[PEN-L:9269] Re: FW: BLS Daily Report Consumer Surveys

1997-03-31 Thread Laurence Shute
Pen-L, 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? Larry Shute Consumer confidence remained strong in March, edging down 0.4 percentage point, the Conference Board reports Consumers are

[PEN-L:9220] Re: FW: BLS Daily Report

1997-03-28 Thread Richardson_D
/news.release/oshnews.htm. Dave Richardson BLS -- Sent: Wednesday, March 26, 1997 6:07 PM Subject: [PEN-L:9179] Re: FW: BLS Daily Report Very interesting. Does this mean that more manufacturing jobs are going abroad and that service jobs are safer than manufacturing

[PEN-L:9216] FW: BLS Daily Report

1997-03-28 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, MARCH 27, 1997 Wage data compiled in the first 12 weeks of 1997 show a median first-year wage increase of 3 percent an hour. In manufacturing agreements, the year-to-date median wage increase is 3 percent an hour, and, in nonmanufacturing settlements

[PEN-L:9191] FW: BLS Daily Report

1997-03-27 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, MARCH 26, 1997 Even as members of Congress travel to home districts and elsewhere on their spring recess, officials of the AFL-CIO and a major retiree group say they remain vigilant in their drive to make sure that lawmakers do not change cost-of-living

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

1997-03-26 Thread Michael Perelman
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 Workplace injuries fell in 1995 to their

[PEN-L:9156] FW: BLS Daily Report

1997-03-26 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MARCH 25, 1997 Workplace injuries fell in 1995 to their lowest rate in nearly a decade, says BLS, according to an item in The Wall Street Journal's "Work Week" column (page A1). A total of 6.6 million injuries and illnesses were reported that year, the latest

[PEN-L:9122] FW: BLS Daily Report

1997-03-25 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, MARCH 21, 1997 RELEASED TODAY: The U.S. Import Price Index decreased 0.7 percent in February. The decline followed a 0.2 percent decrease in January and was attributable to a sharp drop in petroleum prices. The U.S. Export Price Index edged up 0.1 percent in

[PEN-L:9032] FW: BLS Daily Report

1997-03-20 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, MARCH 19, 1997 RELEASED TODAY: CPI -- On a seasonally adjusted basis, the CPI-U rose 0.3 percent in February, following an increase of 0.1 percent in January. The food index, which declined 0.3 percent in January, advanced 0.3 percent in February The

[PEN-L:9031] FW: BLS Daily Report

1997-03-20 Thread Richardson_D
BLS DAILY REPORT, MONDAY, MARCH 17, 1997 Producer prices for finished goods posted their largest drop in 2-1/2 years in February, BLS reported, but that was apparently not enough to allay many investor's worries that the Federal Reserve may raise interest rates to keep inflation in check

[PEN-L:9009] FW: BLS Daily Report

1997-03-19 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MARCH 18, 1997 RELEASED TODAY: All four of the regions in the U.S. and seven of the nine divisions experienced small declines in their unemployment rates from 1995 to 1996 as the national rate edged down from 5.6 to 5.4 percent (annual averages). The states were

[PEN-L:8969] FW: BLS Daily Report

1997-03-17 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, MARCH 12, 1997 RELEASED TODAY: The incidence of nonfatal work-related injuries and illnesses fell in 1995 to the lowest rate in nearly a decade. A total of 6.6 million injuries and illnesses were reported during 1995, resulting in a rate of 8.1 cases for every

[PEN-L:8970] FW: BLS Daily Report

1997-03-17 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, MARCH 13, 1997 RELEASED TODAY: Unemployment rates for most states showed little movement in January, as 32 states reported changes of 0.3 percentage point or less in either direction from December. The national jobless rate was essentially unchanged at 5.4

[PEN-L:8972] FW: BLS Daily Report

1997-03-17 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, MARCH 14, 1997 RELEASED TODAY: The Producer Price Index for Finished Goods declined 0.4 percent in February, seasonally adjusted. This followed a decrease of 0.3 percent in January and an increase of 0.6 percent in December. Prices received by producers of

[PEN-L:8884] FW: BLS Daily Report

1997-03-12 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MARCH 11, 1997 RELEASED TODAY: Revised fourth-quarter seasonally adjusted annual rates of productivity change -- as measured by output per hour of all persons -- and revised annual changes for the full year 1996 were released. In the fourth quarter, productivity

