Envisioning Employment: Employment Situation, April 2013

by: Sold At The Top

Today's Employment Situation Report indicated that in April, net non-farm payrolls increased by 165,000 jobs overall. It also showed the private non-farm payrolls subcomponent adding 176,000 jobs, while the civilian unemployment rate declined to 7.5% over the same period.

Net private sector jobs increased 0.16% since last month. That is 1.94% above the level seen a year ago, but that number remained 1.76% below the peak level of employment seen in December 2007.