Economic Report of the President 1994 - The American Presidency ...

TABLE B-109.—Civilian unemployment rate, and hourly compensation, major industrial countries,1967-93[Quarterly data seasonally adjusted]Year or quarterUnitedStates Canada Japan FranceGermany*ItalyUnitedKingdom1967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931992:1....II...III..IV..1993:1....II...IV..1967..1968..1969..1970..1971..1972..1973..1974..1975..1976..1977..1978..1979..1980..1981..1982..1983..1984..1985..1986..1987..1988..1989..1990..1991..1992..3.83.63.54.95.95.64.95.68.57.77.16.15.87.17.69.79.67.57.2.7.06.25.55.35.56.77.46.87.37.57.57.37.07.06.76.562.867.974.483.391.5100.0102.7105.9111.2115.8118.4123.0127.9134.7141.9148.13.84.54.45.76.26.25.55.36.97.18.18.37.47.57.511.011.811.210.59.58.87.87.58.110.311.311.210.711.311.511.511.011.411.411.1Civilian unemployment rate (percent) 21.31.21.11.21.31.41.31.41.92.02.02.32.12.02.22.42.72.82.62.82.92.52.32.12.12.22.12.12.22.32.32.42.62.12.72.32.52.82.92.82.94.24.65.25.46.16.57.68.38.610.010.510.610.810.39.69.19.6"10.410.210.210.310.610.811.211.51.31.1.6.5.6.7.71.63.43.43.43.32.92.84.05.63 6.97.17.26.66.36.35.7"5.0"4.4"4.74.44.64.85.05.45.86.13.43.53.53.23.33.83.73.13.43.94.14.14.44.44.95.45.95.96.037.57.97.97.8"7.03 "6.9"7.36.97.07.08.339.410.810.6Manufacturing hourly compensation in U.S. dollars (1982=100) 426.128.230.433.937.741.344.352.257.367.769.569.874.883.093.1100.0106.2105.9105.6107.8116.3130.9143.2155.5167.8165.710.512.214.617.420.727.337.445.652.156.268.694.095.598.3107.6100.0107.7111.0115.0171.2204.2234.4231.2237.5270.8300.617.920.220.521.624.429.438.442.158.259.966.181.497.5113.3101.8100.095.390.295.0128.4153.4160.6158.1192.4193.5213.515.216.318.122.927.032.544.251.659.762.974.592.8109.1119.3102.2100.099.993.996.0135.6171.4182.1178.4222.2230.6260.017.718.920.625.129.434.941.248.160.559.065.778.897.4111.1100.9100.0104.3103.5107.0142.7173.3179.9188.5241.0257.5277.13.33.23.13.13.94.23.23.14.65.96.46.35.47.010.511.311.811.811.211.210.38.67.36.9"8.8"10.0"10.49.69.810.210.510.610.410.410.116.915.817.219.923.527.731.035.644.942.346.259.277.9103.7104.8100.093.288.894.7113.7138.9158.6167.3191.4210.8228.41 Former West Germany.2 Civilian unemployment rates, approximating U.S. concepts. Quarterly data for France, Germany, and United Kingdom should beviewed as less precise indicators of unemployment under U.S. concepts than the annual data. Many Italians reported as unemployed didnot actively seek work in the past 30 days, and they have been excluded for comparability with U.S. concepts. Inclusion of such personswould about double the unemployment rate for Italy through 1985, and increase it to 11-12 percent for 1986-92 and 13 percent in1993.3 There are breaks in the series for Germany (1983) and Italy (1986, 1991, and 1993). Based on the prior series, the rate forGermany was 7.2 percent in 1983, and the rate for Italy was 6.3 percent in 1986 and 6.6 in 1991. The break in 1993 raised Italy's rateby approximately 1.1 percentage points.4 Hourly compensation in manufacturing, U.S. dollar basis. Data relate to all employed persons (wage and salary earners and the selfemployed)in the United States and Canada, and to all employees (wage and salary earners) in the other countries. For France andUnited Kingdom, compensation adjusted to include changes in employment taxes that are not compensation to employees, but are laborcosts to employers.Source.- Department of Labor, Bureau of Labor Statistics.393