As with many of the jobs updates lately, it's not the best of news but it could be much worse. It's doubtful much will change in 2009 though perhaps in 2010 we will start to see more positive change. Reuters:
Employers have sharply cut back on layoffs but hiring has yet to take off, putting a damper on domestic demand. That has left many analysts doubting the economy's recovery from its worst recession in 70 years will be sustainable once the government's various spending programs end.
The survey of 77 economists forecast employers cut 180,000 jobs in September, which would be the smallest amount for any month since August 2008. Payrolls declined 216,000 in August.
