Last week’s Employment Situation Report indicated that in June, net non-farm payrolls increased by 195,000 jobs overall with the private non-farm payrolls sub-component adding 202,000 jobs while the civilian unemployment rate went flat at 7.6% over the same period.Net private sector jobs increased 0.18% since last month climbing 2.11% above the level seen a year ago but remained 1.40% below the peak level of employment seen in December 2007.
