According to the Bureau of Labor Statistics, the increase in unemployment in the architecture and engineering occuptions has doubled from 2007 to 2008! This is roughly 4 times the average change in unemployment for all people aged 16 and over, which was 26.1% at the end of 2008. This statistic was relevant when total unemployment was 5.8%. With today's reading of 8.5% unemployment, all bets are off as to what on earth is going on in the U.S. labor market.
Sphere: Related Content
Print this post