Friday, March 04, 2016

Employment Situation: Nonfarm Payrolls and Civilian Unemployment February 2016

Today's Employment Situation Report indicated that in February, net non-farm payrolls increased by a notable 242,000 jobs overall with the private non-farm payrolls sub-component adding 230,000 jobs while the civilian unemployment went flat at 4.9% over the same period.

Net private sector jobs increased 0.19% since last month climbing 2.18% above the level seen a year ago and climbing 4.78% above the peak level of employment seen in December 2007 prior to the Great Recession.