, December 18, 1997 12:13 PM
To: [EMAIL PROTECTED]
Subject:Re: BLS Daily Report
Quoth the BLS:
The string of well-behaved inflation reports continued in November,
with
the CPI-U edging up 0.1 percent, seasonally adjusted, BLS reports. The
CPU rose at just 1.8 percent (seasonally adjusted
Quoth the BLS:
The string of well-behaved inflation reports continued in November, with
the CPI-U edging up 0.1 percent, seasonally adjusted, BLS reports. The
CPU rose at just 1.8 percent (seasonally adjusted annual rate) in the
first 11 months of 1997, compared with a 3.3 percent advance for
BLS DAILY REPORT, WEDNESDAY,. DECEMBER 17, 1997
RELEASED TODAY: A total of 6.2 million injuries and illnesses were
reported in private industry workplaces during 1996, resulting in a rate
of 7.4 cases per 100 equivalent full-time workers, according to a survey
by BLS. Employers reported a 5
BLS DAILY REPORT, TUESDAY, DECEMBER 16, 1997
RELEASED TODAY:
CPI - On a seasonally adjusted basis, the CPI-U rose 0.1 percent in
November, following increases of 0.2 percent in each of the preceding
four months. The food index increased 0.2 percent in November The
energy index, which
BLS DAILY REPORT, FRIDAY, DECEMBER 12, 1997
RELEASED TODAY: The Producer price Index for Finished Goods decreased
0.2 percent in November, seasonally adjusted. This followed a rise of
0.1 percent in October. The index for crude materials rose 1.6 percent
after advancing 4.0 percent in October
BLS DAILY REPORT, WEDNESDAY, DECEMBER 11, 1997:
Today's News Release: "U.S. Import and Export Price Indexes - November
1997" indicates that the U.S. Import Price Index fell 0.3 percent in
November. The decrease was attributable to a turnaround in petroleum
prices, as well as the
BLS DAILY REPORT, WEDNESDAY, DECEMBER 10, 1997:
The country's purchasing executives are optimistic about the economy for
1998, with expectations of higher revenues compared with 1997 and record
bullishness on manufacturing employment for the coming year, the
National Association of Purchasing
BLS DAILY REPORT, TUESDAY, DECEMBER 9, 1997
Labor relations officials participating in the Bureau of National
Affairs' annual survey of employer bargaining objectives express
confidence that they will achieve their goals in contract talks with
union representative in 1998. The survey's findings
BLS DAILY REPORT, MONDAY, DECEMBER 8, 1997:
The economy added 404,000 nonfarm payroll jobs, seasonally adjusted, and
the unemployment rate dipped to 4.6 percent in November. Analysts say
the stronger-than expected employment report indicates the economy is
not slowing as expected
BLS DAILY REPORT, FRIDAY, DECEMBER 5, 1997:
RELEASED TODAY:
EMPLOYMENT SITUATION -- Employment rose sharply in November, and
the unemployment rate was little changed at 4.6 percent. Nonfarm
payroll employment increased by 404,000 with gains widespread
throughout the private sector
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BLS DAILY REPORT, TUESDAY, NOVEMBER 4, 1997
RELEASED TODAY: BLS will hold a series of briefings to inform members
of
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
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
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
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]
a millionaires' club, e.g., Paul Wellstone is the only Senate
member of the Progressive Caucus while there are more than 70 House
members.
