WNYT.com

US employment changes since 2000, at a glance

Updated at: 01/04/2013 3:37 PM
By The Associated Press
U.S. employers have added about 1.84 million jobs in each of the past two years, or about 153,000 a month. While steady, that level of hiring has barely repaired the damage left by the Great Recession.
In the past three years the economy has created only 4.7 million jobs _ little more than half the 8.7 million jobs lost in 2008 and 2009.
If job gains continue at the same pace as the past two years, it would take until early 2015 for the U.S. to regain all the jobs it lost since December 2007, when the recession began.
Some economists forecast that hiring may improve slightly this year. Nigel Gault, chief U.S. economist at IHS Global Insight, projects that the economy could gain 2 million positions in 2013.
Here are the total job gains or losses in each of the past 12 years, along with the average monthly changes:
Job growth Annual Monthly average
2012 1,835,000 153,000
2011 1,840,000 153,000
2010 1,027,000 86,000
2009 -5,060,000 -422,000
2008 -3,603,000 -300,250
2007 1,100,000 92,000
2006 2,068,000 172,000
2005 2,498,000 208,000
2004 2,057,000 171,000
2003 84,000 7,000
2002 -545,000 -45,000
2001 -1,761,000 -147,000
2000 1,948,000 162,000
Last year’s monthly gain of 153,000 was the same as in 2011. Underneath that stability, however, were some significant swings:
Month, 2012 Job Gains (in thousands)
January 275
February 259
March 143
April 68
May 87
June 45
July 181
August 192
September 132
October 137
November 161
December 155

(Copyright 2013 by The Associated Press. All Rights Reserved.)