SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (64139)2/2/2001 7:46:20 AM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
LOL... yes, we don't allow stoopid people to post here. they're all listed in the thread header... LOL



To: MythMan who wrote (64139)2/2/2001 8:37:12 AM
From: UnBelievable  Respond to of 436258
 
US Jobs Report-OVERVIEW

Futures World News - February 02, 2001 08:30

--US January payroll jobs +268,000; jobless rate +0.2 pt to 4.2%
--BLS: Jan job gain reflects seasonal adjustment in construction, govt
--US December payroll jobs revised to +19,000 from +105,000
--US January unemployment rate highest since September 1999
--BLS aide sees construction, gov't jobs returning to trend in Feb
--US Jan avg hourly earnings unchanged; December unrevised at 0.4%
--US January avg hourly earnings +3.9% from yr ago; Dec +4.3%
--US January private payrolls +214,000; government +54,000
--US Jan available labor pool up to 10.4 mln; December 10.2 mln
--US January workweek +0.2 hr; manufacturing workweek +0.5 hr
--US Jan weekly hours index +0.9% to 151.8; factory index +0.8%
--US Nov payroll jobs revised to +53,000 from +59,000
--US Jan construction jobs +145,000; service producer jobs +183,000
--US January factory jobs -65,000; federal government +37,000

By Simon Kennedy and Andrew Williams, BridgeNews
Washington--Feb. 2--Unusually large seasonal adjustment increases in
construction and federal government employment drove U.S. non-farm
payrolls up 268,000, well above private forecasts. January job growth also
topped the revised December payroll gain of 19,000--previously reported at
105,000, the Labor Department reported Friday. However, the unemployment
rate ticked up to 4.2% for the first time since September 1999.
* * *
"To a great extent, January's job gain reflected unusually large
seasonally adjusted increases in just two areas--construction and the
federal government," Bureau of Labor Statistics Commissioner Katharine
Abraham.
Construction unemployment rose by 145,000 jobs after the seasonal
adjustment, more than offsetting weather-related employment declines in
November and December.
"The weather in those months was unusually severe, resulting in
larger-than-expected seasonal layoffs," Abraham said. "In contrast,
January's weather was relatively mild, and there were far fewer layoffs
than expected."
It would take future months' data to discover whether January's large
job gain "reflects underlying strength in construction or merely the
problems inherent in seasonally adjusting estimates of employment for the
industry during the winter months," Abraham added.
Meanwhile, federal government jobs climbed by 37,000 in January. But
Abraham said that gain "resulted from an unusually large increase in
postal employment after seasonal adjustment." While January traditionally
is a layoff month at the postal service, as extra holiday staff are
released, this year "our survey did not register the typical holiday
buildup...and consequently did not register the typical post-holiday
layoffs," she said.
Analysts had projected an increase of 82,500 in jobs, and an
unemployment rate of 4.1%. More