Jobs, wages inch forward
8:33 a ET
The American economy created
124,000 new jobs during August, the
government reported Friday, a pace
much slower than expected. Average
hourly earnings rose by only two cents,
less than the 5 cent increase expected
by economists.
cnnfn.com
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Edit/update - some headlines:
08:30 JULY PAYROLLS REVISED TO 338,000 FROM 310,000.
08:30 JUNE PAYROLLS REVISED TO 281,000 FROM 273,000.
08:30 AUGUST CONSTRUCTION PAYROLLS FALL 29,000.
08:30 AUGUST AVERAGE HOURLY EARNINGS RISE 0.2%, BELOW ESTIMATE OF 0.3%.
08:30 AUGUST MANUFACTURING WORKWEEK FALLS TO 41.7 HOURS, OVERTIME SLIPS TO 4.6.
08:30 AUGUST AVERAGE WORKWEEK CLIMBS TO 34.6 HOURS.
08:30 AUGUST PRIVATE PAYROLLS UP 77,000.
08:30 AUGUST SERVICE-PRODUCING PAYROLLS UP 219,000.
08:30 AUGUST MANUFACTURING PAYROLLS DOWN 63,000, MOST SINCE JULY 1998.
08:30 AUGUST JOBLESS RATE SLIPS TO 4.2% FROM 4.3%, AS EXPECTED.
08:30 AUGUST NONFARM PAYROLLS UP 124,000, WELL BELOW ESTIMATE OF 214,000. |
