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Employment Report Bad, but not that bad…

May 2, 2008

Non-Farm Payrolls | Reported -20,000 | Est -75,000 | Prior -80,000 | ELEVATED

Unemployment Rate | Reported 5.0% | Est 5.2% | Prior 5.1% | ELEVATED

Average Work Week | Reported 33.7 | Est 33.7 | Prior 33.8 | ELEVATED

Hourly Earnings | Reported 0.1% | Est 0.3% | Prior 0.3% | ELEVATED

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