Friday, July 08, 2016

Employment Situation: Nonfarm Payrolls and Civilian Unemployment June 2016

Today's Employment Situation Report indicated that in June, net non-farm payrolls increased by a notable 287,000 jobs overall with the private non-farm payrolls sub-component adding 265,000 jobs while the civilian unemployment increased to 4.9% over the same period.

Net private sector jobs increased 0.22% since last month climbing 1.94% above the level seen a year ago and climbing 5.24% above the peak level of employment seen in December 2007 prior to the Great Recession.