Job Growth Falters Badly, Clouding Hope for Recovery

For the second month in a row, employers added barely any jobs in June, showing that the economic recovery has hit a serious speed bump.

With all levels of government laying off workers, the Labor Department reported that employers eked out just 18,000 new nonfarm payroll jobs in June. The already low number created in May was also revised downward to a dismally small 25,000 new jobs, less than half of what was originally reported last month.  Read more

Categories: Economics, United States

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