Talking Points:<\/p>\n
1. <\/span>24.7 million= 13.7 mil. Unemployed + 8.3 mil. Involuntarily working part-time + 2.7 mil. Who are not even counted = 24.7 million workers \u00a0who are either unemployed or underemployed or 16% of all workers! = 1 in 6 workers still unemployed or underemployed!<\/p>\n 2. <\/span>The recession has killed off 7.9 million jobs. Many of them are not coming back!<\/p>\n 3. <\/span>BLS said that the National Unemployment rate edged down another .1% to 8.9% in February. That makes: .9% over the last three months!<\/p>\n 4. <\/span>Key: after 20 straight (May 2009 to January 2011) months of the unemployment rate being 9.4% or higher it finally dropped below 9.4%!<\/p>\n 5. <\/span>Illinois unemployment rate 9% in January. It has now fallen 12 straight months!<\/p>\n 6. <\/span>Gain of 192,000 non-farm jobs in February.<\/p>\n 7. <\/span>The gains were: a) Manufacturing gained another 33,000 jobs in February (on top of a gain of 49,000 in January= a sign that manufacturing is started to be strong) b) Health Care which rose by 34,000 in February c) Construction added 33,000 jobs in February (versus a loss of 32,000 jobs in January) d) the service sector added 47,000 jobs in February and e) Transportation and warehousing added 22,000 jobs (versus a loss of 38,000 jobs in January).<\/p>\n 8. <\/span>The only real loser was state and local government employment, which edged down and has lost 377,000 jobs since its peak in September, 2008.<\/p>\n 9. <\/span>How bad is it? At February’s pace of 192,000 jobs created, it would take over 5 years or until late this decade to make up for all the jobs lost by the recession.<\/p>\n","protected":false},"excerpt":{"rendered":" Talking Points: 1. 24.7 million= 13.7 mil. Unemployed + 8.3 mil. Involuntarily working part-time + 2.7 mil. Who are not even counted = 24.7 million workers \u00a0who are either unemployed or underemployed or 16% of all workers! = 1 in 6 workers still unemployed or underemployed! 2. The recession has killed off 7.9 million jobs. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[48,49,50,51,52,55],"tags":[42,29,32],"class_list":["post-2020","post","type-post","status-publish","format-standard","hentry","category-chicago-engineering-jobs","category-chicago-jobs","category-chicago-technical-jobs","category-engineering-careers","category-interview-preparation","category-technical-recruiter","tag-chicago-networking","tag-jobs","tag-research-and-development"],"_links":{"self":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts\/2020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/comments?post=2020"}],"version-history":[{"count":0,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts\/2020\/revisions"}],"wp:attachment":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/media?parent=2020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/categories?post=2020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/tags?post=2020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}