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US unemployment rate drops to 9%

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02-04-2011, 11:23 PM

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US unemployment rate drops to 9%

The Labor Department has revealed the unemployment rate in the US has fallen from 9.4% in December to 9% in January – confounding expectations of a rise to 9.5%. It also follows on from the sharp drop of 9.8% reported for the month of November. However, the large fall has been attributed to jobseekers giving [...]

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