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American employers probably failed to create enough jobs in July to reduce the jobless rate, showing anxiety over government debt deliberations and a slowdown in consumer spending have shaken confidence, economists said before a report today.
Payrolls climbed by 85,000 workers after an 18,000 increase in June that was the smallest this year, according to the median forecast of 88 economists surveyed by Bloomberg News before a Labor Department report. The jobless rate held at 9.2 percent after rising in each of the previous three months.
Originally posted by TheRemedial
reply to post by woodwardjnr
:-Dark sarcasm: Oh we have something to sell but it's going to be a pitch...and accompanying we will be giving away advanced technological products produced in America. We'll ship them free to places like Syria and Iran to make the middle east a better place, even as far as to North Korea. We'll literally drop them on their doorsteps free!. :end:
edit on 5-8-2011 by TheRemedial because: (no reason given)