8.4 million jobs lost in the recession since 2007.
Also there was a large decline in the number of unemployed people seeking new jobs. This number rose to 1.1 million in January. Last year this number was 734,000
According to Reuters – “U.S. employers unexpectedly cut 20,000 jobs in January, but the unemployment rate suprisingly fell to a five month low of 9.7%, according to a goverment report on Friday that hinted at some market improvment starting to take root.”
