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NEWS OFFICE OF INFORMATION. WASHINGTON. 0. C. 20210 U. S. DEPARTMENT OF LABOR USDL - 72-602 FOR RELEASE: Transmission Embargo Bureau of Labor Statistics 9:30 A M. (EDT) Friday. September 1. 1972 J. E. Bregger (202) 961-2633 K. D. Hoyle (202) 961-2913 home: 333-1384 THE EMPLOYMENT SITUATION: AUGUST 1972 Employment rose substantially in August while unemployment was basically unchanged, the U. S. Department of Labor' s Bureau of Labor Statistics reported today. The unemployment rate was 5. 6 percent in August, compared with 5. 5 percent in both June and July and about 6 percent a year ago. Total employment expanded 290, 000 to 82. 0 million between July and August, continuing the strong growth evident since mid-1971; over the past year, total employ - ment has increased by 2. 6 million. Nonfarm payroll employment also rose substantially in August. Unemployment The number of unemployed persons totaled 4. 9 million in August, down 300, 000 from July. This decline was about in line with the expected seasonal change; after adjustment for seasonality, the level of unemployment was essentially unchanged from July. The unemployment rate was 5. 6 percent in August, about the same as in June and July (5. 5 percent) but half a percentage point below a year ago. The unemployment rates for most of the major age-sex-color groups also showed little or no change for the second consecutive month. The rate for adult men (3. 9 percent) , adult women (5. 5 percent) , whites (5. 1 percent) , and Negroes (9. 7 percent) have been essentially unchanged since June. The unemployment rates for married men (2. 6 percent) and household heads (3. 3 percent) held steady over the month but were lower than in June and a year ago. In contrast, the jobless rate for teenagers rose from 14. 8 percent in July to 16. 9 percent in August; most of the increase was among 16 and 17 year-olds. Compared with a year ago, the jobless rate was down for all of the above groups with the exception of Negroes and teenagers, whose rates were about unchanged. The unemployment rates for workers in most occupational categories were also unchanged over the month; however, the jobless rate for nonfarm laborers, which was at a one-year low in June and July, rose to the May level of 10. 9 percent. Among the major industry groups, the unemployment rate for workers in the durable goods manu- facturing industries dropped from 5. 7 percent in July to 5. 0 percent in August, its Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Transcript
Page 1: bls_employnews_197208.pdf

NEWS OFFICE OF INFORMATION. WASHINGTON. 0. C. 20210U. S. D E P A R TM E N T OF LABOR

USDL - 72-602FOR RE LE A SE : Transm iss ion Em bargo

Bureau of Labor Statistics

9:30 A M. (ED T )Friday. September 1. 1972

J. E. B regger (202) 961-2633K. D. Hoyle (202) 961-2913

home: 333-1384

THE E M P L O Y M E N T S ITU ATIO N : AUGUST 1972

Employment rose substantially in August while unemployment was bas ica lly

unchanged, the U. S. Department of Labor' s Bureau of Labor Statistics reported

today. The unemployment rate was 5. 6 percent in August, compared with 5. 5 percent

in both June and July and about 6 percent a year ago.

Tota l employment expanded 290, 000 to 82. 0 m il l ion between July and August,

continuing the strong growth evident since m id - 1971; over the past year, total em p loy ­

ment has increased by 2. 6 m illion. Nonfarm payro ll employment a lso rose substantially

in August.

Unemployment

The number of unemployed persons totaled 4. 9 m il l ion in August, down 300, 000

from July. This decline was about in line with the expected seasonal change; a fter

adjustment for seasonality, the le v e l of unemployment was essen tia l ly unchanged

fr o m July.

The unemployment rate was 5. 6 percent in August, about the same as in June and

July (5. 5 percent) but half a percentage point below a year ago. The unemployment

rates fo r most of the m ajor a ge -s e x -co lo r groups also showed little or no change fo r

the second consecutive month. The rate for adult men (3. 9 percent) , adult women

(5. 5 percent) , whites (5. 1 percent) , and N egroes (9. 7 percent) have been essen tia lly

unchanged since June. The unemployment rates fo r m arr ied men (2. 6 percent) and

household heads (3. 3 percent) held steady over the month but w ere low er than in June

and a year ago. In contrast, the job less rate fo r teenagers rose from 14. 8 percent in

July to 1 6. 9 percent in August; most of the increase was among 16 and 17 yea r-o lds .

Compared with a year ago, the job less rate was down fo r a ll of the above groups with

the exception of Negroes and teenagers, whose rates w ere about unchanged.

The unemployment rates fo r w orkers in most occupational ca tegor ies w ere a lso

unchanged over the month; however, the job less rate fo r nonfarm laborers , which was

at a one-year low in June and July, rose to the May le v e l of 10. 9 percent. Among the

m ajor industry groups, the unemployment rate for w orkers in the durable goods manu­

facturing industries dropped fr o m 5. 7 percent in July to 5. 0 percent in August, its

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lowest point since May 1 970. Fob less rates for w orkers in the other industries w ere

about unchanged fro m Ju ly .

The rate for w orkers covered by State unemployment insurance program s moved

down from 3. 8 percent in July (as rev ised ) to 3. 4 percent in August, reaching its

lowest level since the beginning of the year.

The average (mean) duration of unemployment was 12. 1 weeks in August, little

d if ferent from the July leve l of 11.8 weeks but w ell below the unusually high June leve l

of 1 i. -3 weeks. The average duration was ncarh' half a week longer than last August.

Table A Highlights ot the employment situation (seasonally adjusted data/

Aug • J u l v Juno [ 2nd . 1st . 4 th 3rd j 2ndSelected cat ecu-1 it»s 1972 197? 1972 Qtr. ! f)tr . Qtr. Qtr. 1 Qtr.

_____ _______ ___ 1_ 19.72 L_19Z?__[_1971_ 1971 | 1971(Millions of persons)

Civilian labor force ! ............................... 86.9 86.5 36.4 86.4 85.9 85.0 84.2 83.7Total employment1.......................... 82.0 81.7 81.7 81.4 80.8 80.0 79.2 78.7

Adult m e n .................................... 47.1 47.0 46.9 46.7 46.4 46.1 45.9 45.7Adult women............................... 28.3 28.1 28.0 27.9 27.9 27.5 27.1 26.91 eonaqcrs...................................... 6 6 6.6 6.7 6.8 6.6 6.3 i 6 2 6.1

Unemployment................................. 4.9 4.8 4.7 5.0 I 5.0 5.0 II 5.0 5.0(Percent of labor force)

Unemployment iat'::;: irj

riI

All workers............................ i 5.6 , 5.5 I 5.5 5.7 ! 5.8 5.9 6.0 6.0Adult men........................................... 3.9 3.9 • 4.0 4.2 i 4.1 4.3 4.4 4.4Adult women...................................... 5.5 5.7 ! 5.5 5.6 ! 5.3 5.7 5.7 5.8Teenagers ........................................... 16.9 14.8 | 14.5 15.8 ! 18.2 16.9 16.8 16.9While .................................................. 5.1 5.0 i 5.0 5.3 5.3 5.4 5.5 5.5Neg»o and other races................... 9.7 9.9 j 9.4 9.9 10.6 10.1 10.1 9.9Household heads............................... 3.3 3.3 3.6 3.5 3.4 3.6 3.7 3.7Married m e n ...................................... 2.6 2.7 2.9 2.9 2.9 3.2 3.2 3.2Full-l:me workers............................. 5.1 5.1 5.0 5.3 5.4 5.6 5.5 5.5

3.4 3.8r 3.6 3.6 3.5 4.2 4.2 4.1(Weeks)

Average duration of i 1unemployment .................................... 12_*_1_ 11.8 1 13- 5 JI 12.8 12.2 11.9 11.7 11.7

(Millions ol persons)

Nonfarm payroll employment............ 72.9? 72.6? 72.6 1 72.5 71.8 71.0 70.6 70.7Goods producing industries .......... 22.8P 22.7? 22.8 22.8 22.6 22.4 22.4 22.5Service-producing industries.......... 50.1P 49.9P 49.8 j| 49.7 49.2 48.6 48.3 48.1

(Hours of work)

Average weekly hours:Total private nonfarm.................. 37.2P 37.2P 37.2 37.2 37.1 37.1 36.8 37.0Manufacturing............................... 40.7? 40.6P 40.6 40.6 40.3 40.1 39.8 39.9Manufacturing overtime................. 3.4P 3.4P 3.4 3.5 3.1 3.0 2.9 2.9

(1967 ooII

Hourly Earnings index, privatenonfat rn:

in current dollars ......................... 138.2P 137- 7p 136.9 136.8 134.9 132.2 130.7 128.8In constant dollars........................ NA 109.9' 109.7 109.8 108.9 107.7 107.2 106.7

1 Gallon labor force and total employment figures for periods 2 For calculation of this iate, see table A-3. footnote 2 .prior to Je'uiarv 1972 should be raised by about 300.000 :o be com- p-preliminary. r- revised,oarabic with subsequent data. See box above table A-1. SOURCfc Tables A-1, A-3, A-4, B-i. B-2. and B-4.

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C ivil ian L abor F o rce and Tota l Em ploym ent

A fter exhibiting little growth from March to July, the civ il ian labor fo rce rose

390, 000, seasonally adjusted, in August to 86. 9 m illion. The increase was about

equally distributed among adult women and teenagers. The total number employed

rose 290, 000 to 82. 0 m ill ion (seasonally adjusted) between July and August, following

no gain between June and July. V ir tua lly the entire increase in employment occurred

among adult women working part time.

Compared with August a year ago, total employment was up 2. 6 m illion (a fter

eliminating the effects o f the 1 970 Census population control adjustment introduced

in January 1972) . Adult men have accounted for 1. 1 m ill ion of this increase, adult

women for 1.0 million, and teenagers for 500, 000. The number o f whites with jobs

increased by 2. 4 m il l ion (3. 3 percent) . Over the same period, employment among

N egroes rose 200, 000 (2. 3 percent) . About 85 percent of the total o v e r - th e -y ea r

gain was among fu ll- t im e workers .

V ietnam E r a Veterans

The job situation for Vietnam Era veterans 20 to 2 9 years old was little changed

in August, with both the employment and unemployment leve ls remaining stable a fter

seasonal adjustment. The August unemployment rate was 7. 7 percent, seasonally

adjusted, compared with 7. 3 percent in July, but down from 9. 3 percent a year ago.

