Wednesday, March 04, 2009

The Employment Plunge Continues

The United States lost 697,000 jobs in February, well above the 630,000 forecast by analysts. Of those, 219,000 were manufacturing jobs. Service sector job losses accounted for 359,000 of the new jobless.

http://news.smh.com.au/breaking-news-world/us-private-sector-shed-697000-jobs-adp-20090305-8on5.html

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