Workplace Economy Slides January 2009

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December 2008 National Jobs Report from the Bureau of Labor Statistics

Transcript of Workplace Economy Slides January 2009

Economic data

As of January 2009 Reflective of the December 2008 National Jobs Report from the Bureau of Labor Statistics

December jobs report summary

Historic job losses

Sector snapshot

Engineering job growth (in thousands)

Source: BLS

Jan Feb Mar Apr May Jun Jul Aug Sept Oct

6

4

2

0

-2

-4

-6

-8

-10

-12

2008

Nov Dec

Key finance sector job growth (in thousands, YTD 08)

Source: BLS

Financeall positions

Creditintermediation

Insurancecarriers

Accounting Securities,investments

40

20

0

-10

-20

-40

-60

-80

-100

-120

-140

-160

Healthcare job growth (in thousands)

Jan Feb Mar Apr May Jun Jul Aug Sept Oct

45

40

35

30

25

20

15

10

5

0

Source: BLS2008

Nov Dec

IT job growth (in thousands)

Jan Feb Mar Apr May Jun Jul Aug Sept Oct

18

16

14

12

10

8

6

4

2

0

Source: BLS2008

Nov Dec

Key manufacturing sector job growth (in thousands)

Source: BLS

Manufacturing Motorvehicles

Furniture Nondurablegoods

Machinery

0

-150

-300

-450

-600

-750

-900

Global manufacturing snapshot

Job shifts in thousands (2007-2008)

Source: BLS

500

400

300

200

100

0

-100

-200

-300

-400

-500

-600

Healthcare

Government

Education

ITEngineerin

g

Accounting

LegalTransporta

tion

Financial Services

RetailManufacturin

g

Constructio

n

Regional jobs picture

Source: BLS Data

Real GDP growth