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Jobless Rate To Rise With Looming Government Shutdown

Thursday, June 23rd, 2011 at 3:15 pm

WCCO is reporting that the states unemployment rate will rise over one percent if the budget impasse isn’t solved.

Hamline University Professor David Shultz says that the jobless rate will rise to 7.8 from 6.6 should the government shutdown.

38,000 Minnesotans have received layoff notices that will go into effect with the potential shutdown on July 1st.

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