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Jobs Data Show Sluggish U.S. Economy Jobs Data Show Sluggish U.S. Economy Jobs Data Show Sluggish U.S. Economy Jobs Data Show Sluggish U...

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Politics

Jobs Data Show Sluggish U.S. Economy

July 6, 2012

The economy added just 80,000 jobs in June while the unemployment rate held steady at 8.2 percent, the Labor Department reported Friday, a further sign that the economic recovery has begun to lose some of its momentum from earlier in the year.

Economists surveyed by Reuters had expected a gain of 90,000 jobs. The news will likely provide campaign fodder for Mitt Romney as he runs against President Obama and his handling of the economy. Only four monthly employment reports are left before Election Day.

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