Categories
Economic Indicators

Employment, unemployment, and wages

Employment, unemployment, and wages

STATUS OF THE LABOR FORCE

In February, employment fell by 265,000 and unemployment fell by

127,000.

[GRAPHIC OMITTED]

[Thousands of persons 16 years of age and over, except as noted;

monthly data seasonally adjusted except as noted by NSA]

Civilian employment

Civilian Men Women

noninstitu- 20 20

tional Civilian years years

population labor and and

Period NSA force Total over over

1994 (2) 196,814 131,056 123,060 63,294 53,606

1995 198,584 132,304 124,900 64,085 54,396

1996 200,591 133,943 126,708 64,897 55,311

1997 (3) 203,133 136,297 129,558 66,284 56,613

1998 (3) 200,220 137,673 131,463 67,135 37,278

1999 (3) 207,753 139,368 733,488 67,761 58,555

2000 (3) 212,177 142,583 136,891 69,634 60,067

2001 215,092 143,734 136,983 69,776 60,417

2002 217,570 144,863 136,485 69,734 60,420

2003 221,168 146,510 137,736 70,415 61,402

2003: Feb (3) 220,114 145,898 137,318 70,174 61,106

Mar 220,317 145,818 137,300 70,213 61,219

Apr. 220,540 146,377 137,578 70,290 61,343

May 220,768 146,465 137,505 70,182 61,397

June 221,014 146,917 137,673 70,190 61,610

July 221,252 146,652 137,604 70,269 61,479

Aug 221,507 146,622 137,693 70,324 61,467

Sept 221,779 146,610 137,644 70,596 61,191

Oct 222,039 146,892 138,095 70,726 61,524

Sept 222,279 147,187 138,533 70,964 61,597

Dec 222,509 146,878 138,479 71,099 61,521

2004: Jan (3) 223,161 146,863 138,566 71,329 61,260

Feb 222,357 146,471 138,301 70,969 61,456

Civil-

ian

em-

ploy- Unemployment

ment

Men Women

Both 20 20 Both

sexes years years sexes Not in

16-19 and and 16-19 labor

Period years Total over over years force

1994 (2) 6,161 7,996 3,627 3,049 1,300 65,758

1995 6,419 7,404 3,239 2,819 1,346 66,280

1996 6,500 7,236 3,146 2,783 1,306 66,647

1997 (3) 6,661 6,739 2,882 2,585 1,271 (r) 66,837

1998 (3) 7,051 6,210 2,580 2,424 1,205 67,547

1999 (3) 7,172 5,880 2,433 2,285 1,162 68,385

2000 (3) 7,189 5,692 2,376 2,235 1,081 69,994

2001 6,740 6,801 3,040 2,599 1,162 71,359

2002 6,332 8,378 3,896 3,228 1,253 72,707

2003 5,919 8,774 4,209 3,314 1,251 74,058

2003: Feb (3) 6,039 8,581 4,068 3,253 1,260 74,216

Mar 5,868 8,519 3,995 3,271 1,252 74,499

Apr. 5,945 8,799 4,220 5,289 1,290 74,163

May 5,926 8,957 4,341 3,302 1,314 74,306

June 5,873 9,245 4,485 3,379 1,381 74,097

July 5,856 9,048 4,391 3,356 1,301 74,600

Aug 5,902 8,929 4,358 3,369 1,202 74,884

Sept 5,857 8,966 4,309 3,417 1,240 75,168

Oct 5,846 8,797 4,216 3,375 1,205 75,147

Sept 5,972 8,653 4,224 3,320 1,109 75,093

Dec 5,859 8,398 3,945 3,326 1,128 75,631

2004: Jan (3) 5,977 8,297 3,842 3,255 1,200 75,298

Feb 5,875 8,170 3,828 3,172 1,170 75,886

Percent (1)

Labor

force

par- Employ-

tici- ment/ Unem-

pa- pop- ploy-

tion ulation ment

Period rate ratio rate

1994 (2) 66.6 62.5 6.1

1995 66.6 62.9 5.6

1996 66.8 63.2 5.4

1997 (3) 67.1 63.8 4.9

1998 (3) 67.1 64.1 4.5

1999 (3) 67.1 64.3 4.2

2000 (3) 67.1 64.4 4.0

2001 66.8 63.7 4.7

2002 66.6 62.7 5.8

2003 66.2 62.3 6.0

2003: Feb (3) 66.3 62.4 5.9

Mar 66.2 62.3 5.8

Apr. 66.4 62.4 6.0

May 66.3 62.3 6.1

June 66.5 62.3 6.3

July 66.3 62.2 6.2

Aug 66.2 62.2 6.1

Sept 66.1 62.1 6.1

Oct 66.2 62.2 6.0

Sept 66.2 62.3 5.9

Dec 66.0 62.2 5.7

2004: Jan (3) 66.1 62.4 5.6

Feb 65.9 62.2 5.6

(1) Civilian labor force (or employment) as percent of civilian

noninstitutional population; and unemployment as percent of civilian

labor force.

