.2 16.9 25.8 27.6 16.8 11.3 4.9 7.0 6.9 19.0 11.0 6.0 4.4 3.2 2.3 2.4 1.4 2.5 2.8 2.6 1.5 60.2 59.6 80.1 77.0 59.4 10.0 51.4 43.6 64.9 67.8 51.9 7.2 1.2 1.4 1.2 1.1 1.1 1.4 15.3 24.3 23.5 15.0 9.7 4.4 7.1 17.6 10.3 6.2 4.2 2.8 2.2 1.4 2.3 2.4 2.3 1.6 ...................................................................... 69.7 63.6 67.4 61.5 54.1 58.5 1.1 1.2 1.2 15.0 25.1 22.3 6.0 14.5 10.6 2.5 1.7 2.1 Men: White ............................................................................... 79.9 70.0 81.2 72.3 60.6 72.5 1.1 1.2 1.1 15.9 25.3 23.6 6.0 14.8 10.5 2.7 1.7 2.2 Women: White .......................................................................... 60.3 58.5 53.9 51.7 48.8 44.7 1.2 1.2 1.2 13.9 24.8 20.5 6.1 14.2 10.8 2.3 1.7 1.9 S e x , ra c e , a n d Both sexes: White H is p a n ic o r ig in Hispanic o rig in .......................................................................... from the monthly surveys was just under 110 million. Similarly, the work experience data show that 20.7 mil lion persons were unemployed sometime during the year; the average of the 12 monthly figures was 8.2 million. The proportion of the population age 16 and older who worked sometime in 1986, at 69.0 percent, was considera bly higher than the 60.7 percent annual average employment-population ratio. As shown in table 4, the higher the likelihood of year-round work, the closer the estimates from the two surveys will be. If all those with some employment in 1986 had worked every week of the year, the two series would be identical. On the other hand, if everyone had worked only 1 month, the ratio of the work experience survey employment numbers to those of the monthly data would be 12 to 1. Because the propor tion working year round, full time has risen over the years, the work experience-monthly average differences have narrowed slightly. In terms of unemployment, there is even greater turn over from m onth to month. In times of economic expansion, when unemployment duration is relatively short, there will be larger differences between total annual unemployment and average monthly unemployment, for example, a ratio of 2.2 in 1983, compared to 2.5 in 1986. Similarly, the ratio of the incidence of unemployment in https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis the March work experience survey to the annual average unemployment rate was 2.5 for whites and 1.7 for blacks. This indicates that blacks were unemployed more weeks during the year and were more likely to be picked up among the unemployed in the monthly surveys. In summary, both with regard to the measurement of employment and unemployment, the two surveys are com plementary, providing very different but useful perspectives on the work force. 5. Virtually all persons who experienced some unemploy ment also worked sometime during the year. In 1986, the proportion was nearly 90 percent. Much o f the joblessness was o f short duration, but 44 percent o f the unemployed were without work for 15 weeks or more. Of the 20.7 million persons with some unemployment, about one-fourth were jobless only 4 weeks or less (in cluding just under 1 million year-round workers with 1 or 2 weeks of unemployment). The probability of having only a short spell of unemployment was greater for whites, particularly white women, than for blacks, as shown in the following tabulation: 17 MONTHLY LABOR REVIEW September 1988 Labor Force Activity from a Different Perspective Percent o f unemployed Who also worked in 1986 Total........... White men ....... White women ... Black men........ Black women ... Hispanic men ... Hispanic women.......... Un Un employed employed 1 to 4 15 weeks weeks or more Un employed 40 weeks or more 88.5 93.1 87.5 83.5 73.1 93.2 24.2 22.0 30.6 16.9 18.3 17.4 44.0 45.8 37.2 53.5 51.4 54.3 10.2 10.0 7.3 16.0 16.2 12.6 83.4 27.1 40.5 8.3 At the other end of the joblessness spectrum, 44 per cent of those with unemployment were out of work for 15 weeks or more. As shown in the tabulation, there was more of such long-term unemployment among blacks than whites. Unemployment of 40 weeks or longer was reported for 16 percent of blacks and 9 percent of whites. As indicated earlier, the work experience and the basic c p s data complement each other in the analysis of em ployment and unemployment. Most importantly, the work experience data add another dimension to labor force behavior— that individuals can experience a range of work and nonwork situations over the course of a year. While the monthly data are more timely, and therefore provide the only measures for current analysis, the year long perspective provides an insight into long-term changes in work patterns not available elsewhere. □ FOOTNOTES■ 1 Data were not tabulated separately for blacks until 1972. In that year, blacks made up 90 percent of the black and other noninstitutional population. Data for 1966 to 1971 on blacks include both blacks and other minority races. i( 2 Available data for 1966 place 25- to 44-year-olds into a single “ central-age” category. 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, communications should be factual and analytical, not polemical in tone. Communications should be addressed to the Editor-in-Chief, M onthly Labor Review, Bureau of Labor Statistics, U.S. Department of Labor, Washington, DC 20212. 18 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Employer-sponsored vision care brought into focus Employee participation in vision care plans doubled from 1980 to 1986 in medium and large firms; coverage rose 150 percent for white-collar workers and 60 percent for blue-collar workers R ita S. Ja in In recent years, vision care has emerged as a prominent part of the health care package. Vision care benefits pro vide a variety of services to plan participants that are not usually covered by regular health insurance plans, such as eye examinations, eyeglasses, contact lenses, and orthop tics (eye muscle exercises). In an era when concern over rising premiums has prompted employers to add various “cost containment” features to their health care plans, the growth of vision care represents a significant benefit im provement. This article is based on data from the Bureau of Labor Statistics 1980-86 surveys of benefits for full-time em ployees in medium and large firms. The 1986 survey data were from a sample of 1,500 establishments, which repre sented approximately 46,000 business establishments employing 24 million workers.1 Data were tabulated for three broad occupational groups: professional and admin istrative workers, technical and clerical workers, and production workers. The first two groups are considered white-collar workers, in contrast to blue-collar or produc tion workers. efits Survey, vision care, wholly or partially financed by employers, was available to 40 percent of full-time em ployees in medium and large firms—nearly double the 21 percent recorded for 1980. Coverage rose 150 percent for white-collar workers and 60 percent for blue-collar workers during this period. Participation in vision care plans was relatively un changed from 1980 to 1982. B eginning in 1983, participation grew steadily, and by 1986, nearly twice as many workers had coverage as in 1980. Although bluecollar workers were more likely to have vision care benefits in 1980, the faster growth rate for white-collar workers put them on a par with their blue-collar counter parts by 1986. The following tabulation shows the percent of full-time health insurance participants with vision ben efits in medium and large firms between 1980 and 1986: Vision care plan participation, 1980-86 1980 1981 1982 1983 The mid-1980’s were years of rapid growth in vision care plan coverage. According to the 1986 Employee BenRita S. Jain is an economist in the Division of Occupational Pay and Employee Benefit Levels, Bureau of Labor Statistics. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Year All participants Professional and admin istrative Technical and clerical Production .... .. .... .. .... .. .... .. 21 22 22 28 16 17 18 25 17 18 19 24 25 26 25 32 1984 .... .. 1985 .... .. 1986 .... .. 30 35 40 26 32 39 26 33 41 33 37 40 19 MONTHLY LABOR REVIEW Table 1. [In percent] September 1988 • Employer-Sponsored Vision Care Benefits Participants in vision care plans by extent of coverage for selected benefits, medium and large firms, 1986 S u b je c t to s e p a r a te v is io n C o ve re d c a re lim its S u b je c t in f u l l u p T y p e o f v is io n b e n e fit To ta l C o ve re d to u s u a l, P o r tio n c u s to m a ry , o f u s u a l, and T o ta l S c h e d u le d a llo w a n c e r e a s o n a b le c u s to m a ry , and to Copaym ent Not not lim it c o ve re d d e te rm i o f h e a lt h n a b le c a r e p la n r e a s o n a b le c h a rg e C o ve ra g e o v e r a ll c h a rg e All participants: Examination.................................................... Eyeglasses...................................................... Contact le n s e s ............................................... O rtho p tics....................................................... 100 100 100 100 93 77 70 4 32 10 3 (1) 56 64 65 1 42 47 60 — 4 3 3 — 13 15 15 1 4 3 2 3 7 23 29 96 (1) (1) Professional and administrative participants: Examination.................................................... Eyeglasses...................................................... Contact le n s e s ............................................... O rtho p tics....................................................... 100 100 100 100 93 70 67 4 32 9 4 (D 56 57 61 1 39 42 54 4 3 3 — 14 13 13 1 6 3 2 3 7 30 33 96 (1) (D Technical and clerical participants: Examination.................................................... Eyeglasses...................................................... Contact le n s e s ............................................... O rtho p tics....................................................... 100 100 100 100 92 70 66 4 28 7 4 (D 59 59 61 2 42 44 56 — 3 3 3 — 15 13 13 2 5 5 1 2 8 30 34 96 (1) (D Production participants: Examination.................................................... Eyeglasses...................................................... Contact le n s e s ............................................... O rtho p tics....................................................... 100 100 100 100 92 85 75 3 34 12 2 (1) 55 70 69 — 44 51 66 — 4 3 3 — 10 18 18 — 3 2 3 3 8 15 25 97 (1) 0) — 'Less than 0.5 percent. Note : Because of rounding, sums of individual items may not equal totals. Dashes indicate no employees in these categories. Extent of coverage Approximately four-fifths of the participants received vision care benefits from their regular health insurance plan, and the remainder had benefits provided under separate vision care plans. Even for the former group, vision benefits typically were covered under special provi sions that were rarely coordinated with other health care benefits. Vision care plans cover such services as eye examina tions, eyeglasses (including frames), contact lenses, and orthoptics (exercises to improve the functioning of the eye muscles). Eye examinations provide the information needed for lens prescriptions and for the diagnosis of dis ease or injury. Treatm ent of eye disease or injury, however, is covered by regular health care plans rather than as a vision care benefit. (Some regular health plans cover contact lenses after cataract surgery or examina tions and eyeglasses required because of accidental injury or surgery.) Provisions for eye examinations covered 93 percent of vision care participants in 1986. Seventy-seven percent of the participants had provisions for eyeglasses, and 70 per cent for contact lenses. Only 4 percent, however, had coverage for orthoptics. Coverage differed among occupa 20 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis tions, as table 1 shows. Blue-collar workers were more likely to be in plans that paid for eyeglasses and contact lenses than were white-collar workers—a pattern that has remained essentially unchanged since 1980. Although participation in vision care plans has grown considerably since 1980, the proportion of participants in plans paying for eyeglasses and contact lenses has de clined. This is due less to changes in vision care plans themselves than to the increasing prominence of Health Maintenance Organizations ( h m o ’s).2 (Participation in h m o ’s rose from 2 percent of employees in 1980, to 3 percent in 1983, and to 13 percent in 1986.) In 1986, for example, three-fourths of the hm o participants were in plans that also provided vision benefits, compared with 28 percent of participants in other types of health insurance plans. Generally, hm o vision benefits included only eye examinations, while traditional insurers usually covered eyeglasses and contact lenses, as well as examinations. Thus, while the growth in hm o enrollment has contrib uted to the rise in vision care participation, it has caused the proportion of participants with coverage for eye glasses and contact lenses to decline. The following tabulation shows the changing mix of services provided by vision plans in 1980, 1983, and 1986: Percent of participants Table 3. Participants in vision care plans with scheduled allowances by provision for contact lenses, medium and large firms, 1986 Services covered 1980 1983 1986 Total...................................... .. Eye examinations only .............. Examinations and eyeglasses .... .. Examinations, eyeglasses, and contact lenses.................. Orthoptics only ......................... Other combinations of services .................................. 100 11 13 100 10 7 100 19 7 68 5 78 3 64 3 3 2 7 Allowance per examination........... Less than $ 2 5 ..................................................................... P e r c e n t o f p a r t ic ip a n ts h a v in g a llo w a n c e s p a y a b le u n d e r— c o n ta c t le n s e s Any O rd in a ry S p e c ia l c o n d itio n c o n d itio n s c o n d itio n s Total participants ........................................................ 10 0 10 0 10 0 Participants covered.......................... 10 0 81 10 0 93 81 1 3 — 15 43 — $ 5 0 - $ 7 4 ........................................................................................... 23 19 $ 7 5 - $ 9 9 ............................................................................................ 46 12 (1) 1 6 2 1 1 14 $ 2 4 - $ 4 9 ............................................................................................ Methods of reimbursement Vision care plans pay for covered services in one of four ways: (1) full or partial payment up to the usual, custom ary, and reasonable charge for the service (ucr );3 (2) payment according to a schedule (list) of cash allowances, which specifies the maximum amount payable for each type of service; (3) the copayment method, in which the participant pays the initial cost of each service and the plan pays the remaining portion; and (4) payment subject to overall health insurance plan deductible or coinsurance requirements.4 Table 2. Participants in vision care plans with scheduled allowances by provisions for examinations and eyeglasses, medium and large firms, 1986 A llow ance Percent of p articipants Eye examinations: Total participants...................................................................... Allowance per examination ................................................ $15 or le ss......................................................................... $ 1 6 -$ 2 0 ............................................................................. $ 2 1 -$ 2 5 ............................................................................. 100 89 3 8 48 $ 2 6 -$ 3 0 ............................................................................. $ 31 -$ 3 5 ............................................................................. $ 3 6 -$ 4 0 ............................................................................. $ 4 1 -$ 4 5 ............................................................................. $ 4 6 -$ 5 0 ............................................................................. Amount not determinable................................................ 8 4 12 3 2 (1) Allowance not on a per examination basis, or also applicable to other vision care expenses.......................... 11 Eyeglasses, per pair of single vision lenses: Total participants...................................................................... Allowance per p a ir............................................................... Less than $ 2 0 ................................................................... $ 2 0 ..................................................................................... $ 2 1 -$ 2 9 ............................................................................. 100 91 1 (D 4 $ 3 0 ..................................................................................... $ 3 1 -$ 3 9 ............................................................................. $ 4 0 ..................................................................................... $ 41 -$ 4 9 ............................................................................. $ 5 0 ..................................................................................... 1 7 21 9 6 $ 51 -$ 5 9 ............................................................................. $ 6 0 ..................................................................................... $ 61 -$ 6 9 ............................................................................. $70 or m o re ...................................................................... Amount not determinable................................................ 20 7 2 10 4 Allowance not on a per pair of eyeglasses basis, or also applicable to other vision care expenses............................ 9 'Less than 0.5 percent. Note : Because of rounding, sums of individual items may not equal totals. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 39 $ 1 0 0 - $ 1 4 9 .................................................................................. $ 1 5 0 - $ 1 9 9 .................................................................................. $ 2 0 0 - $ 2 4 9 .................................................................................. $ 2 5 0 or m o re .............................. Allowance not determinable .............. Other type of allowance2............... No specified m axim um .................. Participants not covered3 .................. (1) — (1) (1) 7 — - 1 — — 12 10 — — 40 — 21 19 - 'Less than 0.5 percent. b e n e fits were subject to a dollar limitation which applied to all vision care expenses during a year or other specified period. 3Coverage was limited to special conditions. Note : Dashes indicate no employees in this category. Because of rounding, sums of individual items may not equal totals. The methods used vary somewhat by type of service, as illustrated in table 1. About one-third of the participants were in plans that paid in full up to the ucr charge for eye examinations, while 10 percent were in plans that paid in full for eyeglasses. Contact lenses were rarely covered at the full ucr rate. Three to four percent of participants were in plans that paid a portion of the ucr rate, typically 50 or 80 percent. The most common method of reimbursement was through a schedule of maximum cash allowances. This method applied to about four-tenths of the participants for examinations and eyeglasses, and to 60 percent for contact lenses. Table 2 shows the range of payments that plan sched ules allowed for vision care services. Allowances for eye examinations were commonly set at $21 to $25 and rarely exceeded $40. Maximum payments for a pair of eyeglasses (frames and single vision lenses) ranged widely, but most commonly were $40 to $60. In plans covering about four-tenths of the participants, reimbursements for contact lenses depended on whether the lenses were required as a result of surgery. Maximum allowances were usually either not specified or set at $ 150 or more if lenses were needed after cataract surgery or other special conditions (table 3). Otherwise, allowances were lower, generally ranging from $25 to $100. In the remaining plans, maximum allowances were the same re gardless of surgery, and were usually set at $50 to $100. About one-sixth of the participants were under the co payment method of reimbursement. Essentially the 21 MONTHLY LABOR REVIEW September 1988 • opposite of the scheduled cash allowances method, copay ment arrangements pay the balance of covered charges after the employee has paid an initial amount of expense. Copayments ranged considerably, depending on the type of service provided, as illustrated in table 4. Participants were most often required to make a copay ment of $3 or $5 for each eye examination. Copayments for eyeglasses and contact lenses were commonly set at $5 per visit or $10 per prescription. About one-fourth of the participants in copayment plans were required to satisfy one copayment, usually an annual payment of $10, rather than a separate copayment for each use of vision care services. A few participants were subject to the reimbursement methods of the regular health care plan. In these cases, two types of reimbursement provisions usually applied. First, vision care expenses were included along with other types of medical expenses in meeting an overall deductible (a specified amount of medical expense that an insured person must pay before benefits will be paid by the plan). Second, the participant paid a specified percentage (usu ally 20 percent) of the charges for covered services that exceeded the deductible, and the plan paid the rest. Special plan limits Most vision care plans imposed limitations on how fre quently covered services would be reimbursed. Participants in a plan were commonly limited to one eye examination per Table 4. Participants in vision care plans with copayment provisions, by type and amount of copayment, medium and large firms, 1986 P e r c e n t o f p a r t ic ip a n ts C o p a y m e n t p ro v is io n Eye e x a m in a tio n s Tota l.................................. 100 Per v is it............................................ $ 1 ............................................. $ 2 ............................................. $ 2 .5 0 ........................................ $ 3 .............................................. $ 4 .............................................. 70 4 5 $ 5 ............................................. $ 7 .5 0 ........................................ $ 1 0 ............................................. $ 1 5 ............................................. $ 2 0 ............................................. More than $ 2 0 .......................... 35 1 7 2 3 E y e g la s s e s C o n ta c t le n s e s 100 100 35 — (1) (1) 1 1 11 2 1 (1) 34 — — 1 — 23 1 5 2 2 (1) 24 1 5 1 2 (1) Per prescription .............................. $5 ............................................... $7.50 ......................................... $ 10.00 ......................................... More than $ 1 0 ............................. _ — — — Per ye a r............................................ Less than $ 10 ............................ $ 1 0 ........................................... $ 1 5 ........................................... 28 2 23 3 23 1 19 2 23 1 20 2 Other period .................................... 2 2 2 — 41 1 7 32 1 41 2 7 32 (1) 'Less than 0.5 percent. Note : Dashes indicate no employees in this category. Because of rounding, sums of individual items may not equal totals. 22 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Employer-Sponsored Vision Care Benefits 6- or 12-month period and to one set of lenses per 1- or 2-year period. Other special limits also applied. Most plans did not cover the extra cost of oversized, photosensitive, or multi focal plastic lenses; nor did they cover prescription sunglasses or duplicate glasses. As noted previously, some plans did not cover contact lenses unless required by cataract surgery. Employee contributions to plan premiums Four-fifths of the participants in vision care plans had the benefits provided through their regular health insur ance plan. Although reimbursement methods and benefit limits generally applied separately to the vision care por tion of the plan, employee premium payments were usually specified for the health care plan as a whole. In these cases, it was impossible to determine how much, if any, of the employee premium was intended to help fi nance the cost of vision care. As the following tabulation shows, total employee premium payments differed little when plans with vision care benefits were compared with those without such benefits: Regular health plans Without vision care benefits With Separate vision care vision care benefits plans In d iv id u a l co verage P e rc e n t o f p a rtic ip a n ts in: N o n c o n trib u to ry p la n s .. .. A v erag e m o n th ly em ployee c o n trib u tio n .. .. F a m ily co verage P e rc e n t o f p a rtic ip a n ts in: C o n trib u to ry p l a n s ........... .. N o n c o n trib u to ry p la n s .. .. A v erag e m o n th ly em ployee c o n trib u tio n .. .. 41 59 36 65 11 89 $12 $14 $ 8 63 37 48 52 14 86 $42 $40 $15 h vision care benefits less likely to require employee contributions than plans without such benefits, but monthly premiums on average were about the same regardless of the presence of vision benefits. In contributory plans, employee are required to con tribute toward plan premiums. In noncontributory plans, premiums are fully financed by the employer. Average monthly employee contributions were computed only for plans that specified a fixed monthly premium for the em ployee. Approximately one-fifth of the vision care participants had their benefits provided under special vision care plans. Of these employees, about one-tenth contributed toward the cost of their coverage. Monthly premium pay ments for individual coverage averaged about $8, while contributions for family coverage amounted to about $15. (These data, however, apply to a very small number of employees and are subject to higher than normal sample error.) □ -FOOTNOTES 'T he 1986 survey results are reported in Employee Benefits in Medium and Large Firms, 1986, Bulletin 2281 (Bureau o f Labor Statistics, 1987). The survey is part of a series of annual studies conducted from 1979 to 1986 in private sector establishments employing at least 50, 100, or 250 workers, depending on the industry. Industrial coverage includes: min ing; construction; m anufacturing; transportation, comm unications, electric, gas, and sanitary services; wholesale trade; retail trade; finance, insurance, and real estate; and selected services. The 1980-85 results are reported in the following b l s bulletins: 1980 survey (Bulletin 2107); 1981 survey (Bulletin 2140); 1982 survey (Bulletin 2176); 1983 survey (Bulletin 2213); 1984 survey (Bulletin 2237); and the 1985 survey (Bulle tin 2262). 2Health M aintenance Organizations provide comprehensive health care on a prepayment rather than fee-for-service basis. For additional https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis information on h m o s , see Allan Blostin and William Marclay, “ h m o s and other health plans: coverage and employee premiums,” Monthly Labor Review, June 1983, pp. 28-33. 3The usual, customary, and reasonable rate ( u c r ) is a rate that is: not more than the provider’s usual charge; within the customary range of fees in the locality; and is reasonable, considering the circumstances. 4The deductible is a specified amount of medical expense that an insured person must pay before benefits will be paid by the plan. Coin surance is a provision where both the (insured) participant and the insurer share, in a specified ratio, the health care expenses resulting from an illness or injury. The coinsurance percentage is the portion of charges paid by the insurer. Is the 40-hour week immutable? Most workers—women as well as men—have a strong work commit ment, typically asserting that they would continue to work even if it were financially unnecessary to do so. But this psychological commitment to work is not always reflected in the work histories of women, who move in and out of the labor force and between full-time and part-time jobs as a consequence of their changing family responsibilities. Permitting workers to tailor their working hours to their family circumstances would both reinforce their work commitment and contribute to the development of a more productive and satisfied labor force. Much of the stress experienced by parents—mothers and fathers—is a consequence of the existing structure of work. But the 5-day, 40-hour workweek need not be considered immutable. Indeed, this “normal” work schedule is itself a fairly recent phenomenon, dating back only to the 1930’s. Employment policies offering greater flexibility in working hours through both temporary leaves and a reduction in work hours could substantially alleviate the conflicts and strains working parents now face. — P h y l l is M oen “New Patterns of Work,” Work & Family: A Changing Dynamic (Washington, The Bureau of National Affairs, 1986), p. 219. 23 An evaluation of bls projections of the 1985 economy Evaluation o f b l s projections o f 1985 employment shows their sensitivity to underlying population, labor force, and productivity estimates; it also shows their accuracy is similar to past projections Jo h n T sc h e t t e r The Bureau of Labor Statistics regularly prepares projec tions of the growth of gross national product ( g n p ) and industrial output and employment for the U.S. economy. These projections are a framework for the Bureau’s occu pational projections program. They also serve as a framework for analysis of other issues. This article evalu ates b l s projections for 1985,1 and is the final step in the projections program at the Bureau.2 This final evaluation is an important process. Without it we cannot quantify the limits of our projected data but can only describe them in general terms. The Bureau has published projections of the 1985 econ omy on three separate occasions: 1973, 1976, and 1978. As seen in the following tabulation, the 1973 and 1976 projections underestimated the level of 1985 total em ployment. In contrast, the 1978 projections overestimated employment. Difference from actual: Employment (millions) Percent Level (millions) Framework for the evaluation P ro je c te d in— 1973 ................................. 109.9 - 1 .8 - 2 .0 1976 ................................. 109.7 - 1 .9 - 2 .1 1978 ................................. 113.9 1.8 2.0 A c tu a l 1 9 8 5 ..................... 111.9 — — John Tschetter, an economist, was formerly with the Office of Economic Growth and Employment Projections, Bureau of Labor Statistics. 24 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The 1973 and 1976 projections underestimated both the level of the 1985 population (16 years and older) and the level of labor force participation. A low estimate of the 1985 unemployment rate offset somewhat the population and labor force errors. The error for the 1978 projections reflects an underestimate of the unemployment rate and an overestimate of the labor force, which offset somewhat the total 1978 error. b l s prepares projections of the labor force, total eco nomic activity, industry output and employment, and occupational employment. A forthcoming article in the Monthly Labor Review will evaluate the projections of the 1985 labor force. This article evaluates the projections of 1985 g n p and industry employment and describes the size of the projection errors for g n p and employment by major industries. It also describes some of the factors contributing to these errors. However, for the projections of industry employment, it is possible only to calculate the size of the errors. The 1973 b l s projections of the U.S. economy esti mated economic growth for the 1972-85 period; the 1976 projections were for the 1973-85 period; and the 1978 projections were for the 1977-85 period, b l s projections describe what the economy might look like in 10 to 15 years, and are designed to capture secular rather than cyclical changes. The projections, in turn, reflect the re- suits from economic models as well as specific judgments concerning key variables such as growth of the labor force, fiscal policy, labor productivity, and unemploy ment.3 To emphasize the uncertainty of projections, bls has developed three alternative projections or scenarios— high, middle, and low. Each in turn incorporates a num ber of alternative judgments concerning labor force, fiscal policy, labor productivity, and unemployment. The pro jections reviewed here are the middle scenarios from the three projection efforts. Data revisions, as usual, complicate this evaluation. The definitions and conventions for classifying industries in the Standard Industrial Classification (sic) system have changed. The 1973 and 1976 projections used the 1967 sic. The 1978 projections and the actual 1985 data used the 1972 sic. Because of this and other changes, we cannot directly compare the projected values, as origi nally published, with the actual 1985 values. To solve this problem, this evaluation applies the projected trends to the revised historical data series to obtain “revised” pro jected 1985 values consistent with the new classification system. In essence, the “jumping off point” was revised for each projection to reflect data revisions. However, the projected trends for each detailed series remained un changed. models currently used by bls and other forecasters. How ever, all macroeconomic model work is similar in the manner in which it provides a framework for the prepara tion of a consistent set of projections for a given set of assumptions and goals. In the Thurow model, the key equation for the supply g n p was the production function which estimated the level of private g n p , given the labor and capital resources available to the private sector. The demand section related personal consumption, investment, government, and net foreign trade to personal income, profits, and other in come variables. The income section was oriented toward personal income, which was determined by social insur ance contributions, transfer payments to persons, and other taxes; by supply g n p ; and by other variables. In the next section, we review the results of the bls projections of the aggregate economy based on the variables in the supply block of the Thurow model. Supply g n p . As seen in the following tabulation, each projection overestimated the level of real g n p (in 1982 dollars): Difference from actual (billions) Percent Level (billions) P ro je c te d i n — 1973 ................................. $4,405 22.1 $797 Review of the projection errors 1 9 7 6 ................................. 4,152 15.1 544 The following sections describe the errors in the three sets of bls projections. They are reviewed and discussed in the sequence in which bls developed them. The basic principles underlying bls procedures used to develop pro jections have remained constant over the years, but many changes in procedure have been made as new data series became available and as statistical tools improved. Thus, if the reader is familiar with current bls methodology, he or she is also relatively familiar with the methodology for the projections being evaluated here. The first several steps of the bls projection procedure involve estimates of the aggregate economy or g n p . An other set of steps involves estimates of industry level activity. The g n p estimates reflected groups of assump tions about five major economic factors— fiscal policy, demographics, productivity, unemployment, and prices. For the projections evaluated here, bls used the Thurow macroeconomic model. This model, like any macroeco nomic model currently used, is basically a set of equations that correlate different aspects of the economy with each other. The Thurow model, which was developed in the late 1960’s, divides the economy into three distinct but related blocks: supply g n p , total income, and demand g n p . Estimates of supply g n p , demand g n p , and total income were developed simultaneously. The specific equa tions used in the Thurow model differ substantially from 1 9 7 8 ................................. 4,017 11.3 A c tu a l 19 8 5 ..................... 3,608 — https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis gnp 409 — The trends for real g n p were overestimated in each projection. Further, the differences between the projected and actual trends are similar. The percent errors for the g n p estimates were different only because the projections covered different time spans— 13, 12, and 8 years, respec tively. Year published Period covered 1973 ............ 1976 ............ 1978 ............ Annual percent change in gnp -------------------------------------------------- Projected Actual Difference 1 9 7 2 -8 5 4.1 2.7 - 1 .4 1 9 7 3 -8 5 3.5 2.3 - 1 .2 1 9 7 7 -8 5 3.9 2.5 - 1 .4 The large errors for supply g n p reflect bls ’ projected productivity trends. In each case, bls projected that pro ductivity in the nonfarm sector would accelerate slightly from the historical trend. In each instance, the actual productivity growth was slower than the historical growth. In the 1973 and 1976 projections, bls underesti mated employment growth which, in turn, partially offset the productivity errors in the supply g n p estimates. In the 1978 projections, bls overestimated total employ ment growth, which added to the error resulting from the high productivity estimate. 