Academic journal article Monthly Labor Review

Comparative Indicators

Academic journal article Monthly Labor Review

Comparative Indicators

Article excerpt

1. Labor market indicators

                                                               2007

Selected indicators                      2008       2009        IV

          Employment data

Employment status of the civilian
  noninstitutional population
  (household survey): (1)
  Labor force participation rate          66.0       65.4       66.0
  Employment-population ratio             62.2       59.3       62.8
  Unemployment rate                        5.8        9.3        4.8
    Men                                    6.1       10.3        4.9
      16 to 24 years.                     14.4       20.1       12.1
      25 years and older                   4.8        8.8        3.7
    Women                                  5.4        8.1        4.7
      16 to 24 years                      11.2       14.9        9.9
      25 years and older                   4.4        6.9        3.8

Employment, nonfarm (payroll data),
in thousands: (1)

  Total nonfarm                        136,790    130,912    138,152
        Total private                  114,281    108,369    115,783
    Goods-producing                     21,334     18,620     22,043
      Manufacturing                     13,406     11,883     13,777
    Service-providing                  115,456    112,292    116,109

  Average hours:
    Total private                         33.6       33.1       33.8
      Manufacturing                       40.8       39.8       41.2
        Overtime                           3.7        2.9        4.1

Employment Cost Index (1,2,3)

Total compensation:
  Civilian nonfarm (4)                     2.6        1.5         .6
    Private nonfarm                        2.4        1.2         .6
      Goods-producing (5)                  2.4        1.0         .6
      Service-providing (5)                2.5        1.3         .6
    State and local government             3.0        2.4         .7

Workers by bargaining status
  (private nonfarm):
  Union                                    2.8        2.9         .7
  Nonunion                                 2.4         .9         .6

                                               2008

Selected indicators                       I          II

          Employment data

Employment status of the civilian
  noninstitutional population
  (household survey): (1)
  Labor force participation rate          66.1       66.1
  Employment-population ratio             62.8       62.6
  Unemployment rate                        5.0        5.3
    Men                                    5.1        5.5
      16 to 24 years.                     12.7       13.3
      25 years and older                   3.9        4.2
    Women                                  4.8        5.1
      16 to 24 years                      10.2       11.0
      25 years and older                   3.9        4.1

Employment, nonfarm (payroll data),
in thousands: (1)

  Total nonfarm                        137,858    137,285
        Total private                  115,419    114,775
    Goods-producing                     21,815     21,511
      Manufacturing                     13,654     13,528
    Service-providing                  116,043    115,774

  Average hours:
    Total private                         33.8       33.7
      Manufacturing                       41.3       41.0
        Overtime                           4.1        3.9

Employment Cost Index (1,2,3)

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

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