NEW YORK, Dec. 5 -- U. S. stock indexes declined Friday after the Labor Department said unemployment had reached 6.7 percent in a recession now digging it its heels.
The U. S. employment picture includes 533,000 non-farm jobs lost in November, 403,000 lost in October and 320,000 in September, the department said.
In early afternoon trading, the Dow Jones industrial average lost 136.83 points, or 1.63 percent, to 8,239.41. The Standard and Poor's 500 fell 1.67 percent, 14.09 points, to
831.13. The Nasdaq composite index lost 15.85 points, 1.1 percent, to 1,429.71.
The benchmark 10-year U. S. Treasury bond fell 8/32 to yield 2.584 percent.