Over the year, the veteran labor force rose by 440, 000, in line with the net

increase in their population. A ll of the gain was in the number employed. Since

ea r ly this year, growth in the 20-29 year-o ld veteran population has slowed con­

siderably, re f lecting a decline in the number of young men being discharged from

m il i ta ry serv ice and an increase in the number of veterans reaching age 30.

The seasonally adjusted unemployment rate for nonveterans, at 6. 2 percent in

August, was also not m ater ia l ly d ifferent from July but, as with the rate for veterans,

was below its y ea r -ago rate (o f 8. 0 percent) .

Jndustry P a y r o i l E mployment

Nonagricultural payroll employment rose substantially in August, after showing

little change in the previous 2 months. A t 72. 9 million, seasonally adjusted, the

number of w orkers on nonfarm payrolls was up 280, 000 from July.

The July-to-August gain in payro ll jobs was about equally divided between the

goods-producing and the serv ice-producing industries. Compared with August a year

ago, nonfarm payro ll employment was up 2. 3 million, with the goods- and the s e r v ic e -

producing industries accounting for 500, 000 and 1. 8 m ill ion of the gain, respective ly .

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Among the goods-producing industries, the August employment gain was partly

a re f lect ion of reduced strike activ ity and of a resumption of m ore normal operations

in the areas a ffected by tropica l storm Agnes. Within the goods sector, the number

o f manufacturing jobs increased by 85, 000, seasonally adjusted. The increase

returned manufacturing employment to the June leve l of 1 9. 0 m il l ion and was about

even ly divided between the durable-goods and the nondurable-goods sectors. The

la rgest gains occurred in the machinery, apparel, and leather industries.

The number of w orkers on contract construction payro lls rose by 50, 000, season­

a lly adjusted, a fter posting a decline of 70, 000 in July. The August gain was attribut­

able to the return to payro lls of w orkers who had been on strike in the previous month.

In the serv ice-produc ing sector, employment continued to r ise, p r im a r i ly

re f lect ing sizeable employment gains in trade, serv ices , and State and local gove rn ­

ment.

Hours of Work

The average workweek of production or nonsupervisory w orkers on private non-

agricu ltura l payrolls remained at 37. 2 hours in August, on a seasonally adjusted basis.

A ve ra ge hours, which have held fa ir ly steady since late 1971, w ere 0. 3 hour above

last August. There w ere also essentia lly no changes in week ly hours in the m ajor

industry divisions. In manufacturing, the workweek stood at 40. 7 hours, little

d if ferent from the July leve l but 0. 9 hour above August 1971. A verage overtim e

in manufacturing was 3. 4 hours in August, the same leve l as in the previous 3 months.

Hour ly and Weekly Earn ings

A verage hourly earnings of rank-and-file workers on private nonagricultural

payro lls increased 2 cents to $3. 64 in August. On a seasonally adjusted basis,

earnings w ere up by 3 cents. Over the year, earnings have r isen 19 cents or

5. 5 percent.

The 2-cent increase in hourly earnings, coupled with a sm all r is e in weekly

hours (unadjusted) , ra ised average week ly earnings to $137. 23. This represented

an increase of $1. 12 from July, both before and after seasonal adjustment.

A verage week ly earnings have r isen $8. 20 or 6. 4 percent since last August.

During the latest 12-month period for which the Consumer P r ic e Index is a va i la b le - -

July 1971 to July 1 97 2 --consumer pr ices rose 3.0 percent.

The Bureau* s Hourly Earnings Index, seasonally adjusted, was 138. 2 (1967= 100)

in August, 0. 4 percent higher than in July, according to p re l im in ary figures. The

index was 5. 6 percent above August a year ago, the start of the stabilization program.

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(See table B-4. ) This compares with an increase of 6. 9 percent from August 1970 to

August 1971. A ll industries posted o v e r - th e -y ea r increases, ranging from 3. 5 percent

in se rv ices to 1 0. 6 percent in transportation and public utilities. During the f i r s t year

of the stabilization period, there was a marked decline in the rate of increase in the

Index in the construction, serv ice , and finance, insurance and rea l estate industries.

Only in transportation and public utilities was there an acce lera tion in the rate of

increase compared with the p r io r 12-month period.

Despite the low er rate of increase in the Index in current dollars, the increases

in wages substantially outweighed the r ise in consumer pr ices . During the 12-month

period ending in July, the Hourly Earnings Index in do llars of constant purchasing

power rose 2. 8 percent, compared with a 2. 5 percent increase fo r thp year ending

Ju ly 1971.

This release presents and analyzes statistics from two major surveys. Data on

labor force, total employment, and unemployment are derived from the sample sur­

vey of households conducted and tabulated by the Bureau of the Census for the

Bureau of Labor Statistics. Statistics on payroll employment, hours, and earnings

are collected by State agencies from payroll records of employers and are tabulated

by the Bureau of Labor Statistics. A description of the two surveys appears in the

BLS publication Employment and Earnings.

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NOTE: F igures fo r periods p rio r to January 1972 in the tables and charts are. not s tr ictly comparablewith current data because of the introduction of 1970 Census data into the estim ation procedures./ F or example, the c iv ilian labor fo rce and erroloyrrent totals were raised by m ore than 300, 000 as a resu lt of the census adjust ment. An explanation of the changes and an indication of ’.he d ifferences appear in "R ev is ion s in the Current Population Survey" in the February 972 issue of EmplgyiTient and Ea rnings.

Table A-l: Employment status of the noninstitutional population by sex and age

(In thousands)

Employment status, age, and sex A u g .1972

J u ly1972

A u g .1971

Seasonally adjusted

A u g .1972

J u ly1972

June1972

Hay1972

A p r .1972

Totol

Total labor force.................................. 9 0 ,7 5 8 9 1 ,0 0 5 8 8 ,4 5 3 8 9 ,2 5 6 8 8 ,8 5 5 8 8 ,7 8 8 8 8 ,9 0 5 8 8 ,7 4 7Civilian labor force .................................... 8 8 ,3 6 2 8 8 ,6 1 7 8 5 ,6 7 8 8 6 ,8 6 0 8 6 ,4 6 7 8 6 ,3 9 5 8 6 ,4 8 6 8 6 ,2 8 4

Employed..................... ........................... 8 3 ,5 0 5 8 3 ,4 4 3 8 0 ,6 1 8 8 1 ,9 7 3 8 1 ,6 8 2 8 1 ,6 6 7 8 1 ,3 9 4 8 1 ,2 0 5

Agriculture............................................. 4 ,0 3 1 4 ,0 6 1 3 ,7 6 4 3 ,6 2 5 3 ,4 4 5 3 ,3 3 7 3 ,3 5 3 3 ,3 2 4

Nonagricultural industries....................... 7 9 ,4 7 5 7 9 ,3 8 3 7 6 ,8 5 3 7 8 ,3 4 8 7 8 ,2 3 7 7 8 ,3 3 0 7 8 ,0 4 1 7 7 ,8 8 1On part time for economic reasons........... 3 ,1 1 / 3 ,1 7 4 3 ,0 1 4 2 ,4 8 8 2 ,5 0 9 2 ,5 2 1 2 ,4 2 1 2 ,5 5 8

Usually work full time......................... 1 ,1 9 0 1 ,0 3 4 1 ,2 6 2 1 ,0 8 2 1 ,0 8 5 1 ,0 2 2 1 ,10 2 1 ,13 1Usually work part time ....................... 1 ,9 2 7 2 ,1 4 0 1 ,7 5 2 1 ,4 0 6 1 ,4 2 4 1 ,4 9 9 1 ,3 1 9 1 ,42 7

Unemployed............................................... 4 ,8 5 7 5 ,1 7 3 5 ,0 6 1 4 ,8 8 7 4 ,7 8 5 4 ,7 2 8 5 ,0 9 2 5 ,0 7 9

Man, 20 years and over

Civilian labor force...................................... 4 9 ,3 8 8 4 9 ,4 2 2 4 8 ,4 5 4 4 8 ,9 5 4 4 8 ,9 6 1 4 8 ,8 8 2 4 8 ,7 0 0 4 8 ,6 1 4Employed................................................. 4 7 ,6 4 9 4 7 ,5 7 4 4 6 ,4 6 5 4 7 ,0 6 3 4 7 ,0 3 2 4 6 ,9 1 9 4 6 ,6 2 8 4 6 ,5 4 1Agriculture............................................. 2 ,6 4 7 2 ,6 6 0 2 ,5 5 6 2 ,5 5 0 2 ,4 7 4 2 ,4 3 7 2 ,4 0 4 2 ,3 7 0

Nonagricultural industries....................... 4 5 ,0 0 3 4 4 ,9 1 4 4 3 ,9 0 9 4 4 ,5 1 3 4 4 ,5 5 8 4 4 ,4 8 2 4 4 ,2 2 4 4 4 ,1 7 1

Unemployed............. ................................. 1 ,7 3 8 1 ,8 4 8 1 ,9 8 9 1 ,8 9 1 1 ,9 2 9 1 ,9 6 3 2 ,0 7 2 2 ,0 7 3

Civilian labor fo rce ................. . ................ 2 9 ,2 8 8 2 9 ,0 1 8 2 8 ,1 5 4 2 9 ,9 9 0 2 9 ,7 8 9 2 9 ,6 5 7 2 9 ,6 2 5 2 9 ,5 0 8Employed ................................................. 2 7 ,5 1 6 2 7 ,3 1 7 2 6 ,3 5 5 2 8 ,3 3 4 2 8 ,0 7 8 2 8 ,0 2 9 2 7 ,8 8 3 2 7 ,9 1 3

Agriculture............................................. 673 703 605 604 556 496 551 563Nonagricultural industries............... 2 6 ,8 4 3 2 6 ,6 1 4 2 5 ,7 5 0 2 7 ,7 3 0 2 7 ,5 2 2 2 7 ,5 3 3 2 7 ,3 3 2 2 7 ,3 5 0

Unemployed............................................... 1 ,7 7 2 1 ,7 0 1 1 ,8 0 0 1 ,6 5 6 1 ,7 1 1 1 ,6 2 8 1 ,7 4 2 1 ,5 9 5

