Friday, July 6, 2012

Envisioning Employment: Employment Situation June 2012

Today’s Employment Situation Report indicated that in June, net nonfarm payrolls increased only slightly with private nonfarm payrolls adding just 84,000 jobs while the unemployment rate went flat at 8.2% over the same period.

Net private sector jobs increased 0.08% since last month climbing 1.78% above the level seen a year ago but but remained a whopping 3.86% below the peak level of employment seen in December 2007.