Friday, Jan 09, 2009

U.S. Non-Farm Payroll falls 524,000 - biggest collapse in employment since the end of World War II

U.S. Department of Labor, Bureau of Labor Statistics: Employment Situation Summary

Nonfarm payroll employment declined sharply in December, and the unemployment
rate rose from 6.8 to 7.2 percent, the Bureau of Labor Statistics of the U.S.
Department of Labor reported today. Payroll employment fell by 524,000 over the
month and by 1.9 million over the last 4 months of 2008. In December, job losses
were large and widespread across most major industry sectors.

Posted by 51ck-6-51x @ 01:40 PM (661 views) Add Comment

3 Comments

1. 51ck-6-51x said...

Bloomberg article

Friday, January 9, 2009 01:48PM Report Comment
 

2. 51ck-6-51x said...

...and Reuters

Friday, January 9, 2009 01:50PM Report Comment
 

3. crunchy said...

Obaaaaaaaaaaaaaaaaaaaaaaaaaaama the saviour with $800 billion. lol

They will learn in time!

Friday, January 9, 2009 03:37PM Report Comment
 

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