25 MONTHLY LABOR REVIEW September 1988 • Demand GNP. In the demand section, projections were made of personal consumption expenditures, investment expenditures, government expenditures, and net foreign trade. Each projection underestimated personal consumption expenditures as a proportion of g n p . The largest error occurred in the 1973 projections. At that time the pro jected share for 1985 was 62.3 percent of g n p but the actual 1985 share would be 65.2 percent, bls had ex pected personal consumption expenditures as a share of total g n p to decline slightly from what was then a post war high. It was argued that the large 1972 share was related to the economy being near the peak of a business cycle and was not related to longer term trends. Over the 1972-85 period, however, personal consumption expend itures rose from 62.2 percent of g n p to 65.2 percent, a proportion that was again a record high. The projections were also incorrect in their estimates of the role of foreign trade in the 1985 economy. The share of imports was consistently underestimated in each pro jection. The errors in the share of projected exports were small. For example, the 1973 projection error for exports was only 0.2 percentage point (a 10.3-percent share com pared to an actual 10.1-percent share). Between 1972 and 1979, exports as a share of g n p increased 2.7 percentage points; between 1979 and 1985, the export share declined by 1.1 percentage points. The export share fluctuated partly because the value of the dollar fluctuated. Finally, bls had difficulty projecting government’s share of g n p . For example, the 1973 projections underes timated Federal Government expenditures as a share of g n p by 1.4 percentage points and overestimated the State and local government share. In 1973, bls projected that the growth of defense expenditures would be modest after the end of the Vietnam war, and bls did not anticipate the growth in defense expenditures during the late 1970’s and the early 1980’s, bls expected State and local government expenditures to continue increasing as a share of g n p over the 1972-85 period, although not as rapidly as dur ing the 1955-72 period. However, the State and local government share declined over this period as these gov ernment units faced budget problems which limited the growth of expenditures. The largest errors in the 1973 projections of final de mand shares of GNP were for personal consumption expenditures (a 2.9-percentage point underestimate), State and local government (a 2.4-percentage point over estimate), Federal Government (a 1.4-percentage point underestimate), and imports (a 1.2-percentage point un derestimate). (See table 1.) The largest errors in the 1976 projections were for per sonal consumption expenditures (a 1.5-percentage point underestimate), Federal Government (a 1.9-percentage point overestimate), and State and local government (a 1.4-percentage point overestimate). 26 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Evaluation o f Table 1. 1985 b l s ’ Projections o f the 1985 Economy Distribution of projected and actual final demand, [In percent] P r o j e c t e d in — A c tu a l C a te g o ry 19 73 19 76 19 78 19 8 5 Gross national product.... 100.0 100.0 100.0 100.0 C onsum ption.......................... Durable g oods...................... Nondurable goo d s............... S e rvice s................................ 62.3 7.5 24.0 30.8 63.7 — — 64.6 9.5 24.0 31.1 65.2 9.8 23.5 31.9 Investm ent.............................. Nonresidential structures.... Producers' durable equipm ent............................ Residential inve stm e n t....... Inventory c h a n g e ................. 18.1 4.7 18.3 4.3 19.0 3.5 17.6 4.1 7.3 4.9 1.2 7.9 5.0 1.1 7.8 5.8 1.9 8.4 4.8 .2 Net e x p o rts............................. Exports.................................. Im ports.................................. - 1.6 10.3 -1 1 .9 -1 .7 10.6 -1 2 .3 - .6 9.9 - 1.6 -3 .0 10.1 -13.1 G overnm ent............................ Federal.................................. State and lo c a l..................... 21.2 7.6 13.6 19.7 7.1 12.6 17.0 6.3 10.6 20.1 9.0 11.2 — Note : Estimates are based on 1982 dollars. Dash indicates detail not available. In 1978, the largest projections errors were for imports (a 2.5-percentage point underestimate), investment (a 1.4percentage point overestimate), and Federal Government (a 2.7-percentage point underestimate). Output by major industry. The next several steps of the bls projections program involve projections of industry activity rather than projections of aggregate g n p using the macroeconomic model. Projections of industry activ ity are based on input-output and industry productivity models. In the first step of the industry projections, the final demand projections are combined with projections of industry technologies (based on input-output analysis) to yield industry output projections. The industry output estimates are, in turn, used to make projections of value added or gross product originating by major industries. For each projection, the errors in projecting the share of g n p by major industry were usually modest (at least in comparison to the errors in projecting final demand shares of g n p ). The largest errors generally occurred in the 1978 projections. Service industries were projected to account for 13.1 percent of g n p in 1985, while their ac tual share was 15 percent. (See table 2.) The source of this error is difficult to determine precisely, but it was offset by overestimates in mining and construction. However, bls substantially underestimated (by nearly half) the growth of business services while overestimating the growth of medical services. The error might also be re lated to bls projected input-output coefficients. The input-output errors cannot be determined, inasmuch as consistent historical and projected input-output tables are not available. The projected share for transportation in dustries was 4.7 percent in 1978; the actual share was 3.5 percent. The error in projecting manufacturing’s share was only 0.2 percentage point. For the 1973 projections, the largest errors, or differ ences between actual and projected shares of g n p , were usually less than 1 percentage point. For example, the projected share for retail trade was 8.8 percent of g n p ; the actual share was 9.5 percent. The projected share for construction was 5.3 percent of GNP; the actual share was 4.6 percent. Labor productivity. bls also projects labor productiv ity— output per hour—by industry. For each of the three projection periods, two labor productivity projections were made. First, bls projected labor productivity in the private nonfarm sector to accelerate modestly compared to the historical trend. Second, for each major industry, projected productivity trends were developed that were similar to the historical trends. For example, in the 1973 projections, labor productivity growth in the nonfarm sector was projected at 2.9 percent per year over the 1972-85 period. During the historical period, the growth was 2.5 percent per year. (For 1973 projections, the his torical period was the 1955-72 period). The projected growth of manufacturing productivity was 2.7 percent per year over the 1972-85 period, compared to 2.8 percent per year over the 1955-72 period. In each instance, the actual nonfarm economy productivity growth trends turned out to be substantially slower than the historical trends. The similarity between historical and projected trends held only for manufacturing industries as a group. The productivity trends for nonmanufacturing industries as a group also slowed substantially compared to histori cal trends. Table 2. Distribution of projected and actual gross product originating, by major industry, 1985 19 76 19 78 19 8 5 Gross national p ro d u ct..... 100.0 100.0 100.0 100.0 Goods-producing sector: Agriculture............................. M ining.................................... C onstruction......................... M anufacturing...................... 1.8 3.5 5.3 22.1 2.1 4.1 5.6 22.5 2.2 4.2 5.4 22.1 2.6 3.6 4.6 21.9 Service-producing sector: Transportation...................... C om m unication................... Public u tilitie s........................ Wholesale trade................... Retail trade............................ Finance, insurance, and real estate............................ S e rvice s................................ Government enterprises...... General governm ent........... 4.7 2.5 2.9 6.9 8.8 4.7 2.3 3.3 6.9 9.5 4.7 2.5 2.8 7.2 9.6 3.5 2.6 2.9 7.5 9.5 15.0 14.7 1.3 9.3 14.3 13.3 1.3 9.8 14.9 13.1 1.4 9.0 14.5 15.0 1.2 9.8 Statistical discrepancy, rest-of-w orld........................ 1.2 .3 .9 .8 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Period covered Projected Actual Difference A c tu a l In d u s try 19 73 Total employment. Included in the bls projection pro gram are estimates of total employment, employment by major industry, and employment by detailed industry. (The last element in the bls projections program is the projection of employment by occupation. It is not possible to evaluate 1985 occupational projections because in 1982 an entirely new system of occupational classification was put in place.) As noted in the introduction, bls underestimated 1985 employment in the 1973 and 1976 projections and overes timated employment in the 1978 projections. Thus, bls underestimated the growth of total employment in the 1973 and in the 1976 projections and overestimated em ployment growth in the 1978 projections. The following tabulation shows the projected and actual annual growth rates in total employment for each of the three projection periods: Year published [In percent] P r o j e c t e d in — These two errors cannot be explicitly documented be cause required data were not published by bls . The point, however, can be made with actual trends. For the 1973 projections, bls assumed that productivity trends for the 1955-72 period would essentially continue over the 1972-85 period. Over the 1959-72 period, productivity in the nonfarm business economy increased 2.3 percent per year and in the manufacturing industries, 2.5 percent per year. However, over the projected period, 1972-85, pro ductivity in the nonfarm economy grew only 0.9 percent a year, or 1.4 percentage points less than during the refer ence period. Manufacturing productivity grew 2.6 percent per year over the 1972-85 period, or only 0.1 percentage point more than during the reference period. Productivity growth for nonfarm industries as a group slowed over the projected period, bls did not incorporate this trend in its 1973 projections. Similar errors occurred for the 1976 and 1978 projections. 1 9 7 3 ....... 1 9 7 2 -8 5 1.8 2.0 -.2 1 9 7 6 ....... 1 9 7 3 -8 5 1.7 1.8 - .1 1 9 7 8 ....... 1 9 7 7 -8 5 2.2 2.0 .2 These modest differences between the projected and ac tual growth in each of the three periods reflect substantial offsetting errors in the projection of population, labor force participation rates, and the unemployment rate. The 1973 and 1976 projection errors were further offset be cause an overestimate of the number of persons holding two jobs or more reduced the total error. For each of the three projection periods, population growth among persons age 16 and older was underesti mated by the Bureau of the Census. The error for the 1973 and 1976 projections was 8 million persons. The error for the 1978 projections was 5 million persons. These errors 27 MONTHLY LABOR REVIEW September 1988 • were, in part, related to the substantial adjustment to population estimates as a result of the 1980 Census of the Population. The population errors were also partially re lated to an underestimate of the level of net migration during the 1980’s. bls underestimated the level of female participation in the labor force in the 1973 and 1976 projections. In its 1973 initial projections of the 1985 labor force, bls as sumed that the large increase in female labor force participation which occurred in the early 1970’s would not continue to the same extent in the 1980’s. However, in its 1978 projections, bls finally accepted the rapidly ris ing female labor force participation rate as a long-term phenomenon. bls also assumed that the economy would operate with relatively full employment over time in each of three pro jection periods. The 1973 projections estimated the 1985 unemployment rate at 4 percent; the 1976 projections at 4.5 percent; and the 1978 projections at 4.7 percent. The actual 1985 unemployment rate was 7.2 percent. Major industries. Employment has been shifting from goods-producing industries to service-producing indus tries over the past decade. While bls projected this shift, the size of the shift was underestimated in each of the three projection periods. In 1973, the projected 1985 share of total employment accounted for by goods-pro ducing industries was 3.6 percentage points higher than the actual share; in 1976, it was 2.4 percentage points greater; and in 1978, it was 2.6 percentage points greater. (See table 3.) Among the major industries, the share of total employ ment was overestimated for manufacturing and State and local government and underestimated for services. In the Table 3. Projected and actual employment, 1985 [Percent distribution] Actual Projected in — Industry 1973 1976 1978 1985 All in d u strie s..................... 100.0 100.0 100.0 100.0 Goods-producing................... Agriculture............................. M ining.................................... C onstruction......................... M anufacturing...................... 30.0 2.0 .6 5.1 21.6 29.1 2.3 .7 5.5 20.6 29.3 3.0 .9 5.1 20.3 26.7 2.9 .8 5.4 17.6 Service-producing.................. Transportation...................... Communication ................... U tilities.................................. Wholesale trade................... Retail trade........................... Finance, insurance, and real estate............................ S e rvice s................................ Private households.............. 69.7 3.0 1.2 .7 4.8 14.9 70.9 2.8 1.3 .8 4.8 15.3 70.7 3.0 1.2 .7 5.1 17.2 73.3 3.0 1.2 .8 5.4 16.9 5.3 19.8 1.8 5.4 20.3 .8 5.3 20.4 .9 5.8 22.3 1.1 1.9 2.7 1.9 2.6 1.8 2.5 2.0 2.6 14.7 15.0 12.3 12.1 Government: Armed F o rce s ...................... Federal G overnm ent........... State and local governm ent......................... 28 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Evaluation o f b l s ’ Projections o f the 1985 Economy 1973 projections, as an illustration, the projected increase in manufacturing employment was 4.2 million jobs over the 1972-85 period. However, the actual increase in man ufacturing employment was only 200,000 jobs. The errors occurred in part because bls overestimated the projected output trends in manufacturing industries and underestimated the trends in service industries. These output errors in turn reflect other errors in the projec tions. bls could not anticipate the severe 1981-82 recession and the subsequent slow recovery over the 1982-85 period, or the adverse •foreign trade develop ments of the 1980’s. These two related phenomena particularly affected manufacturing output and employ ment trends. The errors in projecting the distribution of employment in 1985 also occurred because of errors in projecting pro ductivity growth for the detailed industries. For each of the three periods, the projected productivity growth in the service sector was greater than the actual growth. In the 1973 projections, bls assumed that productivity growth in the service industries would nearly match that in the manufacturing industries. However, the actual pro ductivity growth for these sectors has not been similar. Over the 1972-85 period, manufacturing productivity grew 1.7 percent per year, while services productivity grew very little, if any. These productivity errors were the largest for the 1973 projections. Detailed industries. BLS also projects employment among the detailed industries. For 1973, the average projected increase in industry employment was 1.6 percent per year over the 1972-85 period. The average actual increase was 0.8 percent per year, just half of the projected average trend. (See table 4.) For the 1976 projections, the differ ence between the average projected and actual trends was only 0.5 percentage point per year. For the 1978 projec tions, the difference was the largest, 1.8 percentage points per year. We can review the accuracy of these projections in other ways. For about two-thirds of the industries in the 1973 and 1976 projections, the errors were relatively small, less than 2 percentage points per year above or below the ac tual trends. For the 1973 projections, the errors were relatively small for 57 of the 101 industries, and the same was true for 62 of the 101 industries in the 1976 projec tions; for the 1976 projections, the errors were relatively small for only about two-fifths of the industries evaluated here, or 55 of the 123 industries. Another issue is whether BLS correctly projected the direc tion of change. Had employment increased or declined in all the industries where bls projected increases or declines? In the 1973 projections, the direction of employment change was correctly projected for 65 of 101 industries; in the 1976 projections, the direction was correct for 64 of the 101 Table 4. Projected and actual industry employment trends to 1985 and selected error estimates from the 1973,1976, and 1978 projection rounds [In percent] P r o j e c t e d in — Ite m 19 73 19 76 19 78 Average trends: P ro je cte d ................................................... Actual.......................................................... D iffe re n ce .................................................. 1.6 .8 .8 1.2 .7 .5 0.2 1.8 1.8 Average absolute error: Jobs (thousands)....................................... Percent e rro r.............................................. 177 30.5 151 25.4 97 23.8 Annual trends: Unweighted ............................................... Weighted ................................................... Squared...................................................... 2.0 1.5 6.4 1.9 1.4 5.8 2.9 1.5 14.6 industries; and in the 1978 projections, it was correct in 67 of 123 industries. There are other measures for reviewing industry projec tion errors. Average percentage errors allow positive errors to offset negative errors. An alternative is the average abso lute percentage error or the error without regard to sign. With this alternative, positive and negative errors are not offset. A third statistic is a weighted average percentage error. It weights the individual absolute percentage errors by the employment size of each industry. By weighting the errors, this third statistic emphasizes the errors of the larger industries. A final statistic is the root mean squared error. It is the average of the individual percentage errors after the errors have been squared. This fourth choice em phasizes extreme errors. The average absolute error (unweighted) for the 1973 projection was 2.0 percentage points per year across all the industries in the private economy over the 1972-85 pe riod. As a result, projected employment levels, on average, were about 30.5 percent higher or lower than the actual employment levels. In each of the three projection periods, the detailed errors declined when industry size was considered. For the 1978 projection, the average absolute error declined from 2.9 percentage points per year to 1.5 percentage points per year when the errors were weighted for industry size. Finally, there were many large errors in each of the three projection periods. In the 1976 projections, the aver age of individual errors without regard to sign was 1.9 percentage points per year. When the individual errors are squared, the average of individual errors rises sharply to 5.8 percentage points per year. The greatest errors over the three projection periods, at the individual industry level, occurred for ore mining, blast furnaces, and farm machin ery. (See table 5.) Industry projections Industry projections are the results of many steps, all of which may contribute to an error in projections. The fol https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis lowing discussion covers some of the difficulties in project ing a specific trend for a specific industry. In its projections, bls has always highlighted the fastest growing industries. In each of the three projection periods, bls included computer and peripheral equipment and business services among the five fastest growing industries. Indeed, these two industries were the fastest growing for the respective periods. Nevertheless, bls still underesti mated their growth—by an average of 2 percentage points per year for computers and 2.9 percentage points per year for business services. These errors are similar to the aver age errors for all industries. They highlight the difficulty of projecting trends that are considerably above average. Industries affected by imports pose other problems. The motor vehicles industry is one that has received con siderable attention. In the 1973 and 1978 projections, bls overestimated the growth of this industry. In 1973, bls projected modest employment growth for the industry for the 1972-85 period, during which employment in the industry actually remained unchanged. But the 1973 error was below the average for all industries. In 1978, bls projected considerable employment growth for this indus try for the 1977-85 period when, in fact, employment in the industry would decline. But the 1978 error was above the average error for all industries. However, in 1976, bls projected employment in the industry to decline over the 1973-85 period and employment did decline, but slightly less than bls projected. The average error for the motor vehicles industry across the three projection periods was typical for all industries. The iron and steel industry also has received considerable attention. In each of the projection periods, employment in blast furnaces and basic steel products and in iron and steel foundries was projected to grow modestly when, in fact, employment declined. The economic scene Several major economic events occurred during the late 1970’s and early 1980’s that had an effect upon the projec tions process. Energy prices and interest rates fluctuated widely. The Federal Government operated in substantial deficit and the U.S. trade imbalance grew significantly while labor productivity growth slowed. At the same time, the value of the U.S. dollar also fluctuated and the Nation experienced two recessions. The magnitude of these changes highlights the uncertainty inherent in projecting employment trends over an 8- to 12-year period. Error sources Employment. This section focuses on the contribution of the errors of individual variables to the error in pro jected total employment. To what extent were the projections of total employment wrong because the pro jections of one of the component variables such as the 29 MONTHLY LABOR REVIEW Table 5. September 1988 • Evaluation o f b l s ’ Projections o f the 1985 Economy Errors In estimates of 1985 industry employment from the 1973,1976, and 1978 projections rounds [Percentage points] A ve ra g e P r o j e c t io n y e a r A ve ra g e P r o j e c t io n y e a r a b s o lu te a b s o lu te 19 73 Agriculture................................................. Ore mining................................................. Crude petroleum........................................ Stone and clay mining............................... Construction............................................... Guided missiles......................................... Meat products............................................ Dairy products............................................ -3 .1 5.9 - 1 .0 -7.6 1 .2 -.6 1 1 0 .6 5.0 10.9 1.9 7.3 6 .1 2 .6 .8 -3.1 .7 4.9 -.0 -.6 -.4 4 -3.3 -4.5 -7.8 -3.9 .4 .8 2 .0 .2 -1.7 .8 .5 .5 .5 .5 5 - .1 3.5 2.4 .4 3.5 1.4 5 5 7 31 19 -.1 -.1 -.1 - .1 - 1 - -.0 .9 1 2 .1 7 .4 30 51 3 .3 14 1 .0 .4 1.4 .2 .5 .9 .6 3.2 2 .8 25 30 2 .8 51 40 4.2 1 .0 1 .2 1 .6 3.3 1.3 -.4 .4 .9 .6 19 .4 .7 ?8 1 8 1 1 -1.9 1.1 .6 36 7 29 9 *L2 1 1 6 4.2 .4 1 7 1 2 1 1 1 2.7 5 25 -2.3 8 1 2 4.3 5.4 -.1 1.4 1.1 2 0 14 14 55 31 2 0 .8 1.7 36 -1.4 .7 -.6 - 6 50 39 1 8 5 3.1 .1 56 19 76 19 78 e rro r Farm machinery.......................................... Construction and mining equipment.......... Material handling equipment...................... Metalworking machinery ........................... Special industry machinery ....................... 3.4 4.8 5.0 3.5 8.7 5.7 4.9 4.1 2.4 General industrial machinery..................... Machine shop products.............................. Computers................................................. Typewriters and other office equipment .... Service industry machines......................... 3.1 -1.5 -.5 3.8 1.7 Electric transmission equipment................ Electrical industrial apparatus................... Household appliances............................... Electric lighting and wiring ......................... Radio and television sets........................... 4.8 Telephone apparatus................................ Other communications equipment............. Electronic components.............................. Other electrical machinery......................... Motor vehicles........................................... 1.5 -2.5 -2.3 -.4 2 .8 5.2 3.6 4.0 2.4 -.7 3.6 -.2 2 .6 3.0 .8 3.2 1 .2 -3.7 2.7 3.8 3.9 3.9 4.3 3.2 3.5 3.3 4.5 5.5 4.3 5.2 4.0 3.5 4.3 4.0 3.9 1 .8 -4.5 -3.1 4.8 -5.4 -2.3 2.7 4.1 1 .1 .8 .7 1 .2 -.4 3.7 1 .8 -.8 -.7 3.4 3.3 3.3 - 1 .8 3.2 2 .0 3.1 4.6 3.1 - 2 .0 2 .2 2 .6 2 .0 1 .2 3.5 3.6 5.4 4.9 1 0 .0 8.3 -2.3 Medical and dental instruments................. Optical and ophthalmic equipment............ Photographic equipment........................... Watches and clocks................................... Miscellaneous manufactured products ..... -1.5 -1.5 3.0 -.9 - .1 1 .2 2 .0 1 .2 2 .0 Railroad transportation.............................. Local transit............................................... .2 .8 15 1.4 Water transportation.................................. .9 -.2 -1.5 -1.3 1 .0 -4.5 4.6 .4 5 Communication, except broadcasting........ Radio and tv broadcasting......................... 2 .1 Gas utilities................................................ -5.2 .4 - 2 .8 - 2 .2 .5 -3.2 .7 -.9 - 1 .0 -1.7 4.3 .7 1.9 1.4 .9 -.7 -.5 .5 .5 -3.2 .7 .9 .9 1.5 -.5 - 2 .0 - 1 .6 - 1 .6 -2.7 -.4 -1.7 2 .0 -.2 1 .0 -1.4 -3.7 2.9 -1.9 -2.5 - 1 .0 -1.5 .3 - 2 .6 -3.1 .5 1 .0 2.7 1.5 .8 3.1 8 .6 3.0 2 0 4.1 3.7 4.3 3.4 19 Insurance................................................... 1 6 2.4 2 .1 5.8 27 8 .2 8 0 6.3 4.2 Hotels and lodging places.......................... Personal and repair services..................... 31 24 28 2.7 27 24 14 23 3.5 46 5.6 17 46 2.7 31 3.7 5*7 57 57 57 4.0 49 49 49 49 3.1 17 4.6 51 41 5.0 5.2 4.1 3.9 .3 - - unemployment rate were incorrect? To isolate the impact of the errors in the labor force projection, for example, we had to determine what the projected total employment level would have been if bls had correctly projected the unemployment rate, the number of persons in the Armed Forces, and other variables and had only made an error in projecting the labor force. The difference between this calculated total employment level and actual 1985 em 1 .2 -.6 -.6 -.6 2 .1 1 .2 -.6 - 2 .2 Professional and legal services................. Automobile repair....................................... Motion pictures ......................................... - 2 .1 Health services except hospitals............... - Other medical services.............................. Educational services.................................. - 2 .0 1 .6 -.5 1 8 31 1.1 1 .6 1 .1 Private households.................................... 1 .6 2 .6 2 .2 4.1 13.0 3.9 1.5 -.4 .6 Water and sanitary services...................... Wholesale trade........................................ .0 -.1 .2 1.1 2 6 1 8 2 .1 6 .8 -.6 17 43 4.7 2 .0 1 .8 4.8 3.1 3.1 .4 1 8 2 0 3.6 1.7 Ship and boat building............................... Railroad equipment................................... Miscellaneous transportation..................... Scientific and controlling instruments........ 2.5 8 1 2 .8 2 8 23 49 2 0 30 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 19 73 35 2 .0 Engines and turbines.................................. 2 .0 -.1 .5 .5 8 Plastics materials....................................... - -.1 -.8 4 Paper products........................................... e rro r 4.0 .3 Canned and frozen products ..................... Grain mill products.................................... Bakery products........................................ Sugar......................................................... Miscellaneous fabricated textiles.............. Logging...................................................... 19 78 19 76 -.8 1 .0 - 2 .0 -.9 -.5 1 .2 -1.3 - 1 .0 -.6 -.6 1.3 .3 4.6 -.6 .7 -.1 .2 .8 -1.4 1 .8 2 .1 -.8 - .1 -.6 -.8 - 1.1 -3.3 - 1.8 3.7 -.2 1.1 .8 1.4 3.1 5.4 2.4 2 .1 .3 .6 .6 .6 .5 1 .2 2 .2 2.5 .9 .9 1.1 1.4 1.3 .5 .7 2.9 ployment is the effect of the erroneous labor force projection. We repeated this process for each variable in the employment projection. Table 6 shows the results of these calculations. For 1973, the largest error was the projected 1985 labor force. If labor force had been the only error, bls projections would have underestim ated total 1985 employment by 8.9 million jobs. However, this large neg- ative error was partially offset by two large positive errors in unemployment and in the adjustment for dual jobholders. In 1976, the projected labor force again had the largest negative error. That error was also partially offset by posi tive errors in projecting unemployment and in the adjustment for dual jobholders. For 1978, the largest error was projected unemploy ment. This positive error was partially offset by a modest negative error for the projected labor force. Supply g n p . Supply g n p is one of three parts of the bls simultaneous macroeconomic projection. As noted earlier, supply g n p includes projections of labor produc tivity, average annual hours, and other variables, as well as total employment. Here we want to determine the con tribution of the errors in each underlying variable to the error in the supply g n p estimate. Our analysis is limited to the first-round effects. As with the projection of total employment, in order to isolate the impact of the erroneous labor force projection on the g n p projection, we have to determine what the projected g n p level would have been if bls had correctly projected the unemployment rate, average annual hours, labor productivity, and other variables and had only made an error in projecting the labor force. The difference be tween this g n p level and the actual 1985 g n p is the effect of the erroneous labor force projection. We repeated this process for each variable in the g n p projection. Table 7 shows the results of these calculations. The 1973 projections overestimated g n p because of the productivity projection. That error contributed $920 bil lion to the total error of $797 billion. This positive error was partially offset by the effect that negative errors in the labor force projection had on supply g n p . The 1976 projection also overestimated g n p because of its productivity projection. The error of the productivity projection matched the total error of $544 billion. This positive error was again partially offset by the negative error for the labor force projection. The 1978 projections continued to overestimate g n p because of the productivity projection error. That error accounted for $355 billion of the total $409 billion error. It was not possible to carry out a similar set of calcula tions for the detailed industry projections. To do that, a current input-output table comparable to the table used in each of the three sets of projections would be required. Such current tables do not exist. bls projections: on target or off the mark? In this article, we only list the errors of bls projections of the 1985 economy. At some point, we need a standard to gauge the relative accuracy of the published data. One gauge of relative accuracy is past bls projections. An https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis other is to compare bls projections with other medium-term projections. Because employment projections are the primary product of the BLS projection program, we limit this com parison to employment. Past b l s projections. bls has now evaluated eight em ployment projections. The errors in the projections of total employment growth range from a -0.4 percentage point per year for the 1976 projection of the 1980 economy to a positive 0.6 percentage point per year for the 1973 projection of the 1975 economy. (See table 8.) The average absolute errors in projecting industry trends have ranged from 1.3 to 2.9 percentage points per year. The spread of error is slightly smaller when the errors are weighted for industry size, ranging from 1.0 to 2.1 percentage points per year. The 1980 projections prepared in 1970 were the most accurate, while the 1980 projections prepared in 1973 were the least accurate. The three projections for the 1985 econ omy fall about in the middle of the error range of past bls projections. Other medium-term projections. Finally, how do bls projections compare with other projections? Several fore casters conducting similar studies underestimated the 1985 level of total employment. Their errors were similar to those of bls because all the forecasters used the same population projections and assumed similar unemploy ment rates, bls and another forecaster underestimated the employment shift from goods-producing industries to service-producing industries. In the 1970’s, several organizations prepared projec tions of th mid-1980’s economy. In 1973, Clopper Almon of the University of Maryland and the National Planning Table 6. Factored errors In projection of 1985 total employment [Numbers in thousands] P r o j e c t e d in Ite m 19 73 19 76 19 78 Total e rro r.................................................... -1 ,9 8 6 -2 ,2 1 9 2,054 Error due to: Labor fo rc e ........................................... Armed F o rc e s ..................................... U nem ploym ent.................................... Adjustment factor1 .............................. Interaction............................................ -8,931 -1 6 3,775 3,662 -4 7 6 -6 ,7 2 4 -1 1 3,185 1,748 -3 2 7 -7 5 6 -1 3 2,949 -1 1 3 -1 3 P e r c e n t o f to t a l e rro r Total e rro r.................................................... 100 100 100 Error due to: Labor fo rc e ........................................... Armed F o rc e s ..................................... U nem ploym ent.................................... Adjustment fa c to r '.............................. Interaction............................................ -4 5 0 -1 190 184 -2 4 -3 1 6 0 150 82 -1 5 -3 7 -1 143 -6 -1 'Includes adjustment for multiple jobholders and other statistical differences between employment as measured by the Current Population Survey and the Current Employment Survey (790). 31 MONTHLY LABOR REVIEW September 1988 • Association (n p a ) published projections for the 1973-85 and 1973-83 periods, respectively.4 In this brief compari son, we assume that n p a ’s 1973-83 trends continued through 1985. In 1976, the n p a published projections for the 1976-86 period.5 Like bls , Almon and n p a use mod els and judgments to make projections. (Again, this comparison is limited because very few medium-term em ployment projections are developed. Most projections are for 1 year ahead, not 10 years ahead.) 1973-85 projections. Total employment growth was slightly underestimated in the bls and Almon projections of the mid-1980’s economy and slightly overestimated in the n p a projections. The errors were small, less than 0.3 percentage point per year, and similar because each economic projection used the Bureau of the Census popu lation projections. Further, each assumed the economy would operate in the longer run at full employment. Almon overestimated real g n p growth for the 1973-85 period by 0.4 percentage point per year, n p a overesti mated g n p growth by 1.3 percentage points per year. As previously noted, bls overestimated the trend by 2.1 percentage points per year. The differences reflect the respective productivity projections. Almon projected a slowdown in productivity while n p a projected a slight acceleration, bls projected a more substantial accelera tion. Both Almon and bls underestimated the employment shift from the goods-producing sector to the service-pro ducing sector. Almon projected that employment in the goods-producing sector would account for 7 percent of the net new jobs over the 1973-85 period, while the ac Table 7. Factored errors in projection of 1985 supply g n p [Billions of 1982 dollars] r o je c te d in — Ite m Total e rro r.................................................... Error due to: Labor fo rc e ........................................... Unemployment rate............................. Adjustment fa c to r................................ Government including Armed Forces.................................. Average annual hours......................... Labor productivity................................ Interaction............................................ 19 73 19 76 19 78 $797 $544 $409 -3 0 6 129 125 -2 3 0 109 60 -2 6 101 -4 -2 8 10 920 -5 3 -2 3 57 544 27 -6 3 355 6 P e r c e n t o f to t a l e rro r Total e rro r.................................................... Error due to: Labor fo rc e ........................................... Unemployment rate............................. Adjustment fa c to r................................ Government including Armed Forces.................................. Average annual hours......................... Labor productivity................................ Interaction............................................ 32 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 100 100 100 -3 8 16 16 -4 2 20 11 -6 25 -1 -4 1 115 -4 10 100 5 -1 1 82 1 - 7 Evaluation o f b l s ’ Projections o f the 1985 Economy Table 8 . errors in projecting employment trends, selected periods b l s [Percentage points] D iffe r e n c e b e tw e e n p ro je c te d a n d a c tu a l tr e n d s Year Year p u b lis h e d p ro je c te d In d u s t r y tr e n d s T o ta l ( A v e r a g e a b s o lu te e rro r s ) e m p lo y m e n t W e ig h te d b y s ize U n w e ig h te d o f in d u s tr y - 0.2 1.4 1.1 1975 .6 2.3 1.3 1980 1980 1980 - .3 - .2 - .4 1.3 2.7 1.5 1.0 2.1 1.2 1985 1985 1985 - .2 -.1 .2 2.0 1.9 2.9 1.5 1.4 1.5 1 96 6 ............... 1970 1973 ............... 1 9 7 0 ............... 1973 ............... 1 9 7 6 ............... 1973 ............... 1 9 7 6 ............... 1978 ............... tual share was 2 percent, bls projected that employment in the goods-producing sector would account for 16 percent of the additional jobs, while the actual share was 7 percent. (The estimates of the actual share differ because the two forecasters used different employment measures. For example, Almon’s measure converts parttime workers to full-time equivalents, while the bls measure does not.) Because n p a did not project employ ment for all industries, this point cannot be evaluated. 