Friday, June 1, 2007

WRAPUP 1-U.S. May jobs growth strong, prices muted

(Reuters) - That handily outstripped estimates for 130,000 jobs from
Wall Street economists surveyed by Reuters and fit with other
recent evidence that the pace of economic activity was bouncing
back from a soft patch in the first three months of the year.




A separate report from the Commerce Department showed that
core consumer prices -- a key inflation measure -- rose a
smaller-than-expected 0.1 percent in April, suggesting that
inflation pressures remained in check, despite signs of
economic resilience.


Read more at Reuters.com Economic News

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