NEWS from U.S. DEPARTMENT OF LABORW. Willard Wirtz, Secretary

USDL - 7032

FOR RELEASE: IMMEDIATETuesday, F ebruary 8, 1966

U0 Sc DEPARTM ENT OF LABOR BLS, 961 - 2634

THE EM PLOYM ENT SITUATION: JANUARY 1966

In January, the jo b situation continued to re fle c t the stepped up pace of econ om ic activity, the U. S. Departm ent of L a b or1 s Bureau of Labor Statistics Reported-todayo The p ost-C h ristm as decline in em ploym ent and r ise in unem ploy­ment w ere le ss than usual. As a consequence, em ploym ent on a seasonally adjusted basis showed a further in crea se , while the unem ploym ent rate, edged down to 4C 0 p ercen t--th e low est point since early 1957.

Total Em ploym ent and L abor F orce

Total em ploym ent stood at 710 2 m illion in January, an in crease of 2. 2 m illion from a year e a r lie r . N onagricultural em ploym ent was up by nearly 20 4 m illion w ork ers over the year, while agricu ltural em ploym ent continued its long- term d eclin e, dropping by 150, 000o O v er-th e -y ea r in crea ses in em ploym ent totaled 10 1 m illion for teenagers, 800, *000 fo r adult wom en, and 300, 000 for adult men*

Beginning with this re lea se , data drawn from the household and the establishm ent surveys w ill be regu larly reported together. The household survey prov ides the only com prehensive estim ates on the size and ch a ra cter is tics of the labor fo r c e , the total em ployed, and the unem ployed. The estab lish ­m ent survey provides em ploym ent, hours, and earnings estim ates by detailed industry. Em ploym ent data from these two sou rces d iffer because of d ifferen ces in definition and coverage , m ethods of co lle ction , and sampling and estim ating p roced u res .A m a jor cause of d ifferen ces is the inclusion in the household data of se lf-em p loyed persons and persons em ployed in agricu ltu re, private households, and as unpaid fam ily w ork ers .

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The E m ploym ent SituationPage 2F ebruary 8, 1966

Among the 67c 7 m illion w ork ers in nonagricultural industries, there w ere 10 8 m illion who w orked part tim e as a resu lt of slack w ork and other econ om ic reasonso The number of these involuntary p art-tim e w ork ers was down by 300, 000 from a year ago and at its low est January leve l since these data w ere firs t co lle cted in early 1955c

Over the last 4 m onths, the total labor fo r ce has averaged 78© 3 m illion , an in crease of 10 7 m illion from the com parable period a year e a r lie r and 400, 000 larger than the lon g-ru n p ro jected r is e c Although the A rm ed F o rce s figure has been ris in g , the bulk of this in crea se ( l e 6 m illion ) was in the civ ilian labor f o r c e 0

Industry Developm ents

Between D ecem ber and January nonfarm payroll em ploym ent declined by 250,000 le ss than seasonally,, (These data exclude the se lf-em p loyed , unpaid fam ily w ork ers , and private household w ork ers , which are included in the total em ploym ent figures© ) The reductions in trade, governm ent, and m anufacturing w ere all le ss than seasonally expected© Job reductions w ere c lo se to seasonal expectations in contract construction , transportation and public u tilities, f i ­nance industries, m isce llan eou s serv ice industries, and mining©

A fter allowing fo r seasonal changes, m anufacturing em ploym ent was up by 90, 000© Job strength was particu larly evident among the hard goods in d ustries, esp ecia lly in the five m a jor m etals and m etal-u sing industries and stone, clay and g la ss .

Nonfarm payroll em ploym ent, at 61© 0 m illion , was up by 2© 8 m illion from a year ago, with gains in a ll industry groups except mining© Em ploym ent in m anufacturing, at 18© 3 m illion , was up by 875, 000 from January 1965, the la rgest gain fo r a January-to-January period since 1955-56© Over three-fourth s of the gain occu rred in the durable goods sector, with the m ajor m etal-w orking and m eta l-producin g industries providing m ost of the impetus© Eighty percent of the gain from a year ago o ccu rred among production workers©

C ontract construction em ploym ent was up by 150, 000 from a year ago and totaled nearly 3© 0 m illion in January© The o v e r -th e -y e a r em ploym ent in crease in transportation and public utilities was about 80, 000 after allowance for the dock strike in January of 1965.

