Post by The Great Aztec Joe on Aug 6, 2010 6:34:35 GMT -8
U.S. Companies Add 71,000 Jobs; Unemployment at 9.5%
Companies in the U.S. added workers in July for a seventh straight month at a pace that suggests the labor-market recovery will be slow to take hold.
Private payrolls that exclude government agencies rose by 71,000 after a June gain of 31,000 that was smaller than previously reported, Labor Department figures in Washington showed today. Economists projected a 90,000 July increase, according to the median estimate in a Bloomberg News survey. Overall employment fell 131,000 and unemployment held at 9.5 percent.
Stock-index futures fell as the report showed an economy that will be slow in recouping the 8.4 million jobs lost since the recession began in December 2007
www.bloomberg.com/news/2010-08-06/company-payrolls-rose-by-71-000-in-july-u-s-jobless-rate-9-5-.html
FEARLESS LEADER IS WORKING A MIRACLE IN STOPPING THIS DEPRESSION.
Companies in the U.S. added workers in July for a seventh straight month at a pace that suggests the labor-market recovery will be slow to take hold.
Private payrolls that exclude government agencies rose by 71,000 after a June gain of 31,000 that was smaller than previously reported, Labor Department figures in Washington showed today. Economists projected a 90,000 July increase, according to the median estimate in a Bloomberg News survey. Overall employment fell 131,000 and unemployment held at 9.5 percent.
Stock-index futures fell as the report showed an economy that will be slow in recouping the 8.4 million jobs lost since the recession began in December 2007
www.bloomberg.com/news/2010-08-06/company-payrolls-rose-by-71-000-in-july-u-s-jobless-rate-9-5-.html
FEARLESS LEADER IS WORKING A MIRACLE IN STOPPING THIS DEPRESSION.
