Re: [PEN-L:9179] Re: FW: BLS Daily Report

2000-05-17 Thread Peter Dorman
Michael Perelman wrote: Very interesting. Does this mean that more manufacturing jobs are going abroad and that service jobs are safer than manufacturing? Certainly, it is not a growing interest in safety. Richardson_D wrote: BLS DAILY REPORT, TUESDAY, MARCH 25, 1997

FW: BLS Daily Report

1997-12-19 Thread Richardson_D
It is thought that only 25 basis points have been shaved off the index thus far. Another 20 or so points will be temporarily shaved off by the 9801 revision, and another 25 in 9901 by the move to Geomeans. It is not so surprising that wages should begin to rise at this point with UP at recent

FW: BLS Daily Report

1997-11-06 Thread Richardson_D
This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. charset="iso-8859-1" BLS DAILY REPORT, TUESDAY, NOVEMBER 4, 1997 RELEASED TODAY: BLS will hold a series of briefings to inform members of the public

FW: BLS Daily Report

1997-10-31 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, OCTOBER 30, 1997 RELEASED TODAY: Average annual pay of employees within the nation's 313 metropolitan areas increased by 4.0 percent from 1995 to 1996. The 4.0 percent increase from 1995 to 1996 was the largest over-the-year gain since 1992. Average annual pay in

Re: FW: BLS Daily Report

1997-10-29 Thread Doug Henwood
Richardson_D wrote: Contrary to popular belief, average pay has steadily risen in the last 25 years, according to a report by American Enterprise Institute economist Marvin H. Kosters. [etc.] This is brilliant! If you don't like what the data say, adjust them three or four times to achieve the

Re: FW: BLS Daily Report

1997-10-29 Thread Tom Walker
Contrary to popular belief, when Humpty-dumpty used words they meant whatever he wanted them to mean. Also contrary to popular belief, Procrustes' bed could accomodate guests both tall and short. Marvin Koster gives everyone a pay boost by defining average pay in a most peculiar way. Whew is

re: FW: BLS Daily Report

1997-10-15 Thread James Devine
Are people really talking about the US economy entering a "New Era"? The last time those words were used was during the optimistic phase of the 1920s. The "New Economy" is nicer in that it avoids the historical connection, but in essence it's the same thing. Jim Devine [EMAIL PROTECTED]

[PEN-L:12764] FW: BLS Daily Report

1997-10-03 Thread Richardson_D
News note: You may have noted that when the Senate passed Fast-Track in committee, only Sen. Kent Conrad (D-ND) was opposed. As it turns out there were several others who would have voted no save for a simultaneous vote on the Senate floor. Nonetheless, the Senate is more and more a

[PEN-L:12765] FW: BLS Daily Report

1997-10-03 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, SEPTEMBER 2, 1997 Growth in the manufacturing sector continues in September, but at a slower pace, reflecting slower expansion of production and new orders, the National Association of Purchasing Management reports (Daily Labor Report, page A-11)_The

[PEN-L:12727] FW: BLS Daily Report

1997-10-01 Thread Richardson_D
BLS DAILY REPORT, MONDAY AND TUESDAY, SEPTEMBER 29 AND 30, 1997 RELEASED ON TUESDAY: Most state unemployment rates showed little change in August, as 43 states recorded shifts of 0.3 percentage point or less from July. The national jobless rate, 4.9 percent, was little changed over the month.

[PEN-L:12659] FW: BLS Daily Report

1997-09-29 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, SEPTEMBER 25, 1997 Long-lived economic expansion is unlikely to end soon, thanks to investment-led productivity growth and a healthy financial sector that should be able to absorb unexpected shocks, says Janet Yellen, who chairs the Council of Economic Advisers

[PEN-L:12660] FW: BLS Daily Report

1997-09-29 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, SEPTEMBER 26, 1997 Close to 10 million low-paid employees got a raise this year, with the increase in the federal minimum wage that took effect Sept. 1. For millions of other workers, their pay is regulated by state laws and regulations that vary widely in their

[PEN-L:12583] FW: BLS Daily Report

1997-09-25 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, SEPTEMBER 24, 1997 The BLS experimental geometric mean version of the CPI rose 2 percent in the year ended in August, the agency reports. The official CPI-U has risen 2.2 percent in the year ended in August (Daily Labor Report, page A-4). In an article about

