May jobs report reveals further declines
Unemployment up to 8.2 percent
FILE - The sign outside the NASDAQ Market site is seen in this Aug. 19, 2004 file photo taken in New York. The Wall Street Journal reported on its website late Friday Feb. 4, 2011 that federal investigators are trying to identify the …
Posted: 06/01/2012
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By: Charley Crowson
New York - Dow Jones industrial average futures, which were down 100 points before the report came out at 8:30 a.m. EDT Friday, shot down an additional 100 points within minutes.
The yield on the benchmark 10-year U.S. Treasury note plunged to 1.46 percent, the lowest on record, from 1.56 percent.
U.S. employers created 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up to 8.2 percent from 8.1 percent.
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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