1977-85 projections. bls overestimated total employ ment growth between the late 1970’s and mid-1980’s, while n p a underestimated the growth. The respective er rors were less than 0.3 percentage point per year. The difference between the projections reflects the respective labor force projections, bls overestimated the labor force growth, while n p a underestimated it. Both assumed the economy would be operating at near full employment. Both bls and n p a overestimated real g n p growth by about 1.5 percentage points per year. Each assumed pro ductivity would accelerate. Finally, both underestimated the employment shift from the goods-producing sector to the service-producing sector. Both projected that about one-fourth of the addi tional employment would occur in the goods-producing sector; the actual share was less than one-tenth during the 1977-85 period. Future benefits Evaluations of the projections are designed to show their strengths and weaknesses. Without an evaluation, we might only guess at the accuracy of the projections and probably compound any errors introduced into the pro cess. Accordingly, the judgments and economic models which go into any projection are continuously reviewed. In this evaluation no pattern of errors emerged which would suggest changes in the data or procedures. We have not separated the effects of data or procedural errors on the projection process. However, it does seem important to explore wider ranges of assumptions because, at least for 1985, many of the broad assumptions about the U.S. economy were wide of the mark. □ -FOOTNOTES'The initial projections of the 1985 economy were described in “Pro jections of GNP, income, output, and employment,” Monthly Labor Review, December 1973, pp. 27-42; and in detail in The Structure o f the U.S. Economy in 1980 and 1985, Bulletin 1831 (Bureau of Labor Statis tics, 1975). The second projections of the 1985 economy were described in Ronald E. Kutscher, “Revised projections of the U.S. economy to 1980: an overview,” Monthly Labor Review, March 1976, pp. 3-8; Charles T. Bowman and Terry H. Morlan, “Revised projections of the U.S. economy to 1980 and 1985,” Monthly Labor Review, March 1976, pp. 9-21; and Thomas J. Mooney and John H. Tschetter “Revised projections to 1985,” Monthly Labor Review, November 1976, pp. 3 -9 . The third projections were published in Norman C. Saunders, “The U.S. economy to 1990: two projections for growth,” Monthly Labor Review, December 1978, pp. 36-46; Valerie A. Personick, “Industry output and employment: bls projections to 1990, Monthly Labor Review, April 1979, pp. 3-14; and Arthur Andreassen, “Changing patterns of de mand: bls projections to 1990,” Monthly Labor Review, December 1978, pp. 47-55. tion of bls’ projections of 1980 industry employment,” Monthly Labor Review, August 1984, pp. 12-21; Max L. Carey and Kevin Kasunic, “Evaluating the 1980 projections of occupational em ployment,” Monthly Labor Review, July 1982, pp. 22-30; and Howard N Fullerton’s evaluation of projections of the 1985 labor force, Monthly Labor Review, forthcoming. 2bls periodically evaluates its labor force, industry employment, and occupational employment projections. See John Tschetter, “An evalua 6The next ten years, Association, 1976). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 The distinction between judgment and economic models is artificial in the context of projections. Judgments are usually based on analysis of trends and relationships between variables, that is, models. The distinc tions between independent and dependent variables (which is where the distinction between judgment and model originates) is important in the context of model building or econometrics. 4Clopper Almon, Jr., Margaret B. Buckler, Lawrence M. Horwitz, and Thomas C. Reimbold, 1985: Interindustry forecasts o f the American economy (Lexington, m a , Lexington Books, 1974). 5The U.S. economy: 1973-83, Planning Association, 1974). neps neps report no. 7 6 - N - l (National report no. 7 6 - N - 2 / 3 (National Planning 33 n a ob a a o Research Summaries Productivity, age, and labor composition changes in the U.S. D Table 1. Average age of the civilian labor force age 16 and over by sex, selected years, 1948-86 A ve ra g e age Year M ary and K J a b l o n s k i, L a r r y R ent K osenblum It is well known that, since 1973, the United States has been experiencing a slowdown in the rate of growth of labor productivity. From 1948 to 1973, output per labor hour in the private nonfarm business sector grew at an average annual rate of 2.5 percent, while the 1973-86 rate of growth was 0.8 percent, or only one-third as large. Throughout the period of the slowdown, the composi tion of the U.S. labor force has been changing. (See table 1.) Between 1970 and 1980, the average age of work ers fell sharply, by 2.3 years, and from 1980 to 1986, it rose slightly, by 0.2 year. Besides changes in the age com position of the work force, there also have been changes in the composition of the labor force with regard to sex and educational attainment. The Bureau of Labor Statistics has been studying the relationship between changes in labor composition and productivity growth. Following a discussion of historical and recent Bureau estimates of the relationship between age of the worker and productivity, this report describes preliminary results now available from the new study. Age and productivity Several earlier studies conducted by the Bureau directly addressed the issue of age and job performance.1 This research was part of a broad Department of Labor pro gram of the 1950’s and 1960’s that examined problems faced by older workers. In each of the studies of compara tive job performance by age, indexes of output per hour were constructed using data from employer records. These data were compiled for specific age groups. The authors are economists in the Division of Productivity Research, Bureau of Labor Statistics. This report is drawn from a paper presented at the conference on “An Aging Workforce: Agenda for Action,” spon sored by Wayne State University and the U.S. Departm ent of Labor, in Detroit, Ml, M arch 10-11, 1988. An extended version will appear in a volume of papers prepared for the conference. 34 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis p e rs o n s , unze A ll W om en M en 1948 1950 1955 1958 1960 ....................... ....................... ........................ ....................... ....................... 39.0 39.4 40.4 40.5 40.4 36.6 37.5 39.0 39.6 39.8 40.0 40.1 41.1 40.9 40.7 1965 1970 1975 1980 1985 ....................... ....................... ....................... ....................... ....................... 40.0 39.2 37.6 36.9 37.0 39.5 38.4 36.8 36.3 36.5 40.3 39.7 36.1 37.4 37.5 1986 ....................... 37.1 36.6 37.5 The performance of factory workers in the footwear and furniture industries was the subject of the first study; two other studies involved clerical workers and mail sort ers. Findings from all of the studies are displayed in table 2. The results of the footwear and furniture study showed that, for men and women in both industries, there was some decline in output per hour between the ages of 25 and 64. For men, the decline began after age 45, while for women, it started after age 35. There were more substan tial declines in productivity among those age 65 and over in the footwear industry (although this was not the case in the furniture industry). For example, in comparison to the average output per hour of men ages 25 to 34, that of men ages 55 to 64 in the footwear industry was 8 percent lower, and that for men age 65 and over was 19 percent lower. However, the footwear and furniture study also found that there was much variation in output rates within each age group, and that the degree of variability was not closely related to age. In fact, the degree of variation was such that many of the older workers performed better in terms of output per hour than the average for those in the 35-to-44 age group. For example, among men in the foot wear industry, 44 percent of those ages 45 to 54 and 30 percent of those ages 55 to 64 exceeded the average output rate for the 35-to-44 group. In the study of clerical workers, almost no decline in output per hour was seen between the ages of 25 and 64. The difference between the average productivity of those in the 25-to-34 group and those in the 55-to-64 group was less than 1 percent. Furthermore, the clerical workers Table 2. Indexes of output per hour for workers in selected industries and occupations, by age, selected years [lndex=100 for 35-to-44 age group] Men Industry and age group Index Women Coefficient of variation Index All workers Coefficient of variation Index Coefficient of variation Footw ear (1 9 5 6 -5 7) Under 2 5 ........ 2 5 - 3 4 ............ 3 5 - 4 4 ............ 4 5 - 5 4 ............ 5 5 - 6 4 ............ 65 and over ... 93.8 100.3 100.0 97.7 92.5 81.1 17.9 16.3 13.8 14.1 14.5 16.6 94.4 102.8 100.0 98.8 94.1 88.0 17.1 17.5 15.2 15.6 13.1 20.7 — — — — — — — — — — — — 98.5 101.5 100.0 96.1 94.5 93.6 16.3 15.1 11.8 11.0 11.8 11.6 101.4 107.4 100.0 98.7 85.6 — 18.8 19.4 17.8 16.0 18.6 — — — — — — — _ — — — — — Household fu rn itu re (1 9 5 6 -5 7 ) Under 2 5 ........ 2 5 - 3 4 ............ 3 5 - 4 4 ............ 4 5 - 5 4 ............ 5 5 - 6 4 ............ 65 and o v e r ... Clerical w orke rs (1 9 5 8 -5 9) — — — — — — — — — — — — — — — — — — — — — Under 2 5 ........ 2 5 - 2 9 ............ 3 0 - 3 4 ............ 3 5 - 3 9 ............ 3 9 - 4 4 ............ — — — — — 4 5 - 4 9 ............ 5 0 - 5 4 ............ 5 5 - 5 9 ............ 60 and o v e r ... Under 2 5 ........ 2 5 - 3 4 ............ 3 5 - 4 4 ............ 4 5 - 5 4 ............ 5 5 - 6 4 ............ 65 and o v e r ... — — — 92.4 99.4 100.0 100.1 98.6 101.2 22.3 20.1 18.1 19.4 19.4 20.5 — — — — — — — — — — — — — — — 101.2 100.1 101.3 100.1 99.8 13.7 13.2 13.0 12.2 12.8 _ _ _ _ — — — — — — — — — — — — 99.5 100.9 99.1 96.2 12.6 12.9 15.0 13.7 Mail so rte rs (1961) Source : See text footnote 1. who were 65 and over had the highest average output per hour of all the age groups. As in the footwear and furni ture study, however, a substantial amount of variation in productivity within each age group was found. Mail sorters were the third group of workers studied. As with the other studies, the output per hour of workers ages 35 to 44 was indexed to 100. The results of this study indicated that there was not a significant amount of varia tion in average output per hour among age groups below 60. Among those 60 and over, a small decline was ob served. Once again, however, there was considerable within-group variation in output per hour among individ uals. In each group, the majority of workers had indexes below 95 or above 105. Together, these studies suggest that there is not a large decline in average productivity between the ages of 25 and 64. The most noteworthy decreases tended to be seen https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis among those in the oldest group, but in each study, there was much variation in output per hour within age groups. In all of these studies of comparative job performance, measures of output per hour were constructed with data on the output of individual workers available from em ployer records. For the majority of workers, such data are not available, thereby precluding the direct measurement of productivity. However, there are ample data on wages, from which more can be learned about productivity. If firms maximize profits in a competitive economy, then the wage of a group of workers is equal to the value of their marginal product. The marginal product is the in crease in output resulting from an additional hour of labor. So, the connection between age and an individual’s wage can be examined to gain additional insights regard ing the connection between age and productivity. Age and earnings are linked together by work experi ence, on-the-job training, skills, and productivity. Older workers, on average, have more work experience than younger workers, and because of this they tend to have had more on-the-job training. When workers undergo training, they learn new skills and these new skills make them more productive. A worker who has become more productive tends to earn a higher wage. Hence, as workers become older, their earnings tend to rise. However, dur ing the later years of their working lives, workers may see their hourly earnings level off or possibly drop. This can occur because workers may stop acquiring training to wards the end of their working lives. If skills are no longer being acquired, hourly earnings may stabilize. Further more, if skills lose value over time, then an individual may find that earnings fall as retirement nears due to this de preciation. So, in general, one would expect a worker’s wage to rise for many years and then to level off or per haps start to decline. To learn more about the relationship between age and productivity, the Bureau constructed age-earnings pro files, which are presented in chart 1. Each profile is a curve showing the estimated relationship between age and hourly earnings for a particular group of workers, such as male high school graduates. These profiles are based on experience and earnings equations, estimated separately for men and women. Experience equations were estimated because our major data sources do not include a measure of actual work experience. The empirical results are used to estimate the accumulated work experience of individ uals, based on certain worker characteristics: age, ed ucational attainment, and in addition, for women, marital status and number of children. (Note that accumulated work experience includes experience acquired while in school.) The estimation was performed with data from the 1973 Exact Match Study, which linked data from the Current Population Survey, Social Security Administration records, and Internal Revenue Service tax returns. Based on the empirical results, a male college graduate has 15 35 MONTHLY LABOR REVIEW September 1988 • Research Summaries To create age-earnings profiles for high school and col lege graduates, estimated work experience was calculated with coefficients of the estimated experience equations for each combination of age, sex, and educational level. For the women’s profiles, marital status and number of children had to be specified because these factors enter into the women’s experience equation; “ married with two or three children” was the family status that was specified. Estimated hourly earnings were derived with the intercept and the experience and schooling coefficients of the estimated earnings equations for 1986.2 years of estimated experience at age 35. A 35-year-old fe male college graduate has 14 years of estimated experience if she is single, and 9 years if she is married and has two children. Earnings equations were constructed with estimated work experience as an explanatory variable. Schooling variables also were included because education, like on-the-job train ing, raises productivity and wages. The remaining explana tory variables are control variables, such as for region of residence. The equations were estimated with data from the Current Population Survey. Chart 1. Estimated hourly earnings by age, sex, and educational attainment, 1986 Hourly earnings (In dollars) Hourly earnings (in dollars) 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 Age Hourly earnings On dollars) Hourly earnings (In dollars) 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 Age NOTE: Estimates for women pertain to married women with two or three children. 36 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The age-earnings profile for male high school graduates reveals that their hourly earnings climb until age 46, and then begin to drop slowly. For male college graduates, the peak occurs a couple of years later, at age 48, after which hourly earnings gradually fall. The profiles for women are much flatter than those for men. The estimated hourly earnings of female high school graduates reach the maxi mum level for women in their late forties and then remain there. For female college graduates, the peak level is at tained around age 50, and the wage stays there until it gradually begins to decline for women in their sixties. So, for all of these workers, estimated hourly earnings peak between the ages of 45 and 50; men’s earnings start to fall after the peak, while women’s earnings stay level for years after the peak is reached. Notice that these age-earnings profiles are based on cross-sectional data, rather than data for specific cohorts of workers over time. Because of this, the shapes of the actual age-earnings profiles of particular cohorts may differ somewhat from those of the profiles depicted in the chart. However, the profiles that the Bu reau has constructed do provide a general idea as to the relationship between age and productivity. Composition of the labor force Turning to the labor composition study itself, the Bu reau has, as mentioned earlier, developed preliminary results. These results may be revised when the study is complete. The growth rate of the labor composition index measures the contribution to labor input of changes in the composition of the work force with regard to work experi ence, education, and sex. Experience is used rather than age because experience is more closely tied to on-the-job training and job skills. The labor composition index is formed with information on hours of work that have been classified by estimated work experience, education, and sex and information on the price of labor. The price for each type of labor is calculated using the estimated earn ings equations described earlier.3 The Bureau study has found that, in the private non farm business sector, the index of labor composition grew at an average annual rate of 0.24 percent from 1948 to 1973. During the first part of the productivity slowdown, 1973-79, the growth rate of labor composition was only 0.06 percent. Then, from 1979 to 1986, the rate was 0.51 percent, which is about twice as large as the pre-slow down rate of growth. As might be expected, experience accounts for the low growth rate of the labor composition index over the pe riod 1973-79. The main effect of experience on labor composition was -0.42 percent per year during that time. In contrast, prior to the productivity slowdown, the main effect of experience was much smaller in magnitude, -0.10 percent. Then, from 1979 to 1986, the main effect https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 3. Annual rates of growth of output per hour of all persons and its components in private nonfarm business,1 1948-86 and selected subperiods [In percent] P ercen tag e-p o in t change in growth rate betw een — Measures 194 8 - 86 194 8 - 73 197 3 - 79 1 9 7 9 -8 6 194 8 - 73 Output per hour of all persons .. 1.9 2.5 0.5 1 9 7 3 -7 9 and and 1 9 7 3 -7 9 1 9 7 9 -8 6 1.2 -2 .0 0.7 Contribution of capital intensity2 ..... .8 .8 .6 .9 -.2 .3 Contribution of labor composition3 .2 .2 .0 .3 -.2 .3 Multifactor productivity4 .9 1.5 -.1 .0 -1 .6 .1 1Excludes government enterprises. 2Changes In capital services per hour multiplied by capital's share of currentdollar output. 3Changes in labor composition effects multiplied by labor's share of currentdollar output. 4 Output per unit of combined labor and capital inputs, adjusted for labor composition. of experience was no longer negative; instead, it was slightly above zero, at 0.04 percent per year. The growth rate of output per hour in private nonfarm business was 2.5 percent from 1948 to 1973. (See table 3.) The growth rate dropped, by 2 percentage points, to 0.5 percent for the period 1973-79. The corresponding drop in the contribution of labor composition to productivity growth was 0.2 percentage point, which means that changes in labor composition account for 10 percent of the initial slowdown in labor productivity. Between 1979 and 1986, the contribution of labor composition to labor productivity was 0.3 percentage point higher than in 1973-79, while labor productivity growth was 0.7 percent age point higher. Hence, changes in labor composition account for about half of the increase in the productivity growth rate that was seen over the 1979-86 period. To s u m u p , the growth rate of labor composition fluctu ated between 1948 and 1986, and an important source of these fluctuations was changes in the amount of work experience that U.S. workers possessed. This, in turn, was strongly affected by changes in the age distribution of the labor force that occurred during the period. These rela tionships are especially evident in the data for the 1970’s. Between 1973 and 1979, the average age of the work force fell by one full year and the index of work experience fell four times as fast as it did prior to the slowdown. The growth rate of labor composition was only one-quarter as large as it was before the slowdown. Since 1979, labor composition growth has been much higher than it was during the first part of the slowdown. This has been due in large part to an increase in the effect 37 MONTHLY LABOR REVIEW September 1988 • of work experience on labor composition. An important reason for this increase is that the average age of the work force has been slowly moving upward in the 1980’s, after rapidly declining in the 1970’s. The rise in the average age toward the years of peak productivity is expected to con tinue until at least the year 2000, and it is likely to have a positive effect on the growth of labor composition and labor productivity.4 --------- FOOTNOTES--------- 'The methodology and results of these studies are described in the following: Job Performance and Age: A Study in Measurement, Bulletin 1203 (Bureau of Labor Statistics, September 1956); Comparative Job Performance by Age: Large Plants in the Men's Footwear and Household Furniture Industries, Bulletin 1223 (Bureau of Labor Statistics, Novem ber 1957); Ronald E. Kutscher and James F. Walker, “Comparative Job Performance of Office Workers by Age,” Monthly Labor Review, Janu ary 1960, pp. 39—43; and James F. Walker, “The Job Performance of Federal Mail Sorters by Age,” Monthly Labor Review, March 1964, pp. 296-300. 2Because the construction of the profiles involves earnings data for just one year, 1986, inflation is not an issue here. The shapes of the profiles give an indication of what happens (on average) to the real hourly earnings of individuals over the course of their working lives. 3A complete discussion of the methodology and results of the labor composition study will be available in a future Bureau of Labor Statistics publication. 4See Ronald E. Kutscher, “Overview and implications of the projec tions to 2000,” Monthly Labor Review, September 1987, pp. 3 -9 ; and Howard N Fullerton, Jr., “Labor force projections: 1986 to 2000,” Monthly Labor Review, September 1987, pp. 19-29. Employers and child care: what roles do they play? H ow ard V. H a y g h e As more and more mothers are joining the ranks of the employed, child care has become one of today’s most widely debated social and political issues. Awareness of the problem has spread dramatically, as demonstrated by the recent report by the Secretary of Labor and by child care initiatives presently in the Congress.1 Employers, too, are beginning to be involved in the search for solu tions. As in the past, American employers on the whole still do not play an active role in the care of their workers’ children. However, with mothers becoming a more imHoward V. Hayghe is an economist in the Division of Labor Force Statistics, Bureau of Labor Statistics. 38 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Research Summaries portant part of the work force, some employers are coming to realize that the difficulties that their employees face in arranging care for their children may result in absenteeism, tardiness, low morale, and productivity problems. This may be exacerbated in some areas by worker shortages. Consequently, there is some evidence that employers are looking at steps they can take to help their employees who are parents.2 To determine what employers were doing, the Bureau of Labor Statistics conducted a special nationwide survey of approximately 10,000 business establishments and gov ernment agencies in the summer of 1987.3 Results from this survey show that direct aid to working parents is still very limited. Only about 2 percent, or 25,000, of the Na tion’s 1.2 million nonagricultural establishments with 10 or more employees actually sponsored day-care centers for their workers’ children while an additional 3 percent provided financial assistance towards child-care ex penses.4 But, as this report will show, employers are doing a number of other things to aid employees with growing children. Scope of the issue The potential demand for child care is immense. As of March 1987, there were 10.5 million children under the age of 6 whose mothers were in the labor force— more than half of all children these ages.5 In addition, there were 15.7 million youngsters ages 6 to 13 whose mothers were in the labor force and who required some sort of care or supervision before and after school or on school holi days. A total of 26.1 million children under age 14 lived in homes where both parents or the lone parent was in the labor force. How are these children being cared for? The following tabulation, which is based on data collected by the Bureau of the Census in the winter of 1984-85, shows a percent age distribution of children under age 15 in terms of the institution or person primarily responsible for their super vision while their mothers worked:6 Total........................................................ In ow n h o m e ................................................... In o th e rs ’ h o m e .............................................. D a y -c a re f a c i l i t y ............................................ S c h o o l................................................................. C h ild cares fo r s e l f ........................................ P a r e n t ................................................................. Percent 100.0 17.8 14.4 9.1 52.2 1.8 4.7 The survey also showed that there were more than a mil lion children ages 5 to 14 who cared for themselves after school— the so-called “latch-key” children.7 These data simplify the actual complexity of today’s child-care ar rangements: parents working different shifts; transporting the children to and from the day-care providers; and cop ing with breakdowns in the arrangements or other emergencies. However, child-care arrangements are not Table 1. Provision of child-care benefits and work-schedule policies aiding child care by establishments with 10 or more employees, by establishment size and industry, summer 1987 H a v e n e ith e r b e n e fits n o r w o r k -s c h e d u le p o lic ie s T o ta l S iz e a n d in d u s try e s t a b lis h m e n t s (in th o u s a n d s ) P e r c e n t p r o v id in g P e r c e n t w ith c h ild -c a r e w o r k -s c h e d u le b e n e fits p o lic ie s a id in g Num ber c h ild c a re (in th o u s a n d s ) o r s e r v ic e s P e rc e n t c o n s id e r in g P e rc e n t o f to ta l b e n e fits o r p o lic ie s 1,202 11.1 61.2 442 36.8 2.4 919 236 47 9.0 15.3 31.8 62.0 58.1 59.4 337 90 15 36.7 38.1 32.5 3.6 9.0 Private, to ta l....................................................................................... Goods-producing.......................................................................... Service-producing......................................................................... Transportation and public u tilitie s........................................... Trade, to ta l................................................................................ W holesale.............................................................................. Retail....................................................................................... Finance, insurance, and real e s ta te ...................................... Services..................................................................................... 1,128 272 856 59 427 124 303 80 290 10.1 7.6 8.5 7.3 18.4 14.7 61.4 51.3 64.6 54.2 67.1 55.4 71.8 60.6 64.3 413 126 288 25 136 55 81 28 98 36.6 46.4 33.5 42.9 31.6 43.4 26.8 34.9 33.9 4.8 3.0 Government....................................................................................... 74 26.4 57.2 29 39.6 2.9 Private: 10 to 49 em ployees.................................................................. 50 to 249 em ployees............................................................... 250 employees or m o re ........................................................... 879 213 36 8.3 14.1 31.6 62.2 58.6 58.5 321 80 12 36.5 37.6 33.1 3.6 9.9 Goods-producing: 10 to 49 em ployees.................................................................. 50 to 249 em ployees............................................................... 250 employees or m o re ........................................................... 196 62 14 3.5 9.8 29.9 53.9 44.8 44.5 88 6 45.1 51.1 44.8 3.6 7.1 Service-producing: 10 to 49 em ployees.................................................................. 50 to 249 em ployees............................................................... 250 employees or m o re ........................................................... 683 151 9.7 15.8 32.7 64.6 64.3 67.7 233 48 34.1 32.0 25.6 3.6 13.1 Government: 10 to 49 em ployees.................................................................. 50 to 249 em ployees............................................................... 250 employees or m o re ........................................................... 40 23 24.1 27.2 32.7 57.9 53.7 62.0 16 40.2 43.0 30.7 3.9 5.6 T o ta l............................................................................ S iz e 10 to 49 employees.......................................................................... 50 to 249 em ployees........................................................................ 250 employees or m ore................................................................... 1.8 In d u s try 6.3 11.3 11.8 2.4 2.0 2.6 2.5 1.9 2.3 1.6 In d u s tr y b y s iz e 22 11 the concern solely of parents, children, and day-care pro viders; employers are also affected in terms of worker reliability and productivity.8 What employers reported In the survey conducted in the summer of 1987, about 11 percent of the establishments with 10 employees or more reported that they provided at least some employees such direct benefits as employer-sponsored day care, fi nancial assistance toward it, or information and referral services to guide employees to child-care providers in their communities (table 1). Typically, large establish ments (250 employees or more) were far more likely than small ones to offer such child-care benefits to their em ployees. Private employers in the service sector and government agencies were much more likely than goodsproducing establishments to offer child-care benefits to their employees. About three-fifths of the establishments reported that at least some of their workers could take advantage of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 32 6 10 3 1.8 1.1 2.1 1.8 indirect benefits in the form of work-schedule or leave policies that could aid them in fulfilling their family obli gations including child care. Such policies— which include flexitime, flexible leave, and voluntary shifts to part-time work schedules— may or may not have been initiated with child care in mind. Small establishments were just as likely as the large ones to provide such “liberal” work-schedule/leave poli cies, while private service sector establishments (which include day-care providers) were more likely than either goods-producing firms or government agencies to have them in place. Moreover, when both industry and size of establishment are taken into account, flexible work-schedule/leave policies were more prevalent among large private service sector establishments and government agencies than among large goods-producing establish ments. One reason for this difference may be that in order to coordinate the production processes and maximize effi ciency, large establishments in goods-producing in39 MONTHLY LABOR REVIEW September 1988 • dustries are more likely to adhere to rigidly standardized work schedules.9 Work force composition— especially the proportion of women— is undoubtedly a major factor underlying the extent of child-care assistance (either benefits or workschedule policies) by industry. In the summer of 1987, 53 percent of payroll employees in private service-produc ing establishments were women, as were 51 percent in government agencies. In contrast, just 28 percent of the workers in goods-producing establishments were women, including only 11 percent in mining and construction (combined). Direct benefits The direct child-care benefits that some employers pro vide fall into five basic categories: employer-sponsored day care; assistance with child-care costs; information and referral to community child-care resources; counseling services; and a variety of miscellaneous benefits. Employ er-sponsored child care includes a variety of arrangements such as onsite day care or care at a nearby location and consortia (that is, several employers joining together to establish a day-care center for use by their employees). Also included are day-care providers that accept their own employees’ children. Likewise, employer assistance with child-care costs comes in many different forms. These include flexible spending accounts, contractual arrangements with day care providers that allocate space for employees’ children or give them discounts, or giving employees vouchers (or checks) to defray their expenses. The voucher method may be included as part of the regular benefits package or may be an option in a “cafeteria” or flexible compensation plan. Child-care information and referral services provided by employers can range from something as simple as main taining a list of child-care providers all the way up to staff assistance in locating and evaluating the providers and even matching the employees with the most appropriate provider. Counseling services include advice and informa tion on parenting and parenting problems, while the “other” or miscellaneous category includes such dispa rate—and often informal—benefits as payment for extra child-care expenses incurred because of overtime or illness of the child to bringing the child to work (school bus drivers are an example of the latter). As already noted, relatively few employers provide such direct benefits. The most frequently provided— 10 percent of the establishments— are information, referral, and counseling services (table 2). Only 2 percent of estab lishments provided day-care facilities (either onsite or through a consortium); some of these employers turned out to be day-care businesses which made their facilities available to the children of their employees. An additional 40 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Research Summaries 3 percent of the establishments, while not providing day care facilities, assisted with child-care expenses. There are several reasons why employers seldom pro vide day care. One is, of course, cost. The employer has to be able to make a determination that a day-care center will increase productivity sufficiently—by, for example, reducing absenteeism, boosting morale, or improving re cruitment and retention— to offset its cost. Another is that establishing a day-care center requires dealing with issues of legal liability as well as a thicket of State and local regulations governing such undertakings. Finally, a firm may not believe that it has a sufficient number of employees with day-care needs to justify the benefits at all. Providing financial assistance to employees who are parents also presents problems. Employers as well as em ployees may not be very familiar with the methods of setting up flexible spending accounts as permitted by the Economic Recovery Tax Act of 1981.10 Another method for a s s is t in g e m p lo y e e s with c h il d - c a r e e x p e n s e s a r e so called “cafeteria” style, flexible compensation plans under which employees are allowed to select from a “menu” of benefits those that they feel are most appropriate to their life-cycle stage. Such plans were authorized under Section 125 of the Internal Revenue Code in 1978. However, the Internal Revenue Service subsequently challenged some versions of this arrangement, and, perhaps because of this, or because many employers may still be unfamiliar with such plans, relatively few establishments aid their employ ees with their child-care expenses.11 As might be expected, the type and frequency of child care benefits varies by firm size. R elatively few establishments with less than 50 employees (10 to 49) of fered any benefits: 2 percent sponsored day care, another 2 percent gave financial assistance, and 8 percent provided information, referral, or counseling services (or a combina tion of these). In contrast, 14 percent of those with at least 250 employees sponsored day care or provided financial assistance toward it, and 31 percent provided information, referral, or counseling services (or a combination). Child-care support benefits appear to be almost unheard of in goods-producing establishments. Undoubtedly, this reflects the fact that relatively few women work in these industries. Among private service-producing establish ments, 2 percent sponsored day care, and 4 percent gave some form of financial assistance, while about 10 percent provided information, referral, or counseling. Among government agencies (Federal, State, and lo cal), however, the proportion supporting some form of day care and information, referral, or counseling was much higher than was the case in private industry, largely because of legislative and executive initiatives. For in stance, California has mandated its agencies to provide information and referral services to State employees, as well as the general public. Michigan has established a Table 2. Characteristics of establishments with 10 or more employees providing child-care benefits or services, by type of benefit or service, summer 1987 P e r c e n t p r o v id in g : To ta l C h a r a c te r is tic o f e s ta b lis h m e n t T o ta l.................................................................................... C h ild -c a r e e s t a b lis h m e n t s E m p lo y e r - A s s is t a n c e w ith (in th o u s a n d s ) sp o n s o re d c h ild -c a r e d a y c a re expenses O th e r in fo rm a tio n C o u n s e lin g a n d re fe rr a l s e r v ic e s c h ild -c a r e b e n e fits s e r v ic e s 1,202 2.1 3.1 5.1 5.1 1.0 919 236 47 2.2 1.9 2.4 4.7 8.9 4.3 6.3 14.0 3.8 7.6 17.1 2.9 3.1 1.9 1.5 4.3 2.3 4.2 3.0 .7 4.6 4.9 4.2 S iz e 10 to 49 employees.......................................................................... 50 to 249 em ployees........................................................................ 250 employees or m ore.................................................................... 5.2 .7 1.6 In d u s try Private, to ta l....................................................................................... Goods-producing, to ta l................................................................. Mining and construction................................................... ....... Manufacturing, to ta l.................................................................. Durable g o o d s ...................................................................... Nondurable goods................................................................. 