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Detailed text transcripts for TV channel - KGO - 20111201:11:33:00

>> if europe goes down there will be repercussions for us. if a full blown panic goes out as we saw in 2008 there is really nowhere to hide. >> reporter: rocket booster two, american jobs, a new report says american companies hired 206,000 new workers last month. the best month for hiring in nearly a year. >> over half the jobs came from the small business sector and that suggests we are seeing new business formation pick up which is critical to have sustained recovery going forward. >> reporter...
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