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Old 12-07-2012, 06:43 AM   #1
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Default Stock index futures fall, focus on jobs data

LONDON - Stock index futures pointed to a lower open on Wall Street on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 falling 0.1 to 0.2 percent. U.S. non-farm employment, due at 8.30 a.m. EST, is forecast to have risen by 93,000 jobs last month after gaining 171,000 in October, according to a Reuters survey. The unemployment rate is seen holding steady at 7.9 percent. Superstorm Sandy likely put a dent in U.S. jobs growth in November, temporarily interrupting a recently established trend of modestly rising payrolls. Amarin Corporation was down 18. ...




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Old 12-07-2012, 06:19 PM   #2
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73% of New Jobs Created in Last 5 Months Are in Government
December 7, 2012 - Seventy-three percent of the new civilian jobs created in the United States over the last five months are in government, according to official data published by the Bureau of Labor Statistics.
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In June, a total of 142,415,000 people were employed in the U.S, according to the BLS, including 19,938,000 who were employed by federal, state and local governments.

By November, according to data BLS released today, the total number of people employed had climbed to 143,262,000, an overall increase of 847,000 in the six months since June.

In the same five-month period since June, the number of people employed by government increased by 621,000 to 20,559,000. These 621,000 new government jobs created in the last five months equal 73.3 percent of the 847,000 new jobs created overall.

73% of New Jobs Created in Last 5 Months Are in Government | CNS News
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Unemployment Plunges to 3.8% for Government Workers; Government Adds 35,000 Jobs in November, 544,000 Since July
December 7, 2012 - The unemployment rate for civilian government workers plunged from 4.2 percent in October to 3.8 percent in November, according to the Bureau of Labor Statistics, as government added 35,000 to its taxpayer-funded payrolls during the month.
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In October, federal, state and local governments in the United States employed 20,524,000 people. In November, that climbed to 20,559,000. As recently as July, the unemployment rate for government workers was as high as 5.7 percent, according to the BLS.

That month, government employed only 20,015,000. Since July, times have been very good for government in the United States, with governments managing to add 544,000 workers to their payrolls.

The Bureau of Labor Statistics counts someone as a government worker if they are not in the military and they are currently employed by any level of government—local, state or federal—or they are unemployed, they are looking for work, and their last job was for any level of government.

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