(2) Data beginning January 1994 reflect a major redesign of the

household survey questionnaire.

(3) Not strictly comparable with earlier data.

NOTE.–Beginning January 2004 data reflect revised population controls

and are not strictly comparable woth earlier data.

See Employment and Earnings for details on breaks in series.

Source: Department of Labor, Bureau of Labor Statistics.

SELECTED UNEMPLOYMENT RATES

In February, the unemployment rate was unchanged from January at 5.6

percent.

[GRAPHIC OMITTED]

[Monthly data seasonally adjusted]

Unemployment rate (percent of civilian

labor force in group)

By race

or

By sex and age eth-

ni-

Both city

All Men Women sexes (1)

civilian 20 years 20 years 16-19

Period workers and over and over years White

1994 (2) 6.1 5.4 5.4 17.6 5.3

1995 5.6 4.8 4.9 17.3 4.9

1996 5.4 4.6 4.8 16.7 4.7

1997 4.9 4.2 4.4 16.0 4.2

1998 4.5 3.7 4.1 14.6 3.9

1999 4.2 3.5 3.8 13.9 3.7

2000 4.0 3.3 3.6 13.1 3.5

2001 4.7 4.2 4.1 14.7 4.2

2002 5.8 5.3 5.1 16.5 5.1

2003 6.0 5.6 5.1 17.5 5.2

2003: Feb 5.9 5.5 5.1 17.3 5.1

Mar 5.8 5.4 5.1 17.6 5.1

Apr. 6.0 5.7 5.1 17.8 5.2

May 6.1 5.8 5.1 18.1 5.4

June 6.3 6.0 5.2 19.0 5.5

July 6.2 5.9 5.2 18.2 5.4

Aug 6.1 5.8 5.2 16.9 5.4

Sept 6.1 5.8 5.3 17.5 5.3

Oct 6.0 5.6 5.2 17.1 5.1

Nov 5.9 5.6 5.1 15.7 5.2

Dec 5.7 5.3 5.1 16.1 5.0

2004: Jan 5.6 5.1 5.0 16.7 4.9

Feb 5.6 5.1 4.9 16.6 4.9

By selected groups

By race or ethnicity (1)

Women

Black or His- Married who

African panic or men, maintain

Amer- Asian Latino spouse families

Period ican (NSA) ethnicity present (NSA)

1994 (2) 11.5 9.9 3.7 8.9

1995 10.4 9.3 3.3 8.0

1996 10.5 8.9 3.1 8.2

1997 10.0 7.7 2.7 8.1

1998 8.9 7.2 2.4 7.2

1999 8.0 6.4 2.2 6.4

2000 7.6 3.6 5.7 2.0 5.9

2001 8.6 4.5 6.6 2.7 6.6

2002 10.2 5.9 7.5 3.6 8.0

2003 10.8 6.0 7.7 3.8 8.5

2003: Feb 10.7 6.0 7.7 3.7 9.0

Mar 10.8 6.5 7.7 3.8 8.4

Apr. 10.8 5.8 7.6 3.8 8.5

May 10.7 5.1 8.1 3.9 8.3

June 11.6 7.8 8.2 4.3 8.7

July 11.1 6.2 8.1 3.9 9.0

Aug 10.9 5.9 7.8 3.9 8.4

Sept 11.1 6.2 7.5 3.8 8.5

Oct 11.4 6.1 7.3 3.8 8.4

Nov 10.4 5.2 7.4 3.7 8.3

Dec 10.3 5.3 6.6 3.3 8.4

2004: Jan 10.5 5.2 7.3 3.3 8.3

Feb 9.8 4.7 7.4 3.4 8.1

By selected groups

Full-time Part-time

Period workers workers

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 3.8 4.8

2001 4.7 5.1

2002 5.9 5.2

2003 6.1 5.5

2003: Feb 6.0 5.5

Mar 5.9 5.5

Apr. 6.1 5.4

May 6.2 5.6

June 6.4 5.9

July 6.3 5.5

Aug 6.2 5.3

Sept 6.2 5.7

Oct 6.1 5.5

Nov 6.1 5.1

Dec 5.8 5.3

2004: Jan 5.7 5.4

Feb 5.6 5.2

(1) Beginning in 2003, persons who selected this race group only.

Prior to 2003, persons who reported more than one race were included

in the group they identified as the main race. Persons whose ethnicity

is identified as Hispanic or Latino may be of any race.

(2) See footnote 2, p. 11.

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 February, the percentages of the unemployed who had been out of work

for less than 5 weeks and for 15-26 weeks fell; the percentages for

5-14 weeks and for 27 weeks and over rose. The mean duration of

unemployment rose to 20.3 weeks and the median duration fell to 10.3

weeks.