[PEN-L:12564] FW: BLS Daily Report

1997-09-24 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, SEPTEMBER 23, 1997 Higher job-related death rates and health insurance costs are creating barriers to hiring older workers, despite widespread labor shortages. Older workers are more than twice as likely as younger ones to die of job-related causes, recent BLS studies

[PEN-L:12574] Re: FW: BLS Daily Report

1997-09-24 Thread Tom Walker
Overtime persists at near-record levels, and many workers are chafing. Manufacturing overtime reached a record average 4.9 hours a week in March and April, slipped, and climbed again -- to 4.8 hours in August, the Labor Department says. Many companies want to avoid hiring that could mean layoffs

[PEN-L:12543] FW: BLS Daily Report

1997-09-23 Thread Richardson_D
BLS DAILY REPORT, MONDAY, SEPTEMBER 22, 1997 All States except Alaska and Hawaii registered gains in inflation-adjusted per capita personal income during 1996, with the largest increases in the Plains region, according to revised figures from the Bureau of Economic Analysis, Department of

[PEN-L:12512] FW: BLS Daily Report

1997-09-22 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, SEPTEMBER 19, 1997 Initial claims for unemployment insurance benefits decreased by 5,000 to a seasonally adjusted 306,000 in the week ended Sept. 13, the Labor Department reports (Daily Labor Report, page D-8)_The number of Americans filing new claims for

[PEN-L:12390] FW: BLS Daily Report

1997-09-16 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, SEPTEMBER 16, 1997 RELEASED TODAY: CPI -- On a seasonally adjusted basis, the CPI-U rose 0.2 percent in August, the same as in July. The food index increased 0.4 percent in August. Grocery store food prices, which rose 0.3 percent in July, increased 0.6 percent in

[PEN-L:12379] FW: BLS Daily Report

1997-09-16 Thread Richardson_D
BLS DAILY REPORT, MONDAY, SEPTEMBER 15, 1997 Seven consecutive monthly decreases in wholesale prices, the longest such string since the government began tracking these costs in 1947, finally come to an end. Rising energy costs in August boosted the PPI for Finished Goods by a seasonally

[PEN-L:12275] FW: BLS Daily Report

1997-09-12 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, SEPTEMBER 11, 1997 RELEASED TODAY: The average annual pay of all workers covered by State and Federal Unemployment Insurance (UI) programs was $28,945 in 1996, a 3.9 percent increase over the 1995 national average, according to preliminary data. The annual pay of

[PEN-L:12255] FW: BLS Daily Report

1997-09-11 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, SEPTEMBER 10, 1997 RELEASED TODAY: In June 1997, there were 1,113 mass layoff actions by employers as measured by new filings for unemployment insurance benefits during the month. Each action involved at least 50 persons from a single establishment, and the number

Re: [PEN-L:12255] FW: BLS Daily Report

1997-09-11 Thread Peter Dorman
I just had an idea about the job tenure debate, prompted by this latest BLS report (thanks!). Perhaps the churning has increased primarily in the primary sector, where hanging on to your job is more important, and in which there have been traditional expectations of greater tenure. If churning

[PEN-L:12229] FW: BLS Daily Report

1997-09-10 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, SEPTEMBER 9, 1997 RELEASED TODAY: The revised seasonally adjusted annual rate of productivity change in the second quarter of 1997 was 2.7 percent in both the business and the nonfarm business sectors. In both sectors, productivity growth was stronger than in the

[PEN-L:12204] FW: BLS Daily Report

1997-09-09 Thread Richardson_D
BLS DAILY REPORT, MONDAY, SEPTEMBER 8, 1997 __U.S. nonfarm payroll employment grew by a seasonally adjusted 49,000 in August, held down by a massive strike at United Parcel Service. The unemployment rate rose a statistically insignificant 0.1 percent to 4.9 percent. The jobless rate has

[PEN-L:12184] FW: BLS Daily Report

1997-09-08 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, SEPTEMBER 5, 1997 RELEASED TODAY: EMPLOYMENT SITUATION -- Employment and unemployment were little changed in August. The jobless rate was 4.9 percent in August; it had been 4.8 percent in July and has shown little movement over the past several months. Nonfarm

