bls_employnews_197405.pdf

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USDLi - 74-30 6FOR RE LE A SE : Transm iss ion Embargo

1Q:00 A. M. (ED T ) Friday, June 7, 1974

THE E M P L O Y M E N T S ITU ATIO N : M A Y 1974

Unemployment rose in May, but employment also increased, it was

announced today by the Bureau of Labor Statistics of the U. S. Department of Labor.

P r im a r i l y because of a r ise in job lessness among teenagers, the Nation' s unemploy

ment rate edged up to 5. 2 percent f ro m 5. 0 percent in A pr il . The job less rate has

been in the 5. 0-5. 2 percent range since January, after r is ing fr o m last October' s

low of 4. 6 percent.

Total employment (as measured by the monthly sample survey of households)

was 86. 0 m illion in May, up slightly f r o m the 85. 8 m il l ion plateau at which it had

held since January.

Nonagricultural payro ll employment (as measured by the monthly survey of

business establishments) rose by 180, 000, with the entire gain occurr ing in s e rv ic e -

producing industries. There was also a rebound in the workweek and a sizeable

increase in average hourly earnings.

Unemployment

The number of persons unemployed in M ay totaled 4. 7 m il l ion (seasona lly

adjusted) , up 170, 000 from the previous month. This was a return to the lev e ls of

the f i r s t 2 months of the year. The unemployment rate of 5. 2 percent was above the

A p r i l le v e l but continued between 5. 0 and 5. 2 percent for the fifth consecutive month.

Teenagers accounted fo r most of the May r ise in total job lessness; their unem

ployment rate, which had dropped the previous month, increased from 13. 8 to 15. 8

percent. Except fo r A pr i l , the teenage job less rate has held between 15 and 16 p e r

cent since January (table A -2 ) .

JoMess rates for most adult w orker groups, on the other hand, rem ained

e ither unchanged or declined m arg ina lly in May. There was some im provem ent

among m a rr ied men, whose unemployment rate declined fro m 2. 5 to 2. 2 percent

over the month; this was m ir ro re d by a drop in the rate fo r all men 25 yea rs and

over (table A -6 ) . The rates foremen 20 years and over (3. 4 percent) , women

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

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20 years and over (5. 1 percent) , and household heads (3. 0 percent) did not show

sta tis t ica lly significant movements over the month.

The job less rate for fu ll- t im e workers, at 4. 6 percent in May, has been

v ir tua lly unchanged since January. In contrast, the part-t im e w orker rate rose

substantially in May, from 7. 3 to 8. 8 percent, due la rg e ly to the increase in teenage

job lessness. Increased youth unemployment a lso affected the unemployment rates of

Table A. Highlights of the employment situation (seasonally adjusted data)

Selected categories

Quarterly averages Monthly data

1973 1974 M arch A p r i l1974

May1974I 11 I I I I V I 1974

(Millions of persons)

Civilian labor force ........................... 8 7 .6 8 8 .5 8 9 .0 8 9 .9 9 0 .5 9 0 .5 9 0 .3 9 0 .7

Total em p loym en t....................... 8 3 .2 8 4 .1 8 4 .8 8 5 .7 8 5 .8 8 5 .9 8 5 .8 8 6 .0

Adult m e n ............................... 4 7 .5 4 7 .7 4 8 .1 4 8 .5 4 8 .5 4 8 .4 4 8 .3 4 8 .5

Adult w om en ........................... 2 8 .6 2 9 .2 2 9 .5 2 9 .7 2 9 .7 2 9 .9 3 0 .1 3 0 .1

Teenagers................................. 7 .1 7 .2 7 .2 7 .5 7 . 6 7 .6 7 . 4 7 . 4

Unem ploym ent............................. 4 . 4 4 .3 4 . 2 4 .2 4 . 7 4 . 6 4 .5 4 . 7

(Percent of labor force)

Unemployment rates:A ll w orkers................................... 5 .0 4 . 9 4 .7 4 .7 5 .2 5 .1 5 . 0 5 .2

Adu lt m en..................................... 3 . 4 3 .3 3 .1 3 . 0 3 . 5 3 . 4 3 . 6 3 . 4

Adult women................................. 5 . 0 4 . 8 4 . 8 4 .7 5.1 5 .0 4 . 9 5 .1

Teenagers..................................... 1 4 .7 1 4 .7 1 4 .3 1 4 .3 1 5 .3 1 5 .0 1 3 .8 1 5 .8

White ............................................ 4 . 5 4 . 4 4 .2 4 .2 4 . 7 4 . 6 4 . 5 4 . 7

Negro and other races................... 9 . 0 9 .0 ■ 9 . 0 8 .6 9 .4 9 . 4 8 .7 9 .5

Household heads........................... 3 . 0 2 . 9 2 .7 2 .8 3 . 0 3 . 0 3 . 1 3 . 0

Married m e n ................................. 2 . 4 2 .3 2 .1 2 .1 2 . 4 2 . 4 2 .5 2 .2

Full-time w o rke rs ......................... 4 . 6 4 .3 4 .2 4 .3 4 . 6 4 . 6 4 . 6 4 . 6

State insured................................. 2 . 9 r 2 .7 2 . 6 r 2 . 6 r 3 . 3 r 3 . 4 r 3 • 4 r 3 .3

(Weeks)

Average duration ofunemployment ............................... 1 0 .6 9 .9 9 .7 9 . 9 9 .5 9 . 4 9 .8 9 .5

(Millions of persons)

Nonfarm payroll em p loym ent.......... 7 4 .6 7 5 .3 7 5 .7 7 6 .6 7 6 .7 7 6 .8 7 6 . 9p 7 7 . I pGoods-producing industries ........ 2 3 .7 2 4 .0 2 4 .2 2 4 .4 2 4 .3 2 4 .2 2 4 . 2p 2 4 . 2pService-producing industries........ 5 0 .9 5 1 .3 5 1 .6 5 2 .1 5 2 .4 5 2 .6 5 2 . 7p 5 2 . 9p

(Hours of work)

Average weekly hours:Total private nonfarm ................... 3 7 .1 3 7 .2 3 7 .1 3 7 .0 3 6 .8 3 6 .8 3 6 . 6p 3 6 . 8p

Manufacturing................................ 4 0 .7 4 0 .7 4 0 .7 4 0 .6 4 0 .4 4 0 .4 3 9 .4 p 4 0 . 3pManufacturing o ve rt im e ............... 3 . 8 3 . 9 3 . 8 3 .7 3 . 5 3 . 6 2 . 9p 3 . 5p

(1967-100)

Hourly Earnings Index, privatenonfarm:

In current dollars ......................... 1 4 2 .7 1 4 5 .0 1 4 7 .8 1 5 0 .4 1 5 2 .6 1 5 3 .5 1 5 4 . 5p 1 5 5 . 9p

In constant dollars......................... 1 1 0 .7 1 1 0 .3 1 1 0 .1 1 0 9 .3 1 0 7 .8 1 0 7 .2 1 0 7 . 3 p N . A .

p= preliminary. SOURCE: Tables A-1, A-3, A-4. B-1. B-2, and B-4.N.A.= not available.r=revised.


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white and N egro workers, which rose to 4. 7 and 9. 5 percent, respec t ive ly . A t 33. 5

percent, the unemployment rate fo r N egro youth continued to be m ore than twice the

white teenage rate.

The unemployment rate fo r V ie tnam -era veterans 20 to 34 years old, at

4. 8 percent in May, was not m ater ia l ly d if ferent f ro m the rates of the f i r s t 4 months

of 1974 or of a year ago. The rate for the m ore recen tly discharged veterans (20-24)

was 10. 3 percent, remaining much higher than that fo r young nonveterans (7. 9 p e r

cent) , who have g rea ter c iv il ian job m arket experience. F o r o lder veterans (those

25-34), job less rates have been at or below the rates fo r their nonveteran counter

parts.

Among the m ajor industries, one of the few significant changes in the job less

situation was a decline in the rate fo r durable goods w orkers to 4. 5 percent in May

fro m the 5-percent plateau at which it had held in the previous 4 months. Among the

m ajor occupational groups, there was a decline in the job less rate for b lu e-co l la r

workers , a group that had been most a dverse ly a ffected by energy shortages. This

decline however, was m ore than offset by increases among c ler ica l, sales, and

serv ice workers .

The job less rate for w orkers covered by State unemployment insurance

program s edged down from 3, 4 percent in A p r i l (as rev ised ) to 3. 3 percent but

rem ained w e l l above the y e a r - e a r l ie r rate of 2. 7 percent*

A decline in the number of job lo se rs was not sufficient to o f fse t an increase

among unemployed reentrants to the labor fo rce (table A - 5) . The proportion of the

total unemployed who had lost their last job dropped below 40 percent fo r the f i r s t

time since last Novem ber.

C ivilian. L abor F orce and.TQtal-Empl Q.ynaen.t

The number o f persons in the c iv i l ian labor fo rce rose by 370, 000 in May,

reg is te r ing the f i r s t increase since January and bringing it to a leve l o f 90. 7 m ill ion ;

the gain was paced by adult men and teenagers. (See table A - l . ) F o r adult men,

this increase r e v e rsed a downward trend evident since January, whereas the teenage

advance represented a rebound fr o m a substantial drop the previous month (which

may have stemmed from the fact that this year, fo r the f i r s t time in many years, the

A p r i l survey w eek im m edia te ly preceded Easter, when many youth w ere on spring

vacations) .

Tota l employment in May --at 86. 0 million, seasonally ad justed --rose

slightly a fter having shown little growth during the winter and ea r ly spring. Since


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May a year ago, total employment has expanded by 2. 0 million. The A p r i l - to -M a y

change in employment was attributable to gains among men and persons working in

b lue-collar occupations, a marked reve rsa l of recent trends.'

The number of persons working part time because of economic reasons

(those working part time but wanting fu ll-t im e jobs) increased substantially in May

(360, 000) to 2. 7 million, bringing to a halt a 2-month decline.

Nonagricultural payroll employment rose by 180, 000 in May to 77. 1 million,

seasonally adjusted. The entire expansion took place in the service-producing

industries, but increased strike activity in contract construction and manufacturing

may have fo res ta l led advances in these industries. The la rgest over-the-month

gains occurred in se rv ices and State and local government. (See table 13-1.)