1,128 272 109 163 94 69 1.6 Service-producing, to ta l............................................................... Transportation and public u tilitie s........................................... Trade, to ta l................................................................................ W holesale............................................................................... R etail....................................................................................... Finance, insurance, and real e s ta te ....................................... Services........ ............................................................................ 856 59 427 124 303 80 290 2.0 .1 .1 0) .1 .6 Government....................................................................................... .3 .3 .3 .2 .4 2.2 2.4 1.9 2.0 2.5 2.3 2.7 4.6 .9 .6 .5 .7 .7 .8 1.0 1.2 3.1 3.6 2.9 5.6 7.9 4.0 5.0 3.5 4.0 4.1 3.9 8.5 5.9 5.6 .4 .5 .4 1.9 1.5 74 9.4 2.9 15.8 18.2 2.3 Private: 10 to 49 employees...................................................................... 50 to 249 em ployees................................................................... 250 employees or m ore............................................................... 879 213 36 1.5 2.4 4.9 10.3 3.6 5.5 14.6 3.1 6.4 17.0 .7 1.5 2.7 Goods-producing: 10 to 49 em ployees.................................................................. 50 to 249 em ployees............................................................... 250 employees or m o re ........................................................... 196 62 14 1.3 2.4 8.9 .9 4.2 13.3 1.3 5.1 17.9 2.1 Service-producing: 10 to 49 employees.................................................................. 50 to 249 em ployees............................................................... 250 employees or m o re ........................................................... 683 151 2.7 5.9 11.3 4.4 15.4 3.7 7.1 16.5 2.4 7.9 16.4 2.4 4.8 17.2 8.8 1.0 23.2 7.8 3.9 3.6 11.9 4.4 11.9 1.0 1.1 7.2 10.3 25.9 5.8 14.3 24.5 1.9 1.5 5.6 5.0 4.5 7.9 15.9 3.1 18.6 17.7 17.4 1.5 2.9 3.7 3.5 4.1 2.3 3.1 2.0 6.1 8.1 In d u s try b y s iz e Transportation and public utilities: 10 to 49 em ployees.......................................................... 50 to 249 employees........................................................ 250 employees or m o re ................................................... 22 45 12 2 1.8 2.7 .2 .8 .3 1.9 2.2 4.3 .0 .4 .3 Trade: 10 to 49 em ployees.......................................................... 50 to 249 employees........................................................ 250 employees or m o re ................................................... 351 69 7 .0 2.2 .4 .5 2.5 4.6 Finance, insurance, and real estate: 10 to 49 em ployees.......................................................... 50 to 249 employees........................................................ 250 employees or m o re ................................................... 61 16 3 .5 .8 6.1 12.1 1.5 24.2 Services: 10 to 49 em ployees.......................................................... 50 to 249 employees........................................................ 250 employees or m o re ................................................... 226 54 10 5.5 5.3 9.0 2.7 7.9 Government: 10 to 49 employees...................................................................... 50 to 249 em ployees................................................................... 250 employees or m ore.............................................................. 40 23 11 6.0 8.0 11.2 14.3 10.2 6.1 2.5 17.9 14.1 13.2 4.3 2.8 12.0 4.4 2.6 .5 .7 .7 1.8 3.1 .9 .3 1.1 2.6 1Less than 0.05 percent. pilot day-care program to serve the children of State em ployees, while New York State, in conjunction with its State employee unions, has created 30 day-care centers and is planning on establishing 50 or more by the end of 1988.12 Meanwhile, the General Services Administration https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis of the Federal Government has appointed an official with the specific task of creating more child-care facilities at Federal agencies.13 When both the number of employees and the type of industry are taken into account, some interesting patterns 41 MONTHLY LABOR REVIEW September 1988 in the availability of child-care benefits emerge. Among goods-producing industries, the proportion of establish ments with day-care centers remains very low regardless of the number of employees, but the larger the firm the more likely it was to offer information, referral, and coun seling services. Among service-producing establishments, the availability of all four major benefit categories also increases with size. It is notable, however, that in finance, insurance, and real estate, in which only 1.5 percent of establishments with 250 employees or more had day care, about 25 percent had at least one of the following: finan cial assistance, information and referral, and counseling benefits. Trade establishments, however, despite having a high proportion of female employees, were infrequent providers of benefits. Instead they offered a great deal of schedule flexibility. Service industry establishments with 250 employees or more had the highest proportion pro viding day-care services. Indirect benefits Work-schedule policies that can aid parents in meeting their child-care responsibilities are far more common than child-care support benefits. One obvious reason is that their perceived cost, if any, is less than that of direct benefits. Moreover, such policies do not involve the legal and technical complexities of establishing and maintain ing day-care centers or financial assistance benefits. Flexitime and flexible leave are the most common forms of work-schedule/leave policies cited by employers as being of possible aid to workers with child-care prob lems. About 43 percent of the establishments maintained flexitime policies and an equal proportion had flexible leave arrangements. Linder flexitime, employees can vary the beginning and end times of their work day; under one version, they can work extra hours on some days so they can work fewer hours on others. Although there is surprisingly little vari ation in the frequency of this kind of work schedule by size of establishment, it is obviously not appropriate for all industries. Flexitime in private industry is most likely to be found in retail trade establishments and least likely to be found in mining, construction, and manufacturing, in which the close coordination of tasks and workers makes such scheduling difficult. The retail trade industry is unique in relation to other industry categories. As shown in table 1, 72 percent of retail establishments offer their employees some sort of flexible work-schedule/leave policy benefit. This is not surprising, given the seasonal peaks and troughs in de mand for specific types of goods, for example, Christmas, Easter, and summer. Peaks and troughs even occur on a weekly or daily basis. Hence, it is critical for the industry to maintain highly flexible staffing patterns.14 To attract a flexible work force, retail establishments must be pre 42 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Research Summaries pared to offer a wide variety of work schedules. This, in turn, represents an ideal situation for persons with offworksite responsibilities— such as mothers or students— to find employment. Examples of flexible leave are personal leave, or sick or annual leave flexibly administered— that is, not restricted to a specific time of the year or to periods of illness (some employers allow workers to use sick leave to take care of an ill child) or vacations. Like flexitime policies, the avail ability of flexible leave varies little by size of establishment but does differ by industry, ranging from 37 percent in manufacturing to 47 percent in retail trade. About 35 percent of all establishments allowed full time employees to shift temporarily to part-time jobs on a voluntary basis with corresponding cuts in pay and bene fits. The employees might work fewer hours at their usual job or be transferred to a part-time position. This practice is more prevalent among small than large establishments. It was also much more prevalent among the retail trade (50 percent) and services industries (39 percent). Job sharing, which is the division of one full-time job into two part-time ones held by different people, was of fered by about 16 percent of establishments. There was very little variation in the extent of this policy by estab lishment size; it was more prevalent in government agencies than in industry. T h e i n f o r m a t i o n c o l l e c t e d in the Survey of Em ployer-Provided Child Care Benefits shows that employers as a group have yet to respond in a significant way to the child-care needs of their workers. About 90 percent of establishments with 10 or more employees do not provide direct benefits such as day care or financial assistance. While it is true that 60 percent allow employees to alter their work schedules in ways that might help them with child care, it must be kept in mind that these policies serve a variety of purposes and may not have been formulated with child care in mind. Thus, they do not necessarily indicate that employers are focused specifically on the child-care needs of their workers. Great care must be taken in generalizing from these data about employers’ motivations and attitudes regard ing child care. Many employers, especially those with few employees, may deal with child-care problems of their workers on an ad hoc basis as they arise, rather than offering specific child-care benefits or establishing workschedule policies with child care in mind. Also, although child-care benefits are sometimes used as a tool for re cruitment or retention purposes, many firms may have no problems of this type.15 Because the 1987 survey was a one-time effort, it is difficult to extrapolate future trends from these data. It found that only 2 percent of the 442,000 establishments that reported no child-care benefits or flexible workschedule policies said they were “considering” doing Table 3. Characteristics of establishments with 10 or more employees with work-schedule or leave policies aiding child care, by type of policy, summer 1987 P e r c e n t p r o v id in g : C h a r a c te r is tic o f e s ta b lis h m e n t e s t a b lis h m e n t s (in th o u s a n d s ) V o lu n ta ry p a rt F le x it im e J o b s h a r in g W o rk at h om e F le x ib le le a v e O th e r tim e 1,202 43.2 34.8 15.5 8.3 42.9 2.1 919 236 47 45.1 37.7 34.9 36.0 32.0 25.1 16.0 13.7 15.7 9.2 5.6 3.8 43.8 39.9 40.2 1.9 2.9 3.1 Private, to ta l............................................................................. Goods-produclng, to ta l....................................................... Mining and co nstruction.................................................. Manufacturing, to ta l......................................................... Durable g o o d s.............................................................. Nondurable g o o d s ....................................................... 1,128 272 109 163 94 69 43.6 31.3 33.0 30.1 27.5 33.8 35.3 22.4 20.7 23.6 23.2 24.1 15.0 9.0 8.5 42.9 37.3 J /.5 37.2 35.3 39.8 Service-producing, to ta l...................................................... Transportation and public utilities................................... Trade, to ta l........................................................................ W holesale..................................................................... R e ta il............................................................................. Finance, insurance, and real e sta te .............................. Services ............................................................................ 856 59 427 124 303 80 290 47.5 34.4 51.2 32.3 58.9 38.9 47.2 39.4 24.6 44.1 28.6 50.4 26.1 39.2 16.9 9.6 18.1 11.7 20.7 14.9 17.3 T o ta l.......................................................................... S iz e 10 to 49 em ployees................................................................. 50 to 249 e m plo ye es.............................................................. 250 employees or m o re ......................................................... In d u s tr y 8.2 9.4 8.8 10.3 8.2 9.9 7.0 4.8 9.9 8.6 1.8 1.3 1.2 1.3 1.6 0.9 1.9 6.7 5.6 9.5 4.0 13.7 12.2 44.6 40.4 45.8 42.5 47.2 41.4 44.6 1.2 0.6 1.9 1.1 7.1 2.3 1.5 3.0 74 37.5 26.7 23.5 4.0 43.7 Private: 10 to 49 em ployees............................................................. 50 to 249 employees .......................................................... 250 employees or m o re ...................................................... 879 213 36 45.3 38.5 36.1 36.3 32.9 25.0 15.6 12.7 13.9 2.8 9.4 5.6 43.7 39.9 38.9 Goods-producing: 10 to 49 em ployees........................................................ 50 to 249 em ployees....................................................... 250 employees or m o re .................................................. 196 62 14 34.6 23.5 19.4 24.5 17.9 14.0 10.5 4.6 6.7 9.4 5.3 3.1 39.5 31.9 32.0 1.1 1.6 Service-producing: 10 to 49 em ployees........................................................ 50 to 249 employees....................................................... 250 employees or m o re .................................................. 683 151 48.3 44.4 44.7 39.6 39.0 34.1 17.1 16.1 17.9 9.4 5.9 4.6 44.9 43.1 44.5 1.7 2.9 3.7 45 34.6 32.4 41.4 25.3 21.9 24.6 9.8 8.5 10.9 7.0 12 2 40.5 39.1 45.0 .8 2.0 4.7 Trade: 10 to 49 employees.................................................. 50 to 249 em ployees............................................... 250 employees or m ore........................................... 351 69 7 51.4 50.4 46.5 44.5 42.1 41.9 18.2 17.8 15.6 3.7 3.9 46.6 41.1 51.4 1.4 1.9 3.5 Finance, insurance, and real estate: 10 to 49 employees................................................. 50 to 249 em ployees............................................... 250 employees or m ore........................................... 61 16 3 38.5 39.6 44.6 26.0 26.0 26.8 16.5 8.4 16.2 15.1 9.3 7.1 41.4 41.1 44.5 .8 1.8 3.7 Services: 10 to 49 employees................................................. 50 to 249 em ployees............................................... 250 employees or more........................................... 226 54 48.8 40.8 44.3 38.6 42.8 32.9 17.0 17.9 21.9 13.7 7.7 4.4 44.2 47.2 39.3 2.5 4.7 3.6 Government: 10 to 49 em ployees............................................................. 50 to 249 e m plo ye es.......................................................... 250 employees or m o re ...................................................... 40 23 41.1 32.1 35.5 29.8 23.5 21.7 24.4 22.4 4.2 4.1 3.4 46.2 39.9 42.2 6.8 G overnm ent............................................................................. In d u s tr y b y s iz e Transportation and public utilities: 10 to 49 employees.................................................. 50 to 249 em ployees............................................... 250 employees or m ore........................................... 22 10 11 something in the future. This appears to contradict more optimistic reports and comments by experts in the field of child care which indicate that employers are generally becoming more supportive of the child-care needs of their workers.16 However, these reports are more often than not based on anecdotal evidence rather than surveys with consistent methodologies and definitions, and so it is very https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 22.6 6.0 4.2 6.0 1.6 2.8 1.9 8.4 3.3 difficult to derive accurate estimates of the trends in em ployer policies regarding child care. --------- FOOTNOTES--------‘See U.S. Department of Labor, Report of the Secretary’s Task Force, Child Care: A Workforce Issue. 43 MONTHLY LABOR REVIEW September 1988 • 2See, for example, Beth E. Hoffman, “Employee surveys spark deci sion to establish child care,” Quirk's Marketing Research, August September, 1987, p. 34; or “California makes business a partner in daycare,” Business Week, June 8, 1987, p. 100. 3For more information on the survey methodology, see Technical Note in “ bls Reports on Employer Child-Care Practices,” usdl News, 88 -7 , Jan. 15, 1988. 4According to the bls Handbook o f Methods, an establishment is defined as an economic unit which produces goods or services, such as a factory, mine, or store. It is generally at a single location and engaged predominantly in one type of economic activity. Where a single location encompasses two or more distinct activities, these are treated as separate establishments, provided that separate payroll records are available and certain other criteria are met. See Bulletin 2285 (Bureau of Labor Statis tics, 1988), p. 13. 5For further information on children and mothers, see “Over half of mothers with children one year old or under in labor force in March 1987,” usdl News, 87-345, Aug. 12, 1987. 6U.S. Bureau of the Census, Current Population Reports, Household Economic Studies, Series P -7 0 , No. 9, Who’s Minding the Children? Child Care Arrangements: Winter 1984- 85 (U.S. Government Printing Office, Washington, 1987), p. 3, table B. 1Ibid., p. 10, table F. 8See M. Purnell and P. Proctor, Industry Sponsored Child Care: A Question o f Productivity, 1977 (Texas, Industrial Commission, 1977); or P. Voydevoff, Implications o f Work-Family Relationships for Productiv 44 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Research Summaries ity (W hite Plains, NY, Work in Am erica Institute), Studies in Productivity, Vol. 13 (New York, Pergamon Press, 1982). 9See Sheila B. Kamerman and Alfred J. Kahn, The Responsive Work place: Employers and a Changing Labor Force (New York, Columbia University Press, 1987), p. 236. 10 This law created a new Section 129 of the Internal Revenue Code that provides that employees may exclude from their gross income amounts paid by employers under qualified dependent care assistance programs. Employers, in turn, may deduct as an employee fringe benefit all amounts paid into the plan. See Employees and Child Care: Develop ment o f a New Employee Benefit, BNA Special Report (Washington, The Bureau of National Affairs, Inc., 1984), p. 13. In effect, the Federal Government is providing the benefit, because employees’ Federal in come tax obligations are reduced and these savings partially offset child-care expenses. 11Ibid., pp. 14-16. 1Statement of Shirley Dennis, director, Women’s Bureau, U.S. De partm ent o f Labor, before the Subcom m ittee on G overnm ent Operations, U.S. House of Representatives, September 9, 1987. 13For an overview of Federal efforts to establish day-care centers for Federal employees, see Lesley Barnes, “Agencies Open Doors to On-Site Sitting,” Government Executive, vol. 20, No. 3, p. 50. 14See Steven E. Haugen, “The employment expansion in retail trade, 1973-85,” Monthly Labor Review, August 1986, p. 13. 15Employees and Child Care, pp. 6 -7 . 16Ibid., p. 5. Major Agreements Expiring Next Month This list of selected collective bargaining agreements expiring in October 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. N um b er o f L a b o r o r g a n iz a t io n 1 E m p lo y e r a n d lo c a t io n I n d u s tr y o r a c t iv it y w ork ers P r iv a te C o n s t r u c t i o n ........................................... F o o d p r o d u c t s ....................................... A s s o c ia t e d G e n e r a l C o n tr a c to r s , N e w M e x ic o B u ild in g B ra n ch L a b o r e r s ........................................................... 2,000 ( N e w M e x ic o ) S o u th e a s te r n S ta te s A r e a A g r e e m e n t ( I n t e r s t a t e ) ............................................. B o ile r m a k e r s .................................................. 6,000 K e e b le r C o . (I n te r s ta te ) ...................................................................................................... B a k e r y , C o n fe c tio n e r y a n d T o b a c c o 2,800 W o rk er s A p p a r e l ...................................................... L o n d o n to w n M a n u fa c tu r in g C o . ( I n t e r s t a t e ) ........................................................ A s s o c ia t e d G a r m e n t In d u str y o f S t. L o u is , u n d e r w e a r b ra n ch L a d ie s ’ G a r m e n t W o r k e r s ..................... 1,800 3,000 U p h o ls t e r e r s .................................................. 1,450 C lo th in g a n d T e x tile W o r k e r s ............. (I n te r s ta te ) F u r n it u r e .................................................. S im m o n s C o . ( I n t e r s t a t e ) .................................................................................................. R u b b e r ........................................................ G e n e r a l T ir e a n d R u b b er C o . (M a y fie ld , .......................................................... R u b b er W o r k e r s ........................................... 1,400 S to n e , c la y , a n d g la s s p r o d u c t s . . . L i b b e y - O w e n s - F o r d C o . ( I n t e r s t a t e ) ..................................................................... A lu m in u m , B rick a n d G la s s W o rk er s 2,700 M a c h in e r y ................................................. L u fk in In d u s tr ie s In c . (L u fk in , ) ............................................................................ B o ile r m a k e r s; M a c h in ists ; M o l d e r s .. 1,000 T r a n s p o r ta tio n e q u i p m e n t ............. B a th Iro n W o r k s (B a th , m e ) ........................................................................................... N o r fo lk S h ip b u ild in g a n d D r y d o c k C orp . (N o r fo lk , v a ) .............................. T R W I n c . (C le v e la n d , o h ) ............................................................................................... M a r in e a n d S h ip b u ild in g W o r k e r s . . . B o ile r m a k e r s .................................................. A ir c r a ft W o r k e r s A llia n c e ( I n d .) ........ 4,500 1,900 2,900 U t i l i t i e s ...................................................... F lo r id a P o w e r a n d L ig h t C o . (M ia m i, f l ) ............................................................. C o n s o lid a te d G a s S u p p ly C o rp . ( W e s t V ir g in ia ) ................................................ D u k e P o w e r C o . (C h a r lo tte , n c ) .................................................................................. W is c o n s in P u b lic S e r v ic e ( W is c o n s in ) ....................................................................... E le c tr ic a l W o r k e r s ( i b e w ) ..................... S e r v ic e E m p l o y e e s ..................................... E le c tr ic a l W o r k e r s ( i b e w ) .................... O p e r a tin g E n g in e e r s .................................. 5,000 1,650 2,050 R e ta il t r a d e ............................................... B r a d le e s M e r c a n tile ( N e w J e r s e y ) .............................................................................. F o o d E m p lo y e r s C o u n c il In c . (N o r th e r n C a lifo r n ia )....................................... C h a in a n d in d e p e n d e n t f o o d s to r e s ( N e w M e x i c o ) ........................................... S u p er F r e s h F o o d M a r k e ts (I n te r s ta te ) ................................................................... Food Food Food Food 2,500 3,800 4,000 1,150 R e s ta u r a n ts ............................................. E a s t B a y R e sta u r a n t A s s o c ia t io n (S a n F r a n c is c o , H o te l E m p lo y e e s a n d R e sta u r a n t E m p lo y e e s S e r v i c e s ...................................................... N e w Y o r k C ity d ru g s to r e s ( N e w Y o r k ) ................................................................. R e ta il, W h o le s a le a n d D e p a r tm e n t S to re A m u s e m e n t s ........................................... W a lt D is n e y W o r ld /E p c o t C e n te r (F lo r id a ) ........................................................ V a r io u s ............................................................. 8.000 O h io : S ta te , C o u n ty a n d M u n ic ip a l 1,350 tx ky) ca ) ...................................... and and and and C o m m e r c ia l C o m m e r c ia l C o m m e r c ia l C o m m e r c ia l W o r k e r s ......... W o r k e r s .......... W o r k e r s ......... W o r k e r s ......... 1,100 2,000 4,500 P u b lic E d u c a tio n ................................................ U n iv e r s ity o f C in c in n a ti, c la s s ifie d e m p lo y e e s .................................. E m p lo y e e s ‘A ff ilia te d w ith A F L - C I O https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis e x c e p t w h e r e n o te d as in d e p e n d e n t ( I n d . ) . 45 Developments In Industrial Relations GE, coalition settle despite union split The General Electric Co. ( g e ) and a coalition of unions settled peacefully on new 3-year contracts, but the terms drew strong criticism from some union officials before they were approved by rank-and-file members. This was particularly true within the Electronic Workers, whose negotiating committee and a panel of local union officials recommended that rank-and-file members reject the ac cord, although union president William H. Bywater had backed it. The terms were also supported by the steering committee of the Coordinated Bargaining Committee, the umbrella organization of the 12 unions that bargain with g e . Within the Electronic Workers, the union represent ing the largest number of employees in the bargaining with g e , the final tally was 33,378.5 in favor of the agree ment, and 6,785.5 against. The dissatisfaction with the terms apparently focused on the size of the wage gains and on the adequacy of provisions for increasing employee job security. Ulti mately, it appeared that members of the various unions approved the terms simply because there was no wide spread enthusiasm to initiate a national strike, which would have been the first at g e since 1969. To some extent, strikes are difficult to mount against g e because of the large number of unions involved. The settlement, which came on June 26, the expiration date of the 1985 agreements, provides for an immediate wage increase of 2.5 percent, followed by 1.5-percent in creases in June of 1989 and 1990. The workers also gained two lump-sum payments: $165 payable immediately and $900 payable in June 1989. The provision for automatic semiannual cost-of-living pay reviews was continued at the rate of 1 cent an hour for each 0.15-per-cent increase in the b l s Consumer Price Index for Urban Wage Earn ers and Clerical Workers ( c p i - w ). According to the company, the guaranteed wage increases and cost-of-liv ing adjustments—assuming a 4.5-percent increase in the c p i - w — will raise average pay to $13.40 an hour. Under the 1985 contracts, employees received two 3-percent general wage increases plus special adjustments to those in upper pay grades; one lump-sum payment equal to 3 percent of the employee’s hourly pay rate mul“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. 46 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis tiplied by 2,080 hours; and cost-of-living adjustments totaling 43 cents an hour. The accords also provide for: • A special early retirement benefit for 25-year employ ees affected by permanent job loss. This benefit consists of the employee’s normal lifetime pension and two sup plements ($9 a month for each year of credited service and a flat $200 a month) that continue until age 62. • A $7,500 retirement payment to employees terminated because of the discontinuance of a product line, work transfer, or automation. (Previously, the payment was $5,000 and applied only when jobs were lost because of transfers and automation). • Expansion of the preferential hiring provision to permit laid-off workers to apply for jobs for up to 3 years at all of g e ’s domestic plants (previously, they could apply for jobs for up to 1 year within 250 miles of their former job). Affected employees are now eligible for company payment of moving expenses up to $1,500, and for extension of the wage-rate guarantee to 52 weeks (previously 39 weeks). • Retraining assistance of $5,000 over 3 years for laid-off workers, up from $3,000 over 2 years. Changed pension provisions include increases in the range of minimum rates to $17-$23.50 a month (from $16-$22), varying with the employee’s hourly pay rate, for each year of credited service effective July 1, 1988. The rate will rise to $18—$25 on January 1, 1990. Improve ments were made in the alternate “formula” pension which applies if it results in a higher benefit for a retiree. In another pension change, the employees’ contribution was reduced to 3 percent of earnings in excess of $25,000 a year, instead of $14,000. Other terms included $750,000 lifetime major medical coverage per person (formerly $500,000); $275 a week sickness and accident benefits (formerly $250); and $40,000 minimum life insurance coverage (formerly $35,000). Overall, the settlements covered nearly 70,000 employ ees, including 40,000 represented by the Electronic Workers and 6,300 represented by the United Electrical Workers, the two unions that negotiate with g e on a national basis. Following past practice, similar terms were negotiated by the other unions, which bargain with the company on a plant-by-plant basis. A change beneficial to ge is a new requirement that some employees contribute toward the cost of medical insurance. The contribution schedule ranges from $1 a week for workers with annual straight-time earnings of $25,000-537,499 to $5 a week for those earning $100,000 or more. Other changes include lengthening the pay pro gression schedule for new employees and reducing the 10-percent shift differential to 60 cents an hour during the first years on the job. Aluminum contract reflects profit gains Improved sales and profits were reflected in develop ments in the aluminum industry. At Kaiser Aluminum and Chemical Corp., a settlement with the United Steel workers provided for economic gains for employees, in contrast with the 3-year agreement negotiated in 1985, which cut compensation by an average of $4.50 an hour. At that time, Kaiser said the reduction was necessary because of a worldwide oversupply of aluminum and high energy costs. Elsewhere in the industry, the Aluminum Company of America and Reynolds Metals Co. began negotiations with the United Steelworkers and the Aluminum, Brick, and Glass Workers almost a year in advance of the sched uled June 30, 1989, expiration date of their current agreements. The unions, each of which represents some employees at both companies, asked for the early negotia tions in an effort to take advantage of the improved conditions in the industry by recouping the $1 an hour compensation cut they had accepted in 1986 and gaining further increases in new contracts to become effective im mediately. This would also put bargaining back on the same 3-year cycle as at Kaiser, which broke away in 1985 because its financial difficulties were more severe than those of the other companies. The 1988 accord at Kaiser features a new profit-sharing plan tied to the Midwest price of aluminum according to a formula similar to one used by the Bonneville Power Ad ministration in determining variable charges for power. According to the company, aluminum prices at the time of settlement were high enough to assure maximum quar terly distributions of $2 per compensated hour. Other terms include a 50-cent-an-hour pay increase in lieu of the $5 a share dividend employees were scheduled to receive under a stock distribution plan adopted in 1985 and now terminated; an immediate $1,000 contract sign ing bonus; re-establishment of a provision for automatic quarterly cost-of-living pay adjustments, beginning in the second year; and restoration of three paid holidays elimi nated in 1985. The contract covers 5,400 employees at plants in Gramercy, Chalmette, and Marrero, LA; Mead, Trentwood, and Tacoma, w a ; Ravenswood, wv; Newark, Toledo, and Belpre, oh ; and Purvis, MS. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis West Coast lumber workers strike Bargaining in the West Coast lumber industry centered on employee demands for restoration of cuts in compensa tion they had accepted in 1986, when the industry was in a recession. The reductions generally ranged from $1.25 to $1.65 an hour. Despite the fact that they were generally operating at a profit in 1988, the employers argued for only partial restoration of the cut, contending that they were facing increasing competition from producers in Canada and the Southern States. Usually, their contract proposals called for two lump-sum payments and one wage increase over a 3-year period. This was rejected by the labor organizations involved, the International Wood workers of America and the Western Conference of Industrial Workers, a unit of the Carpenters union. More than 8,000 of the 38,000 sawmill and plywood employees in the region walked out after their contracts expired on June 1. The stoppage initially involved Willamette Indus tries, daw Forest Products Co., and Champion Interna tional Corp. but it was later extended to several other companies. The unions did record a peaceful settlement, with Bo hemia Inc., which they viewed as a pattern-setter but other companies refused to accept the proposal, contend ing that it was too costly. The 4-year Bohemia contract provides for wage increases of 5 percent in June of 1988 and 4 percent in June of 1989, 1990, and 1991. It also provides for restoration of Christmas Eve and New Year’s Eve paid holidays that had been terminated in the 1986 settlement, and for improvements in vacation, pension, and health and welfare provisions. The accord covers about 800 workers at six operations in Oregon. Briggs & Stratton contract calls for raise Briggs & Stratton Corp., the world’s largest manufac turer of small gasoline engines, and Local 232 of the Allied Industrial Workers negotiated a 3-year contract that will become effective when the existing contract ex pires August 1, 1989. Union officials contended that they were pressured into the unscheduled bargaining by com pany threats to move some jobs from the Milwaukee (wi) area. Gerald Zitzer, the company’s director of employee relations, denied such threats were made, saying, “We just talked about our financial condition.” Late in 1987, the company did move 200 jobs to a new plant in Juarez, Mexico, after the union refused to reopen the current agreement. The new contract for the 8,200 employees provides for one wage increase of 2 percent, effective August 1, 1989. Other provisions include continuation of a profit-sharing plan and improvements in pension benefits and recall and transfer rights. 