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US jobs data spooks markets

GLOBAL share markets plunged yesterday after US employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5%.

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heraldscotland staff

GLOBAL share markets plunged yesterday after US employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5%.