Economy
March 13, 2017
Net Job Creation by Industry through February 2017
Written by Peter Wright
The Bureau of Labor Statistics (BLS) released the February employment data on Friday which was a week later than normal. This was the best result for goods producing industries (mainly construction and manufacturing) since August 1998. The preliminary result for net job creation in February was 235,000. December was revised down by 2,000 and January revised up by 11,000. Using a three month moving average (3MMA), the result for February was 209,000 up from 186,000 in January. Figure 1 shows the 3MMA of the number of jobs created monthly as the brown bars since 2000.
