Bloomberg by the Numbers: 202,000

Photograph by Mark Elias/Bloomberg

Technician Dennis Sibley installs electrical systems cable in an Embraer SA Phenom 300 Light business jet at the company’s executive jet manufacturing facility in Melbourne, Florida.

That’s how much nonfarm employment grew on average per month in the first half of 2013.

That exceeds the average monthly job growth of 180,000 in the second half of 2012 and 185,000 in the first half of 2012.

The employment data “tell a more positive story” about the economy than the rate of growth in the gross domestic product, Bloomberg’s Shobhana Chandra reported.

GDP increased at an annual rate of 1.8 percent in the first quarter and by 0.4 percent in the fourth quarter of 2012. The government this week will release second-quarter growth estimates and revise previously reported data.

“The weight of the evidence also tips the balance toward a more favorable outcome as federal tax receipts rise at the fastest pace in six years, measures of consumer confidence reach the highest levels since at least 2008, and sales of autos and homes and housing rebound,” Chandra reported.

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