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Economy Shed 84,000 Jobs in August; Unemployment Rate Jumped to 6.1%

Posted on September 5, 2008 | 7 Views

Related Categories: General

Economy Shed 84,000 Jobs in August; Unemployment Rate Jumped to 6.1%

The government said Friday that the American economy lost
84,000 private nonfarm jobs in August, the eighth straight
month of job losses. The unemployment rate jumped to 6.1
percent in August, the highest in nearly five years. Both
figures were worse than economists had forecast.

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USA Today

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