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.
