Economy
August 12, 2015
Net Job Creation through July 2015
Written by Peter Wright
The Bureau of Labor Statistics (BLS) analysis of non-farm employment reported on Friday that 215,000 jobs were added in July which was slightly less than consensus expectations. May and June were revised up by a total of 14,000. Monthly job gains have averaged 246,500 over the past seven months. In the 12 months through July, employment growth averaged 242,900 per month. The three month moving average (3MMA) of gains through July was 235,000 which was up by 9,000 from June (Figure 1).
