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Reload this Page Dismal Jobs Report Puts Pressure on Fed
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Old 01-04-2008, 08:59 PM
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Default Dismal Jobs Report Puts Pressure on Fed
The unemployment rate jumped to an even 5 percent in December, and the Labor Department said business payrolls expanded by a weaker-than-expected 18,000. Analysts say the report increases the odds of another interest-rate cut, but the stock market was took a dive.

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