C onsistent with the long-ru n growth trend, the m a jority of the new job s created in the nonfarm sector over the year w ere in the serv ice -p rod u cin g industries, with trade, m isce llan eou s se rv ice s , and State and lo ca l governm ent providing the bulk of the increase©

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The E m ploym ent SituationPage 3F ebruary 8, 1966

F actory Hours and Earnings

The fa ctory w orkw eek declined seasonally by 0. 6 hour to 410 1 hours in Januaryc The w orkw eek included an average of 30 6 hours of overtim e at prem ium pay, down 0. 4 hour from D ecem ber but the highest January leve l since this ser ies originated in 19 56, On a seasonally adjusted basis , the workweek was unchanged fo r the third consecutive month, still at its highest leve l since W orld War II0 Hours continued to be re la tively high in m ost industries, e sp ecia lly in fabricated m etals, transportation equipm ent, and m ach inery0

Between D ecem ber and January, average hourly earnings rose by 1 cent to $20 67, an alltim e high. H ow ever, w eekly earnings edged down by $ l c 20 to $109. 74 because of the reduction in average w eekly hours,

U nem ploym e nt

The number of unem ployed w orkers rose le s s than seasonally in January to 3, 3 m illion 0 Among the unem ployed w ere 1 -1 /2 m illion adult m en, 1 m illion adult w om en, and 775, 000 teenagers. A lm ost all of the unem ployed adult m en, 80 percent of the adult wom en, and half of the teenagers w ere seeking fu ll-t im e jo b s . N early all of the net decline in unem ploym ent since January 1965 o ccu rred among adult w o rk e rs --th re e -fo u rth s m en and one-fourth wom en.

Continued strength in labor demand was evident fo r m ost w orker groups in January, The National unem ploym ent rate inched downward to 4 ,0 percent, a lm ost a percentage point below the January 1965 rate and at its low est point since early 1957, Rates of unemploym ent fo r adult m en and m arried m en w ere v irtually unchanged from D ecem ber (2 ,6 and 1,9 percent, resp ectiv e ly ) and w ere at their low est points in m ore than a decade. The unem ploym ent rate fo r b lu e -co lla r w ork ers , m ost of whom are adult m en, fe ll from 4, 4 percent to 4, 2 over the month. The adult wom en rate, which had only developed a d istinct downward trend within the last 2 yea rs , continued to respond to the greater demand fo r w ork ers , falling from 4, 0 percent to 3, 8 percent over the month. F or a ll three groups of w ork ers , rates w ere nearly a percentage point below January 1965 lev e ls .

Job less rates of teenagers have a lso shown significant d eclin es . Over the month, their rate fe ll nearly one percentage point to 12, 0 percent, as their em ploym ent declined le ss than seasonally. The teenage rate was still three tim es as high as the average. Over the year, a re co rd in crease of 1, 1 m illion in the civ ilian labor fo r ce fo r teenagers was m atched by an equal em ploym ent in crea se . The number of unemployed teenagers was virtually unchanged from January 1965, at 800,000 , but their unemploym ent rate fe ll by 3 percentage points.

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The Em ploym ent SituationPage 4F ebruary 8, 1966

January developm ents fo r m en aged 20 to 24 re fle cted both the influence of in crea sed m ilita ry demands and sustained p ressu re fo r additional w o rk e rs0 Their unem ploym ent rate dropped to 4. 2 percent in January, nearly a fu ll percentage point decline since D ecem ber and 3 percentage points below the January 1965 rate. T here has been a m arked reduction in the number of m en in the civ ilian labor fo r ce in this age group0 A large portion of the decline re fle cts inductions into the A rm ed F o rce s and in crea sed fu ll-tim e sch ool enrollm e ntse

Unem ploym ent among nonwhites num bered 67 5, 000 in January, on e-fifth of the jo b le s s total. T heir unem ploym ent rate at 7 .0 percent, was down significantly from a year ago but rem ained tw ice the rate for whites.

L on g -term unem ploym ent o f 15 weeks or longer (680, 000 in January) was reduced by 170,000 over the year, and very lon g -term unem ploym ent fe ll by 100, 000. L on g -term unem ploym ent was at its low est January leve l in 8 y ea rs .