[PEN-L:8872] FW: BLS Daily Report

1997-03-11 Thread Richardson_D
BLS DAILY REPORT, MONDAY, MARCH 10, 1997 __Seasonal variations helped push up nonfarm payroll employment growth to a stronger-than-expected seasonally adjusted 339,000 in February, as the unemployment rate edged down to 5.3 percent, BLS reports. Job growth in February was the strongest

[PEN-L:8865] Re: FW: BLS Daily Report

1997-03-10 Thread Richardson_D
the desensitization approaches 100% -- I do not remember reading the lines you quoted. Dave -- Sent: Monday, March 10, 1997 1:10 PM Subject:[PEN-L:8862] Re: FW: BLS Daily Report At 9:03 AM -0800 3/10/97, Richardson_D wrote: Recent changes to the home page -- /http:www.dol.gov

[PEN-L:8862] Re: FW: BLS Daily Report

1997-03-10 Thread Doug Henwood
At 9:03 AM -0800 3/10/97, Richardson_D wrote: Recent changes to the home page -- /http:www.dol.gov/ -- include addition of two new "hot buttons," one for teen safety, the other for the Family and Medical Leave Act (Daily Labor Report, page A-10). Isn't that just so revoltingly Clinton?

[PEN-L:8860] FW: BLS Daily Report

1997-03-10 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, MARCH 5, 1997 The Bureau of Labor Statistics will likely begin publishing an experimental cost-of-living measure as an alternative to the CPI before April 15, says BLS economist Patrick Jackman at a National Association of Business Economists' seminar. Jackman,

[PEN-L:8866] FW: BLS Daily Report

1997-03-10 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, MARCH 7, 1997 RELEASED TODAY: EMPLOYMENT SITUATION -- Nonfarm payroll employment rose, and the unemployment rate was about unchanged at 5.3 percent in February. The number of payroll jobs increased by 339,000 over the month; construction employment rose

[PEN-L:8861] FW: BLS Daily Report

1997-03-10 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, MARCH 6, 1997 White House and congressional officials are getting flak from party colleagues for supporting the idea of an independent commission to revise the government's inflation index, slowing the momentum for the proposal Part of the difficulty is

[PEN-L:8835] FW: BLS Daily Report

1997-03-05 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MARCH 4, 1997 __The National Association of Purchasing Management reports that growth in the manufacturing sector was buoyed in February by gains in new orders and production, and prices paid for raw materials jumped for the third month in a row On the

[PEN-L:8810] FW: BLS Daily Report

1997-03-03 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, FEBRUARY 26, 1997 RELEASED TODAY: In November 1996, there were 1,355 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

[PEN-L:8769] FW: BLS Daily Report

1997-02-26 Thread Richardson_D
The NABE proposal to combine the statistical agencies is a good one. Unfortunately, it has been proposed by more important people in the past and gone nowhere. Dave -- BLS DAILY REPORT, TUESDAY, FEBRUARY 25, 1997 RELEASED TODAY: The U.S. Import Price Index decreased 0.3 percent in

[PEN-L:8764] FW: BLS Daily Report

1997-02-25 Thread Richardson_D
BLS DAILY REPORT, MONDAY, FEBRUARY 24, 1997 __A Manpower Inc. survey of 16,000 businesses indicates improved employment opportunities in the spring. The survey found that 28 percent of businesses expect to hire new workers in the second quarter of 1997, while only 6 percent expect to cut

[PEN-L:8763] FW: BLS Daily Report

1997-02-25 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, FEBRUARY 21, 1997 New claims for unemployment insurance benefits increased by 1,000 to a seasonally adjusted total of 309,000 during the week ended Feb. 15, ETA reports (Daily Labor Report, page D-5)_Jobless claims edged up last week, while the four-week

[PEN-L:8744] FW: BLS Daily Report

1997-02-24 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, FEBRUARY 20, 1997 __Despite a continued rise in energy costs, the CPI-U edged up just 0.1 percent in January, BLS reports. Falling food prices and a decline in the transportation index helped buffer the impact of a 0.8 percent advance in energy costs (Daniel

[PEN-L:8734] FW: BLS Daily Report

1997-02-20 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, FEBRUARY 19, 1997 RELEASED TODAY: CPI -- On a seasonally adjusted basis, the CPI-U rose 0.1 percent in January, following an increase of 0.3 percent in December. The food index ... declined 0.3 percent in January The energy index increased for the fifth

