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Date Added: July 03, 2008 02:16:04 PM

WASHINGTON — Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate held steady at 5.5%. The latest snapshot of business conditions, released by the Labor Department today, showed continued caution on the part of employers who are chafing under zooming energy prices and are uncertain about how ...

Category: Business & Economy » Labor

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