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

i

U SD L - 8421

F O R R E L E A S E : 11:30 a . m .W e d n e sd a y , S e p te m b e r 6, 1967

Ui S. D e p a r tm e n t o f L a b o r B L S , 961 - 2634

T H E E M P L O Y M E N T SITU A TIO N : AUGUST 1967E m p lo y m e n t sh o w ed m o d e r a te g a in s in A u g u s t fo r th e t h i r d c o n s e c u t iv e

m o n th , w h ile th e u n e m p lo y m e n t r a t e e d g e d dow n to 3, 8 p e r c e n t , the s a m e a sa y e a r ag o , the U. S. D e p a r tm e n t of L ab o r* s B u r e a u of L a b o r S ta t i s t i c s r e p o r te d to d a y .

P a y r o l l e m p lo y m e n t r o s e by 300 , 000 ( s e a s o n a l ly a d ju s te d ) to a new h ig h in A u g u s t. A bo u t h a lf of th e im p ro v e m e n t , h o w e v e r , w a s a t t r ib u ta b le to th e r e t u r n of s t r i k e r s in th e r u b b e r in d u s t r y an d an e a r l i e r th a n u s u a l m o d e l c h a n g e o v e r in th e a u to in d u s t r y . C o n tin u e d i n c r e a s e s in g o v e rn m e n t , s e r v i c e s , a n d t r a d e a c c o u n te d f o r th e r e s t of th e g a in . M a n u fa c tu r in g c o n tin u e d to r e c o v e r i t s l o s s e s of e a r ly s p r in g , a lth o u g h b o th e m p lo y m e n t a n d h o u r s of w o rk a r e s t i l l s ig n if ic a n t ly b e lo w le v e ls of th e l a s t q u a r t e r of 1 9 6 6 .

T h e n u m b e r of u n e m p lo y e d p e r s o n s f e l l s e a s o n a l ly b e tw e e n J u ly an d A u g u s t to 2 .9 m i l l io n . S in ce D e c e m b e r 1965, u n e m p lo y m e n t h a s f lu c tu a te d b e tw e e n 2 .7 and 3 .1 m i l l io n ( s e a s o n a l ly a d ju s te d ) an d the u n e m p lo y m e n t r a te b e tw e e n 3 . 5 a n d 4 . 0 p e r c e n t .

B e g in n in g w ith th i s r e l e a s e , th e p a y r o l l e m p lo y m e n t, h o u r s , a n d e a r n in g s f ig u r e s h av e b e e n a d ju s te d to M a r c h 1966 b e n c h ­m a r k s ( c o m p r e h e n s iv e 'c o u n ts - ^?*?!!!!!!!©^’ m e n t ) . A d e s c r ip t io n of th e e f f e c ts of th e r e v i s io n w il l a p p e a r in th e S e p te m b e r 1967 i s s u e of E m p lo y m e n t an d E a r n in g s an d M o n th ly R e p o r t on th e L a b o r F o r c e .

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

T h e E m p lo y m e n t S itu a tio n P a g e 2S e p te m b e r 6 , 1967

T he u n e m p lo y m e n t r a t e fo r n o n w h ite s (N e g ro e s m a k e up 92 p e r c e n t of th e to ta l ) w a s 6 .9 p e r c e n t in A u g u s t. T h o u g h dow n f r o m th e M a y -J u n e r a t e of 7 .8 p e r c e n t , th e r a t e c o n tin u e s tw ic e a s h ig h a s th a t f o r w h i te s .In d u s t ry E m p lo y m e n t

O v e r th e p a s t y e a r , th e m a jo r s o u r c e s of e m p lo y m e n t s t r e n g th hav e b e e n g o v e rn m e n t , a t a l l l e v e ls , an d th e s e r v ic e - p r o d u c in g i n d u s t r i e s . In c o n t r a s t , e m p lo y m e n t in th e g o o d s -p ro d u c in g i n d u s t r i e s i s dow n o v e r the y e a r a f t e r a l a r g e i n c r e a s e in 19660

T o ta l p a y r o l l e m p lo y m e n t P r iv a t e

G ood s - p ro d u c in g S e r v ic e - p r o d u c in g

G o v e rn m e n t

C h an g e f r o mA u g u s t 1966 A u g u s t 1965

to toA u g u s t 1967 A u g u s t 1966

1, 866 3, 1891, 141 2, 421- 117 1, 303

1, 258 1, 118725 768

In A u g u s t, p a y r o l l e m p lo y m e n t r o s e 3 0 0 ,0 0 0 ( s e a s o n a l ly a d ju s te d ) to 66, 250 , 0 00 . S e r v ic e s an d g o v e rn m e n t i n c r e a s e d 60 , 000 a n d 40, 000 , r e s p e c ­t iv e ly . A n e m p lo y m e n t i n c r e a s e of 35, 000 in c o n s t r u c t io n w a s s l ig h t ly b e lo w s e a s o n a l e x p e c ta t io n s fo r A u g u s t. A lth o u g h th e h o u s in g in d u s t r y a p p e a r s to be r e c o v e r in g , c o n s t r u c t io n e m p lo y m e n t h a s c o n tin u e d to la g b e h in d y e a r - e a r l i e r l e v e ls . G a in s in r e s id e n t ia l c o n s t r u c t io n a r e b e in g p a r t i a l l y o f f s e t by re d u c e d a c t iv i ty in c o m m e r c ia l an d i n d u s t r i a l c o n s t r u c t io n .

