Financial Times FT.com

US loses jobs at fastest rate in 5 years

By Chris Bryant and Krishna Guha in Washington

Published: April 4 2008 14:11 | Last updated: April 4 2008 19:04

US employers in March cut more jobs than at any time since the start of the Iraq war and the unemployment rate climbed more than expected, reinforcing fears that the economy has slipped into recession

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