US jobs report: a cold blast of fear

US adds only 69,000 net jobs, the smallest gain in a year. Employers pull in their horns in the face of fears over the eurozone and worries about the US elections and the expiration of tax cuts.

The chill winds of fear and economic uncertainty, centered in Europe, are beginning to buffet the United States. Employers are slowing down their hiring. Consumers have turned cautious. It's not the present state of affairs that's got them worried, it's ... Full Story »