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Best Moves in a Bad Economy Blog

By Kimberly Amadeo, About.com Guide to US Economy

Unemployment at 14-Year High - Steps to Take Now

Friday November 7, 2008
In October, the economy lost 240,000 jobs, and unemployment rose to 6.5%, a rate not seen since 1994. If you are facing a job loss, here are things you can do to help the situation. Generally, about 150,000 new jobs are needed each month to keep the economy stable. The last recession led to 29 months of job losses. Health care is really the only area that is growing, so if you are considering a change, now would be a good time to get some training for that field. (Source: BLS, Employment Situation Summary)

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Comments

November 18, 2008 at 11:20 am
(1) mary says:

You recommend health care trainging, but don’t say what type??

November 19, 2008 at 2:10 pm
(2) useconomy says:

Hi Mary,

At this point, anything within the health care industry would be good – doctors, dentists, nurses, technologists, and skilled labor including non-clinical healthcare jobs.

Kimberly

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