The U.S. Labor Dept's Oct 2008 JOBS Report

According to the U.S. Labor Department's monthly JOBS Report (October 2008):

* The U.S. economy lost 240,000 jobs in October:
- Manufacturing: Down 90,000
- Construction: Down 49,000
- Professional + Business Services: Down 45,000
- Retail: Down 38,000
- Financial: Down 24,000

* Since the beginning of 2008, the U.S economy has lost a total of 1.2 Million JOBS

* The current unemployment rate is 6.5%...6.5% is the country's highest unemployment rate since March 1994

* More than 1/2 of this year's job losses have occurred during the past 3 months:
- August: Down 127,000
- September: Down 284,000 (largest total since 11/2001)
- October: Down 240,000

Data Courtesy: The Wall Street Journal + U.S. Labor Department