Economy Loses 467,000 Jobs In June; Unemployment Edges Up to 9.5 Percent

Dean Baker, Truthout: "Unemployment among men is near its all-time high on record. The economy shed another 467,000 jobs in June, as the unemployment rate edged up to 9.5 percent. The rise in unemployment would have been higher except 155,000 people left the workforce, pushing down the employed percentage of the population (EPOP) by 0.2 percentage points to 59.5 percent."

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