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Moody's: No Employment Gains from 3Q/2009 to 3Q/2010

Moody's is predicting jobs losses will stop by the second quarter of 2010 and there will be job growth from the second quarter to the third quarter.  On a cumulative basis, Moody's projects that the job growth in the third quarter will not be enough to get back to the employment level at the end of the third quarter of 2009.  Moody's projects change in employment from 3Q/09 to 3Q/10 will be -0.2%.

Here is a graphic from USA Today which summarizes the Moody's analysis.

click here for interactive graphic

Hat tip to Barry Ritholtz at The Big Picture (here) and  

Disclosure: No stocks mentioned