Snapshot of Recession: Job Loss Figures Tell the Story
Morici predicts the trend to continue with this Friday’s release of November employment figures, forecasting the loss of nearly 300,000 more jobs.
Based on U.S. government statistics, the nation has lost more than one million jobs since December of 2007.
U.S. Monthly Job Losses 2008
Jan. 76,000 jobs lost
Feb. 83,000
March 88,000
April 67,000
May 47,000
June 100,000
July 67,000
Aug. 127,000
Sept. 284,000 (preliminary)
Oct. 240,000 (preliminary)
2008 Cumulative Job loss: 1,179,000
Nov. 275,000 (projected)
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