Unemployment Rate Rises to 9.2%
The national unemployment rate edged up during the month of June to 9.2 percent, according to data just released by the U.S. Department of Labor. The economy added just 18,000 jobs during the month. June’s numbers were worse than market forecasts. Economists were expecting the unemployment rate to remain unchanged at 9.1 percent and job gains to be between 85,000 and 100,000.
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