Friday/ disappointing US jobs report

The Labor Dept reported Friday that the US economy added only 54,000 jobs in May – a significant slowdown from 232,000 jobs added to payrolls in April.     Since economists were expecting a gain of around 170,000 jobs, it was a big disappointment.     By most estimates the economy needs to add about 150,000 jobs a month just to keep pace with population growth.

This is also the time that new graduates are looking for work, and I found this editorial written by David Brooks that appeared in the New York Times very interesting!   It’s a big world out there and the realities for job seekers can be harsh.   http://www.nytimes.com/2011/05/31/opinion/31brooks.html

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