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Archive Home > 2010 > January > 09 > Hopes of a turnaround dim as job losses mount again

Hopes of a turnaround dim as job losses mount again

‘There is almost no hiring’ as the unemployment rate is expected to climb ahead of November elections

By Peter S. Goodman / The Bulletin
January 9, 2010

As America absorbed word that 85,000 jobs disappeared from the economy in December, hopes for a vigorous recovery ran headlong into the prospect that paychecks could remain painfully scarce into next year.

“We’re still losing jobs,” said Dean Baker, co-director of the Center for Economic and....

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