Since May 1973, service-producing industries have accounted for 1. 6 m ill ion

of the 1. 8-m ill ion increase in total payroll employment. However, goods-producing

employment had r isen substantially through the end of last year and then dropped by

nearly a quarter of a m illion in the ensuing months of energy shortages.

.Work

The average workweek of production or nonsupervisory workers on private

nonagricultural payrolls increased by 0. 2 hour in May, returning to the March level

of 36. 8 hours (seasonally adjusted) . Manufacturing paced this recovery , with the

workweek increasing 0. 9 hour and overtim e 0. 6 hour. (See table 13-2. ) These gains

support the view that the timing of the re ference week in A p r i l (the week before

Easter) was the major contributing factor in that month's declines. Over the past

year, average week ly hours have decreased 0. 4 hour, both among all production or

nonsupervisory w orkers and those in manufacturing. Overtime hours in manufactur

ing w ere a lso down 0. 4 hour from the May 1973 level.

Hourly and Weekly Earnings

A verage hourly earnings of production or nonsupervisory workers on nonfarm

payrolls rose 1. 5 percent in May (seasonally adjusted) . Since May 1973, hourly

earnings have advanced by 7. 5 percent. A verage week ly earnings also increased

sharply in M a y --b y 2. 0 pe rcen t--re f lec t ing both the large increase in hourly earnings

and the rebound in the workweek. Since May a year ago, week ly earnings have risen

by 6. 4 percent.

Before adjustment for seasonality, average hourly earnings rose 7 cents in

May to $4. 14 (table 13-3) . Since May 1973, hourly earnings w ere up by 29 cents.


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W eekly earnings averaged $151. 52 in May, an increase of $3. 78 from A p r i l and $9. 07

from May a year ago.

The unusually la rge increase in average hourly earnings during May re f lec ted

severa l contemporaneous events. Large cost-o f- l iv in g increases became e f fect ive

in some industries, including steel. In addition, the F ed era l minimum wage law was

amended ef fect ive May l, expanding its coverage and rais ing the leve l for a lready

covered workers. A third factor leading to the rise was the rebound in factory o v e r

time .

The H ou r ly .E a rnings Index

The Hourly Earnings Index--earn ings adjusted for overtim e in manufacturing,

seasonality, and the e f fects of changes in the proportion of w orkers in high-wage and

low -wage industr ies- -was 155. 9 (1967= 100) in May, 0. 9 percent higher than in A pr il .

(See table B-4. ) The Index was 7. 7 percent above May a year ago. A l l industry

divisions recorded gains over the past 12 months, ranging from 6. 5 percent in

finance, insurance and rea l estate to 9. 5 percent in mining. During the 12-month

per iod ended in April, the Hourly Earnings Index in do llars of constant purchasing

power declined 2. 9 percent.

This release presents and analyzes statistics from two major surveys. Data on labor force, total employment, and unemployment are derived from the sample survey of households conducted and tabulated by the Bureau of the Census lot the Bureau of Labor Statistics. Statistics on payroll employment, hours, and earnings arc collected by State agencies from pay roll records of employers and are tabulated by the Bureau of Labor Statistics. Unless otherwise indicated, data for both series relate to the week of the specified month containing the 12th day. A description of the two surveys appears in the BLS publication frm ploym ent and framings.


HOUSEHOLD DATA HOUSEHOLD DATA

Tab le A-1. Em ploym ent status of the n on in stitu tion a l population

[Numbers in thousands]

Employment status

Not seasonally adjusted Seasonally adjusted

May1973

A p r i l1974

May1974

May1973

Jan .1974

F e b .1974

M arch1974

A p r i l1974

May1974

TOTAL

Total noninstitutional population1 .......................................... 1 4 7 ,9 4 0 150 ,283 1 50 ,507 1 4 7 ,9 4 0 1 4 9 ,6 5 6 149 ,8 5 7 1 5 0 ,0 6 6 1 50 ,283 1 5 0 ,5 0 7Total labor force .................................................................. 8 9 ,891 9 1 ,7 3 6 9 2 ,1 5 8 9 0 ,597 92 ,801 9 2 ,8 1 4 9 2 ,7 4 7 9 2 ,5 5 6 9 2 ,9 0 9

Civilian noninstitutional population1 ...................................... 14 5 ,6 0 7 1 4 8 ,0 4 0 14 8 ,2 7 7 145 ,607 14 7 ,3 9 8 1 4 7 ,5 9 9 1 4 7 ,8 1 6 1 4 8 ,0 4 0 148 ,2 7 7Civilian labor fo r c e ............................................................... 8 7 ,5 5 7 8 9 ,493 8 9 ,9 2 9 88 ,263 90 ,543 9 0 ,5 5 6 9 0 ,4 9 6 9 0 ,313 9 0 ,6 7 9

Employed ........................................................................ 8 3 ,7 5 8 8 5 ,1 9 2 8 5 ,7 8 5 8 3 ,9 5 0 85 ,8 1 1 8 5 ,803 8 5 ,863 8 5 ,7 7 5 8 5 ,9 7 1Agricu lture.................................................................. 3 ,4 6 7 3 ,4 3 7 3 ,6 0 4 3 ,3 2 0 3 ,7 9 4 3 ,8 5 2 3 ,6 9 9 3 ,5 1 1 3 ,4 5 7Nonagricultural industries........................................... 80 ,2 9 1 8 1 ,7 5 6 8 2 ,181 8 0 ,6 3 0 82 ,0 1 7 8 1 ,9 5 1 8 2 ,1 6 4 8 2 ,2 6 4 8 2 ,5 1 4

Unemployed .................................................................... 3 ,7 9 9 4 ,30 1 4 ,1 4 4 4 ,313 4 ,7 3 2 4 ,75 3 4 ,63 3 4 ,5 3 8 4 ,7 0 8Unemployment rate ....................................................... 4 .3 4 .8 4 .6 4 .9 5 .2 5 .2 5 .1 5 .0 5 .2

Not in labor force ................................................................ 5 8 ,0 5 0 58 ,5 4 7 5 8 ,3 4 9 57 ,343 5 6 ,8 5 5 5 7 ,0 4 3 5 7 ,3 2 0 5 7 ,7 2 7 5 7 ,5 9 8

Males, 20 years and over

Total noninstitutional population1 ........................................... 6 2 ,7 0 6 63 ,7 1 2 6 3 ,8 0 4 6 2 ,7 0 6 6 3 ,4 5 5 6 3 ,5 3 6 6 3 ,6 2 2 6 3 ,7 1 2 6 3 ,8 0 4Total labor force ................................................................ 5 1 ,1 1 2 5 1 ,7 3 8 51 ,931 5 1 ,237 5 2 ,1 9 7 ' 5 2 ,1 3 9 51 ,9 1 2 5 1 ,8 8 0 52 ,0 3 1

Civilian noninstitutional population1......................................... 6 0 ,7 9 5 61 ,897 6 2 ,0 0 0 6 0 ,7 9 5 6 1 ,6 2 8 6 1 ,7 0 9 6 1 ,801 6 1 ,8 9 7 6 2 ,0 0 0Civilian labor fo r c e ................................................................ 4 9 ,2 1 0 4 9 ,9 2 4 5 0 ,1 2 7 4 9 ,3 2 5 ■ 50 ,371 5 0 ,3 1 2 5 0 ,091 5 0 ,0 6 5 5 0 ,2 2 7

Employed.......................................................................... 4 7 ,6 8 0 4 8 ,1 0 4 4 8 ,5 3 9 4 7 ,6 6 8 4 8 ,6 6 0 4 8 ,5 2 9 4 8 ,3 7 9 4 8 ,2 7 2 4 8 ,5 0 8Agricu lture.................................................................. 2 ,5 2 4 2 ,5 0 8 2 ,57 1 2 ,44 7 2 ,6 8 7 2 ,7 0 8 2 ,6 4 6 2 ,4 9 3 2 ,4 9 4Nonagricultural industries........................................... 4 5 ,1 5 6 4 5 ,5 9 6 4 5 ,9 6 8 4 5 ,221 4 5 ,9 7 3 4 5 ,8 2 1 45 ,7 3 3 4 5 ,7 7 9 4 6 ,0 1 4

Unemployed .................................................................... 1 ,53 1 1 ,8 2 0 1 ,5 8 8 1 ,65 7 1 ,71 1 1 ,78 3 1 ,71 2 1 ,79 3 1 ,7 1 9Unemployment ra te ......................................................... 3 .1 3 .6 3 .2 3 .4 3 .4 3 .5 3 .4 3 .6 3 .4

Not in labor force ................................................................ 1 1 ,5 8 5 11 ,973 11 ,8 7 3 1 1 ,4 7 0 1 1 ,2 5 8 1 1 ,3 9 7 1 1 ,7 1 0 1 1 ,8 3 2 1 1 ,7 7 3

Females, 20 years and over

Civilian noninstitutional population1 ...................................... 6 9 ,0 9 6 7 0 ,1 3 9 7 0 ,2 4 7 6 9 ,0 9 6 6 9 ,8 4 0 6 9 ,9 3 7 7 0 ,0 3 5 7 0 ,1 3 9 7 0 ,2 4 7Civilian labor fo r c e ................................................................ 3 0 ,5 3 2 3 1 ,6 1 1 3 1 ,6 2 2 3 0 ,5 3 6 3 1 ,1 3 3 3 1 ,3 2 9 3 1 ,4 9 8 3 1 ,6 1 2 3 1 ,6 5 1

Employed ........................................ ............................ 2 9 ,2 4 9 3 0 ,1 5 9 3 0 ,1 4 9 2 9 ,1 4 5 2 9 ,5 1 9 2 9 ,7 2 2 29,-916 3 0 ,0 5 7 3 0 ,0 5 1Agricu lture.................................................................. 576 494 575 508 628 641 613 539 507Nonagricultural industries........................................... 2 8 ,6 7 3 2 9 ,6 6 6 2 9 ,5 7 4 28 ,6 3 7 2 8 ,891 2 9 ,0 8 1 2 9 ,3 0 3 2 9 ,5 1 8 2 9 ,5 4 4

