Job Losses: By The Numbers

Employment takes a hit in 2008.

Figures from the Bureau of Labor Statistics and the Manufacturing Performance Institute/MAPI show that the end of 2008 was one of the worst periods in recent history for job losses.

6.7%
U.S. unemployment rate as of November 2008

573,000 Unemployment claims filed for the week of Dec. 6, 2008 (a 26-year high)

7.8%* Annual rate at which manufacturing production declined during third-quarter 2008

4.2%* Rate at which manufacturing production is expected to decline in 2009

Source: Bureau of Labor Statistics.
* Manufacturing Alliance/MAPI

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