During a Recession, some Jobs Survive — and Thrive
Press release from the issuing company
Monday, December 13th, 2010
It started three years ago this month. And, like the worst of floods, recession rushed through the labor market, growing in force until it had ravaged all but a few patches of high ground.
From tellers to truckers, from real estate to retail, positions vanished by the millions beneath the torrent, and unemployment rose. Sector after sector suffered in a downturn that was both broad and deep, said University of Georgia economist Jeff Wenger.
Between December 2007 and the weak job expansion that began in early 2010, a stunning 8.36 million jobs in the U.S. were washed away, including 347,800 in Georgia. Yet the numbers do show places where there was job growth despite the recession — or even partly because of it.