The number of p erson s receiv in g unemploym ent insurance benefits under State program s showed a slightly greater than seasonal r is e from D ecem ber to January, partly as a resu lt of the New Y ork City transit strike. The r ise of 500, 000 to 1. 7 m illion was w idespread in nearly a ll States with New Y ork , C aliforn ia , New J ersey , Pennsylvania and W isconsin record in g the la rgest upswings.

In a ccord an ce with regular p ractice at the beginning of each year, the seasonal adjustment of labor fo rce com ponents has been r e v is e d on the basis of m ore recen t data. The rev is ion s did not a ffect p rev iou sly published rates fo r total unem ploym ent by m ore than 0. 1 percentage point in any month. The updated seasonally adjusted data and seasonal adjustm ent fa cto rs w ill appear in the F ebruary issue of Em ploym ent and Earnings and Monthly R eport on the L abor F orce to be re lea sed on about F ebruary 16.

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Table A-1: Employment status -of the non institutional population, by age and sex(In thousands)

Jan.1966

Dec.1965

Jan.1965

Seasonally adjustedJan.1966

Dec.1965

Nov.1965

Oct.1965

Sept.1965

77*409., 78, 477 75, 699 79, 644 79, 408 78,906 7$, 606 78, 334,74> 519- > 5 , 636 72, 992 76, 754 76, 567 76, 111 75, 846 75,61171,229 72,749 68,996 73,715 73,441 72, 914 72, 561 72,297

3, 577 3, 645 3,739 4, 429 4,486 4, 273 4, 551 4, 41867,652 69, 103 65, 257 69, 286 68, 955 68,641 68,010 67, 879

1>766 1,627 2,057 1,819 1,745 1,819 1,821 1,780972 761 1,078 902 766 817 * 848 843794 866 979 917 979 1,002 973 937

3, 290 2,888 3, 996 3,039 3,126 3,197 3, 285 3, 314

44, 264 44, 493 44, 469 44,788 44,751 44, 565 44,539 44, 646427739 43,243 42, 437 43,604 43, 579 43,330 43, 234 43, 285

2,722 2, 780 2,960 2, 936 3,035 2,933 3, 131 3, 12040,017 40, 463 39, 476 40, 668 40,544 40,397 40, 103 40, 165

1,525 1,249 2,033 1,184 1,172 1,235 1,305 1, 361

23,784 24,120 23,104 24,145 24, 121 23, 967 23, 779 23, 774S22,783 23, 283 21,950 23, 22JL 23, 157 22, 937 22, 790 22,771\ 476 493 471 0 ^ 6 5 J 769 684 749 697p . , 306 22,791 21,479 2 2 T * * - <12, 388 22, 253 22,041 22,074

1,001 838 1,154 917 964 1,030 989 1,003

^ 6 , 471 7,023 5, 418 7, 821 7, 695 7,579 7, 528 7, 191-S , 708 6, 223 4, 610 6 ,8 8 ^ 6,705 6, 647 6, 537 6, 241

j 379 373 308 ' 682 656 671 601.^5,329 5,850 4,302 6, 155 6,023 5,991 5, 866 5, 640

763 800 808 938 990 932 991 950

Employment status, age,and s “X

TotalTotal labor force ............ \ . . . .Civilian labor fo rce . . . . . . . .

Employed.....................................A gricu ltu re ............................Nonagricultural industries.

On part time for econom icreasons ............................

Usually work full time . ̂ * /Usually work part time . I &

U nem ployed .................................. I • - «

Men, 20 years and overCivilian labor fo rce . . . . . . ....

Em ployed............ ...A gricu ltu re ............................Nonagricultural industries

U nem ployed ...............................

Womens 20 years and overfCivilian labor fo r c e .

Em ployed.AgricultureNonagricultural industries

U n em ployed .........................

Both sexes, 14-19 yearsCivilian-labor f o r c e . . . . . . . .

Employed ............................ ...Agriculture . .................. . . ^ • ' fNonagricultural industries. . i

U n em ployed .................................. f../2 i

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ l_ _

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Table A-2: Major unemployment indicators

Thousands of per- Seasonally zidiusted rates of unemploymentSelected categories / sons unemployed

Jan. Jan. Dec. No t . Oct. Sept. J an.V 1966 1966 1965 1965 1965 1965 1965

Total (all civilian workers) k . . 3,290 4.0 4.1 4.2 4.3 4.4 4.8

Men, 20 years and over^XTT' "X 1,525 2.6 2.6 2.8 2.9 3.0 3.5C 20-24 years . . . . / . . I 7 2$ years and over . . .\. . .

