Saturday, December 06, 2014

Employment Situation: Nonfarm Payrolls and Civilian Unemployment November 2014

Today's Employment Situation Report indicated that in November, net non-farm payrolls increased by a notable 321,000 jobs overall with the private non-farm payrolls sub-component adding 314,000 jobs while the civilian unemployment rate went flat at 5.8% over the same period.

Net private sector jobs increased 0.27% since last month climbing 2.30% above the level seen a year ago and climbing 2.11% above the peak level of employment seen in December 2007 prior to the Great Recession.