Jobs report dismal again
The Albany Herald Editoral Board
As the summer sun bears down, there appears to be only one thing guaranteed to stay cold.
Jobs creation.
The June jobs created numbers was a bleak 80,000, bringing the average for April, May and June to 75,000. Combined, there were about 140,000-150,000 fewer new jobs than were needed just to meet population growth. The last three-month period in which job creation was this dismal was August-October 2010.
The result is an unemployment rate of 8.2 percent that doesn
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