December 2015 Employment Labor Report

 

December 2015 Bureau of Labor Statistics (BLS) employment report states that employment rose by 292,000 jobs in the private, non-farm sector. Job gains occurred in the professional and business services, health care,food services and drinking places, and construction. Both the unemployment rate and number of unemployed persons remained unchanged for the third month in a row at 5% and 7.9 million respectively.

BLS also reports that the December average hourly earnings for private, non-farm payrolls declined by -1 cent to make $25.24/hour. Year-over-year, the average hourly earnings have increased by 2.5% from 2014-2015. Additionally, the average hourly earnings of private-sector production and non-supervisory employees increased by 2 cents in December to make $21.22.