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Economic Policy Institute – Labor Day by the numbers

Economic Policy Institute Fact Sheet, Labor Day by the Numbers, September 7, 2009 . Note that all numbers are current as of September 4, 2009. TOTAL JOBS LOST DURING THE RECESSION: 6.9 MILLION.

  • “New jobs needed per month to keep up with population growth: 127,000
  • Jobs lost in August 2009: 216,000
  • Jobs needed to regain pre-recession unemployment levels: 9.4 million
  • Manufacturing jobs lost since the start of the recession: 2.0 million (14.6% of sector’s jobs)
  • Construction jobs lost in the recession: 1.4 million (19%, nearly one in fi ve construction jobs)
  • Mass layoff s (50 or more people by a single employer) in July 2009: 2,157; jobs lost: 206,791″
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