M a in ly b e c a u s e o f e a r ly m o d e l c h a n g e o v e r s in th e a u to in d u s t r y an d th e s e t t l e m e n t of s t r i k e s in th e r u b b e r in d u s t r y , m a n u f a c tu r in g sh o w ed a jo b g a in o f 186, 000 ( s e a s o n a l ly a d ju s te d ) b e tw e e n J u ly a n d A u g u s t. M a n u fa c tu r in g e m p lo y m e n t h a s m o v e d up so m e w h a t f r o m th e low M ay le v e l , b u t w a s s t i l l dow n 200 , 000 f r o m th e J a n u a r y p e a k of 1 9 .6 m i l l io n .

E x c e s s iv e i n v e n t o r i e s - - t h e p r in c ip a l d r a g on p ro d u c tio n , e m p lo y m e n t, an d h o u r s in r e c e n t m o n t h s - - a r e now u n d e r b e t t e r c o n t r o l an d b o th s a l e s an d new o r d e r s h av e im p ro v e d . R e f le c t in g th i s , th e a v e r a g e f a c to r y w o rk w e e k e d g e d up to 4 0 . 6 h o u r s in A u g u s t a f t e r r e tu r n in g in Ju n e to F e b ru a ry * s 3 - y e a r low of 4 0 . 3 h o u r s .

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

The Em ploym ent Situation Page 3Septem ber 6, 1967

H ours and E arn ing sIn August, the w orkw eek fo r rank and file em ployees on p riv a te p ay ro lls averaged 38 ,6 h o u rs , down 0, 5 hour from the August 1966 lev e l. D espite the d rop in h o u rs , w eekly e a rn in g s - -a t $103, 0 5 --w ere up $ 3 ,3 5 over the y e a r . Both the w eekly and hourly earn ings of facto ry production w o rk e rs w ere un­changed from the June lev e ls of $114,50 and $ 2 ,8 2 , O ver the y e a r , fac to ry w o rk e rs1 weekly ea rn in g s w ere up $ 2 ,7 0 ,

U nemployme ntThe num ber of unem ployed w o rk e rs to taled 2, 950, 000 in August, up 120, 000 from August 1966, Among them w ere 1, 0 m illion adult m en, 1, 1 m illion adult women, and 900,000 teen ag e rs (16 to 19 y e a rs of a g e ) . U nem ploym ent among nonwhites num bered 630, 000 in August, one-fifth of the jo b le ss to ta l.U nem ploym ent ra te s for adult m en w ere unchanged over the m onth a t 2 ,4 p e rcen t. F o r m a rr ie d m en, the ra te w as 2 ,0 p e rcen t. F o r wom en, the ra te m oved down to 3 ,9 p ercen t, while the teenage ra te ro se to 13,7 p e rcen t.Insu red unem ploym ent under State p ro g ram s declined to 1, 1 m illion in m id-A ugust. The in su red unem ploym ent r a te , a t 2, 7 p e rcen t seasonally ad justed , w as down sligh tly over the m onth.The job situa tion fo r w e ll- tra in ed and experienced w o rk e rs rem ain ed re la tiv e ly good in August, The unem ploym ent ra te w as 2, 2 p e rcen t fo r w h ite -co lla r w o rk e rs and 2 ,4 p ercen t fo r sk illed c ra ftsm e n . W orkers with le s s sk ill and experience did not fa re a s w ell. The unem ploym ent ra te fo r sem isk illed b lu e -c o lla r w o rk e rs w as 4 ,8 p ercen t, while unsk illed w o rk e rs had a ra te of 7, 8 p e rc en t.

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

Table A-1: Employment status o! the noninstitutional population by age and sex

(In thousands)

Employment s ta tu s , age, and sex A«g.1967

July1967

Aug.1966

Seasonally adjustedAug.1967

July1967

JttM1967

May1967

Apr.1967

TotalT f f _ 82,571 82,920 80,665 81,160 80,954 80,681 79,645 80,189

79,112 79,471 77,487 77,701 77,505 77,237 76,189 76,740

A gricu ltu re..............................................................N onagricultural industries . . . . .....................

76,170 76,221 74,666 74,718 74,489 74,147 73,289 73,9104,378 4,516 4,308 3,992 3,856 3,727 3,652 3,890

71,792 71,705 70,359 70,726 70,633 70,420 69,637 70,0202,175 2,223 1,838 1,855 2,011 1,939 1,539 2,008

U sually work full t im e ..............................U sually work part time ............................ ..

1,0121,163

9971,226

879959

992863

1,058953

1,072867

910629

1,181827

U nem ployed................................................................ 2,942 3,250 2,821 2,983 3,016 3,090 2,900 2,830

Men, 20 years and over45,955 45,880 45,205 45,559 45,433 45,314 45,021 45,140

E m ployed .....................................................................A griculture..............................................................N onagricultural in d u s trie s ................................

Unemployed . . . » .......................................................

44,969 44,891 44,169 44,479 44,338 44,156 43,922 44,0922,909 2,970 2,926 2,835 2,791 2,726 2,753 2,870

42,060986

41,921989

41,2441,035

41,6441,080

41,5471,095

41,4301,158

41,1691,099

41,2221,048

Women, 20 years and over

C ivilian labor f o r c e .....................................................E m ployed .....................................................................

Agriculture ............................................................Nonagricultural in d u strie s ................................

U nem ployed................................................................