) 247 1 1 ,,278 4 3 )

5.1 5.72.5

5.52.6

5.92.7

7.13.1

Wefaien, 20 years and over. . ."' ■ 1,001 3.8 4.3 4.2 4.2 4.5Both sexes, 14-19 years J:>.' ^ 763 12.0 12.9 12.3 13.2 13.2 15.2

White................................ . . 2,612 3.5 3.7 3.7 3.9 3.9 4.3Non white.......................... . . 678, 7.0 7.5 8.1 7.9 8.1 9.0

UarrtpH men . . . ................... x 982 1.9 1.8 2.0 2.1 2.2 2.7Full-time workers1..................... 2,632 3.4 3.5 3.7 3.8 4.1 4.5Blue-collar workers2 ................ 1,528 4.2 4.4 4.6 4.8 5.1 .5.6Unemployed 15 weeks and

over ̂ ..................... • 678 .9 .9 .8 .9 1.0 1.1State insured^ . . ................ .. . 1,674 2.8 2.5 2.6 2.8 2.9 3.4Labor force time lost^. . . . . . . — 4.3 4.4 4.5 4.6 4.7 5.3

* Adjusted by provisional seasonal factors. ^Craftsmen, operatives, and nonfarm laborers. ^Rates based on civilian labor force.45Insured unemployment under State programs as a percent of average covered employment.Labor force time lost is a percentage representing the man-hours lost by the unemployed and those on part time for economic reasons.

Table A-3: Unemployed persons by duration of unemployment

(In thousands)

Duration of unemploymentJan.1966

Dec.1965

Jaa.1965

Seasonally adjustedJan.1966

Dec.1965

■or.1965

Oct.1965

S ep t.1965

Less than 5 w eek s...................... 1,701 1,442 1,863 1,548 1,532 1,618 1,562 1,7035 to 14 weeks.............................. 911 846 1,288 738 869 903 992 85815 weeks and over , . .............. 678 600 845 661 660 644 697 728

15 to 26 w eek s..............*. . . f38S 334 457 354 355 334 350 38427 weeks and over................. 1296

_______266 389 307 305 310 347 344

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Table A-4: Unemployment rates by industry and occupation

Industry or occupation

Industry

T ota l................................ ..................Experienced wage and salary workers . . .

Agriculture ................................... .. . . .Nonagricultural industries........... .. . . .

Mining, forestry, fisheries................Construction........................ .............Manufacturing................ ...................

Durable goods ..............................Nondurable goods .........................

Transportation and public utilities .Wholesale and retail trade................Finance, insurance, and real estateService industries........... .. ..............Public administration. . . . . . . . . .

Self-employed and unpaid family workers .

Occupation

T ota l...................................................White-collar workers ...................................

Professional and technical . . . . . . . .Managers, officials, and proprietors . .Clerical workers......................................Sales workers...........................................

Blue-collar w orkers...................................Craftsmen and foremen...........................Operatives........................ ......................Non farm laborers......................................

Service workers ............................................Private household workers......................Other service workers..............................

Farm workers. ..............................................Farmers and farm managers ...................Farm laborers and foremen......................

Jan.1966

4.44.3

11.64.15.6

11.23.83.34.42.45.32.13.41.71.0

4.42.21.31.33.0 3.75.64.75.19.34.84.34.93.5

.77.5

Jan.1965

5.55.4

11.75.39.3

15.84.84.55.23.96.33.3 4.01.91.2

5.52.6 1.7 1.23.6 4.1 7.45.7 6.9

13.16.03.76.7 3.7.

