Unemployment rate rose to 9.2 percent as hiring stalls

Townhall Staff | Jul 08, 2011

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.

WASHINGTON (AP) — Hiring slowed to a near-standstill last month. Employers added the fewest jobs in nine months and the unemployment rate rose to 9.2 percent.

The Labor Department said Friday that the economy generated only 18,000 net jobs in June. And the number of jobs added in May was revised down to 25,000.