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. This comment has been removed by the author.

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