Business Services Industry
Employment, unemployment, and wages
Economic Indicators, Dec, 2002
EMPLOYMENT, UNEMPLOYMENT, AND WAGES
STATUS OF THE LABOR FORCE
In November, employment fell by 689,000, and unemployment
rose by 299,000.
[GRAPHIC OMITTED]
[Thousands of persons 16 years of age and over, except as noted;
monthly data seasonally adjusted except as noted by NSA]
Civilian Civilian employment
noninstitu- Civilian
Period tional labor Total Agricul-
population force tural
NSA
1992 192,805 128,105 118,492 3,247
1993 194,838 129,200 120,259 3,115
1994 (3) 196,814 131,056 123,060 3,409
1995 198,584 132,304 124,900 3,440
1996 200,591 133,943 126,708 3,443
1997 (4) 203,133 136,297 129,558 3,399
1998 (4) 205,220 137,673 131,463 3,378
1999 (4) 207,753 139,368 133,488 3,281
2000 (4) 209,699 140,863 135,208 3,305
2001 211,864 141,815 135,073 3,144
2001: Nov 212,767 142,279 134,253 3,154
Dec 212,927 142,314 134,055 3,246
2002: Jan 213,089 141,390 133,468 3,273
Feb 213,206 142,211 134,319 3,246
Mar 213,334 142,005 133,894 3,126
Apr 213,492 142,570 133,976 3,154
May 213,658 142,769 134,417 3,097
June 213,842 142,476 134,053 3,110
July 214,023 142,390 134,045 3,282
Aug 214,225 142,616 134,474 3,188
Sept 214,429 143,277 135,185 3,298
Oct 214,643 143,123 134,914 3,525
Nov 214,819 142,733 134,225 3,357
Civilian employment
Unemployment
Nonagricultural
15
Period Part time weeks
for and
Total economic Total over
reasons (1)
1992 115,245 6,240 9,613 3,408
1993 117,144 6,230 8,940 3,094
1994 (3) 119,651 4,414 7,996 2,860
1995 121,460 4,279 7,404 2,363
1996 123,264 4,123 7,236 2,316
1997 (4) 126,159 3,879 6,739 2,062
1998 (4) 128,085 3,501 6,210 1,637
1999 (4) 130,207 3,189 5,880 1,480
2000 (4) 131,903 3,045 5,655 1,309
2001 131,929 3,529 6,742 1,746
2001: Nov 131,099 4,017 8,026 2,317
Dec 130,809 4,119 8,259 2,410
2002: Jan 130,195 3,781 7,922 2,546
Feb 131,073 3,998 7,891 2,561
Mar 130,768 3,848 8,111 2,688
Apr 130,823 4,009 8,594 2,854
May 131,320 3,818 8,351 2,952
June 130,942 3,758 8,424 3,103
July 130,763 3,949 8,345 2,883
Aug 131,286 4,060 8,142 2,783
Sept 131,887 4,068 8,092 2,900
Oct 131,389 4,148 8,209 2,980
Nov 130,867 4,032 8,508 3,022
Percent (2)
Not in Labor Employ- Unem-
Period labor force ment/ ploy-
force partici- pop- ment
pation ulation rate
rate ratio
1992 64,700 66.4 61.5 7.5
1993 65,638 66.3 61.7 6.9
1994 (3) 65,758 66.6 62.5 6.1
1995 66,280 66.6 62.9 5.6
1996 66,647 66.8 63.2 5.4
1997 (4) 66,837 67.1 63.8 4.9
1998 (4) 67,547 67.1 64.1 4.5
1999 (4) 68,385 67.1 64.3 4.2
2000 (4) 68,836 67.2 64.5 4.0
2001 70,050 66.9 63.8 4.8
2001: Nov 70,488 66.9 63.1 5.6
Dec 70,613 66.8 63.0 5.8
2002: Jan 71,699 66.4 62.6 5.6
Feb 70,995 66.7 63.0 5.5
Mar 71,329 66.6 62.8 5.7
Apr 70,922 66.8 62.8 6.0
May 70,889 66.8 62.9 5.8
June 71,366 66.6 62.7 5.9
July 71,633 66.5 62.6 5.9
Aug 71,609 66.6 62.8 5.7
Sept 71,152 66.8 63.0 5.6
Oct 72,519 66.7 62.9 5.7
Nov 72,087 66.4 62.5 6.0
(1) Persons at work. Economic reasons include slack work, material
shortages, inability to find fulltime work, etc.
(2) Civilian labor force (or employment) as percent of civilian
noninstutional population; and unemployment as percent of civilian
labor force.
(3) Data beginning January 1994 are not directly comparable with
data for earlier periods because of a major redesign of the household
survey questionnaire.
(4) Not strictly comparable with earlier data.
NOTE.--See Employment and Earnings for details on breaks in series.
SOURCE: Department of Labor, Bureau of Labor Statistics.
SELECTED UNEMPLOYMENT RATES
In November, the unemployment rate rose to 6.0 percent from 5.7
percent in October.
