Non-farm payrolls, which are measured by a separate survey of employers, fell by 190,000. Economists had predicted an average of 175,000 job losses and a 0.1 percent rise in the unemployment rate. The survey households—which include the self-employed and incorporate a better measure of small businesses—showed much higher level of job losses: 558,000.
About 61,000 US manufacturing jobs were lost last month, bringing the total number of manufacturing jobs lost to 2.1 million since the recession began in December 2007. Retail trade dropped by 40,000 jobs, and the service sector as a whole lost 61,000 jobs.
The Unemployment Rate
is now the highest it has been in 26 years, and there appears to be no end in sight:
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