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Nonfarm Payrolls Rose By 18,000 In June, Missing Consensus E
Nonfarm Payrolls Rose By 18,000 In June,  Missing Consensus E
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Nonfarm Payrolls Rose By 18,000 In June, Missing Consensus E
The U.S. economy added jobs at a slower pace in June than in May, suggesting that the slowdown in the economy might be longer-lasting and more severe than previously expected.Nonfarm payrolls rose by 18,000 in June, below consensus estimates for a 125,000 gain.Job gains in May were revised down to 25,000 in May from the initial estimate of 54,000.The unemployment rate rose to 9.2% in June from 9.1% in May, reaching the highest level since December. Economists had expected the unemployment rate to remain steady.
Channel: Voxant Newsroom
Category: Business
Video Length: 0
Date Found: July 08, 2011
Date Produced: July 08, 2011
View Count: 0
 
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