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Job losses soar, jobless rate at 14-year high

Summary: thought.So far this year 1.2 million jobs have been lost, 651,000 in the past three months alone, showing labor markets are crumbling faster and heightening chances of a deep recession. View Larger Image Employers cut payrolls by 240,000 in October, much more severely than expected, while September registered the biggest monthly loss in jobs in nearly seven years, according

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