.68.0

Jan.1964

6.46.4

15.96.29.9

17.56.66.27.24.37.12.74.12.8 1.8

6.43.01.91.94.04.79.06.29.1

15.86.65.76.9 5.3

.811.2

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Table A-5: Full- and part-time status of the civilian labor force(In thousands)

Full- and part-time employment status

Jan.1966

Dee.1965

Jan.1965

Jan.1964

Full Time

Civilian labor force ........................................... ... 64 ,8 08 6 5 ,4 4 0 6 4 ,1 0 6 6 3 ,0 4 8Employed:

Full-time schedul es1 . . . . . . . . . . . . . 6 0 ,08 2 6 1 ,32 0 5 8 ,3 3 8 5 6 ,7 0 0Part time for econom ic r e a s o n s ................ 2 ,0 9 4 1,909 2 ,3 8 3 2 ,4 1 2

Unemployed, looking for full-time work. . . . 2,632; 2 ,2 1 1 3 ,3 8 5 3 ,9 36Unemployment rate .................................................... 6.1 3 .4 5 .3 6.2

Part Time

Civilian labor force. ................................................. 9 ,7 1 1 10,196 8 ,8 8 5 8 ,7 4 4Employed (voluntary part t im e )* ...................... 9 ,5 2 0 8 ,2 7 4 8 ,1 1 3Unemployed, looking for part-time work . . . 676 611 631

Unemployment r a t e .................................................... 6 .8 6.6 6.9 7 .2

* Employed persons with a job but not at work are distributed proportionately among the fu ll- and part-time employed categories.

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Table B-l: Employees on nonagricultural payro lls, by industry

(In thousands)

Industry Jan.1966

Dec.1965

Nov.• 1965

Jan.1965

Change fromSeasonally adjusted

Jan.1966

Dec.1965

Nov.1965

ChangefromDec.1965

Dec.1965

Jan.1965

TOTAL ...................................... 61,006 62,61*3 6 2 ,0 29 58,234 - 1 ,6 3 7 2 ,7 7 2 6 2 ,111 6 1 ,8 6 5 61,472 246

MINING...................................... 6 l4 628 631 619 - l 4 -5 629 630 627 -1

CONTRACT CONSTRUCTION. . . . . 2,947 . 3,185 3 ,375 2 ,8 0 0 -2 38 147 3 ,3 5 3 3 ,3 6 7 3 ,2 6 7 -1 4

MANUFACTURING....................... 1 8 ,2 6 8 18 , 1*16 18 , 1*1*3 1 7 ,3 9 6 -11*8 872 1 8 ,5 1 8 1 8 ,4 2 9 1 8 ,3 2 1 89Production uorkers................... 1 3 ,5 8 5 1 3 ,7 3 3 1 3 ,7 7 0 12,890 -1 48 695 1 3 ,8 1 7 1 3 ,7 4 1 1 3 ,6 4 7 76

D U R A B L E G O O D S ................................... 1 0 ,6 8 2 1 0 ,7 1 9 10,686 9 ,9 9 6 ' -3 7 686 1 0 ,7 90 10,706 1 0 ,6 1 5 84Production workers................... 7 ,9 3 3 7 ,9 7 5 7,949 7 ,3 7 9 -4 2 554 8,032 7 ,9 6 3 7 ,8 7 8 69

Ordnance and accessories.............. 2 5 0 .3 2 l*5A 21*6.1* 2 3 2 .4 4 .9 1 7 .9 249 243 244 6Lumber and wood products........... 5 9 2 .9 607.0 6l4.8 566.8 -14.1 26.1 628 621 613 7Furniture and fixture*................... 444.9 443.3 M*l.1* 415-6 1.6 29.3 450 442* 435 8Stone, clay, and fixes products . . a.3.9 623.1 631.4 589.7 -9.2 24.2 646 636 627 10Primary metal industries. .............. 1,270.0 1,261*.2 1,255.1 1,271.7 5.8 -1.7 1,280 1,274 1,269 6Fabricated metal products.............. 1,299.2 1,304.9 1,304.3 1,217-4 -5.7 81.8 1,312 1,301 1,294 11Machinery.................................. 1,776.3 1,765.9 1,749.4 1,660.1 10.4 116.2 1,780 1,771 1,768 9Electrical equipment..................... 1,786.8 1,786.3 1,762.4 1,597.4 .5 189.4 1,785 1,768 1,741 17Transportation equipment.............. 1,833.1 1,81*0.1 1,823.9 1,686.3 -7.0 146.8 1,815 1,806 1,790 $Instruments and related products . U00.9 399.7 397-2 372.7 1.2 28.2 403 398 394 5Miscellaneous manufacturing. . . . 1*11*. 0 439.0 459.7 385.5 -25.0 28.5 442 446 440 -4

