Changes to 2012 US job gains after gov't revisions

February 1, 2013 @ 3:11 pm

U.S. employers added 157,000 jobs in January, and hiring was much stronger at the end of 2012 than previously thought, providing reassurance that the job market held steady even as economic growth stalled.
The Labor Department's annual revisions showed bigger job gains in most months last year. Employers added 335,000 more jobs in 2012 than previously estimated. Overall, job gains averaged about 180,000 jobs per month last year, compared to the earlier estimate of 153,000.
Here are how the revisions look for each month:
2012 Previous estimate New estimate Difference
January 275,000 311,000 36,000
February 259,000 271,000 12,000
March 143,000 205,000 62,000
April 68,000 112,000 44,000
May 87,000 125,000 38,000
June 45,000 87,000 42,000
July 181,000 153,000 -28,000
August 192,000 165,000 -27,000
September 132,000 138,000 6,000
October 137,000 160,000 23,000
November 161,000 247,000 86,000
December 155,000 196,000 41,000
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