The U.S. Labor Department issued its monthly report on Friday, detailing the patterns of the American workforce in June. The national unemployment rate stayed at 8.2 percent and payrolls rose by just 80,000, maintaining a disappointing status quo for the summer of 2012. Many of the June statistics were virtually identical to their May counterparts, [...]
Black Unemployment Rate Rose in June, Is Nearly Double Whites
July 7, 2012 | Posted by
While analysts are looking at the June jobs report and noting that it didn’t budge the country’s 8.2 percent unemployment rate, the unemployment rate for African Americans did budge in June: It went up nearly a full percentage point. But observers say that although the unemployment rate for blacks stands at 14.4 percent, almost a [...]
Analysis: Poor Jobs Report Has Minimal Impact on Election
July 6, 2012 | Posted by
WASHINGTON — The economy is, by virtually everyone’s account, the driving force behind the 2012 election, and yet, more than three months into a renewed economic slowdown, the impact has yet to dent President Obama’s standing in the polls. With yet another discouraging jobs report on Friday – a seasonally adjusted figure of 80,000 net [...]