Unemployed ............................................ ....................... 1 ,2 8 2 1 ,452 1 ,4 7 4 1 ,391 1 ,6 1 4 1 ,6 0 7 1 ,5 8 2 1 ,5 5 5 1 ,6 0 0Unemployment ra te ......................................................... 4 .2 4 .6 4 .7 4 .9 5 .2 5 .1 5 .0 4 .9 5 .1

Not in labor fo rce .................................................................. 3 8 ,5 6 5 3 8 ,5 2 8 3 8 ,6 2 5 3 8 ,5 6 0 3 8 ,7 0 7 3 8 ,6 0 8 3 8 ,5 3 7 3 8 ,5 2 7 3 8 ,5 9 6

Both sexes, 16-19 years

Civilian noninstitutional population1 ...................................... 1 5 ,7 1 5 1 6 ,0 0 4 1 6 ,0 3 0 1 5 ,7 1 5 1 5 ,9 3 0 1 5 ,9 5 2 1 5 ,9 8 1 1 6 ,0 0 4 1 6 ,0 3 0Civilian labor fo r c e ..................................................... 7 ,8 1 5 7 ,9 5 8 8 ,1 8 0 8 ,40 2 9 ,0 3 9 8 ,9 1 5 8 ,90 7 8 ,6 3 6 8 ,8 0 1

Employed ........................................................................ 6 ,8 2 9 6 ,9 2 9 7 ,0 9 8 7 ,13 7 7 ,6 3 2 7 ,5 5 2 7 ,5 6 8 7 ,4 4 6 7 ,4 1 2Agricu lture.................................................................. 367 435 459 365 479 503 440 479 456Nonagricultural industries........................................... 6 ,4 6 2 6 ,4 9 4 6 ,6 3 9 6 ,77 2 7 ,153 7 ,0 4 9 7 ,1 2 8 6 ,9 6 7 6 ,9 5 6

Unemployed .................................................................... 986 1 ,0 2 9 1 ,08 2 1 ,26 5 1 ,4 0 7 1 ,3 6 3 1 ,3 3 9 1 ,1 9 0 1 ,3 8 9Unemployment ra te ......................................................... 1 2 .6 1 2 .9 1 3 .2 15 .1 1 5 .6 1 5 .3 1 5 .0 1 3 .8 1 5 .8

Not in labor fo rc e ............... .................................................. 7 ,9 0 0 8 ,04 6 7 ,8 5 0 7 ,313 6 ,89 1 7 ,0 3 7 7 ,0 7 4 7 ,3 6 8 7 ,2 2 9

WHITE

Civilian noninstitutional population1 ...................................... 1 2 8 ,9 8 4 130 ,922 1 3 1 ,1 1 4 1 2 8 ,9 8 4 1 3 0 ,3 9 3 1 3 0 ,5 5 5 1 3 0 ,7 3 9 1 3 0 ,9 2 2 1 3 1 ,1 1 4Civilian labor fo r c e ................................................................ 7 7 ,7 5 8 7 9 ,4 1 5 7 9 ,7 9 7 7 8 ,402 8 0 ,0 8 9 8 0 ,1 2 2 8 0 ,1 6 3 8 0 ,1 0 0 8 0 ,4 8 8

Employed ........................................................................ 7 4 ,7 4 9 7 5 ,9 5 0 7 6 ,4 8 8 7 4 ,952 7 6 ,3 2 8 7 6 ,3 5 4 7 6 ,4 9 8 7 6 ,4 6 4 7 6 ,6 9 4Unemployed .................................................................... 3 ,0 0 9 3 ,4 6 5 3 ,3 0 9 3 ,4 5 0 3 ,76 1 3 ,7 6 8 3 ,6 6 5 3 ,6 3 6 3 ,7 9 4Unemployment ra te ......................................................... 3 . 9 4 .4 4 .1 4 .4 4 .7 4 .7 4 .6 4 .5 4 .7

Not in labor fo rce .................................................................. 5 1 ,2 2 5 5 1 ,5 0 7 5 1 ,3 1 6 50 ,5 8 2 5 0 ,3 0 4 5 0 ,4 3 3 5 0 ,5 7 6 5 0 ,8 2 2 5 1 ,6 2 6

NEGRO AND OTHER RACES

Civilian noninstitutional population1 ....................................... 16 ,6 2 3 1 7 ,1 1 8 1 7 ,1 6 4 1 6 ,623 1 7 ,0 0 5 1 7 ,0 4 4 1 7 ,0 7 7 1 7 ,1 1 8 1 7 ,1 6 4Civilian labor fo r c e ................................................................ 9 ,7 9 9 1 0 ,0 7 8 1 0 ,1 3 2 9 ,937 1 0 ,4 9 9 1 0 ,3 4 0 1 0 ,2 8 9 1 0 ,1 6 8 1 0 ,2 9 2

Employed ........................................................................ 9 ,0 0 9 9 ,24 2 9 ,29 7 9 ,023 9 ,513 9 ,3 9 0 9 ,323 9 ,2 8 5 9 ,3 1 5Unemployed .................................................................... 790 835 834 914 986 950 966 883 977Unemployment ra te .......................................................... 8 .1 8 .3 8 .2 9 .2 9 .4 9 .2 9 .4 8 .7 9 .5

Not in labor fo rc e .................................................................. 6 ,8 2 4 7 ,041 7 ,0 3 2 6 ,6 8 6 6 ,5 0 6 6 ,7 0 4 6 ,7 8 8 6 ,9 5 0 6 ,8 7 2

1 Seasonal variations are not present in the population figures; therefore, identical numbers appear in the unadjusted and seasonally adjusted columns.

NOTE: Data relate to the noninstitutional population 16 years o f age and over. Total noninstitutional population and total labor force include persons in the Armed Forces.



Tab le A -2 . M ajor unem ploym ent in d ic a to rs , seasona lly adjusted

Selected categories

Number of unemployed persons

(In thousands)

Unemployment rates

May1973

J a n . 1974

F eb .1974

M arch1974

A p r i l1974

May1974

May1973

May1974

Total, 16 years and over .................................................................................. 4 ,3 1 3 4 ,7 0 8 4 .9 5 .2 5 .2 5 .1 5 .0 5 .2

Males, 20 years and o v e r .............................................................................. 1 ,657 1 ,71 9 3 .4 3 .4 3 .5 3 .4 3 .6 3 .4

Females, 20 years and o v e r .......................................................................... 1 ,391 1 ,60 0 4 .6 5 .2 5 .1 5 .0 4 .9 5 .1

Both sexes, 16-19 years .............................................................................. 1 ,26 5 1 ,389 15 .1 1 5 .6 1 5 .3 1 5 .0 1 3 .8 1 5 .8

White, total ................................................................................................. 3 ,4 5 0 3 ,7 9 4 4 .4 4 .7 4 .7 4 .6 4 .5 4 .7

Males, 20 years and over ......................................................... ............... 1 ,3 3 8 1 ,39 5 3 .0 3 .1 3 .2 3 .0 3 .2 3 .1

Females, 20 years and over .................................................................... 1 ,101 1 ,295 4 .1 4 .7 4 .7 4 .7 4 .6 4 .7

Both sexes, 16-19 yea rs .......................................................................... 1 ,011 1 ,10 4 1 3 .4 1 3 .7 1 3 .3 1 2 .8 1 1 .9 1 4 .0

Negro and other races, t o t a l ........................................................................ 914 977 9 .2 9 .4 9 .2 9 .4 8 .7 9 .5

Males, 20 years and over.......................................................................... 319 324 6 .3 5 .8 6 .6 6 .8 6 .5 6 .3

Females, 20 years and over .................................................................... 318 336 7 .9 9 .1 7 .9 7 ,0 6 ,8 8 .0

Both sexes, 16-19 y ea rs ....................................................... ................... 277 317 3 0 .8 2 9 .1 2 9 .2 3 3 .8 3 0 .3 3 3 .5

Household heads......................................................... .................................. 1 ,4 5 8 1 ,5 6 0 2 .9 3 .0 3 .0 3 .0 3 .1 3 .0

Married men, spouse present........................................................................ 919 894 2 .3 2 .3 2 .4 2 .4 2 .5 2 .2

Full-time workers.......................................................................................... 3 ,2 5 4 3 ,5 7 7 4 .3 4 .7 4 .7 4 .6 4 .6 4 .6

Part-time workers......................................................................................... 1 ,08 7 1 ,14 8 8 .5 8 .2 8 .4 8 .1 7 .3 8 .8

Unemployed 15 weeks and over1 *................................................................ 818 877 .9 .8 .9 .9 .9 1 .0

1 ,6 1 l r 2 ,1 1 6 2 .7 3 .1 r 3 .3 r 3 .4 r 3 .4 r 3 .3

Labor force time lost3 ................................................................................. 5 .2 5 .7 5 .7 5 .6 5 .7 5 .7

OCCUPATION4

White-collar workers..................................................................................... 1 ,19 5 1 ,387 2 .9 3 .2 3 .2 2 .8 2 .8 3 .2Professional and technical ....................................................................... 245 269 2 .1 2 .5 2 .0 1 .9 2 .2 2 .1Managers and administrators, except farm . . ....................................... 130 176 1 .5 1 .7 1 .8 1 .5 1 .6 1 .9Sales workers ............................................................................................ 201 237 3 .6 4 .0 4 .2 3 .8 3 .3 4 .2Clerical workers........................................................................................ 619 705 4 .1 4 .5 4 .5 4 .0 3 .9 4 .6

1 Blue-collar workers........................................................................................ 1 ,6 9 0 1 ,93 3 5 .3 6 .0 6 .1 6 .1 6 .4 6 .0Craft and kindred workers...................................................................... 439 441 3 .7 3 .8 3 .9 3 .6 3 .9 3 .7Operatives................................................................................................ 847 956 5 .6 7 .0 6 .8 7 .2 7 .1 6 .3Nonfarm laborers........................................... ....................................... 404 430 8 .6 8 .4 9 .3 9 .0 1 0 .4 8 .8

Service workers ............................................................................................ 679 798 5 .8 5 .5 6 .1 6 .1 5 .8 6 .7Farm workers................................................................................................ 100 82 3 .3 1 .9 2 .1 2 .8 2 .7 2 .6

INDUSTRY4

Nonagricultural private wage and salary workers 5....................................... 3 ,1 0 6 3 ,41 7 4 .8 5 .3 5 .4 5 .1 5 .3 5 .2

