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Economy loses 263,000 jobs in September; jobless rate at 9.8 percent
October 2, 2009 8:38 AM
The unemployment rate rose to 9.8 percent in September as employers cut more jobs than expected, evidence that the longest recession since the 1930s is still inflicting widespread pain. The Labor Department says the nation's economy lost a net total of 263,000 jobs last month, up from a downwardly revised... more »
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