Envisioning Employment: Employment Situation March 2012

Today’s Employment Situation Report indicated that in March, net nonfarm payrolls increased with private nonfarm payrolls adding 120,000 jobs and the unemployment rate going flat at 8.2% over the same period.

Net private sector jobs increased 0.11% since last month climbing 1.93% above the level seen a year ago but but remained a whopping 4.14% below the peak level of employment seen in December 2007.