Expect the January jobs report to be in line with the massive payroll declines of the previous two months.

New year, same labor market. U.S. payrolls have fallen by more than 400,000 per month in the last four months, and by 584,000 in November and 524,000 in December. We expect a 550,000 January payroll decline in the Labor Dept.'s Feb. 6 employment

As President Bush ended his term, the latest IBD/TIPP Poll showed that nearly half of Americans acknowledged his administration's policies made the U.S. safer from terrorism. Democrats are least likely to feel that way - but even 76% of them feel the U.S. is "very" or "somewhat safe." Overall, 20% of Americans feel "very safe" and 62% "somewhat safe."

The December jobs report, out Jan. 9, should show more massive payroll declines as the U.S. economy continues its downward spiral

The U.S. labor market should suffer another indignity in December to close out a miserable year. After a massive nonfarm payrolls decline of 533,000 in November-the worst monthly job loss since December 1974-we at ...