47 MONTHLY LABOR REVIEW September 1988 • Strikers ruled not eligible for food stamps Employees’ collective bargaining strength was diminished somewhat by a Supreme Court ruling that households are ineligible for food stamps when any member is on strike. In the ruling,- the Court upheld the constitutionality of a 1981 amendment to the Food Stamp Act that prohibits strikers from receiving the aid. Writing for the majority, Justice Byron R. White said that the Congress had acted to avoid favoritism to one side or another in a labor dispute, and the Government’s refusal to subsidize a strike is not an infringement of that right. Justice White acknowledged that denial of food stamps to strikers pressures them to “abandon their union’’ by returning to work “but the strikers’ right of association does not require the Government to furnish funds to maximize the exercise of that right.” In the minority opinion, Justice Thurgood Marshall, joined by Justices William J. Brennan, Jr., and Harry A. Blackmun, argued that the amendment improperly dis criminates against strikers by permitting workers idled by a strike to receive food stamps, as long as they themselves are not on strike. “Only strikers, though they may be as ‘willing to work’ in every salient respect, must give up their eligibility for food stamps if they refuse to cross a picket line.” The majority finding reversed a lower court ruling in the case, which was initiated by the Auto Workers and the United Mine Workers unions. Fired noncompetitive employees cannot sue Federal employees who are not in the competitive civil service system cannot sue the Government if they are fired or suspended, says the Supreme Court. Writing for the fivemember majority, Justice Antonin Scalia said that the Civil Service Reform Act of 1978 specifies that only employees in the competitive service are permitted to carry appeals of adverse personnel actions outside their agency. This excludes about 500,000 employees selected on a noncompetitive basis, except for those who are military veterans. In dissent, Justice John Paul Stevens, writing for Justices William J. Brennan, Jr., and Thurgood Marshall, argued that employees selected on a noncompetitive basis could appeal personnel actions beyond their agency prior to the 1978 legis lation, which did not change their rights. Pregnancy leave policy found biased A Federal District Court ruled that pregnancy leave policies of the former Western Electric Division of American Telephone and Telegraph Company constituted gender-based bias. As a result, up to 30,000 present and former female employees of what is now A T & T Technolo- 48 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Developments in Industrial Relations gies will share in backpay and be credited with additional seniority under a plan to be worked out by individual plaintiffs, the company, and the Equal Employment Op portunity Commission, subject to court approval. In the case, which began in 1978, the plaintiffs charged that Western Electric’s policies denied pregnant workers the same disability leave accorded workers with other medical disabilities. During the 1965—69 period, pregnant employees were required to begin maternity leave in the sixth month of pregnancy, regardless of whether they were capable of continuing to work. During the following 2 years, pregnant employees were permitted to continue working until the seventh month, but they could continue to exercise seniority rights only during the first 30 days of leave. As a result, they were not assured of a return to work when their pregnancy disability ended. In contrast, other disabled employees remained on the active job list for up to a year, were automatically entitled to reinstate ment unless a layoff occurred during their absence, and accrued seniority during the entire absence. The pregnancy leave policy, which Western Electric claimed it terminated in 1971, severely limited the em ployment opportunities of women, in violation of the Civil Rights Act of 1964, according to the court. The company argued that the case should be dismissed because the stat ute of limitations had expired, but the court held that the case was valid because Western Electric had continued to violate a 1982 court decision that employees on maternity leave had the same return-to-work rights as employees on other types of disability leave. Women win case against State Farm State Farm Insurance Co. settled charges by a group of female plaintiffs that the company had discriminated against them in recruiting and hiring sales agents in Cali fornia. The settlement came about 3 years after the Federal District Court ruled against the company. The 1988 settlement covered 1,113 women who applied for sales jobs with the company from July 1974 to Decem ber 1987. Under the settlement, State Farm, for the next 10 years, will reserve 50 percent of new sales agent jobs in California for women. This is the same quota the com pany has been using in California during the last 2 years. The settlement also allocates $1.3 million to be divided equally among the three original plaintiffs, and permits other plaintiffs to seek damages to be determined later. The plaintiffs’ attorney claimed that the total damages could be the highest in the history of the Civil Rights Act of 1964, but this was termed “highly speculative” by the company’s attorney. Women held two of State Farm’s 1,454 sales agent jobs in California in 1974, and 65 of 1,847 jobs in 1981. □ Book Reviews Breaking new ground Anti-protection: Changing Forces in United States Trade Politics. By I. M. Destler and John S. Odell, assisted by Kimberly Ann Elliott. Washington, Institute for International Economics, 1987. $10, paper. American proponents of open international trade have felt much put upon in the 1980’s. The simultaneous ap pearance of widespread unemployment and massive trade deficits in the United States have created growing senti ment for protection. While the steel and auto industries have been perhaps the most successful in obtaining help, industries as widespread as textiles, motorcycles, and mi crochips have also sought intervention. Internationalists, a party to which I. M. Destler and John Odell certainly belong, fear that these few can jeopardize the many’s gain from trade, because a well-defined special interest in pro tection creates more incentive to political action than the diffuse interests of consumers. As an antidote, Anti-pro tection seeks to identify interest groups that may be injured by sanctions against foreign trade and mobilize them for political action. The technique is simple: mobilize by example. The book is a catalog of efforts by interest groups to influence the legislative and executive branches to deny import re lief in 14 specific cases. Enough successful coalitions are identified to suggest that political action can prevent or dilute specific acts of protectionism that may harm a par ticular group’s interests. While I believe that such political mobilization is Dest ler and Odell’s true goal, they have presented it in the context of a scholarly monograph. As they suggest, it is perhaps the first piece of serious political science address ing antiprotection activity, and it is complete with quantification, nonparametric statistical analysis, and even a bit of econometrics. But, it is in exactly these areas that their efforts fall short. The quantifications are exceedingly crude; scales of antiprotection activity are created using a totally arbitrary and subjective weighting scheme. Why, for instance, should four congressional hearings be worth six points when one such appearance is worth four? The statistical analysis purporting to establish a causal link between political activity and policy outcomes is based on a sample of a mere 14 cases and does not report levels of significance. The econometric work on the determinants of https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis antiprotection activity is a slapdash application of a so phisticated technique. The findings, as the authors tacitly admit, are quite likely the result of misspecified models. In one case, for example, the model “explained” just over 16 percent of the observed variation in political activity of 95 importers and found that trade dependence was an insig nificant influence on their behavior. Their substantive findings, on the other hand, are inter esting enough to be of value w ith o u t s ta tis tic a l technicality. These findings were: (1) Those who partici pate most in antiprotection politics are not consumers but the special interests that benefit most from the specific trade that would be inhibited. (2) A sharp increase in political activity opposing product-specific protection oc curred over the decade ended in 1986. (3) The extent of a group’s antiprotection activity is conditioned by its de pendence on the specific item to be restricted and the probability the protection will be granted if not opposed. (4) Anti-protection activity matters. I am surprised that Destler and Odell thought it useful or necessary to bring to bear the full statistical armory of the social scientist on these issues. If they intended to give their findings extra credibility, they are not convincing for the reasons outlined earlier. If their aim was mobilization, they might have simply expanded on selected cases with an eye toward identifying specific political techniques use ful to antiprotection coalitions. As it stands, they do neither well. Indeed, the quantitative aspects of the paper may very easily turn away the very audience they sought to mobilize. Criticism is part of Destler and Odell’s burden for being out in front of this issue, and it would be unfair of me not to make some specific suggestions for improvement. First, several classes of cases the authors excluded from their analysis might be included: rejected escape clause petitions at the International Trade Commission, administratively decided trade cases from the Commerce Department, and, especially, legislative initiatives that die in congressional committee. These are, at their heart, political proceedings, and their inclusion would bring the number of cases in the statistical analysis closer to an acceptable level. Second, the measures of political activity might include participa tion in political action com m ittees and campaign financing. Data are available at the Federal Election Com mission and are in dollars, a convenient scaling device. 49 MONTHLY LABOR REVIEW September 1988 • Third, when, as the authors’ frankly admit, “received the ory on these phenomena is quite weak,” effort should be directed toward improving the theory before, or even rather than, conducting unconvincing empirical tests. — R ic h a r d M . D e v e n s , Jr . D ivision o f L a b o r F o rc e S tatistics B u re a u o f L a b o r S tatistics Book Reviews T ra jte n b e rg , M an u el, Patents, Citations and Innovations: Trac ing the Links. C a m b rid g e , m a , N a tio n a l B u re a u o f E c o n o m ic R esearch , Inc., 1987, 42 pp. (W o rk in g P a p e r Series, 2457.) $2, paper. W a ld ro p , J u d ith , “ T h e F a sh io n a b le F a m ily ,” graphics, M a rc h 1988, pp. 2 2 -2 6 . American Demo W ard ley , P e te r, “ L a b o u rin g O v er P ro d u c tiv ity E stim ates: A C o m m e n t o n H ir s c h a n d H o u s m a n ’s M o d e l o f C o a l M in e rs’ P ro d u c tiv ity , 1 8 7 4 -1 9 1 4 ,” Economica, N o v em b er 1987, pp. 5 2 1 -2 4 . Publications received Economic growth and development Agriculture and natural resources B rew er, A n th o n y , “ T u rg o t: F o u n d e r o f C lassical E c o n o m ic s,” Economica, N o v e m b e r 1987, pp. 4 1 7 -2 8 . “ C u ttin g a S w ath T h ro u g h F a rm S ubsidies a n d S u rp lu se s,” The oecd Observer, D e c e m b e r 1 9 8 7 -J a n u a ry 1988, pp. 9 - 1 1 . L am p e, D av id , ed., R e so u rc e s fo r th e F u tu re , Resources for the port, 1987. W a sh in g to n , 1987, 77 pp. Future Annual Re The Massachusetts Miracle: High Technol ogy and Economic Revitalization. C am b rid g e, m a , T h e m i t P ress, 1988, 367 pp. $16.95. Health and safety Economic and social statistics B ean, F ra n k D ., B. L in d say L ow ell, L ow ell J. T a y lo r, “ U n d o c u m e n te d M ex ican Im m ig ra n ts a n d th e E a rn in g s o f O th e r W o rk e rs in th e U n ite d S ta te s,” Demography, F e b ru a ry 1988, pp. 3 5 -5 2 . B oone, L ouis E ., D a v id L. K u rtz , C. P a tric k F leen o r, “ T h e R o a d to th e T o p ,” American Demographics, M a rc h 1988, pp. 3 4 -3 7 . C a rd , D a v id , Longitudinal Analysis of Strike Activity. C a m brid g e, m a , N a tio n a l B u re a u o f E co n o m ic R e se a rc h , Inc., 1987, 52 pp. (W o rk in g P a p e r Series, 2263.) $2, p ap er. C h o ld in , H a rv e y M ., “ G o v e rn m e n t S tatistics: T h e C o n flict B e tw e e n R e s e a rc h a n d P riv a c y ,” Demography, F e b ru a r y 1988, pp. 1 4 5 -5 4 . Adjusting Output and Productivity Indexes for Changes in the Terms of Trade. R e p rin te d fro m the Economic Journal, S ep tem b er 1986, pp. D iew ert, W . E rw in a n d C a th e rin e J. M o rriso n , 6 5 9 -7 9 . C am b rid g e, R e se a rc h , In c., 1987. N a tio n a l B u re a u o f E c o n o m ic ( n b e r R e p rin t, 937.) $2, p aper. m a , M cC all, N e ld a a n d o th ers, “ E v a lu a tio n o f A riz o n a H e a lth C are C o st C o n ta in m e n t S ystem , 1 9 8 4 -8 5 ,” Health Care Financ ing Review, W in te r 1987, pp. 7 9 -9 0 . Digging Our Own Graves: Coal Miners and the Struggle Over Black Lung Disease. P h ila d e lp h ia , p a , S m ith , B a rb a ra E llen, T em p le U n iv ersity P ress, 1987, 240 pp. $24.95. Personnel for Health Needs of the Elderly Through the Year 2020. Be- U .S. D e p a rtm e n t o f H e a lth a n d H u m a n Services, th e s d a , m d , U .S . D e p a r tm e n t o f H e a lth a n d H u m a n S erv ices, P u b lic H e a lth S ervice, N a tio n a l In s titu te s o f H e a lth , N a tio n a l In s titu te on A ging, 1987, 199 pp. Learning About Risk: Consumer and Worker Responses to Hazard Information. C am b rid g e, m a , H a rv a rd U n iv ersity P ress, V iscusi, W . K ip a n d W esley A . M a g a t a n d o th e rs, 1987, 197 pp. $27.50. Industrial relations The Tragedy of Black Lung: Federal Compensa tion for Occupational Disease, K a la m a z o o , m i , W . E. B a rth , P e te r S., Social U p jo h n In s titu te fo r E m p lo y m e n t R esearch , 1987, 292 pp. $16.95, clo th ; $11.95, p aper. F itz ro y , F elix R . a n d K o rn e liu s K ra ft, “ E fficiency a n d In te rn a l O rg a n iz a tio n : W o rk s C o u n cils in W est G e rm a n F irm s ,” Economica, N o v e m b e r 1987, pp. 4 9 3 -5 0 4 . B aer, W a lte r E ., Arbitration for the Practitioner. Jefferson, n c , M c F a rla n d & C o., In c., P u b lish ers, 1988, 161 pp. $24.95. F e rriss, A b b o tt L ., “ T h e U ses o f Social In d ic a to r s ,” Forces, M a rc h 1988, pp. 6 0 1 -1 7 . K ru e g e r, A la n B., The Determinants of Queues for Federal Jobs. C am b rid g e, m a , N a tio n a l B u re a u o f E c o n o m ic R esearch , Inc., 1988, 27 pp. ( n b e r W o rk in g P a p e r, 2499.) $2, p ap er. C ro c k e tt, G e o ff a n d K e n H a ll, “ S a la rie d P ro fe ssio n a ls a n d U n io n M em b ersh ip : A n A u stra lia n P e rsp e c tiv e ,” The Jour nal of Industrial Relations, M a rc h 1987, pp. 4 9 - 6 5 . Ameri F io rito , Jack , D a n ie l G . G a lla g h e r, C y n th ia V. F u k a m i, “ S atis fa c tio n w ith U n io n R e p re se n ta tio n ,” Industrial and Labor Relations Review, J a n u a ry 1988, pp. 2 9 4 -3 0 7 . R o b e rts, Jo h n , “ A n E q u ilib riu m M o d el w ith In v o lu n ta ry U n e m p lo y m e n t a t F lexible, C o m p e titiv e P rices a n d W ag es,” The American Economic Review, D e c e m b e r 1987, pp. 8 5 6 -7 4 . F isc h e r, S tanley, ed., nber Macroeconomics Annual 1987. C a m b ridge, m a , T h e m i t P ress, 1987, 321 pp. $25.95, cloth; $12.95, p aper. R ich e, M a rth a F a rn s w o rth , “ A m e ric a ’s N ew W o rk e rs,” can Demographics, F e b ru a ry 1988, pp. 3 4 - 4 1 . S m ith, L eslie M a n n , “ B abies fro m A b ro a d ,” American graphics, M a rc h 1988, beg in n in g on p. 38. Demo S orensen, A n n e m e tte a n d S ara M c L a n a h a n , “ M a rrie d W o m e n ’s E co n o m ic D ep en d en cy , 1 9 4 0 -1 9 8 0 ,” American Journal of Sociology, N o v e m b e r 1987, pp. 6 5 9 -8 7 . S tipp, H o rs t H ., “ C h ild re n as C o n su m e rs,” graphics, F e b ru a ry 1988, pp. 2 6 - 3 2 . 50 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis American Demo K le in e r, M o rris M . a n d o th e rs, eds., Human Resources and the Performance of the Firm. M ad iso n , w i, In d u s tria l R e la tio n s R e se a rc h A sso ciatio n , 1987, 343 pp. $15, p ap er, p lu s m a il ing charges. Collective Bargain ing in American Industry: Contemporary Perspectives and Future Directions. L ex in g to n , m a , L ex in g to n B o o k s/D .C . L ipsky, D a v id B. a n d C liffo rd B. D o n n , eds., H e a th a n d C o., 1987, 351 pp. $37. M cS hane, Steven L. a n d D a v id C. M cP h illip s, “ P re d ic tin g R e a sonable N o tic e in C a n a d ia n W ro n g fu l D ism issal C ases,” Industrial and Labor Relations Review, O c to b e r 1987, pp. 1 0 8 -1 7 . Highlights of New Industrial Relations: Semi-Annual Annotations of Significant Books, Articles, and Papers. K in g sto n , O n ta rio , Q u e e n ’s U n iv ersity , In d u s tria l Q u e e n ’s U n iv e rs ity , R e la tio n s C e n te r, 1987, 15 pp. S chooley, T im , “ R e in sta te m e n t R ig h ts o f S trik in g P u b lic E m ployees,” California Public Employee Relations, D ecem b er 1987, pp. 2 - 1 8 . Silvia, S tep h en J., “ T h e W est G e rm a n L a b o r L aw C o n tro v ersy : A S tru g g le fo r th e F a c to ry o f th e F u tu r e ,” Comparative Politics, J a n u a ry 1988, pp. 1 5 5 -7 3 . S m ith, R o b e rt S., “ C o m p a ra b le W o rth : L im ite d C overage an d th e E x a c e rb a tio n o f In e q u a lity ,” Industrial and Labor Re lations Review, J a n u a ry 1988, pp. 2 2 7 -3 9 . S tack p o o l, J. E., “ In d u s tria l R e la tio n s L egislation in 1986,” The Journal of Industrial Relations, M a rc h 1987, pp. 9 2 -1 0 1 . T h e B u reau o f N a tio n a l A ffairs, In c., Grievance Guide, 7 th ed. W a sh in g to n , 1987, 410 pp. $20. A d d S tate sales tax an d $2.50 sh ip p in g ch arges. A vailab le fro m bna B ooks D is tri b u tio n C en ter, E d iso n , nj 08818. “ V o tin g on C o n tra c ts in th e A u to In d u s try — V o tin g fo r W age C o ncessions: T h e C ase o f th e 1982 g m - uaw N e g o tia tio n s,” by B ru ce E. K a u fm a n a n d Jo rg e M a rtin ez -V azq u ez; “ U n io n B arg ain in g D ecisions a n d C o n tra c t R atificatio n s: T h e 1982 a n d 1984 A u to A g re e m e n ts,” by P e te r C appelli a n d W . P. S terling, Industrial and Labor Relations Review, J a n u a ry 1988, pp. 1 8 3 -2 1 4 . Empty Promises: Quality of Working Life Programs and the Labor Movement. N ew Y o rk , M o n th ly W ells, D o n a ld M ., R eview P ress, 1987, 167 pp. $26, clo th ; $10, p ap er. I n d u s tr y an d g o v e r n m e n t o r g a n iz a tio n Job Creation in America: How Our Smallest Companies Put the Most People to Work. N ew Y o rk , T h e B irch, D a v id L ., F re e P ress, 1987, 244 pp. $22.95. G ra y , W ay n e B., “ T h e C o st o f R e g u latio n : osha , epa , a n d th e P ro d u c tiv ity S lo w d o w n ,” The American Economic Review, D e c e m b e r 1987, pp. 9 9 8 -1 0 0 6 . Atomic Energy of Canada Limited: The Crown Corporation as Strategist in an Entrepreneurial, GlobalScale Industry. O tta w a , T h e E c o n o m ic C o u n cil o f C a n a d a , L e rm e r, G eo rg e, 1987, 75 pp., b ib lio g rap h y . $8.95, C an ad a; $10.75, o th e r co u n trie s. A v ailab le fro m C a n a d ia n G o v e rn m e n t P u b lish ing C e n te r, O ttaw a. The Dilemma of Toxic Substance Regula tion: How Overregulation Causes Underregulation at osha. M endeloff, J o h n M ., C am b rid g e, m a , T h e mit P ress, 1988, 321 pp. $35. 1988 U.S. Industrial Outlook: With Expanded Coverage of the Services Sector, Construc tion, High-tech, and Emerging Industries. W a sh in g to n , U .S. U .S. D e p a rtm e n t o f C o m m erce, D e p a rtm e n t o f C o m m erce, In te rn a tio n a l T ra d e A d m in is tra tio n , 1988, 650 pp. $24, p ap er. C h ich iln isk y , G ra c ie la a n d G eoffrey H eal, The Evolving Interna tional Economy. N ew Y o rk , C a m b rid g e U n iv ersity P ress, 1986, 156 pp. F eld stein , M a rtin , ed., The United States in the World Economy. C am b rid g e, m a , N a tio n a l B u re a u o f E c o n o m ic R esearch , In c., 1987, 63 pp. (nber S u m m a ry R e p o rt.) Staiger, R o b e rt W . a n d G u id o T abellini, “ D isc re tio n a ry T ra d e P olicy a n d E xcessive P ro te c tio n ,” The American Economic Review, D e c e m b e r 1987, pp. 8 2 3 -3 7 . T o en , M ichael, “ R em o v in g th e B a rrie rs to In te rn a tio n a l T ra d e ,” The oecd Observer, D e c e m b e r 1 9 8 7 - J a n u a ry 1988, pp. 1 5 -1 8 . Public Service Labour Relations: Re cent Trends and Future Prospects. (A Comparative Survey of Seven Industrialised Market Economy Countries). G eneva, T re u , T iz ia n o a n d o th ers, In te rn a tio n a l L a b o u r O ffice, 1987, 287 pp. D istrib u te d in U n ite d S tates by th e W a sh in g to n b ra n c h o f ilo . L a b o r fo r c e B allagh, Jam es H ., E u g en ia B. M axw ell, K e n n e th A. P erea, Absenteeism in the Workplace. C h ic a g o , il , C o m m e rc e C learin g H o u se, In c., 1987, 274 pp. $35. The Distribution of Unem ployment Spells: Canada, 1978-82. K in g s to n , O n ta rio , B each, C h a rle s M . a n d S. F. K alisk i, C a n a d a , Q u e e n ’s U n iv ersity , In d u s tria l R e la tio n s C en ter, 1987. R e p rin te d fro m th e Industrial and Labor Relations Review, Ja n u a ry 1987, pp. 2 5 4 -6 7 . (R e p rin t Series, 70.) B reslaw , Jo n A . a n d M o rto n S telcner, “ T h e E ffect o f H e a lth on th e L a b o r F o rc e B eh av io r o f E ld erly M en in C a n a d a ,” The Journal of Human Resources, F a ll 1987, pp. 4 9 0 -5 1 7 . C ook, R o b e rt F ., ed., Worker Dislocation: Case Studies of Causes and Cures. K a la m a z o o , m i , W . E. U p jo h n In s titu te for E m p lo y m e n t R e se a rc h , 1987, 219 pp. E rg a s, H e n ry a n d Je ffre y S h afer, “ C u ttin g U n e m p lo y m e n t T h ro u g h L a b o u r-M a rk e t F lex ib ility ,” The oecd Observer, D e c e m b e r 1 9 8 7 -J a n u a ry 1988, pp. 1 9 -2 1 . G ra n ic k , D av id , Job Rights in the Soviet Union: Their Conse quences. N ew Y o rk , C a m b rid g e U n iv ersity P ress, 1987, 344 pp. $49.50. G re a t B ritain , D e p a rtm e n t o f E m p lo y m e n t, “ E th n ic O rig in s a n d th e L a b o u r M a rk e t,” Employment Gazette, M a rc h 1988, pp. 1 6 4 -7 7 . What Do We Know About Worker Dis placement in the U.S.? C am b rid g e, m a , N a tio n a l B u reau o f H a m e rm e sh , D a n ie l S., E c o n o m ic R e se a rc h , In c. 1987, 12 pp. (W o rk in g P a p e r Se ries, 2402.) $2, p aper. On the Composition and Outcome of Swedish Labour Market Policy, 1970-1987. S to ck h o lm , Sw eden, Jo h a n n e sso n , Ja n , D e leg atio n fo r L a b o u r M a rk e t P olicy R esearch , 1987, 34 pp. K a h n , A lfre d J. a n d S heila B. K a m e rm a n , Child Care: Facing the Hard Choices. D o v er, m a , A u b u rn H o u se P u b lish in g C o., 1987, 273 pp. $26. Work Expe rience and Psychological Development Through the Life Span. W a sh in g to n , A m e ric a n A sso ciatio n fo r th e A d v a n c e M o rtim e r, Jey lan T . a n d K a th ry n M . B o rm an , eds., I n te r n a tio n a l e c o n o m ic s B ow en, H a rry P ., E d w a rd E. L earner, L eo S veikauskas, “ M u lti c o u n tr y , M u l ti f a c to r T e s ts o f th e F a c t o r A b u n d a n c e T h e o ry ,” The American Economic Review, D e c e m b e r 1987, pp. 7 9 1 -8 0 9 . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis m e n t o f Science, 1988, 306 pp. (aaas S elected S ym posium , 107.) $29.95, p ap er. D istrib u te d by W estview P ress, Inc., B o u ld er, c o . 51 MONTHLY LABOR REVIEW September 1988 • R osen, E llen Israel, Bitter Choices: Blue-Collar Women In and Out o f Work. C hicago, il, T h e U n iv ersity o f C h icag o P ress, 1987, 220 pp. $25.95. R o th b e rg , D ia n e S. a n d B a rb a ra E n so r C ook, Employee Benefits for Part-Timers. 2d. ed. A le x a n d ria , v a , A sso c ia tio n o f P a rt-T im e P rofessionals, 1987, 78 pp. $14.95, m em bers; $16.95, n o n m em b ers, p ap er. S chappi, J o h n V., Improving Job Attendance. W a sh in g to n , T h e B u re a u o f N a tio n a l A ffairs, In c., 1988, 254 pp. V an H o rn , S usan H o u se h o ld e r, Women, Work, and Fertility, 1900-1986. N ew Y o rk , N ew Y o rk U n iv ersity P ress, 1988, 232 pp. $35. Innovating to Compete: Lessons for Diffus ing and Managing Change in the Workplace. San F ra n c isc o , W a lto n , R ic h a rd E ., ca , J o s s e y -B a s s In c., P u b lish ers, 1987, 361 pp. $25.95. Quits, Moves, Spatial Equilibrium and Work place Relocation. C a m b rid g e , m a , N a tio n a l B u re a u o f Z ax, Jeffrey S., E c o n o m ic R e se a rc h , In c., 1987, 31 pp. (W o rk in g P a p e r Series, 2469.) $2, p aper. M o n e ta r y a n d fis c a l p o lic y B ecketti, Sean a n d C h a rle s S. M o rris, “ L o a n Sales: A n o th e r Step in th e E v o lu tio n o f th e S h o rt-T e rm C re d it M a rk e t,” Eco nomic Review, F e d e ra l R e s e rv e B a n k o f K a n s a s C ity , N o v e m b e r 1987, pp. 2 2 - 3 1 . G a rn e r, C. A la n , “ T h e Y ield C u rv e a n d In fla tio n E x p e c ta tio n s,” Economic Review, S e p te m b e r-O c to b e r 1987, pp. 3 - 1 5 . K a h n , G eo rg e, A ., “ D o lla r D e p re c ia tio n a n d In fla tio n ,” Eco nomic Review, F e d e ra l R e s e rv e B a n k o f K a n s a s C ity , N o v e m b e r 1987, pp. 3 2 -4 9 . P earce, D o u g la s K ., “ C hallenges to th e C o n c e p t o f S tock M a r k et E fficien cy ,” Economic Review, F e d e ra l R eserv e B an k o f K a n sa s C ity, S e p te m b e r-O c to b e r 1987, pp. 1 6 -3 3 . Facilitating Technological Change: The Hu man Resource Challenge. C a m b r id g e , m a , B a llin g e r F ly n n , P a tric ia M ., m a , N a tio n a l B u re a u o f E co n o m ic R esearch , In c., 1987. (nber R e p rin t, 894.) $2, p ap er. G in n e k e n , W o u te r van, “ W age P olicies in In d u s tria liz e d M a rk e t E co n o m ies fro m 1971 to 1986,” International Labour Re view, J u l y - A u g u s t 1987, pp. 3 7 9 -4 0 4 . G ra n t, E. K e n n e th , R o b e rt S w idinsky, Jo h n V a n d e rk a m p , “ C a n a d ia n U n io n -N o n u n io n W age D iffe re n tia ls,” Industrial and Labor Relations Review, O c to b e r 1987, pp. 9 3 -1 0 7 . Incentives, Cooperation, and Risk Sharing: Economic and Psychological Perspectives on Em ployment Contracts. T o to w a , nj , R o w m a n & L ittlefield N a lb a n tia n , H a ig R ., ed., P u b lish ers, 1987, 239 pp. $45. S o rensen, E lain e, “ E ffect o f C o m p a ra b le W o rth P o licies on E a rn in g s f Industrial Relations, F a ll 1987, pp. 2 2 7 -3 9 . W h ite, M ichael, Working Hours: Assessing the Potential for Re duction. G eneva, In te rn a tio n a l L a b o u r O ffice, 1987, 104 pp. D istrib u te d in th e U n ite d S tates by th e W a sh in g to n b ra n c h o f ilo . W e lfa r e p r o g r a m s a n d s o c ia l in s u r a n c e A llen, S teven a n d R o b e rt L. C la rk , Pensions and Firm Perfor mance. C a m b rid g e , m a , N a tio n a l B u re a u of E c o n o m ic R e se a rc h , In c., 1987, 66 pp. (W o rk in g P a p e r Series, 2266.) $2, p aper. D e ja rd in , Jérô m e, “ T h e In te rn a tio n a l S ocial S ecurity A sso cia t i o n a t 6 0 ,” International Labour Review, S e p te m b e r - O c to b e r 1987, pp. 5 8 5 -9 5 . H u rd , M ic h a e l D . The Marginal Value o f Social Security. C am b rid g e, m a , N a tio n a l B u reau o f E c o n o m ic R esearch , In c., 1987, 33 pp. (W o rk in g P a p e r Series, 2411.) $2, p ap er. K o tlik o ff, L a u re n c e J. a n d D a v id A . W ise, Pension Backloading, C am b rid g e, MA, N a tio n a l B u re a u o f E co n o m ic R esearch , In c., 1987, 57 pp. (W o rk in g P a p e r Series, 2463.) $2, p aper. Pension Wealth, Age-Wealth Profiles, and the Distribution of Net Worth. M c D e rm e d , A n n , R o b e rt C la rk , S teven A llen, P u b lish in g C o., 1988, 223 pp. H u lte n , C h a rle s R ., Ja m e s W . R o b e rtso n , F ra n k C. W ykoff, Energy, Obsolescence, and the Productivity Slowdown. C a m brid g e, m a , N a tio n a l B u re a u o f E co n o m ic R esearch , In c., 1987, 46 pp. (W o rk in g P a p e r Series, 2404.) $2, p ap er. Jo rg e n so n , D ale, F ra n k G o llo p , B a rb a ra F ra u m e n i, Productivity and U.S. Economic Growth. C am b rid g e, m a , H a rv a rd U n i versity P ress, 1987, 567 pp. $32. W a g e s an d c o m p e n s a tio n C am b rid g e, m a , N a tio n a l B u re a u o f E c o n o m ic R esearch , In c ., 1987, 58 pp. (W o rk in g P a p e r Series, 2439.) $2, p ap er. M itch ell, O livia S., Worker Knowledge of Pension Provisions. C am b rid g e, m a , N a tio n a l B u reau o f E c o n o m ic R esearch , In c., 1987, 27 pp. (W o rk in g P a p e r Series, 2414.) $2, p aper. Annual Report of the Railroad Re tirement Board for Fiscal Year Ending September 30, 1986. R a ilro a d R e tire m e n t B o ard , C hicago, IL, R a ilro a d R e tire m e n t B o ard , 1987, 120 pp. Permanent Disabil ity Benefits in Workers’ Compensation. K a la m a z o o , M l , W . E. U p jo h n In s titu te fo r E m p lo y m e n t R e se a rc h , 1987, 459 pp., bib lio g rap h y . B lank, R eb ecca M ., Why Are Wages Cyclical in the 1970s? C a m brid g e, m a , N a tio n a l B u re a u o f E c o n o m ic R e se a rc h , In c., 1987, 34 pp. (W o rk in g P a p e r Series, 2396.) $2, p ap er. An Incentives Approach to Improving the Unemployment Compensation System. B urgess, P a u l L. a n d J e rry L. K in g sto n , K a la m a z o o , m i , W . E. U p jo h n In s titu te fo r E m p lo y m e n t R esearch , 1987, 273 pp. 52 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Inter-Industry Wage Differences and Industry Characteristics. C am b rid g e, D ic k e n s, W illiam T . a n d L a w re n c e F. K a tz , Wage Taxes, and Work Disincentives. P r o d u c tiv ity an d te c h n o lo g ic a l c h a n g e B erkow itz, M o n ro e a n d Jo h n F . B u rto n , Jr., Book Reviews R y^ner, M a rily n P. a n d G e ra ld S. A d le r, “ C h ild re n a n d M e d ic aid: T h e E x p erie n ce in F o u r S ta te s,” Health Care Financing Review, F a ll 1987, pp. 1 -2 0 . W o r k e r tr a in in g an d d e v e lo p m e n t L evitan, S ar A . a n d F ra n k G allo , A Second Chance: Training for Jobs. K a la m a z o o , m i , W . E. U p jo h n In s titu te fo r E m p lo y m e n t R e se a rc h , 1988, 220 pp. R e u te rsw a rd , A n d e rs, “ E d u c a tin g a n d T ra in in g T o m o rro w ’s W o rk fo rc e ,” The oecd Observer, D e c e m b e r 1 9 8 7 -J a n u a ry 1988, pp. 2 2 -2 4 . Current Labor Statistics Schedule of release dates for major statistical series .................................................................................................... 54 Notes on Current Labor Statistics ............................................................................................................................................................ 55 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............................................................................................................................ 65 66 66 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 S tate........................................................................................................................................ Employment of workers by State ..................................................................................................................................................................... Employment of workers by industry, data seasonally adjusted.................................................................................................................. Average weekly hours by industry, data seasonally 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...................................................................................................................... 67 68 69 70 71 71 71 72 72 73 74 75 76 76 77 77 77 78 Labor compensation and collective bargaining data 22. 23. 24. 25. 26. 27. 28. 29. 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........................................................................................................................................................................ Average specified compensation and wage adjustments, bargaining situations covering 1,000workers or m ore............................. Average effective wage adjustments, bargaining situations covering 1,000 workers or m ore............................................................... Specified compensation and wage adjustments, State and local government bargaining situations covering 1,000 workers or m o r e ............ ....................................... ............................................................................................................................................. Work stoppages involving 1,000 workers or m o re........................................................................................................................................ 79 80 81 82 82 83 83 83 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 84 87 88 53 MONTHLY LABOR REVIEW September 1988 • Current Labor Statistics 33. Producer Price Indexes by stage of processing .............................................................................................................................................. 34. Producer Price Indexes, by durability of product.......................................................................................................................................... 35. Annual data: Producer Price Indexes .by stage of processing ..................................................................................................................... 89 90 90 36. 37. 38. 39. 40. export price indexes by Standard International Trade Classification................................................................................................ import price indexes by Standard International Trade Classification.............................................................................................. export price indexes by end-use category................................................................................................................................................ import price indexes by end-use category.............................................................................................................................................. export price indexes by Standard Industrial Classification................................................................................................................. 91 92 93 93 93 41. U.S. import price indexes by Standard Industrial Classification................................................................................................................. 94 U.S. U.S. U.S. U.S. U.S. Productivity data 42. Indexes of productivity, hourly compensation, and unit costs, dataseasonally adjusted....................................................................... 43. Annual indexes of multifactor productivity.................................................................................................................................................... 44. Annual indexes of productivity, hourly compensation, unit costs, and prices .......................................................................................... 94 95 96 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 ra tes.................................................................................................................... 99 Schedule of release dates for BLS statistical series Release date Period covered Release date Period covered Release date Period covered MLR table number P r o d u c tiv it y a n d c o s ts : N o n fin a n c ia l c o r p o r a t io n s .......................... S e p te m b e r 1 2 n d q u a rte r 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 2- 4? 44 2* 4 2 44 E m p lo y m e n t s itu a tio n ....................................... S e p te m b e r 2 A ugust 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 P r o d u c e r P r ic e I n d e x ......................................... S e p te m b e r 9 A ugust 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 2; 3 3 - 3 5 C o n s u m e r P r ic e In d e x ..................................... S e p te m b e r 21 A ugust 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 2; 3 0 - 3 2 R e a l e a r n i n g s ......................................................... S e p te m b e r 21 August O c to b e r 21 S e p te m b e r N o vem b er 22 O c to b e r 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 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 st 9 m o n th s U .S . Im p o r t a n d E x p o rt P r ic e In d e x e s . . . O c to b e r 2 7 3 rd q u a rte r O c c u p a t io n a l in ju r ie s a n d i l ln e s s e s .......... 54 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1; 4 - 2 1 1 N o v e m b e r 15 1987 3* 2 2 24 3- pR PR 3fi 41 48 NOTES ON CURRENT LABOR STATISTICS This section of the Review presents the principal statistical series collected and calculated by the Bureau of Labor Statistics: series on labor force, employment, unemployment, 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. A dditional Inform ation General notes The following notes apply to several tables in this section: Seasonal adjustment. Certain monthly and quarterly data are adjusted to eliminate the effect on the data of such factors as climatic conditions, industry production schedules, opening and closing of schools, holiday buying periods, and vacation practices, which might prevent short-term evaluation of the statistical series. Tables containing data that have been adjusted are identified as “seasonally adjusted.” (All other data are not seasonally adjusted.) Seasonal effects are estimated on the basis of 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 m ajor modifications in the seasonal adjustm ent m eth odology for labor force data. First, the data are seasonally adjusted with a procedure called x-11 arima , 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 The x-11 a r i m a Seasonal Adjustment Method 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 Review, 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 Review using the x-11 arima seasonal adjustm ent methodology. New seasonal factors for productivity data in table 42 are usually introduced in the September issue. Seasonally adjusted indexes and percent changes from m onth to m onth 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 D ata 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 m ajor 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 Employment and Earnings, a monthly publication of the Bureau. More data from the household survey are published in the data books— Revised Seasonally Adjusted Labor Force Statistics, Bulletin 2306, and Labor Force Statistics Derived From the Current Population Survey, Bulletin 2307. More data from the establish ment survey appear in two data books— Employment, Hours, and Earnings, United States, and Employment, Hours, and Earnings, States and Areas, and the supplements to these data books. More detailed information on employee compensation and collective bargaining settlements is published in the monthly periodical, Current Wage Developments. More detailed data on consumer and producer prices are published in the monthly periodicals, The c p i Detailed Report, and Producer Price Indexes. Detailed data on all of the series in this section are provided in the Handbook of Labor Statistics, which is published biennally by the Bureau, bls bulletins are issued covering productivity, injury and illness, and other data in this section. Finally, the Monthly Labor Review 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. Sym bols 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. C O M P A R A T IV E IN D IC A T O R S (Tables 1 - 3 ) Comparative indicators tables provide an overview and comparison of m ajor 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 m ajor 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 m ajor demographic groups based, on the Current Population (“household”) Survey are presented, while meas ures of employment and average weekly hours by m ajor industry sector are given using nonagricultural payroll data. The Employment Cost Index (compensation), by m ajor 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. 55 MONTHLY LABOR REVIEW September 1988 • 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 Current Labor Statistics series, contribute to the variation in changes among the individual measures. N o tes 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 Handbook o f Methods, Bulletin 2285 (Bureau of Labor Statistics, 1988), as well as the additional bulletins, articles, and other publications noted in the separate sections of the Review’s “Current Labor Statistics Notes.” Users may also wish to consult Major Programs, Bureau o f Labor Statistics, Report 718 (Bureau of Labor Statistics, 1985). E M PL O Y M E N T A N D U N E M PLO Y M E N T DATA (Tables 1; 4 - 2 1 ) H o u s e h o ld s u r v e y d a ta population ratio is total employment (including the resident Armed Forces) as a percent of the noninstitutional population. D escription o f the series N o tes 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 Employment and Earnings. Data in tables 4 -1 0 are seasonally adjusted, based on the seasonal experience through December 1987. D efin ition s 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 56 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A dditional sources o f inform ation For detailed explanations of the data, see b l s Handbook o f Methods, Bulletin 2285 (Bureau of Labor Statistics, 1988). Historical unadjusted data from 1948 to 1987 are available in Labor Force Statistics Derived from the Current Population Survey, Bulletin 2307 (Bureau of Labor Statistics, 1988). Historical seasonally adjusted data appear in Labor Force Statistics Derived from the Current Population Survey: A Data book, Vol. II, Bulletin 2096 (Bureau of Labor Statistics, 1982), and Revised Seasonally Adjusted Labor Force Statistics, 1978-87, 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,” Monthly Labor Review, December 1969, pp. 9-2 0 . E s ta b lis h m e n t s u r v e y d a ta D escription o f the series Em ploym ent , hours , a n d earning s 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. D efin ition s 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 Review. 