Saturday, May 3, 2008

More Info On Economy

Incomes and Inflation

Growth in total incomes for all Americans has continued to outpace inflation, as it has for the past several years.

4.03% - Growth in total incomes -- 3/07 - 3/08
3.98% - Total consumer inflation -- 3/07 - 3/08

Job Growth

The job markets in April were pretty strong, albeit uneven:

362,000 - net gain in total employment (that includes 1099 and per diem jobs).
29,000 - net loss in private-sector W-2 employment.
9,000 - net gain in government W-2 employment.


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