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4Q-17/ 4Q/3Q 4Q/3Q
3Q-17 4Q-17 3Q-17 annual'd annual'd
Avg Avg %chg %chg %chg**
Index of aggregate hrs. 107.3 107.6 0.2 1.0 1.5
Avg. hourly earnings 26.5 26.5 0.3 1.2 1.8
Avg. hourly earnings (mfg) 26.7 26.8 0.4 1.6 2.4
3Q-17 4Q-17 3Q-17
Avg Avg chng
Non-farm payrolls (chg) 121 261 140
Private payrolls (chg) 111 252 141
Mfg payrolls (chg) 13 24 11
Construction (chg) 9 11 2
Pool of Avail Workers (lvl) 12602 11705 -897
**Assumes annualization is 12 divided by the number of months between
the center of the mass of data. This results in an exponent of
6.0 for one month of data in the qtr and an exponent of 4.8
when two months of a quarter's data are available.
** MNI Washington Bureau (202) 371-2121 **