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. Overtime hours represent the portion of average weekly hours which was in excess of regular hours and for which overtime premiums were paid. The Diffusion Index, introduced in the May 1983 Review, 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. N o tes 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 Review. Consequently, data published in the Review 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 Supplement to Employment and Earnings (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 Review). 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. A dditional sources o f inform ation Detailed national data from the establishment survey are published monthly in the BLS periodical, Employment and Earnings. Earlier comparable unadjusted and seasonally adjusted data are published in Employment, Hours, and Earnings, United States, 1909-84, Bulletin 1312-12 (Bureau of Labor Statistics 1985) and its annual supplement. For a detailed discussion of the methodology of the survey, see bls Handbook o f Methods, 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,” Monthly Labor Review, December 1969, pp. 9-2 0 . U n e m p lo y m e n t d a ta b y S ta t e D escription o f 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 . N o tes 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. A dditional sources o f inform ation 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, Employment and Earnings, and the annual report, Geographic Profde o f Employment and Unemployment (Bureau of Labor Statistics). See also bls Handbook o f Methods, Bulletin 2285 (Bureau of Labor Statistics, 1988). 57 MONTHLY LABOR REVIEW September 1988 • Current Labor Statistics C O M P E N S A T IO N A N D W A G E D A T A (Tables 1 - 3 ; 2 2 - 2 9 ) Com pensation a n d wage data are gathered b.y the Bureau from business establishments, State and local governments, labor unions, collective bargaining agreements on file with the Bureau, and secondary sources. E m p lo y m e n t C o s t I n d e x D escription o f 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 etrop olitan / 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. D efin ition s 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. 58 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis N o tes 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 b l s periodical, Current Wage Developments. A dditional sources o f inform ation For a more detailed discussion of the Employment Cost Index, see the Handbook o f Methods, Bulletin 2285 (Bureau of Labor Statistics, 1988), and the following Monthly Labor Review 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 E C I are also available in b l s quarterly press releases issued in the month following the reference months of March, June, September, and December; and from the Handbook o f Labor Statistics, Bulletin 2217 (Bureau of Labor Statistics, 1985). C o lle c t iv e b a r g a in in g s e t tle m e n ts D escription o f 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. D efin ition s 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. N o tes 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. A dditional sources o f inform ation For a more detailed discussion on the series, see the b l s Handbook o f Methods, 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, Current Wage Developments. W o r k sto p p a g e s D escription o f 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. D efin ition s Number of stoppages: The number of strikes and lockouts involving 1,000 workers or more and lasting a full shift or longer. Workers involved: The number of workers directly involved in the stoppage. Number of days idle: The aggregate number of workdays lost by workers involved in the stoppages. Days 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. N o tes on the data This series is not comparable with the one terminated in 1981 that covered strikes involving six workers or more. A dditional sources o f inform ation 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, Current Wage Developments. Historical data appear in the Handbook o f Labor Statistics, Bulletin 2217 (Bureau of Labor Statistics, 1985). O th e r c o m p e n s a tio n d a ta Other bls data on pay and benefits, not included in the Current Labor Statistics section of the Monthly Labor Review, appear in and consist of the following: Industry Wage Surveys 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 Monthly Labor Review. Area Wage Surveys 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 Review. The National Survey o f Professional, Administrative, Technical, and Clerical Pay 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 b l s news release issued in the summer and in a bulletin each fall; summaries and analytical articles also appear in the Review. Employee Benefits Survey 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 Review. P R IC E D A T A (Tables 2; 3 0 - 4 1 ) 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). 59 MONTHLY LABOR REVIEW September 1988 • C o n su m e r P r ic e I n d e x e s Current Labor Statistics P r o d u c e r P r ic e I n d e x e s D escription o f the series D escription o f 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 cpi-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 T u e s d a y 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. N o tes 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. A dditional sources o f inform ation For a discussion of the general method for computing the cpi, see b l s Handbook o f Methods, 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,” Monthly Labor Review, July 1982, pp. 9 -1 4 . An overview of the recently introduced revised cpi, reflecting 1982-84 expenditure patterns, is contained in The Consumer Price Index: 1987 Revision, 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 Detailed Report, a monthly publication of the Bureau. Historical data for the overall cpi and for selected groupings may be found in the Handbook o f Labor Statistics, Bulletin 2217 (Bureau of Labor Statistics, 1985). 60 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis N otes on the data Beginning with the January 1986 issue, the Review 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 Producer Price Indexes. 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. A dditional sources o f inform ation For a discussion of the methodology for computing Producer Price Indexes, see b l s Handbook o f Methods, Bulletin 2285 (Bureau of Labor Statistics, 1988). Additional detailed data and analyses of price changes are provided monthly in Producer Price Indexes. Selected historical data may be found in the Handbook o f Labor Statistics, Bulletin 2217 (Bureau of Labor Statistics, 1985). I n te r n a tio n a l P r ic e I n d e x e s D escription o f 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 (sitc). 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. N otes 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. A dditional sources o f inform ation For a discussion of the general method of computing International Price Indexes, see B L S Handbook o f Methods, 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. Import and Export Price Indexes and in occasional Monthly Labor Review articles prepared by bls analysts. Selected historical data may be found in the Handbook o f Labor Statistics, 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,” Monthly Labor Review, December 1987, pp. 47-49. P R O D U C T IV IT Y D A T A (Tables 2; 4 2 - 4 4 ) U .S . p r o d u c tiv ity a n d r e la te d d a ta Corresponding indexes of hourly compensation, unit labor costs, unit nonlabor payments, and prices are also provided. D escription o f the series D efin ition s 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 61 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 except unit profits. Unit profits include corporate profits with inventory valuation and capital consumption adjustments per unit of output. Hours of all persons are the total hours 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). N o te s on th e d a ta 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. A d d itio n a l so u rc e s o f in fo rm a tio n Descriptions of methodology underlying the measurement of output per hour and multifactor productivity are found in the b l s Handbook o f Methods, Bulletin 2285 (Bureau of Labor Statistics, 1988). Historical data for selected industries are provided in the Handbook o f Labor Statistics, Bulletin 2217 (Bureau of Labor Statistics, 1985). IN T E R N A T IO N A L C O M P A R IS O N S (T ables 4 5 - 4 7 ) L a b o r fo r c e a n d u n e m p lo y m e n t D e sc rip tio n o f th e 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. D e fin itio n s For the principal U.S. definitions of the labor force, employment, and unemployment, see the Notes section on EMPLOYMENT DATA: Household Survey Data. N o te s on th e d a ta The adjusted statistics have been adapted to the age at which compulsory schooling ends in each country, rather than to the U.S. 62 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 Monthly Labor Review, 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. A dditional sources o f inform ation 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 ev ie w . The latest article appears in the April 1988 R ev 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 t is tic s and are available in unpublished statistical supplements to Bulletin 1979. m e n t, Manufacturing productivity and labor costs D escription o f 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. D efin ition s 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. t* N otes 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. A dditional sources o f inform ation For additional information, see 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), 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. O C C U P A T IO N A L IN J U R Y A N D IL L N E S S D A T A (Table 48) D escription o f 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. 63 MONTHLY LABOR REVIEW September 1988 • D efin ition s 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. Current Labor Statistics 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. A dditional sources o f inform ation 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 , N o tes 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 64 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)' Labor force participation ra te ........................................................ Employment-population ra tio ......................................................... Unemployment rate ....................................................................... Men .............................................................................................. 16 to 24 years .......................................................................... 25 years and o v e r..................................................................... Women ........................................................................................ '6 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-producing? ...................................................................... Service-producing2 .................................................................... 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): U nion............................................................................................. 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:’ Employment Cost Index ' Quarterly data seasonally adjusted. 2 Goods-producing 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. 65 MONTHLY LABOR REVIEW 2. September 1988 • Current Labor Statistics: Comparative Indicators Annual and quarterly percent changes in compensation, prices, and productivity 1986 1987 III Compensation data 1988 1987 1986 Selected measures I IV III II I IV II 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 ite m 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 data ' Output per hour of all persons: Business se cto r................................................................... Nonfarm business se cto r.................................................... Nonfinancial corporations 4 ................................................. -1.4 -1.5 1.2 .8 .8 1.5 2.2 2.0 1.8 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. ? Excludes Federal and private household workers. 3 Annual rates of change are computed by comparing annual averages. 3. .3 .0 -1.0 -.8 -.9 2.6 2.7 3.2 3.1 .6 .9 -.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 Four quarters ended- Quarterly average 1988 1987 Components I III II IV I 1988 1987 II I II IV III I II Average hourly compensation:1 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 Employment Cost Index-compensation: Employment Cost Index-wages and salaries: Negotiated wage adjustments from settlements:3 Negotiated wage and benefit adjustments from settlements:5 ' Seasonally adjusted. ? Excludes Federal and household workers. 3 Limited to major collective bargaining units of 1,000 workers or more. The most recent data are preliminary. 66 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Annual average 1987 1988 Employment status 1986 1987 July Aug. Sept. 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 63,0.90 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 62a 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 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June 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 ........................ Men, 16 years and over 2 ....... Noninstitutional population Labor force2 .................................. Participation rate 3 ................ Total employed 2 ....................... Employment-population ratio 4 ................................... Resident Armed Forces 1 ....... 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 1 ....... 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 67 MONTHLY LABOR REVIEW September 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 July 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 65.5 112,872 183,311 120,387 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 60.7 8,237 7.0 62,752 61.5 7,425 6.2 62,888 61.6 7,25,1 6.0 62,995 61.8 7,256 6.0 62,696 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 78,523 61,320 78.1 57,569 79,565 62,095 78.0 58,726 79,625 62,106 78.0 58,783 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 73.3 2,292 55,277 3,751 6.1 73.8 2,329 56,397 3,369 5.4 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 87,567 48,589 55.5 45,556 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 53.6 643 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 Aug. Sept. Oct. Nov. Dec. 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 population'.................................... Civilian labor fo rce ....................... Participation rate .................. Employed ................................... Employment-population ratio2 .................................... Agriculture ............................... Nonagricultural industries....... Unemployed............................... Unemployment ra te .............. 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 ra te .............. Black Civilian noninstitutional population1.................................... Civilian labor fo rce ....................... Participation rate .................. Employed ................................... Employment-population ratio2 .................................... Unemployed............................... Unemployment ra te .............. See footnotes at end of table. Digitized for68 FRASER 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) 1987 Annual average 1988 Employment status 1986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July 12,344 8,076 65.4 7,219 12,867 8,541 66.4 7,790 12,887 8,447 65.5 7,762 12,925 8,549 66.1 7,856 12,965 8,581 66.2 7,877 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 58.5 857 10.6 60.5 751 8.8 60.2 685 8.1 60.8 693 8.1 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 Hispanic origin Civilian noninstitutional population1.................................... Civilian labor fo rce ....................... Participation rate .................. Employed ................................... Employment-population ratio2 .................................... Unemployed............................... Unemployment ra te .............. ' 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 6. because data for the “ other races” groups are not presented and Hispanics are Included in both the white and black population groups. Selected employment indicators, monthly data seasonally adjusted (In thousands) Annual average 1987 1988 Selected categories 1986 1987 July Aug. 109,597 60,892 48,706 39,658 112,440 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 27,144 5,837 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 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July CHARACTERISTIC Civilian employed, 16 years and over............................................. Men .......................................... Women ..................................... Married men, spouse present .. Married women, spouse present.................................... Women who maintain families . MAJOR INDUSTRY AND CLASS OF WORKER Agriculture: Wage and salary workers ....... Self-employed workers............ Unpaid family workers............. Nonagricultural industries: Wage and salary workers....... Government .......................... Private industries................... Private households............. Other ................................... Self-employed workers............ Unpaid family w orkers............. PERSONS AT WORK PART TIME’ All industries: Part time for economic reasons . Slack work ............................... Could only find pai;t-time work Voluntary part time .................... Nonagricultural industries: Part time for economic reasons . Slack work ............................... Could only find part-time work Voluntary part time ..................... ' 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 69 MONTHLY LABOR REVIEW 7. September 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 o ver............................. 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 o ve r............................. 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 Marrieo 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 lost' ........................................ 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 g oods........................................... 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. Digitized for 70 FRASER 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 Sept. Aug. July Nov. Oct. Jan. Dec. Mar. Feb. Apr. 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 o ver.................. 25 to 54 years .................. 55 years and o v e r............ 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 o ve r...... 16 to 24 years .................. 16 to 19 years................ 16 to 17 years............. 18 to 19 years............. 20 to 24 years................ 25 years and o v e r............ 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 o v e r..... 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) 1987 1986 Job lose rs........... On layoff........... Other job losers . Job leavers ......... Reentrants .......... New entrants ...... 1988 1987 Annual average Reason for unemployment Oct. Sept. Aug. July Nov. Mar. Feb. Jan. Dec. Apr. May June 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 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 PERCENT OF UNEMPLOYED Job losers........................................... On layo ff.......................................... Other job losers............................... Job leavers......................................... Reentrants.......................................... New entrants ..................................... 12.8 33.5 13.6 28.5 11.6 PERCENT OF CIVILIAN LABOR FORCE Job losers ............................................ Job leavers .......................................... Reentrants ........................................... New entrants ....................................... 10. 1.6 .6 Duration of unemployment, monthly data seasonally adjusted (Numbers in thousands) 1988 1987 Annual average Weeks of unemployment 1986 1987 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Less than 5 weeks ........................................... 5 to 14 weeks ................................................... 15 weeks and o v e 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 w eeks.................................... 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 71 MONTHLY LABOR REVIEW 11. September 1988 Current Labor Statistics: Employment Data Unemployment rates of civilian workers by State, data not seasonally adjusted State June 1987 June 1988 Alabama....................................................... Alaska .......................................................... Arizona......................................................... Arkansas ...................................................... California...................................................... 7.5 11.0 6.6 8.0 5.4 6.8 8.7 6.1 7.8 5.4 State June 1987 June 1988 49 6? 2.6 2.0 4.1 3.6 4.7 3.9 7.3 6.1 New Jersey ................................................ 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........................................................... Idaho ............................................................ Illinois ........................................................... Indiana ......................................................... 5.7 4.3 7.2 7.8 6.2 6.3 3.1 5.6 6.9 4.6 Ohio ............................................................ Iow a.............................................................. 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.................................................... 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. 3.9 3.1 South Carolina............................................ South Dakota.............................. Tennessee ................................................. Texas .......................................... Utah ............................................................ 5.7 3.9 6.5 9.6 6.5 4.7 3.5 5.4 8.0 4.7 Vermont...................................................... 3.3 43 7.2 10 3 5.8 2.5 5.9 7.7 4.8 Washington ................................................ Wisconsin................................................... 4.0 database, Employment of workers on nonagricultural payrolls by State, data not seasonally adjusted (In thousands) State June 1987 May 1988 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 Colorado ...................................................... Connecticut ................................................. Delaware...................................................... District of Columbia..................................... 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 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 Iow a.............................................................. Kansas ......................................................... Kentucky...................................................... Louisiana...................................................... 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 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 Michigan....................................................... Minnesota.................................................... Mississippi.................................................... Missouri........................................................ June 1988p p = preliminary NOTE: Some data in this table may differ from data published elsewhere 72 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis State 1,542.2 216.4 Nevada ....................................................... 1,394.5 New Hampshire.......................................... 861.9 12,121.0 New Mexico ................................................ 1,399.2 1,686.9 North Carolina ............................................ 338.3 North Dakota .............................................. 673.4 5,082.3 Oklahoma................................................... 2,800.9 Oregon........................................................ 469.0 Pennsylvania............................................... 346.6 Rhode Island............................................... 5,036.0 2,404.3 South Dakota.............................................. 1,148.0 1,025.1 1,362.1 1,501.9 534.7 Virginia........................................................ 2,043.8 3,154.4 3,778.7 Wisconsin................................................... 2,043.0 884.3 Wyoming..................................................... 2,232.6 Puerto Rico ................................................. 278.4, June 1987 May 1988 June 1988' 661 7 504.5 519.1 676 7 527.7 530.3 530.8 8 124 9 2,872.4 255.4 540.0 542.5 2,941.5 257.4 2,962.1 258.5 1,114.3 1,109.2 4,944.9 455.7 1,103.3 1,134.3 5,038.1 459.6 1,108.2 1,148.3 5,068.6 460.3 532.1 538.6 261.3 262.6 266.0 6 489 8 642.2 649.8 653.2 2,711.8 2,787.5 2,817.1 2,105.5 2,145.2 2,181.1 186.2 788.1 38.7 178.2 788.4 40.3 183.7 821.3 40.1 because of the continual updating of the database. 13. Employment of workers on nonagricultural payrolls by industry, monthly data seasonally adjusted (In thousands) 1988 1987 Annual average Industry Dec. Jan. Feb. Mar. Apr. May Junep Julyp 1986 1987 July Aug. Sept. Oct. Nov. 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 Construction ................................ 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 Manufacturing.............................. 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 ........ Furniture and fixtures................... Stone, clay, and glass products ... Primary metal industries .............. Blast furnaces and basic steel products...................................... Fabricated metal products........... 710 498 585 752 740 518 582 749 740 524 579 751 739 524 580 755 744 526 580 761 744 529 583 766 750 531 585 768 754 533 588 769 754 536 583 768 756 535 584 770 755 534 585 772 758 535 587 773 757 537 585 776 758 537 587 781 755 543 588 790 274 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 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 2,085 2,052 860 696 2,094 2,052 859 700 2,100 2,047 854 704 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 2,050 856 713 Machinery, except electrical........ Electrical and electronic equipment.................................... Transportation equipment............ Motor vehicles and 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 2,063 874 696 361 370 370 372 374 377 379 379 380 382 382 383 381 382 386 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 8,013 5,653 8,031 5,664 8,040 5,666 Food and kindred products......... Tobacco manufactures................ Textile mill products ..................... Apparel and other textile products...................................... Paper and allied 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 Printing and publishing................. Chemicals and allied products..... Petroleum and coal products....... Rubber and misc. plastics products...................................... Leather and leather products ...... 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 1,066 166 1,568 1,071 167 790 149 823 144 824 147 827 145 830 145 839 145 845 145 851 146 854 147 856 147 860 147 864 146 870 146 874 146 884 144 SERVICE-PRODUCING ................. Transportation and public utilities......................................... Transportation.............................. Communication and public utilities......................................... 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 5,255 3,058 5,385 3,166 5,373 3,151 5,394 3,171 5,427 3,201 5,448 3,214 5,466 3,231 5,481 3,244 5,499 3,261 5,513 3,272 5,530 3,285 5,543 3,298 5,556 3,308 5,578 3,328 5,593 3,342 2,197 2,218 2,222 2,223 2,226 2,234 2,235 2,237 2,238 2,241 2,245 2,245 2,248 2,250 2,251 6,169 3,682 2,487 Wholesale trade .......................... Durable goods.............................. Nondurable g oods....................... 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 5,984 3,536 2,448 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 Retail trad e................................... General merchandise stores....... Food stores.................................. Automotive dealers and service stations....................................... Eating and drinking places.......... 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 Finance, insurance, and real estate ........................................... Finance ........................................ Insurance..................................... Real e state................................... 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 3,305 2,072 1,299 6,678 3,302 2,071 1,305 Services........................................ Business services........................ Health services ............................ 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 Local............................................. 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 0 = 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 73 MONTHLY LABOR REVIEW September 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 Annual average 1987 1988 Industry 1996 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 TRANSPORTATION AND PUBLIC UTILITIES.... 39.2 39.2 39.3 39.3 39.1 39.3 39.2 39.1 39.5 39.1 38.8 39.5 39.4 39.3 39.4 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 32.5 32.5 32.5 32.5 32.6 32.6 32.5 32.6 32.7 32.4 32.7 32.5 32.5 32.7 p = preliminary NOTE: See “ Notes on the data” for a description of the most recent 74 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis benchmark adjustment. 15. Average hourly earnings of production or nonsupervisory workers on private nonagricultural payrolls by industry Annual average 1988 1987 Industry 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 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 12.88 12.87 12.87 12.94 MINING.................................................................. Juneo Julyp 12.81 12.99 12.82 12.87 10.01 10.07 10.07 10.05 10.07 10.12 10.14 10.16 10.18 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 CONSTRUCTION.................................................. 12.48 12.69 12.60 12.68 12.79 12.82 12.83 MANUFACTURING................................................ 9.73 9.91 9.87 9.86 9.99 9.95 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 Machinery, except electrical ............................... 10.57 Electrical and electronic equipment.................... 9.65 Transportation equipment.................................... 12.81 Motor vehicles and equipment......................... 13.45 Instruments and related products ....................... 9.47 7.55 Miscellaneous manufacturing.............................. 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 6.93 Textile mill products............................................ 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 Rubber and miscellaneous plastics products..... 8.73 Leather and leather products ............................. 5.92 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 WHOLESALE TRADE........................................... 9.35 9.59 9.56 9.60 9.64 9.65 9.72 9.73 9.78 9.78 9.78 9.88 9.87 9.85 9.94 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 FINANCE, INSURANCE, AND REAL ESTATE ..... 8.36 8.73 8.63 8.74 8.73 8.76 8.89 8.81 8.96 9.02 8.97 9.03 9.09 8.96 9.00 SERVICES ............................................................. 8.18 8.48 8.34 8.40 8.54 8.61 8.71 8.73 8.81 8.81 8.80 8.82 8.84 8.78 8.80 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 .................................. - 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. MONTHLY LABOR REVIEW September 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 ............................ 1987 July Aug. Sept. 1988 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Junep July0 $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 28 448 38 524 17 611 80 416.77 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 17 575.34 627.73 410.85 312.44 461 67 410 04 Nondurable goods ............................................ Food and kindred products................................. Tobacco manufactures ....................................... Textile mill products ............................................ Apparel and other textile products..................... Paper and allied products .................................. 357.11 350.00 481.71 284.82 214.33 482.98 369.04 359.39 547.17 299.71 219.41 496.06 367.20 355.20 565.84 296.61 216.60 496.37 369.26 358.09 549.99 302.15 219.32 492.91 374.79 365.16 534.93 301.49 217.44 514.21 372.60 360.53 545.65 304.08 223.88 500.80 375.96 365.49 562.38 306.18 223.65 503.26 381.19 372.78 554.45 307.75 225.60 509.63 374.66 366.93 540.57 303.14 220.33 501.99 370.54 358.78 540.79 301.49 220.93 494.50 373.20 359.17 566.71 299.71 223.11 494.21 373.86 361.03 576.73 301.35 222.27 498.80 374.26 366.92 601.98 297.52 222.64 501.68 377.48 368.45 628.04 299.80 226.78 500.09 378 40 370.17 629 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......................................... 358.11 365.38 365.19 367.68 366.32 369.60 371.30 371.69 370.66 370.66 370.66 377.42 375.06 376.27 380.70 181.37 176.59 177.56 178.46 180.91 181.49 184.04 188.40 586 87 410 64 310.40 RETAIL TRADE ........................................ 176.08 178.41 182.10 183.31 182.90 179.26 179.22 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. 0 = preliminary 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 Not seasonally adjusted Industry July 1987 May 1988 PRIVATE SECTOR (in current dollars) ......................... 172.6 M ining'.......................................................................... Construction................................................................. Manufacturing ............................................................... Transportation and public utilities ................................ Wholesale trade' .......................................................... Retail trade .................................................................. Finance, insurance, and real estate ........................... Services........................................................................ PRIVATE SECTOR |in constant (1977) dollars! .......... July 1988p 178.6 178.2 178.9 181.8 154.0 174.7 174.9 176.5 160.5 185.5 179.1 184.2 157.5 178.5 180.5 182.2 165.8 195.9 189.5 184.5 157.5 178.7 180.4 181.6 165.6 193.7 188.4 185.5 158.2 179.1 180.6 183.1 166.2 194.5 189.2 93.3 93.6 93.0 - 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. 76 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Seasonally adjusted June 1988p July 1987 Mar. 1988 Apr. 1988 May 1988 173.2 177.0 178.0 178.7 178.6 179.5 154.9 174.5 176.2 157.5 177.3 179.4 159.2 179.0 181.9 161.1 180.9 163.8 _ 186.9 164.8 165.7 166.8 188.3 157.5 178.4 181.6 _ 165.4 _ 189.9 158.0 178.8 181.3 - _ 157.8 177.9 180.6 189.3 191.1 93.7 93.5 93.6 93.6 93.2 - _ _ June 1988p July 1988p 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. 18. Indexes of diffusion: industries in which employment increased, data seasonally adjusted (In percent) Jan. Time span and year Feb. Apr. Mar. June May Sept. Aug. July Nov. Oct. Dec. 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 58.9 68.4 _ 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 59.7 78.1 59.2 73.0 - - - - - - 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 53.2 77.8 55.9 77.0 58.4 76.5 _ _ - - - - - - Over 12-month span: 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 53.8 78.4 56.5 77.8 57.8 81.9 _ _ _ _ - - - - - - - - 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 19. . 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. Annual data: Employment status of the noninstitutional population (Numbers in thousands) Employment status 1979 1980 1981 1982 1983 1984 1985 1986 1987 Noninstitutional population.................................... 166,460 169,349 171,775 173,939 175,891 178,080 179,912 182,293 184,490 Labor force: Total (number)................................................... Percent of population....................................... 106,559 64.0 108,544 64.1 110,315 64.2 111,872 64.3 113,226 64.4 115,241 64.7 117,167 65.1 119,540 65.6 121,602 65.9 Employed: Total (number)........................ i ................... Percent of population .................................. Resident Armed Forces............................ Civilian 100,421 60.3 1,597 100,907 59.6 1,604 102,042 59.4 1,645 101,194 58.2 1,668 102,510 58.3 1,676 106,702 59.9 1,697 108,856 60.5 1,706 111,303 61.1 1,706 114,177 61.9 1,737 9 8 ,8 2 4 9 9 ,3 0 3 1 0 0 ,3 9 7 9 9 ,5 2 6 1 0 0 ,8 3 4 1 0 5 ,0 0 5 1 0 7 ,1 5 0 1 0 9 ,5 9 7 1 1 2 ,4 4 0 Nonagricultural industries.................... 3,347 95,477 3,364 95,938 3,368 97,030 3,401 96,125 3,383 97,450 3,321 101,685 3,179 103,971 3,163 106,434 3,208 109,232 Unemployed: Total (number)............................................ Percent of labor fo rce ................................ 6,137 5.8 7,637 7.0 8,273 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 Not in labor force (number) ................................ 59,900 60,806 61,460 62,067 62,665 62,839 62,744 62,752 62,888 20. Annual data: Employment levels by industry (Numbers in thousands) * Industry 1979 1980 1981 1982 1983 1984 1985 1986 1987 Total employment.................................................................... Private sector......................................................................... Goods-producing ................................................................. 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.............................................................. „ 63,363 5,136 Transportation and public utilities................................... 5,204 Wholesale trade .............................................................. Retail trade ..................................................................... 14,989 4,975 Finance, insurance, and real estate ............................... Services........................................................................... 