National Job Losses Mount in September
CHAPEL HILL (October 2, 2009) – National employment numbers released today show that September was the 21st-straight month in which the economy shed more jobs than it added. Another 263,0000 positions were lost, and the unemployment rate hit 9.8 percent.
“There is no good news in the September jobs report,” says John Quinterno, a principal at South by North Strategies, Ltd., a research firm specializing in economic and social policy. “Jobs are disappearing en masse, unemployment is rising, and the share of the population engaged in economically productive activities is dropping.”
Click to read South by North Strategies’ analysis of the latest employment report.