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US loses 467,000 jobs, unemployment at 9.5%

Posted on: July 3rd 2009 in Press Releases.

WASHINGTON: US employers cut 467,000 jobs in June, far more than expected, while the unemployment rate rose to 9.5 percent, on Thursday in a report that showed a labor market continuing to struggle with a deep recession. The June job losses were more than 100,000 greater than the 363,000…

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