US employers axed 533,000 jobs in November, the biggest monthly cut in 34 years, the US Labor Department said.
http://news.bbc.co.uk/1/hi/business/7767326.stm
The United Nations says the world economy faces its worst downturn since the Great Depression.
http://news.bbc.co.uk/1/hi/business/7757506.stm
House prices fell another 2.6% in November, the Halifax says.
http://news.bbc.co.uk/1/hi/business/7764272.stm
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