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Job Losses and Surge in Oil Spread Gloom on Economy

June 7th, 2008 by

Hopes that the U.S. might skirt a recession sank in the face of indications that the economy is gripped by a slowdown and pressured by record fuel prices.

Posted in Prices (Fares, Fees and Rates), Oil (Petroleum) and Gasoline, Unemployment, Stocks and Bonds, Economic Stimulus Act of 2008, Housing, Layoffs and Job Reductions, Bush, George W, United States Economy, Labor, Economic Conditions and Trends, Presidential Election of 2008

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