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June Job Creation at 80,000; Unemployment Rate Holds Steady at 8.2%

Evil 1 2012/07/06 12:48:47

The U.S. economy created just 80,000 jobs in June and the unemployment rate held steady at 8.2 percent, reflecting continued slow growth in the economy with the presidential election just four months away.


The Bureau of Labor Statistics said private payrolls increased 84,000, while the government lost 4,000 jobs. Economists expected job growth of about 100,000 and the unemployment rate to be unchanged, though many had increased their forecasts based on some recent indicators.


With yet another month of weak employment growth, the second quarter marks the weakest three-month period in two years.

Read More: http://www.cnbc.com/id/48092010

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  • Mr.Steve 2012/07/06 14:50:20
  • Jackie G - Poker Playing Pa... 2012/07/06 14:17:51
    Jackie G - Poker Playing Patriot
    +1
    This is dreadful - we have got to oust Obama - there is no reason to keep this man and his bad, bad policies
  • Mark P. 2012/07/06 14:11:34
    Mark P.
    +1
    Next week they will put out revised numbers less than that 80000 number released today.
  • Aurora 2012/07/06 12:55:04
    Aurora
    +3
    Another Recovery Summer Bummer brought to you by the Omen Administration.
  • Kat ♪.BTO-t-BCRA-F~PWCM~ 2012/07/06 12:50:55
    Kat ♪.BTO-t-BCRA-F~PWCM~
    +3
    http://www.usdebtclock.org The true state of the economy and unemployed. The government doesn't count the ones no longer looking.
  • Evil 1 Kat ♪.B... 2012/07/06 13:03:53
    Evil 1
    +2
    If they did that the true unemployment number would be just shy of 20%. Why would the government, especially Obama, want to tell the people the truth. Obama would rather ride around on his bus, drinking beer, eating pizza and lying through his narcissistic a** about his accomplishments. I just can't believe how many idiots still believe him.
  • Kat ♪.B... Evil 1 2012/07/06 13:05:14
    Kat ♪.BTO-t-BCRA-F~PWCM~
    +2
    It is amazing how many brainwashed idiots that should know better are taking the bait.

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