After adding a robust 275,000 new jobs back in January, job growth appears to be slowing. The Labor Department reports that the economy added only 69,000 jobs in May.
Meanwhile, despite the worst recession in generations, there are still countless small business owners plugging away around the country, seeking to expand and hire more employees.
"This year we hired two more technicians, and we hope to hire one more," says Srinivas Konanki, who employs 20 people at Pipette Calibration Services, a laboratory equipment company he owns with his wife.
Credit Courtesy of Minnelusa Historical Association, Journey Museum
The 1972 flood in Rapid City, S.D., killed 238 people and destroyed more than 1,300 homes. The city responded by establishing a no-build zone in the flood plain. Other cities across the country adopted similar policies after the disaster.
Credit Courtesy of Rapid City Public Library/Black Hills Knowledge Network
Two children climb over what remains of a home that has an "All OK" sign in front. The flood caused $165 million of damage to the area.
Credit Courtesy of Rapid City Public Library
This man's jeep was destroyed by the flood. In the bottom photo, he tees off 20 years later on a golf course that was built where his neighborhood used to stand. The city prohibited building in the flood plain after 1972. A gallery of before and after images is here.
Survivors say the wall of water was like a tsunami that destroyed nearly everything in its path as it roared through a Black Hills canyon and into town. The flash flood that hit Rapid City, S.D., on June 9, 1972, was one of the worst floods in U.S. history. It killed 238 people and damaged or washed away more than 1,300 homes.
On Saturday, the city will read the names of those who died and reflect on how the flood changed the way the city and others towns across the country built themselves.