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Reuters: Private jobs report signals recession taking toll

Started by chris, December 03, 2008, 05:01:18 PM

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chris

Private jobs report signals recession taking toll
      


NEW YORK (Reuters) - Private employers slashed an unexpectedly high 250,000 jobs in November, the most in seven years, while third-quarter labor costs rose less than first thought, in the latest signs the job market is nowhere near a bottom as the U.S. recession enters its second year.<div class="feedflare">
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