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According to payroll reports private secotr jobs haven fallen by 79,000 in June. The jobs lost exceeds the number economists forecasted.
The goods-producing buinesses dropped 76,000 (the 19th month in a row) and the services sector saw a 3,000 job loss. A majority of the losses came from the manufacturing area--44,000.
Economists predicited a decline of only 20,000.
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