Why 'Dark Clouds' Still Hang Over Job Growth As Participation Rate Remains At Lowest Since 1970s
Jonathan Corpina, senior managing partner with brokerage firm Meridian Equity Partners Inc., weighs in on Friday's better-than-expected jobs report for June. The Labor Department reported the U.S. economy created 195,000 new non-farm payroll jobs in June, after an upwardly revised 195,000 jobs were created in May. The unemployment rate was unchanged at 7.6 percent.