[GRAPHIC OMITTED]

[Monthly data seasonally adjusted, except as noted]

Duration of unemployment

Number of

Percent distribution weeks

Un-

employ- Less 27

ment than weeks Aver-

(thou- 5 5-14 15-26 and age

Period sands) weeks weeks weeks over (mean)

1994 (3) 7,996 34.1 30.1 15.5 20.3 18.8

1995 7,404 36.5 31.6 14.6 17.3 16.6

1996 7,236 36.4 31.6 14.6 17.4 16.7

1997 6,739 37.7 31.7 14.8 15.8 15.8

1998 6,210 42.2 31.4 12.3 14.1 14.5

1999 5,880 43.7 31.2 12.8 12.3 13.4

2000 5,692 44.9 31.9 11.8 11.4 12.6

2001 5,692 42.0 32.3 14.0 11.8 13.1

2002 6,801 34.5 30.8 16.3 18.3 16.6

2003 8,378 31.7 29.8 16.4 22.1 19.2

2003: Feb 8,774 32.6 30.3 15.1 22.0 18.7

Mar 8,581 32.8 29.8 15.8 21.5 18.1

Apr 8,519 32.1 30.0 16.0 21.9 19.4

May 8,799 33.9 29.3 15.4 21.4 19.2

June 9,245 31.8 30.2 16.2 21.8 19.6

July 9,048 30.4 30.0 17.8 21.8 19.3

Aug 8,929 30.6 29.5 17.5 22.4 19.2

Sept 8,966 30.6 30.4 16.0 23.0 19.6

Oct 8,797 31.1 29.4 16.6 22.9 19.4

Nov 8,653 30.3 29.5 16.7 23.5 20.0

Dec 8,398 31.0 28.9 17.8 22.3 19.6

2004: Jan 8,297 31.2 28.6 17.5 22.7 19.8

Feb 8,170 30.3 29.6 17.2 22.9 20.3

Number of Reason for unemployment

weeks percent distribution

Job Job New

los- leav- Reen- en-

Period Median ers (1) ers trants trants

1994 (3) 9.2 47.7 9.9 34.8 7.6

1995 8.3 46.9 11.1 34.1 7.8

1996 8.3 46.9 10.7 34.7 8.0

1997 8.0 45.1 11.8 34.7 8.4

1998 6.7 45.5 11.8 34.3 8.4

1999 6.4 44.6 13.3 34.1 8.0

2000 5.9 44.2 13.7 34.5 7.6

2001 6.8 51.1 12.3 29.9 6.8

2002 9.1 55.0 10.3 28.3 6.4

2003 10.1 55.1 9.3 28.2 7.3

2003: Feb 9.5 55.9 9.1 28.1 6.9

Mar 9.7 55.5 9.3 28.0 7.2

Apr 10.1 55.0 9.3 28.5 7.2

May 10.1 56.2 8.7 28.0 7.1

June 11.7 54.3 9.7 28.9 7.0

July 10.1 55.4 8.9 28.2 7.4

Aug 10.0 55.4 8.9 28.4 7.3

Sept 10.1 55.6 9.4 27.4 7.7

Oct 10.3 55.2 8.9 28.5 7.4

Nov 10.4 54.2 10.7 28.0 7.1

Dec 10.4 54.6 9.3 28.0 8.2

2004: Jan 10.7 52.3 9.6 30.0 8.1

Feb 10.3 52.4 10.0 29.4 8.2

Insured

State unem-

programs ployment,

all

Insured regular

unem- programs

ploy Initial (unadjust-

Period ment claims ed) (2)

Weekly average, thousands

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 2,974 404 3,007

2002 3,585 407 3,619

2003 3,533 402 3,571

2003: Feb 3,429 409 4,172

Mar 3,514 423 4,348

Apr 3,622 443 3,708

May 3,716 432 3,270

June 3,726 427 3,674

July 3,625 406 3,449

Aug 3,630 402 3,379

Sept 3,626 403 3,224

Oct 3,515 382 2,807

Nov 3,367 363 3,212

Dec 3,259 356 (r) 3,553

2004: Jan 3,108 346 3,717

Feb (p) 352

(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). Also includes

Federal and State extended benefit programs. Does not include Railroads

(RR) programs, Federal supplemental compensation or Emergency

Unemployment Compensation programs.

(3) See footnote 2, p. 11.

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

rose by 21,000 in February.