N O N D U R A B L E G O O D S _______ 7,586 7,697 7,757 7,400 -111 186 7,728 7,723 7,706 5Production uorkers.................. 5,652 5,758 5,821 5,511 -106 l4 l 5,785 5,778 5,769 7

Food and kindred products........... 1,678.7 1,721.5 1,779.8 1,679.2 -42.8 - 5 1,753 1,745 1,761 8Tobacco manufactures ................... 82.6 87.1 86.7 86.5 -4.5 -3.9 84 83 81 1Textile mill products..................... 924.3 933.0 937.6 893.1 -8.7 31.2 936 936 933 .0Apparel and related products. . . . 1,336.2 1,371.7 1,380.5 1,309.0 -35.5 27.2 1,362 1,378 1,369 -16Paper and allied products............. 61,5.8 650.7 649.1 624.8 -4.9 21.0 652 650 646 2Printing and publishing............. . 988.7 999.1 995-4 958.6 -10.4 30.1 • 994 992 990 2Chemicals and allied products. . . 914.1 913.2 909.4 878.2 .9 35.9 923 919 914 4Petroleum and related products . . 173.4 174.8 176.6 175.6 -1.4 -2.2 177 178 178 -1Rubber and plastic products . . . . 484.0 484.9 482.6 445.5 -.9 38.5 485 483 477 2Leather and leather products. . . . 358.5 360.7 359-3 349-7 -2.2 8.8 362 359 357 3

TRANSPORTATION AND PUBLICUTILITIES................................ 4,023 4,087 4,091 3,863 -64 160 4,088 4,079 4,079 9

WHOLESALE AND RETAIL TRADE. 12,710 13,638 12,960 12,190 -928 520 12,902 12,822 12,754 80

W H O L E S A L E T R A D E ......................... 3,301 3,345 3,326 3,190 -44 111 3,321 3,309 3,300 12R E T A I L T R A D E ....................................... 9,409 10,293 9,634 9,000 -884 409 9,581 9,513 9,454 68

FINANCE, INSURANCE, ANDREAL ESTATE......................... 3,055 3,063 3,062 2,973 -8 82 3,086 3,081 3,074 5

SERVICE AND MISCELLANEOUS. . 8,961 9,045 9,054 8,557 -84 404 9,144 9,127 9,081 17

GOVERNMENT........... ............. 10,428 10,581 10,413 9,836 -153 592 10,391 10,330 10,269 61

F E D E R A L ..................................................... 2,393 2,543 2,402 2,323 -150 70 2,412 2,395 2,400 17S T A T E A N D L O C A L ............................ 8,035 8,038 8,011 7,513 -3 522 7,979 7,935 7,869 44

NOTE: Data for the 2 most recent months are preliminary.

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Table 6-2: A ve ra g e weekly hours of production workers on m anufacturing payrolls, l>y industry

from Seasonally adjusted

Industry Jan . Dec. Nov. Jan*ChBTl̂ E

Change1966 1965 1965 1965 Dec.

1965Jan .1965

Jan .1966

Dec.1965

Nov.1965

fromDec.1965

MANUFACTURING............................ 1*1 . 1 1*1.7 1*1 . 1* 4 0 .9 -0 .6 0 .2 1*1 .1* 4 1 .4 1*1 . 1* 03 .6 i* .o 3 .9 3 .3 - . 1* • 3 3 .9 3.8 3 .8 0 .1

DURABLE GOODS........................ k2 .1 1*2.6 4 2 .2 1*1 .8 - . 5 .3 1*2 . 1* 4 2 .2 1*2.2 .2Overtime b o m s . • k . l l*.l* 4 .3 3.6 - 3 .5 l*.l* 4 .1 l * . l • 3

NONDURABLE GOOOS............... 3 9 .7 1*0 . 1* 4 0 .3 3 9 .7 - . 7 0 1*0 .1 4 0 .2 1*0.3 - . 1Overtime boms................ .. 3 .0 3.1* 3.1* 2.8 - . 1* .2 3 .3 3 .4 3 .3 - . 1

