October Employment Situation Report: Better than September, still worse than 2007
Net private sector jobs increased in October climbing 2.10% above the level seen a year ago but remained below the peak level of employment seen in December 2007, according to the latest Employment Situation Report.
The latest Employment Situation Report indicated that in October, net non-farm payrolls increased by 204,000 jobs overall with the private non-farm payrolls sub-component adding 212,000 jobs while the civilian unemployment rate increased slightly to 7.3% over the same period.Skip to next paragraph
Writer, The PaperEconomy Blog
'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.
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Net private sector jobs increased 0.19% since last month climbing 2.10% above the level seen a year ago but remained 0.84% below the peak level of employment seen in December 2007.
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