[PEN-L:12183] FW: BLS Daily Report

1997-09-08 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, SEPTEMBER 3, 1997 As the second half of a two-part minimum wage hike took effect Sept. 1, a look at the latest data from BLS shows that 1.5 million workers were making the former minimum wage of $4.75 in the second quarter of 1997 Unpublished work tables from BLS

[PEN-L:12110] FW: BLS Daily Report

1997-09-03 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, SEPTEMBER 2, 1997 With thousands of solid-paying, career-oriented jobs available, a steadily increasing number of high school graduates are deciding they don't need to spend four years in college to get their piece of the American dream. A tight labor market and the

[PEN-L:12089] FW: BLS Daily Report

1997-09-02 Thread Richardson_D
(See last item). Here at the Labor Dept. we are wondering what it is that we did so well to so disturb Mr. Armey. -- BLS DAILY REPORT, FRIDAY, AUGUST 29, 1997: The government's summertime snapshot of the youth labor force picks up the tones of a robust economy, with total employment

[PEN-L:12025] FW: BLS Daily Report

1997-08-29 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, AUGUST 28, 1997 RELEASED TODAY: The number of employed youth increased by 2.8 million (not seasonally adjusted) from April to July, the traditional summertime peak for youth employment. This year's seasonal expansion in employment of 16- to 24-year-olds was slightly

[PEN-L:11970] FW: BLS Daily Report

1997-08-26 Thread Richardson_D
BLS DAILY REPORT, MONDAY, AUGUST 25, 1997 The pay gap that separates college and high school educated workers favors only college graduates whose literacy skills are commensurate with their educational level, according to a report in the July issue of the BLS "Monthly Labor Review." The authors

[PEN-L:11968] FW: Error Condition Re: FW: BLS Daily Report

1997-08-26 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, AUGUST 21, 1997 The Labor Department announced a schedule for the release of databases under its new Occupational Information Network (O*NET) -- a system for collecting, classifying, and disseminating information about requirements and characteristics of occupations

[PEN-L:11990] FW: BLS Daily Report

1997-08-26 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, AUGUST 26, 1997 RELEASED TODAY: State unemployment rates were little changed in July, as 43 states recorded changes of 0.3 percentage point or less from June. The national jobless rate edged down to 4.8 percent in July. Nonfarm payroll employment increased in 30

[PEN-L:11914] FW: BLS Daily Report

1997-08-21 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, AUGUST 20, 1997 __Prices of goods imported to the United States dropped 0.2 percent in July, BLS reports. The price of exports dipped 0.1 percent. Declines in both imported petroleum prices and nonpetroleum prices contributed to the July downturn. Petroleum prices

[PEN-L:11856] FW: BLS Daily Report

1997-08-18 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, AUGUST 14, 1997 RELEASED TODAY: CPI -- On a seasonally adjusted basis, the CPI-U rose 0.2 percent in July, following increases of 0.1 percent in each of the preceding four months. The food index increased 0.3 percent in July The energy index continued to

[PEN-L:11757] FW: BLS Daily Report

1997-08-14 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, AUGUST 12, 1997 RELEASED TODAY: Preliminary seasonally adjusted annual rates of productivity change in the second quarter were: 0.7 percent in the business sector and 0.6 percent in the nonfarm business sector. In both the business and nonfarm business sectors,

[PEN-L:11758] FW: BLS Daily Report

1997-08-14 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, AUGUST 13, 1997 RELEASED TODAY: The Producer Price Index for Finished Goods decreased 0.1 percent in July, seasonally adjusted. This followed drops of 0.1 percent in June and 0.3 percent in May and is the seventh consecutive monthly decline in the index. Prices

[PEN-L:11727] FW: BLS Daily Report

1997-08-13 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, AUGUST 6, 1997 The index of forward-looking economic indicators was unchanged in June, after rising 0.3 percent in May, the Conference Board reports. The New York-based board said five of the 10 leading economic indicators rose in June. The most significant

[PEN-L:11730] FW: BLS Daily Report

1997-08-13 Thread Richardson_D
BLS DAILY REPORT, MONDAY, AUGUST 11, 1997 In many ways, UPS is a metaphor for the 1990s economy, says a Washington Post Sunday commentary (page C1) What the UPS workers mostly want is the simple right to work full time. Only 40 percent of them, mostly drivers, now do so The duration of

