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July 8, 2011

SO IS THIS THE HOPE, OR THE CHANGE? Unemployment rises to 9.2 pct. in June, employers add only 18,000 jobs.

Bloomberg’s got the inevitable take: “U.S. employers added 18,000 workers in June, less than forecast and the fewest in nine months, while the unemployment rate unexpectedly climbed, indicating a struggling labor market.” Plus this: “The so-called underemployment rate — which includes part- time workers who’d prefer a full-time position and people who want work but have given up looking — increased to 16.2 percent from 15.8 percent.”

And: “By a 44 percent to 34 percent margin, Americans say they believe they are worse off than when Obama took office, according to a Bloomberg National Poll conducted June 17-20.”

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