Stock Watch:

America Breaking News: US Economy Adds 195K Jobs; Unemployment Remains at 7.6 

America Breaking News: US Economy Adds 195K Jobs; Unemployment Remains at 7.6 Pct.
U.S. employers are sending a message of confidence in the economy ? hiring more workers, raising pay and making the job market appear strong enough for the Federal Reserve to slow its bond purchases as early as September. The economy gained a robust 195,000 jobs in June and many more in April and May than previously thought. The unemployment rate remained 7.6 percent in June because more people started looking for jobs ? a healthy sign ? and some didn't find them. The Labor Department's report pointed to a U.S. job market that's showing surprising resilience in the face of tax increases, federal spending cuts and economic weakness overseas. Prosecutors rested their case Friday, a day in which both George Zimmerman's and Trayvon Martin's mother each testified that it was her son, not the other woman's, who can be heard screaming for help on a 911 call. Judge Debra Nelson denied a request by defense attorneys to acquit Zimmerman of second-degree murder after prosecutors rested. Defense attorney Mark O'Mara argued that the state didn't prove its case, and that Zimmerman was acting in self-defense. Prosecutor Richard Mantei told the judge Zimmerman was a liar and had changed his story. George Zimmerman's mother says it was her son's screams that can be heard in the background of a 911 call recorded the night her son fatally shot Trayvon Martin. Earlier testimony claims it was actually Martin who can be heard on the call.
View Comments