[PEN-L:8711] FW: BLS Daily Report

1997-02-19 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, FEBRUARY 18, 1996: __Prices received by producers of finished goods declined 0.3 percent in January, reflecting decreases in food and energy products, BLS reports. the O.3 percent seasonally adjusted drop in the Producer Price Index for Finished Goods is the first

[PEN-L:8645] Re: FW: BLS Daily Report

1997-02-16 Thread Michael Perelman
Wow! All you need to to do increase productivity is to contract out. You can have the same sales for fewer employees. People pay for this sort of advise! Proof of rising U.S. productivity -- Want more evidence that U.S. productivity gains are badly understated? Than look at the growth

[PEN-L:8647] Re: FW: BLS Daily Report

1997-02-16 Thread Doug Henwood
At 5:57 PM -0800 2/16/97, Michael Perelman wrote: Wow! All you need to to do increase productivity is to contract out. You can have the same sales for fewer employees. People pay for this sort of advise! Proof of rising U.S. productivity -- Want more evidence that U.S. productivity gains

[PEN-L:8642] FW: BLS Daily Report

1997-02-16 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, FEBRUARY 14, 1997 RELEASED TODAY: The Producer Price Index for Finished Goods declined 0.3 percent in January, seasonally adjusted. This followed increases of 0.6 percent in December and 0.2 percent in November The index for energy goods turned down after

[PEN-L:8610] FW: BLS Daily Report

1997-02-14 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, FEBRUARY 13, 1997 RELEASED TODAY: In October 1996, there were 1,262 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

[PEN-L:8596] FW: BLS Daily Report

1997-02-13 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, FEBRUARY 12, 1997 RELEASED TODAY: The number of major work stoppages rose in 1996, after dropping to a record low in 1995. The number of workers idled by stoppages also increased. Both of these work stoppage measures still were low by historical standards. The

[PEN-L:8591] FW: BLS Daily Report

1997-02-13 Thread Richardson_D
See Item #1. It is my impression that productivity is strongly procyclical, and thus an unreliable measure, at least in many of the purposes for which it is used. Does anyone have specific information on this? Dave -- BLS DAILY REPORT, TUESDAY, FEBRUARY 11, 1997 RELEASED TODAY:

[PEN-L:8582] FW: BLS Daily Report

1997-02-12 Thread Richardson_D
The first item, on unemployment and the size of the labor force, is very interesting. There is now a higher labor force participation rate than at any time since the series was begun in 1943! Now I do not have memories of 1943 (I hate to say it but it is the year I was born.) It is my

[PEN-L:8532] FW: BLS Daily Report

1997-02-10 Thread Richardson_D
BLS DAILY LABOR REPORT, FRIDAY, FEBRUARY 7, 1997 RELEASED TODAY: EMPLOYMENT SITUATION -- Employment rose in January, and the unemployment rate was essentially unchanged at 5.4 percent. The number of nonfarm payroll jobs rose by 271,000 in January, after seasonal adjustment. Total

[PEN-L:8494] FW: BLS Daily Report

1997-02-07 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, FEBRUARY 6, 1997 RELEASED TODAY: In July through September of 1996, there were 947 mass layoff events lasting more than 30 days, resulting in the separation of 198,398 workers from their jobs. A year earlier, employers reported that they had laid off 173,827

[PEN-L:8482] Re: FW: BLS Daily Report

1997-02-06 Thread Doug Henwood
At 7:30 AM -0800 2/6/97, Richardson_D wrote: Women, meanwhile, have been increasing their workforce participation, and their real wages have been climbing. And they now dominate voter turnout on Election Day And all I can say, having scrutinized far too many exit polls for my mental health, is

[PEN-L:8480] FW: BLS Daily Report

1997-02-06 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, FEBRUARY 5, 1997 RELEASED TODAY: Unemployment rates for most states showed little movement in December, as 43 states recorded shifts of 0.3 percentage point or less. The national jobless rate was unchanged from November at 5.3 percent. Nonfarm payroll

[PEN-L:8446] FW: BLS Daily Report

1997-02-04 Thread Richardson_D
BLS DAILY REPORT, MONDAY, FEBRUARY 3, 1997 __Fueled by exports and consumer spending, real gross domestic product grew at a 4.7 percent annual rate in the last quarter of 1996, up from 2.1 percent in the third quarter, the Commerce Department reports. For the year, GDP was up 2.5 percent

