THE BASIS POINT

Real (population adjusted) Jobs Growth for Past Year is 14,000 total

BLS Employment Situation Report (December 2012)

– Nonfarm Payrolls –   +155,000 
– Unemployment Rate – 7.8%. Previous was 7.8%
– Average Hourly Earnings – Month/Month 0.3%
– Average Workweek – All Employees 34.5 hrs. Previous was 34.4

The real (population adjusted) increase in jobs over the last 12 months is 14,000 total. 

Factory Orders (November 2012)

– Factory Orders were deal flat.

ISM Non-manufacturing Index (December 2012)

– Index level was 56.1.

 The monthly detailed look inside the Employment Situation Report will be posted here shorthy.

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