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Global economy: Sharp fall on world markets

Stock markets have fallen following worse-than-expected US job figures, with the US economy adding just 69,000 jobs in May - the smallest number created since May 2011.

The UK's manufacturing sector contracted at its fastest pace for three years in May, according to analysts.

The BBC's Hugh Pym says it was a nerve-jangling day for traders globally and there are fears that growth will be hard to come by for every economy.

  • 01 Jun 2012
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