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From: Condor3/3/2009 7:18:32 AM
   of 219061
 
February Employment Numbers Expected To Be Grim

Published on: Monday, March 02, 2009
Written by: William Patalon III

The month of February was the worst month on record for the Dow Jones Industrial Average since 1933, and it could possibly register the largest job loss number in 60 years. For more information, read the following article from Money Morning:

When the Labor Department releases February’s U.S. employment numbers on Friday, economists are expecting to see the largest one-month job loss in nearly 60 years. With consumer spending in a freefall and factory output continuing to plunge, U.S. companies are idling plants, slashing extra workers and cutting back on the hours of those that remain, MarketWatch.com reported.

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