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FBN’s Rich Edson with news that the U.S. economy added 80,000 jobs in June, falling short of expectations.
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This protest and is -- Washington with French.
You know charge drove down the numbers like this you're looking for any type of indication perhaps of future hiring not -- -- really here 80000 jobs at eight point 2%.
In unemployment rate holds steady still very troubling numbers when it comes.
To the long term unemployed those unemployed for 27 weeks or longer five point four million that about remained steady -- 42%.
Of those folks who are unemployed you -- you look.
May be a temporary help services an indication.
That maybe you're going to start seeing some hiring he did see a bump there 25000 increase in June.
Maybe with that increase in hourly earnings you've got well eventually businesses if they're paying more they're gonna get to the point -- they're gonna pay.
Not so much more they're gonna start to bring on some more workers perhaps that's an indication.
But we're just not seeing it look at these indications month after month and still anemic job growth.
With the revisions -- looking get a quarter that featured 68000 -- 77000.
Jobs and eighty.
Thousand jobs averaging about 75000.
Jobs.
Month over month when you look at the average for this quarter that just -- so still pretty anemic job growth were waiting on word from the White House we should expect that and it.
Aren't rich rich that's an idea right 225000.
Jobs and a quarter that's a kind of stuff we -- expecting Motley at this stage of the recovery.
Yeah and that's what we saw throughout the first quarter an average of the lead of 226000.
Jobs this has slowed.
Dramatically dropping to 26 in the first quarter to 75 now.
Thanks log retention and as a rich -- the president's going to.
Weigh in on this in the next hour and also 10 o'clock.
GOP presidential candidate Mitt Romney is going to speak about the jobs report as well what are the back -- -- call though obviously it's a down day so for with the job support.
What's leading us lower right now --
