Maze cartoon of a hot Lamborghini racing down the road. The
car is labeled "Economy", it passes signs that read "Recession" and
goes in the direction of the sign that reads, "GDP growth. As nails on
the road are magnified to show they are labeled "Weak Euro", "BP oil
spill" and "Unemployment rate"
Barack Obama says the latest employment figures show the U.S.
economy is headed in the right direction, but more needs to be done to
put Americans without jobs back to work.
The U.S. economy lost
125,000 non-farm sector jobs during the month of June. That
reflects the end of some 225,000 temporary U.S. census worker jobs.
Labor Department reported a decline in the overall unemployment rate
which dropped to 9.5 percent from 9.7 percent, the lowest level since
While the private sector gained 83,000 jobs, the figure was below
levels from the previous two months.
Obama recognized the mixed nature of the latest figures. He said
show the economy is headed in the right direction...(Read