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The worst is yet to come: Unemployed Americans should hunker down for more job losses
Think the worst is over? Wrong. Conditions in the U.S. labor markets are awful and worsening. While the official unemployment rate is already 10.2% and another 200,000 jobs were lost in October, when you include discouraged workers and partially employed workers the figure is a whopping 17.5%.
Submitted by
AmericanConsumer
11/15/2009
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