Employers Cuts 159,000 Jobs In September - Most In 5 Years »

Posted By TimALoftis 1 year, 2 months ago in Business & Finance

WASHINGTON - The Labor Department said Friday that U.S. employers reduced jobs for the ninth straight month in September, with job losses for the month down 159,000 — the most in more than five years. It was a worrisome sign that the economy is hurtling toward a deep recession.

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    TimALoftis1 year, 2 months ago

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    Economist were expecting a loss of 100,000 jobs in September so this figure is much worse than expected. Over 750,000 jobs have been lost thus far in 2008.

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      abi21 year, 2 months ago

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      for the ninth straight month in September, with job losses for the month down 159,000 — the most in more than five years. It was a worrisome sign that the economy is hurtling toward a deep recession.
      http://theusefulinfo.com

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