Before the Bell Jobs data, AIG, Starbucks, GE in focus U.S. stock market futures turned lower after the latest jobs figures showed the U.S. unemployment rate had moved above 10% for the first time in 26 years.
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Bond Report Treasurys turn to weekly gain after jobs data Treasury prices gain, with short-term securities on pace for a weekly gain, after a government report showed the economy lost more jobs last month than economists expected, raising concern the U.S. recovery will unfold at a painfully slow pace.
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Economic Report U.S. unemployment rate hits 10.2%, a 26-year high In another sign that workers are being left out of the budding economic recovery, the U.S. unemployment rate climbs to 10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reports.
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