MARCH 7, 2010
The Department of Labor released the February 2010 jobs report and the employment news is looking up. The number of employees downsized for the month was reduced to 36,000, as compared to 726,000 downsized 12 months prior. Since the recession began in December 2007, more than 8.2 million people have joined the unemployment rolls. However, there is additional favorable news on employment. One sector that has been adding new labor is Temporary Services - adding an estimated 48,000 jobs in February.