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1. Jobs Report: Was It Really That Bad?


By Jeff Bagley
2:10 p.m. EDT

Jim Cramer asks whether 40,000 to 60,000 jobs trumps everything good that has happened.

At the risk of rationalizing an economic data point, let me add that the job losses reported this morning included the layoff of 49,000 government workers that were temporarily hired to prepare for Census 2010. In addition, consider that the margin of error on the monthly employment report is about 100,000. ...

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