LayoffBlog.com

January 9, 2009

Total 2008 job loss: 2.6 million

Filed under: FYI,unemployment,US — 7macaw @ 7:29 am
Tags: , , ,

Another sobering government labor report released Friday showed the economy lost 524,000 jobs in December, bringing 2008’s total job loss to just below 2.6 million.

Last year’s steep drop in employment marked the highest yearly job-loss total since 1945, the year in which World War II ended.

According to the Labor Department’s monthly jobs report, the unemployment rate rose to 7.2% last month from 6.7% in November and higher than economists’ forecasts of 7%.

Source: CNN Money

job losses chart

job losses chart

1 Comment »

  1. I just got to join this list as of yesterday to be exact. I hope things get better sooner then later. It really stinks and I was blown away because I didn’t see it coming at all.

    Comment by honzo79 — January 9, 2009 @ 7:59 am | Reply


RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: