Job Hunting is Not So Easy

July 7, 2012 at 5:01 am Leave a comment

I guess job hunting will not be that Wall Street Journal )

http://blogs.wsj.com/economics/2012/07/06/worst-quarter-for-jobs-growth-since-2010/

America’s job market hasn’t been this feeble since the economy started adding jobs regularly two years ago.

The latest data show the U.S. economy added an average of 75,000 jobs per month between April and June. That’s paltry compared with the average of 225,000 jobs notched in the first three months of the year. Worse, it’s the weakest quarter for job growth since the third quarter of 2010, when the economy lost an average of 45 jobs each month.

After this past quarter, the next weakest is July-to-September 2011, when the economy added an average of 128,000 jobs–a relatively healthy figure  and one high enough to at least keep unemployment from rising.

Clearly, America’s job market has lost the momentum it had early this year. And as we pointed out on June 25, this weakness on  jobs is outweighing the boost to consumers’ wallets from lower gasoline prices. Proof? Check out June’s retail sales figures, which grew at the slowest pace in over two years”

That is not going to be easy job market for me to deal with.  Who wants to employ me with all of my problems.

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