Hiring was lukewarm last month, with employers adding jobs but not enough to bring the unemployment rate down.
The economy added 80,000 jobs in June, the Labor Department reported Friday, barely an improvement from the 77,000 jobs added in May. The unemployment rate remained at 8.2%.
Growth Slowdown Seen for Third Year in U.S. Dodging a Recession
The U.S. economy looks set to deliver a repeat performance in 2012: for the third straight year, it may suffer a swoon yet not slip into a recession.
"I don't think the slowdown will be any more consequential than the past two years," said John Ryding, a former Federal Reserve researcher who is chief economist at RDQ Economics LLC in New York. "There are positives out there in the economy. We'll avoid a recession."
More than 200,000 long-term jobless Americans will lose their unemployment checks this week, when eight states roll off the federal extended benefits program. Nearly half of them live in California, and the rest reside in Florida, Illinois, North Carolina, Colorado, Connecticut, Pennsylvania and Texas.
Investor Political Priorities - What's On Your Mind
Regulate The Regulators: Every scandal produces new levels of regulations and additional cadres of secret police who raise business costs in the name of compliance with "da law". Countless hours of non-productive time are mandated by broad-brush policies and procedural requirements that do little to protect the consumer --- in many cases they simply annoy the people they are supposed to assist.
The number of available jobs in the United States jumped in December to near a three-year high, supporting other data that show a brighter outlook for hiring.
Companies and governments posted 3.38 million jobs in December, the Labor Department said Tuesday. That's up from the 3.12 million advertised in the previous month and nearly matches the three-year high reached in September.
As noted by Richard Heinberg on June 22nd, 2011, the media has lacked the ability to connect the economic situations in the Middle East and their uprisings to what is happening in Europe. I would avoid the word “Revolution” in the case of the Middle Eastern uprisings, seeing as no dramatic systemic changes have taken place, only the ousting of dictators.
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Majestic Gold Corp. (MJS.V)
Gold's unique properties mean that in several applications, it continues to be material of choice despite increasing price. For this reason, gold is considered to be a true critical metal. Many of the uses of gold have only been developed in the last 20-30 years; so it is anticipated that the demand for gold industrially is at least stable and may well increase.
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Crown Equity Holdings, Inc. (CRWE)
Internet, also known as World Wide Web, has raised a new medium of marketing and advertisements; Marketing is a compulsory in business and is the most important thing in business. Internet marketing takes in a wide variety of practices and there are a number of different business models that can be followed.