Reuters: U.S. job losses worst since 1974 as recession bites

[chris]

U.S. job losses worst since 1974 as recession bites
      

WASHINGTON (Reuters) - U.S. employers axed payrolls by 533,000 jobs in November, the most in 34 years and far more than expected, government data on Friday showed, as the year-old recession hammered every corner of the U.S. economy.<div class="feedflare">
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