bls_employnews_196705.pdf

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U.S. DEPARTMENT OF LABOR W. Willard Wirtz, Secretary USDL - 8290 FOR RELEASE: 2:30 P.M* Monday, June 5, 1967 U*S* Department of Labor BLS, 961 - 2634 THE EMPLOYMENT SITUATION: MAY 1967 Employment advanced less than usual between April and May, but the civilian labor force also failed to show the normal seasonal increase, the U*S* Department of Labor1 s Bureau of Labor Statistics reported today0 As a result, the level of unemployment Seasonally adjusted) was virtually unchanged* The jobless rate, at 3. 8 percent, remained within the range which has prevailed since the beginning of 1966* The slowness of the employment pickup in May resulted from several causes* Since inventories are still out of line with retail sales, manu- facturing employment was off 80, 000 on a seasonally adjusted basis and showed a small decline in actual terms* Employment in retail trade has remained virtually unchanged in the last 4 months, in contrast with the rise throughout 1966« 1/ The persistence of wet and wintery weather over much of the country held down the usual increase in the number of agricultural and construction jobs* Average weekly hours advanced in most industries during May, but here again the increase was below seasonal expectations* In recent months, the movement of workers into and out of the labor force has been closely correlated with the slower pace of labor demand* While the civilian labor force has increased about 800, 000 since January, 1/ A re study of seasonal factors for retail trade in the Spring has eliminated much of the reported increase for April noted in last month1 s release* Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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Page 1: bls_employnews_196705.pdf

U.S. DEPARTMENT OF LABORW. Willard Wirtz, Secretary

USDL - 8290

FO R R E L E A S E : 2:30 P.M *M onday, June 5, 1967

U*S* D epartm ent o f L a b or BLS, 961 - 2634

THE E M P L O Y M E N T SITUATION: M AY 1967

E m p loym en t advanced le s s than usual betw een A p r il and M ay, but the c iv ilia n la b or fo r c e a ls o fa ile d to show the n orm a l sea son a l in c r e a s e , the U*S* D epartm ent o f L a b o r 1 s B ureau o f L a b or S ta tistics re p o rte d today0 A s a re su lt , the le v e l of unem ploym ent S easonally ad ju sted ) w as v ir tu a lly unchanged* The jo b le s s ra te , at 3. 8 p ercen t, rem a in ed w ithin the range w hich has p rev a iled s in ce the beginning of 1966*

The s low n ess o f the em p loym en t p ickup in M ay resu lted fr o m se v e ra l causes* S ince in v e n to r ie s a re s till out o f line w ith re ta il s a le s , m anu­factu rin g em p loym en t w as o ff 80, 000 on a sea son a lly ad justed b a s is and show ed a sm a ll d ec lin e in actua l term s* E m p loym en t in re ta il trade has rem ain ed v irtu a lly unchanged in the la st 4 m onths, in co n tra st w ith the r is e throughout 1966« 1 / The p e rs is te n ce o f w et and w in tery w eather o v e r m uch o f the cou n try held down the usual in c re a s e in the num ber of a g r icu ltu ra l and con stru ctio n jobs*

A v e ra g e w eek ly h ou rs advanced in m o st in d u str ies during M ay, but h ere again the in c r e a s e w as b e low sea son a l expectations*

In re ce n t m on th s, the m ovem en t o f w o rk e r s into and out of the la b o r fo r c e has been c lo s e ly c o r r e la te d w ith the s lo w e r pace o f la b o r demand*W hile the c iv ilia n la b o r fo r c e has in c r e a s e d about 800, 000 s in ce January,

1 / A re study o f sea son a l fa c to r s fo r re ta il trade in the Spring has e lim in ated m uch o f the re p o rte d in c r e a s e fo r A p r il noted in la s t m on th 1 s re lease*

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Page 2: bls_employnews_196705.pdf

The Em ploym ent SituationPage 2June 5, 1967

the n orm al season a l exp ecta tion w ould have been 900, 000 higher® The sea son a lly ad justed d ec lin e since January has been con cen tra ted am ong adult w om en , down 500, 000, w hile the la b or fo r c e fo r adult m en and teen a g ers each d ec lin ed by about 200, 000o T h ese fig u re s p robab ly re p re se n t the fa ilu re o f season a l w o rk e rs to enter the la b o r fo r c e thus fa r in 1967, m o re than an actual w ithdraw al o f y e a r -ro u n d w o r k e r s .A nother point to be noted is that in the ca se o f adult w om en , the labor fo r c e in c re a s e in the secon d half o f 1966 w as about 600, 000 ov er the lo n g -te r m trend o f grow th . Som e pause in the expan sion of the fem a le la b or fo r c e was h ighly lik e ly a fter this e x p e r ie n ce .

Industry D evelopm en ts

The num ber of w o rk e rs on m anufacturing p a y ro lls d e c lin ed by 80, 000 (sea son a lly adjusted) in M ay, with m ost o f the red u ction o c c u rr in g in the nondurable good s in d u s tr ie s . E x cep t fo r a d rop o f 50 ,000 in the rubber industry due to a s tr ik e , the em p loym en t d e c lin e s w ere sm a ll and re la t iv e ly w id esp read am ong the m anufacturing in d u str ie s . T ra n sp orta tion equipm ent, led by autos, w as the on ly industry to r e g is te r a s ign ifican t gain (15, 0 0 0 ). M anufacturing em p loym en t in M ay was down 325, 000 fro m the January peak but w as s till up 150, 000 o v e r the y e a r .

C on tract co n stru ctio n em ploym en t ro se 100, 000 in M ay, but this was only about half o f the sea son a lly exp ected in c r e a s e . Bad w eather, plus in c re a s e d strike a ctiv ity , con tribu ted to the sea son a lly ad justed d eclin e o f 100, 000 betw een A p r il and M ay.

The s e rv ic e -p r o d u c in g s e c to r o f the e co n o m y (excep t fo r tra d e ) continued to g ro w in M ay, but the in c r e a s e s on ly p a rtia lly o ffs e t the m anu­factu rin g and con stru ctio n d e c lin e s . G overnm ent e m p lo y m e n t --p r im a r ily at the State and lo c a l l e v e l - - r o s e by 60, 000 a fter season a l ad justm ent.The return o f the trucking s tr ik e rs con tribu ted to the 50, 000 em p loym en t in c ie a se in tran sp orta tion .

