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Recession fears rise as firms slash jobs

Story date: 2008-03-08 02:27:00
Added on: 2008-03-09 16:46:15


Boston Globe - ... report that US employers cut more than 60,000 jobs last month, the biggest decline in nearly five years and the second ... has been blunted by the so-called credit crunch as banks, many sustaining huge losses from rising defaults in risky mortgages ...


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