bls_employnews_196602.pdf
TRANSCRIPT
fromNEWS U.S. DEPARTMENT OF LABORW. Willard Wirtz, Secretary
USDL - 7085
FO R RE LE ASE : IM M E D IA TETuesday, M arch 8, 1966
U. S. D E P A R T M E N T OF LAB O R BLS, 961 - 2634
THE E M P L O Y M E N T S ITU ATIO N : FE B R U AR Y 1966
The number of unemployed persons, which usually r is e s in February, declined
by over 100, 000, arid the unemployment rate dropped from 4. 0 to 3C 7 percent, the
U. S. Departm ent o f Labor* s Bureau of Labor Statistics reported today.
Th is was the f ir s t tim e in nearly 9 years that the unemployment rate had dropped below 4. 0 percent and was the low est figu re since the 3. 5 percent rate in Novem ber 1953. Em ploym ent in creased between January and February, and the 0ain among nonfarm wage and sa lary w orkers was la rg e r than expected fo r these months. The w orkw eek fo r manufacturing production w orkers reached the highest seasonally adjusted le v e l since W orld W ar II.
Tota l Em ploym ent
Employment^ at 71. 6 m illion in February, was up by 300, 000 from January. Although this was sligh tly less than the expected gain, it fo llow ed seve ra l months of exceptionally rapid "growth. The seasonally adjusted em ploym ent decline in February, as re flec ted in the household survey, was among se lf-em p loyed persons and dom estics, groups whose em ploym ent is d ifficu lt to m easure on a m onth-to- month basis* Data from the establishm ent payro ll survey (d iscussed below under Industry D evelopm ents) showed continued strong gains in nonfarm payro ll em p loyment.
To ta l em ploym ent rose by nearly 2. 1 m illion from Febru ary 1965. E m p loyment gains from a year e a r lie r amounted to 900, 000 fo r teenagers, 850, 000 fo r adult women, and 300, 000 fo r adult men* M ore than one-th ird of the o ve r-th e -y ea r in crease in em ploym ent took place among voluntary part-tim e w ork ers , who rep resen t only one-seventh o f the c iv ilian labor fo rce .
Included among the em ployed in February w ere 1*6 m illion nonagricultural w orkers on part tim e fo r econom ic reasons. The number of these involuntary part- tim e w ork ers dropped by 300, 000 from a year e a r lie r . On a seasonally adjusted basis, such part-tim e em ploym ent equaled the low est figu re recorded since this >eries f ir s t becam e ava ilab le in M ay 1955.
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The Em ploym ent SituationPage 2M arch 8, 1966
Industry Developm ents
Nonfarm payro ll em ploym ent rose by 80, 000 to 6 10 1 m illion in February, although a decline is usual fo r this tim e of yea r. A fte r allowance fo r seasonal fa ctors , payro ll em ploym ent advanced by 250,000, with the la rg es t gain (125,000) taking place in m anufacturing. T rade, s e rv ices , and State and loca l governm ent each showed seasonally adjusted in creases of about 50, 000, while contract construction em ploym ent declined by 30,000. (These data exclude the se lf-em p loyed , unpaid fam ily w orkers , and private household w orkers , who are included in the total em ploym ent figu res . )
The number of em ployees on nonfarm payro lls was up by 2. 8 m illion from a year ago. A ll m ajor industry d iv is ions except m ining contributed to the o ve r- th e-year gain. Since the recess ion trough in F ebru ary 1961, payro ll em ploym ent has in creased by nearly 9 m illion ; m ore than half of this r ise has taken place in the last 2 years .
Manufacturing em ploym ent, which usually shows litt le change between January and February, rose by 140,000 to 18. 4 m illion . The la rg es t in crease (65, 000) took place in apparel, as em ploym ent rebounded from the seasonal downturn and the New Y o rk C ity transit strike. Job strength was also evident in most, of the durable goods industries. Seasonally adjusted em ploym ent in creases of about 30, 000 each occu rred in e le c tr ic a l equipment and transportation equipment, while fab rica ted m etals and m ach inery each advanced by 10, 000o
Since Feb ru ary 1965, manufacturing em ploym ent has risen by 950, 000; this was the la rges t F eb ru a ry -to -F eb ru a ry gain since 1952-53. The in crease was concentrated in the durable goods s e c to r --e sp e c ia lly m ach inery, e le c tr ic a l equipment, and transportation equipment, where the combined r is e totaled 500, 000. F ou r-fifth s of the em ploym ent in crease over the year occu rred among production w orkers .
Contract construction em ploym ent declined m ore than usual in February, as bad weather curta iled outdoor w orkc At 2. 8 m illion , construction em ploym ent was up by 120, 000 from a year e a r lie r .
Despite substantial gains in manufacturing and construction em ploym ent, the m a jo r ity of the new jobs created since F ebru ary 1965 w ere in the s e rv ic e - producing industries. State and loca l governm ent and trade (up 500, 000 each) and m iscellaneous se rv ic es (up 400,000) provided the bulk of the in crease.
