Money

U.S. Unemployment Rises To 9.2%

WASHINGTON, D.C. – The U.S. unemployment rate ticked up a tenth of a percent to 9.2 percent in June, according to data released today by the federal Bureau of Labor Statistics. The economy added 57,000 private sector jobs, but that was offset by a drop of 39,000 government jobs for a net increase of just 18,000.

Annuities 101

Nervous investors have faced many challenges over the last few years searching for safe havens. That’s one reason many turn to annuities to ensure a steady stream of retirement income.