Dmmble goodsOrdnance and accessories.............. 1*2.8 1*2.9 1*2 . 1* 4 1 .3 - . 1 1 .5 1*2.5 4 2 .4 1*2.2 .1Lumber and wood products.............. 1*0 . 1* 1*1 . 1 1*0 .8 4 0 .1 - . 7 .3 1*1 .0 4 1 .7 1*1.3 - 7Furniture and fixtures...................... 1*1 .2 1*2.5 1*2.0 40.9 - 1 . 3 .3 1*1.9 4 1 .7 1*1.7 .2Scone, clay, and glass products . . 1*1 .6 1*2 .*2 1*2.3 4 1 .0 - .6 .6 1*2.7 4 3 .0 1*2.2 - 3

1*1 .8 l* l .k 1*0 .7 4 2 .3 . 1* - . 5 1*1 .8 4 1 .2 1*1 . 1 .6Fabricated metal products.............. 1*2 .1 1*2 .6 1*2 . 1* 4 1 .7 — 5 . 1* 1*2.7 4 2 .3 1*2 . 1* . 1*Machinery......................................... 1*3.8 1*1*.2 1*3.1* 4 2 .9 - . 1* .9 1*1* .0 43*9 1*3.7 .1Electrical equipment . .................... 1*1.3 1*2.0 1*1.5 4 0 .8 - 7 .5 1*1.5 4 1 .5 1*1.3 0Transportation equipment.............. 1*3.3 1*1* . 1 1*3.9 43.2 - .8 .1 1*3.5 4 2 .9 1*3.1* .6Instruments and related products. . 1*1 .6 1*2.0 1*2.0 4 1 .0 - . 1* •6 1*1 .6 4 1 .7 1*1.7 . 1 -Miscellaneous manufacturing . . . .

Homdmdbkt goods3 9 .8 1*0 .6 1*0 . 1* 3 9 .5 - .8 .3 1*0 .2 4 0 .3 1*0 .2 - . 1

Food and kindred products............ 1*0 .8 1*1.3 1*1.3 4 0 .9 - . 5 - . 1 1*1.3 4 1 .1 1*1 . 1 .2Tobacco manufactures.................... 38.1* 3 9 .0 3 7 .9 3 7 .5 —.6 .9 39.1* 3 7 .7 38.O 1 .7Textile mill products...................... 1*1 .6 1*2.3 1*2.3 4 1 .4 - 7 .2 1*2.2 4 2 .0 1*1.9 .2Apparel and related products . . . . 3 5 .3 3 6 .1 36. 1* 3 5 .9 - .8 - .6 3 5 .9 3 6 .4 3 6 .5 - 5Paper and allied products . . . . . . 1*2.9 1*3.8 1 * 3 .^ 4 2 .7 - 9 .2 1*3-3 43.6 1*3.6 - . 3Printing and publishing................. 3 ^ 2 3 9 .2 3 8 .5 38.2 - 1 .0 0 38.6 38.8 38.6 - .2Chemicals and allied products . . . 1*1 .8 1*2 .1 1*2.0 4 1 .5 - 3 .3 1*2 .1 4 2 .0 1*2.0 .1Petroleum and related products. . . l * l 4 1*1.7 1*2.3 4 1 .3 0 .1* 1*1.9 4 2 .0 1*2.1* - . 1Rubber and plastic products. . . . . 1*2.3 1*2.8 1*2.4 4 1 .9 - . 5 .1* 1*2.6 4 2 .3 1*2.5 • 3Leather and leather products . . . . 18 . 1* 3 9 .3 38.2 3 0 .3 - 9 .1 ___ 37.8 3 8 .5 38.6 r i l ___

Data (jet the 3jpos< recent months are preliminary.

Table B-3: Average hourly and weekly earnings of production workers

on manufacturing payrolls, by industry

Industry

Average hourly earnings Average weekly earnings

Jan.1 9 6 6

Dec.1965

Ifev.1965

Jan.1965

Change from Jan.1 9 6 6

D ec.1965

Nov.1965

Jan.1965

Change from

• IT

n Jan.1 9 6 5

Dec.1 9 6 5

Jan.1 9 6 5

MANUFACTURING........... ......... $2 . 6 7 $2 . 6 6 $2.65 $2 . 5 8 $0.01 $0 . 0 9 110 9 .7 4 t l i o . 9 2 *10 9 .7 1 *10 5 .5 2 $-1 . 1 6 $ k . 2 2