Dave
--
BLS DAILY REPORT, WEDNESDAY, OCTOBER 1, 1997
Illustrating the tight labor markets that exist in many parts of the
country, the latest state employment
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
(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
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
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." T
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
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
BLS DAILY REPORT, FRIDAY, AUGUST 23, 1997:
Experimental geometric mean version of the CPI continues to conform to
expectations in its pattern of divergence with the official CPI, rising
by 1.9 percent in the year ending in July. After testing the
experimental measure for the remainder
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
BLS DAILY REPORT, MONDAY, AUGUST 18, 1997:
In a comparison of nine industrial economies, only Germany and Japan had
greater increases in manufacturing productivity than the United States
in 1996, BLS reports. "U.S. productivity growth in 1996 resulted from a
combination of a 2.7 pe
BLS DAILY REPORT, TUESDAY, AUGUST 19, 1997
A tentative agreement was reached late Monday in the 15-day-old strike
by the Teamsters against United Parcel Service, both the company and the
union said. UPS workers could return to their jobs as early as
Wednesday, said a union spokesperson. Voting
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
BLS DAILY REPORT, FRIDAY, AUGUST 15, 1997:
BLS News Release: "International Comparisons of Manufacturing
Productivity and Unit Labor Cost Trends, 1996" indicates that
manufacturing productivity in the United States increased 3.2 percent in
1996, the same rate as in 1995. Of eig
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
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
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
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
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
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
BLS DAILY REPORT, FRIDAY, AUGUST 1, 1997:
BLS estimates that there were 1,056 mass layoffs in May, as measured by
new filings for unemployment insurance benefits during the month. May's
layoffs were slightly less than the revised total of 1,084 recorded in
April (Daily Labor Report, page D-33
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
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
BLS DAILY REPORT, WEDNESDAY, JULY 30, 1997:
RELEASED TODAY: Most state unemployment rates showed little change in
June, as 44 states and the District of Columbia recorded shifts of 0.3
percentage point or less from May. The national jobless rate
increased to 5.0 percent over the month
BLS DAILY REPORT, MONDAY, JULY 28, 1997:
Retirement plans for full-time employees in medium and large
establishments are moving away from defined benefits and toward
defined contributions, BLS reports. In 1995, 80 percent of the
full-time employees of establishments with 100 or more
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
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
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
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
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 D-1
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
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
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
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
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
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
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
The BLS reported,
The Labor Dept. survey of households shows that the average
worker put in 39.2 hours last year, up from 37.7 in 1982. And,
according to polls conducted by Louis Harris Associates, the median
number of hours worked per week in the U.S. has risen steadily from
40.3 in 1973
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
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
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
Does anyone else fine this to be more than a bit off?
At 11:59 AM 6/6/97 -0700, Richardson_D wrote:
BLS DAILY REPORT, THURSDAY, JUNE 5, 1997:
Fueled by the issue of quality changes, the CPI debate rolls on, says
Business Week (June 9, page 68). Among the quotes is one that says a
Boskin
Does anyone else fine this to be more than a bit off?
At 11:59 AM 6/6/97 -0700, Richardson_D wrote:
BLS DAILY REPORT, THURSDAY, JUNE 5, 1997:
Fueled by the issue of quality changes, the CPI debate rolls on, says
Business Week (June 9, page 68). Among the quotes is one that says a
Boskin panel
BLS DAILY REPORT, FRIDAY, JUNE 6, 1997:
RELEASED TODAY: Nonfarm payroll employment rose in May, and
unemployment was about unchanged after falling in April. The number
of payroll jobs rose by 138,000 in May, following an increase of
323,000 in April (as revised). The May gain was below
BLS DAILY REPORT, THURSDAY, JUNE 5, 1997:
There's a continuing debate over whether the rise in global
competition has been good or bad for the average American worker's
wages, but there is little disagreement among economists that it has
been an important force in keeping U.S. inflation low
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
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
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
I have both a procedural and a substantive response to Bill's post. I
also must apologize for the delay in responding -- I only work on this
during the week.
On procedure, the Daily Report is not intended simply as a publication
vehicle for BLS data. It is rather an internal post
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
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
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
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
BLS DAILY REPORT, FRIDAY, MAY 23, 1997:
Analysts at BLS say the latest figurs show no major varieations from
their initial finding that the experimental CPI is rising about 0.25
percentage point less than the official CPI. Patrick Jackman, BLS
economist, said it is too soon to interpret what
BLS DAILY REPORT, THURSDAY, MAY 22, 1997:
Prices of goods imported into the United States declined for the
fourth straight month in April, falling by 0.9 percent on a seasonally
adjusted basis, BLS reported May 21 (Daily Labor Report, page D-8).
Wage data compiled by BNA for the first 20
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
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
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 u
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
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
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
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
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
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
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
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 H
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
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
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