National News

US Employers Add 80,000 Jobs As Economy Struggles

by AP posted Jul 6 2012 8:54AM
     WASHINGTON (AP) - U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling.
     The Labor Department says the unemployment rate was unchanged at 8.2 percent.
     The economy has added just 75,000 jobs a month in the April-June quarter. That's one-third of 226,000 a month created in the first quarter.  Job creation is also trailing last year's pace through the first six months of 2012. 
     A weaker job market has made consumers less confident. They have pulled back on spending, even though gas prices have plunged. 
     High unemployment could shift momentum to Mitt Romney, the presumptive GOP presidential nominee.  An Associated Press-GfK poll released last month found that more than half of those surveyed disapproved of President Barack Obama's handling of the economy. 
Filed Under :
Topics : Business_FinanceLabor
Location : Washington
People : Barack Obama
07/06/2012 8:53AM
US Employers Add 80,000 Jobs As Economy Struggles
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