December Chill: Employers Cut 85,000 Jobs

The nation's effort to return to job growth has been a little like that Charlie Brown comic strip scene where he runs to kick the football . . . only to have Lucy pull it out of the way at the last moment. Well, it looks like Lucy swiped the football again. The U.S. Labor Department announced Friday that the economy lost 85,000 jobs in December, dashing expectations of a slight gain.