• 2.7 million jobs have been lost since the beginning of the recession in December 2007.
  • Private, non-farm workers earned an average of $18.36 per hour in November 2008.
  • Employers made 2,328 mass layoffs in November, each with at least 50 employees involved; the total number of employers laid off in November was 224,079.

Source: U.S. Bureau of Labor Statistics

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.