October 15, 1998 (The Editor’s Desk is updated each business day.)
Nonmanufacturing workers face
increasing incidence of job displacement
From 1995 to 1997, worker displacements in
nonmanufacturing industries—including services, retail trade, and finance, insurance,
and real estate—accounted for a larger share of total worker displacements than was
the case in the early 1980s.
[Chart data—TXT]
In contrast, displacements from manufacturing industries now account
for a much smaller share of the total. In the early 1980s, nearly 1 in 2 job displacements
were from manufacturing. By the 1995-97 period, this proportion had fallen to
roughly 1 in 4.
Although the shift in industrial composition of displacement
partially reflects the shift in employment to the nonmanufacturing sector, the proportion
of displacements occurring in nonmanufacturing industries has grown more than
nonmanufacturing's share of total employment. For example, since the early 1980s, the
share of displacements occurring in services doubled from 10 to 20 percent, while the
share of employment in services rose from 16 to 22 percent.
These data are from a supplement to the February 1998 Current Population Survey
(CPS), a monthly nationwide survey of about 50,000 households that provides basic data
on national employment and unemployment. The Employment
and Training Administration of the U.S.
Department of Labor has sponsored biennial surveys on displaced workers since 1984.
Additional information is available from news release USDL 98-347, "Worker Displacement, 1995-97".
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
.
Read more »