Payroll report: Nation loses 33,000 jobs in August: The decline was lead by a drop of 78,000 jobs among goods-producing companies -- the 21st consecutive monthly decline, according to payroll manager Automatic Data Processing Inc. The service sector, however, gained 45,000 jobs in August. Stocks plummet after retail, unemployment data: Wall Street dived sharply lower Thursday, sending the Dow Jones industrials down over 300 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery.
Friday, 5 September 2008
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