[PEN-L:8424] FW: BLS Daily Report

1997-02-03 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, JANUARY 30, 1997 RELEASED TODAY: Among men, median tenure with their current employer fell between 1983 and 1996 in nearly every age group. The overall median for men remained flat at 4.0 years, however, as the age distribution of employed men shifted to older

[PEN-L:8426] FW: BLS Daily Report

1997-02-03 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, JANUARY 31, 1997 RELEASED TODAY: Union membership as a percent of wage and salary employment continued to decline in 1996. Union members accounted for 14.5 percent of wage and salary employment in 1996, down from 14.9 percent in 1995. In 1983, the first year for

[PEN-L:8361] FW: BLS Daily Report

1997-01-28 Thread Richardson_D
BLS DAILY REPORT, MONDAY, JANUARY 27, 1997 The inflation-adjusted median weekly earnings of the nation's 91.3 million full-time wage and salary workers were flat in the fourth quarter of 1996, compared with 1995's fourth quarter, BLS reports. In current dollars, the median earnings actually

[PEN-L:8344] FW: BLS Daily Report

1997-01-27 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, JANUARY 23, 1997 RELEASED TODAY: The U.S. Import Price Index increased 0.1 percent in December. The advance followed a decline of 0.2 percent in November. The U.S. Export Price Index was unchanged in December, after declining in each of the six preceding months

[PEN-L:8346] FW: BLS Daily Report

1997-01-27 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, JANUARY 24, 1997 RELEASED TODAY: Median weekly earnings of the nation's 91.3 million full-time wage and salary workers were $499 in the fourth quarter of 1996, an increase of 3.1 percent from a year earlier. Over the same period, prices also rose 3.1 percent as

[PEN-L:8294] FW: BLS Daily Report

1997-01-21 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, JANUARY 17, 1997 ETA reports initial claims filed with state agencies for unemployment insurance benefits fell 32,000 to a seasonally adjusted total of 323,000 during the week ended Jan. 11 (Daily Labor Report, page D-1)_The level was the lowest in nearly

[PEN-L:8296] FW: BLS Daily Report

1997-01-21 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY AND THURSDAY, JAN. 15-16, 1997 _Spurred by a continuing rise in oil prices, consumer prices rose 0.3 percent in December, BLS reports. The CPI-U rose 3.3 percent in 1996, up from a 2.5 percent advance in 1995. But the core rate of inflation rose just 2.6

[PEN-L:8231] FW: BLS Daily Report

1997-01-15 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, JANUARY 14, 1997 RELEASED TODAY: CPI -- In December, the Consumer Price Index for All Urban Consumers rose 0.3 percent, seasonally adjusted, the same as in each of the three preceding months. The food index increased 0.1 percent in December, after advancing at

[PEN-L:8231] FW: BLS Daily Report

1997-01-15 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, JANUARY 14, 1997 RELEASED TODAY: CPI -- In December, the Consumer Price Index for All Urban Consumers rose 0.3 percent, seasonally adjusted, the same as in each of the three preceding months. The food index increased 0.1 percent in December, after advancing at

[PEN-L:8224] FW: BLS Daily Report

1997-01-14 Thread Richardson_D
BLS DAILY REPORT, MONDAY, JANUARY 13, 1997 _Nonfarm payroll employment grew by a stronger-then-expected 262,000, seasonally adjusted, in December, and 2.6 million new jobs were created in 1996, BLS reports. Employment growth was widespread in December, with both the service-producing and

[PEN-L:8225] FW: BLS Daily Report

1997-01-14 Thread Richardson_D
The statement of outgoing Labor Sec. Robert Reich (last item) is interesting. He points to the problems created by growing economic inequality, yet he does not mention that he was unable to do anything about it when in office. Interesting. It seems that I remember other similar cases,

[PEN-L:8224] FW: BLS Daily Report

1997-01-14 Thread Richardson_D
BLS DAILY REPORT, MONDAY, JANUARY 13, 1997 _Nonfarm payroll employment grew by a stronger-then-expected 262,000, seasonally adjusted, in December, and 2.6 million new jobs were created in 1996, BLS reports. Employment growth was widespread in December, with both the service-producing and

[PEN-L:8225] FW: BLS Daily Report

1997-01-14 Thread Richardson_D
The statement of outgoing Labor Sec. Robert Reich (last item) is interesting. He points to the problems created by growing economic inequality, yet he does not mention that he was unable to do anything about it when in office. Interesting. It seems that I remember other similar cases,

