Today’s Employment Situation Report indicated that in November, net non-farm payrolls increased by 203,000 jobs overall with the private non-farm payrolls sub-component adding 196,000 jobs while the civilian unemployment rate declined to 7.0% over the same period.Net private sector jobs increased 0.17% since last month climbing 2.06% above the level seen a year ago but remained 0.66% below the peak level of employment seen in December 2007.
