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Author Topic: Economy Sheds 85,000 jobs in December - Unemployment rate holds at 10%  (Read 1322 times)

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WASHINGTON (AP) -- Lack of confidence in the economic recovery led employers to shed a more-than-expected 85,000 net jobs in December even as the unemployment rate held at 10 percent. The rate would have been higher if more people had been looking for work instead of leaving the labor force because they can't find jobs.

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« Last Edit: January 19, 2010, 03:06:58 AM by DUNBAR PLUMBING »
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Tags: unemployment