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U.S. unemployment rate hits 9.4% in May, highest since 1983

Jun. 5, 2009
The Labor Department report offers some hope, however: The 345,000 jobs lost last month are the fewest since September and half the average of the previous six months. The nation's breathtaking pace of job loss slowed significantly in May, bolstering hopes that the worst of the recession is over....
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
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Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler