The Madeleine Brand Show

The Madeleine Brand Show is a daily, two-hour program that looks at news and culture through the lens of Southern California. Hosted by Madeleine Brand

Job numbers worse than expected

by The Madeleine Brand Show

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In this photo taken June 14, 2011, Matthew Weisker, left, holds his four-year-old daughter, Lexi Weisker, as he and his wife, Mindy, look for jobs in the database at Worksource Oregon in Tualatin, Ore. Don Ryan/AP

There was a big surprise in monthly employment report Friday morning - and not a good one. Thursday, many economists were cheering after a private firm's survey showed employers adding about 150,000 jobs in June. That didn't square with the official numbers released Friday morning: 18,000 new jobs - nowhere near 150,000. The unemployment rate also increased to 9.2 percent. Bloomberg Business Week's Roben Farzad joins Madeleine to discuss.

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