[PEN-L:11729] FW: BLS Daily Report

1997-08-13 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, AUGUST 8, 1997 __The widespread use of part-time workers at United Parcel Service is drawing public attention to one of the thorniest workplace issues. Part-time employment in private industry has grown rapidly in the last two decades, now amounting to about 22 million

[PEN-L:11728] FW: BLS Daily Report

1997-08-13 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, AUGUST 7, 1997 RELEASED TODAY: Largely as a result of reductions in job-related homicides and electrocutions, the number of fatal work injuries fell in 1996 to 6,112, the lowest level in the five-year history of the Census of Fatal Occupational Injuries. The

[PEN-L:11712] FW: BLS Daily Report

1997-08-12 Thread Richardson_D
I censored the USA Today report on UPS as too biased. -- BLS DAILY REPORT, TUESDAY, AUGUST 5, 1997 Total spending on new construction -- including the full range of structures from houses to highways -- declined by 1.1 percent in June, ending the second quarter on a weak note,

[PEN-L:11710] FW: BLS Daily Report

1997-08-12 Thread Richardson_D
BLS DAILY REPORT, MONDAY, AUGUST 4, 1997 __The economy keeps up its robust pace of job creation, adding 316,000 jobs to nonfarm payrolls in July, according to data released by BLS. The gain meant that 2.5 million jobs have been created over the last year. The unemployment rate declined to 4.8

[PEN-L:11473] FW: BLS Daily Report

1997-07-28 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, JULY 25, 1997 RELEASED TODAY: Retirement plan participation by employees in medium and large private establishments (those with 100 workers or more) has remained fairly constant, but there has been a shift in the types of plans providing coverage, according to a 1995

[PEN-L:11446] FW: BLS Daily Report

1997-07-25 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, JULY 24, 1997 Top Fed officials went to Capitol Hill again yesterday In answer to the question, "Is inflation so low that deflation is now a worry?," Greenspan said, "`While ... the measured inflation rate has come down ... there are none of the characteristics

[PEN-L:11436] FW: BLS Daily Report

1997-07-24 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, JULY 23, 1997 RELEASED TODAY: Sixty-five percent of 1996 high school graduates were attending colleges or universities by the fall. This rate was an all-time high. From 1992 to 1995, the enrollment rate was about 62 percent Nearly two-thirds of the 1996 high

[PEN-L:11378] FW: BLS Daily Report

1997-07-22 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, JULY 17, 1997 RELEASED TODAY: In April 1997, there were 1,009 mass layoff actions by employers as measured by new filings for unemployment insurance benefits during the month, according to preliminary data. Each action involved at least 50 persons from a single

[PEN-L:11382] FW: BLS Daily Report

1997-07-22 Thread Richardson_D
BLS DAILY REPORT, MONDAY, JULY 21, 1997 Import prices increased 0.4 percent in June for the first monthly upturn since December, BLS reports. The cost of goods exported from the United States slipped 0.1 percent, continuing a three-month string of declines (Daily Labor Report, page

[PEN-L:11379] FW: BLS Daily Report

1997-07-22 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, JULY 18, 1997 RELEASED TODAY: The U.S. Import Price Index increased 0.4 percent in June. A rise in both imported petroleum prices and nonpetroleum prices contributed to the increase. The U.S. Export Price Index fell for the third straight month, dipping 0.1

[PEN-L:11232] FW: BLS Daily Report

1997-07-10 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, JULY 8, 1997 The number of announced layoffs dropped 28 percent in June, compared with May, and was the lowest monthly workforce reduction total since May 1993, says a report by Challenger, Gray Christmas, Inc. Employers announced 15,091 job cuts in June, 28

[PEN-L:11231] FW: BLS Daily Report

1997-07-10 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, JULY 9, 1997 An interagency committee recommends to OMB that it reject proposals to add a multiracial category to the federal government's race and ethnic categories, according to the report scheduled to be published in the Federal Register. Rather than offer a