[GRAPHICS OMITTED]
[Monthly data seasonally adjusted]
Unemployment rate (percent of civilian labor force in
group)
By sex and age
Period
All Men Women Both
civilian 20 years 20 years sexes
workers and over and over 16-19
years
1992 7.5 7.1 6.3 20.1
1993 6.9 6.4 5.9 19.0
1994 (2) 6.1 5.4 5.4 17.6
1995 5.6 4.8 4.9 17.3
1996 5.4 4.6 4.8 16.7
1997 4.9 4.2 4.4 16.0
1998 4.5 3.7 4.1 14.6
1999 4.2 3.5 3.8 13.9
2000 4.0 3.3 3.6 13.1
2001 4.8 4.2 4.1 14.7
2001: Nov 5.6 5.2 4.9 15.7
Dec 5.8 5.2 5.2 16.2
2002: Jan 5.6 5.2 4.8 16.1
Feb 5.5 5.0 5.0 15.6
Mar 5.7 5.2 5.0 16.4
Apr 6.0 5.4 5.4 16.8
May 5.8 5.2 5.2 16.9
June 5.9 5.4 5.1 17.6
July 5.9 5.2 5.2 17.7
Aug 5.7 5.2 4.9 17.2
Sept 5.6 5.2 4.9 15.7
Oct 5.7 5.2 5.2 14.6
Nov 6.0 5.7 5.0 16.8
Unemployment rate (percent of civilian labor
force in group)
By race
Period
Black
White and Black
other
1992 6.6 12.7 14.2
1993 6.1 11.7 13.0
1994 (2) 5.3 10.5 11.5
1995 4.9 9.6 10.4
1996 4.7 9.3 10.5
1997 4.2 8.8 10.0
1998 3.9 7.8 8.9
1999 3.7 7.0 8.0
2000 3.5 6.7 7.6
2001 4.2 7.7 8.7
2001: Nov 5.0 8.8 9.9
Dec 5.1 9.1 10.2
2002: Jan 5.0 8.7 9.8
Feb 4.9 8.8 9.6
Mar 5.0 9.5 10.7
Apr 5.3 10.0 11.2
May 5.2 9.1 10.2
June 5.2 9.5 10.7
July 5.3 8.9 9.9
Aug 5.1 8.8 9.6
Sept 5.1 8.5 9.6
Oct 5.1 8.8 9.8
Nov 5.2 9.8 11.0
Unemployment rate (percent of civilian
labor force in group)
By selected groups
Period Expe-
rienced Married Women
wage men, who
and spouse maintain
salary present families
workers
1992 7.2 5.1 10.0
1993 6.6 4.4 9.7
1994 (2) 5.9 3.7 8.9
1995 5.4 3.3 8.0
1996 5.2 3.0 8.2
1997 4.7 2.7 8.1
1998 4.3 2.4 7.2
1999 4.0 2.2 6.4
2000 3.9 2.0 5.9
2001 4.6 2.7 6.6
2001: Nov 5.5 3.3 8.0
Dec 5.7 3.4 8.0
2002: Jan 5.5 3.5 7.9
Feb 5.5 3.4 8.0
Mar 5.7 3.4 7.3
Apr 5.9 3.9 8.6
May 5.8 3.6 8.1
June 5.7 4.1 8.2
July 5.7 3.5 8.4
Aug 5.5 3.4 7.3
Sept 5.5 3.6 7.2
Oct 5.7 3.4 8.0
Nov 5.7 3.6 8.3
Unemployment rate (percent of
civilian labor force in group)
Period By selected groups
Full-time Part-time
workers (1) workers (1)
1992 7.5 7.5
1993 6.9 7.2
1994 (2) 6.1 6.0
1995 5.5 6.0
1996 5.3 5.8
1997 4.8 5.5
1998 4.3 5.3
1999 4.1 5.0
2000 3.9 4.8
2001 4.7 5.1
2001: Nov 5.6 5.6
Dec 5.8 5.6
2002: Jan 5.7 5.2
Feb 5.7 4.8
Mar 5.8 5.2
Apr 6.2 5.2
May 5.9 5.6
June 6.1 5.0
July 5.9 5.4
Aug 5.7 5.6
Sept 5.7 5.3
Oct 5.8 5.3
Nov 6.1 5.1
(1) Revised definition; for details, see Employment and Earnings,
February 1994.
(2) Data beginning January 1994 are not directly comparable with data
for earlier periods.
NOTE.--Data relate to persons age 16 years and over.
Source: Department of Labor, Bureau of Labor Statistics.
SELECTED MEASURES OF UNEMPLOYMENT AND UNEMPLOYMENT INSURANCE
PROGRAMS
In November, the percentages of the unemployed who had been out of work
for less than 5 weeks and for 27 weeks and over rose; the percentages
for 5-14 weeks and for 15-26 weeks fell. The mean duration of
unemployment rose to 17.7 weeks and the median duration fell
to 9.3 weeks.
