SUMMARY of June Unemployment Report:
*Nonfarm payrolls rose 18,000 last month (payrolls were forecast to rise by 125,000)
*Unemployment rises to 9.2% (highest level since December 2010)
*14.1 million Americans who would like to work but are unable to find work.
[Read “Jobs Data Dim Recovery Hopes” at the Wall Street Journal]
Obama to speak at 10:35 AM ET…Will this jobs report cut into his golf??