Why 'Dark Clouds' Still Hang Over Job Growth As Participation Rate Remains At Lowest Since 1970s

Category: Markets / Finance / Jul 08, 2013 12:44PM EDT

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.