[GRAPHICS OMITTED]
[Monthly data seasonally adjusted, except as noted]
Duration of unemployment
Un-
employ- Percent distribution
Period ment
(thou- Less
sands) than 5-14
5 weeks
weeks
1992 9,613 35.1 29.4
1993 8,940 36.5 28.9
1994 (3) 7,996 34.1 30.1
1995 7,404 36.5 31.6
1996 7,236 36.4 31.6
1997 6,739 37.7 31.7
1998 6,210 42.2 31.4
1999 5,880 43.7 31.2
2000 5,655 45.0 31.9
2001 6,742 42.0 32.1
2001: Nov 8,026 38.7 32.2
Dec 8,259 37.1 33.4
2002: Jan 7,922 36.7 31.9
Feb 7,891 35.8 31.8
Mar 8,111 37.6 29.5
Apr 8,594 33.0 33.3
May 8,351 34.4 30.3
June 8,424 31.7 32.3
July 8,345 35.1 29.9
Aug 8,142 35.6 30.0
Sept 8,092 33.4 30.9
Oct 8,209 33.2 30.3
Nov 8,508 34.5 29.6
Duration of unemployment
Percent distribution
Period Number of weeks
27
15-26 weeks Aver-
weeks and age Median
over (mean)
1992 15.1 20.3 17.7 8.7
1993 14.5 20.1 18.0 8.3
1994 (3) 15.5 20.3 18.8 9.2
1995 14.6 17.3 16.6 8.3
1996 14.6 17.4 16.7 8.3
1997 14.8 15.8 15.8 8.0
1998 12.3 14.1 14.5 6.7
1999 12.8 12.3 13.4 6.4
2000 11.8 11.4 12.6 5.9
2001 14.1 11.8 13.2 6.8
2001: Nov 15.1 13.9 14.4 7.6
Dec 15.9 13.7 14.5 8.2
2002: Jan 17.5 13.9 14.6 8.8
Feb 17.5 14.9 15.0 8.1
Mar 16.6 16.3 15.4 8.1
Apr 16.1 17.6 16.6 8.9
May 15.7 19.6 17.1 9.8
June 16.6 19.4 17.3 11.7
July 16.4 18.6 16.4 8.6
Aug 16.2 18.2 16.2 8.4
Sept 16.2 19.5 17.8 9.5
Oct 16.2 20.3 17.5 9.6
Sept 15.3 20.6 17.7 9.3
Reason for unemployment:
percent distribution
Period
Job Job New
los- leav- Reen- en-
ers (1) ers trants trants
1992 56.1 10.4 23.8 9.7
1993 54.2 10.9 24.6 10.3
1994 (3) 47.7 9.9 34.8 7.6
1995 46.9 11.1 34.1 7.8
1996 46.6 10.7 34.7 8.0
1997 45.1 11.8 34.7 8.4
1998 45.5 11.8 34.3 8.4
1999 44.6 13.3 34.1 8.0
2000 44.1 13.7 34.6 7.6
2001 50.8 12.3 30.1 6.7
2001: Nov 56.0 10.5 27.3 6.2
Dec 54.4 11.0 28.6 6.0
2002: Jan 55.1 11.1 27.7 6.1
Feb 54.4 11.0 28.5 6.1
Mar 52.3 10.6 30.3 6.8
Apr 53.2 12.0 28.8 6.1
May 54.5 10.7 28.9 5.9
June 54.8 10.0 28.2 7.0
July 54.9 9.8 28.5 6.8
Aug 55.1 10.0 27.4 7.5
Sept 56.0 9.6 27.9 6.5
Oct 56.5 10.0 27.9 5.6
Nov 55.1 9.7 28.2 7.0
State Insured
programs unem-
Period ployment,
Insured all
unem- Initial regular
ploy- claims programs
ment (unadjust-
ed) (2)
Weekly average, thousands
1992 3,245 408 3,348
1993 2,751 341 2,845
1994 (3) 2,670 340 2,739
1995 2,572 357 2,633
1996 2,595 356 2,650
1997 2,323 323 2,366
1998 2,222 321 2,257
1999 2,188 298 2,219
2000 2,110 301 2,141
2001 2,972 404 3,005
2001: Nov 3,603 439 3,138
Dec 3,540 410 3,940
2002: Jan 3,475 401 4,313
Feb 3,522 391 4,300
Mar 3,619 422 4,138
Apr 3,757 435 3,947
May 3,797 412 3,250
June 3,672 393 3,539
July 3,513 386 3,524
Aug 3,532 399 3,123
Sept 3,627 423 3,267
Oct 3,597 401 2,935
Nov 3,483 (r) 378 3,081
(1) Beginning January 1994, job losers and persons who completed
temporary jobs.
(2) Includes State (50 States, District of Columbia, Puerto Rico, and
Virgin Islands), ex-servicemen (UCX), and Federal (UCFE). Railroad
(RR) programs included through 1993. Also includes Federal and State
extended benefit programs. Does not include Federal supplemental
compensation or Emergency Unemployment Compensation programs.
(3) Data beginning January 1994 are not directly comparable with
data for earlier periods.
NOTE.--Data relate to persons age 16 years and over (except for
insured unemployment and initial claims).
Source: Department of Labor (Bureau of Labor Statistics and
Employment and Training Administration).
NONAGRICULTURAL EMPLOYMENT
Total nonagricultural employment as measured by the payroll survey
fell by 40,000 in November.
