Friday, August 01, 2014

Employment Situation: Nonfarm Payrolls and Civilian Unemployment July 2014

Today's Employment Situation Report indicated that in July, net non-farm payrolls increased by 209,000 jobs overall with the private non-farm payrolls sub-component adding 198,000 jobs while the civilian unemployment rate declined rose to 6.2% over the same period.

Net private sector jobs increased 0.17% since last month climbing 2.16% above the level seen a year ago and climbing 1.22% above the peak level of employment seen in December 2007 prior to the Great Recession.

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