[GRAPHIC OMITTED]

[Thousands of wage and salary workers; (1) monthly data

seasonally adjusted]

Goods-producing industries

Total

Period nonagri- Con- Manu-

cultural Total (2) struc- fac-

employ- tion turing

ment

1994 114,291 22,774 5,095 17,021

1995 117,298 23,156 5,274 17,241

1996 119,708 23,410 5,536 17,237

1997 122,776 23,886 5,813 17,419

1998 125,930 24,354 5,149 17,560

1999 128,993 24,465 6,545 17,322

2000 131,785 24,649 6,787 17,263

2001 131,826 23,873 6,826 16,441

2002 130,341 22,557 6,716 15,259

2003 (r) 129,931 21,817 6,722 14,525

2003: Feb 130,031 22,005 6,661 14,770

Mar 129,921 21,949 6,661 14,717

Apr 129,901 21,880 6,689 14,623

May 129,873 21,859 6,715 14,574

June 129,859 21,805 6,718 14,514

July 129,814 21,744 6,721 14,452

Aug 129,789 21,712 6,739 14,404

Sept 129,856 21,697 6,754 14,375

Oct 130,027 21,674 6,754 14,351

Nov 130,027 21,686 6,771 14,344

Dec (r) 130,035 21,668 6,774 14,324

2004: Jan (r) 130,132 21,688 6,808 14,311

Feb (p) 130,153 21,663 6,784 14,308

Service-providing industries

Trade, transpor-

Period tation, and Finan-

Total utilities cial

activi-

Retail ties

Total (3) trade

1994 91,517 23,128 13,491 6,867

1995 94,142 23,834 13,897 6,827

1996 96,299 24,239 14,143 6,969

1997 98,890 24,700 14,389 7,178

1998 101,576 25,186 14,609 7,462

1999 104,528 25,771 14,970 7,648

2000 107,136 26,225 15,280 7,687

2001 107,952 25,983 15,239 7,807

2002 107,784 25,497 15,025 7,847

2003 (r) 108,114 25,275 14,912 7,974

2003: Feb 108,026 25,352 14,925 7,933

Mar 107,972 25,328 14,912 7,945

Apr 108,021 25,326 14,929 7,968

May 108,014 25,302 14,917 7,987

June 108,054 25,266 14,908 7,988

July 108,070 25,225 14,897 7,995

Aug 108,077 25,225 14,912 7,996

Sept 108,159 25,252 14,927 8,004

Oct 108,270 25,272 14,948 7,990

Nov 108,341 25,261 14,922 7,985

Dec (r) 108,367 25,211 14,876 7,981

2004: Jan (r) 108,444 25,287 14,936 7,978

Feb (p) 108,490 25,295 14,949 7,987

Service-providing industries

Profes-

sional Educa-

and tion Leisure

Period busi- and and Other

ness health hospi- serv-

services services tality ices (4)

1994 12,174 12,807 10,100 7,166

1995 12,844 13,289 10,501 7,415

1996 13,462 13,683 10,777 7,630

1997 14,335 14,087 11,018 7,909

1998 15,147 14,446 11,232 8,194

1999 15,957 14,798 11,543 8,506

2000 16,666 15,109 11,862 8,799

2001 16,476 15,645 12,036 8,887

2002 15,976 16,199 11,986 8,767

2003 (r) 15,997 16,577 12,125 8,591

2003: Feb 15,906 16,465 12,116 8,629

Mar 15,871 16,488 12,107 8,617

Apr 15,897 16,538 12,084 8,611

May 15,943 16,564 12,078 8,599

June 15,967 16,576 12,097 8,593

July 16,021 16,568 12,118 8,582

Aug 15,998 16,591 12,117 8,570

Sept 16,051 16,622 12,126 8,565

Oct 16,070 16,678 12,147 8,553

Nov 16,114 16,705 12,178 8,554

Dec (r) 16,159 16,731 12,192 8,549

2004: Jan (r) 16,149 15,743 12,211 8,538

Feb (p) 15,159 16,756 12,202 8,532

Period Government

Total Federal

1994 19,275 3,018

1995 19,432 2,949

1996 19,539 2,877

1997 10,664 2,806

1998 19,909 2,772

1999 20,307 2,769

2000 20,790 2,865

2001 21,118 2,764

2002 21,513 2,766

2003 (r) 21,575 2,756

2003: Feb 21,625 2,787

Mar 21,616 2,789

Apr 21,597 2,768

May 21,541 2,769

June 21,567 2,763

July 21,561 2,758

Aug 21,580 2,750

Sept 21,539 2,747

Oct 21,560 2,736

Nov 21,544 2,723

Dec (r) 21,544 2,720

2004: Jan (r) 21,538 2,724

Feb (p) 21,559 2,721

(1) Data from the establishment survey. Includes all full- and

part-time wage and salary workers in nonagricultural edtablishments

who received pay for any part of the pay period that includes the

12th of the month. Exludes proprietors, self-employed persons,

unpaid family workers, and private household, workers. Data from

the household survey shown on p. 11 include those workers and also

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. 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 ones–as employed, unemployed, or not in the labor force. See

Employment and Earnings for details.

