BLS DAILY REPORT, THURSDAY, OCTOBER 30, 1996
RELEASED TODAY: Unemployment rates for most states showed little movement
in September, as 44 states recorded shifts of 0.3 percentage point or less.
The national jobless rate was essentially unchanged at 5.2 percent.
Nonfarm payroll employment
BLS DAILY REPORT, TUESDAY, OCTOBER 29, 1996
RELEASED TODAY: On a seasonally adjusted basis, compensation costs in the
Employment Cost Index for civilian workers (private industry plus state and
local governments) rose 0.6 percent during the June-September 1996 period.
The March-June increase
BLS DAILY REPORT, FRIDAY, OCTOBER 25, 1996
RELEASED TODAY: Based on revised estimates, a total of 4.2 million workers
were displaced between January 1993 and December 1995 from jobs that they
had held for at least three years. The number of displaced workers was
slightly below the level
BLS DAILY REPORT, THURSDAY, OCTOBER 24, 1996
RELEASED TODAY: Median weekly earnings of the nation's 92.7 million
full-time wage and salary workers were $488 in the third quarter of 1996.
This was 1.9 percent higher than a year earlier, compared with a gain of
3.0 percent in the Consumer
>BLS DAILY REPORT, WEDNESDAY, OCTOBER 23, 1996
>
>RELEASED TODAY: In April through June of 1996, there were 1,247 mass layoff
>actions by employers, resulting in the separation of 226,449 workers from
>their jobs. A year earlier, employers reported 1,670 layoff events and
&g
>BLS DAILY REPORT, TUESDAY, OCTOBER 22, 1996
>
>RELEASED TODAY: The U.S. Import Price Index rose 0.8 percent in September.
>The increase, attributable to both rising petroleum and nonpetroleum import
>prices, followed a modest 0.1 percent gain in September. In contrast, the
>
I was particularly impressed with the report (next to last item) that
there are
new job opportunities for the elderly in today*s economy, *especially if
they are willing to start at the bottom.*
Dave
--
>BLS DAILY REPORT, MONDAY, OCTOBER 21, 1996
Federal Reserve Chairman Alan Greens
BLS DAILY REPORT, THURSDAY, OCTOBER 17, 1996
_Rising food and apparel prices pushed the consumer price index for
all urban consumers to a seasonally adjusted 0.3 percent increase in
September, BLS reports. Food prices, which have risen sharply in the
last three months, jumped 0.5 percent in
>BLS DAILY REPORT, WEDNESDAY, OCTOBER 16, 1996
RELEASED TODAY:
CPI -- On a seasonally adjusted basis, the CPI-U rose 0.3 percent
in September, following a 0.1 percent increase in August. The food
index rose 0.5 percent in September, again reflecting sharp increases in
the indexes for me
BLS DAILY REPORT, TUESDAY, OCTOBER 15, 1996
___Moderating food and energy prices kept the producer price index to a
0.2 percent seasonally adjusted increase in September, after bumping up
0.3 percent in August, BLS reports. The so-called core PPI rate --
excluding sometimes volatile food and
BLS DAILY REPORT, THURSDAY, OCTOBER 10, 1996
RELEASED TODAY: Employer costs for employee compensation in the United
States (private industry and state and local governments) averaged
$18.82 per hour worked in March 1996. Straight-time wages and salaries
(71.6 percent of the costs) averaged
BLS DAILY REPORT, WEDNESDAY, OCTOBER 9, 1996
The three major federal economic data agencies face continued
constraints and, in the case of the Census Bureau, deep spending cuts
from what was requested for the new fiscal year. Officials at the three
agencies -- Census, the Bureau of Economic
BLS DAILY REPORT, MONDAY, OCTOBER 7, 1996
_The economy lost a seasonally adjusted 40,000 jobs in September,
with a decline in government employment more than offsetting a 41,000
gain in private payrolls. The unemployment rate edged up a
statistically insignificant 0.1 percentage point to
BLS DAILY REPORT, FRIDAY, OCTOBER 4, 1996
RELEASED TODAY:
EMPLOYMENT SITUATION -- Both unemployment and nonfarm payroll
employment were essentially unchanged in September. The jobless rate
was 5.2 percent in September; it had been 5.1 percent in August.