Construction ............................................................................................ 400 432 8 .9 9 .1 7 .9 8 .4 1 0 .3 9 .6

Manufacturing.......................................................................................... 942 1 ,0 2 0 4 .4 5 .1 5 .3 5 .2 5 .0 4 .7Durable g ood s ..................................................................................... 500 575 4 .0 5 .0 5 .1 5 .0 5 .0 4 .5Nondurable g ood s ............................................................................... 442 445 5 .1 5 .3 5 .7 5 .5 5 .1 5 .0

Transportation and public utilities.......................................................... 138 148 3 .0 2 .9 3 .1 2 .8 c 3 .0 3 .0Wholesale and retail trade ...................................................................... 884 1 ,021 5 .6 6 .1 6 .0 5 .8 5 .9 6 .3Finance and service industries................................................................ 726 772 4 .2 4 .5 4 .9 4 .4 4 .3 4 .3

Government workers........................................................ .......................... 380 499 2 .7 2 .5 2 .8 2 .8 2 .9 3 .4Agricultural wage and salary w orkers .......................................................... 117 101 8 .8 6 .3 6 .7 7 .8 8 .2 7 .1

VETERAN STATUS

Males, Vietnam-era veterans6;20 to 34 years .......................................................................................... 273 278 5 .2 5 .2 5 .0 5 .1 5 .1 4 .8

20 to 24 y ea rs ..................................................................................... 138 129 8 .9 1 0 .6 1 0 .0 9 .0 9 .2 1 0 .325 to 29 yea rs ..................................................................................... 114 117 4 .1 3 .6 3 .8 4 .3 4 .5 3 .630 to 34 y ea rs ..................................................................................... 21 32 2 .2 3 .1 2 .7 2 .8 2 .8 * 2 .5

Males, nonveterans;20 to 34 years .......................................................................................... 676 760 5 .2 5 .2 5 .4 5 .5 5 .8 5 .6

20 to 24 yea rs ...................................................................................... 404 481 7 .3 7 .2 7 .9 7 .8 7 .6 7 .9

25 to 29 yea rs ..................................................................................... 179 184 4 .6 4 .0 4 .1 4 .3 4 .9 4 .8

30 to 34 yea rs ..................................................................................... 93 95 2 .73 " 2

2 .8 3 .2 3 .7 2 .6

1 Unemployment-rate calculated as a percent o f civilian labor force.3 Insured unemployment under State programs; unemployment rate calculated as a percent o f average covered employment.3 Man-hours lost by the unemployed and persons on part time for economic reasons as a percent o f 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.s Includes mining, not shown separately.6 Vietnam-era veterans are those who served after August 4. 1964.

r=revisedc=corrected



Table A -3 . Se lected em ploym ent ind icators

{In thousands]

Selected categories


May1973

May1974

May1973

Jan .1974

F eb .1974

M arch1974

A p r i l1974

May1974

Total employed, 16 years and o v e r .................................................................. 8 3 ,7 5 8 8 5 ,7 8 5 8 3 ,9 5 0 85 ,811 85 ,8 0 3 8 5 ,8 6 3 8 5 ,7 7 5 85 ,9 7 1Males.............................................................................................................. 5 1 ,4 7 0 5 2 ,5 1 9 5 1 ,597 5 2 ,9 1 0 5 2 ,7 1 6 5 2 ,5 5 6 5 2 ,3 7 0 5 2 ,6 2 8Females ....................................................................................................... 3 2 ,2 8 8 3 3 ,2 6 7 3 2 ,3 5 3 32 ,9 0 1 3 3 ,0 8 7 3 3 ,3 0 7 3 3 ,4 0 5 3 3 ,3 4 3Household heads............................................ .............................................. 4 9 ,5 7 8 5 0 ,9 1 9 4 9 ,4 6 8 50 ,8 0 7 5 0 ,8 2 5 5 0 ,7 0 6 5 0 ,7 3 8 5 0 ,8 1 7Married men, spouse present........................................................................ 3 8 ,8 1 7 3 9 ,0 6 4 3 8 ,8 1 4 3 9 ,3 9 4 3 9 ,2 6 8 3 9 ,0 2 5 3 8 ,9 7 5 3 9 ,0 6 4Married women, spouse present.................................................................... 1 9 ,2 5 2 1 9 ,5 6 4 1 9 ,2 0 0 19 ,1 4 7 1 9 ,2 2 4 1 9 ,3 4 9 19 ,4 9 7 1 9 ,5 0 5

OCCUPATION

White-collar workers..................................................................................... 3 9 ,9 0 9 4 1 ,4 6 2 4 0 ,0 6 6 4 1 ,3 9 9 4 1 ,3 7 5 41 ,7 4 3 41 ,6 0 1 4 1 ,6 1 5Professional and technical ...................................................................... 1 1 ,6 0 0 1 2 ,2 9 7 1 1 ,555 1 2 ,0 6 8 1 2 ,3 5 0 1 2 ,2 6 0 1 2 ,2 7 4 1 2 ,2 4 8Managers and administrators, except fa rm ............................................. 8 ,5 6 4 9 ,1 3 6 8 ,573 9 ,18 6 9 ,031 8 ,9 3 8 9 ,0 0 9 9 ,1 4 5Sales workers........................................................................................... 5 ,3 6 0 5 ,3 6 4 5 ,43 5 5 ,3 8 6 5 ,4 0 8 5 ,46 2 5 ,443 5 ,4 4 0Clerical workers....................................................................................... 1 4 ,3 8 5 1 4 ,6 6 4 14 ,503 1 4 ,7 5 9 1 4 ,5 8 6 15 ,083 1 4 ,8 7 5 14 ,7 8 2

Blue-collar workers....................................................................................... 2 9 ,6 5 6 2 9 ,9 3 3 2 9 ,9 1 4 3 0 ,2 1 2 2 9 ,7 6 0 29 ,7 7 3 2 9 ,7 2 2 3 0 ,1 9 2Craft and kindred workers...................................................................... 1 1 ,3 0 0 1 1 ,5 3 0 1 1 ,3 8 8 1 1 ,4 4 4 .1 1 ,3 3 7 11 ,6 0 3 1 1 ,5 3 4 11 ,6 2 3Operatives................................................................................................ 1 4 ,0 6 7 1 3 ,9 5 3 1 4 ,255 14 ,1 8 7 1 3 ,9 9 0 1 3 ,711 13 ,973 1 4 ,1 3 7Nonfarm laborers..................................................................................... 4 ,2 8 9 4 ,4 5 0 4 ,27 1 4 ,5 8 1 4 ,43 3 4 ,4 5 9 4 ,2 1 5 4 ,4 3 2

Service workers.............................................................................................. 11 ,1 5 1 1 1 ,2 3 5 1 1 ,0 4 9 1 1 ,0 9 8 1 1 ,1 7 7 1 1 ,1 3 6 1 1 ,2 1 2 1 1 ,1 2 9Farm workers................................................................................................ 3 ,0 4 2 3 ,1 5 5 2 ,9 2 4 3 ,3 2 6 3 ,3 8 0 3 ,2 0 4 3 ,1 2 8 3 ,0 2 8

MAJOR INDUSTRY AND CLASSOF WORKER

Agriculture:Wage and salary workers................................................... ....................... 1 ,2 4 2 1 ,3 6 0 1 ,2 0 6 1 ,493 1 ,4 6 9 1 ,4 4 0 1 ,2 9 9 1 ,3 2 0Self-employed workers............................................................................. 1 ,7 8 8 1 ,7 7 8 1 ,7 5 0 - 1 ,88 7 1 ,9 1 9 1 ,8 2 8 1 ,7 6 7 1 ,7 4 0Unpaid family workers............................................................................. 437 466 374 392 429 408 456 3 98

Nonagricultural industries:Wage and salary workers ........................................................................ 7 4 ,1 4 5 7 5 ,8 3 9 7 4 ,6 3 8 7 5 ,9 8 4 76 ,0 3 1 7 6 ,2 3 1 7 6 ,0 5 4 7 6 ,1 3 2

Private households............................................................................... 1 ,5 2 5 1 ,43 3 1 ,51 5 1 ,4 3 8 1 ,5 0 5 1 ,40 3 ^ 1 ,4 3 4 1 ,4 2 4Government......................................................................................... 1 3 ,641 1 4 ,163 1 3 ,5 4 9 1 3 ,5 9 0 1 3 ,8 4 4 1 4 ,0 2 8 1 4 ,0 3 6 1 4 ,0 6 5Other.................................................................................................... 5 8 ,9 8 0 60 ,2 4 3 5 9 ,5 7 4 6 0 ,9 5 6 6 0 ,6 8 2 6 0 ,8 0 0 6 0 ,5 8 4 6 0 ,6 4 3

Self-employed workers..................... ....... ......................................... 5 ,573 5 ,8 2 3 5 ,45 7 5 ,3 9 9 5 ,4 5 8 5 ,3 6 2 5 ,6 3 6 5 ,70 3Unpaid family workers............................................................................ 572 519 545 466 461 520 498 495

PERSONS A T WORK 1

Nonagricultural industries............................................................................ 7 7 ,1 0 9 7 8 ,7 3 6 7 6 ,0 1 6 7 6 ,801 7 7 ,1 6 4 7 6 ,9 9 3 7 5 ,6 9 6 7 7 ,6 7 9Full-time schedules................................................................................... 63 ,7 6 1 6 4 ,7 9 5 6 3 ,5 0 8 6 3 ,8 4 7 6 3 ,9 1 1 6 3 ,9 8 4 6 3 ,3 7 8 6 4 ,5 3 7Part time for economic reasons.............................................................. 1 ,9 8 0 2 ,4 1 2 2 ,2 5 4 2 ,5 8 6 2 ,7 5 4 2 ,5 4 0 2 ,3 9 0 2 ,7 4 6

Usually work full time ...................................................................... 949 1 ,1 4 7 1 ,043 1 ,213 1 ,381 1 ,2 4 9 1 ,0 7 8 1 ,2 6 0

Usually work part t im e ...................................................................... 1 ,03 1 1 ,2 6 5 1 ,211 1 ,373 1 ,37 3 1 ,29 1 1 ,3 1 2 1 ,4 8 6

Part time for noneconomic reasons ....................................................... 1 1 ,3 6 8 1 1 ,5 2 9 1 0 ,2 5 4 1 0 ,3 6 8 1 0 ,4 9 9 1 0 ,4 6 9 9 ,9 2 8 1 0 ,3 9 6

1 Excludes persons "with a job but not at work" during the survey period for such reasons as vacation, illness, or industrial disputes.

