Former OMB Director Tells CNBC ‘There’s No Recovery

Julia A. Seymour
July 6th, 2012 11:36 AM
The June jobs report was “very disappointing” for the Obama administration and to people looking for work, according to CNBC’s John Harwood. The 80,000 job gains was 20,000 short of expectations, and the unemployment rate was unchanged. Moody’s economist Mark Zandi, who has often found a bright side to negative reports, reacted that way again saying there were “silver linings” in the report…