Jobs in the m isce lla n e o u s s e rv ic e in d u stries continued to expand, r is in g by 25, 000 o v e r the m onth. E m p loym en t in trade w as steady fro m A p r il to M ay; re ta il trade em p loym en t has been re la tiv e ly unchanged s in ce F e b ru a ry .

In M ay, the w ork w eek fo r n on su p erv isory e m p lo y e e s on private non- a g r icu ltu ra l p a y ro lls a v era ged 3 7 .9 h ou rs , down 0 .7 hour fro m the May 1966 le v e l. D esp ite the d rop in h ou rs , w eek ly e a r n in g s --a t $100. 0 6 - -w e r e up $ 2 .0 2 o v e r the y e a r .

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Page 3: bls_employnews_196705.pdf

The Em ploym ent SituationPage 3June 5, 1967

The m anufacturing w orkw eek a v era ged 40o 3 h ou rs in M ay, up slightly fro m A p r il but le s s than sea son a lly e x p e cte d 0 O ver the y e a r , the fa c to ry w ork w eek has fa llen by 1. 2 h ou rs . S ince M ay 1966, the w ork w eek has fa llen m o re than an hour and a half in fu rn itu re , p r im a ry m eta ls , e le c t r ic a l equ ip ­m ent, tran sporta tion equipm ent, and te x t ile s 0

At $112. 84 in M ay, w eek ly earn in gs fo r m anufacturing p rodu ction w o rk e rs w ere up only 80 cen ts fro m a yea r e a r l i e r , d esp ite an in cre a s e of 10 cen ts in avera ge hourly earnings,. The re la tiv e ly sm all o v e r -th e -y e a r in cre a s e in w eekly earn in gs resu lted fro m the d rop in h ou rs .

U nem ploym e nt

The 200, 000 d eclin e in unem ployrhent betw een A p r il and M ay was about in line with season a l exp ecta tion s , and the total unem ploym ent rate was 3C 8 p e r c e n t - -v ir tu a lly unchanged fro m A p r il and fro m a yea r ago. The recen t d e cre a se in dem and fo r la b or in s e v e ra l s e c to r s o f the e con om y has resu lted in a slow dow n in labor fo r c e grow th rather than an in cre a s e in o v e r -a l l unem ploym ent, The unem ploym ent rate fo r fu ll-t im e w o rk e rs has, h ow ever, m oved up fro m 3.1 p ercen t (sea son a lly ad ju sted ) in the f ir s t quarter o f 1967 to 3. 5 p ercen t in M ay. S im ila r ly , the ra tes in con stru ction and m anufacturing have r ise n during this period,,

The sea son a lly ad justed em p loym en t d eclin e in May was a lso re fle c te d in h igher unem ploym ent ra tes for s e v e ra l d isadvantaged g ro u p s . The rates fo r teen a g ers (13. 1 p e r ce n t ) , nonw hites (7 .8 p e r ce n t ) , and unskilled la b o r e r s (8. 4 p ercen t) all in c re a s e d betw een A p r il and M ay, On the other hand, jo b le s s ra tes fo r adult m en (2 .4 p e r ce n t ) , adult w om en (3 .9 p e r ce n t) , and all white w o rk e rs (3„ 3 p ercen t) continued at low le v e ls .

State in su red unem ploym ent d eclin ed by 2 7, 000 o v e r the m onth to 1. 2 m illio n . The red u ction w as in line with season a l ex p ecta tion s , and the in su red jo b le s s rate , at 2. 7 p ercen t, was unchanged fro m A p ril. A year ago, the in su red rate w as 2. 2 p ercen t.

T ota l E m ploym en t and L a bor F o r c e

The em ploym en t of p erso n s 16 y e a rs o f age and o v er avera ged 7 2 .9 m illio n in the f ir s t 5 m onths of 1967, and in cre a s e of 1. 5 m illio n over the sam e p er iod in 1966. E m ploym en t of adult m en was up 450, 000, while adult w om en and teen ag ers show ed gains o f 850, 000 and 200, 900 , r e sp e c t iv e ly .

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Page 4: bls_employnews_196705.pdf

The E m ploym ent SituationPage 4June 5, 1967

N on agricu ltu ra l em p loym en t in the f i r s t 5 m onths o f 1967 w as up by 1. 7 m illio n o v e r the com p a ra b le 1966 p e r io d , w hile a g ricu ltu re continued its lo n g -te r m d e c lin e .

The c iv ilia n la b or fo r c e has a v era ged 7 5 ,7 m illio n thus fa r in 1967,1, 4 m illio n h igh er than in 1966, D esp ite the d e c lin e in the c iv ilia n la b or fo r c e s in ce January, the y e a r - t o -y e a r a v era ge in cre a s e in the tota l la b or f o r c e ,1, 9 m illio n , rem a in ed w e ll above the p r o je c te d lo n g -te r m grow th ra te .

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Page 5: bls_employnews_196705.pdf

Table A-l: Employment status of the noninstitutional population by age and sex

(In thousands)

Employment status, age, and sex1967

A p r.1967

Hay1966

Seasonally adjusted

May1967

A p r.1967

M ar.1967

F eb .1967

Jan .1967

Total

7 9 ,5 5 1 7 9 ,5 6 0 7 8 ,459 7 9 ,6 4 5 8 0 ,1 8 9 7 9 ,9 5 9 8 0 ,4 4 3 8 0 ,4 7 37 6 ,0 9 5 7 6 ,111 7 5 ,4 1 4 76 ,1 8 9 7 6 ,7 4 0 7 6 ,5 2 3 77 ,0 2 5 77 ,0 8 77 3 ,6 3 7 7 3 ,4 4 5 7 2 ,6 2 0 7 3 ,2 8 9 7 3 ,9 1 0 7 3 ,7 4 7 7 4 ,1 3 7 7 4 ,2 5 5

3 ,8 2 5 3 ,7 2 1 4 ,0 9 7 3 ,6 5 2 3 ,8 9 0 3 ,8 5 5 3 ,8 9 0 4 ,0 1 56 9 ,8 1 2 6 9 ,7 2 4 6 8 ,5 2 3 6 9 ,6 3 7 7 0 ,0 2 0 6 9 ,8 9 2 7 0 ,2 4 7 7 0 ,2 4 0