F acto ry Hours and Earnings
The workweek rose 0. 1 hour to 41. 3 hours in February. On a seasonally adjusted basis, it was at its highest le v e l since W orld W ar II. Hours continued to be re la t iv e ly high in m ost industries, espec ia lly in ordnance, fabrica ted m eta ls ,
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The Em ploym ent SituationPage 3M arch 8, 1966
transportation equipment, and m achinery. The w orkw eek included an average of 3. 7 hours of overtim e at prem ium pay, unchanged from January, but the h ighest Feb ru ary le v e l since this se r ies orig inated in 1956.
Between January and February, average w eek ly earnings edged up by 27 cents to $110. 27 because of the in crease in hours. H ow ever, hourly earnings, at $2.67, w ere unchanged from the January a lltim e high.
Unem ploym ent
Unem ploym ent fe l l to 3, 150, 000 in February, a decline of m ore than 100, 000 from January, although a sm all in crease is usual fo r this time of yea r. In February there w ere 1. 5 m illion adult men, 950, 000 adult women, and 700, 000 teenagers unemployed. N ea r ly half of the unemployed teenagers and on e-fifth of the women w ere seeking part-tim e jo b s c H ow ever, only 100,000, or 7 percent, of the adult m en w ere looking fo r part-tim e w ork0 A ltogether, 600,000, or about 20 percent, of the unemployed w ere seeking part-tim e jobs.
The unemployment rate fo r adult men continued at the low le v e l of 2. 6 p e r cent fo r the th ird consecutive month. The rates fo r men 20-24 yea rs of age (4. 4 percen t) and 25 years and over (2C 3 percen t) rem ained at their low est le v e ls since 1953. Among adult women, the rate continued to edge downward, reaching 3. 6 percent in February and equaling the low est rate recorded during the 1955-57 expansion,,
The teenage rate, which has declined unevenly since m id- 1965, reached 11 percen t in February. Teenagers accounted fo r about half of the decline in unemploym ent over the month, as many youngsters in school gave up the search fo r part-tim e job sc N orm a lly between January and February, the number of teenagers in school declines, while the number in the labor fo rce r is e s . H ow ever, the pattern was re ve rsed this year.
The job less rate fo r teenagers was down from 14. 5 percent a year ago and back to the 11 percent le v e l of late 1957 fo r the f ir s t tim e.
The unemployment rate fo r nonwhite w orkers rem ained unchanged from its January le v e l of 7. 0 percent, while the white rate m oved down from 3. 5 to 3. 3 percent. The nonwhite rate was down sign ifican tly from 9* 2 percen t a year ago.Both the white and nonwhite rates w ere at the ir low est le v e ls since these data becam e availab le in January 1954.
The number o f persons unemployed fo r 15 weeks or longer was unchanged over the month but down 400, 000 from a year e a r lie r . On a seasonally adjusted basis, lon g -te rm unemployment was at its low est point since Septem ber 1957.
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The Em ploym ent SituationPage 4M arch 8, 1966
State insured unemployment, which usually shows little change at this tim e of year, declined s ligh tly between m id-January and m id -F eb ru a ry to about l c6 m illion . The la rges t reduction (70,000) took place in New York fo llow ing se tt le ment of the transit s trike. On a seasonally adjusted basis, the rate of insured job lessn ess edged down from 2.8 to 2. 7 percent over the month.
* $ $ $ $ $ $
M ore deta iled analyses and statistics w ill be presented in Em ploym ent and Earnings and Monthly R eport on the Labor F o r c e , which w ill becom e ava ilab le on M ar c h i 6, 1966.
This re lea se presents and analyzes s ta tis tics from two m a jor surveys. Data on labor fo rce , total em ploym ent, and unemployment are d erived from the sample survey of households conducted and tabulated by the Bureau of the Census fo r the Bureau of Labor Statistics,, Statistics on industry em ploym ent, hours, and earnings are co llected by State agencies from payro ll reco rds of em p loyers and are tabulated by the Bureau of Labor Statistics. A descrip tion of the two surveys appears in the B L S publication Em ploym ent and E a r n i n g s and Monthly R eport orT“the Labor F o rce .