Tab le A -4 . Duration of unem ploym ent

[Numbers in thousands]


Weeks o f unemployment May1973

May1974

May1973

Jan .1974

F eb .1974

M arch1974

A p r i l1974

May1974

Less than 5 w eeks .............................................................................................. 1 ,87 1 2 ,0 9 4 2 ,251 2 ,4 6 6 2 ,4 2 7 2 ,4 6 4 2 ,2 6 9 2 ,5 2 05 to 14 w e e k s .................................................................................................... 1 ,0 2 4 1 ,0 8 0 1 ,28 7 1 ,4 3 7 1 ,4 2 6 1 ,3 8 8 1 ,4 6 7 1 ,3 5 815 weeks and o v e r .............................................................................................. 904 970 818 768 830 815 857 877

15 to 26 w eeks.............................................................................................. 531 593 470 440 505 503 528 52527 weeks and over ....................................................................................... 373 377 348 328 325 312 329 352

Average (mean) duration, in w eek s .................................................................. 1 1 .2 1 0 .6 1 0 .0 9 .4 9 .6 9 .4 9 .8 9 .5

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 .0Less than 5 weeks................................................... . ................................... 4 9 .2 5 0 .5 5 1 .7 5 2 .8 5 1 .8 5 2 .8 4 9 .4 5 3 .05 to 14 w eeks................................................................................................ 2 7 .0 2 6 .1 2 9 .5 3 0 .8 3 0 .5 2 9 .7 3 1 .9 2 8 .6

15 weeks and over................................................... ...................................... 2 3 .8 2 3 .4 1 8 .8 1 6 .4 1 7 .7 1 7 .5 1 8 .7 1 8 .4

15to 26 weeks.......................................................................................... 1 4 .0 1 4 .3 1 0 .8 9 .4 1 0 .8 1 0 .8 1 1 .5 1 1 .027 weeks and o v e r ................................................................................... 9 .8 9 .1 8 .0 7 .0 6 .9 6 .7 7 .2 7 .4



Tab le A -5 . Reasons for unem ploym ent

N ot seasonally adjusted Seasonally adjusted

Reason May1973

May1974

May1973

J an .1974

F eb .1974

M arch1974

A p r i l 1 Q7A

May1974____

N U M B E R O F U N E M P LO Y E D

Lost last jo b ........................................................................................................... 1 ,47 2 1 ,7 2 6 1 ,6 1 0 2 ,0 0 6 2 ,0 5 2 2 ,0 2 2 2 ,007 1 ,8 8 8Left last job ......................................................................................................... 520 566 621 731 750 739 720 676Reentered labor f o r c e .......................................................................................... 1 ,23 6 1 ,3 1 3 1 ,505 1 ,2 5 2 1 ,24 0 1 ,1 8 6 1 ,26 3 1 ,5 9 9Seeking first job .................................................................................................. 571 538 682 682 630 632 549 643

P E R C E N T D ISTR IBU TIO N

Total u nem p lo yed ................................................................................................ 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 .0Job lo s e r s ......................................................................................................... 3 8 .7 4 1 .7 3 5 .7 4 2 .9 4 3 .9 4 4 .2 4 4 .2 3 9 .3Job leavers ....................................................................................................... 13 .7 1 3 .7 1 3 .5 1 5 .6 16 .1 16 .1 1 5 .9 14 .1Reentrants ....................................................................................................... 3 2 .5 3 1 .7 3 3 .7 2 6 .8 2 6 .5 2 5 .9 2 7 .8 3 3 .3New entrants ................................................................................................... 1 5 .0 1 3 .0 17 .1 1 4 .6 1 3 .5 1 3 .8 12 .1 1 3 .4

U N E M P LO Y E D A S A P E R C E N T O F TH EC IV IL IA N L A B O R FO R C E

Job losers................................................................................................................ 1 .7 1 .9 1 .8 2 .2 2 .3 2 .2 2 .2 2 .1Job leavers............................................................................... ............................... .6 .6 .7 .8 .8 .8 .8 .7Reentrants....................................................................................................... .... • 1 .4 1 .5 1 .7 1 .4 1 .4 1 .3 1 .4 1 .8New en tran ts .......................................................................................................... .7 .6 .8 .8 .7 .7 .6 .7

T ab le A -6 . Unem ploym ent by sex and age

Sex and age

Not seasonally adjusted Seasonally adjusted unemployment rates

Thousands o f persons Percent looking for full-time

work

May1973

J a n .1974

F e b .1974

M arch1974

A p r i l1974

May1974

May1973

May1974

May1974

Total. 16 years and o v e r ......................................................... 3 ,7 9 9 4 ,1 4 4 8 0 .5 4 .9 5 .2 5 .2 5 .1 5 .0 5 .216 to 19 years.............: ...................................................... 986 1 ,0 8 2 6 2 .1 15 .1 1 5 .6 1 5 .3 1 5 .0 1 3 .8 1 5 .8

16 to 17 years ............................................................... 496 510 4 1 .8 18 .1 . 1 9 .4 1 7 .9 1 8 .4 1 5 .7 1 8 .118 to 19 years ............................................................... 490 , 572 8 0 .2 1 3 .0 1 3 .3 1 2 .9 1 2 .7 1 2 .5 1 4 .3

20 to 24 years .................................................................... 919 1 ,0 4 3 8 8 .9 7 .9 8 .5 8 .6 8 .1 8 .1 8 .625 years and o v e r ................................................................ 1 ,8 9 3 2 ,0 1 9 8 5 .9 3 .1 3 .2 3 .3 3 .3 3 .3 . 3 .2

25 to 54 years ................................................................ 1 ,5 5 7 1 ,661 8 8 .3 3 .2 3 .4 3 .5 3 .4 3 .6 3 .355 years and o v e r ........................................................... 337 359 7 4 .7 2 .5 2 .8 2 .9 2 .7 2 .6 2 .7

Males, 16 years and o v e r ..................... ............................... 2 ,0 5 2 2 ,1 4 7 8 5 .5 4 .3 4 .4 4 .5 4 .4 4 .5 4 .416 to 19 years ................................................................ 521 559 6 2 .6 1 4 .3 14 .1 1 4 .6 1 4 .4 1 4 .0 1 4 .6

16 to 17 yea rs ........................................................... 275 281 4 3 .4 1 7 .8 1 8 .8 1 8 .0 1 7 .6 1 6 .3 1 8 .018 to 19 yea rs ........................................................... 246 278 8 2 .4 1 1 .8 1 1 .2 1 1 .6 1 2 .1 1 2 .4 1 2 .2

20 to 24 years....................... ...................................... 490 552 9 1 .1 7 .7 7 .9 8 .3 7 .9 7 .8 8 .325 years and ov e r ............................................................ 1 ,0 4 0 1 ,03 7 9 4 .7 2 .6 2 .7 2 .8 2 .7 2 .9 2 .6

25 to 54 years............................................................ 821 839 9 8 .6 2 .7 2 .7 2 .7 2 .7 3 .0 2 .755 years and over ..................................................... 219 197 7 8 .7 2 .6 2 .6 2 .9 2 .4 2 .3 2 .3

Females. 16 years and o v e r ................................................. 1 ,7 4 7 1 ,9 9 6 7 5 .1 5 .8 6 .6 6 .4 6 .2 5 .9 6 .416 to 19 years ................................................................ 465 523 6 1 .6 1 5 .9 1 7 .3 1 6 .2 1 5 .8 1 3 .5 1 7 .2

16 to 17 yea rs ............................................................ 221 229 4 0 .2 18.-5 2 0 .1 1 7 .8 1 9 .3 1 4 .9 1 8 .318 to 19 yea rs ............................................................ 244 294 7 8 .2 1 4 .4 1 5 .6 1 4 .4 1 3 .4 1 2 .6 1 6 .7

20 to 24 years ................................................................ 429 492 8 6 .4 8 .2 9 .3 9 .0 8 .4 8 .4 9 .025 years and o v e r ............................................................ 853 982 7 6 .7 3 .8 4 .2 4 .3 4 .2 4 .1 4 .2

•25 to 54 yea rs ........................................................... 736 821 7 8 .0 4 .1 4 .6 4 .8 4 .5 4 .4 4 .455 years and over....................................................... 117 160 7 0 .0 2 .3 3 .1 2 .9 3 .4 3 .0 3 .2


ESTABLISHMENT DATA ESTABLISHMENT DATA

Tab le B-1. Em ployees on non ag ricu ltu ra l payro lls, by industry

[In thousands]

Industry


M a y1973

M a r c h1974

A p r i l1 9 7 4 p

M a y1 9 7 4 p

M a y1973

J a n .1974

F e b .1974

M a r c h1 9 74

A p r i l1 9 7 4 p

M a y1 9 7 4 p

TOTAL ................................................. 7 5 ,4 0 4 7 6 ,1 1 7 7 6 , 6 95 7 7 ,1 9 9 7 5 ,3 2 1 76 , 526 7 6 ,8 1 3 7 6 ,8 0 4 7 6 ,9 2 8 7 7 , 110

GOODS-PRODUCING...................... 2 3 ,8 9 1 2 3 ,7 7 3 2 3 ,9 4 3 2 4 ,1 0 3 2 4 ,0 1 0 2 4 ,2 9 6 2 4 ,3 1 7 2 4 ,2 3 1 2 4 , 224 24 , 22 4

M IN IN G .................................................. 6 08 6 4 2 651 660 608 654 6 56 6 5 5 657 66 0

CONTRACT CONSTRUCTION............. 3 , 6 1 6 3 ,4 0 5 3 , 5 24 3 , 63 6 3 , 620 3 , 636 3 ,7 5 7 3 , 7 2 5 3, 6 56 3, 640

