U.S. lost 125,000 Jobs In June, But Private Hiring Is Up
The United States shed 125,000 jobs in June even as the unemployment rate edged down to 9.5 percent, the Bureau of Labor Statistics reported today.
The negative job growth can be blamed on the 225,000 Census workers who ended their temporary assignments in June, which would mean that private employment and non-temporary government jobs grew by 100,000 this month.
These gains are still far more modest than economists say are necessary to bring the country out of the recession; 14.6
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