Friday, May 4, 2012

Envisioning Employment: Employment Situation April 2012

Today’s Employment Situation Report indicated that in April, net nonfarm payrolls increased with private nonfarm payrolls adding 130,000 jobs and the unemployment rate declining slightly to 8.1% over the same period.

Net private sector jobs increased 0.12% since last month climbing 1.86% above the level seen a year ago but but remained a whopping 3.97% below the peak level of employment seen in December 2007.