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08-05-2007, 03:02 PM #1
July Jobs: American Worker Displacement Resumes
July Jobs: American Worker Displacement Resumes
3 August 2007
Edwin S. Rubenstein
Nonfarm payrolls grew by a lower-than-expected 92,000 in July, the least seen since February. And the nation’s unemployment rate rose to 4.6%, up from 4.5% in June and the highest reading since January, the Labor Department reported.
The hint of recession did not help an already beleaguered stock market.
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