American Morning

Companies need confidence to hire again

The Labor Department released November unemployment numbers today. The report showed 15.4 million Americans are now unemployed and seeking work. That's down 325,000 from the October reading.

And while President Obama is brainstorming with his finest economic minds to find jobs for them, the fact is few firms have the cash or the confidence to add staff right now. Our Allan Chernoff reports in this American Morning original.

Read more: Job market shows big improvement