ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | Paul Davidson | Economics and Jobs Reporter
| | | | | A Help Wanted sign YinYang / Getty Images |
Happy Wednesday, Daily Money readers! It's Paul Davidson bringing you the latest headlines. |
Job growth was strong last year − just not quite as booming as believed. |
The U.S. economy added 306,000 jobs fewer than first estimated in the 12 months ending this past March, according to the Bureau of Labor Statistics' annual benchmark revision . Thus, during that period, average monthly job gains averaged a still robust 311,500 instead of 337,000. |
The latest tally is based mostly on state unemployment insurance records that reflect actual payrolls while the prior estimate was from surveys that produce data for the monthly jobs report. Wednesday's estimate is preliminary and will be finalized early next year. |
UPS and Teamsters avert strike |
Good news: There will be no disruption in your Amazon package deliveries. |
The five-year contract provides higher wages as well as about 60 other changes and improvements. |
The Teamsters, which represent about 340,000 UPS workers nationwide, voted 86.3% to ratify the agreement. |
📰More stories you shouldn't miss📰 |
A year ago, a New York baseball fan took a hot dog, carved it out to make a straw and dipped it into a beer glass to sip his brew. The incident was record and went viral, making Internet history. |
The Oscar Mayer Hot Dog Straw, commemorating the event, is available for pre-order nationwide while supplies last. |
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