Quote:
In June, average hourly earnings for all employees on private nonfarm payrolls rose by 6 cents to
$24.45, following a 6-cent increase in May. Over the past 12 months, average hourly earnings have risen
by 2.0 percent. In June, average hourly earnings of private-sector production and nonsupervisory
employees increased by 4 cents to $20.58. (See tables B-3 and B-8.)
The change in total nonfarm payroll employment for April was revised from +282,000 to +304,000, and
the change for May was revised from +217,000 to +224,000. With these revisions, employment gains in
April and May were 29,000 higher than previously reported
Its not ALL gloom and doom. More work to be done for sure and passing a transportation reauthorization can help.