(2) Includes natural resources and mining, not shown separately.

(3) Includes wholesale trade, transportation and warehousing,

and utilities, not shown separately.

(4) Other services and information.

Note.–Data classified by industry based on the 2002 North American

Industry Classification System (NAICS). For details see Employment

and Earnings, June 2003.

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 gross

Average weekly hours hourly earnings

Total private

nonagricultural (1)

Total

private Manufacturing 1982

Period nonagri- Current dol-

cultural (1) Total Overtime dollars lars (2)

1994 34.5 41.7 5.0 $11.32 $7.53

1995 34.3 41.3 4.7 11.64 7.53

1996 34.3 41.3 4.8 12.03 7.57

1997 34.5 41.7 5.1 12.49 7.67

1998 34.5 41.4 4.8 13.00 7.89

1999 34.3 41.4 4.8 13.47 8.00

2000 34.3 41.3 4.7 14.00 8.03

2001 34.0 40.3 4.0 14.53 8.11

2002 33.9 40.5 4.2 14.95 8.24

2003 (r) 33.7 40.4 4.2 15.35 8.27

2003: Jan 33.8 40.3 4.3 15.18 (r) 8.25

Feb 33.7 40.4 4.3 15.27 8.25

Mar 33.8 40.4 4.1 15.27 8.21

Apr 33.6 40.1 4.0 15.25 (r) 8.23

May 33.7 40.2 4.1 15.31 8.28

June 33.7 40.3 4.1 15.34 (r) 8.29

July 33.6 40.1 4.1 15.40 8.31

Aug 33.6 40.2 4.1 15.41 8.28

Sept 33.6 40.4 4.2 15.41 8.25

Oct 33.7 40.5 4.3 15.43 8.28

Nov 33.8 40.8 4.5 15.46 8.32

Dec (r) 33.6 40.6 4.5 15.45 8.30

2004: Jan (r) 33.8 40.9 4.5 15.49 8.27

Feb (p) 33.8 41.0 4.5 15.52

Average gross

weekly earnings

Average

gross Total private

hourly nonagricultural (1)

earnings

1982

Period Manufac- Current dol-

turing dollars lars (2)

1994 $12.04 $390.73 $259.97

1995 12.34 399.53 258.43

1996 12.75 412.74 259.38

1997 13.14 431.25 265.22

1998 13.45 448.04 271.87

1999 13.85 402.49 274.64

2000 14.32 480.41 275.62

2001 14.76 493.30 275.38

2002 15.29 506.07 278.83

2003 (r) 15.74 577.30 278.75

2003: Jan 15.58 513.08 (r) 279.00

Feb 15.62 514.60 278.16

Mar 15.63 516.13 277.49

Apr 15.64 512.40 (r) 276.07

May 15.68 515.95 279.19

June 15.72 516.96 (r) 279.29

July 15.73 517.44 (r) 279.24

Aug 15.79 517.78 278.08

Sept 15.84 517.78 277.33

Oct 15.83 519.99 278.96

Nov 15.89 522.55 281.09

Dec (r) 15.93 519.12 278.80

2004: Jan (r) 15.95 523.56 279.68

Feb (p) 15.98 524.58

Average gross weekly earnings

Current dollars

Period Manufac- Construc- Retail

turing tion trade

1994 $502.12 $558.53 $265.77

1995 509.26 571.57 272.56

1996 526.55 588.48 282.76

1997 548.22 609.48 295.97

1998 557.12 629.75 310.34

1999 573.17 655.11 321.63

2000 590.65 685.78 333.38

2001 595.19 695.89 346.16

2002 618.75 711.82 680.81

2003 (r) 636.07 727.11 367.28

2003: Jan 627.87 726.79 366.55

Feb 631.05 709.14 365.29

Mar 631.45 728.72 366.17

Apr 627.16 714.42 364.93

May 630.34 729.58 365.60

June 633.52 728.45 366.83

July 630.77 726.55 366.56

Aug 634.76 731.89 369.26

Sept 639.94 731.52 368.95

Oct 641.12 731.90 369.26

Nov 648.31 733.81 369.87

Dec (r) 646.76 725.42 368.06

2004: Jan (r) 652.36 735.74 370.14

Feb (p) 655.18 737.66 369.29

Average gross weekly earnings

Percent change from

a year earlier, total

private non-

agricultural

Period Current 1982

dollars dollars

1994 3.3 0.7

1995 2.3 -.6

1996 3.3 .4

1997 4.5 2.2

1998 3.9 2.5

1999 3.2 1.0

2000 3.9 .4

2001 2.7 -.1

2002 2.6 1.3

2003 (r) 2.2 -.0

2003: Jan 3.1 .4

Feb 3.1 .0

Mar 3.2 -.1

Apr 2.1 (r) -.3

May 2.7 .7

June 1.8 (r) -.3

July 2.3 .3

Aug 1.8 -.4

Sept 1.5 -.7

Oct 1.9 .0

Nov 2.2 .6

Dec (r) 1.2 -.5

2004: Jan (r) 2.0 .2

Feb (p) 1.9

(1) Also includes other private industry groups shown on p. 14.

