A Half-Year of Job Losses For the first six months of 2008, the U.S. economy lost 438,000

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A Half-Year of Job Losses For the first six months of 2008, the U.S. economy lost 438,000 jobs. The job losses in June were concentrated in manufacturing and construction, two sectors that have been badly battered in the recession.

Source: CNN, July 3, 2008

a. Based on the news clip, what might be the main source of increased unemployment?

b. Based on the news clip, what might be the main type of increased unemployment?

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Macroeconomics

ISBN: 125367

12th Global Edition

Authors: Michael Parkin

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Question Posted: Nov 05, 2024 04:00 AM

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A Half-Year of Job Losses For the first six months of 2008, the U.S. economy lost 438,000

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Macroeconomics

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