Recession and (lack of) jobs

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

By staff Writer | December 31, 2008 at 07:00 PM

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

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