Home » Politics » May Job Report Shows Poor Preforming Economic Growth

jobsreport

May’s job numbers report which showed a weaker than expected 69,000 jobs added in May and a slight rise in the unemployment rate from 8.1 percent to 8.2 percent last month.  The new job report was expected to show between 100,000 to 120,000 added jobs this report shows a far cry from the expected number.  This is the exact same situation that happened last year where over the winter months jobs increased then come sprint jobs recessed in growth.  Mitt Romney and republicans were quick to hit President Barack Obama about the lousy preforming economy while stocks crashed after the job report hit.  The stock market has been on a slippery slope since investor sentiment sank on Europe’s deepening credit problems.  Financial markets will continue to tumble because of bad economic data, including weak PMI from China and Europe, and pretty horrible employment data both in Europe and here in the USA.

Comments

comments

Latest

encryption main The Ultimate Guide To Encryption
phone water Key Tips On What To Do If You Drop Your Device In Water
phone business How to Streamline Your Business Operations with POS Systems
audible Audible on Android vs Audible on iOS
stamp Stamp App for Moving Playlists between Music Services

Tech Geek Today

Tech Geek Today

MonTueWedThuFriSatSun
    123
45678910
11121314151617
18192021222324
25262728293031
       
  12345
6789101112
20212223242526
27282930   
       
      1
9101112131415
16171819202122
23242526272829
3031     
    123
45678910
11121314151617
252627282930 
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       

Subscribe To The Technology Geek

Archives