On part time for economic reasons........... 1 ,4 5 3 1 ,9 0 9 1 ,5 4 5 1 ,5 3 9 2 ,0 0 8 2 ,0 7 2 2 ,0 7 7 1 ,9 0 7Usually work full tim e............................ 885 1 ,1 7 9 829 910 1 ,1 8 1 1 ,2 2 9 1 ,1 7 8 1 ,0 3 5

568 730 716 629 827 843 899 8722 ,4 5 7 2 ,6 6 6 2 ,7 9 4 2 ,9 0 0 2 ,8 3 0 2 ,7 7 6 2 ,8 8 8 2 ,8 3 2

Men, 20 years and over

4 5 ,0 8 3 4 5 ,0 1 2 4 4 ,7 7 4 4 5 ,0 2 1 4 5 ,1 4 0 4 5 ,0 4 7 4 5 ,2 2 2 4 5 ,2 3 94 4 ,1 2 8 4 3 ,9 4 3 4 3 ,8 3 3 4 3 ,9 2 2 4 4 ,0 9 2 4 4 ,0 1 0 4 4 ,2 3 6 4 4 ,2 2 7

2 ,8 3 6 2 ,8 4 4 2 ,9 7 5 2 ,7 5 3 2 ,8 7 0 2 ,7 9 5 2 ,8 7 5 2 ,8 6 1Nonagricultural industries.............................. 4 1 ,2 9 3 4 1 ,0 9 8 4 0 ,8 5 8 4 1 ,1 6 9 4 1 ,2 2 2 4 1 ,2 1 5 4 1 ,3 6 1 4 1 ,3 6 6

955 1 ,0 6 9 941 1 ,0 9 9 1 ,0 4 8 1 ,0 3 7 986 1 ,0 1 2

Women, 20 years and over

2 5 ,1 6 3 2 5 ,2 7 0 2 4 ,5 2 0 2 4 ,7 3 0 2 5 ,0 2 3 2 4 ,8 6 2 2 5 ,0 7 1 2 5 ,2 2 1Employed ............................................................... 2 4 ,2 6 5 2 4 ,2 9 8 2 3 ,6 4 0 2 3 ,7 7 3 2 4 ,0 0 2 2 3 ,8 3 4 2 4 ,0 5 7 2 4 ,4 2 8

Agriculture ....................................................... 635 547 746 537 625 628 636 702Nonagricultural industries.............................. 2 3 ,6 3 1 2 3 ,7 5 1 2 2 ,8 9 4 2 3 ,2 3 6 2 3 ,3 7 7 2 3 ,2 0 6 2 3 ,4 2 1 2 3 ,4 2 6

897 972 880 957 1 ,0 2 1 1 ,0 2 8 1 ,0 1 4 1 ,093

Both sexes, 16-19 years

Civilian labor fo r c e ................................................. 5 ,8 4 9 5 ,8 2 8 6 ,1 2 0 6 ,4 3 8 6 ,5 7 7 6 ,6 1 4 6 ,7 3 2 6 ,6 2 7Employed........................................ ...................... 5 ,2 4 3 5 ,2 0 5 5 ,1 4 6 5 ,5 9 4 5 ,8 1 6 5 ,9 0 3 5 ,8 4 4 5 ,9 0 0

Agriculture......................................................... 353 331 376 362 395 432 379 452Nonagricultural industries.............................. 4 ,8 9 0 4 ,8 7 4 4 ,7 7 1 5 ,2 3 2 5 ,4 2 1 5 ,4 7 1 5 ,4 6 5 5 ,4 4 8

Unemployed............................. ............................. 606 623 972 844 761 711 888 727

Table A-2: Unemployed persons 16 years and over by duration of unemployment

(In thousands)

Duration of unemployment May1967

A p r.1967

May1966

Seasonally adjusted

May1967

A p r.1967

Mar.1967

F eb .1967

Jan .1967

Less than 5 w eeks....................... ........................... 1 ,2 8 5 1 ,3 1 4 1 ,6 5 1 1 ,3 7 1 1 ,4 6 8 1 ,6 3 3 1 ,6 7 8 1 ,5 4 25 to 14 w eek s........................................................... 708 775 689 877 900 827 771 78715 weeks and o v e r ................................................... 464 576 602 414 436 436 439 485

15 to 26 w e e k s ..................................................... 311 362 307 271 251 259 249 28227 weeks and over............................... .. 153 213 295 143 185 177 190 203

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Page 6: bls_employnews_196705.pdf

TabU A-3 i M ajor unomploymont indicators

(Persons 16 years and over)

Selected categories

Thousandsunea|

of persons doyed Seasonally adjusted rates of unemployment

May1967

Hay1966

Hay1967

Apr.1967

Mar.1967

Feb.1967

Jan.1967

May1966

Total (all civilian workers).................................. 2 ,4 3 7 2 ,7 9 4 3 .8 3 .7 3 .6 3 .7 3 .7 3 .9

Men, 20 years aad over...................................... 955 941 2 .4 2 .3 2 .3 2 .2 2 .2 2 .4Women, 20 years and ov er................................ 897 880 3 .9 4 .1 4 .1 4 .0 4 .3 3 .9Both sexes, 16-19 y e a r s .................................. 606 972 1 3 .1 1 1 .6 1 0 .7 1 3 .2 1 1 .0 1 3 .7

White..................................................................... 1 ,9 2 0 2 ,2 4 6 3 .3 3 .3 3 .1 3 .3 3 .3 3 .5Non white........................... ................................... 537 548 7 .8 7 .3 7 .4 7 .1 6 .6 7 .4

Mamed m en............................................................. 626 573 1 .9 1 .9 1 .7 1 .6 1 .7 1 .8Full-time workers................................................... 1 ,9 8 7 2 ,2 5 7 3 .5 3 .3 3 .1 3 .0 3 .1 3 .4Unemployed 15 weeks and over............................ 464 581 .5 .6 .6 .6 .6 ,7State insured*......................................................... 1 ,1 6 9 882 2 .7 2 .7 2 .5 2 .4 2 .4 2..2Labor force time lost * .......................................... — — 3 .8 4 .0 4 .1 4 .0 4 .1 4 .3

