Latest Job Data: July 2008 summary
By CareerBuilder blogger on Aug 1, 2008 in Job Surveys, Jobs, Unemployment
The Bureau of Labor Statistics released its monthly summary of job data for July 2008.
Among the most notable items in the report:
- Unemployment rose from 5.5% in June to 5.7% in July.
- There were 51,000 fewer jobs in July. Total job loss for 2008 so far is 463,000. That is an average of 66,000 jobs lost per month.
- The most notable losses were in construction, manufacturing and employment services. The drop for employment services indicates far fewer companies are using temporary help.
- The report also mentioned that teenagers and young adults who usually take on part-time jobs during the summer have had challenges in finding a job this year.
You can see the entire press release here.
Eric | Oct 9, 2008 | Reply
…and here I am thinking about pounding the pavement again, in THIS market. I must need my head examined.