Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (286814)	5/5/2006 10:21:35 AM
From: Road Walker	Read Replies (4) of 1572415

re: Growth in the U.S. labor market downshifted last month, with the economy producing a weaker-than-expected 138,000 nonfarm jobs. While wage growth was brisk, the report is likely to contribute to hopes that the Federal Reserve can afford to pause its two-year-old rate-tightening campaign. According to the Labor Department, the unemployment rate held steady at 4.7% in April, while average hourly earning rose 0.5%. On average, economists were forecasting 205,000 new jobs, an unemployment rate of 4.7%, and average hourly earnings growth of 0.3%. People are getting nervous about hiring illegals, which represent most of the Bush "job growth".

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