More than half a million jobs lost in November (UPDATE)
Dec 05, 2008 | 08:38 AM
| Corinna Petry
Nonfarm payroll employment fell by 533,000 jobs in November—the highest monthly figure since December 1974—and the U.S. unemployment rate rose to 6.7 percent from 6.5 percent, the U.S. Bureau of Labor Statistics said Friday.
November's drop in payroll employment followed declines of 403,000 jobs in September and 320,000 in October.....
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