Both sexes, 16-19 years

Civilian labor force...................................... 9 ,6 8 7 1 0 ,1 7 7 9 ,0 7 0 7 ,9 1 6 7 ,7 1 7 7 ,8 5 6 8 ,1 6 1 8 ,1 6 2Employed................................................. 8 ,3 4 0 8 ,5 5 3 7 ,7 9 8 6 ,5 7 6 6 ,5 7 2 6 ,7 1 9 6 ,8 8 3 6 ,7 5 1

Agriculture............................................. 711 698 604 471 415 404 398 391Nonagricultural industries....................... 7 ,6 2 9 7 ,8 5 5 7 ,1 9 4 6 ,1 0 5 6 ,1 5 7 6 ,3 1 5 6 ,4 8 5 6 ,3 6 0

Unemployed............................................... 1 ,3 4 7 1 ,6 2 4 1 ,2 7 2 1 ,3 4 0 1 ,1 4 5 1 ,1 3 7 1 ,2 7 8 1 ,4 1 1

Table A-2: Full- and part-time status of the civilian labor force by sex and age

(Numbers in thousands)

Full- and part-time employment status, sex,

and ageA u g .1972

A u g .1971

Seasonally adjusted

A u g .1972

J u ly1972

June1972

May1972

A p r .1972

A u g .1971

Full time

Total, 16 years and over:Civilian labor force.................................... 7 8 ,0 6 2 7 5 ,8 1 7 7 4 ,2 0 1 7 4 ,2 1 8 7 4 ,3 3 3 7 4 ,0 3 2 7 3 ,6 9 1 7 2 ,2 1 8

Employed............................................... 7 4 ,1 6 0 7 1 ,7 1 5 7 0 ,4 2 3 7 0 ,4 3 7 7 0 ,6 4 3 6 9 ,9 1 8 6 9 ,7 2 5 6 8 ,2 0 9Unemployed............................................. 3 ,9 0 2 4 ,1 0 2 3 ,7 7 8 3 ,7 8 1 3 ,6 9 0 4 ,1 1 4 3 ,9 6 6 4 ,0 0 9Unemployment rate.................................. 5 .0 5 .4 5 .1 5 .1 5 .0 5 .6 5 .4 5 .6

Men, 20 years and over:Civilian labor force.................................... 4 7 ,3 0 6 4 6 ,4 1 6 4 6 ,5 3 9 4 6 ,5 8 8 4 6 ,5 0 4 4 6 ,3 3 0 4 6 ,1 9 9 4 5 ,6 9 3

Employed............................................... 4 5 ,6 9 7 4 4 ,5 4 2 4 4 ,8 0 1 4 4 ,8 2 1 4 4 ,7 4 5 4 4 ,4 4 1 4 4 ,3 3 0 4 3 ,6 6 9Unemployed........................................... 1 ,6 0 9 1 ,8 7 4 1 ,7 3 8 1 ,7 6 7 1 ,7 5 9 1 ,8 8 9 1 ,8 6 9 2 ,0 2 4Unemployment rate.................................. 3 .4 4 .0 3 .7 3 .8 3 .8 4 .1 4 .0 4 .4

Vomen, 20 years snd over:Civilisn labor force.................................... 2 3 ,6 2 5 2 2 ,7 8 2 2 3 ,4 3 3 2 3 ,4 7 7 2 3 ,4 8 3 2 3 ,2 9 2 2 3 ,1 4 5 2 2 ,5 9 5

Employed............................................... 2 2 ,1 8 5 2 1 ,3 6 0 2 2 ,1 1 9 2 2 ,0 9 3 2 2 ,1 8 0 2 1 ,8 2 8 2 1 ,8 9 6 2 1 ,2 9 6Unemployed .......................................... 1 ,4 3 9 1 ,4 2 2 1 ,3 1 4 1 ,3 8 4 1 ,3 0 3 1 ,4 6 4 1 ,2 4 9 1 ,2 9 9Unemployment rate . ................................ 6 .1 6 .2 5 .6 5 .9 5 .5 6 .3 5 .4 5 .7

Part time

Total, 16 years and over:Civilian labor force.................................... 1 0 ,3 0 0 9 ,8 6 1 1 2 ,7 5 9 1 2 ,2 0 8 1 1 ,8 6 7 1 2 ,4 0 6 1 2 ,4 6 6 1 2 ,2 1 1

Employed............................................... 9 ,3 4 5 8 ,9 0 2 1 1 ,6 3 0 1 1 ,2 1 1 1 0 ,8 2 5 1 1 ,4 0 3 1 1 ,3 6 9 1 1 ,0 8 6Unemploy .d............................................. 955 959 1 ,1 2 9 997 1 ,0 4 2 1 ,0 0 3 1 ,0 9 7 1 ,1 2 5Unemployment rate.................................. 9 .3 9 .7 8 .8 8 .2 8 .8 8 .1 8 .8 9 .2

NOTE: Persona on part-time schedules for economic reasons arc included in the full-time employed category; unemployed persons are allocated by whether seeking full- or part-time work.

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Table A-3: Major unemployment indicators

(Persons 16 years and over)

Selected categories

Thousands o f persons unemployed

Seasonally adjusted rates o f unemployment

A u g .1972

A u g .1971

A u g .1972

July1972

June1972

May1972

A p r .1972

A u g .1971

Total (all civilian workers)........................................... 4 ,8 5 7 5 ,0 6 1 5 .6 5 .5 5 .5 5 .9 5 .9 6 .1

Men, 20 years and o v e r ........................................... 1 ,7 3 8 1 ,9 8 9 3 .9 3 .9 4 .0 4 .3 4 .3 4 .5

Women, 20 years and over....................................... 1 ,7 7 2 1 ,8 0 0 5 .5 5 .7 5 .5 5 .9 5 .4 5 .8

Both sexes, 16-19 years........................................... 1 ,3 4 7 1 ,2 7 2 1 6 .9 1 4 .8 1 4 .5 1 5 .7 1 7 .3 1 7 .1

White ....................................................................... 3 ,8 9 4 ' 4 ,1 0 4 5 .1 5 .0 5 .0 5 .3 5 .4 5 .6

Negro and other races............................................. 963 956 9 .7 9 .9 9 .4 1 0 .7 9 .6 9 .9

Household heads.......................................................... 1 ,5 6 7 1 ,7 5 4 3 .3 3 .3 3 .6 3 .6 3 .4 3 .8

Married men ................................................................ 945 1 ,1 6 2 2 .6 2 .7 2 .9 2 .9 2 .9 3 .2

Full-time w o rk ers ........................................................ 3 ,9 0 2 4 ,1 0 2 5 .1 5 .1 5 .0 5 .6 5 .4 5 .6

Part-time workers.......................................................... 955 959 8 .8 8 .2 8 .8 8 .1 8 .8 9 .2

Unemployed 15 weeks and over1................................. 988 1 ,0 7 4 1 .4 1 .3 1 .3 1 .4 1 .3 1 .5

State insured2 .......................................................... 1 ,8 0 5 1 ,9 8 5 3 .4 3 . 8 r 3 .6 3 .7 3 .6 4 .2

Labor force time lost3 .................................................. - - - - 6 .2 6 .0 5 .5 6 .3 6 .3 6 .5

Occupation4

White-collar w orkers .................................................... 1 ,5 0 7 1 ,4 8 7 3 .5 3 .4 3 .1 3 .6 3 .4 3 .5

Professional and technical....................................... 362 448 2 .4 2 .5 1 .9 2 .4 2 .3 3 .0Managers and administrators, except fa r m ........... 154 130 1 .8 1 .9 1 .4 1 .5 1 .8 1 .4Sales workers............................................................ 239 206 4 .8 4 .3 4 .0 4 .5 3 .7 4 .4

Clerical w o rk ers ................................................. .... 752 703 4 .9 4 .6 4 .8 5 .3 4 .9 4 .9Blue-collar w orkers ...................................................... 1 ,7 8 6 1 ,9 9 0 6 .5 6 .4 6 .4 6 .8 6 .8 7 .5

Craftsmen and kindred workers.............................. 403 463 4 .4 4 .3 4 .5 4 .7 4 .4 5 .3Operatives................................................................ 928 1 ,1 1 3 6 .7 7 .1 6 .8 7 .1 7 .4 8 .3Nonfarm laborers.................................................... 456 414 1 0 .9 9 .3 9 .5 1 0 .9 1 0 .7 1 0 .6

Service w orkers ............................................................ 746 755 6 .3 6 .6 5 .7 6 .1 6 .3 6 .5Farm w o rk ers .............................................................. 86 87 2 .7 2 .2 2 .6 3 .0 2 .2 2 .7

Industry4

Nonagricultural private wage and salary workers5 . . . 3 ,4 6 7 3 ,6 5 0 5 .8 5 .8 5 .5 6 .0 5 .9 6 .2

Construction............................................................ 371 301 1 1 .6 1 0 .9 9 .5 1 2 .5 1 0 .6 9 .9

Manufacturing.......................................................... 1 ,0 8 6 1 ,3 9 4 5 .4 5 .7 5 .6 6 .0 5 .8 6 .8

Durable goods...................................................... 610 853 5 .0 5 .7 5 .7 6 .3 5 .8 6 .9

Nondurable g o o d s ............................................. 476 541 6 .0 5 .6 5 .5 5 .7 5 .9 6 .8

Transportation and public u tilit ies ........................ 165 138 3 .8 3 .6 3 .1 3 .5 3 .7 3 .3

Wholesale and retail trade....................................... 983 884 6 .6 6 .5 6 .5 6 .3 6 .2 6 .3

Finance and service industries .............................. 844 907 4 .7 4 .6 4 .2 5 .0 5 .1 5 .3

Government workers................................................... 501 491 3 .0 2 .8 2 .5 2 .9 2 .9 3 .1

Agricultural wage and salary workers ........................ 90 109 6 .5 6 .0 7 .5 8 .8 6 .0 8 .8

1 Unemployment rate calculated as a percent o f civilian labor force.2 Insured unemployment under State programs—unemployment rate calculated as a percent o f average covered employment. As with the other statistics presented, insured unemployment data

relate to the week containing the T2th.3 Man-hours lost by the unemployed and persons on part time for economic reasons as a percent of potentially available labor force man-hours.

