Anonymous
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Anonymous
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Friday, June 3, 2011
http://www.latimes.com/business/la-fi-jobs-20110604,0,7722764,full.story
"A net 54,000 jobs are created in May, less than half what's needed to keep pace with growth in the working-age population. There are indications that temporary factors caused some of that weakness."
"It was the second month in a row that the jobless rate climbed, though: After steadily declining during the winter, the unemployment figure rose from 9% in April and 8.8% in March."
"In recent days, an array of data have pointed to a slowdown in manufacturing and consumer spending, as well as persistent weakness in the depressed housing market."
"Hourly earnings for all employees on private-sector payrolls averaged $22.98 last month, up 41 cents from a year earlier. That 1.8% increase is below the current pace of inflation."
"...the so-called long-term unemployed, jumped to 45.1%, near a record high, from 43.4% in April..."
http://www.latimes.com/business/la-fi-jobs-20110604,0,7722764,full.story
"A net 54,000 jobs are created in May, less than half what's needed to keep pace with growth in the working-age population. There are indications that temporary factors caused some of that weakness."
"It was the second month in a row that the jobless rate climbed, though: After steadily declining during the winter, the unemployment figure rose from 9% in April and 8.8% in March."
"In recent days, an array of data have pointed to a slowdown in manufacturing and consumer spending, as well as persistent weakness in the depressed housing market."
"Hourly earnings for all employees on private-sector payrolls averaged $22.98 last month, up 41 cents from a year earlier. That 1.8% increase is below the current pace of inflation."
"...the so-called long-term unemployed, jumped to 45.1%, near a record high, from 43.4% in April..."