A Modest Proposal

The economy added only 80,000 new jobs to the nation’s nonfarm payrolls in June, according to the Labor Department. Many economists were expecting stronger growth in the jobs market, especially following ADP’s jobs report on Thursday that said private businesses added 176,000 new jobs in June. The Labor Department’s calculation is frequently at odds with ADP’s assessment and can be adjusted in a later report. The unemployment rate remained at 8.2% in June…. Read more:  A modest proposal