The news concerning the June Employment Report released on Friday is not very positive. The economy continues to have issues creating enough jobs to lower unemployment figures. In fact, the unemployment rate increased in June to 9.2%, the highest level since December 2010.
The findings in the report cause red flags concerning the recovery of our economy. We seem to be in a stagnant position right now, not the growth and recovery position that many would like. It will take time to see where we go from here - slipping backwards into a slowdown or bouncing back to a healthy, growing economy.
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