Occupation

White-collar workers.............................................. 578 595 1 .9 1 .7 2 .1 2 .0 2 .1 2 .0Professional and managerial............................ 185 164 1 .3 1 .1 1 .2 l.l 1.1 1 .2Clerical workers................................................. 285 296 2 .5 2 .5 2 .9 2 .9 3 .0 2 .7Sales w orkers..................................................... 108 135 2 .5 2 .4 3 .6 2 .8 3 .4 3 .1

Blue-collar workers................................................ 1 ,1 8 0 1 ,0 8 4 4.6 4 .6 4 .2 4 .1 4 .2 4 .3Craftsmen and foremen...................................... 236 221 2 .8 2 .9 2 .3 2 .3 2 .3 2 .7Operatives........................................................... 675 629 4.9 5 .1 4 .7 4 .7 4 .7 4 .5Nonfarm laborers................................................ 269 234 8.4 7 .4 7 .3 6 .5 7 .3 7 .6

Service workers....................................................... 353 415 4 .1 4 .1 4 .2 4 .6 4 .6 4 .9

Industry

Private wage and salary workers ̂ ....................... 1 .9 0 4 1 ,8 6 6 3 .9 3 .7 3 .7 3 .7 3 .8 3 .9Construction........................................................ 213 224 7 .6 8 .1 7 .1 7 .3 7 .5 7 .8Manufacturing...................................................... 746 617 3 .9 3 .7 3 .6 3 .3 3 .3 3 .3

Durable g o o d s ................................................ 411 281 3 .8 3 .4 3 .0 2 .8 3 .0 2 .7Nondurable g o o d s .......................................... 335 336 4 .0 4 .0 4 .5 4 .0 3 .8 4 .0

Transportation and public utilities .............. 95 75 2 .7 2 .0 1 .9 2 .1 2 .5 2 .3Wholesale aad retail tra de ............................... 416 521 3 .6 3 .5 3 .9 4 .0 4 .1 4 .6Finance and service industries....................... 416 413 3 .5 3 .2 3 .4 3 .6 3 .9 3 .7

Government wage and salary workers................. 163 160 1 .7 1 .8 1 .8 1 .6 1 .6 1 .8Agricultural wage and salary workers................. 58 85 6 .3 6 .4 5 .1 6 .4 5 .0 8 «6

^Insured unemployment voder Scare programs u a pctceac of *Ter»|e covered employment. percent o f pocentislly available labor force msa-hours. ZMaa-bo«rs lose by the aaeaiployed aad persoas oa part time for economic reasoas as a ^Includes mining, not shown separately.

Tabla A-4: Full-and part>tim« status of tltu civilian labor forco May 1967

Full- and part-time employment status TotalMen,

20 and over

Woaien, 20 aad over

-Both sexes, 16-19 years

Full Time

Civilian labor force.................................................................................................................................... 6 5 ,5 3 8 4 3 ,1 6 5 1 9 ,7 5 0 2 ,6 2 4Employed:

Full-time schedules.......................................................................................................................... 6 1 ,9 7 8 4 1 ,4 9 0 1 8 ,3 7 4 2 ,1 1 4Part time for economic rea son s..................................................................................................... 1 ,5 7 3 777 655 142

Unemployed, looking for full-time w ork .......................................................................................... 1 ,9 8 7 898 721 368Unemployment ra te .................................................................................................................................... 3 .0 2 .1 3 .7 1 4 .0

Pert Time

Civilian labor fo r c e .................................................................................................................................. 1 0 ,5 5 7 1 ,9 1 8 5 ,4 1 3 3 ,2 2 5Employed (voluntary part tisro)........................................................................................................... 1 0 ,0 8 6 1 ,8 6 2 5 ,2 3 6 2 ,9 8 8Unemployed, looking for part-time w o rk ............... ........................................................................... 471 56 177 237

Unemployment ra te .................................................................................................................................... 4 .5 2 .9 3 .3 7 .3

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 7: bls_employnews_196705.pdf

(la thousands)

TabU A-5: Employed parsons by ago and sox

Age and sexMay

1967A pr.1967

May1966

Seasonally adjusted

May1967

A p r.1967

Mar.1967

F eb.1967

Jan .1967

Total, 16 years and o v e r ........................................ 7 3 ,6 3 7 7 3,4 45 7 2,6 20 7 3 ,2 8 9 7 3 ,9 10 7 3 ,7 4 7 74 ,1 37 7 4,2 55

16 to 19 y e a r s ....................................................... 5 ,2 4 3 5 ,2 0 5 5 ,1 4 6 5 ,5 9 4 5 ,8 1 6 5 ,9 0 3 5 ,8 4 4 5 ,9 0 016 and 17 years................................................ 2 ,0 8 4 2 ,0 4 3 2 ,0 2 2 2 ,2 0 1 2 ,3 4 6 2 ,4 7 8 2 ,3 9 9 2 ,3 8 918 and 19 y ears................................................ 3 ,1 5 9 3 ,1 6 2 3 ,1 2 4 3 ,3 5 8 3 ,4 7 0 3 ,4 6 5 3 ,4 9 5 3 ,5 1 6

20 to 24 y e a r s .............................. ..................... 8 ,3 2 8 8 ,2 8 2 7 ,9 0 9 8 ,4 2 0 8 ,4 1 8 8 ,3 4 8 8 ,3 5 5 8 ,2 2 825 years and o v e r ................................................ 6 0 ,0 6 5 5 9 ,9 5 9 5 9 ,5 64 5 9 ,3 0 0 5 9 ,6 5 0 5 9 ,5 1 6 6 0 ,0 0 0 6 0 ,1 25

25 to 54 y e a r s .................................................. 4 6 ,5 2 9 4 6 ,4 6 1 4 6 ,1 9 5 4 6 ,0 4 4 4 6 ,2 9 5 4 6 ,3 9 1 4 6 ,6 1 6 4 6 ,7 4 255 years and o v e r ............................................ 1 3 ,5 36 13 ,4 98 1 3 ,3 70 1 3 ,2 4 4 1 3 ,3 60 1 3 ,2 24 1 3 ,4 50 1 3 ,4 68

