Skip to main content
Sunday, November 15, 2026Nov 15

Bleak jobs report dampens hopes of steady growth

bleak-jobs-report-dampens-hopes-steady-growth
bleak-jobs-report-dampens-hopes-steady-growth

By CHRISTOPHER S. RUGABER

AP Economics Writer

WASHINGTON – A bleak jobs report suggests the recovery from the Great Recession will be longer and bumpier than many economists had envisioned.

Most economists say job growth should strengthen later this year as gasoline prices drop further and the economy recovers from the effects of natural disasters in the U.S. and abroad. But the recovery is starting to weaken 17 months before the 2012 election, which could hurt President Barack Obama’s re-election prospects.

The unemployment rate in May inched up to 9.1 percent from 9 percent, the Labor Department said Friday; when Obama took office, it was 7.8 percent.