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12 March 2001 10:56  US average hourly earnings rose seven cents in February


Average hourly earnings rose seven cents in February, the fourth consecutive month that over-the-year increases were above 4.0% and evidence earnings have elevated off a two-year plateau, a senior Bureau of Labor Statistics analyst said Friday morning. Also, perhaps most interesting in the month's report, which saw an above-expectations payrolls increase of 135,000, was what didn't happen, he said. Help supply did not decline, nor did construction, when both could have been expected to.
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