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 4,954 5,268 15,613 5,468 19,694 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 15,947 2,773 3,541 9,633 16,241 2,866 3,610 9,765 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 2,807 3,734 9,482 16,394 2,875 3,832 9,687 16,693 2,899 3,893 9,901 17,015 2,943 3,963 10,109 Government................................................................... Federal...................................................................... State .......................................................................... Local ......................................................................... NOTE: See “ Notes on the data” for a description of the most https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis \ recent benchmark revision. 77 MONTHLY LABOR REVIEW September 1988 • Current Labor Statistics: Employment Data 21. Annual data: Average hours and earnings of production or nonsupervisory workers on nonagricultural payrolls, by industry Industry 1979 1980 1981 1982 1983 1984 1985 1986 1987 Private sector Average weekly hours........................................................... Average hourly earnings (in dollars)..................................... Average weekly earnings (in dollars) .................................... 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 Mining Average weekly hours ..................................................... Average hourly earnings (in dollars)................................ Average weekly earnings (in dollars)............................... 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 Construction Average weekly hours ..................................................... Average hourly earnings (in dollars) ................................ Average weekly earnings (in dollars)............................... 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 Manufacturing Average weekly hours ..................................................... Average hourly earnings (in dollars) ................................ Average weekly earnings (in dollars)............................... 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 Transportation and public utilities Average weekly hours ..................................................... Average hourly earnings (in dollars) ................................ Average weekly earnings (in dollars)............................... 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 38.4 78 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Wholesale trade Average weekly hours ..................................................... Average hourly earnings (in dollars) ................................ Average weekly earnings (in dollars)............................... 38.8 38.5 38.5 38.3 38.5 38.5 6 .3 9 6 .9 6 7 .5 6 8 .0 9 8 .5 5 8 .8 9 9 .1 6 9 .3 5 9 .5 9 247.93 267.96 291.06 309.85 329.18 342.27 351.74 358.11 365.38 Retail trade Average weekly hours ..................................................... Average hourly earnings (in dollars)................................ Average weekly earnings (in dollars)............................... 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 Finance, insurance, and real estate Average weekly hours ..................................................... Average hourly earnings (in dollars) ................................ Average weekly earnings (in dollars)............................... 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 Services Average weekly hours ..................................................... Average hourly earnings (in dollars) ................................ Average weekly earnings (in dollars)............................... 32.7 5.36 175.27 32.6 5.85 190.71 32.6 6.41 208.97 32.6 6.92 225.59 32.7 7.31 239.04 32.6 7.59 247.43 32.5 7.90 256.75 32.5 8.18 265.85 32.5 8.48 275.60 38.3 38.1 22. Employment Cost Index, compensation,1 by occupation and industry group (June 1981 = 100) Series June Sept. Dec. Mar. June Percent change 1988 1987 1986 Sept. Dec. Mar. June 3 months ended 12 months ended June 1988 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 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 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 .......................................................................... Nondurables.................................................................... Service-producing .............................................................. Transportation and public utilities.................................... Transportation................................................................. Public utilities.................................................................. Wholesale and retail tra d e ............................................... Wholesale trade .............................................................. Retail trade ..................................................................... Finance, insurance, and real estate................................. Service .............................................................................. Health services.............................................................. Hospitals ........................................................................ 129.9 130.8 131.6 132.9 133.8 135.1 136.0 138.1 139.8 1.2 4.5 139.3 ~ ” 141.2 - 143.0 “ 1.3 1.2 1.1 2.3 4.4 5.0 3.9 3.4 “ 134.1 “ ~ " 138.6 “ 135.6 ” 1.0 1.1 1.0 1.2 1.7 .7 1.1 133.2 " 134.1 ” 138.4 “ ” “ " " “ - 135.6 “ 136.8 137.1 “ 138.1 .1.1 4.8 1.0 5.0 ~ 142.1 ” .9 1.4 1.0 4.3 “ “ - “ “ “ 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 3 ....................................................... Nonmanufacturing................................................................. 131.5 132.5 - 133.5 - 134.3 - 136.1 " - 137.0 “ - 138.5 “ “ 126.3 131.1 127.2 132.3 127.8 -, * 133.5 128.4 “ 134.7 129.5 “ 135.2 130.6 ' “ 127.8 128.7 131.6 " 128.6 129.3 132.7 - 129.2 130.1 133.5 “ 129.9 “ 130.7 “ 135.3 - 130.8 “ 131.5 “ 136.3 “ “ 131.9 “ ~ - Nonmanufacturing ............................................................ 130.6 131.7 132.4 134.1 135.1 136.4 137.1 138.9 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............................................................ 139.7 143.6 144.7 145.9 146.3 149.7 151.1 140.5 136.3 145.0 138.5 146.0 139.5 147.2 140.8 147.5. 141.3 151.2 143.3 140.8 137.9 141.7 143.2 138.0 145.5 139.4 147.6 149.4 140.6 146.6 141.1 148.4 150.3 141.6 147.3 142.5 148.9 150.5 144.1 147.6 143.3 149.1 150.7 144.7 151.8 145.1 154.1 156.5 146.4 Elementary and secondary........................................ Public administration3 ...................................................... - 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. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 135.9 132.7 “ 137.7 ” 131.8 " “ “ 136.7 140.2 “ “ “ “ ~ ~ - 140.1 4.7 4.3 5.2 4.7 3.6 1.9 1.8 1.9 1.5 .9 1.7 1.5 4.0 4.0 140.8 1.4 4.2 153.1 153.6 .3 5.0 152.7 144.3 154.8 145.9 155.2 145.9 .3 .0 5.2 3.3 153.1 146.3 155.2 150.3 “ 156.8 158.9 150.3 155.6 150.4 “ 157.3 159.4 151.2 .3 .1 5.4 5.0 .3 .3 .6 5.5 5.8 4.5 " 155.5 157.8 148.1 3.1 5.5 5.3 5.9 3 Consist of legislative, judicial, administrative, and regulatory activities. 4 Includes, for example, library, social, and health services. - Data not available. MONTHLY LABOR REVIEW September 1988 • Current Labor Statistics: Compensation & Industrial Relations 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 3 ..................... 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............................................ Nonmanufacturing............................. 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 ................................................... 129.3 130.7 131.5 132.8 133.5 135.2 136.1 137.4 138.7 09 3Q 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 9 .9 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 _ 134.6 130.4 _ 137.5 132.2 9 8 1.0 .6 1.6 40 49 4.9 138.1 133.0 140.5 134.5 141.0 135.2 142.6 137.1 143.8 137.8 145.5 139.0 146 4 140.5 6 1.1 3.9 127.9 128.8 129.5 130.8 131.7 133.0 133.8 135.1 136 6 131.1 134.0 132.0 135.4 132.7 136.4 134.6 138.4 135.4 139.1 137.0 141.2 137.6 142.6 139.0 144.0 140.8 145 8 13 132.1 124.3 132.4 125.2 133.5 124.9 135.6 126.7 136.4 '27.1 138.6 127.0 139.2 126.1 139.9 127.5 141.3 130.8 1.0 26 36 130.8 131.7 132.7 134.3 135.5 137.1 138.1 140.2 141.2 .7 4.2 123.7 124.5 125.1 125.6 126.6 127.7 128.9 129.9 131.1 9 125.7 123.6 118.9 126.7 124.1 119.8 127.4 124.9 120.1 127.9 125.5 120.5 128.8 126.7 121.5 130.2 127.5 122.3 131.1 129.2 122.9 132.1 129.9 123.7 133.4 131.2 125.4 1.0 10 14 36 36 3? 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 40 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 _ _ 126.5 131.8 124.4 129.0 138.2 126.8 120.8 127.9 127.2 129.3 131.6 127.5 _ _ 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 38 40 3.8 34 44 37 ?5 126.9 133.1 124.5 130.0 139.5 127.9 134.8 125.2 133.5 141.8 - 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 2.0 1.9 1.9 1.5 .8 1.9 1.6 36 3.3 3.6 2.6 49 52 5.8 3.8 - _ 125.8 131.2 123.7 128.0 136.9 - - - - - - - - - - - 128.7 129.7 130.4 131.9 132.8 134.2 134.8 136.0 137.8 1.3 136.0 140.4 141.4 142.5 142.8 146.1 147.4 148.7 149.1 3 44 137.0 131.9 141.8 134.5 142.8 135.1 143.9 136.3 144.1 136.9 147.7 139.0 149.3 139.6 150.5 141.1 150.8 141.1 .2 .0 46 31 137.1 133.3 142.1 135.8 143.3 137.3 143.9 138.6 144.2 139.4 148.2 141.2 149.5 142.2 150.7 144.5 151.1 144.7 .3 .1 4.8 38 150.3 152.0 142.6 151.8 153.4 143.8 152.6 154.0 145.5 153.0 154.3 146.4 .3 .2 .6 51 53 3.8 - 138.2 139.4 134.6 - 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. 80 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - 3 ft _ 145.1 146.4 138.1 _ 145.5 146.5 140.5 _ 145.6 146.6 141.0 _ 3 Includes, for example, library, social and health services, - Data not available. 24. Employment Cost Index, private nonfarm workers, by bargaining status, region, and area size (June 1981=100) Percent change Series June Sept. 3 months ended Mar. Sept. 12 months ended June 1988 C O M P E N S A T IO N W o r k e r s , b y b a r g a in in g s ta tu s 1 Union .................................................... Goods-producing............................... Service-producing.............................. Manufacturing .................................... Nonmanufacturing............................. 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 4.3 5.1 3.1 5.8 3.0 Nonunion................ Goods-producing .. Service-producing . Manufacturing ...... Nonmanufacturing 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 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 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 4.5 4.1 Union .......................................... Goods-producing ..................... Service-producing.................... Manufacturing .......................... Nonmanufacturing.................... 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 2.9 3.1 2.4 3.3 2.5 Nonunion................ Goods-producing .. Service-producing . Manufacturing ...... Nonmanufacturing 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 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 4.6 3.8 128.5 124.5 129.4 125.0 130.2 125.6 131.6 126.6 132.4 127.8 133.7 129 134.6 129.8 135.8 130.9 137.3 133.0 3.7 4.1 W o r k e r s , b y re g io n ' Northeast..................................... South ........................................... Midwest (formerly North Central) W est............................................ W o r k e r s , b y a re a s ize Metropolitan areas.... Other areas................ W A G ES A N D S A LA R IE S W o r k e r s , b y b a rg a in in g s ta tu s ’ W o r k e r s , b y re g io n Northeast..................................... South ........................................... Midwest (formerly North Central) W est............................................ W o rk e rs , b y a re a s iz e 1 Metropolitan areas..... Other areas................ ' The Indexes are calculated differently from those for the occupation and industry groups. For a detailed description of the index calculation, see the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Labor Review Technical Employment Cost Index,” May 1982. Monthly Note, “ Estimation 2.8 3.7 procedures for the MONTHLY LABOR REVIEW September 1988 Current Labor Statistics: Compensation & Industrial Relations 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) Annual average Quarterly average Measure 1986 1986 1987 1988 1987 III IV I II III IV P IP S p e c ifie d a d ju s tm e n ts : 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 E ffe c tiv e a d ju s tm e n ts : Total effective wage adjustment3 ....................... From settlements reached in period ................... Deferred from settlements reached in earlier periods................................................................. From cost-of-living-adjustments clauses............. ' 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. 3 Because of rounding, total may not equal sum of parts. 4 Between -0.05 and 0.05 percent. p = preliminary. 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 endingMeasure 1E86 III 1987 IV I II 1988 in IV P IP 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 ....................... ....................... . 1 Data do not meet publication standards. 2 Between -0.05 and 0.05 percent. 82 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis p = preliminary. 3.0 2.9 0 (1) (1) (’ ) 3.2 (’) 0 2.9 (') O 3.1 (1) (1) 2.5 O (1) 3.1 (’) (1) 2.7 (') 0 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 ending- F o r a ll w o r k e r s :1 1988 1987 1986 Effective wage adjustment IV P IP IV I II III 2.3 .5 1.7 .2 2.0 .3 1.5 .1 2.2 .3 1.6 .3 2.6 .4 1.7 .4 3.1 .7 1.8 .5 3.2 .8 1.8 .5 3.0 2.8 1.6 3.9 1.0 2.4 1.1 3.7 .6 2.8 .9 3.5 1.8 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 F o r w o r k e r s r e c e iv in g c h a n g e s : ■ j • norinri 1.6 .5 3.2 2.3 — 1 Because of rounding, total may not equal sum of parts. 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)________________________ First 6 months Annual average Measure 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 Specified adjustments: Total compensation 1 adjustments,2 settlements covering 5,000 workers or more: Wage adjustments, settlements covering 1,000 workers or more: Effective adjustments: (4) — 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. 3 Because of rounding, total may not equal sum of parts, 4 Less than 0,05 Percent- 29. Work stoppages involving 1,000 workers or more 1986 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 ...................................... 1988p 1987 Annual totals Measure 1987 3 10 4 12 10.3 7.8 24.6 20.0 36.4 69 72 46 51 6 14 3 11 7 15 1 12 6 11 0 5 3 6 5 8 1 6 0 6 3 8 533.0 174.4 14.1 18.4 45.9 1.3 11.8 .0 7.2 17.5 6.7 .0 899.5 377.7 31.1 36.0 71.9 53.7 22.2 8.9 10.8 21.1 24.2 14.9 18.2 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 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis JulyP June May Apr. Mar. Feb. Jan. Dec. Nov. Oct. Sept. Aug. July in “ ‘Total economy’ measure of strike idleness,” Monthly Labor Review, October 1968, pp. 54-56. p = preliminary 83 MONTHLY LABOR REVIEW September 1988 • Current Labor Statistics: Price Data 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) 1988 1987 Annual Series Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 115.0 344.4 115.3 345.3 115.4 345.8 115.4 345.7 115.7 346.7 116.0 347.4 116.5 349.0 117.1 350.8 117.5 352.0 118.0 353.5 118.5 354.9 113.8 113.8 112.1 115.3 111.9 105.7 117.4 110.4 111.3 108.3 105.9 114.8 117.5 114.7 114.2 114.1 112.4 115.4 112.7 106.4 117.4 110.3 111.6 107.8 105.8 114.6 118.0 114.9 114.3 114.3 112.4 115.6 112.0 106.9 117.8 110.6 111.6 107.4 106.7 114.7 118.3 115.2 114.3 114.2 112.1 116.2 111.2 106.9 117.4 110.2 111.4 108.0 105.0 115.1 118.6 115.4 114.8 114.7 112.8 116.8 110.3 106.7 123.4 110.0 111.0 107.7 104.8 115.0 118.9 115.4 115.7 115.7 114.1 118.1 111.0 107.4 126.4 111.3 112.2 108.5 106.9 115.9 119.3 115.8 115.8 115.7 113.9 118.7 110.6 107.3 124.7 111.8 112.2 109.5 107.7 116.1 119.7 116.8 116.0 115.9 113.9 118.9 111.2 107.2 123.0 112.0 112.6 110.3 107.7 116.3 120.2 117.4 116.7 116.6 114.6 119.8 111.5 107.1 126.0 112.1 112.3 110.3 107.8 116.6 120.7 118.0 117.1 117.0 115.1 120.3 112.1 107.4 127.1 112.3 112.5 111.2 107.5 117.0 121.0 118.2 117.6 117.6 115.8 120.8 114.6 107.2 126.1 112.4 113.3 111.5 107.1 117.1 121.5 118.7 118.8 118.8 117.3 122.1 116.5 107.6 129.0 113.1 114.0 112.6 107.2 118.3 122.1 119.2 114.7 121.3 129.3 123.0 132.8 124.4 124.4 124.5 113.2 116.8 108.4 105.0 100.4 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 76.9 108.1 122.4 109.8 105.5 115.2 115.0 110.6 108.9 109.1 110.4 112.1 105.1 108.0 119.6 107.3 105.3 107.8 104.2 107.7 103.4 108.2 120.0 109.4 107.6 108.3 108.4 109.0 104.2 109.3 119.8 113.3 111.8 110.6 115.3 112.1 105.7 110.3 119.9 115.4 114.0 112.0 118.3 116.2 107.3 110.7 120.8 115.4 114.0 112.5 117.7 116.7 108.0 110.7 121.1 112.7 111.0 110.7 112.6 114.5 107.2 111.3 121.4 110.4 108.6 109.0 108.2 113.6 106.1 112.9 121.6 110.2 108.3 109.1 107.8 111.4 105.8 113.1 122.0 114.3 112.7 111.6 115.3 114.0 107.3 113.6 122.2 117.0 115.5 112.9 119.6 117.1 109.4 114.6 122.6 116.3 114.8 113.6 117.3 117.7 109.7 114.9 122.8 114.6 112.9 112.5 114.1 116.5 109.2 114.6 123.1 112.7 110.8 111.9 109.8 116.2 108.2 116.5 123.4 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 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 commodities ....................................................... Entertainment services............................................................... 111.6 107.9 116.8 115.3 110.5 122.0 115.4 110.7 122.0 115.6 110.6 122.5 116.1 110.7 123.5 116.9 111.2 124.5 117.3 112.2 124.3 117.4 112.6 124.3 118.1 112.9 125.4 118.3 112.9 125.7 119.0 113.4 126.5 119.6 114.2 127.0 119.7 114.5 126.9 120.1 114.8 127.3 120.5 115.3 127.7 121.4 124.7 111.9 111.3 112.5 128.6 128.1 128.7 128.5 133.6 115.1 113.9 116.2 138.5 138.1 138.7 128.0 135.0 115.3 114.3 116.2 136.9 136.5 137.2 128.5 135.3 115.6 114.3 116.8 137.7 136.7 137.9 131.1 135.9 116.0 114.7 117.2 142.1 141.3 142.3 131.6 136.3 116.2 114.9 117.4 142.8 142.3 143.1 131.8 136.5 116.3 115.0 117.5 143.1 142.3 143.4 132.1 137.0 116.5 115.0 117.9 143.4 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 July Aug. 113.6 340.4 113.8 340.8 114.4 342.7 109.1 109.0 107.3 110.9 104.5 103.3 109.4 109.4 109.0 106.5 110.4 109.2 112.5 111.1 113.5 113.5 111.9 114.8 110.5 105.9 119.1 110.5 111.0 108.1 107.5 113.8 117.0 114.1 113.7 113.7 112.1 115.2 111.4 105.3 119.6 110.0 111.1 108.4 105.9 114.1 117.2 114.4 110.9 115.8 121.9 118.3 118.6 119.4 119.4 119.2 107.9 111.2 103.7 104.1 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 77.9 103.8 120.1 107.1 103.6 111.5 110.6 105.9 104.2 106.2 104.0 111.8 101.9 101.7 115.1 1986 1987 All ite m s............................................................................................ All items (1967-100) ...................................................................... 109.6 328.4 Food and beverages ..................................................................... Food............................................................................................. Food at hom e ........................................................................... Cereals and bakery products................................................. Meats, poultry, fish, and eggs................................................ Dairy products........................................................................ Fruits and vegetables............................................................. Other foods at hom e.............................................................. Sugar and sweets................................................................ Fats and o ils ........................................................................ Nonalcoholic beverages...................................................... Other prepared foods.......................................................... Food away from home ............................................................. Alcoholic beverages.................................................................... Housing .......................................................................................... Shelter ......................................................................................... Renters'costs (12/82 = 100).................................................. C O N S U M ER P R IC E IN D E X F O R A L L U R B A N 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............................................................. Apparel and upkeep ...................................................................... Apparel commodities.................................................................. Men’s and boys’ apparel.......................................................... Women's and girls’ apparel ..................................................... Infants’ and toddlers’ apparel.................................................. Other apparel commodities...................................................... Apparel services.......................................................................... Transportation ............................................................................... Private transportation.................................................................. New cars................................................................................ Other goods and services ............................................................ Personal and educational services......................................... 84 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June July C O N S U M ER S : 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................................................................. See footnotes at end of table. Sept. 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 1988 1987 Annual average June July Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 115.0 108.9 114.2 105.5 103.5 111.8 101.6 108.3 115.3 109.3 114.3 106.1 104.2 114.0 101.5 108.8 115.4 109.5 114.3 106.5 104.3 114.0 101.8 109.6 115.4 109.3 114.8 105.7 103.1 111.0 101.5 109.5 115.7 109.2 115.7 105.1 102.1 108.6 101.2 109.4 116.0 109.1 115.8 105.0 101.9 108.3 101.0 109.4 116.5 109.8 116.0 105.9 103.4 112.7 101.0 109.5 117.1 110.7 116.7 106.9 105.0 115.5 102.0 109.7 117.5 111.1 117.1 107.2 105.4 114.8 103.0 109.9 118.0 111.1 117.6 107.1 104.9 112.9 103.2 110.2 118.5 111.5 118.8 107.0 104.7 110.8 104.0 110.3 121.2 126.9 115.8 122.0 131.0 125.6 121.7 127.2 115.5 122.5 131.5 127.9 121.9 128.0 113.5 123.4 132.0 128.7 122.0 128.1 112.6 124.5 132.5 128.8 122.2 128.5 112.3 124.6 132.7 129.0 122.9 129.4 112.7 125.1 134.1 129.6 123.4 129.8 113.1 125.2 135.3 130.2 123.8 130.4 113.0 125.4 136.1 130.7 124.1 130.6 113.7 125.8 136.6 131.0 124.6 131.0 114.3 126.7 137.2 131.1 125.5 131.5 116.6 127.6 137.9 131.6 126.1 132.3 116.9 128.1 139.0 131.9 113.8 111.8 115.3 112.7 104.1 101.3 101.1 107.3 123.7 119.4 91.1 117.1 118.0 111.2 81.8 122.0 114.5 112.3 115.9 113.3 104.9 102.6 102.0 108.1 124.2 120.1 92.7 117.6 118.6 111.8 83.8 122.7 115.1 113.0 116.5 113.9 105.7 104.0 102.2 109.0 124.9 120.6 92.3 118.3 119.4 112.9 83.5 123.2 115.5 113.2 116.6 114.2 106.3 104.6 102.1 109.4 124.6 120.8 89.8 118.9 120.1 113.7 82.9 123.9 115.7 113.3 116.8 114.4 106.7 104.8 102.4 109.5 124.6 120.8 89.0 119.2 120.5 114.1 83.1 124.2 115.5 113.2 116.6 114.3 106.0 103.7 102.1 109.1 124.6 121.0 88.3 119.2 120.4 113.5 82.0 124.4 115.7 113.3 116.9 114.6 105.5 102.8 101.9 109.1 125.3 121.7 87.4 119.7 120.8 113.2 80.0 125.2 116.0 113.5 117.1 114.8 105.4 102.7 101.9 109.0 125.8 122.1 87.0 120.0 121.1 113.3 78.8 125.7 116.6 114.0 117.7 115.3 106.3 104.1 101.9 109.8 126.0 122.4 86.5 120.6 121.9 114.6 78.0 126.1 117.2 114.7 118.4 115.9 107.3 105.6 102.9 111.0 126.5 122.8 87.3 121.2 122.4 115.5 79.7 126.5 117.6 115.2 118.8 116.3 107.6 106.0 103.8 111.4 127.1 123.2 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 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 86.4 28.8 86.2 28.8 85.8 28.7 85.4 28.5 85.1 28.4 84.7 28.3 84.4 28.2 108.6 323.4 112.5 335.0 112.7 335.6 113.3 337.4 113.8 339.1 114.1 340.0 114.3 340.4 114.2 340.2 114.5 341.0 114.7 341.6 115.1 343.0 115.7 344.7 116.2 346.1 116.7 347.6 117.2 349.1 Food and beverages ............................................................. Food.................................................................................... Food at hom e .................................................................. Cereals and bakery products........................................ Meats, poultry, fish, and eggs....................................... Dairy products................................................................ Fruits and vegetables.................................................... Other foods at home..................................................... Sugar and sweets....................................................... Fats and o ils ................................................................ Nonalcoholic beverages.............................................. Other prepared foods................................................. Food away from home .................................................... Alcoholic beverages............................................................ 108.9 108.8 107.1 110.9 104.4 103.2 109.4 109.1 109.0 106.4 110.0 109.0 112.5 111.1 113.3 113.3 111.7 114.8 110.4 105.7 118.8 110.4 110.9 107.9 107.5 113.6 116.9 113.9 113.5 113.5 111.9 115.2 111.3 105.1 119.6 109.9 111.0 108.2 105.9 113.9 117.0 114.2 113.6 113.6 111.9 115.3 111.8 105.5 117.3 110.3 111.3 108.1 106.0 114.6 117.4 114.4 114.0 114.0 112.2 115.4 112.7 106.2 117.1 110.2 111.5 107.6 106.0 114.4 117.9 114.6 114.1 114.1 112.2 115.7 112.0 106.7 117.5 110.5 111.6 107.3 106.9 114.5 118.2 114.9 114.1 114.0 111.9 116.2 111.2 106.7 117.4 110.1 111.2 107.9 105.2 114.9 118.5 115.2 114.5 114.5 112.5 116.9 110.1 106.4 123.0 109.8 110.9 107.6 104.9 114.8 118.8 115.1 115.4 115.4 113.7 118.1 110.8 107.1 125.7 111.3 112.1 108.4 107.2 115.7 119.1 115.6 115.5 115.4 113.5 118.8 110.5 107.0 124.0 111.7 112.1 109.5 107.9 115.8 119.6 116.6 115.7 115.6 113.5 118.9 111.1 106.9 122.2 111.9 112.4 110.3 108.0 116.0 120.0 117.3 116.3 116.2 114.2 119.9 111.4 106.9 125.2 112.0 112.2 110.2 107.9 116.4 120.6 117.9 116.8 116.7 114.7 120.4 112.0 107.2 126.4 112.2 112.4 111.0 107.7 116.8 120.9 118.0 117.4 117.3 115.5 120.8 114.5 107.0 125.5 112.3 113.1 111.4 107.3 116.9 121.4 118.4 118.5 118.5 116.9 122.1 116.3 107.3 128.4 113.0 113.9 112.5 107.4 118.1 122.0 118.9 Housing ................................................................................. Shelter ................................................................................ Renters’ costs (12/84=100).......................................... Rent, residential............................................................ Other renters’ costs ..................................................... Homeowners’ costs (12/84 = 100).................................. Owners' equivalerft rent (12/84 = 1 00)........................ 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.C 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.C 102.7 97.1 77.6 103.6 120.1 106.' 103.1 111.6 110.S 113.2 118.8 115.3 122.8 133.8 113) 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 77.3 108.1 120.7 107.1 103.4 112.2 114.0 120.7 116.0 124.5 129.3 115.9 115.9 115.8 112.2 116.0 106.3 102.8 96.5 78.2 103.C 121.1 107.C 103.1 1127 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.C 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 .€ 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.C 113.8 111.7 115.0 122.4 117.3 126.1 130.0 117.6 117.6 116.7 113.6 117.6 107.5 102.5 95.6 80.6 101.6 121.8 107.2 103.1 113.8 111.8 115.4 122.9 118.4 126.2 136.9 117.8 117.8 117.2 112.8 116.6 107.1 102.3 95.4 80.2 101.4 121.7 107.8 104.1 113./ 111.8 115.6 123.0 118.4 126.3 136.1 118.0 118.0 117.3 114.7 119.8 107.5 102.5 95.4 79.9 101.4 122.C 108.7 104.2 114.: 115.6 116.0 123.4 118.6 126.6 136.2 118.4 118.5 117.3 113.7 117.6 107.9 103.0 96.1 79.7 102.2 122.5 108.6 104.2 114.5 115." 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 76.7 107.8 122.4 109.4 104.9 115.5 115.9 105.6 no.' 109.1 112.6 115.2 115.2 112.( no.: 110.C 113.8 116.: 115.' 114.1 112.4 July Aug. 113.6 107.7 113.5 104.0 101.1 108.9 99.5 108.2 113.8 107.6 113.7 103.8 100.6 105.3 100.5 108.4 114.4 108.2 113.8 104.6 102.0 107.6 101.5 108.3 115.4 120.2 112.8 116.3 121.9 119.4 120.2 125.9 113.1 121.9 130.0 125.7 120.5 126.0 115.1 121.7 130.4 125.1 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 fo o d ................................................. Nondurables less food ................................................. Nondurables less food and apparel ............................ Nondurables.................................................................. Services less rent o f shelter (1 2/8 2=1 0 0 )................ Services less medical c a re .......................................... Energy........................................................................... All items less energy ................................................... All items less food and energy ................................... Commodities less food and energy............................. Energy commodities .................................................... Services less energy.................................................... 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 Purchasing power of the consumer dollar: 1982-84=$1.00............ ............................................... 1967 = $1.00................................................................. 91.3 30.5 All items ................................................................................ All items (1967=100) .............................................................. 1986 1987 All ite m s.............................................................................. Commodities..................................................................... Food and beverages ..................................................... Commodities less food and beverages........................ Nondurables less food and beverages ...................... Apparel commodities................................................ Nondurables less food, beverages, and apparel .... Durables...................................................................... 109.6 104.4 109.1 101.4 97.8 104.2 95.9 106.6 Services............................................................................ Rent of shelter (1 2/8 2=1 0 0 )....................................... Household services less rent o f shelter (12/82 = 100) Transportation services................................................ Medical care services................................................... Other services .............................................................. C O N S U M ER A N D P R IC E IN D E X F O R U R B A N W A G E Sept. EA R N E R S C LE R IC A L W O R K ER S : Apparel and upkeep ............................................................. 101.s 107.1 m.c See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 85 MONTHLY LABOR REVIEW September 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 1986 1987 July Aug. 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 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 Medical c a re .................................................................................. 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 Entertainment................................................................................ Entertainment commodities ........................................................ Entertainment services................................................................ 111.0 107.8 116.5 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.......................................... Sept. 1988 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July 111.5 109.8 115.2 113.9 106.0 109.8 119.4 113.9 111.5 118.2 118.6 107.9 110.4 120.3 113.9 112.0 117.6 118.7 108.6 110.5 120.7 111.1 110.4 112.6 116.4 108.0 110.6 120.9 108.6 108.6 108.2 115.2 106.8 112.2 121.1 108.3 108.7 107.9 113.3 106.4 112.0 121.5 112.4 111.1 114.9 116.0 107.7 112.8 121.6 114.9 112.2 118.8 119.1 109.6 113.9 122.0 114.3 113.0 116.7 119.7 109.9 114.0 122.2 112.6 112.1 113.5 118.8 109.6 113.5 122.4 110.6 111.5 109.5 118.6 108.7 115.2 122.7 106.3 105.5 113.5 114.0 115.5 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 97.9 131.3 123.0 130.8 130.9 130.8 129.6 131.4 131.4 131.3 131.4 130.2 132.4 132.0 131.9 132.0 130.9 132.8 132.6 132.6 132.6 131.4 133.7 133.0 133.4 133.0 131.7 134.9 133.4 134.1 133.2 132.0 135.4 134.6 134.7 134.6 133.4 136.9 135.8 135.4 135.8 134.7 138.4 136.5 136.1 136.6 135.5 139.3 137.1 137.2 137.1 136.1 140.1 137.8 138.0 137.7 136.6 141.2 138.5 138.3 138.5 137.7 141.5 139.6 139.4 139.6 138.5 143.8 114.8 110.6 121.8 115.0 110.9 121.8 115.1 110.8 122.2 115.6 110.9 123.2 116.3 111.3 124.3 116.7 112.2 124.1 116.9 112.6 124.0 117.4 112.8 124.9 117.6 112.9 125.2 118.2 113.5 126.0 118.9 114.2 126.5 119.0 114.6 126.3 119.4 114.9 126.8 119.8 115.4 127.2 120.9 124.8 111.9 111.2 112.6 128.5 127.8 128.6 127.8 133.7 115.0 113.9 116.1 138.2 137.9 138.4 127.5 135.1 115.1 114.1 116.2 136.7 136.4 137.0 128.0 135.4 115.4 114.3 116.7 137.4 136.6 137.7 130.3 136.0 115.8 114.6 117.1 141.8 140.7 142.1 130.8 136.5 116.1 115.0 117.3 142.4 141.8 142.7 131.0 136.7 116.2 115.0 117.4 142.8 141.8 143.1 131.3 137.2 116.4 115.1 117.8 143.0 141.9 143.3 132.7 141.0 117.1 116.0 118.3 143.4 143.9 143.6 133.6 142.3 117.5 116.2 118.9 144.3 145.3 144.5 134.0 143.0 117.7 116.5 119.0 144.6 145.2 144.8 134.2 143.1 118.1 117.0 119.3 144.7 145.4 144.9 134.5 143.4 118.5 117.1 119.9 145.2 145.4 145.4 135.0 143.8 118.8 117.4 120.2 145.8 145.6 146.0 136.3 147.9 119.1 117.8 120.4 146.0 145.6 146.3 All ite m s............................................................................................ 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 sh elte r.................................................................. All items less homeowners’ costs (12/84=100)....................... All Items less medical care......................................................... Commodities less fo o d ................................................................ Nondurables less food ................................................................ Nondurables less food and apparel ........................................... Nondurables................................................................................. Services less rent of shelter (12/84 = 1 00)................................ Services less medical c a re ......................................................... 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 Digitized for86 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 31. I C o n s u m e r P r ic e I n d e x : U .S . c i t y a v e r a g e a n d a v a ila b le lo c a l a r e a d a t a : a ll i t e m s (1982-84 = 100, unless otherwise indicated) Urban Wage Earners All Urban Consumers I Area1 1 U.S. city average................... [ 1 1 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 - Nonmetropolitan (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 - Nonmetropolitan (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 ................................ I I I I I I i | I I 1 I | I I I I 1 I I I I I I 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 .......................... Pricing Other sehe- index base dule2 1987 1988 July Aug. Mar. Apr. May June July July Aug. Mar. Apr. May June July 113.8 114.4 116.5 117.1 117.5 118.0 118.5 112.7 113.3 115.1 115.7 116.2 116.7 117.2 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 M 115.4 116.0 118.9 119.2 120.1 120.2 120.5 113.0 113.6 116.2 116.6 117.4 117.5 117.8 M - M 113.1 113.3 115.9 - - - - 113.4 113.6 116.0 - - - - M 113.8 114.2 116.2 116.8 116.5 117.2 117.9 113.2 113.6 115.6 116.2 115.9 116.6 117.3 105.6 114.3 115.4 113.7 106.1 114.9 116.1 114.3 106.6 115.3 116.4 114.6 107.1 115.8 116.8 115.3 107.6 116.1 117.4 115.7 M M M M 12/86 103.2 112.7 112.9 111.3 103.8 113.2 113.4 111.4 105.7 115.8 115.1 113.5 106.3 116.4 115.3 114.1 106.7 116.7 116.1 114.3 107.2 117.2 116.5 115.0 107.6 117.5 117.1 115.4 103.3 111.5 113.2 111.6 103.9 112.0 113.7 111.8 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 - 115.8 116.1 119.1 118.7 119.7 120.1 120.9 114.7 114.9 117.9 117.8 118.7 119.0 119.7 117.7 122.1 115.1 115.1 114.2 119.2 _ 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 - 117.3 121.8 110.2 114.3 113.8 118.5 - 117.4 123.1 111.7 115.1 113.7 119.3 * 119.7 123.7 112.6 116.0 115.7 119.9 - 115.6 115.4 109.4 114.3 - 114.8 111.9 108.1 110.1 - 115.4 112.7 109.4 110.0 Baltimore, MD ........................ Boston, MA ............................ Cleveland, O H ........................ Miami, F L ................................ St. Louis, MO-IL...................... Washington, DC-MD-VA ........ 1 1 1 1 1 1 Dallas-Ft. Worth, T X ............... Detroit, M l............................... Houston, TX ............................................. Pittsburgh, PA ......................................... 2 2 2 2 _ - 115.0 116.3 112.8 112.0 112.7 116.2 _ _ - - - - - - - - _ - 113.5 112.2 107.3 112.0 _ - - 115.4 114.4 108.2 114.5 1 Area is the Consolidated Metropolitan Statistical Area (CMSA), exclusive of farms and military. Area definitions are those established by the Office of Management and Budget in 1983, except for Boston-Lawrence-Salem, MA-NH Area (excludes Monroe County); and Milwaukee, Wl Area (ineludes 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 qoods 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 1988 - - - - - - - - - “ “ - 113.3 109.6 107.1 107.7 - ~ “ 3 Regions are defined as the four Census regions. Data not available. NOTE: Local area CPI indexes are byproducts of the national CPI program. 