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The labor department calling it the weakest performance in almost a year, the unemployment rate unchanged at 9.1%. jenna: another important part of the report is the revisions we saw. we saw rescissions downward for both june and july. it s raising fears right now on wall street and elsewhere about another recession. if we take a look at the dow the dow has been trading lower for most of the morning. you can see down more than 200 points right now. normally a light trading day, by the way heading into the labor day holiday. just a few moments ago i spoke with gene sperling one of the president s top advisers. i asked him why we haven t seen and didn t see job creation last month. when you re coming back from a financial recession of this debt it takes a while and you ve got to stay at it. what the president will make clear on thursday evening is while we absolutely need a long-term fiscal soundness plan for certainty and confidence and absolutely need the type of ....
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