What part of 3.9% don't you understand? Sorry to again make you look like a fool...but as you posted..."USED" to it from liberals. At least I'm a smart liberal! So get "USED" to it.
FOR DELIVERY: 9:30 A.M., E.D.T.
FRIDAY, MAY 5, 2000
Advance copies of this statement are made available to the
press under lock-up conditions with the explicit
understanding that the data are embargoed until 8:30 a.m.
Eastern Daylight Time.
Statement of
Katharine G. Abraham
Commissioner
Bureau of Labor Statistics
Friday, May 5, 2000
Good morning. I am pleased to have this opportunity to
comment on the employment and unemployment estimates that we
released this morning.
The unemployment rate, as measured by our household
survey, edged down to 3.9 percent in April, the first time it
has been below 4.0 percent since January 1970. Nonfarm
payroll employment, as measured by our establishment survey,
rose by 340,000 in April, boosted again by the hiring of
temporary workers for Census 2000. Excluding these short-
term jobs, employment increased by 267,000 in April. Private
payroll employment growth has averaged 222,000 per month thus
far this year, compared with 198,000 per month for all of
1999. |