4 Unemployment by occupation includes all experienced unemployed persons, whereas that by industry covers only unemployed wage and salary workers.

5 Includes mining, not shown separately. r= revised.

Table A-4: Unemployed persons 16 years and over by duration of unemployment

(In thousands)

Duration o f unemployment A u g .1972

A u g .1971

Seasonally adjusted

A u g .1972

July1972

June1972

May1972

A p r .1972

A u g .1971

Less than 5 w eek s ..................... .............................. 2 ,2 2 9 2 ,2 9 4 2 ,2 5 4 2 ,1 4 9 2 ,1 7 5 2 ,2 2 3 2 ,1 6 9 2 ,3 2 0

5 to 14 w e e k s .................................. ........................... 1 ,6 4 0 1 ,6 9 3 1 ,50 5 1 ,4 7 8 1 ,4 3 7 1 ,5 1 4 1 ,5 2 1 1 ,5 5 3

15 weeks and o v e r ........................................................ 988 1 ,0 7 4 1 ,1 8 8 1 ,1 5 5 1 ,1 4 8 1 ,1 8 0 1 ,1 3 7 . 1 ,2 9 115 to 26 w eeks ........................................................ 453 527 644 658 594 587 482 73527 weeks and over................................................... 535 547 544 497 554 593 655 556

Average (mean) duration, in w eek s ............................ 1 1 .6 1 1 .2 1 2 .1 1 1 .8 . 1 3 .5 1 2 .5 1 2 .4 1 1 .6

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

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T a b le A - 5 : U n e m p lo y e d p e rso n s by re a so n fo r u n e m p lo y m e n t

(Numbers in thousands)

Reason for unemployment

Seasonally adjusted

A u g .1972

A u g .1971

A u g .1972

J u ly1972

June1972

May1972

A p r .1972

A u g .1971

Number of unemployed

Lost last jo b .......................................................... 2 ,0 0 6 2 ,1 9 9 2 ,2 4 4 2 ,0 9 3 2 ,2 1 0 2 ,1 9 9 2 ,0 4 0 2 ,4 6 0

Left last j o b .......................................................... 726 644 644 616 624 649 611 572

Reentered labor f o r c e .......................................... 1 ,3 9 6 1 ,4 7 5 1 ,4 2 7 1 ,4 5 5 1 ,2 3 8 1 ,4 6 0 1 ,5 5 7 1 ,5 0 9

Never worked b e fo re ............................................. 729 742 640 564 621 802 917 651

Percent distribution

Total unemployed.................................................. 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0

Lost last j o b ..................................................... 4 1 .3 4 3 .5 4 5 .3 4 4 .3 4 7 .1 4 3 .0 3 9 .8 4 7 .4

Left last j o b ..................................................... 1 4 .9 1 2 .7 1 3 .0 1 3 .0 1 3 .3 1 2 .7 1 1 .9 1 1 .0

Reentered labor force........................................ 2 8 .7 2 9 .2 2 8 .8 3 0 .8 2 6 .4 2 8 .6 3 0 .4 2 9 .1

Never worked before.......................................... 1 5 .0 1 4 .7 1 2 .9 1 1 .9 1 3 .2 1 5 .7 1 7 .9 1 2 .5

Unemployed as a percent of the civilian labor force

Lost last j o b .......................................................... 2 .3 2 .6 2 .6 2 .4 2 .6 2 .5 2 .4 2 .9

Left last j o b .......................................................... .8 .8 .7 .7 .7 .8 .7 .7

Reentered labor force..................... ....................... 1 .6 1 .7 1 .6 1 .7 1 .4 1 .7 1 .8 1 .8Never worked b e fo re ............................................. .8 .9 .7 .7 .7 .9 1 .1 .8

Table A-6 : U n em p lo y ed persons by age and sex

A g e and sex

Thousands o f persons Percen t look in g for

fu ll-tim e work

S ea son a lly ad ju sted unem ploym ent rates

A u g .1972

A u g .1971

A u g .1972

July1972

June1972

May1972

A p r .1972

A u g .1971

A u g . 1972

T o ta l, 16 yea rs and o v e r .................................. 4 ,8 5 7 5 ,0 6 1 8 0 .3 5 .6 5 .5 5 .5 5 .9 5 .9 6 .1

16 to 19 y e a r s ..................................................... 1 ,3 4 7 1 ,2 7 2 6 3 .3 1 6 .9 1 4 .8 1 4 .5 1 5 .7 1 7 .3 1 7 .116 and 17 y e a r s ........................................... 684 605 4 6 .8 2 0 .5 1 6 .5 1 6 .5 1 6 .6 1 9 .1 1 9 .518 and 19 y e a r s ........................................... 663 667 8 0 .4 1 4 .0 1 3 .5 1 2 .9 1 5 .8 1 5 .5 1 5 .0

20 to 24 y e a r s ..................................................... 1 ,1 2 1 1 ,1 7 1 8 8 .0 9 .0 9 .8 8 .7 9 .9 1 0 .0 1 0 .025 yea rs and o v e r ........................................... 2 ,3 8 9 2 ,6 1 8 8 6 .3 3 .6 3 .7 3 .9 3 .9 3 .8 4 .1

25 to 54 y e a r s .............................................. 1 ,9 1 5 2 ,1 6 2 8 8 .6 3 .7 3 .8 4 .0 4 .0 3 .8 4 .255 y ea rs and o v e r ........................................ 475 456 7 6 .8 3 .7 3 .4 3 .6 3 .6 3 .6 3 .5

M ales, 16 yea rs and o v e r .................................. 2 ,4 3 7 2 ,6 6 7 8 4 .2 4 .9 4 .7 4 .8 5 .3 5 .3 5 .5

16 Co 19 y e a r s ..................................................... 698 678 6 3 .6 1 6 .5 1 3 .6 1 3 .8 1 6 .6 1 6 .7 1 7 .216 and 17 y e a r s ........................................... 376 338 4 8 .9 2 0 .0 1 4 .6 1 5 .4 1 8 .0 1 9 .3 1 9 .418 and 19 y e a r s ........................................... 322 340 8 0 .7 1 3 .2 1 2 .8 1 2 .4 1 6 .2 1 4 .8 1 5 .0

20 to 24 y e a r s ..................................................... 545 628 8 8 .8 8 .5 9 .6 8 .3 9 .4 1 0 .7 1 0 .525 y ea rs and o v e r ........................................... 1 ,1 9 3 1 ,3 6 1 9 4 .4 3 .1 3 .0 3 .3 3 .4 3 .3 3 .6

25 to 54 y e a r s ............................................... 918 1 ,0 8 6 9 6 .7 3 .0 3 .0 3 .3 3 .4 3 .2 3 .655 y ea rs and o v e r ........................................ 275 275 8 6 .2 3 .4 3 .1 3 .5 3 .5 3 .5 3 .3

F em a les , 16 yea rs and o v e r ............................ 2 ,4 2 0 2 ,3 9 4 7 6 .4 6 .8 6 .9 6 .5 6 .8 6 .8 7 .0

16 to 19 y e a r s ..................................................... 648 594 6 3 .1 1 7 .5 1 6 .4 1 5 .4 1 4 .6 1 8 .0 1 6 .916 and 17 y e a r s ............................................ 308 267 4 4 .2 2 1 .3 1 8 .9 1 8 .1 1 4 .8 1 9 .0 1 9 .5

18 and 19 y e a r s ............................ ... . . . . 341 327 8 0 .1 1 4 .9 1 4 .4 1 3 .5 1 5 .3 i 6 . 4 1 5 .120 to 24 y e a r s ..................................................... 576 543 8 7 .3 9 .5 1 0 .1 9 .2 1 0 .6 9 .0 9 .425 yea rs and o v e r ........................................... 1 ,1 9 6 1 ,2 5 7 7 8 .3 4 .6 4 .8 4 .8 4 .8 4 .6 5 .0

25 to 54 y e a r s ............................................... 997 1 ,0 7 6 8 1 .1 4 .8 5 .1 5 .1 5 .0 4 .9 5 .455 y ea rs and o v e r ........................................ 199 182 6 3 .8 4 .3 4 .0 3 .8 3 .8 3 .6 3 .8

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

Page 9: bls_employnews_197208.pdf

Table A-7: Employment status of male Vietnam Era veterans and nonveterans 20 to 29 years old

(Numbers in thousands)

Seasonally adjusted

Employment statusAug.1972

July1972

Aug.1971

Aug.1972

July1972

June1972

May1972

April1972

Aug.1971

Veterans'

Total. 20 to 29 years old

Civilian noninstitutional population?............. 4 ,5 7 4 4 ,5 5 1 4 ,1 4 2 4 ,5 7 4 4 ,5 5 1 4 ,5 2 9 4 ,5 1 9 4 ,4 9 8 4 ,1 4 2

Civilian labor force .......... .................... 4 ,2 9 3 4 ,2 8 0 3 ,8 5 5 4 ,2 3 3 4 ,2 0 6 4 ,1 8 3 4 ,1 9 6 4 ,1 6 1 3 ,8 0 5Employed ............................................. 3 ,9 9 3 3 ,9 7 9 3 ,5 3 3 3 ,9 0 5 3 ,8 9 8 3 ,8 8 1 3 ,8 5 8 3 ,8 0 4 3 ,4 5 2Unemployed ........................................ 300 301 322 328 308 302 338 357 353Unemployment ra te .............................. 7 .0 7 .0 8 .4 7 .7 7 .3 7 .2 8 .1 8 .6 9 .3

20 to 24 years

Civilian noninstitutional population 2............. 1 ,9 1 3 1 ,9 2 8 1 ,9 7 1 1 ,9 1 3 1 ,9 2 8 1 ,9 4 3 1 ,9 7 0 1 ,9 8 7 1 ,9 7 1Civilian labor force ................................... 1 ,7 5 5 1 ,7 8 7 1 ,7 8 8 1 ,7 3 9 1 ,7 4 5 1 ,7 7 5 1 ,7 9 2 1 ,8 1 0 1 ,7 7 5