[PEN-L:10897] FW: BLS Daily Report

1997-06-18 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, JUNE 17, 1997 RELEASED TODAY: CPI -- On a seasonally adjusted basis, the CPI-U rose 0.1 percent in May, the same as in each of the preceding two months. The food index, which declined in April, advanced 0.4 percent in May The energy index declined for the

[PEN-L:10880] FW: BLS Daily Report

1997-06-17 Thread Richardson_D
BLS DAILY REPORT, MONDAY, JUNE 16, 1997 RELEASED TODAY: The number of families with at least one employed person rose by 709,000 in 1996. Such families comprised 81.4 percent of the nation's 69.2 million families, according to a new annual series on the employment characteristics of

[PEN-L:10844] FW: BLS Daily Report

1997-06-16 Thread Richardson_D
DAILY REPORT, FRIDAY, JUNE 13, 1997 RELEASED TODAY: The Producer Price Index for Finished Goods fell 0.3 percent in May, seasonally adjusted. This was the fifth consecutive monthly decline Prices received by domestic producers of intermediate goods moved down 0.2 percent in May after

[PEN-L:10805] FW: BLS Daily Report

1997-06-13 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, JUNE 12, 1997 RELEASED TODAY: Half of all workers afflicted with carpal tunnel syndrome missed 30 days or more of work, according to BLS report on the characteristics of lost-worktime injuries. Work-related hernias, amputations (usually involving the finger), and

[PEN-L:10744] FW: BLS Daily Report

1997-06-11 Thread Richardson_D
See esp. item 4, How many hours in a work week? -- BLS DAILY REPORT, TUESDAY, JUNE 10, 1997 Many of the assumptions made by the Advisory Commission to Study the CPI are flawed, BLS says in a point-by-point report submitted to the Joint Economic Committee. It is the agency's

[PEN-L:10722] FW: BLS Daily Report

1997-06-10 Thread Richardson_D
BLS DAILY REPORT, MONDAY, JUNE 6, 1997 __The nation's unemployment rate dropped in May to the lowest level in more than 23 years, adding to a rosy portrait of the U.S. economy that sent stock prices soaring to new records The report left unclear whether economic growth is slowing The

[PEN-L:10598] FW: BLS Daily Report

1997-06-06 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, JUNE 4, 1997 "New data on muliple jobholding available from the CPS" by John F. Stinson, Jr., an economist in the Office of Employment and Unemployment Statistics of BLS, is reprinted in the Daily Labor Report (page E-37). In the opening story (page A-5), the

[PEN-L:10503] FW: BLS Daily Report

1997-06-04 Thread Richardson_D
BLS DAILY REPORT, MONDAY, JUNE 2, 1997 Slightly more than half of the largest US. employers now offer work at home or job sharing arrangements to their employees, according to a survey of 519 companies by the management consulting firm of Watson Wyatt Worldwide The survey found that 51

[PEN-L:10516] FW: BLS Daily Report

1997-06-04 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, JUNE 3, 1997 The National Association of Purchasing Management reports that growth in the manufacturing sector advanced at a faster pace in May than in April, spurred by a surge in new orders (Daily Labor Report, page A-3) Construction spending fell 1 percent

[PEN-L:10493] FW: BLS Daily Report

1997-06-02 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, MAY 30, 1997 Looking back on the agency's recent experience, BLS Commissioner Abraham says the bureau might establish a permanent academic advisory group to study measurement issues related to the CPI Abraham says in an interview that she has thought for some

[PEN-L:10492] Re: FW: BLS Daily Report

1997-06-02 Thread Richardson_D
and all, in the hope that we may all keep up with the U.S. economy a bit better. Dave -- Sent: Friday, May 30, 1997 12:40 PM Subject:[PEN-L:10436] Re: FW: BLS Daily Report I have a question on this BLS data: On Fri, May 30, 1997 at 07:10:37 (-0700) Richardson_D writes: BLS

[PEN-L:10436] Re: FW: BLS Daily Report

1997-05-30 Thread William S. Lear
I have a question on this BLS data: On Fri, May 30, 1997 at 07:10:37 (-0700) Richardson_D writes: BLS DAILY REPORT, THURSDAY, MAY 29, 1997 ... Consumer spending has been the driving force behind the U.S. economy over the past year, but, ironically, American families haven't been spending very

