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Employers cut 533,000 jobs in November; most in 34 years

Published December 5, 2008, 9:42 am, Inside Bay Area

Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.

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More Bad Economic News on the Labor Front - Washington Post
Employers axed 533,000 jobs in November, the largest cutback in 34 years. The Labor Department's report pushes the unemployment rate to 6.7 percent - a 15 year high. U.S. employers shed more than half a million jobs in November, accelerating a steady ...

AT&T will reduce its workforce by 12,000 - Detroit News
NEW YORK -- Pressured by the economic turmoil and the mounting loss of traditional phone customers, AT&T Inc. is cutting 12,000 jobs nationwide, about 4 percent of its workforce, but the impact on Michigan is unknown. The Dallas-based ...

Fed Chairman Bernanke wants more action to curb foreclosures - Daily Jeffersonian
WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke pleaded Thursday for more government action to relieve the foreclosure crisis and break a vicious cycle in which the housing meltdown is plunging the country deeper into recession. Beaten-down ...

Employers cut 533,000 Jobs in November, most in 34 years - Herald Tribune
Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession. The new figures, released by the Labor Department Friday ...

Employers Cut Most Jobs In 34 Years - KPHO
WASHINGTON -- Employers axed 533,000 jobs in November, the most in 34 years, and the unemployment rate rose to 6.7 percent, the government said. It was dramatic proof the country is careening ever deeper into recession. The Labor Department's report ...

TheStar.com | Business | U.S. employers cut 533,000 jobs - Toronto Star
WASHINGTON?Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 per cent, dramatic proof the country is careening deeper into recession. The new figures, released by the Labor ...

Employers cut 533,000 jobs in November - Detroit News
WASHINGTON -- Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession. The new figures, released by the Labor ...

Employers cut 533,000 jobs in Nov., most in 34 years - AZCentral.com
WASHINGTON - Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession. The new figures, released by the Labor Department ...

U.S. Employers Shed Most Jobs in 34 Years - Washington Post
U.S. employers shed more than half a million jobs in November, accelerating a steady decline in the labor market with the worst monthly showing in 34 years. The Labor Department report showed monthly jobs losses of 533,000 spread across the economy ...

US employers cut 533K jobs in November, most in 34 years - Economic Times
WASHINGTON: Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession. The new figures, released by the Labor Department ...

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