Economy

US Jobs Data Adds To Global Recession Fearsi
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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.


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