Sunday, June 7, 2009

The number of new job losses is slowing

The number of new job losses per month is slowing, but the economy is still losing jobs.

This graph shows new job losses per month, not cumulative job losses:

Even when job gains per month rise above zero, the unemployment rate is likely to keep increasing, because it takes about 150,000 new jobs per month just to keep up with population growth.

No comments:

Post a Comment