US Gained Only 18,000 Jobs in June, Unemployment Rate at Highest Level Since Dec. 2010, Wake-Up Call to Washington D.C.

The unemployment rate is at the highest level since December 2010. The unemployment rate has risen to 9.2 percent. We gained about 18,000 jobs in June. This is a big warning to Washington. We cannot go into a default. We don't have the employment infrastructure for this. We are in a weak labor market with no end in sight. The stock market is now in a free-fall.