MONEYWATCH
Rotten May jobs report underscores weak recovery
June 01, 2012
June 01, 2012
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(MoneyWatch) The May jobs report showed that only 69,000 new jobs were added last month and the unemployment rate inched up to 8.2 percent. Given that this month represents the three-year anniversary of the end of the Great Recession (according to the National Bureau of Economic Research, the 18-month recession ended in June 2009), now is a good time to discuss how things are going in the recovery.
Reports released over the past two days confirm what many have been feeling: Corporate America has participated in the recovery, while many workers have not. The all-important monthly employment report and its
Reports released over the past two days confirm what many have been feeling: Corporate America has participated in the recovery, while many workers have not. The all-important monthly employment report and its
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