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Economic News, Data and Analysis

Unemployment Up to 6.4%

The Bureau of Labor Statistics today released unemployment figures for June. The unemployment rate rose to 6.4% from 6.1% the previous month.
This (to me at least) was a surprisingly large jump.
In addition, employment levels fell by 30,000 – a further indication of the current weakness in the labor market.
Employment Situation, June 2003

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Filed under: Data, Economy, Recession

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