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Unemployment Rate Spikes to 16-Year High

by Jim Zarroli, NPR
January 9, 2009

The U.S. Labor Department says the nation's unemployment rate in December rose to a 16-year high of 7.2 percent. Employers cut 524,000 jobs during the month. The report also showed that 2.6 million jobs were lost in 2008, the most since 1945.

Broadcast Dates

  • All Things Considered, January 9, 2009
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