Friday, April 17, 2009

2 million jobs lost so far in '09

By Chris Isidore,
CNNMoney.com senior writer

Last Updated: April 3, 2009

Summary

This article ("2 million jobs lost so far in ’09") is about the trials that the recession has put American companies through. Employers are trimming their payroll by $663,000 within the last month. Since the beginning of 2008 Americans have lost 5.1 million jobs since the recession. The percentage of lost jobs has skyrocketed since the start of the recession. This article is telling people that the number of layoffs may continue to rise throughout the year, although the highest number of layoffs was in January, at 741,000 jobs.

Analysis

This article informs the public about how the layoff and unemployment rates contribute to the economy's downfall. With this article Americans can actually see how the economy affects other people and companies. More articles like this need to be put out more often to let Americans know what is happening, what is going to happen, and when to prepare for it to happen.

By Tyerra G.

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