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Commodities Briefing - Categorized | Commentaries, Commodity Crisis, Investment, Market Pulse

Investors flee commodities after bad jobs data

Posted on 03 July 2009

From AP: Commodity prices fell sharply Thursday as a worse-than-expected jobs report sent investors in search of less risky assets.

The Labor Department rattled the market when it said employers slashed 467,000 jobs in June, far more than the 363,000 economists had expected. The unemployment rate jumped to a 26-year high of 9.5 percent………Full Article: Source

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