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Employers Slashed 80,000 Jobs in March Friday April 4, 10:10 am ET By Jeannine Aversa, AP Economics Writer Employers Chopped 80,000 Jobs Last Month; Unemployment Rate Rose to 5.1 Percent WASHINGTON (AP) -- Employers buffeted by talk of recession slashed 80,000 jobs in March, the most in five years and the third straight month of losses. At the same time, the national unemployment rate rose from 4.8 percent to 5.1 percent, the clearest signal yet that the economy might already be shrinking. The new snapshot of the job market, released by the Labor Department Friday, underscored the damage that a...

Leaked Details Say BBC Will Cut 1,500 Extra Jobs - BBC Friday March 18, 10:36 AM EST LONDON (Dow Jones)--The British Broadcasting Corp. (BBC.YY) is to cut about 1,500 jobs in news and other programs over three years, a source close to the situation said, the BBC reports on its Web site. Complex plans were approved by the corporation's governors and later director general Mark Thompson met the three broadcasting unions. In leaked details, a senior source said these cuts would be on top of those already planned. Unions have said they will fight the cuts. The BBC has declined...