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Strategies & Market Trends : The Options Box
QQQ 624.28-0.2%Dec 8 4:00 PM EST

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To: Lost to Voodoo who wrote (9382)2/2/2001 10:14:45 AM
From: hobo  Read Replies (1) of 10876
 
Morning Voodoo...

Internet address: stats.bls.gov

Technical information: USDL 01-35
Household data: (202) 691-6378

Transmission of material in this release is
Establishment data: 691-6555 embargoed until 8:30 A.M. (EST),

Media contact: 691-5902 Friday, February 2, 2001.


THE EMPLOYMENT SITUATION: JANUARY 2001


Unemployment increased in January, and payroll employment rose by
268,000, the Bureau of Labor Statistics of the U.S. Department of Labor
reported today. Construction employment increased by 145,000, after
seasonal adjustment, as unusual weather patterns over the last 3 months
contributed to extremely light layoffs in January. Manufacturing
experienced another sizable employment decline over the month. Average
hourly earnings were unchanged.

Unemployment (Household Survey Data)

The number of unemployed rose by about 300,000 to nearly 6.0 million,
pushing the unemployment rate from 4.0 to 4.2 percent. The jobless rate
had ranged from 3.9 to 4.1 percent since October 1999. The unemployment
rates for each of the major worker groups--adult men (3.6 percent), adult
women (3.6 percent), teenagers (13.8 percent), whites (3.6 percent), blacks
(8.4 percent), and Hispanics (6.0 percent)--were marginally higher in
January. (See tables A-1 and A-2.)

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