Payroll employment fell in
BLS DAILY REPORT, THURSDAY, OCTOBER 3, 1996
Construction spending rebounded in August from a July drop as private
builders picked up the slack from a slumping public sector
(Washington Post, page D10)_Construction spending rose
nine-tenths of 1 percent in August. Record outlays for
BLS DAILY REPORT, WEDNESDAY, OCTOBER 2, 1996
RELEASED TODAY: A report representing the first test product of a new
statistical program called COMP2000 has been released by BLS. COMP2000
will ultimately replace three existing BLS programs -- the Occupational
Compensation Survey (OCS), the
BLS DAILY REPORT, TUESDAY, OCTOBER 1, 1996
RELEASED TODAY: Unemployment rates for most states showed little
movement in August, as 43 states and the District of Columbia recorded
shifts of 0.3 percentage point or less. The national unemployment rate
fell 0.3 percentage point to 5.1 percent in
BLS DAILY REPORT, MONDAY, SEPTEMBER 30, 1996
The technical data consensus forecast is for an increase of 160,000 in
payroll employment and a rise to 5.3 percent for the unemployment rate
in September (Wall Street Journal, "Tracking the Economy," page A4).
"Inflation Inflate
Dave Richardson
--
BLS DAILY REPORT, FRIDAY, SEPTEMBER 27, 1996
For the first time in six years, the median income of U.S. households
rose in 1995, the Census Bureau reports in its annual income and poverty
statistics.Rising income helped push down the poverty rate last
year, marking the s
BLS DAILY REPORT, THURSDAY, SEPTEMBER 26, 1996
Average annual pay of U.S. workers rose by 3.4 percent in 1995, ahead of
the 2.2 percent increase of 1994, the Labor Department reports.
Washington, D.C., again led the nation in average annual pay The
mining industry -- comprising less than 1
Hi Eugene --
Thanks for your interest in these posts. The Daily Report is an
internal Bureau of Labor Statistics document. I forward it to
the list because
1. It has a high information content regarding the economy.
2. Sometimes there are references to useful analyses
BLS DAILY REPORT, WEDNESDAY, SEPTEMBER 25, 1996
RELEASED TODAY: The average annual pay of all workers covered by State
and Federal Unemployment Insurance programs was $27,845 in 1995, a 3.4
percent increase over the 1994 national average. The annual pay of
private industry workers, who
Richardson, in sending the useful BLS DAILY REPORT quotes the following:
>
>In the national effort to move millions of welfare recipients into the
>work force over the next few years, the key challenge is not likely to
>be a lack of jobs, says The Washington Post (Sept. 22, page A1
BLS DAILY REPORT, MONDAY, SEPTEMBER 23, 1996
The Washington Post (page 1) reports that the FBI has been called in to
help the Fed investigate the source of a leak that eight of 12 Fed banks
have recommended an increase in a key interest rate, according to
sources familiar with the inquiry. The
BLS DAILY REPORT, FRIDAY, SEPTEMBER 20, 1996
The number of employed young workers grew by 2.6 million in the summer
of 1996, about the same as the year before, according to BLS (Daily
Labor Report, page D-7).
__New claims filed with state agencies for unemployment insurance
benefits
BLS DAILY REPORT, THURSDAY, SEPTEMBER 19, 1996
RELEASED TODAY: The number of employed youth increased by 2.6 million
from April to July -- the traditional summertime peak. This seasonal
expansion in employment of 16- to 24-year-olds was the same as that of a
year earlier. The number of
BLS DAILY REPORT, WEDNESDAY, SEPTEMBER 18, 1996
__Fed officials were astonished yesterday by the apparent leak of one of
its most closely held monetary policy secrets: a recommendation by
eight of the 12 regional Fed banks to raise a key interest rate, says
John M. Berry (page A2, Washington
BLS DAILY REPORT, TUESDAY, SEPTEMBER 17, 1996
BNA's latest quarterly employment survey finds a bright hiring picture
for the autumn months, particularly for technical/professional job
candidates (Daily Labor Report, pages 2,D-1). Projections from 262
respondents show workforce expansion
BLS DAILY REPORT, MONDAY, SEPTEMBER 16, 1996
__Declining energy prices and a widespread moderation in other areas
held the lid on inflation during August, as the CPI-U rose just 0.1
percent seasonally adjusted, says BLS (Daily Labor Report, pages 1,D-4).
