Job Creation in Private Sector Remained Weak in June

by Victor Cheng

The United States added just 83,000 private-sector jobs in June, a dishearteningly low number that could add to the growing number of economists who warn that the economic recovery has slowed to the point that it cannot generate enough job growth.

Department of Labor June Employment Report Over all, the nation lost 125,000 jobs, according to the monthly snapshot of the job market released by the Labor Department on Friday”

(Via NYTimes.com)

Victor’s Comments:

This recovery, which may be a bit of a misnomer, is going to take a while. The key takeaway here is to truly plan for an extended mediocre economy and make sure your business can do well despite the circumstances.

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