Posted by kyler on Jun 4, 2010 in
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For Immediate Release
June 4, 2010
Contact: Kerry Niemcek 920-499-4000
The U.S. Department of Labor announced that the unemployment rate fell to 9.7% from 9.9% in May, adding 431,000 jobs. However, only 41,000 jobs were created in private sector. The remaining jobs were temporary positions created by the U.S. Census Bureau, all of which will be lost within the coming weeks. The reality came in far short of forecaster’s estimates that the...