[GRAPHICS OMITTED]
[Thousands of wage and salary workers; (1) monthly data seasonally
adjusted]
Total Goods-producing industries
nonagri-
Period cultural Con-
employ- Total (2) struc-
ment tion
1992 108,601 23,231 4,492
1993 110,713 23,352 4,668
1994 114,163 23,908 4,986
1995 117,191 24,265 5,160
1996 119,608 24,493 5,418
1997 122,690 24,962 5,691
1998 125,865 25,414 6,020
1999 128,916 25,507 6,415
2000 131,720 25,669 6,653
2001 131,922 24,944 6,685
2001: Nov 131,087 24,353 6,629
Dec 130,890 24,261 6,634
2002: Jan 130,871 24,130 6,615
Feb 130,706 24,041 6,597
Mar 130,701 23,975 6,593
Apr 130,680 23,905 6,541
May 130,702 23,870 6,541
June 130,736 23,861 6,549
July 130,790 23,812 6,519
Aug 130,913 23,801 6,556
Sept 130,829 23,748 6,556
Oct 130,915 23,694 6,545
Nov (p) 130,875 23,643 6,541
Goods-producing industries
Manufacturing
Non-
Period Total Durable durable
goods goods
1992 18,104 10,277 7,827
1993 18,075 10,221 7,854
1994 18,321 10,448 7,873
1995 18,524 10,683 7,841
1996 18,495 10,789 7,706
1997 18,675 11,010 7,665
1998 18,805 11,205 7,600
1999 18,552 11,111 7,441
2000 18,473 11,141 7,332
2001 17,695 10,636 7,059
2001: Nov 17,158 10,237 6,921
Dec 17,062 10,166 6,896
2002: Jan 16,947 10,070 6,877
Feb 16,880 10,023 6,857
Mar 16,822 9,976 6,846
Apr 16,800 9,976 6,824
May 16,771 9,963 6,808
June 16,757 9,944 6,813
July 16,742 9,922 6,820
Aug 16,690 9,889 6,801
Sept 16,640 9,832 6,808
Oct 16,596 9,801 6,795
Nov (p) 16,551 9,765 6,786
Service-producing industries
Trans-
porta- Whole- Retail
Period tion and sale trade
Total public trade
utilities
1992 85,370 5,718 5,997 19,356
1993 87,361 5,811 5,981 19,773
1994 90,256 5,984 6,162 20,507
1995 92,925 6,132 6,378 21,187
1996 95,115 6,253 6,482 21,597
1997 97,127 6,408 6,648 21,966
1998 100,451 6,611 6,800 22,295
1999 103,409 6,834 6,911 22,848
2000 106,051 7,031 6,947 23,337
2001 106,978 7,065 6,776 23,522
2001: Nov 106,734 6,907 6,693 23,449
Dec 106,629 6,856 6,702 23,318
2002: Jan 106,741 6,850 6,702 23,396
Feb 106,665 6,837 6,689 23,331
Mar 106,726 6,814 6,681 23,332
Apr 106,775 6,799 6,678 23,345
May 106,832 6,793 6,681 23,327
June 106,875 6,790 6,681 23,308
July 106,978 6,780 6,679 23,339
Aug 107,112 6,765 6,671 23,295
Sept 107,081 6,725 6,663 23,291
Oct 107,221 6,726 6,657 23,292
Nov (p) 107,232 6,716 6,652 23,253
Service-producing industries
Finance,
insur- Government
Period ance, Services
and real Total Federal
estate
1992 6,602 29,052 18,645 2,969
1993 6,757 30,197 18,841 2,915
1994 6,896 31,579 19,128 2,870
1995 6,806 33,117 19,305 2,822
1996 6,911 34,454 19,419 2,757
1997 7,109 36,040 19,557 2,699
1998 7,389 37,533 19,823 2,686
1999 7,555 39,055 20,206 2,669
2000 7,578 40,457 20,702 2,777
2001 7,712 40,970 20,933 2,616
2001: Nov 7,751 40,834 21,100 2,616
Dec 7,748 40,883 21,122 2,615
2002: Jan 7,748 40,908 21,137 2,609
Feb 7,745 40,901 21,162 2,608
Mar 7,740 40,963 21,196 2,611
Apr 7,743 41,025 21,185 2,610
May 7,732 41,093 21,206 2,600
June 7,733 41,152 21,211 2,601
July 7,737 41,215 21,228 2,607
Aug 7,745 41,347 21,289 2,611
Sept 7,773 41,336 21,293 2,621
Oct 7,814 41,386 21,346 2,645
Sept (p) 7,821 41,436 21,354 2,648
(1) Includes all full- and part-time wage and salary workers in
nonagricultural establishments who received pay for any part of the
pay period which includes the 12th of the month. Excludes proprietors,
self-employed persons, domestic servants, and personnel of the Armed
Forces. Total in this table not comparable with estimates of
nonagricultural employment of the civilian labor force, shown on p. 11,
which include proprietors, self-employed persons, and domestic
servants; which count persons as employed when they are not at work
because of industrial disputes, bad weather, etc., even if they are
not paid for the time off; and which are based on a sample of the
working-age population, whereas the estimates in this table are based
on reports from employing establishments. In the series shown here,
persons who work at more than one job are counted each time they appear
on a payroll, in contrast to the series shown on p. 11, where persons
are counted only once--as employed, unemployed, or not in the labor
force.
