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US unemployment rate hits 8.5%

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04-03-2009, 09:47 PM

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US unemployment rate hits 8.5%

Figures from the Labor Department have revealed that the US unemployment rate rose from 8.1% in February to 8.5% in March - the highest level since 1983.Since the recession took hold in December 2007 in the world’s largest economy, over 5 million jobs have been eliminated - with more than half of these (3.3 million) [...]

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