15.1 Million Now Unemployed in the U.S.

As America continues to reel from the effects of the worst recession since the 1930s, the unemployment rate for September registered at 9.8%, with a loss of 263,000 jobs. Furthermore, many saw a reduction in the average workweek as well as overtime decreasing in many industries, reports the Bureau of Labor Statistics (BLS).

And while Health care continued to see an upward trend in September (19,000), the number of jobs in financial activities, professional and business services, leisure and hospitality, and information reflected little or no change over the month. The largest job losses registered were in construction (-64,000), manufacturing (-51,000), retail trade (-39,000), and government (-53,000).

In the meantime, while businesses are beginning to make money again, the majority will not be rehiring their workers laid off anytime soon. With unemployment remaining at a 26-year high, Democrats will want to see a faster recovery as the 2010 mid-term elections draw closer.

Posted by RecruitingTrends.com on December 17, 2009. Filed under Healthcare, Hospitality. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry