Why 'Dark Clouds' Still Hang Over Job Growth As Participation Rate Remains At Lowest Since 1970s

IBTimes 2013-07-08

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Jonathan Corpina, senior managing partner with brokerage firm Meridian Equity Partners Inc., weighs in on Friday's better-than-expected jobs report for June. The Labor Department reported the U.S. economy created 195,000 new non-farm payroll jobs in June, after an upwardly revised 195,000 jobs were created in May. The unemployment rate was unchanged at 7.6 percent.

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