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U.S. Hirings Lag as Official Unemployment Hits 8.2%

HeadlineJun 04, 2012

The ailing U.S. economy received more grim news on Friday with the release of figures showing just 69,000 jobs were added during May – the fewest total in a year. The official unemployment rate also increased to 8.2 percent, up from 8.1 percent in April. Speaking in Minnesota, President Obama called on Republican lawmakers to approve funding for public sector jobs.

President Obama: “The American people expect their leaders to work hard no matter what year it is. The economy still isn’t where it needs to be. There are steps that could make a difference right now, steps that can also serve as a buffer in case the situation in Europe gets any worse. So right now, Congress should pass a bill to help states prevent more layoffs, so we can put thousands of teachers and firefighters and police officers back on the job.”

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