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Jobless Rate Rises Sharply in Uncertain Economy
Washington reports unemployment jumped from 4.4 to 4.8 percent last month, the steepest rise in a decade, as inflation concerns and Nixon policy divergences sharpen market nerves. Official totals show 3.552 million unemployed, with seasonally adjusted figures suggesting 3.948 million after adjustments, amid construction and agriculture still hit by policy-led cuts.
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Washington
Bureau of Labor Statistics
Nixon