June 3, 2011 Headlines: Small Job Gains, China Hacking Update, Krugman on Jobs, and More
Posted by smorgante on 06/03/2011
BLS: The U.S. posted an anemic 54,000 jobs gained in May. And we lost 5,000 manufacturing jobs.
WaPo: The U.S. Treasury will end its ownership stake of Chrysler.
NYT: Paul Krugman on the mistake of losing focus on jobs.
Investors.com: Real wage gains over the past decade are at levels so low, we haven’t seen them since the Great Depression.
USAT: Mazda is ending its joint venture with Ford, and will no longer be building cars in the U.S.
More on China’s hacking of Gmail: It turns out they were targeting White House staffers (WSJ) and could be behind a recent cyberattack on Lockheed Martin (Reuters).
Reuters: President Obama travels to Toledo, OH today to talk jobs.
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