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NEW YORK (CNNMoney.com) -- The battered U.S. labor market took a step backwards last month as employers trimmed more jobs from their payrolls in June, according to a government report Thursday. Full Article at CNN/Money
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Recovery `temporarily waylaid' as jobless rate reaches 26-year high WASHINGTON–American employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 per cent. Full Article at Toronto Star
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NEW YORK -- Retail job cuts moderated in June, when U.S. merchants trimmed 21,000 as they kept shuttering stores, but weakness in the overall job market looms over retailers, who need consumers to spend more freely. Full Article at Miami Herald
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The Labor Department reported a sharp decline in nonfarm payrolls last month and a slight increase in the unemployment rate as the labor market continues to shed jobs during the worst recession in decades. Full Article at iStockAnalyst
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In this June 30, 2009 photo, an unemployed worker talks at a KFC and Wendy's booth at a job fair in San Jose, Calif. Full Article at Miami Herald
