The U.S. Department of Labor released their January 2009 report on the unemployment situation this morning with another dismal forecast. The unemployment rate rose from 7.2 to 7.6 percent in January, and payroll employment declined by 3.6 million since the start of the recession in December 2007. The report reveals that there are currently 11.6 million people unemployed in the U.S.
Almost all industries have been hit by declined employment, except for healthcare and private education which added jobs. The industries hit the worst were manufacturing (207,000 jobs lost), construction (111,000 jobs lost) and retail (45,000 jobs lost).
But there’s good news too! Plenty of employers are still hiring! We have over 3 million open jobs in our database in need of the perfect people to fill them. Start your search today!
This morning, Gautam had a live interview on Fox Business News regarding the increasing unemployment numbers and the job-searching trends that have resulted from them. Check it out!