This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. ------_=_NextPart_000_01BE6972.98306BB0 BLS DAILY REPORT, FRIDAY, MARCH 5, 1999 RELEASED TODAY: EMPLOYMENT SITUATION -- Payroll employment rose in February, and the unemployment rate was little changed at 4.4 percent. Nonfarm payroll employment increased by 275,000; large gains occurred in construction and retail trade, while manufacturing had a substantial decline. ... JEC STATEMENT -- The unemployment rate was essentially unchanged at 4.4 percent in February and has remained within the narrow range of 4.3 to 4.5 percent since last April. Nonfarm payroll employment rose by 275,000 in February. This increase was about in line with the average of the prior 3 months, but was well above the average for the first 10 months of 1998. Substantial employment gains in construction and retail trade contrasted with large job losses in manufacturing and mining during February. All other major industry groups experienced moderate employment increases. ... Nonfarm payroll employment increased in 31 states in January, BLS reports. Alaska, Colorado, and Idaho showed the largest percentage advance at 0.6 percent each. ... (Daily Labor Report, page D-6). New claims for unemployment benefits filed with state agencies fell by 8,000 to a seasonally adjusted 286,000 in the week ended Feb. 27, the Employment and Training Administration of the U.S. Department of Labor reports. The level of claims has been below 300,000 for 5 consecutive weeks, leading some economists to project that the labor market will remain strong for the next few weeks. ... (Daily Labor Report, page D-4)_____The average level of new applicants for unemployment befits reached a 10-year low during February. .... (Washington Post, page E1). Given a good push by a 102.7 percent increase in orders for aircraft, new orders for manufactured goods rose 1.7 percent in January, the Census Bureau announces. The January increase followed a 2.3 percent increase in December and is the seventh increase in the last 8 months. New orders for January 1999 were 3.9 percent above those for January 1998. ... (Daily Labor Report, page D-1)_____Factory orders rose, despite a drop in orders for nondurable goods. But, excluding transportation items, new orders fell 0.3 percent in January, the first drop since October. ... (New York Times, page A2). Retail sales jumped to