Say it Aint So, 8.2% Unemployment in May

College graduates received horrible news a few minutes ago. The U.S. economy created only 69,000 jobs in May, the fewest in a year. The nations unemployment rate rose to 8.2%. The Obama Labor Department admitted the economy created far fewer jobs in the previous two months than earlier projections indicated. The DOL revised job creation figures down to show 49,000 fewer jobs were created in March and April.

Say it Aint So, 8.2% Unemployment in May