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US jobless rate at new high of 10.2%

Job losses for August and September were revised to show 91,000 fewer jobs were lost than previously reported, taking some of the sting out of the report. While the revisions hinted at some improvement, economists had expected the jobless rate to rise to 9.9% from September's 9.8%. A wider gauge of labour-market slack that includes unemployed Americans who have given up looking for work hi

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