Friday, February 6, 2009

Industries Losing the Most Jobs

So we learned today that U.S. employment plunged by 598,000 in January, the largest monthly decline since December 1974. Although one should be careful to normalize such numbers--there is a much larger workforce today than in 1974--these numbers are striking. The table below shows which sectors are losing the most jobs: (Click on figure to enlarge.)


  1. Yeah, it is really quite sad to see the numbers keep plunging as they have been and to hear the news constantly reporting on layoff's and what not.

    I can not believe how hard the construction industry has been hit, that is a lot of lost jobs.

    Real Estate Jobs

  2. Let's talk about the industries gaining the most jobs. I think that's better than crying in our beer.