U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs figures
...
could fan fears that the economy is sputtering. (June 1)
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NHEADLINE:---------------------------------------CAPTION: U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs figures could fan fears that the economy is sputtering. (June 1) ----------------------------------------[Location - Date:][Source:][VO:][VOICE-OVER]TRACK#1 ITS WHAT ONE ECONOMIST CALLS A MAJOR DISAPPOINTMENT. THE LABOR DEPARTMENT SAYS THE UNEMPLOYMENT ROSE A-TENTH TO 8.2 PERCENT.AND JUST 69-THOUSAND JOBS WERE ADDED TO PAYROLLS, THE SMALLEST IN A YEAR. THESE NUMBERS ARE WORSE THAN EXPECTED.ON TOP OF THAT, THE GOVERNMENT SAYS THE ECONOMY CREATED FEWER JOBS OVER THE PREVIOUS TWO MONTHS THAN INITIALLY REPORTED. IT REVISED FIGURES DOWN. SO THE PACE OF JOB CREATION IN MAY AND APRIL, IS ABOUT A THIRD OF WHAT WAS SEEN IN THE FIRST QUARTER OF THE YEAR.[Notes:SOT: Hilda Solis, Labor Secretary]"we still have a long way to go but the reality is we also need the cooperation of the Congress and we have to be, they have to be more proactive in working in meeting with us so we can put construction workers back, so we can put the vets that are coming back and that are experiencing high levels of unemployment into good jobs."DESPITE THE WEAK NUMBERS THE OBAMA ADMINISTRATION SAYS THE GROWTH IN THE LABOR FORCE HAS BEEN CONSISTENT SINCE PRESIDENT OBAMA TOOK OFFICE.[Notes:SOT: Alan Krueger, Council of Economic Advisors]"wWe've had 27 months in a row of job growth. We've added 4.3 million private sector jobs in this. But given the hole in the economy when the president came to office, given the jobs deficit that the nation faced, I think it's clear we need faster job growth."REPUBLICANS AGREE ON THAT, BUT INSIST THAT THE OBAMA ADMINISTRATION ISN'T FOLLOWING THE PROPER PATH.[Notes:SOT: John Boehner, Speaker of the House]"If they had taken our advice worked with us the economy would be there. More Americans would have better jobs, more Americans would have better incomes. That's clear to us."IN TERMS OF NEW JOBS, THEIR WERE ADDITIONS IN HEALTH CARE AND MANUFACTURING, BUT A DECLINE IN CONSTRUCTION, REFLECTED THE CONTINUED STRUGGLES OF THE HOUSING SECTOR.[Notes:SOT: Robert Brusca, Fact and Opinion Economics]"So that's a curiosity and we really wouldn't have expected that even though we had weather that probably shifted some construction jobs earlier in the year. So that's kind of surprised I would say that's one of the big surprises in the report."SO ALL OF THIS IS ADDED TO THE EVIDENCE OF AN ECONOMY THAT HAS BEEN SEEN SLOWING GROWTH. FIRST QUARTER GDP WAS REVISED DOWN TO A GAIN OF 1.9 PERCENT.THIS IS THE FIRST INCREASE IN THE UNEMPLOYMENT RATE IN ELEVEN MONTHS, AND IT COMES JUST FIVE MONTHS AHEAD OF THE FALL ELECTION.MARK HAMRICK, THE ASSOCIATED PRESS, WASHINGTON.[SOT/](Name/Location, Occupation, Expertise)(" ")[Location - Date:][Source:][VO:][VOICE-OVER]TRACK#2[NATSOT:][SOURCE:][COURTESY:][SOT/](Name/Location, Occupation, Expertise)(" ")[Location - Date:][Source:][VO:][VOICE-OVER]TRACK#3[NATSOT:][SOT/](Name/Location, Occupation, Expertise)(" ")[STANDUP:](Reporter/Associated Press)(" ")[VO:][VOICE-OVER]TRACK#4[SOT/](Name/Location, Occupation, Expertise)(" ")[VO:][VOICE-OVER]TRACK#5[SIGOUT/REPORTER, LOCATION, ASSOCIATED PRESS](****END****) ANCHOR VOICE: -------------------------VIDEO PRODUCER: ---------------------------VIDEO SOURCE: -----------------------VIDEO APPROVAL: ----------------------------VIDEO RESTRICTIONS: ----------------------------------MARKET EMBARGO (S): --------------------------------SCRIPT/WIRE SOURCE:
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