[PEN-L:10433] FW: BLS Daily Report

1997-05-30 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, MAY 29, 1997 __In the month of April, when the national unemployment rate declined to 4.9 percent, there were 29 states and the District of Columbia with jobless rates at or below that level, according to data released by BLS. Labor markets have improved to such

[PEN-L:10400] FW: BLS Daily Report

1997-05-29 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MAY 27, 1997 The third quarter of 1997 should have the most robust hiring since 1988, according to the results of a Manpower, Inc., survey of 16,000 businesses. The survey finds that 30 percent of respondents will be searching for additional workers this summer,

[PEN-L:10402] FW: BLS Daily Report

1997-05-29 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, MAY 28, 1997 RELEASED TODAY: State unemployment rates were generally unchanged in April, as 40 states reported changes of 0.3 percentage point or less in either direction from March. The national jobless rate declined to 4.9 percent from 5.2 percent in March.

[PEN-L:10285] FW: BLS Daily Report

1997-05-22 Thread Richardson_D
BLS DAILY REPORT, MONDAY, MAY 19, 1997 Looking ahead the next year or two, employers should expect a gradual acceleration in health care costs rather than a rapid rise back to the double-digit increases of the 1980s and early 1990s, industry experts predict in a recent series of interviews by

[PEN-L:10287] FW: BLS Daily Report

1997-05-22 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, MAY 21, 1997 RELEASED TODAY: The U.S. Import Price Index decreased 0.9 percent in April. The monthly decline was the fourth in a row with both petroleum and nonpetroleum import prices contributing to the April drop. The U.S. Export Price Index declined 0.6

[PEN-L:10286] FW: BLS Daily Report

1997-05-22 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MAY 20, 1997 An article, "Engine of Economic Change" by Steven Pearlstein in the Washington Post (page C1), says that "thriving Milwaukee challenges the Fed's assumptions about inflation Despite a tight labor market that should give workers the upper hand, base

[PEN-L:10207] FW: BLS Daily Report

1997-05-19 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, MAY 15, 1997 RELEASED TODAY: CPI -- On a seasonally adjusted basis, the CPI-U rose 0.1 percent in April, the same as in March. The food index, which was unchanged in March, declined 0.2 percent in April The energy index declined for the second consecutive

[PEN-L:10124] FW: BLS Daily Report

1997-05-15 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, MAY 14, 1997 RELEASED TODAY: The Producer Price Index for Finished Goods declined 0.6 percent in April, seasonally adjusted. This followed decreases of 0.1 percent in March and 0.4 percent in February. Prices received by domestic producers of intermediate goods

[PEN-L:10123] FW: BLS Daily Report

1997-05-15 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MAY 13, 1997: The pace of growth for the nation's top black-owned businesses slowed considerably from a year ago because of a backlash against affirmative action and economic troubles, Black Enterprise magazine reported. Sales of the black-owned companies ranked as

[PEN-L:10070] FW: BLS Daily Report

1997-05-13 Thread Richardson_D
BLS DAILY REPORT, MONDAY, MAY 12, 1997 The number of mass layoffs occurring in U.S. firms increased by 83 percent in the fourth quarter of 1996, to a total of 1,802, compared with 985 in the third quarter, the Labor Department reports. BLS says the 1,802 mass layoffs resulted in the

[PEN-L:10057] FW: BLS Daily Report

1997-05-12 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, MAY 9, 1997 RELEASED TODAY: In October through December of 1996, there were 1,802 mass layoff actions by employers, resulting in the separation of 397,643 workers from their jobs for more than 30 days. (Preliminary figures may not include all states.) A year

[PEN-L:9994] FW: BLS Daily Report

1997-05-09 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, MAY 8, 1997 __Nonfarm productivity rose at a seasonaly adjusted annual rate of 2 percent in the first quarter of 1997, almost twice the 1.1 percent annual rate of growth in the last three months of 1996, BLS reports. Surprising many labor market analysts, annual

[PEN-L:9946] FW: BLS Daily Report

1997-05-08 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, MAY 7, 1997 RELEASED TODAY: Preliminary seasonally-adjusted annual rates of productivity change in the first quarter were: 2.1 percent in the business sector and 2.0 percent in the nonfarm business sector. In both sectors, first-quarter productivity gains were

