Jobless Rate Finally Dips

Courtesy Digg - Business & Finance  Sat, 08/08/2009 - 03:40

Employers throttled back on layoffs in July, cutting just 247,000 jobs, the fewest in a year, and the unemployment rate dipped to 9.4 percent.

It was a better than expected showing that offered a strong signal that the recession is finally ending.


 

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