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Non-Tech : The ENRON Scandal

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To: Mephisto who wrote (4711)3/7/2003 8:39:38 PM
From: Mephisto   of 5185
 
Jobs Plunge 308,000 Amid War Worries
Friday March 7, 4:55 pm ET
By Caren Bohan

biz.yahoo.com

The following is an excerpt:

WASHINGTON (Reuters) - "The U.S. economy last month suffered its worst jobs drop
since the aftermath of the Sept. 11 attacks, as worries over an Iraq war led companies
to put the brakes on hiring.

Payrolls plunged 308,000 in February, the Labor Department said on Friday. It was the
biggest slide since a 327,000 drop in November 2001, just after the deadly hijack
attacks on the World Trade Center. The jobless rate rose to 5.8 percent in February
from 5.7 percent in January.

Harsh winter weather and the call-up
of military reservists to the Gulf may
have played into some of the recent
weakness."
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