PxPixel
Department of Labor releases December employment numbers - Trade Only Today

Department of Labor releases December employment numbers

Author:
Publish date:

The unemployment rate rose from 6.8 to 7.2 percent last month, the U.S. Department of Labor reported today.

Payroll employment fell by 524,000 during the month and by 1.9 million in the last four months of 2008. In December, job losses were large and widespread across most major industry sectors, according to the government.

Since the start of the recession in December 2007, the number of unemployed has grown by 3.6 million and the unemployment rate has risen by 2.3 percentage points.

Click here to see the full report from the Department of Labor.

Related

New boat sales relatively flat in June

New boat sales in June grew marginally, with a 1.1 percent rise in the main powerboat categories and just 0.2 percent growth overall, according to preliminary data from Statistical Surveys Inc., a Michigan firm that tracks registrations.

Mazu releases new sportfishing app

Technology and satellite communications company Mazu has launched a sportfishing app that seeks to give anglers weather and sea state information, and provide powerful communications capabilities via satellite.