Friday, September 05, 2014

Employment Situation: Nonfarm Payrolls and Civilian Unemployment August 2014

Today's Employment Situation Report indicated that in August, net non-farm payrolls increased by 142,000 jobs overall with the private non-farm payrolls sub-component adding 134,000 jobs while the civilian unemployment rate declined to 6.1% over the same period.

Net private sector jobs increased 0.11% since last month climbing 2.12% above the level seen a year ago and climbing 1.34% above the peak level of employment seen in December 2007 prior to the Great Recession.