24,948 24,862 23,913 25,557 25,516 25,177 24,730 25,02323,892 23,806 22,912 24,558 24,421 24,094 23,773 24,002

802 817 741 705 624 581 537 62523,090

1,05522,988

1,05622,171

1,00123,853

99923,797

1,09523,513

1,08323,236

95723,377

1,021

Both sexes, 16-19 years

C ivilian labor force 8,209 8,728 8,369 6,585 6,556 6,746 6,438 6,577E m ployed .....................................................................

A gricu ltu re ..............................................................N onagricultural in d u s trie s ................................

U nem ployed..........1....................................................

7,309 7,524 7,583 5,681 5,730 5,897 5,594 5,816667 729 640 452 441 420 362 395

6,641900

6,7951,204

6,944784

5,229904

5,289826

5,477849

5,232844

5,421761

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

(In thousands)

Duration of unemployment Aug.1967

July1967

Aug.1966

Seasonally adjusted

lSIf July1967

Jua«1967 1?67

L e ss than 5 w e e k s ................... .................................... 1,537 1,843 1,526 1,660 1,805 1,649 1,371 1,4685 to 14 weeks ..................................... ........................... 1,037 1,043 912 946 876 919 877 90015 weeks and o v e r ....................................................... 367 364 384 441 435 444 414 431

15 to 26 w e e k s .......................................................... 166 193 186 231 265 298 271 25127 weeks and over..................................................... 201 171 198 210 170 146 143 185

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

(P erso ns 16 years and over)Table A-3: Major unomploymont indicators

S elected ca tegoriesThousands of persons

unemployed Seasonally ad justed ra te s of unemployment

A u g .1967

A u g .1966

A u g .1967

J u l y1967

J u n e1967

May1967

A p r .1967

A u g .1 9 66

T otal (a ll civ ilian w orkers)..................................... 2 ,9 4 2 2 ,8 2 1 3 .8 3 .9 4 . 0 3 .8 3 .7 3 .8

Men, 20 years and over......................................... 9 8 6 1 ,0 3 5 2 .4 2 .4 2 .6 2 .4 2 .3 2 .5Women, 20 years and o v e r ................................... 1 ,0 5 5 1 ,0 0 1 3 .9 4 . 3 4 . 3 3 .9 4 . 1 3 .9Both sex es , 16-19 y e a r s ..................................... 9 0 0 7 8 4 1 3 .7 1 2 .6 1 2 .6 1 3 .1 1 1 .6 1 2 .5

W hite........................................................................... 2 ,3 1 3 2 ,1 0 2 3 .5 3 .5 3 .5 3 .3 3 .3 3 .3Non w hite.............................. ...................................... 6 28 719 6 .9 7 .2 7 .8 7 .8 7 .3 8 . 0

Married m e n .................................................................. 6 5 2 64 6 2 . 0 1 .8 2 . 0 1 .9 1 .9 2 .0Full-tim e w o rk e rs ...................................................... 2 ,3 8 4 2 ,2 5 5 3 .6 3 .6 3 .9 3 .5 3 .3 3 .4Unemployed 15 weeks and over.............................. 367 3 8 4 .6 .6 .6 .5 .6 .6State in su re d * .............................................................. 1 ,1 3 2 98 0 2 .7 2 .8 2 .6 2 .7 2 .7 2 .5Labor force time lo s t ^ .............................................. — - - 4 . 3 4 . 3 4 . 5 3 .8 4 . 0 4 . 2

OccupationW hite-collar w orkers.................................................. 8 2 3 722 2 .2 2 .2 2 .2 1 .9 1 .7 2 . 0

P ro fessio nal and m anageria l.............................. 2 4 4 2 5 9 1 .1 1 .2 1 .2 1 .3 1 .1 1 .2C lerical w o rk e rs ..................................................... 4 4 0 3 56 3 .4 3 .2 3 .2 2 .5 2 .5 2 . 8S ales w o rk e rs ................ ........................................ 139 107 3 .2 3 . 7 3 .8 2 .5 2 . 3 2 .5

B lue-collar w o rk ers.................................................... 1 ,1 3 0 1 ,1 2 7 4 . 4 4 . 7 4 .7 4 . 6 4 . 6 4 . 4Craftsmen and foremen ......................................... 18 2 21 1 2 . 4 2 .3 2 .8 2 .8 2 . 9 2 .7O p e ra tiv e s ................................................................ 6 95 6 6 0 4 . 8 5 .4 5 .1 4 . 9 5 .1 4 .7Nonfarm la b o re rs .....................................-.............. 2 5 3 2 56 7 .8 8 . 0 7 .8 8 . 3 7 .5 7 . 8

Service w orkers............................................................ 4 1 1 4 8 7 4 . 1 4 . 5 4 . 3 4 . 1 4 . 1 4 . 8

Industry

P riv ate wage and salary workers 3 ......................... 2 ,0 7 7 1 ,9 8 6 3 . 9 4 . 1 4 . 0 3 .9 3 .7 3 .9C o n s tru c tio n ............................................................. 161 187 7 .1 7 .6 8 .6 7 .8 8 . 1 8 .1M anufac tu ring .......................................................... 786 65 6 3 .8 4 . 0 3 .9 3 .9 3 .7 3 .3

Durable g o o d s .................................................... 4 5 2 362 3 . 4 4 . 1 3 .6 3 .8 3 . 4 2 . 9Nondurable g o o d s .............................................. 3 34 2 9 4 4 . 5 4 . 0 4 . 3 4 . 0 4 . 0 4 . 0

