Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Comparative indicators.


1. Labor market indicators

         Selected indicators                  2007        2008

           Employment data

Employment status of the civilian
  noninstitutional population
  (household survey): (1)
    Labor force participation rate            66.0        66.0
    Employment-population ratio               63.0        62.2
    Unemployment rate                          4.6         5.8
      Men                                      4.7         6.1
        16 to 24 years                        11.6        14.4
        25 years and older                     3.6         4.8
      Women                                    4.5         5.4
        16 to 24 years                         9.4        11.2
        25 years and older                     3.6         4.4

Employment, nonfarm (payroll
  data), in thousands: (1)
    Total nonfarm                          137,598     137,066
          Total private                    115,380     114,566
      Goods-producing                       22,233      21,419
        Manufacturing                       13,879      13,431
      Service-providing                    115,366     115,646

Average hours:
  Total private                               33.9        33.6
    Manufacturing                             41.2        40.8
      Overtime                                 4.2         3.7

Employment Cost Index (1, 2, 3)

Total compensation:
  Civilian nonfarm (4)                         3.3         2.6
    Private nonfarm                            3.0         2.4
      Goods-producing (5)                      2.4         2.4
      Service-providing (5)                    3.2         2.5
    State and local government                 4.1         3.0

Workers by bargaining status
  (private nonfarm):
    Union                                      2.0         2.8
    Nonunion                                   3.2         2.4

         Selected indicators                         2007
                                                II         III
           Employment data

Employment status of the civilian
  noninstitutional population
  (household survey): (1)
    Labor force participation rate            66.0        65.9
    Employment-population ratio               63.0        62.9
    Unemployment rate                          4.5         4.7
      Men                                      4.6         4.8
        16 to 24 years                        11.5        11.8
        25 years and older                     3.5         3.6
      Women                                    4.4         4.6
        16 to 24 years                         9.0         9.7
        25 years and older                     3.6         3.7

Employment, nonfarm (payroll
  data), in thousands: (1)
    Total nonfarm                          137,645     137,652
          Total private                    115,400     115,389
      Goods-producing                       22,289      22,099
        Manufacturing                       13,889      13,796
      Service-providing                    115,356     115,553

Average hours:
  Total private                               33.9        33.8
    Manufacturing                             41.3        41.3
      Overtime                                 4.3         4.1

Employment Cost Index (1, 2, 3)

Total compensation:
  Civilian nonfarm (4)                          .8         1.0
    Private nonfarm                             .9          .8
      Goods-producing (5)                      1.0          .5
      Service-providing (5)                     .9          .9
    State and local government                  .6         1.8

Workers by bargaining status
  (private nonfarm):
    Union                                      1.2          .5
    Nonunion                                    .9          .8

         Selected indicators                  2007        2008
                                                IV           I
           Employment data

Employment status of the civilian
  noninstitutional population
  (household survey): (1)
    Labor force participation rate            66.0        66.0
    Employment-population ratio               62.8        62.8
    Unemployment rate                          4.8         4.9
      Men                                      4.9         5.1
        16 to 24 years                        12.1        12.7
        25 years and older                     3.7         3.9
      Women                                    4.7         4.8
        16 to 24 years                         9.9        10.1
        25 years and older                     3.8         3.9

Employment, nonfarm (payroll
  data), in thousands: (1)
    Total nonfarm                          138,152     137,814
          Total private                    115,783     115,373
      Goods-producing                       22,043      21,800
        Manufacturing                       13,777      13,643
      Service-providing                    116,109     116,014

Average hours:
  Total private                               33.8        33.8
    Manufacturing                             41.2        41.2
      Overtime                                 4.1         4.0

Employment Cost Index (1, 2, 3)

Total compensation:
  Civilian nonfarm (4)                          .6          .8
    Private nonfarm                             .6          .9
      Goods-producing (5)                       .6         1.0
      Service-providing (5)                     .6          .9
    State and local government                  .7          .5

Workers by bargaining status
  (private nonfarm):
    Union                                       .7          .8
    Nonunion                                    .6          .9

         Selected indicators                         2008
                                                II         III
           Employment data

Employment status of the civilian
  noninstitutional population
  (household survey): (1)
    Labor force participation rate            66.1        66.1
    Employment-population ratio               62.5        62.1
    Unemployment rate                          5.4         6.0
      Men                                      5.6         6.5
        16 to 24 years                        13.5        14.9
        25 years and older                     4.2         5.1
      Women                                    5.1         5.6
        16 to 24 years                        11.1        11.9
        25 years and older                     4.1         4.5

