LayoffBlog.com

December 5, 2008

November: Most jobs lost in 34 years

According to CNNMoney: “Payrolls shrink by 533,000, bringing 11-month decline to 1.9 million. Unemployment soars to 6.7%”.
“The economy shed 533,000 jobs in November, according to a government report Friday – bringing the year’s total job losses to 1.9 million.

November had the largest monthly job loss total since December 1974.”

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