Today’s employment report shows glimmers of hope for the job market, most notably the addition of 200,000 payroll jobs in December. Yet a strong jobs recovery remains elusive. The overall jobs deficit remains large, the labor force shrank for the second straight month and the proportion of people aged 16 and over who have a job continues to be depressed. Jobs are still hard to find, especially for the long-term unemployed.
Below are some charts to show how the new figures look in historical context. See our statement with further analysis.