80K Jobs Added in June

    FILE - In this July 3, 2012 file photo, a trader studies his screen as he works on the floor of the New York Stock Exchange. U.S. stock futures fluctuated in volatile trading Thursday, July 5, 2012, as banks in China and Europe took action to bolster flagging economies and poor retail sales for June offset some promising job numbers from the Labor Department. (AP Photo/Richard Drew, File)

    Richard Drew / AP Photo

    Some 80,000 jobs were added to the U.S. economy in June, and the unemployment rate remained steady at 8.2 percent, according to a monthly report from the Bureau of Labor Statistics. The number is a disappointing figure for economists hoping for a respite from the tepid job growth of the last several months, and came in below market expectations. (Jobs growth for May was revised slightly upward to 77,000.) For African-Americans, unemployment jumped to 14.4 percent in June, while the rate for Hispanics stalled at 11 percent. The political fallout for President Obama began almost immediately, with RNC chair Reince Priebus calling the report "devastating." After the jobs report was released, Wall Street saw dips in the Dow Jones Industrial Average, Standard & Poor's 500 Index and the Nasdaq Composite Index. 

    Read it at Bureau of Labor Statistics