JUST IN: Dismal Job and Home Construction Numbers

WASHINGTON (KAIT) - Just in to the Region 8 Newsroom, dismal jobless numbers and disappointing home construction numbers as well.

New-home construction sinks to pace of 550,000 in December, lowest on records back to 1959, while new jobless claims rise more than expected to 589,000, matching 26-year high.

(The Associated Press contributed to this report.)