Feb 06

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Employers Slash 598,000 Jobs in January

U.S. employers shed 598,000 jobs in January, pushing the unemployment rate to 7.6 percent in the latest sign of how the nation's labor market is retracting under the weight of the recession.

Question/Comment: We live in a time of unparalleled economic crisis; a time when failure of a large company such as GM or a large financial institution could have catastrophic effects throughout the county and beyond. Why does our government allow…