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

8:30 AM ET Fri, 1 June 2012

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.