Economy
December 6, 2015
Net Job Creation by Industry through November 2015
Written by Peter Wright
The Bureau of Labor Statistics (BLS) analysis of non-farm employment reported on Friday that 211,000 jobs were added in November, which was in line with economist’s consensus expectations. Both September and October were revised up by a total of 38,000.
The three month moving (3MMA) of gains through November was 218,000. The unemployment rate, U3, calculated from a different survey, remained constant at 5.0 percent. Monthly job gains have averaged 210,000 per month in the eleven months of 2015 (Figure 1).
