Economy shed 85,000 jobs in December

01/7/2010 | Atlanta Journal-Constitution, The · NYTimes.com

The U.S. economy sloughed 85,000 jobs in December, according to today's Labor Department figures, shaking analysts' faith in a swift recovery. The job losses were worse than what economists had predicted and left the unemployment rate steady at 10%. The one bright note? Revised figures suggest the economy actually gained 4,000 jobs in November, the first increase in nearly two years.

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Atlanta Journal-Constitution, The · NYTimes.com

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