Economic Data for Friday, Jan. 7, 1999
Non-farm Payroll for Dec. = + 315k
Rate = 4.1%
Avg. hourly earnings = +$0.06 or 0.4%, 3.7% yr/yr
stats.bls.gov
Employment rose in December, and the unemployment rate was unchanged at 4.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Nonfarm payroll employment increased by 315,000. Job growth occurred throughout the service-producing sector and in construction, while manufacturing employment was little changed. Average hourly earnings rose by 6 cents in December following a rise of 1 cent in November and have increased by 3.7 percent over the year.
-INSTANT- U.S. nonfarm payrolls up 315,000 in Dec
-U.S. jobless rate unchanged at 4.1 pct, wages strong
-U.S. debt futures fall, rebound after jobs data
-U.S. Dec nonfarm payrolls rose 315,000
-Alert: Us 30-yr T-bond Extends Losses to One Pt on Strong Growth in U.S Payrolls (currency, options)
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