Transportation and public u t i l i t i e s ................ 106 81 2 . 6 2 .4 2 .9 2 .7 2 . 0 2 . 0W holesale and re ta il t r a d e .................................. 4 9 7 52 8 4 . 2 4 . 4 4 . 1 3 .6 3 .5 4 . 5F inance and serv ice in d u s tr ie s ......................... 50 7 5 2 4 3 .5 3 .5 3 .3 3 .5 3 .2 3 .6

Government wage and sa lary w o rk ers ................... 2 2 9 2 9 0 1 .5 1 .7 2 .1 1 .7 1 .8 2 .1Agricultural wage and sa lary w orkers................... 8 4 90 7 .1 7 .2 7 .8 6 .3 6 . 4 7 . 1

^Insured unemployment under State programs as a percent of average covered employment. percent of potentially available labor force man-hours.^Man-hours lost by the unemployed and persons on part time for economic reasons as a ^Include s mining, not shown separately.

Table A-4: Full-and part-time status off the civilian labor force

August 1967

F ull- and part-tim e employment s ta tu s TotalMen,

20 and over

Women, 20 and over

Both sex es , 16-19 years

Full Tima

C iv ilian labor fo rce ................................................................................................................................................ 7 1 ,1 3 4 4 4 ,3 6 8 2 0 ,4 6 8 6 * 2 9 8Employed:

Full-tim e s c h e d u le s ..................................................................................................................................... 6 6 ,2 6 4 4 2 ,5 0 4 1 8 ,7 8 3 4 ,9 7 6P art time for economic r e a s o n s .............................................................................................................. 2 ,4 8 6 941 8 32 7 1 3

Unemployed, looking for full-tim e w o r k .................................................................................................. 2 ,3 8 4 92 3 8 52 6 0 9Unemployment r a t e ........................................................................................... .................................................... 3 . 4 2 .1 4 . 2 9 .7

Part Tima

C iv ilian labor f o r c e ............................................................................................................................................. 7 ,9 7 8 1 ,5 8 7 4 ,4 8 0 1 ,9 1 0Employed (voluntary part tim e ).......................................................... ....................................................... 7 ,4 2 1 1 ,5 2 4 4 ,2 7 7 1 ,6 1 9Unemployed, looking for part-tim e w o r k .................................................................................................. 557 63 2 0 3 291

Unemployment r a t e ................................................................................................................................................ . 7 .0 4 . 0 4 . 5 1 5 .3

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

Table A-5: Employed persons by age and sex

(In thousands)

Age and sexA u g u s t

1 967J u l y1967

A u g u s t1 966

S easonally ad justed

A u g u s t1967

Ju ly19 6 7

June19 6 7

May1967

A p ril19 67

T otal, 16 y ears and o v e r ............................................ 7 6 ,1 7 0 7 6 ,2 2 1 7 4 ,6 6 6 7 4 ,7 1 8 7 4 ,4 8 9 7 4 ,1 4 7 7 3 ,2 8 9 7 3 ,9 1 0

16 to 19 y e a r s ............................................................ 7 ,3 0 9 7 ,5 2 4 7 ,5 8 3 5 ,6 8 1 5 ,7 3 0 5 ,8 9 7 5 ,5 9 4 5 ,8 1 616 and 17 y e a r s ..................................................... 3 ,2 1 4 3 ,3 4 5 3 ,1 7 2 2 ,3 4 1 2 ,3 2 2 2 ,3 6 3 2 ,2 0 1 2 ,3 4 618 and 19 y e a r s ..................................................... 4 ,0 9 5 4 ,1 7 9 4 ,4 1 1 3 ,3 3 1 3 ,4 0 2 3 ,4 9 1 3 ,3 5 8 3 ,4 7 0

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

25 to 54 y e a r s ....................................................... 4 6 ,3 8 5 4 6 ,1 5 5 4 5 ,5 3 7 4 6 ,7 0 9 4 6 ,4 7 1 4 6 ,0 6 2 4 6 ,0 4 4 4 6 ,2 9 555 y ears and o v e r ......................................... — 1 3 ,5 0 9 1 3 ,5 6 4 1 3 ,2 7 1 1 3 ,6 3 2 1 3 ,5 6 3 1 3 ,6 2 7 1 3 ,2 4 4 1 3 ,3 6 0

M ales, 16 y ea rs and o v e r ............................................ 4 9 ,2 3 3 4 9 ,2 8 1 4 8 ,5 7 9 4 7 ,7 1 2 4 7 ,5 5 5 4 7 ,4 4 8 4 7 ,0 5 0 4 7 ,2 7 3

16 to 19 y e a r s ........................................................... 4 ,2 6 4 4 ,3 9 0 4 ,4 1 0 3 ,2 3 3 3 ,2 1 7 3 ,2 9 2 3 ,1 2 8 3 ,1 8 116 and 17 y e a r s ..................................................... 1 ,9 8 9 2 ,0 7 2 1 ,9 4 6 1 ,4 3 6 1 ,3 9 9 1 ,4 0 3 1 ,3 2 4 1 ,3 5 118 and 19 y e a r s ..................................................... 2 ,2 7 5 2 ,3 1 9 2 ,4 6 4 1 ,7 8 6 1 ,8 1 0 1 ,8 5 6 1 ,7 6 6 1 ,8 2 5

