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In June, 467,000 jobs were lost; analysts had predicted 350,000. Despite positive signs for the economy in recent weeks, the report is evidence that the jobs market remains troubled. The nation’s unemployment rate edged up to a 26-year high of 9.5% in June as employers slashed nearly half a million jobs over the month across a wide spectrum of industries, the Labor Department reported today.
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U.S. unemployment rate hits 9.5%, a 26-year high

Posted July 2nd, 2009 in Business by admin. Tags: 26-year-high, a-26-year-high, a-million-jobs, Economy, jobs, labor, million-jobs, month, nearly-half, Positive Signs, predicted-350, report, reported-today-, wide-spectrum



