12 March 2001, 10:56 US average hourly earnings rose seven cents in February
Average hourly earnings rose seven cents in February, the fourth
consecutive month that over-the-year increases were above 4.0% and
evidence earnings have elevated off a two-year plateau, a senior Bureau
of Labor Statistics analyst said Friday morning. Also, perhaps most
interesting in the month's report, which saw an above-expectations
payrolls increase of 135,000, was what didn't happen, he said. Help
supply did not decline, nor did construction, when both could have been
expected to.
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