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9.7%, a rise of three-tenths of a point and the highest rate since 1983. another 216,000 jobs disappeared last month. not a pretty picture. but as anthony mason reports tonight, there are some signs that things may be starting to turn around. reporter: for the 20th straight month, the u.s. economy lost jobs in august. but the pace of those losses continues to slow. the job market is on the mend. it s going to be a long, painfu recovery but we re headed in the right direction. reporter: after the credit crisis erupted last september, monthly job losses quickly deepened, hitting a low of more than 700,000 in january. they ve now returned to levels before the panic and the government says a third of the industries in the country are hiring. this california furniture maker laid off all seven of its employees at the bottom of the recession. we had to drop our staff just down to meat. reporter: owner cliff spencer was left alone to do the carpentry while his wife lee took