Where the job losses (and gains) are

by Russ Roberts on October 5, 2009

in Work

From the BLS:

Since the start of the recession in December 2007, payroll 
employment has fallen by 7.2 million.

In September, construction employment declined by 64,000. Monthly 
job losses averaged 66,000 from May through September, compared 
with an average of 117,000 per month from November to April. 
September job cuts were concentrated in the industry's 
nonresidential components (-39,000) and in heavy 
construction (-12,000). Since December 2007, employment in 
construction has fallen by 1.5 million.

Employment in manufacturing fell by 51,000 in September. Over 
the past 3 months, job losses have averaged 53,000 per month, 
compared with an average monthly loss of 161,000 from October 
to June. Employment in manufacturing has contracted by 2.1 
million since the onset of the recession.

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