Friday, February 07, 2014

Envisioning Employment: Employment Situation January 2014

The latest Employment Situation Report indicated that in January, net non-farm payrolls increased by 113,000 jobs overall with the private non-farm payrolls sub-component adding 142,000 jobs while the civilian unemployment rate declined to 6.6% over the same period.

Net private sector jobs increased 0.12% since last month climbing 2.02% above the level seen a year ago and climbing 0.02% above the peak level of employment seen in December 2007 prior to the Great Recession.