Economy

US Jobs Data Adds To Global Recession Fearsi
|| 0:00:00
X
Mil Arcega
July 07, 2012 12:43 AM
Stock prices retreated on Friday following another weak U.S. jobs report. U.S. companies added only 80,000 jobs last month, the third straight month of tepid job growth. Although the unemployment rate held steady at 8.2 percent, the weaker than expected employment numbers are adding to worries that the global recovery is running out of gas. Mil Arcega has more.

US Jobs Data Adds To Global Recession Fears

Published July 06, 2012

Stock prices retreated on Friday following another weak U.S. jobs report. U.S. companies added only 80,000 jobs last month, the third straight month of tepid job growth. Although the unemployment rate held steady at 8.2 percent, the weaker than expected employment numbers are adding to worries that the global recovery is running out of gas. Mil Arcega has more.


You May Like

Hong Kong Democracy Calls Spread to Macau

Macau and Hong Kong are China’s two 'special administrative regions' which gives them a measure of autonomy More

After Nearly 2 Years, Pistorius Remains Elusive

Reporter Anita Powell reflects on her experience covering the Olympic athlete's murder trial More

Kenyan Coastal Town Struggles With Deadly June Attacks

Three months after al-Shabab militants allegedly attacked their town, some Mpeketoni residents are still bitter, question who was really behind the assaults More