Loss of 533,000 US jobs is sharpest in 34 years

Last month, businesses across the country handed out pink slips at a dizzying pace. Full Story »

Posted by Derek Hawkins

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Norman Rogers
2.0
by Norman Rogers - Dec. 6, 2008

The headline is a lie - you can't use absolute numbers for valid comparisions - you have to use percentage of labor force. Labor force is perhaps 50% bigger now. Probably what is happening is about the same as 1992.

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