US em­ploy­ers shed 85 000 jobs

Weekend Argus (Saturday Edition) - - ISSUES -

WASH­ING­TON: Lack of con­fi­dence in the eco­nomic re­cov­ery led US em­ploy­ers to shed a more-than-ex­pected 85 000 jobs in De­cem­ber, even as the un­em­ploy­ment rate held at 10 per­cent. The rate would have been higher if more Amer­i­cans had been looking for work in­stead of leav­ing the labour force be­cause they couldn’t find jobs.

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