Employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 percent. Workers also saw weekly wages fall, suggesting Americans will have little appetite to spend and the economy's road to recovery will be bumpy.
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Facing a July 10 government funding cutoff, General Motors Corp. is calling for quick approval of its bid to sell its "good" parts into a new company and emerge from bankruptcy protection. More Special Section: 2010 Cars