(2) Includes mining, not shown separately.
Source: Department of Labor, Bureau of Labor Statistics.
AVERAGE WEEKLY HOURS, HOURLY EARNINGS, AND WEEKLY EARNINGS
PRIVATE NONAGRICULTURAL INDUSTRIES
[For production or nonsupervisory workers, monthly data seasonally
adjusted]
Average weekly hours
Period Total Manufacturing
private
nonagri-
cultural (1) Total Overtime
1992 34.4 41.0 3.8
1993 34.5 41.4 4.1
1994 34.7 42.0 4.7
1995 34.5 41.6 4.4
1996 34.4 41.6 4.5
1997 34.6 42.0 4.8
1998 34.6 41.7 4.6
1999 34.5 41.7 4.6
2000 34.5 41.6 4.6
2001 34.2 40.7 3.9
2001: Oct 34.0 40.5 3.8
Nov 34.1 40.4 3.8
Dec 34.1 40.6 3.8
2002: Jan 34.1 40.6 3.9
Feb 34.2 40.7 3.9
Mar 34.2 41.0 4.1
Apr 34.2 40.9 4.2
May 34.2 40.9 4.2
June 34.3 41.1 4.3
July 34.0 40.7 4.0
Aug 34.1 40.9 4.2
Sept 34.2 40.8 4.1
Oct 34.2 40.7 4.1
Nov (p) 34.2 40.7 4.1
Average gross hourly earnings
Period Total private
nonagricultural (1)
Manufac-
Current 1982 turing
dollars dollars (2)
1992 $10.57 $7.41 $11.46
1993 10.83 7.39 11.74
1994 11.12 7.40 12.07
1995 11.43 7.39 12.37
1996 11.82 7.43 12.77
1997 12.28 7.55 13.17
1998 12.78 7.75 13.49
1999 13.24 7.86 13.90
2000 13.76 7.89 14.37
2001 14.31 7.99 14.83
2001: Oct 14.46 8.06 14.99
Nov 14.51 8.09 15.03
Dec 14.55 8.14 15.08
2002: Jan 14.58 8.14 15.13
Feb 14.61 8.13 15.17
Mar 14.64 8.12 15.19
Apr 14.66 8.09 15.19
May 14.69 8.11 15.27
June 14.74 8.13 15.31
July 14.76 8.13 15.28
Aug 14.83 8.14 15.34
Sept 14.85 8.14 15.35
Oct 14.89 8.14 15.44
Nov (p) 14.93 8.15 15.44
Average gross weekly earnings
Period Total private Current dollars
nonagricultural (1)
Current 1982 Manufac- Construc-
dollars dollars (2) turing tion
1992 $363.61 $254.99 $469.86 $537.70
1993 373.64 254.87 486.04 553.63
1994 385.86 256.73 506.94 573.00
1995 394.34 255.07 514.59 587.00
1996 406.61 255.73 531.23 603.33
1997 424.89 261.31 553.14 625.56
1998 442.19 268.32 562.53 646.13
1999 456.78 271.25 579.63 672.13
2000 474.72 272.36 597.79 702.68
2001 489.40 273.26 603.58 720.76
2001: Oct 491.64 273.89 607.10 717.60
Nov 494.79 275.96 607.21 725.87
Dec 496.16 277.49 612.25 727.26
2002: Jan 497.18 277.44 614.28 736.68
Feb 499.66 278.21 617.42 735.99
Mar 500.69 277.85 622.79 732.73
Apr 501.37 276.69 621.27 734.37
May 502.40 277.42 624.54 726.40
June 505.58 278.86 629.24 733.59
July 501.84 276.34 621.90 720.83
Aug 505.70 277.70 627.41 729.54
Sept 507.87 278.28 626.28 736.42
Oct 509.24 278.43 628.41 728.83
Nov (p) 510.61 278.87 628.41 726.95
Average gross weekly earnings
Period Current Percent change from
dollars a year earlier, total
private non-
Retail agricultural
trade
Current 1982
dollars dollars
1992 $205.06 2.7 -0.2
1993 209.95 2.8 -.0
1994 216.46 3.3 .7
1995 221.47 2.2 -.6
1996 230.11 3.1 .3
1997 240.74 4.5 2.2
1998 253.46 4.1 2.7
1999 263.61 3.3 1.1
2000 273.39 3.9 .4
2001 282.35 3.1 .3
2001: Oct 283.39 2.7 .7
Nov 285.12 3.3 1.6
Dec 285.82 3.5 2.3
2002: Jan 286.11 3.2 2.4
Feb 287.68 3.5 2.7
Mar 289.55 3.3 2.1
Apr 289.71 3.2 1.9
May 290.71 3.2 2.4
June 292.75 3.4 2.7
July 289.44 2.4 1.1
Aug 291.60 3.2 1.6
Sept 292.60 3.2 1.9
Oct 294.20 3.6 1.7
Nov (p) 296.52 3.2 1.1
(1) Also includes other private industry groups shown on 14.