Males, 16 years and over........................................ 4 7 ,1 4 4 4 6 ,8 3 6 4 6 ,8 3 5 4 7 ,0 5 0 4 7 ,2 7 3 4 7 ,3 5 8 4 7 ,4 7 5 4 7 ,5 3 3

16 to 19 y e a r s ....................................................... 3 ,0 1 5 2 ,8 9 3 3 ,0 0 1 3 ,1 2 8 3 ,1 8 1 3 ,3 4 8 3 ,2 3 9 3 ,3 0 616 and 17 years................................................ 1 ,3 2 7 1 ,2 2 3 1 ,2 9 1 1 ,3 2 4 1 ,3 5 1 1 ,5 1 2 1 ,4 4 4 1 ,4 5 318 and 19 years................................................ r ,688 1 ,6 7 0 1 ,7 1 0 1 ,7 6 6 1 ,8 2 5 1 ,8 5 4 1 ,8 5 2 1 ,8 6 7

20 to 24 y e a r s ....................................................... 4 ,6 7 5 4 ,6 5 5 4 ,5 2 7 4 ,7 5 0 4 ,7 7 1 4 ,7 6 2 4 ,8 1 2 4 ,7 2 125 years and over................................................ .. 3 9 ,4 5 3 3 9 ,2 88 3 9 ,3 06 ' 3 9 ,1 77 3 9 ,3 0 6 3 9 ,2 7 6 3 9 ,4 7 4 3 9 ,4 93

25 to 54 years.................................................. 3 0 ,5 85 3 0 ,5 1 7 3 0 ,5 74 30 ,4 02 3 0 ,5 58 3 0 ,6 4 5 3 0 ,6 97 3 0 ,7 7655 years and o v e r ............................................ 8 ,8 6 8 8 ,7 7 0 8 ,7 3 4 8 ,7 3 8 8 ,7 1 7 8 ,6 7 0 8 ,7 7 7 8 ,7 5 8

Females, 16 years and o v e r .................................. 2 6 ,4 9 3 2 6 ,6 1 0 2 5 ,7 8 6 2 6 ,2 3 9 2 6 ,6 3 7 2 6 ,3 8 9 2 6 ,6 6 2 2 6 ,7 2 2

16 to 19 y e a r s ....................................................... 2 ,2 2 8 2 ,3 1 2 2 ,1 4 5 2 ,4 6 6 2 ,6 3 5 2 ,5 5 5 2 ,6 0 5 2 ,5 9 416 and 17 years................................................ 757 820 731 877 995 966 955 93618 and 19 years................................................ 1 ,4 7 1 1 ,4 9 2 1 ,4 1 4 1 ,5 9 2 1 ,6 4 5 1 ,6 1 1 1 ,6 4 3 1 ,6 4 9

20 to 24 y e a r s ....................................................... 3 ,6 5 3 3 ,6 2 7 3 ,3 8 2 3 ,6 7 0 3 ,6 4 7 3 ,5 8 6 3 ,5 4 3 3 ,5 0 725 years and o v e r ................................................ 2 0 ,6 1 2 2 0 ,6 7 1 2 0 ,2 5 8 2 0 ,1 2 3 2 0 ,3 4 4 2 0 ,2 4 0 2 0 ,5 2 6 2 0 ,6 3 2

25 to 54 y e a r s .................................................. 1 5 ,9 4 4 1 5 ,9 4 4 15 ,6 21 1 5 ,6 42 1 5 ,7 3 7 1 5 ,7 4 6 1 5 ,9 19 1 5 ,9 6655 years and o v e r ............................................ 4 ,6 6 8 4 ,7 2 8 4 ,6 3 6 4 ,5 0 6 4 ,6 4 3 4 ,5 5 4 4 ,6 7 3 4 ,7 1 0

NOTE: Due to the independent seasonal adjustment of several of the series, detail will not necessarily add to totals.

Tablo A-6: Unomployod parsons by ago and sox

Age and sex

Thousands Percentlooking

forfull-time

M ay~ft67

Seasonally adjusted unemployment rates

May1967

A p r.1967

May1967

A p r.1967

Mar.1967

F eb .1967

J an .1967

D ec.1966

Total, 16 years and over....................................... 2 ,4 5 7 2 ,6 6 6 8 0 .9 3 .8 3 .7 3 .6 3 .7 3 .7 3 .7

16 to 19 years..................................................... 606 623 6 0 .7 1 3 .1 1 1 .6 1 0 .7 1 3 .2 1 1 .0 1 2 .216 and 17 years.............................................. 277 297 4 1 .9 13 .7 1 4 .8 1 2 .0 1 6 .4 1 3 .1 1 3 .818 and 19 years.............................................. 328 326 77 .1 1 2 .8 1 0 .9 9 .8 1 1 .0 9 .5 1 0 .8

20 to 24 years....................................................... 415 424 9 0 .8 5 .2 5 .1 5 .4 5 .2 5 .6 5 .625 years and o v e r .............................................. 1 ,4 3 7 1 ,6 1 7 8 6 .4 2 .6 2 .6 2 .6 2 .5 2 .6 2 .6

25 to 54 y ears................................................ 1 ,1 1 1 1 ,2 5 6 8 8 .1 2 .7 2 .7 2 .6 2 .6 2 .6 2 .555 years and o v e r .......................................... 326 362 8 0 .7 2 .7 2 .5 2 .5 2 .2 2 .9 2 .5

Males, 16 years and over...................................... 1 ,2 9 1 1 ,4 3 3 8 5 .4 3 .2 3 .0 2 .9 3 .0 2 .9 3 .2

16 to 19 years ..................................................... 337 363 6 0 .5 1 2 .9 1 1 .3 1 0 .1 1 2 .6 1 1 .1 1 2 .216 and 17 years.............................................. 173 199 4 2 .2 1 4 .5 1 6 .8 1 1 .3 1 4 .8 1 3 .9 1 3 .818 and 19 years.............................................. 163 164 8 0 .4 1 1 .8 1 0 .8 9 .0 1 0 .3 8 .8 1 0 .8

20 to 24 y ears.................................................... 213 191 9 3 .0 4 .9 4 .0 4 .2 3 .6 4 .2 5 .325 years and ov e r .............................................. 742 878 9 4 .3 2 .1 2 .1 2 .1 2 .0 2 .0 2 .1