(2) Current dollar earnings divided by the consumer price index for

urban wage earners and clerical workers (CPI-W) (on a 1982=100 base).

Seasonally adjusted data beginning 1999 reflect annual revisions.

Source: Department of Labor, Bureau of Labor Statistics.

EMPLOYMENT COST INDEX–PRIVATE INDUSTRY

Index (June 1989 = 100)

Total

compensa- Wages and

Period tion salaries Benefits (1)

Not seasonally adjusted

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

2002: Dee 162.3 157.5 174.6

2003: Dec 168.8 162.3 185.8

Seasonally adjusted

2002: Mar 146.6 143.9 153.2

June 148.2 145.4 155.1

Sept 149.7 146.7 157.0

Dec 151.1 147.9 158.7

2001: Mar 152.8 149.4 160.8

June 154.2 150.8 162.5

Sept 155.7 152.0 164.7

Dec 157.4 153.4 166.8

2002: Mar 158.8 154.8 168.6

June 160.5 156.2 170.8

Sept 161.5 156.9 172.6

Dec 162.7 157.7 174.7

2003: Mar 164.9 159.3 178.9

June 166.3 160.3 181.3

Sept 168.0 161.7 183.8

Dec 169.2 162.5 186.0

Total

Period compensa- Wages and

tion salaries Benefits (1)

Not seasonally adjusted

1994: Dec

1995: Dec

1996: Dec

1997: Dec

1998: Dec

1999: Dec

2000: Dec

2001: Dec

2002: Dee

2003: Dec

Seasonally adjusted

2002: Mar 1.3 11.0 2.0

June 1.1 1.0 1.2

Sept 1.0 .9 1.2

Dec .9 .8 1.1

2001: Mar 1.1 1.0 1.3

June .9 .9 1.1

Sept 1.0 .8 1.4

Dec 1.1 .9 1.3

2002: Mar .9 .9 1.1

June 1.1 .9 1.3

Sept .6 .4 1.1

Dec .7 .5 1.2

2003: Mar 1.4 1.0 2.4

June .8 .6 1.3

Sept 1.0 .9 1.4

Dec .7 .5 1.2

Percent change from

12 months earlier

Total

compensa- Wages and

Period tion salaries Benefits (1)

