Friday, April 03, 2009

5.1 million jobs Lost


Nonfarm payroll employment continued to decline sharply in March (-663,000),
and the unemployment rate rose from 8.1 to 8.5 percent, the Bureau of Labor
Statistics of the U.S. Department of Labor reported today. Since the recession
began in December 2007, 5.1 million jobs have been lost
, with almost two-thirds
(3.3 million) of the decrease occurring in the last 5 months. In March, job
losses were large and widespread across the major industry sectors.
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Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.
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