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A modest prediction

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September 05, 2008 – Comments (0)

Senor Market will not like this:

August Jobless Rate at 4-1/2-Year High of 6.1 Percent Reuters

The U.S. unemployment rate unexpectedly shot up to 6.1 percent in August, its highest in more than 4-1/2 years, as employers cut payrolls for an eighth straight month and labor markets showed signs of accelerating decline.

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