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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Ann Corrigan who wrote (33158)	7/2/2004 11:53:43 AM
From: American Spirit	Respond to of 81568

U.S. Job Growth Slows Sharply in June 1 hour, 26 minutes ago Add Top Stories - Reuters to My Yahoo! By Glenn Somerville WASHINGTON (Reuters) - The pace of U.S. hiring slumped sharply in June after several months of robust gains, the government reported on Friday, as employers added fewer than half the number of payroll jobs forecast and hours of work shrank. The Labor Department (news - web sites) said only 112,000 jobs were created last month, far fewer than the 250,000 that Wall Street analysts had anticipated. April and May new-job totals were revised down, to 324,000 and 235,000 respectively, from 346,000 and 248.000. The unemployment rate was unchanged, as expected, at 5.6 percent. June still represented a 10th straight month of job growth that has added about 1.5 million workers to payrolls, but the unexpectedly steep slowdown last month may make it harder for President Bush (news - web sites) to campaign for re-election in November on a claim of accelerating economic momentum.