EMPLOYMENT
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July jobs report, continued ..
According to an AP article by Jeannine Aversa, one of the reasons for
the decrease in he unemployment rate was that hundreds of thousands of
people left the labor force. Fewer people, though, did report being
unemployed. In total, there were 14.5 million out of work in July.
Additionally,
adjusted May and June job loss numbers were actually better than
originally reported. The May total was cut from 322,000 to 303,000 and
June was modified from 467,000 to 443,000, making the contrast to the
July total of 247,000 all the more significant.
January was the
worst month for job losses since 1949, with job losses totaling
741,000. It is estimated that the economy has lost a net total of 6.7
million jobs.
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July jobs report, continued ..
According to an AP article by Jeannine Aversa, one of the reasons for
the decrease in he unemployment rate was that hundreds of thousands of
people left the labor force. Fewer people, though, did report being
unemployed. In total, there were 14.5 million out of work in July. Additionally, adjusted May and June job loss numbers were actually better than originally reported. The May total was cut from 322,000 to 303,000 and June was modified from 467,000 to 443,000, making the contrast to the July total of 247,000 all the more significant.
January was the worst month for job losses since 1949, with job losses totaling 741,000. It is estimated that the economy has lost a net total of 6.7 million jobs.
<< PREVIOUS PAGE
Related headlines
'OC METRO Minute,' August 7: July jobs report better than expected
AutoPacific: Americans receptive to Chinese, Indian cars
Brea’s Suzuki grows up: unveils new Kizashi sedan
$9,000 off a new car? Orange County Chrysler dealers say yes
Orange County auto sales slide harder than U.S.
OC METRO, July issue: '2010 Mercedes-Benz S 400 Hybrid'
