Wednesday May 23, 2012
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Unemployment Up, Home Prices Down as U.S. Economy Slows
BY Masao Suzuki | San José, CA | 6/06/11
In the first week of June, two important reports showed a sharp slowdown in the U.S. economy. On Friday, June 3, the Department of Labor said that unemployment in May rose to 9.1%, while only 54,000 new jobs were created, far less than what mainstream economists were predicting.
Department of Labor, Economic Crisis, Unemployment
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