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US Unemployment Rate Drops to 6.1 Percent

The U.S. unemployment rate dropped in June to the lowest level in nearly six years, while job creation surged. Thursday's report from the Labor Department shows the unemployment rate falling two-tenths of a percentage point to hit 6.1 percent. The study also shows a net gain of 288,000 jobs. The job growth and the unemployment rate are both better than economists had predicted. President Barack Obama visited a start-up technology firm in Washington and noted that it was the...

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