Forecasters expect the CPI to stay
BLS DAILY REPORT, THURSDAY, SEPTEMBER 12, 1996
RELEASED TODAY: The Producer Price Index for Finished Goods advanced 0.3
percent in August, seasonally adjusted. For July, the index registered no
change, which followed a 0.2 percent increase in June. Prices received by
domestic producers of
BLS DAILY REPORT, COMBINED FOR MON., SEPT. 9, AND TUES., SEPT. 10, 1996
RELEASED TODAY: The revised seasonally-adjusted annual rates of
productivity change for the second quarter of 1996 were 1.1 percent in the
business sector and 0.5 percent in the nonfarm business sector. In both
sectors
BLS DAILY REPORT, FRIDAY, SEPTEMBER 6, 1996
RELEASED TODAY:
EMPLOYMENT SITUATION -- Unemployment declined in August, and nonfarm
payroll employment continued to increase. The nation's jobless rate fell
from 5.4 to 5.1 percent. The number of jobs on nonfarm payrolls rose by
250,0
BLS DAILY REPORT, THURSDAY, SEPTEMBER 5, 1996
The New York Times (Robert D. Hershey Jr., page D1) says that, so far, the
tightening labor market has generated only scattered -- and in most cases
modest -- pay increases. Most companies, unable to pass on higher costs by
raising prices because
Hi --
I'm BCK! Some time in the next few days I plan to prepare a digest of
these for the time I was on vacation.
Dave Richardson
--
BLS DAILY REPORT, THURSDAY, AUGUST 29, 1996
RELEASED TODAY: "Monthly Labor Review Explores Computers and Employment"
report
I lied. This one is REALLY the last until Sept.
Dave
--
BLS DAILY REPORT, WEDNESDAY, AUGUST 14, 1996:
TODAY's BLS NEWS RELEASE: "Productivity and Costs, Second Quarter 1996"
reports that the preliminary seasonal adjusted annual rates of productivity
change in the seco
This will be the last forward this month. It is VACATION TIME!
Dave Richardson
--
BLS DAILY REPORT, TUESDAY, AUGUST 13, 1996
RELEASED TODAY:
CONSUMER PRICE INDEX -- On a seasonally adjusted basis, the Consumer
Price Index for All Urban Consumers rose 0.3 percent in July
BLS DAILY REPORT, MONDAY, AUGUST 12, 1996
_The producer price index for finished goods was flat in July, on a
seasonally adjusted basis, BLS reports. The July PPI is another sign
commodity inflation will remain well in control at least for the near
future, analysts say. Prices edged up
BLS DAILY REPORT, FRIDAY, AUGUST 9, 1996:
Today's BLS News Release: "Producer Price Indexes -- July 1996" says that
the Producer Price Index for Finished Goods remained unchanged in July,
seasonally adjusted. This followed an increase of 0.2 percent in June and a
0.1 percent
BLS DAILY REPORT, THURSDAY, AUGUST 8, 1996:
BLS News Release: "National Census of Fatal Occupational Injuries, 1995",
says that after increasing in 1993 and 1994, the number of fatal work
injuries fell 6 percent in 1995 to a total of 6,210, according to the Census
of Fatal Oc
BLS DAILY REPORT, Wednesday, AUGUST 7, 1996:
Only truck drivers and common laborers suffer more on-the-job injuries than
nursing home workers do, says The New York Times (page D1). That is why
OSHA, entering a widening rift between nursing homes and their workers, will
announce this week a
BLS DAILY REPORT, TUESDAY, AUGUST 6, 1996:
Employers' health insurance costs have been growing at a slower rate since
1989 and particularly after 1995, according to a new Labor Department report
(Daily Labor Report, page A-16). The Employment Cost Index of July 30
showed a 0.1 percent
BLS DAILY REPORT, MONDAY, AUGUST 5, 1996:
Job growth slows a little in July from the vigorous pace of 1996's second
quarter to what analysts say are more sustainable levels (Daily Labor
Report, page D-1, E-1). The unemployment rate edged up to 5.4 percent in
July and average hourly ear
Does anyone know if I can ever subscribe to any of the distribution list
(if any) from the BLS directly?