Employment, nonfarm (payroll
  data), in thousands: (1)
    Total nonfarm                          137,356     136,732
          Total private                    114,834     114,197
      Goods-producing                       21,507      21,247
        Manufacturing                       13,505      13,322
      Service-providing                    115,849     115,485

Average hours:
  Total private                               33.6        33.6
    Manufacturing                             40.9        40.5
      Overtime                                 3.8         3.5

Employment Cost Index (1, 2, 3)

Total compensation:
  Civilian nonfarm (4)                          .7          .8
    Private nonfarm                             .7          .6
      Goods-producing (5)                       .7          .4
      Service-providing (5)                     .7          .6
    State and local government                  .5         1.7

Workers by bargaining status
  (private nonfarm):
    Union                                       .8          .7
    Nonunion                                    .7          .6

         Selected indicators                  2008        2009
                                                IV           I
           Employment data

Employment status of the civilian
  noninstitutional population
  (household survey): (1)
    Labor force participation rate            65.9        65.6
    Employment-population ratio               61.3        60.3
    Unemployment rate                          6.9         8.1
      Men                                      7.5         8.8
        16 to 24 years                        16.5        18.0
        25 years and older                     6.0         7.4
      Women                                    6.1         7.2
        16 to 24 years                        11.6        12.9
        25 years and older                     5.2         6.2

Employment, nonfarm (payroll
  data), in thousands: (1)
    Total nonfarm                          135,074     133,000
          Total private                    112,542     110,457
      Goods-producing                       20,532      19,520
        Manufacturing                       12,902      12,296
      Service-providing                    114,542     113,480

Average hours:
  Total private                               33.3        33.1
    Manufacturing                             39.9        39.4
      Overtime                                 2.9         2.6

Employment Cost Index (1, 2, 3)

Total compensation:
  Civilian nonfarm (4)                          .3          .4
    Private nonfarm                             .2          .4
      Goods-producing (5)                       .3          .4
      Service-providing (5)                     .3          .4
    State and local government                  .3          .6

Workers by bargaining status
  (private nonfarm):
    Union                                       .6         1.0
    Nonunion                                    .2          .3

         Selected indicators                  2009
                                                II
           Employment data

Employment status of the civilian
  noninstitutional population
  (household survey): (1)
    Labor force participation rate            65.8
    Employment-population ratio               59.7
    Unemployment rate                          9.2
      Men                                     10.4
        16 to 24 years                        20.0
        25 years and older                     8.8
      Women                                    8.0
        16 to 24 years                        14.4
        25 years and older                     6.9

Employment, nonfarm (payroll
  data), in thousands: (1)
    Total nonfarm                          131,692
          Total private                    109,138
      Goods-producing                       18,815
        Manufacturing                       11,854
      Service-providing                    112,877

Average hours:
  Total private                               33.0
    Manufacturing                             39.5
      Overtime                                 2.8

Employment Cost Index (1, 2, 3)

Total compensation:
  Civilian nonfarm (4)                          .4
    Private nonfarm                             .3
      Goods-producing (5)                       .3
      Service-providing (5)                     .3
    State and local government                  .5

Workers by bargaining status
  (private nonfarm):
    Union                                       .6
    Nonunion                                    .2

(1) Quarterly data seasonally adjusted.

(2) Annual changes are December-to-December changes. Quarterly changes
are calculated using the last month of each quarter.

(3) The Employment Cost Index data reflect the conversion to the 2002
North American Classification System (NAICS) and the 2000 Standard
Occupational Classification (SOC) system. The NAICS and SOC data shown
prior to 2006 are for informational purposes only. Series based on
NAICS and SOC became the official BLS estimates starting in March 2006.

(4) Excludes Federal and private household workers.

(5) Goods-producing industries include mining, construction, and
manufacturing. Service-providing industries include all other private
sector industries.

NOTE: Beginning in January 2003, household survey data reflect revised
population controls. Nonfarm data reflect the conversion to the 2002
version of the North American Industry Classification System (NAICS),
replacing the Standard Industrial Classification (SIC) system. NAICS-
based data by industry are not comparable with SIC based data.

