December 7, 2010 – Just when you thought it might be safe to talk about a sustained economic recovery, the labor news in November threw ice-cold water on smoldering hopes.

According to The New York Times, after several months of improvement, hiring by businesses slowed to a crawl last month. The unemployment rate rose to 9.8 percent in November, the highest jobless rate since April and up from 9.6 percent in October.

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