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Half of US Automotive Plants to Close and 200,000 Jobs Eliminated?

Jeff Rubin, CIBC World Market’s chief economist, has published a report that analyzes the automotive industry Jeff predicts that the US auto industry will undergo a massive correction that will...

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Canadian Unemployment in February Hits 7.7%

Stats Canada has reported that Canada’s unemployment rate hit 7.7% in February.  In February, Ontario unemployment hit 8.7%.  Stats Canada also noted that just over half of all employment losses in...

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