Friday, November 7, 2008

Jobs: 240,000 Americans lost theirs in October. The unemployment rate climbed to 6.5 percent , the highest level since 1994 and up from 6.1 percent the month before.[1] GM lost $4.2 billion in cash in the third quarter caused by the weak economy and a shift in consumer preferences.[2]
Ford lost $2.9 billion during the same period.[3]

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