From the daily archives:

Friday, August 5, 2011

Recovery Summer? Only a 9.1% Unemployment Rate in July

August 5, 2011

The unemployment rate for July was only 9.1% as the economy added 117,000 new jobs (until the revisions come out, of course).  Even the real unemployment number dropped to 16.1%.  After watching the Dow drop over 500 points yesterday, some will spin this as a sign that the economy moving in the right direction.  However, [...]

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