US sheds 85,000 jobs in December; Record 40% Of Unemployed Without Job For 27+ Weeks

There is no such thing as a ‘jobless recovery’, but now Obama, Timmy, Benny and the boys maybe have to sell us a ‘rising jobless recovery’:- US sheds 85,000 jobs in December, dampening optimism (AFP):The US economy lost 85,000 jobs in December while the unemployment rate held at 10.0 percent, the government said Friday in [...] continue reading the breaking news