Unemployment Rises to 9.2 Percent

Yesterday’s report that weekly jobless claims were lower than expected and the number of private sector jobs added to the economy in May was higher than expected is countered by today’s disappointing news on the June unemployment rate.  Only 18,000 jobs were added to the economy in June, the fewest number added in 9 months and the national unemployment rate rose to 9.2 percent.

Read more here.

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