ForexNewsMarket.com 5/11/2009 News

 

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5/11/2009

Job Losses Hit Six Month Low

Job losses have fallen to the lowest level in six months despite a rise in the unemployment rate. 539,000 jobs were cut in the month of April, a significant improvement from the number in March.

The improving economy and fall in number of job cuts seem to indicate that the worst of the recession could be over.

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