{"id":32817,"date":"2012-06-01T18:00:20","date_gmt":"2012-06-01T18:00:20","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/weak_u-s-_hiring_adds_to_global_gloom\/"},"modified":"2012-06-01T18:00:20","modified_gmt":"2012-06-01T18:00:20","slug":"weak_u-s-_hiring_adds_to_global_gloom","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=32817","title":{"rendered":"(NY Times) Weak U.S. Hiring Adds to Global Gloom"},"content":{"rendered":"<p>The United States economy gained a net 69,000 jobs in May, the Labor Department said Friday, a dismal showing that reflected mounting evidence of a global slowdown. The unemployment rate rose to 8.2 percent from 8.1 percent in April, but largely because more people began looking for work.<\/p>\n<p>The report, which came in at less than half what analysts had expected and was the lowest number of net jobs created in a year, was potentially devastating for President Obama as he faces reelection and creates increased pressure on the Federal Reserve to expand its stimulus campaign.<\/p>\n<p>As the third disappointing performance by the job market in three months, for many it served as confirmation that the economic recovery has once again lost momentum.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2012\/06\/02\/business\/economy\/us-added-69000-jobs-in-may-jobless-rate-at-8-2.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States economy gained a net 69,000 jobs in May, the Labor Department said Friday, a dismal showing that reflected mounting evidence of a global slowdown. The unemployment rate rose to 8.2 percent from 8.1 percent in April, but<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=32817\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,209,582,589,149,597,596],"tags":[],"class_list":["post-32817","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-americau-s-a","category-consumerconsumer-spending","category-corporationscorporate-life","category-economy","category-laborlabor-unionslabor-market","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/32817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32817"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/32817\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}