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Half-million jobs vanish as economy deteriorates (AP)

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Vic Toribio of Alameda, Calif., reads a job listing at the One-Stop Career Center Friday, Dec. 5, 2008, in Oakland, Calif. Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession. (AP Photo/Ben Margot)AP - An alarming half-million American jobs vanished virtually in a flash last month, the worst mass layoffs in over a third of a century, as economic carnage spread ever faster and the nation hurtled toward what could be the hardest hard times since the Great Depression.


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