Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (318893)	1/5/2007 8:49:06 AM
From: Elroy	Read Replies (3) of 1576177

You sure you want to get rid of 10 million cheap workers? 167,000 Jobs Added to Payrolls in Dec. Friday January 5, 8:38 am ET By Jeannine Aversa, AP Economics Writer U.S. Employers Add 167,000 Jobs to Payrolls in December, Keep Unemployment Rate at 4.5 Percent WASHINGTON (AP) -- Employers stepped up hiring last month, boosting payrolls by a brisk 167,000 and keeping the unemployment rate steady at a still historically low 4.5 percent. Workers' wages grew briskly. Employers showed not only a greater appetite to hire in December but also more willingness to boost compensation to workers. Workers, many of whom had seen their paychecks eaten by inflation, saw wages grow robustly last month. Average hourly earnings jumped to $17.04, a sizable 0.5 percent rise from the prior month. Analysts were forecasting a more modest, 0.3 percent increase. Over the last 12 months, wages grew by a strong 4.2 percent. That matched the annual gain registered in November and was exceeded only by a 4.3 percent annual increase in November 2000.

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