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WASHINGTON, Nov. 4 (Xinhua) -- U.S. job market slowed expansion pace, while jobless rate edged down to 4.9 percent, and wage growth accelerated in October.
Total nonfarm payroll employment rose by 161,000 in October, following revised gains of 191,000 in September, said the Labor Department on Friday. Job gains in the month were slightly below market expectation of about 170,000.
The Labor Department revised up the job gains in August and September, with the combined employment gains in the two months 44,000 more than previously reported. Over the past three months, job gains have averaged 176,000 per month.
The jobless rate edged down to 4.9 percent from September's 5 percent, close to the level of full employment.
The labor force participation rate, the share of the working-age population employed or looking for a job, went down slightly to 62.8 percent in the month from September's 62.9 percent.
Average hourly earnings for all employees increased 10 cents to 25.92 U.S. dollars, following an 8-cent increase in September. The average hourly earnings have risen by 2.8 percent over the year, the fastest 12-month pace since the recovery began.
Total nonfarm employment rose by 161,000 jobs, slightly below the monthly average for 2016 so far but substantially higher than the pace of about 80,000 jobs a month needed to maintain a low and stable unemployment rate, said Jason Furman, chairman of the Council of Economic Advisers under the White House, on Friday.
The U.S. Federal Reserve on Wednesday left interest rates unchanged amid uncertainty about market reactions to the outcome of the U.S. presidential election.
However, the Fed signalled that the central bank could raise rates again as soon as December, because officials saw a pick-up in the U.S. economy and inflation.
Most Fed officials have indicated that they would back another rate hike before the end of the year if the U.S. economy remains on track.
"If the economy stays on its current trajectory...we'll see an interest rate hike later this year," President of Federal Reserve Bank of New York William Dudley said last month, adding that a quarter-point hike this year "is not really that big a deal."
The Fed will hold its next policy meeting, also the final of the year, on Dec. 13-14. About 81 percent of 59 economists surveyed by the Wall Street Journal last month expected the Fed would wait until December to raise rates. Enditem
By Zhang Qian
BEIJING nike cortez classic sp uk , Sept. 28 (Xinhuanet) -- Confucius, China’s greatest philosopher, educator and thinker, was born some 2,500 years ago and his birthday will be celebrated next Tuesday, the 27th day of the eighth month on the lunar calendar.
The thinking of Confucius (551-479 BC) nike cortez classic nylon uk , or Confucianism, became the cornerstone of traditional Chinese society and endures today. During the Han Dynasty (206 BC-AD 220) it was the official state ideology.
Confucius emphasized personal and governmental morality, correct social relationships and forms, justice and sincerity. Virtuous actions and personal cultivation were essential. Confucius was practical, not spiritual. His teachings, which emphasized human education and improvement nike cortez classic uk sale , contrasted with the legalist tradition of many rulers.
Within China, ceremonies are usually carried out at Confucian temples such as the one in Confucius’ hometown, Qufu in Shandong Province.
Burning incense and offering sacrifices are common, as are traditional ceremonies that demonstrate values that Confucius promoted, such as the six classical arts — rites, music nike cortez classic uk womens , archery, riding, writing and arithmetic.
There were more than 2,000 Confucian temples in China during the Qing Dynasty (1644-1911), while only a small portion have been preserved. The temple in Qufu, as well as those in Beijing and Quzhou in Zhejiang Province nike cortez classic uk , are among the biggest and best known, while some small temple buildings are now used as museums or schools.
The Shanghai Wenmiao (Confucian Temple) at 215 Wenmiao Road in Huangpu District was established in the 14th century and is still standing, though it has been renovated or rebuilt several times. From 1851 to 1855, it was occupied by the rebel Small Swords Society and was almost completely destroyed during the battle when government troops retook control of it. The government eventually decided to rebuild the temple at the present site.
The temple was damaged during the “cultural revolution” (1966-1976), but in 1995 it was designated for renovation by the local government.
Part of it is a very popular second-hand book market.
Confucius, whose actual name was Kong Qiu nike cortez retro uk , grew up in poverty after his father, a magistrate and soldier, died when the boy was three years old. Confucius grew up in the Lu State at a time of political instability. At the age of 22, he started the first private school in China, teaching his philosophy of ideal personal conduct, benevolence nike cortez ultra breathe uk , and justice by law.
Numerous scholars, including Confucius, sought opportunities as advisers to different states and kingdoms of the time.
Confucius was received with great respect by the rulers of the states he visited, and he even seems to have received occasional payments. He spent much of his time developing his ideas on the art of government, as well as continuing his teaching. He acquired a large following, and the solidification of the Confucian school probably occurred during these years.
He didn’t win his first position in the Lu State until he was 51 nike cortez flyknit uk , and soon gave it up when he was disappointed by the ruler and other officials who were immersed in nothing but pleasure.
Little is known about his final years, though his only son died about this time; his favorite disciple, Yen Hui, died in 484 BC; and in 480 BC, another disciple, Tzu-lu nike cortez sp uk , was killed in battle.
Confucius felt all of these losses deeply, an. |
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