US lost 17,000 jobs

Posted on February 2, 2008
Filed Under Business, Economy |

The economy lost 17,000 jobs in January, the lab reported Friday the department, the first monthly decline in four years, and most of the evidence more striking that the United States may be slipping into a recession.

So far, the labour market was continuing to grow if the pace softening. Many economists refer to the extension of the final salary holdout a slow economy weighed angry at Wall Street, the collapse of the real estate bubble and a cascade of problems of credit in connection with dairy products acidified Subprime mortgages.

But the report in January tenure of employment of the labour market in the darkest of an astonishing light. Jobs disappear in a wide range of occupations, with steeper losses coming in manufacturing, construction and the production of industrial goods.

In addition, darkness, the government has said that the level of employment has been much lower when he was originally in December. The latter figure was based on an annual review of each job by unemployment insurance.