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"Employment declines will weigh on income and confidence and prevent a significant economic recovery".
"The new-orders decline and employment declines were not a good sign".
I don't know how else to read the recent employment declines.
Employment declines were less severe than the previous month, but the average workweek shortened.
The two jobless recoveries were preceded by recessions in which employment declines were modest.
As I discussed here, it's quite possible that current too-fast employment declines are merely the flipside of the earlier, too-slow employment declines that prompted widespread hand-wringing over the possibility of structural unemployment.
Similar(29)
There, employment declined by 35,000.
Middle-skill sectors like sales saw an 8 percent employment decline.
Employment declined in the media industry and in health services.
According to city council figures, employment declined by 18%.
Public employment declined by roughly 18,000 jobs last month.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com