Friday, July 6, 2012

Jobs report

  • The jobs report prompted immediate speculation that the Federal Reserve would engage in a new round of quantitative easing -- buying Treasury securities to support the economy.
  • (MSN Money)
  • How many jobs did the United States add last month? It shouldn't be a hard question. But the answer depends on when you ask it. Today's jobs report says the economy added 80,000 jobs in June.
  • (Forbes)
  • (CBS/AP) NEW YORK - Stocks fell on Wall Street Friday after the U.S. government reported that only 80,000 jobs were created in June, the third straight month of weak hiring. The Dow Jones industrial average closed down 124 points to 12,772.
  • (CBS News)
  • Investors abandoned stocks Friday after the U.S. government reported that only 80,000 jobs were created in June, the third straight month of weak hiring. The Dow Jones industrial average fell 124.20 points to close at 12,772.47.
  • (NPR News)
  • The U.S. economy created a dismal 80,000 jobs last month — less than the growth of the national workforce — and the unemployment rate remained stagnant at 8.2 percent, a potentially bad omen for President Obama as the election looms just months away.
  • (Boston Herald)
  • Todays lackluster jobs report put Mitt Romneys presidential campaign back on offense after spending a week struggling to explain his position health care.
  • (USA Today)
  • The three summers of President Obama's first term in office have been decidedly unkind to him on the economic front, a trend that puts even more importance on this morning's June jobs report from the Bureau of Labor Statistics.
  • (Washington Post)
  • U.S. stocks fell sharply Friday to cap a holiday-shortened week marred by weak readings on the U.S. economy. The Dow Jones Industrial Average finished Friday off 124.20 points, or 0.96%, to 12772.
  • (NASDAQ)
  • No lucky break for investors today. The jobs report released this morning announced non-farm payrolls had only risen by 80,000 jobs, below projections of 100,000 new jobs.
  • (Motley Fool)
  • Romney (Charles Dharapak/AP)Mitt Romney slammed Junes weaker-than-expected job growth numbers Friday, calling the nations 8.2 percent unemployment rate unacceptably high and vowing to offer a better path if he wins the presidency.
  • (YAHOO!)

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