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U.S. private sector axes 532,000 jobs in May

Posted By D.A. On June 4, 2009 @ 9:45 pm In Uncategorized | Comments Disabled

Reuters

U.S. private sector axes 532,000 jobs in May

U.S. private employers chopped more than half a million jobs in May, signaling job conditions remain tough and dashing some hopes the economy was not deteriorating as rapidly as thought, a report on Wednesday showed. — U.S. companies axed 532,000 jobs last month…

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