Jul 9, 2011 12:19 AM by Matt Stafford

Slow job growth worrying many

The Bureau of Labor Statistics says only 18,000 jobs were created in the month of June. For some economists they say that's troubling because in order to work our way of the current recession we need to be adding 250,000 jobs each month.

The unemployment rate is now up slightly to 9.2 percent.

The Pikes Peak Workforce Center continues to see a lot of people looking for work.

Linda Hall has a part time job, but she's been looking for another so she can get by.

"For quite, about a year now," says Hall. She says gas and food prices are what are getting to her.

"You feel like you can make it, but then you find thing just don't meet as easy as it should be," explains Hall.

Hall's is not an unfamiliar story.

"We see slight improvement here locally it seems like, but it's just there's no one place I can point you to and say this is the place to go right now," says Sherman Swafford, who work with business relations for the Pikes Peak Workforce Center.

"Companies are saying, ‘I used to have seven or eight people in this position; I now have four, and we're managing to get all of our work done so I'm hesitant to add a new person,'" says Swafford.

"Our economy, as a whole, just isn't producing nearly enough jobs for everybody who's looking," explains President Obama.

The President says this slow job growth in June is from high gas prices, natural disasters, and government cuts -- including 39,000 jobs.

"There are serious disagreements about how to deal with this very serious problem," says the Speaker of the House, Rep. John Boehner.

Locally, Senator Michael Bennet says improvement all starts with stabilizing the economy.

"That creates uncertainty when we've got all this debt," says Sen. Bennet, a Democrat representing Colorado.

"We've got to get our deficit, which is now about 10 percent of GDP, down to below three percent," explains Sen. Bennet. "Every percentage point that we're above three percent, every hair that we're above three percent, we accrue in interest expense that we can never catch up to."

Representative Doug Lamborn, a Republican from Colorado's 5th Congressional District, assigns more blame to the President, saying his approach has failed. Rep. Lamborn goes on to say in a prepared statement released Friday, "We must change course by cutting spending, capping expenditures and balancing the budget."

But while lawmakers try to come together on ways to fix the problem, all Linda Hall can do is keep looking.

"Just keep trying," says Hall.


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