20 to 24 y e a r s ........................................................... 5 ,2 3 8 5 ,2 5 2 4 ,9 1 8 4 ,8 9 1 4 ,8 5 6 4 ,8 8 1 4 ,7 5 0 4 ,7 7 125 y ears and over....................................................... 3 9 ,7 3 1 3 9 ,6 3 9 3 9 ,2 5 1 3 9 ,5 6 6 3 9 ,4 6 8 3 9 ,2 6 6 3 9 ,1 7 7 3 9 ,3 0 6

25 to 54 y e a r s ....................................................... 3 0 ,8 1 1 3 0 ,6 9 5 3 0 ,4 8 3 3 0 ,6 3 8 3 0 ,5 8 4 3 0 ,4 2 4 3 0 ,4 0 2 3 0 ,5 5 855 y ears and o v e r ................................................ 8 ,9 2 0 8 ,9 4 5 8 ,7 6 8 8 ,8 8 9 8 ,8 6 0 8 ,8 7 0 8 ,7 3 8 8 ,7 1 7

Fem ales, 16 y ears and o v e r ..................................... 2 6 ,9 3 7 2 6 ,9 4 0 2 6 ,0 8 6 2 7 ,0 0 6 2 6 ,9 3 4 2 6 ,6 6 9 2 6 ,2 3 9 2 6 ,6 3 7

16 to 19 y e tk r s ............................................................ 3 ,0 4 5 3 ,1 3 4 3 ,1 7 3 2 ,4 4 8 2 ,5 1 3 2 ,6 0 5 2 ,4 6 6 2 ,6 3 516 and 17 y e a r s ..................................................... 1 ,2 2 5 1 ,2 7 4 1 ,2 2 6 905 9 2 3 9 6 0 8 7 7 9 9 518 and 19 y e a r s ..................................................... 1 ,8 2 0 1 ,8 6 1 1 ,9 4 7 1 ,5 4 5 1 ,5 9 2 1 ,6 3 5 1 ,5 9 2 1 ,6 4 5

20 to 24 y e a r s ............................................................ 3 ,7 3 0 3 ,7 2 8 3 ,3 5 6 3 ,7 2 1 3 ,7 4 8 3 ,6 9 0 3 ,6 7 0 3 ,6 4 725 years and o v e r ..................................................... 2 0 ,1 6 2 2 0 ,0 7 8 1 9 ,5 5 6 2 0 ,8 2 7 2 0 ,6 6 0 2 0 ,4 1 2 2 0 ,1 2 3 2 0 ,3 4 4

25 to 54 y e a r s ....................................................... 1 5 ,5 7 4 1 5 ,4 5 9 1 5 ,0 5 4 1 6 ,0 7 1 1 5 ,8 8 7 1 5 ,6 3 8 1 5 ,6 4 2 1 5 ,7 3 755 y ears and o v e r ................................................ 4 ,5 8 8 4 ,6 1 9 4 ,5 0 3 4 ,7 4 3 4 ,7 0 3 4 ,7 5 7 4 ,5 0 6 4 ,6 4 3

NOTE: Due to the independent seaso n al adjustm ent of several of the se rie s , d e ta il will not necessarily add to to ta ls .

Table A-6: Unemployed persons by age and sex

Age and sexThousands P ercent

lookingfor

full-timeworkAugust 196'

Seasonally ad justed unemployment ra tes

August1967

Ju ly1967

August1967

J u ly1967

June1967

May1967

A p ril1967

August1966

T o tal, 16 years and o v er.......................................... 2 ,942 3 ,2 5 0 8 1 .0 3 .8 3 .9 4 .0 3 .8 3 .7 3 .816 to 19 y e a r s ......................................................... 900 1,204 67.7 13.7 12.6 12.6 13.1 11.6 12.5

16 and 17 y e a r s .................................................. 408 624 51 .0 15.3 14.4 1 4 .0 13.7 14.8 14.218 and 19 y e a r s .................................................. 492 580 81.3 12.7 11.4 11.3 12.8 10.9 11.3

20 to 24 y e a r s ............................................................ 513 569 87.7 5.5 6 .2 5 .8 5 .2 5 .1 5 .425 years and o v e r .................................................. 1,529 1,476 86.7 2 .5 2 .6 2 .8 2 .6 2 .6 2 .7

25 to 54 y e a r s .................................................. .. 1,199 1,187 87.8 2 .6 2 .7 2 .9 2 .7 2 .7 2 .755 years and o v e r .............................................. 330 291 82.7 2 .5 2 .3 2 .3 2 .7 2 .5 2 .6

M ales, 16 years and o v e r ......................................... 1,441 1,609 85.6 3 .1 3 .1 3 .3 3 .2 3 .0 3 .216 to 19 y e a r s ......................................................... 455 620 68.1 12.4 11.6 12.3 12.9 11.3 10.9

16 and 17 y e a r s .................................................. 243 365 53.9 15.3 14.5 14.2 14.5 16.8 12.518 and 19 y e a r s .................................................. 212 255 84.4 10.2 9 .2 10.3 11.8 10.8 9 .7

20 to 24 y e a r s ......................................................... 244 248 93.9 5 .0 5 .0 5 .1 4 .9 4 .0 4 .725 y ears and o v e r .................................................. 742 741 93.5 2 .0 2 .1 2 .2 2 .1 2 .1 2 .3

25 to 54 y e a r s ..................................................... 538 554 95.9 2 .0 2 .0 2 .1 2 .0 2 .0 2 .255 y ears and o v e r ............................ .............. 204 188 87.7 2 .4 2 .3 2 .5 2 .8 2 .6 2 .7

