Jobs Report Released Today

The jobs report was released today by the Labor Department showing a 85,000 job loss for December 2009.  Forecasters expected the first job growth in 2 years on this report.  It's much better than the 700,000 a month job loss we were seeing at the beginning of the recession, but it shows that recovery is still slow.

The major job losses were in the construction sector which had a loss of 53,000 jobs followed by the manufacturing sector which lost about 27,000 jobs.  Both of these aren't a surprise as the construction sector is still correcting from it's over inflation and as the manufacturing sector is still shipping jobs overseas.

Although many major sectors lost jobs, many sectors actually added jobs in December.  Professional and business services led the way by adding 50,000 jobs followed by the health services sector which added 27,000 positions.  See the CNBC report.

That means that if you're in one of these sectors, you got good news today, especially if you're looking for these types of jobs.