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World recession fears grow as U.S. unemployment jumps to 5.5%, the biggest rise since 1986 - Read More

Date Added: June 07, 2008 01:20:03 AM
The U.S. unemployment rate jumped to 5.5 per cent in May - the biggest monthly rise since 1986. The latest snapshot of business conditions showed a deeply troubled economy, with dwindling job opportunities in a time of continuing hardship in the housing, credit and financial sectors.

Category: Business & Economy » Opportunities


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