What's a Realistic Retirement Age?
Farmers Hit the Jackpot in Kansas Oil Boom
Cue the alarms, the warning sirens, the panic and the bear stampede on the Street today ... the U.S. nonfarm payrolls dropped unexpectedly in December.
The good news? November nonfarm payrolls were actually revised higher, reflecting a gain of 4,000 jobs. Despite November's gain, payrolls dropped by 4.2 million in 2009, bringing the two-year total of job losses for the recession to 7.3 million. As for the official unemployment rate, it remained at 10% during December. That said, the data that includes discouraged workers and those forced to work part time increased to 17.3% from 17.2%. Perhaps the most discouraging aspect of the report was that there were "few signs of further improvement in labor conditions."
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