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Table A-1: Employment status of the non institutional population, by age and sex(In thousands)
Employment status, age, and sexTab.1966
Jan.1966
Tab.1965
Seasonally adjusted
Fab.1966
Jan.1966
Dao.1965
Not*1965
Oct.1965
TotalTotal labor force................................... 77,632 77,409 76,418 79,279 79,644 79,408 78*906 78*606Civilian labor force.............................. 74,708 74,519 73,714 76,355 76,754 76,567 76*111 75*846
Employed.......................................... 71,551 71,229 69,496 73,521 73,715 73,441 72*914 72*561Agriculture................................... 3,612 3,577 3,803 4,442 4,429 4,486 4*273 4*551Nonagricultural industries........... 67,939 67,652 65,694 69,079 69,286 68,955 68*641 68*010
On part time for economicreasons ................................... 1,603 1,766 1,909 1,681 1,819 1,745 1*819 1*821
Usually work full tim e.......... 871 972 927 899 902 766 817 848Usually work part time.......... 732 794 982 782 917 979 1*002 973
Unemployed..................................... 3,158 3,290 4,218 2,834 3,039 3,126 3*197 3*285
Men, 20 years and overCivilian labor force.............................. 44,390 44,264 44,677 44,823 44,788 44,751 44*565 44*539
Employed................................... .. 42,880 42,739 42,568 43,680 43,604 43,579 43*330 43*234Agriculture................................... 2,760 2,722 2,990 2,990 2,936 3,035 2*933 3,131Nonagricultural industries.......... 40,120 40,017 39,579 40,690 40,668 40,544 40*397 40*103
Unemployed . . . . ......................... 1,511 1,525 2,108 1,143 1,184 1,172 1*235 1*305
Women, 20 years and overCivilian labor force.............................. 23,954 23,784 23,463 24,016 24,145 24,121 23,967 23*779
Employed.......................................... 22,997 22,783 22,157 23,145 23,228 23,151 22*937 22*790Agriculture................................... 472 476 475 754 765 769 684 749Nonagricultural industries . . . . . 22,525 22,306 21,682 22,391 22,463 22,388 22*253 22*041
Unemployed.............................. 958 1,001 1,306 871 917 964 1*030 989
Both sexes, 14*19 yearsCivilian labor force............... .............. 6,364 6,471 5,574 7,516 7,821 7,695 7*579 7*528
Employed........................................ .. 5,674 5,708 4,771 6,696 6,883 6,705 6*647 6*537Agriculture ................................ 380 379 338 698 728 682 656 671Nonagricultural industries............ 5,293 5,329 4,433 5,998 6,155 6,023 5*991 5*866
Unemployed..................................... 689 763 803 820 938 990 932 991
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Table A-2: Major unemployment indicators
Selected categories
Thousands of persons unemployed
Seasonally adjusted rates of unemployment
Feb.1966
Feb.1966
Jan.1966
Dec,1965
No t ,1965
Oct.1965
Feb,1965
Total (all civilian workers). . . 3,156 3.7 4.0 4.1 4.2 4.3 5.0
Men, 20 years and over . . . . 1,511 2.6 2.6 2.6 2.8 2.9 3.520-24 years...................... 262 4.4 4.2 5.1 5.7 5.5 7.025 years and o ve r ............ 1,249 2.3 2.5 2.3 2.5 2.6 3.2
Women, 20 years and over. . . 958 3.6 3.8 4.0 4.3 4.2 5.1Both sexes, 14-19 years • • . 689 10.9 12.0 12.9 12.3 13.2 14.5
White.................................. 2,521 3.3 3.5 3.7 3.7 3.9 4.5Nonwhite.............................. 637 7.0 7.0 7.5 8.1 7.9 9.2
Married men............................. 1,003 1.9 1.9 1.8 2.0 2.1 2.6Full-time workers1. .................. 2,565 3.3 3.5 3.7 3.8 3.8 4.6Blue-collar workers2 ............... 1,500 4.0 4.2 4.4 4.6 4.8 5.6Unemployed 15 weeks and
over^ .................................. 685 .8 .9 .9 .8 .9 1.2State insured^......................... 1,640 2.7 2.8 2.5 2.6 2.8 3.3Labor force time lost^............... 4.0 4.3 4.4 4.5 4.6 5.4
* Adjusted by provisional seasonal factors.2Crafts men, operatives, and nonfarm laborers.-^Rates based on civilian labor force.^Insured unemployment under State programs as a percent of average covered employment.^Labor force time lost is a percentage representing the man-hours lost by the unemployed and those on part time for economic reasons.
Table A-3: Unemployed persons by duration of unemployment(In thousands)
Duration of unemploymentr e b .1966
Jan,1966
Feb,1965
Seasonally adjusted
r e b .1966
Jan.1966
D ec .1965
Nor.1965
O c t .1965
Less than 5 w eek s .................... 1,425 1,701 1,671 1,514 1,548 1,532 1,618 1,5625 to 14 weeks........................... 1,047 911 1,496 721 738 869 903 99215 weeks and o v e r .................. 685 678 1,050 579 661 660 644 697