Fem ales, 16 years and o v e r .................................. 1,501 1,641 76.7 5 .1 5 .3 5 .2 4 .8 4 .9 5 .016 to 19 y e a r s ......................................................... 446 584 67 .0 15.4 13.8 13.0 13.4 11.3 14.6

16 and 17 y ears .............................................. 166 259 4 6 .4 15.4 14.3 13.8 12.4 12 .0 16.818 and 19 y ears ................................................ 280 325 79.3 15.4 13.8 12.4 13.8 11.0 13.0

20 to 24 years ..................................................... 268 321 82.5 6 .1 7 .6 6 .8 5 .5 6 .6 6 .425 y ears and o v e r................................................... 787 735 80.2 3 .5 3 .7 3 .9 3 .4 3 .6 3 .4

25 to 54 y e a r s ..................................................... 662 633 81.1 3 .7 4 .1 4 .5 4 .0 3 .9 3 .655 years and o v e r .............................................. 125 102 75.2 2 .7 2 .2 1 .7 2 .6 2 .4 2 .4

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

Table B-1: Employees on nonagricultural payrolls, by industry

(In thousands)

Seasonally adjusted

II June1967

Aug.1966Change

Industry Aug.1967 July1967

Aug.1966 Aug.1967

II June1967

fromJuly1967

TOTAL.............................. 66,1*73 66,139 66,514 64,607 334 1,866 66,250 65,947 65,903 303

MINING............................... 619 636 633 645 -17 -26 605 623 619 -18

CONTRACT CONSTRUCTION.----- 3,581 3,5<*7 3,407 3,653 34 -72 3,212 3,230 3,187 -18

MANUFACTURING............... 19,480 19,161 19,382 19,499 3L9 -19 19,358 19,172 19,285 186Production workers................ 14,288 13,996 14,249 14,490 292 -202 14,215 14,055 14,170 160

DURABLE GOODS............................... 11,268 11,219 11,383 11,318 49 -50 11,352 11,224 11,285 128Production workers................ 8,177 8,142 8,332 8,349 35 -172 8,283 8,170 8,240 113

Ordnance sod accessories................ 294.8 289.8 288.7 259.5 5.0 35.3 296 291 290 5Lumber and wood products............. 615.0 612.6 613.5 638.8 2.4 -23.8 588 588 590 0Furniture sad fixtu res...................... 458.4 444.4 451.6 472.4 14.0 -14.0 453 448 452 5Scone, clay, and glass products . . 646.1 644.5 641.9 664.8 1.6 -18.7 625 626 626 -1Primary metal industries................... 1,278.4 1,299.5 1,319.9 1,371.7 -21.1 -93.3 1,270 1,283 1,295 -13Fabricated metal products................ 1,352.8 1,3*10.4 1,358.1 12.4 -5 .3 1,353 1,349 1,357 4Machinery, except electrical . . . . 1,972.6 1,972.8 1,988.1 1,936.4 - .2 36.2 1,979 1,969 1,972 10Electrical equipment......................... 1,898.8 1,872.2 1,868.1 1# 941.7 26.6 -42.9 1,907 1,889 1,872 18Transportation equipment................ 1,858.3 1,867.4 1,952.6 1,782.9 -9 .1 75.4 2,004 1,897 1,947 107Instruments and related products . 459.9 454.3 456.0 440.7 5.6 19.2 458 454 454 4Miscellaneous manufacturing. . . . 432.4 421.0 433.5 450.5 11.4 -18.1 419 430 430 -11

NONDURABLE GOODS...................... 8,212 7,942 7,999 8,181 270 3L 8,006 7,948 8,000 58Production workers................ 6,111 5,854 5,917 6 ,l4 l 257 -30 5,932 5,885 5,930 47

Food and kindred products............. 1,905.4 1,827.6 1,792.9 1,919.5 77.8 -14.1 1,774 1,787 1,806 -13Tobacco manufactures...................... 95.2 77.1 76.2 88.5 18.1 6.7 89 89 87 0Textile mill products......................... 956.9 934.9 957.0 977.1 22.0 -20.2 948 941 948 7Apparel and ocher textile products 1,403.2 1,340.0 1,395.4 1,424.5 63.2 -21.3 1,378 1,377 1,396 1Paper and allied products................ 698.7 690.0 693.6 680.4 8.7 18.3 691 690 688 1Printing and publishing . . . . . . . 1,070.0 1,066.4 1,067.3 1,030.7 3.6 39.3 1,069 1,066 1,066 3Chemicals and allied products. . . 1,004.0 998.3 993.6 980.8 5.7 23.2 992 988 990 4Petroleum and coal products. . . . 196.1 194.5 192.3 191.7 1.6 4.4 191 191 189 0Rubber and plastics producers e c 525.9 470.4 478.7 516.6 55.5 9 .3 525 477 479 48Leather and leadier products. . . . 356.3 342.3 351.7 371.3 14.0 -15.0 349 342 351 7

TRANSPORTATION AND PUBLIC UTILITIES.......................... 4,346 4,339 4,304 4,171 7 175 4,299 4,296 4,266 3

WHOLESALE AND RETAIL TRADE. 13,635 13,627 13,675 13,219 8 4l6 13,677 13,645 13,648 32

WHOLESALE TRADE ...................... 3,597 3,583 3,562 3,498 14 99 3,558 3,551 3,555 7RETAIL TRADE.................................. 10,038 10,044 10,113 9,721 -6 317 10,119 10,094 10,093 25

FINANCE, INSURANCE, AND REAL "ESTATE..................... 3,304 3,289 3,253 3,164 15 140 3,252 3,234 3,227 18

SERV ICES.......................... 10,263 10,260 10,196 9,736 3 527 10,131 10,069 10,035 62

GOVERNMENT ....................... 11,245 11,280 11,664 10,520 -35 725 11,716 11,678 ' 11,636 38

FEDERAL.............................................. 2,804 2,798 2,766 2,631 6 173 2,765 2,759 2,747 6STATE AND LOCAL ......................... 8,441 8,482 8,898 7,889 -4 l 552 8,951 8,919 8,889 32NOTE: Darn (or the 2 none recent Months ore preliminary.

