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Santelli Predicts 7.9% Jobless Rate By Election

Fri 07 Sep 12 | 08:34 AM ET
In this excerpt from "Squawk Box," Rick Santelli predicts the nation's unemployment rate will be reported as 7.9 percent on the Friday before Election Day, continuing the decline that saw the August rate reported today fall to 8.1 percent from 8.3 percent in July.
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