2. Annual and quarterly percent changes in compensation, prices, and
productivity

           Selected measures                 2007     2008     2007

                                                                 II
      Compensation data (1, 2, 3)

Employment Cost Index--compensation:
  Civilian nonfarm                            3.3      2.6      0.8
    Private nonfarm                           3.0      2.4       .9
Employment Cost Index-wages
and salaries:
  Civilian nonfarm                            3.4      2.7       .7
    Private nonfarm                           3.3      2.6       .8

             Price data (1)

Consumer Price Index (All Urban
  Consumers): All Items                       2.8      3.8      1.5

Producer Price Index:
  Finished goods                              3.9      6.3      1.9
    Finished consumer goods                   4.5      7.4      2.5
    Capital equipment                         1.8      2.8      -.1
  Intermediate materials, supplies,
    and components                            4.1     10.5      3.2
  Crude materials                            12.1     21.5      3.8

          Productivity data (4)

  Output per hour of all persons:
    Business sector                           1.8      1.9      3.5
    Nonfarm business sector                   1.8      1.8      2.8
    Nonfinancial corporations (5)             1.0      1.9      2.8

           Selected measures                       2007        2008

                                              III       IV        I
      Compensation data (1, 2, 3)

Employment Cost Index--compensation:
  Civilian nonfarm                            1.0      0.6      0.8
    Private nonfarm                            .8       .6       .9
Employment Cost Index-wages
and salaries:
  Civilian nonfarm                            1.0       .7       .8
    Private nonfarm                            .9       .6       .9

             Price data (1)

Consumer Price Index (All Urban
  Consumers): All Items                        .1       .7      1.7

Producer Price Index:
  Finished goods                               .1      1.8      2.8
    Finished consumer goods                    .2      1.9      3.4
    Capital equipment                         -.1      1.2       .7
  Intermediate materials, supplies,
    and components                             .1      2.0      5.0
  Crude materials                            -2.4     11.9     14.5

          Productivity data (4)

  Output per hour of all persons:
    Business sector                           5.5      1.6       .2
    Nonfarm business sector                   5.5      2.0      -.1
    Nonfinancial corporations (5)            -1.1      5.3     -2.7

           Selected measures                          2008

                                               II      III       IV
      Compensation data (1, 2, 3)

Employment Cost Index--compensation:
  Civilian nonfarm                            0.7      0.8      0.3
    Private nonfarm                            .7       .6       .2
Employment Cost Index-wages
and salaries:
  Civilian nonfarm                             .7       .8       .3
    Private nonfarm                            .7       .6       .3

             Price data (1)

Consumer Price Index (All Urban
  Consumers): All Items                       2.5        0     -3.9

Producer Price Index:
  Finished goods                              4.2      -.1     -7.4
    Finished consumer goods                   5.2      -.4    -10.0
    Capital equipment                          .6      1.0      1.9
  Intermediate materials, supplies,
    and components                            6.9       .7    -13.6
  Crude materials                            14.9    -15.6    -32.1

          Productivity data (4)

  Output per hour of all persons:
    Business sector                           3.1       .3       .8
    Nonfarm business sector                   3.1      -.1       .8
    Nonfinancial corporations (5)             6.9      3.2     -1.4

           Selected measures                       2009

                                                I       II
      Compensation data (1, 2, 3)

Employment Cost Index--compensation:
  Civilian nonfarm                            0.4      0.4
    Private nonfarm                            .4       .3
Employment Cost Index-wages
and salaries:
  Civilian nonfarm                             .4       .4
    Private nonfarm                            .4       .3

             Price data (1)

Consumer Price Index (All Urban
  Consumers): All Items                       1.2      1.4

Producer Price Index:
  Finished goods                               .1      3.1
    Finished consumer goods                    .1      4.3
    Capital equipment                         -.1       .0
  Intermediate materials, supplies,
    and components                           -2.0      2.7
  Crude materials                            -7.4     13.1

          Productivity data (4)

  Output per hour of all persons:
    Business sector                            .2      6.3
    Nonfarm business sector                    .3      6.4
    Nonfinancial corporations (5)            -6.0        -

(1) Annual changes are December-to-December changes. Quarterly changes
are calculated using the last month of each quarter. Compensation and
price data are not seasonally adjusted, and the price data are not
compounded.

(2) Excludes Federal and private household workers.

