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Jobless rate tops 10 percent for first time since '83

WASHINGTON -- The unemployment rate has surpassed 10 percent for the first time since 1983 -- and is likely to go higher.Nearly 16 million people can't find jobs even though the worst recession since the Great Depression has apparently ended. Many economists worry that persistently high unemployment could undermine the recovery by restraining consumer spending, which accounts for 70 percent of the economy.


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