economy (money)*U.S. job growth barely picked up in June, the latest sign that economic growth has slowed.

Nonfarm payrolls grew by 80,000 last month, the Labor Department said Friday. The politically important unemployment rate, obtained by a separate survey of U.S. households, was unchanged at 8.2%.

On the other hand, the jobless rate for African Americans increased by almost a point to 14.4 percent

Obviously, the black jobless rate increase will be noticed, because other demographic groups did not show similar rises. Unemployment among whites was 7.4 percent and 11.0 percent among Hispanics.

This new report will undoubtedly add more pressure on President Obama by his presumptive Republican presidential rival Mitt Romney in their race to occupy the White House this coming November

Read/learn more at Wall Street Journal.

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