[PEN-L:8157] FW: BLS Daily Report

1997-01-10 Thread Richardson_D
-- From: Hoyle_K Sent: Thursday, January 09, 1997 5:30 PM To: DailyReport Subject:BLS Daily Report BLS DAILY REPORT, THURSDAY, JANUARY 9, 1997 RELEASED TODAY: The Producer Price Index for Finished Goods advanced 0.5 percent in December, following increases of 0.4

[PEN-L:8139] FW: BLS Daily Report

1997-01-09 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, JANUARY 8, 1997 RELEASED TODAY: Unemployment rates for most states showed little movement in November, as 44 states recorded shifts of 0.3 percentage point or less. The national unemployment rate was 5.4 percent in November, up slightly from 5.2 percent in

[PEN-L:8127] FW: BLS Daily Report

1997-01-08 Thread Richardson_D
-- From: Hoyle_K Sent: Tuesday, January 07, 1997 5:16 PM To: DailyReport Subject:BLS Daily Report BLS DAILY REPORT, TUESDAY, JANUARY 7, 1997 Government and private economists offer distinctly different views on how fast and how far the government should go to change

[PEN-L:8103] FW: BLS Daily Report

1997-01-07 Thread Richardson_D
BLS DAILY REPORT, MONDAY, JANUARY 6, 1997 The economy appears to have accelerated in the fourth quarter after slowing in the prior period, a slew of recent economic data indicates The latest upbeat news came in the monthly construction spending report that showed a 1.9 percent jump in

[PEN-L:8095] FW: BLS Daily Report

1997-01-06 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, JANUARY 3, 1997 Jobless claims shot up an unexpected 22,000 last week, to the highest level since last summer, the Labor Department said (Washington Post, page B11; Daily Labor Report, page D-1). The pace of increase in help-wanted advertising quickened in

[PEN-L:8082] FW: BLS Daily Report

1997-01-03 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, JANUARY 2, 1997 The U.S. economy will be the picture of health this spring when it begins its seventh year of economic expansion -- firmly on the track of steady growth with low inflation -- according to 23 analysts surveyed for BNA's annual economic outlook. The

[PEN-L:8047] FW: BLS Daily Report

1997-01-02 Thread Richardson_D
Item 1--layoffs together with increasing employment and a lower UP rate. Something in the economy seems to have changed. Could it be the lower share of manufacturing or is something else of importance out there? Dave -- BLS DAILY REPORT, TUESDAY, DECEMBER 31, 1996 A growing number

[PEN-L:8056] Re: FW: BLS Daily Report

1997-01-02 Thread Doug Henwood
At 6:41 AM 1/2/97, Richardson_D wrote: BLS DAILY REPORT, TUESDAY, DECEMBER 31, 1996 A growing number of Americans believe the economy is in good shape; even so, the number concerned about their own jobs has not changed significantly in the last year, says a New York Times article by Steve Lohr

[PEN-L:7996] FW: BLS Daily Report

1996-12-31 Thread Richardson_D
2nd item. While ATT conducted a major down sizing this year, it has now hired enough people so that employment over the year is unchanged. This reminds me of the perennial story of the guy who was downsized out and then offered his old job back as a temp, i.e. without benefits. My hazy

[PEN-L:7998] Re: FW: BLS Daily Report

1996-12-31 Thread Doug Henwood
At 6:17 AM 12/31/96, Richardson_D wrote: 2nd item. While ATT conducted a major down sizing this year, it has now hired enough people so that employment over the year is unchanged. This reminds me of the perennial story of the guy who was downsized out and then offered his old job back as a

[PEN-L:7986] FW: BLS Daily Report

1996-12-30 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, DECEMBER 27, 1996 In a brief profile with photo, "Headliner: Katharine Abraham -- Dead Calm in the Eye of the CPI Storm," Business Week's Mike McNamee (Dec. 23, page 46) says, "Abraham, 42, is unperturbed. The BLS was first to recognize the CPI's weaknesses, she

[PEN-L:7947] FW: BLS Daily Report

1996-12-23 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, DECEMBER 20, 1996 RELEASED TODAY: The U.S. Import Price Index fell 0.1 percent in November. The decrease was attributable to dips in both petroleum and nonpetroleum prices. The U.S. Export Price Index, paced by the continued decrease in agricultural prices, fell