(2) Current dollars earnings divided by the comsumer price index for
urban wage earners and electrical workers (CPI--W) (on a 1982=100
base).
Source: Department of Labor, Bureau of Labor Statistics.
EMPLOYMENT COST INDEX--PRIVATE INDUSTRY
Index (June 1989 = 100)
Period Total
compensa- Wages and
tion salaries Benefits (1)
Not seasonally adjusted
1992: Dec 115.6 112.9 122.2
1993: Dec 119.8 116.4 128.3
1994: Dec 123.5 119.7 133.0
1995: Dec 126.7 123.1 135.9
1996: Dec 130.6 127.3 138.6
1997: Dec 135.1 132.3 141.8
1998: Dec 139.8 137.4 145.2
1999: Dec 144.6 142.2 150.2
2000: Dec 150.9 147.7 158.6
2001: Dec 157.2 153.3 166.7
Seasonally adjusted
1999: Mar 140.2 138.1 145.2
June 141.8 139.7 146.7
Sept 143.1 140.9 148.2
Dec 144.6 142.3 150.2
2000: Mar 146.6 143.9 153.1
June 148.3 145.4 155.1
Sept 149.8 146.7 157.0
Dec 151.1 147.9 158.8
2001: Mar 152.8 149.4 160.8
June 154.3 150.9 162.5
Sept 155.7 152.0 164.7
Dec 157.3 153.4 166.8
2002: Mar 158.7 154.8 168.6
June 160.4 156.3 170.9
Sept 161.4 156.9 172.6
Percent change from
Period 3 months earlier
Total
compensa- Wages and
tion salaries Benefits (1)
Not seasonally adjusted
1992: Dec ... ... ...
1993: Dec ... ... ...
1994: Dec ... ... ...
1995: Dec ... ... ...
1996: Dec ... ... ...
1997: Dec ... ... ...
1998: Dec ... ... ...
1999: Dec ... ... ...
2000: Dec ... ... ...
2001: Dec ... ... ...
Seasonally adjusted
1999: Mar 0.3 0.4 0.0
June 1.1 1.2 1.0
Sept .9 .9 1.0
Dec 1.0 1.0 1.3
2000: Mar 1.4 1.1 1.9
June 1.2 1.0 1.3
Sept 1.0 .9 1.2
Dec .9 .8 1.1
2001: Mar 1.1 1.0 1.3
June 1.0 1.0 1.1
Sept .9 .7 1.4
Dec 1.0 .9 1.3
2002: Mar .9 .9 1.1
June 1.1 1.0 1.4
Sept .6 .4 1.0
Percent change from
Period 12 months earlier
Total
compensa- Wages and
tion salaries Benefits (1)
Not seasonally adjusted
1992: Dec 3.5 2.6 5.2
1993: Dec 3.6 3.1 5.0
1994: Dec 3.1 2.8 3.7
1995: Dec 2.6 2.8 2.2
1996: Dec 3.1 3.4 2.0
1997: Dec 3.4 3.9 2.3
1998: Dec 3.5 3.9 2.4
1999: Dec 3.4 3.5 3.4
2000: Dec 4.4 3.9 5.6
2001: Dec 4.2 3.8 5.1
Not seasonally adjusted
1999: Mar 3.0 3.3 2.2
June 3.3 3.6 2.5
Sept 3.1 3.2 2.8
Dec 3.4 3.5 3.4
2000: Mar 4.6 4.2 5.5
June 4.6 4.1 5.7
Sept 4.6 4.1 6.0
Dec 4.4 3.9 5.6
2001: Mar 4.2 3.8 5.0
June 4.0 3.8 4.8
Sept 4.0 3.6 4.9
Dec 4.2 3.8 5.1
2002: Mar 3.9 3.5 4.8
June 4.0 3.6 5.1
Sept 3.7 3.2 4.8
(1) Employer costs for employee benefits.
NOTE.--The employment cost index is a measure of the change in the cost
of labor, free from the influence of employment shifts among
occupations and industries.
Data exclude farm and household workers.
Source: Department of Labor, Bureau of Labor Statistics.
