Got a Job? Well, You May Want to Keep It!
June 05th, 2009
Despite the increased percentage of unemployed, layoffs leveled off somewhat last month with employers only eliminating 345,000 jobs. That number marks the lowest slash in work force numbers since last September, nearly eight months ago.
The ease in layoff numbers point to a likely loosening the recession has had on the country even though overall unemployment percentage was up. It's the fourth straight month the layoff pace has slowed.
It's definitely not easy to get a job these days in America and that fact has only been continued into the month of May. Government officials have pledged to help bring down the high numbers by helping the unemployed with new training.
The U.S. economy has lost nearly 6 million jobs dating back to September 2007. The slowing of layoffs will still do little to cause companies to begin hiring again until they feel secure that the economy is improving.
