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Watchwoman on the Wall
Unemployment rises to 9.1%; hiring slows to 54K new jobs
By
Donna Calvin
WASHINGTON (AP) – Employers hired only 54,000 new workers in May, the fewest in eight months, and the unemployment rate rose to 9.1 percent. The Labor Department report offered startling evidence that the U.S. economy is slowing, hampered by high gas prices and natural disasters in Japan that have hurt U.S. manufacturers. WATCHWOMAN’S COMMENTS: It’s the failed policies of the…
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