Thanks!
>--
>Sent: Monday, August 05, 1996 9:52 AM
>Subject: [PEN-L:5543] FW: BLS Daily Report
>
>
>BLS DAILY REPORT, FRIDAY, AUGUST 2, 1996
>
>REL
BLS DAILY REPORT, FRIDAY, AUGUST 2, 1996
RELEASED TODAY:
EMPLOYMENT SITUATION -- Nonfarm payroll employment increased in July, and
the unemployment rate was essentially unchanged at 5.4 percent. The number
of payroll jobs rose by 193,000 over the month, led by a gain in the retail
trade
BLS DAILY REPORT, THURSDAY, AUGUST 1, 1996
TODAY'S BLS NEWS RELEASE: "The Focus is on the Producer Price Index in July
Monthly Labor Review" that points out that BLS continues to analyze Producer
Price Index trends and to search for better weighting, indexing, and
measu
BLS DAILY REPORT, WEDNESDAY, JULY 31, 1996
RELEASED TODAY: Unemployment rates in most states were little changed in
June. Forty-three states recorded changes of 0.3 percentage point or less.
The national jobless rate dropped to 5.3 percent in June from 5.6 percent
in May. Nonfarm payroll
BLS DAILY REPORT, FRIDAY, JULY 26, 1996
RELEASED TODAY: In January through March of 1996, there were 1,280 mass
layoff actions, resulting in the separation of 232,713 workers from their
jobs. "Seasonal work" was the major reason cited for these first-quarter
layoffs and accounted fo
BLS DAILY REPORT, TUESDAY, JULY 23, 1996
RELEASED TODAY: The U.S. Import Price Index fell 1.2 percent in June. The
decrease, which followed a 0.6 percent decline in May, was again paced by
falling petroleum prices. The U.S. Export Price Index also fell in June,
declining 0.1 percent after
BLS DAILY REPORT, MONDAY, JULY 22, 1996
Two-thirds of the jobs created in the 1993-2005 period will likely be
concentrated in service industries, according to a report in the June 1996
issue of the Monthly Labor Review (Daily Labor Report, pages 2,A-6). The
article finds that service
BLS DAILY REPORT, FRIDAY, JULY 19, 1996
The median real weekly earnings of the country's 91 million full-time wage
and salary workers dipped slightly in the second quarter of 1996, compared
with 1995's second quarter, BLS says (Daily Labor Report, page D-14).
Economic activity is
BLS DAILY REPORT, THURSDAY, JULY 18, 1996
RELEASED TODAY: Median weekly earnings of the nation's 91.0 million
full-time wage and salary workers were $486 in the second quarter of 1996.
This figure was 2.3 percent higher than in the second quarter of 1995; the
CPI-U rose by 2.9 percent
BLS DAILY REPORT, WEDNESDAY, JULY 17, 1996
RELEASED TODAY: U.S. manufacturing productivity increased 3.4 percent in
1995. Among the eight foreign economies for which data are available, only
Italy and Japan had higher rates of productivity growth than the United
States, although several
BLS DAILY REPORT, TUESDAY, JULY 16, 1996
RELEASED TODAY: On a seasonally adjusted basis, the CPI rose 0.1 percent in
June, its smallest advance since a similar increase last November. The
energy index, which had risen 9.4 percent in the six-month period ended in
May after declining
pt. CPI up 0.1%. Dave R.
--
BLS DAILY REPORT, MONDAY, JULY 15, 1996
_Producer prices for finished goods increased a seasonally adjusted 0.2
percent in June, somewhat stronger than analysts had expected, BLS data show
Economists say the report does not signal an
BLS DAILY REPORT, FRIDAY, JULY 12, 1996
RELEASED TODAY: The Producer Price Index for Finished Goods increased 0.2
percent in June, seasonally adjusted. This followed a decrease of 0.1
percent in May and a 0.4 percent rise in April Among finished goods in
June, the index for finished
BLS DAILY REPORT, THURSDAY, JULY 11, 1996
The House of Representatives is slated to vote today on legislation that
would forbid OSHA to issue standards or guidelines on the illness known as
repetitive stress injury, or even to collect data on RSI, which has become
the fastest-growing health
BLS DAILY REPORT, WEDNESDAY, JULY 10, 1996
A chart showing changes in the minimum wage, actual and adjusted for
inflation, and attributed to BLS accompanies an article on Senate passage of
a minimum wage raise (New York Times, page A1).
