Friday, March 07, 2008

Jobs in the United States went down in February

The Bureau of Labor Statistics released the employment situation information for February this month. I know this is my second the government does numbers post of the week, but a loss of 63,000 jobs in the US economy or as the BLS states "Nonfarm payroll employment edged down in February" (from the press release) deserved citation I thought. The Federal Reserve also announced this morning two initiatives in regards to shoring up the financial system.

Want to see what the press is saying about this job loss? Check out the Washington Post's "Job Market Takes a Hit From Weak Economy: Federal Reserve Announces New Steps to Ease Credit Crisis" or Fox News "Employers Slash Jobs by Most in 5 Years, Feeding Recession Fears."

Want more information? Check out the library's labor and employment guide.

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