What industries in the U.S. have experienced the greatest job losses and job gains since 2008?
The economy is down 6.3 million jobs since 2008 with the greatest job losses coming in construction and manufacturing . No surprise there.
While President Obama talks about an economic recovery he says is taking place, albeit slower than he is comfortable with, the numbers on the jobs front seem to tell a different story.
The story being told is one of an economic malaise that has left the economy around 12 million jobs light assuming that instead of losing 6.3 million jobs over the past three years close to 2 million per year should have actually been created!
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Michael writes about topics that are central to the US economy and the real estate market primarily in New York.