Archive for June, 2012

Despite Record Profits, April Jobs Report Dismal With Only 69,000 Jobs Added

By Justin Gardner | Related entries in Economic recovery, Economy

CNBC has the details… As another summertime swoon looms, the Bureau of Labor Statistics reported that job creation missed economist estimates for 158,000 new positions and the jobless rate rose for the first time in nearly a year. Labor force participation remains near 30-year lows though incrementally better than last month, rising to 63.8 percent. […]

June 1st, 2012 | Permalink| No Comments »