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Freitag, 5. Dezember 2008

Massive US job losses

US job losses steepest since 1974
By Joanna Chung in New York Published: December 5 2008 14:05
The US economy lost a stunning 533,000 jobs in November – the largest monthly drop in more than three decades – as the unemployment rate jumped to 6.7 per cent, the labour department said on Friday. The non-farm payroll data were far worse than expected by many economists, whose median forecast was that employers would shed about 340,000 positions in November. more details in Financial Times here...

and here

Job Losses: 533,000 in November
Employers cut record-breaking numbers of jobs across industries, from construction to finance to retail, according to this morning's Labor Dept. announcement... more details and video in Businessweek here....

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