25 to 54 y ears................................................ 526 634 9 7 .7 2 .0 2 .0 2 .0 1 .9 1 .8 2 .055 years and o v e r .......................................... 216 245 8 6 .1 2 .8 2 .6 2 .4 2 .2 2 .8 2 .3

Females, 16 years and o v e r ................................ 1 ,1 6 6 1 ,2 3 3 7 5 .9 4 .8 4 .9 4 .9 5 .1 5 .0 4 .7

16 to 19 years..................................................... 269 260 6 1 .0 1 3 .4 1 1 .3 1 1 .6 1 3 .9 1 0 .8 1 2 .216 and 17 years ........................................... 104 98 4 1 .3 1 2 .4 1 2 .0 1 3 .1 1 8 .7 1 1 .9 1 3 .718 and 19 years ............................................ 165 162 7 3 .9 1 3 .8 1 1 .0 1 0 .7 1 1 .7 1 0 .2 1 0 .7

20 to 24 years ................................................ 202 233 8 8 .6 5 .5 6 .6 6 .9 7 .3 7 .4 6 .125 years and over............................................... 695 739 7 8 .0 3 .4 3 .6 3 .6 3 .5 3 .8 3 .5

25 to 54 years................................................ 585 622 7 9 .5 4 .0 3 .9 3 .9 3 .7 4 .0 3 .655 years and ov e r .......................................... 110 117 7 0 .0 2 .6 2 .4 2 .8 2 .1 3 .3 3 .0

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 8: bls_employnews_196705.pdf

Table B-l: Employees on nonagricultural payrolls, by industry

(In thousands)

Industry M ay1967

A p r .

19671 M a r .

1967May1966

Change fromSeasonally adjusted

May

1967A p r .1967

M ax.

1967

Changefrom

Apr.1967

A p r .1967

M ay1966

TOTAL ...................................... 65,376 64,990 61*, 628 63,465 386 1,9H 65,435 65,1*79 65,600 -44

MINING.................................. 621 619 610 633 2 -9 619 625 627 -6

CONTRACT CONSTRUCTION.___ 3,197 3,089 2,896 3,277 108 -80 3,159 3,262 3,321 -103

MANUFACTURING.................... 19,01*6 19,075 19,161 18,906 -29 140 19,143 i9,221 19,355 -78P rod u ction w o r k e r s ...................... 14,006 14,035 14,128 14,074 -29 -68~ . 14,088 ll*,l67 14,297 -79

DURABLE GOODS............................... 11,239 11,224 11,289 11,130 15 109 11,232 11,247 11,375 -15P rod u ction w o r k e r s ...................... 8,235 8,225 8,292 8,277 10 -42 8,222 8,242 8,369 -20

Ordnance and a ccessories................ 283.6 283.5 283.2 251.8 .1 31.8 286 285 283 1Lumber and wood p ro d u c ts ............. 597.** 589.1 585.6 626.4 8.3 -29.0 594 603 617 -9Furniture and fix tu re a ...................... 1*43.7 1*45.1 450.3 450.5 -1.4 -6.8 450 449 454 1Stone, clay , and g lass products . . 623.6 619.3 613.7 647.8 4.3 -24.2 619 624 637 -5Primary metal industries................... 1,287.5 1,294.9 1,310.4 1,329.6 -7.4 -42.1 1,274 1,281 1,306 -7Fabricated metal products................ 1,353.2 1,350.7 1,353.8 1,31*0.7 2.7 12.7 1,353 1,359 1,372 —0M achinery.............................................. 1,932.1 1,937.4 1,91*4.1 1,855.2 -5.3 76.9 1,922 1,922 1,932 0E lectrical equipm ent......................... 1,901.5 1,908.4 l,9l*0.0 1,858.1 -6.9 43.4 1,921 1,925 1,954 -4Transportation equipm ent................ 1,936.8 1,918.4 1,935.6 1,910.2 18.4 26.6 1,927 1,910 1,930 17Instruments and related products . 41*5.8 446.6 447.5 421.4 -.8 24.4 449 449 450 0M iscellaneous manufacturing. . . . 433.4 430.3 425.1 438.5 3-1 -5.1 437 440 440 -3

NONDURABLE GO OD S..................... 7,807 7,851 7,872 7,776 -44 31 7,9H 7,974 7,980 -63P rod u ction w o r k e r s ..................... 5,771 5,810 5,836 5,797 -39 -26 5,866 5,925 5,928 -59

Food and kindred p ro d u c ts ............. 1,702.7 1,692.8 1,693.6 1,683.5 9.9 19.2 1,768 1,775 1,787 -7T obacco m anufactures...................... 75.0 75.3 77.1 73.8 -.3 1.2 87 86 85 1Textile mill products......................... 928.2 933.8 936.3 951.8 -5.6 -23.6 928 936 941 -8Apparel and related products . . . . 1,374.1 1,373.5 1,394.7 1,396.9 .6 -22.8 1,389 1,389 1,380 0Paper and a llied products................ 678.7 681.4 681.1 661.4 -2.7 ~ 17.3 683 686 688 -3Printing and p u b lish in g ................... 1,065.8 1,064.8 1,064.5 1,015.3 1.0 50.5 1,069 1,067 1,068 2Chemicals and allied products . . . 983.7 984.9 976.9 948.6 -1.2 35.1 980 978 978 2Petroleum and related products . . 182.3 181.1 178.5 182.9 1.2 -.6 182 182 181 0Rubber and plastic products . . . . 478.3 522.9 524.5 505.4 -44.6 -27.1 480 527 528 -47Leather and leather products . . . . 338.2 31*0.0 345.1 356.4 -1.8 -18.2 345 348 344 -3

TRANSPORTATION AND PUBLICUTILITIES............................ 4,218 4,11*7 4,168 4,115 71 103 4; 235 4,185 4,223 50

WHOLESALE AND RETAIL TRADE. 13,465 13,388 13,317 13,061 77 404 13,581 13,578 13,547 3

WHOLESALE TRADE ...................... 3,523 3,515 3,504 3,400 8 123 3,569 3,565 3,554 4RETAIL TRADE.................................. 9,942 9,873 9,813 9,661 69 281 10,012 10,013 9,993 -1

FINANCE, INSURANCE, AND8REAL ESTATE...................... 3,177 3,162 3,137 3,070 15 107 3,183 3,175 3,159

SERVICE AND MISCELLANEOUS. . 10,091 9,987 9,841 9,572 104 519 10,031 10,007 9,981 24

GOVERNMENT ........................ 11,561 11,523 11,498 10,834 38 727 11,484 11,426 11,387 58

FEDERAL.............................................. 2,691 2,683 2,669 2,513 8 178 2,702 2,691 2,688 11STATE AND L O C A L ......................... 8,870 8,81*0 8,829 8,321 30 549 8,782 8,735 8,699 47

NOTE: Data for die 2 most recent months are preliminary.

