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Dismal U.S. hiring shows economy stuck in low gear
Reuters – U.S. employers hired at a dismal pace in June, raising pressure on the Federal Reserve to do more to boost the economy and dealing another setback to President Barack Obama’s reelection bid. The Labor Department said on Friday non-farm payrolls expanded by just 80,000 jobs in June, marking the third straight month employment has grown by fewer than 100,000 positions. Read article
Tags: 2nd Great Depression
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