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WASHINGTON, DC-The Labor Department’s monthly unemployment figures, released Friday, considerably dampened hopes that the economic recovery would be a robust one. The agency reported the addition of 83,000 private sector jobs added to payrolls last month. It also said that 125,000 jobs were lost–a number that included the loss of temporary jobs created by the US Census. 

Fears that the economy may be headed for a double-dip recession appear to be overblown, for the moment at least. The nation’s unemployment dropped to 9.5%, down from 9.7% in May. Also, the 83,000 jobs created last month were higher than the 33,000 jobs created the prior month, according to newly-revised figures. Still, economists had been hoping for job creation to breach the 100,000 mark at the very least. The economy requires 130,000 to 150,000 jobs created every month to keep pace with new workers entering the labor force. 

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