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Tuesday, February 17, 2015

Jobs Created Lost January 2015

 March 2015 jobs, unemployment reports HERE.


How Many Jobs Created (Gained) or Lost by U. S. firms or companies in January 2015?
  • 257,000 TOTAL payroll jobs were ADDED or CREATED in seasonally adjusted numbers.
  • 267,000 PRIVATE payroll sector jobs were ADDED or CREATED in seasonally adjusted numbers.
  • 10,000 GOVERNMENT (federal, state, and local) jobs were LOST in January. 
  • 759,000 MORE people employed.
  • 777,000 MORE people employed full-time. 
  • 40,000 MORE people employed part-time.
  • 20,000 FEWER people employed part-time involuntarily.  (In other words, people who want full-time work but can only find part-time work.)
  • 1,051,000 MORE people in the civilian labor force (people either working or looking for work).
  • 291,000 MORE people unemployed.
  • Unemployment rate increased slightly to 5.7% primarily due to an increase in the number of people who entered the labor force and started to look for work.

To Summarize:  

In summary, there are many many more payroll jobs and more people employed.  Almost all of the newly employed people are working full-time vs. part-time.  

The unemployment rate increased slightly due to the number of people entering the labor force.  As usual, the numbers in any one month need to be taken with a grain of salt, as any movements in any one month are not necessarily trends.  However, we have now had 59 consecutive months of private sector job creation, a record as long as such numbers have been kept.  


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