The pace of layoffs slowed in April as employers cut 539,000 jobs, the fewest in six months, according to a Labor Department report released Friday. But the unemployment rate climbed to 8.9 percent, the highest since late 1983.

The government released several new economic reports and Wall Street endured a roller coaster week of trading -- all of which served to underscore recent uncertainty about the state of the U.S. economy. Two finance reporters discuss the reports and…

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