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    Employers cut 533K jobs in Nov., most in 34 years (AP)

    Alex Silverman of Great Neck, NY, who lost his job 14 months ago at WaMu Capital Corp. speaks with recruiter Julia Kaufmann-Yu of High Impact Coaching at the Wall Street Pink Slip Party for Wall Street job seekers and recruiters at the Public House New York Tuesday, Nov. 11, 2008 in New York. (AP Photo/Craig Ruttle)AP - 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.


    Stocks tumble after dismal jobs report (AP)

    Traders work on the floor of the New York Stock Exchange December 5, 2008. U.S. stocks fell sharply on Friday in response to a grim U.S. jobs report that sent bond prices higher in Europe and pushed the price of crude down to $42 a barrel as prospects for the world's economies darkened.    REUTERS/Shannon Stapleton (UNITED STATES)AP - News of a rapidly weakening job sent stocks falling Friday as investors feared that the recession will be deeper and more prolonged than many have expected. The major indexes were all down more than 2 percent and the Dow Jones industrials fell more than 200 points.


    Home loan troubles break records again (AP)

    A foreclosure sign stands on top of a sale sign outside an existing home for sale in the west Denver suburb of Lakewood, Colo., on Sunday, Sept. 28, 2008. An industry group said Friday, Dec. 5, 2008, a record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as the source of housing market pressure shifted to the crumbling U.S. economy.  (AP Photo/David Zalubowski)AP - A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as the source of housing market pressure shifted to the crumbling U.S. economy.



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