[PEN-L:7876] FW: BLS Daily Report

1996-12-14 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, DECEMBER 13, 1996 __A continued surge in energy prices drove the CPI up 0.3 percent, seasonally adjusted, in November, BLS reports. Most analysts see the report as moderate, since the core rate -- minus volatile energy and food components -- rose 0.2 percent in the

[PEN-L:7844] FW: BLS Daily Report

1996-12-12 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, DECEMBER 10, 1996 _The momentum is building in the White House and on Capitol Hill to seek adjustment in the CPI, after the recent report from economists that stated the index overstates the inflation rate by 1.1 percentage points. White House analysis of the

[PEN-L:7843] FW: BLS Daily Report

1996-12-12 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, DECEMBER 11, 1996 RELEASED TODAY: The Producer Price Index for Finished Goods advanced 0.4 percent in November, seasonally adjusted. This followed a 0.4 percent increase in October and a 0.2 percent rise in September Among finished goods in November,

[PEN-L:7777] FW: BLS Daily Report

1996-12-09 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, DECEMBER 6, 1996 RELEASED TODAY: EMPLOYMENT SITUATION -- Nonfarm payroll employment increased in November, and the unemployment rate edged up to 5.4 percent. Payroll employment rose by 118,000, with modest but widespread gains occurring throughout the private

[PEN-L:7790] FW: BLS Daily Report

1996-12-09 Thread Richardson_D
BLS DAILY REPORT, MONDAY, DECEMBER 9, 1996 __Nonfarm payroll employment grew by a less-than-expected 118,000 in November, and the unemployment rate edged up to 5.4 percent. Employment growth was widespread but modest in November, and the jobless rate increased 0.2 percentage point in the

[PEN-L:7765] FW: BLS Daily Report

1996-12-07 Thread Richardson_D
There was no report Weds. and this double issue today. I have never seen this before. H --- BLS DAILY REPORT, WEDNESDAY AND THURSDAY, DECEMBER 4-5, 1996 RELEASED ON THURSDAY: Revised annual rates of productivity changes in the third quarter were: 0.0 percent in the

[PEN-L:7718] FW: BLS Daily Report

1996-12-04 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, DECEMBER 3, 1996 A congressional advisory commission tomorrow will recommend alterations in the government's method of calculating changes in consumer prices that would slow the growth of many federal benefit programs by 1.1 percentage points annually, according to

[PEN-L:7604] FW: BLS Daily Report

1996-11-27 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, NOVEMBER 26, 1996 RELEASED TODAY: Unemployment rates for most states showed little change in October, as 45 states and the District of Columbia recorded shifts of 0.3 percentage point or less. Nonfarm payroll employment increased in 38 states over the month

[PEN-L:7558] FW: BLS Daily Report

1996-11-25 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, NOVEMBER 22, 1996 RELEASED TODAY: The U.S. Import Price Index rose 0.4 percent in October. The increase followed a 1.1 percent advance in September and was attributable to a continuing rise in petroleum prices. In contrast, prices for non-petroleum imports resumed a

[PEN-L:7557] FW: BLS Daily Report

1996-11-25 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, NOVEMBER 21, 1996 In its first monthly release of such estimates, BLS reports there were 498 mass layoff actions by employers involving 40,964 workers who filed for state unemployment insurance benefits during September. That brought the total number of mass

[PEN-L:7473] FW: BLS Daily Report

1996-11-19 Thread Richardson_D
BLS DAILY REPORT, MONDAY, NOVEMBER 18, 1996 "A Fairer Way to Figure Social Security" by Alan B. Krueger, professor of economic and public affairs at Princeton's Woodrow Wilson School of Public and International Affairs, appears on the op. ed. page of the Washington Post Krueger writes,

[PEN-L:7443] FW: BLS Daily Report

1996-11-18 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, NOVEMBER 13, 1996 RELEASED TODAY: PPI -- The Producer Price Index for Finished Goods advanced 0.4 percent in October, seasonally adjusted. This followed a 0.2 percent increase in September and a 0.3 percent rise in August. Prices for both finished energy

[PEN-L:7444] FW: BLS Daily Report

1996-11-18 Thread Richardson_D
FYI, believe that the CPI was up 0.3% but don*t place any great store by the *reasons* given. Dave Richardson -- BLS DAILY REPORT, THURSDAY, NOVEMBER 14, 1996 RELEASED TODAY: CPI -- On a seasonally adjusted basis, the CPI-U rose 0.3 percent in October, the same as in September.

