Employers added 103,000 jobs last month but the unemployment rate remained unchanged at 9.1%, the Labor Department reported today.

The department said that 40,000 of the jobs reflected a return to work of striking Verizon employees. Of the 14 million unemployed people, 6.2 million had been without jobs for 27 weeks or more. The unemployment rate has been the same for the last three months and since April there have been an average of 72,000 new jobs added per month.

There were job gains in professional business services, health care and construction while government employment declined. The bleak economic news comes in the wake of a series of polls that a majority of Americans disapprove of the way President Obama has handled the economy and are concerned about the direction in which the country is going.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.