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Reuters: Jobless rate at 16-year high as payrolls plunge

Started by chris, January 09, 2009, 04:00:23 PM

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chris

Jobless rate at 16-year high as payrolls plunge
      


WASHINGTON (Reuters) - The unemployment rate surged to its highest level in nearly 16 years in December as a deepening economic slump forced companies to slash payrolls by more than half a million jobs.<div class="feedflare">
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