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Jobless rate spikes to 4.4 percent as Democrats and Trump begin scramble on new spending and stimulus

Jobless rate spikes to 4.4 percent as Democrats and Trump begin scramble on new spending and stimulus

April 04, 2020

WASHINGTON - The economy shed 701,000 jobs in March, sending the unemployment rate to its sharpest one-month rise since 1975 and prompting key Democrats to launch talks about a fresh round of government aid to ward off what some economists warn could be a depression.

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