Economic Report of the President

TABLE B-lll.—Unemployment rate, and hourly compensation, major industrial countries, 1960-82[Quarterly data seasonally adjusted]Year or quarterUnitedStatesCanada Japan FranceWestGermanyItalyUnitedKingdomUnemployment rate (percent) 1I9601961196219631964196519661967196819695.56.75.55.75.24.53.83.83.63.5707.15.95.54.73.93.43.84.54.4171.51.31.31.21.21.41.31.21.1161.4131.21.3141.81.82.42.211.6.6A.3131.1.6383.2282.42.6353.83.43.43.32 11.9273.32.4212.2323.23.0197019711972 . ..19731974197519761977197819791980198119821981:II „IllIV1982:|||IIIIV4.95.95.64.95.68.57.77.16.15.87.17.69.77.47.47.48.38.89.410.010.75.76.2625.55.36.97.1818.47.57.57.611.07.37.27.68.48610.212.112.71.21.3141.31.4192.0202.32,12.02.22.22.42.22.2232.42.42.42.7282.72.9424.6505.46.16.57.77.07.77.97.9838.68.7'.B.71.63.53.53.53.43.03.04.23.53.94.44.95.35.86.23.13.1363.42.8323.6363.73.93.94.24.63.94.34.14.54.64.64.54.53.139423.23.1466.0646.35.77311.310.311.111.512.512.812.913.0I96019611962196319641965 .. .1966196719681969197019711972197319741975197619771978197919801981198236.737.739.140.342.042 844.847.050.453.957.661.164.469.076.385.492.3100.0108.3118.9132 8146.4158.829.929428.729.430.632134.637.340.043.047.853.158.163 475.082.497.1100.099.4106.6116 4126.1Hourly compensation (1977 = 100) 26.6778.89.811.012 413.615.317.921.325.430.340.155 067.177.182.3100.0136.1138.5142 6157.016.217 819.621.723.325126.728.932.632.333.938.046.260 066.288.590.6100.01231148.2174 2158.310.512.313.914.9 -16.117.619.020.121.323.629.534.742.056.967.179.483.5100.0125.6147.5161.7139.911.913.115.518.320.421822.825.427.130.736.843.152.366.474.095.089.5100.0119.1143.1164.8152.424.926.828.329.531.634 737.638.235.638.844.351.860.065.578.296.591.8100.0128.1168.5228.2230.8'Unemployment rates, approximating U.S. concepts. Data for United Kingdom exclude Northern Ireland. Quarterly data for France.West Germany, and United Kingdom should be viewed as less precise indicators of unemployment under U.S. concepts than the annualdata. Beginning 1977, changes in the Italian survey resulted in a large increase in persons enumerated as unemployed. However, manyalso reported that they had not actively sought work in the past 30 days. Such persons have been provisionally excluded forcomparability with U.S. concepts; their inclusion would more than double the rates shown for Italy.2 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.287