The Latest Employment Numbers
Since the recession began in December 2007, 5.7 million jobs have been lost. In April, job losses were large and widespread across nearly all major private-sector industries. Overall, private-sector employment fell by 611,000.
The number of unemployed persons increased by 563,000 to 13.7 million in April. Over the past 12 months, the number of unemployed persons has risen by 6.0 million, and the unemployment rate has grown by 3.9 percentage points.
Other Articles of Interest:
- In February: 1,000 Jobs Lost Every 24 Hours
- Six out of Ten Consumers Now Believe U.S. Is In a Recession
- Laid Off? No New Job? How Bad Can It Get?
- Oil Profits Shatter Records
- Wendy’s Announces 2007 Full Year and 4th Quarter Results
- Food prices falling in US stores
- Warren Buffett: Economy Has ‘Fallen Off a Cliff’
- Fast Food Industry Sees Shorter Lines Due to Current Economy
- Profits grow on the appeal of hometown food
- Downturn Bites For Restaurants
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