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Cartoon topic in the news:
Obama: Economy Headed in Right DirectionPresident Barack Obama says the latest employment figures show the U.S. economy is headed in the right direction, but more needs to be done to put Americans without jobs back to work.
The U.S. economy lost 125,000 non-farm sector jobs during the month of June. That figure reflects the end of some 225,000 temporary U.S. census worker jobs.
The Labor Department reported a decline in the overall unemployment rate which dropped to 9.5 percent from 9.7 percent, the lowest level since 2009.
While the private sector gained 83,000 jobs, the figure was below levels from the previous two months.
President Obama recognized the mixed nature of the latest figures. He said they show the economy is headed in the right direction...(Read More)