Employed ............................................. 1 ,5 7 3 1 ,5 9 6 1 ,5 9 0 1 ,5 2 1 1 ,5 5 9 1 ,6 0 0 1 ,6 0 8 1 ,5 8 1 1 ,5 3 8Unemployed ........................................ 182 191 198 218 186 175 184 229 237Unemployment ra te .............................. 1 0 .4 1 0 .7 1 1 .1 1 2 .5 1 0 .7 9 .9 1 0 .3 1 2 .7 1 3 .4

25 to 29 years

Civilian noninstitutional population2............. 2 ,6 6 1 2 ,6 2 3 2 ,1 7 1 2 ,6 6 1 2 ,6 2 3 2 ,5 8 6 2 ,5 4 9 2 ,5 1 1 2 ,1 7 1Civilian labor force ................................... 2 ,5 3 8 2 ,4 9 3 2 ,0 6 7 2 ,4 9 4 2 ,4 6 1 2 ,4 0 8 2 ,4 0 4 2 ,3 5 1 2 ,0 3 0

Employed ............................................. 2 ,4 2 0 2 ,3 8 3 1 ,9 4 3 2 ,3 8 4 2 ,3 3 9 2 ,2 8 1 2 ,2 5 0 2 ,2 2 3 1 ,9 1 4Unemployed ........................................ 118 110 124 110 122 127 154 128 116Unemployment ra te .............................. 4 .6 4 .4 6 .0 4 .4 5 .0 5 .3 6 .4 5 .4 5 .7

Nonveterans

Total, 20 to 29 years old

Civilian noninstitutional population 2............. 1 0 ,1 2 1 1 0 ,0 8 5 9 ,4 5 8 1 0 ,1 2 1 1 0 ,0 8 5 1 0 ,0 3 6 9 ,9 1 4 9 ,8 4 0 9 ,4 5 8Civilian labor force ................................... 9 ,1 8 6 9 ,2 3 6 8 ,5 6 9 8 ,7 2 9 8 ,7 1 5 8 ,6 7 7 8 ,5 5 5 8 ,5 2 7 8 ,1 7 4

Employed ............................................. 8 ,6 8 8 8 ,6 3 5 7 ,9 7 1 8 ,1 8 7 8 ,1 4 9 8 ,1 1 0 7 ,9 4 9 7 ,8 7 5 7 ,5 2 4Unemployed ........................................ 498 601 598 542 566 567 606 652 650Unemployment ra te .............................. 5 .4 6 .5 7 . O' 6 .2 6 .5 6 .5 7 .1 7 .6 8 .0

20 to 24 years

Civilian noninstitutional population 2............. 6 ,1 1 3 6 ,0 8 6 5 ,5 8 5 6 ,1 1 3 6 ,0 8 6 6 ,0 6 5 5 ,9 5 8 5 ,9 1 8 5 ,5 8 5Civilian labor force ................................... 5 ,3 6 6 5 ,4 2 0 4 ,8 7 8 4 ,9 2 3 4 ,9 0 9 4 ,9 0 4 4 ,8 0 8 4 ,8 1 3 4 ,4 9 4

Employed ............................................. 5 ,0 0 3 4 ,9 6 0 4 ,4 4 9 4 ,5 2 4 4 ,4 8 5 4 ,5 1 2 4 ,3 6 9 4 ,3 3 2 4 ,0 2 3Unemployed ........................................ 363 460 429 399 424 392 439 481 471Unemployment ra te .............................. 6 .8 8 .5 8 .8 8 .1 8 .6 8 .0 9 .1 1 0 .0 1 0 .5

25 to 29 years

Civilian noninstitutional population 2............. 4 ,0 0 8 3 ,9 9 9 3 ,8 7 3 4 ,0 0 8 3 ,9 9 9 3 ,9 7 1 3 ,9 5 6 3 ,9 2 2 3 ,8 7 3Civilian labor force ................................... 3 ,8 2 0 3 ,8 1 6 3 ,6 9 1 3 ,8 0 6 3 ,8 0 6 3 ,7 7 3 3 ,7 4 7 3 ,7 1 4 3 ,6 8 0

E m p lo yed ......................................{ . . 3 ,6 8 5 3 ,6 7 5 3 ,5 2 2 3 ,6 6 3 3 ,6 6 4 3 ,5 9 8 3 ,5 8 0 3 ,5 4 3 3 ,5 0 1

Unemployed ........................................ 135 141 169 143 142 175 167 171 179Unemployment ra te .............................. 3 .5 3 .7 4 .6 3 .8 3 .7 4 .6 4 .5 4 .6 4 .9

1 Vietnam Era veterans are those who served after August 4, 1964; they are all classified as war veterans. 79 percent of the Vietnam Era veterans o f all ages are 20 to 29 years old. Post-Korean- peacetime veterans 20 to 29 years old are not included in this table.

2 Since seasonal variations are not present .in the population figu res , identical numbers appear in the unadjusted and seasonally adjusted columns.

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

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T ab le B - l : Em ployees on nonag ricu ltu ra l p a y ro lls , by industry,

(In thousands)

IndustryA u g .1 9 7 2 p

J u ly1 9 7 2 p

J u n e1 9 7 2

A u g .1971

Change fromSeasonally adjusted

A u S v1 9 7 2 p

J u ly1 9 7 2 p

J u n e1 9 7 2

Change from

J u ly1 9 7 2

J u ly1 9 7 2

A u g .1971

T O T A L ............................................................. 7 2 ,8 3 1 7 2 , 4 0 7 7 3 , 3 4 5 7 0 ,5 4 2 4 2 4 2 , 2 8 9 7 2 , 871 7 2 ,5 9 2 7 2 ,6 3 0 2 7 9

G O O D S -P R O D U C IN G ........................... 2 3 ,3 0 1 2 2 , 7 8 7 2 3 , 160 2 2 , 785- 5 1 4 5 1 6 2 2 , 821 2 2 , 6 8 9 2 2 , 8 4 4 1 32

M IN IN G .....................................................' 6 1 0 6 1 3 6 1 2 6 2 5 - 3 - 1 5 5 9 5 5 9 7 598 - 2

CO N TRACT CON STRUCTIO N............ 3 , 5 1 7 3, 4 2 5 3, 4 0 6 3 , 509 9 2 8 3, 2 27 3 , 177 3 , 24 7 50

M AN UFACTURIN G................................ 1 9 ,1 7 4 1 8 ,7 4 9 1 9 ,1 4 2 1 8 ,6 5 1 4 2 5 5 2 3 1 8 ,9 9 9 1 8 ,9 1 5 1 8 ,9 9 9 8 4

Production workers.................... 1 4 , 0 2 4 13 , 6 1 6 1 4 , 0 0 6 1 3 ,5 2 4 4 08 5 0 0 1 3 ,8 9 2 13 , 8 1 8 1 3 ,8 8 6 7 4

DURABLE GOODS............................... 1 0 ,8 6 7 1 0 ,7 0 4 1 0 ,9 6 5 1 0 , 4 8 5 16 3 3 8 2 1 0 ,8 8 7 10 , 8 4 9 1 0 ,8 6 6 38Production workers.................... 7 , 8 8 8 7 , 7 2 7 7 , 9 8 8 7 , 5 1 4 161 3 7 4 7 ,9 2 9 7 ,8 8 6 7 ,8 9 9 43

Ordnance and accessories.............. 1 9 4 .5 1 9 1 . 1 1 8 9 . 5 1 8 9 .9 3 . 4 4 . 6 195 192 190 3

Lumber and wood products............. 6 3 5 .2 6 2 9 .8 6 2 8 .9 6 0 2 . 3 5 . 4 3 2 .9 6 1 5 6 1 2 6 08 3

Furniture and fix tu res ................... 4 9 9 .6 4 8 5 .8 4 9 1 .8 4 5 9 . 1 1 3 .8 4 0 . 5 4 9 6 4 9 5 491 1Stone, clay, and glass products . . 6 7 0 .8 6 6 6 . 7 6 6 9 . 5 6 4 3 .8 4 . 1 2 7 . 0 6 5 3 6 5 2 6 5 6 1Primary metal in du stries ............. 1 ,2 3 1 . 1 1 , 2 2 7 . 7 1, 2 4 3 . 1 1, 1 6 4 . 1 3 . 4 6 7 . 0 1, 22 3 1, 2 1 4 1 ,2 2 0 9

Fabricated metal products............. 1 , 3 7 6 . 5 1 , 3 5 9 . 6 1 , 3 8 8 . 0 1, 3 3 2 . 4 1 6 .9 4 4 . 1 1, 375 1, 37 6 1, 377 -1

Machinery, except electrical . . . . 1 , 8 3 8 . 7 1 , 8 2 9 . 5 1 , 8 4 8 . 2 1 , 7 6 7 . 6 9 . 2 7 1 . 1 1 ,8 4 6 1 ,8 2 8 1 ,8 3 2 18

Electrical equipment..................... 1 , 8 4 4 . 1 1 , 8 2 7 . 0 1 , 8 4 9 . 4 1 , 7 7 7 . 2 1 7 . 1 6 6 . 9 1 ,8 3 9 1 ,8 4 2 1 ,8 5 1 - 3

Transportation equipment.............. 1 , 6 8 5 . 1 1 , 6 2 2 . 0 1, 7 7 4 . 5 1 , 6 9 4 . 6 6 3 . 1 - 9 . 5 1, 76 8 1 ,7 6 4 1 ,7 6 2 4

Instruments and related products . 4 6 1 . 4 4 5 1 . 1 4 5 2 .9 4 3 2 . 4 1 0 . 3 2 9 . 0 4 5 9 4 5 2 4 5 2 7

Miscellaneous manufacturing. . . . 4 3 0 . 2 4 1 3 .8 4 2 9 .6 4 2 1 . 4 1 6 .4 8 . 8 4 1 8 4 2 2 427 - 4

NONDURABLE GOODS........................ 8 , 30 7 8 , 0 4 5 8 , 177 8 , 166 2 6 2 141 8 , 112 8 , 0 6 6 8 ,1 3 3 46

Production workers................. 6 , 136 5 ,8 8 9 6 , 018 6 , 0 1 0 2 47 126 5, 9 6 3 5, 9 3 2 5 , 9 8 7 31

Food and kindred products . . . * . 1 , 8 7 7 . 0 1 , 7 8 8 . 3 1 , 7 6 2 . 5 1 , 8 8 2 . 8 8 8 . 7 - 5 . 8 1, 7 4 3 1, 7 5 3 1 ,7 6 4 -1 0

