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News Link • Economy - Economics USA

U.S. employers shed 85,000 jobs in December, unemployment stays at 10 percent

• McClatchy News
Employers slashed another 85,000 jobs in December, the government said Friday, a greater than expected number that nonetheless points to the trend of diminishing layoffs.

The report from the Bureau of Labor Statistic also revised November job figures to reflect actual positive growth for the first time since Dec. 2007, the start of the deep U.S. recession. Statisticians said that employers added 4,000 jobs in November, not the 11,000 in job losses reported that month.

1 Comments in Response to

Comment by Lola Flores
Entered on:

 So?  What exactly seems to be the problem here?  The banksters are rich and happy.  The Military Industrial Complex is healthier and happier than ever.  The health insurance company just got a big pay out.  All's well in the land of the thief, home of the slave.

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