M A N U FA C TU R IN G .............................. 1 9 ,6 6 7 1 9 ,7 2 6 1 9 ,7 6 8 1 9 ,8 0 7 1 9 ,7 8 2 2 0 ,0 0 6 1 9 ,9 0 4 1 9 ,8 5 1 1 9 ,9 1 1 1 9 ,9 2 4Production w o rk e rs ..................... 1 4 ,4 5 7 1 4 ,4 0 5 1 4 ,4 5 6 1 4 ,4 8 1 1 4 ,5 5 1 1 4 ,6 8 2 1 4 ,5 6 3 1 4 ,5 1 6 1 4 ,5 8 5 1 4 ,5 8 5

DURABLE GOODS .......................... 1 1 ,5 7 5 1 1 ,6 1 0 1 1 ,6 8 8 1 1 ,6 9 1 1 1 ,6 0 2 1 1 ,7 7 4 1 1 ,6 8 3 1 1 ,6 4 4 11, 725 1 1 ,7 1 7Production w o rk e rs ..................... 8 , 5 1 4 8 ,4 5 9 8, 54 3 8 ,5 3 6 8 , 5 2 8 8 , 624 8, 5 24 8 ,4 8 9 8 , 574 8, 555

Ordnance and accessories............... 19 1 . 2 1 9 1 .2 1 9 8 .7 1 9 0 . 6 193 192 191 193 192 192Lumber and wood products........... 6 2 4 . 9 6 3 4 . 6 6 3 8 .8 6 4 1 .9 629 645 647 6 4 8 653 646Furniture and fixtures ................... 5 1 6 . 8 5 1 9 .0 5 1 7 . 6 5 1 5 . 0 523 527 523 5 2 2 523 521Stone, clay, and glass products . . . . 6 9 2 . 3 6 8 7 .9 6 9 2 . 7 6 9 8 . 7 692 7 04 702 7 03 698 699Primary metal industries ............... 1 , 3 1 0 . 3 1, 3 2 3 . 5 1 ,3 2 9 .0 1 , 3 2 9 . 0 1 ,2 9 9 1, 343 1, 331 1, 3 1 6 1, 3 1 8 1, 317Fabricated metal products............. 1 ,4 4 8 . 3 1 ,4 4 3 . 1 1 , 4 4 7 . 3 1 , 4 4 3 . 6 1 ,4 5 6 • 1 ,4 6 6 1 ,4 5 4 1 ,4 4 9 1 ,4 5 6 1 ,4 5 1Machinery, except electrical . . . . . 2 , 0 2 2 . 7 2 , 1 4 6 . 8 2 , 1 4 5 . 6 2 , 1 3 7 . 5 2 ,0 2 1 2 , 133 2 , 123 2 , 134 2 , 135 2 , 135Electrical equipment....................... 1 , 9 7 0 . 0 2 , 0 2 2 . 5 2 , 0 2 3 . 8 2 , 0 1 2 . 7 1 ,9 8 4 2 , 051 2 ,0 4 3 2 ,0 3 3 2, 0 3 6 2 , 0 27Transportation equipm ent............. 1 ,8 7 6 . 7 1, 6 8 9 . 7 1, 7 4 5 . 5 1 ,7 5 8 . 7 1 ,8 7 7 1, 753 1 ,7 0 6 1 ,6 8 1 1, 746 1, 7 59Instruments and related products .. 4 8 8 .4 5 1 9 .2 5 2 2 . 1 5 2 2 . 1 4 9 0 516 521 521 524 5 24Miscellaneous manufacturing......... 4 3 3 .0 4 3 2 . 7 4 3 5 . 8 4 4 1 . 1 4 3 8 4 4 4 4 4 2 4 4 4 4 4 4 4 4 6

NONDURABLE GOODS................... 8 ,0 9 2 8 , 116 8 , 0 8 0 8 , 116 8 , 180 8 , 232 8 , 221 8 , 2 0 7 8, 186 8 , 2 07Production w o rk e rs ..................... 5 ,9 4 3 5, 9 4 6 5 ,9 1 3 5 ,9 4 5 6 , 0 23 6, 0 5 8 6 ,0 3 9 6 , 0 2 7 6, 011 6 , 0 3 0

Food and kindred p roducts........... 1 , 6 7 3 . 4 1, 6 8 6 , 4 1 ,6 6 9 . 2 1 , 6 9 0 . 7 1 ,7 3 6 1, 754 1, 755 1, 7 6 4 1, 750 1, 754

Tobacco manufactures................... 6 7 . 6 7 0 .6 6 9 .9 6 9 . 7 76 76 76 77 78 78Textile mill p roducts..................... 1 , 0 2 0 . 2 1, 0 1 7 . 7 1 , 0 1 3 . 9 1 , 0 0 9 . 7 1 ,0 2 2 1 ,0 2 9 1 ,0 2 5 1 ,0 1 9 1 ,0 1 6 1 ,0 1 2Apparel and other textile products . 1 , 3 5 0 . 7 1, 3 0 2 . 7 1 , 2 9 4 . 9 1 ,2 9 3 . 6 1, 351 1, 315 1 ,3 0 9 1 ,2 9 4 1, 297 1 ,2 9 4Paper and allied products............... 7 1 1 . 3 7 2 4 .7 7 2 5 . 9 7 2 4 . 5 719 729 729 7 3 0 730 733Printing and publishing................... 1 , 0 9 1 . 9 1, 1 0 4 .5 1, 1 0 1 .2 1 , 1 0 4 . 4 1 ,0 9 5 1, 106 1, 109 1, 105 1, 102 1, 108Chemicals and allied products......... 1 ,0 2 2 . 8 1 ,0 4 5 . 7 1 , 0 4 5 .1 1 ,0 4 8 . 2 1 ,0 2 5 1, 0 4 6 1 ,0 4 5 1 ,0 4 8 1 ,0 4 5 1 ,0 5 0Petroleum and coal p roducts......... 1 8 1 .7 1 8 7 . 1 1 8 8 . 6 1 9 1 . 3 182 193 192 190 191 191Rubber and plastics products, n ec .. 6 7 3 . 9 6 8 3 . 7 6 7 8 .9 6 8 8 . 7 6 7 6 693 690 6 8 6 682 691Leather and leather products......... 2 9 8 . 2 2 9 2 .5 2 9 2 . 2 2 9 5 . 3 2 9 8 291 291 2 9 4 295 2 9 6

SERVICE-PRODUCING.................. 5 1 ,5 1 3 5 2 ,3 4 4 5 2 ,7 5 2 5 3 ,0 9 6 5 1 ,3 1 1 5 2 ,2 3 0 5 2 ,4 9 6 5 2 ,5 7 3 5 2 , 704 5 2 ,8 8 6

TRANSPORTATION AND PUBLICUTILITIES ........................................... 4 , 5 9 3 4 , 6 3 4 4 , 6 3 0 4 , 6 67 4 , 593 4 , 684 4 , 691 4 , 6 7 6 4 , 663 4 , 6 67

WHOLESALE AND RETA IL TRADE . . 1 6 ,2 0 0 16, 187 1 6 ,4 2 2 1 6 ,5 2 2 16 , 2 5 6 1 6 ,4 1 7 1 6 ,4 7 2 1 6 ,4 8 7 16, 542 16, 581

WHOLESALE T R A D E ..................... 4 , 0 1 4 4 , 148 4 , 155 4 , 180 4 , 0 4 6 4 , 184 4 , 192 4 , 190 4 , 201 4 , 2 1 4RETA IL TRADE .............................. 1 2 ,1 8 6 1 2 ,0 3 9 1 2 ,2 6 7 1 2 ,3 4 2 1 2 ,2 1 0 1 2 ,2 3 3 1 2 ,2 8 0 1 2 ,2 9 7 1 2 ,3 4 1 1 2 ,3 6 7

FINANCE, INSURANCE, ANDREAL E S T A T E .................................... 4 , 0 4 0 4 , 102 4 , 123 4 , 147 4 ,0 4 4 4 , 109 4 , 124 4 , 127 4 , 135 4 , 151

SERVICES ............................................. 1 2 ,8 6 5 1 3 ,1 4 7 1 3 ,2 8 7 1 3 ,4 1 8 1 2 ,7 7 6 13, 136 1 3 ,2 1 5 1 3 ,2 4 0 1 3 ,2 6 0 1 3 ,3 2 5

GOVERNM ENT....................................... 1 3 ,8 1 5 1 4 ,2 7 4 1 4 ,2 9 0 1 4 ,3 4 2 1 3 ,6 4 2 13 , 884 1 3 ,9 4 4 1 4 ,0 4 3 1 4 ,1 0 4 1 4 ,1 6 2

FED ERAL........................................... 2 , 6 3 8 2 , 6 6 7 2 , 6 8 4 2 , 6 9 2 2 , 641 2 , 651 2 , 670 2 , 6 7 5 2 , 681 2, 6 95STATE AND L O C A L ........................ 1 1 ,1 7 7 1 1 ,6 0 7 1 1 ,6 0 6 1 1 ,6 5 0 1 1 ,0 0 1 1 1 ,2 3 3 1 1 ,3 2 4 1 1 ,3 6 8 1 1 ,4 2 3 * 1 1 ,4 6 7

p re lim in ary .


