New U.S. Jobs Report Sends Dow Sliding
By John Ydstie • Jun 1, 2012
Originally published on June 1, 2012 6:13 pm
The government's monthly employment report Friday morning was a big disappointment. The economy added just 69,000 jobs in May and the unemployment rate ticked up a notch to 8.2 percent. The stock market also reacted negatively to the news.