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Worst U.S. Job Data in a Year Signals Stalling Recovery

Posted on June 1st, 2012 at 23:00 by John Sinteur in category: News -- Write a comment

[Quote]:

A dismal job market report Friday gave a resounding confirmation to fears that the United States recovery has markedly slowed, reflecting mounting evidence of a global slowdown.

The report, which showed the smallest net job growth in a year and an unemployment rate moving in the wrong direction, was a political game-changer that bodes ill for President Obama as he faces re-election.

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