PRODUCTIVITY AND RELATED DATA BUSINESS SECTOR
Output per hour of Output (1)
all persons
Period
Business Nonfarm Business Nonfarm
sector business sector business
sector sector
Indexes, 1992=100; quarterly data
seasonally adjusted
1992 100.0 100.0 100.0 100.0
1993 100.5 100.5 103.1 103.3
1994 101.9 101.8 108.1 108.2
1995 102.6 102.8 111.5 111.8
1996 105.4 105.4 116.4 116.7
1997 107.8 107.5 122.5 122.7
1998 110.6 110.3 128.5 128.8
1999 113.5 112.9 134.5 134.8
2000 116.9 116.2 140.0 140.2
2001 118.2 117.5 139.8 140.1
1999: I 112.7 112.1 132.4 132.7
II 112.5 111.9 133.0 133.3
III 113.6 112.9 134.9 135.3
IV 115.2 114.7 137.7 138.0
2000: I 115.3 114.7 138.4 138.7
II 117.2 116.4 140.3 140.5
III 117.3 116.6 140.4 140.6
IV 117.9 117.1 140.7 141.0
2001: I 117.5 116.7 140.4 140.7
II 117.4 116.6 139.4 139.7
III 117.9 117.2 139.1 139.4
IV 120.1 119.3 140.3 140.4
2002: I 122.5 121.8 142.3 142.5
II 123.1 122.3 142.5 142.9
III * 124.7 123.8 144.3 144.7
Percent change; quarterly data at
seasonally adjusted annual rates
1992 3.9 3.7 3.7 3.5
1993 .5 .5 3.1 3.3
1994 1.3 1.3 4.9 4.7
1995 .7 .9 3.1 3.4
1996 2.8 2.5 4.4 4.3
1997 2.3 2.0 5.2 5.1
1998 2.6 2.6 4.9 5.0
1999 2.6 2.4 4.7 4.6
2000 3.0 2.9 4.1 4.0
2001 1.1 1.1 -.2 -.1
1998: I 5.1 4.9 7.5 7.8
II .1 .6 1.9 2.1
III 2.3 1.9 4.4 4.3
IV 4.4 4.3 8.2 8.3
1999: I 3.1 2.4 3.4 3.3
II -.6 -.8 2.1 1.9
III 3.8 3.7 5.9 6.0
IV 5.8 6.3 8.4 8.3
2000: I .3 .2 2.2 1.9
II 6.7 6.0 5.4 5.4
III .4 .6 .4 .2
IV 2.1 1.7 .9 1.1
2001: I -1.5 -1.5 -1.0 -.9
II -.2 -.1 -2.8 -2.7
III 1.8 2.1 -.9 -.8
IV 7.6 7.3 3.5 2.9
2002: I 8.3 8.6 5.9 6.2
II 1.8 1.7 .6 .9
III * 5.4 5.1 5.2 5.1
Hours of all Compensation per
persons (2) hour (3)
Period
Business Nonfarm Buisness Nonfarm
sector business sector business
sector sector
Indexes, 1992=100; quarterly data seasonally
adjusted
1992 100.0 100.0 100.0 100.0
1993 102.6 102.9 102.5 102.2
1994 106.2 106.2 104.5 104.3
1995 108.7 108.8 106.7 106.6
1996 110.4 110.7 110.1 109.8
1997 113.6 114.1 113.5 113.1
1998 116.2 116.8 119.7 119.1
1999 118.5 119.4 125.2 124.3
2000 119.7 120.6 133.8 133.0
2001 118.2 119.2 137.7 136.6
1999: I 117.4 118.4 124.1 123.2
II 118.2 119.1 124.3 123.4
III 118.8 119.8 125.4 124.5
IV 119.5 120.4 127.0 126.3
2000: I 120.1 120.9 131.4 130.8
II 119.7 120.7 132.4 131.5
III 119.7 120.6 135.0 134.3
IV 119.4 120.4 136.3 135.3
2001: I 119.5 120.6 137.3 136.3
II 118.7 119.8 137.5 136.3
III 117.9 118.9 137.8 136.7
IV 116.8 117.7 138.3 137.2
2002: I 116.1 117.0 139.3 138.2
II 115.8 116.8 140.8 139.5
III * 115.7 116.8 142.6 141.2
Percent change; quarterly data at
seasonally adjusted annual rates
1992 -0.2 -0.2 5.3 5.3
1993 2.6 2.9 2.5 2.2
1994 3.5 3.3 2.0 2.1
1995 2.4 2.4 2.1 2.1
1996 1.6 1.7 3.2 3.1
1997 2.9 3.1 3.1 3.0
1998 2.2 2.4 5.5 5.4
1999 2.0 2.2 4.6 4.4
2000 1.0 1.0 6.8 7.0
2001 -1.3 -1.2 2.9 2.7
1998: I 2.2 2.8 7.3 7.0
II 1.9 1.4 5.4 5.8
III 2.0 2.4 4.7 4.6
IV 3.7 3.8 4.0 3.8
1999: I .2 .9 8.2 7.3
II 2.7 2.6 .5 .6
III 2.0 2.2 3.7 3.7
IV 2.4 1.9 5.1 5.8
2000: I 1.9 1.7 14.7 15.2
II -1.2 -.6 3.0 2.2
III .0 -.4 8.3 8.7
IV -1.2 -.6 3.7 3.1
2001: I .4 .5 3.1 2.8
II -2.6 -2.6 .5 .1
III -2.6 -2.9 .9 1.0
IV -3.9 -4.1 1.4 1.5
2002: I -2.2 -2.2 3.0 2.9
II -1.2 -.7 4.2 3.9
III * -.2 .0 5.3 4.9
Real compensation Unit Labor
per hour (4) costs
Period
Business Nonfarm Business Nonfarm
sector business sector business
sector sector
Indexes, 1992=100; quarterly data seasonally
adjusted
1992 100.0 100.0 100.0 100.0