Tobacco manufactures................... 7 8 . 0 6 4 .8 6 5 . 2 7 7 . 7 1 3 . 2 . 3 70 73 7 4 - 3

Textile mill products..................... 1 , 0 0 4 . 6 9 8 0 .6 1, 0 0 7 .0 9 6 4 . 7 2 4 . 0 3 9 .9 9 9 9 991 9 9 4 8

Apparel and other textile products 1 , 3 6 9 . 3 1, 2 9 5 . 5 1, 3 7 5 . 3 1 , 3 6 6 . 1 7 3 .8 3 . 2 1, 3 5 4 1, 3 4 0 1, 3 6 0 14

Paper and allied products............. 7 1 3 . 4 7 0 1 .4 7 1 0 .0 6 8 8 . 1 1 2 .0 2 5 . 3 7 0 6 6 9 9 7 0 2 7

Printing and publish ing................ 1, 0 9 2 . 5 1, 0 8 7 . 7 1 , 0 9 6 . 8 1 , 0 8 0 . 6 4 .8 1 1 .9 1, 091 1, 0 8 9 1, 0 9 6 2

Chemicals and allied products. . . 1 , 0 1 5 . 6 1, 0 0 8 . 1 1 , 0 1 3 . 7 1 , 0 1 5 . 4 7 . 5 . 2 1, 0 0 5 9 9 8 1, 0 0 7 7

' Petroleum and coal products . . . . ' 1 9 2 .6 1 9 2 . 5 1 9 2 .9 1 9 3 .2 . 1 - . 6 187 187 189 0

Rubber and plastics products, nec 6 3 8 .7 6 2 0 . 7 6 3 3 . 1 5 8 4 .5 1 8 .0 5 4 .2 6 3 6 6 2 8 631 8Leather and leather products . . . . 3 2 5 .5 3 0 5 . 0 3 2 0 .6 3 1 3 .2 2 0 . 5 1 2 . 3 321 3 0 8 3 16 13

S E R V IC E - P R O D U C IN G ........................ 4 9 ,5 3 0 4 9 ,6 2 0 5 0 ,1 8 5 4 7 ,7 5 7 - 9 0 1, 7 7 3 5 0 ,0 5 0 4 9 ,9 0 3 4 9 ,7 8 6 1 47

TRANSPORTATION AND P U B LICU T I L I T I E S ............................................ 4 , 5 8 3 4 , 5 7 9 4 , 589 4 , 4 8 6 4 97 4 , 5 2 4 4 , 5 2 0 4 , 5 3 9 4

W HOLESALE AND R E T A IL T R A D E. 1 5 , 701 1 5 , 6 9 0 1 5 , 771 1 5 ,1 5 1 11 5 5 0 1 5 , 7 7 5 1 5 ,7 1 6 15 , 7 1 2 59

WHOLESALE TRADE.......................... 4 , 0 1 5 4, 0 1 3 3 ,9 9 7 3 ,8 8 6 2 1 29 3, 971 3 ,9 6 9 3 , 9 7 3 2RETAIL TR A D E ................................. 1 1 ,6 8 6 1 1 ,6 7 7 1 1 ,7 7 4 1 1 ,2 6 5 9 4 21 1 1 ,8 0 4 1 1 ,7 4 7 1 1 ,7 3 9 57

FIN AN CE, INSURANCE, ANDR E A L E S T A T E ................................... 4 , 0 0 3 3 ,9 9 3 3 ,9 6 9 3 ,8 6 5 10 138 3 ,9 4 0 3 , 9 3 0 3 ,9 3 8 10

S E R V I C E S ............................................... 1 2 , 4 9 2 1 2 , 528 1 2 ,5 4 0 1 1 ,9 9 4 - 3 6 4 9 8 1 2 ,4 4 2 12 , 4 0 4 1 2 ,3 7 9 38

GOVERNM ENT ...................................... 1 2 , 751 1 2 ,8 3 0 1 3 , 31 6 1 2 ,2 6 1 - 7 9 4 9 0 1 3 ,3 6 9 1 3 ,3 3 3 13 , 2 1 8 36

FEDERAL ......................................... 2 , 6 4 5 2 , 6 5 0 2 , 6 5 9 2 , 6 9 0 - 5 - 4 5 2, 6 0 6 2 ,6 0 6 2 , 6 2 5 0

STATE AND LOCAL........................... 1 0 ,1 0 6 1 0 ,1 8 0 1 0 , 6 5 7 9 , 571 - 7 4 5 3 5 1 0 , 7 6 3 1 0 ,7 2 7 1 0 ,5 9 3 36

p = preliminary.

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

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T a b le B-2: A v e ra g e w e e k ly hours o f p rodu ction o r n o n su p e rv iso ry w o rk e rson p r iv a te n o n a g r ic u ltu ra l p a y r o lls , by in d u stry

Industry A u g .1 9 7 2 p

J « i y p1 9 7 2 p

J u n e1 9 7 2

A u g .1971

Change from Seasonally adjusted

A u g . p 1 9 7 2 p

M 7 p1 9 7 2 p

J u n e1 9 7 2

Change from

J u ly

_____1 9 7 2 _

J u ly19 7 2

A u g .1971

TOTAL PRIVATE................... 3 7 . 7 3 7 .6 3 7 . 4 3 7 . 4 0 . 1 0 . 3 3 7 . 2 3 7 . 2 3 7 . 2 0 . 0

M IN IN G ..................................................... 4 2 .7 4 2 .6 4 3 . 1 4 2 .3 . 1 . 4 4 2 . 4 4 2 . 2 4 2 .8 . 2

CON TRACT CONSTRUCTION............ 3 8 . 3 3 8 . 0 3 7 .6 3 8 . 3 . 3 0 3 7 . 1 3 7 . 0 3 6 .8 . 1

M ANUFACTURING................................ 4 0 . 7 4 0 . 4 4 0 .8 3 9 .8 . 3 . 9 4 0 . 7 4 0 .6 4 0 .6 . 1Overtim e h ou rs ............................. 3 . 5 3 . 3 3 . 5 3 . 0 . 2 . 5 3 . 4 3 . 4 3 . 4 0

DURABLE GOODS.............................. 4 1 . 2 4 0 . 9 4 1 .6 4 0 .0 . 3 1 . 2 4 1 . 2 4 1 . 2 4 1 . 4 0Overtim e hours .......................... 3 . 6 3 . 4 3 . 6 2 .8 . 2 . 8 3 .6 3 . 5 3 . 5 . 1

Ordnance and accessories............. 4 2 . 7 4 1 . 9 4 2 . 2 4 1 .7 . 8 1.0 4 2 .9 4 2 . 5 4 2 . 0 . 4Lumber and wood products........... 4 1 .8 4 1 . 0 4 1 .8 4 0 . 5 . 8 1 .3 4 1 . 5 4 1 . 1 4 1 . 3 . 4Furniture and fix tu res ................... 4 1 . 0 4 0 . 0 4 1 . 1 4 0 . 4 1.0 . 6 4 0 . 5 4 0 . 4 4 0 .9 . 1Stone, clay, and glass products . . 4 2 . 6 4 2 . 1 4 2 . 3 4 2 . 3 . 5 . 3 4 2 .1 4 1 .9 4 2 . 0 . 2Primary metal in du stries ............. 4 1 . 9 4 1 . 3 4 1 .8 3 8 .8 . 6 3 . 1 4 1 . 9 4 1 . 2 4 1 . 5 . 7Fabricated metal products............. 4 1 .3 4 0 .8 4 1 . 5 4 0 .3 . 5 1.0 4 1 . 2 4 1 . 2 4 1 . 2 0Machinery, except electrical . . . . 4 1 . 8 4 1 . 5 4 2 . 1 4 0 . 3 . 3 1 .5 4 2 . 3 4 2 .0 4 2 . 1 . 3Electrical equipment..................... 4 0 .6 3 9 .8 4 0 . 7 4 0 . 0 . 8 . 6 4 0 .6 4 0 . 3 4 0 . 5 . 3

Transportation equipment............. 4 0 . 6 4 1 . 4 4 2 . 1 3 9 .3 - . 8 1 .3 4 1 . 2 4 1 . 5 4 2 . 0 - . 3

Instruments and related products . 4 0 . 7 4 0 . 2 4 0 . 7 3 9 .6 . 5 1 .1 4 0 .9 4 0 . 5 4 0 .6 . 4

Miscellaneous manufacturing. . . . 3 9 .0 3 8 .6 3 9 .6 3 9 .2 . 4 - . 2 3 9 . 0 3 9 . 2 3 9 .5 - . 2

NONDURABLE GOODS........................ 3 9 .9 3 9 .8 3 9 .9 3 9 .5 #1 . 4 3 9 . 7 3 9 . 7 3 9 .8 03 . 3 3 . 3 3 . 4 3 . 2 * 0 3 . 2 3 . 3 3 . 4 - . 1

Food and kindred products........... 4 0 . 7 4 0 .9 4 0 . 7 4 0 .7 - . 2 0 4 0 . 1 4 0 . 5 4 0 .6 - . 4Tobacco manufactures................... 3 5 .8 3 4 . 3 3 4 .8 3 7 . 4 1 .5 - 1 . 6 ' 3 5 . 6 3 4 .6 3 4 . 3 1.0Textile mill products..................... 4 1 .3 4 0 .9 4 1 . 7 4 0 .8 . 4 . 5 4 1 . 2 4 1 . 1 4 1 . 5 . 1Apparel and other textile products 3 6 . 2 3 5 .9 3 6 .0 3 6 . 0 . 3 . 2 3 5 .9 3 5 .9 3 5 .9 0Paper and allied products............. 4 3 . 1 4 2 .9 4 3 . 0 4 2 . 5 . 2 . 6 4 3 . 0 4 2 .9 4 3 . 0 . 1Printing and publish ing................ 3 8 . 3 3 8 .0 3 7 .9 3 7 .7 . 3 . 6 3 8 . 1 3 8 .0 3 7 .9 . 1Chemicals and allied products . . . 4 1 . 6 4 1 .8 4 2 . 0 4 1 . 3 - . 2 . 3 4 1 .8 4 1 .9 4 2 . 0 - . 1Petroleum and coal products . . . . 4 1 . 7 4 2 . 2 4 2 . 4 4 2 .6 - . 5 - . 9 4 2 . 5 4 1 .8 4 2 . 1 . 7Rubber and plastics products, nec 4 1 . 4 4 0 .8 4 1 . 5 4 0 . 3 . 6 1. 1 4 1 . 2 4 1 . 0 4 1 . 5 . 2