Table B-2. A verage w eekly hours of production or nonsupervisory w o rk e rs1 on private non agricu ltural

payro lls, by industry



Industry M a y1973

M a r c h1 9 7 4

A p r i l

1 9 7 4 p

M a y1 9 7 4 p

M a y1973

J a n .1 9 7 4

F e b .1 9 7 4

M a r c h1 9 7 4

A p r i l1 9 7 4 p

M a y1 9 7 4 p

TOTAL PRIVATE................................ 3 7 . 0 3 6 . 6 3 6 .3 3 6 . 6 3 7 .2 3 6 . 7 3 7 . 0 3 6 . 8 3 6 . 6 3 6 . 8

M IN IN G ....................................................... 4 2 . 4 4 2 . 4 4 2 . 4 4 2 . 9 4 2 . 5 4 2 . 6 4 3 .4 4 2 . 9 4 2 . 4 4 3 . 0

CONTRACT CONSTRUCTION................. 3 7 . 5 3 6 .7 3 6 . 1 3 6 .9 3 7 . 5 3 6 .2 3 7 .7 3 7 . 1 3 6 . 3 ‘3 6 .9

M ANUFACTURING ........... ..................... 4 0 . 7 4 0 .3 3 9 .2 4 0 .3 4 0 .7 4 0 .3 4 0 .5 4 0 .4 3 9 . 4 4 0 .3Overtime h o u rs ............................. 3 . 8 3 . 4 2 . 7 3 . 4 3 . 9 3 . 4 3 . 5 3 . 6 2 . 9 3 . 5

DURABLE GO O D S............................... 4 1 .6 4 0 . 9 3 9 . 6 4 1 .0 4 1 . 6 4 0 . 8 4 1 . 1 4 0 .9 3 9 .8 4 1 . 0Overtime h o u rs ............................. 4 . 1 3 . 6 2 . 7 3 . 6 4 . 2 3 . 5 3 . 6 3 .7 2 . 9 3 .7

Ordnance and accessories................... 4 1 .9 4 2 . 9 4 1 .5 4 2 . 5 4 1 .9 4 1 .9 4 2 . 1 4 2 .7 4 1 . 5 4 2 . 5Lumber and wood products............... 4 1 .0 4 0 .2 4 0 . 1 4 0 .7 4 0 . 7 4 0 .4 4 0 . 6 4 0 . 3 4 0 . 1 4 0 . 4Furniture and fixtures....................... 3 9 . 8 3 9 .2 3 8 .4 3 9 . 0 4 0 . 1 3 9 .8 3 9 . 7 3 9 .5 3 8 . 9 3 9 .3Stone, clay, and glass products........... 4 2 . 4 4 1 .5 4 1 .0 4 1 .5 4 2 .3 4 1 . 6 4 1 .9 4 1 . 7 4 1 . 1 4 1 .4Primary metal industries................... 4 2 . 1 4 1 .7 4 1 .5 4 1 .9 4 1 .9 4 1 .8 4 1 .4 4 1 . 5 4 1 .2 4 1 . 7Fabricated metal products................. 4 1 . 7 4 1 . 1 3 9 .4 4 1 .3 4 1 . 6 4 1 . 0 4 1 .2 4 1 .3 3 9 .7 4 1 .2Machinery, except electrical............... 4 2 . 6 4 2 .7 4 0 .7 4 2 . 5 4 2 . 6 4 2 .3 4 2 . 5 4 2 .4 4 0 . 8 4 2 . 5Electrical equipm ent......................... 4 0 . 5 3 9 - 9 3 8 .8 4 0 . 1 4 0 . 6 3 9 . 6 4 0 .2 3 9 - 9 3 9 . 1 4 0 .2Transportation equipment................. 4 2 .3 4 0 .3 3 8 . 1 4 0 . 5 4 2 . 1 4 0 . 0 4 0 . 6 4 0 .3 3 9 . 0 4 0 .3Instruments and related products----- 4 0 . 6 4 0 . 5 3 9 .3 4 0 .5 4 0 .7 4 0 . 6 4 0 .8 4 0 . 5 3 9 .4 4 0 . 6Miscellaneous manufacturing............. 3 9 .0 3 8 .9 3 7 .7 3 8 .9 3 9 . 1 3 8 .3 3 9 . 0 3 8 .9 3 7 .7 3 9 . 0

NONDURABLE GO O D S....................... 3 9 .5 3 9 .3 3 8 . 5 3 9 - 3 3 9 . 6 3 9 . 6 3 9 .6 3 9 .5 3 8 .8 3 9 .4Overtime h o u rs .............................. 3 . 3 3 . 1 2 . 6 3 . 1 3 . 4 3 . 4 3 .3 3 . 3 2 . 8 3 . 2

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

TRANSPORTATION AND PUBLIC U T IL IT IE S ................................................. 4 0 . 7 4 0 . 1 4 0 . 6 4 0 .4 4 1 . 0 4 0 .8 4 0 .4 4 0 . 3 4 1 . 1 4 0 . 7

WHOLESALE AND RETA IL T R A D E ____ 3 4 . 5 3 4 . 0 3 4 . 1 3 4 . 0 3 4 .8 3 4 .3 3 4 .4 3 4 .3 3 4 .5 3 4 .3

WHOLESALE TR A D E ............................ 3 9 .5 3 8 . 8 3 8 . 6 3 8 .8 3 9 .7 3 9 . 1 3 8 .9 3 8 .9 3 8 .8 3 9 . 0RETA IL T R A D E .................................... 3 3 . 0 3 2 .4 3 2 .7 3 2 .5 3 3 .4 3 2 .8 3 3 .0 3 2 .9 3 3 . 1 3 2 .9

FINANCE. INSURANCE, ANDREAL ESTATE........................................... 3 6 .9 3 6 .9 3 6 .8 3 6 .8 3 7 . 0 3 6 .9 3 7 .0 3 6 .9 3 6 .8 3 6 .9

SERV ICES................................................... 3 3 .9 3 3 . 9 3 3 .8 3 3 .8 3 4 .2 3 4 .0 3 4 . 1 3 4 . 0 3 3 . 9 3 4 . 1

1 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.


Table B-3. A verage hourly and w eekly earnings of production or nonsupervisory w orkers1 on private

nonagricu ltural payrolls, by industry


IndustryAverage hourly earnings Average weekly earnings

M a y

1973

M a r c h1 9 7 4

A p r i l1 9 7 4 p

M a y1 9 7 4 P

M a y1973

M a r c h1 9 7 4

A p r i l1 9 7 4 p

M a y1 9 7 4 p

TOTAL PRIVATE............................................................... $ 3 .8 5 $4 . 06 $4 . 07 $ 4 . 14 $ 1 4 2 .4 5 $ 1 4 8 .6 0 $ 1 4 7 . 74 $ 1 5 1 . 52

Seasonally a d ju s te d ............................................................................ 3 . 85 4 . 07 4 . 08 4 . 14 1 4 3 .2 2 1 4 9 -7 8 1 4 9 .3 3 1 5 2 .3 5

M IN IN G ................................................................................................... 4 . 61 4 . 9 9 5 . 07 5 . 08 1 9 5 . 4 6 2 1 1 .5 8 2 1 4 .9 7 2 1 7 .9 3

CONTRACT CONSTRUCTION.............................................................. 6 . 34 6 .7 5 6 . 78 6 . 81 2 3 7 .7 5 2 4 7 .7 3 2 4 4 .7 6 . 2 5 1 .2 9

MANUFACTURING ............................................................................... 4 . 02 4 . 2 4 4 . 2 4 4 . 32 1 6 3 .6 1 1 7 0 .8 7 1 6 6 .2 1 1 7 4 .1 0

DURABLE GOODS............................................................................. 4 . 2 8 4 . 50 4 . 50 4 . 60 1 7 8 .0 5 1 8 4 . 05 1 7 8 .2 0 1 8 8 .6 0

Ordnance and accessories ............. ................................................ 4 .2 3 4 . 53 4 . 53 4 . 61 1 7 7 .2 4 1 9 4 .3 4 1 8 8 .0 0 1 9 5 .9 3Lumber and wood products ......................................................... 3 . 54 3 . 7 4 3 . 7 6 3 . 8 0 1 4 5 .1 4 1 5 0 .3 5 1 5 0 . 78 1 5 4 .6 6Furniture and fixtures.................................................................... 3 . 2 4 3 .4 1 3 . 4 2 3 .4 8 1 2 8 .9 5 1 3 3 .6 7 1 3 1 .3 3 1 3 5 .7 2Stone, clay, and glass products...................................... ................. 4 . 14 4 .3 3 4 . 3 8 4 . 4 4 1 7 5 .5 4 1 7 9 .7 0 1 7 9 .5 8 1 8 4 . 2 6Primary metal industries................................................................ 4 . 9 5 5 . 3 0 5 . 3 8 . 5 . 5 0 2 0 8 .4 0 2 2 1 .0 1 2 2 3 .2 7 2 3 0 . 45Fabricated metal products.............................................................. 4 .2 1 4 . 43 4 . 4 0 4 . 52 1 7 5 .5 6 1 8 2 .0 7 1 7 3 .3 6 1 8 6 .6 8Machinery, except electrical............................................................ 4 . 50 4 . 78 4 . 73 4 . 85 1 9 1 .7 0 2 0 4 . 11 1 9 2 .5 1 2 0 6 .1 3Electrical equipm ent....................................................................... 3 .8 1 3 . 9 9 3 . 9 9 4 . 07 1 5 4 .3 1 1 5 9 .2 0 1 5 4 .8 1 1 6 3 .2 1Transportation equipment............. ................................................. 5 . 0 0 5 .2 7 5 .2 5 5 .4 1 2 1 1 .5 0 2 1 2 .3 8 2 0 0 . 03 2 1 9 . HInstruments and related products ................................................. 3 . 8 6 4 . 06 4 . 05 4 . 10 1 5 6 .7 2 1 6 4 .4 3 1 5 9 .1 7 1 6 6 .0 5Miscellaneous manufacturing ........................................................ 3 . 2 6 3 .4 3 3 .4 3 3 .4 7 1 2 7 .1 4 1 3 3 .4 3 1 2 9 .3 1 1 3 4 .9 8

NONDURABLE GOODS..................................................................... 3 . 64 3 . 8 5 3 . 8 6 3 .9 1 1 4 3 .7 8 1 5 1 .3 1 1 4 8 .6 1 1 5 3 .6 6

Food and kindred products............................................................ 3 . 82 4 . 05 4 . 07 4 . 12 1 5 3 .5 6 1 6 1 .6 0 1 5 9 .5 4 1 6 6 .8 6

Tobacco manufactures .................................................................. 3 . 84 4 . 01 4 . 11 4 . 2 0 1 4 4 .3 8 1 4 5 .9 6 1 5 3 .7 1 1 5 5 .8 2

Textile mill products....................................................................... 2 . 9 0 3 . 07 3 . 0 4 3 . 10 1 1 8 .0 3 1 2 3 .7 2 1 1 8 .2 6 1 2 4 .3 1

Apparel and other textile products............................................... 2 . 7 4 2 . 8 7 2 . 89 2 .9 5 9 8 .3 7 1 0 2 .1 7 9 9 .7 1 1 0 4 .7 3

Paper and allied products .............................................................. 4 . 12 4 . 33 4 . 3 5 4 .3 8 1 7 5 .5 1 1 8 3 .1 6 1 8 0 . 53 1 8 5 .2 7

