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To: Mohan Marette who wrote (122997)	5/7/1999 8:42:00 AM
From: GRANOLA	Respond to of 176387

the best part of the report was that the hrly wage growth ($.03) was the lowest...YTY growth 3/2%, march HWG adjusted down...this is all excellent news for easing inflation speculation...

To: Mohan Marette who wrote (122997)	5/7/1999 8:47:00 AM
From: Lee	Read Replies (4) \| Respond to of 176387

Hey Mo,..Re:.Employment report for April The average hourly earnings numbers were great! Bond market can't figure out what to do though.<g> 204.71.198.62:443/926080841070?User=demo&Pswd=demo&DataType=GIF Average hourly earnings of production or nonsupervisory workers on private nonfarm payrolls rose by 3 cents in April to $13.11, seasonally adjusted. Average weekly earnings rose by 0.5 percent over the month to $452.30, seasonally adjusted. Over the year, hourly and weekly earnings each rose by 3.2 percent. Thanks for those Slate remarks last night. Good trading, Lee