Comment on U.S. Adds 18,000 Jobs In June As Jobless Rate Climbs To 9.2 Percent

U.S. Adds 18,000 Jobs In June As Jobless Rate Climbs To 9.2 Percent

WASHINGTON (Lucia Mutikani) - U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dampening hopes the economy was on the cusp of regaining momentum after stumbling in recent months.Nonfarm payrolls rose only 18,000, the weakest reading since September, the Labor Department said on Friday, well below economists' expectations for a 90,000 rise.Read More... More on The Recession

 

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