15 to 26 w eek s .................... 404 383 616 315 354 355 334 35027 weeks and o ve r ............... 281 296 434 264 307 305 310 347
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Table A-4: Unemployed persons by age and sex
Age and sex
Thousands of persons Seasonally adjusted unemployment rates
TotalLooking for full
time work
Looking for part- time work
Feb.1966
Jen.1966
Dec.1965
Hot.1965
Feb*1965
Total, 14 years and over...................... 3*158 2,565 592 3.7 4 .0 4.1 4.2 5.0
14 to 17 years................................... 319 99 220 11.7 12.7 14.7 13.2 14.414 and 15 y e a rs ........................... 56 (1) (1) 7.8 8.7 12.4 9.0 7.016 and 17 y e a rs .......... ................. 263 94 168 13.5 14.7 15.8 15.4 17.9
18 years and o v e r ........................... 2*840 2,470 373 3.3 3.5 3.5 3.7 4.518 and 19 y e a rs ........................... 371 275 96 10.3 11.2 11.6 11.3 14.520 to 24 y e a rs .............................. 469 418 51 5.0 5.4 5.6 6.6 7.425 years and o v e r ......................... 2*000 1,777 226 2.6 2.7 2.7 2.9 3.6
25 to 54 years........................... 1*532 1,399 135 2.6 2.7 2.8 2.9 3.755 years and over .................... 468 378 91 2.8 2.8 2.8 3.0 3.5
Males, 18 years and o v e r .................... 1*701 1,535 168 2.9 2.9 3.0 3.0 3.9
18 and 19 years................................ 190 122 68 9.3 9.7 9.9 8.7 12.120 to 24 years.............................. .. . 262 238 24 4.4 4.2 5.1 5.7 7.025 years and o v e r ........................... 1*249 1,175 76 2.3 2.5 2.3 2.5 3.2
25 to 54 y e a rs .................... 913 893 22 2.2 2.3 2.2 2.3 3.155 years and o v e r ......................... 336 282 54 3.0 3.0 2.7 3.1 3.4
Females, 18 years and over................. 1*139 935 205 4.1 4.4 4 .7 5.0 5.8
18 and 19 years................................ 181 153 28 11.5 13.1 13.6 14.3 17.720 to 24 years................................... 207 180 27 5.9 7.1 6.3 7.7 8.225 years and o v e r ............................ 751 602 150 3.2 3.3 3.6 3,7 4.5
25 to 54 y e a rs .............................. 619 506 113 3.4 3.5 3.9 4.1 4.855 years and o v e r .................... .. . 132 96 37 2.4 2.4 2.9 2.9 3.6
* Virtually all are looking for part-time work.
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(In thousands)
Table A-5: Employed persons by age and sex
Age and sex TotalVoluntarypart-timeemployed1
Seasonally adjusted
Feb*1966
Jan*1966
Dec*1965
No t .1965
Oct.1965
Total, 14 years and o v e r ................. . 71,551 9 #323 73,521 73,715 73,441 72,914 72,561
14 to 17 years................. ................. 2 #678 2*332 3,397 3 #546 3,406 3,401 3,39214 and 15 y e a rs ................. .. 876 634 1,142 1#221 1,155 1,198 1,16716 and 17 y e a rs ....................*. . . 1,803 1#498 2,255 2,325 2,251 2,203 2,225
18 years and o v e r ........................... 68,873 6,992 70,172 70,256 70,106 69,493 69,14418 and 19 y e a rs ........................... 2,996 942 3,347 3,424 3,370 3,226 3,12020 to 24 y e a rs .............................. 7,620 825 7,792 7,759 7,739 7,738 7,68425 years and o v e r ......................... 58,257 5#225 59,033 59,073 58,997 58,529 58,340
25 to 44 years.......... ................. 29,925 2 #204 30,392 30,397 30,410 30,118 29,97145 years and o v e r .................... 28,334 3 #021 28,641 28,676 28,587 28,411 28,369
Males, 18 years and o v e r .................... 44,493 2 #159 45,530 45,501 45,418 45,110 44,923
18 and 19 years...................... .. 1,613 571 1,850 1,897 1,839 1,780 1,68920 to 24 years................................ . 4,386 407 4,549 4#553 4,543 4,569 4,46925 years and o v e r ............... 38,494 1#181 39,131 39,051 39,036 38,761 38,765
25 to 44 y e a rs .............................. 20,273 269 20,633 20,530 20,546 20,445 20,40845 years and o v e r ......................... 18,223 912 18,498 18,521 18,490 18,316 18,357
Females, 18 years and over................. 24,380 4#833 24,642 24,755 24,688 24,383 24,221
18 and 19 years................................ 1,383 371 1,497 1,527 1,531 1,446 1,43120 to 24 years................................... 3,234 418 3,243 3,206 3,196 3,169 3,21525 years and o v e r ........................... 19,763 4 #044 19,902 20,022 19,961 19,768 19,575
25 to 44 y e a rs .............................. 9,652 1#935 9,759 9,867 9,864 9,673 9,56345 years and o v e r ......................... 10,111 2,109 10,143 10,155 10,097 10,095 10,012
