Now they are talking of the D word after job figures

Figures out today in the US are causing the dreaded D word to be used.

In December 524,000 jobs were lost.

The New York Times reported it as "reflecting a pervasive fear among employers that if they fail to shed workers quickly their companies may go under in a recession poised to become the worst since the 1930s."

And unemployment hit a 16-year-high of 7.2 percent.