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U.S. January job losses worst in 34 years

WASHINGTON (Reuters) - U.S. employers slashed 598,000 jobs in January, the deepest cut in payrolls in 34 years as the national unemployment rate shot up to 7.6 percent, according to a Labor Department report on Friday that underlined a deepening recession.

Sections:  news   business   
Topics:  economic crisis   economy   job cuts   records   unemployment   
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