AUG#: +130,000 jobs.

Unemployment up at 3.7%...AUG jobs under Trump HERE

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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