NPR

Jobs Report: 5 Key Numbers And 1 Graph

The job market is getting stronger, but it's still far from healthy, according to this morning's big employment report.

Getting Stronger:

* The U.S. added 227,000 jobs in February.

* Job growth was even higher than previously reported over the past few months. Employers added 284,000 jobs in January — 41,000 more than initial estimates suggested. The December jobs number was also revised upward. Initial estimates often underestimate job gains when the economy is gaining strength.

Still far from healthy:

* There are 5 million fewer jobs today than there were five years ago, before the recession.

* Wages are not rising fast enough to keep up with inflation. Average hourly earnings rose by 1.9 percent over the past year; inflation was just under 3 percent.

* There are 23.5 million Americans who are either unemployed, are working part-time because they can't find full-time work, or want a job but have given up looking. This number — known as broader unemployment, or U-6 — is falling, but it's still nearly twice as high as it was before the recession. It's shown in the graph at the top of this post.

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Most Popular