Job losses hit 2.6 million as layoff pain deepens (Journal Gazette & Times-Courier)

WASHINGTON (AP) — A staggering 2.6 million jobs disappeared in 2008, the most since World War II, and the pain is only getting worse with 11 million Americans out of work and searching. Unemployment hit a 16-year high of 7.2 percent in December and could be headed for 10 percent or even higher by year’s end.

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