Employers added just 69,000 jobs in May, about half of what was expected, and the unemployment rate ticked up to 8.2 percent, the government said Friday in an awful jobs report that offered incontrovertible evidence that the U.S. economy is slowing sharply.
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From the New York Daily News:
Turns out, economists live in the same America as the rest of us.
The Associated Press surveyed 36 top experts on money and markets from across the political spectrum last week. They rendered a familiar verdict on President Obama’s approach to restoring America to prosperity.
Just half of the 36 rated the President’s policies as “fairâ€; more than a third called them “poor.†Only five described Obamanomics as “good,†and none dared call it “excellent.â€
Read more at the NY Daily News.
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October 10, 2011
BY SAM HANANEL, Associated Press WASHINGTON — After two years on the unemployment rolls, Selena Forte thought she’d found a temporary job at a delivery company that matched her qualifications. But Forte, a 55-year-old from Cleveland, said a recruiter for an employment agency told her that she would not be considered for the job because […]
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October 1, 2011
Three years after a financial crisis pushed the country deep into recession, an overwhelming number of Americans — 90% — say that economic conditions remain poor. The number, reported Friday in a new CNN/ORC International Poll, is the highest of Barack Obama’s presidency and a significant increase from the 81% who said conditions were poor […]
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