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CommentsUnemployment Rises AgainPosted by Heritage Foundation on Jun 1, 2012 at 11:45 AM
Much like Europe, the United States economy is being dragged down by crippling debt and future fiscal uncertainty. For those hoping for good economic news out of Washington today, they’re in for a terrible disappointment. According to the latest jobs report from the Department of Labor, the economy created only 69,000 jobs in May — well below expectations — while the unemployment rate rose to 8.2 percent, and job numbers from March and April were revised significantly downward. Meanwhile, Taxmageddon is threatening the U.S. economy and holding back growth, but strangely, President Barack Obama isn’t doing anything about it. More...Post a Comment on: Unemployment Rises AgainCommenting is not available in this channel entry. Next entries comments: Timely tips for June gardening Previous entries comments: Antioxidant shows promise as treatment for certain features of autism, study finds Note from the Editor: This section is for comments from readers of canadafreepress.com. Please don't assume that Canada Free Press agrees with or endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose his or her posting privilege. |
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