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Official Unemployment Down To 3.5% In April

Official Unemployment Down To 3.5% In April

17 May 2008

The official unemployment rate fell by 0.1% in April after three months staying at 3.6%. A total of 1.013 mn unemployed (or 3.5% of the working-age population) was registered with the State Employment Service as of May 1, 2005.  Concorde Capital:  Our estimate of ?real? unemployment remains at ~10%.

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