Friday, January 4, 2008

Not good for the time of year or for the housing market

Unemployment jumps to 5%

Goods-producing industries cut 75,000 jobs in December, including 49,000 in construction and 31,000 in manufacturing. Construction jobs have fallen 236,000 since September 2006. Manufacturing industries tied to construction accounted for about 30% of the jobs lost in the factory sector in 2007.

Posted by yoyo1 @ 02:21 PM (416 views)
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