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To: Wally Mastroly who wrote (6473)7/2/1999 8:41:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Early report - May jobs data:

Job growth rises
8:31 a ET

The economy created 268,000 jobs last
month, the government said Friday,
above economists' forecasts of 220,000
new jobs. The unemployment rate rose
to 4.3 percent from 4.2 percent.
Average hourly earnings rose a nickel
to $13.23.

cnnfn.com

-
Re: Hourly rate increase. On a yearly basis that would be almost 4.6
[(.05/13.18) x 12 months] - Wage inflation starting?

-
8:47 AM - Adding link from Bloomberg with some details:

bloomberg.com