Job Losses increasing rapidly.

December 05, 2008 - Bureau of Labor Statistics
Job Losses increasing rapidly.
"This is a dismal jobs report," said Keith Hall, commissioner of the Bureau of Labor Statistics, at a congressional hearing. "There's very little in this report that's positive. This is maybe one of the worst jobs reports the Bureau of Labor Statistics (founded in 1884) has ever produced."
The number of jobs lost in the current recession, which began in December 2007, surpasses the 1.6 million jobs lost in the 2001 recession.
Nonfarm payroll employment fell sharply (-533,000) in November, and the unemployment rate rose from 6.5 to 6.7 percent. Job losses were large and widespread across the major industry sectors.
Download Employment Situation November 2009 (PDF)
http://www.bls.gov/news.release/pdf/empsit.pdf