Leather and leather products . . . . 3 9 . 2 3 8 .9 3 9 . 2 3 7 .6 . 3 1 .6 3 9 . 2 3 8 . 4 3 8 .6 . 8

TRANSPORTATION AND PU B LICU T IL IT IE S ............................................ 4 1 . 0 4 0 .9 4 0 .8 4 0 . 7 . 1 . 3 4 0 .8 4 0 . 5 4 0 .7 . 3

W HOLESALE AND R ET A IL T R A D E. 3 6 . 1 3 6 .0 3 5 .5 3 6 .0 . 1 . 1 3 5 . 2 3 5 .2 3 5 .3 0

WHOLESALE TRADE.......................... 3 9 .9 4 0 .0 4 0 . 0 3 9 .9 - . 1 0 3 9 .7 3 9 .7 3 9 .9 0

RETAIL TR A D E ................................. 3 4 .8 3 4 .8 3 4 . 1 3 4 .7 0 . 1 3 3 .7 3 3 .8 3 3 .8" - 1

FIN AN CE, INSURANCE, ANDR EA L E S T A T E ................................... . 3 7 . 2 3 7 . 4 3 7 . 2 3 7 .3 - . 2 3 7 . 2 3 7 . 4 3 7 .2 - . 2

S E R V IC E S ............................................... 3 4 .7 3 4 .8 3 4 . 2 3 4 .7 - . 1 0 3 4 .3 3 4 .4 3 4 . 1 - . 1

l Data relate to production workers in mining and manufacturing: to construction workers in contract construction: and to nonsupervisory workers in transportation and public utilities; wholesale and retail trade; finance, insurance, and real estate; and services. These groups account for approximately four-fifths of the total employment on private nonagricultural payrolls,

p = preliminary.

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T a b le B-3 : A v e ra g e h o urly an d w e e k ly e a rn in g s o f p rodu ction o r n o n s u p e rv is o ry w o rk e rs

on p r iva te n o n a g r ic u ltu ra l p a y ro lls , by in d u stry

Industry

Average hourly earnings Average weekly earnings

A u g . 1 972 P 1 9 7 2 p

J u n e1 9 7 2

A u g .

1971

Change fromA u g J u ly

19 7 2 pJ u n e19 7 2

A u g .

1971

Change fromJ u l y19 7 2

A u g .1971

1 9 7 2 pJ u ly1 9 7 2

A u g .1971

TOTAL PRIVATE................. $ 3 . 64 $ 3 . 6 2 M . 62 $ 3 . 4 5 $ 0 . 02 $ 0 . 19 $ 1 3 7 . 23 $ 1 3 6 .1 1 $ 1 3 5 . 39 $ 1 2 9 .0 3 $ 1 . 12 $ 8 . 2 0

Seasonally adjusted.............................. 3 . 65 3 . 62 3 . 62 3 .4 6 . 03 .1 9 1 3 5 .7 8 1 3 4 .6 6 1 3 4 .6 6 1 2 7 .6 7 1. 12 8 . 11

M IN IN G ........................ ..................... 4 . 36 4 . 34 4 . 33 4 . 10 . 02 . 26 1 8 6 .1 7 1 8 4 .8 8 1 8 6 .6 2 1 7 3 .4 3 1 .2 9 1 2 . 74

CO N TRACT CON STRUCTIO N ------- 6 . 06 5 . 9 9 5 .9 7 5 .7 5 . 07 . 31 2 3 2 .1 0 2 2 7 .6 2 2 2 4 .4 7 2 2 0 .2 3 4 . 4 8 1 1 . 87

M AN UFACTURIN G.............................. 3 .7 9 3 .7 9 3 . 79 3 . 56 0 . 2 3 1 5 4 .2 5 1 5 3 .1 2 1 5 4 .6 3 1 4 1 .6 9 1 . 13 12 . 56

DURABLE GOODS............................ 4 . 0 5 4 .0 2 4 . 04 3 .7 9 . 03 . 2 6 1 6 6 .8 6 1 6 4 .4 2 1 6 8 .0 6 1 5 1 .6 0 2 .4 4 1 5 .2 6

Ordnance and accessories............ 4 . 07 4 . 10 4 . 09 3 . 88 - . 0 3 . 19 1 7 3 .7 9 1 7 1 .7 9 1 7 2 .6 0 1 6 1 . 80 2 . 00 1 1 .9 9

Lumber and wood products........... 3 . 34 3 . 32 3 . 32 3 .1 9 . 02 . 15 1 3 9 .6 1 1 3 6 .1 2 1 3 .8 .7 8 1 2 9 .2 0 3 .4 9 1 0 .4 1

Furniture and fix tu res ................ 3 . 0 8 3 .0 4 3 .0 5 2 . 9 4 . 0 4 . 14 1 2 6 .2 8 1 2 1 .6 0 1 2 5 .3 6 1 1 8 .7 8 4 . 6 8 7 . 5 0

Stone, clay, and glass products . 3 .9 5 3 .9 3 3 .9 1 3 .7 3 . 02 . 2 2 1 6 8 .2 7 1 6 5 .4 5 1 6 5 .3 9 1 5 7 .7 8 2 . 82 1 0 .4 9

Primary metal in du stries ........... 4 . 71 4 . 6 5 4 . 63 4 . 29 . 0 6 .4 2 1 9 7 .3 5 1 9 2 .0 5 1 9 3 .5 3 1 6 6 .4 5 5 . 30 3Q . 9 0

3 . 9 8 3 . 9 8 3 . 9 8 3 . 75 0 . 2 3 1 6 4 .3 7 1 6 2 .3 8 1 6 5 .1 7 1 5 1 .1 3 1 .9 9 1 3 . 24

Machinery, except electrical . . . 4 . 26 4 . 24 4 . 26 4 . 0 2 .0 2 . 2 4 1 7 8 .0 7 1 7 5 .9 6 1 7 9 .3 5 1 6 2 .0 1 2 . 11 1 6 . 06

Electrical equipment................... 3 . 70 3 .6 7 3 . 67 3 .5 0 . 0 3 . 2 0 1 5 0 .2 2 1 4 6 .0 7 1 4 9 .3 7 1 4 0 .0 0 4 . 15 1 0 .2 2

Transportation equipment........... 4 . 73 4 . 66 4 . 73 4 . 37 . 07 . 36 1 9 2 .0 4 1 9 2 .9 2 1 9 9 .1 3 1 7 1 .7 4 - . 8 8 2 0 . 3 0

Instruments and related products 3 . 73 3 . 72 3 . 72 3 . 55 . 01 . 18 1 5 1 .8 1 1 4 9 .5 4 1 5 1 .4 0 1 4 0 .5 8 2 . 27 1 1 .2 3

Miscellaneous manufacturing . . . 3 . 11 3 .0 9 3 .0 9 2 .9 5 . 02 . 16 1 2 1 .2 9 1 1 9 .2 7 1 2 2 .3 6 1 1 5 .6 4 2 . 02 5 . 65

NONDURABLE GOODS....................... 3 . 4 6 3 . 4 8 3 .4 5 3 .2 7 - . 02 . 19 1 3 8 .0 5 1 3 8 .5 0 1 3 7 .6 6 1 2 9 .1 7 - . 4 5 8 . 88

Food and kindred products . . . . 3 . 5 2 3 . 5 8 3 . 5 8 3 . 34 - . 06 . 18 1 4 3 .2 6 1 4 6 .4 2 1 4 5 .7 1 1 3 5 .9 4 - 3 . 16 7 . 32

Tobacco manufactures................ 3 . 34 3 .5 6 3 .5 2 3 . 19 - . 2 2 . 15 1 1 9 .5 7 1 2 2 .1 1 1 2 2 .5 0 1 1 9 .3 1 - 2 . 6 9 . 26

Textile mill products................... 2 . 73 2 .7 1 2 . 72 2 . 57 .0 2 . 16 1 1 2 .7 5 1 1 0 .8 4 1 1 3 .4 2 1 0 4 .8 6 1 .9 1 7 . 89

Apparel and other textile products 2 . 61 2 . 5 8 2 . 6 0 2 . 5 0 . 03 . 11 9 4 .4 8 9 2 .6 2 9 3 .6 0 9 0 .0 0 1. 86 4 . 4 8

Paper and allied products........... 3 . 9 8 3 . 9 8 3 . 93 3 . 7 3 0 .2 5 1 7 1 .5 4 1 7 0 .7 4 1 6 8 .9 9 1 5 8 .5 3 . 80 1 3 . 01

Printing and publishing . . . . . . 4 . 4 9 4 . 4 9 4 . 4 6 4 . 23 0 . 2 6 1 7 1 . 9' 1 7 0 .6 2 1 6 9 .0 3 1 5 9 .4 7 1. 35 1 2 .5 0

Chemicals and allied products . . 4 . 21 4 . 2 2 4 . 20 3 .9 9 - . 0 1 .2 2 1 7 5 .1 4 1 7 6 .4 0 1 7 6 .4 0 1 6 4 .7 9 - 1 . 26 1 0 . 35

Petroleum and coal products . . . 4 . 9 9 4 . 9 7 4 . 95 4 . 59 .0 2 . 4 0 2 0 8 .0 8 2 0 9 .7 3 2 0 9 .8 8 1 9 5 .5 3 - 1 . 6 5 1 2 .5 5

Rubber and plastics products, ncc 3 . 63 3 .6 3 3 . 5 8 3 .4 5 0 . 1 8 1 5 0 .2 8 1 4 8 .1 0 1 4 8 .5 7 1 3 9 .0 4 2 . 18 1 1 .2 4

Leather and leather products. . . 2 . 71 2 . 6 8 2 . 7 0 2 . 5 9 . 03 . 12 1 0 6 .2 3 1 0 4 .2 5 1 0 5 .8 4 9 7 .3 8 1. 9 8 8 . 85

