Quick Takes

June job growth offers no relief for job seekers

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The June 2012 employment report from the Bureau of Labor Statistics showed 80,000 jobs were added last month.  This pace of job growth means the following two things: we are not in – nor are we slipping into – another recession, but we are also not getting the kind of job growth that will bring the unemployment rate down. With the unemployment rate above eight percent for 41 months straight, this is an ongoing, severe crisis for the American workforce.

See more work by Heidi Shierholz