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details in the programme. it s saturday the fifth of november. our main story: passengers are being warned to expect significant disruption on the railways today, despite strike action being called off. tens of thousands of rail workers had been due to walk out in the long running dispute over pay and working conditions. strikes planned for monday and wednesday have also been cancelled, as negotiations between the rmt union and train operators are stepped up. our business correspondent, marc ashdown reports. today s strike action may have been called off but widespread disruption will continue. network rail welcomed the decision but says services which had been cancelled can t be reinstated at such late notice. a reduced strike timetable means just 20% of services will run across england, scotland and wales. those which do will start much later and finished by the early evening. thousands of members of the rmt union of 1a real companies and network rail are involved in ....
Depth. the workforce parties ration rate is 62.9%. this is stubbornly low, the people who could be working who weren t working. this should be in the high 60s and it s in the low 60s. it s been that way for a few years. this is really important for people to think about. the average hourly wage is now $26.19. so compare that to what you earn and understand that that is up 2.5% from last year. this is important. is your wage up 2.5% from last year? have you done better than that? you re doing better than the average. if you re not getting the 2.5% raise, you re doing a little less than the average. but the idea that wages are going up means that we ve finally soaked up some of the access that came from the recession and wages are starting to creep up. we ve seen that for a year, chris. since you re hundreds of miles away, it s safe for me to ask you it s better number because of trump? okay. just kidding. ....
Health care. this was stable, construction, manufacturing, retail. retail has been losing a lot of jobs so it s good to see it was a little bit same. important number here, 62.9, workforce participation rate. this should be in the high 60s. some people turned away. they decided they re not getting a job. that s why that number is low. $26.19, average hourly earnings, up 2.5% compared to a year ago. that s good. that shows we re soaking up some of the extra labor. here s a problem, maybe not for all of you, but $46.22 for a barrel of oil. it was under $44 overnight. it s a problem because when it s under sort of $ 55, we don t produce as much oil in the united states. i do want to give you a point of reference, though, going back to 2012, take a look at the price of oil. it dropped down in 2015, much lower about a year ago. we re hanging around this level. oil here, needs to be about here for american oil jobs to be present. i want to make sense of all of this with a guy who knows more ....
This is a very, very popular sector. it doesn t necessarily mean doctors and nurses, it could mean health care who earn less money per year. retail and construction, little change. 62.9% is the percentage of people who could be working. it s been in the 60s for a long time. it s been edging down for a few years. that s a bit of a problem. some people are just not going to work, they re not looking for work. $26.19 is the average hourly earning in the united states. that s been going up for over a year. it s up 2.5%. are you making 2.5% more than you did last year? if you are making it, you re okay. that is a synopsis of the jobs picture for april 2017. ....