Economy Update

Click the below link for info about incomes and inflation and job growth.

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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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