U.S. payrolls shrink for third straight month

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WASHINGTON – U.S. nonfarm payrolls shrank by 80,000 jobs last month, after losing a revised 76,000 per month in January and February, the U.S. Department of Labor’s Bureau of Labor Statistics said today. “Over the past three months, payroll employment has declined by 232,000,” the BLS noted. Not only did U.S. payrolls shrink for a…

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