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Unemployment at 8.2%, Only 69,000 Jobs Created in May

Friday, 1 Jun 2012 | 8:30 AM ET

CNBC's Hampton Pearson breaks down the disappointing data on the latest jobs numbers from the Labor Department, and reaction from Mark Zandi, Moody's Analytics chief economist; Diane Swonk, Mesirow Financial chief economist; Austan Goolsbee, former Council of Economic Advisers chairman; and CNBC's Rick Santelli and Steve Liesman.