[PEN-L:9927] FW: BLS Daily Report

1997-05-07 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MAY 6, 1997 The May 1997 issue of the AARP Bulletin contains a profile of Commissioner Abraham based on an interview -- "Custodian of the CPI: Low-Profile Bureaucrat Stands Her Ground on Index." An editorial in the Washington Post, "Ducking the Hard Ones," says

[PEN-L:9912] FW: BLS Daily Report

1997-05-06 Thread Richardson_D
BLS DAILY REPORT, MONDAY, MAY 5, 1997 __The unemployment rate fell to 4.9 percent in April, its lowest level since 1973, BLS reports. Although BLS' survey of 50,000 households showed that the unemployment rate declined 0.3 percentage point in April, the economy created a modest 142,000 new

[PEN-L:9878] FW: BLS Daily Report

1997-05-05 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, MAY 1, 1997 Alaska and the District of Columbia registered the highest unemployment rates in the nation during March, with both showing a 7.8 percent rate, BLS reports (Daily Labor Report, page D-21). Economic growth shot up at a much stronger-than-expected 5.6

[PEN-L:9877] FW: BLS Daily Report

1997-05-05 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, APRIL 30, 1997 RELEASED TODAY: Most state unemployment rates showed little change in March, as 45 states recorded shifts of 0.3 percentage point or less. The national jobless rate was about unchanged at 5.2 percent. Nonfarm employment rose in 44 states in March

[PEN-L:9739] FW: BLS Daily Report

1997-04-30 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, APRIL 29, 1997 RELEASED TODAY: The Employment Cost Index for March 1997 was 132.0, an increase of 2.9 percent from March 1996. The ECI measures changes in compensation costs, which include wages, salaries, and employer costs for employee benefits. On a seasonally

[PEN-L:9704] FW: BLS Daily Report

1997-04-29 Thread Richardson_D
BLS DAILY REPORT, MONDAY, APRIL 28, 1997 Productivity in the nonfarm business sector as measured by the federal government has been stagnating, or growing by small increments, for decades. Meanwhile, manufacturing productivity -- which is a component of the nonfarm business sector -- has

[PEN-L:9686] FW: BLS Daily Report

1997-04-28 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, APRIL 25, 1997 New claims for unemployment insurance benefits decreased by 8,000 to a seasonally adjusted total of 324,000, according to the Employment and Training Administration of the Department of Labor (Daily Labor Report, page D-1)_The Washington Post

[PEN-L:9685] FW: BLS Daily Report

1997-04-28 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, APRIL 24, 1997 Sixty-nine percent of all industry categories measured by BLS report productivity gains in 1995, the agency announces The report covers about 40 percent -- in employment terms -- of the nonfarm business sector of the economy. In 1995,

[PEN-L:9649] FW: BLS Daily Report

1997-04-24 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, APRIL 22, 1997 RELEASED TODAY: Labor productivity -- as measured by output per hour -- increased from 1994 to 1995 in 69 percent of the industries measured by BLS Industries measured were in manufacturing; transportation, communications, and utilities; trade;

[PEN-L:9621] FW: BLS Daily Report

1997-04-23 Thread Richardson_D
BLS DAILY REPORT, MONDAY, APRIL 21, 1997 The inflation-adjusted median weekly earnings of the nation's 90.7 million full-time wage and salary workers edged up 0.1 percent in the first quarter of 1997, BLS reports (Daily Labor Report, page D-1). Budget negotiations are seriously considering

[PEN-L:9622] FW: BLS Daily Report

1997-04-23 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, APRIL 22, 1997: RELEASED TODAY: The U.S. Import Price Index decreased 1.4 percent in March. The decline followed decreases of 0.8 percent and 0.3 percent in February and January, respectively, and was led by a further sharp drop in petroleum prices. The U.S.

