U.S. jobs solid

Thredgold, Jeff
July 2007
Enterprise/Salt Lake City;7/16/2007, Vol. 37 Issue 2, p7
The article discusses the status of the U.S. labor market as of June 2007. The U.S. economy added an average of 145,000 net new jobs monthly in the first six months of 2007, a 23% decline from the 189,000 monthly average in 2006. Unemployment rate in the country was 4.5% in June while goods-producing employment declined with a net loss of 3,000 jobs. Average hourly wage rate increased 0.3% to $17,38, an increase of 3.9% during the past 12 months.


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