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Tuesday, May 11, 2010

No wonder I only got a C in Econ 101

From the NYT 5/7/10:

The American economy added 290,000 jobs in April, a stronger gain than expected, with revised figures making it the fourth straight month of employment growth, the Labor Department said Friday, with a cumulative increase of 573,000 jobs in the past four months.

At the same time, the unemployment figure rose from 9.7% to 9.9%.

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