The economy in February shed 36,000 nonfarm jobs, fewer than forecast, as the unemployment rate held at 9.7 percent, the Labor Department said on Friday.
Job Growth Falters Badly, Clouding Hope for Recovery
The jobless rate rose to 9.2 percent in June from 9.1 percent in May, the Labor Department said, as the economy added a meager 18,000 jobs.
U.S. jobless rate dropped to 9.7 percent in January
The unemployment rate dropped unexpectedly in January to 9.7 percent, while employers shed 20,000 jobs, according to a report that offered hope the economy will add jobs soon.
467K jobs cut in June; jobless rate at 9.5 percent
Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent, suggesting that the economy's road to recovery will be bumpy.
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