Friday March 19, 2010
| Last update: Thursday at 10:10 PM
Production and Profits are Growing As 85,000 More Jobs Are Lost in December
BY Adam Price | United States | 1/08/10
On Friday, Jan. 8, the Labor Department reported that 85,000 more jobs were lost in December of 2009. This was much worse than mainstream economists predicted and shows that another ‘job-loss’ recovery may be underway.
Economic Crisis, Unemployment
Unemployment Tops 10% In October
BY Adam Price | San José, CA | 11/08/09
On Friday, Nov. 6, the Labor Department reported that the official unemployment rate for October rose to 10.2%, from 9.8% in September.
Labor Department, Unemployment
Job Losses Up in September
BY Adam Price | San José, CA | 10/08/09
On Oct. 3, the Department of Labor reported that 263,000 jobs were lost in September, an increase of 50,000 over the jobs lost in August.
job losses, jobless recovery, Unemployment
Job Cuts Continue to Hammer Workers and Communities
BY Adam Price | San José, CA | 9/01/09
Layoffs continued to hammer workers and their communities in July and August. Job losses are leading to more and more home foreclosures.
Budget shortfall, Foreclosures, Unemployment
Half a million jobs lost in June
BY Adam Price | San José, CA | 7/17/09
On July 2, the Labor Department announced that another 467,000 jobs were lost in June as the official unemployment rate rose to 9.5%.
capitalist crisis, Economic Crisis, Unemployment
No Sign of Recovery In Job Market
BY Adam Price | San Jose, CA | 4/06/09
On April 3 the monthly jobs report by the Department of Labor showed that the official unemployment rate jumped from 8.1% in February to 8.5% in March, while the economy lost another 663,000 jobs.
capitalist crisis, Unemployment
Massive Job Losses Show Economy Sliding Into a Depression
BY Adam Price | San Jose, CA | 3/12/09
On March 6, the Labor Department reported that the economy lost 650,000 more jobs in February.
capitalist crisis, Unemployment, unemployment disparity
Economy Sheds 600,000 Jobs in January
BY Adam Price | San Jose, CA | 2/11/09
On Feb. 6 the Labor Department reported that 598,000 jobs were lost in January and at the same time revised upwards their report on job losses for November and December.
capitalist crisis, Economic Crisis, Unemployment
Tidal Wave of Layoffs Continues in December
BY Adam Price | San Jose, CA | 1/10/09
On Friday, Jan. 9, the Department of Labor reported that 524,000 jobs were lost in December. With even more jobs losses in November than estimated last month, 2008 was the worst year for jobs since 1945, with more than 2.5 million jobs lost.
crisis of capitalism, Economic Crisis, Unemployment
Bottom Falls Out of the Job Market
BY Adam Price | San Jose, CA | 12/06/08
On Friday, Dec. 5, the Department of Labor reported that 533,000 jobs were lost in November, the worst one-month decline since 1974.
1930s, capitalist crisis, recession, Unemployment
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