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US Creates 69,000 New Jobs, Unemployment Rate 8.2%

US Creates 69,000 New Jobs, Unemployment Rate 8.2%

The American jobs engine hit stall speed in May, with the economy adding just 69,000 new jobs while the unemployment rate climbed to 8.2 percent. As another summertime swoon looms, the Bureau of Labor Statistics reported that job creation missed economist estimates for 158,000 new positions.

US Creates 69,000 New Jobs, Unemployment Rate 8.2%


 

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