From the US Govt. Bureau of Labor Statistics:
Quote:
THE EMPLOYMENT SITUATION: DECEMBER 2008
Nonfarm payroll employment declined sharply in December, and the unemployment
rate rose from 6.8 to 7.2 percent, the Bureau of Labor Statistics of the U.S.
Department of Labor reported today. Payroll employment fell by 524,000 over the
month and by 1.9 million over the last 4 months of 2008. In December, job losses
were large and widespread across most major industry sectors.
Unemployment (Household Survey Data)
In December, the number of unemployed persons increased by 632,000 to 11.1 mil-
lion and the unemployment rate rose to 7.2 percent. Since the start of the reces-
sion in December 2007, the number of unemployed persons has grown by 3.6 million,
and the unemployment rate has risen by 2.3 percentage points.
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Good luck Mr. President, and to us all...
ADG