Job Losses Decline Significantly in January 2010
The January numbers indicate that the economy lost a net 20,000 jobs; refreshing news amidst revised December 2009 losses of -150,000 jobs. The unemployment rate declined in January to 9.7%, representing a total of 14.8 million people. However, the ranks of long-term unemlployed continues to grow -- now at 41.2% of all unemployed. Black unemployment was 16.5%, white unemployment was 8.7% and Latino unemployment was 12.6%. Professional and business services (44,000), retail trade (42,100) and education & health (16,000) in January. Construction led job losses in January, losing 75,000 jobs.
| Attachment | Size |
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| 2010 January Employment Report.pdf | 97.34 KB |
