One of Twenty Facts About U.S. Inequality that Everyone Should Know

Job Losses

Employment fell by 3.1 million jobs during 2008, and by another 4.7 million jobs in 2009. The job losses in the 2007-09 recession are more severe than in all prior recessions.

Job losses in recent recessions, changes in total employment from beginning of recession

Fact 18 image is missing

Source: Christopher J. Goodman and Steven M. Mance. 2011. Employment Loss and the 2007-09 Recession: An Overview. Monthly Labor Review. See: