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Unemployment rate inches up to 9.5%, which is higher, but a tad less
than expected. Hourly earnings stayed flat, and new jobless claims is still over 600K. Overall I'd say this is some nasty data, but I really did expect the unemployment rate to be worse than expected... we'll see how the markets take this all in. Flat earnings points to deflation though... watch the dollar today. You must Sign in before you can post messages.
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