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Fed Report: Unemployment Could Reach 10 Percent

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    Fed Report: Unemployment Could Reach 10 Percent

    Unemployment could reach 10 percent this year, according to a forecast released by the Federal Reserve Wednesday. Although there have been signs the U.S. economy is slowly emerging from the recession, the Fed predicts the economy will continue to shrink this year but at a slower pace. In May, the ...(117 words)


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