TRANSPORTATION AND P U B LICU T IL IT IE S ......................................... 4 . 7 0 4 . 6 5 4 . 5 9 4 . 2 5 . 05 . 4 5 1 9 2 .7 0 1 9 0 .1 9 1 8 7 .2 7 1 7 2 .9 8 2 .5 1 1 9 .7 2

W HOLESALE AND R E T A IL TRADE 3 .0 1 3 .0 1 3 .0 1 2 . 8 8 0 . 13 1 0 8 .6 6 1 0 8 .3 6 1 0 6 .8 6 1 0 3 .6 8 . 30 4 . 9 8

WHOLESALE TRADE........................ 3 . 88 3 . 8 8 3 . 85 3 .7 0 0 . 1 8 1 5 4 . 81 1 5 5 .2 0 1 5 4 .0 0 1 4 7 .6 3 - . 3 9 7 . 1 8RETAIL T R A D E ............................... 2 . 6 9 2 . 6 9 2 . 6 9 2 .5 7 0 . 12 9 3 .6 1 9 3 .6 1 9 1 .7 3 8 9 .1 8 0 4 . 4 3

FIN AN CE. INSURANCE. ANDR E A L E S T A T E ............ ............... 3 .4 3 3 .4 5 3 .4 3 3 . 30 - . 0 2 .1 3 1 2 7 .6 0 1 2 9 .0 3 1 2 7 .6 0 1 2 3 .0 9 - 1 . 4 3 4 .5 1

S E R V I C E S ............................................ 3 . 10 3 . 12 3 . 11 2 . 9 9 - . 0 2 .1 1 1 0 7 .5 7 1 0 8 .5 8 1 0 6 .3 6 1 0 3 .7 5 - 1 . 0 1 3 . 82

see footnote 1, table B-2. = preliminary. t

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Table B-4. Hourly Earnings Index for production or nonsupervisory workers in private nonfarm industries, seasonally adjusted

(1967-100)Percent change over month and year

Industry A u g .1972

J u l y F1972

June1972

May1972

Apr.- 1972

Mar.1972

A u g .1971

J u ly 1972- A u r . 1972

A u g . 1971- A u k . 1972

Total private nonfarm:

Current d o lla rs ......................................... 1 3 8 .2 1 3 7 .7 1 3 6 .9 1 3 6 .8 1 3 6 .6 1 3 5 .5 1 3 0 .9 .4 5 .6

Constant (1967) dollars .......................... N .A . 1 0 9 .9 1 0 9 .7 1 0 9 .7 1 0 9 .9 1 0 9 .2 1 0 7 .3 ( 1 ) ( 2 )

M ining............................................................. 1 3 7 .5 1 3 6 .6 1 3 6 .0 1 3 5 .0 1 3 5 .5 1 3 4 .6 1 2 9 .2 .7 6 .4

Contract construction................................... 1 4 7 .8 14 6 .1 1 4 6 .2 1 4 6 .4 1 4 5 .9 1 4 5 .0 1 4 0 .1 1 .2 5 .5

Manufacturing................................................ 1 3 6 .3 1 3 5 .6 1 3 5 .2 1 3 4 .8 1 3 4 .0 1 3 3 .4 1 2 8 .8 .5 5 .8

Transportation and public utilities............... 1 4 5 .0 1 4 3 .6 1 4 1 .7 14 2 .1 1 4 1 .8 1 4 0 .0 13 1 .1 1 .0 1 0 .6

Wholesale and retail t r a d e ............................ 1 3 5 .7 1 3 5 .3 1 3 4 .5 1 3 3 .8 1 3 4 .1 1 3 3 .0 12 9 .7 .2 4 .6

Finance, insurance, and real estate............... 1 3 3 .4 1 ^ 3 .6 1 3 3 .1 1 3 2 .5 1 3 3 .5 1 3 1 .0 1 2 8 .4 - . 2 3 .9

Services.......................................................... 135*7 1 3 5 .9 1 3 5 .8 1 3 6 .3 1 3 6 .7 1 3 5 .4 1 3 1 .0 - . 2 3 .5

1/ Percent change was 0.1 from June 1972 to Ju ly 1972, the la te s t month a v a ila b le .2/ Percent change was 2.8 from July 1971 to Ju ly 1972, the la te s t month a v a ila b le .NA indicates data are not ava ilab le.p*Preliminary.

NOTE: A ll series are in current dollars except where Indicated. The index excludes e ffe c ts o f two types o f changes that areunrelated to underlying wage-rate developments: Fluctuations in overtime premiums in manufacturing (the only sector fo r whichovertime data are ava ilab le) and the e ffe c ts o f changes in the proportion o f workers in high-wage and low-wage industries. The seasonal adjustment eliminates the e ffe c t o f changes that normally occur at the same time and in about the same magnitude each year.

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LABOR FORCE, EMPLOYMENT, UNEMPLOYMENTHOUSEHOLD DATA - SEASONALLY ADJUSTED

1 - LABOR FORCE AND EMPLOYMENT_______ CIV IL IA N LABOR FORCE.......... TOTAL EMPLOYMENT.......... NONAGRICULTURAL EMPLOYMENT

TMOUSANOS

1963 1964 l96b 1966 1967 1966 1969 1970 1971 1972

3. UNEMPLOYMENT_______ ALL CIV IL IA N WORKERS.......... FULL-TIME WORKERS.......... MARRIED MEN

THOUSANDS

2. TOTAL EMPLOYMENT_______ ADULT MEN______ ADULT WOMEN.......... TEENAGERS

THOUSANDS

1963 1964 1965 1966 1967 1968 1969 1970 1971 1972

4. UNEMPLOYMENTADULT MEN ADULT WOMEN TEENAGERS

50000

40000

30000

20000

10000

2250

2000

1750

1500

1250

1000

750

1963 1964 196b 1966 1967 1966 1969 1970 1971 1972 1963 1964 196J 1966 1967 I960 1969 1970 1971 19725 00

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UNEMPLOYMENT RATESHOUSEHOLD DATA - SEASONALLY ADJUSTED

5. UNEMPLOYMENT RATES 6. UNEMPLOYMENT RATES_______ ALL CIV IL IA N WORKERS______ STATE INSURED ■.......... MARRIED MEN

PERCENT

1963 19C4 1965 1966 1967 1966 1969 1970 1971 1972

_______ TEENAGERS______ ADULT WOMEN......... ADULT MEN

PERCENT

1963 1964 1965 1966 1967 1968 1969 1970 1871 1972

7. UNEMPLOYMENT RATES 8. UNEMPLOYMENT RATES

NEGRO AND OTHER RACES WHITE

1963 1964 l96b 1966 1967 1966 1969 1970 1971 1972

12.5

10. 0

7 . 5

5 . 0

2 . 5

PART-TIME WORKERS FULL-TIME WORKERS

1963 1964 196b 1966 1967 1966 1969 1970 1971 1972

10-0

7 . 5

5 . 0

2 . 5

0.0

* State insured unemployment rate pertains to the week including the 12th of the month and represents the insured unemployed under State programs as a percent of average covered employment. The figures are derived from administrative records of unemployment insurance systems.

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UNEMPLOYMENTHOUSEHOLD DATA - SEASONALLY ADJUSTED

9. UNEMPLOYMENT RATES 10- UNEMPLOYMENT RATESBLUE COLLAR WORKERS SERVICE WORKERS WHITE COLLAR WORKERS

PERCENT9 . 0

8.0

7 . 0

6. 0

5. 0

4: 0

3 . 0

2 . 0

1 .0

_______ CONSTRUCTION______ MANUFACTURING

1963 1964 1965 1966 1967 1468 1969 1970 1971 1472

17. 5

15. 0

12. 5

10.0

7 . 5

5 . 0

2 . 5

0.0

1 1 . AVERAGE DURATION OF UNEMPLOYMENT

1963 1964 1965 1966 1967 1968 1969 1970 1971 1972

17. 5

15. 0

12. 5

10.0

7 . 5

5 . 0

12. UNEMPLOYMENT BY REASON_______ JOB LOSERS______ REENTRANTS.......... NEW ENTRANTS_______ JOB LEAVERS

THOUSANDS

1967 1968 1969 1970 1971 1972

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13. EMPLOYMENT 14- MAN-HOURS

NONRGRI CULTURAL EMPLOYMENT AND HOURSESTABLISHMENT DATA - SEASONALLY ADJUSTED

_______ TOTAL NONAGRICULTURAL______ SERVICE-PRODUCING.......... 6Q0DS-PR0DUCING_______ MANUFACTURING

THOUSANDS

1963 1964 1965 1966 196*7 1966 1969 1910 1911 1919

TOTAL PRIVATE NONAGRICULTURAL PRIVATE SERVICE-PROOUCING GOODS-PROOUCING

_______ MANUFACTURING

1963 1964 1965 1966 1961 1968 1969 1910 1911 1919

2000

1750

1500

1250

1000

750

500

250

15. AVERAGE WEEKLY HOURS 16

_______ MANUFACTURING.......... TOTAL PRIVATE

HOURS

1963 1964 1965 1966 1961 1966 1969 1010 1 9 H 1919

AVERAGE WEEKLY OVERTIME HOURS IN MANUFACTURING

1963 1964 1965 1966 1961 1968 1969 1910 1911 1919

NOTE: Charts 14 and 15 relate to production or nonsupervisory workers; chart 16 relates to production workers. Data for the 2 most recent months are preliminary in charts 13-16.

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VETERANS AND NONVETERANS, 20-29 YEARS HOUSEHOLD DATA - SEASONALLY ADJUSTED

17 . C I VI L I AN l ABOR FORCL 18 . EMPLOYED

_______ VIETNAM ERA VETERANS______ NONVETERANS

THOUSANDS10000

7500

5000

2500

VIETNAM ERA VETERANS NONVETERANS

1969 1970 1971 1972

9000

8000

7000

6000

5000

4000

3000

2000

1000

19. UNEMPLOYED 20. UNEMPLOYMENT RATE

VIETNAM ERA VETERANS NONVETERANS

1969 1970 1971 1972

800

700

600

500

400

300

200

100

0

VIETNAM ERA VETERANS NONVETERANS

PERCENT

1969 1970 1971 1972

12. 5

10.0

7 . 5

5 . 0

2 . 5

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