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Home | Economy gained only 18,000 jobs in June |
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Economy gained only 18,000 jobs in June
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- July 08, 2011
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The job market hit a major roadblock last month, as hiring slowed to a crawl and the unemployment rate unexpectedly rose. The economy gained just 18,000 jobs in the month, the government reported Friday, sharply missing most expectations and coming in even weaker than the paltry 25,000 jobs added in May. Economists were eagerly awaiting this month's report, following a dismal report from May that originally showed a gain of just 54,000 jobs.
- Read more at:http://rss.cnn.com/~r/rss/money_topstories/~3/Q0aD0XAO6B8/index.htm
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