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Another 467,000 jobs lost -US unemployment rate for June at 9.5 percent
Link: http://www.wsws.org/articles/2009/jul2009/econ-j03.shtml
The US economy lost far more jobs in June than had been predicted by economists, and the unemployment rate hit 9.5 percent, its highest level since 1983, according to data released by the Labor Department on Thursday. The June jobless report undercut the efforts of the Obama administration and the media to downplay the depth of the economic crisis and generate illusions of a rapid recovery.
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