Today’s Employment Situation Report showed that in October, net nonfarm payrolls increased slightly from September with private nonfarm payrolls adding just 104,000 jobs and the unemployment rate remaining flat at 9.0% over the same period.Net private sector jobs increased 0.10% since last month climbing 1.69% above the level seen a year ago but but remained a whopping 5.25% below the peak level of employment seen in December 2007.
