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.
