STATE OF BUSINESS: Personal Columns

The economic indicators that have the biggest personal impact on the U.S. workingman—employment, work week and salaries—are steadily moving upward. Last week the Labor Department reported that employment in June climbed to 67,342,000. the highest level in U.S. history and a gain of 4,600,000 since February.

Most significant in the move to new ground, said the Labor Department, is the 500,000 jump in nonagricultural employment to the 60 million mark for the first time. Since agricultural employment is more subject to seasonal variances, the nonagricultural gain indicates a broad base of strength that is likely to increase. In addition to...

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