> BUREAU OF LABOR STATISTICS, DAILY REPORT, OCTOBER 4, 2001:
>
> Almost 100,000 U.S. workers lost their lives over a 16-year period as a
> result of work-related injuries, according to two new documents released
> by the National Institute for Occupational Safety and Health. The leading
> causes of job-related deaths were motor vehicle crashes, homicides,
> machine-related incidents, falls, electrocutions, and being struck by
> falling objects. The number of fatal job injuries decreased from 1980
> through 1995 by 28 percent. The average annual fatality rate declined by
> 42 percent. Male workers had a job-related fatality rate 11 times higher
> than the rate for female workers. Workers 65 and older had the highest
> fatality rate of all age groups in every industry and occupation (Daily
> Labor Report, page A-5).
>
> Data compiled by the Bureau of National Affairs in the first 40 weeks of
> 2001 show that the weighted average first-year wage increase in newly
> negotiated contracts is 4.1 percent, compared with 3.8 percent in 2000.
> The median gain for these settlements was 3.5 percent, compared with 3.3
> percent last year (Daily Labor Report, page D-1).
>
> New claims for unemployment benefits shot up last week to the highest
> level in 9 years as layoffs from the terror attacks took their toll on the
> travel and tourism industries. The Labor Department reports that for the
> work week ending September 29, new jobless claims jumped by a seasonally
> adjusted 71,000 to 528,000. That came on top of a 64,000 increase in
> claims the week before, which pushed claims to levels not seen since 1992.
> The sharp rise in claims over those 2 weeks reflects the rippling impact
> the September 11 attacks in New York and Washington are having on a labor
> market that was already suffering because of the country's more than
> yearlong economic slump. The big advance in the latest claims figures, a
> government analyst says, in part comes from layoffs in the airline,
> tourism and other travel-related businesses (Jeannine Aversa, Associated
> Press,
> http://www.chicagotribune.com/business/sns-economy.story?coll=chi%2Dbusine
> ss%2Dhed).
>
> The number of jobs in New York City has probably plunged by 28,000, and is
> likely to drop by at least 40,000 more this year -- maybe by 87,000, if
> the national economy stumbles into a severe recession, writes Leslie Eaton
> in The New York Times (page B1). The unemployment rate, already edging up
> to 5 percent, could end the year as high as 6.7 percent, and might hit 8
> percent by the end of next year. All of these statistics come from
> Economy.com, which specializes in regional financial data.
>
> The number of layoff announcements by U.S. companies rose to its highest
> monthly level this year in September, a new report says. "September is
> the largest job-cut month so far in 2001," the report says. Announced job
> cuts totaled 248,332 in September, up 77 percent from August when
> companies announced 140,019 layoffs, outplacement firm Challenger Gray &
> Christmas said. The number of layoff announcements in September is also
> more than 4 times greater than during the same month last year (Reuters,
> http://www.usatoday.com/money/economy/2001-10-04-challenger.htm).
>
> House appropriators Oct. 3 swiftly marked up the fiscal year 2002 spending
> bill covering the departments of Labor, Health and Human Services, and
> Education after congressional and White House negotiators reached an
> agreement that sets a total discretionary level of spending for the
> current fiscal year. The Labor Department fared well under the agreement
> on the Labor-HHS measure, receiving slightly more than $11.9 billion in
> discretionary spending for FY 2002. This is up from slightly more than
> $11.3 billion requested by the Bush Administration and up from the close
> to $11.7 billion allotted for FY 2001....The Bureau of Labor Statistics'
> budget in the measure is more than $1 million higher than the
> administration request (Daily Labor Report, page AA-1).
>
> Business in the nonmanufacturing service sector economy grew slightly in
> September, indicating almost no change in economic activity, according to
> a survey released Oct. 3 by the National Association of Purchasing
> Management (Daily Labor Report, page A-3).
>
>
> DUE OUT TOMORROW: The Employment Situation: September 2001
>
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