Financial Times FT.com

Job losses spark calls for fresh stimulus plan

By James Politi in Washington

Published: August 7 2008 16:17 | Last updated: August 7 2008 16:17

Democrats in Congress were quick to pounce last Friday when a government report on the health of the US labour market in July offered the latest batch of disappointing news.

As they headed back to their districts for the five-week summer recess, many senior legislators said the rise in unemployment and seventh consecutive month of job losses showed a second package was needed to stimulate the economy.

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