Get Political Wire by Email:



June 01, 2012


Job Growth Slows Sharply

U.S. job growth slowed dramatically in May, "the latest indication that the economy has lost momentum," the Wall Street Journal reports.

"Nonfarm payrolls grew by a 69,000 last month, the Labor Department said Friday, the smallest gain in a year. The unemployment rate, obtained by a separate survey of U.S. households, ticked one-tenth of a percentage point higher to 8.2%, the first increase in nearly a year."

First Read: "Why is this presidential race close? And why might it get closer? Look no further than today's jobs report for May, which is a gut-punch for Team Obama."












POLITICAL WIRE PODCAST

Political Wire Podcast Engaging conversations about elections and the political issues of the day. Subscribe via iTunes or RSS to get episodes automatically downloaded.


FREE NEWSLETTER




TRENDING VIDEO



PARTNERS











FOLLOW US