December 2014
Highlights for policy makers: Unemployment Rate Declines to 7.0%; Total Employment Climbs 40,000 Labor Force Participation Rate Stays Level but Remains at 1976 Levels One in Five Employed are in Part Time Work Nonfarm Jobs Increase 700 Jobs Growth Adjusted for Population Near National Average 6 Industries Remain Below 2007 Pre-Recession Job Levels 15 Counties Remain in Double-Digit Unemployment, Up from 12 in November Two-Tier Economy Persists Data Revisions and Updates