Under Socialist Hugio Chavez Venezuela Jobless Rate Falls to Eight-Year Low
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Venezuela's economy swelled 10.2 percent in the past year on government oil revenue, driving a consumer spending boom that helped create 424,000 jobs in November. President Hugo Chavez's government plans to pour nearly half its budget into social and job creation programs next year, and aims to slash unemployment to 7 percent next month, INE President Elias Eljuri said in today's release.
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