NewsFlash: February 1, 2008
Jobs numbers contract first time since August 2003
“January’s payroll numbers send a clear signal that the labor market is in or teetering on recession,” said EPI senior economist Jared Bernstein. In today’s Jobs Picture, Bernstein gives a thorough analysis which shows weaknesses revealed this month are consistent with a clear pattern of slowing job growth and not just a monthly anomaly.
For interviews or more information, contact the EPI Communications Department at 202-775-8810 or email@example.com.
Click here for how to describe EPI.