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On August 7, 2009 the July Nonfarm Payrolls Report indicated that 247,000 jobs were lost final month. Economists, on typical, experienced anticipated 325,000 job losses. In the meantime, occupation losses for June were downwardly revised to 443,000 from 467,000. With that, the unemployment price now stands at 9.4%twenty five. It was anticipated to come in at nine.6%25 after hitting 9.5%25 in June. Average weekly hrs labored stopped its downward trend by increasing to 33.one hrs from thirty average weekly hrs in June. As for earnings, average hourly earnings increased .2%25 thirty day period-more than-month. They had been expected to make a .1%25 month-to-month increase.
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