1.1 million jobs lost in last two months of 2008

[Liberal_in_LA]

Horrendous! Unemployment number due on Friday.

http://money.cnn.com/news/newsfeeds/articles/djf500/200901071254DOWJONESDJONLINE000785_FORTUNE5.htm


Report: More Than 1M Jobs Lost In Last Two Months Of '08

Employers in the private sector shed 693,000 jobs in December, a figure much higher than expected, according to a private employment service.

This comes on the heels of 476,000 jobs lost in November, meaning that a staggering 1.1 million jobs in the private sector alone were lost in just the last two months of 2008, according to ADP Employer Services.