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Page 9: bls_employnews_196705.pdf

Table B-2: A verage weekly hours of production or nonsupervisory workers1on private nonagricultural payrolls, by industry

Industry May1967

Apr.1967

Mar.1967

May1966

Change from Seasonally adjusted

May1967

Apr.1967

Mar.1967

ChangefromApr.1067

Apr.1967

May 1966

TOTAL P R IV A T E .................. 37 .9 37 .8 38.0 38 .6 0 .1 -0 .7 _MINING................................. 1*2.6 1*2.3 1*1.8 1*2.9 .3 - . 3 4 2 .3 4 2 .6 42.1* -0 .3CONTRACT CONSTRUCTION------ 37 .2 36.9 36 .7 37.0 .3 .2 36 .3 37 .2 37.5 - 9MANUFACTURING.................... 1*0.3 1*0.2 1*0.3 1*1.5 .1 - 1 .2 1*0.3 1*0.5 1*0.1* - . 2

O vertim e b o m s ............................... 3 .1 3 .1 3 .2 1*.0 0 - 9 3 .1 3 .2 3 .4 - . 1DURABLE GOODS.............................. 1*1.0 1*0.8 1*0.9 1*2.3 .2 - 1 .3 1*0.9 4 0 .9 41 .0 0

O vertim e b o m s ............................... 3-3 3 .2 3 .3 l*.l* .1 -1 .1 3 .3 3 .3 3 .5 01*1.6 1*1.3 1*1.6 1*2.3 • 3 - 7 1*1.7 41 .4 4 1 .7 .31*0.7 1*0.5 1*0.1 1*1.7 .2 -1 .0 1*0.1* 4 0 .7 4 0 .6 - . 3

Furniture and fixture a ..................... 39.^ 3 9 A 39.7 1*1.1* 0 -2 .0 1*0.0 1*0.1 4 0 .1 - . 1Stone, clay, and glass products . . 1*1.6 1*1.3 1*0.9 1*2.3 .3 - 7 1*1.1 4 1 .3 4 1 .6 - . 2Primary metal industries.................. 1*0.6 1*0.5 1*0.9 1*2.1* .1 -1 .8 1*0.1* 4 0 .0 1*0.7 .4Fabricated metal products................ 1*1.7 1*1.2 1*1.2 1*2.6 .5 - 9 41 .5 4 1 .4 4 l .4 .1M achinery.............................................. 42. T 1*2.7 4 3 .1 1*4.1 0 -1.1* 42 .4 4 2 .6 43 .0 - . 2E lectrical equipm ent........................ 39 .6 39 .6 39 .9 1*1.3 0 -1 .7 39 .6 39 .9 40 .0 - . 3Transportation equipm ent................ 1*0.8 1*0.5 1*0.5 1*2.1* .3 -1 .6 4 0 .6 4 0 .9 1*0.7 - . 3Instruments and related products . 1*1.3 1*1.1 4 1 .3 1*2.3 .2 -1 .0 4 1 .4 4 1 .2 4 1 .5 .2Miscellaneous manufacturing. . . . 39 .3 39 .3 39 .3 1*0.1 0 - . 8 39 .5 39-6 39 .2 - . 1

NONDURABLE GOODS...................... 39.5 39 .3 39.4 1*0.3 .2 - . 8 39 .5 39 .7 39 .6 - . 2O vertim e b o m s .................................. 2 .9 2 .9 2 .9 3 .4 0 - . 5 2 .9 3 .0 3 .0 - . 1

Food and kindred p ro d u c ts ............. 1*0.6 1*0.2 1*0.5 1*0.9 .1* - . 3 4 0 .6 1*0.9 4 l . l - . 3T obacco manufactures..................... 38.0 38 .7 37-4 38 .3 - 7 - 3 38 .2 39 .8 38 .5 -1 .6Textile mill products.................. ... . 1*0.5 1*0.2 1*0.2 1*2.2 .3 -1 .7 1*0.5 4 0 .6 4 0 .3 - . 1Apparel and related products . . . . 36.0 35 .9 35 .9 36 .5 .1 - . 5 36 .0 36 .2 35.5 - . 2Paper and a llied products............... 1*2.1* 1*2.1* 1*2.6 1*3.6 0 -1 .2 4 2 .5 4 2 .9 4 2 .8 - . 4Printing and pu b lish in g ................... 38 .3 38.1* 38 .6 38 .8 - . 1 - . 5 38 .2 38 .7 38 .5 - . 5Chemicals and allied products. . . 1*1.1* 1*1.8 1*1.7 1*2.2 -.1* - . 8 4 1 .2 4 1 .7 4 1 .7 - . 5Petroleum and related products . . 1*2.1 1*2.7 1*2.1* 1*2.7 - . 6 - . 6 4 1 .9 4 2 .7 4 3 .1 - . 8Rubber and plastic products . . . . 1*0.7 1*0.7 1*0.8 1*2.1 0 -1.1* 1*0.7 4 1 .2 4 l.O - . 5Leather and leather products . . . . 37-4 36.5 36.9 38 .6 .9 -1 .2 37 .8 37 .7 36 .9 .1

WHOLESALE AND RETAIL TRADE. 36 .2 36 .2 36 .3 36 .9 .0 - 7 36 .3 36 .4 36.5 - . 1WHOLESALE TRADE ..................... 1*0.1 1*0.2 1*0.1* 1*0.7 - . 1 - . 6 4 0 .1 1*0.3 1*0.5 - . 2RETAIL TRADE................................. 35.0 34 .9 35.0 35 .6 .1 - . 6 35 .2 35 .1 35 .3 .1