Not seasonally adjusted

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

2002: Dee 3.2 2.7 4.7

2003: Dec 4.0 3.0 6.4

Not seasonally adjusted

2002: 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

Dec 3.2 2.7 4.7

2003: Mar 3.8 3.0 6.0

June 3.5 2.6 6.1

Sept 4.0 3.0 6.5

Dec 4.0 3.0 6.4

(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

Nonfarm Nonfarm

Business business Business business

sector sector sector sector

Indexes, 1992=100; quarterly data

seasonally adjusted

1994 101.4 101.5 108.2 108.3

1995 101.7 102.1 111.4 111.8

1996 104.5 104.7 116.5 116.8

1997 106.5 106.4 122.7 122.8

1998 109.3 109.2 128.6 128.9

1999 (r) 112.4 112.2 135.2 135.6

2000 (r) 115.7 115.3 140.5 140.8

2001 (r) 118.3 117.8 140.6 141.0

2002 (r) 124.0 123.6 143.8 144.2

2003 (r) * 129.6 129.1 149.1 149.5

2000: I (r) 113.8 113.5 138.6 138.8

II (r) 116.0 115.6 141.1 141.4

III (r) 115.8 115.5 140.8 141.1

IV (r) 116.9 116.4 141.5 141.8

2001: I (r) 116.9 116.4 141.2 141.5

II (r) 117.7 117.3 140.8 141.3

III (r) 118.2 117.8 139.9 140.3

IV (r) 120.4 119.8 140.6 140.8

2002: I (r) 122.8 122.6 142.6 143.1

II 123.3 122.8 143.1 143.4

III (r) 124.7 124.2 144.6 144.8

IV (r) 125.4 124.9 145.1 145.4

2003: I (r) 126.4 126.0 145.8 146.3

II (r) 128.6 127.9 147.3 147.6

III (r) 131.3 130.8 151.0 151.3

IV (r) * 132.0 131.6 152.4 152.8

Percent change; quarterly data at

seasonally adjusted annual rates

1994 1.2 1.2 5.0 4.8

1995 .3 .6 2.9 3.2

1996 2.8 2.5 4.6 4.5

1997 1.9 1.7 5.3 5.2

1998 2.6 2.6 4.8 5.0

1999 (r) 2.9 2.8 5.1 5.2

2000 (r) 2.9 2.8 3.9 3.8

2001 (r) 2.2 2.1 .1 .1

2002 (r) 4.9 5.0 2.3 2.3

2003 (r) * 4.5 4.4 3.7 3.7

2000: I (r) -1.3 -1.7 .3 -.1

II (r) 8.2 7.5 7.5 7.5

III (r) -.6 -.4 -.8 -.8

IV (r) 3.8 3.3 2.0 2.2

2001: I (r) -.1 -.1 -.8 -.8

II (r) 3.0 3.1 -1.2 -1.0

III (r) 1.5 1.6 -2.6 -2.5

IV (r) 7.6 7.0 2.2 1.6

2002: I (r) 8.4 9.8 5.6 6.7

II 1.5 .7 1.4 .8

III (r) 4.9 4.5 4.3 4.0

IV (r) 2.0 2.3 1.6 1.6

2003: I (r) 3.5 3.4 1.9 2.4

II (r) 7.2 6.2 4.2 3.8

III (r) 8.7 9.5 10.3 10.4

IV (r) * 2.0 2.6 3.9 4.1

Hours of all Compensation per

persons (2) hour (3)