1 Includes a proportionate number of persons with a job but not at work.
NOTEs Doe to the independent season*! adjustment of seTeral of the series# detail w ill not necessarily add to totals*
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Table A-6: Unemployment rates by industry and occupation
Industry or occupationFeb.1966
Feb.1965
Feb*1964
Industry
T o ta l...................... ................................................... 4.2 5.7 6.2Experienced wage and salary workers.......... ..................... 4.1 5.7 6.4
Agriculture............................................... .. .................. 11.6 13.0 14.9Nonagricultural industries ............................................... 4.0 5.6 6.2
Mining, forestry, fisheries.............................. .. 5.8 7.4 8.4Construction ................................... .. 11.4 16.7 17.0Manufacturing.............................. ............................... 3.8 5.1 6.0
Durable goods . . . - . . . ...................................... 3.4 4.6 5.8Nondurable goods.................................................. 4.3 5.8 6.3
Transportation and public u tilit ies ...................... .. . 2.3 4.2 4.9Wholesale and retail trade. ......................... .............. 5.1 6.5 7.2Finance, insurance, and real e s ta te ......................... 1.7 2.2 3.6Service industries.............................. ....................... 3.0 4.5 4.4Public administration.......... ...................................... 1.3 2.2 2.9
Self-employed and unpaid family workers.......................... 1.4 1.3 1.8
Occupation
Total ........................................ . . . ......................... 4.2 5.7 6.2White-collar workers........................................................... 2.2 2.8 3 .0
Professional and techn ica l............................................. 1.0 1.6 1.7Managers, officials, and proprietors ........................ 1.5 1.2 1.7Clerical workers .............................. ............................... 3.0 4 .0 4.5Sales workers................................... ............................... 3.4 4.5 3.9
Blue-collar w orkers............................................................ 5.4 7.5 8.9Craftsmen and foremen . .................................................. 4.6 5.8 6.5
4 .8 6.8 8.5Nonfarm laborers.............................................................. 10.2 14.2 15.9
Service workers................................................................ • 4.7 6.8 6.8Private household workers. ............................................. 3.5 5.6 4.9Other service workers.................................................... .. 5.0 7.2 7.4
3.4 4.4 4.8Farmers and farm managers............................................. •3 1.0 .6Farm laborers and foremen............................................... 8.1 9.3 10.4
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Table A-7: Full- and part-time status of the civilian labor force(In thousands)
Full- and part-time employment status
Feb*1966
Jen.1966
Feb.1965
Feb*1964
Full Time
Civilian labor force......................... 64,796 64,808 64,485 63,264Employed:
Full-time schedules1.............................. 60,388 60,082 58,698 56,948Part time for economic reasons............. 1,843 2,094 2,231 2,475
Unemployed, looking for full-time work. . . . 2,565 2,632 3,556 3,841Unemployment rate . . . . ................................. 4.0 4.1 5.5 6.1
Part Time
Civilian labor force. ........................................ 9,912 9,711 9,229 9,262Employed (voluntary part time)1 .................. 9,320 9,053 8,567 8,574Unemployed, looking for part-time work . . . 592 658 662 688
^ ./employment rate ........................................... 6.0 6.8 7.2 7.4
* Employed persons with a job but not at work are distributed proportionately among the full- and part-time employed categories.
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Table B-l: Employees on nonagricultural payrolls, by industry
(In thousands)
IndustryF e b .1966
J a n .19 6 6
Dec.19 6 5
F e b .
19 6 5
Change fromSeasonally adjusted
F e b .1966
J a n .196 6
D ee.19 6 5
ChangefromJ a n .1966 :
J a n .1966
F a b .1965
TOTAL................................ 6 1 ,1 2 0 a , 037 62,66 0 58,31*1 83 2 ,779 62 , 1*01* 62 , 11*6 a , 88i* 258
M IN IN G .................................................. 6 15 617 628 6 16 -2 - 1 633 632 630 1 -