Growth in the manufacturing sector moderated in the
BLS DAILY REPORT, TUESDAY, JULY 9, 1996
Job cuts announced in the first six months of 1996 were 28 percent higher
than in the same period of 1995, according to the Challenger Employment
Report In addition, the report said the layoff announcements in the
first half of 1996 were 6 percent
BLS DAILY REPORT, MONDAY, JULY 8, 1996
_In a stronger-than-expected June employment report, the unemployment
rate dipped to 5.3 percent, and nonfarm payrolls expanded by 239,000, BLS
says. The report prompts fears of inflation and higher interest rates. The
unemployment rate had stayed
DAILY REPORT, FRIDAY, JUNE 5, 1996
RELEASED TODAY:
EMPLOYMENT SITUATION -- Nonfarm payroll employment increased in June,
and the unemployment rate decreased to 5.3 percent. The number of payroll
jobs rose by 239,000 over the month, led by gains in the services and retail
trade
BLS DAILY REPORT, WEDNESDAY, JULY 3, 1996
Nonfarm payroll employment increased in 43 states in May, with West Virginia
reporting the largest percentage gain at 1.7 percent, BLS reported
(Daily Labor Report, page D-2).
In an address to the National Press Club, Labor Secretary Reich
BLS DAILY REPORT, TUESDAY, JULY 2, 1996
RELEASED TODAY: Most state unemployment rates showed little change in May,
as 40 states recorded changes of 0.3 percentage point or less. The national
unemployment rate returned to its March level of 5.6 percent. Nonfarm
payroll employment rose in
BLS DAILY REPORT, MONDAY, JULY 1, 1996:
The Wall Street Journal's "The Outlook" column by Alan Murray (page 1) says
that "at this weekend's economic summit in France, President Clinton touted
an economy that is as sound as it has been for a generation. Unemploy
BLS DAILY REPORT, TUESDAY, MAY 21, 1996
RELEASED TODAY: Each summer, large numbers of students enter the labor
market in search of temporary jobs and many graduates of high schools and
colleges obtain or look for their first permanent jobs. This summer, the
16- to 24-year-old labor force is
Once again the boogies, her unnamed "labor analysts," see rising wages as a
BAD.
Dave Richardson
------
DAILY REPORT, MONDAY, MAY 20, 1996
Labor markets in nearly all regions of the United States are expected to
experience steady but slower job growth and m
BLS DAILY REPORT, FRIDAY, MAY 17, 1996
_The productivity of U.S. workers in the private nonfarm economy rose at
a 2.6 percent seasonally adjusted annual rate during the first quarter of
1996, and manufacturing productivity jumped 6.3 percent, BLS reports (Daily
Labor Report, page D-7
BLS DAILY REPORT, THURSDAY, MAY l6, l996:
RELEASED TODAY; "Productivity and Costs, First Quarter l996" which reports
preliminary productivity data -- as measured by output per hour of all
persons -- for the first quarter of l996. The seasonally-adjusted annual
rates of productiv
WRT Mitsubishi, the last item, I am surprised that I have heard no talk
here. While there may be no (or minimal) intellectual issues involved, this
is an *issue* about which much could be made to our benefit.
Dave Richardson
--
BLS DAILY REPORT, WEDNESDAY, MAY 15, 1996
BLS DAILY REPORT, TUESDAY, MAY 14, 1996
RELEASED TODAY:
CONSUMER PRICE INDEX -- On a seasonally adjusted basis, the CPI-U rose
0.4 percent in April, the same as in March. The energy index registered its
fifth consecutive increase -- up 3.2 percent in April -- after declining
throughout
BLS DAILY REPORT, MONDAY, MAY 13, 1996
_On Friday, investors and traders braced for a report on April's
producer prices for finished goods. Many analysts feared it would show that
soaring energy and grain prices were beginning to affect the costs of other
goods. Instead, the
BLS DAILY REPORT, FRIDAY, MAY 10, 1996
RELEASED TODAY: The Producer Price Index for Finished Goods increased 0.4
percent in April, seasonally adjusted The rise was led by an increase in
prices for energy goods. The index for finished goods other than foods and
energy moved up 0.1
BLS DAILY REPORT, THURSDAY, MAY 9, 1996
RELEASED TODAY: In October through December of 1995, there were 1,544 mass
layoff actions, resulting in the separation of 270,598 workers from their
jobs. "Seasonal work" was the major reason cited for these fourth-quarter
layoffs and accounte
> Mike Meeropol wrote:
> >
> > If the value of compensation is the market price of the services provided --
> > for example, health insurance -- then this clearly overstates the increase
> > in income.
