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To: pater tenebrarum who wrote (56200)	7/7/2000 1:00:47 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 99985

Heinz, have you noticed this statement in the Labor Dep. release?? It points to wage inflation and a shrinking pool of available labor force The Labor Department also said: -- The available labor pool -- combining the number of unemployed job seekers, plus those not looking for work in the last 12 months who said they would take a job -- fell to 9.8 million in June from 10.2 million in May. -- The percentage of the U.S. population holding jobs rose 64.5 percent in June from 64.3 percent in May. -- Average weekly hours worked rose to 34.5 in June from 34.4 in May. -- Manufacturing overtime rose to 4.6 hours in June from 4.5 hours in May. -- Average weekly earnings rose to $473 during June from $469.90 in May. The government's monthly job growth figures are based on statistics provided by businesses, while the unemployment rate is based on a survey of U.S. households.