CONTRACT CONSTRUCTION !_____ 2 ,8 3 3 2,970 3,203 2 ,7 13 - 11*0 117 3 ,3**9 3,379 3 ,3 8 6 -30
MANUFACTURING.............................. 18 , 1*18 18 ,2 7 6 18 , M 5 17,1*73 11*2 91*5 18 ,6 5 2 18,525 18 , 1*29 127Production w orkers................. 1 3 ,7 0 6 13 ,581 13,72^ 12 ,956 125 750 13,917 1 3 ,8 1 2 1 3 ,7 3 1 105
D U R A B L E G O O D S ................................ 1 0 ,7 7 7 10 ,697 1 0 ,7 1 8 10 , 0L8 80 729 10,881* 10 , 801* 10 ,7 0 7 80Production w orkers................. 8 ,0 0 3 7 ,935 7 ,9 68 7,1*23 68 580 8 ,10 2 8 ,0 3 3 7 ,9 55 69
Ordnance and accessories............ 2 55 .7 2 5 1 .0 21*1*.8 230 .5 i*.7 2 5 .2 256 250 21*3 6Lumber and wood products.......... 5 9 6 .8 599 .2 6 0 8 .5 572 .0 - 2 .lf 2»*.8 630 635 623 -5Furniture and fix ture*................. l*l*3.1 1*1*2 .2 1*1*3.2 1*17.5 •9 2 5 .6 1*1*8 1*1*7 1*1*2 1Stone, clay, and glass products . . 6 0 5 .6 6 1 1 .1 6 2 2 .6 590 .0 -5 .5 1 5 .6 636 61*3 636 -7Primary metal industries............... 1 ,2 8 2 .7 l , 27l* .2 1 , 2 6 3 .7 1 , 28 2 .0 8 .5 •7 1 , 281* 1 , 281* 1,271* 0Fabricated metal products............. 1 , 306A 1 ,3 0 1 .3 1 ,3 0 ^ *3 1 ,2 2 6 .5 5 .1 79 .9 1 ,3 23 1,311* 1,3 0 0 9Machinery............... .. 1 ,7 9 2 .0 1 ,7 7 8 .1 1 ,7 6 6 .3 1 , 6 6 9 .0 1 3 .9 1 2 3 .0 1 ,7 92 1 ,7 8 2 1 ,7 71 10Electrical equipment. . . . . . . . . 1 , 8 1 2 .8 1 ,7 9 5 .0 1 , 7 8 6 .6 1 , 6 0 2 .6 1 7 .8 2 10 .2 1,8 2 0 1 ,7 9 3 1 ,7 69 2 7Transportation equipment............. 1 ,8 5 8 .9 1 , 8 3 6 .0 1 ,8 3 9 .0 1 , 6 8 9 .2 2 2 .9 1 6 9 .7 1 ,8 5 0 1 ,8 1 8 1,805 32Instruments andf related products . 1*05.2 1*02.7 IfOO.O 37**.0 2 .5 3 1 .2 1*07 1*05 398 2Miscellaneous manufacturing. . . . 1*1 8 .0 1*0 6 . 1* * 3 8 .9 395.0 1 1 .6 23 .0 1*38 1*33 1*1*6 5
N O N D U R A B L E G O O D S ...................... 7,61*1 7 ,579 7 ,6 9 7 7,1*25 62 2 16 7 ,768 7 ,721 7,722 1*7Production w orkers................. 5 ,7 03 5,61*6 5 ,7 5 6 5,533 57 170 5,815 5,779 5,776 36
Food and kindred products . . . . . 1 ,65**.5 1 ,6 7 2 .5 1 , 7 2 1 .9 1 , 651**8 - 18 .0 - . 3 1,71*9 1,71*6 1,71*5 3Tobacco manufactures................. 79 .1 8 2 .1 8 8 .1 8 2 .9 -3 .0 -3 .8 82 83 81* - 1Textile mill products.................... 9 2 9 .8 9 2 6 .6 933-5 899.9 3 .2 29 .9 939 939 937 0Apparel and related products. . . . 1 ,3 9 6 .3 1 ,3 2 9 .2 1 ,3 7 1 -1 1 , 3 3 8 .8 6 7 .1 57 .5 1,390 1 ,3 55 1 ,3 77 35Paper and allied products............ 6 50 .0 61*7-9 651 .3 623 .9 2 .1 2 6 .1 659 651* 650 5Printing and publishing . . . . . . . 9 97 .3 993 .6 999 .1 9 6 2 .0 3 .7 35 .3 1 ,0 0 2 999 992 3Chemicals and allied products. . . 9i 6 .lt 9 1 2 .8 912 .3 8 8 2.0 3 .6 3&.1* 92** 922 9 18 2Petroleum and related products . . 1 7 3 .2 1 7 2 .7 17*1.7 1 7 5 .8 .5 - 2 .6 176 177 178 - 1Rubber and plastic products . . . . 1*82.7 1*8 1*.7 WI5 .0 1*50.6 - 2 .0 32 .1 1*86 1*86 1*83 0Leather and leather products. . . . 361.5 357.1 360.0 35l*.l* l*.l* 7 .1 361 360 358 1
TRANSPORTATION AND PUBLICU T IL IT IE S .......................................... l* ,02l* M 3 1 ^ ,08 7 3,917 -7 107 l*,09l* l*,097 l*,079 -3
WHOLESALE AND R E TAIL TRADE. 1 2 ,6 3 1 12 ,713 13 ,638 1 2 ,1 1 2 -82 519 12 ,957 12 ,9 0 6 12 ,8 2 2 51
W H O L E S A L E T R A D E ....................... 3, 291* 3,297 3,3^5 3 ,18 2 -3 1 1 2 3,331 3,33-7 3,309 ll*R E T A IL T R A D E ................................... 9 ,3 37 9,1*16 10 ,293 8 ,930 -79 1*07 9 ,6 2 6 9 ,5 89 9 ,5 1 3 37
FINANCE, INSURANCE, ANDREAL E S T A T E ................................. 3 ,0 6 1 3,01*9 3,0 6L 2 ,9 8 6 12 75 3,089 3,080 3,0 8 2 9
SERVICE AND M ISC ELLANEO U S.. 9,001* 8,9**9 $ ,<A 6 8 , 601* 55 1*00 9,178 9 ,1 32 9 ,1 2 8 1*6
GOVERNMENT ................................ 10 ,537 1 0 , 1*32 10,579 9 ,9 20 105 6 17 10 , 1*52 10,395 10 ,3 2 8 57
F E D E R A L ................................................ 2 , 1*16 2 , 1*66 2 ,5^3 2 ,319 10 97 2,1*35 2,1*25 2 ,395 10S T A T E A N D L O C A L .......................... 8 ,1 2 1 8 ,0 2 6 8 ,0 3 6 7 ,6 0 1 95 520 8 ,0 17 7 ,970 7 ,9 33 1*7
NOTE: Data for the 2 most recent months are preliminary.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Table B-2: A verage weekly hours of production workers on manufacturing payrolls, by industry
Industry Feb .19 6 6
J a n .1966
D ec.19 6 5
F e b .
19 8 5
Change fromSeasonally adjusted
F e b .1966
J a n .
