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AP/Mark Lennihan
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| Janet Francis looks at job postings at the New York State Department of Labor on Thursday in the Brooklyn section of New York. Employers cut a larger-than-expected 467,000 jobs in June, and the unemployment rate climbed to a 26-year high of 9.5 percent. Francis, 36, has been unemployed for two years and has used the time to work toward her college degree in social work. |
As economy drops jobs, paychecks drop some weight
WASHINGTON -- Americans lucky enough to still have a job are noticing something unpleasant in their paychecks: They're making less money.
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