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Slower US job losses; Is recession beginning to ease?

Posted on: June 7th 2009 in Press Releases.

Employers eliminated the fewest jobs in eight months in May, strengthening signs that the recession is easing, while a drop in wage growth offered a warning the recovery may be muted. Payrolls fell by 345,000, less than forecast, while the unemployment rate hit a 25-year high of 9.4 per …

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