Academic journal article Monthly Labor Review

Comparative Indicators

Academic journal article Monthly Labor Review

Comparative Indicators

Article excerpt

1. Labor market indicators

      Selected indicators              2008        2009

        Employment data

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

Employment, nonfarm (payroll
    data), in thousands: (1)
  Total nonfarm                      136,790     130,912
        Total private                114,281     108,369
    Goods-producing                   21,334      18,620
      Manufacturing                   13,406      11,883
    Service-providing                115,456     112,292

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

 Employment Cost Index (1,2,3)

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

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

                                               2008
      Selected indicators
                                      II        III         IV

        Employment data

Employment status of the
    civilian noninstitutional
    population (household
    survey): (1)
  Labor force participation
    rate                              66.1       66.0       65.9
  Employment-population ratio         62.6       62.0       61.3
  Unemployment rate                    5.3        6.0        6.9
    Men                                5.5        6.4        7.6
      16 to 24 years                  13.3       14.9       16.5
      25 years and older               4.2        5.1        6.1
    Women                              5.1        5.6        6.2
     16 to 24 years                   11.0       11.7       11.7
     25 years and older                4.1        4.5        5.3

Employment, nonfarm (payroll
    data), in thousands: (1)
  Total nonfarm                    137,285    136,283    134,328
        Total private              114,775    113,715    111,767
    Goods-producing                 21,511     21,092     20,294
      Manufacturing                 13,528     13,270     12,822
    Service-providing              115,774    115,191    114,031

  Average hours:
    Total private                     33.7       33.5       33.3
      Manufacturing                   41.0       40.4       39.8
      Overtime                         3.9        3.5        2.9

 Employment Cost Index (1,2,3)

Total compensation:
  Civilian nonfarm (4)                  .7         .8         .3
    Private nonfarm                     .7         .6         .2
      Goods-producing (5)               .7         .4         .3
      Service-providing (5)             .7         .6         .3
    State and local government          .5        1.7         .3

Workers by bargaining status
   (private nonfarm):
  Union                                 .8         .7         .6
  Nonunion                              .7         .6         .2

                                                  2009
      Selected indicators
                                    I         II       III        IV

        Employment data

Employment status of the
    civilian noninstitutional
    population (household
    survey): (1)
  Labor force participation
    rate                            65. … 
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