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 Statistics strongly urges users to consider adopting the national average CPI for use in escalator clauses. r • 87 MONTHLY LABOR REVIEW September 1988 • Current Labor Statistics: Price Data 32. Annual data: Consumer Price Index, U.S. city average, all items and major groups (1982-84 = 100) Series Consumer Price Index for All Urban Consumers: All items: Index............................................................................... Percent change.............................................................. Food and beverages: Index............................................................................... Percent change.............................................................. Housing: Index............................................................................... Percent change.............................................................. Apparel and upkeep: Index............................................................................... Percent change.............................................................. Transportation: Index............................................................................... Percent change.............................................................. Medical care: Index............................................................................... Percent change.............................................................. Entertainment: Index............................................................................... Percent change.............................................................. Other goods and services: Index............................................................................... Percent change.............................................................. Consumer Price Index for Urban Wage Earners and Clerical Workers: All items: Index............................................................................... Percent change.............................................................. 88 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1979 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 33. 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 com ponents............................................... 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......................... 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......................................................... 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 Sept. 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 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 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......................................................... 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 Crude energy materials................................ Crude materials less energy ....................... Crude nonfood materials less energy......... 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 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MONTHLY LABOR REVIEW 34. September 1988 • Current Labor Statistics: Price Data Producer Price indexes, by durability of product (1982 = 100) 1987 Annual average 1988 G r o u p in g 1986 1987 Aug. Total durable goods..................................... Total nondurable goods............................... 107.5 94.8 109.9 97.5 110.0 99.0 Total manufactures...................................... Durable...................................................... Nohdurable................................................ 101.7 107.5 96.0 104.4 109.6 99.2 Total raw or slightly processed goods ....... Durable...................................................... Nondurable ................................................ 92.3 107.8 91.5 94.2 122.6 92.9 35. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July 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 Annua! data: Producer Price Indexes, by stage of processing (1982 = 100) In d e x 1979 1980 1981 1982 1983 1984 1985 1986 1987 103.7 103.3 105.2 104.7 103.8 107.5 103.2 101.4 109.7 105.4 103.6 111.7 F in is h e d g o o d s : Total .................................................................... Consumer goods............................................. Capital equipment ........................................... 77.6 77.5 77.5 88.0 88.6 85.8 96.1 96.6 94.6 100.0 100.0 100.0 101.6 101.3 102.8 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 In te r m e d ia te m a te r ia ls , s u p p lie s , a n d c o m p o n e n ts : Total .................................................................... Materials and components for manufacturing................................................. Materials and components for construction .... Processed fuels and lubricants ...................... Containers....................................................... Supplies........................................................... C r u d e m a te r ia ls fo r fu r th e r p r o c e s s in g : Total .................................................................... Foodstuffs and feedstuffs ............................... Nonfood materials except fuel ........................ Fuel .................................................................. Digitized for9 FRASER 0 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 36. U.S. export price indexes by Standard International Trade Classification (June 1977=100, unless otherwise indicated) 1974 SITC C a te g o ry (9/83 = 100)............................................................... 1985 Dec. 1986 Mar. June 1987 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 Fo o d (3/83 = 100)........................................................................................ Meat (3 /8 3 -1 0 0 )...................................................................................... 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 /8 3 -1 0 0 ).............................................................. 0 01 03 04 05 08 09 100.7 103.6 100.6 98.8 98.2 114.0 99.5 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 Beverages a n d t o b a c c o (6 /8 3 -1 0 0 )....................................................... Beverages (9 /8 3 = 1 0 0 )............................................................................. Tobacco and tobacco products (6/83 —1 00)........................................... 1 11 12 99.4 99.5 96.6 96.3 97.4 97.1 97.3 97.0 102.6 102.6 102.6 102.6 105.0 105.0 105.5 105.5 107.0 107.0 109.6 109.8 110.6 110.7 m a t e r i a l s (6/83 —100)..................................................................... Raw hides and skins (6/80-100) ............................................................ Oilseeds and oleaginous fruit (9/77 —100)............................................... Crude rubber (including synthetic and reclaimed) (9/83 —100)............... 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 M i n e r a l f u e l s .................................................................................................................................................................................................................................. 3 97.0 83.6 76.8 77.4 77.8 81.3 82.8 84.6 82.5 79.3 82.1 A n i m a l a n d v e g e t a b l e s o i l s , f a t s , a n d w a x e s .................................................................................................. Fixed vegetable oils and fats (6 /8 3 -1 0 0 )............................................... 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 (3 /8 3 -1 0 0 )............................................................................... 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 (9/81—100)................................. Leather and furskins (9/79—100)............................................................. Rubber manufactures ................................................................................ Paper and paperboard products (6/78 —100).......................................... Iron and steel (3/82—100) ....................................................................... Nonferrous metals (9/81 -1 00 ) ................................................................ 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 (1 2 /7 8 -1 0 0 ).................................................... 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 /8 0 -1 0 0 )...................................................... 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 O t h e r m a n u f a c t u r e d a r t i c l e s .................................................................................................................................................................. 8 84 87 100.3 100.6 102.3 102.0 103.5 103.1 103.4 103.0 103.8 103.5 104.6 104.4 105.2 105.5 105.4 106.3 105.6 107.1 106.9 110.0 108.0 111.1 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 - - - - - - - - - - - .............................................................. 971 - - - - - - - - - - - A L L C O M M O D IT IE S C ru d e C h e m ic a ls In te r m e d ia te m a n u fa c tu r e d p r o d u c t s M a c h in e r y a n d tr a n s p o r t e q u ip m e n t, e x c lu d in g m ilita r y a n d c o m m e r c ia l a ir c r a ft Apparel (9 /8 3 -1 0 0 ).................................................................................. Professional, scientific, and controlling instruments and apparatus........ Photographic apparatus and supplies, optical goods, watches and clocks (1 2 /7 7 -1 0 0 )................................................................................. G o ld , n o n -m o n e ta ry ( 6 / 8 3 - 1 0 0 ) - Data not available. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 91 MONTHLY LABOR REVIEW September 1988 • Current Labor Statistics: Price Data 37. U.S. import price indexes by Standard International Trade Classification (June 1977 = 100, unless otherwise indicated) C a te g o ry 1974 SITC 1987 1986 1988 Dec. Mar. June Sept. Dec. Mar. June 101.1 102.3 106.5 110.0 110.9 112.5 113.8 116.9 107.3 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 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 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............................................. 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 p r o d u c t s (6/82 —100).................................................. Petroleum and petroleum products (6/82 —100) ...................................... 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 (9/83 —1 00).......................................................................... Vegetable oils (9/83—100)....................................................................... 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 (9/82-100) ............................................................................... Medicinal and pharmaceutical products (3/84 = 100) .............................. Manufactured fertilizers (3/84 - 100)........................................................ Chemical materials and products, n.e.s. (9/84 = 100).............................. 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 p r o d u c t s (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 (9/78—100) ....................................................................... Nonferrous metals (12/81 —100) .............................................................. Metal manufactures, n.e.s.......................................................................... 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 M a c h i n e r y a n d t r a n s p o r t e q u i p m e n t ( 6 / 8 1 — 1 0 0 ) .............................................................................. 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 A L L C O M M O D IT IE S (9 /7 7 -1 0 0 )........................................................................................ M e a t........................................................................................................... Dairy products and eggs (6/81 =100) .................................................... Fish............................................................................................................. Bakery goods, pasta products, grain and grain preparations (9/77-100) .............................................................................................. Fruits and vegetables ................................................................................ Sugar, sugar preparations, and honey (3/82—100)................................. Coffee, tea, cocoa..................................................................................... Fo o d B e v e ra g e s a n d to b a c c o .................................................................................................................................................................................... Beverages ................................................................................................. C r u d e m a te ria ls Sept. 98.7 0 01 02 03 (9 /8 2 -1 0 0 )............................................................... ..................................................................................................................................................................................................................... F u e ls a n d re la te d F a t s a n d o ils C h e m ic a ls In te r m e d ia te m a n u fa c tu r e d 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—1 00).................................. Road vehicles and parts (6/81—100)...................................................... June - 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 (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 (1 2 /7 9 -1 0 0 )........................................................................... Photographic apparatus and supplies, optical goods, watches, and clocks (3/80—1 00)................................................................................... Mise, manufactured articles, n.e.s. (6/82 = 100)...................................... 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 G o l d , n o n - m o n e t a r y ( 6 / 8 2 — 1 0 0 ) .................................................................................................................................................. 971 M is e , m a n u fa c tu r e d a r tic le s - Data not available. 92 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis “ - " “ ” “ “ “ “ - - - - - - - - - 38. U.S. export price indexes by end-use category (September 1983 = 100 unless otherwise indicated) C a te g o ry Foods, feeds, and beverages ....................................................... Raw materials................................................................................. Capital goods (12/82—100).......................................................... 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 Mar. Dec 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) C a te g o ry 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 June Sept. 1988 1987 1986 Dec. Mar. June Sept. Mar. Dec. 106.1 49.1 109.8 50.0 108.4 54.7 105.2 67.2 107.8 74.1 109.0 74.7 112.1 67.6 113.7 60.3 - - - - - - - - ' June 113.6 64.8 - - - - - - - - - - - - - - - - - - - 110.7 110.4 107.1 113.5 112.7 110.1 114.2 114.6 110.5 118.7 116.5 114.2 122.2 118.4 116.9 121.9 118.4 118.2 126.6 120.6 121.4 128.6 123.7 124.2 130.8 125.9 126.4 - - - - - - - - - “ “ “ ” ” “ ~ “ - Data not available. 40. U.S. export price indexes by Standard Industrial Classification 1 1988 1987 1986 In d u s try g ro u p June Sept. Dec. Mar. June Sept. Dec. Mar. June Manufacturing: Lumber and wood products, except furniture (6 /8 3 -1 0 0 )..................................................................... Scientific instruments; optical goods; clocks (6 /7 7 -1 0 0 )..................................................................... 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 1 SIC - based classification. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 93 MONTHLY LABOR REVIEW 41. September 1988 • Current Labor Statistics: Price and Productivity Data U.S. import price indexes by Standard Industrial Classification 1 1988 1987 1986 In d u s try g ro u p Sept. June Manufacturing: Food and kindred products (6/77 —100) ................................. Textile mill products (9/82—100)............................................. Apparel and related products (6/77—100)............. ................ Lumber and wood products, except furniture (6/77-100) ............................................................................ Furniture and fixtures (6 /8 0 - 100)........................................... Paper and allied products (6/77 = 100).................................... 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 = 1 00)................................. Machinery, except electrical (3 /8 0 -1 0 0 )................................ Electrical machinery (9 /8 4 -1 0 0 )............................................. Transportation equipment (6/81—1 00 ).................................... Scientific instruments; optical goods; clocks (1 2 /7 9 -1 0 0 ).......................................................................... Miscellaneous manufactured commodities (9 /8 2 -1 0 0 )............................................................................ 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. 94 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 42. Indexes of productivity, hourly compensation, and unit costs, quarterly data seasonally adjusted (1977 = 100) Quarterly Indexes Item IV I II 1988 1987 1986 1985 III IV I II III IV I II B u s in e s s : Output per hour of all persons............................. Compensation per hour........................................ Real compensation per h o u r................................ Unit labor c o s ts ..................................................... Unit nonlabor payments....................................... Implicit price deflator ............................................ N o n fa rm 108.5 178.8 99.4 164.8 161.6 163.7 110.5 180.4 100.0 163.3 164.5 163.7 110.4 182.0 101.2 164.9 165.2 165.0 110.0 184.0 101.7 167.3 166.6 167.0 109.8 186.2 102.2 169.6 163.7 167.5 109.9 187.3 101.5 170.5 165.6 168.7 110.6 189.0 101.2 170.8 168.7 170.1 111.7 191.1 101.4 171.1 171.5 171.2 111.8 194.0 102.0 173.5 168.9 171.9 112.8 195.8 102.1 173.5 170.0 172.3 112.2 198.0 102.0 176.5 169.2 173.9 106.5 177.9 99.0 167.1 162.7 165.5 108.6 179.8 99.6 165.5 166.1 165.7 108.4 181.2 100.7 167.1 166.6 167.0 108.0 183.1 101.2 169.5 168.1 169.0 107.8 185.4 101.8 172.1 164.9 169.5 107.8 186.4 101.0 172.9 167.2 170.9 108.6 187.9 100.6 173.0 169.8 171.9 109.6 190.0 100.8 173.3 173.0 173.2 109.9 192.9 101.4 175.6 170.9 174.0 110.8 194.6 101.5 175.7 171.6 174.2 110.3 196.6 101.3 178.2 171.4 175.8 108.0 175.3 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 - 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 99.3 141.0 133.2 188.2 99.0 141.3 134.3 190.7 99.4 142.1 135.4 192.1 99.0 141.9 b u s in e s s : Output per hour of all persons............................. Compensation per hour........................................ Real compensation per h o u r................................ Unit labor c o s ts ..................................................... Unit nonlabor payments....................................... Implicit price deflator ............................................ N o n fin a n c ia l c o r p o r a tio n s : Output per hour of all employees........................ Compensation per h our........................................ 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 ............................................ - ” M a n u fa c tu rin g : Output per hour of all persons............................. Compensation per h our........................................ Real compensation per h o u r................................ Unit labor c o s ts .................................................... - Data not available. 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 P r iv a te b u s in e s s 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 in p u t........ Capital per hour of all persons............................. P riv a te n o n fa rm 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 b u s in e s s 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 in p u t........ Capital per hour of all persons............................. M a n u fa c tu rin g 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............................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MONTHLY LABOR REVIEW 44. September 1988 • Current Labor Statistics: Productivity & International Comparison Data Annual indexes of productivity, hourly compensation, unit costs, and prices, selected years (1977=100) 1960 Item 1976 1973 1970 1978 1980 1981 1982 1983 1984 1985 1986 1987 B u s in e s s : 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 ............................................ N o n fa rm 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 99.3 142.7 130.4 139.1 127.7 183.0 101.2 143.3 136.3 141.3 132.0 186.9 99.7 141.7 139.2 141.0 b u s in e s s : Output per hour of all persons............................. Compensation per hour........................................ Real compensation per h o u r................................ Unit nonlabor payments ....................................... Implicit price deflator ............................................ N o n fin a n c ia l c o r p o r a tio n s : Output per hour of all employees........................ Compensation per h our........................................ Real compensation per h o u r................................ Unit labor costs .................................................. Unit nonlabor co sts ............................................ Unit profits............................................................. Unit nonlabor payments....................................... Implicit price deflator ............................................ M a n u fa c tu rin g : Output per hour of all persons............................. Compensation per hour........................................ Real compensation per h o u r................................ Unit nonlabor payments ....................................... Implicit price deflator ............................................ 96 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 45. Unemployment rates, approximating U.S. concepts, in nine countries, quarterly data seasonally adjusted Annual average 1988 1987 1986 Country 1986 T o ta l la b o r fo rc e 1987 IV II I III I IV II b a s is 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 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 France ............................................... Germany............................................ Italy 2 .............................................. Sweden3 ............................................ United Kingdom................................. C iv ilia n 5.4 7.6 - - 6.9 - 1.6 8.6 la b o r fo r c e b a s is 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 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 L a b o r fo rc e United S tates........................................................ Canada .................................................................. Australia................................................................. Japan .................................................................... France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden.................................................................. United Kingdom.................................................... P a r t ic ip a t io n r a t e 1 United S tates........................................................ Canada .................................................................. Australia................................................................. Japan .................................................................... France................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden.................................................................. United Kingdom.................................................... E m p lo y e d United States ........................................................ Canada .................................................................. Australia................................................................. Japan .................................................................... France................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden................................................................. United Kingdom.................................................... E m p lo y m e n t - p o p u la tio n r a t io 2 United S tates........................................................ Canada .................................................................. Australia................................................................ Japan .................................................................... France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden.............................................................. United Kingdom.................................................... U n e m p lo y e d United S tates........................................................ Canada .................................................................. Australia................................................................. Japan .................................................................... France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden.................................................................. United Kingdom.................................................... U n e m p lo y m e n t r a te United S tates........................................................ Canada .................................................................. Australia................................................................. Japan .................................................................... France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden................................................................. United Kingdom.................................................... 1 j_abor 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. MONTHLY LABOR REVIEW September 1988 • Current Labor Statistics: International Comparisons Data 47. 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 O u tp u t p e r h o u r United States........................................................ Canada ................................................................. Japan .................................................................... Belgium.................................................................. Denmark ................................................................ France ................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Sweden.................................................................. United Kingdom.................................................... 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 98.3 135.0 135.2 114.6 122.0 112.6 129.6 119.4 109.8 116.5 113.5 112.0 105.4 142.3 148.2 120.2 125.1 119.2 138.6 127.5 117.2 125.5 123.2 118.1 116.8 152.5 154.4 118.6 129.3 123.7 147.8 140.5 123.9 131.0 130.0 124.2 119.7 161.1 159.0 118.3 133.3 128.5 151.9 145.1 125.2 136.1 134.7 128.8 119.4 163.8 165.4 118.5 136.2 130.7 153.1 144.7 124.8 136.4 138.5 132.4 121.5 170.5 121.0 141.2 132.4 158.9 134.4 139.9 148.1 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 95.5 130.7 129.9 184.1 124.3 104.1 113.5 131.2 108.9 118.8 100.7 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 98.7 106.9 108.0 102.7 73.7 85.7 82.6 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 88.4 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 118.6 118.6 113.4 117.5 123.1 128.4 116.1 134.7 117.0 116.0 120.1 139.0 132.4 131.3 120.7 130.4 135.9 148.5 125.6 160.2 123.6 128.0 133.6 168.7 145.2 151.1 129.8 144.5 149.7 172.0 134.5 198.4 129.1 142.8 148.1 193.3 157.5 167.0 136.6 150.7 162.9 203.9 141.0 238.3 137.5 156.0 158.9 211.7 162.4 177.2 140.7 159.7 174.2 225.2 148.3 282.9 144.0 173.5 173.3 226.6 168.0 185.5 144.9 173.0 184.4 247.2 155.5 316.5 150.0 188.3 189.7 242.3 176.9 194.7 151.4 184.5 196.1 267.2 164.7 348.6 157.7 204.8 212.4 258.6 182.7 202.3 158.8 191.9 205.3 279.8 172.1 360.0 161.5 225.3 228.1 278.5 185.1 211.4 161.1 225.9 289.3 179.1 383.2 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 97.0 116.0 173.2 205.4 131.7 235.1 111.6 180.5 167.3 201.1 139.7 174.0 94.5 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 O u tp u t United S tates........................................................ Canada .................................................................. Japan .................................................................... Belgium................................................................. United Kingdom..................................................... T o ta l h o u rs Japan .................................................................... Belgium................................................................. Italy........................................................................ Netherlands........................................................... Norway.................................................................. United Kingdom.................................................... C o m p e n s a t io n p e r h o u r Japan .................................................................... Belgium.................................................................. Germany................................................................ Italy........................................................................ Norway.................................................................. United Kingdom.................................................... U n it la b o r c o s t s : National currency basis Belgium.................................................................. Italy........................................................................ Nonway.................................................................. United Kingdom................................................... U n it la b o r c o s t s : U.S. dollar basis Japan ................................................................... United Kingdom................................................... - Data not available. 98 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 81.0 84.9 68.0 263.1 243.8 301.3 186.6 204.9 135.2 241.2 195.7 174.3 203.4 139.7 139.4 175.0 163.6 167.5 174.5 164.2 154.5 122.7 191.2 48. Occupational injury and illness incidence rates by industry, United States Incidence rates per 100 full-time workers2 Industry and type of case1 1978 1979 1980 1981 1982 1983 1984 1985 1986 P R IV A T E S E C T O R 3 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 A g r ic u lt u r e , f o r e s t r y , a n d fis h in g 3 Total cases................................................................................................ Lost workday cases .............................................................................. Lost workdays............................................................................................ M in in g Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ C o n s tr u c tio n Total cases................................................................................................. Lost workday ca ses................................................................................... Lost workdays............................................................................................ General building contractors: Total cases................................................................................................. Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Heavy construction contractors: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Special trade contractors: Total cases................................................................................................. Lost workday ca ses................................................................................... Lost workdays............................................................................................ M a n u fa c tu r in g Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ D u r a b le g o o d s 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 cases .................................................................................. Lost workdays............................................................................................ Machinery, except electrical: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Electric and electronic equipment: Total cases................................................................................................ Lost workday cases.................................................................................. 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 ca ses.................................................................................. Lost workdays............................................................................................ See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MONTHLY LABOR REVIEW September 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 ana type ot case1 1978 1979 1980 1981 1982 1983 1984 1985 1986 N o n d u ra b le g o o d s Food and kindred products: Total cases................................................................................................ Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Tobacco manufacturing: Total cases................................................................................................ Lost workday cases .................................................................................. Lost workdays............................................................................................ Textile mill products: Total cases................................................................................................. Lost workday ca ses.................................................................................. Lost workdays............................................................................................ Apparel and other textile products: Total cases................................................................................................. Lost workday ca ses................................................................................... 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 ca ses................................................................................... Lost workdays............................................................................................ Petroleum and coal products: Total cases................................................................................................. Lost workday ca ses................................................................................... Lost workdays............................................................................................ Rubber and miscellaneous plastics products: Total cases................................................................................................. Lost workday cases................................................................................... Lost workdays............................................................................................ Leather and leather products: Total cases................................................................................................ Lost workday cases ................................................................................... Lost workdays............................................................................................ 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 2.2 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 8.1 125.5 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 5.7 102.3 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 4.7 94.9 8.8 5.2 105.1 8.6 5.0 107.1 8.2 4.8 102.1 7.9 3.2 44.9 8.0 3.4 49.0 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 8.9 3.9 57.5 8.8 4.1 59.1 8.2 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 7.5 2.8 39.7 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 2.1 .8 12.5 2.1 .9 13.3 2.0 .8 12.2 1.9 .8 11.6 2.0 .9 13.2 2.0 .9 12.8 1.9 .9 13.6 2.0 .9 15.4 2.0 .9 17.1 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 5.4 2.6 45.4 5.3 2.5 43.0 T r a n s p o r t a t io n a n d p u b lic u tilitie s Total cases................................................... ............................................ Lost workday ca ses................................................................................... Lost workdays .......................................................................................... W h o le s a le a n d r e ta il tr a d e Total cases................................................................................................. Lost workday ca ses................................................................................... Lost workdays............................................................................................ Wholesale trade: Total cases................................................................................................. Lost workday ca ses................................................................................... Lost workdays............................................................................................ Retail trade: Total cases................................................................................................. Lost workday cases ................................................................................... Lost workdays............................................................................................ F in a n c e , in s u ra n c e , a n d r e a l e s t a t e Total cases................................................................................................ Lost workday cases................................................................................... Lost workdays............................................................................................ S e r v ic e s 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 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. All of this for only $16 per year? Problems encountered in measuring single- and multifactor productivity Development o f new data sources. better utilization of existing sources. and broader coverage are some o f the ways in which Major Agreements Expiring Next Month Yes! Developments in Industrial Relations Current Twelve issues of the Monthly Labor Review Labor Statistics for only $16. Analytical articles, Developments in Industrial Relations, ■ ('armi Labor SUrtMirs Major Agreements Expiring, 48 tables of Current Labor Statistics, Foreign Labor Research Summaries, Book Reviews, Developments and much more. Use the coupon below to place your order for 1 or 2 years. Research Summaries Labor Month In Review Conference Papers ms Mjmarx'. f r namfi 'Iff rfrm hi.h.h A Book Reviews Send subscription orders to: Communications Superintendent of Documents U.S. Government Printing Office Washington, D.C. 20402 ml#' Buraau ot Labor Statistics https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Order form Please start___ subscriptions to the M o n t h ly L a b o r R e v ie w □ one year, $16 or, ED two years, $32. for Total cost--------------- □ Enclosed is a check or money order payable to Superintendent of Documents. □ Charge to GPO Deposit Account No.__ _________________ Order No-----------□ Charge to □ [■ ¡¡■ p j □ VISA' Credit card no.. Nam e Com pany nam e A d d re s s C ity, S ta te , Z ip c o d e 6B Expiration date_ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis