Get Ready for a Real Jobless Recovery: Employment Woes to Last Longer Than Normal
Stocks are falling today after employers cut 467,000 jobs in June, higher than the 363,000 expected by economists. Unemployment rose to 9.5%, a bit below forecasts but still the highest level since Ronald Reagan’s first term in office. …
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Posted on July 3rd, 2009 by
Filed under: stock news
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