Jobless rate jumps to 5-year high of 6.1 percent (AP)

Courtesy Ytop stories  Fri, 09/05/2008 - 8:23am

The dollar struck a near 11-month high versus the euro on news of slumping industrial output in Germany, Europe's biggest economy, and as the market awaited key US jobs data(AFP/Getty Images/File/Annie Tritt)AP - The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike.



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