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bbc news has it - US unemployment rate unchanged

US jobs data triggers share price slip
http://www.bbc.co.uk/news/business-18738672

US shares have fallen after official data showed firms had created only 80,000 new jobs in June, leaving the jobless rate unchanged at 8.2%.

Job creation remains below the 100,000 judged necessary by the Federal Reserve for a stable job market, according to the US Labor Department.

Shares slipped after the news, with the opening Dow Jones index falling 1%.

President Barack Obama said the rise in employment was “a step in the right direction”.

Campaigning in the swing state of Ohio on Friday, President Obama acknowledged that “it’s still tough out there” for ordinary Americans.


5 posted on 07/06/2012 9:42:34 AM PDT by NormsRevenge (Semper Fi)
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To: NormsRevenge

It is amazing that 100,000 new jobs are needed for a stable job market, but 80,000 jobs results in the unemployment rate remaining unchanged.


11 posted on 07/06/2012 10:09:40 AM PDT by webheart (King of the Run-On Sentence)
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