Skip to comments.Worst Quarter for Jobs Growth Since 2010
Posted on 07/06/2012 1:59:37 PM PDT by markomalley
Americas job market hasnt been this feeble since the economy started adding jobs regularly two years ago.
The latest data show the U.S. economy added an average of 75,000 jobs per month between April and June. Thats paltry compared with the average of 225,000 jobs notched in the first three months of the year. Worse, its the weakest quarter for job growth since the third quarter of 2010, when the economy lost an average of 45 jobs each month.
(Excerpt) Read more at blogs.wsj.com ...
And just think, a large portion of that number is part-time, temporary, and summertime jobs. Of course, even that number will be quietly downsized sometime in July on a Friday afternoon.
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