Tuesday, August 9, 2022 | Back issues
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Job Losses Total 598,000 in January, Jobless Rate at 7.6%

(CN) - The nation lost another 598,000 jobs in January raising the unemployment level to 7.6%. A staggering total of 3.6 million jobs have been lost since December 2007 with about one-half of the decline coming in the past 3 months. The Bureau of Labor said January's layoffs "were large and widespread."

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