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Employers Slashed 80,000 Jobs in March

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Employers Slashed 80,000 Jobs in March Employers buffeted by talk of recession slashed 80,000 jobs in March, the most in five years and the third straight month of losses. At the same time, the national unemployment rate rose from 4.8 percent to 5.1 percent, the clearest signal yet that the economy might already be shrinking.

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