[PEN-L:7446] FW: BLS Daily Report

1996-11-18 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, NOVEMBER 15, 1996 _A surge in energy and food prices drove up the CPI-U by a seasonally adjusted 0.3 percent in October, but analysts remain confident inflation is well under control. The so-called core rate of inflation -- minus volatile food and energy

[PEN-L:7385] FW: BLS Daily Report

1996-11-13 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, NOVEMBER 12, 1996 The average annual pay of workers in metropolitan areas rose 3.5 percent from 1994 to 1995, preliminary BLS data shows. In the nation's 311 metropolitan areas, the average annual pay was $29,105 in 1995, up from $28,125 in 1994. Average pay for

[PEN-L:7377] FW: BLS Daily Report

1996-11-12 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, NOVEMBER 8, 1996: RELEASED TODAY: Average annual pay of employees in metropolitan areas increased 3.5 percent from 1994 to 1995, according to preliminary data. The average annual pay level for jobs in the nation's 311 metropolitan areas was $29,105 in 1995, up from

[PEN-L:7316] FW: BLS Daily Report

1996-11-07 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, NOVEMBER 6, 1996 Bridgestone/Firestone and the United Steelworkers reach a tentative agreement resolving "all key issues" in their long-running labor dispute, the parties announce. Neither side released details of the agreement Announcement of the tentative

[PEN-L:7321] FW: BLS Daily Report

1996-11-07 Thread Richardson_D
See next to last item on Manpower pay. It would seem that a lot of their workers were getting the $4.25 minimum wage or close to it. Dave Richardson -- BLS DAILY REPORT, THURSDAY, NOVEMBER 7, 1996 RELEASED TODAY: The preliminary seasonally-adjusted annual rates of productivity growth

[PEN-L:7286] FW: BLS Daily Report

1996-11-06 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, NOVEMBER 5, 1996 Construction spending rose a sharp 1.9 percent in September seasonally adjusted, bolstered by a surge in outlays for public-sector projects, the Census Bureau reports. Residential construction outlays fell for the fifth month in a row (Daily

[PEN-L:7272] FW: BLS Daily Report

1996-11-05 Thread Richardson_D
BLS DAILY REPORT, MONDAY, NOVEMBER 4, 1996 _Nonfarm payroll employment grew by 210,000, seasonally adjusted, in October, with the largest gains in services and retail trade (Daily Labor Report, pages 1,D-4,E-5). The unemployment rate remained steady at 5.2 percent. The jobs report

[PEN-L:7217] FW: BLS Daily Report

1996-11-04 Thread Richardson_D
BLS DAILY REPORT, FRIDAY, NOVEMBER 1, 1996 RELEASED TODAY: EMPLOYMENT SITUATION -- Nonfarm payroll employment increased in October, and unemployment was unchanged. Payroll employment rose by 210,000, with the largest gains occurring in services and retail trade. Manufacturing employment

[PEN-L:7090] FW: BLS Daily Report

1996-11-01 Thread Richardson_D
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

[PEN-L:7026] FW: BLS Daily Report

1996-10-30 Thread Richardson_D
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

[PEN-L:6956] FW: BLS Daily Report

1996-10-28 Thread Richardson_D
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

[PEN-L:6912] FW: BLS Daily Report

1996-10-25 Thread Richardson_D
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 Price

[PEN-L:6879] FW: BLS Daily Report

1996-10-24 Thread Richardson_D
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 385,644 laid-off workers in

[PEN-L:6866] FW: BLS Daily Report

1996-10-23 Thread Richardson_D
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 U.S. Export Price Index,

[PEN-L:6845] FW: BLS Daily Report

1996-10-22 Thread Richardson_D
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 Greenspan

[PEN-L:6730] FW: BLS Daily Report

1996-10-17 Thread Richardson_D
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 meats,

[PEN-L:6746] FW: BLS Daily Report

1996-10-17 Thread Richardson_D
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

[PEN-L:6708] FW: BLS Daily Report

1996-10-16 Thread Richardson_D
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

[PEN-L:6608] FW: BLS Daily Report

1996-10-11 Thread Richardson_D
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

[PEN-L:6567] FW: BLS Daily Report

1996-10-10 Thread Richardson_D
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

[PEN-L:6515] FW: BLS Daily Report

1996-10-08 Thread Richardson_D
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

[PEN-L:6472] FW: BLS Daily Report

1996-10-04 Thread Richardson_D
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

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