
Simon Says: Employment and Earnings Off to a Good Start
The Augusta Labor Market Index (LMI) for the first quarter of 2015 increased by 0.25 percent. This compares favorably to the Georgia LMI, which decreased by 0.2 percent and is just below the growth rate of the LMI for South Carolina, which was 0.3 percent. In Augusta, employment increased by 500 jobs, and average weekly earnings were up $38.20. Hours worked fell by 42 minutes. The two other components in the LMI are the unemployment rate and the labor force. Normally, my favorite site, the Federal Reserve Economic Data (FRED),

