The economy added 80,000 jobs in June. Read more after the jump!
The labor department reported Friday, barely an improvement from the 77,000 jobs added in May.
The labor market has been volatile this year, with job growth starting off strong in the first couple months of 2012. Then a disappointing slowdown in the spring led many to wonder whether the recovery was taking a turn for the worse.
June’s weak growth added to those fears. The economy needs at least 125,000 jobs added each month just to keep up with population growth.
Revisions from previous months also showed the economy gained 1,000 fewer jobs in April and May than originally thought.