Payroll losses slow, unemployment rate declines

The pace of U.S. job losses slowed more than forecast last month and the unemployment rate dropped for the first time in more than a year, the clearest signs yet the worst slump since the Great Depression may be ending. Payrolls fell by 247,000, after a 443,000 loss in June, the Labor Department said Friday in ...

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Payroll losses slow, unemployment rate declines

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