Nonfarm Nonfarm

Business business Business business

sector sector sector sector

Indexes, 1992=100; quarterly data

seasonally adjusted

1994 106.7 106.7 103.8 103.7

1995 109.5 109.5 106.0 106.0

1996 111.5 111.6 109.5 109.4

1997 115.2 115.4 113.0 112.8

1998 117.7 118.1 119.7 119.4

1999 (r) 120.2 120.8 125.4 124.9

2000 (r) 121.4 122.1 134.2 133.7

2001 (r) 118.9 119.7 139.7 138.9

2002 (r) 116.0 116.6 142.8 142.1

2003 (r) * 115.1 115.8 147.6 146.7

2000: I (r) 121.8 122.3 132.1 131.8

II (r) 121.6 122.3 132.7 132.1

III (r) 121.6 122.2 135.4 134.9

IV (r) 121.0 121.8 136.3 135.6

2001: I (r) 120.8 121.6 138.2 137.5

II (r) 119.6 120.4 139.1 138.3

III (r) 118.4 119.1 140.1 139.3

IV (r) 116.9 117.6 141.5 140.7

2002: I (r) 116.1 116.7 141.8 141.1

II 116.1 116.8 142.6 141.9

III (r) 115.9 116.6 143.1 142.4

IV (r) 115.8 116.4 143.8 143.2

2003: I (r) 115.4 116.1 145.5 144.6

II (r) 114.5 115.4 147.4 146.3

III (r) 115.0 115.7 148.4 147.5

IV (r) * 115.5 116.1 149.0 148.3

Percent change; quarterly data at

seasonally adjusted annual rates

1994 3.8 3.5 1.6 1.7

1995 2.6 2.6 2.2 2.2

1996 1.8 1.9 3.2 3.2

1997 3.3 3.4 3.2 3.1

1998 2.2 2.3 5.9 5.8

1999 (r) 2.1 2.3 4.8 4.7

2000 (r) 1.0 1.0 7.0 7.0

2001 (r) -2.1 -2.0 4.1 3.9

2002 (r) -2.5 -2.6 2.2 2.3

2003 (r) * -.8 -.7 3.3 3.2

2000: I (r) 1.7 1.6 14.5 14.7

II (r) -.7 -.1 1.8 1.1

III (r) -.2 -.4 8.5 8.8

IV (r) -1.7 -1.1 2.5 2.0

2001: I (r) -.7 -.7 5.8 5.6

II (r) -4.0 -4.0 2.7 2.4

III (r) -4.0 -4.1 3.0 3.0

IV (r) -.5 -5.1 3.9 4.0

2002: I (r) -2.6 -2.9 .9 1.2

II -.1 .1 2.3 2.3

III (r) -.5 -.5 1.3 1.3

IV (r) -.5 -.7 2.2 2.2

2003: I (r) -1.5 -1.0 4.8 4.0

II (r) -2.8 -2.3 5.3 4.9

III (r) 1.5 .9 2.7 3.3

IV (r) * 1.9 1.5 1.8 2.2

Real

compensation Unit labor

per hour (4) costs

Nonfarm Nonfarm

Business business Business business

sector sector sector sector

Indexes, 1992=100; quarterly data

seasonally adjusted

1994 99.2 99.1 102.3 102.2

1995 98.9 98.9 104.3 103.8

1996 99.5 99.4 104.8 104.5

1997 100.5 100.3 106.1 106.0

1998 105.0 104.7 109.5 109.3

1999 (r) 107.8 107.3 111.6 111.3

2000 (r) 111.6 111.2 116.0 116.0

2001 (r) 113.0 112.4 118.1 118.0

2002 (r) 113.7 113.2 115.2 115.0

2003 (r) * 114.9 114.2 113.9 113.6

2000: I (r) 111.2 110.9 116.1 116.1

II (r) 110.8 110.3 114.4 114.3

III (r) 112.1 111.7 116.9 116.9

IV (r) 112.0 111.4 116.5 116.5

2001: I (r) 112.5 111.9 118.2 118.1

II (r) 112.4 111.7 118.2 117.9

III (r) 112.9 112.3 118.6 118.3

IV (r) 114.2 113.5 117.6 117.5

2002: I (r) 114.1 113.5 115.5 115.1

II 113.7 113.2 115.7 115.6

III (r) 113.5 112.9 114.7 114.6

IV (r) 113.5 113.0 114.7 114.6

2003: I (r) 113.8 113.1 115.1 114.8

II (r) 115.1 114.2 114.6 114.4

III (r) 115.2 114.5 113.0 112.8

IV (r) * 115.5 114.9 112.9 112.7

Percent change; quarterly data at

seasonally adjusted annual rates

1994 -0.5 -0.4 0.4 0.5

1995 -.3 -.2 1.9 1.6

1996 .5 .5 .5 .6

1997 1.1 1.0 1.3 1.4

1998 4.4 4.3 3.2 3.2

1999 (r) 2.7 2.5 1.8 1.8

2000 (r) 3.6 3.6 4.0 4.2

2001 (r) 1.3 1.1 1.8 1.7

2002 (r) .6 .7 -2.5 -2.5

2003 (r) * 1.0 .9 -1.1 -1.2

2000: I (r) 10.4 10.5 16.0 16.7

II (r) -1.5 -2.2 -5.9 -6.0

III (r) 4.7 5.0 9.2 9.2

IV (r) -.4 -.9 -1.3 -1.3

2001: I (r) 2.0 1.8 5.9 5.7

II (r) -.6 -.8 -.3 -.7

III (r) 2.1 2.1 1.5 1.3

IV (r) 4.5 4.6 -3.4 -2.8

2002: I (r) -.4 .0 -6.9 -7.8

II -1.2 -1.2 .9 1.6

III (r) -.9 -.9 -3.4 -3.1

IV (r) .2 .2 .1 -.1

2003: I (r) .9 .2 1.3 .6

II (r) 4.7 4.2 -1.7 -1.3

III (r) .3 1.0 -5.5 -5.6

IV (r) * 1.0 1.4 -.2 -.4

Implicit price

deflator (3)

Nonfarm

Business business

sector sector

Indexes, 1992=100; quarterly data

seasonally adjusted

1994 103.9 104.0

1995 105.7 105.8

1996 107.4 107.3

1997 109.0 109.1

1998 109.7 109.9

1999 (r) 110.7 111.1

2000 (r) 112.7 113.3

2001 (r) 114.9 115.4

2002 (r) 115.8 116.4

2003 (r) * 117.4 117.9

2000: I (r) 112.1 112.6

II (r) 112.6 113.1

III (r) 112.9 113.5

IV (r) 113.3 113.9

2001: I (r) 114.1 114.6

II (r) 115.0 115.5

III (r) 115.2 115.6

IV (r) 115.5 116.0

2002: I (r) 115.3 115.8

II 115.7 116.3

III (r) 115.9 116.6

IV (r) 116.5 117.1

2003: I (r) 116.9 117.5

II (r) 117.2 117.7

III (r) 117.6 118.1

IV (r) * 117.9 118.2

Percent change; quarterly data at

seasonally adjusted annual rates

1994 1.8 1.9

1995 1.8 1.7

1996 1.6 1.4

1997 1.0 1.7

1998 .6 .7

1999 (r) .9 1.1

2000 (r) 1.8 1.9

2001 (r) 1.9 1.9

2002 (r) .8 .9

2003 (r) * 1.4 1.2

2000: I (r) 3.4 3.3

II (r) 1.8 1.8

III (r) 1.3 1.4

IV (r) 1.4 1.3

2001: I (r) 2.7 2.5

II (r) 3.1 2.9

III (r) .8 .6

IV (r) 1.1 1.3

2002: I (r) -.7 -.7

II 1.6 1.9

III (r) .5 1.0

IV (r) 1.9 1.7

2003: I (r) 1.6 1.5

II (r) .9 .7

III (r) 1.3 1.1

IV (r) * 1.2 .5

(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 employer’s 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 1978-2002

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 preceding period and are based on original

data; they therefore may differ slightly from percent changes based

on indexes shown here.

Data beginning 1999 reflect revisions to incorporate the annual

benchmark and seasonal adjustment revisions for nonagricultural

payroll series released on February 6, 2004.

* Data based on GDP data released on February 27, 2004.

Source: Department of Labor, Bureau of Labor Statistics.

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