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Unemployment rises to 7.6 percent

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Driven largely by a flood of new workers entering the labor force, the nation’s unemployment rate rose to 7.6 percent today as the nation’s employers reported creating just 175,000 jobs. Almost 320,000 more Americans reported having jobs in May than the previous month, according to the Bureau of Labor and Statistics survey of American households. But 400,000 Americans also entered the...

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