Pace of Hiring Slowed in July

(AP) —The Labor Department says the jobless rate rose in 178 areas, dropped in 151 and was unchanged in 45.

Despite the weak showing, that’s an improvement from July. The jobless rate rose in about three-quarters of the metro areas. But it’s worse than this spring, when rates declined in more than 230 areas for three straight months.

The economy is barely growing and economists worry it won’t expand fast enough to bring down the 9.5 percent national unemployment rate. On Friday, the government is expected to say that private employers added only 41,000 jobs in August, down from 71,000 the previous month.

Comments (9)

  • The Bees
    Posted on September 12, 2010 at 11:19pm

    But Team Obama thinks we are on the right track.

    I never thought in my lifetime I would utter the following words:

    We have elected a President that is more inept than Jimmy Carter.

    Report Post » The Bees  
  • MOLLYPITCHER
    Posted on September 7, 2010 at 9:56am

    Just wait until December. Once the taxes are set to rocket upwards and all of the small businesses have received the bad news of what will be happening as far as health plans go, the unemployment rate will most likely shoot up even higher. I think most employers will be letting people go either just before or just after Christmas, so they do not have to pay out vacation pay for the next year and don’t have to sign them up for the expensive healthcare.
    I do not blame them. I would do the same thing so I could stay in business. It’s either that or throw in the towel and even more people would be out of work.

    Report Post » MOLLYPITCHER  
  • S.Hill
    Posted on September 2, 2010 at 2:09am

    I’m co-owner in a small business, and I can tell you right now that we just won’t be able to afford to hire anymore employees for years. We don’t need a loan or tax incentives to hire more workers, Mr. President, WE NEED CUSTOMERS WHO WANT TO SPEND MONEY! We’ve done everything we can to keep costs under control, cut back on inventory, but with the way things have been the last 2 years, people just are unwilling to spend money like they used to. Honestly, I don’t blame them, because I’m not either.

    Report Post »  
  • jetmech568
    Posted on September 2, 2010 at 12:57am

    Take away the restrictions and penalties then watch things take off, the government can not fix anything it just makes thing worse. Union greed and government greed is killing the USA.

    Report Post »  
  • Veritas
    Posted on September 1, 2010 at 9:01pm

    test

    Report Post »  
  • HonorRestored828
    Posted on September 1, 2010 at 8:35pm

    Glenn love the web site but fix sign in problems

    Report Post »  
    • rhet 2
      Posted on September 1, 2010 at 8:45pm

      PLEASE!

      With sugar plums and homemade ice cream if you do? Please, please please?

      Report Post »  
  • Philo Beddoe
    Posted on September 1, 2010 at 8:33pm

    No kidding. Mfg is in the tank

    Philo Beddoe  

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