1993 100.0 99.7 101.9 101.7
1994 99.9 99.7 102.6 102.5
1995 99.6 99.4 104.1 103.7
1996 100.1 99.8 104.5 104.2
1997 101.0 100.6 105.3 105.2
1998 105.0 104.5 108.2 108.0
1999 107.6 106.8 110.3 110.1
2000 111.2 110.6 114.4 114.4
2001 111.4 110.5 116.5 116.3
1999: I 107.7 106.9 110.2 109.9
II 107.1 106.3 110.5 110.3
III 107.3 106.6 110.4 110.3
IV 107.8 107.2 110.2 110.1
2000: I 110.5 110.0 114.0 114.0
II 110.5 109.8 113.0 113.0
III 111.7 111.1 115.1 115.2
IV 111.9 111.2 115.6 115.6
2001: I 111.8 110.9 116.9 116.8
II 111.0 110.1 117.1 116.9
III 111.1 110.2 116.8 116.6
IV 111.6 110.7 115.1 115.0
2002: I 112.0 111.1 113.7 113.4
II 112.2 111.2 114.4 114.0
III * 113.2 112.0 114.3 114.0
Percent change; quarterly data at
seasonally adjusted annual rates
1992 2.7 2.7 1.4 1.6
1993 .0 -.3 1.9 1.7
1994 -.1 .0 .7 .8
1995 -.3 -.3 1.4 1.2
1996 .5 .4 .4 .5
1997 .9 .8 .8 .9
1998 4.0 3.9 2.8 2.7
1999 2.4 2.2 1.9 2.0
2000 3.4 3.5 3.7 3.9
2001 .2 -.1 1.8 1.6
1998: I 6.5 6.2 2.1 2.0
II 4.2 4.6 5.3 5.1
III 3.1 3.0 2.3 2.7
IV 2.2 2.0 -.4 -.4
1999: I 6.5 5.5 5.0 4.8
II -2.3 -2.2 1.1 1.3
III .8 .8 -.1 .0
IV 1.7 2.5 -.7 -.5
2000: I 10.3 10.7 14.4 14.9
II .0 -.7 -3.5 -3.6
III 4.6 4.9 7.8 8.0
IV .7 .2 1.6 1.4
2001: I -.6 -.9 4.7 4.3
II -2.6 -2.9 .7 .3
III .2 .3 -.9 -1.1
IV 1.7 1.8 -5.8 -5.4
2002: I 1.6 1.4 -4.9 -5.3
II .8 .5 2.4 2.2
III * 3.4 3.0 -.1 -.2
Implicit
deflator (5)
Period
Business Nonfarm
sector business
sector
Indexes, 1992=100;
quarterly data
seasonally adjusted
1992 100.0 100.0
1993 102.2 102.2
1994 104.0 104.1
1995 106.0 106.1
1996 107.7 107.6
1997 109.7 109.8
1998 110.6 110.8
1999 111.6 112.1
2000 113.5 114.1
2001 115.8 116.3
1999: I 111.2 111.5
II 111.5 111.9
III 111.8 112.3
IV 112.1 112.6
2000: I 112.8 113.4
II 113.4 113.9
III 113.7 114.3
IV 114.3 114.8
2001: I 115.2 115.7
II 115.8 116.3
III 116.4 116.8
IV 115.9 116.5
2002: I 116.0 116.4
II 116.2 116.8
III * 116.3 116.9
Percent change;
quarterly data at
seasonally adjusted
annual rates
1992 2.0 2.1
1993 2.2 2.2
1994 1.8 1.9
1995 2.0 2.0
1996 1.6 1.4
1997 1.8 2.1
1998 .8 .9
1999 1.0 1.2
2000 1.7 1.8
2001 2.0 1.9
1998: I .5 .6
II .5 .4
III .9 1.2
IV .5 .5
1999: I 1.3 1.4
II 1.0 1.5
III 1.2 1.4
IV 1.1 1.3
2000: I 2.4 2.7
II 2.2 1.9
III 1.1 1.4
IV 1.9 1.6
2001: I 3.4 3.3
II 2.2 2.0
III 1.8 1.7
IV -1.6 -1.0
2002: I .3 -.2
II .7 1.4
III * .4 .1
(1) Output refers to real gross domestic product originating in the
sector.
(2) Hours of all persons engaged in the sector, including hours of
proprietors and unpaid family workers. Estimates based primarily on
establishment data.
(3) Wages and salaries of employees plus employers' contributions for
social insurance and private benefit plans. Also includes an estimate
of wages, salaries, and supplemental payments for the self-employed.
(4) Hourly compensation divided by the consumer price index for all
urban consumers (CPI--U) for recent quarters. The trend from 1978-2001
is based on the consumer price index research series (CPI--U--RS).
(5) Current dollar gross domestic output divided by the output index.
NOTE.--Data relate to all persons engaged in the sector.
Percent changes are from preceeding period and are based on original
data; they therefore may differ slightly from percent changes based on
indexes shown here.
* Data based on GDP data released November 26, 2002.
Source: Department of Labor, Bureau of Labor Statistics.
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