The economy is likely to keep stumbling at least through the rest of the year, analysts agreed yesterday, after a disappointing government report showed that payroll jobs fell by 62,000 in June, the sixth ...
Employers shed 62,000 jobs in June, the sixth consecutive month of job losses, and the steep jump in the unemployment rate in May wasn't a fluke, the government reported Thursday.
Consumers fell behind on loans secured by their homes at the fastest pace in two decades in the first quarter, signaling deeper distress in the US economy, the American Bankers Association reported.
