Detailed text transcripts for TV channel - KGO - 20120620:10

Detailed text transcripts for TV channel - KGO - 20120620:10:36:00

>> reporter: instead of fixing economies and creating jobs some blamed the u.s. for europe's financial economic woes. >> this crisis was a result of america. and many of our financial sectors were contaminated by unorthodox practice by some sectors of the financial market. >> reporter: a reference to the 2008 u.s. banking crisis that stopped the global economy in its tracks. millions of americans lost their jobs back then. many are still looking for new employment now. the outlook on employment here in the u.s. is hardly optimistic. analysts blame it on the uncertainty still ongoing in europe. their economy there. american employers posted the fewest job openings in five months in april. 12.5 million americans unemployed last month, and that means more than 3.5 people competing for every single job opening. a house committee expected

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