Printing and publishing................................................................... 4 . 67 4 . 85 4 . 8 4 4 . 92 1 7 6 . 99 1 8 2 .3 6 N 1 7 8 . 60 1 8 4 .5 0

Chemicals and allied products........................................................ 4 . 42 4 . 65 4 . 69 4 . 70 1 8 5 .6 4 1 9 4 .3 7 1 9 7 .4 5 1 9 5 .0 5

Petroleum and coal products.......................................................... 5 .2 2 5 . 42 5 . 5 4 5 . 49 2 2 0 . 81 2 2 8 .7 2 2 3 7 .1 1 2 3 3 .8 7

Rubber and plastics products, n e c ................................................. 3 .7 1 3 .9 3 3 . 8 6 3 .9 2 1 5 1 .3 7 1 5 9 .5 6 1 5 1 .3 1 1 5 7 . 19

Leather and leather products.......................................................... 2 . 80 2 . 9 4 2 . 9 5 3 . 01 1 0 6 .6 8 1 1 1 . 13 1 0 7 .9 7 1 1 4 .6 8

TRANSPORTATION AND PUBLIC U T IL IT IE S .................................. 4 . 96 5 .2 3 5 . 2 8 5 .3 1 2 0 1 .8 7 2 0 9 .7 2 2 1 4 .3 7 2 1 4 .5 2

WHOLESALE AND RETA IL T R A D E ................................................... 3 . 17 3 . 38 3 . 3 8 3 .4 3 1 0 9 .3 7 1 1 4 .9 2 1 1 5 .2 6 1 1 6 . 62

WHOLESALE T R A D E ......................................................................... 4 . 09 4 .3 3 4 . 3 7 4 . 40 1 6 1 .5 6 1 6 8 .0 0 1 6 8 .6 8 1 7 0 . 72RETA IL T R A D E .................................. ............................................... 2 . 84 3 . 01 3 . 01 3 . 07 9 3 . 72 9 7 . 52 9 8 .4 3 9 9 .7 8

FINANCE, INSURANCE, AND REAL E S T A T E ................................... 3 . 5 7 3 . 7 5 3 . 7 6 3 .7 8 1 3 1 .7 3 1 3 8 .3 8 1 3 8 .3 7 1 3 9 .1 0

SE R V ICE S................................................................................................ 3 .3 2 3 . 5 4 3 . 56 3 . 6 0 1 1 2 .5 5 1 2 0 . 01 1 2 0 .3 3 1 1 2 1 .6 8

1 See footnote 1. table B-2. p=prdiminary.



Table B>4. Hourly Earnings Index for production or nonsupervisory w orkers in private nonfarm industries,

seasonally adjusted

[1967=100]__________________________________________________________________________________________________________________________________________________________________________________

Percent change from

Industry May1973

D ec .1973

J a n .1974

F eb .1974

M arch1974

A p r i l1974p

May1974p

May 1973- May 1974

■ A p r i l 1974- May 1974

TOTAL PRIVATE NONFARM:

Current dollars ........................................................... 1 4 4 .7 1 5 1 .3 1 5 1 .7 1 5 2 .5 1 5 3 .5 1 5 4 .5 1 5 5 .9 7 .7 0 .9

Constant (1967) dollars ..................... ................... 1 1 0 .1 1 0 9 .2 1 0 8 .4 1 0 7 .6 1 0 7 .2 1 0 7 .3 NA 1/ 2/

MINING ............................................................................ 1 4 4 .8 1 5 2 .1 1 5 4 .2 1 5 4 .8 1 5 6 .1 1 5 7 .7 1 5 8 .6 9 .5 .6

CONTRACT CONSTRUCTION ...................................... 1 5 3 .7 1 6 1 .2 1 6 0 .5 1 6 2 .5 1 6 3 .6 1 6 4 .6 1 6 4 .6 7 .1 3/

MANUFACTURING ....................................................... 1 4 1 .8 1 4 7 .9 1 4 8 .5 1 4 9 .3 1 5 0 .1 1 5 1 .4 1 5 3 .2 8 .0 1 .2

TRANSPORTATION AND PUBLIC U T IL IT IE S ........... 1 5 3 .5 1 6 0 .2 1 6 1 .1 1 6 2 .2 1 6 3 .0 1 6 4 .4 1 6 4 .7 7 .3 .2

WHOLESALE AND RETA IL TRADE ............................1 4 1 .7 1 4 7 .9 1 4 8 .8 1 4 9 .1 1 5 0 .4 1 5 0 .9 1 5 3 .1 8 .0 1 .5

FINANCE, INSURANCE, AND REAL E S T A T E ...........1 3 8 .5 1 4 5 .5 1 4 5 .2 1 4 5 .2 1 4 5 .5 1 4 6 .9 1 4 7 .5 6 .5 .4

S E R V IC E S ........................................................................ 1 4 4 .7 1 5 1 .3 1 5 2 .1 1 5 2 .9 1 5 3 .8 1 5 5 .2 1 5 6 .5 8 .1 .9

1 P e r c e n t ch a n ge was - 2 . 9 fr o m A p r i l 1973 t o A p r i l 1974 , th e l a t e s t m onth a v a i l a b l e .2 P e r c e n t ch a n ge was 0 .1 fr o m M arch 1974 t o A p r i l 1974 , th e l a t e s t m onth a v a i l a b l e .* L e s s th a n 0 .0 5 p e r c e n t .N .A .= n o t a v a i l a b l e .

' p - p r e l i m i n a r y .

NOTE: All series are in current dollars except where indicated. The index excludes effects o f two types o f changes that are unrelated to underlying wage-rate developments: Fluctuations in overtime premiums in manufacturing (the only sector for which overtime data are available) and the effects o f changes in the proportion of workers in high-wage and low-wage industries. The seasonal adjustment eliminates the effect o f changes that normally occur at the same time and in about the same magnitude each year.

The constant dollars hourly earnings index series may have been revised, reflecting the calculation o f new seasonal adjustment factors for the Consumer Price Index. The revised historical series will be published in the June 1974 issue o f E m ploym ent and Earnings.


LABOR FORCE, EMPLOYMENT, UNEMPLOYMENTHOUSEHOLD DATA - SEASONALLY ADJUSTED

1 . LABOR FORCE AND EMPLOYMENT_____ C I V I L I A N LABOR FORCE_____ TO TA L EMPLOYMENT........... N O N AGR ICULTUR AL EMPLOYMENT

THOUSANDS

196S 1966 1967 1968 1969 1970 1971 1972 1973 1974

2 . TOTAL EMPLOYMENT_____ ADULT MEN_____ ADULT WOMEN........... TEEN AG ER S

THOUSANOS

1965 1966 1967 1968 1969 1970 1971 1972 1973 1974

3. UNEMPLOYMENT_____ A L L C I V I L I A N WORKERS_____ F U L L - T I M E WORKERS_____ MARRIED MEN

THOUSANOS

4. UNEMPLOYMENT_____ ADULT MEN— — ADULT WOMEN ....___ TEEN A G ER S

THOUSANDS

2 2 5 0

2000

1750

1500

1250

1000

7 5 0

1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974500


UNEMPLOYMENT RATESHOUSEHOLD DATA - SEASONALLY ADJUSTED

S. UNEMPLOYMENT RATES 6. UNEMPLOYMENT RATESA L L C I V I L I A N WORKERS S T A T E INSUREO flARR IEO HEN

TEEN AGER S AOULT WOMEN ADULT MEN

PER CEN T

1965 1966 1967 1968 1969 1970 1971 1972 t9 7 3 1974

PER CEN T

1965 1966 1967 1968 1969 1970 1971 1972 1973 1974

20. 0

1 5 .0

10.0

5 . 0

0 . 0

7. UNEMPLOYMENT RATES 8- UNEMPLOYMENT RATES

NEGRO AND OTHER R ACES WHITE

P A R T -T IM E WORKERS F U L L - T I M E WORKERS

P ER C EN T

1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1965 1966 1967 1968 1969 1970 1971 1972 1973 19?4

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 o f average covered employment. The figures are der.ved from administrative records of unemployment insurance

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

UNEMPLOYMENTHOUSEHOLD OATA - SEASONALLY ADJUSTED

9. UNEMPLOYMENT RATES 10- UNEMPLOYMENT RATES_____ BLU E CO LLAR WORKERS_____ S E R V IC E WORKERS_____ WHITE CO LLAR WORKERS

PER CEN T PER CEN T

CON STRUCTIO NMANUFACTURING

1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974

1 5 .0

1 2 .5

10.0

7 . 5

5 . 0

2 . 5

0 . 0

11 . AVERAGE DURATION OF UNEMPLOYMENT

WEEKS

12. UNEMPLOYMENT BY REASON_____ JO B LO SER S_____ R EEN TR A N TS........... NEW EN TRAN TS_____ JO B LE A V E R S

THOUSANDS

1967 1968 1969 1970 1971 1972 1973 1974


13. EMPLOYMENT 14- MAN-HOURS

NONAGRI CULTURAL EMPLOYMENT AND HOURSESTABLISHMENT DATA - SEASONALLY ADJUSTED

_____ TO TA L N ON AGRICULTURAL_____ S ER V IC E -P R O O U C IN G........... GOODS-PROOUCING_____ MANUFACTURING

THOUSANDS

1965 1966 1967 1968 1969 1970 1971 1972 1973 1974

_____ TO TA L P R IV A T E N O N A GR ICU LTU R AL_____ P R IV A T E S E R V IC E -P R O D U C IN G...... . GOOOS-PRODUCING_____ MANUFACTURING

M ILLIO N S OF MAN-HOURS

1965 1966 1967 1968 1969 1970 1971 1972 1973 1974

15. AVERAGE WEEKLY HOURS 16

M ANUFACTURING TO TA L P R IV A T E

HOURS

1965 1966 1967 1968 1969 1970 1971 1972 1973 1974

4 2 .0

41 .0

4 0 .0

3 9 .0

3 8 .0

3 7 .0

3 6 .0

AVERAGE WEEKLY OVERTIME HOURS IN MANUFACTURING

HOURS

1965 1966 1967 1968 1969 1970 1971 1972 1973 1974

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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