Economy
January 10, 2016
Net Job Creation by Industry through December 2015
Written by Peter Wright
The Bureau of Labor Statistics (BLS) analysis of non-farm employment reported on Friday that 292,000 jobs were added in December, which was better than economist’s consensus expectations. October was revised up by 9,000 and November up by 41,000. The three month moving (3MMA) of gains through December was 284,000. The unemployment rate, U3, calculated from a different survey, remained constant at 5.0 percent. Monthly job gains have averaged 221,000 per month in the twelve months of 2015 (Figure 1).