19 6 6Dec.196 5
ChangefromJ a n .1966
J a n .19 6 6
Fob.1965
m a n u f a c t u r i n g ............................... 4 1 .3 4 1 .2 4 1 .7 1*0.9 0 .1 0 .4 4 1 .6 4 1 .5 4 1 .4 0 .1Overtime hours........................... 3*7 3 .7 4 .0 3*3 0 .4 4 .1 4 .0 3 .8 .1
DURABLE G O O D S ............................. 4 2 .2 1*2.1 4 2 .6 4 1 .8 .1 .4 4 2 .5 4 2 .4 4 2 .2Overtime horns........................... 4 .1 4 .1 4 .4 3 .7 0 .4 4 .5 4 .4 4 .1 .1
NONDURABLE GOODS....................... 4 0 .1 3 9 .8 1*0.4 39 .8 .3 .3 1*0.5 1*0.2 4 0 .2 •3Overtime homes........................... 3 .2 3 .1 3 .4 2 .9 .1 • 3 3 .4 3 .4 3 .4 0
Dmrmhle goods
Ordnance and accessories............. 4 2 .7 4 2 .7 4 2 .9 4 1 .1 0 1 .6 4 2 .8 4 2 .4 4 2 .4 .4Lumber and wood products. . . . . . 1*0.7 1*0.8 4 1 .2 39 .7 - . 1 1 .0 4 1 .4 4 1 .4 4 1 .8 0Furniture and fixtures.................... 4 1 .2 4 1 .0 4 2 .6 4 1 .4 .2 - .2 4 1 .7 4 1 .7 4 1 .8 0Stooe, clay, and glass products . . 4 1 .6 4 1 .6 4 2 .2 4 1 .1 0 .5 4 2 .6 4 2 .7 4 3 .0 - . 1Primary metal industries................ 42 .0 4 1 .9 4 1 .4 4 2 .3 .1 - • 3 4 2 .0 4 1 .9 4 1 .2 .1Fabricated metal products............. 1*2.3 4 2 .0 4 2 .6 4 1 .9 • 3 .4 4 2 .7 4 2 .6 4 2 .3 .1Machinery..................................... 1*4.0 4 3 .8 4 4 .2 4 3 .1 .2 .9 4 4 .0 4 4 .0 4 3 .9 0Electrical equipment.................... 4 1 .5 4 1 .2 4 2 .0 1*0.9 • 3 .6 ' 4 1 .7 4 1 .4 41 .5 • 3Transportation equipment............. 4 3 .0 43*4 4 4 .1 4 2 .8 - . 4 .2 43 .5 4 3 .6 4 2 .9 - . 1Instruments and related products. . 4 2 .1 4 2 .0 4 2 .0 41 .1 . 1 1 .0 42 .4 4 2 .2 4 1 .7 .2Miscellaneous manufacturing . . . . 4 0 .2 39 .6 1*0.5 39 .7 .6 .5 4 0 .3 1*0 .0 4 0 .2 •3
Nomdmrmhie goods
Food an& kindred products........... 4 0 .6 4 0 .6 4 1 .4 4 0 .4 0 .2 4 1 .4 4 1 .1 4 1 .2 •3Tobacco aumufactures.................. 39 .2 3 8 .4 39 .0 37 .2 .8 2 .0 4 1 .0 39 .4 37 .7 1 .6Textile null products..................... 4 2 .2 4 1 .9 4 2 .3 4 1 .7 • 3 .5 4 2 .4 4 2 .5 4 2 .0 - . 1Apparel and related products . . . . 36 .7 35-6 3 6 .2 3 6 .6 1 . 1 . 1 36 .7 3 6 .2 36 .5 •5Paper and allied products............. 4 2 .9 4 2 .9 4 3 .8 4 2 .7 0 .2 4 3 .3 4 3 .3 4 3 .6 0Printing and publishing................ 38 .4 38 .1 39 .1 38 .4 • 3 0 3 8 .6 38 .5 38 .7 . 1Chemicals and allied products . . . 4 1 .9 4 1 .7 1*2 .1 4 1 .6 .2 • 3 4 2 .2 4 2 .0 4 2 .0 .2Petroleum and related products. . . 4 2 .1 4 1 .9 4 1 .7 4 0 .8 .2 1 .3 4 3 .2 4 2 .1 4 2 .0 1 . 1Rubber and plastic products........... 4 1 .9 4 2 .1 4 2 .8 ■41.9 - .2 0 4 2 .2 4 2 .4 4 2 .3 - .2Leather and leather products . . . . 39 .2 38 .8 39 .2 ____ 38 £ .. .4 .7 38.9 ____3 8 .2 „38AJ ______ i 2 ____
NOTE: Data for the 2 most recent months nee preliminary.
Table B-3: Average hourly and weekly earnings of production workers
on manufacturing payrolls, by industry
Industry
Average hourly earnings Average weekly earnings
F e b .19 6 6
J a n .19 6 6
D ec.19 6 5
F e b .
19 6 5
Change fromF e b .19 6 6
J a n .19 6 6
Dec.196 5
F e b .
