Employment Picture Bleak

By on September 28, 2009

Peter Goodman, reporting for the N.Y. Times, points out that job seekers outnumber openings six to one; which is the worst ratio since the government began tracking open positions in 2000. During the last recession, in 2001, the number of jobless people reached little more than double the number of full-time job openings, according to the Labor Department data. Despite stimulus spending, government job openings are down 17 percent this year. Goodman provides several anecdotal hardship stories which show the plight of jobless workers.

Click on charts for larger image:

Source:

http://www.nytimes.com/2009/09/27/business/economy/27jobs.html?_r=1
***

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>