better-than-expected levels last month, as the robust economy and good weather in most of the country encouraged Americans to spend. Many Wall Street analysts were so impressed with the strong sales that they raised their estimates for first-quarter earnings. Discount chains fared the best, outpacing all other retail formats. Also reporting big gains were specialty clothing chains (Washington Post, page E1)_____Retailers' sales at stores open at least a year rose 7.6 percent in February, more than expected, as shoppers snapped up basic household goods at discounters like Wal-Mart Stores Inc. and new spring fashions at clothing chains like Gap Inc. ... (New York Times, page C2)_____A robust economy continued to drive consumer spending in February, leading to better-than-expected sales for most retailers and raising expectations for a strong 1999. ... (Wall Street Journal, page B2) ------_=_NextPart_000_01BE6972.98306BB0 b3NvZnQgTWFpbC5Ob3RlADEIAQWAAwAOAAAAzwcDAAgACQAvADoAAQBUAQEggAMADgAAAM8HAwAI gAEAEQAAAEJMUyBEYWlseSBSZXBvcnQAkAUBDYAEAAIAAAACAAIAAQOQBgB4CgAAHAAAAEAAOQCw Mhqocmm+AR4AcAABAAAAEQAAAEJMUyBEYWlseSBSZXBvcnQAAAAAAgFxAAEAAAAWAAAAAb5pcqOV WMk4adU5EdKIjgDAT4x4MQAAHgAxQAEAAAANAAAAUklDSEFSRFNPTl9EAAAAAAMAGkAAAAAAHgAw QAEAAAANAAAAUklDSEFSRFNPTl9EAAAAAAMAGUAAAAAAAgEJEAEAAADOBwAAygcAAMQNAABMWkZ1 T5HZm/8ACgEPAhUCpAPkBesCgwBQEwNUAgBjaArAc2V0bjIGAAbDAoMyA8UCAHDccnESIAcTAoB9 CoAIzx8J2QKACoENsQtgbmcxODAzMwr7EvIB0CBCgkwF8ERBSUxZB/AARVBPUlQsIEYUUkkYwFkZ gE1BUpBDSCA1GYAxORrABwqFCoUZIExFQVNF0EQgVE8Z0ToKhR0jAEVNUExPWU1FBE5UBgBJVFVB YHVuSR+KYXQgYHdhBCBs+mkCQGwgYBGxFuAJgCFAQQVANC40IHAEkGNVH/EuHSBOAiBmCsBtbySA Hx8gcQUAZSMAI/FiUHkgMjcagDAn8DtnIyAKwCPgIGcLcQQgb3xjYwhwFTEgcgWgAIB08SDgY3Rp AiAhQxUwAZCbAxEqAGENsBmAd2gDEHsgYAOBdSVgKjAIcRbgIMMRwCQBIHN1YinwAHB7KkAHQCAF gSMwIeAlAC5HLqAdIBzKSkVDBgBU7x5wHYAd8h7RVCGvIrYHkPsR8C2zbCeQMQAjrySzIHr/IUMR wAQgFTAAwC5RIXAD8PchkCCBIZJuCsADYAfgIqCrM3Eo8GYkQTMhgG8kQf41NCcAkCbwIGALYCnw E9D/E5ADECUPH28neSB6OmEwwP8EACbXIuMBoAhgNJMuQjZz6SGDYXYEkGE31CGSOiFPBbE4UARg AjBocxmAYvM/cSLyd2U7YT9BQMBAa+cCEAXAIZJmaRHgBUAXANdCFTfyGrE4OmFTLWkfif8opCmf Kq1IoitBSOA2VSg1+GpvYiMgIEAR8EhjLBxtIVJtC4AssmQslD15Qf07YW8hkQXAAMBL8AXAC4Bf TmBI4SeQCcAIYHAyQXj/JJEIkDmBTdEEciKyJj9MYT8uhS7XCoU6n1LvKWQzMe8tQAGQIsBIY0os ISEDGII9FTBwFNFUAU9xIwBrYS8ZgAhQFMErYG8hNElk9GFoOIBzW9BDICF0KEPvOeEklUDyK2B2 AHA5kSQheDAuNjQnJyARsC6FKPZEKwEnkEw/QRuxWbMZgIMKsChxRC02KS5UrXcH0S4wC3BtBCBE