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The August Review.

This month's issue leads with a discussion of the emergence of cable and other pay television industries. In "Job growth in television: cable versus broadcast, 1958-99," Dominic Toto traces the history of the television industry, examines employment trends in cable and other pay television services and in radio and television broadcasting, and reviews the more significant regulatory, technological, and economic changes that have taken place since the early 1960s. Toto finds that broadcast television accounted for most of the job growth during the early part of the study period, and cable and other pay television had the most growth during the latter part.

The report on producer prices is our final of a roundup of economic events during the last year of the decade. (Articles on employment and consumer prices appeared in February and April, respectively). In "Rising producer prices in 1999 dominated by energy goods," Eleni Xenofondos and William F. Snyders report that the Producer Price Index (PPI) rose at all stages of processing in 1999. Excluding food and energy, the increases for finished goods and intermediate materials ranged from about 1 to 2 percent, respectively; for crude nonfood materials excluding energy, the increase was 14 percent.

The Review often reports on economic conditions of women--their participation in the labor force, marital status, and earnings. This month, in "Married women, work, and values," Mahshid Jalilvand examines the personal-value structures of women to ascertain whether they have any effect on their labor market-related decisions. Women's personal values appear to be rank-ordered in a hierarchy that differs between working and "nonworking" women. The data indicate that economic and political values are relatively more important for working women than are social and religious values, which are relatively more important for nonworking women.

This month also features a Technical Note explaining how strikes affect the Bureau's monthly employment figures. Karthik A. Rao, in "The impact of strikes on current employment statistics," emphasizes that it is important for users of the data to understand how strikes affect the estimates "so they can accurately interpret the economic meaning of the change in the number of employees over the month."
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Publication:Monthly Labor Review
Article Type:Brief Article
Date:Aug 1, 2000
Words:354
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