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US Sees Worst Decline in Jobs Since 2003

Payrolls dropped by 63,000; recession fears intensify

By Jim O'Neill,  Newser User

Posted Mar 7, 2008 7:58 AM CST

(Newser) – The US lost 63,000 jobs in February, the second straight month payrolls contracted and the worst drop since 2003, catching economists off guard and fanning fears of recession anew, Bloomberg reports. Economists hoped the economy would add 23,000 jobs after declining a modest...   Read full story »

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