Monthly Labor Review

A monthly publication of the Bureau of Labor Statistics that contains analytical articles on employment and unemployment, prices, compensation, working conditions, productivity, and other topics. Includes tables of current labor statistics, book reviews,

Articles from Vol. 125, No. 8, August

Current Labor Statistics
This section of the Review presents the principal statistical series collected and calculated by the Bureau of Labor Statistics: series on labor force; employment; unemployment; labor compensation; consumer, producer, and international prices; productivity;...
Employment Restructuring during China's Economic Transition: As in Developed Countries, China's Service Sector Has Become the Main Job Creator, the Country's Labor Force Is Better Educated, and the Average Age of the Employed Is Rising; Driving Those Phenomena Are a Fast-Paced Employment Restructuring and a Growing Private Enterprise at the Expense of State and Collective Ownership. (Employment Restructuring in China)
During the 1980s and 1990s, China underwent considerable employment restructuring as a result of economic development and institutional reform. In particular, employment growth was rapid in the country's secondary and tertiary industries. The private...
Experimental Poverty Measures: Accounting for Medical Expenditures: Alternate Methods of Measuring Medical Expenses Affect the Relative Incidence of Poverty, the Depth of Poverty Experienced by the Poor, and the Number of People Who Are Classified in Extreme Poverty. (Experimental Poverty Measures)
The official measure of poverty in the United States has been in place since the 1960s and has served to inform many policy debates. However, over the years, debate has ensued concerning the level and extent of poverty estimates, as well as the...
Inequality Update. (Precis).(study into Distribution of Wealth during the 1990s)(brief Article)
Earnings, income, and wealth are unequally distributed among American households and, according to Santiago Budria Rodriguez, Javier Diaz-Gimenez, Vincenzo Quadrini, and Jose-Victor Rios-Rull writing in the Federal Reserve Bank of Minneapolis Quarterly...
JOLTS Starts. (Labor Month in Review).(Job Openings and Labor Turnover Survey)
A new Job Openings and Labor Turnover Survey (JOLTS) was introduced in July 2002 by the Bureau of Labor Statistics. Job openings are a measure of unmet labor demand and may be compared with unemployment, which measures unused labor supply. Job openings...
Publications Received
Economic and social statistics Ackerberg, Daniel A., and Marc Rysman, Unobserved Product Differentiation in Discrete Choice Models: Estimating Price Elasticities and Welfare Effects. Cambridge, MA, National Bureau of Economic Research, Inc.,...
The Influx of Women into Legal Professions: An Economic Analysis: Women Are Increasingly Attracted to the Field of Law, Possibly Because of Its Favorable Economic Factors, Such as Relatively High Earnings Early in the Career and Ease of Re-Entry into the Field after Periods of Nonparticipation in the Labor Force. (Women in the Field of Law)
The year 2001 was a watershed year in legal education. For the first time, female law school entrants outnumbered men. (1) This event is the culmination of a trend over the last half-century which saw the legal profession experience rapid increases...