June 4, 2010

Disappointing Job Numbers in May

From the Washington Post:

U.S. stocks fell at the opening bell, as investors were disappointed with the government's May report that showed fewer-than expected jobs were created and job creation mostly came from hiring for the U.S. census.

While the nation added 431,000 jobs in May, only 41,000 were in the private sector. 

The current unemployment rate fell from 9.9% to 9.7%.

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