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Thursday, Mar 28, 2024

Unemployment Up in September

Unemployment rose in September 4.7 percent, the highest in more than a year, the U.S. Labor Department reported. Analysts say that the information suggests that, though the job market has weakened, the impact of the woes in the financial industry have not tainted the market as much as was thought just one month ago. The impact is being felt in construction, factories, retailers and financial services, but not so much in the education and health sectors, the Labor Department reported.

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