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Bad Jobs Data Trigger Freefall

Dow off 256.54, zooms past 13K on sluggish growth report

By Jonas Oransky,  Newser Staff

Posted Jan 4, 2008 3:37 PM CST

(Newser) – The worst employment-growth report since August 2003 sent the markets into a nosedive today, with the Dow ending the day off 256.54 to 12,800.18. Only 18,000 non-farm jobs were added in December, the Wall Street Journal reports, and the unemployment rate...   Read full story »

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