Since February of 2009 it is estimated that the U.S has lost nearly 3.3 million jobs, mostly from the private sector. This is an excerpt from a recent Investopedia article discussing the recent Jobs Report :
"The US Employment Situation report (better known as the jobs report) released on Friday paints a somewhat mixed picture of the labor market. The economy lost only 36,000 jobs in February, well below the consensus forecast of a 68,000 decline in jobs and continuing the trend of moderate job losses in recent months. Contrast that with the situation a year ago, when the economy lost 726,000 jobs.
However, the unemployment rate stayed at 9.7% for the second month, implying that about one in every 10 of the working population is still unemployed. As well, the broadest measure of labor market softness, the underemployment rate, rose to 16.8% last month from 16.5% in January. This is a measure of what percentage of workers are operating below their desired capacity. While the headline numbers underscore the challenging nature of the current job market, there are a number of sectors with solid job growth and a positive outlook."
The Investopedia article goes on to indicate 6 sectors that have actually seen growth during this period
- Healthcare
- Federal Government
- Social Assistance
- Employment Services
- Education Services
- Computer Systems and Design
If you are looking to create or expand programs in these areas, Cengage Learning has the content, services, and solutions to help. Contact us to learn more.
Posted
19 Mar 2010 9:20 AM
by
Rob Bloom