Unemployment rose to 9.2 percent as hiring stalls


July 8, 2011 at 9:24a.m.

WASHINGTON (AP) — Hiring slowed to a near-standstill last month. Employers added the fewest jobs in nine months and the unemployment rate rose to 9.2 percent. The Labor Department said today that the economy generated only 18,000 net jobs in June. And the number of jobs added in May was revised down to 25,000