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July 07, 2006

Trying to Get Factoids Out

...before the counter-clockwise spin starts. The June jobs report came in weaker than forecast ~ a good thing from a Fed standpoint. Buried in the report were a couple figures that will probably be lost when the 'Chimpy McHitler struggling economy' caterwaulings commence.

...the jobless rate stayed at a five-year low of 4.6 percent.

...the average hourly work week climbed back to match a 3- year high struck in April.

...The 3.9 percent year-over-year gain in average hourly earnings was the largest in five years, the Labor Department said.

Posted by tree hugging sister at July 7, 2006 09:14 AM

Comments

"household employment rose a gargantuan 387,000."

Per Larry Kudlow

Posted by: nobrainer at July 7, 2006 11:42 AM