November 2014
Highlights for policy makers: Unemployment Rate Declines to 7.2%; Total Employment Climbs 70,700 Labor Force Participation Rate Remains at 1976 Levels 1/5 of Total Employed in Part Time Work Nonfarm Jobs Increase 90,100 Jobs Growth Adjusted for Population Near National Average 5 Industries Remain Below 2007 Pre-Recession Job Levels Second Largest Job Growth in Jobs Paying Average Annual Wage of $14.3k 12 Counties Remain in Double-Digit Unemployment, Up from 8 in October Two-Tier Economy Persists