Friday, September 04, 2015

Employment Situation: Nonfarm Payrolls and Civilian Unemployment August 2015

Today's Employment Situation Report indicated that in August, net non-farm payrolls increased by a by 173,000 jobs overall with the private non-farm payrolls sub-component adding 140,000 jobs while the civilian unemployment rate declined to 5.1% over the same period.

Net private sector jobs increased 0.12% since last month climbing 2.37% above the level seen a year ago and climbing 4.00% above the peak level of employment seen in December 2007 prior to the Great Recession.