Academic journal article Monthly Labor Review

Comparative Indicators

Academic journal article Monthly Labor Review

Comparative Indicators

Article excerpt

1. Labor market indicators

                                                                2008
         Selected indicators              2009       2010
                                                                 IV

           Employment data

Employment status of the civilian
noninstitutional population
(household survey): (1)
  Labor force participation rate           65.4       64.7       65.9
  Employment-population ratio              59.3       58.5       61.3
  Unemployment rate                         9.3        9.6        6.9
    Men                                    10.3       10.5        7.6
    16 to 24 years                         20.1       20.8       16.5
    25 years and older                      8.8        8.9        6.1
  Women                                     8.1        8.6        6.2
    16 to 24 years                         14.9       15.8       11.7
    25 years and older                      6.9        7.4        5.3

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

  Total nonfarm                         130,920    130,262    134,328
      Total private                     108,371    107,791    111,767
    Goods-producing                      18,620     17,987     20,294
     Manufacturing                       11,883     11,644     12,822
    Service-providing                   112,300    112,275    114,031

  Average hours:
    Total private                          33.1       33.4       33.3
    Manufacturing                          39.8       41.1       39.8
      Overtime                              2.9        3.8        2.9

Employment Cost Index (1,2,3)

Total compensation:
  Civilian nonfarm (4)                      1.4        2.0         .3
    Private nonfarm                         1.2        2.1         .2
      Goods-producing (5)                   1.0        2.3         .3
      Service-providing (5)                 1.3        2.0         .3
    State and local government              2.3        1.8         .3
Workers by bargaining status (private
nonfarm):
  Union                                     2.9        3.3         .6
  Nonunion                                   .9        1.8         .2

                                                2009
         Selected indicators
                                           I          II

           Employment data

Employment status of the civilian
noninstitutional population
(household survey): (1)
  Labor force participation rate           65.7       65.7
  Employment-population ratio              60.3       59.7
  Unemployment rate                         8.2        9.3
    Men                                     9.0       10.4
    16 to 24 years                         18.1       19.9
    25 years and older                      7.6        8.9
  Women                                     7.3        8.0
    16 to 24 years                         13.2       14.6
    25 years and older                      6.2        6.9

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

  Total nonfarm                         132,070    130,640
      Total private                     109,510    108,075
    Goods-producing                      19,233     18,503
     Manufacturing                       12,212     11,782
    Service-providing                   112,837    112,137

  Average hours:
    Total private                          33.1       33.0
    Manufacturing                          39.4       39.5
      Overtime                              2.6        2.8

Employment Cost Index (1,2,3)

Total compensation:
  Civilian nonfarm (4)                       .4         .3
    Private nonfarm                          .4         .3
      Goods-producing (5)                    .4         .3
      Service-providing (5)                  .4         .3
    State and local government               .6         .4
Workers by bargaining status (private
nonfarm):
  Union                                     1. … 
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