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Friday, July 07, 2006

U.S. job growth weak again

From The Morning Grind

New employment numbers were released this morning. While more than 120,000 jobs were added, it fell short of the 160,000 figure that had been predicted. Read more from CNNMoney.com

The White House has a different spin. From a press release this morning:

Job Creation Continues -- 5.4 Million Jobs Created Since August 2003

Today, The Government Released New Jobs Figures - 121,000 Jobs Created In June. The economy has created about 1.85 million jobs over the past 12 months - and more than 5.4 million since August 2003. The unemployment rate is 4.6 percent - lower than the average of the 1960s, 1970s, 1980s, and 1990s.

Posted By Mark Preston, CNN Political Unit: 7/07/2006 10:47:00 AM ET | Permalink

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