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IPFS News Link • Economy - Economics USA

Unemployment climbs to 4.8%

8-5-2006 • AP

Gripped by caution, employers slowed hiring in July, pushing the nation's unemployment rate to a five-month high and putting pressure on the Federal Reserve to take its foot off the economic brakes. The Labor Department reported that employers

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Reported By Powell Gammill

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Unemployment climbs to 4.8%

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