Friday, February 1, 2008

U.S. loses jobs for first time in 4-1/2 years (Reuters)



U.S. employers unexpectedly cut 17,000 non-farm jobs in January, the first time in nearly 4-1/2 years that U.S. payrolls shrank as fading construction and manufacturing sectors reflected the economy's waning momentum. (Graphics/Reuters)Reuters - U.S. employers cut payrolls for the
first time in 4-1/2 years in January, the government said on
Friday, though a later report showing a modest revival in
manufacturing activity took some sting from the job losses.




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