Envisioning Employment: November 2012

by: Sold At The Top

Today’s employment situation report indicated that in November net non-farm payrolls increased, adding 146,000 jobs overall. The private non-farm payrolls sub-component added 147,000 jobs, while the civilian unemployment rate declined to 7.7% over the same period.

Net private sector jobs increased 0.13% since last month, climbing 1.76% above the level seen a year ago. But it remained a whopping 3.21% below the peak level of employment seen in December 2007.