U.S. Labor Department

December Chill: 85,000 Fewer Jobs

The nation's return to job growth will have to wait at least another month, as the world's largest economy unexpectedly lost 85,000 jobs in December. However, the unemployment rate held steady at 10% and the November job total was revised to a gain of 4,000 jobs from a loss of 11,000 jobs, the U.S. Labor Department announced Friday.

Worker productivity unexpectedly rises

Say one thing about the nation's pronounced recession: worker productivity has not disappeared. U.S. Q1 worker productivity unexpectedly rose at a...