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US unemployment rate reaches 7.6%

http://newsvote.bbc.co.uk/1/hi/business/7874955.stm

"According to the US Labor Department, the economy lost 598,000 non-farm jobs for the month, and it also revised upwards the job losses for December."

Comments

  • purch
    purch Posts: 9,865 Forumite
    Stocks Up............Treasuries Down :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • purch
    purch Posts: 9,865 Forumite
    ............and USD up !!!!!!!!!! :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • BBC have edited their page;

    "The Labor Department revised upwards its estimate of job losses for December to 577,000 from 524,000."


    50,000 is the ADJUSTMENT, ouch.
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