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Jobless spike deepens pain Economy
score: +1
score: -1
score: 2, Economy, 2008-06-06 21:00:39, published by CNN
A spike in the unemployment rate -- the biggest in more than two decades - raised new concerns today that a weak labor outlook, high oil prices and continuing woes in the housing and credit markets are leading the U.S. economy into a recession. CNNMoney.com reports the jobless rate hit 5.5 percent i... [additional details]