Economy loses 524,000 jobs in December
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20090109/2009_01_09t084211_450x350_us_usa_economy.jpg?x=130&y=101&q=85&sig=.memeOBdIs8aSsI8Rhw92Q--" align="left" height="101" width="130" alt="Employers slashed payrolls by 524,000 in December, driving the unemployment rate to its highest level in almost 16 years, a government report showed on Friday, suggesting that the year-long recession was deepening. (Graphic/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090109/bs_nm/us_usa_economy)Reuters - Employers slashed payrolls by 524,000 in December, driving the unemployment rate to its highest level in almost 16 years, a government report showed on Friday, suggesting that the year-long recession was deepening.</p><br clear="all"/>
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