(3) The Employment Cost Index data reflect the conversion to the 2002
North American Classification System (NAICS) and the 2000 Standard
Occupational Classification (SOC) system. The NAICS and SOC data shown
prior to 2006 are for informational purposes only. Series based on
NAICS and SOC became the official BLS estimates starting in March
2006.

(4) Annual rates of change are computed by comparing annual averages.
Quarterly percent changes reflect annual rates of change in quarterly
indexes. The data are seasonally adjusted.

(5) Output per hour of all employees.

3. Alternative measures of wage and compensation changes

                                               Quarterly change
Components                                          2008
                                           II       III        IV

Average hourly compensation: (1)
  All persons, business sector            1.6       4.5       2.6
  All persons, nonfarm business
    sector                                1.3       4.5       2.9

Employment Cost Index--
compensation: (2)

  Civilian nonfarm (3)                     .7        .8        .3
    Private nonfarm                        .7        .6        .2
      Union                                .8        .7        .6
      Nonunion                             .7        .6        .2
    State and local government             .5       1.7        .3

Employment Cost Index--wages
and salaries: (2)

  Civilian nonfarm (3)                     .7        .8        .3
    Private nonfarm                        .7        .6        .3
      Union                               1.1        .7        .7
      Nonunion                             .7        .6        .2
    State and local government             .5       1.8        .3

                                         Quarterly change
Components                                     2009
                                            I        II

Average hourly compensation: (1)
  All persons, business sector           -2.5       0.1
  All persons, nonfarm business
    sector                               -2.4        .2

Employment Cost Index--
compensation: (2)

  Civilian nonfarm (3)                     .4        .4
    Private nonfarm                        .4        .3
      Union                               1.0        .6
      Nonunion                             .3        .2
    State and local government             .6        .5

Employment Cost Index--wages
and salaries: (2)

  Civilian nonfarm (3)                     .4        .4
    Private nonfarm                        .4        .3
      Union                                .6        .7
      Nonunion                             .4        .2
    State and local government             .5        .5

                                           Four quarters ending--
Components                                          2008
                                           II       III        IV

Average hourly compensation: (1)
  All persons, business sector            2.6       2.9       2.5
  All persons, nonfarm business
    sector                                2.7       3.1       2.6

Employment Cost Index--
compensation: (2)

  Civilian nonfarm (3)                    3.1       2.9       2.6
    Private nonfarm                       3.0       2.8       2.4
      Union                               2.7       2.9       2.8
      Nonunion                            3.0       2.8       2.4
    State and local government            3.5       3.4       3.0

Employment Cost Index--wages
and salaries: (2)

  Civilian nonfarm (3)                    3.2       3.1       2.7
    Private nonfarm                       3.1       2.9       2.6
      Union                               2.9       2.9       3.2
      Nonunion                            3.2       3.0       2.5
    State and local government            3.4       3.5       3.1

                                       Four quarters ending--
Components                                     2009
                                            I        II

Average hourly compensation: (1)
  All persons, business sector            1.5       1.1
  All persons, nonfarm business
    sector                                1.5       1.3

Employment Cost Index--
compensation: (2)

  Civilian nonfarm (3)                    2.1       1.8
    Private nonfarm                       1.9       1.5
      Union                               3.0       2.9
      Nonunion                            1.8       1.2
    State and local government            3.1       3.2

Employment Cost Index--wages
and salaries: (2)

  Civilian nonfarm (3)                    2.2       1.8
    Private nonfarm                       2.0       1.6
      Union                               3.1       2.7
      Nonunion                            1.9       1.4
    State and local government            3.0       3.0

(1) Seasonally adjusted. "Quarterly average" is percent change from a
quarter ago, at an annual rate.

(2) The Employment Cost Index data reflect the conversion to the
2002 North American Classification System (NAICS) and the 2000
Standard Occupational Classification (SOC) system. The NAICS and SOC
data shown prior to 2006 are for informational purposes only. Series
based on NAICS and SOC became the official BLS estimates starting in
March 2006.

(3) Excludes Federal and private household workers.
COPYRIGHT 2009 U.S. Bureau of Labor Statistics
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Current Labor Statistics
Publication:Monthly Labor Review
Article Type:Statistical data
Geographic Code:1USA
Date:Oct 1, 2009
Words:2324
Previous Article:Notes on current labor statistics.
Next Article:Labor compensation and collective bargaining data.
Topics:

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles