
A report released by the U.S. Bureau of Labor Statistics suggests that the economic recession is going to get worse before it gets better. Some economists predict that anywhere between 2 -3 million jobs or more may be lost by the end of 2009 alone. The magnitude of job losses that took place since the end of 2007 was, as many experts confirm, the sharpest since the beginning of the post-war era. Last year the United States lost a total of approximately 3 million jobs – the largest annual figures on record.