19 6 5
Change from
J a n .10 66
F e b .1<365
J a n .1966
F eb ...1 3 6 5 —
MANUFACTURING............................... $2 .67 $2 .67 $2 .6 6 $2 .59 $0 .0 0 $0 .0 8 $110.27 * 110 .0 0 * 1 1 0 .9 2 * 10 5 .9 3 $0 .27 $4 .34
D U R A B L E G O O D S ....................... 2 .8 5 2 .8 5 2 .8 4 2 .7 7 0 .0 8 120 .27 119 .99 12 0 .9 8 1 1 5 .7 9 .2 6 4 .4 8
Ordnance and accessories............ 3 .1 6 3 .1 6 3 .1 9 3 .0 9 0 .0 7 134 .93 134 .93 136 .85 12 7 .0 0 0 7 .9 3Lumber and wood products............. 2 .1 7 2 .1 6 2 .1 7 2 .1 2 .0 1 .05 8 8 .3 2 8 8 .1 3 89 .40 84 .16 .19 4 .1 6Furniture aad fixtures................... 2 .1 6 2 .1 5 2 .1 6 2 .0 9 .0 1 .07 88 .99 8 8 .15 9 2 .0 2 8 6 .5 3 .84 2 .4 6Stone, clay, and glass products . . 2 .6 7 2 .6 7 2 .6 6 2 .5 6 0 . 1 1 H l .0 7 1 1 1 .0 7 112 .25 10 5 .2 2 0 5.85Primary amral industries............... 3 .2 3 3 .2 3 3 .2 0 3 .1 6 0 .07 13 5 .6 6 135-31* 132 .48 133 .67 .3 2 1 .9 9Fabricated amtal products............. 2 .8 2 2 .8 1 2 . 8l 2 .7 3 .0 1 •09 119 .29 1 1 8 .0 2 119 .71 114 .39 1 .2 7 4 .9 0Machinery..................................... 3 .0 3 3 .0 3 3*02 2 .9 2 0 .1 1 133 .32 132 .71 133-48 125 .85 .6 1 7 .4 7Electrical equipment.................... 2 .6 2 2 .6 1 2 .6 2 2 .5 5 .0 1 .0 7 108 .73 107 .53 110.01* 104 .30 1 .2 0 4 .4 3Transportation equipment............. 3*28 3 .2 9 3 .30 3 .1 8 - .0 1 .1 0 141 .04 142 .79 145*53 1 3 6 .1 0 -1 .7 5 4 .9 4Instruments and related products. . 2 .6 6 2 .6 6 2 .6 5 2 .6 0 0 .0 6 m . 9 9 U l .7 2 1 1 1 .3 0 10 6 .8 6 .27 5 .1 3'Miscellaneous manufacturing . . . . 2 .2 0 2 .2 0 2 .1 6 2 .1 3 0 .0 7 88 .44 8 7 .1 2 8 7 .4 8 8 4 .5 6 1 .3 2 3-8 8
N O N D U R A B L E G O O O S ....................... 2 .4 0 2 .4 0 2 .4 0 2 .3 3 0 .07 96 .44 95 .52 9 6 .9 6 9 2 .7 3 •72 3 .51
Food and kindred products............. 2 .4 8 2 .4 8 2 .4 6 2 .4 3 0 .05 100 .69 IOO .6 9 101 .84 98 .17 0 2 .5 2
2 .1 7 2 .1 5 2 .1 3 2 .0 8 .0 2 .09 8 5 .0 6 8 2 .5 6 83 .07 77 .38 2 .9 0 7 .6 8Textile arill products.......... 1 .9 2 1 .9 1 1 .9 1 1 .8 4 .0 1 .0 8 8 1 .0 2 8 0 .0 3 8 0 .7 9 76-73 •99 4 .2 9Apparel and related products . . . . 1 .8 8 1 .8 5 1 .8 6 1 .8 2 .0 3 .0 6 6 9 .OO 6 5 .8 6 67 .33 6 6 .6 1 3.14 2 .3 9Paper and allied products............. 2 .7 0 2 .7 0 2 .6 9 2 . 6 l 0 .09 115 .83 115 .83 1 1 7 .8 2 111 .45 0 4 .3 8Printing and publishing.............. 3 .10 3 .0 9 3 . H 3 .0 2 .0 1 .0 8 119 .04 117-73 1 Z L .6 0 115-97 1.33. 3 .0 7
2 .9 3 2 .9 3 2 .9 3 2 .8 5 0 .0 8 122 .77 1 2 2 .1 8 123 .35 1 1 8 .5 6 .59 4 .2 1
Petroleum and related products. . . 3*37 3 .3 7 3 .3 7 3 .2 3 0 .14 141 .88 11*1 .2 0 l t o .5 3 1 3 1 .7 8 •68 1 0 .1 0Rubber and plastic products.......... 2 .6 4 2 .6 4 2 .6 5 2 .5 9 0 .05 1 1 0 .6 2 111.11* 113 .42 IO 8 .5 2 - 5 2 2 .1 0Leather and leather products . . . . 1 .9 1 1 .9 1 1 .9 1 1 .8 6 0 .05 74 .87 7**.11 74.87 7 1 .6 1 .7 6 3 .2 6
NOTE: Decs for the 2 most recent months are preliminary.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis