June jobs numbers expected to be weak
Monday, July 02, 2012 Professional Services
According to many economists, hiring figures for the month of June will be weak and keep the unemployment level flat.
MarketWatch recently surveyed experts who predicted that in the United States, employers increased jobs by approximately 100,000 last month. According to the source, for the unemployment rate of 8.2 percent to fall, twice as many jobs had to have been created.
In an interview with the source, BNP economist Yelena Shulytyeva said that the downturn of the global economy negatively impacted businesses in the United States, many of which would cut back on hiring initiative.
"The recent weakness in hiring is a combination of seasonal issues and the underlying slowdown in U.S. and global economies," she told the news source. "This week should bring more disappointing news."
While some sectors continue to suffer from the economic slowdown, others have been adding staff. During a recent interview with Forbes, Marketing Today CEO Peter DeLegge said that the marketing industry was adding jobs quickly thanks in part to new technology.
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