January Records Worst Monthly Loss since 1974; EmploymentCrossing Accelerates Active Job Postings (2009-02-08)
The US unemployment rate has crossed 7.6% last month, the highest it’s been in nearly 34 years. The US economy lost 598,000 jobs in January, according to the US Bureau of Labor Statistics report for the month. Fortunately, EmploymentCrossing, one of the leading job boards in the world, was able to post over 200,000 jobs last week in US alone, a terrific effort indeed, considering the country’s current job market. The job site is now revving its own workforce to generate as many job postings as it can in order to relieve the unemployed of their present plight.
