Market Data
October 7, 2014
Net Job Creation through September 2014
Written by Brett Linton
The Bureau of Labor Statistics (BLS) report on non-farm employment indicated that 248,000 jobs were added in September. August , which had been disappointing, was revised up by 38,000 and July was revised up by 31,000. The three month moving average, (3MMA) declined to 224,000 in September and has declined for three straight months but job recovery is now looking stronger than was the case in the mid-2000s, (Figure 1). In each of the last six months the 3MMA has exceeded 200,000 / month and the six month total has averaged 243,000. All numbers in this analysis are seasonally adjusted by the BLS. The total number employed in the US is now 139,435,000 people.