kjELYv8J8A3AI0BjYSvRSyVYMyFAvzOAJvAIkGNhQzIngTg88784cS0xJyECIDLTK2BqULFxM5Ey ODY89iGSQyBl/ms7gCFgM5EgsTpgJ7AZgG0hkkUfmCFSVCKgTgRBPmRN8kjhIrBJQkE1VS7aUzpg RFmwCsB0H+M4Af9gdFmoMMIjcEDAT6E4EGMVvzWyZJAJ8GSBFMAH4DMn8L8880SSOMBIsgWQP3Bp Q6H/aiJCcSNwK2AssmggB4A7gD9IsQNwbXEEIDhxE5Bvan8FkAVAIZAkIVx0YJIAwHL+axIANnE7 YTX0WCEDYCzB+0SWMRB4BUBmwAfgdINfn+Fgry00KV99YjDCQLYncPcxEAfgYXALUGlj/y2hY29k cmTTJxERsDOSRWF8LXknIAXAcqJOb3s0V9sjADaxZzhwA6BQIEBhJnRFMWHeR3RBSWEokG8/BHAk gFCwQFAngYHyMi7+NzQpPpUggQWwBIF/1Atw/ySwIqABgBmAfwKJ2SwYM5F3h0I10SBCMYhrWMgh kkOXCfAtUAQgQoyRYXUhQf918DMhU/Iws1jVPmgCEDtg/1wjLTCIUDhQiJ8ggW7QJMD/BtBP8SFS PkEhkhHwhuFAQfeJGlx0OeE4QhU6Yos8kTbvGrJDERUwQfAumdA0NkN2fyBCmO1GcXs/YM6FsH1j Rn8sYQWwJ5CJ1SAyGYANsHPecCNAQJEuAANgcImddfD/UJEioAJgKIGM8jphj8BhIftRgC4wdXUj K0EAgFnCbbT/oPFjUIsMQzJekJMajnxFFHuhUzlkT5+BlMGcxgfCWc8FsGpQB2NhNUEyYdBUjvtg 0CrzcwdAB5FowB+QXEIvOIBkkAJABJAtdyFuLf9RgkkgM5Fw8yMROdJCIyEx/5VUA2BCoDnhdcQ1 VIdDQyD/IrBP4kyihQFBJgWgMQBQ0u9R4QhhQPEhcEEHgAUQf5HvdlOg0GpxOmFNAHAnkIRAvTth U0jwCeBsMgdAeXYy/5nzaCAgcB+QFTAycUsllXP/eVStxHcmJ5BsoSdCIZFFID8yUUkwAMBYYkSS RRMtcb8g8a7xX0EEoCyxWgJEBAD/tKMjkijCVbFcRWSQhRI/Yf8KsGZwTYJPlyrVRJG88VoE57kR WaQssmJpLNAopLjE+6+hBzF0J5AuME/BLLK/td+EP4VHfWOtVIoBJ621JCH/SOAFsAeRoXCG8gVA dPE54fctMIJDIDM3XqkgiwRgmhF/rzJRc6/CsSNcAX9QigJz/zcwz2EhcFFAJ3AjAH+ALOD3CGAR 8FvQbIzGJCF1IL9E74oCIzB4QLdiLbcgACC3sf3KQ0km8DpgIVJ/AqDQLKO/VbDHIUjBJBLF/tLD R39At9QEqm+reEOsIH1jQbGu/0qSC4AKUK5zoVB0QkiyrjD/T/G2oyyyIIt09q6fr6WtxP+L07Py KtSKAiqTu/Essq+Ev22ziiV5Nhqyg8i3mEoIYftoQWE1QqwgCo8X6ObVFFECAOkwAAADAPE/CQQA AAMA/T/kBAAAAwAmAAAAAAADADYAAAAAAAIBRwABAAAAMAAAAGM9VVM7YT0gO3A9QkxTO2w9RENQ Q1NNQUlMMS05OTAzMDgxNDQ3NThaLTIzNjMxAB4AOEABAAAADQAAAFJJQ0hBUkRTT05fRAAAAAAe ADlAAQAAAA0AAABSSUNIQVJEU09OX0QAAAAAQAAHMNA7Gqhyab4BQAAIMLBrMJhyab4BHgA9AAEA AAABAAAAAAAAAB4AHQ4BAAAAEQAAAEJMUyBEYWlseSBSZXBvcnQAAAAAHgA1EAEAAAA0AAAAPEUx NkVFQTRDRTlDN0QwMTE5QUU0MDA2MDk3MDVDRDg4QzVGRjI0QGRjcGNzbWFpbDE+AAsAKQAAAAAA CwAjAAAAAAADAAYQ+dkD9AMABxAqCgAAAwAQEAAAAAADABEQAAAAAB4ACBABAAAAZQAAAEJMU0RB SUxZUkVQT1JULEZSSURBWSxNQVJDSDUsMTk5OVJFTEVBU0VEVE9EQVk6RU1QTE9ZTUVOVFNJVFVB VElPTi0tUEFZUk9MTEVNUExPWU1FTlRST1NFSU5GRUJSVUFSWSwAAAAAAgF/AAEAAAA0AAAAPEUx NkVFQTRDRTlDN0QwMTE5QUU0MDA2MDk3MDVDRDg4QzVGRjI0QGRjcGNzbWFpbDE+AF9q ------_=_NextPart_000_01BE6972.98306BB0--
[PEN-L:4210] BLS Daily Report
Richardson_D Mon, 8 Mar 1999 09:47:58 -0500boundary="----_=_NextPart_000_01BE6972.98306BB0"