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Aug 01

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U.S. Employers Cut 51,000 Jobs in July

By Admin, PBS News Hour

The U.S. unemployment rose to its highest level in four years in July as employers slashed 51,000 jobs, according to a Labor Department report released Friday.

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Jul 03

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Economy Burdened by Job Losses, Slipping Sales, Oil Costs

The Labor Department announced the sixth consecutive month of job cuts Thursday as employers cut 62,000 workers, further fueling U.S. economic concerns. Analysts examine the news.

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Jul 03

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U.S. Employers Cuts Payrolls by 62,000 in June

By Admin, PBS News Hour

The Labor Department announced the sixth consecutive month of job cuts as U.S. employers cut 62,000 non-farm workers from their payrolls in June, creating the longest-running decline since 2002.

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Jun 16

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Obama, McCain Talk Economy, Iraq on the Campaign Trail

Presidential candidates Barack Obama and John McCain hit the campaign trail yesterday to discuss their views on economic policy and Iraq. Kwame Holman reports on the state of the campaign.

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Jun 09

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Fuel Costs, Job Losses Batter U.S. Economy

Rising fuel prices and news of massive job losses buffeted an already shaken U.S. economy in the past week. The record energy prices are affecting the cost of everything from baked goods to diapers. Journalists John Authers and Roben Farzad…

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Jun 06

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College Grads to Face Toughest Job Market in Years

Amid worsening economic prospects, marked by Friday's Labor Department report announcing new unemployment highs, the class of 2008 faces a tough job markets for new college graduates. Two career-development experts discuss the challenges ahead for new job-seekers.

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Jun 06

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Unemployment Rate Jumps as Economic Woes Mount

The nation's unemployment rate hit 5.5 percent in May as employers cut some 49,000 jobs, providing a fresh snapshot of a still-struggling U.S. economy. Mark Zandi, chief economist with Moody's Economy.com, explains the new Labor Department report and what it…

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May 29

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Rising Violence Pushes Immigrants to Flee South Africa

Political fear and uncertainty in Zimbabwe have driven many people to neighboring South Africa, prompting a violent backlash from South Africans who claim that jobs are being lost to immigrants. Analysts examine the dynamics that have led to this rise…

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May 22

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S. Africa Reels From Anti-Immigrant Violence

By PBS News Hour

South African soldiers have been deployed to help curb a recent burst of anti-foreigner violence that has killed at least 42 people and damaged the country's efforts to shore up its economic and political stability.

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May 02

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Labor Dept. Report Shows Fewer Jobs Lost in April

By Admin, PBS News Hour

Employers cut fewer jobs in April than in recent months and the unemployment rate dropped to 5 percent, the Labor Department announced Friday.

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