If you assume the worker effectively 'chooses' the division of his total compensation
between
BLS DAILY REPORT, WEDNESDAY, MAY 8, 1996
RELEASED TODAY: Over the past three years, there were notable reductions in
the incidence of injuries and illnesses resulting in workdays lost due to
overexertion, bodily reaction, and being struck by or striking against an
object. Between 1993 and
Mike Meeropol wrote:
>
>
> If the value of compensation is the market price of the services provided --
> for example, health insurance -- then this clearly overstates the increase
> in income. The "contribution" of employers to employee health insurance
> premiums have gone WAY UP, much faster
BLS DAILY REPORT, TUESDAY, MAY 7, 1996
"As Moonlighting Spreads, It Loses Its Blue-Collar Hue" was an article in
Sunday's New York Times (page F11) Moonlighters are becoming more
numerous as companies restructure and the job market becomes more
fragmented. According to
Richardson_D wrote:
>
> "For Richer, For Poorer: An Election-Year Primer" was an article in
> Sunday's Washington Post (page H1) by Steven Pearlstein. Pearlstein says
> that, depending on which set of statistics you believe, Americans' income
> has either been largely stagnant for two decades o
BLS DAILY REPORT, MONDAY, MAY 6, 1996
_The unemployment rate dipped to 5.4 percent in April from 5.6 percent
in March, but, simultaneously, the economy appears to have put the brakes on
job creation, BLS reports. Although the economy created only 2,000 new jobs
in April, the
The Uchitelle New York Times article (4th from the last) is intriguing in
terms of the big business viewpoint
Dave Richardson
---
BLS DAILY REPORT, FRIDAY, MAY 3, 1996
RELEASED TODAY:
EMPLOYMENT SITUATION -- Unemployment edged
BLS DAILY REPORT, THURSDAY, MAY 2, 1996
Payrolls of nonfarm businesses expanded in 45 states during March, with
California showing the largest gain in sheer numbers of new jobs over the
last year, according to data released by BLS (Daily Labor Report, page
D-1).
The manufacturing sector
BLS DAILY REPORT, TUESDAY, APRIL 30, 1996
RELEASED TODAY: On a seasonally adjusted basis, the Employment Cost Index
rose 0.7 percent in the December-March period, compared with 0.8 percent in
the September-December period. ECI wages and salaries rose 1.0 percent in
the December-March period
BLS DAILY REPORT, WEDNESDAY, APRIL 24, 1996
_Sharply higher petroleum prices boosted prices of goods imported into
the United States by 0.5 percent during March, while export prices edged
down 0.1 percent, BLS reports. It was the largest monthly rise in import
prices since May 1995, when
Dave Richardson posted the following bit:
Among the books reviewed by Business Week (April 22, page l5) is "The Case
Against Immigration" by Roy Beck, Washington editor of "The Social
Contract", a quarterly that deals with immigration issues. Aaron
Bernstein's review (Bernstein covers workplace
BLS DAILY REPORT, TUESDAY, APRIL 23, l996:
The Council of Economic Advisers will report today that more than two-thirds
of the new jobs created in the U.S. in l994 and l995 paid better than the
average job, Administration officials said (The New York Times, page Dl).
Despite waves of
the bias argument cuts both ways.
Oh well, since I have gotten into it this much, perhaps I can look up the
WW2 material. Perhaps in the next week.
Dave Richardson
--
From: pen-l
Subject: [PEN-L:3895] Re: FW: Daily Report
Date: Monday, April 22, 1996 9:11AM
RE:
> The last item
so I would be
very interested in accessing it.
