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Shanghai copper ended down 1 percent on Friday, after dismal US job data raised doubts about a speedy economic recovery, but traders and analysts expect demand for the industrial metal to improve in the second half of the year despite the summer lull. The United States lost more jobs in June than expected, while the unemployment rate hit 9.5 percent, the highest in nearly 26 years, dimming hope for a rapid economic recovery.

Copyright Reuters, 2009

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