Friday, May 15, 2009

A Bad Time to Be A Professional

Business Week reports:
Since Lehman went bankrupt, there’s been a complete labor market collapse for many professional occupations. Over the last year, professional employment is down -0.7% (the average of the three months ending April 2009 compared to the average of the three months ending April 2008).

That’s bad enough, but that number is boosted by growing employment in education and healthcare occupations. Other professions are disaster areas.