• U.S. Payrolls – November 2012

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Private wage and salary disbursements increased $41.1 billion in November, in contrast to a decrease of $16.3 billion in October. 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 increased $4.7 billion in November, in contrast to a decrease of $3.9 billion in October; manufacturing payrolls increased $3.6 billion, in contrast to a decrease of $2.6 billion. Services-producing industries' payrolls increased $36.4 billion, in contrast to a decrease of $12.4 billion. Government [which apparently produces neither goods nor services] wage and salary disbursements increased $0.6 billion, in contrast to a decrease of $1.6 billion. Source: USDOC-BEA

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