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US employers add 80,000 jobs as economy...

US employers add 80,000 jobs as economy struggles

By: Magnolia Tribune - July 6, 2012

US employers add 80,000 jobs as economy struggles

U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling three years after the recession ended.

The Labor Department said Friday that the unemployment rate was unchanged at 8.2 percent.

The economy has added just 75,000 jobs a month in the April-June quarter. That’s one-third of 226,000 a month created in the first quarter. Job creation is also trailing last year’s pace through the first six months of 2012.

Clarion Ledger
7/6/12

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.