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

Table B-2: A ve rage weekly hours of production or nonsupervisory w orkers1on private nonagricultural payrolls, by industry

July1967June Aug. Change from Seasonally ad jtstedII Change

fromJuly- . 1 9 6 7 _____

Industry 1967 1966 IS Aug.1966 Aug.1967 July1967June1967

TO TA L P R IV A T E .................... 38.6 38.4 38.3 39.1 0 .2 -0 .5 - - -

MINING............................... >*3.5 43.4 42.8 43.1 .1 .4 43.1 43.3 42.2 - .2CONTRACT CONSTRUCTION.. . . . 38.8 38.7 38.2 38.5 .1 .3 37.5 37*5 37.4 0MANUFACTURING........ .......... 40.6 t o . 4 t o . 6 41.4 .2 - .8 40.6 t o . 5 t o . 3 .1

3.3 3.3 3.3 4.0 0 - 7 3.2 3 * 3*2 -.2DURABLE GOODS............................... 4 l . l t o . 8 41.2 42.0 •3 - 9 41.3 41.0 to .9 .3

O w rrtm * k o m t ......................... ... . 3*5 3.4 3.^ 4.3 .1 - .8 3*5 3.6 3.3 - .1Ordnance and accessories................ 42.0 41.7 41.2 41.9 • 3 .1 42.2 42.0 41.2 .2Limber end wood products . . . . . t o . 5 40.2 to.7 4l.O • 3 -.5 to.o to.o t o . i 0Furniture end fixture*...................... t o . 9 to.o t o . 3 42.2 • 9 -1.3 40.3 t o . 2 t o . 3 .1Scone, cloy, nod glass products . . 42.0 41.7 4 l.8 42.3 • 3 - .3 41.5 41.3 M . 3 .2P risu y aetai industries................... t o . 9 t o . 9 41.0 42.1 0 -1.2 41.1 4i.o t o . 6 .1Fsbricsced s e u l products.............. 41.7 41.2 41.5 42.5 .5 - .8 41.6 41.4 41.2 .2Machinery, except electrica l. . . . 42.1 4 l.8 42.3 43.5 .3 -1 .4 42.4 42.0 42.0 .4Electrical equipownt......................... to.o to.o 40.1 4l.O 0 -1.0 t o . 2 to.4 to.o -.2Transportation equipment................ to.7 t o . 8 41.4 42.1 - .1 -1 .4 41.6 41.3 41.2 • 3Instruments nod related pwdncts . 41.4 to .7 41.2 41.8 .7 - .4 41.5 to .9 41.0 •6Miscellaneous Manufacturing. . . . 39-3 38.7 39.4 40.1 .6 - .8 39*2 39*1 39.4 .1

HONOURABLE GOODS...................... to.o 39.7 39.7 t o .5 .3 - .5 39*7 39*6 39.5 .13.1 3.1 3*1 3.5 0 - .4 3.0 3*0 3.0 0

Food and kindred products............. 41.3 k l.3 41.1 41.5 0 - .2 40.9 t o . 6 4l.O *3Tobacco manufactures...................... 38.8 38.0 39.5 38.1 .8 • 7 38.7 38.3 39*0 .4Textile mill produces......................... 4l.O t o .3 40.8 42.1 •7 -1 .1 to .9 t o . 6 to .4 .3Apparel and ocher textile products 36.2 35.8 35.9 37.0 .4 - .8 35*7 35.8 35.7 - .1Paper and allied products................ 43.1 42.8 42.8 43.6 • 3 - 5 42.8 42.7 42.6 .1Printing and publishing............. 38.5 38.3 38.3 39.0 .2 - .5 38.3 38.4 38.3 - .1Chemicals and allied products. . . 41.4 41.5 41.5 41.9 - .1 - 5 M .5 41.5 41.3 0Petroleum and coni products . . . 42.5 43.4 42.9 42.1 - .9 .4 42.4 42.8 42.6 - .4Rubber and plastics product*,n e c. 41.3 t o . l 41.3 42.0 1.2 - .7 41.1 t o . 5 41.2 .6Leather nod leather products. . . . 39.0 39.0 38.3 39.1 0 - .1 38.6 38.5 37*9 .1

WHOLESALE AND RETAIL TRADE 37.5 37.^ 36.8 37.9 .1 - .4 36.8 36.7 36.7 .1WHOLESALE TRADE ...................... t o . 5 t o . 6 t o . 5 t o . 8 -.1 - .3 40.5 t o . 4 40.5 .1RETAIL TRADE..................................