[PEN-L:9555] FW: BLS Daily Report

1997-04-18 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, APRIL 18, 1997 RELEASED TODAY: Median weekly earnings of the nation's 90.7 million full-time wage and salary workers were $504 in the first quarter of 1997. This was 3.1 percent higher than a year earlier, compared with a gain of 3.0 percent in the CPI-U over the

[PEN-L:9554] FW: BLS Daily Report

1997-04-18 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, APRIL 17, 1997 The U.S. labor market in the 21st century will face a growing scarcity of highly skilled workers and a dearth of younger workers to replace the baby boomers who hope to retire before the year 2020, the Hudson Institute predicts in a report released

[PEN-L:9540] FW: BLS Daily Report

1997-04-17 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, APRIL 16, 1997 __The CPI-U edged up a seasonally adjusted 0.1 percent in March, and the core rate rose a moderate 0.2 percent, the Labor Department reports. A sharp 1.7 percent drop in energy prices and flat food costs helped keep down the CPI-U increase in

[PEN-L:9519] FW: BLS Daily Report

1997-04-16 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, APRIL 15, 1997 RELEASED TODAY: CPI -- On a seasonally adjusted basis, the CPI-U rose 0.1 percent in March, following an increase of 0.3 percent in February. The food index, which advanced 0.3 percent in February, was unchanged in March The energy index

[PEN-L:9502] FW: BLS Daily Report

1997-04-15 Thread Richardson_D
BLS DAILY REPORT, MONDAY, APRIL 14, 1997 Producer prices for finished goods dipped a seasonally adjusted 0.1 percent in March, and the core-rate -- minus volatile food and energy components -- rose 0.4 percent, BLS reports. The sharp 3.4 percent decline in energy prices is partly responsible

[PEN-L:9474] FW: BLS Daily Report

1997-04-14 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, APRIL 11, 1997 RELEASED TODAY: The Producer Price Index for Finished Goods declined 0.1 percent in March, seasonally adjusted. This followed decreases of 0.4 percent in February and 0.3 percent in January. Prices received by domestic producers of intermediate

[PEN-L:9447] FW: BLS Daily Report

1997-04-11 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, APRIL 10, 1997 A bipartisan alliance of lawmakers is on the verge of making a new push to consolidate the three major federal statistical agencies, according to statements before a Senate Governmental Affairs subcommittee. Sen. Brownback (R-Kan), chairman of the

[PEN-L:9435] FW: BLS Daily Report

1997-04-10 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, APRIL 9, 1997 Home health care workers face a much higher risk of injuries than nurses, orderlies, and other workers employed in health care facilities, BLS reports. Injured home health care workers also missed more time from work because of their injuries,

[PEN-L:9410] FW: BLS Daily Report

1997-04-09 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, APRIL 8, 1997 By the middle of this year, BLS plans to release the first publications based on its revamped nationwide program of locality pay surveys, the agency said in its spring issue of Compensation and Working Conditions. BLS has named the new program the

[PEN-L:9387] FW: BLS Daily Report

1997-04-08 Thread Richardson_D
BLS DAILY REPORT, MONDAY, APRIL 7, 1997 RELEASED TODAY: "News Advisory -- BLS to Issue Experimental CPI Indexes on April 10" points out that BLS will begin regular publication of an experimental CPI that uses a geometric mean instead of an arithmetic mean formula to calculate price

[PEN-L:9363] FW: BLS Daily Report

1997-04-07 Thread Richardson_D
Note the warning that UP could soon drop below 5%. These people are getting more brazen all the time. -- BLS DAILY REPORT, WEDNESDAY, APRIL 2, 1997 Nonfarm payroll employment rose in 46 states and the District of Columbia in February, with Arizona and Colorado reporting the

[PEN-L:9366] FW: BLS Daily Report

1997-04-07 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, APRIL 3, 1997 Factory orders for manufactured goods advanced for the second month in a row, rising 0.8 percent in February to a record, the Census Bureau reports. Gains were reported for both durable and nondurable goods in February, but increases were at a

[PEN-L:9367] FW: BLS Daily Report

1997-04-07 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, APRIL 4, 1997 RELEASED TODAY: Employment rose, and the unemployment rate was about unchanged at 5.2 percent in March. Nonfarm payroll employment increased by 175,000, and average hourly earnings rose by 5 cents in March New claims filed with state

[PEN-L:9271] Re: FW: BLS Daily Report Consumer Surveys

1997-03-31 Thread Doug Henwood
Laurence Shute wrote: Can anyone tell me why the thin Conference Board consumer survey (5 or 6 questions?) is used so much, instead of the more extensive Michigan survey? As far as I know, they tell almost exactly the same story, though the Conference Board measure may be a bit more volatile.

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