FINANCE. INSURANCE, ANDREAL ESTATE...................... 37.0 37.0 37 .1 37-2 0 - . 2 - - - -

1 DATA RELATE TO PRODUCTION WORKERS IN MINING AND MANUFACTURING: TO CONSTRUCTION WORKERS IN CONTRACT CONSTRUCTION: AND TO NONSUPERVISORY WORKERS IN WHOLESALE AND RETAIL TRADE; FINANCE, INSURANCE, ANO REAL ESTATE; TRANSPORTATION AND PUBLIC U T IL IT IE S ; AND SERVICES. THESE GROUPS ACCOUNT FOR APPROXIMATELY FOUR-FIFTHS OF THE TOTAL EMPLOYMENT ON PRIVATE NONAGRICULTURAL PAYROLLS. TRANSPORTATION AND PUBLIC U T IL IT IE S , AND SERVICES ARE INCLUDED IN TOTAL PRIVATE BUT ARE NOT SHOWN SEPARATELY IN TH IS TABLE.

NOTE: OATA FOR THE 2 MOST RECENT MONTHS ARE PRELIMINARY.

Table B>3: Average hourly and weekly earn ings of production or nonsupervisory workers1-

on private nonagricultural payrolls, by industry

I n d u s t r y

Average hou rly earnings A ve ra ge w eek ly earn ings

May1967

Apr.1967

Mar.1967

May1966

Change from May1967

Apr.1967

Mar.1967

May1966

Change from

Apr.1967

May1966

Apr.1967

May1966

TOTAL PRIVATE.................. $2.61* $2.63 $2.61 $2.54 $0.01 ; $0.10 $100.06 $99.41 $99.18 $98.04 $0.65 $2.02MINING................................. 3.16 3.18 3.16 3.05 -.02 .n 134.62 134.51 132.09 130.85 .11 3.77CONTRACT CONSTRUCTION------ 4.00 3.98 3.98 3.83 .02 .17 148.80 146.86 146.07 141.71 1.94 7.09MANUFACTURING.................... 2.80 2.80 2.79 2.70 0 .10 112.84 112.56 112.44 112.05 .28 •79

DURABLE GOODS............................... 2.98 2.97 2.96 2.88 .01 .10 122.18 121.18 121.06 121.82 1.00 .363.21 3.22 3.22 3.18 -.01 .03 133.54 132.99 133.95. 134.51 • 55 -9 7

Lumber and wood p ro d u c ts ............ 2.39 2.36 2.32 2.27 .03 .12 97.27 95.58 93.03 94.66 1.69 2.61Furniture and fix tu re a ...................... 2.29 2.29 2.28 2.19 0 .10 90.23 90.23 90.52 90.67 0 -.44Stone, cldy, and glass products . . 2.81 2.79 2.78 2.71 .02 .10 116.90 115.23 UL3.70 114.63 1.67 2.27Primary metal industries................... 3.29 3.29 3.31 3.28 0 .01 133.57 133.25 135.38 139.07 .32 -5.50Fabricated metal products............... 2.97 2.94 2.93 2.86 .03 .11 123.85 121.13 120.72 121.84 2.72 2.01M achinery.............................................. 3.16 3.15 3.16 3.08 .01 .08 134.93 134.51 136.20 135.83 .42 -.90Electrical equipm ent......................... 2.74 2.73 2.71 2.63 .01 .11 IO8.5O 108.11 108.13 108.62 .39 -.12Transportation equipm ent................ 3.40 3.39 3.37 3.28 .01 .12 138.72 137-30 136.49 139.07 1.42 -3 5Instruments and related products . 2.79 2.77 2.77 2.69 .02 .10 115.23 113.85 114.40 U3.79 1.38 1.44Miscellaneous manufacturing. . . . 2.33 2.33 2.34 2.21 0 .12 91.57 91.57 91.96 88.62 0 2.95

NONDURABLE GOODS..................... 2.55 2.55 2.54 2.44 0 .11 IOO.73 100.22 100.08 98.^3 .51 2.40Food and kindred p ro d u c ts ............ 2.64 2.65 2.63 2.54 -.01 .10 IO7.I8 106.53 106.52 103.89 .65 3.29T obacco m anufactures..................... 2.36 2.36 2.34 2.27 0 .09 89.68 91.33 87.52 86.94 -1.65 2.74Textile mill products......................... 2.02 2.02 2.01 1.93 0 .09 81.81 81.20 80.80 81.45 .61 .36Apparel and related products . . . . 2.00 2.01 2.00 I.87 -.01 .13 72.00 72.16 71.80 68.26 -.16 3.74Paper and allied products............... 2.81 2.82 2.81 2.73 -.01 .08 119.14 119.57 119.71 119.03 -.43 .11Printing and p u b lish in g .................. 3.24 3.22 3.23 3.15 .02 .09 124.09 123.65 124.68 122.22 .44 I.87Chemicals and allied products. . . 3.07 3.05 3.05 2.95 .02 .12 127.10 127.49 127.19 124.49 -.39 2.61Petroleum and related products . . 3.53 3.57 3.56 3.41 -.04 .12 148.61 152.44 150.94 145.61 -3-83 3.00Rubber and plastic products . . . . 2.65 2.70 2.70 2.65 -.05 0 107.86 IO9.89 110.16 111.57 -2.03 -3.71Leather and leather products . . . . 2.06 2.06 2.05 1.94 0 .12 77.04 75.19 75.65 74.88 1.85 2.16

WHOLESALE AND RETAIL TRADE. 2.24 2.24 2.22 2.13 0 .11 81.09 81.09 80.59 78.60 0 2.49WHOLESALE TRADE ..................... 2.87 2.87 2.84 2.73 0 .14 115.09 115.37 114.74 1 1 1 .1 1 -.28 3.98RETAIL TRADE................................. 2.00 2.00 1.98 1.90 0 .10 70.00 69.80 69.33 67.64 .20 2.36

FINANCE, INSURANCE, ANDREAL ESTATE...................... 2.58 2.59 2.57 2.49 -.01 .09 95.46 95.83 95.35 92.63 -3 7 2.831 SEE FOOTNOTE 1, TABLE B -2.

NOTE: DATA FOR THE 2 MOST RECENT MONTHS ARE PRELIMINARY.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis