The American economy was dealt another brutal blow in November with the loss of a startling 553,000 jobs, the government announced today.
The number was much worse than Wall Street analysts had predicted. It was the largest monthly decline since December 1974 and it shows just how long and bad this recession has become. Since the start of the year American employers have shed 1.8 million jobs.
Just about every day, another company announces a big round of layoffs.
Just today, General Motors...Full Story