Country’s job losses mount

Posted by on Jul 3rd, 2009 and filed under Flagstaff News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

WASHINGTON — Employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 percent. Workers also saw weekly wages fall, suggesting Americans will have little appetite to spend and the economy’s road to recovery will be bumpy.

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