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Job cuts drop unexpectedly (access required)

by Associated Press

Published: September 17,2009

Time posted: 11:07 am

Tags: Employment, recession

WASHINGTON (A.P) - The number of newly laid-off workers seeking unemployment benefits fell last week to the lowest level since early July, evidence that job cuts are slowing. The Labor Department said Thursday that initial claims for unemployment insurance dropped to a seasonally adjusted 545,000 from an upwardly revised 557,000 the previous week. Wall Street ...





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