Friday, June 3, 2016

Employment Situation: Nonfarm Payrolls and Civilian Unemployment May 2016

Today's Employment Situation Report indicated that in May, net non-farm payrolls increased by only a slight 38,000 jobs overall with the private non-farm payrolls sub-component added just 25,000 jobs while the civilian unemployment remained declined to 4.7% over the same period.

Net private sector jobs increased 0.02% since last month climbing 1.92% above the level seen a year ago and climbing 5.03% above the peak level of employment seen in December 2007 prior to the Great Recession.

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