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                BLS DAILY REPORT, MONDAY, JUNE 22, 1998:

                Regional and state unemployment rates virtually were
unchanged in May, and they continue to match the low rates set earlier
in the year, BLS reports (Daily Labor Report, page D-1).

                While the national inflation rate stays persistently
low, reminiscent of the 1950's and 60's, prices have been rising
noticeably in recent months for a variety of everyday items - from the
fast-food hamburgers to auto maintenance to dental care.  (New York
Times, Monday, June 22, A1) The increases have been sharp enough in some
cases not only to catch people's attention but to provoke their
annoyance.  But what softens the blow are the prices that are not
rising.  Most of the essentials - food, gasoline, cars, furniture,
appliances, most apparel - are holding steady in price or becoming
cheaper.  That is why the CPI, which is the average of the prices of
thousands of goods and services, has risen by only 1.7 percent over the
last year.  "The price increases in services have certainly outpaced
those for products and commodities in the Consumer Price Index," said
Patrick Jackman, at BLS.  The percentage changes for the year ended in
May for commodities and manufactured goods (up 0.1 percent) and services
(up 2.8 percent) and in some of their components are shown in graph
form. (page A15)  Source of the data cited is BLS. 

                In 1993, college-educated women between 25 and 34 earned
83 percent of what men earned, compared to 74 percent for women aged 35
to 44 and 65 percent for those between 45 and 64.  And in growing
numbers of occupations, such as the fast growing computer field, women
have already achieved virtual equality.  Indeed, a significant
percentage of working married women now earn more than their husbands.
(figures cited in a column on working women by Bruce Bartlett, page A14,
The Washington Times).  

                Teenagers in the U.S. find job hunting easy this summer,
says Robert D. Hershey, Jr., in a page 1 article in The New York Times
(June 21).  Writing in South Carolina, Hershey says the benefits of
America's lowest unemployment rate in 3 decades are unmistakable there.
Heavy doses of foreign investment have helped drive the statewide
jobless rate down to 2.5 percent this spring from 4.4 percent a year
earlier.  But the experience of South Carolina's young job seekers is
not replicated everywhere.  In New York City, for example, finding a
summer job remains a challenge. BLS job data are cited.

                Finding a summer job is far harder for teenagers in New
York City than it is for their peers in most of the nation for reasons
ranging from a shortage of lawns to mow to competition from recent
immigrants.  But economists say the city's summer job market seems to be
the best in years. "Retail activity has been one of the biggest growth
areas, and it is a sector that tends to hire kids over the summer," said
John L. Weiting, regional commission of BLS. He said the growth in
retail sales had combined with a strong surge in adult employment -
83,000 jobs were created in the city during the 12 months that ended in
May - to create "the backdrop for a greatly improved summer jobs market.
(New York Times, June 21, page A22).

                 "The Long-Term Consequences of Nontraditional
Employment" by Marianne A. Ferber, professor of economics, University of
Illinois, Champaign-Urbana, Illinois and Jane Waldfogel, assistant
professor of social work and public affairs, School of Social Work,
Columbia University, New York, New York and published in the May Monthly
Labor Review is reprinted in the Daily Labor Report (page E-6).
Earnings of men who once worked in temporary jobs tended to be lower
than that of other men, while women did not appear to suffer this wage
deficit, according to this article.  The authors find that former
part-time work had little effect on either wages or benefits among man.
Women who once worked in temporary or part-time jobs actually had higher
than average wages and nearly average benefits


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