FINANCE, INSURANCE, AND36.5 36.4 35.6 36.9 .1 -.4 35*7 35.5 35.4 .2

REAL ESTATE..................... 37.2 37.1 37.0 37.3 .1 - .1 - - - -*Data re la te to production workers in m ining and manufacturing: to construction workers in contract construction: and to nonsupervisory workers in w holesale and re ta il

trade; finance, insurance, and rea l estate; transportation and public u tilities; and services. These groups account for approxim ately four-fifths of th e to ta l em ploym ent on private nonagricultural payrolls. Transportation and public u tilities, and services are included in To ta l FVivate but are not shown separately in this tab le .

NOTE: Data for the 2 most recen t months are prelim inary.

Table B-3: A verage hourly and weekly earnings of production or nonsupervisory w orkers1*

on private nonagricultural payrolls, by industryAverage hourly earnings Average weekly earning?

Industry Aug. July June Aug. Change fromAug. July June Aug.

Change fromJuly

_1J67Aug.1966 July1967 A U g.19661967 1967 1967 1966 1967 1967 1967 1966

TOTAL P R IV A T E ............. $2.67 $2.67 $2.66 $2.55 $0.00 $0.12 $103.06 $102.53 $101.88 $99.71 $0.53 $3.35m in in g ............................... 3.234.07 3.194.02 3.073.89

0 .16.20 140.51158.69ito .1 8157.51 136.53153.56 132.32

1^9.778.198.92CONTRACT CONSTRUCTION----- 4.09 .02 .• J J

1 . 1 8

MANUFACTURING................. 2.823*00

2.823.003*242.412.312.83

2.822.99

2.702.88

0 .12 1 O

114.491 o o art

113.93122.40

114.49123.19

IH .78120.96134.0893.8993.68*115.48

.56on

2.712.34DURABLE GOODS................................. nu •1c

Ordnance and a cce sso rie s . . . . . . 3*242.41O 323.212.392.312.81

3.202.292.220 .04.12.10.12

136.0897.6194.89119.70

135.1196.8892.40118.01

132.2597.2793.09117.46

•97.732.491.69

2.003.721.21.4.22Lumber wood products . . . . . 0Furniture and fixtures. . . . . . . . . .01.02Scone, c lo y , and g lass products . . 2.85 2.73Primary m etal industries.................... 3.35 3.34 3.32 3.28 .01 .07 137.02 136.61 136.12 138.09 .41 -1*07Fabricated m etal products................. 2.97 2.97 2.96 2.87 0 .10 123.85 122.36 122.84 121.98 1.49 1.87Machinery, except electrical. . . . 3.18 3.17 3.17 3.07 .01 .11 133.88 132.51 134.09 133.55 1.37 .33E le ctrica l equipm ent........................... 2.79 2.79 2.79 2.63 0 .16 111.60 111.60 111.88141.17 107.83 0 3.77Transportation equipment . . . . . .

i $3.43 3.41 3.31 1 O 139.60 139.9^ 139.35u • Xc -

Instalments and related products . 2.85 2.84 2.72 .03 .16 119.23 116.00 117.01 H 3.70 3.23 5.53M iscellaneous manufacturing. . . . 2.35 2.34 2.34 2.20 .01 .15 92.36 90.56 92.20 88.22 1.80 4.14

NONDURABLE GOODS....................... 2.572.60 2.57 2.56 2.452.49 0 .12.11 102.80107.38 < 102.03 108.62 101.63108.50 99.23103.34 . 77 -1.24 3.57Food and kindred p ro d u cts ..............

£ 12.63 2.64 -.03 4.04Tobacco m anufactu res....................... 2.22 2.39 2.39 2.17 -.17 .05 86.14 90.82 94.41 82.68 -4.68 3.46T extile mill products........................... 2.04 2.02 2.03 1.98 .02 .06 83.64 81.41 82.82 83.36 2.23 .28Apparel and other textile products 2.03 2.02 2.02 1.90 .01 .13 73A9 72.32 72.52 70.30 1.17 3.19Paper and allied products................. 2.89 2.89 2.86 2.77 0 .12 124.56 123.6? 122.41 120.77 .87 3.79Printing nod p u b lish in g .................... 3*27 3.27 3.26 3.16 0 .11 125.90 125.24 124.86 123.24 .66 2.66Chem icals and allied products. . . 3.13 3.13 3.10 3.00 0 .13 129.58 129.90 128.65 125.70 - 3 2 3.88Petroleum and coal products . . . 3.56 3.60 3.56 3.39 -.04 .17 151.30 156.24 152.72 142.72 -4.94 8.58Rubber and p la s tic s product%n e c 2.7^ 2.62 2.64 2.66 .12 .08 113.16 105.06 109.03 H l.7 2 8.10 1.44Leather and leather products. . . . 2.08 2.05 21.07 1.94 .03 .14 81.12 79.95 79.28 75.85 1.17 5.27

WHOLESALE AND RETAIL TRADE 2.24 2.25 2.25 2.13 -.01 .11 84.00 84.15 82.80 80.73 -.15 3.27WHOLESALE TRADE ....................... 2.88 2.89 2.88 2.73 -.01 .15 116.64 117.33 116.64 H l.3 8 -.69 5.26RETAIL TRADE....................................

FINANCE, INSURANCE, AND2.00 2.01 2.01 1.90 -.01 .10 73.00 73.16 71.56 70.11 -.16 2.89

REAL ESTATE..................... 2.61 2.62 2.60 2.47 -.01 .14 97.09 97.20 96.20 92.13 -.11 4.961 See footnote 1, tab le B-2.NOTE: Data for the 2 most recen t months are prelim inary.

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