unemployment rate

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Unemployment Hits 9.8%
 Unemployment Hits 9.8% 

Unemployment Hits 9.8%

Employers cut 263,000 jobs, more than expected

(Newser) - More evidence that jobs are bringing up the rear in the economic turnaround: Employers shed 263,000 jobs in September, more than August and far more than expected, raising the unemployment rate to 9.8%. Most of the job losses came in fields such as retail, construction, and manufacturing, notes...

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