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