D U R A BLE G O O D S............. 2 . 81* 2 . 81* 2 .8 3 2 .7 6 0 .08 1 1 9 .5 6 120 .9 8 1 1 9 .4 3 1 1 5 .3 7 - l . k 2 k . 1 9

3 . 1 8 3 . 1 9 3 .1 5 3 . 0 9 - .0 1 . 0 9 13 6 .10 13 6 .8 5 13 3 .5 6 1 2 7 .6 2 - 7 5 8 .k 8

Lumber and wood products. . . . . . 2 . 1 k 2 . 1 7 2 . 2 0 2.08 - .0 3 .06 8 6 . 4 6 8 9 .19 8 9.76 8 3 .4 1 - 2 . 7 3 3 . 0 5Furniture and fixtures. ................... 2 . 11* 2 .1 6 2 . 1 5 2 .0 7 - .0 2 . 0 7 8 8 .17 9 1.8 0 90.30 8 4 . 6 6 - 3 . 6 3 3 . 5 1Scone, clay, and glass products . . 2 . 6 7 2 . 6 7 2 .6 7 2 . 5 5 0 • 1 2 U l . 0 7 1 1 2 .6 7 1 12 .9 4 10 4 .5 5 -1 .6 0 6 .5 2Primary metal industries........... .. . 3 * 2 2 3 . 2 0 3 . 1 9 3 . 1 5 .02 . 0 7 134.60 132.48 129.83 133-25 2.12 1.35Fabricated metal products.............. 2.81 2.80 2.80 2.72 .01 .09 118.31 119.28 118.72 113.42 -.98 k.88Machinery........................................ 3.02 3.02 3.00 2.92 0 .10 132.S8 133-48 130.20 125.27 - 1 . 2 0 1 7 . 0 1

Electrical equipment . . . .............. 2.61 2.62 2.61 2.55 -.01 .06 107.79 110.04 108.32 104.04 -2.25 I1 3.75Transportation equipment . . . . . . 3.29 3.31 3.30 3.18 -.02 .11 142.46 145.97 144.87 137.38 -3.51 ; 5.08Instruments and related products. . 2.61* 2.65 2.61* 2.59 -.01 .05 109.82 IU .30 110.86 106.19 -l.k8 !1 3.63Miscellaneous manufacturing . . . . 2.18 2.16 2.1k 2.1k .02 .O k 86.76 87.70 86.46 84.53 -.9k ; 2.23

N O NDURABLE G O O O S. . ............ 2.1*0 2.1*0 2.39 2.33 0 .07 95.3B 96.96 96.32 92.50 -1.68 | 2.78

Food and kindred products. . . . . . 2.1*8 2.1*6 2.kk 2.k2 .02 .06 101.18 101.60 100.77 98.98 -.k2 : 2 . 2 0

Tobacco manufactures................... 2.1k 2.1k 2.12 2.0k 0 .10 82.18 83.46 80.35 76.50 -1.28 5 . 6 8

Textile mill products...................... 1.91 1.91 1.91 1.83 0 .08 79.46 80.79 80.79 75.76 -1.33 ; 3*70Apparel and related products . . . . 1.85 1.86 1.86 1.81 -.01 .O k 65.31 67.15 67.70 64.98 -1.8k ! .33Paper and allied products .............. 2.70 2.69 2.68 2.61 .01 .09 115.83 117.82 116.58 111.45 -1.99 *: k.38Printing and publishing. . .............. 3.68 3.12 3.09 3.00 - . O k .08 117*66 122.30 118.97 114.60 -k.6k 3.06Chemicals and allied product . . . 2.93 2.93 2.93 2.85 0 .08 122.47 123.35 123.06 118.28 -.88 k.19Petroleum and related products. . 3.35 3.36 3.38 3.2k -.01 .11 139.70 140.11 142.97 133.81 -.k l 5 . 8 9Rtjjtiber anjj-'j^•srJfc produces. ; . . 2.66 2.66 2.6k 2.59 0 .07 112.52 113.85 111.94 108.52 -1.33 k . 0 0

L e m ^ in d leather products . . . 1.90 1.91 1.90 1.86 -.01 .Ok 72.96 75.06 72.58 71.24 -2.10 1.72NOTH: Data for the 2 most recent months are preliminary.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis