Editorial Board
With U.S. Economy Stuck, Fiscal Fix Can’t Wait Any Longer
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Today’s dismal jobs report is another sobering reminder that the U.S. economy is stuck, if not headed in reverse.
Employers added a modest 80,000 jobs in June, falling short of the 100,000 gain that economists surveyed by Bloomberg News had predicted. That rate is nowhere near the pace needed to lower 8.2 percent unemployment.