Net Job Creation by Industry through February 2015

The Bureau of Labor Statistics (BLS) reported on Friday in their analysis of non-farm employment that 242,000 jobs were added in February, up from 172,000 in January, December and January were revised up by a total of 30,000. More detail on this report is included at the end of this piece.

The three month moving (3MMA) of gains through February was 228,000. The unemployment rate, U3, calculated from a different survey, remained unchanged in February at 4.9 percent, down from 5.0 percent in December. Monthly job gains have averaged 212,000 per month in the fourteen months since and including January 2015 (Figure 1).