More than a Million Americans Lose Jobs

2004 wasn't a good year for jobs in the United States as 1,039,735 had their job taken away from them. Economists believe it is not simply a sign of weakness in the US economy but is a change in how business is done, with a culture of hiring and firing becoming the norm. Forecasters are predicting similar trends in 2005.
More than a million Americans lost their jobs in 2004
The 1 039 735 job cuts however were 16 percent below the level of 2003, the firm said in a statement, and 47 percent less than the recession year of 2001. But the total was well above the average of 556 190 job cuts between 1993 and 2000. Read more at Business Report