Dave Richardson
--
From: pen-l
Subject: [PEN-L:3891] Re: FW: Daily Report
Date: Monday, April 22, 1996 8:24AM
>
>
> The last item (on NAM) states that if the overestimation of the CPI is
taken
> into account, real wages are up s
RE:
> The last item (on NAM) states that if the overestimation of the CPI is taken
> into account, real wages are up since the 70's. Although I don't usually
> publicize this, it is correct, and word seems to be getting out.
It would take a lot of work to convince me of this.
Accordi
>
>
> The last item (on NAM) states that if the overestimation of the CPI is taken
> into account, real wages are up since the 70's. Although I don't usually
> tell publicize this, it is correct, and word seems to be getting out.
> Nonetheless, assuming that they are right and that there ha
been a 15%
increase since 1979, this is fairly poor in a country that had been
expecting a doubling of real wages every generation or so. It is just that
this isn't as easy a rhetorical point to make, especially in the U.S. sound
bite political style.
Dave Richardson
--
BLS DAILY
BLS DAILY REPORT, THURSDAY, APRIL 18, 1996
Federal Reserve Board Governor Lawrence Lindsey said that he believes the
U.S. economy is in "reasonably good shape, given that it has just began the
sixth year of expansion, according to the Daily Labor Report (page A-17)
Lindsey tol
BLS DAILY REPORT, WEDNESDAY, APRIL 17, 1996
RELEASED TODAY: As the national unemployment rate declined from 6.1 to 5.6
percent, 42 states also recorded lower annual average jobless rates in 1995
than in the prior year. Only three states and the District of Columbia had
higher rates, while
BLS DAILY REPORT, TUESDAY, APRIL 16, 1996
"Downsizing results" is the subject of the page 1B graph in USA Today,
According to the legend, an increasing number of human resource directors
and vice presidents say their companies are understaffed to the point that
morale and busine
BLS DAILY REPORT, MONDAY, APRIL 15, 1996
_Sharply rising energy and food costs helped push up consumer prices a
seasonally adjusted 0.4 percent in March, BLS reports. Many analysts had
expected a smaller increase in the CPI. They also believed the core rate --
excluding volatile food
BLS DAILY REPORT, FRIDAY, APRIL 12, 1996
RELEASED TODAY
CONSUMER PRICE INDEX -- On a seasonally adjusted basis, the CPI-U rose
0.4 percent in March, following increases of 0.4 and 0.2 percent in the
first two months of 1996. Each of the three groups -- food, energy, and all
items less
BLS DAILY REPORT, THURSDAY, AUGUST 11, 1996
RELEASED TODAY: The Producer Price Index for Finished Goods advanced 0.5
percent in March, seasonally adjusted. This followed a 0.2 percent decline
in February and a rise of 0.3 percent in January. Prices received by
domestic producers of
BLS DAILY REPORT, TUESDAY, APRIL 9, l996:
A letter to the editor on the CPI "formula-bias" problem signed by
Commissioner of Labor Statistics Katherine G, Abraham is carried in today's
Wall Street Journal (page Al9). Says the letter: "Your April l article
about the BLS
BLS DAILY REPORT, MONDAY, APRIL 8, 1996
Nonfarm payrolls added a larger-than-expected 140,000 jobs, seasonally
adjusted, in March and the unemployment rate stayed virtually steady, BLS
reports, prompting some analysts to pronounce the economy back on the track
of sustainable growth. The
GIGO. Maybe the BLS should be properly funded so it can survey a larger
sample and get their margin of error down. I welcome comments on that
remark.
Nancy Breen
NIH
--
From: pen-l
Subject: [PEN-L:3359] FW: BLS Daily Report
Date: Thursday, March 14, 1996 6:39AM
BLS DAILY REPORT
BLS DAILY REPORT, WEDNESDAY, MARCH 13, 1996
"Missing: 3.1 Million Jobs" is the lead editorial in the Wall Street
Journal, which revisits the "fateful payroll survey numbers that set off
Friday's 171-point rout" At issue is the payroll survey's seasonall
What I get from the information below is that the number was right (OK,
perhaps there was a positive disturbance since it was so large) but that the
Wall Street interpretation was wrong.
Dave Richardson
--
BLS DAILY REPORT, TUESDAY, MARCH 12, 1996
USA Today on page 1B, "Econo
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