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Unemployment Stays at 10%

Employers cut 85,000 jobs in December, more than expected

By the Associated Press

Posted Jan 8, 2010 7:42 AM CST

(AP) – The economy lost more jobs in December and the unemployment rate was unchanged, signs that a sluggish economic recovery has yet to revive hiring. The Labor Department says employers cut 85,000 jobs last month, worse than the 8,000 drop analysts expected. A sharp...   Read full story »

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