Unemployment Up, Stoking Recession Fears
Unemployment Up, Stoking Recession Fears
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Wary employers clamped down on hiring and pushed the unemployment rate to a two-year high of 5 percent in December, an ominous sign that the economy may slide into recession. President Bush explored a rescue package, including a tax cut, with his economic advisers. |
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News entry number 3762 added on Jan 5, 2008 in the Business News category.
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