| Private wage and salary disbursements decreased $17.1 billion in October, in contrast to an increase
of $22.4 billion in September. The October decrease in private wages and salaries reflected work
interruptions caused by Hurricane Sandy, which reduced wages and salaries by $18.2 billion at an
annual rate.
Goods-producing industries' payrolls decreased $3.6 billion in October, in contrast to an increase of $3.9 billion in September; manufacturing payrolls decreased $2.1 billion, in contrast to an increase of $1.8 billion. Services-producing industries' payrolls decreased $13.5 billion, in contrast to an increase of $18.3 billion. Government wage and salary disbursements increased $0.1 billion, compared with an increase of $1.7 billion. Source: USDOC-BEA |
30 November 2012
• U.S. Payrolls Shrank Thanks to Sandy – October 2012
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