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.

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

See Also

TAGS: Talent
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.