Increasing unemployment in US and Europe sour market sentiments
Jobless rate in United States has nearly doubled since onset of recession
Saturday, July 04, 2009
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Heavy job losses in the United States and Europe soured market sentiment, pointing to a long, slow recovery from the world's deepest recession in eight decades. Friday's euro-zone service-sector surveys for June and retails sales for May are unlikely to cheer investors either, with both sets of data expected. This Article is only available in The Daily Star on-line archive. Containing over 100,000 articles, The Daily Star archive is an excellent information source and research tool for all events in Lebanon and the region since 1997.
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 Tags: Asia, Bank, China, Europe, India, Japan, States, United States, World
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