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Slumping Housing Market Puts Nearly 1 Million Out of Work

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Jobs attached to the housing market have hit the skids since the beginning of this year. Hundreds of thousands have lost jobs already, and others will follow in the wake of the bursting housing bubble. After all is said and done, the employment collapse in the financial sector alone is expected to rival the job loss that occurred in the airline industry after the 2001 terrorist attacks.

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